No.. it won't go up because the author is probably a scammer.
There is a no stabilization fund. There is no growth at all.
Guy says were in a "deep liquid market", one day later we go from 30 to 20
Pretty much,
This is a just a coin for miners to dump on investors
I know some people won't care or maybe some will but here's my story.
The story of a dead whale, and why probably other whales will never have interest in this coin.
I had 31BTC...and I was desperate and greedy to get in on the next pump.
That's maybe $10,000 lost, in just a few days.
I knew there was a 1% premine, that's about 160,000 coins but I somehow mistaken it for 1,600,000 at the time.
Regardless... over 2millions coins out of the maximum 16m~ were already mined once it hit mintpal..
I initially bought half at 75-80, thinking this "coin" actually had a bottom.
Did a little pump to 85, with minor success then support fell...
I had fun overcutting whoever was trying to buy coins at 75-80
Also there was that guy spelling 1337 with orders
You know, I really thought we were all ready to take this to the moon and steal DRK's volume...
That's where I probably made the biggest mistake of my life;
I stacked a 20000NAUT~ Buy wall at 75 on top of someone else's order, thinking it was impossible that anyone would have even have that much coins.
I was ready to pump, but no one else was...
Then someone had to go and dump 40000 NAUT dropping the price to 70
I should've sold then, and just cut my losses, but like some people here I really did think this was going to be that next moon coin. Regardless, If I had dumped then I would've prob dumped the price to at least 50 with a 25% loss. There was a huge buy at 40, which I thought was the "Stabilization fund", turns out it was probably just some fake wall.
But seriously, when and where was there any "Stabilization" on this coin and
How the hell did 2million (About 15%) of the coins get mined in just 1-2 weeks? While Naut coin cap has only grown from 2.2m to 2.4m since it hit mintpal. Difficulty retargeting, where? Was the coin just that purposely broken or is BK just a complete screw up?
Now this is where it gets emotional and where I beg you for coins.
I've never had a job before..I'm in my mid 20's..Trading was the only thing I really ever enjoyed doing until...Nautilus
People said it would go up, I waited, and wanted to wake up the next day at 100+.
I was ready to get a nice picture of a Nautilus to frame on my wall somewhere, but that day never came and probably never will.
Most of this money was from selling CoinTerra miners
Which I got the money to buy from selling a KnC Jupiter and Mercury
Really though, I got all my initial capital from selling currency in a MMORPG called FFXIV, which was in a pretty big bubble at the time (I made over $5000..from a video game)
I might be an idiot for investing in an altcoin, but that greed was out of desperation to help my family out.
We wouldn't be living in this house next month, if I didn't have 5k tucked away from trading.
Also I had no choice but to dump 40000 NAUT today because I also have to pay for my Dad's car (Who is being pretty much laid off until retirement gets processed)
and Alpha-T just sent out emails today asking for remaining deposits on preorders..(I don't think NAUT will go up much within 2 weeks)
I'm sure a lot of you miners made tons of mad profit from this anyways so..
If you have any pity for me and would care to give back some of the 50-100% profit I probably gave you
BTC: 1CNc6MpYA9oUVJGmfxe8zQB6uHfQG3KPSp
In the meanwhile, I'll be finding ways to slave my self to the US Dollar, Thanks Mr BK!
Also if anyone is interest in that Viper 18MH/s Scrypt miner I mentioned earlier
www.ebay.com/itm/281344438668
