Ethereum's DeFi tokens are rapidly outpacing Bitcoin - Page 8 - Defi - CryptoTalk.Org Jump to content
Whited35

Ethereum's DeFi tokens are rapidly outpacing Bitcoin

Recommended Posts

The truth is that the world of RC20-based tokens has multiplied.:classic_smile:

 

The Defi are gaining a lot of ground and may be decentralized, they are also gaining many followers.

The future of crypto wants to be the absolute control of money, thus being able to control its roots and its movements, that is why the Defis have a very important role since the rstrera is not so simple for official bodies.:classic_blush:

  • +5 1

As always be good and enjoy.:classic_rolleyes:

Share this post


Link to post
Share on other sites

The truth in my opinion DeFi is completely taking control of the market and this in turn is what makes Ethereum have massive profits as can be seen in the image you showed us, that is to say, Bitcoin is not the one that offers the greatest Profit is being outpaced and by far by DeFi

  • Useful or interesting 1

Share this post


Link to post
Share on other sites
11 hours ago, Tapiwazw said:

@Whited35so what advice can you give to someone who is considering investing in DeFi tokens. I have noted from your statement that DeFi is still highly risky as compared to mainstrean token and coins

@Tapiwazw Myself, I am into yield farming or liquidity mining to expect rewards in the governance tokens but I do not recommend it to everyone without solid skills and experiences. Yes investing in DeFi products are extremely riskiest but beauty is, high risks high rewards 😉


 

 

Share this post


Link to post
Share on other sites

Ethereum defi tokens are rapidly growing like YFI coin price is higher than the bitcoin price. Defi coin are booming day by day.


It's my signature

 

 

IMG_20191208_161106161_3.jpg

Share this post


Link to post
Share on other sites

The boom of defi reminds me of the boom of ethereum tokens, when they came out for the first time, everyone wanted to buy them and have them, then we already saw how it all ended, many people cheated and scammed by fake projects.

Share this post


Link to post
Share on other sites

This I cannot agree with you. I wonder why Ethereum’s DFI tokens can’t quickly outperform Bitcoin. .Because the popularity of Bitcoin is increasing day by day, so many Bitcoin investors thank you for sharing this with me

Share this post


Link to post
Share on other sites
On 10/11/2020 at 7:12 AM, Katynguyen said:

The truth in my opinion DeFi is completely taking control of the market and this in turn is what makes Ethereum have massive profits as can be seen in the image you showed us, that is to say, Bitcoin is not the one that offers the greatest Profit is being outpaced and by far by DeFi

@Katynguyen So what do you think, can DeFi be helpful to boost up Bitcoin? You can see a massive amounts of tokenized BTCs are locked in the smart contract of DeFi platforms in the form of WBTC. 


 

 

Share this post


Link to post
Share on other sites

Defi is good but my worry is the proliferation. There are way too many projects promising same thing but delivering too little or nothing. Many of them die immediately they are listed in exchange.

  • +1 1

Share this post


Link to post
Share on other sites
On 10/6/2020 at 8:49 AM, Whited35 said:

@KelvinSC Are you into DeFi to invest the amounts to expect the passive incomes. In the past, DeFi tokens' crazes were stunning and some tokens were seen at the extreme peak of the price spike. Now, craze is in downtrend, I do not know what will be its base. 

i think now everyone sees the truth about how defi craze was just another scam and coins are losing its momentum and we hear stories of people who lost 360k in defi market, stick with your trading and that will be better.

  • Useful or interesting 1
  • +2 1

Share this post


Link to post
Share on other sites

It will never be possible.  Because Etherium DFI can never surpass Bitcoin.  Because Bitcoin is a very valuable and very popular currency.  Ethereum currency will never be popular with Bitcoin.  It will never happen.  The number of Bitcoin users is increasing day by day

Share this post


Link to post
Share on other sites
On 10/16/2020 at 1:58 PM, Naga said:

i think now everyone sees the truth about how defi craze was just another scam and coins are losing its momentum and we hear stories of people who lost 360k in defi market, stick with your trading and that will be better.

@NagaMaybe DeFi platforms you are citing for. Well, I can agree with a fact that extreme DeFi crazes propels a huge amounts to lock in the smart contracts of DeFi platforms because some Yield farming platforms were generating an incredible amounts as returns. 

