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Author Topic: [ANN]█▅ AurumCoin AU ▅█ Welcome to Aurumcoin(AU) Project █▅ 2014-2017 ▅█  (Read 89409 times)
xtraelv
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January 04, 2019, 12:15:18 PM
Last edit: January 04, 2019, 01:06:45 PM by xtraelv
 #1401

The miners takes fee not Aurumcoin.
They just pointed that cryptopia lied.
And last thing this possession is amazing it looks like this coin does go towards gold-backing.

Massive instamine is earnings. Miners make up part of the network. Taking the fee is controlled by the aurumcoin code.

The developers of Aurumcoin financially benefited from the creation of Aurumcoin. Are you trying to say it is a not for profit charity ?

Who lied ?

Proof Aurumcoin lied:

Lie #1
AurumCoin – The first distributed open source cryptocurrency to be backed by gold




Proof it is a lie:



Aurumcoin has NO GOLD.

It has no gold so it is not the first.
It cannot become the first because there are other crypto currencies already backed by gold.

https://www.ft.com/content/6d51117e-5806-11e3-a2ed-00144feabdc0
e-gold was the first electronic currency backed by actual gold.

Perth Mint is currently a reputable company offering a gold backed crypto.
https://www.perthmint.com/media-release-InfiniGold-and-TPM-digital-gold-cert.aspx
Perth mint has actual gold backed Crypto https://www.infinigold.com/

Someone has to be responsible for the gold. Perth Mint has been a trusted company for many years.

https://onegram.org
Onegram is a decentralized crypto backed by gold.

Lie #2
Cryptopia got hacked


https://archive.fo/iNLQa
Proof it is a lie:
Aurumcoin published on 10 November that “Cryptopia got hacked”.
This is untrue. None of the exploits used in the 51% attack touched the Cryptopia servers.

Aurumcoin got 51% attacked. In this attack a single attacker took over the blockchain and “overruled” the previously mined blocks by the honest miners and replaced it with “privately mined blocks that were mined in secret by the attacker”. This reversed transactions that had been previously confirmed by the Aurumcoin network. The exploit occurred entirly on the Aurumcoin network.

Balance of funds are held on the distributed ledger (Blockchain). A hardware wallet only holds the public and private keys. The private keys remain secure.
This means that if funds are reversed they are removed from the distributed ledger (Aurumcoin blockchain) and become no longer available.
None of this is under the control of the wallet owner. This process occurs entirely on the Aurumcoin network.


Lie #3
Cryptopia do not admit a 51% attack


https://archive.fo/cOcYF  

Proof it is a lie:

9 November Cryptopia publishes the 51% attack. Prior to this Cryptopia sent a report on the 51% attack to the Aurumcoin developers.

https://archive.fo/iNLQa  10 November Aurumcoin Claims Cryptopia was hacked.
https://archive.fo/cOcYF  11 November Aurumcoin claims Cryptopia do not admit a 51% attack

Lie #4
Aurum coin was worth $40 before Cryptopia paused the market.



Proof it is a lie:

https://coinmarketcap.com/currencies/aurumcoin/

It was worth less than $4



Aurumcoin lied and refused to communicate:



They have lied about lots of things and that make them a scam.

They could easily fork to return the funds. Like verge did.

https://news.bitcoin.com/verge-is-forced-to-fork-after-suffering-a-51-attack/

They could easily fork to return the funds like Ethereum did after the DAO attack.

They could easily fork to return the funds like smartcash did after their zerocoin exploit.

They could easily pay back the coins like many other coins that were 51% attacked did.



Aurumcoin doesn't care about their users.

Aurumcoin doesn't care that their exploited blockchain caused losses.

These are the people that promised gold backing but failed to deliver !




If 15K was taken through a 51% attack then think about it - such an amount is only owned by the top 50 holders of AU.

97.85% of the coin is held by the top 100 holders. Inside job ?

