Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Selina31 on August 19, 2020, 09:46:07 AM
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
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One, I don't think YFI would get the that target. There's so much competition in the crypto DeFi world now for one project to steal all the shine. Two, it's not the fastest crypto to make a x100. Check out other projects like Hex, Capp etc
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For limited total supply of 30,000 and circulating supply of 29,961. It is not impossible for Yearn.Finance(YFI) to reach $15,000 this year. This kind of project with few tokens will definitely rally to moon. Just hold if you own YFI.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
Hodlers of YFI should be careful because it rose too quickly. You know what's going to happen when something went so high so fast. The higher you get, the harder you will fall. Just a warning though because you can't trust no one but thyself.
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The thing about this is that how loyal is the community because we all know that there would be a time that the price would be attractive to sell and if the price equals that of BTC then I can see some people looking to dump their tokens and move to BTC and that could trigger the sell off, because any serious investor would have entry and exit strategy IMO
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DeFi tokens are surging hot right now, but I don't imagine any of them possibly reaching the same price point as what Bitcoin has achieved, even BTC is struggling to get to that point now.
I'm looking into DeFi tokens for investment too, together with coins that are being backed up by major projects, for example is XYM from NEM. Them being a top 30 coin, its most likely to follow the same success.
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I am not surprised so much with the rise of YFI considering its very limited number of coins on the market and the bullish sentiment on the DeFi projects right now. Still, one should be careful in getting into Yearn.Finance at this juncture though if one is very much loving with risks and big rewards then this can be a good gamble. I just felt that I am not really lucky in picking up projects that can really boom and lucky are those who got into YFI at the early stage. Weeks ago when I was look at its $1000+ price I was already surprised...who would have thought that it can make bigger moves and even defeat Bitcoin (though of course BTC has undefeatable marketcap).
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
The YFI project has surprised many people now. Its token has risen in value to $ 38,000 and continues to grow rapidly. This is several times higher than the price of bitcoin. If its price collapses, it could have a very negative impact on all DeFi projects.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
The YFI project has surprised many people now. Its token has risen in value to $ 38,000 and continues to grow rapidly. This is several times higher than the price of bitcoin. If its price collapses, it could have a very negative impact on all DeFi projects.
YFI or not, but we will see more DeFi tokens collapsing soon, YAM token already failed and this will happens with other tokens too. There is no real value behind most of the defi tokens now, defi are overhyped assets that buy only because of the belief that each new token will grow in the same way as the previous ones. As soon as this faith runs out, correction will begin, and for some of the least quality projects, it will happen even earlier, just as YAM fell after the bug was found in their code.
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I am not surprised so much with the rise of YFI considering its very limited number of coins on the market and the bullish sentiment on the DeFi projects right now
Yeah. looks like DeFi is being hunted by investors right now. the price is fantastic. Only with a supply of 30,000, the market demand increased. I think the price could increase much more.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
The YFI project has surprised many people now. Its token has risen in value to $ 38,000 and continues to grow rapidly. This is several times higher than the price of bitcoin. If its price collapses, it could have a very negative impact on all DeFi projects.
YFI or not, but we will see more DeFi tokens collapsing soon, YAM token already failed and this will happens with other tokens too. There is no real value behind most of the defi tokens now, defi are overhyped assets that buy only because of the belief that each new token will grow in the same way as the previous ones. As soon as this faith runs out, correction will begin, and for some of the least quality projects, it will happen even earlier, just as YAM fell after the bug was found in their code.
I totally agree with you on this. Many Defi projects will fall hard and when this happened, Defi world will crash and many will regret over hyping Defi projects. Many are just investing blindly now because they want to make 100x in few days. I hope someone can be careful.
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I'm so surprised that YFI token was reached to the highest price. Seems DeFi is on fire this is amazing but risky now to invest YFI because it could dump anytime you know.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
Ha ha it broke all the record and hit a new ATH in crypto history. I don not know why peoples are investing heavily there are what is so special about that project. May be it is just its low supply that push the price so much. It clearly shows how volatile and profitable crypto can be. It makes some investors rice by few days.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam #Cpspam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
very risky investing in yearn.finance when the price is bulls like it is today. yearn.finance is a pure bubble, and for sure the price will fall in the next few weeks..
