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Author Topic: [ANN][XLM] Stellar - Decentralized trading platform  (Read 214859 times)
NathanJB
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November 08, 2019, 09:29:42 AM
 #3741

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/

 
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November 08, 2019, 03:53:35 PM
 #3742

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/

Thank you for the news reference, this really helped me in analyzing the further development of the lumen.

 
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November 08, 2019, 07:03:27 PM
 #3743

Latest Stellar price and analysis (XLM to USD)

Stellar (XLM) experienced a huge 20% pump this week after some bullish news from the Stellar Foundation.
Overall, the cryptocurrency seems to be recovering from its late-September bottom of $0.05.


https://finance.yahoo.com/news/latest-stellar-price-analysis-xlm-120020917.html

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November 09, 2019, 07:43:07 AM
 #3744

Latest Stellar price and analysis (XLM to USD)

Stellar (XLM) experienced a huge 20% pump this week after some bullish news from the Stellar Foundation.
Overall, the cryptocurrency seems to be recovering from its late-September bottom of $0.05.


https://finance.yahoo.com/news/latest-stellar-price-analysis-xlm-120020917.html

This is realistic analysis about the ongoing situation of this market it seems there are still a big room to grow and there is big support for this coin. At the moment it moving forward above it's support line and it has big chance to see new highs of the year at any time soon. I think current trend will drive more new money and it will show mind blowing performance.

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November 09, 2019, 06:41:13 PM
 #3745

Weiss Crypto Ratings says XRP community transitioning to XLM ‘makes sense’

Weiss Crypto Ratings, a crypto and financial ratings company, said that the XRP community transitioning over to XLM would make sense. The company suggested Stellar leads in “technological advancement” but struggles with adoption, which is why migration from XRP to XLM would close that gap.

https://cryptoslate.com/weiss-crypto-ratings-says-xrp-community-transitioning-to-xlm-makes-sense/

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November 09, 2019, 08:05:49 PM
 #3746


Stellar’s Plan to Win Global Payments: Play Nice With the Finance Cops

''MEXICO CITY – There’s a mobile app approved by the Mexican government that lets 20,000 migrant workers in the U.S. pay bills back home over the Stellar network.
That’s according to Marco Montes Neri, the creator of the Saldo app, which relies on peso-backed stablecoins. “Stellar has created a set of protocols and a set of standards to handle all these regulatory obligations,”

Read more: https://www.coindesk.com/stellars-plan-to-win-global-payments-play-nice-with-the-finance-cops?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

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November 09, 2019, 10:48:04 PM
 #3747

Well I have sold most all Alts over the last month and gone full Stellar lumens rockstar mode...  Grin
Congrats stellar team! Oh the burn... Cool Cool Cool
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November 10, 2019, 11:27:04 AM
 #3748

what's the real meaning for half burn? for price pump? community faith?

 
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November 10, 2019, 02:39:11 PM
 #3749

what's the real meaning for half burn? for price pump? community faith?

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

I hope this update will help you to understand the purpose behind this event why CEO Denelle Dixon announced on the behalf of Stellar foundation. This is healthy event and it will boost the confidence of new investors to dive in into this space and hold this tight for long term.

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[/ta
tyz
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November 11, 2019, 04:11:23 PM
 #3750

Does anyone have information why lumenaut.net pool has not paid since 22th October 2019?

Usually payments happen once a week https://pool.lumenaut.net/#payments
lonesomestranger
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November 11, 2019, 08:23:06 PM
 #3751


Stellar Dev Digest: Issue #21

''This was a huge week for Stellar-related news. In case you missed it, Meridian took place November 4–5, and it was amazing. Developers, businesses, students, and everyone in-between met up in a beautifully worn-in, plant-filled casa in Mexico City to discuss all things Stellar. ''

Read more: https://medium.com/stellar-community/stellar-dev-digest-issue-21-60db8d34c8bb

PilotofBTC
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November 11, 2019, 08:56:26 PM
 #3752

Does anyone have information why lumenaut.net pool has not paid since 22th October 2019?

Usually payments happen once a week https://pool.lumenaut.net/#payments

That last protocol update eliminated inflation.

"Since 4:00 PM (UTC) on October 28, 2019, at with the Version 12 of Stellar Protocol released, there is no more inflation in Stellar network. "

https://u.today/stellar-staking-terminated-by-binance-as-xlm-inflation-disabled
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