Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Lorix on November 09, 2020, 11:56:53 AM
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Will DeFi remain as technology or will it be destroyed? I heard a rumor, the allegation said Defi will not exist. But DeFi came on the market with good plans. I think it will remain as technology. But blockchain technology or say platforms will survive forever. The rumors I have heard are true, what kind of possibilities are there? please discuss your opinion.
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DeFi is a development of blockchain technology that combines financial and cypto systems. so I think DeFi will always live and develop because it has become a necessity
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DeFi will help blockchain technology move forward. It will help meet market demands. Financial aspects are a consideration. I think DeFi will survive as much as DeFi will help improve the blockchain. The current defi situation is somewhat declining. But I believe it will be as active as before. We must be patient.
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Will DeFi remain as technology or will it be destroyed? I heard a rumor, the allegation said Defi will not exist. But DeFi came on the market with good plans. I think it will remain as technology. But blockchain technology or say platforms will survive forever. The rumors I have heard are true, what kind of possibilities are there? please discuss your opinion.
No at all. Defi becoming more and more popular day by day. Now a days all projects are arranging it technical white paper on Defi projects overview. I think in future Defi projects create an strong bonding with blockchain, financial and boarderless marketing.
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The current state of DeFi projects remains tense. But I think the situation will jump further up. Since gaining popularity. Of course there will be improvements. But we have to be patient. The current situation is a little downward. However, DeFi projects will not take long to go up. Since it is a new one in the market, it has gained popularity for quite some time. I believe that this popularity can be maintained
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I do not think that defi sphere will simply die, because there are already a lot of companies developing in the defi sphere and a lot of companies using technologies from the defi sphere, and I don’t think that it will be so easy for these companies to leave the defi sphere later if the defi sphere somehow will die, I am sure that many companies will still develop in the defi sphere, even if the defi sphere will become unpopular.
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DeFi is the purpose of blockchain and crypto, when power is shared among everyone in the economy, development is not constrained or manipulated by the hands of government. However I understand that the DeFi you want to mention is DeFi projects operating on liquidity pools...
In my opinion, such projects are bringing great profits in the farming period to dominate the market. After this period, they can become lending/borrowing platforms or develop into liquid pools with more affordable returns.
In the worst-case scenario, DeFi could develop into a bubble before it explodes and handing misery to late investors.
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From the start, I was actually not sure that DeFi would be fully implemented in the general public, Defi, which means that Decentralization of Finance will be difficult to succeed. This is because there will not be 100% trust from most people to lend their assets, but the price of DeFi coins is soaring that people respect DeFi. We'll see, how long this DeFi project will last.
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So far, there is no reason to believe that DeFi projects, like the technology of decentralized finance itself, can die. Many of them have their own practical application and are quite in demand by society. In terms of cryptocurrency, DeFi projects are flourishing so far. They gave a powerful impetus to the development of ICOs and rocked the entire cryptocurrency market.
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Will DeFi remain as technology or will it be destroyed? I heard a rumor, the allegation said Defi will not exist. But DeFi came on the market with good plans. I think it will remain as technology. But blockchain technology or say platforms will survive forever. The rumors I have heard are true, what kind of possibilities are there? please discuss your opinion.
Where you get this kind of news? I don't believe at all because no platform completely destroyed. As an example ethereum, bitcoin, tron, stellar platforms becoming more stable, popular and powerful with the rate of time. So Defi will be more powerful in future and increasing more and more investors.
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DeFi Most of the projects over the last few days have been very exciting. Prices have started to rise. DeFi is gaining importance in enriching financial services. Even after DeFi went down a bit, the last stage of speculation has certainly started to return to its previous position. There are possibilities in the future. Defi is important for enriching financial services and giving more people more access to transactions.
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Whether DeFi will leave or remain, no one knows yet, only time will tell. After all, along with the advantages, DeFi has many disadvantages. For example, liquidity and credit risks, another problem for DeFi using cryptocurrencies as collateral, is volatility. If the price of the underlying assets locked in the CDP falls rapidly, massive asset liquidation occurs and the system may collapse. This is one of the problems - there are many of them, and until they are all resolved, the DeFi issues, in my opinion, remain.
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DeFi was very popular when it first came on the market. And in terms of plus, it can be seen that some of its token prices were skyrocketing. But again it is seen that its popularity is declining again day by day due to running many scamming projects. But it is my long-held belief that the blockchain will last a lifetime.
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Will DeFi remain as technology or will it be destroyed? I heard a rumor, the allegation said Defi will not exist. But DeFi came on the market with good plans. I think it will remain as technology. But blockchain technology or say platforms will survive forever. The rumors I have heard are true, what kind of possibilities are there? please discuss your opinion.
Where you get this kind of news? I don't believe at all because no platform completely destroyed. As an example ethereum, bitcoin, tron, stellar platforms becoming more stable, popular and powerful with the rate of time. So Defi will be more powerful in future and increasing more and more investors.
