What the fuck is going on with GPU prices?
Should I sell my R9 Fury? Barely used it I think I could get $500 easy for it
What the fuck is going on with GPU prices?
Should I sell my R9 Fury? Barely used it I think I could get $500 easy for it
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Bitcoin mining craze. Started already a year ago,
yeah but now the GTX1070 is going for $1000
insane
This is the, what, 80th thread about this very topic this week?
Bitcoin was a scam to sell GPUs. I sold over 200 GPUcoins this year to stupid bitcoin miners who will lose everything they own when the bubble pops.
>tfw my old 380x is going for almost $400 now
holy FUCK
>mfw pcbros will never EVER own a GPU
haha m-master race yes?
>the 1050 ti I bought 6 months ago for $150 is going for $190 at the very least
fuck you cryptoniggers
The 1080Ti I bought three weeks ago for $770 is now $1500 on Amazon. Fuck this.
>tfw turned my switch into a bitcoin mining machine more efficient then retards with GPU miners
The Fury I bought last year for $270 is going for $900
>more than $500 JUST TO PLAY A SINGLE INDIE GAME
Building a home theater PC, is $70 a good deal for a used 750ti?
Right now that's probably all you'll be able to get
>last year I was a broke NEET
>bought 1 bitcoin on advice from /biz/ using paypal credit
>bought ether later
>cashed some out in December
>now have 20k in the bank
Where exactly did I get scammed?
Damn my friend was telling me to buy in.
>tfw you bought your DDR4 and 1080 Ti before the price hikes
Depending on your needs your R9 Fury is a perfectly fine card. I'd just keep it for a year or two and see if either 7nm Vega or Navi turns out to be any good and if the mining craze goes away.
I'm thinking that way to be honest. What scares me more is if prices like this don't go back down. I'd love to make some extra cash but having to pay double what I paid for GPUs that aren't even partially disabled full architecture tier is bullshit
artificial scarcity and collusion between companies to bullshit prices.
The more pressing issue for me is when the RAM shortage will end. RAM prices are absurd.
I have a feeling it'll end in less than a month but this is awful for those that just wanted to play some games
I bought this thing hoping to play any game I wanted without having to put up with the Nvidia mid tier performance wall that always kills their usefulness in newer larger games
No lie I supported biycoin but this shit is ridiculous
>mfw i bought a 1070 a year after launch for launch price
It was supposed to end 5 months ago.
>his not mining with 4 gpus and making $5000 USD a year minimum
My 4x Sapphire NITRO RX 570s already returned my investment in like 3 months lmao
Paid 560 aud for the vega 56. Now going 1k on ebay and gumtree. Should I do it but I would have to be stuck with my old 970 for another year.
too bad i'd rather do something useful with a GPU like mine cryptocurrency instead of just mindlessly playing some weebshit like a faggot. God I hate having to compete with fat sweaty weebs for mining hardware
Lol and reviewers said Vega 64 at $650 was a bad deal
Now its $1500
>bitcoins cost the actual amount of electricity it costs to mine one
>implying you are making money
Were is that amd super gpu line for mining? I thought it was already released and after it's release prices should go down for gaming gpus
>reading this post
youtube.com
Do you mean actual USD or digital meme currency that can buy virtually nothing?
>Gina Riinehart pic
lmfao, fat slut never step in a coal mine in her life
*blocks your path*
Oh sorry did you want one of these? Tough luck kid but I bought them all to mine monopoly money.
his gonna be rich in 1-2 years from that mining boom while you still scratch your head and complain why you poor, lmfao
I heard someone mention in an earlier thread that the best you could do was buy a shitty used EVGA card and have support give you a free one or possibly upgrade you to a newer card by buying into the $50 warranty
is it true, i might try this later maybe around the summer time if i manage to buy other pc parts the low
t.poorfag with toaster pc
MWh costs like 30 euros, if you are doing over about 470TH/s then you are going to have a profit
JUST
>He doesn't have a 10,000 GPU mining rig
pfft, fucking normies
Why can't they just make more gpu's to put up with the demand?
Fab labs are already at capacity, there's only like three of them.
