Can someone fact-check this before I send it to bittrex?
Quote
Auroracoin is looking for a new home
You surely have noticed the initial hype around the invention of the first countrycoin: Auroracoin roughly 2 years ago. The bubble (partly on misunderstanding or false info that Iceland would officially use Auroracoin) was intense and many lost/won lots of money. It wasn't exactly pretty and the initial idea behind the coin got a little bit lost. There were high hopes that the small number of Icelanders would adopt the currency. Those hopes haven't come true as of now.
When the dust settled after the crash only some hardcore believers remained. It was not an easy time for the coin, of course it had made some furious enemies and scam accusations were frequent. Finally in early 2015 Balduro, the inventor who had left the project, made true on his promise to burn the remaining premine according to the initial 'airdrop' plan to distribute the premine to the population of Iceland. So yes, this coin is premined heavily, but the premine was largely given to the population of Iceland. There were likely some exploitable holes in the process which involved a system widely used in Iceland for identification of citizens (kinnatalia), so probably some of the premine also went to criminals. My personal hope is that most of that got sold off to "speculators" (not a bad thing!) and/or believers.
A group of people is working hard (I'm not part of that group, though) within the country of Iceland to establish roots for the usage of the money in Iceland, which is the primary goal and (for many) the exciting prospect of this experiment. The country is small and ladden with monetary problems. They've been fucked hard by the banksters and their Krona is suffering higher-than-average inflation traditionally. They also have strong capital controls in place. The group is talking to people in politics and also to merchants. They received 1 million AUR from the premine (the only part that didn't go the population) which they didn't dump during the last bubble when the rest of the premine was burned. They made sure AUR was legal in Iceland by asking their Central Bank and have official answers regarding this. Auroracoin is legal to use in Iceland.
Now they are buildind a AUR/Krona exchange for the people in Iceland, the legality of which they also ensured. It will not be accessible for people who are not citicens of Iceland. I strongly believe a cryptocurrency - even if supposed to be rooted in the population of a country - needs a liquid global exchange versus BTC.
That's where you come in: cryptsy (which has traditionally been the most liquid AUR/BTC exchange up to now) isn't doing the job reliably enough any more (you probably know of the 'withdrawal'-problems there), so AUR is looking for a new home.
Please let it be bittrex!
You surely have noticed the initial hype around the invention of the first countrycoin: Auroracoin roughly 2 years ago. The bubble (partly on misunderstanding or false info that Iceland would officially use Auroracoin) was intense and many lost/won lots of money. It wasn't exactly pretty and the initial idea behind the coin got a little bit lost. There were high hopes that the small number of Icelanders would adopt the currency. Those hopes haven't come true as of now.
When the dust settled after the crash only some hardcore believers remained. It was not an easy time for the coin, of course it had made some furious enemies and scam accusations were frequent. Finally in early 2015 Balduro, the inventor who had left the project, made true on his promise to burn the remaining premine according to the initial 'airdrop' plan to distribute the premine to the population of Iceland. So yes, this coin is premined heavily, but the premine was largely given to the population of Iceland. There were likely some exploitable holes in the process which involved a system widely used in Iceland for identification of citizens (kinnatalia), so probably some of the premine also went to criminals. My personal hope is that most of that got sold off to "speculators" (not a bad thing!) and/or believers.
A group of people is working hard (I'm not part of that group, though) within the country of Iceland to establish roots for the usage of the money in Iceland, which is the primary goal and (for many) the exciting prospect of this experiment. The country is small and ladden with monetary problems. They've been fucked hard by the banksters and their Krona is suffering higher-than-average inflation traditionally. They also have strong capital controls in place. The group is talking to people in politics and also to merchants. They received 1 million AUR from the premine (the only part that didn't go the population) which they didn't dump during the last bubble when the rest of the premine was burned. They made sure AUR was legal in Iceland by asking their Central Bank and have official answers regarding this. Auroracoin is legal to use in Iceland.
Now they are buildind a AUR/Krona exchange for the people in Iceland, the legality of which they also ensured. It will not be accessible for people who are not citicens of Iceland. I strongly believe a cryptocurrency - even if supposed to be rooted in the population of a country - needs a liquid global exchange versus BTC.
That's where you come in: cryptsy (which has traditionally been the most liquid AUR/BTC exchange up to now) isn't doing the job reliably enough any more (you probably know of the 'withdrawal'-problems there), so AUR is looking for a new home.
Please let it be bittrex!
Nobody is interested in such reading.
Volume.
Bring volume up and others will add AUR.
Whats the point of plenty of exchanges with zero volume?
If you want to help start buying or selling AUR.
Besides real exchange you want to be on is:
ExchangeD.I2P
