Stellar

[Storm_Guardian_N7]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

[HarryKPeters]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

In their defense they did announce it months ago.
But yes it was so wrong how they spread it. It would be better to
Total BTC amount claimed / Total Stellar Give Away

Instead of
Total BTC/Total Claim / Total Stellar Give Away

Now 90% of those 3 billion coins goes to... Them.

[pedrog]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

Also it doesn't worth it, it's something like 30 cents for every bitcoin, the majority of us don't even have one bitcoin, plus doesn't seem fair, an institution trying to help the 3rd world just giving more money to people who already have a lot of money.

Clams distribution was way better.

[Abiky]

It is here now: https://www.stellar.org/lumens/bitcoin-lumen-program/

Great! I can't wait to claim my lumens as I have a pretty old Bitcoin address lying around with some coins in it (which lied under a paper wallet) As for XLM price, there hasn't been much effect in it but I think that soon it will gain traction if there is enough marketing and development. If were a dev, I would start by making a user friendly wallet (GUI) to attract non tech savvy people into Stellar cryptocurrencies. Also, a Stellar wallet for mobile devices wouldn't be such a bad idea at all. 

[jed]

Storm_Guardian_N7:  Yeah I agree it would be great if it were easier. We are definitely open to suggestions about how to make it simpler.

HarryKPeters: But it isn't all going to SDF. Most of it is ging to people building things on Stellar: https://www.stellar.org/blog/build-challenge/

[chichidori]

Many as in many bitcoin holders are not that rich to get a decent amount of lumens i agree its the worst ever giveaway by lumens/stellar clams are way better.

[bbc.reporter]

Many as in many bitcoin holders are not that rich to get a decent amount of lumens i agree its the worst ever giveaway by lumens/stellar clams are way better.

What is the difference with Stellar's giveaway and Clam's distribution plan? They are only the same right?

[butragenjo]

I earning with stellar 0.1 btc a 2 years ago,that is my best opinion with altcoins

[TheRedDevil]

I have a small amount of BTC with Polo. But sadly Polo has not yet integrated with lumens  yet. So noone of us who hold BTC in Polo wont be able to claim it.

Does anyone know whether Bittrex or any other exchange has integrated lumens giveaway yet?

[Jdj1727]

I have a small amount of BTC with Polo. But sadly Polo has not yet integrated with lumens  yet. So noone of us who hold BTC in Polo wont be able to claim it.

Does anyone know whether Bittrex or any other exchange has integrated lumens giveaway yet?

Polo is participating in the giveaway, but I'm not sure when they will be disbursing the coins. Bittrex has yet to confirm that they are participating. Your best bet is probably just to wait on Polo.

[X-ray]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

In their defense they did announce it months ago.
But yes it was so wrong how they spread it. It would be better to
Total BTC amount claimed / Total Stellar Give Away

Instead of
Total BTC/Total Claim / Total Stellar Give Away

Now 90% of those 3 billion coins goes to... Them.

i could agree with this, why the heck people who owning 10btc only get 1,911.72 lumens which is only .0000649% of total lumens,and even worst with those who own only a little bit,maybe this giveaway only specialized for the rich,and i can't even sure the lumens will be claimed more than 3% of total

[klintay]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

In their defense they did announce it months ago.
But yes it was so wrong how they spread it. It would be better to
Total BTC amount claimed / Total Stellar Give Away

Instead of
Total BTC/Total Claim / Total Stellar Give Away

Now 90% of those 3 billion coins goes to... Them.

i could agree with this, why the heck people who owning 10btc only get 1,911.72 lumens which is only .0000649% of total lumens,and even worst with those who own only a little bit,maybe this giveaway only specialized for the rich,and i can't even sure the lumens will be claimed more than 3% of total

Its true...I am not even going to bother redeeming...

[jed]

X-ray and klintay: this is why we also have this program for most of the unclaimed lumens: https://www.stellar.org/blog/build-challenge/
If you build a project on stellar you can get *a lot* of lumens

[GreenBits]

It's a nice gesture but it's not currently easy for people to 'claim' Lumens. Plenty of people want to claim but depending on which wallet software they use have to track down their addresses, figure out which wallet supports signatures, import into that wallet and then sign each one individually. It's cumbersome and not sure why it has to be 'that' cumbersome.

(Note: Some people can't even claim Lumens at all because of their wallet-type, ex. coinbase, circle, and other wallets that don't support signatures). I just can't help but feel there were more efficient ways to do this than this method which wants to target bitcoin holders specifically and that this was a way for the company to 'get' lumens, knowing that plenty of people wouldn't be able to claim by default giving it to stellar.

Also it doesn't worth it, it's something like 30 cents for every bitcoin, the majority of us don't even have one bitcoin, plus doesn't seem fair, an institution trying to help the 3rd world just giving more money to people who already have a lot of money.

Clams distribution was way better.

I never followed up on this, the redemption at least, as I specifically wasn't holding a ton of coin during the 'airdrop' and didn't move.my coins to new addresses with a key I wouldn't mind sharing. So this amounted to 30 cents per Bitcoin? This doesn't seem like anyone got too many of these then, I understand why the price didn't react.

