Topic: 🔺let's admit it, Bitcoin time is over, now DEFI Time 🔺 - page 2. (Read 412 times)

Maybe he doesn't visit the market very often now mate so he wants to give such an assessment and is also not open minded so he can't distinguish good projects from bad ones in the market, so there's no need for people like that mate.

Tell me this in the next couple of years if your DEFI is still breathing ok?

Bitcoin had been surviving for 13 years and here you are claiming that your scam projects are the one who is dominating the market now?

Wake up from your delusion mate.

You don't see your friends investing because they are investing to coins/topkens that have way more upside potential. Institutional investors however care more about liquidity then insanely dangerous volatility. Reason why you don't see your friends investing to top cap is because your friends are not financial institutions but a small fishes.

That being said, bitcoin pow is going to be under attack way more then it currently is.

Lol it is x3.5 not x3 

and you call this Defi season? all those defi shitcoin will die in a matter of months or year but Bitcoin will remain on top for the next generation so what is your stand on that?


but in the next following months? all those who listen to you will cry hard because of their stupidity following your advice.

and I don't want you to become Richer either so I will be honest and will never listen to you.

Major players are investing in bitcoin. Those big companies and fund manager. You are not counting how much money getting lost in defi. 

Bitcoin already valued at a high price. A small investors will never able to earn good money from bitcoin caused by that. So bitcoin must move to the trillions marketcap to make a big move or generate decent profit for its investors while defi didn't have hundreds billions of marketcap or trillion marketcap. lol.

Yeah dump is nothing but just hope your defi didn't get hacked. it can be the end for the defi users.
Lol your logic was totally non sense. If you're counting those copy past coins from ico price and why didn't you just count how much percents already achieved by bitcoin started from 2010?


Even if you didn't invest in bitcoin and bitcoin still exist. You're nothing compared with those whales. 

If there are people around us who no longer invest in Bitcoin and prefer investing in DeFi, it seems the person doesn't understand the crypto world
properly. Because for people who study crypto world properly, would not think to stop investing in Bitcoin. As you already said, we can see
the history of Bitcoin movement where the price continues to rise, even in 2021 it broke several records. So Bitcoin is not only profitable, Bitcoin is
also the safest asset compared to other projects. Moreover, investing in DeFi can make us suffer losses if we choose the wrong DeFi projects,
based on the data I got, the majority of DeFi circulating are scams. Therefore investing in DeFi is of course much more risky, if we don't understand
how to do proper research and analysis, we should avoid investing in DeFi and just focus on investing in Bitcoin.

Yet DeFi is heavily affected on the recent dump happened on Bitcoin. If DeFi is really the new preferred investment of crypto investors then its value should not be dependent to Bitcoin since its investors should be focus only on DeFi and not on Bitcoin anymore. But the results don't lie and crypto investors still preferred Bitcoin on top of all altcoins out there.

Such a bold statement but if it is true you need to check your circle and make the required changes fast enough otherwise the next title of your topic will be how I lost my life savings to DeFi scams. It is not bad to try something new but to go all in with such boldness is dangerous especially on mostly hyped project whose developers are also driven by profit making and can be merciless.
The safest crypto to invest in remains bitcoin because of it's wide adoption and also historical data, the DeFi you are promoting today may not even be in existence 3 years from now.

this topic is interesting and true, but I can't convince it in its entirety because for beginners who are new to the crypto world are afraid to hold bitcoins because "its value is very high" and can affect everyone's mindset and also with its offer new coins offered are cheap and offer all advantages , but basically have the same characteristics as bitcoin which is equally volatile and also if you think about it fundamentally even users will stay consistent with bitcoin.

Yeah says by a 3 year old Shill account , a account created just to shill for Shit projects since 2019?

https://bitcointalksearch.org/user/kriptocorumlu-2690227

DEFI days will end in the next couple of months and you cannot fool people here, we have seen how this scam runs in 2021 .

DEFI your face lol.

and obvious that you are shilling in that BS project lol.

If you are not trusting Bitcoin then make sure that all your life will rely on your DEFI thing , and make sure to not cry once this comes losing situation .

You got it correct , and this is the biggest scam that happens to crypto world for 13 years of existence .

