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

[balduro]

The only ones setting the price of the coin at this moment, and a week ago, are speculators.

The real experiment has not even begun.

[illodin]

http://lovok.no-ip.com:12347/ p2pool node updated to 1.2 wallet

This is good. As the attention will rise to never before seen heights when the airdrop nears, lots of dos-attacks against the pools are to be expected, and distributed p2pool network can't be taken down with such attacks and will keep the coin operating.

[anyone4u]

I have 19.64 and spent about 1.6 btc on this stuff. Price goes down ever hour it seems. What happened since Saturday that made it go so low? It was .036 then.
Update: Some market whales are buying up the coins very cheap as there are tons of market trades for low aur prices. They I think are going to pump the coin hence the reason for buying so low and making the market tank.

They are trying to pump and dump , but those are not whales. Look at the volume , they don't have the purchasing power to do it , and the walls are not helping them at the moment either.
Disclaimer ... watching cryptsy not other exchanges.

I been watching past few days, today they did good at bringing it down/ well sun/mon, but its rising just as I hoped. I seen some.02 sells and I just got back from afk. :-) Needs to go much higher.

[anyone4u]

Listen it is not normal for AUR to tank this low. This is clearly a sign to stand clear.

This is not pull back or slight profit tanking, its a clear sign that something isn't right.

See market manipulation, see trends, hold, sell, recoup losses but I didnt' panic sell so hope I did right decision. I seen .005-.008 buys alot but now I seen some .02 sells :-) Hopefully up away we go!

[anyone4u]

see, better than my last post of trades on here. Some people prob bought .006-.008 and sold double ima gine, or at least profit. I bought in higher so have to hold. I though about panic selling but figuring out the manipulation goin on, I didn't sell and informed great people on this site. (not scammers, unless I hope they give up, good will win)!


Order Date   Type   Amount of AUR   BTC Rate   Total BTC
Mar 17, 2014, 4:42 pm CDT   Buy   1.00000000   0.01250000   0.01250000
Mar 17, 2014, 4:41 pm CDT   Buy   11.00000000   0.01250000   0.13750000
Mar 17, 2014, 4:41 pm CDT   Buy   2.00000000   0.01250000   0.02500000
Mar 17, 2014, 4:37 pm CDT   Buy   0.21369436   0.01250000   0.00267118
Mar 17, 2014, 4:26 pm CDT   Buy   2.00000000   0.01250000   0.02500000
Mar 17, 2014, 4:26 pm CDT   Buy   0.79171072   0.01240000   0.00981721
Mar 17, 2014, 4:05 pm CDT   Sell   1.77396256   0.01250000   0.02217453
Mar 17, 2014, 3:51 pm CDT   Sell   0.33549305   0.01071000   0.00359313
Mar 17, 2014, 3:50 pm CDT   Sell   1.65554197   0.01390000   0.02301203
Mar 17, 2014, 3:39 pm CDT   Sell   0.60294881   0.01850000   0.01115455
Mar 17, 2014, 3:39 pm CDT   Sell   7.00000000   0.01850000   0.12950000
Mar 17, 2014, 3:38 pm CDT   Sell   5.00000000   0.01850000   0.09250000
Mar 17, 2014, 3:37 pm CDT   Sell   7.11295452   0.01850000   0.13158966
Mar 17, 2014, 3:37 pm CDT   Sell   2.00000000   0.01850000   0.03700000
Mar 17, 2014, 3:35 pm CDT   Buy   3.96878910   0.01850000   0.07342260
Mar 17, 2014, 3:31 pm CDT   Buy   1.43897515   0.01850000   0.02662104
Mar 17, 2014, 3:25 pm CDT   Sell   0.50275803   0.01390000   0.00698834
Mar 17, 2014, 3:25 pm CDT   Buy   1.79698976   0.01200000   0.02156388
Mar 17, 2014, 3:24 pm CDT   Sell   5.00000000   0.01250000   0.06250000
Mar 17, 2014, 3:24 pm CDT   Sell   3.20301024   0.01200000   0.03843612
Mar 17, 2014, 3:24 pm CDT   Sell   1.79698976   0.01200000   0.02156388
Mar 17, 2014, 3:24 pm CDT   Buy   1.00000000   0.01450001   0.01450001
Mar 17, 2014, 3:22 pm CDT   Sell   0.36552019   0.01350000   0.00493452
Mar 17, 2014, 3:22 pm CDT   Buy   17.82677038   0.02000000   0.35653541
Mar 17, 2014, 3:22 pm CDT   Buy   0.19920377   0.02000000   0.00398408
Mar 17, 2014, 3:22 pm CDT   Sell   9.03013546   0.01351000   0.12199713
Mar 17, 2014, 3:21 pm CDT   Sell   0.10414214   0.01450000   0.00151006
Mar 17, 2014, 3:21 pm CDT   Sell   1.00000000   0.01450001   0.01450001
Mar 17, 2014, 3:21 pm CDT   Buy   0.99820000   0.02000000   0.01996400
Mar 17, 2014, 3:19 pm CDT   Buy   5.31770071   0.01789900   0.09518153

