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After eBay/PayPal fees that leaves just £200 profit? All that scalping effort for £200?
Ebay regularly run offers where you get a huge discount on fees. The most recent one ended last Monday and reduced them to 2% for any items listed over that weekend (even if they sell later), so if they were listed then it would only be £37 in fees.After eBay/PayPal fees that leaves just £200 profit? All that scalping effort for £200?
Still that's a bit of risk for making just 400 quid if the buyer turns around and says the box arrived empty.Ebay regularly run offers where you get a huge discount on fees. The most recent one ended last Monday and reduced them to 2% for any items listed over that weekend (even if they sell later), so if they were listed then it would only be £37 in fees.
Well yeah, I hate selling anything on Ebay. Too many scammers, scumbags and morons to deal with. I assume it must work out the majority of the time for the scalpers though, or the problem wouldn't be so bad.Still that's a bit of risk for making just 400 quid if the buyer turns around and says the box arrived empty.
On that auction site you can click the 'Sold' items in left column during search results.
And it shows two 3090 FEs sold today for £1840.
After eBay/PayPal fees that leaves just £200 profit? All that scalping effort for £200?
Still that's a bit of risk for making just 400 quid if the buyer turns around and says the box arrived empty.
Now there’s one 3090fe in completed listings that sold for just £1650 yesterday!On that auction site you can click the 'Sold' items in left column during search results.
And it shows two 3090 FEs sold today for £1840.
After eBay/PayPal fees that leaves just £200 profit? All that scalping effort for £200?
I think lots of the sales aren't people trying to flip to make money just people trying to get out of their over priced GPU while it's still selling for somewhere close to what they paid.I guess on the flipside you could consider that despite changes in the cryptomarket, cards are still being sold for big profits. Obviously it could still have further to fall, but should one also be worried that prices are STILL extremely high, EVEN AFTER the much awaited mining profitability drop has landed? It's kind of like, people have been praying for this all year, now it has arrived and the supposed glut of GPUs at bargain-basement prices is yet to materialise. To me it's not really a fire sale when items are being flipped for hundreds of pounds in markup.
Big loss if you get caught with a load of stock you can't shift.
I've had my eye on XBSX prices. Scalpers are lucky to get £500 for them now. Meaning they paid £450 or higher, and with fees taken out they are making about a tenner. Makes you wonder why they even bother.
GPU prices will absolutely crash. They always do after mining ends. There is a massive flood of second hand GPUs and they have to under cut each other to get rid. I remember when you could easily buy RX 480s for about £80. I mean at the end of the last mining crash I paid £210 for a Vega 64. Which two weeks previous was selling for £600 RRP and more to miners.
Miners don't just buy one GPU. They buy 30+. Those cards will flood back to the market.
Yes mining no longer as profitable (still in +) and ETH hash rate dropped significantly. Means many gpus are on the market. Hold your horses buys, gpus are coming home.