Current Price: $0.20 (3200 Satoshi) ATH: $0.93 on January 4th, 2018 Current CMC Ranking: #6
What’s happening?
> IBM WORLD WIRE - ibm.com/blockchain/solutions/world-wire >Stellar just surpassed 1 million accounts >COINBASE LISTING - Currently Pending >STRONGHOLD USD - IBM building Stellar dependent “stablecoin” pegged to USD (beta) >Fairx.io (Pending trading site) >StellarX.com (Beta Released!) >Stellarterm.com (Stellar Decentralized Exchange) >Stellarport.io (Stellar Decentralized Exchange)
Benefits of Stellar:
>ICOs and smart-contracts. Not turing-complete like ETH, but far easier to use >faster than all other networks (lightning set for 12/1/18) >decentralized (in governance, coin distribution and validation) >anyone can run a node >war chest for developers and worldwide distribution >transaction cost = effectively $0.00001 >strongly backed by IBM, Tempo >Stellar just purchased Blockchain startup Chain for $500 million USD >Stellar Consensus Protocol: 1000s tx/s (global scale) tested. 10ks possible >1% annual inflation distributed weekly to those who own XLM (lumenaut.net/) >compatible with ledger (stellar.org/account-viewer/#!/) >LOBSTR mobile wallet for IOS and Android (lobstr.co/#start-section)
Popular ICOs on Stellar: >Mobius (MOBI) >Smartlands (SLT) >Sureremit (RMT)
What’s the bottom line? >Stellar is a fast, cheap and simple cryptocurrency that can function well for both fintech and everyday people. Stellar is ready to go right now.
Thursday Sep 6 >FIRESIDE: Issuing assets on blockchain >With Adam Ludwin & Jed McCaleb Chain and Stellar cohosting a chat Chain = official acquired? >Using Sequence (Chain), organizations can securely manage their financial assets in a token format on private ledgers and, soon, seamlessly transfer them across public networks.
Then looping back to this goy: Oh baby is the stellar network fucking light years ahead of anything in the space
Michael Wood
Wow
Connor Richardson
2019 eoy price pls?
Mason Roberts
If you follow the trends last year, USD $5.00 If we beat out the BTC trend and break out, USD $10.00 In the case of a total market collapse scenario (Crypto) due to a global financial meltdown, USD $0.11
Aaron Mitchell
We are quietly becoming the gorilla in the space with all these partnerships.
Chain is doing private work for NASDAQ.
Elijah Wright
I really don't think we will see any breakouts like last year. We could hold .20c til next year at this rate.
James Bennett
Scam just like Ripple.
> 7,748,529,948 - Almost 8 Billion more in supply than this time last year. 1% inflation KEK
Founder is a Scammer Extradionairre and the Original American Crypto Hustle Con Man:
> Jeb McCaleb - Sold Mt. Gox with 500 Million in Bitcoin missing and told new owner to slowly acquire more while continuing operations
> Jeb McCaleb - Founded Ripple and rewarded himself and other founders with big percentages of the entire supply
> Jeb McCaleb - Promised XLM would be 50% Distributed through Education programs, 25% to non-profits in poor countries, 20% to Bitcon holders, and 5% to Stellar for operational costs.
> Jeb McCaleb's Stellar Foundation - a for profit board includes members like Jeb McCaleb and investors like Stripe who are looking to enrich themselves and control the majority of the supply
This is why they can inflate the supply 70% and "distribute" 8 Billions coins in 1 year and the price goes up 10 x times. They own all of it. There is little volume and trading.
> Sold Mt. Gox with 500 Million in Bitcoin missing
[citation needed]
>Founded Ripple and rewarded himself and other founders with big percentages of the entire supply
The same Jed that left Ripple precisely because he wanted the board (including himself) to dump/give away the coins to charity? lol dumbfag
>Promised XLM would be 50% Distributed through Education programs, 25% to non-profits in poor countries, 20% to Bitcon holders, and 5% to Stellar for operational costs
That was the plan, then they realized it's better to use on partners and devs. Pretty smart.
>a for profit board includes members like Jeb McCaleb and investors like Stripe who are looking to enrich themselves and control the majority of the supply
The SDF is a non profit. You basically just described Ripple. This whole post is Fudding Ripple lmao.
>This is why they can inflate the supply 70% and "distribute" 8 Billions coins in 1 year and the price goes up 10 x times.
Imagine how they'd not distributed any!
>They own all of it.
Wrrrooonnggg
>There is little volume and trading.
The end of a symmetrical triangle. Not too mention Stellar has very little wash trading, because they don't dump their shit on chink exchanges like LBank and OK
