Good morning guys !
Barely discussed, I wonder how bitcoin halving will influence its price - and how this will impact AUR price. Timing is one more time interesting, and I wonder how a bitcoin rally would impact every other coins. Not that AUR need BTC to exist (no BTC pair in iceland) - but still a factor.
Barely discussed, I wonder how bitcoin halving will influence its price - and how this will impact AUR price. Timing is one more time interesting, and I wonder how a bitcoin rally would impact every other coins. Not that AUR need BTC to exist (no BTC pair in iceland) - but still a factor.
True price discovery will come from within Iceland. A price evolution like the above one it's possible.
Growth to 0,002BTC followed by a longer consolidation.
I have no reason to belive this graph as true or false. Just an intuition.
interesting intution. You probably can't tell what it's based on, can you? Judging from the graph one could think that maybe you've been looking at "old restistances/support"?
Here's another chart of the old times. Not logarithmic.
However, there's loads of caveats regarding looking at this very old data for hints:
- should we look at Auroracoin in terms of BTC or FIAT?
- That history is really, really old. Buyers/sellers from back then probably have low impact nowadays. There weren't many coins at at (the first airdrop was only 38.3 AUR/person and the coin had just started, with no premine (supposedly) being sold)
- Note that the lowest point on that graph on the right is 0.009 BTC/AUR. That's crazy. We have multiple magnitudes more AUR available today
I would rather not look at this very old history.
About consolidation around 0.002: yes, that's possible, but I think 0.001 or 0.003 are more likely for having a break, though (intuition). It can only be a break, too: for a long-term valuation it doesn't make much sense (that's either too low or too high)
