If you are not all in on XLM, you are really fucking up.
Benefits of Stellar:
- ICOs - Smart-contracts; just not Turing-complete - Faster than all other networks - Moderately decentralized - Transactions cost next to nothing - IBM running the world-wide network nodes (dashboard.stellar.org/) - IBM is Stellar's trojan horse shill to get them hooked up with financial institutions - Can easily replace Bitcoin or Ethereum - KIN has already defected from Ethereum - MOBI chose Stellar over Ethereum - Stellar consensus protocol: 1000s / tx / second - Network being prepped for global-scale stress - Importantly, Stellar forces the use of its coin, XLM, as the cost for using the network - Inflation distributed weekly to those who own XLM
Real World Implementation:
- First launch of Stellar ATM in Singapore - Pundi X signed as an anchor for Indonesia
Upcoming News Related to XLM:
- 18 January; Mobius ICO - Can only be bought with XLM - 25 January; Road map - 25-31 January; FairX beta news - XLM is still not even on the juggernauts bitfinex or bithumb
Other XLM/Stellar Use: Lightyear.io (for profit arm of Stellar)
- lightyear.io - Worldwide remittance (soundcloud.com/automatadigital/stellar-lightyeario-co-founder-brit-yonge) - lightyear.io small-scale partners so far: Tempo, coins.ph - lightyear.io uses IBM to do outreach to large financial institutions due to business partners - lightyear.io has 15 bank partnerships, several tier 1, and tier 2-3
Still not bought in, nigger?
When FairX news drops, it will break the crypto internet. You will see massive increases in XLM's price. By the time you FOMO, it will be too late.
eth cannot run any real-world applications because the network can only process ~7 to ~14 transactions per second and is at times charging $0.30—$0.70 per transaction while only becoming more expensive due to network congestion.
Blake Lee
Add to the list, OP >Free educated shills on YCombinator
This is the sort of day that tries a mans fortitude.
I never thought I would see my portfolios this low again.
Ryder Wood
It will go to 50$ Start accumulating KIN and Stellar now
Brody Sanchez
>whales building up sellwalls every single day
This is proof for the powerlevel of XLM lads.
GET IN WHILE YOU CAN
Brandon Ramirez
>Inflation distributed weekly to those who own XLM How?
Carter Campbell
the gains look good but something has always seemed a bit off about the community. you all strike me as beta faggots. why is stellar so (((reddit)))?
Jaxon Gomez
look on reddit, they have two processes for those with nano ledger and those using stellar desktop wallet
Gavin Perez
very very unlikely. Do the math: Bitcoin has currently $242.834.131.106 market cap and No1. Circulating supply for XLM is 17.890.380.906...
XLM@$10 = $170.890.380.906 marketcap, that would make it No2 coin... XLM@$50 = 5 times that... almost triple the current BTC marketcap.. kek
I think XLM has porential to get where XRM is... that would be at around $5 per coin atm
Ryan Barnes
Where's the best place to store XLM?
Ledger Nano S or some desktop wallet?
Parker Williams
keep in mind that this is a taxable event in most countries though
Christopher Roberts
When will it hit $5? That's when I'll sell.
Angel Anderson
when the whales keep building sellwalls it will take forever
Hunter Perry
either one is fine, i use nano ledger, pretty easy to use
Gavin Lee
Fuck this is gold. Loved the discussion, and even vbuterin appearing there sounding fairly supportive. The BTC guy makes some good points, but I don't think I've seen any argument made against SCP yet that would make me question its validity. These kinda talks reinforce that Stellar is still massively undervalued.
Logan Kelly
Let me know if you have any articles you'd like to see added to the pastebin
Stellar.org operates as a non-stock nonprofit organization. Our mission is to connect people to low-cost financial services to fight poverty and maximize individual potential. To that end, we don’t charge people or institutions for use of the Stellar network. Stellar.org covers operational costs in several ways: 5% of the initial lumens are set aside for operational costs, Stellar.org accepts tax-deductible donations from the public.
