[ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█

[fapnnap]

!!!!!!Scam Warning : Red Flags Listed below!!!!!!!!

1. The original owner abandoned this coin after he found platforms to be unprofitable. https://bitcointalk.org/index.php?action=profile;u=380677 This is the original owner.

2. Cryptohub has been hacked and has lost 80% of all AU located on the exchange. https://cryptohub.online/ (Hit by DDOS and taken offline)

3.     Address                                           Balance (AU)    %

1   17F3CyuAFxnGu3fRVCiS3ZRArxrVetU494   49002.52474750   16.40

2   12p96MtRb7rGYozfD4yxyDgUiRThynZeNR   48704.21200000   16.30

3   1P6T8FBKfCEj2ZKuXsR5QraMQfUGfEEw7b   37110.10280700   12.42

These three Address control over 50% of the Aurumcoin supply.

4. This coin has been hit by several hacks, pump and dumps and 51% attacks.

5. The team is fairly incompotent (unfortunately) and is not able to properly maintain this coin (hence the security flaws)


PLEASE BE CAUTIOUS WHEN INVESTING IN THIS COIN, YOUR INVESTMENT MAY NOT BE SAFE.
_________________

lol holders dont make the scam, the creator does (and the current fairly incomptent team if i'm brutally honest) and the original creator already abandoned this coin. The fact that the 3 wallets holding half of all of the coins is not the creator of the coin (or if he is and the fact he abandoned it) is a good incentive for it to be dumped in the future. The only reason they probably didn't sell yet is the fact that there is no volume and liquidity

also auking...whoever runs that twitter is...wow. That article is available on the front page of google, but it was due to an outlier on CMC's exchange detection. Someone bought a small amount on cryptohub which led to the glitch on CMC, but more than anything that same exchange has now got hacked and lost 80% of all aurumcoin

an even distribution is healthy and this coin doesn't have that hence it's really a coin that no one should ever invest in

Yeah you have to be careful with this coin

"
1. By abandoning the project it leads to a lack of confidence in the project. But more than anything, the general incompetence of the current "team" is a bad thing as they are unacknowledgeable about how crypto AND gold works. Gold requires licensing and can take a year+ for approval and will not only need this coin to be stable, but it will need to have some way to be audited. This coin is NOT stable and has had MANY pump and dumps. No one in the community has even put forth any structure to back it by gold, even WHEN the value was there, the only thing spouted was the generic "HODL, MONEY IS COMING REEE"

2.No argument, it's been proven that CH has been hacked and DDoS'd and 80% of the supply was stolen.

3. Why would having the top 3 wallets control 50% of the supply of a coin be a good thing? If you want the value to be stable you don't want such uncertainity. This is bad, no matter how you look at it.

4. Look at CMC, lots of pump and dumps have taken place. If you look at the SC, it's SUPER easy to 51% attack this coin.

5. Team is incompetent yes, see number 1.





= NO ONE, ITS A SCAM

too lazy to spell out the problems with this coin, but this post some pages back sums it up

+rossen ran off after setting this coin up for a 51% attack

any response to this?

this scam still running tho

also any response to this?

any response to this?

[1715034332]

1715034332

[fapnnap]

uh, you do realize that 51% attacks work regardless of volume right? it's running on a super outdated bitcoin codebase

https://www.investopedia.com/terms/1/51-attack.asp

it's really easy to NH this coin and destroy it / make illegimate profits through 51% attacks on it+there's only like 3 people controlling most of the supply

and nope, this coin doesnt even have any active developers after rossen left

[fapnnap]

!!!!!!Scam Warning : Red Flags Listed below!!!!!!!!

1. The original owner abandoned this coin after he found platforms to be unprofitable. https://bitcointalk.org/index.php?action=profile;u=380677 This is the original owner.

2. Cryptohub has been hacked and has lost 80% of all AU located on the exchange. https://cryptohub.online/ (Hit by DDOS and taken offline)

3.     Address                                           Balance (AU)    %

1   17F3CyuAFxnGu3fRVCiS3ZRArxrVetU494   49002.52474750   16.40

2   12p96MtRb7rGYozfD4yxyDgUiRThynZeNR   48704.21200000   16.30

3   1P6T8FBKfCEj2ZKuXsR5QraMQfUGfEEw7b   37110.10280700   12.42

These three Address control over 50% of the Aurumcoin supply.

