News UK Parliament Members to Propose Bill to Ban Scalping

[spongiemaster]

This is making me believe that people who buy those aren't going to use them. They believe the video cards are some sort of asset that grows in value.

More likely people who think cryptocurrency prices will continue to skyrocket and they'll still be able to turn a profit at these inflated prices.

 

[anonymousdude]

Putting a sign on the side of the road telling people how fast they can drive isn't going stop people from speeding, most people that do speed, won't get caught, and so long as you are only slightly over, the police won't care. That doesn't mean you don't make the law and put the signs up, because they will still have an effect. There have reportedly been 50,000 Ampere cards sold on Ebay and StockX alone, since release. Anti-scalping laws wouldn't make that number zero, but it sure would lower it.

Speeding has a clear cut metric (speed) on which they can issue you a ticket. It's not as if you can claim that you adhere to a different meaning of "speed" in court. Product classifications are inherently a little fuzzy. There's no neat way to class these products without some kind of loophole and easy ones to exploit at that. Restrict those loopholes too and all you get is some ridiculous listing like "Get a free GPU with purchase of a t shirt" or something like that.
Would a law spook some scalpers? Probably, but all it would effectively do is shift product to some other scalper.

 

[hucker]

Tax the markup at 200%.

No and no. Too much tax already, and you pay what it's worth. If you don't want to pay double do without. Those that want it fast will pay more, who cares? Looks like the manufacturer could have put the price higher at release.

 

[hucker]

This is making me believe that people who buy those aren't going to use them. They believe the video cards are some sort of asset that grows in value.

If they do, then why not make a profit out of it. If there are morons willing to pay overpriced amounts just because it's the latest one 10% faster than the second latest one, let them do so.