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Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 188. (Read 506425 times)

sr. member
Activity: 448
Merit: 255

Is it worth to buy yet?


I would like to invest 100k$ in this coin
sr. member
Activity: 448
Merit: 255
Now it is a good time to buy??
Is it worth to buy yet?
legendary
Activity: 1596
Merit: 1000
Stopped reading at islanders. Twice.

I'm not sure how the liquidity of this crypto is on the current exchanges but liquidity will sky rocket after the airdrop even if it reaches 5% of islanders which of course will drive down price. My suggestion is to hold until March 20's and then lock in your profits and speculate the rest however if anyone believes in this coin succeeding beyond a year is greatly mistaken as there will be more sensible Forks and a flood of new cryptos with the same philosophy will be coming soon.

Leyt me disagree with this detail; it's not so sure the price will drive down after airdrop. Of course it is possible, but it depends; there will sure be some portion of the islander who just see a possibility to exchange this to money. But there will also be some portion who will see a future value on this and buy them. The direction of the value depends on the amount and proportion of both groups.
And if it goes down, when the quick sellers are out of coins.. it can only go up.

And we must remember the history of Iceland; they simply do not trust their current fiat, it has been inflated *a lot* during years. Sure they see this coin very differently compared to 'an average citizen' on most of the developed countries. That's why I specially like this: Iceland might be the only or one of the few countries in the word where this actually could success.
sr. member
Activity: 477
Merit: 500
I'm not sure how the liquidity of this crypto is on the current exchanges but liquidity will sky rocket after the airdrop even if it reaches 5% of islanders which of course will drive down price. My suggestion is to hold until March 20's and then lock in your profits and speculate the rest however if anyone believes in this coin succeeding beyond a year is greatly mistaken as there will be more sensible Forks and a flood of new cryptos with the same philosophy will be coming soon.

Leyt me disagree with this detail; it's not so sure the price will drive down after airdrop. Of course it is possible, but it depends; there will sure be some portion of the islander who just see a possibility to exchange this to money. But there will also be some portion who will see a future value on this and buy them. The direction of the value depends on the amount and proportion of both groups.
And if it goes down, when the quick sellers are out of coins.. it can only go up.

And we must remember the history of Iceland; they simply do not trust their current fiat, it has been inflated *a lot* during years. Sure they see this coin very differently compared to 'an average citizen' on most of the developed countries. That's why I specially like this: Iceland might be the only or one of the few countries in the word where this actually could success.
newbie
Activity: 16
Merit: 0

AuroraCoin p2pool node
COME ON GUYS - WE NEED YOUR MHS ! Wink currently ~500MHs
LOW DOA

BIGGER PAYOUTS THAN IN A STRATUM MINE !!
DDOS RESISTANT

http://freebtc.eu:12347/
1% fee
USAGE:

Code:
cgminer.exe -o freebtc.eu:12347 -u your_wallet_address -p x


GO TO http://p2pools.org/AUR to find a node closest to your location and lowest latency (latency is calculated based on your location). Kepp in mind that LOCAL hashrate of a single node doesn't matter, it is POOL hashrate that matters - so in fact it doesn't matter which node you'll use, either way you'll be mining in the entire p2pool Smiley

exactly how are the payouts better with your service? Apparently I left a few aur in my minabit.com account and I was able to withdraw it, mineabit has been an honest operation, so has easy-mine.eu
sr. member
Activity: 328
Merit: 250
Good news!

Auroracoin has been added to the exchange www.swisscex.com

https://www.swisscex.com/market/AUR_BTC

Best regards
SWISSCEX
hero member
Activity: 644
Merit: 500
My suggestion is to hold until March 20's and then lock in your profits and speculate the rest however if anyone believes in this coin succeeding beyond a year is greatly mistaken as there will be more sensible Forks and a flood of new cryptos with the same philosophy will be coming soon. I wouldn't worry about dev cashing out as it will be impossible for him to do so without killing this cryptos value.


I agree ... there is no point in selling right now before March 25th. I don't see how prices are going to drop as long as 99% of coins are locked till March 25th (that is, as long there is no other scam involved).
newbie
Activity: 16
Merit: 0
it should make you feel better that i started mining this when difficulty was at 50 but then I did a kernel update after 3 hours and broke my installation, I was down for a 24hr period and when I came back difficulty was 150. I'm so pissed about that now....new rule #1023   , once your up, set it and forget it. Smiley
sr. member
Activity: 360
Merit: 250
Token
I've been mining this coin for the last 2 weeks but right now i'm like WTF. Anyways that's all I have to say as long as value rises along with difficulty I'll continue to mine.

Theres a lof intrinsic value in this coin but theres also the fever of those new to mining coupled with the heavy hashers this coin will continue to rise. I'm not sure how the liquidity of this crypto is on the current exchanges but liquidity will sky rocket after the airdrop even if it reaches 5% of islanders which of course will drive down price. My suggestion is to hold until March 20's and then lock in your profits and speculate the rest however if anyone believes in this coin succeeding beyond a year is greatly mistaken as there will be more sensible Forks and a flood of new cryptos with the same philosophy will be coming soon. I wouldn't worry about dev cashing out as it will be impossible for him to do so without killing this cryptos value.

