Yeah, yeah yeah.... remove scalpers who wrecked havoc on the market, and there would be no shortage. So, I call this BS.41% of people responded that global supply constraints for components was the main driver, while a further 32% placed the most blame on cryptocurrency mining
I doubt the likes of Visa, Paypal, Microstrategy or Square invest in Ponzi Schemes, or have a financial stake in keeping mining alive."Crypto-currency" is a Ponzi scheme, but I believe vcard developers have a financial stake is keeping it alive.
Every 4 years or so, the crypto market crashes and the second hand market is flooded with cards. Nothing new.If the "mining" industry were to collapse, card prices would plummet (natch.) Great for consumers. Not so great for vcard developers.
Which is why I was always against any sort of limiter. You should be able to do what you wish with your hardware.Even when they've "pretended" to build-in bitcoin mining limitations into the hardware, someone always manages to "leak" a driver that circumvents those limitations.
Ah. The typical "governments should outlaw what I don't like" argument.Card production pricing and "mining" are in direct conflict with one another, and it should be illegal for card producers to profit off the fad/scam, but until "Crypto-currency" is outlawed globally, this problem isn't going away.
Crypto will never die.Not in 2022. Not ever.
I doubt the likes of Visa, Paypal, Microstrategy or Square invest in Ponzi Schemes, or have a financial stake in keeping mining alive.
Why? Why wouldn't digital money companies support a legal scam?I doubt the likes of Visa, Paypal, Microstrategy or Square invest in Ponzi Schemes, or have a financial stake in keeping mining alive.
Why you keep singling out the 6600XT in this current crazy market is beyond me, especially when the 3060 is the far worse value option. Did you guys really get suckered by the official msrp vs actual street prices ?
It's all of those things, depending which crypto we're talking about But you're right;I'm not saying crypto is a Ponzi scheme or not, but where there is money to be made the greedy will be found.
Maybe crypto is some kind of long term scam?
Maybe it's a breakthrough method for currency?
Maybe it's something else that's really cool or really crummy.
Regardless, as soon as some people smell a quick way to make a buck, they'll go out of their way to piss on people around them to get rich.
No lie detected. Bitcoin did its thing before the likes of Musk came around though. All markets are pretty much always under manipulation.Tax returns = scammers claiming to be IRS
Natural disaster (hurricane Katrina) - folks scammed the government for relief funds
Covid checks = people finding ways to steal them and scam others out of checks
Bitcoin = folks with sway (Musk) can manipulate things up and down to benefit their end goal; which is making more money
Greedy fukers will be greedy fukers.
This is an empty statement. Nothing in the world has value if it can't be exchanged for something else."Crypto-currency" has no value if it can't be exchanged for another currency.
Not really. Let's quote Investopedia;And the only way to profit off it is to find a bigger sucker willing to pay you more for your Bitcoins than you paid yourself.
THAT is the very definition of a Ponzi scheme.
I never said "something else". I said "currency". Presently, you can't buy *anything* with crypto except more crypto. Even Musk hedged on buying Tesla's with it to goose the market.>"Crypto-currency" has no value if it can't be exchanged for another currency.
This is an empty statement. Nothing in the world has value if it can't be exchanged for something else.
I see 6 "checks" there. #1 Investors think it's risk-free (despite volatility as they are told it keeps going up.) That covers #2 as well. You concede #3. On #4, I've yet to read ANYTHING that understandably explains how "mining" works (and the explanations I *have* read sound quite ridiculous.) #5, the entire point of crypto is its secrecy. No "paperwork". #6 brings me back to my original statement of how it's only value is when converted to another currency/dollars. If the entire crypto market were to tank, how do you recover your "investment"? If you compare this to investing in "Stock", then you prove my point of it not being "currency".Not really. Let's quote Investopedia;
Regardless of the technology used in the Ponzi scheme, most share similar characteristics:
- 1) A guaranteed promise of high returns with little risk
- 2) A consistent flow of returns regardless of market conditions
- 3) Investments that have not been registered with the Securities and Exchange Commission (SEC)
- 4) Investment strategies that are secret or described as too complex to explain
- 5) Clients not allowed to view official paperwork for their investment
- 6) Clients facing difficulties removing their moneyA Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors.www.investopedia.com
Number 1 is obviously false, because everyone knows Bitcoin is risky
Number 2 is obviously false, because there is no constant flow of returns. The market determines the returns, which is why people regularly lose money inn it
Number 3 is true, BUT, Bitcoin in particular is not a security, and doesn't need to be registered as such.
Number 4 is false.
Number 5 is obviously false, since the Bitcoin ledger is open for everyone to take a look at
Number 6 is also false, since you have complete agency over your Bitcoin, unless you yourself chose to delegate it to a third party like an exchange.
How convenient you deleted the proof so we cant verify what you claim.....Simple, seems that they have realized that the nvidia drones are driving hence they must adapt the current mantra “nvidia...good.....AMD.....bad”
Want to see how sad this is?
As a test, I posted a photo of my new 6900xt at PCMR in reddit and received zero upvote and one downvote.
Deleted the post and then posted a photo of my old gtx970 and said I just got this and boom! 1K likes in less than 1 hour.
Or how all these youtubers always arrange their desks, benches, etc to always display a nvidia card or box.
Honestly, if I didnt knew better, I would say all videos have some nvidia money behind it.
A fool and their money are soon parted, and as it turns out the majority of people are damn fools who will dump money on a temporary pleasure.It's mad soo many people are buying GPU's at scalper prices. I think that's what shocked me the most.
You can use bitcoin to buy things. For example, you can use bitcoin to buy software from MS, hardware from newegg, or a car from BMW.Why? Why wouldn't digital money companies support a legal scam?
I don't like Ponzi schemes, so Yes,"Governments should outlaw" things "I don't like". "Crypto-currency" has no value if it can't be exchanged for another currency. And the only way to profit off it is to find a bigger sucker willing to pay you more for your Bitcoins than you paid yourself.
THAT is the very definition of a Ponzi scheme.
Sadly, that trend started with nvidia rt20 series.My worry now is that even when the unusual factors recede, these much higher price tiers will be here to stay. Whether intentional or not, consumers have now demonstrated that a great many of them are willing to pay $1000+ for full-strength cards, and in the high hundreds for mid-range. These prices will be targeted from the get-go on the next go-round. (Although I believe the performance targeted will also be high - consumers have also previously signaled they're more than happy to sit out a generation when the gain isn't worth it.)
Yes.How convenient you deleted the proof so we cant verify what you claim.....
Could it be, just a hint, that the AMD market is just a lot smaller? Perhaps AMD's irregular history in terms of GPU, driver, and price quality has led to a smaller contingent of fans then the consistent Nvidia has?
Or could it be that PCMR just doesnt like rich bois bragging about the scalped GPU they just bought, but do like the scrappy purchases that appears to have gotten a good deal on a decent GPU?