[ANN][XLM] Stellar - Decentralized trading platform - page 16.

NathanJB

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Quote from: rendravolt on November 08, 2019, 04:13:52 AM

Quote from: NathanJB on November 08, 2019, 04:04:26 AM

Quote from: rendravolt on November 08, 2019, 03:48:18 AM

Quote from: mich on November 07, 2019, 01:43:28 PM

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

Is it true that 55 billion were burned? This is very beneficial for lumen holders, prices will definitely continue to rise towards the end of the year, I can't wait for that.

As I have clearly stated in my post, the Stellar Lumens team burned a total of 55 billion XLM tokens. If you take a look at the information of the Stellar project in coinmarketcap, the total supply indicated there is already 50 billion. The total circulating supply does not anymore appear tiny compared to the total supply. The current circulating supply is almost 50% or half of the total supply. But I doubt the token burning will cause a consistent pump until the end of the year. That is too long an effect of the burning.

For more info.
https://cointelegraph.com/news/stellar-burns-over-55-billion-tokens-worth-47-billion-usd
https://cointelegraph.com/news/will-stellars-55-billion-xlm-burn-trigger-a-new-bull-cycle
https://beincrypto.com/stellar-development-foundation-burns-55-billion-xlm-coins-reveals-new-strategy/

rendravolt

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Activity: 2156

Merit: 521

Quote from: NathanJB on November 08, 2019, 04:04:26 AM

Quote from: rendravolt on November 08, 2019, 03:48:18 AM

Quote from: mich on November 07, 2019, 01:43:28 PM

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

Is it true that 55 billion were burned? This is very beneficial for lumen holders, prices will definitely continue to rise towards the end of the year, I can't wait for that.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: rendravolt on November 08, 2019, 03:48:18 AM

Quote from: mich on November 07, 2019, 01:43:28 PM

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

Yeah. Stellar Lumens (XLM) indeed rose from around 743 Sats to around 900 Sats. That was not yesterday though. I think it happened last November, 5 2019. That was a high percentage pump turnout after the development team announced that the project has successfully burned a total of 55 billion XLM. That was a big news to all supporters of XLM. That must have caused massive buying. But then it has slowly went down ever since that pump.

rendravolt

hero member

Activity: 2156

Merit: 521

Quote from: mich on November 07, 2019, 01:43:28 PM

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

Apparently yesterday there was a big pump? I do not know because the notification in my application does not sound, I am very disappointed to know this.

notblox1

legendary

Activity: 2086

Merit: 1282

Logo Designer ⛨ BSFL Division1

I wonder why Stellar burned only all community coins, and none of their own developer fund coins?
Calculated move that is not decentralized at all

Piston Honda

legendary

Activity: 2730

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Juicin' crypto

lol maaaan

XLM still around

XLM always been useless shitcoin

burns a shit ton but not from public...

XLM still a shitcoin

lmao

lonesomestranger

full member

Activity: 770

Merit: 112

SDF's Next Steps

November 4th 2019, in Mexico City, the Stellar ecosystem--a diverse family of entrepreneurs, developers, innovators, thinkers, and builders--is gathered in person for the first time. With so many of us here, Meridian is the perfect setting for a long-overdue update on Stellar’s giveaway programs and to announce a new mandate for the Stellar Development Foundation.

Check it out: https://www.stellar.org/blog/sdfs-next-steps/

mich

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#1 VIP Crypto Casino

Stellar Lumens (XLM) to Post Another 37 Percent Gain after Recent Pump, Crypto Trader Says

A crypto trader expects XLM to grow another 37 percent before it hits resistance, while the community is heatedly discussing the recent token burn
https://u.today/stellar-lumens-xlm-to-post-another-37-percent-gain-after-recent-pump-crypto-trader-says

nelson4lov

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Top Crypto Casino

Quote from: dishku on November 07, 2019, 12:32:57 PM

Quote from: nelson4lov on November 06, 2019, 08:15:21 AM

Quote from: vesper188 on November 06, 2019, 07:36:46 AM

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

There are so many factors who decide the future direction of any market no doubt that is really great decision to burn the coins and reduce the supply. I also very bullish on XLM because of its great concept and hard wrok of the team surely it will make this more valuable in coming days.

Definitely. Like I said before, limited supply can play an integral role in the positive price direction of a coin and XLM team just went down that route. Don't forget XLM had previously been airdropping millions of stellar lumens. So you'll agree with me that they've burnt most, if not all or equivalent of those tokens that were airdropped via blockchain, Binance and the rest of them.

dishku

legendary

Activity: 1918

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Quote from: nelson4lov on November 06, 2019, 08:15:21 AM

Quote from: vesper188 on November 06, 2019, 07:36:46 AM

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

There are so many factors who decide the future direction of any market no doubt that is really great decision to burn the coins and reduce the supply. I also very bullish on XLM because of its great concept and hard wrok of the team surely it will make this more valuable in coming days.

rendravolt

hero member

Activity: 2156

Merit: 521

Quote from: PilotofBTC on November 06, 2019, 02:34:16 PM

Quote from: nelson4lov on November 06, 2019, 08:15:21 AM

Quote from: vesper188 on November 06, 2019, 07:36:46 AM

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

Both the burn and the removal of inflation certainly make a better value. Hopefully, the price will start reflecting it. The usability of the Stellar blockchain is excellent given the speed, support for anchors, colored coins, etc.

