Post
Topic
Board Announcements (Altcoins)
Re: AURORACOIN - Empowering Financial Freedom
by
AllLivesMatter
on 05/05/2016, 17:20:55 UTC
I'm very interested in your thoughts on the ISX exchange draining the Bittrex action? ISX exchange does ISX->AUR and Bittrex does BTC -> AUR how do you envision such a thing occurring? Also, in a globalized market how does the team expect to have AUR only for Iceland? How will "foreign" AUR be "imported" just for the sake of Iceland?

Getting close to 50% of the daily volume on ISX. http://coinmarketcap.com/currencies/auroracoin/#markets

It's picking up nicely.

I think it will dwarf the volume on bittrex soon.

Don't know. There is place to grow in each market. Ultimately, AUR will flow to iceland, but way to go. In the next months, there will be some challenges, and already great solutions being discussed. One of these challenges is how to get AUR back to iceland ?   There is already a lot of AUR in iceland, but we dont know yet how many will actually hit the market. So foreign aur will somewhat need to be ''imported''.

From then, i guess ISX will drain Bittrex action / lets work toward this !



I would use AUR to get into bitcoin if I was a Icelander, once you have AUR there is no stopping anyone from getting money out the country by exchanging it on bittrex. I think more AUR will leave Iceland then come in. AUR can be used as a gateway to bitcoin which will give it value. Obviously the foundation members must know the laws and not risk having a asshole the size of the grand canyon in prison because they didn't think of this strategy to send money out the country.