[ANN][XLM] Stellar - Decentralized trading platform

[mich]

Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/

[1680071981]

1680071981

[monsanto]

i think the market already anticipated the giveaway

i think that on the giveaway we will see a nice spike up.

And there's always the chance that someday they may change their minds, and decide to burn large chunks of coins instead of continuing free distribution.  That'd be one way they could massively increase market cap anyway  

Lol. What a ridiculous idea. Never going to happen and that's a good thing.

Funny how many "Never going to happen" end up happening in crypto. Such a ridiculous idea yet coins change their distribution plans all the time  

I guess you don't really understand what stellar is all about.

 

https://www.coindesk.com/stellars-foundation-just-destroyed-half-the-supply-of-its-lumens-cryptocurrency

[tbct_mt2]

Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/

Personally, I like price manipulation that is necessary for market variations. As long as traders and investors can use their own-built set of criteria to make good decisions to enter and exit market, they will be able to take advantage of price manipulations to earn profits for their portfolios.

All markets have manipulations, stocks, gold, and cryptocurrency market is not the only exception from financial games.

[rendravolt]

http://cryptonews.tel/the-stellar-foundation-has-burned-over-50-of-the-total-xlm-token-supply-canceling-airdrop-programs

This will put wonderful impact on the price of this coin it will lead this towards the moon. This is the golden chance to buy more on current price to make huge profit in future.

It has been months since XLM has not increased significantly, hopefully the question will be answered at the end of the year.

[vesper188]

Do you think we can expect 0.2-0.3 in next year ?

[nelson4lov]

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

[piebeyb]

http://cryptonews.tel/the-stellar-foundation-has-burned-over-50-of-the-total-xlm-token-supply-canceling-airdrop-programs

I think the airdrop for keybase might be the last airdrop from Stellar Foundation or maybe there are other airdrops in the future, I still see many people complaining about airdrop distribution to blockchain users and others, I think the news they will burn the supply will attract attention and encourage traders to buy XLM

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

they are no different and do look like they have connections, because they are not mined like other altcoins, the system they use is the same to activate the wallet for example 

[PilotofBTC]

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

Both the burn and the removal of inflation certainly make a better value. Hopefully, the price will start reflecting it. The usability of the Stellar blockchain is excellent given the speed, support for anchors, colored coins, etc.

[MarquiseMuseum]

waves functionality with pywaves is better in my opinion I have tried XCP, ETH, XLM and Waves and waves is the best by far in user friendliness and I thinkk most small business will choose the easiest and fastest interface for their "stock" crypto:

http://dev.pywaves.org/assets/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB

Stellar is valued to several billions, Waves value is below $100 million. Both have potential to capture $250 billion each from 1-10% of global retail market ($20trillion) within 5 years.

Those 2 is the best decentralized bet for investors in the 2020's merchant parabola, because no one except government can obtain 100% centralized "NASDAQ Dollars", maybe only after government migrate trillion dollar budget so everyone else must buy high. Fiat will be phased out with index coin stock migrations, there will not be a "fiat collapse" to profit from

[rendravolt]

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

Both the burn and the removal of inflation certainly make a better value. Hopefully, the price will start reflecting it. The usability of the Stellar blockchain is excellent given the speed, support for anchors, colored coins, etc.

That's right, Lumen has been very helpful for moving the economy, besides being safe and fast, Lumen is a long-term choice.

[dishku]

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

There are so many factors who decide the future direction of any market no doubt that is really great decision to burn the coins and reduce the supply. I also very bullish on XLM because of its great concept and hard wrok of the team surely it will make this more valuable in coming days.

[nelson4lov]

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

There are so many factors who decide the future direction of any market no doubt that is really great decision to burn the coins and reduce the supply. I also very bullish on XLM because of its great concept and hard wrok of the team surely it will make this more valuable in coming days.

Definitely. Like I said before, limited supply can play an integral role in the positive price direction of a coin and XLM team just went down that route. Don't forget XLM had previously been airdropping millions of stellar lumens. So you'll agree with me that they've burnt most, if not all or equivalent of those tokens that were airdropped via blockchain, Binance and the rest of them.

[mich]

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

[lonesomestranger]

SDF's Next Steps

November 4th 2019, in Mexico City, the Stellar ecosystem--a diverse family of entrepreneurs, developers, innovators, thinkers, and builders--is gathered in person for the first time. With so many of us here, Meridian is the perfect setting for a long-overdue update on Stellar’s giveaway programs and to announce a new mandate for the Stellar Development Foundation.

Check it out: https://www.stellar.org/blog/sdfs-next-steps/

[Piston Honda]

lol maaaan

XLM still around

XLM always been useless shitcoin

burns a shit ton but not from public...

XLM still a shitcoin

lmao

[notblox1]

I wonder why Stellar burned only all community coins, and none of their own developer fund coins?
Calculated move that is not decentralized at all

[rendravolt]

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

[NathanJB]

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

[rendravolt]

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

Is it true that 55 billion were burned? This is very beneficial for lumen holders, prices will definitely continue to rise towards the end of the year, I can't wait for that.

[NathanJB]

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

Is it true that 55 billion were burned? This is very beneficial for lumen holders, prices will definitely continue to rise towards the end of the year, I can't wait for that.

As I have clearly stated in my post, the Stellar Lumens team burned a total of 55 billion XLM tokens. If you take a look at the information of the Stellar project in coinmarketcap, the total supply indicated there is already 50 billion. The total circulating supply does not anymore appear tiny compared to the total supply. The current circulating supply is almost 50% or half of the total supply. But I doubt the token burning will cause a consistent pump until the end of the year. That is too long an effect of the burning.

For more info.
https://cointelegraph.com/news/stellar-burns-over-55-billion-tokens-worth-47-billion-usd
https://cointelegraph.com/news/will-stellars-55-billion-xlm-burn-trigger-a-new-bull-cycle
https://beincrypto.com/stellar-development-foundation-burns-55-billion-xlm-coins-reveals-new-strategy/