Defi hypes is it a bubble or real indicator of market rebound

milani

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Quote from: CryptoYar365 on July 27, 2020, 02:47:21 AM

What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.

Are you positive abut defi pulling up the market crisis for cryptocurrency?

Personally I have a positive look on DeFi projects in case it is really serious DeFi project - it is an ecosystem, that have serious partners with good reputation, limited amount of participants and whitelist of participants, the pool of liquidity, so it is a good project that is promising, and has a perspective future. Of course DeFi and ICOs have alike sides, but they differ in some way. But in case some project has only the name DeFi and nothing else connected with DeFi, so of course it differs not very much from lots of ICO projects that we all saw in 2017 or 2018 years.

Drahzar

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Quote from: taunitsed on January 18, 2021, 09:20:16 PM

Quote from: Drahzar on January 18, 2021, 04:14:22 PM

i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token. i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market

also believe defi is a new concept, it will change the market. i invest in defi even in long term strategy, and especially interested in credible dex-es

besides, i'm watching just now an interesting stablecoin dex - xsigma. looks credible, backed by a public company and they have nice rewards for LPs

taunitsed

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Quote from: Drahzar on January 18, 2021, 04:14:22 PM

i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token. i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market

also believe defi is a new concept, it will change the market. i invest in defi even in long term strategy, and especially interested in credible dex-es

zasad@

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It is difficult to communicate when 2 topics are discussing the same issue. I wrote my opinion here:
https://bitcointalksearch.org/topic/m.56129699
There are no noticeable bubbles in the DEFI market now.
All commissions are distributed among well-known and proven projects

Drahzar

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i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token. i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market

Sanugarid

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Quote from: lumeire on August 21, 2020, 01:12:29 PM

Quote from: 50 Cent on August 21, 2020, 01:05:10 PM

Defi is craaazyy,
my friend bought some token defi (yfi) and boom increase 5000% on one day.
i afraid if this fomo only, not a strongest comunity. look defi token holder, under 1000 address.

Even for bitcoin in the start only a few addresses were holding most of the bitcoins, it takes some time for a trend to grow, but with DeFi it isn't the same as already a lot of peopl are talking about it on forums, in youtube videos, on social networking sites, this is creating a lot of hype around the token and most of the investors are in DeFi for the short term according to me, no one would be holding these tokens for long term unless they brought these for a whole lot cheap price than the entire community.

And that's I am afraid for DeFi, it did not take some time to get this huge, and so Imma call it a bubbly over hype by the investors. As you said bitcoin was just only a single digit number supporter at first but then it took its time to grow now you see it rolling wild in the market unlike this DeFi projects. You go buy at low price as they set it in, introduce to the market doubled by your buying price, now you see dumping phase after the listing period. Believe me this is not going to end well for most of the investors, they are just going to take the CEO of the projects in billionaire list.

Quote from: lumeire on August 21, 2020, 01:12:29 PM

I guess the craze of new DeFi tokens will be over and in one year only legit projects will remain in the market.

You know how crazy do people are having with this project? YFI with less than a year in the market goes a $15k high without a whitepaper. Huh

whofeelsitknowsit

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DeFi is real and it is going to lead the next bull market. That said a lot of DeFi tokens will not survive and those that are currently experiencing crazy upswings are benefiting from first mover advantage. As I've posted elsewhere, I like REN to emerge as the market leader for many reasons - and I think it could experience a LINK-like run.

usekevin

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Quote from: Maestro75 on August 21, 2020, 01:43:58 PM

Quote from: CryptoYar365 on July 27, 2020, 02:47:21 AM

The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.

Are you positive abut defi pulling up the market crisis for cryptocurrency?

Any project that handles 'lending, gambling, gaming and financial' will do well in my opinion and to that I think the Defi hype is not a mere bubble. It may not be all rosy for every Defi project but they will not end as shitcoins. The type of profit these defis give can only be compared to the 2017 bounty era with ICOs. I hope this stays now and make us happy.

In Altcoin, it's all about how their token will sold out before end date of token sale. After this pump, many traders had crazily brought dfinance token. I think, 50% of the token may sold out after this pump. So the price they had increased will not affected their pocket.The luckiest is who had hold their dfinance which brought at cheapest price.

Maestro75

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Quote from: CryptoYar365 on July 27, 2020, 02:47:21 AM

The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.

Are you positive abut defi pulling up the market crisis for cryptocurrency?

Any project that handles 'lending, gambling, gaming and financial' will do well in my opinion and to that I think the Defi hype is not a mere bubble. It may not be all rosy for every Defi project but they will not end as shitcoins. The type of profit these defis give can only be compared to the 2017 bounty era with ICOs. I hope this stays now and make us happy.

JungleOnion

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Quote from: serjent05 on July 27, 2020, 02:50:09 PM

Quote from: TopTort777 on July 27, 2020, 03:46:34 AM

Imho, DeFi is a hype. Like 2018 was a boom for ico, 2019 was full of ieo, and in 2020 everyone tries to add DeFi in their projects. Come back to this post in 2021 and re-read what was written here.
DeFi is not something really new. It could have appeared in early years, but cryptocommunity was kinda busy. But now, during World economy drop, DeFi is just in time

Mark my words, nothing but a hype.

