congrats on adding a citation to the site showing the premined coins included in the market cap.
just noticed now..
i just hope it will be a feature used right away for new coins later though..
AUR reaped HUGE rewards from getting listed on your site top 10 with a fake market cap helping to propel its value to $15 a coin.
so it would have been good to have notice of this when it was added not ages after it's been dumped on and essentially forgotten.
traders need honest and accurate info to base trades on and
isn't that the whole point of your site after all ?a guy was selling information about AUR BEFORE it went on YOUR site and exchanges.
and that leads me to wonder where did this guy get his ohh so certain advance info ? lol
fishy to say the least.. if he was guessing then we can only conclude he noticed a PATTERN..
and a pattern would exist why ? hmm ?
here is the topic where he was selling a TIP on AUR that hinged entirely on this guy knowing you were going to do what you did lol
Selling an investment tip - escrow possible. By BohemianStalker on February 22, 2014, 03:16:29 PM
and here is the PM i got here at the forum (for free) from that TIP topic where he told me what was going on..
(No subject)
« Sent to: Spoetnik on: February 23, 2014, 01:52:58 AM »
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Here we go: ,-)
Project AURORA
http://www.auroracoin.org/A new cryptocurrency - AURORACOIn is soon to be added in coinmarketcap. You can check that in
https://bitcointalksearch.org/topic/coinmarketcapcom-market-cap-rankings-of-all-cryptocurrencies-199685One AUR costs 0.08BTC - that is ATM.
https://www.cryptorush.in/index.php?p=trading&m=AUR&b=BTCor
https://poloniex.com/exchange/btc_aurThe price on coinmarket cap equals to
total coins mined x price of one coin. 60 000 mined auras thus represents 450BTC. However
coinmarket works with whole value that is 10560000coins. If this is true - and it has
always been so in coinmarketcap - the price of auroracoin will be 84480BTC. Catapulting AUR into
top 10 coins. Precisely top 7th coin. People will panick what to do, and somehow I dont
think they will sell their coins when they see theit coin is now top 7th coin.
More facts:
Well Aurora coin is 50% premined to distribute between Icelandic people.
And the incentive to get a coin surely does rise or fall on a fact how much aur is worth.
With the current price it would mean every Icelander could get 158,4USD for free(every should get 33AUR). Seeing that
I cannot imagine them not taking the offer - which in turn will mean price will go even higher,
because people will have incentive to trade it for goods.
also check the difficulty:
http://auroraexplorer.atorox.net/chain/AuroraCoin?count=2016&hi=2930some people smell the currency will go up, but they dont know why. They just see it getting
more expensive so they mine more...
Risks:
Coinmarketcap will add only mined part to the equation - which havent ever happened due to my knowledge - feel free to correct me.
Iceland will ban AURORA - however Icelanders stood up twice inrecent years against goverment and politicians - see Icelandidc revolution for more info. Even in this case AUR could still become succes.
and honestly i just didn't feel comfortable investing in a coin with a
50% premine..
would others looking at the new coin that showed up and overtook 90% of other coins felt the same way had they known all the info from the beginning ?
most people probably went to your site and seen it rocket to the top 5 and thought OMG i gotta get into this coin.
Bad idea it was a 50% premined scammy gimmick clone coin that went bad lol
i could have made money but i couldn't get THAT scammy lol
and honestly i really wasn't too tempted either.. i will never support 50%+ premined scam coins.
lol unreal that coin went to $14.50 on Cryptsy one day i checked after having it listed on Coinmarketcap then the exchange hahhaha
i feel sorry for people who seen the market cap listing and was buying them at $15 a coin each, because what are they worth now ?
i know i know.. who cares right ? ..screw em ...Lambo's blah blah
Offtopic:
We should be LOOKING for opportunities to have some class and integrity in this scene and not have to be nagged for months to have some..
Do i really need to tell people NOT to be a scumbag ?
It would appear so, yes
I expect better from people i guess i shouldn't..