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Topic: AURORACOIN - Empowering Financial Freedom - page 22. (Read 138034 times)

sr. member
Activity: 403
Merit: 250
This latest article from cointelegrsph sets auroracoin  up really nicely for a big surprise next month.

http://cointelegraph.com/news/saving-icelands-economy-did-auroracoin-fail-its-mission


At the end she lets slip that an icelandic bank has started a campaign to educate icelanders about crypto currency.

Expect auroracoin to be part of this strategic campaign, still to be announced next month.

Auroracoin is trading at a massive discount here.



hero member
Activity: 741
Merit: 500
Hey guys please this thread clean !  Thanks

We are very few day away Auroracoin Round 2 !

Let's the main fight begins.
full member
Activity: 131
Merit: 100
I really don't know what guldencoin stands for. A social experiment? A political one?
From who they want to break for? From euro? I really don't understand why it's needed in the first place.
As for auroracoin I wish that will always be perceived as a mechanism for „breaking the shackles of fiat currency”. With no politics involved. Nothing more than something like a natural force. A string of bits, carrying around value in a secured way.
sr. member
Activity: 332
Merit: 250
George you should consider dumping your Gulden and that project your involved with and come do it for AUR, this way you get to keep 50% of the btc there community put in? There is a lot more btc to be made here if you recognise the price jumped 4 * within a 2 week tineframe.

Perhaps I might misinterpret your message, but what you're basically ask, if I am willing to run away with half the money of everyone participating?

I do not know if you know what project Hybrid, or Guldenshares, is about, but it's definitely not about making some btc's. It's a long term project about supporting Gulden on multiple fronts, like proving buy-support on the market(s), and at the same time providing hashes on the blockchain. Everyone can join this project, by purchasing shares which enables it to expand; and the Guldens that Hybrid is accumulating, are being flowed back towards it's participants, the shareholders.



If I am willing to such for Aurora as well? Perhaps, but there are quite likely some obstacles to that. Firstly, I have a wish to remain anonymous to a certain degree. I earned my marks within the Gulden community, which enabled the project to take off; but here, I'm a newbie known by very few. Lay such next to the recent scam and scam attempts recently, and I doubt such will help.

Though, LTEX has knowledge of how the project is basically working. I do not know to which extends, but in one of our latest communications, he confirmed achieving results in using such same method. A similar system can easily be setup for Aurora and it's community, but I doubt I would be the person to do or ask such; here, I'm a newbie with no marks earned, whilst LTEX is a respected member and has at least the same basic knowledge on the how-to... Wink
sr. member
Activity: 258
Merit: 250
I think any attempt to peg a cryptocurrency to either fiat or another commodity is doomed to failure. Even the BoE couldn't keep GBP in the ERM. Not to mention that if a crypto is pegged to fiat, then you might as well own the fiat!

Yeah I completely agree on that.
sr. member
Activity: 476
Merit: 501
I think any attempt to peg a cryptocurrency to either fiat or another commodity is doomed to failure. Even the BoE couldn't keep GBP in the ERM. Not to mention that if a crypto is pegged to fiat, then you might as well own the fiat!
hero member
Activity: 924
Merit: 1000
Would you consider to back Aurora with gold, land, fiat, or stocks?

It's not planed and I do not think it will ever be on the plan to be honest.

You don't really need to back a cryptocurrency with anything for it to store value as everything has value as long as people believe and decide it is of value.
Just as fiat money! Maybe the questioner thinks that fiat money is backed by gold or something.
sr. member
Activity: 258
Merit: 250
Would you consider to back Aurora with gold, land, fiat, or stocks?

It's not planed and I do not think it will ever be on the plan to be honest.

You don't really need to back a cryptocurrency with anything for it to store value as everything has value as long as people believe and decide it is of value.
full member
Activity: 208
Merit: 100
Would you consider to back Aurora with gold, land, fiat, or stocks?
sr. member
Activity: 258
Merit: 250
Could someone summarize the benefits of Auroracoin?

I assume your question is what benefits Auroracoin has over other cryptocurrencies.

As such Auroracoin has the advantage of being distributed and publicly noticed in Iceland.
Auroracoin has no plans of technical advantage over other altcoins but has one of the highest rate for success because of it's distribution within Iceland.

