Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Nostoman on October 24, 2020, 09:59:19 AM
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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 .
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obviously both of them are currently the topic, bitcoin is already well known, but YFI came and made a surprise that the price could exceed bitcoin and this clearly made people ask questions because it was clear that the new system from defi itself could surprise us.
but what is needed, of course, remains that the most decisive trade of the two tokens and until now YFI has not been able to match bitcoin. In fact, I also doubt that YFI will last for a long time at a good price.
because usually those who come and with a sudden surprise are sometimes not based on a proven foundation but can only make a surprise. we will see developments at the end of this year, we can be sure that bitcoin will continue to move and will leave its rivals.
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in my opinion Bitcoin remains number 1 as a digital currency that is known to many people and even the presence of YFI cannot replace the popularity of Bitcoin which has dominated the market. YFI can be an option to invest in other than Bitcoin and Ethereum
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i wont buy the idea of YFI to surpass bitcoin. its just a hype that created to surpass the price of bitcoin but at the end it wont even close to btc adoption and popularity. BTC is way far from FYI and i dont think yfi can match up to BTC even after several years.
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Bitcoin vs YFI i think if you want big profit you have to buy YFI and also to much risky if bitcoin touch 20k YFI will touch 40k that difference go buy YFI.
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obviously, bitcoin to popular in all circles bitcoin so a good investment and have a lot of investors around the world and has become a trade that has the highest volume while YFI is coin new and has a fairly high price because supply is a little quite a surprise for this year for investment and the price was the very high price but this Defi project has also been down over time.
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The YFI project isn't comparable to bitcoin and shouldn't even be mentioned in the same breath as bitcoin. YFI is majorly built on hype and the emotions of people while bitcoin is shoulders tall above any cryptocurrency. The current noticeability and recognition bitcoin enjoys is next to none and will continue to be so. YFI will continue to be a pump and dump token with no actual use case.
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Actually, there should be no comparison between the two as they are of different category though still belonging to the world of cryptocurrency. This is just like an apple and a guava. The main reason why YFI came into focus because of its soaring price that largely came about because of its very limited supply -- just 30,000 as compared to BTC's 21 million max. However, we know that its rise is also due to the sudden popularity of DeFi which is now slowly waning. Once the fire is down, let's see where its place is. At the end, it will still Bitcoin winning the race, if there is one really.
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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 .
I corroborate what you have shown to your writing. This is true YFI token is created by the ethereum platform and bitcoin has it's own wallet so how can i say that YFI is better then bitcoin. Other wise the bitcoin acceptance popularity is the better then YFI. I think there is no way to highlight YFI then bitcoin.
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The two assets are miles wide apart. I don't see any of the yield assets as a competitor to Bitcoin nor them lasting that long within cryptocurrency.
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YFI is totally different with bitcoin. Bitcoin is a crypto project that has been around since 2009 and remains king until now whereas YFI is a hype project that has recently become famous. Even though the price of YFI is higher than bitcoin, the market cap and supply are both different.
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The YFI token has never actually been and never will be a competitor to bitcoin. It became widely discussed only thanks to the hype surrounding this project and its inflated price increase. However, the YFI token will not even have similar popularity. At the peak of its price, it had a capitalization of just over one billion dollars. Now the level of its capitalization is 434 million dollars and it is unlikely that the YFI token will be able to reach the same price and the previous level of capitalization. Unless it can reach the previous level of capitalization with very good growth in the cryptocurrency market. However, it will not reach its previous price over forty thousand dollars.
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YFI is not the first coin to cost more than bitcoin
Built on DEFI concept I see YFI fading away as so many coins are competing with YFI.
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The YFI token drew attention to itself with a fast and very high price growth, having risen in price to more than forty-three thousand dollars in two months of its existence. Then it also suddenly dropped to eight thousand dollars, and now it is slowly rising again in price, again overtaking Bitcoin. Now the price of the YFI token is $ 26,703, and the capitalization is $ 800 million. Of course, the YFI token cannot be compared to Bitcoin, even though its price soars. Great things are seen at a distance. Let's see how YFI will behave after a certain time.
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Bitcoin has become the world's famous currency, which is being used all over the world, while the development of YFI has not yet become so popular. Nobody has the break of bitcoin right now.
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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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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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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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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.
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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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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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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!
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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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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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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.
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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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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 ??
