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/biz/ - Business & Finance


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6967142 No.6967142 [Reply] [Original]

I mainly trade coins based on charts/hype, but stellar is actually a thing. They had the first ICO yesterday, sold out in 2h.

Decentralised exchanges coming. Backed by big companies. No stupid chinese hype FUD. Solid business model. Not run by 25 year olds

I will buy more when we consolidate again

>> No.6967173

>>6967142
>They had the first ICO yesterday, sold out in 2h.
Not true. There were a few xlm ICOs already.

>> No.6967203

>>6967173
I see, then first one i heard about and picked up in big media.

>> No.6967208

>>6967142
same .it just hit me how big xlm will be. i thought it was mostly just a fast currency with a really low sending fee but its much more than that. it's an entire network meaning it's got its own exchange, it's own ICO platform that is very user friendly, it's much more secure than ethereum and has never been hacked like ethereum has. this coins potential is off the charts. easily $1,000 per lumen in 2-3 years

>> No.6967244

>>6967208

I wanted to move some funds from Kraken to binance for reasons, I sold BTC for XLM, transferred around 20k XLM for a fee of 0.0025(!) XLM and it took like literally 1 minute after the processing started for them to appear.

Regardless of actual platform success or not, just being the "new LTC" without a crazy troll founder for transferring funds super cheap and fast is a thing in itself...

>> No.6967287

>>6967208
It was never hacked because it does a fraction of what ethereum does.

>> No.6967308

Finally a real discussion on xlm

Also notice how it acts completely different to the rest of the market. Doesnt even get hit that hard when bitcoin crashes. Thats a wonderful sign. Its on a bit of a roll right now actually, and look at the state of the market

>> No.6967336

>>6967208
Impossible. Market cap prevents it.

$3-4 max

Still a good return though

>> No.6967348

I think I’m jumping on the XLM bandwagon because it’s going on Robinhood. I think it will get a boost from normie money.

>> No.6967368

>>6967308
i like discussions, so let's bring out some countearguments against XLM.

What makes it worse than ETH, EOS or NEO?

>> No.6967404

>>6967336

A little bit more than that, but surely the liquidity is designed to be that way.

Its #6 market cap right now, absolutely expecting a 1-2 spot in 2018

>> No.6967408

>high supply coin
even going as high as 2$ is stretching it

>> No.6967412

For the past few days every fan boy has been saying it’s going to moon. And from the looks of it, it’s stayed the same or has gone down.

>muhfairX
>muh85billionuncirculatedcoins
>muhmoon

Another lame coin

>> No.6967442

>>6967348
Only it won't be getting traded there m8
Just watchlist

>> No.6967443

>>6967368
Worse Logo, that's it.

>> No.6967449

>>6967336
I think if crypto grows as a whole and total marketcaps increase it won't be impossible to see $10 lumens in a few years maybe. I mean, it's the one coin out there now which is really suited to mainstream adoption, $10 would require less than BTC ATH market cap. Not saying it's definitely going to happen but it's far from impossible.

>> No.6967451

>>6967412

>not understanding solid 3-5% gains per week is better than hype pajeet scams like TRON

>> No.6967452

>>6967412

Its literally #6 ranked by mcap. That is pretty a pretty serious rise. Dont tell me you go by coin price?

>> No.6967483

>>6967412
0.5/10 fud, this shits about to blue sky breakout in sats

>> No.6967521

>>6967443

It needs a total rebrand thats for sure. I actually like the idea that it will get rebranded while being a top 5 coin, will give it yet another leg up (because you simply cannot do worse than its current branding)

>> No.6967586

>>6967408
GTFO with this retarded meme, newfaggot.

>> No.6967675

>>6967521
>>6967443
This shit right here man. If they mentioned a rebrand in the roadmap I would have a foreverection.

>> No.6967697

>>6967368
I'm a stellar holder, but I think it's going to have problems at scale. Think how many transactions per second it would have to push to be the world's largest currency exchange. Maybe up to a half million transactions per second? Honestly no one really knows.

That's why I liked the mention of the lightning network on the road map. But, there is no telling if that'll be enough.

That being said, once real first world banks tokenize dollars/euros on the stellar network it'll just be a matter of time before it replaces BTC as the world's digital store of value. $100 per lumen in 5 years.

>> No.6967743

>>6967586
great argument dude

>> No.6968150

>>6967368
https://www.stellar.org/stats/

The stellar org owns 70% of the coins and you are literally their bitch . They can dump on you at any time they want and make a nice excuse also (we had to drop the value of this coin so all the poor people from africa can buy them).

Remember there is no mining (those coins already exist and can be put in circulation at any time) and there is 1% inflation per year on top of it. So yea good luck with that.

>> No.6968277

>>6968150
>mfw there are people on /biz/ who don’t understand stellar is just like ripple

Im not going near either of them for the exact same reasons.

