XSN STAKENET

[Anonymous No.22694475]

Should I double down and get a master node? 9 XSN a day doesn't nearly seem worth it.

Will the masternode really be worth that much one day?

[Anonymous No.22694574]

>>22694475
a wee bit overpriced nowadays, wait some more

[Anonymous No.22695548]

>>22694574
You think getting a masternode when its lower will pay off one day?

[Anonymous No.22696162]

>>22695548
Think about it this way. Right now a MN pays out about 1.10/day at these low prices. So get one now and if it even gets to two dollars you are looking at about $11 a day and that without the trading fees MNs eventually get. Its low risk / high reward as it gets.

[Anonymous No.22696224]

>>22696162
Ok thanks for the perspective. What are your price predictions for XSN? Where could it realistically go up too?

[Anonymous No.22696382]

>>22696224
I really cant say. I think right now is the lowest. There are a lot of MN holders who are just in it for the long haul so they are not going to sell. A large percentage of the coin is just off the market because of that. They just updated their core wallet and had everything running as normal within in one day (which was good to see). Raiden is supposed to come within the next two updates and when that comes the price will go up. I would venture to say that with the update that includes Raiden, XSN will breach 8000 Sats.

[Anonymous No.22696404]

>>22696224
Anywhere from 18$ - 50$ once,/if working product.

[Anonymous No.22696412]

>>22696224
If it gets the same volume as Uniswap, you're looking at potentially $100+

[Anonymous No.22696523]

>>22696224
>>22696404
>>22696412
I should say 8000 Sats is my very conservative belief. As in 8000 Sats will be hit. But like these guys are saying, if this works and is user friendly the sky is the limit. It could be life changing.

[Anonymous No.22696569]

>>22694475
well the plan is that token/coin creators will be able to buy masternodes and run them as exchanges/dapp services. so they'll never be *that* expensive that they would be out of reach for that. so, i say long term it's like $1.50-2/xsn. if you've got a suicide stack of nodes that's not too bad revenue per day.

[Anonymous No.22696612]

>>22696569
How many nodes for a suicide stack?

[Anonymous No.22696823]

>>22696612
i say 15 but others have said as little as 3 and others say 50. so just got to figure out how much one is for you.

[Anonymous No.22696992]

fucking idiots don't realize this is the next ethereum.

[Anonymous No.22697116]

>>22696382
ETH deposits are supposed to happen within next 2 updates. Raiden has no date. Stop lying you fuck face

[Anonymous No.22697133]

>>22696992
Should I focus on getting a stack of master nodes or should I focus on getting XSN coins?
How much XSN for a make it stack?

[Anonymous No.22697232]

>>22697133
Someone post the chart

[Anonymous No.22697716]

>>22697116
My bad, you are right. Thanks faggot.

[Anonymous No.22698104]

>>22697232
What chart

[Anonymous No.22698503]

>>22698104
Bumping for answer to this>>22697232

[Anonymous No.22698525]

[Anonymous No.22699372]

Livecoin turn the fucking bots back on, what the hell???!!

[Anonymous No.22699396]

If you're able to trade from Ledger/Trevor which they have in the plans, normies will be all over this

[Anonymous No.22699434]

>>22696823
>15 MNs to make it
What the fuck dude, if this even gets half of uniswap volume a single node generates 200 a day, what the fuck how is 15 a SUICIDE stack? 1400 a week completely passive income is making it, and that's just with 1. How fucking much money do you need to not neck yourself?
PS expecting the dex to only reach half of uniswap volume is mega fud.

[Anonymous No.22699440]

>>22694475
Is selling some free uni I got to get a stakenet MN a good move right now?

[Anonymous No.22699472]

>>22694475
Did they really just steal the logo from the Scottish Qualifications Authority? Lmao.

[Anonymous No.22699504]

>>22699396
No one gives a SHIT about ledger or trayvon wallets. People are acting all excited because it's the current "update". Same as the excitement for Beaxy--that fucking died quick!

[Anonymous No.22699527]

>>22697232

[Anonymous No.22699541]

How many do you actually need for a master node anyway?

