Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: thewarriorofthelight on October 24, 2020, 01:43:06 PM



Title: DeFiChain
Post by: thewarriorofthelight on October 24, 2020, 01:43:06 PM
https://coinmarketcap.com/currencies/defichain/
What do you think about the project?


Title: Re: DeFiChain
Post by: bassbity on October 24, 2020, 02:57:48 PM
This is your first post, so I appreciate it even though I am confused by the topic you brought up. : D
learn again what is Bitcoin what is Defi, before you invest.
Do not be afraid that I have ever been in a position like you, and in this forum we are both learning. continue to increase your knowledge. read every article, journal related to cryptocurency.

keep the spirit because the crypto world is not as easy as imagined, it takes persistence and seriousness.


Title: Re: DeFiChain
Post by: bekti3 on October 24, 2020, 03:13:56 PM
what you ask about which question should I answer?
do you mean bitcoin and IOTA is good crypto? obviously good. it's just that I am confused about the topic you are talking about has no significant questions.
I understand that you are new to this forum, it can be seen from your activities.
maybe in the future if you are going to make a topic of conversation, it would be nice to explain what you will question.


Title: Re: DeFiChain
Post by: istiak2277 on October 24, 2020, 03:30:28 PM
https://coinmarketcap.com/currencies/defichain/
Third DLT I bought (1st was BTC, 2nd was IOTA).
I like how they deliver so fast on promises, even if the network effect there is small.
What do you think?

You are asking about your investment in DeFiChain is good or you are asking about the DeFiChain project is good? As I know this company is located in Singapur and this project looks like other usual DeFi projects nothing exceptional.
I can see from there it's listed on many exchanges which are good. Price is still low so there won't be a problem to add some to my portfolio.


Title: Re: DeFiChain
Post by: thewarriorofthelight on October 24, 2020, 05:08:44 PM
Thanks for the advice, I learn more every day  :D
DerGigi and Guy Swan help me a lot, and I read a lot of whitepapers.

Sry, you’re right. I haven't formulated exactly what I'm looking for.
As guessed, I’m new to crypto - ignored it for a long time but when I lately started education myself, I found answers to questions I was having for nearly 5 years.
Bitcoin has inspired me, and I am looking for other currencies that could help it to change the world.
There is a lot of content about Bitcoin and IOTA. But I couldn't find a lot of discussions about Defichain. So I decided to create it. The discussion can be investment-wise but i think more are trying to figure out how to bring Bitcoin and the ones connected to it to global scale. The moon is only the perk that comes along with us discovering cryptographic money before it becomes mainstream.
I wanted to know whether someone here has heard about the chain, whether you think that future companies might publish their shares on DLTs, if the vision will help us to rebuild sound money and finances or not. Whether someone might want to discuss the implications of the chain’s vision on our life and economy with me.

On second thought it might be better to rename the channel to “DeFiChain & what is necessary for having the appropriate ecosystem for all financial services of the traditional economy to transition safely to DLTs?”. Is that possible?

And yeah.. glad to be here. Honestly, I did not expect so many answers so soon.


Title: Re: DeFiChain
Post by: disconnectme on October 24, 2020, 08:14:33 PM
This is your first post, so I appreciate it even though I am confused by the topic you brought up. : D
learn again what is Bitcoin what is Defi, before you invest.
Do not be afraid that I have ever been in a position like you, and in this forum we are both learning. continue to increase your knowledge. read every article, journal related to cryptocurency.

keep the spirit because the crypto world is not as easy as imagined, it takes persistence and seriousness.
He knows what he/she is going, he just want to generate interest in his bag. I don't believe a newbie will look into the Coinmarketcap and out of the 1000'2 there you will pick DefiChain unless you are an investor in the project or part of the marketing team. I have seen people use this tactic to shill out their bags


Title: Re: DeFiChain
Post by: thewarriorofthelight on October 25, 2020, 07:48:35 AM
Well.. the person that got me into crypto is also on the team that has created the chain. : D
Nevertheless. I’d love love to know what veterans that aren’t in the teams followership think about their vision - if they are working in the right or wrong direction. If they will be able to push forward DLT and Bitcoin adoption or not.


Title: Re: DeFiChain
Post by: zasad@ on October 25, 2020, 09:49:34 AM
https://coinmarketcap.com/currencies/defichain/
What do you think about the project?

https://defichain.com/white-paper/
"The function set includes among others:

Decentralized lending
Decentralized wrapping of tokens
Decentralized Pricing oracles
Decentralized exchanges
Transferable debts and receivables
Decentralized Non-collateralized debt
Asset tokenization
Distribution of Dividends"

I flipped through the white paper very quickly and did not find anything special here. Before investing in def and understanding projects, you should study the main fundamental projects of this ecosystem, For example Maker, Compound, Uniswap and others.

I flipped through the white paper very quickly and did not find anything special here. Before investing in defi projects, you should study the main fundamental projects of this ecosystem, for example Maker, Compound, Uniswap and others.

Explore this book
https://bitcointalk.org/index.php?topic=5198245.msg54909995#msg54909995