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Author Topic: Is DeFi Dead?  (Read 1016 times)
sulendra12
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December 26, 2020, 09:15:16 PM
 #61

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
And once the hype is over and no one cares about defi anymore, than that's the time for defi to "dead" same as ICO! It's just a same pattern and same scene on both scenarios, you should not be surprised about that.

This DeFi project was included with almost every bounty campaign.
Most of them are just the fake ones. It's so easy to make a "DeFi" project with fake roadmap/teams etc. And until this day the amount of legitimate DeFi projects are decreasing rapidly due to these reasons.

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December 26, 2020, 11:08:33 PM
 #62

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before

After DeFi then we would might see another kind of trend which comes next to it. ICO-IEO-DeFi- Huh
These kind of trend wouldn't really be ending yet there would be always something new that would come out.

DeFi isn't dead and so as with those ICO projects that still continuing to launch almost everyday but as expected where most of these things
were just completely trash and useless.

This is why we should really be careful into our investment decisions.

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December 27, 2020, 09:17:35 AM
 #63

After DeFi then we would might see another kind of trend which comes next to it. ICO-IEO-DeFi- Huh
These kind of trend wouldn't really be ending yet there would be always something new that would come out.

DeFi isn't dead and so as with those ICO projects that still continuing to launch almost everyday but as expected where most of these things
were just completely trash and useless.

This is why we should really be careful into our investment decisions.

You are very right. Unfortunately, both ICO and DeFi were good ideas and new models. But for ICOs it took almost a year or so to abuse this model. Then same happened with IEOs within months. And now with DeFis in less than 3 months already nobody with IQ of at least an average person, nobody takes them seriously. I am also pretty sure there will be new models and DeFi will be the same thing as ICO is now (or it is already is?). But the majority of smart and intelligent people won't buy into that anymore. If you wanna do public fundraising - go through traditional routes such as crowdfunding, crowdinvesting, etc. via regulated platforms that have established social proof over time. And anyone doing those things ICO->IEO->DeFi->new kind of scam, will be perceived as someone trying to do another HYIP but in crypto "souse"... Yet, there are billions of people who still don't know Bitcoin and DeFi especially, and with the hype around BTC, there will be new comers for sure who will be falling in those traps.

That's why we decided never to create any kind of own token, do any ico, defi or something Smiley

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December 27, 2020, 12:20:02 PM
 #64

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
The attention now is on bitcoin, it's again making a new ATH while it left the altcoins market to be less progressive. But don't worry, this is just temporary IMO, when there's a FOMO, bitcoin will rise to the moon but it will eventually correct in time, so altcoins for now just give an opportunity when they are down, for De-Fi, I'm not touching them.

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December 27, 2020, 12:35:56 PM
 #65

DeFi is still going to be the trend next year but before you invest or venture in these DeFi projects be sure you know how DeFi works don't just go for the hype or part of the domino that will go where the shills points you to go, do your own research it's your money you should be in control on where to invest.
DEFI will still trend next year? have you Been checking the Defi tokens in market now? yeah this maybe a trend Next year with the Title ""DEFI SCAM" .. Lol I'm not saying that this is a scam but the way this comes and subside after a while?
makes me think of another hype and will be a Big issue in the future.

Why invest in Defi when there are already Ethereum and other Regular coins that is proven and stablished already.

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January 01, 2021, 12:15:40 PM
 #66

no, defi isn't dead
because The DeFi crypto market cap is $17.78B, and over the last day the marketcap is increasing about 7.34% thats mean defi is not dead
check the detail here https://coinmarketcap.com/defi
Yes, mate, defi is not dead, it is still there, as it is said, the market cap is still pretty good, but you really have to avoid the occurrence of many defi scam projects, because this potential is still visible and real, if it can't be suppressed then everything will happen. so it still has to be consistent so that there are not many people who are antipathy to the defi project in the future.

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January 02, 2021, 04:34:14 AM
 #67

The adjustment could be get enduring answer for certain difficulties in  Decentralized Finance,more individuals are starting to investigate Defi yet in a cautious manner. Improved DEX are coming out with goal of low exchange charge, better DEX interface, Simpler exchange measure, better advancing and interest, better Farming and security. In the event that this level is discovered, certainty of merchants and financial specialists will bring a dependable Defi people group.

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January 02, 2021, 04:45:00 AM
 #68

It seems that DIFI has not died yet, but has returned to normalization. Just like IEO and ICO, when the heat ends, it will return to normal. I don't know who the hot spot will be in the next round. How about NFT, this is just my guess.
Not Yet ,But soon to be?  Grin After the Hype few months ago Now looks like most of Defi project that Pumps that day are slowly missing in action .
No wonder after this year ,Big Issue will come and the Network will collapse .

