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Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 103. (Read 506425 times)

x01
newbie
Activity: 28
Merit: 0
newbie
Activity: 1
Merit: 0
I haven't hit price pumping, lost a little and stop gambling Wink
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Can i ask the OP a rational question - :

I looked over the airdrop blueprint , what stops someone from Zimbabwe, accessing what is essentially a public ledger of person numbers and grabbing any number they like and emailing you with it to claim the AUR ?

it seems to me there should be a key system.

i.e a way for them to prove that "this person number is mine."

if so how can that be done?

i expect it can be, maybe there is something you could ask the person to update on their official record? thus proving they have access to it?

is that what you were thinking of doing ?

** i see niothor the destroyer (and co) are trolling your topic so people must be worried ha ha

anyhow great work they say anger is an energy hey - terrible algorithm and this is why its being dumped right now. (but i told you that on page 4 of course.) 



sorry i realize  "person number" is semi private only shown on personal ID etc , ok i got you now. 
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Can i ask the OP a rational question - :

I looked over the airdrop blueprint , what stops someone from Zimbabwe, accessing what is essentially a public ledger of person numbers and grabbing any number they like and emailing you with it to claim the AUR ?

it seems to me there should be a key system.

i.e a way for them to prove that "this person number is mine."

if so how can that be done?

i expect it can be, maybe there is something you could ask the person to update on their official record? thus proving they have access to it?

is that what you were thinking of doing ?

** i see niothor the destroyer (and co) are trolling your topic so people must be worried ha ha

anyhow great work they say anger is an energy hey - terrible algorithm and this is why its being dumped right now. (but i told you that on page 4 of course.) 

full member
Activity: 238
Merit: 100
We are upgraded to the new AURORA wallet for the upcoming fork.  We are fast, stable, and friendly.  A great choice to mine Aurora!




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hero member
Activity: 690
Merit: 501
I forgot to update my auroracoin qt client. I sent 2 coins to mintpal a few days ago. The transaction still shows 0 confirmations in my qt, and doesn't show up at all on mintpal. I updated to the latest client. Am I simply out of luck?

redownload the block chain.. use the block explorer to check if your acc still holds the coins... if you were on a fork i dont think it would register on the block explorer

Thanks I will do that.
hero member
Activity: 690
Merit: 501
I forgot to update my auroracoin qt client. I sent 2 coins to mintpal a few days ago. The transaction still shows 0 confirmations in my qt, and doesn't show up at all on mintpal. I updated to the latest client. Am I simply out of luck?
member
Activity: 252
Merit: 10
Hurry up! The price is rising!
It's high time to buy now!

nah.. too many panic sellers (or speculators) keep the price down..
it goes up a little and they start selling like crazy
full member
Activity: 124
Merit: 100
Hurry up! The price is rising!
It's high time to buy now!
hero member
Activity: 826
Merit: 501
in defi we trust
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.


Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more Smiley))))

Think of it like this, not having to ditch one currency for another. I hold many criptocurrencies. I did not simply throw away one currency for another besides trading some coins for others. Yes I mine some coins which i can't mine others while mining some other coins but you get the idea. So say someone comes to your town and gives out free money which you can't spend yet locally but if infrastructure was put in you could; but you can go online and buy stuff with/trade with. Are you going to say no to that? Its like here take (example $50 worth of pcoins and you can have them for free). Person says thanks and goes online and looks up pcoins. Says wow, I can trade these for food, candy, clothes, gift certificates, etc.  Also to make a currency illigal, would that make it not be able to be used? Remember probibition in history and bootlegging? What about the war on dr ugs? Did they simply dissapear? They are still there, just not sold at some places, but others. Same thing with this coin if it was simply "illigal", which if they banned one crypto, why this one and not that one etc questions would arise.

You're not making any sense. Honestly.
If people start using aurora there , they will ditch the same amount of their national currency.

Just because you have both aur and the krona it doesn't mean you're going to buy two beers instead of one.
It amount the m1 supply , which for a healthy economy it must stay the same in this case.

Secondary you're talking here about a heavy inflation taking place which will only make things worse for some people.

full member
Activity: 140
Merit: 100
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.


Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more Smiley))))

Think of it like this, not having to ditch one currency for another. I hold many criptocurrencies. I did not simply throw away one currency for another besides trading some coins for others. Yes I mine some coins which i can't mine others while mining some other coins but you get the idea. So say someone comes to your town and gives out free money which you can't spend yet locally but if infrastructure was put in you could; but you can go online and buy stuff with/trade with. Are you going to say no to that? Its like here take (example $50 worth of pcoins and you can have them for free). Person says thanks and goes online and looks up pcoins. Says wow, I can trade these for food, candy, clothes, gift certificates, etc.  Also to make a currency illigal, would that make it not be able to be used? Remember probibition in history and bootlegging? What about the war on dr ugs? Did they simply dissapear? They are still there, just not sold at some places, but others. Same thing with this coin if it was simply "illigal", which if they banned one crypto, why this one and not that one etc questions would arise.
hero member
Activity: 826
Merit: 501
in defi we trust
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.


Only maniac minister would not wellcome 1B dollar boost to the country's economy.

You know , for that boos to happen , icelanders would have to ditch their actual currency , which is worth a bit more Smiley))))
full member
Activity: 140
Merit: 100
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.


Only maniac minister would not wellcome 1B dollar boost to the country's economy.
full member
Activity: 140
Merit: 100
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.
hero member
Activity: 826
Merit: 501
in defi we trust
Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.
full member
Activity: 140
Merit: 100
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

Block times, in UTC.


Cryptsy chart, note it's Eastern Time, which is -5 UTC( add +5 for UTC)


You'll see that the larger volume downward trend seems to start right around 15:00 - 17:00, which also coincides with the block getting stuck, then it just continues to roll downhill.

I am not saying that it was the only reason, but it certainly didn't add confidence. It may have got the ball rolling faster on what would have been a smaller drop. Many people were complaining of transactions not going through and frustrated that mining wasn't going anywhere.

Same thing happened to lots of coins, and that didn't stop them. Its happened to doge, and other coins I'm not naming atm. What happened later? The hash picked up over time and whatnot
legendary
Activity: 999
Merit: 1000
Not sure if you people actually think people of Iceland will receive this coin or trolling.......
hero member
Activity: 826
Merit: 501
in defi we trust
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

So the coin didn't fail because of a failure? That is so ironic!
But actually it does make some sense.
newbie
Activity: 6
Merit: 0
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....

Block times, in UTC.
http://i.imgur.com/9uUkXrD.gif

Cryptsy chart, note it's Eastern Time, which is -5 UTC( add +5 for UTC)
http://i.imgur.com/b32EDZG.gif

You'll see that the larger volume downward trend seems to start right around 15:00 - 17:00, which also coincides with the block getting stuck, then it just continues to roll downhill.

I am not saying that it was the only reason, but it certainly didn't add confidence. It may have got the ball rolling faster on what would have been a smaller drop. Many people were complaining of transactions not going through and frustrated that mining wasn't going anywhere.
full member
Activity: 140
Merit: 100
I think a lot of the flooding occurred due to the stuck block that took like 7 hours to complete. It held the price because no one could transfer AUR, then when the block finally cleared, people started flooding the markets. Perhaps the block stalling caused some panic that the network was broken as well. Once the snowball started rolling it just kept getting bigger and bigger. Hopefully AUR stabilizes and doesn't go below 0.01 BTC again.

nice though, could be right, but I don't think so. 7hours is not from Sat-Monday....
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