Why I Sold All My Hex

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3 years ago (Last updated: 7 months ago)

*I sold all of my HEX because I don’t think it’s a safe project to invest in. I’m not saying not to invest in it though. What I am saying is maybe there is more to it than meets the eye and you should know about all of this before you decide to play the game. I did anyway and earned a decent profit before I looked into HEX and sold out everything after extensive research.

Now I’m not perfect nor am I an expert on DEFI or cryptocurrency (because no one is), but I am putting this out for people to critique and find mistakes or errors before I make a video and put it out to everyone. I’m only hosting this on Read.cash, for now, to monitor all the replies in one place. If you disagree with my recommendation that is fine and you can be upset in the comments, but I’m only paying attention to corrections that need issuing as I expect massive backlash due to this being all speculative and people need to protect their investments. I understand and am sorry that you’re caught up in this, but new investors need to know.

After some time, I will issue all the corrections and then make the video report on all of this and walk you through where all the sources were listed as well.*


From my understanding HEX works like this…

HEX uses a certificate of deposit in the form of staking to achieve a high interest return. This is considered to be the use case and utility of HEX. Considering staking is really a consensus model, I wouldn't really consider it a utility or use case. While CDs on the blockchain are an innovation, I don't consider staking itself as a product. For example, I can stake on Hive, but that's not a use case for Hive, the use case is blockchain integrated social media.

Now let's go back to the beginning...

For everyone who had Bitcoin during the time of the snapshot can claim free HEX. The snapshot was taken December 1st, 2019 at 7PM EST so if you had BTC at this time, you are eligible to claim HEX before it expires after 50 weeks going down 2% a week. To be exact, you had to have had BTC in your own wallet and not on an exchange at block 606227. In your own wallet, you can request an airdrop of HEX. The keyword here is in your OWN wallet. If you have BTC on an exchange, then you won’t get your airdrop, but the HEX was still minted.

For every 1 BTC minted, there were 10,000 HEX created. Given this was done up to December 1st of 2019, then there would be hundreds of billions of HEX. Currently, there are 400+ billion in circulation which is 100 billion more than when I originally wrote this.

This fund goes down by 2% every week you do not claim as these funds are distributed to stakers. The thing is, that after just under 1 year, you cannot get your airdrop and the stakers will then take your airdrops.

The issue is that all of this HEX was being created to mirror Bitcoin, but it has no value built into it. There was no difficulty in mining it, it has no scarcity, supply cap, or novel use case.

Not only that but when the big pay day comes November 19th where about 200 billion HEX will be given to stakers. While this is well and good, later we will dive into how he is using the origin address funds and sending them to 10-12 addresses to stake and take up more of the rewards. With him controlling fees, able to infinitely print HEX up to November 19th 2020, and the ability to stake up more and more to take more of the rewards, he gets all the winnings in a zero sum game by design.

It’s inflating at about 3.69% after the first year of massive inflation for airdrops which is double what Bitcoin is now and it has no supply cap so it will go forever. The idea is that it will mainly go to rewarding long-term holders, but to get those gains you must stake for years at a time. The unfortunate thing is, if the price goes way up and you want to sell, you receive unstake penalties. You lose 50% of your gains when you unstake. Also, if you unstake halfway through your stake period, you just get back your original stake. If you stake out earlier than that, you will lose HEX. The whole point is if you hold your HEX and get more people using it, if they stake out or for people who don’t claim any HEX, you get some of their HEX. Now for some reason, it doesn’t explain this anywhere on the Hex sites that I could find, but when you stake your HEX, you are actually burning your coins and replacing them with HEX pool shares. It determines how much HEX you should receive when your stake has completed its cycle. In my opinion, this is to ensure that you won’t just unstake since your coins have already been destroyed, you have to wait at least 50% of the stake time to just get your original investment back. Hex Wiki explains the burning aspect: http://hex.wiki/what-are-shares.

Now you have to consider that given by December, let's estimate Hex hits about 800 billion in supply since we're already past 400 billion which is what Richard Heart has been quoted as saying somewhere between 400-800, then what should that do to the value? Well at 3.69% inflation, every year, almost 30 billion more HEX will be given out. The only way that this is valuable is if you are staking and earning a huge chunk of that while hoping that speculators keep buying. The only way this can be sustainable is if new investors are coming in to keep this going because it has no scarcity to it.

