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25522081 No.25522081 [Reply] [Original]

Oh wait

>> No.25522104

>>25522081
Answer this simple question:
Where does HEX's value come from?

>> No.25522158

>>25522104
Where does the value of anything come from? It comes from people wanting to buy it.

>> No.25522184
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25522184

people keep hating but the huge gains are so comfy

>> No.25522198

I saw a video where these hex bag holders really think they can reach $100 per hex lol. The delusion is strong

>> No.25522202

https://www.reddit.com/r/CryptoCurrency/comments/kqagf7/why_hex_is_a_ponzi_and_not_a_solid_investment/

>> No.25522209

>>25522104
>Where does HEX's value come from?
The same place as literally every other currency from USD to BTC

>> No.25522269

>>25522104
From the tears of losers that missed out

>> No.25522272

>>25522198
Whether they do or they don't, they've won.

>> No.25522317

>>25522158
>>25522209
>>25522269
BITCONEEEEEEEEEEEEECT
NUMBER GO UP!

No thanks

>> No.25522364

What the fuck is HEX? I've only seen it advertise its gains never anything about it.

New tech? New ways to use existing tech? New ways to do things? Nope, just gains gains gains.

>> No.25522399

>>25522202
Most of the information in this post either
1) Applies to all crypto (he literally said "it's only profitable if price goes up" lol)
2) Is wrong

Interest from HEX is paid from inflation. The total supply inflates by 3.69% per year. Since less than 10% of HEX is currently staked, that means the average stake gets about 40% interest from the inflation.
That was this posts only argument and it was wrong.

>> No.25522401

https://youtu.be/3ccrCBPc9Bk

>> No.25522465

>>25522401
https://m.youtube.com/watch?v=qk40aH-btEU

>> No.25522468

>>25522364
Yes, because no one in crypto ever talks about gains.
HEX is the first blockchain time deposit that kicked off the Defi revolution. Many others are now trying to create inferior copies, but HEX is complete and it is glorious.

>> No.25522532

>>25522081
Hope you staked for 5555 days.

>> No.25522551

>>25522532
5556 fyi

>> No.25522573

>>25522401
If you bought HEX the day he posted this video, you would be up something like 400% including the final distribution day.

>> No.25522574

>>25522465
TOP FUCKING KEK
Is this the IQ of average HEX holder

>> No.25522589

>>25522184
That's what he said

https://www.youtube.com/watch?v=EY8rq1AyCPY

>> No.25522634

>>25522574
Are all anti Hex people some discounted soiboys?

>> No.25522662
File: 793 KB, 1192x721, 1605796481415.png [View same] [iqdb] [saucenao] [google]
25522662

>>25522634
It's probably the other way round

>> No.25522673

>>25522468
People talk about gains on top of tech. Most linkies can at least pull the word oracle out of their ass when describing it.

Hex? Nothing. It is not Defi because it is very much centralized.

>> No.25522727

>>25522589
There's no trading bot in HEX. It's all trustless, on-chain, decentralized, and immutable. You are paid interest from inflation, not from incoming investors. The USD price is going up because people are buying millions of dollars worth of coins and locking them up for 10 and 15 years at a time.

>> No.25522745

>>25522662
Kek... If you say so

>> No.25522789

>>25522727
That's what makes me suspicious. I wouldn't even trust BTC for 15 years.

>> No.25522808

>>25522727
They got ripped off by Bitconnect and now they hate everything that sound promising.
If they don't make it, no one should.

>> No.25522845

>>25522673
>I cruise /biz/ and reddit for detailed discussions about code and HEX is the only coin that doesn't talk about that

yeah, ok.

>> No.25522911

>>25522317
It's nothing like Bitconnect but if you weren't a retard you would know that.

Really do not get all the HEX hate. HEX has all sorts of features no other crypto has, including an anti-dump design that encourages holding. it's got an enthusiastic community and a smart founder who knows how to market shit. It's gone up 250X from the ATL in less than a year.

But instead of seeing this potential retards on /biz/ insist it's a scam because they only look at things on a superficial level. They see a website that talks about gains and assume its a scam even though that's all anyone buying crypto cares about. They attack Richard personally instead of actually talking about the merits of HEX or his arguments for it. They make comparisons to actual ponzis like Bitconnect even though HEX has zero in common.

Their loss. They can keep missing out & I'm gonna keep enjoy these mad gains.

>> No.25522980

>>25522789
>That's what makes me suspicious. I wouldn't even trust BTC for 15 years.
BTC isn't that far away from being 15 years old. Imagine if you bought BTC in the first year it was around and locked it up for 10 years. You don't have to lock for 15 years, that's just the maximum.
If you don't trust who is doing this, you can take a look at the chain or youtuber Silver the Antidote. He has done the chainalysis and traced some of these whales to the ETH genesis block (aka, not Richard Heart). If the people who saw the potential for ETH also have faith in HEX, that shouldn't be suspicious, that should be encouraging.

>> No.25522991

>>25522081
I would buy it if the website wasn't such garbage. Like holy fuck this is the website is ugly

>> No.25523019

>>25522789
Why not? BTC has already been around 12 years. Successful projects tend to stick around for a long long time.

I think HEX is here to stay. RH doesn't play to lose. Could it go to zero? Sure. But the risk reward is better than anything else out there at the moment. Keep thinking you're smart for spotting the "scam" though

>> No.25523106

>>25522911
Chill, shill

>> No.25523118

>>25522991
If you think that's bad check out https://bitcoin.org lol what an obvious scam with that basic bitch website

HEX website is fine. It's loaded with tutorials, FAQs, info for newbs. What's your problem with it?

>> No.25523123

>>25522991
hex.com or go.hex.com?
hex.com is just marketing, so no need to even go there.
I didn't buy BTC when I first heard about it because I heard about it through Reddit. I hate Reddit and stopped looking into BTC just to spite Reddit. When I actually bought BTC, much later the price was *up* to $300. Imagine how much profit I missed out on because I didn't like a website.

