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/biz/ - Business & Finance


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26052480 No.26052480 [Reply] [Original]

>What is Stakenet(XSN)?
https://pastebin.com/jiMdEAN8

>Whats the easiest way to set up a Masternode?
https://www.youtube.com/watch?v=x9_YdU8vWrU

>Official Site
https://stakenet.io/

>Whitepaper
https://stakenet.io/Stakenet_Whitepaper.pdf

>Lightpaper
https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2

>Developer updates
https://medium.com/stakenet

>Latest Development Update
https://medium.com/stakenet/xsn-core-update-jan-2021-1f2b1f585b58

>Hardware Wallet Cold Staking
https://medium.com/stakenet/trezor-tpos-guide-fb9ea90382fd

>Additional reading

>Quick rundown
https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105
>X9's contributions to LTC
https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6
>Exertive Proof of Stake
https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4
>Great write-up of Cross Chain Proof of Stake (i.e. stake XSN, receive BTC)
https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd
>The Cypherpunk Standard of Banking
https://medium.com/altcoin-magazine/the-cypherpunk-standard-of-banking-88f84a834180
>Ethereum Scalability Solutions, Connext and Stakenet | XSN Research
Scalability Solutions
https://medium.com/stakenet/ethereum-scalability-solutions-connext-and-stakenet-xsn-research-4edb29267bb6

>> No.26052510
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26052510

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>> No.26052647
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26052647

>>26052510
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

>> No.26052688
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26052688

>>26052510
>>26052647
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

>> No.26052701
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26052701

>>26052480
Steakies

>> No.26052793
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26052793

>>26052510
Last two digits = dollar value of xsn jan 19

>> No.26052795

big dump on tuesday. newfags and redditors look somewhere else

>> No.26052891
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26052891

>>26052510
>>26052647
>>26052688
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

>> No.26052936
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26052936

>>26052510
>>26052647
>>26052688
>>26052891
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

>> No.26053092

>>26052795
The only redditors are those that give a fuck about short term price action.

Stakenet WILL be at a very minimum, equal to uniswaps current marketcap. That's a 35x from here. Let me show you why:

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.

Uniswap token has barely any utility compared to XSN, and it's DEX is vastly inferior and will be rendered totally obsolete by Stakenet DEX.

Until we inevitably exceed shitiswaps market cap I dont give a fuck about the price, but I will be buying any dips we're lucky enough to have.

>> No.26053302
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26053302

>>26052795
Unlikely. We'll probs smash past $2

>> No.26053352

Stakenet is a Lightning Network-ready open-source platform for decentralized applications with its native cryptocurrency – XSN. It is powered by a Proof of Stake blockchain with trustless cold staking and Masternodes. Its use case is to provide a highly secure cross-chain infrastructure for these decentralized applications, where individuals can easily operate with any blockchain simply by using Stakenet and its native currency XSN.

>Ok... but what does it actually do and solve?

The moonshot here is the DEX (Decentralised Exchange) that they are building. This is a lightning-network DEX with interchain capabilities. That means you could trade BTC directly for ETH; securely, instantly, cheaply and privately.

Right now, most crypto is traded to and from Centralised Exchanges like Binance. To buy and sell on these exchanges, you have to send your crypto wallets on that exchange. That means the exchanges have your private keys, and they have control over your funds. When you use a centralised exchange, you are no longer in control of your assets, and depend on the trustworthiness of middlemen. We have in the past of course seen infamous exit scams by centralised exchanges like Mt. Gox.

The alternative? Decentralised Exchanges. DEX's have no central authority and most importantly, your private keys(your crypto) never leavesYOUR possession and are never in anyone else's possession. So you can trade peer-to-peer without any of the drawbacks of Centralised Exchanges.

>> No.26053378

>>26053352
The problem is that this technology has not been perfected yet, and the DEX's that we have available to us now are not providing cheap, private, quick trading on a decentralised medium because of their technological inadequacies. Take Uniswap for example. This DEX accounts for over 60% of all DEX volume and facilitates trading of ERC-20 tokens, over the Ethereum blockchain. The problem? Because of the huge amount of transaction that are occurring over the Ethereum network, this has lead to congestion(too many transaction for the network to handle at one time) so the fees have increased dramatically. Another big problem? It's only for Ethereum. You cant for example, Buy LINK with BTC. You must use ETH.

The solution? Layer 2 protocols. These are layers built ON TOP of existing blockchains, that are designed to solve the transaction and scaling difficulties that crypto as a whole is facing today(and ultimately stopping mass adoption) The developers at Stakenet have seen the big picture, and have decided to implement the lightning network(a layer 2 protocol) into its DEX from the ground up. This will facilitate the functionalities of a DEX without any of the drawbacks of the CEX's and the DEX's we have today.