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I don't know for sure what makes YFI's price so high, maybe because the total supply is only 30,000 or only because YFI is based on the DeFi project. Now the YFI price is $ 29,049 on the Coinmarketcap list.
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YFI probably reached the ATH record due to it's little total supply and the fact that it's a DeFi project. This craze on DeFi is so scary to even look at as some DeFi projects are already failing. I do not wish for YFI to fail but it's moving up too fast hence it might crash regardless of its 30,000 supple
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The Yearn Finance (YFI) price according to CoinMarketCap was $28,565 today, But it has only a total supply of 30K YFI tokens very low, But still $28K per token is high already and I think its crazy and the risk is high that it might be crashed like Bitcoin (BTC)way back in 2017-2018 Bullrun so I hope those people that Invest in YFI is aware in this situation.
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After a ridiculous pump, he started to fall rapidly. I think it will soon fall below the price it deserves in reality. Since no one can trust it, it will go to the crypto dump after a while.
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The Yearn Finance (YFI) price according to CoinMarketCap was $28,565 today, But it has only a total supply of 30K YFI tokens very low, But still $28K per token is high already and I think its crazy and the risk is high that it might be crashed like Bitcoin (BTC)way back in 2017-2018 Bullrun so I hope those people that Invest in YFI is aware in this situation.
It seems someone took a profit today. YFI just crashed for 16%. Not bad to those who sold today, I just hope this crash won't result in panic selling. If it does, there will be lots of late investors who will lose a huge sum of money.
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YFI is trading up more than 30% at its current price of around $ 16,000. Cryptocurrency prices are seeing huge volatility at the moment, hovering between $ 15,000 and a recent high of $ 17,000. These highs were briefly updated earlier today, despite the selling pressure here so far proven to be quite substantial.
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Rising in price, which has led to YFI's governance token growing as well, with its price volatility from a weekly low of $ 4,300 to a high of $ 15,000 as its uptrend begins to turn shaped. parabolic.
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For limited total supply of 30,000 and circulating supply of 29,961. It is not impossible for Yearn.Finance(YFI) to reach $15,000 this year. This kind of project with few tokens will definitely rally to moon. Just hold if you own YFI.
Normally yearn finance a popular cryptocurrency in the cryptocurrency market cap but it would be hit $15000 in the crypto market is pretty impossible for me but all are possible in the world cryptocurrency market.
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Yearn.Finance (YFI) is a rising star in the DeFi field, with a protocol that sees a huge inflow of capital while the price of a governance token rises higher. The publicity of the growth and hype surrounding the project have sent YFI's price above Bitcoin's price, seeing returns three times higher than the recent lows established just a week ago. so the YFI Price will reach $ 15,000 soon
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I know that YFI has a lot of potential, but it's been in the market for the last few months. so YFI Price of 15,000 USD is a very difficult thing
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I guess 1 YFI equals 1 BTC Imagine buying Bitcoin a month ago for $ 2k and it goes up to its current value of $ 12k. to be able to reach $ 15,000 is simple
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The incoming breakout move is part of a steady uptrend YFI. The Yearn Finance token launched on July 25 while trading at close to $ 3,545. Its entry into the exaggerated decentralized finance sector has helped keep its bullish trend, leading to its price tag as high as $ 5,610 on August 7.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
Of course, the YFI token brought someone a good profit, rising in price to $ 42,000, provided that this profit was recorded on time. After that, it brought many losses, dropping to the current price of $ 16,636.
Meanwhile, many experienced participants in this market warned about the possibility of such a scenario. The management token cannot be so valuable.
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YFI has already reached $30K+ but the price is slowly going down day by day, so I believe it's on the way of breaking down its price and value in the following months because it's just a Bubble thats shy it will pop soon.
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In today's analysis, the value of YFI is present at coinmarketcap at $17203 and the Total Supply is 30,000 YFI, perhaps it could go even further.
