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

[megashira1]

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

[micryon]

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

Some serious boiler-room stuff going on here.. volume , and float too small to make it immune to manipulation.

[Eadeqa]

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

Probably just fud. But who care, even if true? It's old chat and seems like they are talking about buying it.

I am pretty sure if just one person (or a group) had a stock pile, they would have dumped and cashed out by now.

It will either stay where it is or go up (most likely) for the next 20 days

[megashira1]

At the current exchange rate (0.1 BTC) that would equal 1 MILLION BTC if all 10 million Auroracoins are exchanged for BTC and then cashed out. Imagine if you can what this will do to the price of BTC. It will go into freefall as there are not enough buyers in the market to absorb that many sales.

As I don't want to see this poorly thought-out and designed promotion crash Bitcoin, I seriously hope the exchange rate tanks to a miniscule amount before the airdrop. And why the fuck do the people of Iceland get to be handed for free thousands of dollars in crypto coins each that if all cashed out quickly could seriously damage the exchange markets for all cryptocurrencies? Not hating on any Icelanders at all. I just seriously doubt that they give a rats ass about the health of Bitcoin or any other coin and just want the $$. Aurora coin is useless to them otherwise at the moment. They can't buy anything with it and most will likely fear the government will quickly ban it and will want to get what they can before that happens.

Hopefully I am not the only one who actually thinks this whole thing through to likely conclusion. Go ahead and tell me otherwise. I am sure I will hear from someone that this isn't true and I don't understand economics or free markets or some bullshit. I will tell you what I damn sure understand and that is human greed and how it can totally blind someone to the real facts and potential outcomes of their actions.

Umm, your logic is way off.

The only way for them ALL to cash out at the current exchange rate is if the current BUY WALL is 1 MILLION BTC! Right now the buy wall is 2 BTC.

If you go all the way down to .07 BTC, there is only about 15 BTC TOTAL that can be cashed out.

Unless that 1 million BTC buy wall comes along, your gonna have to work a bit harder at thinking this through to its logical conclusion

That is a valid point. Thank you for correcting me. I want to make sure everyone here understands what you are saying. What you have just said is that basically the first maybe 100 Icelanders to try to completely cash out their 31 odd coins would completely deplete the buy support for Aurora coin on pretty much every exchange that currently offers Aurora coin. This would bring the price to almost nothing.

But I thought the market cap was 100's of millions of dollars? I thought we were giving every Icelander $1000's for free? I thought that we were going to overtake BTC? Does anyone still see a way that this is going to end well? Sure there will be some publicity around cryptocurrencies and the well intended plan to help Icelanders. I can only see the bottom falling out in one way or another. Of course maybe a big whale will come and save everyone.

The market cap is really only 1% of that listed on CMC as only 100k or about 1% of the coins are available for trading. Add in the huge sell off before the airdrop, and the 99% devaluation of the currency supply post drop, the coin will be rendered almost worthless; and that's when the real magic will begin.

[Gemdealer]

I can't access my Aurapool account at http://aur.pool-a.net/

It says I am locked out of my account and I can't find anyway to contact admin.

Can anyone help at all please?


Thanks,
Oz

[eoakland]

"auroracoin


[10:34] <Nature-> are we planning anything?
[10:34] * Joins: Loperian (Loperian@51-212-70-33.acanac.net)
[10:36] <wolong> WE ARE BUYING AUR
[10:36] <wolong> ILL MAKE A WALL AT 750, OBJECTIVE 2000
[10:37] <dogecheese> ok
[10:37] <wolong> BUY SLOWLY
[10:37] <wolong> CANCEL ALL SELLS
[10:38] <wolong> !check
[10:39] <AssemblyBot> **** Assembly check initiated by wolong - type !ready if you are ready ***
[10:39] <ITAR-TASS> !ready
[10:39] <neyros> !ready
[10:39] <dogecheese> !ready
[10:39] <st> !ready
[10:40] <Nature-> !ready
[10:40] <Nekomata3> !ready
[10:40] <^^Kilroy> !ready
[10:40] <csshih> !ready
[10:40] <rowtrip> !ready
[10:40] <Deadhand> !ready
[10:40] <december92> !ready
[10:40] <Loperian> !ready
[10:40] <urukhai-pumper> !ready
[10:40] <--vacuun--> !ready
[10:41] <wolong> !end
[10:41] <wolong> we will go to at least 2000 at first wave
[10:42] <wolong> buy small amounts of AUR slowly
[10:42] * Quits: Deadhand (Deadhand@dsl-7-143-127-14.bb.dnainternet.ru) (Quit: )
[10:45] <Nature-> and when we will recover the GLC pump?
[10:47] <wolong> that week can be the moment, start microbuying glc if you want
[10:47] <wolong> we can pump to 5000 or more easily
[10:47] <Loperian> nice, i have some stack of glc waiting
[10:48] <Nature-> good! Wink
[10:48] <urukhai-pumper> motherfucker! dont dump on us
[10:48] <Loperian> lol ill wait until 5000
[10:48] <urukhai-pumper> hahaa we will see..
[10:48] <Loperian> trust me! xD
[10:48] * Joins: cryptoshark (cryptoshark@98-176-236-61.dclient.hispeed.fi)
[10:49] <cryptoshark> you started?
[10:49] <Nature-> cryptoshark: we are doing aur atm and next pump will be glc.. be rdy
[10:49] <cryptoshark> ok ty"

