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Topic: Stellar - page 68. (Read 521267 times)

sr. member
Activity: 350
Merit: 250
September 04, 2014, 07:20:22 AM
Any update from the dev?

He is probably busy unloading his share on the market.

Stellar Foundation does not need to use bots, as they have the ability to control Inflation and have minted all the STR. 1% inflation occurs annually. Newly created STR are distributed according to votes from individual accounts. However, since votes are weighted according to the number of STR an account holds---and the SDF controls at least 5% of all STR---they can continually mint new money:

Quote
If the Foundation is the beneficiary of new stellars, the stellars can be used to support our operations or to extend the direct signup and increased access programs.

excerpt from the mandate

I am thinking that this must be a test run and that the SDF plans to reset the ledger so that bots/hackers/scammers will not control the future of the network?
hero member
Activity: 639
Merit: 500
September 04, 2014, 07:13:37 AM
Any update from the dev?

He is probably busy unloading his share on the market.
legendary
Activity: 1036
Merit: 1000
September 04, 2014, 07:08:23 AM
Any update from the dev?
sr. member
Activity: 350
Merit: 250
September 04, 2014, 06:59:38 AM
Does anyone know why the Stellar Foundation is not blocking bots from participating in the giveaway?

I am not sure how they can recover from all of the distribution issues at this point.

Is a ledger reset in the works?
member
Activity: 112
Merit: 10
Whatever you do, take care of your shoes.
September 04, 2014, 02:48:07 AM
My guess is to either sell now or when the mass amount of invite codes go out. The price might rise when they go out, then will definitely go down once everyone starts to dump their stellar. Can't tell me that all those people with fake facebook accounts don't have a bunch sitting around just for this.
staff
Activity: 4270
Merit: 1209
I support freedom of choice
September 03, 2014, 09:17:18 PM
Is this an official release of desktop client from stellar foundation ? If so, where is the link to their announcement ? How do we know that it's safe to use ?
No it's not.
It's a community client.
Source code: https://github.com/pollen23/stargazer
sr. member
Activity: 434
Merit: 250
"The mass of men lead lives of quiet desperation."
September 03, 2014, 06:30:19 PM
I sold most but still hold %25
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
September 03, 2014, 04:57:38 PM
Distribution was supposed to set Stellar apart, ...
If so, that's a comically absurd plan. You can't distribute value until you create it.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
September 03, 2014, 04:52:56 PM
Desktop client Smiley

OSX and Windows

http://getstargazer.com/

Can someone get this in a virtual machine and post a virus scan please?
sr. member
Activity: 364
Merit: 256
September 03, 2014, 04:19:24 PM
Desktop client Smiley

OSX and Windows

http://getstargazer.com/

Is this an official release of desktop client from stellar foundation ? If so, where is the link to their announcement ? How do we know that it's safe to use ?
staff
Activity: 4270
Merit: 1209
I support freedom of choice
September 03, 2014, 03:25:35 PM
Desktop client Smiley

OSX and Windows

http://getstargazer.com/
full member
Activity: 139
Merit: 100
September 02, 2014, 02:19:24 PM
The price is sinking: too much inflationary. Cry

Yes it doesnt stop falling.. and they will release the multi currency platform until late september..
member
Activity: 70
Merit: 10
September 02, 2014, 12:18:04 PM
this stuff dead yet? lol

Looks like that still kicking  Cheesy Waiting for another pump  Wink

Yes maybe it's still kicking but pay attention to the dead cat rebounds...
hero member
Activity: 700
Merit: 500
September 02, 2014, 12:06:40 PM
this stuff dead yet? lol

Looks like that still kicking  Cheesy Waiting for another pump  Wink
legendary
Activity: 812
Merit: 1000
September 02, 2014, 05:29:24 AM
this stuff dead yet? lol
hero member
Activity: 812
Merit: 1000
September 02, 2014, 03:05:21 AM
Still have my invite! 100 next or 0.0075 BTC.

Last week there was an user who was paying about 0.03 btc for an invite.

Can you tell me who it was, I have an invite and I'll sell for half of that.
sr. member
Activity: 406
Merit: 250
September 02, 2014, 01:39:42 AM
Still have my invite! 100 next or 0.0075 BTC.
open PM I'll buy this
sr. member
Activity: 350
Merit: 250
September 01, 2014, 02:49:49 PM
Is it right time to buy stellars as the price is down

Investigate the performance of SDF before making investment decisions. At the moment, Stellar mainly seems to be about creating a non-profit tax shelter. Despite SDF's heavy marketing emphasis on community and promoting good, Stellar in operation seems to be as distant from those things as is possible.

Even at a code level, Stellar is effectively designed to give the wealthiest users the greatest control: Inflation tax. Note that the number of STR you hold defines how many votes you have to control the distribution of new wealth. As the money supply increases, those who do not hold a large amount of Stellar absorb the consequences. SDF has no need to sell off significant amounts of their own holdings when they can use their 5% minted share to print money, at the cost of debasing the holdings of regular users.

Stellar comes closest to the Federal Reserve of any cryptocurrency I have encountered, with the beneficiaries being: Founders, SDF, Stripe, and giveaway hackers/scammers.
legendary
Activity: 1612
Merit: 1001
September 01, 2014, 02:30:21 PM
Is it right time to buy stellars as the price is down
i think there will be a dump when everyone will receive their invite.
hero member
Activity: 546
Merit: 500
September 01, 2014, 12:36:45 PM
Is it right time to buy stellars as the price is down
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