Topic: [Stellar Lumens] (STR/XLM) What we know so far about and why its price went up. (Read 54552 times)

Stellar Lumens: How to buy, sell or trade XLM in the US

https://www.onebitcoinbuy.com/stellar-lumens-xlm-price-cryptocurrency-buy-sell-cash.php

 

I put my money in XLM, it have so long history already.

IBM will use Lumens! what purpose that make IBM to use Lumens, does IBM decided to enter financial industry?

08 January 2018 Stellar Singapore Meetup


"Lawyer for Stellar.org and Lightyear.io, will be in Singapore to discuss industry and regulatory trends in the blockchain space. "

Stellar is going crazy these days. The price soared back to 1000+ sats. Is it because of the recent partnerships announcement (which seems to be not true)? Or just a long pump? If so, would you expect a pull back soon?

http://www.insidefintechconference.com/seoul/2017/agenda

Stellar+AsiaPay+KakaoBank+VISA | Together
Stellar+IBM Korea | Together

partnering with paypal as well ?

i only have 3000.00 right now but im about to add to that and add some more xrp too 

https://i.imgur.com/CvoeP8e.jpg

Wow, ending every phrase with a  white space and an (or more) exclamation mark - so this has to be the holy truth! Why haven't we seen this before? We stupid idiots.

By the way: Do you want to buy my Ripples for 10 US$? If those coins will hit the 100$ next year, it's a damn good deal for you.

PS: We are talking about Stellar Lumen here and not about Ripple.

off topic but you are saying there are trillions of ripple ?

I believe and this comes from following Ripple that this year ripple will go beyond 10.00 ! You see ripple played it as smart as any coin could while everyone is hating on banks saying things like this is it for the banks they are done !wrong banks and the families that control them are not idiots Ripple simply jumped in and said hey let’s combine crypto and the banks and we will do it slowly (Hence the large number of ripple to keep the price at a stable .20 if it was to was to move like bitcoin no bank would signup with them) get it so while all these ICO s are common by and going Ripple the 3 rd largest market cap keeps growing and growing a foundation that is worldwide with over 100 too major banks and also a contract with google and Microsoft Incase u we’re in aware . If you look at the top 10 coins and what they have accomplished as a business there is no comparison to Ripple ! Even smarter now Ripple has a voice so they call for regulations on ICOs and what happens if you guys don’t see the big pictute here I can’t explain it any better ! Ripple has 40000000000 etc coins at .20 building a massive foundation of banks and other investments so when Ripple announces they are going to escrow 50,000,000 of the coin so investors feel more secure Ripple will start its path to the largest worldwide company worth more than Amazon ! How do the math when Ripple hits 100.00 and they have 4 trillion coins who is going to even come close ! This is exactly what Ripple is doing if you don’t see it open your mind because ICOs and crypto has to have value ! Example Dodge no more value y no business behind it ! I can go on and on but my suggestion to everyone is buy Xrp even if u hate too ! Because it will hit 100.00 regardless of what anyone says and it will do it by 2019 !!!!! And that’s the truth the whole truth and nothing but the truth !

The price is not dropping, its staying flat around 540. There are walls around it. Could it be a new support line or even an accumulation phase? There is a risk that if bitcoin goes over 7k they will drop the walls and the price will dive. But Im hodling. You will never make any money if you dont sell for profit.

Watch and read it here : https://www.c[Suspicious link removed]m/2017/10/16/ibm-has-a-new-blockchain-for-banks-to-speed-up-cross-border-payments.html.

It is the emotions of people that makes them sell this coins. Tsk..  well  good for us, let's buy again..

I'm still undecided. The price is going down again in big steps.

Are you guys sure, IBM will use Lumens? In the article the only announced the collaboration with the guy, who created Lumens.

Its looking for the new support line? Anyways now is chance to grap some cheap lumens. If IBM doesnt get these coins under the table for "fixed" price (like ripple is doing) then they are going to valuable.

str or  xlm

what the hell happen with stellar price? anything news?

