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31.8 of worthless fé, fehu, feoh or a real financial help  for each Icelander like $1000 - $5000 ?

try exchange on http://ptopex.com @ 0.09 btc

This will be fun to watch

Aur is no where near 21, It's like at $12, I'm so happy I made my profit and got the fuck out of there.

It is fun mocking the bagholders on poloniex. I look forward to the "airdrop".

I hold absolutely no stake in AUR but I really hope this airdrop goes through, not so much as for people to make money but to silence this childish gang that has formed in this community.

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I would like to hold the hands to those that bough after 70$ and never sold. But especially those that bought at 90+$ ! I would like to know what they were thinking...

In theory it is a novel idea. And if it is actually pulled off it would be good for the alt community. However, I feel like the opposite is going to happen and a lot of people are going to get burnt and lose faith in cryptos until the next wave occurs, if not forever.

A lot of people I try and share Bitcoin & other coins with are still under the impression this is all one big Ponzi/pyramid scheme. They simply regurgitate the message the main stream media has been spitting out. If this Aurora drop flops, it will be yet another blow to the reputation of crypto currency technology.

If you lived in Iceland why would you not turn around and dump most of your coins right away? Last I heard the share for each person is worth about $600. Why not take the free money? What measures have been put in place to keep the same person from getting several shares right away? How many people from across the world do you think are going to try and get their "free" coins as well?

So for all our sake I hope it works so we don't get slammed in the press again. I have a feeling this is going to be a giant embarrassment similar to what the Maza/Maplecoin guy has done....blatant fraudulent lies.

31.8 AUR * 0.02 BTC/AUR = 0.636 BTC

Current price: 1 BTC = $560  (http://preev.com/)

0.636 BTC * $560 = $356.16  ???

We should all hope the Airdrop goes well and helps the citizens of Iceland.  It will help the crypto community greatly. I'm afraid there will be a massive sell off.  But if not, then a month from now we will all be pointing to Aurora as a success story instead of the failed experiment you all seem to be suggesting it is now.  Also, I have no reason to believe the devs will try anything unethical.  Heck, I may even buy some AUR after the price stabilizes. 

I'm interested in how they will manage to do it.

I totally think it will go wrong, but I would love to see it succeed.
Can you imagine those news headlines?
Crypto would be taken much more seriously.

it's amazing to read these threads and notice that most if not everyone that is waiting for AUR to fail can't seem to fucking read or comprehend what the AUR website states about the Airdrop.

http://auroracoin.org/airdrop.php


It fucking specifically states, `About 330,000 Icelanders will be made able to claim f 31.8 each over the following year from the initiation of the Airdrop.'


It is impossible to think that 330,000 citizens are all of a sudden going to have access to their allotment of AUR coins on the stroke of midnight on the 25th.

Anyone who believes that are obviously too fucking stupid and should be barred from the Crypto Currency market..

Suppose I am entitled to get some, how do I do it? Do I email the guy? How can he trust I am who I say I am? He claims he has a National ID system in place, but has anyone seen it? Has he tested it at all? What if every single person wants their AUR at launch, what then? If this is supposed to be for the people, where is the transparency, why is everything a secret? The lack of information and structure seems overwhelmingly likely that this is a scam.

Suppose it's a tiered approach, who get's theirs first? Why does my neighbor get his when the price is $12, but I get mine when the price is $8? Forget the price, why does he get free money before I get free money?

Also, who and where is this guy? He's supposed to GIVE AWAY ~$65million USD? (50% of current coinmarketcap.com total $ value) Don't tell me they don't count towards the market cap, he holds them in a wallet and can clear all of the buy orders on all exchanges. He wouldn't clear $65 million, but he'll clear millions for sure.
Ask yourself, if you had even $10,000,000.00 and were completely anonymous, would you give all of it away just because you promised some people from ICELAND you would? Even if my initial intentions we're honest, simply GIVING AWAY 10 million would cause me to think twice.


If this isn't a scam, this may be the biggest positive news for Bitcoin in a long time. I hope for cryptocurrency's sake that its legit, but I am still very skeptical.

I'm wondering how they will stop the website crashing if millions of people try to claim coins at once. Even if they do it through email the system could be overloaed.

