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/biz/ - Business & Finance

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30093566 No.30093566 [Reply] [Original]

only trades at .41 cents. what the fuck is going on

>> No.30093797

>>30093566
My cutest coin

>> No.30093892
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30093892

>>30093566
who the fuck knows but I guess it'll pump in a few days out of literally nowhere as usual
>$0.5 end of month
>$1 end of century

>> No.30094124

>>30093892
Just converted most of mine to GRT so you’re welcome. But since it is a coin used for transactions from country to country or currency to currency I don’t see how it would be beneficial to having it be worth much. If it wants to achieve what it is going for it should be cheap, high volume, very stable.

>> No.30094478

>>30094124
God you're ignorant. Stop talking about shit you don't understand. Stellar can change how much of a lumen is used in a single transaction. A lumen could be worth $100 a token and a transaction will still be dirty cheap

>> No.30095322
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30095322

>>30093566
I bought in at $0.51 assuming that it was going to at least reach ATH like every other coin this bullrun. Then it immediately dumped.

>> No.30095548

>>30095322
It'll be okay, just hold for a while

>> No.30095581

it always fails to get past 0.50
what a fucking failure

>> No.30095756
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30095756

>>30093566
>22 billion circulating
>why is the price so low?!?!

the absolute state of /biz/

>> No.30095845

This coin was never meant to be over $1. Its use case simply prevents it from being over $1 to allow it to function properly

>> No.30096032

>>30095845
Is it a 50c piece?

>> No.30096075

>>30093566
>only trades at .41 cents. what the fuck is going on
newb doesn't understand supply

>> No.30096097

>>30096032
Basically. If stablecoins are gold, then Stellar Lumens is silver

>> No.30096118

>>30095845
How will it be unable to function at $1.01?

>> No.30096240

>>30096118
Inconceivable. The silver god is omniscient and omnipotent. He would not allow that to happen in the first place

>> No.30096322

>>30093566
Just give it time. I bought 50k at .05. Will it go to the moon? Depends what you mean by noon I guess. But I think $20-25 in a decade or so

>> No.30097483

>>30096118
Where did all of these idiots come from? The lumen is like a safety deposit for each account on the network to discourage spam. Since currently just 1 lumen is required to act on the network, it wouldn't even be a discussion until the value goes past $50.

>> No.30098111

>>30096322
ok checked $25 2031

>> No.30098198

>>30096097
Lmao, what are you talking about? Stablecoins are like fiat. Couldn't tell you which crypto is like gold though

>> No.30098353

>>30096097
More like aluminium.

>> No.30098744

>>30093566
>buy @ 38c
>sell @ 50c
that's the only thing the damned thing is good for.