/biz/ - Business & Finance

>>21852746
She cute. I wanna fuck her.

>>21852821
>You bought the dip right?

XSN chan in her car

On the playground

>Anon-I

Holy coom just bought 100k.

>>21852746
what is this and how do i buy please spoonfeed me im a retarded monkey
https://www.youtube.com/watch?v=MIyBFNjc1kY
but actualy though will this XSN shit make me rich? im getting desperate im so deep in the red my entire savings is on the line i need to make the money back im so FUCKING ASHAMED WHY AM I SUCH A FUCKING RETARD AAAAAAA

>>21853187

>Retard manages to lose money in a bull market where everything is pumping
>This retard's next pick is XSN

THANKS BOUGHT 100K

>>21853187
Ill spoon feed you in a sec. Give me 5 minutes. Pic related how to buy.

>>21853187
Yes XSN is a great project.

https://www.x9developers.com/

X9 is the dev team, highly professional they work similar to the chainlink team i.e Get the work done before advertising/hype

Pic related

>>21853286
this looks relaly complicated anon
https://www.youtube.com/watch?v=rxhPI-ACYSk
i am retard monke please spoonfeed mumkey

>>21853361
>Go to livecoin
>Create account
>Send btc (btc pair has most volume)
>Buy XSN
>Store XSN on hardware wallet or XSN DEX

Pic related, we are currently in the dip

>>21853361
Stakenet Newbie Pack

>What is Stakenet?
https://stakenet.io/faq/#what_are_stakenet_and_xsn
https://www.youtube.com/watch?v=sXj3_qKSUBk

>Whitepaper:
https://stakenet.io/Stakenet_Whitepaper.pdf
>Litepaper:
https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2
>FAQ:
https://stakenet.io/faq/
>Roadmap:
https://stakenet.io/roadmap/

The links above consist of the Whitepaper (technical paper), the Litepaper (condensed version of the Whitepaper), the FAQ (database of great questions & answers), and the Roadmap (detailed list of items being worked on and features to come).
Stakenet is a coin, not a token. The difference between these two terms are quite notable.
> A Coin is any cryptocurrency that has a standalone independent blockchain (Bitcoin, Ethereum, XSN, …)
> Tokens are cryptocurrencies that do not have their own blockchain but live on another blockchain. As they live on another blockchain, they benefit from its technology (ERC-20 tokens)

>>21852917
I'd take her dip

>>21853402
There are three options to earn passive income: 1) Staking 2) TPoS (Trustless Proof of Stake) 3) Masternodes
>What is staking?

https://stakenet.io/faq/#what_is_staking_and_minting_or_forging
>What is TPoS?
https://stakenet.io/faq/#what_is_trustless_proof_of_stake_tpos_how_does_it_work
>What is a Masternode?

https://stakenet.io/faq/#what_is_a_masternode
1) How to regular stake - https://www.youtube.com/watch?v=h9XlI2PO5x8&t=2s
2) How to TPoS - https://youtube.com/watch?v=GGeYAGnVtqg&feature=youtu.be
3) How to setup a Masternode via MNaaS (Masternodes as a Service) - https://www.youtube.com/watch?v=x9_YdU8vWrU

Alternatively, if you wish to setup and run a Masternode yourself, click on this link - https://medium.com/@ethminer89/stakenet-xsn-masternode-setup-guide-453a49663e66
MacOS Masternode setup guide - https://medium.com/@hermesesus/install-stakenet-xsn-core-wallet-on-macos-94ccf96a3f0d

>>21853361
Pic related is an older versions of the DEX, their first Dapp

This DEX is off-chain (layer 2), meaning if wont suffer from congestion and high gas fees like uniswap. The dex has no KYC and has currently implemented lightning. Raiden will be fully integrated within a few months, meaning BTC > ETH swaps