HEX has no use case beyond CDs, it has no applications, it has a rate of inflation about double what Bitcoin has and I don’t know of anywhere that accepts it as payment. Many people call it a scam or Ponzi scheme because now everyone who has HEX is just trying to get others to get involved to get more HEX from them. While the value doesn’t rely entirely on you getting more people involved, it’s heavily correlated. This isn’t even the worst part of this.

While all of this is unideal, it’s not necessarily a scam. Everything is speculation more or less. The real sketchy part of this is where your unclaimed HEX and the billion of Hex in pools for ETH minting from the first year are “sold” only via Ethereum trades. That Ethereum is then kept on the flush address which obviously Richard controls. Even if Richard doesn’t own it, someone does. While there is no proof of ownership, someone obviously has to have the access to that and who else would it be other than the owner? Say it is someone else, well the problem remains the same. That one person has the ability to take that ETH and mint out the HEX from the pools until it all runs out and they keep all the ETH at the end of it. A good analogy to this is, I give the bank my gold for their dollars, then they take all the gold from the bank and trade that for dollars. The gold was meant to represent the value of the dollars, but instead, it is used to pump the value artificially. HEX was created from nothing in order to farm people’s Ethereum and if HEX got lucky, it would also have value if enough people fell into it which is what has happened.

Consider this, why would the creator of HEX or whoever owns the flush address even want to keep this huge quantity of ETH just sitting around? In my humble opinion, it's waiting to be used for price manipulation, being used for price manipulation, or they just want to hold the ETH. But why? If Hex is better, why hold ETH? It’s because even Richard or whoever owns the address prefers ETH to HEX. Now that person may just take the ETH and sell out or maybe that person buys HEX continues pumping with the ETH, but it will only go as long as people don't realize what's going on or believe they can still make profits before it fails.

Also, you are penalized for unstaking late. Say you stake for 2 years, but you forgot about it and came back in 4 years, you would have 0 HEX left because every day you are penalized 0.143% after a 2-week grace period. This relies on people to forget about their HEX and benefit from basic human psychology. Interestingly enough you don’t see much of these rules and restrictions when you try to stake or look at the website and search for “fees.” It’s your choice to stake, so that’s fine, it’s just obviously designed to take advantage of people.

While it’s free to claim, you have to consider that it dilutes the value every time someone claims HEX because they’re being created out of nothing. Every time this happens, the person claiming is actually taking a fraction of the value of the total value of HEX and keeping it for themselves which lowers the value of everyone’s HEX.

The origin address is paid a copy of all bonus payments and penalties.

 — Speed claim bonus

 — Referral bonus

 — We Are All Satoshi increments

 — Critical Mass/Virality bonus

The unstake penalty is split where half goes to the origin address and the rest goes to stakers.

So this way Richard has a bunch of the HEX in the origin account and all of the Ethereum used to mint HEX in the flush address. This means that every day he could technically manipulate the market by boosting the trade volume minting coins and trading them around from these addresses which we dive into later.

The supply is inflating so rapidly in the first year, that even with the 3.69% afterward, the value shouldn’t technically be sustained. It started with under 2 billion and in 5 months we were at 142 billion. 7 months in and we are at about 215 billion Richard has estimated it will end up at anywhere between 200-800 billion HEX in the total supply by December of 2020.

He claims that if he reveals any information about the flush address, then the token will be deemed a security token, so he cannot reveal it. How convenient.

In his book, “sciVive,” he explains that he previously participated in scams, MLMs, etc. buying low-quality stereos and fake gold out of the backs of trucks. Now whether he was being scammed or participating in them, he seems to apparently knows everything about what a scam is by definition thus making him the perfect person to craft what is close to one, but not legally liable as one. One of the most common tactics of scammers is to say how much you hate scammers and how everyone else is a scammer and you don't like them so much that it puts them above questioning.

Scivive Outline: https://archive.org/details/SciviveBookOutline/mode/2up

In multiple interviews, he brags that people who used be scammers and who are still alleged as scammers are now using his token and promoting it and that he has converted them into "honest people". Realistically, the simple solution would suggest that they see this is a scam too that they can benefit from by getting more people involved as they have previously.