>> No.6968352
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6968352

>>6968277
>mfw there are people on /biz/ who think stellar is just like ripple

>> No.6968461
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6968461

>>6968352
>mfw there are people who don't raise eyebrows about them both owning 80%+ of the supply

>> No.6968478

>>6968150
Vitalik owns like 10-15% of ETH also.

>> No.6968537
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6968537

>>6968478

>> No.6968556

>>6968277
Juto dont FOMO in and you will be alright

>> No.6968557

>>6968461

>thinking they dump supply to get rich quick when they can get 10x more with tokens, infrastructure and appreciation

>> No.6968666

>>6968557
if XLM gets to $3, the foundation will be worth more than Ireland.

>> No.6968694

>>6967348

>I think it will get a boost from normie money.

What? Only BTC and ETH are available, the rest are watchlist only

>>6968150

>being this dumb, ignorant, and naive to even research the project to understand why it has 100billion coins and 1% inflation

its ok it'll take a while for idiots like you to realize this is the new bitcoin. Until then, keep missing out on those gains

>> No.6968735

>>6968666
market caps in crypto compared to real world don't make sense anyway

>> No.6968769

>>6967404
Don't think so, especially if there will be no flippening. 4th place is entirely possible though

>> No.6968793

Huge 1.5mil buy on binance.

68 wall is coming down

>> No.6968796

>>6968694
The inflation mechanism is retarded. at the very least it should be distributed across each wallet equally.
You have to pool your XLM just to keep your money.

And clearly it hasn't done a good job at "stabilizing" the volatility which is its stated purpose.
There's nothing wrong with having a high supply. There's something wrong with controlling more than 10% of it. XLM is a centralized shitcoin.


>>6968735
I didn't say marketcap. I said the foundation, that's how much money they'd have as one group.

>> No.6968843

>>6968666
>potato niggers

>> No.6968981

>>6968796
I see, sorry fellow anon

>> No.6969112

>>6968796

>The inflation mechanism is retarded. at the very least it should be distributed across each wallet equally.
>You have to pool your XLM just to keep your money.

In order to get inflation, you need 52 million lumens. Thats it. If you dont have that, you can make a community pool and garner support. If you dont have 52 million lumens, YOU dont get inflation rewards. Think of it as a minimum requirement for this thing to start pumping all the rewards back to you.

>And clearly it hasn't done a good job at "stabilizing" the volatility which is its stated purpose.

Actually it has, compared to the volalitily of other things in the crypto market. If you think constant pumping and dumping is a problem, we are never away from that problem.

>There's something wrong with controlling more than 10% of it. XLM is a centralized shitcoin.

1) The group is a non-profit, they are barred from doing anything to make profits from their actions. That means that 70 Billion lumens has to properly be distributed to the plans they outlined, which relates to its mandate and future goals (things im pretty sure you havent even read or heard of)

2) They are an authority figure for the time being until enough support and liquidity is on the network so the community can stand on its own 2 feet (something im sure you wouldnt of envisioned because you didnt research the reasoning behind their project other than looking at simple data points)

>> No.6969220

>>6967208
Ethereum was never hacked, stop this fud.

>> No.6969267

>>6967208
>>6969220

Yes ETH was never hacked

a Stellar third-party was hacked though not that long ago (2 weeks ago). BlackWallet got hacked and when people logged in their private key was exposed (idiot design desu) and the lumens went right to the hackers wallet.

Buddy stole 600k$ and sent them to Bittrex. No news yet from any sources, im assuming the funds are gone

>> No.6969296

>>6968478
Vitalik owns 375k eth.

>> No.6969303

>>6969267

>a Stellar third-party

a Stellar third-party storage WEB-WALLET**

>> No.6969329

Even before Mobius was SureRemit.
Stellar-based for international money transfers to shithole nations like Nigeria and Central America, except the transfer goes directly to the merchant, utility company, pharmacy, etc rather than being converted at high fees into Niggerbux where it can be stolen by organized crime and/or their 3rd world governments.
Get a nibble of each transfer when the jihadis send their European dole money back home to mama.
Run by Nigerian princes so it will be the darling of the 'banking the unbanked' financial transfer world.
ICO tokens locked to prevent/delay a dump.

>> No.6969337

>>6967142
They are centralized.

>> No.6969383

>>6969112
> you dont have 52 million lumens, YOU dont get inflation rewards. Think of it as a minimum requirement for this thing to start pumping all the rewards back to you.
I think of it as a way to ensure only the organization gets to decide where the new money goes. those who own who don't realize the scam (90% of xlm owners keep their XLM in exchanges) get their votes lost, and the org gets more free money.

their "future plans and goals" involve dumping XLM on curryniggers so they can dump their bags on anons, for free.
the organization can't "profit", but the people in the organization can get paid whatever they want with the organization funds

>they need to hold 90% of the funds to "get the community on its feet"
nice. never saw any other coin that succeeded without the owners owning the entire supply

>Actually it has, compared to the volatility of other things in the crypto market.
compared to a nuke, it was only a MOAB! very enticing

>> No.6969390

>>6969329

lol ok there

>> No.6969536

>>6968666
>ireland doesnt even have a white paper or smart contracts
SELL!

