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

[Doging]

Is there a reason that nautilus needs to be so steadfastly tied to bryce? There was a serious backlash when the blake coins were tied to NAUT before it had even built up much momentum. After the disaster that happened a few days ago I am finding this to be a strange announcement personally.

I suppose I'm just wondering when nautilus is going to have a chance to have its own brand identity. The price shows other people also feel uncertain, it's taken a right dive after all the work that was put in trying to stabilize it a short time ago.

I think it has more to do with the inflation being about 1% daily.

The dev situation didn't help confidence either. Do you think BK's business plan will be NAUT's brand identity? The Fitch fight was a petty smart move but POS seems to have been a huge distraction since then.

Yeah, it certainly messed things up a bit. As someone who's worked on a few fairly large projects in IT I can understand how tricky it is when a dev is giving you dates, and you're forced to choose between waiting and finding another person for the job. I think everyone can see that though, and as soon as we've got PoS going all of that will be forgotten and the real work will begin. The way I see it the time before PoS is just a way to distribute the coins among investors, as most of the mid-term projects are tied to the PoS implementation. Also, both BK and Bryce confirmed that they'll implement a dynamic PoS code, which will give Naut a technical, as well as economical, selling point.

So to summarize, in a month (?) Naut will hopefully have the following sellingpoints:
* A unique, dynamic PoS algorithm that may or may not be based on PoS 2.0.
* Fast transaction times.
* At least one multipool, that will push the price up and create volume.
* The NSF, which is not only unique to Naut but very hard to replicate because it's based on trust in the team behind it.
* A creator with resources, reputation and connections unheard of in the altcoin market.
* A very dedicated community.

That's a pretty damn good starting point if you ask me, even though I probably missed a couple of things

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

[Soul_eater_123]

Maybe Blocktech can also set up a multipool? Anyone knows?

Might just be easier to ask Coinking.io to allow payouts in NAUT.

[BTCrawl]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No, it means that the dividend differs based on external events. Vericoin has something similar, where the more people that stake the higher the payout will be. I'm not sure exactly how they're going to structure it, so I'm really looking forward to more details

[Soul_eater_123]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No, it means that the dividend differs based on external events. Vericoin has something similar, where the more people that stake the higher the payout will be. I'm not sure exactly how they're going to structure it, so I'm really looking forward to more details

Yes I think that would be a good idea.  The Vericoin system rewards increase for everyone (the percentage goes up) when more people stake.  Would be good to reward holders this way with NAUT.  Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

[CryptoLTD]

Its ok, you dont need to 'allow me', I will just represent the facts. Their all here, some even on recorded video.

Exhibit A) Stating A public P&D & buy back, of his coin with naut, on an adderess that no longer has the funds: http://youtu.be/UMjrjpCPjpo?t=48m22s  Claimed Fund Address NasWubPMuMaExrP94u6F2jFoeKM154r9up

Exhibit B) Stating he does NOT do P&D's ever, and they are evil and destructive: http://youtu.be/fmb0xQvBGss?t=6m18s

Furthermore, Mr Seaman is not a Journalist, if he was, he would be asking the tough questions, such as " Why are you clearly stating on my video-casts, 2 completely different things "

URL Proof of the statement of the buyback: https://bitcointalk.org/index.php?topic=616288.0

Photo of the statement (for the ones that dont want to go to the link)

URL of proof that these coins (Naut) are gone: http://nautinsight.buddylabsapps.com/address/NasWubPMuMaExrP94u6F2jFoeKM154r9up

Photo ( for the ones that dont want to go to the link )

[Doging]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No, it means that the dividend differs based on external events. Vericoin has something similar, where the more people that stake the higher the payout will be. I'm not sure exactly how they're going to structure it, so I'm really looking forward to more details

Yes I think that would be a good idea.  The Vericoin system rewards increase for everyone (the percentage goes up) when more people stake.  Would be good to reward holders this way with NAUT.  Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

Sounds very interesting and I'd love to have some genuine technical innovation behind this coin. I bought more at 12k and I'm more than happy with that btw.

[Vlad2Vlad]

Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

Yeah, can people stop the whining and can Bryan Kelly maybe hold off on any stabilizing buys for just 1 week.  Let the price find its natural bottom for just a short while.

My first buy was at 30,000 Satoshi and I didn't have any BTC to buy when it dropped so it would be nice to see the price hit 8,000 one more time.

Those who believe in this coin will buy more at that price - I know I would.

Cheers!

