Yeah theres a huge surplus of cards the retailers cant sell now so they've been offering increasing price cuts for the past month. Miners are gonna dump even more cards onto the market now too.
>The millennials are probably fine
Not really, millenials entered the workforce after the 2008 crisis. Xers are mostly ok but their retirement plans are going into the shitter.
I weep for zoomer though, the poor 'lil frickers will have to die in the drinkable water wars
Inflation has been a thing since the beginning. Prices never go down. You can get raises by quitting and job hopping. Thats the big difference they never give you a raise now they just want you to quit and find a new job.
Gamers can't stop consooming and paid over $1k for mid-range. Prices are never coming down my dude. $2k to make a PC no more powerful than a PS5 is the new standard.
Sorry 600 bucks for midrange is the new normal.
Also I hope you don't need more than 8-10 vram lmao
>vendors willingly lowering their prices after having established people willing to pay current prices
lol
lmao
Hopefully we go back to the days when $200 got you a good midrange GPU that could run anything at mid-high settings.
The MSRP will not go down. What will happen, if the market corrects properly, is all those 1500 cards will sit in warehouses because nobody will fricking pay for then. They will in turn get marked down and savvy buyers will get them at a third after a year or two. There will always be rubes willing to drop 2k on a GeForce Momfricker 90000x, and there will always be scalpers who take advantage of those rubes to sell them for 3k when the manufacturers try to artificially inflate demand with manufacturing scarcity. which we already see many companies doing, like Sony with the ps5. That scarcity is not 100% artificial thanks to chips and logistics problems caused by 2 years of coof, but you can bet companies like Nvidia will push the envelope as hard as they can
What the death of the miner market means is those inflated prices will eventually go down as retailers and holders have to move product to make room for newer stock. Previously, price would go high and STAY high even 2-3 years into a cards lifespan because miners would buy them and rig them up to pan for internet gold. Coin miners are their own flavour of ignorant rube who were willing to make an inflated investment at the promise of return. Hobbiests aren't chasing get rich quick and so will not buy a 5 year old card for 1 year old prices. You had too many useful idiots Previously, but with their newest Ed Edd and Eddy scam defunct nobody has any reason to buy those cards at full msrp several years on, because there's no longer a profit margin to be made.
In short, wait and buy the dip, as with all things Ganker. Never grab a hot pan.
There are still enough people who buy them at 2-3 times the price to mine some other shit. Unless all of that cryptoshit dies and Nvidia and co won't be able to sell any cards at all you will see prices going down.
Mine at loss given the current energy cost.
I also assume other coins will transition to cheaper methods
The most reasonable thing to do is to dump the stock now before the used market becomes too crowded
Once the 40xx series launches they won't be able to unload it
GPU prices won't go down. People are buying them to make those AI image edits.
Start ups and design studios are also ordering them in mass to get into the AI bandwagon.
>i saw a bunch of memes on Ganker about AI images, therefore it's gaining mass adoption
There is no market for that, with crypto you could at least justify mining by saying you're printing money. Also once an algorythm is trained it doen't need that much power, you can easily slap it on S3 and call it a day
there not enough money in it to justify a GPU fever like crypto.
some porn companies are going to buy some GPU farms to make the next big thing in porn, but other than that, all of those GPU are going to be idle.
>will prices go down
No, the market is bearing the inflated price just fine. As others have said, only expect reduced prices when retailers are overstocked
No
Sorry 600 bucks for midrange is the new normal.
Also I hope you don't need more than 8-10 vram lmao
>vendors willingly lowering their prices after having established people willing to pay current prices
lol
lmao
>after having established people willing to pay current prices
Who? The miners were willing, but now there is no more mining.
Yeah theres a huge surplus of cards the retailers cant sell now so they've been offering increasing price cuts for the past month. Miners are gonna dump even more cards onto the market now too.
https://www.gamespot.com/articles/ethereum-mining-is-officially-dead-ahead-of-new-gpu-launches/1100-6507565/
they already are
Hopefully we go back to the days when $200 got you a good midrange GPU that could run anything at mid-high settings.
the merge? What merge?? CHRIS CHAN??