>> No.6969565

>>6967336
I don't get this whole market cap meme? If there is a mass transfer of funds out of one coin into another, wouldn't the market cap remain the same in the cyrptomarket, but cause one coin to moon and another to tank? When people mass sell a coin like bitcoin, is that money removed from the cryptomarket?

I really don't get this market cap meme.

>> No.6969631

>>6969383

> (90% of xlm owners keep their XLM in exchanges)

wtf are u on about? The code was designed in a way so you have to do these steps to get inflation. If you are too illiterate and lazy to get it out of exchange and into your own wallet, then thats your problem

> involve dumping XLM on curryniggers so they can dump their bags on anons, for free.

Was this easier or would u rather have first-time adopters mine 10000s of bitcoins for 'free'?

Would u rather make word-of-mouth community rise together or just give EVERYBODY the chance to make money in an unregulated way? I like the first option because it allows them to steer the community into the right direction

>they need to hold 90% of the funds to "get the community on its feet"

ok its 70% if u really want the correct number, and they are barred from making ANY profits because they are a non-profit in the United States. I dont know how that doesnt make sense to u.

>compared to a scam, this aint that bad!

Yeah usually in crypto, you either make money or lose it. Stellar seems to be the only thing winning m8

>> No.6969645

>>6969565
God damn you are a fucking moron, read a book.

>> No.6969670

We're almost at 7d ATH lads!

>> No.6969686

>>6969631
>non-profit barred from making any profits
that's simply an administrative definition of profits mate... essentially, bullshit.

>> No.6969704

>>6967697
I disagree. The stellar on stress tests has had 5000 tx/s. Its only limited by the hardware used.

>> No.6969731

>>6969631
>it's good to have to do work to avoid the XLM foundation tax of 1% per year.
I'll stay lazy, anon. Enjoy your shitcoin. And the next 50% dump when the foundation releases their next batch of XLM

>> No.6969743

>>6969670
thx just sold 100k

>> No.6969767

>>6969565
Market cap is based on how much money is in crypto. It can increase or decrease based on how much money is put in, but there is a limited amount of money in the market. Bitcoin has a market cap of around 200b with 17m bitcoins circulating and each one is worth $11k. Stellar has 17b in circulations which means that its max price per coin goes down. Stellar is 1/10th the market cap of crypto so if you consider the current price of stellar, the max price with the current market cap can be $0.63 * 10 = $6.30 dollars

>> No.6969805
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6969805

>>6969565
>market cap meme

>> No.6969837
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6969837

>>6969686

No its essentially illegal if they try u fucking idiot, but u wouldnt have the mental capacity to know such a thing

>>6969731
>implying hes avoiding anything but free money due to his ignorance

lol why would I even bother, you're too ignorant to see free money when its handed to you weekly, for FREE, just by having a wallet linked to inflation address. But hey fk it, whats the point if its going to be worthless in a couple months when the release a 50% BATCH of all lumens

amirite?

>> No.6969898

>tfw you sold it yesterday to buy back in lower price, and its still goin up

reeeeeeeeeeeeeeeeeeeeeeeeeee

>> No.6969900

>>6967287
It actually does so much more...
And is being used globally and adapted on a much higher scale....

>> No.6969908

>>6969767
So you're saying because stellar has so many fucking coins in circulation, that it realistically will never moon to bitcoin levels because that would mean it would take a fuck ton of money being pumped into the cryptomarket for it to happen. Ok I think I get it thnx

>> No.6969918

>>6969837
Nothing is free anon. You'll learn it soon enough

>> No.6969935
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6969935

>>6967142

>> No.6969960

>>6969908
It only took about 8 billion dollars to create the current market cap.

Stellar provides inflation... It's basically an equity stock. It's got big money written all over it.

It will be pumped into infinity. Over $1,000. Eventually. It's the only coin to own anymore.

>> No.6970003

>>6969837
i'm almost cpa eligible... i know exactly what i'm talking about

>> No.6970011

>>6969960
Sold all mine at 5400 and now it's not going back down. Oh well. I think I'm gonna all in link and come back in a year

>> No.6970024

>>6967336
You're so fucking dumb. All of you are so fucking dumb.

>> No.6970043
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6970043

>>6968843

>> No.6970066

>>6967412
Was literally the #3 best coin in 2017.
Is literally the best coin in 2018.

I literally wish I could beat the fuck out of your face. You're SO fucking dumb. I cannot believe people like you actually walk the planet. I bet you hate Trump too.

Dumb piece of shit.

>> No.6970071

>>6968150
You do realise the 1% inflation is increasing the current supply up to the total cap....

And it will take 90 years for entire cap to enter circulation in this manner....

