[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 200 KB, 764x512, 1505250060770.jpg [View same] [iqdb] [saucenao] [google]
18799292 No.18799292 [Reply] [Original]

Explain HEX to a brainlet how the fuck are you guys making so much money? YOu said its bitconnect 2.0, WTF is this shit now?
Its on no exchanges and you lock it up for a certain time? explain lke i'm 60iq

>> No.18799321

You can’t sell, yes
And one wallet gets a cut of all buys
Classic ponzi

>> No.18799333

>>18799321
so all the gains and mad money are just larping cause its gains that can't be realized?

>> No.18799335

it is the first certificate of deposit (CD - 3rd most popular product at the bank after checking and savings account)

the inflation pays you not to sell, which holds up the price. in bitcoin miners are paid to dump bitcoin and hold down the price. it should reduce volatility on a long enough timeline compared to cryptos before it

>> No.18799338

>>18799292
you buy
you stake
you wait
you rich

>> No.18799349

>>18799333
its bs anon

>> No.18799359

>>18799338
this
To understand more you need at least an iq of 70

>> No.18799360

>>18799292
First you have to understand, it does nothing. Its not a CD in the normal way. It lives and dies of people fomoing in. Its a ponzi, without the "running out of money" part. Uniswap helps a lot as liquidity pools never dry up, as richard funnels the eth from AA back into the liquidity. by the time the AA runs out, the network effect should be huge enough to sustain future gains. if not, it will collapse at least on the big pay day as everyone and their mum will cash out their 100x , so you better sell it before then.