Bitcoin Forum

How is he rising so fast, it's like I'm seeing it all over social media  https://mobile.twitter.com/SkybirdStar/status/1257427465947004930

Like its crazy how much hype this thing has been getting and pretty cool since you can reclaim if you owned btc.

Trying to get more but it just keeps rocketing up, this is insane. I thought we was in a bear market but it's moon time.https://coinmarketcap.com/currencies/hex/   I mean that chart is ridiculous, like a hockey stick.

It is just beyond comprehension the pump on that HEX token. I participated in the bounty and had some. The promotion it is getting is massive, despite not being top exchanges. Although, they said they are building their own DEX. I wish them luck 

When did it do 100x? You are trying to shilling for it. Hex got a lot of hype last days. It is a scam project and the owner trying to hype the project so high. I think you should stay away from this project because its ROI is too high already.

LOL even op is also promoting for HEX and didn't you aware about that? it seems like this coin has so many fake volume. I have not even seen a single reliable exchange site that can be considered as a good market to get the real volume.

Yes many called hex a scam project but who cares? Making profits out of any project is people's aim anyways, I'm glad bounty hunters are able to make good profits out of this one in 2020, so far I think Hex is the only project that still pays hunters successfully

HEX Project is a coin I couldn't figure out still, very hard to understand, last time I checked it out it was trading at 0.001$ and now it's 0.005$ that's huge growth since launch in 2019, very impressive but I can't figure out if it's safe to invest on

I've seen many scam accusation about this project on social media but no single person was really scammed, maybe it's because HEX promised a huge return for the project, that can make it look like a Ponzi scheme or something

According to graphs on CMC the HEX/USD price rose more than 13x from its start to now.
Also according to graphs on CMC the HEX/BTC price rose almost 10x from its start to now.

Of course, if you compare all time low vs now, yes, it's more than 100x.
But all this doesn't matter. The coin is listed on small exchanges (some could even call them rather shady) where it's easy to pump it (or dump it). The volumes are not reliable.
So all the numbers are simply advertising.

Maybe it's a good investment. Maybe not. I find it too risky though.

There is not a single explanation for the pump experienced by the hex token; it suddenly tracted hype and then boom, prices keep rising and rocketing up.
One thing i am sure of is that, it is not insane; this is crypto currency, where we say tokens are volatile, but we forget to emphasize that anything can happen be it pump or dump.

So pick your profits, choose your spots, as you trade hex

Sorry to disappoint but I don't think any coin or project can again who much profit with the current market scenario. It looks more like a pump and dump and fake volumes.

I also initially thought that this was a scam project when the CEO promised lots of unreal things. but it was unexpected that the community was too strong and pushed HEX to new heights in a short time. it could be the most successful ICO project this year and the best bounty campaign. I also contributed a part for HEX's promotion.

I saw the coin in CMC and it only did x10 and not x100.

Well, another way of advertising the coin he is holding so hoping that some of the noob users here in the forum will fall into his stupid trap. Anyways, the main reason why investors are investing is for profit so if they see that they can get profit in this coin then it doesn't matter if it is a scam coin or a dead coin or a coin that has no transparency or even whitepaper or a coin that is considered a scam since the start of its release.

Will I invest into this coin? Not really. I'm more of a conservative investor and I can't invest into coins that are not popular for me and this coin is one of them so I'd better stay away from it.

Yes, HEX is growing so rapidly that I'm starting to worry about it. It reminds me of a balloon. Which is inflated, inflated. The main thing is that we can stop in time, otherwise we all know the consequences. But I participated in his bounty, I am very glad that I have not sold coins yet. I’ll wait, I’ll observe.

With such supply I would think the price will not go up that much, this is a coin many people tag as scam but some how is doing well, even x10 is huge compared to today's market condition, I think hex has done a great job, both investors and hunters have gain from the project, sometimes some project surprise you.

I got some free HEX when I claimed on my very small bitcoin balance, I thought maybe this would be like byteball so it was harmless but it was another smart contract token that required you to spend ETH to take full advantage so I stayed away. Just remember, most people think this will boom when it expires next year but I would not be so sure.

Many people talking about HEX and yet I can't find any working product for the project. When hype makes a coin skyrocket in price, people who buy when it's overpriced become victims. I'm not saying HEX is not cool but I'm not comfortable with mad pumps which do not look organic. Congrats to those holding anyway, but it's always good to take some profit when need be.

