[ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 168.

embicoin

sr. member

Activity: 249

Merit: 250

Quote from: molecular on March 04, 2014, 02:04:00 AM

for those interested, here's http://blockexplorer.auroracoin.eu/ request stats for March (note the last bar is still growing, of course):

also note that march 3rd (the record day) stats are likely distorted because I had bandwidth troubles (now hopefully fixed)

for comparison, here's the february stats:

Can you explain your thoughts about this stats?
Excuse my ignorance

fairglu

legendary

Activity: 1100

Merit: 1032

For charts and auroracoin fans:

Auroracoin difficulty chart

Reaching for the moon! Some serious rise there.

molecular

donator

Activity: 2772

Merit: 1019

for those interested, here's http://blockexplorer.auroracoin.eu/ request stats for March (note the last bar is still growing, of course):

also note that march 3rd (the record day) stats are likely distorted because I had bandwidth troubles (now hopefully fixed)

for comparison, here's the february stats:

Apostle4444

hero member

Activity: 832

Merit: 500

craaasssh

cointron

hero member

Activity: 896

Merit: 500

Cryptorush zzz zzz zzz

eoakland

hero member

Activity: 699

Merit: 504

"auroracoin

[10:34] are we planning anything?
[10:34] * Joins: Loperian ([email protected])
[10:36] WE ARE BUYING AUR
[10:36] ILL MAKE A WALL AT 750, OBJECTIVE 2000
[10:37] ok
[10:37] BUY SLOWLY
[10:37] CANCEL ALL SELLS
[10:38] !check
[10:39] **** Assembly check initiated by wolong - type !ready if you are ready ***
[10:39] !ready
[10:39] !ready
[10:39] !ready
[10:39] !ready
[10:40] !ready
[10:40] !ready
[10:40] <^^Kilroy> !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] <--vacuun--> !ready
[10:41] !end
[10:41] we will go to at least 2000 at first wave
[10:42] buy small amounts of AUR slowly
[10:42] * Quits: Deadhand ([email protected]) (Quit: )
[10:45] and when we will recover the GLC pump?
[10:47] that week can be the moment, start microbuying glc if you want
[10:47] we can pump to 5000 or more easily
[10:47] nice, i have some stack of glc waiting
[10:48] good! Wink
[10:48] motherfucker! dont dump on us
[10:48] lol ill wait until 5000
[10:48] hahaa we will see..
[10:48] trust me! xD
[10:48] * Joins: cryptoshark ([email protected])
[10:49] you started?
[10:49] cryptoshark: we are doing aur atm and next pump will be glc.. be rdy
[10:49] ok ty"

Not sure if this is true, but if it is, 2000 yuan = $324. Wolong work your magic =)

Gemdealer

newbie

Activity: 33

Merit: 0

I can't access my Aurapool account at http://aur.pool-a.net/

It says I am locked out of my account and I can't find anyway to contact admin.

Can anyone help at all please?

Thanks,
Oz

megashira1

legendary

Activity: 1146

Merit: 1000

Quote from: CryptoMF on March 03, 2014, 11:22:45 PM

Quote from: CryptoStark on March 03, 2014, 11:11:02 PM

Quote from: CryptoMF on March 03, 2014, 11:02:19 PM

At the current exchange rate (0.1 BTC) that would equal 1 MILLION BTC if all 10 million Auroracoins are exchanged for BTC and then cashed out. Imagine if you can what this will do to the price of BTC. It will go into freefall as there are not enough buyers in the market to absorb that many sales.

As I don't want to see this poorly thought-out and designed promotion crash Bitcoin, I seriously hope the exchange rate tanks to a miniscule amount before the airdrop. And why the fuck do the people of Iceland get to be handed for free thousands of dollars in crypto coins each that if all cashed out quickly could seriously damage the exchange markets for all cryptocurrencies? Not hating on any Icelanders at all. I just seriously doubt that they give a rats ass about the health of Bitcoin or any other coin and just want the $$. Aurora coin is useless to them otherwise at the moment. They can't buy anything with it and most will likely fear the government will quickly ban it and will want to get what they can before that happens.