>> No.25523144
File: 43 KB, 312x445, bears.jpg [View same] [iqdb] [saucenao] [google]
25523144

This blows my mind. Did everyone just forget about that HEX wallet dusting they pulled?

Tell me honestly, who has 101 Hex just sitting in one of your wallets from this summer. Did they ever fess up?

>> No.25523158

>>25522104
Muh dick

>> No.25523209

>>25522104
Dumbest question ever. Just like everything else you FUCKING RETARD.

>> No.25523215

>>25523144
I don't even know what you're talking about.

>> No.25523253

>>25522198
Even if I get to .50c I’m a millionaire.

>> No.25523275
File: 151 KB, 1222x945, 2020.jpg [View same] [iqdb] [saucenao] [google]
25523275

posted without comment

>> No.25523353

Newcomer here. I know nothing about Hex.

Today I was looking at coinmarket cap and saw HEX almost in top10 crypto with laughably small daily volume. All top coins have at least 30-40% of market cap in daily volume but HEX is measly 4M$.

Who's buying it? What does Hex do?

>> No.25523446

>>25523353
Nothing. You buy HEX, then stake it for more HEX. It is functionally identical to Bitconnect. Absolutely no difference.

>> No.25523471

>>25523215

During the summer a lot of uniswap users got "dusted" with 101 HEX like they were tracking wallets. Most people burned them but alot just let them be. Was sketchy AF and we never got an explanation.

>> No.25523483

>>25523446

is it dPoS?

>> No.25523589

>>25523446
kek
>buy my coins so you can get 2 coins in a week!
>what does it do?
>Give you more coins!

>> No.25523605

>>25523471
Not me- I just got UNI :-)

>> No.25523646

>>25523353
>who's buying
Smart people
>what does it do
Makes you rich

HEX let's you stake coins to earn interest. Longer stakes give higher interest so you are incintivized to stake for years (average is 5 years). You lock your coins and can't unlock them until the take ends (without large penalties). Unlike Bitcoin which gives new coins to miners who dump the price HEX gives new coins to stakes to hold up the price. It runs on Ethereum so security is provided by ETH miners instead of having to run SHA256 to secure Bitcoin (and nothing else). It's pretty awesome.

not a surprise volume is low since this coin is still largely unknown and isn't on any major exchanges (#20 on Uniswap though with millions in liquidity) . But in spite of that it's become a top 10 by market cap in less than a year.

>> No.25523648

>>25522104
People buying aka giving up something they value for it. Just like every other asset.

>> No.25523717

>>25523123
Go to valuedefi.io for example and compare it to this website lmao

>> No.25523718

>>25522081
Richard was right all along. Dunning Krugers fudded themselves out of gains all year on this and continue to. It's quite fascinating how hueristics don't always help you make the best decisions.

>> No.25523731

>>25523648
A lot of people they don't realize that their criticisms of HEX are literally the same thing people said about BTC in 2014.

>> No.25523764

>>25523483

No, you just send it to a shitty smart contract that distribute Hex from a master wallet after a whatever period you lock it up for.

No back end tech like liquidity pools etc like actual defi project.

>> No.25523797

>>25522991
Who gives a fuck about the website? It's fine. All the info you need to know is there. HEX is up like 300x in a year son. I'm here for the gains not to look at pretty wordpress template websites.

>> No.25523801

>>25523646

This tokenomics is retarded and smells of get rich quick scam.

Basically you lock up value in this token for some intrest and then after 5 years everybody's tokens get released and price dumps.

You would have to be beyond retarded like a brainlet idiot to lock your coins in this shit.

>> No.25523824

>>25523764
>distribute Hex from a master wallet

False. New coins are created when you end your stake. That's how they come into existence. It's not a premine. nohexers think they are smart

>> No.25523842

>>25523764
lolno
no wonder you don't like HEX, someone lied to you about how it works and you believed them.
makes you wonder... if HEX really is a scam, why do the people calling it a scam always lie about it?

>> No.25523865
File: 212 KB, 1800x1800, 5c233785ac88f.jpg [View same] [iqdb] [saucenao] [google]
25523865

>>25522081
My linkies still doin bretty gud

>> No.25523920

>>25523801
You can lock up for however long you want.

Everyone said the price would go to zero after a bunch of stakes ended on Big Payday (one time bonus at the end of the launch period) but it didn't happen and HEX is near ATH. So your are just flat out wrong. Why would people dump when they could restake their principal for more gains?

>> No.25523945

>>25523801
No. Please use your brain for more than 2 seconds. Everyone's value does not get released at the same time because not everyone is locking up at the same time for the same length of time. It's a dynamic system. Also, once someone's stake does end they are likely to restake at least a portion of it to keep earning interest.

>> No.25524013

>>25523945
>>25523920
>>25523842

So basically pay me bitcoin and in 5 years I'll give Hex worth a bit more than what you paid for 5 years ago.

>> No.25524115

>>25522104
>>25522198
>>25522317
>>25522789
>>25522991
>>25523446
>>25523764
>>25523801

You can’t fix stupid. Let them stay poor.

>> No.25524137

>>25524013
You're confused. Please go read on how it actually works. No one is exchanging bitcoin for hex. Bitcoin is not relevant here. No one owes hex to anyone else. It's all automated through the smart contract. It's a trustless system.

>> No.25524153

>>25524013
wow, people said it was like bitconnect and you took that as literally as possible.
you never have to give anyone Bitcoin. HEX was distributed to BTC holders for free, but that is over now.
seriously, it's not your fault that people lied to you, but it will be your fault if you choose to believe those lies.
just go to hex.com and look at how it actually works. or watch some of Richard Heart's old livestreams. or if you understand Solidity you can look at the code.
you really just lock as long as you want and get paid from network inflation exactly the same way BTC pays inflation to miners.

