(cross-posting from main thread because I got lead to the topic of price...)
So, you have to live in icland for 7 years and right after that you can start to trade on isx.is!)
You can also just come here in 1-2 years and have money to spend! How about paying for your hotel, flight, and all restaurants in 2 years with Auroracoin.
I think that's the way to go.
It'll be very interesting to see how (if, to what extent) arbitrage will be done. I believe there are probably be mechanisms to circumvent the capital controls and if there's money to be made, it
will be done.
Question is how high will the difference be... one should basically be able to see the cost imposed by capital controls (plus normal fees, of course)...
hmm.
https://beta.isx.is/ redirects to
https://isx.is/. Is the exchange live?
Just checked price. It's around 38 ISK/AUR = 0.31 USD/AUR = 0.00067 BTC/AUR
So the
price on the icelandic exchange is 40% above the bittrex price.so I'm guessing it's rather expensive to sell those ISK for EUR/USD/BTC? Or maybe it's just not enough volume yet to justify ($1000 24h volume on isx)...
Here's a good link posted in the other thread that shows volumes and price on different exchanges:
https://coinmarketcap.com/currencies/auroracoin/#markets