News RTX 3080 Graphics Cards Are Sold Out Minutes After Release

[folfy20]

Now I'm ready for all the HATE I will get for this!!!!!!!!!!

My personal opinion on all of this.

1. They can't make enough quality chips to cover demand so it was a very limited release.

2. The people that got some and put them on EBAY for a 50% price increase their absolutely nothing wrong with that although it did actually take stock from people that was actually going to buy one to use. For all you know they bought 3 are selling 2 for a 50% price increase to actually get their 3rd card for free that they are going to use. Not the best thing to do since it looks like a lot of people are hating on them for it but their in no way forcing you to buy it that is your decision.

3. The people that are biding the crazy 40K with absolutely no intention of paying that price on them should be made to pay it by EBAY that is to me a lot worse than the people selling the cards.

4. I don't see anybody crying foul on the PSU prices that have almost doubled because of the shortage. EDIT Supply and Demand just sux sometimes but it is a fact of life.

Argument for 3: The bots prevent all sides from completing transactions. The ebay scalper cannot profit, and real buyers like you avoid falling prey to temptation. It's not perfect, far from it, but I believe this is a legitimate stalemate at least until Nvidia gets their <Mod Edit> together and think about the consumer more.

 

[giminycricket]

I created an account to share this, as I saw this article today on a forum post. It seems legitimate, and it is exactly how everything is playing out now:

https://mooreslawisdead.com/post/nvidia-s-ultimate-play

TL;DR
Nvidia gave out better graphics cards to reviewers than what they will sell to the rest of us. They are artificially witholding stock to jack up the price so that when stock "does" come, we'll be so enthralled by the great reviews we'll still be okay buying it for more than MSRP.

If it's true, it's really quite sickening.

 

[Co BIY]

I'd rather see Nvidia suck up all the profit by selling Founders cards direct. Nohting wrong with high release prices and gradually settling down to the planned MSRP.

At least then the fat profit goes to those who created something others wanted and incentivizes creating another real winner.

I've heard though that the Scalper prices set a high percieved value in the market and create buzz that the company would otherwise have to pay for. If that's the case the counter high bidder robots are another aggravator rather than a help.

 

[GetSmart]

More pictures of the queue https://www.gdm.or.jp/crew/2020/0918/363214 and also the graphic cards 🇯🇵

 

[major_mayhem]

Scalper bots have predictably struck the RTX 3080 launch, with listings disappearing as soon as they went live, only to be replaced by marked up eBay listings.

RTX 3080 Graphics Cards Are Sold Out Minutes After Release : Read more

I think Nvidia and Newegg wanted this to create a constant purchasing frenzy. They really had nothing to Ioose they new the cards would sell out and people would be that much more desperate to aquire a GPU for a Gaming Build or an Upgrade.

posted this in the other thread about NVIDIA's Apology
Nvidia locked the release of the 3080 to 06:00 PT 9/17.

Amazon B&H Best Buy and the Nvidia store where all suppose to have 3080s available for sale at the release date and time.

I had all 4 websites open in my browser across all three of my monitors at 05:55. I refreshed right at 05:59 and 06:00. Nvidia sold out before I could even click BUY ... It literately flashed available and went to sold out before I could even click on the buy button. With Best Buy I couldn't bet my shopping cart into check out before the item went sold out. New egg was even worse as their site locked up and threw errors. B&H never put their cards on sale and their store site went completely unavailable and they were still down 2 hours later. Amazon never had any cards go on sale to the best of my knowledge however the 3080s went so fast if you blinked you would miss it.


Needless to say I came away empty handed, which has left me feeling a little miffed. I was even set up for email alerts at all 4 vendors ... I never got a single alert.

I get the impression that Nvidia Newegg and to a lesser degree Best Buy couldn't give half a lick about gamers (Best buy never did show gamers much love.) They put nothing in place to slow down let alone stop bots and scalpers. No Captcha No purchase limits nothing. Newegg even seamed like to be feeding the purchase frenzy. It was rather sad.

Sort of like waiting in line on black Friday just to get sandpaper sodomized before you can even get in the door.

We still have other 3080 cards coming out, We also have the 3090 and 3070 coming out possibly a 3080ti (More than likely a 3090 with half the memory for about 1 grand) and AMD has a new card "Big Navi" coming out soon as well. However this mornings panicked purchasing frenzy gives me the impression prices are going to end up in the $900 range for a 3080 real soon.

Again there were absolutely no purchase limits or Captchas which is major problem considering bots can move and shop a heck of a lot faster than a fleshy can.

This all reminds me of a question my son asked me ....
Son "Dad in Bayformers why didn't the Decepticons just buy Sam Witwicky's glasses off of ebay?"
Me "Captchas maybe?"

 

[GetSmart]

Buying bot make headlines https://www.pcmag.com/news/how-a-bo...x-3080-units-before-consumers-could-grab-them 🤖

 

[Phaaze88]

Buying bot make headlines https://www.pcmag.com/news/how-a-bo...x-3080-units-before-consumers-could-grab-them 🤖

This will serve to attract more people to do it, because they'll want some of that 'quick buck' pie too... it'll expand until it bursts, or dies down:
-the mining bubble when it burst; the people who jumped on early are still raking it in.
-the battle royale craze; almost all of the big publishers tried it, but only a few are really successful with it, namely the ones who were 'early'.
I suppose that goes for just about any market, really. Unfortunately, the pie(market) only has so many slices...

