As far as I know, NVDIA is very supportive of the presence of cryptocurrency because it can be hardware for cryptocurrency mining. CmiiwYou are wrong deepseek have no direct impact on the price of BTC or any other cryptocurrency. The logic you used is also not valid because most of miner don't prefer Nvidia graphics they used special dedicated graphics.
If the news about DeepSeek is negative, then the trend of AI in cryptocurrency must also be negative, what do you think about DeepSeek effect for the cryptocurrency business?
...I think this is better for NVIDIA because its chips will sell better.
I remember the CEO from DeepSeek also said they need more NVIDIA cards as a back-end to support their chat platform. CMIIW.
The DeepSeek effect has been enormous in terms of the value of having GPUs to process AI requests because you only need a little power compared to other AI requests. It has been a disruptive technology that has affected the stocks themselves. Since GPUs are also part of the cryptocurrency space, they have affected the market price. Maybe some people just rotated towards the DeepSeek phenomena and invest it or just cashed out.Basically I also think like that because cryptocurrencies are now also launching many AI-based coins such as:
I also checked that this DeepSeek website is not working:As far as I know, NVDIA is very supportive of the presence of cryptocurrency because it can be hardware for cryptocurrency mining. Cmiiw.....
If the news about DeepSeek is negative, then the trend of AI in cryptocurrency must also be negative, what do you think about DeepSeek effect for the cryptocurrency business?
Deepseek is not even working at the moment.
~snip~
I also checked that this DeepSeek website is not working:
I think you misunderstood this. DeepSeek is considered to be very competitive hence why NVIDIA stock got wiped because traders believe it's overpriced, not necessarily because DeepSeek attacked the stock or something similar. If anything it's actually a positive development because they offer a better algorithm that makes AI development faster at a lower cost. I remember the CEO from DeepSeek also said they need more NVIDIA cards as a back-end to support their chat platform. CMIIW.
.....Pesaing dan Alternatif NVIDIA mungkin Anda suka ini:
now how will competitors respond to this development can be something worth watching because I am sure that non-China players would not allow themselves to lose their market share.
Cisco Systems
Juniper
Arista Networks
Dell Technologies
Extreme Networks
Huawei
Broadcom (VMware)
Lenovo
I think this company will surpase if NVIDIA always have FUD like this from DeepSeek. Like as in cryptocurrency , every FUD always making Dump altcoins......My bad , thanks for notice me Mr. President , i've done checking with Google Chrome and fine here . Thank you.~snip~I just visited the website (clearnet) and it works without problems. As for Tor, it's possible that DeepSeek administrators could ban certain Tor exit nodes.
I also checked that this DeepSeek website is not working:
....I'll guess , your respons for this moment is bad , right?
Seems the business war conflict between DeepSeek and AI keep going on how bitcoin touch another lower price in this week under $97k and keep continue for decreasing price.
For DeepSeek effect, cryptocurrency markets already on Red bloody condition.It really hurts me to see this effect because when there was bad news about DeepSeek and at that time the cryptocurrency went down in blood red.
Some altcoins have fallen so much that there is no guarantee they will recover in the future.Did you hold Altcoins too before this DeepSeek news came out and made your portfolio go down?
Just look at Pancake coin or $CAKE, it goes down so fast and it's so hard to go up, just like Raydium or UNIswap token.
Bitcoin may recover in the future, but there are some coins that are not in a position to recover easily.
I also checked that this DeepSeek website is not working:Do not know the real reason, but a few days ago I heard there was some attack on their site I don't even know if this is the real site because I just searched deekseek and this sites appears I clicked and it was not responding, I doubt if it works on tor because most of these sites use java scripts and tor browser stops them.
Btw , do you know why DeepSeek website can't acces?
~If they are really some good projects like what they advertise, they should be able to adjust to the current market conditions. I think articles comping out about negative effect of deepseek are some kind of a black propaganda because of competition but if all it took is deepseek to sink these altcoins, then that must mean they don't really have anything to offer.
Bitcoin may recover in the future, but there are some coins that are not in a position to recover easily.
As far as I know, NVDIA is very supportive of the presence of cryptocurrency because it can be hardware for cryptocurrency mining. CmiiwWell Deepseek indeed a chinese product nothing to fear as they have open-sourced it for a reason, and yeah NVDIA's hardware was being used to mine cryptocurrency but that's not the reason that the stock of NVDIA dropped and of crypto too, the real impact done by the flow of money for example when people find Deepseek stock more attracted and beneficial they would flow their money from crypto and NVIDA to deepseek that's a valid reason.