Again, it’s important to note that the more people involved, the more the stakers will earn from all the penalties and bonuses.

Some people will say the same criticisms have been lobbed at Bitcoin, well that’s not the case. Let’s quickly go over how they differ.

Bitcoin is scarce and there will only ever 21 million in existence. Every year the inflation rate goes down and less is being minted. So currently its inflation rate is 1.8% which is less than half of HEX’s. HEX is not scarce as there will be upwards of 800 billion by the end of the year and that will inflate at 3.69 indefinitely. HEX needs more people to bring more value, Bitcoin should go up in value over time due to inflation halving and mining difficulty. Bitcoin may not be the best for fees, but it certainly has more utility and liquidity being traded everywhere, having Bitcoin ATMs worldwide, and almost everywhere that accepts crypto, accepts Bitcoin. Tons of the HEX fees are going to the creator and stakers, whereas Bitcoin fees go to miners to pay for running the network. All the ETH used for minting goes to the owner or whoever the owner gave the keys to the address to which could be used for price manipulation which isn’t an issue with Bitcoin. We know who the creator is and he has scammed people before and wrote about it and then shared that book about his scams with everyone. The company associated with HEX: StakeHEX LLC which I touch on later, was shut down for evidence of market manipulation whereas Bitcoin has no such claims or charges against it.

Common red flags of fraud are difficulty receiving payment, the earliest joiners take from new participants, incentivized to bring on more people who may not receive the benefits, complex fee structure, unregistered investment, high returns with little or no risk, and overly consistent returns.

This archive explains everything: https://archive.ph/AjfcV

There are screen grabs and tons of archived messages included here. The most interesting was Richard stating that the only way HEX gets USD value is through onboarding new users. That is very similar to a pyramid scheme, not that I’m claiming this is one, but the strategy is almost the exact same.

Their business address is a UPS store in Wyoming for StakeHEX LLC. They also had to close their doors due to evidence of possible market manipulation on their HEX tool application confirmed by their analyst and Founder of StakeHEX LLC.

Richard is very critical of people who call HEX a scam or a Ponzi obviously because he wants to keep getting your Ethereum. The interesting thing is, by definition, technically he is right. In interviews, he always focuses on the textbook definitions. It’s not a scam, no. But it is a very flawed project that could collapse whenever all this information is widely realized and understood.

One last thing to note, everywhere that you see Richard Heart displayed is a weird mislead. His real name is Richard Schueler. On all his social media, anywhere he is associated with HEX, and even on the HEX website, his fake name is used. One may wonder why someone’s fake name is used in place of their real name. I’m not sure what advantages this provides, but I can bet there’s a legal upside to never using his real name, maybe someone in law may have a better perspective on this.

95% of the information above can be found if you do some digging and a lot can be found on their sites so feel free to dive into some of the information: https://www.hex-win.com/f-a-q and https://hexinfo.io/

You can see information about HEX and many statistics on CoinMarketCap: https://coinmarketcap.com/currencies/hex/

By the way to back up what I mentioned previously, note that 7 million USD worth of ETH was withdrawn from the flush address in January - https://cryptodaily.co.uk/2020/01/48k-ethereum-hex-flush / https://cryptoslate.com/hex-origin-address-emptied-out-almost-7-million-withdrawn/ - The pump in April from 0.0005 all the way 0.006 which is nearly 10x could have been spurred on by all that ETH which would get pumped right back into the flush address. In this way, they could have simulated hundreds of millions of dollars worth of trade volume with ease then sell it all out in ETH thus increasing their supply to continue creating artificial pumps at higher volumes. I cannot prove any of this, but Richard claims he cannot reveal the owner of that ETH so we will never know.

On this live stream with Crypt0news https://www.youtube.com/watch?v=VY4xY09h0yc&feature=youtu.be&t=5219, Richard admits that all the bonuses and payments sent to the origin address are sent to 10-12 other addresses which stake for 10 years. What this means is the fees that you’re paying are not only going to him and the stakers, but all the fees going to him are then creating stakers to suck up more of those fees in a way that Richard will continually grow his stake exponentially while the inflating currency goes to 0 or he is making crazy profits on it on top of already having all that HEX and all the ETH used to mint it.

