AURORACOIN - Empowering Financial Freedom

[rocanonz]

I am quite shocked to see only 206 FB followers(mostly foreigners) for a coin that got distributed to 40 000 people. I am starting think this really was a scam.

Official (5.500+ likes) https://www.facebook.com/auroracoin.org?ref=ts&fref=ts
Discussion group (1.321 members) https://www.facebook.com/groups/AuroraCoin/
Icelandic auroracoin trade group (3.000+ members) https://www.facebook.com/groups/544259455688424/?ref=ts&fref=ts

I didn't knew it. 1,321+ 3,096 + 5,515 facebook group members are quite allot for a underground project in Iceland
This makes it clear. There is a real interest for AUR in Iceland. I predict the interest will grow.

[BritcoinFTW]

I am quite shocked to see only 206 FB followers(mostly foreigners) for a coin that got distributed to 40 000 people. I am starting think this really was a scam.

Corrcection.
https://bitcointalk.org/index.php?topic=1044432.msg11267267#msg11267267

Is there currently a btc/ISK exchange for Icelanders, if not the team must get the AUR/ISK exchange up very fast otherwise Icelanders will just use bitcoin instead for security and peace of mind.

[apcoins]

I am quite shocked to see only 206 FB followers(mostly foreigners) for a coin that got distributed to 40 000 people. I am starting think this really was a scam.

Corrcection.
https://bitcointalk.org/index.php?topic=1044432.msg11267267#msg11267267

Is there currently a btc/ISK exchange for Icelanders, if not the team must get the AUR/ISK exchange up very fast otherwise Icelanders will just use bitcoin instead for security and peace of mind.

One is being set up, it is really close to Beta test.

[calagan]

In a closed loop crypto system, there isn't a need for fiat.  When I go and buy a beer with AUR, I expect that bar owner to go and buy breakfast in the morning with it.  And then that shop owner goes and buys petrol for his car with it.  The petrol employee gets paid with it and goes out and buys his wife a wedding ring with it.  And the jeweler goes out and celebrates at the movies for making an awesome sale that day.  And so on and so forth.

I don't believe you can acheive closed loop crypto system without achieving autarky. Most of the goods listed in your post (coffee, cars, jewels) originate from outside Iceland and require to be imported using fiat currency so you need to make sure to maintain strong, sustainable value vs fiat currency.

[worth]

I still think a country coin will be one of the big landmarks in the history of cryptocurrency adoption. Time will tell which one will be first...

[resUnioC]

would be nice to read something from a icelander.
some experience with the coin and where he use it...

[rocanonz]

I still think a country coin will be one of the big landmarks in the history of cryptocurrency adoption. Time will tell which one will be first...

I think there are two contenders for the title of "first successful national cryptocurrency". One is AUR and the other one is Guldencoin.
Guldencoin is in the much difficult position because the country financial system is based on the EURO backed by the EU behemot. Iceland recently quit the european integration. That means independence!
Also the size of the country matters.
Finland has a national aidrop cryptocurrency running. But i didn't follow FIMK too much.
My believe is that if a national cryptocurrency with wide adoption will emerge, it will be from a northern country.

[LTEX]

When you guys expect to share a gameplan for Aurorad Foundation ?

I already shared an idea i think is worth discussing - being targetting some merchands selling ''exportable'' stuff, so foreigners would be able to spend AUR to get goods in Iceland. A good opportinity imo. Iceland merchands would bring back AUR home, while sharing Icelandic culture - traditional stuff, etc (clothes, artwork, music, books). So getting officials involved would not be that difficult - everybody would win. Good for image, good for Aur, good for businesses. 

I think that it would be a good starting point (after few conferences, booklets, mailers, etc).

Maybe make a specific topic on the official forum to discuss this in detail.

Sure - but wanted to see first if this was something making sense to others here. I, for sure, would spend AUR in iceland with pleasure !   ''Export goods, import AUR!''

I think it's an excellent idea! We are surely going to pick that up once we have the basics in place... 

[BritcoinFTW]

I still think a country coin will be one of the big landmarks in the history of cryptocurrency adoption. Time will tell which one will be first...

I think there are two contenders for the title of "first successful national cryptocurrency". One is AUR and the other one is Guldencoin.
Guldencoin is in the much difficult position because the country financial system is based on the EURO backed by the EU behemot. Iceland recently quit the european integration. That means independence!
Also the size of the country matters.
Finland has a national aidrop cryptocurrency running. But i didn't follow FIMK too much.
My believe is that if a national cryptocurrency with wide adoption will emerge, it will be from a northern country.

