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11524869 No.11524869 [Reply] [Original]

https://medium.com/interstellar/starlight-payment-channels-on-stellar-3ff833c0d0ca

>> No.11524885

>>11524869

stellar is actually not a shitcoin, theyre actually getting shit done at at least..


moon when ?

>> No.11525042

Very close to selling my xlm and cardano. I’m tired of seeing other coins moon while these two do jack shit

>> No.11525068

>>11524869
>Such payments are thus private, instant, and free.

NANO and privacy coin shills on suicide watch

>> No.11525082

RSI is climbing, time to get in boys

>> No.11525134

>>11524869
hint:
hypothetically what could you do with this if such channels can be set up, transacted and closed via smart contract operations using the existing on chain environment?
less than 1% of biz understands what xlm really is

>> No.11525182

Oh, I thought LN didn't work and bitcoin was doomed? Shitcoiners are incredible.

>> No.11525248

>>11525182
ln is meaningless on a pure value transfer platform except as a means to increase transaction volume
on stellar its something else entirely
try answering my question to prove youre not a brainlet

>> No.11525251

>>11525134
Explain to us brainlets what it really is

>> No.11525260

>>11525134
Mobius is the missing piece

>> No.11525262

This coin is great and all that, but is no one concerned about the insane disparity between current supply and future total supply? I feel like they really, really fucked up the tokenomics on this one.

>> No.11525275

>>11525251
think about what links poc with swift was
link did that by creating a network to get off chain data on chain
what data was required
whats another way to get that data that is chain native?

>> No.11525281

>>11525262
heard the same argument over and over when this was $0.02

the tokens will be distributed over a period of 10 years and will ensure that utility and use is brought to the network

>> No.11525331

What anons here fail to realize is that the stellar network is built using the galactic standard. It's been made in preparation of the global announcement about aliens. Once Trump's space force is active and we "make contact for the first time" (the narrative that will be pushed), the world will only use one currency, and one that is compatible with other currencies in the universe. Expecting aliens to have to deal with a planet with multiple currencies is just retarded.

>> No.11525338

>>11525281
But how will that not tank the price of each individual coin? No other coin in the top 100 has such a low percentage of current supply/total supply as far as I can tell, unless maybe some mineable coin, which is obviously different.

If we assume total supply for all coins right now, XLM is #4. How much higher can it go? I'm just not seeing the upside if your goal is to beat just holding Bitcoin.

>> No.11525368

>>11525338
Meaning #4 by market cap, assuming total supply, if that wasn't clear. Great protocol and blah blah blah, but why should I buy this at this point when hundreds of other coins look like a better buy going forward?

>> No.11525400

>>11525338
like I said, the situation was the exact same when the price was $0.02

the supply has increased dramatically since then and the price has not tanked

SDF are not going to dump the entire supply on the market at once, they will release it gradually as they have been doing

current XLM holders are already aware of the outstanding supply so this fact is baked into the price. if there was no outstanding supply the XLM token would be much higher at this moment. so you could argue that the price suppression due to the outstanding supply is already there today, it's not going to suddenly happen in the future

>> No.11525470

>>11525400
it's kind of like when BNB does a token burn

why doesn't the coin pump like crazy when they do a burn? because holders are already aware that those coins will be destroyed, so the upside is baked into the price

with XLM it's the same, except the downside of adding to the supply is baked in

>> No.11525495

>>11525262
they bought fucking chain
think about the value they can add with that kind of warchest
do you think partners taking xlm for onboarding are going to be interested in crashing the price of xlm?

>> No.11525571

>>11525068
>private
lolwut Monero destroys this shit

>> No.11525596

>>11525571
>comparing a privacy coin to a network with elective ln
the absolute state

>> No.11525601
File: 8 KB, 278x181, 34636.jpg [View same] [iqdb] [saucenao] [google]
11525601

>>11525331
this

>> No.11525613

>”federated” chain
>consensus is basically the same as the federal reserve system
>no POW, no decentralization
>same utility as XRP
Tell me again why anyone would ever bother trusting their money with this centralized shitcoin?

>> No.11525665

>>11525613
Because it has a rocket instead of a fidget spinner.

