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Author Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield  (Read 901801 times)
12345mm
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May 02, 2014, 05:48:58 AM
 #61

This looks to me to be a most promising looking new altcoin. Smiley  Correct me if I'm wrong and this does already exist , but I have not ever seen a wallet that with 1 click whips up a new receiving address and scan image like this one. Looks very simple , but great potential here. Does seem off to me and confusing to use PHI as acronym - someone did a phicoin with same at some point a while back. Suggest NSC , NLS , NAU , NAC ...etc.  Stabilization fund is interesting but needs to be exactly explained for everyone as to how it will work , but as i understand it , the premine will be liquidated at some point and the proceeds will be cycled directly back into the market? So essentially , a promise to sell off the premine at some point , then point some type of a trading bot at the market with the backing of the btc from a sold premine , which will proceed to place buy and sell orders from then on? Since this is more/less what happens on many coins anyway , and a great deal better than a dev taking the btc from a sold premine and putting to other use , I think I am good with that , especially provided if it's handled with transparency re total initial coins sold and btc gained / btc put into stabilization fund , with ideally the ability to see ongoing records of trade history of the stabilization fund. I'm pretty sure it would qualify as a first to have a verifiable stabilization fund created from a premine. If we don't get in on the details of the stabilization fund , people may question if all the btc from the sold premine is being put toward supporting the coin's volume. Have been mining on pool from block 150 or so with my nothing rig of 1x 6850 but still , almost 100 of these Nautiluscoins. Would take any freebies of course Smiley NLcmDJpNXFa6DKfSiGLHPSVgopD1gSBoMW

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I Like Free Magic Internet Money! Smiley My Cryptsy Trade Key: ad89bb4885a1f92eb7efd5db30412676673ded0e
Gunther
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May 02, 2014, 07:04:03 AM
 #62

Where can we find the source?
Mesciator
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May 02, 2014, 10:12:44 AM
 #63

Where can we find the source?
Check the OP or the official website. Embarrassed
BK_PHI (OP)
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May 02, 2014, 01:09:03 PM
 #64

This looks to me to be a most promising looking new altcoin. Smiley  Correct me if I'm wrong and this does already exist , but I have not ever seen a wallet that with 1 click whips up a new receiving address and scan image like this one. Looks very simple , but great potential here. Does seem off to me and confusing to use PHI as acronym - someone did a phicoin with same at some point a while back. Suggest NSC , NLS , NAU , NAC ...etc.  Stabilization fund is interesting but needs to be exactly explained for everyone as to how it will work , but as i understand it , the premine will be liquidated at some point and the proceeds will be cycled directly back into the market? So essentially , a promise to sell off the premine at some point , then point some type of a trading bot at the market with the backing of the btc from a sold premine , which will proceed to place buy and sell orders from then on? Since this is more/less what happens on many coins anyway , and a great deal better than a dev taking the btc from a sold premine and putting to other use , I think I am good with that , especially provided if it's handled with transparency re total initial coins sold and btc gained / btc put into stabilization fund , with ideally the ability to see ongoing records of trade history of the stabilization fund. I'm pretty sure it would qualify as a first to have a verifiable stabilization fund created from a premine. If we don't get in on the details of the stabilization fund , people may question if all the btc from the sold premine is being put toward supporting the coin's volume. Have been mining on pool from block 150 or so with my nothing rig of 1x 6850 but still , almost 100 of these Nautiluscoins. Would take any freebies of course Smiley NLcmDJpNXFa6DKfSiGLHPSVgopD1gSBoMW

I will post every transaction the NSF makes and every planned transaction. The goal is to be completely transparent. We should begin trading today and have posted the plan on the website.  Also will post history of every trade.

The plan is to have 100,000 coins constantly circulating to support the market - that is on the upside and downside - steady measured growth...just like a nautilus Wink
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May 02, 2014, 01:25:03 PM
 #65

Only one pool is finding all the blocks.. why there are not other pools yet? Is it good for coin to have all the hashrates on a single pool?
Pyramusx
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May 02, 2014, 01:31:44 PM
 #66

Yup, there's already a coin (or a few) with PHI as the short name. Nautilus seems like a very promising coin whereas those coins..well they aren't really going anywhere. So I am sure it can just take PHI but if possible a new one should be thought up.

nikos64
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May 02, 2014, 01:42:19 PM
 #67

http://phi.0feepool.com/


0% Fee Nautiluscoin pool online for pre-registration
PROP reward system.
Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
EMail Support

Automatic Payout Threshold
100 - 10000000 PHI
 Shocked
Fix it please. This is not a 100 billion coin.
1 - 10000 is more logical.
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May 02, 2014, 01:57:49 PM
 #68

Only one pool is finding all the blocks.. why there are not other pools yet? Is it good for coin to have all the hashrates on a single pool?

phi.altmine.net has found some blocks but we really need more miners.

altmine.net p2pools - Follow me on Twitter for latest updates @altminenet
romeshomey
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May 02, 2014, 02:12:41 PM
 #69

When does PHI get added to trade pairing on AGX? 
Twopizzateam
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May 02, 2014, 02:21:06 PM
 #70

Will PHI be added in mintpal?
ltcjunky43
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May 02, 2014, 02:38:09 PM
 #71

Will PHI be added in mintpal?

If we contact them and push them (Use the CNBC connection to get them excited about publicity), we could get on very quickly
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May 02, 2014, 02:42:26 PM
 #72

Does anyone want to start a trading thread for Nautiluscoin so that we can trade while we wait on the exchanges?
Michael Humis
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May 02, 2014, 02:49:16 PM
 #73

Does anyone want to start a trading thread for Nautiluscoin so that we can trade while we wait on the exchanges?

Sounds good idea. Then who will decide the buy/sell price?
kufan
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May 02, 2014, 02:54:41 PM
 #74

any difference? i don't see any .
ltcjunky43
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May 02, 2014, 03:04:45 PM
 #75

Does anyone want to start a trading thread for Nautiluscoin so that we can trade while we wait on the exchanges?

Sounds good idea. Then who will decide the buy/sell price?
people will negotiate for fair prices

I'll create the thread in a few minutes
James Bond 007
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May 02, 2014, 03:11:52 PM
 #76

Does anyone want to start a trading thread for Nautiluscoin so that we can trade while we wait on the exchanges?

Sounds good idea. Then who will decide the buy/sell price?
people will negotiate for fair prices

I'll create the thread in a few minutes

Remember back here to update the thread link.
ltcjunky43
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May 02, 2014, 03:13:03 PM
 #77

Does anyone want to start a trading thread for Nautiluscoin so that we can trade while we wait on the exchanges?

Sounds good idea. Then who will decide the buy/sell price?
people will negotiate for fair prices

I'll create the thread in a few minutes

Remember back here to update the thread link.

I will
Timeline
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May 02, 2014, 03:28:07 PM
 #78

Wallet not syncing. Anyone else experiencing this?

k!lowatts
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May 02, 2014, 03:29:22 PM
 #79

so quiet Embarrassed

e5iS8ibLHqEX3HagxcS3DrZxyvkhUoUcfN - Energycoin
DJgywHCTvQ4Auo3MJrP3pYdCbzftU4T3kk - Mastiffcoin
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May 02, 2014, 03:32:48 PM
 #80

is that an EL84 on the mining page of the website? nice choice Smiley
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