/biz/ - Business & Finance

discord shits in for a nasty surprise kek

>it’s ready
>we just need to release it
>soon
Rug status: pulled

bruh this happens with literally every coin. Why do you think they charge a fee for listing? It's to provide liquidity and fake volume. The whole market is a house of cards.

>>23500287
>Why do you think they charge a fee for listing? It's to provide liquidity and fake volume
Almost everything has been going up the past week or so, except XSN. It's called fake volume, because it's fake lmao, Livecoin listing is like $2000. They are faking 99% of the volume, but the retards on discord think it's real trading, haha

no one needs a coin
dead coin
what is everyone waiting for?

>doesn't appear to be close
b-but SOON.

>>23500232
XSN and RDN avoid...

Don’t trust a project with a paki ceo, lesson #6557

Discord full of seething turks, lol. I sold at a loss a few weeks ago, but at least I’m not holding this burning trash atm. Looks like a bunch of the mods are turks as well. Any white people invest in this?

Lmao. Top fucking KEK

Weak fud as always

Seethe more fudlets, I'm never selling my 3 masternodes. I went into this with the expectation to win or go home. I'm going to keep this vow to myself. I'm going to get a job and suck as much XSN up as possible then I will fucking party until I fall off the rear end of my future yacht and bask in all the tears of the non-stakies.

Fuck CZ, fuck fudders, and fuck pajeets.

livecoin is presumably not working properly, volume absolutely shat the bed, not buying the sole bot theory

>>23501125
>I went into this with the expectation to win or go home.
This is why people hold scams all the way to 0.

>>23501144
>not working properly
Define Livecoin working "properly". The volume has been fake for months now. Are you implying the REAL volume has been ~100 BTC for months?

>>23501161
CAN ANY OF YOU FUCKERS SHOW A PICTURE OF YOU SELLING YOUR SHIT EH? CAN YOU FUCKERS DO IT? FUCKING SHOW ME YOUR BUYS/SALES HISTORY YOU FUCKERS.

I guess most of the selling is from turkroachs, they are seething lmao. They are never going to make it.

Pic related.
>Xsn turned to the trash completely. This crew is officially liar and fake. 4 times down, damn xsn .. fuck you into the dex exchange you will do, incompetent idiots.
>We have waited for 3 years, all of us have been waiting for 1 dollar. I did not sell it in poswalet time, it was 89 cents in 2018, I did not sell it was 56 cents 2 months ago.

Looks like they will sell at 15 cents and let you buy their cheap stakies lmao.

>>23501212
>>Xsn turned to the trash completely. This crew is officially liar and fake. 4 times down, damn xsn .. fuck you into the dex exchange you will do, incompetent idiots.
Not like any of this isn't true though lol?

>>23501204
Yeah, it's definitely us seething, not you, right? uhh ohh

>>23501245
Not really. They are short sighted retards, not sure what I expected from roaches. Complaining about the price when so much progress has been done. In the latest announcement the devs said they want to hit all 3 targets in the next few months. So we'll likely get raiden by EoY.

I admit I'm so fucking demoralized by these past months' relentless fudding.

>>23501274
Why? It's just fud? It's not like any thing fudders have said is actually true.

>>23501265
>devs said they want to hit all 3 targets in the next few months. So we'll likely get raiden by EoY.
This roadmap is 34 months old, so I guess that counts as "few months"?

>>23501289
>comparing ssui, eth keys and radien to a 2018 roadmap

>>23501278
Because I got a few friends to invest into the project and I feel like a mother fucker due to it, probably. They've been listening to all the fud and keep on fudding me irl too. I know most of it is not true but fuck.

Lesson learned, keep your shit to yourself. At least then I wouldn't have had to feel bad for their sake.

>>23501265
Just hold for another 10 years lmao.

ooft, 974 satos. i've felt bad for months for selling at 1600

>>23501302
Haven't even delivered 1/5 of the 2018 roadmap, so I agree, surely they will deliver everything in the next quarter!

>>23500350
i tried to warn people multiple times but folks here are so fucking retarded

500 sats incoming. Where are the people saying that whales are rekt for selling @ 1k now?

>>23501274
>past months' relentless fudding.
aka people criticizing a scam being shilled on biz. Everything isn't always "fud".

