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Author Topic: HEX is your last chance at a 10000x crypto.  (Read 2120 times)
fred1111
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March 29, 2021, 11:08:57 AM
 #141

Utility and coin market cap are different things, just look at stablecoins or Monero. They are arguably more useful than Bitcoin. Hex is designed to surpass bitcoin, using staking to limit sell pressure. It's all about game theory, not utility.

People buy crypto only to see their number go up, even when they claim it's utility/technology/revolution etc...
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March 29, 2021, 08:56:35 PM
 #142

Utility and coin market cap are different things, just look at stablecoins or Monero. They are arguably more useful than Bitcoin. Hex is designed to surpass bitcoin, using staking to limit sell pressure. It's all about game theory, not utility.

People buy crypto only to see their number go up, even when they claim it's utility/technology/revolution etc...

You're dead wrong about that. Crypto attracts all kinds of people. Millions of people actually use it to better their daily lives. Others use it sometimes and invest/trade sometimes, and then some only buy with the intent of offloading it at a higher price. There's nothing wrong with that per se, but it is the extreme, unrealistic profit-chasing end of that demographic that is attracted to projects like HEX. So in that way it becomes a self-fulfilling Ponzi prophecy.

Testament to what I'm talking about:



Rather than write me off as a hater, prove me wrong. What else is HEX used for besides hoping number goes up?

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bird flyin (OP)
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March 30, 2021, 12:59:38 AM
 #143

Bitcoin is not even meant to be used. If it was meant to be used for transactions the devs would of increased the blocksize. You literally have BTC devs telling people to use visa for transactions. BTC is just number go up, that is why vast majority of people buy crypto. The best usecase is store of value. HEX is the first certificate of deposit on the blockchain. There are trillions of dollars locked in CDs in regular finance. Bitcoin inflation is paid to miners that dump the price to pay electricity bills while hex inflation is paid to people that lock up their coins.

Nutildah you should watch some of Richard's livestreams to get a better grasp on what hex truly is. https://www.youtube.com/c/RichardHeart/videos
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March 30, 2021, 02:34:57 AM
 #144

Bitcoin is not even meant to be used.

This is incorrect. Even in the title of the bitcoin white paper are the words "A Peer-to-Peer Electronic Cash System." That is what Bitcoin is meant to be about. Technically speaking, Lightning transactions are more "peer-to-peer" than on-chain transactions, but that's besides the point.

If it was meant to be used for transactions the devs would of increased the blocksize.

People are using it for transactions; so much to the point that there is usually a premium to get a tx into the next block (not always though -- right now for instance it costs 25 sat/byte as cheapest/fastest, which is reasonable, not ideal).

The devs didn't increase the blocksize because the want it as easy and practical as possible for anyone to run their own node. They have also encouraged innovation by not just taking the obvious, brutish route.

BTC is just number go up, that is why vast majority of people buy crypto.

Well, you keep repeating this but you don't actually have any data to back it. The reason why any asset goes up in price is because it possesses inherent, fundamental value. Sometimes people get duped into buying something with no value, like with Bitconnect, but scams have been around for just as long as finance.

Personally speaking, cryptocurrency has transformed my life, and not just because "number go up" (though it certainly never hurts). It's because I can use it to transform the way I conduct my personal finances, send money, purchase goods and services, make investments, etc. Regardless of whether it sounds cliche, its all true.

What you are peddling is pessimism of the industry, and you can't be shaken from your belief that everyone thinks the same pessimistic way about crypto that Richard has taught you to believe. Well, not everyone believes that, and there's a multi-billion dollar industry springing up around the transformative benefits provided by Bitcoin, startups worldwide figuring out how to accrue profits while saving their customers money in the process.

If a coin's fundamental value admittedly relies on its ability to go up in price, what happens to that value if the price of the coin goes down?

HEX is the first certificate of deposit on the blockchain.

What does that mean exactly? "Certificate of deposit"? Isn't every crypto deposit certified by a timestamp on the blockchain?

There are trillions of dollars locked in CDs in regular finance. Bitcoin inflation is paid to miners that dump the price to pay electricity bills while hex inflation is paid to people that lock up their coins.

Right, you're describing Proof of Work vs. Proof of Stake.

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fred1111
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March 30, 2021, 10:23:02 AM
Last edit: March 30, 2021, 07:40:18 PM by fred1111
 #145

Right, you're describing Proof of Work vs. Proof of Stake.
Hex is not proof of stake nor proof of work. Transactions are recorded on on the Ethereum blockchain (itself currently proof of work).
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March 30, 2021, 09:45:33 PM
 #146

Right, you're describing Proof of Work vs. Proof of Stake.
Hex is not proof of stake nor proof of work. Transactions are recorded on on the Ethereum blockchain (itself currently proof of work).

It's a token that emulates Proof of Stake rewards via Ethereum smart contract.

