Holy shit, the Stellar FUD is true

coin is inflationary with a rate of 1%
this means supply will increase 1%
who do we give it too? lets give it to people likely to use it as we intend and to people in our target demographic. what's our target demographic? we want to target people without banks

people from 3rd world countries aren't going to "dump" lumens for a native currency, stellar is being beuilt to replace the unstable native currencies of 3rd world countries. remember how zimbabwe had rampant inflation and were printing 100mil notes? yeah, not happening because xlm isn't controlled by shitty 3rd world govts, so even sub saharan morons won't trade their lumens for fiat.

"but they'll just buy stuff with their gibs!"
that means that they will be buying goods and services and merchants have incentive to accept lumens, meaning they are creating an economy. the value of the dollar doesn't decrease every time you spend one.

"but I'm not the one getting gibs!! Wahhhhhh!!!"
suck it up buttercup.
wait, never mind, you can get your piece of the pie with an inflation pool. Maybe the developers thought about contingencies and what to do with the whiny cunts that fomo'd in.

xlmpool.com/en.html
lumenaut.net/
stellarpool.net/

"but people will DUMP IT!"
a set inflation rate means there will only ever be a set increase to supply. the devs have incentive to keep inflation at a reasonable level. they do this through controlling inflation. however, whales can accumulate, effectively reducing the supply artificially, increasing the price and then dump.
giving out 300 xlm per person isn't how this happens. this happens from someone becoming a whale, and dumping on stupid "investors" that don't know what they're doing.
so how do the devs mitigate that? by giving some of the inflation to xlm holders.
that way, it provides incentive for people like whales not to dump, and for supply to be reduced because people are holding xlm in wallets so that they can grow their stack

Yup. Not touching this shit til coin supply = circulating supply. Buying in during welfare distribution is retarded.

Enjoy having your holdings devalue.

bitcoin has a higher inflation rate for years
has this ever occurred to you?

Nice cope but seriously how the fuck are you gonna explain crypto to 60iq people? They tried giving them consoms and they cooked condom soup with it. Good luck explaining blockchain or decentralization or byzantine generals.
This is a just a pipe dream devised in San Francisco coffee shops.

of course not. They are just manchildren from /pol/ who have never contributed a damn thing to the world, complaining about things they don't understand in order to be edgy

is stellar ever going to pump again? i want to get out but not during a dip...

Can someone tell me why niggers get free xlm and what the fucking use of that is.
What else can they do except go to binance and dump it for real money?
Also they dont have any computer/internet at all or dont know what crypto is.

You're a fucking idiot.

Assuming niggers are able to work out how to sell xlm (they will probably be given help), it will immediately be spent on drink, drugs or guns.

One time economy faggot.

i don't want to help you
i want you to die poor like you deserve to

Nah, they hate white people. These people are hypocrites.

where are they giving it for free? let's just sign up and profit

Jed says thanks for the btc, nerds.

>wider participation = value increase

If XLM becomes used as currency in developing nations it can only be good. Most of this cryptoshit doesn't even get used for anything other than speculative trading. Real world use is vital for a coin to grow.

look, another eternally angry manchild talking about that which he does not understand

Im holding my xlm for months now and only got 70% gain.
My worst gainer atm

>it’s supposed to deviate from the corporate world attitude and distribute the wealth

FUCKING DROPPED

Leftists are delusional and believe giving money to Africans will fix the "problem". guiltcucks

You understand if it actually gets picked up as a currency in these shitholes it would easily double in price.

Keynesians will be the first in line on the day of the rope

HAHAHAHA TUMBLR COIN CONFIRMED THE ABSOLUTE STATE

There are lots of idiotic "crypto entrepreneurs" who basically dream of themselves bringing about socialism 2: electric boogaloo.

This is some of the better FUD I have seen on this board. Please get it back down in the 35 cent range so I can accumulate more before the central bank adoption announcements.

Haha yeah, it's not like Africans have had cities basically given to them, complete with infrastructure over there and have fucked it all up. Yeah it's THAT guy who is the idiot, not smart and inclusive people like us.

Is it fud if it's true?

do you understand what an inflationary currency is?
ie. the US dollar.

>id say you aren't the sharpest tool in the shed, but that would be a huge insult to a dull tool.
FUCKKKKKKKINGOOOOTTTTEEMMMMM

>t. nigger brain

People are not the same. No matter what you do they will not change. You cannot force the world to fit your egotistical opinion of how it should be.