I agree on the 2 contenders mate, unfortunately for the UK there is a lot of other coins where the developers are UK based so a need for a country coin wasn't going to be easy. Part of the reason why britcoin failed, if guldencoin was AUR the price of AUR would be over 100k now with what guldencoin has achieved and it doesn't have the whole "scammy" start to it. rocanonz is correct that aur will be much easier to achieve acceptance and might be the countrycoin that makes the first jump into top 10 coins. That being said when AUR works I think Guldencoin will take off like a rocket and might cater for the whole of Europe and not just Netherlands.

[LTEX]

I still think a country coin will be one of the big landmarks in the history of cryptocurrency adoption. Time will tell which one will be first...

I think there are two contenders for the title of "first successful national cryptocurrency". One is AUR and the other one is Guldencoin.
Guldencoin is in the much difficult position because the country financial system is based on the EURO backed by the EU behemot. Iceland recently quit the european integration. That means independence!
Also the size of the country matters.
Finland has a national aidrop cryptocurrency running. But i didn't follow FIMK too much.
My believe is that if a national cryptocurrency with wide adoption will emerge, it will be from a northern country.

I agree on the 2 contenders mate, unfortunately for the UK there is a lot of other coins where the developers are UK based so a need for a country coin wasn't going to be easy. Part of the reason why britcoin failed, if guldencoin was AUR the price of AUR would be over 100k now with what guldencoin has achieved and it doesn't have the whole "scammy" start to it. rocanonz is correct that aur will be much easier to achieve acceptance and might be the countrycoin that makes the first jump into top 10 coins. That being said when AUR works I think Guldencoin will take off like a rocket and might cater for the whole of Europe and not just Netherlands.

Which is why this guy is backing both with true dedication! I think both coins can learn from each other and benefit from their synergy. They both have their own unique specifics but in the end share the same goals.

[Skarfur]

I still think a country coin will be one of the big landmarks in the history of cryptocurrency adoption. Time will tell which one will be first...

I think there are two contenders for the title of "first successful national cryptocurrency". One is AUR and the other one is Guldencoin.
Guldencoin is in the much difficult position because the country financial system is based on the EURO backed by the EU behemot. Iceland recently quit the european integration. That means independence!
Also the size of the country matters.
Finland has a national aidrop cryptocurrency running. But i didn't follow FIMK too much.
My believe is that if a national cryptocurrency with wide adoption will emerge, it will be from a northern country.

I agree on the 2 contenders mate, unfortunately for the UK there is a lot of other coins where the developers are UK based so a need for a country coin wasn't going to be easy. Part of the reason why britcoin failed, if guldencoin was AUR the price of AUR would be over 100k now with what guldencoin has achieved and it doesn't have the whole "scammy" start to it. rocanonz is correct that aur will be much easier to achieve acceptance and might be the countrycoin that makes the first jump into top 10 coins. That being said when AUR works I think Guldencoin will take off like a rocket and might cater for the whole of Europe and not just Netherlands.

If AUR would have any positive affect on Guldencoin or any other serious coin for that matter, we would be on the right track. We are not here to compete with other coins but to strengthen the foundation of all cryptocurrencies. If the Icelandic public would decide to take Guldencoin over AUR at some time, it would be a great moment as it would mean that people have gotten involved and have made their own choice. Not been forced to accept something they don't want by a central entity.

[Danslip]

We have passed Digibyte and Novacoin. Which coins will we eat up next? Max Ks coin is next.

[soltantgris]

My take on the next chapter (posted into AUR forum).

http://auroraspjall.is/viewtopic.php?f=6&t=170

[soltantgris]

Some food for discussion (algo related) in AUR forum : http://auroraspjall.is/viewtopic.php?f=8&t=171

[molecular]

I am quite shocked to see only 206 FB followers(mostly foreigners) for a coin that got distributed to 40 000 people. I am starting think this really was a scam.

Official (5.500+ likes) https://www.facebook.com/auroracoin.org?ref=ts&fref=ts
Discussion group (1.321 members) https://www.facebook.com/groups/AuroraCoin/
Icelandic auroracoin trade group (3.000+ members) https://www.facebook.com/groups/544259455688424/?ref=ts&fref=ts

I didn't knew it. 1,321+ 3,096 + 5,515 facebook group members are quite allot for a underground project in Iceland
This makes it clear. There is a real interest for AUR in Iceland. I predict the interest will grow.

Thanks for the stats.

I don't think you can add these number up, though. A lot of people are probably in more than one of these sets.

[rocanonz]

I am quite shocked to see only 206 FB followers(mostly foreigners) for a coin that got distributed to 40 000 people. I am starting think this really was a scam.

Official (5.500+ likes) https://www.facebook.com/auroracoin.org?ref=ts&fref=ts
Discussion group (1.321 members) https://www.facebook.com/groups/AuroraCoin/
Icelandic auroracoin trade group (3.000+ members) https://www.facebook.com/groups/544259455688424/?ref=ts&fref=ts

I didn't knew it. 1,321+ 3,096 + 5,515 facebook group members are quite allot for a underground project in Iceland
This makes it clear. There is a real interest for AUR in Iceland. I predict the interest will grow.

