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re: Took a dive into Hex crypto
Posted on 7/18/22 at 1:02 pm to MikeHatesPETA
Posted on 7/18/22 at 1:02 pm to MikeHatesPETA
Well, look, it is, known by now that im not a hex/pulse stan.
But this shite is hard. ETH has been scheduled to go PoS since inception.
But this shite is hard. ETH has been scheduled to go PoS since inception.
1
Posted on 7/18/22 at 1:55 pm to Hulkklogan
maybe it is hard. but delay after delay is only going to create negative sentiment. and after watching luna, celsius, voyager lose everyone billions, and now there are rumblings of coinbase having major problems, i think crypto in general is in danger. and tenderfoot has been on here saying he thinks pulsechain retires him. i think statements like that are misleading and dangerous
This post was edited on 7/18/22 at 1:58 pm
Posted on 7/18/22 at 2:26 pm to MikeHatesPETA
quote:
i think crypto in general is in danger
It's not going anywhere
quote:
tenderfoot has been on here saying he thinks pulsechain retires him. i think statements like that are misleading and dangerous
That's his fervent belief and sales pitch. If he gets rekt, anyone that thinks the same way gets rekt, if he gets rich, same same.
Whether it moons or not, whether it works or not, I don't think Pulse is a scam. Richard Heart has the money to fund the project in bear for a long, long time. It's highly unlikely it falls off the face of the earth.
Posted on 7/20/22 at 6:45 pm to FnTigers
So to reach parity, it would take alot of $$$ right? It would take 7+ billion according to market cap... and 26+ billion for the fully diluted.. i think... since the total suppy will be x amount x 0 at launch. Not sure how that happens?
Posted on 7/20/22 at 7:59 pm to MikeHatesPETA
quote:
maybe it is hard. but delay after delay is only going to create negative sentiment. and after watching luna, celsius, voyager lose everyone billions, and now there are rumblings of coinbase having major problems, i think crypto in general is in danger. and tenderfoot has been on here saying he thinks pulsechain retires him. i think statements like that are misleading and dangerous
Hex came out a year after scheduled bc Richard wanted to make sure it was right. Works flawlessly.
Richard warned everyone against Celsius and the like.
The fact that you are comparing Pulse to those coins/CEXs tells me you know nothing about crypto. It's obvious you don't.
You will be just like all the others.
This post was edited on 7/20/22 at 8:05 pm
Posted on 7/20/22 at 8:16 pm to MikeHatesPETA
quote:
"software is hard". same excuse. you guys just have your heads in the sand. I hate that pulsechain is your lottery ticket, but that's all it is and a slim chance it does the returns you are expecting.
Actually, in this space, Layer 1 launches have a pretty phenomenal track record of day1/early adopter returns. Look at Cardano. Isnt even usable yet and is a top 10 project.....
Software IS harder than reading/researching; which only takes time and effort...
This post was edited on 7/20/22 at 8:20 pm
Posted on 7/20/22 at 8:18 pm to JayDeerTay84
quote:
Actually, in this space, Layer 1 launches have a pretty phenomenal track record of day1/early adopter returns. Look at Cardano. Isnt even usable yet and is a top 10 project..... Looks like you have chosen neither....
Software IS harder than reading/researching; which only takes time and effort...
He's another in a long line of people on here that loves talking about things they know nothing about.
This post was edited on 7/20/22 at 8:21 pm
Posted on 7/20/22 at 8:25 pm to 21JumpStreet
quote:smoke what? No bro. You clearly don't understand how marketcap works. It's a vanity metric. You don't need a single penny of new capital for the marketcap to double at parity. The copies will be in the hands of the people who hold at the fork. Those coins will trade at a certain price from the start. Instant marketcap. You don't need $1 nor $7 billion.
So to reach parity, it would take alot of $$$ right? It would take 7+ billion according to market cap... and 26+ billion for the fully diluted.. i think... since the total suppy will be x amount x 0 at launch. Not sure how that happens?
Marketcap in a nutshell:
"make a coin with 10 trillion coin supply..... send 9.999999 trillion coins to a random wallet. Keep one coin and set up a LP with 1 coin and 10 USDC....
I'd instantly have the largest MC coin in crypto at 100 trillion." CarRamrod
This post was edited on 7/20/22 at 8:32 pm
Posted on 7/20/22 at 8:33 pm to FnTigers
quote:smart fricking guy!
Marketcap in a nutshell:
"make a coin with 10 trillion coin supply..... send 9.999999 trillion coins to a random wallet. Keep one coin and set up a LP with 1 coin and 10 USDC....
I'd instantly have the largest MC coin in crypto at 100 trillion." CarRamrod
Posted on 7/20/22 at 8:37 pm to FnTigers
Maybe I'm wrong. But the ledger is what keeps track of this. So you are saying market cap does not equate the amount of $ bought in?
Posted on 7/20/22 at 8:45 pm to 21JumpStreet
quote:Bingo!!
So you are saying market cap does not equate the amount of $ bought in?
ETA: It's simply calculated by multiplying the price times the number of coins in circulation.
This post was edited on 7/20/22 at 8:51 pm
Posted on 7/20/22 at 8:54 pm to 21JumpStreet
quote:It's simply calculated by multiplying the price times the number of coins in circulation.
Explain please
Marketcap in a nutshell:
"make a coin with 10 trillion coin supply..... send 9.999999 trillion coins to a random wallet. Keep one coin and set up a LP with 1 coin and 10 USDC....
I'd instantly have the largest MC coin in crypto at 100 trillion." CarRamrod
The example above shows how it works. $10 in USDC can give you a 100 trillion Marketcap.
When you inject capital into a coin, the marketcap goes up if no sells happen. The price of EVERY coin is now worth a little more.
Hope that helps.
Posted on 7/20/22 at 9:04 pm to FnTigers
So why aren't their meme coins to do this to make bitcoin look like a chump in market cap?
Posted on 7/20/22 at 9:06 pm to 21JumpStreet
quote:It happens all the time, but the ranking sites don't put them up there. Every now and then one will slip through and be up top on these marketcap sites.
So why aren't their meme coins to do this to make bitcoin look like a chump in market cap?
Posted on 7/20/22 at 9:07 pm to FnTigers
Interesting, never seen them. Know any off the top of your head?
Posted on 7/20/22 at 9:08 pm to 21JumpStreet
I think I can help with the whole “Pam” “Pan” thing.
Posted on 7/20/22 at 9:09 pm to 21JumpStreet
quote:Not right off hand. It's so random and they are blacklisted. They aren't good and legit coins. They are manipulated by doing what CarRamrod explains. But it helps understand how all crypto marketcaps work. It's always price x circulating supply.
Interesting, never seen them. Know any off the top of your head?
Posted on 7/20/22 at 9:13 pm to 21JumpStreet
Posted on 7/20/22 at 9:17 pm to 21JumpStreet
A real-life example right now:
HEX
A 10 million usd buy would 5x hex market cap.
The 10 mil buy would change MC from 5B to 25B instantly.
HEX
A 10 million usd buy would 5x hex market cap.
The 10 mil buy would change MC from 5B to 25B instantly.
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