Stellar

[penzes]

offer update I pay you

1$ btc / 1k Stellars
pm if interested

If you look in the official forum you will find the actual rate;
people are buying 5000 stellars for 50$, so it's 10$ for 1000 STR 

little bit high

[1714154528]

1714154528

[dbshck]

how much total stella coins?

192,836,500
stellars given away

100,076,310,226
Total stellars

source: https://www.stellar.org/stats/

[Amph]

offer update I pay you

1$ btc / 1k Stellars
pm if interested

If you look in the official forum you will find the actual rate;
people are buying 5000 stellars for 50$, so it's 10$ for 1000 STR 

little bit high

you think so? because i know you want to sell them at not less than that price

funny not?

[penzes]

offer update I pay you

1$ btc / 1k Stellars
pm if interested

If you look in the official forum you will find the actual rate;
people are buying 5000 stellars for 50$, so it's 10$ for 1000 STR 

little bit high

you think so? because i know you want to sell them at not less than that price

funny not?

i think high... so not funny... i could sell it that price...

[ShroomsKit_Disgrace]

where is the so-called "official" forum?

I want to get rid of my stellars as soon as possible!!! 

[profitofthegods]

where is the so-called "official" forum?

I want to get rid of my stellars as soon as possible!!! 

The official forum is http://forum.stellar.org but you might be better off selling them for BTC on an exchange like http://justcoin.com

[hypostatization]

Why is stellar selling so high? there are billions of coins

Speculation driven by people who do not understand Stellar and have not researched Jed McCaleb.

Stellar is not much more than a fork of Ripple, lifted to relevance via disingenuous marketing. Check the commit history. Although Stellar is trying to position itself as an anti-Ripple, it really just seems to be a classic Jed McCaleb fuck-everyone-else venture. 2% of all STR were already given to a non-crypto payments provider, founder allocations exist, and Jed has gone hostile on the grassroots Ripple community. It is a money grab.

Jed is brilliant at identifying unregulated and legally ambiguous areas to setup shop, then escaping before the fallout hits. I will give him that. Anyone involved with him is walking collateral damage.

Here is a classic Jed quote on Bitcoin (2011 I think):

I can’t believe one of these guys with 100k+ coins (which there are several I’m sure) hasn’t decided ‘you know what, I could use half a million dollars,’ and cash out. The market is so thin that only one can do it. So after that the price will smacked way the hell back down. It is like a game of chicken to see who will bolt first.

Stellar community warning: Jed threatened the Ripple grassroots community with that exact scenario. Users responded, sold in a panic, and some ended up losing a lot of money. Leaked communications suggest he was making explicit fire sale threats at a board level. Scum: not responding to questions from the community, prefacing his impending sale threat announcement with gratuitous mention of his charitable givings, and then coming back to try to pull users to his super-secret-does-not-actually-have-anything-to-do-with-bitcoin-project after presenting them with his Ripple doomsday scenario.

Jed did not create the underlying community focused Ripple vision. Credit is due to Ryan Fugger, whose name appears nowhere on stellar.org. Likewise, the vast majority of code was not authored by Jed---check the commit history. Check his forum activity to get an idea of the depth of his previous community involvement, and then compare it to someone who has actually worked on making Ripple and its community a success like David Schwartz.

Love privacy? Well then make sure to sign up for Stellar using your Facebook account!

[XCASH]

i signed up through facebook for this. Are they giving out stella if you have bitcoin in an account ? how will this work ?

I think they said they will take a "snapshot" of the blockchain and bitcoin holders will be able to claim by signing from an address that held bitcoin. Or something like that...

I heard something like that, but I think you cannot claim your bitcoin holder stellars until six months after stellar launch.

[hypostatization]

i signed up through facebook for this. Are they giving out stella if you have bitcoin in an account ? how will this work ?

I think they said they will take a "snapshot" of the blockchain and bitcoin holders will be able to claim by signing from an address that held bitcoin. Or something like that...

I heard something like that, but I think you cannot claim your bitcoin holder stellars until six months after stellar launch.

I guess it makes sense that it will take that long. Stellar is having enough trouble keeping the network operational. Getting all of this running is no small undertaking, since Jed now has to learn the code base. They should see if they can contract Ripple Labs for consulting services. Maybe Jed could use some of his founder STR to fund that initiative.

[jackyrozario]

It looks like very similar with virtapay.

[HostFat]

Maybe Jed could use some of his founder STR to fund that initiative.

This time it seems that he hasn't any "founder" STR, the Stellar Foundation has 5% of them anyway ...

[atoni]

Stellar foundation will have more and more. 1% inflation voting is made so that you need to get 1,5% of all coins voted for your wallet to even enter a chance to get some, all votes that dont get that go to foundation so foundation is basically getting 20 million XRP a week.

It seems its a lot more for profit then Ripple Labs.

[hypostatization]

Maybe Jed could use some of his founder STR to fund that initiative.

This time it seems that he hasn't any "founder" STR, the Stellar Foundation has 5% of them anyway ...

stellar.org disagrees with you:

In order to provide additional stability to the system, the nonprofit founders and Stripe have voluntarily agreed not sell any of the stellars initially received (either via employee grants in the case of the founders or via repayment of the loan) for at least five years

Do not trust me.

I caution everyone to carefully research Stellar before exposing yourself to the magnitude of financial loss and legal hazard that Jed is setting you up for (I am sure OFAC is already salivating over the Facebook promotion).

[atoni]

I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.

That and the fact that its family run business with 20 million str going straight to his girlfriend each week.

[kencoles]

Can anyone answer this?


Total stellars  =  100,076,310,226   but still it is trading in high price.  Average = 0.00000190  to 0.00000405. Why?

[atoni]

Because they only released 200 million so far. They still hold 99,8 billion that is about to get dumped when its released.

[hypostatization]

I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.

That and the fact that its family run business with 20 million str going straight to his girlfriend each week.

Legal risk is AML/KYC related. Bitcoin and Ripple support anonymous usage. Stellar supports anonymous usage, since it is a fork of Ripple, but the current Stellar sign up process ties your an account to an identity (via your Facebook account). Crypto is a grey area. As with distributed file sharing, the risk is distributed to end users.

Government regulators, in some ways, are like the RIAA in this landscape. With distributed file sharing, it is the end users that are targeted for legal action. It is not coincidence Jed moved on from eDonkey to crypto, and I doubt it is a coincidence that Jed is making the initial set of users more easily identifiable for prosecution.

I agree on the integrity of Jed and Stellar funneling money back into his pockets.

[atoni]

Nah, there is no such legal reason. Almost all BTC holders are known too if they even once used fiat to buy or sell btc through exchange since they all have kyc/aml procedures.

Yeah, its his personal enrichment scheme. Not his but his family as he and his girlfriend are head of everything.

[hypostatization]

Can anyone answer this?


Total stellars  =  100,076,310,226   but still it is trading in high price.  Average = 0.00000190  to 0.00000405. Why?

Speculators and people who have not researched Jed McCaleb.

See here.

Stellar seems like an innovative community focused system... until you take a brief peak under the hood and look at its history.

[atoni]

Stellar is fork of Ripple. No innovation here. But they do have good marketing though. Ripple is brilliant tech, so far 10 million light years ahead of any crypto. We will see if they manage to lift it with such marketing.

Problem is that its personal enrichment scheme and that they dont do anything except copy/paste what Ripple labs does. Also they are funded by financial institution while their marketing is to be anti bank which is also shallow.