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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: techptcl786 on September 09, 2020, 04:03:00 PM



Title: impact of added new token in defi market?
Post by: techptcl786 on September 09, 2020, 04:03:00 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?


Title: Re: impact of added new token in defi market?
Post by: ryzaadit on September 09, 2020, 07:04:27 PM
A lot of people gonna be a victim from Pump & Dump token.

History of 2017 will be made again these years because of DeFi, and make bad for all cryptocurrency community/asset just because we have a lot of victim rekt on DeFi by exit scam and make high FOMO price. You know the case of Lending Platform on 2017 right? that's gonna be happen again because of all this DeFi. I also see the response from CZ how they ADD DeFi to their exchange, seem like CZ/Binance was also don't want to protect their customer anymore they scared because all this hype DeFi losing some customer if they not listed DeFi token to their exchange.


Title: Re: impact of added new token in defi market?
Post by: stomachgrowls on September 09, 2020, 10:40:43 PM
A lot of people gonna be a victim from Pump & Dump token.

History of 2017 will be made again these years because of DeFi, and make bad for all cryptocurrency community/asset just because we have a lot of victim rekt on DeFi by exit scam and make high FOMO price. You know the case of Lending Platform on 2017 right? that's gonna be happen again because of all this DeFi. I also see the response from CZ how they ADD DeFi to their exchange, seem like CZ/Binance was also don't want to protect their customer anymore they scared because all this hype DeFi losing some customer if they not listed DeFi token to their exchange.
You got it right!

History will surely repeat just like those old days of ICO where everything is on hype and then suddenly crashing it hard.Its no different on whats currently happening as of this moment.

Do you really believe that Binance would delist it out? No they wont because thats where they do make money and they would list out as long they do see that they can profit nor benefit.

Thing here is that the owner itself did really give some words about DeFi which is actually the truth. Invest only the amount you can afford to lose. Crypto investment is always been risky.

Hopefully people wont fall badly or too much of this hype.


Title: Re: impact of added new token in defi market?
Post by: TomArayaSlaya on September 09, 2020, 11:40:52 PM
Seems normal to me I mean they are basically around all this while and its not that they just gotten to binance to make a little job.Is good for those coin but some of them are really down during the bearish brief


Title: Re: impact of added new token in defi market?
Post by: JeffBrad12 on September 10, 2020, 03:45:30 AM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?

It will not give any impact on the crypto market. But it will be a sensible question if you are asking about what impact that will be received by koinfox. koinfox is an automation tool and how can you sure if that will give an impact to the crypto market?
Crypto market will get an impact when there was a new legit coin that can push the total marketcap of crypto.

The koinfox user will become a party who will get the advantages from the decision that has already made by koinfox to add hot coins to its service.

It has nothing to do with cryptomarket. I think you must understand the context of your question again.


Title: Re: impact of added new token in defi market?
Post by: michellee on September 10, 2020, 06:15:23 AM
A lot of people gonna be a victim from Pump & Dump token.

History of 2017 will be made again these years because of DeFi, and make bad for all cryptocurrency community/asset just because we have a lot of victim rekt on DeFi by exit scam and make high FOMO price. You know the case of Lending Platform on 2017 right? that's gonna be happen again because of all this DeFi. I also see the response from CZ how they ADD DeFi to their exchange, seem like CZ/Binance was also don't want to protect their customer anymore they scared because all this hype DeFi losing some customer if they not listed DeFi token to their exchange.
I think people will be okay to be a victim of the pump and dump token because many of them attract to buy and sell the token. Maybe they think that as long as they can make a profit from the token, it will be no problem if the token finally will scam them. But I think binance will be selective to select the token in their market because that will relate to their reputation among the other exchanges.

The history will repeat, and this time, we already see the new trend in DeFi, and that invite many investors to back to the market. I hope that the investor can be careful, and they can get out of the market while they can.


Title: Re: impact of added new token in defi market?
Post by: Benefactor on September 10, 2020, 08:35:45 AM
I don't think so the coins been make a huge impact on crypto market though. There were a lots of coins couldn't make it yet and the coins you mentioned i don't think they couldn't make a big impact on crypto market. But the crypto currency is unpredictable there happen anything anytime so, let's see if there make any changes or not.


