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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: guardawallet on September 09, 2020, 07:37:53 AM



Title: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: guardawallet on September 09, 2020, 07:37:53 AM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: cryptomaniac_xxx on September 09, 2020, 07:59:39 AM
No need to create thread about this Defi hype, this board has a lot already, you can used the Search function or used Google to search about the topic.

  • DeFi Projects (https://bitcointalk.org/index.php?topic=5256995.0)
  • DeFi Platform (https://bitcointalk.org/index.php?topic=5272426.0)
  • Non DeFi projects starts going DeFi (https://bitcointalk.org/index.php?topic=5268543.0)
  • Best deFI tokens out there (https://bitcointalk.org/index.php?topic=5263086.0)
  • Non DeFi projects starts going DeFi (https://bitcointalk.org/index.php?topic=5268543.0)

About this Sushi thingy:

  • After Sushi is Noodle (https://bitcointalk.org/index.php?topic=5273112.0)
  • After Sushi Dump CZ reply with Highly risk especially on Defi project ?? Agree ? (https://bitcointalk.org/index.php?topic=5274055.0)
  • AWhat do you think about Sushiswap ? (https://bitcointalk.org/index.php?topic=5273754.0)


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: kolap on September 09, 2020, 08:00:28 AM
Sushi DeFi, how was it?  ;D
Next going to be Noodle DeFi, Dim Sum DeFi, then Pho DeFi
https://www.youtube.com/watch?v=VshHRXQfxVY


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: ongkok87 on September 09, 2020, 08:04:51 AM
I think there's a lot of good DeFi out there and for sure some upcoming more but of course still there's some but not of them are good just like what you've posted Sushi drops from $9 to around $1 in just 5 days after listing then their team or the head of it dump their coins and it's been a topic lately.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Strongkored on September 09, 2020, 08:06:21 AM
I don't think so, all I see is that the existing DeFi projects are just about pump and dump not all but almost entirely like that, and it is becoming seen as an increase in interest in financial decentralization but the truth is not.
As you mentioned about $SUSHI, may this thread https://bitcointalk.org/index.php?topic=5273847.0 open your views about the project, also about the most DeFi project.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: zaim7413 on September 09, 2020, 08:30:17 AM
So far the future for DeFi has started to brighten up and has gone viral in the not too distant future, so if this continues then the future of DeFi will certainly experience good development, but the opposite can also happen to DeFi as it has already happened. on ICOs in the past.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: xandriel on September 09, 2020, 10:37:16 AM
So far the future for DeFi has started to brighten up and has gone viral in the not too distant future, so if this continues then the future of DeFi will certainly experience good development, but the opposite can also happen to DeFi as it has already happened. on ICOs in the past.

DeFi projects are being talked about a lot recently and I am sure this is an opportunity to make a profit from the market. However, there will be a lot of scam projects popping up so you need to be careful because just one mistake can cost you a lot. It is advisable to plan a specific investment and sell it after it is profitable because DeFi future will inevitably fall apart soon.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: masterrex on September 09, 2020, 11:10:58 AM
Where did you get that information mate are you sure that the number of people adopting with the Defi is increasing day by day, believe me, thats not gonna happen anymore because with the recent massive decreases of Defi base token prices it was already sending a wrong message to the investors about the Defi risk some investors already give up and voicing out their frustration in social media particularly in twitter, and because of that many investors are already aware regarding the Defi risk? 


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: pilosopotasyo on September 09, 2020, 11:22:01 AM
Sushi DeFi, how was it?  ;D
Next going to be Noodle DeFi, Dim Sum DeFi, then Pho DeFi
https://www.youtube.com/watch?v=VshHRXQfxVY

This food DeFi should be stopped, if a developer here that has a plan to launch a DeFi like project the worst thing that he is going to do is to follow these DeFi food trends because it's not going to work anymore, it's the hype that it's going to be over, DeFi has a future but we see these scam developers blatantly launching scam DeFi investors should first know how DeFi works 


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: shinratensei_ on September 09, 2020, 11:23:21 AM
The future of defi will be the same as the ico bubble. It will be going to be a big bubble for sure and then after it has already reached the biggest form and then it will be burst and this means the defi hype will end when people will be discovering something new.


Sushi is getting hyped caused by the project called yearn of finance that has already offered the farming yield mechanism before the born of sushi swap. There are so many scam defi appearing too and this can also kill the hype of defi project.