You retarded fuck nugget...

>> No.6970072

>>6970066
>literally

>> No.6970100

>>6970011
Should've learned TA. Guess that was a fake waste of time too.

We all make choices. You won't make it.

>> No.6970119

>>6970003

>im almost not retarded

>>6969918
>Nothing is free anon.

Lol if you put your lumens in a wallet thats not an exchange and set up your inflation address, yeah it is free bud

>> No.6970125
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6970125

>>6970011
BUY HIGH SELL LOW

true biz

>> No.6970135

>>6969908
Understand that the market cap ratio of btc/xlm is the level

>> No.6970148

>>6970135
BTC doesn't fucking matter. It's being phased out. Wake up.

>> No.6970221

>>6970125
it hasn't broken it's high from yesterday... it's just swinging sideways rn, and it's on the overbought side. You guys are being faggots.

>>6970119
Non-profit corporations do not profit from operations for tax purposes, that does not mean that they do not create or increase in value, my man.

>> No.6970243

>>6970100
I also do fundamental analysis and this shit should've dumped to 4000 with that road map but this market is ducking retarded

>> No.6970246

>>6970148
I know man I'm just talking about it realistically. The market cap won't go past the bitcoin high when it dominated the market

>> No.6970280
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6970280

>>6970221
yesterdays high on binance was 5799....

>> No.6970303

>>6970243

thats true anon, it was dumping like that then asians made it back without a proper reason...

>> No.6970333

>>6970280
I'm looking at ETH pairing, that's where most of the buy volume has been, people on BTC are bears.

>> No.6970447

>>6970221

so tell me, whats bad about this again? Are you afraid some dev is going to run off with millions of lumens? I dont get your concern other than poking at random things

>> No.6970547

So is it too late to fomo in?

>> No.6970670

>>6970447
I find it disturbing you have no concern that someone just printed themselves 8 billion dollars.
If I make my own fork of stellar.... will people give me 8 billion, even if I owned 90% of the supply?

>> No.6970683

>>6970243
Then you literally have zero clue what you're doing and probably are part of the problem of why people think TA is garbage in crypto.

>> No.6970708

>>6970547
no it's about to go back up buy this dip

>> No.6970839

>>6970670
>At the genesis of the Stellar Network, 100 billion lumens (XLM) were created as specified in the protocol. As part of its custodial mandate, SDF is entrusted to oversee that the vast majority, 95 billion, of the lumens are distributed to the world.

>SDF manages the execution of lumen distribution, with oversight and direction provided by SDF’s Expansion Board.

>50% for distribution via the Direct Sign-up Program
>25% for distribution via the Partnership Program
>20% for distribution via the Bitcoin Program
>5% held by SDF to support operational costs

>5% held by SDF


5% kept for operation costs. The rest of lumens are given to developers when they LEAVE SDF to create something for the stellar network like many of the developers have already

>> No.6970862

>>6970708
in 2 hours should be down to 5200 sats, by my look, tell me if i'm wrong.
>>6970447
you are mischaracterizing their non-profit status as having any bearing on the debate. They could do a lot of things to ensure their employees profit largely off of xlm.

>> No.6970896

>>6970862
that's what they said yesterday

>> No.6970957

>>6970896
it hit 5170, 30 minutes after midnight my time... faggot.

>> No.6970981

>>6970862

Im saying that as a non-profit, they legally cant go out using their official position in that non-profit to make money for themselves. Sure they could give some guy more lumens but you are assuming that you know how the organization deals with itself. You are implying that the foundation can't 'ensure' that profits aren't being abused

Ok m8 keep implying, they are bound by a mandate and non-profit status. If they break that, everyone will stop using Stellar. Until then, they're winning m8

>> No.6971042

Thinking back to comfy days
Before I sold off all my lumees
I saw heaven but was so afraid
When I got there Jed would try to jew me
How can I get back there mommy
How can I be whole again
I need my stack, I want to make it
Please dip I can't take the pain

>> No.6971051

>>6970981
I'm going to be honest with you, I don't trust 99% of cryptos. Almost none of them have completed even 10% of their roadmaps, this whole market is rabid speculation. It's just like how XRP was supposed to be 'traded by banks' and turned out they had just adopted some technology. My point is just because it's winning doesn't mean it has anything like fundamentals.

>> No.6971080

>>6970839
and where does the money from those signup programs go?
"5% held by SDF" is misleading, clearly they hold 80% in those distribution programs, where they're selling lumens at market price

>> No.6971141

>>6967412
its been slowly and very healthily breaking resisting points consistently for the last week, everyday i wake up its 100 sats higher than the last. watch it break all time high and hold without even a whale pump, it will slow climb straight past that point

i looked at this coin when it was 48 cents and could tell it was undervalued. its pricing itself in and you're getting left behind

>> No.6971236

>>6971051

Oh I know dude, I trusted only a few cryptos in my entire life.

