Tyke
Legendary
 Offline
Activity: 1438
Merit: 1161
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February 27, 2014, 05:55:47 PM |
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Auroracoin is above Doge lol, whatever next
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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infofront
Legendary
Offline
Activity: 2632
Merit: 2780
Shitcoin Minimalist
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February 27, 2014, 05:57:39 PM |
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congrats top 5 @coinmarketcap with $70mil usd. why only 33 pages though?
This is not the marketcap. The market cap is 86 000 coins * price per coin. Maybe a little more. Not one coin of the premined coins is accessible by now. Look at the premined addresses. No coin has moved by now. So you have 86 000 coins by now and soon there will be - this the plan - 10.5mio. coins at one moment floating the market. This is like, in the end of the month, every American citizen gets 5 bitcoins (x122 of the current supply). Now you can guess what would happen with the price per coin... It IS the marketcap of all coins that have been mined. The 50% premine AND the current available coins. Do 86,000 x the current price of $6.69 and you will see your math is off  But that 50% premine is not on the market, and it's still being counted in the market cap. Airdrop the 50% premine and watch the market cap plunge. |
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timmyd
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February 27, 2014, 06:02:22 PM |
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congrats top 5 @coinmarketcap with $70mil usd. why only 33 pages though?
This is not the marketcap. The market cap is 86 000 coins * price per coin. Maybe a little more. Not one coin of the premined coins is accessible by now. Look at the premined addresses. No coin has moved by now. So you have 86 000 coins by now and soon there will be - this the plan - 10.5mio. coins at one moment floating the market. This is like, in the end of the month, every American citizen gets 5 bitcoins (x122 of the current supply). Now you can guess what would happen with the price per coin... It IS the marketcap of all coins that have been mined. The 50% premine AND the current available coins. Do 86,000 x the current price of $6.69 and you will see your math is off But that 50% premine is not on the market, and it's still being counted in the market cap. Airdrop the 50% premine and watch the market cap plunge. Thats a valid point |
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chip99
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February 27, 2014, 06:04:48 PM |
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are you guys serious. i saw this coin going at rates of 0.007btc . i remember the release and the 50% premine joke. but now people seem not to care anymore ? did i miss something or what.
i guess never understimate the retardness of humans.
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TotalPanda
Legendary
Offline
Activity: 1946
Merit: 1012
vertex output parameter not completely initialized
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February 27, 2014, 06:10:26 PM |
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Serious gambling & maybe self-fulfilling prophecy  |
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MyFarm
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February 27, 2014, 06:26:07 PM |
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congrats top 5 @coinmarketcap with $70mil usd. why only 33 pages though?
This is not the marketcap. The market cap is 86 000 coins * price per coin. Maybe a little more. Not one coin of the premined coins is accessible by now. Look at the premined addresses. No coin has moved by now. So you have 86 000 coins by now and soon there will be - this the plan - 10.5mio. coins at one moment floating the market. This is like, in the end of the month, every American citizen gets 5 bitcoins (x122 of the current supply). Now you can guess what would happen with the price per coin... It IS the marketcap of all coins that have been mined. The 50% premine AND the current available coins. Do 86,000 x the current price of $6.69 and you will see your math is off But that 50% premine is not on the market, and it's still being counted in the market cap. Airdrop the 50% premine and watch the market cap plunge. I believe the airdrop will not result in a price plunge. I personally believe that the price will be much higher at the time of the airdrop and the media attention will result in an even greater increase after the airdrop. But let's say you're correct. Let's say every single Icelandic person accepts the coins and then dumps. What will they dump for? Bitcoin. That means every single person in Iceland will suddenly have some Bitcoin. Every single person in that country will be utilizing cryptocurrency. Do you not understand how huge and exciting that is? And THAT is why everyone should be cheering on Auroracoin whether you think the actual coin has a future or not. This is a VERY exciting event in the history of cryptocurrency. |
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chip99
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February 27, 2014, 06:59:42 PM |
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Serious gambling & maybe self-fulfilling prophecy lesson learned. still cant believe . indeed self-fulfilling prophecy freaking unbelievable... |
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crypto era
Newbie
Offline
Activity: 44
Merit: 0
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February 27, 2014, 07:01:12 PM |
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I'm sorry if this has been answered or it's a noob question. Is there a guide on how to get set up to mine. I want to start getting into mining and this coin looks great because it's helping a real countries economy.
