Stellar

[xCryptoManiaX]

It's old news, but just for your information:

http://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/


As part of the settlement, McCaleb has sold his equity in Ripple, and has agreed to sale controls on 5.3bn XRP owned by him and his children. An additional 2bn XRP will be donated to an as-yet-undisclosed charitable fund.

The sale controls are tied to daily volume in XRP markets. For the first year, according to Ripple, McCaleb will be unable to sell more than 0.5% of average daily volume "for each day of the week, including weekends and holidays".

During the second and third years of the agreement, this amount grows to 0.75%, while it accounts for 1.0% in the fourth year. Beyond the fourth year, the amount is set to 1.5%.



The current price of of Ripple is 40 cents. Do I have to count out for you how rich the founder of Stellar is?

Does that makes Jed a billionaire?

That makes family Jed multibillionaires atm... not bad . Let's forget that he probably also gave himself a fair share of Lumens .

I dont know who's the big shot in crypto now... Vitalik or Jed. I think it's Jed.

Jeff McCaleb will probally buy 2 billion dollars worth of lumens and lock them down.
A much better strategy then ripple !  

I think it's very possible Jed is dumping Ripple daily as it goes up and pumping it back into Stellar because he believes 1) improved on ripple with Stellar 2) believes Stellar is worth more 3) making those billions worth potentially 10s of billions? Either way, we're going to have a wild ride up!

[Stell]

Exactly, If he offers a buy back plus a lockdown were going inter-stellar.

Once a buy back is announced. The market will factor in what the new price will be.

It definitely will be a wild ride up 🚀

https://i.imgur.com/X3fTeWC.jpg

[Geenstijl]

In case you would like to reward me for doing this small investigation

https://steemit.com/altcoin/@moneyfornothing/jed-mccaleb-richer-than-satoshi

Please share.

tnx.

[miokirapaic]

Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?

[Stell]

1st, There is only 9.5 billion on the market right now. Ripple has 39billion in circulation, and has a price of 40 cents. So from now until June XLM can rise more then ripple. XLM can go to sixty cents on any big news.

2nd, Jeff McCaleb is competing with ripple. In order to compete and maintain the strategic vision of ripple he will have to lockdown the remaining supply or about 65billion in stellar.

3rd, He will most likely buy back XLM. Why would he do this because it would attract investors from ripple into Stellar increasing the price and Market cap of Stellar possibly beyond ripples. Bringing him to number #2 next to Ripple, and once he does this he's on the cover of Forbes.

4th, It doesn't make sense for anyone to sell XLM to receive Bitcoin and then XLM because what you receive is a very small amount of XLM.

5th If any announcement comes out that hes locking down XLM or buying back XLM this thing goes interstellar. 🚀🚀🚀🚀

It has to be done to ensure the vision of the company.

[derekis126]

It's old news, but just for your information:

http://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/


As part of the settlement, McCaleb has sold his equity in Ripple, and has agreed to sale controls on 5.3bn XRP owned by him and his children. An additional 2bn XRP will be donated to an as-yet-undisclosed charitable fund.

The sale controls are tied to daily volume in XRP markets. For the first year, according to Ripple, McCaleb will be unable to sell more than 0.5% of average daily volume "for each day of the week, including weekends and holidays".

During the second and third years of the agreement, this amount grows to 0.75%, while it accounts for 1.0% in the fourth year. Beyond the fourth year, the amount is set to 1.5%.



The current price of of Ripple is 40 cents. Do I have to count out for you how rich the founder of Stellar is?

Does that makes Jed a billionaire?

That makes family Jed multibillionaires atm... not bad . Let's forget that he probably also gave himself a fair share of Lumens .

I dont know who's the big shot in crypto now... Vitalik or Jed. I think it's Jed.

Dude, he's richer than Satoshi.

All this suckers pumping XRP and Jed dumping on them, what a sweet deal, only in bitcoinland...

Hmm, XLM will be better than XRP, because XLM helps poor people in developing countries.

[Stell]

It's old news, but just for your information:

http://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds/


As part of the settlement, McCaleb has sold his equity in Ripple, and has agreed to sale controls on 5.3bn XRP owned by him and his children. An additional 2bn XRP will be donated to an as-yet-undisclosed charitable fund.

The sale controls are tied to daily volume in XRP markets. For the first year, according to Ripple, McCaleb will be unable to sell more than 0.5% of average daily volume "for each day of the week, including weekends and holidays".

During the second and third years of the agreement, this amount grows to 0.75%, while it accounts for 1.0% in the fourth year. Beyond the fourth year, the amount is set to 1.5%.



The current price of of Ripple is 40 cents. Do I have to count out for you how rich the founder of Stellar is?

Does that makes Jed a billionaire?

That makes family Jed multibillionaires atm... not bad . Let's forget that he probably also gave himself a fair share of Lumens .

I dont know who's the big shot in crypto now... Vitalik or Jed. I think it's Jed.