 

[folfy20]

See a scalper, scalp their heads.

 

[King_V]

4. I don't see anybody crying foul on the PSU prices that have almost doubled because of the shortage. EDIT Supply and Demand just sux sometimes but it is a fact of life.

Another thing have you tried to buy a PSU with the shortage in the US even the retailers are charging about double the price for a good one but nobody is trashing them for it.

Uh, where have YOU been?

Of COURSE people have been crying foul. That said, we're also aware that some of it is due to logistics/costs of shipping when the number of commercial flights plummeted, etc. and that while some the increases we have seen are because of shady sellers (which we have roundly excoriated, some of the cost increase is NOT actually due to sketchy practices.


Also, trying to justify scumbag behavior by pointing out (partial) scumbag behavior elsewhere and saying "well, that makes it okay" is really NOT a good look.

 

[King_V]

I see a strange juxtaposition in these two points.

Agreed.

Why are the speculators who are taking a gamble that people will/won't pay their overinflated prices acceptable, yet, when they try to sell on a risky site like eBay, you think the speculators should get extra protection from troll-bids?

eBay doesn't make EVERYONE pay who bids and then backs out, why should they make the troll-bidders pay? Why do the scalpers deserve extra protection above what normal, legitimate sellers get?

 

[King_V]

This will serve to attract more people to do it, because they'll want some of that 'quick buck' pie too... it'll expand until it bursts, or dies down:
-the mining bubble when it burst; the people who jumped on early are still raking it in.
-the battle royale craze; almost all of the big publishers tried it, but only a few are really successful with it, namely the ones who were 'early'.
I suppose that goes for just about any market, really. Unfortunately, the pie(market) only has so many slices...

Or . . the simple solution - make it unprofitable. Don't buy from 3rd party resellers. Maybe hold off for a while on the GPU purchase. I know, I know . . that's just CRAZY talk, right? 😆😵

 

[Zerk2012]

Agreed.

Why are the speculators who are taking a gamble that people will/won't pay their overinflated prices acceptable, yet, when they try to sell on a risky site like eBay, you think the speculators should get extra protection from troll-bids?

eBay doesn't make EVERYONE pay who bids and then backs out, why should they make the troll-bidders pay? Why do the scalpers deserve extra protection above what normal, legitimate sellers get?

Since everbody on EBAY is trying to make money let's just bid up everything and not buy.

EDIT again this is just my opinion and all will not agree with it. I would of liked to got one of the cards but it's not the end of the world and more will be released.

 

[Phaaze88]

Or . . the simple solution - make it unprofitable. Don't buy from 3rd party resellers. Maybe hold off for a while on the GPU purchase. I know, I know . . that's just CRAZY talk, right? 😆😵

I haven't bought from them since... heck if I can remember, it's been too long.

Gotta remember, King V, 'fear of missing out' is an unhealthy mindset that many people(sadly) out there seem to have...

 

[King_V]

I haven't bought from them since... heck if I can remember, it's been too long.

Gotta remember, King V, 'fear of missing out' is an unhealthy mindset that many people(sadly) out there seem to have...

True, and I fight that feeling myself (though, really when a sale pops up for a "great bang for the buck" deal rather than the "newest best of the best (until next month)" situation), but still...

Even though I got it at MSRP rather than the crypto-inflated prices at the time, I still wonder now and then in hindsight if buying the GTX 1080 was a bad idea back in early 2018. Even at MSRP.

 

[thekillerx10]

I was actually trying to look up something from my NewEgg order history this morning, and I kept getting "service unavailable" when clicking on products in my order to get details.

I guess maybe a rush on the RTX 3080 must've been behind that.

I still don't get the need to buy this on release day.


@hotaru.hino - +$4600? That's beyond insane! NOBODY is going to pay that. I would doubt people will pay +$1200, not to mention almost 4x that amount.

Well looks like you haven't seen the 42000$ gigabyte one that people are putting bids on

 

[Phaaze88]

Even though I got it at MSRP rather than the crypto-inflated prices at the time, I still wonder now and then in hindsight if buying the GTX 1080 was a bad idea back in early 2018. Even at MSRP.

When the 1080Ti launched, Nvidia dropped the MSRP on the 1080, but not everyone follwed suit... so did you get it at the old 600 or the newer 499USD?

Well looks like you haven't seen the 42000$ gigabyte one that people are putting bids on

Them's troll bids, mate.
Some people made bot bidding programs to spite the resellers using scalper bots.

"Yo, dawg! I heard you like bots..."
Bot-ception.


2020 has been a crap show throughout its entirety.

 

[King_V]

When the 1080Ti launched, Nvidia dropped the MSRP on the 1080, but not everyone follwed suit... so did you get it at the old 600 or the newer 499USD?

Oh, it was during the crypto-craze, well after the 1080Ti had come out. So, at Nvidia's site, it was $549.