Quote from: Wussel on October 11, 2018, 09:18:00 PM

Quote from: MikkiRefur on October 10, 2018, 10:23:26 AM

Quote from: Wussel on October 09, 2018, 07:16:29 PM

Quote from: MikkiRefur on October 03, 2018, 02:28:44 PM

Quote from: hringhorni on September 26, 2018, 10:48:54 AM

So the foundation:

Ditched the Auroracoin brand
Sold the vast majority its Auroracoins
Repurposed the proceeds to fund things not directly related to the coin

Let's face it. You guys abandoned the project.

To be clear we have not abandoned the project. If anyone has abandoned the project it would be the Icelanders that claimed their coins in 2014 and either sold the coins or have simply waited for other people to get involved without personally getting involved or contributing in any significant manner.

1. The Auroracoin brand has clearly not been ditched. Whatever that means.

2. Yes, 80% of the Auroracoin holdings were sold to fund the Icelandic Blockchain Foundation, of which Auroracoin is a significant interest. Aside from the CEO salary, none of the proceeds (ever) went to individuals or team members.

3. Yes, as explained the funds were repurposed but it is not accurate to say these uses are not directly related to the coin.

This decision to found the Icelandic Blockchain Foundation, maintaining Auroracoin as a primary working group within the Foundation ,
has done wonders for the legitimacy and objectivity within and without the foundation. Especially in developer and legislative circles.

While your comments are well-founded and welcome they do not represent the reality of the situation.

If you would like to participate we would welcome your contributions.

Michael Hannes

1: The CEO doesn't need to be paid, at least not with funds obtained by literally selling Auroracoin. If he believes in crypto and especially in Auroracoin he could have bought it himself from his own money. We all know this is bullshit.

2: The reality is, is that Auroracoin is going to be delisted from Bittrex. So you are NOT expanding but shrinking.

3: Show us where the money went from the 80% that has been sold. Show the receipts, bank statements or some kind of evidence where the money went. These are all very very easy answers you are giving. Zero evidence that the money is being used to create positive growth for AUR.

Furthermore, you are talking about meetups with a 100 people. Do you have any proof of that? Do you have photos or smth that proofs that there weren't 10 people at the Oct 11th meetup?

In short, the replies you gave us are filled with hopefull statements but that's it...just statements. I see no proof that what you wrote is actually true on the contrary the fact that AUR is going to be delisted from Bittrex is counterproof of your positive statements.

Normally I would accept proof like "project progression", but there isn't any progression with AUR so you have to provide something else.

Regards

1. Stating that the full-time CEO of a national blockchain advocacy group does not need to be paid implies that you are basing your opinions on some subjective utopian reality where people's time and effort does not require compensation. Not sure what you mean about him being able to buy his own coins as that is not related to salary.

2. Yes Bittrex is delisting AUR and that is unfortunate, however it does not change our efforts in regards to auroracoin.

3. Why do you feel that you are owed these receipts and evidence of how the coins were used ? This sounds like you have a warped sense of entitlement. What have you done to warrant such inclusion within the project and foundations decisions? What have you contributed if I may ask ? How have you asked to be involved ?

Doing a simple google search for "Icelandic Blockchain Foundation" will give you an idea of how the funds have been started to put into use.

It has been clearly stated that the decision was made to form the IBF to bolster the blockchain community in general in Iceland and that the IBF would have more ability as a neutral organization to make that happen. This has attracted many more individuals to the community in general and in turn has given auroracoin exposure as well.

This was all done under strict by-laws and voting protocol conducted in an official meeting earlier this year. That's just the way it is. Everyone has their own opinions about how things could go or should go - but it is a fact of nature that things do not always go the way that you wished it would.

So you can FUD and complain all you want but it does not contribute to a constructive conversation.

michael hannes

1: How much does the CEO get paid per month?

2: You could have avoided that. Why don't they delist Bitcoin Cash? Because the effort put in the coin by Roger Ver alone is much more than what you guys all together have achieved so far. Besides the fact that Bitcoin Cash is in demand, the biggest holders hold onto their coins instead of selling them in the market. In fact, we all know Roger Ver bought more BCH to grow his holding. I am just using this as an example.

3: As an investor in AUR I think it is a minimum to come up with images, facts and proof instead of storytelling. So far all we could see is that a huge exchange is delisting AUR, some websites that even I can make and some nice story.
Yes, I'm aware is wasn't Oct. 11th yet so this is/was a good opportunity for you guys to collect proof.

4: You talk about bolster the blockchain community, sorry to say but the price clearly doesn't show that.
Selling the coins because it was conducted in an official meeting is just an excuse. I'm not the only one that is dissapointed about the decission of IBF but many more who have put their faith, money and trust in AUR.

This is not about FUD, but about facts.

Regards

Wussel, please come and join IBF and work with us. You are welcome to join the Auroracoin subgroup of IBF, the only coin specific subgroup of IBF. The task is the same as before... get Auroracoin accepted everywhere in Iceland. Help us instead of hiding behind a username here on Bitcointalk and just spread FUD