dothetwist
Member
Offline
Activity: 63
Merit: 10
|
|
March 25, 2014, 10:36:12 PM |
|
how low you guys think itll go? and why is it dropping like this? cuz of the air drop (when was that by the way?)?
yesterday. Definitely it was the catalyst, I don't know if it was directly the cause. It's airdropping nearly a 1000 coins a minute... It's unsustainable, and probably scam too.
|
|
|
|
leewilson
|
|
March 25, 2014, 10:39:57 PM |
|
Yes, it is dropping bc of airdrop. And the moment it gets to the fork with "fixes" it will drop even faster.
Predicting 2500-5000 satoshi very very soon...no later than 72hrs after fork, maybe much sooner, like 72hrs from now.
The majority of the population segment that has been cut out of the airdrop (35yo+) because of the validation chosen (facebook) is also the same segment that owns the majority of businesses. I am guessing they might be a bit put off because of this alone. Without merchants accepting coins locally then the vast majority will be dumped asap in order to get the most btc/fiat possible while prices are still high. The other alternative are those that will not spend at all and hold.
Either way, the price will dump dramatically, and depending on the rest of the current airdrop and merchant acceptance absolute coin death might even be imminent.
Giving people free money will never stimulate an economy. That is a keynesian pipe dream.
|
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels
|
|
|
surfer43
Sr. Member
Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
|
|
March 25, 2014, 10:43:11 PM |
|
Yes, and giving only one entity free money is clearly much better.
|
|
|
|
gerdab
|
|
March 25, 2014, 10:48:04 PM |
|
block solved ---> transactions confirmed ---> huge drop on exchange sites ---> price < 0.01 BTC (0.008-0.009) then a small pump (0.01-0.012) before next block solved
|
|
|
|
p00chie
Member
Offline
Activity: 115
Merit: 10
|
|
March 25, 2014, 10:49:57 PM |
|
If it's true that most claims are not fraudulent then AuroraCoin is already a HUGE SUCCESS.
LoL. Whatever pills you take. Please take less. I am worried!
|
|
|
|
NickPortland
Member
Offline
Activity: 98
Merit: 10
|
|
March 25, 2014, 10:53:41 PM |
|
Yes, it is dropping bc of airdrop. And the moment it gets to the fork with "fixes" it will drop even faster.
Predicting 2500-5000 satoshi very very soon...no later than 72hrs after fork, maybe much sooner, like 72hrs from now.
The majority of the population segment that has been cut out of the airdrop (35yo+) because of the validation chosen (facebook) is also the same segment that owns the majority of businesses. I am guessing they might be a bit put off because of this alone. Without merchants accepting coins locally then the vast majority will be dumped asap in order to get the most btc/fiat possible while prices are still high. The other alternative are those that will not spend at all and hold.
Either way, the price will dump dramatically, and depending on the rest of the current airdrop and merchant acceptance absolute coin death might even be imminent.
Giving people free money will never stimulate an economy. That is a keynesian pipe dream.
Ok I thought you were genuinely interested in the technical aspects and whatnot but it is now clear you're just trolling. And badly at that. Pathetic.
|
Official Ambassador for UTC-PND relations *donations here* UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
|
|
|
derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
|
|
March 25, 2014, 11:00:51 PM |
|
As much as I hate this coin, I figure I'd mention 20BTC of bids literally just popped up at about .011. Interesting? EDIT:
|
|
|
|
leewilson
|
|
March 25, 2014, 11:02:07 PM |
|
Yes, it is dropping bc of airdrop. And the moment it gets to the fork with "fixes" it will drop even faster.
Predicting 2500-5000 satoshi very very soon...no later than 72hrs after fork, maybe much sooner, like 72hrs from now.
The majority of the population segment that has been cut out of the airdrop (35yo+) because of the validation chosen (facebook) is also the same segment that owns the majority of businesses. I am guessing they might be a bit put off because of this alone. Without merchants accepting coins locally then the vast majority will be dumped asap in order to get the most btc/fiat possible while prices are still high. The other alternative are those that will not spend at all and hold.
Either way, the price will dump dramatically, and depending on the rest of the current airdrop and merchant acceptance absolute coin death might even be imminent.
Giving people free money will never stimulate an economy. That is a keynesian pipe dream.
Ok I thought you were genuinely interested in the technical aspects and whatnot but it is now clear you're just trolling. And badly at that. Pathetic. Trolling? Someone asked a question and I gave an answer to that question. "I do not think it means what you think it means." I am still interested in the technical side of it, but have yet to get an actual answer. Your "answer" was that you had previously posted it (which you had not) and that what you were saying was fact regardless of the fact that neither the dev nor the blueprint state or imply what you said. And to top it off, your opinion does not even make sense.
|
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels
|
|
|
NickPortland
Member
Offline
Activity: 98
Merit: 10
|
|
March 25, 2014, 11:09:19 PM |
|
Trolling? Someone asked a question and I gave an answer to that question. "I do not think it means what you think it means."
