con4n007
Member
 Offline
Activity: 168
Merit: 10
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January 26, 2018, 02:04:12 PM |
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They don't need any "money" all they do in the lending program is taking a certain amount of Hextra coins and giving you back a certain amount of hextracoins later which is smaller when the price increases that's why they pull it up
They wouldnt need money, if we were on an external. But since its internal, the cashout is from their exchange. smartcrypto is correct Hextra has premined HXTs and they pay loans with them. No need for bitcoin. They keep the value of HXT artificially high so they don´t have to pay too many HXT to lenders... But when you withdraw BTC, where does it come from? It comes from Hextra's wallet. Since you sell your HXT to other investors, not HXT, the BTC you received is the BTC deposited by other new investors. The point is, its money in their hands, that they dont want to give to you. If they put us on an external, we can just sell to others, and they wont have to give us money out of their pockets. have a feeling they are waiting for the BTC to goes up again then everything will be back to normal. |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Tmdz
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January 28, 2018, 08:11:13 AM |
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in may 2018 i will be rich... if hextra still commit and still alive...  I will be selling all my coins ASAP This doesnt look promising at all. No point in lending if you cant enjoy the interest. This is up to you. When you get into the Lending you should realize the specific and risks of this business segment. Good luck selling, the back log of orders is so massive you will never successfully execute a trade. There is very little volume, sometime an hour between trades and the 24h volume they state is a lie. Dashboard money is not money in your pocket, so as it is this platform is dead. Do not invest. |
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ilic
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January 28, 2018, 10:19:39 AM |
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so looks like this is going the way of Bitconnect and EthConnect?
ahh, the run was good while it lasted with all these platforms guys. cut your losses and move on
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con4n007
Member
Offline
Activity: 168
Merit: 10
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January 28, 2018, 10:40:38 AM |
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Most lending coins are dead because of the dumpers.
The coins supply keep increasing day by day though...
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Levontres
Full Member
Offline
Activity: 252
Merit: 100
THE DECENTRALIZED BETTING EXCHANG
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January 28, 2018, 11:09:55 AM |
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HextraCoin very good , I see the successful future of this project, it has great potential!
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ilic
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January 28, 2018, 11:13:23 AM |
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HextraCoin very good , I see the successful future of this project, it has great potential!
for realz? i see very little. If i could flog off all my HXT for 0.01BTC right now I would take it! |
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Smarttcrypto
Newbie
Offline
Activity: 20
Merit: 0
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January 28, 2018, 11:47:18 AM |
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They don't need any "money" all they do in the lending program is taking a certain amount of Hextra coins and giving you back a certain amount of hextracoins later which is smaller when the price increases that's why they pull it up
They wouldnt need money, if we were on an external. But since its internal, the cashout is from their exchange. smartcrypto is correct Hextra has premined HXTs and they pay loans with them. No need for bitcoin. They keep the value of HXT artificially high so they don´t have to pay too many HXT to lenders... But when you withdraw BTC, where does it come from? It comes from Hextra's wallet. Since you sell your HXT to other investors, not HXT, the BTC you received is the BTC deposited by other new investors. The point is, its money in their hands, that they dont want to give to you. If they put us on an external, we can just sell to others, and they wont have to give us money out of their pockets. They don't give you their money. They just take your Hextracoins to lend them and give you hextra coins back when they return the money. If youdon't understand how the system works I recommend watching this video, that explains it pretty well https://www.youtube.com/watch?v=muSw1pFTaiY |
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Daniko7
Full Member
Offline
Activity: 424
Merit: 106
https://Newrewardcoins.com
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January 28, 2018, 12:24:37 PM |
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HextraCoin very good , I see the successful future of this project, it has great potential!
for realz? i see very little. If i could flog off all my HXT for 0.01BTC right now I would take it! Why? Currently you can sell your coins on the internal exchange and withdraw you money? Or does it not work? |
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andre1980
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January 28, 2018, 12:56:43 PM |
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HextraCoin very good , I see the successful future of this project, it has great potential!
