Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
tom14cat14
on 06/03/2014, 23:09:05 UTC
I don't understand: with the current diff and the problems with finding blocks, AUR it is hard to mined.
I mean only small qts of AUR are produced daily until the KGW implementation.
Actually the quantity of AUR is more or less the same.
The demand is (was) high, the supply is still low.
Why the price of AUR is still going down ?? Why people are selling bellow the price of yesterday ??
Is the airdrop in progress ? Any movement on "these" AUR wallets ? Why panic  ?


Because it became so over inflated with speculators.

Really? What's the correct price? How do you know? Are you speculating? Stop pretending to have knowledge you don't have.

Settle down there. I am not saying this is guaranteed what it is. I am saying what i believe this is a forum where we all post what we think. I look at the price and see what it did to me that shows this was a bubble caused by speculators. maybe overtime .1 or more is where the value of this coin will be but when you go strait up and strait down to where you started just a few days ago shows a bubble.

The above statement is based on opinion and has not been proven to be true. Markets are volatile trade had your own risk

Thank you. You do understand that, if you traded any coins, you are a speculator, right?

Yes I am. I never said I was not. I do not believe in this coin. It is hard to believe someone premined 10.5 million coins and is going to give it to others out of the kindness of his heart. And if he sticks to this plan I think most people will sell them right away. I am a trader I am not in this coin for long term. I hope it works but coins are a dime a dozen one falls 10 pop up.