There's a hype but not all the projects adding defi are profitable to invest, some are not legit and they don't attract investors TBH.
Check the list again, https://coinmarketcap.com/defi/... now, tell me if all of the pump 100000%, some of them are even negative at the moment.
DeFi projects have the hype but not all projets in DeFI are hype, that's the reality if you look closely.
Topic: So every dead project that adding "DeFi" to its name, pumping 100000% ? - page 3. (Read 492 times)
August 12, 2020, 04:41:24 AM
August 12, 2020, 04:39:51 AM
The fastest way for scammers to make money in crypto space was ICO and now that ICO is no more they will use any means necessary to get their job done, and now that DeFi projects are becoming successful scammers will definitely use them
Scammers find ways to join the ride, what do we expect even dead project like what OP said will attach and use
DeFi for them to trick investors, and now the hypes is really being followed by traders, it's now the hyped around
this market.
August 12, 2020, 04:35:56 AM
The fastest way for scammers to make money in crypto space was ICO and now that ICO is no more they will use any means necessary to get their job done, and now that DeFi projects are becoming successful scammers will definitely use them
August 12, 2020, 04:24:00 AM
I think Yes, that's DeFi hype session. Peoples are buying blindly DeFi coins without showing their Development. I jus saw a coin that was 0.001$ few months ago and now price is 0.34$. Actually people will understand after few months. So better to make more research before buying otherwise they should cry later.
Maybe there is a reason why people are buying blindly,As you have said, it is on the hype right now. This is the main reason that I can see why there are so many people buying blindly hoping for making an easy return for their investment. Sometimes, investors do take a risk just like today for the sake of making a profit even if their investment has no development.
August 12, 2020, 04:16:18 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
More reason why we should be educated on how a DeFi works I prefer to trust old Defi sites they are the early one that popularized Defi it's better to invest in these Defi anyway they are many of them already and they have their own page in both Coingecko and Coinmarketcap.
August 12, 2020, 04:10:39 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
That's what happening right now every token is trying to become a DeFi token to take advantage of the DeFi trend. What I worry is if DeFi turns out to be a able bubble it's going to hurt lots of investors.
August 12, 2020, 04:03:17 AM
My own advice is to always take profits, either DeFi or not do not be greedy, DeFi hype might not last for long like many hoped for, take actions and avoid regrets later on, many scam projects will take advantage of DeFi success too, be ready
August 12, 2020, 04:00:13 AM
I think Yes, that's DeFi hype session. Peoples are buying blindly DeFi coins without showing their Development. I jus saw a coin that was 0.001$ few months ago and now price is 0.34$. Actually people will understand after few months. So better to make more research before buying otherwise they should cry later.
August 12, 2020, 03:39:14 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
Defi craze seems to be real but i think it should be reasonable and authentic these 10x gains overnite those too in unknown projects is kind of strange and suspicious and there is high probability that the investors chasing such coins can lose in the end because thesd can prove to be pump and dump coins. every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
August 12, 2020, 03:09:25 AM
Absolutely right, same things happen when the ICO 2-3 years ago this just hype, but make another problem on Ethereum network, I don't know how the Ethereum developer solve this issues. They just change their clothes to the new one and the clothes name is DeFi, careful always make a research who is behind the project this important things.
August 12, 2020, 02:59:44 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
I would say that we are in the Defi Hype season already. Again, check the numbers, billions worth of money is flowing, everything that has some "Defi" into a project will have a chance to be pump again. And I'm sure everyone will agree that we are in the beginning stage of the ICO madness in 2017, so I'm expecting that something in the last quarter specially November-December, there could be a massive pump on the Altcoin market again.
August 12, 2020, 02:54:01 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
Yep, that sums up the current alt situation and craze. First we had ICO, then security tokens were the next big thing, after that IEO appeared, then shitcoins started switching on bnb chain, and now we have defi. every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
I expect that to be over when enough people loose their money in those pump&dump schemes.
but because of that gas fees and ETH transaction fees are really expensive, even more expensive than bitcoin, that's sounds strange, hope that the problems in the ETH network can also be handled properly
To be honest, fees are not high just because of that. There are quiet a few scams that are based on Ethereum that are causing that+ tether. (if you check ethgasstation you will see that in top 5 there are 2 scam projects)https://ethgasstation.info/
August 12, 2020, 02:48:13 AM
people overdoing the name Defi will go to the moon, somehow they don't read any more dead projects that use the name Defi, that's funny, but because of that gas fees and ETH transaction fees are really expensive, even more expensive than bitcoin, that's sounds strange, hope that the problems in the ETH network can also be handled properly
Paid almost 50$ fees to uniswap WETH into DIA.
that was crazy
August 12, 2020, 02:45:17 AM
people overdoing the name Defi will go to the moon, somehow they don't read any more dead projects that use the name Defi, that's funny, but because of that gas fees and ETH transaction fees are really expensive, even more expensive than bitcoin, that's sounds strange, hope that the problems in the ETH network can also be handled properly
Paid almost 50$ fees to uniswap WETH into DIA.
that was crazy
August 12, 2020, 02:41:34 AM
people overdoing the name Defi will go to the moon, somehow they don't read any more dead projects that use the name Defi, that's funny, but because of that gas fees and ETH transaction fees are really expensive, even more expensive than bitcoin, that's sounds strange, hope that the problems in the ETH network can also be handled properly
August 12, 2020, 02:37:10 AM
Be careful what you wished for, that's what I can pass unto new crypto investors on this forum, DeFi Hypes are real and can be dangerous tool for bad projects too, many bad projects will try to claim it's name and mind you DeFi isn't the real culprits here.
August 12, 2020, 02:35:17 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
Can you atleast name few dead projects that pumped because they implement DeFi feature? I would like to know their names, I don't pick projects that are once dead and come back to live, I'm into DeFi projects but the top DeFi projects only e.g COMP, Oikos, DIA etc every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
August 12, 2020, 02:04:00 AM
Definitely a DeFi Hype, many sees a potential for decentralizing finances. These what the hype of DeFi brings and many were taking advantage before it will start again to outgrown by other hype that investors or whales soon to do. Better still analyze what the project still is other than putting the DeFi term.
August 12, 2020, 01:57:13 AM
That's the Defi Hype season?
It's confirmed, 1500% in a day from a random shit coin born 2 days ago.
By the way, move this thread to altcoin discussion. Bottom left move button
August 12, 2020, 01:51:41 AM
What the hell?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
every dead project, with no development team that add's defi to his name, get a 100000% pump?
That's the Defi Hype season?
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