for realz? i see very little. If i could flog off all my HXT for 0.01BTC right now I would take it! Why? Currently you can sell your coins on the internal exchange and withdraw you money? Or does it not work? No, you can't sell your coins and most can't withdraw. On the latter there are unconfirmed stories some withdrawals do come through. The problem is: most investors have no BTC there so need to sell HXT first: that is broken becayse of the fixed price. No one is selling, as the buy/sell rate is about the same. So all coins are as expensive as the other. The only way it would work is if there is a big enough gap between the two. As you can't sell, you can't withdraw either as you get no coin.. |
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kenmasters34
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January 28, 2018, 03:39:52 PM |
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They don't need any "money" all they do in the lending program is taking a certain amount of Hextra coins and giving you back a certain amount of hextracoins later which is smaller when the price increases that's why they pull it up
They wouldnt need money, if we were on an external. But since its internal, the cashout is from their exchange. smartcrypto is correct Hextra has premined HXTs and they pay loans with them. No need for bitcoin. They keep the value of HXT artificially high so they don´t have to pay too many HXT to lenders... But when you withdraw BTC, where does it come from? It comes from Hextra's wallet. Since you sell your HXT to other investors, not HXT, the BTC you received is the BTC deposited by other new investors. The point is, its money in their hands, that they dont want to give to you. If they put us on an external, we can just sell to others, and they wont have to give us money out of their pockets. They don't give you their money. They just take your Hextracoins to lend them and give you hextra coins back when they return the money. If youdon't understand how the system works I recommend watching this video, that explains it pretty well https://www.youtube.com/watch?v=muSw1pFTaiYCome on man. Keep the thought train going. Hextra give you Hextra coins, then what happens.... you sell them. If you can sell them, you with draw BTC.... where does that BtC come from? |
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Susan81
Newbie
Offline
Activity: 8
Merit: 0
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January 29, 2018, 02:46:51 AM |
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I invested in hextra from 1/1/18 then it closed maintenance and then I wait until today have not received any money from it.I should put faith in it anymore you
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con4n007
Member
Offline
Activity: 168
Merit: 10
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January 29, 2018, 04:05:06 AM |
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I invested in hextra from 1/1/18 then it closed maintenance and then I wait until today have not received any money from it.I should put faith in it anymore you
Should have read the news before putting any money in lending platforms |
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Beatridge
Newbie
Offline
Activity: 80
Merit: 0
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January 29, 2018, 12:13:48 PM |
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I'm interested in Hextra Coin’s membership model. Where can I find more info about it?
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Smarttcrypto
Newbie
Offline
Activity: 20
Merit: 0
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January 29, 2018, 03:56:36 PM |
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They don't need any "money" all they do in the lending program is taking a certain amount of Hextra coins and giving you back a certain amount of hextracoins later which is smaller when the price increases that's why they pull it up
They wouldnt need money, if we were on an external. But since its internal, the cashout is from their exchange. smartcrypto is correct Hextra has premined HXTs and they pay loans with them. No need for bitcoin. They keep the value of HXT artificially high so they don´t have to pay too many HXT to lenders... But when you withdraw BTC, where does it come from? It comes from Hextra's wallet. Since you sell your HXT to other investors, not HXT, the BTC you received is the BTC deposited by other new investors. The point is, its money in their hands, that they dont want to give to you. If they put us on an external, we can just sell to others, and they wont have to give us money out of their pockets. They don't give you their money. They just take your Hextracoins to lend them and give you hextra coins back when they return the money. If youdon't understand how the system works I recommend watching this video, that explains it pretty well https://www.youtube.com/watch?v=muSw1pFTaiYCome on man. Keep the thought train going. Hextra give you Hextra coins, then what happens.... you sell them. If you can sell them, you with draw BTC.... where does that BtC come from? The BTC comes from the new investor that bought them from you at the exchange. If Hextra would buy them people would be able to sell which they aren't at the moment because nobody is willing to invest in the platform at the prices they dictate right now |
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phieudu0502
Member
Offline
Activity: 257
Merit: 10
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January 29, 2018, 04:19:42 PM |
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This project looks like Bitcoinconnect, the lending model. I have the bad feeling, especially there are a great deal of asian.
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ftguy
Member
Offline
Activity: 122
Merit: 10
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January 29, 2018, 04:53:47 PM |
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I do confirm , you cannot sell your HXT in the internal exchange (your order will seat there with all the others and get canceled eventually all at once) and I also do confirm that if you had previous BTC earned before from interest, if you try to withdraw you will get a fake TXID and nothing else and your money is gone, atm this is a money trap, they used to pay but it was last year.
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snowyNNN
Sr. Member
Offline
Activity: 422
Merit: 251
Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo
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January 29, 2018, 05:13:40 PM |
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I do confirm , you cannot sell your HXT in the internal exchange (your order will seat there with all the others and get canceled eventually all at once) and I also do confirm that if you had previous BTC earned before from interest, if you try to withdraw you will get a fake TXID and nothing else and your money is gone, atm this is a money trap, they used to pay but it was last year.
Did you withdraw BTC and that happened? |
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con4n007
Member
Offline
Activity: 168
Merit: 10
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January 29, 2018, 06:43:09 PM |
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Weird
On some hextra group people say they can withdraw btc, it takes a while
The only problem is selling the hxt into btc
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RuslanT
Newbie
Offline
Activity: 6
Merit: 0
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January 29, 2018, 07:39:12 PM |
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HEXTRA Admins! Please give the answer for your invstors about your plans! We are worrying about you.
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