This bubble can burst anytime and everyone should take their own seatbelt.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: fauxLes on September 09, 2020, 12:31:56 PM
I think there's a lot of good DeFi out there and for sure some upcoming more but of course still there's some but not of them are good just like what you've posted Sushi drops from $9 to around $1 in just 5 days after listing then their team or the head of it dump their coins and it's been a topic lately.

Agreed. I think the food plan really is just a fad. there is a new one I found that is an aggregator and not a salad on coinpaprika called fiscus.fyi (https://fiscus.fyi/). And I thought, not a food Ill buy some. Lol its doubled since two days ago. So I think a lot of people agree with you.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Jackl87 on September 09, 2020, 02:22:22 PM
I disagree. I think the phase when DeFi was hot is over since a few weeks.
I also think the Defi Hype is responsible for the crash of the crypto market last week.
So many scammy developers hopped on the DeFi train to make quick money.
Stuff like that is harmful for the crypto scene and keeps serious traders away.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Febo on September 09, 2020, 02:30:29 PM
DeFi seems to be hot right now! What do you think about the future of DeFi?


What is the oldest DeFi token? Augur?  Token is there for soem time. It was highly hyped in 2015 when started. I believe they even had stackexchange for it. Or at least tried to have it.  Anything DeFi is not crypto killer app. Crypto killer app is being money. What Monero and Bitcoin are.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: semobo on September 09, 2020, 02:34:58 PM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?
DEFI already going in the way of exit scam or at least most of the projects, so it becomes hyip to scam!

Most people have to wake up from their madness and wait for the hyip to get end to know the real potential of those projects.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: makishart on September 09, 2020, 02:54:27 PM
It’s just strange that good projects like Swipe (SXP) do not receive the necessary investment, and fraudulent projects like sushi receive large investments.   :-\
it caused by so many factor and as far as i know if people were still in competition to make more and more money. They were thinking the defi coin like sushi will become a money machine like YFI.

People have been getting suggested with the increases that happened with YFI and they have already started to rush sushi as the new option to printing fast money.

It's all about their greed to make instant money from the market while swap can't be considered as a short term game changer. There are so many possibilities.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: suzanne5223 on September 09, 2020, 04:24:21 PM
Where did you get that information mate are you sure that the number of people adopting with the Defi is increasing day by day, believe me, thats not gonna happen anymore because with the recent massive decreases of Defi base token prices it was already sending a wrong message to the investors
Are you sure that the recent massive dump in price of Defi send wrong message to investors because the last time I check Defi project are not the only crypto that experience the dump in price and checking the current trend of Defi market token YFI are already picking up.

about the Defi risk some investors already give up and voicing out their frustration in social media particularly in twitter, and because of that many investors are already aware regarding the Defi risk? 
Every crypto investment is risk but that doesn't mean investors have already giving up on Defi because of the dump in price. Mind you, they never give up when Yam issue occurred, why now.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: tycsols on September 09, 2020, 04:35:34 PM
Personally i am positive about the future of the DeFi, simply because there is demand in the market although i am confident about the use cases and the products that defi will offer but im just a bit suspicious about the high returns that some of the defi based tokens are offering so we will have to wait and check their sustainability.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: cryptonewbie on September 09, 2020, 04:47:41 PM
DeFi projects are some of the most sought-after at the moment. However, investors should be careful as there are plenty of scammers and charlatans just waiting to fleece you in the guise of the DeFi hype.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: disconnectme on September 09, 2020, 05:08:51 PM
Future of DEFI is very great, forget all these forks and scams, these all come with bull market, you will be the one to separate good projects from the noise. The only thing that can set the space back is if we have a major hack of one of these DEX, which will make people uncomfortable putting their funds in these DEFIs


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: justdimin on September 09, 2020, 06:55:26 PM
Most probably the hype will die down, it will not be hot anymore, there will be scam coins, people will fall for them, everyone will lose tens of millions of dollars, which will result with people hating defi and not invest anymore and even the good projects not getting a lot of money. Not saying that will certainly be the situation in the future but it is definitely something that people could look out for.

