/biz/ - Business & Finance

Imagine not wanting free money

>>20085179
>>20085206
old biz knows
i dont think this is something that can be taught, only experienced

I agree, it's early days, at the end of this bear market it's time to rebalance your portfolio, I did and invested more in XSN when it doubled in price. I'm in it for the money on the long run (investing, not trading), because this project is very innovative, groundbreaking tech is being build here, and will continue to be build in the next couple of years, I will use the staking, masternode and DEx rewards as a passive income, but now it's plain accumulation time.

100k lol

>>20085510
I made a goal to accumulate a minimum of 10 XSN MNs back in January 2019. I admired how XSN handled themselves throughout the bear market. Pic related. The day BTC crashed to $3k, they were quietly helping the LTC Foundation improve it's LND and testing early swaps.
I see no reason to stop accumulating. We haven't even left the innovators stage yet.
>>20055555
>>20066666
>>20084444
>>20085555
Checked.

>>20085510
based

Honestly you guys need to promote how easy it is to do passive ROI with cold staking

most of crypto is dumbfuck lazy menchildren who just want free money.

>>20086150
Here’s your guide

>Pic related

I haven’t opened my wallet in months, just check it on the explorer every now and again to see what’s been going in

>>20085179
Well said. A lot of smart people behind XSN and they've remained consistent this whole time when you go back and read past articles. Super confident in their technology and the demos are proving they should be. This will moon and be a passive income stream for anyone investing at least 10k right now because you dont even need a masternode to make it. Just 10k XSN will do

Rollin for xsn brings ya riches

>>20086225
Nice. I don't think I've opened my wallet since May.

DEX volume has been steadily on the rise with last month seeing a big jump. XSN are in a great position to take a massive chunk of this market while it’s still growing and be the default DEX people use. They had the foresight to see this was the way the market was headed way back in 2018 and have been building it all this time, not some cloned ERC20 DEX but a fully functional proper DEX with everything you would expect on a CEX but fully decentralised. At this point nobody can catch them up in features and usability

>>20086295
The Medium articles have always been good. I posted a few below. XSN Wire was particularly good too. I enjoyed reading those.

Cold Staking
>https://medium.com/stakenet/cold-staking-tpos-vs-lpos-vs-dpos-ebeef4f71c48?source=collection_home---4------4-----------------------
Big Brother, TPOS, and Atomic Swaps
>https://medium.com/stakenet/posw-weekly-big-brother-tpos-and-atomic-swaps-35642fddbd8d?source=collection_home---4------3-----------------------
Exertive Proof of Stake (EPoS) Proposal
>https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4?source=collection_home---4------2-----------------------
Cross Chain Proof of Stake
>https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd?source=collection_home---4------1-----------------------
Trustless Proof of Stake
>https://medium.com/stakenet/tpos-55ae6c56f434?source=collection_home---4------0-----------------------
Stakenet Light Paper
>https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2?source=collection_home---4------6-----------------------
LTC Foundation/X9 Collab
>https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6?source=collection_home---4------4-----------------------
Blockchain Scalability Solutions: Blockchain and Sharding
>https://medium.com/stakenet/blockchain-scalability-solutions-lightning-network-and-sharding-efdb9d5c6703?source=collection_home---4------3-----------------------
Stakenet Multi-Exchange Trades
>https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13?source=collection_home---4------1-----------------------

Complete newbie here. I bought 1k XSN on Livecoin but am hesitant to put in more because that website looks kind of sketchy. Is there any way I can put it into my Coinbase wallet without fist turning it into Etherium or something or do I need to wait until Stakenet releases theirs? Or are there other wallets that you CAN send XSN to?

>>20086746
You can send it to:
>Ledger or Trezor hardware wallets for storage
>The cloud staking wallet were it will start staking automatically so you get some extra XSN
>Download the core wallet where you can also stake it.

Personally with that amount I would just stick it in the cloud wallet as it’s dead easy and you will get staking rewards

>>20086746
Link to the cloud wallet:

https://cloud.stakenet.io/login

>>20086746
Cloud staking doesn't reward you as much as cold staking or Tpos because it's in a pool.

Unfortunately Ledger/trezor has yet to integrate the code (it's been ready for 1.5 years....).

I've heard on discord that the admins/mods have something brewing though. We'll see what happens.

>>20086746
What's sketchy about it? Looks sleek to me and grammar is professional. Better than you can say about a lot of altcoins

>>20086897
I guess just the somewhat low res design and the lack of ID verification compared to other platforms.

