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Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 144. (Read 506425 times)

sr. member
Activity: 266
Merit: 250
Of course there is not many coins out there, devs own 99% of them.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
While you all pat each other's backs, there are a 15 BTC buy wall, and a 5 BTC buy wall on Cryptsy. We just doubled, and still going strong. Lol.

What exactly does that mean? Price going up, down?


it means it is easily manipulated for pumpers.  5btc or 15btc is not much at all for a person to manipulate.  that is what the beauty is with bitcoin, it is hard for somebody to move because the volume is just soooo large, like 150,000 coins a day.  the same will apply to NEM after the sell off on day one, the volume and dispersal of the coin will reflect the true market value.

must be desperate to go around other coins forums promoting NEM. I guess the future of NEM is highly uncertain and it needs a huge word of mouth as the product ain't speaking for itself Cheesy

sorry  Wink  I get a little over excited sometimes. hahaha
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013


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


dude wants to verify and over 1000 chinese hackers will be trying their best to beat the verification system, maybe lots of people on this thread too. :-)
sr. member
Activity: 313
Merit: 250
While you all pat each other's backs, there are a 15 BTC buy wall, and a 5 BTC buy wall on Cryptsy. We just doubled, and still going strong. Lol.

What exactly does that mean? Price going up, down?


it means it is easily manipulated for pumpers.  5btc or 15btc is not much at all for a person to manipulate.  that is what the beauty is with bitcoin, it is hard for somebody to move because the volume is just soooo large, like 150,000 coins a day.  the same will apply to NEM after the sell off on day one, the volume and dispersal of the coin will reflect the true market value.

must be desperate to go around other coins forums promoting NEM. I guess the future of NEM is highly uncertain and it needs a huge word of mouth as the product ain't speaking for itself Cheesy
full member
Activity: 126
Merit: 100
AUR is extremly volatile atm. time to buy more coins  Cool
member
Activity: 76
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

The Airdrop is probably going to happen at a much slower pace than people have been imagining in this thread.
full member
Activity: 378
Merit: 100
Here's another great p2pool for you guys! (Actually for me as well :-) I'm mining on it too)

http://p2poolcypherfunk.cloudapp.net:12347

Enjoy! It's a custom design, running on a powerful and quick cloud-server with DDOS protection. Give it a try.
full member
Activity: 126
Merit: 100
I would like to hear from the bagholders who bought in at $90. Some sad stories for those guys.

I was a bag holder when Bitcoin dropped back from $230 to $80 mid april last year. AND MAN DO I LIKE STILL HOLDING THAT BAG!!!
 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

+1

AUR recovered really fast after the dump. i like the game.  Grin
legendary
Activity: 1025
Merit: 1000
ltex.nl
I would like to hear from the bagholders who bought in at $90. Some sad stories for those guys.

I was a bag holder when Bitcoin dropped back from $230 to $80 mid april last year. AND MAN DO I LIKE STILL HOLDING THAT BAG!!!
 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
sr. member
Activity: 616
Merit: 251
I think Ekrona will be second Aurora coin for Scandinavian people.
hero member
Activity: 686
Merit: 500
While you all pat each other's backs, there are a 15 BTC buy wall, and a 5 BTC buy wall on Cryptsy. We just doubled, and still going strong. Lol.

What exactly does that mean? Price going up, down?


it means it is easily manipulated for pumpers.  5btc or 15btc is not much at all for a person to manipulate.  that is what the beauty is with bitcoin, it is hard for somebody to move because the volume is just soooo large, like 150,000 coins a day.  the same will apply to NEM after the sell off on day one, the volume and dispersal of the coin will reflect the true market value.

when is NEM launch date
legendary
Activity: 1025
Merit: 1000
ltex.nl
math says that dollars have zero value but you can still buy things with them...

I'm getting my popcorn out and watching this thread for the crash.  This is going to be hilarious.

Think about the value of your dollars if the government decided to release 10x the current supply of dollars in a short time span on March 25th.



Dude!! The FED IS doing just that! They have printed over 68 TRILLION on top of actual value! Enjoy your popcorn mate, while you are still able to afford it  Wink
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
While you all pat each other's backs, there are a 15 BTC buy wall, and a 5 BTC buy wall on Cryptsy. We just doubled, and still going strong. Lol.

