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Title: DeFi tokens - do they have a real value? Post by: r32godzilla on August 17, 2020, 03:12:28 PM Hi guys,
I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: kindbtc on August 17, 2020, 03:43:24 PM Hi guys, You are right and most people are taking DeFi as a bubble too but i do support the concept because i think it will have more and more applications, use cases and products in the furure.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D People should be careful about not throwing everything into defi, still diversification seems to be the right strategy. Title: Re: DeFi tokens - do they have a real value? Post by: serjent05 on August 17, 2020, 04:06:36 PM I also have the same thought here. But I think we need to look much deeper on the application of DeFi before jumping into conclusion. What we saw is just the outer layer of the currently functioning DeFI system but I think there is more than just loans and selling tokens. AS far as I know DeFi aims to be an alternative to the global finance system. We can learn more about DeFi on this article titled: Decentralized Finance: An Emerging Alternative to the Global Financial System (https://www.visualcapitalist.com/decentralized-finance/)
Here is the quoted part of that article: The Potential Impact of Decentralized Finance Here are five ways that decentralized finance will have an impact on the world: 1. Wider Global Access to Financial Services With decentralized finance, anyone with an internet connection and a smartphone could access financial services. There are a variety of barriers that prevent access in the current system: Status: Lack of citizenship, documentation, credentials, etc. Wealth: High entry-level funds required to access financial services Location: Vast distance from functioning economies and financial service providers In a decentralized financial system, a top trader at a financial firm would have the same level of access as a farmer in a remote region of India. 2. Affordable Cross-Border Payments Decentralized finance removes costly intermediaries to make remittance services more affordable for the global population. In the current system, it’s prohibitively expensive for people to send money across borders: the average global remittance fee is 7%. Through decentralized financial services, remittance fees could be below 3%. 3. Improved Privacy and Security In decentralized finance, users have custody of their wealth and can transact securely without validation from a central party. Meanwhile, in the current system, custodial institutions put people’s wealth and information at risk if they fail to secure it. 4. Censorship-Resistant Transactions In a decentralized financial system, transactions are immutable and blockchains can’t be shut off by central institutions like governments, central banks, or big corporations. In places with poor governance and authoritarianism, users can divest to the decentralized financial system to protect their wealth. For example, Venezuelans are already adopting Bitcoin to protect their wealth from government manipulation and hyperinflation. 5. Simple Use Plug and play apps will allow people to intuitively use decentralized financial services without the complexity of the centralized system. With a decentralized system, a woman in the Philippines could receive a loan from the U.S., invest in a business in Colombia, and then pay off her debt and purchase a home – all through interoperable apps. The Potential Blue Sky Unless governments and central banks suddenly cease to exist, it’s difficult to imagine a world where decentralized finance completely replaces their centralized counterparts. But what if they can co-exist? Public blockchains can interact with the traditional financial system to create a new hybrid model: Users could conduct economic activity on public blockchains and exchange their new wealth into the centralized system. Users could hedge against systemic risk by diversifying their wealth holdings in both the central and decentralized system. Like the internet with knowledge, decentralized finance could help democratize the financial system. Title: Re: DeFi tokens - do they have a real value? Post by: masterrex on August 17, 2020, 04:15:28 PM Same as before mate, people are just speculating about the real value of Defi tokens, and because the market is improving this time many investors are willing to gamble especially with those Defi projects, the hype is pretty much alive in Defi tokens today thats why its good to know that most of the cryptocurrencies are also experiencing price increase. overall its good for us but the question is how long it will sustain.
Title: Re: DeFi tokens - do they have a real value? Post by: Mulann2 on August 17, 2020, 04:25:03 PM for now I think it is more of speculation and hype is pumping the price, the actual value is yet to be determined because I don't think anyone have already start to use the platform, people are just interested in riding the market trend and make money while they can, I think there maybe few genuine defi project like Dia but it is still too early to know if people will request their service.
Title: Re: DeFi tokens - do they have a real value? Post by: AbuBhakar on August 17, 2020, 04:34:09 PM I also have the same thought here. But I think we need to look much deeper on the application of DeFi before jumping into conclusion. What we saw is just the outer layer of the currently functioning DeFI system but I think there is more than just loans and selling tokens. AS far as I know DeFi aims to be an alternative to the global finance system. We can learn more about DeFi on this article titled: Decentralized Finance: An Emerging Alternative to the Global Financial System (https://www.visualcapitalist.com/decentralized-finance/) The article explains it all, people now maybe were just joining the hype without studying it since its a sure profit in a short time if they will be able to buy and sell now because some DeFi projects Sets record now or if they will sell before the hype ends, the question will be is for a long term investment and it's usefulness in the community. The article enumerates it advantages and importance but some people still fears it might be like in ICO before. There were only few projects from 2017 or before 2017 that is still active now some even do rebranding of their token or product to keep the business, will DeFi projects will still be active after Pandemic or 5 years from now?Their real value will only be known in the future. Title: Re: DeFi tokens - do they have a real value? Post by: Rodeo02 on August 17, 2020, 04:38:39 PM Hi guys, I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D in case that things happen they need to have backup plan to use their tokens to other ways not only for loans. I agree its better to have a platform that use popular crypto currency as collateral for loans or loan interest in that case investors will not be much worried about the money they invested in a project and use their tokens to other things or remove it since there is no way they can have the demand they need always. Title: Re: DeFi tokens - do they have a real value? Post by: OcTradism on August 17, 2020, 04:56:28 PM Like YFI, it reminds me the days when Ethereum and DASH was trade above $1000. Crazy days I have ever seen. The value of YFI is even higher because back in those days, Ethereum was traded around 0.15 BTC/ ETH. Now YFI has been traded more than 0.6 BTC for each YFI. It was launched and skyrocketed to Moon. Is life easy as this? I will look at it next 3 to 6 months guys. Good luck to anyone who invest in and believe in tech revolution from YFI.