>> No.25524170

Forgive me im a bit out of the loop. Is this like bitconnect?

>> No.25524199

>>25524137
Except the guy who made Hex has truck loads of Hex he's dumping

>> No.25524208

>>25524013
Except the price of HEX keeps going up against USD at a much faster rate than Bitcoin so you not only get more HEX but also its worth more USD.

>> No.25524243

>>25524199
OA never dumped any hex at all. And that can be proven. All trades are transparent on uniswap. Go look.

>> No.25524267

>>25524199
Why wood Richard dump HEX and kill the price? It's a stupid argument. People with large stakes in something who want that thing to succeed don't murder the price by dumping. Is Bezos dumping his AMZN and murdering the price of Amazon? Of course not. Why do you say RH will dump like it's a fact?

>> No.25524268

>>25524170
No, it's nothing like bitconnect.
It's not a trading bot, it's an ERC20 token meant to mimic time deposits (CD's) on the blockchain.
HEX pays you interest with inflation. The total supply inflates by 3.69% per year and that inflation is paid to stakers.
Since less than 10% of the total supply is currently staked, the average interest rate is around 40% per year.

>> No.25524312
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25524312

>>25522911
>who knows how to market shit.
>homepage is nothing but richard shilling how high hex has gone and how high it will go, even paying pajeets to drive around in cars with "10,000APY" on the side
>all shilling and advertisements are done in ROI and APY percentage and multipliers; because they are too embarrassed to say it went from .0001 to 0.01 on a thousand dollar pump
KYS FAG

>> No.25524333

>>25524243
I know, right? Why do crypto people forget that blockchain is a public ledger. If Richard Heart were dumping HEX, it would be visible on the blockchain.

>> No.25524355

>>25522081
where is hex exchanged on?

>> No.25524402

>>25524355
Biggest liquidity is on Uniswap

>> No.25524413

>>25524402
i havent used uniswap, is it safe?

>> No.25524449

>>25524312
You are so fucking stupid it hurts

>> No.25524465

>>25522104
The answers to this question are all I needed to know about this pos. Thanks for asking it.

>> No.25524470

>>25524413
Yes, it is the most widely respected Defi exchange to the best of my knowledge.

>> No.25524506

>>25524413
Safer than coinbase. It's trust less so you never have to let anyone else have your coins. 100% on chain. Let's you swap any ERC20 for any other

The fees are really high right now though since Eth gas prices have skyrocketed

>> No.25524511

>>25524413
Yes its safe anon. Lots of people use it.

>> No.25524515

>>25522081
Nice. I like how you cherry picked the time frame. Kind of an important factor here.

>> No.25524523

>>25524413
It's safer than any centralized exchange because you never give custody of your coins to anyone else. In 2 years literally everyone will be using it.

>> No.25524532

>>25524465
It's printed out of thin air. Just a run of the mill ponzi.

>> No.25524542

>>25522104
Where does your value come from

>> No.25524565

>>25524515
LOL you would have to try really really fucking hard to not make substantial gains on hex throughout last year. Like you would have to literally buy the top of every pump and sell on every dump.

>> No.25524583

>>25524470
>>25524506
>>25524511
>>25524523
>>25524402


Thanks anons much appreciated

>> No.25524590

>>25522573
most scams go up before they go down...

>> No.25524622

>>25524532
You mean like FED printing USD in record numbers? Last time I checked people still valued those pieces of paper. Value is just perception.

>> No.25524669
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25524669

>>25524532

It does staaaaaaking

>> No.25524688

>>25524590
> it went up in price just like scams do so it must be a scam

Nohexers, everyone

>> No.25524694

>>25522104
Its value comes from scamming retards, and all that value is in the hands of the faggot who made this shitcoin

>> No.25524695

>>25522364
Tech niggers are so fucking delusional. If tech mattered KMD would be in the top five and and Komodo dex would be as popular as uniswap.

>> No.25524707

>>25524465
The question is a trick question because things only have value if humans assign value to it. He wasn't asking what makes HEX unique from other cryptos, he asked what gives it value.

HEX is the first completed Defi project to mimic a decentralized time deposit on the blockchain. It is totally trustless, totally decentralized, and totally complete with no backdoors or admin keys. It has three audits- 2 for code and 1 financial. The total supply inflates by 3.69% per year and pays that inflation to stakers. When fewer coins are staked, the interest rate goes up for those that are staked. When more coins are staked, the interest rate goes down, but so does the opportunity for others to sell, creating upward price pressure. HEX is a true blockchain answer to the bank CD.

>> No.25524709
File: 112 KB, 640x730, 1586831097671.jpg [View same] [iqdb] [saucenao] [google]
25524709

>>25524449
>CHECK OUT MY ROI BRO
>JUST GOT MY NEW TOPHAT OFF AMAZON

>> No.25524735

>>25524532
Just like eth right? Or btc?
Learn what a ponzi is. Payouts are minted, they are new conins, ponzis take the coins from new players and give them to old players.

>> No.25524754

>>25524515
>cherry picked
YEAH I REALLY CHERRY PICKED THE TIME SINCE THE COIN WAS INVENTED THAT WAS REALLY CLEVER OF ME

>> No.25524780 [DELETED] 
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25524780

>>25523731

People were not saying that the smart contract is gamed so that the founder has a controller share of the tokens.

They weren't saying the founder then uses his majority control through the 'origin address' to recycle ETH and HEX back into the token.

People weren't saying things like that about BTC.