Last trade on the XSN Dex: 12 hours ago. CZ absolutely shitting his pants.
https://orderbook.stakenet.io/XSN_BTC

holy fuck i am so glad i pulled out of this a couple of days ago.
you anons successfully shilled me on this on the basis of the tech alone in a non-stakenet related thread. tried the DEX with the channel flow. weird and confusing, but uniswap mode would be its own value proposition whenever it was ready, i guess?
meanwhile price just would not stop fucking tanking
pulled out what i had at a loss and bought LIT, using uniswap for the first time... and holy fuck... NO ONE is going to use the DEX over this shit. its just not happening. people will gladly accept $20 when its this braindead simple to trade and you dont even have to download anything.
and here i learn that livecoin (where i had to buy XSN ultimately because of low DEX liquidity, kek) has been faking the volume this whole time
to any anon in my position. pull out. no ones going to use this shit. if youre halfway smart i know you know well enough to be considering whether im "really" FUDding or if im just trying to suppress the price. but ask yourself why any of these whales would want to suppress the price at this point. really consider what im saying and pull out before you just lose more money.
im not saying this is a scam btw, the concept is cool and i can see that the team is really working on hard problems, etc, but im sorry this layer 2 stuff does not solve a real problem anyone has. uniswap works pretty well and no one is lacking eth <-> btc fiat onramps or interchangability so the lightning integration is basically a nice-to-have. this shit is fucked.

>Buy orders: 3.2 BTC
>Sell orders: 75.4 BTC

>>23501638
It all seemed so good, I just gave up at a minor loss.
Even with the gas joy that is uniswap, uniswap works, and with metamask adding swap functionality in the wallet.
Doomed thing is doomed.

>>23501638
Too bad it is impossible to sell any meaningful amount at this moment. Selling a few MNs would slip it to 600 sats, kek. I hope the XSN shills burn in hell, though.

>>23501743
Let me ask you guys, why are you fudding it in the first place if you actually want to have a higher price? Are you literally retarded?

>>23501785
This was extremely heavily shilled on biz during the summer, with false pretenses, untruthful development and release promises and fake volumes tactics being applied. Seeing this tank, and going back to where it belongs, <500 sats, is entertaining. Literal serial scammers involved in the XSN marketing team, so they are getting what was coming to them.

>>23501821
Then let me ask you.
> false pretenses
What were the false pretenses?
>untruthful development and release promises
Where? I never saw any untruthful promises from the devs, it was all shilled from /biz/ as far as I could tell.
>fake volumes tactics
From Livecoin yeah, which has always been the pretense, I've never seen a shill not warning about the shady Russian shit exchange. And I've been here since July. The narrative has always been that.
> Seeing this tank, and going back to where it belongs, <500 sats, is entertaining.
I'll buy 3 masternodes once it gets to <500 sats. I'm poor as fuck and bought my mns at 2500k~ but yeah, in a sense I guess I should take it as being entertaining too. Perhaps I need to take the fud pill too.
>Literal serial scammers involved in the XSN marketing team.
I agree Yankee and the twitter retards are a bit retarded, unfortunately.

I agree that the team has a pr/marketing problem, which combined with the falling price makes people lose trust. But as far as I can tell the project with the chain and DEX etc is very legit. I haven't seen anything about the other projects that make me lose faith in the vision that Stakenet proposes. I guess I should just put this on the shelf and come back in a few months. I'm too badly down to care about whatever money is left either way.

>>23501925
>I'll buy 3 masternodes once it gets to <500 sats
>I'm too badly down to care about whatever money is left either way.

>>23502048
Yeah, I'll get more xsn once it's cheap enough for me to buy a bulk of it. But I don't want to sell my current masternodes. I don't see how that's contradictory. If it's <500 then I can consider risking more money if I can get 2~3 masternodes more for the same amount I get for one right now.

>>23502048
At the same time I don't want to risk losing an eventual upturn if I sell my current shit now. I might be retarded, but I'm not that retarded at least.

>>23502069
Masternodes? What is this 2017?

>>23500232
Can't believe I actually bought this shit and thought it is something...

>>23502086
What is so bad about masternodes? They are high energy. Can't you hear it in the name? >Masternode
Meaning I'll be your fucking master and you'll be my succi succi slave sucking my big fat Stakenet dick soon enough.