Title: Re: impact of added new token in defi market?
Post by: batang_bitcoin on September 10, 2020, 09:31:08 AM
There will be people that will earn from those defi but all of it won't sink it in the end. There will be remaining projects that will be staying on the market and the others are likely to be gone once there's no more hype for defi.
To the projects that have pave their way to the top and their popular increased, they will be the ones that will be staying with the other top cryptocurrencies that are known and common in the market.


Title: Re: impact of added new token in defi market?
Post by: Silberman on September 10, 2020, 06:27:52 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Let me give you and example, lets suppose you have a cup of coffee with no sugar and you decide to add a spoon of sugar, and then you taste it, you will notice it has gotten sweeter, if you do this again you will notice it is even sweeter than before but when you add the third spoon you will notice that it does not get that much sweeter anymore and by the 10th spoon you notice no difference.

This is the law of diminishing returns and it applies to this market as well, we are full of DeFi projects now and 10 new projects are not going to have any significant effect on the market unless one of them is many times better than anything we have seen so far, something that I doubt of course.


Title: Re: impact of added new token in defi market?
Post by: mersal on September 11, 2020, 05:06:32 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Binance facing scam accusation due to adding the project sushi which exit scammed in less than 24 hours after it got listed and another project in the last couple of days ago did the same and 20 million worth of tokens were locked.

So any reputed exchange has been adding defi shit tokens will lose their reputation.


Title: Re: impact of added new token in defi market?
Post by: jacafbiz on September 11, 2020, 05:21:59 PM
DEFI market is the one generating huge volume now and it would be very stupid for any exchange to miss out of the trading fee. The impact of DEFI is huge and you can see not just in trading and exchange listing alone, most of the VCs deal in August was in DEFI space, and with this significant return, no one can afford to miss the hype


Title: Re: impact of added new token in defi market?
Post by: rizkyalhabsy on September 12, 2020, 05:52:56 PM
very extraordinary just look at the coins that are very hype right now is defi. maybe this is the defi year and different from the previous year the hype is io and ico. tremendous influence in the world of crypto


Title: Re: impact of added new token in defi market?
Post by: Lordhermes on September 12, 2020, 10:36:58 PM
The first lending coin created was bitconnect and was found out to be scam project, it was because of their excess hype that resulted to many fake project impersonating lending as their idea in their whitepaper. The very last one I participated that ended up crashed till date is Money Token(IMT) (https://coinmarketcap.com/currencies/moneytoken)
Quote
MoneyToken steps in. The MoneyToken platform allows you to borrow liquid funds instantly based on the current value of your cryptocurrency asset holdings.
https://moneytoken.eu


Title: Re: impact of added new token in defi market?
Post by: crzy on September 12, 2020, 11:15:23 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
There’s no big impact on this since most of those DeFi token are already listed on some exchanges and listing on Binance doesn’t guarantee a big impact on the market. We have to see every project its real purpose, and if you’re looking for an impact in the market then it must be good aside from bitcoin, but since DeFi is pure of hype its hard to tell the real impact of it.


Title: Re: impact of added new token in defi market?
Post by: pallang on September 12, 2020, 11:53:03 PM
The first lending coin created was bitconnect and was found out to be scam project, it was because of their excess hype that resulted to many fake project impersonating lending as their idea in their whitepaper. The very last one I participated that ended up crashed till date is Money Token(IMT) (https://coinmarketcap.com/currencies/moneytoken)
Quote
MoneyToken steps in. The MoneyToken platform allows you to borrow liquid funds instantly based on the current value of your cryptocurrency asset holdings.
https://moneytoken.eu

Im still holding this token on my wallet and  i thought it is already dead, as there is no sign of them.. No social accounts and telegram. Yesterday as i check my wallet i see imt on pump. Hoping it will continue to go up.


Title: Re: impact of added new token in defi market?
Post by: Bezobraznike on September 13, 2020, 11:56:04 AM
   I don't think there is some big impact from adding new DeFi projects in the crypto-market. It's the trend and many developers
are trying to push their own product. Only effects from all those new DeFi projects are towards investors, with so many projects
it's confusing to find out what is real and what's not. You need to research all the projects to find which ones are good ones, just
looking at the market and all those new names is like you didn't do any research, you are trying to guess which ones are good and
which ones are bad.


