/biz/ - Business & Finance

Yeah i just sold after swiping away a free couple of eth from this shitcoin. I'd get out while youre green anon. Things don't go straight up forever, and it's pumped a fuckton these past few hours

>>18737829
I don't quite understand why /biz/ can't wrap its mind around this token, because it's so fucking simple.

It's certificate of deposit and financial instrument. You can send it and receive it. Just like bitcoin, except there's an actual product: you can lock up your coins for some period of time (akin to a CD). People who don't lock their coins pay some fee in form of an inflation tax. People who lock up their coins pay less of a fee or even see a bit of an increase, depending on how long they lock up.

That's it.

How much is this worth? Simple: it could be worth as the CD market that it correlates with, and how much people use CD's.

HEX has a few thing going for it:
- The locking mechanism might help prevent panic dumping
- It's in the Ethereum ecosystem so it can automatically be used in all protocols that support ERC20
- It's grabs people's attention, if only because of its extravagant creator ("there is no such thing as bad publicity")
- Asia is still sleeping on it. Imagine if they ever FOMO on it.

>>18737829
Just broke out of the wedge and smashed through the resistance on the 4 hour chart.
Looks like it might go up another 2x before retracing to the previous highs.

>>18737829
>>18737877
Meh, I bought too high. Still only 20% plus and I got only 8k. Either 10x or whateves

>>18737956
That's the spirit. I'm up 35%

>>18737889
it may have to do that richard heart has had legal issues scamming before, used to sell anti aging snake oil cures with a nonprofit that never existed, has deep affiliations with Panaman Crime Syndicates, has no accredited educational background, carries many different identities of which we don't even know which one is real. i don't care if the coin does a 10x or 100x from the moment i sell. there is always another moon mission. the coin itself doesn't do anything unique and there are many alternatives, so i don't have any reason to uniquely believe in its practical capability. the only reason i'd buy is to sell it later, which is perfectly fine, but i'll be damned if i trust such a vile, slimy, disgusting man with my hard earned American dollars. there's always another moon mission and i am dead certain this one will end up like the Challenger.

SCAM

>>18738059
crypto is a scam. richard heart admits crypto is a scam. he admits he gets all the ETH. he admits its marketed like a ponzi. he admits that its literally designed to just make people rich. that's it. no oracles. no mixicles. no bullshit. and i believe him. because this is clown world and we have a mcdonalds president

>>18738059
Then stay damned anon.
Hex and scivive is the future.

>>18737829
anyone else having difficulty reaching orgasm unless they picture richard's face?

>>18738190
im doing nofap until my first million

>>18737829
had a bag for 2 months

>>18738469
Congratz anon. May your hands be strong.

>>18738119
i don't care if cryptos a scam, thats outside of the scope of this discussion. the point being is that the character behind the man running the business matters deeply to the business's success. richard has literally one of the shittiest track records imaginable. i don't care if this specific project is a scam. i don't care if he's turned over a new leaf. i don't care if hex works or doesn't. the chances that this doesn't go up in flames are so astronomically low and richard is such a scummy guy that i don't want to put my money with him. you seem like a bright guy who's just grown disillusioned with the world. you do as you please, of course, but really stop and think if the dreams of the lamborghini and yacht in your mind are clouding you from making a rational judgement. when my hex went up, i felt ecstatic, and i thought 'but what if i just hold'. thats how i knew to sell, anon.

>>18738675
Richard here.

This project was started to solve a personal problem, that is why it's more legit than any other project in crypto right now. As many of you know, I was barely getting by doing hourly magician gigs, you know, sleight of hand card tricks, long ass handkerchiefs, shit like that. I was sinking fast and had been going to my magician gigs hungover. Most of the time I would have to take a flask of bourbon along just to make it thru the gig. One Monday I started, well... continued, a gnarly bender after doing tricks for some rich banker's kid's bar mitzvah. I was so depressed hearing them talk about their parents money I just kept smashing whisky shots and doing insane amounts of blow I got off this gayboi designer I met at some club. We fucking went apeshit man.. when I woke up the next friday afternoon I saw all the ideas we came up with in our coked out frenzy to start an Ethereum token ponzi scheme. I used to be a BTC maximalist before I got into magic so I kinda know the crypto scene. The logo was so good and apparently I promised this gayboi that he would make millions off this logo so he would keep fronting me blow... I don't want to fuck that up cuz he's super hot and I don't get that type of boi pussy as much these days. This shit was fucking pristine too, like sticking your dick in a warm meatloaf. Anyhow, I have to do this thing now so check out Hex and if you are early enough you might make a few bucks, but probably not.

