/biz/ - Business & Finance

Based

There's a race to create a layer 2 DEX that solves the problems of existing DEX's and CEX's, and finally create an exchange where any pair can be traded- instantly, privately, securely, cheaply.

The first project that can successfully create a layer 2 interchain DEX is going to rock the crypto world. FINALLY, we will have a DEX that actually works.

With monero and other privacy coins now working on lightning network integration, and getting closer, the possibility of having direct trades between say BTC-XMR is now on the horizon. Can you imagine what this will do for the crypto world? The meme of 'be your own banker' will soon be a reality.

If you look at almost all of the existing DEX's today they all fall short of overcoming the technological inadequacies that are holding the space back. Any project that isn't actively building a solution to these problems will fade into nothing. Bancor isn't doing enough. Kyber isn't doing enough. Loopring isn't doing enough. There's only one project that is building an all encompassing solution, that already has a public beta. I've told you all exactly what that project is, but only a handful have listened and only a handful will share the immense gains.

Imagine investing in the infrastructure that will facilitate the cyberpunk crypto renaissance, and host billions of dollars worth of transactions, from the ground level.

>>23636231
>There's a race to create a layer 2 DEX that solves the problems of existing DEX's and CEX's,
Hence why there is a lot of fud against stakenet. Cz and co do not want you to know about xsn.

The only thing I can't get my head around with Stakenet is - why is no one else, particularly with more resources, trying to do exactly what Stakenet is trying to do? I just don't get why the big names aren't in a race to accomplish this.is it because it will be less profitable than a CEX?

This is literally an instant multi billion dollar valuation if they succeed. It might take more time than we wish but they will get there and when they do they will literally spark a defi revolution, a REAL defi revolution, not the pump and dump Ponzi fest that crypto is today.

>>23636306
Because what Stakenet is building requires a lot of time and effort. CEXs won't do this because they can't control it. It's far easier for them to quickly make a CEX and control user funds that way.

As for other DEXs/DEvs, stakenet is far far ahead that there is 0 chance of them ever catching up.

>>23636306
You hit the nail on the head already. It's a lot less profitable to create a true DEX. It's why the resources havent been put into it yet, despite it being desperately needed.

It's also a major legal/regulatory obstacle. This DEX will bring about personal financial freedom like never seen before. You can store your crypto privately and as mentioned here >>23636231, if privacy coins are successfully integrated you could literally totally obscure your trading/holdings and theres nothing anyone can do about it.

Just look at how scared Binance is of their Aggregator(which will allow XSN DEX to tap into CEX liquidity)

We are going to fucking make it.

>>23636400
Cz doesn't understand the big suck.

>>23636400
>It's a lot less profitable to create a true DEX.

I want to reiterate that Stakenet DEX will still be very profitable, but they will squeeze a lot less juice per transaction than CEX's. It's precisely because of this(and the technology that facilitates it) that will make XSN DEX the biggest DEX in crypto by far.

>>23636400

>>23636423
Gonna add on. Since CEXs are controlled say binance for eg. Cz gets all the profits, with a DEX the profits go to the network (masternodes) etc.

>>23636510
Haven't seen any fudders lately.

>>23636672
They've either filled up their bags or have capitulated. Everytime they FUD it's just bumping an /XSN/ thread and making people more aware.

>>23636672
>>23636688
Checked. Someone just made this
>>23636662

Blocknet bros I don't feel so good.

>>23636741
kek they're scared to come into the generals now.

>>23637044
Checked.

friendly reminder to never post in FUD threads and only let them bump the general. if those shizos want to freak out let them do it on their own.

>>23636400
>>23636688
>>23637044
Checked

>>23637285
I need the fudders back. How else am I meant to talk shit?

>>23637921
it's become too difficult to sustain fud. The crucible has hardened us, made us the early adopters.

This coin will go to $20, just like LINK. It will be our reckoning, and the board will be flooded with apologists and crypto-twitter normies buying inanely small amounts and asking for people to be proud of them.

>>23638012
I hate this chink and every other scum like him. If i can participate in their downfall it would not just be a pleasure, it will be my duty.

Why do you think our boy Frank is an advisor(and no doubt an investor)?

He got fucked over by BitMex - and now its payback time.

>>23638113
Holy shit it all makes sense now

Bump. does anyone have a webm of the latest swap demo?

>>23638611
Checked and bump

>>23636414
Vortex goes succi succi, CZ down the drain.

Played around with xsn dex and now my fucking balance is zero. Only had 10% in to play around with but fuck what a load of shit. Fucking scam dex is right. Fuck you shillers

>>23639648
Post your proof please?

>>23639648
Thanks for the bump!

>>23639711
>9 posts
>Over half of them dubs
>2 posts the same dubs In a row

Blessed by kek.