>>23502086
>What is this 2017?
According to XSNs roadmap development status, it sure is.

>>23501925
Oh it's the Yankee scam scam scam posw scam screaming guy again. Still being obsessed with Yankee lol :D

>>23502130
>16 posts by this user

>>23502086
2021 will be masternodes - the link that was missing in Lightning

2017 was masternodes doing nothing but giving rewards. The same principle defi is running now with pools.

>L2 DEX
so like binance or any other CEX?
if you plug shitty p2p network (masternodes, LN nodes) to a blockchain, you can't really call such contraption decentralized. Distributed, yes, but that's absolutely different to a blockchain, it's absolutely insecure and relies on centralization solutions to mitigate attack vectors. Not to mention that routing on LN is kinda gay, since sender does whole path discovery. Is it user-friendly? User-friendly ways would require centralization as well.
LN, Raiden, Plasma, Stakenet and others are just multisig wallets on blockchain network.
So how's sending your sats to a stakenet nodes is different from sending sats to Binance?
DEXs are meant to exist on-chain. It is the only secure way to swap cryptocurrency.

>>23501725
>Even with the gas joy that is uniswap, uniswap works, and with metamask adding swap functionality in the wallet.
i personally went with the trust wallet via walletconnect flow and was mindblown by how easy it was. yeah the fees suck but youre basically paying a premium for ergonomics
the way i now view XSN / L2 in general is basically the same as ETH killers. yeah ETH has problems and ETH 2.0 may take ages to actually launch. yes there are already like 6 different projects that deliver what ETH 2.0 is supposed to.
but given this market is 98% dumbfuck speculation with no working products, network effect and overall ecosystem development are COLOSSALLY important.
maybe XSN solves the gas fees "problem" but does it solve the "click a link, visit spazzy / easy to understand website, type how much i want of something, press a button, instant trade with fair conversion rates and guaranteed liquidity" problem?
i'm honestly okay with losing that bet. maybe it would have 100x'd but i so seriously doubt it at this point that i'm okay with taking the L.

>>23501362
>eth2 coming in 2017
>link staking coming in 2018
yep, projects often miss deadlines when they're building novel market mechanics or changing a core feature.

>>23501539
lol k

so how much did everyone lose?
not fudding btw, i had high hopes for xsn for a long while. sold at pretty much the beginning of this recent pump and regretted it until... well basically until this thread.
i put my piffling profits into ATOM and AAVE btw, i think those going 400% in the next year might mitigate the seething incase anyone is desperate.

>>23502852
There's plenty of downside left. 500 sats incoming. That's when early gamblers really start to hurt.

it'll rise to 10k sats, quote me

Reminder that team will be forced to sell ~500k XSN every month at these prices to keep the money flowing. Inb4 "let's print 7 million XSN", like they printed in 2019.

>>23503173
nah they don't need to sell that much, they own 2000 masternodes since printing that. plenty of rewards coming in for them lmao.

>>23503217
They are forced to convert the rewards to new masternodes, otherwise the masternode count will start to plummet, and people panic.

>>23503258
true true. lmao

>>23503217
I've counted and the top 100 wallets own 34%~ of the xsn. That's not too bad imo. That's a maximum of about 2500 masternodes out of a total possible of about 7300. But I've checked many of them are doing regular staking.

>>23503306
okay lmao

>>23503258
Yeah, isn't the whole masternode thing inherently inflationary?

>>23503336
>lmao
Go back to plebbit/9gag lmao

>>23503373
no lmao. i'm having too much fun chortling myself to death itt

>>23503362
It is a good idea, if the MNs are gradually distributed to individual owners. Now the team just prints millions of XSN and buys MNs with it. Then buys more MNs with the rewards, a vicious cycle that leads to centralization.

>>23503434
>chortling myself to death itt
Good, I hope you fucking die and stay dead. Sincerely.

>>23503306
How are you so invested in this, but don't grasp the basics of how this is supposed to work? Rewards are adjusted to balance staking/MN at 50/50, so it's not "7300 nodes". I assume you're looking at the richest addresses' list, which doesn't really say anything. Someone could own a thousand 15k XSN addresses.

