Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland
by
ghur
on 27/05/2014, 22:05:11 UTC
To be fair, you would have to look at the value at the beginning of the airdrop, when it was introduced to Icelanders. But the silence from the developers since the Airdrop has been damning. No plans for any integration into Icelandic society that people outside the country can appreciate. I still have Auroracoin - but to be honest, this has been such a disaster that it has done a great deal of damage to the cause of crypto-currencies. This is like the MT Gox of Altcoins, and it's because of coins like this that the market is only getting smaller. Cryptos are supposed to be encouraging transparency but either the devs are keeping silent about real progress or they have no other plans because they have already made their money out of this scam.  

Honestly, you're completely overstating the importance of Auroracoin.

In a giant sea of other shitcoins and scamcoins, Auroracoin is just another water drop.
No damage was done to crypto currency in general.

Bag holders have been warned right from the start this coin wasn't going anywhere.