/biz/ - Business & Finance

I’m curious about liquidity.
Will they integrate binance also?

>>16001693
Exchanges have been manipulating the hell out of XSN all year to inflate their volumes.
Sistemkoin engaged in price manipulation so much that the Stakenet team had to get CMC to exclude their data. They delisted it in spite.
Now CoinAll is doing $1 million in wash trading with $100 in XSN on a daily basis.
I wonder if getting listed on Binance is even worth it if it would lead to the same thing. It gets very tiresome.

>>16002039
The exahbxge isn’t targeting xsn it’s washing trading all of their shitcoins. It just happens to be listed on it so it reaps the same fate. They could care less all they care about it total exchange volume.

>>16002039
2 masternodes reporting in. This is actually bullish >inba "this is actually bullish" meme
Slow accumulation with this and rsr + LINK.

>>16002133
OKEx is infamous for wash trading as it is. I guess they want to give off the illusion that they're as strong as Binance. It's a wonder how much of the volume on both is.
All that aside, it woudn't surprise me if big exchanges targeted XSN. Remember how Binance fucked over BlockDX and then used the info they ripped off to build Binance DEX? They know what Stakenet is and they're ruthless towards competitors. It's on Binance V Label and OKEx promised to list it months ago.
>>16002150
XSN and LINK have a well-established fren partnership

>>16002312
>XSN and LINK have a well-established fren partnership

What do you mean?

>>16002345
Assuming LINK doesn't have much time left before it goes parabolic again, it would probably be good for anyone who has their funds sitting on an exchange to get them off there. Let's say someone has an $8k stack on an exchange and it turns into $250k. That could raise red flags on KYC/AML exchanges and Coinbase. They could very well freeze accounts, ask for considerably stricter ID, or report the accounts to tax bureaus as they please...
Stakenet's approach of native interoperability with ERC20 combined with no KYC, stablecoin support, and a DEX Aggregator will create a perfect environment for unlimited trading and withdrawals. If you had a LINK wallet on Stakenet, absolutely no one could mute it, freeze it, or hack the exchange and rob you. It's yours and yours alone.

bump

>>16002573
Damn, you’re right.
Any release date for that dex?

>>16003293
>release date
Their more recent private betas are sophisticated. It looks like they're getting close and I say that as someone who's been keeping an eye on XSN since it was announced at the end of 2017.

bump4bagina

Much smarter to grab yourself a bag of NEXT instead

It looks like there are real volume back in exchanges again. Just starting the see the prices pick up

When swaps are demoed, I think their dev team will try to raise funds. That's when this shit is going to explode.

4 MNs reporting in
Should have a 5th soon

>>16001521
Do u think Dex could launch in Q4?

>>16005175
How many Coins to make it anon?

Bump

>>16004342
Hi Teeka
>>16004867
>>16005384
They're close to achieving greatness
It would be nice to close out the decade with a DEX launch by Christmas, but that's all wishful thinking.
Once they turn the DEX on, there's no shutting it down so they're taking their time to iron out any potential bugs or fuck-ups down the road..
It's looking good so far. I've beta tested for a few things in the past. I'm usually good at breaking things. However, the prototype builds of Stakenet's wallet are quite stable. The bugs I have run into were easily fixable and already taken care of.

>>16005409
Ideally 2 MNs

>>16006346
Thats around 1500$ :)
You got me.
Whats the best place to buy now?

>>16006466
Livecoin has no KYC. Coinall is ok if you have an OKEx account
Either way get your funds off the exchange asap

>>16006866
Agreed.. Exchange hacks happens all the time as well

>>16006993
I've used Livecoin before and I never had any problems with it, but you never know.
There's been at least 8 major hacks this year alone. Binance included.
I'd rather take my chances than be the exception to the rule, if you know what I mean.

Cryptopia fucked me so I'm cautious with livecoin. No deposit over .5 btc and always take coins off asap.

I think their demos are going to be the shit. Wish dex come before Christmas. I wonder if BTC maximalists will pump it or fud it.

>>16006993
>>16007487
I almost lost a bunch of crypto on YoBit once back in 2017. I decided to move my funds offline for no particular reason. 2 days later, everyone hoding the coin (XBY? i think) got stuck because YoBit stopped updating the wallets. Lazy fucks.

At least with Yobit you know what youre gettin into. Cryptopia was sad. It was a shitty exchange, but it.. worked. It was always there and I miss it

>>16007487
I'll trade on Stakenets Lightning DEX once it's out there.

>>16007487
>I wonder if BTC maximalists will pump it or fud it.
It's hard to say. Some are cool and just want to keep it simple. Others are like rabid fanboys. Max Keiser blocked me on Twitter for saying that certain alts benefit and strengthen Bitcoin and that maxis turn a blind eye to alts the way goldbugs do to Bitcoin. It was so petty.

It's kinda lame because I liked watching the Keiser Report on occasion. I don't think I can anymore or I'll get uninvited from his birthday party too.

Waiting eagerly for the Lightning DEX

>>16008427
That's great, man.

How much profit are the masternodes gonna make once dApps are implemented?

>>16009388
Pic related does a good job of breaking it down.
The DEX is the first dApp and it's fees will be distributed to the MN holders. If you run a masternode, you'll get
>base MN rewards
>LN-based fees (routing, LN swaps, and private swaps)
For someone running a casa node independently, Lightning fees are so small that it makes adoption slow and haphazard. It's hard for Lightning to find adoption beyond hobbyists because it's not very profitable.
Stakenet's going to use it's masternode network as collateral to bolster LN with a bunch of extra (decentralized) liquidity. That should help to further LN's adoption so it can handle higher volumes and more tx faster.
The MNs can also act as full nodes that host the full BTC or LTC chain. If you were to host a full node, you'd also profit from those tx fees.
Once the DEX is finished, the next goals will be implementing native interoperability with other dApp platforms (ETH/EOS are the first) and launching Viper (XSN's cold storage device that does trustless staking/MN hosting and acts as a LN hub).
Stakenet's dApp platform is code-agnostic. Down the road, they're planning to use the spare power of the collective MN network to form a "supercomputer" of sorts

...I hope that explains it ok. This project goes deep

>>16007917
Keiser is a boomer but he's just being defensive
So many people got scammed on alts it'd take more than 140 characters to explain things like litecoin are a testnet

>>16009760
Sounds like vaporware and I don't understand how it incentivises lightning network use

>>16009791
I generally agree with Keiser. He's pretty sharp, which makes it disappointing when he's so diligently ignorant about altcoins. He routinely badmouths them as if it's a done deal. If you want to be a maxi, be a maxi, but don't launch your own altcoin (Maxcoin) with 0 utility, talk it up on your show, and then shit on the whole market when it fails.
>>16009823
Pic related explains how XSN will benefit BTC and LN pretty well.
The Stakenet devs pulled lightning swaps off for the first time around a year ago.
They have another round of beta testing coming up pretty soon. If you'd like to see what they've been doing for yourself, you're more than welcome to join in.

Thanks /biz/. It's nice to see some green on a day like this.
Anons saw the potential in this project a long time ago while everyone else talks about Libra and why mandatory KYC is good. :D

>>16010629
True that. Even a 4x at the current value is a fucking steal considering the dApps is almost ready to be released to the public.
The lightning DEX will be a game changer

>>16007487
I have 5'000 XSN on LIve coin. Can I stac them?
Where?

>>16010922
You can join the staking pool on XSN Cloud. Pic related.
The cloud service is for smaller balances. You won't technically own the keys, but it's better than having your stack sit on Livecoin where it's not earning you anything at all.
I've had a small stack on there since the service launched in July 2018 and I've had 0 troubles with it.

>>16011161
Ive noticed they have a cold staking option, how does it work?

Hmm, nice so MNs get a chunk of Dex fees also.
By the Way is there a Bootstrap for the Desktopwallet to Sync?

>>16011207
As i read now you can use that TPoS function on the Desktop Wallet for that.
The Coins getting stake while they’re offline.

>>16011161
You won't technically own the keys
what pajeet thing... why I won't own the keys?
Is there way to stack owning the keys?

