/biz/ - Business & Finance

>>24695820
Its a scam

>>24695820
like every other overly ambitious little scam token, it had zero legitimacy, use case, or backing

you cannot simply declare your shitcoin to be "the future of money", unless your plan is to coerce rubes into trading their precious ethereum and bitcoin for it, before you cash out and leave the project to crash and burn

there is no such thing as "designed to go up in value", it doesn't work, because the market is not a computer that agrees to your scheme, the market consists of buyers and sellers, who understand the value of something that tries its hardest to fake its value through rebase mechanics, is actually zero

>>24695820
Fpbp

>>24695820
lol 4000% up since jan isn't enough? you are fucking retarded and don't deserve to make gains with hex poorfag

>>24695820
This big pay day was it's peak in terms of hype

>>24697732
richard will (exit) pamp it at some point with all that AA ethereum, just a question of time really

>>24697732
it was also the last time that many tokens will likely be circulating at the same time. Even if it is just the same hextard circle jerk keeping it afloat, there's no reason for it to dump significantly from the downward action of the actual big payday selloff.

the people still in it are pretty stronghanded and believe in the long hold, it may go sideways forever, it might lose a good chunk of it's value if there's too long with no hype, but either way the risk to reward at this point on the chart is pretty favourable.

>>24695820
y´all niggers in a troll thread

>>24697816
This is also true. I believe this to be a scam for sure, but right now he is sitting on a huge chunk of the HEX, and so obviously this isn't over. If this was designed to end after the BPD, he wouldn't have paid himself a super conspicuous amount of HEX in the smart contract, that aspect of the project turned a huge portion of people off. He minted himself a tonne of HEX because there's a part ii to this story.

>Designed to be World reserve currency/Store of value
Was Richard trying to become the next Rothschild? He owns half of the supply, lied to people how there was no pre-mine and then went on attacking Satoshi because he holds 1% of Bitcoin supply. RH is literally like a Jewish version of Craig Wright.
>Designed technically to appreciate and go up in value
It was designed to enrich RH and few of his selected accomplices.
>Dumps every single day
The main function of this token is to print inflation which is supposed to be sold on the market for profit so yeah unless you have constant money flow coming in it is going to depreciate.
>Soon zero volume
The fate of every crypto scam.

Is t it the same with axion?

>>24698586
>version of Craig Wright
craig has never created any coin
he is not a dev

>>24698586
>The main function of this token is to print inflation which is supposed to be sold on the market for profit so yeah unless you have constant money flow coming in it is going to depreciate.
It does print inflation, but only if coins are locked beforehand. I understand the implications of your graphic, but the time that those tokens are spending burnt and not part of the circulating supply DOES matter in terms of economics even if it's clear that these kind of huge short stakes are cheesing the system.

>>24698586
>RH is literally like a Jewish version of Craig Wright.
I don't think you're wrong, but I also think that this scam was particularly brilliant and I don't think it's over
After following him for a while, I think his ambitions are in the billions for his grifts,
much more than the amount he's taken in eth and stands to make from slowly bleeding HEX with systematic dumps.

Don't buy into the HEX's pitch, and don't buy into Richard Heart, but don't ignore the opportunity here

>>24695820
it is a finished product and a comfy hold for me. plus i´m in the green. right now i could´t care less about all the other chink / jew / nigger / pajeet / autistic and anon projects out there. fuck all of these!
i´m oversaturated of all these announced announcements, partnership memes and hilarious projects without even a testnet since 2017. it really is a complete shitshow observing all of this flavor of the month launches. holding BTC, ETH and HEX plus buying low and selling high to you faggots is way better for my mental health.

Still holding HEX for long term. Shane I couldn't buy more this last dip.

>>24695820
It doesn't generate any value. BTC has value because if can be used as a value of exchange. HEX is a shit token which rewards you more of itself for not using it.

>>24699049
Idk if we're out of the woods on this dip,
but I might be hopeful because I too left a little of my risk stack on the sidelines

Defs comfy after getting in at decent times on the AA, getting the free uniswap money, and then swinging to increase stack.

We all knew it was going to dump hard after the BPD,
scam or not, its just math, and with all those tokens circulating and with less incentive to stake with no future BPD,
it obviously is going to take some time for RH to pump enough 4 exit.

>>24699270
HEX is a scam, but rewarding you for not moving it around is a great way to increase price.
The fact that bitcoin is slow and expensive, for example,
helps it's use case as a store of value, if it were easier and cheaper to move, it would be moving constantly and never stop long enough to accumulate value through decreased supply.

I know these can be difficult concepts for people with meme level understanding of crypto

Not a scam.

>>24699391
Other than the unfounded fear that RH would crash his company for the lulz where is the scam? Though even that wouldn't make it a scam, since it's a known risk that you're buying into a coin with a large whale holder. This is imo the last and only fud left right now and it's getting more ridiculous by the day.

Otherwise you seem like you get it or at least understand the value prop.

>>24695820
>1 post by this ID

also fuck OP for the obvious FUD campaign he´s on

>>24695820
Needs a usecase besides being a ponzi. early guys dumping on new guys can run only so long.

>>24695820
obviously, cant be a reserve currency when every penalty gets paid to richard and he owns already 90%

>>24699441
Wojak.FEEL wasn't a scam either, because people said it was a scam.

>>24699572
This.