why did amd gpu price rise so much??????

[prathameshCr7]

a month or 2 before i saw msi rx 480 and 580 8gb edition priced at 250-270 dollors and now they are priced at 400+ dollors 

what is going onnnnnnn

is it a glicth

is it every goin to come down or i should buy gtx 1060 ???????

[Connor Price]

AMD cards are very good for ethereum mining, which has gone up in price a lot. People are buying the polaris line of cards for stupid amounts of money as most of them are out of stock and they want a good mining card. 

[RadiatingLight]

People are buying all of them because there's a cryptocurrency craze right now, and AMD 400/500 series are perfect, since they're cheap, very powerful, and AMD GPUs are better at altcoin mining.

 

So cryptocurrency miners are buying them by the dozens, and now there's none left for consumers.

 

if you can find a 1060 6GB at a similar or cheaper price than a 480/580, take it.

[Tiwaz]

it will be over within the next weeks for sure

[manikyath]

because some retailers love using a shortage to hike up their prices.

[NannerBeans]

2 minutes ago, manikyath said:

because some retailers love using a shortage to hike up their prices.

Wouldn't you though? At normal prices their profit margin is probably 5-10%, maybe even less than that. But suddenly people are willing to pay double for the card and their profit margin jumps tenfold to 50%. It's easy to say those retailers are scummy for moving up the price but that's how a free market works. If demand goes up, price goes up. 

[manikyath]

Just now, NannerBeans said:

Would you though? At normal prices their profit margin is probably 5-10%, maybe even less than that. But suddenly people are willing to pay double for the card and their profit margin jumps tenfold to 50%. It's easy to say those retailers are scummy for moving up the price but that's how a free market works. If demand goes up, price goes up. 

the retailer i go to keeps that to a minimum, they instead profit off of being able to shift a metric shit ton of them on preorder.

[NannerBeans]

2 minutes ago, manikyath said:

the retailer i go to keeps that to a minimum, they instead profit off of being able to shift a metric shit ton of them on preorder.

But that's their choice. If they're able to profit using the different method than they are welcome to. 

[manikyath]

Just now, NannerBeans said:

But that's their choice. If they're able to profit using the different method than they are welcome to. 

it's IMO the less douchebaggy way of doing things. and seeing how little retailers here use the price hike method, i feel like there's other benefits as well.

[NannerBeans]

1 minute ago, manikyath said:

it's IMO the less douchebaggy way of doing things. and seeing how little retailers here use the price hike method, i feel like there's other benefits as well.

I'm pretty sure the profit is higher when raising the price. No matter how many pre-orders you get, you can only sell what stock you can get. 

[manikyath]

Just now, NannerBeans said:

I'm pretty sure the profit is higher when raising the price. No matter how many pre-orders you get, you can only sell what stock you can get. 

but profit is shallow compared to winning long term customers, which is what they try to attract. their profit on computer parts is low, but if they can win over some loyal customers those may also buy other things with higher margins.

[NannerBeans]

1 minute ago, manikyath said:

but profit is shallow compared to winning long term customers, which is what they try to attract. their profit on computer parts is low, but if they can win over some loyal customers those may also buy other things with higher margins.

The number of customers that build multiple PCs is very small. Having loyal customers in this industry is less important than others. 

[manikyath]

51 minutes ago, NannerBeans said:

The number of customers that build multiple PCs is very small. Having loyal customers in this industry is less important than others. 

not if those customers may also be interested in other products you sell with higher margin, for example shavers, kitchen appliances (even small ones like a scale), 3D printers, and even barbecues.

[IKnight]

1 hour ago, prathameshCr7 said:

a month or 2 before i saw msi rx 480 and 580 8gb edition priced at 250-270 dollors and now they are priced at 400+ dollors 

what is going onnnnnnn

is it a glicth

is it every goin to come down or i should buy gtx 1060 ???????

As people have mentioned, supply and demand (noticed how RAM prices have risen during 2017? yeah that's that supply and demand thing). 

Naturally, prices will come down assuming the demand drops and that AMD continues to supply them at the same or faster rate. 

[maartendc]

1 hour ago, NannerBeans said:

Wouldn't you though? At normal prices their profit margin is probably 5-10%, maybe even less than that. But suddenly people are willing to pay double for the card and their profit margin jumps tenfold to 50%. It's easy to say those retailers are scummy for moving up the price but that's how a free market works. If demand goes up, price goes up. 

The "retailers" we are talking about here are usually just Ebay or Amazon Marketplace or Newegg Marketplace scalpers. They are not real retailers, just some guys who buy up cards and then sell them at a profit. The fact that they operate through "real" retailers like Amazon or Newegg makes it seem like Amazon or Newegg is selling them at that price, but if you look closely, it is usually a third party seller.