Title: Re: impact of added new token in defi market?
Post by: $crypto$ on September 13, 2020, 12:59:50 PM
The big impact is only when the hype comes after that it seems like it will never happen again, many DeFi tokens have been successful until they enter Binance, of course, is a great opportunity for those of us who have bought it early, we know that tokens have entered the Binance exchange is the best token to choose by. Therefore, the impact on the cryptomarket will not have a big impact, but we'll see how Bitcoin reacts if there is a big impact.


Title: Re: impact of added new token in defi market?
Post by: terciduk123 on September 13, 2020, 11:08:40 PM
The impact that I have personally felt since the DeFi trend is that the enthusiasm for investment has increased, many Defi projects do not have detailed information about their project but the token price has increased by several hundred times. This made a lot of people join the DeFi project even though the risk was very high.


Title: Re: impact of added new token in defi market?
Post by: Lagduf on September 14, 2020, 06:28:49 AM
Those coins will actually give nothing to the market. I thought that if your question has two different answers.
When there was service will try to add more coins on the list of its platform and can we call that these coins will bring something big to the cryptocurrency? There was no different about when koinfox was adding more asset and not adding anything to its service.

If we are seeing from what impact that has already made since those defi has come to the market and then those coins has made the defi trend became very popular among the crypto users especially YFI.


Title: Re: impact of added new token in defi market?
Post by: ichsan ardi on September 14, 2020, 03:47:54 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?

There is a lot of impact on the cryptomarket, we can see that there are many who are flocking to invest in crypto at this time and head to DEFI


Title: Re: impact of added new token in defi market?
Post by: Shasha80 on September 14, 2020, 11:18:22 PM
Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.


Title: Re: impact of added new token in defi market?
Post by: senyorito123 on September 14, 2020, 11:41:22 PM
Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.


Partly that's right my friend, I don't trust too much with holding coins for such a long time and it made me so depressed along ago. I was able to believe on so many motivations but somehow it ended up a worst nightmare. It even put my finances into failure on different ways, which frustrated me on my important expenses like my house projects and other needs for the family. Once I believed crypto coins I got will solve all of that problems, but ended so bad at all.


Title: Re: impact of added new token in defi market?
Post by: jawakoak on September 15, 2020, 06:41:18 AM
I think its new trend of defi will bring newcomer to crypto world, beginner with fresh money will be interested in crypto when see YFI price, its look like ICO in 2017, new project with defi labels will come more and its good when bitcoin and ethereum use for those project.


Title: Re: impact of added new token in defi market?
Post by: cepot9 on September 15, 2020, 02:58:38 PM
I think that will just make the exchange less special, I consider Binance to be the best exchange for choosing the right one when it comes to listing new projects, but when DeFi came along they quickly put in quite a number of new projects on their exchange and Coinmarketcap


Title: Re: impact of added new token in defi market?
Post by: Ridwan Fauzi on September 15, 2020, 03:15:45 PM
You can take a chance to gain a short term profit with this situation don't take for long term investment. We have at least faced three event until now, ICO, IEO and now DeFi project. Take a look with the privious event, are those two event has good potential for long term investment? Although it is depend on the project itself but most of them are nonsense right now.



Title: Re: impact of added new token in defi market?
Post by: Masyudhi on September 15, 2020, 05:34:41 PM
I think that will just make the exchange less special, I consider Binance to be the best exchange for choosing the right one when it comes to listing new projects, but when DeFi came along they quickly put in quite a number of new projects on their exchange and Coinmarketcap
They were taking advantage of the popularity as well the trading volume it can give in their exchange, DeFi projects were now like ICO before in how they behave in the market, there will be a sure pump and dump that may not also able to survive just like what happened to the old ICO projects now that are soon to be delisted. We can't blame the exchanges as it can be the only way again for them to be known for those not yet popular exchange and this popular exchange like Binance to still keep their customers as DeFi is really a trend now for traders.
defi project are a target for investors now but it cannot be ascertained if all defi or coin defi projects are of quality there are some coin defi down very deep and many victims accuracy needs to be considered before investing even if it's a project defi or coin defi


Title: Re: impact of added new token in defi market?
Post by: Silberman on September 15, 2020, 08:14:30 PM
Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.

