/biz/ - Business & Finance

That's a lot of dicks you've been sucking.

>>21058092
Hold Bancor to $30. Bancor will eat every single DEX that exists.

>>21058092
How the fuck did you do that??

>>21058092
Buy band or Kava. You could also margin long eth with 3x and wait.

Damn you are doing better than me. I started with 650 usd about 2.5 months ago and i am sitting at 38k

>>21058092
larp

>>21058092
Buy 50 k of waifu and thank me later

>>21058151
>>21058185
lmfao its a bull market right now, if you aren't making insane gains you're actually a fucking retard
my gains aren't as good as OPs, but i am up 2000% in the last 90 days

>>21058151
Tbh there has been ton of opportunities to do that. Every single legit project has been pumping like crazy.

BRDG is doing well right now. Maybe throw $20k into RSR and $20k into PNK? Sell when RSR gets it's Binance listing which is supposed to happen soon.

>>21058092
Ee should team up. Send me an email to btctrader1 at ctemplar. Com

>>21058206
Im 10000000% up in lottery. If you cannot make it, you just suck.

>>21058092
Wow sir u traded this 500 $ to 100k sir.. u must be genius sir !

>>21058092
>So i started out with $500 3 months back, now i have almost $100k.
How the fuck

>>21058137
I'm sorry to do this to you anon, but you have your hopes pinned on the wrong DEX.

Right now all dexes are on-chain solutions.

This means slippage in the form of high transaction fees and returned transactions (that grow depending on the complexity of the trade required), and impermanent loss due to the nature of having to provide liquidity separately from the ordering/trading being performed on the platform.

Stakenet solves both of these problems, by offering low-fee trades with a traditional order book that operates on a layer-2 solution (in this case, lightning network for LTC-BTC-XSN pairs, and in the future Raiden for ETH and ERC pairs).

This layer 2 solution allows for near-zero slippage (only a 0.2% transaction fee, as opposed to the .002-.04 ETH on-chain gas fees for uniswap, as an example).

In addition, layer 2 solutions of LN + Raiden will allow for cross-chain trades between BTC/LTC/XSN and ETH directly. THIS IS A FEATURE NO OTHER DEX CAN REPLICATE. Some dexes offer "wrapped BTC", but this wrapped BTC cannot be treated like BTC; it has to be exchanged back into an ERC or ETH to be spent.

Finally, due to the decentralized nature of the stakenet exchange, KYC solutions will not be implemented on the platform, meaning all of the features of the dex will be available, anonymously.

FInally, from a UI/UX standpoint, the dex will have all the features of a traditional cex in terms of TA/pricing research, as the dex has implemented tradingview compatibility for all matched pairs in the current platform. This functionality would then extend to any other trading pair offered in the dex.

Does that help explain why your on-chain dex is shit and its volume will be essentially transitioned to Stakenet by Q2 2021?

>>21058306
He is very genius he buys this 100x uniswap gems ,, and makes this big profits .

>>21058306
>>21058151
Are you guys trolling or what? Ample did a 100x in like 1-2 months, throw in another 100% pump and you are done. This is only one example. Statera also did 50-100x.

>>21058326
anon... i know you're so very excited about stakenet, but Bancor V2 has none of the issues that you mentioned, and all of the advantages that you mentioned.. I'm sorry, Bancor won.

>Slippage
Bancor V2 20x Amplified Liquidity

>Impermanent Loss
Bancor V2 dynamically weighted pools, single token exposure

>Cross-Chain trades
Bancor already does this as a result of its BNT token. It has cross-chain with EOS and they can add any blockchain they want.

>KYC
Bancor has no KYC

Bancor does everything that stakenet does.... and then some. Not to mention the fact that it's live right now.

Tell me again, how can I earn free money with my LINK tokens using stakenet? Oh I cant? To earn money with stakenet I have to buy XSN tokens...
With Bancor you can earn money with ANY token that exists, by providing liquidity.

>>21058151
i bought tons of buidl around 1 cent which made me $30k

>>21058092
All I've done is lose money. I don't know what I'm doing wrong but I'm about to give up.

>>21058601
>find good project
>hodl
how hard can this be?

>>21058185

>>21058694
>good project
lmao

>>21058326
not buying this shitcoin

>>21058769
You are a gambler who has got lucky and you will lose everything like every other gambler before you, you think this time it's different, that you are not like other gamblers. You think that you can keep replicating your luck with no strategy.

I don't want you to lose money, I just know that you will. It's the way it has to be

>>21058694
I don't even know what constitutes a good project in the crypto space, everything I've invested in just dumps continuously. I've never felt so fucking stupid in my entire life. I bought into AKRO last night, it's my last buy for a month, I did a lot of research and I just don't want to lose money anymore to people completely dumping on me.

