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Author Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland  (Read 506371 times)
micryon
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February 28, 2014, 12:15:37 AM
 #781

10.500.000 AUR are in the wallets from first page ... they will be distributed to the people of Iceland on 25th March!


Okay i wasn't sure if i was just mining.. really slowly or something, if that's the premine, that makes sense Smiley

As i've always said, this is a really important experiment.. and I really hope it succeeds for Iceland.

Btw, this was mentioned on Max Keiser's show a few weeks ago.

VTC: Vi5NxyF6FPCCEQDrsDcA34P8pXe1Yck21y
PDR: PP3EQsV3oX9bBkjpsnESguMHz3tfMqHXhy PlanetDollar
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MyFarm
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February 28, 2014, 12:15:40 AM
 #782

If you people would read the first post.

Once the Auroracoin site is back up, after all this sudden interest (coinmarketcap sure isn't helping), you can check out http://auroracoin.org/blueprint.php
It describes the airdrop process.

EDIT: And please.. the Dev or Devs could never simply sell 10.500.000 coins. Don't be so idiotic.
I read it, blueprint. But it doesnt say anything, how they will validate that? How this proccess will be secure against ID fraud?

My second question is how they will do it? There are 320 000+ residents. They need verificate them in 4 months. It is 2 623 residents daily!!!  Shocked

I tried search for answers but for my questions there are no answers yet!!!

Where will be verification that dev will be not creating fake wallets where he will send airdrops for yourself?!?!?  Huh

Look, that idea of this coin is great but everyone must know that all is in one hand of "Shaddow man". How can you all trust him? Why to trust him?
These are all fair questions.  Questions I would like answers to as well.  I feel the more valuable the coin is, the more likely this is to go smoothly.  As media attention comes about, I assume efficient processes will be developed to safeguard against ID fraud.
hammer1
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February 28, 2014, 12:23:37 AM
 #783

any one holding AUR KNOWS its going allot higher.. the closer it gets to the airdrop the more attention its going to get... the price is guna be 5x 10x higher after the airdrop and media get their hands on this! if it gets to the stage where iceland actually adopts it as national currency ie. paying taxes with it and bills ect then the price could well be well above bitcoin!

hahaha, do you really think Iceland is going to adopt a cryptocurrency as their national currency?? This may get some hype, but considering most people don't even know what bitcoin is... get real.  I haven't been able to find one article besides ones from people within the community that mentions this thing.... and where's the website? Scam...

I certainly do not think it will be the national currency day one.  Probably not even day 365.  Maybe not ever.  But it doesn't have to be.  The people of Iceland will have a viable alternative.  And even if the critics are correct and every single person in Iceland dumps their Auroracoin, they'll be dumping it for Bitcoin.  Which means an entire nation will have Bitcoin. 

As long as the people are given and take the time to receive their coin, this is a huge win for cryptocurrency.

What the dev realized is that he only needed a few people to believe this to pump the coin...it's absolutely hilarious.

AN ENTIRE NATION!!! WOW!!! Of 330,000 people. Who aren't going to have anything to do with this...the lunacy here astounds me. How dense do you have to be to believe a $150+ million market cap can just be created overnight and sustained?

I wish I could scheme like the devs...absolutely brilliant.
NutMasterTardd
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February 28, 2014, 12:23:44 AM
 #784

Price going to 0.1 or 0.0001 within 8 hours.

Any other guesses!?

GEO, RLC & QRL.
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February 28, 2014, 12:28:34 AM
 #785

Price going to 0.1 or 0.0001 within 8 hours.

Any other guesses!?

more chance to goto 0.1 than 0.0001.  Will the market cap go above LTC's tomorrow?
MyFarm
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February 28, 2014, 12:29:24 AM
 #786

any one holding AUR KNOWS its going allot higher.. the closer it gets to the airdrop the more attention its going to get... the price is guna be 5x 10x higher after the airdrop and media get their hands on this! if it gets to the stage where iceland actually adopts it as national currency ie. paying taxes with it and bills ect then the price could well be well above bitcoin!

hahaha, do you really think Iceland is going to adopt a cryptocurrency as their national currency?? This may get some hype, but considering most people don't even know what bitcoin is... get real.  I haven't been able to find one article besides ones from people within the community that mentions this thing.... and where's the website? Scam...

