/biz/ - Business & Finance

Pic related. Eth integration is coming along nicely.

>>22903635
Probably too dumb getting rugpulled on shitcoins

>>22903712
It's quite sad. Recently I saw someone made an Eth TOKEN of XSN......... I hope none of the retards on here fall for it.

>>22903635
Because most of us already know. If the newfags can't do their own research then they don't deserve to make it.
>>22903736
Lol.

>>22903635
>>22903635
Because XSN has basically just been spending the last two years working on a better version of what Uniswap built in six months.
XSN will have lower fees and that will be awesome, but they are taking FOREVER to deliver and still refuse to give actual dates on the timelines for things like Raiden. It's always 'a couple build-outs away' or 'a few months' never a specific date.
IF they deliver it will be huge, but that's got to be soon not in 5 years or its not worth the opportunity cost when you could be putting your money and focus somewhere that is already up and running.

>>22903955
>Because XSN has basically just been spending the last two years working on a better version of what Uniswap built in six months.
Not completely wrong but I disagree. We've gotten things like TpoS, xsncloud, xsncore and finally the light wallet which has the DEX built in. Also the ledger/trezor thing should have been done ages ago but they didn't want add the signatures so x9 made a fix instead (you'll be able to stake/run masternodes on hardware wallets and the lightwallet after October 8th).
>but they are taking FOREVER to deliver and still refuse to give actual dates on the timelines for things like Raiden. It's always 'a couple build-outs away' or 'a few months' never a specific date.
This is half true. They are indeed taking forever and not giving specific release dates. But they have been delivering so far. The next update will have the simple swap feature. However I am unsure if the eth support will be the next update with the simple swap or a subsequent one.
>IF they deliver it will be huge,
Their track record looks very good. Fudders like to say POSW but that was a different team.
>but that's got to be soon not in 5 years or its not worth the opportunity cost when you could be putting your money and focus somewhere that is already up and running.
XSN is currently valued at 20cents USD, considering the marketcap of 20Million. While there are other good projects in crypto atm there is nothing that comes close in regards to what Stakenet is doing. There is no DEX competitor that is anywhere near the level of development of xsn. I would say that it is a great opportunity cost considering that we are on the mid-end terms of thing regarding the DEX.
>Simple swap coming
>Eth + tokens coming
>Working directly with the raiden team
>Hydra is still a bit out though

>>22903955
Checked and I forget to mention XSN explorer which was delivered.

>>22903955
>XSN has basically just been spending the last two years working on a better version of what Uniswap built in six months
This. Once uniswap v3 is out and people can stake their UNIs for LN and limit orders are a thing, XSN is donezo

>>22904153
That's not going to happen. Uniswap is on chain, it will always have onchain issues. Not to mention it is Eth only. Also how much uni governance tokens does CZ own now?

>>22903712
Possibly worse- I lost my money because I invested in a coin I THOUGHT was a rugpull but I was ready to bolt at the first sign of trouble, then pulled my money out at a loss after it suffered a sharp dip, but it turned out to be a whale just removing his money and the coin quickly rebounded so I was standing there.

>>22904107
None of that cuts it, they need a working product in terms of a fully functional DEX and they need it yesterday. If it takes them another 2 years to deliver, someone will beat them to the punch. And they can't juts not release any sort of definitive timeline, or they're going to scare people away from the token because those people will rightly say "it could be another 2 years before we see a working product".

Leverj
Plus you can use leverage

>>22904189
Lmao. Shitcoin roulette is a dangerous game.
>>22904208
>None of that cuts it,
Dude...
>they need a working product in terms of a fully functional DEX and they need it yesterday.
The DEX is very functional, have you used it? It has limit/market orders, wallet support, skins (taken off for now) and it's extremely light weight and slick. The biggest issue is most normies are to dumb t use lightning (channels + rentals) however the simple swap function will fix this.
>If it takes them another 2 years to deliver, someone will beat them to the punch
First, Eth + raiden will be completed this year, hydra will take at most 1 full year. Second, after 2 years from now where would competitors be? They would barely be close the the CURRENT stakenet, now think of where stakenet will be after 2 more years.
>And they can't juts not release any sort of definitive timeline, or they're going to scare people away from the token because those people will rightly say "it could be another 2 years before we see a working product".
I disagree with this heavily. Programming isn't magic, if they set a release date and have issues/bugs and delay it it would do more damage than good. Look at chainlink, no set release dates just work work work but /biz/ still won't sell. If someone gets scared because a dev team prefers to work and doesn't like to give release dates until the product is near flawless I would say they don't deserve to make it.

