After reading this forum, the scale of the global financial markets and digital economies, and the effect yearn will have on them; I am pretty certain we are going to be very wealthy men – even with a sum as small as 1 YFI. It’s just so hard to believe. We are only in the beginning storms with these significant rallies from 2000 to 5000 dollars. I will not be surprised to see prices from tens to hundreds of thousands in the coming months.
The world just isn’t going to be the same and we have been blessed as the pioneers.
What are you going to do with your YFI wealth once your coins hit upwards of $100,000 a pop?
You do realize this is an open source project that can be copied with minimal friction. It was developed by 1 person… I would’t get to far ahead of yourself.
I am cautiously bullish on YFi – I’ve even tweeted that it might turn out to be the most important thing since the Ethereum ICO – but I think this view is way over the top.
Of course, hopefully I’m wrong and you’re right But I don’t think this is likely.
Over the course of past years I saw these kind of conversations over and over (becoming future whales, new wealthy elites etc…) on several other project forums and by today most of these are zombie projects. I am optimistic about YFI. I also think there is no benefit of making these kind of assumptions/speculations.
YFI has huge upside potential with very little downside risk.
This project has similar vibes to MKR and LINK. Their fully diluted marketcaps are $0.6B and $13.6B, respectively. Conservatively, it’s entirely possible for YFI to surpass these valuations.
It looks like there’s consensus to cap the total supply of YFI between 30k and 50k tokens.
What are you going to do with your YFI wealth once your tokens hit $100k to $450k a pop, @rewired?
There are only 2 rules in this category and one of them is:
‘Speculations are not tolerated.’
Obviously I’m long on YFI, but not to cash out. Interested in growing this as a community into something everyone will want to use. Not trying to be a buzzkill, but a thread like this is no different than threads on biz about $1000 EOY LINK, which in my opinion deter people that would be interested in building because there’s a lot to do. And it’s got nothing to do with the price of YFI.
edit: That’s my bad, didn’t notice this was a 22d old post. I had my sorting all f**ked up.