/biz/ - Business & Finance

>>50796895
It's not really an IQ filter as there are utter retards and big brain geniuses in the HEX community. It's rather an "are you capable of seeing past appearances" filter.

The people who can't get past the hat, don't really know what they're looking at or talking about when they're trying to understand HEX or Richard Heart.

>>50797430
I liked that post, that's pretty much it. It filters the midwits out and the bellcurve meme is real. What i do not understand tho, people that called hex a scam lost their coins in celsius. Richard basically nailed it, he repeated it over and over again to take your coin off celsius cause you're going to loose all your money. Even on cryptobanter, face2face with mashinky himself.

>>50796895
RH here. I'm once again asking you hex members to sacrifice for the next great thing. Please only use stables so I don't lose money during crashes. I will use all of your sacrifices to market this next big thing by buying myself handbags, cars, and jewelry. Just give me two weeks to launch this amazing new token. Also, no expectations, hence it being called a sacrifice.

>>50797876
>What i do not understand tho, people that called hex a scam lost their coins in celsius.
The light of truth burns the eyes of those who dwell in the darkness. The people who make up, are invested in or adjacent to the scam industrial complex experience physical pain when confronted with the truth about the nature of their allegiance. Richard is constantly calling them out as evil scumbags and borderline criminals and accomplices to the perpetual victimization of users by bad projects, vulture capitalists, influencers and their followers.

The physical pain that they experience is a result of having a conscience that knows what they do to be evil regardless of whether they're fully conscious of it. To escape this feeling of pain, they need to transform it into hatred against Richard as a way to cope with their guilt. It's not me (the LUNA/Celsius shilling influencer) that is the scammer, it's him (the guy who's product works flawlessly while empowering the users and requiring them to hold their own keys) who is the scammer.

dead thread, dead coin
SAGED

>>50796895
No adoption will happen at all because pulse will be a centralized chain and rh can do with it as he pleases, maximum of 33 prepicked validators that are ranked by votes yet that manbaby owns 90% of all tokens. Nobody wants to build decentralized apps on a centralized chain or place their trust into a sociopath to not dump on their heads on top of the already centralized chain.

>>50800300
Crypto is supposed to be trustless but pulse is the exact opposite. even if richard didn't own 90% of the supply it would still be way to centralized. Richard's solution to reducing fees was by centralizing his chain wauwi such a supergenius.

It truly is the biggest iq filter indeed, only absolute technically illiterate mongloids would take that clown serious. He knows that we know that he is full of shit but he is just farming normies at this point. the effective marketcap will start at 1b usd+ if the starting price is around the sac price or 10b+ if you count rh's holdings yet retards still think it can do more then a 10x realistically.
Cant wait until it fails miserly

oh hey guys whats going on

>>50797430
dressing like a clown is part of the scam. so the cult members think the fudders are just not seeing past the appearances. lets the stupid feel clever for "seeing past it" and deflects criticism. obviously. without the clown act you'd be left thinking the haters are hating for some other reason (like the fact that its a scam)

>>50799139
>people who don't like us are evil
classic cult mentality
you see it in all the great cults
whats next, denouncing friends and family members who refuse to see the light?

>>50800300
>>50800320
very well said, not much to add to this. if you only read two posts in this entire thread make it these 2

>>50799139
Celcius was a centralized entity that could, if they wanted to, also accept Hex. It doesn't say anything about the underlying assets retard. Luna was just a failed algorithmic stablecoin and people where warning it would end In a dead spiral for months before it happened.

>>50800684
Much thanks fwen
Hextards are the least competent yet the most arrogant, its almost poetic. Dunning kruger effect in full force. Its funny how all these hex youtubers are exactly how you would expect them, to dumb and normie like to doubt themselves or their retarded believes and just repeat the gibberish richard told them without understanding what it was.