>>22904286
No thanks ranjeet.

I'm happy it's quiet and I'm happy it's bleeding. Bought about 20% of another MN today at 1700 sats. I'm a wagie so it's slow getting in but I'm good, hope I can buy for 1500 next week. No rush here
Oh yeah also it's a scam please sell

>>22904335
Congrats. I hope you get at least 1 masternode before we moon.
>Scam
Kek.

>>22903653
>announcement of an announcement of an announcement
Red flag of a scam dev

>>22904173
>Also how much uni governance tokens does CZ own now?
This is the same tired argument cashies and satoj visions use against Bitcoin. Unless he owns over 50%, it's meaningless.

>>22904367
>>announcement of an announcement of an announcement
How so? It's an announcement of upcoming features not an announcement of an announcement.
>>22904401
Answer the question unicuck.

>>22904367
Definitely this.

>>22904407
I don't know the answer. And you don't know the answer. But logic dictates if he even had anywhere near 50% he could just ruin the project right now. Why wait?

>ponzi #8497
>doesn't work yet
>fees won't be any lower than any of the other 15 platforms that do the same thing
i dont know, but i guarantee a shillboy will call reason fud

>>22904431
Alright, let's say that Cz can't fuck uniswap over from this. What about the onchain issues? What about other coins than eth+tokens?
>>22904442
>post#4442
>"SCAM"
>lies
>>fees won't be any lower than any of the other 15 platforms that do the same thing
False. There is no competitor to XSN. The fees are very low and should reduce as bitcoin scales (assuming you use bitcoin, other coin fees are already low).

>>22904407
First the watchtowers, they are "there" but not implemented yet. Second is the 4.0.4 announcement that the retard keeps on talking about and only shows 10 seconds preview, why so short? Then this announcement about having an ETH wallet when 4.0.4 hasn't been released yet.

>>22904469
>what is ETH 2.0?
As the other anon pointed out, it's a matter of time and the XSN team has shown again and again they simply can't hit milestones they've announced in an announcement of an announcement. I'm not saying it's a scam project but a comparison to CoinMetro from a couple years ago would be very apt.

>>22903635
get punched nazi

rockyeet is fucking trash

>>22904153
v3 is a meme

>>22904153
>amm
>limit orders
anon, I...

>>22904503
>watchtowers
Are coming. I think this has to do with lightning not stakenet but not 100% sure.
>only shows 10 seconds preview
The preview is old btw, the ui has been updated among other things. It'll come when it's ready.
>this announcement about having an ETH wallet when 4.0.4 hasn't been released yet.
Good thing this team is capable of multitasking.
>>22904574
Kys.

>>22904310
>First, Eth + raiden will be completed this year, hydra will take at most 1 full year. Second, after 2 years from now where would competitors be? They would barely be close the the CURRENT stakenet, now think of where stakenet will be after 2 more years.
In two years with the kind of money the Uniswap team is making with their actually real and useful DEX they could build everything the XSN team has built to date, and more.
Opportunity cost is a real thing. And remember the background of this debate is that XSN has dropped from $0.50 to $0.19. We're not talking about "why isn't XSN getting more attention?" we're talking about "why is everyone selling their XSN?"
The answer is simple, the team is just taking way too long. If they keep dragging their feet, all these other guys who can actually deliver in reasonable timelines are going to keep eating XSN's lunch like they already have been. The very fact you're talking about how 2 years is a reasonable timeline is exactly why nobody wants to buy into this project right now.

>>22904718
lol your answer shows desperation. Fuck your scam.

>>22904877
Are you retarded? If you want to know about watchtowers so bad then ask the team directly in the discord.

>>22904951
Two years and nothing to show.

>>22905045
Why bother lying?
>>22904107
>>22904123
Read through these. Stakenet has constantly delivered.

>>22903635
its a scam

>>22905045
2018 LN swaps that took 30 mins
https://www.youtube.com/watch?v=vOjuSurGkLQ
2019 LN swaps (still involved to get setup but much less so)
https://www.youtube.com/watch?v=yLq7xIjf_hc
Summer 2020 1 coin deposit LN swaps
https://www.youtube.com/watch?v=D6Y4Txm5NhY
Normie UX and Raiden coming shortly.

