Do you think DeFi season is going to be just like Altcoin season?

[naureen978]

Smells a lot like 2018 doesn't it?

Bro DeFi season will be come back very soon because now more then hundreds of project adopting Defi. This is the big reason, Defi will be bullish very soon just wait and watch. As we can see many defi projects are performing awesome and people got unbelievable profit from it. In other words DeFi never die now it is a part of crypto market.

[dimonstration]

For the meantime defi is the favorite of traders but once bullrun started and bitcoin pumps, defi will be left behind.  Defi are just like ico before.

2020 is for DeFi Projects we will know whether it will be alike with the ICO after a year or 2, when many projects started to dissolve in the market, for now DeFi just started to have some not so important project but before the projects involve were useful in the market like with ICO before only those project that have real meaning and use will remain. BTW, Once bitcoin pump some altcoins and DeFi can also pump like what happens in 2017 ICO Era.

[rodskee]

Smells a lot like 2018 doesn't it?

I think this thread does not belong in"Market Place" .better transfer this to the right section in which the Altcoin Speculation that you can see here

https://bitcointalk.org/index.php?board=224.0


sure this will be the same like altcoin season,after the pump everything will back to normal prices and some may continue falling.

[maldini]

I think DeFi venture is the new pattern which is more advertised than 2018 ICO,s or Altcoins rally. DeFI ventures are performing well indeed. But since if this promotion each task are transforming into DeFI. furthermore, much the same as ICO numerous tricksters are running trick DeFi venture. Extensive stretch of time simply like the customary financial framework has controlled back and keep up high level in money related undertakings. DeFi resources recorded by crypto resource information firm Messari, just three indicated positive value development throughout the most recent 30 days Hegic, CoTrader, and Uniswap.

[Iced]

It is just ICO hype 2.0 in my opinion, the future will tell us

[aarif123]

I am not sure about it but I think this is possible nowadays in crypto market there is a high craze of defi every project is coming in the market has something for defi space recently uniswap has airdropped it's native token to it's old users which is worth around $1300 so I think more and more people are getting into crypto market just because of high fluctuations and I think after defi craze there will be another craze

[michellee]

I am not sure about it but I think this is possible nowadays in crypto market there is a high craze of defi every project is coming in the market has something for defi space recently uniswap has airdropped it's native token to it's old users which is worth around $1300 so I think more and more people are getting into crypto market just because of high fluctuations and I think after defi craze there will be another craze

The DeFi trend comes to the crypto market and makes a noise among the traders. We can not deny that because many people can make a profit again after a long time. If the DeFi trend still continues until the next year, we will see many people will be able to recover their losses in 2017. But we still need to be careful and don't just follow other people's suggestions because we need to find the project to invest. Otherwise, we will not make a profit in the future.

[mistercoin]

Doubtful. DeFI has already gained mass followings and shows long term potential. It's actually so popular right now, the ETH blockchain is as bad as Bitcoin used to be (fee wise). It might be the next big epoch in cryptocurrency and blockchain in general...

Now if we could just keep governments from meddling in our ecosystem....

[btc78]

Doubtful. DeFI has already gained mass followings and shows long term potential. It's actually so popular right now, the ETH blockchain is as bad as Bitcoin used to be (fee wise). It might be the next big epoch in cryptocurrency and blockchain in general...

Now if we could just keep governments from meddling in our ecosystem....

we will see what is the future soon,looking at the projects connected to defi now has more scam accusation,this has been the same when ICO bump and when the altcoin season happens few years ago.
i know that Defi has many supporters but this is because the coins are pumping but not because they really trust the system.
there are also many paid shill to push this so many will invest.

It is just ICO hype 2.0 in my opinion, the future will tell us

So before ETH 2.0 this Hype 2.o comes first?;lol

[Arkann]

In my opinion, ETH only benefits from the popularity of DeFi in the cryptocurrency market, despite the congestion of the network. Of course, the problem of scalability creates certain difficulties, but nevertheless, over time, this problem will be solved. In addition, the cost of the transaction has decreased slightly and is currently less than $ 1. Today, DeFi projects are mushrooming after rain and tensions are mounting. The main thing is that scammers do not bring global harm, since they are actively taking advantage of the moment of DeFi's popularity.

[carlisle1]

DRK coin traditional systems involve high transaction fees resulting from high costs due to low transaction speed and low throughput.Even simple applications can slow down the Ethereum based platform and increase transaction fees.

