Almost all of the defi have been plunged so much and that could be the sense reason too. The defi slowdown is coming and ethereum traders must try to anticipate this bearish trend. I should remind you that some defi has become exit scam project and the developer has been running away with all of ethereum in the liquidity pool.
That will create another fear for the traders to put their money in the long term position. The defi market can be burned anytime by the scammers.
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It's better if you read ethereum 2.0 AMA and all of the questions about the supply cap has already mentioned too. https://docs.ethhub.io/other/ethereum-2.0-ama/That's true of the supply will not determined but as a subtitution and there will be a burn mechanism that will be using by ethereum.
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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.
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The bump that caused by the hype from the justin's meme token is ended and this time tron is going back again to the what it should be. The tron has no strong fundamental that can be considered as a sense reason to make tron gets a big pump or stay at the top rate.
The price of tron will remain stable as the new competitors were coming to the market and that makes the tron's position will be quite difficult compared when it was on its golden year a few years ago.
I didn't expect something big to happen shortly.
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I think it's quite difficult to determine the regulation that will be implemented in defi. It should be about to make the creator of defi will be registered its platform.
The government can't be called succeed to regulate the icos as there were so many icos didn't even registered as fully regulated icos. I will expect the same thing happen to the DEFI as this is just a bubble in the wild market and the government has no power to control it.
It's quite impossible to see the regulation for defi.
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YFI is an over valued coin right now and you must try avoid investing in the YFI coin. it can get dumped anytime. Almost whole of Y family coins have been facing very big downtrend and i think that the real YFI will be also following such trend. The bullish will never remain forever and you must know that.
You are taking a very big risk for your money if you are entering the YFI market right now.
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If you meant about less volatility and it's actually possible to happen as long as the coin was a bad coin and that means there will be no a lot of demand to buy such coin caused by people have known that as crap coins and no more. That will make such crypto will have no volatility consider the demand will be almost zero.
I can't understand properly about negative volatility means but for it it's about less volatile.
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Oh my.. here we go. Another defi dishes. Sushi, Noodle, Ramen, Laksa, Udon.. You can name it. I can't believe why binance listed that sushi dishes in their platform, and can't more believe there will be another dishes in defi.
You can understand what's the main reason why binance was listing sushi on its exchange site after you have already seen whole tweet that has already made by CZ and try to compare it with the tweet and latest news about acquisition that has already made from the sushi creator to the CEO of FTX.
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As some stated above me and it should be the investors will earn a lot of money from their capital. Did you see that how OIN has been giving more than 10x from the public sale participants? If you know that early adopters of FYI has become the next millionaire too. That means investors is a party who has been getting a lot of benefit from what they have invested into the legit project.
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There was no altcoin that can bring you to the moon instantly. If you wanna get such investment and it should be a super high risk investment. So many people are rushing various Y family coin to get the same thing like what they have gotten when the early release of Y family token.
If you are gambling in a super high risk project and there was no guarantee if that will be running for the long term. You should invest in a new promising coin. What about OIN? it will be traded this day. It's a new coin with very big communty
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You can take a look at kusama coin or polkadot coin. Both were building in the same ecosystem.
As far as i know a lot of recent profitable coins were ponzi coin especially for the finance coin. You should be careful with these coins. If you are seeing the top coins in the market and just stick into the famous coins.
If you wanna get a big profit and try to take the major coin that has already got correction. this time the market is focusing to the scam coin like yuno, kimchi, syfi and many more.
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These projects are copying each other's source code, and one of them improves a little to make his code a little different. What these projects have in common is having anonymous team dev, I am very concerned about that because they can disappear at any moment. Any negative news can bring these projects down. They are being manipulated. Investors are careful.
I guess that doesn't even need a negative news to bring the price of those crap coins to go down to the ground. Yuno has been dumped so hard even there was no any event. If you wanna see the proof and just come to this site https://www.dextools.io/app/uniswap/pair-explorer/0x9bd8844a562978567ae10b5b05a9b68fe908de41So many people have been facing a lot of loses that's just the matter of time until the liquidity will be rugged and the project will become an exit scam project like curry.finance and after that the scammer will erase all of the groups.
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Edit: It's 32k right now lol.
The highest price in the last 7 days was $39k.. and now it's $33k, right now I'm thinking whether I should buy it or not because I'm still afraid, if suddenly there is dump of course I can cry You should be more careful with your money and it's plunged to the under 28k https://www.hotbit.io/exchange?symbol=YFI_USDTYou shoud think for a twice before you will try to send your money to the whales. The whales have already started cashing out their money from the market. In my opinion this coin will get a small bump to the 30k and then another dump will occur You should not buy that dude because the hype is over.
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For me it only shows that crypto is still finding the real use case and when it finds, everyone is amazed how sophisticately it solves the problem, but noone is thinking about the negative aspects. It is a new technology and we should be very careful with investing all of our money.
It's not about finding the new use case as what already offered in various finance platform were not having so much differences with the existing platform. People are hyping it to pump the market and no more. You can see that how the pumped coin is going down again right now and it takes a few hours to do that.
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I hope people can be able to recognise and differentiate the fakes from the original because YFI have really witness a huge success this past few days so I won't be surprise to see many fake and copycat of this project, good thing to warn people about this.
it will be a very difficult thing to make the differentiation for the fake and legit project because the fake project was stealing so many things started from logo, code and many more from the legit project. So many ico/defi/ieo discussion group was getting flooded by the the promotion for fake defi coin of YFI.
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I have found another scam project that called YFIjunior and this one can be added into the list too.
I may think if there will be a big waves of scammers that will be creating the fake project. Everyone should be careful with those scammers.
So many new scam defi have already deployed by scammers.
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Yeah, it's pointless for me now. I can't sell $10 worth something without paying $20 in fees. I need to wait for the gas prices to calm down a lot before i even take a look at that again.
If this trend will still continue and there was no reason to sell your coin on uniswap. The tx fees will still remain the same if the traffic on uniswap is not get getting down. I was also watching how big the fees to trade on uniswap and that makes it not worth to be used by the small traders.
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Proof Of Authentication Bitcointalk Username :makishart Telegram Username :@Makip13 Campaign Joined: Signature campaign
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For me, a whitepaper is a like a business plan in business and a documentation/manual on a production. Without it it seems that the project has no clear idea what he is doing and what will its end result. I would recommend to skip everything that has no whitepaper.
It's not a permanent and WP can be changed by the team anytime as they want, that depends on the situation that has already faced by the team whether the team can run the project based on WP or not. WP just a plan from the dev and it can't be considered as a strong point.
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