/biz/ - Business & Finance

12 Masternode Chad reporting, my stakies are LOCKED IN.

>>24559212
Based anon. I'm personally not selling until at least $2.

>>24559464
Based.

minichad reporting in with 1 MN but i live in a third world shithole country so it's enough to make it lets GOOOOOOOOOOOOOOOO

>>24559179
5 mn here how much longer do I have to wait until I make it

.01 XSN = 1 harem of milk maidens 2021

>>24560515
>>24560681
>>24560919
Based anons will make it.

Poorfag with 1 MN, will I make it...

>>24561303
Yes, just hold onto your stakies until a high price. Hydranodes will make you the passive income to make it fron 1 node.

>>24559179
Most of market is down but xsn holding well around 17 cents.

>>24561756
what's your strategy?
im thinking about taking the s-corp route to minimize the tax burden on income as much as possible

https://xsnexplorer.io
>2730 masternodes

>>24563488
Checked. Don't pump yet, i need more stakies.

>>24559179
damn it this really is my last chance to buy a xsn node isn't it...

>>24563962
once connext and ETH wallet is integrated, I don't think you'll see these prices again

>>24564183
Even before that, a major exchange listing could pump us over $1.

>>24559179
Wtf is a masternode? Just a fancy word for server lmao

>>24563962
Yes.
>>24564183
>>24564213
Cant wait till EOY. Honestly not sure what the price will be. Very exciting times.

>>24564313
>In general, a Masternode is a crypto full node (computer wallet) that supports the network by hosting an entire copy of the coin’s ledger in real time. In return, the Masternode will receive crypto coins as a reward. It is a great alternative to mining.

>>24564340
Whats the purpose of XSN

>>24564313
>>24564340
"XSN Masternodes are aimed to be one of the most powerful stations in crypto. They will earn a passive income based on everything they will do:
· They will host and run XSN Dex.
· They will host all blockchains needed to keep XSN Dex decentralized and making sure users can perform swaps without needing to download entire blockchains.
· They will handle Lightning Swaps (Lightning Network Cross-Chain Atomic Swaps).
· They will facilitate instant and private on-chain transactions.
· They will host dApps.
· They will host Lightning Channels.
· They will use their Masternode collateral to provide Lightning Network (and XSN Dex) liquidity.
While developers are working towards all of this, it is only the first steps of what XSN Masternodes will be capable of."

>>24564351
Locking collateral in xsn masternodes which host the blockchain and will host the dex. Many more features coming as well. See >>24564356

Ill also mention that dex fees will he converted into xsn per a market order. 10% of that will be burnt.

I would like to thank you all for the fud, finished up another MN yesterday

no volume still... the project has eternally had 1mil wash trading volume on livecoin... seriously guys? You can market sell a few thousand USD and it dumps the price

>>24564514
Then dump the fucking price and fill my buy orders

>>24564514
What do you think will happen when they get listed on a major exchange like they are planning?

>>24564514
CZ FUD lyinG! piece shut up, XSN 1000 2021
kapa çeneni yoksa bok yerim!!

>>24564493
is anyone actually reading how fucking retarded this is? Xsn as a verification tool for cybernetic body sensors? You guys are fucking retarded the team cant even pick a l2 eth protocol and its been 3 years

>>24564712
>Theoretical concept
>1 day after which Microsoft made a patent for it
Really makes you think.

>>24564885
A pretty copy+paste patent at that.

>>24564712
I want a Raiden brain implant. Oh wait, I want a Connext brain implant.
Stakenet kedileri beceriyor!

>>24565112
Turk larping begins --> price goes up
Keep it going boys

>>24565495
>Turk larping begins
>larping

>>24565495
kek

pic related - the inevitability that awaits every nice, peaceful stakenet thread and will continue to do so when it's >$20

>>24564323
EOY is just a few weeks away idiot. nothing is gonna happen. Steaknet a perpetual SOON machine.

>>24566500
Checked but retard pilled.

>>24566500
EOY is 26 days away nigger. That's over 3 weeks.

