Oh, and there is another factor for the price drop, the price of BTC which has gone up from 445 to 520 in the past few days.
To the guy that is worried about his car? Any cryto coin is 100% speculation and you should not use money that you can't afford to lose.
Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 339. (Read 901829 times)
May 22, 2014, 10:54:53 AM
May 22, 2014, 10:44:30 AM
Seriously. If you see Google stocks going down to $50 you don't complain about it, you buy the shit out of Google stocks because it is Google, it will go up.
You can't really predict as well when it comes to alt coins, but when you have a coin with a promising idea behind it (taking it up to the institutional level, investments, etc.) you buy the shit out of that coin when it comes down and you don't sell until at least another ATH is reached, if you even sell that quick anyway.
You can't really predict as well when it comes to alt coins, but when you have a coin with a promising idea behind it (taking it up to the institutional level, investments, etc.) you buy the shit out of that coin when it comes down and you don't sell until at least another ATH is reached, if you even sell that quick anyway.
May 22, 2014, 10:38:45 AM
Just give it up fellas, the trolling isn't going to stop, besides if anyone thinks the price is controlled by what goes on in this thread has a lot to learn about crypto.
This happens with every single coin. Someone pumped it to 3k BTC and only a fraction of that has sold.
There is a bunch of low life groups that go around the boards, twitter etc and FUD coins so that everyone dumps their coin lower than they bought, after all that is the FUDDERS profit.
So if you sell your coin lower than you bought it for, your an idiot. This coin will pump again, who knows when that will be though, it will happen when they have enough coin.
a mere 25 BTC would make the price triple in seconds. This is one of the easiest to pump coins I have ever seen, so if you think for a second, real people would waste their time FUDDING this coin for no reason at all your mistaken.
They dont want you to buy now cause if you do, you will be taking their profits when they pump it again.
This happens with every single coin. Someone pumped it to 3k BTC and only a fraction of that has sold.
There is a bunch of low life groups that go around the boards, twitter etc and FUD coins so that everyone dumps their coin lower than they bought, after all that is the FUDDERS profit.
So if you sell your coin lower than you bought it for, your an idiot. This coin will pump again, who knows when that will be though, it will happen when they have enough coin.
a mere 25 BTC would make the price triple in seconds. This is one of the easiest to pump coins I have ever seen, so if you think for a second, real people would waste their time FUDDING this coin for no reason at all your mistaken.
They dont want you to buy now cause if you do, you will be taking their profits when they pump it again.
+1000!!!
READ THIS AND LEARN FROM IT !!!
May 22, 2014, 10:33:30 AM
Just give it up fellas, the trolling isn't going to stop, besides if anyone thinks the price is controlled by what goes on in this thread has a lot to learn about crypto.
This happens with every single coin. Someone pumped it to 3k BTC and only a fraction of that has sold.
There is a bunch of low life groups that go around the boards, twitter etc and FUD coins so that everyone dumps their coin lower than they bought, after all that is the FUDDERS profit.
So if you sell your coin lower than you bought it for, your an idiot. This coin will pump again, who knows when that will be though, it will happen when they have enough coin.
a mere 25 BTC would make the price triple in seconds. This is one of the easiest to pump coins I have ever seen, so if you think for a second, real people would waste their time FUDDING this coin for no reason at all your mistaken.
They dont want you to buy now cause if you do, you will be taking their profits when they pump it again.
I have now bought at 5, 3 and 2. If you bought higher than it is now it is wise to buy some more, so you can make a little profit if it goes up even to your original buy point.
This happens with every single coin. Someone pumped it to 3k BTC and only a fraction of that has sold.
There is a bunch of low life groups that go around the boards, twitter etc and FUD coins so that everyone dumps their coin lower than they bought, after all that is the FUDDERS profit.
So if you sell your coin lower than you bought it for, your an idiot. This coin will pump again, who knows when that will be though, it will happen when they have enough coin.
a mere 25 BTC would make the price triple in seconds. This is one of the easiest to pump coins I have ever seen, so if you think for a second, real people would waste their time FUDDING this coin for no reason at all your mistaken.
They dont want you to buy now cause if you do, you will be taking their profits when they pump it again.
I have now bought at 5, 3 and 2. If you bought higher than it is now it is wise to buy some more, so you can make a little profit if it goes up even to your original buy point.
May 22, 2014, 10:26:28 AM
It's so funny people complaining about low prices and exchanges that kill coins and so on.
Remember the ones that are selling at these low prices are the blame for the prices going down, NOT THE EXCHANGES
If you all stop selling for bid prices, then the prices need to go up. If you keep on dumping, because you are affraid, then you are qualified for a job at McDonalds, and should stay away from any exchange.