[Anonymous No.22699596]

>>22697232
spam filter says I have to put text here

[Anonymous No.22699605]

>>22699504
If you expected anything from beaxy, youre a fool. People were saying more exchanges wouldnt do anything months/weeks before it was announced

[Anonymous No.22699621]

>>22699541
15k

[Anonymous No.22699630]

>>22699440
definitely. Did just that. Sold my Uni for $2600 and finally got myself a MN

[Anonymous No.22699653]

>>22699541
15k, or about .33 BTC

1 BTC would likely net you ~$100k annual income if the dex sees $125MM in volume

[Anonymous No.22699750]

>>22699541
1500 +150 XSN if you want to use the masternodes as a service on their cloud.

[Anonymous No.22699920]

>>22697133
1 MN suicide
3 MN make it
10 MN fuck you money

[Anonymous No.22699955]

>>22699504
not excited about being able to stake/run MNs from hardware wallets. If you're able to trade from them that's a different story

[Anonymous No.22700009]

>>22696162
>a MN pays out about 1.10/day at these low prices. So get one now and if it even gets to two dollars you are looking at about $11 a day

1 XSN woudn't be 2 dollars?

[Anonymous No.22700012]

>>22699504
True. People just looking for something to hype.

Would not expect any real price action until Raiden release.

[Anonymous No.22700018]

>>22699955
>run MNs from hardware wallets
literally not happening.

[Anonymous No.22700042]

>>22700009
why not? With decent usage on the dex shitcoin devs will want a node so they can run a hub.

[Anonymous No.22700102]

>>22696992
It is more co-operative with ethereum than its competition, right?

[Anonymous No.22700130]

>>22699955
You can stake from hardware wallets but your computer needs to be on for the MN

[Anonymous No.22700137]

>>22700018
>literally not happening
Check the latest update. Even my trezor started staking yesterday.

[Anonymous No.22700139]

I don't get why they bother with the current fork to be honest. It's like the pipedream of developing LN hardware or some ridiculous shit they have on their roadmap, just scrap the waste and focus on what's important--shitcoin trading on the lightning network.

[Anonymous No.22700175]

>>22700137
like I said, you can't run masternodes from the HW wallets; it's not included in the update.

[Anonymous No.22700179]

>>22700018
Will be finalized October 8.

[Anonymous No.22700198]

>>22700130
No it doesn't unless you're hosting from your home PC which is dumb. I pay 3.50/month per masternode to host with a company

[Anonymous No.22700207]

>>22700139
Honestly guys be real. If I buy a masternode, what are the chances this will actually be profitable?

>What are the pros and cons of Stakenet right now. What are the chances of them succeeding and failing at the moment

[Anonymous No.22700264]

>>22700175
You said staking, not MN dumbass. Of course you can't run MN on HWs, at least not in a few years when VPS technology has improved a bit.

[Anonymous No.22700357]

>>22700264
learn to read you stupid shill.

[Anonymous No.22700365]

>>22700207
50/50

[Anonymous No.22700403]

>>22700139
Dex has always been a part of a larger project, it's essentially the funding for everything else they have in store since they had no ICO or premine and what enables the rest of it to function down the line. They're clearly working on it as their only real priority and if it doesn't succeed nothing else will, it's essential to the entire ecosystem.

[Anonymous No.22700421]

>>22700207
>What are the chances of them succeeding and failing at the moment
honestly it's out of their hands. if eth 2.0 gets delayed to infinity, they might make it. also a colossal failure on Uniswap's part on L2 implementation is required. If these things happen, it's an easy 100x.

[Anonymous No.22700489]

>>22700198
Why is hosting from your own pc dumb?

[Anonymous No.22700643]

>>22700421
It'll moon if it implements layer 2 before uniswap though

[Anonymous No.22700775]

>>22700643
Is uniswap even planning on making a layer 2 dex?

