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

[BTCrawl]

I don't understand one thing:

Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.

When we reach 16 180 000 total coins?

It would take a few months at this rate, but according to BK the testing for proof of stake will begin this weekend. If it's successful a lot of us hope that we can move over much earlier than 16 180 000 coins :-)

[slushee]

I don't understand one thing:

Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.

When we reach 16 180 000 total coins?

It would take a few months at this rate, but according to BK the testing for proof of stake will begin this weekend. If it's successful a lot of us hope that we can move over much earlier than 16 180 000 coins :-)

For example we move into POS on 1st July. So, there will be only 4200000 total coins at this rate. What about the rest of coins?

[BTCrawl]

For example we move into POS on 1st July. So, there will be only 4200000 total coins at this rate? What about the rest of coins?

Well, if that happens the remaining POW coins will not be mined. Eventually we will get to 16 million coins with POS, but it will take much longer.

[slushee]

We should ask BK. I hope he will explain it

[Lord Of The Internet]

Current USD Value of NAUT is $0.082647, so $10,000/$0.082647 = 120996.52739966 NAUT
USD Value Reference: http://www.coinmarketcap.com/

But we know 20k is already in the wallet, so 100996.52739966
I'm trying to use mine to fund my own project(s) so I don't have much to spare I only thew in 10 (for now).
so down to 90996.52739966
But hen there's the 500 you sent.
90496.52739966

Of the people here who have posted. I haven't gone and looked at the wallet's actual value.

oh wow.  That's a lot of coins to raise ... but also a good start 

i sent the 500 because i just had it laying around in my mintpal account.  I'll have to get my wallet back up so i can send more.


if we send Fitch enough coins, maybe he'll put a "Get Naut-i" tattoo on his chest next to that japanese symbol.

[weret]

Exciting promotion for Nautilus this sponsorship 

[CryptoLTD]

I just realized that Nautilus coin is not on coinwarz web site, many MANY MANY people look their DAILY for profitability, I like their nethash charts. Right now Nautilus coin is NOT listed there, if they were, this could help with net hash! Voting is FREE and can be done once per hour, it just takes 5 seconds to vote, no need for sign ups and other noncense.

Vote Here: http://www.coinwarz.com/voting

Have a great weekend everyone!

[banana2995]

I just realized that Nautilus coin is not on coinwarz web site, many MANY MANY people look their DAILY for profitability, I like their nethash charts. Right now Nautilus coin is NOT listed there, if they were, this could help with net hash! Voting is FREE and can be done once per hour, it just takes 5 seconds to vote, no need for sign ups and other noncense.

Vote Here: http://www.coinwarz.com/voting

Have a great weekend everyone!

Great call. I didn't know you had to vote to get on coinwarz.

[FlyingMongoose]

Everything resized to be more screen friendly.

I just realized that Nautilus coin is not on coinwarz web site, many MANY MANY people look their DAILY for profitability, I like their nethash charts. Right now Nautilus coin is NOT listed there, if they were, this could help with net hash! Voting is FREE and can be done once per hour, it just takes 5 seconds to vote, no need for sign ups and other noncense.

Vote Here: http://www.coinwarz.com/voting

Have a great weekend everyone!

Great call. I didn't know you had to vote to get on coinwarz.

Already voted a few times

Also due to new page and keeping things rolling, here's this again. Lets make this happen people!

I am excited to announce that Nautiluscoin will be sponsoring Jon Fitch, the No.2 Mixed Martial Arts (MMA) World Ranked Welterweight, in his upcoming fight on July 5th on NBC.  Like many of us, Jon has recently caught the digital currency bug and with this sponsorship he will become the first professional athlete to be paid in a digital currency.  It’s my hope that the Nautiluscoin community will embrace Jon with the same enthusiasm it has shown for the coin itself.

     Over the next few days, anyone who holds Nautiluscoin will be able to be a part of the sponsorship.   We have created a Nautiluscoin wallet for this sponsorship which we have placed 20,000 Nautiluscoins. From now until 5pm Sunday June 22nd the wallet will be open for Nautiluscoin holders to send coins and be a part of the sponsorship.  Our goal is to raise the equivalent of $10,000 so that Nautiluscoin will have prime placement on Jon’s attire and banners during the World Series of Fighting.
    
    With this sponsorship Nautiluscoin begins its journey toward acceptance as a medium of exchange. In the next few months retailers will be able to accept Nautiluscoin for both online and offline transactions. As well several new ventures will be launched that will use Nautiluscoin exclusively.  This is an exciting time for digital currencies and Nautiluscoin is fortunate to have such a supportive community.

