Hashforce101 is a foundation member because he (just like anyone else who wants to be a member) has made a small donation to the Nav Coin Foundation. To be very clear, as much as Hashforce101 is a cheerleader of Nav Coin, he is not part of the development team and is definitely not a market maker (no offence intended Hashforce101). Please don't spend your time worrying over such things, there are much more productive discussions to have. That said, all financial markets have speculators and manipulators, that is unfortunately a persistent part of trading any stocks and can be especially exploited in lower volume markets like cryptocurrencies. Nav Coin has always been a good mid - long term investment for all its investors. All you need to prove it is to look back at our price history. My advice when investing in anything is to try and make investments based on strong fundamentals and long term trends. Trying to get rich over night is the best way to lose all your money, I know from personal experience. They call buying stocks going "long" for a reason, if everyone could get rich over night the terms would be the other way around. All the best, Craig. Can someone explain something to me? I've reading this topic for a long time.
Nav followers and hypers claim that nav is a good coin, different from the others.
But I see a lot of manipulation in the market.
The user known as Hashforce says that he "leaves". The price drops heavily.
He posts "see you again on the 24th nov" (sorry i cannot find the post again, probably he deleted it. why? i noted the date as soon as i read it because i knew it would mean something).
Yesterday, 24th Nov, the prices starts to go up again.
How can I trust this project? I found nav a honest project, away from pumpers and speculation from the devs.
But I'm not sure now.
Can someone throw some light?
Thanks
Yes there is manipulation on the market but every coin has manipulators. Who just pump, to dump with gains. I feel sad for real nav supporters who lost money on the last pump. But this is a generally risk in cryptocurrency. I can just tell you my opinion, that I trust the devs and I believe that NAV goes again over 10k sat. |
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Thanks for the kind words! I believe in Nav Coin and will continue to do everything in my power to help it succeed. The proof of that is in the mountain we have climbed over the last 6 months. And we're only just getting started!  Developers are the treasure of NAVcoin. Craig amazing guy and very focused and professional Shaim very kindly and always pay attention for people in bitcointalk and slack channel I don't know the others, but i can say there is a team, an amazing team. Can someone explain something to me? I've reading this topic for a long time.
Nav followers and hypers claim that nav is a good coin, different from the others.
But I see a lot of manipulation in the market.
The user known as Hashforce says that he "leaves". The price drops heavily.
He posts "see you again on the 24th nov" (sorry i cannot find the post again, probably he deleted it. why? i noted the date as soon as i read it because i knew it would mean something).
Yesterday, 24th Nov, the prices starts to go up again.
How can I trust this project? I found nav a honest project, away from pumpers and speculation from the devs.
But I'm not sure now.
Can someone throw some light?
Thanks
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Thanks for pointing that out, i have contacted their team and requested an update! |
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Hi Team, The merchandise is almost ready to go. I am getting the test print from the printers in the next few days. I've added the pricing for the hats to the store, this means I'm just waiting on the shipping date from the printer and then I will open pre-orders. Current products with prices are: T-Shirt (S,M,L) in Black or White: $21.50 Snapback Cap in Black or White: $14.50 5 Panel Cap in Black: $17.50 Sticker: $1.00 Donation: $1.00 Current shipping methods are: New Zealand$5.00 untracked t-shirt $1.00 untracked stickers (up to 10) Australia$8.00 untracked t-shirt $2.00 untracked stickers (up to 10) US & Europe$12.00 untracked t-shirt $2.20 untracked stickers (up to 10) Rest of World$15.00 untracked t-shirt $2.50 untracked stickers (up to 10) T-shirt shipping price is for 1 t-shirt. It will be approximately $5 extra per t-shirt ordered. I just haven't figured out how to enter that calculation into the e-commerce module. I still need to find out the shipping for the caps, but i would assume it will be about the same or perhaps a little more expensive because they can't be packed flat like a t-shirt. http://store.navcoin.org |
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Thanks for the update, Pakage. Great to see the dedication of the NAV team is still intact. Beyond this delta obfuscation, I would also like to program a feature that continuously sends Navtech Anon transactions through the system to help mask inference during times of low throughput. I am hoping to have these things done by the time we decentralise but decentralisation is the priority and we will continue to release updates after the genie is out of the bottle.
