[ANN][AUR] Auroracoin - a cryptocurrency for Iceland

[heskey]

Lets just hope that balduro can keep the reserved coins from the markets!  

[Wit22]

So who pays for the 50% premine? Whoever buys the coin right now?

[MyFarm]

even if ppl did dump some of there coins.. not everyone will get theyr coins on day one.. and each person is only guna get 31.8.. so it would at worst be a slow dribble into the market! the media attention it will get will far outway the sell off..

Excellent point.

[Moebius327]

Lets just hope that balduro can keep the reserved coins from the markets!  

Premined coins addresses:

Code:

AJgZfkqagmjajiB5pbAuXfh7yG9M5iMY9v
APjdUEiCX2VfXRsh1BNRDXUbjMsTjXMyCT
AKcofzy2QjT6U3L2ekqyTrDuc3GS4tZR1e
AYJWvKESbRoRt8krm5bZNiVqc2DhPx5eBP
AVqRJTCPAR5hP1dbwhNcYX83UDiMFNi8pE
ATk5sZMnfUq6brhawaUvb2TUJ5JGBiT5UT
AdSJSDKvAkNLNXT6BgqgghkVm13UwuMFv6
ALbfJXCQZEvedBGg1J5a8hSga5aHcVh2WZ
AH4iAPn5Custyzm4tak6By2iyPmUARVF28
AFvV2BpTD5FGESFDww9dGHsHdpu1RDpryj
AVpwukHqGch8Wyyf1vxCD74UVfwwMSoE4u
ASJWxLQ7ZyJs3b6BnyyrFZbVKZCLGeqt4f
AYQwvfpHHZhKLHmCVnVd6H2PiKtbB5rsHU
AW9FLMGEz7Gfn4yVc2rUi1fdDi9Us36tYq
AXdiVGBWUtQbbXUHoKa6z3x3QMY79f6ZNR
APsjgVJPAtCorTjL2tLNB57RdCqKRJbKF6
AXif7x3dvukyVf8WnpiDrPTRmFzzpHJWbv
ARuirTGMuHcj5GgRgvHjJanrKjUwAujbPk
Aei22bhuXAJDuBtFt9o6Nx1QD2r73o7NcE
AL7nAQ8w88Hwff7uKSnThyhqgLCSxW9Zyv
AXkTQuECcpF7DoPzRhq8gyk6tyvnrEM8G8

[Tyke]

Someone may buy up all the remaining AUR on the exchanges. 

[Wit22]

Someone just took a big dump

[KeyserSozeMC]

I'm buying at 0.01 seems a good price.

Imma hold for a month.

[frajervitalny]

not sure if big media will really do "sensation" news regarding Iceland crypto, dont forget they didnt pay attention to Iceland revolution, just beacuse it was contrary to the current bankers system. Big media really are evil and they are trying to conserve the current economic model.

[heskey]

Feels good to have bought at 0.02 minutes before it went to 0.01! 
Ah well, Im holding my shy amount of 17AUR for the long-term. Who knows, one day I might be using these coin on a vacation in Iceland.

[Wit22]

Noobs get pumped and dumped. Ha

[MyFarm]

not sure if big media will really do "sensation" news regarding Iceland crypto, dont forget they didnt pay attention to Iceland revolution, just beacuse it was contrary to the current bankers system. Big media really are evil and they are trying to conserve the current economic model.

I think they are going to have a hard time ignoring $50,000,000+ of a cryptocurrency being given away for free.

[MyFarm]

Noobs get pumped and dumped. Ha

Wasn't a pump and dump.  Cryptorush.in has been down.  It came back up and people did an arbitrage.  Once things calm back down and people soak in the potential ramifications of this coin and how rare it is, I think we'll see some upward movement again.

[heskey]

85000*0.01 = 850 (850*BITCOIN = ~$500,000) This is the marketcap of the currently accessible coins. The rest of the 10.5m coins are supposedly going to be used as national currency. As the coins will be spread out nicely (~30 per inhabitant) this should also prevent any big dumps.
The current fiat system in Iceland is collapsing, so most of Iceland's population will probably hodl, and use it as a backup currency. I'd argue that the current price (0.01) relativly low. *Speculation out of control*

As Tyke pointed out: "Iceland's economy has GDP of about $13 billion."
So when the airdrop comes, the marketcap could obviously go to very unpredictable places.

[MaKii]

50% premine....omg...

[jnada]

50% premine....omg...

Please read carefully 1st page, and further explanation you may find on AUR main website. There is no omg.
Cryptorush again down.

[TiberiuC]

Cryptorush again down.

It's up for me. Probably the people who made the pump and dump also took down cryptorush.

[MaKii]

"The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014"


i think this will be the biggest dump ever

[etoque]

I have got my first 2 AUR for 4,3 $ USD (0,0075) 

[asdlolciterquit]

How many auroracoins i mine for day with 575kh/s?

*

pls

[etoque]

How many auroracoins i mine for day with 575kh/s?

*

pls

Not much

With 1,4 MH/s Ive got 2,7 AUR/day