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Author Topic: [ANN][XLM] Stellar - Decentralized trading platform  (Read 109822 times)
Mertalot
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October 16, 2017, 05:52:34 PM
 #1021

Market use every good news for quick gains and unfortunately there is no change in this mentality. IBM picked up Stellar for cheap transactions but with the increase of demand its value will increase too. What will happen then that question has been raised two posts above mine and this seems valid to me. It was really speculation more than appreciation on the exchange.

Are their any articles to read about the IBM deal in details? Would appreciate if you send some
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PilotofBTC
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October 16, 2017, 05:52:43 PM
 #1022

It seems if people don't get a 10x return/gain within 3 months, they consider a coin a failure or a scam.

It's great the story about IBM is bringing some interest. But, it's still a highly speculative investment.

Also, afaik, moving fiat on the Stellar blockchain is about anchors. You can move fiat from person to person with a .00001 XLM fee.

So, a company like IBM can buy 10 stellar and make 1 million transactions.

Since XLM isn't really a store of value, I'm starting to wonder if/how/why the price would really go up much?

---

Can anyone shed light on this. Perhaps I'm missing something.


They transfer fiat money in stellar, then sell stellar to have fiat money again, no?

No. I'm pretty sure that's not how it works. (or has to work)

Let's say you have 5000 BTC at a stellar anchor like vcbear and you want to send 500 BTC to someone with stellar. Basically, you create a stellar transaction directing vbbear to move 500 of the BTC they hold for you to the person you are sending the BTC to. This cost .00001 XLM to record the transaction on the block chain. vcbear now knows someone else holds that 500 BTC.   There is no XLM -> BTC transaction.

I  mean, sure you can trade XLM for BTC tokens, but I don't think that's what IBM is doing here. They are just recording fiat movement on the Stellar endpoint. afaik.  Even if they were buying lumens for USD, moving the lumens and then selling for USD, those buy/sells would offset each other.

I could be wrong. That's why I'm asking for someone that knows more about this, and why we should expect XLM price to go up much?
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October 16, 2017, 05:55:15 PM
 #1023

Some people seem to be clueless how big this deal with IBM actually is. I don't mind, their loss, just watch next 1-2 months  Wink

Guys invested quite heavily into xlm about 3 weeks ago now, the IBM news I keep seeing it's just temporary van somebody with some know how please confirm?

Even if it is confirmed to be temporary, it could always change if it works out. Even if it doesn't change, who knows who else could pick them up after getting all the exposure for it.

Google will:
https://www.reddit.com/r/Stellar/comments/75hxpf/stellar_and_google/

And who knows, IBM and Google has been working together in the past as well...
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October 16, 2017, 05:55:31 PM
 #1024

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

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orpel
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October 16, 2017, 06:02:02 PM
 #1025

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

I think it's both.
We have seen 150% jump today.
The platform got a huge push from the industry but it's still just the beginning and it is now only 92% rise.

I believe in this platform and I think it is only the beginning.

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October 16, 2017, 06:06:29 PM
 #1026

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

I think it's both.
We have seen 150% jump today.
The platform got a huge push from the industry but it's still just the beginning and it is now only 92% rise.

I believe in this platform and I think it is only the beginning.

Thanks,
I think I'll wait a bit and then probably buy some.

Lendoit ▮ P2P Cross Border Lending ▮ Lendoit
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orpel
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October 16, 2017, 06:11:00 PM
 #1027

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

I think it's both.
We have seen 150% jump today.
The platform got a huge push from the industry but it's still just the beginning and it is now only 92% rise.

I believe in this platform and I think it is only the beginning.

Thanks,
I think I'll wait a bit and then probably buy some.


Keep in mind that the market has a short memory, you might see a big dip and the next few days (in addition to Bitcoin gold fork that is moving money to Bitcoin), and then the price might be much more attracting.

But always keep in mind that there are no rules in the crypto environment.   Wink


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October 16, 2017, 06:14:00 PM
 #1028

don,t forget about https://www.meetup.com/The-Bitcoin-Bay/events/244150155/
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October 16, 2017, 06:15:36 PM
 #1029

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

I think it would pump up more. Just like the time it rise up to 2.5k sats. It is really a worth waiting in this kind of project that you know it could change the cryptocurrency world.

The stellar team are really doing their job for the development of this project.

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October 16, 2017, 06:21:55 PM
 #1030

Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump?
 Huh

I think it's both.
We have seen 150% jump today.
The platform got a huge push from the industry but it's still just the beginning and it is now only 92% rise.

I believe in this platform and I think it is only the beginning.

Thanks,
I think I'll wait a bit and then probably buy some.


Keep in mind that the market has a short memory, you might see a big dip and the next few days (in addition to Bitcoin gold fork that is moving money to Bitcoin), and then the price might be much more attracting.

But always keep in mind that there are no rules in the crypto environment.   Wink



Yep, I learned that in a painful way...

Lendoit ▮ P2P Cross Border Lending ▮ Lendoit
All You Need Is Loan
▬▬▬▬▬[TGE on December 2017]▬▬▬▬▬
cryptdak
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October 16, 2017, 06:22:50 PM
 #1031

CNBC news https://www.cnbc.com/2017/10/16/ibm-has-a-new-blockchain-for-banks-to-speed-up-cross-border-payments.html
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October 16, 2017, 06:23:40 PM
 #1032


What you mean 8.2 or 82k satoshi can you explain about this. There are some good signs for significant rise in coming days I think so but much hard to say in current situation when everybody trying to take profit for upcoming fork.

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October 16, 2017, 06:26:54 PM
 #1033


What you mean 8.2 or 82k satoshi can you explain about this. There are some good signs for significant rise in coming days I think so but much hard to say in current situation when everybody trying to take profit for upcoming fork.
2000 sat i mean  Shocked
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October 16, 2017, 06:44:34 PM
 #1034


Well that's exciting.
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October 16, 2017, 06:46:54 PM
 #1035

i'ii think, stellar must worth more than ripple - 2x    Kiss in 2018 we can see price - 0.1-0.2$ (minimum)
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October 16, 2017, 07:03:43 PM
 #1036

All in on XLM
http://www.trustnodes.com/2017/10/16/stellar-lumens-skyrocket-ibm-partnership
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October 16, 2017, 09:03:28 PM
 #1037

I am very bullish on this one! IBM deal is huge, also everyone seems to be optimistic. I'm holding long term.
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October 16, 2017, 09:55:06 PM
 #1038

I am very bullish on this one! IBM deal is huge, also everyone seems to be optimistic. I'm holding long term.

Same here. This has been a long term buy/hold for me for a while. The nice thing is, at this price, you get get a large amount which gives some nice leverage.
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Buy Low, Sell at Alpha Centauri


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October 16, 2017, 11:08:55 PM
 #1039

As BTC grows it becomes more sluggish, and with increasingly higher fees. 
https://ledgerx.com/about-ledgerx/ will very soon bring Wall Street into cryptos with ETF's behind them.
Institutional investors will look at Stellar much faster now with IBM on board.

XLM to Alpha Centauri and beyond . .


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October 16, 2017, 11:46:22 PM
 #1040

I'm very confident in this project and with the recognition it has recently received, I'm in for another .5 BTC  Smiley
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