I certainly do not think it will be the national currency day one.  Probably not even day 365.  Maybe not ever.  But it doesn't have to be.  The people of Iceland will have a viable alternative.  And even if the critics are correct and every single person in Iceland dumps their Auroracoin, they'll be dumping it for Bitcoin.  Which means an entire nation will have Bitcoin. 

As long as the people are given and take the time to receive their coin, this is a huge win for cryptocurrency.

What the dev realized is that he only needed a few people to believe this to pump the coin...it's absolutely hilarious.

AN ENTIRE NATION!!! WOW!!! Of 330,000 people. Who aren't going to have anything to do with this...the lunacy here astounds me. How dense do you have to be to believe a $150+ million market cap can just be created overnight and sustained?

I wish I could scheme like the devs...absolutely brilliant.

If I offered to send you $500+ for free, you wouldn't do it?

As part of my due diligence when I first found this coin, I looked up people in Iceland and asked them if they were going to accept the coin.  They thought it was silly or possibly a scam, but realized they had nothing to lose so planned to do it.  The more valuable this coin gets and the more media attention it garners, the more people in Iceland will take the time to accept Auroracoin.

We went through ALL of this with Bitcoin as well.  I understand the lack of trust and frankly, I have some questions as well.  But there is so much to benefit from all of this that I'm willing to take the risk.
NutMasterTardd
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February 28, 2014, 12:30:01 AM
 #787

Price going to 0.1 or 0.0001 within 8 hours.

Any other guesses!?

more chance to goto 0.1 than 0.0001.  Will the market cap go above LTC's tomorrow?

Who knows?!

any one holding AUR KNOWS its going allot higher.. the closer it gets to the airdrop the more attention its going to get... the price is guna be 5x 10x higher after the airdrop and media get their hands on this! if it gets to the stage where iceland actually adopts it as national currency ie. paying taxes with it and bills ect then the price could well be well above bitcoin!

hahaha, do you really think Iceland is going to adopt a cryptocurrency as their national currency?? This may get some hype, but considering most people don't even know what bitcoin is... get real.  I haven't been able to find one article besides ones from people within the community that mentions this thing.... and where's the website? Scam...

I certainly do not think it will be the national currency day one.  Probably not even day 365.  Maybe not ever.  But it doesn't have to be.  The people of Iceland will have a viable alternative.  And even if the critics are correct and every single person in Iceland dumps their Auroracoin, they'll be dumping it for Bitcoin.  Which means an entire nation will have Bitcoin. 

As long as the people are given and take the time to receive their coin, this is a huge win for cryptocurrency.

What the dev realized is that he only needed a few people to believe this to pump the coin...it's absolutely hilarious.

AN ENTIRE NATION!!! WOW!!! Of 330,000 people. Who aren't going to have anything to do with this...the lunacy here astounds me. How dense do you have to be to believe a $150+ million market cap can just be created overnight and sustained?

I wish I could scheme like the devs...absolutely brilliant.

If I offered to send you $500+ for free, you wouldn't do it?

As part of my due diligence when I first found this coin, I looked up people in Iceland and asked them if they were going to accept the coin.  They thought it was silly or possibly a scam, but realized they had nothing to lose so planned to do it.  The more valuable this coin gets and the more media attention it garners, the more people in Iceland will take the time to accept Auroracoin.

We went through ALL of this with Bitcoin as well.  I understand the lack of trust and frankly, I have some questions as well.  But there is so much to benefit from all of this that I'm willing to take the risk.

http://www.bbc.co.uk/news/technology-26083733

GEO, RLC & QRL.
Mivexil
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February 28, 2014, 12:30:54 AM
 #788

If this "airdropping" doesn't actually involve flying around Iceland in a helicopter and dropping paper wallets from it, I'm not interested.
NutMasterTardd
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February 28, 2014, 12:31:55 AM
 #789

If this "airdropping" doesn't actually involve flying around Iceland in a helicopter and dropping paper wallets from it, I'm not interested.

