/biz/ - Business & Finance

>>23027592
Wait and see what happens after the big payday.

>>23027628
I've thought about this;

>Let's say that you think the price will dump after BPD
Then why not dump before BPD?
Why hold, when you think everyone will be selling?

It's not as simple as I think many think. BPD only increases everyone's stack. the fundamental ratio of % owned doesn't change! BPD is essentially a non-event if no one sells, everyone will be in the exact same position as they were initially. The only people that will suffer will be the % of people that are unstaked through BPD. And if you're not invested at all, you need every holder to essentially sell half their stack. It's fucking genius.

>>23027592
buy Axion https://axion.network/

>>23027983
Name me an instance of when a copypasta (with tweaks) of a project beat out the original project.

There's also an airdrop that will give out 1:1 for Hex holders. In this sense, the better Axion does, the more Hex holders (who probably aren't super bullish on Axion) potentially dump. Think about the best way to mitigate risk when you can buy Hex, and get Axion for free. Good luck to you sir.

>>23027592

best coin the market imo. also I got 5k from uniswap because I used hexdex.win back in the day, put all into hex again and staked it for 5555 days

im going to be rich

>>23028167
>im going to be rich
okay I was optimistic until I read that sentence.

>>23028333

nah, for real tough.I started with 1k now I have more than 20k worth in the proyect, it is amazing. It went from being 0.5% of my portfolio to 10%, crazy.

>>23028333
What's interesting is, Hex literally started the DeFi bullrun (which happend on Uniswap). Uniswap has been around since 2018, so why all the fuss now? Hex was #1 on Uniswap for months, then the DeFi craze exploded. Hex invented DeFi, projects that exist in and of themselves (not reliant on third parties "Oh look Google just partnered with us!"). Fuck partnerships, why should crypto be reliant on them?

Anyways, look at the timeline for the UNI airdrop, and Hex's price afterwards. Uniswap essentially paid back Hex for popularizing it, even if Uniswap didn't intend it.

>im going to be rich
Hex is designed around the fact that people buy crypto to make money. It hasn't hit a lot of people yet because the market cap isn't there yet. But unless something catastrophic happens it will be a top 10 coin, and it will probably be bigger. Don't worry about hype.

Here's what matters. Code. It's all about code. Why did Bitcoin succeed? Because it had a huge marketing budget? Mainstream investors? An endearing founder? Why did so many similar decentralized currency projects fail before? The reason is code. Proof of work revolutionized everything. Not because of hype. Not because of anything except for code. It worked. It didn't need anyone's help. It worked because it worked. With or without anyones help, hate it or love it. Fear or greed. FOMO or FUD. None of that matters. The project was designed well. That's all that matters.

>>23028571
>It worked because it worked

>>23028602
I'm saying that it wasn't chance or magic, hopes or dreams.
It was platonic to how you felt about it, this is definitely something people take for granted.
Proof of work was the only system up to that point to successfully protect against double spend. A healthy blockchain was born.

>>23028645
so what, are you saying once it’s bpd price will dump and those staking will profit? and those that are holding wont

>>23028690
I have no clue. But another nice thing about this project is that it's LITERALLY the most transparent cypto ever, so we can see everyone's stakes. Right now there's only 500m or so Hex that gets unstaked the day after BPD (a tiny fraction), I think a billion the day after - again, not enough to move the price.

Now, obviously more people will be staking as we approach BPD, it will be very interesting to see when those people decide to unstake their stakes won't it? If they all unstake right after BPD, then obviously not too bullish as everyone might just cash out then and call it a day.

However, if the price craters, why sell? Why buy if you think there will be a mass dump? The price action has been very strong so far with an unbelievable amount of support around .003 and .002. Some of the initial investors have cashed out, but it's clear that the "whales" (who only own up to .5%(!!!!!) aren't going anywhere. This project has so much going for it.

Now, I do have some money on the sidelines in case there is a mass exodus after BPD, I can see some volatility for sure around BPD. Can't wait to see what happens then. But definitely long.

>>23028875
so if i stake 100k hex for a year what returns am i looking at? how does it work if you can explain it to me thanks

>>23028875
So won't the actual BPD be when everyone sells after BPD... ie. you can buy a lot more cheap

>>23028936
Personally I made an initial investment of around 6000, over the last 6 months I've made $600 by staking. It pays out great APY now as not a lot of people are staked (you can try to swing trade if you want, but statistically you get obliterated). Realistically I see this paying out around 15-20% once it stabilizes. So that's pretty good and not counting the moon mission.

