/biz/ - Business & Finance

>>10633578
not falling for this again OP. last time i buy this crashed.

no fuckign way. holyshit

>>10633578
I'm $800 in, leftovers I had. After reading a LOT about this shit, I know it will boom for sure. I believe this crypto will actually change the world in a few years if no one fucks up mid-game.

Fuck facebook

Holy fuck it’s real. Price targets?

>>10633578
Buying in

>>10633629
0.1-to-0.3
We are seeing another IBM-esque rise
Take profits when the normies arrive

>>10633578

Centralized Shitcoin.

/thread

>>10633671
Oh, good arguments against it's utilization and partnerships - hows it feel to be so retarded?

>>10633578
Link not behind paywall?

>>10633578
>Facebook is speaking with a number of crypto projects as it explores ways in which it can use blockchain technology


relax niggers

>>10633692
>implying facebook will choose anything other than san fran cuckvalley sjw stellar

>>10633578
Bought 1 eth. Thanks

>>10633671
being this mental incapable

article was posted less than 30 minutes ago

FINALLY IM EARLY ON THE NEWS. LETS GO NORMIE PUMP

>>10633753
>he bought?

>>10633753
It had already pumped within 30 minutes when the IBM news hit. This article is full of maybes, potential forks, and what ifs. The IBM news was "We just signed the partnership".

STILL NOT PUMPED YET, ONLY ON BUSINESS INSIDER. ONCE NEWS HITS MASS MARKET, EXPECT PUMP TO 4K SATS

>>10633578
>Facebook
who?

>investing in facebook in 2018

>>10633807
>thinking the CIA will let their dragnet die

>>10633620
this is my redemption. I sold 200 ethereum at $12. I will not make the same mistake again, XLM will reign supreme

>>10633829
Stagger your sells as price rises - and only ever sell percentages of your stack. You'll always have a bit of skin in the game in case it it has a dramatic rise - but also can say you cashed out with gains.

Facebook is speaking with a number of crypto projects as it explores ways in which it can use blockchain technology.

In recent months, Facebook's blockchain team, led by former PayPal executive David Marcus, has met with open source payments technology company Stellar about some of those opportunities, people familiar with the talks told Business Insider. While the talks were early stage, they could shed light onto Facebook's ambitions to push into finance and take on big banks.

For example, if Facebook wanted to rival the big banks' payments networks, it could leverage blockchain technology to do so, a person familiar with the firm's talks with Stellar said. The speed of certain blockchains over traditional financial pipes-and-plumbing is one of the most cited benefits of the red-hot technology. A JPMorgan research note said that the speed of a transaction on Ripple's network took four seconds versus the three to five days it takes for traditional banking systems to process a transaction.

Facebook is already taking other steps to break into banking. The company is reportedly considering showing users their bank balance or potential fraud alerts.

A Stellar insider told Business Insider it would make sense for Facebook to record payments transactions onto a distributed ledger like Stellar. Other merchants could then connect to a Stellar-based ledger. This platform could rival the SWIFT Payments network that now connects banks together and allows for money transfers.

"They'd be taking the rug out from under the banks," the person said. "They can add a bank more quickly than a bank could build a social network."

Sources say Facebook and Stellar have spoken about the firm potentially forking the main Stellar network as part of its blockchain efforts. A crypto fork is when a blockchain splits into two — both have the same underpinnings but can be managed differently moving forward.

(1 / 2)

Facebook is known for working with other open-source technologies, being one of the largest maintainers of React, an open-source technology language. It could in theory fork an existing blockchain as opposed to building its own.

A spokesperson for Facebook disputed that the company would build on Stellar's technology.

A spokeswoman for Stellar declined to comment.
'Improve the lives of billions of people around the world'

A source close to Facebook's blockchain business said the company is making a long-term bet on blockchain that will likely resemble its investments in artificial intelligence. Rather than targeting a specific vertical, such as payments, Facebook's blockchain group would provide a foundation from which the firm will be able to target an array of possible opportunities.

A recent Facebook job ad reflect this notion, saying the blockchain group "is a startup within Facebook, with a vision to make blockchain technology work at Facebook scale and improve the lives of billions of people around the world."

