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how high can gpu prices go..

trickson said:
So true.
I think we all need to step back and see how one thing that could have been prevented messed up the ENTIRE WORLD! Hiding from this fact has also made it harder to move forward.
Like fuel energy that is now going up why?
Power bills are going up why?
Greed and avarice from one place has done all this!
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germs are one of mankinds oldest enemies.. the powers that be knew a new pandemic was bound to happen sooner or later.. did we prepare for this. nope we did the f-cking opposite.. we helped the f-cking germs do their thing.. he he

hello new germ hop on this big shiny airplane and spread yourself around the entire world in a few days.. we are now about to pay the price for the silly way we have been living.. he he..

trog

ps.. just in time supply chains are very efficient but they are also very easy to f-ck up..
 
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storm-chaser said:
That's exactly right. I'm surprised it didn't happen sooner as well... One of the primary functions of COVID to be perfectly honest. Kill the supply chains. And yeah, it's not just GPUs that are in short demand. Take a look at the price of 10' 2 x 4 next time you are at the hardware store.
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I see everything going up, all 'asset' classes. Stocks, yes. Commodities, yes. Lumber has tripled since pre-covid. Housing in my area is up 10% in 6 months. Gas has gone from a low point around $1.50 last year, to $2.19 last week, and this week it is $2.39 around here. The average price of a new car in Q4 2020 in the US was $40,107. In 2019, it was $34,000. That is a 17.6% increase in average price.

It's a combination of people sitting at home producing nothing, and massive money printing. Money has no intrinsic value, it is backed by the sum total production of the workers behind any given currency and the demand for the goods they produce. So while many who used to be productive now produce nothing, at the same time people in the west have figured out that they can vote themselves money from public funds, and politicians have figured out that they can buy votes by printing that money.

Lumber cost nearly tripling since pre-covid. This kind of stuff should scare the bejesus out of people, but everyone appears to be comfortably numb :

1614214123935.png
 

RandallFlagg said:
It's a combination of people sitting at home producing nothing, and massive money printing. Money has no intrinsic value, it is backed by the sum total production of the workers behind any given currency and the demand for the goods they produce. So while many who used to be productive now produce nothing, at the same time people in the west have figured out that they can vote themselves money from public funds, and politicians have figured out that they can buy votes by printing that money.
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Yup, and most businesses have been crippled by COVID more than any other factor in the last year or so, its the chief cause of our economic peril. like an airplane grounded on the tarmac its not going to make any money sitting there collecting dust doing a whole lot of nothing. That's why the only viable solution to save our economy is to send people back to work as soon as possible. Smart people who are turncoats know the best way to destroy the greatest economy in the world. You certainly don't go toe to toe with it. You cut off it's blood supply and let it bleed out.
 
Soybeans. This stuff is used in everything. It's even used for substrate on CPUs and GPUs. Gone up more than 50% since pre-covid:

1614218702273.png


Platinum, one of those rare metals used in all kinds of electronics. After an initial fall, it's no up around 30% vs pre-covid:

1614218828163.png

Whatchya wearing? This is Cotton :

1614218989738.png


Whatchya eatin? Here's Corn :

1614219029110.png


Steel:
1614219097063.png


If you note on these charts, the ramp up started when the printing presses ("free" money) started rolling, around June/July 2020.
 
@trickson

Dude, cool it a bit or you will get a heart attack.

Remember the wise words of Carl Brutananadilewski:

"It Doesn't matter. None of this matters"
 
GPU prices are high because of demand. They'd be even higher if high-paid, high-skilled Western workers were producing the goods in Western countries. It's patently wrong to blame another country for the prices of a product which has components outsourced by Western corporations. Apple, Nvidia, AMD, Intel, all, to a degree, have outsourced work away from the base of their US operations. They did this to appease shareholders who require a higher share value to pay bigger dividends. It is a self-inflicted wound. It is also not about politics - it is about corporations and businesses making as much money as they can get away with. They do this by using cheaper outsourced labour and bypassing domestic taxes.

Nvidia and AMD are American companies. Blame them, and them alone for the prices. Their financial, employment, and manufacturing decisions, tied to shareholder committments are why prices are high and rising. If people want to get super angry, look at those decisions and stop using the xenophobic rants; the problem was created at home, not abroad. The irony - we all want cheaper products - well, we got them. And we got them by outsourcing and tax avoidance.

As for mining, that's all about supply and demand and unavoidable. And even when Nvidia say they'll do something about it, people still complain. The hypocrisy is strong in this thread, the willful ignorance of reality is staggering.
 
You want prices to go down? Nobody buy anything for a month. Not from stores, not from scalper. See the prices crash & burn. But sheeps pay, wolves happy.
 
DuxCro said:
You want prices to go down? Nobody buy anything for a month. Not from stores, not from scalper. See the prices crash & burn. But sheeps pay, wolves happy.
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dont give them ideas
 
etherium has gone down in price by over 30% in the last week.. its the coin that gpus are used to mine.. my small mining returns have also gone down by about 50% during the same time period..

its still profitable at this level but not so much so.. the stock market was also down friday we may be about to see a general sell off.. they do say that if stock markets go down so does crypto..

gpu prices may have peaked and demand dropped off a bit..

trog
 
trog100 said:
etherium has gone down in price by over 30% in the last week.. its the coin that gpus are used to mine.. my small mining returns have also gone down by about 50% during the same time period..

its still profitable at this level but not so much so.. the stock market was also down friday we may be about to see a general sell off.. they do say that if stock markets go down so does crypto..

gpu prices may have peaked and demand dropped off a bit..

trog
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It will bounce back as it has done before.

It's being shorted on purpose.
 
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$3600
1614602232577.png
 
Even Newegg is in on it :D

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And they have the nerve to charge 10 bucks shipping lol.
 
i dont even want a 6800xt or 6900XT, but like a 4 leaf clover, id like to see one.
 
sepheronx said:
Damn, if it wasn't for that $10 shipping fee, I was about to pull out my credit card.
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That's not new either, its been that way since Friday! :D
 
prices like these r.i.p to those who sold their 2080ti before 30 series launch
 
In December I was lucky enough to buy an Asus ROG Strix RX5700 XT for around $466, when there were plenty around to choose from (in Argentina).
Today there are no new RX5700XTs to be found, or if there are, they are five times the price, not to mention used ones at similar prices.
 
Hyderz said:
prices like these r.i.p to those who sold their 2080ti before 30 series launch
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a while back i paid £1045 for a palit 3080.. i offered my 2080ti to a neithbour for £600 quid.. i am glad he never took up the offer.. he he..

trog
 
Can you imagine the hit guys who paid scalper prices are going to take later on?

Quite humorous.. That's the price you pay to show off lol :laugh:
 
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