/biz/ - Business & Finance

>>26022703
with which wallet can I store XSN ?

EOY targets?
For me, it's between $5 and $10

>>26022703
Based

>tfw becoming the future elite while posting memes on an avocado peeling cum drinking board

>>26022940

>Weak hands spotted

10$ is FUD

>>26022903
>core wallet
>cloud wallet
>public beta light wallet
>ledger
>trezor

>>26022903
Either ledger or the XSN core wallet you get from their site

>>26022940
in a great bull market minimum target is at least uniswaps (uni) marketcap. So with that marketcap xsn will be valuated around 17$

fees these days are pure madness and cexs get hacked all the time, the whole crypto world is waiting for Stakenet

>>26023059
>>26023075
thanks bros

>>26022940
~$6.40 Would make XSN a top 50 project, that's completely realistic if connext and DEX public launch goes well.

So comfy xsnbros, we're going to make it.

been researching about xsn but just have some questions.... have some eth btc ltc link wbtc on coinbase so do i just transfer some of that to whitebit then buy xsn then where is best place to store? also what is the minimum amount needed to invest rn to make it. any help would be much appreciated thank you still learning and doing my own research but any tips would help

>>26023630
>[Deleted]
what did he mean by this?

>>26023763
>>26023059
>>26023010
>>26022903
>>26022703

We're making it frens, the sell side is thin af and 1$ is nearing

>>26023863
woah mama

amierbuger here

XSN is 50 cents on coinall/stakecube and 66 cents on whitebit/beaxy

I know I can use whitebit up to 2BTC with opera, but can I use the other two or do I have to pay 66 cents each

>>26023855
move your ltc (lowest fees out of your choices) over to WhiteBit and sell it for usdt there. Then buy xsn with usdt. One masternode is make it stack, that's 15k xsn

>>26023763
this

XSN waiting parties are the best

>>26023944
WhiteBit is the only non-kyc place to get it and the only place with decent volume, since 80% of the supply is held off of exchanges for masternodes and staking

>>26022703
kek imagine thinking these dinosaur coins are going to come back. better off with some shiny new defi shit

>>26024046
thank you very much. is it safe to keep it on whitebit? also do you always need to use vpn when using whitebit? and do you use real info when signing up on whitebit or anon info?

>>26024242
its not 100% safe you re better of putting ur stakies in stakenet cloud + you will get staking awards

>>26024242
I put my stakies in the cloud but signed up to Whitebit with all my real info regardless

>>26024242
deposit your stakies into the cloud so you'll earn staking rewards on them. Also the only thing you need for WhiteBit is an email address, nothing else needed, no names, nothing. VPN is only necessary for burgers

>>26024242
>>26024515

Adding to that one should never leave his coins on a cex and xsn even has a broad choice of options like the other anon pointed out in >>26023059

>>26024515
alright and then another question I had was what do I do about taxes on this if I just keep it in the cloud and it grows until I make it do I tell my accountant about this or provide info about it

>>26024634
If you're a burger staking/node rewards are income tax afaik. I don't plan on worrying about it until after I cash out and I will have the history to back pay the taxes on block rewards.

I withdrew my steaks to xsn core wallet and have my wallet unlocked

is that all? Will it stake automatically or is there something I'm missing

Do I need to TPoS?

>>26024634
Taxation depends on your country. In some cases you will have to pay taxes on stakes, so they would have to be listed on your tax sheet. But that's s general thing in all of defi and you might wsnt to ask how your local authority handels that

>>26024776
Make sure and check the "Unlock for staking" check box. I think that makes it so staking works but funds can't be sent without your password being entered.

>>26024776
Core wallet stakes if you leave it online and 'unlocked for staking'. Otherwise if your pc is not online 24/7 or u don't have a vps, use cloud.stakenet.info for amounts up to 10k xsn

>$10k for a masternode now
>less than $2k a few weeks ago

What’s happened’s happened. But it’s not an excuse to do nothing

>>26024926

My pc is generally on 24/7, but what if I restart it or something; will it "reset" my stake status? Or continue from where it left off

>>26024930
DASH nodes did nothing and were $1.4M in 2017. FUCKING GLORIOUS TIMES AHEAD OF US

>>26025005
your kind of waiting spot in line will be reseted and you'll get a new one after the wallet is back online for 2 hours

>>26025033
God I could easily never work again if we get close to that.

if you get a masternode today of xsn whats the current estimated timeframe of it making it big

>>26022703
I put all I had... 70$
Will I make it too ?

