XSN

[Anonymous No.22752456]

Prove me wrong: Stakenet has quietly had a major impact on the industry and it will spearhead some of the biggest gains in all of decentralized finance as the vast chasm narrows between the concepts its been inventing and building upon for years and the general understanding of these concepts grows and moves closer to the center and away from the fringes.
XSN threads were quietly on /biz/ all through the depths of the 2018-19 bear market. They were usually one-off generals.
Through 2020 and especially since June as the DEX progressed from private to open beta, there has been a notable uptick in XSN threads.
It's no coincidence that within a few weeks of Stakenet making some waves like
>aggregating orders from Binance, Livecoin, and Bitfinex's orderbooks
>getting one coin deposit working
>exhibiting time and time again - pretty much everyday - why Layer 1 is not a good idea for on-chain tx
It was only after this that you began to see ICOs come out of the woodwork offering the same ideas and concepts - on an ERC20, at that, and oftentimes backed by very moneyed and influential people who quite frankly should know better.
It's only been in the past few weeks that Layer 2 has become a popular topic of discussion. Now more and more recognizable experts are admitting L2 is the natural way forward, and with it comes the interest of those who bank on their word.

Don't let the experts "inform" you in another 8 months that building directly on Ethereum (rather than for Ethereum) and being co-dependent on its network and future plans for everything (rather than being independent) "might actually stunt" native interchain L2 interoperability.
For all the dedicated FUD threads, I've put this thread up at least 3 times before and no one could prove it wrong. XSN currently has an $18 million market cap. $18 million. Pic absolutely related.

[Anonymous No.22752488]

>>22752456
Spamming the same stale pastas doesn’t refute that this has been in freefall. See you at a nickel!

[Anonymous No.22752560]

>estimated time 20min

thanks just bought 100k

[Anonymous No.22752964]

>>22752488
>arguing about current price when the entire alt market went through the bloodbath
This is when you buy.
If you had anything intelligent to counter with, you'd be as relentless as you are with your cheap drive-by fud but you have nothing.

[Anonymous No.22753102]

Why is everyone so obsessed with defending the project? Let it bleed to 5-10 cent then buy it all up if you believe in it. You’ll be laughing long term if it pays off

[Anonymous No.22753196]

>>22753102
They already bought the top. Pockets are empty, they can’t buy anything, thus the rage. XSN started dumping weeks prior to the market imploding; current market trend doesn’t explain the long winding dump of XSN.

[Anonymous No.22753229]

>>22753102
>dont defend yourself when others go all out to attack you thats o b s e s s e d
k

[Anonymous No.22753292]

>>22753196
So did LINK. Doesn't mean they're scams or dead projects. It's just the market.

[Anonymous No.22753350]

>>22752456

[Anonymous No.22753355]

>>22752560
Thats on the initial swap with no channels premade, all other swaps would be instant.

[Anonymous No.22753371]

>>22753102
>why is everyone so obsessed with defending the project
emotionally invested for years. with little price action. then suddenly to watch their 24/7 shill campaign be meaningless as the price bleeds.
i'm sure whales sold at the top for an amazing 5x, lol. they'll do anything to get you to buy in.

[Anonymous No.22753400]

>>22753355
absolute bullshit and you know it. it's an open and close trade, as you can see on the webm. the balance goes back on chain.

[Anonymous No.22753586]

>>22753196
XSN's current trouble is a scarce supply combined with low trading volume on multiple exchanges. 1-2% of the supply is generally up for sale on Livecoin at a time and someone with a decent stack can use that to their benefit.
I believe the purposeful lack of institutional support that props up many other coins leaves it to suffer more volatility and fluctuate in price a lot more.
XSN being independent of that influence will work out well for it in the long run.

[Anonymous No.22753653]

>>22753196
>XSN started dumping weeks prior to the market imploding; current market trend doesn’t explain the long winding dump of XSN.
It does nigger and it's extremely bullish, xsn and link dumped before bitcoin, why? Because there are some bitcoin whales on both and they always know when the btc dump is coming and dump their alts before.