>>21853361
>Fee Structure:
https://medium.com/stakenet/stakenet-dex-fee-structure-aa1bcc30e6f8
>Dex Architecture:
https://medium.com/stakenet/xsn-%EF%B8%8Fdex-architecture-3e78a9017ef5

>What makes Stakenet Dex different?
XSN Dex is a True Dex with no centralized point of weakness. It is a Decentralized Application (dApp) hosted on the Masternode Network and provides a means for users to trade crypto assets directly from their own Stakenet Wallet without having to hand over control of their assets to a third party. It utilises Lightning Swap technology to make trades instantly. The assets never leave the users possession with XSN Dex unless the transaction is completed, and as such, users can benefit from the utilities, features, and staking rewards of the coin.
Additionally, users remain anon as they do not have to provide Know Your Customer (KYC) details to anyone, providing complete anonymity and freedom to trade without fear or worry. All transactions are done on a Peer to Peer (P2P) basis without the involvement of a centralised authority, making transactions more secure and less expensive.
Lightning Network + Radian integration (ERC-20 token support) + hosted on a Masternode Network of 2000+ nodes = Stakenet Dex - bringing back the original vision of Satoshi!


How to purchase XSN:

Livecoin - https://www.livecoin.net/m/en
Beaxy - https://beaxy.com/


Pic related, in the medium term the DEX will be migrated fully to the masternode layer and be unstoppable.

>Shut it down.exe
Will not work

>>21853361
Anon stakenet might not have the best memes but we do have meme numbers. Check pic related, we always get good digits.

>>21853361
Also I should mention the DEX will be in OPEN BETA this week. Available in the discord to all.


https://discord..
com/invite/cyF5yCA

Here is a link to discord. The community is very friendly and will help you out with any questions or issues you have.

Remember do DYOR as well, if you want to make it you need to understand the projects you invest in.

>>21853376
> dip
> already down 40% since last week

holy jesus where is the bottom lmaooooo. my god man, why is it crashing so hard??????

>>21853682
Yes, this is the dip.
>>21854012
This is the bottom. You'll never get stakies this cheap ever again.

>>21854059
>You'll never get stakies this cheap ever again.
You said the same thing last week

>>21854139
You honestly think it'll go lower when open beta starts this week?

>>21854059
fuck you and your retarded fucking memes. where is the fucking bottom.

>>21854239
This is the bottom. Don't wait or you'll regret it.

>>21853187
Not sure if this is public yet but someone found a playlist on Stakenets YouTube channel with a 11 hidden vids for guides for DEX and Wallet. Only watched a few of them so far but looks good so far

https://www.youtube.com/playlist?list=PLiPgD5jh1hS3KeNIt6qkxsp2G8vIgKl8v

>>21854328
They made a text guide too.

https://medium.com/@hermesesus/stakenet-dex-quick-start-guide-cc1fea8b71ce

I suspect they will unlist the videos on dex open beta.

>>21854328
These videos are pretty good. I wish he would explain a little more about why you have to choose a certain amount in the initial opening of the channel.

But once the channels are open holy fuck this is going to save so much money in fees.

Oohh, youtube videos! Too bad the actual product is a crippled piece of shit. Market has spoken. Enjoy paying the on-chain fees for channel rentals.

>>21854834
The initial amount would be the max amount you can trade. Eg. You have 10 BTC you put 5 BTC in lightning channel. That 5 btc is trade-able off-chain the other 5 remains on chain.

>>21854899
Absolute cope. Cz you gotta hire better than this.

>>21854940
I’m coping? Have you checked the price recently?

>>21854328
>>21854348

tfw u realize all those xsn posts were shills from the discord. I’m still up by about 10% but damn I can’t believe I fell for a team which has its marketing led by a guy named yankee and a Shepard profile pic

>>21854928
What if you don’t know what it will cost to buy the asset you plan on buying? Say I want to buy 15000 XSN with BTC. Am I supposed to figure out how much BTC i need to make available before I open the channel?
Can I add more to the already open channel?
Is there a downside to just making your whole balance available?

holy fuck the absolute DESPERATION of discord shills

>>21855269
What is it that you aren’t liking so far? I’m thinking this is going to be really nice when they add more coins and the ERC tokens.