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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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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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Bitcoin is the poster boy of cryptocurrencies. Anywhere in the world where crypto is discussed, it's always about Bitcoin. YFI is just a successful DeFi token but only time can tell how widely it would be adopted and accepted.
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Even if the price of YFI is higher than Bitcoin, it will never be able to replace the popularity of Bitcoin. YFI is still more expensive than bitcoin. Bitcoin is widely used by businesses and industries around the world. This is the most well-known worldwide, used as a medium of trade and commerce.
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BTC is currently having momentum to move to $20k and its fast approaching to that level while yfi still at the highest price vs BTC. ufo was fallen after over $40k previously. I think both has big potential to give huge profit to whoever invest into this currency.
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Bitcoin is at the top in terms of currency usage and popularity. There is a lot of demand for the currency in the market. However, as the total supply is high, the price of Bitcoin is in a good position. However, the current YFI has exceeded the price of Bitcoin. It is unknown at this time what he will do after leaving the post. However, the total supply of YFI is much less. So the price is higher than Bitcoin.
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Bitcoin is a worth coin that we really know how the struggle from zero to hero and its down to earth in years ago. And about YFI, this is a like-instant coin with a very significant high increase only in some months. But personally, whatever the facts, I really love BTC much more than others ;D
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Bitcoin isn't comparable with YFI because YFI isn't proven yet, it is a new coin. It is still better to compare Bitcoin and Ethereum, still makes sense for me. I know that YFI is a good coin, but how to call it is a trusted coin, it should take more time to show its quality for all crypto users. Let's see how good YFI can survive and show its best performance in the next few years, then we can state it is a trusted coin if it can survive and continue to develop.
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Bitcoin is the most popular among YFIs. Bitcoin is much more popular all over the world. The coin is much better for long-term retention. I think Bitcoin is the best on people's list of best investment choices. The Bitcoin currency will show even greater results in the future.
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Bitcoin is a worth coin that we really know how the struggle from zero to hero and its down to earth in years ago. And about YFI, this is a like-instant coin with a very significant high increase only in some months. But personally, whatever the facts, I really love BTC much more than others ;D
I agree with you, Bitcoin is built not with hype like YFI, bitcoin is built with strong fundamentals, blockchain technology and amazing community,
while YFI I did not find anything special about this coin other than hype and maximum supply which was very little.
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Now Defi reduce his fame so YFI will be expected to follow then.
Well, since from the start of the Defi system it gives me a less(particularly no) interest in them. Maybe it was a big surprise how it gains popularity in a very short period of time but sadly, it takes a short stay and loses its momentum. Early investors have their huge gains but I'm not sure how it happens those who come late while the market is on the peak already, I'm afraid if they are suffering losses after. I support always bitcoin. It is definitely risk free investment. But always mind it bitcoin investment is long-term investment, You will get success by it.
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Some time ago, DeFi has become very popular, one of which is this YFI. However, I stick with Bitcoin. And in my opinion, it is difficult for YFI to compete with Bitcoin. from sales volume alone, YFI has lost a lot. Especially compared to other aspects such as quality and evidence of survival.
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^ I think comparing Bitcoin and YFI is not an Apple to Apple comparison. YFI's price is purely speculation whereas Bitcoin is not, I never believed it was real there is an erc20 based token which is more expensive than Bitcoin.
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indeed at first I was surprised that YFI's price could be so high it even exceeded Bitcoin. I think YFI will be able to compete with Bitcoin. However, it seems that after YFI's price fell, and is now below Bitcoin in a short time, I doubt YFI will be able to compete with Bitcoin.
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We all know here that all coins under by defi are based centralized system while Bitcoin is not.
And given the fact that YFI surpassed Bitcoin in terms of price in the market, it doesn't mean YFI defeat Bitcoin.
Of course not, when it comes to stability and a big community it is still Bitcoin remain number one and hold the
title of being Father of all cryptocurrency.
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Well I don't think YFI can surpass the popularity of bitcoin even if had it's own wallet. You know YFI is a new token and also it doesn't mean that the highest price determined the popularity, YFI has a low supply and I think it can easily manipulate by the early buyers.
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Bitcoin is much more popular than other currencies. There is a lot of demand for Bitcoin in the market. Bitcoin users are scattered all over the world. As a result, Bitcoin cannot replace any coin. A new coin in the market is YFI. Its value is much higher than Bitcoin. However, the Bitcoin currency will never be replaced in the market.