Many other people have broken this all down for you:

-          https://www.reddit.com/r/CryptoCurrency/comments/ebzzw4/exposing_how_the_hex_origin_address_gets_paid_a/

-          https://www.hexscam.com/

-          https://bravenewcoin.com/insights/what-the-hex

Keep in mind, they have a huge disclaimer you can read here: https://hex(dot)win/disclaimer.html < replace (dot) with a "." - (It's not allowed to be linked)

The key points being these two:

1.       “If you've read down this far, congratulations. You will notice the theme of all of the above text is that you should have absolutely no expectations of any sort regarding anything, and if anything goes wrong, you shouldn't look for redress anywhere, and you should receive none. When you send ETH to the contract, you don't get the ETH back. Donations can be made by sending ETH directly to the contract without running the joinXfLobbyfunction. Software is hard. Blockchain software is harder. We're lucky any of this stuff works at all.”

2.       “HEX is not a security. There aren't actually any coins, they're just numbers in a distributed database. No one is actually given anything … They're just numbers living on the Internet. The code can do nothing on its own. People can run the code if they want to, or not. The code can do nothing on its own but sit there.”

Do note as well that it doesn’t have a whitepaper so there is no clear outline for what the HEX is actually designed to do other than the marketing jargon used on their websites where Richard uses his fake name.

StakeHex.com realized in February how much HEX was being manipulated and put out this message on their website you can view below or here: https://www.stakehex.com/

“We're closing shop...

Due to evidence of possible manipulation of the HEX market value, I can no longer recommend HEX with a clean conscience.

I have removed the HEX Tool from the app stores, though I don't have a way of removing it from your phones, but I ask you to please delete it from your phones.

If you have any questions, feel free to reach out to me at support@stakehex.com.

It has been a wild ride; I hope you all succeed and get rich. I've made new friends and learned a ton. You're all amazing; keep in touch! I'll be watching from the sidelines.”

After everything, you may still be thinking well so what. He’s taking all the gains and manipulating the price, but I can still make money on it. Yes, you can. I know because I did, but there’s no way you’ll ever know when it all comes crashing down. The recent pumps could have just been him using all the ETH from the flush address which just goes right back in. He can keep doing this to “prove its value” through trade volume and demand with artificial pumps. He has all the control though, we don’t know what’s going on and have no proof of anything happening yet. People say oh well if it hasn’t happened, then it should be fine, but the fact that it was set up to allow for this on purpose is the concern. There is obviously a reason for it, but I don’t know what.

Some people will say these criticisms could be and have been used against Bitcoin, but no. Satoshi is not able to infinitely create Bitcoin and manipulate the market. Richard can do so, has done so, and will continue doing so while the majority of all HEX payouts to stakers will slowly shift towards him more and more as he collects fees, prints free HEX before November 19th, and enables 10 year stakes.

 I want to highlight one comment that was really succinct from @purasilusiones:

"Well at 3.69% inflation, every year, almost 30 billion more HEX will be given out [yearly]. The only way that this is valuable is if you are staking and earning a huge chunk of that while hoping that speculators keep buying. The only way this can be sustainable is if new investors are coming in to keep this going because it has no scarcity to it."

So in summary, anyone new coming in has to compete against everyone else who is staking for a share of the rewards. Considering there will only be 3.69% inflation, there will be a set amount of rewards to give out each year, and the more people that are staking, the fewer rewards there are to give to you. As I explained before, Richard said the OA was staking HEX which will naturally takes more and more rewards away from you.

Let me know what you think about all of this. It’s concerning, to say the least. I’m sure I could have gotten some stuff wrong, so please comment and corrections needed below. Simply saying I shouldn’t criticize it or that falsely accusing HEX of being unethical isn’t a real criticism. I’m not calling it a scam but I am recommending you do not participate.

If that wasn't convincing, this article here is twice as extensive and fills in all the gaps I missed: https://wantfi.com/richard-hearts-hex-token-is-a-brilliant-scam.html

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3 years ago (Last updated: 7 months ago)

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I haven't been watching the HEX situation very closely, but any time someone makes a claim like, "I've converted the scammers into honest people," I'm out. That's an obvious fabrication and tells me someone can't be trusted. I don't need to know anything else.

