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Author Topic: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!  (Read 2039735 times)
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AwesomeNAV
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August 24, 2017, 04:58:33 AM
 #23461

fantastic stuff guys!

Thanks for all of your continued hard work

did your nav coins arrive on polo yet?

Lol no not arrived yet. Its not a problem with Nav its Poloniex - they have zero support! 3 weeks and still no reply or my coins!

damn 3 weeks? I'm only at my first week waiting, guess I have to lower my expectations even more. Or worse give up that Polo will never answer the tickets I filled or get my nav coins back.

That's crazy! I am on week two now, I guess it'll be a long wait Smiley
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sempron
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August 24, 2017, 06:54:00 AM
 #23462

can't the admins at least warn its nav followers and users to keep away from Poloniex for now? Cause I can see Polo likes to think everything is damn fine cause they aren't apprehended about it or didn't read our damn tickets w/c is BS.
colvano
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August 24, 2017, 07:11:42 AM
 #23463

NavTech Mobile Private Payments



This week the team has been working hard to get the NavPay mobile wallet ready for the upcoming beta test and preparing the supporting media releases. We are very excited to announce that we will be integrating NavTech Private Payments into the NavPay wallet.

READ MORE >>

That is an awesome weekly update once again. Can't wait to get my hands on the mobile wallet and make anonymous transactions from it!

NavtechServers.com - Navtech Servers: Status, Reviews, Information, Guides and News. Follow on Twitter
Ginger Ninja
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August 24, 2017, 04:15:23 PM
 #23464

fantastic stuff guys!

Thanks for all of your continued hard work

did your nav coins arrive on polo yet?

Lol no not arrived yet. Its not a problem with Nav its Poloniex - they have zero support! 3 weeks and still no reply or my coins!

damn 3 weeks? I'm only at my first week waiting, guess I have to lower my expectations even more. Or worse give up that Polo will never answer the tickets I filled or get my nav coins back.

You WILL get them back... eventually, but it takes them to have to go in manually and credit you. Why on earth they don't have an automated "flush" on all coins that looks at whats come in and gone out, notice there is a difference and alert an admin is beyond me. I know of no other company on the planet that treats its customers so badly and thinks that 45 days is "ok" in this day and age to even answer a ticket - yes there are people still waiting for tickets to be read after 45 days even now!

To reiterate the problem is NOT Nav it is POLONIEX. And not just Nav.

They harp on about how the secc has them doing this that and the other but they don't audit themselves. Tristan (Owner) earns too much money from doing nothing these days and will just sell Polo off eventually. Why hire more staff that effects his profits when he can take down all forms of communication (notice the troll box has gone?) not have a phone number and ignore all support emails?

There is nothing you can do - believe me I have tried. You just have to wait.
finist4x
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August 24, 2017, 05:14:42 PM
 #23465




Friends! Support your NAV...

https://bitcointalk.org/index.php?topic=1948108.msg21058883#msg21058883


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AwesomeNAV
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August 24, 2017, 06:47:26 PM
 #23466

Done, thanks for pointing it out.

TheNoseKnows
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August 24, 2017, 08:39:01 PM
 #23467

Yes you need wallet open to stake.
You earn 5% per year. Slightly more if you account for compounding.
Does that mean there is no maximum limit to the number of Nav coins that can exist? Is there any way to burn the coins?
bspus
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August 25, 2017, 04:43:15 AM
 #23468

Yes you need wallet open to stake.
You earn 5% per year. Slightly more if you account for compounding.
Does that mean there is no maximum limit to the number of Nav coins that can exist? Is there any way to burn the coins?

You can always burn coins if you want by sending them to an address nobody can access. That is true for all cryptos.

The 5% is the maximum if all coins staked. So burned coins or offline wallets would not stake. In reality inflation is maybe half of that 5%


Even so, I believe there is no theoretical upper limit, but even with maximum staking of 5% every year, it would take 10 years from now before we reach 100m coins, and then another 10 for 200m total.

In practice, about double the time for the same amount of total coins

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colvano
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August 25, 2017, 07:10:53 AM
 #23469

Yes you need wallet open to stake.
You earn 5% per year. Slightly more if you account for compounding.
Does that mean there is no maximum limit to the number of Nav coins that can exist? Is there any way to burn the coins?

You can always burn coins if you want by sending them to an address nobody can access. That is true for all cryptos.

The 5% is the maximum if all coins staked. So burned coins or offline wallets would not stake. In reality inflation is maybe half of that 5%


Even so, I believe there is no theoretical upper limit, but even with maximum staking of 5% every year, it would take 10 years from now before we reach 100m coins, and then another 10 for 200m total.

In practice, about double the time for the same amount of total coins

So if you stake there is no inflation for you. You will make 5% annually while supply only grows with 3%. This means there is actually deflation for you as a staker. Staking gets rewarded with coins and secures the network!

NavtechServers.com - Navtech Servers: Status, Reviews, Information, Guides and News. Follow on Twitter
Sorai
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August 25, 2017, 01:47:28 PM
 #23470

I think NAV has a lot going for it. 

However, I think the graphic design of NAV looks dated and somewhat dorky.  To me it looks behind the times, but not in a hip retro way like Digibyte's logo.  I personally wouldn't wear anything with the NAV logo I can only imagine how uncool it must appear to teenagers.   