If the news about DeepSeek is negative, then the trend of AI in cryptocurrency must also be negative, what do you think about DeepSeek effect for the cryptocurrency business?
Now the hype for deepseek is finished because it is not really that good and it's data is also limited to some month of 2023 as I tried to check the latest news and it tell we are limited to this date just like at start GPT was.
As for me, DeepSeek will just be another player in the AI market and this is good because we would have a healthy competition that can challenge all players to innovate so they won't be left behind in the race.I'm not really an AI user myself but how much does this progress affect crypto in general? Other than improving trading bots or maybe mining algorithm/scalability I can't seem to find more use cases. If anything I see myself using this tech for other stuff like the DLSS/FSR with ML supports. Hopefully, it doesn't get too intrusive with OS asking to collect your data and so on. Feels kinda weird since there is a high chance they use their users to collect data too.
Do not know the real reason, but a few days ago I heard there was some attack on their site I don't even know if this is the real site because I just searched deekseek and this sites appears I clicked and it was not responding, I doubt if it works on tor because most of these sites use java scripts and tor browser stops them.
You should give it a try on another browser who have no restrictions on scripts. Because on my end the site opened but I was unable to register account, they have also shared what really is happening to their site by giving an alert on top. They are having large malicious attacks.
If they are really some good projects like what they advertise, they should be able to adjust to the current market conditions. I think articles comping out about negative effect of deepseek are some kind of a black propaganda because of competition but if all it took is deepseek to sink these altcoins, then that must mean they don't really have anything to offer.
You have found the keyword, propaganda. All the negative articles and opinions we can find about DeepSeek come from one of the most affected companies, Nvidia, and other North American companies. DeepSeek made Nvidia lose a lot of money, that's true, but it's also true that Nvidia's (very expensive) hardware was not necessary for AI.I don't think Nvidia is significantly impacted by DeepSeek, even though the NVDA stock price has dropped quite a bit since then. From a trader perspective, I think the correction is inevitable for the NVDA price chart, it rose too fast and can't keep rising indefinitely ^^
Nvidia and OpenAI are the big losers, while DeepSeek and open source software are the winners in all this.
I don't think Ddeepseek will cause any damage to the crypto market, Nvidia has suffered because many GPUs were needed to run AI models before. Which Nvidia supplied. But after the arrival of deepseek, very few GPUs Power are needed to Run AI models.It's not all about the technical terms of how this and that requires to run. But it's about the buzz that these tech companies and countries involved into these modern technologies. China has something to do with deepseek and NVIDIA is their main competitor for the innovation of AI. It's normal to see that investors go to something that's still new but has the potential. The only thing that it can be related to the crypto market is about the GPUs that can be used for mining altcoins. Remember on how GPUs were very limited due to the miners demand and that's how it affected the market but this time, there could still have some affection but not as big as before.
This reduced Nvidia's stock. Because Deepseek is an open source project. So I think there will be no damage to the cryptocurrency due to this deepseek.
Well, actually, from my end, I’ve seen a lot of positive discussions about DeepSeek. I haven’t interacted with it much myself, but I have friends who have been exploring it. Some even say they prefer DeepSeek over ChatGPT. So no, I don’t think anything will negatively impact the AI cryptocurrency narrative.
I've used both and experimented on it, and I will say that they are almost the same. The thing though when China releases it, Deepseek was on the way to challenge ChatGPT that's why it did make a lot of waves and it did have some negative effect in the beginning as the crypto market plunges when it was released to the public.You guys are outdated. :D
ERNIE Bot seems to be designed to upgrade from DeepSeek, I think China is one step ahead of the others and I am sure China in the next 3 years will have the latest AI technology.I've used both and experimented on it, and I will say that they are almost the same. The thing though when China releases it, Deepseek was on the way to challenge ChatGPT that's why it did make a lot of waves and it did have some negative effect in the beginning as the crypto market plunges when it was released to the public.You guys are outdated. :D
Right now China is already on top *again* with Baidu's new IA: ERNIE 4.5 & X1
https://x.com/Baidu_Inc/status/1901089355890036897
Half price of Deepseek, which was half price of other USA based IAs... Now cheaper and better than OpenAI most powerful model which costs a shit ton of money. :P
ERNIE Bot seems to be designed to upgrade from DeepSeek, I think China is one step ahead of the others and I am sure China in the next 3 years will have the latest AI technology.I've used both and experimented on it, and I will say that they are almost the same. The thing though when China releases it, Deepseek was on the way to challenge ChatGPT that's why it did make a lot of waves and it did have some negative effect in the beginning as the crypto market plunges when it was released to the public.You guys are outdated. :D
Right now China is already on top *again* with Baidu's new IA: ERNIE 4.5 & X1
https://x.com/Baidu_Inc/status/1901089355890036897
Half price of Deepseek, which was half price of other USA based IAs... Now cheaper and better than OpenAI most powerful model which costs a shit ton of money. :P
DeepSeek changed from ERNIE at this time, maybe in the next 3 years it will change again to bla bla bla bot or 0000 Bot, I am sure with the update in China is very fast and allows this AI technology to also be updated very quickly.