Title: Re: DeFi tokens - do they have a real value? Post by: Zeehaxan on August 17, 2020, 05:00:33 PM Hi guys, I will not comment on real value as of yet because majority of these defi projects have yet to prove themselves as sustainable business models but the thing that has been proven is that defi is the big new trend and it is already driving the bull market and seems like it is just the start and bulls will be massive this time.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: cabron on August 17, 2020, 05:36:51 PM Taking a load is always good. I don't think it will ever stop actually, margin trading had been around even before cryptocurrency trading it already is in the concept in forex market.
Fortunately for the holders, they will really shill for whichever defi project they hold. Defi seems to be hyped so much but its really becoming a good project if you can just get into the project at the right price. Title: Re: DeFi tokens - do they have a real value? Post by: Phoenix_PROG on August 17, 2020, 05:45:32 PM Hi guys, There is no motivation to buy Chainlink ?, there is no motivation to buy Compound and DIA ? don't categorize all DeFi projects as one, the difference is significant, you should be advising people to invest in DeFi projects that are more than the hypes, do research on these projects I mentioned and see how useful their utilities are and judge later I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: Josefjix on August 17, 2020, 05:50:15 PM You just outlined only the surfaces of Defi projects/tokens loans won't be stopped as far as people need money for different reasons and it is a matter of urgency when you don't have the needed money at hand; you will definitely opt for the available money( lender who is ready to loan you).
@Phoenix_PROG, Just highlighted some of the great Defi projects out there, it isn't just about the hype some of these Defi tokens have a significant contribution to make to their various long-term investors. Title: Re: DeFi tokens - do they have a real value? Post by: bttmember on August 17, 2020, 06:20:32 PM Hi guys, Most of the value that all these defi tokens are getting is due to massive hype and fomo in the market because most people are panic buying in huge amounts because they do not want to miss out on massive gains but all this situation can be risky and prices may go down when the demand slows down.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: @baoli on August 17, 2020, 06:46:59 PM I want to see it a bit different from you. For example Govt always need money. Govt sales their bond every month to raise money to fund projects. So Defi will always be there people will always look for money to run their project.
Title: Re: DeFi tokens - do they have a real value? Post by: kingzpro on August 17, 2020, 06:51:09 PM I have seen people already making life changing profits that too in short span of time via defi tokens, all they did was jumped in as early as possible, prime example is paraswap who sold their tokens called swap for upto 1 cent and now you can check the price there are other fascinating examples as well but i have personally seen swap very closely and was about to enter at 5 cents but missed out.
