Stellar - page 68. | Bitcointalksearch.org

hypostatization

sr. member

Activity: 350

Merit: 250

Quote from: TinEye on September 04, 2014, 08:13:37 AM

Quote from: Djinou94 on September 04, 2014, 08:08:23 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?

TinEye

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Quote from: Djinou94 on September 04, 2014, 08:08:23 AM

Any update from the dev?

He is probably busy unloading his share on the market.

Djinou94

legendary

Activity: 1036

Merit: 1000

Any update from the dev?

hypostatization

sr. member

Activity: 350

Merit: 250

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?

Anastasio

member

Activity: 112

Merit: 10

Whatever you do, take care of your shoes.

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.

HostFat

staff

Activity: 4256

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I support freedom of choice

Quote from: arieq on September 03, 2014, 05:19:24 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

Karn

sr. member

Activity: 434

Merit: 250

"The mass of men lead lives of quiet desperation."

I sold most but still hold %25

JoelKatz

legendary

Activity: 1596

Merit: 1012

Democracy is vulnerable to a 51% attack.

Quote from: hypostatization on September 01, 2014, 08:41:03 AM

Distribution was supposed to set Stellar apart, ...

If so, that's a comically absurd plan. You can't distribute value until you create it.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

Quote from: HostFat on September 03, 2014, 04:25:35 PM

Desktop client

OSX and Windows

http://getstargazer.com/

Can someone get this in a virtual machine and post a virus scan please?

arieq

sr. member

Activity: 364

Merit: 256

Quote from: HostFat on September 03, 2014, 04:25:35 PM

Desktop client

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 ?

HostFat

staff

Activity: 4256

Merit: 1208

I support freedom of choice

Desktop client

OSX and Windows

http://getstargazer.com/

danynx

full member

Activity: 139

Merit: 100

Quote from: Dexter44 on September 01, 2014, 11:33:24 AM

The price is sinking: too much inflationary. Cry

Yes it doesnt stop falling.. and they will release the multi currency platform until late september..

MrBtcSenior

member

Activity: 70

Merit: 10

Quote from: FeelTheBeat on September 02, 2014, 01:06:40 PM

Quote from: WhatTheGox on September 02, 2014, 06:29:24 AM

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...

FeelTheBeat

hero member

Activity: 700

Merit: 500

Quote from: WhatTheGox on September 02, 2014, 06:29:24 AM

this stuff dead yet? lol

Looks like that still kicking Cheesy

Waiting for another pump Wink

WhatTheGox

legendary

Activity: 812

Merit: 1000

this stuff dead yet? lol

bitbaby

hero member

Activity: 812

Merit: 1000

Quote from: keyxkey on September 01, 2014, 10:39:57 AM

Quote from: dandruff1138 on August 30, 2014, 10:16:49 PM

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.

conteaza

sr. member

Activity: 406

Merit: 250

Quote from: dandruff1138 on August 30, 2014, 10:16:49 PM

Still have my invite! 100 next or 0.0075 BTC.

open PM I'll buy this

hypostatization

sr. member

Activity: 350

Merit: 250

Quote from: krishatnet on September 01, 2014, 01:36:45 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.

fast2fix

legendary

Activity: 1612

Merit: 1001

Quote from: krishatnet on September 01, 2014, 01:36:45 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.

krishatnet

hero member

Activity: 546

Merit: 500

Is it right time to buy stellars as the price is down

Topic: Stellar - page 68. (Read 521248 times)