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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6234293 No.6234293 [Reply] [Original]

XLM will be reducing it's base reserve from 20 lumens to 0.5 lumens, a 40x decrease.
This means that you only need 1 XLM in a wallet in order to recieve/send with it instead of 20.
In basic terms, this means that you need only $0.5 in order to start trading with lumens compared to the previous $10 needed. It will attract a lot more people.
More users will be using XLM now.

SOURCE: https://imgur.com/a/PZLTl (screenshot from the developer chat)

This is huge. The devs realized that 20 XLM was a bit much so they decreased it in order to attract new users. Ripple has the same barrier but hasn't resolved it yet.

This also proves that Stellar cares about the community and is able to do changes to the core quickly compared to other mainstream coins.
We can expect $2/XLM very soon.

>> No.6234360

THIS COIN GONNA EXPLODE WHEN WHALES REMOVE WALLS
LOOK AT THE SENTIMENT ON SOCIAL MEDIA
https://imgur.com/a/KDCxr
https://solume.io/?sorting=sentimentChange

>> No.6234376

>>6234293
Priced in.

>> No.6234400
File: 32 KB, 248x189, 6F8776DC-4240-426C-B455-0EEB7592A030.jpg [View same] [iqdb] [saucenao] [google]
6234400

>Please, please stop bleeding stellar

>> No.6234415

I'll wait for a dip

>> No.6234419

>>6234293
>We can expect $2/XLM very soon.

nah,

>> No.6234466

Been known for a while man. Priced in. Best to unload those bags.

>> No.6234469

nice just bought 100k

>> No.6234528

>>6234293
If you check tradingview.com a lot of TAfags are saying tha xlm will break 2$ these days

>> No.6234584

>>6234415
dip is over breh

>> No.6234600

>>6234293
Cool. Are they scrapping their plan of giving away 95% of all Lumens in existence to Bitcoin holders and project makers for free, thus fucking over anyone who put their money into this lead brick token? No? Oh...that sucks then...

>> No.6234646

>>6234293
>Huge news about XLM. $0.2 expected

>> No.6234687

>>6234293
XLM will moon again just not any time soon. Maybe a few months or so.

>> No.6234692

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.6234729

>thinking this will affect price at all

>> No.6234769

>>6234293

Lumens are reducing their base reserve, freeing up previously locked up coins.

So, explain to me why they wouldn't lead to an increase in supply of the coin available...

>> No.6234783

its literally the next coin to be added to coinbase.

>> No.6234819

>>6234600
that was never the fucking plan you larptard

>> No.6234848

>>6234783
Snek holder here. Thanks for the chuckle.

>> No.6234849

Nobody actually uses wallets LMAO

>> No.6234852

>>6234293
Info too complicated for normies. Ain't gonna moon because of that.

>> No.6234885

>>6234687
>a few months

yeah right. it will moon within the next two weeks at most.

>> No.6234895
File: 199 KB, 1849x749, xlm.png [View same] [iqdb] [saucenao] [google]
6234895

some whale bought 600000 lumens all at once earlier today.

>> No.6234909
File: 52 KB, 640x750, 1514961872113.jpg [View same] [iqdb] [saucenao] [google]
6234909

>people keep trying to FUD a coin with a bright future
whats their end goal?

>> No.6234924
File: 39 KB, 628x400, tau.png [View same] [iqdb] [saucenao] [google]
6234924

>>6234848
>>6234783
the writing is on the wall. couldn't be any more clear actually.

>> No.6235024

>>6234895
o may

>> No.6235124

>>6234415
This IS the dip dude.

>> No.6235145
File: 34 KB, 640x480, 1513302382029.jpg [View same] [iqdb] [saucenao] [google]
6235145

End my suffering

>> No.6235146

>>6234293
Called my connect at IBM to push this

>> No.6235177

>>6234924
This right here is for the pros. Cellar dweller biztard neets have noidea what this is.

>> No.6235252

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.6235257

Who the fuck even uses XLM or XRP for anything other than speculation?!?!

>> No.6235268

WAKEY WAKEY STELLAR SNAKEY

>> No.6235301

>>6235257

>Who the fuck even uses XLM
IBM and Stripe for international currency mediums

> XRP
Bank Jews to siphon money from the goys

>> No.6235308

>>6234293
TA says Stellar 2.50 +

MOON IMMINENT

>> No.6235347

>>6234293
so theyre burning coins and making the marketcap lower? i dont get it, im too dumb

>> No.6235353
File: 19 KB, 300x250, 6AHhSPtkGE-4.png [View same] [iqdb] [saucenao] [google]
6235353

VROOM VROOM

>> No.6235411

>>6235257
>who uses the only usable cryptos for anything other than speculation?!?!
Gee I dunno

>> No.6235433

>>6234415
it's only in the 3750 range right now, pretty low.
Though it will probably not go off again until later this month though.

>> No.6235504

>>6235347
Basically they're releasing some previously-locked up ones that were required for keeping wallets. It's good for the long term but short-term it's not gonna do shit.

>> No.6235569

>>6234895

We're at the stage where even a whale can be dumb as fuck. retards have been making Bank all of last year.

>> No.6236131

stellarfags are really reaching when they consider this "huge news"

>> No.6236134

We don't Pump and Dump. We Pump and HODL..."

https://discord dot gg/hTTEEt2

>> No.6236205

>>6236134
Lmao you're adapting to the dumber market

>> No.6236259
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6236259

>>6236131
I know right. This is just sad.

