I helped someone claim their Stellar Lumens tonight and wondered if my Steemit followers have claimed theirs as well. If you owned Bitcoin or Ripple as of a specific date (and still have access to those private keys so you can sign a message), then you can claim some Stellar Lumens (XLM) based on their distribution described in detail here: https://www.stellar.org/blog/bitcoin-claim-lumens-2/
If you're thinking about doing this, you need to hurry because the deadline is August 27th.
Also, much like Steemit did early on, they authenticate with Facebook as part of the process, so that might put some people off.
If you already did this, you can check your balance at the stellar laboratory.
If you're looking for a local wallet to keep your Stellar, I installed the wallet from Github and it seems to work great.
I now have a nice little chunk of XLM, and I think I'll hold on to it a bit and see what happens after August 27th. Is it possible the distribution up this point has kept the price low? Could the price rise as the supply/demand curve changes? I'm interested in finding out. Here's the price info right now:
If you have your bitcoin on a paper wallet, this post can help: Step By Step: Getting Your Bitcoin Cash out of a Bitcoin Paper Wallet. It's the same basic process here in that you import your private key into Electrum and then you can sign the message they ask you to sign in order to claim your XLM.
If you're already going through this process, you may want to look into Byteball as well. The next distirbution is in 11 days on September 6th: https://byteball.org/
I hope you found this useful! Let me know if you've claimed your Stellar and what you plan to do it with, if you're going to hold or sell.
Oh, also, while we're talking various cryptocurrencies, if you're looking for a way to manage your holdings you may find my Cryptocurrency Bank Spreadsheet from 5 months ago useful.
Thank you! Didn't know that Stellar share dropped on Bitcoin. Really useful and timely reminder!
Thanks for Good info. I don`t know ripple is also related with this..
Great reminder! Got mine and dumped them for Bitcoin. Always enjoy free $$
Thank you @lukestokes for reminding people. I cannot claim some but I am sure you"saved" money to a lot of your followers.
Following you now !
Nice! How can we complain about free money. :)
Thanks for the heads up. I had not heard of Stellar Lumens until this morning. Now I have a few thousand of them. I also like free money :)
Glad to hear it Sean. :)
Ive tried a couple times it just says cant find this bitcoin address. I wish I could get stellar with all my bitcoins! Im assuming that because I moved my coins from bread to electrum after june 26 it doesnt work? I give up :(
If you moved them, you need to use the original address where the bitcoins were before June 26th. Do you still have the Electrum wallet? The address there is the one you want to use. You may have to view all addresses within Electrum to find the right one that had BTC at the time of the snapshot.
Thanks for your help! I found my old wallet that I sent my bitcoin from last and was able to sign those addresses to claim my lumens. I'm surprised it worked seeing that those old addresses don't contain btc.
Cool! Yeah, it's based on a snapshot. If they contained BTC at the time of the snapshot, you're good to go.
i'm guessing this will be the same problem for me. I had bitcoins on a blockchain wallet, but moved them since.
You just need to use the address where your bitcoin were stored prior to moving them. If you still have access to the blockchain wallet, you should be able to get access to the public and private keys where they were stored.
A lot of people stayed away from Stellar because of the Facebook verification thingy, but I don't see it as a serious issue because they're just using the verification to make sure you're not from any jurisdiction that has problematic legislation.
At least that's the impression I got from reading their FAQ.
Yeah, that seems to be the case as well. And... even if they did use that information against us, how would we? More on that here: Privacy, Identity, and Human Flourishing.
well, i wasn't in crypto yet in june so thats not an option but the byteball is taking place on sept 6th so if on the 5th i put all i have in bitcoin and then sell back on the 7th that is ok? (and hope bitcoin doesn't plummet in those 2 days)
and we get free coins for that... cool
For the Byteball drop, you do need to have bitcoin in an address you control and register using their transition chat bot within their client. But yes, in theory, you can buy bitcoin, get your Byteball and then sell your BTC after that.
