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Author Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland  (Read 492956 times)
DoomDumas
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February 27, 2014, 09:05:16 PM
 #701

4 eme on coinmarket ? wtf lol

yes buddy ! J'te conseille d'en acheter pendent que c'est bas Cheesy

indeed... translation : I advise you to buy while it's low !

This will be valued more than Ripple real soon !
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February 27, 2014, 09:06:42 PM
 #702

4 eme on coinmarket ? wtf lol

yes buddy ! J'te conseille d'en acheter pendent que c'est bas Cheesy

indeed... translation : I advise you to buy while it's low !

This will be valued more than Ripple real soon !

Is the website down?




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February 27, 2014, 09:06:50 PM
 #703

This is a really creative scamcoin.

Radix - just imagine
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February 27, 2014, 09:08:48 PM
 #704

This is a really creative scamcoin.

...or maybe a revolutionary coin Smiley Wink
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February 27, 2014, 09:10:21 PM
 #705


New p2pool node set up: (0% fee)
http://p2pool.crunchpool.com:12347
EU-based (Germany)

help us get the AUR p2pool started, we're at 8Mh/s already and growing

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February 27, 2014, 09:10:38 PM
 #706

This is a really creative scamcoin.

...or maybe a revolutionary coin Smiley Wink

True, nobody can know for definite.




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February 27, 2014, 09:10:47 PM
 #707

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?


kennitala   Grin
Code:
http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas


http://www.youtube.com/watch?v=DDexDNn6vSM

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily.   Shocked
Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?
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February 27, 2014, 09:14:58 PM
 #708

Could not agree more Sharky. Very clever devs, preying on greed and stupidity like every other scam coin. I cannot fathom that anyone thinks that a country would replace its currency with a crypto. The infrastructure needed would be incredible and the government would never, never, never, allow it. And how would it deal in foreign exchange? Foreign direct investment? Everyone here thinks that a large % of the population is like us and reads forums and is on reddit when in reality it's a tiny %. What percentage of people in Iceland will actually hear of this coin or actually get their "airdrop"? If the "airdrop" even exists?

I wish I could short this coin. It will plummet so quickly.
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February 27, 2014, 09:18:24 PM
 #709

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?


kennitala   Grin
Code:
http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas


http://www.youtube.com/watch?v=DDexDNn6vSM

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily.   Shocked
Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?

Quote


    It is possible to apply for ID numbers on forms found on the following websites. The application form must be printed out, signed and sent in by mail.

Application form in Icelandic (pdf, 415 kb) (PDF file)
Application form in English (pdf, 100 kb) (PDF file)

    A photocopy of the passport of the person for whom the ID number is requested must accompany the application, and the name of the person or company which is asking for the registration must also be provided.

Applications may be sent by fax to the National Registry at (+354) 569-2949, or in the mail to the following address:

Þjóðskrá (Opens in new window) (National Registry)
Borgartún 24
150 Reykjavík

Foreign citizens who have been issued an ID number by the National Registry but have not been issued a residence permit by the Directorate of Immigration are recorded only in a temporary registry and acquire no rights until a residence permit has been issued to them and they have a domicile.

This means we can all apply for Icelandic ID number?

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February 27, 2014, 09:20:38 PM
 #710

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?


kennitala   Grin
Code:
http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas


http://www.youtube.com/watch?v=DDexDNn6vSM

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily.   Shocked
Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?

Well, it is an ambitious idea for sure.  The WhoisGuard is not surprising though.  With the intention of completely replacing the country's fiat, it is a good idea for the creators to not be known.  Otherwise, they are a target.




Could not agree more Sharky. Very clever devs, preying on greed and stupidity like every other scam coin. I cannot fathom that anyone thinks that a country would replace its currency with a crypto. The infrastructure needed would be incredible and the government would never, never, never, allow it. And how would it deal in foreign exchange? Foreign direct investment? Everyone here thinks that a large % of the population is like us and reads forums and is on reddit when in reality it's a tiny %. What percentage of people in Iceland will actually hear of this coin or actually get their "airdrop"? If the "airdrop" even exists?

I wish I could short this coin. It will plummet so quickly.

In reality, this coin does not have to succeed in replacing Iceland's fiat currency.  If it can garner interest by a large group of the population, and in turn give them an introduction into digital currencies as a whole through free coins (that, currently, they can actually trade for a decent amount of BTC and cash out into their native fiat if they so choose), then it will be a boon for the entire digital currency community.  Everyone wins.  The more people that become involved in digital currency, the closer we get to hitting the critical mass required to go mainstream.

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February 27, 2014, 09:22:25 PM
 #711

Could not agree more Sharky. Very clever devs, preying on greed and stupidity like every other scam coin. I cannot fathom that anyone thinks that a country would replace its currency with a crypto. The infrastructure needed would be incredible and the government would never, never, never, allow it. And how would it deal in foreign exchange? Foreign direct investment? Everyone here thinks that a large % of the population is like us and reads forums and is on reddit when in reality it's a tiny %. What percentage of people in Iceland will actually hear of this coin or actually get their "airdrop"? If the "airdrop" even exists?

