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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/18/21 at 9:32 am to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 9/18/21 at 9:32 am to
quote:

what total marketcap do you think HEX will get to?



$200 billion was a breeze, so who knows.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 9:33 am to
quote:

$200 billion was a breeze, so who knows.


Where is the $200 billion in liquidity?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 9/18/21 at 9:40 am to
quote:

Where is the $200 billion in liquidity?


How many times does it have to be stated for you? Bezos can 0 Amazon 5 times and that stops no one.

The 2 most staked coins by percentage are ADA and SOL. You don't have $70B and $50B of liquidity in both, yet you are invested in both.

It's crystal clear you are trolling. You can't even form decent arguments. Please mine your BEE coins and leave the HEX thread. You derailed this thread and hurt people looking to get ahead in life with foolishness.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 9:43 am to
quote:

How many times does it have to be stated for you? Bezos can 0 Amazon 5 times and that stops no one.


Come on man. I asked a real question.

Do you really not know how this works?

quote:

The 2 most staked coins by percentage are ADA and SOL. You don't have $70B and $50B of liquidity in both, yet you are invested in both.


There is a big difference in these two that I am suspecting you dont grasp.

These are separate chains.

HEX is an ERC20 token. It needs ETH to do anything. You know this right?

It RUNS ON ETHEREUM.....

quote:

It's crystal clear you are trolling. You can't even form decent arguments. Please mine your BEE coins and leave the HEX thread. You derailed this thread and hurt people looking to get ahead in life with foolishness.


Look dude, I think you are fundamentally unaware of how ERC20 tokens work....
This post was edited on 9/18/21 at 9:44 am
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 9:48 am to
Its actually kind of scary how some of you just dont know how this works.

It is making sense why now you think I am speaking Chinese or something.
This post was edited on 9/18/21 at 9:49 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 9/18/21 at 9:49 am to
There are thousands of dead chains. What's your point about smart contracts? There are hundreds of billions of dollars in smart contracts. You may want to start notifying the masses of your revelation.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 9:57 am to
quote:

There are thousands of dead chains. What's your point about smart contracts? There are hundreds of billions of dollars in smart contracts. You may want to start notifying the masses of your revelation.


Look man, I know you think I am trolling, but I am legitimately trying to teach you how liquidity in swaps work.

You obviously do not know.

Being that HEX is an ERC20 and the only way to currently buy HEX is via swaps, you must have enough liquidity to reach your target destination.

The reason I asked is because it is mathematically impossible for an ERC20 token to surpass ETH in any sense when its only method of getting said token is via a swap.

When you read the marketcap for HEX, that is just how much value has been put into the "token".

For HEX, someone has to both supply HEX and the swapped token for the exchange in a liquidity pool. This is what Uni-Swap is. If there is no pair, there is no swap.

So whatever the TVL in uni-swap is is the REAL amount that you have to play with and honestly, its much lower than that because of the risk of impermanent loss. Which, is another topic.

If this was a token listed on say, any exchange, this would not be an issue. Which, is why I asked.

This post was edited on 9/18/21 at 10:08 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 9/18/21 at 11:01 am to
Smh. I hope for your sake you are trolling. Exchanges have finite values as well on their order books. Even the NASDAQ.

When HEX surpasses ETH's market cap, will you come back in here and admit you were wrong? I'll do the same if HEX goes to 0.
This post was edited on 9/18/21 at 11:02 am
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 9/18/21 at 11:04 am to
quote:

When HEX surpasses ETH's market cap


Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 11:10 am to
quote:

When HEX surpasses ETH's market cap






This post was edited on 9/18/21 at 11:17 am
Posted by FnTigers
Member since Sep 2021
1427 posts
Posted on 9/18/21 at 11:13 am to
Can't wait to bump this thread.
Posted by nEVERhappy
Geismar
Member since Sep 2009
351 posts
Posted on 9/18/21 at 11:57 am to
How is pulse going to help Hex? Any insight on this?
Posted by FnTigers
Member since Sep 2021
1427 posts
Posted on 9/18/21 at 1:37 pm to
quote:

