• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

[Video] - How a China AI startup is crashing the US Stock Market today

UltimaOnline

Alfrescian (InfP)
Generous Asset
Joined
Jul 16, 2008
Messages
22,476
Points
113



WHY ARE BITCOIN AND CRYPTO
DUMPING?

IN THE PAST FEW HOURS, BTC IS
DOWN OVER 5%, WHILE LARGE
CAPS ARE DOWN 8%-10%

THIS HAS NOTHING TO DO WITH THE
CRYPTO MARKET AND EVERYTHING
TO DO WITH THE US STOCK MARKET.

THE US STOCK MARKET IS DUMPING
TODAY, AND IT'S JUST BECAUSE OF
ONE APP NAMED "DEEPSEEK."

DEEPSEEK IS A CHINESE AI STARTUP
THAT COMPETES WITH CHATGPT.

AS PER SOME ESTIMATES, IT COST <
$10M TO DEVELOP, WHICH IS WAY
LESS THAN CHATGPT

NOT ONLY THAT, TODAY IT
OVERTOOK CHATGPT TO BECOME
THE #1 FREE APP ON THE APPLE APP
STORE.

AS OF NOW, CHATGPT IS VALUED AT
$157 BILLION, WHILE DEEPSEEK IS
VALUED AT MERELY 0.2% OF THAT.

THIS HAS CAUSED A MAJOR
CONCERN AMONG LARGE US
INVESTORS AS THEY'RE THINKING
THAT THE US STOCK MIGHT BE TOO
OVERVALUED NOW, AND THEY'RE
SELLING IT SINCE THE MARKET HAS
OPENED.
 
Deepseek is not started by ikan bilis. Its by billionaire Liang Wenfeng

He is china version of Masayoshi of Softbank, billionaire.

He has a team of creme de la creme of Tsinghua, Fudan researchers working for him

So all these nonsense of youtube is crazy


The reason why stock market is tanking because Deepseek makes it open source

That means all code is available! You can copy it, test it, own it, download it, modify it!

So its like making Netflix movies all free! Thats what Open AI and all those overly hyped software all tanking....but hardware also not spared as now with deepseek yiu dont need so much expensive hardware.
 
Last edited:



WHY ARE BITCOIN AND CRYPTO
DUMPING?

IN THE PAST FEW HOURS, BTC IS
DOWN OVER 5%, WHILE LARGE
CAPS ARE DOWN 8%-10%

THIS HAS NOTHING TO DO WITH THE
CRYPTO MARKET AND EVERYTHING
TO DO WITH THE US STOCK MARKET.

THE US STOCK MARKET IS DUMPING
TODAY, AND IT'S JUST BECAUSE OF
ONE APP NAMED "DEEPSEEK."

DEEPSEEK IS A CHINESE AI STARTUP
THAT COMPETES WITH CHATGPT.

AS PER SOME ESTIMATES, IT COST <
$10M TO DEVELOP, WHICH IS WAY
LESS THAN CHATGPT

NOT ONLY THAT, TODAY IT
OVERTOOK CHATGPT TO BECOME
THE #1 FREE APP ON THE APPLE APP
STORE.

AS OF NOW, CHATGPT IS VALUED AT
$157 BILLION, WHILE DEEPSEEK IS
VALUED AT MERELY 0.2% OF THAT.

THIS HAS CAUSED A MAJOR
CONCERN AMONG LARGE US
INVESTORS AS THEY'RE THINKING
THAT THE US STOCK MIGHT BE TOO
OVERVALUED NOW, AND THEY'RE
SELLING IT SINCE THE MARKET HAS
OPENED.


Checked NASDAQ and the Dow and neither have crashed.

Exactly which US stock index are you referring to?
 
Beekok will likely return, expressing dissatisfaction and complaining that the current prices are too low, similar to the past. They may request Western involvement and threaten to implement similar measures as those previously taken for electric vehicles.
 
Back
Top