Hasn't XRP had bank partnerships for a long time? What is the reason for swelling and then say not much say conference news?

Do you know if they plan any new airdrops as they would push the price back again.

Exactly! IBM is a huge player with quite a bit of influence. They don't just make PCs and laptops any more 

IBM supports, maintain lot of banks backend

yes pretty normal....i looking at charts now....the second wave started....price increasing now...

This is normal that price has gone down after such a jump. Some people are happy with over 100% gain and their took their profit.

seems IBM partnership is real...its potentially go up the ladder...if it get few more partnerships by showing ibm deal

https://www.cnbc.com/2017/10/16/ibm-has-a-new-blockchain-for-banks-to-speed-up-cross-border-payments.html

Life is a ponzi.

Bandwagon crashed allready. Was this just a bump & dump, by IBM? If so help me god I will never ever trust anything in this market ever again. Everything is just a ponzi.

Should've jumped on the bandwagon...Where do people think the price will go next? Now the announcement has come with IBM?

I feel like this is a pump as people are just buying because of FOMO. Well we will see the next few days but if IBM really uses lumens as their currency, chances prices will rise further but definitely not higher than $0.25.

Glad I got out of there, I just don't trust Stellar.  Nice to buy when it's low and wait for a pump though.

It already dropped back down to 3.3 Cent. Maybe it was only a short trap to collect some money from the greedy people.

Lol I still remember getting the Stellar airdrops, all you needed was a Faceboook account and you got like 4000 or something haha and I sold it for $20 in BTC.  Guess I should have HODLed.  

https://www.coindesk.com/ibms-stellar-move-tech-giant-use-lumen-cryptocurrency-payments-rail/

Is there a story to read about the IBM stuff?

Looked today into the Lumen price and expected the same sad story like everyday. Was happily surprised.

buy now, hodl for some time, cruise with your lambo?

where is that crystal ball when you need it?

It got potential...
IBM is making use of it now...

there was something on reddit about this yesterday.
some website (that has an 3000$ entry fee to join it) said to buy lumens.
And so people did.
can't find it on reddit/r/cryptocurrency anymore....
edit: found it https://www.reddit.com/r/Stellar/comments/74i95z/interesting_daydid_i_miss_news_of_some_kind/

Anybody know why the massive rise today?

Here's a step by step guide to buying and storing Stellar Lumens: https://buystellarlumens.info/

The price now is as low as it was before the May`s moonshot. It`s strange enough that it doesn`t start climbing up from this support level.

0.01$ now. so sad. I dont sell all when price 0.055$. lucky I sold all when it fall down to 0.03$ that is a bad experience

Ripple is a centralised application which is quite strong. Lots of different institutions already exploit such technology. STR is completely different and not as popular yet..
I agree, price is quite low for STR and hence speculation can be profitable eventually.

Anyone with an opinion on why I should pick stellar over ripple?
Looking at volume pie, why korea loves ripple moreover than stellar?
https://www.coingecko.com/en/price_charts/ripple/usd
https://www.coingecko.com/en/price_charts/lumens/usd

What has lumens done these past weeks?

I'd like to push this discussion. Any more opinions to Lumens considering the past weeks?
For me Lumens still look like a good idea to buy. The price is low and the potential might be high since they do have a realistic market cap.

I wonder why Stellar distributions working in that way? stellar giveaways is based on Bitcoin holders only.

For investor and trader Stellar giveaways which is based on Bitcoin holders is a bit unfair to and not good Stellar value itself. Maybe Mr Caleb was thinking that if distributions are given to Stellar holders then largest chunk goes to developers so they prefer the neutral Bitcoin. But they could provide devs Stellar wallets for transparency and those won't be included on distributions.  This makes the best sense for me.

dose any one have good and correct info why steller is bad ? plz give technical info

This thread was big speculation rather than a discussion...
Everyone is selling at the moment by the way, sell too!!!

I heard recently there will be another STELLAR giveaway to all of those that have BTC in their wallets and on POLONIEX. Is this true and what do we need to do to get the free LUMENS? I would like to get some of they are being airdropped lol. 

