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

[naplam]

We could use some more miners over at.

https://aur.cryptoculture.net


Keep the network decentrailzed.

Hi
i make regitration on oyur pool.Prepare workers but cannot mine.Never conected.My CGMIner when start mining not start.when i put on my line any other pools it mining.
What can be wrong?

If you want to keep the network actually decentralised and mine at pool that actually works, mine on our p2pool node:
http://p2pool.crunchpool.com:12347
Zero fees

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[MyFarm]

I see a lot of posts about people saying the current market cap of Auroracoin isn't real because there is less than 100,000 coins available and all of the premine isn't being taken into account.  I come from an investing background with wallstreet.  When you look at a stock, you can see two terms:

1.  Float - This is the amount of sharing available for trading.  
2.  Shares Outstanding - This is the total amount of shares a stock has.  This includes shares that are unavailable for trading for a variety of reasons.

The value of a stock is based upon the shares outstanding, NOT the float because investors and the market understand that at some point, those locked up shares will become part of the float.  If there are very few shares available in the stock, it is said to be, "Illiquid".  An illiquid stock can have wild price fluctuations when there is a lot of interest in it.

Auroracoin has is illiquid.  Its', "Float" is very small (less than $100,000).  However, its marketcap which properly takes into account all of the coins (shares) outstanding, IS correct and the market IS working to price in those total coins outstanding.

[Amph]

i missed the distribution, is it over?

[Predseda4D]

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!!!  

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?!?!?  

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.

I must bump this. Dev dont want to answer this questions? Why?

And how are you going to distribute the coins to everyone?

Electronic National ID scheme - provided by the government, but useable by anyone.

Is this database online ?

I've highlight your answer in bold

All Icelanders, as well as foreign citizens residing in Iceland and corporations and institutions, have a Personal Identification Number (Icelandic: Kennitala, lit. identification number) identifying them in the National Registry. The number is composed of 10 digits, of which the first six are the individual's birth date in the format DDMMYY. The next two digits are chosen at random when the kennitala is allocated, the 9th digit is a check digit, and the last digit indicates the century in which the individual was born (for instance, '9' for the period 1900–1999, or '0' for the period 2000–2099). An example would be 120174-3389, the person being born on the twelfth day of January 1974. The Icelandic system is similar to that in other Scandinavian and European countries, but the use of the identification number is unusually open and extensive in Iceland. Businesses and universities use the kennitala as a customer or student identifier, and all banking transactions include it. The National Registry (Icelandic: Þjóðskrá) oversees the system. A database matching names to numbers is freely accessible (after login) on all Icelandic online banking sites. Given this openness, the Kennitala is never used as an authenticator. It is worth noting that the completeness of the National Registry eliminates any need for Iceland to take censuses.

So everyone can access this, everyone can than create claim to get "Airdrop"!!!

Everyone who is investing in this coin must be alerted!!!

Dev dont want answer all valid questions.

[kelvinliong]

Buy now!
1.Auroracoin has not gone to a big exchange yet.
2.More media talks about auroracoin.

Then the price will rise!

[Acrobat]

i missed the distribution, is it over?

Did you actually READ the first post of this topic? 

[ifightformerkel]

News

http://www.bbc.com/news/technology-26083733

http://www.heise.de/newsticker/meldung/Kryptogeld-Auroracoins-fuer-jeden-Islaender-2106335.html

[siarhei]

the price is rising again  
https://poloniex.com/exchange/btc_aur

[ifightformerkel]

i think we can reach a market cap of 2-3 billions

[MintPal-Jay]

Hey guys, we had an unbelievable number of requests for AUR at MintPal today, so we've decided to add a market for it. The AUR/BTC market is now live!

https://www.mintpal.com/market/AUR/BTC

Happy trading!

If you have any issues or problems, feel free to reach us at #mintpal on freenode IRC.

[hegelbrug]

this pool is pretty good
http://auroracoin.miners-pool.eu/

european miners - welcome! here is low latency for us

[siarhei]

i think we can reach a market cap of 2-3 billions

according to my calculations, the cap can reach 30-35 bln by the end of the March.
hurry up to get aboard.

[Amph]

25 march why so long...

[tavirosu]

At current valuations, each citizen of Iceland would receive $710.00 each. 

And if they dump it it goes to $0.7.

[etoque]

I have problem on P2pool !
http://www.noelshack.com/2014-09-1393595922-wrong.png

I don't know what to do ! I have enter correctely all information ...

All pool have disconect problem,there a big problem for miner now

[siarhei]

Hey guys, we had an unbelievable number of requests for AUR at MintPal today, so we've decided to add a market for it. The AUR/BTC market is now live!

https://www.mintpal.com/market/AUR/BTC

Happy trading!

If you have any issues or problems, feel free to reach us at #mintpal on freenode IRC.

WOW! 

[illodin]

So everyone can access this, everyone can than create claim to get "Airdrop"!!!

Everyone who is investing in this coin must be alerted!!!

Dev dont want answer all valid questions.

Dev has already said that the ID system is not the only method of verification that is going to take place.

[Mivexil]

Hey guys, we had an unbelievable number of requests for AUR at MintPal today, so we've decided to add a market for it.

Not a wise thing to publish when your business model partially depends on people paying for votes.

Tell your mailbox to prepare its posterior orifice.

[ifightformerkel]

i think we can reach a market cap of 2-3 billions

according to my calculations, the cap can reach 30-35 bln by the end of the March.
hurry up to get aboard.

i think the 2-3 billion in 4-5 days 
Yes till end of March over 30 billions

[etoque]

http://aur.easy-mine.eu/ was down