>10 Stakenet threads up
>7 with the same copy pasta

Repeat from the summer. Will buy in after the -40% dump

>>26025640
Nobody knows, but if we hit 1B Marketcap (not saying this is likely at all but just food for thought) that would be a $8.94 XSN.

>>26025670
i put less but iam at 70$ now too bro we re in this together

>>26025670
im gonna buy a hundred dollars of XSN, lets do this bros

>>26025670
>>26025852
The REAL pump is on the week of the 19th. This is baby shit. Prepare yourselves.

>>26025670
>>26025852

Uni marketcap is the minimum target for this bullrun, that's still a x35 from here and will let you both buy corn for the whole village for two or three years

>>26026248
yea thats my goal iam also unironically from small village in eastern eu with less than 400 people

>>26025640
If we assume that "making it" means $1million. With one MN, you need XSN to reach $66.6.

That may or may not happen this year.

Its very possible it will reach it eventually though, because $66.6 XSN is only a 6bn market cap, and XSN has the potential to be revolutionary in the crypto industry.

Also, the entire time you'll be earning MN rewards so your stack will be increasing, so.. really you won't even need it to reach $66.6.

>>26024242
Not sure if the link still works to an archived post but don't be like me as explained here
>>26014513
where I kept mine in exchange then the exchange got hacked. stakenet.io has a cloud wallet which as far as I know is your best bet if you don't want to mess around with the core wallet or don't have a ledger

>>26027762
i think $17 is resonable, given uni token price on a governance token. So i'd need 5 MN's?

>>26022703
How is Stakenet better than Rubic ?

>>26028078
1 MN to prevent suicide
3 MN to make it (never need to work again if money is managed properly and you aren't a brainlet lottery winner/NFL player)
10 MN to join yacht parties and have multiple vacation homes with accompanying generational wealth

Don't fuck this up.

>>26024138
question about kyc and whitebit... im a burger do i need a VPN? it says you can withdraw crypto without kyc, but im just curious if there is an ip logging mechanism that will trip if i try to withdraw without using a VPN first

can't believe I got in early on this one. going to change the face of crypto. was super early on Link too. this one is going to pump my bags all the way to early retirement. cannot fucking wait.

>>26028169
who?

Test.

Le bomp

>>26029080
Just the newest falconswap/Dexg/insert project that decided to start working on a later 2 cross-chain dex 3 years after Stakenet began here

>>26024634
No way to actually download the transactions for staking rewards on the cloud iirc

>>26028570
good question

>>26028427
how do i even get an MN if i'm a poorfag? I have 700 dollars to my name max, i can't afford a MN

>>26030554
For that reason I am going to tax them as the maximum price it was on last year (50 ct or so) and I checked how much total staking profits I had on the cloud 15 days ago. Which is like 5 XSN lmao. Doubt this matters to any tax agency at all.

>>26030650
buy whatever you can and put it on the stakenet cloud wallet. you'll earn staking rewards automatically after 24 hours.

>>26026618
>>26026248
hello there village bros

>>26030772
thanks fren, hopefully i'm gonna make it
i wanna get rich like the link bros

>>26031191
gotta start somewhere, turn 700 into 7k then 7k into 70k :)

>>26030650
Stake that bitch and wait five years.
Keep DCAing.
No, this isn't a fucking joke, anon. I'm being serious.

>>26030554
Message cloud support, they should be able to help.

>>26031317
im a retard, what's DCAing?

>>26031389
You are a retard.
Dollar Cost Average
It just means put in what you can off each pay check (essentially... we shouldn't complicate it any more for you).
Build the bag slowly. You'll get there.

want to put $250 into xsn right now but only have coinbase funds rn so send some to whitebit then transfer to tether then buy xsn then send to the cloud? is that the best and safest method?

