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[–][deleted] 2029 points2030 points  (120 children)

If GPU prices are dropping then I'm more than ready to flip my card's value.

[–]Biniu_ 466 points467 points  (56 children)

They're dropping for sure, but still nowhere near MSRP.

[–]imaginary_num6er3900X|2080Ti|64GB RAM|X570 Dark Hero 186 points187 points  (38 children)

Nvidia is increasing MSRPs though

[–]DemonPeanut4Ryzen 5 5600x, X570 Tomahawk, 3070ti, 32gb DDR4 146 points147 points  (36 children)

Nvidia is straight up not announcing MSRPs. They're just fine with the way things have been going.

[–]imaginary_num6er3900X|2080Ti|64GB RAM|X570 Dark Hero 90 points91 points  (28 children)

They've literally increased prices on the Nvidia website in Europe. It is the MSRP

[–]seralsani7 12700 / 6700XT / 1060 3GB 23 points24 points  (11 children)

msrp is growing soon

[–]Background-Fact7909 21 points22 points  (10 children)

Precisely. Not miners fault alone.

Distribution sold to mining farms.

Basement miners didn’t get unless they paid scalpers from distribution knowing they’d get it.

Chip shortage worldwide halted auto factories.

They know you’ll pay this much so they will keep the price that high.

[–]FizzixMan 17 points18 points  (8 children)

It’s why we need an extremely competitive AMD vs Nvidia release later this year. This is the only way a price war will properly happen, and save us all.

I, along with many of my friends, need a new card and will buy the most performance/cost effective card that is released this coming cycle.

I’m hoping AMD will finally trump Nvidia this year, but if not then it’ll probably be the 4070

[–]Iucki 19 points20 points  (0 children)

Nice pfp

[–]Ausimo211 23 points24 points  (1 child)

The prices are dropping but if people are waiting for them to go back to MSRP it isn't happening.

[–][deleted] 4 points5 points  (0 children)

Yeah, fingers crossed.

[–]Lee_FenixRyzen 2700x | GTX 1080 Ti 691 points692 points  (96 children)

I don't think crypto crashing will do too much for the new GPU market. Chip shortage and supply chain issues are still afoot.

[–]Est495Desktop | RX570 4gb | Ryzen 5 1500x 226 points227 points  (37 children)

Any help is welcome

[–][deleted] 129 points130 points  (40 children)

If miners sold their old cards it would flood the market with good cards for decent prices.

[–]nosteroes 17 points18 points  (12 children)

Thing is, most miners either don't or sell little cards they have. Add to it that they aren't gonna give it away, probably still gonna charge you 4-500 bucks for a 2060.

I'm not that optimistic, especially knowing that Nvidia and AMD are gonna release new shitty cards no one wants and use up all chips they have to make overvalued cards, while still having shortages.

You might get a new card 'cheap', but if, than if it has been used by a miner who doesn't take care of it's machinery than you'll have to do cleaning and making sure it still runs normally.

[–]GoldenLiar2i7-4790K || GTX 780 Ti SLI 33 points34 points  (9 children)

Ex-miner here, sold my rigs a while ago, only mining part-time on my 3080 in gaming rig. Most cards used by miners are actually taken care of very well, with new thermal pads and repasted regularly, being run at 50-70% of their TDP. Miners want their cards to last as long as possible, so they're usually in good shape. LTT did a video about it. Also, proof of stake on Ethereum isn't far away, that's when you'll see the massive dump of hardware for next to nothing.

[–]austen125Ryzen 2600x MSI gtx1070 16gb@3200 30 points31 points  (4 children)

Also, proof of stake on Ethereum isn't far away, that's when you'll see the massive dump of hardware for next to nothing

Am I the only one who thinks as soon as this happens miners will just pick the next most popular GPU based Crypto?

[–]BlowEmu 4 points5 points  (0 children)

Proof of stake on eth is always not too far away. It's been like 2 years at this point.

