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Author Topic: Bitcoin vs YFI  (Read 7799 times)

Offline smart_oa

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Re: Bitcoin vs YFI
« Reply #15 on: November 21, 2020, 06:55:27 AM »
Bitcoin:
Bitcoin is one of the most popular currencies in the market. It is likely to be recognized as a universal currency of the future. Bitcoin is traded in almost all countries of the world. O I think no currency will come in the market to replace the currency. Has its own blockchain wallet. As a result, Bitcoin is one step ahead in terms of popularity.

YFI:
The token costs a little more than Bitcoin. But not as popular as Bitcoin. Because the token was created around the ETH platform. So there is no question of Bitcoin moving to the top of popularity. eth ranks second in terms of popularity in the market. But if the token had its own wallet, then I believed that Bitcoin would surpass it. But tokens based on the ETH platform will never be able to replace the Bitcoin blockchain.

Explain your opinion here .

There is no way we can compare two of them. Actually, no alts can be compared to bitcoin. Bitcoin is the king of crypto space and YFI just a pump dump alts. We have seen YFI price went around 40k and then fall below 15k. That token is not very good for investments and the risk is very high.

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Re: Bitcoin vs YFI
« Reply #15 on: November 21, 2020, 06:55:27 AM »

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Offline masterrex

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Re: Bitcoin vs YFI
« Reply #16 on: November 21, 2020, 07:49:58 AM »
Bitcoin:
Bitcoin is one of the most popular currencies in the market. It is likely to be recognized as a universal currency of the future. Bitcoin is traded in almost all countries of the world. O I think no currency will come in the market to replace the currency. Has its own blockchain wallet. As a result, Bitcoin is one step ahead in terms of popularity.

YFI:
The token costs a little more than Bitcoin. But not as popular as Bitcoin. Because the token was created around the ETH platform. So there is no question of Bitcoin moving to the top of popularity. eth ranks second in terms of popularity in the market. But if the token had its own wallet, then I believed that Bitcoin would surpass it. But tokens based on the ETH platform will never be able to replace the Bitcoin blockchain.

Explain your opinion here .

Bitcoin as the pioneering cryptocurrency has a lot of users and investors as well thats why it's not comparable, YFI is a Defi project that has no solid foundation and I believe the YFI token is only driven by hype and anytime it can lose its value. So in my opinion FYI and BTC is not the same level so its better not to compare them.

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Re: Bitcoin vs YFI
« Reply #17 on: November 21, 2020, 10:13:53 AM »
Obviously, DEFi crypto is quickly taking over and the most puzzling of them all (Yearn Finance, YFI) has shown exponential growth as never seen before, with the YFI/BTC now approaching 4 btc per token. Trading crypto has become more interesting and much more profitable with the DEFi crypto era pumping so hard.
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Offline Paglamon

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Re: Bitcoin vs YFI
« Reply #18 on: November 21, 2020, 10:17:15 AM »
The YFI currency is not known worldwide. But the present has gained some popularity. However, Bitcoin is known all over the world. Bitcoin currency is much more popular than YFI. The YFI currency is more expensive than Bitcoin. More in terms of price but not more in terms of popularity. That is why Bitcoin is known and popular all over the world.

Offline MrSpasybo

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Re: Bitcoin vs YFI
« Reply #19 on: November 21, 2020, 10:20:17 AM »
Both of these tokens have done wonders.
BTC is the opening coin for the idea of ​​blockchain & crypto revolution. Currently, Bitcoin is still the leader of this revolution.
YFI is a token of a project to mine liquidity pools for DEXs, it also leads the DeFi wave to help the entire crypto market survive winter 2018-2019. This helps to perfect the DeFi ecosystem, which is surprising given the limited supply, 1 YFI = S45K in the past.
I prefer BTC because it's simple: KING is unique.
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Offline gotbounty

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Re: Bitcoin vs YFI
« Reply #20 on: November 21, 2020, 12:50:08 PM »
At first I thought that this YFI from DeFi would really dare to compete with Bitcoin. However, I am increasingly convinced that Bitcoin is still the best and that no one has been able to compete with it. In terms of quality alone it is clear that Bitcoin is superior. even Bitcoin enthusiasts are far, far greater than YFI.
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Offline Mohamad Reza Bagheri