  • +2 1

 

 

Share this post


Link to post
Share on other sites
53 minutes ago, Whited35 said:

@NagaMaybe DeFi platforms you are citing for. Well, I can agree with a fact that extreme DeFi crazes propels a huge amounts to lock in the smart contracts of DeFi platforms because some Yield farming platforms were generating an incredible amounts as returns. 

trust me that is how all scams start, they give you incredible returns at first and once more people get in and invest more then thats when it dump, I personally read many people already lost a lot of money there, and its just starting.

  • Useful or interesting 1
  • +3 1

Share this post


Link to post
Share on other sites
4 hours ago, duncun007 said:

trust me that is how all scams start, they give you incredible returns at first and once more people get in and invest more then thats when it dump, I personally read many people already lost a lot of money there, and its just starting.

@duncun007 Everything on DeFi system are carried out by the smart contacts. Concept itself is not bad but some advanced architectures are needed for DeFi platforms to ensure the top class security to the users. There will be no middlemen, user can have full financial freedoms. 


 

 

Share this post


Link to post
Share on other sites
7 hours ago, Whited35 said:

@NagaMaybe DeFi platforms you are citing for. Well, I can agree with a fact that extreme DeFi crazes propels a huge amounts to lock in the smart contracts of DeFi platforms because some Yield farming platforms were generating an incredible amounts as returns. 

To me so far there were two bubbles in crypto, the first one was the ICO scams with high returns back in 2017, and now its this DEFI crazy, i dont know how people dont learn from their mistakes.

Share this post


Link to post
Share on other sites

Defi is the Boom of 2020, but we need to be careful because for example coins like YFI and IFY2 are too suspicious and maybe they are just using defis popularity

Share this post


Link to post
Share on other sites
5 hours ago, Naga said:

To me so far there were two bubbles in crypto, the first one was the ICO scams with high returns back in 2017, and now its this DEFI crazy, i dont know how people dont learn from their mistakes.

@Naga Brother, wait.How can you accuse DeFi as a scam in this way? Here are so many things involved. Profit or loss depends on market conditions and adoption rates of some governance tokens from DeFi protocols. Just by taking some points, we can not represent entire industry scam. 


 

 

Share this post


Link to post
Share on other sites

y a des pièces qui ont une valeur plus élevée que le bitcoin qui les compare vraiment aux bitcoins, pour être en concurrence avec le bitcoin, il faut des millions d'utilisateurs / hodlers et devrait en avoir un bon volume, toujours vu de telles pièces ou jetons aller et venir dans la veine

  • -5 1

Share this post


Link to post
Share on other sites
On 10/23/2020 at 8:10 AM, veimaralex said:

Defi is the Boom of 2020, but we need to be careful because for example coins like YFI and IFY2 are too suspicious and maybe they are just using defis popularity

@veimaralex Suspicious projects are to leave as they are more likely to have bug in their smart contracts. There are already some well-established DeFi applications like Uniswap, MakerDAO, and Compound etc. You can kindly check them before making any decisions. Also I ask you to check uniquness of DApp.  


 

 

Share this post


Link to post
Share on other sites

I think really what happens right now with Ethereum DeFi token, they are promoting it with promotion of offering some free Tokens in exchange for investing in some Tokens with Ethereum, so it is logical there are many people who invest on it.


 

468x60.gif.2f5be3d8fc5caf83e400a2cd4d4ca105.gif

Share this post


Link to post
Share on other sites

eth's ecosystem is doing very well. I think this defi trend will be very similar to the coin mlm trend. One thing that proves that all the defi tokens do not have a good price they push the price to the highest price then dump, which makes the tokens not recoverable.

Share this post


Link to post
Share on other sites

Ethereum-based Defi could overtake bitcoin in the near future as Defi are something new and the community is being drawn to invest liquidity liquidity in these de-centralized projects even with slightly high fees. some of those tokens could outperform bitcoin as there are more investors in the Ethereum network and DeFi.

Share this post


Link to post
Share on other sites
3 hours ago, tienda said:

I think really what happens right now with Ethereum DeFi token, they are promoting it with promotion of offering some free Tokens in exchange for investing in some Tokens with Ethereum, so it is logical there are many people who invest on it.