Not sure if this is true, but if it is, 2000 yuan = $324.  Wolong work your magic =)

[cointron]

Cryptorush zzz zzz zzz

[Apostle4444]

craaasssh

[molecular]

for those interested, here's http://blockexplorer.auroracoin.eu/ request stats for March (note the last bar is still growing, of course):



also note that march 3rd (the record day) stats are likely distorted because I had bandwidth troubles (now hopefully fixed)

for comparison, here's the february stats:

[fairglu]

For charts and auroracoin fans:

Auroracoin difficulty chart

Reaching for the moon! Some serious rise there.

[embicoin]

for those interested, here's http://blockexplorer.auroracoin.eu/ request stats for March (note the last bar is still growing, of course):



also note that march 3rd (the record day) stats are likely distorted because I had bandwidth troubles (now hopefully fixed)

for comparison, here's the february stats:

Can you explain your thoughts about this stats?
Excuse my ignorance

[declensions]

holy shit someone is pumping this hard, did anyone else see the buy order of 600 BTC at 0.13  !!!  It was just for a split second but they bought up a lot of coins on cryptsy

[declensions]

yea, but there's no reason to put up 600 BTC ($420,000).  There were plenty of coins avail at .11 too, but they pushed up to .13  crazyy.


btw how long does it take for deposits to confirm?  i deposit some auroracoins to cryptsy and its taking godam forever
oh nvm.. 1/3 confirmations.. godamittt

[eyebuyyourcoinz]

Hi everyone, I bought some BTC recently and want to speculate on a fast rising alt coin, why not AUR but I am hesitating because of all the evidence that exists it's being pumped.   I saw that CharlieShrem, the American entrepreneur who was arrested and describes himself as Bitcoin pioneer & evangelist, was pumping this coin on March 1 and 2 to his more than 8000 followers on twitter, it's being supported by many big shots of the crypto world,  added to several exchanges and lots of mining pools too.  The wolong pastebin worries me too because I remember the controversy on another forum when it was discovered he pumped and dumped DOGE.  

For choice of exchanges:  I was thinking of poloniex but then I saw their trollbox was blank and a twitter announced that markets were frozen, BTC was stolen and news to follow.  Oh no!  Not another hacking.  They also experienced DDOS recently.  

My next choice is cryptsy because I saw it featured on bitcoinwisdom charts and sometimes I look at it for other alt coins.   But I see they ask for full name, state and country of residence.   Sorry but I just want to trade BTC to AUR to BTC again, anonymously.   I guess I can write any name, but if the account is suspended and they ask me to verify my documents (do they do that for crypto to crypto trading?), then I won't be able to and I'll lose my coins  

Finally, is there a good charting site for AUR like bitcoinwisdom?

[ghur]

Posting to subscribe to the drama when the premine dump happens

[turboblade]

No payouts from unipool

[declensions]

godamnit.. how long does 1 confirmation take on cryptsy? I got 2 more to go.

[embicoin]

Hi everyone, I bought some BTC recently and want to speculate on a fast rising alt coin, why not AUR but I am hesitating because of all the evidence that exists it's being pumped.   I saw that CharlieShrem, the American entrepreneur who was arrested and describes himself as Bitcoin pioneer & evangelist, was pumping this coin on March 1 and 2 to his more than 8000 followers, it's been added to several exchanges and lots of mining pools support it.  The wolong pastebin worries me too because I remember the controversy on another forum when it was discovered he pumped and dumped DOGE.   

For choice of exchanges:  I was thinking of poloniex but then I saw their trollbox was blank and a twitter announced that markets were frozen, BTC was stolen and news to follow.  Oh no!  Not another hacking.  They also experienced DDOS recently. 

My next choice is cryptsy because I saw it featured on bitcoinwisdom charts and sometimes I look at it for other alt coins.   But I see they ask for full name, state and country of residence.   Sorry but I just want to trade BTC to AUR to BTC again, anonymously.   I guess I can write any name, but if the account is suspended and they ask me to verify my documents (do they do that for crypto to crypto trading?), then I won't be able to and I'll lose my coins    

Other suggestions?

cryptorush.in

[ghur]

godamnit.. how long does 1 confirmation take on cryptsy? I got 2 more to go.

Pretty long. This coin has a much longer blocktime than most altcoins. 10 times longer.

[declensions]

does mintpal or cryptorush require less confirmations? I'm getting real tired of trading on cryptsy, sometimes my funds get held for an hour or more and ive missed out on so many trade opportunities.
edit:
mintpal: 2 confirmation
cryptorush: 3 confirmation
cryptsy: 3 conf

fml