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

[mattakazulu]

Bitcoin just dropped by 4 percent and Auroracoin is little changed just below 8000 satoshi, meanwhile global numbers implode.

[1715332196]

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[1715332196]

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[1715332196]

1715332196

[1715332196]

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[1715332196]

1715332196

[waaat?]

Bitcoin just dropped by 4 percent and Auroracoin is little changed just below 8000 satoshi, meanwhile global numbers implode.

you're still at it to scam people, are you?
You'll deny everything until the last minute, right?
repulsive

[baldur odinson]

Hey guys I'm assuming the role of baldur if you have any questions about Auroracoin feel free to ask me here and make sure to check out all the latest news regarding Iceland and its crypto currency here @ www.aurorapr.co.vu

[molecular]

I'm assuming the role of baldur

hey man,

does this mean you have control of the premine and/or airdrop?

[solex]

Hey guys I'm assuming the role of baldur if you have any questions about Auroracoin feel free to ask me here and make sure to check out all the latest news regarding Iceland and its crypto currency here @ www.aurorapr.co.vu

Unless you have the private keys to the 500k addresses then you are not assuming the role of Baldur.

[baldur odinson]

Hey guys check out the latest Auroracoin article here @ aurorapr.co.vu plus check out aurora academy here @ auroracademy.talentlms.com

[solex]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

Iceland fiat holders about to get shafted Cyprus-style:

Iceland’s plan to impose an exit tax as part of removing capital controls anticipates all bank assets will be subject to levy, regardless of whether assets are held in ISK or FX, Morgunbladid reports without saying how it obtained the information.

http://www.zerohedge.com/news/2014-12-10/iceland-unleashes-confiscatory-exit-tax-wealth-deposits

[baldur odinson]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

Iceland fiat holders about to get shafted Cyprus-style:

Iceland’s plan to impose an exit tax as part of removing capital controls anticipates all bank assets will be subject to levy, regardless of whether assets are held in ISK or FX, Morgunbladid reports without saying how it obtained the information.

http://www.zerohedge.com/news/2014-12-10/iceland-unleashes-confiscatory-exit-tax-wealth-deposits

@ solex these capital controls and exit taxes are being imposed on big foreign hedge funds trying to take their money out of Iceland. Icelands economy is only $15 billion dollars big and these foreigners say they are owed $6 billion dollars which is 40% of the people wealth.

This exit tax will help to keep iceland's economy alive

see the whole story here @ www.aurorapr.co.vu

[dinobotta]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

Iceland fiat holders about to get shafted Cyprus-style:

Iceland’s plan to impose an exit tax as part of removing capital controls anticipates all bank assets will be subject to levy, regardless of whether assets are held in ISK or FX, Morgunbladid reports without saying how it obtained the information.

http://www.zerohedge.com/news/2014-12-10/iceland-unleashes-confiscatory-exit-tax-wealth-deposits

@ solex these capital controls and exit taxes are being imposed on big foreign hedge funds trying to take their money out of Iceland. Icelands economy is only $15 billion dollars big and these foreigners say they are owed $6 billion dollars which is 40% of the people wealth.

This exit tax will help to keep iceland's economy alive

see the whole story here @ www.aurorapr.co.vu

The Icelandic state will probably get a loan from IMF for $6-7 billion, the amount needed to pay the foreign creditors of the banks. The claim is in ISK (about 700-800 billion ISK) and the Icelandic state will get 30% discount in their pocket, 70% of the claim will therefore be payed out with government borrowed foreign currency and the Icelandic state will therefore end up with 800 billion ISK and a debt for $6-7 billion. The people of Iceland are going to pay off this IMF bond for the next maby 10-30 year or so.

Then the question is what will the Icelandic state do with the 800 billion ISK they now have in their pocket. They can go on a spending spree and use the money (ISK) in some Icelandic social welfare program. But no matter what they use the 800 billion ISK on it will all end up in domestic inflation. If they pay up domestic bonds, the money will come into circulation and will be used to by the domestic creditors (mostly pension funds) to buy up local stocks or they lend it out again. In the end the money 800 billion ISK will come into the domestic money supply and we know what happens when a currency is inflated, lets call it an "airdrop", the value of the currency drops.

