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

/biz/ - Business & Finance


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24655951 No.24655951 [Reply] [Original]

Reminder: nothing in the DEX space can offer what XSN is bringing to the table. It would take them at least 1 year, maybe 2 to catch up... Fudders are already seething.

>> No.24656045

>>24655951
>inb4 schizo copy-pasta fudder starts posting

>> No.24656552
File: 235 KB, 1440x1108, Screenshot_20201208-235018~2.png [View same] [iqdb] [saucenao] [google]
24656552

>>24655951
>$100 EOY
You shills need to adjust your shilling to something realistic at least, it's getting pathetic

I kind of feel sorry for you bagholders though. They've been working on stage 01 for TWO years now and their only at 60% - at this rate it's gonna take a long long time until completion

>> No.24656578

DEVS already exit scammed a project called PoSW.

Do not be led into this. This is their second attempt at creating bag holders.

They claim to be a Blockchain with several DAPPS that will be developed on it.

However, Stakenet blockchain is built on UTXO technology, the same tech that DASH and BTC is built on, meaning it can not support smart contracts or EVN compatible tokens.

Right now the Stakenet devs operate three separate lightning nodes. They operate one with BTC, one with LTC, and one with XSN.

You cannot run XSN on BTC lightning or BTC on XSN lightning. It is not possible.

The way it works is when you do a swap with BTC for LTC for example, your fee is in BTC. What they are doing is creating a "wallet" IE not a liquidity hub for ERC-20 tokens and are attempting to utilize offchain technology to do token swaps.

ERC-20 tokens are incompatible with UTXO blockchains, so there is not interaction with XSN unless a swap is performed for XSN for another token. Other than that, there is 0 UTILITY. So ask yourself, why would you hold XSN token if the ONLY utility is used for swaps for one asset for another.

You don't require XSN to use their wallet and instead can have any asset, (assuming they create their DEX), so it makes no sense to hold XSN.

Developers who scammed those in PoSW are claiming that those who run Masternodes, will have so-called liquidity hubs. This is SIMPLY not possible unless liquidity is held in XSN. Do your research. Furthermore, they use a governance protocol in which they hold many masternodes to vote to fund themselves from the treasury to fund their operations.

However, this code is not open sourced and has never been audited. There is no record of what is being done. Remember, these same developers were responsible for the PoSW coin. Do your research before you give these scammers money. XSN coin has NO value.

>> No.24656618
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24656618

>>24656552

>> No.24656628

>>24656552
2 years ago was when they helped collab with the Litecoin Foundation on helping them upgrade LTC to LND and it took 30 minutes to do one single LN swap.
It's come a long way since then

>> No.24656719
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24656719

>XSN dev: yes, the network is almost ready
>XSN dev next day: btw. does anyone know how to build it or have any guides on how to build it?
LMAO

>> No.24656750

>>24655951
Thoughts on this OP?

https://coinbase
.com/earn/band/invite/1bm429n0

>> No.24656764
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24656764

>> No.24656794

>>24656719
>those spelling errors
Holy shit the devs really are pajeets aren't they

>> No.24656863

>>24656578
>>24656618
>>24656719
Bullish.
XSN has been sync'd with Connext for weeks w/ 0 crashes or downtime.

>> No.24656901
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24656901

btw. Connext requires docker (does not work on Windows). Where have I heard this before? fukken LOL

>> No.24656949
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24656949

>>24656719
This can't be real lmao
Good luck bagholding this for two-three years until they finally get something released, if they don't run out of funds before that

>> No.24657027

>>24656901
>spam "raiden doesnt work on Windows" for weeks
>X9 announces partnership with Connext which does indeed work on Windows
>throw massive shitfit in every thread for days and imply that it was somehow a bad thing
>rebadge "raiden doesn't work on windows" for connext
You're already 50% of the posts ITT. Your desperate attempts to attack XSN with made up bs will not age well.

>> No.24657239

>>24657027
Except it's not made up. They have no clue as how to make Connext work _as they have promised_ or whether they can integrate it without having to run it on docker. Any speak of connext being integrated on the wallet in the next 12 month is classic XSN misinformation. Do I need to post the 2018 roadmap?

>> No.24657342
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24657342

>>24656901
refuted. They bake it in.

>> No.24657405

>>24657342
https://github.com/connext/vector/releases/tag/v0.0.29
Look up the last update *2 hours ago*. This is why you are losing money.

>> No.24657479

>>24657405
I would say you lose if you not buy lol.

https://twitter.com/connextnetwork/status/1329838032392916993?s=21

>> No.24657577

>>24657479
>just run it on Docker, bro
ERC-20 swaps in 2023 here we come!

>> No.24657701
File: 37 KB, 749x255, mainnet_is_coom-ing.png [View same] [iqdb] [saucenao] [google]
24657701

>>24657577
I think more about eoy ( pic related )

>> No.24657967

>>24657239
>old discord screenshots from some time before the Connext partnership was even announced
>>24657405
>having an active github is bad
X9 could cure cancer and get vouched for by Satoshi Nakamoto himself and you'd still find a reason to throw a fit.
Veruca Salt was right. Can't fight the seether.
Let /biz/ accumulate, man. You had 2 years.

>> No.24658187

>>24657967
"It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person"
Bill Murray

>> No.24658274

>>24658187
So you mean it is hard to convince you, right?

>> No.24658298

>>24658187
>actor quotes
based goyim, truly indian

>> No.24658519
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24658519

>>24658187
He's just fudding to accumulate. Why else would he be in multiple discords associated with XSN, stalk every thread, and spam it with bullshit?
I certainly -hope- he isn't doing it for free just because the mere mention of XSN makes him assmad... Couldn't think of a more colossal waste of time unless he wants to be famous for being the "poorly aged ETH FUD" screenshots of our time.