>>21855274
You can open more than 1 lightning channel btw.

So you can open like 5 channels with varying amounts of BTC.

>>21855348
But can you add to an existing one? When people want to buy something they aren't going to know off the top of their head what it will cost. Nor are they going to want to go in the dex and figure it all out.

So if I want to buy X and I figure it will cost me about 5Y but then I get into the dex and see it will actually cost 6Y can I just add to my already open channel?

>>21855441
You can for onchain fees as long as your channel is wide enough iirc

>>21855441
You just open an additional channel for the extra amount you want.

The on-chain fee isn't that bad for opening a channel as they use SegWit addresses which have cheaper network fees than legacy addresses. As an FYI, from watching those vids that the anon posted, there is only 1 fee to pay as the opening/closing channel is included in the initial network transaction

>>21855485
So you would pay an additional fee to add to the open channel?

>>21855500
Ah ok. So you can have two channels of same trading pair. Ok, thats not bad.

>>21855502
Yes. Also right now the dex doesn't have the most volume. If you plan on buying 15000 straight up use livecoin, there will be less slippage. The dex volume should increase after beta and especially with raiden.

>>21855269
Sell while you’re still up. I’ve been holding for 3 years. Get out while you still can at this low price!

>>21855597
Thats true.

I've heard that there are going to be increased trading limits and channel capacities for the open beta.. so it could be worth the wait / buying smaller amounts at one time if it means you get to be in control of your funds at all times & not waiting on an exchange to apply your deposit to your account/approve your withdrawal

>>21852746
you know what?
fuck it, you market buy NEC here and i'll market buy some XSN
Wanna do it?

>>21855597
Oh I’m not actually planning on doing that. I am just thinking about future.

>>21853376
how do i store it in the dex

>>21855743
You store all your coins on the light wallet. It’s inside the light wallet that the dex can be accessed.

>>21854328
Just watched all of these. Why is this coin dumping? When they put ERC tokens on this thing it is going to be huge advantage in getting ahead of PnD Token runs.

>>21855743
You don't, it's a dex.

>>21856050
The DEX is built into the wallet so don’t need to move anything anywhere really

>>21855651
I heard lightning networks latest update allow for larger channels so that should help too.
Last time I bought off the DEX i bought in batches of 100 xsn lol, the aggregator was putting up orders.

>>21855743
The DEX is built into the multi currceny light wallet. See in pic related, on the left side says wallet. Then you can click send or receive as well. You can also send/receive from the currency tab too.

>>21855884
It's dumping now but you have to ask yourself whether to the dip or wait and see if price goes up back.

>>21856573
to buy the dip*

>>21852746
I bought xsn two weeks ago. it went down by 25% on the first day and has sat at roughly that level til today, at which point it went down a further 10%. What in the fuck is up with all of these constant xsn threads? It doesn't do shit and won't do shit ever.

Who cares about a few sats besides poorbois. By year it it will be over $50.

>>21856626
You bought the all time top like a typical biz-cucklet

>>21856573
I am more interested in the actual DEX then the XSN coin. The coin dumping makes me think there is something bad about the DEX that I am not seeing. Cause from those videos, once they add ERC tokens this is goig to be the best place to make trades especially if you are a heavy trader.

So is there something that is wrong with their DEX that is causing this dump? Or is the dump just people taking a profit?

>>21856782
imo, profit or chasing a pump somewhere else.

>>21856626
Do you think the dex stakenet is building is a good investment? It's not finished yet but when it is it will be the first non-kyc true dex with lightning/raiden swaps. Also the dex is only their first dapp. They have a very broad vision and the devs to back it up.

