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Author Topic: Why Stellar is not much better than XRP  (Read 602 times)
aso118
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January 03, 2018, 09:05:51 PM
 #21

There are so many aspects to consider why an Altcoin is supported by many investors over a specific Altcoin like Stellar. I agree that Stellar is better than Ripple in some aspects but I think people would choose the more popular + cheaper price like before when Ripple only holds $0.5 or lower then large volume of investments were coming into Ripple so that where the pumping began and now its somehow unstoppable.

You are again looking at the price of a coin and ignoring its circulating supply. There are almost 40 Bn of XRP in circulation, so it does not matter whether the price is $3 pr $0.5, it is still overvalued. This crazy rally where all alts get pumped up will come to a violent end shortly. People who made 50x money in the last month might not care, but they would still have to jump ship at the right time.


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January 03, 2018, 11:14:53 PM
 #22

You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.
Who doesn't have fake Facebook accounts? You could even create a new account through Tor!
I got my XLM for free, I sell some once in a while (a lot more often the past few days!), and I never bought them (although I regret not buying them 3 months ago for a 50-fold increase in value). I know I'm biased towards XLM, their bribe worked well on me Cheesy

Quote
Ripple is the Federal Reserve of crypto
While on the subject: I totally don't get the hype with Ripple (or most of the altcoins with high market cap for that matter). Ripple is a centrally controlled CORPORATION that owns the majority of it's coins. How can this be worth $128 billion now? That means the company owns $200 billion in Ripple, that's ludicrous!

The people in charge of Ripple can monitor, freeze, and reverse your transactions.
Ripple is a cryptocoin, but that's where it ends. It is nothing like Bitcoin, but just like nobody seems to care that Ethereum hardforks whenever the few rich guys in power need to get back their money (The DAO made them instantly abandon "code is law"), nobody seems to care that Ripple is centrally controlled.
"Banks use it" is not an argument to throw your money at it, it should be the other way around! Banks don't need you to become rich, banks want your money, and banks are very good at making sure they get it!

What's strange is that a lot of these centralized currencies are listed on coinmarketcap and are discussed on decentralized ledger forums. There is nothing in the future of centralized currencies.
I wouldn't even be against a centralized cryptocurrency, as long as it's open and public. A corporation that owns the majority of the coins doesn't fit my image of an ideal currency.

Ripple co-founder and former CEO Chris Larsen holds 5.19 billion XRP as well as a 17 percent stake in the company, according to a recent Forbes report. Given that Ripple is currently holding 55 billion XRP in escrow, Larsen is now worth at least $39.8 billion — and that’s not accounting for the value of the company itself apart from its XRP holdings.

They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck. Cool
I've always said altcoins (and later ICOs and now forks) are created for one reason: getting your money! They missed out on Bitcoin, create something new, hype it, and boom, people start throwing money at them.
By the time the guy owns $39.8 billion dollar, he doesn't care about any of the fundamental reasons to choose cryptocurrencies anymore. It's the 1% of the 1% of the 1% that owns 8% of total crypto market cap!

For me i got tons of Stellar at $0.20 when I learnt that it was same Mt. GOX & Ripple guy that developed Stellar.
~
#SAVAGE!
It's amazing how people just ignore the fact that it is indeed the Mt. Gox guy who has his next money maker!

Take a look at the orange line (Ripple's Bitcoin value) in this picture:

Can anybody come up with even just one reason why it shouldn't crash again like it did many times? Why do people keep telling themselves it must be different this time?

Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
I never understand why people start buying a coin when a big corporation has "some" plan with it. Even if IBM is going to use Stellar, they won't be spending any money on buying their coins, so there is absolutely no reason for the coin price to go up.

Hello shittalker, can you show me the image of old coin that dif not drop in BTC value after spring pump?

Ripple is not just bank coin, your retarded knoweledge of banking services and what Ripple tries to solve is just as poor as your cognitive abilities.

All what BTC shills can do is to shout market cap and decentralization. Army of walking deads

Oh yes, one last drop to your uneducated guess 80% of XRP trade s are in fiat. In your face
vsyc
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January 03, 2018, 11:22:48 PM
 #23

There are so many aspects to consider why an Altcoin is supported by many investors over a specific Altcoin like Stellar. I agree that Stellar is better than Ripple in some aspects but I think people would choose the more popular + cheaper price like before when Ripple only holds $0.5 or lower then large volume of investments were coming into Ripple so that where the pumping began and now its somehow unstoppable.

You are again looking at the price of a coin and ignoring its circulating supply. There are almost 40 Bn of XRP in circulation, so it does not matter whether the price is $3 pr $0.5, it is still overvalued. This crazy rally where all alts get pumped up will come to a violent end shortly. People who made 50x money in the last month might not care, but they would still have to jump ship at the right time.

