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

milani

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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, 08:20:16 PM

Quote from: Drahzar on January 18, 2021, 03:14:22 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, 03:14:22 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, 12:12:29 PM

Quote from: 50 Cent on August 21, 2020, 12:05:10 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, 12:12:29 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, 12:43:58 PM

Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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, 01:47:21 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, 01:50:09 PM

Quote from: TopTort777 on July 27, 2020, 02:46:34 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, 01:47:21 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, 12:05:10 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, 09:23:40 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, 10:31:21 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, 05:22:35 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

Stanlo

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I have a good feeling about DeFi projects that's why I quickly buy some coins, mostly Synthetix and Oikos DeFi tokens, I'm still waiting for new project like DIA which more like a chainlink DeFi project, it's well hyped and popular too, I believe it will give good ROI

CashbackLover

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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

smyslov

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

No it's not a bubble because it's addressing something that decentralization is needed DeFi will have a spot in the eco system from now on, let us allow these Defi or Decentralized Finance to develop and progress and it will benefit all of us, support by investing and using some of it's features.

andycarrol

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Quote from: Jamalmg on August 02, 2020, 03:25:32 AM

Well, Defi is not only hype, it’s also future programme, development projects, investors trusting DeFi project, but at this time scammer create fake DeFi project and get profit on it so every investors need to identify real project, looking for top DeFi project for profits.

let's see how far the DeFi program can survive because this is a new project so I cannot conclude much in the future as to what is clear a technology will certainly develop and hopefully the DeFi Program can develop and be widely used into the future.

Jamalmg

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Well, Defi is not only hype, it’s also future programme, development projects, investors trusting DeFi project, but at this time scammer create fake DeFi project and get profit on it so every investors need to identify real project, looking for top DeFi project for profits.

Aqib Sarwar

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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.

Bananington

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Quote from: BestEarningTips on July 27, 2020, 02:05:30 AM

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.

Good you know it's only a trend that will move the crypto market for a while, a new trend will still come. Remember the era of exchange coins, lending coins, deflationary tokens and so on. Even though DEFI projects bring a lot of innovation to crypto space, one shouldn't invest in a project just because it's in DEFI category without looking deep into it.

Diamond_Darrell

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But most of these projects accept bitcoin and other valuable cryptocurrencies to pay for their services. I think DeFi is the next step in the crypto industry

electronicash

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the fact that it made the prices bubble i guess it indicates that the market is really up for new bullrun. prices of tokens bubble up to 20% a day is not making users get more coins for their stashes.

i planned to buy some defi tokens and other tokens that are over looked by investors but it get to rise so high that i can only afford few.

Ifemini

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

I feel the hypes are not new, and it is a normal experience in the crypto currency space. The hypes have happened before with icos, ieos and crowdfund as a whole; likewise we have seen such hypes with projects creating mobile apps et al. What is important is that investors key into the hype and make the most of it which is good profits. Always do your own research.

ecnalubma

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No doubt that Defi is driving a new hype in crypto space this time. But it does not mean that if project is labelled Defi we should jump-in right away, they are probably just like IEO’s and ICO’ that we should DYOR and invest with caution.

wmaurik

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Quote from: Shaheer Arshad on July 31, 2020, 10:31:21 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.

actually not because DeFi is more than just a trend and cannot be compared to IEO trend because in a few months or until next year DeFi will have the opportunity to dominate crypto market in a large scale and most DeFi projects do not originate from IEO.

semobo

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

There is a lot of hype created about the DeFi projects which itself can be an issue for those projects later because we called crypto investors will cashout those tokens at some point which will make it worthless as a chain reaction of every investors reactions.Maybe its kind of revolutionary but do we really need them in the decentralized space is a big question and how they are going to be implemented in real life.

Shaheer Arshad

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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.

Docbee

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

Well, DeFi projects are really gaining lots of attention now in the market. One of the reasons is that, investors believe that, they can make a big profit quickly in investing in finance projects. But the rate at which we see drastic drop in the price of these projects have shown to us that, the hype is actually much more than their real values.

darewaller

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Quote from: CryptoDost on July 27, 2020, 02:13:59 AM

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.

