/biz/ - Business & Finance

>>23162227
Lol, scamnet lies, delays and stealing lol

>>23162227
>>23162289
thank you for bringing this to my attention. I will not be investing this layer 2 DEX that brings instant, cheap and private interchain trading to crypto.

>>23162227
s-stay poor sirs

>>23162332
>thank you for bringing this to my attention. I will not be investing in this project that pretends it can bring layer 2 DEX that brings instant, cheap and private interchain trading to crypto.

I saw you made a mistake in your post anon, I fixed it for you

>>23162227
>fudding a security update

Fudders so mad.

Stakeshitters are so delusional. Invest in a real project like binanace or blocknet.

>>23163689
HOly mohter of cope.

>>23162227
Stakenet has always been a scam, it's literally a hobby dev coin. Not something to hold in a bull run.

Safex mining is the way to go to 2021.

>>23164733
>safex
Binance trash coin. It just another 'dex'

But they just added tpos which we already had forever ago except you can now have it on your ledger and trezor... Which we also could do forever ago.. Err, well like just trezor for now but it's pretty much done on ledger just all that's left is coding it to work on ledger. The team is real busy and getting so much done , glad I bought 21mns. I mean dex is cool and but being able to send it to my ledger or do tpos? I enjoyed those features so much months ago I'm glad they re-released it so I can still do it. Kudos, X9devs. They might be a little slow at times but when they deliver boy do they ever deliver

>>23165232
The thing about ledger/trezor. Ledger/trezor did not want to update the code on their end to support it so the stakenet devs had to work around that. Also it took them 2 years to tell the devs that..........

I think that the MCLW will have an option in the future to connect your hardware wallet then you can manage your masternodes through that.

>>23165275
I'm familiar with that part of the story. I'm growing weary of holding this shit so long so I fud it in frustration.
It would be cool to manage mn's through my ledger but I've been thinking about learning to set up my own anyway and will that still work with a ledger? Fuck if I know but mnaas is an even bigger scam that buying xsn was in the first place. Fucking $95/mo seems kind of a steep price to be paying here, and of course the lower xsn goes the more it stings because it is paid in xsn, eroding any possible profits on something that will take 10+ years to pay for itself already. I think they get their price from cmc so that's nice in that livecoin is not included in the price they display. But the other two exchanges have no volume so the chances of them taking payments for mnaas when the price is pumped up fuck huge from a $10 purchase on beaxy is pretty low. Surely I can find a vps for less.

>>23165382
>Fucking $95/mo
I know this is fud. 15c per day per node.

Honestly can't be fucked reading your wall of text. Simple way is nearly here. Lnd got an update due to security issues. And eth/raiden is going well.

Pic related is a btc-weth swap from 2 months ago....

>>23165411
15c per day is $95/mo, retard. Months are comprised of days. Where you get confused is they charge you per mn. It's not all the mn's you can host for a single flat rate. I see now you are just another clueless pajeet. That oldass video we've all seen. Unfortunately it has nothing to do with mnaas being too damn expensive.

>>23165453
15c * 30 days is $4.5 you nub. I guess you mean for all your nodes. Although 1 node is already profitable at xsns current low price so you should be in the green easily.

>>23165484
4.5*21=94.5
If I can find cheaper elsewhere it will be better. Especially if the price goes up for xsn. Say it's like 0.75-1xsn per day and xsn goes to $1. That's like paying $630/mo. Sure I could just buy $100 worth of xsn/mo +coinbase fees + transfer fees to livecoin +livecoin trading fees to make it up, but I want to get cheaper and if I'm doing extra shit I might as well make things easier instead of doing that every month.

>>23165574
The price will stay the same for hosting fees. XSN could be $10 but fees would still be 15c per day per node.

Also most vps charge in batches. Eg. You can rent a server for $5/$10 a month. Im not sure how to host nodes myself so I just use the cloud mnaas.

>>23165453
>15c per day is $95/mo, retard.
LOOLOLOLOLOLOLOLOLOLOLOLOLOL

>>23165610
He meant all of his nodes which is correct. 21 nodes = 94.5$ per month in hosting, however the 21 nodes already make much more than that at current low prices.