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We all know here that all coins under by defi are based centralized system while Bitcoin is not.
And given the fact that YFI surpassed Bitcoin in terms of price in the market, it doesn't mean YFI defeat Bitcoin.
Of course not, when it comes to stability and a big community it is still Bitcoin remain number one and hold the
title of being Father of all cryptocurrency.
One way or another, YFI is something new in the cryptocurrency market and there is still no exact certainty for its future prospects, unlike Bitcoin. Throughout the history of Bitcoin, no one has doubted its leadership and its prospects. Therefore, I believe that regardless of the popularity of different projects, Bitcoin will remain in the lead.
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What I think is Bitcoin is one of the most popular coins in the world that we identify as the king of all coins. Although YFI has more value of this token I believe Bitcoin will definitely have more value than YFI. And you can't go on Bitcoin for long.
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The YFI token can now be compared only by price. Yes, now this token is again growing surprisingly well again and its price is $ 25,845. Also, its capitalization is growing and is at the level of $ 774 million. However, before Bitcoin, with its current capitalization of $ 341 billion, it will never match.
The first wave of YFI token price growth was clearly influenced by the big buzz around this project. The second wave of its price growth is not yet entirely clear to me. Well, let's see what happens with this token next.
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Both of these coins, both YFI and Bitcoin, are both potential. But if I look at the experience of Bitcoin which has been surviving in crypto for so long. The taste is very incomparable to YFI as a newcomer coin. clearly Bitcoin is superior.
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YFI recorded a growing correlation with the price of Bitcoin, with its price moving in sync with the king coin’s. While the correlation could be due to a host of factors, the development implies that the strong bullish sentiment associated with Bitcoin may end up playing a role in YFI’s price.
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The YFI currency is new. However, the price of the currency is much higher. Prices from the Bitcoin currency initially tripled. Even at the present time Bitcoin is much more excluded. YFI total supply is much less. This is the main reason why the price of currency has increased a lot. However, the currency is not as common all over the world as bitcoin. Bitcoin is used by businesses all over the world.
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Bitcoin currency is much more traded, traded, invested all over the world. Bitcoin users are scattered all over the world. So I don't think Bitcoin can suppress any new coins. Bitcoin is so popular all over the world that no other coin can replace Bitcoin. However, the price of any other coin can be much higher than Bitcoin. But that is not a sign of overuse. As happened in the case of YFI currency. Currently the price goes up a bit from Bitcoin.
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Bitcoin currency is much more traded, traded, invested all over the world. Bitcoin users are scattered all over the world. So I don't think Bitcoin can suppress any new coins. Bitcoin is so popular all over the world that no other coin can replace Bitcoin. However, the price of any other coin can be much higher than Bitcoin. But that is not a sign of overuse. As happened in the case of YFI currency. Currently the price goes up a bit from Bitcoin.
Bitcoin has high liquidity, I am not sure YFI can beat bitcoin liquidity, even LTC or BCH with today's conditions will not be able to beat bitcoin,
don't expect too much from YFI, because YFI is just a hype coin and doesn't have solid fundamentals.
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Bitcoin has its first blockchain and YFI has a great idea for a centralized financial lending system.
The two are indeed different but the goal will remain the same, namely as a traded digital currency, Bitcoin's level of popularity is indeed better, but new ideas on crypto transaction systems will always come and compete to be better.
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Bitcoin is more famous than Yearn Finance despite FYI is more expensive than Btc. The platform of Btc is very popular and could not overthrown by altcoin. Btc is the major coin in the market went back before and even until this day. Btc is very unique and obvious to lead the entire altcoins now and in the future.
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Bitcoin is more famous than Yearn Finance despite FYI is more expensive than Btc. The platform of Btc is very popular and could not overthrown by altcoin. Btc is the major coin in the market went back before and even until this day. Btc is very unique and obvious to lead the entire altcoins now and in the future.
the price may be higher than bitcoin but the fact of the market cap is clear that bitcoin is still on top. indicates that bitcoin is preferred by investors and it cannot be avoided that bitcoin is still the best. difficult and it takes a phenomenal thing to be able to shift bitcoin in the crypto arena.
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The YFI token loses to bitcoin in every way, except for the current price. Now the price of the YFI token is $ 27,258 and the bitcoin price is $ 18,928. The YFI token appeared on the cryptocurrency market in July, that is, just five months ago. Despite the fact that this project is now merging with two other DeFi projects and this is increasing its popularity, it cannot compete with the first cryptocurrency, which has a capitalization of $ 350 billion.
