Quote from: joniboini on November 18, 2020, 03:28:58 PM

On what basis? CEXs are starting to copy what those DEXes did, and I bet most traders still look for liquidity with low cost for trading.

I honestly hope the next bull run will be fueled by utilities and fundamental usages instead of hype.

Who will need DEX? I remembered I read a discussion about it on the forum weeks ago. After DeFi plummeted, the reason was raised again that whether DEXes are better than CEXes and who will need DEXes. It does not take into account the fact that most of self-claim DEXes are actually not decentralized platforms at all.

Quote from: boyptc on November 18, 2020, 04:14:41 PM

IMO, the next trend will be the same as the cycle before.

What if ICO will come back in life and PayPal will start it out? Citibank is also showing the sign of its interest or they have already had an entry to it and they'll start the same hype as before?

My thought is it depends on the trend of the market: bull or bear. Big positive news always boosts the market up but its effects often are bigger in bull trend and smaller in bear trend. The same goes for negative news.

Companies come and go and news are from them and their future development plan, more products for bitcoin/ crypto are only reasons whales use to boost the market and retailers wait for such news to FOMO.

Quote from: el kaka22 on November 18, 2020, 04:49:22 PM

I believe defi will definitely reach to a level where they will have some sort of pull back from this level and they are not going to end up with anything lower than that and not going to have a higher but at the end of the day it is going to have some sort of steady going. Like sure it is not going to be this high, but it is not going to die down neither, it is going to be like 70% or so levels of this and they are going to end up with that 70% of today's volume for a very very long time.

Correct. It is what I am talking about in OP. DeFi hits their so-called resistance and bitcoin reaches its temp resistance in dominance. They should be pulled back. Unfortunately, the large capital (market cap) of DeFi (they are altcoins too) bias the domination rates and these contributors might give bitcoin a force to rise up more. Of course, it is only one side of the story and at the end, it depends on how whales will do next?

Just note it and wait for the market actions.

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DEX is not there to leave for example, and there could be some defi tokens that will go down but there will be ones that will go up, and we are just going to accept it as it is.

They will exist but to say big success or a new revolution from them to come and will last long, I don't believe in such scenario.