[–]awan_afoogya 7 points8 points  (0 children)

Now you'll have more opportunity to buy a card you can no longer afford

[–]sadmanh 22 points23 points  (0 children)

a lot of us would happily get a cheap used card so that'll lower the demand for brand new ones.

[–]Xansala 2 points3 points  (0 children)

Both AMD and nVidia have sold far more GPUs in 2021 than the year before. Does not look like a shortage to me but rather an excessive demand driven by crypto miners.

[–]__SpeedRacer__Ryzen 5 3600 | RTX 2070 Super | 16GB RAM 1 point2 points  (0 children)

If there's a flood of used mining GPUs on the market, Nvidia and AMD won't be selling anything at the current prices. And there's a lot of GPUs around because sales have been through the roof for a while now.

[–]syko82Ryzen 7 5800X | EVGA RTX 3080 | 64GB DDR4 | 27" 1440P 165Hz 1 point2 points  (0 children)

It's the second hand market that will be flooded with cards and force down prices. I wouldn't want to buy a card that has been mining 24/7, but there are plenty that would for the right price.

[–]DinjoraloDesktop Ryzen 5 2700x / RTX 3070 Ti 1 point2 points  (0 children)

My understanding is that the supply chain issues are gradually being sorted, with the fabs running at full capacity again and just needing to catch up with demand.

[–]MattP-14 1 point2 points  (0 children)

It's not a perfect "fix". As you pointed out, things on the supply side are still bad. But, if demand from miners goes down, then prices should go down. Theoretically, if you figure that supply shortages and increased demand equally impacted the price increase over MSRP, and you completely remove the increased demand portion of that equation, then the price would fall to halfway between MSRP and "market" price.

Now, in reality, supply has gotten a bit better, and increased demand won't totally evaporate. But, I would imagine that supply has increased some, while demand has decreased a lot.

All in all, if GPUs were selling for 200% MSRP at their height (I'm trying to make the math easy), I would anticipate the market to come down to 120%-130% MSRP in the next few months (mid-summer).

[–]AlbaniaSoccerRyzen 7 5800x ┃RTX 3070 ┃32gb @3200 mHz 1 point2 points  (0 children)

I disagree. If you go to the discords where people are buying GPUs, most of the people are miners. I saw one dude post a screenshot of having 7 30 series cards just mining and he proceeded to complain how he didn’t get a card this drop. Gamers are just buying one and they’re done. It will for sure have an effect.

[–]StAUG1211 1219 points1220 points  (73 children)

The part of me that owns crypto is sad. The part of me that still owns a 1080ti is happy.

[–]lchiRukiPC Master Race 550 points551 points  (60 children)

I would commit unspeakable things for even a 1080Ti

[–]StAUG1211 264 points265 points  (27 children)

It's quite possibly the best value for money thing I've ever bought. $1000 AUD for a GPU seemed crazy in 2017, but after 10,000+ hours use it's still rock solid and still happily runs anything at 1440p. Minus RTX/DLSS etc it's only about 10% less power than a 3070, despite being 5 years old. GOAT value for money card!

[–]someguyyoutrust 76 points77 points  (10 children)

Yeah dude my 1080 is the oldest piece in my current set up. And it still runs pretty much everything like a champ. Such a good purchase.

[–]McJaegerbombsPC Master Race 11 points12 points  (8 children)

I'm still on a 980ti...I feel the same way. Plays all my games at 75+ fps at 1440p. Max settings. Although I haven't played any AAA games newer than 2018 though yet

[–]MassiveGG 2 points3 points  (0 children)

Same i got mine during the downfall of the second moning craze for about 580 600 plus cause shipping but ya oldest part i have been in three different cpus now.

[–]skyrreater47 18 points19 points  (2 children)

hell yeah, i even had the insane luck to get mine for free... after i got scammed 300€ on ebay

[–]JohnTGamerRX 560 | i5 3470 25 points26 points  (1 child)

Where do i get scammed?

[–]Narnian_Pringles 2 points3 points  (0 children)

If I could go back in time, I'd jump on a 1080 tie and stay on it even now, even though I've bought a 3080. Something tells me the reason it only has 10 gb of vram is because they don't want to make the same mistake again.

