/biz/ - Business & Finance

Unfortunately they gobbled the release. No one even knows they released it yesterday.

>>21885472
Its a public beta not a release yet

>>21885472
But yes the horrible marketing is gonna kill this project

>>21885495
Why would they market if it's not finished? There are heaps of improvements to be made, as evident in the discord.

>>21885480
This release is 99.9% comparable to the “public version”. Autism prevents them from grasping what’s truly important—publicity.

>>21885535
I disagree, there are a lot of improvements to be done which will help in the long run. Raiden / Public distro is when they would start advertising.

>>21885526
>Why would they market if it's not finished?
lmao. Why does Tesla market their future products, even though they are not finished?

>>21885549
Marketing when raiden is integrated? Yeah, cant wait until 2022, surely this has not slipped to 0 by then.

>>21885583
This is crypto we are talking about. Tesla is already a large company, plus they like hyping their onion boys.

>>21885612
Retarded fud. Raiden will be done within a few months.

>>21885472
that because they didn't released it yet

Look at what happened: Product release followed by a few hourly green candles, and now it’s already bleeding back to 1800. Keep defending the release strategy though.

>>21885549
I think stakenet needs to capitalize on its L2 DEX first mover advantage though

>>21885674
>Public beta
>Product release
Pick one retard.

>>21885680
They've got plenty of time, no competition comes even close. Raiden will be done within a few months.

>>21885681
Still going to bleed down a lot. Guess people can accumulate more at least

>>21885785
Probs will bleed. The dex fees are supposed to support xsn by converting to xsn. But since fees are currently 0 that's not going to happen for a while. Orderbooks are also thin so yeah.

price needs to go up not down. Don't need people buying more MN's. That means u get less rewards.

>>21885850
But the shills think it’s GOOD that it’s bleeding. Don’t you dare to criticize anything the team does.

Raiden will come soon enough.
We just need tl have free listing like uniswap does to allow newfags to bet on scams using stakenet, if it's just erc 20 blue chips then normies would still pick coinbase and binance.
Will see soo enough, sitting on 20 MNs comfy as fuck

>>21885942
If you are really sitting on 20 MNs you should know that the devs wont allow shitcoins

>>21885959
Indeed

>>21885959
It's incredible how these shills don't even know what's happening on their own project. It's almost like they got tricked into buying it, and now they're trying to shill this garbage they're bagholding.

>>21886107
do you get paid?

>>21886107
Lots of retarded moon bois who can't do basic research.

>>21885959
Source? I just assumed since the team likes decentralization that they wouldn't fuck us over and only list the blue chips

>>21886214
>source: his asshole

>>21885368
>Why is it so good bros?
what is this and how do i buy please spoonfeed me im an absolute retard monkey
https://www.youtube.com/watch?v=rxhPI-ACYSk
but actualy though will this XSN shit make me rich? im getting desperate im so deep in the red my entire savings is on the line i need to make the money back im so FUCKING ASHAMED WHY AM I SUCH A FUCKING RETARD FOR LISTENING TO THOSE STATERA FAGGOTS AAAAAAA

>>21886267
Just wait till end of year once raiden is done.

>>21886267
>>21886286
>Just wait till end of year once raiden is done.
what is raiden and why end of year wtf can you do with raiden please explain

>>21886267
>what is this
It is a second layer solution DEX (completely decentralized) COIN that uses masternodes to solve the liquidity problem of the lightning network. The incentives to hold a masternode are insane, you're going to gain part of all the trading fees. Raiden (aka, all ERC20 tokens) is coming soon. Just entered public beta.
>how do i buy please
See pic related.
>but actualy though will this XSN shit make me rich?
I'd say the probability is one of the highest in crypto right now, considering muh fundamentals.
>WHY AM I SUCH A FUCKING RETARD
Because you don't research the shit you invest in. Here I'll spoonfeed you.
Good video: https://youtu.be/e2MKOXXg048
Another intro video: https://www.youtube.com/watch?v=sXj3_qKSUBk
Whitepaper: https://stakenet.io/Stakenet_Whitepaper.pdf

>>21885655
Based pajeet XSN shill

>>21886315
Oh, and you can buy XSN directly from the decentralized exchange accessible from here.
https://medium.com/stakenet/stakenet-dex-open-beta-dd5c78175608
>what is raiden
It is the second layer solution for Ethereum, which can be integrated with the lightning network to allow for eth-tokens to be traded on the dex.

>>21886407
>>21886485
Based spoon feeder.

>>21885368
Why does it keep dumping if it's such a game changer?

>>21886511
Every shitcoin you end up bagholding is "a game changer". Failed shitcoin project #72455.

