I disagree. I don't think people aren't going to wait for AMD to announce another price drop pre-release. They'll just get NVIDIA.
As a buyer now with a new rig and a fairly open mind, I'd rather buy a 2070 to pair with a new AMD CPU than wait for AMD to decide how they're going to react.
Smart people will still wait for the dust to settle and see what AMD's going to do, then decide what to get.
I mean Nvidia literally just gave a huge middle finger to the people that bought 2060 and 2070 at launch, confirming what everyone was always suspected- they were in it to milk it.
If AMD produced consistently good products with good pricing people will buy them
Fact remains though that this hasn't happened and AMD haven't had consistency GPU wise.
Ryzen literally proves this
Can't really compare the CPU scene with the graphic side or things, as people more tend to look at strictly value for money/price to raw performance and nothing else. Meanwhile, on the graphic scene there are lots more variables like values of "graphic features (such as RTX)" may they be genuine useful/benefitual or gimmicky is subjective matter.
"If AMD produced consistently good products with good pricing people will buy them"...vs "when Nvidia produce questionable performance product with higher pricing people will still buy them over AMD's offering" (1060 6GB vs RX580 8GB, 1050ti vs RX570), AMD just can't win that one. Many Nvidia users will ALWAYS find someway to justify buying Nvidia over AMD one way or the other, just because IT IS Nvidia.
The 2060 Super and 2070 Super should had been what Nvidia brought out in the first place, rather than performance that only matches previous gen at the same price point. The reason why Nvidia was bold enough to go backward have only 6GB instead of 8GB for the 2060 (a £320+ card) was because they KNEW even if despite all the whines and complains, people that always used Nvidia will still buy it as human nature resist/dislike change, and will stick with them regardless.
AMD is on the other hand is bringing new cards that are not only faster and more efficient and at a lower launch price than previous gen, yet somehow they end up being the loser and the laughing stock, just because Nvidia have successfully ruin their parade with the "Super OMGZ generous no longer ripping-off our users as much 2060/2070".