I understand there are large whales, and huge pump/dump and insider information currently taking place. But this madness of manipulative supplies is ridiculous. We are actively promoting the
2 biggest scamcoins in the history of Bitcointalk, Stellar (STR) and Ripple (XRP).
I believe, this all has to be attributed to Coinbase. With each passing day, more insider information is passing along because of how corrupt Coinbase has become. Soon the fucking feds will investigate (if they haven't already) these corrupt fucking scams, and take major action. The days of crypto are coming to an end, because of some greedy greedy slimy fucking cunts. But I digress.
Lets get back to STR.
How can one invest into a coin where the devs/founders hold 90% of the supply?
I quote:
50B XLM: to be given in small increments to as many people as possible.
5B XLM: to be given to other businesses and non-profits to reach people that stellar.org wouldn't otherwise be able to reach through the Direct Signup program.
20B XLM: to be given to bitcoin and XRP holders (announcement about the details of this coming soon)
5B XLM: retained by Stellar.org for operations.
Circulation of STR according to CMCCirculating Supply
17,877,205,352 XLM
Total Supply
103,570,548,975 XLM
Lumens Available (not held by SDF) (
https://dashboard.stellar.org/)
17.87B XLM
17,877,206,452.2210726 XLM
Is there any evidence that 5billion, and the other "20billion for bitcoin and xrp holders" was actually distributed? Is there any proof that 50B was distributed to as many people possible? no.
STR aka RIPPLE scam team is holding onto nearly 90 Billion coins. Man you guys really need to wake the fuck up before investing in these scams.
If you factor in the total supply, that ultimately means STR is worth 90 Billion on CMC, valued more than ETH. smh.
More Distribution data: (
https://dashboard.stellar.org/)
Direct signup program 9.62% 4,813,718,623 XLM
Bitcoin program 100% 2,037,756,770 XLM
Stellar Build Challenge N/A 155,686,333 XLM
Partnership program 4.50% 1,126,666,667 XLM
In Summary, the supply is totally fucked. The distribution, as far as my knowledge goes, has completely stopped. In the past 2 years, they managed to distribute only 10% of the supply. You guys fucking retarded?
Take some action CMC and delist this shit, just like you did with XRP. Also any exchange supporting STR, aka Poloniex and Bittrex have been in working ties with the XRP group for the longest time now. The whole fucking circle of shit is corrupted to the max, and a lot of people are going to lose a shit ton of money when this all boils over. I have a good feeling XRP tokens are going to be burned soon, they know they can't keep up the charade for much longer.