>>21058930
fug sell signal

>>21058472
Bancor Dex is just more or less a typical onchain Eth DEX like Idex, uniswap, tokenstore etc. but with its own integrated token .. So you have to wrap/peg every non erc20 asset (eg btc ltc xsn) into an erc20 token to trade it. & as it is onchain: for every swap you pay blockchain fees, less privacy as every tx is visible, speed is limited by eth blockchain .. And less scalability as eth blockchain is already full atm. Stakenet zap DEX is offchain: real assets, no blockchain fees, lightning speed, much privacy as no tx is visible, infinite scalability

>>21058963
Yeah I know. I deserve it and it will continue the cycle. I actually did research on the project and was sold so fuck it, whatever.

>>21058769
>gets lucky gambling with IDEX shitcoins and the BNT pump
>doesnt address a single fundamental point, calls XSN a shitcoin

this isn't a business forum, this is a gambling forum.

>>21058973
>>21059029
give me 1 single reason anyone would choose to provide liquidity on stakenet over Bancor V2
when providing liquidity on Bancor V2 is free money vs providing it on stakenet.

>>21058092
>>21058489
>>21058696
>>21058769
You increased your account by x200 in just three months. A measly x10 from here shouldn't be too hard for an elite trader like yourself.

>>21058694
Quick advice, dont hodl forever. Eventually you are going to want to sell so you can find something else to hodl.

>>21059108

Here is one reason

So just so we're clear, OP is:

>so poor that he had only a meager $500 to "invest"

>such a genius that he can turn $500 into $100k in a matter of months

LOCK is very cheap right now, balancer pool due to launch in a couple of weeks. 100x by October. You will have seen it shilled a few times on biz but it's still an exceptionally young project

>>21058694
OP didn't 200x his net worth by holding, nothing went up that much. He must've compounded gains over and over again, at this rate he should be a multi millionaire before the end of the year.
300$ -> millions in a couple of months, that's impressive OP

>>21059279
Actually I should probably try it before shitting on it, I'm biased because I am holding XSN.

Both seem like good projects to invest in for upside, but not sure which one is better desu

>>21058696
im not saying you didnt make that much. Im saying you didn't make it trading from $300.

>>21059279
im an american "restricted" from using Bancor, but I use a VPN
why? Because if i stake my tokens on Bancor i get free money
what do i get if i put my tokens up on stakenet? nothing, right?

if i fill the entire stakenet order book with LINK, i get nothing.. why would i choose this over supplying my LINK into Bancor and earning free money?

>>21058390
Ahh you guys are playing shitcoin musical chairs

>>21059316
He got lucky on buidl and went from $500 to $30

From $30k to $100k he could have literally just thrown the money at anything shilled Recently on 4chan to get there

>>21058182
wtf how?

>>21059108
>give me 1 single reason anyone would choose to provide liquidity on stakenet over Bancor V2

'provide liquidity?' What the fuck are you talking about nigger? Stakenet is OFF CHAIN.

>The coins which the users hold in XSN Dex never leave them unless the transaction is completed, allowing for unlimited access. With these coins in their own wallets, users also benefit from all the utilities, features, and staking rewards of the coin. Furthermore, the user remains anonymous as they do not have to provide any Know Your Customer (KYC) details to anyone, providing complete anonymity and freedom to trade without worry or fear. All transactions are done on a peer to peer basis without the involvement of a central authority, making transactions more secure and less expensive as the fees are lower.

>Another key point of the XSN Dex is its ability to aggregate other exchanges (decentralized or centralized) in it. By making use of its API and algorithms, we create a bridge between different exchanges order books, so XSN Dex captures further value for the Stakenet interchain economy. In the end, all Stakenet users can trade with any other compatible exchange through one interface.

>>21058151
Pretty easy if you have above double digit IQ. It’s pre bull market.

>>21059682
right so again, i get absolutely nothing out of using my LINK in stakenet, correct?

if i use my LINK with Bancor i get free money every single transaction. no such free money exists for me doing anything with my LINK with Stakenet, yes?

>>21058696
You don’t wanna show the exact amount. Last time I showed my blockfolio someone doxxed my etherscan revealing all my trades.

>>21059732
MUH FREE MONEY

nigger, listen to yourself. why would you get 'free money' by fronting your linkies for liquidity when people could trade on Stakenet with no bullshit 'on chain' liquidity pool?

Literally no one is going to use Bancor, or Kyber or any on chain bullshit after stakenet implements Raiden.

Parties will be able to trade directly between eachother safely, instantly, cheaply and privately.

These are all important, but the most important in contrast to Bancor is CHEAPLY. Stakenet is going to be a hell of a lot cheaper to trade then congested on chain networks. So no one will use them. Do yourself a favour and get on the XSN train lad. Swallow your pride and make it with us.

>>21058092
So let me get this straight. You've managed to average a 6x every month for the past 3 months? Anon, at this rate, you'll be a millionaire if you just keep doing what you've already been doing for another 2 months.

>>21059913
It hasn't clicked for him yet anon. Give him time

>>21059913
So the answer is no. I see. Yeah, i'll stick to Bancor.

Have you considered the fact that because Bancor allows every single person that owns any coins at all to earn money, it will attract them to the platform?
You could own any coin that exists today, and earn free money with it by using Bancor.