Same thought here. As far as I know, Defi had been around the cryptocurrency industry for some time now. I believe it is a DAO concept rebranded as DEFI. (Please correct me if I'm wrong.) And this hype will eventually subside just like any other trending stuff that happens in the industry.

Yeah exactly, lots of projects have already proposed DeFi solutions and the concept seems to still be hard to implement. That's why I don't understand the recent hype as new projects aren't really proposing anything new rather just high returns.

DeFi in essence is the decentralization of banking services (credit lines, loans, etc) and DAO's are a solution to achieve this.

iamaruf

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Quote from: ?? on ??

DEFI is a new ICOs for now. Soon around it will end and then defi will be dead

No mate I think DeFi will remain but the truth is the Shit project and those project which doesn't have a good business plan they will fail. But trader making more hype in DeFi project. They are investing money only for profit. They are not looking for which project is real and which is bad. If you want to sustain in trading invest wisely not blindly.

plr

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Quote from: CryptoYar365 on July 27, 2020, 02:47:21 AM

What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.

Are you positive abut defi pulling up the market crisis for cryptocurrency?

You better check some of its feature and what it can contribute to know that DeFi is not just a hype but a mover in the community so many people are now investing they are not investing for the sake of investing but they invest because this is a long term projects and industry and the whole community will benefit from this.

lumeire

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Quote from: 50 Cent on August 21, 2020, 01:05:10 PM

Defi is craaazyy,
my friend bought some token defi (yfi) and boom increase 5000% on one day.
i afraid if this fomo only, not a strongest comunity. look defi token holder, under 1000 address.

Even for bitcoin in the start only a few addresses were holding most of the bitcoins, it takes some time for a trend to grow, but with DeFi it isn't the same as already a lot of peopl are talking about it on forums, in youtube videos, on social networking sites, this is creating a lot of hype around the token and most of the investors are in DeFi for the short term according to me, no one would be holding these tokens for long term unless they brought these for a whole lot cheap price than the entire community. I guess the craze of new DeFi tokens will be over and in one year only legit projects will remain in the market.

50 Cent

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Defi is craaazyy,
my friend bought some token defi (yfi) and boom increase 5000% on one day.
i afraid if this fomo only, not a strongest comunity. look defi token holder, under 1000 address.

whyrqa

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Quote from: Argoo on August 21, 2020, 10:23:40 AM

Quote from: ?? on ??

DEFI is a new ICOs for now. Soon around it will end and then defi will be dead

Useless and useless projects and the cryptocurrency they created are dying. DeFi projects provide people with real and in-demand services, many of which were previously considered banking services. This already deserves respect for such projects. If these services turn out to be of high quality, then DeFi projects will only grow stronger and develop over time.
I do not see any reason for their departure from the cryptocurrency market yet.

Today, DeFi projects are very much in demand by investors and therefore show very good results in the market. The prospects for each project can only be judged separately, but nevertheless, today DeFi projects are very popular, and it is impossible to predict what will happen in the future.

Argoo

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Quote from: ?? on ??

DEFI is a new ICOs for now. Soon around it will end and then defi will be dead

Useless and useless projects and the cryptocurrency they created are dying. DeFi projects provide people with real and in-demand services, many of which were previously considered banking services. This already deserves respect for such projects. If these services turn out to be of high quality, then DeFi projects will only grow stronger and develop over time.
I do not see any reason for their departure from the cryptocurrency market yet.

taguig

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I checked some of the Defi projects and they all looked good I'm still in the process of studying its structure, the DeFi projects are solving some of the needs of decentralization, and finances in the Cryptocurrency two or three years from now these DeFi's will be huge so this is the best time to invest.

slaman29

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Quote from: Shaheer Arshad on July 31, 2020, 11:31:21 AM

Defi is just a hype like IEOs trend. To see if market's rebounding, take a look at market movements. Altcoins increased a lot in the last few weeks. Bitcoin, on the other hand doesn't change much. Some Defi related altcoins also pumped hard but again, I doubt that Defi trend will explode someday. Everything will be back to normal.

Agreed. Except IEOs only affected the tokens of the company and only for a short period. Defi is going to be bigger and bigger (I read now it's only 1.5% collaterized so there is still way, way more to go at the moment to go. ETH is flying for this and holders can't be any happier I guess.

Dollar_Hunter

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Quote from: CashbackLover on August 02, 2020, 06:22:35 AM

DeFi projects will perform better than what ICO did in 2017 because DeFi success is because of its utility, only those who know what it is and how useful DeFi is will understand my point, this is why I think that altcoins are going for a long ride soon

if you ask what Defi uses?, of course Defi is very useful, because we can loan stable coins from there, and staking,
this makes the Defi project Hype now, but maybe for next year it is not too hype again

r32godzilla

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Everything new in cryptocurrencies is a bubble, people are excited about new cool "unfalling" stuffs. But after first doubt ckme, they start thinking about their decisions and start selling. Roll Eyes

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