A transaction on the network consists of one or more operations. Payments, offers, and fees are all examples of operations that could make up a single transaction. Depending on hardware and network configurations, a conservative estimate of Stellar’s processing rate is 1000 operations per second.
There’s a nominal fee, referred to as a base fee, associated with each operation in a transaction. The base fee functions as a deterrent: Though nominal, it discourages users with malicious intentions from flooding the network with transactions (otherwise known as a DoS attack). The base fee is currently set to .00001 XLM—a fraction of a fraction of a penny. The sender of the transaction incurs the fee. No one profits from the base fee. The ledger collects the fees and redistributes them in the process of inflation.
Owen Cruz
Thanks for posting these user.
Luis Butler
5 Things You Need To Know About Stellar Lumens According To IBM IBM’s Michael Dowling, Group CTO and Chief Architect for Blockchain Financial Services, referred to in his Reddit post a month ago about their partnership with Stellar.
IBM and Stellar have a common purpose to fix a genuine problem and they are determined to stick together to make this happen >The IBM/Stellar Universal Payment Solution represents a shift in the way traditional – and now non-traditional – financial institutions can send value around the world with as little fraction as legally possible….The folks at Stellar, like us, want to see the world move past the 40 + year old fragmented system that we all suffer in today, but move towards a system that is more fair and equitable for all. This partnership is not just long term – it’s tight. Stellar joined the Hyperledger Foundation in addition to partnering on this project. There are many upcoming projects coming up this year about to be announced.
Stellar Lumens (XLM / STR) is already active and being used in very practical ways. Volume will only increase as more partnerships are announced. Results will be seen very soon – Q1 2018.
>XLM, while relatively small today, is growing fast. More and more people are using Lumens and trading them actively. We have a strong desire (and requirement) to open the market for fiat to XLM at the institutional level. We have 1 major market maker right now, and 14 major institutions involved in direct or indirect capacity on the network. Starting in Q1 2018, you should see more of those institutions redirecting payment traffic on the network. This major market maker is rumored to be Bank of America based on one of their websites mentioning XLM in the code before the page was promptly taken down.
It is steps ahead of Bitcoin as it is already compliant with regulations
It has a proven model unlike Ethereum as it already has the unique technology to issue any asset directly
Grayson Thomas
So let's say xlm moons like crazy over the year. How would you cash out?
Cameron Torres
>A very unique capability with Stellar is the ability to issue an asset directly on the network, and specify how that asset is managed on the network and what nodes validate and confirm transactions. That means we can work with other parties – such as traditional fiat currency issuers (stay tuned) …Together with the technology developed at IBM, the ability to clear transactions with very fast settlement using Lumens was a no-brainer and a perfect match. Together, traditional and non-traditional financial institutions can settle using a cryptocurrency with those transactions directly tied to counter-terrorism financing, AML and KYC processes required by regulators around the world. Basically, it’s the missing piece those institutions need to move forward transacting with cryptocurrencies.
XLM allows for any financial instrument to be transferred as a type of ‘money’ to anyone in the world, for free, instantly, and in any currency. This is not just automation, it is revolutionary.
>XLM is one of the assets on Stellar. It’s also used to ‘pay’ for transactions on the network. So XLM has 1) value and 2) utility. There will be other assets. So, for example, let’s say that a fictional island nation called Stellarisle has a central bank, and that central bank wants to issue currency assets on Stellar. In that case, Stellar is used, and XLM is used to power those transactions for those assets, even though XLM isn’t directly used as the settlement mechanism. It doesn’t matter if XLM is the settlement mechanism. Rather what really matters is 1) the safest settlement mechanism is used for two transacting parties, and 2) XLM is still used even as a utility.
