Auroracoin incredible scam exposed - page 2.

tokeweed

legendary

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Life, Love and Laughter...

Quote from: forlackofabettername on November 29, 2014, 12:06:51 AM

Check on aurora thread what has been dug up.

Balduro is giving himself millions in premine because he is doing the airdrop without supervision on trust-basis (lmao)

Read that thread. Last 6 to 8 pages.

Blockchain evidence has been uncovered

He wanted to ripp all iceland off their money! Rippoff a whole nation!

Imagine him holding 40% or more (he is likely holding up to 85%) of the coins pretending they were airdropped when in reality he moved them inside the chain between adresses to make the impression as if but still controls them privately to dump them later on speculators and the icelandic public.
HUGE SCAM!

This is the biggest scam that has ever happened in altcoins!

The media is going to be all over it. It'll damage all of crypto investements - even Bitcoin! Auroracoin needs to be shut down ASAP!

https://bitcointalk.org/index.php?topic=446062.4600

If you think the devs are really scammers. Please post here https://bitcointalksearch.org/topic/scammers-thread-shoe-on-head-challenge-1044229

biggus dickus

sr. member

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Quote from: not altcoin hitler on May 01, 2015, 01:03:13 PM

even wikipedia says it's a scam:

http://en.wikipedia.org/wiki/Auroracoin

"It is widely regarded as a scam coin."

Who ever looses money on it deserves to do so because they didn't do their due dilligence.

I noticed its gone up 21.95% today and had $4,356 worth of business. I'm surprised people are still buying it.

forlackofabettername

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http://digiconomist.net/dogeconomics/auroracoin-exposed/

not altcoin hitler

member

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Amazix

even wikipedia says it's a scam:

http://en.wikipedia.org/wiki/Auroracoin

"It is widely regarded as a scam coin."

Who ever looses money on it deserves to do so because they didn't do their due dilligence.

not altcoin hitler

member

Activity: 212

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Amazix

Quote from: solid12345 on April 28, 2015, 10:29:14 AM

I think BCX owes Balduro an apology, the man delivered on his word to burn the premine

https://chainz.cryptoid.info/aur/address.dws?381028.htm

http://www.reddit.com/r/auroracoin/comments/33iogi/aurburnaurburnaurburnaurburn7es4rs_balduro_a_man/cqmea0y

He burned the remaining premine after getting caught laundering it. Likely he still holds 70%+ of the coin. The evidence here in the thread shows he laundered millions of coins to himself. Again: he burned the remaining premine, not the premine that was already distributed (mainly to himself).
The adresses shown here in the thread almost all still contain coins which most likely are under his control.
Nothing was burned besides the undistributed premine. Doesn't change the fact that he for almost a year mainly claimed the premine himself trying to give the impression it was the people of iceland.

solid12345

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Activity: 1246

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I think BCX owes Balduro an apology, the man delivered on his word to burn the premine

https://chainz.cryptoid.info/aur/address.dws?381028.htm

http://www.reddit.com/r/auroracoin/comments/33iogi/aurburnaurburnaurburnaurburn7es4rs_balduro_a_man/cqmea0y

forlackofabettername

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bump for the aurora pump Wink

SBOSS

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Start your Own Cryptocurrency Exchange

For a moment I thought somebody had bumped a thread from March / April but this was created in November? Huh

BitcoinEXpress

legendary

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Every single indicator of a scam that is now beyond any deniability was readily apparent upon launch.

The first clue was the refusal of Balduro and the AUR Dev Team to allow any third party monitoring or control over the premine. The claim was "no one could be trusted with that large of a sum of coins". He refused even after several people offered to prove well established real life identities backed by years of real life trust to oversee the premine and airdrop.

The second huge red flag was unwillingness to publicly identify himself or any member of his team. His claims that Iceland Government would have him killed.

The third major red flag was that the "Airdrop" itself was a "Logistics Impossibility"

There were many other huge redflags ignored by the hysteria of $95.00 Auroracoins.

The truth of the matter is,

Auroracoin was not the first and definitely will not be the last scam pulled on the masses via altcoins.

~BCX~

a fool and his money ...

full member

Activity: 616

Merit: 103

the auroracoin website from which people claim the airdrop did expire and could not be reached. Nobody should have been able to claim coins while the website was down.
But the airdrop did still continue regardless and could be observed on the blockexplorer.

So what more prove is needed?

Atomicat

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Quote from: solid12345 on November 30, 2014, 02:47:59 PM

Quote from: Atomicat on November 30, 2014, 01:47:50 PM

Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.

GES is a real company with a history older than Bitcoin itself, the dev paid thousands of dollars out of his own pocket to fly supporters to Hong Kong, how this can compare to an anonymous dev with an enormous premine is beyond me.

"how this can compare to an anonymous dev with an enormous premine is beyond me. "

I agree.

sl@ppy

member

Activity: 65

Merit: 10

Being how this industry is only a few years old, people need to calm down. Pick and choose. Any new currency is at the mercy of those who prey. As a US citizen, I understand that my government, just like most strong governments, tries to ruin the currency of our enemies. 'Scams' and whatnot are all part of the deal

solid12345

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Quote from: Atomicat on November 30, 2014, 01:47:50 PM

Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.