Heres someone much more qualified than me, Andreas Antonopoulos, to explain this

https://streamable.com/kzpimj

'Once we have efficient, well designed DEX's on layer 2, there wont even be any DEX's on layer 1'

>> No.26053498

>>26053352
>>26053378
>What progress have they made?

The Stakenet team were the first to envision this grand solution and have been working on it since its conception in June 2019. The DEX has been in public and private BETA for some months now, and after rigorous testing and feedback from the trading public, the developers have made the necessary alterations and the full release will soon be here. The launch date of the Stakenet wallet(this includes the DEX) will be announced this month.

We are scheduled to commence trading on Bitfinex on the 19th of January.

When the DEX launches it will be rolled out with multi chain pairs, the first exchange to ever be capable of doing so. It will have Connext integration so any ERC-20 token will be tradeable on the DEX.

>> No.26053522

>>26053352
>>26053378
>>26053498
>Conclusion

We can clearly see that a layer 2 DEX is the future of crypto currency trading. It will facilitate secure, cheap, instant and private trading across all coins with lightning capabilities, thus solving the scaling and transaction issues that are holding back crypto today. I dont need to tell you the implications of this, and what it means for crypto as a whole. If Stakenet can launch a layer 2 DEX with Connext Integration, It will become the primary DEX in terms of volume.

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.

At $60 million market cap, I cant see any other potential investment right now with this much potential upside.

>> No.26053783
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26053783

>yfw you realised XSN isn't just going to be a part of the bull run, it's going to facilitate it

>> No.26053858

>been very busy with work
>couldn't figure out where to buy
>missed out on an easy 2x

>> No.26053875
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26053875

>> No.26053877

>>26053858
WhiteBit XSN/USDT

>> No.26053903

>>26053877
I'm Amerimutt

>> No.26053921

>>26053875
thanks for the bump

>>26053858
never let work get in the way of your real job.

>> No.26053924

>>26053903
You should still be able to use it, it has no KYC up to 2 btc withdrawal.

If not use a VPN, opera has a built in one.

>> No.26053933
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26053933

SIRS I AM READY WHEN YOU ARE SIRS. PRESS A TO ACTIVATE SIRS.

>> No.26053972

>>26053924
Hm ok, though I worry about getting insta "ban" where I can't withdraw, even vpns get marked as suspicious everywhere

>> No.26053988
File: 917 KB, 1594x1146, STAKENET .jpg [View same] [iqdb] [saucenao] [google]
26053988

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, my masternodes will buy me a fucking nice big boat and I will never wagecuck again.

>> No.26053995 [DELETED] 

>>26053933
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.26054235

Where to buy

>> No.26054280

>>26053988
Checked.

>>26054235
Currently whitebit is your best bet. Or you could wait for the bitfinex listing and likely pay a large premium.

>> No.26054347
File: 2.87 MB, 1600x900, STAKENET DEX VORTEX .webm [View same] [iqdb] [saucenao] [google]
26054347

If Bitcoin begins to soar again, it's going to need a powerful Lightning solution or it will quickly become lethargic and expensive to send money with.
On-chain tx bandwidth needs to be ruthlessly optimized with priority to large sums of money. Sending $1 million? Do it on-chain and screw the fees. Buying a beer? Lightning.

If done right, Lightning channels can handle the heavy load of small, irrelevant txs, freeing up the pipeline for tx that genuinely need the benefits of on-chain.

For Lightning nodes to do this effectively, they need liquidity. That source of liquidity remains a subject of controversy, and rightly so.
It burdens the end-user to provide their own liquidity in a way that's inconvenient and hardly profitable, which beckons centralization on a massive scale.
In other words, you either have something that's decentralized and doesn't work, or something that's extremely centralized and works well. 1000s of water pumps atop 1000s of drying and shallow wells that can't provide liquidity, or a massive water company that's monopolized the water supply. It could turn a desert green, but it could become corrupt and start ripping off the town.

What's the way forward? You can't change how LN was implemented on Bitcoin, but you can work with it independently.

Masternodes are excellent LN routers, namely because they're
>secure
>run 24/7
>evenly spread out all over the world
>provide collateral - "Alice and Bob" only have to worry about securing their wallets and making good backups

If you put an entire masternode network to the task of doing this, you get heavy collateral that provides serious liquidity for small off-chain Bitcoin tx.

tl;dr - LN flows like liquid, and your options to scale liquidity are
>1000 pumps on 1000 shallow wells
>a water company that holds the town hostage
>a deep underground water reserve that's in one pool, possessed by no one, directly accessible from the surface

This is what Stakenet has been building, /biz/. Don't miss out.

