Bitcoin Forum
April 30, 2024, 06:52:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 »  All
  Print  
Author Topic: End of Defi hype! Time to invest in real business with real products?  (Read 764 times)
silkbitcoin (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
October 20, 2020, 08:03:23 AM
 #1

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
1714503150
Hero Member
*
Offline Offline

Posts: 1714503150

View Profile Personal Message (Offline)

Ignore
1714503150
Reply with quote  #2

1714503150
Report to moderator
1714503150
Hero Member
*
Offline Offline

Posts: 1714503150

View Profile Personal Message (Offline)

Ignore
1714503150
Reply with quote  #2

1714503150
Report to moderator
1714503150
Hero Member
*
Offline Offline

Posts: 1714503150

View Profile Personal Message (Offline)

Ignore
1714503150
Reply with quote  #2

1714503150
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714503150
Hero Member
*
Offline Offline

Posts: 1714503150

View Profile Personal Message (Offline)

Ignore
1714503150
Reply with quote  #2

1714503150
Report to moderator
1714503150
Hero Member
*
Offline Offline

Posts: 1714503150

View Profile Personal Message (Offline)

Ignore
1714503150
Reply with quote  #2

1714503150
Report to moderator
X-ray
Hero Member
*****
Offline Offline

Activity: 2856
Merit: 520


Leading Crypto Sports Betting & Casino Platform


View Profile
October 20, 2020, 08:07:19 AM
 #2

That's true and so many new defi platforms have already ended its sale without any money raised in the seed sale and private sale. Some defi platform may still able to raise the funds but it's not so crazy as a few months ago when the yearn finance has brought the defi trend to the cryptocurrency. It looks like we will be heading another trend again.

This time people much more focus into the product and so many legit projects have raised the hardcap.

I can send any erc20 with very cheap fees for each tx. The defi bubble already burst.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
amishmanish
Legendary
*
Offline Offline

Activity: 1904
Merit: 1158


View Profile
October 20, 2020, 08:37:14 AM
 #3

The hype about jumping onto the highest APY and farming the shit out of it is definitely over. As with every hype cycle, there aren't enough new people to fool i guess. Information travels fast these days. So everyone knows now not to lock funds in anon accounts and if they give you free money to build trust then you take that money and then scoot. Not take it as a signal to invest more.

So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.
Btra
Copper Member
Newbie
*
Offline Offline

Activity: 238
Merit: 0

MYID


View Profile
October 20, 2020, 08:45:52 AM
 #4

Defi is not hype nor a virtual project which will cheat the investors gradually. These projects are very real and for the service-oriented. You can see here the true financial decentralization. The great example of this project recently you already have seen is Chainlink and the yearn.finance which has greatly outperform.

pungopete468
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 504



View Profile
October 20, 2020, 08:51:39 AM
 #5

Not quite sure if they are ended already it seems that the DeFi hype just run didn't last long, I've seen multiple DeFi scams I think that most of the investors get scared on investing to it. Let's hope that there would be a real product in the future right now I never seen any valuable.

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
benthach
Legendary
*
Offline Offline

Activity: 1764
Merit: 1000


View Profile WWW
October 20, 2020, 08:54:29 AM
Last edit: October 20, 2020, 09:23:07 AM by benthach
 #6

crypto have real products too, in term of software products.
no reason to invest in gas or real estate at this point. most big countries now heavy on battery vehicles and the u.s pumping out gas/fracting hard! in california around 15 more years all new vehicle can't use gas. low price don't mean it's going to pump later, gas is a dying industry.

real estate at all time high. no reason to buy house 400k in a couple years later worth 200k.

reddit btcwriter1 - twitter kingpininvestor
gabbie2010
Sr. Member
****
Offline Offline

Activity: 2646
Merit: 322


Vave.com - Crypto Casino


View Profile WWW
October 20, 2020, 09:06:00 AM
 #7

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
Anything thing that has beginning must have an end, few genuine DeFi projects has been overshadowed by scams some investors who were lucky invested early enough make profits and quit while some greedy ones fell for the hype and eventually got scammed, as you rightly said its time to invest in real coin BTC had been bullish lately so also ETH there are some viable altcoins that might pump 5x, 10x in the nearest future thus thorough researching will ensure making such profits.