Went from great fundamentals to just being hyped up to roadmaps being delayed and me saying fuck it, all of this shit is a scam

Then I stumbled upon Stellar and my senses start tingling like when I invested in LiteCoin or TenX. Great ideas, but arent ready for the market. The more I read into Stellar, the better I felt.

Truth be told, I got in December for Stellar just before the normie waves came in, right BEFORE XRP mooned, before FairX got shilled on 4chan (I stumbled upon on it on reddit), before people even knew that PBC was shilling this

and honestly, all of that chaotic factors STILL have made this shit strong. From someone who was in crypto for the last year and being in XLM for the last month of this crazy shit, I can tell you that if it can survive what it went through, (not even CNBC or Mcafee cant dump this) 2018 is going to be a golden year for this bad boy

just DYOR

>> No.6971257

>>6970957
but it went back up didn't it?

>> No.6971267

>>6971080

>and where does the money from those signup programs go?

It goes to the people signing up. Its free word-of-mouth lumens for the community. They're not releasing billions daily stop thinking like that jesus. Go on their website and you'll be notified if anything comes up

>> No.6971287

someone just put a huge ass buy wall up

>> No.6971356

>>6970333
Both pairings have a say on how high or low this will go. When one outpaces the other you will notice people will switch over and trade into the other one when buying or selling.

>> No.6971428

>>6971267
why should i pay money for this when they're just giving away millions of lumens a month, and can continue to do so for the next 10 years?

>> No.6971517

i just have this itch in my ass to daytrade my lumen stack into oblivion

> sold half at 5,8k sats
> set buy order at 5k sats

didn't even come close... now i'm thinking of buying back before 6k to not miss the real EOM moon

>> No.6971555

WAKEY WAKEY SNAKEY. LETS GO TO THE MOON BOYS AND GIRLS

>> No.6971582
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6971582

>>6971428

> giving away millions of lumens a month

I wouldn't assume thats how its going to happen. Usually they give it to people who want to SUPPORT Stellar, not just free hand outs.

honestly you shouldnt put money in this because other people tell you to. I personally put it in because its trying to be what Bitcoin was trying to be. And if you care about crypto or tech, then you will realize this is a financial leap into to future, and the primary participants are the people who want to have control over their own money. Not be cucked by third-party institutions that take weeks to wire-transfer cash and bankers who have a centralized economy.

With Stellar, I can make my community financially independent from big banks and old age infrastructure. I can trade my carrots for bobs eggs using Stellar and having it all on the ledger. I can trade my futures contracts with charlie's metal assets

pic related, ppl think its a joke

>> No.6971651

>>6971257
Yeah then it went down to 5200 again. it seems like some sort of pattern.. a sideways trading pattern even, one where it approaches a high meets resistance and falls to a support line... what would you call that?

>> No.6971683

>>6971428
Do you know what their giveaway structure is? Do you think they're just going in to African villages and handing out thumb drives?

>why should i pay money for this
Why should we care about the opinion of someone who can't hasn't even learned to capitalize their "I"'s. The coin has gone up, the coin will go up. If you want to make money you buy the coin. If you want me to wipe your ass give me your address.

>> No.6971700

>>6971582
Stellar is more centralized than the banks anon. They hold 90% of the supply. They can do whatever the fuck they want to do with it.
at current rate it looks like they'll continue giving it away for free and selling it.

You're switching one centralized power of 20% for one with 80% control

>> No.6971709

just change the rocket logo to a yellow jew star and make it the world currency already

>> No.6971748

>>6971683
>muh capitalization
it's 4chan faggot. kill yourself
i bought at 2 cents, sold at 70. it was low risk at 2 cents, very high risk at 70 cents
decided I'm not buying back in, too much risk with the greedy owners. And yes, deciding who to give their 80% supply is still greedy.
Burning it is the selfless thing to do.

>> No.6971796
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6971796

>>6971748
It's called being an adult you dipshit. It's the internet equivalent of going to work in your pajamas you fucking mongrel.

Go ahead, tell me how they structure their giveaways. Who does the XLM go to and why?

>> No.6971812

>>6968793
True if big

>> No.6971830

>>6971796
It doesn't matter. All that matters is at these levels I can have no sizeable control of the supply.
They control the entire supply and decide who benefits from that.

And in every case, the answer is NOT ME.

>> No.6971868

>>6971700

All you keep saying is they HOLD 90% of the supply without telling me what the actual problem with this is. And the only speculation you can come up with is how they can control it to their advantage. This isnt some fucking bitcoin fork, this isnt some start up, this is an organization that was put together by some of the smartest people in crypto in order to make a blockchain for the future of payments. IF you really think the people behind this are pump and scammers without doing anymore reading into it, then thats your downfall bud

>> No.6971877
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6971877

>>6971830
Then get the fuck out of crypto because the government is more of a threat to your investment than Stellar is. You're avoiding the freeway because you're afraid someone is going to hit you. Nice capitalization

>> No.6971896

>>6971830

>https://www.stellar.org/about/mandate/#Mission

>https://www.stellar.org/about/

enjoy faggot

>> No.6971991

>>6971877
That's just the thing. If I'm in crypto to avoid the federal reserve... why choose stellar? They print at a higher rate than the federal reserve, and they control less of the USD supply than the XLM foundation controls XLM.
>>6971868
The entire point of Bitcoin was to be a decentralized, peer to peer currency. Any currency that is controlled by 1 entity is not decentralized. They can pump & dump, they can control the network however they want.

