Author

Topic: Stellar - page 116. (Read 521248 times)

sr. member
Activity: 462
Merit: 250
August 05, 2014, 12:11:03 AM
Well people is getting molested because the queue of "tomorrow you will receive the stellars" never comes to reality, and also in just 3 days the giveaway come from 5k to 2 k and some guys are getting now only 1 k or 500..
very poor management.. thats why the price cant go below 150 k
staff
Activity: 4256
Merit: 1208
I support freedom of choice
August 05, 2014, 12:07:15 AM
hero member
Activity: 840
Merit: 524
Yes!
August 04, 2014, 11:18:05 PM
AFAIK they said they would cover operating expenses by selling coins but how's that any different from a non-profit charity where the owner can write themselves any salary (even in the millions) they want?  It's not.  Just using the term "non-profit" is enough to set red flags about their intentions.  Non-profit in the United States in the majority of cases is a way to get around taxation obligations and has nothing to do with actual charity.
So what's the matter?
I'm sure that they like money, so they will try to get the highest price to sell less Stellars as they can.

It's like saying that this will be a "5 years open source scam", and they will be doing only "marketing" and nothing else for all this time.

It seems quite difficult to me, but anyway, the cryptocurrency world is always new Grin


Just to remember that Jed could simply maintain his XRP stack (that was higher than his Stellar stack), and waiting for the spread of Ripple in the world just by standing on his sofà.
Is he prefering to risk all his XRPs for opening a new risky scam?  Roll Eyes

So sure it can be a big failure, but not a scam.

I think he already dump all his xrp by the time he launched stellar.

https://bitcointalksearch.org/topic/breaking-jed-has-decided-to-dump-his-billions-of-ripples-xrp-thoughts-620550
http://crypt.la/2014/06/08/ripple-co-founder-jed-mccaleb-begun-ripple-firesale/

I don't think there's enough volume to dump the amount of coins he had in Ripple.  Regardless, he made millions off Ripple and he'll be making millions off stellar.  He's definitely a snake oil salesmen of crypto currencies.  "Come and look and try my stellar!  Oh and did I mention it was 'free'?!"


He could have sold most of it privately. He started selling in May that is enough time to sell all his ripples.
legendary
Activity: 1330
Merit: 1000
Bitcoin
August 04, 2014, 11:15:37 PM
This is much easier then Ripple. Ripple is clunky.
You can find me on stellar  under  ID: stellardonations          Grin

Comparison: Ripple Vs. Stellar
hero member
Activity: 756
Merit: 506
August 04, 2014, 11:05:21 PM
AFAIK they said they would cover operating expenses by selling coins but how's that any different from a non-profit charity where the owner can write themselves any salary (even in the millions) they want?  It's not.  Just using the term "non-profit" is enough to set red flags about their intentions.  Non-profit in the United States in the majority of cases is a way to get around taxation obligations and has nothing to do with actual charity.
So what's the matter?
I'm sure that they like money, so they will try to get the highest price to sell less Stellars as they can.

It's like saying that this will be a "5 years open source scam", and they will be doing only "marketing" and nothing else for all this time.

It seems quite difficult to me, but anyway, the cryptocurrency world is always new Grin


Just to remember that Jed could simply maintain his XRP stack (that was higher than his Stellar stack), and waiting for the spread of Ripple in the world just by standing on his sofà.
Is he prefering to risk all his XRPs for opening a new risky scam?  Roll Eyes

So sure it can be a big failure, but not a scam.

I think he already dump all his xrp by the time he launched stellar.

https://bitcointalksearch.org/topic/breaking-jed-has-decided-to-dump-his-billions-of-ripples-xrp-thoughts-620550
http://crypt.la/2014/06/08/ripple-co-founder-jed-mccaleb-begun-ripple-firesale/

I don't think there's enough volume to dump the amount of coins he had in Ripple.  Regardless, he made millions off Ripple and he'll be making millions off stellar.  He's definitely a snake oil salesmen of crypto currencies.  "Come and look and try my stellar!  Oh and did I mention it was 'free'?!"



newbie
Activity: 49
Merit: 0
August 04, 2014, 10:56:21 PM
who can send me some stellar,thanks.  https://launch.stellar.org; ID:wangxin
hero member
Activity: 840
Merit: 524
Yes!
August 04, 2014, 10:52:56 PM
AFAIK they said they would cover operating expenses by selling coins but how's that any different from a non-profit charity where the owner can write themselves any salary (even in the millions) they want?  It's not.  Just using the term "non-profit" is enough to set red flags about their intentions.  Non-profit in the United States in the majority of cases is a way to get around taxation obligations and has nothing to do with actual charity.
So what's the matter?
I'm sure that they like money, so they will try to get the highest price to sell less Stellars as they can.

It's like saying that this will be a "5 years open source scam", and they will be doing only "marketing" and nothing else for all this time.