>>26031435
yea

>>26030589
alright i tested with sending/returning xsn to myself it seems to work without a VPN

>>26026248

There are two reasons why UNI MC is the minimum.

1. Uni LPs get all the fees and suffer impermanent loss. Where as Masternodes (coin holders) host the dex and aggregate liquidity. Therefore get all the fees. Uni is just a governance token. No built in mechanism to utilize the token with fees... yet or ever . Xsn is governance and mosternodes provide services like the DEX

2. UNI is on the ETH block chain only, where as XSN is bridging the BTC and ETH through lightning swaps.

Look guys just know that xsn will be making trades and swaps between ETH and ETH tokens with BTC. This is fucking incredible.

THAnk you biz for shilling me at 20 cents


This is unironically a top 10 coins .

>>26031578
what's the legal shit you might get in for buying XSN as a burger? can i be arrested by the IRS or something?

I'm a burger and my plan is to just ignore it until I make it then hire a kike to figure it out for me

>>26032329
double quarter pounders, double-digit mns

>>26032329
>>26032389

>>26031578
nice

if this pumps again it could break $100 million mcap

Complete newfag here. Started with 12k to invest. Did my research and dumped 6k into XSN at .55-.6. Have about 5k left to invest. All in on XSN or diversify into another alt or two? Interested in PRQ and LTO, maybe AVAX.
Also, I am a brainlet newfag and don't understand staking. I am keeping my stakies on the stakenet cloud wallet. How do I stake them and what are the returns like for staking? Does it lock them up to where I am precluded from selling them for a time period? Also I understand you need 15k for a MN. I could get there if I go all in- what is the benefit of a MN?

Can’t wait till top 100 coin

>>26033926
they should automatically start to come after 24h... as for investing its up to you iam all in xsn but iam working with way less money

>>26034160
Thanks. Can you redpill me on what a master node does? I can get 15k xsn if I go all in

>>26034209
oh yea you can afford it honestly you should just get it... it costs 9k now probably will be way more in next couple of months... As for what it does well you basically get free xsn

>>26033926
In XSN's case, masternode owners will ultimately be able to take profits from DEX and LN-based fees. For now, the major upside is that they tend to receive rewards more consistently than a similar amount staked.
If you have your coins on XSN Cloud then they are automatically staking, but the Cloud is generally only recommended for small amounts. MN owners keep enough on there to pay for hosting fees

>>26033926
You'll get rewards by just holding on stakenet cloud. The benefit of masternode is that you can set it up on a server and get bigger rewards than you get on cloud staking. If you don't have solid ideas go all into XSN. With 11k better invest into some moonshots so you can make it big (or lose it all trying)

>>26031389
It's essentially the same concept behind a 401k. Put a little away each month (or every week, 2 weeks, whatever, every time you get paid). Whatever you can afford.

>>26033926
passive income of 9 xsn every day and a half or so, you can release the funds at any point from being locked in to the masternode by simply deleting a line in a configuration file, you can stake directly from the core wallet by having it running on your computer 24/7, you can also send xsn to the cloud and stake it there if you want, only running a masternode "locks in" your funds, they automatically stake

>>26034395
That's what I'm after, turning my stack into a respectable one in alts w potential, then diversifying into long term holds. Not sure if I wanna put my eggs in all basket though, as solid as XSN is. Would like to hedge w another alt or two.

so many newfags and poorfags coming in

Reminder that not only does this project blow every other dex in existence out of the water, it also poses serious competition to cex’s.
Knocking off Uniswap is a good medium term goal. Knocking off Binance is absolutely a possibility.
Binance currently averages about $19 billion in volume a day. Stakenet can hit $20 billion in the long run, and maybe more.
At that point, your DAILY earnings from a master node on trade fees alone are at worst about $6000. This assumes 4000 MNs (currently there’s ~2500) and .1% trade fees. Pic related uses .25%, though I don’t think the fee will be quite that lucrative.
But I’m being a pessimist.