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These two assets are completely different, have different purposes and technical basis. In terms of price, YFI has already surpassed Bitcoin, but this is only a price indicator that does not say anything about the technical part. In part, I believe that YFI is a speculative asset and it only surpasses Bitcoin in price. For all other parameters, it is weaker, so Bitcoin is more suitable for investment and long-term prospects.
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Without being explained at length it is clear that the quality of Bitcoin is much better than YFI. Bitcoin has been proven to be able to survive 10 years. Meanwhile, YFI is still a newcomer to the world of crypto.
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There is a great difference between and old stuff BTC coin and a newbie project called YFI tokens. Firstly, BTC controls the entire crypto market including all Defi projects and it is very difficult for any other coins/token to break this dominant situations. In my opinion, comparing YFi token BTC is just a joke. BTC will remain the king for a very long time to come.
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YFI just trand of last year and and he did not bring any particular changes or innovations, which is why bitcoin was and will be the number one cryptocurrency, since it all began with it and it is recognized all over the world. YFI and Defi are only temporary trends and projects that will not reach such recognition as the first cryptocurrency in world, so they shouldn't even try to compete with him.
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Bitcoin is known worldwide, but YFI know by only the crypto community; if YFI makes its own blockchain, then not become popular then Bitcoin, maybe price more than Bitcoin, but in popularity can't more than Bitcoin.
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Even YFI exceeds Bitcoin with a surprise in terms of a price value in the market, it doesn't mean YFI is greater than Bitcoin, of course not! Because Bitcoin was already established their market and community in the entire world for a couple of years, and in that way, YFI can't able to defeat Bitcoin even in the future for sure aside from it is between Decentralize and centralize system.
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I think YFI will never be able to surpass Bitcoin even if the value of this currency goes up a lot. Bitcoin tops all currencies. Bitcoin and Ethereum are the best. In that case, if YFI is much better in the future of this currency, it will be below the bitcoin currencies.
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Both are different and one is people's trust and another one is market manipulation. We can not judge a project only by seeing its price. BTC is the father of all crypto currency but on the other hand YFI just a DeFi project that somehow manages to attract investors to its platform.
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i wont buy the idea of YFI to surpass bitcoin. its just a hype that created to surpass the price of bitcoin but at the end it wont even close to btc adoption and popularity. BTC is way far from FYI and i dont think yfi can match up to BTC even after several years.
You were saying that everything on YFI is getting hype .Its really true that it could be hype but it still a genuine idea of crypto platform .However some investor still don't want to buy it but i think if you got it in low price fill it it on your big to get a huge bull run for sure.
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Bitcoin vs YFI i think if you want big profit you have to buy YFI and also to much risky if bitcoin touch 20k YFI will touch 40k that difference go buy YFI.
Bitcoin q digital crypto which is the best Crypto in the world
Day by day people are going to adjust himself in bitcoin. Bitcoin a blockchain platform and yearns finance a popular Decentralized finance project.
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I think Bitcoin will not be overthrown by YFI despite in some times YFI value is higher than Bitcoin. Even though Bitcoin will decline, it wouldn't be defeated by YFI or any altcoins. Btc will stay as the king of Cryptocurrencies sphere.
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YFI was very popular when the price was able to surpass Bitcoin, even the price of YFI was very high at that time. But when we look at the market volume between Bitcoin and YFI, then Bitcoin is too strong to go beyond. Bitcoin volume is very much higher than YFI. For that reason Bitcoin is the number 1 Cryptocurrency that will not be beat by other coins, even though it has a price that is more expensive than Bitcoin.
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we can't even compare, bitcoin is the king, yfi is just a token with a small supply and some liquidity blocked, even with high prices these tokens can't even reach the top 10 on the crypto market. ETH is even better than YFI.
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Still I am believe that bitcoin is Just a best coin in my list . Yfi is also a premium coin , I also liked yfi because it's total supply is very low . Their is higher chance that it's price going to moon soon .
I still have some Amount of bitcoin as well yfi in my wallet as a long-term investment .
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The YFI currency is new, the total supply is low. And DeFi has improved a lot since it was a new surprise. So I think Bitcoin is the best currency. You can't suppress Bitcoin with any token or coin. So I don't think it's fair to compare these two currencies.
