Bitcoin Forum

Currently, 1 HEX = 1 Satoshi. Can it go up a few fold?

https://coinmarketcap.com/currencies/hex/

It has too many red flags for me even to look at it deeper, studying it more seems like a waste of time and all the loud criticism it attracts with it will bring the price down for a long time anyway.

I've heard that it's likely a scam. Read this tweet by this guy, he's telling that if you invested $130 then it's now around $3 with HEX.

https://twitter.com/CryptoScamHub/status/1208720751433584640

It will never go up, just by reading their site it's already too good to be true and when you check their announcement thread a lot of users are aware that it's a scam.  

HEX is a new project, HEX entered in coin marketcap on December 18th, and the price is now -92%, is this what makes people think that they are SCAM ?, in my opinion it is common in new projects, this token is still nobody's interested

You can find out what the community thinks: https://bitcointalk.org/index.php?topic=5207757.0 Obviously, there is no conclusive evidence proving that HEX is scam, but you do not have to look too closely to see it to be bad.

Bitconnect entered coinmarketcap and got delisted and soon HEX will also delist. Read this explanation below.



You can already figure out that it's likely a scam.

A big lost on its price means if the team can't even create a sustain development progress and even if that was a new project and that shows that project is lack of the credibility. Not so many new successful projects is giving a very worst performance like HEX. that's a scam. Nobody interested caused by it's a crap coin. that's the reason.

Usually the satoshi coins aren't ever going to break out. There are exceptions but usually the liquidity within the marketc is so low that no speculator would willingly invest in such a coin, unless it's airdropped or there is significant external demand for the coin somehow.

I'd stay away.

wow imagine being such a worthless shitcoin that your barely worth a SINGLE satoshi :( amazing really
this is a prime example of why you should NEVER trust these random rich dudes that make a crypto, they are WAY to greedy to not dump it on idiots
one satoshi, wow, DOGE is worth THIRTY TIMES what this coin is haha

lol too dangerous if you buy that token there is no more buy support that will happen since the price is 1 sats only, then traders cant make any buy support and the possible things to happen is that will be the end of its price. There are many coins in the market has the same price as this and the last thing that possible to happen to that the project is it will end without any buyers to buy.

HEX ROI -92.64% with this kind of stat it's not worth investing in this kind of coin, this is one of the troubles with new coins, they failed to generate support and because of this, they slowly become a deadcoin, people should only look for old coins, some of these new coins are just a recycle of an old coins.

Hex has so many problems from very low price and volume, less news update about the project and I can't find any information that support the project become better/ keep running. I only suggest you to leave this project depend my prediction of course because not compare with all promises the have. My prediction could be wrong but I'll not stop people to participate, your money your choice your risk.

It'd be a lot better to stay away from such coin. Looking at the price on coinmarketcap says it all. It's a shitcoin, and only worth 1 satoshi.
I highly doubt it will have a price higher than that, and also it has quite the issues on their end. There's a lot more coins out there, why choose this one?
Is it because it's only a satoshi and if their price increase you could make a fortune from it? Well, keep dreaming. Still, everything's possible.

HEX is so bad, I think it's hard to climb in the later days because of its small volume of ROI only-92% and it's so bad if the investors are still holding their coin. Should be dev and team before happening his many problems crashes and such. First, find a way out to overcome this excessive crash that makes investors even loss and nobody is interested if his ROI is just so like that.

It's because the devs of it are dumping. They've just launched and they became a dead coin quickly. This what happens to scam coins because they don't have a vision for the coin itself. As we've told everybody here, it's likely a scam and its promises won't be delivered.
Just like, how can you trust those huge gains without doubting it? we have already a lot of the scam before and yet people don't learn from that.

What devs? It was written as a smart contract on a failing blockchain and it was never publicly announced how the transfer system works. I assume most of the Day-1 Ether came from friends who helped to hype the crap out of it, so it might gain some friction, which it fortunately did not.

There is no money more to be made, people are smarter than they were before. The big error was to never try to combine some real world application to it. It's just monopoly money where you have to pay to roll the dice.