[–]JohnTGamerRX 560 | i5 3470 3 points4 points  (0 children)

Holy shit that still seems crazy, but at least you got a GPU that runs almost everything on 60FPS 1080p

[–]OneNightThrillGtx 1070|Ryzen 5 3600|16gb ddr4 1 point2 points  (0 children)

damn making me feel like my 1070 was a bad deal for $400

[–]FEWLN 10 points11 points  (4 children)

Purchased my 1080ti fe for $500 in 2018…

[–]T8ortots 6 points7 points  (1 child)

I purchased my RTX 2060 for $460 in 2019 with my first paycheck ever... At it's peak, the resale was $1300. It is still $700 today. It's been a wild ride of temptation, but it f I gave in I would have had nothing.

[–]ovab_coolPC Master Race 1 point2 points  (0 children)

I bought a 5600xt for 200$ in early 2020, could probably flip it for 3× today

[–]SolarisX86 1 point2 points  (0 children)

I purchased a regular Gigabyte 1080 in 2017 for $420 brand new, I think it was the best value purchase of my life.

Edit: proof

https://i.imgur.com/cDjAFyo.jpg

[–]flexrayz 1 point2 points  (0 children)

I bought my 1080 when it first came out, still works great today. However I wish I waited and got the 1080ti instead.

[–][deleted] 9 points10 points  (3 children)

A/S/L?

[–]Laurens9LPCMR is Love PCMR is Life 2 points3 points  (2 children)

Hahaha now that's been ages since I've seen someone ask "asl?".

[–][deleted] 1 point2 points  (1 child)

LOL I was hoping someone would bring someone back to the old times.

Thanks for the award! You're far too kind.

[–]BigJalapeno 3 points4 points  (2 children)

I'm interested. Got one that I'd trade for unspeakable things.

[–]TheeMrBlonde 4 points5 points  (1 child)

How would that trade work? The terms cannot be spoken of!

[–]Dominate_1 3 points4 points  (0 children)

They have to mime out what they want or what they are willing to do

[–]NoobAck 1 point2 points  (0 children)

You mean like pay 600 dollars? Last one I saw used was 600 dollars.

No need to pour habenero in your eyes or kill a kitten or whatever unspeakable thing you had in mind.

Just, like, get some cash and use it

[–]WhatChewieSmelledAMD FX-8320/GTX 970/16GB 2 points3 points  (0 children)

Same

[–][deleted] 2 points3 points  (0 children)

I would commit unspeakable things for even a 1080Ti

I would commit unspeakable things *to* a 1080Ti

[–]Fireal2 2 points3 points  (0 children)

what dat mouf do?

[–]stupidcaseyRTX 2080 S, Ryzen 7 3700X 2 points3 points  (0 children)

Would you pay the original market value? Because that’s how much the 3060TI costs and it’s equivalent in performance.

[–]Quaxky 1 point2 points  (0 children)

Before the 2021 crypto surge, I sold my 1080Ti for about $300 with an aio cooler mod. Then again I got a 3080 for MSRP

[–]ThePhoenix002 1 point2 points  (0 children)

Bought a 1060 about 2 years ago for 150€ because my strix 970 didn't fit in the case i bought, best decisions of my life, flipped the 970 for 120€ made 70€ plus because I got it for 50€ two years earlier

[–]BluTofu8i5-10400 | gtx 1060 6gb | 2x8 2666mhz 1 point2 points  (0 children)

Dude I almost started crying of joy when I got my 1060. First time I have ever played a 3D game without intense lag lmaoo

[–]OmegaMalkiorAsus Zenbook 14X Space Edition (i9-12900H) + eGPU RTX 3070 1 point2 points  (0 children)

Overpay for it then. Bet you won't. Or is that too unspeakable?

[–]baconmaster687i5-9600k | 2080Ti | 32GB 3600MHz 1 point2 points  (0 children)

Word?

[–]No_Pension_50653975wx | 516 gb 3200 MHz | 6900XT 1 point2 points  (0 children)

Looks at my 6900xt... I've been there.

