Why is this so cheap?

Guys its not his fault he is a stinky pjeet. He can't help smelling like shit and being retarded.

IBM is using it for payments (brother told me tons of ATMs all over the wold are using IBM software so this is quite important)
they are working on FairX, a coinbase-like web which lets you buy crypto for fiat (it does the fiat>lumens>crypto behind the curtains) which will work on lumens and should be in beta Q1 2018

since you are clearly to stupid to understand the concept of what market cap actually means, let me spell it out for you. Since there are 103 billion XLM, and only 96 million ETH, lets take the entire amount of money that has been put into ETH so far.

97,000,000,000 MCAP/103,000,000,000=0.941747572815534

WOW! So with ETHS MCAP its not even worth a fucking dollar! You want to know why this shit trades sideways? This is it. There are literally more coins for xlm than there are DOLLARS in eth. If you use btc mcap as a sample wow it is 2 dollars!!! For this shit to go up it needs basically thousands of times the amount of money flowing in. How can someone be so stupid as to look at a coin with literally more supply than dollars put in the top coins and think this shit will ever moon? It will be temporary and then all the faggots sitting around while it trades sideways sell faster than money can even possible come in. Learn to do simple fucking division mongoloid

This. Also, backs are using it.
If you don't expect a BTC bullrun you should be all-in XLM.

LMFAO you guys are so fucking deluded.

OH MY GOD YOURE RIGHT DEMAND WILL NEVER CHANGE. XLM IS PRICED IN GUYS.

banks*

read this if you guys are interested in Stellar reddit.com/r/Stellar/comments/7kqk2g/stellar_lumens_hodl_alert_2017_round_up/

have a thousand of these.
and having them turn into $5 sounds good to me either way

if its so great then why did bittrex give me a load of them for free a few months ago

ok so even if demand goes up it is expressed in the market cap. how can you not understand this? lmfao

literally the same jew
en.wikipedia.org/wiki/Stellar_(payment_network)

I didn't say I agree with OP, I know $500 probably won't happen, but we can see $10 by end of the year. Roadmap is coming soon, and we know LN will be implemented. Also watch this youtu.be/vWd94_GEQZo?t=3m48s

Hello, is this Bagholders Anonymous?

not to fucking mention for 5 dollars lets do the math!!! For 5 dollars it would need 515 billion in it! THAT IS DOUBLE BTC?? How can you possibly think that much will flow into XLM over the course of a year? You XLM faggots are so god damn deluded it hurts. XLM would need over a trillion MCAP to hit 10 dollars. The entire crypto market is likely to be worth that much in a year, but no you deluded faggots are gonna keep saying this will hit 10 dollars when it is fucking impossible due to simple math. I am sure you are just shilling this now cause you are bagholding from the bullrun it just had, and now it will drop and start snaking right where all you dumb deluded fucks are still holding it cause you think ONLY cause its cheap you will make money, without realizing WHY its so cheap. Maybe demand will go up but there is no way you will have the gains you are talking about.

kek

>Crypto cap started Jan 2017 @ 16 billion.
>Crypto cap ended in Dec 2017 @ 650 billion.

This is like a 40x

Assume this year we do a 20x. This would give XLM a cap of like 240 billion.

aka 2 dollars so shut the fuck up dipshit we just did those figures earlier in the thread

>made the same OC

But if crypto x50's because of the normies, we do get there.

so why not make real money on a low supply low mcap coin?

> lets do the math!!!
> For 5 dollars it would need 515 billion in it!

kek

Holy shit it will never go past 0.25 SELL SELL SELL

>implying I don't have low caps, mid caps AND high caps

My bags are packed.

Why not get the fuck out of this fucking thread you FUD shitter

Lol there are billions of lumens and you think it will go higher than a few bucks? Get off this board child and go learn some economics

lmfao I am trying to educate you guys on how this shit works. It is literally economics 101 shit.

This is good bait

>Bitcoin will never go past $100
>it's a bubble user sell
>should probably sell now
>only looking out for you user
>tulips!

