Zazzu
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Living the truth....
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October 27, 2020, 06:44:06 AM |
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As the old Defis die, the new Defies born, some new Defi like Easyfi has been 10X by now, depends on which exchange adds them and how new they are , money likes to go to new coins which are in big exchanges like Binance!
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ololajulo
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SOL.BIOKRIPT.COM
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October 27, 2020, 07:25:00 AM |
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As the old Defis die, the new Defies born, some new Defi like Easyfi has been 10X by now, depends on which exchange adds them and how new they are , money likes to go to new coins which are in big exchanges like Binance!
I dont want to loss interest in Defi because have not had my share of the money in it but I also expect some changes with the security. The trend of hack and loss of money is high which could reduce the interest in investment but If changes could be made to secure fund and perhaps engage CEX instead of DEX they could improve interest again. I dont believe teams are innocent of those hacks and that could also require a step of confidence from teams.
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bitpotter
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October 27, 2020, 12:18:47 PM |
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Defi is currently still running, in fact more and more defi projects have sprung up on the exchange. Maybe this is their way of making profits easily, but this is also very risky for beginners.
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error08
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October 27, 2020, 02:07:46 PM |
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As the old Defis die, the new Defies born, some new Defi like Easyfi has been 10X by now, depends on which exchange adds them and how new they are , money likes to go to new coins which are in big exchanges like Binance!
that's the problem lies, a hype which creates a big pump in a short time but then plummeted. Imagine how much money lose for people who have invested in YFI when it reached the peak over $44K and now at $14K? more than 68% loss in 2 months. High volatility creates a higher chance for investors to gain big profits or lose their capital. There should be a standard for everyone to judge whether a coin worth investing or just a pump and dump scam.
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leea-1334
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October 27, 2020, 03:43:39 PM |
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Defi is currently still running, in fact more and more defi projects have sprung up on the exchange. Maybe this is their way of making profits easily, but this is also very risky for beginners.
OF course it is still running but it is getting just more and more risky and scammy,,, just like ICOs. I think this is it, the wave is over. It will not die but many people already got burned and they are all now spreading the fear and news. I like this though because we all need Defi to die.
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Malam90
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November 06, 2020, 12:05:18 AM |
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All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now: source: @ceterispar1bus Some projects have already reached -90%, yeald farming is no longer so profitable. All large projects have fallen in price, not to mention any little-known tokens with low liquidity. Is the market entering a new phase? What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever? From the beginning of the new DeFi trend, i have been warning to all investors to be aware before fall in trap. Now maximum investors are in trap of DeFi and faced huge losses. You showed a good evidence and i am agree with you about it that DeFi hype is now about to end. DeFi investors should be more aware otherwise they may regret soon.
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kaseygriffin
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November 06, 2020, 04:14:42 AM |
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Looking at the information you provided i was a bit excited, to be honest, i was also surprised by the drop. The current defi hype is making it self a challenge for many projects and most of the time i don't see them yet. New projects are emerging more and more in terms of defi, but they are projects that will not bring in much value but can take much of our money away. But I see the market is doing very well with continuous good news. My hope for 2021, when cryptocurrencies are widely adopted and accepted, we can expect a real value of defi.
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peter0425
Sr. Member
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Merit: 457
Vave.com - Crypto Casino
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November 06, 2020, 04:54:46 AM |
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All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now: source: @ceterispar1bus Some projects have already reached -90%, yeald farming is no longer so profitable. All large projects have fallen in price, not to mention any little-known tokens with low liquidity. Is the market entering a new phase? What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever? Dropping their market capitalization from Billions and now drop to millions?i'm sure this is enough proof that DEFI is now falling and the outcome will be reveal for whom is the legit and which is the BS. cant wait to finally see our expectation about the Hype that these Defi projects and coins real value in crypto market. and the comparison regarding Altcoin season of 2018 is just the same.
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sotoshihero
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November 06, 2020, 05:08:39 AM |
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From the beginning of the new DeFi trend, i have been warning to all investors to be aware before fall in trap. Now maximum investors are in trap of DeFi and faced huge losses. You showed a good evidence and i am agree with you about it that DeFi hype is now about to end. DeFi investors should be more aware otherwise they may regret soon.
Defi is the new ICO craze like what happened in 2017. It has new face but same situation, that is to siphon more money from new, and vulnerable investors and trader. Though the concept is good but, is prone to abuse and exploitation. To new investors and alike, just observe first and scrutinize any project you are about to invest. At the end of the day, it is you who will lose your hard earned money, always be careful and vigilant.
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ahyadinnn
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November 06, 2020, 05:15:31 AM |
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From the beginning of the new DeFi trend, i have been warning to all investors to be aware before fall in trap. Now maximum investors are in trap of DeFi and faced huge losses. You showed a good evidence and i am agree with you about it that DeFi hype is now about to end. DeFi investors should be more aware otherwise they may regret soon.