But this is not the worst part. Now the ISK has depreciated (lets say about 30-40% over 2-3 years) and now the Icelandic state has to start paying off the newly $6-7 billion 10-30 year bond. With an economy that has gone through 30% depreciation of the currency the payment burden of this debt is now much harder.

So in the end this is a socialization of the Icelandic private bank collapse, just happening 6-7 years after the collapse. The debt will be payed by the Icelandic people through inflation, the "beautiful" hidden tax that takes away the wealth of a nation.

[Pecunia non olet]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

them not appreciating its potential was probably the best they could have done because it has none. Tell the icelanders to buy Bitcoin, Litecoin, Doge ...

This one is a premine-scam and there can be nothing done about it.

Hey guys I'm assuming the role of baldur if you have any questions about Auroracoin feel free to ask me here and make sure to check out all the latest news regarding Iceland and its crypto currency here @ www.aurorapr.co.vu

LOL


and i am Michael Jackson. Ask me anything.

[solex]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

them not appreciating its potential was probably the best they could have done because it has none. Tell the icelanders to buy Bitcoin, Litecoin, Doge ...

This one is a premine-scam and there can be nothing done about it.

Hey guys I'm assuming the role of baldur if you have any questions about Auroracoin feel free to ask me here and make sure to check out all the latest news regarding Iceland and its crypto currency here @ www.aurorapr.co.vu

LOL


and i am Michael Jackson. Ask me anything.

Michael, I heard you were really scared by the zombies when filming the Thriller video. Is that true?

[Pecunia non olet]

Unfortunate for Icelanders that AUR was totally botched, as well as them not appreciating its potential.

them not appreciating its potential was probably the best they could have done because it has none. Tell the icelanders to buy Bitcoin, Litecoin, Doge ...

This one is a premine-scam and there can be nothing done about it.

Hey guys I'm assuming the role of baldur if you have any questions about Auroracoin feel free to ask me here and make sure to check out all the latest news regarding Iceland and its crypto currency here @ www.aurorapr.co.vu

LOL


and i am Michael Jackson. Ask me anything.

Michael, I heard you were really scared by the zombies when filming the Thriller video. Is that true?

yes, certainly is. They were scary as hell.

[baldur odinson]

Decentralization – moving storage, computation and verification of data away from a single point of control – has probably been the most revolutionary contribution of the concept of the blockchain. The Bitcoin white paper proposes the use of the public ledger blockchain for moving value as a currency. The extension of this idea, to revolutionize almost every application that is currently run by centralized servers has seen hectic activity in terms of development, venture backing and crowdfunding this year.

As Managing Director of BitAngels, David Johnston says, everything that can be decentralized will be decentralized. Practically, all centralized network applications like stock markets, contracts, eCommerce, Internet and data storage services can be moved to a distributed model by using the blockchain. As bitcoins are necessary tokens to participate in the currency aspect of the blockchain, custom tokens can be attached to specific applications as necessary inputs to use them. Mastercoin Protocol is built to replicate the features of the distributed consensus system outside of the currency aspect of the system.

Decentralized applications or DApps that are open source and allow distributed consensus to secure the network hold tremendous promise for a free and secure digital future for users. Below are a few examples of platoforms that are leading the way towards a decentralized future.