>>50800430
>>50800494
>>50800646
>>50800684
You're guilty of fudding. I, with the power of the blockchain, sentence you to get rekt in shitcoins forever. *slam*

>>50800494
There's no discourse to be had here based retard. You're just a HEX thread reply guy who bumps up them up with negatively framed statements that lack any nuance.
>>50800646
A cult is what an effectively organized ingroup is labeled by a threatened outgroup in hopes of hindering its expansion into the mainstream culture before it becomes too powerful to be stopped. Also crypto's without cults are non-entities.
>whats next, denouncing friends and family members who refuse to see the light?
How is denouncing Crypto Banter or Datadash or the countless scammers that shill coins that go to zero, comparable to denouncing family members? Obviously it isn't, but you're just looking to poison the well somehow, so I guess no lie is too low for you.

Wow that thing is still going? I made a last profit on it last year while you retards were locked in for 15 years.

>>50797876
>people that called hex a scam lost their coins in celsius
Do you think this is true of all the people who called HEX a scam or a small subset of them? Do you think it's also possible that there are some people who invested in HEX who also lost money in Celsius?

>>50797876
Hey orange ID anon here. I fucking got you dude I made you admit your gay crypto is full of retards ha ha fucking jackass

>>50801134
so you realized you can't deny you're a fanatical cult so you decide to reframe cults as a good thing and people calling out the cult as bad. typical, just like you reframe centralization as actually a good thing, and how its actually a good thing that richard owns 88% of hex. when you can no longer deny the obvious you just reframe it. and the deflection, when you can no longer defend yourself you attack some other. basic tactics but effective on stupids.

>>50801266
it's just a tactic. rich probably used it on them so now they repeat it. basically you just associate your critics with a known bad and repeat it hoping it sticks. it's a common tactic in american political theater for example, with the media calling trump voters racist over and over. so now hexicans are calling out their haters as "people who bought into celsius". it's all so predictable.

>>50801266
>Do you think it's also possible that there are some people who invested in HEX who also lost money in Celsius?
A probability, maybe they're to ashamed to admit it.

>>50801586
>basically you just associate your critics with a known bad and repeat it hoping it sticks
You mean like you do with calling HEX holders a cult and HEX a scam.
>it's all so predictable.
...and boring. It's soooo fucking boring.

>>50801823
no, because you literally are a cult. have all the signs of a cult. you've even stopped denying it and are now trying to reframe it as a good thing. dogmatic beliefs, a cult leader, all critics are denounced as evil, classic cult stuff.

it is definitely an IQ filter in the sense that only the lowest IQ investors fall for RH's bullshit

>Richard and his indian devs never expected ETH2 to launch on time
>all the work they've done is forking PoW ETH
>promised to preserve the system state
>ETH merge / ETH 2.0 will launch and fuck up all the work that has been done
>richard goes on a big stream to do damage control "don't worry guys 2 more months"
This is the worst project I've ever invested in

>>50802156
>all the work they've done is forking PoW ETH
>Pulsechain
>"PoW"
But you know they're rewriting the code, don't you?

>>50802242
Yes, and all the code they've written has the assumption that they're forking PoW Ethereum to Pulsechain. Don't worry vaperguy, it will only take 2 more months to learn how ETH2 works and rewrite all their contracts, Pulsechain is definitely coming before 2025.

>>50802156
oof
well at least you overcame the sunk cost fallacy and won't be losing any more money here. not being able to withdraw and losing eth to a "sacrifice" makes the sunk cost fallacy especially potent with hex/pulse and not everyone can overcome it. no shame in making occasional mis-stakes in this market though, as long as you learn from it, its common enough

>>50802309
>not everyone can overcome it
Well I'm a /biz/ autist, but this is pretty bad honestly. I encouraged normies to punt on this, I believed Richard when he reiterated mid-may over and over, I've nearly gone broke.
Suicide becomes a more appealing option every day

>>50802423
that's rough, hang in there, there's always a next market cycle. overall crypto is still early and many years away from fulfilling most of what its expected to do. besides, you might still get some of your money back from this, and maybe a couple years of bear market to dca. and even if all your crypto dreams go to shit that just leaves you back in the same boat you were in before crypto which is the boat most people are in anyways. it's like a bad movie, but you paid to see it, so might as well stay in the theater till the credits roll, maybe it even has a decent ending. maybe pulse finally does come out, maybe it comes out during a bull market, maybe rich suckers in some greater fools you can dump your bags on. it could happen

>>50800300
>>50800320
The tards will ignore this cause they trust Richard and can't grasp doing anything else

>>50796895
I half half a million HEX in a 15 year staking latter.
Sacc’d $3000 for PLS
Am I gonna fuckin make it?

