Xlmedia Share Discussion Threads

[thorpematt] 27/12/2017 15:50

Yes mystery solved.

£ / $ I monitor EVERY day since I hold a couple of commodities (mnostly Copper at the moment....that's a buy BTW) but yes circa 1.33 is a fair one to keep in your head these days.


Incidentally just looked at my notes here and "growth stock / normal vauations do not apply" are probably my most relevant commentary at this juncture.I'd say that as long as XLM keeps churning phrases like "materially ahead" then the share price only goes one way. I was hoping for a bit of re-trace here because I really like the look of 2018 for XLM...but we'll see what the market brings I guess.

[eagle eye] 27/12/2017 15:20

Stuart37,
The figures you quote are for US cents, not £ Sterling.
Cenkos 21st November note pencils in EPS of US 15c and 16.9c for the year to Dec 2017 and 2018 respectively, which at $1.30 to the £, equates to an EPS of 11.5p and 13p.

[stuart37] 27/12/2017 11:50

2017 EPS forecast is 0.15 and 2018 is 0.17 - both according to Stockopedia.

[michaeljames1] 27/12/2017 11:34

Do we have forecasts eps anywhere? Potential but at the mo on a bit of weakness right now.

[morph7] 25/12/2017 12:06

Merry Xmas XLMMay you bring me another 86% gain in 2018

[oneillshaun] 24/12/2017 18:37

my prediction xmas 2018 300p xmas 2020 500p during that time one or two failed offers.

[adamb1978] 23/12/2017 12:47

Very happy holder having bought in at 65p a few years back; only annoying thing is having top sliced a year or so ago!

Agree with some of the sentiments above that some news must be in the offing - they'll have net cash around 10% of market cap by year end which is way above being a safety cushion. Assume there will be some comment either that if they haven't announced an acquisition by [date], then they'll pay a special divi of [y].

Separately, would be interested in others' views on what will happen to XLM in a downturn (assume a 'normal' recession, rather than bank-led recession per the last downturn) - I'm using some quiet time over xmas to look through the portfolio in more detail and in particular the susceptibility to a recession (rather than just equity market correction). Reason being that obviously the impact of a recession gets magnified if a company needs to raise equity given that it they're then issuing paper at a low price. For XLM, even without cutting costs, turnover would have to drop more than 50% before the company becomes loss-making, and they still have a cash pile to cushion then so it feels safe-ish (relative to the market). I'd be interested in any views on what might be a realistic top-line decline over 8 quarters from a typical recession.

Thanks

Adam

[blueeyes13] 23/12/2017 04:58

Oneillshaun that was an excellent call on 200 for Xmas and everyone is delighted to see it. Well done! This is now my largest holding. Looking forward to great things here in 2018 and compounding returns over the next few years should business perform and any acquisitions are executed well. 300p by next Xmas? Funnily enough I also have a large holding in TAP and thought that would be the winner by Xmas with XLM being more of a steady grower, funny how things turn out in the market...hopefully great things for TAP too in 2018.Best wishes to everyone for the festive season. Regards

[oneillshaun] 22/12/2017 18:00

Well 200p for xmas was met just about and 66% up on buying back in this year subject to nothing crazy happening next week.

Merry xmas guys not a bad xmas gift.

[malcolmmm] 22/12/2017 09:54

Found the same,lots of buys this morning,no movement as yet,should be up 3p to 5p imo

[nimbo1] 22/12/2017 09:20

FWIW I had a small average up here this am and had to go to N/T as not much stock around.

[cwa1] 22/12/2017 08:31

SR here according to this:-

[thorpematt] 21/12/2017 12:10

usually SR is last 10 days of trading for the year...so I am long FTSE

[panic investor] 21/12/2017 11:09

Totally agree - not happening this year and didn't think it would

[acamas] 21/12/2017 09:09

nimbo1,

I think as the years drift by the Santa Clause Rally is over hyped

[nimbo1] 21/12/2017 08:31

could do I guess, I honestly don't know. Its a period where plenty are on holiday and there are weak trading volumes - don't see a santa clause rally myself this year - although you could argue the last 12 months have been one.

[acamas] 21/12/2017 08:28

nimbo1,

Could we put these uncrossing trades down to Main Dealers being on leave and their underlings not rocking the boat. I have observed this happening on 2 or 3 of my shares this week. If not that then is it just a quiet trading week?