[Anonymous No.22753822]

>>22753371
>>22753400
>implying the thousands of redundant xsn fud posts made since we told you to buy at 600 sat are anything but a copefest and that CURRENT PRICE vindicates your months of effort attacking something you have no money in as bitter ex-whales who sold the absolute bottom at 3 cents
absolutely bullish :D
XSN $100 2021

[Anonymous No.22754192]

>>22752964
>>arguing about current price when the entire alt market went through the bloodbath
Factually incorrect. But if you insist, there are reasons beyond price action to not want to touch this turd with a 20 foot pole. 20 minutes for a transaction? Isn’t the whole point of layer 2 that it’s faster?

[Anonymous No.22754236]

>>22753229
The ratio of Xsn shill threads to shit talk threads is about 4:1 through 2020.
Obviously right now there’s more shit talk since the shills are wounded from this price dump. Quit acting like a kike and taking the “oy gevalt why do they hate us so” approach.

[Anonymous No.22754326]

>>22753400
Retard, it literally shows the channel fees in the webm.

[Anonymous No.22754555]

>>22754192
The 7d g/l for most of the top 100 is in the red. UNI crashed 50%.
>20 minutes for a transaction? Isn’t the whole point of layer 2 that it’s faster?
Have you ever used Uniswap? Do you like spending $40 in gas fees for tx that may not even go through? To complain specifically about initial on-chain -> off-chain fund swaps taking 20 minutes when Lightning swaps have very low fees and a near-perfect success rate for swaps is just foolish.

[Anonymous No.22754759]

I love that this is dumping I've been trying to buy $500 a month worth with all of my leftover wagie income after bills and this Friday is going to be a big buy. I'm getting close to my second MN and I'm really loving this. I hope it drops even more before then, dump dump dump = $$$$

[Anonymous No.22754807]

>>22754759
Good luck anon

[Anonymous No.22754811]

>>22754236
>implying XSN threads arent always spammed with fud from the get go
>implying fudders dont spam outright lies about XSN even when there are no threads about it or where no one is talking about it
pleb-tier mental gymnastics/10

[Anonymous No.22755276]

I will post this thread until it can be proven wrong.

[Anonymous No.22755306]

>>22752456
>>22754555
>>22754759
>>22754807
>>22754811
>>22755276
AIRDROP RIGHT NOW AT
TELEGRAM: TOYEETORNOTTOYEET

[Anonymous No.22756154]

>>22755276
You're fucking retarded that has to do with pol shills who are feds/paid to or are simply organized against good ideas. In biz more shills means less good. Fuck off with your shitcoin until you can learn to get proper help. You guys failed.

[mirror. mirror No.22756228]

FRONTIER

[Anonymous No.22756576]

money you will never see again

[Anonymous No.22756919]

>>22756154
>s-so what if I act exactly like a paid memeflag shill, this is a different board
XSN fudders froth at the mouth over nothing everyday. Now I guess it's time to froth over the context of a meme image with a frog on it.
>>22756576
I think XSN will more than likely test 5k sat before EOY.

[Anonymous No.22756957]

>>22756154
Yeah lmao this same discord imbecile has been posting this image in all XSN threads. No end to their idiocy.

[Anonymous No.22757044]

>>22756919
uniswap v3 and this shit goes to 0

[Anonymous No.22757203]

>learn this simple trick, XSN discord shills hate it!
https://unipig.exchange/welcome

[Anonymous No.22757263]

>>22757044
Uniswap is solely ETH/ERC20 and even if they eventually manage to implement L2, their ecosystem would only be a portion of what XSNs ecosystem offers.

[Anonymous No.22757366]

>>22756957
>>22757203
>ive been throwing a tantrum and lying about a project im not invested in for 3 months - here's why im the victim
lol k. stay desperate

[Anonymous No.22757453]

>>22757366
Literally have not lied. Try to change the subject bagie. Didn’t like the link I posted, eh?

