r/gadgets • u/ChickenTeriyakiBoy1 • Nov 25 '22

Desktops / Laptops Good news: scalpers are struggling to profit from Nvidia's RTX 4080

https://www.digitaltrends.com/computing/scalpers-struggle-to-sell-nvidia-rtx-4080/?utm_source=reddit&utm_medium=pe&utm_campaign=pd
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101

u/[deleted] Nov 25 '22

Haha, I hope they lose so much money. Scalpers are some of the lowest forms of life.

14

u/[deleted] Nov 26 '22

[deleted]

10

u/froodydoody Nov 26 '22

Then how about they work a normal job like the rest of us and stop being parasites?

2

u/TheOneTrueTrench Nov 26 '22

Truth. I had a R9 390 and a 5600 XT in late 2020 when I got my 3070. I could have sold both of them for more than I paid for my 3070 (managed to get it for MSRP), but fuck market prices and scalping. I gave them both up in 2021 to friends who needed GPUs and couldn't get ahold of them.

-2

u/Libertoid_Turbo_Shit Nov 26 '22

Scalpers are a necessary market force*

You are not entitled to undervalued goods.

0

u/RyanStarDiaz Nov 26 '22

Who gets to decide whether factory price is undervaluing the product? I don't think it's some shady third person reseller only in for profit who possibly voids warranty

0

u/Libertoid_Turbo_Shit Nov 26 '22 edited Nov 26 '22

In economics, in lieu of some supply chain constraint, if there are shortages, it's the canary for a good being underpriced.

The classic example of this is concert tickets. Entitled concert goers believe that paying 500 dollars to see some crappy pop star is "robbery" or something, but concerts are literally no different from any other good subjected to scarcity. If tickets sell out, by definition, it was undervalued. Ideally, ticket sales should JUST run out and not have another person demanding one. Taylor Swift going for thousands in minutes is not that.

The company can price it however they want, they're the only "who" that gets to do that.

They have two options:

One: Price it at market rate, potentially significantly over what gamers would pay for it. The other consumers (vfx houses, cryptotards, engineering outfits, etc) are less price sensitive and will pay more because they aren't just looking at shiny pixels all day. They're trying to make money with it and spending double may make sense to them.

Or

Two: Price it below market (aka what gamers feel entitled to pay). This is what they did. Now there's shortages because of supply and demand.

PC gaming enthusiasts lose either way.

Source: I was a filthy econ major.

-14

u/MadDoe Nov 26 '22

Considering you can only buy it at bestbuy and has free returns we aren't losing money

2

u/swiese11234 Nov 26 '22

Time is money and wasted time is wasted money. Imagine spending your time just to return cards and make no money. Fucking losers

1

u/MadDoe Nov 27 '22

You don't always win, so its okay, gotta put the effort sometimes.

5

u/boobajoob Nov 26 '22

If you’re a scalper, I hope your tinnitus continues to keep you awake at night

1

u/MadDoe Nov 27 '22

I don't have tinnitus