Where in Bitcoin you need to buy miners to get new BTC, which has always been less profitable than buying the token itself, in HEX you need to buy the coins to do the same thing. More coins staked longer are the same as more and better mining gear.
HEX has less negative externalities. Doesn't benefit centralized mining cartels and China's energy companies who pollute the environment. Less waste of energy, due to using Ethereum while providing value to the ETH network as a result.
Long term HEX holders actually get rewarded for such behaviour by getting a larger share of the overall network over time if they stake, whereas in Bitcoin, the amount of your coins stays the same if you hold.
The criticisms raised against HEX can be said about almost every project. Same as Bitcoin or Ethereum were called scams in the beginning, now HEX is labelled as such, due to being a complex and novel idea, that people still largely misunderstand. It's going to take time for people to get how much better it is and why.
If you like Bitcoin, HEX just does everything better, while providing new features, which allow it to take on a much larger market, both store of value and time deposits. Payments and anonymity are also possible through layer two solutions.
i rather have 10 out of 21 mill and a lot of liquidity, then some peanuts of a 600 billion coin, where half is owned by 1 dude. it also relies on eth not failing, so no, bitcoin all the way
James Gonzalez
imagine being this dumb and using top 100 holders. 1 dude can have multiple accounts and it got proven that richard has so many of them.
Elijah Cox
Bitcoin has an extremely centralized mining ecosystem, where 65% of the miners are in China. This is the centralization which actually matters. The gamble you are making is trusting China more than RH in this case.
Holder centralization only matters if they decide to sell. If they don't and use the coins to incentivise better behaviour, such as it's done in HEX, then it's a feature not a flaw.
If ETH fails the whole HEX system state can be transported to another network, so that's not a problem.
Meanwhile HEX does almost everything better than BTC, while doing more and having more room for upwards trajectory. If you like BTC, hating on HEX is entirely misguided.
Jonathan Brooks
They're obviously split among many different vallets. I would Estimate Richard's actual holdings to be around 60-65% of the ecosystem, which is still less than Link, BAT, AMPL or many other tokens.
I'm not hating on the centralization as such though. It matters only if the holders sell. As far as I know, AMPL and Link has constantly been dumped on holder's heads, while the HEX held in the origin address and addresses related to it has just sat there untouched.
Oliver Phillips
axion will be better, soft for of HEX launching end of oct/early nov
Comparing a centralised premined scam token to btc, nice try titchard
Aiden Allen
I seriously doubt you understand how Bitcoin works.
Chase Baker
They're simply stupid user..
Jayden Richardson
richard heart is provably inflating the supply and price by recycling ETH into the contract. imagine falling for the most obvious shit scam ever, the guy just makes his machine go bbbbrrrrrrrrr and he can sell infinite amounts at inflated prices because he just fakes demand to the moon.
David Hughes
HEX is a very complex project, but I don't think they're stupid necessarily. It's more a fear that RH might have actually made something great, which causes self-induced blindness. People hate seeing pride. They really need to believe RH is a scammer. If he turns out not to be and if HEX continues exceeding expectations, then their whole identity will become threatened. They will have missed incredible gains and will have to deal with the fact that they were lied to by nearly everyone in the crypto space.
Liam Jackson
Hex has fees.
Michael Young
Sure, everything has fees. What about it?
Michael Sanchez
>everything Nano, xdag, constellation, and other dags don't have fees. Your move.
Chase Price
oh no i have to pay .001 ETH to end my stake
Carson Ramirez
ay faggots reply to me, i made a point that you never seem to notice. it's the death sentence to this laughable shittoken, worth nothing, printed out of nowhere. one guy has control over the AA wallet and is recyling all of the ETH hundreds of times over to inflate the price, just to dump on you. feel lucky, he raised your boat as well so sell high. when he exits, there will be nothing left.
Noah Allen
Checkmate
Cooper Baker
Their primary use case is transaction, which is why their price is so low. HEX's primary use case is holding, staking, not selling, and having the price go up. It doesn't need no fees, since it's not used to transact. Although it has 2000 tps with almost no fees through zksync, if people want to transact with it.
Christian Myers
Are you dumb? It's impossible to prove that the same person is using multiple wallets without some sort of professional audit that was able to ascertain withdrawals. Also, do you not see the irony in your post - most crypto is 95%++ centralized. Based on the holders chart Hex is the least centralized crypto that's ever existed.
This is why this thing will murder, about 10 minutes of research and you realize you have no clue what you're talking about.
Isn't it amazing how people just say things? EOS was accused of the same thing.
Mason Ward
this and this People who want to believe in hex will believe no matter the evidence against it, just like in most cults.
Also, it relies on miners of ethereum, it doesn't run on shit alone. YOU NEED THE CHINESE AND THEIR MINERS because you use the ETH NETWORK.
Keep feeding the fat pig while he is getting food but for free, because that's what is happening, you pay to get hex and he prints it for free for himself only everyday. What is so hard to understand? He is making more hex daily from AA than you will ever will by staking for 10 years. RETARDS
Ryan Scott
Oh nooo I'm making money, but some other guy makes more.
You can make money swinging this shit but after bdp good luck fag
Leo Bennett
People don't understand that crypto doesn't pump because of miners inflating the supply by polluting the environment. The price rises because buyers THINK it has value, it's written right there on the Monero website, for example. HEX being a finished product and paying hodlers for holding is an incentive for people to buy more because they see value in it on account of these attributes, this digital currency has.
>one guy has control over the AA wallet and is recyling all of the ETH hundreds of times over to inflate the price, just to dump on you. That's the only legit-sounding FUD against HEX that's out there.
Jonathan Foster
The ETH that's put into the AA is due to arbitrage. Let's make this real simple for you. If you have one lemonade stand that sells lemonade for $1 and another lemonade stand that sells lemonade for $.000000001, where are you going to buy your lemonade?
Carson Ward
...
Xavier Stewart
>If you have one lemonade stand that sells lemonade for $1 and another lemonade stand that sells lemonade for $.000000001, where are you going to buy your lemonade? walmart
Christian Cooper
Keep repeating his words like sheep without thinking for yourself out of the bubble he created for you. Stake it till you make it am I right? Do it, he says it will make you rich, so stake it for 5555 days bros. He doesn't stake but that's okay because wazgud gibbs
Carson King
how does richards cock taste?
KYS scammer
Ryder Hughes
>He doesn't stake but that's okay because wazgud gibbs if he staked he would be diluting everyone's shares retard
Eli Cooper
>everything including bitcoin is centralized
everything but bitcoin is centralized and hex is a scam.
Fixed.
Caleb Baker
These posts are important. They display the overall lack of knowledge about the project, as well as the ability to counter simple factual statements.
Instead they resort to either ad hominem or baseless claims (no evidence supporting them, just theories and speculation).
If there are replies to this post - really focus on the reply itself. Does it have any merit or does it rely on the aforementioned properties?
The thing about making money in HEX is that it's a long term project. The people attracted to it are ones with longer time frames in mind, which is why average stake length is 4.87 years. There may be a dump after Big Payday. And let them sell the bottom. I and most of the whales in HEX have money to buy if or when, when it hits a certain point. BPD will be an entry point for many whales. We've already had dumps before. It's a part of crypto, you can't grow without having dumps and people taking profit or selling at a loss. No coin is immune to having an 80-90% dump at some point.
Lincoln Nguyen
I tried the Adoption Amplifier and I advise against using it, unless you're an influncer with a big audience who can use your referral link. Otherwise, you're going to get ripped off. Use Uniswap if you have already ETH or buy HEX with your credit card.