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1 year ago
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1 year ago

There is so much wrong and misleading in this article. Did you make the video yet? Before you do YOU NEED to join the Hex telegram group and ask about all of your concerns. All of them have been addressed in the past.
For one thing only circulating supply affects price and given that a high percentage of total coins are staked at any one time and inflation is only paid to stakers, the total supply that you are so concerned about it's not a problem. HEX is the first blockchain CD. That is it's use case and what gives it value. Go and read up on the concept of the "time value of money". You obviously don't know enough about economics to have written this article. Please stop. Please take it down until you've corrected it. You are spreading misinformation.

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3 years ago

Bought your Hex. Thank you very much !

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1 year ago

Awesome my friend, good luck always

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2 years ago

I never trusted HEX as well.

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2 years ago

You don’t trust Math? You don’t trust code? That’s the beauty of crypto

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1 year ago

Awesome sir i like and so impressed after see your article.

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2 years ago

I know of HEX and I also got the uni airdrop because of it but after learning of recycling a decided to dump my holdings. I can't hold an asset that is involved in recycling and after that, I never looked back into that project. I still have a few HEX in my wallet but I am not going to exchange them because the balance is too low and the ETH fees are just too high. Otherwise, I would have sold all of my holdings a long time ago. To me, HEX is a scam because Richard is enriching himself with the origin address and even if it is not him I will still classify it as such because someone is manipulating the supply of the whole asset.

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2 years ago

Absolutely spot on, agreed :)

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2 years ago

It's better to be cautious, you did right

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2 years ago

So you think it's a scam?

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3 years ago

Thanks man. Your article always helps me in online marketing. Great work. Need more from you in the long run.

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3 years ago

Thands man.Your article always helps me in online marketing. Great work. Need more from you in the long run.

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3 years ago

Thanks you so much for sharing this article. Your article always very nice and lovely..... Your article also help me and everyone...... Thank you man...

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3 years ago

good iinformation my deear,,, carry on

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3 years ago

Well thats nice article. Thanks for sharing!

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3 years ago

Hex is not a scam, you obviously have not done your full research as you said it doesn't have a market cap, so I wonder if you even bothered researching it? Because Hex has a market cap of just over 400 billion, I believe it is 440 billion, it also has a great community behind it and has its own public white paper so you can fact check everything, it really irritates me when idiots do not understand it and then call it a scam, I am so glad I didn't listen to people like you last year and did my own research because as of today I am up more than 200X http://HEX.com/?r=0x37cbA2A36EB90CEd53a22850a38cdA9DFB405b68

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3 years ago

Nice please ask me how to take it .

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3 years ago

That's very informative article, I will gonna go bitcoin mining soon.

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3 years ago

What is this HEX please tell me about it

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3 years ago

Nice article

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3 years ago

😊

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3 years ago

Such a spectacular writing 🔥

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3 years ago

Hi Scott, I personally bought Hex in March and sold them 3 weeks later, I did a short trade, and earned over 200%. Then I saw HEX increased over 900% vs lows in February. I think if you use it for short trade, it's OK, not for long. I don't like penalties concept. However the problem of the dip price isn't something only proper of Hex, it corresponds to every overinflated crypto assets and none of every crypto assets is a guarantee that you will make money out of it. Sometimes people have high expectations and the opposite happens - for example BNB. Or they don't have much expectations, and it can become the most top crypto of the year - for example Tezos in 2019. I am personally more into deflationary tokens, that's why I decided to burn minting baton and cut 10% of all our RFND supply, somehow it brings more confidence of our investors.

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3 years ago

Exactly. I profited off HEX so I had no reason to then say what I've said aside from having done the research, but I would never go back in because it's easily the riskiest crypto I'm aware of in the top 250. Yeah I mean BNB at least has the use case of cheaper fees for their platform though. While people CAN make tons of money on HEX, I don't recommend it nor think it is safe.

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3 years ago

Its a very long article even though i tried really hard to keep on track but still lost it completely near the end. My question is if i sell a few hex that i have kept in my wallet, where else should i invest them in. Im thinking of keeping somthing for a long term as in a year or two atleast without touching.

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3 years ago

There are plenty of safer stakeable coins. Check out my previous article on the ways to earn passive income with crypto. If you want to just hold I'd say BTC. Not financial advice though

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3 years ago

Hi Scott, I didn't see any mention of the fact that staked coins are burned, which reduces supply (less inflation).