>>24566500
>soon-fud LN swaps (pic related)
>soon-fud the DEX
>soon-fud channel rentals
>dedicate your life towards attacking XSN for months as it pumps to 50 cents
>soon-fud SSUI
>soon-fud ETH interop
you are here
>double-down in your delusions when XSN is $10 and continue to make dedicated hate threads where you have 45 posts spread out over half a day
>soon-fud Hydra

>>24566670
>soon-fud ETH interop
you are here
>double-down in your delusions when XSN is $10 and continue to make dedicated hate threads where you have 45 posts spread out over half a day

Wow, so XSN is about to suddenly jump x100 with nothing happening after the ETH interop?

Wow, did you hear that people, let's all go out and buy some SlowkeNet. ITS GONNA HUNDRED TIMES *Soon*

>>24566748
I can't wait until we see the xsn 'killer's.. oh wait we have, falcon swap etc.

>>24566766
kek the onslaught of the samey ching chong ETH asset wrapping contest.
>NO I CAN WRAP MORE ASSETS!!
>NO I AM THE MOST CENTRALIZED 'DEX' YET THEY THINK I AM COMPLETELY DECENTRALIZED

>>24566670

ETH in wallet for people to test next week, Devs are already testing it now

>>24566977
Checked, you're reading comprehension may be bad or you don't understand green text.

I sent two separate eth transactions to LiveCoin. One went through, but the other one I have been waiting over 12 hours to arrive to LiveCoin. It even says it was a success on etherscan. Why is it taking so long?

>>24567480
livecoin is slow as fuck and layer 1 isn't the best for speed, don't trade the eth/xsn pair, it has no spread or liquidity on livecoin

only the btc/xsn has volume otherwise you will lose money, livecoin has a btc-eth pair btw

>>24567480
In the warnings of the livecoin ETH deposit it warns you not to send from a contract address.
I lost 1.7ETH by doing this, and I'm poor as fuck so that hurt.

>>24567480
Just error. Surely fix very soon :-)
Livecoin'in para çalmadığını düşünüyor!

>>24567536
>>24567646
it took me more than half a day the last time i sent BTC to livecoin. painfully slow

>>24567826
I've had it take a lot of time for BTC before.
Can't wait for SSUI to get released to the open beta..

back at 800 sats kek. 300 sats here we come!

Do NOT trade Eth for XSN on livecoin. No traffic only do BTC-XSN.

>>24568234
Exactly. If you trade the eth pair, Livecoin will just take your funds. 80% of the BTC-XSN trades work though. Do not trade big amounts, because they might take those too!

>>24568234
why are u still ojn lviecoin, dex is live.

>>24568313
kek for the fucking JEW ID

>>24559179
LOL. These have to the dumbest investors in crypto. Ask the devs what the token utility is. They are not transparent. Stakenet is not an EVM compatible blockchain.

So what is the use of the token? It is running on a UXTO blockchain, so it's incapable of running smart contracts, meaning you can't even store liquidity on the blockchain, unless its XSN shit token, which has NO USE except when you use it to swap for another token.

The Devs are not being transparent and are outright committing fraud by misleading investors about the use case of the token. The developers said most orderbooks are held in wallets, lol. If the tokens in the wallet don't need to interact with the underlying blockchain, what difference does it make?

Just the premise that transactions will be conducted OFF chain for EVM compatible tokens EG, ERC-20 tokens, means that ON CHAIN transactions are not necessary.

Do you not understand how stupid it is to hold XSN?

The developers will be in jail before this wraps up. There has already been a petition sent into Rohan and Congress woman Tlaib indicating fraud.

>>24568334
fellow men, it him again fuck him!!! mother fuck cz seethe!
Madeni paranın işe yaramaz olduğunu biliyorlar! becer onu! madalyonun iyi olduğunu söyle!

>>24568334
youve been spamming this same disinfo in every xsn thread for a week straight
do you have a grudge against XSN or are you all in some other DEX coin?
>>24567894
i havent used livecoin for over a month now. im in the closed beta and the dex is superior in every way with SSUI

>>24568456
The developers are outright committing fraud for the second time.

Do you think it's okay to commit fraud?

They're taking advantage of you because you don't understand the tech.

