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traderethereum
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September 01, 2020, 09:51:03 AM |
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I still have doubts, but if it is true that defi is a project that makes the crypto market rebound then be prepared for mass adoption of defi.
defi will be the project that is seeded in the future and each project will make a defi type for the token.
of course with new innovations.
I think DeFi give a new trend to the cryptocurrency, so that can open people's eyes because many DeFi projects now increased. But unfortunately, we don't know how long the DeFi can still increase because now, many new DeFi project launch, and that can make people's confusing to select what the DeFi project that can give them profit. We need to search for the project if we want to join with the DeFi party, and I think there will be many new projects which will compete with each other. At least, DeFi brings new hope for the investor after they wait for a long time to see the profit again. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Francis Freeman
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September 01, 2020, 10:45:17 AM |
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To be honest I don't think the defi hype will last a long time unless they remove the tokens staking and being in stable coins . But the good things is it has brought the bull market so I am happy .
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Warkop
Sr. Member
 Offline
Activity: 1162
Merit: 270
Seabet.io | Crypto-Casino
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September 01, 2020, 11:19:00 AM |
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Projects using defi look really good at the moment, but it all depends on the developer and the team whether they are working hard to give their best to all investors or they just want to take advantage of the project they created to make a profit. so for that, be careful if you want to select a project even though the project has used defi.
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tvplus006
Legendary
Offline
Activity: 2296
Merit: 1655
To the Moon
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September 01, 2020, 12:31:25 PM |
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I think DeFi give a new trend to the cryptocurrency, so that can open people's eyes because many DeFi projects now increased.
But unfortunately, we don't know how long the DeFi can still increase because now, many new DeFi project launch, and that can make people's confusing to select what the DeFi project that can give them profit.
We need to search for the project if we want to join with the DeFi party, and I think there will be many new projects which will compete with each other.
At least, DeFi brings new hope for the investor after they wait for a long time to see the profit again.
They are already making forks of popular DeFi coins. Today, a listing was held on Binance YFII, the price of Which increased by 100% after the opening of trading and reached the value of $ 8,200. I think that this YFII was specially made for those who did not have time to buy YFI in time )) |
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codpku
Member
Offline
Activity: 336
Merit: 10
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September 01, 2020, 12:58:30 PM |
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Defi make new hype for cryptocurrency this year like an successful ico project back then, with lot of defi project get success if you missing the current Defi pump i believe lot of new defi project will born like sushi that pump just an hour ago
But remember a trend or hype always have an end, dont be greddy just remember your target and if already reach it just let go and never go back or see the movement after that
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Bossfidelity
Copper Member
Jr. Member
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Activity: 350
Merit: 1
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September 01, 2020, 01:18:24 PM |
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There's no doubt that Defi projects has come to stay in the cryptocurrency market, but I'm of the opinion that its over hyped and this has lead to several persons rushing into the market and it has caused a multiple effect on the value. The most prominent of the Defi projects is the YFI which has made a swift and substantial difference in value.
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Thomas-s
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September 01, 2020, 01:20:16 PM |
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To be honest I don't think the defi hype will last a long time unless they remove the tokens staking and being in stable coins . But the good things is it has brought the bull market so I am happy .
how long will this bull market will comtinue? I see people starting to greedily buy all Defi coins. I already saw this in 2017 and it ended after 3 months. I am very careful now |
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budi691
Sr. Member
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Activity: 1218
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Seabet.io | Crypto-Casino
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September 01, 2020, 01:46:31 PM |
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with ICO experience In the last few years that was so high and tantalizing to make many people believe ICO will last long and unstoppable, but what happened has all disappeared.
So enjoy this moment if Defi is profitable, before they leave, but I'm sure with a lot of experience the Defi project will last longer.
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Malam90
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September 01, 2020, 01:58:00 PM |
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I am may be only investor who still not invest in any DeFi project. When i realized about new trend DeFi, already Defi projects pumped and who invested now in huge profits. Now DeFi projects is a matter of concern before investment, any time this hype can be blasted and investors may face huge loss again.
you are not alone dude, i am be one of them too. missing Defi hype or opportunity doesn't matter for me as long as my money safe. i have big question why each Defi project could pumped more than 5x only in short term, actually it is speculation or really have use case for crypto market. Those who are not following the trend can really lose a good profit. But, I know it can be challenging to decide if the coin is really worthy or not. Good examples of coin that brought huge profits to early investors are PolkaDOT, ChainLink, Yearn.finance. But would you invest right now in these coins? Of course that not! They are overbought!
although they losse good profit but their money are safe. dont ever buying Defi coins if we didnt know the fundamental cause there are many fake Defi project there. Yesterday i made investment on MKR an old DeFi project which is trusted and one of the top 30 coins in cmc. It is listed in Binance and few exchanges already. So before investment in any new project specially DeFi, we have to think about that projects whether we are not trapped in hype. |
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pikkie
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September 01, 2020, 02:14:53 PM |
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I am may be only investor who still not invest in any DeFi project. When i realized about new trend DeFi, already Defi projects pumped and who invested now in huge profits. Now DeFi projects is a matter of concern before investment, any time this hype can be blasted and investors may face huge loss again.
