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Topic: Defi hypes is it a bubble or real indicator of market rebound - page 3. (Read 633 times)

sr. member
Activity: 2002
Merit: 250
There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
all new projects now seem to lead to Defi, I don't know who is the right project now, and how it goes ahead, Dfinance indeed if I see it is quite satisfying and has potential, but many Defi projects are just now, if their team is not right in promotion, you must be ready for it
legendary
Activity: 2520
Merit: 1496
I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today

Name me a successful DeFi project. Or what you call a successful project. I predict you will name something, that has listed and now shows a growth. But now or today everything grows, even cow milking blockchain projects are in growth trend. And listing - it this just money. Everything has a price. Even a scam can be listed in reputed exchange, if they pay.
member
Activity: 672
Merit: 10
There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
if their moments are right plus good planning I think getting investor support is not a difficult problem. now seeing what is happening in the market is a good moment for all new projects to market with all that is interesting. it will be an attraction for investors.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
There are many bounty campaigns in the market but lucky to find one Defi project I just knew that this is the next big thing in the market and many developers are going to build projects around Defi, I hope Dfinance will become huge just like all the big Defi projects
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today
It is really very important to see what kind of work has been done by the project team over time. they worked for a long time and now users have started to show interest in Defi projects and we see a rise in prices
full member
Activity: 431
Merit: 100

But it happens, and there is no other terms suited to the sudden increase in price than bubbles ( i just hope it doesn't pop that hard though).  The discussion is not about failed ICO or scammers, this thread is about DEFI of ETH creating a buzz in the crypto industry.
we cannot avoid developing crypto. At present the market considers DeFi to be an innovative solution and the market makes it a very big deal when ETH gets an increase as well as an increasingly strong bitcoin.
member
Activity: 210
Merit: 12
I don't believe that DeFi is a bubble because most successful DeFi projects are not new projects, they are old projects that's been alive since 2018 unlike ICO that became popular in that same year, real utility is what gets DeFi to where it is today
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
Bubble have no place in crypto space, we should stop using the word, ICO failure isn't a burst bubble but some are spreading this online, ICO failed because scammers are taking advantage on investors through ICO projects, ICO never was a bubble, right now investors noticed how useful DeFi projects are that's why money are going into DeFi projects

But it happens, and there is no other terms suited to the sudden increase in price than bubbles ( i just hope it doesn't pop that hard though).  The discussion is not about failed ICO or scammers, this thread is about DEFI of ETH creating a buzz in the crypto industry.
member
Activity: 238
Merit: 17
Sovryn - Brings DeFi to Bitcoin
DeFi hype isn't a bubble, it's something that's necessary to occur, what makes DeFi this big is the utility that just got noticed by whales and third party companies, DeFi is the solution to better crypto mass adoption and market recovery
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
Bubble have no place in crypto space, we should stop using the word, ICO failure isn't a burst bubble but some are spreading this online, ICO failed because scammers are taking advantage on investors through ICO projects, ICO never was a bubble, right now investors noticed how useful DeFi projects are that's why money are going into DeFi projects
full member
Activity: 527
Merit: 113
Are you positive abut defi pulling up the market crisis for cryptocurrency?
Even without defi cryptomarket was able to survive the crisis. Imagine the hike it did even with the market crisis happening. I know the trend should be thr opposite since we are experiencing a pandemic event arounf the world. But that changes when defi suddenly rise up. Many defi projects boom and other investor saw this opportunity as investment. I think it will lead to a more healthy market soon.
copper member
Activity: 406
Merit: 1
Defi makes strong positive impact to crypto market. We can't refuse that it's the reason of bull wave that's happening now. The advantages of Defi can be used in real finance applications.
full member
Activity: 504
Merit: 100
Option Blitz
If you think more about DeFi, it is surely providing a great solution to Financial business.
I hope this is not just a bubble in cryptocurrency, but wait, bitcoin has been called 'bubble' many times, and bitcoin still exist.
The market is going green slowly at the moment, which is usually a good sign before something great happening.
DeFi projects show a lot of advantages not only for developers but also for investors. I hope that it will last long enough to help to develop the cryptocurrency world. Mentioned about "bubble" BTC, people are afraid of what they don't understand especially what's new. Therefore, it's easy to understand why people are skeptical about this new hype!
sr. member
Activity: 1638
Merit: 251
If you think more about DeFi, it is surely providing a great solution to Financial business.
I hope this is not just a bubble in cryptocurrency, but wait, bitcoin has been called 'bubble' many times, and bitcoin still exist.
The market is going green slowly at the moment, which is usually a good sign before something great happening.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
DEFI is a bubble and hype but it is going leave up to the hype IMO, there are many of them that are  going nowhere but the market have seen the huge potentials in them and are going make sure the exploit them, there are free money flowing in everywhere and people are looking to get decent returns for them, there is nowhere in the world where you can get the kind of return we get in crypto
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
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 Smiley 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.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Defi is not as big as people here think it is but for some reason people are forgetting about that. First of all this was a 10% increase so anything could have done this, it could have been Defi and I won't deny that, who knows, but it could have been any other reason as well. However, what really bothers me is the fact that people think so much of Defi and they are saying Defi will somehow take the world by storm and going to change so much. What is defi?

Defi is decentralized finance and that is basically bitcoin itself, so do not say like there is something big difference and like Defi is this brand new thing that will make it big, no defi is basically just blockchain and bitcoin technology going to other sides of the world and that's it, it is not going to be life changing all of a sudden.
newbie
Activity: 27
Merit: 0
DeFi has become a trend because people are starting to realize that Defi can become a global alternative for every financial service used today.
For example savings, loans, trade, insurance and others. all available on blokchain and managed automatically using smart contract, anyone in the world using only a smartphone and an internet connection can access it.
Moreover, investors have noticed that in long term they're pretty good and Defi is around crypto market for a pretty long time now.
So it has potential and resources to become the next great thing in payment/banking/loans/global transactions and etc etc
member
Activity: 669
Merit: 10
Can't consider DeFi projects as a bubble, it has what it takes and very useful too, only those who don't understand what DeFi is will call it a bubble, I'm just glad that decentralized is getting more demanding and recognized, maybe in future centralized projects will be pushed back, presently centralized projects are still taking leads
the Defi project is not a bubble, the bubble is about the price, we know the price of the current Defi coin can reach 10x, and eventually it will be dumped if you are not careful, that is what the bubble is called
sr. member
Activity: 1183
Merit: 251
Defi make new energy for the crypto market, this project could be one of the current solutions. lita how they attract investors. the market is in good condition because of Defi. but if this continues it might look like a new bubble on the crypto market.
DEFI will much more oriented into the real product and it will not generate a lot of bubble like what happened with crypto market in the past. The adoption of DEFI can be used as a good indicator to determine the market trend and we can take whether the market has been starting doing rebound or not.
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