 

In my experience, the proper retail outlets don't engage in such significant price hikes. They are just out of stock at regular price, until they come in stock at regular price.

 

Don't encourage these scalpers, and don't buy this stuff at those insane prices. The same happens with Nintendo products (NES Classic, Nintendo Switch), concert tickets, etc. etc. scalpers are just looking to make a quick buck without effort. It is despicable.

[Nena Trinity]

If prices are high forget it even tough I think RX 580 is far better!

[NannerBeans]

3 hours ago, maartendc said:

The "retailers" we are talking about here are usually just Ebay or Amazon Marketplace or Newegg Marketplace scalpers. They are not real retailers, just some guys who buy up cards and then sell them at a profit. The fact that they operate through "real" retailers like Amazon or Newegg makes it seem like Amazon or Newegg is selling them at that price, but if you look closely, it is usually a third party seller.

 

In my experience, the proper retail outlets don't engage in such significant price hikes. They are just out of stock at regular price, until they come in stock at regular price.

 

Don't encourage these scalpers, and don't buy this stuff at those insane prices. The same happens with Nintendo products (NES Classic, Nintendo Switch), concert tickets, etc. etc. scalpers are just looking to make a quick buck without effort. It is despicable.

Lmao. You have no idea what you're talking about. 

[NicholasNicholasNicholas]

6 hours ago, manikyath said:

not if those customers may also be interested in other products you sell with higher margin, for example shavers, kitchen appliances (even small ones like a scale), 3D printers, and even barbecues.

is lets say gigabyte gonna be fucking making any of the things that you stated above?

[ivan134]

Supply and demand. High demand + low supply = high prices

[maartendc]

3 hours ago, NannerBeans said:

Lmao. You have no idea what you're talking about. 

Arent you a delightful person to have a nice discussion with. Take your attitude elsewhere.

[Ithanul]

Yep, ETH is taking off at the moment.  Probably going to keep going to.  Right now I kicking myself for not nabbing those three RX580s I saw at Best Buy a few days back.  Was toying with nabbing one or two for tinkering or for MilkyWay Project crunching.

[Phate.exe]

13 hours ago, Connor Price said:

People are buying the polaris line of cards for stupid amounts of money as most of them are out of stock and they want a good mining card. 

I just sold an RX 470 Red Devil 4gb for $330 USD on ebay.  Listed it saturday at like 1am, set a 3 day auction with a $225 reserve (semi-arbitrary amount to make it worth my effort), and marked it for free shipping to the US.

 

I bought this card for $160 after rebate in November, and it's been great ever since.  I sold it for $330, as used.  I used $300 of that money to buy a used air cooled Fury Nitro to run in my 1600X build until Vega benchmarks come out.  After $15-ish to ship the card out, and $10 in ebay fees, I'm still coming out ahead.  The 470 is one of the best purchases I've ever made.

[manikyath]

7 hours ago, Nickathom said:

is lets say gigabyte gonna be fucking making any of the things that you stated above?

i think you missed my point...

[Connor Price]

3 hours ago, Phate.exe said:

I just sold an RX 470 Red Devil 4gb for $330 USD on ebay.  Listed it saturday at like 1am, set a 3 day auction with a $225 reserve (semi-arbitrary amount to make it worth my effort), and marked it for free shipping to the US.

 

I bought this card for $160 after rebate in November, and it's been great ever since.  I sold it for $330, as used.  I used $300 of that money to buy a used air cooled Fury Nitro to run in my 1600X build until Vega benchmarks come out.  After $15-ish to ship the card out, and $10 in ebay fees, I'm still coming out ahead.  The 470 is one of the best purchases I've ever made.

Nice one. Very tempted to sell my Gaming X 480. Prices aren't quite as high in the UK as they are in the US which is putting me off a little. 

[Big Head Tech]

9 hours ago, Phate.exe said:

I just sold an RX 470 Red Devil 4gb for $330 USD on ebay.  Listed it saturday at like 1am, set a 3 day auction with a $225 reserve (semi-arbitrary amount to make it worth my effort), and marked it for free shipping to the US.

 

I bought this card for $160 after rebate in November, and it's been great ever since.  I sold it for $330, as used.  I used $300 of that money to buy a used air cooled Fury Nitro to run in my 1600X build until Vega benchmarks come out.  After $15-ish to ship the card out, and $10 in ebay fees, I'm still coming out ahead.  The 470 is one of the best purchases I've ever made.

Bought my 580 for $230 power color brand and sold it for $330.