I'll see everyone at 30 cents :)

>>26035163
feels bad that im a no jobbie with not enough funds to buy a MN

>>26033926

I'm all in with about 50k$ invested

Diversification is a meme if you wanna make it

>>26035603
I’m all in too. Wgmi

>>26035603
Holy shit, how many nodes is that?

>>26035399
more like 3 cents.

>>26034817
Better now than at $5

>>26036960

20+

I switched from cloud staking to wallet staking because of the fee, how often does wallet staking payout?

The cloud paid out constantly, its been about 5 hours and my wallet hasn't updated any staking rewards yet

>>26034209
A masternode will host all services that are goin to run on the dex and network. Here is an incomplete list:
>dex trading fees
>lightning routing fees
>watchtower service fee
>masternode reward
>...

No 2 and 3 are tiny but do add up. No 1 obviously is the game changing part here. To put it in simple words: masternodes will do all the work and will therefor get paid for it

>>26038003
It's random on the core wallet. Depending heavily on the amount your staking. Could be 2 within 6 hours and then 4 days nothing. Also keep in mind that it needs to be online 24/7 and in unlocked for staking mode

>>26038003
Yeah it’s gonna be variance as you arnt staking as part of a bigger group

>>26022703
How much does staking gives you per day ? Let's say I have 100 XSN on the cloud

ALL IN

>>26039309
https://stakenet.info/staking/

Only have 1k to invest but I’m going in fellas! Crossing fingers!

Ohhh stakiieesss... volume dropping...

>>26038003
you're getting paid out already for staking? I didn't think anything was live yet

>>26039577
volume is 8x what it was 2 days ago, is this the new fud.

>>26039481
thank's found a calculator https://stakenet.info/staking/calc

so if you just have a few hundred xsn in the cloud and keep investing more each week will this eventually pay off or will you only see fuck you money with a masternode

>>26039801
XSN will be 1000$+ after
>Burning mechanism on full throttle
>Hydra Phase Complete
>XMR Integration
>Vortex
When? Could be 6 months or it could be 3 Years, who knows.
Goto discord & DYOR

>>26040161
sir i'm happy if it links it up to 20 dollardoos first :)

cant even work out how to buy this shitcoin am i retarded or what

>>26040400
There is exchange list on coingecko, you can figure it out from there.

>>26040400
Whitebit.. simple

>>26039351
Not all in, but we have the nearly the same amount of stakies. wgmi fren

>>26039643
I’ve been getting staking rewards on the cloud for months

I'm pissed off I didn't get in early. I just don't have liquidity. I fucked up not being in PRQ and now I've fucked up only having 1k in XSN.

FFS WHY AM I A POOR FAG!!!!

>>26040618
if the lofty predictions given by the intelligent-seeming anons in this and other threads are reasonable, then you'll still get good returns just DCAing into this over the next year. you have a job, right?

>>26040767
forgot image

Feels good being sat on 10 nodes having listened to biz 6 months ago rather than scrabbling around for a few thousand like all these newfags

>>26041060
based

>>26041060
lul what did you think of the fudders

>>26041215
Never concerned me, it's all part of the game. The big picture has always been clear with XSN

>>26041060
Been holdin' since fucking mid 2019 and recently sold for BTC, so fucking mad. BTC did 3x while XSN now did 6x from when my buyin was.

whats the best method for getting alot of xsn without paying a ton of fees during all the transfers and exchanges?

>>26041060
Based

>>26041771
There is one fee to get USDT to whitebit which is 5 USDT or 0 if you use tron network. The fee for taking out XSN out of exchange is like 1 XSN so negligible. What fees are you talking about?

>>26042155
i sent 145 to coinbase for ltc then ltc to whitebit then ltc to usdt then usdt to xsn then xsn to the cloud...ended up w like 118 xsn in cloud is there an easier/cheaper method? doing research as fast as possible but any help would be great thank you

>>26042287
don't market buy and put limit orders instead

>>26042330
Pathetic. I only market buy

>>26042330
chads market buy

>>26039351
Same, I'm all in with 45k xsn. This is a go big or go home project. Death or glory.

>>26042818
45k nice, 3 nodes that is defo a make it stake imo

>>26042818
Based stakie

>>26022703
Feels good to see my stuff copy pasta'd and anons here driving home the points i've been making for several months now.

