Bitcoin - page 3. | Bitcointalksearch.org

MyFarm

hero member

Activity: 854

Merit: 1000

Quote from: Predseda4D on February 27, 2014, 04:54:47 PM

Do you all know that buying bitcoin or another crypto is illegal in Iceland now? Wink

Good thing we'll be giving them Auroracoin for free

Quote from: Predseda4D on February 27, 2014, 04:06:18 PM

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?

Quote from: TotalPanda on February 27, 2014, 04:13:39 PM

kennitala

Code:

http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas Roll Eyes

Quote from: Predseda4D on February 27, 2014, 04:06:18 PM

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily. Shocked

Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?

Probably the same general reason we don't know the true identity of the person behind Bitcoin. When you're messing with the status quo, sometimes it is best to keep your identity secret. I know I would if I was behind Bitcoin or Auroracoin.

As for the ID fraud, I'm not sure and that is a valid question.

TotalPanda

legendary

Activity: 1946

Merit: 1012

vertex output parameter not completely initialized

http://dealbook.nytimes.com/2013/12/21/into-the-bitcoin-mines/

http://www.youtube.com/watch?v=DDexDNn6vSM

heskey

sr. member

Activity: 406

Merit: 250

Quote from: Predseda4D on February 27, 2014, 04:54:47 PM

Quote from: heskey on February 27, 2014, 04:41:59 PM

Quote from: flounderella on February 27, 2014, 04:25:16 PM

Quote from: heskey on February 27, 2014, 04:21:44 PM

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

Then they would basically have to ban bitcoin as well. Why buy bitcoin? Plus, there are good reasons to have faith in Iceland's regime: http://www.youtube.com/watch?v=DDexDNn6vSM

I know he may be anti-bank but why would governments want to lose the ability to control fiat and print baby print?

Auroracoin will probably function in the same way as bitcoin, as an alternative. The interesting part is that the distribution of the coin will be in favor of Iceland, not a small bunch of miners.

Do you all know that buying bitcoin or another crypto is illegal in Iceland now? Wink

Lol, that I did not know. However, with a quick search I found this this:

Due to the capital controls put in place in 2008 to stop money flight on the króna, buying and selling Bitcoin in Iceland, which appears to consider Bitcoin as a foreign currency, is Illegal. The Icelandic Central Bank confirmed "It is prohibited to engage in foreign exchange trading with the electronic currency Bitcoin, according to the Icelandic Foreign Exchange Act.",[19] however commentators suggest bitcoins mined within Iceland could be freely traded.
http://en.wikipedia.org/wiki/Legal_status_of_Bitcoin

If I interpreted that correctly, it should mean that it's OK to make transactions. You give me a beer, I give you 1AUR Grin

This clearly need a deeper investigation.

Predseda4D

full member

Activity: 126

Merit: 100

Quote from: heskey on February 27, 2014, 04:41:59 PM

Quote from: flounderella on February 27, 2014, 04:25:16 PM

Quote from: heskey on February 27, 2014, 04:21:44 PM

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

Then they would basically have to ban bitcoin as well. Why buy bitcoin? Plus, there are good reasons to have faith in Iceland's regime: http://www.youtube.com/watch?v=DDexDNn6vSM

I know he may be anti-bank but why would governments want to lose the ability to control fiat and print baby print?

Auroracoin will probably function in the same way as bitcoin, as an alternative. The interesting part is that the distribution of the coin will be in favor of Iceland, not a small bunch of miners.

Do you all know that buying bitcoin or another crypto is illegal in Iceland now? Wink

Quote from: Predseda4D on February 27, 2014, 04:06:18 PM

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?

Quote from: TotalPanda on February 27, 2014, 04:13:39 PM

kennitala

Code:

http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas Roll Eyes

I know about registry but how they will validate that? How this proccess will be secure against ID fraud?
By "Airdrop blueprint", stage 1 will be 4 months, it is 122 days. So they need verificate 2 623 residents daily. Shocked

Why is dev shaddow man. Domain auroracoin.org is registered to WhoisGuard, Inc. in Panama. Why?

DoomDumas

legendary

Activity: 1002

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Bitcoin

You like this coin ?

Vote here :

http://www.allcrypt.com/beta/voting.php

heskey

sr. member

Activity: 406

Merit: 250

Quote from: flounderella on February 27, 2014, 04:25:16 PM

Quote from: heskey on February 27, 2014, 04:21:44 PM

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

Then they would basically have to ban bitcoin as well. Why buy bitcoin? Plus, there are good reasons to have faith in Iceland's regime: http://www.youtube.com/watch?v=DDexDNn6vSM

I know he may be anti-bank but why would governments want to lose the ability to control fiat and print baby print?

Auroracoin will probably function in the same way as bitcoin, as an alternative. The interesting part is that the distribution of the coin will be in favor of Iceland, not a small bunch of miners.

flounderella

sr. member

Activity: 350

Merit: 250

Bitcoin Evengelist

Quote from: heskey on February 27, 2014, 04:21:44 PM

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

Then they would basically have to ban bitcoin as well. Why buy bitcoin? Plus, there are good reasons to have faith in Iceland's regime: http://www.youtube.com/watch?v=DDexDNn6vSM

I know he may be anti-bank but why would governments want to lose the ability to control fiat and print baby print?