The firm is also looking to expand its crypto group, according to job ads. One position the firm is looking to fill is manager position for a newly created software engineer team within the blockchain group.

Facebook is also hiring a blockchain public policy manager to analyze policy issues relating to blockchain and advise product and business teams on those developments.

Already, Shashwat Gupta, a former product manager for Samsung Pay, joined as a product strategist for blockchain in May. Blockchain was removed from his LinkedIn profile after Business Insider talked to a Facebook spokesman.

And Evan Cheng recently was promoted to head of engineering for blockchain in June.

The duo joined existing Facebook employees including Kevin Weil, a VP of product, and James Everingham, head of engineering, blockchain.

(2 / 2)

Got $1k on the way to normiebase but it isn't moving fast enough REEEEEEEEEEEEEE

>>10633872
Forking stellar wtf? Fork YOU assholes

>Facebook
>SJW coin
Figures. I still won't touch XLM. I won't compromise principles for money.

>>10633934
Is one of your principles being a retard who listens to /biz/ opinions? XLM is not a “SJW coin”

>>10633934
Ur thinkign of cardano and beta boy hotchkinson or whatever his gay name is

>>10633934
stay poor

>>10633701
Weird way to spell Holo.

>>10633934
SWJs are designed to be longed

Just went almost all-in at 3560 sats. If true Stellar will hit 1$ eoy

>>10633943
You poor deluded bastard.

>>10633943
Yes it is. it was founded by two SJW's and their mission statement is to take money from the rich and give to the poor by tricking you into thinking you're making an investment instead of donating to a charity

love feeling this comfy sitting on a yuge stack of XLM. I can't believe there are people on this board too brain dead to hold this

I have a feeling the pump is already over

>>10633960
>>10633943

>>10633929

I can’t imagine them forking it, it’s just not as useful without being in the main net. I guess FB might want to fork so they can raise fees, but I feel like that can also be done through a token on the stellar network

>>10634038
How much are you holding, XLMbro?

used to have 25,000 stellar (along with 3 other coins) then I sold, got JUST'd by other investments and now I couldn't even afford to buy that back with my whole portfolio

>>10634031
When will you fags give this bullshit a rest?

incredible how xlm has insiders everywhere.

>>10634079
When you go the fuck back to plebbit where you came from. The truth isn't going to go away

>>10634079
Never because apparently /biz/ is about letting personal opinions about aspects that don't matter get in the way of making money.

and shit posting

>>10634103
>facts are my personal opinion
absolute cope

>>10634064
Literally over 50k

Stellar is not fucking around like all these other vaporware projects aka OMG, ICX, VET, WTC, NEO

They hit the ground running and are going to make it happen. IBM is going to stuff XLM down every bank's throat

HOLY SHIT FOMO MODE ACTIVATED

Pumping. Will no doubt dump soon though

>>10634103
fuck your money, this is not about the money

itt: wick buyers

HOW MANY XLM TO MAKE IT IN 2019? THIS IS MY ONLY HOPE BUT MY FIAT WONT TRANSFER UNTIL NEXT WEEK REEEEEEE

>>10634031
Imagine missing this easy 20%+ because muh SJW...

Holy shit, literally never going to make it if you let feelings overrule sense

Thanks bizfrens

>>10634172
you're fucked

It's already dumping... Fug. Not quite the pump I expected

>>10634190
talk about fake out if you sell 64 buterins you will fomo in at 68 buterins in t minus 10 minutes

>>10634176
Imagine being dumb enough to chase pumps

>>10634190
In this market 7% for the day is great tbqh

FUCK MY FIAT DOESNT TRANSFER UNTIL NEXT WEEK THERE IS LITERALLY NOTHING I CAN DO REEEEEEE

Bought at 3100 a few days ago and sold at 3550. Feels great man

>>10634254
Its going to 4k. screencap dis

>>10634271
Well good luck but I wouldn't take those chances. This news doesn't mean anything besides that it has "Facebook" in it

>>10634190
nice "dump"

wakey snakey

yup what i say like 10 minutes ago FUCKING LOL

literally why is biz so closet gay and stubborn? just buy it and make money what is all this political bullshit? literally get your gay emotions out of the game its time to make money

FUCK FUCK FUCK MY FIAT TRANSFER WILL TAKE ANOTHER WEEK WHAT WILL THE PRICE BE THEN

>>10633578
Sold at 34 cents. Never turning back.

