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I still don't understand why someone wouldn't just hold off till new cards are available. Those $900 cards are going to tank by years end.Just had a look on ebay for used 2080 ti's and saw that they are still between $800/900. I would imagine that prices are still high because the 3080 is no where to be found.
I bought a 2080 Ti back in very early summer for full price, as I was building a new system and had no idea when NV planned on releasing the RTX 3080, or if I'd be able to get one. I sold mine for $650 on the day of announcement. I got lucky and scored the MSI Trio X 3080, and now plan on selling it within the next week or two whenever I can get a 6800XT ordered lol. (And no, not for profit, I plan on selling the 3080 for what my Newegg Invoice was and not a penny more).I still don't understand why someone wouldn't just hold off till new cards are available. Those $900 cards are going to tank by years end.
I still don't understand why someone wouldn't just hold off till new cards are available. Those $900 cards are going to tank by years end.
To some. I didn't think it would last this long, but I always thought the prices would raise back up. No one thought the supply was ever going to be good, and you couple that with new consoles, along with a bunch of big games. Anyone who sold their 2080ti for $500 was an idiot.
But... Half the fun is armchair-quarterbacking the decisions of others. It's the internet!In hindsight, sure. At the time, Nvidia had a new lineup of cards. The last launch went off without too many supply issues, within a month or two, every Turing card was readily available. And you had the "$499" mid range card out performing the last generation flagship. I thought at the very worst by Q1'21 all of the issues with the launch would be sorted out. If there was a readily available 3070 out there vs. a used 2080Ti, I would probably have bought the 3070 depending on the application further depressing the used 2080Ti prices. No one thought that the card shortage would be this bad this long after launch.
You could say the same thing for people who were selling their RX580's and 1060 6GB's for $100 or so. I wouldn't call those people idiots as no one can predict the future.
I guess in this case no one predicted the sharp rise in crypto-mining "coins."In hindsight, sure. At the time, Nvidia had a new lineup of cards. The last launch went off without too many supply issues, within a month or two, every Turing card was readily available. And you had the "$499" mid range card out performing the last generation flagship. I thought at the very worst by Q1'21 all of the issues with the launch would be sorted out. If there was a readily available 3070 out there vs. a used 2080Ti, I would probably have bought the 3070 depending on the application further depressing the used 2080Ti prices. No one thought that the card shortage would be this bad this long after launch.
You could say the same thing for people who were selling their RX580's and 1060 6GB's for $100 or so. I wouldn't call those people idiots as no one can predict the future.
I sold mine for $1400 in January. Just craziness.I sold my 2080Ti in early February for $650 and I could have and should have sold it for more. Crazy how people were selling them for under $500 at one point.
Wow! I really screwed up, lol!I sold mine for $1400 in January. Just craziness.
Well who knew rona was going to shut the world down and Nvidia not care about inventory levels.I just had to look at this thread today for some reason. How naive we all were back then...
I think it's not so much that Nvidia doesn't care about inventory levels, as much as they can't do anything more about it.Well who knew rona was going to shut the world down and Nvidia not care about inventory levels.
Warren Buffet said it best, when people are fearful be greedy. September was definitely was a time to take advantage of people fears of dropping values.
Yeah I listed mine for $600 back then and it took some time to sell, had a lot of offers under $500.I sold my 2080Ti in early February for $650 and I could have and should have sold it for more. Crazy how people were selling them for under $500 at one point.
I listed mine locally on Craigslist and someone claimed it within two hours after posting it. I didn't want to price it at eBay prices to be nice but I could have charged at least $100 more and it still would have been a fair price comparatively. Oh well, I got a 3090 FE now so I can't complain.Yeah I listed mine for $600 back then and it took some time to sell, had a lot of offers under $500.
I speculated there might be another mining boom coming and prices would spike back to $1k+, that's why I wasn't in any hurry to sell. Didn't think there would also be a huge shortage on top of it all though. I'm happy with what I got for it though since I had already secured a 3080 at the time.
It’s all API calls. Once someone traced them they can be faked. It’s just another restful API; unless you mix in something like one-time pads or RSA keys that are linked to time.A lot of the issues could be solved by retailers. eg. amazon could force purchases through the app for GPUs. I doubt that would be easy to bot. Or AMD, Nvidia could petition them to go that route. Similar for other retailers.
There are a lots of different captcha types. They don’t even try to add them.It’s all API calls. Once someone traced them they can be faked. It’s just another restful API; unless you mix in something like one-time pads or RSA keys that are linked to time.
Mechanical Turk. Not hard to bypass either sadly.There are a lots of different captcha types. They don’t even try to add them.
Thanks for reminding me I should have bought new GPUs last April. Ignorance is bliss, you ruined it.I just had to look at this thread today for some reason. How naive we all were back then...
I think it's not so much that Nvidia doesn't care about inventory levels, as much as they can't do anything more about it.
They have partially started to move in a direction that would enable gamers to purchase more gpus by creating a cmp product, however their execution has so far been abysmal, if not completely inept.
Nvidia is constrained by supply chain for what they can make available for gpus, and right now wafer space is hard to come by.
If Nvidia could, they would sell a gpu to every single person on the planet that wants one, cause they are losing money and customers by not having them available.
Regardless, Nvidia is in another unprecedented growth spurt that will continue to fracture their company and wafer needs into multiple markets from gamers to ai to data center ect. They may continue to have a hard to find product for many years down the road.
Right now due to availability, CMP cards just being available are enough of a reason to sell. They're not ideal, but making money is still making money. However, I doubt this will ever make a dent in the demand for mining gpus as long as they are profitable. Unless Nvidia finds a way to break mining on their GPUs in future releases, which seems like a fantasy, not much is going to change.I don't think the CMP cards will solve anything. Right now GPUs are money printers, and you're never going to turn away more money printers. They're also, all else being equal, worse than their equivalent gaming cards because re-sale value will be worse in the future. So unless they provide some compelling reason to buy these such as better power efficiency for the same hashrate at the same pricepoint as a regular GPU then I still think miners will purchase all the gaming GPUs they can and then buy these as a last resort until they're price competitive. Their 50HX card, for example, draws the same power and produces about the same or less hashrate as a vega 56, and their 90HX is slightly inferior to a radeon vii. At least I can resell a radeon VII or vega56 for a little bit if the market crashes. A mining card that's not profitable during a mining crash isn't going to be worth much. nVidia developing Ethereum mining ASICs would probably do more than these CMP cards. It could push less efficient miners out of the market or force them into mining less profitable coins.
I just had to look at this thread today for some reason. How naive we all were back then...
No it hasn't, but people are angry and frustrated at the current state of the GPU market, so we all vent a bit.Well this thread hasn't aged well.
Should be renamed "Used GPU Market Boom of 2021"Well this thread hasn't aged well.
This has already happened. Not an official currency but if i want to trade cash for a card then its real hard to get something. Everyone is using cards and cpus like currency already.Only a matter of time before they become an official currency.
More like an asset bubble.This has already happened. Not an official currency but if i want to trade cash for a card then its real hard to get something. Everyone is using cards and cpus like currency already.
I have a Vega 64, RX 480, and a R9 290. Maybe I'll keep the R9 290 and sell the rest on Ebay...i finally gave in and put my Vega 64 on eBay about a week ago. Since it was modded and I couldn't find the original heatsink I removed the back/midplates, fan, shroud, and all the aio stuff and listed it with cosmetic issues and including only the bare card, IO bracket, and X-bracket and it still sold same-day for my half-joking $640 asking price. Cards in regular fully-intact condition are going for upwards of $800. Mind blown.