Thanks for the stats.

I don't think you can add these number up, though. A lot of people are probably in more than one of these sets.

That's for sure, but I guesstimate 6000 + facebook followers. Not bad for a group that nobody took care for months. But I hope that will change in the near future.

[baldur odinson]

QUOTE:



"My name is Pétur Árnason and I'm one of the founders of the Auroracoin foundation and am a part of the new dev team.

I want to state this now so we are all clear on this.

We are not trying to hype the coin nor get any of you here to buy the coin. We are taking over this project because we believe in it's potential here in Iceland and we will be working towards that goal not to get a few traders on BCT to buy a few coins. So I think I can't make it more plan than this. Do not buy the coin if you are not from Iceland. If you are however and you have your doubt's then you can send me a PM here or at auroraspjall.is and I would be more than willing to meet you face to face to discuss what we are doing here and why.

If you are however interested in this project and it's potential, then feel free to join us in this experiment and help us get this coin adopted by the Icelandic public. We are a determined group that fully understand that this project will take some years of dedication before it can be called a success and all of us are ready to take on that work.

If you are asking why then it's because of Auroracoins huge distribution in Iceland. I think most here don't realise what that means. This coin has more chance of getting public adoption in the next years than any coin around, including Bitcoin. That is for two reasons and for those who are interested, I'll explain.

First is Iceland.
Iceland has all the perfect conditions to adopt a cryptocurrency.
We had a crash here in 2008 that is the result of the flawed monetary system we have today and people here are unhappy with this system and are still angry at the system.
People here know that the króna is a zombie currency that has been inflated many times beyond it's capacity and they know it will fail again.
Iceland has capital control in place which greatly limits the foreign currency that the public can get.
We have a very high rate of technology adoption in Iceland and one of the highest Internet usage per capita in the world.

The second being the success of the first airdrop stage.
There were claims for over 10% of the nation and there are still over 20.000 of these that are still holding their original claims. No matter how you put it the exposure Auroracoin got in Iceland at that time is unparallelled anywhere in the world. In no other country in the world does as high percentage of the public been exposed to a cryptocurrency and nowhere else do more people own a cryptocurrency. The amount of claims does not even come close to showing the the amount of exposure the coin got here at this time. This is what makes Auroracoin special and is far more valuable than any market cap can tell you.

What this all means is that Iceland is the perfect environment to get people to adopt a cryptocurrency. If we succeed in that all of the crypto community will benefit from it as Auroracoin would hit all the possible obstacles on the way, be it social, legal or technical. It would demonstrate all the benefits and disadvantage of cryptocurrency adoption which other coins can learn from. Auroracoins adoption in Iceland would be a small scale simulation of how adoption would likely play out in larger economy's and it would benefit our crypto community as a whole.

This is why we dedicate ourselves to this project. Our goal is general adoption of cryptocurrencies in general, not just Auroracoins.

So just to be clear on this. If you are not from Iceland, do not buy the coin. There is a plethora of other coins out there much better for general trading."

I love this.

May I challenge you on this sir

1. The foundation is 75% non icelandic
2. Foreign investors only create more incentive for Icelanders to usE it, not dump it
3. You have no proof that most of the coin is distributed to foreigners
4. Most of The coin is most likely distributed to Icelanders.
5. If you won't hype the coin then I will: aurora is the god of dawn and " opens the gates" for Apollo. Auroracoin will open the gates to a new dawn for the world!

[sunny67]

It does not matter that the dev stole some coin, it been said many time by others that Icelanders don't know about btctalk. I won't be much on for next month to follow this thread but I advise everyone not to sell coins cheap. I have built up close to 1% of the total supply just by trading and will sell in small quantity when time is right not to crash market. Good luck to team if it fails I don't care if it succeeds I make some extra money and become rich off teams hard work. bye for now.

How much of the premine got distributed to Icelanders and how much did the dev steal?

[molecular]

How much of the premine got distributed to Icelanders and how much did the dev steal?

we don't know

satisfied?

[apcoins]

It does not matter that the dev stole some coin, it been said many time by others that Icelanders don't know about btctalk. I won't be much on for next month to follow this thread but I advise everyone not to sell coins cheap. I have built up close to 1% of the total supply just by trading and will sell in small quantity when time is right not to crash market. Good luck to team if it fails I don't care if it succeeds I make some extra money and become rich off teams hard work. bye for now.

How much of the premine got distributed to Icelanders and how much did the dev steal?

As far as i know no premine was stolen, there are some that question about 40k in many small transactions. This has been explained but still some believe this to be the amount.

In the link below you can examine the transactions from the airdrop, amount and the rest of the premine that was burned (about 5.4 million)
http://blockexplorer.auroracoin.eu/chain/AuroraCoin