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BTCrawl
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July 06, 2014, 01:57:25 PM |
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Do you think we should be on bter by now?
No idea, and to be honest I don't think the Chinese market is worth pursuing right now anyway due to the regulatory climate over there. One of the reasons why coins like Litecoin are falling is that they've been almost completely propped up by Chinese speculators. They moved offshore I think. Interesting. I'll admit I didn't know that. They have a voting site here: https://bter.com/voting Maybe we should direct our voting attention over there instead of the mining site now that PoS is almost complete? Nautiluscoin isn't even on their vote list We might be able to get an instant add if enough people e-mail and tweet them, or we'll get added to the voting list and can take it from there  Edit: Actually, looking closer at the list of utter shitcoins at their votinglist I hope they'll add us without voting  |
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IncreaseMyT
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July 06, 2014, 02:40:00 PM |
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Stoch RSI about cross and we should shoot back up
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Jiggy0001
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July 06, 2014, 03:38:27 PM |
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Morning -
I want to thank the whole community for all the support with the Fitch Fight - I think it was a resounding success!! That being said, I am not going to spike the ball on the 5 yard line, we still have a lot to accomplish.
First and foremost is the switch to PoS - the fact that miners have such a huge influence on the blockchain is everything decentralization is NOT supposed to be. Right now I am the largest miner on the network - which makes me a single point of failure...not good...PoS should solve this issue.
Second - stability. I am extremely pleased with the market cap going from $0 to $1,000,000 in 60 days BUT the 30% drop overnight is unacceptable. It is still early days, but merchants will not want to hold NAUT if there is this much volatility. The NSF is able to cushion the blow, but with 4m coins and volumes over 100 BTC it is having less of an impact. The PoS multipool should help this situation, as well removing the miners from auto-selling will have a big impact.
Once we make the switch to PoS I hope to have a lot more stability...if we do not I will come up with something else.
Going forward my plan is this:
-Focus on high profile PR like the Fitch Fight
-Parlay the Fitch publicity into a major retailer/ecommerce player accepting NAUT...I would prefer this deal to be exclusive, i.e. NAUT is the only cc accepted
-Compete with Economics - I want NAUT to be the coin with sound economic fundamentals...this will attract investment dollars; once I attract bigger investment dollars I will have the demand to create a structured investment vehicle for NAUT. I have the structure ready to go, but need the investment demand first. It is a bit of a chicken and egg situation...but for now the investment demand is most important.
Enjoy your Sunday,
-BK
come on man... don't play the optimistic guy. you and we all here know why we are here for. So you simply fucked some people up with your insane P&D schedule. Of course it was obvious that people were going to dump the coin. No one is interested in another "Pro" coin. But now some people are loosing money, just because of your "deadlock". I am mean you can loose money in a P&D, but raping the chain is simply stupid... |
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BTCrawl
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July 06, 2014, 03:46:12 PM |
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come on man... don't play the optimistic guy. you and we all here know why we are here for. So you simply fucked some people up with your insane P&D schedule.
Of course it was obvious that people were going to dump the coin. No one is interested in another "Pro" coin.
But now some people are loosing money, just because of your "deadlock".
I am mean you can loose money in a P&D, but raping the chain is simply stupid...
There's so many things wrong with this post I don't know where to start... |
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Jiggy0001
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July 06, 2014, 03:57:15 PM |
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come on man... don't play the optimistic guy. you and we all here know why we are here for. So you simply fucked some people up with your insane P&D schedule.
Of course it was obvious that people were going to dump the coin. No one is interested in another "Pro" coin.
But now some people are loosing money, just because of your "deadlock".
I am mean you can loose money in a P&D, but raping the chain is simply stupid...
There's so many things wrong with this post I don't know where to start... no, you may simply collect your ideas and make a list.  |
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IncreaseMyT
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July 06, 2014, 04:25:23 PM |
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come on man... don't play the optimistic guy. you and we all here know why we are here for. So you simply fucked some people up with your insane P&D schedule.
Of course it was obvious that people were going to dump the coin. No one is interested in another "Pro" coin.
But now some people are loosing money, just because of your "deadlock".
I am mean you can loose money in a P&D, but raping the chain is simply stupid...
There's so many things wrong with this post I don't know where to start... Lol I know, he probably just butt hurt he sold his coin at the bottom and can't get them back unless he pays more lol But now people are losing money? Lol did you think everyone was going to win? They key is to buy it low and forget about it for a while, trying to day trade a coin with this low volume at the moment would be very time consuming and IMHO not worth the time. |
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IncreaseMyT
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July 06, 2014, 04:30:45 PM |
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Patience is a virtue, li lost about 10 BTC buying this on the way down, but I bought so much more all the way down to 8k I am now up.
If I would have sold right away I would have lost 5k. Now I've made about that much, and I plan on making much more.
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BTCrawl
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July 06, 2014, 04:45:11 PM |
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come on man... don't play the optimistic guy. you and we all here know why we are here for. So you simply fucked some people up with your insane P&D schedule.
Of course it was obvious that people were going to dump the coin. No one is interested in another "Pro" coin.
But now some people are loosing money, just because of your "deadlock".
I am mean you can loose money in a P&D, but raping the chain is simply stupid...
