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Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 228. (Read 901872 times)

legendary
Activity: 3010
Merit: 8114
It's certainly free speech, just as much as a preacher following your around trying to convert you to his particular sect is free speech. They're obviously both allowed (especially online!) but their frowned upon, for obvious reasons.

I'm not talking to you then, so save the reply next time. I'm talking to people whose minds haven't completely closed yet.
hero member
Activity: 1036
Merit: 500
So far I have the following:

This guy makes videos https://bitcointalksearch.org/topic/i-will-make-promo-videos-for-your-altcoin-677626

Here's an example https://www.youtube.com/watch?v=_83fWkw_Tlg

This guy makes android wallets and multipools https://bitcointalksearch.org/topic/limited-period-discount-on-all-coin-creation-upto-80-grab-the-deal-now-585963

No multipool example but here's his wallets https://play.google.com/store/apps/developer?id=Xon+Designs&hl=en

Quoted 1-1.2 btc for wallets and 1btc for a multipool.

If we intend to try multipoolmining.com then we could rent some scrypt asics to test out their profitability first.

Maybe we can build on this list, these are just rough prices and ideas but it's a start. We want to ready for POS at least.
full member
Activity: 154
Merit: 100
You obviously have quite a libertarian stance, which I partly sympathize with, and as such I'm sure you understand that abusing an open forum like this to get your message out is not in accord with that philosophy.

See thats funny, what you would define as "abusing an open forum" I would define as "practicing free speech and attempting to educate others about the pitfalls of regulation in bitcoin."
It's certainly free speech, just as much as a preacher following your around trying to convert you to his particular sect is free speech. They're obviously both allowed (especially online!) but their frowned upon, for obvious reasons.
legendary
Activity: 3010
Merit: 8114
You obviously have quite a libertarian stance, which I partly sympathize with, and as such I'm sure you understand that abusing an open forum like this to get your message out is not in accord with that philosophy.

See thats funny, what you would define as "abusing an open forum" I would define as "practicing free speech and attempting to educate others about the pitfalls of regulation in bitcoin."
legendary
Activity: 3010
Merit: 8114
The regulatory framework for business to utilize bitcoin beyond the speculative is really a matter of preference for some. If it gains more acceptance and gives consumers a sense of security, then what does it matter really? Bitcoin in and of itself cannot be regulated. People choosing to utilize bitcoin solely within a decentralized manner can just avoid the businesses and exchanges that operate under regulation. So I guess the question is do you actually think bitcoin is somehow threatened by this regulation? If so, how? Will the blockchain become compromised? Will the public ledger somehow cease to be useful for people? Will transactions become less convenient? I don't know.

Bingo.

Yes and yes.

Bitcoin is currently threatened by regulation, especially in NY where every word of such legislation will be written on behalf of the banking industry.

https://ounce.me/blog/new-yorks-superintendent-of-financial-services-clearly-doesnt-get-bitcoin/

The reason why bitcoin succeeds where the dollar fails is because it is not constrained by the regulatory, bureaucratic and corporate bloat associated with the dollar.

Introducing such bloat into bitcoin will only serve to make it less useful. But hey who cares if you are one of the people who stands to cheesily benefit by squeezing yourself in as a useless 3rd-party regulator?
full member
Activity: 154
Merit: 100

listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion

Then go over to your own forum. This isn't your forum.

i'm in the right forum you did the same thing other day, in this forum we discuss how we can help and make this coin better and many of us are on same page trying to talk about how to make this coin better, your did the same thing other day with your polotical agenda, i'm in right forum talking about a coin not world issues

No I mean if you don't want people to speak opinions that run contrary to your own, create your own Nautiluscoin forum at nautiluscoinforum.org. Maybe there is one already.
I don't think anyone is trying to censor you, it's more about common courtesy not to push your political views on people if they're not interested. You've made your stance clear, now please let those of us who don't want to participate in an ideological discussion not have to be included. You obviously have quite a libertarian stance, which I partly sympathize with, and as such I'm sure you understand that abusing an open forum like this to get your message out is not in accord with that philosophy.
legendary
Activity: 938
Merit: 1000

listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion

Then go over to your own forum. This isn't your forum.

The regulatory framework for business to utilize bitcoin beyond the speculative is really a matter of preference for some. If it gains more acceptance and gives consumers a sense of security, then what does it matter really? Bitcoin in and of itself cannot be regulated. People choosing to utilize bitcoin solely within a decentralized manner can just avoid the businesses and exchanges that operate under regulation. So I guess the question is do you actually think bitcoin is somehow threatened by this regulation? If so, how? Will the blockchain become compromised? Will the public ledger somehow cease to be useful for people? Will transactions become less convenient? I don't know.
legendary
Activity: 1076
Merit: 1003
We regret our ongoing troll infestation.
 
