/biz/ - Business & Finance

>>10045572
>muhmutt
>living in a country that my country can take over in a day
lol

>>7023493
Whatsamatter little pajeet? I'm dumping all this solid information about my absolute shitcoin and you can't even answer a simple question like 'what the product is?'. Whew boy

>>6964936
What wall

>>6790764
Reddit spacing is a meme you fucking retard

>>6347995
I'll keep all my funds on the exchange

>>6269302
I honestly hate to say it you kids but, you are giving money to poor people right now. Now before you think thats FUD, understand what im about to say.

See, they released millions of Lumens across the world a year ago and those people are realizing they have $100, $500, $10000 free and are rushing to sell it on exchanges

that mixed with normies trying to BUY IN into the market.


Yeah you understand why we are still crashing m8's, no smart money is going to come until Feb after this sell off ends

>>6134949

>>5644395

Let me let you in on a tip. FairX (look it up) will be an exchange where any crypto can be converted to USD using the Stellar blockchain. Buy XLM and wait until January for the announcement

>psssst
/biz/ is not an influential force on the crypto market

>>5524739
>implying that tiny balance isn't there because I have nowhere to send it and need to buy XLM with BTC
>animeposting
fight me faggot

>>5504282
>tax plan that benefits us
>supreme court that benefits us
>out of the climate accord that benefits us
>btfo'ing UN that benefits us
>retards like you that fold the second they're asked about anything

“XLM is used to settle cleared transactions for FX. Fiat currency is buying XLM (and vice-versa) as part of FX transactions. It will work something like this: Person A, who has USD, wants to pay a farmer (Person B) in Fiji, who wants Fiji Dollars. Person A tells their institution to execute that transfer of value. The institution debits their USD account based on the quote from USD -> XLM -> FJD, and sends XLM to the recipient institution, who then chooses to hold their XLM for other transactions or immediately sell them to a market maker. This is the first step to creating a world where excess capital, in whatever denomination, can be used to invest in any other jurisdiction.”

“However, it doesn’t stop at FX only. The purpose is for a clearing ledger that not only clears FX transactions, but really, any transaction resulting in a transfer of value. So think cash for securities or t-bills for asset-backed assets. Any financial instrument can be used as ‘money’. IBM’s vision is to allow the legal, safe, compliant payment using any asset for any asset globally.”

“XLM is one of the assets on Stellar. It’s also used to ‘pay’ for transactions on the network. So XLM has 1) value and 2) utility. There will be other assets. So, for example, let’s say that a fictional island nation called Stellarisle has a central bank, and that central bank wants to issue currency assets on Stellar. In that case, Stellar is used, and XLM is used to power those transactions for those assets, even though XLM isn’t directly used as the settlement mechanism. It doesn’t matter if XLM is the settlement mechanism. Rather what really matters is 1) the safest settlement mechanism is used for two transacting parties, and 2) XLM is still used even as a utility.

https://emptybucket.co.uk/5-things-you-need-to-know-about-stellar-lumens-according-to-ibm/

>>5383267
Put your hands up you speghettified faggot

>>5326888
Holy fuck
>real estate blockchain
>trading houses in real time
>only cash out on the gains

>>5298572
>It's still a penny
How strong are your hands

>>5284656

It's free money

>>5236479
Feb? $1.50 based on nothing and no experience.