So you’re waiting in anticipation for the next generation of graphics cards to come out. Days go by and finally at last, the curtains are opened and out from under the sea emerges a brand new graphics card.
Your excitement has reached levels that weren’t humanly possible, that is until you saw the price. Let’s face it, graphics cards are part of the ever growing industry of computer parts.
Every year or so, there always seem to be a new shiny graphics card on the market with better performance than the last line up of cards.
Whether you are a gamer, cryptocurrency miner, and or tech enthusiast, graphics cards can play a significant part in your interests and purchases.
But the problem with getting the latest and newest graphics cards, is that they are typically pricey. So when will GPU prices go down so you can save some extra cash without burning a hole in your wallet?
Off to a Slow Start
The thing with economics is that we can notice patterns, but the problem with these patterns is that while everything seems to be on rails, it is never 100% certain and before you know it the patterns derail and branch off into their unpredictable sort of nature.
So take any economic information presented with a grain of salt, due to the unpredictable nature that can arise from what seemed to be in line.
But that doesn’t mean we can’t make educated guesses on the patterns presented and apply some basic economical knowledge to the equation to get the best out of it.
One of the best ways to know when the prices of GPU’s will go down is to simply observe and wait. I know it sounds so simple, but think about it, with nearly any product, what happens when it first comes out?
It tends to be a bit pricey, right? But then time goes by and suddenly the product’s prices get slashed into smaller portions making the product a lot more affordable than what it first started out with.
There isn’t really a set time of when a product will go down, it just really depends on the supply and demand of that product.
Demanding More For More?
Supply and demand plays a huge role in how much something costs, especially when it comes to the cost of GPU’s. When a new GPU is released, it usually costs so much because a lot of people are planning on buying it.
Since so many people are willing to pay for something overpriced, companies are willing to leverage this to their own advantage. Why make a new product cheap when tons of people are already buying it for full price?
They do this so they can make better profit. Remember, not everyone buys something right when it comes out, but there is a significant crowd of people that typically do.
In addition, many companies only have a limited amount of resources to build GPU’s. Some raw materials used in creating GPU’s are gold and silver, which can be costly and lead to a limited amount of GPU stock being created.
Demanding Less For Less?
So what happens when the demand craze for GPU’s goes down? The prices tend to go down as well when this happens because not as many people are buying GPU’s.
So to get more customers the price gets cut so more people will buy more GPU’s. It seems to usually take a year or two for a new GPU craze to start to die out.
So if you want to try to save money on a GPU, just wait for the GPU hype to go down and the prices should go down as well. Never underestimate the power of observation and patience!
Cryptocurrency Fluctuations and More!
Cryptocurrency is another big thing that affects how much a GPU is going to cost.
Cryptocurrency miners love GPU’s, in fact they are usually the reason why companies like NVIDIA raise their prices and then run out of stock because cryptocurrency mining takes a lot, and I mean a lot of GPU’s compared to how much a gamer even uses.
It isn’t just cryptocurrency miners that seek to use a lot of GPU’s, but researchers and data centers can use hundreds of graphics cards if not even thousands, while a gamer typically uses one or maybe even two if they want a little SLI action.
It’s no wonder why NVIDIA has limited the amount of graphics cards you can buy on their site to 2 per customer. But even this doesn’t work because graphics cards still seem to sell out like crazy from cryptominers.
But lately there has been a decline in cryptocurrencies value, which is affecting the cryptocurrency mining markets. So this could cause less of a demand on purchasing GPU’s and therefore cause a price drop.
It’s Only a Matter of Time
Let’s put a cap on all this information we’ve learned today. Remember, it’s all about observation and time. Look at how the price fluctuates over time and look for any indicators of a future price change.
Some common indicators of a future price change are how well the cryptocurrency market is doing, which can affect the supply and demand of GPU stock.
Sometimes these factors can be unpredictable and it can be difficult to pinpoint the exact time a price will go down, but it typically happens within a year or two unless there is a dramatic change in the supply and demand.
There can be positive dramatic changes, meaning a crazed hype and demand to buy GPU’s, so prices skyrocket, and there can be negative dramatic changes as in the hype dies out for a particular product and to bring in more customers, the price gets cut.
Like I said, take this information with a grain of salt and use this information to expand your knowledge, especially when it comes to spending money.
Anyways, I hope you found this article useful. Feel free to leave a comment down below on what you think and as always… good luck on getting your next graphics card and… happy gaming!