4. This coin has been hit by several hacks, pump and dumps and 51% attacks.

5. The team is fairly incompotent (unfortunately) and is not able to properly maintain this coin (hence the security flaws)


PLEASE BE CAUTIOUS WHEN INVESTING IN THIS COIN, YOUR INVESTMENT MAY NOT BE SAFE.
_________________

lol holders dont make the scam, the creator does (and the current fairly incomptent team if i'm brutally honest) and the original creator already abandoned this coin. The fact that the 3 wallets holding half of all of the coins is not the creator of the coin (or if he is and the fact he abandoned it) is a good incentive for it to be dumped in the future. The only reason they probably didn't sell yet is the fact that there is no volume and liquidity

also auking...whoever runs that twitter is...wow. That article is available on the front page of google, but it was due to an outlier on CMC's exchange detection. Someone bought a small amount on cryptohub which led to the glitch on CMC, but more than anything that same exchange has now got hacked and lost 80% of all aurumcoin

an even distribution is healthy and this coin doesn't have that hence it's really a coin that no one should ever invest in

Yeah you have to be careful with this coin

"
1. By abandoning the project it leads to a lack of confidence in the project. But more than anything, the general incompetence of the current "team" is a bad thing as they are unacknowledgeable about how crypto AND gold works. Gold requires licensing and can take a year+ for approval and will not only need this coin to be stable, but it will need to have some way to be audited. This coin is NOT stable and has had MANY pump and dumps. No one in the community has even put forth any structure to back it by gold, even WHEN the value was there, the only thing spouted was the generic "HODL, MONEY IS COMING REEE"

2.No argument, it's been proven that CH has been hacked and DDoS'd and 80% of the supply was stolen.

3. Why would having the top 3 wallets control 50% of the supply of a coin be a good thing? If you want the value to be stable you don't want such uncertainity. This is bad, no matter how you look at it.

4. Look at CMC, lots of pump and dumps have taken place. If you look at the SC, it's SUPER easy to 51% attack this coin.

5. Team is incompetent yes, see number 1.





= NO ONE, ITS A SCAM

too lazy to spell out the problems with this coin, but this post some pages back sums it up

+rossen ran off after setting this coin up for a 51% attack

any response to this?

this scam still running tho

also any response to this?

any response to this?

also what will you do about the supply being controlled by a select few?

[AUKING]

The BIG investors are gold traders and can replace the coins for gold, that is what I know.
This is good because they don't want fast money but support gold backing. The small investors speculate are the problem, if every holder won't sale for less than 1 oz value coin will be gold replacement very soon.

[AUKING]

The BIG investors are gold traders and can replace the coins for gold, that is what I know.
This is good because they don't want fast money but support gold backing. The small investors speculate are the problem, if every holder won't sale for less than 1 oz value coin will be gold replacement very soon.

@fappnap, you never explained what you want here? If you have coins and don't believe please sell them, what you do here except write the same post over and over again.

[fapnnap]

eh, no idea i just like to point out the flaws in coins, its fun to challenge fallacy defenses  

i must say though, even after the administrators abandoned this coin, all the drama and the 51% attacks, its kinda interesting to see how much you love this coin, I hope you don't lose your soul on this. Legitimately, this coin is a scam but its interesting to see nevertheless

[fapnnap]

lol it got 51% attacked again?  

the main reason i love this coin is because everytime i come here it's either under siege by some dark web group, rossen is performing a 51% attack with NH, part of the supply has gone missing, etc (reminds me of triangles in a way, but triangles was a safer investment)

part of me feels bad for AUKing, but another part of me is like, this is the coin that keeps on giving! keep an eye on it!  

[fapnnap]

https://www.ccn.com/claim-crypto-exchange-lost-500000-due-to-aurumcoin-51-attack

what happened with cryptopia is happening to CE now, you guys really need to have your chain fixed its too easy to hack on that old flawed codebase

Useful tip for your coin : Have you considered simply making it a stable coin tied to gold, fixing the codebase and forking to deal with all the hacked and stolen coins missing from this project?

[fapnnap]

*grabs popcorn*

[fapnnap]

nope i gave up on them, cryptopia kinda sucks though lol

[fapnnap]

idk man, this coin got 51% attacked but cryptopis isn't exactly praiseworth with how they're handling all this lol

i mean i only lost $100 +/-, but there are people with 5+ bitcoins on that exchange, they must be REALLY mad at cryptopia lol

[Arhgus]

Where are @rossen or @Althor49 ?
Any plan?

I think their mission is completed. they are no longer needed

[AUPRINCE]

1) We need new developers for security
2) We need to replace mining
3) We need to understand about cryptopia or coin exchange, where are our coins?
4) We need a fork of this coin to replace lost coins, we had to do this before...
5) We need to collaborate together
6) We need to STOP thinking of the past and see the future for this coin if we want!

