Bad time to buy GPU?

Dcully

Intel Core i5 8400 CPU (Hexa Core, 2.8GHz - 4.0GHz, 9MB Cache)
Cooler Master Hyper 103
Corsair Vengeance® LPX 16GB (2x8GB) DDR4 DRAM 2666MHz C16 Memory Kit - Black
ASUS GeForce® GTX 1070 Ti Turbo 8GB
Asus Prime Z370-P (Socket-1151 Coffee lake, 4x DDR4, ATX)
Microsoft Windows 10 Home 64-bit EN (OEM)
Storage HDD / SSHD 1x Seagate BarraCuda 1TB 3.5" SATA III HDD
SSD 1x Samsung 250GB 850 Evo SSD
Addon Wireless PCI Express Adapter NWP300Ev4
Case 1x Corsair Carbide SPEC-04 Black/Red Tempered glass (No Optical, ATX)
AeroCool® Integrator 500W — 500 Watt 80 PLUS® Bronze PSU (OEM)

Im looking at this build myself.
€1442 built with 5 Year Standard Warranty from Dino PC

ShadowHearth

Cuddlesworth wrote: »

Its ridiculous, RAM pricing too, and its the main reason I'm not bothering to upgrade right now.

Here is a nice challenge. Beat this Dell build.

Thats a
ATX case,
Power supply 460 watts,
Ryzen 5 1400
8gbs of 2400mhz Ram
250gig SSD
1Tb 3.5 inch disk
AMD RX580 8gig
Keyboard and Mouse
Window 10 OS

All pre-built, tested and delivered to your door in 2 weeks with a 1 year collect and return Warranty. For 1005 Euros.

Even if you came close on price, you would struggle to actually have the graphics card shipped this quarter.

If you went back 2 years to a decade, you would struggle to show any real value in a dell gaming desktop outside of a self build. Right now, I would just tell them to buy the dell.

At this point laptops look like even better deals. You can get 1050ti and 1060 laptops for around 1.1k eu. Freaking ridiculous.

I kind of drifted off pc gaming lately and just got xbox one x and switch. Its just handier and easier for me to find some time to play in bed while misses sleeps. So I am out of loop with pc part ptices until I sow that video. Now xbox one x looks like a damn bargain compared to building pc.

BloodBath

ED E wrote: »

Its already rallied to almost 12k, just a blip on the radar.

HODL!

HODL!

These rallies are normal in a crashing over valued market. I'm no expert but bitcoin is following historical trends.

It rallied and now it's down even lower. It will go down even more.

.G.

Its defo following a trend alright, the last 3 or 4 January's have been exactly like this one before massive strides were made in the rest of the year. The charts were posted in the crypto forum. Far too early to say the bubble has burst.

BloodBath

Maybe. It's all speculation really. Won't be the first or last time someone says the bubble has burst.

Blitz17

Seen a guy just get his hands on 10 Vega 64s and 5 rx580. Brings total to 66 580s. Crazy!

wotzgoingon

Blitz17 wrote: »

Seen a guy just get his hands on 10 Vega 64s and 5 rx580. Brings total to 66 580s. Crazy!

What. How many years minus electricity bills will it take before he starts making money on the investment.

challengemaster

probably a week or so

wotzgoingon

challengemaster wrote: »

probably a week or so

Is it that profitable. I never looked into it but read a article once and they mentioned after a year or so for profit.

Calibos

I recently read that its possible to make $100 a month mining with your gaming PC with a GTX1080. Is that true or does it only apply to places with dirt cheap electricity?

ie. Can any decent money be made in Ireland with Irish Electricity prices?

Blitz17

wotzgoingon wrote: »

What. How many years minus electricity bills will it take before he starts making money on the investment.

Apparently his electricity is around 500 quid a week, with 2500 profit.

I haven't a clue about mining so can't say how true that is.

Slutmonkey57b

Interesting challenge. I could skim maybe 40-50 quid off this by going ATX instead of itx, but even so. Worse CPU, worse GPU, no windows license... Matching the GPU (if you could get it) would add £220 or so.