They will go to jail before this is done and hopefully you will get your money back.

truly coin NOT NEEDED

>>24568218
remember that pic related was the summit of 6+ months of perpetual fud and that you'll be spending all of 2021 masking your seethe behind a wall of ironic turkposting and concern shill tantrums
it's your time to waste. enjoy being as irrelevant as nolinkers

>>24568334
>it's the xuo fudder
Sigh, just neck already fag.

>>24568547
I understand that you are very committed to this project and I hope you don't lose your money, but at the end of the day, this is an elaborate fraud, in which the XSN developers are misleading gullible investors by insinuating that Stakenet masternodes can run EVN compatible smart contracts, which is not possible.

They are trying to commit fraud for the second time. They can't be allowed to get away with this outright fraud and I can tell you that they won't.

They have no idea what's coming, but this type of behavior has to be punished. You can't lie and steal from people with no consequence.

They will go to jail before this is over.

Litigation incoming! Imagine investing in a project that’s being sued by investors!

>>24568478
Hello again fast food faggot.
I would personally highly recommend suicide as a viable option for yourself. Have you perhaps considered that the one who is misunderstanding the tech is not an experienced dev team, but actually you, the anon on biz? As I’m sure you don’t concern yourself with such preposterous suggestions, I presume you have a novel solution to the blockchain scaling issue, a DEX with improved privacy on L2 using native tokens?
>>24568620
Have you realised by now that’s the whole point on Connext? If you’d like you can take a minute to process that one.

>>24568334
I think you don’t fully understand the upgrades the XSN dev team have made to LN on XSN amongst how their MN network works

>>24568713
I can't help you that you don't understand the technology. The developer are betting on that and think they are going to ride off in the sunset again, but not this time.

They left too big of a paper trail. This will not be just a civil case. They are going to be tried as criminals. The legislation will be pushed retroactively.

I've been assured that once Biden is inaugurated and the Georgia situation is sorted out, that there will harsh and swift regulation to punish these fraudsters and others like them.

These fraudsters are going to jail.

>>24568838
YOU DONT UNDERSTAND THE TECHNOLOGY. You keep posting misinformation and hoping that nobody calls you out. If you genuinely believed what you were saying then you wouldn’t just be posting this on biz you would post it everywhere and call the devs out properly but you won’t because you are wrong and are banking on the devs never coming on to biz to correct you.

>>24568927
Do yourself a favor. Understand that it is not possible to hold liquidity on UXTO blockchains unless it's the underlying native token.

That is only one issue of misleading investors, but it's a pretty significant one. We'll see the results of what's to come, but unfortunately, the regulators are a bit handcuffed until a few months.

But I can tell you in my office's communication to the office of Congress woman Tlaib's, that scammers like X9 and the like will have retroactive legislation pushed through that will allow them to be tried as criminals.

They know what they're doing. They won't be able to hide from what's coming. You may not get your money back though, so just be cautious, that's my word of advice to you.

Don't be mad at me. Redirect your anger. Ask them for answers. Ask them how that simple question of how masternodes can provide liquidity for EVM compatible tokens.

It's simply not possible. Just be cautious and good luck. Justice will come.

>>24568838
This is the most cringe larp I have ever seen in my life
>developers that are currently identified and named previously have ridden off into the sunset
>I've been assured that once Biden is inaugurated [...]
LMAO faggot holy shit I hope no one is stupid enough to take your shit seriously

>>24568334

Some background on the blockchain and its utility for the DEX..

The blockchain is utilized to set rules and regulations for the DEX operators ensuring good behavior and a reliable service. In exchange for the blockchains service of acting as a “referee” of the operators, it requires payment in its native currency XSN. The onus of doing the extra conversion would not be on the users but on the operators/ DEX hub nodes.

Sharing fees with operators, gives operators an incentive to provide liquidity (the more liquidity they provide, the higher volume they can support) higher exchange volume through their node would equate to higher $ returns

>>24569048
Unfortunately, it's true. The office that my office has coordinated with said that they can't push through any of this legislation until there is a more clear path forward.

