Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 64. (Read 506425 times)

Ask your good buddy wolong.
Its a bit scarry that you Panda gangsters are involved in aur now.

how engaged are the chinese with aur?

CHINA MINING POOL
http://www.itk.cn

the addresses where the coins were stored was published they had a facebook and sms verified system and yes there was a small percentage of people who was able to use a proxy to claim coins without being a icelandic citizen but those numbers are low and limited to pre-existing facebook accounts...

Lol.. You've been living under a rock mate?
Just look through this thread or the Auroracoin reddit section.. You'll find all your answers

Did the airdrop even happen? How could one go about proving the coins were dropped successfully, and specifically in Iceland? Then, what keeps one man from finding the dropped stash then hoarding all the currency for himself?

I thought .004 would be bottom, one week later holy shit we're at .0027!

Almost forgot about this.
Better late than never

I agree with you. As I said, it's just a warning, each one decide what to do. My suggestion is to be careful "twice" in case they go to USD market because the USA government will have the legal tools to stop them if somebody with power enough fall in the same situation than me today (and other days, because my coin accounting is not in balance with the cryptsy accounting for unknown reasons, but just for a little, so I'm not worry with this point).

Regarding the transaction volume, if you have an exchange, you can create volume (like Mt.Gox did with non-existing coins). The crypto-coin wallets are public, but the internals of each exchange are not, so the exchanges have the power to create money from the air, if they want (or need for a specific favorable situation).

Remember, it's an unregulated market and nobody could audit the crypto-exchanges. This is the wild west with pros and cons, just be careful with your coins.

That is pretty bad if you had a standing order that wasn't filled when the price went over it.  Of course it could be abused if it is done intentionally and malevolently to large effect, but if it's a random bug it probably would not have a large effect, on average at least (sucks if you happen to get screwed by it though).

Just saying that it's difficult to judge that this is being done to manipulate the market without witnessing it firsthand or seeing concrete data of what occurred, or if it's just a software bug.

Maybe someone else can weigh in if they have anything more useful to say about it than I do, but I think in large part the only solution is to not use Cryptsy.  A lot of people don't really like or trust them, they've got some bugs, and the fees are higher than a lot of other exchanges.  However, they also have the most volume for some coins, so you've got to decide whether or not it's worth trading dealing with the negatives in exchange for the liquidity.

Still good to bring forth potential issues to the community so others can be aware of them and decide for themselves.

I had a sell order with a price lower than the pump, sent about 12 hours before it happen, and my order was not filled (my order was just a fraction of the trading volume at the higher price).

Regarding the LTC/BTC is in this state since yesterday (and other days before), but the price change several times a day, is not just minutes, it has more than 24 hours, so you can't sell or buy with the market.

I have screenshoots showing this behavior. I request support and answers, but didn't receive anything (as usual from my previous tickets)

Unfortunately, the bugs are only good for their side, never from the other side. They have almost a year, (more than many other exchanges) and they can't operate with this type of bugs. If you decide to name bugs, they will be the next Mt. Gox: Oh sorry, it was a bug in the system!.

If you thing is not a large effect move the market up and down (and move others exchanges for arbitrage effect following this pump/dump) I'm not sure what is a big effect for you. They are not big enough to move large markets like BTC and LTC, but for sure they can move up and down +100 small coins to increase their large enough profits and screw honest miners.

Of course, they should not be able to fill higher orders (with a buy) unless all lower asks have already been filled.  Could be some bugs in the system?  It's difficult to say without seeing it happen.  I've heard in the past that people have on occasion had issues with orders being placed multiple times, driving them into a negative balance.  It could be a similar sort of bug in the system - most likely there's no large effect, but as I said, impossible to say without seeing the actual info.

At the moment, I do see one very small bugged-looking order on the LTC/BTC exchange, it's been there for several minutes, even after refreshing: http://i.imgur.com/aMcUA3D.png (the smallest ask order is larger than many bid orders).  So it's possible something weird's been going on, I don't see anything huge at the moment though.

More likely bugs than intentional manipulation I would think, but guess it doesn't hurt to be vigilant.

A Question for trading experts.

Will be possible pump (or dump) the AUR without fill the orders in the middle?.

I need to know, because it happen today with Cryptsy.

There are many fraudulent transactions (internal manipulation). I'm documenting absurd transactions and manipulations (removing buy/sell orders when you sent a sell/buy order, even if the original buy/sell order has several minutes in place without any movement). It happen all the time. They are in USA, so they will have serious problems if they touch the USD market. (probably is for marketing purposes, I don't thing they will get the approval

Check the orders book for LTC/BTC today, is absurd. Check the pump to 0.13215 (AUR/LTC) today, no fill orders in the middle. (check it now, its available yet)

Be careful when you trading in Cryptsy (will you continue trading on cryptsy?) , it will harm seriously the AUR coin community.

EDIT:
1- Found this thread: https://bitcointalksearch.org/topic/deleted-by-request-361514
If you decide ignore this warning, is up to you, but please be twice careful if they open the USD market, the USA government could stop Cryptsy trading at any moment (because they are located in Florida, USA) and freeze all accounts (you will not be able to withdraw your coins).

2- Unfortunately, this post was next to an exchange advertising. I don't have any relation with the previous advertising. I will suggest move to any of the many other exchanges available for AUR.

Thanks man.  I would have liked to do a more technical dive and to have had a conversation with the audience about some of the code-level issues being discussed here in the forums.  However, from chatting with most of the attendees beforehand I got the impression that keeping it high-level would be more appropriate for the venue.

Given that the airdrop model is inherently trustful, the downsides of checkpointing (centralization) are already present.  By the end of the airdrop, however, I am curious what sort of hashrate threshold will be required for the safe removal of checkpointing.  If the network hashrate is such that the largest scrypt pool/multipool does not constitute 51+%, is this sufficient?  How will scrypt ASICs affect the securing of alt networks?

I will be doing some research in this area over the next few weeks.  If you have any facts, figures, historical precedents, data, or theories, please send them my way.

Balduro, daily support please-

Quietly buying the fuck out of Huntercoin  How's life been man?! Are you in this turd coin?

The speaker did a good job though TBH.  Kept my attention the whole time and seemed like a nice a nice enough dude from a far Good job dude

bay you bastard! Where have you been!

hopefully you can hear me ask about the recent forks... If I was the speaker I would have been more prepared or included it in the speech...