/biz/ - Business & Finance

>>20657260
$1 on the horizon

What the fuck is it with the dev team? There are FREE exchange listings available, but these fucking autists refuse new listings. Btw., in crypto, "soon" means "no".

inb4 Beaxy. It's a fucking dead exchange, who cares. Community has said they would pay for listings, but NO. wtf?

Why would we care about exchanges when we are making BTC live it's intended purpose.

World changers are not concerned with short term pumps.

If you believe you can fly, you can login to live coin.

>>20657986
based and seethroughtime-pilled

>>20657986
>not concerned with short term pumps.
Oh come on, it's not fucking 2017. Every single project keeps reiterating this crap, give me a break. There are literally thousands of projects that have died on the runway with this holier-than-thou attitude, because they couldn't get traction. This project has a golden opportunity right now, but devs are intentionally refusing to do anything that might increase the availability/recognition.

That being said, I will not sell, but this one of the most infuriating holds I've had.

>>20657260
>full time job
>mcdonalds

>>20658125
>>20658163
>pumps 6x since the end of June
>infuriating
>>20658208
I'd like a medium #3 combo

>>20657849

What free listings?

>>20658568
Just let him seethe.

Project is performing well, wait till dex arrives, then other exchanges will be listing us without our permission

>>20658853
Yeah. Every time someone complains about exchange listings, I tell them
>if it becomes profitable for the exchange to list XSN, they'll list them for free
Otherwise, paying millions to get listed on shady Asian exchanges doesn't pay of all too well anymore.

>>20657260
feel like market buying another 2 MNs desu

>>20658163
because you bought the top anon?

>>20659824
Nice.

>>20658568
i thought there were gonna be free listings

>>20660654
Binance will add XSN for free
Bittrex will add XSN for free
Coinbase will add XSN for free
Kraken will add XSN for free

I want to get more MNs before raiden

I wish you third-worlders would stop using commas instead of decimals. Just conform to the standard that first-world countries use. You look less like a pajeet scammer that way.

Even getting to just uniswap means like 5k a month per MN.

That is pretty sweet.

I see nothing standout, just a load of the same claims made by a thousand other coins. Look, a large number of coins will get dragged up in price as the entire crypto space booms. Few will out pace the Alts space average over the comming months.
Im seeing masternode as a service- they are selling web hosting. Web hosting for a coin that im yet to see much unique about. Its just another DEX coin.

*uniswap levels of volume

>>20662418
have you tried the Dex?

>>20662491
He obviously have not.
He just got done setting up his Bl0cknet Dex this past week.
When you play around with old tech, you ain't got time for much else in life.

>>20662491
>>20662643
How do I try it?

>>20662855
Join discord, you will receive a beta invite

the faggots with 20+ master nodes are going to use their rewards to make even more master nodes, completely devouring the market share of nodelets such as myself desu.

>>20663386
At some point if there are too many nodes, staking will become more valuable

>>20663386
Sorry anon, planned accumulating MN from reward year ago

>>20663386
Even a 20 MN anon only owns like .3% of the supply.
>t. .16%

>>20663674
has anyone staked 100k or higher?

>>20663386
who the f has 20 nodes

20 nodes. One can dream.

I am but a 9 node middle class farmer.

>>20664765
Bad Vlad

Assuming all block rewards get used to create masternodes, thats a 700 MN inflation per year. The danger of that is bad actors with unlimited fiat printing abilities can eventually purchase enough masternodes to control the network.

Can someone explain to me the difference between staking and masternodes?

>>20665920
Block rewards are a 45/45/10 split between MNs, staking, and the Treasury.
Over-representation of MNs over staking makes staking the more profitable option and vice-versa.
That would also imply that the rewards spread across every single person staking, the entire MN network, and the Treasury would be selling 100% of their rewards for the year.
XSN's MN distribution has a rather healthy level of diversification as is. Some may choose to sell out completely. Other whales may just stay in and stay in for good.

will dex rewards be received right when dex releases?

>>20665957
Staking pays out block rewards
MNs cost money to host and run the DEX so they gain fees from the DEX in addition to block rewards
>>20666060
That happens when MNs are upgraded to Hydra nodes in stage 3.
The fee structure will be customizable depending on the jobs individual MN owners want their nodes to do and should allow the MN owner to run their choice of compatible trading pairs

>>20662418
Yeah it's just another DEX coin that has lightning transactions between separate blockchains that you can do all over the TOR network, nothing new here.

Uhhhhh. Which other dex integrates lightning, raiden and tor?