>> No.24658543

>>24658274
Very good. If you look at threads from the last few weeks particularly, it becomes obvious who are the stupid ones (it might be the ones who spam copypastas, constantly move goalposts and attack the strawman).

>> No.24658621

>>24658298
Thanks for your opinion 9 posts from this ID.

>> No.24658663

I’m so ashamed I have this in my folio.

>> No.24658685
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24658685

>>24655951
HOODRA

>> No.24658745

>>24658663
let me buy what you got idfc

>> No.24659213
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24659213

>>24658663
>being ashamed of having one of the most promising cryptos of this cycle in your portfolio
>this early in the cycle
I'd say ngmi but yagmi t b h

>> No.24659917

>>24655951
Delete

>> No.24660197

>>24658663
>>24658298
Why are you gay?

>> No.24660690
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24660690

>>24658685
Hooo

>> No.24660857
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24660857

lol its dumping like crazy, better get some blocknet.

>> No.24660971

>>24660857
Oh Lawd here they come

>> No.24661124
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24661124

>>24656578
>>24656618
I warned people on biz when they first started pumping their token. Now the dump is complete, they are starting their next pump.

Its fucking sad to see people get fooled into this bullshit

>> No.24661189 [DELETED] 

XSN holders are easily some of the most gullible holders in crypto.

The DEVS are going to run a train on them and leave them holding another bag of shit.

PoSW holders felt the same way the XSN holders do now before there were left holding the bag.

The devs know they can do this and think they can without consequences, so why not do it again?

The writing is on the wall. It doesn't support smart contracts. At best, the Devs will integrate lightning wallets into the Masternodes, but here's the problem, if it's a BTC lightning node, you need to hold BTC as collateral. Likewise with lightning.

XSN is only good for XSN lightning liquidity, as in swapping XSN for another asset.

But here's the catch, XSN has no utility and never will and the devs are lying their asses off.

They have these fools hypnotized with greed, probably laughing behind their backs, because they know you can't build a DAPP worth a shit on XSN.

In the discord, someone is asking them why they hold treasury funds in a smart contract like Tezos or Cardano.

The answer is they can't. And if they say they can, I would use that as evidence for later. The problem is Cardano and Tezos are set up to run smart contracts, but Stakenet is not.

The devs know it and are taking everyone for a ride, but the holders are just too greedy to open their eyes. They're living a dream that is going to evolve into a nightmare.

Can't say they weren't warned. The sad thing is Stakenet is like the guy that pretends to be their best friend, but is banging their wives in the background. Shit, the devs even told them what's what, but they refuse to listen, so it's like they invited the devs into their house to bang their wives, sleep in their beds, and eat out of their refrigerators.

Poor fools.

>> No.24661202

>>24661189
tl;dr

>> No.24661245

>>24661202
Same copy-pasta bullshit they spew in every thread

>> No.24661275

XSN holders are easily some of the most gullible holders in crypto.

The DEVS are going to run a train on them and leave them holding another bag of shit.

PoSW holders felt the same way the XSN holders do now before there were left holding the bag.

The devs know they can do this and think they can without consequences, so why not do it again?

The writing is on the wall. It doesn't support smart contracts. At best, the Devs will integrate lightning wallets into the Masternodes, but here's the problem, if it's a BTC lightning node, you need to hold BTC as collateral. Likewise with Litecoin.

XSN is only good for XSN lightning liquidity, as in swapping XSN for another asset.

But here's the catch, XSN has no utility and never will and the devs are lying their asses off.

They have these fools hypnotized with greed, probably laughing behind their backs, because they know you can't build a DAPP worth a shit on XSN.

In the discord, someone is asking them why they hold treasury funds in a smart contract like Tezos or Cardano.

The answer is they can't. And if they say they can, I would use that as evidence for later. The problem is Cardano and Tezos are set up to run smart contracts, but Stakenet is not.

The devs know it and are taking everyone for a ride, but the holders are just too greedy to open their eyes. They're living a dream that is going to evolve into a nightmare.

Can't say they weren't warned. The sad thing is Stakenet is like the guy that pretends to be their best friend, but is banging their wives in the background. Shit, the devs even told them what's what, but they refuse to listen, so it's like they invited the devs into their house to bang their wives, sleep in their beds, and eat out of their refrigerators.

Poor fools.

>> No.24661325

>>24655951
There's too much competition for exchanges whether it is a DEX or CEX. Put your money in projects where there is no competition like LINK

>> No.24661561

>>24661325
Retard. There is no competition for stakenet. There is no other project even capable of lightning swaps. Stakenet is similar to link in this regard. Link is far ahead of all competition for oracles, xsn is the same but as a dex.

>> No.24661929
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24661929

>>24661561
>No competition for DEX
>Stakenet Devs are so broke they have to rig votes to print more worthless shitcoin from the treasury to dump on plebs

>> No.24662212

>>24656901
>docker doesn't work on windows
Are you retarded, son?

>> No.24662344

>>24661325
XSN and LINK are bros anon
Do you know how many people have been pushing to have LINK be the first coin pair added to Stakenet DEX after ETH?

>> No.24662398

>>24661929
>Copy paste wall of text fud
>Scam scam scam scam
Kys nigger.
>>24662344
This. Link rank 1, Xsn rank 2.

>> No.24662444

>>24661189
>>24661929
>fuds
>deletes own post
>copy and pastes it again
>>24661275
You are actually fucking gay.

>> No.24662573

>>24662344
>>24662444
Checked. Xsn fudders are more gay than xrp fags.

>> No.24662580
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24662580

>>24662444
CHECKED

>> No.24662662

>>24662444
Checked
>>24662573
Absolutely based