PSA: If you participated in the Stellar coin drop, you are ~$3k richer

3 points by yanslookup ↗ HN
Posting under an alt since I don't like mixing my main account with my real name about money.

I'm not a cryptocurrency expert. But it's hard not to pay attention to bitcoin. From what I know I still wouldn't put any money up but all the recent hype did remind of of Stellar. Back in 2014 they did a coin drop where they gave away 5000 (I have 6000 somehow) free coins: https://news.ycombinator.com/item?id=8114901.

I did whatever it was I had to do back then and forgot about it until early December... I was able to login and see I still controlled 6000 coins and I have been following it and as it happens those coins are now worth $3k at ~$0.50 a piece. It seems like a pain to actually convert that to USD but still, pretty interesting.

FWIW I don't have any real confidence in stellar one way or the other. /r/stellar is useless (lots of pie in the sky price predictions and everyone assuring each other to "hodl"), the slack channel is dead, not much activity on twitter, etc. Not sure what to make of it but a nice beginning of the year bonus for clicking a few buttons 3 years ago.

3 comments

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you could convert it to another currency without too much hassle. if there's another coin you'd rather hold. or you want to buy stuff on some of those marketplaces.
with out coughing up bank accts and such.
My problem is what crypto is worth holding right now? ripple supposed to go to coinbase pretty soon. but I think's already run up on price.