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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/15/21 at 4:12 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10449 posts
Posted on 9/15/21 at 4:12 pm to
Hex is a bond as stated above. Stop thinking of it in stock terms. A better analogy would be US Treasury notes.

A 10 year T note pays 1.3% interest. Billions upon billions of $ flock into these s*** notes. The USD has lost 5.2% of it's value the past year. Hex is the same thing except is inflationary when bought vs deflationary. If people are idiotic enough to lose 3.9% of their money on a year to year basis with T notes, you don't see the appeal of a 40% interest inflationary T note? Hex could lose half it's value each year and you still break out even.

Hex is a genius idea. I realize it's a concept that is hard to grasp, but if you do your diligence on it, it's an amazing investment to add to nearly any portfolio.
Posted by METAL
Member since Nov 2020
1045 posts
Posted on 9/15/21 at 4:37 pm to
Is there a link somewhere that shows the payout per T share per day since it all started?
Posted by FnTigers
Member since Sep 2021
1471 posts
Posted on 9/15/21 at 4:41 pm to
Posted by SuddenJerk
Member since Oct 2017
729 posts
Posted on 9/15/21 at 4:45 pm to
If you do twatter you can follow Hex WhaleBot @whalehex
Posted by Lickitty Split
Inside
Member since Apr 2017
3916 posts
Posted on 9/15/21 at 6:57 pm to
Not an enemy here
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 7:14 pm to
It’s genius for Richard. He coded in the OA to own half of it on the way in and on the way out.

You guys should be worried about his comments on the SEC. it’s almost as if it’s on purpose so when they come, he can blame the SEC for when he dumps.
Posted by FnTigers
Member since Sep 2021
1471 posts
Posted on 9/15/21 at 7:46 pm to
It's absolutely genius. You have a choice to invest in what you like.

The fact that you think Richard will dump on everyone's head tells me how much you really know. No need to keep shitting up the thread because you we know you aren't really interested.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 7:58 pm to
It’s not about me thinking he will or won’t. It’s that he has the chance. 1 guy has the chance to smoke you.

That is the point.
Posted by Chuckiee
Member since Jan 2007
2505 posts
Posted on 9/15/21 at 8:04 pm to
If he does, I’ll be the first to come back and eat crow. In the meantime, I’m going to continue to invest in a product I believe in and has done very well for me and one that I expect to continue to do well for me. I hope you will come back down the road and admit you were wrong if it indeed happens
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 8:05 pm to
And that’s fine. I think people have a right to know the full details. Not the marketing material.


Your money. Do want you want.
Posted by FnTigers
Member since Sep 2021
1471 posts
Posted on 9/15/21 at 8:10 pm to
quote:

And that’s fine. I think people have a right to know the full details. Not the marketing material.
I've been 100% open about everything in this thread, including correcting someone earlier about the OA having 45%. I said no, it's way more. Nothing to hide. Yes, it's my money. I know the risks of all my investments and I proceed accordingly.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 9/15/21 at 9:20 pm to
quote:

If you go back and read what I said, this is supposedly a currency. If it’s a currency then it should be able to purchase something. No one has provided me one thing it can purchase.

OP said it is a CD, he didn't say it is a currency.
Posted by LSUJuice
Back in Houston
Member since Apr 2004
17692 posts
Posted on 9/15/21 at 9:22 pm to
Why has the daily hex payout per t-share been flat? And why is 5.7-5.9 the magic number?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 9/15/21 at 9:24 pm to
quote:

1) Gold stores value and can be exchanged to purchase things.

Gold stores value because people say it is valuable, no other reason. It is a shiny rock. You can't really exchange it for things unless someone is bartering, which can also be done with any crypto coin.

quote:

2) Stocks or funds can increase in value as their profits increase and/or can return money to me through dividends in the form of cash.
What about companies that have no profits and return no dividends? What are you investing in at that point?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30678 posts
Posted on 9/15/21 at 10:04 pm to
I have a relatively small amount in Hex, but it’s already over tripled since my investment 2 months ago
Posted by FnTigers
Member since Sep 2021
1471 posts
Posted on 9/15/21 at 10:09 pm to
quote:

Why has the daily hex payout per t-share been flat? And why is 5.7-5.9 the magic number?
Because of the amount currently staked and EES penalties.
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 9/16/21 at 7:58 am to
quote:

Richard was a billionaire long before Hex. Majority of crytpo founders that dump on peoples heads are the opposite. They don't have a lot of money. Richard doesn't need Hex to survive. Ever. He has enough ETH/BTC/USDC to live an unbelievable life. So honestly, he'd buy Hex and pump the price way before he'd ever sell it.


This sounds like a lot of hopes and dreams and very, very light on the facts.
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 9/16/21 at 7:59 am to
quote:

What about companies that have no profits and return no dividends? What are you investing in at that point?


The belief that they will be profitable in the future.
Posted by FnTigers
Member since Sep 2021
1471 posts
Posted on 9/16/21 at 8:13 am to
quote:

This sounds like a lot of hopes and dreams and very, very light on the facts.

It's all true, but do some homework and don't take my word. That goes for anything here posted by me and anyone else regarding any coin or investment.
Posted by dagrippa
Saigon
Member since Nov 2004
11315 posts
Posted on 9/16/21 at 8:45 am to
I'm more interested in the founder on this one. From what I've found on the internet, Richard Sheuler (uses a made up name) had a car audio business, was sued for some spam business, he was affiliated with some life extension group, and was an online marketer. He was an early bitcoin advocate.

I don't see that he was clearly a billionaire before HEX and I can't clearly tell where he is living right now.

He wears unconventional clothes and flaunts superficial wealth like watches in his videos.

All things that I would take as bold red flags in real life yet he's very successful anyway. The dude is an artist.

Methuselah Foundation

I'm thinking about throwing $500 at this anyway.

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