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Started By
Message
re: HEX (Blockchain Certificate of Deposit)
Posted on 9/15/21 at 10:53 am to JayDeerTay84
Posted on 9/15/21 at 10:53 am to JayDeerTay84
quote:
Richard will maintain his share. He can even sell it all and it will eventual go back to 45%+ based on the code. He would never have to buy another coin after selling it all and he will get 50% of all penalties etc.
Everything above you mentioned does not work like that.
No argument for SOL or eth?
Pretty non sensicle argument. How much do you think he’s make in the penalties after he dumps on people? $0 bc no one would be buying.
Always the “IF’s”.
This post was edited on 9/15/21 at 10:55 am
1
Posted on 9/15/21 at 11:21 am to boomtown143
quote:
No argument for SOL or eth?
Pretty non sensicle argument. How much do you think he’s make in the penalties after he dumps on people? $0 bc no one would be buying.
Always the “IF’s”.
ETH and SOL do not have this written into their code.
I am trying to have a real discussion about what makes HEX different....
Posted on 9/15/21 at 11:33 am to JayDeerTay84
quote:Proof of wait. Monetizes the time value of money. Pumpamentals built in to make the chart go "up and to the right" forever. Always meat on the bone for new people coming in. You can argue about the centralization of ownership, but that's something you have to deal with among all top coins. I trust RH a lot more being he's a billionaire as opposed to some of these other founders who have to sell their bags ala Vitalik. RH ain't selling Hex and he ain't selling pulse when that comes out.
real discussion about what makes HEX different....
We can have the same info and make different investing decisions. For me and most Hexicans, that is a huge benefit for price. For some, it isn't something that they like.
Posted on 9/15/21 at 11:36 am to FnTigers
quote:
Proof of wait. Monetizes the time value of money. Pumpamentals built in to make the chart go "up and to the right" forever. Always meat on the bone for new people coming in. You can argue about the centralization of ownership, but that's something you have to deal with among all top coins. I trust RH a lot more being he's a billionaire as opposed to some of these other founders who have to sell their bags ala Vitalik. RH ain't selling Hex and he ain't selling pulse when that comes out.
We can have the same info and make different investing decisions. For me and most Hexicans, that is a huge benefit for price. For some, it isn't something that they like
I appreciate you being honest and not hiding from the rules of Hex. Most of the time it get dismissed.
Posted on 9/15/21 at 11:38 am to JayDeerTay84
quote:
I am trying to have a real discussion about what makes HEX different....
You’ve said the same thing for over a year…..”if Richard sells”.
Well, “IF” you would have bought when I was bringing it up in this board…….
I really hope you can get over whatever you have against him….and buy some Pulsechain.
This post was edited on 9/15/21 at 11:41 am
Posted on 9/15/21 at 11:39 am to JayDeerTay84
quote:Nothing to hide. Every top coin has whales that could dump on your head at any time. Most of them you have no idea who they are. You have to buy with faith that they will hold. I sleep very well at night with my Hex position and how it's going to be protected.
I appreciate you being honest and not hiding from the rules of Hex. Most of the time it get dismissed.
Posted on 9/15/21 at 11:40 am to boomtown143
quote:
You’ve said the same thing for over a year…..”if Richard sells”.
Well, “IF” you would have bought when I was bringing it up in this board…….
Look dude, I am specifically talking about the hard coded function of HEX that directly enriches the OA which is his address as the number 1 winner in all scenarios.
You pimp the fact that HEX is a top coin. No other top coin has this.
How is this a "feature" worthy of investment?
This type of feature leads to more people losing than winning when its all said and done.
I am trying not to use certain words as to not turn this thread to bickering.
This post was edited on 9/15/21 at 11:42 am
Posted on 9/15/21 at 11:41 am to FnTigers
quote:
Nothing to hide. Every top coin has whales that could dump on your head at any time. Most of them you have no idea who they are. You have to buy with faith that they will hold. I sleep very well at night with my Hex position and how it's going to be protected.
My issue is the Whale is hard coded in. I hope I am making that part clear.