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bird flyin (OP)
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April 04, 2021, 02:23:16 PM
 #147

HEX ad in the economist: https://twitter.com/HEXcrypto/status/1377939707292749825
Bitstar_coin
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April 04, 2021, 03:52:50 PM
 #148

Utility and coin market cap are different things, just look at stablecoins or Monero. They are arguably more useful than Bitcoin. Hex is designed to surpass bitcoin, using staking to limit sell pressure. It's all about game theory, not utility.

People buy crypto only to see their number go up, even when they claim it's utility/technology/revolution etc...

As much as I agree with you about people caring more about numbers going up, utility also plays an important role for numbers to go up except that project is design only for pump and dump,
Nowadays people are more into project with utility which is the driving force of the price.

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wxxyrqa
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April 04, 2021, 06:34:45 PM
 #149

Of course, I am not a serious specialist and I will not prove my point of view, but the discussion did not force me to accept one of the sides of this dispute. One way or another, I bought HEX even earlier at a low price for a small amount and they do not burden me. Therefore, let's see what these coins can bring us in the future.

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April 05, 2021, 04:55:45 PM
 #150

Here is an excellent video about the next wave of HEX. Accumulaion has been going on last few months and its ready for the next parabolic rise similar to what ethereum did in the past.

https://www.youtube.com/watch?v=T90ShgnxS_g
fred1111
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April 10, 2021, 06:46:36 AM
 #151

Of course, I am not a serious specialist and I will not prove my point of view, but the discussion did not force me to accept one of the sides of this dispute. One way or another, I bought HEX even earlier at a low price for a small amount and they do not burden me. Therefore, let's see what these coins can bring us in the future.
Did you stake your HEX? That would give you higher gains in a few years.
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April 10, 2021, 08:02:06 AM
 #152

Last two months I sell HEX coin more than 116k received from bounty campaign with lower price above 0.01$ and now very disappointed because HEX have success raise above $0.02 and more, I have chance to buy back when HEX still lower price but I miss great opportunity and keep looking for with other coin, I think most profitable for every one make HEX coin as staking because get much profit from stake and price up.

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HaekalZ
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April 10, 2021, 03:47:39 PM
 #153

never heard of HEX before, but after i read this post, i already did some research about it. i think HEX is a really good coin and very promising, as per today, the price of HEX itself is already reach $0.02093 in rank 202, such a quite great accomplishment from this coin, i think in near future, HEX will get into top 100 and will go to $1 in two next months.
 

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fred1111
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May 04, 2021, 04:01:18 PM
 #154

Why is hex pumping?
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May 04, 2021, 10:37:04 PM
 #155

HEX is really amazing, one of the best crypto investments besides DOGE is HEX,
maybe HEX will be the next doge in my opinion, look even though a lot of altcoins are down today,
while HEX and DOGE are very similar, yeah they both went high, lucky if you are already collecting HEX at low prices.

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May 10, 2021, 11:38:28 AM
 #156

Just as predicted, hex is on its way to 10 cents and then the ride to $1 happens. If your getting into hex you are still very early, it is still gatekept hard by coinranking sites such as coingecko and coinmarketcap.
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May 10, 2021, 12:39:49 PM
 #157

Its interesting, so basically HEX is a tools to deposit your wealth and the longer you lock it the longer you will earn?
But im curious, where the interest funds came from?

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bird flyin (OP)
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May 10, 2021, 07:35:24 PM
 #158

Its interesting, so basically HEX is a tools to deposit your wealth and the longer you lock it the longer you will earn?
But im curious, where the interest funds came from?

In bitcoin inflation is paid to miners that dump their btc to pay electricity bills. In hex the inflation is paid to stakers that lock up their coins, they don't need to dump to pay for electricity.
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May 10, 2021, 09:23:52 PM
 #159

Its interesting, so basically HEX is a tools to deposit your wealth and the longer you lock it the longer you will earn?
But im curious, where the interest funds came from?

In bitcoin inflation is paid to miners that dump their btc to pay electricity bills. In hex the inflation is paid to stakers that lock up their coins, they don't need to dump to pay for electricity.

Did you know that HEX is an Ethereum token, which is proof of work?

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fred1111
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May 11, 2021, 04:21:56 PM
 #160

Its interesting, so basically HEX is a tools to deposit your wealth and the longer you lock it the longer you will earn?
But im curious, where the interest funds came from?

In bitcoin inflation is paid to miners that dump their btc to pay electricity bills. In hex the inflation is paid to stakers that lock up their coins, they don't need to dump to pay for electricity.

Did you know that HEX is an Ethereum token, which is proof of work?
Currently yes, but then there's eth 2.0 which hopefully will make staking lower amounts viable by reducing fees. This, or the upcoming fork of Ethereum addressing this (PulseChain).
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