Topic: Stakenet - Next short term 10x - Here&#039;s why. - page 7. (Read 2282 times)

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

Stakenet has an amazing community. Look at the offiical Stakenet Twitter profile, and you'll see what kind of support this project has. We've got as much engagement as Binance does, which is pretty damn cool Wink

Dont get me wrong cause I'm totally aware of everything you're saying and the part i know about the project is the adhere to the existing others crypto currency but all this still dint justify the future of this project because concept is not enough to make project thrive in crypto market.

Quote from: Flux0z on April 19, 2020, 11:13:03 AM

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

XSN IS money, but acts as "gas" as well, since when you trade BTC => LTC the BTC fees involved will be SOLD on the open markets for XSN, and distributed among the nodes providing the services. This creates artificial demand for the coin itself just by people using their dApps. Hence why I said it functions a little like "gas" on the network as well

If XSN is money what is Bitcoin? I will advise you not to believe much in what the project owner said about XSN to be money like Bitcoin whereas XSN is just a copy cat like other altcoin we have in the market.

LeoBTCGod

jr. member

Activity: 60

Merit: 1

Quote from: GucciBoy on April 28, 2020, 09:34:39 AM

Quote from: LeoBTCGod on April 27, 2020, 09:18:34 AM

What is the timeline for release of this DEX? From the pictures shown, it looks pretty promising.

¨

It wont take long. If you want you can join the Stakenet Discord channel and help on testing it. From what I've seen they are fixing the lasts few bugs, and is about to get ready for trading bot implementations etc, which is something that wouldn't work on traditional DEX's as Atomic Swaps is way too slow for bots to work properply.

Thanks man, didn't know this was open to test already. I'll reach out and join in on the testing for sure, as it looks very promising

GucciBoy

jr. member

Activity: 196

Merit: 6

Quote from: LeoBTCGod on April 27, 2020, 09:18:34 AM

What is the timeline for release of this DEX? From the pictures shown, it looks pretty promising.

¨

It wont take long. If you want you can join the Stakenet Discord channel and help on testing it. From what I've seen they are fixing the lasts few bugs, and is about to get ready for trading bot implementations etc, which is something that wouldn't work on traditional DEX's as Atomic Swaps is way too slow for bots to work properply.

LeoBTCGod

jr. member

Activity: 60

Merit: 1

What is the timeline for release of this DEX? From the pictures shown, it looks pretty promising.

Marckolind

jr. member

Activity: 352

Merit: 3

Quote from: HomeBoyChild on April 23, 2020, 09:01:27 AM

Never heard of this project before, but it sounds extremely promising.
Just went through their official Youtube channel, where I saw the latest 2 promo videos, and I must say, wow I'm impressed with the proffesionalism these guy show. Finally a project that doesn't try to be "The better Bitcoin", but rather tries to make cryptocurrencies more accessibly and easier to use, actually enhancing the user experience.

Definitely following this one!

I believe this project, if it launched properly could do amazingly well. The fact that it has reached such a low price is insane, and I'm buying up as much as I can, including other promising altcoins, which is freaking cheap as well! Grin

HomeBoyChild

newbie

Activity: 5

Merit: 0

Never heard of this project before, but it sounds extremely promising.
Just went through their official Youtube channel, where I saw the latest 2 promo videos, and I must say, wow I'm impressed with the proffesionalism these guy show. Finally a project that doesn't try to be "The better Bitcoin", but rather tries to make cryptocurrencies more accessibly and easier to use, actually enhancing the user experience.

Definitely following this one!

Flux0z

member

Activity: 406

Merit: 10

Quote from: Marckolind on April 21, 2020, 09:21:32 AM

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

Stakenet has an amazing community. Look at the offiical Stakenet Twitter profile, and you'll see what kind of support this project has. We've got as much engagement as Binance does, which is pretty damn cool Wink

True, which is why the Twitter and Facebook groups have been used to promote out right scams on. Fake giveaways and such, which happens to most larger projects as well. Thankfully the devs is aware of this and removes it pretty quickly.

I'm sure that once the DEX and Multi Currency Wallet is released, that the whole community will shout about it everywhere, especially if the markets turn, and we enter a bull market again, we'll have to see though.

Marckolind

jr. member

Activity: 352

Merit: 3

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

Stakenet has an amazing community. Look at the offiical Stakenet Twitter profile, and you'll see what kind of support this project has. We've got as much engagement as Binance does, which is pretty damn cool Wink

GucciBoy

jr. member

Activity: 196

Merit: 6

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

The Lightning Network isn't feasible to run straight on top of BTC, as the incentive to run a Lightning Node is pretty low. You have to keep in mind that the fees associated with trading via Lightning is incredibly low, meaning you wont earn much through Lightning nodes, hence why it easily becomes "centralized" straight on top of BTC.

Stakenet already has 2000 masternodes up and running, which could easily run Lightning Nodes on top of already profitting servers, it's a genius game plan when you think about it.

Flux0z

member

Activity: 406

Merit: 10

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

XSN IS money, but acts as "gas" as well, since when you trade BTC => LTC the BTC fees involved will be SOLD on the open markets for XSN, and distributed among the nodes providing the services. This creates artificial demand for the coin itself just by people using their dApps. Hence why I said it functions a little like "gas" on the network as well

posi

hero member

Activity: 2268

Merit: 579

Vave.com - Crypto Casino

Quote from: coupable on April 14, 2020, 05:15:44 PM

Quote from: Slow death on April 02, 2020, 11:12:46 AM

Quote from: Marckolind on March 31, 2020, 12:54:57 PM

This is not a 10x, but much more a 50x if it takes off. Not even kidding....

I thought people were more mature and didn't believe in things like 10X and you are talking about 50X? this is very exaggerated optimism and the kind of thing that is not recommended. you should look for safer projects that are already established in the market so that at least you have a decent profit but without taking too many risks. I pointed out the fact that this project was not listed on many exchanges and saw some arguments on that subject here in that thread, but they are arguments that do not convince me.

The vision of the project is quiet promising. Having something similar to LN as we know with btc is a great step. But, do we really need this with altcoins? We all know the purpose for which the lightening network was created for.
Another point is about integrating a token for some usecases which i don't really think it needs a token to be done. Being listed in exchanges doesn't prove anything, as already one of the two exchanges is a proved scam [livecoin].

XSN is used as collateral to host the service nodes running the whole eco-system. XSN is also used when trading on the DEX itself, all the fee's is being used to market buy XSN and distribute it among the service nodes running the services, which will create artificial demand for the coin itself.

XSN is much more than just a "DEX", check their roadmap Wink

XSN is basically used as "gas" on the network, like Ethereum is on the Ethereum network, that's at least how I understand it, and with more and more dApps coming for the eco-system the fees collected by nodes will increase over the coming years.

XSN also provided dApps services but it was not mainly used as gas as you claim because the project team claimed the crypto is digital money just like bitcoin which simply XSN can be use as means of payment and with it lightning network capacity the coin should easy to use but it stilk need better community support though.

Flux0z

member

Activity: 406

Merit: 10