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AURORA - MONEY!!!! - Page 9

post #81 of 103
AUR hit 0.1 BTC at Cryptsy!

The coin is twice as difficult to mine as Litecoin, but it is almost five times the price. So there's some food for thought.
post #82 of 103
Quote:
Originally Posted by ccRicers View Post

AUR hit 0.1 BTC at Cryptsy!

The coin is twice as difficult to mine as Litecoin, but it is almost five times the price. So there's some food for thought.

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post #83 of 103
Wolong doing his work. Be wary of the dump thats going to come. Not if but when and how far out.
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post #84 of 103
This link was posted in the main crypto thread, along with a chat log snippet. Look at post #4572

https://bitcointalk.org/index.php?topic=469640.4560

There is definitely some pumping going on, and there may or may not be another one coming. It looks like the 0.15 spike at Cryptsy was an attempt to reach 0.2.
post #85 of 103
Quote:
Originally Posted by ccRicers View Post

This link was posted in the main crypto thread, along with a chat log snippet. Look at post #4572

https://bitcointalk.org/index.php?topic=469640.4560

There is definitely some pumping going on, and there may or may not be another one coming. It looks like the 0.15 spike at Cryptsy was an attempt to reach 0.2.

Globalcoin is already up 93% and I suspect this post has something to do with it.
 
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post #86 of 103
Good idea, but sadly the people of Iceland (300k population) are going to be VERY suspicious of taking virtual handouts from a stranger. They are STILL recovering from a devasting crash in 2008. But .. let's assume everyone decided it was a good idea - they still don't have any way of actually using the coin. So like most coins created this year it's bound to fail adoption. Pump and dump for sure, but I'd love to see something actually used - MEOW is at least trying.
post #87 of 103
Quote:
Originally Posted by MapRef41N93W View Post

Globalcoin is already up 93% and I suspect this post has something to do with it.

Yeah, I heard about it and wish I bought in early today. I was thinking it would be a pump to be done a few days later.
post #88 of 103
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AUR is very high risk right now, I really can't see it sustaining itself like this for much longer just being driven by greed with so many trying to jump on the gravy train
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post #89 of 103
If these pre-mine coins are to be given out it would be best to do them in separate waves rather than all at once. Right now there are only about 100,000 of the non pre-mined coins and adding 11 million to circulation overnight will make the scarcity (and value) drop a lot. If the devs think this through, the coins would be given out more slowly.
post #90 of 103
Quote:
Originally Posted by ccRicers View Post

If these pre-mine coins are to be given out it would be best to do them in separate waves rather than all at once. Right now there are only about 100,000 of the non pre-mined coins and adding 11 million to circulation overnight will make the scarcity (and value) drop a lot. If the devs think this through, the coins would be given out more slowly.

I'm pretty sure it says on the main site that it's supposed to happen over the course of a year. It really sounds like this has been well planned.
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