Stakenet - Next short term 10x - Here's why.

[Flux0z]

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

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.

[posi]

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

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]

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

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

[GucciBoy]

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.

[Marckolind]

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

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

[Flux0z]

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

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

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.

[HomeBoyChild]

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!

[Marckolind]

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! 

[LeoBTCGod]

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

[GucciBoy]

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]

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 

[posi]

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

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

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.

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

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.

[Marckolind]

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.

XSN can be used the same way as BTC. XSN can be used anywhere that accepts BTC payments over the Lightning Network. XSN can be cross chain traded like that, which is pretty damn cool.

XSN can also be staked for BTC soon, via "Cross Chain Proof Of Stake", which means your staking rewards are sold for BTC on the Stakenet DEX, and given to you automatically. This means that XSN is accepted anywhere BTC is. Get the idea here? Otherwise I'd advice you to watch this very short video explaining it: https://www.youtube.com/watch?v=sXj3_qKSUBk

XSN will not only allow BTC to scale, but also make it cheaper to transact with for consumers. XSN IS money, the same way BTC is.

What makes XSN stand out compared to all the other "shitcoins" out there, is that XSN doesn't try to compete with BTC. How many times have you seen people compare transaction speeds and block sizes, trying to convince that "Digibyte" is faster and "better" than BTC? Trying to compete with BTC is nonsense, it makes NO sense, which is why XSN tries to ENHANCE BTC - Making it easier, and more convenient to use.

[Flux0z]

We don't know if that project can rise 10x in the short term or not, even if we have valid data that can help the project to rise so high. The project needs to survive, and this is very important in the bear market because if the project cannot survive, then it is only a waste of time. And if Stakenet can survive, the next thing that the Stakenet needs to do is compete with the other project because I am sure that the other project will want to do the same as Stakenet. They will try hard to increase and convince people that the project is worth to invest.

Stakenet doesn't try to compete with anyone, they want to ENHANCE the user experience of crypto currencies. They beat most other projects by a long shot, since XSN can be sent instantly, with unlimited transactions/s over LN, but that's not really the point here.

The Lighthing Network at this point in time is used by nobody, since it's way too technical to setup and use by the average "normie". You don't need to hold XSN to use their services, but all the fees associated with their services (dApps) will be sold for XSN on the open markets, and distributed to the nodes running the whole thing. This will push the price up on it's own, which is why a 10X is being pretty conservative in my opinion.

[Marckolind]

We don't know if that project can rise 10x in the short term or not, even if we have valid data that can help the project to rise so high. The project needs to survive, and this is very important in the bear market because if the project cannot survive, then it is only a waste of time. And if Stakenet can survive, the next thing that the Stakenet needs to do is compete with the other project because I am sure that the other project will want to do the same as Stakenet. They will try hard to increase and convince people that the project is worth to invest.

Stakenet has no problems surviving as they'll be generating profits off of multiple services - Not only that but their dev funds are pretty well established as well. So no worries in that regard

[GucciBoy]

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.

I believe you completely miss the point of Stakenet.

Stakenet is not here to replace BTC, but rather enhance it's usage. There's a big difference. Anyone bullish on BTC, should be bullish on XSN as well. 

[BTCXRPADA]

There are tons and tons of which is likely to 10x let alone 50x next bull run cycle. Small cap projects with good tech will explode, and top 10 coins like ADA is likely to reach their old ATH high as well.

10x really isn't that much at this point, the crypto currency market is relatively small compared with the stock market, so anyone with a decent sized portfolio will do amazingly well in the future.

[Esterklu]

It's old project, i didn't follow it for a long time, but recently i saw that it is going very well with development, so, i can't tell about x10, but it is worth to look at.

[Flux0z]

It's old project, i didn't follow it for a long time, but recently i saw that it is going very well with development, so, i can't tell about x10, but it is worth to look at.

Old? Digibyte and Dogecoin is old, Stakenet was launched in 2018, haha.

Their tech is amazing, and I recommend any doubters to join their discord channel and try out their Lightning Network ready DEX and see for themselves. It's truly the fastest DEX around. BTC => LTC and vice versa happens instanty, which you wont see on any other DEX's since you need to wait for blockchain confirmations between each trade traditionally.

[LeoBTCGod]

After testing the DEX yesterday, I think it's pretty safe to say that I'm very very impressed with what the team has accomplished here. Their DEX aggregator is probably the coolest thing, which allows you to connect to other DEX's and exchanges through the DEX, which ads TONS of liquidity.

10x on this one is pretty damn conservative.