semobo
|
|
October 09, 2020, 02:15:04 PM |
|
Wait, not yet because the prices are regaining again to the same region as before but still not to its all time high of this month.There will be another huge dump in the market later this year so people who are holding need to be prepared for it even though they had seen potential on defi projects.
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
nicecrypto
|
|
October 09, 2020, 02:27:36 PM |
|
defi trend is still very much high, only the market is in retracing which is a healthy way for it grow even more, there are still new project coming up every day in the defi platform, some are legit while others are not, so in my opinion, i don't the defi bubble has burst just yet, in fact, it seem it will go on for a good period before we can see another new trend.
|
|
|
|
genievic23
Jr. Member
Offline
Activity: 417
Merit: 2
|
|
October 09, 2020, 02:42:15 PM |
|
Well the market really needs another correction to gain power again to go up, let's see in the coming weeks. There are still good defi projects to invest with today like KittieFIGHT. They offer Yield Farming and betting games. Not quite any project out there.
|
██ ▀■ KittieFIGHT.io ■▀ ██ ▄ Real time dapp game ▄
|
|
|
nykka
Member
Offline
Activity: 252
Merit: 11
|
|
October 09, 2020, 02:46:54 PM |
|
Today I saw the news that most DeFi projects lost more than 30% of their price and it`s obvious that they can live and grow endlessly. I always answered to my friends "Be careful, sooner or later it will burst and fall down like always", who are not experienced in cryptocurrency on the answer "Should I join DeFi, because I can earn a lot there", and it was really good advice, because many of my friends have saved their money. And I think don`t lose own money is better than have only chance to earn a little
|
|
|
|
Reid
|
|
October 09, 2020, 03:05:05 PM |
|
Not yet, according to the bubble phase, we might be just on the first sell off and then bear trap. So it's still a long way to go before the DeFi Bubble will be burst. There will be second wave perhaps in November-December again and will took on next year, so stay tune for more. ~ SourceThat's cool. Thank you. Yeah, it might be just that way. Bear for a cheaper price to pull more buyers. That way, when another hype comes back then it will be more profitable for whoever is always ready to sell. I also don't think it ain't over just yet. It's too early to say that.
|
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
|
October 09, 2020, 03:05:09 PM |
|
Loses over the last week: Chainlink: 12% Aave: 19.5% Uniswap: 32% Yearn.Finance: 44% Compound: 20% Uma:33%
As i watched a month ago since price swings happened with DeFi daily not during whole month. 12% is really nothing. I personally dont see any value in any DeFi coin, but this price change swings are something you should not worry about.
|
|
|
|
Ridwan Fauzi
|
|
October 09, 2020, 03:28:23 PM |
|
I don't think like that, the marker condition has given a bad thing the crypto currency prices movement. Bitcoin price fell and it was caused all altcoin price were decreasing as well. But now all of the crypto price movement are trying to increase again and I believe it will give an affect as well for all the price of DeFi token.
As we still remember some altcoins who held by ICO/IEO event, are all altcoin who made by those event are decreasing when the hype is over? I don't think no, some altcoin still increase when the event is over event there is some altcoin who touch its all time high depend on the development of the coin itself.
|
|
|
|
target
Legendary
Offline
Activity: 2226
Merit: 1041
|
|
October 09, 2020, 03:41:27 PM |
|
It didn't burst, its about to pump again. Opportunity lost for those who hasn't bought while the price dip to 33% for UMA seem too much that someone seeking to profit. Aave is just one of hte best Defi project. 19% dip is also a good opportunity.
