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mamajeht94

Defi will attract millions of users.

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Defi as financial system more secured, will continue to attract millions of users next five years, and will be the fastest-growing industries in crypto.

 

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“Thanks to DeFi, for the first time in history, we can create a financial system that can operate automatically without human intervention and accurately calculate the risk-reward structure behind all assets and transactions, which completely changes the financial game. However, only a complete deal can save a lot of money in the DeFi space. When financial institutions need to invest millions or even billions of dollars in DeFi transactions or loan agreements, they are not willing to take the pricing risk from one person or a small group of people. Without proper risk management, they would not invest in a DeFi deal. While projects like Uniswap have laid a solid foundation for DeFi and attracted over 100,000 users, for DeFi to officially move from a "casino" to Wall Street, we need to move fully towards mathematical determination in the decentralized financial age. "

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Yes, they will attract millions of people, but let´s not forget that they are all products at the service of the community, it can be a good project but if you don´t have the publicity and people don´t comment on it or do not buy it, neither you nor the project will succeed.

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On 10/10/2020 at 8:18 AM, mamajeht94 said:

Defi as financial system more secured, will continue to attract millions of users next five years, and will be the fastest-growing industries in crypto.

 

It is like taking two steps backwards. It has not only attracted millions of cryptans, there have been billions of dollars locked already it different smart contracts by investors. At first, I thought the craze will be gone as fast as it came, but definitely I am convinced it is very far from over. We cannot predict or estimate how much will be invested in DeFi in the crypto space.

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My Altcointalks username —° Raqeebzy

 

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16 hours ago, Raqeebzy said:

It is like taking two steps backwards. It has not only attracted millions of cryptans, there have been billions of dollars locked already it different smart contracts by investors. At first, I thought the craze will be gone as fast as it came, but definitely I am convinced it is very far from over. We cannot predict or estimate how much will be invested in DeFi in the crypto space.

Of course @Raqeebzy we can't predict about how much will be invested in DeFi. But I think if behind DeFi project there is or there are a serious groups of person who manage it, is sure they have made their estimation. But I m sure they will attract millions in short time, because there are a lot of promotion about DeFi in many medial social communication. 

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Digital Finance DeFi has been a notion for crypto enthusiasts where they can make use of their crypto assets in a decentralized framework, setting it up just outside the box, yet without government control or any central authorities as like in Bitcoin network. DeFi has been a trend changer in cryptocurrency world, and is adopted for making our financial systems more transparent, more resilient and less fragile. As DeFi has been the fastest growing sector in blockchain, it seems to attract millions of crypto users, and there's no any doubt on this thing.

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DeFi which is short for decentralized finance is actually becoming a global thing it keeps growing every moment so we need to keep on using it and make sure that we are able to really define it working perfectly so when using decentralized systems we need to really enjoy every single thing that is going to be in the latter date, this is really beautiful and we should keep on working with it.

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4 hours ago, tienda said:

Of course @Raqeebzy we can't predict about how much will be invested in DeFi. But I think if behind DeFi project there is or there are a serious groups of person who manage it, is sure they have made their estimation. But I m sure they will attract millions in short time, because there are a lot of promotion about DeFi in many medial social communication. 

More like you didn't read my comment from the beginning sir/ma?. "DeFi will attract million is a discussion that should have been ended several months ago. DeFi has attracted millions and billions of funds are already locked in it. 

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My Altcointalks username —° Raqeebzy

 

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On 11/8/2020 at 8:34 PM, Raqeebzy said:

It is like taking two steps backwards. It has not only attracted millions of cryptans, there have been billions of dollars locked already it different smart contracts by investors. At first, I thought the craze will be gone as fast as it came, but definitely I am convinced it is very far from over. We cannot predict or estimate how much will be invested in DeFi in the crypto space.

Well said. DeFi sector is struggling to make its own pace as devs still have to implement so many security layers to make sure any DeFi protocols are of bugs free. Complex programming could exhibit so many bugs which will be exploited by the scammers. Maybe trust issue, so many investors are getting away from DeFi to CeFi again 😂

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5 minutes ago, Whited35 said:

Well said. DeFi sector is struggling to make its own pace as devs still have to implement so many security layers to make sure any DeFi protocols are of bugs free. Complex programming could exhibit so many bugs which will be exploited by the scammers. Maybe trust issue, so many investors are getting away from DeFi to CeFi again 😂

To be honest with you. I really don't understand new gentle wave from DeFi to CeFi again. Infact, from your previous topic, I have to do a separate research on how it is different from DeFi apart from centralisation after coming across it. One thing I am certain about, it won't grow as much big as decentralized finance.

