Whats a good mining pool?
I have been at http://naut.0feepool.com/ and we arent finding many blocks at all.
Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 337. (Read 901829 times)
May 22, 2014, 01:49:17 PM
May 22, 2014, 01:43:51 PM
it never ceases to amaze me that when someone cannot respond intelligently they respond like an exposed nerve and 'name call'
Troll - LOL
I've been called worse...
2 X LOL
Troll - LOL
I've been called worse...
2 X LOL
May 22, 2014, 01:40:54 PM
It's still very early days for this coin. As long as support for it continues it has a bright future. People are dumping coins to buy BTC/DRK etc - whatever is up right now. Those same people will be buying NAUT when it goes up. The initial price explosion was artificial anyway and never sustainable. Rather than panicking those of us who see a future for this coin should use the opportunity to buy it up cheaply. There are no guarantees but the old rule of buy low and sell high generally works.
Yes, typical dumb money. They buy whatever is UP, and sell whatever is LOW! The smart money does the opposite, preying on the dumb money and making wads of cash.
May 22, 2014, 01:38:41 PM
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.
The "stabalization fund" was created by premining NAUT. So it is denominated in NAUT. So how are you using it to buy NAUT?
When we sell we use the proceeds to buy.
So you have to dump 160,000 coins to buy back 160,000 coins?
How is this a good idea?
You posted your buy orders.
Now, can you post your sell orders?
My guess is that your stabilization fund sunk the price in the first place; therefore, destabilizing the price so you can then step in and save it...from yourself.
Anybody expect anything less from a banker coin?
Haha!
you need to mine that Conspiracy coin -- LOL
You dared to post post a truth. Now enjoy your new status - Troll.
May 22, 2014, 01:37:30 PM
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.
The "stabalization fund" was created by premining NAUT. So it is denominated in NAUT. So how are you using it to buy NAUT?
The fund SELLS and then BUYS for a lower price than it sold for. So, the fund holds both NAUT and BTC.
May 22, 2014, 01:35:54 PM
How the hell did 2million (About 15%) of the coins get mined in just 1-2 weeks?
Do people seriously not read the announcements? It's right there, spelled out:
159.39 coins per block
1440 blocks per day
That's 229,521.6 coins PER DAY
3,213,302.4 coins in 2 weeks.
You missed the 1% reduction every week. current block reward is 157.9561 NAUT.
How is the number of coins determined? I thought it would be based on the reduction. But, I'm not sure.
There is also a transaction fee that miners make, .01 NAUT per transaction. So, if the coin is highly transacted, then there will be fees for miners to maintain the blockchain and gain coin.
May 22, 2014, 01:33:12 PM
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.
The "stabalization fund" was created by premining NAUT. So it is denominated in NAUT. So how are you using it to buy NAUT?
When we sell we use the proceeds to buy.
So you have to dump 160,000 coins to buy back 160,000 coins?
How is this a good idea?
You posted your buy orders.
Now, can you post your sell orders?
My guess is that your stabilization fund sunk the price in the first place; therefore, destabilizing the price so you can then step in and save it...from yourself.
Anybody expect anything less from a banker coin?
Haha!
you need to mine that Conspiracy coin -- LOL
May 22, 2014, 01:31:13 PM
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.
The "stabalization fund" was created by premining NAUT. So it is denominated in NAUT. So how are you using it to buy NAUT?
When we sell we use the proceeds to buy.
So you have to dump 160,000 coins to buy back 160,000 coins?
How is this a good idea?
You posted your buy orders.
Now, can you post your sell orders?
My guess is that your stabilization fund sunk the price in the first place; therefore, destabilizing the price so you can then step in and save it...from yourself.
Anybody expect anything less from a banker coin?
Haha!