>Since there are 103 billion XLM

Coinmarketcap says 18 billion.

give it time!
close your trading tabs, come back in 2 weeks.
thank me later.
this coin is going huge. After bullruns like the last days people take profit. its normal.

I'm not holding any XLM right now, so I should be spreading FUD, but the way you guys are doing it is ridiculous.

Fucking hell I don't know what to think anymore.
How can we determine what this shit COULD be worth in the future? Mathematically, what's the highest it could go?

>ripple ha twice the coins and is at 3USD already
>stellar was at 1usd two days ago before all went down
uhh senpai
u dump

YOU FUCKING IDIOT!!!! SHUT YOUR FUCING MOUTH! YOU CLEARLY GOT NO IDEA AND DESERVE TO BE POOR!
5 TRILLION $ ARE SEND EVERY FUCKING DAY!

IF XLM GETS ONLY 10% OF THIS IT WILL SHIT ON EVERY OTHER COIN!

XLM IS THE FUTURE!

It seems to have just as many partnerships as Ripple. And many ICO's like Ethereum. An upcoming exchange. Payment providers. The api's are all ready to be used for other parties. And this whole Dubai thing coming up.

I think it's fair to say it should be at least 30% of Ripples value and at best 120% of Ripple's value.

>he didn't buy during the 1/5 dip
not gonna make it

That's what (((they))) distributed so far. It's as if Vitalik would have created the genesis block for ethereum with 106 billion ethers, kept 88 billion for himself, gives 18 billion away and says I wont sell mine pinky swear. You dont have to count mine for the Mcap calculation no no, it's undervalued innit?

this
crypto market + part of forex all trade in xlm pairs
it surely is hardcapped by cripple market cap xDDDDD

The intend of XLM is to become a public service. So with so many parties using it right now it's their goal to ensure stability on their network. Currently they aim for a 1% inflation rate (as opposed to Ethereums current 15% inflation rate).

I can tell you’re either from plebbit or a newfag.

snakey having a rest after a week of nonstop GAINS
sleep well snakey

my god...where do these people even come up with this shit?? 500 per XLM is like all the money on Earth.

you must be new.

exactly
we dont need money anymore when we have xlm
its the new world currency

That explains the dip. It's just like the dollar.

>the entire FX market is going to get rid of all their currency crosses and replace them for XLM for no reason.

Ahh so this is how deluded you need to be to be a bag holder.

Unironically whales accumulating, OP. Use this as an opportunity to get in if you haven't. I have tons of money locked up on XLM but I don't intend to touch them until it actually IS a global motherfucking currency.

>non-blockchain tech similar to Ripple, but decentralized and fair
>transactions are basically guaranteed to go through in under 10 s
>transactions are practically free (cost 0.000006 $ currently)
>only scaling problems it has are network and hardware related, the protocol has almost no inherent limitations to scaling
>has a fucking global marketplace built-in - that's what FairX is gonna use, it's just a skin over XLM with added fiat support
>is designed to support ANY global value transfer - the network can represent any physical or digital assets
>supports ICO creation, and it's brain dead simple
>has limited but comprehensive smart contract capabilities

Also the non-tech stuff
>IBM, Stripe, banks, payment providers, Satoshipay, etc etc
>god-like team
>the github is exceptional quality
>the dev docs are PROFESSIONAL, and they are clearly made with the foresight that soon they're gonna be used by tens of thousands of devs around the globe

I don't know how to stress this out any further. That we can buy this shit under 1 $ is a fucking blessing. This is IMO the ONE project in crypto that shows any real promise or hope of actually becoming a global currency. This is industrial level shit and not just some random group of pajeets pumping out an ERC20 ICO with a gimmicky idea.

yeah its a realy long term investment
thats unusual in the cryptoworld though
i will still ride some pnd coins with 20% of my portfolio, rest is locked in xlm
what is your price prediction after fairx?

