Yearn Finance and Bitcoin

[Furious 7]

There is no coin that can replace bitcoin a group of people may speak like that but I believe bitcoin will be a coin that has remained in the interest of so much struggle during this decade and the YFI coin that I know is like being manipulated by a group of people and prices can skyrocket in months that even exceed bitcoin so I say this can be a hype coin that will be discarded later.

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[iamaruf]

No YFI is not a new bitcoin. Maybe you are telling YFI is a new bitcoin by seeing the price. YFI is a token based on ETH and only Has 30000 total supply. According to the total supply, the price is low.YFI is new in the crypto market, now defi is on the hype that's why many people thinking about YFI. But see the volume and marketcap. YFI market cap is only 66,273 BTC. Don't compare BTC with YFI.

[Roidz]

Yearn Finance is introducing a vault part of the ecosystem and I just bought some on Huobi.com.

People say that Bitcoin should increase the protocol to include a yield like staking.

Over 20,000 on the market right now..... is YFI the new Bitcoin?
https://www.huobi.com/en-us/exchange/yfi_usdt/

The increase in YFI prices occurred because the DeFi system is currently being used and YFI is one of the criteria that can enter the DeFi system so that there was a quite fantastic price increase over the current bitcoin price, but this cannot be a reference to say if bitcoin has been lost at this time because this is common in cryptocurrencies where Sensation/ Hype can easily lift crypto prices and usually, it doesn't last long and I'm sure the YFI price will return to normal.

[shakesbear]

YFI good token, created for a specific purpose, but why do people compare it with bitcoin, it can't replace bitcoin, its price will increase for certain reasons - small circulation and high hyip.

[terizla]

Now is YFI price is more expensive than Bitcoin. But Yearn Finance is Yearn Finance and Bitcoin is Bitcoin. They are diffence, and YFI can't be the new Bitcoin.

[Warkop]

There is no coin that can replace bitcoin a group of people may speak like that but I believe bitcoin will be a coin that has remained in the interest of so much struggle during this decade and the YFI coin that I know is like being manipulated by a group of people and prices can skyrocket in months that even exceed bitcoin so I say this can be a hype coin that will be discarded later.

I agree with your opinion, maybe this is just a manipulation to increase the price of YFI and this will not be able to match Bitcoin every time because everyone already believes that Bitcoin is a very good cryptocurrency for its future. If YFI still looks good and the price exceeds Bitcoin, it will look temporary because a group of people are already planning to dump it at the lowest price. So pay close attention to this price in the future.

[gaston castano]

ridiculous statement, you say that YFI, which has only been released in the market a few months as a substitute for bitcoin,if indeed the higher price does not guarantee that the token will last long, at least defi and yield farming is trending now but it looks like it will be dim, even if it survives it will not be able to replace bitcoin.please don't say anything nonsense.

[Malam90]

Today or tomorro Yearn Finance (YFI) will collapse in my opinion. There is so manipulation that hpye its price at least 20x higher that what price should be in reality. Before investing in such Hype, should think its risk and probable blast in anytime. We can't compare YFI with Bitcoin. Higher price doesn't create actual value of the project.

[disconnectme]

Yearn success depend on the ability of the team to keep creating value for the token, I believe the project is sound but has the returns in DEFI starts drying out, it will show in the price. The thing about the project is the quality of the developer and the fair distribution of the tokens

[DU18]

Even though the current yearn Finance (YFI) token price has increased quite high and is even able to pass the bitcoin price, of course this will not necessarily beat bitcoin as the king of the world's digital currencies today, I am personally very sure if the current YFI price increase is the temporary impact of the popularity of the Defi system, but in the future we can see if DeFi begins to be abandoned, of course, it will make the YFI token price weaken again, so those who hold YFI for too long will be very risky later and my advice for those who invest in YFI is better to be careful and don't make YFI an asset for the long-term because we don't know the popularity of the DeFI system will be lasted long or not

[pandanaran]

I believe that bitcoin will always dominate the cryptoqurrency market, based on what they have achieved up to now Bitcoin is the top and profitable coin of all time. to be honest projects that smelled of Defi gave me goosebumps, even though some of them had high selling points, but I personally have no interest in the Defi investment program.

[sallasvve]

For 10 years, there have already been enough coins that tried to Eclipse the popularity of bitcoin. However, none of the coins managed to do this. The best indicator of the popularity and demand for bitcoin is its capitalization. And bitcoin has the largest share in the crypto market.

[tippytoes]

Even though the current yearn Finance (YFI) token price has increased quite high and is even able to pass the bitcoin price, of course this will not necessarily beat bitcoin as the king of the world's digital currencies today, I am personally very sure if the current YFI price increase is the temporary impact of the popularity of the Defi system, but in the future we can see if DeFi begins to be abandoned, of course, it will make the YFI token price weaken again, so those who hold YFI for too long will be very risky later and my advice for those who invest in YFI is better to be careful and don't make YFI an asset for the long-term because we don't know the popularity of the DeFI system will be lasted long or not

I have the gut feeling that this will go down hard in the very near future. The collapse is imminent on this YFI platform as they have no working platform. Contemplating on why it is very expensive, I don't see any reason why such price? Are there really consumers of this yearn finance platform? Where are they?