I wonder how many people will get their parents, grandparents and relatives to just get them some easy money :P

@nelsonmw
+1 very good analysis


+1 The same problems with all AURORA clones - all regional / ethnic coins with huge pre-mine

its less than that, but thats kinda not the point.. it immediately gives everyone money to form a market with... well everyone that collects.

and I'm betting you would be inline for your free 667 as well. thats a  few watts paid for.

and pretty amazing country wide.

If everyone got aboard it would be a massive injection into the economy.. just like the checks we got at the start of the recession.

I'm not holding.. if that gives a clue about my stance.. I just am not going to belittle the idea.. even if that 667 is really $300.

Is there Air Drop scheduled for night?

He said he would update us with the way he would proceed. Let's wait and see but this operation will require brain and hand power roll-out the give away in a smooth way.

I hope this works. If it does work it will be good for all crypto's Including the almighty BTC. If we want these coins to become widely accepted we need more exposure and positive exposure. I am still very sceptical about this. If the airdrop happens I think the people should hold the coins $350 is not going to make or break most people. They have $0 invested so why would you not swing for the fences. A chance the an eco system is around this coin in Iceland or even a chance the coin eventually goes higher. You are playing with the houses money so why would you not try to make it worth enough money to mean something. But I do believe the people that know about it and claim, their coins tonight will just dump it and say hey I just made $300. This is a huge gamble for any investor. All on black or all on red your choice. 

I wasn't...

I had my first trial of cryptoexchange and so it happened to be the day of Aurora Hype!

I really hope they follow through with this and everything turns out well. Some main stream news outlets are starting to pick it up: http://www.nbcnews.com/tech/innovation/cryptocoin-their-own-icelands-auroracoin-experiment-n59216

If this turns out good there will finally be a positive light showing on alt coins.

Me too.

After the MT GOX mess we need some good crypto news.

With the amount of attention AUR has gotten, it would be a significant short-term blow to crypto-currencies if the airdrop is unsuccessful. Not only would it be another round of bad news, but it would add further negative traction because of the link between anonymity and how people can't trust an untraceable system like crypto-currencies.

That said, I think the outcome of a successful airdrop will be just as scary since it will inadvertently legitimize a bunch of the other "nation" coins. And that could be a wave of new investment that will burn a lot of people. That could have serious impact to crypto-currencies mid-term. I'm not gonna worry about that though since I still am not convinced that the airdrop will happen as it is slated to happen.

That's a scary prospect, even more "nation" coins.

Well here we go. Lets see what happens. Cryptsy is starting to get volatile.

This is going to be fucking hilarious  :D

their web site down already

They have one just for Icelanders and Some people on reddit have already said they have claimed their coins. These where people that where noted to be against the coin saying it would not happen. And they are now saying they received them.

This national sovereign coin thing could really be a boon to a nation (like Lakota) if it wasn't done as a scam.  A 25% premine distributed in the beginning to recognized charities with another 25% relegated for business startups, before mining began.  People tend to be altruistic given the chance.   Unfortunately many of the coins now are just scams.

INb4noairdrop

Sell time.

Hurry everyone dump the coins. SELL SELL SELL.

how can they sell?  no coin is moving  :D

I have some multipool aurora I wanted to dump, but the transaction to cryptsy has been in limbo for about 6 hours now

That is because there are not enough miners. So far 6042 coins have been claimed. This equals 190 people have claimed coins. A few weeks ago after the first big dump it took over 24 hours for my coin transaction to complete.

this thread is lacking a king of pop eating pop corn...

The airdrop manager might as well give out the coin to any Icelander who asks for their claim.  It would do nothing but help his cause as he could always find plenty to keep for himself and sell off.  It makes no sense to "dump" them from their perspective.  The guys who get them earlier on will have a huge advantage.

I have 29.9 Aurora I purchased with some BTC. Maybe I'm a fool but it is just a little punt and maybe when the big dump doesn't happen due to the airdrop, the price'll go up.  ;D

You're dumber than hammered dogshit.

Aurora was in national Icelandic news. Hundreds of Icelanders recieved their first coins already.

SO much fun proving fags like BCex they were wrong all the time. Even though they were secretly buying . Oh well.

I am looking so much forward to AUR actually get used and will cost like 100USD one ina month or two.