>>23165453
>15c per day is $95/mo retard

>>23165607
It's an opportunity loss. But looking at it like a percentage of returns its $0.15/($1.1884 of xsn/mn/day) you see they are eating 12.6% of my rewards. As it goes down that number gets bigger. If it goes up the percentage shrinks but my potential losses are amplified. Whether I bought in for number go up buy dollars or I think xsn is the next world reserve currency I'm going to want more XSN regardless of how I want my gains denominated. Wish I were smart enough to know the easy way to do it. Got five days off after Sunday so that's the plan for the week. I'll pretend to be a girl on discord and say I'm a first year cs student. Someone will spoonfeed and hold my hand through it once I find the cheapest VPS.
>What's a CLI again? Teehee I remember seeing that in one of my textbooks
Shouldn't be too hard, they seem nice and helpful enough.

I actually hope that the discord guys are here FUDing XSN and LARPing as Blocknet guys...
That would be fucking hilarious.

Stakeholders Network is based

everything ETH and BTC related including XSN is slow and retarded.

Buy AVAX. In 5 years no one is going to use anything else than AVAX.

>>23166981
>In 5 years no one is going to use anything else than AVAX.
top kek

the 4.0.4 update stole everyone's BTC. they're literally stealing our money.

>>23167167
Vortex go sucksuck

>>23166981
>avax
rope

*ahem

blocknet is a shitcoin.

XSN $100 2021.

Lmao, I knew it. They have major isssues even with short term commitments.

Classic stakenet lol. They’ve been doing this shit since 2017 bro

>>23167723
Blocknet is superior to your shitcoin in every way. Why are you guys even trying anymore?

>>23167723
Wow it really does work
>>23167814
>>23167889
>>23167905
Kys faggots.

>>23167814
Got interested in this project months ago and really like it so have been following but this FUD is absolutely right.

Like they have literally done NOTHING tangible in months. They keep teasing Raiden like it's right around the corner, I doubt that will even come until 2021.

Meanwhile RUNE already has a working DEX up and continually adding more chains.

You guys are going to miss the entire bullrun holding this shit lol.

>>23168111
>fudding
>nothing tangible
Coding takes time and effort.
>Rune
Yeah nah fuck off cunt.

>>23168111
Not to mention RUNE already integration for BTC, ETH, BNB, FTM and a growing list of others.

XSN holders are so fucking delusional it's comical.

>>23168146
Rune is layer 1 trash. Fuck off and shill your shitcoin elsewhere.

>>23168151

Layer 2 is literally not required at all. There are already numerous projects working on roll-ups and a massive dev team working on Eth 2.0. Other chains have already solved the TPS issue. They've spent 2 years getting BTC on the exchange but they don't realize that one trades with BTC; it's a store of value.

ORN will be first to market a CEX aggregator and RUNE will be the first to market with a cross-chain DEX. Eth scaling solutions will rollout far before XSN release.

This project was great if they just focused on a ETH L2 in 2018 to be first to market. Now they are in last place and will be left behind because they focused on the wrong thing.

And for the record I don't hold any RUNE so idgaf. This is just facts.

>>23168233
>rune

There are dozens of shitty on-chain dexs already, that nobody uses. E.g. atomic dex or blocknet. Non of them allow you to instantly exchange like on a cex.

>>23168233
>Layer 2 is literally not required at all.
Yes it is, if you want cheap transactions and less on-chain congestion. Layer 1 dex have had this problem time and time again.
>eth 2.0
Still far away and will require layer 2. If not it's only a matter of time before it becomes congested again.
>its store value
People don't trade btc because it's slow and expensive not to mention that wrapped assets are not reliable.
>ORN will be first to market a CEX aggregator
Wrong, stakenets vortex already exists, ORN aggregator conveniently showed up after Stakenet published their article on Vortex.
>Eth scaling solutions will rollout far before XSN release
Once again you are wrong. Eth integration and raiden will be out before end of year, Eth 2.0 is still far away.
>RUNE will be the first to market with a cross-chain DEX
See >>23165411 Stakenet has already test btc - weth swaps for over 2 months. Marketing will come soon enough.
>This project was great if they just focused on a ETH L2 in 2018 to be first to market. Now they are in last place and will be left behind because they focused on the wrong thing.
Completely full of shit. Stakenet has used the last 2-3 to build a MASSIVE lead over everyone else. They are actually in FIRST place atm because they have focused on the right things.
>And for the record I don't hold any RUNE so idgaf. This is just facts.
1. You either hold rune and are trying to shill your shitcoin here
2. You hold XSN and don't want people to buy so you can accumulate more.

>>23168261
Doesn't matter. Like I've said most chains already have settlement within 5-10 seconds.

Only ETH and BTC have issues. ETH is getting roll-ups and BTC isn't even used for trading.

At the end of the day this will accomplish everything XSN aims to but MUCH faster.

