I am an Icelander. I have been watching all night because I KNEW that there was a HARD FORK coming.
Whether or not there was some hacking, which maybe there was, it seems that the coin is still operating.
Here is the thing, Icelanders have really gotten hit by the 2008 crash. People lost homes and have seen mortgages go UP and principal down (in effect, because mortgages are tied to inflation) and have had some reality biting them in the ass.
But it wasnt their fault, it was the banking system and some bankers that let them down.
That is why there was a 50% pre-mine. To give the coins to Icelanders. Just because they didnt know about protecting block-chains, this was a poor excuse (if true) for a hacker to try to mess up a valid idea, a grand experiment, to try to offer some help to fellow Icelanders.
I am in a friend of a friend connection to the Developer, Baldur, and have had some online discussions with him.
He is as honorable as I can tell, and has no intention of getting rich off of this coin, though obviously he has a financial stake in the coin as it has been his life for over 3 months now.
Now maybe I will get some push-back from some member here, but that is okay.
The human spirit will prevail over evil.... even if that evil is even coming from within the CryptoCommunity.
Auroracoin is not the end-all of what can be done, but here in Iceland it is the beginning for us....
We are continuing to build our trade here in Iceland, and guess what, the coins are trading for 5 x the global exchange rate now.... reminds me of another coin that became the big kid on the block.
We made it through Eyjafjallajökull, and we made it through WWII with more losses per capital than most nations, and we will make it through until the end, which of course will just be the beginning of a thousand years of peace.... when evil-hackers will be long gone and replaced by with hackers who do not hack code for destructive purposes, but will be developers of great ideas.
Pray for those that purposefully try to destroy you.
-MegaHertz