This attracts people to the platform. No such incentive exists to attract people to Stakenet.
We will see who is right, but i know it will be me. Every single person and their brother will flock to Bancor to earn free money on their shitcoins.

Nobody is going to stakenet to earn money on their coins, because they can't.

>>21058151
Do you realize how many people on this board are trust fund babies with shitloads of cash to blow? Just because richfags post here doesn't mean they know a damn thing about economics.

OP,
how did you find out about BUIDL if you don't mind me asking?

>>21059683
>Pretty easy if you have above double digit

Hahahahahaha the biggest gainer this year is unibright which made a x50

Assuming that you bought in the minimum and sold in the maximum, it makes 500 to 25000. You would need a fourbagger to reach 100,000.

I’m not gonna say that’s impossible, but it’s not that easy.

On top of that, someone who can just afford to invest 500 usd in crypto, with those big profits, would have cashed out long time ago.

>>21059021
Damn son, not even 30 mins and it dumps.

>>21059959
>He is naive enough to think he can earn 'free money' on an exchange no one is going to use to trade on

>No incentives exists to attract people to Stakenet

>>21058151
for every one that succeeds theres a hundred that fail and don't post. it's also extremely likely they are in the actual /biz/ pump and dump discord that got locked down sometime in 2017 so they have sure things, they aren't actually taking risks like you and I.

>>21060090
Would you like a screenshot of the $150 I've earned providing liquidity on Bancor for the last 5 days now or later, anon?

Should I also let you know that these are fees earned from providing ~$4000 in liquidity, pushing my APR north of 200% annually

>>21060090
Actually I have a fun idea, you post a pic of the volume on stakenet
And i'll post a pic of the volume on Bancor

You in?

>>21059959
Well to use Stakenet dex you don't actually need to hold any XSN, or touch it even.

I think the incentive may be if the cost of trading is less than the free money earned on bancor. But I'll agree that it's a solid incentive, psychologically I would reckon people with any coins at all would be like... Yeah why not let's post them here and collect some tokens.

>>21058092
larpy larp

>>21060035
You're riding a single token to 50x.
You do realise you can take profits and multibag right?
You only need 4 coins to do 10x to go from $100 to a Mil

>>21058092
What app is this anon?

Short term capital gains tax

>>21060683
>You only need 4 coins to do 10x to go from $100 to a Mil
Finding those 4 coins is challenging, anon. Especially at the 100k mark, at that point you can't gamble on a random defi shitcoin, you HAVE to pick one of the big boys.

>>21060723
You can use delta, it has a similar graph and also tracks shitcoins.

>>21058092
>biz millionaires advice me how to go from here to $1M in 4 months
buy chainlink

>>21060683
>You only need 4 coins to do 10x to go from $100 to a Mil
imagine saying this unironically

>>21059021
Dude stop fucking buying the top of 20x pumps. Literally the only way to lose money in theis space in a bull run is to buy shit thats pumped 20x then panic sell when it inevitably dumps and buy into another 20x pump. Just find good project that hasnt 20xed and be patient. Not everyone will have the same timing so don't be jelous of people who are going 10, 20x or more in the meantime just be patient. And when your coin does 10x you can move it into another good coin that hasnt pumped and again be patient. Another 10x on this one will net you a 100x overall. and rinze and repeat.

>>21061325
We're not fully bull run yet, for most of the past year 29/30 coins would have lost you money. There are three coins worth possessing. Well maybe also BAT given it's free.

>>21059683
So what do you lurk here for the spammed shitcoins?

>>21060683
If it was so easy everyone would be a multi-millionaire.

>>21058696
All the newfags not knowing how to inspect element

>>21061466
Most people don't try.
I've watched everyone making it on /biz/ from my /pmg/ safespace for several months before I sucked it up and bought some shitcoins.
Best decision ever.

>>21059209
Harder to do with volume on smaller caps

>>21061398
Yea if you consider the 5000+ total shitcoins. Anything defi related or recently hyped and tons of other things have at least 5xed or more in past months.

>>21058326
How is the government going to tax your gains made through the DEX? Won’t the government have an issue with it being decentralized?

>>21061548
are you a millionaire now?
>>21061510
0x9e7fed902c2569438b8d8c2e81bb482ea5a9d20c
0x1fa762d0d00e31b837e261b32db5c446c0af8267
these are his trade addresses, not larp, but not initial 500$ either it seems
OP just got really lucky

>>21058092
Guys I need to make September rent. How can I turn $230 into $1520 by September first?

>>21061716
ampl until 1.4$ -> curv when it gets launched or some other flavour of the week

Buy Statera

What's the best coin to buy right now on Coinbase?

>>21058206
>>21058208
>>21058390
SHUT UP SHUT UP SHUT UP
I am only up 50%

>>21061698
I've literally chosen an existent wallet before to use as a larp. I inspect element'd my "wallet" to match an account and shilled some shitcoin as my next buy.

where do you buy bancor????

>>21058092
just buy BTC/ETH and hold it for 2-3 years.
be patient.