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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/16/21 at 9:45 pm to
Posted by Cassandra
Member since Jun 2021
47 posts
Posted on 9/16/21 at 9:45 pm to
Several big hex holders here have stated there are multiple millionaires on tigerdroppings from hex. Anyone want to self identify and give a little of the details on initial investment and how much they sold or still hold?


Just curious to hear some actual details instead of the in your face graphs or see you in six months when I'm a gazillionaire and bitcoin doesn't exist posts.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 10:16 pm to
quote:

Anyone want to self identify


The Discord has been posted many times.


For the millionth time. HEX is a CD, not a stock, not Ethereum. Change the name HEX to US Government bond there you have it. They even share an identical historical inflation rate of 3.69%.

If you buy a CD from Discover or your local bank, it's the same thing as HEX.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 10:44 pm to
quote:

Change the name HEX to US Government bond there you have it.

If you buy a CD from Discover or your local bank, it's the same thing as HEX.


So which is it? A security or not?

You guys keep saying CD but CD's can be a security and bonds are certainly a security. Richards wants to tip toe around this.

I am amazed at the trust in this guy.
This post was edited on 9/16/21 at 10:48 pm
Posted by FnTigers
Member since Sep 2021
1436 posts
Posted on 9/16/21 at 10:59 pm to
quote:

A security or not?
You mint your own coins. You work specifically with the smart contract. Not RH. Not a company. No expectations of profit from the work of others. No one else is paying you.

Richard doesn't tip toe around it at all.

quote:

I am amazed at the trust in this guy.
Continue to be amazed.
Posted by Cassandra
Member since Jun 2021
47 posts
Posted on 9/16/21 at 11:04 pm to
quote:


For the millionth time. HEX is a CD, not a stock, not Ethereum. Change the name HEX to US Government bond there you have it. They even share an identical historical inflation rate of 3.69%.

If you buy a CD from Discover or your local bank, it's the same thing as HEX.


I didn't say anything about ethereum or stocks nor ask how CDS work. This is the thread to talk hex, no need to send me on an errand to discord to ask hex questions. Just curious if anyone has actually realized significant profits from hex yet.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 11:11 pm to
Sorry for including multiple responses in the same post. The Discord sentence was for you wanting to get to know people better. The point about HEX being a CD was a response for people confused about HEX.
Posted by Cassandra
Member since Jun 2021
47 posts
Posted on 9/16/21 at 11:12 pm to
quote:

You mint your own coins. You work specifically with the smart contract. Not RH. Not a company. No expectations of profit from the work of others. No one else is paying you.



This is not really accurate description. RH, or his developers, created the code (work) and someone is maintaining it. It's built on a blockchain (work) and you depositing (approving) a contract is not work. No one is minting coins besides the code developed by RH. It's a silly description.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:15 pm to
quote:

You mint your own coins.



So then why did you say its a CD?

"HEX is the first Blockchain CD
CDs, known as Certificates of Deposit or Time Deposits, are worth Trillions of dollars. CDs are worth more than gold, credit card companies, and cash."

Do you even know what you are talking about? CD's dont work like this.

quote:

Richard doesn't tip toe around it at all.


He absolutely does.
Posted by FnTigers
Member since Sep 2021
1436 posts
Posted on 9/16/21 at 11:16 pm to
quote:


This is not really accurate description. RH, or his developers, created the code (work) and someone is maintaining it. It's built on a blockchain (work) and you depositing (approving) a contract is not work. No one is minting coins besides the code developed by RH. It's a silly description.
Yes, it's very accurate. You don't even know what you own. Not even Richard Heart can change Hex. I choose to buy hex. I choose to stake hex. My choice to do so has nothing to do with RH. He could die right now and nothing changes about me and the contract. Sell me your hex!
Posted by FnTigers
Member since Sep 2021
1436 posts
Posted on 9/16/21 at 11:18 pm to
quote:


So then why did you say its a CD?
Blockchain CD. Not a legacy finance CD.

Richard does not tiptoe around it.

I'm done responding to you. You don't give a crap about facts whatsoever.

If others are interested, I'm more than glad to help and converse.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:22 pm to
So blockchain CD is just a made up term then.

Its Skummy marketing. You know it deep down baw.
Posted by Cassandra
Member since Jun 2021
47 posts
Posted on 9/16/21 at 11:22 pm to
quote:

Yes, it's very accurate. You don't even know what you own. Not even Richard Heart can change Hex. I choose to buy hex. I choose to stake hex. My choice to do so has nothing to do with RH. He could die right now and nothing changes about me and the contract. Sell me your hex!



Why do hexicans have to be so weird



Thanks for the responses folks, I hope you all become scrooge mcduck rich.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 11:22 pm to
quote:

So which is it? A security or not?

You guys keep saying CD but CD's can be a security and bonds are certainly a security. Richards wants to tip toe around this.

I am amazed at the trust in this guy.


I'm not seeing your point with the security stuff. Would you invest or not invest in something with amazing returns because it is or is not a security?

No one is complaining about Bezos's ability to 0 Amazon if he decided to sell all of his shares.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:26 pm to
quote:

I'm not seeing your point with the security stuff. Would you invest or not invest in something with amazing returns because it is or is not a security?


My point is the marketing and the way its explained to novices.

Saying its a CD and Bond is very disingenuous.

If its a "bond" its absolutely a security and as such, when the SEC gets ahold of it, you are all fricked.

quote:

Change the name HEX to US Government bond there you have it.


Therefore, when "hexicans" uses these terms to describe it, they ether A) dont know what they are talking about or B) are pumping it for their own gain.
This post was edited on 9/16/21 at 11:28 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 11:26 pm to
quote:

So blockchain CD is just a made up term then.

Its Skummy marketing. You know it deep down baw


How would you more clearly market this? HEX is the world's first CD that can be bought on the blockchain. I'm not sure if you are trolling or flat out don't know crypto.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 11:28 pm to
quote:

If its a "bond" its absolutely a security and as such, when the SEC gets ahold of it, you are all fricked.


Pardon my ignorance, but how can the SEC affect international investments? I can use a VPN saying I'm at Santa's house in the North Pole.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:28 pm to
quote:

How would you more clearly market this? HEX is the world's first CD that can be bought on the blockchain. I'm not sure if you are trolling or flat out don't know crypto.



CD's can be securities. This is opposite of what Crypto is meant to be.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:30 pm to
quote:

Pardon my ignorance, but how can the SEC affect international investments? I can use a VPN saying I'm at Santa's house in the North Pole


Considering the largest bag holder of HEX is a US citizen, why dont you think it through bud. Oh, he is also the creator. Oh, HEX also keeps paying him.
This post was edited on 9/16/21 at 11:33 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10423 posts
Posted on 9/16/21 at 11:32 pm to
quote:

CD's can be securities. This is opposite of what Crypto is meant to be.



Crypto wasn't supposed to be centralized exchanges, but I bet you are using the hell out of those.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/16/21 at 11:34 pm to
quote:

Crypto wasn't supposed to be centralized exchanges, but I bet you are using the hell out of those.


An exchange is an exchange. You shouldn't confuse the two.
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