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Biojay

What is Stella lumen (XLM) coin?

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Stella lumen a cryptocurrency that falls under 1 dollar and the value will help those who can't avoid to buy a Bitcoin because it is among the cheapest cryptocurrency of 2020 and still have very big potential growth.

Edited by Biojay
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I'm trying to add a little history about XLM,
In 2014, XLM entered into partnerships with many parties, including IBM, stripe and deloitte, with the aim of becoming a worldwide digital payment channel by connecting people, banks and various payment systems.

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An important detail that we must know about the Stellar cryptocurrency is that unlike Bitcoin, it does not use the entire network when validating transactions, but rather calls a quorum using only part of the group, causing the transactions to be carried out. in just seconds.

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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Hello everyone, XLM is a cryptocurrency similar to Bitcoin, since both are based on a blockchain ecosystem, but with a different characteristic, Stella Lumen aims to revolutionize transactions between different currencies, doing them in a matter of seconds and with Very low commissions, as an example we can already obtain bitcoin with euros more easily.

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2 hours ago, Biojay said:

Stella lumen a cryptocurrency that falls under 1 dollar and the value will help those who can't avoid to buy a Bitcoin because it is among the cheapest cryptocurrency of 2020 and still have very big potential growth.

Stellar's movements over the past days suggest that a bullish is coming. Stellar development team is still active and always answers questions from all investors so this is a promising project and should invest early to earn higher profits.

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8 minutes ago, ajabe2 said:

Stellar's movements over the past days suggest that a bullish is coming. Stellar development team is still active and always answers questions from all investors so this is a promising project and should invest early to earn higher profits.

Yes mate I agree with you, if we really want to invest on Stella lumen coin we should know or put it in our minds that we wanna invest for long periods of time maybe two to three years but investing for a week or month is not a good idea in my own opinion. 

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Yeah, steller coin is really good and promising coin. I am watching this coin for couple of month and this coins growth is too much impressive. We should invest on this coin. This is one of the best coin and favourite coin for traders.

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Although it ranks well in Coin Market Cap, where it got the rank 11, the price of XLM is still low at about 0.19$, but despite this this is a good start because its price was 0.08$ recently, and this means that it has more than doubled in a short period of time. We can expect a lot of it if it continues the rally to its highest peak in 2018 as the XLM price reached 0.93$.

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23 hours ago, Biojay said:

Stella lumen a cryptocurrency that falls under 1 dollar and the value will help those who can't avoid to buy a Bitcoin because it is among the cheapest cryptocurrency of 2020 and still have very big potential growth.

This is good information the currency is made for beginner and small trader how can't afford to buy bitcoin and it have big potential to growth . 

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It for the first time that I am hearing about this cryptocurrency , army ne uses investing and trading this currency? is it the up-and-coming one which we should focus on? Its value is below $1, can it go any further?.

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On 11/25/2020 at 1:55 PM, Michaelx018 said:

It for the first time that I am hearing about this cryptocurrency , army ne uses investing and trading this currency? is it the up-and-coming one which we should focus on? Its value is below $1, can it go any further?.

Yes mate, I think it will grow or go further in the nearest future, many crypto currencies began like this and now look at where they are , some with high price value and they are still growing as each day passes.

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I don't have enouph informations about their project and team but for sure XLM is one of the top

coins in coinmarketcap with a very high market cap and daily trading volume it's also listed in top

exchanges like binance i think the current price still good to invest in this coin

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I tried many currencies that they said are developing currencies and have a great future, but often my attempts failed and the currency collapsed, what is the scale by which we know the expected value of the currency in your opinion?

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The name of this crypto is Stellar Lumens. The price it has doesn't matter and you only look at this because it is priced bellow a dollar but is this a way to judge if something will go higher later? You are making a mistake to have price as an indicator, you should look at price in the chart during a long time how it performs and also do fundamental analysis, for which stellar is having a few problems when you look more.

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Lumen (XLM) is the native cryptocurrency for Stellar, an open source blockchain payment system. The purpose of Stellar is to connect financial institutions via the blockchain and provide cheap transactions in developing markets. According to a prediction, XLM will reach a price of more than $ 1 in 2025.

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On 11/24/2020 at 3:25 PM, Biojay said:

Stella lumen a cryptocurrency that falls under 1 dollar and the value will help those who can't avoid to buy a Bitcoin because it is among the cheapest cryptocurrency of 2020 and still have very big potential growth.

You didn't explain why Stellar has big potential to grow and why you consider it is cheap. I think it is not cheap and may not grow as you are saying. You have not justified your reasons and only say it falls under 1 dollar that means nothing. Stellar probably can have a rise in price but this will be if all altcoins start rising as alone Stellar hasn't done anything lately to deserve a rise in price.

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Stellar did hit a big partnership lately. It will be used in Ukraine to help the government create a digital national currency. It is important they selected an already established cryptocurrency for this as the experience will be transmitted and create a good digital CBDC for Ukraine.

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It is a new cryptocurrency that is trying to enter cryptocurrencies and it has become something new for traders, but its current price is less than 1 dollar, and I think it will grow and will have something good and profitable in the future, but it needs some support and a long wait to show its strength

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Cheap means nothing. STellar is very expensive in my opinion as it is not doing anything. Not getting adopted and not helping anywhere. It is not going to be used but best thing it does is making this guy from mtgox rich.

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I don't find anything reasonable in your investment strategy my friend. You are investing in a way that is very wrong and you should really try to understand how markets and price works because you will have trouble making money, and you may make only by luck or accident. I'm sorry to tell you this but it is the truth if these are the facts you look for a coin to invest in.

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This was the last stop of the Jade McCaleb journey into the crypto abyss. I admire how he managed all of that and perhaps there will be more except Stellar coming from this person. The mtGox founder and later the ripple founder that created also Stellar, which is a copy of Ripple, but it still made it to be a top crypto. Stellar Lumens may not be what I am looking for as a cryptocurrency but he put up a good fight for this.

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I find Stellar quite interesting, because its project is focused on facilitating transactions between different currencies, so XLM transactions are usually very fast and, above all, cheap.
It is a project quite similar to XRP, but in my view it is more interesting and ambitious.
Currently it is still a bit far from its ATH, which is about $1, but everything seems to indicate that at some point during the year it will surpass it, especially if the Stellar team continues to make updates and associations with different currencies.

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It is the digital currency that operates the blockchain Stellar network. According to the official Stellar website, Lumen is included in the network and can be considered a unit of cryptocurrencies, such as Bitcoin. The virtual currency was launched in 2014 with Stellar network and 100 billion Lumen has been released 

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On 11/24/2020 at 3:25 PM, Biojay said:

Stella lumen a cryptocurrency that falls under 1 dollar and the value will help those who can't avoid to buy a Bitcoin because it is among the cheapest cryptocurrency of 2020 and still have very big potential growth.

This is not something we look, when you say cheap you have to justify and give a comparison, it was cheap to what exactly? Cheap when compared to Bitcoin? Do they have the same number of tokens? Bitcoin has 21m supply and Stellar 50 billion.

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Stellar Lumen XLM is one of the bright future cryptocurrency, is possible will not reach a high price value in a short time, but I think about improving his price value in a long time. Stellar is introduced in many website exchanges, and there are a lot of saving wallets who added it to their platform.


 

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