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

[dragonseer]

I think everyone here realizes that there is NO substantial buy support until you get down to prices at 10% of current price. Anyone or group of people who try to dump any large amount of coins now will have to seriously tank the price. Sure they could put in sell orders at high prices but I just don't see buyers falling for that given everyone is on edge right now curious to see what happens with the airdrop. Time for some more popcorn I guess.

I am confused why some people are claiming that all the Icelanders claiming their coins right now are getting ~$350 equivalent when there is no way more than a hand full could get even close to that if they sold all their coins right now.

Try to show some imagination. If you have the regulated crypto currency exchange open in New York, and investors can see Icelanders using ATMs and using Auroracoin in shops, then they will pull money out of poorly performing stocks and get in on the new game in town. That will make today's marketcaps look pretty small.

Man you have some serious imagination I will give you that. All I stated was the facts of the current market. Nothing more. Nothing less. I am as curious as the next guy to see what happens here. I just hope the Icelanders don't end up worse off.

We're all curious, Auroracoin has come a long way but it won't work if people in Iceland throw it away for whatever they can get for it.

There is a story about the regulated exchange I'm talking about here: http://www.coindesk.com/inside-new-yorks-bitcoin-centre/

One thing that gave me confidence about the airdrop working is the fact that Moolah.io added Auroracoin to their merchant services a while back. If you're not sure what coins to buy at the moment, then look at what they are getting behind right now, if you look here: https://moolah.io/merchants/learn-more they have merchant support for Auroracoin, Bitcoin, Darkcoin, Dogecoin, Litecoin, Mintcoin and Vertcoin.

I'm sure there are fund managers and the like looking at this unfolding market very carefully. It's too early for them to get in, but if we pick the right coins now, we will do well as more money comes in. If you were an investor, would you hold your shares in General Motors, or grab a slice of Iceland's new cyber economy?? Easy choice

[fairglu]

Icelanders are watching!

Below is the real-time analytics location map for http://chainz.cryptoid.info/aur/claims.dws


http://imgur.com/clCdE1y

[dspair]

Well, maybe I WAS wrong, looks like icelanders are cashing out and price is going through the floor

[dragonseer]

Well, maybe I WAS wrong, looks like icelanders are cashing out and price is going through the floor

Hmm so the first handful of Icelander's are trying to drive down the price before their countrymen can get a hold of theirs?? Way to go.. I'm selling my Quark and heading over to Cryptsy, I'll see how low it goes in the next few hours  

EDIT: Holy crap that Quark shows up on Cryptsy fast, AUR is hovering around .01988, I'll wait and see what happens now..

[molecular]

I've also added a population reach (currently 0.004% of Icelanders).

should be 0.4%

[minerjav]

Looking for serious Icelander entrepreneurs to group-buy KNC Titan (100Mhs). Want to invest some AUR coins in these machine. (They accept AUR coins as payment)
Please PM your previous mining experience and electricity/hosting/management costs for a business evaluation.

[fairglu]

I've also added a population reach (currently 0.004% of Icelanders).

should be 0.4%

Doh! good catch of my stupid mistake

The blockchain seems stuck once again though, so not much action happening right now, but we may see some fairly big blocks once it moves again.

[Lordoftherigs]

so what will happen value of aurora now ? anybody dares to guess ?

[fairglu]

Block #5277 just went through with 963 drops  

http://chainz.cryptoid.info/aur/claims.dws

The indicator is a bit skewed however, at least a couple transactions are not from the airdrop.
I'll tweak the query to filter them out.

edit: tweaked (negligible drop in airdrop count)

[dragonseer]

Auroracoin is selling for cheaper on Cryptsy than buy orders on Cryptorush, these are new sellers to the market.. 

[COMKORT]

Hello, AuroraCoin added to Comkort exchange!

BTC https://comkort.com/market/trade/aur_btc
LTC https://comkort.com/market/trade/aur_ltc
DOGE https://comkort.com/market/trade/aur_doge

The markets are now live, enjoy trading!

[balduro]

This is progressing much faster than I imagined.

[Maurizio]

0.03 today

[Trinibits]

This is progressing much faster than I imagined.

Is the android wallet officially out yet?

[Miner232432]

0.03 today

What makes you say that ?

All I see is alot more sells than buys and barely any BTC volume to make a pump to 0.03 happen

[NickPortland]

0.03 today

What makes you say that ?

All I see is alot more sells than buys and barely any BTC volume to make a pump to 0.03 happen

I think price will rise in a few days, when finally most people will come to terms with the fact that:

-this coin isn't a premined scam
-airdropped AUR are not gonna destroy the price
-media coverage will be somewhat more abundant (if any)

[Miner232432]

0.03 today

What makes you say that ?

All I see is alot more sells than buys and barely any BTC volume to make a pump to 0.03 happen

I think price will rise in a few days, when finally most people will come to terms with the fact that:

-this coin isn't a premined scam
-airdropped AUR are not gonna destroy the price
-media coverage will be somewhat more abundant (if any)

Yeah I'm trying to buy some up while it's cheap but I don't see a 0.01 rise today maybe half that, the 50/50 expected dump isn't really happening, sure there's more people selling than buying but it's going really really slow compared to a real dump and it's only in the 1 or 2 AUR volume, which is a positive for the coin as it means people are holding either for a better price or to actually use when it becomes possible

[Nite69]

This is progressing much faster than I imagined.

Is the android wallet officially out yet?

Not officially, but it is quite stable. See http://forum.auroracoin.org/viewtopic.php?f=11&t=277

[solid12345]

Is there an actual proof of actual icelanders receiving their coins?

That guy

I just got my coins, still waiting for confirmations though.

Status: 0/unconfirmed
Date: 25.3.2014 00:06
From: unknown
To: AZqRdCXiQ75WZYQky1mrxHeE5BcSpuMbj5 (own address, label: AirDrop)
Credit: 31.80 AUR
Net amount: +31.80 AUR
Transaction ID: e04fe51815e67590a7dffe87beea7a002d92d405e03f5e0d0de32e38a7e5a85c

Has made his account after Auroracoin was announced (new account).

Every person on reddit, claiming that they received their AUR, started posting after Auroracoin was announced too (new accounts).

That's a little bit strange.

That's incorrect, this post is the highest upvoted post on /r/auroracoin from someone who says they claimed their coins.

http://www.reddit.com/r/auroracoin/comments/21a321/im_an_icelander_that_had_my_doubts_about_this/

If you look at their profile, they have been on Reddit for 1 year, they're not "new".

This literally took me seconds to check after reading your post. But you couldn't go to /r/auroracoin and double check your false claims?

http://www.reddit.com/user/The_Heart
First post was 17 days ago, after AUR was released.

http://www.reddit.com/user/Bjossinn01
First post was 14 days ago.

http://www.reddit.com/user/svzzi
First post was 4 months ago, but he also posted only 3 times in total (someone found their old account?).

http://www.reddit.com/user/teokun
First post was 4 hours ago.

http://www.reddit.com/user/ExEdrills
That guy didn't say he received the coins.

http://www.reddit.com/user/anonymous_redd
That guy is trolling.

Who did I miss?

I like how everyone assumes if you know about crypto you should be a regular user of bitcointalk and reddit everyday. Personally I can't stand reddit and if you looked at my history there you wouldn't find much either.

[Lloydie]

This implies auroracoin is already more popular than bitcoin, with 1% adoption. The crypto war has been won today. Thanks Balduro. Great idea. Best wishes to you. Many people have ideas, a few get to work to make things happen. You are one of those rare individuals.