I am still interested in the technical side of it, but have yet to get an actual answer. Your "answer" was that you had previously posted it (which you had not) and that what you were saying was fact regardless of the fact that neither the dev nor the blueprint state or imply what you said. And to top it off, your opinion does not even make sense.
Pretty sad.
|
Official Ambassador for UTC-PND relations *donations here* UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
|
|
|
toldy
|
|
March 25, 2014, 11:11:38 PM |
|
If it's true that most claims are not fraudulent then AuroraCoin is already a HUGE SUCCESS.
LoL. Whatever pills you take. Please take less. I am worried! Is anyone else munching on popcorn while we watch this implode? Coin's creation to airdrop, less than 2 months with no economy built. This will never work. Bagholders be ready.
|
|
|
|
gerdab
|
|
March 25, 2014, 11:12:34 PM |
|
yeh very sad for poeples who (invest) bought this coin for 0.02 -0.04 (and more) and waiting the holydays (airdrop day + hard fork day)!
|
|
|
|
Gimberg
Member
Offline
Activity: 115
Merit: 10
|
|
March 25, 2014, 11:14:41 PM |
|
I have a iclandic ID but can't claim the airdrop because i don't have Facebook or a Icelandic phone because I live in Sweden anyone who wants to buy it from me for 15AUR? I think that you could claim it if you have a Icelandic phone number so just PM if interested
|
|
|
|
leewilson
|
|
March 25, 2014, 11:16:00 PM |
|
Trolling? Someone asked a question and I gave an answer to that question. "I do not think it means what you think it means."
I am still interested in the technical side of it, but have yet to get an actual answer. Your "answer" was that you had previously posted it (which you had not) and that what you were saying was fact regardless of the fact that neither the dev nor the blueprint state or imply what you said. And to top it off, your opinion does not even make sense.
Pretty sad. Sic em Nick, sic em. There are more "trolls". Let 'em have it. You're going to be very busy.
|
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels
|
|
|
dothetwist
Member
Offline
Activity: 63
Merit: 10
|
|
March 25, 2014, 11:23:36 PM |
|
If it's true that most claims are not fraudulent then AuroraCoin is already a HUGE SUCCESS.
LoL. Whatever pills you take. Please take less. I am worried! Is anyone else munching on popcorn while we watch this implode? Coin's creation to airdrop, less than 2 months with no economy built. This will never work. Bagholders be ready. ~2 times the mined coins airdropped in 24 hours, this is going to be interesting
|
|
|
|
leewilson
|
|
March 25, 2014, 11:34:40 PM |
|
If it's true that most claims are not fraudulent then AuroraCoin is already a HUGE SUCCESS.
LoL. Whatever pills you take. Please take less. I am worried! Is anyone else munching on popcorn while we watch this implode? Coin's creation to airdrop, less than 2 months with no economy built. This will never work. Bagholders be ready. ~2 times the mined coins airdropped in 24 hours, this is going to be interesting Double the money supply with no effort/work put into the system and the only infrastructure in place are the exchanges to trade your AUR for any other currency.
|
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels
|
|
|
pjviitas
|
|
March 25, 2014, 11:38:23 PM |
|
Its really really really really had to see how this coin will not slip into oblivion
|
|
|
|
dothetwist
Member
Offline
Activity: 63
Merit: 10
|
|
March 25, 2014, 11:38:58 PM |
|
I have a iclandic ID but can't claim the airdrop because i don't have Facebook or a Icelandic phone because I live in Sweden anyone who wants to buy it from me for 15AUR? I think that you could claim it if you have a Icelandic phone number so just PM if interested nice try buddy, a ton of kennitala is publicly available online, the harder part of the auth is the sms or facebook...
|
|
|
|
surfer43
Sr. Member
Offline
Activity: 560
Merit: 250
"Trading Platform of The Future!"
|
|
March 25, 2014, 11:41:05 PM |
|
I have a iclandic ID but can't claim the airdrop because i don't have Facebook or a Icelandic phone because I live in Sweden anyone who wants to buy it from me for 15AUR? I think that you could claim it if you have a Icelandic phone number so just PM if interested nice try buddy, a ton of kennitala is publicly available online, the harder part of the auth is the sms or facebook... where?
|
|
|
|
pjviitas
|
|
March 25, 2014, 11:47:02 PM |
|
Its really really really really had to see how this coin will not slip into oblivion
Lost like .8BTC on this experiment. Note to self...do not speculate in a coin until all airdrops are done.
|
|
|
|
dothetwist
Member
Offline
Activity: 63
Merit: 10
|
|
March 25, 2014, 11:47:32 PM |
|
I have a iclandic ID but can't claim the airdrop because i don't have Facebook or a Icelandic phone because I live in Sweden anyone who wants to buy it from me for 15AUR? I think that you could claim it if you have a Icelandic phone number so just PM if interested nice try buddy, a ton of kennitala is publicly available online, the harder part of the auth is the sms or facebook... where? just use google search, icelandic words and google translate...
|
|
|
|
|