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Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 308. (Read 901870 times)

full member
Activity: 210
Merit: 100
Also the 8300, 8400 and 8500 buy orders on Mintpal and Cryptsy are NSF
sr. member
Activity: 476
Merit: 250

Updates on What We Have Been Working On:

Payment Processor - We have at least one major payment processor who will support NAUT. I thought I would be able to announce something last Friday, but I am waiting on full integration and testing. As part of this process my company will be taking the currency risk when converting NAUT to fiat. We are ready to go once we get the green light.

PoS - My original idea was too complicated to execute.  We will be implementing a simpler PoS and I hope to begin that work this week.  Once I have an estimate for completion I will let you all know.

-BK

will mining stop at that point and nautilus become purely POS?
sr. member
Activity: 379
Merit: 250
Following on Twitter @pyramusx

Updates on What We Have Been Working On:

Payment Processor - We have at least one major payment processor who will support NAUT. I thought I would be able to announce something last Friday, but I am waiting on full integration and testing. As part of this process my company will be taking the currency risk when converting NAUT to fiat. We are ready to go once we get the green light.

PoS - My original idea was too complicated to execute.  We will be implementing a simpler PoS and I hope to begin that work this week.  Once I have an estimate for completion I will let you all know.

-BK



The hilarious thing about the crypto-trading community is that when a ridiculous coin, with a ridiculous reputation behind it, announces (badly, if I may add) that they are going to be accepted by a payment processor the whole community goes crazy. <-- Talking about shit like Zetacoin here.

But let's see what happens when a serious coin with a lot of potential and professionalism behind it announces something similar.
hero member
Activity: 1848
Merit: 530
The OGz Club
Great news, thank you:)
legendary
Activity: 1076
Merit: 1003
Thanks for the update BK!!
full member
Activity: 195
Merit: 100

Updates on What We Have Been Working On:

Payment Processor - We have at least one major payment processor who will support NAUT. I thought I would be able to announce something last Friday, but I am waiting on full integration and testing. As part of this process my company will be taking the currency risk when converting NAUT to fiat. We are ready to go once we get the green light.

PoS - My original idea was too complicated to execute.  We will be implementing a simpler PoS and I hope to begin that work this week.  Once I have an estimate for completion I will let you all know.

-BK





thank you BK, thanks for the update =)
full member
Activity: 210
Merit: 100

Updates on What We Have Been Working On:

Payment Processor - We have at least one major payment processor who will support NAUT. I thought I would be able to announce something last Friday, but I am waiting on full integration and testing. As part of this process my company will be taking the currency risk when converting NAUT to fiat. We are ready to go once we get the green light.

PoS - My original idea was too complicated to execute.  We will be implementing a simpler PoS and I hope to begin that work this week.  Once I have an estimate for completion I will let you all know.

-BK



full member
Activity: 210
Merit: 100
NSF  Update

Here are the most recent trades from Mintpal....we are still running about 25% of the volume.