Item|Price
Silverstone Sugo SG06BB-Lite USB 3.0 SFF mini-ITX 120mm Silent Fan All Black Case w/o PSU (SFX)|£44.99
8GB (2x4GB) Corsair DDR4 Vengeance LPX Black, PC4-24000 (3000), Non-ECC Unbuffered, CAS 15-17-17-35, XMP 2.0, 1.35V|£105.20
Palit GeForce GTX 1050 Ti StormX 4GB GDDR5 Graphics Card, 768 Core, 1290MHz GPU, 1392MHz Boost|£158.99
Gigabyte AB350N-Gaming WIFI, AMD B350, S AM4, DDR4, SATA3, M.2 (PCIe/SATA), Realtek GbE, ac WiFi, USB 3.1 G2 A, Mini-ITX|£101.48
AMD Ryzen™ 3 1200, S AM4, Quad Core, 4 Thread, 3.1GHz, 3.4GHz Turbo, 8MB Cache, 65W, CPU, Retail, +Wraith Stealth Cooler|£89.48
500W SilverStone SX500-G, Full Modular, 80PLUS Gold, SLI/CrossFire, Single Rail, 41.7A, 92mm Fan, SFX PSU|£89.99
LG 3D Blu-ray 3D x6 Disc Playback, DVD±RW (±R DL) / DVD-RAM with M-DISC Support Slim 9.5mm for Laptops OEM|£38.99
250GB Crucial MX500, 2.5" SSD, SATA III - 6Gb/s, SM2258, 3D TLC NAND, Read 560MB/s, Write 510MB/s, 95k/90k IOPS, Retail|£71.48
Shipping|£10.49
Total|£713.20

TerrorFirmer

**** sake, we've got to the stage where a GTX1050Ti is now heading towards €200 as well. At this point I'd be automatically telling people to just buy new.

grindle

Calibos wrote: »

ie. Can any decent money be made in Ireland with Irish Electricity prices?

You'd have the card paid for in 6-9 months. Maybe less if an undervalued coin pops up, you mine that and wait for it's value to rise. You'd have to be very confident in the coin's rise, it's a much bigger risk than the usual mine->convert ASAP but it can be much more lucrative..

ED E

BloodBath wrote: »

These rallies are normal in a crashing over valued market. I'm no expert but bitcoin is following historical trends.

It rallied and now it's down even lower. It will go down even more.

Nibs05

Looking at prebuilt myself at the moment and this isn’t to bad of a deal.

Dell.ie

wotzgoingon

I know prices are gone up but I reckon you could build yourself cheaper than that. The most expensive parts will be RAM and GPU.

You don't know the motherboard that will be in that and then single channel RAM. You could buy a NVMe SSD yourself rather than that PCIe SSD they have included.

K.O.Kiki

Nibs05 wrote: »

Looking at prebuilt myself at the moment and this isn’t to bad of a deal.

Dell.ie

https://www.dinopc.com/mayhem-x2
"Only" a GTX 1080 but it's €2250.

Or PCSpecialist:
https://www.pcspecialist.co.uk/saved-configurations/intel-z370-pc/Y2vyHrAsA6/

€2430 for same spec as Dell.

ED E

wotzgoingon wrote: »

I know prices are gone up but I reckon you could build yourself cheaper than that. The most expensive parts will be RAM and GPU.

You don't know the motherboard that will be in that and then single channel RAM. You could buy a NVMe SSD yourself rather than that PCIe SSD they have included.

Missing the mark there Woz.

NVME is a protocol, PCIe is an interface. That PCIe SSD likely is NVME.

wotzgoingon

ED E wrote: »

Missing the mark there Woz.

NVME is a protocol, PCIe is an interface. That PCIe SSD likely is NVME.

It doesn't have to be though. And I'd say if it was they would tell you. It can be a standard PCIe SSD.

Slutmonkey57b

TerrorFirmer wrote: »

**** sake, we've got to the stage where a GTX1050Ti is now heading towards €200 as well. At this point I'd be automatically telling people to just buy new.

Yep. From a gaming perspective, I can't see any reason to build a pc when you can get an Xbox s for the same price as the only "gaming" component of a pc.

Maybe, maybe, ryzen will save low/mid range gaming on pc, if you can get 560-D figures from a €150 apu.

http://m.hexus.net/tech/news/cpu/114830-amd-raven-ridge-apu-packaging-photos-benchmarks-leak/

BloodBath

ED E wrote: »

Looks like I was right though. It's a full on crash that it's not going to recover from. There has been nothing like this before. Since December it's down 13k. That's about 65%+

There have been minor slumps before but nothing like this. Anyone holding at this stage hoping for a recovery is delusional but hey if you've come this far watching it drop 65% without selling then you've got the balls to go more.

Dcully

I do hope you are correct.

Cuddlesworth

Dcully wrote: »

I do hope you are correct.

We all do, as we all regret not hopping on these pyramid schemes years ago.

grindle

BloodBath wrote: »

Looks like I was right though. It's a full on crash that it's not going to recover from. There has been nothing like this before. Since December it's down 13k. That's about 65%+

There have been minor slumps before but nothing like this. Anyone holding at this stage hoping for a recovery is delusional but hey if you've come this far watching it drop 65% without selling then you've got the balls to go more.

