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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 22, 2014, 08:03:42 PM
Why does the AUR network struggle when there are 80+ transactions in a block? Is this is a flaw in how it operates? It seems like all the lagged blocks have a larger than average number of transactions, and those transactions are more complex than average. It still doesn't seem as though AUR should be able to process 50 transactions in 2 minutes, but then take 8 hours to process 135.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 20, 2014, 03:51:21 AM
no idea of legit or not, a quick search reveals nothing but this bitcoin talk post quoted at bottom

Quote
Auroracoin - The Payment Choice of CryptoLocker Ransomeware[/u]
It wasn't me but this shit is genius. I highly suspect the Icelandic authorities hired a crew to do this as the resources needed to do this, this quickly are huge.
~BCX~
https://bitcointalk.org/index.php?topic=522354.0

Sounds like BCX making stuff up to appease his vendetta against Auroracoin.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 19, 2014, 12:43:05 AM
I am going to be more interested in what KGW does than the airdrop. I don't think the airdrop is going to have an immediate impact.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 18, 2014, 02:09:21 AM
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

Block times, in UTC.


Cryptsy chart, note it's Eastern Time, which is -5 UTC( add +5 for UTC)


You'll see that the larger volume downward trend seems to start right around 15:00 - 17:00, which also coincides with the block getting stuck, then it just continues to roll downhill.

I am not saying that it was the only reason, but it certainly didn't add confidence. It may have got the ball rolling faster on what would have been a smaller drop. Many people were complaining of transactions not going through and frustrated that mining wasn't going anywhere.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 18, 2014, 01:07:00 AM
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: March 16, 2014, 08:44:12 PM
There seems to be no floor. I wonder if it'll go below 0.01 BTC.
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