/biz/ - Business & Finance

look you have a good point, but if it is legit why isn't it on a real exchange?

I think I saw a vid of a lightning swap last month. This is the same coin Stakenet? Is there going to be a another exchange ? Bittrex maybe?

I could definitely see why this solves a real problem. The fees for AMM right now is insane.

>>25658781
It's getting listed on Bitfinex later this month

>>25659039
with all these exchange failures during volume, any stress testing you can link me to on this DEX?

It would be worth money to have one that stays open during volatility.


Bitfinex is bullish.

>>25659104
bitvavo is working just fine

>>25659104
20% of them are stress related. 80% are intentional outages

>>25659152
I would love a Dex that didn't have that central power to intentionaly cuck everyone.

It would draw every person fucked by this, growing organic user base every day.

>>25658781
Product first, exchanges later.

Their product is about to be ready for public launch, so expect a fucking moon mission you haven't seen in a long ass time.

How do I get this sht?

>>25659613
Whitebit, seems legit enough...
If i'm getting in it's defo before fucking bitfinex

>>25659721
>Whitebit
oof

>>25659791
you can wait until bitfinex ;P

>>25659811
Did you get yours through whitebit?

>>25659613
Download the dex and buy xsn from there.

>>25660088
i'm looking at it now, cuz if i want some it's defo now before a major pump. Already pumped a bit....

Not planning to keep much on Whitebit, in and out for sure.

>>25660088
90% got this from livecoin but since its hacked and dead for now whitebit is the only realistic way to buy xsn.

>>25658605
Take a look at FSW.

>>25660783
Wrong thread dude

>>25660783
>FSW

>only erc-20.
>only 4 coins available for trade

No thanks bro

thank fuck the aggressive shill campaign has started again. maybe you can pump it to 50c again so i can sell in time.

>>25661303
Ngmi

But if it's not on any real exchange, how do you expect me to buy some bags?

>>25658605
Hot off the press, it’s happening.

>>25661503
You can wait till it is and pay more?

>>25661503
The secret of gemhunting isn’t to buy a coin from a mayor exchange.
But buying right before the coin gets listed there is.

>>25662305
like now

>>25661303
50c in summer was a test pump lol, now the REAL pump is gonna happen when it lists on one of the biggest exchanges of the world. Tier 1 level exchanges don't list any shit coin and especially not every day, so millions of people will see XSN and if it lists on Bitfinex or Kraken they will make sure to point out their relation in working on layer 2 Bitcoin transactions. Shit's gonna go mad from here

>>25661503
I bought 1500 ETH at 85 cents before coin got listed to Bittrex.

>>25658605
I've accumulated SKL. I think it's better: better investors, already on Binance, you only need to change 2 lines of code to use it.

>>25663011
Bought 30k Antshares from some shitty Chinese exchange before it got listed on Bittrex. Also got Raiblocks for $0.02 in April 2017. Shitcoins that suddenly aren’t shitcoins anymore are always the best return on investment. XSN will be the same.

>>25663732
nice dude

>>25663732
Hearing a gem finder like you is here really gives me a lot of hopium. Just got some whitebit XSN

All you need to do is to check UNI's mc. It's 1.7 billion. XSN is at .028 billion. 1.7 / 0.028 = 61. That's a 61x just to level with a top 30 token. And consider the fact that alts are still fucking wrecked. Easy 200x or so.

>>25666153
So Alts 3x, we catch up so 60 times 3 = 180x.

I'm hard

>>25658605
Stop shilling this piece of shit. You sound more desperate every day. Way too many competitors. Developers keep lying. How are they going to come up with the millions of dollar necessary to get listed on a top volume exchange? They have no institutional investment and the developers are from the same team that exit scammed PoSW, so they have no credibility. You don't bet on a shit team in a game played by big boys. This garbage is going to 0 and the team is going to ride off in the sunset again on the backs of gullible bag holders.

>>25666480
You obviously don't follow the project, if you did you'd know that they integrated ETH support today.

Holy fuck you must have sold low, trying to buy back in or something, nobody can be so low IQ.

