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/biz/ - Business & Finance


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File: 34 KB, 592x324, YFI-price-more-than-BTC.png [View same] [iqdb] [saucenao] [google]
21800339 No.21800339 [Reply] [Original]

what the actual fuck

>> No.21800396

>>21800339
>30,000 supply
There's your answer, retard.

>> No.21800535

>>21800339
>I buy xrp because it’s cheap
kys retard

>> No.21800604

$100k soon. Actually hope to get to see it reach >$1mm, too.

>> No.21800708

>>21800339
>Average /biz/tard

XRP $5000 EOY! WHAT IS MARKET CAP!?

>> No.21800785

what the fuck. 1 coin literally costs more than a bitcoin? im going big on this one

>> No.21800841

>>21800339
One day yfi crytpo currency 1 million dolar

>> No.21800957

so its a not a ponzi rug pull?

>> No.21801000

>>21800841
It will reach $1mm just because of the meme / hypefactor. But unironically.

>> No.21801059

I get that yearn is a great tool but what is the point of owning the token?

>> No.21801148

is it price tied to btc? Next btc dump what happens? What happens in btc bear market?

>> No.21801267

>>21801059
you get all the income the platform produces. it's like owning a hedge fund.

>> No.21801303

>>21801148
no, because it's based on income from liquidity mining, lending, all kinds of crazy shit. soon basic insurance too. basically it's dependent on defi growing, not btc. if you think defi will grow 10x from here, expect $100k yfi.

>> No.21801497

>>21801303
what about when the 'defi bubble pops'

>> No.21801581
File: 240 KB, 720x1480, obscura1598222930809.jpg [View same] [iqdb] [saucenao] [google]
21801581

>>21800339
Get over it faggot.

>> No.21801585

>>21800339
fuck off with the bait you retard

>> No.21801601

>>21801497
Most speculate that tokens like snx, yfi, aave all have at least another 100x in them. Yfi is currently also still undervalued by $10k relative to tokens such as comp. The "bubble" is only getting started.

>> No.21801691

At a $400mm market cap for yfi, you are still an early adopter. Not quite smart money, but it's an easy 100x.

Feels good to be early, anons.

>> No.21801875

>>21801497
if you think defi is a bubble, ride it up and get out. if you think it's a new paradigm, then ride it up and leave some on the table. either way, letting an opportunity go to waste is silly.

>> No.21801938

>>21801267
this yearn is basically a decentralized hedge fund, and probably the most profitable hedge fund in the world rn, 1 billion TVL in less than a month isn't hype or a meme. The platform is incredibly profitable.

>> No.21802026

>>21800396
>>21800535
This

>> No.21802067

Is it on binance?

>> No.21802638

>>21802067
Yes. Don't leave it there though. It's a governance token and having it on cex is theoretically a security risk.

>> No.21802643

>>21800339
A whale dumped 9k bitcoin

>> No.21803245
File: 364 KB, 1985x1513, 1581356943581.jpg [View same] [iqdb] [saucenao] [google]
21803245

>>21801581
is that /our42/?