In the discussion about calculating voltages across diodes in a circuit, the main focus is on whether both diodes can conduct simultaneously. It is established that both diodes cannot be on at the same time due to conflicting voltage drops at a shared node, which leads to inconsistent voltage readings. The potential difference across each diode determines its state, requiring 0.7V to turn on. The conversation also explores scenarios where one diode is off while the other is on, emphasizing the importance of analyzing all cases. Ultimately, understanding the voltage conditions is crucial for accurate calculations in diode circuits.