>> No.26054468

>>26054347
Goddamn I wish I had more xsn, but I am simply not willing to trade my BTC i have accumulated for it.

>> No.26054540

Tried to use the dex that’s available for download about an hour ago. Got hit with a undefined error when opening a btc channel. What this mean?

Is there another release of the dex coming soon or what’s the deal?

>> No.26054839

>>26054540
I read something about this in the discord. go there yourself and ask in the DEX support channel.

That version you're using is the beta and im pretty sure the preparations they are doing for the full launch is interfering with the current version. They are announcing the launch date of the full release sometime this month.

>> No.26054901
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26054901

>>26054468

That's a shame, see ya at 10ksat.

>> No.26055014

>>26054540

Don't panic fren that's the public beta, there's also closed beta with new features and bug fixes.

>> No.26055475
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26055475

>> No.26055637

>>26052795
There's a 20 btc buy wall at 60 cents

>> No.26055743
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26055743

STOP PUMPING I HAVEN'T FINISHED MY 2ND MN

>> No.26055765

Will we hit 0.7 again today fellas? I'm excited for Tuesday. hopefully the bitfinex whales catch a whiff and poomp eet

>> No.26055778

>>26055765
Probs will hit 80cents tonight

>> No.26055785

>>26055743
Kek you had 3 years

>> No.26055814

>>26055637
on whitebit 5 BTC market sell will crash the price to 12 cents and below
not sure where the wall is

>> No.26055842

XSN is going to moon. wish I heard about this when it was at 10c

>> No.26056156
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26056156

>UNI still going up

Kek we're going to eat that $2 billion shitcoin alive.

>> No.26056225
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26056225

>>26052480

>> No.26056324
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26056324

>>26055814
The faggot discord whale pulled out and decided to put his 20 btc buy wall on Bitfinex

>market sell will crash the price to 12 cents and below
ik, I placed a 70k xsn buy order on 20 cents in case a whale fat fingered.

>>26056156
>can't sell UNI due to gas fees
>80% UNI is owned by the devs itself
>layer 1 "dex"

>> No.26056327
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26056327

>>26055814

>> No.26056351

>>26054540
>>26055014
yeah, the open build is 3 months old now. all the bugfixes and major additions have been in the closed beta
i think it's getting close to launch

>> No.26056361

>>26056324
you mean he is gonna place it there or do you mean i can already put up order on bitfinex?

>> No.26056400

>>26056351
Lmao. Sure.

>> No.26056427

>>26056361
You can't placed orders on Bitfinex yet. He's going to put the order on Bitfinex on trading day.

>> No.26056479

>>26056324
So a whale is planning to buy up 20BTC worth and then dump it?

>> No.26056519

>>26053092
>Uni LPs get all the fees and suffer impermanent loss
why? XSN does not suffer impermanent loss? why not?

>> No.26056535

>>26056479
No, he thinks it's gonna dump on Bitfinex trading day so he's gonna catch the knife. He's a bit late on the XSN game and want to buy more masternodes.

>> No.26056598

>>26052480
Would it be theoretically possible to kill a node, sell the profit and then make another one if there are enough xsn left?

>> No.26056615

>>26056598
>sell your node
>buy it back
What?

You can just sell the rewards you know.

>> No.26056629

>>26056400
i can't see why it wouldn't be
eth privkey and password integration were successful, connext is on mainnet. just needs some liquidity

>> No.26056682
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26056682

>>26056400
cope

>> No.26056848

>>26056615
Literally my plan. Going to live off of my MN rewards and NEET forever.

>> No.26056889

>>26056848
based

>> No.26056948

>>26052480
fuck me i am already addicted to the pumps. where are my daily 20% gains.

>> No.26057244

>>26056889
We'll have to split a plate of tendies sometime fren.

>> No.26057281

why? XSN does not suffer impermanent loss? why not?

>> No.26057305

>>26057281
Wut? Lmao.

>> No.26057434

>>26057281
This is bait right?

>> No.26057789
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26057789

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
XSN $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

You niggers really have no idea what we're in for. This is going to be an unparalleled parabolic ascension.

>> No.26057823

>>26057789
>XSN $1,850,000,000


Apologies, i meant SNX. Although im sure XSN will me there in the coming months.

>> No.26057852
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26057852

>>26057789
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH IM ACTUALLY GOING TO MAKE IT

>> No.26058070

>>26053933
you will never be a real pajeet

>> No.26058175

Boys thats another 15k market buy from me. I don't even care about the minimal losses on slippage. The window is hard closing on this right now, if you're not in by monday I worry for your childrens future

>> No.26058248

Haluu people

Haw mush Stacknet get I can from 3 holy cows milk from village?
Tuday I go maket plase and cell all milk for 85 rupees.
Plees.
Tank yui tank yui
Gud people her

>> No.26058530

I have 3500XSN lads, I can't reasonably put in any more at the moment

Realistically what can I expect EOY, wish I was up there with you masternode lads

>> No.26058639

>>26058248
wish I had some cows to sell

>> No.26058683

>>26058175
Lmao.

