I am curious about people's opinion of DeFi projects and coins - page 4.

reliable

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Quote from: tabas on August 31, 2020, 06:55:52 PM

Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.

In recent time the prices of Defi coins has being on rise and rising very quickly. I am sure considering this many would be tempted to invest in it to become part of the rising prices and make some profits from it. But yes as you said can it be a part of marketing and in the end prices falls drastically from the top this is uncertain.

leea-1334

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Temporary forum vacation

Quote from: Panxora_COO on August 31, 2020, 05:13:40 PM

I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.

Implode and destroy itself, maybe that is too harsh an assessment but I do not think it will disrupt anything now, it will change and make things easier in the future, but not before some massive hack or smart contract failure turns one big platform inside out.

Nothing special about Defi. People lending other people money and earning interest is the gist.

SillyGirl

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I also found this article on WorldCoinIndex: https://www.worldcoinindex.com/news/yearn-finance-native-defi-cryptocurrency-yfi-surges-190-over-the-last-week-price-tops-38-000

Anonylz

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I think the verdict would be from the users of this decentralized finance platform if they find the services more useful and beneficial than the normal traditional financial system, it can only be considered disruptive if users find it more useful, but if this is only in theory without practice then it will only be seen as a hype no different than the ico's and ieo's, my own perception.

WalkerIVIV

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I have heard defi before and I do. You can see how much funds are getting locked in defi and it's always increasing too. I think that as long as people can be carefully to choose the legit defi and it will implode. Some people may still feel doubt about the possibility for this trend to be another ico bubble but we will see that.

tabas

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🌀 Cosmic Casino

Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.

tippytoes

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Of course, I have heard of DeFi. Everyday you will see in the forum that a new DeFi-related project is launched. It maybe a game changer but I believe only few of them will survived as most of them are just money-grab projects. They are riding the hype and in a hurry to launch their so-called DeFi platform. In time, you will know how many of them will continue to serve the community. But I bet most of them, have very short lifespan. So if you are serious buyer of DeFi, you should really assess on each project and read between the lines if they are here only for money.

Mahanton

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Quote from: Panxora_COO on August 31, 2020, 05:13:40 PM

I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.

Same as usual and its not really that revolutionary for these DeFi projects and this is just like what happened with ICO and IEO in the past and when those markets arent really making
any profits or buzz then its anticipated that there would be always a new one would replace the spot and as of this year we are already talking about DeFi's. When it comes to investment
suggestion then its up to you if you do go along with the ride or would simply skip out but there are actually people whom do made some risk and did really make out some profits
but for long term aspect then im not really that expecting much.

Panxora_COO

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Chief Operating Officer of the Panxora Group

I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.

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