DFI 1$ next year ?

What arguments do you have in favour or against?

Just asking , me too waiting for Pro's🫣😅

Take a look at my Ticket to resolve somehow my problem :))

If you are talking about Bake, please refer to https://t.me/Bake_DACH.

If you are talking about Bake, please refer to https://t.me/Bake_EN.

⚠️Important: admins or moderators will NEVER send you a direct message (DM) first. Anyone who does so is an attacker/scammer. For your own safety, block and report the attacker.

Just making conversation ✅️ still waiting 🤣

It was road to 50 last years, we lost our determination? 😂

Never! But lets not forget that great things are made one step at a time. Next step, DMC 💪

We made to 50 cents

DFI 1$ won’t help much for most investors. My average invest was at 3.5$

if you dcaed enough I think it would 😉

plenty of dfi acquired sub 0,5 would double or triple

I think it is important to remember that if we expect DFI to reach $1, there has always and will always be a constant sell pressure from Bake. So, it will be quite hard to achieve higher than $1

Yes, there is sell pressure from Bake, but other than that, what is different from before? Sell pressure from Bake always existed, as well as from Lock or DFX at the time. Same with all providers, as for profit organizations building on top of the blockchain, they need to sell to pay for salaries, taxes, instrastructure and so on. That will always exist while we live in a fiat world. And always existed. So if we reached 5$ in the previous bull market, why shouldn't we at least reach the modest value of 1$ again? Contrary to many other projects, some even way bigger than DeFiChain, we never stopped building, despite the price and crypto crackdown in the US and other locations. That effort is the commitment to and by the community to ensure that in the next bull market, we will have again the tools to once again, exceed expectations and left a mark in it. Yes I believe in 1$ and more in the next bull market.

Completely agree with what you have said at the start. Just wanted ppl to remember that there has and will always be sell pressure from Bake (there is nothing wrong with it at all, and I think we should do the same as them, constantly take profits along the way) In terms of price, I just wanted to manage expectations, if we expect $1 and price exceeds $1, people would be a lot more excited. If we expect $5 and price only hits $2, people may feel disheartened as expectations were not met. For example, Julian’s prediction of $50 DFI in 2021 was clearly not met and I’m quite sure that a lot of people were disheartened. But anyways, the more important thing is like what you said Defichain never stops building 💪

Indeed. Just a note, Julian's prediction of 50 was not for 2021, but a long term outlook for when the block rewards wrre almost depleted and the blockchain jad alreqdy entered in a stage in which transaction fees sustain it. I believe he made a more short term outlook some time ago at around 20$ for the next bull market, quite far from 50 indeed, but still, bullish. I don't know if we will reach there yet in the next bull market, being honest here as always, but one thing I am sure, we are building to be ready for that 🙂

I am in need of some hopium. Who can peovide?

Some hopium? Well I might give that a try. - BTC achieved the lowest volatility month ever, helping to shut down some critics that such a volatile asset can never be trusted for mass adoption. This is somewhat bullish for crypto. - DFI is at a great price for DCA, which is awesome for anyone that checked on DMC and knows the potential behind it for DeFiChain and DFI. - Coingeko published a list of the 50 coins and tokens deemend as securities by the SEC and we find there many known names, other's not so much. But the list goes all the way from the top 10 down to positions in the thousands. Great news in this? DFI is once again, not deemed a security, so once again, it seems DFI is on the good side for the long run. - Projects building on DMC are soon to publish teams, whitepapers and have already established partnerships according the latest statements, so the future seems bright! - And last but not least, I still did not drink my morning coffe and yet, managed to not kill anyone until now! And that is amazing! 😁 Enough? Or you need a bit more? 👍

Because of Terra Luna: - Solana is down 90% - Polkadot is down 90% - cardano is down 90% - DFI is down 90% - many others are dead - FTX dead - 3AC dead - Celsius dead - many more dead Bake is still alive among all the dead and still thrive - DFI is standing still even though Bake is using it to generate profit that put sell pressure on it, like Yield Vault and Earn. Even though Bake is promoting DFI a lot, it still stand still as profit company and make use of opportunity to generate profit even though it put pressure on DFI and DFI still standing good. - Developer still continue to build on DFI - Many projects building on DMC - Have you been in the dip before dTokens? New feature release will attract more people Take positive thing from terra luna event: it’s a filtering event to removes those who are sketchy and dishonest.

Exactly

Because 1 year just red 🩸 and everybody will sell at 1$. Who did a bit dca (but some dfi at 0.30$) have a chance to gain or go pair with own investment, for the others ….

It will surely be a lot higher than $1 by 2025.. but if you had DCA-ed and you still have about 16 months to do so, you would have an average cost of much closer to 30 cents than $3.50..

1 year of opportunity to DCA have passed.. if you failed to do that, that's on you.. In any case, you have about 16 more months to do so.. make full use of that time..

Well thank you for the hopium, i surely need it with all the bad sentiment about Defi-Chain in the air. I also had some morning green tea so i will give my 2 cents, and my doubts and hopes about the project. What bothers me the most is, why would people use DFI over other chains. Even though some projects are building on DeFichain, i am not sure it will be enough to attract a lot of investors and new peeps into the ecosystem. DMC is hyped up a lot, although buy the rumor sell the news right? I am not sure the release will bring that much attention. I hear "Ghostchain" from a lot of people. What does give me hope, even though people here seem to think it is negative, is bake. Bake is a huge company nowadays which stands to profit if Defichain is sucessful. Although the fate of bake does not solely depend on Defichain, they surely are intertwined to some extend. And DMC IS of course positive. Its great utility for the project. I just set up some DCA in DFI from bake, but mostly because i fell victim to the marketing and the possibility to win fun stuff on there if you set up DCA. I still hope the best for Defichain, it is after all one of my larger positions.

