Bitcoin Forum

I see DeFi projects are over, as same what happen to ICO before.

Will we see old coins revolution?
i'm talking about old good altcoins as like Eth, EOS, LTC, BCH, XRP..etc

what do you think?
is there any chance for DeFi tokens to bring investors again?

Old coins you mentioned are the standard these days, the scams hype come and go

I think we will likely ride the DEFI hype to 2021, people still believe there is still a lot of juice to be squeeze out of DEFI space for now, just look at the amount of money being raised weekly 90% are for DEFI market, as for the old coins what I think is that they will be there but just give decent gains and there will be stability

We will not see that again. The era for those old altcoins are over. Just look at how polkadot was taking over the old coins. Im thinking about we will see another huge waves for the legit icos again. The defi trend is not over yet.
People are focusing to invest in the legit defi that has already backed by the big VC and companies.

There is a chance for defi trend to be a popular trend again but i guess the only legit defi that can attract people to get in.

I think this is the revolution period of defi. After rainning period it will change.
New coin inter and defi lose its value

maybe and maybe not, maybe copycat defi won't last long, the old ones are still kicking and with good development. the new defi should think of something to add and improve their project to be able to last too. Like KittieFIGHT, a new defi project too, it offers betting cryptocats and will have their Yield Farming too. it is somehow different approach in a defi project.

Nope, It's not over mate. DeFi still have an potential but for now it's lack of improvement on new project with only copying the feature from Uniswap, Also Old Scheme that you said seems true some project that focused on ads and decentralized storage it's starting to rise. For now let's wait and see what will happen, Cheers!

Nope, the DeFi projects are still much available in cryptocurrency space because we're tiring about this technology. Without any iota of doubt, the defi ecosystem is much yet to be exploited by good project developers in the industry. The ICOs days were not matured days with Bitcoin compared with the defi days when Bitcoin has been 10+ years in existence. 

These aforementioned coins are still much performing well with the system, so, there is no issue either we're going back to the old days or not. The cryptocurrency ecosystem need to move on with good new innovative development than still romancing the old and expiring technologies in the industry. We need more of improvement in what the older coins stood for than romancing them in their old age.     


Defi tokens has showed their potentials months ago, they where able to bring new set of investors into the system but the issue is: will this be sustain? unlike what we had in the past during the ICOs, when investors went in numbers into the industry and later regretted their involvement when the system

Well i would say that the hype and fomo in defi projects is over and now only best projects will remain in the market. As far as old established coins are concerned yes there is a big bullish wave is expected and we can expect market to boom in next few months like really big.

It just started. The old coins will still be here, there is no question to that but they'd be more valuable when defi is going to stay in the long run.  There are projects that had just start to develop thier own Defi and I was only looking for few platforms I have invest on. The Defi revolution still is on and you'd be missing a lot if you don't join while the old coins are still down.

Today or tomorrow, I think the term of the Defi project will not long.  Very soon maybe we can get out of the insanity of the Defy project.  At the same time, I hope that the previous coins will return to their previous form in full force.

DeFi will Definitely bring more investors to come ini, IF the DeFi projects that coming (a lot of) doing their projects properly, same as ICO at 2017, cause bad or scam projects, many people run away from ICO. that's why, it will depends on the current and upcoming defi projects

Imao DeFi is not over and will not be over in several decades. Public can use services of decentralized finance and benefit from that. Hype around DeFi is supposedly over. Also the old good coins you've mentioned are very different (evil tongues whispers that some of them are not cryptocoins at all) and their future perspectives are different. But overall DeFi does not influence their price so much.

I see the DeFi market as not ending. But the trend is down from before. There are still DeFi projects that are still selling and investor interest is still high for investing.

Regarding old altcoins, as @OP mentioned. it's still good and it's still developing today. Even the potential for those old altcoins is still high. So that people still choose the old altcoins to invest in.

the phenomenon of defi is anything but not at the end indeed is only at the beginning and in my opinion it is the future, that means is the best way to earn crypto and I think it will see its maximum splendor and development next year...

I think DEFI is not over yet, now many ICOs and IEOs DEFI have sprung up in the crypto currency world,
this can easily expose us to scammers, so if you want to invest,
it's better to invest in old projects, such as Ethereum, XRP, or EOS

Who tells you that DeFi projects are over? DeFi projects are among top 100 best crypto projects for example ChainLink, the hype surrounding DeFi projects is too high and that's why many bad devs are making use of the hype to scam investors, I believe it's not over yet and this is just the beginning, many DeFi projects will die or bleed out later on so choose the best among the rest.

