Thinking of joining the HEX campaign? Think again.

[nutildah]

Richard doesnt like what people say about HEX here on bitcointalk so he decided to buy that support with money.  Hhampuz just started Hex signature campaign and many others are joining the campaign. Some of them even said in this topic that Hex is ponzi, but when they saw payrate and who is managing it, they changed their mind. What is next, BSV signature campaign?

Well, I don't think Hhampuz would take this campaign if he hadn't already received funds to pay campaign participants. So while I'm not exactly happy to see such a wanton moneygrab being advertised via signature on the forum, at least there is a quality control element that only Hhampuz and a select handful of others can provide.

[The Sceptical Chymist]

In summary, it's pretty much just a get rich scheme to enrich the founder.

Aren't all alt coins? Can't say I've heard of this one though or think I've seen their signatures.

Eh, maybe.  The quickest example that comes to mind is Dash, but I have to say that some altcoins would work much better as a method to buy and sell things than good ol' bitcoin, whether they were made to enrich the devs or not--so they're not all useless or worthless IMO.

I've never heard of this Hex thing either, and since I have signatures blocked I haven't seen any advertising from its campaigners.

So while I'm not exactly happy to see such a wanton moneygrab being advertised via signature on the forum, at least there is a quality control element that only Hhampuz and a select handful of others can provide.

I agree, and I've also voiced my opinion that the campaign manager shouldn't be held responsible if the project turns out to be a scam.  And it's not like this would be the first signature campaign that's advertised something shady--we've had plenty of that over the years involving a number of campaign managers (or the absence of one in the case of Secondstrade and the first Yobit campaign).

[Furious 7]

So while I'm not exactly happy to see such a wanton moneygrab being advertised via signature on the forum, at least there is a quality control element that only Hhampuz and a select handful of others can provide.

I agree, and I've also voiced my opinion that the campaign manager shouldn't be held responsible if the project turns out to be a scam.  And it's not like this would be the first signature campaign that's advertised something shady--we've had plenty of that over the years involving a number of campaign managers (or the absence of one in the case of Secondstrade and the first Yobit campaign).

But this is at least a guarantee that participants who take part in this campaign will be paid in full in the first week, and I think this will only run for 1 week according to what Hhampuz said, it's true Hex only buys votes from bitcointalk with high payrates so that it can To divert the issue at issue here, Hex is still controversial in my opinion because it says the Ponzi scheme is right by providing high annual rewards.

[nutildah]

Hex is still controversial in my opinion because it says the Ponzi scheme is right by providing high annual rewards.

After having read the HEX "layman's guide," there's a couple different ways to approach defining what HEX is:

1. HEX is not a Ponzi scheme as it will always pay out what the terms of staking dictate (whereas Ponzis always eventually collapse and stop paying). It's also not a MLM per se as it only has 1 level of referrals.

2. HEX is a Ponzi scheme because it requires an ever-increasing influx of new users in order to keep the price growing, or just stable. Those already in will constantly try to recruit new holders to prop the price up.

If you choose to go with #2, well then you have to account for the fact that most (if not all) cryptocurrencies are at least somewhat inflationary and require word-of-mouth in order to attract new investors (aka, people to sell your bags to).

The difference between HEX and most other cryptos is that HEX does not purport to do anything other than go up in value. It has no plans to be a means of currency; after all, Ethereum already does that, and if people want a currency they would just use ETH as they need it to transact HEX (an ETH token) anyway.

Final assessment: HEX is a worthless shit token led by a douchebag, but it is not a scam.

[cryptoaddictchie]

I see many participants wear HEX signature and don't see any tags on them. Only BountyDetective was tagged. Is the campaign accepted by scam detectives? For participants, a neutral tag can be considered.

Probably the situation is pretty much change now. When those under the bounty detectives campaign these guys could be tagged for promoting a scam one. But since there is a campaign launch via service section, does it mean there is no conflict anymore?

Bit agree with nutildah in this statement.

Final assessment: HEX is a worthless shit token led by a douchebag, but it is not a scam.

Hex maybe sounded like a scam maybe in the inside and concept but people might misinterpret shitcoin from it. There are plenty of projects like this out there. If its indeed scam I dont think they could last up to now.

[rat03gopoh]

What is next, BSV signature campaign?

Hahha, maybe. I hope it would be managed by theymos, I'll consider joining. And opponents wouldn't talk about it much.

