XLM Stellar Lumens compared to Ripple XRP?

[very_452001]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

[logfiles]

When you talk about decentralization. Most of the altcoins are just pretenders but in actual sense they are centralized and no decentralized like Bitcoin. Stellar was created to serve almost the same purpose as Ripple which means there's not anymuch difference between them.

Looking at the price graphs, I don't think the price correlates that much, there's some difference, and you can clearly see that Ripple was pumped and dumped because of the airdrop plus the recent sec news.

[very_452001]

What you mean by the word 'Pretenders', do you mean these altcoins are pretending to be decentralised but in reality they are centralised?

How does an investor filter out these pretending Alts on coinmarketcap?

Okay in summary of my understanding, please correct me if I'm wrong, any centralised coin can be targeted by SEC and governments because centralization means it has a front running person or a head office that can be easily targeted unlike bitcoin that doesn't have any office nor a front running person promoting/advertising it.

Lastly is Ethereum 2.0 a 'pretending' altcoin?

[ahoenk]

It could be happen to stellar too if stellar team cacth to pump its price and selling it to retail imvestor. Also if there is a shady price manipulation stellar could probably investigate by sec too. Better stay away from xlm and xrp for a while and wacth what happen.

[very_452001]

It could be happen to stellar too if stellar team cacth to pump its price and selling it to retail imvestor. Also if there is a shady price manipulation stellar could probably investigate by sec too. Better stay away from xlm and xrp for a while and wacth what happen.

Okay getting confused because theres a post earlier in this thread saying Stellar is not centralised however now your saying that the SEC regulators can go after Stellar but how can they go after something that is decentralised

So according to you stellar is centralised?

[bigcash2011]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

I have noticed the same and it is amazing how they are correlated in terms of price, it just feels like they are somehow connected or are sister companies but i know both are completely separate and different projects, I hope Stellar as a project will clarify this thing maybe through an official announcement or newsletter.

[BitcoinPanther]

What you mean by the word 'Pretenders', do you mean these altcoins are pretending to be decentralised but in reality they are centralised?

I think it is what you said.  Many altcoins rides the idea of decentralization but then if you look at it, the developer have the power to control the flow of transaction.  They can freeze and address and block it so that the network won't accept any incoming transaction from that blocked address.

How does an investor filter out these pretending Alts on coinmarketcap?

They can filter it by doing research. 

[Twinkledoe]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

I have noticed the same and it is amazing how they are correlated in terms of price, it just feels like they are somehow connected or are sister companies but i know both are completely separate and different projects, I hope Stellar as a project will clarify this thing maybe through an official announcement or newsletter.

I don't think they will clarify this kind of matter. Maybe, this is just a coincidence. But yes, XLM should be moving upward not downward as bitcoin is really going up. Maybe, people are also going away from stellar and spending it to buy bitcoin. But right now, XRP is really in big trouble. We don't know when will their issue with SEC will be closed.

[asriloni]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

Stellar has connection to the ripple as Jed is still a part of the stellar team. People were seeing the stellar is just like a second generation of ripple. Stellar can also be targeted like ripple too.
Do you know Jed Mccalleb? the guy who has been doing massive dump in ripple market? That guy was former CTO of ripple and this time he's a part of stellar team. Jed's still having strong relationship with Brad and Larsen.

that's why ripple and XLM are having price correlation.

[logfiles]

What you mean by the word 'Pretenders', do you mean these altcoins are pretending to be decentralised but in reality they are centralised?

How does an investor filter out these pretending Alts on coinmarketcap?

Okay in summary of my understanding, please correct me if I'm wrong, any centralised coin can be targeted by SEC and governments because centralization means it has a front running person or a head office that can be easily targeted unlike bitcoin that doesn't have any office nor a front running person promoting/advertising it.

Lastly is Ethereum 2.0 a 'pretending' altcoin?

In a sense yes, most of the altcoins are pretenders of decentralized networks. For example did you know that stellar assets can be frozen in one's account? Ask yourself who freezes them?
Can you do the same with Bitcoin?

You can filter pretenders by making doing due diligence. Coinmarketcap has a crap load of shitcoins.

Note there a difference between a pretending altcoin and a pretending decentralized network 

[Jamesdila1]

Stellar has been approved for trading in NY by the New York State Department of Financial Services (NYDFS)...NY is a pretty strict state for trading due to Wall St., and that is one of the biggest signs so far I believe that show that it is not seen as a security. I don't think it's possible to buy XRP or XLM in New York legally.

[irixo10]

In my own understanding way, a very good number of projects are just using that term "decentralization" or "decentralized" so as to blind those they want to, divert attention while the team do whatever they want,  a very good number of them are not decentralized, rather they are highly centralized but in a more hidden way. In the case of XLM, I would say it is decentralized at least there are some sort of validators and so far they haven't given their investors any reason to believe or to think they are centralized, at least to the best of my knowledge. Also, in my own opinion about price correlation, I think everything about price depends on the market and choice of traders, Bitcoin isn't giving altcoins much room thus it can be anticipated that investors are moving funds from many altcoins to Bitcoin of which XLM is one of those altcoins.