Please bear with us as we starve them of attention

Remember: DON'T FEED THE TROLLS
legendary
Activity: 3010
Merit: 8114

listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion

Then go over to your own forum. This isn't your forum.

i'm in the right forum you did the same thing other day, in this forum we discuss how we can help and make this coin better and many of us are on same page trying to talk about how to make this coin better, your did the same thing other day with your polotical agenda, i'm in right forum talking about a coin not world issues

No I mean if you don't want people to speak opinions that run contrary to your own, create your own Nautiluscoin forum at nautiluscoinforum.org. Maybe there is one already.
sr. member
Activity: 448
Merit: 250

listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion

Then go over to your own forum. This isn't your forum.

i'm in the right forum you did the same thing other day, in this forum we discuss how we can help and make this coin better and many of us are on same page trying to talk about how to make this coin better, your did the same thing other day with your political agenda, i'm in right forum talking about a coin not world issues
legendary
Activity: 3010
Merit: 8114

I don't care what kind of money Brian Kelly can bring into the cryptosphere. If its the wrong money, then its the wrong money and I'll take my chances with people who share my vision instead of his.


Then why are you here?

To increase the awareness of people who haven't been totally brainwashed by the hype yet.
hero member
Activity: 1036
Merit: 500

I don't care what kind of money Brian Kelly can bring into the cryptosphere. If its the wrong money, then its the wrong money and I'll take my chances with people who share my vision instead of his.


Then why are you here?
legendary
Activity: 3010
Merit: 8114

listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion

Then go over to your own forum. This isn't your forum.
sr. member
Activity: 448
Merit: 250

Before you do that, I suggest you talk to him on the phone or skype to understand what his "actual" viewpoints are.

OK I'm going to interpret his article and he can tell me where I'm wrong:

" Moreover, many venture capitalists have been waiting for regulatory clarity to fund digital currency start-ups"

Translation: Wall Street wants to set up a series of fees, red tape and delays that can only serve to enrich their interests in order for other people to do business.

Sorry that you haven't noticed but bitcoin ventures are are popping up left and right without anybody's guidance or permission. These are the true "entrepreneurs" who are actually trying to push the scene forward.

" The decision by the New York DFS will likely be mimicked across all 50 states and opens the door for venture capital to fund innovations that will provide long lasting societal benefits"

Translation: The Federal Government will crush any significance of bitcoin by introducing legislation that reduces its usefulness to that of fiat currency so our trend of increasing wealth disparity in our favor remains uninterrupted.

" With the regulatory picture in focus, the journey into adulthood for digital currencies can begin."

Translation: I don't understand bitcoin.

"The open-source nature of digital currencies provides a built-in self-regulatory mechanism, but that mechanism does not protect against human greed. "

Translation: I really, really don't understand bitcoin.

NOTHING protects against human greed! You want to know why that's obvious? Because greed is at an ALL-TIME HIGH! Regulation sure as shit hasn't protected us from greed. Who do you think you're fooling?

Satoshi Nakamoto's idea was the best thing we have for a decentralized trust agency, its proven to be far superior to the American legislative process.

Not to mention Brian doesn't even bother to give an example of how bitcoin isn't already protected from greed. IT IS! It would take an inordinate amount of bitcoin and wealth to subvert the bitcoin network, and in doing so you would wipe out the value of your entire investment. Not that its ever happened before, or is likely to happen.

"For digital currencies to grow up, they need a set of rules that allows for entrepreneurship while encouraging and protecting new users."

Translation: I want to revert this revolutionary new way of doing things and promotion of equality back to the system quo.

"Regulation done correctly can not only expand the user base, but also implicitly gives digital currencies legitimacy. "

This is entirely his opinion. To me and the thousands of other true proponents of bitcoin, regulation only serves to _delegitimize_ digital currency.

I don't what kind of money Brian Kelly can bring into the cryptosphere. If its the wrong money, then its the wrong money and I'll take my chances with people who share my vision instead of his.


listen this thread is for supporters, first you asked if anyone wanted to hear what you have to say and nobody responded and yet you still posted this, i really could care less what you have to say and your points of view and your agenda is not interesting to me and i think many of us here share same opinion
legendary
Activity: 3010
Merit: 8114

Before you do that, I suggest you talk to him on the phone or skype to understand what his "actual" viewpoints are.

OK I'm going to interpret his article and he can tell me where I'm wrong:

" Moreover, many venture capitalists have been waiting for regulatory clarity to fund digital currency start-ups"

Translation: Wall Street wants to set up a series of fees, red tape and delays that can only serve to enrich their interests in order for other people to do business in bitcoin.