>> No.11525725

>>11525613

See

>>11525331

Because it's going to be the only currency being used, or the E.Ts aren't going to want to work with us

>> No.11525728

>>11525613
dirt poor crypto moon kiddies wont use it
business and central banks who already use IBM will
you know, the rich adults who already run the world
get rekt faggot

>> No.11525734
File: 1004 KB, 1280x720, 1484724352678.png [View same] [iqdb] [saucenao] [google]
11525734

literally who cares

>> No.11525742

>>11525728
kek'd

not to mention Chain (Nasdaq, Citi, Visa)

>> No.11525907

your constant shilling does jackshit OP. you stupid fuck

>> No.11526059

>>11524869
https://developers.ripple.com/payment-channels.html
copy
paste
HOLY SHIT XLM NOW HAS PAYMENT CHANNELS THIS IS REVOLUTIONARY

>> No.11526186
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11526186

>>11525134

This.

Brainlets here still dont get how huge this gonna be.

I was Btc than Eth maximalist still like them but getting bullish on steallar as fuck

>>11525338

No.
It will promote usage..fucking biz...giving them to nigegrs is adoption... inflation is adoption...sdf giving free lumens to big projects like interstelar is adoption...

Whitout no adoption you get greater fool scheme or jsut pnd specualtive toy like bitcoin atm

You dont assume suply that will be delivered gradually over 10 years in calculateing todays price for fuck sake.

And decentralisation by mining is biggest meem of them all btw.

AND suply is priced in.

>>11526059

You cant be this dumb.

The absolute state...

>> No.11526210

>>11526186
lmao redditor
https://developers.ripple.com/use-payment-channels.html
keep coping xrp is years ahead of xlm

>> No.11526231

>>11525182
Jed is big on Bitcoin and it's tech, he has been in the game before most people dumb fuck. It's why why dropped xlm to BTC holders only

>> No.11526273

>>11525368
you shouldnt

>> No.11526302
File: 9 KB, 250x196, 1512470591518s.jpg [View same] [iqdb] [saucenao] [google]
11526302

>>11526210

Sweet baby jeasus you are dumb

Ripple is forprofit stelalr is nonprofit.
If you dont get why second is better for building infrastructure fuck it.

Jed made fucking ripple and left for same reason, xlm is xrp whit ability to tokenaze everything and smartcontracts.

Than again

>stelalr and ripple are software
>software can add functionality

SO it does not fucking matter just same as scallability debate -onec one solvs it msot of other projects solved it.

Now look what stelalr partners are building.
Now look how ripple have "bank partners" and what are they building.

This is why you play with lunch money you unable to critically think ape

>> No.11526316

>>11526059
that shitty paint-tier diagram

>> No.11526332

>>11525400
>current XLM holders are already aware of the outstanding supply so this fact is baked into the price.
Nigger, I'm holding this because it was less than a quarter on Circle. I am dumb money incarnate and there are tens of thousands like me.

>> No.11526341
File: 1.45 MB, 800x1147, 1514666830452.png [View same] [iqdb] [saucenao] [google]
11526341

>>11526332
based and redpilled

>> No.11526360

>>11526332
imagine all the dumb money jumping in when this goes live on coinbase

thanks just bought another 100k

>> No.11526432

>>11526186
It's priced in as in this is a 45 billion dollar project today?

>> No.11526450

>>11526302
>xlm is xrp whit ability to tokenaze everything and smartcontracts.
lol, xrp has the ability to tokenize everything too, and also has smart contracts, which are overhyped by stellar tards since xlm only handles very basic smart contracts
>If you dont get why second is better for building infrastructure fuck it.
yet xrp is years ahead in development, xlm devs just copy and paste, the coin itself is a copy and paste, it has no features that aren't already available on xrp
lmao all those typos, try to not hyperventilate, faggot

>> No.11526485

>>11526450
xrp does not have other tokens issued on the platform the same way that xlm does

also, xlm has not been a copy paste of ripple for years now. Jed decided to scrap it and start over because the code was so shitty

>> No.11526487
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11526487

>>11526450


>This is why you play with lunch money you unable to critically think ape

>Xrp is developing
>XLm got big boys building on it

>> No.11526574

>>11526432
let me ask you something, if stellar announced that they are burning the entirety of the outstanding supply TODAY, do you think the price would go up, down, or stay the same?