Richard Schueler aka Richard Heart is a hardcore scammer and he has done that in the past and now he switched platforms and started coming out as a bitcoin supporter and i am sure he made a reputation in the entire market before spinning out his twist on things and he knew that he will get away with it easily as he got away with them in the past and the new market will give him an opportunity once again.

Avoid it and save your money.

What is given for free is worth almost nothing. You usually dont go buy something others get for free do you?

If I see it today at CMC, it seems to have gone up to 2 satoshis.
But I don't think this token will go up any further because when viewed from its volume it is very small. Nobody is interested in the token. Unless the developer releases a very good update for the token. Maybe there will be interest from some people to buy it.

Hex is a scam. You put your ETH in a smart contract and get worthless HEX for it that does nothing. The only reason why somebody would get HEX is to sell it later for more ETH but it won't happen because for price to increase there have to be more people ready to buy HEX from you to later sell it for even more. It's a good old pyramid scam. The only person that will profit from it is Heart but that's not even his real name.

Many will tell you yes and many will say no, you are the one to make a choice but you should do your own research first, I heard about HEX of Twitter and well know crypto fans on Twitter called the project scam which turned me off till date

It will of course increase from it's price today. If it will go up a few fold, do not hesitate to sell hex coin right away. I have doubt for this kind of coin. 1 sat? There is a chance to go up when the market will recover and will be in green. I just advice you do not have to focus on this coins, hence buy some potential altcoins that worth to hold without worrying if it will improve or not.

Looks not good enough to buy or suggest other people. Listing on CMC is very much easy nowadays, just list your token on 2-3 shit exchanges and apply for CMC listing. Once we care CMC listing because that can make a good push in coin price. However, I Don't see any potential in HEX, developers should release a product asap, people are not interested in words anymore, just look at the volume of HEX, you will realize this coin is not doing well.

I have friends on Twitter can keeps promoting this HEX project and yet so many twitter users are screaming scam, it's profitable for some and still looks like Ponzi, either way i prefer coins with real use cases

yes it is possible to a few fold. But it is more possible to be garbage. Isnt it already a garbage? upsss....

I dont understand what will expect with this coin, what they want, instead of there are many good coins around
to me, I dont wanna waste my time to see these shitcoin.

this is similar to that done by byteball and the stellar foundation, everyone can get free HEX by becoming a Bitcoin holder and you can claim it through their website, besides that people can do Stake on their Hex, but unfortunately it's not very interesting for me as bitcoin holders to claim free HEX tokens, I guess it's just a waste of my time to pick them up even though I can get free money and do dumper, lol

Not worth the time, 90% of your claimed Hex are locked in an idiotic stake contract and you can only access them after 350 days.

The way things are now it seems the project died on arrival, Roger Ver tried to make it more legit but I feel his influential power in the space is dwindling, I think people would have tried to gamble more with it, if it is in a bull market but most people have learnt their lessons investing in shit/scam coin when you wake up one day and discovered their is exist scam and you turned bag holders

HEX price went down after launch almost continuously.
I expect it won't be traded soon against Bitcoin; instead it'll go in a pair with much lower priced coins (LTC?). Don't be fooled by the 1 satoshi thinking that it cannot be go lower. It's not 0 yet.

Too many people have flagged it as scam. It's way too risky to invest even one penny in it.

Currently, 1 HEX = 63 Satoshi. It went up a 63 fold. :D

In a simple manner, i will say that the hex token is a project that surprised many, it is not easy for projects to thrive after being tagged as scam, but hex project did not only thrive, it excelled in volume and price, which left many surprised.

Now onto bounty hunters, they were greatly rewarded, and all i can say is that The HEX token is indeed a good and reliable token; i have no idea what product it offers; so this is not an encourage to invest in hex.

Always do your own research, and find out if a project is indeed scam or not individually.

Hex went such up and also had to come down before they did bounty and the coin is pumping speedily. My take is, if the team continue with such zealousness HEX will be a strong coin but if they fail a bit fears may come in and investors will definitely sell off. I will advice they keep being strong and dedicated.

current price of Hex is currently 62sats.. just because demand is low doesn't automatically mean its scam.. theres a different btw a failed project and a scam project.. you investing in a crypto currency in the first place.. means you're accepting the fact that the project might fail and you'll watch all your money go down to zero

I think personally this hex can be said as altcoin which has a very high risk due to terrible price movements and a very large supply and is only available in some places of exchange that have a bad reputation so that makes me doubt what is developed on the hex platform, if I personally would prefer not to buy it.