>>20086787
>>20086796
>>20086855
Wow, thanks friends. I didn't even know receiving such constructive replies was possible on this board.

>>20086897
>>20087078
Is he talking about livecoin or XSN CLOUD???

>>20087078
Yeah, there is heaps of information on XSN

If you don't like reading technical whitepapers.... XSN has a light paper very easy to read.

https://medium.com/stakenet/stakenet-light-wallet-update-v-2-8-6-9ff18ebe5915

Gives good insight to the project. Most people think it's just a 'DEX', the DEX is just their first Dapp which is built into their MCLW (multi currency light wallet).

>>20087078
>>20087124
Whoops wrong link. This is the correct one.

https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2

>>20087078
Upblock also made this report on Stakenet last year.

https://upblock.io/report/Stakenet

It's pretty good, doesn't have everything but still very good.

>>20086897
>>20087088
I really think he's talking about Livecoin exchange.
Think we all can agree that Stakenet has one of the most professional looking sites. Honestly after all of the recent generated scams the nice web-services such as cloud etc really sticks out now as a green flag.

>>20087674
Stakenet has a nice aesthetic to it overall

>>20088030
What is this I’m looking at?

>>20088060
>deposit BTC to Stakenet wallet
>use DEX to swap BTC into XSN (no account/kyc)
>send test amount of XSN to Ledger Nano S
all in good fun

>>20088095
Ahh yes looked more closely now and recognised the wallet on the left.

>>20088095
Wait... Stakenet is supported by Ledger? Wasn't aware of that!

>>20088242
And trezor

>>20088095
So its possible to swap btc to xsn in the dex beta? how is the price vs livecoin?

>>20087674
You are correct.

>>20088325
On par.
>>20088242
>>20088263
Ideal for cold staking.

>>20088325
Yes the DEX is 90% done already.

When you buy or sell xsn on DEX it buy or sell it directly on livecoin. No liquidity issues zhsnks6ro vortex aggregator that propose you in form of a. Or the best buy and sell price so you can limit and market buy as much as you which already directly from the DEX and it's working seamlessly and completely instant like any CEX experience

btc is gonna dump
buy back in at 9 cents and double your money instead of trying to pump this up in a bear market

>>20088449
xsn has been pretty stable for all the volume its getting

>>20088449
You don’t trade Alts in $ in a bear market, you trade Alts to multiply your BTC so that when BTC goes back up you have more of it and in turn more $’s so turn 10BTC into 20+BTC. $ price is irrelevant

I sent my SNX to my cloud wallet like 10 mins ago. Does it always take so long?

>>20088712
XSN*?

From livecoin?
Will take like 25 confirmations.

>>20088712
>>20088721
It took 30 sec for me say goodbye to your funds.

>>20088737
What?

>>20088721
Yeah thats what i meant. I only sent like 20€ worth to test it but its taking forever

>>20088743
It takes awhile from livecoin. You can check the transaction on xsn block explorer.

>>20088712
Don't worry about it it will arrive quite soon

>>20088767
Ok i got it frens. How can you stake in the cloud wallet?

>>20088830
Once coins are in cloud you don't have to do anything. It will start Staking on his own

>>20088895
Thanks fren. So the Roi is 16% for a masternode and 0.4% if you have less?
Sorry for the stupid questions

>>20088830
Staking is automatic on the cloud, however it is in a pool so you'll get less rewards when compared to cold staking or staking with a Tpos merchant. I recommend cold staking with ledger/trezor once it's available (waiting on them to implement the code).

>>20088830
I'm pretty sure it takes around 24 hours for coins to 'mature' before it starts to stake them.

>>20088918
Roi for masternode is 14%
Roi for any amount on cloud is around 12%
very correct considering you don't pay vps fees.

Block rewards are split 45% masternodes 45% staking 10% treasury

>>20089105
Running MNs is extremely easy through MNaaS, btw.
All you really have to do is let your wallet sync every few weeks/months and then send some of the XSN you make in MN rewards over to the Cloud. Extremely low maintenance.

>>20088674
So the ending exchange goes Alt>BTC>$?

>>20089413
Open-ended strategy.
DCA accumulate
>1 lower mcap high risk high reward alt - the surest one to take off (XSN for me)
>1-2 higher mcap lower risk alts - the surest ones to provide decent returns that may outperform BTC and stabilize much higher from initial if held long enough (XMR/LINK/ETH)
>BTC
3-4 major positions is plenty

Holding well above 1900 sat

>>20089876
Whales moving in. Someone just bought 100k XSN in one massive order for 2 BTC

>>20089940
Very nice, how long till we go past 25c usd? 2500sats?

