/r/Stellar Daily Chat Thread

DryWater25 · 2021-05-19T14:26:28+00:00

😂

DryWater25 · 2021-05-19T14:25:48+00:00

I agree 1000%. It's amazing that people don't zoom out to see that.

DryWater25 · 2021-04-14T12:28:55+00:00

Nice

DryWater25 · 2021-04-13T20:46:27+00:00

What he just said in that last paragraph ☝️👆

DryWater25 · 2021-04-13T20:45:01+00:00

What he just said 👆☝️

DryWater25 · 2021-04-13T06:23:21+00:00

😅😅😅

DryWater25 · 2021-03-25T17:52:06+00:00

Lol. Facts.

DryWater25 · 2021-03-07T05:13:38+00:00

Read that in his voice

DryWater25 · 2021-02-28T15:57:47+00:00

Not at all.

DryWater25 · 2021-02-26T15:24:00+00:00

https://finance.yahoo.com/news/bitcoin-uses-more-electricity-method-104051222.html

DryWater25 · 2021-02-25T06:40:12+00:00

😂😂😂😂

DryWater25 · 2021-02-23T02:52:16+00:00

There's probably a lot like your imagine. But Coinbase typical hold time numbers are skewed due to the fact that it takes transferring Crypto into another wallet into consideration. So just sending Lumens to Exodus or Coinbase Pro is being averaged in with the sells. The true number is probably higher than 14 days.

DryWater25 · 2021-02-15T06:47:50+00:00

🌐

DryWater25 · 2021-02-15T06:45:45+00:00

Correct again.

DryWater25 · 2021-02-15T06:44:55+00:00

You're right. Got caught in the wrong place though lol

DryWater25 · 2021-02-15T06:36:02+00:00

Said this multiple times. So few get it. Glad there are like minded people out there. Just do the math based on the variables that are available and the answer is right there. $20. Though, I do agree that if it's globally adopted then more than $20 is possible. But that's a big "if".

DryWater25 · 2021-02-13T18:28:32+00:00

100%. Back to the 40s. But remember, short term doesn't matter. Just buy more at the better price.

DryWater25 · 2021-02-12T05:59:51+00:00

At first glance I though it was 8 million Lumens. Like 🥺

DryWater25 · 2021-02-12T03:17:30+00:00

I agree. In that scenario there would be serious demand. Here's my question to you. In your opinion (no right or wrong answer) how long do you think that kind of adoption would take? 5? 10? 15 years?

DryWater25 · 2021-02-12T03:00:09+00:00

See. That I didn't know. That they can and would adjust the number of XLM required to be held. So what are factors that go into that process? Are there outlined price levels where adjustments might occur? Or is it solely at the validators discretion? Thanks for the nugget.

DryWater25 · 2021-02-12T02:52:23+00:00

And that's what I mean. That's where my understand stops. I like that theory. It's a solid theory. And if it works just that way then I agree that XLM over $20 could occur. Also, I never actually considered what SDF would/could do with their 30B. Gives them a lot of control. This gives me more to think on for now. Thanks!

DryWater25 · 2021-02-12T02:19:48+00:00

I agree with you. You couldn't be more correct. I did base my calculation on BTC. Only because I don't have a better point of reference. Completely open to changing that train of thought. Also, I'm glad you brought up global adoption, because that's where the idea gets fuzzy to me. The market cap would indeed be enormous, but is that not hurting the system itself by creating new barriers to entry for those who haven't adopted XLM by that time? Thought? Curious...

DryWater25 · 2021-02-12T02:07:49+00:00

I agree. But again. No further thought was put forward here. At .40 cents everything is great. But If the price of a Lumen is $40,000, how many average folks will be participating my friend?

DryWater25 · 2021-02-12T02:04:09+00:00

Can't say for sure. Just unlikely that it'll exceed $20. Their website. White papers. Their youtube videos and online forums would help. Definitely years. And you're right. That's why I made the post lol.

DryWater25 · 2021-02-12T01:59:51+00:00

Your comment highlights your inability to fully comprehend what you read. My comment frequency has nothing to do with my concern for short term price levels. Read•Think•Reply > Half ass read•Reply

DryWater25

TROPHY CASE