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

/biz/ - Business & Finance

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26470964 No.26470964 [Reply] [Original]

where are all the stakenet threads. there was 6 of them on the board at any given time a week ago. why price dumping so hard. did i get scamazed?

>> No.26470976

when raiden?

>> No.26471248

>>26470976
dunno fren

>> No.26471720

>>26470964
yup, they get btfo'd in their own threads, biz pressured them about MN rewards, turns out they only get 10% of the 0.2% trading fee rewards, meaning mcdonald's chart is all bs

>> No.26471870

>>26471720
but it'll go up again, right?

>> No.26471958

>>26471720
Incoming bagholder cope from this post.
Imagine finding out your expected ROI just got slashed by 90% and still holding.

>> No.26472077

>>26471870
No, it's all over

>> No.26472079

>>26471870
Maybe with time, but as of yesterday it became clear to the whole community that their masternodes are only worth around 1/10th of what they had thought.
Prepare for very low prices in the coming weeks.

>> No.26472181

>>26472077
checked. but xsn threads had lots of checks and digits. why number go down so much :(

>> No.26472287
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26472287

>>26472079
right but i spent a lot of money on a masternode. not it's almost half gone. never seen anything go down so fast before

>> No.26472870

>>26472287
Well whatever you do don't sell at a loss. You'd be kicking yourself in the coming months.

>> No.26473065
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26473065

>>26472870
months?? fucking hell.

>> No.26473919

>>26470964
It's over.

>> No.26474205

>we specifically chose the listing date to coincide with a lot of other events and announcements
>no announcements and nothing else happens
basically sums up the whole project.

>> No.26474344

Not to mention that there's that ever hanging "we were just contractors, don't blame us!" cloud hanging over Stakenet. "X9 Developers" could quit it tomorrow, and they could claim that "they were just contracted" on the project. They keep hinting at this every now and then when someone asks why they are doing something shady.

>> No.26474473

Just imagine what's going to happen if BTC takes even a slight turn for the worse. This coin is so correlated to any bad events, it's like its dumping on leverage. Could easily see ATL after the recent fuckups by the devs.

>> No.26474643

>>26474344
stakenet is x9 though

>> No.26474755

>>26474643
No. They are just contracted by the masternode consensus to work on Stakenet. They have laid this out multiple times. If they sold all of their treasury funds and stopped developing tomorrow, that would be fine, or at least this is what they're saying. This is the exact reasoning they will use if someone claims they rugger PoSW; "we were just contractors working on it".

>> No.26474830

>>26474755
And this is BY FAR the biggest red flag on this project. You could wake up tomorrow and they could be gone, developing some other chain.

>> No.26474927

On top of this, they are developing in privat repos. Everything is closed source. Basically masternodes are paying contractors who in turn are developing the project privately, it's so fucked.