>>23500287
Lition has 180k USD volume on uniswap. 100% verifiable on the ethereum blockchain but whatever.

Fudder seething that more people know about xsn now.

>>23503615
>Rewards are adjusted to balance staking/MN at 50/50
I know that. What does that change? There are a potential of about 109,000,000/15,000 masternodes if everything was perfectly divided. I don't get your fud regarding the team supposedly owning 2000+ masternodes. They didn't have a premine. And even considering the supposed 7,000,000 they "just printed" to themselves, that's just about 500 of the potential masternodes. Do you have any proof that the team owns above 2000 masternodes? The addresses you're looking at are not a thousand 15k xsn addresses. They are obviously unique wallet addresses, which in turn include all the masternode addresses of those wallets. Why would people go to the effort of having 1000 different wallets? Is this the next level fud?

>>23503833
you don’t seem to know the difference between a wallet and an addresses?

>>23503914
The addresses in the "richest addresses" tab are the addresses to the wallets, Those addresses in turn have a number of other addresses associated with them. What's so hard to understand? It's fucking obvious if you click on any of them.

>>23503984
so you don’t understand, thanks for confirming.

Stakeholders are now exclusively posting in /XSN/ Generals >>23503075

>>23504031
Well enlighten me then.

>>23502169
>16 posts by this ID
Pure cope

Volume is coming back "soon"
holders will get their money back "soon"

>>23501204
I sold my XSN at 20 cents, best decision ever kek

>>23503833
lol.

>>23504197
>>23504532
>>23504693
>>23504714
Please stop it guys, please just stop it. I don't want to have to suicide as a wagie. I admit it, I'm coping. I've been coping the whole day. Please just tell me you'll stop fudding soon please.

>>23504532
the funniest part about XSN is all the dumbasses fantasizing that CZ cares about their livecoin shittoken

>>23504852
kek. don't worry anon if you keep your memenode running for 5 years, you might break even.

>>23504905
Please stop it. My heart can't take it. I thought we were all in this together, please tell me it will be alright. Please tell me the masternodes weren't a meme all along. I've already been scammed three times by bitcoin, ethereum and link, I don't want to be scammed again by a meme.

Just getting started. Fun begins at 400 sats, when shills begin to flip on the soon tier devs.

Hey, there's a yuge buy wall for you fudders to eat up now. Why don't you do it? You were complaining about the slippage earlier right? Go ahead, you can sell 50,000 xsn in one go right now. Well? Ooooh, you can't because you're afraid you'll get left behind, I seeeee.

How does this make any sense? Is it Livecoin being retarded again?

>tradebots are online
aaaaand we're back
haha fudders btfo!!!

>>23505739
How do you see that?

>>23505739
>xsn shills are proud to be on a scammy exchange that wash trades their coin so it doesn't fall into oblivion
that's a yikes. do you understand how scammy it makes yourself, you as an anon, look promoting it?

lmao.

>>23505846
>Yikes
>lmao
Hello.

All jokes in this thread aside, it feels pretty good to know that you guys that are fudding in here are the same people talking about how good the project is on discord. I have a pretty good idea of who some of you guys are now from having analyzed your writing styles and comparing them with the tards in discord.
Good game faggots, but I'm never selling.

>>23505523
>you can sell 50,000 xsn in one go right now
LOL, 50k? That's 3 MNs. I'm talking about the people who actually invested in this (>20 MNs).

Try and guess which one is buyers and which one is sellers, lol

>>23506757
>Image investing 20 masternodes worth into a scam.
Get wrecked retards, lol.

>>23502602
/thread

>>23506780
That doesn't compute. Pretty sure it's calculated according to the price that people input their sell orders at. Pretty sure people could put up a very high sell order and the selling side would get inflated. Care to try it out? I don't have any money on that shitty site.

>>23506804
people actually did though. people actually bought shit at like $5k per masternode and bought a fuck load of them. top fucking kek man i can't stop chortling. imagine. some guy even took out a fucking LOAN lmaoooooooo

TOP FUCKING KEK

>>23507449
Kek. Well, they'll be fine unless they sold already, in which case top kek indeed.

shitcoin

>soon we will release the software we promised to release in 2018.

>>23505904
>implying masons and abrahamic religion arent just jewish pawns

>>23508972
thats the point of the pic brainlet