I see a lot of posts about value... I want to make clear the true value of Aurora is gona be usability. Whenever its 1 sat or 1 BTC is totally irelevant, as long as people don't use the coin in daily life. Sure the price needs some stable base to start with because people have to exchange FIAT for crypto and it's no good if your Aurora's drop in value by half and the merchant asks twice the price as the day before.
Exchange value is a temporary problem, the moment the coin is used in a closed loop, like Fuse already pointed out, the exchange price is only important for trading outside Iceland. Still important in global economics but not for the day to day use.
So main discussion should be how to get Aurora in as many Icelandic hands as possible and give them a coin thats usable. All FUD about AUR send to exchange addresses is history.
The current team has a few common goals and usability is on top of the list together with security and transparency . So anyone that has good input on those matters is more than welcome to join the discussion. Like other members already pointed out this team wants crypto to succeed in the first place and Aurora has excelent odds to do so with your input and creativity!
Topic: AURORACOIN - Empowering Financial Freedom - page 107. (Read 138034 times)
I'm planning to ask AUR to be traded on poloniex.com.
Auroracoin seems to fulfill the critera:
Just asking wether this has been done before, if someone more 'official' from the foundation wants to do it or if there is anything to be said against it before I go ahead.
Auroracoin seems to fulfill the critera:
Just asking wether this has been done before, if someone more 'official' from the foundation wants to do it or if there is anything to be said against it before I go ahead.
Why do we need it?
I'm planning to ask AUR to be traded on poloniex.com.
Auroracoin seems to fulfill the critera:
Just asking wether this has been done before, if someone more 'official' from the foundation wants to do it or if there is anything to be said against it before I go ahead.
Auroracoin seems to fulfill the critera:
Just asking wether this has been done before, if someone more 'official' from the foundation wants to do it or if there is anything to be said against it before I go ahead.
old coin,take over from community 
Yes. Well, new dev team that wants to build a community of users.
Thanks,will follow now.
old coin,take over from community
Yes. Well, new dev team that wants to build a community of users.
old coin,take over from community
So close to passing Digibyte in marketcap. Keep it going !! hold hold hold 
http://coinmarketcap.com/currencies/views/all/
http://coinmarketcap.com/currencies/views/all/
This coin has a good chance provided the Icelandic people are crypto dumb (which most will be in the mainstream), at worst case they will use AUR to get into bitcoin easier for those that don't mine other currencies.
Someone pointed out that the population is close and majority in one town. So while that is a positive I am sure it's going to take a lot to convince them of the first impression AUR gave the country with the price tanking so hard that it made the 2008 crisis look like a flat line in ratio.
Someone pointed out that the population is close and majority in one town. So while that is a positive I am sure it's going to take a lot to convince them of the first impression AUR gave the country with the price tanking so hard that it made the 2008 crisis look like a flat line in ratio.
People have short memory. Think how many time fiat depression there been. My advice is to hold for long time or trade to hold more AUR and forget you own coin. Let the new team do the work and sell later on to Iceland people.
The more coin you own the less for Iceland people and price will be forced high.
I just pray foundation won't be used to sell coin on exchange and is used to promote AUR to make investors have good returns.
This coin has a good chance provided the Icelandic people are crypto dumb (which most will be in the mainstream), at worst case they will use AUR to get into bitcoin easier for those that don't mine other currencies.
Someone pointed out that the population is close and majority in one town. So while that is a positive I am sure it's going to take a lot to convince them of the first impression AUR gave the country with the price tanking so hard that it made the 2008 crisis look like a flat line in ratio.
Someone pointed out that the population is close and majority in one town. So while that is a positive I am sure it's going to take a lot to convince them of the first impression AUR gave the country with the price tanking so hard that it made the 2008 crisis look like a flat line in ratio.
No serious investor is going to sell coins this low Again.These prices and higher are here to stay.
I'm seriously selling on the way up. To be honest, current price is already way to high for its current real value. A bunch of bag holders of overpriced coins isn't adding to its intrinsic value.
You guys can argue about price all day long and talk about "investing" in the coin. The truth is that it´s real value will always be decided by Icelanders.
I have "invested" in a exchange that will only be open for Icelanders to trade aur. It will be the first step into real adoption of auroracoin in Iceland. Next thing to "invest" in is merchant solutions as well as educate and advertise the usage of auroracoin. If you guys want to "invest" i would suggest investing in infrastructure of the coin, buying the coin and holding on to it until it gains value through the hard work of the community is not helping us at all.
Again this thread is not about trying to get people to buy auroracoin, it is about information about auroracoin and hopefully people will pitch ideas and helpful comments to further our agenda to get auroracoin widely used in iceland.
Don't get me wrong. There is a reason why I'm selling on the way up (that's half the story). Let's say it is part of infrastructure building.
What alot of people don't get is how tiny Iceland is. 323,000. How much easier would it be to convince even 10k people in one country in a compact area to start using crypto versus Bitcoin in a major metropolitan area in a major world city? ALOT easier. Also with such a small population, word of mouth spreads fast and alot of times its just trying to convince your family and friends to start using it.
Exactly, this market is small and easy to meet up face to face. To give you some perspective i run a small online system that holds over 100k Icelanders as users. As flawed as the airdrop is being painted still over 10% of Icelanders claimed their share.
