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BulletProof_za
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March 09, 2014, 08:19:32 AM
 #121

Scam coin
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Canaanite
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March 09, 2014, 08:37:28 AM
 #122

Scam coin

geez, now im convinced
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March 31, 2014, 07:41:39 AM
 #123

Assuming Auroracoin can reach its goal of becoming a widely used currency in Iceland, we can calculate its potential market value as follows: there are 500 billion Icelandic Krona (ISK) in circulation (http://www.tradingeconomics.com/iceland/money-supply-m1). That's worth about 5 billion USD or about 15'000 USD per inhabitant. Let's say Auroracoin reaches 10% of that within three years. In that case, we could expect it to be worth about 1'500 USD per inhabitant or 50 USD each. Right now it is trading somewhat below 0.01 BTC or about 4 USD each. So if you believe that it will be successful, you can get a tenfold return within three years - which is good. If there's an 80% chance of failure, the investment looks less positive (100% expected upside within three years), but still positive.
BohemianStalker
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March 31, 2014, 08:11:47 AM
 #124

Assuming Auroracoin can reach its goal of becoming a widely used currency in Iceland, we can calculate its potential market value as follows: there are 500 billion Icelandic Krona (ISK) in circulation (http://www.tradingeconomics.com/iceland/money-supply-m1). That's worth about 5 billion USD or about 15'000 USD per inhabitant. Let's say Auroracoin reaches 10% of that within three years. In that case, we could expect it to be worth about 1'500 USD per inhabitant or 50 USD each. Right now it is trading somewhat below 0.01 BTC or about 4 USD each. So if you believe that it will be successful, you can get a tenfold return within three years - which is good. If there's an 80% chance of failure, the investment looks less positive (100% expected upside within three years), but still positive.

thank you for facts, a rare thing seen in this forum.
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March 31, 2014, 11:38:08 PM
 #125

Scam coin

You'd better tell all the people on here who seem to be using it:

http://aurcoin.is/

And the 1300 members of the Facebook Auroracoin buy/sell group
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March 31, 2014, 11:45:37 PM
 #126

With the ups an downs I have made a killing on this coin. Absolutely LOVE IT!

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