BitcoinNational
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January 08, 2015, 09:40:43 AM Last edit: January 08, 2015, 10:02:11 AM by BitcoinNational |
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It would be really nice if we got an update from BK. Is once a week too much to ask for?
Nope its not too much to ask for and honestly its pretty ridiculous we haven't got one. I personally am at the point I wish someone would just fork the coin And i was getting shit for suggesting that in the unmoderated thread?!?!?!? Now, does it seem like such a bad idea for me to takeover the current network, implement simple POS, start a new chain, and do a coin swap? BK can even have the shit back if he wants it after i'm done. NAUT could be a real killer. By going POW/POS hybrid ... something like Diamond. That means micro small rewards (where it is already) for the POW network And stakes for the stakeholders ... what % doesn't really matter ... but 5% is nice. The stake keeps the chain moving even if you running into some difficulty POW problems. POW keeps the network safest. Now you have a real instrument $BIG money might be attracted too. (NAUT=Peer better than NAUT=Vericon)
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shaan.is.one
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January 08, 2015, 10:03:06 AM |
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how name first wishing to come same as name....(Nautiluscoin - First Coin w)
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halinyo
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The future is bright with DigiByte.
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January 08, 2015, 06:37:30 PM |
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I wonder if Jon Fitch is still a believer in Naut? Could he be one of this threads active posters or just a lurker?
he probably got the wink and the nod from BK to sell his stash about 4 months ago. followed by "shhhhhh, keep quiet please". HAHA, that is hell true!
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IncreaseMyT (OP)
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January 09, 2015, 10:42:33 PM |
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quit your crying barabas
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IncreaseMyT (OP)
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January 09, 2015, 10:43:41 PM |
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It would be really nice if we got an update from BK. Is once a week too much to ask for?
Nope its not too much to ask for and honestly its pretty ridiculous we haven't got one. I personally am at the point I wish someone would just fork the coin And i was getting shit for suggesting that in the unmoderated thread?!?!?!? Now, does it seem like such a bad idea for me to takeover the current network, implement simple POS, start a new chain, and do a coin swap? BK can even have the shit back if he wants it after i'm done. NAUT could be a real killer. By going POW/POS hybrid ... something like Diamond. That means micro small rewards (where it is already) for the POW network And stakes for the stakeholders ... what % doesn't really matter ... but 5% is nice. The stake keeps the chain moving even if you running into some difficulty POW problems. POW keeps the network safest. Now you have a real instrument $BIG money might be attracted too. (NAUT=Peer better than NAUT=Vericon) do it up everyone is ready
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BitcoinNational
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January 10, 2015, 03:26:02 PM Last edit: January 23, 2015, 09:03:59 PM by BitcoinNational |
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First Julian is building very sophisticated (if not the best) stakes network / coins out there.
Second Stakes network still lack security to be a major crypto. In a word ... Vericoin. In a sentence, "More Power sells better on the market". Naut can be a real contender but it will be persistently harasses for being stakes only. (POW hash power provides this security)
I had thought a POS/POW hybrid might be the best. But it will not achieve high Hash rankings, because the rewards are low. Still for the informed investor, POS/POW hybrid will give more piece of mind.
But the smartest play is to go AuxPow into the LTC network. You can have stakes if you like or not. Doesn't matter much at that point ... then you have POWER to the network.
Random options: AuxPow into the Blake network or Groestl network or Keccak network. All these have high hash counts. Biggest hash count is you know who, and UNO is looking to do AuxPow for the Sha coins.
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halinyo
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January 12, 2015, 07:26:18 AM |
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Doging
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January 12, 2015, 10:58:17 AM |
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Hey all,
Quick update. I've been a bit busy with some other crypto related projects, holidays and some life stuff.
So what I view from a technical perspective for a coin is ensuring the longevity of it. Mining itself needs to be incentivized, otherwise effort and cost put into securing a network greatly outweighs the benefits. We are seeing this with Bitcoin where costs to mine outweigh the price output.
It should be noted that the inflation for Nautiluscoin is very low at the moment. Something like 144.0 NAUT are mined each day so this is of negligible impact on the markets. Block rewards are 0.1 NAUT.
When there is an overall downturn in Bitcoin price the overall market cap of all cryptocurrencies goes down as they are paired with Bitcoin. For example, Litecoin now trades at $1.71 from a high of $50. My point on price is that if you did not expect the price of NAUT to go down and overall market cap for cryptocurrencies to go down then you probably need a reality check.
As a holder/investor/fan of Nautiluscoin the best thing you can do is help spread the coin and the overall story of cryptocurrencies.
I have just sent an email to BK with my proposed changes to ensure the longevity of the NAUT coin network.
Thanks, Julian
Promotion should be much easier once we get some confirmation. Thanks for the update.
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TrackCoin
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January 12, 2015, 11:07:18 AM |
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hello guys......Nautiluscoin is very good coin hope everybodys waiting as me for launch it...
