Congrats to those who bought a 1070/1080/1080 Ti, you got a decent deal at launch, your gpu's appreciated in value thanks to sh*tcoins and it also looks like you're sorted until 7nm adoption going by the lack of graphs or benchmarks in yesterday's presentation.
Currently there aren't any demanding games on the horizon except for Division 2 maybe so I'm not sure if it's worth paying the premium for what appears to be typical Nvidia gimmickry ? Maybe it's the future but a bit too early atm to say anything conclusively.
I also don't like this trend of bumping up prices over generations, 970 launched at $329, 1070 at $379 and now we have the 2070 at $500. Sure we can blame the lack of competition but this is again Nvidia we're talking about, they've totally become the Apple of PC hardware milking their loyal customers and indulging in anti-consumer practices like GPP, just look at those ridiculous FE prices this time around.
As for those who are willing to pay the exorbitant prices, just hope that some sh*tcoin doesn't show up bumping their values up even further thanks to demand from miners.
Even though cryptos appear to be dead, some scapegoats from certain countries are still investing in them as a store of value because of US sanctions tanking the value of currencies like the Iranian Rial and Turkish Lira which in turn has had a cascading effect on other emerging markets/currencies like our own.
Personally I'm glad I converted into a console peasant with my PS4 purchase late last year, I don't think gpu prices are going to be reasonable anymore, not like they were for us anyway but with things looking bleak on the global level and high chances of INR breaching 72 against the $ by year end and what looks like an Nvidia monopoly in place, PC gaming in the mid-range is done for the foreseeable future.
No one's going to risk it with used gpu's after the mining craze and going by the reports of unsold Nvidia gpu's and zero launches from AMD this year, expect a 1050/1060 rebadging with minuscule discounts or a $300 Pascal refresh.