>> No.26058760

>>26057789
Reminder that most tokens are held by their developers. There's no buy liquidity at all, which means that developers are the one who's controlling the price. Talk about decentralized!

>> No.26058840

>>26058175
>children's future
Do you not understand where you're posting right now?

>> No.26059030

Boys I messed it up. I dropped all my xsn into the cloud wallet to create masternodes, but the daily withdrawal limit is 2k, did I just lock myself into 35 days of withdrawals in a row just to get that back out......

>> No.26059219

>>26059030
>I dropped all my xsn into the cloud wallet to create masternodes
that's not how you create a masternode

>> No.26059236

>>26059030
Go to discord and contact the team, they can work something out. Make sure you don't get scammed by impersonators.

>> No.26059242

>>26059030
This is just a theory, but I think they're going to raise the withdrawal limit on the cloud at some point in the future if the price goes high enough. Imagine how assblasted people would be if a node is worth 50k and they have to withdraw it over the course of 25 days. Even if they don't raise it, I wouldn't really care much unless in the event of a dump.

>> No.26059402
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26059402

>>26058760
https://thecapital.io/article/stakenet-ama--part-ii-MOwkvySETA7-fjRuvkf
Fucking retard

>> No.26059469

>>26059402
He's just a really good fudder trying to accumulate. He's doing pretty well trying to pretend he's in the know about some "20 BTC buywall giga whale" but only the midwits could possibly fall for this.

>> No.26059488

>>26059469
>really good fud
Nah, it's blatant lies

>> No.26059914

>>26053378
I’m a MN holder, but fres aside, couldn’t one just use wbtc if their goal was to trade the two?

>> No.26059965

>>26059914

Would you use wrapped ETH on the Tron Blockchain?

>> No.26059993

>>26058760
are you referring to XSN or the shitcoins listed here >>26057789 ?

>> No.26060244

>>26057244
the neets will rise.. at 3 PM

>> No.26060249

>>26059242
the node collateral stays in your wallet tho

>> No.26060354

>>26059242
This >>26060249

You always have control of your XSN, it never leaves your wallet. The only collateral is what you have in the cloud wallet to cover the cost for running your nodes.

>> No.26060966
File: 3.93 MB, 3989x2245, 1610603658200.jpg [View same] [iqdb] [saucenao] [google]
26060966

>>26059402
>>26059469
>>26059993
Either b8 or just retarded

>> No.26061040

>>26060966
And I'm referring the three of you. >>26059402
>>26059469
>>26059993

>> No.26061078

I"m starting in crypto buying 70$ of this

>> No.26061100

>>26059236
>>26059236
Thanks guys, appreciate the help

>> No.26061164

>>26059030
Mail support.
You can do KYC and have all coins out in one go.
But know what you are doing next time before making moves.
Being reckless like this is how you eventually end up losing coins.

>> No.26061165

>>26052480
Just bought.. I hope it will at least go to 1$ in the next weeks so I can convert it back to monero

>> No.26061227

Am newfag. First investment was 6k into stakenet, holding 9500. Have 10-12k left to invest. Was planning on diversifying into another alt or two, buying PRQ when it dips- should I YOLO and all into stakies? Can get to a MN easily. Am I gonna make it?

>> No.26061228

>>26061165
>buys small cap high asymmetrical play only to sell for a 66% gain and swing back into a high cap

NGMI

>> No.26061275

>>26061227
DYOR. look at PRQ and and look at XSN and ask yourself 'if someone put a gun to my head and forced me to throw my money into just one, which one would i pick?'. I know which one i'd pick.

>> No.26061292

>>26061165
you ll be missing out
>>26061078
good start

>> No.26061378

>>26053378
God Dame Right

>> No.26061385
File: 38 KB, 251x425, 1604268366343.png [View same] [iqdb] [saucenao] [google]
26061385

>>26056225
>This is outrageously irresponsible.

>> No.26061560
File: 24 KB, 470x261, 1609580446524.jpg [View same] [iqdb] [saucenao] [google]
26061560

>>26061228
How long should I hold it at least ?

>> No.26061662

>>26061227
Why do you keep posting this? Just go all in link or xsn. It's that easy.

>> No.26061721

>>26061227
You’re a fag that’s for sure. Imagine playing with pennies like that and not having the guts to make your own decisions. Ngmi

>> No.26061801

>>26061560
If you knew the value of what you're holding, you could figure that out for yourself. This very thread contains dozens of posts explaining what this is, what it will be and what value it will bring.