May 22, 2014, 01:27:19 PM
It's still very early days for this coin. As long as support for it continues it has a bright future. People are dumping coins to buy BTC/DRK etc - whatever is up right now. Those same people will be buying NAUT when it goes up. The initial price explosion was artificial anyway and never sustainable. Rather than panicking those of us who see a future for this coin should use the opportunity to buy it up cheaply. There are no guarantees but the old rule of buy low and sell high generally works.
May 22, 2014, 01:12:24 PM
Can the community check if and when the NSF is used to stabilize the price?
These are all our buys on Cryptsy for the last 24hrs
2014-05-22 12:59:06 Buy 0.00022000 100.00000000 0.02200000
2014-05-22 12:32:05 Buy 0.00022498 10.00000000 0.00224980
...
Now that's the kind of involvement we need! Great of you to make this public. Thanks.
I will try to post about the NSF as much as I can...with all the exchanges it is a little more work than I anticipated, but I will put a team member on it and hopefully these updates can be more regular.
May 22, 2014, 01:10:47 PM
NSF Update
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. If BTC continues to rise AND miners sell indiscriminately the NSF can only do so much.
What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.
FYI - I have also bought more NAUT last evening as high as 34k for my personal account.
-BK
panic selling - plain and simple - defies logic...
but people are emotional creatures - that why professional investors exist - to protect people from themselves.
You guys - should read this book - it's great
www.jackassinvesting.com
May 22, 2014, 01:10:25 PM
If you could make an announcement about how you plan to secure the blockchain when all coins are mined out in a few months, it would be a serious boost to the coin's credibility.
May 22, 2014, 01:10:06 PM
May 22, 2014, 01:08:30 PM
May 22, 2014, 01:08:09 PM
Can the community check if and when the NSF is used to stabilize the price?
These are all our buys on Cryptsy for the last 24hrs
2014-05-22 12:59:06 Buy 0.00022000 100.00000000 0.02200000
2014-05-22 12:32:05 Buy 0.00022498 10.00000000 0.00224980
...
Now that's the kind of involvement we need! Great of you to make this public. Thanks.
May 22, 2014, 01:07:47 PM
Can the community check if and when the NSF is used to stabilize the price?
These are all our buys on Cryptsy for the last 24hrs
Oh that makes sense, I had seen someone buy up to the mid40s last night and was wondering who or why.
May 22, 2014, 01:06:46 PM
Can the community check if and when the NSF is used to stabilize the price?
and here is a bunch from MintPal
YZXY-23329365 BUY KPKR-99927596 NAUT/BTC 2014-05-22 16:53:25 0.00022000 1000.00000000 0.22000000 0.00033000 0.22033000
