Selena Anderson
Member
- Jan 15, 2018
- 51
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No matter what new cards are coming but the price will hike up more, dreams for casual gamers are long gone.
I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?
It is rather hard to believe that a year and a half after I bought them if I wanted to sell my GTX 1070 and GTX 1060 6GB (which I don't) I could turn a healthy little profit.
Yep. I bought my GTX 1070 for $450 in July 2016 (a bit over priced due to initial low availability) , gamed on it through two holiday seasons, and just sold it earlier this week for $750. I didn't really have a significant desire to sell it, but for that price I'm okay with it.
The main downside to hanging onto your cards now is the potential for the bottom to drop out on the so called mining bubble. If that happens, and the used market is flooded with cards, you're going to be sitting on two cards that a literally worth pennies on the dollar you spent for them.
The fact of the matter is that which ever way it goes, it's no-win situation for non-mining gamers. If you don't have a card, you can't get one for a reasonable price. If you sell your card, you can make a profit, but not be able to replace it. If you hang on to your card, you might be looking at significantly more than usual depreciation in value, which is already a lot more for graphics cards than for most things.
Yep. I bought my GTX 1070 for $450 in July 2016 (a bit over priced due to initial low availability) , gamed on it through two holiday seasons, and just sold it earlier this week for $750. I didn't really have a significant desire to sell it, but for that price I'm okay with it.
The main downside to hanging onto your cards now is the potential for the bottom to drop out on the so called mining bubble. If that happens, and the used market is flooded with cards, you're going to be sitting on two cards that a literally worth pennies on the dollar you spent for them.
The fact of the matter is that which ever way it goes, it's no-win situation for non-mining gamers. If you don't have a card, you can't get one for a reasonable price. If you sell your card, you can make a profit, but not be able to replace it. If you hang on to your card, you might be looking at significantly more than usual depreciation in value, which is already a lot more for graphics cards than for most things.
ETH difficulty is also pretty crazy now.Almost at pre nerf status https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chartGreat day today. BTC was down 15% and Ethereum, around 18%. These prices are about 25% down just from the highs of these past four days. The pricing fluctuations are a complete joke at this point. BTC is now back at early December level and Ethereum is at level from a month ago. A cool 50% drop from here would bring Ethereum to early November prices, and that's when GPUs should start to show up in decent numbers.
ETH difficulty is also pretty crazy now.Almost at pre nerf status https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
They cant make much more profit(miners) because when they nerfed difficulty they also decreased block reward from 5 to 3.They are now almost like it was when ETH was at 300-400USD.
I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?
Yes, but don't forget that if you're a gamer hopefully your gaming with and getting the enjoyment out of kicking zombie asses instead of just letting it sit there idle, and that's why the money is spent, not to make a profit. For a gamer, anyway.
Screw the miners, I use my PC to relax and see great graphics in my games (and with my card, to warm my feet also!).
That’s a fair point. There is certainly value in a graphics card for the enjoyment it brings.
Just because I’m without a card doesn’t mean I’m not gaming. Picked up an Xbox one x, and battlefield 1 premium on sale for $20. The experience doesn’t match a GTX 1070 with an ultra wide gsync monitor, but it’s still a lot of fun and BF1 is super smooth on the X.
Hopefully when Volta drops prices will be more reasonable.
I'm thinking of picking up an Xbox One X as well. I've been watching the digital foundry vids of the Xbox One X, and it looks great on my 4K display. I mean, considering I'm coming from the R9 290, it's a comparable GPU, but the Xbox One X has HDR and is better optimized.
Really, I'm sure if I got an Xbox One X, I'd just play Halo all day and be very content.
Volta won 't fix prices, but if you preorder, it will get you a great GPU.
Can confirm. They've set two bull traps so far.I just heard from someone that prices are going to come down within 3 months or so because of new cards and crypto mining dying. Can anyone one confirm this news?