Niggers will nigger. This will fail. The value of xlm will drop. Don't touch with a bargepole.

none of these people claiming to drop stellar even own it. These are the same people who, just last month, were posting hundreds of PnD discords. They're fucking pajeets.

Only normies shill hard here, only pajeets FUD hard here.

Veeky Forums has next to zero sway on the market anymore. All the whales left because of you faggots.

>they won't "dump" it

Yeah so let’s focus on adoption in unstable economies full of IQ 75 nutcases who believe in sacrificing their daughters clitoris to appease the local river demon.

What is the exchange rate of XLM to 8 year olds clitorises again?

List them all so we can dump them ASAP

you need to know the technicals of blockchain in order to use it.

just like you need to know how payment settlement works in the financial industry in order to use a credit card.

oh wait...

inflation of 1% yearly
circulating supply: 18.5 billion
total supply 104 billion
number of 1 year periods needed until total supply=circulating supply based on compound growth calculation: 173.5 years

I understand wanting to wait until it is actually used as per the intended use case, and until value stabilizes, which are basically the same thing, but at that point, your returns are going to be on the level of FOREX, where you need massive margin and large order sizes because you are trading tiny movements.

as if jigaboos are the only ones that spend tons of money on drink and drugs, and the rest of the world are puritanical abolitionists.
then again, spending money on consumables, is likely to mean great circulating speed. also, in case you idiots don't realize.
EVERY SELLER NEEDS A BUYER ON THE OTHER END!!
if I spend my 3rd world xlm gibs on alcohol, that means the seller is accepting xlm as payment, meaning there is a market. he then spends his xlm on other things and you have an economy. do you not know how an economy works on the most basic level? wait, don't answer that.

has it right. XLM is an attempt to replace the financial systems linked to unstable governments common in the third world.
the issue that everyone is freaking out about is what the value of the currency will be in reference to the fiat value they bought it with once xlm is established. If it stabilizes at about 1 xlm to $1 then everyone that holds xlm will have made some profit, if it stabilizes at 2 xlm to $1, then anyone who bought above $0.5 will lose money.
this means that xlm is currently a speculation tool, and Veeky Forumsnessmen are the worst kind of speculators, especially for long term stuff like this

...

>If XLM becomes used as currency in developing nations it can only be good.

and godspeed to them but I don't want to give them my money to play with

I bought in at 0,26. Strongly considering getting out right now.

You have seen.

Stuff like this was circulating during december when it was being shown as some social justice token or some shit. A lot of people didn't care though and said there's money to be made so who cares what the team politics is. Well here you go.

Is this really surprising? Never give money to privilege princesses and their negro friends. If a product is going in that direction you get the FUCK OUT. It holds true everywhere. The governments are giving affirmative action bucks to others you need to GET OUT. Though that is more complicated than just selling your lumens.

nog spends XLM on booze
shop keeper immediately trades XLM for local currency
repeat until XLM is worthless, just like the Zimbabwe dollar
the high supply suddenly makes sense now

thanks just bought 100k

always do the opposite of what biz tells you to do

kek another IDIOTA in the making
only cuckolds should hold XLM at this point

Anybody with a business oriented mindset would realize this is a good thing.

Things we know:

>Niggers are stupid with money
>XLM is going to be provided to niggers, for nothing
>Niggers will suddenly have """money"""
>Those niggers will want to spend it on something as soon as they get it

So all you need to do to get that nigger welfare money, is to provide something they think is valuable (which actually isnt)
In reality, this is a handout to anybody who is willing to go to the effort of exploiting niggers to take their nigger welfare coins.

End result will likely be lots of chinese and eastern europeans scooping up extremely cheap XLM from the nigger horde, while providing almost nothing in return.

>wOw

>this is a good thing
>extremely cheap XLM

how is this a good thing?

whether this works or not, I think its pretty clear stellars price is going to move sideways for quite some time while they distribute free lumens.

The circlejerk that Stellar is giving away XLM is incredibly silly. There's no FUD about Ripple holding XRP, or, even better, selling their XRP to "partners". Do you really think banks are going to buy your XRP from banks?

The Stellar network is what makes the tech so strong. You can issue any asset on the network and get all of the benefits.

XLM is the native asset on the network meaning all fees are processed with it. Giving it away increases adoption and awareness.

At the end of the day the real benefit of Stellar isn't XLM, but the assets that are issued on the network.

You are circlejerking this meme and are literally too stupid to comprehend what they're actually doing because you haven't done a single ounce of research and reiterate what you've seen others say on social media.

The price is going to continue to go down and then it will all be scooped up.

It's a zero sum game for a reason. The idiots lose.

