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RE: HDX20 the token that always rises in value

in #bitcoin6 years ago

I'm not as young and naive as you may think. I can see how this token goes up in value--the developers make money off every buy, sell, transfer of this coin. It has been going up in price over the last 4 weeks. The tokens only go up in value because you lose 4% when you buy/sell and that appreciates the price. So if you hold onto the tokens and don't sell then the value of the tokens will increase. This is similar to P3D which is still up and running I believe for over a year. I can see why you would be frustrated with me here. I have enough invested into this project that I would be very dissappointed if this platform fell apart. I realize that not a single asset in the world goes up in price, but cryptocurrency gives us that possibility in the form of staking, dividends, etc. If Ethereum started giving out staking rewards would you call that a scam? I'm sorry for my wording here, I am not in any way promoting anything I believe is a scam.

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It can go up, sure, but it will go down as well. Anything else is just lies, so I seriously hope you edit your post. Made another reply that highlights all the problematic parts.

"If Ethereum started giving out staking rewards would you call that a scam?"

If Vitalik would say that eth would only rise in value, yeah, I'd say he's a liar as well. Staking in itself isn't a scam though.

The token itself might not be a scam, I don't know is the platform itself promising their token will only go up in value or is it just you. What you're saying here makes the whole project look scammy though, so I'd edit your post for that reason alone, since you've said to have invested in it.

Ok, I'm tired of this. Flagging these posts just so I don't have to look at this everytime. You still seem convinced that I would willingly promote a scam. This is not true.