NVIDIA GeForce RTX 30 Series Pricing Reaches 3x MSRP in Europe

[trog100]

in a free market wold prices will find their own level.. there are no shortages just a bunch of people who cant afford to pay the going price and have to go without..

in a Communist world prices are fixed acute shortages will exist and a bunch of people will have to go without..

i aint saying which is right and which is wrong just that lot of people dont seem to be sure of what kind of world they live in.. some seem to want it both ways.. he he

trog

 

[dyonoctis]

yes but nvidia knew about all this before they came up with what i am still calling a fake msrp price.. one they knew they would never be able to supply at..

over the last few months i have acquired 8 x 3070 cards.. i paid around £1000 each for them and consider what i paid a bargain.. i dont let the fake msrp price confuse me.. i know what a real price is.. i also know what real bargain is..

i also paid £1045 for a 3080 card.. now that was a real bargain.. he he

trog

And yet, I bought my RTX 3070 at the EU MSRP, if 1000 £ is a bargain, should I call that price a gift ?

 

[Chomiq]

Today's problem is FOMO culture. Instant gratification is a cancer. Is it so hard to wait for crypto bubble to burst again and then buy desired GPU cheaply on a 2nd hand market?
This way you show middle finger to scalpers, Ngreedia, AMD, AIBs and greedy retailers. Let them suffer for their sins.

Oh yes, they'll suffer while making record profits.

 

[RedelZaVedno]

Oh yes, they'll suffer while making record profits.

Hangover is a b... Both NGreedia and AMD are producing record numbers of GPU atm. Market will become oversaturated with 2nd hand GPUs the moment crypto craze ends, leaving scalpers, retailers, AIBs with GPUs noone wants to buy at inflated prices anymore (which they bought at inflated prices too) and AMD/Ngreedia with already pre-bought production capacities at TSMC & Samsung they can't utilize, yet they have to pay for them. Trust me, sudden crypto mine crash would be a nightmare for everyone in the supply chain. The only way consumer can add salt to their wounds is to buy RNDA2/Ampere GPU on a 2nd hand market after bubble bursts, so they're all left with oversupply. Same scenario of Polaris oversupply nearly killed AMD Radeon division after the last mining craze and left nvidia with tons of Pascal GPUs. To avoid this happening to them, Ngreedia now wants to sell specialized crypto GPUs to miners, so they can't overflood the market after bubble burst. But it's probably to late for that. So again, please don't buy new GPUs when they're back to MSRPs, buy on a 2nd hand market instead, so that all in GPU supply chain loses money. It's the only way to teach them a lesson.

 

[ZoneDymo]

Hangover is a b... Both NGreedia and AMD are producing record numbers of GPU atm. Market will become oversaturated with 2nd hand GPUs the moment crypto craze end, leaving scalpers, retailers, AIBs with GPUs noone wants to buy at inflated prices anymore (which they bought at inflated prices too) and AMD/Ngreedia with already bought production capacities at TSMC & Samsung they can't utilize, yet they have to pay for them. Trust me, sudden crypto mine crash would be a nightmare for everyone in the supply chain. The only way consumer can add salt to their wounds is to buy RNDA2/Ampere GPU on 2nd hand market after bubble bursts, so they're all left with oversupply. Same scenario of Polaris oversupply nearly killed AMD Radeon division after the last mining craze and left nvidia with tons of Pascal GPUs. To avoid this happening to them, Ngreedia now wants to sell specialized crypto GPUs to miners, so they can't overflood the market after bubble burst. But it's probably to late for that. So again, please don't buy new GPUs when their back to MSRPs, buy on 2nd hand market instead, so that all in GPU supply chain loses money. It's the only way to give them hangover.

How realistic is that scenario though, considering the high demand regardless of crypto, either scalpers sell their wares at still inflated prices or at MSRP or so which means very little loss on their end.
OR the consumer says "screw you scalpers" and buys the latest from AMD and Nvidia meaning those two win again.

The only thing that would hurt all involved is if consumers amass jump on Intel's upcoming gpu's but that wont happen.

 

[RedelZaVedno]

How realistic is that scenario though, considering the high demand regardless of crypto, either scalpers sell their wares at still inflated prices or at MSRP or so which means very little loss on their end.
OR the consumer says "screw you scalpers" and buys the latest from AMD and Nvidia meaning those two win again.

The only thing that would hurt all involved is if consumers amass jump on Intel's upcoming gpu's but that wont happen.

It's very realistic. According to RedgamingTech and GamersNexus supply chain leakers, 4-5 out of 6 produced dGPUs goes to mining farms atm. Farms will dumb these GPUs on a 2nd hand market, the moment mining is not profitable anymore. System integrators don't buy on a 2nd hand market, so all these dGPUs will be left to consumers. Supply will surpass demand in a few months and that's when you'll be able to buy 3080 for a 400 bucks or even less. Ampere will be Polaris moment for NVidia. It won't be as painful as it was for AMD, because Nvidia has more diverse costumer base, retail dGPUs representing only a good third of their revenue, but still, give shareholders and Jensen at least a headache.