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Bitcoin is the best and although YFI price is sometimes higher than BTC, I don't think that it means YFI is better than BTC. We know the progress and development of BTC itself, how the struggle during this more than 10 years. And YFI is a new coin that jumps very highly only in several months.
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Bitcoin is the best and although YFI price is sometimes higher than BTC, I don't think that it means YFI is better than BTC. We know the progress and development of BTC itself, how the struggle during this more than 10 years. And YFI is a new coin that jumps very highly only in several months.
Price can't be the reason the coin is better, the coin is said to be quality based on its technology and usability, bitcoin has been showing that since 2009, and YFI? I haven't seen anything of value other than the price on the YFI coin.
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We have no doubt that bitcoin is the best currency. However, YFI is currently on the market as a new surprise. Because YFI is the most expensive of the many DeFi tokens. However, the total supply is much less. This is the main reason why prices have improved a lot.
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I see a lot of people agreeing with YFI,
But I don’t like YFI much.
Bitcoin is my first choice,
Because if Bitcoin was not born, the existence of cryptocurrency could not be found.
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bitcoin is a coins legend all the world already know that and various responses and also various judgments throughout the country if you pay attention to the price of btc from year to year its has increased and if YFI is currently the token trend at the moment and its just that and its value is very competitive with bitcoin.
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The YFI token drew attention to itself with a fast and very high price growth, having risen in price to more than forty-three thousand dollars in two months of its existence. Then it also suddenly dropped to eight thousand dollars, and now it is slowly rising again in price, again overtaking Bitcoin. Now the price of the YFI token is $ 26,703, and the capitalization is $ 800 million. Of course, the YFI token cannot be compared to Bitcoin, even though its price soars. Great things are seen at a distance. Let's see how YFI will behave after a certain time.
Yes time will say what the position and how YFI behave with traders . we will be waiting the certain time when will come .
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YFI and Bitcoin are currently widely discussed coins, especially after the price of YFI was able to exceed the price of Bitcoin, many people said YFI would become the new king in Cryptocurrency. But in my opinion that will not be possible, Bitcoin will be the number one coin!
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My opinion is clear enough that Bitcoin still becomes the king of crypto, the best crypto, and YFI is a new coin with a very high increase. SO, it doesn't mean that YFI can be a competitor of Bitcoin although YFI is in the new era of blockchain technology.
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Suddenly it was seen that the price of this token called YFI has doubled from Bitcoin. Although its current price is much lower, it is still higher than Bitcoin. And DeFi has several tokens that have become very popular. This is the first time in the cryptocurrency that the YFI token has been removed from Bitcoin.
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Recently yearns finance price more than bitcoin.
Yearns finance price today according to CMC.
Bitcoin price: $23555
(https://i.imgur.com/BW85JkS.jpg)
Yearns finance price : $25999
(https://i.imgur.com/LnIcTxJ.jpg)
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bitcoin is the most popular and important. But now the price of the new yfi was much higher than Bitcoin. However, Bitcoin has never been more popular in the market. YFI currently has good prices. However, the price of Bitcoin is rising at its own pace.
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Bitcoin and the YFI both are the good coins and the project is strong but the Bitcoin is the king of all coins and it run the crypto market when the BTC go high the all coins in the crypto market go high and when it comes down all the coins will down. We can not compare the YFI coin to the BTC.
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Yearn.finance surge from $32 to $40k, such a huge pump which was able to achieve through manipulation, qoute me but that's the fact.
How can you compare 21 million coin and a token created out of thin air, I will go with Bitcoin every night and day.
Can you check when the last time institutional investors talk about yearn.finance, I bet no one ever did that's why even the CEO left the project because he couldn't tailor his objectives.
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Yearsn finance (YFI) price again below bitcoin and now yearsn finance price $22445 where bitcoin price $25643 (according to coinmarketcap and coingekco report) . I think bitcoin will be more powerful upcoming year 2021.
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In terms of price, Bitcoin and WiFi tokens are not far behind each other. Are located close to each other. At present, analyzing the price of tokens shows that WiFi tokens are a little ahead of Bitcoin.
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No matter what the price of a coin, even if the Bitcoin price falls, it will not last long. Some days the YFI price was higher than Bitcoin but now the price of Bitcoin is higher than that again. Bitcoin is no use compared to the king of all coins. Even then, YFI is in a fairly good position.