Hex looks suspicious because of promised ROI by the team. Yet the use case is not easy to understand too, if I were you I'd invest few cash I can spare or afford to lose, many considered the project as scam so you need to be careful

I'm going to avoid this coin from reviews so far,vit looks like one of the shit coins that arrived the market. No volume enough to attract buyers and buying for keep means you might not see any interested buyer like others that have come and go.

From the moment you created this theme to the present, the price of Hex has gone up 40 times and it is really a crazy growth for this project, if someone invested in it in past and now they have profit up to 40 times

I believe it will be dumped so hard as there was so many bitcoin holders have not yet sold their hex to the market due to the lack of liquidity that owned by hex coin.

Hex was growing more than it and it looks like the price has already started to go down again.

I also believe that its price will inevitably collapse in the future, although the current price is still too high compared to the time it is listed at the exchanges. And with this project I believe the bounty hunter is having fun with it and if someone holds them up till now they will get a lot of money.

You can claim your HEX tokens if you are a Bitcoin owner, but if you are going to buy it, I would be very cautious. Because this coin has very big inflation rate and it would need very high market cap in the future to retain the same value.  :)

I was quite surprised by the performance of HEX tokens, imagine the increase in HEX tokens is very significant in May 2020. But now the price of
HEX tokens began to decline, I think the price of the HEX token should be decreased because it only experienced a price correction. It should be
a HEX token up again, even though it does look in the near future HEX will have a chance to go up again. But if you are in doubt, I suggest
not to invest in HEX tokens.

If you look at the price now it is already over 40x in the satoshi value since the time of this post and i have seen people making huge returns with this coin but personally i have been careful with hex because the model does not seem to be real and seems more like a ponzi scheme that is why i skipped it.

Congratulations to Hex holders.. Hex is indeed a good project with solid team. I could remember vividly I was doubting the project at first until my friend make huge profits from it. Hex has a great future..

Agree with you, do not invest in this project because it will collapse in the future. Prices have increased hundreds of times compared to the beginning of 2020 so stay out of this project. Investing in it will definitely disappoint us, BTW I have heard some people say this is a scam project.

HEX is good if you ask me, don't listen to haters saying it's somekind of pyramid scheme or Ponzi, they find it hard to understand how the project works, HEX can be pretty hard to understand but once you get a hold of it you will realize it's more than just a mare crypto project

To me hex looks like a project that won't last for long, I recommend investing only what you can afford to lose and don't plan on holding for a very long time, I have a feeling that this project won't last long

I'm no expert but HEX seems to be a legit ponzi. By legit I mean the operation is transparent while ponzi means the investors gets paid only if they'd be able to bring on new visitors. It might have been profitable for us if we had jumped early but I think it has grown enough for us to make a profit out of it before it stops operating.

Interesting but sure you add some extra cautious cause this project is somehow similar concept with bitconnect. Im sure some of you are aware how did this project turn out to be scam later on. It took them a long time before finally show it true colors. I congratulate some of the holder for selling off profits but always make sure if ever something happened on your investment can be afford to lose.

Hex have been called scam on Twitter multiple times but brave are those who still takes risk and invest on such project, fortunately hex brings big ROI to all investors, I'd say never underestimate crypto project, it's always about taking risks but investing what you can afford to lose is the best crypto plan

Only if I had seen this discussion earlier. HEX is now priced at 40 satoshis, x40 from the time OP posted about hex. In matter of months, it rose by 40 times.
They airdropped the coins to bitcoin holders in December and their price has increased by more than 100 times from the initial trade.
It's a staking coin that provides larger interest for freezing your coins for longer time. They can still have a future as some people are freezing them for years.