The hard lesson which I learned from ICO those days has made me not to invest in DeFi despite the fact that some of the projects were promoted by trusted members herein the forum same way it happened in the days of ICO. Had luck to those who lost their money via DeFi and we should some how careful with the current NFT though am not saying anything bad about it but one need to be careful.

sooner or later, people who go all in in Defi will realise that it was a mistake. i consider defi as just one of the hypes in crypto market. but with bitcoin, we know the foundation is strong and it won't disappear just like any other hype. i can compare defi hype in meme hype. most of the projects are short lived so if you are really into defi, better look for projects that at least have strong foundation. a lot of them have exited in this market already, and a lot more coming. so am not thinking that btc is over. high likely to happen is defi being over. as people realised that most of them are not respecting their promises.

Cryptocurrency market won't be running like this promising if Bitcoin presence isn't that good, everything won't be progressive like this now. Don't you hope that it's over as you desire to, DEFI time might become popular in perfect timing, but it won't hamper the sustainability of bitcoin market.

In as much as I want to agree with everything the op has said, (like ognasty said), we still can't rule out the fact that bitcoin is still the market leader with almost half of the entire cryptocurrency market capitalization, I personally can't remember the last time I bought bitcoin with my money, but that does not mean I've put it out of the equation, all bull runs we've experienced so far all started with bitcoin, and from bitcoin, the money spreads to altcoins, so no matter what, bitcoin is still very relevant in this space, atleast until an altcoin takes the number one spot on coinmarketcap.

How many time have you seen defi coins pumping when bitcoin is dumping? I don't think you will find any defi coin in green when bitcoin drops but rather you will see defi coins losing more compared to bitcoin, we cannot compare defi projects with Bitcoin as defi projects are comparatively new where bitcoin is decade old and still surviving and driving the market so it's a baseless comparision and portrayal of bitcoin in negative lights.

If that is what it is giving you results personally then by all means keep doing it, but I do not see why you have the need to try to put bitcoin down, it is obvious it is more difficult for bitcoin to grow since its market cap is so massive compared to the rest of the coins in the market, but not only that you are trying to make it seem as if the growth was caused by those coins when it can be clearly seen that it was bitcoin the one that caused the bull market and then the rest of the coins benefited out of it.

You don't see the clear picture of the market.

Those areas that you've mentioned won't prosper if it's not because of bitcoin. As you can see if bitcoin fells, all of those are falling down. You can say that staking won't fall down but the value or price of the coin staked is dropping but not the reward.

It's okay if that's what you see in the market but nothing will change the reality that bitcoin remains the king.

People will always choose which way they can make massive return after all so its not surprising why mostly are now on it especially on this kind of situation. But remember that bitcoin still the number one and the most trustworthy and reliable when it comes investment especially when it comes long-term. So perhaps even there are some new ways how to make x100, still there's no way they will not jump back to bitcoin again once the price skyrocketed..because indeed it's all about the opportunity reason they're now on Defi so there's no way most investors will ignore bitcoin once it shows a good sign and big opportunity as well.. Always follow what's trends that's what it is to make the story short..

Bitcoin will always be the king. Noobs may be throwing money at Defi but smart money is moving into Bitcoin to store and grow wealth. Notice how most of the popular Defi tokens from last Spring never got close to their prices from the Spring, even as the market expanded a bit higher in the Fall. And most of them have crashed drastically further now.

Fact is 99% of cryptos will go toward zero against Bitcoin long term. Some will succeed, but most won't. Which, to the OP, is why you want to keep plenty of money in Bitcoin. Earning 10% or something on some Defi token ain't gonna matter when it keeps dropping in price over the long term. And if you're getting signifcantly more than that those earnings won't last anyway.

Defi is all experimental and going all in on that is a great way to lose a lot of money if you don't get lucky. Meanwhile, Bitcoin is a great way to build wealth.

Also the reason all these Defi tokens crash, like altcoins always do, is because it's mostly noobs pumping them trying to get rich quick. These are precisely the people who panic sell as soon as they see a dip. In a year there will be a new round of Defi tokens that will pump and dump. Meanwhile Bitcoin will just keep growing.

Stated simply, Bitcoin's time will never be over. Which is why that is where smart money goes while noobs bail out of the latest Defi tokens each crash, or get rug pulled or hacked.