Post
Topic
Board Announcements (Altcoins)
Re: Stellar
by
TaunSew
on 05/08/2014, 00:36:50 UTC
The goal is to get millions of people to sign up for this but this thread only has a few thousand views.

millions*, you mean.

https://www.google.com/search?hl=en&gl=us&tbm=nws&authuser=0&q=stellar+money&oq=stellar+money

This thread on this forum only has a few thousand views.

You source blogs that are written by obscure journalists and that was likely only read by hundreds.  Ok.   Roll Eyes

As for the $3 million venture investment - I knew about that way before you ever did.  Crypto currencies is full of venture capitalists who'll seize an opportunity when they can get one.

If Stellar gets $50K volume everyday 24H (while they control 98% of tradeable coins due to 94.9% lockup) in 24 hours, that means the VC guys make around $7 million by the end of the year.   If this becomes Ripple styled volume then Stellar can make them $42+ million.  Then the Stellar team gets their even bigger share of the profits.

The venture capitalists don't care about the product or service, they only care about what makes them money and a Ripple Fork is one way of doing it.

They just have to dangle this carrot of "oh look stellar is free to receive" while 94.9% of the give aways are locked up due to a lack of users, while they got 0.05% to dump while the public has crumbs.