So I guess I got the answer to the question I asked a few weeks ago  . Could it also be helpful to allow a user that prefers anonimity over transaction speed, to indicate this when making the transaction so its transaction can be stored in a queue inside the decentralized anon system waiting for more transactions to arrive and once this queue is full a reshuffle of order happens and then the decentralized anon system starts making all these transactions ? Yep this is possible. There's a bunch of extras like this we can start to build out once we've released decentralisation; random delay, wait for coins to join with, burn a user defined percentage of coins etc.. Lots of interesting possibilities  |
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Hi Nav Coiners, It's time for the weekly update! We are very busy at Nav Coin HQ working on the wallet and anon scripts preparing them for decentralisation. Despite decentralisation being our focus, we have managed to achieve some other pretty cool things this week. We have seen a large amount of attention come from last week’s release of the Decentralisation Whitepaper and the Nav Coin Merchandise Store. Our retweets and mentions are going through the roof. On twitter alone we’ve had almost 2000 interactions reaching nearly half a million people since the 14th of November. Nav Coin Coming to LiteBit
LiteBit offers Euro / Crypto trading pairs and will be Nav Coin’s first addition to a large fiat based exchange. LiteBit has over 25,000 users and also more than 600 merchants using their LitePaid service. As well as the LiteBit exchange, this means NAV will also have its second option for merchant gateway with reconciliation options in BTC and Euro.
Go to LiteBit.eu As soon as I get the launch date for LiteBit I will let you all know but i would expect it to be a matter of days. Navtech Metadata Obfuscation
Alongside working on the decentralisation implementation we are always looking for ways to improve our Navtech system. One improvement which has been on my agenda is to find further ways to obfuscate possible metadata inference by state level actors. One part of the solution is to add delta to the Navtech throughput to make it exponentially harder to infer cash in cash out.
I am working on a solution which would allow users to send 1 transaction into the Navtech system with a user specified number of output addresses (1 - 6 NAV Addresses). These output addresses are attached to the incoming transaction in the exact same way as when there was just 1 address specified and it is impossible to tell how many addresses were attached without decrypting the data. The Navtech system would then process the transaction and randomly split the input amount between the addresses which were attached. Because the number of attached addresses is user defined, it makes monitoring the throughput exponentially more arduous.
Watch #NAV002-multi-address-anon on Github Beyond this delta obfuscation, I would also like to program a feature that continuously sends Navtech Anon transactions through the system to help mask inference during times of low throughput. I am hoping to have these things done by the time we decentralise but decentralisation is the priority and we will continue to release updates after the genie is out of the bottle. Nav Coin Promotional Videos
Planning is complete and we are now moving into the production phase of our Promotional Videos. The strategy is to produce one main “Introduction to Nav Coin” promotional video followed by 3 or 4 whiteboard style videos to explain the various different technologies and features which make Nav Coin awesome. Our writers, animators and editors will be working hard to complete these as soon as possible. We are hoping to have these ready for release in the lead up to the decentralisation of the Navtech network.
Press Release - Nav Coin now with Merchant Backing
The NAV Coin team and NAV community are happy to announce a new merchant gateway integration. 77,000 and growing, online and offline retailers now have the option to use NAV Coin as a payment method. This has been made possible by CoinPayments.net and their retail partners who allowed the public to vote for NAV Coin to join the payment processing platform.
Read Press Release Navtech Infographic
Colvano has put together an amazing infographic which helps to visualise how the Navtech System processes transactions. The infographic has been added to our official Nav Coin media kit on github. Feel free to use this infographic or anything from the media kit however you like. If you want to help create some awesome content like this, join us on slack and share your skills!
Get the Infographic Nav Coin Store
We have received quotes back from our printers to design and print the Nav Coin branded t-shirts. They will be launched at $21.50 USD + shipping. I will get a shipping quote tomorrow and then setup pre-orders for the t-shirts. They take 10 working days to print, so you will be able to lock in your order now and we will dispatch them as soon as they are ready. Moving forward we aim to have them in stock so they will be able to dispatch immediately. I will attempt to do the same with the hats when the quote comes through, so keep your eyes peeled and put in your pre-orders when they are available.
Go to the Nav Coin Store Nav Coin Projects
We realise that there have been some projects on our list which have been stuck at near complete for quite some time. Right now our primary focus is on the Navtech decentralisation, but we will continue to try and finish these projects and get them released as soon as possible. Soopy and Shahim should come with an update on the status of the syncing issue, raspberry pi and web wallet in the next few days. So please hold tight and watch for their updates.