>>20089957
Every now and then, the market really gives something a full reevaluation. Right now, it's evaluating XSN for the first time since probably mid-2018. We've only scratched the service. I want to say 99%+ of the crypto industry doesn't even know this exists yet.
XSN been very stable for how well it's performed. It's broken through a lot of resistance.
It could very well hit 5k/$1 if it continues being discovered. It has a lot of room to be found.

>>20090044
Checked.
I'll say that more people know about link than xsn and most people in crypto don't even know about link.

I have enough for one master node. I made some profits from STA. This would be my first and biggest crypto investment (yes i'm new)

Is this legit, will I make it? Pls no troll. I just want to make it

>>20090310
100% legit.

Stakenet is the first lightning DEX. that means a contrario of other DEX they can offer instant swaps - > all the benefits of a CEX like binance.

Their DEX is already 90% done and available in public beta (anyone can join and test it by himself)

The DEX is lightning fast, have high liquidity thanks to vortex agregator, is 100% anonymous, no KYC, never. Low fees, DEX will be hosted by each Masternode on the network making it by analogy like a Hydra. cut one head two grow back, so that means no downtime, never. Once DEX is hosted by the Masternodes no one can stop it not even the devs.
Next milestones is Raiden integration which will allow to instant trade Eth and any erc20.
For other coins like monero etc.. That doesn't support Raiden or lightning, atomic swaps will be available.


In overall this DEX has all advantages of a CEX like binance with no KYC and you keep your keys at all time.

Join discord if you have any questions or want to test the DEX

>>20086225
How much did you have to get that?

I lost $3.5k worth of this at the time of the cryptopia “hack” - will i ever see my monies again?

>>20090310
Lol I'm precisely in your shoes buddy. I finally bought up to a Masternode after reading about it the other night, set it up this morning through the cloud following their simple MNaaS youtube tutorial.
It's the biggest investment I've made in crypto so far and it's approx 50% of my portfolio. I did also make some gains through STA, otherwise this would be 100% of my portfolio and I prolly wouldn't have done it.

Might get burnt, but something just clicked when I was reading about this project the other night and I just see a massive potential here! I just feel it. But with all the FUD going around and the fact that I bought near the top makes me shaky. But I would kick myself even more if it takes off and I didn't take the chance of getting a MN.


>>20089105
Won't DEX Fees also go to masternodes in the future btw? Potentially making the rewards huge?

>>20090759
Yes exactly. 0.25 % of the DEX volume will be given to the Masternodes as a fees.

So you'll earn fees from the DEX and rewards from the chain.

Potential is threw the roof

>>20090759
Welcome, anon. We're still early in the bull and XSN has massive promise to it. I've been in XSN for 2+ years and I wouldn't think of selling a dime for well over a year from now. It has too much untapped potential. If you'd like to come test the beta, you're welcome to join the discord and ask.
The MNs will earn fees from the exchange. This incentivizes them as they otherwise have an equal split of the block rewards as staking does.

>>20090310
If XSN hits $100 million mcap, your MN will be worth $15k.
If it hits $1 billion mcap, xsn would be $10/coin and your MN will be worth $150k and provide a few hundred dollars in passive income on a weekly basis.
If it hits >$7 billion mcap, you're a millionaire with a serious revenue stream.
Multiply these numbers by the number of MNs.
I invite you to join us, but insist that you time your moves wisely. Do you think there's reason to wait? It could very well correct. It could keep pumping. Don't invest that which you can't afford to lose.

>>20090310
>>20090549
Stakenet is legit as I can find. Fud has been falling flat lately, fudder been getting btfo heaps with their bullshit. Have you guys read the whitepaper? If you find it too technical they have a light paper too.
1 Masternode (15000) = Make it stack
10 = Fuck you stack
There has been consistent DEX updates, about once every 24-26 hours. Sometimes we get 2 within 24hours.


>>20090506
Based, we are going to be so fucking rich holy shit.

>>20090941
Whoops I meant
>>20090759
Not
>>20090549

A lot of times I feel the excessive shilling of not so common coins are done by exchanges who want to increase their transactional volumes. Livecoin in this case.

>>20090978
COPE. You've had 4+ months to buy sub 1000sats.

>>20090549
About 180k, I buy 10k XSN every month to add to my stack, started with about 100k. This month is cost me a lot more to buy my monthly stack on the 1st but also made my total stack worth a lot more so can’t be mad

>>20088944
Afaik it's 2 hrs till they start staking but 24hrs their max age. They keep staking tho

>>20091221
Neat, didn't know that.