2014-06-09 05:55:32   BUY   0.00008225   30.00000000   0.00246749   0.00000370   0.00247119
2014-06-09 04:59:12   BUY   0.00008225   229.33669187   0.01886294   0.00002829   0.01889123
2014-06-09 04:54:57   BUY   0.00008225   2000.00000000   0.16449999   0.00024674   0.16474673
2014-06-09 04:50:22   BUY   0.00008225   58.68293494   0.00482667   0.00000724   0.00483391
2014-06-09 04:49:54   BUY   0.00008225   8800.13904133   0.72381143   0.00108571   0.72489714
2014-06-09 04:47:17   BUY   0.00008225   2235.22761525   0.18384747   0.00027577   0.18412324
2014-06-08 21:53:56   BUY   0.00008300   4444.80621761   0.36891898   0.00055342   0.36947240
2014-06-08 21:35:01   BUY   0.00008300   905.86261907   0.07518659   0.00011277   0.07529936
2014-06-08 20:37:37   BUY   0.00008300   40.80505898   0.00338681   0.00000508   0.00339189
2014-06-08 20:26:59   BUY   0.00008300   1519.16914062   0.12609103   0.00018913   0.12628016
2014-06-08 20:24:58   BUY   0.00008300   3748.92948745   0.31116114   0.00046674   0.31162788
2014-06-08 19:49:17   BUY   0.00008300   13.41764164   0.00111366   0.00000167   0.00111533
2014-06-08 19:25:12   BUY   0.00008300   2060.00000000   0.17098000   0.00025647   0.17123647
2014-06-08 19:12:20   BUY   0.00008300   4196.19863505   0.34828448   0.00052242   0.34880690
2014-06-08 18:57:42   BUY   0.00008300   1674.62766800   0.13899409   0.00020849   0.13920258
2014-06-08 18:41:04   BUY   0.00008300   781.09069500   0.06483052   0.00009724   0.06492776
2014-06-08 18:16:12   BUY   0.00008300   224.73752544   0.01865321   0.00002797   0.01868118
2014-06-08 17:46:14   BUY   0.00008300   5863.00896921   0.48662974   0.00072994   0.48735968
2014-06-08 16:07:02   BUY   0.00008300   25.09388392   0.00208279   0.00000312   0.00208591
2014-06-06 18:26:57   BUY   0.00010001   1138.35814621   0.11384719   0.00017077   0.11401796
2014-06-06 18:26:14   BUY   0.00010100   500.00000000   0.05050000   0.00007575   0.05057575
2014-06-06 18:25:58   BUY   0.00010070   215.35174601   0.02168592   0.00003252   0.02171844
2014-06-06 18:24:57   BUY   0.00010000   513.84858248   0.05138486   0.00007709   0.05146195
2014-06-06 18:24:11   BUY   0.00010050   390.64825399   0.03926014   0.00005889   0.03931903
2014-06-06 18:23:15   BUY   0.00010000   86.15141752   0.00861514   0.00001291   0.00862805
2014-06-06 18:22:51   BUY   0.00010000   1489.69690000   0.14896969   0.00022346   0.14919315
2014-06-06 18:22:51   BUY   0.00009998   500.00000000   0.04999000   0.00007498   0.05006498
2014-06-06 18:22:51   BUY   0.00009997   1010.70636280   0.10104031   0.00015156   0.10119187
2014-06-06 18:22:40   BUY   0.00009700   100.00000000   0.00970000   0.00001455   0.00971455
2014-06-06 18:21:07   BUY   0.00009633   4396.84223489   0.42354781   0.00063532   0.42418313
2014-06-06 18:19:38   SELL   0.00009300   64.89705227   0.00603542   0.00000905   0.00602637
2014-06-06 18:19:03   SELL   0.00009250   169.74790835   0.01570168   0.00002355   0.01567813
2014-06-06 18:18:01   SELL   0.00009632   300.00000000   0.02889600   0.00004334   0.02885266
2014-06-06 18:00:47   BUY   0.00010000   481.31561777   0.04813158   0.00007229   0.04820387
2014-06-06 18:00:17   BUY   0.00010000   54.90533208   0.00549053   0.00000823   0.00549876
2014-06-06 17:59:52   BUY   0.00010000   1680.00000000   0.16800000   0.00025200   0.16825200
2014-06-06 17:59:35   BUY   0.00010000   390.64825399   0.03906482   0.00005859   0.03912341
2014-06-06 17:58:15   BUY   0.00010000   20.00000000   0.00200000   0.00000300   0.00200300
2014-06-06 17:58:15   BUY   0.00010000   12.09179616   0.00120917   0.00000181   0.00121098
2014-06-06 17:58:15   BUY   0.00009998   7.50000000   0.00074985   0.00000112   0.00075097
2014-06-06 17:58:15   BUY   0.00009998   199.58999999   0.01995500   0.00002993   0.01998493
2014-06-06 17:58:15   BUY   0.00009989   22.00000000   0.00219757   0.00000329   0.00220086
2014-06-06 17:58:15   BUY   0.00009984   2.02780295   0.00020245   0.00000030   0.00020275
2014-06-06 17:58:15   BUY   0.00009980   750.00000000   0.07485000   0.00011227   0.07496227
2014-06-06 17:58:15   BUY   0.00009950   250.00000000   0.02487500   0.00003731   0.02491231
2014-06-06 17:58:15   BUY   0.00009900   7.50000000   0.00074250   0.00000111   0.00074361
2014-06-06 17:58:15   BUY   0.00009900   538.00000000   0.05326200   0.00007989   0.05334189
2014-06-06 17:58:15   BUY   0.00009898   219.93867448   0.02176953   0.00003261   0.02180214
2014-06-06 17:56:35   BUY   0.00009898   30.06132552   0.00297547   0.00000450   0.00297997
2014-06-06 17:56:35   BUY   0.00009800   801.34903528   0.07853220   0.00011779   0.07864999
full member
Activity: 210
Merit: 100

[...]