Hex is a ponzi scam. Don't FOMO and buy into it. Just sell it if you have some. I wanted to sell, but I only got $0.5 worth of it which was airdropped to me!

Thank you for breaking down this. And yeah, you are correct that all these are some numbers only which can be manipulated easily by a good amount of money which has been happened behind the scene. But to be honest, it has already got the required attention from the crypto community. I am sure this project will be died when developer will get out of their bag, and it will be soon.

That's why it pump despite we are in a bad situation now. . actually, I have not heard of this project but this ponzi scam you are referring have some decent volume right now. What happened? Why it pump this high. ..Also, as per what I see in the graph, it started with 1 sat price and currently at 59 sats now, it's not 100x I guess.  https://coinmarketcap.com/currencies/hex/

The mistake so many people make is to buy a coin when its pumping hard already, not minding the implications of a massive dump that might follow. HEX gave me some profit, but i don't normally hold alts I'm not sure of for very long term. Some people will definitely buy the top due to this hype, well who knows the top.

Can someone explain to me fully about what this hex token is all about? No matter how hard I try I still don't get it, the CEO boosting about huge gains makes me feel somehow about the project, no wonder many believes it's a pyramid scheme project

I dont know if the OP is trying to shill for the token in subject but according to the historical record the token have already make 2,538.15% ROI so far and 13.38% yesterday which is even more than the 100x said by the OP. However, the surge in price of this kind project cant be for long and i excepted the bitcoin halving to help the token for sometimes though.


 

It will be smart decision to stay away from this token because the current performance of hex clearly indicates that it's getting pump probably by the team and the most important thing Its current volume looks doubtful because this token is not available to trade on big exchanges so it can be risky decision to invest in this token.

I laugh when people buy coins because of price action  only, without proper risk management. Can the project boast of any product or atleast a promising MVP? HEX has been talk of the moment in crypto world, just because the price keeps going up. Like they say, what goes up must come down so don't get caught up in the dump when it happens. I'm still looking for good reasons why i should hold HEX for long term but none yet, so i sold the little i had today. Good profit anyway, I'm not discouraging long term holders. The community is superb, that's a good thing about the project.

It means your mind is too short in assessing projects or coins, because all the possibilities can still happen in the future, so don't think that coins or projects are no longer lucky enough in the current market scenario.

Newbie account first post is about shilling this HEX coin. Result of the hype created only resulted in price pumping which will soon be over there's nothing to hype about.
I wouldn't advise jumping into it without doing proper analysis after the hard pump.

I take a look at HEX chart and the only thing come to my mind is another PUMP AND DUMP coin. ;D
Nothing indicates how the hell it got to that high so when in doubt, take the worst possible case that I think this one is pump.

True.
I don't understand why others don't see the scheme behind them. It's obvious that they're promising positive profits despite the volatility that this market is bringing to us.
They should have learned from BitConnect and other similar projects.

Careful now, you might get hurt, just because HEX is pumping I don't expect anyone to start buying, the use case of HEX is very hard to understand, i smell Ponzi strategy ahead, anyways I wished I join the bounty campaign though, the profits are good enough

I think I am also beginning to see the Hex hype every where,though I didn't participate in the bounty because I thought it wasn't real,but luckily it paid hunters and price rose but the consistent rising is what is worth giving a thought,could there be a news behind the pump? Well again traders should be careful with it as there are so much speculation about the price hype.

Profit is profits regardless of the amount you are getting in a project that has a lot of accusations. Yeah you are right atleast HEX paid the hunters for work unlike any other supposedly have potential projects but ended up not paying bounty hunters or not making it on any exchnages that leave the hunters hanging.

I also doubted it a little because the statistical data on the CMC was a little confusing where the marketcap reached $ 800 million but its position was not in line with its market capitalization.
and the biggest exchange is Uniswap where I have never traded or traded there.
I think people who have been in crypto for a long time will find this odd.

You are on point, buddy! HEX volume is absolutely fake and wash trading! All those exchanges are famous for the hall of fake volumes and now they are showing a big fake/bot trading wall for HEX so that HEX coin rank is now in top 200 coins. This is ridiculous! Like the way Kick Token played a few months back, Kick Token came at top 40 coins and now they are gone. I assume, Acter couple of months, we will see the same fate in HEX token!