[M28MmickT]

Jdj1727: "So, just so I understand...On July 4th, 3 billion more STR/XLM will be hitting BTC wallets/exchanges?"
No July 5th is when we are starting the lumen giveaway to bitcoin holders. The lumens go out as people claim them. We will see how many people claim them and how long it takes but it will be at the very least over the course of weeks.

electronicash: "is there really something laid for STR holders?"
Yeah tons of things going on. Check out blog for the latest updates: https://www.stellar.org/blog/


M28MmickT: Stellar has no mining so it isn't really a premine. The currency all exists when the network starts. Details about how the lumens will be distributed are here: https://www.stellar.org/about/mandate/  
> "You should give away at least 80% of your coins if you want this project to have real success."
we are giving away 95% of the lumens so I agree with you.


btctube: "scares me to death. anyone could guess who owns that account?"
What account?

Thankyou for responding me, it speaks well of a Dev, now continuing the questions what about the ripple dump? ,
I did not say it was bad to announce it, what is bad was the dump itself, you already had made alot before it because at first months price was 5k/ BTC , it semmed like you wanted to destroy the project with that action rather than taking "your profit" and that was because of internal disputes common users doesnt care at all.

That action was very inmature, people had no fault on your internal disputes, not even banks do that when they change their owner.

And regarding the premine, I believe you should had made a crowdsale with stellar to get better and fast distribution instead of doing the same than with ripple, your mode of distribution take years to get it well distributed without people holding amounts capable of crashing the price to 0 at any moment, if you still have billions why dont you make a crowdsale now? Looks less fishy than your way of distribution.

And for the end, don't look for someone to build apps on your platform, why dont you better build them yourself and your hired staff you have 3 millions USD from Stripe. Have a nice day Mr. Mccaleb

[BitCoinDream]

X-ray and klintay: this is why we also have this program for most of the unclaimed lumens: https://www.stellar.org/blog/build-challenge/
If you build a project on stellar you can get *a lot* of lumens

Now what is lumen ? Is it something different from XLM, which is represented here - http://coinmarketcap.com/currencies/stellar/ ? Moreover, can these be collected anytime in future against previous bitcoin holdings ?

[pedrog]

X-ray and klintay: this is why we also have this program for most of the unclaimed lumens: https://www.stellar.org/blog/build-challenge/
If you build a project on stellar you can get *a lot* of lumens

Now what is lumen ? Is it something different from XLM, which is represented here - http://coinmarketcap.com/currencies/stellar/ ? Moreover, can these be collected anytime in future against previous bitcoin holdings ?

Lumen is XLM, previously called stellar or STR

You can claim your free lumens till October 5th.

October 5, 2016: The first round of the lumen giveaway to bitcoin holders will conclude. If there are unclaimed lumens, they’ll go to Stellar.org’s operational fund.

https://www.stellar.org/blog/bitcoin-claim-lumens/

[lin0sspice]

X-ray and klintay: this is why we also have this program for most of the unclaimed lumens: https://www.stellar.org/blog/build-challenge/
If you build a project on stellar you can get *a lot* of lumens

Now what is lumen ? Is it something different from XLM, which is represented here - http://coinmarketcap.com/currencies/stellar/ ? Moreover, can these be collected anytime in future against previous bitcoin holdings ?

Lumen is XLM, previously called stellar or STR

You can claim your free lumens till October 5th.

October 5, 2016: The first round of the lumen giveaway to bitcoin holders will conclude. If there are unclaimed lumens, they’ll go to Stellar.org’s operational fund.

https://www.stellar.org/blog/bitcoin-claim-lumens/

Where is claim page ?? Cant find it..

[jed]

M28MmickT: If I don't think that XRP is going to be worth much long term why do you think I should be obligated to hold on to it? I didn't start selling right when I left ripple (when I was the most angry) I gave them a year to see if things would look better but to me it still seemed like the company wouldn't last long term so it was time to sell. Of course it is impossible for me to be totally objective but I was trying to make a rational choice. But I really don't think it was emotionally driven decision which is what I think you are implying when you say it was childish.

We have done several auctions of lumens which is similar to a crowdsale. SDF is currently selling some of its lumens on kraken right now to pay for our operations. So anyone can go be an early adopter, get lumens and help SDF.

>And for the end, don't look for someone to build apps on your platform
This isn't our platform. This is owned by the world. It will be built by you guys. It is all open source and an open protocol much like bitcoin. If Stellar is going to work other people need to get involved. I think there are a lot of people out there that are dissatisfied with how money and payments work and Stellar can greatly improve things and democratize/decentralize these concentrations of power. This technology can be very liberating and empowering but it does take a community of people to contribute to it.

[Jimmy Wales]

From: https://www.stellar.org/blog/bitcoin-claim-lumens/

If you’re not using an exchange, then law requires us to ensure you’re not on the U.S. sanctions list or located in any of the restricted jurisdictions listed above. We’re using Facebook account verification to complete this check.

We know this kind of sucks. Privacy is a top concern for the Bitcoin ecosystem. Stellar.org won’t use your Facebook data for any other purposes and will never post to your account. If you’d rather not share your Facebook information, you can still go through a participating exchange.

^^WTF is this? Bitcoin holders need to hand over their verified Facebook account details to you or verify themselves at participating exchanges to get claim Stellar? I mean, what kinda moronic honey-trap Stellar network is trying to become?