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K-L-Waster
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RTX 3080 sells out in seconds... thanks to scalpers with bots

Fri Sep 18, 2020 7:26 am

https://www.techspot.com/news/86800-sca ... llars.html

PCMag reports that in many cases, an automated bot capable of instantly ordering dozens of RTX 3080s from Nvidia’s website was utilized. Some scalpers have been using social media to thank its creator, Bounce Alerts, a group that helps members grab high-demand products at launch so they can be resold at a much higher price. One reseller used the bot to buy 42 cards from Nvidia’s site before they ran out.
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Wirko
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Re: RTX 3080 sells out in seconds... thanks to scalpers with bots

Fri Sep 18, 2020 4:23 pm

Does this count as high frequency trading?
 
Flying Fox
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Re: RTX 3080 sells out in seconds... thanks to scalpers with bots

Fri Sep 18, 2020 10:22 pm

It's a fight between scalper and scorch-earth-anti-scaler bots.

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Krogoth
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Re: RTX 3080 sells out in seconds... thanks to scalpers with bots

Mon Sep 21, 2020 6:41 am

Wirko wrote:
Does this count as high frequency trading?


Somewhat, but high frequency trading is handling much larger volumes at quicker frequencies.
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AMD64Blondie
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Re: RTX 3080 sells out in seconds... thanks to scalpers with bots

Tue Sep 22, 2020 2:48 am

Sure hope this doesn't happen when I eventually buy my RTX 3070.
 
Krogoth
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Re: RTX 3080 sells out in seconds... thanks to scalpers with bots

Tue Sep 22, 2020 6:31 am

The 3070 will probably meet the same fate as the other SKUs until the binned 3060 comes around to ease-up demand on GA104 chips.
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