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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Rise of DeFi — A Temporary Threat to Major Coins? on: July 21, 2020, 09:12:50 AM
Well, it's look likes a fomo to me because it'll vanish just like other trends when more public will attract into Defi and get low reward as it's the main point for all the newcomers who get interest into defi. Also i see many of the well reputed Top crypto projects are shifting to Defi catagory. Recently, Tomochain get the Defi tag on CMC and all people get in fomo and buy tomo.As a result, tomo get an instant pump. But the major coins won't be effected , imo.
You absolutely right the FOMO. Greed is always comes in hand with trend. And trend will always expired once there are too many participants. If the capital shift did happen, the capital will eventually shifted back to major coins, especially Bitcoin when the trend is dying. Bitcoin is still the most decentralized and secured cryptocurrency.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoins unite! on: July 21, 2020, 08:59:36 AM
If you have been into crypto for like 3 months, you will be able to differentiate the different between legit project and shit projects. The rule of thumb of a good coin is the community. How large is the community and How loyalty are them? Because if no one is using it, then it is dead. Most of the 2017 ICO tokens are either dead or struggling to get funds to continue. DeFi is going to beat the crap out of them.
3  Alternate cryptocurrencies / Speculation (Altcoins) / The Rise of DeFi — A Temporary Threat to Major Coins? on: July 21, 2020, 08:47:48 AM
Recently, there is a massive surge of interest in DeFi, and you can see so many DeFi projects booming, like Aave and Compound. I was just wondering if this phenomenon will trigger a temporary downward movement in major market cap coins. For the past week, we are able to see that major cap coins are very stable within a set of price range, showing a lack of public interest in them. My belief is that the capital will move from top coins to DeFi tokens.

Since DeFi is now the trend in the crypto space, and lots of people are speculating for the plunge in Bitcoin and other top cap coins, do you guys believe we are going to see a downward movement in the coins?
4  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO might soon become an history in crypto world soon on: July 21, 2020, 08:04:32 AM
It's the first time I ever heard of DYCO. But I believe that IEO is not yet dead, because top tier exchange is able to provide the market liquidity needed for the tokens to actually trade.
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