There is talk of DeepSeek everywhere. It is playing a big role in the market. Instead of this, the stock market and crypto market are seeing a big crash. There is talk of ChatGPT vs DeepSeek everywhere. What is DeepSeek? How does it work? What will be its impact? Which Alt coins are China based because DeepSeek is China based. Let’s find out.
What is ChatGPT? What is DeepSeek?
ChatGPT is open AI, it is such an AI model that it gives a response to any query. Today images and videos are being made using AI. AI has arrived in every sector. ChatGPT was made in the US. A company inside the US started it and then the government supported it. Slowly this company became so big that its valuations went into billions of dollars. Everywhere it started being said that jobs will be created through ChatGPT, ChatGPT will do something different. ChatGPT is doing a lot of things as well. Many higher level jobs have already been given to content creators. Want to write content, create excel from text, create PDF from excel, ChatGPT is doing all these tasks easily. In fact, you give me an image and I will write it completely for you. Many people are using it. This company is from the US. Many big people had invested in the ChatGPT company. Elon Musk, Facebook, Google etc. everyone started bringing their own AI. Most of the tech products were made in the US, Google, Facebook, Twitter etc were all made in the US. The US is a big global player in IT. ChatGPT was running. Everything was running smoothly. NVIDIA, the company which makes the graphic card, also crashed at a big level.
What is NVIDIA?
NVIDIA company makes graphic cards. Big GPUs are required for calculations, graphic cards are also required for crypto mining. CPU has low power, that is why GPU is used. ChatGPT was increasing in the world. The need for graphic cards was increasing, due to this the demand for NVIDIA graphic cards increased, its shares skyrocketed. NVIDIA’s shares reached an all time high. People from worldwide started investing money. Everyone was investing in the US. This company started becoming big.
From here the real game begins. China plays a very big game. The US highlights everything. China quietly builds things. Chinese children also work in technology, small children write ChatGPT code, develop things. He is making plugins, learning Java, Python, and making chips. Chinese children learn these things right from the beginning. The Chinese government also supports this ecosystem. Now China enters. China was already building things, just as Donald Trump took the oath that he will support AI and crypto. The US markets were moving on top and were performing well. DeepSeek tweet was posted in this regard.
X/Twitter Page:https://x.com/deepseek_ai/
What is API?
The US keeps the code hidden and sells it. They made it and made it open source. The code is publicly available, you can build on it, after that they put it in MIT License, use it commercially for free. They also made an API and gave it for free in the market. API means such a program, anyone can come and make their own Apps.
Now people thought that Microsoft and different companies have put billions of dollars into ChatGPT, China came up with AI and is saying use it for free. People had invested money in Open AI, people started withdrawing money. The biggest thing is the AI model inside DeepSeek. Experts in this are saying that the investment is only $5Million to $10Million. But ChatGPT’s valuation is in the billions of dollars, investors are spending more money, they will increase more money with this. China has given the app for free, use it for free.
Stock Market and Crypto Market are falling but Bitcoin is Performing Strongly:-
After the announcement from China, the US market started crashing. First of all, people sold Nvidia’s stock, Nvidia stock crashed. Nvidia’s shares went down by 20%. Microsoft’s stock also crashed. Within a day, $1 trillion was lost from the US market, this was done by a single app worth $10 million. Within nights, this application became number one trending in Apple’s App Store. When all this started happening, the crypto world also got impacted. Bitcoin also crashed, but recovered quickly. Alt coins are still down. Bitcoin is performing very strongly.
Quantum Computer:-
Such a market crash has never been seen in the last 20 years. The stock market is crashing, but Bitcoin is moving sideways. If China is working at this level, the China Quantum Computer must also be working on it. Quantum Computer is such a technology that it can do billions of transactions within a second, it must be working on it as well.
Top 5 China Alt Coins
1.NEO
NEO is a very old coin, it is called Ethereum of China in China, which means China is the Ethereum of NEO.
2.Filecoin (FIL)
3.Conflux (CFX)
This is China’s first public blockchain, Dr. Andrew is working on it, he is a scientist.
4.VeChain (VET)
5.EOS
When these coins come down, then buy. Do not buy in FOMO at all. Do your research as well.
Disclaimer
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