Quote from: kenmasters34 on January 28, 2018, 03:39:52 PM

Quote from: Smarttcrypto on January 28, 2018, 11:47:18 AM

Quote from: kenmasters34 on January 26, 2018, 01:07:35 PM

Quote from: BeqaS on January 26, 2018, 07:00:27 AM

Quote from: kenmasters34 on January 24, 2018, 06:26:47 AM

Quote from: snowyNNN on January 24, 2018, 03:36:18 AM

Quote from: kenmasters34 on January 24, 2018, 12:26:21 AM

Quote from: Smarttcrypto on January 23, 2018, 11:05:10 PM

They don't need any "money" all they do in the lending program is taking a certain amount of Hextra coins and giving you back a certain amount of hextracoins later which is smaller when the price increases that's why they pull it up

They wouldnt need money, if we were on an external. But since its internal, the cashout is from their exchange.

smartcrypto is correct Hextra has premined HXTs and they pay loans with them. No need for bitcoin. They keep the value of HXT artificially high so they don´t have to pay too many HXT to lenders...

But when you withdraw BTC, where does it come from? It comes from Hextra's wallet.

Since you sell your HXT to other investors, not HXT, the BTC you received is the BTC deposited by other new investors.

The point is, its money in their hands, that they dont want to give to you. If they put us on an external, we can just sell to others, and they wont have to give us money out of their pockets.

They don't give you their money. They just take your Hextracoins to lend them and give you hextra coins back when they return the money. If youdon't understand how the system works I recommend watching this video, that explains it pretty well

https://www.youtube.com/watch?v=muSw1pFTaiY

Come on man. Keep the thought train going.

Hextra give you Hextra coins, then what happens.... you sell them. If you can sell them, you with draw BTC.... where does that BtC come from?

The BTC comes from the new investor that bought them from you at the exchange. If Hextra would buy them people would be able to sell which they aren't at the moment because nobody is willing to invest in the platform at the prices they dictate right now