[Anonymous No.22757466]

>>22756919
>Schizo thinks I have anything to do with this
We all hate your project because you handled it wrong, and your fundamental misunderstanding of a simple meme is evidence of that. Your guys' gymnastics are piss fucking poor.


>>22756957
This

[Anonymous No.22757688]

>>22757466
>your fundamental misunderstanding of a simple meme is evidence of ... your project ... because you handled it wrong
>Now I guess it's time to froth over the context of a meme image with a frog on it.
Exactly as predicted. You're frothing at the mouth over a meme image with a frog on it and using that as a basis to FUD an entire project while accusing me of mental gymnastics.
You have nothing of substance to argue.
>>22757203
Excellent.
>Industry slowly admits L2 is the right solution
>XSN is years ahead of the competition
>old FUD was about L2 never succeeding and the DEX being "vaporware"
>new FUD is about other projects trying to catch up to XSN months if not years late
Looking good.

[Anonymous No.22757727]

>>22754326
yeah, and it literally says open+close. it's fucking horrendous shite and you know it.
>hurr normies will use the uniswap style interface
>hurr normies will also wait for 20mins on a dex that can't swap your entire balance due to channel capacity collateral and price is dependent on dex+aggregators
>this will happen every time the 'normie' wants to trade unless they open channels themselves

not to mention, it's actual vapourware in the wemb. it's a mock up. i.e is still 'hurrr durr proof of concept. notice the values highlighted change when it goes to the next frame.

[Anonymous No.22757826]

>>22757688
Everyone point and laugh at the pseud trying desperately to grasp at straws because he couldn't understand a meme properly. He even used quotes to try and jumble up the message, horribly transparent my guy.

[Anonymous No.22757947]

>>22757727
People have called everything XSN does vaporware forever
>XSN cloud
>the DEX
>one-coin deposit trading
>Raiden
Do you think they developed all they did to quit now and not implement a simple interface atop their already-working tech? Silly proposition.

[Anonymous No.22757970]

>>22757727
Christ, not even going to bother kek

[Anonymous No.22758164]

>>22757727
Just think of the mindset to even release shill-clips like these.
>scrap together a concept in paint
>yeah, better post this as “coming soon!”

[Anonymous No.22758330]

>>22757970
>channels already open
>still uses your own collateral you'll never make money
>still market buys from a cex which controls the price rather than amm/oracles
>developers that want to run a dapp have to buy a masternode
>brb buying a masternode at $1.5mm to run a 'dapp'
>brb name a dapp that isn't a dex or cryptokitties

[Anonymous No.22758335]

>>22757826
>spending an hour getting triggered over a meme picture
>unconsciously prove the meme picture right - not only by lashing out at it and letting it make you act outwardly hostile - but also by using it to push a subversive agenda
I will have to repost that image in the future.

[Anonymous No.22759015]

>>22758335
lmao he still doesn’t get the meme. Went from retard to just sad.

[Anonymous No.22759651]

>>22757263
ever heard of wrapped bitcoin?

[Anonymous No.22759887]

>>22759651
XSNiggers have a frothing at the mouth hatred of wrapped assets. They don’t even know why they hate them, they just do.

[Anonymous No.22759985]

>>22759887
even when it's in their own whitepaper, which they tell you to read as indoctrination to the stakenet club.

[Anonymous No.22760039]

>>22759985
kek, you're not actually supposed to READ the whitepaper.

[Anonymous No.22760194]

Biz does what biz always do. Pour hate over projects because the price is going down. Just look at LINK, poor fella.
But sensible people understand that price action isn't a definitive telling of what the future holds.
You'd be stupid not to see the potential in this, just as with LINK or any other projects which all has taken beatings every now and then because this is CRYPTO YOU FUCKERS.
Welcome to the wild west of investing.

[Anonymous No.22760594]

>>22760194
>you would be stupid not to see potential in a team where 2 of the 3 biggest “marketers” are notorious PnD artists
>maybe if I claim we’re like LINK people will just believe me at face value
You’re right, LINK is worth investing in despite price action because it actually has high potential and public recognition. XSN is in the same tier as SUSHI.

