Topic: [ANN][XLM] Stellar - Decentralized trading platform - page 30. (Read 243560 times)

I don't think that is main reason why this coin is not showing his rally even some bullish news already on the board. The whole market is under huge pressure when BTC will get a stable floor than all promising markets will start recovering.

But then we are waiting for the next jump like in January 2018))) to collect X again

The only reason it goes down its because they are giving away 125M worth of XLM coins to blockchain.info users and via coinbase earn program.

Majority of all participants are just dumping their XLM and it brings down the price from .15 to 0.099 at today's price. Once all this airdrop and free money giveaway is over we can expect it to go back to .15 price level once again.

So I looked at the price increase a year ago and thought about the price at $ 0.12 and regretted that I did not purchase it at $ 0.08, and now I look and I think that I bought nothing at 0.075 because the summer is ahead and the price goes down to $ 0.02- $ 0.03

I don't think altcoins will rise in short term, most of them are in Red recent days. Furthermore, even bitcoin really breaks $6000 or $6200, they will hit its spikes there and drop back, then altcoins will drop deeper. Now, it is time to wait to invest in cheaper altcoins next several days. Patience is key to earn money from cheap altcoins now. Don't miss it.

Well Bitcoin very close to reach $6,000 and BTC could cross the line $6k today, tomorrow or next week.
Stellar and other top cryptocurrencies following uptrend and we are seeing massive gains in crypto market in short time.
If prices will move down again then I will grab some Stellar, other crypto.
https://theoofy.com/19661/stellar-lumens-xlm-coin-is-so-close-the-biggest-next-cryptocurrency-bull-run-gains-xlm-news-today-fri-may-03/

That is big question mark if they could sell our data on dark web but I didn't hear any kind of example before a big company like that made any kind of attempt to do this. But it depend on the person if he is not satisfied than better stay away.

Many of those who require KYC  are  very careless about its safety  with the result that personal data  are sold as good on dark web. I'm preferring to avoid any KYC.

It is safe to do KYC on blockchain., but I don't agree with you that eventually all crypto exchanges will ask their customers to do KYCs to be verified and be able to use their platforms. If it happens, I believe that we might see big changes, people always figure out adaptional ways. So, if KYCs required on all crypto exchanges, decentralized & centralized, we might see the third type of crypto exchange, like non-KYC exchanges.

Well the airdrop was done on a reputable platform blockchain.com which already proven themselves in the crypto community so most people don't have problem verifying their identity and get rewarded on it,. Its a choice and sooner or later exchanges will require KYC for everyone.

Maybe they don't feel confident that they can earn money from trading, or they even don't trade. They probably like to hold. So, when they need money for their livelihood, they join such promotions that require KYCs to claim coins and get money. That's personal choice so we should not argue with them about their decisions. They have rights to make decisions for their identities, and they can do anything they allowed to get money from promos.

Agreed with you they are not forcing everybody to pass this process it's optional who want to become eligible for that $25 promo. If someone don't want to take this gift than he have so many choices available to trade this on various exchanges without performing KYC.

my personal views are KYC should be mandatory for exchange usage and ICO participation only, there should be no need of KYC for wallets because if some one have funds in the wallets then he needs exchange for convert their fund in to fiat money or fiat to crypto so exchange KYC is enough for track everything of that person, am i right?

I completely agree. Basically I avoid KYC procedures as much as possible. Only did them when it was completely necessary. Be certain that 99,99% of the documents submited have already been leaked and are up for sale. Don't do KYC to get airdrops guys. First of all there are persons that hold a large number of documents and personal info, that abuse the KYC procedures of any project doing airdrops. You think these companies don't know that scammers abuse their procedures with stolen KYC documents? Of course they do but they don't care. You think blockchain.com hasn't made already a few of these scammers rich? Of course they did. They just don't care about that. They want to fish the rest out and make a large database with information about you. A large database of people asking for free money. Where is blockchain.com based? Luxembourg. The heart of the EU. So it is obvious the EU wants your information stored in their database. They want to categorize their citizens that use cryptocurrencies for their own reasons. My guess they find the technology a possible threat to the shady business the EU is overun with. With blockchain it is harder to cover the tracks of all the big money they move overseas, to Panama,Caymans and off-shore accounts. Centralized banking is used for this and their EU base is Luxembourg.

KYC is not that tough and worth it 25$, its a good way to make crypto regulate because they will know then which wallet belongs to who.
by my point of view there should a one website or company who will do kyc and other companies who needs kyc should touch with them and the problem of doing kyc in every project again and again separately will solve

Yeah same here.
If you do KYC over there anyway still worth it but i am too lazy and i dont use coinbase anyway.
So no need to expose myself for nothing over there.

Lol I just logged in my coinbase account and saw the airdrop thing of stellar. I did confirmed my email and filled other information only to see there's still one step to verify my account uploading my documents and selfie. So I just skipped the process. After reading other comment above they were airdropping $25 worth XLM. 

I have a verified account in coinbase even before the Coinbase earn page was launch, So its a no big deal for me since its basically a free money As for the blockchain.info airdrop i took the gamble and finish their KYC to get the free $25 XLM,. Both platform are highly trusted so i got no reason to refuse their KYC to receive free gas money

Attractive as it is because it is one of top coins.

Read your email, maybe something is wrong with your ID.

No one knows the reason why blockchain.com chose them.

If you have been rejected then they will send you an email to your registered email account. So, you should check your email and fulfil their requirement to be approved.