Nvidia erased $600b on Monday

[deppo]

In the light of DeepSeek emergence, Nvidia recorded the largest market cap drop in history in the markets breaking the previous record also held by Nvidia.

Nasdaq also dropped more than 3%, a drop like this has not been seen in a very long time.

Definitely an overreaction in the markets as shown by today where lots of assets are being offered for highly discounted prices and Nasdaq is up again.

I see this as yet another positive tailwind for BTC as USA AI dominance and billions upon billions of USD investments in AI is being questioned to say the least.

So a lot of new money will be flowing into crypto again as a way of investors diversifying away from the US tech sector.

 

[bartosimpsonio]

Like POTUS said that was a warning shot

China don't need weapons to strike us

 

[Rakzs]

Actually kind of crazy since Nvidia does far more than just AI, nothing in the grand scheme of things. Lots of social media fud and overreaction contributed after all.

 

[AleG]

Everything that goes up gets a correction.

 

[Mister Ghost]

I've just whacked £5,000 in nvidia shares as soon as it plummeted. just because i know it'll shoot up eventually.

 

[AOT]

Everything that goes up gets a correction.

This time it's not a correction.

 

[tubeboost]

Did anyone test DeepSeek AI? Seems they paused it because of high load.

 

[moonshine7000]

AI should be decentralised

 

[AleG]

Did anyone test DeepSeek AI? Seems they paused it because of high load.

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[Social Tools]

The relationship between AI developments and cryptocurrency markets is complex and not necessarily correlated

 

[bartosimpsonio]

Unresponsive
"The server is busy. Please try again later."

It's getting ddosed

 

[Mister Ghost]

It's getting ddosed

Probably told Elon...

 

[homeriscool]

Like POTUS said that was a warning shot

China don't need weapons to strike us

I've taught you well son.

 

[Moloztasss]

Still think it's a bubble people are living in. The valuations are ridiculous and sooner or later it will come down.
1 Trillion has been wiped in a day in total and i think that's just the beginning.

 

[homeriscool]

Still think it's a bubble people are living in. The valuations are ridiculous and sooner or later it will come down.
1 Trillion has been wiped in a day in total and i think that's just the beginning.

That's insane!

 

[Moloztasss]

That's insane!

Def and the fun part is that this was created by only 1 single small startup from China. Once they start releasing better quality chips and no longer need the western tech it going to be even worse.

 

[RK]

I guess its time to buy nividia shares?

 

[homeriscool]

Def and the fun part is that this was created by only 1 single small startup from China. Once they start releasing better quality chips and no longer need the western tech it going to be even worse.

The timing seems suspicious......as soon as Trump is sworn in, this happens.

Now call me skeptical.....but is this being done on purpose?

 

[Mister Ghost]

I guess its time to buy nividia shares?

Yeah i did, as soon as i so it drop, nvidia will bounce back for sure.

i missed out on the trump crypto thing, so thought i'd not miss something like this.

 

[RK]

Yeah i did, as soon as i so it drop, nvidia will bounce back for sure.

i missed out on the trump crypto thing, so thought i'd not miss something like this.

same thing... missed that as well.