Probably but they are taking advantage of the demand. People who actually play games on gpus do want to upgrade.
>prices going down
>ever
Ya havin' a giggle, mate?
zoomer here, I'm starting to feel that I wasn't born in the right generation....
The future is sus no cap
Most everyone after boomers were.
The millennials are probably fine
Plus they got to experience the early internet
>The millennials are probably fine
Not really, millenials entered the workforce after the 2008 crisis. Xers are mostly ok but their retirement plans are going into the shitter.
I weep for zoomer though, the poor 'lil frickers will have to die in the drinkable water wars
Inflation has been a thing since the beginning. Prices never go down. You can get raises by quitting and job hopping. Thats the big difference they never give you a raise now they just want you to quit and find a new job.
No, Nvidia is manipulating the supply so prices stays the same.
>No carbon negative
ETH sunk itself, also, the GPUS are not just used for Mining anon.
Gamers can't stop consooming and paid over $1k for mid-range. Prices are never coming down my dude. $2k to make a PC no more powerful than a PS5 is the new standard.
It is easy to beat the PS5 at $1500 actually more like $1300
The MSRP will not go down. What will happen, if the market corrects properly, is all those 1500 cards will sit in warehouses because nobody will fricking pay for then. They will in turn get marked down and savvy buyers will get them at a third after a year or two. There will always be rubes willing to drop 2k on a GeForce Momfricker 90000x, and there will always be scalpers who take advantage of those rubes to sell them for 3k when the manufacturers try to artificially inflate demand with manufacturing scarcity. which we already see many companies doing, like Sony with the ps5. That scarcity is not 100% artificial thanks to chips and logistics problems caused by 2 years of coof, but you can bet companies like Nvidia will push the envelope as hard as they can
What the death of the miner market means is those inflated prices will eventually go down as retailers and holders have to move product to make room for newer stock. Previously, price would go high and STAY high even 2-3 years into a cards lifespan because miners would buy them and rig them up to pan for internet gold. Coin miners are their own flavour of ignorant rube who were willing to make an inflated investment at the promise of return. Hobbiests aren't chasing get rich quick and so will not buy a 5 year old card for 1 year old prices. You had too many useful idiots Previously, but with their newest Ed Edd and Eddy scam defunct nobody has any reason to buy those cards at full msrp several years on, because there's no longer a profit margin to be made.
In short, wait and buy the dip, as with all things Ganker. Never grab a hot pan.
There are still enough people who buy them at 2-3 times the price to mine some other shit. Unless all of that cryptoshit dies and Nvidia and co won't be able to sell any cards at all you will see prices going down.
They can still mine the shitcoins.
Mine at loss given the current energy cost.
I also assume other coins will transition to cheaper methods
The most reasonable thing to do is to dump the stock now before the used market becomes too crowded
Once the 40xx series launches they won't be able to unload it
>one coin that has long since crashed
No it won't change much
ETH is the de facto standard for commercial transactions, BTC has been more of a speculative asset for a while now
>Does this mean GPU prices will go down?
No because you can still mine Bitcoin.
GPU prices won't go down. People are buying them to make those AI image edits.
Start ups and design studios are also ordering them in mass to get into the AI bandwagon.
So you are saying prices would have gone up more, but now they won't.
Semantics homosexual
ACK your self
kek, imagine getting mad because someone applies your own logic.
>i saw a bunch of memes on Ganker about AI images, therefore it's gaining mass adoption
There is no market for that, with crypto you could at least justify mining by saying you're printing money. Also once an algorythm is trained it doen't need that much power, you can easily slap it on S3 and call it a day
there not enough money in it to justify a GPU fever like crypto.
some porn companies are going to buy some GPU farms to make the next big thing in porn, but other than that, all of those GPU are going to be idle.
OH FRICK ETH MINING IS DEAD BAIL BAIL BAIL
No but availability will better even better but prices won't drop because where else are you going to go?
>will prices go down
No, the market is bearing the inflated price just fine. As others have said, only expect reduced prices when retailers are overstocked
>No, the market is bearing the inflated price just fine.
yeah sure, moron