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/biz/ - Business & Finance


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27151703 No.27151703 [Reply] [Original]

I'm about to buy this, is it legit?

>> No.27151869

>>27151703
POSW SCAM!

>> No.27152032

>>27151869
explain yourself

>> No.27152178

>>27151703
its such a scam that the most recent FUD being put out by the people on the team got to me and i sold everything and rebought a masternode at a $2k profit
SCAM
STAY AWAY
DASH FORK
POSW

>> No.27152404

Sell

>> No.27152636

>>27151703
It’s not a scam, but it is shit.

It’s continuing on from old tech which no one uses. There’s a reason why biz doesn’t tell people to buy ltc or dash. They say they’re going to hardfork the chain to make it work with smart contracts. Just think about how stupid that answer is.

They have been working on cross chain swaps for the last 2 years. And it has only been made possible by connext. Of connext didn’t come out. Stakenet would still be where it was 2 years ago. Nothing relating to cross chain swaps happens due to Stakenet coding. Other projects are also at the same point at Stakenet. See union and open dex. So dunno how they can claim they’ve been working on super secret stuff for 2 years. When other projects are doing literally the same thing lol.

Also, just buy Rubic. It’s going to be the most used dex once it launches.

>> No.27152676

still not convinced need more explanation, im about to sink $20K in this

>> No.27152913
File: 63 KB, 416x700, xsnpepereasonstolive.jpg [View same] [iqdb] [saucenao] [google]
27152913

>>27152676
Masternodes go brr

>> No.27153219
File: 1.98 MB, 240x240, frog 1595720556487.gif [View same] [iqdb] [saucenao] [google]
27153219

>>27152636
doesn't rubic only trade ERC20s so anything else is incompatible? lol

>> No.27153311

>>27153219
Rubic is a shitcoin

>> No.27153372

>>27151703
Yes anon.
DEX will release in Q1, Hydra will make MNs extremely profitable.
The DEX will very likely pull in huge volume from HF traders with private and near-feeless transactions. Price of XSN will be driven up in the case of high-volume on the DEX due to the buy pressure from 10% of the fees being used to burn XSN.
Your choice. openDex is a load of shit with a rubbish CLI that makes it nearly unusable for any normal person. Stakenet makes a L2 cross-chain DEX actually useable.
Buy Pubic if you want but their exchange seems to go down every week and will get shut down soon enough, plus doesn't have cross chain with Lightning Network. It doesn't trade LTC or BTC or any other LN compatible coin which both have extremely high trading volume. It is just another uniswap clone IMO

>> No.27153448

it's an obvious piece of shit, but that shouldn't stop it from mooning during the upcoming great war of exchanges.

>> No.27153838

>>27153219
No. Rubic has crosschain swaps that are instant and low fee. L2 integrations coming in Q2.
Rubic is way ahead of Stakenet tech-wise

>> No.27154503
File: 40 KB, 814x142, STAKESHIT IS NOW SUPERIOR TO ETH!!!!.png [View same] [iqdb] [saucenao] [google]
27154503

>>27153448
WRONG!

By investing in Stakenet shitchain, you're investing in an L1 competitor to Eth. You're not investing a protocol that's run on Eth or another EVM compatible blockchain.

You're investing in a fork of DASH, which is pure shit. Imagine investing in a UTXO layer 1 blockchain that can't run smart contracts in 2021. Worse, the devs are complete fucking scammers. And I'm not even talking about the obvious PoSW exit scam. I'm talking about how they say this piece of shit fork of DASH is superior tech to Eth.

>> No.27154761

Masternodes that host the dex orderbook go BRRRRRRRRR
https://stakenetmasternodecalculator.web.app/

>> No.27154865

>>27152676
LARPing Shill identified. Who are you fooling? You already placed your entire life savings into this scam years ago.

>> No.27154892

>>27151703
its a scam dude. buy doge, wsb or rubic instead

>> No.27155006

>>27154503
>You're not investing a protocol that's run on Eth or another EVM compatible blockchain
I believe they have already stated that a fork is required. It's not like they're planning to implement the 3rd stage with the current blockchain.

>> No.27155186

>>27155006
Do you understand how incredibly stupid this sounds? First of all, they didn't say that because it's not possible.

This is a UTXO model. You can't fork a UTXO model to be an account model. The only thing that is getting forked is the money from your wallet into the team's wallet.

Stop making shit up scammer.

>> No.27155410

>>27155186
pls stop fudding xsn, you make me sad...

