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/biz/ - Business & Finance


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26371276 No.26371276 [Reply] [Original]

DEX incoming. Fudders begone

>https://orderbook.stakenet.io/monitor/BTC_USDT

>> No.26371404

TOTAL VOLUME
$ 1,753.57 USD0.05405859 BTC

Is this a joke OP?
Ghost chain
Ghost token
Crushed NEET dreams.

>> No.26371577

>>26371404
>we are preparing bots to stress test
Still in internal testing. Are you really that mongoloid?

>> No.26371672

>>26371276
"We are preparing the trading bots to stress test #BTC<>#USDT which will showcase the $XSN DEX's capabilities in handling high frequency trades (tx/sec) utilizing the Bitcoin #LightningNetwork, ETH L2 and our newly added
@ConnextNetwork
client to compete with centralized exchanges"

>Fake Dex volume
so typical in XSN
they even have the audacity to tell it straight to the investors that they are getting scammed.

>> No.26371789

Whats that I hear in the distance?
it sounds like the cries and tears from the blocknet blockeks

>> No.26371857
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26371857

>>26371672
at this point I don't even know if its bad fud or you're just retard.

>> No.26372184
File: 37 KB, 595x402, chainlink.png [View same] [iqdb] [saucenao] [google]
26372184

Maybe Chainlink added next? Just wondering....

>> No.26372209

>>26371672
that's the reason why no one in the crypto space gives a fuck. no one cares that a bot can trade back and fourth a $1 trade a million times.

it's all a load of shite. ergo price dumping, again. repeat of summer last year.

>> No.26372321
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26372321

I've been in this space for a while and I am known by my peers as quite the crypto connoisseur.
My track record speaks for itself. I bought ether at $2, XRB at $0.01 and chainlink at $0.16.
I always do my due diligence and I take great pride in being a very thorough investigator - always with a keen eye for important details that others tend to overlook.

After going through Stakenet and everything related to its core project, I found nothing but red flags. The DEX is both ambitious and intriguing at first glance, but when you take a closer look, you will find shocking revelations - if you know where to look.

1 - the XSN blockchain is a hardfork of the previous scam project PoSW. Usually these hardforks are community driven and want to continue their own way without the criminal devs.
In this case however its the devs themselves who did the hardfork. This way they get to scam the same community TWICE with the same blockchain. They dont have to go through the effort of establishing a new community for their next scam - remember, this is often the most time consuming stage for a scammer.
If you disregard all the immoral implications that follows, its almost commendable what they've achieved.

2 - The team controls a massive share of the supply. I indexed the blockchain via their block explorer and found a strong correlation between the top 100 wallets and amount of time spent before they vote on governance votings.
This is just sloppy on their part. What this means is that once they've created a governance protocol to vote for, they will go to their wallets/nodes and cast votes in their favor (usuall treasury unlocks for team etc).
The top 100 wallets are with a 0.97 accuracy always the quickest to vote, within minutes every time. I assume they've made some sort of program that automatically casts the vote on behalf of all the nodes so they dont have to do it manually.
These wallets account for close to 40% of the supply. Highly problematic!

>> No.26372334

>>26371857
Say whatever you want. The fact is that whoever is posted the beta dex stats without the "we are preparing the trading bots to stress test #BTC<>#USDT which will showcase the $XSN DEX's capabilities " is gonna be mislead.

This is misleading to new investors. If they want to stress test with bots they should remove it from the dex stats.

>> No.26372378

>>26372321
3 - The community is very racist. In their discord, XSN is often referred to as "only for whites!" and slogans like "1488" is thrown around constantly.
Furthermore, if you ask a question in their help channel you first have to provide a picture of your hand before you get any answers. If your hand is melanin rich the community leaders will either give you a false answer or outright ban you. For instance - the other day some fellow from Kenya came in and wanted to know how to deposit XSN to stakenets cloud staking service.
After providing a picture of his hand, Jopark (one of the admins) gave him the burn address instead of the cloud staking address. Poor guy lost 100% of his crypto portfolio cause the recent shill campaign on /biz/ convinced him to go all in.

