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NVIDIA, AMD in hot water for potential price fixing - Page 3

post #21 of 31
I hope this case brings the prices back down, i mean, it costs alot to have the chip developed, but to make it what $20?
    
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post #22 of 31
In materials maybe. The process of making a chip is complex, difficult, and costly. Just not $800 costly
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post #23 of 31
Quote:
Originally Posted by rabidgnome229 View Post
You're only willing to pay that because you're used to cards of that caliber costing that amount. If we were used to paying, say ~$150 for an x1900xtx (this is just an example) you would not be willing to pay the prices we pay. You are willing to pay these prices because you don't know what the card is actually worth
You guys don't understand the difference between cost and price....

Have you ever heard of Snow's Ridiculous Trash Can Theory?

The theory says that is someone is willing to pay $50 for a used, dirty, smelly trash can, guess what! It is worth $50!

If someone is willing to pay $800 for a 8800GTX, guess what! It is worth $800.
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post #24 of 31
Quote:
Originally Posted by pauldovi View Post
You guys don't understand the difference between cost and price....

Have you ever heard of Snow's Ridiculous Trash Can Theory?

The theory says that is someone is willing to pay $50 for a used, dirty, smelly trash can, guess what! It is worth $50!

If someone is willing to pay $800 for a 8800GTX, guess what! It is worth $800.
What they also don't seem to understand, that this is not about overpricing, it is about price fixing.
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post #25 of 31
Quote:
Originally Posted by pauldovi View Post
You guys don't understand the difference between cost and price....

Have you ever heard of Snow's Ridiculous Trash Can Theory?

The theory says that is someone is willing to pay $50 for a used, dirty, smelly trash can, guess what! It is worth $50!

If someone is willing to pay $800 for a 8800GTX, guess what! It is worth $800.
A theory is simply a theory because it cannot be proven or disproven.

We are all entitled to our own opinion on what overpriced may be, but in no way does the Trash Can Theory relate to the previous discussion. If it were the case, Wal-Mart would have been selling PS3s at $3,000 simply because people on Ebay bought them at a similar price. Price gauging and fixing are against the law. The Trash Can Theory does not logically support supply and demand.
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post #26 of 31
What ever happened to supply and demand.
I dont see Ebay getting a knock on their door for high bidding.
DoJ go home and shut up!
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post #27 of 31
Quote:
Originally Posted by lenzo View Post
What ever happened to supply and demand.
I dont see Ebay getting a knock on their door for high bidding.
DoJ go home and shut up!
Auctions are different from retail.
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post #28 of 31
Thread Starter 
Yea, you can't accuse someone of overcharging on ebay, ESPECIALLY not ebay. It's a public auction that can be set at whatever price the seller wants it to be, for example... PS3? $1200?? Department of Justice cant say ish about an auction especially if hundreds of people are doing it.
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post #29 of 31
Quote:
Originally Posted by lenzo View Post
What ever happened to supply and demand.
I dont see Ebay getting a knock on their door for high bidding.
DoJ go home and shut up!
Sellers aren't conspiring to artificially raise prices.
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post #30 of 31
im not sure about where you guys get $800 for an 8800gtx, the most expensive one i saw was around $680. the easiest way to correct this problem would be to have a constant "price checking list"

but a lot of the extra money i speculate goes into developing. THEN the prices dont seem so bad.
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