>>50803320
If true that's fucking retarded lmao. NGMI

>>50803361
Huh? I bought at .006, did a 100x at the top - also about half of my coins go in a short term stake, I’ve had access to sell all year and I actually did sell 300K (I had 700K total)
Retard.

>>50796895
Why is HEX both so loved and hated at the same time? what makes it so controversial?

>>50803555
The industry doesn't like him because he's a crude conman, unlike the charming and competent conmen they appreciate.
On the other hand he's created a cult of retail investors who think he can't do anything wrong.

>>50803479
>did a 100x at the top
and then 95% down from that at the (so far) bottom
>15 years
and that money is gone. hex will not last 15 years that is delusional

here's another fun scenario
>ETH PoW launches
>"Largest Airdrop Ever!"
>totally steals Pulsechains thunder
>retail who would be susceptible to that messaging gets fleeced and learns how the fork game works
>nobody left to scam with Pulsechain
>Richard left seething that they stole his idea

i wouldn't even stake eth for 15 years if that was an option. literally the only coin you can say with any certainty will probably still be here 15 years from now is bitcoin. the sheer fucking hubris of hexicans is unreal

>>50803708
good thing i sold 300,000 hex at the top and made $100,000 when I threw in like $2000 to this coin. But yeah, keep acting like hot shit kek

>>50803883
you're probably lying to save face, i bet you didn't sell lol

anyone claiming to have sold the top is probably full of shit, statistically speaking. some people made a million dollars on shiba or safemoon or any number of pump and dumps, they got lucky is all. sometimes stupid people making bad choices win big but usually they don't

>>50803928
If only you knew how rich the people you're arguing in HEX threads with actually are. You can say all sorts of things about HEX, but at the end of the day there is still the objective reality that even after a 90% dump HEX is still up a 1000X from the bottom. The guy you're responding to is basically just an average Hex holder. There's many like him, including me. Most of my stack is still laddered out and some of it is sacrificed for Pulse, but still I've probably taken out more than your entire portfolio is worth.

Just saw the clip of Richard on Kitco, he says that if his devs were dumber Pulsechain would already be live.

Fucking hell Richard, how about if they were smarter they wouldn't have represented to you that mid-may was the projected launch, and it wouldn't have taken this long in the first place.

https://youtu.be/vfE7UFDceqI?t=1917

>>50803555
>what makes it so controversial?
The concept of hex is easy to grasp, the underlaying and complex features not so much. Hex is something new that only aims to reward people that delay gratification with inflation. It's honest in regards of what it actually is and does, there is no hidden mystery. This honesty is missunderstood and mostly swirls up past negative experiences. So in the end, it's a misinterpretation by your common crypto gambler that's brainwashed by VC's, middlemen and toxic maxis.

People fear what they don't understand. Their thoughts and actions are triggered by the amygdala, the cope & hate is a defense mechanism cause it takes time to understand how hex works. It is easy to lie to someone, so founders make use of simple psychology tricks to make you believe that they are authentic and serious about their goals. A guy like richard that tells you about 38% apy appears to look scammy, but a founder like do kwon or mashinsky that tells you how awesome and great crypto is looks trustworthy.

The hex community consists of 2 social groups: The common crypto dude that's ok with more coins. And the exceedingly intelligent, rational and eloquent guy fascinated by richards persona & knowledge, which also looked into the code.

When it comes to research, dimensions separate. Those who learn remain, those who refuse to learn are cynical.

>Tl;dr
Misinterpretation of the honesty caused by the lack of research, and a general bias because of negative of past experiences.

>>50803755
>>ETH PoW launches
Because people are willing to continue to pay high gas fees. Anon i....