>> No.6236344

Ill buy again when 4300 is crossed.

This shit wont be moving for weeks.

>> No.6236375
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6236375

>>6236131
>>6236259

>> No.6237006

I sold this shit for Eth. Done with these constant shill posts. If it moons...so will the other coins.

>> No.6237050
File: 280 KB, 646x595, 1515359346894.png [View same] [iqdb] [saucenao] [google]
6237050

HANDS UP DDONT SELL
DONT YOOU FUCKING SLELL HANDS UP LEAVE THE KEAYBOARD RIGHT NOW

>> No.6237330
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6237330

>>6234293

my comfiest hold, we all gona make it bois

buy the dip niggas

>> No.6237403

is $10 by the end of second quarter more likely than unlikely?

>> No.6237409

>>6237330
BASED

>> No.6237455

>>6234293

this is retarded
i have 18k stellar and i want this FUCKING SHITCOIN to moon just as bad as anyone else

but this is just reaching
i'll wait for fairx

IF IT EVER FUCKING HAPPENS

>> No.6237541

>>6237403

No. $4.50 end of year, if FairX goes well.

>> No.6237552

>>6234895
godbless this dude
had sell order for exactly 0.0005199 eth

>> No.6237637

>>6236134
Go look for other Tron threads

>> No.6237650

>>6234849
>https://solume.io/?sorting=sentimentChange
lol youre retarded if you dont, you get free lumens that compensate for inflation so early adopters dont get screwed over

>> No.6237684
File: 1.66 MB, 278x200, cena.gif [View same] [iqdb] [saucenao] [google]
6237684

>>6234293
>huge news
>solid dev team
>expect 100x

>> No.6237712
File: 35 KB, 640x480, 1512856072871.jpg [View same] [iqdb] [saucenao] [google]
6237712

>>6234293
DOWN 50% WITH THIS SHIT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.6237732

>>6234415
All it does is dip.

>> No.6237754

>>6237455
>IF IT EVER FUCKING HAPPENS
What are you yelling about? The rumors have only been out for a few weeks.

>> No.6237760

https://www.reddit.com/r/Stellar/comments/7onl3a/tip_keep_your_xlm_in_your_wallets_for_free_xlm/

free xlm for keeping it in your stellar lumen ledger wallet. lol

>> No.6237784

>>6234687
It will get a bump this weekend

>> No.6237858

>>6234600
>only fud is pure smoke
just makes me feel even better about doubling down during this dip

>> No.6238181 [DELETED] 

https://pastebin.com/gm9PPYgm - Link for discord is in the pastebin as I can’t post discord links directly in /biz. Sorry for the shill, I know it’s shit, but winners need to promote to get shit done, but we won’t charge for shit, nor are we a non-Pump and Dump group.

We are mainly look for undervalued coins with 10-100 million market caps on binance/kucoin/ICOs. We will be giving free Palm Beach signals in about a week or two, we follow Data Dash, Ian Balina, etc. and we have a nice FAQ for trading for newbs to intermediates. Our discord will always be free, and there will never be any faggot premium subscriptions like that Cryptoverter faggot, or “Crypto Army.”

Just looking for fundamental analysis/swing trader types to grow our room which was created yesterday, so apologies in advance for the shilling :) . Also, some calls we’ve made the last 10 days are: DBC, QLINK, SNOV, PRL, etc. We’re mainly looking at coins on Binance/Kucoin for entry/exit. Again, not a pump and dump - and 100% free always and forever.

We are looking to grow our community with competent 4chan traders for swing trading, good hodls, ICOS, mining, etc and to discuss GOOD ideas, and get rich together. Everything is and always will be free - we are, quite simply, striving to be the Consumer Reports of Discord Crypto rooms. If you read this all the way here, you can probably tell that we’re legit. We will NEVER accept money, and we are here for good discussion so we can get rich over weeks and months. If that sounds good to you then join, and contribute!

>> No.6238253

>>6238181
MODS
this scammer is posting his P&D discord

I hope you get AIDS loser

>> No.6238331

>>6234909
Better entry points

>> No.6238372

>>6238181
There is no getting rich "together" in this racket. Someone's gotta be the bag holder. Fuck off.

>> No.6238421

>>6234415
where do you think we are

>> No.6238435

>>6237858
tripled down here, comfy AF

>> No.6238519

This shit goes where it belongs. Into the trash.

>> No.6238543

Nice inflationary noncurrency. Will surely be worth $10 one day.

>> No.6238620

>>6238435
wish i could buy in more. Too bad ETH is stuck for another week

>> No.6238950
File: 36 KB, 200x200, 4E479C96-1A98-4457-974C-F77DA700FA58.jpg [View same] [iqdb] [saucenao] [google]
6238950

Buying under .50 who’s in????????????????

>> No.6239181

>>6234895
so what, i remember seeing orders in the millions getting eaten up in seconds

>> No.6239431

>>6238372
It's all about holding bags you will never sell you stupid day trader

>> No.6239689
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6239689

>>6239431

>> No.6239839

>>6239689
I'm not selling my lumens cause I got em for a cheap price

>> No.6239900

>>6238950
I'm in baby

>> No.6240076

its going up

>> No.6240127
File: 169 KB, 400x416, 1515403772827.png [View same] [iqdb] [saucenao] [google]
6240127

LEMME SEE THOSE HANDS
DON'T SELL
DONT SELL
DONY TOU FUCKJING SELL
HANDS OFF THE KEYBAORD

>> No.6240137
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6240137

>>6240076