why does it feels like OpenAI could be like Netscape, Lycos, AOL and other companies during the dot com boom. One of the first to market but ultimately phased out. hmmm....
Hmm..does tariff uncertainty now force US corporations to follow MSTR and GME to add $BTC to their balance sheet now?!? As Saylor said you can't tariff Bitcoin.
$GME and $MSTR have held up well today and this past weekend.
Things to Ponder.
Oh what do you know...give it a couple of days and you find out that Deepseek isn't more advanced that OpenAI and its basically equivalent to ChatGPT versions from 7-10 months ago. and that version is slightly cheaper which you would expect and hope since iterative versions of tech is supposed to be deflationary anyway.
And they used a process called "distillation" which basically to me sounds like they leveraged openAI and "build on top of it" for their version.
I am not a tech expert so this is simplified based on what I have read and understood but seems like common sense and something that was predictable.
So let me get this straight...everyone believe that out of the blue Deepseek is better than OPenAI/ChatGPT and thinks they did it for a fraction of the cost.
While the CEO of Scale AI (below) as a matter of fact has already said China has more H100s than people think.
Maybe a bit of an overreaction lol.....feels like the markets needed an excuse to sell off the S&P 500 and Nasdaq and Bitcoin a bit just to reset.
Before all the hype starts the Czech bank approved proposal for an assessment and analysis for investing in additional asset classes, such as Bitcoin.
This isn't a direct approval of implementing a BTC reserve. This is the same as Trump having a working group assess and analyze digital assets like bitcoin.
It's common sense and logical steps toward a potential of adding BTC into reserves.
JUST IN: π¨πΏ Czech National Bank approves proposal to assess investing in additional asset classes, such as Bitcoin.
Yesterday, Czech's National Bank Governor said it's "worth considering" investing in Bitcoin.
@100trillionUSD RSI looked oversold and now reversing. Could be more but if FOMC holds rates until May I think you have the market environment for the BTC pump.
So let me get this straight...everyone believe that out of the blue Deepseek is better than OPenAI/ChatGPT and thinks they did it for a fraction of the cost.
While the CEO of Scale AI (below) as a matter of fact has already said China has more H100s than people think.
Maybe a bit of an overreaction lol.....feels like the markets needed an excuse to sell off the S&P 500 and Nasdaq and Bitcoin a bit just to reset.
$BTC is looking good on the 4 hour. You have a breakout.
Again I am not a TA expert just keep it simple and use @ZeroHedge_ indicators.
The daily also has positive uptrend in MACD.
Weekly and Monthly continue to look good.
@thepowerfulHRV Yes, I think investors and traders not looking at big picture. This draw down was a from a violent move up. Big picture Saylor is patiently and diligently employing his strategy. MSTR will take off in 2025.
@ZeroHedge_ Zoom out and will always see bigger picture. So many panicked just because we have a 90-110k range for BTC in December.
BTW the @ZeroHedge_ Trading Alpha package is awesome and helps to control these types of emotions as we all are in the end just humans.