@tiendaNot all DeFi tokens are the best performing and those who have already broken the most of the records, are supported and backed by the strongest crypto community.Let's see how long this DeFi craze will last. 

2 hours ago, raking said:

all the defi tokens do not have a good price they push the price to the highest price then dump, which makes the tokens not recoverable.

It depends on the acceptance rates of tokens by the crypto community. Regarding the pump and dump, some bigger players might get the benefits by playing the games for tradings. 


 

 

Share this post


Link to post
Share on other sites
On 10/28/2020 at 3:48 PM, hungbingbong said:

defi will be the trend in the future, so there is nothing to discuss about its development. Confidentiality, safety, speed will put defi first

Why there is nothing to discuss about DeFi ? Did you mean safety of DApp and well-constructed smart contracts ? If yes, so many developers are rolling on to create the best possible blockchain architectures with all possible top classed security layers. 


 

 

Share this post


Link to post
Share on other sites
1 hour ago, gogandr3 said:

Defi seems to be sustainable as they have liquidation options. There is risk involved as price of the altcoins people invest can go down a lot, making profits from yield farming dissappear.

Profits from Yield farming or liquidity mining to earn governance tokens as a reward depends on so many factors but clearly,  things are needed to be fixed in case of DeFi sector. 

13 minutes ago, Prt Btc said:

Ten DeFi tokens grew more than Bitcoin and the entire cryptocurrency market in the last three months

Yes, price of YFI from Yearn Finance grew more than our exceptions but its price started to follow downtrend when DeFi craze also started to go down. 


 