Only time will tell if this value was real or just out of the blues. Title: Re: DeFi tokens - do they have a real value? Post by: Gunday_07 on August 17, 2020, 06:56:23 PM Hi guys, Stop complaining, get in the game and make some nice ROI in a very short time before it's over, where I'm more confused is why you wearing OIKOS project signature and yet you talking against DeFi projects in general, few DeFi projects have very good use case I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: Claudio99 on August 17, 2020, 07:30:01 PM OP you need to DYOR on these DeFi projects, ICO ruined many investors trust after 2017 bullrun and don't expect DeFi to get investors this crazy if DeFi is nothing but another unless Hype, as a matter of fact DeFi is much more, take time and do some research on the top rated DeFi projects like COMP, Synthetix, DIA, Oikos, Chainlink and try to see their use cases
Title: Re: DeFi tokens - do they have a real value? Post by: Skinny48 on August 17, 2020, 07:37:32 PM Hi guys, I'm kind surprised that this is coming from a hero member on btt, research should be very important to high ranking members like yourself, why throwing around this doubtful thoughts about DeFi projects when you can just do some research? I'm confusedI would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: milewilda on August 17, 2020, 08:18:34 PM Like YFI, it reminds me the days when Ethereum and DASH was trade above $1000. Crazy days I have ever seen. The value of YFI is even higher because back in those days, Ethereum was traded around 0.15 BTC/ ETH. Now YFI has been traded more than 0.6 BTC for each YFI. It was launched and skyrocketed to Moon. Is life easy as this? I will look at it next 3 to 6 months guys. Good luck to anyone who invest in and believe in tech revolution from YFI. No, but people who do just recently able to join up this crypto space will definitely say that line on where they do believe that making money would really be easy specially if they have seen that price had skyrocket 7x in a short span of time which is the thing that do happen with YFI. Not to be bitter but this is just being hyped and for those who do able to purchase or enter when its price is still 1k then its better to sell it out on the current price because that would already be the sweetest spot to do so.If price increase or hype is already over then expect that the correction or dump would really be much more worst. Title: Re: DeFi tokens - do they have a real value? Post by: nelson4lov on August 17, 2020, 08:34:25 PM ~ The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? I have no doubt that the technology behind decentralized financial products is innovative and will play a wider role in ensuring that mass adoption gets to the crypto space. But the way people are going crazy about it makes me remember the good old ICOs days when we thought the ICO boom and good time will continue forever. Right now, not all DeFi projects are worth their current valuation and a couple of them would fail, take YAM for example. The project valuation went from $60M to literally zero and people who fomo in lost a great deal. What's my thoughts on this? - Despite the fact that DeFi all the rage these days, it doesn't mean we should skip doing our research or allowing our greed to be in control. - DeFi products are actually the next big thing in crypto. - like ICOs, not all DeFi projects will succeed. I'm kind surprised that this is coming from a hero member on btt, research should be very important to high ranking members like yourself, why throwing around this doubtful thoughts about DeFi projects when you can just do some research? I'm confused Being a high ranked member doesn't mean he knows everything. He just asked a question on a subject matter he couldn't wrap his head about. Title: Re: DeFi tokens - do they have a real value? Post by: Jackl87 on August 17, 2020, 08:35:26 PM DeFi is the current trend and hype in crypto, therefore i think that a lot of Defi projects are overpriced at the moment compared to what they offer.
Some of them are straight up money grabs that juts put Defi in their name to benefit from the latest hype. And then there are Defi projects that have a great team and a real use-case and could be very succesful in the longterm. Title: Re: DeFi tokens - do they have a real value? Post by: tyoA7X on August 17, 2020, 08:54:32 PM can't be sure Defi will be popular with investors going forward but what I see now investors prefer to invest in token defi so that many token defi high pump
Title: Re: DeFi tokens - do they have a real value? Post by: 7788bitcoin on August 17, 2020, 09:10:34 PM I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. The value is determined by the open market and there are certain projects that are attracting investors and hence the price is going higher and once they dump the coin it will go down. Majority of the investors are familiar with the trends and they understand when to dump the coins.one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? Are you talking about people stop taking loans from specific projects or as a whole, the market will be competitive and as long as they are providing a competitive loan people will use them, i am yet to venture this space completely. Title: Re: DeFi tokens - do they have a real value? Post by: Japinat on August 17, 2020, 09:41:09 PM Everything in the crypto space have some value, but it's a matter of competition and some of them are bound to failed.
It's just that there's a hype in DeFi projects now, but it doesn't mean all of them are a good investment, just like an altcoins, some of them are shitcoins, so still research is important, don't go with the hype right away, look at the long term potential of the project or if you would like to play the short term movement, at least do have some trading skills to benefit from the hype. Title: Re: DeFi tokens - do they have a real value? Post by: torrantz on August 17, 2020, 11:32:00 PM can't be sure Defi will be popular with investors going forward but what I see now investors prefer to invest in token defi so that many token defi high pump The only legit defi token that has already got so many attention from the investors. The investors will be seeing what will be the role of the token in the defi. The hype will no see whether the token has a very important role in the platform or not. Title: Re: DeFi tokens - do they have a real value? Post by: Pamadar on August 17, 2020, 11:36:11 PM can't be sure Defi will be popular with investors going forward but what I see now investors prefer to invest in token defi so that many token defi high pump The only legit defi token that has already got so many attention from the investors. The investors will be seeing what will be the role of the token in the defi. The hype will no see whether the token has a very important role in the platform or not. Many developers are riding with this hypes and the attentions of investors are with this projects, better to make sure to review the usage and the offers of the project developers before jumping to this investment. Lots of people will lose their money if they will not investigate the projects that they are supporting not because its been build to DeFi system means that it will be fully developed. Title: Re: DeFi tokens - do they have a real value? Post by: molder555 on August 18, 2020, 12:38:53 AM Hi guys, I Also agree to your understanding that DeFi is too hyped at this moments, but I think people who invest to these kinds of projects is aware of things that is happening in DeFi otherwise their investments would be much riskier as they hold on to this kind of project that they would not have knowledge about. I also think that DeFi projects will end on a good note, because the community is not just hyped but they're really active about the developments and about the future plans about DeFi.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: serjent05 on August 18, 2020, 05:15:12 AM can't be sure Defi will be popular with investors going forward but what I see now investors prefer to invest in token defi so that many token defi high pump The only legit defi token that has already got so many attention from the investors. The investors will be seeing what will be the role of the token in the defi. The hype will no see whether the token has a very important role in the platform or not. Many developers are riding with this hypes and the attentions of investors are with this projects, better to make sure to review the usage and the offers of the project developers before jumping to this investment. Lots of people will lose their money if they will not investigate the projects that they are supporting not because its been build to DeFi system means that it will be fully developed. Not only that, but others also exploit the hype on DeFi maliciously. I think it is happening again. As the ICO become popular, lots of scam projects were launched using its method. Now that DeFi is in its massive hype, I am sure scammers will start creating a scam project and use DeFi hype to lure victims into their trap. So we better be vigilant and always DYOR when tackling or investing in newly launched DeFi projects. Title: Re: DeFi tokens - do they have a real value? Post by: Squezzi55 on August 18, 2020, 06:30:43 AM Make sure you do research on popular DeFi projects just as you would go on coinmarketcap to get lists of top altcoins on CMC, do not make mistake by investing on any DeFi projects you see, that's a wrong move, DeFi hype have make scammers building scam DeFi projects just like ICO days
Title: Re: DeFi tokens - do they have a real value? Post by: wowz2010 on August 18, 2020, 07:04:15 AM for sure there are a lot of worthless tokens, but there are a handful of useful ones that deserve attention, investments and the growth that recently happened.
