[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 314.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: kehtolo on June 03, 2014, 08:46:54 AM

Quote from: maxsinner on June 03, 2014, 08:42:00 AM

Quote from: mdtspain on June 03, 2014, 08:37:53 AM

All the coins think the same way...being accepted in shops, internetshops, gamblingsites, games...etc. Think different and let the others follow eachother like sheep. They all do the same thing, so wait untill they succeed and then follow the same path. Now spend your energie on something else....Make your coin have value for inverstors....That's what BK should concentrate on, that what he supossed to be good in. Not finding some shops....come on, wake up!

+1 reading about pedo meters, tips and waitresses makes me feel I made the wrong investment.

I can agree with this.. it is disheartening to say the least to read about these things.

These are just community speculative ideas. The community were asked for ideas . do you have one or are you just going to be a fudster?

mdtspain

legendary

Activity: 1076

Merit: 1003

Quote from: maxsinner on June 03, 2014, 08:42:00 AM

Quote from: mdtspain on June 03, 2014, 08:37:53 AM

All the coins think the same way...being accepted in shops, internetshops, gamblingsites, games...etc. Think different and let the others follow eachother like sheep. They all do the same thing, so wait untill they succeed and then follow the same path. Now spend your energie on something else....Make your coin have value for inverstors....That's what BK should concentrate on, that what he supossed to be good in. Not finding some shops....come on, wake up!

+1 reading about pedo meters, tips and waitresses makes me feel I made the wrong investment.

You didn't make a bad investment. This coin is undervalued as no other. I think that the rate for this moment should be around 50K Sat. However there is one multipool that is mining full speed for weeks now only on NAUT. And minners are no investors in general. They mine and dump, if they can every hour.

neuroMode

sr. member

Activity: 448

Merit: 250

Quote from: BK_PHI on June 03, 2014, 07:01:07 AM

Good Morning All

My project for today is to find a provider of prepaid cards that I can load different amounts of NAUT and then sell to people who want to buy for long term investment. Does anybody know who does this?

BK

You may want to try http://www.crypto-cards.com/

kehtolo

hero member

Activity: 707

Merit: 500

Quote from: maxsinner on June 03, 2014, 08:42:00 AM

Quote from: mdtspain on June 03, 2014, 08:37:53 AM

All the coins think the same way...being accepted in shops, internetshops, gamblingsites, games...etc. Think different and let the others follow eachother like sheep. They all do the same thing, so wait untill they succeed and then follow the same path. Now spend your energie on something else....Make your coin have value for inverstors....That's what BK should concentrate on, that what he supossed to be good in. Not finding some shops....come on, wake up!

+1 reading about pedo meters, tips and waitresses makes me feel I made the wrong investment.

I can agree with this.. it is disheartening to say the least to read about these things.

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: mdtspain on June 03, 2014, 08:37:53 AM

All the coins think the same way...being accepted in shops, internetshops, gamblingsites, games...etc. Think different and let the others follow eachother like sheep. They all do the same thing, so wait untill they succeed and then follow the same path. Now spend your energie on something else....Make your coin have value for inverstors....That's what BK should concentrate on, that what he supossed to be good in. Not finding some shops....come on, wake up!

+1 reading about pedo meters, tips and waitresses makes me feel I made the wrong investment.

mdtspain

legendary

Activity: 1076

Merit: 1003

All the coins think the same way...being accepted in shops, internetshops, gamblingsites, games...etc. Think different and let the others follow eachother like sheep. They all do the same thing, so wait untill they succeed and then follow the same path. Now spend your energie on something else....Make your coin have value for inverstors....That's what BK should concentrate on, that what he supossed to be good in. Not finding some shops....come on, wake up!

Doging

hero member

Activity: 1036

Merit: 500

That makes sense as block reward reduction doesn't always work. Starting with a very generous interest rate and reducing it sounds good to me.

maxsinner

sr. member

Activity: 336

Merit: 250

Quote from: Doging on June 03, 2014, 08:29:45 AM

Quote from: maxsinner on June 03, 2014, 08:09:54 AM

Quote from: BK_PHI on June 03, 2014, 06:56:30 AM

Quote from: maxsinner on June 03, 2014, 04:29:50 AM

Quote from: Doging on June 03, 2014, 04:14:17 AM

Quote from: Conqueror on June 03, 2014, 02:27:44 AM

Quote from: FlyingMongoose on June 02, 2014, 10:19:37 PM

Quote from: MoreMinerals on June 02, 2014, 10:14:34 PM

Quote from: jackfruit on June 02, 2014, 09:25:19 PM

When does mining end for NAUT?

Probably not any time soon, were at 3.3m?
Someone...some THING has been dumping for like 2 weeks.

Then there's also XDQ to worry about.
Why its paired with NAUT? I will never understand

It could be XDQ Miners dumping to NAUT then dumping to BTC, but ultimately complaining about dumps and other coins is counter-productive to improving this one. Lets brainstorm peoples. I've already PM'd BK my idea on what I'm building, and I am not yet prepared to announce it. But lets start looking at options, I also posted some sort of exercise incentive based program, earn naut that way.

Not sure what else we can do.

Actually some of XDQ miners hold in long term and also hold NAUT, selling both coins only for BTC.

I think 24 hour volume on allcrypt is only 500 XDQ or about 2500 NAUT.

We need a hint about POS. Will it be implemented before or after all coins are mined?

BK said in one of his recent posts that PoS will be implemented "very soon". It sounded like he plans to do it a lot earlier before end of PoW. But it's possible that I might have misinterpreted him.

The plan is to implement before PoW mining ends BUT my idea for PoS is more complicated than originally anticipated so it is taking a little longer than expected.

You don't really need to implement something too fancy imho. Just PoS with a low interest rate (around 3-5% per year) and reduce the number of coins from PoW. This will put you a couple of months ahead of the current development curve and will give your present and future investors a lot more confidence in the coin. At the moment a lot of people are seeing it as we investors and the NSF are only feeding BTC to the miners.

Won't reducing the number of coins from POW just mean less people mine it and difficulty drops until same number of coins are created? I think a more generous POS payout would be needed too.

Not really. I'd just stop PoW at a certain block, not reduce the PoW rewards. After PoW is gone, then you can decide whether to have a flat yearly interest rate like 3-5% or have a declining one like starting from 10% until the end of the first year and then 5% next year, 3% after that etc. etc.