I think things like this will bring about some sanity in the space, the way people FOMO into anything DEFI recently is crazy and this is bound to happen, I wish we get a bigger hack on some of these DEFI platforms so as to return to due diligence, people just want to farm any shit. Learn now before the real bull run kicks in
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Market correction was due in the DEFI space but to Uniswap airdrops extended the bull run, I believe anyone that has been in this space before 2018 should have understand how the market works, I have no doubt we are in a bull market but market do not move in straight line, there will be a chop and downs
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I don't know why some people whine about losing money investing in some projects, when the market was going up everyone was excited, instead of taking profit and locking in some funds they think the party will continue, Bitcoin was around $1 at a time and now valued over $10k, if people feel YFI is worth more than BTC let the market decide and don't blame the developer for your loss
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I can't call HIVE a success story though it was able to prove a point with the Fork of Steem but Steemit still have more users than Hive, I have not seen any Fork that has outperformed the mother chain, though it has somehow weaken Steemit ecosystem as a whole but don't see how Hive surpass Steem
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I don't know if the second round of pump is coming or not but one thing I am sure of is that the smart money has left the DEFI space now, it has turned to a zero sum game. Some of these DEFI tokens have lost as high as 90% of their value in September alone and the Index has lost 50% of its value. Don't be a sacrificial lamb wise up
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Hey Peachy, A couple of years ago I asked about investing and was told it would not happen. What changed? And please verify that this Token Sale is in fact legit. Thanks ~C I think the team need funds and it is easier with token sale without losing grip of the company. You can talk to the team directly on the telegram https://t.me/radix_dlt, The project shows a lot of promises since it has been around for some time and they have a proven product not just this whitepaper project
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Can someone please tell me... how having 90% of the comments only being made to pad a signature count....a good thing for the forum. Imagine how GREAT this forum would be if you couldn't get PAID to post!!! Absolute trash of an idea to have sigs Why would we want to keep it going? Remove the signature....PROBLEM SOLVED am I wrong? I do understand your concern about the signature spamming the forum and I have thought about this also, the quality of posts on this forum has been greatly diluted, but this solution you proposed is going to have a negative impact on the forum because most of their revenue is from ads, and advertisers use this metrics to decide if they want to put their ads here or there. Once the Signature is off ,the number of visitors would dried out and so is the revenue. Also the $10 you think mean nothing to you, is a life saver to some people
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As long as the incentives to farm is still there the volume on these DEX will continue to grow, this is a great feat in a short period of time, if the volume on Uniswap can be higher than that of CoinBase this speak's volume. I know some of these CEX are pushing their own DECEFI narratives, I will leave that to the market to decide if to buy into it
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For me those pushing this NFT narratives are those that miss out of the DEFI pump and are looking to be early in another niche, what drove the DEFI run was sound fundamentals not one cliché or so, I can't see NFT doing DEFI unless there is a clear picture and good adoption
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I don't know why you are spreading FUD about this project, if you buy at the top thanks to you, but thos that bought at IDO are still in profit because the highest price was $1 I think. The current dump is not perculiar to a particular project but all the DEFI projects so there is no downfall anywhere
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If you take any influencers post and use it for your investing decision you will be holding their bags, these people are looking to dump on you and move to the next thing, people need to learn the way of the Crypto, if nothing the $FEW thing should teach people some lessons. Notye: I am not saying AVAX is a bad project
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These issue of transaction fees can be solved if Ethereum team decided to rebase the transaction fees, just look at other projects in the space like Solana and DOT and other competing projects, they decided to set their transaction fees very low that even if the price goes up the fee will still be affordable
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I don't know the countries you are from but the adoption is not slow in developing countries especially countries that their currencies is undergoing huge devaluation, the adoption of Crypto is not high in developed nation because they have strong economy unlike countries where their currencies is losing grounds to USD at a fast pace
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This is a nice guide and a good tutorial for anyone that is new to Synthetix protocol. SYN token is one of the project tha lead the way in the DEFI space but the one issue I have about the project is when the incentives dries out are people still going to be willing to stake their tokens we all know what happens with most of these Masternodes coins and their trading volume is not increasing at all
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If this hacker is not caught and he is able to cashout the stolen money then more people will be encouraged to do so and every exchange will be under threat so it is very important to track and punish this hacker otherwise vulnerability can increase.
You can say all you wan to say about the hackers but what about the laxity on the part of Kucoin team, this seems to me like an inside job than an outsider trying to hack the system. One thing I believe is that anything hackable will be hacked it is just a matter of time
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I doubt you guys are serious about raising money from the space, if you can't come up with a good tokenmetrics for your project at this stage of Cryptoshere then you don't know what you want. No matter the amount of tokens allocated for token sale, the market will decide what they whole project worth, if you have 1 billion tokens the market can say the whole project is valued at $100k
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I think Matic team has been sleeping a lot, with all these DEFI hype coupled with the scaling issue, Matic team has ready made product for this but the team decided to handle this in a sloppy way. With new scaling solution popping up now and some on testnet I think the might have missed a great opportunity
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I think the project is a scam, when you check their telegram group, all the talk is about the price and nothing about the exchange they claim they want to build. The most important thing for any team is their project, they will talk more about their project, the release and some even warn people not to talk about the price on their main telegram group.
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This is a common theme in the space for anyone that is 5 years or more in the space, it is just that now with Uniswap it is very easy to scam people, Yobit use to be the home for most of these scams then, coin pump like crazy and then the team dump on people and the coin die
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Anyone that sees all these red flag and still decided to invest in the tokens is going to hand himself soon, because everything is on the wall about what would happed to this token. They are going to pump the tokens then pull rug under the investors, the loss would be so great and would likely commit suicide.
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