/biz/ - Business & Finance

Embarrassing for crypto as a whole.

that richard heart guy sounds like a con artist.

>>23551017
he is insanely full of himself but on the plus side he is incredibly public, debates people, very open persona whereas most shitcoins the "founder" is a fake identity and they are insanely dishonest. richard makes no promises about where the coin price will be and he is not a pajeet

Hex is increasingly threatening to take over 12% my portfolio allocation (the rest in bitcoin) but since I'm fully staked there is no real way to rebalance and so I've decided to accept it

Just hold the entire supply and then sell a free to yourself lmaooo

>>23550345
It’s going to dump on the (((big pay day)))

>>23551162
im staked from 3 months to a year wbu?

>>23551195
not possible if most of the hex is staked by then. my only concern is that there are whales staked for a long ass time and i think the huge wales with the massive stakes are richard's other wallets which are holding a minority of the hex he owns.

>>23551208

>>23551458
who the fuck would stake for 15 years? thats longer than bitcoin has been in existence. i guarantee you everyone who staked for 15 years is going to unstake

Pretty cringy anon.

HEX does more damage to the space than good. We should be all in on privacy projects at this point.

>Not checking LOKI.

NGMI

>>23551208
hes shaped like ron paul. am i supposed to be seeing that?

>>23552433
Visualize 2035. No really, visualize it

>>23552433
> everyone who staked for 15 years is going to unstake

Thats the plan, actually. They unstake, I take their penalties.

>>23553134
yeah i wouldnt stake for more than a year, these people who are staked for longer than a year or two are going to unstake and we will get their penalty gibs. after big pay day we should start shilling for people to unstake their coins

axion.network

read this https://axion.network/axionwhitepaper.pdf

>>23552433
>15 years
who the fuck is dumb enough to lock their money in a textbook ponzi scheme for 15 years, what the fuck?

>>23550345
Nice, where do you get your data from?

>>23554980
HEX is not a ponzi, fuckhead.

>>23551241
Dude, 80%+ of the supply is unlocked.
Most people will stake for 1 day to get that 1b$ payday and then dump on your ass lmao.
it's so obvious.
ez dip to buy

>>23555185
Kind of this.

I got me 600k HEX yesterday. Ngl, i'm prolly going to sell it off right before the 19th depending if the price has surged by that point.

Idk, I feel like after the 19th people might start dumping on everyone.

>>23555229
Richard heart usualy says, follow the whales and see what people are doing.
Well for the whole year, 80%+ has been unstaked.
That tells me that most whales are just waiting to dump.
People are fomoing now. but if you are smart get your bags ready to dump on them

>>23555101
if you genuinely can't tell that this is a ponzi scheme, you deserve to lose your money.

>>23555479
Have you seen that Dlive streamer shilling HEX? kek

missed out on hex staking from day 1 for cheap shares.
staking axion from day 1, will not miss out on that shit again.
currently hex is over 3bil mcap
axion is at like 70m
if axion even gets like 1/5th of what hex mcap did.
thats an easy 5x from here.
literally a 5x plus all the staking rewards

>>23554980
>who the fuck is dumb enough to lock their money in a textbook ponzi scheme
the only difference between btc and hex is that btc wastes money for mining.

>>23557021
what?
BTC operates as the means of exchange on its own network, that's where it originally derives its value.
HEX is an erc token, it does not provide the network, ethereum does.
They are not even remotely the same thing.

>>23557021
Uhh you forgot something else

its hinged on Eth value, whereas BTC isn't hinged on some other coin's value

>>23557091
>BTC operates as the means of exchange on its own network
in the same way you can use hex to pay for things on ethereum. There's no difference.
The answer is of course that both are ponzi scams. The only way to get any profit from either hex or btc is to make someone else poorer and take their money. All memes are supposed to convince new people to put their money in (= give their money to earlier buyers).

Satoshi himself mined over one million btc, planning to dump on idiots later. That didn't pan out for some reason, he may be dead or in prison, but the fundamental design was the same.

I have $10k I need to do something with.

How stupid would it be to go all in next dip. We still pumping all the way to BPD?

>long tether with x200
>it goes up by 0.5% in an attempt to match itself to the intended value of 1.0
>whatever you invested is now doubled thanks to the leverage
why dont you love easy money?

>>23557159
but eth maintains a large deal of its value by requiring that fees be paid in it (somewhat analogous to taxes driving the value of USD).
HEX can not be used to pay gas fees, it is an unnecessary token on ethereum that has no utility. Eth can be used to pay for computation on the ethereum network, hex can not. This means so long as people want to use the ethereum network, they will need eth.
HEX has no floor, because it has no purpose.

>>23557367
>but eth maintains a large deal of its value by requiring that fees be paid in it
it doesn't currently, as miners dump all fees, and nothing forces miners to accept eth for fees.
Btc is the same.

>>23557266
10k is a bit much. Invest some on a dip and sell sometime before bpd

>>23557396
but ethereum DOES require that you pay for computations with eth. Operations are explicitly given gas costs in terms of eth tokens.
it's in the white paper, you can not use anything except eth as gas. It is not possible with the protocol.
It might be possible with bitcoin, since fees are purely unspent transactions, but the logistics of it make it not very sensible.

>>23557604
0 gwei gas price is legal.
>It might be possible with bitcoin, since fees are purely unspent transactions, but the logistics of it make it not very sensible.
It's actually easier with bitcoin, because 0btc outputs are legal. Those outputs could represent eg. usdt (omni tokens).
Although that's not going to happen as all tokens shifted to ethereum, leaving btc speculators as the only remaining users.