>>22905197
How is it a scam? Why is it a scam? Can you provide real proof and evidence that it's a scam?

>>22905045
still waiting. where is it?

>>22904744
>In two years with the kind of money the Uniswap team is making with their actually real and useful DEX they could build everything the XSN team has built to date, and more.
No they couldn't. Uniswap devs are no where near the level of X9 devs. Uniswap is no where near stakenet in regards to tech atm. Once again, uniswap is eth only and offchain. In 2 years time uniswap may not even be used.
>"why is everyone selling their XSN?"
The answer is simple, the team is just taking way too long.
You are completely wrong here. Take a look at the orderbooks on livecoin. The orderbooks are extremely thin most of the supply is already locked up in staking/nodes. It is easy to dump the price if you're a whale (though you do need to take the risk of someone else buying your stack). Even after the last major update, there is still over 2600 nodes (2038 enabled atm). Take a look at pic related.
>If they keep dragging their feet, all these other guys who can actually deliver in reasonable timelines are going to keep eating XSN's lunch like they already have been.
Once again, there are no other competitors are are anywhere near close to the level of development that Stakenet has. Your wording implies that stakenet does not delivery, this is objectively false. You have also ignored my previous answers.
>The very fact you're talking about how 2 years is a reasonable timeline is exactly why nobody wants to buy into this project right now.
Take a lot at the masternode count, despite being a project that has worked hard and delivered for 2 years you claim that no one is buying. If that was true then why has the node count been increasing?

>>22904877
>>22905045
>>22905197
>SCAM
>>22905219
Based.

>>22903635

>>22905495
Nice head and shoulders.

>>22905495
fixed

>>22905591
Very nice. Guess we'll crab a bit longer before we moon.

>>22905691
im in no rush. aiming to get more masternodes in october

>>22904509
>CoinMetro from a couple years ago
What do you mean a couple years ago? CM still misses deadlines all the time, lmao

Tbf though they are doing better with that than before I guess

>>22904509
Sorry I missed your reply.
>simply can't hit milestones they've announced in an announcement of an announcement.
False, they have been hitting milestones and have delivered the for last 2-3 years.
>coinmetro
CM is not a DEX.

>>22904509
Also ETH 2.0 won't fix the issues ETH currently has. Eth will still need layer 2.

>>22904346
>1 masternode before we moon
I read that 9 XSN x day.. is this staking or MN reward?

>>22906555
Checked. You get 9 xsn per reward. The chance of receiving a reward (for a node) depends on how much nodes there are. Pic related is a good estimation.

>>22905591
i hope so LOL

>>22906811
Chart looks good, combined with the tech... things will definitely happen this year. Not to mention we are still in the start of the bull market.

as soon as raiden released a widows integration I will be all over this like a rash.

Feels good to see some actual, high quality shilling instead of extreme and relentless fudding for once. I'd shill myself but it's all just too fucking tiresome at times.

>scamnet discord trannies at it again
>they think people can't recognize the most blatant head and shoulders imaginable

>>22907850
Bitch,
>implying it's not a golden dick and balls.

>>22907496
Why not buy before it's release?
>>22907579
You know they are always here.

Steak net?
I already got a steak net, right here.

SHUT YOUR FAT DICK POLISHING FUCKING LIPS ABOUT THIS SCAM.

>>22909340
You had 3 fucking years.

fucking biz you lied to me with this shitcoin. i almost sold at loss but accidentally was bought when btc was ATH so i could sell at minor profit.

>empty github
>probably eastern european team (anonymous)
>no working product (only promises)
>been devving for years even github is empty (probably theyre lying)
>uniswaps and other shit already foot between the door
>rebranded many times probably to gain attention


too much red flags for me. sold 90%.

>>22910028
why u lieing?

>>22910136

forgot to mention that xsn is traded in some LITERALLY WHO exchange (livecoin) which is russian shady looking place.

also yea i lied, there is a WORKING PRODUCT but it has liquidity of like 50$. and prove me wrong of the rest of the "fud" no wonder xsn is shilled the most hardest at eastern european daytime.

if they manage to deliver i maybe buy back but now it looks it really has h&s pattern and it'll dump even more

>>22910214
Worst fud ive seen in a while.