I see this defi madness as an opportunity for worthy projects to rise and shine, and as it was in 2017 most of the others will fall over time Title: Re: DeFi tokens - do they have a real value? Post by: Inkdull on August 18, 2020, 07:09:15 AM DeFi won't be this big if they have nothing to offer crypto space and crypto users, the reason why everyone is judging DeFi projects is because they never take their time to do their own research first, those popular DeFi projects are actually good
Title: Re: DeFi tokens - do they have a real value? Post by: joshua123 on August 18, 2020, 07:15:21 AM Make sure you do research on popular DeFi projects just as you would go on coinmarketcap to get lists of top altcoins on CMC, do not make mistake by investing on any DeFi projects you see, that's a wrong move, DeFi hype have make scammers building scam DeFi projects just like ICO days Actually you are right. There are lots of projects seen on twitter that launching an ICO for short term then will set liquidity on uniswap. Afterwards they will gone like a wind. Ive losses on some short term shitcoin Ive risk to invest with. I think its time to find a real valuable defi project and avoid shitcoins. Title: Re: DeFi tokens - do they have a real value? Post by: hrunya102 on August 18, 2020, 07:33:51 AM The fall will be very painful, like an avalanche because of the fact that you will need to sell quickly to minimize losses. But now I can still make money on defi, so I will do it.
Title: Re: DeFi tokens - do they have a real value? Post by: PerfectCircle on August 18, 2020, 07:37:51 AM Those who are in danger investing in DeFi projects are those who don't take time to do research, you can't just invest in DeFi projects because they carry the name ' DeFi ' this will lead to losing your money in a very short time, find the real DeFi projects among the fake ones
Title: Re: DeFi tokens - do they have a real value? Post by: r32godzilla on August 18, 2020, 07:47:17 AM I understand that DeFi protocols has various use cases, but I am talking that these tokens, currently there are hundreds of it has a one use case - only DeFi. And when this hype ends, probably a lot of them will fall into the death spiral. :'(
Title: Re: DeFi tokens - do they have a real value? Post by: Wingsbtc on August 18, 2020, 07:48:43 AM DeFi projects have good use cases that's why they are creating bso much hypes lately, for example do some research on chainlink and you will see what I'm talking about, there will always be some bad eggs but you can avoid them with research
Title: Re: DeFi tokens - do they have a real value? Post by: landoffaucets on August 18, 2020, 08:05:22 AM Nice to see that all of us promoting DeFi tokens in our signature. It is a trend and we have to take this opportunity and earn what is valuable right now. Bounty hunters for the first time in the history will be more careful with selling DeFi tokens because they loose an option of getting passive income :).
Title: Re: DeFi tokens - do they have a real value? Post by: Ceyflix-Rez on August 18, 2020, 08:28:59 AM It doesn't matter which platform a DeFi project is running on, either Tron network or Ethereum smart contract I care less, what I'm after is the real use case of the projects, some DeFi projects have nothing to offer than lies and the DeFi hype
Title: Re: DeFi tokens - do they have a real value? Post by: Rowenta on August 18, 2020, 08:41:58 AM DeFi projects success is undeniable, ICO experience have thought many investors how to be careful around new projects and I'm glad that DeFi is different from ICO completely, decentralized Finance just works better is all
Title: Re: DeFi tokens - do they have a real value? Post by: semobo on August 18, 2020, 08:56:04 AM Hi guys, People just care about taking loans only at the moment but which itself needs the collateral, they can sell them to make the money they wanted but still they are exploiting the defi tokens to make profits.Its just a short term so one who act first can make millions and rest will be nothing left.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: RabbiTANK on August 18, 2020, 09:09:53 AM Whales are going in deep into DeFi projects that's why LINK hits 17$ to 20$ hours back, impressive right? Well this is just the beginning, whales are crypto experts who've been around for so long and investing in DeFi projects means they knew what they are doing, the top DeFi projects today are very promising and good for long term hold
Title: Re: DeFi tokens - do they have a real value? Post by: yhiaali3 on August 18, 2020, 09:23:00 AM As is always the case, when people start interested in something new there is a lot of excitement and talk about this thing, as is happening now with the decentralized financing projects DeFi and its tokens, so I think people will calm down and stop this rush and then we see what tokens with good projects That could stay.
