Lycan70
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Activity: 63
Merit: 1
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October 16, 2020, 11:58:06 PM |
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The early birds already made a lot of profit with Defi. Let's see how far this Defi hype will go. I honestly invested some now with some Defi project. Just hoping to have a little bit of profit out of it.  |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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imstillthebest
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October 17, 2020, 08:11:16 AM |
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Smells a lot like 2018 doesn't it?
you already answered your own question because you said its only a season and seasons dont last long but is defi and altcoin ico are only a season ? i remember the altcoin ico did last a longer time more than a normal season but defi's , i cant tell yet because defi were just new but i am getting a clearer vision now , i see that defi's are now starting to lie low . i guess that the defi situation arent like altcoin and ico but defi are going to rest in peace earlier than it . |
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Ridwan Fauzi
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October 17, 2020, 10:43:46 PM |
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The early birds already made a lot of profit with Defi. Let's see how far this Defi hype will go. I honestly invested some now with some Defi project. Just hoping to have a little bit of profit out of it. But honestly almost the DeFi project have plunged in price due to bitcoin price decreasing. I can't imagine how loss they are who bought YFI token at the all time high, they will loss a lot of money. DeFi project is booming when almost crypto currency prices especially bitcoin was in uptrend market. So, an important thing to note is you have to know the crypto currency market condition first before you invest in any coin/token or new project. Because that will make you get money and loss money. |
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fmz89
Legendary
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Activity: 1766
Merit: 1002
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October 20, 2020, 02:20:32 PM |
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defi seasong more similiar with alt lending + alt season, both of the combine with short term hype basically most of ppl out there beyond crypto, defi more intersting rather than alt general cause their focus on incentives alt season in other stories, many dead project wil rise to surface again after btc hit new ath and attract more buyer and fresh money from outside and the times has come for alt to fluorish again |
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MAAManda
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October 21, 2020, 04:51:53 AM |
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I think DeFi Phenomenon is like 2017 - 2018 of ICO Phenomenon, and i know this Phenomenon is just Phenomenon...  |
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bitterguy28
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Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!
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October 21, 2020, 09:50:09 AM |
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Smells a lot like 2018 doesn't it?
actually we don't really know but the way it runs now?yeah there are similarities so the chance is always there . So if you are planning to Invest in Defi projet then better be ready in any case of Pumping and dumping for your own safeties |
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Rexler
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Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
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October 24, 2020, 04:19:45 PM |
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At the moment, I'm not so sure it's going to be another altcoin season, although a few months ago it looked like another altcoins season was finally here cus so many coins were just going up insanely all in the name of DeFi e.g YFI which syrocketed to $42,000 due to the DeFi hype, right now it's down to $13,000, the hype was too much, lately i no longer hear about it as much as I used to back then, I think the DeFi hype is dying slowly.
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aemma
Copper Member
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Activity: 966
Merit: 14
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December 25, 2020, 01:40:39 PM |
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Well, if we are to look at everything critically it rather do look like that of ICO in 2018.
First, in 2018, there was a spike in the growth of ICO projects, and just as there were few that came with good ideas a whole lot of them came with scam ideas, thus one of the reasons ICOs failed; now correlating this to the DeFi, there was a spike in the number of them and as usual, a whole lot were just created to scam people while few were created to lead a positive change scenario, and currently with the way some of them are getting hacked, Defi is already losing its touch. Furthermore, people have started asking about the next trend while anticipating NFT to be the next; this is just as it was when ICO was dying, IEO was created and it took over, who knows NFT might be the next trend.
Altcoin season on the other hand, didn't happen rather some altcoins with good use cases grew with Bitcoin this past weeks.
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Questat
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December 25, 2020, 02:00:55 PM |
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I honestly don't feel the De-Fi season, but if it really has happened, I don't think it's bigger than the altcoins season because altcoins season in 2017 was really huge, it made bitcoin's dominance to dropped, but now bitcoin's dominant is really stable and has increased to 68% compared to 35% + during the 2017 altcoins season.
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plr
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Activity: 1148
Merit: 24
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December 25, 2020, 10:58:46 PM |
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Smells a lot like 2018 doesn't it?
It's already happening many DeFi projects are exposed and reported and many more DeFi project are launch there's really a big similarity between the two they are on the same path, many scammers are now into DeFi projects because they cannot scam through ICO anymore, so they turn their eyes to DeFi. |
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newdevices
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December 25, 2020, 11:48:39 PM |
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altcoin season is not Defi season, Defi season is just hype and hype also has an end,
Defi is not influenced by Bitcoin holders this is the difference,
if bitcoin holders have left Bitcoin then altcoin season comes, this is what is waiting for!.