As to why Iceland is a perfect place for a cryptocurrency economy to be born.
These are just some of the reasons what the benefits of Auroracoin are.

  • Iceland has a small population of 330.000 people.
  • We had a complete bank crash in 2008 making people more aware of the dangers the current monetary system.
  • We have the highest internet usage in the world and people here easily adapt to new technologies.
  • We had over 10% of the Icelandic nation claim their portion of Auroracoin in 2014.
  • Everything can be executed in a small scale in a developed economy.

If there is a place in the world that cryptocurrencies would work it would be Iceland.
newbie
Activity: 57
Merit: 0
Could someone summarize the benefits of Auroracoin?

It's has the same supply schedule as precious metals and the for acts like gold.

It's critical stats are easily accessible on the block Explorer when the stats of the krone are largely unknown

You can send money to and from iceland despite capital controls.

If the government migrates it's finances to the auroracoin block chain all public finances will be transparent.

You are responsible for the safety of your auroracoin which means banks can't touch your money or conduct risky business with your money.

Auroracoin will be spendable with smart phones.

Unlike the krone,  the supply of auroracoin cannot be determined by corrupt icelandic bankers or politicians.


Public development projects can raise money from icelanders with a direct crowd funding campaign meaning taxes don't have to be used and the tax rate can then also bs reduced.

The people of Iceland can mint new currency with their computers.  Before auroracoin, the minting if new currency was done by the central bank controlled by corrupt politicians. That freshly minted currency was then given to corrupt bankers who loaned the money out and made profits off of it while thenjoying old currency you had became weaker against international currency.

Unlike the krone themail people of Iceland owe more auroracoin than the bankers and politicians do meaning that when people use auroracoin the people benefit anfrom not the elite.

Lastly icelanders can now buy foreign goods and services with Auroracoin which the can't do with the krone.





You will also be able to mine with your CPU @block 225 000.


sr. member
Activity: 403
Merit: 250
Could someone summarize the benefits of Auroracoin?

It's has the same supply schedule as precious metals and the for acts like gold.

It's critical stats are easily accessible on the block Explorer when the stats of the krone are largely unknown

You can send money to and from iceland despite capital controls.

If the government migrates it's finances to the auroracoin block chain all public finances will be transparent.

You are responsible for the safety of your auroracoin which means banks can't touch your money or conduct risky business with your money.

Auroracoin will be spendable with smart phones.

Unlike the krone,  the supply of auroracoin cannot be determined by corrupt icelandic bankers or politicians.


Public development projects can raise money from icelanders with a direct crowd funding campaign meaning taxes don't have to be used and the tax rate can then also bs reduced.

The people of Iceland can mint new currency with their computers.  Before auroracoin, the minting if new currency was done by the central bank controlled by corrupt politicians. That freshly minted currency was then given to corrupt bankers who loaned the money out and made profits off of it while thenjoying old currency you had became weaker against international currency.

Unlike the krone themail people of Iceland owe more auroracoin than the bankers and politicians do meaning that when people use auroracoin the people benefit anfrom not the elite.

Lastly icelanders can now buy foreign goods and services with Auroracoin which the can't do with the krone.



donator
Activity: 2772
Merit: 1019
Could someone summarize the benefits of Auroracoin?

Compared to what? The Icelandic Krona?
newbie
Activity: 28
Merit: 0
What is Gulden? Sounds good imo.
full member
Activity: 126
Merit: 100
Could someone summarize the benefits of Auroracoin?
Ef þú skilur íslensku þá eru allar upplýsingar á http.//aurarad.is
full member
Activity: 208
Merit: 100
Could someone summarize the benefits of Auroracoin?
sr. member
Activity: 332
Merit: 250
With all due respect, we don't need the extra drama George. Heaven knows we all have had our fair share of it in any coin, including your favorite one.

With all due respect back Martin, this line somewhat made me frown;

Firstly, I think I can fairly say I cannot be hold accounted for some drama I was nor had any part of it in any case on whatsoever; do not drag me in as I was part of it or am extending it, just for giving a well intended flame regarding the matter (though certainly agreed it might have been otherwise perceived and received)...
And if you're referring to Gulden, than you're twice mistaken. With "any other coin" I wasn't referring to such, nor is it my favorite coin; you know that's the Bitcoin, and you also know my sensibility and standings within the Gulden community, especially when it comes to whom had what fair of share...



