To set the precedent, in case you didn't know, CPU graphics cards (GPUs) have had a price spike due to the crypto craze, where: "pricing for Nvidia’s GeForce GTX 1070 should be around $380 (depending on the model), but that some cards are now being sold for more than $700 due to the stock shortages – an increase of more than 80 percent." - The Verge on GPU and Crypto mining
Now, due to the decrease in Crypto share price (SP), used GPUs are entering the physical market on Ebay and other for sale sites at a discount price, yet still not at preferred retail.
If the recent news capitulating Crypto Currency is having the desired effect, then there should be a "return" of mining viability, which would in effect drive the GPU price back to near peak crypto market levels.
Could it be savvy, then, to buy out the physical used GPU market at "relative" discount prices, and resell on an assumed imminent Crypto market return? It is currently a falling knife, but lets say the Crypto SP continues to fall into the week, could we effectively time a physical product buy time (On a trending early uptick of Crypto SPs) that could increase a Physical asset price from $600 to $800 with zero depreciation? If timed correctly, I think I could get a hold of quite a few graphics cards at a relatively cheap price, just to resell them on the same marketplace BACK to the same people who sold them to me at a premium, sort of like a short squeeze but utilizing Craigslist, Ebay, Amazon, and Facebook markets rather than the stock exchange.
Thoughts?
Submitted April 01, 2018 at 01:12PM by Helliarc https://ift.tt/2q1mofF
No comments:
Post a Comment