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Re: Bitcoin vs YFI
« Reply #21 on: November 21, 2020, 12:54:31 PM »
 i invest in yusra coin.YUSRA GLOBAL has a solid feature for delivering the services with fast speed and user friendly way and have high security by evading third party need to execute transactions. This System is called YUSRA PAY. YUSRA PAY is a decentralized  payment system which removes any intermediaries between a sender and a receiver.The users of this platform enjoy the secure transactions with their privacy.  yusra.globall

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Re: Bitcoin vs YFI
« Reply #21 on: November 21, 2020, 12:54:31 PM »


Offline Ace H Knows

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Re: Bitcoin vs YFI
« Reply #22 on: November 21, 2020, 01:01:58 PM »
Bitcoin is a store of value and heralded as the most profitable asset in the decade, while Defi I don't think so its more, YFI value is just base on speculation no institutional investors are onboard that's why the risk is high!

Offline labonikhatun

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Re: Bitcoin vs YFI
« Reply #23 on: November 21, 2020, 01:12:52 PM »
There are many differences between Bitcoin and YFI no currency can compete with Bitcoin is a much more profitable currency than YFI and has a high demand YFI The value of this currency is much lower. Investments are more risky and traders will suffer a lot these projects are mostly scams.

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Re: Bitcoin vs YFI
« Reply #24 on: November 21, 2020, 02:26:33 PM »
Cryptocurrency YFI appeared somehow suddenly and immediately reached incredible heights and YFI is trading at a price higher than bitcoin and it is not clear at all what goals YFI has and therefore I somehow don’t want to invest in YFI, but with bitcoin everything is quite clear and so I would rather invest in proven Bitcoin than in YFI.
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Offline expander

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Re: Bitcoin vs YFI
« Reply #25 on: November 21, 2020, 02:36:02 PM »
I think this is a very unequal comparison. Because it is certain that Bitcoin is the winner. YFI is a new coin, and indeed a few months ago the price had dropped dramatically. If only in terms of price, maybe both of them compete. But in terms of quality it is very far.

Offline Riya143

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Re: Bitcoin vs YFI
« Reply #26 on: November 21, 2020, 04:27:58 PM »
Bitcoin is known as the most popular and largest currency in the world. I exchange any currency and hold it in Bitcoin. The potential for such incidents in the market is noticeable. So I think the bitcoin currency is the most popular in the market. People like to hold and invest in the bitcoin currency.

The price of YFI currency is still much higher than Bitcoin. However, it would be wrong to say that there is no such demand in the market. If there is no demand, the price does not increase. However, its supply in the market is much less than Bitcoin. So the price of YFI has gone up.
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Offline Fadhilz123

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Re: Bitcoin vs YFI
« Reply #27 on: November 21, 2020, 04:52:04 PM »
For me, no one can beat bitcoin even though the price is so high. YFI is close to reaching its maximum supply but the price only around $26K for now. And for Bitcoin it's still so long, so it has the potential price will be more and more in the future. And are you sure YFI will survive ??

Offline Pheonyx

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Re: Bitcoin vs YFI
« Reply #28 on: November 21, 2020, 04:56:03 PM »
Bitcoin:
YFI:
The token costs a little more than Bitcoin. But not as popular as Bitcoin. Because the token was created around the ETH platform. So there is no question of Bitcoin moving to the top of popularity. eth ranks second in terms of popularity in the market. But if the token had its own wallet, then I believed that Bitcoin would surpass it. But tokens based on the ETH platform will never be able to replace the Bitcoin blockchain.

Explain your opinion here .
In my opinion even YFI will have work with independently through building its own blockchain will not surpass bitcoin. We have to consider how the investors of bitcoin will surely petition for some kind of another difference and unique thing for bitcoin just remain as it where it is.
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Offline Thymoty

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Re: Bitcoin vs YFI
« Reply #29 on: November 21, 2020, 05:39:17 PM »
I think bitcoin will remain the most popular cryptocurrency, and for YFI we cannot guarantee that this token will continue to be on top of bitcoin, because we don't know what the DeFi industry will look like in the future. So I thought that YFI couldn't beat bitcoin in terms of price and popularity.
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