fl1pp3r
Newbie
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Activity: 14
Merit: 0
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October 16, 2017, 04:39:12 PM |
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What i am afraid about Stellar is the Long term.
Decentralized exchanges will never be approved by any government. I just check what is happening with Bitshares.
THe future will be governments assign official exchanges but never decentralized.
This is just my opinion.
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poiseulle
Sr. Member
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Activity: 448
Merit: 250
Provide high-quality Chinese translation
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October 16, 2017, 04:42:39 PM |
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What i am afraid about Stellar is the Long term.
Decentralized exchanges will never be approved by any government. I just check what is happening with Bitshares.
THe future will be governments assign official exchanges but never decentralized.
This is just my opinion.
I wonder what is actually happening with BitShare? except delisted by Bittrex, nothing went wrong with Bitshare. Stellar is pumped for unknown reason also |
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hush
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October 16, 2017, 04:51:58 PM |
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Coindesk's article about the partnership with IBM motivated the market. IBM is planning to start using stellar to manage cross border payments with more ease and fastest way. This is what I found from that article little time ago. Stellar with this use case can be next big thing.
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PilotofBTC
Legendary
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Activity: 1736
Merit: 1001
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October 16, 2017, 04:52:27 PM |
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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?
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Can anyone shed light on this. Perhaps I'm missing something.
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Roidz92
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October 16, 2017, 05:17:54 PM |
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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?
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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? |
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Roidz92
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October 16, 2017, 05:19:40 PM |
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What i am afraid about Stellar is the Long term.
Decentralized exchanges will never be approved by any government. I just check what is happening with Bitshares.
THe future will be governments assign official exchanges but never decentralized.
This is just my opinion.
Stellar is pumped for unknown reason also kidding?   |
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NrX
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October 16, 2017, 05:22:53 PM |
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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.
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bambambam
Newbie
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Activity: 49
Merit: 0
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October 16, 2017, 05:23:28 PM |
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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  |
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Ryancope123
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October 16, 2017, 05:26:22 PM |
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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 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? |
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cryptdak
Newbie
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Activity: 74
Merit: 0
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October 16, 2017, 05:33:23 PM |
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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 YOU right |
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oleoleolisadebe
Newbie
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Activity: 44
Merit: 0
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October 16, 2017, 05:34:50 PM |
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don't fall into this, I mean XLM is looking good for long term but right now the price is so pumped, it will probably go down by half in next few days, so buying into it right now is suicide. Just Wait.
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Lastsamuraj
Full Member
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Activity: 266
Merit: 100
Prontapay
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October 16, 2017, 05:35:45 PM |
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Missed this one.Price already x2:/
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matsud2
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October 16, 2017, 05:41:40 PM |
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I would like to see xlm price going to 3k again like few months ago
will it happen again soon since xlm partnership with IBM
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bambambam
Newbie
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Activity: 49
Merit: 0
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October 16, 2017, 05:44:16 PM |
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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 YOU right IBM enterprise content management solutions are installed at more than 1,300 banking and financial organizations around the world, making it a leading provider in the banking industry. IBM provides banking tech/services to about every large western bank there is. You can do the math  |
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BLACKCOIN883
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October 16, 2017, 05:50:23 PM |
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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 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. |
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Mertalot
Member
Offline
Activity: 157
Merit: 10
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October 16, 2017, 05:52:34 PM |
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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
Legendary
Offline
Activity: 1736
Merit: 1001
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October 16, 2017, 05:52:43 PM |
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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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bambambam
Newbie
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Activity: 49
Merit: 0
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October 16, 2017, 05:55:15 PM |
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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 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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Ben.Lock
Member
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Activity: 67
Merit: 10
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October 16, 2017, 05:55:31 PM |
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Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump? |
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orpel
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October 16, 2017, 06:02:02 PM |
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Guys, do you think that the announcement today is worth double the value of Stellar or we have just witnessed a huge pump? 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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