Literally 99% of the future of finance like defi is built on Ethereum. Why isnt this No 1 yet?
ETH in 2021 - $10k possible?
Other urls found in this thread:
coindesk.com
dydx.exchange
compound.finance
twitter.com
its harder to comprehend. Basically nobody knows what DEFI is.
PRIOR TO SECOND BTC ALL TIME HIGH PRICE
THERE WILL BE A MINUSCULE AMOUNT OF TIME (FIVE MINUTES TOPS) IN WHICH THERE WILL BE A ETHEREUM RUN UP TO $1014
THIS IS THE FINAL OPPORTUNITY FOR CRYPTO TRADERS
TO SELL THEIR ETHEREUM TO LOCK IN GAINS
LOOK AT THE DUMP ORDERS - IF THERE ARE INSUFFICIENT ORDERS PRESENT, THERE WILL BE A PUMP!
LAST CHANCE TO SELL ETH WITH PROFFIT !!!
bu usagewill drive value in the future?
Because Normies Still think everything (including altcoins) is running on the Bitcoin Servers xDDDDD
Big exchanges like coinbase need to cryptopill their user base
Yee
defi is a meme prove me wrong
addtionally, defi is a meme that will be banned in the USA
I don't get it either, ETH feels super undervalued. I guess there needs to be some killer app that drives adoption of smart contracts.
emerging economies are going to essentially go parabolic when they get access to incredibly cheap resources like a global super-compute instance powered by ethereum..
this doesnt only remove friction in first world, but enables global trade on a level that has yet to be even remotely tapped.
10k is nothing, its like 7x ath.
Last run btc went from under 20 dollars to 1400. Before that it went from 40 cents to 20 dollars.
Try 20k at least
This. When BTC is at $1M ETH will be at $100k.
checked
Almost nobody knows what DeFi is. Average person in crypto thinks ethereum = icos + cryptokitties.
Don't despair, recognize this for the once in a lifetime opportunity it is.
Anyway, I think 2021 is too early, sharding is not going to be out by then.
coindesk.com
Seems small... but why did they use DAI, not USD? That's because DAI is decentralized and you can - and that's never going away - send it to people who don't have any account yet, with no kyc.
Even leftist and state-loving organizations like Oxfam are forced to recognize the value of that, and they just the first of many others.
>addtionally, defi is a meme that will be banned in the USA
You can't ban DeFi, that's what the De part means.
Eth is shit though
The coin isn’t conceptually bad but Vitalik didn’t understand economies and ICOs killed the price for years due to so much scammed ETH sitting around.
BTC has reached 50% of it's ATH. ETH is 25% of it's ATH. With all the development happening with ETH, is there any reason I shouldn't go all in right now?
haha thanks for confirming The reality is that those icos that were going to sell already sold out. Many are planning to stake their remaining eth and only sell income, eg. Gnosis, Golem.
It will be. Give normies time to understand it all
>participating in defi without appropriate license is now illegal
Oops, there goes your theory.
ive been all in for months. feels good. making interest on that ether too by lending.
How are you lending. I have 32 an I going to make it?
They don't have to understand, they shouldn't, even. But they have to use it. Will probably take another 5 years
Invest a little bit in LINK since it's a meme but if it does blow up it will massive.
>>participating in defi without appropriate license is now illegal
I use a zk-snark mixer to anonymize my transactions.
Now what?
40 eth, 1500 link here.
we gonna be fine
Same a 100k minimum for eth at those btc value. But seeing how things are turning out, should countries flip towards eth would make things interesting, who would want to see crypto mining held dominantly in key countries weaponize ones new store of value.
>holding LINK . I'm not helping you with your bags.
Now what is you are not a retard like 99% of people who would want this
every single one of my normie friends that i have taught about DeFi is now using it earning 8% interest by converting their USD savings accounts into DAI/USDC
ive made around $80k just in interest off of my stable coins in both Defi's and CeFi's
Trips of truth
can you clarify please?
>defi is a meme prove me wrong
being able to margin trade through smart contracts with no kyc is not a meme.
dydx.exchange
Cheg
2K by 2020
There is something called diminishing returns
this
CeFi is just what i call centralized crypto smart banks.
there are several of them that will use your collateral to trade in markets and give you interest for letting them do so.
its more high risk than a true DeFi since there is no risk involved with the smart contract.
there is however potential for a CeFi to actually fail, since human error could come about which is why DeFi has the higher value in terms of safety vs service.
dyor tho
switched all my holdings over to crypto.com's new CeFi earn program a couple weeks ago when it launched. its the safer CeFi at this point
Ether is shit , its useless.
Not even a propper Cold Storage besides of Priv keys available fuck that.
Damn checked
i guess the reason would be to know why is it only 25% of its ATH - while BTC is 50%.
jesus fuck you are delusional. what are you smoking user?
Sure hope so. I have a good bit riding on it.
How do I do this
process for cycles:
>sell ETH at new ATH ($10k/ETH)
>convert into DAI/USDC
>supply the compound.finance protocol with your DAI/USDC
>earn 8% interest and live off passive income
hope this helps, crypto.com just launched their 8% interest crypto gateway as well, and it seems to be working as expected.
good luck, but just remember to sell into stable coins at your sell target.
dont get greedy and think "its just a dip, i'll hodl thru it" - be committed to your sell target and realize your gains by converting into stables
good luck, this bullrun will be the stuff that makes investment legends and u will have the chance to be one of them.
I took out a loan and it worked fine kek. retard