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My Altcointalks username —° Raqeebzy

 

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13 minutes ago, Raqeebzy said:

To be honest with you. I really don't understand new gentle wave from DeFi to CeFi again. Infact, from your previous topic, I have to do a separate research on how it is different from DeFi apart from centralisation after coming across it. One thing I am certain about, it won't grow as much big as decentralized finance.

@Raqeebzy Concept of creation DeFi is incredible but what really happened to cool down DeFi craze was, investors started to doubt on the platforms once they noticed some biggest platform's smart contract had bugs and it was exploited by the hackers. 

If the cool DeFi platforms are about to evolve, really system architecture should be well-maintained. 

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11 minutes ago, Whited35 said:

@Raqeebzy Concept of creation DeFi is incredible but what really happened to cool down DeFi craze was, investors started to doubt on the platforms once they noticed some biggest platform's smart contract had bugs and it was exploited by the hackers. 

If the cool DeFi platforms are about to evolve, really system architecture should be well-maintained. 

And that's why enough time is to be taken before investing, more like I do (without being self appraising 😅). So instead of jumping from DeFi to CeFi like you said, proper checks ana satisfaction should be achieved first. DeFi has been the hottest cake for investors and also by far the biggest fish for hackers and fraudsters to come under.

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My Altcointalks username —° Raqeebzy

 

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Certainly, as Defi Finance is de-centralized i'm new in that field, millions of users will be attracted to using these platforms called Defi, we have a like Uniswap that will grow, it is a community of users, they will invest liquidity and generate profits among themselves using their ERC20 Wallet, the Ethereum network will have to pay high fees but Today is the network of Binance smart Chain BSC whose fees are lower. Thar network has Tokens Coins,Smart contracts,Protocol,Dapp and ERC20 wallet

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Plus one to this thread. I also think that DeFi will attract a lot of users or investors because of the recent success of Yearn Finance. YFI became above Bitcoin in terms of price and it even gone over Bitcoin's highest price record which is 20k dollars.

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Аналитическое агентство  по защите прав понитециарных* инвесторов бьет тревогу изо количества скам проектов в сфере DeFi число которых превышает 95% процентов. Стоит помнить сто в нерегулированной сфере гарантом возврата средств не выступает не кто и не что!

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Yes i am also think so.I know defi has great futures.This is now very promising and popular currency.More crypto company works with defi.This is very safe cryptocurrency.

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Yes defi is most attractive coin but it's lot of scammer that's way many people very think about that they buy or not.

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Defi will absolutely attracts the new coustmers in the future and can get up to millions of users due to its privacies and financial system because  it has a secured platform in crypto world .In future it will makes billions of users and ranked first in the crypto community.

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Defi decentralized finance Is the merger of traditional bank services with decentralized technologies like blockchain etc . As it the secured system which definitely attract the million of users towards itself. 

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Heard about this project around a half year ago. Although its been here awile for now. I think this "defi" thing will have it's up and downs,like bitcoin. Maybe it will be a excellent aportunity to earn money.

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i see defi as a scamming method because so much user lost his money at value loses of defi tokens and also defi platform like harvest finance is hacked more than once. defi is ico 2.0

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On 10/10/2020 at 3:18 PM, mamajeht94 said:

Defi as financial system more secured, will continue to attract millions of users next five years, and will be the fastest-growing industries in crypto.

 

Since DeFi was created or a movement created to enable these Decentralized Networks to market their financial products into trustless and transparent protocols that run without intermediaries. There are a lot of DeFi projects though and I am familiar with the DAO Projects since I have read a lot about it before. 

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Perhaps there will be millions but they are still met with skepticism by most people. We still see problems with flash loans and even audited tokens get attacked and lose millions, which of course are lost by the customers as it is decentralized exchanges and smart contracts.

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DeFi is the future and complement of bitcoin. These days the growth of BTC has been seen reaching almost 20,000 USDT due to the fact that many institutional investors are investing in this great project and this generates greater adoption of BTC in the world and the same I imagine will happen with DeFi gradually it goes from the banking system to DeFi as from fiat currency to cryptocurrencies.

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It is great that yobit has partnered with defi to bring up the defi in their exchange and user can buy and sell but i don't know how this is working

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