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Just got a $375 offer on craigslist for my 7950. Should I take it?

#11ShubPosted 12/10/2013 9:20:54 AM
Flaktrooper123 posted...
Omegachaos87 posted...
Why would anyone pay that much for an old card? Just curious, but I don't see any justification for it.


I assume it is some unaware people who wish to crossfire their old 7950. The soon to be R9 280 is actually the same thing and are compatible with each other, just as it is crossfire compatible with R9 280X.


No, it has to do with the Bitcoin mining craze currently going on. The price of Bitcoin jumped from $100 to $1200 in a matter of weeks so people are trying to cash in on that by buying Radeon cards (which are best for Bitcoin mining), which is annihilating merchants' stock of Radeon cards, which is driving prices up. 7950s are going for $350+ on eBay.

Sk2k52 posted...
What is this "mining" you speak of?


http://www.bitcoinmining.com/
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#12Tony_Biggie_Pun(Topic Creator)Posted 12/10/2013 9:48:57 AM(edited)
So I had emailed him on craigslist saying I accepted about 4 hours ago. Waiting on a reply.

EDIT: The guy bought a 7950 for $315 from a different listing on craigslist so its a no go for the offer. Its cool though. It would have been a nice cash in, but its all good. It makes it better for me now because my card is the only 7950 being sold in the NYC area on craigslist so theres less competition and I'm more likely to get someone to buy at my listed price of $395
#13ThundarPosted 12/10/2013 9:48:35 AM
Better than having Ebay/Paypal eat 15%+ of your return. And if you've had the card for over a year, I think you meant Oct of 2012 was the purchase date.

Still have my 7970 and I don't really feel like trying to sell it to make a quick buck. It is fun watching the price go mad though.
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#14Tony_Biggie_Pun(Topic Creator)Posted 12/10/2013 10:15:37 AM(edited)
Yeah, the Ebay route is too much of a hassle. You have to pay to list your product, they take a huge cut of your profit, AND they have a return policy so someone can just get the card, mine for 30 days, decide they don't want it and return it and you'll have to pay them back.

Its great for buyers, but no so good for sellers.
#15Tony_Biggie_Pun(Topic Creator)Posted 12/11/2013 7:57:37 PM
So, someone new has offered $330. Should I accept it while I can?