Ucy
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Compare rates on different exchanges & swap.
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November 03, 2020, 02:16:57 PM |
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I think it's better to focus on good quality/standards than quantity. Quantity can then grow from the quality or uncompromised standard.
Quality DeFi/Crypto projects need to adhere to these crypto principles: *Decentralization *Transparency *Immutablity *Privacy/Anonymity *Censorship resistant *Permissionless/trustlessness *Safety/security *Rules *Consensus *Deflation Etc
The projects should exist like autonomous beings guided by their good rules/principles rather than beings controlled by a puppet with contrary rules/principles.
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btc78
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⭕ BitList.co
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November 03, 2020, 02:22:34 PM |
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At the end of August, the volume reached a record of $8 billion, the September maximum was $6 billion, last week the trading volume fell to $3 billion. On September 1 the trading volume on Uniswap was almost $1 billion, on October 22 $234 million. Trading volumes at DEX decreased by 41% so it looks like DeFi hype fade away. So now what will happen to most of the DeFi project? They will be valueless or there will be another version of DeFi hype?
Actually this comes to my Wall from Cointelegraph about this and yeah i am shocked knowing that in a range of more than 1 month Defi projects shows their true color and now fading away. Hope that those who had invested on those falling coins decided to comes out before this big fall happens. this is really insane fall from a much expected High currencies.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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November 03, 2020, 02:58:57 PM |
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Before I used to think the hype is gradually fading away, that is, there is still some hype left but after reading this, I am afraid because there seems to be no hype left again. To answer the question of what will happen to those Defi projects now, let's go down to memory lane to the era of ICOs, we saw how massive it got till it crashes, and thus exposing a lot of projects wherein a good number of them were built on hype and just few were built with good use case. Also those with good use case are still around while those built on hype are nowhere to be found; having this in mind we can relate it to the DeFi ecosystem, that is, the good ones will still stay and the scam ones will fade away. To make it more worst, once a new trend starts attention will be channelled to it thus leading to more death of some Defi projects.
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Reid
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November 03, 2020, 03:16:33 PM |
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That fast? Well then, ICO made a better hype in 2 years. What will happen next? Same with ICO. Scam projects, dust and just repeating everything to gain some money but without a real goal. Until it is forgotten. Then something new will pop out again. This is a good lesson. Stay with old school. Bitcoin, Ethereum, and other good projects out there that still need support.
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Sterbens
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Duelbits.com
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November 03, 2020, 04:04:42 PM |
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It will follow the same pattern others crypto are. Those that do not have a working product or a fully functional time will fade away with time. The project will be dead and token will be valueless. Others that have and continuously developed will continue to do so and will stand the test of time. It is no longer new that people are now back into investing in a project with a lot of prospects and not on mere hype
It seems that the Defi project is more accurately called an issue transfer project where every diversion is always booming with a fast time and will not last long. In fact, their mission is only to ensure that each investor can control their assets in a controlled manner.
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Ryushin
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November 03, 2020, 04:11:23 PM |
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It's just a shame that DeFi hype goes away pretty fast, ICO hype lasted longer than DeFi hype, what a waste, after few good DeFi projects we started seeing huge loads of scams/pump and dump DeFi projects, very soon another thing will replace DeFi, my advice is to be smart and always see every opportunity as short term only, make what you want to make and exit before it's too late
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hulla
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November 03, 2020, 08:36:09 PM |
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First of all, Defi was expected to fall sooner or later but the Paypal cryptocurrency integration announcement spicy it up because the investors believed Bitcoin to experience a surge in price which is what happened and with the switch in decision of investors I expect some Defi project to vaporize very soon while some utilized and good supported Defi project survive.
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bitkanu
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November 04, 2020, 02:34:11 AM |
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There will be another version of defi project. In my opinion if the next defi project will much more mature compared with the current defi projects that are available in the market. People were starting to realize the risk to keep their money in the platform. They have started to secure their money from there. People were seeing uniswap as the same with the dex right now. So many scam coins attacked uniswap too. People are looking for a new trend.
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bussybuddy
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PredX - AI-Powered Prediction Market
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November 04, 2020, 03:06:08 AM |
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I think this is just the beginning of DeFi, indeed DeFi products from the current market have a lot of successful names. But all that happened was just an exaggeration, agreeing that DeFi is good, but we are still at an evolutionary stage, user reach is still limited. I see in the coming time there will be a lot of big changes in the market, when there are a lot of news surrounding and the participation of many corporations or companies in this market.
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Bitlover10
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Love is all
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November 04, 2020, 03:08:11 AM |
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It was hype about defi and yfi defi project success makes more hype in the DeFi market but now all hype is gone and you can see condition of all defi coin which is big dump. Everything is going down and people makes a big loss in defi projects. So many scams coming in the name of defi and uniswap decentralized exchange also helping to make people scammed by the scam project. Anyone create a new token and listed on uniswap. And people got stucked after buy. Such a bad reputation for crypto market due to theses irresponsible exchanges who don't care about customer.