The same thing happened to ICO world, there were bunch of good ones that got a lot of money, after that bad ones came out and scammed people and people just stopped investing into ICO world because of the bad ones and it hurt the new good ones as well, and once again same thing happened with the IEO world as well. So all in all I could say it is not guaranteed but happens very frequently.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: ije07 on September 09, 2020, 07:12:03 PM
I think for anyone not to consider new things as a guarantee for the future, I mean it's like the DEFI program is still young and we also can't conclude what the future will be like. however after I observed many investors taking short profits in the DEFI project, this is normal. A trend like this can be used as an opportunity to get short-term profits but it is risky if you can't get out before Fomo occurs.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Princejebs on September 09, 2020, 08:00:57 PM
Hot plunge in red blood bath you mean ;D
Have you check Defi market cap and see the change in 7 days, you will be supprise that almost all has lost - 50% of their values. Do you you call that hot or pure scam?
I will never buy the idea of DeFi, only few has tried so far but still loses their value. The almighty link has lost closely - 40%


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Kehindem on September 09, 2020, 08:35:11 PM
Though dont really know much about defi, but what i observed in recent time notice some project are evolving under defi, and many people seem to be interested in it, so from observation  it seem its gonna have effect in the nearest future. though stand to be corrected.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Mahanton on September 09, 2020, 08:47:13 PM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?

When it comes to Future talks then no man would really able to give you out the precise answer since we are all speculators here and nothing is assured when it comes to things that do happen ahead.
DeFi is hot really not just like those old good ICO days wayback but look at on where it did head down? I wont be surprised if this trend would really be just similar to ICO but for now you can
really utilize this hype for you to make profits.Just be careful on not dragging yourself into Fomo because we had already seen some defi project is slowly dumping.So be careful
if you do really like to take the risk.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: pandanaran on September 09, 2020, 08:58:17 PM
SUSHI? if I'm not mistaken, I've heard that the SUSHI project is a scam. but I don't know the truth about the project because there is no hard evidence. but my advice, you must be vigilant before investing in the Defi project, be a wise investor and don't misplace your money in a project.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: hatshepsut93 on September 09, 2020, 09:26:39 PM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?

Speculators are attracted to bullish market, and high risk investors are putting their money in high risk DeFi funds. There's no actual adoption by institutions or average people, so this growth of DeFi is completely unsustainable, which means a major crash will come sooner or later and lots of DeFi projects will be trading at 5% of their peak value with no chance of ever reaching it again.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: TimeTeller on September 09, 2020, 10:07:03 PM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?

Speculators are attracted to bullish market, and high risk investors are putting their money in high risk DeFi funds. There's no actual adoption by institutions or average people, so this growth of DeFi is completely unsustainable, which means a major crash will come sooner or later and lots of DeFi projects will be trading at 5% of their peak value with no chance of ever reaching it again.

They are just creating a DeFi project in paper but no actual foundation.
So yes, the crash is very imminent on these DeFi projects.
Only few of them will survived, the ones with real use case will survive.
But all the others will disappear once this hype is over.
So if you are an investor, need to be alert with these 'fake' DeFis.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Sirait on September 09, 2020, 10:21:56 PM
~snip
DEFI already going in the way of exit scam or at least most of the projects, so it becomes hyip to scam!

Most people have to wake up from their madness and wait for the hyip to get end to know the real potential of those projects.
agree with you, currently, most DeFi projects are going the way of exit scam. the commotion that had occurred weeks ago had started to die down.

DeFi is not hot anymore but I think the future of DeFi is still good and has great potential for mass adoption. btw, you mentioned SUSHI, I think you have to be careful with this, you should study it first because it still sounds foreign.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: cryptothreads on September 10, 2020, 02:05:32 AM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?

Speculators are attracted to bullish market, and high risk investors are putting their money in high risk DeFi funds. There's no actual adoption by institutions or average people, so this growth of DeFi is completely unsustainable, which means a major crash will come sooner or later and lots of DeFi projects will be trading at 5% of their peak value with no chance of ever reaching it again.
DeFi looks very similar to a bubble and can explode at any time, recently there have been hundreds of successful DeFi projects and many projects that do not have any information but are still trusted by many investors.

I think the most important thing when you invest in DeFi projects is profit and you should sell everything when you are satisfied and absolutely should not hold those coins.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: djmixen on September 10, 2020, 05:03:11 AM
I'm not a fan of Defi, and I don't believe that it can bring it down the price of bitcoin in the market.
And for me Bitcoin and top altcoins in the market are the one still hot of course not Defi, maybe you are one of the
defi fanatics, isn't right?


