Author

Topic: Nice Stakenet pump today (Read 117 times)

legendary
Activity: 2320
Merit: 1292
Encrypted Money, Baby!
June 13, 2018, 05:58:07 PM
#3
Those are some good points you mention there.

I've started diving into Stakenet a few weeks ago, I was recommended looking into it. It was also my first masternode setup project (community is great and helpful, so far), and of course, I followed the price (started buying slightly above 4000sat), and yes, it's indeed impressive how it moves up despite Bitcoin and nearly anything else doing down that much. Cool
legendary
Activity: 1372
Merit: 1252
June 10, 2018, 11:22:35 AM
#2
Just a quick update on this one. I don't typically like to brag and everyone that knows me knows im as much of a Bitcoin maximalist as it can get, but when I see a good speculation I call it and try to extract value from it, and man was it a good wall. We are up %275 since my first calls on XSN, not considering even lower prices prior the POSW to XSN swap.

The marketcap is still tiny, and the TPoS approach is enough of a value proposition to propel it into the #100- rank. Considering the amount of shitcoins in the top 50, it is a safe estimation.  Now it all comes down to how much risk you can sustain. Personally I think it can pull a PIVX and reach 6 figures in satoshis eventually, this is again judging by the total supply, technical analysis and the fundamentals involving the massive amount of shitcoins above this one with 0 value proposition. For these that trust PoS based systems, cold storage staking seems like a pretty cool technology that will be explored further, and Stakenet is the leading one.

It is also worth nothing that the growth has happened despite the current Bitcoin correction, so if anything you have hedged against that and retained value, but you should have made some legit gains by now:



legendary
Activity: 1372
Merit: 1252
May 15, 2018, 01:34:34 PM
#1
Looks like we may have bottomed in XSN:

https://coinmarketcap.com/currencies/stakenet/

Consider that to see the full graph one should look at the POSW ATH as well, but let's take it as a fully, new alternative graph. Well, I don't see it going lower than 4000 sats, and I predict a new ATH up to 40000 sats.

TPoS and the whole concept of multi staking offline is really great, and it pays you in Bitcoin if you want (so you can be staking, and then get paid in BTC instead of an altcoin you don't even care about). This strengthens the system for speculators that like to use PoS for the task.

I think when ETH goes PoS we'll see a nice pump on this one. From a technical perspective it also looks like a bottom was set and we are going for a nice uptrend.

I don't like altcoins but I do like speculation, and this is one of the few speculations I would consider for decent gains in the future.
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