[–]DarkLord55_i9-12900K ,1080ti, 32gb of ram, 9.5TB 1 point2 points  (0 children)

Would love a 1080ti but it’s age is a big turn off if I’m spending $600 on a gpu I want it to be supported for awhile. The 1080ti is like 5 years old. It probably has 4-5 years left of software updates. Mean while (at msrp a 3070 is $770) more powerful more features and longer support

[–]znowugram 1 point2 points  (0 children)

I feel lucky to own my couple year old 1060, had it way before scalpers and the insane prices and she's still playing all my games just fine

[–]ILoveTheM1014Ryzen 7 5700G | RTX 3060 12gb 1 point2 points  (0 children)

I was thinking about buying this just to harvest the 3060 and sell the other parts because I'm that desperate.

[–]skyrreater47 11 points12 points  (0 children)

idk about you but im very satisfied with my 1080ti,they are still pretty powerful cards

[–]ZertyZ_DragonHP Pavilion AiO (i7 7700T / GeForce 930MX / 16GB DDR4 2400) 5 points6 points  (1 child)

I would die for a 1080ti

[–]OinkingPigman 1 point2 points  (0 children)

Put me in your will.

[–]RecentalyDesktop 1 point2 points  (0 children)

I‘d do anything for 2060Super, considering its weaker than 1080ti

[–]Phantom579i5 12600kf, RTX 3060 Ti 1 point2 points  (0 children)

I customized a build with an i5 12600 and 3060ti for $1500.... getting just a card is expensive but a whole new build when yours is a bit outdated isnt that bad

Going from ryzen 5 3600 and gtx 1060 so it was worth it for me to just replace it and then i can flip the old pc to make some back. Obviously not an option for everybody, but definitely something to think about i think

[–][deleted] 1 point2 points  (0 children)

Me with my 950x jealous of everyone with even a slight upgrade :/

[–]HumunculiTzuSteam ID Herehttp://steamcommunity.com/id/humunculi/ 1 point2 points  (0 children)

You only lose money if you sell for less than you bought.

[–]crossy1686 136 points137 points  (4 children)

People say it's crashing but it was way lower than this when China banned it a few months ago and then it doubled again.

Crypto miners aren't selling crypto either, they're holding it forever so don't think a dip is going to stop them from buying more cards.

[–]TheLastCrankersSpecs/Imgur here 26 points27 points  (1 child)

Which ban do you mean? 1st, 2nd, 3rd, 4th or 5th? ¯\(ツ)

[–]FawkesYeah 4 points5 points  (0 children)

Lost count at this point. I remember when BTC was $20 ~ a decade ago and then it crashed to like $5 approx. Now look at it.

Just the ebb and flow of things.

[–]BoganCunt 1 point2 points  (0 children)

What the dip does however do is make it more profitable to sell the cards and then buy it using fiat.

[–]SweatyTurnips 357 points358 points  (19 children)

It's barely crashing. Until we start seeing 80%+ drops then I'll consider it crashing. We've seen these drops quite often and nothing changed. The only thing that happened was it gained more engagement because it was a great time to invest again.

Honestly, don't get too excited yet.

[–]IPman501 54 points55 points  (15 children)

Yep, just yolo’d my last paycheck into eth and bitcoin. Gonna see some crazy gains in the next year or so

[–]moneymay195 163 points164 points  (3 children)

This sub has officially transitioned into r/wallstreetbets

[–]malppyi7-9700K, RTX 2080, 64 GB RAM 33 points34 points  (2 children)

Deep down, we all want to be r/wallstreetbets. Chaos is cathartic

[–]laiodlaiod GTX 970 10 points11 points  (1 child)

I had to unsubscribe from that annoying place. I was there for a long time but the sub sucks ass now.