you are not alone dude, i am be one of them too. missing Defi hype or opportunity doesn't matter for me as long as my money safe. i have big question why each Defi project could pumped more than 5x only in short term, actually it is speculation or really have use case for crypto market. Those who are not following the trend can really lose a good profit. But, I know it can be challenging to decide if the coin is really worthy or not. Good examples of coin that brought huge profits to early investors are PolkaDOT, ChainLink, Yearn.finance. But would you invest right now in these coins? Of course that not! They are overbought!
although they losse good profit but their money are safe. dont ever buying Defi coins if we didnt know the fundamental cause there are many fake Defi project there. Yesterday i made investment on MKR an old DeFi project which is trusted and one of the top 30 coins in cmc. It is listed in Binance and few exchanges already. So before investment in any new project specially DeFi, we have to think about that projects whether we are not trapped in hype. Of course it can be said to be hype but traders are profit seekers so take advantage of that price movement to be able to get a lot of profit, when you get a lot of profit then you can go out and leave the coin because if it's too long there it will make you trapped. |
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Rafiqul
Member
Offline
Activity: 1358
Merit: 10
www.cd3d.app
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September 01, 2020, 03:16:57 PM |
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I don't think so and if you were watching the current defi coin that has been getting a big pump and then most of the new coins that created in this month and they have no strong fundamental as the social media channel, telegroup were also getting created this month too. Im doubt if this will become the next ponzi game.
This is not unreasonable to suspect. I think we should wait a few more days to fully support DEFI projects. If DEFI projects lead the crypto market to a better one, we must accept it. The bottom line is that you should invest in projects by doing your own research without following DEFI's hype. |
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Gorosden
Member
Offline
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
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September 01, 2020, 03:33:51 PM |
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I think bitcoin will take a lead this year that will even attract more investors to crypto space and with DeFi hype by its side and also Ethereum next upgrade 2.0 I believe this year will be better in terms of adoption .
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sarmrakib
Full Member
Offline
Activity: 1292
Merit: 101
Vave.com
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September 02, 2020, 12:33:48 PM |
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DeFi projects are giving a crazy boost to crypto right now but, at the same time, lots of fake/scammy projects are popping out of uniswap so we need to ride this DeFi wave by being extra careful.
I have seen it also ,there are many of scam Defi project running over here and there also in Uniswap exchange .Most of the scam project making hype so we need more careful to choose Defi project before invest . |
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rahmathidayat93
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September 02, 2020, 12:47:58 PM |
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I have seen it also ,there are many of scam Defi project running over here and there also in Uniswap exchange .Most of the scam project making hype so we need more careful to choose Defi project before invest .
Obviously, this was due to the scammers who took their opportunity to create a DeFi project, because they also knew that DeFi was in a good trend, so they took the opportunity to do so in order to make a profit through investors. |
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jpnl0006
Jr. Member
Offline
Activity: 480
Merit: 4
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September 02, 2020, 12:56:20 PM |
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The whole idea of defi is great but it has its own short comings. I understand the boom in the DeFi is as a result of the hype currently ongoing and it has been much of a good business to those that invested as a result but i can not tell if it is sustainable. We need fast rising projects that will help evolve the blockchain financials but also more important is the sustainability.
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bobyhodob
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September 02, 2020, 01:11:08 PM |
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I have seen it also ,there are many of scam Defi project running over here and there also in Uniswap exchange .Most of the scam project making hype so we need more careful to choose Defi project before invest .
Obviously, this was due to the scammers who took their opportunity to create a DeFi project, because they also knew that DeFi was in a good trend, so they took the opportunity to do so in order to make a profit through investors. I hope that your guess about the DeFi project is not true because I think the DeFi project is very good, such as IEOs and ICOs which have started to weaken so that good projects like DeFi are created, I hope many investors will like and can make the name cryptocurrency smell good. |
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landoffaucets
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September 02, 2020, 01:26:25 PM |
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Do not invest into DeFi tokens that already experienced bull run, rather find coins that are attempting to the market, like Radix, Dfinance or Oikos token.
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10BTCaDay
Full Member
Offline
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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September 02, 2020, 02:36:15 PM |
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Do not invest into DeFi tokens that already experienced bull run, rather find coins that are attempting to the market, like Radix, Dfinance or Oikos token.
Oikos can be very promising. it can bring 200-300 percent of the profit. The most important reason why it will be so popular is the commissions in the TRX network. people will not pay $ 100 commission like they pay on the ETH network |
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jacafbiz
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September 02, 2020, 04:31:07 PM |
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I do agree with you that the DEFI has come to stay and if they failed to mess things up, I can see them displacing the old coins in the space, that are not really offering anything for now to the space but have huge market cap. I still believe there are some gems still left in the space and I expect them to high great heights
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royalfestus
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September 02, 2020, 09:20:11 PM |
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Do not invest into DeFi tokens that already experienced bull run, rather find coins that are attempting to the market, like Radix, Dfinance or Oikos token.
Bull market is relative, some have had good run but the whole space will have its time. Those having a good run are built on ethereum blockchain. If Dfinance follow suit on the same blockchain with wings they could have the same run but Oikos is listed on Tron, listed on many exchange but have struggled to enoy the same ride like other Defi. I also want adoption of more decentralized exchanges |
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