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re: Official CryptoTalk Thread

Posted on 5/14/22 at 9:21 pm to
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 5/14/22 at 9:21 pm to


Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468268 posts
Posted on 5/16/22 at 9:53 am to
quote:

Actually right now is exactly when you want to get locked in to an ARM

I'm talking about people who already bought before the rate increases. So their asset is inflated, likely to deflate over the next few months, AND with their interest rate about to increase.
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 5/17/22 at 9:41 am to
quote:

$DOGE co-founder says, "crypto is 95% scams and garbage and most crypto people are assholes."

Ouch.
Posted by BottomlandBrew
Member since Aug 2010
29379 posts
Posted on 5/17/22 at 9:51 am to
He's been pretty outspoken since the beginning. Nothing new.
Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 5/17/22 at 10:09 am to
quote:

$DOGE


Did he look in the mirror when he said this?
Posted by 21JumpStreet
Member since Jul 2012
14868 posts
Posted on 5/17/22 at 10:15 am to
Probably closer to 99%. There's bitcoin and there's shitcoins.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/17/22 at 10:24 am to
quote:

Did he look in the mirror when he said this?


He probably is so mad he sold all his bag before Elon when in.
Posted by Dataisbeautiful
Member since Apr 2022
61 posts
Posted on 5/17/22 at 11:44 am to
I make fun of hexicans because we’ve been hearing about a token swap to pulsechain for over a year now.

The price is artificially high because people are being strung along for this swap- it’s reducing sell pressure and it’s kind of obvious what’s going on.

Congrats to whoever bought in early but this is going to be a classic “buy the rumor, sell the news” event.
Posted by TigerIron
Member since Feb 2021
3904 posts
Posted on 5/17/22 at 11:46 am to


This post was edited on 8/26/22 at 2:40 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82092 posts
Posted on 5/17/22 at 1:18 pm to
quote:

But Hex/ Pulse have every earmark of a classic scam/ pyramid scheme, including the hostility from people who've been suckered when they are trying to sucker in more people and someone points out its a scam.
oh boy
Posted by BottomlandBrew
Member since Aug 2010
29379 posts
Posted on 5/17/22 at 2:35 pm to
I kind of agree. I've said before that the Hex/PC community gives off a multilevel marketing vibe. The product may be legit. Time will tell. I know I'm sitting on the sidelines for the launch. I have a small amount of Hex staked, and if it's value goes up, awesome, but the sacrifice was above my risk threshold. Maybe it costs me life-changing money. Maybe it doesn't. C'est la vie. I hope it works because some people in this thread have put a lot of money in to it and I'd hate to see them lose it.

Posted by deNYEd
New Orleans
Member since Jul 2007
9700 posts
Posted on 5/17/22 at 3:14 pm to
quote:

But Hex/ Pulse have every earmark of a classic scam/ pyramid scheme, including the hostility from people who've been suckered when they are trying to sucker in more people and someone points out its a scam.



yea, i'm sure it is definitely not frustration from fact not one single person EVER can logically explain why it is in fact a scam, but rather just regurgitate the same debunked talking points ad nauseam
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/17/22 at 3:28 pm to
quote:

yea, i'm sure it is definitely not frustration from fact not one single person EVER can logically explain why it is in fact a scam, but rather just regurgitate the same debunked talking points ad nauseam


I certainly don't like Richard and/or Hex, but no one has been scammed. He is pretty upfront and most everyone that has participated in Hex and the Pulse sacrifice did so knowingly.

He has also repeatedly told them to expect no value.

While I never liked the idea of sacrificing, he didn't scam anyone into doing it. Sure, there is the implied notion that it can return you multiples, but that is the risk people are willing to take.

I also think he is doxxed.

But you know, people like to focus on this rather than Robin Hood locking people form making trades to protect their hedge fund investors. That is real and people are still waiting to be "scammed" by Richard.

And you best believe, I am no Richard supporter. I went rounds with these Hex bros, but they haven't been scammed. He is probably one of the more truthful guys in the space. Just not for me to sacrifice.

Edit: I think scam gets thrown around way to much also.
This post was edited on 5/17/22 at 3:31 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/17/22 at 3:49 pm to
quote:

Edit: I think scam gets thrown around way to much also.


Anyone throwing that word at hex or pulse has no idea what they are talking about. NONE.

Glad you woke up.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/17/22 at 3:49 pm to
quote:

crypto is 95% scams


Unfortunately there's a lot of truth to this. Maybe not outright scams, but pump-and-dumps during a bull market. During the bear there's way less of this.

quote:

most crypto people are assholes.


Not my experience. Of course there are assholes, there are everywhere. The space is full of fun people who just wanna build, have fun with memes, and make money. That's what's attracting me the most to DAOs and wanting to get into the space.

Just take a look at Buildspace.so, they're the embodiment of the Web3 culture. Their Discord is lit up with people just hanging, meme-ing, and building.
This post was edited on 5/17/22 at 3:50 pm
Posted by FnTigers
Member since Sep 2021
2625 posts
Posted on 5/17/22 at 3:50 pm to
quote:

I certainly don't like Richard and/or Hex, but no one has been scammed. He is pretty upfront and most everyone that has participated in Hex and the Pulse sacrifice did so knowingly.
He's one of the most honest and genuine people you'll find in crypto. Cringe af, yes, but genuine. Also, who else is putting these things on their coins websites?

"Many successful investors have had to withstand harsh price fluctuations. On its way to 6,500,000x returns within 12 years, the Bitcoin price dipped 94%, 95%, 81% and 86%. On some exchanges it flash crashed as close to $0 as possible. Amazon dropped 95% once too, and now it handles over 50% of all internet sales in the USA.

In HEX´s first year the price dipped 81%, 73%, 59%, 67%, 87% and then went on to make new all-time highs. Price dips are often opportunities for the impatient to give their money to the patient. HEX’s large price movements up and down are a feature, not a bug. People who buy tops and sell bottoms hand their money to those who buy bottoms and sell tops. Transferring monetary value from traders to holders lowers volatility over time and holds the price up.

Notice that the HEX website tells you that prices will go up and down violently, while the websites of Bitcoin and Ethereum do not. When the most important thing to users is the price, what would be more important than discussing it? HEX is about realistic expectations."

quote:

I also think he is doxxed
100% doxxed. A billionaire who was a multi-millionaire since age 22. He toured Europe months doing meetups with his community. Compare that to most crypto founders.

quote:

And you best believe, I am no Richard supporter. I went rounds with these Hex bros, but they haven't been scammed. He is probably one of the more truthful guys in the space. Just not for me to sacrifice.
Jay is being honest here. We have been rounds. And he's right about RH being truthful. Who else was calling bitcoin top at the time when all the influencers were saying 100-300k. As far as I know, only RH.



This post was edited on 5/17/22 at 4:12 pm
Posted by TigerIron
Member since Feb 2021
3904 posts
Posted on 5/17/22 at 4:12 pm to


This post was edited on 8/26/22 at 2:40 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/17/22 at 4:19 pm to
quote:

The returns are paid by new money coming in. There is no investment or return on investment behind it.


100% wrong. You don’t know what you’re talking about.

quote:

changed his name because his real name is associated with his history as a scammer,


Please tell me who he has scammed in the past. Give me some names.

This post was edited on 5/17/22 at 4:24 pm
Posted by TigerIron
Member since Feb 2021
3904 posts
Posted on 5/17/22 at 4:28 pm to


This post was edited on 8/26/22 at 2:41 pm
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/17/22 at 4:34 pm to
Waiting for you to tell me his “history of being a scammer”. Be specific. I want to hear it.
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