Can someone convince me why I shouldn't be all in on [pic related]?

Do it

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I already have an account, can I still use the code ? if so how, maybe I'll find it (continues looking)

don't let these referral code pajeets get you

so you're saying I shouldn't do the needful ? gotcha! thx user. post your TRX address ill hit you with a fresh one

I did the coinbase learn thing the other day and put the $10 of stellar straight into BTC

It's all the btc I have, the rest are alts, so that's my insurance incase altseason drops out

For one, because Jed is a disaster of a person with terrible business acumen and morals, which he has proven over and over.

observer.com/2015/02/the-race-to-replace-bitcoin/

When Stellar was bleeding out really badly these past few months, someone on here was pointing to distinct instances when Jed's wallet was dumping, which corresponded to huge spikes in selling volume and price cratering. Jed is a serial project abandoner (including in his personal relationships) and it would not surprise me if he is done with stellar.

Besides, Stellar is centralized as hell. They run most of the validator nodes. Furthermore, can any of you actually clarify what IBM is doing with Stellar? Have they made any meaningful progress on anything recently or are you really just repeating the same news from 2017? (I heard IBM is not meaningfully doing anything with Stellar anymore)

Most of all, if people actually cared about a fast wealth transfer crypto they would use ripple or nano, which are far more legit projects. But they don't and they never will. Mass adoption for this sort of thing will never happen as long as venmo and paypal exist. Average joes actually want a centralized entity to guarantee their payment if anything goes wrong, and paying a few quarters to a few dollars is well worth it to them. They don't want to be fumbling over private keys and address tags only to lose a huge amount of money that can never be retrieved.

>Jed's wallet dumping
No evidence that's Jed's wallet, however it's true SDF does sell lumens on exchanges but it's more like 20M worth total over several months and is in the mandate
>Centralized
SDF runs 3 of 56 validators.
stellarbeat.io/
>IBM
they're using stellar network for public settlements in their world wire platform. google the press release from a couple of weeks ago

Similar to my thoughts.

I did that. Blockchain.info? Took forever to get it. But thankfully it dumped by the time I got it.

This is true. I already made $30USD worth of XLM.

Kindly revert.

This is what I needed.

> Furthermore, can any of you actually clarify what IBM is doing with Stellar?
That's what I'm concerned with as well. Everyone keeps saying mah IBM, but how is that an endorsement? IBM has been shit for years. Losing on cloud which they took on to try to innovate.

1 slot left, get your free $50 in niggerbucks before the airdrop ends

coinbase.com
/earn/xlm/invite/fbdrw4k7

I just market bought 6.2 eth (100% of my net worth) how fucked am I ?

Tip: clearly state the value proposition, if you cant, dont buy it.
For example:
>bitcoin solves the double spend problem.
>BAT cuts down on advertiser fraud
So what problem does Stellar solve/what value does it bring?

tokenizing assets

>stellar lets people trade any asset, anywhere, quickly, for fractions of a penny

Stellar has a ~3 second transfer time versus Bitcoin's 2 hour minimum transaction time that take up to days when the network is overloaded. Stellar can be used as a currency out of the box while Bitcoins needs an overcomplicated 2nd layer solution that's not safe for large transactions.

You're fucked for having a net worth of 6.2 eth in today's value.

i wouldn't blink sending 100,000 dollars on stellar

sending 100,000k on BTC Lightning and id be shitting

But why hold the token? The more expensive it gets, the less useful it becomes, no? Like why hold it instead of treating it like something akin to Tether? Or USDC?

Can't BTC run in a sidechain on EOS? Or some other PoS network?

validators can adjust base fee every few years depending on the network to help scale and transfer costs. the assumption is it will go up soon but it will still only be measured in stroops. let's say lumens (which is the only native asset, not requiring a trustline and immediately liquid to every account on stellar) goes to 10 bucks. validators can come to consensus on lowering base fee to keep transaction cost at a minimum

every address on the stellar network must use a bit of stellar to remain open

world wire is built on top of stellar

So if validators get to that consensus on lowering the base fee, then why is Stellar inflationary? Seems like a bad design since there's no scarcity and in BTC, scarcity == value.

Thanks for having a thoughtful discussion about this with me. I'm very interested.

I'm not sure why I would care about this? How does this create value? Especially if it's inflationary.

Couldn't the inflation just go to a single address that keeps the network running?

>BAT
>doing anything

It pushes NANO's shit in 8 inches.

the protocol currently has inflation built into it, but the protocol can be changed. a lot of these changes are determined by the overall ecosystem, not SDF. jed wants to remove it (according to a comment he left in a reddit thread) but it's going to be up to the network validators to continue the conversation and come to consensus on it. there's a lot of reasons people want it. some are dumb "i get free lumens!" without understanding that freedom ain't free. some are good, based around your preferred school of economics. anyways, it's been an ongoing discusison. no one cared about inflation mechanic until the bear market and misrepresent the impact it actually has. people seem to forget that SDF has a mandate to distribute all but 5% of lumens in 10 years. inflation in the scheme of things will have a much smaller impact on 'lumens value' than the entire supply circulation.

anyways, i'd love to see the entire supply distributed because i expect that we'd actually see much more use and liquidity of assets on the network once people stop hoarding their lumens.

This, and it's a commie scam. Pic related

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IBM has signed 6 banks on worldwire, which is built on the stellar network. wtf are you guys talking about

What does "signed on even mean. They just sign on and they're on the roster? Do they even play?

Wow, cool. Do you happen to remember where Jed said that comment? Wonder if he still sticks by it. Thanks for the insight.

reddit.com/r/Stellar/comments/akup8k/sdf_update/

pending regulatory approval, they have six banks intending on integrating teir payment system into world wire and issuing their own digital assets.

Based.

Still accumulating

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how many are you aiming for user?

I had 100k at one point then I was a degenerate retard trying to trade on bitmex during the crash to recoup my losses and I'm down to 30k. I'm never gonna make it now

FRIENDLY REMINDER that you pump their coins and they dilute the value by giving them away to NIGGERS

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"to achieve a more inclusive digital economy"

sjw lingo

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literally designed to dilute the value you suckers put into it

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Someone post the lawsuit because stellar ISNT a NONPROFIT LMAO

buy stellar, sponsor an african family

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main office is a few feminist female mediocre engineers and a fax machine to connect directly to the IBM marketing department

do they list their pronouns?

lot's of curly haired individuals on this team

stellar.org/about/

with the amount of free time they have sitting on a ripple clone with no active development I'm sure they go even deeper than that -- probably some furries in that office