Hi Duke! I have to say I don't agree entirely with you on that But that is my experience speaking, as I believe it's yours speaking obviously on your side. I have been noticing (or at least feeling) that you are feeling a bit down, quite understandably, but do not lose focus. And I hope you did not invested money you could need in a hurry, that is a mood killer and amplifies emotion and mistakes. I have been DCAing all the way since more than 2 years now, I have a fairly good entry point and yet, will not sell at 1$. This last year has been red for every altcoin in general, some more some less, but the blood bath is not sparing anyone. I have beem taking profits sometimes like everyone can and should do. Not only to keep us focused, but also because we need to, volume and transactions are a part of a live blockchain and while hodl may be great, that does not mean that profits should not be taken sometimes. No listing goes for a coin that does not present volume and transactions. Far from saying that the current price is awesome (we all would like more) or that is not a great entry point (which actually is), but much happened this last year since giants collapsing, crypto crackdowns, inflation and so much more. And other than the price, once again, I give you that it's not yet the one we want, but other than that, DeFiChain has passed through all of that and is getting out the other end of the tunnel having build more than the competition, and ready for the bull market. If you ask me, I believe in more than 1$ in the next bull market, a fairly amount more. Will happen tomorrow? No. But will happen? For sure if value follows preparation. And we are prepared 👍

I did but now stop! I bought more dfi than my entry point (3.15$) , so at 1-1.20$ I say goodbye

I completely agree with you but luckily my big part is in btc, because I changed my strategy 1 year ago after some rumors about bake and defichain

BTC is always safest, but alas, also the one with the least upside. I am ok with some risk in DFI but bigger upside. If we hat 2-3$ i am already happy.

You do know that DFI has lost over 90% of its value against DFI right? Meaning anything less than a 10x of DFI and BTC must not increase in price, would mean that DFI has underperformed

One week ago o w of the chat called me negative person, it is just frustration because we never see some +10%. If I open coungeco or CoinMarketCap, some time you can see altcoin going up, at least a bit happiness. You get me ? DFI lost 90% itself against DFI

Bump this... solana, polkadot, cardano, these also lost 90%

Do you mean BTC? Or do you mean DFI lost 90% of its value. Option A: Vs Bitcoin. It lost 75% actually. Still a huge amount. But almost all altcoins are left in the dust vs bitcoin in the bear market. So to get some perspective, BTC will max to a 5x. And that is if you find an entry now and sell perfectly. DFI has the potential to go to 5$ again, or even more. Which would put it at a Marketcap of 3-4 Billion or somewhat. That is not that much in the grand scale of crypto. So, seems possible to me. This would be a 15x. Option B: Defi vs Defi lost 90%. All altcoins did. Even Bitcoin lost like 75 or 80% (didnt look it up). Thats just how bearmarkets work.

Almost every coin/token that is not BTC loses 90% of its value in a bear market.. it just happens every cycle.. it is your first bear market, I understand that.. Every bull cycle a lot of the better altcoins will outperform BTC.. not all.. But all we see is DFI community building and working.. and have delivered most if not all the things that was planned.. so there really is no reason to be negative about DFI.. help build something then if you think it's not good enough.. weak people always want to be the victim.. but do not want to step up and take some responsibility on their own.. Now if the community wasn't delivering on its roadmap.. if there is no progress on DMC.. if Cake Group wasn't growing.. then that is different.. it clearly is not the case here..

👍

One thing nobody mentions is most altcoins dont make it back. They have their ATH in a bull market and dont break that ATH in neither Fiat or BTC term.

I wouldn't say you are negative as you say someone said, but I feel that you may be a bit beat down with current price action. Which is totally fine and understandable. My main concern is that as a community, we care about each other and in the end, we all want this project to succeed. I am also not the most joyfull person on what price concerns, but, I only invested what I can afford to lose and worked to have the most balanced portfolio I could, so that gives me peace of mind. I hope you may also find this and sail this market in relative calm. As @hansyulian said and well, some of the biggest of the top 10 also fell more than 90%, that is not at all unusual in altocoins during bear markets. Neverthless, even the most seasoned crypto investor gets beat up by the current price action of the market. I don't need to add much, I see that many community members jumped in and perfectly summed up everything with more than enough facts 🙂 This is the beauty of this community, if this and all the build that is going on in the backstage don't get you at least a bit hyped, I think nothing will. I don't know if you look too much at charts or don't, but if you do, take a break. Unplug for a few days and enjoy life, you will come back with another energy 💪

True story, many don't make it back. I always want to be fully honest here, as always, and as the community deserves, otherwise, this wpuld not be DeFiChain! Many don't make it back, indeed. But also, and contrary to DeFichain, those that don't make it also have in general, one thing in common. They simply let go. They stop building, they lose momentum, they lose hope. You don't see that in DeFiChain. Despite the price action, of all criticism that may exist from outsiders, one thing no one denies, we are building, we are getting ready, and we will get there! Let's meet again on the other side of the tunel 👍