OK someone I know has sent me quite a negative

Question

Hedera Community Chat ($HBAR)

Derek Hughes

OK someone I know has sent me quite a negative

view on HBAR. can I post it here for feedback ?

#cryptocurrency #english #hbar

0

12.01.2022

5 ответов

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Derek Hughes Автор вопроса

₿anana₿ob / Chris
I think that would Just end in fear, uncertainty, ...

I agree. I've got Max Walker Williams looking over it for me. Should be interesting 🤔

0

12.01.2022

Derek Hughes Автор вопроса

My strong recommendation is to not invest. Derek does not know how computers work. He bought something and it went up, that's why he wants you to buy it. The problems... 1. Value is basically hype and there's not any substantial tech behind it. 2. They are basically lying about transaction speed (TPS) they say it has a capacity of more than 10,000+ transactions but it's closer to 10 (more is better so that's a pretty fkin big mislead) 3. The apparently "Fixed supply" of 50 billion is not fixed. They reserve the right to increase supply at any moment. Basically, they can print money whenever they want 4. Before they launched they gave 17% of their entire supply to investers. That's pretty much a pyramid scheme play. Buy in, get more people to buy in, sell when price goes up from the demand you created yourself. The term is pump and dump if you want to know more. 5. The creators printed themselves a shitload of tokens before they launched. This means if at any point they want to leave the project, they can dump all of their tokens on the market, crashing the market and making buckets in the process 6. Network incentives suck dick. I won't go into why because it's very technical, but the effect is that there isn't any reason for people to participate in the network. Basically even if normal people want to use it, techy people like me won't participate in the network, as there's 1000 other cyptos that provide better incentives. The techy people MAKE the network WORK, so this is a very bad sign 7. It's closed source. This means I can't actually see how it works. This is probably the worst part. Literally nobody can verify their claims about the network, because nobody can see how it works. If they didn't have anything to hide, they wouldn't make it closed source

0

12.01.2022

Krypt0Ka$h

Derek Hughes
My strong recommendation is to not invest. Derek d...

Very superficial and lazy criticism

0

12.01.2022

FrodoKEM

Derek Hughes
My strong recommendation is to not invest. Derek d...

This is garbage. That person is a paid hit person since everything they say is wrong. I am not leaving trash like that here for others to see. If that clown wants to show up on person that is fine.

0

12.01.2022

₿anana₿ob / Chris · Accepted Answer

₿anana₿ob / Chris

I think that would Just end in fear, uncertainty, doubt for New people joining..

0

12.01.2022

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OK someone I know has sent me quite a negative

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