Actually, it will be very easy:


Quote

Mr Odinsson said the project was possible thanks to an earlier government initiative that assigned a national ID number to every citizen. The ID numbers can be queried via a public database that would help the Auroracoin project to verify that people are getting only their fair share of coins.

http://www.bbc.com/news/technology-26083733

AUR is slow
premined

and its a scam in the end aka icelanders wont get it.

price is great but thats due to you sheeps and believing in fake stuff.

Don't forget that their will be a corresponding spike in Bitcoin sales as they can only cash out their Aurora coins to BTC currently. In order to get $$ they have to then sell their BTC on an exchange. Not saying that all of them will but there will be a trickle down effect. Something to think about.

At the current exchange rate (0.1 BTC) that would equal 1 MILLION BTC if all 10 million Auroracoins are exchanged for BTC and then cashed out. Imagine if you can what this will do to the price of BTC. It will go into freefall as there are not enough buyers in the market to absorb that many sales.

As I don't want to see this poorly thought-out and designed promotion crash Bitcoin, I seriously hope the exchange rate tanks to a miniscule amount before the airdrop. And why the fuck do the people of Iceland get to be handed for free thousands of dollars in crypto coins each that if all cashed out quickly could seriously damage the exchange markets for all cryptocurrencies? Not hating on any Icelanders at all. I just seriously doubt that they give a rats ass about the health of Bitcoin or any other coin and just want the $$. Aurora coin is useless to them otherwise at the moment. They can't buy anything with it and most will likely fear the government will quickly ban it and will want to get what they can before that happens.

Hopefully I am not the only one who actually thinks this whole thing through to likely conclusion. Go ahead and tell me otherwise. I am sure I will hear from someone that this isn't true and I don't understand economics or free markets or some bullshit. I will tell you what I damn sure understand and that is human greed and how it can totally blind someone to the real facts and potential outcomes of their actions.

signed up

I am gonna chime in hear has someone who was here on day one (who admittedly checked out after two days, or I would be fucking rich now). I had my doubts at first but concluded that AUR itself is not a "pump and dump" scheme. However, it appears to be in a period of manipulation, possibly by the like of Wolong. This is not a surprise. The developer of this coin has clearly expressed concern over this and I can tell you as evidenced by the fact that no one took notice of this coin for weeks, the dev has made it clear that he wanted no part in the placement of this coin on an exchange, probably for the very fact of what is occurring now. I will profit of my handful of AUR but must say I would trade it in a second to see this experiment succeed (whatever level that may be). Please, before you scream in this forum that this is a scam, do a little research with your mouse pointer and develop an opinion that is not blinded by your incredulity of "missing the train." I can assure you no one could have imagined that this coin would get this pumped 3 weeks before the drop. I could say more on the topic, but I think people should actually use this little thing we call a forum to search the progression of this coin before calling foul.

You make a good point about the morals of creating an expensive giveaway....

However your wrong on both counts.. its all open source and its a good idea.. even if 1% of population keeps their coins its a win for auroracoin and economy.. It will probably be more likely 10% to 20% hodling since price is so high and greed kicks in... its a great way to create loyal followers to create community...

Why do we have faucets?

whoa.. released a month ago
Difficulty    6,834.70575879

Wow I just did it and it took 30 seconds

That is a valid point. Thank you for correcting me. I want to make sure everyone here understands what you are saying. What you have just said is that basically the first maybe 100 Icelanders to try to completely cash out their 31 odd coins would completely deplete the buy support for Aurora coin on pretty much every exchange that currently offers Aurora coin. This would bring the price to almost nothing.

But I thought the market cap was 100's of millions of dollars? I thought we were giving every Icelander $1000's for free? I thought that we were going to overtake BTC? Does anyone still see a way that this is going to end well? Sure there will be some publicity around cryptocurrencies and the well intended plan to help Icelanders. I can only see the bottom falling out in one way or another. Of course maybe a big whale will come and save everyone.