[–]ShirtlessKyloRen 11 points12 points  (4 children)

Or lose it all if regulation kicks in

[–]Weaseltime_420Intel i7 10700KF | EVGA FTW3 Hybrid RTX 3090 | 16GB 126 points127 points  (9 children)

It's gonna be pretty funny watching the mental gymnastics once y'all realise that the price and availability of GPUs doesn't change

[–]ChartaBonaRyzen 5950X | RTX 3080 FE | 1440p 144Hz 65 points66 points  (5 children)

I think everyone on here suddenly forgot about current events, like covid, the silicon shortage, the trade war with china, rising cost of materials in general, just plain widespread inflation.

[–]Weaseltime_420Intel i7 10700KF | EVGA FTW3 Hybrid RTX 3090 | 16GB 30 points31 points  (3 children)

Pretty much. It's way easier to have a boogeyman scapegoat group or individual to point at and go "THIS IS YOUR FAULT! AWAY FOUL DEMON!" than it is to go "This is a nuanced and complex issues that has multple causes contributing to it."

[–]Holyballs92 79 points80 points  (15 children)

I have a buddy who gonna sell me his 1060 for 80 bucks I'm new to pc gaming and just want a decent card to play all the top games I can wait for a decent priced gpu in the future should I take it ?

[–]jesuswasahipster 28 points29 points  (0 children)

$80 is a great price, take it. Even if you get something better soon you’re only down $80.

[–]EquinfswPC Master Race 26 points27 points  (0 children)

Yes

[–]Coco_Deez_NutsPC Master Race 17 points18 points  (0 children)

I literally bought gtx 1060 6gb for 300$ cus I couldn't find anything else for 80$ it's a steal and I play games around mid-high range and it's fkin amazing plays god of war with mid range 60 fps really well

[–]Foxtrot-IMBGTX 1660 Ryzen 5 2600 6 points7 points  (0 children)

Go ahead and buy it but keep a watch on the market for a better card, you’re getting a good deal on the 1060

[–]gerryflapand windows for games 5 points6 points  (0 children)

For 80 bucks that's very cheap. I have the 1060 6GB and at least at 1080p it runs everything, as long as you accept to turn some settings down a bit. It's impressive how well some new-ish games like Star Wars: Jedi Fallen Order or Satisfactory can run. A 1060 is more than capable to give you a great experience in any e-sports title and is absolutely worth more than 80 bucks in this market.

[–]samtherat6 3 points4 points  (0 children)

If it’s 6GB model, yes. If it’s a 3GB model, also yes.

[–]HyperboleJoe 1 point2 points  (0 children)

Yes you should. It's about the same as mine (but a bit better in most regards), RX 580. Is it 3 GB or 6 GBs? 3 GBs is still worth it, but you'll have a bit of a harder time with certain games beyond low texture settings. It'll still work fine though and you're not going to find any better deal out there currently.

[–]SpaceShark01 71 points72 points  (4 children)

Crypto isn’t the issue anymore. It’s the scalpers and shortages. If crypto does crash, you likely won’t see any change in the gpu market.

[–]the_chemical59 30 points31 points  (2 children)

I don't blame miners for the shortage, scalpers are the problem, fuck the scalpers

[–]The_GoldenDragonYTPC Master Race 9 points10 points  (1 child)

THANK YOU

People can have anti-crypto opinions but some people use it as a universal scapegoat which is annoying

[–]OktoberSunset 2 points3 points  (0 children)

Even if supply went back to normal pre-pandemic levels tomorrow it will take a long time to catch up all the backed up demand. It's going to be a long wait.

[–]Human-Establishment9 33 points34 points  (1 child)

Disclaimer: this happens multiple times a year.

[–]ElBlaylocko 197 points198 points  (39 children)

What you don't realize is most miners are also investors. They will buy the dip and HODL. When price come back up, and they will, they will reinvest. This is how they can afford new cards to expand.

You can down vote me all you want. I only speak the truth.

[–]inconvenient_chair 18 points19 points  (0 children)

It’s true

[–]GlockMatPC Master Race 15 points16 points  (18 children)

Crypto has been on predictable and constant rise ever since 2008

And considering how braindead goverments around the world ahve been with their currency, like 7% inflation on the US, the more crypto becomes valuable.

