[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 1.06 MB, 1160x630, vortex5.png [View same] [iqdb] [saucenao] [google]
21998081 No.21998081 [Reply] [Original]

Let's reassess XSN.
>less than 1% of the supply available for purchase
>5.58 million XSN locked into 372 new MNs since early July
>peak MN count even though it took a beating in the markets
>constantly built and delivered throughout the bear market and continue to do so through the DeFi bubble
>DEX is now in open beta
>ERC-20 on the way in co-op with the Raiden devs
Relative to the rest of crypto, I'd say the current buy/sell pressure is almost irrelevant as this is extremely undervalued until it breaks $1. This project will likely have much further upwards price discovery.

>> No.21998418

>>21998081
holding 10 mns til q1 2022
make it anons :D

>> No.21998449

>>21998081
>MN count increasing though price is down
Whales accumulating while weak hands sell for a loss. Story as old as time

>> No.21998467

>>21998081
First for niggers tonguing my stinknet

>> No.21998603
File: 87 KB, 1576x860, mncount.png [View same] [iqdb] [saucenao] [google]
21998603

>>21998449

>> No.21998849
File: 18 KB, 932x384, pressure6.png [View same] [iqdb] [saucenao] [google]
21998849

Pressure's getting weaker. We shall see.

>> No.21998887

>>21998603
Also seeing the top 30 wallets haven't moved any coins just adds to the idea that only weak hands are selling. Just hoping we can find a bottom soon once all the moonbois are shaken out

>> No.21998886
File: 40 KB, 600x600, 79437922-47C7-4FDA-BE5E-BF29EB7FFD85.jpg [View same] [iqdb] [saucenao] [google]
21998886

>>21998603
STONKS

>> No.21999426

>>21998886
>>21998887
This is a buy and hold until we see the peak of the DeFi bubble. I don't think we've even scratched the surface of that one as ETH 2.0 isn't even out yet.
I low-key think we might get to Hydra before ETH 2 launches but it's just heresy.

>> No.21999475

>>21998887
Turks are selling and that’s a good thing, sooner those street shutters fuck off out of XSN the better

>> No.21999486

>>21999426
Just wait until Labor Day if you’re a burger and access your options then

>> No.21999514

>>21999475
What wrong with the Turks? Fucking roaches the lot of em

>> No.21999782

>>21999475
>>21999514
I heard there was some Turkish FUD going around and a lot of them fell for it. One of the whales who exited in June at around 785 sat was an impatient Turk.
>>21999486
Why Labor Day?

>> No.21999834

how does this project finance? they will need a lot of money to keep going and deliever on the roadmap

>> No.21999903

>>21999834
10% of block rewards go to a Treasury.
Devs propose a budget.
Masternodes vote to pass the budget.
The more they deliver on making XSN useful, the higher it's market cap will become and the more funds the Treasury will have at their disposal.
This should help expedite the development of the roadmap over the next year.

>> No.21999940

>>21999782
Idk just a guess no rhyme or reason >>21999834
they are funded by treasury and probably private investors which goals coincide with the projects under the principle that they are not control

>> No.22000016

>>21999782
I paid a Turk youtuber 0.25btc to say XSN was a scam with no tech and he did. Sent the Turks into a spiral and I get to scoop up cheap XSN

>> No.22000114

>>21999903
>>21999940
but there is no volume yet so treasury wont fill any time soon. so again how do they pay for it all? did they collect money at the start? was there an ico?

>> No.22000576

>>22000114
treasury gets 10% of staking rewards
by contrast 10% of the trading fees will be burnt

>> No.22000661

>>22000114
OTC

>> No.22000693

>>22000016
God bless you sir I mean it!

>> No.22000738

>>22000114
No ICO, 10% of block rewards go to treasury not trading fees which are burnt

>> No.22000800

>>22000114
They built tech literally no one else has or has even come close to building with lightning support and lightning swaps, and that’s coming out of a 2 year bear market with no big cash or ICO

If there’s one thing I will bet and put my money on it’s a scrappy team that knows how to survive without plush cash. Imagine what they will produce now that it’s recovered from 2019 levels

>> No.22000981

>>22000800
Well according to the fudder the team has been dumping this whole time so they must be cash rich now and can fund everything they need

>> No.22001089

>>22000981
Turkish FUD who sold at 700 been coping hard trying to bring down the project since

>> No.22001519

The FUD is insane lately. Biz needs flags.

>> No.22001897

>>21998887
These weak hands are increasing my count from 86k to 105k. I thank them.

>> No.22001940
File: 42 KB, 657x527, 1592848786095.jpg [View same] [iqdb] [saucenao] [google]
22001940

So it was whales fudding to coordinate a dump, to buy cheap stakies

>> No.22002355

>>22000016
kek

>> No.22002790
File: 14 KB, 480x360, 16d.jpg [View same] [iqdb] [saucenao] [google]
22002790

>livecoin down again
Just like old times

>> No.22003524

>>22002790
its back

>> No.22003595

XSN is it.

