Total supply is 100 billion
Only around 280 million according to Mrvega (who is a moderator on their forum) has been distributed so far.

So in a nutshell it's a 99.72% premine and they have 94% control of current tradeable stellar (5 billion coins for themselves plus the 280 they issued so far = 95% of coins that can be put on an exchange).

Then the remaining 6% of coins are largely owned by early birds, people with tons of fake facebook and speculators, et cetera.  On their forum they already have people bragging about owning millions and tens of millions of stellar (most it one way or another coming from fake facebook accounts pre-verification requirement).

 So yes I would consider this coin to be a scam.  It's all capitalization manipuilation like Aurora coin pre-air drop, Marine Coin and Solar coin.  Very easy to manipulate a coin when you have 94% control of current tradeable coins.

 Really Stellar is a repackaged Ripple founded by a Ripple developer.  If you think it's a new company then you would probably enjoy the 'real wrestling' on WWE, a 8 year old thinks it real but an adult shouldn't.

Stellar is really just capitalizing on the 'egalitarian fad' that you see in upcoming 2.0 coins so they forked Ripple and tried to pass off the egalitarian rhetoric.

The problem is, while Stellar might be 'free', it's far from being fair distribution as Stellar owns 99.72% premine and 94% of current tradeable coins.  While they used to give out thousands of stellar, now it's down to $10 and a lot of people are reporting they don't even get the full $10 anymore!

BTW Ripple pulled the same junk.  Ripple promised to distribute its' coins but it never did.  Neither will Stellar.  They wouldn't kill off their own money machine.

Looks like Bitcointalk just made a whole bunch of instant millionaires in California.  All they had to do was copy Ripple, give it a reskin and a rebrand and pesto - easy several million.

Funny answer but far from being the norm among desert cultures. Pre-Islamic Iranic peoples didn't engage in the practice nor did the Mongols, the Meso-Americans or Atacama people who lived in the deserts.  Ancient Indian texts never mentioned it so we can probably rule out the deserts in Pakistan.   

It's like the Dodgers in LA.  You can't watch them as they have an exclusive contract with Time Warner and Time Warner, due to exclusivity agreements with other cable companies (can't poach each other's customers), is not accessible to the majority of Californians.

So what do people do?  According to the radio hosts they watch the Dodgers illegally from some server in Slovakia or Russia.  The most ironic thing is having to turn to formerly Communist countries just to watch a basketball game of all things.   Don't even have the freedom in America anymore to watch a basketball game.   Disclaimer I am not suggesting that (wouldn't know how to do it) and neither the radio hosts were endorsing it, but they said many people are doing it out of no alternative options (even if you want to pay them $20 to watch it you can't).

  If they put all sorts of stupid alienating barriers towards video games then people are simply going to download their games off some server in Eastern Europe.

99.7% premine.  No more stellar being sent out.   Stellar / Stripe controls 94.3% of all tradeable stellar.  Remaining 5.7% of tradeable stellar is owned by early birds of which many were hackers who had thousands of facebook accounts (verification was only added later) and then speculating buyers.  There's guys on their forum bragging about already having 20+ million of Stellar.


Look past the "free" and this coin is just a scam.   The "free" thing works just like Aurora coin's air drop, it's just bloated capitalization to lure in suckers.

Stellar is founded by a Ripple founder.  Do you really think he left Ripple?  Looks like Ripple just rebranded itself and created fake drama (like in WWE wrestling) as a way to relaunch and take advantage of the "fair distribution" fad that started earlier this year.  

The problem is the legitimate fair distribution coins are more fair than Stellar but Ripple-Stellar is riding on the image of it being "fair" (when it is not).  Stellar owns 94.3% of all tradeable Stellar at the moment and is still sitting on that 99.7% premine and will be for a veeeeerrryyyy loooonnnnggg tiiiimmmeee.  

I accidentally added dollar signs to those figures but still given Stellar's growth this has been easy tens of millions for them.

This could be the start of venture capitalists coming into the alternate currency scene pumping in millions into their own scam coin projects.

