what will be the impact of stellar giveaway on the price and circulation supply?

I wrote this already in the @stellarlumens telegram group, but I will copy and paste it here: Giveaway: Keep in mind that the price dropped when they gave away the 3 bln stellar: https://www.stellar.org/blog/bitcoin-claim-lumens/ Before the giveaway: $0.002828 https://coinmarketcap.com/historical/20161002/ After giveway: $0.002346 https://coinmarketcap.com/historical/20161009/ Price even dropped more, the price before the first giveaway was $0.002828 on october 2nd $0.001972 https://coinmarketcap.com/historical/20161030/ $0.001789 ttps://coinmarketcap.com/historical/20161120/ $0.001671 https://coinmarketcap.com/historical/20161127/ $0.001585 https://coinmarketcap.com/historical/20161204/ And the claimed XLM/STR was ONLY about 900,000,000 On October 6th there were 6,092,409,114 STR/XLM On October 9th there were 6,590,353,992 STR/XLM On October 16th there were 6,851,353,993 STR/XLM End of the year, december 25th: 6,921,534,188 STR/XLM In januari the price was back to the same as before the giveaway. There are now ONLY 9 BLN stellar and they will giveaway 16 BLN!!! https://www.stellar.org/blog/bitcoin-claim-lumens-2/ So if only 2 BLN will be clamed, I will foresee a price drop of more than 50%

so we will lose more than 50% of what we hold, I think its better to sell all my stellar before giveaway. please advise sell or hold?

Looks like someone has a big short placed on Lumens and is trying to spread panic and fear. Many accounts over the internet are writing articles like this on steem.it. The first giveaway had literally ZERO impact on the price! Was there, saw it! There was not even close to 1B claimed from 3B. They allocated the remaining Lumens for the build challange what resulted in many great project and the price went up 2000%, I don't think there is even going to be 3B claimed this time. Nobody can predict what is going to happen. Saying "I will foresee a price drop of more than 50%" is just plain stupid. I foresee a price increase of 120%. We are going to 0.1 USD. We know now for 3 years that SDF is going to distribute 90 Billion Lumens. Don't you think that this is calculated into the price? Be careful with your shorts, you may loose everything. This posts are not fooling experienced traders.

You can't pick and choose the prices you want to post. You forgot to show the .003 peak in October, so don't try to scare everybody to sell lumens when they get them. Plus, the price eventually skyrocketed just as it will do again this time.

Not scaring people, these are facts. You can look it up yourself, links are included, so you don't have to do any work, already did it for you. Price stabalised in jan 2017. People who do not trade and just hold on to their stellar don't have to fear anything. Eventualy it will go up again and surpass it's all time hight (ATH). But a price drop after the giveaway is very likely for a few months.

Everything went up in april and may this year due to the massive BTC price increase, has nothing to do with de posted facts about the prices after the first giveaway. Do your research before you type something, like I did. And no, I'm not shorting, come and visit @stellarlumens on telegram, it has 1k users, you might learn something.

Nice , am i in?? Still confuse how's this work.

OK guys I'm thinking another scenario. The current marketcap is around 350M euro. When giveaway starts then the lumens in circulation will be around 27B which will send Lumens with new marketcap ~900M at 9th place. Of course this marketcap will be fake but I read that the same thing is valid for the ETH because large number of ethers are owned by Ethereum Foundation and not by the investors. So with the new 9th spot in the chart a lot new investors could be attracted. But this is one happy path I want to read not only the dark ones a read above :) One week and we will find out...

That would be nice. Maybe the price correction already happened last month and Maybe the price will keep stable during/after the giveaway, that would be great since the general believe is that the price will be corrected downwards for some time. Would be a very good kick for stellar if I'm/we are proven wrong. Well we have to see and wait.

Giveaway impact

radneyboy

Our next stop will be $0.1

Housam

giveaway impact collapse the price to $0.01

Rsdntevl

How on earth can Stellar survive more giveaways?

Currently only 15% of the total supply is in circulation. They plan to give out 95% total, that's 80% more to be given out!

The price will collapse to nothing when all is said and done...

The previous 15 billion giveaway destroyed the price.

b3no

The whole market is down. This has zero to do with the giveaway.

You spammed this message in every stellar forum/subreddit. I guess you don't really care about a discussion, just trying to spread FUD. Hope you closed your short, because it's going from now on only up.

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