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Zazzu on September 10, 2020, 05:10:37 AM
When something gets hot, copycats start to show and also scam ones ,Yfi is an example, aftr that we have seen a lot of YFII or YFV , etc also SUSHI and many other scams , it is natural that some people want to take fishes from dirty water , need to be alert .


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Argoo on September 10, 2020, 06:02:44 AM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?
DeFi projects are admired and criticized at the same time. They really open up new opportunities for the cryptocurrency world. In particular, thanks to smart contracts, they provide the ability to conclude transactions that were previously considered functions of banks, and I especially like this. In this regard, cryptocurrency really began to compete with banks. However, new opportunities provide fraudsters with a large field of activity for various scams. In any case, the DeFi projects have given a good impetus to the development of the cryptocurrency market and this is to be welcomed.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: mamesso on September 10, 2020, 07:00:10 AM
In a short time defi has become the main trending in this forum, but the pros and cons still happen, some say the hype defi is only temporary, and on the other hand there are those who have made profits in some defi projects. At the moment we don't know how long the defi hype will last, but defi has brought fresh air and aroused excitement in the crypto market, only lucky people can take advantage of it.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: agis50 on September 10, 2020, 08:57:00 AM
DeFi project still seems interesting, they always create any features useful for crypto enthusiast. Seeing the progress of DeFi project in the last few months, I think DeFi project has great potential in the future. But, we must be carefully. Many developers creates shit DeFi project just to get profit and exit scam


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: chikator on September 10, 2020, 09:45:36 AM
If DeFi would really stand up to the hype then the future should not be a problem. There are a lot of projects that are turning to DeFi right now, atleast one of them must be good right?


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: tvplus006 on September 10, 2020, 09:47:04 AM
Despite the hype created around DeFi, after it subsides, really useful services will remain on the market, and scam will disappear along with their organizers. It is a pity that scam will disappear from the market along with the money of investors who believe in DeFi.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: fauxLes on September 10, 2020, 09:47:21 AM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?

I only got involved in Defi recently, and man is it a game-changer. First off uniswap completely erodes the power centralised exchanges used to have by allowing anyone to easily create and list their own coins with a liquidity pool. Centralised exchanges acted as gatekeepers in the past often over looking scams for a high fee, or blocking great projects because they couldn't afford it. Not anymore. projects like yearn and fiscus (https://fiscus.fyi/) can be built and the community gets to choose. I think banks and CEXs days are numbered.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Henrytrust on September 10, 2020, 09:50:47 AM
I have a feeling that Defi projects would soon become like every other over hyped coin. There's no doubt that we would be having more Defi tokens in the space, but people would come to see the project for what they really are, several exit scam are recorded in Defi projects and I know some persons are already getting tired of the Defi trend.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: palle11 on September 10, 2020, 10:02:27 AM
I have a feeling that Defi projects would soon become like every other over hyped coin. There's no doubt that we would be having more Defi tokens in the space, but people would come to see the project for what they really are, several exit scam are recorded in Defi projects and I know some persons are already getting tired of the Defi trend.

This is not in disputing fact as many projects too have done. In hyping times, we usually have developers with intending scam mind to take people's money and exit. It is the time of decentralized finance project to hype. It is time to be wise or better don't invest now until it is certain the one for good ROI.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: mnporter2001 on September 10, 2020, 10:48:22 AM
As we see, the number of people being adopted to DeFi is increasing day-by-day. More and more people are getting interested in Decentralized Finances. Few days back, we also saw the $SUSHI thing. That's the reason, we would love to know your opinion.