Although I'm not a big fan of nation coins, I do find it bizarre how so many automatically assume they are all scams ... especially AUR. Maybe part of it is the fact that so many involved in that shitcoin killing thread also makes shitcoins themselves, and to them, they wouldn't hesitate to walk off with the premine -- so assume other devs would too.

Either that, or partial jealousy that a coin is getting so much attention, and eating away at profits from their own coins or holdings.

Anyway, I do hope it works out for AUR. I think the value of the coin will actually go down, as people cash them out ... but at least the dev seems to be doing what he said he would.

And they will now say it is a failure because there is a good chance the price will go down right away. (once coins are actually sent to the exchanges) In reality it would be a success. The coins were premined and distributed to the people he said he would. It is up to them now to decide where the coin goes.

I would still consider the coin a success, at this point. I mean, just the press it has gotten ... news, politicians in Iceland... stuff most alt coins can only dream about.

I read one person already saying that because AUR worked out, other nation coins will become even more prominent (more than they already are), and likely those devs would scam people. I am sure they'll figure out something negative to say, regardless if it's based on fact or logic.

I'm anxious as you guys.. 2 see if there's gonna be a super ollie grind on this coin 4 the 25th of march ~_` ,but give it a chance to get promoted inside of the country and letting everybody on earth know about it... there ain't no 50-60-70-80 yrs old people mining like a boss inside of most of the pools, 1/20 is gonna believe in CRypTo_curR3ncie, the other ones are missing the boat until it hits them face 2 face on ads, commercials, news, books, movies and soooooooo_just_shut_uP_SHHHHHHHHHHH\


everybody living in Iceland can reclaim a bunch of aurora :p, supposedly... sOoOoOo lets wait & S3E

Was it as hilarious as you thought it would be?

This.

so amazing, so exciting about it

How do they check if the people come from iceland?

Yeah, good question.

They combine each person ID number + name (Iceland have public data base of the people) with that person's Facebook account (almost everyone in Iceland have Facebook account)

How do you know they do that? Are the processes documented somewhere ?

Interested to see how this pans out

Im not Icelandian so I cant know exactly how they do it, but its on the web and forums...
there is a counter at auroracoin.org and the wallets of the premined coins are disclosed

My question is more like how does the public know they distribute to Icelander not to themself in the name of Icelander?

Im not sure I understand
If you ask how do we know that he is not distributing it to himself, I guess we can see the addresses; but its going to end up with trust as we cant expect the people to identify in public for claiming the coins. No one will claim at this situation

So you trust an anonymous person to give away millions of $ to also a bunch of anonymous people but not himself and friends.

To me the latter is more like what is happening unless it is proven otherwise.

Auroracoin does have a lot of weight on the hands of one guy.
I find him as a man of his word; so far he didnt everything he said he will, but I wont put there my life savings

edit : Also remember that the coin was 100usd$ for a single AUR and Balduro didnt dump it and went to the Caribbean and you can see at https://www.facebook.com/auroracoin.org     a lot of Icelandic traffic

+1 million

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Well so far the price isn't taking a huge nosedive.  Any word on how much has been distributed?  The official claims link ( http://claim.auroracoin.org/ ) is in Icelandic so I can't tell much from just looking at that.

Can't really sell your coins if your blockchain is stuck lol

Thanks for pointing this out. I'll be watching for a nosedive after someone solves the current block.

How much of a problem is the current hold up on the block chain and will it resolve itself in the future?

It should be fixed at block 5400.

In case you missed:  here, another clone of AURORA: BitLeu (aka BTL)

Now BTL on the market !

https://bittrex.com  is the 1st exchange where you can trade BTL !

Quite a few of us are terrified of the prospect of thousands of AURORA clones hitting the market if it does well.

Why not? The only hazard I see is scam artists promising but not delivering + Too much pressure on regulators too early..
Ok its a gamble at this moment in time but I guess its like getting children, never the right time but you have to take a chance eventually.

Lets see what kind of innovations and trials will come off this.

I think it's the scam artists promising but not delivering that worries most people. If a dev has half the total coins to be mined and just sells them rather than distributing them it ruins things for any other coin that tries the same method of distribution. Hopefully everyone will get their Aurora coins.

With the prospect of more coins? They already are, many more clones of this already.

