🔺let's admit it, Bitcoin time is over, now DEFI Time 🔺

[AmoreJaz]

Cryptocurrency market won't be running like this promising if Bitcoin presence isn't that good, everything won't be progressive like this now. Don't you hope that it's over as you desire to, DEFI time might become popular in perfect timing, but it won't hamper the sustainability of bitcoin market.

sooner or later, people who go all in in Defi will realise that it was a mistake. i consider defi as just one of the hypes in crypto market. but with bitcoin, we know the foundation is strong and it won't disappear just like any other hype. i can compare defi hype in meme hype. most of the projects are short lived so if you are really into defi, better look for projects that at least have strong foundation. a lot of them have exited in this market already, and a lot more coming. so am not thinking that btc is over. high likely to happen is defi being over. as people realised that most of them are not respecting their promises.

[XCANA]

DeFi is the greatest scam of 2021, it is also not decentralized which has been one of the reasons many scams are possible.

https://www.cnbc.com/2021/11/19/over-10-billion-lost-to-defi-scams-and-thefts-in-2021.html

Overall losses caused by DeFi exploits have totaled $12 billion so far in 2021, according to a report from Elliptic.

Fraud and theft accounted for $10.5 billion of that sum — a sevenfold increase from last year.

DeFi, or decentralized finance, products aim to replicate traditional financial services using blockchain.

Bitcoin is still the leader of all. I am wondering how DeFi has caused disaster into some people's life in 2021 it is very risky just like ICOs are risky.

The hard lesson which I learned from ICO those days has made me not to invest in DeFi despite the fact that some of the projects were promoted by trusted members herein the forum same way it happened in the days of ICO. Had luck to those who lost their money via DeFi and we should some how careful with the current NFT though am not saying anything bad about it but one need to be careful.

[bitterguy28]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me? I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

total defi index also looks much better than bitcoin graphs

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.
only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

DEFI your face lol.

and obvious that you are shilling in that BS project lol.

If you are not trusting Bitcoin then make sure that all your life will rely on your DEFI thing , and make sure to not cry once this comes losing situation .

DeFi is the greatest scam of 2021, it is also not decentralized which has been one of the reasons many scams are possible.

https://www.cnbc.com/2021/11/19/over-10-billion-lost-to-defi-scams-and-thefts-in-2021.html

Overall losses caused by DeFi exploits have totaled $12 billion so far in 2021, according to a report from Elliptic.

Fraud and theft accounted for $10.5 billion of that sum — a sevenfold increase from last year.

DeFi, or decentralized finance, products aim to replicate traditional financial services using blockchain.

Bitcoin is still the leader of all. I am wondering how DeFi has caused disaster into some people's life in 2021 it is very risky just like ICOs are risky.

You got it correct , and this is the biggest scam that happens to crypto world for 13 years of existence .

[Chato1977]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me? I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

total defi index also looks much better than bitcoin graphs

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.
only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

Yeah says by a 3 year old Shill account , a account created just to shill for Shit projects since 2019?

https://bitcointalk.org/index.php?action=profile;u=2690227;sa=showPosts

DEFI days will end in the next couple of months and you cannot fool people here, we have seen how this scam runs in 2021 .

[kamilah147]

this topic is interesting and true, but I can't convince it in its entirety because for beginners who are new to the crypto world are afraid to hold bitcoins because "its value is very high" and can affect everyone's mindset and also with its offer new coins offered are cheap and offer all advantages , but basically have the same characteristics as bitcoin which is equally volatile and also if you think about it fundamentally even users will stay consistent with bitcoin.

[StarKay]

I dont see anyone around me invest in bitcoin anymore

Such a bold statement but if it is true you need to check your circle and make the required changes fast enough otherwise the next title of your topic will be how I lost my life savings to DeFi scams. It is not bad to try something new but to go all in with such boldness is dangerous especially on mostly hyped project whose developers are also driven by profit making and can be merciless.
The safest crypto to invest in remains bitcoin because of it's wide adoption and also historical data, the DeFi you are promoting today may not even be in existence 3 years from now.

[Coin_trader]

Yet DeFi is heavily affected on the recent dump happened on Bitcoin. If DeFi is really the new preferred investment of crypto investors then its value should not be dependent to Bitcoin since its investors should be focus only on DeFi and not on Bitcoin anymore. But the results don't lie and crypto investors still preferred Bitcoin on top of all altcoins out there.

