- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Pulse chain
Posted on 5/31/23 at 2:29 pm to MikeHatesPETA
Posted on 5/31/23 at 2:29 pm to MikeHatesPETA
quote:
The poor people that listened are down huge.
everyone is down huge. people that bought BTC at 69,000... ETH at 4,000, HEX at 0.50, etc...
so what's your point?
2
Posted on 5/31/23 at 2:56 pm to finchmeister08
quote:
so what's your point?
That crypto is worthless.
Posted on 5/31/23 at 3:01 pm to MikeHatesPETA
Posted on 5/31/23 at 3:16 pm to finchmeister08
Coin Desk Opinion piece
Thoughts on this opinion piece?
Thoughts on this opinion piece?
quote:
But in the weeks since PulseChain’s May 13 launch, as laid out by Protos, the system has seized up and failed in a variety of ways. That included high fees, despite the entire rationale for the PulseChain project being essentially “Ethereum, but with lower fees.” After Protos published its analysis, another devastating bug was discovered which is thought to have robbed liquidity providers on the PulseX DEX of millions of dollars’ worth of fees. In another index of how busted the economics of the system are, wrapped bitcoin briefly spiked to $70,000 per token on PulseX, more than twice its open market price.
quote:
Meanwhile, the price of related assets including HEX, PLS and PLSX have sold off aggressively since launch, dropping on the order of 30% or more in the days since PulseChain launched
quote:
Perversely, this is one of the reasons you may not have heard much about Hex or PulseChain. Heart’s absurd persona seems calculated to keep his projects firmly in Bizarro Crypto World, beneath serious attention. It’s the tactical equivalent of misspellings in deceptive emails, which security experts say are intentionally included to scare off people with good critical thinking skills. By selecting his own pool of credulous (and possibly vulnerable) investors, Heart has created a parallel universe where he is viewed as some mix of Satoshi Nakamoto, Vitalik Buterin and Tai Lopez. (Because, you know, Lambos prove you're smart).
Posted on 5/31/23 at 3:52 pm to WDE24
It would be better if you asked people that actually used the chain and dex what their opinions are vs what our opinion is of someonelse's opinion based on second hand information.
Or, if you are not broke. You can swap a few hundred bucks and see for yourself and swap back if you dont like it.
I mean, if you have spare change laying around.
Or, if you are not broke. You can swap a few hundred bucks and see for yourself and swap back if you dont like it.
I mean, if you have spare change laying around.
Posted on 5/31/23 at 3:54 pm to WDE24
I for one, believe everything I read on the internet.
Posted on 5/31/23 at 4:13 pm to JayDeerTay84
quote:I’ve read the opinions here. When I look for news related to pulsechain, these articles paint a different picture than the users in this thread. Is it not fair to ask for a counter to the points identified in the article?
It would be better if you asked people that actually used the chain and dex what their opinions are
quote:Is this some kind of passive aggressive challenge to the size of my wallet? This kind of discourse lends some credible to the points made in the linked piece.
Or, if you are not broke. You can swap a few hundred bucks and see for yourself and swap back if you dont like it. I mean, if you have spare change laying around.
Posted on 5/31/23 at 4:16 pm to WDE24
quote:
Is it not fair to ask for a counter to the points identified in the article?
What counterpoints? Did you read the 3 paragraph article? Its 90% about RH and 10% about the project.
quote:
Is this some kind of passive aggressive challenge to the size of my wallet? This kind of discourse lends some credible to the points made in the linked piece.
It was a general statement that its not that expensive to see for yourself.
You obviously have spare time enough to post about crypto so I am assuming you are not broke as broke people should be maximizing their time and effort earning $$$...
Posted on 5/31/23 at 4:20 pm to JayDeerTay84
quote:Has the system seized up in a variety of ways? It’s the cost of transactions substantially higher than promised? Was a significant big identified that cost investors? Has it dropped in value 30%since launch? Is Heart intentionally targeting those vulnerable to fall for schemes while he cashes in?
