/biz/ - Business & Finance

>>55401555
Max drawdown is 50% from here since that's the lowest price whales bought in at. But it's likely the bottom is already in looking at the strong bounce we had about a week ago.

So the risk reward is looking pretty good. Pic related are short term breakout targets. Long term target is 50x to 100x from day 1 sacrifice price, so marketcap would reach $40 to $80 billion (possible during euphoria).

Make-it stacks are 150m PLS or 450m PLSX.

>>55401721
>tfw I only have 80m

>>55401721
>Max drawdown is 50% from here since that's the lowest price whales bought in at.
This is a really good point though.
I expect it to crab until the shitcoin casino is in full swing again, so I hope I have enough time to accumulate more with waging.

>>55401767
Exactly this actually. And all possible TA points to a bottom of 0.00005

P.S. Majority of whales bought in at sac kek, so they all either sold or are still holding at a loss

>>55401721
this

>>55401555
just hold your bag and ignore all the noise online.
Don't be a retard get fudded out of a new L1 before the bullrun even starts

>>55401555
>I'm set if it does a fraction of the gains HEX did.
OK but, just hear me out now, consider if it doesn't do a fraction of the gains HEX did. Will you still lose out simply by holding? Staking does not work the same way with PLS as it does with pHEX. There are fewer reasons to just hold onto PLS, so if you're going to hold, wouldn't you rather have that juicy APY you get from HEX staking?

SHUËLLER THE SCAMMER

>>55402232
>consider if it doesn't do a fraction of the gains HEX did.
why wouldnt it do at least a 50x like >>55401721 said, considering even dead L1's pump hard as fuck their first cycle


>There are fewer reasons to just hold onto PLS
tokens have diminishing returns the older they get, thats reason enough to hold PLS which is newer.

>Staking does not work the same way with PLS as it does with pHEX
you need PLS to transact on Pulsechain making it an easier pitch to normies and adding constant buy pressure when the shitcoin casino is in full swing

>>55401555
It's already down below Avalanche in volume traded. Watch it go beloiw FTM. Another ghostchain

>>55403887
its not even a month old.
do you wanna buy it when the volume is high and everyone knows about it, or know that its low and you can get exponentially higher gains

S C A M M E D

get out boys, this is dogshit

>>55408211
Where do I buy this dogshit?

>>55408608
WPLS on uniswap, then you can bridge it onto Pulsechain

>>55401721
>Max drawdown is 50% from here since that's the lowest price whales bought in at
Richard can dump much lower at no cost lol he has 90% of tokens get rekt fag

>>55406865
You'll notice he isn't smiling.

>>55401555
lmao this is going to zero. Not sure if before or after Richard goes to prison.

>>55408988
why would he kill his own project at launch while the SEC is breathing down his neck after shilling for 2 years

>>55408988
Richard already made it buying BTC like a decade ago. He has no need to dump, and his wallet never has.

The only ones to worry about are the whales, and currently the earliest whales are only sitting on a 2x after waiting years for this chain to launch.

With how much risk was involved in sacrificing (nobody knew for sure if Pulsechain would ever launch as Richard kept delaying it) it makes no sense for whales to sell for such meager returns.

The bottom is very likely in. And if it's not, either the whales or Richard himself will support the price for their own self interests.

And don't forget that both PLS and PLSX are deflationary. The longer they stay alive, the more scarce they become. Price WILL go up if you wait long enough.

>>55401555
We are in the beginning of a shakeout phase. People don't all deserve to make it, nor do they all deserve the kind of gains that HEX had. A lot of people who got in because they thought Richard would pump this, deserve to sell the bottom. He won't pump anything btw. We're truly on our own so don't expect him to anything.

Price capitulation for PLS will be somewhere around 30-40 cents and we will bottom out some time in the next 10 months. My suggestion is you don't quit your day job and wait for the drops to increase your stack during this period, that is of course if you do have faith in the long term success of this ecosystem.