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I still stick to my guns YFI wouldn't get to that target you suggested. It is now evident in its price now as seen in the coinmarketcap
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I still stick to my guns YFI wouldn't get to that target you suggested. It is now evident in its price now as seen in the coinmarketcap
I think this is a momentary phenomenon that occurs because of the new system that is there and it seems encouraging, but it looks the same.
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Recently, rumor had it that the owner and developer of YFI has left the project because if health concern. it is said that he left do to depression and wishes to stay away from the project. what is left of YFI now is just remediated members trying to savage what is left of the project.So trade with caution.
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Recently, rumor had it that the owner and developer of YFI has left the project because if health concern. it is said that he left do to depression and wishes to stay away from the project. what is left of YFI now is just remediated members trying to savage what is left of the project.So trade with caution.
Is this information that you provide correct? Please provide me a news link about this bad news, Currently YFI still has a price of around $18,500 or Up about 23%. If YFI owners really leave this project I'm afraid YFI's price will drop drastically, because YFI holders will soon sell their coins.
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As far as I know, YFI will sill surely down that amount or even more I guess. Because base on what I had observed about its movement in the market, a lot of their investors got hyped and bought it when it was under the price of in between 30k$ to 35k$ each YFI and look at the price now they are already loss isn't? Besides, everything is possible to happen in cryptocurrency due to its volatility, right?
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Today we see that the price of bitcoin for the first time in the last two weeks has risen above ten thousand dollars. Following him, all other cryptocurrencies became green. The YFI token has also risen in price by two thousand dollars and is now 18 581 dollars. The increase is about fifteen percent.
So far, the YFI token has growth potential. Let's see what happened to the developer of this project, because internal problems can quickly cancel out all previous achievements.
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Lesson learn "Do not go much with the hypes."
YFI looks firm that would not come up to downtrend as what the recent increase movement. Majority think about it easy money due to few supply and high value. Exceeded expectations from reality that crypto is volatile. Now huge lose. I have difficulty to say this, No one to blame 'coz it is how the way of market.
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Well, the token YFI for up to 34000$ but currently back to below 15000$. I doubt if it will have the momentum to go back to the ATH again. Defi projects hype is reducing
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It is very surprising how YFI can go up so easily in the crypto market. Only in some months, the price right now hits $17,974.73. It is the power of DeFi hype that I do not know until when it will last and progress.
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YFI project and idea is great, I made good money on YFI, Then on YFII
Now i am focused on third YFI brother- YFFII
YFFII have only 30 000 supply , stake working and only 25$ price, it can easy explode to 800$ in common weeks
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I think this YFI is precisely what we should be aware of. Where the price when it first appeared immediately showed a very large increase even more expensive than bitcoin. For a new class of coins, I think this is quite risky. And I bet this is unlikely to last long.
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According to analysts, after observing YFI’s (https://the Url is blocked due to spam/news/reasons-why-yearn-finance-yfi-is-surging-and-might-hit-20k-soon/) rally after launch, YFI’s seven-day run from launch should be treated as the fastest 100x in crypto history. YFI appears to be widely undervalued and may give great returns in the future!
YFI token price already reached its target lower price. YFI dumped more than all others DeFi projects.
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YFI project and idea is great, I made good money on YFI, Then on YFII
Now i am focused on third YFI brother- YFFII
YFFII have only 30 000 supply , stake working and only 25$ price, it can easy explode to 800$ in common weeks
I see that you have a very sane approach to working with cryptocurrency. Experience as a trader. The YFI token surprised us all with the rapid growth of its price and its maximum value of over $ 42,000. It is unlikely that it will ever repeat its price growth. Moreover, they say, personal problems began in the leaders of this project.
Overall, DeFi projects have revitalized the current cryptocurrency market very much.
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After the recent slump on the crypto market, some analysts declared the end of the DeFi . However, data indicates the opposite, the price is moving up.There are still projects that continue to attract investor attention and seem to have a bullish outlook.
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YFI prices some time ago were able to hit above $20k so I think it will be very easy to reach such a low price target, and right now if you can see the price is stable at prices above $15k even though some time ago it had collapsed at for $13k i don't think it will be able to collapse any cheaper.