I think you should spend more time focusing on HOW to invest, rather than WHAT to invest in. Because once you figure out the how, you can figure out the what for yourself.

>> No.26061900

Guys how the fuck do I buy this? I have $200k to drop on it but there is no way to do so without pumping it +50% on this whitebits exchange and the other exchanges are out of the question. Will liquidity be better on Bitfinex? Was hoping to secure my bag before then

>> No.26061998

>>26054540
Private beta is much improved. Not sure what they are waiting for to publish it

>> No.26062038

>>26061900

Accumulate over time and if you see juicy sell orders that you can eat without moving the price just do it.

>> No.26062042

>>26061662
>>26061721
Just have some anxiety about putting all my eggs in one basket w everything I got, looking for confirmation bias I suppose. All in it is.

I went to enable 2FA on the stakenet cloud using google authenticator- never used it before. The first verification code it sent me timed out then gave me a new code, now every time I enter the code it generates it says wrong key. How do I rectify this and get 2FA?

>> No.26062059

>>26061900
It will proba pump before bitfinex. It will pump if you market buy because no one is selling. You can always risk a limit order.

>> No.26062076

>>26062042
Dont use auto fill, it puts stuff in the wrong boxes. Read carefully.

>> No.26062105

>>26062076
I did not use autofill

>> No.26062137

>>26057789
What would be the price per coin at 6.3 bil mcap?
Please let this come true.

>> No.26062179

>>26062137
around x100

>> No.26062513

>>26062137
roughly $65. a 100x+ from here.

>> No.26062604
File: 261 KB, 888x894, 1558426676928.jpg [View same] [iqdb] [saucenao] [google]
26062604

>>26062513
>my stack would be worth 3.7 mil

>> No.26062623

>>26062604
>my stack will be worth 3.7 mil

ftfy

>> No.26062864

>>26062105
When you set up 2fa on cloud i noticed it put my email in a box that was supposed to have numbers. If you've checked everything and drill having issue then go to the discord and ask devs.

>> No.26062895

>>26062604
>My stack would be worth 12 mil

>> No.26062897

>>26061900
I'd buy in 4-5 smaller steps. If you push the price up a little, someone will sell into your buy so that you'll be back again at the first price, then do the next buy. That's how a whale entered around 55-60c yesterday (you can see it in the graph)

>> No.26062924

Has anyone bought on whitebit in the US? They say no kyc for crypto up to 2 btc per day but any usd withdrawal requires kyc
Im using a VPN to access the site but question if I can get all the way through successfully

>> No.26062975

>>26062924
>but any usd withdrawal requires kyc
why would you need to withdraw US? just withdraw your xsn after you bought

>> No.26062997

best/cheapest VPS for hosting masternodes?

>> No.26063028

>>26062924
just send your xsn to stakenet cloud afterwards you can later sell it in bitfinex.

>> No.26063290

>>26062864
Worked- thanks!

>> No.26063298

>>26061801
what i dont get is why this coin is so low then?
why did it even dip to 10 cent when polkadot and SNX are 10$+

>> No.26063333

>>26062924
Don't withdraw USD, withdraw USDT or XSN. KYC is only needed for fiat or amounts bigger than 2 btc. No burger reported any issues except from thinking they were too late at 40c

>> No.26063380

>>26063298
some guy in Discord wanted to take out 20k usdt and accidently fat fingered 200k which caused the dip. he provided a screen of his sell order in Discord, so that story is legit. He is still around crying about his sell

>> No.26063415

>>26063298
literally no one knows about XSN outside of /biz/. but thats starting to change.

>> No.26063532

>>26063380
i dont get how people not DOUBLE CHECK every single step in a crypto purchase.

>>26063415
then why do they know about polka and SNX ?

>> No.26063565

>>26063415
>>26063532
i am just saying that if this is a 10$ coin, how have i been able to buy at 13 cents ??

>> No.26063581

>>26063298
Litterally no one actually does any fucking research in crypto. Newfags don't do research, twitter nigs don't do research, discord retards do no research. Wtf is wrong with these niggers? Why is it so difficulty to DYOR? I don't understand, how can it be so hard to look information up on the internet? It's the INTERNET. Why are they like this?

>> No.26063605
File: 53 KB, 641x435, 1562092091960.jpg [View same] [iqdb] [saucenao] [google]
26063605

>>26063532
>then why do they know about polka and SNX ?
99% of crypto projects are pre-mined and the team holds 80%+ of the supply which they dump on (you) to pay their fellow scammers for marketing and partnerships.

