Is XLM a serious competition to XRP

[crypto2libertas]

There are a lot of good news for XLM lately such as

- Ibm partnership - IBM is building blockchain systems for 7 major banks

- satoshipay partners with XLM

- visa rumour

It seems news wise XLM is doing much better and sometimes the better technology necessarly doesn't win

What are your thoughts on this ?

 

[Pluto]

No

[JA8]

2 hours ago, XRPisthefuture said:

There are a lot of good news for XLM lately such as

- Ibm partnership - IBM is building blockchain systems for 7 major banks

- satoshipay partners with XLM

- visa rumour

It seems news wise XLM is doing much better and sometimes the better technology necessarly doesn't win

What are your thoughts on this ?

 

I don't think it's much of a threat to XRP long term as XRP has incredibly strong (stronger) fundamentals imo. However, that does not mean it won't be more valuable in the short to medium term, because these markets trade the technicals more than the fundamentals. I think the IBM announcement / Visa rumour / Satoshipay news is probably sufficient to propel it to a similar value to XRP,  just as a result of speculation - people will think it is underpriced relative to XRP.

It may even overtake the XRP price because once there is a solid, healthy looking uptrend for a period of time, there tends to need to be bad news or a parabolic fomo spike to interrupt it or send it downwards. XLM currently has a very nice-looking chart. One of the healthiest, most robust charts out there at the moment. There will probably be a psychological barrier at the XRP price level, so will be interesting to see what happens around there. 

I own both XLM and XRP,  just in case. 

There have been stirrings of upcoming announcements from XLM also.

Edited December 2, 2017 by JA8

[zenkert]

32 minutes ago, XRPisthefuture said:

There are a lot of good news for XLM lately such as

- Ibm partnership - IBM is building blockchain systems for 7 major banks

- satoshipay partners with XLM

- visa rumour

It seems news wise XLM is doing much better and sometimes the better technology necessarly doesn't win

What are your thoughts on this ?

 

No, no and no! It is Jed just showing his Head

Edited December 2, 2017 by zenkert

[xrp_moonjet]

I can't watch XLM reaching the same market cap as XRP.. @RIPPLE LABS : Send some more exciting news to the market plzzz

[vanhalendlrband]

So let me get this straight for the possible rumour of visa and stellar it pumps and ibm.

ripple is with amex and barely moves lol.

[Rchopra]

Let me answer it this way. There are lot of shitcoins which are multiples of USD does that mean, they are threat or competition to usd/fiat....? No. Because price short term only reflects speculation in market and it does not reflect fundamentals which are the basis of anything that wants sustainability in longterm.

Edited December 2, 2017 by Rchopra

[JA8]

Just a heads up. Jed McCaleb is speaking on Weds at the SparkChain conference. Leaked documents from Palm Beach suggest that there will be a very big partnership announcement, potentially bigger than the IBM deal. It could be Visa, if recent rumours are anything to go by. 

[crypto2libertas]

And Satoshi Pay is set to go Live on 6th of december

[Guest]

In terms of ROI yes, but I cant bring myself to hold it. On principle I am happy with returns or losses elsewhere then getting burnt again.