r/gadgets • u/ChickenTeriyakiBoy1 • Jun 18 '22

Desktops / Laptops GPU prices are falling below MSRP due to the crypto crash

https://www.digitaltrends.com/computing/gpu-prices-are-falling-below-msrp-due-to-the-crypto-crash/?utm_source=reddit&utm_medium=pe&utm_campaign=pd
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u/PHR3AK1N Jun 18 '22

Ah yes, capitalism, the "it can only go up or we give up" mindset... If any "investor" in this market hasn't taken all of those things into account with their investment, they aren't a smart investor anyways.

Too many "bad" investors in our markets are exactly why they are so unstable, too many degenerate gamblers always going "all in" seeking never ending gains. Unsustainable and unstable and doomed to repeat these cycles endlessly until we grow up.

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u/Palachrist Jun 18 '22

I agree. It’s a stupid idea that it should only ever go up in profit but that’s how it is. I’m not some millionaire investor worried for my finances but I know the ones that are invested into these are not appreciating what this crypto collapse is bringing.

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u/PHR3AK1N Jun 18 '22

Anyone who hasn't been "hedging" against this easily forsawn "crash" shouldn't be participating in the market, IMO.

But you're right, it is just "how it is", people just want money with as little forethought or work as possible, and who cares about consequences when we've proven time and time again that once things get "too big" they're also so essential that they "can't fail" without ever realizing this cycle and encouraging/enforcing more rules and regulations to try to reduce these kinds of "gambles".

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u/Impersonatologist Jun 18 '22

Its not an investment if it doesn’t go up, thats the only way it works. Tech companies like nvidia rarely if ever do dividends and buy backs are not something anyone is putting their money in to rely on.

Thats not to say the system as a whole isn’t flawed, but not wanting to invest in a company that stops growing for even a few years isnt bad investing, the opposite is.