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Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 142. (Read 506425 times)

newbie
Activity: 21
Merit: 0
Here's a tip for all the miners who keep dumping your shit on the market:

If you really like to sell at lower prices, keep doing that. If you prefer to sell at higher prices, then take it easy on the sell side, and spread your orders out a little bit.

It wouldn't kill you to participate in the trading a little bit, either.
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
Dude, why are you so angry?

Iceland is a country with a highly educated population with a very high proportion of internet users.

<>300K people being sent a mailshot letter that is going to give them free money is not likely to be ignored and is extremely doable, think about how much shit comes through your mom's letterbox every day.

newbie
Activity: 43
Merit: 0
The reality is that there is nothing but WORDS on a website.

Only some anonymous coin dev making promises that he can't deliver.

Along with a bunch of more well-known crypto-folk who appear to be part of the air-drop process that is planned, such as:
Quote from: Twitter
Moolah ‏@moolah_io

If only there was going to be a really simple way to redeem the #auroracoin airdrop through somebody like us... *winks*.


ooooooo a "bunch" of crypto folk who are going to reach out to THREE HUNDRED THOUSAND Icelanders. 

So lets say there are 100 of you "Crypto Folks"  you are each going to personally reach out SUCCESSFULLY to distribute, educate, train, and more to THREE THOUSAND TWO HUNDRED Icelanders EACH... when you don't even live in the region.  Some of who don't even have computers? 

Do you really expect anyone to believe that BULLSHIT.
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
The reality is that there is nothing but WORDS on a website.

Only some anonymous coin dev making promises that he can't deliver.

Along with a bunch of more well-known crypto-folk who appear to be part of the air-drop process that is planned, such as:
Quote from: Twitter
Moolah ‏@moolah_io

If only there was going to be a really simple way to redeem the #auroracoin airdrop through somebody like us... *winks*.





newbie
Activity: 43
Merit: 0
somebody should moderate this forum the amount of trolls repeating the same thing over and over is unbearable  Grin

Look... a zealot.  The only troll on this thread are people like you spouting off BULLSHIT, and calling anyone who points out the obvious trolls.

sr. member
Activity: 313
Merit: 250
somebody should moderate this forum the amount of trolls repeating the same thing over and over is unbearable  Grin
newbie
Activity: 43
Merit: 0
Just want to chime in and say that this is a novel idea.  The key word here being "IDEA".  

The dev developed the "IDEA" and released the coin without a REAL implementation plan and either one of several things is going to happen.

1. He will attempt to find a manual method of doing distribution, or will mail out some random paper wallets, or find some other half ass way to do a TINY bit of distribution and claim that he is meeting his promise.

2. He will give the coins to friends, or perhaps to a group of folks on an iceland forum board or IRC channel (These folks may or may not be actual Ice Lander's) and claim that he is meeting his promise.

3. He will dump them him self or by using friends and other associates... if he is smart he will do this slowly in combination with some of the above mentioned.

4. He will dump a bunch of the pre mined coins himself in large quantities (get noticed) and disappear with a large profit.

What I can GUARANTEE YOU will NOT happen is that the coins will be distributed to all ICELANDERS as promised.

Sure there is a national ID system that "COULD" be used for verification purposes.  There "COULD" be a method of checking an online form fillers IP address for Icelanders ISP's.  There "COULD" be all kinds of things.... BUT all that SHOULD have been put in place BEFORE the coin was launched, and all of that WOULD have been in the media many months prior to seeing it show up only in forums that discuss bit/alt coins.

I completely understand folks jumping on new coins for quick profit (I do it myself), but the amount of Zealotry in this thread makes me sick to my stomach.

All of you in this thread need to ask yourself these questions:

Where are the websites and detailed TECHNICAL PROOF of any kind of coin delivery system.  Where are the WHITE PAPERS showing his plans to thwart hackers and folks who would try impersonate Icelanders via VPN or by generating fake National ID's via algorithm like a common key gen?  Where is the proof that the dev even has ACCESS to all the ID numbers in order to prove they come from the national database?  Where is his list of Icelandic addresses if he wants to send paper wallets?  

Let alone how is he going to explain what he is even giving away?  Contrary to popular belief, most folks don't even know what a BIT COIN is, let alone what a Auroracoin is.  Does the dev think that all these folks are going to get on a computer and take the weeks of reading and searching to find out wtf a crypto currency is, how exchanges work, how to convert to BTC/ Etc?  If he plans on delivering "paper wallets" who is going to explain to the common folks how the encryption keys work or how to "sweep" those keys to a physical wallet?  Where is his program for mass adoption of this coin in Iceland?  There isn't even a SINGLE place in Iceland that will accept this "coin".  NOT ONE STORE.  

He would have had to have MASSIVE (AND I MEAN MASSIVE!) youtube, twitter, blog-o-spere, and PUBLIC educational videos already available BEFORE the coin went live in order for this to have a chance in hell of ever working.  Even with ALL the above the chance's are still TINY that the country would adopt any crypto.  People on these forums just need a reality check of the fact that most people aren't even computer literate (sure they can get on facebook, and type out a few emails, but that is pretty much the extent of it) let alone able or WILLING to do all the research and experimenting with cryptos to even make it worth their while.

I could go on and on.

The reality is that there is nothing but WORDS on a website.

Only some anonymous coin dev making promises that he can't deliver.

No matter what happens with this coin it WILL BE bad for crypto's, and ALT COINS in particular.  This will be seen as another failure because the DEV of this coin did NOT do his homework BEFORE release.

