Panxora_COO (OP)
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August 31, 2020, 10:13:40 PM |
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I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi? If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.
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Mahanton
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August 31, 2020, 10:18:03 PM |
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I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi? If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites. Same as usual and its not really that revolutionary for these DeFi projects and this is just like what happened with ICO and IEO in the past and when those markets arent really making any profits or buzz then its anticipated that there would be always a new one would replace the spot and as of this year we are already talking about DeFi's. When it comes to investment suggestion then its up to you if you do go along with the ride or would simply skip out but there are actually people whom do made some risk and did really make out some profits but for long term aspect then im not really that expecting much.
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tippytoes
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August 31, 2020, 10:23:58 PM |
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Of course, I have heard of DeFi. Everyday you will see in the forum that a new DeFi-related project is launched. It maybe a game changer but I believe only few of them will survived as most of them are just money-grab projects. They are riding the hype and in a hurry to launch their so-called DeFi platform. In time, you will know how many of them will continue to serve the community. But I bet most of them, have very short lifespan. So if you are serious buyer of DeFi, you should really assess on each project and read between the lines if they are here only for money.
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tabas
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August 31, 2020, 11:55:52 PM |
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Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing. Anyway, your link is broken.
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WalkerIVIV
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September 01, 2020, 04:06:20 AM |
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I have heard defi before and I do. You can see how much funds are getting locked in defi and it's always increasing too. I think that as long as people can be carefully to choose the legit defi and it will implode. Some people may still feel doubt about the possibility for this trend to be another ico bubble but we will see that.
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Anonylz
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September 01, 2020, 04:29:28 AM |
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I think the verdict would be from the users of this decentralized finance platform if they find the services more useful and beneficial than the normal traditional financial system, it can only be considered disruptive if users find it more useful, but if this is only in theory without practice then it will only be seen as a hype no different than the ico's and ieo's, my own perception.
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SillyGirl
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September 01, 2020, 07:59:22 AM |
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leea-1334
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September 01, 2020, 09:04:02 AM |
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I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi? If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites. Implode and destroy itself, maybe that is too harsh an assessment but I do not think it will disrupt anything now, it will change and make things easier in the future, but not before some massive hack or smart contract failure turns one big platform inside out. Nothing special about Defi. People lending other people money and earning interest is the gist.
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reliable
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September 01, 2020, 11:00:39 AM |
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Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing. Anyway, your link is broken.
In recent time the prices of Defi coins has being on rise and rising very quickly. I am sure considering this many would be tempted to invest in it to become part of the rising prices and make some profits from it. But yes as you said can it be a part of marketing and in the end prices falls drastically from the top this is uncertain.
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blue Snow
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September 01, 2020, 01:01:07 PM |
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If you get in and had received profit, let's take action to leave it quickly. don't be greedy and come to be euphoria. you have thought it back in the past (2017) how token like this come too fast pump and dump.
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TeraBite
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September 01, 2020, 01:36:03 PM |
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Of course, I have heard of DeFi. Everyday you will see in the forum that a new DeFi-related project is launched. It maybe a game changer but I believe only few of them will survived as most of them are just money-grab projects. They are riding the hype and in a hurry to launch their so-called DeFi platform. In time, you will know how many of them will continue to serve the community. But I bet most of them, have very short lifespan. So if you are serious buyer of DeFi, you should really assess on each project and read between the lines if they are here only for money.
Indeed only few of them are legit who have real people behind most of them just rushing towards this space and launching their projects to steal the money. At the there is FOMO everyone investing in all DEFI project without using his own brain to pick the right project to make secure his future.
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poodle63
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September 01, 2020, 01:58:08 PM |
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The defi trend can disappear anytime and I think that you are missing the means of bubble and it's related to the trend that has already acquired by the defi. This trend has been making so many people FOMO to buy the defi coins and try to use the defi platforms.
The bubble can become even bigger when it can make a sustained growth but the opposite trend can happen to make the bubble will be burst and you can call this as the bearish trend for the defi coins or platforms.
Just look at Y family coins and some of them have already dumped again and this day my friend is losing 50% of his investment caused by the bubble burst that happened on YFIS.
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tabas
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September 01, 2020, 07:27:16 PM |
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Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing. Anyway, your link is broken.
In recent time the prices of Defi coins has being on rise and rising very quickly. I am sure considering this many would be tempted to invest in it to become part of the rising prices and make some profits from it. But yes as you said can it be a part of marketing and in the end prices falls drastically from the top this is uncertain. Yes, they are all rising quickly. Look at the different projects that were inspired by yearn.finance. They have labeled their name with the same name but just like the forks, they've added name to the original name so that investors will notice it. And they can think that it's also the same as the original defi that can also go up.
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Sophia Portera
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September 02, 2020, 08:41:20 AM |
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Reatim
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⭕ BitList.co
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September 02, 2020, 09:17:42 AM |
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I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi? If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites. Truth?i have just heard of Defi Projects just months ago when Threads popping out in altcoin section talking about them and Boom the price went Up Moon just in a Bit. How i hope this is reality,this is truly a good way to make profit in this market. I think the verdict would be from the users of this decentralized finance platform if they find the services more useful and beneficial than the normal traditional financial system, it can only be considered disruptive if users find it more useful, but if this is only in theory without practice then it will only be seen as a hype no different than the ico's and ieo's, my own perception.
And this is what i am afraid of that we are entering another 2018 Altcoin Hype and Money mostly wasted as the whales that supports the project took the money just like that. Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing. Anyway, your link is broken.
Just let it be mate because This is gaining Media attention now so surely the bringing of many news from different platform and sites will be indeed.
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Crypto_lion
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NEW MEDICINE:Faster, Safer, Smarter
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September 02, 2020, 12:08:18 PM |
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I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
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Pasutinmeur
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September 02, 2020, 01:49:54 PM |
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The defi project is just like a time bomb that can explode anytime. So many investors have already faced big loses from some defi. This time I have been watching there was a defi called yuno has rugged the liquidity on its pool.
The bubble will be burst as soon as possible. CZ has created a very important awareness for the defi especially the new defi that was offering a super high yield farming for the stakers.
The defi itself just like a money grabber and it will destroy itself soon.
I remember someone said 1 or more defi developer = thousand bankers.
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Captain Corporate
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September 02, 2020, 02:02:57 PM |
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Unfortunately I do not believe in any of them, they are all bunch of scams if you ask me. Sure some of them got lucky and got a funding and they are looking like they are working right now, but this is a hype and that hype will eventually end, when that ends what do you think people will do? Do you think that even the most successfull one will continue to be awesome forever? Believe me they are no bitcoin, even the biggest one will get that hype died down and at that moment they will be all a big nothing. And all of those billions of dollars funding these projects will be gone, obviously making the creators super rich while making the investors poorer. I hope that people will realize this quicker so that they could find their way out of it.
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shadowduck
Full Member
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Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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September 02, 2020, 03:58:00 PM |
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I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn
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Perfect35
Member
Offline
Activity: 854
Merit: 10
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September 02, 2020, 11:50:36 PM |
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I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn Another very good option now is Ethreum. Ethereum yesterday reached an all time high since the beginning of 2020 till now. It's a very promising coin, which can be an alternative d better investment when compared with lots of Dedi projects.
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