>> No.6971992

>>6967208
Pure shilling. Go home. This coin will peak at 5 dollars in 100 years. Complete garbage coin byt the man who brought you xrp and mt.hax. YOu are a tool.

>> No.6972051

in all seriousness, you cant shill anyone to believing in your coin other than them giving the same trust as they would with any other coin (mostly scams). So for your own benefit, DYOR and make decisions based on fundamentals, not constant shilling on /biz/

The shilling will happen constnatly because well, pajeets think its a good thing and want u to buy so thats all you'll hear. You wont hear why they are good or why its better than the next thing. And honestly, im tired of people in crypto doing this. Having to pick 1 out of the rest because it'll make them 'money'

no fuck you all of this is going to crash and burn, dont invest anything you're not willing to lose and dont ask people for advice if you cant make your own decision. You'll lose money faster

>> No.6972062

>>6971991
>If I'm in crypto to avoid the federal reserve... why choose stellar?
I have no idea what your point is.

>The entire point of Bitcoin
Forgot the part where this isn't Bitcoin.

>They can pump & dump, they can control the network however they want.
Why are you in an unregulated market then? Holy shit your fud is just stating obvious shit.

>Guys what if the internet shuts down why stellar?
>Guys what if a meteror hits why stellar?

>> No.6972164

>>6967244
Checked. The only thing that I'm wondering about is why are they looking to implement lightening network. Still unsure of this one part.

>> No.6972196

>>6967336
XLM should be at minimum 5% of total market cap for what they have the actual chance to do (and have been working on it for awhile - not some 2023 promise shit).

>> No.6972278
File: 148 KB, 1218x685, quail.jpg [View same] [iqdb] [saucenao] [google]
6972278

>>6972164
It's called Google

Implementing the Bitcoin Lightning Network on Stellar
>I’ve been thinking about how to expand support for smart contracts on Stellar, looking at use cases to learn what we need to make them viable. One of the most compelling things I’ve found is my friends Joseph Poon and Thaddeus Dryja’s smart contract-based proposal for bitcoin. It’s called Lightning Networks.

>Lightning allows you to set up a channel to send transactions securely between two parties, off blockchain. Neither party needs to trust the other—they only go to the blockchain to settle a dispute or to close the channel. Theoretically, any given channel could stay open for years and have millions of transactions flow across it without ever settling to the public ledger.

Goal #2: Lightning Network on Stellar
>Technology has always been the strongest part of the Stellar story, and we will make it even stronger in 2018. We’ve noted the market demand for more private channel transactions on Stellar, and we will integrate Lightning in 2018. For those of you unfamiliar with the tech, this Vice piece is a decent introduction: WTF is the Lightning Network and Will It Save Bitcoin? Of course, unlike Bitcoin, Stellar doesn’t need “saving” . . . we’re just going from a good place to an even better one.

>Lightning will have a huge positive effect on Stellar’s long-term scalability and security. We’ve been aware of Lightning’s potential for Stellar for a while, and we’ve recently collaborated with Stellar advisor and Bitcoin Core developer Jeremy Rubin to optimize our implementation. Expect a detailed technical post on this soon.

>We intend to extend Stellar Core with a Bump Sequence operation; you can see our progress and read the formal spec on github.

>> No.6972328

>>6967348
It feels like holding $50 ETH last April

>> No.6972496
File: 814 KB, 1080x1676, 20180126_182026.jpg [View same] [iqdb] [saucenao] [google]
6972496

>>6967697
Steller had a $2.4 trillion stress test in 24 hours about 5 weeks ago.

Side note - see the steller reTweet from today?

https://twitter.com/anthony_barker/status/956859438962425856

>> No.6972505

>>6970066

Whoa bud. Trump is the worst. That has nothing to do with XLM being a good coin.

>> No.6972557
File: 980 KB, 1022x800, 1516616560990.jpg [View same] [iqdb] [saucenao] [google]
6972557

>>6972505
I mean you're wrong but I respect your opinion and you can sit next to me on the rocket

>> No.6972581

>>6972505

dont give your political opinion no one gives a shit

>> No.6972598

>>6970024
This, EVERY fucking XLM thread there are retards thinking they're smart because they know what a market cap is.

Guess how much the market cap of crypto as a whole has grown for the past years?