This post is not FUD, nor is it an attempt to move price one way or the other.  It's just a fucking reality check to those of you who are blindly believing in the promises of some random person on the internet.  IF that isn't the definition of gullible, than I don't know what is.

If you want to go on about the short term profits of this coin, or how your market orders are doing well, fine.  I'm all about that.

But let's call a spade a spade and stop the bullshit about this coin actually doing ANYTHING positive for the folks in Iceland.

As they say... "PICS or it didn't happen!"  I say show me the PROOF instead of just WORDS on a website.



 
member
Activity: 84
Merit: 10
Austin Global Exchange announces that Auroracoin will be on AGX at launch! AGX is open for registrations and you can set up your wallets, profile, and security options so you're ready to trade. You can check out the site and register at agx.io.

- The Austin Global Team

Find us at:
agx.io
twitter.com/AustinGlobalX
austinglobal.tumblr.com
legendary
Activity: 1988
Merit: 1000
It very simple, sell HIGH and buy LOW

Btw,i don't sell under .125 Smiley
sr. member
Activity: 313
Merit: 250
I dropped all my AUR for MZC, follow !

I sold all my MZC just to pick up the AUR you were dropping Cheesy
legendary
Activity: 1988
Merit: 1000
All coin are down today,take it relax,don't sell at these low price LOL
legendary
Activity: 1988
Merit: 1000
Cryptsy down as fuck AUR.

These stupid exchange...
member
Activity: 62
Merit: 10
I dropped all my AUR for MZC, follow !
sr. member
Activity: 434
Merit: 250
AUR is dead for now, profit switching multipools like Wafflepool raped and killed it yesterday. The difficulty is so high that it takes ages for new blocks to be found by miners. Because of this and dropping prices dedicated miners stopped mining and moved on. Don't forget: new blocks contain the transactions of the network and so your coin transfers. Each block is also a 'confirmation' for past transactions.

Incompetent devs launching a new coin without KGW are the cause. Not multipools.

Both are causes now. Root cause is indeed not implementing KGW (soon enough).

So you guys are telling me that Bitcoin itself has implemented KGW?

Because if it isn't then exactly what is happening here will be happening with Bitcoin before the year is out.

Difficulty is going to be forced to level out...just like its happening with AUR.
sr. member
Activity: 672
Merit: 273
Better look at another scandinavian coin eKrona: https://bitcointalk.org/index.php?topic=421376.40 Will be the same story soon.
I don't think so... Scandinavian people have absolutely no reason to use this coin, it will not be distributed to them nor is it exclusive in any other way. Furthermore what's stopping them from using bitcoin or any other altcoin ?




member
Activity: 70
Merit: 10


its unlikely able to distribute the coins to 330,000 people all that fast,

so all this talk about the price dropping alot is a load of crap.

It won't happen, because the coins won't go out to that many people all at once.

Think about it.

Dude wants to verify every person, prior to sending them some coins,

and VERIFICATION TAKES TIME, so it ain't going to happen all that fast.

330,000 is a big number

Price may go up, because of various factors that we are not fully aware of as yet.(if 1% of those people like the coin, they may start to buy/sell it as a hobby, and that would be 3,300 people whose favorite coin is auroracoin.
But if 10% of the people do that, then that is 33,000)

33,000 people who have a hobby of buying auroracoin. That would do lots for the coin. And then there is the rest of the crypto community.

But apparently the creator of this coin wants 330,000 people who use it regularly for buying/selling as if to replace the current government issued currency.
Well, need I say more? 330,000 isn't that as big or bigger than bitcoin if that happens? I don't know how many people are regular bitcoin enthusiasts though

More detailed coin distribution analysis from someone who likes to pull numbers out of their ass and pretend they know what is going happen.
sr. member
Activity: 313
Merit: 250
Better look at another scandinavian coin eKrona: https://bitcointalk.org/index.php?topic=421376.40 Will be the same story soon.
I don't think so... Scandinavian people have absolutely no reason to use this coin, it will not be distributed to them nor is it exclusive in any other way. Furthermore what's stopping them from using bitcoin or any other altcoin ?

sr. member
Activity: 448
Merit: 250
should have forked at 4400 (at the least), not 5400.  Going to be weeks.
full member
Activity: 322
Merit: 102
http://www.bbc.com/news/technology-26083733

Is not dead coin, only need betters dev,,, now have the plubicity that they need.... so whats happens tomorrow? now is beiging a big
dump, if you can buy less 70, tomorrow for sure, will be another time in 130 :-P (My opinion), is real coin, no fucking scam, only need that fucking trolls
that want everything only for the thingthey are rich and are dumping the coin... fucking bastards like George Soros, want everything and if can´t get , they pay mother fuckers for fuck the pools and everything,,,, so if you are learning me MDFBASTARD, get a beer and smoke a joint and let toching balls to WORLDNATION

What did i just read  Huh Huh
newbie
Activity: 9
Merit: 0
http://www.bbc.com/news/technology-26083733

Is not dead coin, only need betters dev,,, now have the plubicity that they need.... so whats happens tomorrow? now is beiging a big
dump, if you can buy less 70, tomorrow for sure, will be another time in 130 :-P (My opinion), is real coin, no fucking scam, only need that fucking trolls
that want everything only for the thingthey are rich and are dumping the coin... fucking bastards like George Soros, want everything and if can´t get , they pay mother fuckers for fuck the pools and everything,,,, so if you are learning me MDFBASTARD, get a beer and smoke a joint and let toching balls to WORLDNATION
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