[AUR] Auroracoin market observer

[molecular]

Just came across a terrific website for discussing altcoins from an investor's perspective. Molecular you might want to also discuss Auroracoin price action there, as a way of exposing Auroracoin to other speculators.

https://www.cryptocompare.com/coins/aur/overview/BTC

I tried and wrote quite a long opinion. Unluckily it got lost because their email confirmation system wasn't sending me the account activation link, so I couldn't submit the post ;(.

Might try again.

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[molecular]

So, I've been lazily observing that one huge account on bittrex.

It used to have around around 160 kAUR in it on the way down to 0.00014 BTC/AUR.

Now it has 260 kAUR in it:



I don't know how that happened. Did he buy those 100,000 or was it another transfer?

I still don't know wether or not it's true this account got filled with stolen coins, but I'm pretty sure it was the one used for dumping on us when we had that last rally end of October.

Not to spread fear, but I'm a little worried we might see another dump.

So any opinions / facts about this account and who/what's behind it?

[ny2cafuse]

So any opinions / facts about this account and who/what's behind it?

I would need them to verify, but I'm pretty sure it's either BioMike or LTEX.

I'll ask the team and post back when I find out.

-Fuse


EDIT- I can confirm that this is one of the team members.  They just haven't moved the coins off the exchange.  No worries of a dump.

[soltantgris]

So, I've been lazily observing that one huge account on bittrex.

It used to have around around 160 kAUR in it on the way down to 0.00014 BTC/AUR.

Now it has 260 kAUR in it:



I don't know how that happened. Did he buy those 100,000 or was it another transfer?

I still don't know wether or not it's true this account got filled with stolen coins, but I'm pretty sure it was the one used for dumping on us when we had that last rally end of October.

Not to spread fear, but I'm a little worried we might see another dump.

So any opinions / facts about this account and who/what's behind it?

Hi buddy !

I don't know about it all - and to be honest I do care little - I did appreciated the last dump.  Lot of people (including me) got some cheaper coins - and the market reacted very fast.  Don't know a lot of coin that would be able to absorb such hit without any damage.  It suck that stolen coins are out there, but as soon as someone drop these coins, this a treat disapearing.  I would jail this fucker - but there is little we can do - and you know we tried. 

[BioMike]

Yes, that wallet is me. I've moved some coins from the market, as it seems that it makes people nervous.

[molecular]

@nycafuse and @biomike: thanks for the info.

I don't know about it all - and to be honest I do care little - I did appreciated the last dump.  Lot of people (including me) got some cheaper coins - and the market reacted very fast.  Don't know a lot of coin that would be able to absorb such hit without any damage.  It suck that stolen coins are out there, but as soon as someone drop these coins, this a treat disapearing.  I would jail this fucker - but there is little we can do - and you know we tried. 

I also appreciate the recent dump. The sooner stolen coins get into better hands, the better. It also stopped the hype-based (on false hopes) rallye in its tracks, which is also a good thing. In addition I agree: it's good to be able to replenish ones stash at low prices.

[BioMike]

I've been following the market the last few weeks. Some observations:

* BTC price is up ~30% since the start of the year.
* USD price kept steady around 0.11 USD (+/- 0.02USD)
* The support wall at 12k sat. hasn't been touched since it has been placed a few weeks ago and support has been building up above it. Liquidity has been improved since November/December.

I think this is a good basis for some nice growth this year.

[molecular]

AUR has reached historical bottom valuations of BTC 0.00008



This low point has been touched a couple of times in the past as marked on my crude chart above.

It will be very interesting to see what'll happen. I haven't followed fundamentals much.

Any predictions?