Topic: Why Stellar is not much better than XRP - page 2. (Read 625 times)
I have to make a choice between Stellar and XRP. I would prefer Stella. XRP is so turbulent that I can not trust it. Lately it has come at very good prices. Now getting XRP is very risky.
Stellar. At first glance it is the better Ripple, "decentralized" and all.
But is it?
No!
There is almost no crypto that has less respect for privacy. There was an airdrop to BTC holders:
https://www.stellar.org/blog/bitcoin-claim-lumens-2/
You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.
If you’re not using an exchange, then law requires us to ensure you’re not on the U.S. sanctions list or located in any of the restricted jurisdictions listed above. We’re using Facebook account verification to complete this check.
Again, this "nonprofit foundation" tried to link ID's to Bitcoin and Stellar wallets. They claim they had to do this because of the "law".
LOL. Hundreds of airdrops were done without ID requirement; in fact I know no other airdrop who had identity verification as a requirement.
Whatever made Stellar.org require this, one thing is clear: if they ever want to freeze/blacklist funds, they can and will do it. Ripple is the Federal Reserve of crypto, and Stellar is Facebook of crypto.
Should Stellar ever be used by the so-called bad guys (Iran, ISIS, Venezuela ....) then good luck to Stellar holders!!!!!!!!
But is it?
No!
There is almost no crypto that has less respect for privacy. There was an airdrop to BTC holders:
https://www.stellar.org/blog/bitcoin-claim-lumens-2/
You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.
If you’re not using an exchange, then law requires us to ensure you’re not on the U.S. sanctions list or located in any of the restricted jurisdictions listed above. We’re using Facebook account verification to complete this check.
Again, this "nonprofit foundation" tried to link ID's to Bitcoin and Stellar wallets. They claim they had to do this because of the "law".
LOL. Hundreds of airdrops were done without ID requirement; in fact I know no other airdrop who had identity verification as a requirement.
Whatever made Stellar.org require this, one thing is clear: if they ever want to freeze/blacklist funds, they can and will do it. Ripple is the Federal Reserve of crypto, and Stellar is Facebook of crypto.
Should Stellar ever be used by the so-called bad guys (Iran, ISIS, Venezuela ....) then good luck to Stellar holders!!!!!!!!
They forked of ripple so they are basically almost the same as ripple, aka centralised
XRP and XLM are not related, don't share anything more than... the letter X
And the unnecessary hype that they are getting. Ripple is getting hype and pumping because new corporations are getting into it, it's not even a crypto and people are already comparing it to BTC. Also, why are people talking about XLM like it is XRP? If anything, it is better. The only real similarity these have is fintech/institutional usage. XRP is a scam (as correctly said), XLM is undervalued.
XLM also has over 100 000 000 000 units so how is it undervalued?
You see I was positive on XLM first but then found out, that Stellar.org tried to enforce identity verification during the airdrop. Like I posted on top. This means the project is also centralized and government controlled just like Ripple.
Basically if you are a little paranoid you could view the Stellar airdrop as a trojan horse, to link BTC and XLM wallets to Facebook users...
Because XRP is worth 3.50 USD, and there are the same number in total. In circulation XLM has even less, and people don't seem to care that the owners can dump 70% of the coins on you, so I just assumed circulating supply.
And it doesn't really, because you don't have to accept the airdrop!
I don't see what is wrong with asking for identity for an airdrop. It's free XLM!
Quote
Oh yes, one last drop to your uneducated guess 80% of XRP trade s are in fiat. In your face
More like 70% and 45+% in KRW but how is that an argument when it's still a scam that can be printed at will?
Well, they are both making incredible jumps right now. But I really do think that it's one big anomaly. Both ripple and stellar are coins that are the perfect opposite of that bitcoin is trying to reach.
The only reason it went up this much is because BTC had it's general correction a couple of weeks ago. Once it's fully going up again there is no chance in hell that ripple or stellar will still be able to keep this thing up.
The only reason it went up this much is because BTC had it's general correction a couple of weeks ago. Once it's fully going up again there is no chance in hell that ripple or stellar will still be able to keep this thing up.
There are so many aspects to consider why an Altcoin is supported by many investors over a specific Altcoin like Stellar. I agree that Stellar is better than Ripple in some aspects but I think people would choose the more popular + cheaper price like before when Ripple only holds $0.5 or lower then large volume of investments were coming into Ripple so that where the pumping began and now its somehow unstoppable.