How is pulse going to help Hex? Any insight on this?
Probably the main reason is that HEX will be on the pulsechain at launch. Fees will be fractions of a penny and people with much smaller investments can get in. Now, it's really difficult with people investing less than $1000 for it to be worth it because of ETH gas fees.
Posted by 21JumpStreet
Member since Jul 2012
14647 posts
Posted on 9/18/21 at 3:57 pm to
So the point of parking money into hex is to get pulse,so after pulse is released. Is it kind of useless?
Posted by FnTigers
Member since Sep 2021
1427 posts
Posted on 9/18/21 at 4:12 pm to
quote:

So the point of parking money into hex is to get pulse,so after pulse is released. Is it kind of useless?
Hex and Pulse have nothing in common. They are completely different.

Currently, Hex is built on the Ethereum blockchain.

Pulsechain is a new blockchain coming out and it'll also have Hex on it.

To get pulse, a sacrifice phase happened just like ETH when it was launched.

When Pulsechain launches, you can buy PLS (Pulse). PLS is the native token used for everything on the blockchain.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 4:20 pm to
quote:

Hex and Pulse have nothing in common.


Sure they do. You send your tokens to Richard to get started with both.

quote:


To get pulse, a sacrifice phase happened just like ETH when it was launched.



False.

ETH had an ICO.

This is the pulsechain disclaimer.

quote:

Disclaimer

You are sacrificing to prove how strong you believe that blockchains are speech and speech is a protected human right. This is an important political statement. You must have no expectation of profit from the work of others. The set of people who have sacrificed to show their commitment to this political statement makes a great set of people to airdrop free things to. This sacrifice points are not meant to have any monetary value. Remember, you're not buying anything, the world is just noticing you are amongst a group of people that sacrificed to make a political statement. Some countries tax their citizens when they receive things of value. PulseChain and all the coins on it are designed to start with no value, which is ideal. Consult your own legal and financial professionals, as nothing written here should be considered professional advice. The only thing we know of set to be airdropped for free to this political group so far is PulseChain (PLS.) If we hear about other cool things, we'll let you know.
This post was edited on 9/18/21 at 4:24 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 9/18/21 at 4:32 pm to
quote:

ETH had an ICO.


What Is an Initial Coin Offering (ICO)?
An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO). A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds.


Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project.



Now explain the different than HEX's ICO and Pulse's ICO.
Posted by 21JumpStreet
Member since Jul 2012
14647 posts
Posted on 9/18/21 at 4:40 pm to
Ok so ignoring pulse. Hex is basically something to just stake in to get % gains? Pretty much just staking and yield farming?
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 4:43 pm to
quote:

Now explain the different than HEX's ICO and Pulse's ICO.


For starters, when people sent BTC to get in on the ICO of Ethereum, it wasn't sent to an anonymous address.

Want to start there? Or should I keep going?
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/18/21 at 4:58 pm to
I’ll go ahead and be nice and give you point number 2.

ICO are sales.

Richards specifically told you he isn’t selling you anything. Read the damn disclaimer. Lol.

You know why he said this right?

Also, I find this interesting. The 1st three goals of Pulsechain is to benefit the ETH you ummm "sacrificed"...

quote:

PulseChain Goals

Increase Ethereum's value
Ethereum's fees will be lowered by sharing its load.

Enrich ETH users
PulseChain will re-enable priced out use cases: Instead of launching empty, PulseChain brings the ETH system state and ERC20s, this rewards holders and founders of Ethereum based projects.

Enrich ERC20 and NFT users
The launch of PulseChain is the largest airdrop in history. Thousands of Ethereum based tokens and NFTs receive their free PulseChain versions. This new gold rush contains the value discovery of thousands of tokens and NFTs on PulseChain. If you always wanted to be a whale in a certain ERC20 or NFT, maybe now you can be.


So yea, that ETH you just sent Richard, I mean Pulsechain, ..... about that.......

Sourece: LINK /
This post was edited on 9/18/21 at 5:07 pm
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