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DaMut
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November 05, 2019, 12:45:08 PM |
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have you seen that the price of Stellar is jumping more than 18% on coin market cap after the CEO announced that the foundation just burnt approx 50% of the token they were sitting on. She did the announcement at the meridian talk
Well, maybe stellar is headed toward new highs (there is still a lot of $ to recover from december 2017)
Yes, I saw it on Stellar Twitter. It seems like they are trying to follow XRP by manipulating Stellar supply, after the end of their inflation rate. They decided to burn 50% of its total supply to make it valuable again. Another crazy movement will happen with Stellar but I do not think it is going to reach its ATH again.
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AlloM
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November 05, 2019, 05:48:33 PM |
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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.
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mich
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#1 VIP Crypto Casino
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November 05, 2019, 06:35:28 PM |
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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/
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monsanto
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..like bright metal on a sullen ground.
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November 05, 2019, 07:16:53 PM |
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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
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tbct_mt2
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November 06, 2019, 05:19:19 AM |
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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.
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rendravolt
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November 06, 2019, 11:50:21 AM |
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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.
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vesper188
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November 06, 2019, 12:36:46 PM |
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Do you think we can expect 0.2-0.3 in next year ?
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nelson4lov
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November 06, 2019, 01:15:21 PM |
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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.
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piebeyb
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Bitcoin Trader
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November 06, 2019, 01:34:05 PM |
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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
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Trade on the go. Anywhere, anytime.
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PilotofBTC
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Activity: 1736
Merit: 1001
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November 06, 2019, 07:34:16 PM |
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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.
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MarquiseMuseum
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www.MarquiseMuseum.com
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November 06, 2019, 10:08:05 PM Last edit: November 06, 2019, 10:19:36 PM by MarquiseMuseum |
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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/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpBStellar 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
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rendravolt
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November 07, 2019, 01:39:12 PM |
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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.
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dishku
Legendary
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Merit: 1003
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November 07, 2019, 05:32:57 PM |
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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.
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nelson4lov
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November 07, 2019, 06:30:00 PM |
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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.
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lonesomestranger
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November 07, 2019, 08:04:24 PM |
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SDF's Next StepsNovember 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/
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Piston Honda
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Juicin' crypto
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November 07, 2019, 08:27:02 PM |
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lol maaaan
XLM still around
XLM always been useless shitcoin
burns a shit ton but not from public...
XLM still a shitcoin
lmao
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$ADK ~ watch & learn...
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notblox1
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Logo Designer ⛨ BSFL Division1
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November 08, 2019, 04:39:14 AM |
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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
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rendravolt
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November 08, 2019, 08:48:18 AM |
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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.
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