The old coins will be so difficult to get another golden momentum like 2017. That time will never happen again. The old coins must have competed with the new coins that have already made so many improvements.
The defi trend is still happening right now and it's not dead yet.

If you are watching so many IEO and ICO recently and there are so many defi platforms have succeessfully raised the funds in a few minutes.
That means the hype of defi is not yet gone.

You can try to see the latest coins that added by CMC and the majority of these coins are defi coins.

A wave of "legit" icos  ::).  The world would be better off without icos.  The only reason for an ico is to line someone's pocket with peoples bitcoin.  More scams have come from paid icos than probably any other crypto event.

It is not over yet, maybe at this time what is starting to end is DeFi new project which always commits fraud. But at the moment there are a lot of old projects and they are pretty good currently doing the migration and their project will become DeFi. This is attractive for investment if long-standing projects migrate to DeFi

seems the hype on defi project is not over yet my friend
because, i see a lot of new defi project still created by now, maybe this hype will stay until Q1 2021

Defi sphere is still very popular and I myself see how many cryptocurrency companies are created in defi sphere, and on this forum bounty companies from defi companies are constantly appearing now and I think that defi sphere will still show itself and most likely in 2021 defi sphere will still will be popular, so keep an eye on defi projects.

thats right, and the fact defi is a revolution in crypto industry
also in my opinion decentralized finance is not only a hype, this is somekind of a new trend in crypto space
just like a smart contracts platform in the past few years

Not that DeFi projects are over but I think the hype is over because it is not as much as it was before now, I will even say it didn't last long and those who made their profits are happy and those who didn't are left with series of losses. Also, looking at their prices now, I believe many people will be asking themselves if they made the right choice. In the same way, with the hype gone, the true state of the projects will be revealed hence we will know the serious team and those that do not care but only leveraged on Defi hype to achieve their aims.
Furthermore, just as this is the same case scenario as ICO, attention will be moved to those old but worthy coins such as Bitcoin and the rest in order to limit losses.

Personally I can't see a #defi exiting the market because they're still bumming with the hypes from new investors around the community. In a short interval, we have seen defi doing just great than others like ICOs and IEOs in the past, though we should be mindful of the market volatility around it. I think we are yet to see the goodies that are there in defi existence. Also, we should be careful with other happenings which can lead anyone to loss.

yep agree, as I know BSC network (binance smart chain) is still just getting started. Many DeFi projects have just started in BSC, many people currently use the BSC network because in ethereum GAS fees are very high. I can say the DeFi trend isn't over yet.

However, the DeFi trend at BSC is an opportunity for scammers. Today many are victims of scammers.  :'(

Yes, the scenario is improving for the big coins and we can sense the focus is going to change to top coins again so if you were flipping defi projects it is right time to get back to giants like btc, eth, ltc etc to witness and ride bulls.

Participants in crypto exchanges "will have to either obey or go to DeFi." However, the sphere of decentralized finance is not completely immune to possible claims of American regulators.
Everything will depend on how interested the United States is in controlling DeFi.

I still think that top and well reputed old coins like bitcoin, ethereum, litecoin, ripple, stellar and some more are here to stay and they will always be the first movers, although i have a view that stablecoins volume will soar in newr future but that too will boost the main coins.

Defis are far from over, infact they are just starting, yes, the initial hype has gone away now and from now on defi market will grow organically.
As far as the good old coins are concerned im mostly bullish about them and i do not think any trend can devalue them.

The DeFi era isn't over, it's just now natural selection is taking place, good projects will last and others will take turns.  We have to be smarter in choosing because now many scammers use the same method to cheat.  Lately I have often encountered flash airdrops that require sending fees even though their tokens have not been listed anywhere, they also do private sale by sending money first, we need more careful

The occurrence in Defi now is also compare with the 2016 dump with DAO, and this didnt deprive the eventual pump in 2017. Some believe a level of repetition is expected in this market for Defi like in DAO. My only fear is the hack of the saved fund and exit scam but the financial economics is simple and could give profit for all long term investors. The dump has not prevent new Defi from having their ICOs and they had been successful in past few days. i want to positive even the 60% dump in price of the Defi market.

What do you mean, mate?
Are there standard coins? I never heard anything like that in crypto space. People usually state "top coins" or "trusted coins" for the coins like Eth, LTC, EOS, XRP, BCH. Regarding the Defi hype, I think you shouldn't conclude it as scam hypes, it is totally wrong. Scams aren't related specifically to Defi, scams can happen in all types of crypto projects. Please, learn deeper about Defi, so you will know the truth.   