I wish I could short this coin. It will plummet so quickly.

who knows. Look at kiev right now. Everyone is praying for bitcoin (even the ones who don't even know what bitcoin is and that the fluctuation may be much worse than their own currency, lol)

                                 
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February 27, 2014, 09:22:47 PM
 #712

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?


kennitala   Grin
Code:
http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas


http://www.youtube.com/watch?v=DDexDNn6vSM

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily.   Shocked
Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?

Well, it is an ambitious idea for sure.  The WhoisGuard is not surprising though.  With the intention of completely replacing the country's fiat, it is a good idea for the creators to not be known.  Otherwise, they are a target.




Could not agree more Sharky. Very clever devs, preying on greed and stupidity like every other scam coin. I cannot fathom that anyone thinks that a country would replace its currency with a crypto. The infrastructure needed would be incredible and the government would never, never, never, allow it. And how would it deal in foreign exchange? Foreign direct investment? Everyone here thinks that a large % of the population is like us and reads forums and is on reddit when in reality it's a tiny %. What percentage of people in Iceland will actually hear of this coin or actually get their "airdrop"? If the "airdrop" even exists?

I wish I could short this coin. It will plummet so quickly.

In reality, this coin does not have to succeed in replacing Iceland's fiat currency.  If it can garner interest by a large group of the population, and in turn give them an introduction into digital currencies as a whole through free coins (that, currently, they can actually trade for a decent amount of BTC and cash out into their native fiat if they so choose), then it will be a boon for the entire digital currency community.  Everyone wins.  The more people that become involved in digital currency, the closer we get to hitting the critical mass required to go mainstream.

I agree with both of you really, this could be a complete scam but there again it might not be.. for now the coin is getting noticed and it has HUGE potential.




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February 27, 2014, 09:29:37 PM
 #713

the idea was somewhat genious. i just didnt expect people fall for it. now im obviously mad because i refused to mine it from first minute and cant dump on you now for huge profits .  Roll Eyes

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February 27, 2014, 09:34:41 PM
 #714

Stop deluding yourselves and letting your greed blind you. It will not garner interest from even a tiny % of Iceland's population. 20% of the population is under 14 years old. 20% is above 55 years old. The vast, vast majority of citizens (and the verification process on here is ridiculous, and will likely never, ever happen) will never hear of it, never receive the coins and go on with their days.

"Everyone wins." Not the people who buy in when the coin is overvalued when eventually it will be worth virtually nothing. They will lose. But, I guess, free market, only the strong survive. It just boggles my mind that there are actually people buying into this.
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February 27, 2014, 09:37:52 PM
 #715

Stop deluding yourselves and letting your greed blind you. It will not garner interest from even a tiny % of Iceland's population. 20% of the population is under 14 years old. 20% is above 55 years old. The vast, vast majority of citizens (and the verification process on here is ridiculous, and will likely never, ever happen) will never hear of it, never receive the coins and go on with their days.

"Everyone wins." Not the people who buy in when the coin is overvalued when eventually it will be worth virtually nothing. They will lose. But, I guess, free market, only the strong survive. It just boggles my mind that there are actually people buying into this.

There is no way of knowing the outcome of this for sure, it's shady as fuck but nobody knows what can happen in the crypto game, unless you have a few million dollars I can't take that as fact, I'm just watching this coin for now.




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February 27, 2014, 09:44:18 PM
 #716

There is only two outcomes to this.

Either this gets ALOT of positive press to distract from the messiness of crypto being a den for criminals and sends the price through the roof.

Or this is a scam and only further erodes the trust of crypto in the eyes of the public, "ooh look what they're doing now, trying to con an entire nation now!"
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February 27, 2014, 09:45:18 PM
 #717

There is only two outcomes to this.

Either this gets ALOT of positive press to distract from the messiness of crypto being a den for criminals and sends the price through the roof.

Or this is a scam and only further erodes the trust of crypto in the eyes of the public, "ooh look what they're doing now, trying to con an entire nation now!"

Completely correct.




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February 27, 2014, 09:45:44 PM
 #718

There is only two outcomes to this.

Either this gets ALOT of positive press to distract from the messiness of crypto being a den for criminals and sends the price through the roof.

Or this is a scam and only further erodes the trust of crypto in the eyes of the public, "ooh look what they're doing now, trying to con an entire nation now!"
+100
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February 27, 2014, 09:46:02 PM
 #719

I'd have more faith in www.solarcoin.org than this right now.  They have news, wiki, twitter and the list keeps growing.  Plus they answer questions about the initiative.  Also, they have hardcore people backing it in both financial and solar industries.  It's only a matter of time until that one goes insano.

Auroracoin has the dev and some articles backing it up.  It is definitely questionable but then again just my view.

I guess in all reality it is like everything else, something is worth what someone is willing to pay for it and that's it.

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February 27, 2014, 10:01:13 PM
 #720

Price rises a little and all of a sudden the thread is filled with people spouting crap who haven't bothered doing any research not even read the posts in this thread that address all and every issues you have managed to come up with.
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