It will have a bright future if coblee's vision comes true

Hope that ltc will soon increase the price because I do believe that litecoin has a bright future

Adding to the XLM scam coin FUD: I purchased 100,000 Stellar back when it was called Stellar in like 2015. They had a 'bug' shortly after and ever since then I haven't been able to access my account. Account recovery token was rendered un-useable. Noone at Stellar replied back to my cries for help. Seen a few people on their support forums with the same issue. As far as I'm concerned they jacked a bunch of peoples coins in the early days and blamed it on their own tech architecture of 'not storing accounts for max security' to cover it up. Conspiracy, Conspiracy, Conspiracy....

Sorry, XRP just lost 1.6 billion TODAY.

LTC is, indeed, a real and stable coin.

Throwing out a thought about Poloniex.  Does anyone know geographically or even location wise which server hosts run/provide their backbone?  Understanding (loosely) the issues that have plagued high frequency trading in the ahem "real" stock exchanges, location is key.  The lag / congestion that many of us live with may be alleviated by finding a co-lo provider for a host box in the same data center(s) as Polo.  Could be some easy money to be made there beating others to the punch.

Hi Everyone,

What are the prospects of this coin? I cannot find any relevant information about the XLM plans however I did find some negative press regarding the owner. I am not sure if I should take a sizable position in lumens. Given the fact that they trade around $0.04 per unit, they might have some upside potential but the question is how much? What do you think?

Good job... The big whales of BTC Okcoin and Bitfinex are in Poloniex now, pumping and dumping.

Worth noting: Kraken also was on the receiving end of a DDOS earlier today, and they also list both XRP and XLM.

https://status.kraken.com/

errm... Litecoin! Check the reddit. ETH is the "PS3 cell processor" of altcoins.

Read up, and Buy LTC.

you should really be buying ripple instead. look how much it grew and it now overtook ethereum. marketcap is more than 8 billion too and its now 2nd to bitcoin. but i ain't surprise after seeing the news they've posted last week. this is the greatest opportunity still for investors who wnats to get in. its still $0.20.

I sold all my STR and bought LTC. Something real and stable.

After yesterday's craze, my stop sell limit did not get triggered, probably the dump was too fast.

Instead of taking in 2.5x return, I only cashed out about 1.5x return. Still OK i guess.

Now my money is stuck in "Awaiting Approval" after last night. This has never happened before and the sum i'm trying to withdraw isn't above the daily limit either.

Do you think they put everyone's money in "Awaiting Approval" after the DDOS incident? Or am I just unlucky ?

So, everybody, let's take the bitcoin tech and give it back to the banks. Let's create a future where we're about to go to [insert big bank name here] and ask it to manage our bitcoins, because, why not?  

Ripple feels so much like Orwellian doublespeak.

Yeah, only in last 2 months what I can remember, XRP pump to 7k website issue dump to 2k scam, big pump & delisting scam and today same as XRP scam, pump, web down, dump.
It looks like not only your money should be in different alts, but also different trade platforms.

Visual explanation ;

Just saw on twitter ;
https://twitter.com/vncenj/status/861352428557529088

Someone pumps , pumps,  margin trades, puts high stocks and makes people go above it , pushes market up then removes high amount.
This is being done to Doge,XMR, Sia etc for several days more and more.

Then starts ddos attack and takes all the money, dumps and goes. Polo just try to recover servers and keeps on like nothing was happened.

They know who that someone is. They have his money (got stolen from everyone) in their wallet.

Someone made maybe millions in minutes and Poloniex just watched (i hope)
They have to prevent manipulations either by limiting transactions with bots (per ip , per api , per user , per hour etc. ) , they should limit amounts by previous transactions,

If they are not working together with that man they must do something to prevent this and block the account, and then sue using the data they have.

However i'm taking my money to my wallet and sit and watch what will happen. I can only play when the game is fair.

I think people DDOsd the exchange.

