popular Posted by phoinix | Staff • Yesterday
Apr 30, 2025 10:42 AM
Item 1 of 4
Item 1 of 4
popular Posted by phoinix | Staff • Yesterday
Apr 30, 2025 10:42 AM
$64.99: 1TB SAMSUNG 990 EVO PCIe Gen 4x4 Gen 5x2 M.2 2280 NVMe Internal Solid State Drive at Amazon
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And TBF vendors would probably drop these prices even lower but Samsumg most likely still has MAP restrictions on them.
Or is the market being flooded a long-term new reality that will cause prices to eventually go down further and further over time?
I heard a lot of reasons as to why, but without any way to prove any of that -- it was speculation to cover up the real reason: greed. You see it all the time -- a part gets too cheap, so supply gets cut. I've bought 5tb spinning rust portable hard drives at $115...in 2015. They're still roughly the same price a decade later ($120-140 on B&H). You'd think 5tb spinning drives would be pocket change today....but no so much.
Users cut back on their spending, and now with the markets tumbling again, they're cutting back further.
Everyone I know (and I do mean everyone) is delaying all but the most essential purchases for the next 12-48 months. They "stocked up" on any burning needs/wants during Nov. 2024 -- and now everyone is sheltering-in-place with their wallet in full lockdown. They are even hoarding their old gear -- for utility (spares) and if any random supply chain issues spike the value, like webcams and fitness gear in April of 2020.
The mindset here is very much akin to Covid -- anything can happen, and it's going to be brutal to one's wallet. So the mindset is stock up, hunker down, and maybe we'll get through it. It's deeply depressing.
I heard a lot of reasons as to why, but without any way to prove any of that -- it was speculation to cover up the real reason: greed. You see it all the time -- a part gets too cheap, so supply gets cut. I've bought 5tb spinning rust portable hard drives at $115...in 2015. They're still roughly the same price a decade later ($120-140 on B&H). You'd think 5tb spinning drives would be pocket change today....but no so much.
Users cut back on their spending, and now with the markets tumbling again, they're cutting back further.
Everyone I know (and I do mean everyone) is delaying all but the most essential purchases for the next 12-48 months. They "stocked up" on any burning needs/wants during Nov. 2024 -- and now everyone is sheltering-in-place with their wallet in full lockdown. They are even hoarding their old gear -- for utility (spares) and if any random supply chain issues spike the value, like webcams and fitness gear in April of 2020.
The mindset here is very much akin to Covid -- anything can happen, and it's going to be brutal to one's wallet. So the mindset is stock up, hunker down, and maybe we'll get through it. It's deeply depressing.
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And those essentials are going to increase too. Partly because THEIR costs are going to go up, and partly due to greed ("never let a good tragedy go to waste").
Like it or not, we are a consumerist economy. If the masses cut back on spending, it has a catastrophic domino effect on everyone's well-being and financial security. Just look at Covid. Some people cut back on some of their spending for a short time, and we never fully recovered from it.