Yes, it would be better not to buy first, because HEX is a new platform, and usually if the platform experiences a very sharp pump then when the decline will also be very sharp and even will go down to the bottom, this must also be understood together.

I have heard several issues that the HEX project is a scam, but who would have thought they could have a strong community and participating investors for HEX. For investment, many might say it is risky, but for the bounty campaign, it is very profitable.

Which issues? I didn’t heard such thing or see any scam accusation in this project. Still HEX is the best one of conducted from @bountydetective. Bounty pool was very high, so profits is big. It’s going hype right now, coinmarketcap helps  indirectly likes wash trading volume and circulating cap is almost $800 million whatever it’s literally a part jokes for me.                  

dont try to promote this one....hey are pumping by team and its pyramid scheme project and will dissapear like bitconnect.lets do not shill it

It's possible that it is not a scam, but a really well designed project encouraging people to stake and hold. Yes, it has its shady aspects, but seems like it could be a legitimate project. For example this article makes a defense of HEX:
https://medium.com/@hextelegramlurker/hex-is-not-a-scam-until-someone-proves-it-in-defense-of-richard-heart-his-crypto-coin-663495cb3aaa (https://medium.com/@hextelegramlurker/hex-is-not-a-scam-until-someone-proves-it-in-defense-of-richard-heart-his-crypto-coin-663495cb3aaa)

I guess if you have BTC you should free claim as there is no harm in doing so. If you don't do it soon you lose most of your claim, as I believe HEX may already be in the 50% claim penalty phase.

Do your own research!

Hex price is really looking good, If they have shared the bounty reward, this is best time to sell while the price is good, it doesn't matter what the team are doing,  if it is true they are pumping it, then expect a huge dump soon, only those who have not learn would hold and hope for lambo. But if you trust team, you might take a chance.

I still can't comprehend the success of this project, it's among the project that yielded good return the whole of this year as i can confidently say this is the only project that paid bounty hunters a good reward so far and the price has been surging higher exchange ever since it got listed. I can only wish for more success for the team

There is something suspicious about it, i do not have any evidence but time will tell how it goes, i have seen similar projects that have gone from 0.01 price to 25 dollar each  and then exit and down to zero. I had a look at this project during ico it looked attractive but also i got the thought of too good to be true and then there were scam accusations on this forum too so i stayed away.

I don't know what is happening with this project, It seems over hype? they don't even have their own blockchain yet. Their CEO is hyping it on twitter, Telegram, youtube, etc. I hope those people who are stacking this HEX will not be disappointed in the future, be careful with false promises, It might be true or not. I hope it is not manipulated. The majority of its volume is on Uniswap it is a DEX. DEX can be manipulated too but I am not accusing them.

I did hex bounty so I am aware of the rise. Hex team are enthusiastic individuals. They have been doing so well with the tokens and holders are actually enjoying it. This is what I so admire about that project. I am very happy for them. It has done multiple increase.

This pump does surprise everyone, I also hope this is not a manipulation that will later be thrown away after many people have started investing in this project. because I see a lot of projects that have such a large pump that died after that

I am proud of myself that I have claimed HEX tokens for free. Now I have some funds for free and I can buy more Bitcoins - this token is not good for anything else.  :D

don't know but this is a insane token because they have airdrop and bounty programs, but can get 100x the price of their sales and also the hex circulating supply is big enough but that doesn't make them fail,  I think airdrop for bitcoin holders makes them successful.

I heard of this coin in a group I belong and I was really surprised the very way the coin keeps mooning which is healthy and good. And this coin also made me to understand that project growth is not solemnly on exchange alone but team. This is amazing!

Until you will realize how much real volume that acquired by the hex coin. The total daily trade volume that shows by CMC was fake and we should take about this consider it has traded on some scam exchange sites which always manipulating the data. This is not even an amazing thing.

well indeed there have been many cases like that and it can be said it was the last time a price pump occurred and after that there was no development at all, when I looked at the hex and some of the exchange places I saw that this exchange place often happened price manipulation so I didn't want to take risk and I will not enter in hex.

Stake and receive defi is the strategy most shitcoin use these days and i hope you dont fall for it because the whole coin/token which will be giving to you wont worth it in the end. It better you invest in bitcoin when the market is yet to be bullish.
Just be more careful guys.

