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/ 

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

Deepseek destroyed crypto markets

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

Collective noun #67 ⌐◨-◨ 🟡  | Host of: /pirates-bay | Blockchain Buccaneers Crew #65

I wish "G" meant green😅

https://media.tenor.com/AFAAnmclXjEAAAAC/hang-on-hang-in-there

Brace yourselves 

Mania inbound for the next few months 

Does JCB kick it off for us?

It’s just Japanese Carry Trade unwinding, same action we saw around Aug 4th when the JCB raised rates the previous week

It’s just Japanese Carry Trade unwinding, same action we saw around Aug 4th when the JCB raised rates the previous week 

https://warpcast.com/tcw/0x5d30175d

Perhaps now is the time to step away from the screen and calm your mind😇

It only gets worse before it gets any better.

hang on — soon we’ll go in the other direction