That's right, Lumen has been very helpful for moving the economy, besides being safe and fast, Lumen is a long-term choice.

MarquiseMuseum

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Activity: 744

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www.MarquiseMuseum.com

waves functionality with pywaves is better in my opinion I have tried XCP, ETH, XLM and Waves and waves is the best by far in user friendliness and I thinkk most small business will choose the easiest and fastest interface for their "stock" crypto:

http://dev.pywaves.org/assets/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB

Stellar is valued to several billions, Waves value is below $100 million. Both have potential to capture $250 billion each from 1-10% of global retail market ($20trillion) within 5 years.

Those 2 is the best decentralized bet for investors in the 2020's merchant parabola, because no one except government can obtain 100% centralized "NASDAQ Dollars", maybe only after government migrate trillion dollar budget so everyone else must buy high. Fiat will be phased out with index coin stock migrations, there will not be a "fiat collapse" to profit from

PilotofBTC

legendary

Activity: 1736

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Quote from: nelson4lov on November 06, 2019, 08:15:21 AM

Quote from: vesper188 on November 06, 2019, 07:36:46 AM

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

Both the burn and the removal of inflation certainly make a better value. Hopefully, the price will start reflecting it. The usability of the Stellar blockchain is excellent given the speed, support for anchors, colored coins, etc.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

Quote from: template on November 05, 2019, 07:43:28 AM

http://cryptonews.tel/the-stellar-foundation-has-burned-over-50-of-the-total-xlm-token-supply-canceling-airdrop-programs

I think the airdrop for keybase might be the last airdrop from Stellar Foundation or maybe there are other airdrops in the future, I still see many people complaining about airdrop distribution to blockchain users and others, I think the news they will burn the supply will attract attention and encourage traders to buy XLM

Quote from: mich on November 05, 2019, 01:35:28 PM

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

they are no different and do look like they have connections, because they are not mined like other altcoins, the system they use is the same to activate the wallet for example Grin

nelson4lov

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Top Crypto Casino

Quote from: vesper188 on November 06, 2019, 07:36:46 AM

Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

vesper188

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Do you think we can expect 0.2-0.3 in next year ?

rendravolt

hero member

Activity: 2156

Merit: 521

Quote from: AlloM on November 05, 2019, 12:48:33 PM

Quote from: template on November 05, 2019, 07:43:28 AM

http://cryptonews.tel/the-stellar-foundation-has-burned-over-50-of-the-total-xlm-token-supply-canceling-airdrop-programs

This will put wonderful impact on the price of this coin it will lead this towards the moon. This is the golden chance to buy more on current price to make huge profit in future.

It has been months since XLM has not increased significantly, hopefully the question will be answered at the end of the year.

tbct_mt2

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Activity: 2366

Merit: 838

Quote from: mich on November 05, 2019, 01:35:28 PM

Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/

Personally, I like price manipulation that is necessary for market variations. As long as traders and investors can use their own-built set of criteria to make good decisions to enter and exit market, they will be able to take advantage of price manipulations to earn profits for their portfolios.

All markets have manipulations, stocks, gold, and cryptocurrency market is not the only exception from financial games.

monsanto

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..like bright metal on a sullen ground.

Quote from: ?? on ??

Quote from: monsanto on June 10, 2017, 12:17:09 PM

Quote from: ?? on ??

Quote from: monsanto on June 10, 2017, 11:35:49 AM

Quote from: Roidz on June 10, 2017, 04:01:05 AM

i think the market already anticipated the giveaway Wink

i think that on the giveaway we will see a nice spike up.

And there's always the chance that someday they may change their minds, and decide to burn large chunks of coins instead of continuing free distribution. That'd be one way they could massively increase market cap anyway Wink

Lol. What a ridiculous idea. Never going to happen and that's a good thing.

Funny how many "Never going to happen" end up happening in crypto. Such a ridiculous idea yet coins change their distribution plans all the time Roll Eyes

I guess you don't really understand what stellar is all about.

https://www.coindesk.com/stellars-foundation-just-destroyed-half-the-supply-of-its-lumens-cryptocurrency

mich

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#1 VIP Crypto Casino

Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?

https://www.newsbtc.com/2019/11/05/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation/

Topic: [ANN][XLM] Stellar - Decentralized trading platform - page 16. (Read 243388 times)