>Executing a market order
Brainlet detected

it's going to be 10 years of gibs

The only thing i'm banking at the moment is the jews pushing this shit as their new diversity propaganda and having a mass influx of normie money going into it, at that point i will sell for profit and move on

This is basically TRX/XRP take 3

Normally that’s good advice but when it comes to socialists trying to prop up niggerdom there are no exceptions. It’s a doomed enterprise every single time.

You've got to be fucking kidding me. This shit cannot fucking be happening to me.

My two biggest holds were REQ and Stellar. First REQ gets cucked out of the blue by that new Coinbase payment system. Then people start telling me niggers are gonna get free Stellar just for fucking existing, and now there are people calling me fucking privileged for askign why I should buy the coins when someone else is going to be given the same amount, for free, just for being a fucking nigger.

This can't be happening to me. Why does everything go wrong in my life? Why?

Missing the point. The nigger helper will sell the xlm for them. Niggers then spend gibs on alcohol.

Also failed to address the heart of my point. You cannot change people. You cannot change the world. It is not for you to decide how things should be in any event.

HURR THEY JUST DONT UNDERSTAND THAT AFRICANS WITHOUT COMPUTER INFRASTRUCTURE WILL USE IT TO PAY EACH OTHER INSTEAD OF CASHING OUT FOR FIAT TO EXCHANGE IN THEIR REAL INFRASTRUCTURE.

IF WE GIVE AWAY FREE MONEY WITH NO INTEREST SURELY THIS WILL GENERATE A RETURN!

DERPA DERPA AN 80% EXPANSION OF THE CIRCULATING SUPPLY WILL INCREASE THE VALUE OF MY CURRENCY

ALSO I HAVE NO FUCKING CLUE WHAT INFLATION MEANS BUT WILL TELL YOU YOU DONT UNDERSTAND IT

So what you're saying is that airdropped tokens onto Africans effectively acts as a token burn?

BUY BUY BUY

They can't. This is all FUD. I'm sure they will be giving them away but will likely be on some sort of mobile phone payment accounts that they use to text money to each other. Probably will be distributed and controlled through a walled service provider in the countries and can be traded for goods and services but lilely not fiat until much more development in the market and/or certain conditions are met.

However they are doing it, it certainly won't be the case people can just sell them on exchanges as soon as they get them.

what's most likely to happen is either:

A) it does nothing with less than 10% being touched because digital monies can't be eaten. As a result the price literally moons.

B) banks consolidate lumens from africans for a mix of fair prices(market value) and pennies(cut throat prices) they then PnD the coin into oblivion or make it xrp 2.0

you could read the rest of the comment next time, if you have questions

Let me tell you, we are really changing the world as we know it. The world is not anymore the way it used to be mmm mmm mmm nonono! SSSSSSSTELLLLLLLAAAAARRRR

kek you sometimes doing the opposite is wrong too

No thanks. You've just confirmed that you're an imbecile.

oh no I could have saved 0.01% / $4

Sorry, but I can't take a coin like this seriously

bit koooohhhneeeeccccckkkkk

I'm a brainlet and I sold right when they released that joke of a "roadmap". Enjoy bleeding money and supporting a charity SJW coin.

If xlm is just going to be the new USD, an inflationary currency given away to niggers for free, what is the point of buying it? Might as well buy treasury bonds.

>Ripple sells XRP to "banks" for cheaper than current market value
>lol banks will buy XRP from me on exchanges
>echo chambers
>but guys Veeky Forums said Stellar is giving away XLM to niggers in africa there is no infrastructure!!!1
>what do you mean the stellar network can issue assets that aren't xlm?
>wtf is a native asset?
>wtf is supply and demand?
>wtf I'm never going to make it?

why are u posting reddit here wtf? Did u even read the link you posted? Literally guy made an account a few hours ago to shitpost on the subreddit

if they're giving out lumens for free, why arent u planning on getting them? (or maybe u ree and just using FUD to divert attention)

If they are giving it out for free, how can I sign up?

sage in all fields

HAHAHAHAHA

>FUD accomplished

>give free crypto to people who do not understand crypto and cannot learn to cash out due to unable to use a computer while running away from civil war, lions and ebola
>even if you teached them to cash out, good part of them would need to cashout instantly to buy food or something, so the first ones to cash out would get more money than the late sellers (a quasi-pyramid)
>"I'm such a tolerant and progressive liberal, I did my part #withher #metoo #bernie"

