"On sale! (normally $1899) ends Monday November 1st!"
You know the drill - overpriced but cheaper than everywhere else.
This is the top tier Powercolor model.
PowerColor Radeon RX 6800 XT Red Devil OC 16GB RDNA 2 Graphics Card $1699 + Delivery @ PC Case Gear
860
alwaystooslow on 29/10/2021 - 18:02 pccasegear.com (2183 clicks)
Last edited 29/10/2021 - 18:27 by 2 other users
Last edited 29/10/2021 - 18:27 by 2 other users
Related Stores
closed Comments
- 1
- 2
:)
I think it will be bit slower than that, Eth profitability dictates everything. I reckon not much improvement till March :(This is top tier for minecraft now!!! Will buy 3 or 4.
No it isn't. AMD's OpenGL performance sucks compared to nvidia's. Even with sodium/lithium/phosphor, nvidia gets better FPS in Minecraft.
any reason to your prediction? Genuinely interested in the reasons behind your predictions as I've been holding out since 3080's were announced last year.
With ban on cryptos and very strict rules the Chinese large miners have started to sell their high end GPUs as price of crypto is expected to return to normal levels soon. Ethereum is also close to POS.
PS. Price of energy continues to soar. The Chinese government is very serious about using energy during winter to keep people warm and businesses running. That means even more restrictions on mining. Possibly total ban.
@[Deactivated]: But aren't GPU manufacturers slowing down production of GPUs to keep the price up? Read that somewhere
@seethroughthong: The way economics and capitalism works is you make as much profit as you can when you have the opportunity. Capitalism is prone to overproduction not under production. With such exorbitant prices the inclination would be to keep pumping out supplies. But if they know there is going to be a flood of GPUs from the second hand market, that would destroy profits and crash the market, so reducing production in those circumstances is a defensive strategy to protect profits and the brand.
@[Deactivated]: They can make the S/H market inconsequential by simply developing faster more efficient cards . A silver lining perhaps .
Chinese government just announced a few days ago they are considering un-banning mining
ETH mining will remain until at least until Q1 next year
Every man and his dog on crypto twitter is expecting 20K ETH so go figure
@abctoz: ETH's market cap is $560b right now. ETH at $20k would mean it would be worth $2 trillion just behind Microsoft and Apple. Every man and his dog is dreamin' very big. It would mean many more men and their dogs, cats, guinea pigs, rabbits and more would have to lose their minds and join in. Ethereum is valuable and has a place but it's not worth $560b at this stage of development and uptake. Nevermind $2trillion. The most unsophisticated investors (if you can call them that) have joined the crypto craze.
@[Deactivated]: and how much did the US print this year
i'm not saying it'll get there just echoing the sentiment, the market won't top until everybody feels insane levels of FOMO
when something hits 1 trillion market cap, and holds you might want to pay attention
@abctoz: Insanity: "extreme foolishness or irrationality."
I am responding to you because for some reason I feel I should respond to your argument about fiat. This argument has been used by those that hold bags of Bitcoin for a decade now. But it's very wrong. Especially regarding btc. Here is why:
Scarcity is not the only effective means of creating value. And scarcity on its own is of no value if that scarcity is not translated to a tangible benefit. Fiat used to be attached to gold so the price of gold and your gold holdings reflected on the value of the currency. But they realised that doesn't work well. Today, fiat is representative of the total economic activity of a nation. So fiat is backed by the economic activity of the government, private sector, assets like minerals, investments etc. People look at that activity and then decide the level of demand for that currency. What is the activity or tangible assets that represent the value of btc? There is none and what's more it uses enormous amounts of energy. And it's no store of value like gold. A store of value is something you can turn to in times of chaos. For example if there was a world war right now what can you get for a btc? Gold would have a tangible immediate value. Btc would be of no worth to anyone.
Ethereum is different to btc because it has market activity associated with it so the supply and demand would be measured once that activity picks up. But it's too early to value that so highly when nothing of substantial benefit is associated with it.
Those who are sophisticated know this and will create that domino effect of defensive sell thresholds to be activated when the situation is ripe for the taking. Binance experimented with that a few weeks ago when the price of btc plunged to 10k then back up. That is a signal.