DRK coin? What type of coin is that?
With the scenario that we're looking at. The high costs for Ethereum/Gas fee is due to all of those transactions that's happening with defi and uniswap.
The same as the ico days, the fees were very high and the same as the crypto kitties.

time will come that all of these will end like what ICO days and Defi will be like altcoin season in which the lucky people are those who invested first and sold their tokens in hype.

while others are crying because of their losses from their own stupidity of riding the train in the end of the line that the projects is coming to drop like what is happening now.

In my opinion, ETH only benefits from the popularity of DeFi in the cryptocurrency market, despite the congestion of the network. Of course, the problem of scalability creates certain difficulties, but nevertheless, over time, this problem will be solved. In addition, the cost of the transaction has decreased slightly and is currently less than $ 1. Today, DeFi projects are mushrooming after rain and tensions are mounting. The main thing is that scammers do not bring global harm, since they are actively taking advantage of the moment of DeFi's popularity.

the fees are dropping now doesn't they?the congestion is subsiding and transactions day by day is getting low.

[naska21]

Some of those DefI projects have  minted lots of useless shit. People following  the hype buy it with hope to sort it out later but that "later" may never come. Developers do  "scam exit" and those who buy that shit end up with  nothing.  Therefore I think DeFi season can't be compared even with the alts one. It is  much,  much  worse as at the end it may be in potential to torpedo the whole crypto not to mention alts themselves. Take ETH-based DeFi projects. They resulted in popping-eye gas increase which is not good for ETH itself as people move to other platforms.

[terrong]

Currently Defi project is really crazy, even YFI's value is far above BTC.
New Defi projects keep popping up every day, making eyes hurt to see it but trends are always changing, so it's not impossible if someday Defi will be forgotten.
I personally have never invested in new Defi projects because judging the concept is too forced as if it is chasing a trend, and I'm afraid it won't be sustainable, I'm just trading to make a little profit from some Defi project

[Mame89]

Smells a lot like 2018 doesn't it?

In line with my thinking that the current defi trend seems to really bring happiness to crypto users, previously the crypto world was asleep and maybe many investors left and didn't believe in the future of crypto, but the existence of this Defi trend can prove and awaken again about the future of cryptocurrency.

[JeffBrad12]

And the result was the defi trend is totally the same as altcoin seasons a few years ago and why? so many people were getting scammed caused by they were blindly buying any defi project without tryna to do deep research. After the defi trend becomes a new trend and there are a bunch of new scam defi projects that appeared. This is the same as when there are so many new scam icos in 2018 when the ico has become a popular model for fundraising method in 2017.

The pattern is the same.

[poshat]

Bitcoin scared of all, ICO scared of all, DEFI scared of all. Why? It's just some numbers in the wires

[FastSha]

Defi project like uniswap get great hype couse of its convinient way to change tokens so crypto starup no need listed on exchange. Its important pushing to crypto technology projects.

[rodskee]

Bitcoin scared of all, ICO scared of all, DEFI scared of all. Why? It's just some numbers in the wires

You Got it 

What would be the release that people here will love?everything that coming there is always a negative reactions.

Yeah Bitcoin is the safest but there is nothing wrong in trying new one.
Though personally i don't really support defi but not of anything bad just because i am late for investing (that is my Own Opinion )

[Bitstar_coin]

Bitcoin scared of all, ICO scared of all, DEFI scared of all. Why? It's just some numbers in the wires

lol! because people like to make a mountain out of a small stone, imagine if there where no ico we won't have some of the amzing project we have now, project like eth, bnb, link etc are all born out of ico, same thing will happen in this defi period, even if there are many scam defi project there are still good few ones that came out, i think people are just too over exaggerate this defi trend, they say in every bad there is an atom of good.

[Rose119]

Bitcoin scared of all, ICO scared of all, DEFI scared of all. Why? It's just some numbers in the wires

lol! because people like to make a mountain out of a small stone, imagine if there where no ico we won't have some of the amzing project we have now, project like eth, bnb, link etc are all born out of ico, same thing will happen in this defi period, even if there are many scam defi project there are still good few ones that came out, i think people are just too over exaggerate this defi trend, they say in every bad there is an atom of good.

It may depends on the Developer of the project, if they're hands on on their Project it will be succes and be more succesful like ETH or BNB, the team need to be serious for the future of any project for it to be succesful . there's is nothing wrong if we try new one but ofcourse we need to be careful everytime.