>>25666878
easier to fud then know

>>25661554
Can't wait for a release date.

>>25666480
XSN lore: Stakenet had a mod known as Skadoosh1 on discord in the early days. He ended up selling the absolute bottom, got priced out, and basically lost his marbles and got banned. Tried to rejoin and fud with numerous identities, but people just laughed at him. He still posts here though. Subsequently the smallest unit of XSN was named “skadooshi”.

>>25661554
Congrats on doing what Loopring already is.

>>25668437
Loopring uses rollups. Guess what? Connext can use rollups too. So that means it’s cheap to go off-chain and then instant gas free trading after unlike Loopring.
>Next pretender please

>>25668184
Kek, thanks for that explanation. Been wondering about that these past six months.

>>25668937
tech is hard... i get lose reading some of the shit too

>>25659333
>>25659811
>>25660088
>>25661100
>>25662622
>>25663011
>>25664400
Checked. XSN gets the digits and gains.

>>25669633
HOODRA

>>25669633
Wait what a mobile app?

WHEN THE FUUCK

>>25668184
I read the AMA. The team exit scammed PoSW and showed no remorse. They also plan keeping the code close sourced. Secondly, the value proposition for this is that applications will be built on Stakenet. There is no way that will ever happen. So why would I hold it? There is no value in it. If I thought there was value, I could simply buy it.

>>25670418
Kys fudder.

>>25670418
>I could simply buy it.
One does not just simply "buy" when they get priced out. Following and thinking about the project 24/7 on the other hand is free though, lmao

>>25670418
The value proposition or busines model will be earning dex fees by hosting a masternode. No one cared about the possibility to build further apps on it. It's the only Bitcoin Layer2 dex and will make fuck you money

>>25670418
Don't buy it then.
People who have bought it see value in its future.
They said that they may release code from the MCLW/DEX, which at the moment is all that is known about that is closed source currently.
Also pretty hard to show remorse for and take responsibility for something that is a problem they didn't cause. I'm not sure how a chainswap is an exit scam but alright, stay deluded.

>>25670418
>>25670632
Rekt a saurus

>>25670721
Cares*

use 1inch + chi scamnet user

>>25670929
cool and when i pay 200 dollars in round trip fees who do i sell my kidney to to pay for it

>>25670721
But it's not though and you know it, so why feign ignorance? Are you purposely misleading people to pump your bags? That's the type of behavior I associate with scams. I've seen team members feign ignorance in public before to promote their scam. I hope you don't really believe this is the only layer 2 DEX because if you do, you are in an echo chamber. Do some more research. Worse, the other competitors have open source code. This is the most untrusted 'solution' available. The team is just desperately pumping their bags. It's lie after lie after lie. This time, they need the price to be high so they can pay for an exchange listing. If you can't recognize scammers it's because you live an echo chamber. There will be multiple competitors in this space and fees will be reduced to almost nothing. If you look at competitors, they operate on blockchains that are built for smart contracts and can hold liquidity. It won't make any sense to use Stakenet, especially since it doesn't have access to fiat onboarding. I don't see how you can't see this. Like I said, do more research.

Live Coin hack was aPerfectly hatched plan to BTFO of fudding swingies while simultaneously making people realize that there's a fully functional LN DEX to use instead. Essentially BTFO of two birds with a single hacking russian. Perfect, and unironically bullish as fuck. (not for swingies though kek, enjoy watching your frozen xsn in Cryptopia 2.0)

It was night of the long knives. Only long term holders loyal to the dex will make it. Kikes attempting to day trade for a measly profit on the trap cex laid for them were eliminated.
Their timing is perfect as the CEXs have already shown that they shit the fucking bed during times of high traffic.

>XSN is not just inevitable. It is necessary

>>25671126
You learn to think with the other Trump tards?

- Exchange is paid for
- Sweet fees are sweet from dex. From Burning, transactions, hosting order books, trusted nodes.
- Lots of closed source, point me to 1 viable open source BTC-ETH L2 Bridge or STFU

I AM FORKING ALL ERC20 TOKENS TO PIC RELATED. FUCK MINERS
>fees will always be 0.01$
>fast
>all vet holders get a small percentage of every tx on the network
Fuck eth miners, parasitical chipmunks leech on eth fees leaving nothing for the rest of us and draining us. Controlled mainly by pajeet chinks they deserve to be ruined.