The Kurds are an Iranic people and they were conspiring with Iran.  Kurds are to Iranians as are Bavarians to Germans.  The Kurdish independence thing is almost a joke as that country would be either join Iran or become its' puppet state.

http://en.wikipedia.org/wiki/Abdul_Karim_Qassim

Heck the founding father of Iraq (aka the guy who booted out the foreign Hashemite Bedouin monarchs who were installed by the British) was like 75% Kurdish and he had problems with the Kurds back then trying to break up Iraq to join Iran.

I remember something about this.  I think it was called Doom 3.

Until they make an official statement on it (unless I missed it), you guys are definitely SOL.

As for it being fud material - I've seen coins push right through worse problems than 1 or 2 guys who didn't check their ID in time to make sure they got their coins.   There were people in the NXT distribution who missed collecting it and then whined for awhile to no avail.

It just means more coins for the rest of us due to deflation.  You two guys can't ever access your coins = less available trading supply = coins worth more.

It's what Ripple did in the very beginning.  They gave out huge amounts in the beginning (for almost next to free) and then reigned any promise on distributing their coin to the masses.  Ripple has a huge capitalization but only a mere fraction of it is traded.  

Right now are getting word that Stellar isn't even honoring its' $10 claim anymore, they've been sending people amounts worth less than $10 (even less than $5 as I have read elsewhere).

99.7% of Stellar has yet to be distributed.  They control 94.3% of trading Stellar.  Then the 5.7% that isn't owned by them, most of that is owned by people with tons of fake facebook accounts (verification was only added later) or guys who are speculating buy (on Stellar forum one guy is bragging about 24 million that he has).

Sending out 300-1000 stellar right now to people who were waitlisted days ago is a joke, lol.

Meanwhile Stripe investors have 2 billion coins they can dump at any time, likewise 3 billion for Stellar (this is the 5 billion I am referring to but Stripe owns 2 and Stellar owns 3.  This is like the left hand not knowing what the right hand is doing, either of them can crash Stellar to spite the other).

Where's the official sell thread? 

Now it's called Stellar.  Founded by the founder of Ripple.  He didn't leave, it's two feet belonging to the same creature.  They're in it together.    This is like WWE (wrestling) but crypto currencies - a 8 year old thinks it's real but a full grown adult doesn't.

Ripple division of Stellar has 5 billion coins it can dump at any time, while public only has 300 million split between 85,000 Facebook accounts (many of which are sockpuppets of professional blackhat hackers who own thousands of accounts through scrypting and macros).

85,000 people 'claimed' Stellar and yet their forum is dead and they have almost no presence on the internet?  Lmfao!  That's because 98% of claimants are with fake facebook accounts.  

Now they only give out 100-300 Stellar to each person (real or sockpuppet) while they have 5 billion coins they can dump at any time.

It's a 99.7% premine at the moment. Total supply is 100 billion coins but that's only if millions use stellar.


  So tradeable supply right now is only 5.3 billion, of which 5 billion of that is owned by Stellar / Stripe team.

5 billion / 5.3 billion = 94.3% control of all tradeable stellar.  This is a scam.  They can manipulate prices so easy.

Stellar controls 99.7 billion of 100 billion total Stellar in existence.  Only 300 million has been "given away" and they lied about sending people $10, they sent a lot of people amounts under $10.  Many people right now are reporting to only 100s or no stellar at all (lol!).

This is the best scam in 2014.  Who knew Bitcointalk was a charity?  This is the wild west.  Nobody goes to jail over these scams.  


You guys just made some instant millionaires in California.

BTW someone on their forum said they have 24 million Stellar.  I thought it was 'fair distribution', guy said he got them all through his Facebook accounts.

I can write computer scripts to spam commands on all sorts of websites and I have no clue what I am doing with my scripts either.  Professional hackers obsessed all have thousands of verified Facebook accounts by now.