I feel like it's a hype coin. I just feel it. It just got it's popularity in the bounty which can be bad. If you look at it they distribute the tokens to people their instincts will say that they sell it right there. which will lead on the market on being so bear. Which can be good in the long run, but it's not a coin that will be successful in it's first 6 months on the market.

Why do you think there are many people investing in this project? If there were many people investing in it, I believe its price would have collapsed and hit the bottom. It is likely that the dev team has pumped it to attract investors' attention

HEX seem ok but looks more like Ponzi to me, what annoyed me about this project is the team or CEO who said this project will bring huge profits for investors, I don't like project that promises huge profits to investors, they make it look more like a pyramid scheme project

Sure, stay away from this project if you don't want to lose money. The current price of HEX is saturated and going down, I believe that in the next 2-3 months its price will drop at least 3-5 times compared to the present. There are many other projects that are much better for us to invest in

I claimed from one of my BTC addy but I needed to pay the equal value of HEX in terms of ethereum gas. I'm not sure what are calculations they are following because they adjusted many of my balances and also locked most of HEX for 180 days or something. When I followed, hex was trading around 51 satoshi in yobit but after that it got heavily dumped to below 40 satoshi.

I showed interest on hex when some advertisements are so showing like already it got 1000% growth. But  after I started following, I'm not seeing any significant growth.

There has been some coins which have followed mandatory locking period regardless of their air drop programs and they somehow sustained in the market unlike most other forks. So, if the devs themselves will not be dumping then there would be some chances for HEX to be having some decent value in the future but I'm not sure what will be going to happen because they are not generous in terms of rewarding us which must be they signal for devs may go for dumps from their pre-mines.

I'm not sure about hex is actually scam or not. But its quite suspicious to me. I've heard a lots of reports against it. But some are telling that hex is good option for makes money and they are already done. But i avoid hex cause still i am unable to take proper decision about it

HEX is a very hard project to understand, I couldn't really get it's concepts much but it's a successful project, if you have interest make sure you do your own research and also invest very small amount you can afford to lose

I guess the supporters will always be told you about that but you must try to see there are some accusations that have already made in the past and it can become a good point to determine how good the reputation of hex coin right now.

I don't know much about HEX but I've heard negative news about them, so it's better to stay away from projects that have negative comments because in the future they might collapse and disappear like in the previous Ponzi project

I can't judge something I can't understand, I only understand half of what HEX is all about not everything, it got to a point that I became confused about the HEX, whatever the case may be do your own diggings and only take the risk that will favour you

They have a lot of FUD but besides that the price goes against that negative news. If the investor bought it from the end of 2019, until now they have received a lot of money from investing in it. And I'm sure with you that this is not the time to invest in it, the price has risen too many times and can easily crash anytime.

As far as I know, HEX is a kind of Ponzi model, so it has no business model that can profit, other than attracting new sources of money through new investors. With such a model, I think it is difficult to exist in the current market.

HEX ROI increased by 1,500%, in my opinion this project is very promising, they are trying to investors and the community can trust,
and the results are extraordinary

Although its ROI has greatly increased, the nature of this project is Ponzi and it will easily collapse in the future. Do not trust this project because it will surely make you cry in the future

maybe yes maybe not because in the world of cryptocurrency the ups and downs of the price of a coin are determined by market demand, if more and more market demand is attracted to the HEX it could be that the price will soar higher than current prices.

So the current situation, we already -50% since the last ATH of HEX Crypto.

Come on, how many people and lose we will see on HEX. Don't forget we already avoiding this token XD, all of them features only staking, benefit and revenue not really bring a significant change to blockchain and cryptocurrency. I'm still sure, a lot people holding with a largest asset when they out this token can't survive and everyone get into the fomo. Still waiting for a rekted people list ~LOL.

It seems Hex pumping machine is exhausted, different developers are now even coming out with different versions like Hex2t, HEX3 and the list may continue. I bought some HEX, when I saw the model, I sold off and day goodbye.

I've been saying it since I saw that coin. It has 0 utility and is advertised by that scammer who changed his name to Heart.

Who the hell changes name, promotes himself as Bitcoin advocate on youtube just to later start pushing his own coin that does nothing but convert your ETH into worthless tokens? Only a very shady individual.

