Good luck. I expect it to be worth about as much as Pogs or beanie baby’s long term, but hope springs eternal.No,we are buying more into the dip. BTC is going to go much higher then 60k long term.
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Good luck. I expect it to be worth about as much as Pogs or beanie baby’s long term, but hope springs eternal.No,we are buying more into the dip. BTC is going to go much higher then 60k long term.
My wife and I converted our 401k and Stocks into Crypto,and mostly Bitcoin years ago. Its been wildly successful.
I did that. I've been on my GT 1030 since August because of itI won't be selling my 30 series before I have a new GPU in hand like I did with 20 to 30 series.
Here's an article saying 18 week delay for chips
https://www.bloomberg.com/news/arti...etch-further-deepening-shortage?sref=OuEBXo2C
I can’t speak towards the legitimacy of the article, but I can confirm my pricing on GPU’s has returned to an almost MSRP place. The prices I’m getting are about $100 higher than they should be, but that’s a far cry better than before.
Thats a little different than my upgrade path. 980ti---> 1080ti---> 2080tiTaco hanging onto her 960 until she cn get 4060...or 5060. Maybe even longer,, because upgrade path previous was 460--->960.
Hehehe, loser.
sorry mate luv ya ♡ muah
Taco hanging onto her 960 until she cn get 4060...or 5060. Maybe even longer,, because upgrade path previous was 460--->960.
Those were the days. When you could go to a store and buy what you wanted, when you wanted, or two! Ahhh, sweet memories and when the world made sense.I bet after the market is flooded with used and abused mining GPUs, Taco will be rocking a RTX 3090 and have a spare RTX 3090 sitting in the closet as a backup.
Diversification is for the ignorant. Some rich guy, maybe.So bitcoin is 100% of the both of yours total investment/holdings, no other diversification?
just another "global chip shortage explained" videos
Price will not crash. They didn't the last time the bubble poped. Especially if demand still sky high.I bet after the market is flooded with used and abused mining GPUs, Taco will be rocking a RTX 3090 and have a spare RTX 3090 sitting in the closet as a backup.
yea, I've always been one to be late to the partyIt's cool and all but still from April. lol
Of course the worst is behind us. I purchased one recently so prices will drop and availability will skyrocket
That's what I'm thinking too, that eventually the demand will be met even though it's taking a long time. A lot of the people willing to pay the current prices already have a card. So if the supply eventually reaches a point where there's more cards than people willing to pay the current prices, then they'll fall. Most of the big mining operations have their cards, as well as the gamers who don't mind paying to have the best. Eventually the only people left who want one but don't have one will be the ones who were turned off by these prices, right?Demand is falling away from "Sky High"
In EU, prices are crashing because scalper businesses are undercutting themselves as the stock has been sitting there for weeks.
Same will happen here. May take until late '21.
When stuff can stay in stock, prices will start crashing, and MSRP will be adjusted later on.
Price will not crash. They didn't the last time the bubble poped. Especially if demand still sky high.
Yep same here. Least my backup was a decent R9 Fury, but sadly it has been abandoned and really shows its age now.I did that. I've been on my GT 1030 since August because of it
Yep same here. Least my backup was a decent R9 Fury, but sadly it has been abandoned and really shows its age now.
I also sold it to a friend for $450 when I could have sold it for $800-something when I checked a few months ago. Just to dig that knife deeper
Sounds like you did the right thing since this was a friend?
Yep, I sold my Sapphire Nitro+ Vega 64 for $350 before RDNA2 released as I expected to pick one up shortly after release. Little did I know it would be 6+ months and not a chance in hell you can snag one at or near MSRP.I also sold it to a friend for $450 when I could have sold it for $800-something when I checked a few months ago. Just to dig that knife deeper
As long as some people keep thinking in absolutes and immediates like a "crypto craze" or a "bubble popping" or a "cheap flood of GPU's", they'll continue to be mystified and confused when reality isn't meeting expectations. Because zooming out and taking a more hollistic view of the data - both the retail side and the supply side, the reality is more gradual, more of a rolling wave. Comparisons to 3-4 years ago and the crypto mining surge of the time is also flawed, because it isn't factoring the global demand for compute unrelated to crypto mining being far higher now, plus a supply chain and component shortage, plus a huge covid crunch that backloaded demand.
The bright side is GPU prices *are* trending toward equilibrium with MSRP, simply as a function of more GPU's rolling off assembly lines and released into circulation every day. However it's very slow.
Phenomena like the exchange rate of BTC/ETH experiencing a sudden dip, followed by unresearched miners panic-selling GPU's on ebay causing a short burst of lower average selling prices for a little while, can skew perception about prices. Because the reality is the supply side isn't really improving, and the panic sellers will burn off and average resale price rises again. The other problem is that AIB partners and retailers won't be backing down from their MSRP's and selling prices now that it's krept up. "Scalpers" and "scalper prices" have been great cover for them to slowly raise everything in the background.
Prices are fast to rise, but slow to fall, and I don't think we'll ever see a return to $700 flagship GPU's with the momentum that the past six months have created.
I can't understand the mentality of selling your only GPU in anticipation of upcoming yet to be released models. Are these PC users just very young and have never experienced a hardware failure or stock outtage before?
So bitcoin is 100% of the both of yours total investment/holdings, no other diversification?
Bitcoin is about 70% of it,ETH 25% and a few other alt coins.
I may switch some of my IRA into an IRA that allows crypto investing. Short-term cap gains from any trades no problem. Also am thinking of a crypto interest-bearing acct..Nexo, etc. You know anything about those? Soon, I'm selling my rental house and will have 300--400k after taxes to invest!No,we are buying more into the dip. BTC is going to go much higher then 60k long term.
invest in the poor ... your ride might be nearing it's destination soon and you sure can't take it with youI may switch some of my IRA into an IRA that allows crypto investing. Short-term cap gains from any trades no problem. Also am thinking of a crypto interest-bearing acct..Nexo, etc. You know anything about those? Soon, I'm selling my rental house and will have 300--400k after taxes to invest!
Things are still awful, and all you have to do to see that is try buying a 3070 ti FE from ANYWHERE. Outside of reviewer samples, they simply do not exist. You can theorize all you want as to why, entertain all the conspiracy theories or not, and that fact remains. This indicates it is not scalpers nor miners (especially since its a lhr part.) This is either indicative of continued chip shortage problems, or it is indicative of nvidia having massive problems / playing games. Either of these two are very bad for gamers, without having our usual scapegoats to blame.