>> No.6972693

>>6972598
Yes. Current Marketcap of Bitcoin is around 188 billion, but if some whale do a purchase of 200 million it will shoot to more than 300 billion.

>> No.6972815

WERE GETTING FUCKED BY BTC AGAIN

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

THIS IS THE WORST TIME WERE TRYING TO BREAK THE WALL NOOOOOOOOOOOOOOOOOOOOOO

>> No.6972842

>>6972598
Every thread there’s some pajeet desperately trying to convince marks that they should ignore market cap.

>> No.6972898

>>6969898
THIS THIS AND THIS

FUCKING COIN ALWAYS DOES WHAT IT ISN"T SUPPOSE TO

MOON ON NO ANNOUNCEMENTS

NO MOON ON MEGA ANNOUNCEMENTS

DOESN"T HAVE A GOOD DIP AFTER A HIGH POINT, BUT WHEN YOU DONT SELL THE TOP IT HAS A MAJOR CRASH AFTER THE HIGH POINT

FUCK LUMENS PIECE OF JEW TRICKERY

SELL

>> No.6972926

>>6972898
>SELL

Then buy back at ATH

>> No.6972943

>>6970243
You are correct, ignore the fucking lumen lovers
This coin is random as all hell

It normally has a horrible crash after an uprise, but XLM cucks will say durrr you don't know stellar at all. Learn TA durhhhh, what it is doing is not normal and i will wait for it's inevitable crash/dip

>> No.6972945

>>6972898

What it does do, is rise consistently. So buy and hold

>> No.6972959
File: 58 KB, 719x1280, robinhoodcoins1.jpg [View same] [iqdb] [saucenao] [google]
6972959

>>6967142

>> No.6972966

>>6972842
Depends on whether or not you believe XLM will be widely adopted, nigger

>> No.6973007
File: 95 KB, 861x804, IBM2.jpg [View same] [iqdb] [saucenao] [google]
6973007

>>6970243
You're the same retard that's been saying the same retarded shit about the roadmap every thread except this time you're pretending to do fundamental analysis

>> No.6973053

>>6967308
Because it's the normies' flavor of the month. We went through this shit with Litecoin, Ripple, Cardano, IOTA, TRON. They'll move onto something else in February.

There's literally nothing special about Stellar Lumens. It'll be out of the top 10 within two weeks.

>> No.6973057

>>6972926
>>6972945
wrong it likes to sit around and do nothing for ages, check the chart and go to the 4h mark setting....

I'll be buying back in when it goes low again. As always

>> No.6973088

>>6973053
How long has it been in the top 10?

>> No.6973099

>>6972959
Xlm is only gonna get put on a watchlist. No trading

>> No.6973104

>>6972945
This, it seems to be an (((insider))) coin and we're currently at peak market manipulation from insiders; sauce btc closing at 11k to match the futures price.

For now, I'm betting on these schlomo coins, unless btc breaks the futures manipulation.

>> No.6973118

>>6973053

>literally nothing special about being a major competitor for payment solutions in 2018

:^)

>> No.6973124
File: 151 KB, 1164x762, line.gif [View same] [iqdb] [saucenao] [google]
6973124

>>6973057
Point out the problem

>> No.6973144
File: 422 KB, 1350x881, hmm.gif [View same] [iqdb] [saucenao] [google]
6973144

>> No.6973324

>>6973088
About a week. It's been around for fuckin ages, it didn't just appear like TRON, IOTA or Cardano out of the blue. Anyone here who isn't a plebbit normie has known about it for years. That's why it's so surprising that everyone has fomo'd onto the bandwagon of an already well established coin for no discernible reason.

>>6973118
You'll make money, sure. But this shit isn't going anywhere and you know it. You're putting on a brave face just to pump the price a bit further. As I said, we saw the exact same thing with IOTA, Cardano and TRON. All had incredible bull runs from practically nothing, reached the top 5 and then stagnated or plummeted. For those few days, everyone was shilling the shit out of the coin talking about how they were the next Ethereum. Now? Well now no one gives a fuck about those coins.

>> No.6973343

>>6972328
>4/20/2017
>stoned as fuck
>buddy tells me to buy ethereum
>lol why not
>set up coin base to buy $400 worth
>accidently buy 4k worth
>comfy asf now

>> No.6973395

>>6973324
>About a week.
You're retarded. It's been on the top 10 since at least beginning of December

>> No.6973487

>>6969565
I create 100 Big Balls Coin (BBC) for my rich Chad friends.
I sell 99 meme BBC coins to them for $1 each.
Market cap is $100.
Some white women in a liberal state where most cucks have small penises sees the BBC coin and thinks she is buying some big black cock porn for her and her cuck. They pay $10 for the last BBC coin.
Market cap for BBC $1,000.

Value > meme crypto market cap.

As the entire community progresses, market cap calculations will, and rightfully should, progress and get more detailed.

