[$NAUT] Nautiluscoin - First Coin w/Stabilization Fund - MODERATED

[HKBvM]

Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.

i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.

At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.

[halinyo]

Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.

i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.

At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.

I also agree, if coins like BC, PPC or NXT is plummeting, then NAUT is very normal to plummet, no regular updates, etc as I mentioned in the other thread.
Hoping that this price recovers, I still hold my 90k NAUT (bought back again for the hope to recover my loss) even though I lost my faith in BK, waiting for Miracle to happen or I lose it all.

Update: Price is 4.3-4.6k now. More dump will follow if no updates etc.. Not being negative, just being realistic.

[Doging]

Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.

i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.

At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.

I also agree, if coins like BC, PPC or NXT is plummeting, then NAUT is very normal to plummet, no regular updates, etc as I mentioned in the other thread.
Hoping that this price recovers, I still hold my 90k NAUT (bought back again for the hope to recover my loss) even though I lost my faith in BK, waiting for Miracle to happen or I lose it all.

Update: Price is 4.3-4.6k now. More dump will follow if no updates etc.. Not being negative, just being realistic.

Hopefully we'll get some news before Christmas holidays begin but I don't see the need for an update because someone cashed out a few thousand NAUT.

Would be nice if BK or Julian tried posting on this thread because they won't get personally insulted here.

[almightyruler]

I've just installed NAUT for the first time, couple of minor niggles with the source code:

1) KGW uses printf instead of LogPrintf for debugging. This means that under *nix, it periodically prints info about KGW to the terminal that started the daemon... even though the daemon is running in the background and the terminal is now doing something else.

2) The help in init.cpp, rpcclient.cpp and rpcnet.cpp still specifies default ports of 8332/18332 8333/18333 for RPC and P2P respectively. These are not the ports that NAUT uses.

Just silly little mistakes, really. Disregard if this coin is going to be "rebooted" from another coin's source.

By the way, moving to PoS doesn't mean that mining has to "stop." PoS rewards do not necessarily have to be a tiny percentage of the block you're staking. Look at coins such as ORB and CLAM - they have a fixed reward, regardless of your stake size. If you can mint a PoS block, you are granted a normal reward (with ORB: 1 PoW block = 1 ORB, 1 PoS block = 1 ORB)

[almightyruler]

Perhaps more importantly, none of the addnodes in the OP work, and neither do the DNS seeds. I only managed to connect by addnode'ing every possible IP (from other coins) that I could find, hoping that one would happen to be running NAUT. Here are some current valid peers:

# coin: nautiluscoin
addnode=108.61.10.90
addnode=71.175.81.45
addnode=54.84.160.240
addnode=47.17.84.135
addnode=54.201.183.106
addnode=192.95.29.153
addnode=213.136.73.125
addnode=192.99.0.112
addnode=192.99.13.67
addnode=92.59.89.58
addnode=50.197.11.193
addnode=94.23.16.195
addnode=94.242.188.78
addnode=188.226.235.34
addnode=50.130.80.255
addnode=82.19.214.103

[IncreaseMyT]

got to remove my first post  I'm surprised it took that long

[Vlad2Vlad]

got to remove my first post  I'm surprised it took that long

I was your first?

Yaaaay!!!


Here you go communist, delete one more.  Hahahaa.

[IncreaseMyT]

got to remove my first post  I'm surprised it took that long

I was your first?

Yaaaay!!!


Here you go communist, delete one more.  Hahahaa.

lol this one I'm ok with, try again

[Vlad2Vlad]

lol this one I'm ok with, try again

You're flipping letting me down, man.  lol

Ok, since you're a man about it what's the deal with NAUT, I haven't been able to buy a 5,000 block in 4 days now and I'm almost always the top bid.  Are any of you big buyers or is this BK and his Stabilizing fund?

Cheers!

[IncreaseMyT]

lol this one I'm ok with, try again

You're flipping letting me down, man.  lol

Ok, since you're a man about it what's the deal with NAUT, I haven't been able to buy a 5,000 block in 4 days now and I'm almost always the top bid.  Are any of you big buyers or is this BK and his Stabilizing fund?

Cheers!

I don't know, it would be nice to get an update regardless of how busy BK is, i am surprised we didn't get one yet.

[Lord Of The Internet]

I don't know, it would be nice to get an update regardless of how busy BK is, i am surprised we didn't get one yet.

Surprised? ... Really?!?!?   You can't be serious.

[IncreaseMyT]

Yes I am a little, at least jyap

[FlyingMongoose]

Yes I am a little, at least jyap

I haven't had any more info yet (other than what I already posted). Whether it is on a new forum, the development, or what, I've had nothing. it is the holidays though, plus the last month of the year. I've been super busy with my work, as are many in the financial industries because... well... for businesses all the stuff involving taxes for the year has to start to get in order pretty much now.

One company I work for actually is a recruiting agency that the recruiters actually while all using the company's name have to buy into the utilities and resources the company it provides, effectively operating themselves as independent businesses. This ends up with me being super busy for some of my support roles for that company and programming roles because a lot of these people want these things done before the end of the year so that they can file them on the taxes for this year (not next).

You can all tell me I've got excuses all you want, but a job is a job. I'd be working more on Nautijobs if it got me paid, but it doesn't right now.

[HKBvM]

Yes I am a little, at least jyap

He is not exactly a frequent poster on BCT, like 5 posts this month. Would still be nice.

This

https://bitcointalk.org/index.php?topic=896480.0

has absolutely nothing to do with NAUT (not now at least). It is about our beloved pumpgroups mainly about bob. Might not be braking news for those who are around longer, I think it was a good read, so I thought I'd share it.

edit: just saw barabbas thinks it is magnificient. 

[Doging]

Yes I am a little, at least jyap

He is not exactly a frequent poster on BCT, like 5 posts this month. Would still be nice.

This

https://bitcointalk.org/index.php?topic=896480.0

has absolutely nothing to do with NAUT (not now at least). It is about our beloved pumpgroups mainly about bob. Might not be braking news for those who are around longer, I think it was a good read, so I thought I'd share it.

edit: just saw barabbas thinks it is magnificient. 

Good read thanks.

[halinyo]

Interesting and surprising to see, there are people still interested in this coin!

[kehtolo]

Interesting and surprising to see, there are people still interested in this coin!

Well, how is Digibyte doing these days?

[halinyo]

Interesting and surprising to see, there are people still interested in this coin!

Well, how is Digibyte doing these days?

Pretty good, a lot is happening and soon to be announced.
In the past month, a lot has happened.

[Equalizer1970]

Man. Somebody is buying NAUT like crazy. Santa in the house?

[Doging]

I think Barrabas just got doxxed. 

https://bitcointalk.org/index.php?topic=591114.msg9886064#msg9886064