>>26031941
red pilled.

>>26022703
I've got a nice stack sitting in the cloud wallet but I want to recoup my principal by selling a bit when it pumps on bitfinex. I'm an ameriburger and I've been using whitebit to buy with a VPN. Do you foresee any issues with keeping some XSN in the trade balance on whitebit?

How much xsn will be needed for retirement?

>>26043955
It's just 4 days. Keep it there

is staking in the cloud risky? I'm unable to set up a 24/7 machine connected to the internet.

Man I wish I bought this at 5 cents and able to buy enough to masternode. Regrets. I can't sleep thinking about it.

with this much weaponized autism i have to ask: is stakenet the next chainlink or is it the next statera?

>>26028169
How is Bitcoin better than Ethereum?

>>26044507
It's the next link. Xsn has been around for 3 years sub $ and it's finally nearly showtime

>>26030650
Get a job like everyone else? Everyone starts somewhere.

Newfag brainlet here. Put 6k into XSN yesterday at .55. Have 6k left to invest. Was planning on buying PRQ when it dipped but now its mooning. Should I wait for a dip/good entry point for PRQ to have some diversity or go all in on XSN? I wanna make it so bad

>>26044707
which of the available exchanges do you recommend buying from? i haven't used any of the ones listed on the website.

>>26044838
Prq is a weekly /biz/ shitcoin. If you don't know what that means then you need to lurk more.

>>26044858
Whitebit is the only one with decent liquidity. Bitfinex is coming on the 19th.

Whitebit has no kyc for up to 2 btc worth withdrawal per day

>>26045007
Weekly shitcoin. Weekly losses

After buying on whitebit do you just send to direct to cloud? Looking for the most economical path for getting a make it stack? Coinbase to ltc to whitebit ltc to usdt to xsn to cloud? Is there a better way

>>26031191
You can do ir, I went from 1k to 12k by trading in a bear market for a summer, it's doable if you're willing to risk trading with the whole sum at a time.

>>26045036
thanks fren

i'm so thankful XLM held on, and climbed today even though bitcoin decided to fuck itself

Im a brainlet when it comes to staking/nodes etc, do I need actual hardware to run a node?

I read you can host the server but you still need to run the actual system yourself from somewhere is that correct?

>>26046248
just use the masternode as a service on the cloud. just have to keep 150 XSN on the cloud to pay for it and there's a youtube video that goes through every step of setup

>>26046395
right so essentially you just pay someone to host the node for you?

many thank

For those using XSN CLOUD for staking


Once your cloud balance hits 10k xsn you will no longer receive staking rewards. The devs don't want people storing large amounts on the cloud as it's a centralised service. Once you have a high amount of XSN it's much better to stake with TPoS or in your local wallet.

>>26046248
No. The MNaaS is a service where you can use their cloud hosting. Its cost effective and so easy a chimp can do it.

https://www.youtube.com/watch?v=x9_YdU8vWrU

>>26046514
That’s not true. You will keep receiving rewards if you have more than 10k in the cloud. The restriction is that the rewards won’t continue to scale past 10k. In other words, you will receive more rewards if you have 10k than if you have 5k in the cloud, but you will receive the same amount of rewards whether you have 10k or 15k in the cloud.

>>26046791
Oh, didn't realise it was like that.

I have 9500 stakies atm- how much do I need for an MN and is it worth it? already have 50% of my portfolio in XSN- newfag brainlet here

/biz/ AIGMI?

10k is quite a lot these days, think they should reduce it.. too centrilised when 10k xsn is 7k USD

Aight bros. How long will I have to wagecuck to get a MN if I DCA 1k eur every month, starting from March?

Currently sitting at 160 xsn. It's not even worth staking at this level..fuck I missed the train didn't I?