Unfortunately, if there is still some division, the legislation may not go through, but I've been given some indication that this is a bi-partisan agreement.

I can't wait until there is a global effort to take down these scammers. X9 are just one of many.

>>24569035
You moron this is where it shows how little you understand any of this shit.

Explain to my why they need to hold liquidity on the blockchain?

>>24568838
>I can't help you that you don't understand the technology. The developer are betting on that and think they are going to ride off in the sunset again, but not this time.
>They left too big of a paper trail. This will not be just a civil case. They are going to be tried as criminals. The legislation will be pushed retroactively.
>I've been assured that once Biden is inaugurated and the Georgia situation is sorted out, that there will harsh and swift regulation to punish these fraudsters and others like them.
>These fraudsters are going to jail.

>>24559179
>still down 80% in the last 4 months
*breathes in* HAHAHAHAHAHAHAHAHAHAHAHA

>>24569187
I'm sorry you feel that way, but understand, this is also to protect you as the consumer and to make those who orchestrated the fraud responsible for their actions.

You would think that people would support this. I'm very surprised of the negative feedback.

>>24559179
What is this even useful for now that WBTC and WETH exist?

>>24569245
Because you are making baseless, schizophrenic claims in the form of retarded concern-shilling on two threads simultaneously.
>Claims that developers of project that thread is about are going to jail, based on zero evidence, spewing lies.
>"I'm surprised of the negative feedback."
Can you really be this stupid?

>>24569286
Wrapped assets require a 3rd party to hold equal amounts of the asset to secure the value, which doesn't really go with the whole decentralized vibe IMO

>>24569035
See this is how you know this guy is a retard because he doesn’t understand that XSN doesn’t use liquidity pools. He thinks it works the same as Uniswap when it doesn’t need too, Uniswap needs liquidity pools and can’t function how a normal exchange would (via orderbook) because of how ERC20 smart contracts are handled.

XSN DEX functions like a traditional exchange purely via orderbook matching users P2P and not through liquidity pools.

Sorry to wreck you shit attempt at fud but your clear lack of knowledge of how XSN DEX functions even at basic levels is fucking laughable.

>>24569441
What you described discounts the "liquidity hubs" discussed by the devs, and also doesn't show where there is any utility for the XSN token.

The coin is useless. You have been misled. I know you are committed to this project, but no matter how much you cry and scream and reason, the token won't get anymore utility.

The Devs already exit scammed once with PoSW coin.

They won't be allowed to do it again. It's not just be petitioning. There are several other victims of the PoSW scam.

They will go down before this is over. I can't help you with your investment.

>>24569548
>8 posts by this ID

>>24569286
Wrapped assests are shit.

>>24569548
The hubs you moron and for channel liquidity, again showing how little you understand what you are attempting to speak about.

>>24569548
As for devs exit scamming, again absolutely false and shows again how little you know:

1 - X9 the dev team working on XSN weren’t POSW and never were. I was in POSW from ICO and X9 were contracted by POSW to build the blockchain for them.

2 - POSW went tits up because the website got hacked. This had nothing to do with X9 as they didn’t work on anything POSW did sort from the blockchain.

3 - When POSW team essentially abandoned the project X9 decided to carry on working on the POSW blockchain and turned it into their own project XSN.

You try to use this as fud against them but the truth is X9 didn’t have to stick around, they had fulfilled their obligations to the POSW team and they could have left leaving POSW coin holders to lose everything with the project being abandoned. X9 could have easily gone and started their own project and started from scratch but as they had a good rep in the POSW community they stayed and thanks to them POSW holders haven’t lost everything.

So trying to call them out as scammers or something is ludicrous when they have gone above and beyond to help POSW holders and are turning XSN into something with a lot of potential.

>>24569792
Channel liquidity for what? XSN lightning channel? That's all the hubs can be used for unless you're referring to BTC lightning hubs, which have nothing to do with the XSN blockchain. Explain in detail what you're talking about. I'm sorry that you were misled.

>>24569893
The hubs act as Bob so users don’t need to connect directly to each other they just connect to a hub (Bob). The hub channels are filled with liquidity from the hub owners, the more liquidity you put into you channels the more volume you can facilitate equaling more trading fees.

