SistaFista
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Hexhash.xyz
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July 28, 2020, 03:15:41 AM |
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If you think more about DeFi, it is surely providing a great solution to Financial business.
I hope this is not just a bubble in cryptocurrency, but wait, bitcoin has been called 'bubble' many times, and bitcoin still exist.
The market is going green slowly at the moment, which is usually a good sign before something great happening.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Aaroenz0r
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Merit: 100
Option Blitz
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July 28, 2020, 03:25:08 AM |
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If you think more about DeFi, it is surely providing a great solution to Financial business.
I hope this is not just a bubble in cryptocurrency, but wait, bitcoin has been called 'bubble' many times, and bitcoin still exist.
The market is going green slowly at the moment, which is usually a good sign before something great happening.
DeFi projects show a lot of advantages not only for developers but also for investors. I hope that it will last long enough to help to develop the cryptocurrency world. Mentioned about "bubble" BTC, people are afraid of what they don't understand especially what's new. Therefore, it's easy to understand why people are skeptical about this new hype! |
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Python Master
Copper Member
Jr. Member
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Activity: 406
Merit: 1
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July 28, 2020, 03:40:38 AM |
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Defi makes strong positive impact to crypto market. We can't refuse that it's the reason of bull wave that's happening now. The advantages of Defi can be used in real finance applications.
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joshua123
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July 28, 2020, 05:43:08 AM |
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Are you positive abut defi pulling up the market crisis for cryptocurrency?
Even without defi cryptomarket was able to survive the crisis. Imagine the hike it did even with the market crisis happening. I know the trend should be thr opposite since we are experiencing a pandemic event arounf the world. But that changes when defi suddenly rise up. Many defi projects boom and other investor saw this opportunity as investment. I think it will lead to a more healthy market soon. |
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Claudio99
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Merit: 10
Sovryn - Brings DeFi to Bitcoin
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July 28, 2020, 05:53:52 AM |
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Bubble have no place in crypto space, we should stop using the word, ICO failure isn't a burst bubble but some are spreading this online, ICO failed because scammers are taking advantage on investors through ICO projects, ICO never was a bubble, right now investors noticed how useful DeFi projects are that's why money are going into DeFi projects
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Apostlekin$$$
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Sovryn - Brings DeFi to Bitcoin
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July 28, 2020, 06:08:27 AM |
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DeFi hype isn't a bubble, it's something that's necessary to occur, what makes DeFi this big is the utility that just got noticed by whales and third party companies, DeFi is the solution to better crypto mass adoption and market recovery
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serjent05
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Merit: 1255
Cashback 15%
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July 28, 2020, 06:40:48 AM |
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Bubble have no place in crypto space, we should stop using the word, ICO failure isn't a burst bubble but some are spreading this online, ICO failed because scammers are taking advantage on investors through ICO projects, ICO never was a bubble, right now investors noticed how useful DeFi projects are that's why money are going into DeFi projects
But it happens, and there is no other terms suited to the sudden increase in price than bubbles ( i just hope it doesn't pop that hard though). The discussion is not about failed ICO or scammers, this thread is about DEFI of ETH creating a buzz in the crypto industry. |
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Wingsbtc
Member
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Activity: 210
Merit: 12
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July 28, 2020, 06:53:02 AM |
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I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today
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Taufik blackspade team
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July 28, 2020, 06:56:40 AM |
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But it happens, and there is no other terms suited to the sudden increase in price than bubbles ( i just hope it doesn't pop that hard though). The discussion is not about failed ICO or scammers, this thread is about DEFI of ETH creating a buzz in the crypto industry.