BTC itself has gone through 80%+ dips, not sure why you'd think this is a first.
If you think cryptos in general are going down forever and never going to recover you're speaking from ignorance - look up the Ethereum Enterprise Alliance, take note of the fact that the EU has (just yesterday) set up a blockchain observatory and forum for technical development and practical use cases in partnership with ConsenSys.
There was an explosion of new buyers in the past year, much more money flowing in, many more scams & more profit-taking, but it's all been roughly proportional to previous peaks and dips.

Cuddlesworth wrote: »

We all do, as we all regret not hopping on these pyramid schemes years ago.

You don't know what a pyramid scheme is. Common affliction on boards.ie, but the definition is just a Google away and you'll fare better if you can recognise them, especially in crypto where there were and are some prime examples like BitConnect.

BloodBath

I know right. I wonder how many millionaires it's made.

Also Grindle there is a big difference between losing 65% on €100 value early in the lifecycle and losing €12k on a 20k value this far in. Maybe it will recover after it bottoms out but where is the bottom and where is the true value.

Maybe it get's back to 20k this year or higher or maybe it levels off around 10k. There is no doubt it was over valued. It jumped 19k last year alone. That was the height of media attention. It can't continue that snowballing growth.

grindle

BloodBath wrote: »

Also Grindle there is a big difference between losing 65% on €100 value early in the lifecycle and losing €12k on a 20k value this far in. Maybe it will recover after it bottoms out but where is the bottom and where is the true value.

Maybe it get's back to 20k this year or higher or maybe it levels off around 10k. There is no doubt it was over valued. It jumped 19k last year alone. That was the height of media attention. It can't continue that snowballing growth.

You're focusing only on BTC - I agree it's hilariously overvalued.
To be honest, until it gets past it's technical challenges (which it likely won't) it shouldn't recover.
Having the largest brand is unfortunately a big pull. McDonald's don't make the best food, Budweiser is not the best beer and BTC is a long way from being the most innovative crypto nowadays but they have the brand.
Anyway, almost every crypto is massively overvalued. People are laying their bets on future value, that's the nature of speculation.
The error is in thinking that either Bitcoin or some other can't hit those valuations or much higher (and deservedly) in future.
It will depend on actual utility in the end.

ED E

Im hoping it recovers, otherwise I'll have to forget the Model 3.

Cuddlesworth

grindle wrote: »

You don't know what a pyramid scheme is.

I do. Its where everybody puts their money into a "product", expecting a unreasonable rate of return, which relies on increasing amounts of investment from increasing amounts of people. Those who get in first make their money on the vast majority that get in last.

I'm aware of what bitcoin and crytpo currencys were meant to be, but what they have developed into is a pyramid scheme at this point. And all the coins "value" has been linked to bitcoin. It keeps dropping, the rest will too.

And its value at this point is only inherent to what people are willing to pay for it. You can't buy anything with bitcoin, you can't produce, market and sell legitimate goods with only bitcoin, as its market has become too volatile.

The black market that fuelled in the beginning it has migrated to other cyrpto's. The wannacrypt creator won't touch that wallet with a 10 foot pole.

grindle wrote: »

Common affliction on boards.ie, but the definition is just a Google away and you'll fare better if you can recognise them, especially in crypto where there were and are some prime examples like BitConnect.

Google - A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.

So to ask you a question, what is the primary driver at the moment behind people putting money into crypto currency and telling others to do so? Is it the promise of a greater return when the value goes up.......

grindle

Cuddlesworth wrote: »

Google - A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.

So to ask you a question, what is the primary driver at the moment behind people putting money into crypto currency and telling others to do so? Is it the promise of a greater return when the value goes up.......

Nobody except a scammer promises anybody anything except what they sign up for - space on the chain which is either most secure and/or has the most utility to them as an end-user.
If they decide to use it as a pseudo-pyramid scheme that's another thing, it's up to the user to speculate but they should know at this stage that the price can drop a lot in a day so it's a very inefficient pyramid scheme.

Most are putting money into it expecting the value to magically rise forever like the pack of apes who thought the Celtic Tiger would never die, others just want their money to be their own and to use it or transfer it however they want.

No argument that the whole space is overvalued at all. Most projects are valued far past their utility. Some are valued fairly considering the near-future possibilities. Very few are currently undervalued, but when you remove the accredited investor limits usually imposed upon people this market is what happens. People speculate. Investment barriers are exactly that.
APPL would be well past a trillion market cap by now if anybody worldwide could invest in them, for better or worse.