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3 years ago

How are they burned? You mean the fees? They are given to Richard and the other stakers which are based on stake held by majority Richard because he said himself that all fees going to the origin address go into 10 year stakes so he is taking your fees plus taking up a good portion of the rest meant to be given out to everyone.

If I'm missing something please send me a link to the reference and I will include it.

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3 years ago

All staked coins are burned/destroyed at the time they are staked.

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3 years ago

But you get them back plus more so how is that different? I don't see the word "burn" anywhere on the entire site of HEX. Please point me to where it says this

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3 years ago

See the Hex Transform. You get them back at the end of the stake period plus interest plus penalties.

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3 years ago

Ah okay I finally found that is the case. Says it no where on their site which is odd. Made the correction, thanks!

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3 years ago

Glad you made a decision for yourself. But you will regret it later as Hex will fly even more. Just saying.

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3 years ago

Thoughts now?

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3 years ago

Thoughts now? I'm not disputing any claims you've made cause I'm not educated enough on the subject & I've watched the rise of scams like FXCash but HEX has grown significantly over the last year and more recently held its value while ETH & BTC shed 50% in 2 months

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2 years ago

Hex just tanked over the last month. But yeah I always said price doesn't indicate legitimacy, so nothing has changed since writing this.

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2 years ago

Hex will fly next 3 months ;) BPD Price has held up nicely after 133x pump.

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3 years ago

By the end of the year. Hex may be inflating at 30 billion a year :O

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3 years ago

But the share price for staking rockets as it is based on the share rate decline and the last highest ROI. So on BPD share price will rise sharply.

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3 years ago

Maybe but so will many safer coins that don't have all this sketchy stuff going on

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3 years ago

Right from the beginning I got a bad feeling about Hex. Sure some people may have made a ton of money but I always felt there was something shady about it.

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3 years ago

I didn't really think about it and I guess it's important to know something about it especially that it involves money. In this way, you also shared your idea and by that we can learn and be aware of what we should do.

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3 years ago

It's like you just give your ETH to them and give you some HEX and when you tried to retrieve it they will never give it back to you and plus the penalties of all the wrong move you will do, they do old tricks to be real its kinda looks scam anyways.

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3 years ago

It’s inflating at about 3.69% after the first year of massive inflation for airdrops. The idea is that it will mainly go to rewarding long term holders, but to get those gains you must stake for years at a time. The unfortunate thing is, if the price goes way up and you want to sell, you receive unstake penalties. You lose 50% of your gains when you unstake. Also, if you unstake halfway through your stake period, you just get back your original stake. If you stake out earlier than that, you will lose HEX. The whole point is if you hold your HEX and get more people using it, if they stake out or for people who don’t claim any HEX, you get some of their HEX. Now you have to consider that given by December, hex has about 800 billion which is what Richard Heart has been quoted as saying somewhere around that, what should that do to the value? Well at 3.69% inflation, every year, almost 30 billion more HEX will be given out. The only way that this is valuable is if you are staking and earning a huge chunk of that while hoping that speculators keep buying. The only way this can be sustainable is if new investors are coming in to keep this going because it has no scarcity to it.

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3 years ago

Exactly. Very great summary of the issue.

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3 years ago

Nice decision babe😘

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3 years ago

Worked out well, now that it's way down eh

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3 years ago

I think you definitely made the right call.

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3 years ago

I think so too haha

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User's avatar scottcbusiness
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3 years ago

Thanks for share with us.

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3 years ago

An excellent article written by Scottcbusiness about HEX. Thank you so much for the nice understanding.

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3 years ago

I don't even have an idea what he is

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3 years ago

Thanks forfor info.

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3 years ago

Thanks for sharing..

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3 years ago

thanks for sharing

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3 years ago

Humm good.Its a good article.Thanks for sharing and well done.Thank you so much and go ahead.💖💖

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3 years ago

Thanks for share

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3 years ago

The article has been very nice. Hopefully in the future you will give us more good articles like this. Thank you.

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3 years ago

Full explaination it has been..atleast we have an idea why..im sure theres a lot of readings and research to do in investing on something 🤔

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3 years ago

Thanks for the fact based write up.