Defi is the new ICO craze like what happened in 2017. It has new face but same situation, that is to siphon more money from new, and vulnerable investors and trader. Though the concept is good but, is prone to abuse and exploitation. To new investors and alike, just observe first and scrutinize any project you are about to invest. At the end of the day, it is you who will lose your hard earned money, always be careful and vigilant. true, always be careful in choosing defi projects, nowadays a lot of defi projects have sprung up and some even provide very large profits, I have encountered defi projects several times and they give farm results and stakes too high, but they run away, just survive a few months, even their website can no longer be accessed and many people get losses because they are trapped by the defi project
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OasisDre
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November 06, 2020, 07:23:44 AM |
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It's not over yet, not until another bear market take over like that of March 2018, presently bitcoin is very very bullish and this can once again hell junk DeFi tokens to surge once more before the almighty crumble that will happen soon, though it's better to invest on top DeFi projects for better result
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Doranile432
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Merit: 22
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November 06, 2020, 08:15:01 AM |
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DeFi hype is over and those who are screaming now are the greedy people who refuse to take profit, we've been told that crypto space is full of opportunities but timing is a very vital thing in crypto space, no opportunity stays too long, take your profit when they are still available
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Doranile432
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November 06, 2020, 08:17:37 AM |
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It's not over yet, not until another bear market take over like that of March 2018, presently bitcoin is very very bullish and this can once again hell junk DeFi tokens to surge once more before the almighty crumble that will happen soon, though it's better to invest on top DeFi projects for better result
It's true that Bitcoin Bullrun can have good impact on DeFi projects but I personally believe it won't be on all DeFi projects, many DeFi projects won't go back to their ATH again because DeFi projects are bubble and it's already busted, only very useful DeFi projects will enjoy the bull ride.
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Renampun
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November 06, 2020, 09:06:35 AM |
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The only DeFi project that's still standing strong is ChainLink, every others are down in value, the only thing to look up to right now is bullrun season, bitcoin movement lately is very confusing, can't help but believe that altcoin season is coming, hopefully this will come true
not just Chainlink, it looks like AAVE is still survived out... It seems that when the Bitcoin price was bullish, the DeFi project began to be forgotten, but not all DeFi projects experienced drastic price drops. HYPE DeFi is over and is highly recommended for those who have their tokens to switch to Bitcoin or other Altcoins.
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zaim7413
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Enterapp Pre-Sale Live
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November 06, 2020, 09:40:13 AM |
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It's not over yet, not until another bear market take over like that of March 2018, presently bitcoin is very very bullish and this can once again hell junk DeFi tokens to surge once more before the almighty crumble that will happen soon, though it's better to invest on top DeFi projects for better result
Personally, I even believe more in Altcoins, which are always in the top 10 in the ranking when bitcoin is bullish, even though the effect of the current increase in Altcoin prices is not that far from the previous price, but it is still good to find daily profit through trading in several markets.
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istiak2277
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KUWA.ai
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November 06, 2020, 09:42:28 AM |
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The only DeFi project that's still standing strong is ChainLink, every others are down in value, the only thing to look up to right now is bullrun season, bitcoin movement lately is very confusing, can't help but believe that altcoin season is coming, hopefully this will come true
not just Chainlink, it looks like AAVE is still survived out... It seems that when the Bitcoin price was bullish, the DeFi project began to be forgotten, but not all DeFi projects experienced drastic price drops. HYPE DeFi is over and is highly recommended for those who have their tokens to switch to Bitcoin or other Altcoins. Defi projects are getting their own hype to keep it forgotten, BTC increases in price i see altcoins also going up but not with Defi projects, maybe during the time defi-labeled projects will work less, this can be understood as the process of selecting and rejecting poor quality projects, until then we will have defi projects operating in the most complete and proper role. I have also noticed it. When BTC is pumping and other alts too DeFi market is not moving significantly. I do not know what will be the reason. People's moving their funds from the DeFi project or there are other reasons? But I am sure this will kick out many garbage projects from the current DeFi world and an only strong one will survive.
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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November 06, 2020, 09:44:40 AM |
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source: @ceterispar1bus Names of some coins sounds funny i don't know how people understand to invest on those? But of course surely there is a Big capitalist behind each Pumps and not just pure investors. What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever?
But that is what we called Altcoin season in which happens in 2018,because they don't grew like what bitcoin does in 2017 so after correction they blew up and reached their ATH.
But you are perfectly correct about the title mate,looks like Defi season is over and only those few legit are remaining in top tanks position.
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bitcampaign
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Vave.com - Crypto Casino
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November 06, 2020, 09:52:42 AM |
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I've been getting warnings from some people and crypto experts to stay away from all farming projects, I'm glad not to be part of those projects on this list, I'm just holding onto a few new altcoins that have good potential in the future, hope they end soon that's true completely confounding the high transaction fees also on ETH since they were around
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nrvasquez
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November 06, 2020, 09:59:49 AM |
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I've been getting warnings from some people and crypto experts to stay away from all farming projects, I'm glad not to be part of those projects on this list, I'm just holding onto a few new altcoins that have good potential in the future, hope they end soon that's true completely confounding the high transaction fees also on ETH since they were around
Yes, i also don't really like DeFi tbh, but also not oppose it, if i get opportunity to get huge profit why not. Some defi really have crazy profit, so that's very potential, people who don't miss DeFi in July or August maybe already have very decent profit right now
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iTradeChips
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November 06, 2020, 10:27:52 AM |
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We can assume that the said trend and many would say hype is now gone since many became disinterested with the hype because of the many scams and fake projects that happened. So you have to be very sure you know how to do good research so you can only pick only the good projects and even if the said hype is over, as long as you know what to invest and where to invest then you need to worry about your investments being scammed by scrupulous people.
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