It seems quite difficult to me, but anyway, the cryptocurrency world is always new Grin


Just to remember that Jed could simply maintain his XRP stack (that was higher than his Stellar stack), and waiting for the spread of Ripple in the world just by standing on his sofà.
Is he prefering to risk all his XRPs for opening a new risky scam?  Roll Eyes

So sure it can be a big failure, but not a scam.

I think he already dump all his xrp by the time he launched stellar.

https://bitcointalksearch.org/topic/breaking-jed-has-decided-to-dump-his-billions-of-ripples-xrp-thoughts-620550
http://crypt.la/2014/06/08/ripple-co-founder-jed-mccaleb-begun-ripple-firesale/
newbie
Activity: 49
Merit: 0
August 04, 2014, 10:43:04 PM
It's too difficult to get free stellar.
staff
Activity: 4256
Merit: 1208
I support freedom of choice
August 04, 2014, 10:41:26 PM
AFAIK they said they would cover operating expenses by selling coins but how's that any different from a non-profit charity where the owner can write themselves any salary (even in the millions) they want?  It's not.  Just using the term "non-profit" is enough to set red flags about their intentions.  Non-profit in the United States in the majority of cases is a way to get around taxation obligations and has nothing to do with actual charity.
So what's the matter?
I'm sure that they like money, so they will try to get the highest price to sell less Stellars as they can.

It's like saying that this will be a "5 years open source scam", and they will be doing only "marketing" and nothing else for all this time.

It seems quite difficult to me, but anyway, the cryptocurrency world is always new Grin


Just to remember that Jed could simply maintain his XRP stack (that was higher than his Stellar stack), and waiting for the spread of Ripple in the world just by standing on his sofà.
Is he prefering to risk all his XRPs for opening a new risky scam?  Roll Eyes

So sure it can be a big failure, but not a scam.
hero member
Activity: 756
Merit: 506
August 04, 2014, 10:33:19 PM
They say on the mandate that they aren't going to sell them for the next 5 year. (if they will)


Because that's set in stone.  As well Stripe wouldn't want to get its' ROI until 5 years down the line.

AFAIK they said they would cover operating expenses by selling coins but how's that any different from a non-profit charity where the owner can write themselves any salary (even in the millions) they want?  It's not.  Just using the term "non-profit" is enough to set red flags about their intentions.  Non-profit in the United States in the majority of cases is a way to get around taxation obligations and has nothing to do with actual charity.

staff
Activity: 4256
Merit: 1208
I support freedom of choice
August 04, 2014, 10:22:36 PM
They say on the mandate that they aren't going to sell them for the next 5 year. (if they will)
hero member
Activity: 756
Merit: 506
August 04, 2014, 10:19:54 PM
So you are suggesting that buying Stellars now is a good investment? Smiley
You seem pretty sure...

I do not think it is a good investment now. I would wait for the distributions to be done and market to stabilize before buying.

Distribution won't be done for years..  remember they said they wanted to distribute to millions!

The issue in buying now is that supply is severely limited while in months it may not be (plus Stellar and Stripe will be dumping their coins at some point).
hero member
Activity: 639
Merit: 500
August 04, 2014, 10:15:42 PM
So you are suggesting that buying Stellars now is a good investment? Smiley
You seem pretty sure...

I do not think it is a good investment now. I would wait for the distributions to be done and market to stabilize before buying.
staff
Activity: 4256
Merit: 1208
I support freedom of choice
August 04, 2014, 10:13:37 PM
So are you suggesting that buying Stellars now is a good investment? Smiley
You seem pretty sure...
hero member
Activity: 756
Merit: 506
August 04, 2014, 10:06:13 PM
TaunSew is right.
Even Bitcoin is the biggest scam, look at Satoshi.
He worked just for 1 year, and he left with more than 1m of Bitcoin!

Everything's scam! Roll Eyes

Satoshi did not have retrospective knowledge that Bitcoin would someday be worth $10 billion.  While Stellar has always been in the business to make money for themselves (in before you claim "non-profit" that's just a taxation loophole).   A 5% spending premine and locking up another 94% is a huge premine.
staff
Activity: 4256
Merit: 1208
I support freedom of choice
August 04, 2014, 10:02:06 PM
TaunSew is right.
Even Bitcoin is the biggest scam, look at Satoshi.
He worked just for 1 year, and he left with more than 1m of Bitcoin!

Everything's scam! Roll Eyes
hero member
Activity: 756
Merit: 506
August 04, 2014, 09:56:14 PM
(1)Now you're running in circles.  (2)This coin is supposed to be accessible and promoted to millions of people, (3)but now you are clearly reinforcing what we all know about crypto currencies in that it's a sapio interest.

(1)No. (2)Yes. (3)?