What counterpoints?
Posted on 5/31/23 at 4:26 pm to WDE24
quote:
Has the system seized up in a variety of ways
The system hasnt gone down once.
quote:
It’s the cost of transactions substantially higher than promised
My average transaction cost are in the pennies. My average ETH transaction is $20+ over the past month.
quote:
Was a significant big identified that cost investors?
Investors? No. The bug was related to partial rewards for liquidity providers. Nothing was stolen and no one was robbed. They simply were getting less than originally planned because the code burned it.
quote:
Has it dropped in value 30%since launch?
Its up 2.5X from the sacrifice price.
If you are new to L1 launches, the charts post launch are typical in this space. Big FOMO, early adaptors dump, then back up.
quote:
Is Heart intentionally targeting those vulnerable to fall for schemes while he cashes in?
I never got an email from anyone about Pulse. In fact, based on the volume of Pulse and PulseX, in my opinion based on other projects I have been involved in, they did way LESS marketing than they should have.
Also, this is one of the few that wasn't backed by VCs with harmful token release schedules.
This post was edited on 5/31/23 at 4:28 pm
Posted on 5/31/23 at 4:28 pm to WDE24
Some of the Pulse true-believers do not like any questioning of it.
Posted on 5/31/23 at 4:31 pm to JayDeerTay84
And I just checked, its up 350% from its price on launch day if that is the number you want to use.
Posted on 5/31/23 at 4:51 pm to JayDeerTay84
quote:Why are articles saying down 30%? Are you all looking at different things, different time frames? What is up 350%? Can you cash that out if you wanted?
And I just checked, its up 350% from its price on launch day if that is the number you want to use.
This post was edited on 5/31/23 at 4:58 pm
Posted on 5/31/23 at 4:55 pm to WDE24
LINK
Are these numbers bogus?
Are sacrificers locked in?
Are these numbers bogus?
quote:
From May 1 through May 22, neither PulseChain (PLS) nor PulseX (PLSX) had any major exchange listing. HEX was the only asset of Richard’s three tokens with liquid, independent price discovery. HEX is therefore the best measure of the value of Heart’s empire. To that end, consider the price of HEX. On May 11, HEX rallied to a 52-week high of $0.08 per token amid rumors of an imminent Pulse mainnet activation. Its market capitalization crested at $13 billion. By launch time on May 13, HEX had lost one-third of its value to approximately $0.05 per token — just shy of a $10 billion market cap. Then, on launch day itself, everyone realized the party was over. Smart money had already sold the news. HEX halved within 24 hours to $5 billion. In subsequent days, HEX has continued to sell-off and now trades below $0.02 per token around its 52-week low market cap of $2.2 billion
quote:
The point of Pulsechain (a fork of Ethereum) and its on-chain exchange, PulseX (a fork of Uniswap), was to reduce fees. However, most fees haven’t reduced at all. Gas fees for a full sequence of transactions using Pulse are prohibitively expensive, with documentation and how-to guides in disarray. Would-be Pulse users need to pay gas fees for: Bridging assets onto Pulsechain, Activating multiple DEX trading pairs on Pulsechain, Swapping non-Pulsechain tokens into Pulsechain tokens (plus MEV and slippage), Providing and removing liquidity (plus impermanent loss), Trading on Pulsechain (plus MEV and slippage), Swapping Pulsechain tokens into bridgeable assets (plus MEV and slippage), and Finally, another suite of gas fees for transferring the bridgeable assets back to the original blockchain. Heart waves away focus from these inundating fees with disingenuous promises about Pulsechain being “150X cheaper” than Ethereum. In reality, most PulseX users are stranded at best or underwater at worst.