View Nav Coin Projects As you can see, we are not letting up on the gas pedal here at Nav Coin HQ. We continue to work hard and bring as many cool things to the table every single week we work on this project. We still have some exciting things up our sleeves leading up to the decentralisation of the Navtech network so stay tuned! Talk Soon, Craig. |
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Is decentralization will be released this year?
That is the plan. however if it's not ready then is might be early 2017. I expect Dec 2016 but tracing down subtle bugs that only show when first group of outside servers starts up could delay things until it's exactly right for full open source release. BTW not a dev, just my observations on what I hear. This is correct. We are aiming for mid December but we have not set a release date yet. We will keep you all informed with our progress over the next weeks and set the date as soon as we can say it with certainty. Cheers! |
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I should ignore the charts until adoption, but the price makes me want to hear the development updates. I believe it was said that NAV was in talks with other coins or merchants about integrating or accepting NAV? Are there some updates on this?
Every week we provide updates and week on week they are substantial. Just 4 days ago we delivered a merchant integration, ambassador program, announced our first partner for decentralization and more. We have just had an organic article posted on Bitcoin.com, our Twitter presence is going through the roof. I am not sure what more can be asked of us at this stage. We are putting mammoth hours, effort and money into this project. The rest is up to you all. We are definitely a mid term investment, not a pump and dump. We have great fundamentals and in the longer term we will win. Be the bull. |
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Hi Guys, I am not sure why the price is down. Part of it is that Bitcoin is up.
We do not control the markets. You all do. Price is up to the public.
We are doing everything we can to build great software and we always deliver on our promises. We have some great projects in the pipeline. Decentralization is not far away and I have am working on some great plans to take NAV to the next level which I hope to share with you all soon.
However as stated it is up to you all to support the price. When the price goes down it is a great time to buy IMO and personally I have been buying all the NAV I can afford over the last few weeks.
I have all my faith in this project, it's potential and what we have planned for the next few months.
As we say in New Zealand; Kia Kaha (Be strong). And buy more NAV!
Best,
Craig
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So we are getting package packages?  Indeed  I hope they find you safely. Let me know when you receive them! |
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Looks like the bot voters for the scam coins have been shut down! hahahaha ONECOIN & XCOINX WON’T BE LISTED ON REVEX.CO – WE ONLY SUPPORT REAL AND TRANSPARENT CRYPTOCURRENCIES AND EXCHANGES! https://revex.co/We are only 50 votes behind 1st place |
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Is anyone connected on TOR? I get 0 connections. this is with a .conf file that has worked before. another person on Slack had the same issue.
I've messaged BitcoinFX to see if there is any problem with the servers. Still waiting reply! |
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NAV Team....Will there be a Thunderclap campaign for upcoming decentralization? Achieving Annon and Decentralization is kind of first for any cryptocurrency and also with upcoming promotional video another Thunderclap campaign is not a bad idea....Promotional video will be the major trigger as most people like to watch rather than read.... It's not a bad idea. we will see if it works with our marketing plan. We need to get the release date firmed up first |
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@pakage What does Nav do to make the PoS system safe and tackle the Nothing-At-Stake problem? Edit: To clarify, Nothing at stake is a theoretic problem where double spending could happen. Here a short video explaining it: https://www.youtube.com/watch?v=pzIl3vmEytYI do not know what Nav did to tackle this problem and I am curious if and how it is done. In general I am interested in the PoS vs PoW discussion. I do think PoW is a waste of energy and money for mining. Interesting problem. It is not something we've spent any time addressing at this stage. Sounds like it has minimal impact and quite unlikely occurrence, but we will keep an eye out for solutions and implement one when it becomes available. |
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Hi team, I've got a little update for you. If you choose to pay using the Navtech Network, don't forget to calculate how much you need to send including the processing fee with our new calculator: http://www.navcoin.org/calculators/navtech |
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ICO Timeline are doing a great job of promoting NAV, most are re tweets of their article |
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Hi Nav Coiners, It's time for the weekly update! This one is absolutely jammed with good news. We are very proud to release the Navtech Decentralisation White paper which covers how we plan to decentralise the Navtech System. How we will provide a safe and secure environment for both server operators and users alike. Navtech Decentralisation Whitepaper Cryptocurrency technology is decentralised by design. It is believed that rigorous truth is a natural byproduct of an open source platform run by the public. The decentralisation and automation of systems enable people to make informed choices about the systems in which they choose to participate and provides an even playing field as never seen before in history.