Got 350 for my nitro a month ago, wish i waited.
They can now but why not trickle them in at massively inflated profits
People haven't mined Bitcoin with GPUs for years. Considered obsolete due to ASICs.
People mine most other cryptocurrencies with GPUs though.
It calmed down 3-4 months ago, but went fucking nuts again when Bitcoin spiked to 20k.
People are mining ethereum now. No more bitcoin
Russia is using cryptocurrency to bypass sanctions. Blame them.
friend was telling me to buy ETH when it was like $20 and I didn't listen
unlucky for him he sold what he has like a month later
and on that note, ETH is still the best coin to invest in right now, shit will skyrocket
Because you make less money that way. You produce as much as you possibly can until you catch up to demand always. This is basic stuff.
It won’t for awhile, the point of the coin is lower prices because of the ICOs and altcoins coming out. It defeats the purpose if it becomes as much as btc
>Check local Micro Center for 1070 and 1080s
>All sold out except for prebuilds with them inside
>Check Directron
>Same issue minus prebuilds
>Check Fry's Electronics
>Sold out again
>As I'm leaving Fry's, I see a guy with close to 15 RX 570s in his cart
Even ignoring the high prices, I couldn't buy a new GPU if I wanted to.
>scratch your head and complain why you poor
>why you poor
the IQ of your average cryptofag everybody
how about just put a limit on how many gpus you can buy it's simple. funny enought cryptofags like laughing at gamers calling them babies but put a cap on how many gpu's you can buy and they throw the biggest hissy fit.
>y...your sooo anti consumer
>I GUESS YOU HATE MONEY!!
what the fuck? is it even profitable here with electricity prices?
AMD/Nvidia aren't making money off these inflated prices, stores like Fry's, Amazon, etc. are the ones making all the profit
That's actually a thing, but a nice phone call explaining your willingness to buy plenty of articles will do the trick to have it removed.
That's fucked up. I was hoping AMD would bring in huge profits from this to improve their GPUs
My palit 1080gtx is the same or 20 pounds less than what I paid for it new
hello im a bitcoin miner (ETH specifically). i sell burned out and pretty much dead gpus to people on local classifieds like craigslist.
this shit is so cash (literally) and i sold a dead radeon fury last month for 800 freedom bucks
>when the bubble pops
Yea cryptocurrency will fail just like they said 8 years ago
>wasting money on crypto only for the bubble to pop and, more importantly, never come back
>not putting your money into index funds
I haven't been on Sup Forums for ages this was my first thread in over a year. Is this bait new?
Enlighten me on how the bubble will burst before I put $240 into ETH
It won't "fail," it just won't become what cryptocrazies think it will become. It's not going to become the new currency. It's a place for people in third world countries to store money, for now, until the major countries regulate it into non-existence and everyone pulls out.
Prices in Britain have always been inflated so were not affected by the crypto cancer price influx
>bitcoins cost the actual amount of electricity it costs to mine one
That's not how that works user
Even in the goodness of their hearts Nigvidya and AyyMD cannot impose sellers like Newegg, Amazon, etc. to impose purchasing limits such as only limiting one GPU per one customer and address.
These sellers could not care less as long as they move merchandise.
>bitcoin miner (ETH specifically)
This hurts to read
if you can cash out before the bubble bursts you're made
also the only bubble that's going to burst anytime soon is BTC, investing in altcoins is what you should do
Nobody knows when it will burst. The biggest risk IMO is for the people who put their entire life savings or 1+ year savings into cryptocurrency and forget that it's just a temporary thing that will burst. If you go in expecting to lose your investment and are ready/willing to pull out after you've hit a certain percentage gain (without feeling bad or regretful thinking that you're "wasting an opportunity" or some nonsense) then you might be able to make some money.
If you have to go in, go in with a plan, like "I might lose everything, but if I don't then I'm going to withdraw everything once I'm up 50%," or something like that.
Waitfags btfo
>not having a money printing machine
Even if the bubbles all pop I'm still making money
>also the only bubble that's going to burst anytime soon is BTC, investing in altcoins is what you should do
You have no idea when it will burst. And you've articulated no reason why anyone "should" "invest" in altcoins.