It is not really a shortsighted opinion that there is no projects that can do x100, it is reality because there is so much more money involved in crypto nowadays than the previous years which makes it hard to x100. Let me make this a lot clearer, let's say bitcoin was 100 dollars, what does x100 would mean? It would mean 10k dollars, now from 100 dollars to 10k dollars is not really impossible, we have done it anyways so we know it is not impossible. But, what is 10k x100? That is 1 million dollars!

So, as you can see it gets harder and harder, one requires few billions at most, the other requires trillions instead. Same goes with altcoins, sure not as much because the market cap is a lot smaller but to make x100 gets harder the more money that is required.

No doubt that you are trying to create a hype here. I saw HEX in CMC chart which is pretty impressive but i didn't find any good quality exchange where HEX listed. Those exchanges are literally scam, unknown, not reputed and not trust able. And if you are too much proud of about just CMC's chart then i'll say that people are not interested about it because of fake volume. So be careful of them until they got a reputed exchange.

Frankly speaking, the rise of Hex really surprise me. I want to take this in a positive way but I have a doubt on my mind. Hex is not listed on any such reputed exchange, on the other hand trading volume is not so strong. So I think it's good to stay away from investing in such projects.

Not only HEX, but also MWC did 100x against BTC in last few months. I saw it growing from 0.000004 BTC to 0.002 BTC in front of my eye. It is good to see that multiple Bitcoin Airdrops are lately doing so well.

you got a small amount  ? on what airdrop you got it  .

maybe you can try to earn more of it because everyone is saying that its on hype and if a coin is hype its value can also pump  . you cant call them a scam if they are paying yet  .  maybe not a scam but only a pump and dump kind  .  selling them early is a good idea and lets not wait for them to make the first move which is to get dump because that will give you a regret   .

its looks like I sold my bag too quick.. I still made 100 percent profit from hex though.. but thinking about my holding which I already dumped..  I think I couldve made about 200x more of what I got.... but from experience when a coin goes up too fast.. theres 90% chance the price is been manipulated and a massive dump will happen eventually

in terms of the concept in my opinion, and also their staking is different from other tokens so this might cause their score to reach 100x but it is doubtful whether they can maintain their achievements? , or whether in the future it might return to the initial price again?

How do you define being scammed. If you bought this you've been scammed. If you don't see it you're blind.

Just go and check addresses that belong to the chief scammer Richard and see how much money he made when he released the coin. It's a ponzi that gives him a profit from every swapped ETH.

On every ponzi scheme there are people who make money but the scheme is built so that the only person that always gets on top is the operator.

I sincerely do not know how organic the tremendous rise is but is their a law to it? No! Any project team can decide to wake up and pump its coin to over 1000 percent on coin market cap just for the glory. The last time I checked too, there's ample volume for traders and investors at unusual too

Another token which one did good but still I have some doubt I'm this coin. Hex only has volume in coinsbit exchange, others exchange has very low volume. Hex token also listed on tagz exchange, against which project also has several complain. About hex project I don't think everything is perfect.

That's true and this can be considered as a fake pump that has already done by crap exchange sites. We know that the reputation of exchange sites that already traded hex are very bad.
This one is not doing good, dude. Too much manipulation for hex token.

give it at least a couple of months, and you will know their true colour here. if they are manipulating the numbers, it will show one way or another. you can't trust a project that has no solid basis of why it is rising. traders can always jump on it for short term trading and get profit . but long term holding??? i dont think so

There is no trading exchange listed on coinmarketcap for hex , it's very difficult to believe how the price moved so much. I have been in their telegram group before , it seems like bot action because of too many frequent messages. I will wait to see how far things will go. No need to rush.

Actually so many people said it was a scam. I did not also know that scam projects can survive that long. Maybe the owners of this project making a lot of manipulation or using their funds to roll out some orders. This will lure confuse investors whether its value is fake or not. Im thinking that is the thing happening now. They are using their fund to increase the market value. This is risky but knowing that their project could be criticize by a huge community they want to show that they are in demand. This is just my theory about this project. Those bounty hunters joined hex are all lucky since they earned huge tokens from joining the bounty which was probably regreted by those who believe on scam issue.

Obviously correct because there are no even news that can make this token Go that High,and i have seen some tokens like this that being pushed by the team to make looks like legit but in the next days will gone down and all the investors are losers.

to OP stop shilling here because if this comes scamming you and your friends will surely be blamed for advertising this scam.

