PSA: Check your inbox for email from stellar.org, you may be sitting on $

#1

Post by throwawayfish » Tue, Jan 09, 2018, 7:52 PM UTC

I saw a link for Stellar.org on HN back in 2014 and signed up because it seemed interesting. They granted me 6000 coins in their currency back then and I simply forgot about them.

Turns out they're worth like 0.63 USD right now. I just cashed out.

Maybe you have money too?

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#2

Post by csorrell » Tue, Jan 09, 2018, 8:22 PM UTC

Yep, I remember a thread on HN during that time where we were all signing up. Finding them now is a welcome surprise.

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#3

Post by GFischer » Tue, Jan 09, 2018, 8:40 PM UTC

Crap, now I feel very bad about not having seen it :(

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#4

Post by chatmasta » Tue, Jan 09, 2018, 8:54 PM UTC

Yeah, I remember that thread too, and I already checked my inbox. Couldn't find it haha. I think I thought it was a stupid idea because it was centralized and borne out of Ripple's very bad reputation from its first implementation...

And to be fair, I still think that. But I wouldn't mind having $5k for free.

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#5

Post by achairapart » Tue, Jan 09, 2018, 9:20 PM UTC

Hurry up. If all HN users are cashing out now they're going to crash soon. :)

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#6

Post by dmlittle » Tue, Jan 09, 2018, 10:45 PM UTC

If you're unlucky, like me, you might not have access to your account anymore.

https://stellarorg.zendesk.com/hc/en-us/articles/206458405-W...

> Between August 3rd and October 31, 2014: Your recovery code may have been corrupted due to a now-resolved bug.

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#7

Post by take4 » Tue, Jan 09, 2018, 10:46 PM UTC

This is exactly what happened to me and what I did. Unfortunately I sold them 3 or so weeks ago when it was 0.25. :/

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#8

Post by jrowley » Tue, Jan 09, 2018, 10:49 PM UTC

Anyone have tips for cashing this out? A good exchange you'd recommend? Binance is closed for new users right now apparently. I'd either want ETH or BTC or USD

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#9

Post by AznHisoka » Wed, Jan 10, 2018, 2:38 AM UTC

achairapart wrote: post #5

Hurry up. If all HN users are cashing out now they're going to crash soon. :)

During the Christmas holiday, when bitcoin was slumping, I saw that some dude was giving millions of dollars worth of bitcoin to charities, and was like "NOOO!! Anybody but charities!! They're just gonna dump it in the damn market and crash the price"

Re: PSA: Check your inbox for email from stellar.org, you may be sitting on $

#10

Post by MattPearce » Wed, Jan 10, 2018, 7:37 AM UTC

jrowley wrote: post #8

Anyone have tips for cashing this out? A good exchange you'd recommend? Binance is closed for new users right now apparently. I'd either want ETH or BTC or USD

I just checked and found that I did receive coins way back then, haven't dealt with cryptocurrency but did some research and this is the process I went through (can't guarantee it's the best/easiest/cheapest, but it worked):

- Recover account using recovery code from Stellar email

- Convert Stellar into Lumens (it will do this automatically when you log in)

- Create account on Binance, and use Stellar site to log into wallet and transfer to Binance

- Trade Lumens for Bitcoin on Binance (took a couple of tries of playing with sell price for them to sell, watch the price coins are trading for to get an idea of a good price point)

- Sign up for LocalBitcoins.com and transfer Bitcoins from Binance to LocalBitcoins wallet

- Find someone willing to buy Bitcoins for a decent price in your country who will pay via your preferred method (NZD into bank account for me)

- Use LocalBitcoins.com to sell to them, it places them into escrow and you release the coins once the money is in your account