There are a ton of investment tools that have been built, you can check your 100k scenario with the second link.

Hex.live
https://go.hex.com/stake/
https://hex-data.com/
https://hexinfo.io/

>>23028942
Potentially there will be a dump, I'd say definite volatility. But again BPD doesn't really change the dynamics of the holders. Basically the price of the coin gets inflated, and the users can decide then if they want to sell. If no one sells, then everyone basically does a 2x. If the price drops by half, then it's like nothing happened. I think there will be upward and downward spikes. But I can't imagine the price crashing - just because essentially everyone would have to sell half their stack. In that sense, why sell? I envision the price correcting downwards after BPD, but if you're waiting until after BPD to buy, you need the cut in half, which again takes us back to the point of why sell?

>>23029251
I want to expound on this in terms of interest and why Hex (a crypto CD) is designed so well. You can put your money into a traditional CD but it's only going to pay out 2% max. If you factor in annual inflation, you are basically doing nothing with your money. It's better than sitting on a stack of cash, but not by much.

The S&P500 pays out around 10% historically. I can't say for certain, but I anticipate it correcting down in the coming years as we've seen very high growth (which also historically gets corrected). This is where people have their 401k's (which everyone should have if they can btw). It's literally rigged to go up through inflation, 401k's, stock buybacks etc. It's a great way to invest.

If you lend your money to an exchanges you can get around 6% for BTC/ETH. Not bad. If you're going to give your money to an exchange, it's prudent to at least have it on multiple exchanges in case you get MtGox'd. They are able to pay you interest because they have investors that short the prices, and they use that as leverage.

These new DeFi dApps have been paying out great returns lately, but came crashing down. This is because interest at 50% or whatever isn't sustainable. The interest has to come from somewhere.

Hex has an annual maximum interest rate of something like 3.75%, which is only if everyone stakes btw, so it will never hit that amount. So the interest you make on Hex is payed through that inflation.
>Inflation is bad
Again, it won't hit 3.75%, and it's the only way to pay out interest, otherwise where does the interest come from? Can't come out of thin air. Thereby you have an extremely low inflating token, that pays out all of its interest to stakers. To people that hold. Hodling, the most important aspect to any asset.

>>23028875
I miquoted here, there is actually 2.6B that gets unstaked after BPD. But again, a tiny fraction of market cap.

hex.vision

>>23029579
3.69%
>if only you understood the meaning of 3 6 9 you would have the keys to they universe - tesla

>>23030007
Thanks.
Yeah, the point is that inflation is a non-issue. A 3.69% movement in crypto? That's basically your average Friday. And it won't even hit that. And if you're staked you don't have any inflation - you get paid the inflation (and more Hex from people that unstake their stakes). But the dump!? This takes me back to the holders chart, which for crypto is better than I ever would have thought, it's frankly ridiculous. And you can see the "whale" stake end dates.

A lot of people are sleeping on this.

>>23030206
And you have the fucking Ethereum Genesis whales (people who mined the first block of ETH) that are not only invested but staked for 10 years.

Cheers

>>23030206
>A lot of people are sleeping on this.
most of /biz/ is hardcore sour grapes on HEX thinking they missed to boat because their pajeet brains can only think in terms of pnds. also remember that jannies were deleting HEX threads but would allow 20+ l*nk threads to astroturf this board for LITERALLY YEARS.

>>23027592
This is going to be so much bigger than people think. Most of the holders still don't understand the economic and philosophical implications of what is built here and what smart-contracts really can do. Once you truly understand how time and shares operate in the smart contract, you come to the conclusion that it's a win/win system for every participant in the network built with a very long term ambition in mind.

This is miles beyond what Satoshi had in mind. RH is taking it to the next level. HEX is singularity event. It is a physical structure of law set in code to meritocratically monetise time and protect value onwards into an indefinite future, while decentralizing the inflation mechanism of the world, giving power back to the people and taking away a huge chunk of the game theoretic aspects which make the legacy monetary systems so powerful and profitable.

It's an absolutely brilliant idea. I just hope RH fully understands what he has built. HEX is a ticking time-bomb, an immovable force, an inevitable financial revolution written in code. And in his benevolence he has invited you all to be a part of it from the very beginning. He's entirely serious about this becoming the highest, fastest appreciating asset. HEX will be the foundation of a new world. The New Atlantis.