What exactly does that mean? Price going up, down?


it means it is easily manipulated for pumpers.  5btc or 15btc is not much at all for a person to manipulate.  that is what the beauty is with bitcoin, it is hard for somebody to move because the volume is just soooo large, like 150,000 coins a day.  the same will apply to NEM after the sell off on day one, the volume and dispersal of the coin will reflect the true market value.
newbie
Activity: 11
Merit: 0
Amazing coin, But so sad, I just heard it today.
It is too late.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I basically lost like 60 coins during the manipulation. I saw that the price was driven down, so I sold a lot of coins, because I really can't afford it. So the price went down, I was set to make like 50 coins if I was somehow able to buy when it was like at .047, so I set my self ready to buy, but then the price went up to fast to like .065. I bought some along the way. Then price started going down again, the same way as before, with someone manipulating it, and I was wondering if I should buy, not knowing how low the price was going to get driven down. Trying to make a correct guess of the agendas of who ever has enough coins to drive the price down, so I decided to gamble and sell all at .048. Then the price shot up again, and I bought at .06 something. Over all I lost around 60 coins. It's just the name of the game, the person with the most money gets to in a sense steal money from those with less.

It's a lesson, stop panicking so quickly, and stop trying to buy back by trying to time things to when the price is going to shoot up.

I'm sure I'll get someone making fun of me. But any advice from people with more experience than me?


Same thing happened to me.  I put $100 in.  I thought it wasn't very much and the exact same thing happened that you described.  Eventually.... I waited it out and luckily sold at .12, but really it was just a wild guess.

You're from Nem. Hopefully Nem will really shoot up when it's released. Right now I'm devastated over the coins that I lost, and Nem is so far away in the future. Hopefully it will be big enough to make me feel better over the coins I lost.

lots of pumpers and dumpers in here saying anything to get people to still buy, but NEM is not a pump and dump, it is in it for the long haul!  When NEM hits, it will be the opposite of a scam coin, so many people will sell and have a low price and it will steadily go up from there.  money spread out over thousands of people, unlike a scam coin that pumpers and miners can manipulate.  
full member
Activity: 210
Merit: 100
While you all pat each other's backs, there are a 15 BTC buy wall, and a 5 BTC buy wall on Cryptsy. We just doubled, and still going strong. Lol.

What exactly does that mean? Price going up, down?
hero member
Activity: 686
Merit: 500
the big test will come on 25th march, cannot see any serious gains being made from here, will drop on airdrop
full member
Activity: 210
Merit: 100
I basically lost like 60 coins during the manipulation. I saw that the price was driven down, so I sold a lot of coins, because I really can't afford it. So the price went down, I was set to make like 50 coins if I was somehow able to buy when it was like at .047, so I set my self ready to buy, but then the price went up to fast to like .065. I bought some along the way. Then price started going down again, the same way as before, with someone manipulating it, and I was wondering if I should buy, not knowing how low the price was going to get driven down. Trying to make a correct guess of the agendas of who ever has enough coins to drive the price down, so I decided to gamble and sell all at .048. Then the price shot up again, and I bought at .06 something. Over all I lost around 60 coins. It's just the name of the game, the person with the most money gets to in a sense steal money from those with less.

It's a lesson, stop panicking so quickly, and stop trying to buy back by trying to time things to when the price is going to shoot up.

I'm sure I'll get someone making fun of me. But any advice from people with more experience than me?


Same thing happened to me.  I put $100 in.  I thought it wasn't very much and the exact same thing happened that you described.  Eventually.... I waited it out and luckily sold at .12, but really it was just a wild guess.

You're from Nem. Hopefully Nem will really shoot up when it's released. Right now I'm devastated over the coins that I lost, and Nem is so far away in the future. Hopefully it will be big enough to make me feel better over the coins I lost.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I basically lost like 60 coins during the manipulation. I saw that the price was driven down, so I sold a lot of coins, because I really can't afford it. So the price went down, I was set to make like 50 coins if I was somehow able to buy when it was like at .047, so I set my self ready to buy, but then the price went up to fast to like .065. I bought some along the way. Then price started going down again, the same way as before, with someone manipulating it, and I was wondering if I should buy, not knowing how low the price was going to get driven down. Trying to make a correct guess of the agendas of who ever has enough coins to drive the price down, so I decided to gamble and sell all at .048. Then the price shot up again, and I bought at .06 something. Over all I lost around 60 coins. It's just the name of the game, the person with the most money gets to in a sense steal money from those with less.

It's a lesson, stop panicking so quickly, and stop trying to buy back by trying to time things to when the price is going to shoot up.

I'm sure I'll get someone making fun of me. But any advice from people with more experience than me?


Same thing happened to me.  I put $100 in.  I thought it wasn't very much and the exact same thing happened that you described.  Eventually.... I waited it out and luckily sold at .12, but really it was just a wild guess.
newbie
Activity: 46
Merit: 0
http://aur.1gh.com/ found block 4120 6 hours ago lol...
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