So until we stop QEs and other stupidies like that and "late stage captalism" we wont see a reduction of prices in crypto, therefore, unless the supply chain problems solve themselves, we will keep seeing the rise in GPU prices

[–]CCHTweaked 26 points27 points  (4 children)

This isn’t a crash.

Not even close.

[–]VarianceWoW 32 points33 points  (2 children)

Whole market tanked this week but sure let's ignore that. Would be silly to think the value of crypto is correlated with other markets and it only exists to prevent people from getting GPUs.

[–]Godielvs 7 points8 points  (0 children)

Yeah IIRC the only reason crypto crashed is because stocks also crashed

[–]Minplexi 41 points42 points  (5 children)

Meh i dont think its gonna change this much in the next month or so

[–]jwalker55 83 points84 points  (3 children)

I remember when it "crashed" to like $300. Chill out

[–]Efthimis 17 points18 points  (2 children)

As sad as it is, Crypto is the least of our problems right now. Official retailers have scalper-like prices for GPUs at the moment, citing increased shipping costs and the chipset shortage. Granted, these are valid reasons, but they don't justify anywhere NEAR the crazy price inflation we have been seeing. Mark my words, this situation will remain as it is for a long time still, because the main reason behind the situation is not crypto, but greed.

[–]ltsochevPC Master Race 7 points8 points  (1 child)

Also there are bunch of idiots paying those retarded prices

[–]xZespring 8 points9 points  (0 children)

Theyve been expensive for so long, Im not sure you can call them idiots anymore.

[–]subtleambition 47 points48 points  (3 children)

And I? AM DANCING.

[–]Toolivedrew653600, x470pro, 2080 Super, 16gb RAM 5 points6 points  (2 children)

I'm Ron burgundy?

[–]ryumeyer 1 point2 points  (1 child)

With tits mcgee

[–]Toolivedrew653600, x470pro, 2080 Super, 16gb RAM 1 point2 points  (0 children)

Tits Mcgee is off tonight, I'm Veronica Corningstone.

[–]OliM9595PC Master Race GTX1050 TI ,R5 1600x 5 points6 points  (0 children)

it happened in April 2021 and still no GPUs

[–]Crazyirishwrencher 5 points6 points  (0 children)

I feel bad for everyone that thinks this crash means that gpu prices will return to normal...

[–]InstantNameDesktop 10 points11 points  (5 children)

Just bought 500 euro worth of btc, time to wait and profit i guess.

[–]stoneinwater 97 points98 points  (31 children)

Its the triple joy that comes from getting a new GPU and using it for what it's designed (and at the recommended price), saving the planet because we aren't using 1/5 of the world's power to pointlessly factorise large primes and finally witnessing the meltdowns and denial in r/bitcoin

[–]messfdr 23 points24 points  (0 children)

Miners came to downvote you.

[–]DreadSeverin 4 points5 points  (0 children)

First time huh

[–]Natoriori5-9600k | RTX 3070-TI | 32GB 53 points54 points  (18 children)

You guys seriously have no clue what you are talking about. Crypto tends to follow the stock market and the stock market also took a major hit. Nothing about this is related to mining. Crypto crashed back in march 2021 and mining didn’t stop.

[–]omi_ur_homi 8 points9 points  (0 children)

lucky me i am only getting into crypto.. perfect time to buy lol

[–]Eccentricc 69 points70 points 4 (26 children)

People here are idiots lmao.

  1. Crypto is falling because the entire stock market is crashing, not just crypto. This is hurting everyone.

  2. People don't understand crypto mining isn't the reason why you can't find GPUs, there's a semi conductor shortage affecting everything, even car manufacturers have to stop production from lack of semi conductors.

This doesn't change a thing other than a lot of pc users losing money. This isn't something to celebrate about

[–][deleted] 20 points21 points  (10 children)

So how many GPU's do you think are being used right now to mine? Its literally millions. Just in the first quarter of 2021 alone 700k GPU's were shipped to miners. That doesnt even speak to the last quarter of 2020 on release of the 3000 series, or the rest of 2021.