>yeah its a realy long term investment
Dunno, I don't think it's that much of a long-term investment. In crypto terms maybe. I'm fully expecting it to multiply in price in 2018. How much, no idea, but I'm pretty sure we can be confident it's going to at the very least hit 5 $ by EOY. I don't see how it couldn't, something really catastrophic like the entire cryptosphere just disappearing would need to happen, and XLM would still bounce back up.

>i will still ride some pnd coins with 20% of my portfolio, rest is locked in xlm
I'm basically all in on XLM now. Gonna sell my ERC20 tokens tomorrow. I can put a lot money confidently on XLM than any other crypto, so it's a different kind of game. Like a fast-moving stock with better gains. Don't feel like daytrading anymore, I'd rather use my time doing something else, but if you are into trading then your way sounds good t b h.

Hello everyone, I have returned.

Bitcoin isn't comparable, it has an extremely low supply, which is why people got rich off of it. I'm not talking about crypto as a whole, it is great. I am simply pointing out that in a year it will not grow as much as people here are saying,

You are wrong. Look again. Total supply.
When people say "give it time" I am simply pointing out it will take way longer than a year for them to hit 5 dollars. Bitcoin needed a TINY amount of money in the grand scheme to give huge returns. Due to the supply it will take years and years for the price to rise. This is VERY long term and you can make way more gains by finding a low mcap coin that also has low supply. I love how people are basically telling me that because I am telling them their goals are unrealistic, I am suddenly against xlm as a thing. I am not. You just wont make any money on it until it actually IS a global currency, how long until that is true? Tell me.

>You are wrong. Look again. Total supply.
The total supply is reserved for 1% yearly inflation, brainlet. The CMC market cap is listed as it is for a reason.

Also are you completely unfamiliar with the concept of percentages? The number of coins doesn't make a difference to the percent they can gain, anybody with over 10 brain cells should understand that.

>Hello everyone, I have returned.
Holy shit, is that that fatasfatass turboautist from the previous thread

How does that change anything? The fact there are so many coins limits your % gains, enjoy your sideways trading.

Stellar literally is the ONLY project that has something to justify the price. It’s backed by a real company and banks. And the coin is ALWAYS needed to do anything. And it’s already transferring money across the world. The other coins are just dreams, bullshit and dumb money.

>The fact there are so many coins limits your % gains
Holy shit. Is this the state of Veeky Forums?

This here exactly. It's fucking baffling how XLM can be the only project to fill this criteria, but that's the fact of the situation. Other projects are promises (we will implement this, we will get this adopted, we will figure this out), XLM is actually fucking doing it right now and is silently expanding. At this point it's the only coin I can feel safe holding because unlike all the rest of the coins, it has real world value.

Maybe I'm too harsh, ETH and some others do have value, but they're also massively overvalued.

it limits growth. just like any other market if there are tons of units the price is pushed down. 18 Billion is still a shit ton of coins and as they add more the price will constantly be pushed down even as demand goes up. Did you ever take an economics class? Of course % gains are what matters but good luck getting as big of one out of this shit than a low supply coin.

Interesting fact: paying any fees, starting accounts, trading, storing data and several other operations on the Stellar platform require XLM. Not only is it the native currency, it's the necessary fuel of the system. Its valuation will be through the roof in the matter of 1 - 2 years.

I'm not sure why I'm telling you niggers this but feel free to listen or not.

You sound like the guys who made FUDs about Bitcoin in 2009.

>there are 1700000000000000 satoshis, you can never make percentage gains with satoshis

Wow! So if half the world (50 trillion) starts using this and assuming it has 50 billion coins by then it will be worth 1k! Im sure that is gonna happen in a year. NOTHING will have 50 trillion mcap by this time. There is only so much money that can pump into this market at once. Bitcoin grew a lot but it is still only 300B which is NOTHING in the grand scheme of things.

