Xen Crypto -Pulsechain Performance Data/Btcmyk Price

PulseChain tokens like HEX and PulseX have dropped 40-79% while BitcoinMYK on Hive blockchain surged 1,000% in 30 days. The host warns against hype-driven investing and argues BMYK's free mining and low fees deliver what PulseChain promised but failed to provide.
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Welcome back to the channel, guys. I hope you're having or have had a great weekend. Uh, today we want to talk a little bit about, um, the performance of the PulseChain, uh, XIN over the last, uh, month or so, um, and see how it stacks up, where we're at with this and such, right? So, uh, interesting enough, we're looking at a site called the Pulse Coin List, which I think was a good idea. Uh, Pulse basically, uh, created the ecosystem, created what would appear to be their own version of CoinMarketCap. And that is one thing I do agree with within, uh, what projects should be doing and what the crypto space should be doing. Uh, we should never have let one platform determine for us and give valid validation to us, credibility for us, to projects that where the site itself is centralized and the story and the narrative can be controlled about how a currency should be listed, what should be the the, uh, requirements, the criteria as such. And I don't think anybody in cryptocurrency should be able to make that decision. I think that's something the public should have access to all the information, all the cryptocurrencies, right, good or bad, and they make their decision based on that. Because it can get political real quick, as we got to see within the Pulse community. So that's one thing I support the Pulse community, HEX community on. Right, uh, now the, the cultic behavior, the falling in love with one project or one coin despite performance, the, uh, you know, the, uh, uh, you know, the lack of research, uh, the idea of being gullible and naive, uh, I find that ought to be very irresponsible. And so our motto On the Education Entertainment television shows, never fall in love with one coin, right? With any coin, really. Now, the projects we seemingly align ourselves with, we do it based on fundamentals and based on research, lots of research, right? We don't do it because it's being hyped up, because let me tell you something, and I've been in crypto a long time now, and I've seen how fast a community can turn on a project and go out the door, and they could do it in record time. So don't rely on that. Don't rely on thinking that positive ideas about the Pulse community, Hex community, will save you. It will not. Uh, but let's talk about the performance, right? Let's look at, uh, what we get out of the ecosystem out of the last 30 days, right? All right, here's a pretty cool looking site. It's called Crypto Bubbles. I haven't got the app yet. I've been taking a look at it. Um, uh, it's like a fun little site to maneuver. Let me grab HEX here right quick and POSEX, and, uh, let's see what we, what we get with this performance over the last 30 days, look like it's a little bit green today. But if you go down here to the month and the year, right, this is where it tells the tale. Down 79% for the month, 75% for the year. Now, you know, we have to start to ask ourselves at these points in time, how much are we now giving in to hopium-like ideas? Right, where's the actual performance at? Um, and are we being, uh, you know, uh, level-headed thinkers here, right, with what's going on? I've heard many other narratives. I've, I've, um, you know, heard many thoughts and ideas about, uh, where this project could possibly go in the future, what the community or Richard Heart could do. But, uh, I think there has to be a certain amount of realism into this as well. And I'm not going to spend a whole lot of time because I don't want the video to run long. You can look at the— subscribe to the channel, look at the history of some of the interesting points I've made about HEX and PulseChain. Uh, you know, for us, it's not about attacking other projects. We, we want the best products to succeed and be accessible to us, right? But what we don't want is a few guys on the top who want to keep pushing the narrative and they're the only benefactors and everybody else get left behind. Like many of you all who have basically been marketed to and can quickly become or grasp a mirage or an illusion of what you, you know, care to see in cryptocurrency. It's happened to me, it's happened, so it does happen. Uh, but anyway, let's go into something else right quick because I just want to contrast the performance of what you're seeing with the Pulse ecosystem. You're seeing PulseX, um, it's, it's like down— it's like a— what is it? Uh, it's a sixth of the sacrifice rate it was, right? It's not even, it's not even, uh, at sacrifice range, right? It's all— it's, it's over 40% less than the sacrifice. Let that sink in for a minute. I don't think it's been any cryptocurrency in the history of what I term these ICO-like launches or blockchain launches. I don't think there's been anyone in history, historically, that's performed this bad right after a blockchain. The worst blockchains, they probably 2x or 3x or something, right? I'm not aware of any, and if you guys know of any, please leave them in the comment section so I could correct that. But I am unaware of any any. And I don't know of any excuse that can fix that, or, or, you know, or make that make sense or anything like that. But anyway, let's talk about something a little bit more positive. All right, so now let's talk about something a little bit more positive, right? I want to do some comparisons here, and I, I want you guys to try to understand where