I think there is a lot of it will end and people will forget and only a few DeFi tokens that have a real value will remain but we need some time and wait to see results. Title: Re: DeFi tokens - do they have a real value? Post by: tvplus006 on August 18, 2020, 09:55:33 AM You are right and most people are taking DeFi as a bubble too but i do support the concept because i think it will have more and more applications, use cases and products in the furure. People should be careful about not throwing everything into defi, still diversification seems to be the right strategy. Now with DeFi, what we saw in 2017 with the ICO is happening. Many people don't know what this is, but they see a 100% price increase in 1-2 days, and they also start buying these tokens at a higher price, thereby maintaining the hype. We have also seen how it will end, but now there is a great opportunity to earn money on DeFi. Title: Re: DeFi tokens - do they have a real value? Post by: casperBGD on August 18, 2020, 10:00:48 AM You are right and most people are taking DeFi as a bubble too but i do support the concept because i think it will have more and more applications, use cases and products in the furure. People should be careful about not throwing everything into defi, still diversification seems to be the right strategy. Now with DeFi, what we saw in 2017 with the ICO is happening. Many people don't know what this is, but they see a 100% price increase in 1-2 days, and they also start buying these tokens at a higher price, thereby maintaining the hype. We have also seen how it will end, but now there is a great opportunity to earn money on DeFi. yeah, one should know that most of these projects will not see the end of the year successfully, there is just too many projects, even if all of them are with good management and realistic road-map, and that is also not a fact, since most share same idea that is not their own nevertheless, one could earn some money in the process, but could lose everything as well Title: Re: DeFi tokens - do they have a real value? Post by: qwizzie on August 18, 2020, 11:27:00 AM Quote DeFi tokens - do they have a real value? They have real high fee value, as in .. really really high fees. As in $100 high fees. $99 Gas Fees on Ethereum Are Crippling DeFi’s Growth https://cointelegraph.com/news/99-gas-fees-on-ethereum-are-crippling-defis-growth Quote While the average Ethereum transaction fee is more than the daily income in many countries, the additional smart contract executions needed to engage with DeFi protocols has seen users report fees of up to $100. Title: Re: DeFi tokens - do they have a real value? Post by: Crypto_lion on August 18, 2020, 02:06:02 PM I think their value is in the limited supply which they are offering and the the staking rewards which they are giving using the preminted locked coins. The model is definitely having nsome flaws.
Title: Re: DeFi tokens - do they have a real value? Post by: zasad@ on August 18, 2020, 02:28:12 PM Hi guys, Good projects will grow, new projects will enter the market. Unsuccessful projects will disappear from the market.I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D This is a very huge pie and every market participant will want to take a bite of the pie. Currently, the Ethereum network cannot provide high transaction speed, but after the launch of ETH 2.0 phase 2, the rally will begin. What is happening now is a small prelude to the main performance. Title: Re: DeFi tokens - do they have a real value? Post by: OcTradism on August 18, 2020, 02:45:48 PM Good projects will grow, new projects will enter the market. Unsuccessful projects will disappear from the market. Projects come and go every day, every year. Only projects that are strong enough to survive after 4 years in the market, and enjoy many cycles and situations in the market during 4 years at least can be called as lively projects. It does not mean they are successful projects but they are among projects that can survive in next 4 years.This is a very huge pie and every market participant will want to take a bite of the pie. Currently, the Ethereum network cannot provide high transaction speed, but after the launch of ETH 2.0 phase 2, the rally will begin. What is happening now is a small prelude to the main performance. From coinmarketcap.com I see many projects that die gradually after first one or 2 years and did not wake up after that. Their developers (scam or incapable) choose to do easier thing, launch a new project, join the hype and get easy money rather than spend huge efforts to keep their old projects alive and upgrade it technically. I see some methods: swap (from outdated algorithm to new one), swap from failed protocol to new one, etc. Title: Re: DeFi tokens - do they have a real value? Post by: Apostlekin$$$ on August 18, 2020, 02:49:44 PM I belief no single whale will invest in DeFi tokens if they have no good use at all, you should be curious and do research on these top DeFi projects to see for yourself why they are on top of every crypto charts if the month