What is the Future of DeFi?
Defi is really a very hot trend in our crypto market, any quality project has a market cap of tens of millions of dollars. The pouring power of whales and investors is now very large so I think this trend will take a long time for it to break. In addition, this Trend defi can also help attract more outside investors to our market. surely the marketcap will increase and the investment market of new projects will grow as strong as 2017 again, I have a very good feeling about the defi trend this year, it will last and contribute a lot to the market of we.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: xandriel on September 10, 2020, 10:56:46 AM
Despite the hype created around DeFi, after it subsides, really useful services will remain on the market, and scam will disappear along with their organizers. It is a pity that scam will disappear from the market along with the money of investors who believe in DeFi.
DeFi for many investors is a very good choice for you to consider during this time. There will probably be a lot of scam projects but if you come early then the opportunity is still there for you. I have never been disappointed with the current DeFi projects because this investment trend is so well received and will definitely help all investors make even greater returns.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: ahmia39 on September 10, 2020, 12:01:30 PM
I have a feeling that Defi projects would soon become like every other over hyped coin. There's no doubt that we would be having more Defi tokens in the space, but people would come to see the project for what they really are, several exit scam are recorded in Defi projects and I know some persons are already getting tired of the Defi trend.
Yes, obviously all DeFi projects will be considered the same as others over time, especially if there is evidence of scam for several DeFi projects at this point, of course this will be an assessment for everyone in the crypto space later.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: criket on September 10, 2020, 12:13:01 PM

Yes, obviously all DeFi projects will be considered the same as others over time, especially if there is evidence of scam for several DeFi projects at this point, of course this will be an assessment for everyone in the crypto space later.
the market view will of course be a little different on the DeFi project when its popularity is now decreasing due to the scam. the market trend will change again I think. something new again with a better outlook is coming in the future. DeFi shortly may still get some attention, but not for the long term.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Mpamaegbu on September 10, 2020, 12:29:16 PM
DeFi is just another trend. As long as I can remember, this industry has had different trends for each year. It's more highlighted after each Bitcoin halving. I can't say for sure if it's a coincidence or not. But it has always happened that way from Chinese coins to Lending coins to Exchange tokens to ICOs to IEOs to Security tokens and here we are now. Going forward, we really can't say for sure where this DeFi thing is headed a few years from now. Let's just roll with it and enjoy the moment.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: tyoA7X on September 10, 2020, 12:34:28 PM
defi makes a lot of people surprised that it is able to pump very high and cannot be stopped, The defi era has changed the crypto market
and of course making crypto better if the situation continues I'm sure crypto enthusiasts will be even higher than now


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: fuer44 on September 10, 2020, 12:42:30 PM
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Saisher on September 10, 2020, 01:08:21 PM
People are always on FOMO until they realized that it is not the project that they want to get into, DeFi has a future I have read one article on it but the smart contract should be properly audited and we should know who are the people behind a project, it's not right that a project presented to us with unknown developers, that's because it is on one top exchange.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: imstillthebest on September 10, 2020, 01:50:48 PM
People are always on FOMO until they realized that it is not the project that they want to get into
thats crazy . they know how to fomo and they know if what is the meaning of this abreviation but they will act like they dont know and get a shocked feeling at the end when all thier investment goes down .

Quote
, DeFi has a future I have read one article on it but the smart contract should be properly audited and we should know who are the people behind a project, it's not right that a project presented to us with unknown developers, that's because it is on one top exchange.
is that means defi isnt just a hype ? oh thats nice to hear and yes as of now , binance and other top exchange is not a basis anymore if a project is good or not because of the latest incident happened . thats better so that people will do more research and wont take it easy before they invest .


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: plr on September 10, 2020, 02:46:37 PM
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.

DeFi and ICO are two different things,the demise of ICO is pretty obvious, on DeFi all they have to do  is find the right project to invest where developers are transparent and and they are capable and their smart contract fully audited so there will be no flaw.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: dimonstration on September 10, 2020, 06:50:00 PM
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.
DeFi era will sure to last, people were not contented and need change as well loses its value due to scam projects afterawhile like how ICO ends even it was followed by STO and IEO the idea is the same that only few bite it. If there will be some changes like in DeFi that do a different scope and ideal to change the mindset again of investor give s the impact like we were in 2017 ICO hype. Once this hype over and there is a new platform or strategy with advance marketing it will sure to eliminate DeFi hype and attract new trends. Sometimes it only needs some groups of people with marketing technologies to start creating hype like before only few projects will be able to make it in the future.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Cryptoangel01 on September 10, 2020, 06:59:29 PM
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.
DeFi era will sure to last, people were not contented and need change as well loses its value due to scam projects afterawhile like how ICO ends even it was followed by STO and IEO the idea is the same that only few bite it. If there will be some changes like in DeFi that do a different scope and ideal to change the mindset again of investor give s the impact like we were in 2017 ICO hype. Once this hype over and there is a new platform or strategy with advance marketing it will sure to eliminate DeFi hype and attract new trends. Sometimes it only needs some groups of people with marketing technologies to start creating hype like before only few projects will be able to make it in the future.