[nimbo1] 21/12/2017 08:18

It was just a very strange uncrossing trade, seemingly. Really happy holding here into 2018 and looking forward to the jan update.

[oneillshaun] 20/12/2017 23:23

200p for xmas is starting to look dodgy.

[hootza616] 20/12/2017 16:20

hxxps://oracletimes.com/why-stellar-xlm-will-reach-1-usd-sooner-than-you-think/

[hootza616] 20/12/2017 12:06

I agree lagmassive,
My expectation is a slower but more steady rise than the other altcoins.
A little off track at the moment though!
When the hype has died away the coins that are actually in use accross the globe will be the valuable ones and Stellars business plan is floorless.
Any other coin is either too difficult to use or too unstable to price goods and services against.

[lagmassive] 19/12/2017 21:34

Stellar initially created 100 billion tokens, and distributed a fraction of that to the market through various means including auctions, giveaways, and airdrops. Stellar also has a 1% annual inflation on top of the original 100 billion tokens. Note that new tokens issued via inflation accrue proportionally to existing accounts that participate in Stellar's weekly 'inflation voting' process.

Sounds a bit like dividends but at 1% annually of the distributed public ownership of xlm to keep the price of xlm coin from spiking up or down? Does this mean that the price will still increase (hopefully considerably) but more steadily?????

[lagmassive] 19/12/2017 21:02

Hootza

It's that very same news feed that made me question the potential increase in value of xlm especially when considering:

It’s also worth remembering that Stellar is a nonprofit organisation aimed at creating a more inclusive world economy for everyone. A high price for Lumens might undermine that goal, prevent people from listing their XLM on the ledger to facilitate exchanges and drive up the average cost of transfers, so there’s a real incentive to keep prices in check.

It’s safe to say XLM prices won’t ever skyrocket in value the way bitcoin has.


I suppose one of the reasons benn has used xlm is the stability that this inflationary measure brings. However, it is this point that I don't fully understand and its possible affects on the value the xlm coin over time hence why i only have a small amount compared to my iota coin. Only time will tell I suppose....

[hootza616] 19/12/2017 11:15

How to buy Stellar Lumens (XLM) in the US
16 December 2017
See how the Stellar network works, and what you can use Lumens for.

Stellar lets anyone send, receive or trade any kind of currency, whether fiat or crypto, with anyone else in the world almost immediately and at practically no cost.

Lumens (XLM) is the name of the cryptocurrency token, while Stellar is the name of the network as a whole, and it’s a cryptocurrency with a difference.

Find out where to buy, how it all works and what you can use Lumens for.

Where to buy Lumens
Buy with How it works More information
Stellar Decentralised Exchange Japanese Yen (JPY)
Euro (EUR)
Philippine Peso (PHP)
Chinese Yuan (CNY)
Ripple (XRP)
Bitcoin (BTC)
Elastic (XEL) Look for sellers on the main Stellar Exchange. The available purchasing options may vary depending on what listings are available at the time. Learn more
CoinSpot Bitcoin (BTC)
Litecoin (LTC)
Dogecoin (DOGE)
Note: The Stellar Lumens symbol is STR on CoinSpot instead of the more common XLM.

Trade BTC, LTC or DOGE for XLM on the Australian-based CoinSpot exchange. Learn more
Changelly US dollars (USD)
Euro (EUR)
30+ cryptocurrencies Buy with fiat currency (USD/EUR) or trade other cryptocurrencies for XLM. Learn more
Poloniex Tether (USDT)
Bitcoin (BTC)
Note: The Stellar Lumens symbol is STR on Poloniex instead of the more usual XLM.

Trade for XLM on the Poloniex cryptocurrency exchange. Learn more
Bittrex Bitcoin (BTC)
Ethereum (ETH) Trade for XLM on the Bittrex cryptocurrency exchange. Learn more
Kraken Bitcoin (BTC) Trade for XLM on the Kraken cryptocurrency exchange. Learn more

Why is Lumens sometimes called XLM and sometimes STR?


Wallets that support Lumens
The primary Stellar wallet is Centaurus, and it is available for Android and iOS. It was specifically designed for Stellar and integrates well with it.