Posted on 9/15/21 at 11:44 am to JayDeerTay84
quote:the EES fees that go to the OA are minuscule when you consider the supply and the OA ownership. Also, the inflation paid to stakers far more dilutes the OA as opposed to those EES fees.
My issue is the Whale is hard coded in. I hope I am making that part clear.
This post was edited on 9/15/21 at 11:46 am
Posted on 9/15/21 at 11:46 am to boomtown143
quote:
Your interest isn't paid in fiat. You are paid in hex.
so if you are just creating more hex, doesnt that mean you have the same problems as fiat in that it can be created with no backing and is similar in doge in that it has an infinite supply?
Posted on 9/15/21 at 11:46 am to TigerTatorTots
I came here for legitimate questions. I’m not trying to tear anyone down but this thread just looks like people wanted to fight over HEX.
Why do I have dollars? Because I can buy stuff with dollars. If I couldn’t buy stuff with dollars I wouldn’t want them. Unless I am wrong, HEX is a cryptocurrency. I don’t have to go into the definition of crypto or currency because I assume we all know what those are.
If you saw my previous statement then should know that I invest in companies or funds that make stuff or make a profit with a strategy.
I’m simply trying to understand the strategy. If all I can do is gain more HEX but that HEX can’t buy anything and I’m relying on some fool to buy HEX at a higher price than I bought it, then I’m straight gambling. Like I said, I’m not opposed to gambling as I have visited many casinos and participated in various other bets on random outcomes. I’ve always understood the game before placing my bets. That’s all I’m trying to do here.
As I understand, HEX is not currently being used in any transactions. You haven’t provided me with any future possibility that it will be used in any transactions. I would rank HEX below shiba solely because shiba is at least consumed during a game.
Why do I have dollars? Because I can buy stuff with dollars. If I couldn’t buy stuff with dollars I wouldn’t want them. Unless I am wrong, HEX is a cryptocurrency. I don’t have to go into the definition of crypto or currency because I assume we all know what those are.
If you saw my previous statement then should know that I invest in companies or funds that make stuff or make a profit with a strategy.
I’m simply trying to understand the strategy. If all I can do is gain more HEX but that HEX can’t buy anything and I’m relying on some fool to buy HEX at a higher price than I bought it, then I’m straight gambling. Like I said, I’m not opposed to gambling as I have visited many casinos and participated in various other bets on random outcomes. I’ve always understood the game before placing my bets. That’s all I’m trying to do here.
As I understand, HEX is not currently being used in any transactions. You haven’t provided me with any future possibility that it will be used in any transactions. I would rank HEX below shiba solely because shiba is at least consumed during a game.
Posted on 9/15/21 at 11:50 am to lsu777
quote:It does not have unlimited supply. It is inflationary just like bitcoin, but that 3.69% apy inflation is paid to the stakers.
so if you are just creating more hex, doesnt that mean you have the same problems as fiat in that it can be created with no backing and is similar in doge in that it has an infinite supply?
Wouldn't you like your fiat to have a set inflation rate? Instead you get idiots printing money like crazy and USD just gets crushed. Doge? Doge was created in hours. Hex was created in 2 years with an insane amount of game theory.
Posted on 9/15/21 at 11:54 am to FnTigers
quote:
the EES fees that go to the OA are minuscule when you consider the supply and the OA ownership. Also, the inflation paid to stakers far more dilutes the OA as opposed to those EES fees.
That is not what I am reading. I read that half of all the new mint is going to the OA.
Also, this "copy" is not clearly discussed at all. Its like "copy" and "mint" are used interchangeably He admits here he moves some of these "copies" out of the OA to 10-12 different addresses.....LINK
How did he make HEX and not know who the OA is? Makes no sense. And the OA isnt dead. Someone is moving the coins. How? Who? He was asked directly about the OA control. its a simple yes or no. He wont answer. He is bullshitting to get past the FED. He admits it.
He then goes on to talk about shady ICO's making them money with the OA literally owns half of all HEXs value. So instead of an ICO funding phase, HEX is essentially an entire project where the bonus funding phase is all the time. I see no other way to cut it.