>> No.25524781

>>25522789
Well that makes you a certified nigger

>> No.25524848

>>25524709
>EVERYTHING I OWN IS THE NEW BITCOIN
>EVERYTHING I DONT OWN IS A SCAM

>> No.25524910

>>25524780
Go on r/buttcoin right now and even after 12 fucking years and 3 million X increase in price salty nocoiners are calling Bitcoin a scam, ponzi, created from thin air, rugpull, etc. The exact same things they've been saying for over a decade. Pretty much everything nohexers are saying in this thread are echos of r/buttcoin retardation.

>> No.25524941

>>25524780

So you're complaining that the creator of the smart contract supposedly uses his majority stake in the token (which was part of the design) to support its health long term and prevent opportunistic dumps? That's basically what you're saying. Just in a negative frame. Where is the FUD exactly? Lol

>> No.25524979

>>25522081
i cannot see hex on uniswap what the actual fuck

>> No.25525030

>>25524979
Change your token list from the default to 1inch or coingecko

>> No.25525096
File: 25 KB, 600x600, 1594336552878.jpg [View same] [iqdb] [saucenao] [google]
25525096

>>25524848
>EXCHANGES AND MARKET CAP SITES REFUSE TO LIST IT. WERE SO EARLY DAWG

>> No.25525113

There are no HEX bag holders lmao everyone is up. Do you even know what it means.
There are retards who bought high and sold low tho.

>> No.25525191

>>25522911
The hate here is for the fact that the question was answered by a bullshit non answer, not for HEX specifically.

>> No.25525216

This thread is exactly why I know HEX will flip bitcoin eventually. It's so full of mouth breathers who don't know shit about the value of things or marketing or how to make something successful. They just parrot what they read on plebbit and when you show them that their point of view is actually wrong and retarded they run away. Hex is a fucking beast in the making. It will swallow crypto

>> No.25525284
File: 1.49 MB, 2880x3840, wow.jpg [View same] [iqdb] [saucenao] [google]
25525284

>>25524170
>>25524268
>>25523353

The smart contract is gamed so that the founder has a majority share of the tokens.

The 'origin address' controller (Richard) then uses his majority control to recycle ETH and HEX back into the system. Propping up the majority of the price.

The ETH in the early stages traded (official just 'donated') for HEX went to the origin address, and 50% of the tokens from early withdraws goes to the origin address. The system is gamed to profit Richard.

Richard literally admits this himself after people uncovered and criticized him for it, but he tries to convince people that it's a good thing: https://www.youtube.com/watch?v=ubyk3mT9VQ4

What this means is that Richard has an incentive to rugpull if there aren't enough new people coming in at a quick enough rate. He can just run off with his ETH. He's pumping and promoting HEX to get new people to come in, when it runs out of steam he will likely bolt and the price will collapse as it dumps to zero.

Newcomer Anon, a better ethical alternative to HEX is Wise Token. It was started by Peter Griff who was an early investor in HEX, but got out early when he saw what Richard was doing and exposed him.

https://wisetoken.top

There is no 'origin address', the developers and founders had to buy tokens like everyone else, and the ETH to buy the tokens is locked into UNISWAP, it doesn't go to an 'origin address' controlled by the founder.

On the website it says 'available on UNISWAP' to buy the official token. Though it might be a good idea to wait a bit until Gas prices die done.

Richard may not rugpull this year, but I am not confident of that. Especially if we do a 50% crash in the crypto market.

>> No.25525291

>>25523353
That volume is fake you stupid nigger. HEX is the only coin with real volume because it's on uniswap.

>> No.25525295

>>25524709
Those guys probably made millions of dollars, I am jelly as fuck for not getting in earlier and larger.

>> No.25525324

>>25525216
"If you're going to make programmable money, the first program you should make is interest"

>> No.25525331

>>25523589
/Biz/ literally hates money

>> No.25525332
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25525332

this thread exists just to ruin newfags, right? or are you guys really this retarded?

>> No.25525403

>>25523764
Most hex haters just make up pure lies which tells you all you need to know about them

>> No.25525409

>>25525216
>It's so full of mouth breathers who don't know shit about the value of things or marketing or how to make something successful.

Most HEX fans I know just repeat what Richard says.

I've watched his videos, and practically word for word people have repeated what he's said ITT.

>> No.25525443

>>25523801
We literally just saw this exact scenario youre detailing at the end of the launch phase a month ago and look at the price now.

>> No.25525467

>>25525332
I remember you! Didn't you say the same exact thing before I was up 150x in profit?

>> No.25525469

>>25525284
Lel no thanks. I'll take my chances with HEX, not with the guy that used to promote bitconnect and now copied hex to try to steal some of the thunder. The liquidity meme is quite silly. You will realize why soon enough.

>> No.25525522

>>25525291
To be fair the exchanges its listed on are just order books full of fake trades. The only real volume is in uniswap.

>> No.25525586

>>25522202
go back

>> No.25525628
File: 72 KB, 755x960, agorism (1).jpg [View same] [iqdb] [saucenao] [google]
25525628

>>25525469
>that used to promote bitconnect

He got scammed.

Richard made his money before HEX from spamming. If you think I'm lying...

https://archive.is/ciUwB

So you are trusting a spammer.

>and now copied hex t

It's not a copy, because there is no gaming of the smart contract to give the founder a controlling share of the system.

It's decentralized in a way that HEX simply is not, even by Richard own admission about the actions of the 'origin address'. He literally confirms the criticism himself that the 'origin address' is recycling and pumping the price in the video that I posted.

>> No.25525648

>>25525628

>https://archive.is/ciUwB
Part 2 of that link: https://archive.is/B5xzf

>> No.25525966

>>25525628
>2007
>fined $1000

lol what a criminal mastermind. Richard talks about all of this stuff but you make it sound like you uncovered some big secret.