I don't think so that DeFi is over it will sustain 1 more year definetly.But your mentioned coin is top rated and these coins not going to make hyip. Like defi goes to1$ to 500$ something like that. These coins are pumping and will pump by following the btc race. But for safe trade these are good.

still defi makes a good position in crypto market & i hope that defi not over yet , but defi effect may be down. on the other side old coins are looks good but all old coin are not good. old coin like eth or EOS moving too much good.
thanks

Old coins like xrp will always stay firm with its potential to compete along different coins who soar in the marketplace. I have no idea yet for the DeFi tokens, but if their project will take a stand against other uprising projects; that's the time revolution commences. The opportunity will come and prosperity changes our way of living once every goals achieved successfully.

When we get something new (ICO, IEO and DeFi), we are ready to grab all of it. We know everything can't be good about something. I'm sure in the future we will have some good DeFi projects like dfinance or DIA. From the upcoming we will get a more interesting project like Chainlink. But some new coins couldn't enter the top list in a short time.

You have to accept that the Defi projects have started to give up. All of them are started to decline, thus if you have invested them better to sell it now. From ICO, IEO, and now Defi, they all gone just like how volatility we are.

Anyway, I was expecting this to happen as well. They come into hypes even those shit projects, no wonder why it goes like this and sooner or later they all be dead.

I know that not old coins are good for investment but much more for new coins. I keep Bitcoin and some altcoins that I think is profitable, maybe you can take that as well.

Like most trends that have happened, what makes it look bad are the many fake, half-baked, poorly planned projects that make DeFi's niche a little cloudy. Actually, Defi is still potent enough to be used to get profit, as long as we are able to implement a good strategy, most of the current defi are suitable for the short term, except for projects that are really potential as you mentioned, which seem quite promising in the long term. but always remember everything is at risk, dwyor.

DeFi trend lost its momentum. Many scam projects were born and dead. Scam developers exited with codes of smart contracts.

Lately the Binance exchange launch their new Swap pool that can help them to maintain position in crypto market and help people save fees when moving their funds. If think of it further, this adaptation of Binance makes some newbies lost money because they are moving funds between different chains. The receiver party won't help them to recover funds if they make mistakes. It is newbies' fault because they don't notice on warning when withdraw or make deposit.

Looks like this is just a hypothesis from the FOMO people or it could be for themselves. DeFi is not completely collapsed at this time, even though some DeFi has started to show lower performance, but DeFi still provides opportunities for FOMOs to join this hype.
But if the worst thing happens, namely DeFi completely collapses, then there will be further hype which of course makes us have to be prepared to determine the entry point to start investing.

I dont think so mate. I think defi is quite rocketing to moon right now but dome aren't the same performance. Some are slower and some are faster as anticipated.

The defi hype is not completely over because there are still many projects that use defi at this time, but it is not like two months ago now there is a slight decrease in demand, it is also caused by scammers who use the same hype as ICO before

The New DeFi project is still coming day by day. It is clear that the hype has slowed down but I think it's not over yet. But after a lot of pump dump situation investors became very careful and not in a harry to invest in the new DeFi project. They are playing with the old one and looking for opportunities.


Old project move with bitcoin I think. These happen before. Other ALTs market move with Bitcoin price. The old coin can be a good option for long term hold. A project like ETH, EOS, LTC will not be a scam so investors will get steady price change in these markets.

I don't consider the craze on defi projects were already over, the hype slowed down a bit but still people are looking for best defi projects to invest on and I don't see defi affecting other top coins rather,the prices moved according to the market irrespective of defi projects quick success so no need to mess up.

DEFI will never, it is just the start

The current DEFI is mainly Yield farming, lending and borrowing
Look further
Flash loans, debt consolidation, and all these traditional finance product will be available because of DEFI

Coins like EOS, LTC, BCH, XRP are just purely blockchain coins
Easily replaceable once they got no adoption
We need working products, not Blockchains
We had way too many Blockchains here

I don't agree if it says DeFi is over, Because DeFi prices are now down, it doesn't mean DeFi over. I am still optimistic that DeFi projects
will be hype until 2021, therefore I am still holding several DeFi projects. DeFi will still attract new investors, even some DeFi projects are
still actively promoting, so investing in DeFi projects is still profitable in my opinion. Regarding old coins such as ETH, LTC, XRP, EOS and
others it is still good for investment, because it has strong fundamentals, so the price can be pumped at any time. So it is highly recommended
for long term investment.

You're right, along with the scam that is still repeating itself on the DeFi project, I think investors will leave. the question of whether investors will return to old altcoins or not, we will know the answer next year because now we know the world is still in a pandemic and the economy still needs to recover first to know the future of this crypto coin market.