>> No.27155562

>>27154503
https://lightning.network/how-it-works/
>Lightning is a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants.
>XSN has had the lightning network implemented for 2 years now
> XSN CAN'T HAVE SMART CONTRACTS REEEE
Something does not compute here, just saying :^)

To OP, you'll cuck yourself like a fucked if you listen to the negativity surrounding the project. Honestly, don't get your information from /biz/, they sound smart but are actually just taking stuff from their ass. If you trust any of them you won't make it. Activate your brain cells and read their articles/watch their videos etc instead. Or else you can ignore my advice and commit suicide later, I really don't care enough.

>> No.27155618

>>27152636
The funny thing is that Stakenet is stealing everything they can from OpenDex, which imo is shit too, for much of the same reason as Stakenet. But the difference is that OpenDex is at least built on Eth, so it can natively host other token networks, but they also haven't found utility for their token because it's not necessary. At least they are up front about it. The problem with Stakenet is that it's its own separate blockchain, that like you said, is built on a fork of DASH, so you can't do shit with it except make transactions in XSN shitcoin. If you want to host your own centralized shitcoin exchange that can exchange via BTC lightning, you need to host a BTC lightning node and have the necessary collateral to make it worthwhile. The problem is that lightning itself has multiple attack vectors and there is opportunity cost associated with hosting a lightning node compared to what you can get on Eth. There is a reason why there is 500 times more BTC on Eth than there is in lightning network.

>> No.27155631

OP here, there is obviously a coordinated FUD army that attacks this coin at every opportunity with arguments created from thin air, pretty sure this is bullish af and I'm considering putting even more in than $20 K

>> No.27155689

>>27155631
do it OP
https://stakenetmasternodecalculator.web.app/
STAKENET GOES BRRRRRRRRRRRR

>> No.27155815

>>27155562
Here you go OP:
https://medium.com/stakenet

https://www.youtube.com/watch?v=sXj3_qKSUBk
https://www.youtube.com/watch?v=AJKMxra-BXM
https://www.youtube.com/watch?v=e2MKOXXg048

GLHF. Research these sources or get rekt like the rest of the tards on this website. It's your choice, make the right one.

>> No.27155916
File: 53 KB, 681x257, Bitcoin Can't Run Smart Contracts.png [View same] [iqdb] [saucenao] [google]
27155916

>>27155562
Oh, here is another shill. Easily disproved because he's a moron and invested his entire life savings in XSN shitcoin so he has no idea how lightning works because he's never run a node before.

This is how it works. First you need BTC to run a lightning node and you need to use the BTC as collateral as that is your functional capacity for transactions. If you want to swap BTC to LTC via lightning, you need a an LTC lightning counterparty. When you swap, BTC for LTC the transaction fee is in BTC.

NO XSN NECESSARY. NO XSN REQUIRED. XSN IS A SHITCOIN built from a FORK OF DASH.

>> No.27155931

>>27155006
Yup. Just gonna do a little fork make and turn dash into eth. Yup. Totally just gonna do that little thing.

>> No.27156021

>>27155631
The OP is an obvious shill.

>> No.27156121

>>27155631
The lightning network is dead man. It has been for years. No one gives a flying fuck about it.

>> No.27156124
File: 9 KB, 225x225, 1603738706159.png [View same] [iqdb] [saucenao] [google]
27156124

>>27155916
What is that? Is that a fly I hear buzzing around? Hmm, what smell is that. Oh damn, it's the smell of shit surrounding this fly.

Begone little nigger fly.

>> No.27156277

>>27155931
There scammers are making this shit up anyway. The "team," and I put that in quotes because they are actually contractors not affiliated with Stakenet to separate legal liability in the event of another exit scam, says that this tech will be superior to Eth, not that it will become Eth. They said that Eth will actually become more like this Dash fork piece of shit.

>> No.27156475
File: 423 KB, 1373x1333, XSN is a SCAM.jpg [View same] [iqdb] [saucenao] [google]
27156475

>>27155631
Thin air?

Look at this scammer.

>> No.27156529

Honestly OP, there's a reason the fudders are out in full force right now. They want the chart to break through the current support level. It just might. So just wait for that to happen and buy up the cheap XSN before they get the chance. Then watch them seethe.

>> No.27156600

>>27156277
Have you checked this out? A sleek calculator for MN returns:
https://stakenetmasternodecalculator.web.app/

>> No.27156621

>>27156277
Checked and based

>> No.27156808

XSN threads usually die in a few hours without fud. PoSW / Dash / Diaper / smart contract gossip is an acceptable way to keep these threads alive.

