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Author Topic: [ANN][XLM] Stellar - Decentralized trading platform  (Read 227120 times)
hiddensphinx
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December 18, 2017, 03:33:55 PM
 #1701

when moon  Grin

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PilotofBTC
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December 18, 2017, 05:06:17 PM
 #1702

Considering the amount of STR that is yet to be distributed, this shit is not going anywhere but down for the foreseeable future.

Read the whitepaper! They are only adding at 1% a year... I use to think exactly what you think here which is what kept.me.from.initially investing. Truth is that the 1% addition each year will have minimal effect on price.

Is that 1% new XLM every year (mining rewards), or just existing XLM that is released from SDF every year?  If the latter, is that what the auctions are?


No mining.... it is existing XLM released-

This appears to be incorrect. There is 1% per year inflation built into the protocol. It's not mining per say, but the total population of XLM is increasing.

https://www.stellar.org/developers/guides/concepts/inflation.html
monsanto
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December 18, 2017, 05:45:50 PM
 #1703

Considering the amount of STR that is yet to be distributed, this shit is not going anywhere but down for the foreseeable future.

Read the whitepaper! They are only adding at 1% a year... I use to think exactly what you think here which is what kept.me.from.initially investing. Truth is that the 1% addition each year will have minimal effect on price.

Is that 1% new XLM every year (mining rewards), or just existing XLM that is released from SDF every year?  If the latter, is that what the auctions are?


No mining.... it is existing XLM released-

This appears to be incorrect. There is 1% per year inflation built into the protocol. It's not mining per say, but the total population of XLM is increasing.

https://www.stellar.org/developers/guides/concepts/inflation.html



Quote
When inflation is run, nodes carry out the following algorithm:

1. Calculate the inflation pool by (number of lumens in existence)*(weekly inflation rate) + fee pool.
2. Calculate the MIN_VOTE by (number of lumens in existence)*.0005. This is .05% of the existing lumens, the minimum amount of votes needed to get any part of the inflation pool.
3. Tally the votes for each account based on the inflation destination set for every account.
4. Determine which accounts exceeded the MIN_VOTE. These accounts are the winners.
5. The winners each get their prorata share of the inflation pool. For example, if a winner gets 2% of the votes, it will get 2% of the inflation pool.
6. Return any unallocated lumens to the fee pool.

I think this is a pretty creative distribution method. It's interesting to speculate about the different kinds of groups that will campaign for votes to reach the 0.05% cutoff.  If "number of lumens in existence" is around 100 billion then they'll need to reach about 50 million votes.  Or I guess they could buy that many lumens today for $13 million and vote for themselves  Wink
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December 19, 2017, 08:00:30 AM
 #1704

when moon  Grin

I think it will not be this week. The coin is already overbought and is held only by the fact that everything is pamped. It is worth bitcoin to go to 20,000 and the drain will begin.
PuraPuraBego
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December 19, 2017, 09:23:00 AM
 #1705

Did you get this news guys? https://www.coindesk.com/goodbye-ethereum-kik-plans-move-ico-tokens-stellar/
It's time to take your part and join with a flight to planets moon. Im already save stellar a few weeks ago, then now price has move so fast  Tongue

both  will benefit eth and xml  as  persons  not previously familiar with Stellar  will learn by exploiting whereas eth  will free part of their bandwidth
Yup, ETH was upgraded and now kik has moved to platfrom Stellar. And they will be soon used for beginning of the year 2018. Let is make be easily money, since I share above post, I've got 50% profits  now.

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December 19, 2017, 09:26:43 AM
 #1706

Why is every major coin pumped?
Because now is the time for change to occur in the field of technology, and now a creator made a new inovation with blockchain technology. then be compete at financially in all aspects. That is would be like inflansi of money, but not sure.  Cheesy
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December 19, 2017, 09:35:18 AM
 #1707

when moon  Grin

No need go to the moon

Go to the mars! Why not..
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December 19, 2017, 09:55:24 AM
 #1708

when moon  Grin

No need go to the moon

Go to the mars! Why not..

Let's settle with this.
1 USD - to the Moon
10 USD - to Mars
100 USD - interstellar
soliton
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December 19, 2017, 10:05:40 AM
 #1709

Why is every major coin pumped?

