/biz/ - Business & Finance

>>21654085
Your key to end wage slaving

I am 100% all in on XSN, poorfag here who copped a sexy $900 MN in july 2019 and has been holding ever since. just checked in on my stack and my block rewards + some staking rewards has surpassed $1,000 now, and the MN is valued at $8,000-- lookin slick 8-) very exciting times for my fellow sexy stakies. i be diligently focused on deleting any need to wage salve so I can live a life where I chose to work a job for my own separate purposes and not to support myself. anyone here tested linux raiden? How's it turning out? I've been busy w/ life the past 2 weeks and never got around to checking out. I saw a .webm demonstrating it in action a couple days a go i think and it appears promising as usual.

>>21646771
100m is bare minimum when people find out you can swap any erc20 token with btc.

>>21619923

I hear the issue - in that how do you get rich if it's only a 10x?

I'd ask you to consider a few things
- in a BTC 10x, alts tend to more than 10x (as this current pump shows) - and the better alts tend to pump way more than 10x. So even if the bottom end is a 10x for stakenet, in a bull market you're looking at least at 10x10 = 100x (and likely more as it's a real product)
- As crypto grows so does the volume for exchanges. In reality no one offers anything as generous as stakenet's shared payout model, and the returns from small amounts of volume are pretty great for even 1 MN (see attachment)
- There is security in investing in a real project - in that having a more stable base for some investments really helps. Chase PnD's with a small portion of your portfolio and use some of it for stable gains. Got to manage risk, or risk going broke and never making it
- If you 10x here, you are only one 10x away from where you want to be.
- Whoever thought Link would blow the sky through - real projects sometimes just punch.
-

3+ masternodes... you'll make it easy. Like the equivalent of 17 full time jobs in Discord.

>>21540595
>continued

Or does anyone else have the formula for block rewards?

>>21421345
K

>>21359821
You would very likely be able to do it with just one.

Anon, you should expect a resting $100k/year with a single MN as your floor, even outside of the bullrun.
These numbers aren't difficult to comprehend on your own.

>>21352863
You heard correctly.
The numbers at the bottom of the chart probably won’t ever be reached but if you think something like $5-$10 XSN and $100m trade volume is unachievable, just remember that Uniswap alone gets almost $300m daily volume. I’m sure you saw all the threads complaining about the cost of gas yesterday and how slow unishit was being.
This will be the first truly good DEX. Low fees, no gas, off-chain so it can actually scale and not get congested like you saw yesterday, lightning and raiden integration...people will come to this DEX in droves.

>>21338418
XSN.
Get in while it's under 0,50$, before the DEX launches and raiden integration happens.
Also if you got 6k you can set up a masternode with collateral, and when it shoots above 3$ you'll be making more money daily than a minimum wage job.

>>21339829
The chart doesn't lie.

>>21309020
you can also stake and/or run masternodes using run by the XSN coin. and because L2 fees are so low, the fees get passed on directly to the node holders/stakers. If/when this reaches even uniswap levels of volume (though the target is to approach tier 1 CEX volume) the passive income from these features will be huge. all without the risk of holding some shitcoin sweet potato token

>>21274204

>>21211665

XSN

Some math for you /biz/.
The maximum supply of XSN at any one time is about 110 million. I’ll round up to 120 for easy math, which actually *worsens* the case for acquiring a masternode by a little bit.
A master node requires 15,000 XSN.
120mn/15000 = 8000 total master nodes that can be had (in practice, less than that since I rounded up by 10 million and there will be some free floating XSN not used as collateral for a master node). Conservatively, we’ll say that knocks off another 500 for 7500 total master nodes.
If you know anything about stakenet (read the damn whitepaper and check out the progress), you know it’s between 3-9 months away from becoming THE Dex since nothing else successfully connected all major chains via the lightning network to make currency trading, moving etc. faster and with lower fees than we’ve ever seen before. If you don’t buy the hype, DYOR. I won’t spoonfeed you on this bit.
But if you do understand how massively impactful this will be, think about it. AT MOST, 7500 people share 45% of the block rewards and fees of the network. And a lot of old /biz/ has multiple MNs bought up already (I have 4), so the number is even less. If you’re impatient, 10 MNs will probably get you enough passive income for six figures annual by EOY, maybe early 2021. A single MN will get you there EOY 2021 due to how few people can have a master node on this major network.

