MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles

07-16-2021, 08:49 PM

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#5701

Parkerscott
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Originally Posted By phillyfreak7⏩

Mlm is not a scam you ****ing moron. I've never deleted a post, feel free to read all my old posts. I have nothing to hide

And that's great that you called out obvious scams. If HEX is one, you haven't made literally a single reason why it is lmao

This will be my very last post concerning the topic. A scam is a deceptive act. Preying on the naivety of individuals is a deceptive act. A MLM promoting a millionaire lifestyle and how you can be your own boss and retire your parents to college aged individuals is a deceptive act. A MLM pushing weight loss products to underemployed ******** moms who can now work from home on their own business is a deceptive act. There is a reason the FTC jumps hard on this line of business. It preys on the vulnerable. I have never been a victim and I don't know anyone personally that has been a victim, but I know theres a chit ton of people who have and continue to fall prey to these sleazy business tactics.

Hex is very much the same. You will say this is not proof, but Richard Heart plays the exact same character. You can google his full legal name and find tons of information on the guy. He uses the same wording and imagery that all of these other conmen use.

"Hex went up 23,000% this year" - check
"Look this guy just bought 2 Hurracans with the money he made from his Hex stake" - check
"hex pays 60% interest per year guaranteed" - check

I know the type, and so does pretty much anyone else that has recognized a scammer. Humans are really ****ing good at pattern recognition because its used to spot bad actors like this guy.

"If you see fraud and do not say fraud, you are a fraud" - Nassim Taleb

Im done talking about it. Hex is a ****ing scam and thats all I need to say.

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07-16-2021, 08:57 PM

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#5702

phillyfreak7
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Originally Posted By Parkerscott⏩

This will be my very last post concerning the topic. A scam is a deceptive act. Preying on the naivety of individuals is a deceptive act. A MLM promoting a millionaire lifestyle and how you can be your own boss and retire your parents to college aged individuals is a deceptive act. A MLM pushing weight loss products to underemployed ******** moms who can now work from home on their own business is a deceptive act. There is a reason the FTC jumps hard on this line of business. It preys on the vulnerable. I have never been a victim and I don't know anyone personally that has been a victim, but I know theres a chit ton of people who have and continue to fall prey to these sleazy business tactics.

Hex is very much the same. You will say this is not proof, but Richard Heart plays the exact same character. You can google his full legal name and find tons of information on the guy. He uses the same wording and imagery that all of these other conmen use.

"Hex went up 23,000% this year" - check
"Look this guy just bought 2 Hurracans with the money he made from his Hex stake" - check
"hex pays 60% interest per year guaranteed" - check

I know the type, and so does pretty much anyone else that has recognized a scammer. Humans are really ****ing good at pattern recognition because its used to spot bad actors like this guy.

"If you see fraud and do not say fraud, you are a fraud" - Nassim Taleb

Im done talking about it. Hex is a ****ing scam and thats all I need to say.

Let's see what you've done to say HEX is a scam
-Attempt to discredit me
-Attempt to discredit Richard
-Brought of Vemma
-Brought up Bitconnect

What you haven't done to say HEX is a scam
-Pointed out why HEX is a scam

You're a clown

Taleb f'ing blows btw. He calls Bitcoin a failure and a scam. The irony

Oh wait talking about the price going up is a scam??? Show me where that makes it a ****ing ponzi, or a ****ing pyramid, or anything that is objectively classified as a scam

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07-16-2021, 09:04 PM

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#5703

ghostfacedup
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anyone got a clue how to get 2fa back if you didn't save the backup code? Yobit isn't helping.

07-16-2021, 09:36 PM

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#5704

Fred87nc
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I have missed around 10 ****coins that done 100-300x in a day in the bsc ****coin casino, still throwing around beans waiting for my turn. Everything else rugs or dies after a day

KCCPAD launched, and somehow I was lucky winner of a whitelist spot to buy at launch 1 minute before everyone else, I got distracted and missed the launch by 3 minutes , whitelisters turned 0.4 bnb into 150bnb in 10 minutes.

Everything a ponzi and scam in crypto right now boyos stay safe.

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07-16-2021, 09:50 PM

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#5705

Parkerscott
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Originally Posted By ghostfacedup⏩

anyone got a clue how to get 2fa back if you didn't save the backup code? Yobit isn't helping.

If you are bricked out of an authentication app then you will have to get ahold of the exchange. You are basically SOL unless they will verify your account through something like a passport, webchat etc. You just have to hope that they will accept whatever evidence you can provide that you are the legitimate account owner.

