re: Took a dive into Hex crypto

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Explain how a coin that yields 40% is NOT a fraud.

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0 understanding of how hex works

“The highest form of ignorance is when you reject something you don’t know anything about.” Wayne Dyer

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Explain how a coin that yields 40% is NOT a fraud.

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You’re a fraud, you come into a thread on something you know absolutely nothing about and pretend you do. The only things you know about Hex are the things someone else too stupid to understand it told you to repeat. Dance puppet.

I'm not that good at math. Maybe someone can help me out.

If 3.69% inflation is payed only to stakers and only 9-10% of HEX holders are staked, what is the APY paid to the HEX stakers? Could it possibly be 40% yields?

HEX's mechanics are amazing. The longer you stake the better your interest rate. All you have to do is stake longer than the next guy and you make more money than him.

Your big points are CDs are bad, advertising is bad, and staking crypto is bad?

I could twist half the NASDAQ growth stocks into a MLM by your definitions.

There isn't a single stock on the planet that increases without advertising and someone buying for more than the previous buyer.

You may want to research HEX harder because you are copy pasting and it's making you look foolish even with simple market concepts.

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Your big points are CDs are bad, advertising is bad, and staking crypto is bad?

I could twist half the NASDAQ growth stocks into a MLM by your definitions.

There isn't a single stock on the planet that increases without advertising and someone buying for more than the previous buyer.

You may want to research HEX harder because you are copy pasting and it's making you look foolish even with simple market concepts.

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A big price mover for public companies is mandatory quarterly and annual SEC,SEDAR, etc filings, which is not advertising.

There's nothing new about HEX when it comes to analyzing it as an investment: market cap, the ability to generate enough revenue to sustain and grow the business/project, and dilution or buybacks/token burn. Investors in the 19th century were taking the same things into account.

HEX is definitely not like a CD or money market account because there is an underlying asset price that moves and can destroy returns if it falls. Since you are getting rewards in HEX, it's like reinvesting dividends in a-stock or fund, which, like HEX, depend on price stability long-term or appreciation to generate a total return. I don't see how that's controversial.

I'm not saying it won't make folks money or more money for those who were early investors. I made stupid money on a stupid investment with charismatic a CEO whose business model was essentially marketing the stock to new investors and issuing shares but that doesn't tend to be a quality long-term plan. HEX offloads some of that to Hexicans, witness the mailings, but how much growth is in that?

And I never said HEX is a scam, the question is how sustainable is a project with a business model simply dependent on minting new tokens to create returns for existing investors. And do you want to lock up your tokens long term in such a project. I do own a tiny bit of HEX, 1030 tokens but I haven't staked because I'd have to buy more for gas.

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HEX is definitely not like a CD

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From hex.com
Certificates of Deposit (CDs) are common investment tools managed by banks. Hundreds of millions of people use them worldwide, creating a market valued in the trillions of dollars. HEX has taken the concept of CDs, added significantly higher average return rates, removed banking fees and turned it into a decentralized cryptocurrency.

From investing.com
A certificate of deposit is a time deposit, a financial product commonly sold by banks, thrift institutions, and credit unions. CDs differ from savings accounts in that the CD has a specific, fixed term and usually, a fixed interest rate. The bank expects CD to be held until maturity, at which time they can be withdrawn and interest paid.

You are splitting hairs by saying HEX is not a CD. HEX is an improvement on historical CDs where middle men make six figures on your money. With HEX you and the blockchain are doing the work.

Study the mechanics of the staking rewards. You are missing key information. Get deeper than surface level and you will see why this forum has millions invested in it.

when people call hex a ponzi it's because they don't understand how the yield is paid.


A lot of people just like to throw word salad around or repeat what they've "read".

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Richard Heart is a douchebag

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All the Hexicans I know agree.

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HEX advertising is always about outsized returns

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It has actually been undersized compared to the USD appreciaton %.

The returns advertised are in HEX and have been very close to that number.

If you know how it works you would know why.

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crypto is filled with ponzinomics,

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Agreed. But people assume that Hex yield is paid from new holders and buyers. That's a flat out lie. It's code.

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It has actually been undersized compared to the USD appreciaton %.

The returns advertised are in HEX and have been very close to that number.

If you know how it works you would know why.

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Yeah I'm talking about the bus advertisements and other little images I see from the HEX people that are pointing out multiples of performance. That kind of stuff is going to make people think ponzi regardless and a lot of the industry is guilty of it