>> No.27157030
File: 204 KB, 1594x1262, turkish_pothole.png [View same] [iqdb] [saucenao] [google]
27157030

just remember. still holds true.

>> No.27157110
File: 213 KB, 1550x1644, Yankee Scamming Again.png [View same] [iqdb] [saucenao] [google]
27157110

>>27156600
I don't give a fuck about that idiot bait. If you want to the know the value of this shit chain, look at the chart of PoSW. It's the same tech.

Here is a Stakenet scammer Yankee, trying to gaslight a Binance tech into thinking he doesn't understand his own product. The level of scamming is unparalleled.

I'll explain to you how the scam works, just in case you can't figure it out on your own. Stakenet scammer devs hold a wallet or wallets on Binance. Whenever a moron using Stakenet Shitchain "DEX" lol, wants to swap his XSN shitcoin for BTC, the scammer devs front run his order buy purchasing on Binance and then selling it back to the moron on Stakenet shitchain "DEX" lol for a premium. The problem is, it's not occurring in real time because Binance doesn't use lightning, so the Stakenet scammer devs need to keep additional collateral to sell at a premium to morons who use Stakenet shitchain "DEX" lol.

It's that simple. No magic.

>> No.27157232

>>27155618
>lemme fling shit at a wall and see what sticks
tl:dr
can you back any of your false allegations with data/evidence?

>> No.27157234

>>27157030
How is AAVE, a lending platform on Ethereum in anyway related to Stakenet Shitchain which is a separate L1 blockchain forked from DASH?

>> No.27157314

>>27157110
>It's that simple. No magic.
XSN isn't even on Binance yet. You can do that with LTC though. Who gives a fuck about yankeeruinedXSN?

>> No.27157317

>>27156529
I'm won't hesitate bitch. moving funds to buy as we speak.

>> No.27157514

>>27157317
good shit how many nodes you gonna run?

>> No.27157552
File: 861 KB, 918x1280, 1594504196470.jpg [View same] [iqdb] [saucenao] [google]
27157552

>>27151869
>>27152178
>>27152404
>>27152636
>>27153448
>>27153838
>>27154503
>>27154865
>>27154892
>>27155186
>>27155618
>>27155916
>>27155931
>>27156021
>>27156121
>>27156277
>>27156475
>>27157110
I mean, just look at these niggers. They're desperate and coordinated as fuck. It's quite pathetic really, but I guess anonyous pajeets just can't help to larp as corrupt and colluding hedgies and their media compadres.

This is absolutely bullish.

>> No.27157563
File: 48 KB, 702x147, DESPERATION!!!! COPE!!!!.png [View same] [iqdb] [saucenao] [google]
27157563

>>27157232
The desperation is palpable. I can feel it. It's like that time when Yankee desperately pleaded with XSN morons that only Stakenet shitchain that can't natively run any of these layer two solutions because it's a UTXO chain built from a fork of DASH was true layer 2. Forget that rollups run its computation offchain, and even Vitalik is behind them.

No, only this fork of DASH that can run smart contracts is layer 2. You just can't make this shit up. It's for everyone to see.

>> No.27157766

>>27157552

It's a CONSPIRACY!!!!!! It's coordinated FUD!!!!

Help me!!!!! Why did I make such a shit investment????

It's a not conspiracy. It's indisputable facts. If you can't deal with reality, go see a psychiatrist.

>> No.27157953

>>27157317
This scammer has never even seen $20k. You know why? Because they don't pay that much at McDonalds.

>> No.27158026
File: 12 KB, 400x439, shit_investment.jpg [View same] [iqdb] [saucenao] [google]
27158026

>>27157766
lol, you can argue every other point, but it's not a shit investment right now. It's literally rocketing up.

>> No.27158153
File: 155 KB, 1050x1353, Bull.jpg [View same] [iqdb] [saucenao] [google]
27158153

>>27157766
See you on the future yacht parties. You fucking faggot.

>> No.27158235

>>27157953
this guy is like an NPC. doesn't participate at all, but is still around.

>> No.27158393

>>27158153
Personally, I don't like the ocean. It's nice to look at and I like seafood, but I don't care for being on a floating vessel. If you choose to get a job serving rich people on a yacht though, that's your prerogative, but it's unlikely that we'll ever cross paths. Maybe if you decide to change your path in life from unsuccessful to successful.

>> No.27158463

>>27158393
Have you made it? What are your credentials to make the financial advice you are making?

>> No.27158570

>>27158235
Nobody else needs to succumb to this scam. They need all the facts. I know your objective is to hide the facts, but the truth will set you free.

Stop projecting.