>>26047158
Based and make it pilled

>>26047184
they're eventually going to eliminate the cloud because of it being centralized

>>26047229
Forever. Your best bet is to take a loan and get a MN asap

>>26022703
>ATH's in reach
>When it comes to investing, the name of the game is to buy LOW, sell HIGH.
>We are getting in at the ground level.
>ATH's in reach

So proud of all my boys here that have listened and seen the light. I never 'shilled' anything. I have nothing to gain by spending hours dumping copy pastas and resources for you to read. Convincing anon's here to buy is ultimately going to have very little impact on the future valuation of this project. I've done it because throughout my life i've depended on the charity of better, wiser men giving my their knowledge. I made a small fortune with LINK thanks to such men and i'm carrying the torch here with XSN. Stay strong and remember the big picture lads. Dont sell your grandchildrens birthright away for a measly 10-20x.

Guys, should I buy XSN with a credit card. I want to get enough for masternode.

Bad idea?

>>26047126
need 15k, +150 if you use MNaaS

>>26047312
Just buy DCA into dips,you could stake until you get enough for a mn.

>>26046791
>>26047184
Another important restriction on the cloud is that you can only withdraw 2k USD of XSN per day. So as the price keeps getting higher it’s going to get harder to move your XSN off the cloud.

What do you guys think it will pump to once it hits BitFinex? Should I dump my PRQ into XSN and go all in?

>>26047229

My credit score is shit. Guess i'll just lease some rope.

>>26047409
i wouldnt be surprised if it dumps when listed on bitfinex.. keep in mind that we wont see take off until dex has decent volume trending upwards on the weekly. the amount of newfags buying in lately honestly got me worried. Advice to newfags that just bought in, no matter what happens when trading is live on bitfinex, do not sell! as i said, true take off will come with volume on dex, not before, and dont be surprised if it dumps on tuesday.

>>26047300
Checked and based as fuck.

>>26047229
>>26047782
This thread is just shills shilling each other. The idea >>26035163
that you can invest $10k today and get a passive income of tens of thousands of dollars, indefinitely, is so far beyond "too good to be true" that I don't know what to tell you if you actually believe it. I'll just remind you that the hypothetical rewards in that image and in the posts in this thread are based on the assumption of a certain number of MNs existing. Even is it gets to the point of XSN being widely adopted, the more nodes there are, the more your returns will be diluted, and the more lucrative it is to won a node, the more nodes there will be.

People will make more and more nodes until the profit from having one is just barely enough to justify the effort. You will never make hundreds of thousands a year in passive income from this. Again, if it sounds too good to be true, it probably is.

>>26047805
>keep in mind that we wont see take off until dex has decent volume trending upwards on the weekly.

unlikely and wishful thinking. When they announce the DEX will be launching, operational, with multichain BTC-ERC20 capeabilities etc do you really think the market will go 'wow, thats incredible! its time to sell now.'

It's not going to happen. People are going to sit on the sidelines waiting for a dump on this one and my fear is, they're not going to get it.

A dump WILL come, its inevitable. no matter how good your asset is, it experience downturn while early investors take profits. But this 'dump'(a dump being defined as up to -50%, crash as 50%+), is not in sight right now. Everyone wants in on this BEFORE the DEX goes live and starts ramping up.

Anyone waiting for a dump is taking a huge risk.

>>26047805
>>26047982
Should I aim for 1.05 as an entry point or keep my powder dry and hope for a substantial dip?

>>26047878
it sounds crazy but the numbers actually checks out (given volume matching todays volume on central exchanges..)
You have to keep in mind that theres a limit to the amount of MNs because the supply will be limited (balance between burn/mint).
If circ supply is 100 mill there can only be 6,6k nodes - and theres incentives in play that makes sure 100% of the supply isnt locked up in nodes, so right now 4k looks like a practical max amount of nodes.
Given a generous 0.1% fee you can check out the numbers yourself

if this retard is smart enough to buy XSN you should be too

If this is the cope we're seeing now imagine the levels of seethe we'll be seeing on biz by the end of Q1 when the DEX is up and running and suprassing Uniswap lmao. I can't wait

>>26047878
you're a fucking brainlet, check the tokenomics. there can't be infinite masternodes because of token burn. this is the only time getting one will really be feasible

>>26048128
Look at the posts in this thread. Can you find a single negative or even cautiously skeptical? There's literally one aside from mine. This isn't smart money discussing the pros and cons of an intelligent investment, it's fools circlejerking over their get rich quick fantasies.