Title: Re: DeFi tokens - do they have a real value? Post by: CryptopreneurBrainboss on August 18, 2020, 03:39:36 PM Hi guys, I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. If they don't then they will not be recording such huge profit as they're. The likes of $Link can be used as a case study. I think I don't have to go into all the details since it's quite obvious from the contribution above, that area have been covered. Although most project are taking advantage of the hype to decieve Investors into patronizing their projects still there are great ones out there that would be big in future. I believe one of the ways to stay safe in this hype is not to rush into anyone out there but take your time to research further in understanding it. I know because I have fallen a victim not too long ago. Title: Re: DeFi tokens - do they have a real value? Post by: mardaed on August 18, 2020, 03:51:58 PM Hi guys, I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. If they don't then they will not be recording such huge profit as they're. The likes of $Link can be used as a case study. I think I don't have to go into all the details since it's quite obvious from the contribution above, that area have been covered. Although most project are taking advantage of the hype to decieve Investors into patronizing their projects still there are great ones out there that would be big in future. I believe one of the ways to stay safe in this hype is not to rush into anyone out there but take your time to research further in understanding it. I know because I have fallen a victim not too long ago. I agree. As we see DeFi projects are prospering right now because people, who are following the trend in the market, are hyping this up. Maybe this is their way of coping up in the crypto world. They see prices going up, without hesitation even with no proper research, they would dive in. In time, we'll see what would be the end of it all or if what will end of it. Title: Re: DeFi tokens - do they have a real value? Post by: disconnectme on August 18, 2020, 03:54:57 PM Very surprise with your post, this is a new niche market and everyone want a piece of this, just like what happen in 2017/2018 when almost every one is launching their own blockchain, some will succeed some will lose, because we have one successful project doesn't mean we shouldn't have new one trying new things. DEFI is an exciting space now and we see that we don't actually need CEX for price of a token to accrue value
Title: Re: DeFi tokens - do they have a real value? Post by: Ginger Beef on August 18, 2020, 03:57:08 PM What is "real" value and what isn't?
As Morpheus said "If real is what you can feel, smell, taste and see, then 'real' is simply electrical signals interpreted by your brain." Deflationary crypto had "real" value too. If a crypto is perceived to have real value - then it does. Title: Re: DeFi tokens - do they have a real value? Post by: Chukwunonso on August 18, 2020, 04:10:34 PM Defi does not seem to be trending because of its use case, it's trending because of the increasing value. I'm certain that a majority of persons in this space are solely interested in the financial benefits to be derived from a project and when they can foresee one, they jump right into it, irrespective of the use case and risk involved.
Title: Re: DeFi tokens - do they have a real value? Post by: Ginger Beef on August 18, 2020, 05:03:22 PM I'm certain that a majority of persons in this space are solely interested in the financial benefits to be derived from a project and when they can foresee one, they jump right into it, irrespective of the use case and risk involved. You think? :) Title: Re: DeFi tokens - do they have a real value? Post by: Yatsan on August 18, 2020, 05:10:14 PM Very surprise with your post, this is a new niche market and everyone want a piece of this, just like what happen in 2017/2018 when almost every one is launching their own blockchain, some will succeed some will lose, because we have one successful project doesn't mean we shouldn't have new one trying new things. DEFI is an exciting space now and we see that we don't actually need CEX for price of a token to accrue value Yeahh, and now there is DEFI everywhere, I think it's all about hype, the DEFI projects are booming and the prices are going 2x-50x! I am investing on some projects which have a promising output and have an awesome roadmap but what I don't understand in DEFI is that those projects that have anonymous team are the one who are really doing great. DEFI is weird man haha. Lot of scams and lot of jackpot, it's just so unpredictable. Title: Re: DeFi tokens - do they have a real value? Post by: JungleOnion on August 18, 2020, 06:04:37 PM There's very few that actually have a purpose and functionality around DeFi. Most of them are all about farming and gaining interest. Honestly nothing different that the masternode hype we saw from 2017. Just under somewhat more complex economical principles but essentially they have the same speculative nature promising high unsustainable returns. I would pass hoping in the DeFi hype unless you're planning to day trade it for profit and never look back.
Title: Re: DeFi tokens - do they have a real value? Post by: Drahzar on January 14, 2021, 10:12:59 PM i think yes there's a lot of scam projects in defi but still - it's more transparent and interesting concept than ico and ieo, and if we are talking about dex projects with volumes, defi token inside will have a good value in future
Title: Re: DeFi tokens - do they have a real value? Post by: Drahzar on January 15, 2021, 09:40:04 PM i think yes there's a lot of scam projects in defi but still - it's more transparent and interesting concept than ico and ieo, and if we are talking about dex projects with volumes, defi token inside will have a good value in future agree with you i'm also strongly believe in good defi tokens. besides do u know any credible dex planned to launch soon ?Title: Re: DeFi tokens - do they have a real value? Post by: BayAngelo on January 15, 2021, 10:45:36 PM yes, i think DEFI tokens has real values because banks developed means of providing funds to their customers tru loans and also place charges on incentives on these loans. such can be seen in DEFI. the degital crypto lending services using various tokens. the best option of the Defi projects is that you benefits both ways. you earn by lending and also earn by borrowing. but you can not earn when you borrow from traditional banks.
