DeepSeek Effect for Cryptocurrency

[kai]

It seems like this is bad news about AI technology when it is present because I think DeepSeek is also an AI based in China, I learned about DeepSeek from Wikipedia.
https://id.wikipedia.org/wiki/DeepSeek
Then in my country news , there are many reports that DeepSeek actually caused losses to a company, namely NVDIA. Please check this source:

- https://www.cnnindonesia.com/teknologi/20250128132428-185-1192128/7-fakta-deepseek-yang-guncang-as-dan-bikin-rugi-ribuan-triliun-nvidia
- https://mediaindonesia.com/ekonomi/738770/setelah-rugi-600-miliar-akibat-deepseek-ai-saham-nvidia-mulai-berangsur-pulih
- https://money.kompas.com/read/2025/01/28/131936026/digoyang-deepseek-nvidia-catat-rekor-kerugian

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?

[joniboini]

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.

[Crwth]

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.

[ZAINmalik75]

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?

You 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 these dedicated graphics are using Nvidia then we are talking otherwise it is not a threat or negative news for market. Deepseek is not even working at the moment.

[hugeblack]

Most of the analysis about DeepSeek comes from people with limited experience or paid articles with the aim of getting more clicks or to stir up controversy, but there is no direct link or influence between DeepSeek and cryptocurrencies. The link between DeepSeek and NVDIA comes from the extensive use of semiconductors in the artificial intelligence industry.

[Findingnemo]

Nvidia lost their stock value because of the deepseek release and the only reason is the Chinese startup with 10 million funding managed to beat the performance of trillion dollar community so this raised the question affecting their stock value but the outcome is positive, they can't stop at any point cause they never know when they will be replaced which force them to keep working on the developments.

[kai]

...
I remember the CEO from DeepSeek also said they need more NVIDIA cards as a back-end to support their chat platform. CMIIW.

I think this is better for NVIDIA because its chips will sell better.

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:

- https://coinmarketcap.com/currencies/sleepless-ai/
- https://coinmarketcap.com/currencies/aixbt/

I mean, I thought that later there would also be coins that provide tickers with the prefix "DeepSeek", such as: Bit DeepSeek, DeepSeek Tech, etc.

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.

I also checked that this DeepSeek website is not working:


checked by Opera


checked by Tor

Btw , do you know why DeepSeek website can't acces?

[TomPluz]

I am sure that this seemingly effect of DeepSeek on cryptocurrency is more of a perception thing and this can just be a temporary one...eventually the market will forget this and just move on. What DeepSeek is bringing is making things more competitive at the least cost...and I am sure this can be a big challenge to NVIDIA and other related players in the AI industry. So what we might witness will be a big war on which AI player will eventually come out as the grand winner...and for now DeepSeek is taking the market by a storm...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. 

[Freemind]

DeepSeek has proven several things, but the most important (especially for those affected) is that hardware as expensive as Nvidia's is not necessary. This has not only caused many people to lose huge amounts of money, it has also made them think that maybe they have been cheated, when a Chinese company has outperformed that hardware for much less money. I think that gives a good new definition of "free market". Anyway I don't think DeepSeek is relevant to cryptocurrencies, just like ChatGPT wasn't, just tokens whose name ends in AI that will soon be forgotten.

~snip~
I also checked that this DeepSeek website is not working:

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.

[Tribalchief]

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.

I wasn't too sure of what must have been the problem here, until I had to go digging out what truly transpired. It's quite funny though, but in summary, the deepseek looks more like a threat to some companies considering the fact that it doesn't consume much energy, and it is far efficient. So the competition should be between fellow AI companies like meta and Openai, and maybe energy companies as well. And most especially NVIDIA.

But from the look of things, IMO, it doesn't have a direct connection with Bitcoin mining or whatsoever, because I strongly believe that all mining companies aren't using the NVIDIA products. Though, sentiment will definitely come at some point, because the crypto community is very good at that.

[armanda90]

no doubt with high technology adopting by DeepSeek get more cheapest values than Chat GPT or AI but for cryptocurrency its self bring most significant bad impact first time releasing bitcoin and altcoin price drop drastically. Its real business war between US and China but always bring bad impact for cryptocurrency its self how bitcoin get decreasing and altcoin going down twice than bitcoin price down.
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.

[Crypto Library]

Since Deepseek is already the reason behind a huge dump in the global market, we can see that many large American companies have faced huge losses after Deepseek launched. So I think  yes it is can be little bit cause for the recent dump maybe. All though the main news is not in my hand for this new dump. Even then I would like to think it as regular market correction.

[kai]

.....
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.

Pesaing dan Alternatif NVIDIA mungkin Anda suka ini:

Code: [Select]

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.

Source : https://www.gartner.com/reviews/market/data-center-and-cloud-networking/vendor/nvidia/alternatives

.....

~snip~
I also checked that this DeepSeek website is not working:

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.

My bad , thanks for notice me Mr. President , i've done checking with Google Chrome and fine here . Thank you.

....
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.

I'll guess , your respons for this moment is bad , right?
Same with me , after DeepSeek have bad story for NVIDIA and then Bitcoin Dumping again from 104.000 dollars to 97.000 dollars . Damnnnn!

[Celsius]

For DeepSeek effect, cryptocurrency markets already on Red bloody condition.
Some altcoins have fallen so much that there is no guarantee they will recover in the future.
Bitcoin may recover in the future, but there are some coins that are not in a position to recover easily.

[kai]

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?

Bitcoin may recover in the future, but there are some coins that are not in a position to recover easily.

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.