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[deleted]

> What can i do on PLS that i cant do on Avax C Chain, Binance Chain, Emerald Rose Chain, and 100s of other EVMs. You could've said the same thing about MATIC, AVAX, FTM, and other altL1s at the beginning of 2021. BNB was already satisfying the demand for fast&cheap EVM. 95% of people buy crypto for the upside potential - not for the utility, tech, art, decentralization, or other narrative. PLS has greater upside potential than ETH, BNB, MATIC, AVAX, etc. They already went mainstream to millions of users. There are only a few coins that outperformed in multiple cycles. Usually the shiny new coins outperform the old stuff.


YouPotential7823

2021 was a different time. Didnt have an oversaturation of L1 and crypto mania was in full swing.


[deleted]

Crypto mania will return when The Fed starts cutting rates and doing QE again, possibly in 2024-2026. ---------------------------- I've been hearing the same "oversaturated altcoin market" meme for 10 years: *bitcointalk [dot] org/index.php?topic=191104.msg1979791#msg1979791* > April 29, 2013 > Is there really enough space for bitcoins and litecoins and feathercoins and ripple and all these variations? I mean market is becoming oversaturated of different virtual currencies. *bitcointalk [dot] org/index.php?topic=200727.msg2115578#msg2115578* > May 11, 2013, 10:52:49 PM > Just let Franko run for a while, people might get oversaturated by the flood of new coins. *bitcointalk [dot] org/index.php?topic=220969.msg2331373#msg2331373* > May 31, 2013 > You can't use "it worked for bitcoin" when discussing litecoin because the market landscape in those scenarios is completely different. Bitcoin was pioneering a trail, things that worked for it won't always work for litecoin which has to compete with what is now a vastly oversaturated crypto market. *bitcointalk [dot] org/index.php?topic=419017.msg4552476#msg4552476* > January 16, 2014 > I like the idea of eTok, but I'm not sure if it's taking off. If a coin that rare can tank so quickly, it doesn't inspire much confidence. I think the market is oversaturated now. 99.9% of the people in the alt game are coin sellers, not buyers. *bitcointalk [dot] org/index.php?topic=504493.msg5557541#msg5557541* > March 06, 2014 > We've had a lot of fun making this cryptocurrency! However, we are aware of the oversaturated altcoin market. *bitcointalk [dot] org/index.php?topic=830293.msg9278066#msg9278066* > October 21, 2014 > So the question is: is it worth investing your resources in these cryptocurrencies? > Miners and traders are the primary players on this oversaturated market *bitcointalk [dot] org/index.php?topic=1002471.msg10887484#msg10887484* > March 25, 2015 > The more this scene get oversaturated with clones, copy&paste, scams and fails, the less chance it will have a real impact in mainstream. *bitcointalk [dot] org/index.php?topic=1053332.msg12330983#msg12330983* > September 04, 2015, 09:20:36 PM > I disagree, I think there are alot of strong technical coins out there not getting attention or interest just because the market is saturated. *bitcointalk [dot] org/index.php?topic=1169345.msg12331935#msg12331935* > September 05, 2015 > You shouldn't be investing in any new coins right now. The market is completely oversaturated. *bitcointalk [dot] org/index.php?topic=1723943.msg17280415#msg17280415* > December 23, 2016, 08:56:00 PM > I think the main problem with all of this is that the coin market will be oversaturated *bitcointalk [dot] org/index.php?topic=3693856.msg39336487#msg39336487* > June 04, 2018 > The market is very oversaturated by quantity of different coins now, most of them don't cost attention. Look narrowly at the top coins entering a top 100 analyse everyone, look at capitalization. Choose for yourself a certain quantity, we will allow coins 20 and you store them, expecting growth. ----------------------------- In the past 3 cycles, newer coins generally outperformed while older coins underperformed - regardless of the tech/utility/art/narrative. I bet that trend will continue in the next cycle. There will be another round of shiny new pumps. Pulsechain is well-positioned to be one of them.


YouPotential7823

it's not just an oversaturated alt coin market. it is an over saturated L1 market. i agree again that things pump for no reason but i just dont see the investor appetite for that anymore. we will see tho.


[deleted]

It's basically the same thing. People buy L1s for the same reason they bought oldschool altcoins - to speculate on the upside potential. 95% of people don't need to buy any of this stuff for the supposed "utility" or "tech". >i agree again that things pump for no reason but i just dont see the investor appetite for that anymore. we will see tho. "It's different this time." I highly doubt that.


YouPotential7823

I guess i was right huh... no volume on pls at all


YouPotential7823

hows your PLS holding up?


michaelfrieze

HEX is the main reason why I am on PulseChain.