I think the opposite, the market is so full of DeFi projects that I do not see how a few more of those projects add anything meaningful to the community and I will not be surprised if at least a few of them turn out to be scams and the rest end up disappearing as their developers fail to live up to the hype they are trying to generate, people need to be very careful scammers are taking over the DeFi market just as they took over the ico market and we all know how that story ends.


Title: Re: impact of added new token in defi market?
Post by: cassavachips on September 16, 2020, 07:35:29 AM
For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.


Title: Re: impact of added new token in defi market?
Post by: Pamadar on September 16, 2020, 07:48:00 AM
For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.
Reality is happening now, those old coins who have good feature and still developing are now losing supports due to this hypes.

Investors chooses to invest and take the risk after seeing the potential of gaining from this hypes, there's impact since there are more
options and there are more hypes to follow, be very vigilant in choosing which project to invest especially with DeFi kind of projects.


Title: Re: impact of added new token in defi market?
Post by: glowing10 on September 16, 2020, 09:05:20 AM
For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.

This is flowing with the wind sort of thing, where since currently its Defi hype so many projects are coming related to it. Till the time it is growing and those who can make money with those coins good and once we see the fall it will be massive, and people would lose a lot if they continue to hold the bad coins. So, choose the coins wisely I can say for now.


Title: Re: impact of added new token in defi market?
Post by: poodle63 on September 16, 2020, 02:16:45 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Binance facing scam accusation due to adding the project sushi which exit scammed in less than 24 hours after it got listed and another project in the last couple of days ago did the same and 20 million worth of tokens were locked.

So any reputed exchange has been adding defi shit tokens will lose their reputation.
though sushi dev has returned the money and probably got doxxed or threatened lol. at this point where even binance got scammed i think people should be more alert to what they are investing and making some real research not based on their gut.
the defi project could really turns out to be good or really bad. people over hyping it to the point they just randomly investing and expecting quick profit.


Title: Re: impact of added new token in defi market?
Post by: marks1976 on September 16, 2020, 10:59:53 PM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.


Title: Re: impact of added new token in defi market?
Post by: AmoreJaz on September 17, 2020, 08:11:26 AM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...


Title: Re: impact of added new token in defi market?
Post by: jawakoak on September 19, 2020, 04:05:21 AM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..


Title: Re: impact of added new token in defi market?
Post by: Silberman on September 19, 2020, 08:23:55 PM
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Binance facing scam accusation due to adding the project sushi which exit scammed in less than 24 hours after it got listed and another project in the last couple of days ago did the same and 20 million worth of tokens were locked.

So any reputed exchange has been adding defi shit tokens will lose their reputation.
though sushi dev has returned the money and probably got doxxed or threatened lol. at this point where even binance got scammed i think people should be more alert to what they are investing and making some real research not based on their gut.
the defi project could really turns out to be good or really bad. people over hyping it to the point they just randomly investing and expecting quick profit.
The problem is that I think we have reached a saturation point, even if good projects come out now every single day we see new DeFi projects making the same kind of promises and we have reached the point in which now it is impossible to tell if a project is good or not and when that happens investors have everything against them as instead of relying on their skills they will have to rely on their luck and that is never a good thing especially in this market in which the majority of projects are scams.


Title: Re: impact of added new token in defi market?
Post by: Quidat on September 19, 2020, 08:49:23 PM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
I dont see the same thing for it to be on the exceptional side when in talks about YFI.Just like you i dont see any reason for it to be promising.All projects now on DeFi field is just
really being driven by hype.I dont see its relevance.. Im not really that too negative or skeptical but i dont really believe that Decentralized Finance will really be implied
or would really go further.There might be some project whom do able to do so but wont really get that far.I do always have the feeling and perception that
when hype would ran out some gas then its time to have some reverse market price and for people who get hyped too much then better be careful.




For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.

