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Topic: The True Value of Auroracoin - page 4. (Read 21152 times)

full member
Activity: 212
Merit: 101
March 04, 2014, 03:03:36 PM
In this thread: Butthurt people that lost the Auroracoin train.

I rode the BITCOIN train.  Not worried about the couple thousand of these in circulation that were mega pumped.  Unless you are a scammer you missed the "train" - are you one of the fraudsters?

No, I early minned. You can still get on the train, the dump will happen like 2 days before the airdrop, most likely is just going to go up until then due hype factor. Thats what logic says.

You would say that as you have coins to shift (not that I blame you though).
sr. member
Activity: 476
Merit: 250
moOo
March 04, 2014, 02:37:49 PM
some retarded people here

some people ignorant of trading.


A. it being illegal and little announcements doesnt make it a scam.

BTC isnt legal or is semi not legal in many places it is traded.

B. yeah he can dump the premine and sure he is suffering from temptation as we speak.

c. nearly anyone with any intelligence at all who got into this, UNDERSTANDS THE FACT OF THE PREMINE.

it isnt some sort of magical discovery that OMG 50%  premine means the actual SUPPLY IS MUCH LARGER.

fucking duh.

same thing with coin halfing.. "OMG THE BLOCK REWARD IS GOING TO HALF NEXT WEEK.. BUT IN WE WILL ALL BE RICH"

no .. the people who know what they are doing, bought in on the idea of the halving months before it happened. You position yourself early in the markets for things that can be predicted way in advance.

If you got into this without understanding the premine, that is your own idiocy.

and mind you there is a reason why a coin with a 50% premine magically got on cryptsy.. people actually want to see this work, because it it does it will have a ripple effect across the entire alt coin markets because this is what we advertise as one of the best reasons to have alt coins, removing some monetary controls from the big banks and governments. Cryptsy hates major premine coins for the same reasons people list.. but they are HOPING this will work out as advertised because this shit is big.

as for the air drop causing the price to drop... its only one pressure.. your assuming the buying pressures dont increase as well. I personally think it will go down because a good bit of the price is due to the pumpers and i do have questions and concerns over the drop.... but i will say again, there is a good reason why this is all over the exchanges right now despite the premine.

sr. member
Activity: 322
Merit: 250
March 04, 2014, 02:17:55 PM
In this thread: Butthurt people that lost the Auroracoin train.

I rode the BITCOIN train.  Not worried about the couple thousand of these in circulation that were mega pumped.  Unless you are a scammer you missed the "train" - are you one of the fraudsters?

No, I early minned. You can still get on the train, the dump will happen like 2 days before the airdrop, most likely is just going to go up until then due hype factor. Thats what logic says.
full member
Activity: 196
Merit: 100
March 04, 2014, 02:13:16 PM
In this thread: Butthurt people that lost the Auroracoin train.

I rode the BITCOIN train.  Not worried about the couple thousand of these in circulation that were mega pumped.  Unless you are a scammer you missed the "train" - are you one of the fraudsters?
full member
Activity: 196
Merit: 100
March 04, 2014, 02:12:13 PM
As kennitala (personal identification) is publicly available in Iceland it will take more than submitting this reference to claim your free coins. I really can't grasp how the developers can achieve this. Are they going to accept any IP address from that region that submits a valid kennitala? If so, I will be booking a flight to Iceland soon and will be rich.

I also wonder this, does anyone know? How does the dev guarantee, using a public database, someone is really who they say they are?

They don't care because it is a SCAM!

MAZA is WORSE!
sr. member
Activity: 322
Merit: 250
March 04, 2014, 02:09:33 PM
In this thread: Butthurt people that lost the Auroracoin train.
full member
Activity: 224
Merit: 100
March 04, 2014, 09:33:21 AM
As kennitala (personal identification) is publicly available in Iceland it will take more than submitting this reference to claim your free coins. I really can't grasp how the developers can achieve this. Are they going to accept any IP address from that region that submits a valid kennitala? If so, I will be booking a flight to Iceland soon and will be rich.

I also wonder this, does anyone know? How does the dev guarantee, using a public database, someone is really who they say they are?
sr. member
Activity: 395
Merit: 250
March 04, 2014, 07:38:03 AM
#99
This is a btc op run by the big btc bagholders to change iceland central bank stance.
Their plan is to give a taste of cryptos to relatively small population of ireland.
And then hope for the best that the icelanders will petition their central bank to change stance.
It has the right number of population and the financial infrastructure to support it.
So i think instead of being skeptical let's hope for the best..that the airdrop is a success.
It will be a very big thing for cryptos if the icelanders actually wake up to cryptos.
Forget 1500$ or 1000$ per citizen, even 50$ free money is huge promotion and enough for skeptics to taste.
Waiting for that reports "Icelanders cash in 1500$ worth of aur crypto currency in local banks"  to show up in cnn or reuters.

full member
Activity: 212
Merit: 101
March 04, 2014, 06:26:59 AM
#98
As kennitala (personal identification) is publicly available in Iceland it will take more than submitting this reference to claim your free coins. I really can't grasp how the developers can achieve this. Are they going to accept any IP address from that region that submits a valid kennitala? If so, I will be booking a flight to Iceland soon and will be rich.
sr. member
Activity: 246
Merit: 250
March 04, 2014, 04:52:57 AM
#97
sr. member
Activity: 308
Merit: 250
March 04, 2014, 04:27:14 AM
#96
Plenty of time till the airdrop. We'll see what happens then.
legendary
Activity: 1274
Merit: 1000
March 04, 2014, 04:17:22 AM
#95
There is a leak of a piece of a chat with wolong and its them pumping the coin, so expect a big dump. I'll check for the log.
Not saying you shouldn't buy aur , i still believe in its initiative. But some info worth seeing.
You guys scared me in selling 2 aur yesterday only to see that aur is more then doubled by now, bastards!