1 PENNY EOY
1 PENNY EOY
1 PENNY EOY

>>23031488
1 penny EOY sounds good, but that should not be the focus. This will be measured in dollars in the future. If you hold HEX you should have at least a few stakes in the time frame of 5-15 years. Not saying you should stake everything, but, if you understand the potential of this project and the way shares work, at least 10-20% of your stack should be laddered in the 5-15 year period. All it takes is a few influential people finding out about HEX for it to skyrocket.

>>23027592
This is the single most bullish coin in all of crypto.

hex is a pyramid
if you didnt buy first month you already lost

>>23030462
>>23032811
case and point

>>23032811
I bought last month and im up 40%

>>23027592
>>23027872
>>23028088
>>23028571
>>23028645
>>23028875
>>23029251
>>23029579
>>23029579
>>23029840
>>23030206
>>23030331

Nice thread. Thanks for easily explaining the retards why this is the most bullish thing I ever saw in crypto. If I had balls I would go all in.

>>23027592
>coin
>a literal token ponzi with extra steps

>>23028167
>>23028333
BITCONNNNNNNNNECT

WOOO

>>23033819
>>23033830

lmao, you say bitconnect when in reality you werent even here when it happened, fucking newfag

>>23033859
Wow ownage. Okay, share your hex referral link, anon.

Hands down Datamine $DAM $FLUX is way better then Richard hearts coin...

>>23027592
I read all your posts nigger I have to admit that it's an absolute fucking piece of smelly shit. Give me back 3 minutes of my life.

What a shitshow...

>>23033913
>ethereum classic is so much better than ethereum source: trust me

>>23034229
not an argument nigger

The no IQ gang is all here:

>>23032811
Mr. Pyramid!
>>23033882
Mr. Ponzi!
>>23033913
Mr. This shitcoin's better than HEX
>>23034229
Mr. smelly illiterate street shitter.

These are not real people. These are copy, paste talking points with no mind behind them. These entities are worse than bots. At least bots don't walk around thinking they're conscious beings with opinions, thoughts and rights.

>>23034517
cope more nigger
not buying a thing that made x100 out of thin air

>>23034595
pray tell. what does a high IQ aryan such as yourself hold?

>>23034595
Nooo it went up too much, too fast, It did what it said it would

This "being" is not a real person. This is a non-entity incapable of thought.

You can criticise the project, but that requires understanding of what it is and what it does, which explains why it went up so much and will continue doing so.

>>23033094
>>23032811
>It goes up so it's a scam!!

>>23034961
>>23035308
I don't want to be mean this is like britain in india mean.

I just want to say for the record to those on the fence that HEX is next in line after bitcoin and ehtereum for paradigm shifts in crypto. And now is a good time to buy.

im staking HEX long term but get a bag of AXN (currently trading under HEX2T). axion is going to pump when it launches this month

>>23035943
I don't want to be mean, but I'm not wrong, he doesn't care and hasn't given a single thought of his own to the actual project, and this level of critique is getting boring, the guy and people like him should feel bad.

As I mention here >>23031025 IMO, once you really understand the implications of the project, you'll realize that rockets to Mars are a pretty cool thing, but RH is out to change how we view and use value, which is tied to changing the very foundation of the world.

The level of bullshit, censorship and vitriol we have to go through, to get people to understand that that this is how how crypto gets adopted, starts to make sense when you understand the magnitude of the implications of HEX.

HEX is how crypto goes mainstream because it solves the time problem, the short term thinking problem. It incentivises people to hold on to their value for long enough that it results in the accumulation of a large enough amount of financial energy to create a competitive alternative market and governance.

There's no real way to hate on it once you understand the problems and how HEX solves them, since it stands for everything crypto has since the very beginning, while going even further. The fact that cowardly crypto influencers who are scared to be the first to say it are ignoring it, is a fucking tragedy, since they're hurting the whole ecosystem.

>>23036694
you're not wrong

>>23037330
HEX is the future of finance. It's way too good to stay ignored by the rest of the space for long.

>>23038331
Go to bed Richard. Nobody wants to talk to you or your echochamber. You can't have my money.