@lukestokes - Heard of Lumens for the first time through your post. Excited, I checked out the giveaway and found that they had taken a BTC snapshot on 27June2017. Sighhhhh. Had hardly any BTC then. I am so new to Crypto and Steemit. Still, thought I had something on that date in Bittrex so rushed over to Bittrex and after some research, found that Bittrex had already received Lumens for their entire BTC holding and had distributed to customers. Missed that boat too by a few days. Well - that is life in general. Murphy was a very wise man "who said the doorbell will always ring when you are in the shower" - I do get caught in the shower like this and miss some opportunities when they knock. Whoa - mixing my metaphors big time here! LOL.
Anyways - I am sure you saved some Lumens for some Steemians. Kudos. Upvoted.
Regards,
Appreciate the info!
thanks for the reminder..!
Great way to earn money thanks for the recommendations
Sadly, i have my ripple on my exchanger. I am not sure i will get xlm from my ripples.
Same.
If you don't own the private key, you don't own the cryptocurrency.
Keeping your funds on a centralized system is old, pre-bitcoin thinking. :)
I have bitcoin on my electrum wallet, I was able to get my btc address for receiving before the June26 you mentioned, but the problem is i try to sign/verify, i input the message i want and the answer, then i sign. It brings some alphanumeric characters. However, when i copy this and input on the lumen page, it say signature invalid, please try again. Can you guide me on what to do?
Did you put in the correct public address when you signed the message?
I used the electrum bitcoin wallet address that was used iń receiving the btc then.
Welp, everything is on the blockchain so you should be able to trace things around via blockchain.info to see what's up.
Sure, if you deal with big amounts.
But that is also a convenient way for new incomers who are not investing a lot yet.
If you don't own the private key, you don't own the cryptocurrency.
meep
There are some amazing deals out there with some of the coins on the maret that most people don't know about. Good on you for sharing and making people more aware of one of the lesser known freebies
Yeah I saw that a month ago, but thought an ID was needed at the time. Thanks for the info. I am still not comfortable with giving my FB.. Just to gain a few XLM.
I'm confident that I don't have any floating around out there but I did enjoy the read and I also learned something from it, thanks!
Thanks for the post @lukestokes. I've learnt something new.👍
thnak you information on steemit
If you vote me, you will not be able to leave anybody with you, you will vote as you go ahead but we will give support to each other
Great info! I wish I knew about it some days ago. I'm traveling now and cannot claim my stellar. Which also makes me look over my travelling routines, hehe
I didn't realise how they are giving away stellar lumes at the moment.
I'll be sure to claim some before the deadline . I'm glad I caught this post just in time.
Thank you for letting us know @lukestokes. I'll also now have the byteball distribution on my radar
Excellent!
I also have a chunk of these. I still don't know exactly what to do with them. Probably keep and see :)
I'm curious what will happen once they stop distributing them.
As many, I guess.
What? Are we getting Stellar Lumens for our Bitcoins now? Why? What? :D
This has been mentioned a number of times in various places, but I guess all things need to be repeated. If you own BTC or Ripple as of a specific date, you can get some Stellar. But you have to hurry as the offer ends soon.
Its always great to get the freebie asap before it ends. Good that Lumens still give out freebie for BTC holders. Thanks for sharing
great post ....I am a new steemians, maybe i should study first with you, regards know me
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I followed and upvoted.Would you like to follow and upvote me.
Stop spamming people.
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We all hate spam. Don't make us hate you.
I am a new steemians, maybe i should study first with you, regards know me
https://steemit.com/@techinformation please follow me
I followed and upvoted.Would you like to follow and upvote me.
Stop spamming people.
Congrats on your success! I love hearing I played a small part in you sticking around and finding enjoyment here. :)
The next phase is to move beyond earnings. That's when you'll truly find great value here. :)
I think we all go through the same process. First the money draws us in, then we get frustrated because others seem to be doing well but we aren't, then we start to make some progress, then we slow, eventually, realize it wasn't about the money after all.
During my journey, at one point I hid the $$$ for 24 hours. I think it was one of the best experiments I've done here.
The conflict you feel, perhaps, is conflict with yourself. You can say it's taking you away from the lifestyle you love, but the reality is you are choosing connection, relationship, and interaction. You are choosing by your actions to be here. Steemit bridges the gap between digital and physical and causes us to see ourselves and others in a different light.
I think it's amazing and fantastic.
If we have to set limits for ourselves it may be because we are trying to escape something about ourselves, and we know that isn't right or healthy. Balance brings peace.
Keep in touch and don't get lost in the crowd. :)