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/biz/ - Business & Finance

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18764152 No.18764152 [Reply] [Original]

/biz/, i have good or bad news depending on how strong or weak your hands are.

HEX is unironically going to be the next LINK.

Not technically, of course. It will just follow the exact same path in this board that LINK did. By that, i mean the several months of daily heavy FUD posts, daily shill WHAT THE FUCK WAS THAT?!?? posts followed by an unstoppable bull run and then tanking. It will probably peak at $5, tank around $1 and keep hovering between that and $0.5 just like link does it between $2.50 to $5. Newfags will see the massive gains we made in the beginning and FOMO, so they will keep buying our bags trying to hop on the ticket to the moon, just like LINK. But they will be too late. They will just keep buying our bags and turning us into millionaires. Bagholders will post memes daily asking when the next moon is going to arrive. It never will. Then based Richard Heart will just disappear out of nowhere and exit scam, leaving all the bagholders poor, and smart money multimillionaires. Just like sergay will do. Screencap this. We are all going to be fucking millionaires by the end of 2022.

12% up today. How much did you make today, stinky linky hodler?

>> No.18764178

do you know how many hex there is in circulation?

$1 would make it worth more than bitcoin

>> No.18764182

odd number - buy this shit

>> No.18764406
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18764406

>>18764152
Based.

By the way, what THE FUCK was THAT?!????

>> No.18764522

>>18764406
yep just staked :)

>> No.18764634

>>18764178
HEX is actually pretty clever. the market cap doesnt include staked coins, as theyre considered burned and get reminted when unstaked. early unstaking penalties get distributed to the other stakers. the game theory is you can view everyones stakes. so you can ascertain what the actual circulating supply will be, because people take huge penalties by closing stake early. you guys are literally going to kill yourselves when this is top 10. im dead serious. missing this is going to push a lot of people over the edge. do yourself a favor and at least read the white paper.

>> No.18764661
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18764661

>>18764152
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.