GES is a real company with a history older than Bitcoin itself, the dev paid thousands of dollars out of his own pocket to fly supporters to Hong Kong, how this can compare to an anonymous dev with an enormous premine is beyond me.

forlackofabettername

full member

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this received couple of airdrops today:
ALTDfdRoDeAcczUgkG7cbpFZkHN74VfE3d

sends it on to AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2

i think i have not seen a single legitimate claim of an airdrop today. Everything goes to the same 10 to 15 adresses of which 13 send on to the other two.

all airdrops of today more or less are linked to

AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2

and

AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g

the wallets receiving premine today and not linked to these two adresses yet, will be linked to them within 72 hours.

these two adresses claim airdrops and receive same time airdrops from other adresses which claim on the same blocks even. So pretty much every claim of an airdrop you saw yesterday and today (and will keep seeing) will end up in one of the two adresses above.

Auroracoin airdrop is predictable. This is a huge bust.

the two adresses shown above link even to each other:

txid:
26b7626bbbbdcee4d60af6d5521bd4bfc4778c8dc708ea4e151d1baab525bbf0

https://chainz.cryptoid.info/aur/tx.dws?308535.htm

Atomicat

legendary

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Quote from: gustav on November 29, 2014, 07:16:47 PM

Quote from: ?? on ??

Please it's not like I didn't tell people *EXACTLY* this 9 months ago when it launched.

~BCX~

Auroracoin is a scam and here is why March 08, 2014

https://bitcointalksearch.org/topic/delete-545475

Auroracoin Scam March 29th

https://bitcointalksearch.org/topic/m.5955259

hehe. BCX knew it back then.

I knew it fifteen minutes from when I started looking into it, the week it was announced. Fifteen minutes to contact an acquaintance in Iceland. "Any merchants been contacted? Heard anything?" "Nope!" "*sigh*" Done back-asswards for a reason, why? Why the hurry? Why the strict adherence to unreasonable deadlines?? Why not wait, sus things out, TALK TO THE LOCALS, and Get It Right!!!

Auroracoin = Springtime for Hitler
Built to fail

Now... I hope all this isn't lost on you Urocoin disciples.

In chaos lies opportunity.

sofu

legendary

Activity: 1890

Merit: 1085

Degenerate Crypto Gambler

Ah lol aurora is still here. I found an old pm I got im march on btc-e Grin

I guess it was to be clear for an half year ago that aurora is a scam

Penny Pincher XPP

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That what happens when devs don't have a Board to monitor their every move.

Sad just sad!

forlackofabettername

full member

Activity: 150

Merit: 100

ongoing documentation:

this adress is particular active today. It is receiving now all the premine that was collected the last days to these other smaller adresses:

https://chainz.cryptoid.info/aur/address.dws?AYEkRf9fNbLVkCTjHBpKHZD1X578TaYK6g.htm

collected coins from airdrops to this one adress since yesterday: 20.000 (in 24h)

this adress is linked to it and shows activity too:
https://chainz.cryptoid.info/aur/address.dws?AXuwBHwM44NZ2cuYqB3a3hWk8XVC4zo4n2.htm

gustav

hero member

Activity: 602

Merit: 500

Quote from: ?? on ??

Please it's not like I didn't tell people *EXACTLY* this 9 months ago when it launched.

~BCX~

Auroracoin is a scam and here is why March 08, 2014

https://bitcointalksearch.org/topic/delete-545475

Auroracoin Scam March 29th

https://bitcointalksearch.org/topic/m.5955259

hehe. BCX knew it back then.

gustav

hero member

Activity: 602

Merit: 500

Quote from: rokkyroad on November 29, 2014, 06:45:03 PM

I've weaned myself off trading altcoins. The old ones have lost value and the new ones have a week of glory then die. A good coin today can be killed off tomorrow by Fud or scam. Its just too risky now. By the looks of the markets others must feel the same.

have to say i am still trading alts profitable but i also care a great deal about a clean coin (no scam, premine, malware or anything ugly)
This is very risky investing and the new coins fail 90%
The old coin that are proven not a scam need more support now.

About Aurora:
could have been a nice coin but the greed and scammery killed it.

Most of coins fail because of the greed of the creator. It is actually 96% of cases the greed of the creator that kills the coin or makes it deadborn. The other 4% of fails is technical reasons.

When buying coins you need to be very paranoid to protect you. Around here: always assume the worst and expect only greed and lies from people.
The clowns at aurora thread asking people to trust them Balduro would be not cheating in the airdrop are pretty shady too.

He said "i know this is hard to accept but you would have to trust us" LMAO

all i see at auroracoin is scammers protecting scammers
that shit is very commen around here.

Topic: Auroracoin incredible scam exposed - page 2. (Read 6776 times)