No question. I am loving this dump. Accumualting. And I was earlllyyyy

>> No.22003834
File: 71 KB, 249x249, 1594307497014.png [View same] [iqdb] [saucenao] [google]
22003834

>>22003595
based

>> No.22004501
File: 36 KB, 410x598, callbased.jpg [View same] [iqdb] [saucenao] [google]
22004501

>>22000016
FUCKING BASED.

>> No.22005372

>>22004501
kek

>> No.22005425

>>21998849
>implying
scam

>> No.22005805
File: 163 KB, 548x495, (you).png [View same] [iqdb] [saucenao] [google]
22005805

>>22005425
>t.

>> No.22005941

>>22005805
lol why would anyone use an exchange when your order disappears if you close the app

>> No.22006157

>>22005941
Latest announcement and next patch fixes that.

>> No.22006222
File: 272 KB, 500x775, 1597863051436.png [View same] [iqdb] [saucenao] [google]
22006222

>>22000016

>> No.22006230

>>22006157
>2 trading pairs
kek
>no official plan to add more than weth
KEK
>new pairs will require dev approval and likely months of dev time
much decentralized very dex great approve

>> No.22006253

>>21998081
$1 is still undervalued, $5 should be the right price but right now only smart whales are manipulating the xsn market, probably trying to get other people's nodes.

>> No.22006269

>>22000016
you gonna do it again? way I see it you're doing some poor people who need the money a favor.

>> No.22006355
File: 81 KB, 407x402, Screenshot_20200829_195936.png [View same] [iqdb] [saucenao] [google]
22006355

>>22006230
incorrect
https://stakenet.io/roadmap/

>> No.22006380

>>22006269
have you considered volunteering?
>>22006253
manipulating it at this point is retarded imo

>> No.22006431

>>22006355
>we'll have 4 coins not one!
so how do they get added? daddy diaper lets the coin on the dex?

super decentralized governance you have there boys, great work

>> No.22006460

>>22006380
nah I'm a nihilist, just here to watch the world burn.

>> No.22006485

>>22006431
>>22006460
IQ level: rick & morty

>> No.22006537

>>22006431
holy shit you are retarded

>> No.22006571

holy shit this is such an inorganic scam thread lmao absolutely shameless my guys

>> No.22006594

>>22006571
you obviously are trying to accumulate, or are a rebbitor, and should go back

>> No.22006748

>>22001940
THEY ARE ALWAYS CHEAP LOOOOL omg i am keking so hard

>> No.22006875

>>22006485
>>22006537
>ad hominem
not an argument

show me how new coins get added to your "decentralized" exchange.

>> No.22006927

>>22006875
It's not an attack on your character, its an attack on your reading comprehension preventing you from seeing that you've already been proven wrong.

>> No.22007301

>>22006927
>any
>not every
I read it just fine. seems you and your friend may be the retards here - I'll ask again:

How does the addition of a new token work? it clearly isn't automatic, because the dex can't pull liquidity from layer 1 exchanges.

>> No.22007449

SCAM!

>> No.22007452

>>22007301
Hubs and MNs can be configured to host multiple coin pairs

>> No.22007565

>>22007452
>hubs (or is it nodes?) can be configured to...
predictably vague allusion to muh master nodes.

how's it work? what's the mechanism?

>> No.22007709
File: 1.20 MB, 1440x2160, 1598690605668.jpg [View same] [iqdb] [saucenao] [google]
22007709

>>22007301
>I'll ask again.
Remember this started with you lying about trading pairs.
>>22006230
Now all of the sudden you are begging for answers. Honestly I hope you don't invest, I don't want people this deluded anywhere near the community.

>> No.22007886

>>22007565
Hubs =/= MNs
You're the one seething about what you don't understand. You can DYOR.

>> No.22007915

>>22007709
THE TING GOES BRRRRAP BRAP BRAP BRAP SKIDIPOO POO POOM POOM SKIAAAAAAAP

>> No.22007991

>>22007915
and the penor goes brrrrrrrr
=)

>> No.22008552

What happened to the whales who said they were gonna dump and make the Turks panic sell?
They promised a dump at 2k sat. Now it's at 2.27k wtf

>> No.22008760

>>22008552
Was past tense. The whales don't care about anyone else, don't trust them. This is unironically a good low price to get in and hold.

>> No.22008912

>>21998081
Stakenet is a scam. Buy Suterusu or feel pain in Q4.

>> No.22009059
File: 22 KB, 673x500, pepephone.jpg [View same] [iqdb] [saucenao] [google]
22009059

>>22008912
Don't tell me what to do.

>> No.22009566

I just woke up. Planning to make some negative XSN threads soon.

>> No.22009888
File: 846 KB, 1241x628, abenomics.png [View same] [iqdb] [saucenao] [google]
22009888

>>22009566
Fudding XSN was always bullish

>> No.22009920

>>22009566
>>22009888
Checked.

>> No.22009931

>>22009566
>>22009888
Holy Checked!

>> No.22010408

>>22009931
>>22009920
We still have time to accumulate til Raiden
This will easily break double digits next year

>> No.22010445

fucking scamming pajeets man fuck these redditor faggot xsn cocklovers