Can't believe he actually staked all the Hex in the origin address. Hex is at 98% staked now, and the BPD payout went down because all the Hex stored in Richard's origin address, from eth recycling, staked riiight before BPD ended.
Went from 18% staked a few days ago to 98% staked, everyones BPD payouts went fromx 2.5 to x3 principal to about x0.3
Thanks Richard. Was having a billion dollars of Etherium and half of the Hex supply not enough money for you?
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were you expecting anything else
I don't understand what happened
so who got scammed?
shocking, i thought richard heart was a man of charity
hahaha did this actually happen
Never trust a faggot in a hat like that who wears rings
is "BIG PAY DAY" not misleading at all
so glad i didnt buy anything and just got my freeclaim. Now the risk is whether the gas costs are even worth it when i can finally cash out.
Holy shit. What a slime ball. So he staked and diluted stakers and will surely dump on everyone's heads?
No-one, but I'll explain:
1) Hex had an event called big pay day. All the hex available to BTC holders as the snapshot day was being given out, since most BTC people didn't claim their Hex.
2) To get into to the BPD, you needed to stake (lock up) your hex for at least until the day of the BPD, max stake is 15 years. Longer you stake, the higher your share of the BPD.
3) A few days ago, the BPD payout to most people was about 3x their principal because only 18% of hex was staked. Most people assumed they would be getting at least a 2x on their principal as the amount staked was so low so their share was high.
3) BPD just ended recently, the amount of Hex staked is now 98%.
4) Richard has a huge stash of Hex owned by himself, although its not publicly admitted for legal reasons to do with securities and getting BTFO by the SEC. During the launch, you could exchange Etherium for access to a daily pool of minted Hex, the amount you get based on how many other people are in the pool. Richard was recycling Hex into the AA over and over, so for example say I put 10 eth in- that goes to an address that RH can access. He takes my 10 eth, moves it to his own wallet, then puts it through the AA the same way I did. 10 eth goes back to his address, but this time he also gets a share of the daily Hex pool as well. He can do this as many times as he wants each day, nobody knows exactly how much he was doing it.
5) RH probably owns between 50 and 70% of all Hex in existence because of this. He left it unstaked right up until the BPD so people thought they would get a bigger payout.
6) He staked it at the last moment to get an enormous share of the BPD, so it went from a 3x return to a x0.3 return, from 18% hex staked to 98% hex staked.
kek thanks user. i was just thinking Richard was based
He completely discredited this project with this move. Invest into something that is 100% controlled and manipulated by a single whale? Fuck that.
He wants it to succeed.
but he looked so trustworthy..
My BPD was reduced to 1/3 of what it was before.
Not only that, only half o the BPD which remained was turned into interest. The other half is still marked as BPD. That is, I only received 1/6 of what it was a week ago.
Thats why I don't get why he staked. Why rob poorfags of their precious gains just to line his own pockets even further, its not like he can even dump all that Hex.
UNLESS that was the masterplan all along, to accumulate as much hex as possible then effectively burn it to induce mass scarcity. But that sounds like coping to me.
if you didnt see this coming from the beginning then you really have to go back
He should be going live soon.
I don't get it, can you explain?
For how much time he staked?
If it was only two days then he is goint o burn it.
haha told you fuckers not to fall for this fat fucks tricks and scams hex is gay as fuck
lmaoooooooooooooo
Half of my BDP still appears as BPD in the site, and the other half was turned into interest.
Check if your dashboard is like that too.
The value was halved, half appears in BPD column, the other half in interest column.
why does he looks like a lead singer from a 2000's pop punk band.
Refresh the site, the UI seems to have changed now. Im seeing all new stuff.
My BPD has just been added to my interest now.
Still the same here. Half still BPD, the other half in interest tab. In the circle is the interest tab.
I want to know this as well
I think I have found the problem, you are ever so slightly retarded lol. The interest is your interest from staking plus BPD interest.
Youll get it when your stake ends.
If he burns then He will be the savior of us all. But I doubt it.
Could be the case.
But my BPD was 62k three hours ago.
And it was 145k some days ago.
Oh, well, that was really the case. I had 300 hex in interest before.
So RH fucked us all with the OA staking...
Yeah mine was about 2.2 million a few days ago, its 600k now. Its gone down because the amount of staked hex preBPD went up from 18% to 98%.
It should be fixed now since BPD is technically over. Unless today is the last day? Anyway it can't go down more now because only 2% more could be staked.
This was the plan all along and anyone who was paying attention knew this would happen.
The OA staking is great for the project long term, because now we know how much it owns.
The OA coins are not going to be sold and are practically always burned.
Now we have a clearer view of how many actual people have staked.
It's not 18% staked it's more like 70-80% holders outside OA that are staking.
After 2 days the APY and marketcap will skyrocket and HEX will start phase two.
Sounds like hopium user, I hope you are right. I did posit this in one of my replies, it theoretically is better for the price IF the OA just sits on all the Hex.
Absolutely this shit is unacceptable. He keeps rambling about decentralisation and now he pulls this? Fuck this hypocrite
And the price? The price have fallen much more than what I got from BPD.
And if he decides to sell the OA?
he'll rug pull the OA slowly
Agree. He's not going to ever dump it all at once. He's just going to slowly leak it out over the rest of his life whenever he needs to pay bills or buy some new hookers.
Honestly I'd rather that supply go to Richard than anyone else. Rich has stronger hands than anyone and he's going to hold it for the ego it gives him, more than the money.
He doesn't need to fucking sell it, he has 100 million to a billion dollars of etherium.
Yeah, Im actually filing a law class suit against this queer tomorrow since most firms are closed. Im gathering information right now so he can pay people or serve prison time for awhile.
He thought he could fuck with my money and now Im going to fuck him. Ill keep you anons updated.
i'm not getting off my stakes for anything. we've already learned these lessons in bitcoin. literally just hold and you'll be fine. difference in hex is you actually make interest while holding.
Probably this I completely lost confidence in this project
You won't do jackshit, nigger
T. Richard MOTHERFUCKING Heart
Still the interest pay much higher than a bank. It shows here 7% APY for yesterday, and between 12-15% for all (I have many stakes).
The problem is the price. The dip was too heavy. I thought the extra coins would cover it, but they didnt. I hope the price recovers.
I am blown away how many of you fucking streetshitters bought into this. LOOK at the man.
The good thing about HEX is that we got an Identity RH behind it that we can sue. Other shitcoins don't even got that.
