/biz/ - Business & Finance

>>21026888
checked. i have been searching night and day and i cant find anything with as much profit potential as XSN. I'm balls deep.

>>21026888
ok I bite, my profits from BNT make it more and more likely I will actually buy 2 MN of this shit, but this seems like a long hold so I only want to have 25% of my stack locked up in a project like this.

>>21027013
You already get 16% returns from just holding, even if price doesnt move up.
I make about 9 bucks a day just from having rewards from 4 MNs.
Staking, even without MNs, gives about the same return - 16%.

>>21027150
When you consider CRO has a 2bil mcap just by virtue of its 16% return, you begin to realize that this 25mil mcap gem has massive potential, both in the short and long term.
The search for yield will be a big driver of growth once people carch on.

>>21026888
checked and based af.
10$ eoy

>>21027202
yep exactly. once this his critical mass yield farming on xsn is going to push the price very high, very quickly.

10Mn at current price 2300sats
>>21026888
CHECKED.
>>21027150
Based.

>>21027555
Checked back

want to fast forward where im right

8 masternodes checking in

FUCK OFF STOP BUYING PLEASE I HAVENT GOT MY STATERA REFUND YET AND ALL MY CRYPTO MONEY WAS IN THAT

FUCK PLEASE STOP I WANT A MASTERNODE. STOP BUYING PLEASE FRENS

CZ going to lose alot of liquidity to Stakenet.
Once stakenet vortex sucks up all the trading, who the fuck would want to use some cex shit Binance?

Once that liquidity is on LN and Raiden, Stakenet Masternode owners are going to be on permanent summer vacation.

I'm so pissed. Could have bought 2 MN for .604 BTC yesterday. now I'm paying .71
oh well. even if the price doesn't go up i'd make that difference back in less than a year from the nodes

>>21028240
did you buy before the big 5x pump from ~$.05?

>>21027555
neat interface! is that from the beta dex? Doesn't look like the wallet..

>>21028864
thats the best way to look at it.

another way is is, there are more millionaires in the US than available masternodes.

let that sink in.

>>21028566
Stakenet has aggregators to suck liquidity from the CEXs by putting trades on them if there is insufficient liquidity in the DEX

>>21028911
i have to force myself to not look at this chart 10 times a day.

desu I'm a little concerned that the release wont be all that we hope it will. I havn't tried the Beta DEX yet, but i don't think it's going to get much traction until there is an easy integratable wallet like metamask. the reason uniswap is so popular is because its just so freakin easy to use. Any sort of barrier is going to cut down on the number of users and thus volume.

anyone have any experience with wallet integration specifically and ease of use on the platform? I've seen the video of the platform and it looks slick and easy but haven't seen how the wallet works

Why haven't you watched the coolest video of Stakenet yet, anon?
https://www.youtube.com/watch?v=e2MKOXXg048

scam look up posw

>>21029311
okay i think i get it now. Send you're funds to the "light wallet" which is maybe comparable to something like MyEtherWallet, and that is connected to the dex and funds are traded from the wallet.
For some reason i was thinking it would be a similar experience to using the xsn Core wallet, which is pretty clunky.
thanks anon. i saw this videa early on but guess i didn't even know enough at that point to really understand what i saw viewing

>>21029545
Yeah, the core wallet reminds me of early BTC wallets. Seemed a bit old fashioned.

I think they also need to fast track the mobile wallet for proper adoption, and preferably nothing should be more complex than Uniswap.

>>21029729
core wallet simply enables you to run your own staking node, and also is required to set up your master nodes.

The team does not recommend you run the core wallet/leave it open for long periods of time unless you are acting as a merchant node and need to distribute TPoS rewards.

>>21029152
its a scam stopped getting tricked by a ponzi chart they already scammed everyone with PoSW and now it's memory holed. look at the price in the face of their biggest release. literally the point of the whole project is about to release any day and there's no movement. 2 conclusions people know its an obvious scam and are not buying. people are tricked by the dex release scam but they are getting dumped on as fast as they are fomo buying

>>21029545
Yeah, I'm not completely sure how the light wallet works, but I believe it doesn't hold the blockchains themselves on your computer, which is what makes them capable of having so many different coins while remaining small in size, etc. So the potential users will just have to get a download of the light wallet and then send their funds to their address and start trading, within minutes basically.

>>21029729
I always trade from my laptop so hand't even considered that -- thats a good point though, I'm sure there are tons of people who only use tablets or phones.

Given how thoroughly they've clearly thought about this, I'd be surprised if they havn't realized this too. One step at a time though i guess. This one is definitely a long term hold, but seems like if we really are at the start of a new bull market the timing is pretty perfect

>>21029769
>also is required to set up your master nodes
will this be true once cold staking is available from with ledger/trezor?

Does anyone know the time it takes to start generating regular staking rewards? I'm been keeping my wallet running unlocked for 24/7 for two days and have no idea if it's working or not. My MNs are generating though.

>>21029947
Took about 3 days for me. It takes longer depending on how many nodes are active, so about 4 days

>>21029835
Yeah I've been following them throughout this year and they've been thorough with dex feedback, I think we should be seeing it live very soon

>>21027150
Yeah I’ve only got 5K XSN because I’m a poorfag, and I’m pretty blown away by the staking. Only exposure to staking that I had before this was Tezos on Coinbase and it was fucking shit.

>>21029912
you'll still have to get new legacy addresses to assign to your node, so as far as I"m aware yes.

