/biz/ - Business & Finance

Everyone with at least 1 MN will make it this run after just Prometheus release alone. Stakenet is the first DEX to allow users to swap native tokens between BTC/ETH/ERC-20/and EVM chain tokens without fees, no kyc, and with an available API high frequency traders can directly trade with their bots without any gas fees like on uniswap. Stakenet can easily blow lower tier DEX projects such as Thorchain out of the water, which alone has a 1bil mcap. A mcap of that size would putt each XSN at $9 and bringing block rewards, WHICH ARE ALREADY BEING PAID, up to $43/day, $15k/year, or at least 1 full time minimum wage salary and a node worth $135k. Anybody with 2 nodes at this point will already be earning more than more than a fulltime job at $14/hr or ~$30k/year. Anybody who doesn't have a node on biz and knows of XSN will unironically rope in a year or two.

Spill it

>>28369941
Im also very comfy. Got multiple suicide stacks

>>27984414
If XSN has 100m volume and price still stays at $0.4 then yes. Obv people will buy XSN so it won't be 200% apy

>>27766111
checked

>>27089990
shitposting has powerful consequences

You're all gonna make it

did you get some MNs when it was cheap, /biz/?

>>25957666
>>25958111
>These digits

It's unironically happening. Every single masternode holder is going to make it.

>>25900701
$100 2021

Fudders on full damage control after spending the past few weeks making dozens of seethe threads a day and self-bumping them.
They know they can't stop XSN. Increasingly, they're afraid and grasping at any straws they can possibly grasp. It won't work.
Nothing - I repeat - nothing, is anywhere close to having a working L2 DEX and won't for this bullmarket cycle we're entering into.

[x] $100 is FUD
[x] XSNeed
[x] PoSW is Chuck
[x] Chads only
[x] Fudders seethe about this in their sleep

Reminder: nothing in the DEX space can offer what XSN is bringing to the table. It would take them at least 1 year, maybe 2 to catch up... Fudders are already seething.

Fudders do CTR/SB-tier astroturfing for free (lmao) This thread will likely turn into a lightning rod for their brand of copypaste seethe.
They can't stop XSN. It's the only DEX that can scale and swap real BTC/ETH without wrapped assets and L1 wait times.

>>24444130
it is written

XSN is leading the bull market
but we're all gonna make it

>>24277710
Based.

$100 2021 is the goal.
1 MN to make it is the plan.
Layer 2 solutions are the way forward.
The case for XSN's model, now almost 3 years into development, is only getting stronger by the day.
>BCH/BSV now irrelevant, BTC and LN remain king
>Custodial CEXs held hostage by regulations
>DEX traffic skyrocketing
>Layer 1 atomic swaps proven much too slow and expensive time and time again
>ETH running into scaling problems so quickly during the small DeFi rally this summer
>Layer 2 interest skyrocketing
Stakenet is the King of L2, and they have an insurmountable headstart with regards to the bullrun up ahead.

>Coinbase working to implement L2
Oh. Wait... isn't L2 a scam? Only when XSN does it better than everyone else I guess.
Guess which DEX will have an unusually strategic position that allows it to receive BTC, ETH, LINK, etc almost instantly and for next to no money when sent from L2?
Guess which DEX provides the best trading fees - even if on L1 for initial deposits?
XSN, of course.
Thank you obsessed fudders for weeks of free promotion. The way you bump your own threads 40 times and stick with them for hours and froth at the mouth at the mere mention of those three letters you despise so very much - it takes a lot of work.
I think it's absolutely hilarious of you to keep going as if anyone will believe your incessant wailing and not see your desperate ploys for attention and elementary school fud. Enjoy being the new class of nolinkers. Stay mad, keep fudding XSN to the top.

They only FUD it so obsessively because they're afraid of it.

All the big players in the industry still pretend that XSN doesn't exist, yet every week there's a new ICO hypecoin that copies off of XSN in some way. CEXs like Binance happen to coincidentally go all in on these poser tokens and get directly involved in "buidling" them. A week later, they repeat the same process from scratch.
Isn't it odd to you how, even though Stakenet was years ahead of their time in building these defi solutions, all the CEXs that larp about "cultivating startups with integrity" have done nothing but snub XSN and back food coins?
Using Bitcoin or Ethereum's layer 1 to swap assets is a dead-end. Both networks are already too congested as-is and there's no way in hell they can serve their intended purposes as P2P cash and executing smart contracts respectively while handling the bloat that comes from trading altcoins at high volumes.
Use of layer 1 should ideally be made as well-optimized as possible. Reduction of on-chain bloat is reduction of fees and on-chain wait times.
ERC-20 tokens that attempt to build a trustless swap DEX using smart contracts at L1 on Ethereum are an equally futile effort, and yet... CEXs go all in on backing and hyping them.

Bitcoin and Ethereum scale best on Layer 2. XSN has been building towards this approach since 2018 and, more recently, they've been collaborating directly with the Raiden devs in doing so. Most scoffed at the notion of using L2 for a long time. Ever since Uniswap demonstrated how bad L1 is for real-time DEX trading, the industry gatekeepers are suddenly aware of L2 and how significant it will be in making proper interchain bridging infrastructure.
I still think they will ultimately give in and back XSN and that most of these interim tokens are a distraction. They're indirectly priming the whole crypto space to get excited about what XSN is just about finished building. For all that promotion, XSN paid them 0 dollars.
Get your MNs in before Raiden. It's very close.

fudders will be the new nolinkers

Prove me wrong: Stakenet has quietly had a major impact on the industry and it will spearhead some of the biggest gains in all of decentralized finance as the vast chasm narrows between the concepts its been inventing and building upon for years and the general understanding of these concepts grows and moves closer to the center and away from the fringes.
XSN threads were quietly on /biz/ all through the depths of the 2018-19 bear market. They were usually one-off generals.
Through 2020 and especially since June as the DEX progressed from private to open beta, there has been a notable uptick in XSN threads.
It's no coincidence that within a few weeks of Stakenet making some waves like
>aggregating orders from Binance, Livecoin, and Bitfinex's orderbooks
>getting one coin deposit working
>exhibiting time and time again - pretty much everyday - why Layer 1 is not a good idea for on-chain tx
It was only after this that you began to see ICOs come out of the woodwork offering the same ideas and concepts - on an ERC20, at that, and oftentimes backed by very moneyed and influential people who quite frankly should know better.
It's only been in the past few weeks that Layer 2 has become a popular topic of discussion. Now more and more recognizable experts are admitting L2 is the natural way forward, and with it comes the interest of those who bank on their word.

Don't let the experts "inform" you in another 8 months that building directly on Ethereum (rather than for Ethereum) and being co-dependent on its network and future plans for everything (rather than being independent) "might actually stunt" native interchain L2 interoperability.
Sell your UNI at the best possible price, buy XSN dips, and make it lads.

>>22612093
It is the way.