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Author Topic: The relative Value of the 5970?  (Read 1405 times)
ataranlen
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April 23, 2011, 02:48:13 AM
 #1

I'm an avid Deal finder, and I tend to find some really good deals, either on Craigslist, or somewhere else. Here is what I've gotten in the habit of doing: pretty much every piece of new hardware I pick up is then listed on Amazon.com What this has led to is confirmation that people are truly stupid.

In the last month alone, I've owned 3 5970's (http://www.facebook.com/photo.php?fbid=1699455722435&set=a.1008974860845.69822.1119150251&type=1)
I've sold all three of them for $140-$360 profit each.
How? Easy. I paid $620 each for two, and $400 for the third. I listed all three for $800 on amazon. All three sold in the past week.

I've also done this in the past with older hardware as well, namely a 9800GX2, an ancient ati 2600HD, a 5870, a g15 keyboard, an AMD 9950, and various other things, all used, all for profit.

So before you go and list that 5970 on CL, consider listing it on Amazon.

(couldn't think of a subject)

Problem Economics?

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benjamindees
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April 23, 2011, 05:19:48 AM
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Information Disparity

You assume that you're the smart one but they're basically giving you bits of dead plants in exchange for a complex, precisely assembled collection of precious metals.

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ataranlen
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April 23, 2011, 05:25:43 AM
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Information Disparity

You assume that you're the smart one but they're basically giving you bits of dead plants in exchange for a complex, precisely assembled collection of precious metals.

Best response ever! I'd rather have the bits of dead plants to pay rent, and buy new Precisely assembled collections of precious metals though!

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Steve
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April 23, 2011, 05:46:22 AM
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How? Easy. I paid $620 each for two, and $400 for the third. I listed all three for $800 on amazon. All three sold in the past week.

Well, now that you've let everyone else know about all these stupid people, tomorrow you'll probably be able to find a bunch of 5970s on amazon for $775. Wink

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ataranlen
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April 23, 2011, 09:56:03 PM
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Thats ok, I'm out of stock of these anyways!

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proudhon
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April 24, 2011, 05:01:19 AM
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Thats ok, I'm out of stock of these anyways!

I found a fella who wants to sell 2 5970s for $375 each. Grin
ataranlen
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April 24, 2011, 10:42:02 PM
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http://www.newegg.com/Product/ComboDealDetails.aspx?ItemList=Combo.631040

Well, I found newegg willing to sell 5870x2's for 599 each! ($799 with a free ASUS Sabertooth X58 LGA 1366 Intel X58 SATA 6Gb/s USB 3.0 ATX Intel Motherboard)

I'm thinking super profit on mining till I sell those things!

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Ian Maxwell
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April 25, 2011, 12:13:03 AM
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My exit plan for mining is still unsettled---I can't decide between keeping my 5970 for gaming, and reselling it for moneyz (and buying a less super-powered video card). Since I wouldn't have bought it just for gaming in the first place, keeping it just for gaming seems like nothing more than the endowment effect---but then again the added time cost of finding a buyer and possibly shipping, not to mention reconfiguring my machine, makes this not so obvious. I guess I'll just see what a heavily used 5970 is going for once I'm pushed out of the mining business.

Ian Maxwell
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