[Anonymous No.22760791]

>>22760594
not quite, but close. A product nobody needs, nobody asked for and nobody will use. LINK is used extensively. There is a reason nobody beside pajeets shill something else, why the whole board is currently only LINK

[Anonymous No.22760871]

>>22760194
post link stack

[Anonymous No.22760956]

>>22760871
I've never held LINK lol. But I might enter soon as it's dumping lower and everyone here seems to love it.

[Anonymous No.22761017]

>>22759651
>>22759887
I'm all for wBTC and think its interesting how it competes with LN BTC. Stakenet DEX bridges Lightning to Raiden, therefore any asset wrapped on ETH is interoperable with any asset on Lightning. XSN directly benefits from both sides of that competition.
>>22760194
>>22760594
>>22760791
XSN has substance with tons of use and digits of note.

[Anonymous No.22761176]

>>22761017
I smell the burnt rice with curry through the screen

[Anonymous No.22761214]

>>22760956
>i don't hold link
>everyone here seems to love it.
that explains why your shill memes are fucking shit.
>>22761017
xsn is amazing sirs.
>but please, don't say anything negative in the discord or you will be banned
>only positive echo-chamber here

[Anonymous No.22761370]

>>22761214
Don't be unreasonable dude. I just picked another coin that gets a lot of love/hate. But of course that's different, link is your baby isn't it?

Also, I don't think many discords would accept such language. Don't be stupid.

[Anonymous No.22761424]

>>22761176
>>22761214
>discord screenshots
>namecalling
It's like 2019. Nothing new under the Sun.

[Anonymous No.22762084]

>>22752488
>down 25% in an environment where broad market is down 23.5%
lol k

[Anonymous No.22762146]

always the same fudders. you fucks are trying real hard to get some cheap MNs huh?

[Anonymous No.22762177]

>>22754192
already explained - 20 mins to get LN channel rental + coin swap.

channel rental only required once - subsequent swaps would be near-instant (<3 seconds).

[Anonymous No.22762218]

>>22756154
>implying centralized exchanges haven't organized against dex functions for years
What happened when blocknet tried to get listed on binance again? Oh yeah - that's right, their intellectual property got stolen from them.

[Anonymous No.22762457]

>>22762218

[Anonymous No.22762717]

>>22762146
Well if they are they’re clearly succeeding.
If this were such a revolutionary awesome orgasmic project like you niggers say, surely it wouldn’t bleed 70%+ in a month just from its own people FUDing it?

[Anonymous No.22762776]

>>22762717
tell that to uniswap lol

[Anonymous No.22763549]

This has been up all day and, for all the noise, not a single doubter has been able to make a convincing argument.

[Anonymous No.22763697]

>>22763549
>This has been up all day
Why lie? It’s down 4% today which isn’t a big deal but 20% on the week. You look bad for outright lying about something like that.

[Anonymous No.22763761]

Daily reminder that the masternode count keeps on rising/is steady as fuck despite the falling prices.

[Anonymous No.22763777]

>>22763697
I'm talking about this thread.

[Anonymous No.22764141]

>>22763777
checked

[Anonymous No.22764712]

>>22752456
I'll give this one more bump to see if anyone has some legitimate, convincing reasons as to why this isn't an investment in something that's groundbreaking and has an excellent development track record.

[Anonymous No.22764739]

We all lost all of our money when it was POSW. Thats why everyone still hates stakenet

[Anonymous No.22764761]

>>22764712
See
>>22764739
T. I once had 250k POSW at the height of cryptopia hype.

[Anonymous No.22765273]

>>22764712
Protip, they ain't got shit.