Auroracoin was on the local media here and most of the nation knows about it. Now we are attempting to get people to use it and we will make every effort in doing so. Will it be a success? To be honest i have no idea, but we will make a hell of a effort trying.
I go to buy some.
i am in
Good luck new team!
i am in
Good luck new team!
Let's keep it clean. We haven't even made it out of the first day of this thread, and we've already started with the expletives. lol
The guy has a right to be cautious. I agree that it seemed pretty FUDish, but if this is going to succeed, all concerns and questions need to be addressed to the best of the team's ability.
-Fuse
The guy has a right to be cautious. I agree that it seemed pretty FUDish, but if this is going to succeed, all concerns and questions need to be addressed to the best of the team's ability.
-Fuse
It was pure FUD . Just ignore it and carry on, earlish investors deserve to make a lot of money and I am not going to sell my coins at very high prices as I have no use for them. I can use bitcoin of course and I just want to make a bit more while this new team makes AUR usable in Iceland. It's a fair trade. So team ignore the FUD and make me a rich bitch!
Why so modest? Providing liquidity and monetary value to the coin at this stage is one of many important things that need to be there for the coin to work. The chain runs on scrypt and just a few weeks back we had massive problems because the mining crowd was small and tended to hop away at the slightest drop in exchange rate. We were suspecting attacks because the hashrate was tiny and weird things were happening. Now we have about 5 times as much hashrate and worries about security of the chain are way lower.
You take a high risk and you might be rewarded... even if it's just with beers in Icelandic bars
.No serious investor is going to sell coins this low Again.These prices and higher are here to stay.
No serious investor is going to sell coins this low Again.These prices and higher are here to stay.
I'm seriously selling on the way up. To be honest, current price is already way to high for its current real value. A bunch of bag holders of overpriced coins isn't adding to its intrinsic value.
You guys can argue about price all day long and talk about "investing" in the coin. The truth is that it´s real value will always be decided by Icelanders.
I have "invested" in a exchange that will only be open for Icelanders to trade aur. It will be the first step into real adoption of auroracoin in Iceland. Next thing to "invest" in is merchant solutions as well as educate and advertise the usage of auroracoin. If you guys want to "invest" i would suggest investing in infrastructure of the coin, buying the coin and holding on to it until it gains value through the hard work of the community is not helping us at all.
Again this thread is not about trying to get people to buy auroracoin, it is about information about auroracoin and hopefully people will pitch ideas and helpful comments to further our agenda to get auroracoin widely used in iceland.
Don't get me wrong. There is a reason why I'm selling on the way up (that's half the story). Let's say it is part of infrastructure building.
What alot of people don't get is how tiny Iceland is. 323,000. How much easier would it be to convince even 10k people in one country in a compact area to start using crypto versus Bitcoin in a major metropolitan area in a major world city? ALOT easier. Also with such a small population, word of mouth spreads fast and alot of times its just trying to convince your family and friends to start using it.
guldencoin is half the marketcap of AUR according to coinmarketcap which makes AUR the best countrycoin by far already. Have merchants isn't a good thing because then people spend coins and pushes the price lower and who wants to waste coins buying stuff when you can use shit fiat for that. Look what happened to bitcoin price since more merchants started accepting the coin.
In a closed loop crypto system, there isn't a need for fiat. When I go and buy a beer with AUR, I expect that bar owner to go and buy breakfast in the morning with it. And then that shop owner goes and buys petrol for his car with it. The petrol employee gets paid with it and goes out and buys his wife a wedding ring with it. And the jeweler goes out and celebrates at the movies for making an awesome sale that day. And so on and so forth.
A country coin isn't about having another form of currency... it's about being the currency.
Merchant adoption and daily use is the goal, as it should be. If people want to trade currencies and invest in things, go play around with a forex account.
-Fuse
Perfect response. I also think guldencoin is one of the best coins, if AUR makes a big hit in Iceland imagine what guldencoin will do in NL and Europe as a whole because the rest of the countrycoins are trash. Imo
No serious investor is going to sell coins this low Again.These prices and higher are here to stay.
I'm seriously selling on the way up. To be honest, current price is already way to high for its current real value. A bunch of bag holders of overpriced coins isn't adding to its intrinsic value.
You guys can argue about price all day long and talk about "investing" in the coin. The truth is that it´s real value will always be decided by Icelanders.
I have "invested" in a exchange that will only be open for Icelanders to trade aur. It will be the first step into real adoption of auroracoin in Iceland. Next thing to "invest" in is merchant solutions as well as educate and advertise the usage of auroracoin. If you guys want to "invest" i would suggest investing in infrastructure of the coin, buying the coin and holding on to it until it gains value through the hard work of the community is not helping us at all.
Again this thread is not about trying to get people to buy auroracoin, it is about information about auroracoin and hopefully people will pitch ideas and helpful comments to further our agenda to get auroracoin widely used in iceland.
No serious investor is going to sell coins this low Again.These prices and higher are here to stay.
I'm seriously selling on the way up. To be honest, current price is already way to high for its current real value. A bunch of bag holders of overpriced coins isn't adding to its intrinsic value.
Congratulations to new team, we must drink to future fortunes and a brave new world for the people of Iceland. Take care not to dump all coins at once when price is very high as it will scare off investors like when coin was launched. As holders we must be responsible and let the team do the work to make great success.
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