MyFarm

hero member

Activity: 854

Merit: 1000

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

They would be stopping their people from receiving $271 (at current prices) for free. I doubt they'd be in office much longer.

The higher in price Auroracoin goes before the Airdrop, the less likely Icelandic politicians will be able to stop it.

heskey

sr. member

Activity: 406

Merit: 250

Quote from: flounderella on February 27, 2014, 04:19:27 PM

What if the Iceland government bans it?

Then they would basically have to ban bitcoin as well. Why buy bitcoin? Plus, there are good reasons to have faith in Iceland's regime: http://www.youtube.com/watch?v=DDexDNn6vSM

flounderella

sr. member

Activity: 350

Merit: 250

Bitcoin Evengelist

What if the Iceland government bans it?

TotalPanda

legendary

Activity: 1946

Merit: 1012

vertex output parameter not completely initialized

kennitala

Code:

http://www.island.is/english/first-days/kennitala

Dev ==> Baldur Óðinsson [pseudonym] referring to the Icelandic Viking Sagas Roll Eyes

Predseda4D

full member

Activity: 126

Merit: 100

Does anyone know how "Airdrop" will be done? How they will validate their identity?

There are 320 000+ residents. Who will be doing all those verifications? This need really big team. Who will pay them? Who really is dev of this coin?

DoomDumas

legendary

Activity: 1002

Merit: 1000

Bitcoin

Quote from: DanielVG on February 19, 2014, 10:24:43 PM

Iceland is the perfect country for this project.

Indeed... Iceland is great for this ! Hope citizen and business will mass adopt this fast ! This could be a nice example for other countries how we could do trade without the banksters racket !

MyFarm

hero member

Activity: 854

Merit: 1000

Let's say that the critics are correct. Let's say every single Icelandic person accepts the coins and then dumps. What will they dump for? Bitcoin. That means every single person in Iceland will suddenly have some Bitcoin. Every single person in that country will be utilizing cryptocurrency. Do you not understand how huge and exciting that is? And THAT is why everyone should be cheering on Auroracoin whether you think the actual coin has a future or not. This is a VERY exciting event in the history of cryptocurrency.

HinnomTX

hero member

Activity: 525

Merit: 500

Quote from: aggster on February 27, 2014, 12:25:03 PM

Quote from: MyFarm on February 27, 2014, 10:44:50 AM

Quote from: cozk on February 27, 2014, 10:34:27 AM

50% premined..... bitch please...

The 50% premine which is going to the people of Iceland in a fair, efficient manner is what makes this coin so exciting.

i never thought id see the day when i would get exited about a premined coin

LOL same here. Now that it's perched at the top of coinmarketcap, this coin will get the attention it deserves. For now, the liquidity is very low on the two exchanges (only 87k coins available to the public). The price is going to rollercoaster wildly for a while. This could be THE silent launch crypto of 2014, like a submarine crashing through the surface.

aggster

full member

Activity: 214

Merit: 100

Quote from: MyFarm on February 27, 2014, 10:44:50 AM

Quote from: cozk on February 27, 2014, 10:34:27 AM

50% premined..... bitch please...

The 50% premine which is going to the people of Iceland in a fair, efficient manner is what makes this coin so exciting.

i never thought id see the day when i would get exited about a premined coin

Djinou94

legendary

Activity: 1036

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btw it is very good idea
go aurora coin

MyFarm

hero member

Activity: 854

Merit: 1000

Quote from: cozk on February 27, 2014, 10:34:27 AM

50% premined..... bitch please...

The 50% premine which is going to the people of Iceland in a fair, efficient manner is what makes this coin so exciting.

MyFarm

hero member

Activity: 854

Merit: 1000

Quote from: Djinou94 on February 27, 2014, 10:33:50 AM

Quote from: MyFarm on February 27, 2014, 10:30:47 AM

Quote from: Djinou94 on February 27, 2014, 10:29:18 AM

Quote from: molecular on February 23, 2014, 02:56:33 PM

Quote from: HCLivess on February 23, 2014, 08:16:12 AM

I strongly support Auroracoin

I suggest people think before putting in too much of their savings. The rate might very well take a huge hit by airdrop. Maybe the best time to buy in is after the airdropping has started.

airdrop?

The, "Airdrop" is when the people of Iceland will each be given their Auroracoin. It starts in about 25 days which you can read about here: http://auroracoin.org/

oh ok so the price will go down in one month?

That depends on the people of Iceland. If they dump it (which I do not think they will) then yes. If they adopt it like we hope, then the price will go up a LOT.

WutriCoin

full member

Activity: 224

Merit: 100

Quote from: cozk on February 27, 2014, 10:34:27 AM

50% premined..... bitch please...

So hard to read OP?

Topic: Bitcoin - page 3. (Read 8891 times)