>>18738257
based I'll join you

>>18738675
Regarding his character. The man has spent the last 4 years giving out free content to his followers in the form of self help videos, books and long form livestreams. He's talked about the problem of scams in crypto since before the 2017 bull market way before he decided to create his own cryptocurrency. He's debated many of the top people in crypto on his livestreams, and not just debated but won most of the debates he has had. He has repeatedly talked about how much he hates inefficiency in business, tech and life in general and how a lot of the problems in crypto are not really addressed by the main spokesmen of the industry. He has talked about the importance of medical research (mainly SENS) above everything else as a goal in life.
The memes about his past may hold some truth to them regarding some of the facts, but they are all without exception one sided and framed as if he were the biggest scammer to have ever lived. The problem is that people who repeat them don't really look at the full picture.
Why would a guy spend hours upon hours on answering the most toxic questions that could be asked of him live in front of an audience time after time if his goal was to exitscam and dump the value of his project? When you really think about it it doesn't make any sense, especially when you realize how good of a project Hex actually is.
Judging by the way you write, you seem like a reasonably smart guy anon. there's way too much good that Richard has done over the past years to outright dismiss him and Hex as a scam. Hope you think about it, don't just yell scam because you didn't get a bag in time.

>>18737829
Fuck off scammers. Anybody with an IQ above 80 would know it’s a scam. Don’t say you weren’t warned.

>>18739175
Spoken like a true sub 80 huemang. Ignorant yelling with no argument in sight.

>>18739308
That shit game theory only works when the majority want to stake, the bs game theory fails when majority just want to trade the pump and dump, here is your argument you RETARDS so much for you BS HEX Game theory .

>>18738675
i do appreciate your sincerity. everytime i have wanted to fomo on something and didnt, i have been reverse bogged. i genuinely believe bogging is real and the opposite would have happened if i had bought. i only have $350 in HEX (bought in feb, was able to get 1.3 million <2 ETH), so im definitely just holding it for fun for the time being. $3500 gain is cool but im not poor and id rather see what happens.

>>18739377
What game theory are you referring to?
The game theory and incentive structure is dynamic and changes depending on how participants act in the network.

दस हजार बार रिटर्न या आपके रुपए वापस

>>18739134
do you realize we are in a hot meme war right now over the fate of world economies. do not take the attitude of your enemies lightly.

>>18739885
I understand the game. I know how to play it. I know what's at stake.

BTW we're about to break through the ascending triangle on hex/usdc.

>>18737889
>before
Wake Up BIZ its time to make some money, So much coming down the road, like HEX to Cash private transactions... Don't believe the FUD we are taking over!!

>>18739134

>>18739885
That's fucking hillarious. Imagine the chain of events that will lead to the world reserve currency in 10 years all started with meme wars on some autistic site.

>>18737829
FUCKING SALE WHILE YOU CAN SOON THERE WILL BE A MASS DUMP TAKE YOUR GAINS AND GTFO

>>18740824
Based on what? we are just starting to fly

>>18740770
yes, an erc20 token will be the reserve currency...its just a hype coin guys. make gains, get out in time. market cap is already high enough so the upside potential is getting smaller and smaller. there is maximal a 100x left

>>18741043
Lol why not though? It works. You can send it from one address to another. You can stake it and collect inflation. You can check how much future supply it will have. It's all about just growing that network effect. Value of anything is solely dependent on how many people believe it has value.

Among the top 3 most popular investments you can make at a bank?

Dwell on this question and the implications.

Checking
Savings
CDs

Hex is crypto CD, think about how important that is for the volatility of a crypto. Think about how you would design a crypto CD yourself, how it would be able to be viable. Before you even think of investing do your research on everything that Richard has to say about how HEX works as a CD. Listen to what he has to say regarding how BitConnect failed. Listen to his debates and the involved, esoteric discussions. Come back and offer something more than time wasting ad hominem. I can't predict the future, but love it or hate it this coin has potential.

>>18737829
HEX cheatcodes
https://docs.google.com/document/d/1yJ-snX5JZUZrCVgloPDxuPa5SATgYO3hPR1ZsSkseUs/edit#heading=h.zawl8wkcv9sf

the tokenomics are exactly like bitconnects.
i don't care if retards play it, but one day its going to drop 99.9999999% and never go up again. all of the bullish "guarantees" are only valid if new people keep buying.
when they stop, it just tanks.
and if heart is from the US he's going to jail for securities fraud eventually.
but I do look forward to pink wojacks

>>18742319
> all of the bullish "guarantees" are only valid if new people keep buying.

So like every other crypto then?

