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BTC has seen some rough days in its roller coaster ride. So those who delve in BTC would be aware of its volatile nature. However over the past few weeks BTC and other cryptocurrencies have been north bound.
Experts believed that a correction was due. However the current fall in the BTC price has led to the other cryptocurriencies to crash as well
This correction means massive erosion in the value of cryptocurrencies.
In the current correction market capitalization of cryptocurrencies fell to as to $91.4bn .This is a decline from an all time high of $117.2bn
This is a 20% drop and is hurting a lot of investors who entered at the high end of the price range.
If you hold any bitcoins BTC in your wallet or select exchanges then get ready to stake your claim on your share of free lumes (currency of the Stellar network)
The date threshold is 27 June 2017. The giveaway starts This round of Bitcoin-Lumen program will start at 11 am PDT.
To claim your coins visit the site https://www.stellar.org/lumens/bitcoin-lumen-program/
and stake your claim. The claim can be made until Aug. 27 2017
As a user of the Stellar Network it is mandatory to maintain a minimum balance of 20 Lumens (XLM)
This mandatory minimum balance ensures that the accounts are authentic and valid.
However you may be in possession of a number of accounts with small balances. If you try to send balance from one such account to another with the intention of consolidating them then you cannot so so due to the minimum account balance requirement.
A solution to consolidate these accounts is to visit the following link on the github.io
Click on the Livenet button
- In “Enter Source account” enter the public key (Stellar/Lumen address of account you want to merge)
- Enter the private key of the account of account to be merged
- Enter the destination stellar address
- Double check that all info is correct
- Click the merge account button
Part I: Operation Scavenging
As an trainee I was assigned to the shop floor of the factory . The shop floor was noisy and there was no respite from the sound of metal hitting metal.
For the first week it seemed deafening but slowly I was getting used to the sounds. My ordeal got over when I was shifted to the warehouse.
It was a big warehouse and I was assigned to the scrap shed. The shed had all kind of parts from non working coffee machines to room heaters and old fluorescent tubes waiting to be sent for recycling.
My job was to make a final check. The only bonus was that if I fancied anything I could take it home after informing my supervisor and paying a small token price.
The pile had a lot of things from the IT department, old printers and scanners and box filled with old cartridges.
Then I saw a box full of hard drives they were old and worn out as per company policy they had been wiped out before being scrapped.
I picked up one which I thought could replace the old crashed drive of my PC .
Then I discovered a box of dead hard drives I picked up a few from that box too.
My supervisor approved my request and I paid the token amount for the hard drives. The dead ones were free as they were not of any use.
The reason I had picked them was that I wanted to open them and see if I could salvage some old parts from them.
The nanodyne magnets in them were of interest to me as I could use them in a project of mine.
After my shift I headed home with my prized possession a set of old hard drives one old one and a couple of dead ones.
to be continued…..
Every now and then we come across people who have become Bitcoin millionaires overnight or in a very short period of time.
Have you ever wondered who are the people who hold the maximum number of Bitcoins? Or what is the world Bitcoin distribution like?
Here is a list
There are 3 Bitcoin addresses holding a balance between 100,000 – 1,000,000 BTC
A balance between 10,000 – 100,000 BTC are held by 113 addresses
However we are not all that Bitcoin Rich
Most people that is 57% of the worlds Bitcoin addresses hold between 0 – 0.001 BTC
Check out these stats
In case you were in possession of BTC/DOGE/LITE coins that held coins (Non Dust) around 10- 15 May 2014 would get free CLAMS
Current CLAM price is
1CLAM = 0.00191000 BTC
So before you chaim your coins it is advisable to empty your wallet before claiming your CLAMS
However even without emptying your wallet you can still check the amount of CLAMS you hold by visiting http://clam.makejar.com/
Enter your BIT/DOGE/LITE Coin address and check