LOL +1

GEO, RLC & QRL.
Lloydie
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February 28, 2014, 12:36:15 AM
 #790

drop some here AeqZN8GRTVCTHoEq26Qu55bZYe19pyeKRQ  Grin
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February 28, 2014, 12:39:18 AM
 #791

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

https://whattomine.com - Check what to mine Smiley
hammer1
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February 28, 2014, 12:41:17 AM
 #792

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Dude, it's not backed by the Icelandic government. Do your research.
NutMasterTardd
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February 28, 2014, 12:43:20 AM
 #793

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Nah it's backed by the people - even better.

How much further will it go, 5 BTC buy order on Poloniex.

GEO, RLC & QRL.
Predseda4D
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February 28, 2014, 12:47:17 AM
 #794

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Nah it's backed by the people - even better.

How much further will it go, 5 BTC buy order on Poloniex.

Nah it is backed by one "Shaddow man" alias dev.  Wink
Mivexil
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February 28, 2014, 12:47:27 AM
 #795

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Nah it's backed by the people - even better.

How much further will it go, 5 BTC buy order on Poloniex.

Better question is "for how long". Seeing how there will be probably around 100k Icelanders dumping their coins for BTC, then dumping BTC for fiat, this coin might surely have serious implications - but not the ones you think of.
NutMasterTardd
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February 28, 2014, 12:48:45 AM
 #796

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Nah it's backed by the people - even better.

How much further will it go, 5 BTC buy order on Poloniex.

Better question is "for how long". Seeing how there will be probably around 100k Icelanders dumping their coins for BTC, then dumping BTC for fiat, this coin might surely have serious implications - but not the ones you think of.

If this coin dies it doesn't even matter to me, it will get media attention and that's good for all cryptos! that's the picture I'm seeing here.

GEO, RLC & QRL.
illodin
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February 28, 2014, 12:53:25 AM
 #797

Better question is "for how long". Seeing how there will be probably around 100k Icelanders dumping their coins for BTC, then dumping BTC for fiat, this coin might surely have serious implications - but not the ones you think of.

What is your plan to profit from your vision?
hammer1
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February 28, 2014, 12:55:09 AM
 #798

I am amazed by this coin. First how I did not hear about it earlier and second that is seems to be backed by Icelandic government?

Either I just woke up to alternate timeline or someone is playing everyone hard. Also #3 place on coinmarketcap, congrats, price doubled twice in front of my eyes.

Nah it's backed by the people - even better.

How much further will it go, 5 BTC buy order on Poloniex.

Better question is "for how long". Seeing how there will be probably around 100k Icelanders dumping their coins for BTC, then dumping BTC for fiat, this coin might surely have serious implications - but not the ones you think of.

is there even anywhere in iceland that is going to accept auroracoin as payment? shops? taxes? any payment processors being implemented?

Hahaha. Of course not. MyFarm doesn't seem to want to accept my short sale side bet. Any takers? PM me. I want to short the hell out of this thing.
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February 28, 2014, 12:57:31 AM
 #799

Now you got me confused, how they are going to deliver coins to every citizen without the government support. But hey, maybe they wont Wink

Btw I am not some naive investor, just a bit puzzled how this is getting attention all of the sudden, when it has been around for more than 3 weeks.

https://whattomine.com - Check what to mine Smiley
Mivexil
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February 28, 2014, 12:58:57 AM
 #800

Better question is "for how long". Seeing how there will be probably around 100k Icelanders dumping their coins for BTC, then dumping BTC for fiat, this coin might surely have serious implications - but not the ones you think of.

What is your plan to profit from your vision?

Depends. Can I short it for a month somewhere?

Actually, seeing how if the current rate were to be sustained, the premine would be worth 300,000 BTC... I'm almost considering shorting BTC too.
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