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07-17-2021, 12:34 AM

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#5706

ghostfacedup
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Originally Posted By Parkerscott⏩

If you are bricked out of an authentication app then you will have to get ahold of the exchange. You are basically SOL unless they will verify your account through something like a passport, webchat etc. You just have to hope that they will accept whatever evidence you can provide that you are the legitimate account owner.

yeah, they are totally unresponsive. I'm screwed. Will give a few hundred to anyone who can help tho....as long as HEX doesnt flop

07-17-2021, 01:17 PM

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#5707

Trapstar4.4
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Originally Posted By ghostfacedup⏩

yeah, they are totally unresponsive. I'm screwed. Will give a few hundred to anyone who can help tho....as long as HEX doesnt flop

not sure what app you use. i use authy and have the desktop version of the app installed just in case i ever somehow get fkced out of the mobile app.
you may be able to jerry rig your way onto the desktop version of whatever authenticion app that you use. not sure how you of the specifics of your issue but it saved my ass once about a year ago.

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07-17-2021, 02:29 PM

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#5708

Maxamanius
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Well I guess the good thing about last few months is we now know which projects hold up better than the others and which ones are paper thin during a crash / bear trend

Cardano, very impressive. Solidified its reputation as a top project and proved it can withstand a crash. Holders with stronger hands and the 70% staked helps.

ETH & SOL also held up pretty decently

Vechain..very disappointed, 300% away from its top, crashed faster and harder than most of the reputable top 100. Not saying it's a weak project, but apparently held by mostly weak hands due to maybe not enough incentive to hold compared other projects.

Link and Dot are other disappointments

07-17-2021, 06:16 PM

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#5709

ProteinEnough
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Originally Posted By Maxamanius⏩

Well I guess the good thing about last few months is we now know which projects hold up better than the others and which ones are paper thin during a crash / bear trend

Cardano, very impressive. Solidified its reputation as a top project and proved it can withstand a crash. Holders with stronger hands and the 70% staked helps.

ETH & SOL also held up pretty decently

Vechain..very disappointed, 300% away from its top, crashed faster and harder than most of the reputable top 100. Not saying it's a weak project, but apparently held by mostly weak hands due to maybe not enough incentive to hold compared other projects.

Link and Dot are other disappointments

There is now more SOL staked than ADA percentage wise, interesting.

07-17-2021, 06:45 PM

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#5710

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I don't trust Richard Heart

07-18-2021, 06:29 AM

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#5711

JamesA1990
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Originally Posted By rpric⏩

I just bought 2x EVGA 3080s for mining now I have 2x3090 and 2x3080

pics of set up

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07-18-2021, 07:26 AM

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#5712

phillyfreak7
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Originally Posted By Gorillajewshead⏩

I don't trust Richard Heart

https://web.archive.org/web/20191121...m-777b9a3b3be3

Let's trust this f'ing moron George though lol

I haven't watched his response to this stream, but I have watched the original stream he's commenting on

I highly recommend watching it if you want to learn more about HEX. They ask him questions about him buying his own project, the origin address, and other things

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07-18-2021, 08:26 AM

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#5713

lowstrife
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Originally Posted By phillyfreak7⏩

I've been watching Richard for a long time. He wanted to create what he called RFD token and its utility was essentially cloud renting for supercomputers I think, it's been a long time. That was around like 2018, and he scrapped the idea and came up with HEX that he launched in November 2019. Again, your timeline is wrong or you are lying.

I again just don't understand how that article has anything to do with scamming at all. Because he would prefer not to use his real name online if he doesn't have to? How in the f'ing world is that a problem? He's got around 100k online followers, along with many people who irrationally hate him

I WANT YOU TO POINT TO ME SPECIFICALLY WHERE THE SCAM IS AT HEX. HEX SPECIFICALLY. NOT BITCONNECT. NOT VEMMA. NOT SOME DUDE WHO DOESN'T LIKE HIM. OR STFU

If 100% of all HEX was staked, everyone would receive 3.69% interest per year. If it was 1%, everyone would receive 369% per year. As you can see, 9.38% was staked in November 2020 making everyone receive 39.92% APY. Since then, more HEX has been staked, causing interest rates to drop to 38.03% in May 2021.

What's strange to me is why the huge selling point of Hex is to lockup your funds for 5 years, yet only 10% of the network is actually locked up.

And if only 10% of the network is locked up, how has the price done what it has? Seems so strange to me.

The economic incentives of Hex seem very shady to me, as do the people involved with it. And how it's commonly promoted.

07-18-2021, 08:39 AM

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#5714

FrankCostanza
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I bought matic at more than 2x its current price fml

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07-18-2021, 12:31 PM

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#5715

phillyfreak7
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Originally Posted By lowstrife⏩

If 100% of all HEX was staked, everyone would receive 3.69% interest per year. If it was 1%, everyone would receive 369% per year. As you can see, 9.38% was staked in November 2020 making everyone receive 39.92% APY. Since then, more HEX has been staked, causing interest rates to drop to 38.03% in May 2021.