Not to worry,it will soon be dumped along with all the other rubbish while bitcoin absorbs the whole market share in the end.Stick with Bitcoin as in BTC and dump all these "alts".

Do your own judgment mate don't follow newbies advice about selling.  Bitcoin may end as  Yahoo but in finance. Stellar has got its momentum.
PhilMorrison1
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December 19, 2017, 10:21:46 AM
 #1710

Bitcoin at current price is just hype and its blockchain is inferior to any other major blockchain e.g. Ethereum, Ripple or Stellar. Why would it absorb anything?
buffalobkhn
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December 19, 2017, 10:27:47 AM
 #1711

when moon  Grin

No need go to the moon

Go to the mars! Why not..

Let's settle with this.
1 USD - to the Moon
10 USD - to Mars
100 USD - interstellar

You're right!

XLM Go ahead in silent
asuusa
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December 19, 2017, 10:55:13 AM
 #1712

I'd be happy if stellar took a leg up to 1400 sats. I keep think its going, then it hits resistance. But long term, I'm a little concerned because there are so many outstanding lumens. The last airdrop didn't help the price any.
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December 19, 2017, 11:09:01 AM
 #1713

Stellar will be used for ICO next year that thing is making it much more attractive. Other partnerships and this usage of platform to host ICO's next next if we look in this perspective then it become easy to understand the recent increase. There are reasons to believe it will perform better in future even than this.
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December 19, 2017, 12:22:55 PM
 #1714

XLM looking very impressive!   Let's keep this momentum going!

Quelowessianni
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December 19, 2017, 12:25:30 PM
 #1715

I use platform WavesLiteApp. Are my torents can be stored there?
d3nz
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December 19, 2017, 01:16:48 PM
 #1716

XLM looking very impressive!   Let's keep this momentum going!

Stellar will pump up more, i can see that.

A lot of development and meeting up all over the world with partners is the path to success of XLM.

I would say that XLM could reach $1 anytime just like NEM.
oleoleolisadebe
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December 19, 2017, 03:49:21 PM
 #1717

Stellar and Walmart partnership incoming? or it's a rumour ?
PilotofBTC
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December 19, 2017, 04:39:40 PM
 #1718

I'd be happy if stellar took a leg up to 1400 sats. I keep think its going, then it hits resistance. But long term, I'm a little concerned because there are so many outstanding lumens. The last airdrop didn't help the price any.

The airdrops are done. Only XLM going out now is the Build Challenge participants.

However, I do agree... SDF holds a large amount of Stellar Lumens.   But, I expect that is built into the price.

however, I wouldn't mind seeing the SDF decide to burn the un-allocated XLM once the build challenge is over so they only hold the initially planned 5%.

So, I have no idea how they plan to meet their mandate of giving away all 95 billion. It looks to me if I'm reading the dashboard correctly that only 17.85 billion of 103 billion that exist are in circulation. The rest are held by the SDF.

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December 19, 2017, 11:44:54 PM
 #1719

I'd be happy if stellar took a leg up to 1400 sats. I keep think its going, then it hits resistance. But long term, I'm a little concerned because there are so many outstanding lumens. The last airdrop didn't help the price any.

The airdrops are done. Only XLM going out now is the Build Challenge participants.

However, I do agree... SDF holds a large amount of Stellar Lumens.   But, I expect that is built into the price.

however, I wouldn't mind seeing the SDF decide to burn the un-allocated XLM once the build challenge is over so they only hold the initially planned 5%.

So, I have no idea how they plan to meet their mandate of giving away all 95 billion. It looks to me if I'm reading the dashboard correctly that only 17.85 billion of 103 billion that exist are in circulation. The rest are held by the SDF.



I think the SDF has said that some, maybe most, of the future giveaway will have a lockup period of several years attached to it.

In terms of a burn, I once suggested in here that I could see that happening, not based on any info, but just based on this being crypto and there being that massive reserve. I was told that it'd never happen since the coin is built on the giveaway distribution method. I still think a burn could happen though. And since that's the biggest thing holding the price down, I think XLM could really explode after that.

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December 20, 2017, 01:23:05 AM
 #1720

what is happening?  Huh Huh Huh Huh Huh
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