I think it would go up, because people are already expecting the supply to increase overtime. removing the outstanding supply would introduce a sudden shortage. this means the outstanding supply already has an impact on the price today

>It's priced in as in this is a 45 billion dollar project today?
no, but it could be in the future once everything is in circulation

>> No.11526598

>>11526485
>xrp does not have other tokens issued on the platform the same way that xlm does
lmao it absolutely does,
https://xrpcharts.ripple.com/#/trade-volume
there are many digital assets, most are not listed in that graph
and there are many gateways like
https://gatehub.net/gateways/fifth/

>> No.11526615

>>11526598
>Jed has 9 billion XRP to sell on XRP bag holders
>R3 has billions of XRP -- which Ripple is hiding from public -- because they folded outside of court and had to hand over billions more tokens

SO theres two people who want to sell BILLIONS of the XRP; at least 10% of its TOTAL supply

Why would anyone ever buy XRP?

https://www.ccn.com/ripple-r3-reach-settlement-in-multibillion-dollar-cryptocurrency-lawsuit/

>> No.11526617

>>11526598
those are anchors

where are the native tokens, like SLT, RMT, MOBI? why is no one launching projects on XRP?

I can buy these in the stellar DEX today already

>> No.11526642

>>11526574
>no, but it could be in the future
OK, so then it will be 45 cents in the future, when the full supply is in circulation. i.e. 45 billion dollar market cap. Why should I buy this today? Good for everyone who bought this a year ago, but right now it looks like an atrocious value proposition despite how great the protocol is and all that.

If I have a currency with 10 million of itself in circulation at 1 dollar, what happens to that currency when I then pour in 180 million more (that I, as a central power of authority, control) of it over the next decade?

>> No.11526644
File: 20 KB, 959x185, stellar token distribution 2.png [View same] [iqdb] [saucenao] [google]
11526644

>>11526615

>> No.11526654

>>11526644
>this level of cope
>ripple baby cant into comparisons
>those aren't private holders selling, its SDF for ecosystem dev
>ecosystem dev gets us interstellar, kelp, starlight, stellarx, and more underway

stay mad faggit

>> No.11526687

>>11526642
I hold it because the exponential network growth, with all the projects that are building on stellar, will far outweigh the price suppression of the outstanding supply

the reason FOR the outstanding supply is to promote that type of growth with partnerships and increased network utility

>> No.11526715

>>11524869
>You can now do the equivalent of buying prepaid gift cards in stores just like Lightning Network! WOW
AMAZING TECHNOLOGY

>> No.11526734

>>11526617
i don't remember what shitcoins are available in the xrp dex but there is one i got for free, ALV coin
>why is no one launching projects on XRP?
you not knowing doesn't mean isn't happening
>>11526654
the sdf holds 85.5 billion coins, what about the other 13.8 billion coins remaining?
why would you buy a shitcoin that has 96% of the supply locked in a few accounts?

>> No.11526790

>>11526734
>ALV coin

this shit isn't even on CMC.. are you kidding me

XLM has actual promising projects

>> No.11526827

>>11526654
>why would you buy a shitcoin that has 96% of the supply locked in a few accounts?
re-read this dumb nigger
>ecosystem dev gets us interstellar, kelp, starlight, stellarx, and more underway

XRP gets zero ecosystem development; just people with billions to marketsell on a whim plus lawsuits that have to fork over billions in coins

>> No.11526914

>>11526827
>XRP gets zero ecosystem development
yet it is more developed than stellar
>re-read this dumb nigger
lmao keep coping, you aren't fooling anyone
>non stellar foundation top 20 accounts holding xlm hold 13863418574 coins (73.77%) of the circulating supply

>the sdf holding 82% of the total supply and 20 non sdf wallets holding 73.77% on top of that
>XLM has actual promising projects
>pajeet coins launching on stellar and not on xrp
why im not surprised

>> No.11527237

>>11526302
this
you fucktards need to stop sperging out over tech
network usage and network effect is EVERYTHING
IBM is going to throatfuck every large/central bank with a tiny rocket dick
feelsgoodman

>> No.11527249

>>11526432
this is a zero dollar project today
just like everything else in crypto
if it works as intended it will provide a universal asset liquidity layer and the payment rails for most large value simple payments on earth
do you have any idea what a value proposition like that is worth?

