Author

Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 287. (Read 901870 times)

member
Activity: 61
Merit: 10
Exciting promotion for Nautilus this sponsorship  Cheesy
full member
Activity: 204
Merit: 100
Current USD Value of NAUT is $0.082647, so $10,000/$0.082647 = 120996.52739966 NAUT
USD Value Reference: http://www.coinmarketcap.com/

But we know 20k is already in the wallet, so 100996.52739966
I'm trying to use mine to fund my own project(s) so I don't have much to spare I only thew in 10 (for now).
so down to 90996.52739966
But hen there's the 500 you sent.
90496.52739966

Of the people here who have posted. I haven't gone and looked at the wallet's actual value.


oh wow.  That's a lot of coins to raise ... but also a good start  Wink

i sent the 500 because i just had it laying around in my mintpal account.  I'll have to get my wallet back up so i can send more.


if we send Fitch enough coins, maybe he'll put a "Get Naut-i" tattoo on his chest next to that japanese symbol.
member
Activity: 101
Merit: 10
Legendary
We should ask BK. I hope he will explain it Smiley
full member
Activity: 154
Merit: 100
For example we move into POS on 1st July. So, there will be only 4200000 total coins at this rate? What about the rest of coins?
Well, if that happens the remaining POW coins will not be mined. Eventually we will get to 16 million coins with POS, but it will take much longer.
member
Activity: 101
Merit: 10
Legendary
I don't understand one thing:

Quote
Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.

When we reach 16 180 000 total coins?
It would take a few months at this rate, but according to BK the testing for proof of stake will begin this weekend. If it's successful a lot of us hope that we can move over much earlier than 16 180 000 coins :-)

For example we move into POS on 1st July. So, there will be only 4200000 total coins at this rate. What about the rest of coins?
full member
Activity: 154
Merit: 100
I don't understand one thing:

Quote
Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.

When we reach 16 180 000 total coins?
It would take a few months at this rate, but according to BK the testing for proof of stake will begin this weekend. If it's successful a lot of us hope that we can move over much earlier than 16 180 000 coins :-)
member
Activity: 101
Merit: 10
Legendary
I don't understand one thing:

Quote
Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.

When we reach 16 180 000 total coins?
full member
Activity: 238
Merit: 100
I don't understand one thing:

Quote
Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?

There have been a few stuck blocks.
member
Activity: 101
Merit: 10
Legendary
I don't understand one thing:

Quote
Nautiluscoin Specifications:

* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

Nautiluscoin started 50 days ago. So we should have about 72000 blocks and 11 000 000 coins, because of 1 minute block target and 159.39 coins per block.
After 50 days, why we have only 23928 blocks and market cap is only 3,762,748?
full member
Activity: 159
Merit: 100
abaddon
Looking good BK.  Keep up the great work.  You're making history!  Kiss
full member
Activity: 154
Merit: 100
BK - If the POS testing goes well this weekend it would be an excellent time to move over soon, now that we have a lot of media buzz going for us. We'll be at 4 million coins in about five days. Maybe that's a little to early for the developers, but if not it would make for a nice round number to finish the POW phase on. Looking at other coins with similar supply, like XC and Vertcoin, they're hoovering at about $0.70 per coin. We would probably end up with a similar valuation in the short term, and build a floor there for a while, if we cut down on the extreme inflation around there.

A larger marketcap would also make future sponsorship a lot easier, as we'll have much more money to work with as a community. Of course it would also create a lot more stability, and make NAUT even more attractive to merchants and future investors.
hero member
Activity: 700
Merit: 500
full member
Activity: 238
Merit: 100
*Lots of awesome stuff*
This is really cool! I'll send a thousand Naut to help sponsor Jon :-)


Nice!  I just sent 500 Naut to try and help:    http://nautinsight.buddylabsapps.com/tx/3f8be07e5430eabd38aee44488c966e2507abf734ca47924f8f707f0dc3d2692


Around how many coins do we need to raise to touch our goal?  Sorry, i'm math lazy right now.

Current USD Value of NAUT is $0.082647, so $10,000/$0.082647 = 120996.52739966 NAUT
USD Value Reference: http://www.coinmarketcap.com/

But we know 20k is already in the wallet, so 100996.52739966
I'm trying to use mine to fund my own project(s) so I don't have much to spare I only thew in 10 (for now).
so down to 90996.52739966
But hen there's the 500 you sent.
90496.52739966

Of the people here who have posted. I haven't gone and looked at the wallet's actual value.
full member
Activity: 204
Merit: 100
*Lots of awesome stuff*
This is really cool! I'll send a thousand Naut to help sponsor Jon :-)


Nice!  I just sent 500 Naut to try and help:    http://nautinsight.buddylabsapps.com/tx/3f8be07e5430eabd38aee44488c966e2507abf734ca47924f8f707f0dc3d2692


Around how many coins do we need to raise to touch our goal?  Sorry, i'm math lazy right now.
full member
Activity: 154
Merit: 100
Fitch is really smart to work out a sponsorship with a coin like Naut. Whatever we pay him today will be worth 10x in a short while  Grin
hero member
Activity: 695
Merit: 500

  "Hey, I sponsored Fitch!!!  This is the BEST contact sport out there. The grapplers normally get it on submissions. Small donation sent more to follow soon.   Cool
full member
Activity: 238
Merit: 100
Too much too big so I'm linking straight to it - https://bitcointalksearch.org/topic/m.7419633
This is awesome! speaking of which... I sponsored Fitch!
legendary
Activity: 1596
Merit: 1010
full member
Activity: 210
Merit: 100
DOGE sponsored a NASCAR, NAUT sponsoring an MMA fighter. HA!

Sent some NAUT to the address Cheesy
Exactly! I hope everyone is tweeting Coindesk about this to hopefully get an article written! Smiley

I contacted them with the official release.  Also will have an article on CNBC.com in the next few hours
full member
Activity: 154
Merit: 100
DOGE sponsored a NASCAR, NAUT sponsoring an MMA fighter. HA!

Sent some NAUT to the address Cheesy
Exactly! I hope everyone is tweeting Coindesk about this to hopefully get an article written! Smiley
Jump to: