[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 67 KB, 200x200, tenor.gif [View same] [iqdb] [saucenao] [google]
21066573 No.21066573 [Reply] [Original]

Why do Master(((Nose))) fags think they’ll make so much? Let’s do some basic math.
There’s just under 110,000,000 TOTAL supply of XSN right now. Not circulating, al of it in existence. Total. I’ll even give you an extra 33ish percent and call it 150,000,000 to make math easy, and it will still show how retarded you are.
One masternode is 15,000 XSN. 150,000,000/15,000 = 10,000. There can only be 10k master nodes if ALL TOKENS ARE USED FOR IT, I.e. there is no currency to process. So if you can acquire ten master nodes right now, you own 1/1000 of the supply. That barrier to entry isn’t that high (about $20-$25k as of this morning and it was much cheaper just a month ago). that means there are multiple mini-whales who already have ten MN worth, and early big whales easily own over 1-2% of the supply. People are going to stake MNs left and right. Who is actually going to bother using the free floating currency when so much of it gets locked up so quickly in staking?

>> No.21066717
File: 95 KB, 420x240, tenor (1).gif [View same] [iqdb] [saucenao] [google]
21066717

Problem is that the supply isn't hard capped.. they can create more XSN.

I don't hold any XSN, had 9k whilst accumulating about a month ago, but sold it after I read into the project too much. Not here to fud, but I didn't like what I saw. Too many red flags

>> No.21066903
File: 2.11 MB, 1400x787, xsnfuture.png [View same] [iqdb] [saucenao] [google]
21066903

thanks for your good work anon, your fud campaign is going to make the fomo all the stronger when this really breaks out

>> No.21066941

>>21066573
>limited supply of token
>who will use it?

that's why it'll be so valuable

>> No.21066971

>>21066573
>>21066717

isn't that the same shitty copypaste you do every thread?

>> No.21066999

>>21066903
XSN just might double in price in one day this month. It already happened.

>> No.21067008

>>21066903
Dude im fuckign serious stop buying this scam coin you are going to get dumped on HARD BIG TIME BIG HOSS FAT DUMP TIME
>>21066941
this is why linkies are so dumb, they dont understand basic enomics they just buy high sell low, swing they noose and hodl

>> No.21067136

>>21066717
Ethereum isn't hard capped LMAO, does it mean it's a scam?

XSN controls inflation max 10% per year by burning and lowering block rewards overtime relative to the supply. Read the white paper.

You had 2 years anon.

>> No.21067182
File: 94 KB, 1080x666, IMG_20200806_110229.jpg [View same] [iqdb] [saucenao] [google]
21067182

>>21066573

>Discord fud campaign?

YOU HAD 2 YEARS

>> No.21067197

>tfw seeing my FUD copypasta get used by somebody else
Based

>> No.21067291
File: 2.38 MB, 4448x5904, scamnet.png [View same] [iqdb] [saucenao] [google]
21067291

Also based on current inflation not even taking into account burning XSN from DEX trading fees it would take 5 years to get to 150M XSN in circulation. There is no sustainable value in scamnet.

>> No.21067315

>>21067291
Is this fud or shill? Lol so fucking stupid.

>> No.21067326
File: 1.82 MB, 1117x1170, XSN jeets.png [View same] [iqdb] [saucenao] [google]
21067326

>He is naive enough to think he can earn 'free money' on an exchange no one is going to use to trade on

>No incentives exists to attract people to Stakenet

>> No.21067498

>>21067326
>He is retarded to assume that I haven't already made gains

>White paper? Didn't read lol not buying

>He didn't buy at 0.06
>He didn't buy at 0.12
>He didn't buy at 0.18
>He didn't buy at 0.26
>He didn't buy the dip
>To this day his time is spent making memes in his mom's basement

>> No.21067530
File: 118 KB, 499x499, B9A6755F-2C99-447C-A281-D840884CEC6E.jpg [View same] [iqdb] [saucenao] [google]
21067530

>>21066717
>Not here to fud

Proceeds to use images calling the project a scam and fraud

Kek the absolute state of staklets!

>> No.21067536 [DELETED] 
File: 36 KB, 647x778, 1594670315620.png [View same] [iqdb] [saucenao] [google]
21067536

>>21067498
>He bought scamnet during
PIECE OF SHIT
PIECE OF SHIT

>> No.21067576
File: 205 KB, 220x200, tenor.gif [View same] [iqdb] [saucenao] [google]
21067576

>>21067536
>Mfw fud
>Lol gonna be alot of necking in a couple months

>> No.21067619
File: 36 KB, 647x778, 1594670315620.png [View same] [iqdb] [saucenao] [google]
21067619

>>21067530
>He bought scamnet during the
PIECE OF SHIT
PIECE OF SHIT
PIECE OF SHIT
phase
>he got exit scammed
>he got dumped on
>he is 3rd worlder
>he lives in his mothers basement
>he owns cryptocurrency
lol, the absoloute state of scamlets

>> No.21067676

>>21067008
Read and weep bitch
https://stakenet.io/faq/#what_is_the_maximum_supply_of_xsn_is_it_an_inflationary_currency

https://stakenet.io/faq/#does_inflation_mean_xsn_cant_increase_in_price

>> No.21067824
File: 104 KB, 606x498, F8E4DCD8-2C19-4CA1-8C05-B110343FDBEC.jpg [View same] [iqdb] [saucenao] [google]
21067824

Maths is fun

>inflation is currently less than 10% and decreases slightly as a % everyday

>DEX only has to do around $35M volume at current price to be burning more XSN than is produced daily making it deflationary

>> No.21067843

>>21067619
Lol I saw you had to spend some extra time to repost that after wiping your tears.


Sorry to rustle your jimmies

>> No.21067853

>>21067824
>implying the DEX will reach $35M in volume, even when being generous

>> No.21067942

The DEX simply is liquidity which seeps out from binance, a true DEX is impossiblE XSN is simply a binance middleman, they obviously are tracking the account doing this and will swiftly ban them, i am an active staker of BNB token and happily making money, you idiot brown jeets will go down with the sinking ship that is PIECE OF SHIT

>> No.21068017
File: 248 KB, 828x678, 945BD008-8CC3-4D9F-B89D-A39ED985DE8E.jpg [View same] [iqdb] [saucenao] [google]
21068017

>>21067853
>implying no KYC, no geoblocking, cold storage trading won’t warrant anyone and everyone using it

>> No.21068068

>>21067942
Do you realize how stupid you sound.
God probably baiting me to bump thread.. I’m out fag