>> No.27158609

>>27155631
I know you think you are doing this project a favor, but you arent. so kindly fuck off and never mention xsn on this board again

>> No.27158857

get the fuck outta here

>> No.27158872

>>27158570
>Nobody else needs to succumb to this scam.
you might've not succumbed financially, but mentally it has a chokehold on you. Everything is perfectly aligned for the dex release.

>> No.27159245
File: 382 KB, 512x512, 1595886795933.png [View same] [iqdb] [saucenao] [google]
27159245

>>27158393
Hey man, I just want to be friends with you. How can I do it? What do I need to do to be your best friend? I don't want you to suicide in the future, how do I prevent that?
Can't we just agree to stop fudding and be frens already?

>> No.27159363

>>27157563
>you're so desperate!
ad hominem, not an argument

>> No.27160089
File: 107 KB, 500x637, 1501565935363.jpg [View same] [iqdb] [saucenao] [google]
27160089

>>27158393
>>27159245
I've been here calling you a fudding nigger on the daily now, for the past half a year. I'm starting to feel as if there's a deeper connection between us. Please give me a sign that you're happy. It would mean a lot to me to know that my arch nemesis is having fun doing what he's doing. Please give me a sign. I can even help you to fud at times if that'd make you happier.

>> No.27160975
File: 70 KB, 495x548, 1610629673470.jpg [View same] [iqdb] [saucenao] [google]
27160975

>>27160089
No answer? Not even a sound for us to know if you're alive... Fudder are you...

OK?

Are you OK?
Are you OK fudder?

Fudder are you OK?
Are you OK?
Are you OK fudder?

>> No.27161530

Bitfinex listing and dex launch !!!! I accumulated and there’s time to accumulate moar

>> No.27161631

>>27160975
im getting worried about him
>>27158609
you haven't accumulated enough yet right?

>> No.27162146

>>27151703
$10 EOY

>> No.27162584

>>27161530
Fuck off Macutao. You’re literally 70 years old.

>> No.27162894

>>27151703
XSN is a scam. You need to look at LRC.
Nobody on biz really talks about it, but it’s the first L2 eth DEX, working exchange RIGHT NOW

Should’ve beat out UNI/SUSHI, I have no idea why it’s still so low market cap

I’m white, not pajeet

>> No.27163369
File: 27 KB, 694x94, HARDER FASTER LOL!!!.png [View same] [iqdb] [saucenao] [google]
27163369

>>27162894
LRC is good, but according to Stakenet scammer team, it's not layer 2. This DASH piece of shit scam, scales much "harder faster" than anything out there.

>> No.27163519
File: 34 KB, 709x126, AMM SMART CONTRACT.png [View same] [iqdb] [saucenao] [google]
27163519

>>27163369
The funniest part about this is that there is LITERALY NOTHING IN COMMON with Stakenet shitchain and Uniswap and Sushiswap which are AMMs which is literally a smart contract.

This l1 DASH clone piece of shit can't run smart contracts. Yet these scammer team pieces of shit are saying this has a lot in common with them.

You just can't make this shit up.

>> No.27163764

>>27163519
if XSN cannot run smart contracts then how does the DEX even function?

>> No.27164028

>>27163764
The way it works currently is the developers host a lightning node of each network. So for example, if you want to trade BTC for LTC on lightning, you connect to the developers BTC lightning node and rent a channel and you pay for a transaction in BTC for LTC in a swap. The developers collect 100% of the profits which are not much. That's how it works.

>> No.27164151

>>27164028
>he expects me to believe this

>> No.27164164

>>27163519
AMM is a bot you retard it doesn’t need a smart contract. They have been around long before Uniswap bastardized the name.

>> No.27164347

>>27164151
But that is how the dex works? It’s. Lightning node be a connext node and you are connecting them to cross chain swap.

The dex isn’t a smart contract.

>> No.27164575

>>27164164
No, an AMM refers to a specific type of DEX.
They allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. AMM users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula which for Uniswap is a constant formula x * y = k.

What you're referring to is an arbitrage bot, but you're also an idiot and have no idea what you're talking about which is why you invested in a fork of DASH in 2021.

LOL!!!!

>> No.27164576

>>27164151
https://twitter.com/XSNofficial/status/1351486142923886594

>> No.27164630
File: 691 KB, 590x745, elonmakeit.png [View same] [iqdb] [saucenao] [google]
27164630

fudders ripping their private parts over some anon buying XSN.
The seething before the storm lol
Go for it, anon. There's a lot of reading everywhere proving this project is legit.

