If you can think logically (no emotions for coins), start by asking who gains most from cryptos. AMD,Nvidia (primarily AMD) and all other GPU traders. For example if I had stockpile of 500 old 5850, 5870... naturally it would be hard to get some decent $ for them since there is no demand, but if I invest few BTC pumping some coin that these card can mine well - instant demand, much more $, faster sale + I keep all coins I invested for later dump. If you think on bigger scale what is better for AMD, spending few million in advertising(commercials, events...), or pumping up ETH (current trend), and with their funds they could keep it up for months. To conclude when buying - selling new generation cards slows sell hashimoto-s, and when most of outdated GPUs are sold/traded sell blake256 and neoscrypt.
P.S. Maybe sounds like conspiracy theory but just trying to think logically.
P.S. Maybe sounds like conspiracy theory but just trying to think logically.
What percentage of gpu market sales does mining account for? I would think it isn't even that large and the majority are bought by consumers using the cards are they were intended, to play games.
