IF you want the price to go up, buy about 10 BTC of Qora. It will go up, people will notice and jump on.

ah, good point. Will the wallet have a simple sweep function?

You're going to have 2800 + blocks per day. So, after day 1 your mining reward goes to 28,800 coins mined per day.

I like the concept of giving the FINNs a stipend of this with perhaps a goal of making it a national currency. I also like the additional block rewards. I don't love that they are holding coin back. I think with 750 BTC they have plenty of money to pay devs for past and current work and rely on comminty donations for other work an bounties.

But, it is was it is. I treat all cryto coin buys as lottery money. Although, I would rather it fail organically than be a scam. But, the devs seem to be working hard and listening to the community. They didn't have to set a cap, and setting one makes me feel much more comfortable about it.

They planned to run the pre-sale f0r 30-days. So, I doubt their schedule will change. I would say at least mid august as originally planned. But, I'm not on the team.

Right, say you just spent 1 BTC on Crypti and you get 100k or so coins. Are you going to sell them below the price you just paid?

Not really possible. A "wallet" isn't a feature of the block chain. The block chain knows about addresses. A wallet is a collection of private keys to certain addresses.

So, the more correct question is, could the core code prevent 1 address from having more than 51% of the coin.

The answer is, yes, except that wont work. Why?

The wallet is open source. So, someone could modify the code so that their client ignores that condition. Now, you will say, but the network won't allow those transactions. That's correct...however, while the software doesn't allow more than 50% of the coin in a single address, that doesn't stop one PERSON from having multiple addresses that contain more than 50% of the coin.

So, once some one person has more than 50% of the coin, whether in a single address or multiple addresses, they basically control the blockchain.

The whole premise with PoS is that in order to obtain that much coin, you would have to spend a HUGE amount of cash... because as you buy more coin, the price will increase. Now, once you have spent that much money, do you still want to make it all worthless.

The biggest risk to NAUT as a POS at this time is the small coin population. It won't cost as much money to control 50% of the coin as it would for say, NXT which has 1 billion coin tokens.

I hope this explains it without rambiling to much.

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Also, the mintpal issue was NOT a 51% attack. Someone bypasses the MINTPAL API and got into the wallet API and ordered a transaction. That is from what I read what happen, it was not a 51% attack.

Yep, better to do it now will 200 coins are only worth about $.40 US.

decisions decisions.

Yes, you will have to wait for 1440 confirms before moved coins will forge.

I see what you are saying. Sounds like a buying opportunity.

Are you saying that the exchange is closing buy orders above 25 sat when you say "Someone"?

Looking at the order books on bter it wouldn't take much to move the price up to 40 sat, maybe 2-3 btc.

Either that or OTC. Although, I'm not sure if an OTC thread has been started.

That's still a "Web based UI". The NRS is installed and run in the background. You can still, while that wallet is running access it via your browser at port 7876. I also use that wallet for the simplified one click installer, but keep it minimized to the tray. I access it via my browser so I can use LastPass to auto enter my passphrase when needed for transactions.

So, my answer is the same. If you log into it, then it is forging, or will start once you have 1440 confirms and you have an effective
balance.

I hope that answers your question.

I'm not sure I understand your question. the NXT UI has always been browser based.

Or, do you mean some website on the internet where you had previously used your password?

When you log into the NRS, via the browser or the Wesly UI (which is basically just a browser too) your "server" is forging, unless you use the "logout and stop forging" choice.

Don't you wish. I assume you mean 24,000 Sat.

I try to stick with stuff that as you say, isn't a clone or me too.

You have NXT, which is basically the first Gen 2 coin with unique features like aliases, asset exchange, colored coins, digital good store, etc.

Then there is Monero, which seems like the first coin with truly will implemented anonymous features.

There is NAUT which has a wall street investor backing and "selling" it along with a "stabilization fund". NAUT recently sponsored John Fitch a UFC fighter and the community is running a Facebook ad.  Granted, the code is a BTC fork, it is POW right now, but will switch to PoS soon.

Qora, while it has some attributes of NXT, it is new code, has a voting system, an active dev. Although the source has yet to be released or audited.

It's SOP until POS.

Yes, you should be on version 11.

I think it is 5000 - amount left, which right now is 4639. So, 361. OF course, you would have to deduct the sell backs from that, and there's not simple way to do that, and the trade history doesn't go back to the start. So, I'd estimate it's around 300 BTC at this point.