Dude, he's richer than Satoshi.

All this suckers pumping XRP and Jed dumping on them, what a sweet deal, only in bitcoinland...

Hmm, XLM will be better than XRP, because XLM helps poor people in developing countries.

1st, There is only 9.5 billion on the market right now. Ripple has 39billion in circulation, and has a price of 40 cents. So from now until June XLM can rise more then ripple. XLM can go to sixty cents on any big news.

2nd, Jeff McCaleb is competing with ripple. In order to compete and maintain the strategic vision of ripple he will have to lockdown the remaining supply or about 65billion in stellar.

3rd, He will most likely buy back XLM. Why would he do this because it would attract investors from ripple into Stellar increasing the price and Market cap of Stellar possibly beyond ripples. Bringing him to number #2 next to Ripple, and once he does this he's on the cover of Forbes.

4th, It doesn't make sense for anyone to sell XLM to receive Bitcoin and then XLM because what you receive is a very small amount of XLM.

5th If any announcement comes out that hes locking down XLM or buying back XLM this thing goes interstellar. 🚀🚀🚀🚀

He has to make short term adjustments to to ensure the long term vision of the company.

[san2ok]

Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?

NO, financial inclusion will need XLM DISTRIBUTION, not everybody dump their coin
more distribution = more user = more hype to the XLM = value book a seat at another moon

also i would like to inform everyone,
IF YOU INTERESTED in potentially FREE 500 XLM ? ($26USD),
then check this out https://www.mystellar.org/thread-1676.html

[Stell]

The Conversation is on reddit !

 

Read the Article.

http://www.nasdaq.com/article/stellars-global-payment-platform-lightyear-launches-from-stealth-cm788023

It says they have had interest from from partners in the Asia Pacific region and major Indian multinational banks.

Here's a link about the Indian multinational bank ICICI.

Maybe they will announce information in the next few months about the actual use of the coin in India.

https://en.m.wikipedia.org/wiki/ICICI_Bank

ICICI is the 2nd largest bank in India in terms of Market Capitalization.

Watch the video

https://m.youtube.com/watch?v=uv_IadWJtmQ

[Fundamentals Of]

Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?

NO, financial inclusion will need XLM DISTRIBUTION, not everybody dump their coin
more distribution = more user = more hype to the XLM = value book a seat at another moon

also i would like to inform everyone,
IF YOU INTERESTED in potentially FREE 500 XLM ? ($26USD),
then check this out https://www.mystellar.org/thread-1676.html

People who's gt knowledge and understanding of Stellar's goal will never dump those free XLM and would even buy more. Why dump cheap when in the future it will be worth at multiple price? Only bounty hunters with no clue will dump stellar. Tbh I want some dumps to happen so I can buy more next month.

[remcoswienink]

STR will be on consensus 2017 or not?

[lmnhfx]

New XLMs distribution from stellar to Bitcoins holders:

https://www.stellar.org/blog/bitcoin-claim-lumens-2/?utm_content=buffere2a0a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

STR IS SO DEAD

stellar coin is not die
volume transaction is still good, until now volume trasaction stellar coin over 2000bitcoin/day, over 2 million dollar every day
in today last 24 hour volume transaction 2300 bitcoin

i just shorted 4mil of this coin

whyd you do that Smiley Little early for it hey

[minime0105]

Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?

Maybe just FOMO Effect due to the Hype, but this additional volume of STR that will be available in the market will definitely move the price down, for supply (volume) and demand correction.

[xCryptoManiaX]

Can someone explain to me why everybody here think price of stellar is going up?
Now is almost 10 billion coins and in future will be 100 billion(you ll be giving up 16 billion coins to BTC owners) doesnt this mean price ll go down because in one day you ll have 150% coins more on market?

Maybe just FOMO Effect due to the Hype, but this additional volume of STR that will be available in the market will definitely move the price down, for supply (volume) and demand correction.

That's assuming a lot -- that there's no additional demand which seems to be increasing. And that the same amount of money is going to stay the same in crypto, which there's a ton of new money flowing in daily. The next bitcoin giveaway won't have as much effect as many people think. There's a nice discussion on reddit about the giveaway https://www.reddit.com/r/Stellar/comments/6bhu05/everything_you_need_to_know_about_the_stellar/.

[Stell]

https://www.tradingview.com/chart/STRBTC/xjVS0hkI-STELLAR-BTC/

🚀

[CryptoManiacHen]

Has anyone sent Stellar from their personal wallet (Stargazer, etc) to poloniex without putting the memo ID?  I did that by mistake and it's not showing up in Polo.

[shakeelayubpk]

Is XLM and STR same ?

[samysamy1]

Is XLM and STR same ?

That's also what I want to know.

[samysamy1]

Are you guys on telegram?
I'm new to Stellar.

[ShroomsKit_Disgrace]

What a huge bulltrap we just had! :O