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
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AUKING
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January 04, 2019, 01:53:59 PM
 #1402

@Rossen, why didn't you made a fork to bring back coins to craptopia?
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January 04, 2019, 08:16:33 PM
 #1403

A lot of attackers to the Au coin appeared after the declared attack  51%. But no one has explained the main thing. Only the owner of  more than 50% of the Au coins can commit  attack 51%. Our main owner Rossen has 80% of Au coins. But he has all the coins in one wallet and the activity from his wallet for the last six months is 0%. Let Rossen show everyone screens of their transactions from the blockchain. No one has ever deceived the blockchain. Cryptopia has killed a lot of coins over the past year, for example, Pac coin. The attack 51% was announced , but no evidence was presented. But on the Coinexchange.io always sold no more than 500 coins, and now more than 1000 and all the time the number of coins is growing. Where they come from?
xtraelv
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January 04, 2019, 09:44:48 PM
Last edit: January 05, 2019, 01:34:08 AM by xtraelv
 #1404

A lot of attackers to the Au coin appeared after the declared attack  51%. But no one has explained the main thing. Only the owner of  more than 50% of the Au coins can commit  attack 51%. Our main owner Rossen has 80% of Au coins. But he has all the coins in one wallet and the activity from his wallet for the last six months is 0%. Let Rossen show everyone screens of their transactions from the blockchain. No one has ever deceived the blockchain. Cryptopia has killed a lot of coins over the past year, for example, Pac coin. The attack 51% was announced , but no evidence was presented. But on the Coinexchange.io always sold no more than 500 coins, and now more than 1000 and all the time the number of coins is growing. Where they come from?

1) No a 51% attack on a POW coin doesn't require a lot of coins. It requires 51% or more of the mining power. (51% coin holding applies to POS coins) But with aurumcoin there are so few coins in general circulation that even a 250 coin holding puts that person in the top 100 coin wallets. So how did someone deposit 15000 coins (multiple transactions) unless they were a substantial holder.
Only 6400 coins are shared by all the wallets combined outside of the top 100 holders. The wallets of the top 50-75 holders only contain an average of 260 coin each.
It means it is is extremely likely that the attack was committed by a top 50 holder.


2) Aurumcoin has made it clear that they have no intent to communicate about it in their twitter post. Why would they not want to co operate with a coin theft investigation / discussion that occurred on their network ? (reconcile =  resolve differences in financial transactions)



3) The reason for the coinexchange.io volume increase is because until recently the blockchain was dead. No new blocks found. No working block explorer. This meant no one could send coins and no one could check transactions. Coinexchange also had their wallet in maintenance so no one could deposit.. so the same person or persons that already held coins on coinexchange were buying and selling the same coins to themselves to fake the volume and price. As soon as the wallet opened for deposits there were people dumping coins and the price plummeted.



From the market data you can see that when any volume is sold the price plummets. It appears that soon afterwards a "purchase" is made (trader buying their own coins) to give the appearance that the price is higher than it really is.



As soon as real volume is sold on the exchange it sells for far less. But then a quick low volume purchase is made to give the illusion that the price hasn't plummeted.

We are surrounded by legends on this forum. Phenomenal successes and catastrophic failures. Then there are the scams. This forum is a digital museum.  
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rvk53
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January 05, 2019, 04:42:19 AM
 #1405

    I have been watching the Au coin since 2014. Long ago I had 600 coins and sold them cheap. After
my stupid mistake I always buy this coin and do not regret. Au  always bring me profit without any gold. But for all the time, for the first time I see such volumes on Coinexchange. Given the low mining of less than 2 coins per day and the fact that almost all the coins are in the hands of the same people who never sell their coins cheaply, the appearance on the  exchange of so many cheap sellers causes mistrust.
   Such activity of new people here also causes distrust. . Why has cryptopia frozen trade since summer itself? And then immediately attack 51%? And the eternal expectations of conclusions for 3 days or confirmation of input for days? It's good that I stopped trusting this exchange at the beginning of last year after some losses with other coins also !
fapnnap
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January 05, 2019, 03:36:18 PM
 #1406

holy **** this scam is still going?!

..........and why does one person hold 80% of AU coins?!?!?!?!?!?!?!??!?!?!?!?!