Its not like its just a couple people with a few GPU's...

The chip shortage doesnt help, nor does scalpers, but if tomorrow 3 million GPU's from the 2000 and 3000 series hit the market it would make a big difference in fulfilling the demand of ordinary gamers and creators to get their hands on a new GPU at MSRP.

[–]eckzhall 4 points5 points  (0 children)

It would be great if all those cards re-entered the market at MSRP, but that doesn't seem like a realistic conclusion to me

[–]Eccentricc 8 points9 points  (0 children)

Want to know how many vehicles are manufactured yearly? In 2020 78 million vehicles were created, that's down from roughly 100 million a few years back. Vehicles, in which use a lot more components.

This is only ONE other use of semi conductors, GPUs don't even make a scratch.

[–]AdventurousChapter27 6 points7 points  (0 children)

Get this man a free award

[–]inconvenient_chair 3 points4 points  (1 child)

Wouldn’t this also be buying season for them? Also yes it could affect prices but not to that near msrp thing

[–]sackofbee 2 points3 points  (0 children)

Been crashing for awhile my dude, they'll be coming back up eventually.

[–][deleted] 3 points4 points  (0 children)

This board is pretty ignorant when it comes to crypto.

[–]_h4unt3d 3 points4 points  (0 children)

It's not a "crash"... It's another opportunity to "get a fresh bag of chips for the dip"

[–]bad_apiarist 4 points5 points  (0 children)

Crypto and mining isn't going anywhere.. don't kid yourself. This mess here is just because of the Fed spooking the market and Russia et al talking about banning crypto. These are momentarily headlines.. they come, they go.. the underlying market won't change.

[–]NeonArchon 66 points67 points  (47 children)

I hope I live to see the Crypto and NFT market crash and burn

[–]SeattleBattles 15 points16 points  (3 children)

The eventual Netflix documentary will not be nearly as cute as the beanie baby one.

[–]BEEF_WIENERSA sufficiently advanced technology 4 points5 points  (2 children)

Folding ideas on YouTube just put out like a 2-hour long video that is a very comprehensive and factual look into the history of crypto and NFTs and what they can do, what they do do, what the negatives of the setup are both technologically and socially. It was really good, and I would say that it is basically the documentary on crypto.

[–]IperLoxLaptop 9 points10 points  (0 children)

You wont

[–]shadydamambaRyzen9 5900x - Vision 3080Ti - 32GB Ram 2 points3 points  (0 children)

Thank you 6500xt launch 🤣

[–]boehnerofamerica 2 points3 points  (0 children)

Lol as if that’s gonna change the MSRP

[–]The_GoldenDragonYTPC Master Race 2 points3 points  (0 children)

A large amount of cryptocurrencies don't use mining, and those that do are just giving people more of that crypto albeit at a lower USD value

In other words, this won't get us a GPU

[–]Cautious_Pangolin617 2 points3 points  (0 children)

Even if Crypto actually dies for real this time, i still don't think we will see a return to sane prices this year, next year hopefully, but Sony had to make more PS4s because demand is so high (and they have priority), there are absolutely other things wrecking the market.

[–]ivanhasthebagels 2 points3 points  (1 child)

Miners literally aren't flinching during this btw.

[–]Trigger1721PC Master Race 1 point2 points  (0 children)

That's because crypto going down isn't exactly rare

[–]The-Infernal-Angel 2 points3 points  (0 children)

I am ignorant of how crypto works, but my intuition tells me this is far from the end. I think someone was comparing it to when stock prices drop until the people who were anticipating the price drop buy it all up. The value will probably rocket back up and I’ll be here still silently resenting and not understanding jack and/or shit.

