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Anyone just given up on looking for a new GPU?
- Thread starter subbytna
- Start date
Lets see how many they sell at those prices when people can't just print money with them.
Associate
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- 1 Oct 2009
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- Norwich, UK
Oh absolutely, individuals rarely if ever act completely rationally. This is why something like the market rate for a product is this somewhat averaged value across many people buying and selling, that aggregate is considered to be the market.
The point is that "real" in terms of value is purely what people are willing to pay in a market, there is no other sensible standard. If FOMO drives up that price on average then sure that might be irrational but that new higher value is still the value, it's what voluntary traders are willing to pay. To assert that is too much or too little is to just make up arbitrary standards. I could say anything more expensive than 1 penny is too expensive, but it's based on nothing but my subjective feelings, other people have other subjective feelings, it means nothing. All that matters is what people are willing to pay.
Interesting read from Nvidia
https://www.bloomberg.com/news/arti...er&utm_term=210623&utm_campaign=marketseurope
https://www.bloomberg.com/news/arti...er&utm_term=210623&utm_campaign=marketseurope
I just don't see that. I'll never pay £1k just for a graphics card, I simply can't justify it.
Great to see we have finally turned a corner though - there's lots of stock aboout, albeit still expensive. Now we need a price crash.
It’s great… I see GPU’s (sixth sense hehe).I just don't see that. I'll never pay £1k just for a graphics card, I simply can't justify it.
Great to see we have finally turned a corner though - there's lots of stock aboout, albeit still expensive. Now we need a price crash.
Now it’s time for the market to realise that they are priced too high and prices will have to drop!
I think thats one of the reasons people are praying Intel come good with a £200-£300 card forcing AMD and Nvidia to do the same. I cant really see it though.
On another note just seen a Asus Tuf Laptop with a RTX 3050 ??? What mobile part is that !
https://www.overclockers.co.uk/asus...MzYzwy27FZUbFOoiS13SOkiNicr7H0gYNA0z-ZuPDXPaM
Soldato
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- 21 Jan 2010
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- 3,828
I just don't see that. I'll never pay £1k just for a graphics card, I simply can't justify it.
Great to see we have finally turned a corner though - there's lots of stock aboout, albeit still expensive. Now we need a price crash.
I think the nature of this forum means people assume the average user will suck up £700 or more for a graphics card upgrade.
You only have to look at the Steam survey to see where the real action is.
The point is how many will now hold off until 4 series cards and then will there be a huge mess related to that.
If people are literally fighting and paying thousands for graphics cards just to play a £49.99 game etc then I dont see how companies think they will make money as clearly all the upgrade cycles will be elongated as people give up trying to get hold of parts or simply can not afford it.
"mugs' springs to mind in this whole affair.
If people are literally fighting and paying thousands for graphics cards just to play a £49.99 game etc then I dont see how companies think they will make money as clearly all the upgrade cycles will be elongated as people give up trying to get hold of parts or simply can not afford it.
"mugs' springs to mind in this whole affair.
My 1080Ti was under 700...dollars.
Yeah my 1080 was £600 and that was a painful experience, I'd stretch to 700 but not a grand.
This is arguably just an example of poor supply driving up prices, when we talk about people paying "more than they normally would" that is based on a normal supply chain where they actually don't need to pay more because suppliers are offering items cheaper and will undercut the competition to make profits. So the price they 'normally' pay may in many cases be lower than the perceived utility they get from the item. It could be that some people personally would be happy to pay £1k for a gpu but in normal times it only costs £500, so they pay that as the market supply ensures that firms can't get away with charging £1000 as others will offer it cheaper.
Essentially what is different from normal is that we don't have a free market where manufacturers can supply ample product at a good price and still return a profit. There is effectively a monopoly of sorts whereby people in possession of GPUs can set prices high because there is very little competition.
Or to put it another way, the issue is not so much that people are exceeding a personal expenditure threshold they normally don't cross, more that in normal times the market price is significantly below their threshold.
Soldato
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- 22 Nov 2018
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Production speed is the same as last gen. So demand is the only explanation.
I would hope that the increase in stock drops is down to that slow container ship finally arriving and logistics are now back on track.
Price should start dropping once the mindless desparados stop buying from scalpers.
Fingers crossed or I'm no longer a PC gamer. I will then turn to doing something meaningful like getting some chop socky lessons or polishing turds.
Price should start dropping once the mindless desparados stop buying from scalpers.
Fingers crossed or I'm no longer a PC gamer. I will then turn to doing something meaningful like getting some chop socky lessons or polishing turds.
Associate
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- 11 Mar 2008
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- 470
That would assume a few things:
1. Demand for GPUs remains as high as it is just now - if crypto mining stops being viable then demand will drop significantly. Scalping is only viable if the scalpers can afford to buy all the available stock and control the supply, if they can't do that then they will be unable to resell at a profit
2. No competition. If nVidia launch a 4080 at £1200 next year, that leaves AMD plenty of room to launch their 7800XT at £1000 (which would likewise leave room for them to be undercut as well) - price competition should then ensure that each side prices their products 'competitively' (and Intel may end up in the mix there as well in the future). If nVidia and AMD both 'agree' to keep charging £1200 then that is price fixing and can bring about legal action and large fines
3. The value proposition of a GPU remains unchanged - connected to demand, right now a GPU is of much higher value to most of us in non-monetary terms due to being house bound for the last year, so have we have been prepared to pay more than normal since we have been spending less money on other things. Once we start going out again then the perceived value of a card will drop and what we are prepared to pay will no longer be what it is now.
I'm not saying we'll be seeing a 4080 as £650, but if global chip production improves by then as seems to be expected so that the ability to supply is not constrained, combined with reduced demand (less mining, more going out with friends) should mean that prices should be more viable than they have been.
Associate
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Regarding pricing and if the same performance improvement trends continue, then the next generation might offer a 4070 for £500 with close to 3080 Ti performance.
Don't forget that the mid range cards also get more powerful.
Based on performance / cost, the FE 3080 is a brilliant deal, if you can get one for £649.
Don't forget that the mid range cards also get more powerful.
Based on performance / cost, the FE 3080 is a brilliant deal, if you can get one for £649.