>>10634430
rip or buy back in

>>10633578


Grug has coin. Coin is copy. You want copy of copy coin.
Grug no like.

>>10634618
cute

Oh I get it robinhood. I can buy fucking dogecoin but not stellar?!

>>10634129
>No shit. Jed is running the project. You know the same guy who created one of the first file sharing platforms, owned the largest bitcoin exchange, and created 40% of the top 5 crypto. I'd say he knows how to get shit done.

>>10635481
yeah that about sums it up anon

Not holding XLM is as stupid as not holding BTC. Jesus do i need to spoon feed all of biz??

>>10635481
>Jed McCalleb

>Leaving his children was even harsher, with the kids’ mother placing the blame on the woman who had turned his formidable head. According to Ms. Burzlaff, Ms. Kim “made my ex choose between my kids and her, and he chose her.” This was not part of some unspecific rant. Ms. Burzlaff and Mr. McCaleb had already ended their relationship. But Mr. McCaleb was limiting his own contact with his children to “the point where [Ms. Kim] was going out of town so he was still trying to sneak in a time to see them.” Ms. Kim supposedly cancelled her trip “one hour before he was supposed to pick them up because she found out he was going to see them when she was going out of town.

>>10635529
>On May 22, 2014, Mr. McCaleb announced via a posting on Ripple Labs’ message board, “I plan to start selling all of my remaining XRP beginning in two weeks. …. So just fyi…. xrp sales incoming.” The announcement by a founder that he intended to dump 9 billion units of the currency he helped create was perceived as a threat by all who cared about Ripple Labs or held XRPs. It would be hard to imagine a founder and board member of a public company announcing he was going to flood the market by selling his stock; that would be an obvious and illegal attempt at market manipulation, not to mention ridiculously juvenile.

>>10635529
>Another person who worked at Ripple Labs at the time told the Observer: “Arthur and David had all these meetings with Jed and Joyce would fucking show up. Now this is Joyce just being … she’s out of the company at this point. This is Jed’s thing, when you’re in a private conversation with him all of a sudden Joyce is cc’d on this private conversation, even when the conversation includes the person saying, ‘I don’t want you to share this with Joyce.’ So not only does he disregard that request but he’s letting you know she fucking knows you don’t like her.”

keep trying anon we know you're salty XRP isn't being listed on Coinbase and soon will be passed by XLM on CMC

>>10634118
They are already giving 150 xlm for people who registered on their south american exchange, all they had to do was confirm their facebook profile.

>>10635675
150 XLM Pog, THATS LIKE 0$

>>10633701
inplying that zuckerberg wouldn't put 7000 phenom coders on a project to create facebook coin

Give me honest realistic EOY for XLM.

>>10635675
People hand out dollars to homeless people, so the dollar is basically worthless.

>>10636107
$1.5 if we go on a bullrun

>>10636107
$2. Lightning Network will be implemented by then

>ripple cope posting

What wallets do you recommend to store lumens?

Vol dead. last chance to get out at 3650 sats. You've been warned.

>>10636299
>Volume means buying, or worse, it means more buying than selling
Your low iq is showing. Are you 56% by chance

>>10636493
That's uhhh, real good, anon.

didn't Facebook lose billions recently, Facebook is the ultimate shit coin

>>10636299
Can't sell because there is 0 volume

>>10636275

Stellar Account Viewer

>>10636275
Stellar account viewer is good. There's a desktop client that is decent too

RIP IF YOU SOLD

I can’t wait for you faggots to lose all your money AGAIN because you jumped on another bandwagon.