This is flowing with the wind sort of thing, where since currently its Defi hype so many projects are coming related to it. Till the time it is growing and those who can make money with those coins good and once we see the fall it will be massive, and people would lose a lot if they continue to hold the bad coins. So, choose the coins wisely I can say for now.
Better not to hold and just simply buy and sell will be a better option yet pointing out which project will able to last then its already a hard job to be done.Majority of those projects that do go along
with the hype will eventually die if the trend would lose its hype.For now we are still on the fomo side where people do still interested since its still new but few weeks or months later then
we would might able to see just like on what we have saw on ICO trend.


Title: Re: impact of added new token in defi market?
Post by: semobo on September 19, 2020, 09:55:31 PM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
Ofcourse they are just fueling Defi market by these kind of listings and airdrops so the hype will last longer or else people would exist from the market more soon than what happened to ICO market in 2018.


Title: Re: impact of added new token in defi market?
Post by: samcrypto on September 19, 2020, 11:58:38 PM
From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
A fast switch from a YFI to a UNI hype, well Binance is also joining the hype because they know they can earn a lot from that at the cost of investors. Well, we are seeing the same situation before where ICO is over hyped so expect for a DeFi project for a more volatile price. The impact of new added token will depend on how the project works, so let’s see if we are going to enjoy the effect of DeFi tokens.


Title: Re: impact of added new token in defi market?
Post by: kotajikikox on September 20, 2020, 12:42:33 AM
A lot of people gonna be a victim from Pump & Dump token.
This is what i am afraid off,that history will repeat itself from 2018 altcoin season.
There are many investors that risking their money inside DeFi project
while Manipulator is waiting for their timing to take their money outside each projects.

History of 2017 will be made again these years because of DeFi, and make bad for all cryptocurrency community/asset just because we have a lot of victim rekt on DeFi by exit scam and make high FOMO price.
This will add Bad impression again in Crypto market that still recovering from the past and also from the prices.
Hope People will early realized the situation and full out their money before it's too late.



They should Understand the the safest currencies to invest are those who had been inside for long time and proven their legitimacy and products
so as their services,that there are nothing to be afraid though sometimes price are very affected from volatility.


Title: Re: impact of added new token in defi market?
Post by: lepbagong on September 29, 2020, 03:27:59 AM
still can't affect my estimate for the latest system defi, because every update will always attract more attention but the results that look new are a little very vulnerable to behavior that looks for opportunities in situations like this, it's good to see developments first and can't decide in fast tempo. so as not to be affected by things that might be detrimental.


Title: Re: impact of added new token in defi market?
Post by: leea-1334 on September 29, 2020, 04:57:23 AM
still can't affect my estimate for the latest system defi, because every update will always attract more attention but the results that look new are a little very vulnerable to behavior that looks for opportunities in situations like this, it's good to see developments first and can't decide in fast tempo. so as not to be affected by things that might be detrimental.

Same here,,, every project now in the space is also coming out with Defi. And you know, even the ones who are promising safety say,,, no more rug pulls etc etc are now facilitating rug pulls themselves. So utterly and ultimately disgusting I cannot even begin to say how angry it is making me like in ICO days!


Title: Re: impact of added new token in defi market?
Post by: MCobian on September 29, 2020, 10:49:34 PM
Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.


Title: Re: impact of added new token in defi market?
Post by: okala on September 30, 2020, 08:42:03 PM
Defi is a game changer and we are going to see a repeat of what happens in 2017 because of the ico. Cryptocurrencies market is getting actracting by the day and those that buying into it early has made good returns on investment. Defi is the new face of it and the earliest we accept this reality the better for us.


Title: Re: impact of added new token in defi market?
Post by: Hippocrypto on September 30, 2020, 09:36:00 PM
Defi is a game changer and we are going to see a repeat of what happens in 2017 because of the ico. Cryptocurrencies market is getting actracting by the day and those that buying into it early has made good returns on investment. Defi is the new face of it and the earliest we accept this reality the better for us.

We can't expect too much out of this happenings, just be focus on what's really efficient for the current situation. Last 2017 was already done, so moving on for another year will be the biggest challenge. Defi market need more time to fully mature, and if we're hoping for positive results then let's wait for more months to observe the daily activities.


Title: Re: impact of added new token in defi market?
Post by: poodle63 on September 30, 2020, 09:50:21 PM
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
That's possible, people are randomly investing into these project like in the past anyway but what I see different is that the Defi which platform is to offer service like exchange is not some empty promise trying to give return of investment out of nothing but they have working system.
the platform could bear to give the participant the promised return of investment simply because it's sustainable but we gonna see whether it could hold for long.


