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I think a big reason crypto exploded is tied into prices of graphics cards. Anyone else think so? Miners use them to generate coins, and there was a huge shortage of them. The cards released in 2020 were mining monsters, it makes sense that miners scooped them up. The limited supply left for consumers drove up prices 200-300% above MSRP. The graphics card price inflation nearly mirrored crypto.

Now the cards are coming back down in price because in part, China shutting down miners. Now there's a huge used card supply, and sales have hit a dead end. This drives the price of cards down, along with the fact next Gen cards are half a year away. Prices have to come back down to earth and lo and behold crypto follows right along.

Also curious that Blackrock and Vanguard have controlling shares in both AMD and Nvidia. Shows that they heavily manipulate the markets.

I think a big reason crypto exploded is tied into prices of graphics cards. Anyone else think so? Miners use them to generate coins, and there was a huge shortage of them. The cards released in 2020 were mining monsters, it makes sense that miners scooped them up. The limited supply left for consumers drove up prices 200-300% above MSRP. The graphics card price inflation nearly mirrored crypto. Now the cards are coming back down in price because in part, China shutting down miners. Now there's a huge used card supply, and sales have hit a dead end. This drives the price of cards down, along with the fact next Gen cards are half a year away. Prices have to come back down to earth and lo and behold crypto follows right along. Also curious that Blackrock and Vanguard have controlling shares in both AMD and Nvidia. Shows that they heavily manipulate the markets.

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[–] • 0 pt

Dude Nvidia and AMD don't make cards, companies like GB or Asus or MSI make them. There wasn't any shortage, the used market has proved that. It's artificial scarcity.

[–] • 0 pt

What do you mean by artificial scarcity?

[–] • 0 pt

Same way diamonds are scarce, you honestly think there is a real shortage of chips? Chips that have been designed and manufactured a year or so ago? You ever wonder why Moore's law is so accurate? It's because R&D is way ahead of the consumer market, and they can time stepwise improvements at will. Shortages don't just happen, they're planned in advance because that's how tech goes. You look at roadmaps these companies make, they're like 3-5 years in advance, that means the tech is already there, and the partners are already manufacturing the PCBs.

It's just that us plebs have to wait 3-5 years for stuff that's already obsolete, meanwhile they milk that stone by making mid cycle refreshes. After the chip makers have cleared out all the inferior stock and all they have is binned wafers, they add a 50 or ti suffix to it and call it brand new, perfectly timed with Moore's law.

[–] • -1 pt

The used market proves the opposite of what you're saying.

[–] • 0 pt (edited )

Sounds like you're just saying stuff.

https://d30xqvs6b65d10.cloudfront.net/wp-content/uploads/2022/02/AMD-nVidia-Retail-Price-Trend-2021-2022-v3.jpg

Would be nice if you had something to back up your hearsay. This graph shows that crypto prices trend with graphics card prices and availability. Meaning the availability was there all along, since most of the supply is coming from miners and the used market.