You looking in circulating supply but not into fraction. Every shill of shitcoin is absessed with supply withou proper understanding. In crypto world, everything has value, so single satoshi has value, eventually you endup with no 16kkk but with trilliond quadralions of satoshis, that can be used. It is so funny to see how Period can fuck people brains completely.

Go learn what is market  cap and than speak about circulation.
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January 04, 2018, 12:17:27 AM
 #24

Well, they are both making incredible jumps right now. But I really do think that it's one big anomaly. Both ripple and stellar are coins that are the perfect opposite of that bitcoin is trying to reach.
The only reason it went up this much is because BTC had it's general correction a couple of weeks ago. Once it's fully going up again there is no chance in hell that ripple or stellar will still be able to keep this thing up.
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January 04, 2018, 02:39:55 AM
 #25

Quote
Oh yes, one last drop to your uneducated guess 80% of XRP trade s are in fiat. In your face

More like 70% and 45+% in KRW but how is that an argument when it's still a scam that can be printed at will?
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January 04, 2018, 02:42:40 AM
 #26

Also, why are people talking about XLM like it is XRP? If anything, it is better. The only real similarity these have is fintech/institutional usage. XRP is a scam (as correctly said), XLM is undervalued.

XLM also has over 100 000 000 000 units so how is it undervalued?  Huh

You see I was positive on XLM first but then found out, that Stellar.org tried to enforce identity verification during the airdrop. Like I posted on top. This means the project is also centralized and government controlled just like Ripple.

Basically if you are a little paranoid you could view the Stellar airdrop as a trojan horse, to link BTC and XLM wallets to Facebook users...

Because XRP is worth 3.50 USD, and there are the same number in total. In circulation XLM has even less, and people don't seem to care that the owners can dump 70% of the coins on you, so I just assumed circulating supply.

And it doesn't really, because you don't have to accept the airdrop!

I don't see what is wrong with asking for identity for an airdrop. It's free XLM!

Using crypto to pay for college.
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January 04, 2018, 03:14:45 AM
 #27

XRP and XLM are not related, don't share anything more than... the letter X
And the unnecessary hype that they are getting. Ripple is getting hype and pumping because new corporations are getting into it, it's not even a crypto and people are already comparing it to BTC.
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January 04, 2018, 03:18:46 AM
 #28

Stellar. At first glance it is the better Ripple, "decentralized" and all.

But is it?

No!

There is almost no crypto that has less respect for privacy. There was an airdrop to BTC holders:

https://www.stellar.org/blog/bitcoin-claim-lumens-2/

You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.

If you’re not using an exchange, then law requires us to ensure you’re not on the U.S. sanctions list or located in any of the restricted jurisdictions listed above. We’re using Facebook account verification to complete this check.

Again, this "nonprofit foundation" tried to link ID's to Bitcoin and Stellar wallets. They claim they had to do this because of the "law".

LOL. Hundreds of airdrops were done without ID requirement; in fact I know no other airdrop who had identity verification as a requirement.

Whatever made Stellar.org require this, one thing is clear: if they ever want to freeze/blacklist funds, they can and will do it. Ripple is the Federal Reserve of crypto, and Stellar is Facebook of crypto.

Should Stellar ever be used by the so-called bad guys (Iran, ISIS, Venezuela ....) then good luck to Stellar holders!!!!!!!!

They forked of ripple so they are basically almost the same as ripple, aka centralised
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January 04, 2018, 03:21:06 AM
 #29

I have to make a choice between Stellar and XRP. I would prefer Stella. XRP is so turbulent that I can not trust it. Lately it has come at very good prices. Now getting XRP is very risky.
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January 04, 2018, 04:53:15 AM
 #30

Damn,

I just bought a few hundred in stellar and was all geeked about it, but I didn't know they tried pulling that airdrop bullshit. That type of stuff is extremely off-putting, especially when the ethos of cryptos are arguably to combat the big-brother aspect of government and big business collecting information that they don't "need". Weird shit, I'm shocked that stellar even had the audacity to request that shit and then say it was required by law... They're not talking to a bunch of idiots who don't know how to think for themselves. Maybe they can pull that on the laity, but you'd think they'd foresee the potential backlash among the crypto community with such a wanton request for personal info. Just a strange story, I wouldn't think they'd be targeting cryptocurrency enthusiasts as willing participants in metadata collection...

cheers
leopard2 (OP)
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January 05, 2018, 12:09:02 AM
 #31

There are so many aspects to consider why an Altcoin is supported by many investors over a specific Altcoin like Stellar. I agree that Stellar is better than Ripple in some aspects but I think people would choose the more popular + cheaper price like before when Ripple only holds $0.5 or lower then large volume of investments were coming into Ripple so that where the pumping began and now its somehow unstoppable.