>>50804317
tfw your devs are so smart that they manage to find some esoteric bug that could have crashed the whole network just days before the expected May mainnet launch

>>50804493
Do you even listen when your idol Richard talks? What causes high fees? Congestion
Why does Pulsechain help fix ETH fees? More capacity
What is ETH PoW? More capacity that is specifically targeting the audience that are susceptible to Pulsechains messagaing

>>50804579
Oh, and ETH PoW has industry support. Being covered by mainstream crypto outlets, twitter personalities, youtube channels.

>>50804579
>>50804610
Anon, the only reason miners want to steal richard's idea is to maintain their cashflow. When the merge happens they will loose millions of dollars in fees, what is so hard to accept the truth? Why are you so biased. You're supporting people that are preventing the adoption process.
But that doesn't matter right, you don't care how evil and greedy these people are as long as you can profit.

And the best best part? Richard has given so much detail about the DDOS vulnerability that even if he's severely threatened by ETH PoW he can't launch anyways because security through obscurity is no longer an option, even if it would have been fine if he never brought it up publicly.

What a genius strategist!

>>50804753
>But that doesn't matter right, you don't care how evil and greedy these people are as long as you can profit.
Duh, otherwise I wouldn't have bought HEX/PLS in the first place. Richard is just as guilty of this, he only wanted Pulsechain to have more personal control over the chain HEX runs on, and to raise shitloads of stablecoins for his own discretionary warchest. The castle parties don't pay for themselves.

Nobody can explain where staking rewards come from without saying it's due to other people locking their shit for 15 years (retarded), this is an actual ponzi, there isn't any value deriving from this whatsoever.

>>50804861
The reward are hex tokens and they come from inflation. Why are you unable to understand that our rewards aren't dollars but erc20 tokens?

>>50804936
He understands HEX in the abstract better than you, actually. Yes, the rewards come from inflation, but the actual game is to create more participants so that you can exit with a profit, which is the same driving force behind pyramid schemes. The only value HEX creates is this circular game itself.

>>50804997
You're mostly on point except for the pyramid comparison, which isn't correct due to pyramids having many levels. HEX needs new people to be profitable, same as Bitcoin, which though it could work to do whatever it does outside of having monetary energy attached to it, same as it did before it had a price, wouldn't be profitable or able to serve as a store of value if new people wouldn't continue adopting it.

>>50805210
The "levels" in HEX are your buy-in price. It's not neat and clean like traditional schemes, but it serves the same purpose. You're right that Bitcoin and HEX are comparable in this way, however, Bitcoin at least provides a decentralized and secure way to transfer value without dependencies like HEX has. There is zero reason to use HEX for value transfer unlike BTC, ETH, and stables.

>>50805326
>The "levels" in HEX are your buy-in price
Would that make BTC a pyramid? In fact wouldn't that make every single asset pyramid-like?
>Bitcoin at least provides a decentralized and secure way to transfer value without dependencies like HEX has.
Yes, which I alluded to in my previous post, but that is dependent on there being actual value on the network to securely transfer, which requires the inflow of new participants in case it ever wants to leave the network.
>Bitcoin at least provides a decentralized and secure way to transfer value without dependencies like HEX has.
There isn't zero use, as it can be used to perform this function, but this is not it's primary function. It is but an extra feature that is nice to have. The main goal of HEX was to make a better store of value than Bitcoin, and to my knowledge it is the only other attempt to make a coin that serves primarily as an SOV, which is also the main advertised feature of Bitcoin.

HEX is arguably better as an SOV, because its design takes into consideration that the storing of value is a long term process that happens over time. HEX's main unique feature is one that seeks to monetize this time component that is inherent in the process, which an SOV is supposed to accomplish, by incentivising users to continually store more for longer by staking for a reward in the form of inflation.

>>50804997
>but the actual game is to create more participants so that you can exit with a profit
Greater fool theory
>>50805326
>The "levels" in HEX are your buy-in price
Greater fool theory
>There is zero reason to use HEX for value transfer unlike BTC, ETH, and stables.
Hexchad are transfering value for 980 days.

Eth POW fork is a complete disaster for PLS. It will have low fees and fast transactions due to low congestion. Pulsechain not needed, literally. PLS infinite delay will go down as one of the biggest fails in crypto.

