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2481  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TenfiveCoin Altcoin on: March 05, 2014, 04:07:23 AM
nice Cheesy
2482  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 05, 2014, 12:30:28 AM
Someone want the price drop,I have buy 1.2 at .090 in thinking I was made good trade,but no  Sad
2483  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph on: March 04, 2014, 08:57:12 PM
Some people don't know how to trade Buy LOW and sell HIGH it a basic rules...

Btw I have got some BC and some AUR at drop for cheap Smiley
2484  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ██[MZC] MazaCoin - National Currency - now @ RussiaToday, Independent, Telegraph on: March 04, 2014, 07:22:55 PM
MintPal is over capacity. Please try again later.

Hell wat Sad
2485  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EMC2] Einsteinium | Launch 1st March | MINING STARTS NOW! (POOLS UP) on: March 04, 2014, 05:57:52 PM
We should donate obviously to get inside mintpal.


So we need a whale in
2486  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EMC2] Einsteinium | Launch 1st March | MINING STARTS NOW! (POOLS UP) on: March 04, 2014, 05:41:49 PM
https://www.mintpal.com/voting

Don't stop to vote !

registrer can do 6 vote per hour ! Smiley
2487  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 04, 2014, 03:21:59 PM
well I have just buy 3k of BC,price are very attractive now ! Smiley
2488  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 04, 2014, 03:28:49 AM
Here are my predictions.

1) We have massive pumps to $100-200 per coin
2) Right before the AirDrop there is a massive sell off
3) Enterprising Icelanders get their AirDropped coins and sell as well
4) Media attention goes through the roof
5) Massive buyback, as everyone wants to get AUR at a low price
6) Even more media attention
7) Early Icelanders regret selling and learn to HODL
Cool New Icelanders are wondering why they are missing out on this. Massive fiat dump into crypto.
9) Some level of acceptance in Iceland
10) Huh
11) Profit for all

I agree that this will happen.  It is stupid to buy in now before the airdrop (market flooded with supply - massive selloff)

I will buy in after the airdrop/selloff occurs.

The only reason it is trading so high right now is the supply is artificially constricted.

An analogy: The price of cocaine in the US is artificially high due to the illegality of it constricting the supply.  If you gave every single person in the US an ounce of cocaine for free tomorrow, the price of cocaine would crash.

This is basic economics and logic.



Bad example dude...due to the element of addiction you would have a large part of the population that would be chasing the dragon and be willing to pay whatever the price may be for their next fix.

If every single person in the country has an ounce of cocaine, cocaine would no longer be scarce and therefore drop in price.

It would be like corn, the US has a massive supply of corn, so it is extremely cheap.


The airdrop will shift the supply curve waaaayyyy to the right and the price of AUR will drop:


I've learnt to be wary of economics because there are too many assumptions.  For example:

1. Who says that all Icelanders are going to claim on day 1?
2. Who says they are going to sell on day 1?
3. I think most people will keep most of their AUR.
4. I believe there is US$7.6 Billion of trapped investment in Iceland.

Short answer is - no one knows what the airdrop is going to do the price of AUR.  But we do know that people's knowledge of cryptos will increase.


They will sell on day 1 to get their FREE $1000+ worth of Bitcoin or fiat.  A rational person will know he can get more if he sells before his neighbor sells.  This will lead to a selloff.  It's basic supply and demand: massive increase in supply will decrease scarcity and drop the price.

I will buy in after the selloff because I believe in the idea.  I don't believe in buying now to inevitably get burned though.
WHY you guys think there will be any 100% PURE distribution?
WHY government should give DEVELOPER their database?

WHERE developer shown any progress towards gathering anything from government officials at all?
Look at coins like ZEIT where people tend to stay in touch with "real" world, at least by intending to do so.

I see all you talking like "Yeah, every Icelander will receive 30 AURs" etc. but where any .gov site saying THERE WILL BE ANY EVENT HAPPENING?

https://www.google.com/search?q=iceland+government&tbm=nws NOTHING

EVEN if dev will distribute money among 100 closest friends/neighbours the reason of keeping other 10 MILLION + AURs stays intact:
All coins will eventually be dumped hard. And you will never know if it was a citizen dumping his 30 AURs or dev, what we will see at the end of the day will be falling numbers.

Such speculation,so crystal balls

Anyways,nobody know for now. Smiley
2489  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 06:51:42 PM
Big bubble comin?
2490  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 06:20:34 PM
THIS COIN IS EXPLODING! Sitting on 5, Ill wait it out. Halfway past Ripple's marketcap now. GO GO GO
Pump and dump....

I dont see any dump, juste everybody have faith on this coin Smiley
2491  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 04:10:08 PM
gooing to pass 0.1 BTC value soon .... I can feel it in my balls  Cool

I wonder what is the upper limit?

Can it go beyond bitcoin?!

In couple of years.. maybe Wink

Or if Bitcoin goes down to $100 Wink

In fact, nobody knows:)
2492  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 01:58:53 PM
If some Icelandic politicians were not coming out against Auroracoin, I would be worried.  The more such comments are made, the more likely the common man in Iceland will be to not only hear about Auroracoin, but to accept it.

I like that it has become big enough to make them nervous.

Very exciting!

Yeah me too ! Cheesy
2493  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 01:00:38 PM
Damn this coin have made some people rich  Grin ( not me of course,I have buy 4 AUR for 4$ each and now they worth 50$,good investisment  Cheesy )
2494  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 12:58:13 PM
AUR is not output by the official government. This can also be a bad joke.

Actually the gouv help de dev by sending all ID for that. so,we expect the next bitcoin there  Cheesy
What is "ID" and how can you send auracoins to "ID"?

Read last page pls,Everybody came with this affirmation....
2495  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 12:55:16 PM
wont the prizes drop 50% if the coins get the airdrop or what?
There won't be any airdrops.

shame on you ! Actually there are no problem and everything will be done
2496  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 12:54:28 PM
AUR is not output by the official government. This can also be a bad joke.

Actually the gouv help de dev by sending all ID for that. so,we expect the next bitcoin there  Cheesy
2497  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 12:53:32 PM
wont the prizes drop 50% if the coins get the airdrop or what?

Increase by 50% for a short period time
2498  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 01:28:55 AM
Damn,I have sell two yesterday for .025 and now is from .047... !


haha, thats f* life

Haha yeah !

But I have buy 5 AUR for 4$ each 3 day ago ,so I made my profit and still have 3,5  Cheesy

2499  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 03, 2014, 12:32:10 AM
Damn,I have sell two yesterday for .025 and now is from .047... !

2500  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Birdcoin Scrypt, POW, Kimoto Gravity Well. Have you heard about the bird? on: March 02, 2014, 10:32:20 PM
I really don't know how to solo mine...
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