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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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22657775 No.22657775 [Reply] [Original]

Prove me wrong: Stakenet has quietly had a major impact on the industry and it will spearhead some of the biggest gains in all of decentralized finance as the vast chasm narrows between the concepts its been inventing and building upon for years and the general understanding of these concepts grows and moves closer to the center and away from the fringes.
XSN threads were quietly on /biz/ all through the depths of the 2018-19 bear market. They were usually one-off generals.
Through 2020 and especially since June as the DEX progressed from private to open beta, there has been a notable uptick in XSN threads.
It's no coincidence that within a few weeks of Stakenet making some waves like
>aggregating orders from Binance, Livecoin, and Bitfinex's orderbooks
>getting one coin deposit working
>exhibiting time and time again - pretty much everyday - why Layer 1 is not a good idea for on-chain tx
It was only after this that you began to see ICOs come out of the woodwork offering the same ideas and concepts - on an ERC20, at that, and oftentimes backed by very moneyed and influential people who quite frankly should know better.
It's only been in the past few weeks that Layer 2 has become a popular topic of discussion. Now more and more recognizable experts are admitting L2 is the natural way forward, and with it comes the interest of those who bank on their word.

Don't let the experts "inform" you in another 8 months that building directly on Ethereum (rather than for Ethereum) and being co-dependent on its network and future plans for everything (rather than being independent) "might actually stunt" native interchain L2 interoperability.
Sell your UNI at the best possible price, buy XSN dips, and make it lads.

>> No.22657855

>>22657775
Whales literally dumping right now.

>> No.22657875

>>22657775
It's a worthless pile of shit that will be forgotten by next year

>> No.22657915

>>22657855
Ngmi

>> No.22658001

goes to 1500, back to 3000, goes to 1300, back to 2500, goes to 1000, back to 1500, goes to 500, back to 1000, repeat until 0.

>> No.22658102

>>22657855
The entire market is dumping right now. Irrationality is a given in this space and seasoned investors know that the fear of rookies and weak hands leads to capitulation and great returns for people who can see past 10 minutes from now.
Your qualms about market-wide dumps are irrelevant when you take into account how undervalued XSN already is within that market.
When it's dipping and it's extremely undervalued, you buy.
>>22657875
Doubtful. XSN was very obscure not all too long ago. Now what its doing just so happens to be biting, relevant... apt, if you will.
There's a reason it doesn't just "go away" like all the other coins on /biz/ that aren't LINK or top 10s.

>> No.22658268

>>22658102
Is there any reason someone should buy this right now? I have been following it and have one MN that I have just had sitting there for months now. The value has gone down they have no time table on Raiden. Why should anyone buy this at this point? I will hold my MNs worth in hopes it gets back to what I bought it for but my optimism for this project has definitely gone down.

>> No.22658424

Imagine still thinking xsn matters yikes

>> No.22658442
File: 181 KB, 624x947, 3466ba5e62de3bf5f74705f197efd995.jpg [View same] [iqdb] [saucenao] [google]
22658442

>>22658268
- Update happening right now on cloud
- Dex is getting a decent update soon
- Next 2 dex updates will be raiden
- Dex is still in testing and its not ready yet for
full public launch.
Great time to buy and hold. I have 15 master nodes.

>> No.22658472
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22658472

>>22658268
How many months have you been holding for?
June
>aggregating orders from CEXs
>one-coin deposit
July
>Raiden partnership and BTC/WETH swaps shown to be working
>aggressive private beta testing until LN swaps were hardened enough that you could spam the network with a flood of tx and have a >99% success rate
August
>open beta
>LN watchtowers deployed
September
>unveiled new UI that drastically simplifies the interface
>working on major network upgrades to allow for trustless staking and MN management from cold storage in addition to an overhaul of the old core wallet
The upgrades that allow for cold staking/MN management are planned to be done by October 8.
The simple UI is slated for the next build.
Raiden private key integration is still slated to be done shortly after (next 2-3 builds).
If crypto goes sideways for a little bit again, this will just give them more time to be ready for when it wakes up.

>> No.22658722

>>22657855
>>22657875
>>22658001
>>22658268
>>22658424
cope. low quality post by third world scum. ngmi

>>22657775
>>22658102
>>22658442
>>22658472
Based and stakeholder pilled. going to make it

>> No.22658732

>>22658001
>goes to 500
i will resume waging and put every single penny i make into xsn at that point

>> No.22659136

never selling my three MNs until $30-50

>> No.22659241

>>22659136
based

>> No.22659298

>>22657775
XSN started dumping before Bitcoin and link this time, which is weird as fuck.
There are BTC whales holding this they're always early on this kind of shit.

>> No.22659320

>>22659298
>Shills implying xsn leads the market
Killyourself sanday.

>> No.22659350

>>22659320
>leads the market
No what I implied is that someone invested in xsn knew btc was going to dump so he dumped his xsn for btc then his btc for usdt then btc dumped.
Also kys

>> No.22659438

>>22659320
well when it pumped in june it did its own thing indepedently and a lot of stuff only pumped and started pretending l2 exists after

>> No.22659476
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22659476

This project stinks

>> No.22659985

>>22657775
>>22657855
>>22657875
>>22657915
>>22658001
>>22658102
>>22658268
>>22658424
>>22658442
>>22658472
>>22658722
>>22658732
>>22659136
>>22659241
>>22659298
>>22659320
>>22659350
>>22659438
>>22659476
HOLY CHECKED AND BASED. cz on suicide watch. fudders seething. xsn #1 link#2 uni#3 based stake posters gmi.

>> No.22660117

>>22659985
[x]nice
[x]checked
fudders seething

>> No.22660128

>>22660117
checked and based.

>> No.22660143

>>22660117
>>22660128
Cringe and gaypilled.

>> No.22660160

The devs just pushed an update to the core wallet for the first time in two years, and it immediately tanked all of the masternodes that upgraded. They have yet to fix it. Why do people think this team is so great?

>> No.22660428

>>22660143
ngmi

>> No.22660431

>>22660143
>>22660160
checked and based. fudders seething. x9 team #1 cope harder

>> No.22660744

>>22660431
taiwan #1
china #4
xsn #1 king
fudders gey

>> No.22660760

>>22660744
HOLY CHECKED AND BASED. cz on suicide watch. fudders btfo. no stakers seething

>> No.22661132

>>22658472

Damn that’s not bad. I joined the discord a few min eth back but did not end up buying any. Seems like a good pull back l.

>> No.22661321

$10 is SOOOO EASY from here

>> No.22661539

>>22661321
whoever gets this now will make out like a bandit t b h

>> No.22662045

>>22659985
Learn why we say checked, newfag

>> No.22662398
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22662398

Comfy hold

>> No.22662456

Should I invest in....

1. Stakenet
2. Loopring
3. Uniswap v3.0/Eth 2.0

Loopring seems to have more clout than XSN.

>> No.22662544

>>22662456
isnt loopring erc-20 only?