LTC difficulty is going to rise today, it will be interesting to see if it decreases substantially next time, if so if my hashpower/profit decreases comparatively on AUR vs LTC i'm heading back to LTC. Thats my piece good luck ya'll Smiley
You smart/lucky bastard Smiley
newbie
Activity: 16
Merit: 0
I've been mining this coin for the last 2 weeks but right now i'm like WTF. Anyways that's all I have to say as long as value rises along with difficulty I'll continue to mine.

Theres a lof intrinsic value in this coin but theres also the fever of those new to mining coupled with the heavy hashers this coin will continue to rise. I'm not sure how the liquidity of this crypto is on the current exchanges but liquidity will sky rocket after the airdrop even if it reaches 5% of islanders which of course will drive down price. My suggestion is to hold until March 20's and then lock in your profits and speculate the rest however if anyone believes in this coin succeeding beyond a year is greatly mistaken as there will be more sensible Forks and a flood of new cryptos with the same philosophy will be coming soon. I wouldn't worry about dev cashing out as it will be impossible for him to do so without killing this cryptos value.

LTC difficulty is going to rise today, it will be interesting to see if it decreases substantially next time, if so if my hashpower/profit decreases comparatively on AUR vs LTC i'm heading back to LTC. Thats my piece good luck ya'll Smiley
member
Activity: 84
Merit: 10
Cryptosaur's dev
member
Activity: 98
Merit: 10
Yes, it doesn't show the usual pump when listed on big Exchange + immediate dump and slowly descending price.

If you look at charts, it's been a steady rise.

0.07 on cryptsy atm.

I think what's helping the coin price is also the other cryptos performing horribly atm, so Aur is seen as a reserve.
sr. member
Activity: 477
Merit: 500

Yes, it went up from $3 to $31 in less than a week. Still 22 more days to go.

It's psychological. People see big ++ in last few days, then sell all other coins and buy it. But since supply is so low till March 25, I think we are nowhere near done yet



Yes, this coin is somehow different; it's a gift to Islanders; and the gift's value will be exactly how the receivers value it. If they think it is worthless, it will be worthless. If they value it high, it vill be precious..

And the initial value will be what markets decide before airdrop. Currently, markets are well aware of the total amount of coins in circulation vs total coin reserve. AFAIK, markets are not allways right, but at least they should know the preferences.
hero member
Activity: 644
Merit: 500
can someone tell me how many non-premined coins there are right now???

thanks

10,500,000

You can check out the premine addresses in the opening post on this thread.

That means there are only about 98800 available for trade. Take of the hoarders who won't be trading anytime soon, the real number available will stay low till March 25.

I expect the prices to rise if the demand stays this high

Would we hit $100 before March 25?

100$ a coin?

Yes, it went up from $3 to $31 in less than a week. Still 22 more days to go.

It's psychological. People see big ++ in last few days, then sell all other coins and buy it. But since supply is so low till March 25, I think we are nowhere near done yet





That might happen, and I wish everyone it will.

However difficulty is so high atm, only early adopters are gonna profit from it.

I think it might be better buying than mining at this point.

I could have bought at $3 but didn't, but then I bought at $10

I wonder what happens to prices if a big chinese site like BTC38 adds it
member
Activity: 98
Merit: 10
can someone tell me how many non-premined coins there are right now???

thanks

10,500,000

You can check out the premine addresses in the opening post on this thread.

That means there are only about 98800 available for trade. Take of the hoarders who won't be trading anytime soon, the real number available will stay low till March 25.

I expect the prices to rise if the demand stays this high

Would we hit $100 before March 25?

100$ a coin?

Yes, it went up from $3 to $31 in less than a week. Still 22 more days to go.

It's psychological. People see big ++ in last few days, then sell all other coins and buy it. But since supply is so low till March 25, I think we are nowhere near done yet





That might happen, and I wish everyone it will.

However difficulty is so high atm, only early adopters are gonna profit from it.

I think it might be better buying than mining at this point.
hero member
Activity: 644
Merit: 500
 Goes past Litecoin -- next up Ripple

sr. member
Activity: 477
Merit: 500
hero member
Activity: 644
Merit: 500
can someone tell me how many non-premined coins there are right now???

thanks

10,500,000

You can check out the premine addresses in the opening post on this thread.

That means there are only about 98800 available for trade. Take of the hoarders who won't be trading anytime soon, the real number available will stay low till March 25.

I expect the prices to rise if the demand stays this high

Would we hit $100 before March 25?

100$ a coin?

Yes, it went up from $3 to $31 in less than a week. Still 22 more days to go.

It's psychological. People see big ++ in last few days, then sell all other coins and buy it. But since supply is so low till March 25, I think we are nowhere near done yet



member
Activity: 98
Merit: 10
can someone tell me how many non-premined coins there are right now???

thanks

10,500,000

You can check out the premine addresses in the opening post on this thread.

That means there are only about 98800 available for trade. Take of the hoarders who won't be trading anytime soon, the real number available will stay low till March 25.

I expect the prices to rise if the demand stays this high

Would we hit $100 before March 25?

100$ a coin?
legendary
Activity: 2124
Merit: 1013
K-ing®
aurora rulzzzzzzzzzz

AZE7J5DGW3MiVKTNzWkyZztAJ7HYjprxVG
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