>>21886407
actually, the best way to buy XSN now is through Stakenet DEX with BTC

*kills your DEX*

Nothing personnel kid

>>21886590
>binance shitcoin
No thanks cz.

>>21885368
holy shit they literally just copied FTX/Alameda's platform lmfao
https://ftx.com/trade/LINK-PERP

>>21886511
That's an easy question to answer. Because of the low exposure, heavy fudding shaking out weak hands, and likely whale manipulation trying to accumulate more cheaper. The fundamentals haven't changed, in fact they have gotten stronger than ever. All in all, now would seem like a good time to buy a spot on the rocket bound for Pluto.

>>21886623
>Copied
>Looks completely different
You blind? Or let me guess, trying to insert your shitcoin in this thread.

>>21886632
give it a break. it's quite clearly useless shite. why don't you fucking buy more yourself. no one here is falling for this shite anymore.

>devs dumping to 'increase levels of decentralization'
>no marketing whatsoever
>scamcoin based on a rebranded scamcoin
>discord bans anyone asking questions deeper than when moon
>sorry guys we are abondoning the project thank you hodlers for all the support we have to idea why it failed and certainly didn't avoid marketing as a convenient excuse so it doesn't look like we just wrote shit code and failed for a reason
I'd be disgusted if it wasn't so damn funny how many people they got to fall for it.

>>21886687
Because I'm a poorfag who's all-in already having bought 3 masternodes. The money I have left consists of my neetbux for survival. I can't speak for the other anons.

How about you join a real DEX project where the CEO isn't after a quick money grab? The guy literally built FTX and Serum is his Magnum Opus.

>>21886711
And here's the proof.

Reminder: ask about the “whale channel” on discord. It’s a basically a price manipulation channel moderated BY THE DEVS where they pre-announce everything etc. Recently they have acted like it doesn’t exist, since they realized it’s a really scammy thing to do.

>>21886711
ooft. better get out while you still can bud. pretty sure whales/devs are all exiting

>>21886511
the overall market is still dropping collectively. also might have something to do with the NON STOP FUD that XSN gets on /biz/.

>>21886786
Make me faggot. You think I give a fuck about my money. SHYGDDT, you're ngmi.

>>21886704
>>devs dumping to 'increase levels of decentralization'
any proof?
>>no marketing whatsoever
why would they market something that isn't ready for full public release? Also, If it's a scam, surely marketing would be a priority?
>>scamcoin based on a rebranded scamcoin
...right
>>discord bans anyone asking questions deeper than when moon
any proof?
>>sorry guys we are abondoning the project thank you hodlers for all the support we have to idea why it failed and certainly didn't avoid marketing as a convenient excuse so it doesn't look like we just wrote shit code and failed for a reason
...right

please kill yourself immediately

ETA for Hydra?

also is 3 MNs enough to eventually live off passive income?

>>21886849
Just after the rug pull.

>>21886846
I'm sorry for your loss.
>>21886849
Soon! Moon! What a boon! Raiden is basically finished, $10 eow, hydra right around the corner, most likely eoy. Just need a little more finishing touches and stress testing ;)

wETH/BTC swaps already done on DEX/wallet

https://streamable.com/j65g7g

>>21886866
Just a 10x away from almost matching a min wage paycheck... Before taxes... Better buy now before its 69k for just one! 40% of network locked in nodes already, 50% in staking, little supply and even less time left, buy buy buy!

>>21886866
You'll likely be generating about~ 5~6 XSN/daily, so if we get to $10 a pop (mind you chainlink's equivalence considering market cap would be around $3). That'd be 3 * 10 * 5 =$150/daily. I'd say that's enough to make it wouldn't you? That's not considering the price your masternodes themselves would be at: $15,000 * 10 * 3 = $450,000

>>21887001
Sorry, I meant each of your MNs would be generating 5~6 xsn, so all three would be 15 a day. So just take that number and multiply with whatever you believe the price will be. If we get to the same market cap as Chainlink we'll be 3.5 times their current price. So about $45 considering the price right now. At that point you'll have almost made it with a single masternode.

>>21885612
WHY IS THE DEV FOCUSING ON MAKING THEIR PROJECT DURABLE AND LONG LASTING INSTEAD OF SHILLING UNTIL I CAN SELL MY BAGS AND THE ENTIRE MARKET GETS BORED OF THE PROJECT AND LEAVES IT BEHIND!!!!!!

>>21886776
See how this doesn't addressed?