You are again looking at the price of a coin and ignoring its circulating supply. There are almost 40 Bn of XRP in circulation, so it does not matter whether the price is $3 pr $0.5, it is still overvalued. This crazy rally where all alts get pumped up will come to a violent end shortly. People who made 50x money in the last month might not care, but they would still have to jump ship at the right time.
You looking in circulating supply but not into fraction. Every shill of shitcoin is absessed with supply withou proper understanding. In crypto world, everything has value, so single satoshi has value, eventually you endup with no 16kkk but with trilliond quadralions of satoshis, that can be used. It is so funny to see how Period can fuck people brains completely.
Go learn what is market cap and than speak about circulation.
You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.
Who doesn't have fake Facebook accounts? You could even create a new account through Tor!I got my XLM for free, I sell some once in a while (a lot more often the past few days!), and I never bought them (although I regret not buying them 3 months ago for a 50-fold increase in value). I know I'm biased towards XLM, their bribe worked well on me
The people in charge of Ripple can monitor, freeze, and reverse your transactions.
Ripple is a cryptocoin, but that's where it ends. It is nothing like Bitcoin, but just like nobody seems to care that Ethereum hardforks whenever the few rich guys in power need to get back their money (The DAO made them instantly abandon "code is law"), nobody seems to care that Ripple is centrally controlled."Banks use it" is not an argument to throw your money at it, it should be the other way around! Banks don't need you to become rich, banks want your money, and banks are very good at making sure they get it!
What's strange is that a lot of these centralized currencies are listed on coinmarketcap and are discussed on decentralized ledger forums. There is nothing in the future of centralized currencies.
I wouldn't even be against a centralized cryptocurrency, as long as it's open and public. A corporation that owns the majority of the coins doesn't fit my image of an ideal currency.Ripple co-founder and former CEO Chris Larsen holds 5.19 billion XRP as well as a 17 percent stake in the company, according to a recent Forbes report. Given that Ripple is currently holding 55 billion XRP in escrow, Larsen is now worth at least $39.8 billion — and that’s not accounting for the value of the company itself apart from its XRP holdings.
They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck.
I've always said altcoins (and later ICOs and now forks) are created for one reason: getting your money! They missed out on Bitcoin, create something new, hype it, and boom, people start throwing money at them.They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck.
By the time the guy owns $39.8 billion dollar, he doesn't care about any of the fundamental reasons to choose cryptocurrencies anymore. It's the 1% of the 1% of the 1% that owns 8% of total crypto market cap!
For me i got tons of Stellar at $0.20 when I learnt that it was same Mt. GOX & Ripple guy that developed Stellar.
~
#SAVAGE!
It's amazing how people just ignore the fact that it is indeed the Mt. Gox guy who has his next money maker!~
#SAVAGE!
Take a look at the orange line (Ripple's Bitcoin value) in this picture:
Can anybody come up with even just one reason why it shouldn't crash again like it did many times? Why do people keep telling themselves it must be different this time?
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
I never understand why people start buying a coin when a big corporation has "some" plan with it. Even if IBM is going to use Stellar, they won't be spending any money on buying their coins, so there is absolutely no reason for the coin price to go up.Hello shittalker, can you show me the image of old coin that dif not drop in BTC value after spring pump?
Ripple is not just bank coin, your retarded knoweledge of banking services and what Ripple tries to solve is just as poor as your cognitive abilities.
All what BTC shills can do is to shout market cap and decentralization. Army of walking deads
Oh yes, one last drop to your uneducated guess 80% of XRP trade s are in fiat. In your face
There are so many aspects to consider why an Altcoin is supported by many investors over a specific Altcoin like Stellar. I agree that Stellar is better than Ripple in some aspects but I think people would choose the more popular + cheaper price like before when Ripple only holds $0.5 or lower then large volume of investments were coming into Ripple so that where the pumping began and now its somehow unstoppable.
You are again looking at the price of a coin and ignoring its circulating supply. There are almost 40 Bn of XRP in circulation, so it does not matter whether the price is $3 pr $0.5, it is still overvalued. This crazy rally where all alts get pumped up will come to a violent end shortly. People who made 50x money in the last month might not care, but they would still have to jump ship at the right time.
You know what? They forced participants to ID with FACEBOOK. FACEBOOK!!!! Those participating would have to have locked their BTC holdings AND their Stellar wallets to their ID forever.
