Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 186. (Read 506425 times)
lol litecoin defeated
Quote
The country has a population of 321,857 and a total area of 103,000 km2 (40,000 sq mi), which makes it the most sparsely populated country in Europe.
Devs will "airdrop" auroracoins to every single one of 321,857 citizens of Iceland, teach them about cryptocurrency and how to use a wallet, and all that without government help or even being icelanders.
Auroracoin devs > Chuck Norris > Jesus Christ > Santa
On second thought, I have another scenario to question.
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
Well, someone might consider making a website where everyone in iceland is invited to join, and then they can tell us if they got the coins or not. There would have to be some way of allowing only people from iceland to join the website.
I just came up with this idea. Don't know if it is do-able or not. what do you think?
Lol, I think this all should have been detailed and thought out before the coin was ever launched. The two most likely scenarios I see for this coin are horrible failure because of gross incompetence by the devs for lack of planning, or horrible failure because of a huge scam lots of people fell for due to a mix of greed and lazy idealism.
On second thought, I have another scenario to question.
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
Sssssshhhhhhh. Do not ask valid questions in this thread or you will be banned.
BTW, dev doesnt answer valid questions. Why? I dont know.
It's lame man . Very lame with Air Drop seriously ? Wtf ? I hope it will drop on them like Korona did 
It will make me happy and that will teach them a leason too trust shady premine's .
It will make me happy and that will teach them a leason too trust shady premine's .
On second thought, I have another scenario to question.
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
Let's assume that the "airdrop" starts, and we see new addresses with 31.8 auroracoin being sent to them.
How will we know that Icelandic citizens are actually claiming the coins? Will there be any way to verify that actual citizens are getting coins, and it isn't just fake accounts being set up by the devs sending money to themselves?
So this is the coin wolong has decided to pump up! $40 per coin? gtfo lol
dam this is rough to mine 0.1 a day 
AV8v5VQoGwYeZMNHhoHuYy7q94CUzGFu14
AV8v5VQoGwYeZMNHhoHuYy7q94CUzGFu14
How goes Merchant acceptance in Iceland if any yet?
Would love to see AUR succeed, Scotland will be right behind you all
Would love to see AUR succeed, Scotland will be right behind you all
This is pure B.S 
a premine has more value then a fair coin with hardworking developers volunteering without any payment . And these scammers just put up a coin and become billionaires . I don't like were this industry it's going ! Are you people gone crazy invest in this pure bs ? Instead of helping real world problems are coin that are there too HELP people , not making the rich already rich . Now i really wish crypto reglementation because it's unreal how many sh*t coins appear over night and have success without even a real development . Seriously ? 
I tough this industry is about Non nobis solum, Sed omnibus = Not for us, but for everyone !
a premine has more value then a fair coin with hardworking developers volunteering without any payment . And these scammers just put up a coin and become billionaires . I don't like were this industry it's going ! Are you people gone crazy invest in this pure bs ? Instead of helping real world problems are coin that are there too HELP people , not making the rich already rich . Now i really wish crypto reglementation because it's unreal how many sh*t coins appear over night and have success without even a real development . Seriously ? I tough this industry is about Non nobis solum, Sed omnibus = Not for us, but for everyone ! stupid question...
but why doesn't iceland adopt bitcoin? What makes this coin different?
but why doesn't iceland adopt bitcoin? What makes this coin different?
People. The creator is from Iceland, I think.
I am pretty sure the creator is from somewhere in Central America (Costa Rica I believe). They just used a pseudonym that sounded Icelandic. Hope that eases your concerns over the validity of this coin. Of course maybe I am wrong.
Seriously folks what do you think is going to happen when 10 million free coins hit the marketplace? Unless there is something done to restrict the amount of coins that each person is allowed to convert over a specific period of time the whole system is going to crash hard and fast. No one in their right mind would buy the coins as they would be instantly worthless. Until then have some fun mining, trading and speculating.
Too bad as I think this is a great idea. Not sure if this will end up being good or bad for crypto-world. Should be fun to watch at least. Get out your popcorn.
Oh by the way the true market cap of this coin is around 2 million atm. You can't count coins that are not in circulation in the market cap totals.
If the dev isn't even from Iceland, then it doesn't surprise me that he just mentions "a database of citizens", instead of detailing any actual kind of authentication method. How would he know how to authenticate Icelandic citizens? Has he been to Iceland? Does he have friends or family or other contacts there?
To everyone holding this coin, I hope I'm not costing you too much money by preventing fools from buying your coins from you.
Don't worry, though, I'm done. I raised my questions and I legitimately want them answered.
I'll just wait until the airdrop starts, then claim coins for my Icelandic grandmothers, all 1000 of them.
Upgrading http://aur.scrypthp.com after next block to keep up with traffic increase. Once we hit the next block we'll be adding additional CPUs, there will be 10 minutes of downtime and a stratrum restart which may require miners to restart their miners. We'll be having 0% fee for 24 hours after the maintenance as thanks and then returning to our normal 1% fee after that. Thanks to all our miners! http://aur.scrypthp.com
50% premine = devs own 10 500 000 coins
Current supply is 10 600 000 coins, that means only 100k coins has been mined.
Again, devs own 10 500 000 out of 10 600 000 coins, month after release.
Who the hell buys these coins? Has the world gone mad? You also expect them to distribute the coins to everyone in Iceland? EVERYONE in the whole country? This joke of a coin is not even backed by the government.
Current supply is 10 600 000 coins, that means only 100k coins has been mined.
Again, devs own 10 500 000 out of 10 600 000 coins, month after release.
