Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland

It has taken a few days for investors to realize that they need to dump their AUR now to avoid the crash when the supply quickly inflates by 100x starting on March 25th.

We know excatly what is going to the supply, but we really don't know what happens to the demand..

It is very unlikely that demand will increase by 100x to combat the 100x increase in supply.

Icelanders will catch word of the free ~$500 and immediately go to cash out as the price drops.

Wy not? The userbase is also over 100x after airdrop?

All the new "users" will be selling to get their free money before their neighbor is able to sell and get their free money. It will be an epic selloff the likes of which crypto has never seen.

That really is one possible scenarion, but you seem to be quite sure about what is going to happen. Are you from Iceland and have you experienced the same what they have? (Edit: I must admit that I would be quite sure about that also, *if* this coin were announced in the US or most of the word.)