[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield

[Vlad2Vlad]

We are oversold

Sub 10,000 sats is oversold [maybe].  For a coin with no clear guidance and no future [public] security plans even 10K is not really oversold.

I'll show you solid coins with only ~3.4 million coins out, with a solid dev, community and great name selling for only 1200 sats.  Now, that's way oversold!  Check out CASHcoin for an example of a coin primed to shoot up 20 fold just on valuation alone.

But like I said, NAUT can be the next DarkCoin, once this massive inflation and indiscriminate miner dumping stops and Brian Kelly clearly outlines his plans for securing the network and NAUT's business strategy.

I'm confident Brian Kelly does have a plan but right now he's in the accumulation phase so a quiet period is to be expected.  Follow the smart money:  Buy on the dips. 

We should definitely see NAUT dip under 10,000 Satoshi, very briefly, at which point I would put 1 Bitcoin in it.

Good luck!

[Vlad2Vlad]

I don't get it, what about that chart says something has to happen soon?  It shows volatility which is to be expected given NSF only has 160,000 total coins which cannot keep up with the more than 200,000 new coins minted daily.

This is why I said NSF has a different agenda or primary objective which is to accumulate a lot more NAUT [for insiders].

or he could be holding on to more than 100+ BTC buy power. Im sure he knew that pump from 10k-110k was a selling point. Most of us did.

Precisely, which is why he posted the buys of the stabilization fund and not the sells.


Nothing wrong with that; it's a very shrewd tactic for insiders to accumulate large amounts of coins without the negative stigma of a Premine.

[FlyingMongoose]

We are oversold

Sub 10,000 sats is oversold [maybe].  For a coin with no clear guidance and no future [public] security plans even 10K is not really oversold.

I'll show you solid coins with only ~3.4 million coins out, with a solid dev, community and great name selling for only 1200 sats.  Now, that's way oversold!  Check out CASHcoin for an example of a coin primed to shoot up 20 fold just on valuation alone.

But like I said, NAUT can be the next DarkCoin, once this massive inflation and indiscriminate miner dumping stops and Brian Kelly clearly outlines his plans for securing the network and NAUT's business strategy.

I'm confident Brian Kelly does have a plan but right now he's in the accumulation phase so a quiet period is to be expected.  Follow the smart money:  Buy on the dips.  

We should definitely see NAUT dip under 10,000 Satoshi, very briefly, at which point I would put 1 Bitcoin in it.

Good luck!

Honestly i think the coin is severely undervalued, but with all the numerous multipools targeting this coin you're right it's the dumping of the coin that is driving this down, it doesn't help that Dirac is only traded for NAUT which effectively doubles the dump...

Based on the double-dump point, this to me essentially means the coin is at half the minimum it should be right now. it should be almost 40k as a floor, not 19-20k.

So, the coin is severely undervalued, outright, it honestly deserves to be upwards of 100k satoshi as a floor... Of course with total coins so far being 2.4 million, in comparison to the total number of bitcoins so far at 12.8 million... and max coins being 16.8 million (naut) vs 21 million (btc)... I dunno speculate what you want on that, ultimately value is decided by the market and not by the total, but one of the simplest rule anyone will ever teach you is supply and demand. Hopefully we get more demand soon...

[MoreMinerals]

Because everything needs negative criticism,
I'm going to be that critic, because I want this coin to grow.

It could be the next DRK..IMO, and right now that all really depends on BK

I'm still a little skeptical about this whole thing.

I mean the nautiluscoin.com isn't that great compared to darkcoin.io
There's like 10 different tabs at the top.
I don't think the Twitter is even on the site.
The most important part is that BK is a well known investor?
I think he should use that power to do the obvious, spread PR on CNBC.
And have it on the site to spark interest.
Currently, there's nothing that would instantly grab people's attention on it.

Maybe put out some bounties for design and whatever needs work.

Today, we saw it go up to 30+ because of the NSF apparently.
and lol surprise!
 we are back at 20 already.
Yet, I'm still not sure why people would be selling at only a 50% rise
-Most volume is on other coins DRK, BC, XLB, etc..
BC went up 100%
XLB went up 200%
CaiX even went up 100%
in just this week alone
Naut only went up 50%, yes so 50% is nothing

I doubt we have any new investors shorting on NAUT; volume is really low (24hr 55BTC as of now)
Either there's still bagholders, like me who bought/mined pretty high and selling to get into other coins
or
Mining is still profitable, which I doubt because of the "better coins" above and not many coins have been minted since last week
159.39 coins per block
1440 blocks a day, or 229521.6 NAUT a day?
We were at 2.2m NAUT last week if I remember, that just doesn't add up.