Yeah true we've witnessed some tokensales model come and go, ICOs, STOs, IEOs etc but DeFi is not a tokensales strategy and it's quite obvious. DeFi is a decentralized finance that is not exactly new. Many projects at the forefront of DeFi aren't exactly new Aaeve Lend was originally Ethlend of 2017, Synthexis is from 2017 also. And some 'new' projects making their way into DeFi aren't exactly new as well. For example Earnbet online blockchain casino platform is not new to the blockchain which by the way you can check for more information here https://game.earnbet.io

So you see the DeFi market is not entirely new and the growth so far have been organic, no PR BS, no hype, just pure hype. Now will it sustain itself in the long term? I definitely think so.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: BitunaTeam on September 10, 2020, 07:16:53 PM
Best, total transparent, true decentralized and auditable Defi which works for 3 years without any mistakes is https://ethereumgold.io/
You can enter and exit when ever you want.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: poodle63 on September 10, 2020, 09:07:06 PM
Future of DEFI is very great, forget all these forks and scams, these all come with bull market, you will be the one to separate good projects from the noise. The only thing that can set the space back is if we have a major hack of one of these DEX, which will make people uncomfortable putting their funds in these DEFIs
major hack on DEX is just seems unlikely. I mean, the only way is to break through the smart contract and other than that it's pretty much impossible to hack unlike centralized exchange.

I too can see that DeFi could bring a new revolution to a traditional finance but still doubtful whether it's just a hype or a really working product because DeFi is still unproven in my opinion.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: FontSeli on September 10, 2020, 09:40:31 PM
I think for anyone not to consider new things as a guarantee for the future, I mean it's like the DEFI program is still young and we also can't conclude what the future will be like. however after I observed many investors taking short profits in the DEFI project, this is normal. A trend like this can be used as an opportunity to get short-term profits but it is risky if you can't get out before Fomo occurs.

Note how popular ICO and IEO were at their time. The period of popularity of these types of investments collection was on average six months. Further, the profitability and popularity of such methods of collecting investments seriously decreased. I think it will be the same with DeFi projects. Their popularity will continue for a few more months, until the end of this year at most.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: @baoli on September 10, 2020, 10:07:28 PM
The decentralised Finance that is the frenzy right now won't be in next few month. I see a market people will be exhausted about because it is going to be saturated. The whole ideology won't sell anymore.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: tvplus006 on September 11, 2020, 12:11:14 PM
DeFi for many investors is a very good choice for you to consider during this time. There will probably be a lot of scam projects but if you come early then the opportunity is still there for you. I have never been disappointed with the current DeFi projects because this investment trend is so well received and will definitely help all investors make even greater returns.

Hype around DeFi has provided a high demand for such tokens. But in order to get a high profit, you need to buy such tokens before they are listed on cryptocurrency exchanges. The problem is that not every trader can figure out which DeFi they should buy on Uniswap so that it doesn't turn out to be a scam.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: lienfaye on September 11, 2020, 12:26:43 PM
The decentralised Finance that is the frenzy right now won't be in next few month. I see a market people will be exhausted about because it is going to be saturated. The whole ideology won't sell anymore.
Indeed it wont take too long just like the past trend (ICO, IEO), it will only take few months then another trend might take its place.

Defi is popular currently but dont decide to invest just because of this hype. There are hidden good defi project but I think its hard to spot it, slowly some defi projects are turning to scam and the main purpose is to get the money of investors then leave without trace.



Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Elderman87 on September 14, 2020, 11:19:54 AM
My friends have all made some crazy money on Defi and I am tempted to also invest in some. But my fear is what if I risk my money in it and they hype goes down like it did for ICOs and lending coins back then?


