question on prices of gpu after a crypto crash

mrfredo18

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Jan 10, 2018
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currently gpu are super high because of minors the question i ask is if bitcoin crashes or mining becomes unprofitable in a major way after minors sell their gpu to to others will gpu reach a price lower than what they are usually sold for so if a card is sold for 900 before minors can we expect it to sell for less 900 after or will prices just return to 900

i hope people get what am saying
 
Solution
While no one can foretell what will happen. Based on supply and demand. Prices should go well below MSRP for a while. The market would be flooded with used GPU. Who'd pay MSRP for a new GPU. If the same model less than a year old is going for less than half. Sure some still would but retailers would end up getting stuck with a big surplus. As would everyone else in the supply chain. Even lower end GPU would have to go down. Who'd buy a new GTX 1030 if they could get a like new GTX 1060 6GB for about the same price?

I'd also expect nVidia and AMD share prices and profits to take a hit. Right now they can't manufacture GPU fast enough. Suddenly they'd have a surplus sitting around. They might have to sell them below cost to clear...
While no one can foretell what will happen. Based on supply and demand. Prices should go well below MSRP for a while. The market would be flooded with used GPU. Who'd pay MSRP for a new GPU. If the same model less than a year old is going for less than half. Sure some still would but retailers would end up getting stuck with a big surplus. As would everyone else in the supply chain. Even lower end GPU would have to go down. Who'd buy a new GTX 1030 if they could get a like new GTX 1060 6GB for about the same price?

I'd also expect nVidia and AMD share prices and profits to take a hit. Right now they can't manufacture GPU fast enough. Suddenly they'd have a surplus sitting around. They might have to sell them below cost to clear out the inventory.

I'd imagine the same would hold true for PSU. The market would be flooded with 1200+W Tier 1 PSU. All PSU prices would have to go down.

The question is how many GPU are being used exclusively for mining right now? ie Multi-GPU mining rigs way beyond some gamer just paying off an SLI/Crossfire setup. How far would prices go if say 25,000 were posted at auction on eBay per day.
 
Solution


so would it be super rare to see a gtx 1080 ti after a crash for like 600 or 500 ? instead of msrp
 


I think it would depend entirely on how bad the crash was, how many are in the wild being used exclusively for mining and how desperate people are to sell them. It isn't just some guy with six or ten GPU. There are GPU farms with thousands of GPU filling up a warehouse.

If we are talking about Bitcoins completely crashing. To where you can get them for a penny. There'd probably be a huge panic sale. For a short while at least. You'd probably be picking up GTX 1080 Ti for under $100. Then prices would start to go back up pretty quick. Although I doubt they'd ever even reach MSRP again. They'd be replaced by new models before the GPU market recovered from a huge crash and resulting surplus like that.

I'd imagine Rx 470, 480, 570 and 580 would be worthless for a while. I think most of the people buying these cards in bulk are thinking the same thing. If Bitcoins crash. I'll just sell my cards. So, I won't lose much money. Which won't work if everybody has the same plan.

Of course while this is all fun to think about. What are the odds of a major crash soon? Probably not too high. Major investors are buying into it. Drug traffickers need a way to easily send money back or they and their families will be murdered. There is a finite supply of bitcoins. NYSE and other major stock markets want to start trading bitcoins.