CryptoYar365 (OP)
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July 27, 2020, 06:47:21 AM |
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What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.
Are you positive abut defi pulling up the market crisis for cryptocurrency?
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BestEarningTips
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July 27, 2020, 07:05:30 AM |
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Defi are really pulling waves and are attracting a lot of attention, although they have proven to be a real deal with verified profits potentials. However i think its only a trend that will contribute to the growth and development of the blockchain and cryptocurrencies.
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CryptoTalk365
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July 27, 2020, 07:06:58 AM |
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DeFi projects have alot to offer and legit solutions as well. Yes it might be a hype now but it's definitely proving to be the next big thing in crypto space.
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DoubleEdgeEX
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July 27, 2020, 07:11:53 AM |
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When I read that YFI coin increase 100.000% within a week, I highly doubt its sustainability. An unprecedented gain, needs an unprecedented correction. DeFi is currently just as much a buzzword as Yield Farming. Both have abright future ahead, but such gains are just luring more get-rich-quick lucksters into the game. That ,said, to create a healthy market it urgently needs a rebound and then an organic growth, as far as this is possible when greed is involved
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CryptoDost
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July 27, 2020, 07:13:59 AM |
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Base on the recent statistics on defi development I might say that DeFi growth is too fast, thats why for me its not represent the true organic growth of Defi projects but only a hype and similar to what happen in the most crypto projects in our time, if the word Bubble is the best word to apply then thats it.
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TopTort777
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July 27, 2020, 07:46:34 AM |
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Imho, DeFi is a hype. Like 2018 was a boom for ico, 2019 was full of ieo, and in 2020 everyone tries to add DeFi in their projects. Come back to this post in 2021 and re-read what was written here. DeFi is not something really new. It could have appeared in early years, but cryptocommunity was kinda busy. But now, during World economy drop, DeFi is just in time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Mark my words, nothing but a hype.
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nutriagrigia
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July 27, 2020, 07:48:20 AM |
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I think that now this is just a new direction that is causing investors to FOMO. It is difficult to say it is good or bad, but now it is possible to earn money and earn really good money on this.
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Kotone
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July 27, 2020, 09:03:34 AM |
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I cant say Im positive but its effect on the market can be good. Defi+eth 2.0 really make up with the stagnant nogement of btc but 2days btc catch up with the rising of eth, somehow. Maybe because of the reason that they will be legal on US, as newd said that bitcoin was considered as form of money. Anway, Im joining a defi signature camoaign hope this could be a good profit for me.
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lizarder
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July 27, 2020, 09:15:26 AM |
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Actually for gambling and gaming this does not lead to DeFi but rather to Dapps, DeFi and Dapps are two different things, my view on DeFi itself is still a bit confused because of the development DeFi tokens lately a lot has experienced climbs. but I doubt what this is can last until end of the year or just a moment.
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Blue_oxen
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July 27, 2020, 09:21:10 AM |
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I cant say Im positive but its effect on the market can be good. Defi+eth 2.0 really make up with the stagnant nogement of btc but 2days btc catch up with the rising of eth, somehow. Maybe because of the reason that they will be legal on US, as newd said that bitcoin was considered as form of money. Anway, Im joining a defi signature camoaign hope this could be a good profit for me.
So am I! I'm trying not to be too positive about the DeFi projects, however, we can't conclude anything so far. I'm a bit skeptical about this hype, I don't know whether it will last long or will be disappear soon enough. However, the DeFi hype has been bringing a lot of good signs to the market since the market was in critical condition.
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bigcash2011
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July 27, 2020, 09:50:47 AM |
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What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.
Are you positive abut defi pulling up the market crisis for cryptocurrency?
Yeah, i am positive about DeFi and its success in the market and i see it a much bigger think especially when it comes to the future of banking and finance a lot of development is going on and a lot of products and services are being developed which just indicate the big things coming in near future.