But I wouldn't cynical anyone who joins the HEX campaign, this kind of phenomenon has existed before (I don't need to mention, y'all already know ). I also don't wanna make sure that I won't join a campaign I hated before one day. After all, I haven't come across any HEX victims who've reported losing money so far on this forum. Hex is only trying once again to make a good image with prestigious campaing, but it will still be determined by people's judgment.

[$crypto$]

What is next, BSV signature campaign?

Hahha, maybe. I hope it would be managed by theymos, I'll consider joining. And opponents wouldn't talk about it much.

But I wouldn't cynical anyone who joins the HEX campaign, this kind of phenomenon has existed before (I don't need to mention, y'all already know ). I also don't wanna make sure that I won't join a campaign I hated before one day. After all, I haven't come across any HEX victims who've reported losing money so far on this forum. Hex is only trying once again to make a good image with prestigious campaing, but it will still be determined by people's judgment.

It is true that there have been no victims so far, it means that HEX is still proving to its fans that it continues to make good profits. This is not my purchase, but as far as I know, a lot of news is only from articles, do you believe in this forum or from articles?

Let them with the freedom of choice participate in the campaign if they don't like it and know for sure they won't.
I know the HEX price increases so high in such a short time.

[DaveF]

Looks like some the original money put in has been unlocked.

11:30 AM EST on 17-Nov



2:00 PM EST on 17-Nov



I think more and more is going to be coming out of stakes in the next few days too.
Going to be an interesting drop to the bottom.

Is it going straight down or will there be a bounce?

-Dave

[Yogee]

....I think more and more is going to be coming out of stakes in the next few days too.
Going to be an interesting drop to the bottom.

Is it going straight down or will there be a bounce?

It bounced back a little. It's currently at -14.5% looking at the data on Coingecko.
I actually looked if it's on CMC's top 30 biggest losers before checking the price but it wasn't there hehe.

You will probably get tons of "constructive" response if you post this in the altcoin speculation https://bitcointalk.org/index.php?board=224.0

[hex.com]

So many gains this year and the haters continue to hate. When will they ever learn? 5 cents? 10 cents? 50 cents? $1?

Imagine being such a bitcoin maxi that you miss out the biggest gains of your life.

Hex has so many layers of complexity and game theory that your simple minds can't understand how revolutionary it is for cryptocurrency.

Hex has two security audits while bitcoin has had zero. Bitcoin has had TWO INFLATION bugs and luckily a bitcoin cash developer disclosed the 2nd one. Instead of paying miners to dump on your heads HEX pays stakers who don't dump on everyones heads.

[DaveF]

....I think more and more is going to be coming out of stakes in the next few days too.
Going to be an interesting drop to the bottom.

Is it going straight down or will there be a bounce?

It bounced back a little. It's currently at -14.5% looking at the data on Coingecko.
I actually looked if it's on CMC's top 30 biggest losers before checking the price but it wasn't there hehe.

You will probably get tons of "constructive" response if you post this in the altcoin speculation https://bitcointalk.org/index.php?board=224.0

And the 1st airdrop people were able to sell about an hour ago.



There is another release tomorrow the "big pay day" or something like that. At a guess that is going to kill the price even more.

Anybody want to bet how soon we are at .000xxx usd instead of .00xxxx usd.

At a guess a lot of the airdrop people had their coins released today. Some gamblers kept them till tomorrow for the big pay day.

Wonder if they will win or not.

-Dave

[DaveF]

And 24 hours later......



Rough numbers .003123 * 1.4 = .004372
So unless you got a 40% bonus for keeping it for the big pay day you took a loss.
No idea what the number is / was. Can anyone chime in?


MY view:
Look out below.
I see a dead cat bounce incoming. Followed by a flatline.

Might be wrong, but I don't see it recovering.

-Dave

edit: between the time I took the screen shot of the price, typed the post and hit post it went even lower:

[forum user forum]

Imagine being that retarded, bitcoin has had many 80%+ dips. Hex has just ended its launch phase. Watch it over the next year, it will out gain everything in crypto.

[suchmoon]

Imagine being that retarded, bitcoin has had many 80%+ dips. Hex has just ended its launch phase. Watch it over the next year, it will out gain everything in crypto.

Right, exactly like Bitcoin, except that it's a laughable "staking" token with no use case. Like Bitconnect but more stupid.