I'm coming from here. So a lot of people on the channel ask, they say, why do you always bring up this Bitcoin NYK project. Is this some type of project that is your coin? Is it, you know, something where you're trying to push this or shill this to us and it's yet another crap coin that we don't need and probably poor performance, etc.? Probably not going to do what Pulse or HEX does or could do, right? We clearly is not doing. We're just floating on a narrative and fumes, no performance to back up what Pulse and HEX's community is supposedly can do. Uh, we're not getting any of that, but a lot of us are still hoping. We're living on hoping. But let's talk about the Hive blockchain for a minute because I want to, I want to contrast this and maybe I can get through to some of y'all. We'll see. So it talks about data up until about 2022 of, of the Hive blockchain. 2023 is still going and such, so we're just going to cover what the stuff we do know for fact. But the whole, the Hive blockchain is evolving continuously is fueled by multiple dApps, uh, established, uh, dApps well established or which are coming to the ecosystem, right? Currently, the user base reached 2,412,070 accounts in total, or 75,182 for 2022, right? This is up into the 2022 year, right? This is in line with a yearly moderate growth compared with 2020 while having an exceptional year in 2021 due to Splinterlands explosion in the blockchain gaming space. So, uh, for those of you not familiar why I keep bringing up Bitcoin and YK and it's the Hive blockchain ecosystem, a lot of you probably are familiar with the success of Splinterlands game that, uh, was, uh, had its genesis on the Hive blockchain as that's its principal place of operation and it does very well there. Um, has trades on several exchanges there. But what trades next to it is the project we talk about, Bitcoin and YK. Now let's see, why is this significant, right? Not only can you see the great potential and the high blockchain, but it's significant because this, for all intent and purpose, is basically a free blockchain. They— these people are literally doing their transactions for free, uh, and, and an idea right now. There are some technical things that go on that many of you who use Hive probably understand. But basically, to the end user, ends up being free to do the transactions. Imagine you could send anything anywhere in the world totally free, not going to be held up with Ethereum gas fees, PulseChain gas fees, etc. And some people try to argue, uh, oh, well, if you can do something like that, it's not really a blockchain. And I will remind them that not only is that an incorrect assumption, but I would remind them that what really garners to the effect of a blockchain is decentralization. And what we've seen, and whether you take a proof of work, uh, or proof of stake, or you take something like Ethereum-based, um, wallets, et cetera, what we're seeing is still a significant lack of decentralization. In fact, I don't have the data in front of me, but I wouldn't be surprised if the HAI blockchain is more decentralized than like 90% of these projects, right? Uh, and that is because the distribution rate, how, uh, control of the networks gets into, uh, the normal user's hands, etc. All right, so think about that. BitcoinMYK is on here, but it is— we talk about a lot too. And when we talk to the XIN community, XIN is a project I like, but you guys know I don't like the gas fees. XIN uses gas fees to substantiate its value, which I'm not for that. I think that's a bad way to do that right now. When XIN trades on exchange— I'm sorry, blockchains— when it's on blockchains that are what would be less, very low fee structure, then its true potential can kind of come out. So I'm for that. But for some reason with the XAND project, it's something missing there where they aren't successful on the close to free change because they rely so much on transaction fees to substantiate their value. But what if XAND could exist in a truly free blockchain in a sense, but be able to— so in other words, do all those things but have growth potential and the ability to perform good, much like Splinterlands has done, and many of the other projects on the Hive blockchain perform very well with free transactions, then the XEN community will have something significant. And that's where BitcoinMYK comes in. BitcoinMYK is starting to level the playing field, right? It's It's basically you're able to, uh, basically come on the platform and everybody becomes a miner, a mentor. Uh, the equipment is already provided for you, doesn't cost you anything. Transactions are free, right? And the entire purpose is to create network effect, which we are beginning to do, right? Um, people are asking about the prices, they're asking about how things are going with that. The project is up 1,000% in the last 30 days. You contrast that to HEX, down 70% for the entire year, 79% for the month. Uh, PulseChain, uh, uh, PulseX is, uh, down over 40% of its sack value, right? So everybody seems to be losing, and BitcoinNYK seems to be the only project where people are actually really winning because I looked at many of those other coins as well that perform poorly, right? And it does it by creating a level playing field which is going to keep everybody interested in the project and coming in, right? So that's all very important to look at, right? So when the Zen community asks us and the Pulse community asks us why you keep talking about this cryptocurrency, it is because it is the answer to our prayers in a sense, right? Our, um, the powerful applications on the Hive blockchain allow us to basically almost for free distribute the cryptocurrency to every