Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
rpietila
on 26/05/2014, 15:49:33 UTC
AUR
Even though I was interested in this before the great pump in March (and would have made up to 100x gains if I had bought), now it is in a "following" mode after crashing back. If I moved to Iceland, I would probably start using it. Not an unconditional "sell" though.

Auroracoin bag holder detected.

The only new thing this coin brought to the table is a new method to have a giant premine for devs to sell while still making people think the coin has merit.

That possibility was one reason why I did not buy. The other was that before the coins were available, I calculated that the fair price would be $20-$50 per 1 airdrop. When I had the chance, it was already $30. Who would have thought that it could peak at $3000 per airdrop at a billion USD marketcap?  Huh Needless to say, during the downtrend it has not been interesting.

Is it now public that the devs made money on the premine, or are you speculating?