As you write this, the price of 1 HEX = 1 Satoshi. And the current price is 1 HEX = 35 Satoshi. So HEX has increased by 350%. So this is very fast growth. And if we look at the chart on the CMC, the price of HEX began to increase on April 23, 2020. And until now it has remained at a high price. That is, after the launch of the token, there has been no price drop.

I haven't done much research on it but I know its investor is a very nice project. I think that the fact that it has lost a very high value on the basis of price, the market volume has decreased very much and the project team is not making any new developments about the project is actually a bad thing and the project has not been invested in this project. I would also like to point out that although there is a possibility that this project will be successful according to the researches I have done, there is also the possibility of ending life in bad market conditions.

And that's very alarming if you are looking to invest on this coin. It's always been increasing and there's no correction? well, you must be worried about how it moves because if that's going up forever then there's something wrong with it.
Do your research about this coin because not just me who are saying that it's likely a scam so be careful with what you are investing.
Do your part of knowing more about them.

You shouldn't judge a project because the CEO promised huge return, with the use case that some crypto projects posses they will surely become profitable in time, HEX is not easy to understand but I still have a good feeling about the project

I do not like this project though it's in 201 ranks in the coin market cap. There was a scam accusation when this project first launch and many people like me stop promoting this project in social media. Actually I do not understand this project concept clearly. If you have some conditions like me then you should stay away from this project and look for another one. There is plenty of good projects in the market.

HEX is an ERC-20 token that pays holders for rewards instead of miners, essentially a crypto version of a traditional fixed deposit account. Users can lock up funds, Then receive their investment plus interest when the term matures. There are currently only nine exchanges that offer trading on HEX.

You simply take a look at its current market cap, more than $ 800 million in capitalization for such a Ponzi token? I think it'll not last long. There'll be no more Bitconnect like the past, it's over. The market become more mature, and we need a project with real use cases and utility.

Hex may turn just like most other forks of bitcoins regardless of their plan of not letting you to "own" all your share of the fork.

Yes, there is a mandatory locking period for your shares of forked hex coins for the balances you held in your BTC addy at the time of their forking block number(I am sorry I could not recall the exact block number for this HEX).

People do assume due to its staking functionality it will get more investors but I am seeing continuous dump for this coin which must be due to devs' planned share of HEX before going for finalizing the block-number. I am not saying that is the case here but I am saying after observed in lots of other forked coins.

Devs just buy and load BTCs into the their addy just before the forking and then they are getting easy access to more number of forked coins. Some devs claimed mistake in decimal places to have more coins while forking, lol ;D.

After many bad rumours spreading around about HEX Token I still buy some in the past and I've already made my ROI back, I took the risk and it pays, though HEX can be very confusing to understand but the lesson I learnt here is not all projects that are called shit or scam are actual scam

It's confusing to normal investors because it's a ponzi! You got your ROI because you bought early during the hype and took your profits out of it.

The later you join a ponzi the lower is the probability of getting profit.

Also, getting profit from an investment does not legitimize it. People often get their first profit and go to tell the world about it which only makes more victims join the scheme. These systems work because people like you invest early >> get profit >> spread the word.

It will never go up the only way it can go is way, way down. The announcement thread made it obvious that this is not a worthy project and that in fact some people are convinced this is a scam.

In any way, it is still better worth your time looking at other more prominent altcoins rather than ones with >99% failure rate  :)

Personally I believe Hex will surely come up, despite many allegations going against the project, currently many believe Hex is a scam project due to many articles been published against the project, but am yet to see reasons why so many people are already labeling Hex as scam project, for me, I believe in the team and am hoping to see a positive turnaround soon.

The supply is 250B, I don't know if they will be able to keep up with their reward system. So much accusation against the project. I am keeping a safe level and will avoid trouble.

I think the developer of this HEX is not that active. Though the coins is really good it is not advertised well that is why it is lacking competency. The developer also do not post updates about it that is why many people are lacking of interest about it.
In HEX they are paying holders as a reward instead of the minets. In this trading website an investor can lock up their funds and wait for the charts and trades and in due time they can withdraw their investment and interest with it as a return on investment. This is really good because you will be secured with your investment.