Homework for the Community

[...]
3.) Be on the lookout for the next innovation that we can intergrate into NAUT.

-BK

Ok, so there is this coin - Savecoin (formerly Speedcoin) SPC. It has very interesting feature. It is as they call it PoF - Proof of Fund. As far as i know it is the only one coin with PoF. PoF is a nice alternative for PoS because it needs no staking, there is just interest payed every day. It is very simple - any address gets its interest, so you get your interest if the wallet is open or not, even funds at exchange get it! They made this with huge premine (19 millions out of 21 million of all coins), and now they make payouts from that premine.

I dont know if it could be implemented in NAUT (looks too late becasue it needs bigger premine), but i report this as interesting and innovative (Savecoin looks dead at the moment).


I like that...probably too late, but thanks for pointing it out
full member
Activity: 195
Merit: 100
Naut is dieing sorry sold it all not going to rebuy.

see whats happening BK, ppl are losing confidence. COMMUNICATE !!!!!! , with a market cap this low and a falling price like this is not looking good at all.
hero member
Activity: 518
Merit: 500
The blockchain is the future
Naut is dieing sorry sold it all not going to rebuy.
full member
Activity: 673
Merit: 106
Nautiluscoin added to Bidcoind.com as a payment method to buy / sell goods and services with Nautiluscoin.

Generate buzz for Nautiluscoin by listing quality items for sale totaly free of charge and merchant mine MTC on the side,

www.bidcoind.com

hero member
Activity: 623
Merit: 500
Fortune favours the bold!
Ssshhh. This is how the pros accumulate. We love flatline bottom scraping charts. Flushes out the weak hands into strong hands that are in it for the long haul.

We pros deserve the big money because we're mentally stronger than all the whiners and crybabies out there.

If you don't like the price sell your position to me you schmucks.
legendary
Activity: 1076
Merit: 1003
BK,

I hope you read all these posts from your investors. These are not just letters on paper, it is a scream for action.

Come down from your high horse, your rep is on the line.
full member
Activity: 195
Merit: 100
the coins inflation from mining is way to high to sustain anything over 10k satoshis which is really sad as this coin could have a lot of promise.

the longer it stays down here the worse it is and this needs to be fixed ASAP!!!!!!!.

BK you need to update us on what is going on. If this is the communities coin , the community isn't happy atm. Sentiment  is shifting cuz of the low price with not much to look forward to, we are all waiting for communication. development will not flourish around a coin that seems to be dieing.

The price needs to go up on the back of some POS news like date's it could be implemented (round about even). Some extra details like stake rates or wat u have in mind, anything really.


Maybe you could cut an off exchange deal within brian kelly capital to sell a bulk of naut from NFS for bitcoin as sort of a stake in the nautilus brand. Sit on the naut and buy more naut with the btc to push the price higher further increasing the price of the coin and the capitals coins.

a consistent increase in price even slowly will spark people into believing that the NFS is working great.

The coin needs volume for people to even think about trading it, atm there is falling volume and no news to support a falling price.

remember this is the internet and information moves fast lets bring some positive light to this beast before its too late

 
legendary
Activity: 1148
Merit: 1000
         
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hero member
Activity: 798
Merit: 1000
the more I read about the spectacular failures of so called high profile commentators and investors.. the more I realise that they have no idea what they are doing when it comes to the new frontier that is crypto based investments.

it reminds me of the industrial revolution when the land and slave owners faded into obscurity as the industrialists began to slowly dominate the worlds economies.

people who push for PoS, wall st acceptance and stabilization funds are really just trying to apply old world economic theory to this brave new world...

this coin has already failed because it has not lived up to the expectations generated by its own advertising.
does that mean that the price will never recover? of course not... as with all markets prices go up and down on news and hype.. but ultimately this is will prove to be a failed experiment because the people running it have already shown that they do not understand the fundamentals enough to be able to compete adequately in a free and unfettered marketplace.

if you take the mobile phone market as classic example.... there are many many new models being released every day by various companies and of many thousands of mobile phones models on offer maybe only a handful make up the lion share of market penetration. this coin has all the hall marks of being just another one of those designs that might have looked good on paper but never really took off.
hero member
Activity: 695
Merit: 500
NAUT buying down here under 1OK!!!! ~~was 100K!!!! =) //^easyyyyyyyyyyyyyy+

You can say that about 9 out of 10 generic pump and dump altcoins.  The price WAS 10x the current price.  It certainly doesn't mean it will ever go back up that high and in almost every case, never does.