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Drahzar on January 25, 2021, 09:26:12 PM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: 1l1l11ll1l on January 25, 2021, 09:46:26 PM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
Maybe they will have a more secure structure, because all systems are decentralized. I'm not really sure about the regulations regarding the defi platform, so as investors, we just have to hope that many defi platforms are able to provide safe and reliable investment tools for everyone


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: eazolan on January 26, 2021, 04:16:43 AM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
besides i'm also try to work with dex-es who offer interesting options for liquidity providers and have simple and effective executive strategy


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: JoKleinTopper on January 26, 2021, 07:38:34 AM
lucrative


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: JimmMull on January 26, 2021, 08:22:19 AM
I still that DeFi has a clearer future than the other sectors in the crypto industry right now and the hard work that defi projects are doing shows how much this sector deserves the hype.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: heyhat on January 26, 2021, 09:46:10 AM
Each summer, I guess, Defi mania will repeat itself. Its future is as bright as our faith.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: tvplus006 on January 26, 2021, 09:55:41 AM
Though dont really know much about defi, but what i observed in recent time notice some project are evolving under defi, and many people seem to be interested in it, so from observation  it seem its gonna have effect in the nearest future. though stand to be corrected.

When such projects that have nothing to do with the DeFi sector and are designed only to raise money for their organizers leave the market, then only useful decentralized finance that has real use will remain on the market. That's when market participants will have more confidence in the DeFi sector, which will lead to even stronger development.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: PerfectCircle on January 26, 2021, 10:28:36 AM
DeFi projects are becoming profitable once again, but I only noticed the popular DeFi projects only, so many others are not moving at all but I'm not surprised, it's always about the demand of a project, look at Chainlink and Polkadot for example, if a project isn't useful it will be ignored forever


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Inkdull on January 26, 2021, 10:53:10 AM
Be careful with DeFi projects, make sure you choose between the well established DeFi projects, not all DeFi projects are really decentralized, they are just using the name DeFi and Decentralized to fool the public, I recommend picking from top 20 altcoins on coinmarketcap, few DeFi projects are on this rank


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Inkdull on January 26, 2021, 10:54:50 AM
There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi  projects, they won't last long and they will surely exit scam


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: asriloni on January 26, 2021, 11:38:06 AM
Each summer, I guess, Defi mania will repeat itself. Its future is as bright as our faith.
If defi can't come with something new and then the golden era for defi will never come back again dude. You must have seen that before the defi trend can sustain only in a few months and then it got dumped so hard.
The same thing will always be repeating anytime when there's a new hype for defi and people will be massively buying it but they will dump it soon.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: JHORN on January 26, 2021, 11:46:55 AM
There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi  projects, they won't last long and they will surely exit scam

yes, some give as high as 300% of above, it doesn't make sense for a true business that has a long term vision except they are only created for short term purpose, a look at such offer will tell you it is too good to be true, better to join for short term, make profit and get out as soon as possible.
No doubts, such projects are created for long term purposes only, in a short period of time such project can't keep up and the team will have to abandon or exit scam, it's wiser to stay away from too good to be true projects


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: 1l1l11ll1l on January 26, 2021, 11:52:54 AM
There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi  projects, they won't last long and they will surely exit scam
Maybe this is a little weakness of the Defi system, you have to be extra careful and do thorough research before investing. most projects just copy cat and even just replace their logo without a real use case. look for a project that is really worth investing in


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: kenelmark on January 26, 2021, 12:11:57 PM
I still that DeFi has a clearer future than the other sectors in the crypto industry right now and the hard work that defi projects are doing shows how much this sector deserves the hype.
Yes, but things related to DeFi will also fade over time, especially if in the future there will be new things that will benefit many people in the crypto industry, indeed for now DeFi is still a very good thing, but this it also won't last long.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: TastyChillySauce00 on January 26, 2021, 01:01:22 PM
Each summer, I guess, Defi mania will repeat itself. Its future is as bright as our faith.
Who is defi mania? There's no defi mania as the majority of defi investors are the same with the ICO and IEO investors. These people are actively moving from the ICO to the IEO and then DEFI but they will be going back again to the ICO and this cycle will be repeating so many times.
This story is always happening when the pump was coming.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: milani on January 26, 2021, 01:43:33 PM
So far the future for DeFi has started to brighten up and has gone viral in the not too distant future, so if this continues then the future of DeFi will certainly experience good development, but the opposite can also happen to DeFi as it has already happened. on ICOs in the past.