>>21029947
how much is in your wallet? staking rewards scale depending on your balance.

>>21026888
I got BTC on the way to livecoin now
Also selling my dogshit swipe today hopefully if my sells fill and getting that in. Don't want to miss this release moonshot

>>21029947
You need to do more than hold them in a wallet I believe.
I just stake on the cloud for now, I only have a few K above my MNs.

>>21029152
Anon. How about you just come to the discord and test the dex.

You can tell the team if it's easy or not

>>21030768
fair enough!

>>21030539
release this month, raiden likely by EOY, hydra EOY 2021.

We'll be sitting on a cash cow in a year and a half.

Is XSN bullish for Litecoin?

So I had a question bros. What if someone just forks this shit and ask that hard work of 2 years is stolen and watered down basically

>>21030956
in the short term maybe.

Long term I don't think it's any more bullish than coinbase or binance support really.

>>21031004

>Why is there a need for the token?

If using lightning .. just base denominate in LN/BTC

I don't see any need for the xsn token/coin

Guys don't pajeet me on this one. How much is this shit going to pump before the DEX releases? I'd be a lot more comfortable buying XSN off the dex than livecoin, can i just wait?

>>21031146
The fees where swapped into xsn and so bought from the market. Regardless of pair and currency.
A slice of that fees getting burned too.

>>21031128
I want an answer from biz

>>21030949
hail hydra!

>>21031004
how do you fork an app?

Sure, you can copy it, but in this case the app & the coin are systematically interlinked - to modify this would require a significant amount of work, both to replicate/reverse engineer the app, and to create a new coin (or fork XSN) to recreate the tokenomics.

Then, you'd have to get user adoption, find new liquidity sources, establish a hub system, etc. etc.

It's really not as easy as just copying a git source tied to a webpage and recreating the site on a different URL. It would take quite a bit of work to rebuild/reverse engineer the app.

>>21031209
Just stick your dick in Livecoin for a few minutes she won't bite. I was in and out in 30 minutes. It has about 1million dollars in trade volume a day on XSN alone. I'm sure it wouldn't if everyone was getting bit

>>21031300
Well information posted in forums is usually based on research. From what I personally have been reading, forking is difficult because there is closed source code for the wallet which has many years of development behind it.

Next, there is first mover advantage with masternode holders. So you would also need to convince people to buy into other nodes instead of Stakenet which may not make sense economically unless you have some cutting edge twist added.

>>21030428
I've got almost 14,000 that I want to stake as well.

>>21031209
I think you still have time, there is alot of doubt surrounding the project and no official dex release date, but the news posted is indicative of something coming out soon. Team officially said last month release was closer to 1 month than 6 months, so take that for what you will.

>>21031233
do you have a source that says all fees will be bought on the market - converted to xsn?

>>21031564
do you even dyor? they said, on August 1 @ twitter, that the dex is releasing "this month". So max 3 weeks until release.

>>21031736
Read White Paper, watch their YouTube channel. That's all you need.

>>21031842
Oh my bad, thanks for correcting anon

All you need to know is the lightning and raiden are the future of defi and XSN is the only fucking project to leverage both into a dex.

Come test the motherfucker in discord and see this beauty for yourself

>>21026888
>>21027555
>>21028566
>>21028911
>>21029311
>>21029355
>>21031233
>>21031300
CHECKED.
10 Dolah e oye

1 MN for 3500 is as deep as i can comfortably get into this, but feels good having a seat on the bus

>>21032210
same, fren

im gonna get priced out. fuck.

>>21032598
>Definitely not going to buy Link, as it's now $0.20. It had its run, good riddance.

>>21032598
Imagine when a MN costs $15k, normies priced out soon. There really is a small window of time to get in on some of these projects

How many tokens for a masternode?

>>21033055
15,000 xsn

>>21033055
Sorry actually 15,150 XSN if you set it up using Mnaas

They've been saying soon™ and this month for sure™ for 2 years

>>21033087
>>21033119
Well, looks like I'm priced out already. All of my shitcoins together don't get me to 11 ETH.

Lol i agree that anyone waiting too long will get priced out, 4k now could be 15k per node. You would have to sell your car for a node

These threads are always uncanny it's like a bunch of the same person talking to each other no matter how hard they try.

>>21033673
XSN is one person

Anyone ever had a MN stuck on pre-enabled? Setting one up now but it seemed to be stuck on this..

>>21034342
Yes, it takes about 4~5 hours for it to get initialized. After that you get an email to tell you to "please restart your node"

>>21033673
lol COPE

>>21034401

Thanks bro, the tutorial vid said 15-30min so was like wtf

>>21034588
Yeah I know, I was also mindfucked by that. No idea if it takes longer because it's been 2 years since the video or something.

>>21033673
Ya hi I'm actually all the anons combined. Forgot to mention that when you hold a masternode, your consciousness gets uploaded through the core wallet and you assimilate with the XSN hive brainlet.

>>21033154
Pics?

>>21034588
checked
>>21034675
there were less Nodes then, More time it will take to set up and getting the first reward.

>>21034301
>>21034434
>>21034685
>couldn't help making a new id to dogpile
loving every laugh

>>21035306
Fyi you are assimilated already and your task is to fud on behalf of xsn, just so it doesn't seem too good to be true.

You are doing well my young one..yes...

>>21035401
do you or any of your retarded shills actually believe this will work or are you all just unable to perform if it's even more than one person?

>>21035526

How do I stake or MN this coin? Have 15k, just got done accumulating...Which is the better option?