RTX 3070 Price - are they really worth it?

[Jan Zajac]

The masses are pretty slow to react to situations but I think the hysteria is slowly being replaced by anger. The more angry people get the more likely they are to simply refuse to buy at inflated prices.

I really need a graphics card but I have become angry now at this situation and the way the various companies and scalpers are behaving. The likes of NVIDIA could have done a lot more to ease this situation, and instead they have done pretty much nothing. If OCUK can make an effort then NVIDIA could have done a lot more.

That's true, they could refuse to provide chips to AIBs unless they're willing to sell their cards at MSRP prices.
Instead use all of those chips for FE's which are sold at MSRP, they're not great cards but certainly better than the alternative prices.

 

[Jan Zajac]

I haven't seen a single FE drop in 6 days! They're giving the chips to scalping AIBs.

I hope as a result their other PC parts market suffer for being such greedy.

 

[uscool]

I haven't seen a single FE drop in 6 days! They're giving the chips to scalping AIBs.

I hope as a result their other PC parts market suffer for being such greedy.

Drops average around every 2-4 weeks , you can find spreadsheet date of past drops and time

 

[Lmg80]

Where is the members market?

 

[BobShark]

Where is the members market?

Need 1000 posts to see/access it.

 

[nade]

Where is the members market?

Think you need 1000 posts and to have been a member for certain length of time.
https://www.overclockers.co.uk/forums/help/boardUsage/

 

[gary996]

would rather do a vasectomy on myself with 2 bricks than pay those prices

 

[Alan McFall]

No no no no, unless your making money from it, then it's a business expense, if it increases your profit then yes.

 

[The Asgard]

OCUK are paying more than RRP themselves, I feel calling them scalpers is a little harsh imo, they put the members deals on and make little to no profit on those, they didn't have to do that.

I totally agree with this statement. OcUk have gone above and beyond to look after the forum members with the three deals. OcUK, Gibbo didn’t have to do that. It’s really appreciated given the current situation.

 

[Harold lloyd]

I would say Most of you are *totally* wrong.
RTX 3070 at £900 is DEFINATELY worth it, Why?
Your looking at £900 which is worth roughly LESS than £500 was a few years ago.
The dollar/pound/euro has Inflated!!! (Just look at the price of copper and other raw materials)
I was trading in the markets for over 15 years before I retired and I see the start of a new commodity cycle.
Unless I'm mistaken this is the NEW NORMAL and these prices are here to stay.
At £900 you are most likely getting a discount, you are likely to see prices hold and even increase going forward now.
It's been a long time since real inflation has hit the western world but this is the start.

 

[Alan McFall]

I would say Most of you are *totally* wrong.
RTX 3070 at £900 is DEFINATELY worth it, Why?
Your looking at £900 which is worth roughly LESS than £500 was a few years ago.
The dollar/pound/euro has Inflated!!! (Just look at the price of copper and other raw materials)
I was trading in the markets for over 15 years before I retired and I see the start of a new commodity cycle.
Unless I'm mistaken this is the NEW NORMAL and these prices are here to stay.
At £900 you are most likely getting a discount, you are likely to see prices hold and even increase going forward now.
It's been a long time since real inflation has hit the western world but this is the start.

Don't agree, when it comes to the average person they can't afford £900 on a 'midrange' gaming GPU and will not pay it. Unless your going to change the goal posts on performance and say its on a scale from 0-100 as oppose to it being based on the previous generation. All these cards are priced as production level cards, cards businesses use. PS5s and Xboxs wouldn't be going for £500 if the cost of inflation was so high.

 

[g67575]

@Harold lloyd

Lol, I don't think so. There's been about 7.91% of CPI inflation on the pound since 2017. So, £500 in 2017 would be worth about £539.56 today.

You would need about 80% inflation to get from £500 to £900.

It's true that inflation can't be entirely judged on CPI though.

 

[Harold lloyd]

Don't agree, when it comes to the average person they can't afford £900 on a 'midrange' gaming GPU and will not pay it. Unless your going to change the goal posts on performance and say its on a scale from 0-100 as oppose to it being based on the previous generation. All these cards are priced as production level cards, cards businesses use. PS5s and Xboxs wouldn't be going for £500 if the cost of inflation was so high.

Well just look at the commodity price charts (google) just about everything is up in price across the board.
Remember I did trade markets for over 15 years and know prices inside out for the most part, looks like some really nasty inflation jump appearing in the western world.
You are right the average person they can't afford £900 on a 'midrange' gaming GPU but we have a commodity SHORTAGE here and at the same time billions of worldwide consumers.
For example a new copper mine can't just be set up it takes over 5 years and 10's of million dollars so the delay causes a shortage and high prices of goods.

 

[Harold lloyd]

@Harold lloyd

Lol, I don't think so. There's been about 7.91% of CPI inflation on the pound since 2017. So, £500 in 2017 would be worth about £539.56 today.

You would need about 80% inflation to get from £500 to £900.

If you are looking at official stats then most of that is fake.
Anyway take it from one of the best traders - see if GPU prices drop a year from now or in 6 months.

 

[g67575]

Nvidia can sell RTX 3070 FEs for £470 and still make a profit, why pay more?

 

[FoxEye]

If you are looking at official stats then most of that is fake.
Anyway take it from one of the best traders - see if GPU prices drop a year from now or in 6 months.

New account, and your first 4 or 5 posts are to say that these prices are great, people should pay these prices, prices will go up.

"I'm a trader for 15 years, listen to me!" in a couple of your posts.

Forgive me but this triggers multiple alarm bells. Don't suppose you're also a Nigerian Prince, by any chance?

 

[Alan McFall]

Well just look at the commodity price charts (google) just about everything is up in price across the board.
Remember I did trade markets for over 15 years and know prices inside out for the most part, looks like some really nasty inflation jump appearing in the western world.
You are right the average person they can't afford £900 on a 'midrange' gaming GPU but we have a commodity SHORTAGE here and at the same time billions of worldwide consumers.
For example a new copper mine can't just be set up it takes over 5 years and 10's of million dollars so the delay causes a shortage and high prices of goods.

You said it, it's a commodity, not a necessity, price is dictated by want not need.

 

[ASMB]

Nope. Might as well buy a console.

This, Xbox series X were available to order for hours today, the saving would buy several games

 

[Harold lloyd]

You said it, it's a commodity, not a necessity, price is dictated by want not need.

But most of the basic stuff you NEED. Wheat, corn and copper is used a lot in electronics etc.

 

[Harold lloyd]

New account, and your first 4 or 5 posts are to say that these prices are great, people should pay these prices, prices will go up.

"I'm a trader for 15 years, listen to me!" in a couple of your posts.

Forgive me but this triggers multiple alarm bells. Don't suppose you're also a Nigerian Prince, by any chance?

Ask me anything about trading, markets etc and I will do my best to reply.
Take a look at the commodity price charts for yourself.
I have read this forum over the years but not posted.
Nigerian Prince, Ha Ha!