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TheUltraElite
Legendary
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Activity: 2870
Merit: 1221
Call your grandparents and tell them you love them
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December 26, 2020, 08:18:37 AM |
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I honestly don't feel the De-Fi season, but if it really has happened, I don't think it's bigger than the altcoins season because altcoins season in 2017 was really huge, it made bitcoin's dominance to dropped, but now bitcoin's dominant is really stable and has increased to 68% compared to 35% + during the 2017 altcoins season.
This would be a good time to sell altcoins if you own any. The recent rise in bitcon price also drove the altcoins upwards but didnt quite sustain their price. Very soon they will drop before bitcoin if bitcoin fails to maintain this pumped price and tanks. Because a rise of this magnitude is difficult to keep on. Selling pressure builds up and sell orders will go thorough because some fools did buy at 20k in 2017 and they were waiting for this rise in price. Hence the craze of DeFi currently stopped a bit as people changed focus on bitcoin for now. You can get this idea also from the decrease in the forum threads about DeFi and increase in bitcoin price conspiracy theories/bullshit everywhere. Trust me, nobody really know why the price rose, all speculating. But it cooks up nice profits in leverage trading.  |
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rodskee
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December 26, 2020, 09:05:36 AM |
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altcoin season is not Defi season, Defi season is just hype and hype also has an end,
Defi is not influenced by Bitcoin holders this is the difference,
if bitcoin holders have left Bitcoin then altcoin season comes, this is what is waiting for!.
Defi season is now dying and no signs staying strong like what they started ,Imagine How strong they started that the whole market is shaken . Even Bitcoin Slowly affected but that only runs for a Month Because Market goes back and Make Defi projects Now slowly Dying. Expect next year they will be nothing lol. A |
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reza7777
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December 26, 2020, 10:35:53 PM |
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This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
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WalkerIVIV
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December 27, 2020, 11:38:01 PM |
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This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Do you think that ICO is not yet being trusted by a lot of people right now? You should open your eyes and visit some legit ico list site. There are bunch of legit icos released everyday to the market. The ico traders are also still exist. Defi is not having a better fundamental like ICO. that's a bit strange to see that you are saying it before try to see the fact. |
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coin_1122
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December 28, 2020, 07:12:38 AM |
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This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Defi season will help the altcoins to increase their prices easily, of course, now we are seeing completely upward trend for Bitcoin. Once the price of Bitcoin stables, it might help the most of the potential coin to recover their prices easily. So it is good to gather those low valued altcoin in the current situation. |
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Questat
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January 01, 2021, 02:33:23 PM |
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This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Defi season will help the altcoins to increase their prices easily, of course, now we are seeing completely upward trend for Bitcoin. Once the price of Bitcoin stables, it might help the most of the potential coin to recover their prices easily. So it is good to gather those low valued altcoin in the current situation. Defi season is only for few altcoins like ETH, majority of the altcoins will still suffer and we need some miracle to make them alive again. Now is bitcoin's time, it's making ATH after ATH and it leave altcoins to have a little room for growth as evidence by the growing dominant rate of bitcoin. BTC Dominance: 70.4% That's it for now from 65%, means altcoins growth will be affected. |
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TheUltraElite
Legendary
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Activity: 2870
Merit: 1221
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January 07, 2021, 05:59:03 AM |
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This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come At least some ICOs had proper teams and a vision for development, putting aside the fact that majority of them were scams. Even them comparing with DeFi reveals that majority of these are copy pasted stablecoins and lending pools. The false promises of passive income and getting rich which were used to take away investors money still exist there and hence should be avoided. Defi season is not the season for altcoins
It is seeing a decline currently due to uprend on bitcoin price. I hope this hype grows down but knowing how these communities grow based on smoke and mirrors I doubt it will be stopping newbies from getting scammed again. |
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taunitsed
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January 20, 2021, 10:08:59 PM |
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it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
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Oilacris
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January 20, 2021, 10:32:52 PM |
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it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
Not actually a controlled hype but rather people are becoming smart nowadays where they didnt really let themselves involved too much on things which arent giving an assurance towards their investment. You can say that it is somewhat a controlled one because people didnt fall into the hype, yes there might be some but not really as bad compared into those ICO days that we had seen. ICO,IEO,DEFI, these are the things that we had experience when it comes to investment but among the 3, i do only see IEO would be worth but still a thing that you would need to risk out. Altcoin season? all will vary with the demand. |
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