To be listed at Coinmarketcap, they need to be listed at 2 exchanges or more. And they need to have a minimum volume of $ 50k per day. So we need to wait for some time so that they can meet these requirements, its price has increased too much and helped many investors to get profits, includes the bounty hunter

Does it mean it's al ok because they helped some opeople to get profit?

In other words some people made money on this scam and it doesn't make the scam any more legit!

All ponzis are liked by those who made money. The problem is that the majority will get scammed and this shouldn't be hidden. People should know what they're buying.

Looks like the price dipped a little bit but its still looking strong. I really wonder if this could possibly break 50 cents in a year or so.

Really? Did it do 100x ? That is huge and great, even in this period where and when bitcoin domination is high, then I think there could be some fundamental analysis behind it, do more research and you will see the reason,ALTs most times make huge movement when there is news.

ya, look at the creator twitter https://twitter.com/RichardHeartWin. It did over 100x from the low to the high and its only a few months in

Considering the total supply of HEX, I do not think it can. I just checked it and I found out that it is already plunging. Although it is happening gradually and I will not be surprised to see it plunge more, except there is no one holding a huge amount of tokens, that would want to dump at once.
However, it was good that the early bird and the bounty hunters profited from it.

Still is holding the price really well, not sure why so many are calling hex a scam. Maybe jealous because they missed out on the gains?

I don't know much about this project but I surely heard a lot about its massive price increase; it can be seen as hype or it can be seen as there is something different the team is doing which could entails the type of use case as well as working products they have. Whichever it is that is driving the token price I think the team did played their card well, however what matters is long growth and if the team will be able to maintain such. Lastly irrespective of the massive growth let due diligence be done especially for those who are thinking of holding for long.

if you mean the HEX is this HEX i think a lot of exchange to trade this alts
https://coinmarketcap.com/currencies/hex/markets
about scam or not i don't really know, because i never do a deep learn about this project

A lot of experts says there are unique features about the project but nonetheless, i believe there's a huge hype working for the project. I think the bitcoin community contributes greatly to the hype and price increase because it was airdropped freely for bitcoin holders

I Have read many many posts by some senior group members and traders that HEX is a scam project, So did not invest in this project in last month HEX get 10x value, But I think it was just pumped and maybe the seniors were right.

Many insisted that HEX is a scam but scam projects keeps proving people wrong, that's all I see in this space, it's all about making profits right? Who cares where the profit is from? Pump and dump projects or scam projects we care less, the problem for many is HEX is a complicated project to understand

Whatever makes any bullrun of any coins, correction is the only compulsory option. Here is the best example for those who want to hold, check the price now of these tokens. The Bear market isn't over yet, but Hex did an unexpected pump. Based on hype, only a few coins can do it. But here Hex is a good project. That's how Hex Tokens make these profits.

The interpretation about hex accusation has basis and people are just aware of it. Maybe it got pump but we cant change the fact that they have history right? I am not holder of hex tokens cause I did not participate on their campaign but lucky those who bravely promoted them in spite of knowing their negative side. They should have earned a lot from this. I just hope they did sell some at least cause Bitconnect is like the process how hex are right now. Dont jump if you are not ready to get scam.

I find HEX too risky for long term hold, if you want to take risk better prepare for a short term hold and get yourself a price tracker like blockfolio, I'm still surprised that HEX can pump this big, just be ready for the worst and use money that won't pain you if you lose it in the end.

I've done several research on hex over and over again because it's a very hard project to understand but I'm starting to think this coin is different, not a pump and dump coin and it will become more demanding in future, still a big risk investment but that's how I feel, when I have enough cash that I can risk I will definitely brake a shot

I think it is as a results of their teams effort. Hex was termed as nothing special and the Bounty was such a dry one, but neccesary hypes and major announcements plus key exchanges listing helped the project to a high token price on the Coinmarketcap and exchange platforms

Before they were listed at the exchange, this project was underestimated. A lot of people say this is a scam project and will not make bounty payments. But in the end, they still pay bounty and help many people get rich

Good marketing and good hype, plus a very complex system that looks like in theory it could do well,,, so that is their secret of success, especially because the minimum lock period to earn more IIRC is 366 days or something.

But when the dumping happens,,, I will definitely see what happens.

With massive marketing and partnership, cryptocurrencies usually rock to sky. I think the team is doing serious marketing of the project now. And now the holders are enjoying serious profits.