Quote from: AngryDwarf on May 07, 2016, 08:54:46 AM

Quote from: TheSignsGuy on May 06, 2016, 10:35:07 PM

Quote from: dinobotta on May 06, 2016, 09:16:14 PM

Quote from: 208 on May 06, 2016, 05:43:38 PM

Quote from: dinobotta on May 06, 2016, 10:47:19 AM

Quote from: molecular on May 06, 2016, 09:35:22 AM

Quote from: leigh2k14 on May 04, 2016, 09:51:57 PM

Quote from: Skarfur on May 04, 2016, 08:48:30 PM

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.

How do I become a citizen of Iceland? ;-)

Here you go molecular

http://utl.is/index.php/en/icelandic-citizenship

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.

That sounds like a very good way to use AUR and to get more of it circulating in the Icelandic economy.

Probably some other spin offs too, such as a possible increase in tourism and other/additional money spent.

The important thing is to get AUR circulating in the Icelandic economy. If the Icelanders use it, then tourists can use it. Then it can be accepted for exports, and finally might be accepted for imports. High volume on the ISX might not really be the best indicator of AUR being used without exchanging it for ISK.

I agree on that. Take Bitcoin for example, it has decent volume but it's estimated that only about 5% of that volume is caused by real business transactions. The other 95% is just market trading/speculation and a gateway for other cryptocurrencies. So clearly volume is a poor indicator if a currency being used or not.

However a good supply on ISX and a decent volume would be more likely to stabilise the price which is a big factor. It's important that people can safely assume AUR has a certain value in their daily use. While AUR is volatile it creates uncertainty and makes it more difficult to use. So for that reason good volume and supply would help.