What does any of this have to do with HEX? Why not explain how hex is a "scam" instead of linking to spurious articles from 14 years ago? It's cuz you can't and FUD is all u have

>> No.25526010

>>25522081
just a wonderful financial product. the first cd on chain. turns out people like to make interest they've been starved of true interest for so long. chart doesn't lie with hex

>> No.25526043

> 9% staked

kek

>> No.25526076

>>25525628
now that is some low effort fud. that's like saying elon musk got a drunk driving 20 years ago. it makes zero bearing on the project and how ostensibly amazing it is.

>> No.25526104

>>25525966
Seriously, calling RH a "spammer" literally just means he was an early adopter in internet marketing since that's all internet marketing was back in the day. And it worked. And he adapted to do legit SEO.
So the criticism is that he was too early in a new industry and got rich as a result. Hmmmmm.... why does that sound so famliar?

>> No.25526132
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25526132

>>25525966

>Why not explain how hex is a "scam" instead of linking to spurious articles from 14 years ago? It's cuz you can't and FUD is all u have

Please follow posts to understand the context. The anon I responded to brought up Peter Griff's promoting Bitconnect on social media, and I said he got scammed.

So I brought up Richard's past in turn.

>Why not explain how hex is a "scam"

I already have. Did you skip the post?

Here...
>>25525284

>> No.25526174

>>25522081
richard is a disgusting slob, what’s the point in making it if you’re obese with cheese tits imagine the smell

>> No.25526179

>>25526043
Low staking rates is why the interest rate is so high. High staking rates would be better for price, but I'm being paid handsomely for that uncertainty with an incredible interest rate.

>> No.25526202

>>25522269
Glorious.
I love to see the COPE.

>> No.25526240

>>25525628
Lol so why the fuck would I trust my money to a project created by a brainlet who got scammed by bitconnect? And yes I know that whole spiel about Richard being the "spam king". It's a nothing burger. He sent some email newsletters in the early 2000s to advertise some product and paid a small fine for being too aggressive with advertising. Who cares.

>> No.25526258

>>25526202
why would need need to cope if he got in early on the fastest appreciating asset of 2020?

>> No.25526336

>>25526258
I dont. I want to see the COPE of the NOCOINERS

>> No.25526356

>>25522081
>BITCONNNNNNNNEEEEEEEEEEEEEEEEEEEEEEEEECT

>> No.25526434

>>25526132
It just proves that an entity that has a big stake in hex can use its position in the system to promote it positively and support it. Almost like startup projects require some nurturing in the beginning in order to put them on an optimal trajectory with creators having less and less influence as network effect becomes a bigger factor and more people get educated about how to use it. Oh no! What horrible FUD! Fucking kindergarten hour here I swear lol

>> No.25526454
File: 40 KB, 750x400, regan.jpg [View same] [iqdb] [saucenao] [google]
25526454

>>25526240
>Lol so why the fuck would I trust my money to a project created by a brainlet who got scammed by bitconnect?

Anon, code is trustless, you don't have to trust the person you just have to trust the code. The code is open source, you can see if there is an 'origin address' or anything like that.

The entire point of smartcontracts is that it's trustless, so you don't have to trust him.

That is the entire nature of crypto, you could be doing a transaction with a sociopath, but they can't fake sending you the coin because you can verify it for yourself. It's trustless. That is the whole reason why people want crypto over fiat and the traditional banking system.

Like I said, HEX's problem is nothing to do with it's smart contract, and I haven't once criticized it. What I have said is that the smart contract is designed to give the 'origin address' a controlling share that is being used to recycle back into the system, and even Richard himself admits that.

No offence anon, but a trustlessness and smart contracts are fundamental concepts in the crypto space, so I'm honestly baffled why you would ask why you would need to 'trust the project'... You don't, you just need to verify the code is what it says it is. (Peter Griff did not design the code, BTW. It's also been audited by a 3rd party, one of the company's that audited HEX's code).

>> No.25526469
File: 139 KB, 564x707, thisisyou.jpg [View same] [iqdb] [saucenao] [google]
25526469

>>25526356
>EVERYTHING I OWN IS THE NEW BITCOIN
>EVERYTHING I DONT OWN IS A SCAM

>> No.25526527

This thread full of seething nohexers who can't make a coherent argument other than "scam!" is making me want to buy some more HEX. The dismally low collective IQ of nohexers makes me more confident that HEX is going to be a massive success.

Every time I watched RH destroy a hater in a debate I bought more HEX and that strategy paid off handsomely. After the episode of Whalepool where the retards on that show trashed HEX I bought a huge bag. If these are the people against it, it can't fail

>> No.25526563

>>25526454
Hex is trustless. No admin keys. Smart contract always pays you what you owed. You're just throwing out red herrings about economic centralization like it's inherently a bad thing. If you think it's a bad thing go take a look at the most successful companies in the world and analyze how they got there. And again, Peter is a swindler of shitcoins who came across an amazing concept like Hex and wanted to copy it in an inadvertantly inferior form to clout chase.

>> No.25526569

>>25526527
i swear to you i thought the same exact thing today. the iq of the people trashing hex in every thread is extremely low. its a massive buy signal

>> No.25526600

>>25526454
How exactly can Richard take HEX in the OA and recycle it into HEX?

>> No.25526651

>>25526600
It's brainlet logic imploding on itself. Gotta say anything and everything just to not admit they were wrong about hex

>> No.25526674

>>25525030
is coingecko safe

>> No.25526701

>>25526469
>(You)
https://www.youtube.com/watch?v=W6g8ShHEXns

>> No.25526770

>>25526454
This is the only legitimate criticism of HEX that I have ever seen. However most of this particular comment actually argues in favor HEX. You don't have to trust anyone. The contract is the contract and if you look at it, you can see that there is an origin address. Someone else having a lot of a crypto doesn't mean that it's not trustless.
Many of the cryptos in the top 25 have a small number of people or entities controlling a relatively large portion of the supply. It seems that there is utility in this arrangement. But as RH points out, the origin address has an absolutely massive amount of ETH. If whoever controls the OA wants/needs money, it can use or sell the ETH without hurting the project nearly as much as selling HEX would. It would be in the economic interest of whoever controls the OA to sell ETH rather than HEX.