*grabs popcorn*
fapnnap
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January 06, 2019, 02:28:39 PM
 #1407


..........and why does one person hold 80% of AU coins?!?!?!?!?!?!?!??!?!?!?!?!


I think the reason this 80% of coins are held for Gold-backing!!!
If these holders wanted to make fast profit they could do this long time ago (5M USD FAST PROFIT!!!! BUT NO!!!!!!).
The whales know gold-backing is on the way!

lol...

*eats more popcorn*
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January 06, 2019, 06:30:03 PM
 #1408

lemme give some advice as a friend auking

no one of any coin, no matter what the coin is should ever hold 80% of a coin...how do you even establish trust if a single entity that you don't know the identity of holds 80%?

like...it's not even FUD, but it just makes me wonder how it's possible to defend that lol
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January 07, 2019, 12:00:33 AM
 #1409

lemme give some advice as a friend auking

no one of any coin, no matter what the coin is should ever hold 80% of a coin...how do you even establish trust if a single entity that you don't know the identity of holds 80%?

like...it's not even FUD, but it just makes me wonder how it's possible to defend that lol
It's not one it is 25 people at least.. this no different than Fiat money. The only thing I know is that they are very rich and don't give a fu*k because they never sold.
fapnnap
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January 08, 2019, 04:43:49 AM
 #1410

super centralized scandalcoin, okay  Cool
fapnnap
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January 08, 2019, 05:23:35 PM
 #1411

auking, i demand entertainment  Grin
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January 09, 2019, 03:03:53 PM
 #1412

Finally, the AU wallet is synchronized again. Grin
  Damned cryptopia  Angry and its team of scammers, soon everyone will know about them. They let me down more than once; the last drop of patience was my abduction of a coin, which they did not return and did not compensate.
  The coinexchange team, on the contrary, is honest to the last; I can only say positive reviews about the coinexchange. have never failed. and finally, the AU wallet is unlocked, I was able to withdraw my coins. Thanks to the coinexchange.
  I believe in the AU coin.
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January 09, 2019, 03:16:27 PM
 #1413

Finally, the AU wallet is synchronized again. Grin
  Damned cryptopia  Angry and its team of scammers, soon everyone will know about them. They let me down more than once; the last drop of patience was my abduction of a coin, which they did not return and did not compensate.
  The coinexchange team, on the contrary, is honest to the last; I can only say positive reviews about the coinexchange. have never failed. and finally, the AU wallet is unlocked, I was able to withdraw my coins. Thanks to the coinexchange.
  I believe in the AU coin.
Let's wait until the price of the coin really grows. Wink
fapnnap
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January 10, 2019, 01:56:48 PM
 #1414

hi my name is fap and i nap, does anyone wanna tap my rad map or bap my old moldy piece of toast?

-fapnnap

(TLDR : 80% of the coins is controlled by a few people, there's no development and the exploit used to crack this coin's defenses like an egg hasn't been fixed, rip)
AUKING
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January 11, 2019, 04:46:18 AM
 #1415

Who can sell me 5,000 coins? @rossen, same price as last time?
AUKING
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January 13, 2019, 02:17:15 PM
Last edit: January 14, 2019, 01:52:07 PM by AUKING
 #1416

Sell all your coins now at any low price, I buy now on CE. Why no one sell??? Because holders know it will reach to the moon!!!!
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January 14, 2019, 03:34:18 PM
 #1417

CE might delist aurumcoin soon

...also no one can sell because 80% of the coins are missing...
AUKING
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January 14, 2019, 06:05:07 PM
Last edit: January 14, 2019, 06:28:01 PM by AUKING
 #1418

CE might delist aurumcoin soon

...also no one can sell because 80% of the coins are missing...
Sell your coins!!!!
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January 16, 2019, 05:21:23 PM
 #1419

xtraelv, Cryptopia :


Why you disappear ?
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January 17, 2019, 05:48:06 AM
 #1420

Special Remark :    Trust -2

 -1 was pointed by   xtraelv   

another -1 was pointed by fapnnap
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