Right before they DDOsd it they dumped to trigger all the stop limit sell orders.

Poloniex just crashed right at the dump biggest heist ever conducted

The more I read about Stellar the more interesting it looks.

Deloitte, Parkway Projects and Tempo are supporting it, and building projects on top of it.

These are HUGE companies.

The price increase might not be all insider trading and hype after all. It seems solid even.

Actually banks don't use ripple, they are just testing it now in pilot programs. But banks toy with alot of blockchain projects so that's not a big deal. Problem for investors in these XRP tokens is, it's just a gamble. Ripple makes alot of money because they own most of the tokens and they dumped already hundred of million $ worth of tokens. Plus, banks don't buy XRP to use ripple's ledger. The point to use ripple's technology is to save costs, it would be stupid of them to buy tokens.

So it's just the speculators that gamble with it. Nothing really changed since xrp was at 250 mil cap. Keep in mind that bank will not really trust ripple to "hold the ledger", so if it proves to be a success, they will just clone ripple and use it. What would be the point to use ripple and depend on it for transactions / ledger ?

For example, a bank that is using ripple ( bbva ) for a pilot program will also be an EEA member, so you see my point. They will test it, and then the most likely outcome is to create a bank consortium and give up on ripple.

Correction, Stellar is a VC that wants to support banks, it is not, even if a bank said they were interested tomorrow, it doesnt support a 500M market cap.  Ripple has some banks testing it and they are big banks, but most of them so far were also testing Ethereum and chose Ethereum.  Ripple is in no way worth $6Billion right now though it doesn have some potential worth considering.  Ripple was also cofounded by Mark Karpeles, let that mountain sink in.  Look, unless a new option comes up that has an overwhelming advantage over ETH, its not going to uproot ETH stronghold on the market, ETH is becoming the defacto standard in 2nd gen, smart contract and distributed app blockchain, none of these alternate second gen coin have a hope in hell right now of getting any significant (real customer base and income) market share in this arena.  The short of it is my opinion on your opinion is that there is no announcement that Stellar could be about to make that is worth $500M.

That said, I have been day trading STR and Ripple both and I really appreciate the ride, it has lined my wallet well.  But I am turning that money right back around into ETH and a couple of blockchain storage coins for the the long win.

Well now, this is interesting : https://twitter.com/StellarOrg

If my prediction is correct, it will probably surpass Ripple. It has already surpassed it in 24 hour trading volume.

But the news might not come very soon, probably the investors still want to buy more before the actual announcement.

This has always been the case with insider trading. People making millions from pre-buying a coin when it was cheap before anyone else knows about the coin.

Yes I invested in time. I now hold double my money. If price keeps going, I will buy more during this week. Hope this is not a pump and news will be backed by the price rise!

This is not really correct. XRP is going sky high because of news of banks supporting it.

STR has yet to have these news, but they're made by the same developer and they're aimed at doing the same thing "platform that connects banks, payments systems, and people".

My bet is that we'll be seeing some big STR news in the near future. Let's see if I'm right.

i heard from someone, i do not rember his name though that str and xrp are nothing but toys of btc whales. I am not sure , i just heard. He said that xrp went very high without any news of improvement. Is that true? Or what are the news that drive the price too high ? It is almost obvious that str always follow xrp. May be I am wrong but I saw many times

As the price keeps rising I think more and more that my theory is correct.

Ripple is open source.

Ripple source code: https://github.com/ripple/rippled

We know that Ripple and Stellar Lumens are made by the same developer and that Ripple price went extremely high up from before there was an announcement about banks supporting Ripple. Insider trading most likely. Buy the insider rumours, sell the news.

There are no news yet of STR but what we've seen these past 4 days is a much higher increase in price and volume than Ripple had.

What explanation other for STRs massive increase in price could there be than the same Insider Trading theory?

Of course the hype now sorrounds it and people are wanting to get in, but the initial increase was so sudden, that some people with a lot of bitcoins must have bought incredibly huge volumes of it.
Then the hype followed.
What do you guys think ?