Does Blitz move invisible objects?

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The cone is moving... or did I missed something...

Graphics3D 640,480,16,0

SetBuffer BackBuffer()

camera=CreateCamera()
light=CreateLight()

cone=CreateCone( 32 )
PositionEntity cone,0,0,5
HideEntity cone
While Not KeyDown( 1 )
MoveEntity cone,0.01,0,0
RenderWorld
Text 0,0,EntityX(cone)
Flip
Wend

End