>> No.26063614

>>26063532
because polka and snx are erc20 and accessable through Uniswap. It's either Uniswap or Binance/Bitfinex/Coonbase/Kraken these days so that plebs will notice you. The later option starts on tuesday as you surely now

>> No.26063669

>>26063565
because you are browsing biz instead of reddit. honestly just fuck off and buy something else

>> No.26063710

>>26063532
There was a time when you could buy SNX for $0.05. that time is now for XSN.

XSN has had 0 marketing and never been available to buy from good exchanges. The devs have only just started dedicating resources towards marketing and getting a top 10 CEX listing. Why? because full release is nearly here.

>> No.26063959

>>26063298
really strong fud and team lacked communication for a while (now they're going all out it seems).

>> No.26063998

Worth buying if I’m not going to have enough for a MN? Don’t know how much I’m going to put in but probably less than $1k

>> No.26064000

That buy holy fug I'm coooooooooming

>> No.26064034

>>26063998
yes it is just dont expect to make much from staking.. still you will profit hugely after 19th

>> No.26064048

My poor self hopes 200 coins at least gets me somewhere.

>> No.26064057
File: 568 KB, 2048x1304, comfy.jpg [View same] [iqdb] [saucenao] [google]
26064057

>>26064000
Checked.

>> No.26064075

>>26063605
Its not even the same person retard

>> No.26064076

>>26064048
i have even less bro dont worry we aint making it with this coin but we will have enough funds to make it next moon mission

>> No.26064077

>>26064034
If xsn prices goes up then small stakers get more $ value.

>> No.26064090

>>26064075
no shit dumb fuck

>> No.26064094

>>26063028
That's not the beta wallet?

>>26062975
Because things like that make me wary they will suddenly pull a "just kidding need kyc to withdraw anything ;^]]]" at the final step

>> No.26064102

>>26064000
Checked.

>> No.26064129

>>26064094
no but you can withdraw to beta wallet too if you so desire
>>26064077
yes you re right

>> No.26064144

>>26053903
Amerimutt here. bought some with a vpn and some without, all on Whitebit. no issues. was able to transfer out immediately to my Ledger wallet

>> No.26064199

I'm getting the run around on a beaxy withdraw of 3300 xsn so use white it for sure. Fuckers sent me and email saying they are checking every transaction and that was 26 hours ago.

>> No.26064205

What do you guys expect will happen after it hits Bitfinex? Predictions on what it will jump to/correct to afterwards? Is it worth trying to take some profits and buy back in when it dips?

>> No.26064204
File: 92 KB, 996x503, hmmmmm.jpg [View same] [iqdb] [saucenao] [google]
26064204

>>26064144
Checked.

>> No.26064211

Where to hold this?

>> No.26064241

>>26064199
>>26064211
Checked.

>XSN CLOUD
>XSN CORE
>XSN DEX Mutti currency light wallet (open beta)
>XSN LEDGER APP
>XSN TREZOR APP

>> No.26064251

>>26064211
stakenet cloud
>>26064205
noone really knows for sure but i as many others expect a pump

>> No.26064378

>>26063959
>>26063710
maybe i have imposter syndrome idk if its called that, i just dont know how i would be handed a free 100k plus passive income

>>26063669
why would i buy something else after making 20k profit from xsn
hell i even though about buying more tat 30 and 40 cent and ended up buying some more at 56 cent so i will have something to flip on bitfinex.

>>26064205
yeah it will dump. but what kind of shape will that dump take is what nobody knows. maybe it will "DUMP" to 2$ as the absolute bottom like link did when it went to 5$

are people gonna send their tokens to bitfinex for the pump or trade on whitebit ?

>> No.26064395
File: 470 KB, 1170x1596, 354654634563546345634565.jpg [View same] [iqdb] [saucenao] [google]
26064395

>>26064205
It's very likely to have a huge pump because of the USD pair. During the last 2 BTC dumps we've already seen that coins which are solely pegged to USD(T) don't dump

pic related, that was yesterday

>> No.26064537

>>26064205
Every exchange listing XSN has had has resulted in a x2 price increase shortly after listing

>CoinAll went from 1500 Sat to 4500 sat
>Beaxy went from 1800 sat to 4000+ sat

Bitfinex is a top 3 exchange though so has potential to go way higher

>> No.26064597

>>26064395
surprisingly comfy

>> No.26064609

>>26064537
>small cap gets exposed on large cex
>hmmmmmmmmmm

>> No.26064618

>>26064378
>are people gonna send their tokens to bitfinex for the pump or trade on whitebit ?

Also curious about this

>> No.26065322

>>26052480
What platform can I use to buy this in South Africa

>> No.26065379

>>26065322
Whitebit.