>>21155644
Checked and Based

This image is pure fantasy. Do not fall for it newfriends.


Why do Master(((Nose))) fags think they’ll make so much? Let’s do some basic math.
There’s just under 110,000,000 TOTAL supply of XSN right now. Not circulating, al of it in existence. Total. I’ll even give you an extra 33ish percent and call it 150,000,000 to make math easy, and it will still show how retarded you are.
One masternode is 15,000 XSN. 150,000,000/15,000 = 10,000. There can only be 10k master nodes if ALL TOKENS ARE USED FOR IT, I.e. there is no currency to process. So if you can acquire ten master nodes right now, you own 1/1000 of the supply. That barrier to entry isn’t that high (about $20-$25k as of this morning and it was much cheaper just a month ago). that means there are multiple mini-whales who already have ten MN worth, and early big whales easily own over 1-2% of the supply. People are going to stake MNs left and right. Who is actually going to bother using the free floating currency when so much of it gets locked up so quickly in staking?

>>21129995
Because that depends on how many nodes there are. Actually not even that, how many online nodes there are. Do the math yourself with the number of nodes online and the percentage of those nodes that you own. 1/1 masternodes will earn a lot more than 3/5,000 nodes. The pic is trying to simplify the numbers. Not create some million cell monstrosity like the mcwagie xsn pic.

This image is pure fantasy. Do not fall for it newfriends.


Why do Master(((Nose))) fags think they’ll make so much? Let’s do some basic math.
There’s just under 110,000,000 TOTAL supply of XSN right now. Not circulating, al of it in existence. Total. I’ll even give you an extra 33ish percent and call it 150,000,000 to make math easy, and it will still show how retarded you are.
One masternode is 15,000 XSN. 150,000,000/15,000 = 10,000. There can only be 10k master nodes if ALL TOKENS ARE USED FOR IT, I.e. there is no currency to process. So if you can acquire ten master nodes right now, you own 1/1000 of the supply. That barrier to entry isn’t that high (about $20-$25k as of this morning and it was much cheaper just a month ago). that means there are multiple mini-whales who already have ten MN worth, and early big whales easily own over 1-2% of the supply. People are going to stake MNs left and right. Who is actually going to bother using the free floating currency when so much of it gets locked up so quickly in staking?

>>21106587
yes sir

If you don’t get into XSN while MNs are relatively cheap (15000 XSN or about $5-6k right now), you will miss out big time.

This image is pure fantasy. Do not fall for it newfriends.


Why do Master(((Nose))) fags think they’ll make so much? Let’s do some basic math.
There’s just under 110,000,000 TOTAL supply of XSN right now. Not circulating, al of it in existence. Total. I’ll even give you an extra 33ish percent and call it 150,000,000 to make math easy, and it will still show how retarded you are.
One masternode is 15,000 XSN. 150,000,000/15,000 = 10,000. There can only be 10k master nodes if ALL TOKENS ARE USED FOR IT, I.e. there is no currency to process. So if you can acquire ten master nodes right now, you own 1/1000 of the supply. That barrier to entry isn’t that high (about $20-$25k as of this morning and it was much cheaper just a month ago). that means there are multiple mini-whales who already have ten MN worth, and early big whales easily own over 1-2% of the supply. People are going to stake MNs left and right. Who is actually going to bother using the free floating currency when so much of it gets locked up so quickly in staking?

This image is pure fantasy. Do not fall for it newfriends.


Why do Master(((Nose))) fags think they’ll make so much? Let’s do some basic math.
There’s just under 110,000,000 TOTAL supply of XSN right now. Not circulating, al of it in existence. Total. I’ll even give you an extra 33ish percent and call it 150,000,000 to make math easy, and it will still show how retarded you are.
One masternode is 15,000 XSN. 150,000,000/15,000 = 10,000. There can only be 10k master nodes if ALL TOKENS ARE USED FOR IT, I.e. there is no currency to process. So if you can acquire ten master nodes right now, you own 1/1000 of the supply. That barrier to entry isn’t that high (about $20-$25k as of this morning and it was much cheaper just a month ago). that means there are multiple mini-whales who already have ten MN worth, and early big whales easily own over 1-2% of the supply. People are going to stake MNs left and right. Who is actually going to bother using the free floating currency when so much of it gets locked up so quickly in staking?