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

[molecular]

Hi,

Been thinking about the airdrop. An airdrop has pros and cons. Whenever there will be a third airdrop but people are still not really able to use/spend aurora, then it will kill the AUR/BTC rate. But whenever there is an airdrop when many Merchants are accepting then an airdrop will make the coin grow/make it more widely accepted.

Things have to be done in the right order, I guess.

1. Fist there have to be contact with Balduro to prevend a new big airdrop, it will kill the coin. i think this will not be so difficult, Balduro wants Aurora to be a succes.
2. Then the aur/isk exchange has to be launched.
3, Then the number of Aurora-accepting- Merchants has to grow. This is a huge job. A group of people must have the job to contact all the Merchants and concvince them to take Aurora.
4. Then a new airdrop can be successfull, when many people get some Aurora ( not a few people get a lot). Another option is of course burning the coins that aren't airdropped at the moment.

The other 1M coins that was given to the ICS is another thing. It would be very nice when it would be clear what is going to happen with those coins.

Overall there is a lot to be done and their many people needed to do this job. It might be best that ICS uses the 1M to pay allt he people that work on this project with the 1M. I also think, that Balduro wanted the 1M being spend this way.

When points 1 and 2 are done you could pay the people who getting the merchants on board, by paying them for every merchant they get.

I like this plan.

Unfortunately it's not up to us.

[rocanonz]

I think Baldur will increase the airdrop amount by a factor of 10 again, to release all the coins to the people who are willing to accept them.

I also think this is a great time point for a ISK / AUR exchange to get online. With the uncertainty of the airdrop out of the way the real price discovery can start.

I agree with the 10 fold increase, from a single perspective. Is better to have those coins % in the hand of 3000 Icelandic people, than in the hand of 30 speculators. I guess bitcoin set a precedent with the early adopters.

[solex]

I think Baldur will increase the airdrop amount by a factor of 10 again, to release all the coins to the people who are willing to accept them.

I also think this is a great time point for a ISK / AUR exchange to get online. With the uncertainty of the airdrop out of the way the real price discovery can start.

I agree with the 10 fold increase, from a single perspective. Is better to have those coins % in the hand of 3000 Icelandic people, than in the hand of 30 speculators. I guess bitcoin set a precedent with the early adopters.

The ISK / AUR exchange should have been online before the first airdrop, to help create a market and central point of focus for the AUR community in Iceland.

The old saying is "You only get one chance to make a first impression." AUR has totally burnt that chance with the wider Iceland public.

[rocanonz]

I think Baldur will increase the airdrop amount by a factor of 10 again, to release all the coins to the people who are willing to accept them.

I also think this is a great time point for a ISK / AUR exchange to get online. With the uncertainty of the airdrop out of the way the real price discovery can start.

I agree with the 10 fold increase, from a single perspective. Is better to have those coins % in the hand of 3000 Icelandic people, than in the hand of 30 speculators. I guess bitcoin set a precedent with the early adopters.

The ISK / AUR exchange should have been online before the first airdrop, to help create a market and central point of focus for the AUR community in Iceland.

The old saying is "You only get one chance to make a first impression." AUR has totally burnt that chance with the wider Iceland public.

The numbers speak for themselves. A 10% adoption can be considered a success for a project involving "money falling from the sky".
I'm sure even Baldur was surprised by the scale of speculation and media coverage. That 10% adoption was possible just because of that.
Is too early to consider this, a failed experiment.

[serje]

I think Baldur will increase the airdrop amount by a factor of 10 again, to release all the coins to the people who are willing to accept them.

I also think this is a great time point for a ISK / AUR exchange to get online. With the uncertainty of the airdrop out of the way the real price discovery can start.

I agree with the 10 fold increase, from a single perspective. Is better to have those coins % in the hand of 3000 Icelandic people, than in the hand of 30 speculators. I guess bitcoin set a precedent with the early adopters.

The ISK / AUR exchange should have been online before the first airdrop, to help create a market and central point of focus for the AUR community in Iceland.

The old saying is "You only get one chance to make a first impression." AUR has totally burnt that chance with the wider Iceland public.

The numbers speak for themselves. A 10% adoption can be considered a success for a project involving "money falling from the sky".
I'm sure even Baldur was surprised by the scale of speculation and media coverage. That 10% adoption was possible just because of that.
Is too early to consider this, a failed experiment.

I think we should give this experiment at least 2 years if not 5-6 because everyone know what happened with BTC and they wanted to rush AUR to the same thing... well maybe one day AUR will be high enough to allow me to travel to Iceland with my coins

[Skarfur]

I think Baldur will increase the airdrop amount by a factor of 10 again, to release all the coins to the people who are willing to accept them.

I also think this is a great time point for a ISK / AUR exchange to get online. With the uncertainty of the airdrop out of the way the real price discovery can start.

I agree with the 10 fold increase, from a single perspective. Is better to have those coins % in the hand of 3000 Icelandic people, than in the hand of 30 speculators. I guess bitcoin set a precedent with the early adopters.

The ISK / AUR exchange should have been online before the first airdrop, to help create a market and central point of focus for the AUR community in Iceland.

The old saying is "You only get one chance to make a first impression." AUR has totally burnt that chance with the wider Iceland public.