>> No.11527256

>>11526210
LMAO

Came here just to see this. They marketed it as "lightning network" when really they were just copying payment channels that xrp implemented early 2017. Didn't even give the real creators any credit in the article.

>> No.11527257

Im literally shacking right now

>> No.11527317

>>11526914
XRP does not have smart contracts
XRP does not have ICOs launching on it as a platform
XRP has zero chance of being the launch platform for CDBCs
tell me how XRP is more developed than XLM

the absolute WORST part of XRP: it has ALREADY pitched its main use case to its main potential customers and they've passed
its like a car company saying theyre going to start building toasters because nobody is buying their cars
but dont worry, their network will still have value

COPE
O
P
E

Watching XRP die on the vine while you ripple fags go broke will be beautiful

>> No.11527337

>>11527317
XRP is more developed than XLM is the sense that XRP has many more lawsuits and many more people with billions of tokens are waiting to sell on dumb NPCs

https://cointelegraph.com/news/ripple-labs-and-r3-consortium-reach-settlement-in-xrp-token-litigation

Literally so dumb to hold tokens when the price has to sustain LITERALLY, BILLIONS of tokens sold. That is enough to clear the order books for months straight.

>> No.11527366

>>11525042
Stellar holdings weren’t synonymous with instant gratification for the time being, but you have some long-term potential like a fidelity partnership, visa, nasdaq, Coin base and the AUD relationship that will propel everything in the right direction.

Show me another viable token fit to facilitate the exchange of all other tokens besides the stable coins and certain forms of fiat.

They’re onto something big here, just not as soon as you want it.

>> No.11527382

>>11525331
Can we stop with this stupid pasta? You’re not helping anybody with your bullshit.

>> No.11527395

Im crying here, my ties


Anons assrapeing this xrp shill poorfag

>> No.11527399

>>11527366
>Show me another viable token fit to facilitate the exchange of all other tokens besides the stable coins and certain forms of fiat.

Indeed; and I think this is why supply needs to be very high and what it needs to be expanding

>> No.11527403

>>11527317
>XRP does not have smart contracts
Neither does xlm.

>XRP does not have ICOs launching on it as a platform
I sure hope not. Eth has the shitcoin generation covered.

>XRP has zero chance of being the launch platform for CDBCs
Never happening. Central banks won't do more than experiment. It's completely useless to create a fiat backed token. A public blockchain is not needed or desirable to transaction in fiat using existing nostro/vostro accounts and the correspondent banking system. Ripplenet can handle both without the drawbacks of a traditional blockchain. Hell, Swift's GPI has a better chance of success.

>tell me how XRP is more developed than XLM
Have you really not noticed that every new feature on xlm is a mirror image of what's done on xrp? They've copied everything down to invariant checking. It just takes a couple years for the features to be implement. Up next per the article is integrating with Interledger. Hmmm...I wonder who has already done that?

>> No.11527414

>>11525042

Shit coins = jack shit

Shit = shit

Sell

>> No.11527428

>>11527403
So much wrong here its not even worth engaging. Lund has 100% confirmed CBDCs and public blockchain is very useful not only for bank transactions (transparency dumb fuck) as well as stellar's point: digitizing / trading every asset in the world.

>> No.11527445

>>11527428
>i can't argue agaisnt this
>"So much wrong here its not even worth engaging"

>> No.11527448

>>11527366
You may see action sooner than you think
These state channels werent developed for anyone other than large institutions wanting to transfer value
When they are an option on the network youll see increasing number of XLMs "locked up" in these channels
When the next iteration allows multi-party ln youll see more
The market usually catches on a month or two late to these things, so maybe late jan to early march there will be price action as people catch on what this really is
one of two things is going to drive the next bullrun: smartcontract hype or live usage of high volume high frequency payment rails
since you cant buy hyperledger, owning link and xlm is as good as you can do to cover the space
comfy
as
fuck

>> No.11527476

>>11527428
You're delusional if you think banks are actually going to open up their process like that. A few may trial it because of IBM and all the blockchain hype, but I guarantee that's all.

Digitizing and trading everything is stupid as fuck. Ever heard of counterparty risk? On the other hand, maybe I could screw some brainlets over by selling them 0.01 of my concert tickets.