ETH market cap - $103 billion which is higher than

PayPal
Qualcomm
Adobe
Kraft
Charter
Costco
Starbucks
Walgreens
Fox
Marriott

etc....

>> No.6973519

>>6973124
Look how long it sits there at times barely moving up or down. That is when we see all the threads of people crying saying the coin won't do anything.

Those little up rises you see are NOT moons, this coin so far has had 1 moon if you look way back. Quite a nice moon i must add, but besides that it likes to do a lot of sleeping m8

>> No.6973587
File: 15 KB, 205x111, 1514011629073.jpg [View same] [iqdb] [saucenao] [google]
6973587

>>6973519
So in a market where some coins have lost most of their value, XLM being stable or trending upwards with the exception of a total market crash is a bad thing?

If people want to be adhd gainzbabbies they can, but when they come in hear fud'ing and mewling about 'shitcoin pajeet wtf' without the tiniest bit of information backing up any of the shit they say it gets annoying

>> No.6973705
File: 1.72 MB, 2448x3264, 154.jpg [View same] [iqdb] [saucenao] [google]
6973705

>>6973587
I am not a fudder, i've been in too many threads cleaiming 'moon imminent'
Newfags everywhere joining, then it goes up a little. Everyone gets excited as hell, followed by a nasty crash

Then it'll do nothing for ages, the coin should be doing better than it has in the past.... i'll tell you that much.

Maybe now is different, i however hope it crashes right now so i can buy the dip :)

Enjoy my snek of downtrend

>> No.6973785

>>6973705
Just treat people saying 'mooning!' as the same going 'nigger!' in /pol/. Confirm everything yourself

>> No.6973825

>>6973785

Fucking nigger

>> No.6973827
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6973827

>>6973825

>> No.6973859

>>6973705

lol no faggot XLM has entered the stage where it will constantly have normies coming in. Its what mass adoption means u fucking idiot

>> No.6973866

>>6967308
How high end of year?

>> No.6973885
File: 52 KB, 720x480, 1517013420771.jpg [View same] [iqdb] [saucenao] [google]
6973885

>>6973827

>> No.6973894

haha, i sold the peak again! this shit is so predictable!

>> No.6973952

>>6973894

Nice youll made all of what $20? I have 35k of these and the last 14 hours have been extremely minute swings

>> No.6974074

>>6973952
I have 3k.

Am I gonna make it?

>> No.6974211

>>6974074

Honestly, this is probably small but stable territory. You want to have stellar as your core steady riser instead of bitcoin and gamble on the shitcoins, youll make money on xlm even if u pick utter shitcoins.

Me, i just want about 100-200k from the $30k worth of xlm i have. Think it may be doable

>> No.6974494

Just a quick Q about Stellar/XLM.
Any of you worried that 65% of it's volume is on one korean exchange and pair?
Seems like a pretty basic source of weakness, and the Koreans are fucking crazy (obviously).

>> No.6974592

>>6968150
Stellar is a non profit. Those coins are incentives for partnering with Stellar (like IBM did)
Ripple is a for profit. The coins they keep are to pay their salaries. Not saying Stellars better, but I like the Stellar system better

>> No.6974647

>>6973952
I made 50%, dumped.

>> No.6974664

Crypto noob here, just got some ethereum today. Should I buy now or do you think it will consolidate back down to mid 50's?

>> No.6974691

>>6974664
There are huge volumes on the buy side right now, I would wait, some wealthy people are fucking with the price.

>> No.6974764

>>6974592
Agree and it's the only coin I will buy along with VEN. High ceiling, low risk. All one could ever dream of in an investment.

>> No.6974801

>>6974592
This is somewhat of a farse to trick goys like you.
Stellar is non profit but they have a separate for profit arm; lightyear.io

>> No.6975109

>>6969837
At least Doge is the one fucking Bitcoin.

>> No.6975112

>>6974691

Wealthy people are fucking with the price.
Not just any wealthy people. Jed Macaleb created XRP. And XLM. And worked on BTC.
He's like, the 40th richest man in the world. I would assume he's got insane connections.
It's not just wealthy people, it the MOST wealthy people. They don't need the money that XLM might earn, so they don't care to pump it.

>> No.6975547

Fucking worthless yellow skinned, slant eyed, micro penis gooks selling off our gains today.

We should of dropped more nukes.

Fucking pussies

>> No.6975586

>>6975547
imagine being this aspie about crypto

>> No.6975608

>>6975547
Actually it's just algo's trading the waves, like always. Doesn't matter if you buy or not, it's going where it's going.

Wise the fuck up.

>> No.6975698

So, all those red sell candles are buys and it doesnt matter?

Oh, ok got it rando. Idiot

>> No.6975753
File: 118 KB, 1000x728, 1514951375594.jpg [View same] [iqdb] [saucenao] [google]
6975753

>>6972557
>implying I'll be sitting next to that fucking pleb on the rocket
If he doesn't like Trump he can be at the BACK of the rocket.