Why are so many people dumping GPUs all of a sudden?

[adaseb]

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

you can easily sell second hand gpu on ebay, in fact i've sold all my old 970 easily there, i'll sell my 1070 when the time come in the same way

or privately on another forum, only here it's hard to sell because of trust and stuff like that

The problem with eBay are the fees. Its almost 15% in fees alone.

Then there is the headache of having to accept returns or have scammers say you've sent them an empty box and they get a free GPU.

i just do a photo before selling, they can't say anything, if they say something like this i'll send the photo to paypal to prove they are wrong

fee are bad yes, in fact i increase the price when selling on ebay, by roughly 10%

Paypal will just say you took a photo but you've sent an empty box instead. They will get their refund, your only hope is maybe claiming the shippers insurance and saying it was stolen in transit by some postal employee.

[1713582378]

1713582378

[1713582378]

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[PovertyByte]

I didn't know we had a hardwale sales section

This just showed me I was right to stick with NVidia. The mining farms at the time of the RX series are far bigger now than they were with R9's. I knew these would eventually flood the used markets

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

I am keeping my main GTX 1070 in my main computer. The second one I bought I already have a buyer for 14 months from now simply because I agreed to sell him 20 below averaged used value plus he will have access to me for the PNY lifetime warranty which could land him a GTX 1170 or GTX 1270 If it were to die

This is also avoiding shipping fees, paypal, and strangers visiting to see if it works

I'll consider this stuff though if I were to ever make dedicated mining rigs

[Amph]

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

you can easily sell second hand gpu on ebay, in fact i've sold all my old 970 easily there, i'll sell my 1070 when the time come in the same way

or privately on another forum, only here it's hard to sell because of trust and stuff like that

The problem with eBay are the fees. Its almost 15% in fees alone.

Then there is the headache of having to accept returns or have scammers say you've sent them an empty box and they get a free GPU.

i just do a photo before selling, they can't say anything, if they say something like this i'll send the photo to paypal to prove they are wrong

fee are bad yes, in fact i increase the price when selling on ebay, by roughly 10%

Paypal will just say you took a photo but you've sent an empty box instead. They will get their refund, your only hope is maybe claiming the shippers insurance and saying it was stolen in transit by some postal employee.

no he must provide the photo of the code, the same box i've send, there is no way he can get around this

[Lion BItcoin Shop]

Im selling some of my gpu too, because the difficult very high, and the price of some altcoin down too.
for me selling some gpu is best solution for this day, and buy some POS coin to cover it.

[adaseb]

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

you can easily sell second hand gpu on ebay, in fact i've sold all my old 970 easily there, i'll sell my 1070 when the time come in the same way

or privately on another forum, only here it's hard to sell because of trust and stuff like that

The problem with eBay are the fees. Its almost 15% in fees alone.

Then there is the headache of having to accept returns or have scammers say you've sent them an empty box and they get a free GPU.

i just do a photo before selling, they can't say anything, if they say something like this i'll send the photo to paypal to prove they are wrong

fee are bad yes, in fact i increase the price when selling on ebay, by roughly 10%

Paypal will just say you took a photo but you've sent an empty box instead. They will get their refund, your only hope is maybe claiming the shippers insurance and saying it was stolen in transit by some postal employee.

no he must provide the photo of the code, the same box i've send, there is no way he can get around this

He will just take the GPU out and take a photo of an empty box. Or put a brick inside it and said the GPU was switched.

I've been burnt a few times with eBay and their unfair Buyer Protection policy that others abuse.

[Amph]

I don't know if you ever tried to sell anything on Craigslist or Kijiji but the more an item costs the more of a headache it is to sell.

With $100 GPUs, people will come and meet you at a public place, pay cash and deal is done.

With $300 GPUs, people will want to see the GPU working prior. Do you want to invite strangers into your house? Most people won't buy an expensive GPU without seeing it working first since its too risky.

You need to consider these options when unloading 30-40 of your 1070 GPUs.

you can easily sell second hand gpu on ebay, in fact i've sold all my old 970 easily there, i'll sell my 1070 when the time come in the same way

or privately on another forum, only here it's hard to sell because of trust and stuff like that

The problem with eBay are the fees. Its almost 15% in fees alone.

Then there is the headache of having to accept returns or have scammers say you've sent them an empty box and they get a free GPU.

i just do a photo before selling, they can't say anything, if they say something like this i'll send the photo to paypal to prove they are wrong

fee are bad yes, in fact i increase the price when selling on ebay, by roughly 10%

Paypal will just say you took a photo but you've sent an empty box instead. They will get their refund, your only hope is maybe claiming the shippers insurance and saying it was stolen in transit by some postal employee.

no he must provide the photo of the code, the same box i've send, there is no way he can get around this

He will just take the GPU out and take a photo of an empty box. Or put a brick inside it and said the GPU was switched.

I've been burnt a few times with eBay and their unfair Buyer Protection policy that others abuse.

uh there is something called serial number, i repeat there is no way he can avoid it, box and gpu are tied with that number

[klondike_bar]

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

[philipma1957]

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

I was a power seller on ebay.  There are 3 or 4 more buyer scams that the seller can not stop.

