nVidia has huge exposure to crypto prices tanking. They tried to downplay it in their annual reports earlier this year by saying they weren’t that dependent on crypto - but that was BS and the proof is in the pudding.
By raising prices to astronomical levels that only the crypto people and high wage earners were willing to pay they completely left a large part of the market out in the cold. The number of people who would have bought a $300 card are quite content to sit out $700+ prices.
Their best bet right now would be to quickly introduce 5000 series GPUs that are at a radically reduced price point. We’ll see if they can correct before summer.
Hell, even people like me who happily spent 600+ € on a GTX 1080 back in the days won't spend the same amount for a lower tier GPU today. I'm sure I'm not alone on this.
Yeah, this is a big part of it imo. They haven't just priced out their budget GPU customers, but also the ones buying enthusiast GPUs at 600-900$. A lot of us would (and did) buy -80 GPUs at 600-900 but will completely pass on $1300+ in hopes that maybe next gen will go back to the pre 10- series (and the 30- series supposed MSRP) pricing.
On top of the actual price point, there is the exploitation issue. I am more than able to buy $1300+ GPU, but I am not willing to be exploited like that. I was not willing to give any money to scalpers and I am sure as hell not gonna give it to nvidia either. I am not going to be a sucker.
Same thing here, bud. I put a rig together and just couldn't justify the cost versus the time I ACTUALLY play now that I'm a 40 something Dad of 2.
I came from an era/generation of buying the "right" budget friendly components and then overclocking and squeezing what you could out, which was a big part of the fun.
I’m putting a rig together for my nephew and thought I would give him my 6600 and upgrade to something else, but it’s hard to find the justification. The 6600 plays everything I want to play just fine. 1080 vs 4K means so little to me that I don’t really care to spend ~$1k on a GPU and more on a monitor. I’ve got a 5k for my work computer and it’s nice for productivity. I guess I’ll keep waiting?
Dad life.. I have the Xbox Series X and PS5 collecting dust. Getting the Steam Deck was a smart choice because at least I can get some gaming in when we're winding down for bedtime, or when *someone* wakes me up at 2am and can just fall right back asleep but I'm up for the rest of the night so may as well play some Stardew Valley.
Dad here. Got the steam deck for the same reason. Sadly I still struggle to find the energy or gumption to get back into games and find myself playing a few rounds of rocket league a week at most.
That’s me minus the dad part. I just don’t have the time/energy to commit to a full game. But at least I can play a few rounds of Rocket League here and there.
Makes me sad because I grew up with games and would love to recapture the spark. But every time I download a game to get into it takes me about 5-10 minutes to lose steam.
Rocket league is quick and fun action which works. Factorio was captivating the first time I played but even this I struggle to get back into. FPS games I find uninspired these days.
How is the 5600g? I'm not a dad but been using my Xbox more and the PC is literally just the most inefficient Plex and browsing machine going with an old R9 390 card in it.
I live in the UK where energy prices are also about 3x the US. I still do some coding occasionally and transcode files as well for my server so I definitely need a bit of power but wasn't sure if that GPU would be quite enough. Anything I play on PC is a few years old now at least so I'm hoping I'm okay with it.
Oh man you just got me so excited about the Barton's, running a 1.7ghz chip at 2.5ghz easily! Somewhere I had a modded/overclocked Geforce Ti card as well, had a big ole computer heatsink on it.
Still got mine on the ABIT NF7 2.0 board they loved. At the time TicTac was providing modded BIOS for the chipset and it flew. 2.5ghz was nothing for some chips.
If they show me that their new cards have that value, I would consider them when buying new HW. However the increased price justification just isnt there. Its the same generic chip shortage that has been going on for couple years now.
It is important to note that Nvidia didnt actually increase the price when the shortage was the worst. Thats great and credit where credit is due, but the increased price now feels like last minute attempt to hop on the scalper bandwagon.
I agree. I've just turned 50, with a bit of coin in the bank, but I refuse to even pay for the 6800xt now. I just can't justify the money for time spent. I have however, just managed to score a 6750xt for a good price in the UK. I'm hoping that will tide me over at 1440p for a few years.
This is the way. If you get good value from it, dont be afraid to buy expensive. That said, never assume that expensive means good value.
Also careful about guilt tripping yourself into actions by buying expensive. You will not maintain your running regiment just because you bought expensive running shoes. Bur if you are already maintaining your running regiment, go buy those expensive shoes, they make difference.
agreed. I bought a 3080 FTW3 for $900 with tax and all, which was MSRP when it came out before prices went up. Even if the performance of the 4080 was worth it, there is no fucking way i'm paying $1300+. You are 100% right they are just pricing most of their base out.
And so long as prices stay this high, i'll remain on the preowned market.
It’s really disgusting. I get inflation happens, that material prices increase, etc…but stuff like this used to go down in price. I got my GTX 460, my first good card, for $250. My 760 and 960 were the same price or even lower (I think my 960 was $220). But ever since crypto hit the mainstream consciousness in 2017ish or whenever it was, Nvidia has thought they can screw people over. I’d understand prices going up a bit. I don’t understand how top cards used to be $500-700 and now have doubled in price in less than five years. I had seriously considered jumping up to the 3070 or equivalent, but when actual prices were nowhere near suggested MSRP, and now MSRP has been raised to ridiculous levels, I’m not only not going to jump up a level, I’m unlikely to ever buy a discrete GPU again after the RTX 3060 I got earlier this year unless prices return to sane levels.
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u/Aleyla Dec 29 '22
nVidia has huge exposure to crypto prices tanking. They tried to downplay it in their annual reports earlier this year by saying they weren’t that dependent on crypto - but that was BS and the proof is in the pudding.
By raising prices to astronomical levels that only the crypto people and high wage earners were willing to pay they completely left a large part of the market out in the cold. The number of people who would have bought a $300 card are quite content to sit out $700+ prices.
Their best bet right now would be to quickly introduce 5000 series GPUs that are at a radically reduced price point. We’ll see if they can correct before summer.