>> No.27165080

>>27164575
What DEX are you personally investing in?

>> No.27165569

>>27165080
I'm not investing in a DEX. The problem with a DEX is that it's a race to the bottom in terms of fees. That's the only way it will survive because every traditional orderbook DEX will have to compete with AMMs in which LPs should set their fees as low as possible without being zero in order to realize a wealth growth rate while avoiding IL. If I had to invest in a token for an exchange, I guess I would lean towards lrc. It will be interesting to see if uniswap can develop utility for its token. uniswap is a smart team.

>> No.27165888

>>27165569
Right now I would never put my money in lightning. Lightning was developed as a payment network, but it's unrealistic to assume people will get paid in BTC or that people will pay for goods and services in BTC which is one of the many reasons why BTC lightning has no traction and there is 500 times more BTC on Eth. You can make a good return with BTC assets on Eth. Ultimately, that's what it comes down to. As long as the smart contract does what it says it's supposed to do and can't be changed, there is a level of trustlessness. Lightning is still vulnerable to attacks.

>> No.27165964

>>27165569
let me guess you're one of those guys who is never wrong.

>> No.27165978

>>27165569
That’s a good point, I hadn’t really thought of that— also you should look at LRC a little bit closer, it’s not just a DEX— it’s a exchange pooling protocol that can link order pools from multiple DEXs together

What’s the next thing after LINK?
What’s your portfolio?

>> No.27166691

People are looking too far. No one, except complete retards, expect to reap XSN rewards for years. It's all about this getting a nice 20x pump due to "muh L2 dex". Uni v3 will probably sweep the floor with the competition.

>> No.27166731
File: 9 KB, 255x253, 1594503627152.jpg [View same] [iqdb] [saucenao] [google]
27166731

>>27165569
>>27165888
You didn't answer my earlier questions. Plz respond. You're making me very sad for your sake :,(
>>27159245
>>27160089
>>27160975

>> No.27166845

fudding is absolutely required for this coin, as the discord trannies are completely incapable of holding any reasonable discussion for more than 10 posts. w/o fudders this coin doesn't exist on biz.

>> No.27167067

>>27165888
>21 posts of trying to sound smart fud

This guy is literally in any xsn thread all day, all week. He devotes his life to fudding xsn. Keeps repeating his text walls of dash fork and utxo fud which have no value at all in this discussion. Every time he gets disproven he makes new stuff up :D. No sane person does this. It's so fucking hilarious, never seen someone this pathetic rofl

>> No.27167619

>>27166731
give him some time anon, he'll get there.

>> No.27167716

>>27162894
>pajeet
Besides this is not a lrc thread, that post is pure lies. There are at least a dozen "L2" ETH only exchanges atm like Matic, Quickswap, Connext, Xdai, ZkSnyc and so on. Try harder Rakeesh

>> No.27168154

>>27167716
You can't help yourself but sound dumber every time you write a sentence. It's just too dumb for me to summarize, so I'll let you continue to make a fool of yourself. However, I'll focus on one thing that you said that was extremely stupid (although everything you just said was incredibly stupid).

Loopring's current layer two solution is Zk Rollups you absolute imbecile. And this just turned into an LRC thread because XSN is a fucking scam. Oh, that's right, XSN shitchain can't even run rollups because they're used to scale account model blockchains like Ethereum, not some SHITCHAIN forked from DASH that can't run smart contracts.

Keep talking though. You're making everyone who invested in Stakenet look like total fucking morons.

>> No.27168252

>>27168154
this guy thinks he is never wrong holy shit. never selling shrimpy

>> No.27168802

>>27168252
thats the way HODL THOSE NODES

>> No.27168892
File: 6 KB, 205x246, 1594415485607.jpg [View same] [iqdb] [saucenao] [google]
27168892

>>27168154
Hey man, don't ignore me m8, tell me if you're alright? Should be have a talk over the telephone? I'm a licensed internet psychotherapeut. Allow me to help you man. I understand it must feel like shit being stuck in the fudding scheme you are now, getting almost no pay, no love, no nothing. Perhaps you're a poor neet and this is your only way of coping with reality? If you don't tell us we'll never know, man.

>> No.27168918

>>27155916
>no xsn needed within a btc:ltc trade
Imagine trying to make that look like a disadvantage lol.
It's actually the beauty of the whole thing. They are not forcing anyone to use some utility token for any service. Xsn will only be needed if one wants to financially take part in the income streams which the dex will enable. That's genious cause it lowers usage barriers heavily.

