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/biz/ - Business & Finance

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55669983 No.55669983 [Reply] [Original]

When is the defi bear market going to end? It's been 2 years since new money flowed in.

>> No.55670015

>>55669983

Looks like that'll take another two years to round out then you'll get a perma-bull market as finance actually starts operating over Avalanche and other lesser protocols with poor scaling strategies like Ethereum and it's centralised Layer 2 scams

>> No.55670016
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55670016

We all know the answer to that question already, OP

>> No.55670017
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55670017

The billion dollar-worth NFT scam industry still scares normies away to this very day. Influencers and Defi have done more damage to crypto as a whole than the SEC and the FEDs combined.

>> No.55670021

>>55669983
didn't that only apply to vc money? less vc faggots capitalizing on everything is good imho.

>> No.55670022

>>55670015
>perma-bull market as finance actually starts operating over Avalanche
What level of copium is this? Do avaxfags really say this unironically?

>> No.55670026

>>55670015
Least obvious AVAX shill:
>>55670017
Exactly what I was thinking too.

>> No.55670034

>>55670017
This is also true. You know shit's bad when even normalfags mock you for even bringing the topic to any given conversation

>> No.55670042

>>55670016
Best meme in decades. Really fits the current situation perfectly

>> No.55670047
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55670047

My nigga, I'm a Kavafag, and nobody except for myself and other 3 fags even know about Kava's existence, and it still got a 5mil TVL allocation on Curve and more on other stake platforms, 23.66% apy, and a 750mil developer incentive program to build using their tech and ATOM SDK.

There's a shit ton of money you don't need to be on the public consciousness to be popular.

>> No.55670051

>>55669983
Wait for the next BTC halving + BlackRock's BTC ETFs and you'll see a new chance for a potential bull run. Ethereum ETFs could also be possible now that XRP is officially not considered a security

>> No.55670053

>>55670021
No, defi as a whole has been on downtrend since 2021.
>>55670022
>>55670026
Let him inhale his hopium, that's all he got nowadays.

>> No.55670064

>>55670047
Kava is not underground by any means. It's the biggest project in all of Cosmos at the moment.

>BUT COSMOS SUCKS!!!
>I CAN'T PUMP!!!

>> No.55670070

>>55670047
And you're here sharing your bags even though you could've easily maintained its relatively obscure status from the collective consciousness?

>> No.55670077
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55670077

>>55670015
>>55670026
>>55670053
cope

>> No.55670082

>>55670051
Ethereum is an unregistered security.

Therefore, something like an ETH ETG is impossible.

>> No.55670092

>>55669983
>When is the defi bear market going to end?
Never

>> No.55670095
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55670095

>>55670064
It's not as popular as it should be. Truly the best staking I've ever done.

>>55670070
Gatekeeping is stupid as fuck. I can talk about projects I like no matter how popular. Maybe if more people were like me this board would have more good conversations instead of regurgitating the same 3 memes for the same LINK/AVAX/XRP threads that just go on and on on nothing.

>> No.55670100

Another 2 years for halving cycle, hang in there buddy

>> No.55670103
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55670103

>>55670064
*blocks your path*

>> No.55670114

>>55670047
>and it still got a 5mil TVL allocation
You absolutely sure it's 100% organic and not being manipulated by whales, mate?

>> No.55670127

>>55669983
Defi is the ultimate meme created for fools idiotic enough to fall for the "CRYPTO FIXES THINGS!!!" narrative.

>> No.55670139

>>55670095
nobody takes these guys seriously, though.

>> No.55670157

2 more weeks

>> No.55670160

>>55670139
why would anyone take them seriously

>> No.55670182
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55670182

>>55670047
based.
one thing though if you do it in mare you also get $mare which is not much but enough to pay for gas fees and shit while doing other stuff. also can mend minor slippage issues
>https://mare.finance

>> No.55670190

just your friendly daily reminder there's an 80 trillion dollar hole in the global balance sheet and apparently nobody knows where any of that money went to!

>> No.55670195

>>55670017
Not really all they did was filter out retarded kids that shouldn't have access to any serious economical devices (like mom's credit cards) in the first place. They did a net good to the entire community and got money in the process. Win-win.

>> No.55670207

>>55670100
WASN'T IT NEXT YEAR???????????????