[Anonymous No.22700796]

>>22700775
No idea. Stakenets building one from the ground up, not sure how easy it'd be to implement it onto a layer 1 DEX without starting again

[Anonymous No.22700832]

>>22696612
I always think it's hilarious to see some people here saying double digits is what you really need to make it.
1 MN is suicide stack
3 MN is make it

[Anonymous No.22700885]

>>22700796
https://unipig.exchange/welcome

[Anonymous No.22700924]

>>22700885
Not something the stakeshits like to see, but worth noting.

[Anonymous No.22700929]

Only complete idiots think anything Uniswap is doing will compete with X9.
XSN's DEX is going to work in conjunction with Raiden AND Lightning.
Bridging both of these ecosystems is not planned by anyone else.
XSN will be top five by EOY 2021.

[Anonymous No.22700995]

>>22700643
Layer 2 is a lot more complicated than people think imo, pretty sure every project claiming to be is just emulating it with a shit half baked solution except XSN.

[Anonymous No.22701069]

>>22700885
Ohh interesting, I still think stakenet will be a better platform though. Maybe im delusional

[Anonymous No.22701426]

>>22700403
Are you unaware of the millions of coins they minted late last year? If I remember correctly it was 7 million. So they're either running a ton of the current active MNs, dumping regularly, or some mix of both. They're not hurting for funding. Keep in mind I'm not saying they shouldn't make money. But you need to do more research on this project if you're going to invest.

[Anonymous No.22701490]

>>22700018
staking and MNs from hardware are basically the same level of hype, which is unimportant desu. but trading from hardware would be sick

[Anonymous No.22702042]

>>22701426
The mint they did was such a small amount of funding I'm surprised they didn't do more honestly. You do realize almost every project starts off with 50%+ in their own wallets? 7mil xsn at current prices is fuckall, not to mention what it was when they minted, I'm shocked they haven't asked for more yet.

[Anonymous No.22702285]

>>22700207
Depends on a lot of things - you'll be in profit in one of two scenarios:
>Dex becomes successful (>$50MM volume per day)
>Price appreciates meaningfully (obviously)

Right now price point is $0.20, which is the lowest it's been in several months - there was a very short dip in August to below this price point, but unlikely to occur again unless the project gets abandoned or public release is a total shit-show.

If you decide to invest you really should join the test group so you can get early access to the product and evaluate your exit point prior to full public release.

I doubt the product itself will suck - the real question is marketing & long term adoption. There is discussion that this could work as a back-end system supporting numerous other dexes seeking layer 2 solutions - if this dex is successful upon release, that's a very real possibility, which would speed adoption and really push volume through the dex, which is ultimately what feeds XSN holders through buy pressure due to token purchases made with trade fees.

It's a pretty elegantly-designed system, all in all, and while it's risky, the team is highly regarded and has been successful thus far in implementing on their goals. Technically, I have no concerns the dex will function soundly, and given pace of delivery would expect full public release sometime in the next 6 months or less (PoC for raiden is complete, now it's just implementing user functionalities and testing the final product, which is primarily performed by the community).

[Anonymous No.22702323]

>>22700885
Neato.

Synthetix demo'd something similar like 6 months ago, built on Optimistic roll-ups. I'm intrigued; will either be ready for public release anytime soon?

[Anonymous No.22702354]

>>22701426
>dev team asks for 7% mint to pay for development costs

yep; now compare that to unishit's share of their airdrop, or Sergey's share of LINK.

lol

[Anonymous No.22702558]

>>22700489
Because you have to leave your PC on 24/7 to run the node

[Anonymous No.22702873]

nobody is gonna buy a MN for 30k$ to run a dapp which he can run for 100$ - 200$ on eth, you are delusional. keep holding this shitcoin while everyone is taking money from degens on uniswap

[Anonymous No.22702959]

>>22701426
these coins were minted for the sole purpose of not being able to sustain development because of the bear market. I don't think the devs have access to them unless a vote passes. They're supposed to be burned EOY

[Anonymous No.22703117]

>>22702873
yeah man i really don't understand that either and it stopped me from putting more than 50% of my holding into it. especially when it's a big part of what they talk about in the future, ask yankee. however, i got in before the /biz/ shill campaign really took off so it's kinda meh to me at this point. i'll leave them running and see what happens.