[bitcoinwonders010]

25th march is coming, we are all awaiting the outcome when airdrop happens

[niothor]

25th march is coming, we are all awaiting the outcome when airdrop happens

Even if they start the airdrop on 25 , due to technical reasons , you won't see anything before the 26 at least.
on the 25 they might just start collecting (if) id's.

[Klinky2014]

I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

[anyone4u]

They're starting again folks, don't sell for these prices..., notice prices went back up to more than 1/2 today then thse people come in and do small buys lowering prices... just like before



Order Date   Type   Amount of AUR   BTC Rate   Total BTC
Mar 17, 2014, 8:20 pm CDT   Sell   4.88198457   0.01430001   0.06981243
Mar 17, 2014, 8:19 pm CDT   Sell   1.00000000   0.01430002   0.01430002
Mar 17, 2014, 8:19 pm CDT   Sell   1.00000000   0.01430003   0.01430003
Mar 17, 2014, 8:18 pm CDT   Sell   1.00000000   0.01430005   0.01430005
Mar 17, 2014, 8:18 pm CDT   Sell   1.73996506   0.01431000   0.02489890
Mar 17, 2014, 7:32 pm CDT   Sell   0.64059003   0.01799900   0.01152998
Mar 17, 2014, 7:24 pm CDT   Buy   2.00000000   0.01799900   0.03599800
Mar 17, 2014, 7:20 pm CDT   Buy   6.95904071   0.01939999   0.13500532
Mar 17, 2014, 7:11 pm CDT   Buy   1.00000000   0.01799900   0.01799900
Mar 17, 2014, 6:27 pm CDT   Sell   0.80194556   0.01690000   0.01355288
Mar 17, 2014, 6:03 pm CDT   Buy   0.71172626   0.01910000   0.01359397
Mar 17, 2014, 6:00 pm CDT   Sell   0.71300968   0.01550000   0.01105165
Mar 17, 2014, 5:47 pm CDT   Sell   1.45810618   0.01810000   0.02639172
Mar 17, 2014, 5:40 pm CDT   Sell   10.00000000   0.01810000   0.18100000
Mar 17, 2014, 5:40 pm CDT   Sell   8.42790077   0.01810000   0.15254500
Mar 17, 2014, 5:40 pm CDT   Sell   18.08054770   0.01810000   0.32725791
Mar 17, 2014, 5:40 pm CDT   Sell   10.00000000   0.01810000   0.18100000
Mar 17, 2014, 5:39 pm CDT   Sell   0.99640324   0.01810000   0.01803490
Mar 17, 2014, 5:39 pm CDT   Sell   10.00000000   0.01810000   0.18100000
Mar 17, 2014, 5:38 pm CDT   Buy   1.01000000   0.01850000   0.01868500
Mar 17, 2014, 5:38 pm CDT   Buy   0.56719183   0.01810000   0.01026617
Mar 17, 2014, 5:34 pm CDT   Sell   31.16544716   0.01700000   0.52981260
Mar 17, 2014, 5:32 pm CDT   Sell   1.00000000   0.01700000   0.01700000
Mar 17, 2014, 5:29 pm CDT   Sell   1.00000000   0.01700000   0.01700000
Mar 17, 2014, 5:28 pm CDT   Sell   2.50000000   0.01700000   0.04250000
Mar 17, 2014, 5:26 pm CDT   Sell   25.48534727   0.01700000   0.43325090
Mar 17, 2014, 5:20 pm CDT   Buy   0.99820000   0.01800000   0.01796760
Mar 17, 2014, 4:59 pm CDT   Sell   10.67234129   0.01700000   0.18142980
Mar 17, 2014, 4:57 pm CDT   Sell   0.56821462   0.01710000   0.00971647
Mar 17, 2014, 4:54 pm CDT   Sell   1.99279535   0.01700000   0.03387752