BTXT-67441735 BUY JDFU-97180239 NAUT/BTC 2014-05-22 16:48:58 0.00022380 136.00000000 0.03043680 0.00004565 0.03048245
LKYG-08663674 BUY XYZK-29685306 NAUT/BTC 2014-05-22 16:48:47 0.00022370 631.34440000 0.14123174 0.00021184 0.14144358
JMOK-44050422 BUY OBDV-29663408 NAUT/BTC 2014-05-22 16:44:43 0.00020500 8.89944587 0.00182440 0.00000275 0.00182715
FKJV-73935227 BUY IHDB-00952048 NAUT/BTC 2014-05-22 16:44:04 0.00021200 100.00000000 0.02120000 0.00003180 0.02123180
NMIQ-67973251 BUY OTGP-44469857 NAUT/BTC 2014-05-22 16:36:10 0.00022200 100.00000000 0.02220000 0.00003330 0.02223330
QMJF-87414121 BUY OBDV-29663408 NAUT/BTC 2014-05-22 16:33:17 0.00020500 405.35682487 0.08309814 0.00012464 0.08322278
LJCJ-59497689 BUY YUWL-27468408 NAUT/BTC 2014-05-22 16:33:06 0.00021299 63.39967184 0.01350349 0.00002026 0.01352375
XZMI-58977413 BUY KPGD-31539546 NAUT/BTC 2014-05-22 16:33:01 0.00021300 100.00000000 0.02130000 0.00003194 0.02133194
BEGA-47269279 BUY YUWL-27468408 NAUT/BTC 2014-05-22 16:32:23 0.00021299 22.02851474 0.00469185 0.00000703 0.00469888
VSFL-33190775 BUY BENE-06990281 NAUT/BTC 2014-05-22 16:31:56 0.00022400 7.51508929 0.00168338 0.00000252 0.00168590
FXYA-08842487 BUY WTMI-31775932 NAUT/BTC 2014-05-22 16:31:30 0.00022400 192.48491071 0.04311662 0.00006468 0.04318130
RFTN-67425663 BUY WTMI-31775932 NAUT/BTC 2014-05-22 16:31:30 0.00022399 7.51546312 0.00168338 0.00000252 0.00168590
RTXM-54782330 BUY XCRE-09633405 NAUT/BTC 2014-05-22 16:31:09 0.00021998 25.00000000 0.00549950 0.00000824 0.00550774
VZMG-84161736 BUY EFPN-65146077 NAUT/BTC 2014-05-22 16:30:59 0.00021800 100.00000000 0.02180000 0.00003270 0.02183270
DUXK-05786698 BUY YUWL-27468408 NAUT/BTC 2014-05-22 16:30:49 0.00021299 373.43112708 0.07953710 0.00011930 0.07965640
JRSV-36939039 BUY SFQS-58268172 NAUT/BTC 2014-05-22 16:30:33 0.00021300 130.00000000 0.02769000 0.00004153 0.02773153
VTRX-33592320 BUY OBDV-29663408 NAUT/BTC 2014-05-22 16:29:22 0.00020500 85.74372926 0.01757746 0.00002636 0.01760382
PJFU-86921927 BUY JAXO-83776685 NAUT/BTC 2014-05-22 16:13:55 0.00020600 774.44240001 0.15953515 0.00023931 0.15977446
WVSA-73505109 BUY ZLEP-84852801 NAUT/BTC 2014-05-22 15:52:02 0.00021003 100.00000000 0.02100300 0.00003150 0.02103450
UMYF-40197050 BUY OKPG-17559034 NAUT/BTC 2014-05-22 15:52:02 0.00021003 27.89642826 0.00585909 0.00000879 0.00586788
GUSD-81293541 BUY OKPG-17559034 NAUT/BTC 2014-05-22 15:41:55 0.00021003 72.10357174 0.01514391 0.00002271 0.01516662
EXWI-12063726 BUY UOUQ-59574864 NAUT/BTC 2014-05-22 15:32:03 0.00020650 234.00000000 0.04832100 0.00007248 0.04839348
WNLC-67503456 BUY AUPH-57833721 NAUT/BTC 2014-05-22 15:32:03 0.00020650 16.41698767 0.00339012 0.00000510 0.00339522
May 22, 2014, 01:04:52 PM
Can the community check if and when the NSF is used to stabilize the price?