 

[Chomiq]

Hangover is a b... Both NGreedia and AMD are producing record numbers of GPU atm. Market will become oversaturated with 2nd hand GPUs the moment crypto craze ends, leaving scalpers, retailers, AIBs with GPUs noone wants to buy at inflated prices anymore (which they bought at inflated prices too) and AMD/Ngreedia with already pre-bought production capacities at TSMC & Samsung they can't utilize, yet they have to pay for them. Trust me, sudden crypto mine crash would be a nightmare for everyone in the supply chain. The only way consumer can add salt to their wounds is to buy RNDA2/Ampere GPU on a 2nd hand market after bubble bursts, so they're all left with oversupply. Same scenario of Polaris oversupply nearly killed AMD Radeon division after the last mining craze and left nvidia with tons of Pascal GPUs. To avoid this happening to them, Ngreedia now wants to sell specialized crypto GPUs to miners, so they can't overflood the market after bubble burst. But it's probably to late for that. So again, please don't buy new GPUs when they're back to MSRPs, buy on a 2nd hand market instead, so that all in GPU supply chain loses money. It's the only way to teach them a lesson.

You forgot that buying 2nd hand GPU's applies mostly to enthusiasts. Regular folks will probably buy a prebuilt PC that will come with a brand new GPU. Even I would rather buy a brand new GPU from the store if price would match MSRP in my region rather then opting for a 2nd hand GPU from an unknown source.

 

[Tsukiyomi91]

people who are buying RTX30 Series cards rn are either too stupid or just want to contribute to the scarcity that's gonna leave a deep scar to the market. Maybe both?

 

[RedelZaVedno]

You forgot that buying 2nd hand GPU's applies mostly to enthusiasts. Regular folks will probably buy a prebuilt PC that will come with a brand new GPU. Even I would rather buy a brand new GPU from the store if price would match MSRP in my region rather then opting for a 2nd hand GPU from an unknown source.

That's your choice. I'll gladly pay 1/3 to 1/2 the price for a 2nd hand GPU and risk it. I bought 580 (70 bucks) and 1080TI (280 bucks) from miner and never had a problem with either.

 

[qubit]

yes but nvidia knew about all this before they came up with what i am still calling a fake msrp price.. one they knew they would never be able to supply at..

over the last few months i have acquired 8 x 3070 cards.. i paid around £1000 each for them and consider what i paid a bargain.. i dont let the fake msrp price confuse me.. i know what a real price is.. i also know what real bargain is..

i also paid £1045 for a 3080 card.. now that was a real bargain.. he he

trog

I agree that NVIDIA most likely knew that those shortages were coming and so did AMD for that matter. The MSRP is still true though.

So, with you buying so many cards, are you reselling them at scalper prices then? I can't think of any other reason for you wanting to buy so many.

 

[Hemmingstamp]

Looks like it's RTX OFF for the many, not the few...

You forgot that buying 2nd hand GPU's applies mostly to enthusiasts. Regular folks will probably buy a prebuilt PC that will come with a brand new GPU. Even I would rather buy a brand new GPU from the store if price would match MSRP in my region rather then opting for a 2nd hand GPU from an unknown source.

No it doesn't. It applies mainly to those who want a bargain or cannot afford a pre built system.

 

[ratirt]

Still rolling the price hike stone aren't we?
It's been like that for a while now and it will stay through this year probably.

 

[AusWolf]

Like in other posts and forum topics before: I recommend everyone to buy according to needs. Sure, 3 grand for a 3080 is an excessively high price, but ask yourselves the question: do you need a 3080? The answer is most probably no.

 

[ZoneDymo]

It's very realistic. According to RedgamingTech and GamersNexus supply chain leakers, 4-5 out of 6 produced dGPUs goes to mining farms atm. Farms will dumb these GPUs on a 2nd hand market, the moment mining is not profitable anymore. System integrators don't buy on a 2nd hand market, so all these dGPUs will be left to consumers. Supply will surpass demand in a few months and that's when you'll be able to buy 3080 for a 400 bucks or even less. Ampere will be Polaris moment for NVidia. It won't be as painful as it was for AMD, because Nvidia has more diverse costumer base, retail dGPUs representing only a good third of their revenue, but still, give shareholders and Jensen at least a headache.

still though, think about it, you want basically everyone to wait with buying a second hand card untill supply is higher then demand, which wont happen if everyone waits and next to that you want people to buy a card that was used for 24/7 mining?

I would say you are rewarding mining this way, making it a basically no to minimal loss scenario

 

[64K]

I agree that NVIDIA most likely knew that those shortages were coming and so did AMD for that matter. The MSRP is still true though.

So, with you buying so many cards, are you reselling them at scalper prices then? I can't think of any other reason for you wanting to buy so many.

He's a miner.

 

[mechtech]

3x, not bad.

Wood (lumber, etc.) in Canada has reached 4x price since covid, and it grows outa the ground for free!!

