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Djinou94
Legendary
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Activity: 1036
Merit: 1000
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March 15, 2014, 12:50:57 PM |
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1 satoshi like Cage  |
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galbros
Legendary
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Activity: 1022
Merit: 1000
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March 15, 2014, 12:57:01 PM |
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I'm amazed they are taking AUR that seriously.
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bitcointodayand (OP)
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March 15, 2014, 03:00:56 PM |
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If they ban it, the value potentially could increase.
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Zackgeno96
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March 15, 2014, 03:01:58 PM |
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If they ban it, the value potentially could increase.
yup, it would make the premine worthless, and would have to be destroyed |
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El Dude
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March 15, 2014, 03:02:16 PM |
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If they ban it, the value potentially could increase.
lol this premined coin will crash so hard if they ban it , on the other hand once they airdrop it everyone will rush to sell it for usd and it will crash. |
Bitcoin and Litecoin hodler
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bitcointodayand (OP)
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March 15, 2014, 03:14:57 PM |
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What if they ban it but people in Iceland use it anyway? Is that possible and would that make is scarce? What if they don't ban it but strongly discourage it (make it difficult to use etc). Different scenarios seem possible.
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El Dude
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March 15, 2014, 03:17:00 PM |
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What if they ban it but people in Iceland use it anyway? Is that possible and would that make is scarce? What if they don't ban it but strongly discourage it (make it difficult to use etc). Different scenarios seem possible.
money can't just be given to people for free it needs to be earned . people will sell this crap ASAP. |
Bitcoin and Litecoin hodler
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master-P
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March 15, 2014, 04:22:12 PM |
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Auroracoin is all talk but no substance. How are they supposedly going to airdrop coins to every single citizen? The manpower and coordination that would be involved in such an endeavor would be massive, and impossible without government intervention. Judging by that article, it would seem more likely that AUR gets banned by Iceland than the airdrop actually happening.
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Warning__3
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March 15, 2014, 04:48:01 PM |
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let's how it doesn't come to that! :O
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atc1
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March 15, 2014, 04:58:10 PM |
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Auroracoin is all talk but no substance. How are they supposedly going to airdrop coins to every single citizen? The manpower and coordination that would be involved in such an endeavor would be massive, and impossible without government intervention. Judging by that article, it would seem more likely that AUR gets banned by Iceland than the airdrop actually happening.
Not only is this impossible without government intervention,this requires each and every citizen of the country to be able to understand and use cryptos. Now,that's impossible by any standard. On top of that, the primary use of the value of the AUR would be to first and foremost convert it into local currency. Doing that would make it's value drop a LOT! And the "experiment" would be a failure and cryptos in general will end up with a bad name as being unusable,confusing and even fraudulent in that they they cannot offer a store of value. |
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botinho
Newbie
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Activity: 20
Merit: 0
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March 15, 2014, 05:02:01 PM |
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ban ban |
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verdun2003
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March 15, 2014, 05:03:34 PM |
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Believe me, if the coins are worth 1000 usd ++ and they have job issues, loads of people will "understand" crypto currencies all of a sudden. It's a matter of will to be able to get your wallet, open an account in an exchange and cash out. All in all, it's not that complicated.
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hellscabane
Legendary
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Activity: 896
Merit: 1000
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March 15, 2014, 05:22:29 PM |
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Admittedly, I look at a ban as only symbolic at the most. The way to police that sort of law just isn't worth the logistical effort.
Speaking of which, I still don't see the logistics of this "airdrop" working without either a significant company being involved or government intervention occurring. If the government bans it, then we're looking at the only feasible way of distributing all of these coins through some sort of major company that can coordinate all of the efforts that will be needed for this.
Either way, I see the price continuing on its downward trend. I still expect a price increase a few days before the 25th, but after that, the downward trend will accelerate.
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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March 15, 2014, 06:01:52 PM |
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If they will ban AuroraCoin price will drop (almost) for sure. What to do. |
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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March 15, 2014, 06:06:21 PM |
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Buy BC quickly
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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March 15, 2014, 06:19:46 PM |
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Buy BC quickly
? and why you are telling us to do that? |
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digitalindustry
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March 15, 2014, 06:44:28 PM |
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If they ban it, the value potentially could increase.
lol this premined coin will crash so hard if they ban it , on the other hand once they airdrop it everyone will rush to sell it for usd and it will crash. ha ha retard thinks Icelandic people care about the useless trashed USD. if anything they might cash out to the EUR , but that's pretty much toilet paper now also, perhaps the Drachma ? : D |
- Twitter @Kolin_Quark
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digitalindustry
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March 15, 2014, 06:47:17 PM |
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What if they ban it but people in Iceland use it anyway? Is that possible and would that make is scarce? What if they don't ban it but strongly discourage it (make it difficult to use etc). Different scenarios seem possible.
money can't just be given to people for free it needs to be earned . people will sell this crap ASAP. more genius here, everyone, this is why you are all here to hear from "Ed Dude" that money can't be issued to people it has to be earned. Noble prize for economics, that's what I'm nominating El Dude for. |
- Twitter @Kolin_Quark
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