>>18742319
imagine not understanding compound interest

Richard destroying basedboys ... pure gold

https://www.youtube.com/watch?v=4gcbbIAqFlg

>>18742369
no, not at all. this is way more similar to POWH. Because holders have big penalties for selling the upword spikes are more violent while people are buying.
normal cryptos are not like that. they also are less likely to completely collapse with 0 new interest after falls.
but the penalty for selling quickly is not a deterrent in a crash scenario, because holders realize if they don't sell they'll lose everything so they're ready to sell at any price.

>>18742433
*onions* boys

>>18742433
That shit was epic. Honestly him destroying people in debates is worth the price of admission alone.

>>18742433
what the fck is wrong with this...

can't type s o y b o y in here ?? lol

>>18742407
imagine thinking compound interest actually exists. why do you think interest rates have fallen consistently for decades?
The answer is, if someone actually got 1000x for just holding in a bank account, you have to choose between hyperinflation and lowering interest rates. so the government chooses lowering rates.
your 0.0005 IQ bait posts are 0% effective in convincing me to buy scam token #9732340324

>>18742440
Why are they less likely to collapse than hex? Aren't like 99% of cryptos propped up by fake partnerships and non achievable road map goals?

>>18739411
Same here. 10x-ing my pocket change felt nice, but it's not a life changing amount and I don't want to be one of those people who sold bitcoin at $800 thinking they made it big. Also, half my stack is staked, so I really can't. I thought it would go up, but I had no idea it would pump this hard and fast.

>>18742478
their "collapse" is just over months or years, like Request, instead of a sharp collapse like Bitconnect.
They still die just over a longer period where you have more chances to get out. Bitconnect took no hostages.

>>18742577
you are thinking about it the wrong way. its just a banking function on blockchain. that works. the /biz/ meltdown when HEX is top 10 is going to be biblical.

>>18742606
its pretty easy to see you are about 4 different discord pajeet niggers hired by Heart. your friend didn't even know about the wordfilter, newfag much?
i really don't care if you get a few more sales by bumping the thread but i'm not going to accept your dipshit arguments.
every coin can do "banking", if that's the only thing your ERC20 scam can do it's not fucking 2017 anymore christ.
use a better talking point i doubt any of the idiots here will even fall for that.
just advertise it as another chicken game of POWH because that's all it is. your FOMO game is weak.

>>18742577
So you dont think there's any chance the ecosystem keeps growing and not collapse? People can always end stakes and then starting new ones if they like what theyr using. People can start to use hex to exchange goods and services online because of growing popularity. People can include hex in their defi dapps. It's already an erc-20. It can be easily integrated into all sorts of things. Network effect is a thing and so far hex is doing a pretty good job casting a wide net.

>>18742654
yeah you're talking like its late 2016 and there aren't literally 10,000 coins that do staking. really you need to tell richard he's a fucktard and to give you better talking points. its his fault if you don't have anything better than that.

>>18742683
Those 10000 staking coins don't know how to market their shit correctly so they won't be enjoying the growing network effect. Most coins are just masturbatory muh partnerships muh roadmaps fantasies. You gotta use some interesting guerilla marketing tactics to get shit off the ground. Get your coin in the hands of normies.

>>18742718
i know its your first day on the board but we've already been raided by your discord nigger overlords a million times.
whoever trained you has trained about 200 other coin pajeets how to shill on this board with this stupid FOMO tricks. it's not going to be effective when the board is 5% of the size from 2017. anyone here has already seen these stupid tactics 100s of times.
Other coins have much better marketing than Hex.

>>18742817
I don't know what you're on about. I just have one question for you. If hex reaches $1 in the next few years...are you going to eat your own dick?

>>18742653
>if that's the only thing your ERC20 scam can do it's not fucking 2017 anymore christ.
actually it is 2017. with the returns. for HEX. we're going to be having these conversations for months at new ATHs. kill yourself.

>>18737829
kek look at all these pajeet shills

We know this is a pnd scheme, and that you can make money. When you buy this shitcoin you're betting that you're buying in before the massive incoming dump. Sure you might be right for some amount of itme, but at this point I'd rather just hold something else.

Missed out on this moon mission, will keep an eye out for the next one. Congrats to those who won - take profits now if you don't want to lose everything.

>>18742861
sure, if you put up $1 million in collateral if you lose the bet. did you expect me to give you something for nothing?
this is probably the top, 100 sats is being really greedy

>>18742928
every scheme like this has died after a month. you really should get out now.
i won't wait for your pink wojack thread two months from now. you guys never come back after your shitcoin dies.

>>18743296
>he thinks this will stop before the BPD