Hey vapergay has pulse launched yet? Lmao

>>50805816
>It will have low fees
Do you still don't understand why miners need a solution. Do you understand that the fees are still going to be high? They want to maintain their source of income.

>>50805931

It's never launched. Pulsechain is the definition of a failed fucking project. Whenever someone asks Richard about it now he just sighs, rolls his eyes, and mumbles some bullshit about "muh devs". He went from "mid-may" in April to not having a fucking clue what the status of the project even is lmfao.

>>50805931
It's never launching. Pulsechain is the definition of a failed fucking project. Whenever someone asks Richard about it now he just sighs, rolls his eyes, and mumbles some bullshit about "muh devs". He went from "mid-may" in April to not having a fucking clue what the status of the project even is lmfao.

>>50806114
Do you realize WHY the fees on Pulsechain are going to be low? Same reason why it costs pennies on the BSC.
Its centralized garbo

>>50800300
>>50800320
Respond to this vaperfaggot

It’s over

>>50800320
>only absolute technically illiterate mongloids would take that clown serious
So, most people?

>>50804287
So you are saying that the price action was so terrible because you dumped on your fellow holders? So the takeaway is to not invest if that's the behavior here. Of course you could be lying and are just another poor bastard that got duped into buying garbage, but nobody would be so pathetic to lie on the internet to make them feel better, so it's fine. Man, imagine someone doing that, first losing a ton of money and then pretending they didn't, haha. That's what a child would do, hilarious.

>post-2022 crash
>*still* believing in shitcoins
The boat sailed in 2017, this is pathetic at this point

>>50805597
>Would that make BTC a pyramid? In fact wouldn't that make every single asset pyramid-like?
Yeah, to varying extents
>The main goal of HEX was to make a better store of value than Bitcoin
The main goal of HEX was to pump 10,000x, which it did. Richard is doing that same thing he correctly points out BTC/ETH do which is try to keep a fluid narrative to find something that sticks.

>>50804287
Looking at the chart and volume only a handful of people got a 1000x. Richard likes to brag about how Hex outperformed this or that but that's just purposefully misleading, imagine me making a new token, adding a bit of liquidity so i can make it go 100x with just a few bucks then afterwards claim huur dur look at my token and howmuch better it performed compared to bitcoin! it outperformed everything!

Hex was notorious for having very little liquidity meaning it didn't take much capital to move the price but it also means less people where able to take profits at higher price points.

I told you. This is the exact Pulsechain marketing pitch, stolen and reused for ETH PoW by crypto twitter personalities. It will work too because they're also frontrunning the launch of the network.

Justin Sun literally undefeated

>>50796895
these threads are paid to happen

>>50804287
Lmao stop the cringe you pretentious omega faggot most of us on biz made mad gains last bull market. That a microcap token is up a 1000x from its initial launch price is nothing special

Also interestingly enough there seems to only be roughly ~170-180 million tokens left in circulation. That’s roughly $10,000,000 left to buy the entire supply.

>>50808355
Richard controls 90% of the supply, he'll just add more liquidity to uniswap.

what would you value a copy of a usdc token at, that isn't backed by usd?

what would you value a copy of link, that can't buy access to link nodes?

what would you value a copy of uniswap, that can't be used at uniswap?

what would you value a copy of the basic attention token that can't be used to buy ads on the brave browser

now imagine all these tokens are on a highly centralized chain with only 33 validators. now imagine these validators are voted in by whoever has the most coins, and one guy has almost all of them.

what would you value pulsechain at? would you give it a high value?

imagine having a useless copy of a token, that doesn't do anything, not backed by devs, and hosted on a centralized chain. oh you could be a whale maybe on this copy of a token? it's like a child playing with toy cars and making vroom vroom noises but the kids so stupid somehow he thinks the toy is real.

>>50808659
>>50808722
Plus, anyone who wants to play this game is about to learn the hardway on ETH PoW how it works. Same as defi etc, the first project to launch gets all the dumb money, then everyone figures out how the game works.