|
|
|
|
tomahawk9
|
|
October 09, 2020, 03:43:03 PM |
|
The bubble popped and it's about to go from bad to worse Just today, a DeFi project pulled an exit scam https://coinfomania.com/defi-cbdao-bree-pulls-rug-1m-in-eth/Not gonna lie, I thought the hype was going to last until way after the massive crypto bull run started, but looks like the BTC jump to 11,000 was enough for scammers to finally call it quits
|
| | | . Duelbits | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀
Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█
Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █
Blackjack | | | | █▀▀▀▀▀█▄▄▄ ▀████▄▄ ██████▄ ▄▄▄▄▄▄▄▄█▀ ▀▀█ ████████▄ █ █████████▄ █ ██████████▄ ▄██ █████████▀▀▀█▄▄████ ▀▀███▀▀ ████ █ ███ █ █▀ ▄█████▄▄▄ ▄▄▀▀ ███████▀▀▀ | | | | | | | | | | [ Đ ][ Ł ] AVAILABLE NOW | |
|
|
|
zasad@
Legendary
Offline
Activity: 1750
Merit: 4271
|
|
October 09, 2020, 04:47:31 PM |
|
Loses over the last week: Chainlink: 12% Aave: 19.5% Uniswap: 32% Yearn.Finance: 44% Compound: 20% Uma:33%
As i watched a month ago since price swings happened with DeFi daily not during whole month. 12% is really nothing. I personally dont see any value in any DeFi coin, but this price change swings are something you should not worry about. Nothing like this. Hype was supposed to end someday, but projects such as DOT can be bought. I don't even want to write about Yearn projects, they should have been sold for a long time. If the whales decide to raise the price of bitcoin, then this is also good, but then they will transfer their funds to altcoins.
|
|
|
|
South Park
|
|
October 09, 2020, 05:55:10 PM |
|
I think the DeFi bubble is over but there are still going to be a few projects that will go up in value here and there but it is not going to be generalized, and like always I put the blame on scammers, they are always looking for the next big thing to take advantage of investors and each time they are becoming more effective at this, the previous ico bubble lasted a long time but the DeFi bubble was much shorter and that is because they have become incredibly efficient at getting the money of people and as long as this is the case the growth in the market will be limited as new investors that come to this market lose faith in it in just a few months after coming in.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
kindbtc
Member
Offline
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
|
|
October 09, 2020, 05:58:38 PM |
|
It was all expected because the price went up too quickly so yes short term bubble has burst and it is good for the market as scam and poor quality projects will exit and quality projects will thrive and their price will also recover so i do not think if someone is holding quality defi tokens he does not need to panic just hold and wait.
|
|
|
|
JakobFugger
Member
Offline
Activity: 135
Merit: 49
|
|
October 09, 2020, 06:16:40 PM |
|
DeFi's big challenge is regulation. I believe if Biden wins, we will have a fall never seen before. Unlike Bitcoin which has been gaining support, new projects are still viewed with great suspicion. Mainly by regulators. Bitcoin is heading towards being a commodity. DeFi challenges many people, including those who run the money. https://cointelegraph.com/news/bloomberg-biden-election-would-be-good-for-bitcoin-bad-for-defiBloomberg: Biden election would be good for Bitcoin, bad for DeFi
|
|
|
|
Slow death
Legendary
Online
Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
|
|
October 09, 2020, 07:00:32 PM |
|
I think this must be indirectly related to the Bitmex case: Why the BitMEX charges could be bad news for DeFi
DEFI in the near future will have to face the wrath of regulators and investors who already dreamed that DEFi were the infinite gold mine and revolution in the world of finance must be returning to planet Earth and are realizing that things are not as simple as seemed. I even wondered about this subject the drastic decline of some of the top defi projects in the market doesn't mean the defi hype has ended. really? I have the impression that things will be different going forward
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Jackl87
|
|
October 09, 2020, 07:44:01 PM |
|
Most things that rise rapidly will also fall sooner or later. The Defi hype was crazy in the last few months. Projects were pumped in a way that was not sustainable for long time. What we now see is a correction to normal levels. From all those projects that were launched during the defi hype only a few will be successfull and still be around in a year or so. So i wouldn't call it a bubble that bursted but a bubble that shrinked back to a normal level.