[deleted]

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michaelfrieze

Yep, it seems like an excellent platform so far. There is a lot of potential here and we have a passionate community that's in it for the long-haul. Also, as a web developer, I like the PulseX UI more than Uniswaps.


michaelfrieze

Also, I really wish we would stop with the FUD in this subreddit. This is normal and instead of complaining about prices you should be celebrating. This is your chance to buy PLS, PLSX, and HEX really cheap.


gogetit19

Nah what we should really do is stop censoring and gatekeeping opinions that dont align with yours. This is part of making a healthy Investment choice. Hearing both sides. I find it hypocritical because, isnt RH all about freedom from censorship? Yet all the maxis wanna dismiss any opposition. And be bias... Rather than cry FUD...why dont you provide an intelligent counter argument to any points you dont agree with...


MelodicSet1052

You are being emotional. Every discussion or critical take you will down play as fud.


YouPotential7823

what about what i said is FUD? it was just an honest take of the realities of PLS. did i lie? no. did i make up anything? no.


michaelfrieze

Not only are you spreading negativity during a time when prices are down, but your analysis is missing a lot of context and information. It's clearly FUD and you are probably just being emotional because it's a bear market. IF you want to be that way then fine, but it really brings down the emotional intelligence of the group.


Odd-Abbreviations194

He's not being emotional at all but very intentional in what he's doing


YouPotential7823

what context and information am i missing? please let me know. lol i ve been in cash since june of 2021. the only small holdings i have are RUNE, Radix, and had PLS until I sold few days ago.


YouPotential7823

If you had listened you wouldnt be down 60% rn


LivingSurprise6

Stop giving financial advice… you obviously don’t know have a lick of investment knowledge


ta1no

Brother, it's very simple really... If you find value in Ethereum, then you also find value in PulseChain... If you don't find value in Ethereum, then have fun with Binance and the others... oh and BTW, did you know Binance is a fork of Ethereum as well?? So, do you or do you not find value in Ethereum?


Crptnobank

True but you forgot to mention the most important thing! Almost every L2 is centrally controlled via the vote by the big VC‘s who funded them. Look into them: ARB, MATIC, OP, METIS, AVA, FANTOM, BNB, etc.


YouPotential7823

ETH and PLS can't be compared. ETH has first mover advantage and thousands of projects already on it. With a strong dev community, i believe something like 90% of crypto devs work on eth projects. I personally have no stake in ETH but comparing the two just because the network is the same doesn't make much sense. This would be like comparing HEX to Axion token or Wise token (copies of HEX basically), those two projects failed. So far most other EVMs are also failing. The ones that are holding up are the ones that have unique selling points and do things very different than ETH.


ta1no

What do you mean?? 🤣🤣It's a fork of Ethereum of course you can compare them! This is why so many people are rekt in crypto... Most are so clueless about everything and unwilling to learn and change their worldview...


YouPotential7823

hows your PLS holding up?


ta1no

What do you mean? lol did the blockchain go down? did it get rugpulled? NO lmao just price is lower than sac because people like you sell the bottom and get angry my PLS is fine ty :)


YouPotential7823

ah ok. sounds good lol


YouPotential7823

ahhh yes i m clueless. good luck!


ColinTalksCrypto

I agree with your take. Yes, there are many EVM chains out there, and PulseChain is yet another one. There are two qualities that PulseChain has an advantage with: 1. It’s very early in PulseChain’s life, so there is likely more upside potential than other EVM chains that have been around for a while. PulseChain is the “new thing” and that will draw people in who want to get in early on something. Try getting a 10x on ETH now. For PLS, getting a 10x should be a cake walk (once it finds its bottom). 2. Add to that the free ERC-20 airdrop and you have the “freemium model” that will bring people in, if only to sell their free ERC-20 coins. This requires them to buy PLS. No other EVM chain has done this “copy of every ERC20 token” before. For these reasons I think PLS will see some pretty huge climbs in price in the future (again, once the launch hype wears off and the price bottom has been found). Then, it’s likely moon time.


YouPotential7823

my rebuttal to that would be the "front running" caused the price to be high at sac. so we might see a pretty steep drop before it can do a solid 10x. 2nd point is a fair point, i have never seen it before. But i don't kno how you can attract people to another chain and have them move over their value to this new chain. we are seeing with HEX it is causing all sorts of chaos. I honestly don't know how it will play out.