>> No.25526785

>>25526674
You're still using Uniswap, it's just Coingecko's list of coins instead of the default.

Better yet use ethhex.com which is a front-end for Uniswap that defaults to HEX

>> No.25526851

>>25526563

>trustless
>but what dear ponzi leader does with the money is NONURBUSINESS ;[[[

It's a fucking ponzi. It being on a smart contract doesn't make it not a ponzi. There are so few public-facing people shilling it. Why? Securities Act 17(b)

Source: I've been a testifying expert both for and against ICOs/related issues

>> No.25526900

>>25526851
lol this is low effort bait. you can't be serious.

>> No.25526920

>>25526563
>Hex is trustless. No admin keys. Smart contract always pays you what you owed.

I never said it wasn't so I don't know why you wrote that.

What I have said, is that the smart contract is gamed so that Richard controls the majority of the system.

>You're just throwing out red herrings about economic centralization like it's inherently a bad thing.

What I have said, repeatedly, is that only as long as there are new people coming into HEX Richard will continue pumping the price.

Once he started recycling he can't stop, otherwise the price will collapse.

It will be interesting to see what happens to HEX if there is a big market crash, and the effect of the referral program running out has on new recruitment.

> Peter is a swindler of shitcoins who came across an amazing concept like Hex and wanted to copy it in an inadvertantly inferior form

The completely decentralized and fair distribution of the tokens is superior to HEX.

HEX is literally being propped up by Richard Heart's origin address. Even Richard Himself admits that. That is a significantly flaw in the design.

You guys better pray that Richard doesn't get into an accident or croak, and stops recycling the ETH and HEX back into the system.

Decentralizan is a better project for smart contract (the companies you are describing do not run on smart contracts), because it distributes the economic burden. HEX puts the entire project on Richard's controlling share.

I have no idea why you don't recognize that as a vulnerability.

>> No.25526960
File: 132 KB, 1000x1000, hex.jpg [View same] [iqdb] [saucenao] [google]
25526960

>>25524137
>No one is exchanging bitcoin for hex.
Literally did a week ago.

>> No.25526964

>>25526600

He literally explain in his own words how it happens in the video I posted. Here...

https://www.youtube.com/watch?v=ubyk3mT9VQ4

>> No.25527000

>>25526770
OA is just an element of the system like everything else. If OA is looking out for its own long term self-interest then the most optimal game theory for it to follow is to make HEX prosper since it has the most stake in it and has the most to gain from HEX becoming a popular system. How the brainlets think this is some sort of hex gotcha FUD is beyond me.

>> No.25527013

>>25526651

Richard explains how it's done, in the video that I posted. You can here him explain himself...

>>25526964

The fact that you guys don't know Richard's own admission, let's me know that you guys didn't do enough research before you invested.

>> No.25527046

>>25526920
If there was any ETH recycling that would only work during the initial distribution phase, which is over. Richard did not "admit" that he is propping up HEX. And if he ever did prop it up, he literally can't anymore because that mechanism doesn't exist anymore.

>> No.25527048

>>25526920
hex is absolutely killing the game right now. people are excited to be earning high interest. you can come up with a million scenarios for any coin. hex has everything people want and its price is performing amazingly.

>> No.25527089

>>25526770

1 entity (HEX) vs a 100 entities (BItcoin) with different interests/desires.

The 1 entity controlled system is far more vulnerable to manipulation.

That's like comparing a dictatorship to a parliamentary system. I don't like either, but one is preferable to the other.

>> No.25527137

>>25526964
Wow. So can I use my Bitcoin to pump the price of Bitcoin? Why didn't I think of that sooner?

I'm not sure you watched the video because he never at any point said he was recycling. He said that having the OA not stake means other stakes get higher interest, and thus makes it easier to on board.

>> No.25527144

>>25527046

He admitted the 'origin address' was, and if you've watched his streams (like I have) he makes it pretty clear that it's him. He literally says "Whoever owns it won't admit to that, because then HEX becomes a security, and the SEC gets involved".

Even most HEX supporters I've seen acknowledges that it's Richard.

>> No.25527163

>>25526920
It's called bootstrapping an idea. Many successful ideaz started out with one or few people nurturing them. As time goes on, network effect takes over and the creators have less and less of a role.

>> No.25527198

>>25527046
This is what he says in the video
>OA staked at first but realized that wasn't good
>OA stopped staking and just holds pushing interest rate up for stakers
>OA has never sold HEX
>OA would prefer to sell ETH rather than hurt HEX price by selling
>EOS did this same initial distribution and it was successful

He literally never says anything like what you are pretending he says

>> No.25527238

>>25522991
The important selling point for me, was the site actually works and does what it's supposed to do
That should be a benchmark of faith where if Richard or the team set out for another goal or gave HEX some lind of utility, it would actually be a functional product

>> No.25527257

>>25527137
>Wow. So can I use my Bitcoin to pump the price of Bitcoin? Why didn't I think of that sooner?

If you had an over 50 percent share of the Bitcoin like the 'origin address' does for HEX, then you could pump it. You don't have enough Bitcoin to do that though.

>I'm not sure you watched the video because he never at any point said he was recycling

He said the 'origin address' was, he literally explains how the 'origin address' was.

I assumed that if you were an investor you watched his streams, and whenever questioned about it he literally always alludes that it's him, but says "someone couldn't admit to owning the origin address, because then that would make it a security and the SEC would get involved".

Have you watched his streams where he talks about the origin address? It's a routine topic which he talks about.

>> No.25527324

>>25527257
This is another example of why I'm so confident in HEX. All the critics have to go on is lies.