>>23038419
I always wonder what good assets people like you hold.
Which exchange do you give your money to so that it stays safe?
Which is the great coin, that protects and increases your wealth?

>>23038808
I'm not going to be giving you any of my wallet details either. I can't believe how much of the token economy goes directly to you and people still act like you are helping them

>>23038901
>I'm not going to be giving you any of my wallet details either. I can't believe how much of the token economy goes directly to you and people still act like you are helping them

>>23038901
Won't be able to help you though. You seem beyond help. A scared, cowardly pygmy, cowering back into the bushes you sneer from as soon as somebody asks you a simple question.
Are you that ashamed of your pathetic, little bleeding bags? How much have you lost anon? Is it really that bad?

>>23027592
Easy Statera Cucks the Fat Arrogant mans crypto. Ironically has pumped more In less time.

What's the value proposition of STA? What does it do? Are you able to explain it? Give me your best sales pitch.

>>23038901
>people still act like you are helping them
Richard Heart has never helped anyone in his entire life. He's a glutton who only takes, never gives.

>no mass dumps
>A 81% drawdown in eth price.
I still like the early unstake penalty feature, it should work better when the market has more stupidity. Any other coins with a feature like that?

>>23039775
>0Yy

>>23039775
Get back to the jungle and join your friend >>23038901
Perhaps he can give you a bath, you both reek of ineptitude. Two dirty pygmys, sneering from the bushes, unable to even conceive of the concepts of help or value.

>>23039945
You're not improving the world, Richard.
Enjoy another ban.

>>23040081
Are you capable of independent thought bush boy, or does your language consist of only grunts and sneers?

Hex is the best crypt out there right now. It's 100% done unlike every other project in the space. That mean no one has to pay for devs, buildings, ceos, etc. Better get in now before the Big pay day bros. Or don't. The more ppl not in before that date the more I'm able to get, then you can buy my bags when we hit a dollar.

>>23040509
I hope this is a larp. Did you look at where all the money goes anon? I am so sad for you

>>23040509
https://mobile.twitter.com/aantonop/status/1293974232377032705X

>>23041205
My conclusion is that RH is going hard on marketing or another whale doesn't give a fuck and decided to drop a bag for a shout out. I wouldn't say this means much at all.

>>23041205
andreas is such a fucking bitch. can't believe i used to respect the guy.

>>23042224
He's Greek what did you expect.

>>23031025
This guy gets it. The first crypto designed to pay the most to the people that hold the longest. How is that not the absolute best thing for cryptocurrency today? Why the fuck did it take so long?

I think part of the reason people don't trust or dislike this project (without being able to fairly articulate why) is because they feel like crypto needs to do something. It needs to have a partnership with Google in order to moon.

What they don't understand is that it does do something, it's:

1. A cryptocurrency, in the land of outlandish monetary policy and banking shenanigans.
2. It works as a CD with the added benefit of full transparency (what other asset lets you see when people end their investment periods?)
3. It has game theory like stake termination penalties, w/ those coins going back to the holders.
4. It's staking and interest mechanism is entirely self inclusive - no need to give your crypto to anyone/buy off an exchange/give KYC/trust third parties. The contract does everything.
5. In case you've been living under a bridge, staking is the future. Hex mastered staking. It does it better than anyone, it's the first mover, and it's design is simple/deep.

There are similarly minded folk who think that Bitcoin doesn't do anything. But Bitcoin is the next store of value, it will continue eating up golds market share, because quite simply - kids don't buy gold, they buy crypto. The 200B market cap is peanuts compared to golds 10T. Everything is digitizing. We are only 11 years in, trust me there will be paradigm shifts.

Highly recommend Richard Heart's videos on YouTube, especially the early ones. Even if you're not interested in Hex, he covers the world of cryptocurrency extremely well, and is insanely well versed. He's had talks with everyone from Roger Ver to John McAfee. Cheers.

>>23042950
>cryptocurrency
>CD
Pick one

>>23043221
I'd argue that a smart contract (lines of code, if x then y) is actually much more trustworthy than a bank. Decentralized finance, the reason crypto exists in the first place.

>>23043221
has anyone else noticed that HEXies are thoughtful and articulate while noHEXies can barely string together sentences and use pigeon speak?

>>23027592
>Find me a coin with a better holders chart?
TOMOCHAIN unironically

>>23027592
I got 1 million Hex staked for an average of 11 years am i gonna make it?