This coin needs to act now. BK can have a good rep in the world of investments, but for cryptocoins he's like a 85 year old....way to slow in making things done. If he would act slow like this with all his investments ( let an investment go from 100K to under 10K ) then he would be flipping burgers at McDonalds by now.

That statement couldn't be more true.  He needs to liquidate maybe 1/100th of his traditional portfolio to inject some bitcoins into his NautFund and save the coin from the current death spiral.


25k Holding, and seriously thinking about shorting too after delusional time ....

- Mintpal :
24 Hr Volume
13.097 BTC

4.87 btc to get to 0.00000501  about another 10btc to bring it down to ZERO

- NSF did not demonstrate its "attractivity" whereas it is the only innovation here...

Pools are empty, in other words, no one give a shit about Nautiluscoin.... no buy pressure, no wall, we are probably not on the dip yet....

Pools are empty because Nautilus coin is not worth enough.  The coins that actually are mined get dumped immediately thus driving price down even further.  Get the price up and the mining activity will certainly increase.  Along with that, many miners will hold their coins instead of dumping if they have some reason to believe the coin will survive.

No investor will step in in a coin that is only getting down. 100K to 8K at the moment.

Only a gambler will step in, hoping that it's cheap enough!!!

Amen!!!


Also don't forget. This breached 100k twice. Not once.

Trust me, the initial price followed the typical pattern of nearly every alt coin launch.  I've seen it at least 50 times before.  There's an initial peak and then a hard dump.  After the hard dump, the price tumbles towards zero, at which point, a coin either dies or shows some promise and survives.  Nautilus coin is now at that critical juncture.

That's why i'm posting like a madman.  I know exactly what BKPHI needs to do to save this coin, and if he doesn't act soon, i'm out.







 +1 Well said me Lord. Wink
full member
Activity: 204
Merit: 100
NAUT buying down here under 1OK!!!! ~~was 100K!!!! =) //^easyyyyyyyyyyyyyy+

You can say that about 9 out of 10 generic pump and dump altcoins.  The price WAS 10x the current price.  It certainly doesn't mean it will ever go back up that high and in almost every case, never does.


This coin needs to act now. BK can have a good rep in the world of investments, but for cryptocoins he's like a 85 year old....way to slow in making things done. If he would act slow like this with all his investments ( let an investment go from 100K to under 10K ) then he would be flipping burgers at McDonalds by now.

That statement couldn't be more true.  He needs to liquidate maybe 1/100th of his traditional portfolio to inject some bitcoins into his NautFund and save the coin from the current death spiral.


25k Holding, and seriously thinking about shorting too after delusional time ....

- Mintpal :
24 Hr Volume
13.097 BTC

4.87 btc to get to 0.00000501  about another 10btc to bring it down to ZERO

- NSF did not demonstrate its "attractivity" whereas it is the only innovation here...

Pools are empty, in other words, no one give a shit about Nautiluscoin.... no buy pressure, no wall, we are probably not on the dip yet....

Pools are empty because Nautilus coin is not worth enough.  The coins that actually are mined get dumped immediately thus driving price down even further.  Get the price up and the mining activity will certainly increase.  Along with that, many miners will hold their coins instead of dumping if they have some reason to believe the coin will survive.

No investor will step in in a coin that is only getting down. 100K to 8K at the moment.

Only a gambler will step in, hoping that it's cheap enough!!!

Amen!!!


Also don't forget. This breached 100k twice. Not once.

Trust me, the initial price followed the typical pattern of nearly every alt coin launch.  I've seen it at least 50 times before.  There's an initial peak and then a hard dump.  After the hard dump, the price tumbles towards zero, at which point, a coin either dies or shows some promise and survives.  Nautilus coin is now at that critical juncture.

That's why i'm posting like a madman.  I know exactly what BKPHI needs to do to save this coin, and if he doesn't act soon, i'm out.




full member
Activity: 238
Merit: 100
To quote many a successful investor from numerous places in history.. When everyone is happy I sell. When everyone is upset I buy.

One exception. Alcohol... At least well established brands. Because in good times people drink. And in bad times people drink.

Also don't forget. This breached 100k twice. Not once.
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