Halo Platform Unaffected by COVID-19. Halo Value Only Affected by Hubris.

in #ethereum5 years ago (edited)

In case you were concerned that your Halo coins were being devalued by the uncertainty of the current crypto markets, you can relax. Your worthless piece of shit Halo coins are completely unaffected. The HaloDex is also unaffected. There are no users, so service fees remain unchanged at approximately ZERO. None of the newly listed tokens have any volume that isn't being generated by the owner of the HaloDex.

A couple of months ago, I was kick/banned from the Discord channel for Halo, after being there from the very beginning. I left the fold about a year ago or so, as I wasn't happy with the direction the team was taking. I came back in and reinvested on a major dip, mainly on the news that they intended to release a casino and poker room on the network. Instead, they delivered nothing of value to anyone and things began to decline rapidly. I sold most of my Halo holdings for about 3.5x to 4x what I paid only a few months earlier. I invested the ETH from those sales into HEX a while later. I stayed in the Halo chat channels to see if there was any possible road to redemption for the project.

Around December, HEX launched and started to gain attention in Telegram channels. I reached out to Richard Heart (The founder of HEX) to see if he was okay with having the token listed on a DEX. He said go for it. I openly campaigned to have this token added to the HaloDex in order to bring some of the 20,000 or so telegram followers to see and hopefully trade in the Halo Platform Dex. This could have delivered huge value to masternode holders on Halo, who would have received service fees from trading activity on the DEX. There were several other longterm users on the discord channel that agreed that it could work. One particular piece of work using the handle: "recourier" didn't like the idea at all, soundly defeated the idea highhandedly, and when I voiced my extreme disappointment, he began to get aggressive, threatening to kick/ban me from the platform. I don't back down, he banned me. End of that chapter in my life.

Fortunately, I have a long memory and love to show people how wrong their decisions can be. In December/January, Halo was trading for about 1 to 2 SATS. Hex Was trading at about the same price. Part of the reasoning from recourier for not listing HEX was that it was a shit coin with no value. It was a scam. It was a ponzi like Bitconnect. etc etc etc. He also suggested that listing it would make the HaloDex look bad, and devalue the other coins that paid to be listed on HaloDex. for fun, have a look at the volume for all of the shitcoins listed on HaloDex for the past month or two. It is non-existent. Nobody trades ANYTHING there. It is a dead DEX.

In the meantime, have a look at the comparison below from Coinpaprika.com

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HEX is currently trading for about 30X the price of Halo. Hex is currently #30 by marketcap on coinpaprika.com. Halo doesn't even get a numeric placement there.

Scott Morrison, the founder of Halo Platform started with a pretty good idea, and a pretty great team. They came out of the gates strong, but gradually lost their best staff, developers, and consistently had to push out timelines for projects. Scott is left with a few core supporters like recourier ( a heavily invested, jack-booted cyber thug), limited resources, almost no help in developing, and nothing positive to run on except their own hype. Enjoy falling on your own sword. I won't shed any tears for your demise.

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Recourier really is retarded. I remember he once said he never made a profit in crypto, yet he seems to know everything. I gave Halo one year and they never delivered so I sold. The peace of mind has been worth way more than any increase in value that I hoped for. Luckily I wasn't there from the ico.

I hear ya...I am sorry I ever got involved with this project. Recourier is one of those people that thinks he is the smartest guy in the room at all times. It doesn't matter what you say or do, he's already been there, done that or ate it.