Who doesn't have fake Facebook accounts? You could even create a new account through Tor!I got my XLM for free, I sell some once in a while (a lot more often the past few days!), and I never bought them (although I regret not buying them 3 months ago for a 50-fold increase in value). I know I'm biased towards XLM, their bribe worked well on me
The people in charge of Ripple can monitor, freeze, and reverse your transactions.
Ripple is a cryptocoin, but that's where it ends. It is nothing like Bitcoin, but just like nobody seems to care that Ethereum hardforks whenever the few rich guys in power need to get back their money (The DAO made them instantly abandon "code is law"), nobody seems to care that Ripple is centrally controlled."Banks use it" is not an argument to throw your money at it, it should be the other way around! Banks don't need you to become rich, banks want your money, and banks are very good at making sure they get it!
What's strange is that a lot of these centralized currencies are listed on coinmarketcap and are discussed on decentralized ledger forums. There is nothing in the future of centralized currencies.
I wouldn't even be against a centralized cryptocurrency, as long as it's open and public. A corporation that owns the majority of the coins doesn't fit my image of an ideal currency.Ripple co-founder and former CEO Chris Larsen holds 5.19 billion XRP as well as a 17 percent stake in the company, according to a recent Forbes report. Given that Ripple is currently holding 55 billion XRP in escrow, Larsen is now worth at least $39.8 billion — and that’s not accounting for the value of the company itself apart from its XRP holdings.
They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck.
I've always said altcoins (and later ICOs and now forks) are created for one reason: getting your money! They missed out on Bitcoin, create something new, hype it, and boom, people start throwing money at them.They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck.
By the time the guy owns $39.8 billion dollar, he doesn't care about any of the fundamental reasons to choose cryptocurrencies anymore. It's the 1% of the 1% of the 1% that owns 8% of total crypto market cap!
For me i got tons of Stellar at $0.20 when I learnt that it was same Mt. GOX & Ripple guy that developed Stellar.
~
#SAVAGE!
It's amazing how people just ignore the fact that it is indeed the Mt. Gox guy who has his next money maker!~
#SAVAGE!
Take a look at the orange line (Ripple's Bitcoin value) in this picture:
Can anybody come up with even just one reason why it shouldn't crash again like it did many times? Why do people keep telling themselves it must be different this time?
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
I never understand why people start buying a coin when a big corporation has "some" plan with it. Even if IBM is going to use Stellar, they won't be spending any money on buying their coins, so there is absolutely no reason for the coin price to go up. Stellar is a shitcoin made by Jeb, a guy who nobody trust.
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
Who made XRP sir?
Ryan Fugger. But nice try
Chris Larsen and Jeb joined after. They worked on Ripple before Jeb was convinced by his controlling wife to break out and steal Ripple coins and run away like the coward he was.
Then he stole some of Ripple code and made Stellar, like the unoriginal copy cat artist he could ever be,
He scared away bank of America that was in the process of using Ripple, because Jeb was untrustable. No bank trust Stellar or Jeb. Luckily the RippleNet today is clearly superior to the copycat Stellar once was, so Bank of America have been working with Ripple for a couple of years now,
Go learn history and stop supporting this shitcoin. Its a project waiting to die or get sued to oblivion
Also, why are people talking about XLM like it is XRP? If anything, it is better. The only real similarity these have is fintech/institutional usage. XRP is a scam (as correctly said), XLM is undervalued.
XLM also has over 100 000 000 000 units so how is it undervalued?
You see I was positive on XLM first but then found out, that Stellar.org tried to enforce identity verification during the airdrop. Like I posted on top. This means the project is also centralized and government controlled just like Ripple.
Basically if you are a little paranoid you could view the Stellar airdrop as a trojan horse, to link BTC and XLM wallets to Facebook users...
Stellar is a shitcoin made by Jeb, a guy who nobody trust.
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
Who made XRP sir?
Wow, what a lot of stupid FUD.
XLM has been here for years. If they wanted a lawsuit, they would have done it already. This has got to be the new dumbest FUD argument against XLM I've seen in a while.
Also, why are people talking about XLM like it is XRP? If anything, it is better. The only real similarity these have is fintech/institutional usage. XRP is a scam (as correctly said), XLM is undervalued.
XLM has been here for years. If they wanted a lawsuit, they would have done it already. This has got to be the new dumbest FUD argument against XLM I've seen in a while.
