CraptacularOne
Yeah and the worst part is there are people that are getting these cards through the notify and step up queue and then just flipping them anyway. Unfortunately EVGA can't really do anything once the user has the card in hand. It's a terrible situation, these people are feeding and justifying the scalpers and all the while prolonging the time an actual end user will have to wait to get one. 
 
I also find it ridiculous that blatant scalping of goods and items is allowed on eBay. These people aren't even trying to hide that they are just inflating the price to make a buck. 

MrMichaelJames
There is technically nothing illegal or wrong about what they are doing. Someone has a product someone else has a demand for the product. The one demanding the product will pay market rate as determined by demand.

rawlbot

emmett

MrMichaelJames
There is technically nothing illegal or wrong about what they are doing. Someone has a product someone else has a demand for the product. The one demanding the product will pay market rate as determined by demand.

Except that its artificially created demand.

Artificially how? There is in fact scarcity of a product which drives demand which then inflates the market rate. I'm not saying I like it or I'm happy about it but it's our economic system of choice for the time. :/ 

rawlbot

arock0627

rawlbot

emmett

MrMichaelJames
There is technically nothing illegal or wrong about what they are doing. Someone has a product someone else has a demand for the product. The one demanding the product will pay market rate as determined by demand.

Except that its artificially created demand.

Artificially how? There is in fact scarcity of a product which drives demand which then inflates the market rate. I'm not saying I like it or I'm happy about it but it's our economic system of choice for the time. :/ 

They're creating the scarcity by buying dozens of them and then gating them behind double the MSRP.
I know people really want to be bitcoin libertarian bros but man the excuses y'all come up with why predatory commerce is AOK just blow my mind.

I'm such a boomer that I inadvertently got myself labeled as a wannabe bitcoin libertarian bro by talking about scarcity 101, lol. 

I'll try again - I don't like the fact that people are scalping cards on ebay at 2x the MSRP. I hate it. I thought I would be able to get a 3080 by November back in August but that doesn't seem to be the case and that sucks. However, the situation you're describing isn't exactly what's happening, the scarcity is at the source. Let's imagine for a second that we live in a world where ebay doesn't exist and scalping is not allowed. The GPU companies go out to make 3080s and manage to produce, let's say, 10 cards each week and realize that there's about 10,000 customers waiting outside to buy one. Obviously, they are not going to have enough cards for all 10,000 so instead of opening and selling the 10 cards they do have at the original price they say to themselves, "Let's just increase the price by X times until only 10 people are left in the line". - That is predatory commerce and that is NOT what is happening here.

EVGA (to stay on the topic of this thread) is selling their 10 (still following the example above, not literally) cards they have each week to 10 very lucky people (given the scarcity and situation) at the agreed upon MSRP. Those people are then realizing they have an opportunity to sell this highly coveted item for double what they paid. They wouldn't have this option if people weren't lining up to buy from them and willing to pay double. So I guess, if you want to be angry at someone be angry at the people paying double and maybe also at NVIDIA for barging into this situation with no product to meet demand. 

l00pback
Wrong vs Right is subjective.  Morally, buying a card then immediately flipping it is a d*ck move... but it isnt really "wrong.  
Instead of saying that they are wrong to do it, lets just call them d*cks and move on with our lives...

bee144
At least in the United States, it's a free market. As long as the item isn't an essential item, like food or clothing, then you can list it for whatever price you want.
Once you own the item, you can do whatever you want with it. If someone wants to take a sledgehammer to their 3090, then let them.
Some of the people on here are treating GPUs as if they're an essential item... like they'll die if they don't eat the latest GPU. Chill out.
Also, as someone else said, eBay thrives on "scalping." Of course they aren't going to stop it because it's not illegal nor against their terms and conditions.
The GPUs have still only been out a few weeks. Give it a few more weeks and demand will soon be met.
Lawmakers should concern them with way more important things than making sure mom's basement nerds get the latest GPU 4 weeks sooner.
 
The real question should be directed at NVIDIA and why they couldn't meet demand?

pmclean
The part that makes this wrong is the blatant price gouging.
 
Yes obviously when you buy something you own it and you can do whatever you like with it. Obviously. Except for games on steam.
Blows my mind how people can say this should be allowed to continue.
The government should concern themselves with the will of the people and most people think price gouging is wrong. 
I couldn't remember earlier but the pharmaceutical company I referred to was valeant and the ceo was michael pearson.
 
For those who never heard of it here's a little info;
"This pricing controversy was originally raised when Senator Bernie Sanders and Representative Elijah Cummings sent a letter to Valeant seeking justification for huge price increases it put on two life-saving drugs: Nitropress and Isuprel. The company had raised the price of Isuprel by almost six times and the price of Nitropress by over three times.[20] Shortly after, Democratic members of Congress attempted to subpoena Valeant for this information."
 
It's a different situation, but the basic premise is there, take ownership of something then jack up the prices.
 
Oh and it's not just nerds in their mom's basement.

riku98523


That's not the same thing at all man. A company buying ownership of a patent or whatever is completely different than bob buying a product and then selling it at a higher price of he is able to.

Your analogy is awful. An accurate analogy would be if bob bought EVGA and then sold the cards at a jacked up price. Bernie sanders and other liberal law markers would never say an individual citizen can't offer a product at jacked up prices if able. These aren't products anyone has to have and companies still exist selling them at reasonable prices.

njbongo

arock0627

njbongo

SeanDude05
Most are not really ‘sold’ as people are just not paying after the auction ends. Then they tie the cards up for a few days until a no pay case goes through. I highly doubt it’s much more than a 20% of all sales actually exchange money and ship out.

That COULD be the case, except, when you list something as "Buy It Now" on eBay you can enforce an "immediate payment" rule.  The transaction is not complete until payment as made so the listing never ends.  Look at the sold items, this is the majority of them.
Even in auction format, a seller has two options, wait for the winning bidder to pay, file an "unpaid item claim" (48 hour hold), or just choose to relist it in a few hours and the winning bidder is out of luck and cannot even leave feedback.
 
I've been selling on eBay since 2004, trust me, most of those cards listed as "sold" were actually sold.  I'm sure the scalpers aren't idiots and filing unpaid item claims, and tying up their cards for 2 days.
 
EDIT:  Forgot to add, when you check off "Completed Items" and "Sold" together, that only shows items that were PAID.

I really hate how much of Ebay and Amazon is based around supporting these leeches.

Well, remember, you pay an average 10% to eBay, and 3-5% to PayPal, plus the listing fees (averages 4 bucks).  Of course they don't give a rat's ass about scalpers.  The higher they sell an RTX 30 series card for, the more THEY make too.
They actually split back into two companies again in 2015, which I found out recently, but if you want to take credit cards you are FORCED to use PayPal at the moment.  eBay isn't allowing merchant accounts to accept cards any longer, because they are "testing" eBay Marketplace payments.  Invitation only for now.
 
Nvidia doesn't care either, they are selling cards no matter who buys them at whatever price.  I am curious to see if AMD follows through on their promise to not let bots get all their new launches this month, they have a publicly released letter to online authorized resellers to take anti bot measures too.  We will see.
Most likely getting Ryzen 5900x and a 6800xt, but not canceling my que position just yet !