Bitcoin-Pro
Member
**
Offline Offline

Activity: 320
Merit: 18


View Profile WWW
October 20, 2020, 09:19:52 AM
 #8

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

refBitcoin.com - Bitcoin Marketing
aioc
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 564



View Profile
October 20, 2020, 10:17:42 AM
 #9

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

I'm glad that the DeFi hype is over the gas price is back to normal and people can now go back to Ethereum trading the highest price of gas fee that I traded was $8 and I'm not used to using that high gas fee, and you are right people are going to lose on hype they should now go long term and find those projects that will last long term with real use case.

celot
Sr. Member
****
Offline Offline

Activity: 1492
Merit: 269



View Profile
October 20, 2020, 11:04:26 AM
 #10

Defi have ended as soon as possible because not getting support from investor for holding Defi coin for long time, many investor just make Defi coin as monkey business where have short moment and not profitable for holding in long time. The same with farming coin after success YFI reach bitcoin price and have many farming other coin but now have bad result with lower price and some become shit coin. I am lucky not interested with farming coin and not lost more on Defi coin project. Maybe we will get new moment about new coin again and waiting what the label and named for the next coin project.

.
1xBit.com TICKET RUSH
                                       ▄██▄▄
    ▄▄▄▀▀█████▀▀▄▄▄            ▄▄    ▄███████▄
  ▄▀      ▀█▀      ▀▄        ▄█████████████████▄
 ██▌       █       ▐██      ▄████████████████▀▀██
████▄▄   ▄▄█▄▄   ▄▄████   ▄████████████████▀████
██▀   ▀▀███████▀▀   ▀██▄▄██████████████▀▀███▄▄██
█        █████        ██████████████▀██████▀▀ ▄▀
█       █     █       ███████████▀▀███▀▀▀▀▄▀▀
 █▄▄▄▄▄▀       ▀▄▄▄▄█████████████▀▀
  ▀████▄       ▄███████████████▀▀
    ▀▀▀██▄▄▄▄▄███████████████
               ████████▀▀
               ▀█▄▄▀ ▀
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
.
BET ON
WORLD CUP &
COLLECT TICKETS!
|.
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
.
TAKE PART
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
Bitbuffalo
Member
**
Offline Offline

Activity: 169
Merit: 10


View Profile
October 20, 2020, 11:16:49 AM
 #11

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

Have you seen fiscus.fyi before? They combined DEFI and gambling dapps! And NFT's incoming! $uFFYI $FFYI

SO yeah time to invest in real projects!
Bitcoin-Pro
Member
**
Offline Offline

Activity: 320
Merit: 18


View Profile WWW
October 20, 2020, 11:28:26 AM
 #12

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

I'm glad that the DeFi hype is over the gas price is back to normal and people can now go back to Ethereum trading the highest price of gas fee that I traded was $8 and I'm not used to using that high gas fee, and you are right people are going to lose on hype they should now go long term and find those projects that will last long term with real use case.

$8 for tx fee still too high. LTC (litecoin) tx fees is about $0.0001 and it confirms within 3 minutes.

refBitcoin.com - Bitcoin Marketing
Snappycoco
Member
**
Offline Offline

Activity: 534
Merit: 19


View Profile
October 20, 2020, 11:32:38 AM
 #13

I just didn't see it coming. Too fast to go down even if its like blooming yesterday. I think its all because of the issues accompanied with it. Scams are all over the hype and someone's trying to destroy it.
Gozie51
Hero Member
*****
Offline Offline

Activity: 2464
Merit: 621


Leading Crypto Sports Betting & Casino Platform


View Profile
October 20, 2020, 11:41:52 AM
 #14

Not quite sure if they are ended already it seems that the DeFi hype just run didn't last long, I've seen multiple DeFi scams I think that most of the investors get scared on investing to it. Let's hope that there would be a real product in the future right now I never seen any valuable.