>>20666055
Still, its absurd inflation. 10%/yr about.

Just flip the letters around and then you'd be investing in the correct asset - snx

>>20666292
the economics of xsn's ecosystem should allow it to scale and adjust perpetually. long-term, a possible complication may be one where the rate of inflation doesn't produce enough MNs to keep up with network demand. that could possibly be alleviated by upping the minimum requirements for MN hardware to higher specs.
on the other hand, perhaps the rate of inflation is a bit much and leads to excess. i'm doubtful it would veer this way, but it could possibly in the depths of a future bear market. coin-burning should come into play quite nicely.

>>20663386
Well, if you put your first decade of masternode earnings to good use then at least your grandkids wont have to wagecuck.

>>20666292
With the double amount of coins, inflation would then be cut in half since the inflation is fixed.
You are also not calculating with to 10% of all trading fees that will be used to buy up coins directly from the sell walls and burn them.
In theory with a high enough trading volume on the Dex, the burning of coins coin be higher then new coins created.

So I have a very hard time understanding your argument, unless it comes from a point of ignorance.
Then it makes sense.

>>20666472
Im thinking that as powerfull as masternodes are going to be, they will need to be run on dedicated VPS.

Damn 3000 sats retest? I wanted to get in because of the dex hype. Probably have to wait can’t afford a node at this price

>>20666530
I cold host 10 MNs from a SSD drive running Win 10 LTSB. MNaaS is a great service for running nodes and it could easily be retooled to have a wider range of cost, performance, and efficiency options.

>>20666557
No one wants to sell anon. It's not going down from here. Name another project at this market cap with this much potential. By the time public DEX comes out this will be a $300 million + MC coin. No one's going to risk selling to try and get some cheaper.

>>20666598
Doubtfull you can run a MN on anything less than dedicated VPS with massive ssd because hubs will need full blockchains of all assets. This is not fud, its demonstrative of how powerfull a MN will be.

>>20666665
>off by one
kek
still not selling

>>20666907
Agreed. BTC is almost 300GB and an ETH node at least 100GB.
It's fortunate that storage is so cheap now.
I've personally been waiting just a bit longer til we have double digit TB levels of storage for <$100 to build a new PC

>>20667022
By my rough calculation, 2TB hub requirement. Been pricing service out in anticipation, you?

>>20667071
Sounds right. You're definitely a few steps ahead of me, that's for sure. MNaaS is so low-maintenance it has made me lazy

>>20667233
If you want those fees, you got to earn them. Im learning about Lightning, ubuntu command line, and anything else that I think may be pertinent to operating a hub, all while working a full time job in carpentry. Sieze the initiative, anon.

>>20657260
>below this, having 1 masternode is worth more than having a full time job
>$60k
yikes. maybe like a jr entry level job

>>20668029
You blow that amount in male prostitutes every year. Better get two.

>>20667559
>carpentry
A tradesman? Cool. I apprenticed in machine shops for a few years. It was tough work, man, but you can learn to make or form just about anything.
Get good enough at a trade, and you'll be in business for life.

>>20657260
Only thing I would change is add a 1W collumn instead of 36H, also increase the number of MNs to 3000 since I think it's more realistic. Still though, 1 MN is a make it stack

>>20668029
Now now, most people here are wagecucks making 10/hour, 60k is 10x better than that

>>20668029
60 thousand USD/year is more than enough to live very comfortably in many great countries around the world.

>>20666218
so there's no benefit in owning a node til stage 3 then? other than block rewards? isn't stage 3 going to be 1-2 years out at least?

>>20668520
The way I figure, Stage 2 will be onboarding hubs. Those who have done the preparatory work, upgraded to dedicated VPS, will be receiving the dex fees. This will go on (stage2) until the network is robust enough with hubs that stage 3 can take place, which would be mandatory upgrade for all MN. Then all MN can collect. Im just speculating though.

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, raiden is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and raiden dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and raiden. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product and you can beta test it right now in a private group in discord if you ask nicely.

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, my masternodes will fucking buy me a nice big boat and quit wagecucking.

>>20668029
lol

60k annual is well above median household income in America.

>>20668326
no it's honestly a terrible graphic.

block rewards are totally divorced from trading fees. mutually exclusive revenue streams.

this works much better as a tool for estimating revenue:
https://docs.google.com/spreadsheets/d/10Gi93zes5Gwhv8W8239fnjHFpv9YK7Z-Vg84mgE5vns/edit?usp=sharing

>>20668844
Digits confirm truth.

>>20668917
stop Shilling your awful shit graph, meme money