The worst part is, any success or perceived success will only escalate the clones

Just let them! Its inevitable in this unregulated environment. All we can do is educate and trust on the good judgement of investors. After all it is their decision to take the risk associated with a possible scam coin. Only they have to know about the risk and I see no moral dilemma.

It is now lol  :D :D :D :D :D

*boom*

It looks like people are dumping, the price is dropping.

Where are the pictures of all the happy people getting their money?

Post the videos!

I'm thinking of how Ed McMahon used to give away huge checks here in the U.S. People were so happy.

Really? You trust a guy on the internet that's completely anonymous? You have no idea what his real name is, where he lives, what his age is and not even what he fucking looks like; but you trust him?

The coin might have been work $100USD, but there wasn't enough liquidity to sell the premine. The marketcap was incredibly misleading as it counted the pre-mined coins which were not in circulation (if you can't understand this, this means there's wasn't enough money in AUR to sell huge amounts of). This is why the airdrop is such a perfect laundering mechanism and it seem to be working perfectly, just as planned.  ::)

There most likely won't be any. The airdrop is just a laundering mechanism for the dev to sell the pre-mine at a controlled pace without crashing the value in an instance and make out like the biggest bandit in cryptocurrency history.

What price do you think it will be this time tomorrow?

I'd rather like to know if at the end of this year, can you walk into a restaurant in Iceland and pay with AUR or not.

Airdrop appears to be commencing smoothly. No signs of a scam yet.

looks like a market crash.

Could you post the link to the forum please?

If the devs were withdrawing 31.8 AUR batches from the premine they wouldn't need to exhaust people's ID's to do that.

Surely it is a possibility there are glitches in the first method, and they were talking about adding more verification options later.

I guess it comes down to doing the best they can - and keep improving.

Lol. Made money out of trading Aurora so I don't feel dumb. But anyway, don't be jealous.

Did you buy them at a very low price when they were first released?

If you stay away from shitcoins you wont lose money ;)

So is BTC a shit coin? A lot of people lost money on that.

go take a logic class.

It will slowly die.

let me get this straight..

a coin that represents a country and is aimed at it's population is considered shit...

but..

a coin that is based on fucking cartoon shit and just sounds stupid by it's name is considered worthy..

sounds like common core education material too me..


Aurora from it's inception has done what it set out to do and yet all I hear on this forum are a bunch of fucking losers calling it shit..

Is Litecoin shit too??

Yeah, I think people have been harsh on it. But the fact of the matter is, whether it's eaten by the devs or the population of Iceland, coins with significant premines will be pumped, dumped, and forgotten. It was innovative, it seems like the devs were not assholes, but it's economics--premining doesn't make for stable currencies.

We will see in the next price rate in month or two will aurora live or slowly die. Personally i wouldn't like that to happen it can be stable but lot of people are going slowly on X11 coin.

Even if everyone who got the drop would sell asap for BTC, AUR would've managed to do more than many can only dream of; probably at least half of the population of one nation has heard about cryptocurrencies by now, and increasing daily. It's gotten into mainstream news as well:

http://www.bbc.com/news/technology-26083733
http://www.washingtonpost.com/news/morning-mix/wp/2014/03/26/everyone-in-iceland-just-got-a-free-wad-of-digital-cash-will-it-save-their-economy/?tid=hpModule_a2e19bf4-86a3-11e2-9d71-f0feafdd1394
http://www.forbes.com/sites/ericmack/2014/03/24/national-bitcoin-alternative-auroracoin-launches-to-save-icelands-economy/
http://www.reuters.com/article/2014/03/25/us-iceland-auroracoins-idUSBREA2O1BY20140325

Imo the price on exchanges is secondary.

I just wonder How could I get some money ,some  coin? ;D ;D ;D ;D ;D

I agree there are to many coin in game n most of people heard something or anything about cryptos, yes there are in news all day talk.

Every 5th person is heard or doing something with cryptos (mining or investing).

I'm surprised how well the price is holding up. It stayed the same although bitcoin crashed down a bit recently.

That might be because the coin is gaining value outside of speculation on exchanges

Subbed.

AURORA is stable now with price for now before summer break all coins going up

A few people on this forum have said all coins will go up in the summer. Is there some reason for this, or is it just a guess?

Only because it hasn't risen in Q1 as they said so before.