HEX Stoops to Another Low, Desperately Tries to Pump Price

[cheezcarls]

The cryptocurrency scam HEX is trying to lure people by claiming that users can double their money using the lowest possible values on the HEX/BTC pair. The shameless promotion has just reached a new low.

Earlier this month, BeInCrypto reported on a Bitcoin-linked investment scheme called HEX. The project promises high ROI and claims to be the first ‘high-interest blockchain certificate of deposit.’ Serial entrepreneur Richard Heart is behind the project and many have likened it to a Ponzi scheme.

Source link here

Well, well, well, it looks like Richard Heart is on a desperation mode!

During my meetup in Cebu City, one guy whom I having a beer with two foreigners promoting HEX with his referral link. However, one of them says that it's a scam, but the guy insist that HEX isn't. I cannot absorb most of what he said about the positives of HEX, but he just believed that it will "moon" in the next few years.

Some analysts claimed that HEX is operating a Ponzi scheme. Everyone is entitled to their opinion, even me of course. As of now, I haven't committed to him about getting into HEX because of the scam accusations against them.

What would be your reactions to this one guys? Thanks!

[sorrros]

A good example of how new coins are working in these days. Have you heard about BOMB? Similiar problem, good marketing, big hype, but no use case. So how you ensure the long term price stabillity?

[pixie85]

Hex is a worthless coin that is supposed to allow Heart to profit on his popularity. What is this guy famous for?

In his own words all he did was:
Invest in Bitcoin early
Try to popularize it
Hold it
Have a few good price calls

That's all he is a holder and a trader, and not even a very rich one. If this was all needed to push your own coin every youtube personality should try it. Oh wait Keiser and McAfee did try it!

[pakhitheboss]

HEX is a scam project for me. The concept itself looks more like a MLM based investment plan. Chances are very high that there will be an exit scam.

The token is sure shot to get dumped heavily. Stay away from such projects.

[knuckey]

HEX is a scam project for me. The concept itself looks more like a MLM based investment plan. Chances are very high that there will be an exit scam.

The token is sure shot to get dumped heavily. Stay away from such projects.

You are right, whoever he is, whatever his profession and how great or as expert as he is, if he offers investment and promises high ROI, then it is suspect. Especially if the investment is hanging MLM schemes, because it is definitely related to Ponzi and we must leave it.

[Febo]

HEX Stoops to Another Low

I dont know why so much surprise. What is given for free Bitcoin bag holders will be worth very little. There is no other option. Someone that gets 10000 HEX for free will sell it fro cents. Someone that mine Monero for $50 will think three times before sell it for $49.

[asder250]

Could someone explains to me why I should care about HEX? It is another ERC-20 token that promises you only high interest, nothing else. With high interest comes also big inflation and that will lead into future depreciation of the investment.

[pixie85]

HEX Stoops to Another Low

I dont know why so much surprise. What is given for free Bitcoin bag holders will be worth very little. There is no other option. Someone that gets 10000 HEX for free will sell it fro cents. Someone that mine Monero for $50 will think three times before sell it for $49.

That's not always the case. BCH was given for free and it still holds some value despite being a shitcoin.

XLM was distributed and is doing ok.

You're going to wish you were holding a bag of Bitcoins at 6k because that level may never return

Could someone explains to me why I should care about HEX? It is another ERC-20 token that promises you only high interest, nothing else. With high interest comes also big inflation and that will lead into future depreciation of the investment.

You shouldn't. This coin is alive only because it's marketed and some people think it's trendy.

[meanwords]

With criticisms like this, there's no way HEX would get out of this mess. Making false promises and trying to lure more investors in to their scams, look at where they are now, a valueless shit. Just another typical shitcoin in the market.

[fortunecrypto]

The cryptocurrency scam HEX is trying to lure people by claiming that users can double their money using the lowest possible values on the HEX/BTC pair. The shameless promotion has just reached a new low.

Earlier this month, BeInCrypto reported on a Bitcoin-linked investment scheme called HEX. The project promises high ROI and claims to be the first ‘high-interest blockchain certificate of deposit.’ Serial entrepreneur Richard Heart is behind the project and many have likened it to a Ponzi scheme.

Source link here

Well, well, well, it looks like Richard Heart is on a desperation mode!

During my meetup in Cebu City, one guy whom I having a beer with two foreigners promoting HEX with his referral link. However, one of them says that it's a scam, but the guy insist that HEX isn't. I cannot absorb most of what he said about the positives of HEX, but he just believed that it will "moon" in the next few years.

Some analysts claimed that HEX is operating a Ponzi scheme. Everyone is entitled to their opinion, even me of course. As of now, I haven't committed to him about getting into HEX because of the scam accusations against them.

What would be your reactions to this one guys? Thanks!

I remember one guy trying to launch a signature campaign to generate referrals and it's paying a high bounty, glad that the community caught him cheating because it's a fake promotion, people will try to do anything just to promote this Ponzi scheme, when it looks and sounds a Ponzi scheme it's indeed a Ponzi scheme.

[joshua123]

I think most exchange tricks are the same even with the past. Im nt so sure HEX can reverse this issue when alreadt being caught. The problem with most exchange right now are those false hope promises but the truth is they just using these marketing strategy to lure some newbies that can easily attracted with the said package.

[Teraboy]

Could someone explains to me why I should care about HEX? It is another ERC-20 token that promises you only high interest, nothing else. With high interest comes also big inflation and that will lead into future depreciation of the investment.

i could not even explain about that because that's is your decision. There is no point for OP to mention hex as it has already accused by so many people if that was a ponzi scheme that already created by scammers and so many people have very well known about that.

[Aabcde]

Nowadays a lot of new tokens or coins appear without a solid foundation. The point is the vision and mission of the project.
If the admin, the developer only promises profits, next month prices rise, assets will increase next year, and so on. It is certain they are Ponzi, in my opinion.
Because real crypto is definitely talking updates and updates for real use cases, not rising prices.
If there are those who still believe in HEX, I think this is stupid lol

[Wexlike]

With criticisms like this, there's no way HEX would get out of this mess. Making false promises and trying to lure more investors in to their scams, look at where they are now, a valueless shit. Just another typical shitcoin in the market.

It was an obvious scam from a mile away. I just hoped to make some more money by signing messages and abusing the referal bullshit. The fork cashcow days are over for good apparently.

[RussiaUkraineTranslation]

Nowadays a lot of new tokens or coins appear without a solid foundation. The point is the vision and mission of the project.
If the admin, the developer only promises profits, next month prices rise, assets will increase next year, and so on. It is certain they are Ponzi, in my opinion.
Because real crypto is definitely talking updates and updates for real use cases, not rising prices.
If there are those who still believe in HEX, I think this is stupid lol

HEX still has a large following and early investors got 10000x returns. Besides that, most people who got into HEX early just claimed it using their BTC. They didn't have to buy anything. The same is true for MAXX finance, only this time HEX, ETH, and MATIC holders can claim MAXX. HEX paid out rewards based only on inflation and withdrawal fees, long term this is not sustainable. MAXX receives revenue from a suite of DApps, validator nodes, and token transaction fees and offers fixed yield.