@[Deactivated]: agree on scarcity, but scarcity is not the innovation - the ability to store value and move it across the internet is the the real innovation, they are calling it the 'trust net'.
the wick on binance US is indeed spooky, it has occurred in other exchanges in the past, might have to go visit 8k at some point
a lot of early investors/large holders are hedge fund managers that are now pumping the market, it doesn't necessarily mean crypto is doomed to fail, maybe they just got it right and this tech will be used in the future, in the mean time it goes without saying that you should manage your risk
As of now…Eth will be profitable and minable till June, at which point whole thing might return to normal.
*might
Reality is that many miners will start to sell their cards after March and stores wont be able to sell anything for inflated prices.
I'm loving your predicted reality. Sounds like heaven. Lol
Where have you read that the final ETH 2.0 won't be live until June?
@booboo: Official eth site. Has been listed recently as beacon chain test net upgrade in March and main net upgrade in June. Quick glance shows now they say q1/q2 on the site. https://ethereum.org/en/eth2/merge/
BTC crashes by year-end after a super rally at thanksgiving. Looking at the 2017 trend…likely a repeat of the same event
I agree with you buddy.
One of the reasons prices have gone up is that as the Chinese expats left countries like Australia they hid their money from their government. Prior to the pandemic prices crashed heavily. But when the pandemic was announced in early 2020 prices started to rise faster and faster as the Chinese government crack down on the wealthy got more intense. That has continued by the Chinese Government throughout 2020 and 2021. As the world economy opens those people will return to overseas destinations and the price of crypto will drop as they start to enter other markets again. Plus the stimulus across the globe had ended as inflation now becomes a concern.
@[Deactivated]: This is all well and good if you don't factor in any organisation newly entering the market let alone every second Joe Blow you know at work who's seemingly and suddenly talking about how well their new crypto capital is going every day.
@Unotifoso: yup, that's when I got out of 2017 bull after my hairdresser told me that he sold his house to buy into BTC after his mate already made 1mil…..poor sod. The instos are most certainly in already and they are not any different than the whales that are holding large parcels that have been accumulating the dip month ago…. all part of the wyckoff theory. The sign will always be there when the end is near too. Once the whales dumps, lots of margins be called in again! I only fear this time it doesn't bring down those crypto exchanges with them, still need to cash out :D
I see it moving more like the NASDAQ after the tech wreck in 2001. The 2000 highs were the market trying to price in the potential of the sector. After the crash the potential started to be realised with mass adoption. When Bitcoin is mass adopted it will blow away fiat as legacy currency is inflated away by central banks.
Judging from history, this cycle is very much like the 2013 bull run, not the 2017 one. With all the instituational support, etfs coming out and more traction in the general public than ever before, the bull run will likely continue into 2022. GPU prices will likely get better when eth moves to staking and when manufactuers gradually meet demands. However, it will not be the end for mining as promising coins like ergo and ravencoin exist and they are proof of work.
@sTein0: likely yes, only time will tell. But if BTC crash….alt and shitcoin go with it too, making mining not profitable as well.
Yea mate, I found his reason. Reached into my own gluteus maximus and found plenty of reason for that prediction as well.
Monkey's Paw:
Wish Granted. All MSRPs double by the end of the year.
You are on. Let's come back here December 30. :)
Wish I could say it's a joke made to be contrary, but new years will reveal a winner.
Hope it's you and not me haha.
Most likely team red and green.
Wishful thinking I reckon. Probably not til later next year.
The tech fast guys said nvidia is reducing supplies in November compared to October in another post
I highly doubt that for several reasons. Firstly, artificially restricting supplies to increase prices is against the competition and consumer laws. If a competitor got a wind of it they would report it to hurt nvidia. Secondly, why would nvidia reduce supplies just as Intel starts to enter the market with their GPU? Techfast is invested in the market to make a profit. They would never tell you to not buy and wait.
Nvidia can do that though because they e stated they've met the production quota for the year. No need to churn out more units.
artificially restricting supplies to increase prices is against the competition and consumer laws. If a competitor got a wind of it they would report it to hurt nvidia.
This might have happened already. Whether the claims have any substance is another question though.
@snep: This is where competition is great. Nvidia are being coy. They are preparing for this:
https://www.techadvisor.com/news/pc-components/intel-arc-gpu…
There's going to be a flood of new cards to win the current generation before Intel takes market share.
@[Deactivated]: They are probably preparing for it given the chip shortage. But as I said, January is probably too soon if you're thinking closer to msrp levels. There's still a global chip shortage, so even the competition won't have a normal supply of cards.