>> No.26065637

this thing really will never be below .50 again huh?

my next MN getting further away

>> No.26065712

>>26053092
this. extremely undervalued with a low marketcap right now. hardly any coins on the market

>> No.26065810

66 cents

>> No.26065840

>>26064618
be very careful. This is not a widely known project listing on a major ex, like UNI. People manipulated UNI listing like never before. XSN will not have a similar scam wick. People selling the initial pump will be disappointed to find out it's not wicking back down.

>> No.26065842

>>26065637
lol it wont be under 60

>> No.26065985

>>26064076
This, I have only 100 coins but that's the start

>> No.26066022

>>26065322
WhiteBit works like a charme

>whitebit.com/trade/XSN_USDT

You'll only need an email address, nothing more

>> No.26066226

>>26065842
If. Whale fat fingers maybe. But I’mthis market in betting that 70c wall is done shortly and we move north of 80c slowly

>> No.26066337

the bridge is UP, i repeat, the BRIDGE IS UP!

>> No.26066368
File: 3 KB, 125x98, 1610713917229s.jpg [View same] [iqdb] [saucenao] [google]
26066368

>> No.26066401

WHAT WAS THAT THE WHOLE 70C WALL WAS JUST BOUGHT UP

>> No.26066444

Good morning, 1 mn chad here. How are my fellow stakeneets doing? Plans for the day? I’m going to play tennis later.

Sincerely,
Richie

>> No.26066485

>>26066444
CHECKED

>> No.26066533

>>26066444
Fucking checked. I am a poorfag currently at 511 XSN. I can DCA monthly at 100-200$. Will i make it at least somewhat? bought at .51

>> No.26066561
File: 274 KB, 720x1280, Snapchat-16863753.jpg [View same] [iqdb] [saucenao] [google]
26066561

>>26066444
Ill go do my calisthenics workout in couple of mins and then spend rest of the evening in these comfy xsn threads

>> No.26066643

>>26065379
Well that seems to have failed.
I tried depositing some ETH to whitebit so that I could use it to get some xsn. I lost 0.3 ETH during my test run

>> No.26066672

>>26066643
0.03 Eth

>> No.26066677

>>26066643
you should just get out of crypto now

>> No.26066722

>>26066561
Very nice estate.

Thanks,
Richie

>> No.26066751

>>26066722
kek its public park and that building in distance is primary school

>> No.26066765

>>26066444
Checked

Goodnight fellow stakeholders. Another day in the green tomorrow no doubt

>> No.26066898

>>26066672
how do you lose money? you sure it's not there?

you have to use Tether to buy XSN, so if your ETH is there, on your wallet screen click the transfer button. transfer from main wallet to trading wallet. go to the exchange tab. sell ETH for USDT. then use USDT to buy XSN. then on your wallet screen, click transfer on XSN, transfer from trading wallet back to your main wallet. then withdraw to your wallet of choosing.

note that this token can't be stored in an ERC20 wallet. you either need to download the XSN core wallet and store it there, store it in the XSN cloud, or if you have a Ledger or Trezor wallet store it on one of those

>> No.26066967

>>26066444
Checked, going to sleep. Wake up up at 88cents.

>> No.26067029

>>26066444

Hey Rich....Terry here. I plan on spending the morning cruising the islands in my mini-yacht. might have a few too many mimosas. feeling uppity today.

Racketball later? ciao.

>> No.26067241

>>26066643
How?

>>26066898
How do those wallets support like every coin? Is there a way to use them without the hardware

>> No.26067286

>>26066898
Well I've just checked again and it's not there, I don't know if they're still processing the transaction but at least it was only 0.03 ETH. If I don't see the eth by tomorrow I guess I'll just give up on buying xsn

>> No.26067460
File: 194 KB, 1440x1229, 1610811584271.jpg [View same] [iqdb] [saucenao] [google]
26067460

Don't fomo into a pnd

>> No.26067511

>>26067460
don't buy Link when it was 50 cents

>> No.26067520

>>26067460
except even if it dumps this will pump to ATH at some point anyway.
might as well call link a pump and dump.

>> No.26067573

>>26067460
Thanks just sold 400k

>> No.26067588

Anybody here in the closed beta? How's it looking?

>> No.26067591

>>26067460
just sold thanks

>> No.26067595

>>26067241
I transfered the eth to the wallet address on whitebit and it didn't show up on whitebit but it did leave the wallet I was transferring from

>> No.26067674

>>26067595
It got enough confirmations?

>> No.26067740

>>26067595
check the etherscan transaction

>> No.26067942

>>26067740
https://etherscan.io/tx/0x5e5d29e605c4bc235624279f2a0037656425d29695e7acf586465708c631ab8a

>> No.26067990

>>26067674
Whitebit hasn't even acknowledged the transaction, but it was a success according to etherscan

>> No.26068237

link will be next to be added in the closed beta

>imagine biz seeing an instant, feeless btc - link dex swap in a video

fomo.