>>23638611
I do, fren

>>23636400
Sucki sucki

>>23639648
Pic related, it's Stakenet fudders

>>23640157
Kek

>>23640090
>>23640104
thanks fren, but i was referring to the new swap UI. i actually have the video but it's too big to post here.

>>23640177
Checked

Check em

>>23640104
Funny how the "binance aggregator" never went live on the open beta, just saying...

>>23634623
>What is Stakenet(XSN)?

A scam from a smelly pajeet

>>23640579
Those aggregators can be run by anyone. Obviously BTC/LTC on a PoC-DEX is not really a business case, that's why it's off again. It can easily be turned on again
tho and will be when ETH pairs arrive and the DEX leaves the PoC state

>>23640182
Ah gotcha. Here u go

>>23640182
>>23640894
Adding to that

>>23640620
thanks for the bump

>>23640894
thanks, based

>>23640834
>It can easily be turned on again
It was never live during the open beta. Only in closed testing, so still just a poc, not a real product.

>>23640894
Lack of judgement being displayed here; who wanted those animations? Really, think of the potential users for this, these are not the people who want animations in their UI. It's like a pajeet-bling android from 2013.

>>23641214
>>23641261
your really scraping the bottom of the barrel here anon

>>23641261
lol this. don’t want to get banned on discord, so not bringing this up there, but someone should hint them it’s a terrible idea.

>>23641283
12 "thanks from the bump" posts from you, really adding to the discussion. Being wed to your shitcoin project and not being able to discuss any criticism is a nasty place to be. heh.

>>23641303
You won't get banned on the official discord for making a suggestion but nice try pajeet scum. The UI is good.

>THE UI IS PAJEET TIER! ITS A SCAM!

You cunts are so fucking tiring

>>23640968
after this comes out in 2021, i'm hoping the shills do well to get it past 0.5. still doesn't solve the time issue, and opening btc channels will only take longer to open once the network starts to clog again.

>>23641331
An argument is defined as
>a reason or set of reasons given in support of an idea, action or theory.

so when you come up with an actual argument we'll have a discussion. Until then,

thanks for the bump

>>23641335
Only thing tiring is the XSN team printing 7 million XSN for themselves in 2019. Then they convert those funds to masternodes and claim that the MN count is going up, and therefore the coin is definitely NOT dumping, LOL:

>>23641337
>still doesn't solve the time issue, and opening btc channels will only take longer to open once the network starts to clog again.

this is literally a false, non existent issue which you have fabricated

please provide evidence that this is or will be a problem.

Anyone know why they stopped development on the Raiden integration?

Based fudders keeping /XSN/ constantly bumped

>>23641369
I ask you again Mr pajeet, please address the following questions
>How is Stakenet a scam?
>If Stakenet is a scam, why does it have a genuine product in open beta that the public can use, and continues to being developed?
>If Stakenet is a scam, why is there evidence of the X9 team having collaborated with some of the biggest names in crypto? (Ledger, litecoin)
>Do you have any objective evidence at all that the developers Wont be able to meet their goals?

If you can answer any of these with objective evidence I will market sell and post proof

>>23641369
>Anyone know why they stopped development on the Raiden integration?

They haven't, can you provide proof that they have?

>>23641368
what? do you not know what happens when btc is in a bullrun? transaction times take even longer, and cost even more. are you saying this doesn't happen?

Just remember that the Livecoin volume is 99% faked (XSN team pays Livecoin to upkeep a certain volume). A few days ago they disabled the bots, and the ugly truth came out. Same goes for the "DEX". Devs are intentionally trying to give the impression that the DEX has huge volume (due to bots). In reality before the bots were enabled, it constantly had 24h periods with ZERO volume, LOL.

>>23641410
It's not my fault you're a retard who hasnt done any research. This DEX uses the LIGHTNING NETWORK. it might be best to become familiar with the very thing your trying to criticise

>>23641415
>Just remember that the Livecoin volume is 99% faked (XSN team pays Livecoin to upkeep a certain volume).

Do you have any evidence that this is true?

>Same goes for the "DEX". Devs are intentionally trying to give the impression that the DEX has huge volume (due to bots).

bots are purpousfuly being used to stress test the DEX, this is public and transparent, and necessary

Also, why cant you address any of these questions? >>23641379

>>23641415
Thanks for the bump

>>23641422
i know it does? but you have to open a lightning channel to trade....... that's why it says 30 minutes in your picture. one the channel is open you can trade instantly.

>>23641398
Sorry, in fact, they haven't even started to integrate Raiden. Although their roadmap misleadingly says Raiden integration is "50% done", kek.

>>23641447
his picture is when live coin turned off the bot...

