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Author Topic: - AURORACOIN -  (Read 134568 times)
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rubiprojects
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October 28, 2016, 03:48:37 AM
 #401

What was the good news push the price? The price was stagnant for long time. Patient people finally get paid.
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October 28, 2016, 05:59:05 AM
 #402

I have some questions regarding that dump:

1.) The volume on the last leg down to 10k was 614,000 AUR. That's a little high for a 200,000 AUR dump, no? No other large transactions can be seen on the blockchain after the 300k moves yesterday.

2.) There's still a very large holder recorded on bittrex "coin distribution" graph:



I hope that is LTEX or one of you guys? Can this be confirmed?

3.) Trade history on bittrex seems to only go back to 2:00 in the morning (after huge dump). Is that normal. I'd like to see the trades that happened. Anyone got that info?

On the bright side: I'm very glad (if this is indeed correct), that they coins are in good hands now. Congratulations to those who bought low Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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October 28, 2016, 07:11:43 AM
 #403

I have some questions regarding that dump:

1.) The volume on the last leg down to 10k was 614,000 AUR. That's a little high for a 200,000 AUR dump, no? No other large transactions can be seen on the blockchain after the 300k moves yesterday.

2.) There's still a very large holder recorded on bittrex "coin distribution" graph:



I hope that is LTEX or one of you guys? Can this be confirmed?

3.) Trade history on bittrex seems to only go back to 2:00 in the morning (after huge dump). Is that normal. I'd like to see the trades that happened. Anyone got that info?

On the bright side: I'm very glad (if this is indeed correct), that they coins are in good hands now. Congratulations to those who bought low Wink


Point 1 could be partially due to the stabilization software that I run on Bittrex/AUR. This causes extra trades (and volume), while no transfers on the chain. Other traders helped in it.

Point 2 is now me. I will move a part of those funds from the market, give me some time to do that. Part goes into cold storage until the market needs it. Other part goes to ISX (the Icelandic exchange).

Point 3 I can't verify. Looks normal for me now and here.
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October 28, 2016, 07:18:23 AM
 #404

Well, that was quite a night!

In short, the source of the large wallet that has been identified as the Cryptsy cold storage that has been legally released onto the Bittrex exchange. This probably means the settlement you can read about here: https://www.cryptocoinsnews.com/plaintiffs-reach-settlement-one-cryptsy-defendant/ has something to do with it.

Thanks to the early warning we got from Trukkur we were also able to inform the Bittrex team and they immediately responded by putting us in maintenance and suspending the account with all the funds. Later we got confirmation that the holders of the account identified themselves and that there was no suspicion of illegality to them. Therefor Bittrex had no other option but to release the account.

The account then massively dumped their 600k+ coins onto the market. Some of us were already in place to take a good part of that blow. A lot of it also got distributed among many smaller buy orders.

All in all it seems we have come out of this extremely well and our market just got even stronger due to it.

My thanks to Trukkur and the Bittrex team, who have proven once more how solid and reliable they are!

A fool will just look at the finger, even if it points to paradise!
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October 28, 2016, 07:27:59 AM
Last edit: October 28, 2016, 07:47:14 AM by BioMike
 #405

I've withdrawn 90k (minus the small bittrex fee) to AdKmKPUmNaBv671cWv7CqnEG6ZNcg54FwF.

45k has been send to ISX.
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October 28, 2016, 08:35:28 AM
 #406


Now that the Cryptsy storm is over, time to set sail to the future!





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October 28, 2016, 09:22:23 AM
 #407

Yes, when the Pirate Party wins, wee will see the next gulden.

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October 28, 2016, 05:19:25 PM
 #408

Damn, missed all he mega dumps.

Just to give 100% clarification, have all the crypsty coins been dumped?

If so, this really is a good thing, the dark cloud of the stolen coins that could be dumped any moment is gone, the market coped quite well.

























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October 28, 2016, 07:38:24 PM
 #409

Damn, missed all he mega dumps.

Just to give 100% clarification, have all the crypsty coins been dumped?

If so, this really is a good thing, the dark cloud of the stolen coins that could be dumped any moment is gone, the market coped quite well.

yes, the market held up really well. Thanks to those who posted these walls. You've earned what you reap now (or later, hopefully)

Of course we have a load of people with cheap coins now. This will put considerable additional downward pressure on the market for quite a while, I guess.

Maybe not the worst thing, though. Of course I would've loved a x10-bagger myself, but for auroracoin it's probably a good thing to manage expectations and keep the market from developing "irrational exuberance"

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October 28, 2016, 10:29:33 PM
 #410

Fomo kicking in.

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leigh2k14
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October 29, 2016, 06:53:23 AM
 #411

Damn, missed all he mega dumps.

Just to give 100% clarification, have all the crypsty coins been dumped?

