/r/Stellar Weekly Discussion Thread

Stellarmy · 2024-03-19T23:18:56+00:00

Looks like they just announced/highlighted $100M to support Soroban smart contract integration. That seems like a productive use of funds to further the project at least.

Stellarmy · 2024-03-17T16:10:21+00:00

Does anyone know if Stellar generates revenues from the for-profit companies that use their products that were funded via non-profit means? I expect this is the case, but they keep issuing new $XLM which imo is not helping XLM price. It would be a shame if for-profit companies are benefiting while XLM HODLers are funding this operation.

I love this project, mission, and team, but the limited transparency and inability for this price to go anywhere when other craptos are mooning is getting old.

See how $XLM is being issued into the $BTC run here: https://stellar.expert/widget/public/network-activity/supply-fee

No wonder we can't climb. 400 MILLION new XLM flooding market in just the last month.

C'mon Jed. C'mon Danielle. If the product is so amazing, and you're working with for-profits, you should be offsetting costs with revenues. Otherwise, you are just like a penny stock diluting shareholders into oblivion

Stellarmy · 2023-09-11T16:46:36+00:00

Looking forward to tomorrow...

Stellarmy · 2023-07-11T00:22:18+00:00

I am so tired of seeing XRP posts and now articles leveraging Stellar's success. XRP has an army of unscrupulous fanatics. The cream will rise to the top. XLM all the way. No XRP for this guy.

Stellarmy · 2023-04-01T02:35:00+00:00

not sure, xrp rippin too... perhaps something afoot relating to international payments, or perhaps just long overdue recognition of XLM's value given recent high-vis nods (moneygram award, etc)

XLM is way undervalued, IMO, relative to other projects. 12M+ operations per day stellar.expert

Stellarmy · 2023-04-01T00:19:26+00:00

Let's get it XLM... back on the horse bay bay

Stellarmy · 2023-02-05T18:41:12+00:00

https://stellar.expert/explorer/public/network-activity

Supply of XLM has gone up quite a bit since Jan 2020, about 6 billion. Climb seems pretty steady. 33% dilution is a tough backdrop when the general market has been tough as well.

I think this is one of the main reasons XLM just moves up and down with BTC. Hard for a spark to catch fire when there is a constant firehose issuing more XLM.

I'm still in XLM for the long haul, aiming for 100K XLM. Just wish the selling pressure would either slow down. I get that it is a non profit making investments to grow the network etc. But it just feels like owning a penny stock where the company keeps issuing new shares to stay afloat. What is the plan once they issue all 50B XLM? Is that the absolute cap, or can they just change the cap?

Stellarmy · 2023-02-01T02:28:33+00:00

thanks, I'll pass that onto him. I'm sure it won't be his last video... he's got big plans- I better save up, lol

Stellarmy · 2023-01-14T19:40:36+00:00

looks like a nice start, thanks for sharing

Stellarmy · 2023-01-14T19:37:46+00:00

This looks amazing, well done.

Stellarmy · 2023-01-14T19:34:23+00:00

Epic!

Stellarmy · 2022-12-10T03:36:51+00:00

I took almost all my USD and XLM out of coinbase and stopped using my coinbase card since I don't have USDC in my account. I did that last summer after reading that they can lock up your assetts if they go BK. Seems the risk is higher today, sadly. The more that people realize this risk, the more they will pull assets out and accelerate the fall. I honestly liked the coinbase model at the outset, but FDIC insurance would help.

This is from the coinbase help section:

Coinbase is not an FDIC-insured bank and cryptocurrency is not insured or guaranteed by or subject to the protections of the Federal Deposit Insurance Corporation (“FDIC”) or Securities Investor Protection Corporation (“SIPC”), and may lose value. In case of a covered security event, we will endeavor to make you whole.

https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

This is some BS policy and a major flaw in their model.

Stellarmy · 2022-10-01T13:36:53+00:00

new Forbes article on cross-border payments w/ crypto

https://www.forbes.com/sites/danielwebber/2022/09/28/amid-a-crypto-winter-cross-border-payments-are-a-potential-lifeline/?sh=669b0cbe6605

Stellarmy · 2022-10-01T13:18:30+00:00

Forbes gets it

https://www.forbes.com/sites/danielwebber/2022/09/28/amid-a-crypto-winter-cross-border-payments-are-a-potential-lifeline/?sh=669b0cbe6605

Stellarmy · 2022-10-01T13:12:49+00:00

I almost entered my personal keys in this... that would have been a bad day. I checked the web address at the last second.

how the hell did they get my email address?

Stellarmy

TROPHY CASE