Also another problem
People might think its going down because Bitcoin is going up, and I'll ask you this.
Does Litecoin go down when Bitcoin goes up? No, Litecoin usually goes up simultaneously with or without a delay.
Litecoin goes up because Litecoin has investors
Darkcoin has investors
Blackcoin has investors
Nautilus has NO INVESTORS
DRK down 10-20% today, but I assure you the interest is there and so are the investors.
Coins are too easy to manipulate; someone is just using BTC rise as a cover to bargain hunt DRK.

Every company needs investors, that's just the way it works, and its no different with coins.

Nautilus has a market cap of $260,000 or 480BTC which is extremely low..
I could buy a ferrari with NAUT? And kill half the market.
Liberty Coin, which I believe should be NAUT's closest competitor
had a marketcap of about $500,000 a few days ago..it is now $1,300,000
Truth is no one cares about Nautilus because its not going up.
A coin can't get volume from posting blogs or selling t-shirts, NO those aren't bad ideas BUT I think we are forgetting the basics here.
People buy coins because they go up
People sell coins because they go down.
Obviously, the inverse is possible when there are investors.

There needs to be a 3 point relation
1. BK, the central banker to keep things in check. Based on results, isn't really doing a great job right now.
2. The miners
3. The INVESTORS (Which NAUT doesn't have right now)
That way no single party ever has too much power than they should.
Maybe that will bring about the stabilization that this coin needs.

tl;dr
-BK needs to do whatever needs to be done about miner dumps; do a hardfork or something..and check for possible exploits.
-Kill ties with Dirac.
-let INVESTORS do their job of giving this coin GROWTH and INTEREST instead of just screwing them over with NSF dumps or letting miners dump huge loads of coins.
-Better design. NAUT logo doesn't look bad, but it doesn't look like a coin. I think that's very important for any coin.

After all that...maybe NAUT can start be a coin with its own Market trend, instead of just being a zero volume, no interest, PnD coin that people have already forgotten. Then just maybe we might have tons of volume, tons of interest, then BK can go say "deep liquid market" while putting sunglasses on and he'd actually be right this time.

[CryptoLTD]

This coin will do 'things' when its daymn good & ready. Im GLAD theres miners dumping it, FEED ME MORE. Mining dosent last for ever, and no one has patience = perfect. Have a great day.

[CryptoLTD]

Looks like dedicated pool picked up NAUT for mining.. no one mining there tho.

[teamlottowin]

we have not heard from BK in a while , may be he quit

[PilotofBTC]

we have not heard from BK in a while , may be he quit

Maybe he doesn't sit on this thread pressing refresh.

[FlyingMongoose]

we have not heard from BK in a while , may be he quit

Maybe he doesn't sit on this thread pressing refresh.

Maybe he has a wife and family and it is the weekend of a national holiday in the United States...

[mdtspain]

we have not heard from BK in a while , may be he quit

FUD!!!!

Go walk your dog!!

[CryptoLTD]

we have not heard from BK in a while , may be he quit

He's running a marathon today. Look @ his twitter.

[Vlad2Vlad]

we have not heard from BK in a while , may be he quit

He's running a marathon today. Look @ his twitter.

Pffff, likely excuse!

[drumingspz]

Why won't anybody sell into my buy wall?  Don't they know that I want some cheap NAUT? 

[MoreMinerals]

Why won't anybody sell into my buy wall?  Don't they know that I want some cheap NAUT? 

Welcome to the bagholders club

[boogi]

How is the block explorer still not up, Is there even any developers behind this coin.

[Cohle]

Haven't checked in on NAUT for a while. No doubt there'd be a lot of FUD to wade through. Hope that hasn't dissuaded BK from furthering this project.

[bqxpd]

Anyone having issues sending transactions? I've had one sitting unconfirmed for nearly an hour. No connectivity issues as far as I can see -- I'm sending from my local wallet, which says it has 4 active connections to the network. NAUT transactions have always been more or less immediate before.

[FlyingMongoose]

Why won't anybody sell into my buy wall?  Don't they know that I want some cheap NAUT? 

Septuple that buy wall and I might. :-p.

[marketone]

buy Naut and happy later

[MoreMinerals]

Look at XLB Liberty coin

That's how expensive NAUT will be later on

In fact, it will prob be a lot higher then that because $1mil is pretty low for an altcoin.