If you want cheap cards over the next few months, your best bet is probably ex mining cards as eth moves to pos. But who would want this?
@Xcell: You may well be right mate. I'm basing it on some of the assumptions I've outlined above but it's by no means guaranteed.
My prediction is ETH rallies to 20K aud by Jan 2022 and miners realize that they can make profit with every card even 3080s at 5k and buy up everything :D
then comes the crash in march and everything is cheap af
as soon as crypto goes bust the GPU prices will start to fall..
honestly, this is a pretty good price
I'm sorta verging away from the HODL groupthink, I think people that want a card should pick an arbitrary pricepoint and come to terms with how much they're paying for what they're looking to get.
Example: Someone wanting a 3060ti/6600xt could tell themselves: As soon as a decent f… sucker drops below $860/800 they'll take one and not think about it. Considering how easy it is to access BNPL there's not that much barrier to entry.. err, accessibility.
If you're not subscribed to PCCG PLE Techfast etc and you're short a GPU, I wouldn't complain when things fly completely off the shelves while they're hmming and haaaing over whether or not the prices will fall over the summer holidays.. when everyone opens their wallets for the above scenario, because holidays.
Exactly, I keep telling my friends you only live that many years for gaming, and what are those years worth to you? I would definitely pay that extra few hundred dollars and enjoy my time gaming rather than checking GPU prices twice a day for many months. We're also extremely lucky to live in Australia where you make those few hundred dollars in a matter of days even on minimum wage.
this is true, but the difference between the bottom and the top of the market can be huge
I posted this last year and nobody was interested lol:
https://www.ozbargain.com.au/node/514997this item is selling at 5x now on aliexpress
my advice is to buy something cheap and lower your settings
HODL is a valid strategy but it can get really rough waiting out the market
I think so as well. Overall, paid 2.5k for a 3080ti FTW3 but got 1750 for my FHR 3070 so……kinda worked out? lol
fantastic model. surprised this is the one on sale. i guess powercolor just doesn't have the name recognition of the bigger OEMs.
$1299 and I'll bite
Still waiting.
You'll be waiting 5 years and on the second hand market.
Supply is up.
Only reason prices are still high is because people are paying those prices.
yes market correction coming soon or later…..this is a really good sign. This is proof that when there is an oversupply price will come down. So stop FOMO and HODL into Q1 2022! If we are wrong then you can still pay this rip off-price late for one all the same lmao
Exactly.
No good games out there worth splurging $2000 on a gpu for anyway.
All the good games can be played on a 1060 / 1070 etc.
KEK you hodlers crack me up
Good find. Bit of a ? Preorder but it's straight from Amazon with free shipping.
Remember to get your discounted giftcards off shopback or wherever it is you're already entrenched, and make it <700 delivered.
It was in stock when I posted this message. Now showing 2-5 weeks.
Looks like our fellow ozbs were on the ball then.
@Synticulous: Available at a number of retailers including centrecom for slight higher price of $749.
@DarkLegion: You right mate. My bad. Pccasegear has a few in the $800s and 3060ti starting from $1100.
Yeah prices are definitely coming down - 3060Tis around 1k now
The price is coming down. Will be a very big drop in price this Black Friday sale. The graphic cards will even be cheaper by Jan next year.
That's some serious Hopium. Graphic cards never come down during Black Friday sales historically, and I don't see why they would be this year as this has been the worst year for the GPU market.
Nice try PCCG. Still way overpriced. Not touching these things till under $1300.
What is the MSRP for this model ? Wouldn’t it better to get 6900XT for near 2k than getting this?
Just for reference sake. This card has been sitting on $1899 for a month or two before this $200 drop. I pulled the trigger on the red devil RX6700XT @ $1199 around a month ago from these guys.
I sold my Asus ROG Strix RX5700 (non XT) on ebay 2 weeks ago for $1150 before postage (postage $50, registered, express, signature req, insured for $1000) which was around 18 months old and originally cost $599. Lost $150 on the Ebay commission.
I'm happy with the performance increase of the 6700XT to tide me over till prices are better.
Probably just a large shipment arriving. Wait till it clears then prices will be back and possibly higher again.
Hodlers getting blue balls while miners already paid off their cards.
Yep a large shipment of the Red Dragon 6800XT, you can see it's on pre-order. So they are worried about having too much stock.
