Increases in GPU prices

[Griffildur]

In his defence, all he is doing is telling the truth.. This isn't really about belief, it is fact the exchange rate drop is due to Brexit, and it doesn't take a genius to understand this will mean imports from the US or even EU will be more expensive, having a knock on effect to graphics cards... Just because you don't like it, doesn't make it any less true.

I am saying what is the point to keep bringing that up here? What is it going to change and what effect will it have other than cause more arguments from people who actually support the exit?

 

[eddyr]

I am saying what is the point to keep bringing that up here? What is it going to change and what effect will it have other than cause more arguments from people who actually support the exit?

Griffildur, to be fair, those saying it has had no influence and that subsequent effects on currency influencing GPU prices are a myth (denying the chain of events) are just as guilty of inciting arguments!

In all seriousness, perhaps the simplest way is if every thread on GPU prices is locked by Mods once the first response that explains about the drop in £ vs $ is posted.

 

[Rofflay]

I think it is Brexit and low supply Nvidia are not even ready to launch look at the thread linked below about the crazy DPC latency and the HTC Vive does not even work with the 1080 over Displayport lol. Nvidia have stock issues, They have driver issues and they have price issues.

It is really a big red face moment how can you launch a GPU 66% faster than a 980 two years later at a huge premium and still not get it right. If anything i guess i have them to thank for upping the resale value of my 980. If a 480X can command £220 then so can a used 980 in pristine condition. And of course when Nvidia fix the drivers and the price to £500-£550 i will pounce.

https://forums.geforce.com/default/...ies/gtx-1080-high-dpc-latency-and-stuttering/

 

[shonik09]

I am saying what is the point to keep bringing that up here? What is it going to change and what effect will it have other than cause more arguments from people who actually support the exit?

This is a thread talking about price increases, for which Brexit is one of the main contributing factors. As a result it would be ridiculous for it not to have been brought up here... I don't understand why it should invite arguments either. If you supported the exit just behave like an adult and admit that what is happening is partly due to the decision you and half of the people that voted made.... Why do you need to get upset and argue over this when it this is just a result of what happened, and not really up for debate?

 

[trisp]

Gibbo confirmed that the prices went up due to the pound going down (because they bought them in dollars) which makes sense but what does not make sense is that at 1.29 the pound stopped dropping and it stayed at that rate and now for the last couple of days it has been above 1.31 and going up to 1.33 yet prices continue to increase across the board on components.

So really if the pound stays at this rate or gets even better and prices do not normalize i think that pretty much confirm's price gouging.

O and while the brexit was definatly the catalyst it has been down to the news fear mongering everyone reporting every last bit of negativity 24/7 and other countries pushing delibratley to try and cause us issues by saying even if the uk leave we will still control them or our own political parties having massive issues (cameron's and corbyn) really if everyone just took a deep breath stopped talking about who voted what it would all be a lot better!

But sadly human nature even in this thread people have literally popped in to type "brexit"

 

[eddyr]

http://www.xe.com/currencycharts/?from=GBP&to=USD&view=1M

Trisp, zoom out to 1 month. Based of that data, and taking into consideration that the current stability owes in part to Theresa May taking the reins and some mild optimism over the UK getting its government together, try and forecast the exchange rate in 30, 60, 90 days time. Bear in mind there will be fluctuation on how she decides to move forward, what happens in the next 2 months, concern during the initiation of article 50 etc etc. I would be on the cautious side myself when it comes to committing X thousands of pounds on orders! A very minor increase in the GBP over 12 hours, that could drop back for little to know reason, isn't enough.

 

[silversurfer]

If sterling can confirm above 1.34 to the dollar Im wondering if it can be positive for the moment while still in a negative trend of the last couple years.
Its never so predictable to just follow one path, because that'd be easy money so on that basis 1.44 is my target for upside right now before it all repeats again.
Most important price afaik is friday close, rate cut did not happen and a swing to no change could be all it takes for now. BOE QE is speculated though

 

[Jono8]

Gibbo confirmed that the prices went up due to the pound going down (because they bought them in dollars) which makes sense but what does not make sense is that at 1.29 the pound stopped dropping and it stayed at that rate and now for the last couple of days it has been above 1.31 and going up to 1.33 yet prices continue to increase across the board on components.

So really if the pound stays at this rate or gets even better and prices do not normalize i think that pretty much confirm's price gouging.

O and while the brexit was definatly the catalyst it has been down to the news fear mongering everyone reporting every last bit of negativity 24/7 and other countries pushing delibratley to try and cause us issues by saying even if the uk leave we will still control them or our own political parties having massive issues (cameron's and corbyn) really if everyone just took a deep breath stopped talking about who voted what it would all be a lot better!

But sadly human nature even in this thread people have literally popped in to type "brexit"

The markets don't like uncertainty and aren't going to pour huge amounts of money in to a country and currency that doesn't have a clear future yet. That is just how it works.

Gibbo confirmed that the prices went up due to the pound going down (because they bought them in dollars) which makes sense but what does not make sense is that at 1.29 the pound stopped dropping and it stayed at that rate and now for the last couple of days it has been above 1.31 and going up to 1.33 yet prices continue to increase across the board on components.

So really if the pound stays at this rate or gets even better and prices do not normalize i think that pretty much confirm's price gouging.

As Gibbo has said before, they buy on account (so don't pay till later). He has to price the stock so as to not risk making huge losses in the event that the rate goes back down again. A lot of places are making a loss or probably only just breaking even on pre-ordered stock sold at the lower/release price.

 

[Gibbo]

Gibbo confirmed that the prices went up due to the pound going down (because they bought them in dollars) which makes sense but what does not make sense is that at 1.29 the pound stopped dropping and it stayed at that rate and now for the last couple of days it has been above 1.31 and going up to 1.33 yet prices continue to increase across the board on components.

So really if the pound stays at this rate or gets even better and prices do not normalize i think that pretty much confirm's price gouging.

O and while the brexit was definatly the catalyst it has been down to the news fear mongering everyone reporting every last bit of negativity 24/7 and other countries pushing delibratley to try and cause us issues by saying even if the uk leave we will still control them or our own political parties having massive issues (cameron's and corbyn) really if everyone just took a deep breath stopped talking about who voted what it would all be a lot better!

But sadly human nature even in this thread people have literally popped in to type "brexit"

You must have missed my post that I made a couple of days ago where I said I took the gamble that the rate would hold close to 1.35 and as such re-adjusted a lot of 1070's down in the price.

I said I would and I have even though for us it is a gamble becuase were now selling some lines based on 1.35 whereas in reality when we pay it could be back at 1.30.

1080 will have no price movements now down until stock improves, demand outweighs supply and as such we shall maintain current prices.