January 27th, at 11 am 16 BILLION Stellar Lumens will be made available for redemption to BTC holders. This giveaway almost TRIPLES the supply, which is about 9 billion at the moment.
> For each BTC you can get ~1000 STR = $25.
It will be a race to the bottom as traders rush to be the first to drop their free bags. Needless to say, if you are holding STR for whatever reason, you should drop that shit before it's too late. If you are feeling adventurous, STR is available for shorting on Poloniex.
Free money for the Niggas and White trailer trash rednecks!!!!!
Ayden Barnes
they pocket unclaimed strs?
Jose King
You don't have a fake fb account?
Yes.
Sebastian Williams
Will str moon because of this hmmm. Was sure its gonna until btc started shitting the bed.
David Bailey
user, if you are seriously asking the answer is no.
Massively increasing the supply almost certainly drops the price.
Angel Scott
The method of it makes no fucking sense either.
Justin Barnes
Its not that simple m8.
Lincoln Ramirez
It really is.
Oliver Cooper
Check their previous giveaways.
Adam Brown
seriously why would you devalue your own currency like this?
what's their end game?
Xavier Cook
At the time of their previous giveaway, the market cap of the coin was 8 million USD. Redeeming STR was probably not worth the time.
Levi Bailey
this is ONLY FUCKING COIN where i HOLD BAGS and now you tell me IT IS GOING TO DROP EVEN MORE FUCK THIS SHITTttttt
Ethan Stewart
...
Lucas Cooper
1. The blockchain screenshot was taken yesterday. If you didn't have your Bitcoin in a private wallet at this moment, you will not receive any STR. I even made a thread about this but nobody cared.
2. They claimed you will also receive STR if you hold BTC on your poloniex wallet. Poloniex said today they don't know about an agreement, which is kind of making me angry because I wanted this free 1% gain.
3. I think the shitcoin developer team is to blame on this, but polo should have noticed earlier.
4. This
Colton Reyes
What do you expect when you hold shitcoins. At least you didn't hold DGB
Xavier Kelly
stellar was never a long term hold m8
Oliver Torres
This was known since March. Poloniex is just choosing to pocket the lumens for themselves.
Hunter Turner
It's better than most shitcoins desu. Think of it as a budget ripple.
Jonathan Gonzalez
That is supposed to sound appealing?
Chase Flores
i will hold it till 0 i already lost too much, fuck my life
Henry Walker
Established functioning networked ready for integration sounds more appealing than endless promises of instertshicoinnamehere. For me at least.
Colton Russell
you might be able to catch a spike to sell on the way to 0
Caleb Scott
>The Stellar project was originally created as a fork of the Ripple protocol back in 2014.
Thomas Long
SELL SELL SELL or short short short.
No but really. Supply goes up, prices come down.
Anthony Sullivan
i went in at 2400 when uptrend was looking towards 4k but then market crashed and since then it did not recover.