>> No.11527538

>>11527403
>XRP does not have smart contracts
>Neither does xlm.
XLM has a touring incomplete smart contract set with a limited attack surface


>XRP does not have ICOs launching on it as a platform
>I sure hope not. Eth has the shitcoin generation covered.
You think having people uninterested in developing on XRP is a good thing?

>XRP has zero chance of being the launch platform for CDBCs
>Never happening. Central banks won't do more than experiment. It's completely useless to create a fiat backed token. A public blockchain is not needed or desirable to transaction in fiat using existing nostro/vostro accounts and the correspondent banking system. Ripplenet can handle both without the drawbacks of a traditional blockchain. Hell, Swift's GPI has a better chance of success.
You must be retarded. Both the leaked IBM deck and Jesse lund have confirmed plans for CBDCs on stellar

>tell me how XRP is more developed than XLM
>Have you really not noticed that every new feature on xlm is a mirror image of what's done on xrp? They've copied everything down to invariant checking. It just takes a couple years for the features to be implement. Up next per the article is integrating with Interledger. Hmmm...I wonder who has already done that?

Literally none of the above is true. XRP has no codeable value transfer. XRPs ENTIRE use case is contained within XLM
And XLM has better partners
And XLM has IBM
and XLM has chain

Are you seriously this retarded or do you just not read?

>> No.11527541

>>11527448
Why is November/March always when the exciting shit happens in crypto?

I’m looking forward to mass adoption. banks don’t live and die on their own money, you have to have a system everyone can use to send/receive currency.

>> No.11527566

>>11527538
XLM has interstellar, not just chain.
I’m anxious to find out what type of cheese the moon is made out of and I’ll bring red and white wine so we’re covered on both ends. You strapped in?

>> No.11527571

>>11527538
I love how angry xrp holders get in xlm threads. they are so emotinally tied to their shit project that they refuse to look at any progress that xlm makes

>> No.11527589

>>11527476
>You're delusional if you think banks are actually going to open up their process like that.
Thats what starlight is for, sweetie.

>Digitizing and trading everything is stupid as fuck
Indeed, humans have not been in the process of digitizing everything we care about. Nope. Not a chance!

>> No.11527687

>>11527538
>XLM has a touring incomplete smart contract set with a limited attack surface
It's very dishonest to market multisig as "smart contracts". Just like their copy of xrp's payment channels was sold as "lightning network".

>You think having people uninterested in developing on XRP is a good thing?
They aren't uninterested. You probably just don't know where to look. As an example, the xrptipbot app was just released on Google Play and Apple today. Developed completely independent of Ripple. Ever heard of Coil or Omni?

>You must be retarded. Both the leaked IBM deck and Jesse lund have confirmed plans for CBDCs on stellar
I'm sure he was light on the details to keep your hopes up.

>XRP has no codeable value transfer.
What are you referring to here with xlm? XRP has multisig, escrow, checks....

>XRPs ENTIRE use case is contained within XLM
BECAUSE IT WAS A COPY OF XRP YOU FUCKING MORON

>Are you seriously this retarded or do you just not read?
Why did Jed copy/paste XRP to get started? Why are they slowly implementing all new xrp features? Why has stellar's use case shifted to become identical to Ripple's?

>> No.11527729

>>11527589
>Thats what starlight is for, sweetie.
Even PayChan transactions have to be settled at some point. I would recommend they choose a less childish name, although it suits the xlm community.

>Indeed, humans have not been in the process of digitizing everything we care about. Nope. Not a chance!
The only thing you can trade on ledger are obligations that have to be redeemed IRL. It's only as useful as the issuer is trustworthy.

>> No.11527755

>>11527729
cope.txt

>> No.11527762

>>11527687

>XLM has a touring incomplete smart contract set with a limited attack surface
>It's very dishonest to market multisig as "smart contracts". Just like their copy of xrp's payment channels was sold as "lightning network".
Baldfaced lie and you know it, look up the operations contained within the protocol


>You think having people uninterested in developing on XRP is a good thing?
>They aren't uninterested. You probably just don't know where to look. As an example, the xrptipbot app was just released on Google Play and Apple today. Developed completely independent of Ripple. Ever heard of Coil or Omni?
Is this a fucking joke? a tip bot? again, are you completely retarded? Nobody smart cares about your failed coin, that's why nobody is interested in developing on it

>You must be retarded. Both the leaked IBM deck and Jesse lund have confirmed plans for CBDCs on stellar
>I'm sure he was light on the details to keep your hopes up.
This is completely illogical...you're saying that IBM is participating in a pump and dump?

