111–120 of 154 posts
From few days ago: "PSA: Check your inbox for email from stellar.org, you may be sitting on $ " - https://news.ycombinator.com/item?id=16109292
I signed up for stellar when it was first announced and have about $1000 of stellar. Despite a whole bunch of emails, I'm still unable to access my account. Anyone know who else I could contact?
Earlier quoted context omitted.
except amazon stock represents ownership of a corporation with assets that have value.
But Amazon's value is not based on it's assets. What is the value of AWS? Is it the physical servers and data-centers? Or is it the knowledge and systems which make it all operational. If you can accept the later is where the real value is, eventually you're going to get to the point where you see the REAL value is in putting these pieces together into a system where a customer can exchange $$ for the value being cre…
1. Crypto-assets like Bitcoin/Ethereum/Steller/Ripple, etc, are created simply by typing some numbers into a piece of software. There's no underlying value, it's a number in a database.
2. Stocks have measurable value, https://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio
3. Anytime someone sells a Bitcoin or whatevercoin it requires a buyer. Similar to baseball cards, beanie babies, or other artifitially scarce yet easy to produce asset, the market is subject to supply and demand. In the case of cryptocoins, the supply is created and distributed to a small group of users who horde it, in the hope that new users will come in and purchase the coins for more than it cost to create them. This is a hallmark of a typical pyramid scam, which collapses once no more investors can be found, leaving the late adopters holding now worthless "coins".
4. Stocks in Amazon and businesses grant you legal rights, and if the company goes bankrupt you are entitled to compensation from their assets.
From few days ago: "PSA: Check your inbox for email from stellar.org, you may be sitting on $ " - https://news.ycombinator.com/item?id=16109292
We live in strange times.
Earlier quoted context omitted.
> The vast majority of people who have been involved are way ahead. Strong disagree :( Cryptocurrency investment is speculation in a zero-sum game. Every dollar someone pulls out of the system in profit required someone else to put a dollar in. All those people who sold bitcoin at $19k could do so because there were buyers. Every single one of those buyers lost. Cryptocurrencies are not shares in a corporation or bon…
> All those people who sold bitcoin at $19k could do so because there were buyers. Every single one of those buyers lost. Only if they sold. Otherwise they might just wait until the price climbs back.
From few days ago: "PSA: Check your inbox for email from stellar.org, you may be sitting on $ " - https://news.ycombinator.com/item?id=16109292
My account was corrupted during the migration from STL -> XLM. Not even my recovery code works. Multiple support emails with Stellar and no dice being able to access my XLM :( .
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It was 6000 in the original airdrop, and after that there was an airdrop against bitcoin addresses in a proportional fashion (only if you chose to claim them, if i am recalling correctly.)
There was one where you signed up with Facebook and got 5k too. I got quite a chunk of change by getting all my friends to log me in with their accounts.
Earlier quoted context omitted.
except amazon stock represents ownership of a corporation with assets that have value.
But Amazon's value is not based on it's assets. What is the value of AWS? Is it the physical servers and data-centers? Or is it the knowledge and systems which make it all operational. If you can accept the later is where the real value is, eventually you're going to get to the point where you see the REAL value is in putting these pieces together into a system where a customer can exchange $$ for the value being cre…
Two days ago, Stripe announced they were dropping Bitcoin. And now Stellar (A Stripe-seeded company) announces their 2018 plans. Good job on the guy that saw it coming in HN comments ! Note: I'm not bashing Stellar, I'm actually a big fan. : https://news.ycombinator.com/item?id=16216329
I feel really stupid. Back in 2015, their lead scientist David Mazières explained Stellar consensus protocol inside the Gates computer science building at Stanford to a small group of people back when Lumens were worthless. I was in that group of people and I completely missed the boat.
Dave is a brilliant guy. But the response to a lunch talk shouldn't be to invest in tokens.