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User's avatar Mrm
3 years ago

nice one sir you are great

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3 years ago

I like this article, well explained. Thanks for sharing

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3 years ago

For me its hard to possessed all kind of cryptocurrency because its hard to monitor their value at once.

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3 years ago

Ok maybe this is a good idea to sold all yours Hex

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3 years ago

Thanks you. Nice article

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3 years ago

Its answer my quest ' thank you

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3 years ago

wow goods writing.. Thanks for sharing with us

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3 years ago

Thanks for sharing with us

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3 years ago

This is really helpful

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3 years ago

keep on sharing good and informative content

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3 years ago

Thanks for writing this here in readcash so we can read it and know about it. Very informative article sir

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3 years ago

Nice informative article

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3 years ago

Good to know

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3 years ago

Good article

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3 years ago

This article is very helpful and important. Thanks for this article share with us.

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3 years ago

Nice article

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3 years ago

good article.

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3 years ago

I try my best to do not participate

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3 years ago

Nicely done

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3 years ago

Nicely done

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3 years ago

Nice one

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3 years ago

Lots of new crypto thingy in here

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3 years ago

Great article dude, keep it up 👍

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3 years ago

Inimalism changed verything

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3 years ago

Nice article bro

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3 years ago

visit my profile and view my Article and subscribe now

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3 years ago

place subscribed and like

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3 years ago

Good article thank you

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3 years ago

This made for a very educative and informative read especially for a newbie like me in the crypto verse. Thanks for the fact based write up.

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User's avatar M3i
3 years ago

This project sounds like someone have the copy of your private key of having the means to deduct your coins/ token?. The promoter of this have too much power to control everything, too centralize . Lastly, the disclaimer alone is a red flag, and this project sounds notoriously scam, I'll check this later.

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3 years ago

He can't take your crypto, but if you stake you may lose it all your gains, and if you hold it may be inflated so hard it will be worth nothing

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User's avatar scottcbusiness
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3 years ago

Thanks for sharing this. 👌

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3 years ago

Thanks for your information

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3 years ago

fine

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3 years ago

Nice article

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3 years ago

Just dropped by to thank you, for the sponsorship. Cheers!

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3 years ago

Considering the above all information about HEX. YOU ARE RIGHT and respect your point of view but this is your own opption.

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3 years ago

do not understand, because so much roll, works with bitcoin and ready, if they are cheats, goodbye with them, and nothing has happened, since we can not be the owners of the world.

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3 years ago

I wish you to notice me too. Thanks in advance. I really love your articles because it's very informative.

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3 years ago

It's a wise choice. Good job.

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3 years ago

its just weird, keeping the money seems nothing change like you are also staking it. you did enough ❤️

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3 years ago

All I can say it, money isn't permanent. It is just like a machine that keeps people going and after all, gaining more or gaining less won't define you, but the thought of how you gained it does define you and me. Money has no value, people gave the value. I don't like the idea of some of those though. Still, it's their way.

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3 years ago

Of course, I just don't want someone going in with false hopes

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User's avatar scottcbusiness
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3 years ago

Exactly! And what you just did is pf great help already.

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3 years ago

Very nice article

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3 years ago

Thanks mate

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User's avatar scottcbusiness
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3 years ago

What the hexx..😁😁

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3 years ago

I get some knowledge of HEX from your article. Thank you sir.

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3 years ago

Kudos for telling the truth and warning people.

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3 years ago

Very creative because you wrote a very long article. Wow! Please notice me too. Thanks in advance.😊

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3 years ago

They dont paying fair

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3 years ago

It's really not worth investing there, It's like you just give your ETH to them and give you some HEX and when you tried to retrieve it they will never give it back to you and plus the penalties of all the wrong move you will do, they do old tricks to be real its kinda looks scam anyways.

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3 years ago

Extensive research Sir I was also having double thoughts about their platform Thank You

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3 years ago

This is a nice article and I believe you have some really concerns because Hex have the model as ponzi scheme, the more you invite the more you earn, they can have different methods but at the end it will be a clear scam, I compare It with Onecoin which start their operation on 2014 and spreaded the word that they will be better than Bitcoin, created even an educational package to make it be more realistic to investors people invested $4 billion on that and the project was just a Scam, one thing with fraudulent business, they work hard to make it looks legit to people fall for it, I am glad you step out from it, good day🙌

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3 years ago