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lienfaye
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November 04, 2020, 05:56:19 AM |
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Just like the past trend (ICO and IEO) defi project will end up the same with them. The popularity slowly fade away and will be cover by another trend that will come in crypto world.
Those who ride on defi projects and manage to earn is lucky enough to avoid ending up in scam projects. Otherwise its a lesson learn for investors that is greedy to profit even without knowledge on this kind of investment. Sooner or later we can see another hype that can attract people to invest and ride again, and history will repeat itself.
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FairUser
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bit.ly/3QXp3oh | Ultimate Launchpad on TON
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November 04, 2020, 05:58:46 AM |
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That could be an end to an overbearing hype about DeFi, i don't mean to say that DeFi is making people lose investor sentiment. After the events that took place before such as: ICO, IEO, DeFi,... I find that after DeFi there will be a new trend appearing to attract people to join the market.
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maydna
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November 04, 2020, 06:00:18 AM |
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There will be another version of defi project. In my opinion if the next defi project will much more mature compared with the current defi projects that are available in the market. People were starting to realize the risk to keep their money in the platform. They have started to secure their money from there. People were seeing uniswap as the same with the dex right now. So many scam coins attacked uniswap too. People are looking for a new trend.
I agree with this because the DeFi project trend will be over, replacing it with the new trend. Every project in the crypto will evolve to better, but there will be much hype for every new project in the future. And that can make people see the chance for them to make money again. That will happens many times, and we will have time to see the new trend will come to us and give people the opportunity to make money. We need to know when to enter that new trend and leave the trend before the trend is ending.
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Rowenta
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November 04, 2020, 06:02:35 AM |
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DeFi could make a comeback after bitcoin reach a new ATH, probably 19k or more, we might see a new altcoin season that will trigger massive ride for altcoins including DeFi projects too, let's relax and hold very good DeFi projects only, ChainLink is a good example, I believe this project has more than it's currently showing
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Squezzi55
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November 04, 2020, 06:41:24 AM |
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Nothing will happen, only bad DeFi projects will die slow, all you have to do is make sure the DeFi project you invested on is not a ponzi or pump and dump, Chainlink should be affected that much if DeFi is bad but no, Chainlink has better use case than many DeFi projects, choose wise
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kentrolla
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November 04, 2020, 10:20:21 AM |
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At the end of August, the volume reached a record of $8 billion, the September maximum was $6 billion, last week the trading volume fell to $3 billion. On September 1 the trading volume on Uniswap was almost $1 billion, on October 22 $234 million. Trading volumes at DEX decreased by 41% so it looks like DeFi hype fade away. So now what will happen to most of the DeFi project? They will be valueless or there will be another version of DeFi hype?
Defi project was a huge disappointment for crypto and it's community such major drops are unacceptable and it's a pure sign of scam, people rushed to buy and many of the investors were unable to bear the loss I was literally saddened after this shit project foul played the crypto users. Guys don't even think of this shit projects.
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QueenVera
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November 04, 2020, 10:36:19 AM |
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So now what will happen to most of the DeFi project? They will be valueless or there will be another version of DeFi hype?
Nothing serious just that the buss is over and now people are beginning to stop investing in anything DeFi related. It'll take sometime before they get back the momentum they had few months back. Of course another hype will replace that if DeFi just as we did have with ICO, IEO etc sine other technology would be so hyped that nobody would even remember what DeFi were all about. That's how the altcoin market works which is why we're advices to trade carefully.
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aioc
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November 04, 2020, 10:37:05 AM |
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At the end of August, the volume reached a record of $8 billion, the September maximum was $6 billion, last week the trading volume fell to $3 billion. On September 1 the trading volume on Uniswap was almost $1 billion, on October 22 $234 million. Trading volumes at DEX decreased by 41% so it looks like DeFi hype fade away. So now what will happen to most of the DeFi project? They will be valueless or there will be another version of DeFi hype?
I should have sold my UNI token when it hit $8, but can you blame this little soul for wanting to extend his luck, from getting the 400 UNI token for free that's worth $12000 when I got it my wallet, people should moderate their greed that includes me, not all that glitters are gold and not all with DeFi on their features has a huge potential, people should look deeper on a project, remember investors can withdraw their liquidity support on tokens listed in DeFi exchange that will result in a huge drop in the market.
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Dariusburst
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November 04, 2020, 10:58:35 AM |
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At the end of August, the volume reached a record of $8 billion, the September maximum was $6 billion, last week the trading volume fell to $3 billion. On September 1 the trading volume on Uniswap was almost $1 billion, on October 22 $234 million. Trading volumes at DEX decreased by 41% so it looks like DeFi hype fade away. So now what will happen to most of the DeFi project? They will be valueless or there will be another version of DeFi hype?
I believe there was a massive sell off from different DeFi projects and few turn scam, sold off tokens and run away with investors money, this isn't Uniswap fault but since uniswap success is from DeFi projects it will surely affects the exchange
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sharos
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November 04, 2020, 11:15:58 AM |
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Some DeFi still profitable. Now, I am not understand crypto Markets fully. I know so much acam in DeFi. But, also too much profitable project available in DeFi. I can't ignore DeFi for this reason.
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