>>25659721
How do I withdraw fron whitebit in the US if I can't do their KYC verification

>>25671241
RIGHT ON THESE FAT CAT MINERS

>>25659333
>>25659811
>>25660088
>>25661100
>>25662622
>>25663011
>>25664400
>>25669633
>>25671233

What a blessed thread.
>All Checked & Witnessed

Wheres the source for this upcoming exchange listing? I'm tired of waiting lads. I just want the DEX to be released and the 100x moon mission to be launched.

WHERE THE FUCK DO I GET XSN

>>25671463
It's a lie. Devs got fucked by livecoin hack and will dump whatever's left on whitebit.

>>25671301
Sorry i'm in the EU - have you tried a VPN?
Beaxy is US registered you can put a limit order on there, they generally get filled.
>>25671463
The announcement channel on discord
>>25671574
I'd suggest trying Whitebit exchange in the 1st instance, has the most volume.
>>25671578
Lulz

>>25671574
Whitebit

Plenty of liquidity, will be way more once we get on a new exchange, but by then the price will probably have 5x'ed

I'm buying now, don't wanna risk waiting. Need my 3rd masternode

>>25671760
im in the US and i don't wanna verify my identity again anon

>>25671781
Then don't? Use the DEX. No KYC...

>>25671233
You know you lost an argument when you have to resort to childish name calling. Think about it. First, what is the point of the masternodes? They are completely unnecessary. There isn't any routing that's going on because that would mean that there are liquidity hubs. In order for there to be liquidity hubs, there has to be smart contracts. So you're essentially interacting with a lightning hub and a counterparty with a wallet. So a masternode network is completely unnecessary. There isn't a single masternode that is simultaneously running a BTC lightning node, of course with the exception of the developers and the BTC lightning node is separate from the XSN node anyway. Everything else is completely theoretical, but these devs are nobodies. They're not writing academic papers and developing infrastructure. They are just telling a good story to a bunch of gullible investors that don't understand the technology. The story is 'hydra.' Lol. Good luck with that. The other problem is since you can't have smart contracts, there isn't any access to fiat onboarding. This also has to do with the developers running a completely unregulated exchange. So you have a 'dex' run on obsolete tech with no fiat onboarding. It's called dead on arrival. You should have known better when the devs said that applications will be built on this blockchain. Also, to your last concern, if you've spent time in the discord, you know what you're saying is a lie. What does that say about you as a person?

>>25658605
Not buying Poo in loo token rakesh

>>25659333
>>25659811
>>25660088
>>25661100
>>25662622
>>25663011
>>25664400
>>25669633
>>25671233
Checked
>>25668437
Looping can't do native Bitcoin
>>25668184
Kek
>>25661303
>Selling the bottom
Ngmi
>>25661503
You had 3 years anon, time to pay premium prices.

Based stakeneets

>>25671991
Classic spew a bunch of shit and see what sticks. Or as we call it fake news.

If anyone has a paticular concern about any of these specifically LMK and i'll answer them.

Maybe trust LTC more than this retard
https://twitter.com/LTCFoundation/status/1075747217925922816
https://litecoindotcom.medium.com/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-network-19c37db23d70

>>25671241
You mean Cardano faggot

>>25671126
You smell like a blockek. Cuckwhisperer that you?

>>25672151
They say themselves that you have to wait until Hydra. I almost got scammed from this project too. There are way too many scammers in this industry. The problem is that people are so greedy that they have no problem lying or embellishing. Very few projects don't do this, but when a project tells the truth, investors leave. Use your brain. What is the point of masternodes if there is no routing of liquidity? Think about it. So, let's say I want to trade and I have BTC. I don't have XSN because it's a shit coin. I have BTC, so I need someone running a BTC node with sufficient capacity connected to a counterparty with liquidity. But here is the problem, there are no liquidity hubs in the XSN ecosystem. If there were, each hub would be its own Dex. Is this making sense yet? I'm sorry they scammed you. I almost got scammed too until I thought about it and it just didn't make any sense. Plus, they don't have any fucking money. A lot of times, that's what it comes down to. Never bet on a team that's broke. You should know this. This is one of the most common sense rules in business.

