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RE: Stellar Lumens (XLM) - Analysis (80% POTENTIAL PROFIT)
Great update... the technical picture is becoming more clear now.
According to John McAfee: "Coin of the week: Lumen (XLM) - called Stellar by some - though Stellar is the name of the network that created the coins. One of the fastest and cheapest crypto transactions. Lumens facilitate the financing of Third World projects and is called by some “The next Bitcoin”. "
Please don't take McAfee seriously. His clownish antics with "coin of the week" hype have drawn much criticism.
Anyway, XML is a great coin and has lots of potential as already it is used by some applications for money transfer. Compared to XRP which recently had had a bit of a pump and dump, XML is going places.
Having said that, we got to be on the look out for new contenders like Zilliqa which could scale better than these coins and I saw somewhere its testnet has done 2,500 tps, which is a lot compared to most coins.
Yeah I saw that. However, he's been pumping so many coins lately that I don't think it has the same impact any more. It's a strong long term hold nonetheless :) Thank you for sharing your thoughts here on my blog.
I agree its a great long term hold and about as safe as a hold you will find in crypto.
There are so many pumpers out there it's hard to keep track! Best let price do the talking ... cheers
Yeah, I try to keep this blog as neutral as possible. I will be transparent on coins I hold etc.