The adjustment could be get enduring answer for certain difficulties in  Decentralized Finance,more individuals are starting to investigate Defi yet in a cautious manner. Improved DEX are coming out with goal of low exchange charge, better DEX interface, Simpler exchange measure, better advancing and interest, better Farming and security. In the event that this level is discovered, certainty of merchants and financial specialists will bring a dependable Defi people group.
Because there is no Good security in regards to the Network ,and Investors will realize that in future .

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January 12, 2021, 12:09:55 PM
 #69

Did you know that SEC sued Ripple? Click on the link to read a time-saving brief of crypto specialists’ points of view. You can also contact them to take matters further!
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January 12, 2021, 12:33:31 PM
Last edit: January 12, 2021, 12:43:38 PM by imstillthebest
 #70

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
The attention now is on bitcoin, it's again making a new ATH while it left the altcoins market to be less progressive. But don't worry, this is just temporary IMO, when there's a FOMO, bitcoin will rise to the moon but it will eventually correct in time, so altcoins for now just give an opportunity when they are down, for De-Fi, I'm not touching them.

this could be the reason why defi goes into silent mode because all eyes are in btc but btc didnt left the market .
 when btc left the market will die down but btc will also become valueless .
 altcoins are down but altcoins are already been in this state before btc fomo begins but this is a good extension for the investors that didnt have a cash on the past , now is their time to shine .
aside from altcoins , defi are also down but lets try to be verry picky because defi is more dangerous than the  altcoin
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January 12, 2021, 01:13:48 PM
 #71

It seems that DIFI has not died yet, but has returned to normalization. Just like IEO and ICO, when the heat ends, it will return to normal. I don't know who the hot spot will be in the next round. How about NFT, this is just my guess.
It is true, even though it is plagued by many problems but for those that have been running it can still succeed even though many doubt it, it seems that all new forms of any system in crypto from ICO, IEO, Defi always experience things where there are troublemakers who use the opportunity to seek instant profit, so that it impacts everywhere. ICO alone is considered a success and can survive well even though it is also affected but it lasts quite a long time. miss the heyday of ICOs to repeat itself, where bounties can be very passionate.

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January 12, 2021, 01:16:43 PM
 #72

Did you know that SEC sued Ripple? Click on the link to read a time-saving brief of crypto specialists’ points of view. You can also contact them to take matters further!
https://experty.io/sec-sued-ripple-best-comments
The news is too old, but i see many DeFi projects that are really dead because they cannot maintain their prices in the market. However this is acceptable because those projects are of poor quality, 2021 DeFi will be much different because projects have had time to prepare but i still hope there will be many projects that do not.
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January 12, 2021, 04:02:16 PM
 #73

almost $200 this index tracking Defi https://www.coingecko.com/en/coins/defipulse-index
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January 15, 2021, 06:37:42 PM
 #74

IMO the biggest thing holding back DeFi are these ETH transaction fees O_o

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January 15, 2021, 07:02:12 PM
 #75

IMO the biggest thing holding back DeFi are these ETH transaction fees O_o
ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much.
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January 15, 2021, 09:48:42 PM
 #76

IMO the biggest thing holding back DeFi are these ETH transaction fees O_o
ETH transaction fees are part of the reason. Most importantly projects are being overblown and scams are too much.

thats why people must know how to choose the right defi project, if they don't to lose their money
for the OP, i believe defi still alive

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January 15, 2021, 10:41:00 PM
 #77

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi

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January 15, 2021, 11:53:53 PM
 #78

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
Exactly, DeFi is still doing great right now and some of them already reach its new all time high so I think they are really here to stay for good. Not of DeFi is good so you have to choose very well, but I’m telling you my holdings are doing great right now and I’m happy for that. The market trend will continue to go up, and good DeFi will join the trend.
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January 16, 2021, 06:53:00 AM
 #79

defi is not dead it's just that now the demand is a little less, it's the same as the ICO hype that will slowly lose its popularity. It's just about hype and fomo and after that everyone will be back on track as before
because the scam definition factor can affect the reduction of enthusiasts in the defi. so I think right now there must be innovation from deFI if it is to be in a good position and attract a lot of popularity. because now the development of crypto is increasingly broad with the most recent concepts

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January 17, 2021, 03:21:01 AM
 #80

Very far from that I think DEFI standing strong is basically what's making the crypto space stand tall So many things I won't say all are moving and acting well base on defi
Not so strong as it was before. Did you read how much money that has been stolen by the scammers through defi rugpul and that's a lot of money. People are only investing in defi when they know that's legit defi and it can be trusted.
i have been actively discussing this on the defi search tele group and people became even more selective when it comes investing in the defi project.
Defi is a part of a hyped trend by the crypto users. It can be another forgotten one.

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..PLAY NOW..
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