Author

Topic: Btc/Aur connection? (Read 1239 times)

hero member
Activity: 770
Merit: 500
March 10, 2014, 05:06:57 AM
#11
Aur is a premine scam , there is no connection to bitcoin .

Then how is BTC not a premine scam?   Cheesy

cause 50% of bitcoin wasn't mined before it's release.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 10, 2014, 02:09:26 AM
#10
Aur is a premine scam , there is no connection to bitcoin .

Then how is BTC not a premine scam?   Cheesy
hero member
Activity: 770
Merit: 500
March 10, 2014, 01:57:07 AM
#9
Aur is a premine scam , there is no connection to bitcoin .
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 10, 2014, 01:43:41 AM
#8
....alts would go down when Bitcoin would rally and vice verse.

alt/BTC (not usd) would often go down when Bitcoin would rally and vice verse
^^^
Yes there was a huge change in Dec.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
March 09, 2014, 11:50:18 PM
#7
That's shit, it was much more fun before December alts rally when alts would go down when Bitcoin would rally and vice verse. I couldn't care less about Bitcoin price at those times, I'd hedge with alts and be much better than trading btc vs usd.
legendary
Activity: 896
Merit: 1000
March 09, 2014, 11:02:06 PM
#6
i was in it for a few days. some serious manipulation going on by people who bought large amounts dirt cheap at the start. dunno about the btc connection. seems to me there is a lot of infrastructure disorganization, the whole airdrop thing is not really figured out yet, merchants are not on board, etc.   a bit sad because i think it is an interesting experiment.

Like most of the Alt-coins. Impossible to read charts because it isn't really market action that is going on, just plain old whale manipulation.

I to like the concept of Aurora coin and Meza coin also.....but this is the world of pump n dump alt-coins we are talking about. Noble causes mean shit in this world, its all just pump em high and crash em low.
Yeah that's pretty much how the whole flow of things keep being and will most likely continue to be.

That said, there has been some links with the increase in price of BTC with significant increases of volume (in BTC) with altcoins before. It's kinda like that relation between altcoins and BTC market caps. When BTC market cap goes down a substantial amount, so does the BTC exchange rate of altcoins. The contrapositive in this case isn't necessarily true, but a lot of the time, there is a strong link.
hero member
Activity: 840
Merit: 1000
March 09, 2014, 11:40:00 AM
#5
i was in it for a few days. some serious manipulation going on by people who bought large amounts dirt cheap at the start. dunno about the btc connection. seems to me there is a lot of infrastructure disorganization, the whole airdrop thing is not really figured out yet, merchants are not on board, etc.   a bit sad because i think it is an interesting experiment.

Like most of the Alt-coins. Impossible to read charts because it isn't really market action that is going on, just plain old whale manipulation.

I to like the concept of Aurora coin and Meza coin also.....but this is the world of pump n dump alt-coins we are talking about. Noble causes mean shit in this world, its all just pump em high and crash em low.
sr. member
Activity: 378
Merit: 250
March 09, 2014, 11:17:38 AM
#4
i was in it for a few days. some serious manipulation going on by people who bought large amounts dirt cheap at the start. dunno about the btc connection. seems to me there is a lot of infrastructure disorganization, the whole airdrop thing is not really figured out yet, merchants are not on board, etc.   a bit sad because i think it is an interesting experiment.
legendary
Activity: 1414
Merit: 1000
March 09, 2014, 11:15:49 AM
#3
My theory is there's an OP/Aur connection.



I'm not even into Aur just observing. Nice theory though, keep 'em coming.  Roll Eyes
member
Activity: 84
Merit: 10
March 09, 2014, 11:07:01 AM
#2
My theory is there's an OP/Aur connection.


legendary
Activity: 1414
Merit: 1000
March 09, 2014, 10:54:14 AM
#1
Have a theory, last Monday the btc price spiked out of nowhere as we all know. The same day Auroracoin trade volume was bonkers, sending the coin over triple it's value that day. This morning, btc shot up $25 out of nowhere again, corresponding to a current Aurora pump. Just wondering if at least part of these btc increases could be explained by people buying btc so they can buy Auroracoin.
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