Hopefully I am not the only one who actually thinks this whole thing through to likely conclusion. Go ahead and tell me otherwise. I am sure I will hear from someone that this isn't true and I don't understand economics or free markets or some bullshit. I will tell you what I damn sure understand and that is human greed and how it can totally blind someone to the real facts and potential outcomes of their actions.

Umm, your logic is way off.

The only way for them ALL to cash out at the current exchange rate is if the current BUY WALL is 1 MILLION BTC! Right now the buy wall is 2 BTC.

If you go all the way down to .07 BTC, there is only about 15 BTC TOTAL that can be cashed out.

Unless that 1 million BTC buy wall comes along, your gonna have to work a bit harder at thinking this through to its logical conclusion Wink

That is a valid point. Thank you for correcting me. I want to make sure everyone here understands what you are saying. What you have just said is that basically the first maybe 100 Icelanders to try to completely cash out their 31 odd coins would completely deplete the buy support for Aurora coin on pretty much every exchange that currently offers Aurora coin. This would bring the price to almost nothing.

But I thought the market cap was 100's of millions of dollars? I thought we were giving every Icelander $1000's for free? I thought that we were going to overtake BTC? Does anyone still see a way that this is going to end well? Sure there will be some publicity around cryptocurrencies and the well intended plan to help Icelanders. I can only see the bottom falling out in one way or another. Of course maybe a big whale will come and save everyone.

The market cap is really only 1% of that listed on CMC as only 100k or about 1% of the coins are available for trading. Add in the huge sell off before the airdrop, and the 99% devaluation of the currency supply post drop, the coin will be rendered almost worthless; and that's when the real magic will begin.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: megashira1 on March 04, 2014, 12:59:49 AM

Quote from: Kiwicon on March 03, 2014, 09:18:37 PM

Quote from: cryptoninja on March 03, 2014, 08:33:50 AM

Quote from: eozdem on March 03, 2014, 08:05:30 AM

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

Probably just fud. But who care, even if true? It's old chat and seems like they are talking about buying it.

I am pretty sure if just one person (or a group) had a stock pile, they would have dumped and cashed out by now.

It will either stay where it is or go up (most likely) for the next 20 days

micryon

full member

Activity: 154

Merit: 100

Quote from: megashira1 on March 04, 2014, 12:59:49 AM

Quote from: Kiwicon on March 03, 2014, 09:18:37 PM

Quote from: cryptoninja on March 03, 2014, 08:33:50 AM

Quote from: eozdem on March 03, 2014, 08:05:30 AM

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

Some serious boiler-room stuff going on here.. volume , and float too small to make it immune to manipulation.

megashira1

legendary

Activity: 1146

Merit: 1000

Quote from: Kiwicon on March 03, 2014, 09:18:37 PM

Quote from: cryptoninja on March 03, 2014, 08:33:50 AM

Quote from: eozdem on March 03, 2014, 08:05:30 AM

I think the price will past bitcoin in a few days, Chineese ppl buying too much ...

seems that wolong is in this too.. http://pastebin.com/xCTa498H

How on earth did you get this info?

WTF? Is this for real?

searkt

newbie

Activity: 21

Merit: 0

Quote from: flipstyle on March 03, 2014, 01:05:00 PM

Quote from: Degolep on March 03, 2014, 01:00:26 PM

this is going to be the 2nd biggest scam news of Q1 2014

The sad thing is, these 'tards don't realize they're just helping to contribute to the black eye of cryptos, ever since mt.gox and the other string of large scale scams.

Hope you guys thought it was worth bringing down the market and potential new investors to the btc and alt game, all for a few quick bucks.

agree with you absolutely!

Korporal

sr. member

Activity: 252

Merit: 250

What the hell?

