What is Stellar? Should you invest in Stellar in 2018?

Stellar (XLM): Stellar is an open-source protocol for exchanging money using blockchain technology. The Stellar network can quickly exchange government-based currencies with 2 to 5 second processing times. The platform is a distributed ledger maintained by a consensus algorithm, which allows for decentralized control, flexible trust, low latency, and asymptotic security.

Servers run a software implementation of the protocol, and use the Internet to connect to and communicate with other Stellar servers, forming a global value exchange network. Each server stores a record of all “accounts” on the network. These records are stored in a database called the “ledger”. Servers propose changes to the ledger by proposing “transactions”, which move accounts from one state to another by spending the account’s balance or changing a property of the account. All of the servers come to agreement on which set of transactions to apply to the current ledger through a process called “consensus”. The consensus process happens at a regular interval, typically every 2 to 4 seconds. This keeps each server’s copy of the ledger in sync and identical

2018 Forecast for Stellar:

Altcoin Forecast predict that XLM will gain about 35% against a Bitcoin. Compared to its current value of 0.00002935 Satoshi’s, this forecast service expects the price to reach as high as 0.00004664 Satoshis.

Note: A Satoshi is the smallest unit of a Bitcoin. 1 bitcoin can be divided into 100,000,000 Satoshis.

Altcoin Forecast also includes a short-term prediction as well, expressing a predicted short-term gain of about 10% from its current price.

Wallet Investor updates prices and predictions every 3 minutes using the latest technical analysis. As it currently stands, the site includes a 1-Year Forecast of $0.351, and a 5-Year Forecast of $0.974.

This stands slightly lower than the first prediction, however, this price would still offer you a ROI (return on investment) of 5x if you invest at the current price.

The price forecast at Investing Haven is very optimistic, predicting that Stellar could be worth $4 this year. The team says that this is an achievable XLM price prediction as long as there aren’t any major security flaws and the overall sector preforms well.

Monetize believe that Stellar’s major partnerships will be the reason behind an upcoming price surge, which the forecaster says will result in XLM’s price reaching $2-$3. Monetize is not wrong about the high-profile partnerships. Beyond IBM, Stellar’s partners include Stripe, Deloitte, and ICI Bank.

Stripe has given Stellar a 3-million-dollar capital injection a few years back which Stellar immediately returned in XLM.

For this and other $1.00 XLM price predictions, Oracle Times pointed to IBM adding 8 new validators to the network back in December. Jed McCaleb’s announcement about 30 banks partnering with Stellar was also cited in the article. In addition to the banks and IBM’s validators, partnerships with SatoshiPay, Mobius, and Hashcash (among others) were also mentioned.

Crypto News predicted that the price of Stellar could hit the $1 point as early as January 2018, and it nearly did around January 3rd – 4th when it reached a height at $0.94. The price, however, has fallen significantly since then.

The following predictions are two very different, highly speculative price predictions. Do not let either one of these XLM price predictions scare you or cause you to become too excited. Remember, crypto is incredibly volatile, the prices can be up one moment and down 50% the next. So, please read and act with caution.

Jio Phone Cryptocurrency forecaster has a very optimistic future predicted for XLM price predictions in 2018, all the way up until 2020. They say that the prediction for April 2020 is $8.08, moving even higher to over $12.00 towards the end of the summer in 2020.

Going even further into the future, the website predicts that the coin will reach $50 USD by December 2021. Now, wouldn’t that be epic for investors!

This website features a long-range of forecasting models to make market forecasts for corporate clients. The analysts use mathematical and statistical price models based on historical price trends.

This website predicted that in 2018 the Stellar price prediction will drop to $0.15 from where it currently stands at $0.19. The website also has its own price prediction for 2020, which says Stellar will see a high of $0.64 in 2020. This, quite clearly, is by far the most conservative and pessimistic of XLM’s price predictions.

Please note that these forecasts can change because, as mentioned, the forecasting model uses historical trends when they are calculating price predictions. This means that the tools they use are constantly updating information as new prices come in.

So, it seems as if most analysts have predicted a positive outcome for Stellar’s short and long-term future.

Is Stellar a Good Investment?

According to a recent post by Data Driven Investor, when Venture Capitalists sink money into a company, two of the most important questions they ask themselves are these:

1) Are there some easily identifiable uses for the product?

2) What kind of team does this company have behind it?

Stellar knocks both of those questions out of the park and certainly has a great use case and a solid team. Throughout all these XLM price predictions, some of the same three things continued to appear — the technology behind the Stellar blockchain, the development team, and the partnerships.

Stellar price predictions 2018: Stellar is a platform which has been created to enable digital asset transfers. The organization which has developed it is the stellar development foundation. It is a non-profit organization. In the last 12 months, the performance of the cryptocurrency has been outstanding. The overall gain is even more than 900%.

Most of the investors are keen to find out whether it can provide a significant positive return in the current calendar year or not.

Conclusion:

If you were to take the average of all the price predictions we listed today, each Lumen will be worth about $1.63 cents by the end of 2018.

Although Stellar fell from where it was in January 2018, if you compare it to where it was in April of 2017, the coin has still risen 2,900% in one year!

The only immediate short-term concern that I see is the overall market being down at the current time. But once the market recovers, Stellar could stand high on the shoulders of the gigantic cryptocurrency market. It is important you perform extensive research before investing. Not only that, but you should consult a financial expert too.

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