There's so many things wrong with this post I don't know where to start... Lol I know, he probably just butt hurt he sold his coin at the bottom and can't get them back unless he pays more lol But now people are losing money? Lol did you think everyone was going to win? They key is to buy it low and forget about it for a while, trying to day trade a coin with this low volume at the moment would be very time consuming and IMHO not worth the time. Yeah, pretty much. As far as BK's plan I think it's great. He addressed the problem (PoW and the mining issues) and announced that he's making it his top priority to fix it. That's about as well as one can handle a problem, so I really don't see the need for Jiggy's post. We've made it for a while without any trolls though, so I suppose it was time for one To Jiggy - Just chill for a couple of week until PoS is properly implemented, and you'll most likely be very happy with the result. |
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Doging
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July 06, 2014, 05:05:43 PM |
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Patience is a virtue, li lost about 10 BTC buying this on the way down, but I bought so much more all the way down to 8k I am now up.
If I would have sold right away I would have lost 5k. Now I've made about that much, and I plan on making much more.
Same here, bought every dip and I'm back in profit. Love this coin. |
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Jiggy0001
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July 06, 2014, 05:07:45 PM |
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IncreaseMyT... you seem to be a REAL troll.
Man i simply cannot read/hear those trendy words anymore... "butthurt". yeah, you totally got the point.
I bought my NAUTs several weeks ago. I didnt loose, and my coins are still stuck.
and thats what i am complaining. A guy like BK who is "famous" for his trading skills is killing/raping his own chain? Lol, what the hell is going on?
I simply don't believe in those "optimistic" announcement, i just want to trade.
If it pays out that my coins were stuck it will be ok.
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BTCrawl
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July 06, 2014, 05:15:20 PM |
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and thats what i am complaining. A guy like BK who is "famous" for his trading skills is killing/raping his own chain? Lol, what the hell is going on?
I find this to be a very strange statement. You do realize he's paying out of his own pocket to rent an ASIC farm to help the blockchain along until the PoS switch do you? Also, with all the Naut he's mining I think he's more interested than all of us to make this coin a success. I understand your frustration, but please do try to be more polite in your communication here because these types of posts are the very definition of nonconstructive. |
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scrypto
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July 06, 2014, 05:20:42 PM |
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Patience is a virtue, li lost about 10 BTC buying this on the way down, but I bought so much more all the way down to 8k I am now up.
If I would have sold right away I would have lost 5k. Now I've made about that much, and I plan on making much more.
Same here, bought every dip and I'm back in profit. Love this coin. Me too. It just keeps looking stronger and stronger. Finally a coin with some scope. |
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IncreaseMyT
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July 06, 2014, 05:21:22 PM |
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Troll lol
"I just want trade"
As I said in my previous post, if your day trading any amount of value then your gonna lose with this volume, maybe it's a good thing your coins are stuck, cause if your dumping at this moment, your leaving money in the table.
The RSI is literally pancaked
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jdebunt
Legendary
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Activity: 1596
Merit: 1010
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July 06, 2014, 05:28:35 PM |
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cryptorookie
Newbie
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Activity: 33
Merit: 0
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July 06, 2014, 05:30:23 PM |
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and thats what i am complaining. A guy like BK who is "famous" for his trading skills is killing/raping his own chain? Lol, what the hell is going on?
I find this to be a very strange statement. You do realize he's paying out of his own pocket to rent an ASIC farm to help the blockchain along until the PoS switch do you? Also, with all the Naut he's mining I think he's more interested than all of us to make this coin a success. I understand your frustration, but please do try to be more polite in your communication here because these types of posts are the very definition of nonconstructive. +1 I have faith in BK. These guys will not alter my confidence in this currency. I have made plenty of BTC investing in coins because of the developer(s)/figure behind the coin and what they want to accomplish. BK has great ideas for this coin. |
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BTCrawl
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July 06, 2014, 06:33:36 PM |
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BK - Was Julian open to help audit the code? |
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BK_PHI (OP)
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July 06, 2014, 06:58:33 PM |
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BK - Was Julian open to help audit the code? yep, he is going to build the Mac wallet and then take a look at the code to see if he can audit it |
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BTCrawl
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July 06, 2014, 07:04:36 PM |
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BK - Was Julian open to help audit the code? yep, he is going to build the Mac wallet and then take a look at the code to see if he can audit it Great news! Sorry for all the questions, but do we have an estimate on how long it might take before PoS is ready? Again, doesn't really matter to me since I'm in for the long haul, but I know a lot of people are curious |
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BK_PHI (OP)
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July 06, 2014, 07:11:52 PM |
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BK - Was Julian open to help audit the code? yep, he is going to build the Mac wallet and then take a look at the code to see if he can audit it Great news! Sorry for all the questions, but do we have an estimate on how long it might take before PoS is ready? Again, doesn't really matter to me since I'm in for the long haul, but I know a lot of people are curious No problem on the questions - happy to answer anything that I can. Unfortunately, I don't have a very good estimate on PoS ...I am not the one fixing the bug. I hope this week as we were ready on Friday until the bug was discovered. |
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BTCrawl
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July 06, 2014, 07:14:22 PM |
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BK - Was Julian open to help audit the code? yep, he is going to build the Mac wallet and then take a look at the code to see if he can audit it Great news! Sorry for all the questions, but do we have an estimate on how long it might take before PoS is ready? Again, doesn't really matter to me since I'm in for the long haul, but I know a lot of people are curious No problem on the questions - happy to answer anything that I can. Unfortunately, I don't have a very good estimate on PoS ...I am not the one fixing the bug. I hope this week as we were ready on Friday until the bug was discovered. Thanks! I'm sure it will work out for the best. |
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