These are all our buys on Cryptsy for the last 24hrs
2014-05-22 12:59:06 Buy 0.00022000 100.00000000 0.02200000
2014-05-22 12:32:05 Buy 0.00022498 10.00000000 0.00224980
2014-05-22 12:32:05 Buy 0.00022498 1.27733299 0.00028737
2014-05-22 12:32:05 Buy 0.00022498 32.63932057 0.00734319
2014-05-22 12:30:56 Buy 0.00022497 84.92826440 0.01910631
2014-05-22 12:27:41 Buy 0.00022497 15.07173560 0.00339069
2014-05-22 12:26:00 Buy 0.00022497 0.30621695 0.00006889
2014-05-22 12:26:00 Buy 0.00022497 0.19494984 0.00004386
2014-05-22 11:24:04 Buy 0.00021050 8.07672214 0.00170015
2014-05-22 11:23:31 Buy 0.00021050 100.00000000 0.02105000
2014-05-22 11:21:27 Buy 0.00021350 100.00000000 0.02135000
2014-05-22 08:12:24 Buy 0.00022000 70.00000000 0.01540000
2014-05-22 08:12:24 Buy 0.00022000 39.99866049 0.00879971
2014-05-22 08:12:24 Buy 0.00022005 100.00000000 0.02200500
2014-05-22 07:40:45 Buy 0.00022000 50.00133951 0.01100029
2014-05-22 07:23:52 Buy 0.00021791 47.47678990 0.01034567
2014-05-22 07:22:16 Buy 0.00020000 83.98326172 0.01679665
2014-05-21 23:04:16 Buy 0.00044000 0.04150986 0.00001826
2014-05-21 23:04:16 Buy 0.00044000 0.61113922 0.00026890
2014-05-21 22:58:56 Buy 0.00045655 24.00000000 0.01095720
2014-05-21 22:57:07 Buy 0.00046988 9.50280807 0.00446518
2014-05-21 22:56:30 Buy 0.00045654 97.88260311 0.04468732
2014-05-21 22:55:37 Buy 0.00045654 2.11739689 0.00096668
2014-05-21 22:36:30 Buy 0.00045500 0.92268231 0.00041982
2014-05-21 22:28:47 Buy 0.00045500 60.00000000 0.02730000
2014-05-21 22:28:13 Sell 0.00045499 61.22940840 0.02785877
2014-05-21 22:22:28 Buy 0.00040986 3.46630131 0.00142070
2014-05-21 22:21:16 Buy 0.00041002 116.74160196 0.04786639
2014-05-21 22:21:16 Buy 0.00041005 123.00000000 0.05043615
2014-05-21 22:21:16 Buy 0.00041004 300.00000000 0.12301200
2014-05-21 22:21:00 Buy 0.00045000 70.00000000 0.03150000
2014-05-21 22:19:17 Buy 0.00046989 796.95860929 0.37448288
2014-05-21 22:18:31 Buy 0.00045989 19.00000000 0.00873791
2014-05-21 22:17:29 Buy 0.00045000 55.13463809 0.02481059
2014-05-21 22:08:07 Buy 0.00040000 0.14650265 0.00005860
2014-05-21 22:05:51 Buy 0.00039599 100.00000000 0.03959900
2014-05-21 22:02:43 Buy 0.00036000 100.00000000 0.03600000
2014-05-21 22:01:27 Buy 0.00035998 330.00000000 0.11879340
2014-05-21 22:01:00 Buy 0.00035997 32.60478310 0.01173674
2014-05-21 21:59:49 Buy 0.00034991 50.00000000 0.01749550
2014-05-21 21:56:56 Buy 0.00032985 4369.93849698 1.44142421
2014-05-21 21:54:23 Buy 0.00032985 6.37170149 0.00210171
2014-05-21 21:50:02 Buy 0.00032984 0.00065000 0.00000021
2014-05-21 21:36:36 Buy 0.00032983 0.35412498 0.00011680
2014-05-21 21:35:52 Buy 0.00032983 85.30386984 0.02813578
2014-05-21 21:21:10 Buy 0.00032983 182.50766876 0.06019650
2014-05-21 21:20:55 Buy 0.00032982 13.50747505 0.00445504
2014-05-21 21:20:31 Buy 0.00032930 0.62661916 0.00020635
2014-05-21 21:20:01 Buy 0.00032928 0.13040644 0.00004294
2014-05-21 21:19:43 Buy 0.00032490 1.53920147 0.00050009
May 22, 2014, 01:02:30 PM
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.
The "stabalization fund" was created by premining NAUT. So it is denominated in NAUT. So how are you using it to buy NAUT?
When we sell we use the proceeds to buy.
May 22, 2014, 01:01:47 PM
Can the community check if and when the NSF is used to stabilize the price?
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