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Author Topic: Bitcoin vs YFI  (Read 7861 times)

Offline Condorlaib

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Re: Bitcoin vs YFI
« Reply #45 on: November 22, 2020, 06:38:56 PM »
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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Re: Bitcoin vs YFI
« Reply #45 on: November 22, 2020, 06:38:56 PM »

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Re: Bitcoin vs YFI
« Reply #46 on: November 23, 2020, 02:41:05 AM »
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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Offline Alcor

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Re: Bitcoin vs YFI
« Reply #47 on: November 23, 2020, 07:06:47 AM »
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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Re: Bitcoin vs YFI
« Reply #48 on: November 23, 2020, 07:26:00 AM »
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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Re: Bitcoin vs YFI
« Reply #49 on: November 23, 2020, 07:40:39 AM »
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.

Offline Tnoy30

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Re: Bitcoin vs YFI
« Reply #50 on: November 23, 2020, 07:44:50 AM »
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.

Offline Lenipiw

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Re: Bitcoin vs YFI
« Reply #51 on: November 23, 2020, 11:31:38 AM »
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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Re: Bitcoin vs YFI
« Reply #51 on: November 23, 2020, 11:31:38 AM »


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Re: Bitcoin vs YFI
« Reply #52 on: November 24, 2020, 01:11:55 AM »
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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Re: Bitcoin vs YFI
« Reply #53 on: November 24, 2020, 05:51:39 AM »
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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Re: Bitcoin vs YFI
« Reply #54 on: November 24, 2020, 06:22:44 AM »
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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Re: Bitcoin vs YFI
« Reply #55 on: November 24, 2020, 06:45:43 AM »
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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Offline Fenix

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Re: Bitcoin vs YFI
« Reply #56 on: December 05, 2020, 06:45:46 AM »
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.

.FX..BOX.
 
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
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Offline Gravatai

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Re: Bitcoin vs YFI
« Reply #57 on: December 05, 2020, 07:33:57 AM »
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.

Offline Sentinel

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Re: Bitcoin vs YFI
« Reply #58 on: December 05, 2020, 07:51:03 AM »
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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Offline Bobcrypto

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Re: Bitcoin vs YFI
« Reply #59 on: December 05, 2020, 10:09:55 AM »
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.

.FX..BOX.
 
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INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
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.FOREX..TRADING FROM $1.
 
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