Namecoin: is a cryptocurrency that acts as a decentralized Domain Name System (DNS). Registered domain names (with .bit extension) on this network cannot be hijacked, shut down or manipulated easily.
 
https://www.youtube.com/watch?v=RwNwrfCVVvM
 
Blocksign: is a way to sign legally binding documents like leases and contracts online for almost free.

https://www.youtube.com/watch?v=I8LfyGiWC90


 
Ethereum: can be used to codify, decentralize and secure voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind and intellectual property.


 https://www.youtube.com/watch?v=TDGq4aeevgY

 
Factom: is a system for securing millions of realtime records in the blockchain with a single hash.
 

https://www.youtube.com/watch?v=O9QsxvshYIc
 
MaidSAFE: is a way to store, share and protect the increasing knowledge base on the internet, eliminating the involvement of companies snooping and selling users’ personal data.
 
https://www.youtube.com/watch?v=Wtb6L7Bg3zY
 
Open Garden: uses mesh networks to share information via the internet from mobile phones. By providing incentives like meshcoins, phones can be lent to the network to provide bandwidth.
 

https://www.youtube.com/watch?v=Q5Pz8wL-1Ys
 
Storj: is a community shared cloud storage service. The stored data is divided, encrypted and finally stored, keeping it private and secure.
 
https://www.youtube.com/watch?v=vl3bUzfn2lg
 
Tech entrepreneur and mathematician Charles Hoskinson says Bitcoin-related technology is about to revolutionize property rights, banking, remote education, private law and crowd-funding for the developing world.
 

https://www.youtube.com/watch?v=97ufCT6lQcY
 
David A. Johnston is the managing director of the DApps Fund. He evaluates investments in Decentralized Applications & Protocols that are based on open source software, and use a distributed blockchain for token ownership and access to the application.
https://www.youtube.com/watch?v=KBxFTNwYAIw

[LTEX]

Decentralization – moving storage, computation and verification of data away from a single point of control – has probably been the most revolutionary contribution of the concept of the blockchain. The Bitcoin white paper proposes the use of the public ledger blockchain for moving value as a currency. The extension of this idea, to revolutionize almost every application that is currently run by centralized servers has seen hectic activity in terms of development, venture backing and crowdfunding this year.

As Managing Director of BitAngels, David Johnston says, everything that can be decentralized will be decentralized. Practically, all centralized network applications like stock markets, contracts, eCommerce, Internet and data storage services can be moved to a distributed model by using the blockchain. As bitcoins are necessary tokens to participate in the currency aspect of the blockchain, custom tokens can be attached to specific applications as necessary inputs to use them. Mastercoin Protocol is built to replicate the features of the distributed consensus system outside of the currency aspect of the system.

Decentralized applications or DApps that are open source and allow distributed consensus to secure the network hold tremendous promise for a free and secure digital future for users. Below are a few examples of platoforms that are leading the way towards a decentralized future.

Namecoin: is a cryptocurrency that acts as a decentralized Domain Name System (DNS). Registered domain names (with .bit extension) on this network cannot be hijacked, shut down or manipulated easily.
 
https://www.youtube.com/watch?v=RwNwrfCVVvM
 
Blocksign: is a way to sign legally binding documents like leases and contracts online for almost free.

https://www.youtube.com/watch?v=I8LfyGiWC90


 
Ethereum: can be used to codify, decentralize and secure voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind and intellectual property.


 https://www.youtube.com/watch?v=TDGq4aeevgY

 
Factom: is a system for securing millions of realtime records in the blockchain with a single hash.
 

https://www.youtube.com/watch?v=O9QsxvshYIc
 
MaidSAFE: is a way to store, share and protect the increasing knowledge base on the internet, eliminating the involvement of companies snooping and selling users’ personal data.
 
https://www.youtube.com/watch?v=Wtb6L7Bg3zY
 
Open Garden: uses mesh networks to share information via the internet from mobile phones. By providing incentives like meshcoins, phones can be lent to the network to provide bandwidth.
 

https://www.youtube.com/watch?v=Q5Pz8wL-1Ys
 
Storj: is a community shared cloud storage service. The stored data is divided, encrypted and finally stored, keeping it private and secure.
 
https://www.youtube.com/watch?v=vl3bUzfn2lg
 
Tech entrepreneur and mathematician Charles Hoskinson says Bitcoin-related technology is about to revolutionize property rights, banking, remote education, private law and crowd-funding for the developing world.
 

https://www.youtube.com/watch?v=97ufCT6lQcY
 
David A. Johnston is the managing director of the DApps Fund. He evaluates investments in Decentralized Applications & Protocols that are based on open source software, and use a distributed blockchain for token ownership and access to the application.
https://www.youtube.com/watch?v=KBxFTNwYAIw

I don't know guys, but our new Baldur rocks better then Michael Jackson! 