[Anonymous No.22765311]

>>22764739
>>22764761
I remember PoSW. I had a small bag (5k) early on. It got shilled aggressively on here into April and hit 25 cents iirc.
Then PoSWExchange got hacked and they had to delist PIVX. I staked PIVX and sprouted Bitbean on there. That delisting caused PoSW to crash into the ground, back to 3 cents.
X9 took the project over, swapped to an entirely new chain, and started working towards building XSN with much more advanced goals.
I think that transitory phase as X9 was taking the project over was partly responsible for PoSW's rise to $1 during the GBR.
By the time I swapped it for XSN on Livecoin, I think I had a little over 7k. I had that in a TPoS contract for months. X9 kept developing all throughout 2018 and through the time when BTC was barely hovering above $3k. That gradually convinced me to actually buy some (and eventually a lot) instead of just holding onto what i got in 2017.

[Anonymous No.22765664]

>>22752488
Aaaand we recovered. How are your other coins doing, Raj?

[Anonymous No.22765693]

>>22765311
Unfortunately, a scammed horse does not return to the same scam watering hole twice. It just is what it is. Most of us will never buy XSN because of what happened in the past. When its dead, its dead.

[Anonymous No.22765847]

>>22765664
>aaaaand we recovered
That’s not what the price says. Recovered from what, an hour ago?
Going from over 50 cents to 20 to 30 to 15 back up to 17 all in about five weeks isn’t what I’d call a recovery.

[Anonymous No.22765901]

>>22752456
>3.5% fees on poorfag transaction

LOL. I pay less on unishit. This dex ain't going nowhere, jeets

[Anonymous No.22766102]

>>22765901
Thats the initial fee to open the lightning channels for instant swaps. Fees after that are .2%

[Anonymous No.22766142]

>>22765847
It's been 20 cents for over a month. The whole market crashes and we're at 18c, better sell my whole stack right away.

[Anonymous No.22766162]

>>22766102
So how much would I have to transact for that to be worth it?
Answer: too much for daily transactions.
And people doing large quantities of trading won’t use this either, they’ll continue to use CEX’s with large liquidity pools* and even cheaper fees.
*i mean actual real liquidity, not the aggregator meme that still doesn’t exist

[Anonymous No.22766187]

>>22766142
Weird, Blockfolio says it’s down 49% over a month. Guess it’s lying!

[Anonymous No.22766209]

>>22766142
>posts that image
>as a thumbnail
Delicious irony

[Anonymous No.22766219]

>>22766162
Just like no one is using uniswap and only using CEX

[Anonymous No.22766244]

>>22766187
Guess you're retarded. What are price spikes? Price spikes? In a volatile speculative market? The funniest part about crypto gambling is that it attracts a bunch of autists who think they understand (or do) the tech but can't handle the uncertainty of the Stock Market on meth.

[Anonymous No.22766250]

>>22766162
>So how much would I have to transact for that to be worth it?

literally any amount will be cheaper than paying gas, try again

[Anonymous No.22766288]

>>22766244
>make easily disprovable claim
>n-no I didn’t mean it let me move the goalposts!
This is just getting sad.

[Anonymous No.22766327]

>>22766288
>Support at 20 for almost a month.
>Ackshually if you look thirty daes ago the price was higher than that so ackshually you are incorrect and commiting logical fallacies.
Go back.

[Anonymous No.22766601]

>>22766327
Yes, retard.
And it was well above 20 cents for many weeks prior to that.
This is as classic of a head and shoulders as it gets.
>shoot up after being dead in the water for a long stretch of time
>shoot up AGAIN, this is it guys! We’re going to the moon!
>falls back down to initial pump platform
(You are here)
>falls back down to dead in the water

[Anonymous No.22766608]

>>22758335
>spends hours getting lashed at for his bleeding bags
Fags hahaha

[Anonymous No.22766653]

>>22766327
>NOOOOO YOU CANT BASE YOUR OPINION OFF AN ABITRARY SET OF DAYS! YOU HAVE TO USE MY ARBITRARY SET OF DAYS!
You are exactly what the image you posted is describing.

[Anonymous No.22767201]

>>22758330
lol k

what's the alternative then? nothing on layer 1 will be more functional or less centralized, and no layer 2 eth option will exist anytime soon. optimism is the only viable alternative to raiden and it's not even functional in test for the scale at which a dex would need to operate, particularly an AMM.

stakenet will be first to market with game changing L2 tech, and will own first mover advantage.

