1. Deepseek demostrates LLM/AI can be trained with a decent "small" budget of dozens of millions of dollars, not billions of dollars 

2. People realised there is not going to be such massive demand for Nvidia GPUs which would satisfy P/E ratio of 60 - there is little moat/demand…

Mikko Ohtamaa

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

Deepseek destroyed crypto markets

https://x.com/moo9000/status/1883834919798894682

Talks about crypto and coffee. Building on-chain algo trading - check out my channels /algo-trading and /python

The markets were already dead, they just did not know it.