[baldur odinson]

Hey guys, what do you think of Iceland jailing its bankers?

Should the people of Iceland share the punishment for taking out loans that they couldn't afford to pay back?

www.aurorapr.co.vu

[xhomerx10]

the two adresses shown above link even to each other:

txid:
26b7626bbbbdcee4d60af6d5521bd4bfc4778c8dc708ea4e151d1baab525bbf0

https://chainz.cryptoid.info/aur/tx.dws?308535.htm


this is it. It's done.

holy cow 

I think this is hard evidence


Auroracoin busted!

Bump

[baldur odinson]

Crude Carnage Contagion: Biggest Stock Bloodbath In 3 Years, Credit Crashes, buy Auroracoin before its too late...

Heres why:

•WTI's 2nd worst week in over 3 years (down 10 of last 11 weeks)
•Dow's worst worst week in 3 years
•Financials worst week in 2 months
•Materials worst week since Sept 2011
•VIX's Biggest week since Sept 2011
•Gold's best week in 6 months
•Silver's last 2 weeks are best in 6 months
•HY Credit's worst 2 weeks since May 2012
•IG Credit's worst week in 2 months
•10Y Yield's best week since June 2012
•US Oil Rig Count worst week in 2 years
•The USDollar's worst week since July 2013
•USDJPY's worst week since June 2013
•Portugal Bonds worst week since July 2011
•Greek stocks worst week since 1987

www.aurorapr.co.vu

[xhomerx10]

I mined a bit before the airdrop (allegedly) started but it didn't last long since diff skyrocketed.  It seemed like such a noble cause and I got caught up in that.  It is so sad to see yet another duping of trusting souls in the Bitcoin/cryptocoin world.  I don't know if this behaviour is just status quo for all businesses or if it is unique to the crypto-world but it sucks!  Anyway, I wrote up a news release in authentic Auroracoin addies:

AURoRAdNhBbDavqRY2XS2h3h1b6NfWT8EW
ALERT34TSZvjU76yssuzHG8WCHgCkDeS7S
ALiar2zLbPYW5GVwGcXV1H9b4FfJstzXSz
AThief1mXHE3Jb4NGnHJWB46rBay7eDMyq
ANDxz4EJ71fprB4jZuiASiBRDyTS99eRv5
ALLEGEDg5ZUmx4pWsvCUWnrGNxJsQR88Ff
ASsHoLEcaeZkRMyFydnqCEnjmDK9zysCKR
Abuses8ZmjEbx7DaVtqoyfeuUM3R3zgjsx
ALTcoiNrUzGqaYUV7zA7JLyFetd995MhqM
ANDthen9Tc1CSVLCt6ed8GmJyy6UWf42FZ
AbscondS8p16Khotcui2oyynBwjsxPXUXi

Absence13HvF3yFFfdemdJbcj1wu51Adzn
ARoUSESoaQiwnyERupq7hX3CgCMbCCbCo6
ALoTof5wQNVmoEiZwNhnTKTdeooSH3Q2U4
ANGERoGxCC8FkDqzM78cEZFXFLui7DdpHQ
Accusor2LVVKio1Bx3cMf9j9dbsihataBM
AdvisesjFrXWspD7rPycdFHBrcTkacmXz1
AUDiT438HyX217t4fv6Fdt6vGPrNjeuL9g

 Count me out.

  Auroracoin is not going to help you.  Pay off your debt and buy food and water instead.

[baldur odinson]

What makes a successful coin?

www.aurorapr.co.vu

[kkcoin]

yeah, auroracoin is f****** scam.

i managed to sell without loss.

better dump & thank me later guys, check out previous posts.