Title: Re: impact of added new token in defi market?
Post by: AmoreJaz on September 30, 2020, 10:01:32 PM
Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.

definitely, there will be noobs who will get rekt in this defi hype. if you ask yourself, how many of these defis have real foundation, aiming to have working platform and such? take for example, YFI - how long they will be in beta? but look at the their price - more than double of btc price. where is that value coming from? how did they manage to achieve such price?
 so yeah, i am sure a lot will be victims of this defi hype just like the ico period. dont be one of them!


Title: Re: impact of added new token in defi market?
Post by: Mahanton on September 30, 2020, 10:21:46 PM
Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.

definitely, there will be noobs who will get rekt in this defi hype. if you ask yourself, how many of these defis have real foundation, aiming to have working platform and such? take for example, YFI - how long they will be in beta? but look at the their price - more than double of btc price. where is that value coming from? how did they manage to achieve such price?
 so yeah, i am sure a lot will be victims of this defi hype just like the ico period. dont be one of them!
Not all joiners are considered that have been dragged with the hype yet some veteran do really know on what they are doing and just go with the flow just because they do know that they can make out money out of this hype.Well, if there are gainers then there would be lossers which its always been a basic thing on this market.We should really be careful and never ever consider on letting yourself to be dragged with Fomo
or else you would really be wrecked up really hard when the market tends to shift upsidedown, thats why we should really be vigilant and do make right decisions as long you had already make some gain
then it isnt a bad idea to secure your profits out and leave the market.


Title: Re: impact of added new token in defi market?
Post by: Johnyz on September 30, 2020, 11:58:57 PM
Binance is listing any token they see as a potential to pump because they will earn money from it and if there’s more DeFi project to be listed then expect users to trade with it and it can impact the whole market of Binance but not the cryptomarket since this is just one exchange and we have so many options in the market. The impact of listing defi project is that, many options to be available for everyone who wants to invest.


Title: Re: impact of added new token in defi market?
Post by: shoreno on October 01, 2020, 07:22:11 AM
Quote
10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?

defi market for binance ? is what i read correct . is that defi are seperated because they are decentralized while there was also a decentralize version of binance , is that what you mean ?

 if im not mistaken , yfi , link and band are not new but they are already trending before but new additions of defi token can give this defi market a boost while at the same time it also gives bad impression if new tokens are not made well . its hard to decide if we should stop them or we allow more .



Title: Re: impact of added new token in defi market?
Post by: hulla on October 01, 2020, 07:27:03 PM
The significant impact of the DEFI project on the market for me personally is the ridiculously high cost of GAS for any altcoin that uses the ETH blochain. it is ironic that DEFI can make such a huge fomo in the market that makes dumps and pumps so significant every day.
It understandable that Defi market led to the high cost of transaction fee in the ETH network though I believe you guys are after the negative concussion caused by the Defi market than the positive because Defi also make some investors join the crypto investment and pump the total cap of crypto market. However, we need to understand that every great opportunity will have great risk and if ETH successfully launch there 2.0 network the high gas fee wont be an issue.


Title: Re: impact of added new token in defi market?
Post by: Warkop on October 06, 2020, 09:28:21 AM
In my opinion, the addition of new tokens has no effect there, because it looks like a lot of new tokens added on Binance look normal without exception if the token is liked by many large investors who buy it it will have a good impact and the price will go up. So for that, let's see how the token grows or not for its price once it is added to the Binance exchange.


Title: Re: impact of added new token in defi market?
Post by: Wawa2013 on October 06, 2020, 02:27:34 PM
In my opinion there is nothing wrong with the many DeFi projects that have appeared, maybe a good thing so it makes demand
for crypto increase, and coins that are not included in DeFi projects will be affected, the price will goes up too. The problem is that
we don't become victims of FOMO by buying DeFi projects at peak prices, and don't be too greedy to get big profit from DeFi projects.
If you have a profit, immediately sell the DeFi coins we have. Don't hold on to DeFi projects for too long, because DeFi projects can
suddenly fall in price.