>>26047878
You're only considering the demand side of the equation.

You're missing the supply side, and thats why you're getting the wrong answer. DYOR.

>>26048233
checked

>>26048373
>Look at the posts in this thread. Can you find a single negative or even cautiously skeptical?

we've had XSN threads for years and nothing but inane, self interested FUD.

If you have any genuine concerns and arguments we'd love to hear them

>>26047982
>'wow, thats incredible! its time to sell now.'
no anon, but the really big whales are willing to buy at a premium if it means lower risk. and the risk doesnt get much lower when the dex is live and volume points to adoption..

>>26048124
i dont know what to tell you honestly. anything can happen near future. Long term im extremely bullish though. Very strong team behind the project, and even if there has been lots of delays they keep delivering and improving. Best part is that they have no real competition and are years ahead if anybody tries to set up something similar

>>26048373
Honestly people like you really piss me off. You come in here, amongst a sea of supporting data, and then you claim we're all shills and this is all a fabrication.

Do you have anything of substance that is negative?

Most of us are sick of wasting our time with bullshit fud.

>>26048373
i dont know what to tell you. i get your point, but imo they have reason to be optimistic long term. if you want valuable discussions on pros and cons you really need to lurk here during bear market and not during bull runs. right now this board is 100% moon boys jerking each other off

>>26048406
I have some.

DEX adoption. First release of the DEX was sort of a flop since it was too complex to use but will the new SSUI fix that? You still have to download the D
EX instead of having it on a webapp (I know for what reason they decided to do this but normies don't care).

DEX fees. Opening and renting channels wasn't that much cheaper than onchain txs (if those onchain txs were done in quieter times)

Regulation. This is probably general fud. It might hit any crypto but XSN might be on the radar earlier. No it won't stop XSN but if it's illegal in a lot of places a lot of people will pull out and the price and DEX usage will dump. Yeah you autist drug deep web users might not care but a whole lot do.

Unachievable future goals. Hydra etc. are just theoretical concepts now. Maybe they'll never be able to be realized in any good way.

>>26045423
Problem is tax, also we in bull market now.

>>26047282
>What is marketcap
Ngmi

>>26048607
I have another I posted a while ago. Inflational tokenomics.

It takes a whole lot of volume for XSN to become deflationary.
I can't do the math now but trading fees need to basically be 10 times or so as high as the daily amount of XSN generated. So if the latter is worth 100k Trading fees need to be 1000k because only 10% (was it 5?) of that gets burned. There'll be 1000k buy pressure from trading fees and 1000k sell pressure from MN/Staking + Trading rewards in that case. Maybe a little less because some people looking to grow their stacks.

>>26022703
When is it being added to Binance? Bitfinex is too cancerous for an Aus citizen.

>>26048607
>DEX adoption. First release of the DEX was sort of a flop since it was too complex to use but will the new SSUI fix that? You still have to download the DEX instead of having it on a webapp (I know for what reason they decided to do this but normies don't care).

there was no 'first release' of the DEX. we have only had beta products to assists with development. this is standard practice.

the fact that the DEX is downloadable is of no concern. are you suggesting that people arent capeable of downloading a platform and using it? even if this was a concern in regards to accessibility, a mobile version is currently underworks. but i dont believe they should make this a priority at all.

>DEX fees. Opening and renting channels wasn't that much cheaper than onchain txs (if those onchain txs were done in quieter times)

The most recent info suggest that fees will indeed be more affordable and of course they have streamlined the process of renting/closing channels etc so it all happens under the hood, at the click of a button.

>Regulation. This is probably general fud. It might hit any crypto but XSN might be on the radar earlier. No it won't stop XSN but if it's illegal in a lot of places a lot of people will pull out and the price and DEX usage will dump. Yeah you autist drug deep web users might not care but a whole lot do.

This is the only genuine FUD. there is no doubt we will become a target of law enforcement and regulation. This product, as large scale solution, is an existential threat to centralisation.