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The YFI coin gained popularity in the market in a short period of time.The total supply of YFI was low. As a result, the number of coin investors was much higher. The result was that YFI prices were to rise overnight. But now that everyone has started selling, its price in the market has started to go down. So I think a lot of investors have suffered because of its downward price. So if the price of these coins does not increase in the future, many will face losses.
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The price of YFI tokens was much lower in the first stage. But later on, as soon as it was listed on the exchange, the price started rising. Within a month, the price was many times higher. Which was three times the price of Bitcoin. The YFI was approaching $43,678. So I thought it wouldn't go down like this overnight. But now it has decreased.
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The YFI coin increased in price a lot. But the current price is $17,000. The reason for such a decrease in price is that if the price of a coin goes up overnight, it cannot remain stable in the coin market. So I think investors are certainly not happy. Why so expensive coin the price has dropped since they bought it. It is not possible, I think the price of this coin will be good again if it goes back to the previous position. But it was three times more than Bitcoin. Since I am a supporter of Bitcoin. So I don't prefer Bitcoin.
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YFI was new to the market. Then investors started buying something. But after a while, the price of YFI continues to rise. The result showed new surprises and the price of YFI is higher than Bitcoin. So I don't think Bitcoin is comparable to King. YFI will never be able to replace Bitcoin. Because Bitcoin is one of the best currencies in the market. So I think there are some good reasons behind the price reduction.
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YFI already cross over $15000. It high price is approximate $45000 and now the price stay at $17000. This coin make a record that the over price of bitcoin.
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He did not imagine that the price of YFi would increase so much in the market. Because the ICO price of YFI token was low. So I think the price of this token has gone up so much because of the large number of investors. That is why prices have been able to rise so much. The team management was good. However, prices have started to fall at the moment and many investors have suffered as a result of falling so much overnight. So investors are worried about the token price fluctuations.
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harga YFI akan menjadi rekor bahwa harganya bisa melampaui harga bitcoin yang sudah mempunyai umur panjang dimana harga bitcoin tidak ada yang bisa mengalahkan hingga YFI datang semuanya tunduk terhadpa YFI.
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What do you mean? The price of YFI has its great surprise by increasing so highly even in the very short days. They always see the prospect of YFI. Now, the FYI price has a bee in
$16,727.79 USD
After facing its bearish time after $40k, there now, you may be interested in the coin moreover about its volatilize . A d now, until now, what about the people in mine?
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The YFI coin increased in price a lot. But the current price is $17,000. The reason for such a decrease in price is that if the price of a coin goes up overnight, it cannot remain stable in the coin market. So I think investors are certainly not happy. Why so expensive coin the price has dropped since they bought it. It is not possible, I think the price of this coin will be good again if it goes back to the previous position. But it was three times more than Bitcoin. Since I am a supporter of Bitcoin. So I don't prefer Bitcoin.
The YFI token was overblown in value and has gone up over forty-three thousand dollars due to the hype surrounding this project. I think that it will not reach the past price peak. Now the YFI token has dropped to $ 13,858. It will still be able to re-reach the price of 15,000 dollars, and then its price is difficult to predict. It is possible that it will fall in price much lower than bitcoin.
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Hey did you remember that you made this post. if you do and also invested on YFI, you did be a millionaire by now. Yearn finance reach an ATH of over 40,000 usd PER ONE TOKEN before the owner left the project behind due to health issues. The project is currently trading at 15,000 and i doubt if it will ever pass that price range.
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Yearn.Finance (YFI) could be a rising star within the DeFi field. I know that YFI contains of potential coin, but it's been within the advertise for the final few months. so YFI Cost of 15,000 USD may be a exceptionally troublesome time.
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YFI(Yearns Finance) is a defi project which already pumped more than Bitcoin. YFI(Yearns Finance) highest price according to coinmarketcap $42000 may be September and its lowest price according to coinmarketcap 31 dollars may be July. Now YFI price according to coinmarketcap $14387 it already road to $15000.
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YFI project DEFI very strong until now the price is still survived have many investors, this project is quite profitable for the investor and the price is still maintained until now the price is still about $ 13k per YFI course this is good enough if the price continues to be on a positive trend although the price of the coin now started to decrease the effects of bitcoin has come down.