|
|
|
|
Oilacris
|
|
October 09, 2020, 07:56:02 PM |
|
Is still this surprising for most people specially to those who had been here on this market for a while now? Its definite "NO" and ive been keeping saying on people that they shouldnt really tagged up too much with the hype or else you would really end up on losing money due to negatives specially when you bought into the peak. Im not saying that it had already burst out but with those negative percentage then its most likely to be on that way.Im expecting for more decline further but who knows if one of those will able to recover.Right?
|
|
|
|
bigcash2011
|
|
October 09, 2020, 08:06:42 PM |
|
Do not feel bad guys especially those in with the top defi tokens they will recover soon. Also with massive defi infrastructure under development and some top professionals working to enhance defi ecosystem i am confident that all the good defi projects will do well over long term.
|
|
|
|
jossiel
|
|
October 09, 2020, 10:23:18 PM |
|
It isn't going to last. We caught and witnessed their hype and somehow there's still remaining on it. If people are expecting it to keep doing the same, you're already getting hooked in it. Projects like Defi are catching the interest of many investors.
And also, it catches the attention of those investors that are wise enough to dump whenever it is needed and necessary. While you're not yet there, secure your profits, you will never know if you're the next to experience dumping with the token you hold.
|
Signature for rent
|
|
|
tanjiran
|
|
October 09, 2020, 10:34:27 PM |
|
~ And also, it catches the attention of those investors that are wise enough to dump whenever it is needed and necessary. While you're not yet there, secure your profits, you will never know if you're the next to experience dumping with the token you hold.
we must be able to adapt, with changes in the ecosystem in the crypto world, trends always change, as well as risks and challenges. DeFi does offer pretty good opportunities, but don't get your hopes up for big surprises like what happened before, if we expect too much and rely only on luck without being based on analysis, we might lose. DeFi trains are already running fast, don't force a ride if we don't have enough preparation. And most defi projects that skyrocketed in a short period of time, we can see that they are also taking a dip. The importance of determining the proper timing of entry and exit is key.
|
|
|
|
Shasha80
|
|
October 09, 2020, 11:07:46 PM |
|
I think DeFi isn't over yet, there are still surprises later this year. Just pay attention to some DeFi projects starting to experience price increases, I am still optimistic that DeFi projects are still good for investment, based on the research and analysis I have done, DeFi projects are still a trend until 2021. If anyone disagrees with my opinion, it's up to everyone's opinion. Because everyone must have different thoughts and beliefs regarding DeFi projects.
|
| | | | | BIGGEST AND MOST TRUSTED FULLY LICENSED CRYPTO CASINO | | | | ▄▄▄▄█▄█▄▄▄▄ ▄█████████████▄ ███▀▀███████▀▀███ █▀ ▀█▀ ▀█ █████████████████████ █████████████████████ █████████████████████ ███████████████████ ███████████████████ █████████████████ ███████████████ ███████████ ▀▀███▀▀ | █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ █ █ █ ▄ ███ ███ █ █▀▄▀█ ▄███▄ █ ███ ██▀▄▀█ █▀ ▀██▀█▀█▀██████ ██▀ ▀█ █ ▄▀▄▀▄███ ██ █ █ █ █▄█ ██ ██ █ █ █ ██ ██ ███ █ █ █ ██ ██ █ ▀▄ ▀▄██ ▄▀ ▄▀ ▀▄ ▀█▀ ▄▀ ▀▄ ▄▀ ▀▀▄▀▀ | ▀▄ ▄▀▄ ▄▀ █▄ ▀█▄▄▀▄▄█▀ ▄█ ▀█▀███▀███▀█▀ ▄█████████████▄ █████████████████ ███████████████████ █████████████████████ █████████████████████ ▀███████████████████▀ ▀█████████████████▀ ▀███████████████▀ ▀███████████▀ ▀▀▀█▀▀▀ | | SPANISH CLUBS OFFICIAL ASIAN BETTING PARTNER | │ | ACCEPT MULTIPLE CURRENCIES | │ | . JOIN US | │ |
|
|
|
|