>> No.27169059

>>27168154
22 posts by this id

have you not accumulated enough? Props to the dedicated fudding tho, but you talk total shit. Why are you so mad?

>> No.27169141

>>27167067
based

>> No.27169211
File: 61 KB, 812x1024, SMARTGUY.jpg [View same] [iqdb] [saucenao] [google]
27169211

>>27168918
So if you don't need the XSN shit coin for making trades, what the fuck do you need it for? Uh, did you just invest in XSN for the "tech" (a fork of fucking DASH, lol)?

What are you? Some kind of fucking idiot?

"Bros, it's fine that XSN shitcoin is not used for fucking anything because it's a fucking shitcoin. It will still get value anyway."

>> No.27169351

>>27169059
If only desperation had a smell. In this case, it would smell like SHIT because it's a coming from a person holding a bag of pure SHIT.

>> No.27169554

>>27169351
are you ok bro clearly XSN is needed to run the MNs that host the dex orderbook and if you don't have the MNs you don't have the dex
maybe you should go get some help

>> No.27169602
File: 363 KB, 5000x5000, 1496789880080.png [View same] [iqdb] [saucenao] [google]
27169602

>>27169211
Hey man, won't you tell us where XSN hurts you? Did you get dumped on? Is this revenge against XSN bullies? Don't you think you've done enough already? It's fine to take a break you know. Take a breather, get out of your room, go to the gym, take a relaxing walk with your dog? XSN won't run away from you, we're a very inclusive community. Indian, Turk or White, we don't fault you for wanting more XSN you know. So tell me m8, where has XSN hurt you? It tears up my eyes to see you fall into the darkness like this m8. Let's be frens. You don't even have to buy XSN, you'll still be allowed here m8.

>> No.27169854

>>27169211
You don't need XSN to trade on the DEX.
If you want to host the DEX however by operating a masternode you do need it. Also for staking ofcourse. Holding XSN gets you block rewards.

To provide channel liquidity for the DEX (so other people can cheaply rent your lightning/connext channels) you need to have a masternode, and you profit from the fees of this.

Furthermore anyone can put liquidity on the DEX's orderbook, but with a MN you can operate as a AMM/higher liquidity provider.

For every trade made on the DEX a small part of the fees (10%) in XSN gets burnt, which also gives value to the coin.

But see a doctor man, you aint right..

>> No.27169961

>>27168154
Yawn
This is pathetic. I don't care about Loopring, but it didn't come up with zk Rollups. Don't pretend. The tech is zksnyc which I mentioned and it was done by Matter Labs.
Just leave and give your life actual meaning. Go outside, leave the basement for once and perhabs try to talk to a woman again instead of spending all your time in xsn threads talking about utxo txs and forking dash.

>> No.27169965

>>27169211
What is masternode collateral? You a nigger or something?

>> No.27169988

Stakenet DEX will most likely be the first layer 2 DEX(first mover advantage) and its blockchain is the infrastructure that will host this DEX and subsequently receive it's trading fee's. It is not difficult to envision a time in the next year when Stakenet DEX is functional and hosting hundreds of millions of dollars worth of trading every single day.

To reiterate, Key highlights of Stakenet’s Layer 2 DEX:
>It provides instant and virtually feeless cross-chain trading.
>Users retain full custody of their funds at all times as they own the private key for their wallet.
>Projects and users can run their own hub of the DEX which adds further liquidity to it and can support their chosen currencies.
>“Vortex” enables the DEX to share liquidity with other exchanges, both centralized and decentralized.
>It is run entirely on their decentralized Masternode network.
>The community members who run a master node will earn a share of the fees earned from the DEX.

>> No.27170240

>>27169211
>what do you need xsn for

I LITERALLY wrote what it can be used for :D. Imagine this guy. I will repeat it for you, so you can tell mommy at the diner table that you learned sth new today:

>It's actually the beauty of the whole thing. They are not forcing anyone to use some utility token for any service. Xsn will only be needed if one wants to financially take part in the income streams which the dex will enable. That's genious cause it lowers usage barriers heavily.

>> No.27170268
File: 211 KB, 1000x577, Hoodra2.png [View same] [iqdb] [saucenao] [google]
27170268

>>27155689
hooo

>> No.27170338

>>27169854
Another idiotic post made by a moron. Lol. Are you guys fucking disabled or something? I'm starting to feel bad. I mean, I came here to help you understand why this is a scam, but I feel like you guys are just too fucking stupid to understand anything I'm saying.