[Psynthax]

Stellar created by one of Ripple cofounder so it only makes sense if people think stellar gonna be affected by the SEC lawsuit against ripple
However, doesnt necessarily means Stellar will be affected if ripple happens to lose a lawsuit but we don't really know for sure though. If you trying to buy stellar, just wait until ripple settles its problem first because its gonna be roller coaster of a price.

[StealthCoin1]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

When to think about it Stellar and Ripple are almost alike, centralized crypto and the creator(s) are making billions of dollars out of thin air.
When to think about it I think most altcoins are useless, deep pocket whale(s) running the game, like Ethereum, Dot, Cardano, or Link etc... in my book they are all useless, just scam platforms.
But hey this is crypto, the wild wild west of scam and winner take all.
I guessed this is why Bitcoin is safe heaven.

[very_452001]

What you mean by the word 'Pretenders', do you mean these altcoins are pretending to be decentralised but in reality they are centralised?

How does an investor filter out these pretending Alts on coinmarketcap?

Okay in summary of my understanding, please correct me if I'm wrong, any centralised coin can be targeted by SEC and governments because centralization means it has a front running person or a head office that can be easily targeted unlike bitcoin that doesn't have any office nor a front running person promoting/advertising it.

Lastly is Ethereum 2.0 a 'pretending' altcoin?

In a sense yes, most of the altcoins are pretenders of decentralized networks. For example did you know that stellar assets can be frozen in one's account? Ask yourself who freezes them?
Can you do the same with Bitcoin?

You can filter pretenders by making doing due diligence. Coinmarketcap has a crap load of shitcoins.

Note there a difference between a pretending altcoin and a pretending decentralized network 

What is the difference between a pretending altcoin and a pretending decentralised network?

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

When to think about it Stellar and Ripple are almost alike, centralized crypto and the creator(s) are making billions of dollars out of thin air.
When to think about it I think most altcoins are useless, deep pocket whale(s) running the game, like Ethereum, Dot, Cardano, or Link etc... in my book they are all useless, just scam platforms.
But hey this is crypto, the wild wild west of scam and winner take all.
I guessed this is why Bitcoin is safe heaven.

What you think of Litecoin, do you think its decentralised like bitcoin?

You think Eth 2.0 is centralized and what de-fi (decentralized finance), which de-fi coins are true decentralized?

[moderator's note: consecutive posts merged]

[StealthCoin1]

Are both coins related in anyway because both coins have crashed?

Is Stellar centralised like Ripple and can it too be in trouble by the SEC regulators?

Or Stellar has no connection to ripple and is a totally different alt to ripple that has no ripple executives on stellar's team however the only thing common between the 2 is price correlation?

When to think about it Stellar and Ripple are almost alike, centralized crypto and the creator(s) are making billions of dollars out of thin air.
When to think about it I think most altcoins are useless, deep pocket whale(s) running the game, like Ethereum, Dot, Cardano, or Link etc... in my book they are all useless, just scam platforms.
But hey this is crypto, the wild wild west of scam and winner take all.
I guessed this is why Bitcoin is safe heaven.

What you think of Litecoin, do you think its decentralised like bitcoin?

You think Eth 2.0 is centralized and what de-fi (decentralized finance), which de-fi coins are true decentralized?

Yes I do think Litecoin is more decentralized than the coins/security I'd mentioned but definitely Bitcoin is the most decentralized of all. I never had a chance to look into these de-fi pyramid scam craps.

[Miaallen]

XLM Lumen might have things in common with XRP but the reason for the recent price fall is different. The reason for the woe XRP is facing right now is as a result of its attack the the US Securities and Exchange Commission while that of the XLM might be as a result of just its market trends.

[very_452001]

Lets say Alt season starts next week every Alt is pumping over 100% but Ripple Xrp wasn't allowed to attend this alt party because of the SEC regulators case against ripple. Questions are:

- How long approx this SEC case against ripple will last?

- If the case takes too long meaning XRP has missed the alt season but have won the case, Can ripple sue SEC for missed alt season pumps?

- Is it possible for ripple to pump after ripple wins the case but alt season is finished?

[JeotQ]

Stellar is very identical to ripple and I believe that's why many developers don't see interest in stellar? Just my own guess though I may be wrong, I believe that the next altcoin season won't leave any altcoin behind, either stellar or ripple, if SEC involvement have big impact on Ripple it won't recover back to 0.22$

[ardentvolcanoes]

Stellar is very identical to ripple and I believe that's why many developers don't see interest in stellar? Just my own guess though I may be wrong, I believe that the next altcoin season won't leave any altcoin behind, either stellar or ripple, if SEC involvement have big impact on Ripple it won't recover back to 0.22$

It won't as the case being filed against the developers are really hurting the project, if they can clean it up and make things favorable

to their ends that's the only way they can recover from this problem and start to bring investors back to invest with the project again.