>> No.26068664

what just happened?

>> No.26068717

COMEON SWINGIES SELL MORE INTO MY BUY ORDERS

>> No.26068774

>>26068664
free money if you're fast enough to grab it

>> No.26068825

>>26068774
i dont have anything on whitebit, i am wondering if i should start transferring my small swing XSN stack to whitebit or wait for bitfinex, il let my nodes just brrrr in the mean time

>> No.26068846

>>26068774
damn transfer time fucked me.

>> No.26069059

>>26066444
sadly not rich enough for a MN but sitting comfy with a 3.5k bag, just had a lovely walk with the gf, she's going to do some yoga and I've got a lamb Ragu in the slow cooker

I got a notification that it had broken 0.7 but presume that's a whale buying in?

>> No.26069078

>>26066444
good for you BOY

>> No.26069200

Boom boom walls getting crushed

>> No.26069297

Do i hold or what?

>> No.26069398
File: 100 KB, 540x568, stakies.jpg [View same] [iqdb] [saucenao] [google]
26069398

>>26069059
.7 cents was literally a 1 masternode buy

>> No.26069445

>>26069297
well i am not selling my nodes until hydra. or 13$
i do have some swingies i am not staking but il wait for 1$ at least before i start selling those to cover my masternode buy in costs

>> No.26069517

>>26069297
If you're a noob don't swing, you'll get fucked eventually. Just hodl

>> No.26069571

>>26069398
I only have £2000 to play with at the moment, this is my only altcoin

>> No.26069585

is this the next payfair?

>> No.26069766

takes 0.0002 to transfer xsn, whitebit charges 5 .... bleh. Wish this was on a non trash exchange.

>> No.26069828

these threads are getting chummy we need good FUD

>> No.26069893

these threads are getting too chummy we need good FUD

>> No.26069960

>>26069398
yeah that was me, bought 3MN's, you can see it in the chart. Can't believe people aren't diving in this project, below 1$ is a steal it's almost criminal.

>> No.26069962

>>26069828
>>26069893
The fudders necced it

>> No.26070065

>>26069960
3 MN..

Here I am with my two hundred coins...

>> No.26070097

>>26069960
how can i properly look at the chart? all i use right now to check your buy is the 1 min char plus the volume indicator.

>> No.26070220

JUST GO TO $10 ALREADY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.26070266

>>26070097
press the "15m" button on top of the chart lol. That will at least give u the 15min chart. don't follow 1min charts, only retards do

>> No.26070292

>>26070266
well i use the 1 min chart plus volume to look up the buy orders from anons here.

>> No.26070693

easiest place to buy xsn

>> No.26070721

>>26070220
after it breaches $1 it should be ez days

>> No.26070723

>>26070693
Whitebit, even for burgers apparently

>> No.26070777

>>26070723
any non-kyc?

>> No.26070779

>>26070721
If /biz/ is right I’m gonna have a nice base for crypto trading

>> No.26070820

>>26070777
I have no clue mate, I’m sorry.
Checked tho.

>> No.26070830

>>26070777
you don't have to auth for below 2 btc amounts. Though they do charge a insane 5 xsn withdraw fee even though it costs like 0.0002 for it to...

>> No.26070835

>>26070721
First $1 is the hardest, after that then next few will be easy

>> No.26070849

>>26070777
Still whitebit.

>> No.26070863

>>26069766
yea that 5 xsn fee is jewish af

>> No.26070918

>>26070777
whiteBIT has no KYC
XSN closed beta DEX has no KYC

>> No.26070921

Btw, I sent some xsn to it from my wallet and it has been pending for like 30 mins... I guess alot of volume is really moving atm.

>> No.26070958

>>26070820
>>26070830
>>26070849
that really fucking sucks

>>26070918
closed beta dex?

>> No.26071122

>>26070958
"closed beta dex"

At least read a little about the thing your investing into before spending a bunch of money on it lol...

>> No.26071152

getting so close to $1 that we're going to cross it just "because it has to happen".

>> No.26071185
File: 258 KB, 489x370, whitebittreefiddy.png [View same] [iqdb] [saucenao] [google]
26071185

>>26070830
>>26070863

>> No.26071196

>>26070958
yeah idk if they are letting people in any more or not but to get in you have to talk to people in the discord

discord gg / cyF5yCA

>> No.26071529

>>26071196
im an idiot, there is an open beta

https://medium.com/stakenet/stakenet-dex-open-beta-dd5c78175608

>> No.26071744

>>26071529
Yeah the stuff in there is a bit old now, I hope they update it with the internal beta stuff.