If so, this really is a good thing, the dark cloud of the stolen coins that could be dumped any moment is gone, the market coped quite well.

yes, the market held up really well. Thanks to those who posted these walls. You've earned what you reap now (or later, hopefully)

Of course we have a load of people with cheap coins now. This will put considerable additional downward pressure on the market for quite a while, I guess.

Maybe not the worst thing, though. Of course I would've loved a x10-bagger myself, but for auroracoin it's probably a good thing to manage expectations and keep the market from developing "irrational exuberance"


If the Pirate Party do win, i'm expecting some "irrational exuberance" in the market.

























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ontopicplease
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October 29, 2016, 10:32:26 AM
 #412

Anyone has a link to see first election results or prognoses?
Flash86
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October 29, 2016, 10:45:55 AM
 #413

Anyone has a link to see first election results or prognoses?

You can see pre results here.
http://icelandmonitor.mbl.is/news/elections-2016-results/

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ontopicplease
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October 29, 2016, 11:12:23 AM
 #414

Anyone has a link to see first election results or prognoses?

You can see pre results here.
http://icelandmonitor.mbl.is/news/elections-2016-results/

thanks
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October 29, 2016, 11:47:47 AM
 #415


Now that the Cryptsy storm is over, time to set sail to the future!





Just so we are all on the same page. Most likely the Pirate party will get 20% and form á coalition government with the left wing of Icelandic politics.

Hope they won't have to compromise to much.

"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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October 29, 2016, 01:23:22 PM
Last edit: October 29, 2016, 03:39:27 PM by god.aur
 #416

Just to set expectations for the results of today's parliamentary elections in Iceland:

  • The Pirate Party is definitely not going to win as in becoming the biggest political party,
  • however, the bloc (APSV) controlled by the Pirates has a 58% chance of winning the majority of seats in the Althingi,
  • augmented to a 98% chance if the right-liberal C party joins the bloc, as they have been invited to, while
  • the current (BD) majority is 98% guaranteed to fall, and
  • the only majority not including the Pirates (BCD) is 42% likely.

For the mathematically inclined, here are the results of a statistically rigid Monte Carlo simulation based on a weighted and probability-distributed set of the latest polls:
http://kosningaspa.is/wp-content/uploads/2016/10/thingmannaspa28-9.png

Key to the figure:
The red line denotes the cut-off for a majority in the 63-seat Althingi
APSV=the Pirate-led (P) bloc
BD=the currently reigning parties
C=the new right-wing liberal (wildcard) party
RJF19
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October 29, 2016, 01:51:00 PM
 #417

Just to set expectations for the results of today's parliamentary elections in Iceland:

  • The Pirate Party is definitely not going to win as in becoming the biggest political party,
  • however, the bloc (APSV) controlled by the Pirates has a 58% chance of winning the majority of seats in the Althingi,
  • augmented to a 98% chance if the right-liberal C party joins the bloc, as they have been invited to, while
  • the current (BD) majority is 98% guaranteed to fall, and
  • the only majority not including the Pirates (BCD) is 42% likely.

For the mathematically inclined, here are the results of a statistically rigid Monte Carlo simulation based on a weighted and probability-distributed set of the latest polls:


Key to the figure:
The red line denotes the cut-off for a majority in the 63-seat Althingi
APSV=the Pirate-led (P) bloc
BD=the currently reigning parties
C=the new right-wing liberal (wildcard) party


Interesting analysis, always more than meets the eye. But, I would refrain from using the word "definitely" when speaking of anything political...

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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October 29, 2016, 02:13:52 PM
 #418


Interesting analysis, always more than meets the eye. But, I would refrain from using the word "definitely" when speaking of anything political...


I stand by it in this case. The cumulative probability density plot for the number of MPs for individual parties can be found here:
http://kosningaspa.is/wp-content/uploads/2016/10/thingmannaspa28-7.png

The statistical difference between the Pirates (P) and the Independence Party (D) is really quite exorbitant.

The Pirates remain the most likely to lead a government coalition, though.
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October 29, 2016, 02:22:23 PM
 #419


Interesting analysis, always more than meets the eye. But, I would refrain from using the word "definitely" when speaking of anything political...  Smiley


I stand by it in this case. The cumulative probability density plot for the number of MPs for individual parties can be found here:
http://kosningaspa.is/wp-content/uploads/2016/10/thingmannaspa28-7.png

The statistical difference between the Pirates (P) and the Independence Party (D) is really quite exorbitant.

The Pirates remain the most likely to lead a government coalition, though.

And that's really what matters.

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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October 29, 2016, 02:55:05 PM
 #420

Let's say the pirate party does form a coalition or outright wins majority seats, what would be considered a reasonable time frame for Bitcoin and Auroracoin to become legal tender if they announced that was their first priority and the process for such a thing to be enshrined in law? 6 months, a year?
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