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Board Archival
Re: delete
by
CryptoKilla
on 07/03/2014, 17:16:34 UTC
The only reason the Aurora dev hasn't dumped his coins is because there is almost zero liquidity as he holds 95% of all AUR in circulation. The supposed $Billion USD market cap was highly inflated by the premine to say the least.

If the dev were truly doing this for the greater good, he would turn over all of the premine to a publicly known and trusted third party. There are several on the forums alone that could and would do it. From what I understand, he won't even consider the idea....which pretty much defines what this coin is.

I read online that an official of Iceland said in response to AUR that if the dev could possibly notify and deliver anything, electronic or physical to every person in Iceland in less than a month that he would be a logistic savant genius and would have an immediate future in Reykjavik. The task of simply notifying the entire population of Iceland and "air dropping" coins in that short time span is near impossible never mind verifying their actual place of residence.


This con is painfully obvious.

1) Build coin
2) Promote fake good will and pump value
3) Use Air Drop as cover to dump premine.
4) Use tens of thousands of pre-deployed "air drop" wallets to launder coins from premine addresses
5) Make several million USD off the bag holders and retire.


If the Aurora coin dev would simply move the entire premine prior to "air drop" into the control of a known publicly trusted escrow, this would changes things across the board. Simply posting the premine addresses does nothing as the laundering will occur during the "air drop".

What say you Baldur the Aurora Coin Developer?


~BCX~











Very interesting thanks!