"dump"

let's lay it out here.
in initial phases, xlm needs to find a way to enter the market and gain adoption, best way is to give it away, with the incentive that it will have value at some point. for the people that get it for free, any value greater than zero means they got something from nothing. so they have a 0 average cost per xlm. so they can take profit whenever they want and be happy with it. hence, the dump. however they sell it to someone else, with the end goal of creating an economy, and once which due to the blockchain based nature is not bound by national borders or financial institutions and so has distinct advantages over fiat. what happened why the US started issuing their own currency? what happens when anybody establishes a country/fiat currency.

this retains all the advantages of blockchain but is organized in a way that the users aren't the one that have to sustain it because as we know, niggers can't sustain something like bitcoin the way the rest of the world has. so the central authority, xlm and partners, will manage it instead.
lol, "you can't change the world" what do you think the central goal of bitcoin/crypto/blockchain is??!?!?!?!? "it is not for you to decide how things should be"
for fucks sake, just try to engage your brain for once. this is literally the goal of blockchain

xlm reported on a blockchain digital ledger. USD is not

that's definitly a possible scenario. that speculation on what people are going to do is what everyone is doing. we are trying to figure out if that will happen, or if it will be successful, and gain long term adoption. that is what investors do, they try to take educated guesses based on their assessment of the world to determine whether the thing they are putting their money into will gain or lose value. from what I've seen, I'm willing to put my money on the side saying xlm will succeed, and therefore my early investment will grow in value.

Man I really fucked up I could have held on while it's dropped 8%

Thats the shittest photoshop.

no skill pol

for them to spend it on booze requires the booze man to accept xlm, which they wont. So they need to hit exchanges, next to none will have access to exchanges, banks won't take it and if they do then we're in lambo land. It's a win fucking win

Holy fucking shit. If this shitcoin pumps again I will sell. This is the deathstrike for a great project. Africans turn everything they can get hands on to shit since 10.000 years.

yo bro u don't even know what the fuck are u talking about, shut up

if u actually think they're giving it to niggers u are falling for the FUD. Anyone who thinks this is real is utterly retarded to think that a startup wants to literally feed Africans instead of become the financial behemoth it is trying to be

SAGE

IN

ALL

FIELDS

This thread makes me realize just how stupid Veeky Forums is.

Just because you have $200 in cryptocurrency doesn't make you a knowledgeable trader or investor.

Keep following the memes you fucking sheep brainlets.

this was painful to read holy fuck

/thread

So Veeky Forums is actually sperging out at the fact that a cryptocurrency is doing what cryptocurrencies were meant to do to begin with?

So then a new breed of African XLM warlords emerges and accumulates all the XLM for pennies on the dollar.

So... How do I get some of these free XLM?

I just need a proxy and a picture of a nog or do I actually have to go to africa and trick a tribe into giving it to me?

I have contacts in ghana that I could use to set-up a few scams. Easily make a reddit-friendly tribe that wants to into finance via stellar. Right some stupid stories and take pictures, maybe some sob shit about cripple kids. Then write the application, get my stellar, give the tribe some booze and chocolate bars and then flip the stellar into xmr.

What am I missing here?

Surely the stellar team aren't going to visit every shitty tribe in person

im okay with this

exactly this.
africa has numerous informal and micro economies based on the prevalence of phones and use of phones and apps to transfer value. like paypal and facebook/snapchat enabling mobile payments, and that giant asian chat app that lets you send money. That's how it will be. it's an attempt to replace the existing economies to some extent with one developed by professionals and managed by people that are not under direct control of the market itself or the government of the nation in which the market exists. just like the intentions of bitcoin and the entire blockchain project.

of course I'm saging all my posts. and if these idiots are too stupid to understand it at that level, I have to sink to theirs and disprove their arguments instead of outright dismissing them

who gives a fuck where he got it from your prob one of the niggers getting free xlm fuck off

>Anyone who thinks this is real is utterly retarded to think that a startup wants to literally feed Africans instead of become the financial behemoth
do we live
in the same
2010s?

>"what, profit? it's not like my company has to deliver profit! I'm more interested in the social, you know? it's all about people"
>all books on the red

I don't remember there being this much shill activity in other Stellar "FUD" threads.

you only lose if u sell

>simulated physical contact

Agenda 21 Stellar Lumens redistrubtion of wealth confirmed.

Gtfo people this ends badly. Not saying this to buy your bags, i'm serious. Look up Agenda21

see

Why is it always the jewcoins ffs

That's an idea... don't give some poor guy a loaf of bread to feed his family.

He'd much prefer to get electronic money. And someday, when he finally has electricity and internet access, he can find out if it's mooning.