>>23641471
>Sorry, in fact, they haven't even started to integrate Raiden.

do you have any evidence to support this?

>>23641471
Thanks for the bump

>>23641492
have you used the linux version yourself to solidify your webm, or do you think maybe it's just a mock up. genuine question... cause it seems like it's total bullshit.

>>23641379
>>How is Stakenet a scam?
Rebranded from a coin from where they exit scammed (PoSW)
Roadmap is completely revamped every 12 months. "Things just didn't work out, here's the new roadmap"
Fake exchange volume (supported by devs)
Team prints coins for themselves. Last time was 7 million XSN in 2019.
Team holds a masterkey (can shut the chain down tomorrow, if they like)
>>If Stakenet is a scam, why does it have a genuine product in open beta that the public can use, and continues to being developed?
Bitconnect had a "genuine product". No evidence that it's being actively developed at this point. "Team" is a bunch of hired hourly workers from Ukraine. Look up their LinkedIn profiles (which they removed from the "Team site" last week btw). All of them have multiple simultaneous crypto "employers".
>>If Stakenet is a scam, why is there evidence of the X9 team having collaborated with some of the biggest names in crypto? (Ledger, litecoin)
Literally no proof of this outside the XSN community. Litecoin foundation even deleted all things Stakenet-related from their site, just a coincidence, right? As to the "Ledger collab"; they sent some code to Ledger, which they subsequently decided NOT to implement (piece of shit code).
>>Do you have any objective evidence at all that the developers Wont be able to meet their goals?
Look at the 2018 roadmap, LOL.

>>23641492
Ask on the general. They are trying to get eth keys to work before starting on L2. Again, they scammed people that Raiden integration is at 50%.

>>23641642
Imagine not even being able to complete you eth wallet after THREE years of development. There's like 20 scam projects who've done this in a month.

>>23641261
Retard. There is a pro mode for serious traders. Simple swap is made for retards like you, click and button and wait. Also it takes a few seconds for a trade to compete, the animations help keep normas in their seats so they do retarded shit.

>>23641357
>>23641369
Bad fud, neck.
>>23641377
Checked.

Xsn is a scam and I own 320k of these little shits. According to the guys in xsn generals anything over 20k(twenty thousand) xsn coins makes you a whale. Kind of stupid how you are considered a whale for having around 2k usd. Like bruh that's a regular paycheck if you just get a little overtime.

>>23641422
>>23641466
>>23641711
Checked.

Any other Xsn chads here?

>>23641711
why do you default on conversation. just reply to everything with 'bad fud' or 'checked' do you not want to converse or something? really strange.

>>23641720
Look up the flags on the announcements channel. It's not westerners investing in this, kek. 2k is a city block for a jeet.

>>23641720
Wtf is this trash tier fud, at least fucking try.

>>23641749
>post the stake-chad meme, QUICK!!!!

>>23641720
>Scam
>Owns 320000XSN
ok retard

>>23641779
Based. Anyone got the cap of fudders kys 77777 post? Pic related

>>23641758
He doesn't have any answers, but cannot admit to anything due to his bags. Hence the "mask".

>>23641807
fucked up reply to >>23641753

>>23641753
It's an attempt to sound like a 4channer. Apparently calling everything fud and everyone a seethe is how the pajeets were taught to blend in with the locals. One and two word replies are, less likely to trip them up with grammar so I guess it makes sense.
>>23641779
What else can I do? Sell at a huge loss? We have an army of pajeets fucking cats and worshipping cz 24/7. I think we got at least one more pump back to my break even, so I will be patient and carry these incredibly heavy bags.

remember when the "XSN PR Director" tried to shill aantonop?

so I got 1mn atm and 8k xsn. do you think prize will drop or should I just buy into a 2nd mn immediately?

>>23641872
it's going to back to 450 sats

>>23641927
... And if they don't deliver L2 in the next quarter, it's going to 0, since they will run out of funds. If the try and force a second 7 million XSN minting event, it will also dump to around 50, and it's not gonna help them at all.

Weight in the odds. I'd say it's pretty much dead at this point. People don't realize the treasury is hemorrhaging.

>>23641855
Checked. Lots of numbers tonight.

>>23641807
what? you're a really strange person anon. really strange. you should start questioning things, rather than being a blind follower.

>>23641855
i've said that since the shill campaign started here. the grammar is off, the memes are off, the community is weird as fuck. i hope most of them managed to sell high. cause it's only 1.5x now on the year.

>>23641872
it's going back down to below 400 easily within the next couple of months. btc has already started the run, and xsn has nothing to offer for a buy in, and wont, for a very long time. people will bite the bullet and sell some of their stacks to get profits in btc. coupled with the fact that now the price is retracting heavily, the team can't afford to pay any decent devs so you're stuck with the same bottom feeders who they paid with the 7 million minted xsn during the 'bear market'
>>23641963
they'll print more money before that happens. my guess is q1 2021 they'll get masternode consensus to mint 15 million xsn. ofc, the shills will say it's a good thing.