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aprilnot
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July 27, 2020, 09:56:45 AM |
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Defi make new energy for the crypto market, this project could be one of the current solutions. lita how they attract investors. the market is in good condition because of Defi. but if this continues it might look like a new bubble on the crypto market.
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Towerbreeze
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July 27, 2020, 11:10:22 AM |
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Can't consider DeFi projects as a bubble, it has what it takes and very useful too, only those who don't understand what DeFi is will call it a bubble, I'm just glad that decentralized is getting more demanding and recognized, maybe in future centralized projects will be pushed back, presently centralized projects are still taking leads
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Police Indo
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July 27, 2020, 12:48:25 PM |
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DeFi has become a trend because people are starting to realize that Defi can become a global alternative for every financial service used today. For example savings, loans, trade, insurance and others. all available on blokchain and managed automatically using smart contract, anyone in the world using only a smartphone and an internet connection can access it.
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Iyeman
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July 27, 2020, 01:02:28 PM |
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Defi make new energy for the crypto market, this project could be one of the current solutions. lita how they attract investors. the market is in good condition because of Defi. but if this continues it might look like a new bubble on the crypto market.
DEFI will much more oriented into the real product and it will not generate a lot of bubble like what happened with crypto market in the past. The adoption of DEFI can be used as a good indicator to determine the market trend and we can take whether the market has been starting doing rebound or not.
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Untomabur
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July 27, 2020, 01:48:02 PM |
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Can't consider DeFi projects as a bubble, it has what it takes and very useful too, only those who don't understand what DeFi is will call it a bubble, I'm just glad that decentralized is getting more demanding and recognized, maybe in future centralized projects will be pushed back, presently centralized projects are still taking leads
the Defi project is not a bubble, the bubble is about the price, we know the price of the current Defi coin can reach 10x, and eventually it will be dumped if you are not careful, that is what the bubble is called
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saifoufa
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July 27, 2020, 02:11:39 PM |
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DeFi has become a trend because people are starting to realize that Defi can become a global alternative for every financial service used today. For example savings, loans, trade, insurance and others. all available on blokchain and managed automatically using smart contract, anyone in the world using only a smartphone and an internet connection can access it.
Moreover, investors have noticed that in long term they're pretty good and Defi is around crypto market for a pretty long time now. So it has potential and resources to become the next great thing in payment/banking/loans/global transactions and etc etc
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bitgolden
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July 27, 2020, 06:06:29 PM |
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Defi is not as big as people here think it is but for some reason people are forgetting about that. First of all this was a 10% increase so anything could have done this, it could have been Defi and I won't deny that, who knows, but it could have been any other reason as well. However, what really bothers me is the fact that people think so much of Defi and they are saying Defi will somehow take the world by storm and going to change so much. What is defi?
Defi is decentralized finance and that is basically bitcoin itself, so do not say like there is something big difference and like Defi is this brand new thing that will make it big, no defi is basically just blockchain and bitcoin technology going to other sides of the world and that's it, it is not going to be life changing all of a sudden.
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serjent05
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July 27, 2020, 06:50:09 PM |
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Imho, DeFi is a hype. Like 2018 was a boom for ico, 2019 was full of ieo, and in 2020 everyone tries to add DeFi in their projects. Come back to this post in 2021 and re-read what was written here. DeFi is not something really new. It could have appeared in early years, but cryptocommunity was kinda busy. But now, during World economy drop, DeFi is just in time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Mark my words, nothing but a hype. Same thought here. As far as I know, Defi had been around the cryptocurrency industry for some time now. I believe it is a DAO concept rebranded as DEFI. (Please correct me if I'm wrong.) And this hype will eventually subside just like any other trending stuff that happens in the industry.
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jacafbiz
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July 27, 2020, 07:18:22 PM |
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DEFI is a bubble and hype but it is going leave up to the hype IMO, there are many of them that are going nowhere but the market have seen the huge potentials in them and are going make sure the exploit them, there are free money flowing in everywhere and people are looking to get decent returns for them, there is nowhere in the world where you can get the kind of return we get in crypto
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