Sorry, I don't understand about the price of DeepSeek. Is the price you mean cheap like below?I think the key here is that they are cheap, that's why it might disrupt several industries not just crypto. Yeah, China is really very quick with their update so who knows, what they can developed next.ERNIE Bot seems to be designed to upgrade from DeepSeek, I think China is one step ahead of the others and I am sure China in the next 3 years will have the latest AI technology.I've used both and experimented on it, and I will say that they are almost the same. The thing though when China releases it, Deepseek was on the way to challenge ChatGPT that's why it did make a lot of waves and it did have some negative effect in the beginning as the crypto market plunges when it was released to the public.You guys are outdated. :D
Right now China is already on top *again* with Baidu's new IA: ERNIE 4.5 & X1
https://x.com/Baidu_Inc/status/1901089355890036897
Half price of Deepseek, which was half price of other USA based IAs... Now cheaper and better than OpenAI most powerful model which costs a shit ton of money. :P
DeepSeek changed from ERNIE at this time, maybe in the next 3 years it will change again to bla bla bla bot or 0000 Bot, I am sure with the update in China is very fast and allows this AI technology to also be updated very quickly.
DeepSeek Chat: $0.07 for 1 million token input with cache hit, $0.27 for 1 million token input with cache miss, and $1.10 for 1 million token output.
DeepSeek Reasoner: $0.14 for 1 million token input with cache hit, $0.55 for 1 million token input with cache miss, and $2.19 for 1 million token output.
And we don't need to wait for the next 3 years, maybe at the end of the year, they will have a new iteration that is again very cheap as compare to the US AI and that everyone can afford to used it and harness it's power.Ah yes, China's innovation is skyrocketing very quickly. China's thinking is so impressive.
Sorry, I don't understand about the price of DeepSeek. Is the price you mean cheap like below?You can compare the price between most LLMs here: https://llmpricecheck.com/
Source : https://team-gpt.com/blog/deepseek-pricing/QuoteDeepSeek Chat: $0.07 for 1 million token input with cache hit, $0.27 for 1 million token input with cache miss, and $1.10 for 1 million token output.
DeepSeek Reasoner: $0.14 for 1 million token input with cache hit, $0.55 for 1 million token input with cache miss, and $2.19 for 1 million token output.
In this AI business, DeepSeek's price does look cheap and I've checked it just now. So, it's natural that everyone chooses DeepSeek.Sorry, I don't understand about the price of DeepSeek. Is the price you mean cheap like below?You can compare the price between most LLMs here: https://llmpricecheck.com/
Source : https://team-gpt.com/blog/deepseek-pricing/QuoteDeepSeek Chat: $0.07 for 1 million token input with cache hit, $0.27 for 1 million token input with cache miss, and $1.10 for 1 million token output.
DeepSeek Reasoner: $0.14 for 1 million token input with cache hit, $0.55 for 1 million token input with cache miss, and $2.19 for 1 million token output.
When DeepSeek launched, it cost half of what other models from OpenAI costed and it had pretty much the same quality on its answers and capabilities.
I remember migrating entirely to deepseek before it exploded on the media and started being unusable due to the high suddenly traffic. :POh how is that possible?
Oh how is that possible?Well, because they have limited GPUs, specially because they are Chinese and the USA has put many limitations for them to adquire the necessary hardware (i.e NVIDIA cards). Running a full LLM is very very expensive, when you have thousands of people prompting their model, there isn't enough room for all of them and the service gets the famous "busy, try again" error. :P
I thought DeepSeek would not experience traffic jams, but it turns out it's the same as other formal websites like Facebook servers that sometimes go down.
That means AI technology also has its limitations and all technological systems in this world are not perfect, there must be shortcomings that are experienced.Oh how is that possible?Well, because they have limited GPUs, specially because they are Chinese and the USA has put many limitations for them to adquire the necessary hardware (i.e NVIDIA cards). Running a full LLM is very very expensive, when you have thousands of people prompting their model, there isn't enough room for all of them and the service gets the famous "busy, try again" error. :P
I thought DeepSeek would not experience traffic jams, but it turns out it's the same as other formal websites like Facebook servers that sometimes go down.