>>23168289
BTC isn't used on DEXs because they are layer 1, It's slow and expensive. Layer 2 fixes this.

Layer 1 will never be faster than layer 2.

>>23168279
100% correct.

>>23168289
>BTC isn't even used for trading

Lol. BTC is by far the most traded currency of all by volume. Stakenet isn't interested in your 80$ shittoken flips. They're building a solution for huge institutional investors, hence their advicers for example

>>23168279
>Wrong, stakenets vortex already exists, ORN aggregator conveniently showed up after Stakenet published their article on Vortex.

Vortex is just theoretical right now and will take another 2+ years of development given XSN speed. ORN is launching beta within weeks.

>Eth 2.0 is still far away.

I know it is but roll-ups for V1 will be released in just months and will resolve issues until V2

>Stakenet has already test btc - weth swaps for over 2 months. Marketing will come soon enough.

Literally 1 pairing. In test. With 0 liquidity. I don't call this a cross-chain DEX. It's not even an MVP, it's a demo.

>Eth integration and raiden will be out before end of year

Too bad this will be just WETH and will have to manually add every single ERC-20 token manually. This is just like an exchange. I can already use Binance to instantly trade ERC-20 tokens.

The appeal of a DEX is that anyone can list anything and trade whenever. What XSN is doing with Raiden is just what CEXs do but wrapped.

>>23168334
>Vortex is just theoretical right now and will take another 2+ years of development given XSN speed. ORN is launching beta within weeks.
Wrong, vortex has been in use for months. It's still in early stages so it's not in massive use. Have a look at gif related. It shows the aggregator trading on livecoin from the XSN DEX.
>I know it is but roll-ups for V1 will be released in just months and will resolve issues until V2
Not really, Congestion may drops but it will pick back up again. Look at the 2017 bullrun and recently with uniswap.....

>Literally 1 pairing. In test. With 0 liquidity. I don't call this a cross-chain DEX. It's not even an MVP, it's a demo.
>ignoring the fact that layer 2 btc - weth swaps having been in testing for over 2 months.
Yikes. You have no idea what is coming do you?
>Too bad this will be just WETH and will have to manually add every single ERC-20 token manually.
No it won't just be weth. The devs already have a plan in mind for which tokens they want to start with (hint, big volume tokens).
>This is just like an exchange. I can already use Binance to instantly trade ERC-20
It's not just a DEX, its a multicurrency lightwallet, the DEX is a built in DApp. Your funds aren't safe on binance, they are on stakenet because you control your keys.
>The appeal of a DEX is that anyone can list anything and trade whenever. What XSN is doing with Raiden is just what CEXs do but wrapped.
Completely wrong. XSN doesn't use wrapped tokens. wEth is an exception because Eth doesn't meet it's own standards. However wEth is still secure because it's on it's own chain (eth blockchain).

>>23167909
I'm sorry, you're right, I'm actually just a fellow XSN blockcuck-larper. I am actually heavily invested in Stakenet, couldn't give two fucks about Blockcucks or "Prune" (is this the new supposed xsn killer?), Falconshit-swaps, Cope Zeta's bi-donce, Poopring (which loops into your own mouth), or Unisexualshit-swaps. Why eat a unisexual's block-formed shit turd from a dried up Coping Zeta's (worse than a beta) perpetually looping ring of scamshit erc-20 tokens, when you can have the most magnificient Steaks everyday (XSN), served on an unbreakable diamond platter (the Stakenet network)?

Inb4 this post is cringe. You're cringe motherfuckers, seethe more Cope Zetas. In the end it only serves to make our ultimate victory that much sweeter. Peace out, blockshits.

>>23168396
Based. Have you noticed all these fake "DEXs" lately? All these rugpulls claiming they are the solution..... and /biz/ retards lose their money on them.

>>23168388
Ok you're winning me over. I am legit not here to shill anything, just enjoy crypto conversation.

Can you link me the profit chart for MNs?

>>23168428
Honestly thought you were shilling rune or reverse shilling/fud xsn.

Pic related shows you block rewards for owning 1 masternode. It compares the price of XSN against the the number of nodes in the network so you can plan ahead.

Note block rewards are only the first form of income from Xsn. In the future there will be more income streams from DApps such as trading fees.

>>23168442
What is known of the current timelines for development? I see what's on their website but it's not clear to me in what order and what timeline they are targeting.

List:
Raiden integration + big 100 tokens added
Vortex integration with big 10 exchanges

Any automatic market making planned or is it orderbook style?