>>21856782
There has been no major issue with the dex so far, it's about to enter open beta this week. The price could be price suppression or weak hands selling. Livecoins orderbooks are very thin btw. See pic related. most of the supply is already locked up.

Also i'll tell you how the fees will work. (assuming public release)
100% of the fees gets converted to xsn (this create buy pressure for holders)
10% of that xsn is burnt (reducing supply and making xsn deflationary)
90% of that xsn will go to dex hubs which are made up of masternodes (in stage 3 of the dex this 90% will be split between masternodes)

>>21856558
So this week when the dex releases can i store my coins there?

>>21856930
Yes. Your other options are, ledger/trezor, xsncore, xsncloud (centralized).

>>21856930
Yes

>>21856906
Also gonna add to this, there are around 5-10 million xsn locked in cryptopia. So basically 90% of the supply is already gone.

im all in XSN.

bought 3 MN of this shit at 3500 sats and now I'm tight af. tell me I'll be ok

>>21857435
I'll be ok, open beta, then public distro + raiden.

>>21855314
>spams brainlet pictures and fud in every xsn thread since june
>calls others desperate

>>21856558
I think fees will not be as low as we think if you have to close a channel to receive back your funds form the LN channel. And when those channels aren't unlimited.

Like you will have to be closing/opening channels very often.

>>21858183
yeah fuck this i'm out with a profit. fuck only being able to trade $10 at a time. fuck opening and closing lightning channels all fucking day. fuck paying fees. my fucking god i should have sold at 0.4

>>21852746
>>21852917
>>21852979
>>21853012
>>21853034
>>21853057

Holy shit I have heavy bags of XSN but is the ultimate cringe. This fucking community will kill Stakenet.

>>21858402
who the fuck cares about memes if the product works

>>21858402

>>21854899
>crippled piece of shit
[citation needed]

>>21856906
>and making xsn deflationary)
Xsn is slightly inflationary. That 10% gets sent to the treasury, it doesn’t immediately get burned.

>>21858235
You can do more than $10 at a time. Poor fud.
>>21858402
>A-anon don't you want to use my d*x?
>>21858662
I'm talking about the trading fees, 100% of trading fees gets converted to xsn, 10% of that is burnt.

>>21852821
you can, she's obviously just made in koikatsu

>>21855269
honestly the only bad thing I've seen is that opening/closing LN channels with BTC takes FOREVER. really highlights the shortcomings of BTC as a payments solution.

>>21856782
there are a handful of large holders that have been in since <1k sat.

could be taking profits, or it could be an attempt to buy back in at a lower price point. not clear at this point.

>>21858235
limits are more than you have, bud. not a concern for a beta product that's going to revolutionize trading.

opening LN channels/allocating LN funds is literally one click. no different than kucoins main wallet vs. trading wallet (except it's more clear how much of your funds is going to LN because you can manage it with fewer clicks)

>>21859060
Is it possible to create a marketplace to instantly transfer dormant LN channels set at fixed intervals (i.e. .1, .01, .001, .0001 BTC) upon verification of an on-chain transfer between 2 parties via smart contracts?
>deposit BTC to Stakenet DEX
>option A - open LN channel
>option B - channel "buyout" for small additional fee or ChaaDS - Channels as a Direct Service
That could get it down to 1 confirmation.

>>21859778
good question

honestly the bigger issue is that bitcoin's block time is all over the place lately. saw several blocks take >30 mins to confirm recently, which is really just unacceptable for transfer of funds.

miners are really fucking the use case and investment justification for bitcoin. I wonder how long before it gets subsumed by some of the other analogue blockchains that are better supported, (bcash or bsv), or maybe just replaced by eth or something.

>>21858527
>t. "what year is it?" Alzheimer's Boomer

>>21853376
use a newer one at least

>>21860271
Yeah but my pic shows us shilling before the pump.

>>21858756
welp there goes my day. Did not know this was available and able to edit in blender.