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Topic: Defi hypes is it a bubble or real indicator of market rebound - page 4. (Read 633 times)

full member
Activity: 649
Merit: 100
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.
member
Activity: 166
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
full member
Activity: 1204
Merit: 102
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.
hero member
Activity: 491
Merit: 1259
Nihil impunitum
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?

The new term has enriched our vocabulary, this time Defi-hype and it reflects very precisely what is happening now, that is nothing more than a hype. I wouldn't feel sorry for those who follow that  hype if it t don’t affect Bitcoin, but it does.  There is an argument that  the current rise observed in transaction fee is due to Defi-hype.
sr. member
Activity: 1442
Merit: 265
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?
Yeah, i am positive about DeFi and its success in the market and i see it a much bigger think especially when it comes to the future of banking and finance a lot of development is going on and a lot of products and services are being developed which just indicate the big things coming in near future.
full member
Activity: 515
Merit: 101
I cant say Im positive but its effect on the market can be good. Defi+eth 2.0 really make up with the stagnant nogement of btc but 2days btc catch up with the rising of eth, somehow. Maybe because of the reason that they will be legal on US, as newd said that bitcoin was considered as form of money. Anway, Im joining a defi signature camoaign hope this could be a good profit for me.
So am I! I'm trying not to be too positive about the DeFi projects, however, we can't conclude anything so far. I'm a bit skeptical about this hype, I don't know whether it will last long or will be disappear soon enough. However, the DeFi hype has been bringing a lot of good signs to the market since the market was in critical condition.
hero member
Activity: 1722
Merit: 895
Actually for gambling and gaming this does not lead to DeFi but rather to Dapps, DeFi and Dapps are two different things, my view on DeFi itself is still a bit confused because of the development DeFi tokens lately a lot has experienced climbs. but I doubt what this is can last until end of the year or just a moment.
hero member
Activity: 1372
Merit: 503
I cant say Im positive but its effect on the market can be good. Defi+eth 2.0 really make up with the stagnant nogement of btc but 2days btc catch up with the rising of eth, somehow. Maybe because of the reason that they will be legal on US, as newd said that bitcoin was considered as form of money. Anway, Im joining a defi signature camoaign hope this could be a good profit for me.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
I think that now this is just a new direction that is causing investors to FOMO. It is difficult to say it is good or bad, but now it is possible to earn money and earn really good money on this.
legendary
Activity: 2520
Merit: 1496
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.
jr. member
Activity: 189
Merit: 1
Base on the recent statistics on defi development I might say that DeFi growth is too fast, thats why for me its not represent the true organic growth of Defi projects but only a hype and similar to what happen in the most crypto projects in our time, if the word Bubble is the best word to apply then thats it.
member
Activity: 112
Merit: 17
When I read that YFI coin increase 100.000% within a week, I highly doubt its sustainability. An unprecedented gain, needs an unprecedented correction. DeFi is currently just as much a buzzword as Yield Farming. Both have abright future ahead, but such gains are just luring more get-rich-quick lucksters into the game. That ,said, to create a healthy market it urgently needs a rebound and then an organic growth, as far as this is possible when greed is involved
newbie
Activity: 32
Merit: 0
DeFi projects have alot to offer and legit solutions as well. Yes it might be a hype now but it's definitely proving to be the next big thing in crypto space.
jr. member
Activity: 81
Merit: 6
Defi are really pulling waves and are attracting a lot of attention, although they have proven to be a real deal with verified profits potentials. However i think its only a trend that will contribute to the growth and development of the blockchain and cryptocurrencies.
newbie
Activity: 30
Merit: 0
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?
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