Here we go. Anyway, Games were $50, people were ok with it, they got to $60, people were a little upset but, happy with it. Then it went to $70, people are not happy about it. I've watched many threads on people complaining about it. I do get deep long games like some heavy RPG, but, games that are about 10-15 hours long, I don't see it, nor do I see people paying it.
I personally will not spend $70 on a game. I will play the game, I might put 3 hours, or 100 hours into it, I don't know. If games go up to $70 and I can't get them cheaper, I will be buying less games. So I will miss out on titles because I can't go blowing an extra $70 every month or 2 on a game and the DEVS will get less money because less people will buy. People will be a lot more selective of games so some titles that sold fairly well, might not will a much more expensive game.
As a heavy gamer, I don't buy into every series, some games I just skip because no time. Other games I want but, not that much, those are eBay or Facebook Marketplace used games ($30-50). Last $70 game I wanted, I went on ebay, $55 shipped and I had it on release day. It's how I buy them now...
A device is only worth what someone is willing to pay for it. Everything has its price, Music, movies, etc. Games are $60 new... and it's what they market accepts. Remember when they tried Blu-ray discs for $30+, that didn't last long....