>>23168428
Here is the Stakenet FAQ
https://stakenet.io/faq/#general

It should help answer a lot of questions you may have. Otherwise read the whitepaper for or ask in the discord, the team is very friendly and helpful.


Pic related estimates trading fees which will be spilt to masternodes in stage 3 of the dex (hydra)

Also let me tell you something regarding the DEX.
100% of the trading fees will be used to buy XSN at market price
Out of that 100%, 90% will be spilt to all masternodes (in stage 3) and the other 10% will be burnt. Reducing the supply and giving xsn a deflationary mechanic.

>>23165453

Just stake with a merchant you fucking mongoloid that way you only pay a small % of your rewards and only need 1 VPS

>>23165574

If price goes up you will pay less XSN for you MNs omfg how did you even get the money to buy that much XSN.

>>23168467
Timeline is hard to say. They have a roadmap https://stakenet.io/roadmap/ but it doesn't get updated often. Eg. It gets updated in chunks so it can go from 50% to 75% in one update.

I recommend asking the team in the discord about timeline plans, although t may be vague since dev work takes time and can have bugs.

From what I've heard, they have something big planned in November.

>Any automatic market making planned or is it orderbook style?
They have limit orders and market orders right now. However a simple swap feature will be added in the next update 4.0.5
(it was supposed to be out in 4.0.4 but because of a vulnerability in old versions of lightning they had to update to 4.0.4 to fix the issue.)

>>23168467
Next things to come that are currently in dev are:
>eth private key integration (deposit/withdrawel)
>simple swap ui
>finishing Raiden
>MNs from hardware wallets

First two are a matter of days to few weeks. Simple swap ui is in heavy testing, so I guess that's just days to two weeks max
I expect to see Raiden full integration and first erc20 pairs till christmas

friendly reminder blocknet bagaholders have been on a full time XSN FUD campaign for several months

it feels great knowing your investment is keeping third world savages awake at night

This shit used to be called POSW. What a fucking scam that was, full of irrelevant and scamy shitcoins. Imagine giving these subhumans your money

>>23168997
totally organic post

Stakenet is the shittiest of shitcoins. Their scammy dex gave me aids

>>23169098
totally organic post

>>23162227
its sooo easy guys we are laughing

All fudding pakis get the rope. Why don't you spend your last few months of life doing something worthwhile rather than fudding XSN? Low IQ move

>>23169794
It's because some /biz/ anon paid a turkish crypto influencer you say it was going lower and they should sell. They all sold extremely low and are still seething.

>>23163689
Imagine sucking cz dick this hard

>>23169813
Sad for them. They should just invest like a pro and buy the top then hold while seething and completely addicted to copium

>>23162227
>Gets an instant update to fix an issue lightning had.
>OP complains.
Nothing got set back retard. Just because the number changed doesn't mean simple swap was delayed. If you're this stupid I hope you sell.

>>23169949
4.0.4 WAS MEANT TO BE FAGGOTSWAP UI NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>23168997
>>23169098

>1 post by this id

1bnb has been deposited to your account

>>23169813
Turks are literally the dumbest of all people. It's almost ridiculous

>>23170096
Ching Chong man donates 1 social point to you, you are now permitted to masturbate

>>23170117
That anon isn't even posting stuff about binance or cz. Kill yourself pajeet.

>>23170127
I'm carrying on the joke anon made about 1bnb you stupid cunt.

>>23170165
Then phrase it better retard.

>>23170175
Alright thanks for advice pee pee poo poo man

>>23170188
Checked.

>>23170195
Based

>>23168504
The percentage fees might be lower but don't mn's yield higher rewards with the current see-saw? But you raise a good point. If I tpos for myself I'd only have to bother with one vps instead of multiple, and it would be 0% commission, n and fees are paid in USD. I will give this some serious consideration.
If price goes up so does the opportunity cost of paying xsn as a percentage. Say xsn is $100. If I get 6 xsn/day and they charge me $0.15, so let's say that's 5.9 xsn, that's $590. Hopefully this explains what I mean by XSN going up in price means greater loss in usd value by paying in something now worth $100. It's an obvious concept to me and those are the kind I struggle the most to explain to people who don't get it.
>>23168504
I bought a bit back in May/June/July of 2019 and more this year. I have a little money in crypto so I just rebalanced my portfolio a little. So xsn was a greater %.

>>23162227
Just bought another masternode. Thank you weak hands.

I fucking hate turkroach scum and will continue to promote XSN until every last one of you have killed yourselves. desu its most like the same person switching IP's.

>>23163689
What is binananance???