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CryptoLTD
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May 23, 2014, 09:13:36 AM |
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I've read threw the page(s) & all I see a lot of people complaining he dident support the complete & artificial price inflation ( IE PUMP ) prices. Glad he dident, as he would have been a fool to. Some of you people really do live in a different universe.
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Alphi
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May 23, 2014, 10:14:30 AM |
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Why would a miner, that is mining the large majority of a coin, fork or even control more than 50%? So they can make the coin they are trying to get worthless?
its not miners who believe in the coin that would attack it. miners who are mining other coins... or hackers who can attack and then control one of the pools would temporarily move their power over to the Nautilus network to gain 51%+ of the hashing power. from there it allows them to create a fork and control the block production (so they can make transactions and gain all newly minted coins while they have control) they then shift those coins onto an exchange. once on the exchange the attackers can sell those coins for BTC or another coin and then withdraw those coins.. so within a day or two they can dump a shitload of invalid coins into the system and then leave everyone else to clean up the mess and pay the bill.. once the mess is cleaned up.. the attackers can then try again and again and again. until either the exchange collapses or the community loses faith in the coin and abandons it. while the 51% attack is happening.. ALL other transactions on the network are invalidated so anyone else using the network is also screwed. |
KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE: DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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Berric
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May 23, 2014, 12:48:27 PM |
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http://naut.0feepool.com/
0% Fee and only 9 confirms
PROP reward system.
Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
EMail Support
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maxsinner
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May 23, 2014, 01:28:19 PM
Last edit: May 23, 2014, 01:42:48 PM by maxsinner |
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What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.
No, actually it's crystal clear if you have the slightest clue how all this works. I am more than happy to update the community on what we are doing, but I will stop posting if all I get is negative responses. I have much better things to do with my time. Don't let some clowns hold you down, that's exactly what they want. The internet is populated by many trolls - you should simply ignore them (and maybe even just remove their responses, nobody's going to mind if you do). Don't stop posting though - this would only negatively affect your supporters and yourself, whereas the trolls aren't going to care at all. Dev. You need to keep doing your thing, but do it with honesty. Face the facts and admit your mistakes. You stability system was a failure by its design and you know it. All the pretty words in OP mean nothing without results. Anyone who disagrees - keep dreaming. Life is much more beautiful in dreams.  BK has never heard of auto-sell option. Hint: it's not coincidence that the dumping started when the coin was listed on Cryptsy. |
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IncreaseMyT
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May 23, 2014, 02:28:42 PM |
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funny but the sell off started long before it hit cryptsy.
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jjj0923
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May 23, 2014, 02:29:43 PM |
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funny but the sell off started long before it hit cryptsy.
they sell off began as soon as it was linked to the shit coins. (which I did post dire warnings about the consequences and I hate to say I was right - BUT I WAS RIGHT! LOL) right now though : IT IS WAS IT IS - risk, reward and return go hand in hand. and I'm on the the ride..and all the bitching in the world is not going to move the market I may even go back to mining it again - for right now I'll sit on my coins and enjoy (or not) the fact that I'm finally on a Top 100 list (although I'd prefer to be off the list and be out at 8 or 9 : LOL) |
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IncreaseMyT
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May 23, 2014, 02:37:59 PM |
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funny but the sell off started long before it hit cryptsy.
they sell off began as soon as it was linked to the shit coins. (which I did post dire warnings about the consequences and I hate to say I was right - BUT I WAS RIGHT! LOL) right now though : IT IS WAS IT IS - risk, reward and return go hand in hand. and I'm on the the ride..and all the bitching in the world is not going to move the market I may even go back to mining it again - for right now I'll sit on my coins and enjoy (or not) the fact that I'm finally on a Top 100 list (although I'd prefer to be off the list and be out at 8 or 9 : LOL) yea you did....... |
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mdtspain
Legendary
 Offline
Activity: 1076
Merit: 1003
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May 23, 2014, 02:52:52 PM |
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However we are not the only coin going down.... Nearly all coins went down 50% this week, except darkcoin. Take a look at Cinni, BC.... all down
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jjj0923
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May 23, 2014, 02:55:22 PM |
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However we are not the only coin going down.... Nearly all coins went down 50% this week, except darkcoin. Take a look at Cinni, BC.... all down
unfortunately we fall at a higher % than BTC grew...  I am hopeful that NAUT will come back. |
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mdtspain
Legendary
Offline
Activity: 1076
Merit: 1003
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May 23, 2014, 03:22:49 PM |
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However we are not the only coin going down.... Nearly all coins went down 50% this week, except darkcoin. Take a look at Cinni, BC.... all down
unfortunately we fall at a higher % than BTC grew... I am hopeful that NAUT will come back. It will come back, for sure. Just be patient |
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teamlottowin
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May 23, 2014, 03:42:57 PM |
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LOOK LOOK - it is pumping ..
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4jefflee
Newbie
Offline
Activity: 43
Merit: 0
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May 23, 2014, 03:44:22 PM |
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Anyone know why its on the rise?? Very happy to see some life in the thing. Did Dirac halve or something?
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jjj0923
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May 23, 2014, 03:48:14 PM |
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Anyone know why its on the rise?? Very happy to see some life in the thing. Did Dirac halve or something?
yes - the days of the incredible deals are over - plus I waved my magic wand over the computer. |
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FlyingMongoose
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May 23, 2014, 03:57:44 PM |
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Anyone know why its on the rise?? Very happy to see some life in the thing. Did Dirac halve or something?
yes - the days of the incredible deals are over - plus I waved my magic wand over the computer. It's going up... Isn't that all that counts? :-p |
qoinpro.com/951c974b34f66cc68e805832df0c9d8c
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CrowdWhale
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May 23, 2014, 04:00:13 PM |
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Just seems like a run of panicky bulls to me. There's even less of a floor beneath it now. It's likely to sink until the community pulls together and promotes the features and the future instead of promoting how scary of a beating it's taking.
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SaraMine
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May 23, 2014, 04:03:57 PM |
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LOOK LOOK - it is pumping ..
really? |
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IncreaseMyT
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May 23, 2014, 04:17:18 PM |
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Hey pumper no teasing!
If this thing does get pumped its gonna go up so fast.
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FlyingMongoose
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May 23, 2014, 04:17:54 PM
Last edit: May 23, 2014, 04:28:17 PM by FlyingMongoose |
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Just seems like a run of panicky bulls to me. There's even less of a floor beneath it now. It's likely to sink until the community pulls together and promotes the features and the future instead of promoting how scary of a beating it's taking.
My project aims to promote just that the good things. |
qoinpro.com/951c974b34f66cc68e805832df0c9d8c
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teamlottowin
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May 23, 2014, 04:27:46 PM |
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LOOK LOOK - it is pumping ..
really? yes |
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IncreaseMyT
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May 23, 2014, 04:42:19 PM |
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Just seems like a run of panicky bulls to me. There's even less of a floor beneath it now. It's likely to sink until the community pulls together and promotes the features and the future instead of promoting how scary of a beating it's taking.
Pump is starting for sure, based on recent volume, thats def a bull flag IMO. Every big pump Ive ever seen there are way bigger sell walls than buy support, thats because they buy and sell hand to hand to pump it. If ive learned anything ive learned to eat sell walls and dump on support if you get the chance. |
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