>>25671126
feign deez nutz nigga.

>>25672466
Checked and keked

>>25671159
FUCK SKADOOSH
FUCK SWINGIES
FUCK CZ
XSN MASTERNODE HODLERS ARE GOING TO MAKE IT

Another thing you can tell about scammers is when they're always agreeable. I've made this mistake too. I've formulated in my mind how the network should look and articulated it to devs only to have the agree with everything I said. But that's my own bias working against me, making it difficult for me to separate fiction from fact because someone is telling a lie. Just look at their behavior. It's just the people who invested in XRP and XLM and you can see that things don't add up and the teams are acting maliciously, but they are blinded by their own bias. People lie. Just don't get caught holding the bag and don't fall in love with your dreams because they are often no more than delusions.

>>25672871
>Scam
>Noooooooooo
>Walloftext.exe
>Posw scam!
>Reeeeeeeee

>>25673000
I just described why it's a scam. There is no point of the masternodes when all you need is one hub with access to a counterparty. The only point I can see is if people hold XSN and then each XSN node can be seen as a hub in its own right, but the only reason people would need XSN is if A) it replaces BTC (LO FUCKIN L) B) If there are apps on Stakenet (LO FUCKIN L). It's your money. It's easy to get scammed in crypto. It happens to us all.

>>25673084
>(LO FUCKIN L)
Verbose diarrhea.

>>25673084
The DEX itself is a dApp which will be ran by masternodes. What the fuck is it you don't understand?
XSN will increase due to the demand of holding it and profiting off of trading fees. Imagine if you could pocket the fees from Uniswap, or a centralized exchange for that matter, you'd make SHITLOADS of cash.

Whenever anyone trades on the DEX, the fees is traded for XSN, and distributed, meaning trading will trigger instant buy pressure.

Call it a "scam" all you want. This is one of the most EXCITING projects out there, due to the fact that they actually is solving the BIGGEST problems in crypto right now. Scalability.

>>25673084
>SCAMMMMMMMMM
>Noooooooo please believe my wall of text that i just made up
I didn't even read it kike.

Ltc partnership. Legit shit

>>25673331
What is it that you don't understand? So again, let's say I have BTC. I want to trade BTC for Eth, right? So in order to do that, I need to connect to a BTC lightning liquidity hub and then have a counterparty that has Eth. If I want to trade BTC for eth, I deposit my BTC into a channel on a BTC lightning hub with sufficient channel capacity and swap it for Eth. There is no XSN necessary in that transaction. The Devs say when Hydra is developed, Masternode holders will get a cut of the profits, but that means that each node is its own DEX with its own liquidity hubs. That is not the case, unless the DEX has only one token in it and the token is XSN. In that case, you could do routing for XSN and gain a fraction of the fees for the routing, but why would anyone want XSN? It just doesn't make any sense. Do yourself a favor and verify this on discord. Search for is every masternode its own dex, and you will see them answer affirmatively. Then search to see when this will be done and you will find that is when Hydra is completed. So how long are you going to wait? In the mean time, you idiots are basically pumping the devs bags so they can get exit liquidity. By the time Hydra comes around if ever, the market will have passed you by. There is a reason why this has not caught the eye of any institutional investors. It's not valuable. It's your money. If you can't really articulate how it works, then maybe it doesn't work. Think through this hard. If you have to explain how it worked to somebody, could you do it? Like I said, it's your money. If I were you, I would just keep track of everything the devs do for future reference. You can still push a civil case against them because there are some things they've written about that are provably false. When it comes to that point, I'll return to help you out because I fucking hate scammers.

>>25673775
The Dex is peer to peer you dumb pajeeet. Stop spreading lies and fuck off.

>>25673822
What do you mean it's peer to peer? It's actually not unless you're referring to BTC to LTC or other UTXO transactions. The lightning network IS peer to peer. Connext is not peer to peer. So what are you talking about?