[Google+]

Even though the current yearn Finance (YFI) token price has increased quite high and is even able to pass the bitcoin price, of course this will not necessarily beat bitcoin as the king of the world's digital currencies today, I am personally very sure if the current YFI price increase is the temporary impact of the popularity of the Defi system, but in the future we can see if DeFi begins to be abandoned, of course, it will make the YFI token price weaken again, so those who hold YFI for too long will be very risky later and my advice for those who invest in YFI is better to be careful and don't make YFI an asset for the long-term because we don't know the popularity of the DeFI system will be lasted long or not

I have the gut feeling that this will go down hard in the very near future. The collapse is imminent on this YFI platform as they have no working platform. Contemplating on why it is very expensive, I don't see any reason why such price? Are there really consumers of this yearn finance platform? Where are they?

but strangely today the YFI price has increased in price again and beat the price of bitcoin, so I think YFI will still move up due to the influence of very limited supply so that the price will increase dramatically, imagine if YFI's price could reach $100,000, what would that be? you will do if you don't buy it and lucky for those who buy it and can enjoy the benefits of YFI.

[sallasvve]

Even though the current yearn Finance (YFI) token price has increased quite high and is even able to pass the bitcoin price, of course this will not necessarily beat bitcoin as the king of the world's digital currencies today, I am personally very sure if the current YFI price increase is the temporary impact of the popularity of the Defi system, but in the future we can see if DeFi begins to be abandoned, of course, it will make the YFI token price weaken again, so those who hold YFI for too long will be very risky later and my advice for those who invest in YFI is better to be careful and don't make YFI an asset for the long-term because we don't know the popularity of the DeFI system will be lasted long or not

I have the gut feeling that this will go down hard in the very near future. The collapse is imminent on this YFI platform as they have no working platform. Contemplating on why it is very expensive, I don't see any reason why such price? Are there really consumers of this yearn finance platform? Where are they?

Right. Because the YFI platform is a working tool only for speculation. They do not produce any working product or service. There, some money makes other money, then they invest again in the platform and continue to make money. This is called a soap bubble that will soon burst.

[Dana888]

Even though the current yearn Finance (YFI) token price has increased quite high and is even able to pass the bitcoin price, of course this will not necessarily beat bitcoin as the king of the world's digital currencies today, I am personally very sure if the current YFI price increase is the temporary impact of the popularity of the Defi system, but in the future we can see if DeFi begins to be abandoned, of course, it will make the YFI token price weaken again, so those who hold YFI for too long will be very risky later and my advice for those who invest in YFI is better to be careful and don't make YFI an asset for the long-term because we don't know the popularity of the DeFI system will be lasted long or not

It goes without saying. A new system or a new innovation always requires a testing period and these periods can be calculated over the years. The same essence as veganism - there is no experience of long-term use. We will be able to get real data on this experiment only in a few years, and this is a small period objectively.

[Banulit]

I dont think that yearn.finance is the new bitcoin because for me bitcoin will always be the top one cryptocurrencies in the market and for the yearn to achieve what bitcoin have it need more and more year to gain all those accomplishment of bitcoin.

[FontSeli]

There is no coin that can replace bitcoin a group of people may speak like that but I believe bitcoin will be a coin that has remained in the interest of so much struggle during this decade and the YFI coin that I know is like being manipulated by a group of people and prices can skyrocket in months that even exceed bitcoin so I say this can be a hype coin that will be discarded later.

Why compare these two coins? Bitcoin was created for making payments, in order to replace Bank accounts. Bitcoin is also used as a coin in which people store their savings.
YFI was created for the purpose of earning money, speculating with finances on their platform. I have already seen a lot of projects for speculation. They all came and went. At the same time, Bitcoin has been around for more than 10 years and is constantly gaining popularity among people.

[Fakhrulenclix]

YFI good token, created for a specific purpose, but why do people compare it with bitcoin, it can't replace bitcoin, its price will increase for certain reasons - small circulation and high hyip.

YFI is not a good token, created for a specific purpose?? Yeah maybe you right, To make money by deception, how could be a new coin within the current market situation can increase so much, it's impossible, also no team mentioned on the website, so many manipulations behind the project and will collapse soon.

[jajorforce]

By staking we force altcoins price to pump but this process can stay long. Even i don't support centralized wallet or exchange wallet staking process, in both wallet you don't have your control. Like atomic wallets offering very good staking rewards. Still some people dream of becoming yearn finance holders when YFI becomes Bitcoin. YFI listed exchange this year, just a few months ago.