 

[RedelZaVedno]

still though, think about it, you want basically everyone to wait with buying a second hand card untill supply is higher then demand, which wont happen if everyone waits and next to that you want people to buy a card that was used for 24/7 mining?

I would say you are rewarding mining this way, making it a basically no to minimal loss scenario

Yes, I say let AMD, but especially NVidia pay for allowing everyone down the supply chain to make a record profits out of crypto mine craze at the expense of killing DIY dGPU market. NVidia has the power to say to AIBs that they will not supply dies to them if they continue to exploit the situation by price gouging, but they've chosen short term profits over long term dGPU market stability. Even worse, there are allegations of Nvidia selling large quantities of raw dies/PCBs thorough AIBs (to cover it's ass legally) to large mining farms. That's why I'd rather see them suffer than mining farms. Farms will have to be dealt with government's regulation and taxation of crypto wild, wild west at some point in time, but Nvidia will keep exploiting it's market maker position ad infinitum if there's no strong competition (I hope Intel doesn't screw up again) and consumers allow it to. The way things are going, DIY PC building will soon be limited to few nerds willing to sell their kidney for a GPU and rich enthusiasts and everyone else will move to consoles or cloud services for gaming.

 

[AusWolf]

Yes, I say let AMD, but especially NVidia pay for allowing everyone down the supply chain to make a record profits out of crypto mine craze at the expense of killing DIY dGPU market. NVidia has the power to say to AIBs that they will not supply dies to them if they continue to exploit the situation by price gouging, but they've chosen short term profits over long term dGPU market stability. I rather see them suffer than mining farms. Farms will have to be dealt with government's regulation and taxation of crypto wild, wild west at some point in time, but Nvidia will keep exploiting it's market maker position ad infinitum if there's no strong competition (I hope Intel doesn't screw up again) and consumers allow it to. The way things are going, DIY PC building will soon be limited to few nerds willing to sell their kidney and rich enthusiasts and everyone else will move to consoles or cloud services.

It's the 21st century: every single company on the planet is structured for short-term gains, and not for market stability. Imposing restrictions on the miner market would only mean a gap for the competition to take over. Nvidia and AMD don't care who's buying their products as long as they're selling. RTX 3080s aren't gaming devices anymore, but money making devices that are worth a lot more than MSRP. If you want to game, buy a second hand 960, 1060 or RX 570 and call it a day.

 

[Rithsom]

This shortage just puts a sour taste in my mouth for PC gaming in general. Even though I was able to build a nice PC before the demand spike began, I'm just bummed to even game on it anymore. I won't be buying another computer in the future if I have to pay 2-3x more for hardware.

3x, not bad.

Wood (lumber, etc.) in Canada has reached 4x price since covid, and it grows outa the ground for free!!

What? Those increased prices for lumber are completely justified! Wood doesn't just grow on trees! Wait...

 

[mechtech]

This shortage just puts a sour taste in my mouth for PC gaming in general. Even though I was able to build a nice PC before the demand spike began, I'm just bummed to even game on it anymore. I won't be buying another computer in the future if I have to pay 2-3x more for hardware.



What? Those increased prices for lumber are completely justified! Wood doesn't just grow on trees! Wait...

Ya I was planning a new build around this past Christmas, now, nope. Even 32GB of ram has gone up $50US since January. Not really my problem, I will vote with my wallet, if it takes 5 years, too bad for them, cash will stay in my wallet.

 

[HTC]

I guess my RX480 will have to be enough for a few more years ...

 

[trog100]

I agree that NVIDIA most likely knew that those shortages were coming and so did AMD for that matter. The MSRP is still true though.

So, with you buying so many cards, are you reselling them at scalper prices then? I can't think of any other reason for you wanting to buy so many.

i am mining with them.. 8 x 3070.. 1 x 2080ti and 2 x 3080 cards.. 730 m/sh in total.. i paid what i had to pay to get them..

i did put 10 x 1070 cards back into the market.. no doubt bought by less ambitious gamers.. all were sold over one weekend..

trog

 

[qubit]

i am mining with them.. 8 x 3070.. 1 x 2080ti and 2 x 3080 cards.. 730 m/sh in total.. i paid what i had to pay to get them..

i did put 10 x 1070 cards back into the market.. no doubt bought by less ambitious gamers.. all were sold over one weekend..

trog

Miner! Pariah!

Hope you make lots of cash, matey.

 

[Metroid]

These prices is bullshit, plain and simple. Who uses their recently bought gpus for mining are the greatest malefactors. I have no issues with people who bought their gpus at msrp and use for mining, I have issues with people who are are buying at these prices and using it for mining and I hope they never get their money back and lose big, so they will at least get some pain from the damage they have done to the market as a whole.

 

[TheoneandonlyMrK]

Simple math, it's always been a piece of piss to get a GPU, buy a prebuilt, never without a GPU option the entire GPU crysis, or buy a laptop, but whatever you do don't pay 3x MSRP, you really can buy entire PC's for that.