I'm not a dumping miner and let me remind you that there would be NO nautilus coins if it were not for miners.
im not having a go at miners, i just think its a bit extreme asking BK to fork the code right before POS is implemented. Im well aware that there would be no coins if miners didnt mine and dump also as i scored some pretty cheap coins right at the bottom. =)
i think the coin distribution is quite good on this coin, very spread out with the NSF holding alot with price appreciation in mind, on rather small volume naut can increase in price a lot in the coming weeks.
i havent stopped buying and also havent sold 1 naut either and dont plan to any time soon as i believe this could be something very special in the future. =)
everything going smoothly with POS implementation and Jon Fitch winning his fight will gravitate more people to the coin, we could see x3 the current prices we are right now and stabilising up there because POS will further limit the amount of new coins entering the market.
Stay strong nauti peeps
HOOOLLLLLDDDD!!!
now is the perfect time - you're asking him to start POS with 75% of the coins still unmined - IMHO I think that rather self centered isn't it.
you have what you want - so just ignore the rest of the people who enabled you to get here....
rather greedy if you ask me.
and the fight has no bearing whatsoever on this discussion.
I'm asking what reasonable that's all - even by his own admission BK acknowledges that mining has virtually stopped because of flaw in Digishield and that it's not good for the coin
and thanks fr coming clean - the bottom line is that you don't want any new coins entering the market - you got what you want so the hell with the rest of us, huh?
well - I have some bad news for you. the average miner like myself who got this coin started can't compete with the huge mining farms because of the difficulty but nevertheless there are 1,440 new blocks generated every day and the only two pools still mining this coin are 0feenaut and ipominer and between these two pools they only get about 15 blocks in a day so that leaves 1,425 blocks to the huge mining farms who have taken over
so guess what - the huge mining farms are still mining 1,425 blocks per day and that's 225,150 coins per day so I have some bad news for you - they're going to unleash a dump on you guys the likes of what you've never seen
that's 1,576,050 coins per week they're mining - so guess what - the price of this coin is completely out of your control - they're going to control it's destiny.
they could run this coin down to 1 satoshi in nanoseconds if they felt like it.
so you argument for not letting new coins entering the market is without merit, because they're going to enter the market whether you like it or not.