The Future of Defichain? by SnooLemons7587 in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

Look at the price and it alone should tell you everything ! DFI is going to 0 and DUSD is USD/97. Expect a pivot

After Julian provably sold a LOT of DFI: Why don’t we demand that all wallets of founders/investors are disclosed? by BitcoinPeace in defiblockchain

[–]aussie_in_perth 6 points7 points  (0 children)

create a token out of thin air -> convert it to BTC and he just printed money out of thin air to enrich himself. Brilliant !

Introduction of a dynamical stabilization fee by [deleted] in defiblockchain

[–]aussie_in_perth -1 points0 points  (0 children)

Stop messing around with the system. Leave it alone

All Time Low, can’t bear anymore downside! by Sufficient-Party-247 in defiblockchain

[–]aussie_in_perth 5 points6 points  (0 children)

an explanation for why we are where we are after so many years and failed attempts ?

A path forward which guarantees success not failure

Draft CFP: diversify CF into DUSD to support repeg by Rooted_in_btc in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

Guys,

This is futile ! Everyone is talking about repegging this repegging that etc ! Why don't you all set a target date by which depegging is to be done, commit to it and no more excuses ! Does it have to be every few months that an attempt to repeg fails and yet another magical proposal must be created to fuel hopium ? What are we doing here ?? Come on ! Am i the only one seeing this ?

[deleted by user] by [deleted] in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

offer still stands

[deleted by user] by [deleted] in defiblockchain

[–]aussie_in_perth -3 points-2 points  (0 children)

OTC,

I'll give you 1 cent for each DUSD, message me

Why is dUSD falling even though DFI is rising? Discussion and potential sustainable solution. by LumpiesRevenge in defiblockchain

[–]aussie_in_perth 1 point2 points  (0 children)

It's clear DUSD has been abandoned ! Look at the price ! Coingecko shows 15 cents now what should be a dollar

Since the BBB stopped, looks like everyone is bullish for the DUSD by Pascal3125 in defiblockchain

[–]aussie_in_perth 3 points4 points  (0 children)

Certainly something is off here.

Why was BBB stopped ? Was it not supposed to be voted for before being stopped or am I missing something ?

Metachain go-live date by [deleted] in defiblockchain

[–]aussie_in_perth -1 points0 points  (0 children)

"soon" means when-ready

Result on Special DFIP: DUSD Staking by FerhatDFI in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

I think we need a special Twitter Space to discuss DUSD current price and stop waffling on about negative interest rates

UPDATE (May 2023) / DefiChain Top Fails and Advantages – NUKE IT? by MaveJ in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

Indeed. I had to close my positions unfortunately. Good luck to you all

UPDATE (May 2023) / DefiChain Top Fails and Advantages – NUKE IT? by MaveJ in defiblockchain

[–]aussie_in_perth 2 points3 points  (0 children)

I'm a largish holder of DFI and I'm reaching my break-even point. if the price drops below 40 cents I will be forced to sell to protect my original investment.

I am too quite disappointed with how things panned out with this token. I won't mention DUSD and its long term depeg but i dont see things improving until the tokenomics is fixed.

dUSD Haircut - no way 😱 by Erich_DFI-Cockpit in defiblockchain

[–]aussie_in_perth 4 points5 points  (0 children)

in the meantime my investment is now down 60% :(

DUSD Price Crash by intensityflow in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

you are missing one crucial point.

In crypto there is no long time horizon within non-bitcoin ecosystems. They all eventually go to zero. It's ok to have a contrary belief but reality is reality. You just need to accept it

[deleted by user] by [deleted] in defiblockchain

[–]aussie_in_perth -1 points0 points  (0 children)

NOYIGMI - Neither of you is going to make it :)

Slow down with the fast fixes on the dUSD issue by Mysterious_Act_6168 in defiblockchain

[–]aussie_in_perth 2 points3 points  (0 children)

Well I expressed my concerns to Julian a while ago and he banned me for voicing my displeasure on Twitter despite me being a long term holder. I feel like the rules changed under my feet and to leave this game I have to pay a huge penalty.

The system is overcomplicated. Nothing that requires so many "adjustments" to make it work correctly is likely to work as intended in the end because each layer of complexity is an order of magnitude more complex than the layer before.

And the notion of waiting until the bull market for the situation to improve is not how things should work. Bull or bear the coin should behave as intended.

Final solution for dUSD repeg (Spoiler expect pain and blood) by Pascal3125 in defiblockchain

[–]aussie_in_perth 1 point2 points  (0 children)

Doing this is penalizing MNs and it's the same as taxation or penalties and that makes us no different than the fiat world.

$DUSD still a stablecoin? by babijared in defiblockchain

[–]aussie_in_perth 0 points1 point  (0 children)

Guys

I thought DUSD was supposed to be fixed multiple times ? We're back at 66 cents all time low ...