The following wallets also support Lumens:

Ledger Nano S
Stellar Desktop Client
Stargazer
Stellar Portal
Stronghold
Blackwallet
SAZA
Papaya
StellarTerm
Lobstr
How Stellar works
Stellar is essentially a matchmaker for currencies and facilitates worldwide transfers and exchanges in any fiat currency and cryptocurrency.

It’s much like Ripple. The main differences are more of a focus on simplicity and scalability as well as on functionality to help move money in remote areas at lower costs.

There are three different ways you can do this.

Direct exchange. You can make direct currency exchanges. For example, if one person wants to trade USD for AUD and another person wants to trade AUD for USD, it can match them and automatically carry out the exchange for the requested amounts.
Exchange via XLM. Stellar can use XLM as an intermediary currency where the amounts don’t add up or there isn’t a direct exchange available. It simultaneously looks for buy and sell offers for XLM and the needed currencies. Once it finds a good offer, it then handles the exchange.
Chain of conversions. If no other options are available, Stellar will try to handle any currency by finding a chain of conversions, such as AUD to BTC to EUR to USD.
The Stellar network is simultaneously doing all of the above at the same time. When you make a transfer, it will aim to provide the best possible rates every time.

If you simply want to send or receive money rather than make an exchange, it can do that by directly connecting individual entities.


The different parts of Stellar
When using the Stellar network, you’ll typically use the ledger and anchors.

The ledger. This is a central ledger of every account on the network and the currencies it holds. This information is needed to make transfers around the network.
The anchors. These are trusted entities on the network that hold the currencies being transferred. An anchor might be anything from a bank to a person in a remote village who takes the money online and then hands the recipient the cash.
Why buy XLM?
Lumens is the network token, which you can use it to do the following:

Charge a very minor operation fee. A fee of 0.00001 XLM (almost nothing) is charged to senders for each operation in a transaction. This is purely intended to discourage DDoS attacks, which occur when people flood the network with meaningless transactions.
Act as an “entry pass” of sorts. You need to hold at least 20 XLM to use the Stellar network.
Exchange currencies where needed. If necessary, XLM can act as a universal unit of exchange for transferring currencies.
Security features
One of the notable features is the ability to freeze transfers. For example, you can freeze a transfer if you’ve mistakenly entered the wrong wallet address. This is unlike the irreversible transfers of most other cryptocurrencies.

Once transfers are frozen, the funds are unable to be used by the recipient.

All transactions on the network are public by default, but transactions can be made private and confidential through the use of third-party plugins.

And like other blockchain systems, the Stellar network is a decentralised application run on computers all around the world. This makes it almost entirely failsafe.

If the nonprofit Stellar organisation disappeared, its network would keep going.

What to consider when buying Lumens
The initial supply of Lumens was set at around 100 billion XLM, of which around 18 billion are in circulation.

It’s worth considering that Stellar has built inflation into its system, in the form of members getting gifted small amounts of free XLM over time. A fraction of the Lumens collected with each operation goes towards this inflation, along with other XLM released into circulation.

It’s also worth remembering that Stellar is a nonprofit organisation aimed at creating a more inclusive world economy for everyone. A high price for Lumens might undermine that goal, prevent people from listing their XLM on the ledger to facilitate exchanges and drive up the average cost of transfers, so there’s a real incentive to keep prices in check.

It’s safe to say XLM prices won’t ever skyrocket in value the way bitcoin has.

However, Stellar has also formed partnerships with companies like IBM and specifically aims to offer low cost, easy business money transfers. It looks like many organisations are aiming to use Stellar for their money transfer needs and wider use is likely to see prices climb over time.

Buying Lumens also gives users the means to more easily interact with a range of fiat currencies. Forex enthusiasts, frequent travellers or anyone else who can benefit from cheap, quick and easy access to a variety of fiat currencies might get their money’s worth from buying Lumens even if the price doesn’t increase.

If you’re considering what the price of Lumens will do going forwards, you might want to compare the features of Stellar and its close counterpart Ripple. The price increase in Lumens from 28-30 November 2017 saw a corresponding downswing in Ripple at the same time, suggesting that the value of these might be closely tied.

It may also present an investment opportunity for day trading Ripple or Lumens CFDs as well as investing by buying.