>>21887001
How hard could it be to go from 37 million to 5.1 billion with a b? Just a 137.837837837x away from making it. Xsn is so good it will definitely see 1.5% crypto dominance
Lol

>>21887158
It's just a coincidence that the term whale used in crypto shares the xsn subculture specific term which holds an entirely different meaning. Stop asking hard questions, we have answered it over and over again and are tired of knocking the same weak fud a thousand times each day.

>>21887165
>How hard could it be to go from 37 million to 5.1 billion with a b?
If the golden bull run does come, I'm sure we'll see those numbers many times over, if the dex/hydra is out until then.

>>21887234
>if
Don't worry bro, 3 years is plenty of time. I say 3 months tops before they share the only real monetization of their project with 'investors'. Why would they prolong phase two any longer than necessary? It just makes sense.

This fud is fucking pathetic. Just go back to spamming SCAM.

>>21885368
Newfags gather around. Link whale here.
Let me tell you something about this project.
IT. IS. BULLSHIT.

> Pajeet team
> Nothing is working. Even their shitty walltet is full of bugs
> 'Frequent' updates consist of typo corrections and the like. no new code being developed
> Original code base is stolen
> rebranded after first exit scam
> Team constantly dumping
> No market (there are countless! CEX and DEX)
> Telegram is full of pajeets
> Team members use their twitter account to hype the price and then dump all their tokens (just look at the last 2 months). Hype hype hype, nothing delivered.

I could continue the list but I think you get the point. Since I have a good day, I'll give you another friendly tip: LIT. Thank me later.

>>21887555
Checked and fuck off. https://www.x9developers.com/

Your fud is weak. Same shit as always but this time you combined it all together.

>>21887555
>is smart enough to own LIT
>retarded enough to not own XSN

i can only assume your an XSN whale

>>21886704
>>21887165
This. This. This.

>>21887001
> Hurrdurr i invest thousands of dollars to make 30ct a day. moron.

>>21886590
ssssh. not yet.

>>21887442
I thought it was obvious enough that's all I had to say but the swathes of dupes who got justed would say otherwise. You just want to be able to say it's not a scam instead of countering any points on a level more involved than just a no u. Call me a fag but 4chan is like a home to me and I care about my friends' financial well-being. If I get through to even one person it will have been worth the effort. I want to see all of us get rich except for preying scammers like you targeting the weaker members in our herd. I've nearly made it thanks to this place so I just want to pay it forward and help the newbies out a little. Sorry if that interferes with your plans here. You might have an easier go of things back on rebbits and Instagram or whatever it is the kids are doing these days.

>>21887648
Fuck off you homo, anyone who isn't a complete retard understands how good stakenet is a project. It's fudding hypocritical faggots like you that are the problem.

>>21887675
>project good
>number go down
>pic related. you after whales have finished dumping on you

>>21887555
But don't you see how productive they are. Don't say the wallet is buggy and full of typos. Sometimes they'll push three new wallet updates in just a day, they work tirelessly and the polished ui of the core wallet really shows how much effort they put in.

>>21887675
> 14 posts by this id
I think you are the only retard in this thread. You can make as many posts as you like. People have lost so much with ample, shuff, bree... and now you come around with the latest scam of the week. pathetic.

>>21887701
Weak, they stopped working on the core wallet since the light wallet is their priority now

Like how the fudders are completely ignoring this video of WETH/BTC swaps showing Raiden already up and running in wallet.

https://streamable.com/j65g7g

Also Raiden devs themselves praised the team on the work they have done already in this weeks Raiden update but yeah let’s all listen to biz shitposters with weak fud

>>21887701
Core wallet is being replaced by the new lightwallet so why use resources on it when nobody will be using it now.

>>21887712
Good choice, who needs core functionality in a project of this size?Excellent prioritization skills on their part to focus on making a lite wallet look flashy. Sometimes a turd is just too hard to polish, lower the bar and focus on something easier. What an amazing and highly skilled team.

>>21887735
I thought the point of Raiden was so you could use ETH. Isn't that what the shills said make xsn special? Everyone can used wrapped assets already, and on actually completed and established platforms. I *wish* they'd focus on this more. What the shills think is their trump card turns out to be better fud than what even the biggest le cz bogeyman fud bully could ever dream of fabricating.

>>21887759
Why does anyone need to use the core wallet? Upcoming hardfork allows MN control and management from Lightwallet as well as TPOS so nobody needs core wallet.

>>21885368
Daily Ponzi Token Uniswap

Hey anon, here's the most degenerate token ever. This is genius.