we cannot avoid developing crypto. At present the market considers DeFi to be an innovative solution and the market makes it a very big deal when ETH gets an increase as well as an increasingly strong bitcoin. |
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Thomas-s
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July 28, 2020, 07:06:15 AM |
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I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today
It is really very important to see what kind of work has been done by the project team over time. they worked for a long time and now users have started to show interest in Defi projects and we see a rise in prices |
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coin-investor
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July 28, 2020, 07:15:30 AM |
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There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
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sammy21
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Activity: 672
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July 28, 2020, 07:28:28 AM |
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There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
if their moments are right plus good planning I think getting investor support is not a difficult problem. now seeing what is happening in the market is a good moment for all new projects to market with all that is interesting. it will be an attraction for investors. |
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TopTort777
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July 28, 2020, 03:31:39 PM |
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I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today
Name me a successful DeFi project. Or what you call a successful project. I predict you will name something, that has listed and now shows a growth. But now or today everything grows, even cow milking blockchain projects are in growth trend. And listing - it this just money. Everything has a price. Even a scam can be listed in reputed exchange, if they pay. |
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kapalmabur
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July 28, 2020, 03:39:53 PM |
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There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
all new projects now seem to lead to Defi, I don't know who is the right project now, and how it goes ahead, Dfinance indeed if I see it is quite satisfying and has potential, but many Defi projects are just now, if their team is not right in promotion, you must be ready for it |
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Zeehaxan
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WhalesHeaven - Custody Free Swap Exchange
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July 28, 2020, 03:42:57 PM |
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In my opinion, the initial big hype surrounding around defis is over and we may see good correction from here onwards.
I still think that decentralized finance is a revolutionary breakthrough and its scope in future will be epic but it still needs a lot of infrastructure, compliance and adoption to truly dominate the financial sector.
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princerepon
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July 28, 2020, 10:10:40 PM |
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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?
2018 was full of ico projects, 2019 was full of ieo projects, which is still alive and in 2020 defi rise slowly. I wont surprise if defi will run the show next year cause people are showing interest on defi. We already saw many projects came and still coming. I don't know it's hype or not but if it's a solution/alternative of ieo then we should at least try. Cause ieo lost much reputation and following ico's path. It's just a matter of time that ieo will be gone like ico. |
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bittraffic
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July 29, 2020, 03:20:05 PM |
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Defi is here so embrace it because it would appear like there is nothing we can do anymore as its the trend. Don't worry it will pass one day. We embraced ICO and after sometimes IEO came and we also welcome it despite us submitting KYC for all the teams and exchanges asking for it. If Defi is hyping and works to kickstart this bull rally them this is something that is good to support.
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pokeronlinestatus
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July 30, 2020, 07:42:44 PM |
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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?
Decentralized Finance which are now referred to as Defi is focused on the fact that the traditional financial instruments can be recreated in complete decentralized architecture. Sure, there is a lot of hype around it, but it is capable of bringing in the institutional money into the crypto market. Therefore, I would say that the hype is justified and the upward trend of the market is what one should expect. Although, I can see that Compound (COMP) received a boost in the start, but later faced correction and now stands at around $130 which is pretty less considering the fact that it was at 350$ a month ago. There is no better time to invest in it than now. |
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darewaller
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July 31, 2020, 02:40:14 PM |
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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.
In the last few months, we have observed a significant growth in Defi projects. It may or may not be due to the hype created. If bitcoin could grow from 0.008 dollars to almost 20000 dollars, I would say that the whole scenario might not just be based upon hype. Some investors invest because they see real potential and not because of the market trend or hype. Bitcoin and Ethereum are on the rise, but projects like compound (COMP) still haven’t gotten that boost. It might be a great time to get in when the coin is almost at its 30-day low. I hope to see that organic growth you are talking about in COMP as it wasn’t a part of the price manipulation due to the hype. |
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Docbee
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July 31, 2020, 02:50:47 PM |
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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?
Well, DeFi projects are really gaining lots of attention now in the market. One of the reasons is that, investors believe that, they can make a big profit quickly in investing in finance projects. But the rate at which we see drastic drop in the price of these projects have shown to us that, the hype is actually much more than their real values. |
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