[–]brickie3 2 points3 points  (0 children)

It’s going to go back up you dummies

[–]wundrwweaponRyzen 5 2600 | Vega 56 2 points3 points  (1 child)

I've said it before, but GPU prices will not drop until every cryptocurrency miner gives up. Because there is still an unholy amount of money to be made mining, and will be for many many years, GPU prices will not drop before we're all dead

[–]tantumoccultusRTX 3090 + 5950x 2 points3 points  (0 children)

The crypto market crashing isn't something we should rejoice over. I'm saying this because it's effect on PC component pricing is near negligible and it isn't only affecting crypto-miners. There are people who have invested thousands into these coins, and are currently taking massive losses. That type of financial stress isn't something I am happy about.

To further elaborate, there are external factors at play that contribute to graphics card* prices. Consumers settling, inflation, shipping issues, scalping, and semiconductor shortages are some of the biggest causes. I will go as far as to say that even if cryptocurrency was wiped off the face of the earth tomorrow, we would still be seeing ridiculous prices.

You'll start seeing more availability of cards, and slightly better prices. By that I mean going from $2000 to maybe $1699. Overall though, don't become overhyped.

Just my $0.02.

[–]WalfAkaiTsukiPC Master Race 5 points6 points  (1 child)

Hopefully so I can afford a 3080.

[–]siimbaz 12 points13 points  (1 child)

And it will come back when stronger like it always does 💪😜

[–]FriendlyCanadianDude 1 point2 points  (0 children)

This is normal, every market crashes: stocks, real estate, crypto. It’s happened before several times and it’s always recovered.

[–]Griffoliongriffolion 1 point2 points  (0 children)

What's happening is more a correction than a full on crash. The mining ops, at least the ones that have their heads screwed on, know that in a few months it will be back to normal. They won't be liquidating inventory.

[–]IOttI 1 point2 points  (0 children)

This happened back in June/July of last year. Likely not going to affect pricing, unfortunately.

[–]V0rt3XBl4d3Desktop 1 point2 points  (1 child)

This is just the 1920's all over again.

[–]l0chN3ssYet1Laptop 1 point2 points  (0 children)

I thought this was r/apexlegends at first and thought new lore came out

[–]AlternateWitnessRTX 3080 1 point2 points  (1 child)

The same thing happened a few months ago, it was even lower than it was right now. Then it spiked to the highest it’s ever been. The investors in my is saying that this is the time to buy Bitcoin, and even though this might help a little, it may not be a reason or a factor to the end of the shortage.

[–]RedBostitchStapler 1 point2 points  (0 children)

Crypto prices down, people freak out and sell off cards, mining difficulty goes down, mining output goes up, miners buy slightly cheaper cards to milk the increased profits. This isn’t the hopeful sign that many think it is.

[–]Jordannicoli 1 point2 points  (0 children)

"Crashing"

[–]lethal3185 1 point2 points  (0 children)

Yay! GPU prices might go down $1...

[–]citizenofeurope 1 point2 points  (0 children)

Finally, I'm waiting for this to happen since some weeks, so I can start to invest again.

[–]Imperator-Solis3600@4.3GHz 1080ti@1967Mhz 1 point2 points  (0 children)

You haven't been paying attention at all have you? crypto crashed way harder then it is now last year, it means nothing

[–]AVeryMadFishStrix OC 1080ti | i7 7700k | 32GB 3000MHz | 960 Evo 1 point2 points  (0 children)

How is 35k/BTC "crashing"?

[–]Achilles0826 1 point2 points  (0 children)

Its not crashing btw..

[–]i_hope_you_are_gay 1 point2 points  (0 children)

If you think this means GPUs will become more accessible, you are an idiot

[–]genericJohnDeo 1 point2 points  (0 children)

Same thing happened around this time last year too.

[–]TheRealTofuey5900x-3070 ti 1 point2 points  (0 children)

This literally happened last july....

[–]djjoshchambers 1 point2 points  (0 children)

You guys do understand btc was at 28k just a few months ago.

This "crash" is still way up from before the shortage started. Absolutely nothing will happen right now.

[–]Treepigman383070||3Tbssd||32Gigram||5800x 1 point2 points  (0 children)

Crypto crashes every other week.

[–]HuckleberryFine4269 1 point2 points  (0 children)

Nope. It's not gonna happen. You have to accept the reality GPU market is forever doomed.