What's strange to me is why the huge selling point of Hex is to lockup your funds for 5 years, yet only 10% of the network is actually locked up.

And if only 10% of the network is locked up, how has the price done what it has? Seems so strange to me.

The economic incentives of Hex seem very shady to me, as do the people involved with it. And how it's commonly promoted.

I appreciate you having a real take and for having objectively correct on chain analysis

I can't answer that question, but I'm sure Richard would be down to answer it, for whatever that would be worth

Richard is very polarizing for sure, but I don't think the way HEX is promoted is a problem. He likes to say it's basically Proof of Stake Bitcoin and advertises on the hex.com website that crypto is very volatile, it will dip, and the price has the ability to increase significantly, which are all objectively correct and no different than Bitcoin or Ethereum

I definitely don't claim to know everything about HEX, but do claim to have liked the idea enough to just put something in it and that Richard is definitely a good dude from my time spent following him and listening to him

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07-18-2021, 03:52 PM

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#5716

lowstrife
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Originally Posted By phillyfreak7⏩

I appreciate you having a real take and for having objectively correct on chain analysis

Least I can do. I still stand by my statement I made from when it launched when I didn't know anything about how it worked.

Originally Posted By phillyfreak7⏩

I definitely don't claim to know everything about HEX, but do claim to have liked the idea enough to just put something in it and that Richard is definitely a good dude from my time spent following him and listening to him

Cult\thought leaders often are to their followers.

Beware the pied piper.

07-18-2021, 08:18 PM

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#5717

JamesA1990
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Originally Posted By FrankCostanza⏩

I bought matic at more than 2x its current price fml

matic will come back... r-right?

bags are heavy

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07-19-2021, 04:18 AM

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#5718

FrankCostanza
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Originally Posted By JamesA1990⏩

matic will come back... r-right?

bags are heavy

Lets get cuban to tweet about it.

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07-19-2021, 04:29 AM

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#5719

hxa
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Originally Posted By JamesA1990⏩

matic will come back... r-right?

bags are heavy

ser, please come back. matic, ser, pls

07-19-2021, 09:33 AM

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#5720

W1LLW
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Better pray 30k holds or this is going to get ugly.

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07-19-2021, 10:41 AM

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#5721

Edged123
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Originally Posted By W1LLW⏩

Better pray 30k holds or this is going to get ugly.

Feels good to have excess cash to buy the dip if it gets bloody

07-19-2021, 10:42 AM

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#5722

dankydank
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SPYS rebounded of 40 RSI on the daily since the COVID crash. Currently at like 42. I think we have one more dip before a big 10+% rebound. After that I dont know what could happen. I’m looking at 30 RSI on the daily as the buy point. Doge recently hit 30 and bounced back 20% immediately and BTC rebounded of it twice already

07-19-2021, 10:51 AM

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#5723

Abzu
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07-19-2021, 11:06 AM

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#5724

W1LLW
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Originally Posted By Edged123⏩

Feels good to have excess cash to buy the dip if it gets bloody

25% in CRO, 25% in VET, 50% in Cash for me at the moment.

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07-19-2021, 11:34 AM

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#5725

JayDigital
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Originally Posted By Edged123⏩

Feels good to have excess cash to buy the dip if it gets bloody

Waiting and plotting...

07-19-2021, 12:06 PM

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#5726

BDSMBBW
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07-19-2021, 03:32 PM

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#5727

Maxamanius
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Originally Posted By W1LLW⏩

Well at least the thread is alive again.

BTC down 50% from high. Many alts down 50 to 70% and you're waiting for BTC to draw down another 50% to 15k before buying while we're in the middle of a cycle? Don't think this ends how you imagine, but only wishing the best for everyone ITT.

Negative, I’m waiting for altcoins to go down another 50% before thinking about buying more with fresh new USD, however will buy Alts with BTC I already hold when alts start to decrease another 25% vs BTC value, not usd.

Alts are still op vs btc and we’ve been seeing them dwindle downwards last few months vs BTC value.

I.e VET is at .000002 sats right now, was .000003 like a month ago and sold some them, will start buying back when it gets down to .0000015 to double my original bag with the same amount of BTC I sold for..or buy the original amount of VET I sold and keep half of the BTC, etc..

So I’ll trade my btc but I’m not confident in the altcoin prices right now to use any usd to fill my bags unless they get a lot closer to where they were in price back in January.

07-19-2021, 04:40 PM

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#5728

Tobiasm3
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Was just reading in thread about people debating whether Hex is a scam and guess what comes in the mail today? A 3 page brochure from Hex telling me they are the future of investing and 500 days ago if I bought one hundred dollars worth of Hex it would be worth $95,000 today and on average Hex is returning 40% APY. Wonder what exchange sold my info?