How did you say it's already over, and how can it be compared to ICO?
Every platform produce bad and good projects, we can't blame that to a certain platform like De-Fi, we are even lucky there was a hype as it somehow help the crypto market to recover and grow.

These are legit coins, they have already survive through time so they'll continue to live and probably succeed.


Yes.

I do not think the DeFi trend over yet. People just not in a hurry to invest in any DeFi. Especially they are ignoring any new Y series DeFi project. They are now focusing on a legit DeFi project that is already listed on market or has a strong team and partnership. After so many fake DeFi projects that becomes obvious that people will not throw their money blindly but not sure what will happen to those old coins.

Sometimes those with fast performance must also be questioned, why some of them can be fast and others can be slow, things like this must always be considered in order to make a more mature consideration in assessing DeFi.

some old coin will route defi on their new roadmap to gain the hype

defi just other lending scam revolution in 2017 nothing new just old trick with new package

so many good coin in bottom right now, defi needed to bring the hype for new coin,

smart money buying old coin while many ppl fomoed on defi

Currently some Defi projects are performing well in the market which indicates that people are still interested in Defi projects so Imo Defi projects is not over yet. these days mostly crypto community is focusing on defi projects to make profit in short time but it's not mean the time of good old atlcoins is over I believe whenever defi hype will be over then some quality old altcoins may give impressive performance.

This is like market correction maybe, when it's end defi will be more stronger. Just like bitcoin and other crypto trends, but iam not really sure that defi will ended just like ico 2017 because both are differents

when defi hype and trend over, it will replace by new trend or maybe back to old coins that developt new feature. as market cycle its very normal while new trend will replace existing coins. but to be honest , defi project trend now decline . most of new defi project didnt show good performance in market , maybe investors trying to find another opportunity to back to bitcoin as safest portofolio.

Many just learned where to focus now during hype we see many new DeFi projects popping and becomes successful then after few weeks the price drops. Now many were just focus trading DeFi projects that are worth it's value and trading for. I focus only on few defi like link, uni and mostly in Bitcoin and xrp in terms of trading.

Is the Defi really over tho? I think we will be seeing Defi still even in the end of 2021, the hype subsided maybe but the projects are still going for some. Scammers would be pissed if the hype ended quickly god forbid

they are not over yet, but people are slowly opening their eyes and understanding that DEFI has its risks


the only one on this list that has had a lot of attention in the past two months Is ETH, the rest of the altcoins on that list do not attract much attention


yes!


XRP is the worst investment that anyone can make, just look at the results that XRP has had in the last 3 years that you will understand what I am talking about and I cannot understand why there are still people who believe in XRP

Defi "revolution" never happened, there was a hyped amount of money going into it but there was also the logic of "money locked" which made it look like there were more money locked there than there were actually real money involved.

For example, people locked in let's say 500 million dollars worth of money in there, which is a lot of money I agree but nothing shocking and brand new for crypto world, but the money they gave in turned into tokens that worth 50x more money locked in wallets, so it looked like there was 25 billion dollars locked in when the real money was only half a billion dollars instead. That is how the real hype happened, people assumed there were money there that there wasn't and that made them go into it thinking everyone else was going into it.

I don't think Defi is ended. From my thinking it will go far more with the trend. Just some new Defi trends will come to create the hype. Now the most recent hype is defi+nft. Which is created by Dego. Dego launched there NFT minning and people really enjoying this. That's why a new trend started Defi+ NFT.

So, I think Defi will run in 2021 also. Let's see what new trends they bring.

it is still too soon to say that the defi project has ended, there are still so many new defi projects.
and investors are still interested in investing in defi, I think defi will continue until 2021.
some of the newly released ico still use defi.
if there is a new trend then it will spread fast in the market.

I see the DeFi project is still booming, as for the decreasing price it is just because the sentiment market for all crypto prices. I believe if the major countries still have a problem for their economic situation the price crypto currency price will still in uptrend market.

Yeah we know in a few weeks ago especially US government is trying to recover their economic situation and they are successful. We can see to the dollar index (DXY) chart is increasing. This is mean there were many investor who convert their crypto asset to dollar again.

Well, that could be possible but looking at what it happens to most of them, they are actually moving down. Could be the HYPE is over? Or the Defi projects have become worthless and investors are now leaving making the market suffer.

Not only the US has worked to recover their economy, but all countries also had to make their way to recover their big losses as the pandemic ruin it. I couldn't say that this influence the current changes in regards to Defi projects. It is very unfortunate that what it happens to ICO and IEO before has also been happening to them.