Title: Re: DeFi tokens - do they have a real value? Post by: WalkerIVIV on January 15, 2021, 10:48:30 PM i think yes there's a lot of scam projects in defi but still - it's more transparent and interesting concept than ico and ieo, and if we are talking about dex projects with volumes, defi token inside will have a good value in future ICO, IEO and DEFI are having interesting concept consider these are giving the automation for the decentralized finance. How can you say defi is very transparent compared with IEO or ICO? i have ever seen ICO and IEO published the financial report while there's no defi that was doing this thing in the past. DEFI less transparent compared with IEO and ICO. Title: Re: DeFi tokens - do they have a real value? Post by: TimeTeller on January 15, 2021, 11:04:09 PM i think yes there's a lot of scam projects in defi but still - it's more transparent and interesting concept than ico and ieo, and if we are talking about dex projects with volumes, defi token inside will have a good value in future ICO, IEO and DEFI are having interesting concept consider these are giving the automation for the decentralized finance. How can you say defi is very transparent compared with IEO or ICO? i have ever seen ICO and IEO published the financial report while there's no defi that was doing this thing in the past. DEFI less transparent compared with IEO and ICO. That is nice observation. For ICO or IEO projects, a lot of projects are disclosing how much they raised. But with DeFi, I haven't really seen one disclosing how much they got. Maybe, they thought it is decentralized, they can always look at their contract. But are they sending their assets to that address or maybe a different one. And with regards to their real value, I don't think they have. Most of them are just pure talk, no working platform. Just manipulation in the market. Title: Re: DeFi tokens - do they have a real value? Post by: rainingbitcoins on January 16, 2021, 08:06:15 AM Whales are going in deep into DeFi projects that's why LINK hits 17$ to 20$ hours back, impressive right? Well this is just the beginning, whales are crypto experts who've been around for so long and investing in DeFi projects means they knew what they are doing, the top DeFi projects today are very promising and good for long term hold I agree with you because the DeFi project is currently very impressive in the acceleration of their altcoin increase, of course if we discuss the problem of the token value itself it is very natural because so many people like DeFi-based project policies.Title: Re: DeFi tokens - do they have a real value? Post by: kpierce77 on January 16, 2021, 02:04:49 PM Decentralized financial model is a new trend of the world. Regarding DeFi tokens, I think its problem is people's trust. As you have said, Defi is just a system, whereas to determine the worth or not of an investment, it all depends on the product. so as long as the defi project has a clear product and real use case, then it's still goodTitle: Re: DeFi tokens - do they have a real value? Post by: crazy-pilot on January 18, 2021, 07:55:33 PM Are other non-DEFI cryptocurrencies of value? To begin with, it's worth understanding what value is. The value is determined by the purchasing power. The more goods and services I can get in exchange for something, the higher the value of this object. People invest money in various DeFi projects, which allows them to have a certain value due to the fact that the coins of these projects can be exchanged for something useful, in our case, other currencies or, in other words, money.
Title: Re: DeFi tokens - do they have a real value? Post by: seramania on January 18, 2021, 10:14:00 PM Hi guys, Do you mean you are going to create deFI tokens but all use ethereum or tron? if that is true you mean what are you doing if you don't create your own token. isn't deFI's goal is to create a token of its own value and strive to be the token with the best and most expensive price?I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D Title: Re: DeFi tokens - do they have a real value? Post by: tbct_mt2 on January 19, 2021, 04:05:19 AM That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. It is easier for their developers to create a project on available networks like Ethereum. I know some projects have crowdsale for long ago (2017 or 2018) but main net only was activated in 2020. They tried to launch mainnet to enjoy the bull market but their works are terrible and you can not wait for good developments from them.The DeFi space has Uniswap, then many other join the space and try to mimic the Uniswap. Those tokens have different names but their usecases are the same and source codes are copy and paste. They can say "Our team change the copied source code a little to make it as our code. It is not a plagiarism code". Do you see how funny it is Title: Re: DeFi tokens - do they have a real value? Post by: Eco_111 on January 19, 2021, 09:15:10 AM DeFi isn't perfect but there are few DeFi projects that are one of a kind and they are making big waves in crypto space as we speak, though there are many bad DeFi projects out there, some even claimed they are decentralized but end up breaking the decentralized part and stylishly turn into centralized projects because they are able to tampered with the projects chain, few DeFi projects have made it into top 20 ranks and that's a good start, DYOR
Title: Re: DeFi tokens - do they have a real value? Post by: shoreno on January 19, 2021, 09:26:38 AM DeFi isn't perfect but there are few DeFi projects that are one of a kind and they are making big waves in crypto space as we speak, though there are many bad DeFi projects out there, some even claimed they are decentralized but end up breaking the decentralized part and stylishly turn into centralized projects because they are able to tampered with the projects chain, few DeFi projects have made it into top 20 ranks and that's a good start, DYOR to promise that they are decentralized but turns out not really arent new here in crypto , its like same as other crypto like tether and ripple that also claims to be a decentralized crypto but asociated with the banks but defi is much worster because they carry the name decentralized on them but no need to worry for those fake defis , just stick on real defis and youl be alright . Title: Re: DeFi tokens - do they have a real value? Post by: TribalBob on January 19, 2021, 02:39:55 PM DeFi is currently a trend and hype in cryptocurrency, I am surprised that the price of defi-based coins can exceed previous bitcoins, from this situation many of them are using FOMO too much in this case, so if you want to invest you must and must find accurate information for this defi project. Lots of people will lose money if they don't investigate the projects they support not because they were built with
DeFi system Title: Re: DeFi tokens - do they have a real value? Post by: aemma on January 19, 2021, 04:19:09 PM Actually I would say, DeFi started with a big hype then gradually the hype is over and much is not heard about them or better put, much is not heard about a good number of them again, but however those that were already on the right track are still trying their best to retain their users and growth, hence why they are occupying good ranks on coinmarketcap. In my own opinion, when a project have something to offer, the only way to keep getting the attention of users and more potential investors is through improving on what they offers, that is to say, any DeFi projects which finds it hard to improve as times goes by will be forced out of business, while those that tries their best to improve will keep growing while advancing on what they offers as time goes on.