I don't blame people or investors that called hex a scam project because it's very hard to understand how hex works and the team promising a big ROI sounds suspicious to me too, I wish the team never done that right from the start or maybe they are so sure of it? This doesn't still mean that Hex is scam project, the best strategy is to invest very small amount of money

Yes, you are right. We need to be careful with coins whose prices are increasing unstable. Maybe in the past few days there has been an increase in prices on Aurora coins, which increased to 220%. And now there has been a decline of 66%.
So if someone invests in the highest value, then from now they have felt the loss slowly.

from data that I saw for HEX like HEX, it can't be said quality coins because in some exchangers don't have volume other than that there are no great exchanger from hex like binance or bitrex, maybe when HEX is able to list on these two exchangers HEX prices will soar up

Hex current price is 35 sat and get profit on it but i can't say hex is investment project because people are saying hex is scam project and hex CEO collect eth, as i can see hex growing well, by the way i don’t say hex is scam project i am thinking positive

People generally invest in coins which have a good vision and a roadmap but HEX doesn't seem like a project in which investors will put in any money.
It just looks more like a speculative coin which people use for pump and dump. So I would never recommend anybody to invest in a pump and dump coin.
You should always consider only investing in coins which have a good project and a good team.

Do not buy HEX tokens because it is something that people get and constantly earning by staking, so it is obvious that the value of this token would be low. Without any real use case, I do not believe that it survives for long.  ::)

if market demand gets higher of course the price of HEX will double, and vice versa, in cryptocurrency investments, the ups and downs of coin prices are all on the investor's side.

Those who have been buying this token were betting on the hype.

People were getting their hex from the bitcoin airdrop and mostly people were trading hex have been participating in hex airdrop.
This coin  has no utility too. It's not worth to buy this coin.

The only reason why HEX has value is a fact that it was created by a big name -  Richard Heart, nothing else. There is no reason to hold it for many years because he created a good-looking token for people that do not understand cryptocurrencies. He didn´t think about the future use, there will be many new printed coins, but who will accept them?

Im not a pessimist but I browse the HEX website and even study their platform. Maybe the hunters who did campaign for hex were lucky but I cant seem to understand its main purpoae or goal. Anyway, if anyone would like to hold their tokens just make sure you ate ready in any case the token got dump pretty hard.

Depends solely on whales. I can see that this token is a pump and dump, and whales are good to play right with it. Some earn but I wonder who bought at pretty high price.

Anyone who bought HEX token at the time of your post would be very proud they did right now, in May 2020 HEX token skyrocketed to 0.006$ per token and now still trading at 0.003, that's a massive pump for a token with over 200 billion max supply

Right, any coin with staking feature but without a good use case or have a strong daily use will soon lower its value.
I don't see HEX have the real use that I mentioned above so its value definitely going to fall over time.

It's always about the profits, I regret not buying Hex because on Twitter many called this project a scam, many already make huge gain and judging from the coin features I doubt it will lose value over time, it's a well adopted coin

Hex is actually a string coin. I did the bounty and after bounty the price went very high so I think Hex us strong and can moon more. Another reason I am looking upto then us the team. They have good team that have good plans for hex and their telegram handle is always active. It's capable of growing higher.

based on the information that i've read, hex is not worth to invest. it has a lot of problems and less updates regarding the coin. some says that its a scam.if you send them ETH you won’t get it back, your ETH will become a donation. You should expect nothing, you will not be given anything and the HEX code can do nothing.

Well, this post didn't age well. HEX turned out to be very lucrative and proved the concept of a tokenized CD. Now other projects like MAXX.finance are building on that technology and adding additional features for fixed yields as high as 80%.

one of the shitcoins with the biggest marketcap is HEX, yes in my opinion, because HEX is not a project with good utility development,
and many people say HEX is a ponzy project, if it is true then HEX could be BCC version 2, so be careful

it's normal for new coins to be pumped at the beginning and when btc goes down they are not prepared to withstand the price fluctuations, this causes a big minus of up to 80% more or less, not only on HEX I think,
and this I emphasize HEX is not a scam project in my opinion