How sustainable are all these Y-projects?

This feel like the scammy ICOs of 2017 all over again. Will these create a pump and reversal with all of the ETH that these coin makers are getting? Or are the projects like yfmoonbean and ymax simply not large enough to effect change?

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>ICO

Traceable, required real money to pump price

>Defi scams

Not traceable, leaders are anonymous, very easy to make the market cap whatever the fuck you want to it be, just enter a number and BOOM. That's your new market cap, then rug pull whenever you want.

They both mainly require ETH though, and at their core, it's exchanging ETH for a token you hope will outpace ETHs growth. As long as you don't get rugged (which is getting more rare as these projects legitimize), I don't really see the difference.

As scammy as they are they do make money if you play them right. I just drop a couple ETH into each one and take profits aggressively as it pumps. YFMB is the next play I want to hop on, check them out. They actually have a real website and contract for the pre-sale.

gg/C7EWHAR

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Already interested and in the discord, thanks. Although I'm still looking for opinions on the impact of these defi projects on the eth ecosystem as a whole. Defi is doing a number on eth and making gas fees insane, is that going to open up a chance for a better blockchain platform to step in?

Thanks, do they have a telegram?

Theyre not sustainable and are literally useless besides getting the devs rich. What happens after farming? Nothing. Later this week I will shill the best play of Q4.

Obvious discord trannies. KYS fucking faggots.

literally useless is what people said about chainlink, RLC, noia, and polkadot

every project has to start somewhere. the real ones will make it

Just look in the discord. Its all right there

this does feel a bit like 2017 with all of these Yclones popping up left and right. however i don't think it will have that great of an impact on the price of eth like the ICO bubble did back then. it's crazy to see a bunch of biz fags make a life changing amount of money within a few days. i missed the opportunity with YFI and sold too early on Ymax (only got a 2x). I'm trying to keep in the loop with the next yclone that gets shilled here. if i learnt anything from lurking on Zig Forums; it's to never underestimate the power of autism when it comes to making money. also the fuck is YF Moonbeam? seen a couple threads of it being shilled but haven't looked into it yet.

Look at DOT. It's in pole position to replace eth for defi stuff, also use some of these YF projects (i.e. the ones built on dots moonbeam protocol) that don't rug to assess the robustness of dot's blockchain.

I'm betting heavily on DOT, because if it flips ETH, I'll be rich beyond my wildest dreams - and if not, I'll still make cash on the defi projects along the way.

Just got to treat them as gambles and only throw what you are willing to lose. Been burnt a couple times but overall made a shit ton. I wil play this moonbeam shit like all the others now.

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Presale on YFMB in 2 days nigger
Get in or stay poor

Why you gotta be racist

>>Zig Forums please

Uniswap is sustainable. Check the revenue at tokenterminal.xyz

Uniswap 1h is a piece of art. $20 by end of October. boards.4channel.org/biz/thread/22753855

I'm with you senpai. YFMB gonna pull an easy 10x, see you at the citadel

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yeah i've been doing that as well. i made a really nice amount the past few days, but i feel greed kicking in. think i'll play it safe and only put in 4-5 eth into it like i did with Ymax. the YF Moonbeam discord seems alright. the devs seem to be super interactive with the community which is neat.

They will dump harder than bitconnect once link gpi/swift goes online

This defi bubble annoys me because when it pops, if it hasn’t already, it’s going to drag down Eth, thus BTC, thus every other legitimate project within the crypto sphere. The entire market is speculative and produces essentially zero value at this time. This in of itself is not a problem, however; as it relates to defi, it’s concerning because there’s no reinvesting of staked capital into firms that produce tangible goods or services (value) as there is in the traditional market. Currently all defi does is circulate a fixed supply of stable coins around and ‘round in circles, but mostly in the direction of dumb money to ruggers and savvy whales. Obviously this is unsustainable, and once a critical mass realize that the sum of their accumulated yield interest is worth $0, we’ll see a nasty correction. I worry that the stock market dumps may have hosed defi too early, before people could really learn their lesson. Will probably pick up steam again if March 2.0 fails to occur.

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Just got to play what is happening. Ride these Y cycles and tether up once it pops. There are no real "legitimate" projects in crypto. Make your money and get out.

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Thanks. I think I will try my luck with this one

Probably the least shitty looking one here in this sea of shit

smart man

If you can afford to lose that, then go ahead. A lot of people have gotten burned in the past just like what said. I personally am going to be throwing in 2 at most. That’s what I can afford to lose and not won’t lose any sleep over it if I do.

Honestly, YFMB will probably just do the same shit YMAX did. Everything keeps repeating itself.

Most of these are scams, just need to be able to hop out as soon as there is a good profit. The only people losing right now are those getting overly greedy and sitting on their 10x until it drops below their buyin.

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Only YMAX has a legit partnership recently announced. YFBeam site is made in wordpress lol

That was last weeks coin, everyone is hoping in on YFMB now.

AIRDROP RIGHT NOW AT
TELEGRAM: TOYEETORNOTTOYEET

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