Well if you don't need ray tracing and game at 1440p get on it
Well this really sucks. I purchased this card from pccg on the 18th after seeing the post on there. They posted it on the 20th and it still hasn't arrived. According to the Australia post tracking app, it's still sitting in Dandenong VIC (destination QLD).
Does anyone know if pccg will refund me the difference? This is the first time I've purchase from pccg….
Exact same thing with me, I've sent them a message.
You should have HODL…
In good faith they should, but PCCG have been known to be *****, so good luck with that.
Just return it and buy this
I might have to do that (post it back) if I can't get a price protection claim from my commonwealth diamond card. I was gonna calm them, but realised that that are closed on weekends
Does anyone know if you can claim creditcard price protection if ubused your credit card through PayPal?
From my experiences, pc retailers can be arsecrushers (and not in the good way) - so I wouldn't count on it.
They emailed me to say sorry but no refund
Same with me. Kinda sad…
I paid $1899 10 days ago. Received it less than a week ago., Do you think I am happy?
It sucks that they can actually afford to sell it on special at $200 off. Retailers aren't contributing at all to the high price are they? :(Can I ask you how much profit margin you think retail usually puts on?
PCCG is exclusive in Australia for Powercolor. They have more margin than any other brand.
So you think they are selling under cost do you?I was asking as you seemed surprised/angry that they could sell a $2000 product at $200 off, implying that the retailers were therefore ripping you off.
Just an FYI (and this is obviously a generalisation, each industry and retail channel has their own norms) but normal wholesale/distributor markup is 30-40%, and then retail markup is 50-100%. Some industries like groceries are about half that.
Of course a retailer has many costs of sale, staff, premises etc., but you should really not be surprised that they can afford to sell at 10% off…
GPUs in todays market is a rich persons game. I highly doubt people such as yourself will be hurting from a $200 difference when you can afford to drop this amount of cash on a GPU. Yes retailers are scummy as hell though.
I bought mine on the 26th. I asked PCCG to honour the new pricing and got a BS email from them this morning telling me they cant do that. Lots of people told me to stay away from PCCG before - should have listened. Never doing business with them anymore!
Nvidia super cards incoming. Those who haven't bought can jump on the preorder train which may be cheaper / comparable to this price.
Do you mean their Super series? Are these still slower than the Ti series?
they are inbetween the regular and ti
And at the MSRP of the regular cards. If such a thing as MSRP exists anymore. Lol.
Can't believe this is still in stock.
Believe it ….demand will drop even more now that we open and more money spend else where. So many people just want the justification they paid high price for it. Hey if you happy then good for you. Now get off ozbargain and stop telling ppl it is ok to pay the same price you did make them fomo like you did….it is no longer a bargain site anymore, more like fomo site lol. Anyone desperately need a graphics card in this market can just go in to a store and pay thousand for it and they will love you long time too….but not here, this site is for ppl who likes to get bargain and happy to wait for a the price they think it’s right for them
A lot of ppl who got these were miners. At the end of the day people who didnt have GPUs or were at home in a lockdown nothing to do, I guess they had no choice but spend. I am HODLing fot the 4K series though. My 1080 is good enough for now.
yup as long as the game run on 1080 you be good for next year as well lol…try lower the setting as it doesn't make any difference:
https://www.youtube.com/watch?v=inF-z_Td9YQ&t=13s&ab_channel…I only game 4k on TV using PS5 and was glad to see that retailer didn't jack up the price of consoles in-store just coz they were also in short supply. There are plenty of other ways of playing games if you can avoid this abnormal period of time in tech. Price will come down once the dust settles. Just like toilet paper, so many people just went with the panic buy hahaha……cracks me up so much!
@madska: I have seen that video. Though I tweak individual settings of a game rather than stepping down to medium. Some settings give good visual quality without hitting the GPU. I need to get atleast 70 to 80 FPS on 1440P on a GTX 1080(with gsync). Very much doable on most games other than 2077/RDR2 etc which are too demanding even for top end cards.
@John Doh: Just be aware that the idiot you're conversing with is a gpu scalper by his own admission, his words are worth about as much as my early morning deposits in the toilet.
- 1
- 2
Ok I'm going to make a prediction. All GPUs prices will come down close to RRP by end of January 2022. There will be sharp falls between now and end of December. Retailers are rushing to get cards out now.