>>26048607
>Unachievable future goals. Hydra etc. are just theoretical concepts now. Maybe they'll never be able to be realised in any good way.

What they have accomplished so far was once described as unachievable. And it isn't just 'theory', they have the means of making it possible. of course it will be hard work and take time, just as it has taken time to reach this point.

>>26048964
>When is it being added to Binance?

never. pic related.

just use a VPN you soft cunt

>>26047805
It may dump for a few hours, but days/weeks? No way. Look at what XSN does, their marketcap and previous listing pumps. We are going past the moon.
>>26047878
>too good to be true so it's not true
Ngmi make it, low iq retard.

>>26048607
Honestly your main concern is just that there is an inherent element of risk. of course there is. There was risk when i bought LINK at $0.40. But i estimated the the odds were in my favour. just as they are now.

>>26048373
There is nothing negative to say, all fud as been dealt with. This project is the next 'link'. You had 3 years retard.

>>26048981
There was a decent amount of publicity for the open beta of the DEX and it wasn't taken well and that's mostly from early adopters and early investors. Not that good of a sign. They're only starting to fire up real marketing now but I really hope the product holds up.

>>26049058
Yeah I guess. Nothing of this is really specific FUD for XSN. I'm almost all in anyway and hope these mad lads pull it off and I'm gonna make it.

>>26049085
>There was a decent amount of publicity for the open beta of the DEX and it wasn't taken well and that's mostly from early adopters and early investors.

this literally isn't true. the beta was launched as a PROTOTYPE so that they could accelerate testing, gauge public opinion and make the adjustments needed. thats what they have been working on since, and the launch date of the finished product will be announced this month.

this is tech anon. this is innovation. do you expect things to just be a constant stream of smooth results? if it was easy - someone else would have already done it.

>>26049085
>>26049146
why do you think they have only NOW, after 2 years+, started marketing, making partnerships and got a major CEX listing? Because they're ready.

>>26048607
> DEX fees. Opening and renting channels wasn't that much cheaper than onchain txs (if those onchain txs were done in quieter times)

The fees will be just as bad if not worse if you're only doing a single trade. But if you do just 2 trades the fees go down a lot. They go down significantly if you do a lot of trades with your open channels. This will be very appealing to professional traders, more than it will for retailers. Those are the ones that bring the volume.

>>26047878
Go get a couple certificate of deposits bud

>>26049230
Based. Don't get me hard.

>>26049194
Yeah I might overestimate how much it was seen as a real release based on biz reaction and opinion.

>>26022703
>masternodes
>2021

JUST SAY NO.

SAY YES TO API3.

>>26049773
thanks for the bump

can anyone give me a tldr how much I will make putting my xsn on the stakenet cloud?
I am a poorfag and only own 1000 xsn. Will it make like 0.5 a day or something

>>26049773
A Masternode is a dedicated fullnode of a blockchain that resides on servers around the world to ensure decentralization and redundancy. While a staking node is responsible for the validation of the blockchain, a Masternode provides several services for the network. To operate a Masternode a valid collateral output of 15 000 coins for each Masternode is required. This was made to counter a wild growth of the nodes and to avoid rogue nodes. In addition to
Masternode default features like instant send and decentralized democracy, our Masternodes are aimed to be one of the most powerful stations within the crypto industry and will earn a passive income based on the services they provide.
They will:
>Host and run XSN Dex.
>Host all needed blockchain explorers to ensure true decentralization.
>Host all blockchains needed to keep XSN Dex decentralized and light.
>Handle Lightning Swaps and Tokenized Swaps between different blockchains.
>Be used as watchtowers to host and monitor Lightning Channels.
>Use their collateral to provide Lightning Network liquidity.
>Authorize and secure the transfer of tokenized coins between different blockchains.
>Facilitate instant and private on-chain transactions.
>Provide onion routing and ensure secure exit points for the network.
>Host dApps for Stakenet and other blockchains.
>Be used for the decentralized democracy of the network.
>Offload CPU and database capacities for everyone within the Stakenet mesh.

Thanks to the Masternodes, the Stakenet blockchain becomes an ecosystem in which no single entity can govern and serve the entire network.

Friendly reminder.