BTW - Stellar has 5 billion coins while public has 300 million.  You made them all instant millionaires.  Best scam in 2014.  Ripple  and founder repackaged itself into a new name and are now richer.  Crypto currencies is the best form of charity.   

It's the exact sample as Ripple and is founded by its' founder.  They discovered that there weren't enough schmucks to buy their premine for Ripple so they repackaged Ripple under a new name and now they're calling it "free".  It's two legs belonging to the same body.


Problem is they won't get millions of users, only tens of thousands.  They have 5 billion coins to dump / manipulate prices with while the public only has like 300 million.  They can sit the price to anything they want with ease due to all the hype-tards emptying out their wallets.

You guys made Ripple rich all over again.    

They don't care about your measly 500 - 5000 stellar.  The dev team plus stripe people get 5 billion coins to dump themselves.  All it is is a fork of Ripple with a reskinned wallet. This is the best scam ever.  Instant millionaires if they're not ones already.

Fake facebook accounts, even verified, is easy.

BTW 257 million between 82,000 sockpuppet Facebook accounts while Stripe + Stellar team gets 5 billion coins just for forking ripple and slapping a reskinned wallet on it.  Best scam in 2014.

Whatever happened to Doge getting into MMOs?

Wait it never happened.  Look like they spent all their money to advertise during the Olympics (except no one on TV mentioned Doge funded that team) and that Nascar driver.  Why Nascar?  Not to stereotype but you were advertising a digital currency to the wrong people and I shouldn't have to explain why. . .

The real reason Doge died was probably because the early birds dumped to get their millions out (the inflation being encouragement).

I find it laughable that many upcoming coins plan inflation but inflation simply doesn't work imo (even 1% inflation will convince large holders to dump.  1% of $10 million is $100K lost).

I'm not sure if gold is that portable.  Are you going to chip off flakes to pay for lunch at a restaurant?  Never mind a $1 million gold bar weighs like 25 pounds.  Forget what you saw in some Indiana Jones Movie, nobody can throw 10 bars into their backpack unless they're the Hulk.

You're making an assumption that cannot happen again when it in fact did (several times).  Brutality of WW1 was followed by WW2.  Brutality of WW2 was followed by Americans in Korea and Vietnam, who carpet bombed many civilians to death and then there were mass rapes and massacres.  Even a million Iraqis were said to have died as a result of the American invasion of Iraq.  If you look around enough for video clips you can see American soldiers murdering and raping civilians.


This sort of brutality will make appearances in Europe again, it's just a matter of time.  Whatever veneer of civility you think there is just a veneer.

I don't think there's enough volume to dump the amount of coins he had in Ripple.  Regardless, he made millions off Ripple and he'll be making millions off stellar.  He's definitely a snake oil salesmen of crypto currencies.  "Come and look and try my stellar!  Oh and did I mention it was 'free'?!"

This is a scam.  They want millions of users but any sane person with a brain knows that Bitcoin only has 1-2 million users and the individual alternates have far less.  So what you end up with is Stripe getting 3%, Stellar gets 2% and the thousands or tens of thousands who bother who use Stellar get crumbs.

That means Stellar and Stripe control 99%+ of tradeable volume and can manipulate prices all they want with ease.  This is just Ripple / Marine Coin / Stellar 2.0 (well technically it's a fork so it's just a 1.0).

They admit 100 billion supply on one article I read so that's 5 billion coins they can dump at any time, while you only get 1000 for signing up (lmfao!).  Fair distribution indeed!  By the time you flip $10 into $200 they've made $100+ million.



The thing I found funny is that Stripes put $3 million into a Ripple fork but then again it wasn't their money but money from fund groups.  Unless your a dolt who thinks every 25 year old from Ireland have a spare $3 million in their pocket.

Beats me, there's huge fund groups in the United States with hundreds of billions of dollars (some of them have a stake in that $400 trillion derivative bubble) and they throw money at extreme high risk projects all the time.  Nothing to look at.  Move along.  A lot of those fund companies probably spend more than $3 million just on taxi fares at just one office among several.