>>10637273
i sold before the news (not all of it tho)
what fucking luck heh

inb4 this breaks the bear line and goes into bullrun before all the other shitcoins

>>10637589
i am guessing we are one coinbase listing away

>>10637617
>stealth IBM projects ["We haven't announced anything yet but it includes regulated financial institutions in a whole bunch of other jurisdictions," said Lund.]
>central bank digital currency (singapore most likely first)
>fairx
>stellarx
>coinbase
>coinbase etf effect
>keybase
>blockdaemon
>lightning


>losing money with this much internal and 3rd party development on the horizon
not a single other altcoin comes close nigger

>>10634716
lmfao

I don't usually buy rumors like this, but David Marcus, the Vice President of Messaging Products at Facebook just stepped down from Coinbases board of directors. Could be because of a conflict of interest, assuming coinbase is going to list XLM, and there's something brewing with Facebook and XLM.

MOONING

>want to grab some more XLM since I don't have that much XLM
>it's the only fucking green thing

of course.

>>10633995
ha kys

>>10635675
150 x $0.22 = $33
Yep definitely going to crash the market genius

See you on the moon boys

>businessinsider.com

lmao you stupid jigaboos, that news has already been priced in for months.

lmaooooo so many alts on suicide watch yet XLM MARCHES ON

lmao! Report: Facebook Denies Partnership With Stellar
https://cointelegraph.com/news/report-facebook-denies-partnership-with-stellar

>>10639774
SJW enablers get fucked.

>>10639774
literally wont affect anything

>>10639774
>>10639800
>implying we need this shit news when we got this >>10637633

>>10639610
You're similar to me. I picked up 129k XLM at about the same time.

110,000 NEW WALLETS IN 10 DAYS
>110,00 NEW WALLETS IN 10 DAYS

110,000 NEW WALLETS IN 10 DAYS
>110,00 NEW WALLETS IN 10 DAYS

110,000 NEW WALLETS IN 10 DAYS
>110,00 NEW WALLETS IN 10 DAYS

110,000 NEW WALLETS IN 10 DAYS
>110,00 NEW WALLETS IN 10 DAYS

110,000 NEW WALLETS IN 10 DAYS
>110,00 NEW WALLETS IN 10 DAYS

>>10640133
https://stellar.expert/explorer/public/

>>10640133
How good is that?

>>10640151
looks pretty damn good to me in a (((bear))) market

So what's the message here:
Frank Chaparro from business insider is a lying cunt?

>>10640269

Since when did Facebook ever tell the truth?

>>10635529
The fuck is this diary?
Where'd you got that from?
Richest cuck in the world?

>>10639233
Population of South america: 450 Million
Niggers in Africa: 382 quadrillionteen

Been hodling this coin since 500sats or 0.03. You're all retarded for not buying it sooner. That being said this is a top 10 market cap coin, Don't expect a 100x over night, that's what chainlink is for.

>>10635529
>>10635548
>>10635567

To be fair... people with tragically flawed personal lives can be extremely professionally successful.

>Steve Jobs

>>10640613
indeed, steve rimjobs should be thrown off a building, theoretically, but still does his job well i guess

>>10633578
The thing that i like about Stellar is that it doesn't just pointlessly jack off about these high profile meetings (cough...IOTA...cough). Stellar's marketing is damn near non existent. They aren't paying Snoop Dogg to shill on late night TV and paying Bill Clinton's speaking fee (ahem...Ripple)

So what are they doing with their money? All available evidence says they are building actual working infrastructure on top of the Stellar network for banking and remittances. Its the only coin in the top ten that actually works as designed at the moment.

>>10640725
thing is, they dont even need to do a lot on their own, they are one of the few coins with a shit load of 3rd party ecosystem work

stellar is spending its entire time on lightning as we speak, while lightyear is running stealth partnerships in the background

>>10640725

I'm 100% XLM because it works. Even if ETH succeeds, it will still be too slow for fintech.

>>10640823
I think everyone in crypto really underestimates being... good enough. Sure ETH might be the worlds computer one day but that shit doesn't work now. The prize belongs to the first coin that works good enough and cheap enough for the financial companies to tolerate.

>>10633600
>not falling for this again OP. last time i buy this crashed.
Looks like you did good this time.