He never once said that he was recycling. You either are incredibly dishonest or incredibly stupid

>> No.25527352

>>25527144
You claimed that he said it in that clip. He definitely didn't. Why would anyone trust you when you just posted a blatant lie? In fact, if HEX really is a scam, why do you need to lie at all?
I knew from the start that it was possible for the OA to recycle ETH and I bought anyway. If that even happened at all, it can't possibly happen now because launch phase is done.

>>25527089
BTC is the least offensive in this area, but it wasn't in the first year it started.
But I was talking about other coins where a person or board or entity has a significant portion of total supply.

>> No.25527359

>>25527324
they can spout lies but smart people are smart enough to actually research hex. that's why its doing so well

>> No.25527368

>>25527163

Literally impossible when there is a constant supply of tokens going into the origin address. Written into the contract is 50% of people who 'emergency withdraws' tokens go to the origin address. The other 50% get's distributed to amongst literally everyone else. So the 'origin address' will get those 50% all the time, and then it gets restaked given him even more tokens, which means that his shares grows even more.

There is not network effect when the smart contract is literally gamed to give, and sustain, a controlling share of the system.

It's written into the smart contract. This is by design, it's not an accident.

>> No.25527391

>>25526785
okay thanks anon

>> No.25527396

"Satoshi" is not even a real person and he owns 10-20% of the most successful crypto in history?

Any founder is going to control the largest portion of shares.

>> No.25527412

>>25526900

what kind of proof do you want? I'll post on my LinkedIn (though not posting "henlo biz pp poopoo")

>> No.25527445

>>25527238
People complain about the website but the web wallet is great. Easy to use and lots of useful features and stats. The main site for advertising is sort of gaudy sure but has tons of useful info. The kind of stuff a new user would want to know like how has the price done, how do you buy, how to set up a wallet, FAQs. If that's what's keeping someone from buying I don't know what to say

>> No.25527467

>>25527396

Satoshi has also been a ghost for a long time, and is not observed as handling what is effectively a slush fund

Whereas Richard Fart's Binance account is a subpoena away from a fucking disaster of an enforcement action lol

>> No.25527503

>>25527445
that's why one of the best arguments is to mention hex dot com because people will look into it instead of relying on some retard haters' opinions

>> No.25527619

Its day 400 and my stake ended day 400 am I free to hit the end stake button now?

>> No.25527626
File: 150 KB, 621x708, richard.jpg [View same] [iqdb] [saucenao] [google]
25527626

>>25527467
>Satoshi has also been a ghost for a long time, and is not observed as handling what is effectively a slush fund

Satoshi could crash bitcoin tomorrow and you would not have a fucking clue who it was.

At least Richard Heart puts his face out and spends hours streaming and answering questions / debating critics.

>> No.25527678

>>25527619
Wait until tomorrow and try. You don't accumulate penalties for 14 days I think.

>> No.25527704
File: 41 KB, 640x480, regan1.jpg [View same] [iqdb] [saucenao] [google]
25527704

>>25527324
>>25527352
>>25527198

The origin address has stopped restaking.. Literally exactly what I warned.

That means the HEX is not tied into a stake, and can be made liquid at any time...

That's not a rebuttal, that's a confirmation.

You guys are locked in for 1, 5, and 10 years. The 'origin address' was recycling but is not stopping, after 1 year...

Literally exactly what I said is the problem. The 'origin address' has the ability to sell whenever, you guys can't pull out without giving 50% of the tokens to the 'origin address' which the 'origin address' can then cash out.

How do you not realize that is a confirmation of my warnings?

The initial stakes from the 'origin contract' are still staked. The recycling has been done, confirmed by Richard.

The project is 1 year old.

You guys better hope that the market doesn't dump to 50%, and you are guys are left staked whilst 'the origin address' has ETH and HEX to cash out.

>> No.25527739

>>25522269
I choose to check those digits.

>> No.25527758

>>25527163
Hahahaha you're so desperate for hex fud. EES penalties are not that significant to affect OA supply, dude. It's not like everyone end stakes huge amounts every day or something.

>> No.25527761

>>25527412
Not the testifying part. That's an obvious LARP and I won't even entertain that.
The part where you call it a ponzi and talk about what happens to your money after you use it to buy crypto.

I market bought BTC on coinbase. That means I bought it from somone. What did he do with the money? What did Coinbase do with the fees? They must have paid some employees, what did they do with their salary?
Who cares? If you exchange money for a good or service it doesn't mean you get to know how the person you bought it from does with THEIR money for the rest of their life. It's just so stupid on the face of it that it has to be bait.

If you really think it's a ponzi, you either don't know how HEX works or you don't know what a ponzi is. A ponzi pays old investors with the contributions from new investors. HEX doesn't do anything like that. In HEX, you are trustlessly paid interest in the form of HEX from inflation of the total supply just like BTC miners are paid BTC from inflation of the totaly supply of BTC. It's exactly the same mechanism, just staking and not mining. If you pass GO in Monopoly and the bank pays you $200, that's not a ponzi, that's just the rules of the system operating as intended.

>> No.25527839

>>25522104
10+ replies but no answer.
No wonder you anons stay poor.

>> No.25527878

> I hate hex because other people are richer than me


/thread

>> No.25527895

>>25527704
Why is the OA not staking a bad thing? It means that over time the OA will be diluted since it's earning no interest. Meanwhile other stakes earn higher interest. It's a good thing, numbskull. And in no way is it "recycling"

Elon Musk owns a huge stack of TSLA! He can dump on you bagholders whenever he wants and rugpull on you. Better sell all your TSLA its going to zero!
RH is not going to murder the project he spent years working on, along with his reputation, by doing a rugpull on HEX holders. Believing that just means you see dumb

>> No.25527912

>>25527678
The end stake button is black, I think it might be alright. Meh Ill just wait until tomorrow.

