I'm very new to cryptocurrency so forgive the dumb question. My brother brought to my attention Stellar. Many many years ago he also brought bitcoin to my attention and I kind of ignored him. He still keeps those email and read them to my face. So this time I decided to listen to him. Just for fun. I'm reading that unlike other cryptocurrency, Stellar, cannot be mined. There is a limited amount. Now, is this a good thing or a bad thing? I'm looking speechless at dogecoin. Meantime I'm buying slowly ethereum and stellar. I would love some serious comments and pointers. Edit: it was brought to my attention that coinbase has a cash back program in stellar or bitcoin https://blog.coinbase.com/coinbase-card-launches-in-the-us-8608e72cd0b5 #blockchain #crypto
Yeah, buy BTC if u don’t know much about crypto.
But how on earth can bitcoin still grow? Serious question. I'm not looking for speculation, but some serious gains would be nice.
Stick to BTC and ETH, 80/20 or similar. All other alt coins are trying to replace BTC, ETH or fill a niche they cooked up on their own. Limited number of coins is a good thing. BTC has this too. Yes, coins are mined to support proof of work, but there is a cap at 21m BTCs ever. Limiting supply is one way to guarantee rarity lasts. I'm not bad mouthing XML or any other alts. They could pay out like BTC and ETH, having somewhat of a use. Or they could bubble like DOGE, and come crashing down as the market realizes they are playing with a joke/shit coin. Best to do your own research, youtube and blogs have great info, but also a ton of hype to filter out.
Pyramid scheme
Yawn boring BULLSHIT argument caffe. What about decentralized storage like storj and filecoin? What are your thoughts @Amazon?
Most alts need a market to grow. Storage sounds like a great idea but adoption seems extremely slow. Im focusing on alts to ETH like DOT and ADA. Micro payment coins like LTC and BCH. And a few others. Certainly many gems I've passed on or haven't even looked at. Predicting crypto speculation focus is more difficult than stonks.
Filecoin has a fairly big market cap but not sure how much it is used
Stellar is promising, especially with the recent focus on stablecoins. That’s pretty much the niche they’re trying to fill. Go onto their partnerships page and look at the stablecoins (USDC most recently) now on their network.
Looks like coinbase has a cash back program in stellar https://blog.coinbase.com/coinbase-card-launches-in-the-us-8608e72cd0b5
It's a scamcoin. Half the stellar supply is owned by the stellar foundation. They literally have tens of billions of stellar. Buying their shitcoin just helps the founders cash out. They already have billions of dollars. Why give them your money?
These people that buy into these scam coins because they have a "low price"...*facepalm* xrp is also a total fraud coin
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Just buy some Bitcoin