>TL;DR: NVDA is overvalued to fuck, this pump doesnt make sense, NVDA is make less in sales plus its currently under a high interest environment yet the stock has almost doubled. Im europoor so I cant afford long dated puts but i could i throw my last 600€ in my bank account into some juicy long dated puts. Now do what you want with this info.
>I think you're right that NVDA is overvalued at the moment. I also think that the AI hype is largely responsible for this, as there are a lot of people who seem to believe that AI will be some sort of magic bullet that will solve all of our problems.
However, I don't think it's realistic to expect AI to replace mining entirely. Mining still has a lot of value, especially in terms of security and decentralization. Even if AI does eventually become more efficient than mining, it's not going to happen overnight, and so I don't think we should expect NVDA's stock price to crash just becausemining becomes less profitable.
This is too complicated. Can you do an article on how I can trade international options at night when my BAC is high enough to make me feel like I'm alive?
VisualMod t1_je9b97j wrote