Quote from: Perfect35 on August 08, 2020, 10:54:54 PM

Quote from: seven.71 on August 08, 2020, 07:10:37 PM

it is too overhype and this trend will not last long, only a few protocols will survive, that's for sure what will happen in the next few months

There are already classic Def projects trending and the trend will continue at least for the next decade if crypto is still in existence. This is an innovation that has been projected for a long time now, but could not come into thelight of the day, because some developments were still ongoing. Now that some of them now have their techs ready and in good form, with regular updates, their will be substantial growth in the sector.

only a few will survive and this is the ongoing hype like 2018 with many ICO

Quote from: bitkanu on August 09, 2020, 01:10:22 PM

Quote from: pilosopotasyo on August 09, 2020, 06:52:33 AM

Quote from: jayson (www.torum.com) on July 21, 2020, 08:47:48 AM

Since DeFi is now the trend in the crypto space, and lots of people are speculating for the plunge in Bitcoin and other top cap coins, do you guys believe we are going to see a downward movement in the coins?

How can it be a threat when they are chained in the top coins in the market and besides they are contributing and they have their own set of rules and algo very much apart from other Crypto they just bring something new to the table to strengthen the industry and make it acceptable to other institutions.

I think that when we are seeing some major coins and they have no utility usage and I can try to take how EOS has already failed to become the next ethereum and some NEW defi coins have a better implementation.
Defi can be a threat for any coins for sure even for its chain that being used to build the defi too.

the top coin remains a good choice for longterms despite the recent decline due to Hype DEFI
almost the entire DEFI is made on the etherum protocol while etherum has limitations in making transactions, we can see how the gas costs are very high, one of the bombers, if etherum 2.0 will delay again and a large dump occurs