Tomorrow is going to be the second time that Lumens are being distributed to bitcoin holders come tomorrow. They are distributing them by how many bitcoin you currently own via a snapshot that was taking this morning. All you have to do is show that you actually own these coins by signing a signature on your wallet which can be easily done. If you have coins on Kraken, BTC38, Poloniex, Deribit, Yuanbao, NaoBTC or Bit-Z, your account will be credited automatically. And you don’t have to sign anything.
If you don’t know about Lumens they are the tokens of Jeb McCaleb’s most recent project, Stellar. He is the original creator of Mt.Gox before he sold it to Karpeles and he is also the creator of ripple. The project seems interesting and the lumens that are being distributed are completely free so I thought I would bring attention to those who didn’t know. I missed out on the first one and wouldn’t want anyone to miss out on the next. You can learn more about the project here (https://www.stellar.org/).
The only thing that might be controversial with claiming the tokens is that you do need an activated Facebook to make sure you arent in an area that the US has full economic embargos with, which I assume you arent, or you might not be on Steemit. I believe this might be the last free distribution, but if not perhaps we can talk to them about linking a Steemit account instead in the future.
There are a variety of web wallets to hold the tokens, or you can just use the regular old client wallet. More info on the wallets you can have is here (https://www.stellar.org/about/directory#wallets).
If you want to look at the actual post that was made in march talking about the distribution coming tomorrow you can see it here. (https://www.stellar.org/blog/bitcoin-claim-lumens-2/) .
It also will link the address to claim Lumens tomorrow, but they might have another post so look on the website. The claim lumens thread is probably your best bet. Hopefully we will get a decent amount. I think the price went up recently so it might be an okay amount. For me I will probably just hold it and maybe they will be worth more in the future.
-Calaber24p
That they want you to authenticate BTC addresses with Facebook makes it a non-starter for me. Makes my BTC addresses dangerous.
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This is what scares me, I am going to use a new address the second I link my facebook so I cant be connected. I WOULD HIGHLY SUGGEST EVERYONE READING THIS DO THE SAME.
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Use Kraken or one of the other affiliated exchanges. They do it automatically.
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Yep you're right
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You can find more info here if you'd like. https://steemit.com/bitcoin/@walkingkeys/free-money-bitcoin-holders-can-receive-free-crypto-from-steller-learn-how-here
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i'll read that, but linking a facebook account to a BTC address is total non-sens in my point of view.
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I agree. That is why I switched some BTC to Kraken so I don't have to do any of that.
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Seem like Poloniex users got screwed by the exchange:
https://steemit.com/stellar/@coinlend/poloniex-refuses-stellar-lumens-airdrop-distribution
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Nice blog. Thanks for bringing this to our attention. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview. I found this amazing platform: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. Check for example: https://www.coincheckup.com/coins/Stellar Lumens#analysis To watch Stellar Lumens Report
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oh damn looks like I missed out. I was planning on making a btc wallet and getting my coins out of coinbase for this.
Thanks for the info though!
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Same thing happened to me bro!
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Damn sorry, I really should have made the post yesterday, but I mistakenly wrote down the 27th as the screenshot date :(
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Oh its all good, I knew about it before then I just procrastinated lol
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Oops, I converted them A day before yesterday to FCT expecting a hike.. But seems , I loose
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I made quite a bit with lumens (stellars). I bought it 2 years back at $2 per 1000. I sold it a few weeks back for around $40 per 1000. I exited out of Stellar because of this giveaway. There are currently 9 billion Stellars in circulation and they are planning to giveaway 16 Billion Stellars during this giveaway. I feel this will highly dilute the value of Stellar but of course those who have BTC it's some free stellars for them
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I sold my the other day too when they hit $.04 each. Made a nice little profit.
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One more tip
If you do not have BTC, don't miss to buy Stellar cheaper in days after dillution.
They are sharing coins that are twice as big as recent circulating supply. There is a high probability that the price will fall because some of those who have a Stellar will want to sell it.
So, watch the market and jump in when you feel it is near the bottom.
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Thank you for showing us this, sounds like a great opportunity to own some lumens, thank you my friend, GOD BLESS YOU !!
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Free money, must you Facebook... ugh...
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Yeah it sucks, when they announced it I said it was a bad idea, but they want to say they did things by the book if the government asks, which is funny because there is really no book for crypto at the moment.
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No, if you have your BTC on Kraken or affiliated exchanges, then they will do it for you automatically.
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Thanks for sharing about this. Always interesting to learn more about what's going on on Steemit
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Wow great news! Looking into this now!
OF course I live in new york...
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I know its stupid, hurry change your location on Facebook :)
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Awesome thank you
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Thank you friends for the information ,,, success always make yourself.
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Wow, great. I will look out.
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Not only no but hell no. im sorry sounds great in all but I dont trust it with the US Gov trying to crack down on people who own crypto i dont trust it. and all in all (don't mind if i put on my tin foil hat for a sec) there is evedance that leads some people to believe that the Gov had a hand to play in the creation of ripple I cant say if its a fact or not but I would't want to show my bitcoin no matter how big or small my wallet was. now as far as to trade and buy ripple and stellar yea I couldn't say i wouldn't but to verify that I even own a single penny of Bitcoin ( even an off chance ) to the US Gov not worth it ...... but thats just me!!!!
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Thanks for the information, I don't know about this, will check it later.
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To be frank, I don't believe in 'Free' Things. Companies always have some agenda behind some free distribution of tokens. So, If I were you, I'd be extra cautious about it. After all there ain't no such thing as a free lunch.
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If you have your BTC in Kraken then it is done automatically. Stellar wants to gain awareness among Bitcoin holders and this is looked as a long-term investment. They did this back in March too.
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well this is interesting, never heard of it before, thanks for sharing
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Sure, spending your life savings on STELLAR might have been the best thing you’ve EVER done…
But you made the bought XLM, you did it with one thing in mind… SHOOTING FOR THE MOON.
XLM has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing XLM, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days.
Check it now - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/stellar-boom-to-the-moon-shirt
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don't forget, all holders of BTC, LTC, and DOGE on May 12th, 2014 also have a few bucks worth of CLAMS you can still "dig" https://bitcointalk.org/index.php?topic=623147.0
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I got my coins on coinbase, n00b mistake :(. I was planning to create a bootable linux usb to create my wallet and store keys but ran into issues with linux oddly.
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Mine started there too, but I switched them to wallets and to Kraken for the sake of this giveaway.
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Followed you!
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Sure, spending your life savings on STELLAR might have been the best thing you’ve EVER done…
But you made the bought XLM, you did it with one thing in mind… SHOOTING FOR THE MOON.
XLM has that 10X factor, which you will have to when you wear this shirt in public. You will get the attention of others HODLing XLM, and their girlfriends.
This comfy 100% cotton shirt can be shipped out in a few days.
Check it now - https://shirtspice.com/collections/cryptocurrency-t-shirts/products/stellar-boom-to-the-moon-shirt
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this is great!
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