Sorry that you haven't noticed but bitcoin ventures are are popping up left and right without anybody's guidance or permission. These are the true "entrepreneurs" who are actually trying to push the scene forward.

" The decision by the New York DFS will likely be mimicked across all 50 states and opens the door for venture capital to fund innovations that will provide long lasting societal benefits"

Translation: The federal and state governments will crush any significance of bitcoin by introducing legislation that reduces its usefulness to that of fiat currency so our trend of increasing wealth disparity in our favor remains uninterrupted.

" With the regulatory picture in focus, the journey into adulthood for digital currencies can begin."

Translation: I don't understand bitcoin.

"The open-source nature of digital currencies provides a built-in self-regulatory mechanism, but that mechanism does not protect against human greed. "

Translation: I really, really don't understand bitcoin.

NOTHING protects against human greed! You want to know why that's obvious? Because greed is at an ALL-TIME HIGH! Regulation sure as shit hasn't protected us from greed. Who do you think you're fooling?

Satoshi Nakamoto's idea was the best thing we have for a decentralized trust agency, its proven to be far superior to the American legislative process.

Not to mention Brian doesn't even bother to give an example of how bitcoin isn't already protected from greed. IT IS! It would take an inordinate amount of bitcoin and wealth to subvert the bitcoin network, and in doing so you would wipe out the value of your entire investment. Not that its ever happened before, or is likely to happen.

"For digital currencies to grow up, they need a set of rules that allows for entrepreneurship while encouraging and protecting new users."

Translation: I want to revert this revolutionary new way of doing things and promotion of equality back to the system quo.

"Regulation done correctly can not only expand the user base, but also implicitly gives digital currencies legitimacy. "

This is entirely his opinion. To me and the thousands of other true proponents of bitcoin, regulation only serves to _delegitimize_ digital currency.

I don't care what kind of money Brian Kelly can bring into the cryptosphere. If its the wrong money, then its the wrong money and I'll take my chances with people who share my vision instead of his.
sr. member
Activity: 448
Merit: 250
anyone noticing crashing on all exchanges?
hero member
Activity: 1036
Merit: 500
Xon design android wallets quoted at 1 - 1.2 btc. https://play.google.com/store/apps/developer?id=Xon+Designs&hl=en

Multipool quoted at 1btc.
full member
Activity: 154
Merit: 100
I don't think we need a multipool.

First many coins setup a multipool and fail getting enough miners to be profitable. Even Clevermining one of the biggest scrypt multipool having a hard time to be profitable against LTC.
Second there are not even enough miners to mine NAUT.

Also an other thought....Could the stabilization fund be counter productive at the moment?

Well, LTC is a PoW coin so it's not the same type of multipool (if that's what you meant).

Clevermining:
"Welcome to the smartest mining pool
We auto-switch between dozens of Scrypt coins and we are the best place to convert your hashing power into Bitcoins"

did you had an other idea about the NAUT miningpool?
Yeah, it's rather different in that a PoS mining pool is mining other coins, selling them for BTC and then buying the PoS coin in question (in this case Naut). Since the coin can't be mined any other way, this provides a constant upward push for the price. It's really quite ingenious, and it helps to stabilize the price during a decline, push it slightly upwards during low volume and push it up quite substantially during lots of buys. Of course it varies, depending on the hashrate, but even 5-10 BTC helps move the price quite a bit when the orderbooks are this thin. I would be very surprised if we can't get to a hashrate of at least that, and probably quite a bit more. Smiley
hero member
Activity: 1036
Merit: 500
I don't think we need a multipool.

First many coins setup a multipool and fail getting enough miners to be profitable. Even Clevermining one of the biggest scrypt multipool having a hard time to be profitable against LTC.
Second there are not even enough miners to mine NAUT.

Also an other thought....Could the stabilization fund be counter productive at the moment?

Well, LTC is a PoW coin so it's not the same type of multipool (if that's what you meant).

Clevermining:
"Welcome to the smartest mining pool
We auto-switch between dozens of Scrypt coins and we are the best place to convert your hashing power into Bitcoins"

did you had an other idea about the NAUT miningpool?

Blackcoin multipool seems to be doing OK.

Yes they have RAT4, we have John Doe.



lol very true but BK said he wants to introduce him. Hopefully he'll be able to attract some talent if this guy isn't up to it.
full member
Activity: 154
Merit: 100
Huh i am missing something? what's going on? No bad news.. nothing just someone dump bunch of naut and provoke panic sell?
No bad news, it's just the PoS transition that takes a little longer than planned.
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