The lessons of ICO fall has brought many investors to their toes and many won't just put money in every project. Is just like many who have felt the bad side of ponzi schemes would not rush into any new kind of reformed ponzi. DeFi came in a rush, it is an early comers benefit project. Take your profit and wait is what investors have experienced.

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

This seem like the most appropriate kind of investment to keep your investment.
By the way etheruem isn't following DeFi in anyway. Etheruem has different and solid features far against DeFi.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
masterrex
Full Member
***
Offline Offline

Activity: 1820
Merit: 107



View Profile
October 20, 2020, 11:46:32 AM
 #15

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in a real business with real products!
I agree with that observation mate, and I think the Defi crazed is already subsided and leaving huge losses to those who ride it without taking precautions, and we can see it in the social media post particularly on Twitter investors are regretting, for me that was a part of the crypto reality thats why take extra precaution next time when you riding on any crypto hype, By the way, let us get back into business with the real crypto projects that have a use case and real product to offer.
kentrolla
Hero Member
*****
Online Online

Activity: 1540
Merit: 565


Eloncoin.org - Mars, here we come!


View Profile WWW
October 20, 2020, 12:05:33 PM
 #16

Time to wake up before getting scammed yes Defi hype was a hot topic for couple of months and now many of them are scared to invest in this.

A lot of articles has been released on this Defi project, analyst say 99% of these projects are scam. I was wondering like Defi will be the future of crypto but thank God now I came to know it's a real danger for investment.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
naska21
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 635


View Profile
October 20, 2020, 01:04:55 PM
 #17

The hype about jumping onto the highest APY and farming the shit out of it is definitely over. As with every hype cycle, there aren't enough new people to fool i guess. Information travels fast these days. So everyone knows now not to lock funds in anon accounts and if they give you free money to build trust then you take that money and then scoot. Not take it as a signal to invest more.

So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.

"farming the shit out of it ' - well said, exactly follows my thoughts on the topic.  I feel bad  for those who drowned their money in this shit but they were to blame themselves. Now the real players will appear in the arena, not the scammers that have tarnished the whole idea. I think Corda made the first shot in this Defi battle. "R3's public Corda Network gets its first token 'XDC' for DeFi and CBDC projects".
Greatdev
Member
**
Offline Offline

Activity: 266
Merit: 16

Sovryn - Brings DeFi to Bitcoin


View Profile
October 20, 2020, 01:40:11 PM
 #18

End of Defi hype! Time to invest in real business with real products?


Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
And who told you that all DeFi projects don't have real products? I see you are a newbie, you'd better spend time learning what few DeFi projects have in stock, projects like Polkadot, Chainlink, Synthesis aren't here to play, not all DeFi projects are complete waste of time and money, DYOR

Greatdev
Member
**
Offline Offline

Activity: 266
Merit: 16

Sovryn - Brings DeFi to Bitcoin


View Profile
October 20, 2020, 01:43:42 PM
 #19

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.
And if Ethereum claims it's old 4 figure value back again what will you think will happen to the few DeFi projects that are still standing? For example, Chainlink, can you tell me the exact project in crypto space that drives it's hype for a complete year? No single one, not even bitcoin, when crypto projects starts surging it's only going to last for days, weeks and few months, that's it. Nothing last forever

puremage111
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 511


View Profile WWW
October 20, 2020, 01:46:23 PM
 #20

Don't think DEFI Hype has ended
Look at DEFIPulse

The money locked in over time is crazy, the TVL (Total Value Locked) is getting higher and higher overtime
Pages: [1] 2 3 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!