You fill your channels with whatever assets you want to support, BTC, ETH, LTC, XSN, USDT and so on.

The hubs connect to each other so a user just connects to 1 hub and that creates the pathing to any other user connect to any other hub.

The hubs are created via MN’s and they referee and enforce the transactions from the rules set on the blockchain.

>>24570071
So if I fill my hub up with BTC, I need BTC right? So what is the point of holding XSN?

Wouldn't it be smarter for me to buy BTC?

But then guess what. It still doesn't make much sense because the amount you get in fees on BTC lightning is practically nothing. I'm talking fractions of fractions of pennies.

It doesn't make any sense that they referee anything. They are NOT smart contracts. How can they referee anything if you can't input any LOGIC???

Don't you understand how insane this sounds? They wont' get away with this though. I think most of the crypto community is tired of scammers.

>>24559212
I'll buy one. So to back up my core wallet I just save this one file and remember my password?

>>24570187
Because the hub is made from an XSN MN. If you just had BTC then what? Where is your hub? What is it connected to? Go open a BTC LN node and do a swap to ETH, oh that’s right you can’t can you because you need a XSN MN to act as a hub to facilitate the transaction and make the swap actually happen.

Think of it like this, if all you had to do was open a Lightning node of the asset you have and could swap to anything else from that with nothing else then why hasn’t someone already built that?

>>24570187
Did you know that you can implement arguments in a program without smart contracts?
The XSN blockchain is designed to ensure the good-acting of MNs, hubs, etc.
Connext will allow implementation of smart contracts within the XSN ecosystem.
>>24570270
Yes, make sure your backup .dat file is safe with suitable redundancy and remember the password or write it down somewhere safe etc.

>>24570379
I'm sorry to tell you that's not true. I assume you own a masternode, right?

Do you get any of the proceeds. That's not how lightning network works. BTC lightning network does not need XSN blockchain to use it.

I'm sorry the developers misled you, but that's simply not how the technology works.

>>24570462
When the MNs run the DEX they will receive a small trading fee which is not related to LN.
I'm sorry that you misled yourself with schizophrenic fiction, but that's simply not how the technology works. Consider taking your Lithium before turning your computer on.

>>24570462
No because why would I get any of the proceeds when my MN’s are not acting as hubs right now. When you run a hub and you make the proceeds on the volume that is traded through your hub.

>>24570620
You're either unwittingly misleading people due to your own ignorance or outright lying.

There is no way connext or for that matter, any other layer 2 solution can allow Stakenet UTXO blockchain to interact with smart contracts.

It will potentially allow you to do a swap, such as a swap for BTC for an ERC20 token, but it does not interact with XSN masternodes or the XSN blockchain at all in that scenario.

That's not how the tech works. That's why you have to attack my character. Honestly, I'm not sure why I'm getting so much hate when the goal is to protect victims of these scams and to make the scammers pay.

I'm sorry that you're trying to justify your investment, but you're wrong. Ask the developers yourself about the utility of the token. Ask them how it's possible because it's not. I don't think you understand what a smart contract is.

This time as the developers to go into explicit detail about the token model. They won't be able to lie this time because they know that they are under a microscope. But please ask.

People deserve to know the truth.

>>24570748
Answer me this, you have BTC in LN, someone else has ETH on L2 via Connext, how do you swap the 2? I’ll wait......

Why did they lie about 4.0.4? XSN possibly a SCAM?

>>24570748
Your character is being attacked because you are lying and you are demonstrating a toxic hero-complex, and when questioned where you get your information from, you either tell us we don't know what we are talking about without correction, or something about you wanting to 'save us all' or something.
There's about to be a Q&A with the devs and we all know no matter what they say you will still claim they are lying based on zero evidence.

>only have 7 nodes
>was trying to get to 17 before nodes were above $2000 again

Dev Q and A coming up. Fudders get rekt. On the fencers buy now before this Q and A shoots the price up more.

>>24570942
Q: Are you going to release the dex soon? Please give a date.
A: Yes, we will release very soon. Stay tuned!
XSN SCAM

>>24570748
Oh you’re so tiresome.
You must be that gay afterbazar guy from discord.