auroracoin


[10:34] are we planning anything?
[10:34] * Joins: Loperian ([email protected])
[10:36] WE ARE BUYING AUR
[10:36] ILL MAKE A WALL AT 750, OBJECTIVE 2000
[10:37] ok
[10:37] BUY SLOWLY
[10:37] CANCEL ALL SELLS
[10:38] !check
[10:39] **** Assembly check initiated by wolong - type !ready if you are ready ***
[10:39] !ready
[10:39] !ready
[10:39] !ready
[10:39] !ready
[10:40] !ready
[10:40] !ready
[10:40] <^^Kilroy> !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] !ready
[10:40] <--vacuun--> !ready
[10:41] !end
[10:41] we will go to at least 2000 at first wave
[10:42] buy small amounts of AUR slowly
[10:42] * Quits: Deadhand ([email protected]) (Quit: )
[10:45] and when we will recover the GLC pump?
[10:47] that week can be the moment, start microbuying glc if you want
[10:47] we can pump to 5000 or more easily
[10:47] nice, i have some stack of glc waiting
[10:48] good! Wink
[10:48] motherfucker! dont dump on us
[10:48] lol ill wait until 5000
[10:48] hahaa we will see..
[10:48] trust me! xD
[10:48] * Joins: cryptoshark ([email protected])
[10:49] you started?
[10:49] cryptoshark: we are doing aur atm and next pump will be glc.. be rdy
[10:49] ok ty
hero member
Activity: 697
Merit: 500
March 04, 2014, 04:15:19 AM
#94
The Price will dump really big time when icelanders get them. Supply and demand, so simple. I dont understand how people miss that, basic economics for god sake.

Google supply curve shift and see what will happen Cheesy
newbie
Activity: 13
Merit: 0
March 04, 2014, 03:43:11 AM
#93
Keep an eye on it
member
Activity: 69
Merit: 10
March 04, 2014, 03:40:33 AM
#92
Someone is giving huge amounts of money to icelanders. Cheesy
full member
Activity: 196
Merit: 100
March 04, 2014, 02:33:37 AM
#91
the electrizity it takes to mine it.
legendary
Activity: 2954
Merit: 1153
March 04, 2014, 02:23:20 AM
#90

AUR is not for the weak. Turn away if you can't look.

I'm staring straight into it's eyes.

AUR is for all wether  weak or strong.. smart people jumps in and jumps out at the right moment..     hope u wont get blinded by it ^^, and the moment this coin drops it's value... i bet you jump out too..  i just hope your smart enough to let go when the value of AUR drops.... ..  strong people are always outplayed by smart one ^^, just my thought..


note:
we have nothing against AUR..  the OP just wanted to remind us about a certain fact.. which is i'm afraid is correct if you apply the principles ...  anyway sad but true, "a wise reminder holds no value in a  mind of a fool"
legendary
Activity: 1386
Merit: 1023
March 04, 2014, 02:06:00 AM
#89

AUR is not for the weak. Turn away if you can't look.

I'm staring straight into it's eyes.
legendary
Activity: 2954
Merit: 1153
March 04, 2014, 12:44:34 AM
#88
^^ OP is right there shouldn't be lots of explanation but as what the first one  tells you people....


               the  LAW OF SUPPLY AND DEMAND.....  just understand that...   and you'll understand what this thread is about..

so for now enjoy the profit before the airdrop ^^


still can't visualize it? 




there to make it clearer
sr. member
Activity: 420
Merit: 263
let's make a deal.
March 03, 2014, 11:55:17 PM
#87
Since I posted yesterday, this coin has gotten even more rediculous.

100,851 is the total that have been mined since launch.

10,600,851 is the total including pre-mine AND mined coins.

10,500,000 is the pre-mine. (99% of total existing coins is pre-mine at this time.)

That's 10,500,000 x $71.51 = $750,855,000 at it's current rate.



The pre-mine alone is now worth more than double that of LTC and it doesn't seem likely to stop anytime soon. I'm calling it right now, this will be the most epic pump & dump in cryptocurrency to date.

I see one of two things eventually happening; either the airdrop happens in which each person from Iceland is given roughly 32 AUR (which is currently valued at $2288) and we'll get roughly 320,000 people dumping their 32 coins and killing AUR in the process, or the dev dumps whatever he can of the 10,500,000 coins he's holding from the pre-mine before the airdrop to get as much out of them and killing the coin in the process as well. Either way, this coin in dead already and people are just trying to ride the wave at the very edge. Some people are going to be left holding bags, but the only person with any potential to hit it rich in this coin is the dev.

One thing that strikes me as odd is holding the pre-mined coins in 21 separate wallet addresses. Is this to meant to buy some time to dump the coins from 1 address (500,000 AUR which is currently valued $35,755,000) while people scramble to check 21 separate addresses to verify if the pre-mine is being dumped? Is there any reason 10,500,000 AUR can't be held in 1 single solitary wallet address?

This is truly epic. I have to say I completely missed this pump and dump.
don't worry; you haven't missed the dump.
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