[aioc]

Final assessment: HEX is a worthless shit token led by a douchebag, but it is not a scam.

It's a matter of time, before investors realize this, they should be hurry to sense that it is going worthless so they can get out in profit, the developer is good in making hype on this project, I also don't believe it's a scam, it's more of a pump and dump coin, well anyway awareness while holding a pump and dump coin will save you from being a bag holder, be quick to get out at the right time.

[DaveF]

But wait.....There's more..... https://axion.network/

Looks like they took a snapshot of Hex, and made a fork with the same concept.

Ah, well I guess there will always be people who like giving their money away.
Anyone want to buy some Dave tokens? I promise they will be worth something sooner or later.

-Dave

[nutildah]

Down to 22 sats today, after bouncing up a bit from 17. If you got in on this when it was at 1-3 sats then you are still doing pretty well. However, that was way back when, and looking at the volume I'm willing to bet most people are sitting on a loss. A lot of people got in at 3 sats but even more got in between 30 and 100.

This was kind of an interesting read but I can't verify the truthfulness of its claims:

https://www.reddit.com/r/CryptoCurrency/comments/jx5nuz/how_richard_heart_tricked_and_deceived_people/

[hex.com]

Many people basically call everything that isn't bitcoin a scam. I heard similar FUD when ethereum launched, "omg don't send your valuable bitcoin for premined scam coin"

What essentially happened over the last 2 days was like a stock split. Unit price dropped as launch phase coins were distributed. And throw in the shortsighted bitcoin freeclaimers that just dump immediately you get a strong dip. 80% dips are common and happen to EVERY CRYPTOCURRENCY.

Censorship resistance with centralized ownership, sorry but thats just how crypto and valuable businesses are in the real world. Founders own majority in Ripple, Ethereum, etc. Majority of Bitcoin is owned by a very small amount of addresses. Do you hear people crying that Jeff Bezos owns the most Amazon Stock?

You guys are in for a shock as hex will continue to rise in the future.





great points:
"Started the defi/uniswap movement.
Has ethereum Genesis whales participating in it
First blockchain Certificate of Deposit on the blockchain (Trillions of dollars locked in CDs in the real world)
Has been gatekept all year long yet continues to chug along with no hiccups while all the other defi projects rugpull
has by far the best community in crypto: t.me/hexcrypto
Launch phase was a year long and literally just finished
Over $5billion dollars of bitcoin have claimed their hex over the launch phase"

Imagine being that retarded, bitcoin has had many 80%+ dips. Hex has just ended its launch phase. Watch it over the next year, it will out gain everything in crypto.

Right, exactly like Bitcoin, except that it's a laughable "staking" token with no use case. Like Bitconnect but more stupid.

I think you are a legit retard or just another brainwashed bitcoin maxi. Bitcoin has no use case either, Its basically just number go up. All crypto is just speculation and the only thing people care about is the price. Its not just "staking" , Its the first certificate of deposit on the blockchain, Do some research and see how many Trillions of Dollars are in CDs in the real world.

[suchmoon]

I think you are a legit retard or just another brainwashed bitcoin maxi. Bitcoin has no use case either, Its basically just number go up. All crypto is just speculation and the only thing people care about is the price. Its not just "staking" , Its the first certificate of deposit on the blockchain, Do some research and see how many Trillions of Dollars are in CDs in the real world.

Yeah bullshit. "Bitcoin has no use case" LOL. It had use cases long before scammers like Richard Heart showed up to separate idiots from their bitcoins. Even ETH has some use cases, e.g. serving as a platform for stupid shit like HEX. USD CDs have a purpose too.

HEX exists purely to dupe morons into pumping it.

[allyouracid]

Technically speaking, by established norms for determining such, HEX is not a scam. It is, however, a giant shit token, and this picture is all you need to know about what it does.

I'd say it depends a bit on how you define "scam". At the very least, it's shady as hell. They have (or had? I've read about this when HEX was still relatively new, and I don't know if things have changed, since then) this copy function in the smart contract, which gives:

• "someone" (wink wink) an identical copy of the HEX tokens someone "minted" (I don't know how to call it)
• and of course the ETH paid for the HEX tokens also goes to that "someone"

It is an ingenious money printing machine for the creators, i.e. Richard J. Schueler ("Richard Heart"). People need to decide for themselves if they want to help spread something like this. I, personally, wouldn't.