How do you all feel about Richard Heart these days? plsx, pulsechain, provex, hex

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MadGangMember
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#1Sep 21, 2020, 06:04 AM
I've been involved with the PulseChain and PLSX scene since the early sacrifice days. I invested a good amount into PLSX back then, and now I'm down about 93%. Haven't sold anything yet... but I gotta admit, I've thought about it a lot. Initially, the concept seemed exciting: lower fees, a fresh ecosystem, a huge community, etc. That’s what got me to join the sacrifice in the first place. But recently, everything just feels off. There’s the SEC case, all the accusations flying around, people talking about investigations, even some buzz about Interpol getting involved. Then we’ve got chatter about the funds in the sacrifice wallets, Tornado Cash being mentioned, and coins mysteriously disappearing or moving. Now, out of nowhere, there’s another sacrifice phase happening amidst all this chaos. I’m not here to bash the project; I’m just genuinely puzzled right now. Maybe some folks here have been keeping a closer eye on things. Do you all still believe PulseChain has a shot this cycle, or is it too late already?
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#2Sep 21, 2020, 08:38 AM
I also got into Hex, wary from the start about the airdrop or whatever R.Heart called it, so only bought on the market ( and have existing stakes etc ) Then, when PLS and PLSX sacrifices came along I bought into all, and have not sold anything either. My thoughts, standing a distance emotion-free, are that all but about 2 large cap alts did anything in the last part fo the bull market, if you follow the 4 yr halving cycle pattern ( XRP and SEC ). In other words all alts were down, ETH did not get anything more than a return to the previous ALT. ALts can come back even after 4 years, and this is what I will wait for. There are definitely large amounts invested into the cryptosphere around RH, and for me the principle was to invest and save. We have already bought it at a low cost and were prepared to wait, and so this must go. Perhaps, just maybe the 4 year cycle is not much a ride now that there are such clear diminishing returns on BTC that people will look at other projects, which this has a lot of visible infrastructure to boast of, quite fairly. RH has played a get out of jail for free card, the SEC owe him big time. His payback is indeed that risk again we paid for in yet another sacrifice - for ProveX. There seems to be another exchange about to come out that does not encourage trading and following market cycles, unless you enjoy that, for which we should go elsewhere. It is to be an exchange where we can focus on anonymity and freedom to support the HEX model. We have in the PLS network a straight copy of the Ethereum one and one of of the DEX has been straight copied. Many a successful business copies the existing businesses out there, but improves it. I believe we will see rewards going forward, so take the view,that I was wanting to be in HEX for the long haul, and have done what is necessary to protect it. When something can 1000x or more, as you, may have wished for, did you or I have a realistic timescale? Now we need to look at what this is in terms of the Cryptosphere, and it's massive future. It is a hedge building exercise and I've no idea how long it will take
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