Brandon Brown
Sry mate, the logo just suck SO bad
Luis Richardson
I always just copy it to desktop wallet, then I copy the wallet file to usb and delete it on desktop in case muh hackers or muh malware.
I do this for everything, and yes I ofc put it on several usb sticks.
Juan Roberts
You're thinking current marketcap. Think about how fucking huge the total MC can be 12 months from now, then try again.
Jordan Adams
Assuming FairX is out by then just sell direct to Fiat using
Ryder Cruz
By that point, you just cash out on any exchange or ATM. Yes, ATM.
Daniel Howard
FairX or like everyone else; cash out to ETH or BTC
Kayden Butler
If it moons like crazy you don't have to cash out. XLM will be your new currency, you can just stick with it and be your own bank (whether you store fiat tokens or lumens or something else). At least that's my hope here, it has the most realistic chance of all cryptos of actually pulling it off.
Aaron Jackson
>If you are not all in on XLM, you are really fucking up.
Jew cock sucker detected. Enjoy being Goxed.
Austin Ramirez
STELLAAAAAAAAAAAAAAAR
Hudson Clark
Yes but if entire crypto market moves up and it is adopted for actual transactions across borders then it could be in the trillions. The key is figuring out which crypto coins solve actual problems and will be adopted.
Christian Martinez
>keep XLM in hardware wallet >get GOXed You can only pick one.
Has anyone tried transferring this from the exchange to the wallet, etc. Goes fast under high volume.
Eli Bailey
Yea, from binance to stellar wallet on windows. Worked well. I'd try with small amount first just in case.
Angel Diaz
I say this in every stellar thread, but it's ridiciulous how fast transfers happen. I sent 125k to my ledger nano the other night and by the time I clicked over and refreshed the account information it was done. 2 seconds.
Kayden Bennett
>that would make it No2 coin he said in a year, not now a year ago, the total crypto market cap was 15b. I don't know what it's going to be in a year, but it won't be anywhere close to the current 740b
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Austin Moore
NOBODY SELL
Jace Collins
MY ARMS ARE WEAK
Levi Roberts
Forget about it for a few months or take some out if you wanna trade.
Grayson Roberts
I have 100k XLM, if you fagots wont start buying im selling those bags tomorrow.
Jack Hall
thanks bought 100k
Oliver Martinez
did you fags buy at 70 cents or something
Austin Gutierrez
This shit will go to $3, tops, over the next 3 years. Cap this.
William Brown
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Gabriel Jackson
Exactly sell your bitcoin they'll never be over $100
Ryder Ward
Alright, please explain to me like I'm a fucking retard how market cap and supply doesn't matter in Stellar's case?
Honestly, I have a lot in Stellar...but I fail to see your argument here.
Nathan Lewis
Haha. It'll go back to $1, then $2. Hang in there bro
Isaiah Murphy
>please explain to me like I'm a fucking retard how market cap and supply doesn't matter in Bitcoin's case? It's a bubble sell sell sell tulips sell sell sell
Bentley Harris
The more shares the lower the value unless the market cap reaches a high enough level.
Ian Cooper
>unless the market cap reaches a high enough level. Well hey the answer was in front of you the whole time
Leo Thomas
So you're completely okay with saying XLM is just gonna go to $7 trillion market cap? Alright man. Enjoy.
Mason Rodriguez
Yes takes like 10 seconds and costs basically nothing
James Hughes
Well you just explained to yourself how a fucking retard how the price can go up. You may not believe circumstances will lead to that happening but that was also said for bitcoin. Do you realize now how much of a faggot you are and should probably go away?
Tyler Gray
Yeah totally man. I also realize you're incapable of critical thought, so eat shit and enjoy your shit gains.
Carson Bennett
11 25 19 my dude
Leo Kelly
whales dont like snakey
Carter Brown
Literally the best coin.
Gabriel Thompson
it un-ironically is, actually
Benjamin King
Yes, I may self only have enough to buy some shitty used car
