crypto have real products too, in term of software products.
no reason to invest in gas or real estate at this point. most big countries now heavy on battery vehicles and the u.s pumping out gas/fracting hard! in california around 15 more years all new vehicle can't use gas. low price don't mean it's going to pump later, gas is a dying industry.
real estate at all time high. no reason to buy house 400k in a couple years later worth 200k.
Topic: End of Defi hype! Time to invest in real business with real products? - page 5. (Read 813 times)
October 20, 2020, 04:54:29 AM
October 20, 2020, 04:51:39 AM
Not quite sure if they are ended already it seems that the DeFi hype just run didn't last long, I've seen multiple DeFi scams I think that most of the investors get scared on investing to it. Let's hope that there would be a real product in the future right now I never seen any valuable.
October 20, 2020, 04:45:52 AM
Defi is not hype nor a virtual project which will cheat the investors gradually. These projects are very real and for the service-oriented. You can see here the true financial decentralization. The great example of this project recently you already have seen is Chainlink and the yearn.finance which has greatly outperform.
October 20, 2020, 04:37:14 AM
The hype about jumping onto the highest APY and farming the shit out of it is definitely over. As with every hype cycle, there aren't enough new people to fool i guess. Information travels fast these days. So everyone knows now not to lock funds in anon accounts and if they give you free money to build trust then you take that money and then scoot. Not take it as a signal to invest more.
So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.
So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.
October 20, 2020, 04:07:19 AM
That's true and so many new defi platforms have already ended its sale without any money raised in the seed sale and private sale. Some defi platform may still able to raise the funds but it's not so crazy as a few months ago when the yearn finance has brought the defi trend to the cryptocurrency. It looks like we will be heading another trend again.
This time people much more focus into the product and so many legit projects have raised the hardcap.
I can send any erc20 with very cheap fees for each tx. The defi bubble already burst.
This time people much more focus into the product and so many legit projects have raised the hardcap.
I can send any erc20 with very cheap fees for each tx. The defi bubble already burst.
October 20, 2020, 04:03:23 AM
End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
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