[anyone4u]

had lots of higher buy orders, then after adjusting and changing buys on several accounts, look at these buy walls
Buy Orders 242,748.1843 AUR
BTC Rate   Amount of AUR   Total BTC
0.01430001    20.54348715    0.29377207
0.01420000    1.17231479    0.01664687
0.01400000    1.30586214    0.01828207
0.01280000    0.17168984    0.00219763
0.01250001    1.10000000    0.01375001
0.01250000    5.00000000    0.06250000
0.01210000    10.00000000    0.12100000
0.01200000    35.00000000    0.42000000
0.01160000    75.00000000    0.87000000
0.01081000    18.80000000    0.20322800

Just like 30 min ago or 1hr was about .019-.017 was most buy orders and all did not get completed, just several people having multiple accounts which is against tos and crooked as a snake. Why don't they go worship molock, wait their actions do the same, worship God and your actions will reflect it, do bad things and you will be worshiping the devil. Its either good you are doing, or bad. Actions speak louder than words.

[anyone4u]

I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

[Klinky2014]

I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

Block times, in UTC.
https://i.imgur.com/9uUkXrD.gif

Cryptsy chart, note it's Eastern Time, which is -5 UTC( add +5 for UTC)
https://i.imgur.com/b32EDZG.gif

You'll see that the larger volume downward trend seems to start right around 15:00 - 17:00, which also coincides with the block getting stuck, then it just continues to roll downhill.

I am not saying that it was the only reason, but it certainly didn't add confidence. It may have got the ball rolling faster on what would have been a smaller drop. Many people were complaining of transactions not going through and frustrated that mining wasn't going anywhere.

[niothor]

I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

So the coin didn't fail because of a failure? That is so ironic!
But actually it does make some sense.

[portice]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

[anyone4u]

I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

Block times, in UTC.


Cryptsy chart, note it's Eastern Time, which is -5 UTC( add +5 for UTC)


You'll see that the larger volume downward trend seems to start right around 15:00 - 17:00, which also coincides with the block getting stuck, then it just continues to roll downhill.

I am not saying that it was the only reason, but it certainly didn't add confidence. It may have got the ball rolling faster on what would have been a smaller drop. Many people were complaining of transactions not going through and frustrated that mining wasn't going anywhere.

Same thing happened to lots of coins, and that didn't stop them. Its happened to doge, and other coins I'm not naming atm. What happened later? The hash picked up over time and whatnot

[niothor]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

[anyone4u]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

[anyone4u]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

Only maniac minister would not wellcome 1B dollar boost to the country's economy.

[niothor]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more ))))

[anyone4u]

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more ))))

Think of it like this, not having to ditch one currency for another. I hold many criptocurrencies. I did not simply throw away one currency for another besides trading some coins for others. Yes I mine some coins which i can't mine others while mining some other coins but you get the idea. So say someone comes to your town and gives out free money which you can't spend yet locally but if infrastructure was put in you could; but you can go online and buy stuff with/trade with. Are you going to say no to that? Its like here take (example $50 worth of pcoins and you can have them for free). Person says thanks and goes online and looks up pcoins. Says wow, I can trade these for food, candy, clothes, gift certificates, etc.  Also to make a currency illigal, would that make it not be able to be used? Remember probibition in history and bootlegging? What about the war on dr ugs? Did they simply dissapear? They are still there, just not sold at some places, but others. Same thing with this coin if it was simply "illigal", which if they banned one crypto, why this one and not that one etc questions would arise.