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written by reader What is the cryptocurrency Jim Rickards is about to recommend Saturday?

By arnosthe1, January 19, 2018

In an email from Rickards today (jan. 19) he says he will reveal his only crypto recommendation tomorrow. I figure if I knew what it was I could beat the stampede.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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tdmalin
tdmalin
4 years ago

My guess is Stellar Lumens (XLM).

jamespaul108
jamespaul108
4 years ago
Reply to  tdmalin

Yes, I think it has to be. IBM announced its move into Stellar in October 2017.
https://www.coindesk.com/ibms-stellar-move-tech-giant-use-lumen-cryptocurrency-payments-rail/

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Steve
Steve
4 years ago

I think it is Stellar Lumens… Da

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Sean
Sean
4 years ago
Reply to  arnosthe1

I think it’s deplorable that any of these raquets are allowed to continue with their predatory practices of deceptive advertising, along with their outlandishly excessive fees. Why doesn’t the state attorney general’s office do something about them?

loglog
loglog
4 years ago

Call over, yet no mention of which currency he is hinting at… unless you subscribe to another product. For $2k. Mentioned partnership with IBM, which further supports the XLM hypothesis.

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helloopop
helloopop
4 years ago

XLM does appear to have a relationship with IBM (just search), but ADA is another currency that is around .70.

Not sure either of these has the potential to zoom up more than 10x over time if you go to coinmarketcap and check their total units vs. price.

I would love them both to go much higher, cuz I own both, but if XLM has a 17B supply of units x current price of $.53/unit = around $9B of market cap.

If it increased to $5.00/unit, that would be around $90B of market cap. Bitcoin is currently only $216B of market cap. In conclusion, if XLM went even 10x from its current pricing, it would be move from #9 to #3 largest crypto and that would truly be Stellar! 😉

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Tom
Tom
4 years ago
Reply to  helloopop

If you look back just a week, even the price of XLM lines up – it was about 70 cents. 99% sure it’s XLM. In fact, I just dropped about another $2K on XLM, rather than paying his fee to find out it’s XLM. 🙂

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Sean
Sean