Title: Re: DeFi tokens - do they have a real value? Post by: taunitsed on February 02, 2021, 02:59:05 PM sure they have. but as for me, the most valued are dex projects - they will replace cex-es in future i believe
Title: Re: DeFi tokens - do they have a real value? Post by: jrrsparkles on February 02, 2021, 04:10:38 PM sure they have. but as for me, the most valued are dex projects - they will replace cex-es in future i believe Defi announced by Dex? What is the reason for considering it as most valued project?There is no difference between the defi by dex or cex because at the they are decentralized amd pegged with smart contracts. Title: Re: DeFi tokens - do they have a real value? Post by: Greatdev on February 02, 2021, 04:28:56 PM This might sounds annoying and untrue but to me it's the truth, 99% of DeFi projects aren't true decentralized finance and most investors don't really cares, they invest to make gains out of them only, I just pity those who plan to become future whales through DeFi projects, only very few DeFi projects are true decentralized finance
Title: Re: DeFi tokens - do they have a real value? Post by: whyrqa on February 02, 2021, 05:13:41 PM In 2016, when Bitcoin was around $ 300 and Ethereum was $ 8, there were skeptics who doubted the prospects of these cryptocurrencies that they could achieve the results that they have today. Based on this, I believe that those projects that have great potential and demand in society have every chance of reaching great heights. And today there is always a lot of excitement around DeFi projects.
Title: Re: DeFi tokens - do they have a real value? Post by: ven7net on February 02, 2021, 05:24:13 PM Hi guys, I would like to share with you my idea about all DeFi tokens. I am little bit confused what is the real value of all DeFi tokens. If I think about it, their are now valuable because there is a hype around all DeFi protocols, a lot of buyers, less sellers. But, one day people stop taking loans and the tokens become less interesting, that would mean that price of tokens will start falling down and people will be pushed to repay loans and that will cause that they start selling their tokens and this will lead into further crash. The worst thing is that there is no other motivation for buyers to buy these tokens and that could cause that you can loose all of your invested money, right? That's why I rather see DeFi protocols that use native coins like Ethereum or Tron (Tron already has working solution) because these coins are not just good for one thing(DeFi), people will buy them for various reasons. I hope you understand what I am talking about. :D I believe that all DeFi tokens cannot have value, but probably some of them have value, since their price is primarily provided by other cryptocurrencies. How long can this last? I believe it all depends on the trend in the crypto and DeFi markets. You know that while there is nothing new and better on the market, current trends prevail. It all depends on demand, there is demand for the asset is growing, there is no demand for the price of the asset is going down. Title: Re: DeFi tokens - do they have a real value? Post by: Kang TB on February 02, 2021, 08:24:25 PM i think you should read this article about Mark Cuban Says DeFi Has Potential to Explode in WallStreetBets AMA
here is the link https://decrypt.co/56366/mark-cuban-defi-reddit-wallstreetbets-ama no doubt a good defi project will explode soon Title: Re: DeFi tokens - do they have a real value? Post by: FireBallex on February 02, 2021, 08:53:11 PM Uniswap have real utility, Chainlink promised decentralized data platforms, yes DeFi projects have real use cases and utilities, you got to pick good altcoins and stay away from those that have no good use cases, there are some useful DeFi projects out there and there are tons of bad ones too, dyor
Title: Re: DeFi tokens - do they have a real value? Post by: taunitsed on February 03, 2021, 03:04:50 AM sure they have. but as for me, the most valued are dex projects - they will replace cex-es in future i believe yes, defi is more credible and transparent concept than ico and ieo was. u r right - as for me dex-es are more interesting for trading and long term investment |