[Shasha80]

I dont see anyone around me invest in bitcoin anymore

Such a bold statement but if it is true you need to check your circle and make the required changes fast enough otherwise the next title of your topic will be how I lost my life savings to DeFi scams. It is not bad to try something new but to go all in with such boldness is dangerous especially on mostly hyped project whose developers are also driven by profit making and can be merciless.
The safest crypto to invest in remains bitcoin because of it's wide adoption and also historical data, the DeFi you are promoting today may not even be in existence 3 years from now.

If there are people around us who no longer invest in Bitcoin and prefer investing in DeFi, it seems the person doesn't understand the crypto world
properly. Because for people who study crypto world properly, would not think to stop investing in Bitcoin. As you already said, we can see
the history of Bitcoin movement where the price continues to rise, even in 2021 it broke several records. So Bitcoin is not only profitable, Bitcoin is
also the safest asset compared to other projects. Moreover, investing in DeFi can make us suffer losses if we choose the wrong DeFi projects,
based on the data I got, the majority of DeFi circulating are scams. Therefore investing in DeFi is of course much more risky, if we don't understand
how to do proper research and analysis, we should avoid investing in DeFi and just focus on investing in Bitcoin.

[X-ray]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

Major players are investing in bitcoin. Those big companies and fund manager. You are not counting how much money getting lost in defi. 

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me?

Bitcoin already valued at a high price. A small investors will never able to earn good money from bitcoin caused by that. So bitcoin must move to the trillions marketcap to make a big move or generate decent profit for its investors while defi didn't have hundreds billions of marketcap or trillion marketcap. lol.

I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

Yeah dump is nothing but just hope your defi didn't get hacked. it can be the end for the defi users.

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.

Lol your logic was totally non sense. If you're counting those copy past coins from ico price and why didn't you just count how much percents already achieved by bitcoin started from 2010?

only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

Even if you didn't invest in bitcoin and bitcoin still exist. You're nothing compared with those whales. 

[rodskee]

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season?

Lol it is x3.5 not x3 

and you call this Defi season? all those defi shitcoin will die in a matter of months or year but Bitcoin will remain on top for the next generation so what is your stand on that?

but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.

but in the next following months? all those who listen to you will cry hard because of their stupidity following your advice.

only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

and I don't want you to become Richer either so I will be honest and will never listen to you.

[o48o]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me? I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

total defi index also looks much better than bitcoin graphs

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.
only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

You don't see your friends investing because they are investing to coins/topkens that have way more upside potential. Institutional investors however care more about liquidity then insanely dangerous volatility. Reason why you don't see your friends investing to top cap is because your friends are not financial institutions but a small fishes.

That being said, bitcoin pow is going to be under attack way more then it currently is.

[Chato1977]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me? I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

total defi index also looks much better than bitcoin graphs

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.
only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

Tell me this in the next couple of years if your DEFI is still breathing ok?

Bitcoin had been surviving for 13 years and here you are claiming that your scam projects are the one who is dominating the market now?

Wake up from your delusion mate.

[camat gampong]

Tell me this in the next couple of years if your DEFI is still breathing ok?

Bitcoin had been surviving for 13 years and here you are claiming that your scam projects are the one who is dominating the market now?

Wake up from your delusion mate.

Maybe he doesn't visit the market very often now mate so he wants to give such an assessment and is also not open minded so he can't distinguish good projects from bad ones in the market, so there's no need for people like that mate.

[Porfirii]

Ok, nobody knows what will happen tomorrow, do we agree?

Taking that as starting point, there is many people (many in this forum) who think that previous experiences will repeat, in a continuous circle with it's ups and downs; and then there is some other people who think that everything is possible and DeFi will become the new Bitcoin (not literally, but you understand the comparison).

And who knows!?

If you are excited with DeFi, then invest there, but don't liquidate all your BTC just in case. From the ICO experience of 2017 I can tell you that if I swapped all my coins to Bitcoin back then, now I would be rich. Fortunately, I didn't liquidate all of them. But it doesn't mean it will happen again, just be warned.