You are again looking at the price of a coin and ignoring its circulating supply. There are almost 40 Bn of XRP in circulation, so it does not matter whether the price is $3 pr $0.5, it is still overvalued. This crazy rally where all alts get pumped up will come to a violent end shortly. People who made 50x money in the last month might not care, but they would still have to jump ship at the right time.

You looking in circulating supply but not into fraction. Every shill of shitcoin is absessed with supply withou proper understanding. In crypto world, everything has value, so single satoshi has value, eventually you endup with no 16kkk but with trilliond quadralions of satoshis, that can be used. It is so funny to see how Period can fuck people brains completely.

Go learn what is market  cap and than speak about circulation.

Your medication is not good for your brain apparently.

The circulating supply does matter.

There are 21 000 000 units of BTC, but 100 000 000 000 units of XRP, 5000 times more!!!!

So XRP is overvalued. If Satoshis were the unit, then a BTC-Satoshi would only cost 15000/100 000 000 = $0.00015 (HEY, then all the shilltards would buy it again because it is so "cheap" LOL)

Also you should note that you cannot send 1 satoshi, due to dust limit. You can send 1 XRP, but not below around 5000 Satoshi

Truth is the new hatespeech.
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January 05, 2018, 12:11:25 AM
 #32

XRP and XLM are not related, don't share anything more than... the letter X
And the unnecessary hype that they are getting. Ripple is getting hype and pumping because new corporations are getting into it, it's not even a crypto and people are already comparing it to BTC.

People can't see ripple is not actually a crypto. It's not decentralized, they somehow can't see the truth behind ripple. I hope they undestand the truth soon. Stellar is more different than ripple and why to compare them with each other.

They have excessive supply numbers and both are negative for me.
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January 05, 2018, 01:13:50 AM
 #33

XRP and XLM are not related, don't share anything more than... the letter X
And the unnecessary hype that they are getting. Ripple is getting hype and pumping because new corporations are getting into it, it's not even a crypto and people are already comparing it to BTC.

People can't see ripple is not actually a crypto. It's not decentralized, they somehow can't see the truth behind ripple. I hope they undestand the truth soon.

The reason is that as crypto goes mainstream, average IQ of crypto user goes down like upside down XRP chart.

Stupid people cannot understand the truth but maybe they will learn and all that money will come back into the real cryptos.  Cheesy

Truth is the new hatespeech.
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January 05, 2018, 01:51:50 AM
 #34

I do not think that XRP is better Stellar. As you know, XRP is created by Ripple Corp. So, It is not completely a cryptocurrency. What happens if the corp control XRP? I dont know, but I think it is not good for investors.

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January 05, 2018, 01:59:40 AM
Last edit: January 12, 2018, 02:44:33 AM by rapidleech
 #35

Both are shitcoins! just pumped hardly & will crash very soon. they do not have any actual products, just rumors & whale games
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January 05, 2018, 03:12:29 AM
 #36

the time may not have been alone. all of that takes and processes. I am currently an nxt is already exceeded. It could be that next is the XRP will be exceeded.  Grin Grin

( M P C X )  Revolution Starts Here!  ( M P C X )
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January 05, 2018, 03:22:53 AM
 #37

I think whether it is decentralized or not does not play a key role in its success in real business world. Being centralized may be better for company.

Decentralized is not always better with centralized since it is depending on crypto itself.
Recently in this crypto currency, people involve because its decentralized.
However, thats above reason you said that make stellar not much better than ripple.
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January 05, 2018, 03:36:45 AM
 #38

I don't see any good reason why you compare these two cryptos, but for me I think its because Ripple(XRP) is most popular than STELLAR.. Grin Grin.. That's why many big/ rich people invested on ripple because they see ripple is better than stellar.
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January 05, 2018, 06:58:00 AM
 #39

There is no way that I would want to link a FB account. I don't even have one

I hate both XRP and Stellar, both are centralized too much circulation and overvalued

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January 05, 2018, 07:13:13 AM
 #40

Best of the best, Stellar is really the best investment. It hit big on exchanges and a lot of development and partners in just a matter of time.

What else this year? Mostly likely investors chose Stellar not just because of its popularity. WE are talking about the excellent features of Stellar.

Read their Articles:

https://www.stellar.org/blog/fifth-stellar-build-challenge-results/

How Stellar contribute to the community using their features:

https://www.stellar.org/how-it-works/stellar-basics/

No doubt XLM will rise up to the TOP.
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