Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: LogiC on July 14, 2020, 07:48:02 AM
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What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.
Are you positive abut defi pulling up the market crisis for cryptocurrency?
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Defi is just a hype like IEOs trend. To see if market's rebounding, take a look at market movements. Altcoins increased a lot in the last few weeks. Bitcoin, on the other hand doesn't change much. Some Defi related altcoins also pumped hard but again, I doubt that Defi trend will explode someday. Everything will be back to normal.
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Defi are really pulling waves and are attracting a lot of attention, although they have proven to be a real deal with verified profits potentials. However i think its only a trend that will contribute to the growth and development of the blockchain and cryptocurrencies.
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Defi is just a hype like IEOs trend. To see if market's rebounding, take a look at market movements. Altcoins increased a lot in the last few weeks. Bitcoin, on the other hand doesn't change much. Some Defi related altcoins also pumped hard but again, I doubt that Defi trend will explode someday. Everything will be back to normal.
Almost exactly what I'm thinking about the Defi waves. Although its quite an interesting idealogy with lots and lots of potentials if it can be sustained with further development and advancements for long duration.
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DeFi projects have alot to offer and legit solutions as well. Yes it might be a hype now but it's definitely proving to be the next big thing in crypto space.
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DeFi projects have alot to offer and legit solutions as well. Yes it might be a hype now but it's definitely proving to be the next big thing in crypto space.
Actually Im thinking this also, however we cant ignore some warnings or precautions on some event that took a serious hit on some defi projects, like the stolen funds and hacked these last few weeks. Some thinks this defi has been used for money laundering too and that would end up pretty bad if the public community viewed that like that.
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DeFi is a big trend right now and many platforms are benefited with the ongoing interest by the investors looking for new assets to invest on and make money. Of course, there will always be hypes around anything that is emerging and getting the attention of the market, that is always given.
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Decentralized Financial Technology is indeed a progress in the financial system that is currently trending.
We can see all financial tracks if we use a decentralized system and this makes it transparent for all capital owners to invest in the Decetralized financial system.
This is a perfect Hypes and certainly this is positive for everyone in the whole world !!
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I think Defi is just a hype and we can't see it as an indicator of market's rebound. Price, volume and total market cap are the best indicators to evaluate the market. In the past, every hype would be gone after a while. Soon, Defi will fade away and only Coinbase listing hype is left.
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It's a real indicator of market rebound because people learn from the experience with ico and ieo and now are invested in project who make progres by developing
the project and have a least a platform ready.In the next bull run will pump only coins who the team consistently development the project.
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I won't make them as the righteous scale to know if the market are healthy or not. they are like any other investment program out there, they are there to make money too, like yourself.
So always stick with the golden rules " invest only what you can afford to loose " & you'll be fine.
DeFi are great add to cryptocurrency communities indeed but the risk is always involved man, nothing is 100% sure when it comes to investing your hard earned money.
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Base on the recent statistics on defi development I might say that DeFi growth is too fast, thats why for me its not represent the true organic growth of Defi projects but only a hype and similar to what happen in the most crypto projects in our time, if the word Bubble is the best word to apply then thats it.