I no longer sell much on ebay.


http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=philipma1957

this is my feedback above.

I stopped selling expensive items  a year or two ago.

I sold a mining pc  when btc was mined with gpus.

Buyer was cute tried a return  with 2 dead gpus.  He did not realize I had all serial numbers taken.
He said that he got 2 cards with  serial numbers different then I sent.
He had 3 feedbacks I had 1000+ feedbacks. With 0 neutral and 0 negative.

Ebay said I could not prove that the serial numbers on the good cards were ever sent to him.

He won.  I followed up for 3 months  and they caved in and gave me 250 in ebucks as a courtesy to a power buyer /seller.

I do not sell much anymore.  I still buy but sell very little.

[Amph]

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

and i clearly said that i do a photo with the gpu inside the box showing the same code(SN) before i ship it, so he can't say shit like that

the best thing would be to do a video when you give the package to the courier with he package opened showing the gpu and evrything with he serial number

it's a bit of a pain in the ass but it's the only thing to do to avoid those scammers...

he can still claim that the gpu does not work..but at that point you can get it back i guess... never had such issue, anyway i'm not selling only there i actually prefer to sell on forum

[PovertyByte]

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

If you record a video where you put a special seal on the box, that would be very hard to get around.

[Za1n]

^hes saying the buyer can claim the box with the same serial number arrived, but was empty.

ie: you ship me a gpu i bought via ebay/paypal. it arrives but the box is empty, except for a 2lb paperweight (about what the gpu would have weighed). i send ebay/paypal a photo of the paperweight sitting inside a box that has the advertised serial number. clearly you shipped the advertised box, but theres no way to prove that it contained a gpu and not a paperweight

If you record a video where you put a special seal on the box, that would be very hard to get around.

I will weigh in here and add that I no longer sell on eBay either. I have had a similar experiences to that of philipma1957 and adaseb, and in my case a buyer claimed he got a defected card 3 months after he received it.

First off, I don't sell a GPU unless I am 100% confident it works. Every GPU I re-sell I have flashed back to original BIOS and install it in a test rig that I have several games and benchmarks installed on. I will run the Furturemark benchmark suite at the highest level for the given card, and also briefly fire up and play a few demanding games to make sure it stands up to real use. Once satisfied, I remove the card, gather all accessories, replace dust caps, etc. give a final quick dusting, and package the card up while taking photos for the auction.

I had been documenting all eBay transactions with photos after having a few close calls before. I had my listings show the serial number of the cards in one of the listing's photos, I even put the last 6 digits of the GPU serial as part of my listing title. I clearly described the cards as used along with their age and that I did not accept returns. Once the GPU's sold, I took another set of closeup photos of the GPU with the a copy of the winning bidder's invoice showing the auction number, his name, etc. along with the card's serial number and closeup shots of all angles. I photographed it going into the retail box and even into the final shipping box. I took the box to the post office and got a receipt showing drop-off time and weight of the package (to show it wasn't empty). At the time, I too thought I had plenty of evidence.

The buyer opened up a case and said the card I sent him was DOA and had a picture of some other card with clearly blown out components, but it was not even the same make/model as the one he bought. It was indeed too long of a time for eBay, but PayPal sided with him stating that my photos didn't prove I actually sent the card pictured, only that I took pictures of some card. FYI...PayPal now allows buyer to contest a purchase for up to 180 days!!! I asked them what form of proof they would take in case this would happen again in the future and they could not give me an answer. I tried to escalate the claim as far as I could but eventually just gave up.

Since I had good experience's previously, sometime later on I tried to sell another GPU and almost instantly I knew I made a mistake. First sign of trouble came when buyer began asking if I sent the item out yet, when the tracking information was clearly visible. A few days later, sure enough I get a item not received claim. I log in and click on tracking and it shows the item as delivered. I reply back with this information and the guy claims he never received anything. I double check his address with PayPal and everything checks out, and think I am covered by PayPal's seller protection policy. No go, as it turns out due to the previous incident months earlier I do not qualify for the program as I am now considered a bad seller. Before this I had been an occasional seller of many items for over 5 years with over 800 positive feedback and thousands of dollars of transaction history so would have thought I would have more credibility that some 0 or 2 feedback buyer.

These are just two example of where the buyer was successful in his scam, as I have had numerous "close calls" when I state the card was used, I offer no returns and most of the cards I sell are still under the manufactures warranty anyway if there really was a problem. Some might complain a bit but have never pushed it all the way.

Anyway, I have since closed both my eBay and PayPal accounts as they seems to have been taken over by scammers. I now try to sell via Craigslist or local paper ads, and even though it is a much smaller market and usually a hassle, occasionally I am successful. Plus without having to worry about the eBay/PayPal fees, I can usually offer it for $10-$15 less than online and still make more myself, so a win/win for both buyer and seller.

[snowyNNN]

These ebaystories are putting a hamper over my plans to possibly sell a few gpus at ebay. I always thought the buyer protection program was good, but apparently it is easily gamed. Thanks for the heads up!