>>22699434
making it for me is my own private island. i've said in these threads before but yeah everyone has their own idea of making it. i sold 60% of my 6 figure link stack at the top looking to buy back in on something, and unless something comes out with 'lmao muh l2' soon, i'll just rebuy link.

[Anonymous No.22703269]

Wait so to run a dapp you need a node? That's gay.

[Anonymous No.22703289]

>>22703269
dunno. ask in discord

[Anonymous No.22703325]

>>22703289
I don't use discord. Guess we'll never know..

[Anonymous No.22703857]

Do I have to wait a whole 5 days before I'm getting block rewards again? The core update fucked my mn's and I had to work last two nights 13hr shifts so I was too wore out to update. Kind of pissed I might have missed out on the temporarily higher rewards by being 3 days late updating and restarting. Once I finally will myself out of the bed I'm going to start fixing it. Currently it should be 8.3xsn/day per node on average, 20% roi. A nice bump from the 5.3/13% we were at prior to devs breaking the network with last update. Hopefully I'll be able to manage my nodes from my ledger soon and won't have to worry as much about keeping track of backups.
If I were not closing on a house in two weeks and locked in 3 more months rent I'd be buying another 4 MN to round off to 25. Imo 1mn suicide, 10 make it. If you want to use closer to fiat prices for chainlink equivalent that would be 1mn suicide stack 3mn make it stack. Assuming you bought at $0.05 and $0.2.
I expect to see something come from xsn but I'm impatient. I'd like to have a bit more than double my accumulation target so I can cash out without guilt or greed for selling myself short. Had I not gone back to school or chased and married a discord bitch I'd have stacked about 150k link.
Sell targets for me are $2, $5, and $10 if me can get there. The rest will ride and I'll have pulled out $1mm to wipe debts, fix up or sell and buy another house, and rest in betterment ETFs. I'm counting on lirk/xsn/vanguard to get me to early retirement and at this point I don't even care if I'm just living on 40k/yr I hate my job and must get out. $50/hr sounds like a lot until you've been doing it a few years and you learn the value of time. It's worth more than money when passive income exists.

[Anonymous No.22703892]

>>22703269
That's how the network was designed. It's decentralized so how else can you expect to run a dapp and reach consensus? End users can still connect and interact without owning a node.

[Anonymous No.22704008]

quit the middlemen, buy raiden network token

t. 1 MN XSN whale

[Anonymous No.22704061]

>>22703892
yeah but i think he's thinking like me. so who the fuck is going to pay $450k for a node to run their own dapp. unless that dapp is highly profitable, which may be so. but, kinda a high barrier to entry for lesser teams.
>>22703325
if you want just dca into it. you know that pump when we're all able to trade btc/erc20 is gonna be another huge pump for it. you'll make money and you can sell high or if the price stays steady after, wait it out and have extra income from your nodes to buy more shit.

[Anonymous No.22704067]

>>22698525
Is this chart legit? Only $500 million marketcap and you'll make $30k yearly just from one MN?
Anything stopping XSN from reaching that marketcap realistically?

[Anonymous No.22704114]

>>22704067
Left is based on the Masternode rewards every 30 hours, right is based on DEX volume. Would need 1.2 billion ($12/xsn) MC for 30k from only masternode rewards.

[Anonymous No.22704124]

15k XSN for about $3000. i missed out on getting a darknode for renbtc.

[Anonymous No.22704171]

>>22704067
That's crazy, 30k a year for just 1 MN is epic

[Anonymous No.22704458]

>>22704061
A node is like 3k bro, I doubt we're seeing $30xsn the second the network is polished and people start to write dapps. Suck off a guy like me and maybe I'll go in cahoots for a hosting fee, or use another blockchain if you just have to release that dapp and we suddenly find ourselves at 3b valuation. I'm guessing you did the numbers on your dapp and can tell if it's worth the entry fee. Dex is cool but it's just a small blip along the way for what xsn wants to do. They are, laying the framework for a whole suite of dapps.