user, right? So think about at the end of 2022, already 2.4 million users on the Hive blockchain. It's, it's moving to be one of the the biggest blockchains out there, right? As far as user base and active users, right? Hive, a fork from Steam, right? That's pretty much the same community as such. And so it does have legacy in the cryptocurrency space. Most people are familiar with it. Now, why Bitcoin and YK is so important is because the reason Hive is not a number one cryptocurrency, which I think it should be easily, But the reason it isn't is because much like what's happening to the Pulse community, probably will end up happening to the XAND community, is that this minority group of whales at the top, right, they kind of control the entire ecosystem. That's just the way cryptocurrency is. We've been trying to eliminate that type of control that centralizes the blockchain for a long time now. And, uh, we finally done it with Bitcoin MYK. And because it's on Hive blockchain, the benefits to the Hive blockchain will be significant, meaning the things that kept Hive from being in a top 10 cryptocurrency go away with the Bitcoin MYK project. It eliminates whale influence and control over the network. And that's why some people on Hive have tried to gatekeep Bitcoin MYK. but the way their system is set up, they're not going to be able to do it, right? So that's what I like about the Hive blockchain. It does allow for you to basically, uh, right the wrongs in the blockchain. And, uh, these 2.4 million users are more likely going to be part of Bitcoin and YK Network as it expands to, um, bring it to the fold. Many of you all out there who, uh, are watching, because I don't think you all understand the power, the power of a free currency that could transmit across the globe, right? And have the type of value the HIVE blockchain has. I, I don't think you all, I, you don't really get it. You're too much stuck in a gambling, uh, culture of cryptocurrency, a hopium culture, wishful culture without function. And because you don't understand function What's happening is you're going from coin to coin and you're basically crashing and burning, uh, with most of them, as we just saw in crypto bubbles, right? So this tool you're looking at, the powerful tools, is going to allow us to get the cryptocurrency in all you guys' hands. All you need is a Hive wallet. It's going to allow us to do it quite easily, almost free, right? And millions of people are going to be able to participate in this network. Millions of people are going to be able to be miners at no cost. So mining is going to be fair. Geography is going to be fair. Uh, wealth's going to be fair, right? Development's going to be fair. Uh, exchanges, we, um, the Tribal Dex and the Hive Engine exchanges, there's going to be fairness in how it operates because of our tremendous dedication to the distribution tools. We believe that we're going to achieve the best distribution rate in all of cryptocurrency. Right, so very fascinating things, uh, that are happening with us. All right, so let's quickly talk about the price of Bitcoin and YK. I don't like to discuss the price, it's a free cryptocurrency, but we're just going to report on some of the data, uh, on exchanges, right? We'll just tell you what it says. So this is interesting because it's showing that the, the current price of Bitcoin and YK It's 0.00378, right? Interesting enough, about 30 days ago that had 4 zeros and a 2. That means that BitcoinMYK went up over 1,000% 30 days ago. Now, interesting enough, it hasn't come down, right? Whereas we've seen many of these other cryptocurrencies, and that has a lot to do with the tokenomics, I think, of the project. But the video's already went too long. We can't get into detail about it. Uh, we ask you subscribe to the channel, look at some of those old videos, and it'll start to come together for you, right? But, uh, um, it seems to be one of the only projects, as far as I can see, that's doing the things that, uh, we were hoping like, uh, Pulse would do, Zen would do, Hex would do. It seems to be one of the only projects doing that. Right, and we believe this because of the things we've set forth in the video, right? The free transactions, the network effect it's achieving, the tools that allow us to get these cryptocurrencies to millions of people where they can cross-border transact, where mining is not only accessible to everybody, you don't have to have any technical skills, not only is it accessible to y'all, free to y'all, right? The transactions themselves are pretty much free because your accounts, every 24 hours, they replenish themselves. And so if you don't have any money for transactions, don't worry, you're gonna have it within 24 hours either way. So that's just phenomenal, and this is what we need in cryptocurrency. Again, the reason that Hive didn't achieve that as of yet, as we try to relate this to the Hive community, is because they've— they've certain misunderstandings and how, you know, and how they saw Hive and its strong points. But I think what we're showing them with projects like BitcoinMYK is that there's a way to do this and create economic prosperity for everybody, right? And that's the type of projects people are going to want to be involved in. But that's all I want to say in this video, guys. Tell me what you guys' thoughts are on the performance of Olsen, Zen, and all these, are they giving you the results like BitcoinMYK is? Because if they're not, maybe you need to try BitcoinMYK. I'm just saying. But that's all I want to say in this video. Until next time, as always, take care of yourselves and each other.
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