No, bitcoin was a smart investment as the low supply drove the price up and caused this entire crypto market we have now. This is the exact point I am making. Did BTC hit 1 Trillion in a year? No? That is what it will take for this to have anywhere close to the valuation you guys are shitting up this board with.

keep strawmanning you dumbass lol What what about the smallest unit from XLM? It doesnt change the fact that there are billions of these shits and something like BTC only has 21M at the most. Each satoshi is worth more than the fractions of xlm. You can act like this doesnt have an effect but it does, there are TWO sides to supply/demand and you are ignoring one of them.

Finally a sane user. When did this board decide market caps were irrelevant? Have you all become retarded at the same time or what?

>Wow! So if half the world (50 trillion) starts using this and assuming it has 50 billion coins by then it will be worth 1k!
Did I say I expected that?
>Im sure that is gonna happen in a year.
It's guaranteed to go up by a lot this year.
>There is only so much money that can pump into this market at once. Bitcoin grew a lot but it is still only 300B which is NOTHING in the grand scheme of things.
What exactly is your point here?

You must have an IQ in the double digits. You can split BTC into satoshis and you can lump 1k XLM together and call them "simpler for retards to understand" coins. Then you will have a smaller "supply" of XLM than BTC.

AZNs are waking up

BUCKLE UP, airbags might deploy on this crash

the 3500 sat floor we saw earlier might be shattered.

you guys are forgetting the voting system
with enough xlm you can vote for yourself and get part of the 1% inflation + all used transaction fees.
thats basicaly a kucoin on a real forex + crypto exchange

So you telling me that the price will go up to 5 dollars has nothing to do with market cap right? Do you understand what mcap is an expression of? DEMAND. Simple as that. So you telling me that this coin will from its #9 spot, take all of btc's mcap and more money from fiat than is possible. it is not only unrealistic, it is stupid. You can keep not understanding my point and then accusing me of having a double digit IQ while saying things like "it will go up a lot" because the tech is good. I actually love the tech, but you guys are stupid putting a ton of money into this unless you are expecting your return 5 years from now. That is reality.

You were talking about supply. Supply doesn't limit the coin's potential % gains AT ALL as long as it's all circulating. Nice side step attempt

Honestly would be fine if it hit $2.50

Also if you think it will take 5 years for XLM to get adopted you're retarded. It's already being implemented by Satoshipay and banks, as well as several ICOs.

Wow now tell me the market cap of those markets? is it 1 trillion? No?

Is every single person at the bank gonna be forced to use XLM? No?

Banks? Global public money transfer? Crypto-fiat gateway? Hmm. What do you think?

your version of "adopted" does not equal the market cap you pretend it does. How much of the world economy is crypto this year. I expect it to at least double but even if EVERYONE in crypto use it but how much money is that really? Will the mcap match the bullshit prices you guys are throwing out?

I'll enjoy brainlets like you getting left behind

>B-BUT IT DIDN'T REPLACE ALL FIAT HOW DID IT GO UP FROM 1B IT DIDN'T DESERVE THAT

What makes you think it's less capable of attaining value than btc? Hm? There are whales literally right now accumulating their reserves.

YES IT DOES ITS ECONOMICS 101!!!!!

No it doesn't because BTC is divisible to satoshis. We could be talking about satoshis instead of BTCs and it would change nothing, except multiply the supply by millions. You are absolutely retarded and I'm done wasting my time on you.

So if it hits 500B mcap in a year it would be ridiculous, even seeing how much money got pumped into crypto as a whole this year. Like i said, YEARS away. Your timeframes are all off. You probably use 30m candles or some shit. How can you not undersand that at the prices you people are quoting, the mcap would have to be higher than is possible?

we could but how much is 1 satoshi vs the satoshi variant of XLM? You are honestly so fucking dumb lol i bet you barely graduated HS.

He abandoned the project when it became jewish and evil

On a surface level you are right but the fact there is so much XLM will drive the price down. We could be talking about satoshis and btc but we arent we are tlaking about satoshis vs xlm and they arent comparable in the way you describe. You are the brainlet sir.

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