[Anonymous No.22767403]

>>22766162
You pay for 1 on-chain transaction lol
It's literally a single on chain transfer (not a contract execution so guarantee <$7 at current prices), and then you trade as much as you have for as long as you have channel rented. the trades are max pennies in transaction costs, keeping a channel open for a week costs like $0.85. trade fees will be larger than your tx costs at 0.25%.

[Anonymous No.22767484]

>>22766601
Well golly I guess the XSN chart predicted the whole market dumping in that case.

[Anonymous No.22767772]

>>22766653
You are just as autistic. I said 20 cents for a month because for most of a month its been supported at 20 cents. You and tism' Timmy over here are the ones looking at exactly thirty days go.

[Anonymous No.22767799]

>>22767772
>because for most of a month its been supported at 20 cents.
But thats not what the graph shows.
The graph posted shows it held at 20 cents for about a week on its way down and then continued to slide.

[Anonymous No.22767816]

>>22763761
it'll get a decent bump once it's possible to manage masternodes from HW wallets too

[Anonymous No.22767852]

>>22767799
Ackshually

[Anonymous No.22767927]

>>22767852
>stop being pedantic!
>is now being pedantic
You won’t care because you’re just a retarded discord shill but you’ve proven my point. Thanks!

[Anonymous No.22767960]

>>22767852
>if I zoom out the scale they won’t notice those are 25% swings all the way down!
I’m now 99% sure you also think this is a dumb project and are just larping as a retarded holder. Relieved to know you aren’t that stupid.

[Anonymous No.22767974]

>>22767927
Of course. You go on and on about precision when it doesn't matter:
>actually a month is thirty days and you're point only holds for 25 days hur dur
then when someone makes a point that requires it they aren't even close to accurate.
>>22767799

[Anonymous No.22767998]

>>22767960
That's the default scale on CMC, take your meds. My point stands.

[Anonymous No.22768344]

>>22762717
Uniswap called, you dumb nigger.

[Anonymous No.22768508]

>>22765693
>full faith in PoSW
>skeptical of XSN
In that instance, we are reversed. I was skeptical of the first, increasingly bullish on the latter.
>>22765901
What you pay on Uniswap every trade is what you may spend on Stakenet for your first trade. How exactly is this bad?
>>22766608
>stalks XSN threads because he.. doesn't like it?
Ok then. Still no convincing arguments. XSN still on top.

[Anonymous No.22769201]

SCAM

[Anonymous No.22770383]

I'm done 70k usd. Now I can't even repay my loan even if I sell my original mn stack in addition to the stack bought on loan. We are dumping % wise faster than inflation too so block rewards won't even save me. What happened to the shills and trannies that made great promises?
>$1 eom
>$5 eoy
>$10 hydra
More like my ass eom, I am very sad now.

[Anonymous No.22770593]

>>22770383
yeah wow you should probably just get out while you can; didn't you hear it's going to zero?

[Anonymous No.22771018]

>>22770383
It saddens me to see that some of you are actually this fucking stupid.

[Anonymous No.22771131]

>>22770383
The whole market is down. Just hold and go start a new video game campaign.

[Anonymous No.22771172]

>>22757727
This post answers OP's question. Now the burden is on OP/shills

[Anonymous No.22771279]

>>22771172
>tfw no question marks in OP
Are you sure you know what thread this is?

[Anonymous No.22771721]

>>22761214
That heisenberg fuck is spaming boomer conspiracies all day. How wasn't he banned yet?

[Anonymous No.22771744]

>>22771279
>Prove me wrong:
You're a fucking brainlet

[Anonymous No.22771780]

>>22771744
>OP insists someone proves him wrong
>anon suggests his question was answered

[Anonymous No.22771893]

>>22754555
maybe when they decided to release uni they decided to take their own operation to the next level after 5 billion starting parking on their platform. you know how easy it is to make an erc20 hense the airdrop and ((((paid)))) exchange listings.

[Anonymous No.22771930]

>>22771131
How do I do that? Is it worth it?