Topic: Stellar - page 128. (Read 521267 times)
Need to add the https://bx.in.th/BTC/STR/ market data
Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better.I dont know, to me its worse that they put in code that 1% goes to Jeds girlfriend. Its just marketing that anyone can get any part of it since its impossible to get so many votes.
Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
It's a currency with 1% of inflation, so it isn't good for holding anyway, Bitcoin is still better. I am not sure if it calculates correctly. Its market cap should be around 100 million USD not 4 million.
I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders?
Last time he split up with Ripple Labs he immediatelly took entire community for hostage with threat to sell all his XRP (and then not following through with it at all). So yeah, if they break up I would say Stellar holders are in deep sh.it.
stella price data is now on cryptocoincharts
http://www.cryptocoincharts.info/v2/coins/show/str
http://www.cryptocoincharts.info/v2/coins/show/str
I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
What if Jed splits up with his girlfriend? Will that affect Stellar in any way, as they are both big holders?
Stellar is fork of Ripple. No innovation here. But they do have good marketing though. Ripple is brilliant tech, so far 10 million light years ahead of any crypto. We will see if they manage to lift it with such marketing.
Problem is that its personal enrichment scheme and that they dont do anything except copy/paste what Ripple labs does. Also they are funded by financial institution while their marketing is to be anti bank which is also shallow.
Problem is that its personal enrichment scheme and that they dont do anything except copy/paste what Ripple labs does. Also they are funded by financial institution while their marketing is to be anti bank which is also shallow.
Can anyone answer this?
Total stellars = 100,076,310,226 but still it is trading in high price. Average = 0.00000190 to 0.00000405. Why?
Total stellars = 100,076,310,226 but still it is trading in high price. Average = 0.00000190 to 0.00000405. Why?
Speculators and people who have not researched Jed McCaleb.
See here.
Stellar seems like an innovative community focused system... until you take a brief peak under the hood and look at its history.
Nah, there is no such legal reason. Almost all BTC holders are known too if they even once used fiat to buy or sell btc through exchange since they all have kyc/aml procedures.
Yeah, its his personal enrichment scheme. Not his but his family as he and his girlfriend are head of everything.
Yeah, its his personal enrichment scheme. Not his but his family as he and his girlfriend are head of everything.
I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
Legal risk is AML/KYC related. Bitcoin and Ripple support anonymous usage. Stellar supports anonymous usage, since it is a fork of Ripple, but the current Stellar sign up process ties your an account to an identity (via your Facebook account). Crypto is a grey area. As with distributed file sharing, the risk is distributed to end users.
Government regulators, in some ways, are like the RIAA in this landscape. With distributed file sharing, it is the end users that are targeted for legal action. It is not coincidence Jed moved on from eDonkey to crypto, and I doubt it is a coincidence that Jed is making the initial set of users more easily identifiable for prosecution.
I agree on the integrity of Jed and Stellar funneling money back into his pockets.
Because they only released 200 million so far. They still hold 99,8 billion that is about to get dumped when its released.
Can anyone answer this?
Total stellars = 100,076,310,226 but still it is trading in high price. Average = 0.00000190 to 0.00000405. Why?
Total stellars = 100,076,310,226 but still it is trading in high price. Average = 0.00000190 to 0.00000405. Why?
I dont think there is legal risks. Biggest risk is Jed as he has shown to Ripple community how much he cares about communities.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
That and the fact that its family run business with 20 million str going straight to his girlfriend each week.
Maybe Jed could use some of his founder STR to fund that initiative.
This time it seems that he hasn't any "founder" STR, the Stellar Foundation has 5% of them anyway ...stellar.org disagrees with you:
Quote
In order to provide additional stability to the system, the nonprofit founders and Stripe have voluntarily agreed not sell any of the stellars initially received (either via employee grants in the case of the founders or via repayment of the loan) for at least five years
Do not trust me.
I caution everyone to carefully research Stellar before exposing yourself to the magnitude of financial loss and legal hazard that Jed is setting you up for (I am sure OFAC is already salivating over the Facebook promotion).
Stellar foundation will have more and more. 1% inflation voting is made so that you need to get 1,5% of all coins voted for your wallet to even enter a chance to get some, all votes that dont get that go to foundation so foundation is basically getting 20 million XRP a week.
It seems its a lot more for profit then Ripple Labs.
It seems its a lot more for profit then Ripple Labs.
Maybe Jed could use some of his founder STR to fund that initiative.
This time it seems that he hasn't any "founder" STR, the Stellar Foundation has 5% of them anyway ...
It looks like very similar with virtapay.
i signed up through facebook for this. Are they giving out stella if you have bitcoin in an account ? how will this work ?
I think they said they will take a "snapshot" of the blockchain and bitcoin holders will be able to claim by signing from an address that held bitcoin. Or something like that...
I heard something like that, but I think you cannot claim your bitcoin holder stellars until six months after stellar launch.
I guess it makes sense that it will take that long. Stellar is having enough trouble keeping the network operational. Getting all of this running is no small undertaking, since Jed now has to learn the code base. They should see if they can contract Ripple Labs for consulting services. Maybe Jed could use some of his founder STR to fund that initiative.
i signed up through facebook for this. Are they giving out stella if you have bitcoin in an account ? how will this work ?
I think they said they will take a "snapshot" of the blockchain and bitcoin holders will be able to claim by signing from an address that held bitcoin. Or something like that...
I heard something like that, but I think you cannot claim your bitcoin holder stellars until six months after stellar launch.
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