>>25673884
>blah blah blah uto fud
>fud fud fud
>wall of text fud
Seriously kill yourself you gigantic faggot. Go back to the blocknet discord and stay there you homo.

>>25673915
I'm doing you a favor. I almost fucked myself by putting money into a similar scam. The biggest red flags to me are that they don't have any money. Money makes the world go around. Don't invest in projects with no funds. That's lesson number 1. If they had a reputable team, they could secure funding.

>>25674006
>im just trying to help you
>dont buy this 'scam'
Xsn has no real fud, it's just retards like yourself spamming bullcrap.

>>25674057
What do you think is 'bullcrap?' We can have a discussion.

>>25674111
>discussion
>scam scam scam
>wall of fud
>devs have no money (lie)
>devs have no rep (lie, devs worked with Ltc, raiden and connext and have been praised for their skill)
Kys ranjeet

>>25674111
Neck cuck

>>25674157
They don't have any money though. Was there an ICO? No, right? With other organizations, not only can I see how much they raised in the ICO, but often they have a multi-sig where I can view their funding because it's in an ethereum contract. For example, there is one organization that put money in that has over $100M that it hasn't touched yet, plus it has a team that has worked in industry and developed protocols and written academic papers in collaboration with other industry leaders. Even then, it's still a huge risk. This project is built on obsolete tech and the devs have a history of unscrupulous behavior. Plus, they're reliant on technology that is out of their control and hasn't been developed yet. They say this in their discord all the time, but for some reason it's glossed over. It was just the other day where I saw them in another project's discord feigning ignorance and trying to scam others. Look at YankeeRuin's history. The guy is a professional scammer. Look, at the end of the day, it's your money, but your comments show that you don't really understand the technology. Why don't you read more about it? If you're smart, you won't have to rely on the developers telling you what to believe, but you can view the code yourself and make that determination.

>>25674364
They get funds from the superblock every month once it's passed through nasternode consensus. I'm not reading your walls of text btw.

Listen, I made the same mistake. I'm actually pissed at myself because I do understand the topology of the network, but that makes me biased because I'll ask leading questions. If you ask a leading question, you may get a lie in return. I've never seen so much greed as when I came into crypto. My problem is similar to this one. The developer doesn't have control over the products that will make his ecosystem work. Stakenet has the same problem. They are reliant on things that haven't yet been developed yet. It's best to only invest in projects that may, perhaps, be incomplete, but rely on one core competency. Stakenet is trying to be too many things and even what's it's trying to promote, it can't do it until other people do the work which may or may not be done.

>>25674486
I'm genuinely interested, what are some of these core dependencies the devs have, that have not yet been developed?

>>25674486
Guys hes here to help you.. like out of pure goodness to save you from bad investments. He always did it himself and is here for you.. bahahahaha it doesnt even sound believable. Why are you here?

>>25674835
Well, specifically routing. And then, you have to consider, what is the function of it? The function would be to route from one liquidity hub to another, but the problem is that XSN blockchain could only theoretically hold pools of XSN liquidity. For example, BTC lightning nodes route BTC through the network through various nodes, so if each node was its own seperate DEX with pools of BTC liquidity, you could route it through the nodes. But who wants XSN? Well, you would want XSN if you ran Dapps on Stakenet blockchain, but that would mean you have DAPP where the payment for using that application is in XSN. What kind of DAPP do you think will run on XSN? Just think about off chain technology. What does that mean to you? If something is offchain, does that imply it makes transactions on chain or offchain? It's in the word. The problem is these guys are fucking scammers. They don't tell the truth. They don't really care though. If it pumps, they make money and who gives a shit if you don't, right? They can always implement Hydra in 5 years when someone develops it, right? But let's say that happens, then do you think the entire ecosystem will stand still? It sucks. There are a lot of scammers out there. These aren't the first and won't be the last. If you've been in crypto long enough, getting caught up in a scam is almost an inevitability. It's our own greed that gets in front of our logic. Usually though if something seems to good to be true...well you know the rest.