>it's just a temporary thing that will burst.
Individual coins will go down along the way, but I genuinely believe crypto is here to stay and something is eventually gonna catch on to become a genuinely recognized universal currency (probably not any of these coins that have set max limits on how many coins can be mined though, minor inflation is a good thing)
You don't make any money until you've sold. That's why it's dangerous. If you mean that you're selling coins every now and then when it hits certain highs, and you're not reinvesting your realized gains back into crypto, then gj you're doing it right.
what the fuck my graphics card is worth 200 more than I bought it for 2 years ago?
LMFAOOO
you keep investing in those index funds mate
>minor inflation is a good thing
fite me irl
And this is the biggest problem. It doesn't make sense that governments would allow it to happen, and it doesn't make sense that companies would agree to the contractual/limiting nature of cryptos. I've read the hypos of smart currency where allegedly contracts won't be necessary because the currency can limit conduct and transparency for everyone, but that would require at least one party to the transaction agreeing to use such a limiting currency. There's no reason for a company to agree to use such limiting currency.
The whole thing sounds interesting until you start thinking how it would actually work beyond buying drugs on the Silk Road.
Is my 970 worth anything?
>there are people who put life savings into bitcoin when it was at 19k
LMAO @ your life
Honestly, I'm done with PC gaming after getting a new computer a few months ago. Last year I built a Ryzen 7 rig with a RX580, and most games are so poorly optimized anyway that I don't even get a flawless frame rate on current games. I fucking bought this computer to play Nier Automata and I could have payed less than half what it cost for a PS4 and gotten much better graphics and FPS, in addition to being able to finally play Bloodborne.
Coincidentally, I did pretty well with BTC and ETH. But I've never mined them.
Index funds are surefire in that if you buy them and sit on them for 30 years, compound interest and essentially guaranteed annual 7% inflation-adjusted return make them pretty damn valuable. Whereas crypto is just this giant ???? with red flags all over it, index funds is tried and proven with the backing of humanity's financial history.
>full AMD
Ya fucked up there
Ryzen is respectable but AMDs GPU division is utterly incompetent
I don't mean fiat levels of inflation, that's shit. I mean something like Monero where there's a set amount of coins mined per block always. Percentage-wise the inflation is less and less over time, but there's still a consistent amount of coins being added to make up for potential loses. Completely deflationary coins are retarded as a concept for a usable currency
top kek salty nocoiner
I thought I would protect myself against compatibility issues by going full AMD. Damn. I should probably just buy a PS4 and mine with this computer.
Yes, but you are a cog in someone else's machine if you put money into the stock market. The stock market is owned by the oil emirates, mostly. Crypto exists outside of the traditional system, which is why the traditional system hates it. It has its own set of problems, but at least you aren't making the 1% richer with it.
Their software has improved leaps and bounds. I always find the right in game settings with AMD makes a massive difference in performance.
And buy what?
Now this is shitposting
Probably AMD's upcoming Ryzen APU since CPUs don't seem to be affected by this insanity
If GPUs hold prices even 2/3 what I'm seeing now I won't be able to afford it
Besides multi GPU is supposed to become more common as large GPUs become too expensive to produce due to poorer yields from smaller manufacturing processes
This shit is feeding right in to Nvidia making the barrier of entry for high end GPUs $1000
This fucking blows
>few months ago pass up on a 1070 at around $400 because I figure I can wait until a drops a bit more
>now they list for nearly $1000 on Amazon
Well ok then I guess I can still enjoy my 960 for awhile longer there weren't that many games I wanted to play that ran like ass on I just pooped myself.
Sure index funds have their place but dismissing crypto and the future it has is just being a luddite. Crypto will pay off in the long term and early adopters only stand to profit massively, the potential short term ROI is insane compared to index funds.
Its fucking ridiculous. I wanted to buy a new R9 380X for my sister and they went up to $300 new
AHAHAHAAHAHAHAHAHAAHAHAAAA
stop laughing you terrible person
Some rich people are investing in this shit. The second a few of the big ones pull out it crashes.
Usually how this stuff work especially given the amount of activity recently
I wonder if Trump's involved?