I legitimately have had no other facts or data to dispute any of this.
I dont care about gains people make. Doge makes gains and its useless.
I care that I am investing in something that at least on the surface, is trying to solve a problem. I also care that on this forum of exchange of information, people can be made aware of risks.
This post was edited on 9/15/21 at 12:00 pm
Posted on 9/15/21 at 11:59 am to JayDeerTay84
quote:this is untrue. Completely false.
That is not what I am reading. I read that half of all the new mint is going to the OA.
The new mint is simply inflation. If you aren't staked, you DON'T get it. Not even the OA.
quote:The OA is a term for cumulative of all those origin addresses. Gunther, a CPA, has audits with all of this for everyone to see. Let me dig em up.
He admits here he moves some of these "copies" out of the OA to 10-12 different addresses
quote:No expectations of profit from the work of others. Why should he answer that question. Everyone can assume and they are probably right. Do you know who satoshi is and demand to know? Nahh
He was asked directly about the OA control. its a simple yes or no. He wont answer. He is bullshiteting to get past the FED. He admits it.
Posted on 9/15/21 at 12:00 pm to Lickitty Split
quote:
As I understand, HEX is not currently being used in any transactions. You haven’t provided me with any future possibility that it will be used in any transactions. I would rank HEX below shiba solely because shiba is at least consumed during a game.
Pretty weak argument You ain’t buying nothing with your apple or Tesla stock either. You sell it and then you can buy things. Same with hex or most cryptos
Posted on 9/15/21 at 12:01 pm to FnTigers
quote:
Doge? Doge was created in hours. Hex was created in 2 years with an insane amount of game theory.
wasnt trying to say it was doge, i understand much of the tokenomics behind hex unlike doge.
quote:
Wouldn't you like your fiat to have a set inflation rate? Instead you get idiots printing money like crazy and USD just gets crushed
quote:
It does not have unlimited supply. It is inflationary just like bitcoin, but that 3.69% apy inflation is paid to the stakers.
ok most of the things were answered i believe in the thread.
so i get the whole point of being a CD, but still confused on how the interest is earned.
so for example if i buy a cd for 5 years at a bank(stake essentially) they take my money and lend it out at lets say 5% apy interest for the 5 years. They pay me 2%, so they net 3%.
what i am confused about is how does hex earn the extra hex to pay me? i dont understand how hex makes money. I dont understand what hex's blockchain is used for.
im all for making money on something even if it has no fricking use, like doge, but i guess i just dont understand the overall purpose of hex
Posted on 9/15/21 at 12:03 pm to FnTigers
quote:
No expectations of profit from the work of others. Why should he answer that question. Everyone can assume and they are probably right. Do you know who satoshi is and demand to know? Nahh
Not answering isn't a defense.
You guys keep brining up Satoshi and BTC. Do you even understand the project you are invested in? Not even remotely similar.
You are effetely comparing a Human to a tree.
quote:
The new mint is simply inflation. If you aren't staked, you DON'T get it. Not even the OA.
All new mint and penalties goes 50% to OA and the rest to everyone staked.
He says it in the video I linked.
Posted on 9/15/21 at 12:07 pm to JayDeerTay84
quote:
All new mint and penalties goes 50% to OA and the rest to everyone staked. He says it in the video I linked.
I have to watch the video but i can tell you 50% of penalty does go to the OA and 50% is so split.
but 100% of your stake interest go to you, the staker.
Posted on 9/15/21 at 12:07 pm to FnTigers
If Richard hex is really a billionaire why doesn’t he take medicine for his rosacea
I feel like this guy is faking y’all out
I feel like this guy is faking y’all out
Posted on 9/15/21 at 12:07 pm to lsu777
quote:
what i am confused about is how does hex earn the extra hex to pay me? i dont understand how hex makes money. I dont understand what hex's blockchain is used for
How do you earn BTC when mining?
Staking = mining.
When you mine, you get paid in BTC, then you SELL it if you want. (Same thing for hex but replace mining with staking).
It’s really not that hard man.
This post was edited on 9/15/21 at 12:17 pm
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