You are wrong in so many of your fud attempts that i simply not know where to start.

I suggest to read the whitepaper because i dont spoonfeed a fag like you are.

And don’t forget to get a life

>>24570811
I know how, but you should ask the devs exactly this question because it DOES not involve XSN.

Why don't you tell me what you think though. You think the transaction somehow involves XSN? By what mechanism?

>>24571107
Come on...Sir Gaylord Afterbazar.

Tell me how a L2 Dex works plz.

>>24571107
Yes it does involve XSN as XSN is needed to create the hub which facilities the swaps and makes sure the rules are followed so no bad actors can take your funds. How are you not getting this.

Without XSN where is the hub?

A Masternode will be worth...
$10k at $0.67 XSN
$15k at $1 XSN
$25k at $1.67 XSN
$50k at $3.33 XSN
$100k at $6.67 XSN
$250k at $16.67 XSN
$500k at $33.33 XSN
$1MM at $66.67 XSN

At the height of the 2017 bullrun, Dash Masternodes topped off at about $1MM each.

>>24572026
Only thing missing is the usecase for the XSN masternodes LOL

SSUI in 2019. SOON!!

>>24572447
your mother is a whore you piece of shit fudder LOL go neck yourself

but thanks for the free bump faggot

>>24572447
Copy/pasting from other thread:

Further to this bullshit:

Of course Blockchains operate independently that’s the point of them. If you have a BTC on LN and want to swap it for LTC on LN then you can’t swap them trustlessly without some form of middleware to facilitate the swap and that’s what X9 have built, the middleware that bridges the two technologies. It is also what bridges ETH and ERC20 from L2 on Connext to LN.

Both Raiden and Connext devs have seen and used X9 devs middleware tech and both were happy to vouch for it.

As for not needing XSN that’s where Hydra comes in as that’s when the rules and tech X9 have built is codified to the blockchain.

Right now XSN DEX is moving from Ghia to Prometheus, single hub to multihub setup with the rules and parameters that X9 have defined in their swap tech. Once that is confirmed stable and working as expected then there will be a mandatory blockchain upgrade to Hydra which will add many new features along with codifying the DEX tech, rules and hubs to the blockchain allowing anyone to setup hubs.

Your entire arguement rides on the XSN blockchain staying exactly as it is right now when it has always been said there would be a blockchain upgrade for Hydra to roll out hubs amongst other things, it’s right there on the graphic when they announced it.

>>24572500
who cares, you pathetic piece of third world dirt

XSN is a SCAM

>>24572576
>XSN is a SCAM
debunked
>You were birthed from a whore's womb and you are mad you sold xsn low
Facts

Still waiting for fucking LEDGER STAKING *soon*

>>24571166
And silence from Sir Gaylord.
>>24572576
Pic related is you

>>24572642
>fuck your mother
LOL pajeet tier posting. The SHITS have arrived! XSN

>>24573043
Ledger staking is done from a technical level, just needs a UI which they are adding to the lightwallet. It is exactly the same as the UI they have already made and can be used for Trezor Staking right now from the XSN explorer.

>>24573091
stay mad poor fag. XSN is living in your head RENT FUCKING FREE.

>>24573174
Fudders ought to put on their CV how much time they spend a day fudding XSN, it really shows dedication to a task, even if you know full well that it's a means to an end.

>>24573174
XSN is a scam!
bok yemeyi severim!

>>24566977
For the newbs: this screenshot is a shop. Eth pair will NOT be in the closed beta this year. XSN scam

>>24573359
For the newbs: channel shown in >>24566977 is a private and selective channel that not many are on, particularly not those who are just spastic fudders.
Unless proven otherwise with evidence it could very conceivably be true

>>24573359
Looks same for me

>>24559179
>sats
oldchad detected

>>24573563
I can see 26 people in the channel so not that small really is it....

>>24573664
>Completely trying to avoid the fact they are totally wrong
Fucking retard. There are roughly 450 members online currently and 26 isn’t ‘small’ to you?

>>24570976