Mined all day at liberty-miners.com. They "paid out" .01ish of AUR to me but nothing showed up on the blockchain or my wallet.
WTF?

Anyone else here have this problem?

My AUR address is: AWKoPLFWmkrre2H6iyhftb6Prh5kbk4pkG

EDIT: Took several hours, but I see an incoming transaction now. Weird it takes so long...

Apostle4444

hero member

Activity: 832

Merit: 500

Quote from: SockMunkee on March 03, 2014, 08:22:14 PM

Quote from: mineabit on March 02, 2014, 05:34:19 PM

Quote from: Maurizio on March 02, 2014, 03:49:39 PM

mineabit please check the mail server. I want to unlock, to fill in the payment addres.
no mail received thx

Please PM me your username and i will check if it is locked (i have manually unlocked every single locked account yesterday).

Also check your email in case it was sent to the spam folder.

I am really not sure why you are having so many problems as most miners on the pool seems to be able to set their payment address and withdraw coins.

Hello Mineabit,

Is the pool down, or is it just me?

http://aur.pool.mineabit.com/

Thanks!

Yep its down and they have my AURORA's eeek.

stealth923

legendary

Activity: 1036

Merit: 1000

I am very interested to see what happens once the first wave of people "cash" in on the airdrop, sell their coins and completely wipe out buy walls and this coin falls to worthless in 1 second....which might even happen before the airdrop occurs.

look on the exchanges, where is the buy support for this coin???, there's like max of 10-15btc worth on each exchange....unless a whale supports the buys but that would be suicide...

imo this will have negative light on crypto's as news reports will be saying "cryptos are volatile once again.. stay away...600 million to worthless in a day".....great...and all we have left is bag holders again.

eizh

hero member

Activity: 560

Merit: 500

Quote from: fcode on March 04, 2014, 12:15:28 AM

I wish exchanges would offer the ability to short

Exactly my thoughts. I would short this with 100% confidence.

The economic illiteracy present here is breathtaking. Solid entertainment.

Lloydie

full member

Activity: 140

Merit: 100

Quote from: turtoro on March 04, 2014, 12:11:09 AM

The market cap of Auroracoin now exceeds the value of all Icelandic Krona in circulation

Not if you use M1

CryptoMF

member

Activity: 70

Merit: 10

Quote from: turtoro on March 04, 2014, 12:11:09 AM

The market cap of Auroracoin now exceeds the value of all Icelandic Krona in circulation

Amended to reflect reality: The market cap of all Auroracoin in circulation does not now exceed the value of all Icelandic Krona in circulation

fcode

full member

Activity: 170

Merit: 100

I wish exchanges would offer the ability to short

nrg_wolf

legendary

Activity: 882

Merit: 1000

Quote from: klatnioctib0 on March 04, 2014, 12:08:53 AM

Quote from: NickPortland on March 04, 2014, 12:03:37 AM

Quote from: klatnioctib0 on March 04, 2014, 12:01:52 AM

Quote from: nrg_wolf on March 03, 2014, 11:55:51 PM

6k difficulty, not worth pointing my 3.1mh's towards it. way way way to high

What are you going to mine then?

3.1mhs = .25 AUR/day .25 of 70USD = 17.50$ .13 KW/h*24 = $3.12 and this coin has more upside than atm this coin has possibility for more gains.

Isn't it "1.3 KW/h*24" though?

i'm just assuming power usage is 1000watts or 1 kw @ 13 cents kw/h.. I have same setup ..

x2 280x volatge locked, 2 7950's modded and one 6950.... all adds up power wise. and in australia i believe we are paying about 3.2 cent's per kw. not 100% on that but i know its a large amount per kw. so everything has to count bigtime. and considering my bad run with coins as of late, eg leaf, karma, panda, pnd coinye sat, all haveing next to no value, i gotta make something up soon to cover costs.

Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 168. (Read 506425 times)