Sponsorship Address: NNpRo99pmbkX4ncn7ui6w9o6djYK48gwCP

Today Jon is doing a radio interview where he will announce this deal.  As well, today at 12 pm Las Vegas time he will hold a press conference where he will wear a Nautiluscoin hat.


Link to Radio interview: http://mmajunkie.com/radio



While I have begun the sponsorship process I want the community to have a chance to take part.  Any amount you send will automatically qualify you to say "Hey, I sponsored Fitch!!!

-BK

[CryptoLTD]

I just realized that Nautilus coin is not on coinwarz web site, many MANY MANY people look their DAILY for profitability, I like their nethash charts. Right now Nautilus coin is NOT listed there, if they were, this could help with net hash! Voting is FREE and can be done once per hour, it just takes 5 seconds to vote, no need for sign ups and other noncense.

Vote Here: http://www.coinwarz.com/voting

Have a great weekend everyone!

Great call. I didn't know you had to vote to get on coinwarz.

I think the voting thing is new..not 100% sure.. im out of the mining loop, as my rig dont move any more & stays on NAUT, so.. my nose is in exchanges more than anything else. Every hour, 1 vote per person! Lets make it happen

[RodrigoHenrik]

Nautiluscoin is now available on



NAUT/BTC: https://bleutrade.com/exchange/NAUT/BTC
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[Soul_eater_123]

Too much too big so I'm linking straight to it - https://bitcointalk.org/index.php?topic=591114.msg7419633#msg7419633

This is awesome! speaking of which... I sponsored Fitch!

Me too! Brilliant idea:)

[FlyingMongoose]

Too much too big so I'm linking straight to it - https://bitcointalk.org/index.php?topic=591114.msg7419633#msg7419633

This is awesome! speaking of which... I sponsored Fitch!

Me too! Brilliant idea:)

Only issue I have is that it is too short a period in which to submit NAUT since posting. Especial since the fought is in July. A whole week at least would be better.

[BK_PHI]

Too much too big so I'm linking straight to it - https://bitcointalk.org/index.php?topic=591114.msg7419633#msg7419633

This is awesome! speaking of which... I sponsored Fitch!

Me too! Brilliant idea:)

Only issue I have is that it is too short a period in which to submit NAUT since posting. Especial since the fought is in July. A whole week at least would be better.

I would like to have more time too, but other sponsors want the space so we needed to have a quick deadline.

[BK_PHI]

PoS Update -

We have three people working on PoS today which includes setting up the testing environment.  Hopefully I will have some more information later today. If it can be accomplished I would like to move to PoS BEFORE the fight - as well there is a PoS multipool being setup for July launch.

Also - I will use all my media channels to get the word out on the sponsorship today.  I will try to use social media at strategic times to get the most views.

And finally, it is an absolutely spectacular day in the northeast US so I will be spending a little time at the beach

-BK

[mdtspain]

PoS Update -

We have three people working on PoS today which includes setting up the testing environment.  Hopefully I will have some more information later today. If it can be accomplished I would like to move to PoS BEFORE the fight - as well there is a PoS multipool being setup for July launch.

Also - I will use all my media channels to get the word out on the sponsorship today.  I will try to use social media at strategic times to get the most views.

And finally, it is an absolutely spectacular day in the northeast US so I will be spending a little time at the beach

-BK

Great progress this week BK...my compliments.....

Now take a day off and enjoy the beach with the family  

[Kryptonite]

i love mma i bought some NAUT for sponsoring and for personal investment, i would like to see a streaming link on fight night.

[Kryptonite]

also if there is footage of todays jon fitch press conference, upload it please. thanks

[BTCrawl]

also if there is footage of todays jon fitch press conference, upload it please. thanks

I'll try to watch it later and will post it here if I find a link :-)
Edit: Here is one http://www.youtube.com/watch?v=FMPVyKPt3oE

[Lord Of The Internet]

also if there is footage of todays jon fitch press conference, upload it please. thanks

I'll try to watch it later and will post it here if I find a link :-)
Edit: Here is one http://www.youtube.com/watch?v=FMPVyKPt3oE

Everything coming together lately has had a very positive impact on the price.  we're at 20k satoshi's now and it looks like we're still very much oversold. 

it looks like investing in NautilusCoin was a good move after all