The numbers speak for themselves. A 10% adoption can be considered a success for a project involving "money falling from the sky".
I'm sure even Baldur was surprised by the scale of speculation and media coverage. That 10% adoption was possible just because of that.
Is too early to consider this, a failed experiment.

I think we should give this experiment at least 2 years if not 5-6 because everyone know what happened with BTC and they wanted to rush AUR to the same thing... well maybe one day AUR will be high enough to allow me to travel to Iceland with my coins

I agree with you. This is something that takes time. As long as there are some people here in Iceland working on this project, it can not be deemed a failure. I understand that a lot of people have invested a lot in this coin and are unhappy about the situation but it should have been clear to those that invested in this coin that it would not be a quick gain. A social experiment like this would always be a long term investment. So to those that are still holding and are unhappy about the situation, you have not really lost anything until you have sold your coins. If you want this experiment to be a success then help us make it so.

You can all help by spreading the word that this is still ongoing and help find some skills for this project or even provide your own.

[smalltimer]

once free money is stopped this can have value. Currently it's leaking and as long as it is leaking it will not have value and will not be secure network. Free coins do not have value. Should be easy to understand.
Keep up the free coins for 1 more year and this is dead beyond repair.

[Skarfur]

once free money is stopped this can have value. Currently it's leaking and as long as it is leaking it will not have value and will not be secure network. Free coins do not have value. Should be easy to understand.
Keep up the free coins for 1 more year and this is dead beyond repair.

Well the final phase of the airdrop should start in the next couple of days. That should be open for the next 4 months, after that the airdrop will be closed and the remaining coins should be destroyed. You are right, only after that phase is done can the real price discovery can begin.

[avw1982]

Wow is this coin still alive?

[dinobotta]

I see a future for the coin.

Today it was announced that 90% of all loans that the Icelandic banking system has lent out are illegal. To make a long story short 90% of  Icelandic loans have a fixed or floating interest rate and a principal protected with a (CPI) inflation link. Today the infation link of the loans was ruled illegal by the EFTA court. http://www.eftacourt.int/fileadmin/user_upload/Files/Cases/2013/27_13/27_13_Judgment_EN.pdf

This might mean that the Icelandic banks have to repay about 50% of all outstanding loans. I'm not sure if the Icelandic banking system can handle it if the final ruling will be to repay all these loans.

Just another nail in the coffin of the Icelandic króna.

[Skarfur]

Wow is this coin still alive?

It sure is. We are working hard on taking over the development of this coin. We are expecting an currency exchange for Auroracoin here in Iceland soon. We are mainly working on ways to update the coin to a path where we can spend minimum amount of our resources to run after some technical details and spend most of our resources for the coin adoption.

[seedooroff]

Hello! I can not properly write command "sendmany" in windows auroracoin-wallet. Could you give me an example of writing this command.

[molecular]

Hello! I can not properly write command "sendmany" in windows auroracoin-wallet. Could you give me an example of writing this command.

damn, I was going to help, but I can't get it to work either.

It seems quotation-marks are removed in the debug console input, but they are needed for valid json.

I tried

Code:

sendmany "" {"Address1":10,"Address2":10}

but I'm getting error:

Code:

Error: Error parsing JSON: {Address1:10,Address2:10}

(note the missing double quotation marks)

maybe I'm doing something wrong?

[molecular]

Hello! I can not properly write command "sendmany" in windows auroracoin-wallet. Could you give me an example of writing this command.

damn, I was going to help, but I can't get it to work either.

It seems quotation-marks are removed in the debug console input, but they are needed for valid json.

I tried

Code:

sendmany "" {"Address1":10,"Address2":10}

but I'm getting error:

Code:

Error: Error parsing JSON: {Address1:10,Address2:10}

(note the missing double quotation marks)

maybe I'm doing something wrong?

ah! got it to work. escaping the double quotes helps:

Code:

sendmany "" {\"Address1\":10,\"Address2\":10}

[Bimmerhead]

Big jump in the amount of airdrop coins in circulation over the last 5 hours. What's happenin'?

[galdur]

4120733.4 Airdrop coins in circulation, 39.25% of a total 10,500,000 Airdrop coins.

[Skarfur]

Big jump in the amount of airdrop coins in circulation over the last 5 hours. What's happenin'?

The 3rd phase of the airdrop starts today.

[galdur]

Big jump in the amount of airdrop coins in circulation over the last 5 hours. What's happenin'?

The 3rd phase of the airdrop starts today.

What does that mean ? Do I get more coins ?

[Skarfur]

Big jump in the amount of airdrop coins in circulation over the last 5 hours. What's happenin'?

The 3rd phase of the airdrop starts today.

What does that mean ? Do I get more coins ?

It should mean that. However Balduro has not stated anywhere if there have been some changes to the airdrop plan in this final phase. So it's unclear if the remaining coins from phase 2 are being distributed between all Icelanders or if the coin amount is the same as in phase 2 or if there have been some other changes.

[galdur]

Big jump in the amount of airdrop coins in circulation over the last 5 hours. What's happenin'?

The 3rd phase of the airdrop starts today.

What does that mean ? Do I get more coins ?

It should mean that. However Balduro has not stated anywhere if there have been some changes to the airdrop plan in this final phase. So it's unclear if the remaining coins from phase 2 are being distributed between all Icelanders or if the coin amount is the same as in phase 2 or if there have been some other changes.

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