>>55409562
>Price capitulation for PLS will be somewhere around 30-40 cents
what are you talking about its worth 1/10th of a penny now

>>55408988
stick with your rugs Randeep

>>55409573
You're right, my bad. I meant 30-40% sac price.

>>55405428
It's a ghostchain.
There are cheaper chains already. Noone gives a shit about the ethereum system state copy.

Noone bridged the meme coins and paired the liquidity. There wasn't even a bridge for most ERC20's. Remember Richard saying "Biggest Yield Farm Ever"

All the projects are just forks of old ETH projects

>>55401721
>Make-it stacks are 150m PLS
Define make it. I got ~ 500m from the sacrifice.

>>55409733
this ghostchain has a literal cult behind it shilling it like their life depened on it and a founder with hundreds of millions of dollars he can use to pump it if he wants to. You'd have to be retarded to bet against it

>>55409843
Make it meaning $1 million+. You're set with that stack.

>>55409885
They're all ghostchains until they aren't. FTM, AVAX, SOL, anyone who got in when biz was fudding them for having no users and no product went on to do 20x to 100x returns in a year's time. The whole point is to get in before the chain begins seeing userbase explode. But I'm sure you're aware of this because you're holding.

>>55401555
It's a bear market. Hart dropped it where he thought was near the end of the bear market. Wait for the bull market.

>>55401761
I only have 6 gorillion or so, maybe 6.5. Don't care, if it does well.

>>55401555
What's pulsechains memecoin?

I can't believe Richard hasn't streamed yet
Afraid? Ashamed?

HEX and PulseX in the damn gutter, afraid to face the music over it?
Wouldn't Pulsechain being out be reason enough to be yelling from the rooftops about it via a livestream?

Weird.....

>>55410189
>Wouldn't Pulsechain being out be reason enough to be yelling from the rooftops about it via a livestream?
It would be if the SEC want cracking down, the founder shilling could be seen as essential entrepreneurial effort making his ecosystem an easy target

>>55410200
if the SEC werent cracking down*

>>55410200
This seems like the obvious answer, he knows he's fucked, hex was explicitly marketed as if you buy this you might get rich. Then the retarded 'its not staking, never was, it was always mining' gimik.
I hate the sec, but they are going to buttfuck him eventually, they have nothing but time on there side.

>>55410217
I don't see why the SEC would act later and not a peep about Pulsechain or HEX now after it just announced charges against a few projects...

>>55410289
its has been noted elsewhere that sec has as of yet declined to go after founders of projects. perhaps the reason is the true targets are exchanges, ie sellers of unlicensed securities. one might guess that the projects with a majority of volume taking place on dexes might be further down the line. then again all it takes is an email to metamask. maybe they consider that a solved problem.

>>55410361
good thing richard is working on his own wallet

>>55401555

Rotate to HEX/eHEX. Unfortunately PLS/PLSX has to many weak hands, lots of poorer people with small stacks is not good for price vs the generally richer people who hold HEX.

Everyone knows eachothers buying price, hundreds of millions of $ were sacrificed these are not good things.

Where is the next 100 million going to come from to allow everyone to at least get a 2x?

>>55410217
The SEC thing seems like a nothingburger when it comes to RH and his projects, especially if you look at other big projects, which have comparatively way more reason to be cracked down upon. It's not like it's not part of the consideration for him, but I think it's more so the fact that he doesn't actually want PLS to pump right out of the gate.

He wants a capitulation to happen both in terms of time and price. There are enough resources to pump it, but blowing the load early on so that whales could get out is not really beneficial to the project long term. What I'd like to see is limit orders get added and somebody placing a massive buy wall at painful lows, so whale dumpers could be absorbed when they get tired of crabbing while the rest of the market pumps.

Richard Scammer
No refunds

>>55409733
you have to pay 0.3% to bridge to pulsechain and 0.3% to bridge out. It's the most greedy bridge I have seen. The most bridges take a fixed fee for gas, not the per cent fee.