>> No.25528036

>>25527839
The answer was given. Maybe you were expecting the wrong one.

>> No.25528091

>>25527704
"Recycling" refers to adding ETH into the daily distribution of the Adoption Amplifier, receiving that ETH back, and then putting the same ETH in the AA again the next day. The AA ended on day 352, so there is no longer an AA. It is literally impossible to recycle now. I don't know why you keep claiming that he is still recycling when it is impossible. Either you are lying or you don't understand what it means. You may as well tell me that he is torturing and raping dinosaurs. That's literally not possible and it sounds insane when you say it.
I said that the large amount of HEX owned by the OA is a legitimate criticism. However, this is also true for many other top cryptos and has worked out well for them so far. Anyone who has a lot of a currenty or equity can sell it and crash the price, but they would be the person most hurt by such an action, so it is a strange accusation. Elon Musk could sell a significant portion of his TSLA shares and make the price drop, but he would be the one most hurt by doing so. In this analogy, it would be like if Elon Musk ALSO had as much value in an S&P 500 ETF as he had in TSLA. Why wouldn't he just sell the S&P 500? Why stay up at night worrying he'll sell TSLA?

>> No.25528149

>>25527619
If the end stake button is black, you are good.

>> No.25528255

>>25528149
i have a stake from march that's now worth 20k i'm just jamming in a ladder of $4k stakes for every january the next 5 years. a little january gift every year. 5 year stakes get sick shares. i'll just be collecting noobs early end stakes and collecting hex.

>> No.25528320

>>25528255
i'm restaking all $20k i should say. i have some other large stakes from the summer set to end in the next month and i'm doing the same thing. it only makes sense because share price only goes up. if you are on the fence with hex you really are smart to get best value on t-shares and that's early.

>> No.25528339

>>25528255
Nice! 5 year CD ladders seems like a good plan since you get paid better for staking longer. When the first stake comes off, you can sell the interest and stake the principal for 5 years so that it ends on year 6. After that first 5 years, every stake you have will be a 5-year stake, getting great interest.

>> No.25528566

>>25528255
Smart move. Congrats on the gains. I have a lot of HEX staked that is ending this year and next. Didn't really understand shares when I got started because if I had I would have not been so heavily front loaded and would have staked for longer when shares were at their cheapest. When my stakes end I'm planning on laddering out for the next 15 years, adding on to the end as the stakes end and basically have steady income the rest of my life.

HEX is going to give a lot of people financial freedom. I almost feel bad for the nohexers missing out but they are choosing to stay ignorant so can't feel too bad.

>> No.25528675

>>25528149
Fuck 14$ gas fees what is this. Should have left it, will probably take 48 hours for the cheap tx to go through.

>> No.25528790

>>25528675
Yeah ETH pumping is really bad for gas price. Hopefully the gas price will come down. It's even better if you bought a bunch of ETH early last year like I did. It says "$14" for gas price but that only cost me like $3-$5 when I bought it.

>> No.25528874

>>25528675
Gas is cheapest on the weekends,and at certain times

hex.vision has a gas price to help find the cheapest times

>> No.25529040

Have 101 HEX, is that a make it stack?

>> No.25529137

>>25529040
Not yet. But the good news is you can double your stack with less than $2 on Uniswap.

>> No.25529181

>>25524333
Because most people here are brand new and retarded

>> No.25529340

>>25529040
no that literally like $1 worth of hex. are you perhaps from Swaziland? 1M hex stacked for 5 years plus is a make it stack

>> No.25529358

>>25526179
No, it means many people don't really believe in it (the coin, staking)

>> No.25529388

>>25526454
>What I have said is that the smart contract is designed to give the 'origin address' a controlling share that is being used to recycle back into the system, and even Richard himself admits that.
imagine hating money so much that you believe this and still don't buy.

>> No.25529563

>>25529358
My statement is immutably true, while yours is speculation based on your ability to read the minds of people you have never met.
Ask yourself why you trust your statement more.

>> No.25529776

>>25523144
I still have that shit on my wallet

>> No.25530107
File: 1.80 MB, 640x368, HEX to the moon.webm [View same] [iqdb] [saucenao] [google]
25530107

i fucking love HEX!

>> No.25530350

Cant buy on Coinbase
Cant buy on Robinhood
Cant buy on Kraken

deadcoin

>> No.25530531 [DELETED] 

>>25526920
>It will be interesting to see what happens to HEX if there is a big market crash, and the effect of the referral program running out has on new recruitment.
the referal program ended you dumb nigger

>> No.25530546

>>25530350
If you wait until it's on normiebase before buying you're ngmi. It will be on Coinbase but that'll be after the price is >10X what it is today l.

As RH points out centralized exchanges are the opposite of what crypto was invented for. You can get USDC on Coinbase for zero fees, then buy on Uniswap. Stop using centralized exchanges except to convert your fiat into crypto

>> No.25530575

>>25526920
knightly crypto i know that's you.

>> No.25530656

>>25530531
Referral program ended, free claim is over, BPD is over, and yet HEX is still close to ATH. So much for HEX dying and everyone dumping after BPD. Nohexers are consistently, invariably wrong about everything

>> No.25530719

>>25527013
>You can here him explain himself...
show me the chainalysis beaner

>> No.25530774

>>25527144
timestamp the part where the word recycling is used

>> No.25530957

>>25523215
>>25523471
It definitely happened, and it feels like they were going for people into popular Uniswap-only coins my wallets with more legit stuff didn't get it

>> No.25530961

>>25527704
and you better hope it does fail knightly crypto because otherwise you will have missed out on greatest opportunity your pathetic life will ever see.

>> No.25531717
File: 517 KB, 760x568, 1609543506338.png [View same] [iqdb] [saucenao] [google]
25531717