One question:
Why in aurum coin site say 3 milioni + of coins to mine while the coins are only 300000???
https://www.aurumcoin-au.com/index.html

Aurumcoin(AU) blockhalving
1-150000 = 1 AU / block = 150.000AU
150001-300000 = 0.5 AU / block = 75.000AU
300001-450000 = 0.25 AU / block = 37.500AU
450001-600000 = 0.125 AU / block = 18.750AU
600001-750000 = 0.0625 AU / block = 9.375AU
750001-900000 = 0.03125 AU / block = 4.867AU
900001 - 1050000 = 0,0156 AU / block = 2.343AU
1050001 - 1200000 = 0.0078125 AU / block = 1.171AU
1200001 - 1350000 = 0,00390625 AU / block ~ 586AU
1350001 - 1500000 = 0.001953125 AU / block ~ 293AU
1500001 - 1650000 = 0,000976563 AU / block ~ 145AU
1650001 - 1800000 = 0.000488281 AU / block ~ 73AU
1800001 - 1950000 = 0.000244141 AU / block ~ 37AU
1950001 - 2100000 = 0.000122070 AU / block ~ 18AU
2100001 - 2250000 = 0.000061034 AU / block ~ 9,16AU
2250001 - 2400000 = 0.000030518 AU / block ~ 4,58AU
2400001 - 2550000 = 0.000015256 AU / block ~ 2,29AU
2550001 - 2700000 = 0.000007629 AU / block ~ 1,14AU
2700001 - 2850000 = 0.000003815 AU / block ~ 0,57AU
2850001 - 3000000 = 0.000001907 AU / block ~ 0,29AU
3000001 - 3150000 = 0.000000954 AU / block ~ 0,14AU
at this Point are 299999,85 AU Coins mined

[Arhgus]

1) We need new developers for security
2) We need to replace mining
3) We need to understand about cryptopia or coin exchange, where are our coins?
4) We need a fork of this coin to replace lost coins, we had to do this before...
5) We need to collaborate together
6) We need to STOP thinking of the past and see the future for this coin if we want!

One question:
Why in aurum coin site say 3 milioni + of coins to mine while the coins are only 300000???
https://www.aurumcoin-au.com/index.html

Aurumcoin(AU) blockhalving
1-150000 = 1 AU / block = 150.000AU
150001-300000 = 0.5 AU / block = 75.000AU
300001-450000 = 0.25 AU / block = 37.500AU
450001-600000 = 0.125 AU / block = 18.750AU
600001-750000 = 0.0625 AU / block = 9.375AU
750001-900000 = 0.03125 AU / block = 4.867AU
900001 - 1050000 = 0,0156 AU / block = 2.343AU
1050001 - 1200000 = 0.0078125 AU / block = 1.171AU
1200001 - 1350000 = 0,00390625 AU / block ~ 586AU
1350001 - 1500000 = 0.001953125 AU / block ~ 293AU
1500001 - 1650000 = 0,000976563 AU / block ~ 145AU
1650001 - 1800000 = 0.000488281 AU / block ~ 73AU
1800001 - 1950000 = 0.000244141 AU / block ~ 37AU
1950001 - 2100000 = 0.000122070 AU / block ~ 18AU
2100001 - 2250000 = 0.000061034 AU / block ~ 9,16AU
2250001 - 2400000 = 0.000030518 AU / block ~ 4,58AU
2400001 - 2550000 = 0.000015256 AU / block ~ 2,29AU
2550001 - 2700000 = 0.000007629 AU / block ~ 1,14AU
2700001 - 2850000 = 0.000003815 AU / block ~ 0,57AU
2850001 - 3000000 = 0.000001907 AU / block ~ 0,29AU
3000001 - 3150000 = 0.000000954 AU / block ~ 0,14AU
at this Point are 299999,85 AU Coins mined

 site fill error

[fapnnap]

welp im happy, got my bitcoin off cryptopia

i hope you guys are successful with...well, w/e this project is lol

[Arhgus]

The main problem is that we investors need a decent exchange!!!

everything goes as it should be, and there can be no other way. It’s not just that the wallet is locked on a coin exchange. Everything has its time. and soon 

[fapnnap]

The main problem is that we investors need a decent exchange!!!

everything goes as it should be, and there can be no other way. It’s not just that the wallet is locked on a coin exchange. Everything has its time. and soon  

Do you know something we don't? Please tell everyone...

shh, he's the one that's performing a 51% attack on this coin, be careful 

[Arhgus]

The main problem is that we investors need a decent exchange!!!

everything goes as it should be, and there can be no other way. It’s not just that the wallet is locked on a coin exchange. Everything has its time. and soon  

Do you know something we don't? Please tell everyone...

I am the same as you. and I feel that the coin is not simple   

[fapnnap]

I dont think anyone wants to donate "$6000" worth of coins...lol...

[fapnnap]

ps, this coin is still possible to attack, be careful