Now, having said such, I certainly you meant your comment well, and is also received as such. Just reading the magnitude of all the trolling, and feeding of it, somewhat got me astounded. Just don't feed it, as it will only fatten him. And if he keeps hungry, than deny him his food, by switching to a self moderated thread indeed  Wink
newbie
Activity: 9
Merit: 0
I've recorded a few times with the camera on the dashboard and it doesn't really have much if any shaking at all so I'm not sure we will need some extra solution.

I would think the main thing is if we should have it on the dashboard or on the hood. Mostly depends on the time this would take us. If too long then the camera might run out of battery.

I have an extra battery pack for it but if this would take half the day, I'm not sure that it would do. We like to record the whole thing as a video instead of making the GoPro take the time lapse as we might miss some important frames like that. Better to process it afterwards.



Use two identical cammeras with long lenses 100-350mm.
Install the cammeras inside two different cars on the other side of the road. And be sure it's a place where people are walking often.
Frame the subject from oposite directions.
Power up the cammeras from the car battery.
Be sure you heave beafy memory cards. 64GB+
Let it roll all day long on 1080p resolution.

"Install the cammeras inside two different cars on the other side of the road. And be sure it's a place where people are walking often." This is Iceland, you don't find people walking about. Smiley

The idea was to drive the car around the city past all the bus stops that have an Auroracoin ad.

Skarfur, I own a specially built dash cam (like the russians use) it records in 1080p and is quite wide angle. it has a 64 gb card in it and will record for 4 hours straight. it comes with a cigarette lighter "charger" and you start and stop recording by plugging it in or out of the cicarette lighter connector. very handy  Smiley

full member
Activity: 131
Merit: 100
I've recorded a few times with the camera on the dashboard and it doesn't really have much if any shaking at all so I'm not sure we will need some extra solution.

I would think the main thing is if we should have it on the dashboard or on the hood. Mostly depends on the time this would take us. If too long then the camera might run out of battery.

I have an extra battery pack for it but if this would take half the day, I'm not sure that it would do. We like to record the whole thing as a video instead of making the GoPro take the time lapse as we might miss some important frames like that. Better to process it afterwards.



Use two identical cameras with long lenses 100-350mm.
Install the cameras inside two different cars on the other side of the road. And be sure it's a place where people are walking often.
Frame the subject from opposite directions.
Power up the cameras from the car battery.
Be sure you heave beafy memory cards. 64GB+
Let it roll all day long on 1080p resolution.

"Install the cameras inside two different cars on the other side of the road. And be sure it's a place where people are walking often." This is Iceland, you don't find people walking about. Smiley

The idea was to drive the car around the city past all the bus stops that have an Auroracoin ad.

Ok got it.
It can be priceless to have few people reactions, in the morning at the rush hour, when peoples are going to work. You can archive that with a "two camera setup" as described above.
But if you just want to describe the bus stops ad campaign, that's even easier. Ask someone for a drone with hardware stabilizer (DJI Phantom like) and you'll have a smooth recording.
sr. member
Activity: 258
Merit: 250
I've recorded a few times with the camera on the dashboard and it doesn't really have much if any shaking at all so I'm not sure we will need some extra solution.

I would think the main thing is if we should have it on the dashboard or on the hood. Mostly depends on the time this would take us. If too long then the camera might run out of battery.

I have an extra battery pack for it but if this would take half the day, I'm not sure that it would do. We like to record the whole thing as a video instead of making the GoPro take the time lapse as we might miss some important frames like that. Better to process it afterwards.



Use two identical cammeras with long lenses 100-350mm.
Install the cammeras inside two different cars on the other side of the road. And be sure it's a place where people are walking often.
Frame the subject from oposite directions.
Power up the cammeras from the car battery.
Be sure you heave beafy memory cards. 64GB+
Let it roll all day long on 1080p resolution.

"Install the cammeras inside two different cars on the other side of the road. And be sure it's a place where people are walking often." This is Iceland, you don't find people walking about. Smiley

The idea was to drive the car around the city past all the bus stops that have an Auroracoin ad.
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