>XRP has no codeable value transfer.
>What are you referring to here with xlm? XRP has multisig, escrow, checks....
I'm talking about all the options above, which you clearly havent read about and are just parroting retard XRP fag talking points that have no basis in reality

>XRPs ENTIRE use case is contained within XLM
>BECAUSE IT WAS A COPY OF XRP YOU FUCKING MORON
Calm down there sport, just breathe as your failed project dies (and no, XLM is a completely new code base, this is years old fud)

>Are you seriously this retarded or do you just not read?
>Why did Jed copy/paste XRP to get started? Why are they slowly implementing all new xrp features? Why has stellar's use case shifted to become identical to Ripple's?
XRP usecase: value transfer for banks
after 4 years NO BANKS USE XRP TO TRANSFER VALUE
XLM usecase: ICO platform, simple smart contracts, CBDCs, IBM worldwire
All of which are actually happening in the real world

>> No.11527776

>>11527762
woah, no need to get all emotional

>> No.11527949

>>11527776
thank you for an enjoyable discussion

>> No.11527987

>>11527949
Don’t be a bitch.

>> No.11528018

>>11527987
grace in victory is the mark of one used to winning
you should try it

>> No.11528047
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11528047

>>11527987

>> No.11528116

>>11528018
lol how about you answer to this instead of dodging it
>>11526914

>> No.11528176

>>11525331
Lmao competing with linkies for most delusisonal

>> No.11528251

Only 40k XLM(some bought very recent), should I kill my self now or later when it moons to 1$?

>> No.11528257

>>11528251
let me get your private key if you choose now

>> No.11528368

>>11528116
I already have
the SDF has thus far used that warchest for one thing: to purchase chain
This purchase hasn't diluted the price of XLM and has been widely regarded as a great move to get XLM as a B2B payment rail
If you think SDF is going to start making bad moves after making so many good ones, you're flat out dumb

>> No.11528460
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11528460

>>11528368
>99 billion locked coins yet to be released
>not going to dilute the price of XLM
>73.77% of the coins in circulation are distributed between 20 non exchange wallets
just admit it is a really bad distribution and the sdf has failed miserably to distribute the coins fairly which is one of their main purposes

>> No.11528491
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11528491

>>11528460
>just admit it is a really bad distribution and the sdf has failed miserably to distribute the coins fairly which is one of their main purposes
holy fuck this is retarded.
sdf distributes coins for ecosystem development; you are literally, LITERALLY posting in a thread that is about ecosystem development and the result from sdf investment

second, stellar does not suffer from two big issues:
1) The ripple owner doesnt own 0.09% of total XLM supply to sell -- Jed has 9 BILLION
2) Stellar hasnt forked over billions in XRP in out-of-court lawsuit settlements

Just 1 and 2 alone sounds like gigantic failure to distribute/use coins properly and a recipe for fucking over the buyer -- which is one of their main purposes. Why would anyone with a brain buy XRP given 1 and 2?

>> No.11528498

>>11528460
Re-read my post
if you have any real refutation state it

>> No.11528576

>>11528491
Jed had* 9 BILLION
i said
73.77% of the circulating supply is owned by the top 20 non sdf wallets also not exchanges
but you keep mentioning the sdf to try to cover up this fact
>"oh, no, anon those coins are to be distributed by the sdf"
WRONG
just look at the volume, most coins aren't even distributed and it will dilute the fuck out of the price as soon as they get released

>> No.11528605

>>11528576
they are either SDF or interstellar holdings dumb kike; stellarx has a fuck ton alone which is why trading is 100% free

>> No.11528606

>>11528576
You understand having informed high value investors view your asset as a long term hold is a good thing, right?
Those same people have made the decision to trust SDF with the development of the XLM ecosystem
I happen to be one of them

>> No.11528667

>>11528606
ripple jews literally have no argument; there is a reason there are zero XRP threads on biz and why they flock to XLM threads to cope post