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boomtown143
USA Fan
Merica
Member since May 2019
5538 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

correct. hex is an erc20. Richard is forking into pulse like BSC so it will have two prices


That is correct


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rocket31
Toledo Fan
Member since Jan 2008
39685 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

He’s confusing hex and it is now……with phex that’s coming with pulse (fork of eth).


I'm not confusing anything. I clarified that I was talking about phex/ehex
This post was edited on 9/15 at 2:58 pm


boomtown143
USA Fan
Merica
Member since May 2019
5538 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

I'm not confusing anything. I clarified that I was talking about phex/ehex


Ehex is NOT a fork man. (This is the hex i own right now).
Phex will be a fork on pulsechain (which is a fork of eth).
This post was edited on 9/15 at 3:05 pm


rocket31
Toledo Fan
Member since Jan 2008
39685 posts

re: HEX (Blockchain Certificate of Deposit)
I understand it perfectly actually beyond the semantics of ehex and phex and the fork copies holders of hex receive

I'm bearish bc without a DeFi exchange, yield farms, major exchange listing etc like other ETH clones pulse is at a disadvantage

I'm also curious to see the value of stable coins on pulse
This post was edited on 9/15 at 3:09 pm


boomtown143
USA Fan
Merica
Member since May 2019
5538 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

I'm bearish bc without a DeFi exchange, yield farms, major exchange listing etc like other ETH clones pulse is at a disadvantage I'm also curious to see the value of stable coins on pulse


He’s talked about plenty of other things that are coming with pulse. Will have it’s own exchange. He’s forking uniswap.

Yeah. We don’t know how the stablecoins will work. Richard has said they he’ll do his own too.


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METAL
Member since Nov 2020
496 posts

re: HEX (Blockchain Certificate of Deposit)
Wow. Go reread all of your posts then reread all of the links/quotes that you posted and tell me how you feel about what you have posted.

You are playing semantics.


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20
21JumpStreet
Colorado Fan
Member since Jul 2012
12698 posts

re: HEX (Blockchain Certificate of Deposit)
quote:


My issue is the Whale is hard coded in. I hope I am making that part clear.



holy shite that is alarming


FnTigers
LSU Fan
Member since Sep 2021
75 posts

re: HEX (Blockchain Certificate of Deposit)


Check this out.


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30
FnTigers
LSU Fan
Member since Sep 2021
75 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

holy shite that is alarming
I shared that the OA is still being diluted by 3.69% because he isn't staking which gives more yield to everyone else. Those EES fees are minuscule in comparison. If that's what stops you from investing then so be it.


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30
Lickitty Split
LSU Fan
Inside
Member since Apr 2017
3152 posts

re: HEX (Blockchain Certificate of Deposit)
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.

Like I said, I have dollars because I can buy stuff with dollars. If I can’t use dollars to buy anything then I have no use for dollars. The ability to use dollars for purchases provides value to dollars.

Unless someone can provide a tangible or intangible thing that can be purchased with HEX now or in the future, it should not be considered a currency.

Moving on the the investment angle of HEX, I already explained how I don’t mind gambling but I like to know the game before I consider betting. You have provided no context to how I can gain money from the venture. The only thing I can gain is more HEX. So if all I can do is gain more HEX that can’t be spent anywhere then I’m relying on fools to buy my HEX at a higher price than I purchased it.

1) Gold stores value and can be exchanged to purchase things.
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. If the value of the company increases due to efficiencies or demand then I can sell my stock/ownership in the profits to another individual. I’m entitled to my share of the company profits and assets via my ownership interest.
3) HEX has no profits, no assets, and no dividends paid in cash.

In summary, I’d be a fool to bet on HEX and could only possibly return more money by convincing/fooling others to invest in it. This seems to be the purpose of this thread is to fool others into investing into something that has no value. I wish you all the best.



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boomtown143
USA Fan
Merica
Member since May 2019
5538 posts

re: HEX (Blockchain Certificate of Deposit)


Ok


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11
LSUJuice
LSU Fan
Back in Houston
Member since Apr 2004
17199 posts

re: HEX (Blockchain Certificate of Deposit)
I own hex. I've staked hex. But my fud in this and why I don't own more is I really can't be that confident in this whole deal perpetuating itself for 15 years. I mean, sure I'll get a bunch of hex when my stake ends. But if nobody else values hex in 10-15 years then it's all worthless anyway.

I guess you could say that for any investment, but that kind of goes to the point of there being no other use for it. I'm essentially speculating on the hopes that other people will still be speculating 10 years from now.


Chuckiee
USA Fan
Rusty Nail
Member since Jan 2007
2310 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

Lickitty Split


Your thought process scares me. I can’t believe you typed all that shite up


Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
4164 posts
 Online 

re: HEX (Blockchain Certificate of Deposit)
quote:

Lickitty Split


Bruh.



I can’t even


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10
Lickitty Split
LSU Fan
Inside
Member since Apr 2017
3152 posts

re: HEX (Blockchain Certificate of Deposit)
That’s exactly what I said but apparently people are bothered my reluctance to bet on people wanting this stuff in 5-10 years. The whole thing just sounds like a pyramid scheme. I mean I wish I got in early and could cash out after all the fools rushed in but the fools have already rushed in.

Until someone explains to me how I can make money off of HEX, it just sounds like a scheme to take someone else’s money.


FnTigers
LSU Fan
Member since Sep 2021
75 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

I guess you could say that for any investment, but that kind of goes to the point of there being no other use for it. I'm essentially speculating on the hopes that other people will still be speculating 10 years from now.
That's a fair point and something we should discuss. Hex always has meat on the bone for newcomers.

Think about this. What other coin can pretty much guarantee that you'll have committed folks here for 5, 10, and 15 years? Most people jump from thing to thing and some make it but others don't.

A large benefit to hex being a long-term play is that you have a community of people committed for the long haul.

Every single day adds millions of dollars staked for 5555 days out. Think about 2 years from now. That day will have 5555 stakers and every day and year after that.

What you have is a perpetual cycle where you have people getting onboard and staying for a long time.

I trust the longevity of hex way more than other promise coins/other crypto because of this.

Good question and it's something we all ponder!

It's also good to do a staking ladder where you can take profits yearly off your interest or principle and interest. Whatever you like!


Lickitty Split
LSU Fan
Inside
Member since Apr 2017
3152 posts

re: HEX (Blockchain Certificate of Deposit)
All you and the others can do is sit there and say bruh, I can’t even... I can’t believe you said that...

Please explain to me where my reasoning is faulty.


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01
LSUJuice
LSU Fan
Back in Houston
Member since Apr 2004
17199 posts

re: HEX (Blockchain Certificate of Deposit)
Honestly I thought the way you worded your original argument was kind of clunky, but yeah I get what you're saying now.


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FnTigers
LSU Fan
Member since Sep 2021
75 posts

re: HEX (Blockchain Certificate of Deposit)
quote:

1) Gold stores value and can be exchanged to purchase things.
I gotta ask. Anyone here ever bought something with gold?


Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
4164 posts
 Online 

re: HEX (Blockchain Certificate of Deposit)
quote:

Until someone explains to me how I can make money off of HEX, it just sounds like a scheme to take someone else’s money.


Any time you sell anything (stock, crypto, meth, etc)
you took someone else’s money for something they wanted to purchase


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