Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XLM] Stellar - Decentralized trading platform
by
itod
on 29/10/2017, 18:11:09 UTC
Any airdrop or bounty program ?

How will remaining XLM be distributed? Have any details been released on more airdrops?

That's the main problem with Stellar: distribution has not ended. Remaining coins can be dumped at the exchange whenever individuals who control the reserved coins see fit. If you wonder why the price has not gone up despite good news that would put other coins in stratosphere - here is your answer.
How many coins left for distribution?

I would like to know that as well. And also are the remaining coins locked in any way or could they be freely distributed anytime?

Here are the figures:

Total XLM: 103.37 Billion
Distributed XLM: 6.99 Billion
  Direct signup program: 4,803,123,717
  Bitcoin program: 2,037,756,770

Do your math how many XLM is there to be shifted to the exchanges. Here is the graphical representation:



I had more than 150.000 [Edited, see bellow] 230.000 XLM three years ago. Sold them all when I realized this is not going to be changed soon and that enormous amount of coins can be dumped at somebodies else whim. Too bad for this coin, it had great potential, transfers are lightning fast, it was a pleasure to trade, lot of exchanges supported it. Not IBM's or anybodies else support is worth much until this distribution mess is sorted out by the creators of the coin.

Edit:
Just checked my Poloniex history, I sure was heavy into this coin:



Was joy to trade this little coin, good ol' days Wink