As well as the inherently democratic nature of decentralised systems, they offer protection to the participants by providing a safety in numbers hypothesis. This limits the ability of malicious actors to threaten or attack participants in the system due to the number of people involved and the global nature of their relationships.
Another advantage is that they are extremely robust. Once a piece of software has entered the public domain, it becomes impractical and virtually impossible to shut down completely. This enables security to the future of the system and knowledge that if the public deems it valuable it will persist.Read Navtech Decentralisation Whitepaper Please keep in mind this is a beta document. The rest of the team still need to refine it with me but that will be very minor tweaks at this stage. Nav Coin Store With Nav Coin now on CoinPayments.net we really wanted to showcase how easy it is to use NAV during checkout in your online store. We have officially opened a merchandise store for Nav Coin which accepts NAV as a functioning showcase of the gateway!
So far there are only NAV stickers available and also a donation option. I have also added two colours of t-shirts and hats but I am still waiting on some companies to come back to me with some prices of each I would expect them to become available within the week. The donation option is a cheap and easy way to check out the payment gateway and it will be put towards future development and server costs.Go to the Nav Coin Store I have also put together a guide explaining the steps I took to get the store up and running. You will need to know some basic web development or wordpress at least: http://navcoin.org/guides/wordpress-storeThe interesting thing here is that I have trialled purchasing some donations using the Navtech Anonymous System and it worked except it was hard to get the amount exact because of the way the tx-fees work with the random amount of transactions generated by the anon system. I spent some time today coding an update for the Navtech servers which means the tx-fees are taken from the anon processing fee instead of from the senders coins. This means that the amount you get out will be exactly the amount you put in minus the processing fee (0.5%). I created a calculator to help people figure out how much they need to send: http://navcoin.org/calculators/navtechFor example, if you want to send 1000 NAV through a server with a 0.5% processing fee, it will tell you that you need to send 1005.02512563 NAV in total. Pretty handy, especially for these merchant tool situations. Anonymous Merchant Gateway
With the Navtech script update deployed and the fee calculator, I can say that we now have not just a Merchant integration, but in fact an Anonymous Merchant Integration!!
I have skipped the Anonymous Merchant Integration project from pending to complete on our projects page: http://navcoin.org/projectsOther Merchants
Myself and Mark and Sophia are making contact with business owners in our city of Auckland who are interested in using CoinPayments.net and NAV for payments with the Point of Sale tools. One bar owner has already positively responded and we are meeting with him tomorrow to work out the details of implementing NAV at his premesis.
Petros Anagnostou has advised us that he is setting up a web hosting company and that he will accept NAV through CoinPayments.net. Petros will be offering a discount for services when paid for in NAV. There will be more details on this as the service goes online later this week.
Decentralisation BetaPetros is also going to be one of the first 3rd party network operators of the decentralised Navtech system. He has offered to help beta test the system as a network operator and help us get it ready for launch.
You can check out more about him on his linked in profile, he has quite the resume and I am really pleased to have him on board for this.Petros Anagnostou We are still looking for at least 1 more network operator to take part in the beta test of decentralisation over early December. If you have access to some web servers, you know your way around linux and you want help, please send me a PM. Ambassador ProgramPetros is actually being amazingly helpful. He has suggested that we start up an Ambassador program for NAV. We have had the translations of the OP which is a good start but now we are looking to place ambassadors for NAV Coin all around the world. There will be some NAV bounties dished out to ambassadors, but it is mainly a role for someone who is invested in NAV and wants to see it succeed.
If you're interested in becoming a NAV Ambassador for your region, please jump on our slack channel and we can discuss the details in #ambassadors
Sign up to the Nav Coin Slack
That's about everything i think. We will be publishing some articles on the news blog and also across some of the news sites later in the week to support the whitepaper release and the store launch. Keep your eyes peeled for those. I gotta go, its almost 6am here. I will post this update and some of the articles up tomorrow after I have big sleep! Talk Soon, Craig. |
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