So, providing channel liquidity? Do you understand how fucking stupid this is? So, you've never run a BTC lightning node. That much is clear. The only thing XSN shitcoin would be needed for 'channel liquidity' is if people wanted to swap XSN shitcoin for something that actually has value via XSN shitcoin lightning.

And no, you can't be an AMM because you can't put liquidity pools on Stakenet shitchain because it's a UTXO blockchain and can't run smart contracts. How the fuck are you going to provide liquidity? You only have shitcoin XSN. The only 'liquidity' you can provide is by putting your shitcoin into an XSN shitcoin lightning node.

Think about it. Use your brain. The developers are telling you that this network is going to be superior to ETH. Doesn't that raise red flags? Why doesn't everyone develop on a fork of fucking DASH? Do you just not think anything through?

>> No.27170535
File: 82 KB, 1024x1024, HD Stakies Pepe.jpg [View same] [iqdb] [saucenao] [google]
27170535

>>27170338

>> No.27170593

>>27169988
LRC is literally the first mover with a FUCKING WORKING L2 DEX RIGHT FUCKING NOW

>> No.27170681

>>27170338
everything in this post has been refuted in this thread already.

Channel liquidity is not per se provided as XSN, but for lightning it will be BTC. However, when someone rents a channel, these fees will be converted to XSN.

And how are there AMM on CEX if A CEX CANNOT RUN SMART CONTRACTS DUURRR; maybe because market making bots exist for 20 years?
If I put an order on any orderbook, I provide liquidity already.

But please take your medicine. Resorting to personal attacks and posting 25% of replies in this thread fudding and seething says enough about you.

>> No.27170692
File: 8 KB, 235x172, 1600263583451.jpg [View same] [iqdb] [saucenao] [google]
27170692

>>27170338
Anon... Labz... My fren... Tell me something about yourself... plz... Otherwise I just might suicide because it's killing me inside to know you're going through so much personal and emotional pain due to my investments.

>> No.27170784

>>27169961
A) You're a fucking idiot. That much can't be reiterated enough.

B) Loopring isn't married to zk Rollups. They can use any rollup solution to scale their network, which is why I said it was their current solution.

C) Stakeshit shitcoin, isn't creating any layer 2 solution. In fact, it can't even use rollups because it's a piece of shit fork of DASH UTXO chain, so that's out of the fucking question, lol. Of course, that lying shitbag loosely affiliated team lead, would have you believe otherwise because he's a piece of shit.

D) So what is stakeshit shitcoin? It's a fucking fork of dash that isn't inventing or creating anything, just like Loopring didn't create layer 2. The difference is that Loopring is optimized to utilize multiple layer 2 solutions because it's a network that's built on a Ethereum, so it can run smart contracts.

>> No.27170795
File: 1.82 MB, 1117x1170, XSN jeets.png [View same] [iqdb] [saucenao] [google]
27170795

>>27170593
Its getting very transparent now homie

>> No.27170962

>>27170593
LOL. Shhhhh. You're ruining their delusions. Apparently Vitalik is a fucking idiot for giving his approval for Loopring.

Apparently Yankee the shitbag scammer is the one you should believe.

>> No.27171046
File: 5 KB, 250x249, 6252856598d42840a65905a895fa541be86969531e2e904eb4fe5d8b9123bec3.jpg [View same] [iqdb] [saucenao] [google]
27171046

>he wants us to buy OpenDEX instead like a bunch of morans

>> No.27171396
File: 6 KB, 200x193, 097 - 4FjWknR.jpg [View same] [iqdb] [saucenao] [google]
27171396

>>27170338
>>27170784
>27 posts by this id

>> No.27171485

>>27170784
>bla rollups

Stakenet isn't pretending to use Rollups and it's not trying to. There are multiple solutions to what's generally called Layer 2. One is rollups, another one is payment channels. Stakenet utilizes payment channels for off-chain transactions which work cross-chain caused they are not tied to abilities of certain blockchains. You're not having a point here.

>> No.27171639

>>27171485
Loopring can use both too. Ooops, you didn't realize that because you're a fucking idiot. LOL.

Stakenet doesn't utilize anything. Stakenet is a UTXO blockchain, so all it can do is create XSN channels for people that want to run a Stakeshit lighthing node and swap Stakenet shit coins for something that actually has value.

>> No.27171734

>>27171639
Hey man still waiting for your answer on the "xsn is not needed LOL!!!!" fud

>> No.27172054

>>27171734
I answered it about 27 times. Alright, this is cleared up though. At least you successfully turned this thread into a Loopring marketing campaign. What a fucking idiot you are. Lol.

>> No.27172163

>>27172054
Just another day in the lab.

Labz out.

