Topic: End of Defi hype! Time to invest in real business with real products? - page 2. (Read 828 times)

I don't think this will be the end of Defi but the defi concept is still in it's early stages and needs to improve a lot. The scam yielding projects need to wiped out too but who knows maybe defi will play a big part in the future.

Defi hype is not yet over. Many investors (specially newbies) are trying their luck to invest in defi projects. Its not going to end soon as long as there are investors that keep supporting it.

On the other side the idea of investing in real business is always good. Because you can see physically the progress of your effort, however its not going to easy. Like other investment business has also risk even there's a working product.

There are quite a few people in these comments who are coming around to the point that DeFi is here to stay. Atleast for as long as the regulators allow DEXes like UNISWAP to operate. Bitcoin is a completely different proposition compared to DeFi. Any serious person who is putting money into such projects is also keeping his bitcoin. Because bitcoin is the foundation that actually gives legitimacy to the whole idea of cryptocurrency.
Without Bitcoin, all of these other projects would simply be private servers run by a bunch of people giving away useless tokens and essentially engaging in unregulated, financial fraud. It is their liquidity with respect to BITCOIN (through USDT, ETH etc) that these projects are surviving. You remove bitcoin from the equation and i guarantee that all the REAL investors putting thousands of dollars into these alternate blockchains will just withdraw.

Also, for all the talk about PolkaDot, Synthesis etc, there is still nothing novel or revolutionary about any of them. The only real success in this whole space till now has been UNISWAP which has been able to garner a huge market share and attention with its Pooling and LP model. The rest are all just people with deep pockets throwing money at these devs hoping that they would eventually come up with the next biggest network effect.

it is not over yet. when time comes, defi will collapse yearn thing prices will collapse and people will panic sell and exit from all defi projects. All money will shifted to bitcoin from defi projects. 

With the last drop in the price of bitcoin, many altcoins lost more than half of their value. But not all tokens of the DeFi sector are new tokens, among them there are projects that were created in 2017, such as LINK. Now, when the hype subsides, only such projects that will have individual characteristics will remain on the market.

You know exactly software products not category as a real products. Software is not real
Op does not talk about gas or real state, but OP says "Real business product with real product" and this is can include in many categories in real life.
If you read it properly you will agree with OP. End of Defi hype

DeFi in the first place is not sustainable in the long run. People liked DeFi because of greed, for the high returns while not taking into account the inflationary characteristic of this scheme. This will be realized in the long run.
But on the other end, it started a bull run that affected the market as a whole, even non-DeFi coins had great gains.

I agree with you!
Nice Signature of AMEPAY! any thoughts on AMEPAY Private sale?

I haven’t been seeing people talk much about them these days the hype is dying slowly, unless another new project that will seem good to people will come out and revive the DeFi market. But right now it seems like it’s dying slowly and before this year runs out we likely wouldn’t see people talking much about DeFi.

Nah the bubble got burst already, that’s why the DeFi tokens have dropped more than 60% (majority of them). It’s not new, I was already expecting that to happen, we have seen other similar things that came out and trended for some months and suddenly they burst and everything is over.

I'm not sure the defi period is over. Even though the DeFi trend is on a drastic decline right now, there will be changes to the DeFi concept, as we know NFT + Defi, or maybe gaming and DeFi.

it could have happened during the moment there were so many scammers right now that the trash DeFi project disappeared. this market will fall when more and more scammers go crazy to fool more people.

Well, we have our own choice to invest in dude. And this is of course would always depend on our belief in the products or cryptocurrency anyway. Even recently Defi became noisy in the market and many communities invested in it at once even it is only hyped then in the end they lose their capital. But in a little while for sure Defi will spike again in the market just like pump and dump.

most of altcoins now in red colour because the pump of bitcoin and thats mean not only defi project mate
i believe when a corrections coming on bitcoin price, defi project will growing again, personally i'm waiting for the second waves from the hype on defi

There will be always new trends after. like the good old days when bitcoin near $20k, there;s a lot of projects coming in with the ICO trends, and iam really sure that the DeFi trends isn't ended yet

Its time for bitcoin to go back on business and yes we finally break the resistance on $12k level which resulted to a big dump on many DeFi projects. I don’t know if the hype is done already or we will see the second trend of the hype maybe after the pump of bitcoin. Even if there’s a hype you must always invest on good projects, don’t fall on the hype trap, DeFi is still good though but not at all.

What's worse is when there will be more DeFi scam projects that can make market interest decline. such a situation can literally trap the market and repeat a recent downtrend. at the moment it still looks good, and we certainly don't think and hope that something bad can happen again in this market.

I am sure that there are still projects among DeFi that will have good prospects in the future, but due to the fact that with the increasing excitement, Decentralized Finance attracted a large number of scammers and when an investor is looking for profitable investments for his capital, then the current situation levels the difference between good and bad in the DeFi market in front of someone who is not very good at analyzing the situation. In addition, as regrettable as it sounds, but where there is no personal identification and everything is assigned to decentralization, scammers always try to get as much profit as possible from inexperienced cryptocurrency users.

Doubt that he's a newbie though because he knows defi and cryptocurrency yet this is his first time posting with this account.

I guess what OP meant is that there's not going to be much projects going to be made compared last couple of months because of how saturated the defi market is. It's kinda true in essence though because there's not much to invest to anyway. All of them (new projects) are the same things and most of them are scams, basically ICO 2.0 right now.

Probably not, the total value locked is still at the all time high. I suppose there will still be newcomers within the next few months or so. Once it hits mainstream media then the end will be near. But until then I guess the bubble will just continue to grow.

Well, so far it's still difficult to say, but I think that defi sphere will still show itself and therefore it is worth paying attention to the top cryptocurrency projects based in defi sphere, because top defi cryptocurrencies can still bring income, and of course, soon defi sphere will be replaced by something else, this is already a common thing, and therefore, while defi cryptocurrencies bring income, we need to make money on this.