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Welcome to OBANZE world! $OBANZE, the freshest meme token and NFT COLLECTION on the TON blockchain, designed to fuel your crypto ride with a mix of dank memes and cutting-edge tech. OBANZE isn’t just another meme coin; it’s a community-powered phenomenon packed with high-speed transactions and low fees, thanks to TON's slick tech. OUR TOKENOMICS OUR ROADMAP HOW TO BUY While our team is hard at work developing the OBANZE NFT collection, we are offering you a golden opportunity to join the WHITELIST for the upcoming $OBANZE token airdrop! Why you should join the $OBANZE WHITELIST? Today, you can become a part of this revolutionary project by joining the $OBANZE Token Airdrop Whitelist! Here are some compelling reasons to act now: Exclusive Early Access: The first 1,000 registrants will receive 5,000 $OBANZE directly into their accounts! Prize Pool for All: An additional prize pool of 1,000,000 $OBANZE will be shared among the remaining participants. Exciting Giveaway: Don't miss your chance to participate in this thrilling giveaway and secure your spot in the OBANZE community! How to join the  WHITELIST  1 Visit the Website: Go to https://obanzecoin.io  2 Register Your Details: Fill out a simple registration form to secure your spot.  3 Get Verified: Complete any required verifications.  4 Receive Your $OBANZE: If you're among the first 1,000, you'll receive 5,000 $OBANZE directly. Otherwise, you'll still be eligible for the additional prize pool. Join Us Today! The Obanze community is growing, and we want YOU to be a part of it! Secure your spot in the $OBANZE Whitelist today and embark on this incredible journey with us. Don't miss your chance to be at the forefront of a new crypto revolution! Stay Connected  • Website: https://obanzecoin.io  • Twitter:@OBANZECOIN  • Telegram:t.me/obanzecoin Join us now and let’s make crypto history together! OBANZE!  
    • VPS сервера от 6$Выделеные сервера от 54$Сервера с GPU от 300$с полным списком услуг можно ознакомится на нашем сайтеDEDIONE-Available Serversнаши контакты:TG: https://t.me/Alffi_Solomonsподписывайтесь на наш канал переодически добавляем сервера с большими скидками или совершенно бесплатно.ссылка на канал https://t.me/+u1QBackNiKZjYWVk
    • Рады сообщить об успешном сотрудничестве нашего сервиса с мониторингом change.pro
    • 🚀 Покупаем Криптовалюту 💵 USDT за наличку USD 2.4% За 10000 USDT -> получаете 10240 USD   💲 Продаем Криптовалюту 💼 Наличка USD>USDT +3% За 10000 USD -> получаете 9708 USDT Наш сайт.  
    • Уважаемые, клиенты! Теперь курс на P2P направления стал еще ниже и выгодным для Вас.С карты на крипту, с крипты на карту - Вы сможете купить, продать валюту за хороший курс и минимальную сумму.Так же, мы принимаем индивидуальные заявки от Вас, если нужно обменять сумму меньше или больше - чем доступно на сайте, для этого Вам нужно обратиться в Telegram, оператор ответит моментально и обработает в кротчайшие сроки Вашу заявку!Так же, мы выдаем наличные по заказу за несколько часов, в скором времени направления с наличными будут добавлены на сайт с полной информацией.С Уважением, обмен-сервис Finansovich.
    • В Индонезии создают Комитет по криптовалютам   В обязанности комитета будет входить анализ и предоставление отраслевых отчетов о ситуации на рынке, управление центральной базой данных о крипторынке, оценка рисков криптовалют, право предлагать или исключить виртуальные монеты из листинга на биржах.   Создание комитета было предусмотрено указом регулятора № 01/KEP/01/2024. В агентстве подчеркнули, что все компании и ассоциации, имеющие отношение к виртуальным активам, должны предоставлять полную информацию о своей деятельности новой структуре, если не хотят проблем с законодательством.   Ранее Главное налоговое управление Индонезии (DGT) и Австралийское налоговое управление (ATO) подписали соглашение о механизме обмена информацией о криптовалютах в отношении лиц и организаций, чьи налоговые обязательства могут возникнуть в обеих юрисдикциях. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2415973
    • Да у него достаточно реалистичные и консервативные прогнозы, не 500к или 1 млн и глядя на ситуацию сейчас вполне нормально выглядит цена в 150 и даже 200к
    • Надо признать, у него умеренный и обоснованный прогноз, особенно на фоне многих ярых аналитиков. И сроки предполагает разумные. Если не случится ничего экстраординарного в мире, то 117% биткоин наберёт. Понятно, что чем выше происходит подъём, тем крупнее требуется капитал для заметного изменения цены, следовательно фееричных темпов роста, которые произошли в середине его развития, не следует ожидать. Однако это всё равно движение и огромные деньги.
    • The ICE token is now listed on LetsExchange ICE, the dynamic token driving the Ice Open Network (ION) ecosystem, is now available for trading on LetsExchange, a go-to crypto exchange hub supporting over 4,500 cryptocurrencies.   The crypto community can now swap ICE through the exchange widget on the LetsExchange website and partners’ platforms using ready-made crypto exchange solutions powered by LetsExchange. When swapping ICE using LetsExchange functionality, users can choose between a market and a fixed rate. The first one allows the exchange rate for a swap to follow market fluctuations, which might benefit the user and lead to slippage in some cases. LetsExchange automatically selects the best exchange rate among 20+ liquidity providers integrated with its platform to provide the best conditions for users choosing this option. Users selecting a fixed rate can avoid slippage, representing a helpful feature in the volatile crypto market.   To contribute to fostering the visibility and adoption of the ICE token, LetsExchange and the ION team are planning joint co-marketing activities, including an ask-me-anything (AMA) session and an interview with members of the ION team. LetsExchange and Ice Network will announce these events on their social media channels.   Alex J., Chief Product Officer (CPO) at LetsExchange, commented: “We are thrilled to announce the listing of the ICE token on our platform. We are certain that many users will welcome this investment and trading opportunity. We hope this listing opens the door for further collaboration with the Ice Open Network team.”   Ice Open Network (ION) is a Layer-1 blockchain engineered for high performance, facilitating fast, scalable, and unrestricted digital interactions, ensuring user freedoms and robust network integrity. Ice Open Network is also building a dynamic ecosystem for seamless decentralized application (dApp) development, with a platform designed to be censorship-resistant, empowering individuals worldwide to create applications that prioritize user privacy and autonomy. The ICE token powers the ION ecosystem and can be mined through a groundbreaking tap-to-mine app launched in July 2023.   LetsExchange is an industry-leading exchange platform that supports over 4,500 coins and tokens, the biggest number of assets in the market. Along with crypto-to-crypto swaps, users can benefit from DEX and on-ramp/off-ramp functionalities. LetsExchange’s partners can integrate crypto-to-crypto swap functionality through API. DEX and Buy/Sell functionalities are also available through adjustable exchange widgets and Telegram bots.
×
×
  • Create New...