[newra]

<<< FUD about DIRAC buyback in Bryce's NAUT wallet >>>

Here is the transaction showing that it was in his change address:
http://nautinsight.buddylabsapps.com/tx/e46cdf4acfb86449fe730660e47e7b7ca65b2ff23123cde15cc4c7c69acccca1

He posted on twitter he is temporarily moving it to Bittrex and back. (https://twitter.com/BryceWeiner/status/492789128552263681)
So I checked the single most reliable source of truth "The BlockChain", and ofcourse the 25K NAUT was still in that wallet.

Now that, that's behind us let's move on with NAUT POS

[IncreaseMyT]

Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

Yeah, can people stop the whining and can Bryan Kelly maybe hold off on any stabilizing buys for just 1 week.  Let the price find its natural bottom for just a short while.

My first buy was at 30,000 Satoshi and I didn't have any BTC to buy when it dropped so it would be nice to see the price hit 8,000 one more time.

Those who believe in this coin will buy more at that price - I know I would.

Cheers!

lol

i don't think its going back to 8k but good luck to you

[cinnamon_carter]

make sure they know how to compile

HELLO WORLD first......


i would dump it now /lol

PoS Update

I have asked Blocktech to take over the PoS implementation.  They have a strong team who can execute my original vision of a dynamic PoS.  As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.


-BK

 

[Vlad2Vlad]

PoS Update

I have asked Blocktech to take over the PoS implementation.  They have a strong team who can execute my original vision of a dynamic PoS.  As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.


-BK


----------------
make sure they know how to compile

HELLO WORLD first......



 




Hahahaaaa.

Sorry, that funny made me laugh.  More truth to that than Bryan could possibly ever know.

[Doging]

We hit 20 GH/s last night.

[HKBvM]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No, it means that the dividend differs based on external events. Vericoin has something similar, where the more people that stake the higher the payout will be. I'm not sure exactly how they're going to structure it, so I'm really looking forward to more details

Yes I think that would be a good idea.  The Vericoin system rewards increase for everyone (the percentage goes up) when more people stake.  Would be good to reward holders this way with NAUT.  Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

I am not quite sure why the money supply should increase faster when more people are "saving". Seems weird from an economic perspective to me. Besides it didnt really work out, as roughly 30% of the total supply was parked at mintpal alone when the attack happened.

[resya]

Also to all the people complaining about price - SHUT UP!  I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

Yeah, can people stop the whining and can Bryan Kelly maybe hold off on any stabilizing buys for just 1 week.  Let the price find its natural bottom for just a short while.

My first buy was at 30,000 Satoshi and I didn't have any BTC to buy when it dropped so it would be nice to see the price hit 8,000 one more time.

Those who believe in this coin will buy more at that price - I know I would.

Cheers!

We're hitting the ground at 10k - 11k already and it wouldn't go any lower. It's prefect time to jump in and save yourself, or you will miss the NAUT train in near future, next week will be a different week

[PilotofBTC]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

[BTCrawl]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

Yeah I'm also very curious on how they're going to structure it

[CryptoLTD]

PoS Update

I have asked Blocktech to take over the PoS implementation.  They have a strong team who can execute my original vision of a dynamic PoS.  As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.


-BK

Well BK you have now killed NAUT for me and many others.  I can't buy into anything involving the Weiner any more.

+10000 

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

[BTCrawl]

PoS Update

I have asked Blocktech to take over the PoS implementation.  They have a strong team who can execute my original vision of a dynamic PoS.  As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.


-BK

Well BK you have now killed NAUT for me and many others.  I can't buy into anything involving the Weiner any more.

+10000 

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

I forgot if it was you or someone else who claimed that Bryce was lying about the 25k Naut he'll buy Dirac for in August. Anyhow, here it is: https://twitter.com/jyap/status/492835405893361664

[Doging]

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

He also said he'd like to link it to supply and demand back in the thread. If it was a widely available rate would it still have to go through a centralized server?

[Doging]

PoS Update

I have asked Blocktech to take over the PoS implementation.  They have a strong team who can execute my original vision of a dynamic PoS.  As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.


-BK

Well BK you have now killed NAUT for me and many others.  I can't buy into anything involving the Weiner any more.

+10000 

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

I forgot if it was you or someone else who claimed that Bryce was lying about the 25k Naut he'll buy Dirac for in August. Anyhow, here it is: https://twitter.com/jyap/status/492835405893361664

Who would prefer the previous dev situation to the current even if they really don't like Bryce?