Who the hell buys these coins? Has the world gone mad? You also expect them to distribute the coins to everyone in Iceland? EVERYONE in the whole country? This joke of a coin is not even backed by the government.
Don't worry, there's a plan! We have no idea what the details are, but we've got wishes and hopes and dreams, and that's better than any logic or reason! Either that or we're all so heavily invested in it that we will shoot down or ignore any legitimate questions about it, because we don't want to jeopardize our profits before we cash out!
50% premine = devs own 10 500 000 coins
Current supply is 10 600 000 coins, that means only 100k coins has been mined.
Again, devs own 10 500 000 out of 10 600 000 coins, month after release.
Who the hell buys these coins? Has the world gone mad? You also expect them to distribute the coins to everyone in Iceland? EVERYONE in the whole country? This joke of a coin is not even backed by the government.
I think this is the biggest altcoin scam, second would be wolong's Pandacoin.
Current supply is 10 600 000 coins, that means only 100k coins has been mined.
Again, devs own 10 500 000 out of 10 600 000 coins, month after release.
Who the hell buys these coins? Has the world gone mad? You also expect them to distribute the coins to everyone in Iceland? EVERYONE in the whole country? This joke of a coin is not even backed by the government.
I think this is the biggest altcoin scam, second would be wolong's Pandacoin.
I have a number of questions.
Do we have any sign of cooperation from the government of Iceland to help distribute this coin?
Is this database of every citizen of Iceland that is needed to distribute Auroracoin accessible without the permission of the government of Iceland?
If access to this database cannot be obtained, how will the coins be distributed fairly?
Even if access is obtained, how does someone prove their identity?
How do you prevent one person from claiming coins for multiple people?
Will the "airdrop" be online?
Once the "airdrop" commences, what will prevent a non-Icelandic citizen from claiming coins? IP-address checking? Could a non-citizen log in via proxy in Iceland, guess an ID number of a citizen, and claim coins, thus locking that citizen out of their claim?
The website makes vague claims about using a database to distribute the coins, but no specifics. Is there a real plan in place, or are we just hoping it all works out and everyone is honest? There is a unique number for every citizen of the USA and a database linking them (social security), but the government doesn't let everyone have access to it.
I have serious doubts about how this could be distributed fairly without the cooperation of the government, which to my knowledge, hasn't even acknowledged the existence of this coin.
Do we have any sign of cooperation from the government of Iceland to help distribute this coin?
Is this database of every citizen of Iceland that is needed to distribute Auroracoin accessible without the permission of the government of Iceland?
If access to this database cannot be obtained, how will the coins be distributed fairly?
Even if access is obtained, how does someone prove their identity?
How do you prevent one person from claiming coins for multiple people?
Will the "airdrop" be online?
Once the "airdrop" commences, what will prevent a non-Icelandic citizen from claiming coins? IP-address checking? Could a non-citizen log in via proxy in Iceland, guess an ID number of a citizen, and claim coins, thus locking that citizen out of their claim?
The website makes vague claims about using a database to distribute the coins, but no specifics. Is there a real plan in place, or are we just hoping it all works out and everyone is honest? There is a unique number for every citizen of the USA and a database linking them (social security), but the government doesn't let everyone have access to it.
I have serious doubts about how this could be distributed fairly without the cooperation of the government, which to my knowledge, hasn't even acknowledged the existence of this coin.
Quit asking legitimate questions.
You ever see how the U.S. delivers food to impoverished tribes in Africa?
OP is simply going to hand-drop sd cards onto iceland citizen's homes via a helicopter. One by one until he finishes in 2030.
Well, where do you live? Don't you have government smart card ID's? Don't you have Mobile certificates? Don't you have banking account on the network? They are all quite common ways to identify citizens here in Finland, and I 'v heard it is a lot more widespread in Iceland. If not yet, 1000$ reward for getting one certainly increases the usage of them.
http://www.mobiilivarmenne.fi/en/faq/
Edit: well, if Iceland is getting a 400M$ boost on their economy, I wouldn't be surpriced, if their government actually helps.
So, you don't know what the plan is either, you just have snarky comments? There has to be a real plan in place, not just some vague "Oh this seems feasible because I feel in my heart of hearts that it should work."
And if you want this currency to be anything but a toy of speculators and young men who have poor grasp of economic theory, then you NEED these questions answered.
stupid question...
but why doesn't iceland adopt bitcoin? What makes this coin different?
but why doesn't iceland adopt bitcoin? What makes this coin different?
People. The creator is from Iceland, I think.
I am pretty sure the creator is from somewhere in Central America (Costa Rica I believe). They just used a pseudonym that sounded Icelandic. Hope that eases your concerns over the validity of this coin. Of course maybe I am wrong.
Seriously folks what do you think is going to happen when 10 million free coins hit the marketplace? Unless there is something done to restrict the amount of coins that each person is allowed to convert over a specific period of time the whole system is going to crash hard and fast. No one in their right mind would buy the coins as they would be instantly worthless. Until then have some fun mining, trading and speculating.
Too bad as I think this is a great idea. Not sure if this will end up being good or bad for crypto-world. Should be fun to watch at least. Get out your popcorn.
Oh by the way the true market cap of this coin is around 2 million atm. You can't count coins that are not in circulation in the market cap totals.
Please add Cryptoworld EU Pool to the list: https://cryptoworld.eu/aur/eng/index
Its rly fast growing Pool located in EU! Supreme ping and stable!
Its rly fast growing Pool located in EU! Supreme ping and stable!
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