Yes brother you are absolutely right. I think of course no project ends at all. Even after that the popularity of this DeFi is but a lot. And a lot of investors are investing in it. Again, there are some DeFi coins whose price is much higher than Bitcoin.
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Only scams and fake projects will be destroyed soon. Don't invest in such kind of scam and fake projects.
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Defi can't be destroyed. This is because of the large investments in Defi. It recently lost huge amount recently and it recovers half in fee Days. This shows how huge defi is.
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DeFi hype is gone, only few will survive as time goes on. Looking at DeFi for long term, it will be difficult to actualize the true intentions of decentralized finance. We have seen many hacks on pools token, many exit scams of new and old projects.
They aren't really different from the last 2017 ICO hype, there are few examples I will still add to my portfolio, they encompasses - DIA
- Chainlink
- Polkadot
- Yearn.finance
- Uniswap token
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I think DeFi will continue to exist. Because it is very popular now. I don’t think DeFi is currently being destroyed as a result of its worldwide popularity. So we should give importance to DeFi projects. Because there will come a time when DeFi will improve.
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DeFi is a big advance in the world of crypto and internationally. In some countries, this news is spreading, how can that be? Yes, the decentralized system makes this financial platform the choice of many people, even though you must have money to invest in the platform , but in fact an investor is interested in the new altcoin that is being developed in the DeFi project and the system and ideas they develop are working well, it can be seen from the high price of the new DeFi altcoin.
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The DeFi project has become very popular in a short time. I saw again that by investing in it, the meeting has benefited a lot in a short time. This is why it has been seen that many scammer managers get some opportunities and run scam projects in the meantime which has resulted in some notoriety of this project. But I think the DeFi project will never end.
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The DeFi project that going to vanish away, is those project that has no team of the faked team, it's been happening already in the fast most of the fake team was disappeared and gone with the wind.
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There are a lot of people who want fast money credit and DeFi provides a good decentralized system to keep the users' priorities.
The DeFi project will continue to grow and will not die, we can see that some financial platforms in the world have a lot to benefit from the annual or monthly interest they have.
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Defi projects have just started, I think they will continue for a while. It is also necessary to consider this well. Not all Defi projects are reliable. After all, this is something that has no history. Therefore, one should be very careful when investing. Even old coins were Defi for what I did not understand. Some privacy-oriented coins have even become Defi. These situations seem a little interesting to me.
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DeFi is a blockchain development and technology that combines financial systems and cryptocurrencies so I think DeFi will always live and develop because it has become a necessity too
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Only projects fraudulent or created to rug would be destroyed about the bull market; defi platforms will be here for a very long time unless they lack funds and are unable to continue but i believe not such. Pancake, uniswap, aave and 1inch to mention a few has set standards that will only get better and get more valued
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I cannot understand the real purpose of this question. DeFi projects must destroy something, or vice versa, something threatens DeFi projects. I believe that today the Defi industry itself is under threat from a lot of fraud. It's no secret what capital was stolen by fraudsters for the entire 2020 thanks to fraudulent DeFi projects.
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I don't know why you don't believe or I guess doubtful of DEFI existence in this digital crypto ecosystem. In fact DeFi tokens are mooning in the past days and some are still going strong even until now while some of cryptos are in red. DeFi tokens are active and going to moon due to great demands and interest of crypto enthusiasts.
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Defi can't be destroyed. This is because of the large investments in Defi. It recently lost huge amount recently and it recovers half in fee Days. This shows how huge defi is.
The evolution of Defi started as a play and here it's been embrace by different developers with different approaches and mission to solve many problems of traditional system.
Indeed it cannot be destroyed but still there are many Defi that will be forgotten along the line. Why? Because they don't have much to offer than just quick profit and short term greedy oriented development.
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I think of course, as long as cryptocurrency exists in the world, defi blockchain technology will exist. However, at present its popularity is increasing day by day. Many people think that this project will be destroyed very soon. But no, it will never be destroyed. It will go further in the days ahead.
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IMHO right now Defi projects based on Etherum as layer 1 are being destoyed by overpriced etherum which gas denominates in to. So I am rather dissapointed and do not expect any spectacular gains in market value for Defi projects based on etherum
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DeFI (decentralized finance) a system of developing blockchain platform which combines both finance and cryptocurrencies with a technical manners. But only non technical tools decentralized finance projects will destroy from market one-day.
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If DeFi becomes the most popular industry not only in the cryptocurrency market, but throughout the world, then the end of the banking system could really come. Of course, the financial market is large enough and there may be enough space for everyone to work, including the banking system, but it will not be competitive in comparison with DeFi.
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I am not agree with this concept because if you analyze the market and the defi tokens then definately defi is the best. The price movement is so high in defi tokens. So i think defi will not destroy.
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Is it true that the existence of this Defi will make this world to be different?
I cannot destroy myself if we are not too careless in deciding the right to buy.
Defi is part of the new technology and ways to avoid scammers. but didn't mean that we can destroy another network