[Psynthax]

It seems like you're new in crypto and you need to learn more and take the right data from CMC. Bitcoin has the best performance and it goes from nothing to the trillion marketcap coin while defi was nothing compared with bitcoin. Are you defi shillers? it's better to put more knowledge about bitcoin. you are actually know nothing about that. You can't even make a correct comparion between bitcoin and defi. You can take bitcoin 2011's price to be compared with your defi coin that can be hacked anytime. Billions of money getting stolen through garbage defi tokens. 



You didn't even learn about the fact and keep doing FUD and people know this so well if what you are saying was totally wrong. You can do better next time and keep trying. 
how long you have been in the crypto?This may answer the question about why you didn't even know about the fact.

[bitgov]

I dont see anyone around me invest in bitcoin anymore, everyone are all in DEFI; staking, lending, farming, dex pools all of them are creating highly satisfying apy.

why should I invest in btc and hope price rise, while defi coins create satisfying revenue for me? I'm all in coins and I dont care about last dumps because after few months I will recover the losses, even if the price does not recover.

total defi index also looks much better than bitcoin graphs

I think last bull season was all about defi, not bitcoin , bitcoin made only 3x from 2017 ATH and you call it bull season? but defi coins like avax, solona made more than 100x, all people thought it was about bitcoin and now they are understand they are wrong.
only whales are in bitcoin who has bought 10 years ago, to be honest I dont want to make them richer so I will never invest in bitcoin, it also wasting of energy and creates chip crisis too.

Remember this for a long time: King is only one!
For a long time to come, the reality will be that Bitcoin will be king.
Despite the fact that many projects and even entire industries are developing very quickly, it is enough to look at the charts of the entire cryptocurrency market to see very clearly that the prices of all follow Bitcoin.

[Oceat]

Oh is defi still active this time? I thought most of them are gone and now on NFTs but anyway, it's your choice if you want to invest in DeFi or in NFT it doesn't matter as long as you can make profit from your investment. But for us Bitcoin enthusiast, we are still bullish despite of the dump due to the FUD since we know that this is how the market move ever since in the past.

All we have to do now is to hodl and no more panic selling since it's all just the same you will either enter the market again somehow so why would you panic sell now when you can hodl instead but it depends though if you really needed the money then you can sell it whatever you want.

[GreatArkansas]

Oh is defi still active this time? I thought most of them are gone and now on NFTs but anyway,
(....)

Yes, of course, DeFi for me is here to stay and DeFi is far different from NFT, they are both different even how the OP said in the title, "Bitcoin time is over", which is like comparing? Or just the trend?
For me, if you take a look at how the innovation on cryptocurrency is ongoing, you will be amazed how people keep building projects even it is on DeFi related or NFT related. So for me, it's no point to compare these projects that are not so related or they have different uses.

[sulendra12]

It's kinda insane to see that people thinking that Bitcoin is over or dead yet in the end they will convert every profit you would get to Bitcoin anyway. So it's ironic right.
I'm also more surprised someone mentioned about DeFi where everyone almost forget about it. Let's just not forget you should not summary what happened with Bitcoin only on short term, just look at long term.

[Oceat]

Oh is defi still active this time? I thought most of them are gone and now on NFTs but anyway,
(....)

Yes, of course, DeFi for me is here to stay and DeFi is far different from NFT, they are both different even how the OP said in the title, "Bitcoin time is over", which is like comparing? Or just the trend?
For me, if you take a look at how the innovation on cryptocurrency is ongoing, you will be amazed how people keep building projects even it is on DeFi related or NFT related. So for me, it's no point to compare these projects that are not so related or they have different uses.

Yeah, DeFi is different from NFT but most of the trend that I see/read these days are about NFT and I thought DeFi is already dead. Everything is possible in cryptocurrency though since most developers would make something that would look like an innovation project yet at the end of the day they were almost just the same.

It's kinda insane to see that people thinking that Bitcoin is over or dead yet in the end they will convert every profit you would get to Bitcoin anyway. So it's ironic right.
I'm also more surprised someone mentioned about DeFi where everyone almost forget about it. Let's just not forget you should not summary what happened with Bitcoin only on short term, just look at long term.

Well, most people would think like that especially if you aren't have any memory from the past just like newbies who just suddenly join in crypto project such as bounties, DeFi, NFT or ico.