Are sacrificers locked in?
quote:
For instance, consider sacrificers just for PulseX who finally received their mainnet PLSX on May 13. Prior to May 23, there was no exchange for these users to acquire PLS for gas fees to move their PLSX tokens. In actual effect, therefore, all of their funds remain immovable. Sniffing an opportunity for easy money, an opaque network of over-the-counter dealers set up price-gouging offers, charging users prices like $0.10 for PLS despite its actual value being 99.9% cheaper. Some scammed users out of funds by promising to send PLS in exchange for assets that they simply stole. Faucets tried to give away PLS and immediately depleted amid the chaos.
quote:
PLS has retained some value, but mostly because gas-starved PLSX users have millions of dollars worth of locked funds that require PLS in order to sell. The bid of stranded PLSX users is one of the few sources of PLS demand — and the bid mostly exists so that they can sell.
This post was edited on 5/31/23 at 4:58 pm
Posted on 5/31/23 at 4:56 pm to BottomlandBrew
quote:we honestly don't give a crap what you think nor do we care if you buy. The blockchain is an absolute joy to transact on. Cheap as hell. Opportunities galore. Good luck!
Some of the Pulse true-believers do not like any questioning of it.
Posted on 5/31/23 at 5:07 pm to WDE24
quote:
From May 1 through May 22, neither PulseChain (PLS) nor PulseX (PLSX) had any major exchange listing.
I love how you all want major exchanges sooo bad.
Not your keys, not your coins. We've had a few exchanges as pulsechain and more are coming if that's what you are looking for.
Do you want to buy something BEFORE it becomes easily available to everyone or after?
quote:
Are sacrificers locked in?
https://bridge.pulsechain.com/#/bridge
No, there is a bridge. See above link. You are absolutely not locked in.
There has already been $150M bridged to pulsechain. See link below.
https://plsburn.com/
quote:
Some scammed users out of funds by promising to send PLS in exchange for assets that they simply stole. Faucets tried to give away PLS and immediately depleted amid the chaos.
Come on bro, you can't be serious. Should I post links of all the BTC and eth scammers and claim that as legitmate? come on man.
I can pick any time period and make any stock or crypto look bad.
Go look at any ICO that started and what % it went down within the first week.
You can't be serious with this man.
This post was edited on 5/31/23 at 5:09 pm
Posted on 5/31/23 at 5:11 pm to boomtown143
quote:I read about this in this thread and then Google pulsechain and select the news tab. These are the articles popping up. I come here to try to get clarification between the glowing opinions and reviews on TD Money board and the less then glowing reports I see when I try to get more information.
You can't be serious with this man.
I’m not making an assertion other than there is a disconnect between what I read here and the articles that I see when I look elsewhere.
I am looking for a better understanding of why that disconnect exists and why the thoughts, opinions, and experiences shared here should hold more weight than the opposing views expressed in the articles.
This post was edited on 5/31/23 at 5:13 pm
Posted on 5/31/23 at 5:12 pm to WDE24
quote:
Why are articles saying down 30%?
Narrative. They used things like when CoinGecko or CoinMarketcap list them and start from there, which you know, isn't the actual start date.
quote:See above.
Are you all looking at different things, different time frames?
quote:Pulse.
What is up 350%?
quote:
Can you cash that out if you wanted?
LOL how do you suppose people are selling? You know, if no one can cash out, do you think you would be reading articles about the price dropping?
Its almost like you are just trolling guy!
This post was edited on 5/31/23 at 5:13 pm
Posted on 5/31/23 at 5:18 pm to JayDeerTay84
So are any of you guys cashing out up 350% ? That seems like a fantastic return.
Posted on 5/31/23 at 5:19 pm to WDE24
quote:
So are any of you guys cashing out up 350% ? That seems like a fantastic return.
I'm absolutely not.
L1s returns are higher. It's just starting and I'm buying more.
Think long term
This post was edited on 5/31/23 at 5:22 pm
Page 13 of 15
Popular
Back to top
Follow TigerDroppings for LSU Football News