Stellar thinks it can somehow do better than Bitcoin in educating millions of people to use crypto currencies but I haven't seen any proof of it yet.  They're not embarking on an expensive education campaign - they just want to get in and get out with their money, simple.

Well, I didn't claim they'd be doing better than Bitcoin or any other cryptocurrency at all. All I did was to emphasise its wide-scale promotion, as well as its interesting team, that's it.

Sapio just means this is still a very niche thing and its' only appealing to a small obscure population around the world.  Bitcoins' capitalization is still smaller than something like dropbox, for instance.

I don't see it with this stellar.  Ripple has been in the money transfer business since 2004 and this some kind of weird divorce w/ ex members.

I think the whole giving $10 out to each person in the wrong way to go at it.  The speculation money train between 2009 to 2013 is what made Bitcoin popular with its' 1 to 2 million users. 
hero member
Activity: 798
Merit: 500
August 04, 2014, 09:50:15 PM
(1)Now you're running in circles.  (2)This coin is supposed to be accessible and promoted to millions of people, (3)but now you are clearly reinforcing what we all know about crypto currencies in that it's a sapio interest.

(1)No. (2)Yes. (3)? (we were talking offtopic about knowing or not knowing MIT), other than that I agree: cryptocurrency, in the larger scheme of things, is a topic pretty much unknown to the general public and I don't see this changing for a long time if at all.

Stellar thinks it can somehow do better than Bitcoin in educating millions of people to use crypto currencies but I haven't seen any proof of it yet.  They're not embarking on an expensive education campaign - they just want to get in and get out with their money, simple.

Well, I didn't claim they'd be doing better than Bitcoin or any other cryptocurrency. All I did was to emphasise its obvious wide-scale promotion, as well as its interesting team, that's it. Whether it can do well or not is another story.
hero member
Activity: 756
Merit: 506
August 04, 2014, 09:43:46 PM
Never heard of Slide and Square.  Paypal was worth nothing until Ebay bought them out.  LinkedIn.. isn't that just a resume website?

Worse of all you're still assuming that the mainstream public cares about any of the above.  Paypal and Linkedin could get some attention from certain people but the rest are unknowns.


I am not assuming anyone knows any of the above, you made that up. I said it's an interesting team, which is undeniable (=> power structures).

Seems like Stellar is your new obsession after your NXT rampage, eh? Keep it cool TaunSew.

P.S. Slide and Square are interesting companies when it comes to electronic payment services. Not sure why you haven't heard of them.

MIT media who?
That one was a joke, was it?


By the way - I can't know everything about the money transfer industry because there's thousands of companies (if not tens of thousands) in that game now.  Plenty of parasites who are just looking to convince people to throw money at their products or services.

MIT = Massachusetts Institute of Technology

and pretty much common knowledge.

I doubt it's that common knowledge.  Bitcointalk is an international forum.  I'm not from the American east coast so why would I know any universities there?  Average person in France, Germany or Australia wouldn't even recognize MIT in a public conversation (as in not allowed to cheat to use the Google machine to find out what it is).


I'm German and it is common knowledge here indeed -- if you are educated, that is.


Now you're running in circles.  This coin is supposed to be accessible and promoted to millions of people, but now you are clearly reinforcing what we all know about crypto currencies in that it's a sapio interest.

Stellar thinks it can somehow do better than Bitcoin in educating millions of people to use crypto currencies but I haven't seen any proof of it yet.  They're not embarking on an expensive education campaign - they just want to get in and get out with their money, simple.

hero member
Activity: 798
Merit: 500
August 04, 2014, 09:40:06 PM
Never heard of Slide and Square.  Paypal was worth nothing until Ebay bought them out.  LinkedIn.. isn't that just a resume website?

Worse of all you're still assuming that the mainstream public cares about any of the above.  Paypal and Linkedin could get some attention from certain people but the rest are unknowns.


I am not assuming anyone knows any of the above, you made that up. I said it's an interesting team, which is undeniable (=> power structures).

Seems like Stellar is your new obsession after your NXT rampage, eh? Keep it cool TaunSew.

P.S. Slide and Square are interesting companies when it comes to electronic payment services. Not sure why you haven't heard of them.

MIT media who?
That one was a joke, was it?


By the way - I can't know everything about the money transfer industry because there's thousands of companies (if not tens of thousands) in that game now.  Plenty of parasites who are just looking to convince people to throw money at their products or services.

MIT = Massachusetts Institute of Technology

and pretty much common knowledge.

I doubt it's that common knowledge.  Bitcointalk is an international forum.  I'm not from the American east coast so why would I know any universities there?  Average person in France, Germany or Australia wouldn't even recognize MIT in a public conversation (as in not allowed to cheat to use the Google machine to find out what it is).


I'm German and it is common knowledge here indeed -- if you are educated, that is.

But TaunSew, this thread is not about what you know and what not, is it? Back to topic Wink
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