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Nite69
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February 27, 2014, 07:06:19 PM |
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are you guys serious. i saw this coin going at rates of 0.007btc . i remember the release and the 50% premine joke. but now people seem not to care anymore ? did i miss something or what.
i guess never understimate the retardness of humans.
It's a bit different thing if you premine for youself vs you premine for a nation. First, case 1 is not fair, but case 2 is. Second, in case 1 you can only trade the coin by youself, in case 2 there is a whole nation of people trading it. |
Sync: ShiSKnx4W6zrp69YEFQyWk5TkpnfKLA8wx
Bitcoin: 17gNvfoD2FDqTfESUxNEmTukGbGVAiJhXp
Litecoin: LhbDew4s9wbV8xeNkrdFcLK5u78APSGLrR
AuroraCoin: AXVoGgYtSVkPv96JLL7CiwcyVvPxXHXRK9
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DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
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February 27, 2014, 07:10:32 PM |
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Serious gambling & maybe self-fulfilling prophecy lesson learned. still cant believe . indeed self-fulfilling prophecy freaking unbelievable... Nothing there, this coin is poised to go 10k fold at least ! by the way.. is auroracoin.org down or it's just on my side ? |
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Galgenfrist
Newbie
Offline
Activity: 35
Merit: 0
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February 27, 2014, 07:18:21 PM |
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Yes auroracoin.org is down for me also, I wanted to dl the wallet  |
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TotalPanda
Legendary
Offline
Activity: 1946
Merit: 1012
vertex output parameter not completely initialized
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February 27, 2014, 07:18:45 PM |
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auroracoin.org DDosed  |
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DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
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February 27, 2014, 07:20:54 PM |
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auroracoin.org DDosed  sign that it begins to gain popularity !!! Wooooot ! |
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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February 27, 2014, 07:25:30 PM |
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I'm going to create a coin next to replace Zimbabwe's currency... Who is with me?
This is the most insane thing I have ever read. The best part is people are actually buying into this??
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Nite69
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February 27, 2014, 07:32:53 PM |
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I'm going to create a coin next to replace Zimbabwe's currency... Who is with me?
This is the most insane thing I have ever read. The best part is people are actually buying into this??
Well, what do you lose if you buy this? And what can you win ;-) |
Sync: ShiSKnx4W6zrp69YEFQyWk5TkpnfKLA8wx
Bitcoin: 17gNvfoD2FDqTfESUxNEmTukGbGVAiJhXp
Litecoin: LhbDew4s9wbV8xeNkrdFcLK5u78APSGLrR
AuroraCoin: AXVoGgYtSVkPv96JLL7CiwcyVvPxXHXRK9
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frajervitalny
Member
Offline
Activity: 110
Merit: 10
We bow in its aura
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February 27, 2014, 07:35:05 PM |
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when this goes to cryptsy...
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▐ LISK▐ is a Decentralized Application and Sidechain Platform written in Node.JS! Running on Delegated Proof of Stake. Including a Dapp Store and much more!
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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February 27, 2014, 07:35:55 PM |
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I'm going to create a coin next to replace Zimbabwe's currency... Who is with me?
This is the most insane thing I have ever read. The best part is people are actually buying into this??
Well, what do you lose if you buy this? And what can you win ;-) Hey whatever works for some people, but my brain just can't get passed the sanity/insanity check on this one. I'll have to sit this one out... |
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MyFarm
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February 27, 2014, 07:54:07 PM |
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I'm going to create a coin next to replace Zimbabwe's currency... Who is with me?
This is the most insane thing I have ever read. The best part is people are actually buying into this??
What is insane about utilizing technology to give people choice and empower them? I personally don't think Auroracoin will REPLACE the Krona, but I do believe it will be widely adopted and put enormous pressure on Icelandic politicians who have been destroying the Krona to change their ways. |
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serje
Legendary
Offline
Activity: 1232
Merit: 1002
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February 27, 2014, 08:00:30 PM |
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I mined here http://aurp2pool.no-ip.org:12347/static/but now the pool is down .... anyone know what happened? |
Space for rent if its still trending
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gvans
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February 27, 2014, 08:02:14 PM |
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I'm going to create a coin next to replace Zimbabwe's currency... Who is with me?
This is the most insane thing I have ever read. The best part is people are actually buying into this??
Well, what do you lose if you buy this? And what can you win ;-) Hey whatever works for some people, but my brain just can't get passed the sanity/insanity check on this one. I'll have to sit this one out... Hah  That's what I'm thinking, almost bought in at 0.01 but nah. |
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