>> No.27172349

>>27172163
ok good to know you were a dev for loopring
good luck because you are never going to beat the XSN dex fuckers

>> No.27172417
File: 35 KB, 600x800, 0433 - erbfYII.png [View same] [iqdb] [saucenao] [google]
27172417

>>27171639

>> No.27172504

>>27158570
doing god's work tbqh anon

>> No.27172522

>>27172349
I already said Labz out, but I have no affiliation with Loopring, but I'll take it as a compliment that you think I'm a dev for such cutting edge tech.

I'm happy that you don't think I'm some fucking moron that forked DASH. You fucking idiot!!!! Lol!!!!!!

>> No.27172649

>>27172504
Thanks. Good luck with your future investments.

>> No.27172722

>>27172054
Nope you didn't answer it. You were asking here >>27169211 what XSN is needed for.
Imagine spaming 28 text walls of fud into this thread and then asking what the coin is needes for. That's how much this fudder understands about Stakenet and its value proposition. I andwered you here >>27170240 and you didn't react. Instead you keep payjeeting about lrc Rakeesh

You are literally the dumbest and weirdest piece of shit, just go back to /pol/ or better give your life actual meaning :D seriously I am laughing so hard about you, you really made my evening :D. I am always amazed by what kind of sub humans without a real life can be met here :DDD

>> No.27172736

>>27172522
sure fucker
keep thinking XSN isn't going to hardfork and keep thinking that lightning swaps are not going to steal all the users
and especially keep thinking the vortex won't eat the loop ring liquidity

>> No.27172962

>>27172736
Lol. The delusion you must have to justify your own stupidity and sheer ignorance.

I'm wrong, so this guy must be Loopring Dev. Yeah, that's the ticket. That's what I'll fucking tell myself so I can sleep at night.

What a fucking idiot!!!!! You just can't make this shit up!!!

>> No.27173528
File: 38 KB, 600x600, fudposter.jpg [View same] [iqdb] [saucenao] [google]
27173528

>>27172962
The seething on a very valid DEX product with only 40M market cap. Imagine selling your XSN at 0.04, what an IDIOT! You must be really pathetic! 33 posts fudding, you can't make this shit up!

This guy...

>> No.27173754

>>27173528
I never bought this pile of shit. Lol! I'm just became aware that some scammer shit bags are trying to do another scam, so I'm doing my duty as an UPRIGHT CITIZEN and spreading the word, so you can't spread anymore lies. I hate scammers. It should be the duty of the community to call them out.

>> No.27175363
File: 51 KB, 413x590, skadooshs_only_reason_to_live.jpg [View same] [iqdb] [saucenao] [google]
27175363

>>27172962
kek

>> No.27175708

>>27173754
Oh lol ^ ^ Upright Citizen.

I don’t think you have one.

>> No.27176459
File: 31 KB, 604x516, 1595892310295.jpg [View same] [iqdb] [saucenao] [google]
27176459

>>27172163
>>27172522
>>27172649
>Labz out
Finally you're starting to show a bit of personality. Feels good to know there's actually a person with some sort of semblance of humor lurking behind the posts. I'm happy for your sake Labz. Take care, man.

>> No.27176516

so it was an lrc bagholder after all. beautiful.

>> No.27177005

>>27173754
I'm fucking rolling, EVERY SINGLE fud post in this thread is from the same ID. 34 posts in a 120 post thread.

I've literally never seen someone so motivated in my life. Bullish as fuck.

>> No.27177239

>>27177005
It's the same guy who's been at it since summer. I'm starting to wonder about his personal health. Can't be healthy to spend every single day months on end just spreading negativity like this. He'll become like a bitter old lady if he continues like this.

>> No.27177876

>>27177239
Well fuck I can't imagine how upset he'll be when xsn actually starts to gain traction. I almost look forward to it

>> No.27177912

I should have sold at 70 cent

>> No.27178022

>>27177239
it's going to be glorious seeing this same FUD when XSN hits $5

>> No.27178149

>>27177912
Make sure you do when we hit it again, dont want to get caught holding a bag rite

>> No.27179361
File: 14 KB, 555x552, images - 2021-01-23T093845.726.jpg [View same] [iqdb] [saucenao] [google]
27179361

>LabzLKWX
>34 posts by this user

Uh oh did someone sell and get priced out

>> No.27180626

Nobody’s selling now. XSN is about explode like a throbbing rock hard penis.

>> No.27182070

Bump

>> No.27182482

Wtf this thread is still up? Scam sell sell sell.

>> No.27183094

>>27182482
Sca