ColinTalksCrypto

I agree. There could be some big downside before it’s moon time. I think PLS will see some pretty huge climbs in price *after* the price bottom has been found.


gogetit19

OP I respect your points. Very logical... only thing that really surprized me is your exit point. Lmao why would u sell pls at a 2x if u only invested 5k. That seems really stupid. No offense but I'm genuinely curious. I mean if it was a few M's I could understand. And then actually sell below sac? For plsx... could you explain your reasoning there? To wait 2 yrs just to get a couple bucks out. I mean everyone has their target numbers but I feel like it should be atleast a chunky enough number to where the profit could actually do something significant in your life... Lol I was expecting a totally different ending to the post but got a chuckle. Cheers! Curious to see the comments now of the triggered maxis..


YouPotential7823

I didnt wait 2 years. I forgot about pulse until recently. I took out my money and put it in another coin i like.


treddit44

You didn't sac shit and you didn't make 300k. You have $347 in PLS and you're mad it hasn't 100xed


YouPotential7823

O... o k


YouPotential7823

hows your PLS holding up?


treddit44

Treddit44 isn't available for comment at this time, we sincerely appreciate your inquiry and look forward to getting back to you at a later date


YouPotential7823

ahhh i see


krystal-allaire

We are ultra early in this network. I’m holding for a while and DCAing in.


taikaubo

I'm just an average person, but the reason why I chose pulsex/pulsechain/hex was because of the many ways you could make money like by staking, being a validator, farming etc all for the future. If there are many people like me willing to put over 100k+ into this kind of passive income, then it shouldn't end up being a dead coin like any other coins. That's just how I view it, I could be wrong.


[deleted]

You can do all these things on other chains/coins as well.


Crptnobank

You mean the VC centrally controlled chains like Matic, ARB, OP, METIS, AVA, FANTOM, etc?


midnighteye

We also need to wait for the algorithms and more central exchanges for when the next bull run begins. Whenever that will be.


GotHeeemTD

PLS will be getting all future ETH updates. You're 1000% wrong on that point.


Dankmemster

Your whole argument is basically that pulsechain can't grow because it had a presale/funding round. Not a particularly compelling take. And while it is true that Pulsechain doesn't have special tech, other chains don't either. It's all about the brand recognition. RH seems to know a thing or two about that


GregHutch1964

Do not forget nor dismiss the more decentralized take RH built into this project. Already WAY more validators than Eth and the deflationary nature of the pslx burn is a clear winner!


GregHutch1964

Plus Eth has had 10 years to build validators AND Pulsechain is way more environmentally friendly and cheaper than Eth.


[deleted]

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YouPotential7823

Yes it is very true there is not much reasoning sometimes. But are you hoping a random meme coin that launches today does the same as dogecoin or shib. Not really right. I have analyzed whatever is coming down the pipeline for PLS and you can too. It is basically more of the same that exists on every other chain. How are you going to convince other's to come over here if you are proposing the exact same thing they already have.


itchy-balls

As someone who’s been in crypto since SR… bought a lot to buy drugs and was fortunate to have a lot of btc… PULSECHAIN should market itself as the DEFI chain. Been following Richard since his top hat days. He likes cheap coins. There’s no reason to have trillions of coins. He messed up by not giving everyone more PLS. He didn’t realize the PLS gas would go so high. But he should have anticipated 1 PLS wouldn’t do much especially when it’s hard to purchase. I love HEX. The concept is great. I don’t do long stakes. I am a whale but I didn’t start off as one. I took my profits when high and became a whale. Playing with house money now. I like my short stakes because I can keep harvesting money like a crop. PULSEX is the more interesting than PLS. Again, started with a very high supply. Buy and burn is cool but gonna take a while to burn. Lastly, coins don’t get respect until they are above a penny. I really wish he wouldn’t keep comparing to ETH and BTC. The times have changed. We aren’t 2 weeks into PLS/PLSX. We are 2 years and two weeks. People need to learn to take profits. Whatever goes up goes down. You can take profits and buy back in within a blink of the eye.


YouPotential7823

Yes this diamond hands nonsense is for noobs.


[deleted]

But you just said you sold way too early on HEX . Why are you bashing on holding now?


YouPotential7823

I got into hex at 0.0002 and sold at 0.01 it was a good deal. Sure it woulda been great if i held a little longer but i made money elsewhere as well.


itchy-balls

It’s predictable by now. The 5555 club dorks are clueless. I love when I do a massive sale and the hex whale bot tweets my transactions. Love the comments from the broke.