If you have mistakenly bought in to Stakenet, i must strongly advice you to sell. The price will most likely continue to trend downwards until it floors at 5 cents.
Reason being that the team is continuously transferring coins from the treasury to bitfinex under the pretence of "providing liquidity".
I have said what i came here to say, now the rest is up to you. good luck.

>> No.26372525

>>26372378
desperate shill
The problem with XSN /biz/ community is that they never fully reply to FUD arguments. Also they are very rude. Very bad vibes.

>> No.26372613

>>26372334
>we are preparing bots to stress test
>you can see the live results in our DEX stat page

So your fud is... everything is working properly but they are showing trades that were only supposed to be tests and not for the public? geez..

>> No.26372955

>>26372525
I was replying to them for a while, but it's the same fucking copypasta over and over again. And now, they're saying equally retarded nonsense of:
>THEY ARE TESTING? THEY CAN'T MAKE LAYER 2 ON DASH THESE TESTS ARE SMALL IN SIZE! DEAD PLATFORM! DEAD DEX!
Even though the DEX isn't even out yet.

>> No.26372993

Receiving address and sending addresses are now decoupled.

>> No.26373561

>>26372993
Damn, I'm selling all of my XSN now

>> No.26373754

>>26372321
>POSW FUD
Aston Martin hires you to design a car. You sculpt the body, you develop a new type of suspension, construct a brand new engine from the ground up. 1000 tiny things to improve on everything that exists in the automotive industry. Then Aston Martin goes bankrupt and you're left in the cold.

Do you continue the dream and build that car yourself from all the work you've already done, or do you burn away any record of your progress from the earth and from your mind and start from scratch again.

OF COURSE they forked PosW, they tried to make the best coin out there, they then DID, until it was ripped from their hands. Only the best parts of that legacy continue in XSN.

Get better FUD, its embarrassing

>> No.26373986

Oh you put pepperoni on Pizza, why not come up with something new instead of forking 500 year old technology

>> No.26374122

>>26373754
>construct a brand new engine from the ground up.
Anon, I... Nobody told you PoSW was a DASH fork? I practically live and breathe code, my friend. I don't have to spend many minutes on Stakenets github to see that it's all copy paste and spaghetti code.

>> No.26374414

Listen. Here's the thing: There's shit EVERYWHERE in the XSN developer hut. Just shit smeared on the desks, tables, shit on the door-knobs, shit just fucking everywhere you can imagine. Diaper took of his DIAPER and is just SHITTING all OVER. The devs are fucking SWIMMING in shit. There's so much shit just floating everywhere. The server racks are fucking filled with shit. Shit is FLYING out of Diapers ASS! Shit is flying out of Diapers ass!!

>> No.26374543

Bitfinex just fucking enabled code red, because there's shit all over the Bitfinex server room. THEY FOUND OUT THE SHIT IS COMING FROM XSN TRADING. Shit is COMING out of XSN's ASS, fucking EVERYWHERE. Bitfinex is FUCKED with SHIT. Every coin on Bitfinex is in SHIT. Paolo is fucking ANGRY as fuck!

>> No.26374553
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26374553

>>26374122
Source: dude trust me

>> No.26374639

When the fuck is this shit going to pump? Release the damn thing already, it's been 3 years!

>> No.26374708

>>26374639
Welcome to "developing a new technology instead of copying a fucking erc20 layer 1 exchange".

>> No.26375139
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26375139

>>26372378
oh no no no

>> No.26375361

>>26372378
>3 - The community is very racist.
i thought we were pajeets and therefore incapable of being racist

>> No.26375562

>>26374708
Kek @RBC

>> No.26375620

>>26374708
Based

>> No.26376674
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26376674

>>26375562
>erc20 wrapped shit like any other shit dex
Sorry anon, you're dumb.

>> No.26377249

Diaper has SHIT in his ASS!!!! FUcking shit-ass!!

>> No.26377516

>>26373754
Stakenet is a fork of Dash. Who gives a fuck?

It's shit.