[Amph]

you can alo sell on amazon they don't use paypal, should be more safe, someone tried it?

[fullzero]

you can also sell on amazon they don't use paypal, should be more safe, someone tried it?

I have sold many GPU's on amazon.  The fee's are about the same as ebay+pp.  In my experience selling GPU's on amazon; most of the buyers are from a country where it is hard to find GPU's for reasonable prices.  They have you ship to a reshipper.  This is fine so long as your seller settings indicate that you don't ship internationally.  Doing so limits your liability to the address they provide to amazon; and also makes amazon review their payment method more stringently.  If you fail to indicate that you don't ship internationally, you will probably get orders from stolen credit cards.

I have had some US buyers have problems with GPU's.  These are almost always due to inexperience installing the GPU.  Most buyers only need a few suggestions to get it working; some need a new PSU.

I haven't sold anything on ebay in a while.  For reasons already explained in detail earlier in this thread; I don't recommend selling anything worth more than $150 on ebay.

Personally I judge the future resale value of a GPU based on where it ranks on amazon's Best Sellers in Computer Graphics Cards and how long it has held that rank. 

[adaseb]

I think the best time to sell a GPU is also the time when you can get screwed the most.

Kind of what happened in 2014 with people selling Bitcoin ASICs on eBay.

People that got rid of their ASICs sold them when Bitcoin peaked but the buyer later realized that difficulty is going up and price is going down and they don't actually make what the mining calculator predicted, instead of taking a huge loss on an ASIC, like paying $1000 for an S2. They just made a claim a month later and got a full refund. Only way to get ROI doing those times.

Same thing is happening right now with GPUs. Too many inexperienced people buying them thinking its gauranteed income and later on they want refunds because they dont realize how much power they use or that there is something called difficulty.

[fullzero]

I think the best time to sell a GPU is also the time when you can get screwed the most.

Kind of what happened in 2014 with people selling Bitcoin ASICs on eBay.

People that got rid of their ASICs sold them when Bitcoin peaked but the buyer later realized that difficulty is going up and price is going down and they don't actually make what the mining calculator predicted, instead of taking a huge loss on an ASIC, like paying $1000 for an S2. They just made a claim a month later and got a full refund. Only way to get ROI doing those times.

Same thing is happening right now with GPUs. Too many inexperienced people buying them thinking its guaranteed income and later on they want refunds because they don't realize how much power they use or that there is something called difficulty.

I agree 100%. 

I try to avoid selling during the danger times. 

Another thing that makes a difference; is selling for reasonable prices.  You are more likely to attract a legit buyer that way.

[Amph]

you can also sell on amazon they don't use paypal, should be more safe, someone tried it?

I have sold many GPU's on amazon.  The fee's are about the same as ebay+pp.  In my experience selling GPU's on amazon; most of the buyers are from a country where it is hard to find GPU's for reasonable prices.  They have you ship to a reshipper.  This is fine so long as your seller settings indicate that you don't ship internationally.  Doing so limits your liability to the address they provide to amazon; and also makes amazon review their payment method more stringently.  If you fail to indicate that you don't ship internationally, you will probably get orders from stolen credit cards.

I have had some US buyers have problems with GPU's.  These are almost always due to inexperience installing the GPU.  Most buyers only need a few suggestions to get it working; some need a new PSU.

I haven't sold anything on ebay in a while.  For reasons already explained in detail earlier in this thread; I don't recommend selling anything worth more than $150 on ebay.

Personally I judge the future resale value of a GPU based on where it ranks on amazon's Best Sellers in Computer Graphics Cards and how long it has held that rank. 

well at least they can't charge you back after 180 days like with paypal, there should be less scammers there

[Marvell1]

key on ebay is never sell international and never sell to a user with less than
20 postive feedbacks , also selling alot of cheap items is better thsn selling expensive gear like a 1070
which is why i sell cheaper stuff like 380s 280s 470s is far less incentive to scam and burn thier ebay ratings.

 High end items attract scammers like shit attracts flies

[adaseb]

key on ebay is never sell international and never sell to a user with less than
20 postive feedbacks , also selling alot of cheap items is better thsn selling expensive gear like a 1070
which is why i sell cheaper stuff like 380s 280s 470s
far less incentive to scam and burn thier ebay ratings.   High end items attract scammers loke
shit attracts flies

You can't choose who you sell to however. You can only block people with negative feedback you can't block a buyer with 0 feedback.

Only 2 ways of choosing buyers is to either make it have a VERY HIGH buy it now price but accept OFFERS and only accept the offers from people with feedback.

Another way is to wait until the last few seconds of the auction, if the highest bidder is a 0 feedback bidder you can always just cancel the auction saying "No Longer Available" and relist it next week.

[64dimensions]

 I have my ebay settings on their most restrictive + US only + no PO boxes.

Even though it's against the rules, I cancel sales with people with low <20 feedback and or not long term ebay users. I have done this with no complaints.

I only ship Fedex ground with signature required.

I think you have to sell on Ebay to have access to the gamer types.