In my opinion the whole presentation of the coin needs a top-down reworking by a top designer.   

randywald
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August 25, 2017, 01:58:50 PM
 #23471

Seems NAV price at alcurex is cheaper than bittrex. I just bought a handful there Grin.

https://alcurex.com/#NAV-BTC

renk
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August 25, 2017, 03:59:23 PM
 #23472

I think NAV has a lot going for it. 

However, I think the graphic design of NAV looks dated and somewhat dorky.  To me it looks behind the times, but not in a hip retro way like Digibyte's logo.  I personally wouldn't wear anything with the NAV logo I can only imagine how uncool it must appear to teenagers.   

In my opinion the whole presentation of the coin needs a top-down reworking by a top designer.   




Don't agree at all, personally love the simplicity and colour scheme, i think it is future proof and great.

NAV is using very modern graphics, relevant today in front end development. ( startup style ), Purple / Pink / Gradient...

Would actually love to wear a Nav t-shirt and think that, Cool tech oriented people would do too.

 Grin



renk
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August 25, 2017, 07:44:27 PM
 #23473

(posted on reddit)

was this idea discussed before ?



(Mockup)

Was looking again into TenX and i think that a Crypto Debit card would be a great incentive to buy, hold and spend NAV.

Could bring a lot of new holders to the project, and also great service for everyday's purchases.

Happy to discuss about what you guys think .

Idea : There could be an update in the future where there is a new tab on the NAV wallet.
In this new "Send to NAV card" tab, one could "top up" his NAV visa card and start using it, similar to TenX.
algreen
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August 25, 2017, 09:43:43 PM
 #23474

(posted on reddit)

was this idea discussed before ?



(Mockup)

Was looking again into TenX and i think that a Crypto Debit card would be a great incentive to buy, hold and spend NAV.

Could bring a lot of new holders to the project, and also great service for everyday's purchases.

Happy to discuss about what you guys think .

Idea : There could be an update in the future where there is a new tab on the NAV wallet.
In this new "Send to NAV card" tab, one could "top up" his NAV visa card and start using it, similar to TenX.

Nav debit card is a good idea, but this payment system need to accept many crypto-currencies, not only Nav coin. If this system will be competitive for example with Tenx then it will be successful.
NAV_whale
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August 26, 2017, 12:07:48 AM
 #23475

I use gyft.com to spend my cryptocurrencies.  I convert my navcoins to bitcoins and then buy a "gYft" giftcard with the bitcoins.  With a gyft giftcard I can buy giftcards from dozens of retailers, including Amazon, Ebay, Macys and Walmart.  Sure, the process is not as fast as a debit card, but it works and, on occasions, I convert somewhere between $500-$1500 worth of navcoins to buy giftcards on gyft.com without a problem.
I AM THE TRUTH
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August 26, 2017, 01:07:37 AM
 #23476

Hi Nav, This coin needs to be on a few Chinese Exchanges. Polo and Bittrex  traders clearly
don't appreciate the amazing tech this coin has.
And the Pink and Purple gradient got to go. Pls use shades of Blue, or shades of Green.
We all know that Pink and Purple are not colors most guys would like. Nothing is wrong with these 2 colors IMHO, just that many guys won't wear pink or purple.

                        Roll Eyes
colvano
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August 26, 2017, 09:52:49 AM
 #23477

NavPi Tutorials



Hello everyone,

The NavPi Tutorials are online! All tutorials can be found on https://navtechservers.com/tutorials/NavPi/.
There will be more tutorials about making a backup and restoring a wallet.

.-.-.-.-.-.-.-.-.-.-.-.-.-.

NavPi unboxing: https://www.youtube.com/watch?v=LajSbo4mvZ0
NavPi setup: https://www.youtube.com/watch?v=XdgRAmopMdQ
Build your own NavPi: https://www.youtube.com/watch?v=hUx5MATsy54

Thanks again for the donations so I was able to buy the NavPi from the Nav Coin store and create the videos.



NavtechServers.com - Navtech Servers: Status, Reviews, Information, Guides and News. Follow on Twitter
aq2725
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August 26, 2017, 11:15:38 AM
 #23478

sorry i am just getting in to cryptos and i came across this... what is navPI?

colvano
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August 26, 2017, 01:14:34 PM
 #23479

sorry i am just getting in to cryptos and i came across this... what is navPI?



Nav Coin is a Proof of Stake cryptocurrency. This means you mine Nav Coins by staking. This does not require any fancy equipment or expensive hardware but can be done on a device as light as a raspberry pi. The NavPi is just the name for a Raspberry Pi 3 device running the Nav Coin software for mining. You can buy the NavPi, a raspberry Pi with pre-installed software from the Nav Coin store (http://store.navcoin.org/), or build one yourself Smiley

NavtechServers.com - Navtech Servers: Status, Reviews, Information, Guides and News. Follow on Twitter
alzedo
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August 27, 2017, 06:59:48 AM
 #23480

If you want you can mine nav from navpi or from your pc. Just you need is the NACcoin core in your pc and some coins in the wallet. Simple.

You can also use for mining an old medieval pc lol
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