cripple BTFO

[Anonymous No.5164371]

just went all in XLM, AMA

[Anonymous No.5164449]

>>5164371
I am also all in xlm, but please explain how xrp is btfo. These sensational threads are honestly fucking exhausting.

[Anonymous No.5164545]

XLM is great, and in its own way so is Ripple.

[Anonymous No.5164982]

>>5164371
considering a all in

[Anonymous No.5165075]

>>5164371
>worthless intermediary token
>centralized hardware network for processing
>uses institutions for cash in/out
>no market force propels coin value higher
>you're literally buying shitcoins that companies can buy 100,000 and use it to pay their transaction fees for 10 years, bypassing your entire trade market
hey, some of us have to lose the crypto war. glad it's not me.

[Anonymous No.5165153]

>>5164371
all in since 550 sats

[Anonymous No.5165306]

>>5164371
ALL IN
This coin is going to be the #1 platform by EOY 2018. SCREEN CAP THIS

[Anonymous No.5165316]

>>5165075
https://www.stellar.org/blog/stellar-2017-end-year-roundup/

https://storeofvalue.github.io/posts/stellar-lumens-what-is-it-and-should-you-invest/


if you're gonna fud at least dont lie


Stellar literally has IBM shilling for it and they plan on rolling it out to the banks within the next FOUR months

[Anonymous No.5165443]

>>5165316
what the fuck did I lie about?

enjoy being the flavor of the month consortium chain before IBM builds its own intranet shitcoin.

[Anonymous No.5165483]

just went all in im ready to take down that wall again!!!

[Anonymous No.5165543]

>>5165443

XLM stats: Circulating supply: 17.8 billion XLM tokens Total supply: 103.5 billion XLM tokens
The cost of transactions is very small. I think 1 XLM token is worth ~100,000 transactions on the network right now. And the current price of 1 XLM token is $0.27 (USD).
To use Stellar, one must have a deposit of at least 20 XLM tokens. Right now: this "upstart cost" is 20*0.27 = $5.40. Pretty inexpensive for a lightning fast payments channel. So if I'm a small business with a website it makes sense to use stellar for one payment of $5.40 instead of using something like Stripe which takes a small percentage (~2% i think?) of each transaction. (Side story, Stripe (online easy credit card payments) was a large and early funder of Stellar so it's a little ironic to use them as an example, but anyway...)
So say everyone starts using Stellar because its so amazing. Let's say 100 million accounts are made. Well the total supply of XLM is ~100 billion. Every account needs 20 XLM tokens to join, so that sets aside 2 billion tokens. There will still be 98 billion tokens in circulation (once fully distributed). So I think it's fair to say that people purchasing 20 XLM tokens to join the network will not be the biggest driver of demand.
Here is where it gets interested. Stellar is revolutionary and unique because it provides the functionality of a Credit Market. The Stellar ledger is able to record who owes what to whom, whether it be US dollars, Euros, Bitcoin, Monero, M-Pesa, anything. And ideally the goal is for the XLM token to be a "bridge" currency that provides liquidity. Say I'm in the US and my friend is in Britain and I want to send her $500 (USD). Whether through a Stellar anchor or just through my personal account, I will purchase $500 worth of XLM (500*0.27=135XLM) and send it to her account. She gets that 135 XLM and goes through a local anchor to convert her 135XLM into 427 EUR and boom, the transfer has happened instantly with almost 0 transaction fees.

[Anonymous No.5165586]

>>5165443

So what is the value of an XLM token? We made some assumptions earlier and are guessing that 2 billion XLM tokens are locked up as the minimum account deposit. So that leaves 98 billion circulating XLM. These 98 billion XLM thus need to store the value of the throughput of all transactions. If the extent of the network is 100,000 people sending 500 dollars per day, then 98 billion XLM tokens are worth 50 million dollars, that means one XLM = $.0005 - not a very valuable token.
However, if Stellar can capture 20% of the market for International Bank Transfers (which around here is rumored to be ~$1 trillion daily volume- but I am not sure about this and have not fact checked it (help anyone?)) - this would be a game changer. $1 trillion*.20 / 80billion XLM = $2.5 USD per XLM.
Going further, if Stellar can establish itself as a trusted worldwide Credit Platform, then we'd really go to the moon. Right now, the entire worldwide credit market (debt) is ~200 trillion dollars (the size of the US Federal Debt alone is ~$20 trillion). If 10% of the US credit market migrates to Stellar, then we're looking at 80billion XLM =~ $2 trillion, meaning $25 USD per XLM token. If 10% of worldwide credit market migrates to Stellar, we're at $250 USD per XLM token.

[Anonymous No.5165633]

Stellar will be a NETWORK of payments. In order to provide proof of stake, operators of the network must have LUMENS. This provides skin in the game to act in good faith. I think that your scenarios could very well happen. The use cases for such a network are varied and I am sure the ecosystem will evolve in ways we cannot yet imagine just as the internet did.

[Anonymous No.5165846]

>>5165543
>$25 USD per XLM token
>>5165443
there are fees you dummy thus if big amounts of transactions pass through they must pay a small fee

[Anonymous No.5165886]

>>5164371
NICE TRAJECTORY STELLAR SNAKE!

[Anonymous No.5165927]

This is literally the equivalent of getting onboard Litecoin in 2013.

Buy even 1k XLM right now and I promise you that you're going to be fucking rich in 2 years time.

[Anonymous No.5166049]

NICE TRAJECTORY STELLAR SNEK

[Anonymous No.5166095]

>>5165633
>In order to provide proof of stake, operators of the network must have LUMENS.
Nigga, that's not how stellar works. New coins are doled out through voting.

[Anonymous No.5166493]

>>5165886
NICE TRAJECTORY STELLAR SNAKE!