>>23641963
>19 posts by this id
doing gods work son

>>23641559
this is the BEST you came up with?

alright - time to tear some pajeet asshole.

>Rebranded from a coin from where they exit scammed (PoSW)
A literal fabrication - the XSN devs are in no way related to the PoSW project
>Roadmap is completely revamped every 12 months. "Things just didn't work out, here's the new roadmap"
not true, existing roadmaps have mostly been completed.
>Fake exchange volume (supported by devs)
>Team prints coins for themselves. Last ime was 7 million XSN in 2019.
not true, provide evidence
>Team holds a masterkey (can shut the chain down tomorrow, if they like)
not true, provide evidence

>Bitconnect had a "genuine product".
Uhm, no, it didnt. Im sure you think it did when you invested, kek.
>No evidence that it's being actively developed at this point.
Yeah aside from the latest DEX beta and wallet releases and constant updates, sure thing

>>23642168
>is not aware of the facts;
>NOT TRUE
how to lose your stack 101

>engaging with fuders over the same baseless criticisms they raised 3 months ago
>Not just thanking them for the bump

>>23642190
Out of interest - what are YOU invested in?

Tell us, almighty genius who works full time FUDing a coin you apparently think is worthless.

We are all dying to hear your portfolio allocation.

>>23642228
Sold my XSN for BTC in august. Held for 2 years, and got extremely tired of the lack of progress.

>>23642168
mate there's something wrong with you, there really is.
> literal fabrication - the XSN devs are in no way related to the PoSW project
.... but it is a rebrand, that's why posw holders got xsn airdropped to them. ... ?
>not true, existing roadmaps have mostly been completed.
no, public api says 99% for the past 8 months i believe. it's still not out. raiden 50% aggregator that only works on live coin. ledger staking that still doesn't work.. plus many more probably. you're blatantly a blind follower, you don't even know anything.
>not true, provide evidence
you can ask yankee/jo in the discord if the volume is fake. they're quite open about it. it's called livecoin doing the laundry. a quick search will get you there. as for the minted coins, are you trying to tell us that never happened? at best you could have responded with 'they minted 7million xsn to fund the devs during the bear market' but now you're outright denying they minted coins? are you mental?
>team holds master key, they can shut it down
this was back at the start of the furious shill campaign here, when a blocknet dev came into the thread and made the stakenet dev's also come him. he went into the discord or something and then the senior dev from stakenet had to deploy some spork using the master key to change the code of the project.

bitconnect did have a product though. are you new or what? you're the person that thinks uniswap isn't a dex because 'it's a website' right?

>>23641720
>I am heavily invested in what I believe to be a scam

Can you at least fucking try next time?

>>23642290
HAHA you actually expect us to believe you? what a fucking pajeet.

I tell you what - post proof, and i will legit sell my entire stack, right now and post it in this thread. you have my word.

>>23642292
And what about you, genius? Im guessing you also had a fat stack and sold the top in august and you're now just doing you bit to keep /biz/ safe?

Thanks for keeping this thread bumped lads

Feel a bit sorry for some of you. 86k at the CURRENT price is about 10k USD, you do realize that you wont be able to pay for more than 2 devs with that? Good luck to the roadmap if this dumps to 400 sats.

>>23642347
again, no conversation. just lambasting from afar like a true autist. do you converse to people irl or anything? there's anons in here trying to figure stuff out, and the shills don't want to talk. just shout in anger.

>>23642351
post proof or we'll know you're just a flaming pajeet cocksucker


>>23642374
thanks for the bump

>>23642407
>post proof or we'll know you're just a flaming pajeet cocksucker
Proof of what? If you can't do basic arithmetic, then that's on you, lol.

>>23642435
refering to >>23642290
>>23642347

dont pretend to be anymore retarded than you already are

thanks for the bump

Get use to this FUDers because I'm keeping /XSN/ alive 24/7 from here on out

>>23642443
You quoted the wrong post, discord is probably screaming at you to stop embarrassing the shills, lol

>>23642462
>im going to pretend to just not know what he's talking about, this way, my pajeet tactics will not be exposed

Im asking you to post proof that you held for 2 years and sold in august. If you can, i will sell my stack and post proof ITT.

>>23642407
funny how the 'very organic conversations' comment is still relevant. you guys don't actually talk at all.

>>23642523
thanks for the bump

>>23642495
lol, I don't give a fuck about your bags and whether you sell or not. This is a nice introduction to any potential buyers though, beware of the XSN scam!

>>23643688
Checked and aggregator-pilled