In the last few months, we have observed a significant growth in Defi projects. It may or may not be due to the hype created.
If bitcoin could grow from 0.008 dollars to almost 20000 dollars, I would say that the whole scenario might not just be based upon hype. Some investors invest because they see real potential and not because of the market trend or hype.

Bitcoin and Ethereum are on the rise, but projects like compound (COMP) still haven’t gotten that boost. It might be a great time to get in when the coin is almost at its 30-day low. I hope to see that organic growth you are talking about in COMP as it wasn’t a part of the price manipulation due to the hype.

pokeronlinestatus

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

Decentralized Finance which are now referred to as Defi is focused on the fact that the traditional financial instruments can be recreated in complete decentralized architecture. Sure, there is a lot of hype around it, but it is capable of bringing in the institutional money into the crypto market. Therefore, I would say that the hype is justified and the upward trend of the market is what one should expect.

Although, I can see that Compound (COMP) received a boost in the start, but later faced correction and now stands at around $130 which is pretty less considering the fact that it was at 350$ a month ago. There is no better time to invest in it than now.

bittraffic

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Defi is here so embrace it because it would appear like there is nothing we can do anymore as its the trend. Don't worry it will pass one day. We embraced ICO and after sometimes IEO came and we also welcome it despite us submitting KYC for all the teams and exchanges asking for it. If Defi is hyping and works to kickstart this bull rally them this is something that is good to support.

princerepon

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

2018 was full of ico projects, 2019 was full of ieo projects, which is still alive and in 2020 defi rise slowly. I wont surprise if defi will run the show next year cause people are showing interest on defi. We already saw many projects came and still coming. I don't know it's hype or not but if it's a solution/alternative of ieo then we should at least try. Cause ieo lost much reputation and following ico's path. It's just a matter of time that ieo will be gone like ico.

Zeehaxan

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In my opinion, the initial big hype surrounding around defis is over and we may see good correction from here onwards.
I still think that decentralized finance is a revolutionary breakthrough and its scope in future will be epic but it still needs a lot of infrastructure, compliance and adoption to truly dominate the financial sector.

kapalmabur

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Quote from: coin-investor on July 28, 2020, 02:15:30 AM

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

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Quote from: Wingsbtc on July 28, 2020, 01:53:02 AM

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.

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Quote from: coin-investor on July 28, 2020, 02:15:30 AM

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.

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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

Thomas-s

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Quote from: Wingsbtc on July 28, 2020, 01:53:02 AM

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

Taufik blackspade team

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Quote from: serjent05 on July 28, 2020, 01:40:48 AM

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.

Wingsbtc

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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

serjent05

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Quote from: Claudio99 on July 28, 2020, 12:53:52 AM

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.

Apostlekin$$$

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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

Claudio99

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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

joshua123

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 AM

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.

Python Master

copper member

Activity: 406

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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.

Aaroenz0r

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Option Blitz

Quote from: SistaFista on July 27, 2020, 10:15:41 PM

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!

SistaFista

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Hexhash.xyz

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.

jacafbiz

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Activity: 2128

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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

serjent05

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Get $2100 deposit bonuses & 60 FS

Quote from: TopTort777 on July 27, 2020, 02:46:34 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.

bitgolden

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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.

saifoufa

newbie

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Quote from: Police Indo on July 27, 2020, 07:48:25 AM

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

Untomabur

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Quote from: Towerbreeze on July 27, 2020, 06:10:22 AM

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

Iyeman

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Quote from: aprilnot on July 27, 2020, 04:56:45 AM

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.

Police Indo

full member

Activity: 649

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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.

Towerbreeze

member

Activity: 166

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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

aprilnot

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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.

xenon131

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Nihil impunitum

Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

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.

bigcash2011

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Quote from: CryptoYar365 on July 27, 2020, 01:47:21 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?

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.

Blue_oxen

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Quote from: Kotone on July 27, 2020, 04:03:34 AM

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.

lizarder

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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.

Kotone

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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.

nutriagrigia

sr. member

Activity: 1270

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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.

TopTort777

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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.

CryptoDost

jr. member

Activity: 189

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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.

DoubleEdgeEX

member

Activity: 112

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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

CryptoTalk365

newbie

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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.

BestEarningTips

jr. member

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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.

CryptoYar365

newbie

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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?

Topic: Defi hypes is it a bubble or real indicator of market rebound (Read 616 times)