ICO and DeFi Projects are still running. it's not over yet. there are so many DeFi project now and they still have so many investors that invest in DeFi projects. i think DeFi will still hype until next few months. also i don't think that we will not see the old good altcoins revolution if they don't have any big improvement on their projects. for now i think old good altcoins is just good for trading.

I agree. While most of the new projects ride off the back of DeFi this sector in particular is still going strong. For sure, project selection to get a strong hold is required but at least there's still potential left. Having already backed up DeFi, I do also believe some strong alts will keep on going these in my opinion beside BTC are ETH, LTC, XRP and maybe LINK. I'm not so sure about the last as its performance lately hasn't been all that great but I do know a few projects which rely heavily on this coin so maybe this will turn around.

With how new projects that involve around DeFi it's clear that the hypes still there, though it's not the same from the first time it's been introduce where huge amount of investment flows around.
There's still chances that you can continue benefiting with those new projects just need
to make sure not to forget reviewing and deeply analyzing new projects to avoid getting
scam and lose your capital.

your comment apply to all DeFi similar projects as like Uniswap, Sushiswap, Burgerswap,..etc
while old coins are similar with blockchain, but LTC for example is better for small transactions as it has fast and cheap fees.
Eth and BTC are not similar too, Eth is good for automated contracts.

yes they have similar blockchain system, but i can say some altcoins as like Eth and LTC could be better than BTC in some cases.

this is that i think is happening now..

I think Defi still a live. Maybe this time some altcoins go down because situations. And Old Coin i think this is normal situation. They have ups and down.

100% agree with you, we can't judge a hype is a destroyer of the ecosystem, instead we have to think that hype is an opportunity for us to be able to invest and earn money.

Hype just comes and goes, if there wasn't hype, the cryptocurrency world would not be as crowded as it is today

I think DeFi hype is not over yet. It will take some more time to be over. Some people are still interested in DeFi.
Old is gold. The new trend will come and go but the old ones will survive.

We are gradually coming to the end of the defi boom but there are new opportunities colliding with the Defi coins. the NFT tokens which is about to replace the DEFI boom but it seems the DEFI projects are aligning their project with the NFT sector. we might still see the DEFI project for long as they align with current trends. besides traditional banks has been in existence for long and they are not going away.

The era of DEFI is not over yet, not all capabilities of these projects have already been worked out. Therefore, we will see more than one project that will surprise us with its achievements. And the old tokens will remain as they were. The development of technology goes on as usual.

Defi is still on its, as what you said, "revolution period". For me, it will also take a lot of time before it will follow the path of ICO, or maybe not. It is true that coins may come and go, but losing its' value is not yet to be considered. As of now, it still hype, so let's take opportunities from it.

There are still people who think that a centralized coin will rally, even in the speculation thread you will find many topics regarding how the valuation of XRP reaching a dollar.

A typical hype train, i am not too engaged in the DeFi market, i am hearing about reports about millions being locked away and so was the reason ETH had a huge rally, but i had no idea about the mirage you were talking about. 

Have you seen fiscus.fyi before? They combined DEFI and gambling dapps! And NFT's incoming! $uFFYI $FFYI

Just need to find the right gems that will survive this defi winter and grow to be the biggest projects we have seen yet

I think DeFi will still exist until 2021, I see many Defi projects that use NFT as their feature. This is a great step for Defi's development. But, I'm always looking forward to crypto developments in the future.

There is a big hype for defi tokens these days. I think most of it is dying but I don't expect any of it go away anytime soon and not until the end of 2021. You'll keep seeing new defi projects every now and then but investors have become more cautious after what happened to sushi, yam and few others. Its good to see top reputable coins are holding up nicely along with btc while everything else is crashing down.

In my opinion, Defi is not over yet, since DeFi first appeared so much favored by investors and I predict that DeFi tokens will bring more investors.

What we experience during the ICO's day is likely the sameof what we saw with these Defi projects. Some are worth for investment but some also are worthless.

I shouldn't have to think a profitable investment with them, not even it encourage me to do it.
ICO, IEO, and Defi projects, most of them suffered downtrend trend motions after hitting on its peak which makes many investors losses their money. They aren't yet over but I expect investors are strated to ignore them.

The DEFI adventure is slowly coming to an end. Just like the ICO craze in 2017. These kinds of adventures and attempts can always be experienced. When the hype is high, a lot of counterfeit money appears and most of them are garbage. Few projects continue to work and improve. The most important issue here is what they bring to the crypto world.