>>16012226
Desktop Wallet

>>16010629
You’re Welcome :)

>>16001521
Whoever devs that is going to get btfo

https://www.coindesk.com/fincen-director-warns-of-hard-time-for-crypto-firms-that-dont-follow-law

>>16012226
With tpos you own the key. The merchant stake for you but only you can move the funds

>>16013250
Once the DEX and the other dApps is up and running, not even the devs themselves can shut it down - that's because it's all gonna run on masternodes, so doesnt matter at all. The feds can't do nothing about it

>>16002150
LINK x RSR marine too. Where can I get XSN?

>>16001521
> Cross chain staking

What's that? Care to give examples?

>>16014005
yeah, that's the problem, if you read the article it says they're still responsible for it even if they lose control of it. Not a good long term hold

is $nrg a good investment? 40 percent roi on staking and 60% running a node.
project is adding smart contracts and has a large treasury.

>>16014094
No OP but I think it means you stake xsn and can earn your rewards in other coins like BTC or LTC. This is facilitated via the dex and some protocol level integration (I think)

>>16014094
Stake XSN, recieve your staking rewards in any currency you want basically

>>16012226
You don't own your keys when you keep your balance on Livecoin, either. Cloud staking is a centralized service.
>>16013250
>>16014096
That's wrong for a number of reasons. Monero allows one to circumvent all sorts of laws and yet it's still going strong with a much bigger marketcap.
How come they haven't stormed the "Monero offices" yet? Would they shut it down if they could? Absolutely. How will they?
Would they have jailed Satoshi Nakomoto within a week of him launching Bitcoin if he was publicly known? Absolutely.
Regulators and central banks will only become more threatening towards crypto over time and it's because they know these technologies can destroy their stranglehold on the world's wealth.
They have more power over their populations than they do over these coins.

>>16016310
Couldnt have said it better myself. Can't do nothing about privacy. No way to stop it really

Is there a chance to thes the Lightwallet in Beta?

>>16016430
If Bitcoin never existed, we'd probably be seeing a much bigger push towards a cashless society right now.
A lot of the establishment economists and wealthy titans who publicly speak out against Bitcoin and crypto generally adore the idea of a purely digitized financial system.
In one sentence, they'll decry Bitcoin because it can be used for illicit activity. In the next, they'll say that monitoring the financial activity of every individual is a good thing because the Fed will have more accurate data to work off of.
Who are they fooling?
Fortunately, Bitcoin beat them to digital finance. The way it's acted as a wrench in the works is very understated.
Any attempt at a FEDcoin looks like a joke stacked up to Bitcoin's underlying economic principles.
They don't like that, but they have to cope for once. Every time they intervene, they're giving the coins they can't control free publicity.
Every time they crack down, they stir more skepticism against themselves.

Hell, look at China. They can manipulate all these large powers to do their bidding and rule with an iron fist. Even so, they've tried to ban Bitcoin at least 5 times and it never works.

>>16013250
>t. craigshill

>>16004867
>It looks like there are real volume back in exchanges again
how can you tell?

>>16017633
Maybe he knows that i buy :)

There are lots of rumblings here about price speculation

Let's speculate about the tech. When dex? When one click swap?

I know I saw screenshots but when public wallet or at least beta wallet?

Also how safe is lightning? Is it foolproof? I feel like if all these are figured out, xsn is potentially the next binance or eth. If not, it's just a shitcoin with lots of good marketing.

>>16017633
$300k volume on Livecoin is unusual

>>16017852
The devs say they've had swaps stable and working from "heavy" wallets for awhile now. Since then, they've been working to make them work from light wallets so no one has to download the full blockchain of every coin they want to swap between.
It doesn't seem like it will be too long.

Lightning has had a few exploits and vulnerabilities, so I can't say it's foolproof for sure. None of them have affected Stakenet in any way. Lightning Labs seems to be playing cat and mouse trying to patch new bugs as they show up. On the other hand, Bitcoin and Litecoin bet their futures on it. If it does indeed fail, the effect will be like an earthquake throughout the whole crypto space

bump

>>16017852
Apparently there is a big development update in the works

This bump is dedicated to Bitbean