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pro-investor
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January 14, 2015, 07:37:05 PM |
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Can somebody take over this coin....this BK thing is getting rediculous. We need to move forward. We have been scammed by BRIAN KELLY from http://www.briankellycapital.com/ . Now let that be the past and lets move on and look for someone who want to take over this coin while it's still on the exchanges
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worth
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January 15, 2015, 08:03:31 AM |
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Can somebody take over this coin....this BK thing is getting rediculous. We need to move forward. We have been scammed by BRIAN KELLY from http://www.briankellycapital.com/ . Now let that be the past and lets move on and look for someone who want to take over this coin while it's still on the exchanges Read upthread a few posts. Julian is working on an update.
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halinyo
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January 15, 2015, 11:42:07 AM |
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Can somebody take over this coin....this BK thing is getting rediculous. We need to move forward. We have been scammed by BRIAN KELLY from http://www.briankellycapital.com/ . Now let that be the past and lets move on and look for someone who want to take over this coin while it's still on the exchanges Read upthread a few posts. Julian is working on an update. It is not an update, he is just informing, not even working on it yet... You can imagine how much time that might take Another 6 months? Oh sorry I forgot, we are here for the long HAUL! Right??? HODL! The only reason why the price is not much dumped yet is because mining pressure is so low, nobody interested. But those who are out of patient will be dumping so soon. Watch it ! Should I dump 95k of my NAUT ? Time will tell. No buy walls, 2 BTC sell of NAUT will change the price to 1k SAT right away. Watch it ! It is the best time to dump if somebody wants to get out (if you NAUT worths 2 BTC worths down to 1k)!!
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sethminer14
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January 15, 2015, 02:19:36 PM |
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Can somebody take over this coin....this BK thing is getting rediculous. We need to move forward. We have been scammed by BRIAN KELLY from http://www.briankellycapital.com/ . Now let that be the past and lets move on and look for someone who want to take over this coin while it's still on the exchanges Read upthread a few posts. Julian is working on an update. It is not an update, he is just informing, not even working on it yet... You can imagine how much time that might take Another 6 months? Oh sorry I forgot, we are here for the long HAUL! Right??? HODL! The only reason why the price is not much dumped yet is because mining pressure is so low, nobody interested. But those who are out of patient will be dumping so soon. Watch it ! Should I dump 95k of my NAUT ? Time will tell. No buy walls, 2 BTC sell of NAUT will change the price to 1k SAT right away. Watch it ! It is the best time to dump if somebody wants to get out (if you NAUT worths 2 BTC worths down to 1k)!! Actually the best time to dump would be when there is buy support and you aren't losing money
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worth
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January 15, 2015, 11:21:27 PM |
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It is not an update, he is just informing, not even working on it yet... You can imagine how much time that might take Another 6 months? Oh sorry I forgot, we are here for the long HAUL! Right??? HODL! The only reason why the price is not much dumped yet is because mining pressure is so low, nobody interested. But those who are out of patient will be dumping so soon. Watch it ! Should I dump 95k of my NAUT ? Time will tell. No buy walls, 2 BTC sell of NAUT will change the price to 1k SAT right away. Watch it ! It is the best time to dump if somebody wants to get out (if you NAUT worths 2 BTC worths down to 1k)!! Go for it.
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halinyo
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January 16, 2015, 02:32:05 PM |
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It is not an update, he is just informing, not even working on it yet... You can imagine how much time that might take Another 6 months? Oh sorry I forgot, we are here for the long HAUL! Right??? HODL! The only reason why the price is not much dumped yet is because mining pressure is so low, nobody interested. But those who are out of patient will be dumping so soon. Watch it ! Should I dump 95k of my NAUT ? Time will tell. No buy walls, 2 BTC sell of NAUT will change the price to 1k SAT right away. Watch it ! It is the best time to dump if somebody wants to get out (if you NAUT worths 2 BTC worths down to 1k)!! Go for it. Seems like I am a patient person. But I may lose it though
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halinyo
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January 17, 2015, 09:44:16 PM Last edit: January 18, 2015, 01:03:42 AM by halinyo |
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This summarizes what is happening with NAUT, the only one holding account. You guess ! I think NAUT deserves to be less than 1k. Soon! Update: Already 1k SAT at cryptsy
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halinyo
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January 19, 2015, 08:23:09 AM |
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It is from beta bittrex, you can check which accounts holding how much of thos coins. It is not the whole network.
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Lord Of The Internet
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January 21, 2015, 05:50:12 AM |
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i've sold my stash and rebought at lower prices several times over now. you all should've been doing the same this whole time.
it's just too easy to fuck with this pitiful coin.
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halinyo
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January 21, 2015, 10:28:40 AM |
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i've sold my stash and rebought at lower prices several times over now. you all should've been doing the same this whole time.
it's just too easy to fuck with this pitiful coin.
When naut gets dumped to 1 sat, you will wish not to have any naut, but will be too late.
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