>>50806882
>Do you realize WHY the fees on Pulsechain are going to be low?
Yes, and do you know that 25% of the fees are burned? Sounds like pulse will become very rare over the years.


>Respond to this vaperfaggot
>No adoption
Concern trolling.
>Pulse is centralized
Benelovent centralized ownership is good for the price.
>Prepicked validators
Shitty validators with shitty hardware/internet connection and much downtime get rekt. The validator decides how much of the fees he's giving out. And delegators can pick a validator. That's decentralized.
>Concerns about the marketcap
Are you dumb as shit, or fuck?
Moderate liquidity + 25% burnrate + never selling centralized ownership = Bad for the price.
Here anon, responded to a bunch of trash.

>>50808945
>actually its good that its centralized because its richard and we love and trust him completely

>>50807751
>because you dumped on your fellow holders?
We're in a bearmarket if you still haven't figured that out. Everything got more expensive and people need money.
Every founder and trader takes profit. Vitalik, sergey, mashinsky, do kwon, musk, etc etc etc. Everyone is taking profit and that's ok, you leave or take profits when you want, and give new players a chance to enter the system. That's the idea or price discovery. Am i mad that someone sold his btc at 69k? No. Am i mad that someone sold his eth at 4,5k? No. Regardless of the hex price going up or down, it had like 15 dumps on it's way to 10,000x and the sharerate went up and made T-shares more expensive in hex terms. Hex is a great coin for bagholders, it's trustless, has no adminkeys and the code is immutable. The inflation that gets distributed to stakers is not only locked for an avg. of 6.5 years but also 80% of the user owned supply, so much about hex crashing to zero. Just a minority is actually circulating and trading. And this minority will dump on your fellow stakers BUT so does everyone that's invested in something.

>>50808945
>delegators can pick a validator
Every validator is Richard, wearing a different fake mustache (needlessly expensive ones, obviously) each time

>>50809269
And that's actually a good thing because Richard is benevolent. Haters are just concern trolling and literally evil because they lack the intellect to understand the intricate complexities of the Hex system. You hate him because he wears a funny hat and you can't see past that.

>>50809338
I agree, people need to understand that Richard is offering you to play his game and become rich af in the process. Who cares if he owns 90% of the supply? I'm here to get rich.

>>50808945
>>50809194
>>50809338
>all this cope

>because you dumped on your fellow holders?
We're in a bearmarket if you still haven't figured that out. Everything got more expensive and people need money.
Every founder and trader takes profit. Vitalik, sergey, mashinsky, do kwon, musk, etc etc etc. Everyone is taking profits and that's ok, you leave or take profits whenever you want, and give new players a chance to enter the system. That's the idea of price discovery, we're not communists or socialists. Am i mad that someone sold his btc at 69k? No. Am i mad that someone sold his eth at 4,5k? No. Regardless of the hex price going up or down, it had like 15 dumps on it's way to 10,000x and the sharerate went up and made T-shares rare/more expensive in hex terms. Hex is a great coin for bagholders, it's trustless, has no adminkeys and the code is immutable. The inflation that gets distributed to stakers is not only locked for an avg. of 6.5 years but users also staked 80% of the supply for this avg period, so much about hex crashing to zero. Just a minority is actually circulating and trading.

>>50808945
> Concern trolling.
Repeat after me. no adoption & centralized.
> Sounds like pulse will become very rare over the years.
More like a millennia, that burn, even at high volumes, will be slow asf.
> Benelovent centralized ownership is good for the price.
Coping, its called Dapp for a reason.

I am going to act so faking smug the day you dense faggots realize it a complete failure. If not i will forever eat the humble pie

>>50809338
agent based retard going undercover you fooled them sir

so nice to see a hex thread on /biz/ that doesn't die after 5 posts. i want the price to go back up so we can get more of these

Ah yes another comfy day neeting it up off hex, here's a thread related custom 3D print I did a week ago.

>>50809410
Glad to see you're still active and dabbing on these fudders.

>>50812949
Thanks frend, it's hard on the mental health sometimes though, all these evil haters who don't understand Richards vision. But after a good cry in the corner I'm back and ready to make another thread.