Quote from: baldur odinson on May 04, 2015, 05:42:41 PM

Quote from: buyanycoin on May 02, 2015, 08:17:22 PM

QUOTE:

"My name is Pétur Árnason and I'm one of the founders of the Auroracoin foundation and am a part of the new dev team.

I want to state this now so we are all clear on this.

We are not trying to hype the coin nor get any of you here to buy the coin. We are taking over this project because we believe in it's potential here in Iceland and we will be working towards that goal not to get a few traders on BCT to buy a few coins. So I think I can't make it more plan than this. Do not buy the coin if you are not from Iceland. If you are however and you have your doubt's then you can send me a PM here or at auroraspjall.is and I would be more than willing to meet you face to face to discuss what we are doing here and why.

If you are however interested in this project and it's potential, then feel free to join us in this experiment and help us get this coin adopted by the Icelandic public. We are a determined group that fully understand that this project will take some years of dedication before it can be called a success and all of us are ready to take on that work.

If you are asking why then it's because of Auroracoins huge distribution in Iceland. I think most here don't realise what that means. This coin has more chance of getting public adoption in the next years than any coin around, including Bitcoin. That is for two reasons and for those who are interested, I'll explain.

First is Iceland.
Iceland has all the perfect conditions to adopt a cryptocurrency.
We had a crash here in 2008 that is the result of the flawed monetary system we have today and people here are unhappy with this system and are still angry at the system.
People here know that the króna is a zombie currency that has been inflated many times beyond it's capacity and they know it will fail again.
Iceland has capital control in place which greatly limits the foreign currency that the public can get.
We have a very high rate of technology adoption in Iceland and one of the highest Internet usage per capita in the world.

The second being the success of the first airdrop stage.
There were claims for over 10% of the nation and there are still over 20.000 of these that are still holding their original claims. No matter how you put it the exposure Auroracoin got in Iceland at that time is unparallelled anywhere in the world. In no other country in the world does as high percentage of the public been exposed to a cryptocurrency and nowhere else do more people own a cryptocurrency. The amount of claims does not even come close to showing the the amount of exposure the coin got here at this time. This is what makes Auroracoin special and is far more valuable than any market cap can tell you.

What this all means is that Iceland is the perfect environment to get people to adopt a cryptocurrency. If we succeed in that all of the crypto community will benefit from it as Auroracoin would hit all the possible obstacles on the way, be it social, legal or technical. It would demonstrate all the benefits and disadvantage of cryptocurrency adoption which other coins can learn from. Auroracoins adoption in Iceland would be a small scale simulation of how adoption would likely play out in larger economy's and it would benefit our crypto community as a whole.

This is why we dedicate ourselves to this project. Our goal is general adoption of cryptocurrencies in general, not just Auroracoins.

So just to be clear on this. If you are not from Iceland, do not buy the coin. There is a plethora of other coins out there much better for general trading."

I love this.

May I challenge you on this sir

1. The foundation is 75% non icelandic
2. Foreign investors only create more incentive for Icelanders to usE it, not dump it
3. You have no proof that most of the coin is distributed to foreigners
4. Most of The coin is most likely distributed to Icelanders.
5. If you won't hype the coin then I will: aurora is the god of dawn and " opens the gates" for Apollo. Auroracoin will open the gates to a new dawn for the world!

1. The foundation is 100% Icelandic. Are you confusing the foundation with the dev team?

2. Is this related to the statement that you should not buy the coin if you are not Icelandic?
If so then no offence meant. I just waned to make it clear that we are not here to try to hype the coin for a quick gain for ourselves like some are claiming. If you want to invest in the coin go for it, it will most definitely help strengthen the coin but just be clear on the fact that nobody here is trying to trick you into investing in the coin nor promising you any profits.

3. I have never stated anywhere that most of the coin is distributed to foreigners. Actually I believe the opposite, though some foreigners might hold some large bags. If Auroracoin gets good adoption in Iceland and the price gets right, those coins will find their way back to Iceland one way or another and so what if those bagholders made some profits on it. Good for them. That doesn't mean that the Icelanders who will buy these coins from them are loosing something.

4. Like I just stated above.

5. I'm not sure how to respond to this but I'll try. Promoting something and hyping it is not the same thing. Promoting something is raising awareness on a particular thing but hyping is to get people over excited for something. So like I said, we will not be hyping the coin as that involves getting people so excited that they take a decision without clear thinking or full disclosure of facts behind the decision they are making but we will promote it to the public of Iceland. Both benefits and disadvantages will be made clear for people so they can take an educated decision to use it or not.

Does that answer your questions?
If not or you have any others then just shoot away and I'll do my best to answer.