20 eth initial liquidity,
5 eth liquidity for 3 hours (every 15 minutes)
Total Liquidity: 80 ETH,

How are you gonna win?

first come first leave, buy early sell high in a few hours. After 3 hours, initial liquidity will be removed and a new ponzi will be started. There will be 5 ponzi with different mechanism today.

Good Luck anon
Slow day at the market, this is your only gain today. Second liquidity has been added. people are buying, dont be late. x5 in a few hours.

First 2 liquidity has been added and there are 10 more to come. This is just so early and people are already buying. Come to discord

https://uniswap.info/pair/0xdea726e66aca94bda2f4092322660db2c9e59a05

https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0xd7fd7785e31d29f8a4044259e8b0164c8c0f21cf

>>21887812
WETH is an erc20 token. ETH cant be swapped because it doesnt conform to the erc20 standard. BTC to WETH is therefore significant. do your fucking homework you stupid cunt.

>>21887812
Everything used wETH because ETH can’t be swapped at all as it doesn’t conform to its own ERC20 standards. The difference with wETH and other wrapped assets is wETH is actually backed by its own blockchain ETH Vs nearly any other wrapped asset like wBTC.

Go check Uniswap it’s all wETH pairs as it’s only way to swap ETH until ETH2.0

>>21887759
Biggest schizo in here

>>21887816
How does proof of stake work and secure the network when no one is running the whole blockchain. Sounds like a point of attack waiting to happen. Not that it matters when the teams owns as much of the supply as they do, but still...

Knew the fudders would be out in force today being salty as fuck because they sold at 2k just before it flew up to 3k on beta release. Die poor faggots you had 2 years to accumulate

>>21887845
>>21887852
I see. The bandaid solution didn't work, so these other guys will fix by putting a bandaid over the bandaid. Genius. Looks like ethereum is saved.

>>21887910
12 posts of pure seeth, fucking hilarious

>>21887880
Kek, you wish. Try 4.5k. Just because it's a scam doesn't mean I won't profit from it. Buy low sell high. In a way you are lower than the guys buying high and selling low. You think it's not a loss until you sell but look at all the trx and xvg bagholders. There is no virtue in holding to zero. Swallow your pride and cut losses now while it won't sting as much. Remember me in a few weeks when you're checking blockfolio and see it's back to 500sats.

>>21887956
Post your trade history as proof pls otherwise just another kek, seeth harder

And just like that the fudder is gone when proof of his sells at 4.5k is asked for. Just another seether who sold the bottom

>>21887705
>Scam of the week
>Been posted for months, years
>Up over 500% since march
Absolute cope from cz and co, try harder. Your fud game is weak.

>>21886590
lol

their synth trading platform has been in full release for months now and does $2m volume.
they had one 'test day' for their L2 solution in May and have just been sitting in it since. why? if they had a solution for decentralized layer 2 swaps, and it was functional with no issues, why would they sit on releasing it for months like this?

besides, this platform is literally for retail shitcoin traders and gambling addicts, and that's it. no serious volume is done through synthetic assets because is creates an additional layer of complexity and abstraction that complicates arbitrage.

arbitrage is where the real volume is, and where market makers get the lions share of fees.

the retail market is largely saturated, and it's going to get disrupted again by FTX and their derivatives tools by end of year.

meanwhile, the dex is going to draw liquidity from every major centralized exchange and connect them all via layer two, allowing near instant arbitrage on cexes, and one conf arbitrage on most layer one decemtralized solutions (i.e. the ones that don't limit their volume by forcing artificial barriers to entry like synth tokens).

let's face it, your synth-based derivatives platform is going to shrivel in the wind over time because the devs are more interested in the derivatives products they can offer than the back end that supports the platform.

you truly have no vision, and don't understand the dex's alpha. stay poor.

>>21886849
no specific timeline. probably a year or so, following raiden and eth wallet integration, likely to coincide with release of their VIPER product designed to support the network needs for Hydra.

>>21887879
master nodes and staking nodes run the core wallet, they sync the network you mong.

you have to run the core wallet on your master node VPCs, or to earn PoS rewards. the idea is to segregate the wallets holding the funds from the core wallets doing the staking and network support in order to provide a layer of abstraction for dex hosting, as well as to allow for an additional layer of security since you don't have to host your private keys in a wallet that's continually running to earn staking rewards.

>>21887812
you have literally zero understanding of the eth network.

go on uniswap - what are all the exchanges trading in "eth" ACTUALLY using as the token pair?

I'll help you out: it's weth.

literally every dex solution HAS to exchange eth for weth to comply with erc20 standards.

>b-b-but muh wrappers
go ask VB why eth doesn't confirm to erc standards. then ask him how long it'll take to be compliant. not stakenet's problem.