Also, why are people talking about XLM like it is XRP? If anything, it is better. The only real similarity these have is fintech/institutional usage. XRP is a scam (as correctly said), XLM is undervalued.
For me i got tons of Stellar at $0.20 when I learnt that it was same Mt. GOX & Ripple guy that developed Stellar.
I follow track records(actually successful ones).
The 2 protocols XRP and XLM might differ as regarding one being centralized and the other decentralized but my main goal is this: That asset should make me some 10x money as am not in crypto to sympathise nor empathise with any Asset.
...
I don't marry my tokens, I date them.
I follow track records(actually successful ones).
The 2 protocols XRP and XLM might differ as regarding one being centralized and the other decentralized but my main goal is this: That asset should make me some 10x money as am not in crypto to sympathise nor empathise with any Asset.
...
I don't marry my tokens, I date them.
Excellent attitude. Just one thing, if you get AIDS from a date it is permanent even without marriage
But if that guy worked for Mt.Gox & Ripple HOW THE FUCK can you consider that a recommendation LOL
Stellar is a shitcoin made by Jeb, a guy who nobody trust.
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
Stellar gave away millions of XLM just to get blind fanboy followers.
Stellar have been riding on what Ripple have done, and they risk of getting sued by Ripple for stealing some of their code. So investing in them you risk of losing all your money on a lawsuit.
Its a shitcoin with only one vague good news, that IBM will do projects with the coin. Nothing more.
Dont support the thief Jeb and his shitproject
For me i got tons of Stellar at $0.20 when I learnt that it was same Mt. GOX & Ripple guy that developed Stellar.
I follow track records(actually successful ones).
The 2 protocols XRP and XLM might differ as regarding one being centralized and the other decentralized but my main goal is this: That asset should make me some 10x money as am not in crypto to sympathise nor empathise with any Asset.
I appreciate the technology, I research it's future and tendency towards mass adoption and scalability(not forgetting speed).
Once my criteria is met then i buy, hold and then sell at the appropriate time.
I don't marry my tokens, I date them.
#SAVAGE!
I follow track records(actually successful ones).
The 2 protocols XRP and XLM might differ as regarding one being centralized and the other decentralized but my main goal is this: That asset should make me some 10x money as am not in crypto to sympathise nor empathise with any Asset.
I appreciate the technology, I research it's future and tendency towards mass adoption and scalability(not forgetting speed).
Once my criteria is met then i buy, hold and then sell at the appropriate time.
I don't marry my tokens, I date them.
#SAVAGE!
I think whether it is decentralized or not does not play a key role in its success in real business world. Being centralized may be better for company.
Oh of course, yes, it is very good for the company. You are right.
It is always good to have monopoly power. Hey here are a few examples of monopolies:
Paypal
Visa
Federal Reserve
North Korean government
Chinese government
Stalin
Ripple
Stellar.org
Each of these monopolies have something in common: great for the owners, shitty for the users/customers.
Trouble is, you own nothing if you buy this shit. Owning XRP or XLM does not mean you own a part of these companies. They are no securities, no stocks or bonds, not even a preferred share without voting rights.
You do not own a part of the company. In fact, they own you.
Creating tokens from thin air made the owners filthy rich, and they have full control over your funds.
https://www.ccn.com/ripple-market-cap-surpasses-100-billion-as-xrp-hedge-fund-goes-live/
Ripple co-founder and former CEO Chris Larsen holds 5.19 billion XRP as well as a 17 percent stake in the company, according to a recent Forbes report. Given that Ripple is currently holding 55 billion XRP in escrow, Larsen is now worth at least $39.8 billion — and that’s not accounting for the value of the company itself apart from its XRP holdings.
They own a real stake in the company, you own pre-mined tokens that were created from thin air. Good luck.
I think whether it is decentralized or not does not play a key role in its success in real business world. Being centralized may be better for company.
This is right, I always support decentralized ones, but being centralized works well for the legit companies of real business world. This is valid for ripple in this case. I don't understand why they compare steallar to ripple. They are different.
XRP and XLM are not related, don't share anything more than... the letter X
Lol what, stellar is a fork of ripple. The owners created ripple together and then had indifferances and one of them split off to create stellar. So yes they have a lot to share, tech, coin ownership etc. The stellar owner still has a lot of ripple from the creation of it.
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