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re: Official CryptoTalk Thread

Posted on 4/27/22 at 2:52 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/27/22 at 2:52 pm to
Do we anticipate major sells offs on the ETH side to dump onto the Pulse side?

Posted by deNYEd
New Orleans
Member since Jul 2007
9700 posts
Posted on 4/27/22 at 3:10 pm to
I know of at least one genesis eth whale that sold 1000eth yesterday, which everyone is assuming to prevent further dilution onto pulsechain. he is THE HEX WHALE.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/27/22 at 4:11 pm to
I'm not sure if there is a disproportionate amount of ETH sold off as much as there is a general sell off to buy Pulse.

There are hundreds of thousands of people who bought the PulseX presale in December and January who didn't know about Pulse when that presale was going on last summer. I believe there will be a massive fomoing into Pulse post launch.

Not to mention every ERC-20 token holder on the planet will have air dropped tokens to sell. That means they need to buy some Pulse just to sell their air drops.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58327 posts
Posted on 4/27/22 at 4:50 pm to
quote:

That means they need to buy some Pulse just to sell their air drops.

yea like .007 cents. but to sell....they will have to go to PulseX. 21% of that fee will go to buy the pulseX token and burn it.

Both coins are gonna do great!
This post was edited on 4/27/22 at 5:05 pm
Posted by FnTigers
Member since Sep 2021
2628 posts
Posted on 4/27/22 at 5:11 pm to
Pulse

PulseX

We comin!!!!
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 4/27/22 at 10:03 pm to
quote:

Do we anticipate major sells offs on the ETH side to dump onto the Pulse side?
Major sell off? No, maybe a dip. Do we expect at least a small pump before to offset that sell off? Sure. There is too much money in Eth hex to dump and whales do not care about Eth fees when buying. We expect parity between the two at some point and everyone will buy the cheaper option. We expect more trading with pHex because of the lower fees and less with eHex because of the fees.

No one really knows at this point. There are so many options to consider, it’s endless between farming, providing liquidity, staking, etc.. and good luck trying to time any of that. If you got in early, hold and watch while the largest air drop in history unfolds.
This post was edited on 4/27/22 at 10:07 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/28/22 at 6:13 am to
quote:

yea like .007 cents. but to sell....they will have to go to PulseX. 21% of that fee will go to buy the pulseX token and burn it.


The PulseX buy and burn function is MASSIVE.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/28/22 at 7:13 am to
quote:

Major sell off? No, maybe a dip. Do we expect at least a small pump before to offset that sell off? Sure. There is too much money in Eth hex to dump and whales do not care about Eth fees when buying. We expect parity between the two at some point and everyone will buy the cheaper option. We expect more trading with pHex because of the lower fees and less with eHex because of the fees.

No one really knows at this point. There are so many options to consider, it’s endless between farming, providing liquidity, staking, etc.. and good luck trying to time any of that. If you got in early, hold and watch while the largest air drop in history unfolds.


Yea, just trying to see what you guys think as you all follow it much more closely. I would imagine there will be some arbitrage opportunities early on for sure.

Edit: not sure if arbitrage is the right word. More looking for projects that have the potential to get off the ETH chain and fully commit to Pulse. Those kind of opportunities.
This post was edited on 4/28/22 at 10:17 am
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58327 posts
Posted on 4/28/22 at 10:24 am to
quote:

Edit: not sure if arbitrage is the right word. More looking for projects that have the potential to get off the ETH chain and fully commit to Pulse. Those kind of opportunities.
those arent arbitrage, but you are correct. all of the ETH meme Coins who have been stagnant due to Eth gas fees the past year, will have the opportunity to bridge over ALL liquidity. Their coin holders will ALREADY have their coins in their Wallet on Pulsechain. And they will be able to trade all their little hearts desires on PulseX for fractions of a penny.


And did i tell you 21% of all PulseX fees will go to buying the PulseX token and burning it? i can give you rough numbers if you want.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/28/22 at 11:15 am to
Yea their are a ton of projects people just don’t get into because they only want to put in a few hundred but ETH gas eats 30% of that lol.
This post was edited on 4/28/22 at 11:19 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/28/22 at 3:25 pm to
If we can figure out what projects to buy early before the general public knows they are swapping over, we could make a killing.

I mentioned to the Scope/CreatStep team about using PulseChain instead. They like the idea of being one of the first on a new chain. Not sure if they swap though.
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 4/28/22 at 3:43 pm to
quote:

Yea their are a ton of projects people just don’t get into because they only want to put in a few hundred but ETH gas eats 30% of that lol.

This is all true. I’m not really into NFTs, but I think this could be huge on Pulse, much bigger than any of us could imagine. And they are all being copied over for free on Pulse. There is no reason for any project to run on Eth when Pulse will be much faster and cheaper. Will it happen? We shall see, but if it does this could be the biggest thing we may ever be a part of in our lives.
Posted by tigercraig
Baton Rouge
Member since Sep 2003
3769 posts
Posted on 4/28/22 at 5:01 pm to
So how I do it get in on Pulse?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/28/22 at 5:33 pm to
quote:

So how I do it get in on Pulse?


You have to use the bridge. The presale is over. The launch is looking like it's 2-3 weeks away. I guess we need to start a thread on it so everyone can buy early.

pulseramp.com
This post was edited on 4/28/22 at 5:36 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/28/22 at 5:40 pm to
quote:

We shall see, but if it does this could be the biggest thing we may ever be a part of in our lives


Pulse has a "I bought Ethereum day one" feel to it. If these projects start swapping over, half the money board will be retired.
Posted by tigercraig
Baton Rouge
Member since Sep 2003
3769 posts
Posted on 4/28/22 at 6:34 pm to
quote:

You have to use the bridge.


Can you explain it like I’m 5?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11537 posts
Posted on 4/28/22 at 6:48 pm to
Can I assume you are in crypto already? You connect your Metamask wallet to pulseramp, then swap ETH for PLS.
Posted by LordSaintly
Member since Dec 2005
42387 posts
Posted on 4/28/22 at 7:28 pm to
Is ETH 2.0 a threat to Pulse?
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18017 posts
Posted on 4/28/22 at 7:36 pm to
For now you can only function in testnet right?
Posted by tigercraig
Baton Rouge
Member since Sep 2003
3769 posts
Posted on 4/28/22 at 7:36 pm to
quote:

Can I assume you are in crypto already? You connect your Metamask wallet to pulseramp, then swap ETH for PLS.


I have Coinbase Pro - Binance - Trust Wallet.

So just open a meta mask wallet and go?
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