Topic: [ANN][XLM] Stellar - Decentralized trading platform - page 5. (Read 243388 times)

XLM and XRP are exactly the same technology. There's no logic that one is the "security" and other is not. XRP guys will cry foul if XLM is not delisted as XRP, and they will right.

The only hope for the stellar is that SEC does not come after them as they are also a "Security". If the stellar survives this (which i think is difficult), then we can see a big pump in its prices in alt season but on the other hand XLM will be RIP after XRP.

Indeed, today the stellar figures are not encouraging and show another price cut. But you also need to take into account that almost the entire 2020 until November, Stellar did not please its holders with good indicators and the price was less than 8 cents. But since November, we have seen another rally and the rate rose to $ 0.21, although today we are again seeing $ 0.12. I agree that the value of the platform primarily depends on the work of the team, but also on the overall performance of the cryptocurrency market. I hope there will be a very strong trend for the altcoin season from the New Year.

I hope your analysis about Stellar are right but at this moment stellar looks very weak and everyone is dumping XLM. The team should come up with some announcement to regain the trust of the holders. I don't know how far this dumping will go 

I think that in the near future we will see a lot of stellar news, as well as about new projects that are quite promising and will move the stellar platform to a higher level. This year, in November, the Stellar Development Foundation conference was held within the framework of Meridian, where the participants of the discussion voted to support the following projects: InTrip, Meza, Pagas, BlockBill - which will use the Stellar platform. In addition, one must take into account the fact that most of the supported projects are focused on the countries of Asia, Africa and India.

People are selling stellar as there is a lot of fud in the market. I will suggest not to buy the dip but if you are holding stellar then do not sell it. One good news can pump it again. We should always think about the risk and rewards ratio when we invest in altcoins.

i was also very tempted to buy it cheap, seeing the high supply made me worry too about the price dump, i saw this tweet it made me stop thinking about buying it
https://twitter.com/maxkeiser/status/1343689869139259409

But sec is only after the XRP at the moment and the price will recover fast if sec give way out to ripple as well. Stellar price is so much down and i am tempted to buy some for nice profits in the near future. Although there is risk also in this investment.

It has to happen because Stellar and Ripple are clones, if one is categorized as security so will the other.

It might be related to SEC law suit against Ripple, people expect the same to, eventually, happen with Stellar.

Why is the price so much dumping for the stellar ? All the large caps coins are pumping to some extent but stellar is dumping fast.
Is there any reason for this severe dump as i am holding bag for XLM 

There was an earlier one IIRC, I wish Bitcointalk.to was still up.

Yep, this is only thread on this forum so that I also following this one. But the team is not active there on regular basis to share the updates so only community members are sharing the latest news in this topic but rarely. Twitter is the best medium to follow them and get latest news and updates.

I think this is the original thread.  This is the announcement thread posted on Coinmarketcap.  Is there anything else?

Where is the original thread for this?

New update:

by Martin Young: Stellar expands reach in Latin America with $3M investment in Settle Network


17-12-2020 from Cointelegraph

 The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider.
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Stellar expands reach in Latin America with $3M investment in Settle Network
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The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region.

It marks the fourth investment this year from the SDF enterprise fund, bringing the total to more than $9.2 million in 2020. The fund is a venture-style trust for growing the Stellar network and developing partnerships for cross-border payments. It has previously invested in Abra and SatoshiPay.

The investment of around $3 million will be paid in lumens (XLM) and help bolster Settle’s current suite of payment tools which include fiat to crypto onramps, payment processing, and merchant gateways. The platform was built using the Stellar network so it is a good fit for investment.

The network also offers a suite of products called Settle X that enables compliant interoperability between local currencies and digital assets. Included in that is a platform called Stable X enabling the trading and swapping of stablecoins, which have surged in demand and supply in 2020.

The Argentinian based Settle Network was established in 2018 and has a strong foothold in Latin America due to its fiat-to-crypto capabilities. Stable X targets markets in Argentina and Brazil with an Argentine peso stablecoin called ARST and a Brazilian real based BRLT. These can be used to hedge against inflation with its USDX dollar pegged stablecoin.

CEO and Executive Director of the Stellar Development Foundation, Denelle Dixon, said that;

    “The Settle Network is delivering on the vision and mission of Stellar, putting blockchain technology and access to finance into the hands of people that need it,”

Pablo Orlando, CEO of Settle Network, said there is no better partner for the firm than the SDF, which matches their core values:

    “When we started Settle, we chose to build on Stellar because its technology is designed for global interoperability and that has enabled us to create a thriving stablecoin business in LATAM and expand our product offering to launch the world’s first stablecoin exchange and stablecoin gateway, StableX,”

Earlier this month, a Euro stablecoin was launched on Stellar by one of Europe’s oldest banks, Germany’s Bankhaus von der Heydt, (BVDH).

Stellar’s native cross-border token, XLM, has surged over the past 24 hours adding almost 16% to close in on $0.20. The eleventh largest cryptocurrency by market capitalization hit a 2020, and two year high, of $0.223 on November 25 following a protocol upgrade.

I missed the last news on stellar and generally missed the coin, although I had previously stored a decent amount in it, oh, it's a pity, right now it's already scary to jump on the outgoing train after such a price increase

XLM is in my portfolio as long term investment I like the community behind it and that is the reason I also will do agree with you it has bright future. Current spike showing that is still in good demand and community love to support this. Nice article thanks for sharing it.

Here:

https://stellar.expert/explorer/public/asset?order=asc&search=GBHAQ252S4Z4AQOM4BWIRC3UHAOJIKCZQBUJGD336YH2O7W2NKRXMHA5&sort=created

What have you heard about the Microsoft partnership? This information was actively disseminated several years ago .... How correct is this information?