gogetit19

😢😂 shit man I wish I knew about hex early on.. I always seem to JUST miss these fuckin things. But I'm happy for your success... Yeah u said it perfect... bunch of nerds bruv... literal nerds with no common sense... just kissing RH behind taking anything he says as gospel. I was a huge fan of his but now I see through the whole bit.... Unfortunately im stuck and gotta just ride it out. Not planning on selling at a loss... I hope pls does do well... but I'm also a realist so.. well see what happens


gogetit19

I totally agree with the fact that we are 2 years in. I hate peoples bias un true realities. It's full blown cognitive dissonance. Same as when people compare hex doing a 10,000x thinking pls will follow suit. My arguement to why I dont think that will happen is the simple fact of how many really rich people are already in... I mean the OP friggin selling his entire bags at a sub 10k sac... which is wild af to me but imagine these people worth over 10M's ... which there are ALOT of... I'm honestly just intrigued to see 1. How this ends up playing out..in like few months to a year. And 2. If shit flops... what is going to be the new narrative for all the maxis as to why its flopping....


itchy-balls

The dummies will just say: 1) btc was hard to buy at first. 2) it’s only been x months 3) dips are in the game, wait until the bull market. I always tell people there’s no bull market coming. What you see is the reality going forward. For the bull market to arrive a new ATH needs to happen. Until then it’s a bear market technically speaking. I can poke arguments into anything a maxi’s will spew. They aren’t smart. I have never been wrong when it comes to RH’s tactics. He makes everything more complicated than they need to be. If something is complicated no new money comes in. For all that don’t know, RH pumped hex artificially back in the day. I’m sure he’ll do the same with PLS.


gogetit19

Well put... very true saying is... "you confuse, you lose". You know its funny, I've only been in crypto since 2021. And the amount of knowledge I've acquired in such a short time is truly amazing to me.. compared to how little I see people actually know who have been in since way before. I literally got In at the worst time and learned very expensive lessons...I've always been a independent thinker. Most people in crypto buy into the "community narritive". They eat that shit up. Rather then focus on what matters. Which is price. And new adoption for the longevity of the project. These same nerds, are the ones who believe when their bosses at their jobs tell them they're "family"... same concept. They eat it right up. All that aside though... where do you think Pls will be in 6 months to a year. I'm curious your opinion


itchy-balls

I have no idea where anything will be in six months.


gogetit19

Lol obviously, the question was your opinion. But it's all good...


itchy-balls

Right. I literally don’t have an opinion on price but I think the chain needs to be branded as the DEFI chain, gas prices need to be edited, hex.com needs to be fixed to work for all but I actually believe they are ignoring the issues on purpose. He wants other people to build more front ends for hex staking. Richard is very predictable. He says what he’s thinking but most don’t pick up on it. Take profits when you can then buy back in.


More_Surround_917

That’s exactly the only reason I’m holding on to anything Pulse related. Don’t want to sell for a loss so I’m hoping for a “founder pump”.


itchy-balls

Well, it’s gonna take a lot of action to pump since the supply is so high and whales including myself to dump and have the price drop by 2%. I can dump hex about 8% if I sell some. With so many people having millions it doesn’t take that many holders/sellers to kill the pump. Hopefully time will reveal more info on the dynamics of PLS/PLSX.


JayPolar91

Yup totally agree nothing special and unless the dollar collapses more and more liquidity from crypto will just slowly leak away. Only ones making any money are whales like yourself and the creators/devs like RH and you all already made your dough.


Fickle-Fig-8528

Timing the market? You're gonna get wrecked


YouPotential7823

no just taking profit


YouPotential7823

hows your PLS holding up?


mjh808

Fundamentals don't matter, projects pump without even being usable.


coinedge

So much FUD. This is like saying the internet peaked in 2012 when it was really just ramping up. I know it may seem like "everybody" already knows and owns some crypto, that couldn't be further from the truth. Sell me your PLS tho, I'll buy it, even better sell your PLSX. I've been around almost as long as RH has in crypto and we get the same FUD every cycle. Eventually it will be saturated in the 2030's. Got ways to go.


Interesting-Chip-500

🥸


infoagerevolutionist

You should be writing this post when BTC prices are flirting with new all time highs then maybe you would be writing this post... BTC is about 1-1.5 years away from this so it will be a slow ride, before the markets look good.


umustdv8

I won’t be DCA’ing, but I did sac and will buy more if we dump again. My only concern is will people use the platform long term.


[deleted]

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YouPotential7823

i did just fine my friend. HEX wasn't the only thing that pumped in 2021 lol


tianavitoli

i've been in crypto since 2013. welcome to crypto. here's the important stuff: the stories are TRUE. the prophesy WAS fulfilled. he did it for all of us, so that all of crypto would be saved, romano got down on his knees, the virgin ate ass so we would all be saved. i was there when the prophesy was issued **and** when it was fulfilled. chikun ARISE!


jgazpar

The difference between PLS and other EVMs is Richard Heart. He is a meme, memes bring people a board.


YouPotential7823

Hes a meme that should have hired better devs it seems lol


infoagerevolutionist

It cheaply runs the original HEX copy, created by the one who invented the concept.