You are quite right about the parallel between ICOs and DeFi projects in the aspect that it may be really bright future or may be sad sunset someday. Despite DeFi projects are not like projects that were in the boom period of ICOs, because DeFi projects are technically stronger in most points, in case it is really a DeFi project, they have serious trustworthy partners and collaborations with strong and demanded ecosystems or platforms, but nevertheless it is a market where different things happen and it is hard to make predictions. So we will see, the time will show it to us)


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: Drahzar on January 26, 2021, 10:01:42 PM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
besides i'm also try to work with dex-es who offer interesting options for liquidity providers and have simple and effective executive strategy
if u're researching, besides, did u heard smth about xsigma stablecoin dex? i checked them and it looks well-elaborated and credible


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: stomachgrowls on January 26, 2021, 10:12:58 PM
So far the future for DeFi has started to brighten up and has gone viral in the not too distant future, so if this continues then the future of DeFi will certainly experience good development, but the opposite can also happen to DeFi as it has already happened. on ICOs in the past.


You are quite right about the parallel between ICOs and DeFi projects in the aspect that it may be really bright future or may be sad sunset someday. Despite DeFi projects are not like projects that were in the boom period of ICOs, because DeFi projects are technically stronger in most points, in case it is really a DeFi project, they have serious trustworthy partners and collaborations with strong and demanded ecosystems or platforms, but nevertheless it is a market where different things happen and it is hard to make predictions. So we will see, the time will show it to us)
You are only talking in some DeFi project and the rest are just copy-cats which is just like into those ICO days where only few projects are significant and the rest were trash.

Just as expected on DeFi where there are ones which are really useful and relevant but as this market hypes up then you would really be expecting another load or bunch of crappy similar
projects will rise up later on and tending to get some share on the rising hype and make some easy money with it.

When it comes to the future of these projects then this had been always been a questionable thing because it all matters with the demand.Try to compare the hype or noise that
it had been generating when it was still starting up? It was too popular and really making some noise in every corner of this market and eventually able to hype out those projects
and able to reach out numbers which we didnt anticipate for it to reach out.

For now, if you do tend to make out some investment then its better to stick to the original or first ones. Dont tend to jump into those new copycat which
doesnt really have significant usage after all.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: shoreno on January 26, 2021, 10:26:34 PM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
ieo is healthier than defi but not sure about ico , ico have a projects that were legit and theres that failed and scams and defi also have that but the difference is defi is still on going .

if it still alive there is a chance that it can show its worth and produce more legit projects but asking if it will be regulated i think thats not going to happen but regulation wont be needed if all project creators have a dicipline and if they will only work fairly and honestly .


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: JeffBrad12 on January 26, 2021, 11:04:54 PM
There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi  projects, they won't last long and they will surely exit scam
yield farming is the only thing that can be offered by the scam defi. The crap defi has no ability to create a good feature other than high yield farming for its investors.
Yield farming itself just a crap offer. So many defi projects already dead since the defi hype at the middle of last year.
DEFI is not a hot thing again right now. people have been moving to the new coins.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: RealMalatesta on January 27, 2021, 09:22:40 AM
There are some DeFi projects with impossible yield farming and earnings, this percentage are too high to be true, you can never see such on proof of stake coins yet there are many people investing in such DeFi  projects, they won't last long and they will surely exit scam

yes, some give as high as 300% of above, it doesn't make sense for a true business that has a long term vision except they are only created for short term purpose, a look at such offer will tell you it is too good to be true, better to join for short term, make profit and get out as soon as possible.
No doubts, such projects are created for long term purposes only, in a short period of time such project can't keep up and the team will have to abandon or exit scam, it's wiser to stay away from too good to be true projects
Honestly for all three of you, the idea of high APY is not really that shocking depending on the price of the token and also why they are capable of doing something like that. First of all they are getting real money from the LP provided and that is what their income is, secondly they just give made up token they created so they are not losing anything, they are not even giving anything the system does that, and lastly those huge high APY is when nobody else invests, which means you make bulk of the profit, whereas if everyone starts to invest suddenly the APY starts to go down.

When you combine all these three you could see why it is possible for these projects to offer 300%+ at times, those are early days of the project that people invest heavily and get free tokens for just "renting" their money without even giving it to anyone or buying anything.


Title: Re: DeFi seems to be hot right now! What do you think about the future of DeFi?
Post by: eazolan on January 28, 2021, 04:57:45 AM
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
besides i'm also try to work with dex-es who offer interesting options for liquidity providers and have simple and effective executive strategy
if u're researching, besides, did u heard smth about xsigma stablecoin dex? i checked them and it looks well-elaborated and credible
yes i know them, i read a whitepaper and checked smart-contract, so as for me they are likely to be successful