Remember the ones that are selling at these low prices are the blame for the prices going down, NOT THE EXCHANGES
If you all stop selling for bid prices, then the prices need to go up. If you keep on dumping, because you are affraid, then you are qualified for a job at McDonalds, and should stay away from any exchange.
May 22, 2014, 09:29:59 AM
And who/what will secure the network when all coins have been mined?
Shhhh!
May 22, 2014, 09:06:12 AM
Keep accomulating ppls =] , nice speculation u drove the price at nice value 
its time to rebuy.
Speculators you did a great job there thanks see you soon
its time to rebuy. Speculators you did a great job there thanks
see you soon 
May 22, 2014, 08:56:01 AM
So far around 2,400,000 NAUT are mined. That means there is 13,780,000 NAUT left to be mined.
13,780,000/159= 86,666 minutes, that's roughly 60 days, I did not took in account the 1% reduction per week, so it would take a bit longer.
see specs:
* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine
13,780,000/159= 86,666 minutes, that's roughly 60 days, I did not took in account the 1% reduction per week, so it would take a bit longer.
see specs:
* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine
And who/what will secure the network when all coins have been mined?
May 22, 2014, 08:38:05 AM
Why would he 'reinforce' other peoples obvious manipulation of a FAR FAR too infnlated price? Seems your the one who got used to 'mega-inflated' prices.. I know I dident, and I still have all of mine.
It was not supposed to get "FAR FAR too inflated" in the first place. That is why he made up the "pre-mine excuse". This plan was a complete failure. Facts tell the story. Keep believing the fairy-tales if you want.
In theory a "stabilization fund" could work, if there is precise calculation done before launch and developer would have significant amount of capital (BTC) to inject in to the markets. Hes plan failed because it was faulty from the very beginning.
I have to disagree the monkey wrench in the plan was no one ever imagined that this point would be the benchmark for two other currencies
regardless this point it is sound and it will rise again like it was rising before it was linked to other points it takes a few days for any market to sort itself out
May 22, 2014, 08:29:13 AM
Why would he 'reinforce' other peoples obvious manipulation of a FAR FAR too infnlated price? Seems your the one who got used to 'mega-inflated' prices.. I know I dident, and I still have all of mine.
It was not supposed to get "FAR FAR too inflated" in the first place. That is why he made up the "pre-mine excuse". This plan was a complete failure. Facts tell the story. Keep believing the fairy-tales if you want.
In theory a "stabilization fund" could work, if there is precise calculation done before launch and developer would have significant amount of capital (BTC) to inject in to the markets. Hes plan failed because it was faulty from the very beginning.
May 22, 2014, 08:13:55 AM
I'm buying despite all the negativity, I've seen it before and usually wish I'd bought while everyone else is dumping.
This coin was just listed on cryptsy and people can get in cheap again.
This coin was just listed on cryptsy and people can get in cheap again.
Cryptsy is the dump land of alts
Let him learn from his own mistakes
May 22, 2014, 08:03:48 AM
stabilization fund never specified which price it would stabilize - I am guessing a low number
I think you missed the point of a stabilization fund...
I'll give you a hint.. it has something to do with mitigating the effects of volatility.
This "stabilization fund" was always an idiot trap and simple marketing trick. Dev never had enough BTC to keep sell pressure under control.
Anyone with even the very basic knowledge of trading knows that to have an effect on markets, one needs to have enough starting capital of both sides. He clearly does not.
He just hoped to generate enough hype to be able to sell hes premine and then perhaps buy back later, making profit from spread.
Unfortunately this plan didnt work or he just screwed all of you over by selling hes premine and never intending to buy back.
Why would he 'reinforce' other peoples obvious manipulation of a FAR FAR too infnlated price? Seems your the one who got used to 'mega-inflated' prices.. I know I dident, and I still have all of mine.
May 22, 2014, 07:58:33 AM
I'm buying despite all the negativity, I've seen it before and usually wish I'd bought while everyone else is dumping.
This coin was just listed on cryptsy and people can get in cheap again.
This coin was just listed on cryptsy and people can get in cheap again.
Cryptsy is the dump land of alts
May 22, 2014, 07:54:09 AM
I'm buying despite all the negativity, I've seen it before and usually wish I'd bought while everyone else is dumping.
This coin was just listed on cryptsy and people can get in cheap again.
This coin was just listed on cryptsy and people can get in cheap again.
May 22, 2014, 07:30:57 AM
All the negative posts here are driving the price of this coin down.
I see it over and over again...people sink a chunk of money into a new coin, then the price moves down a little they get scared and dump or hold, then they qualify as angry bagholders.
Then they make it a point to come here and tell all the "idiots" that bought the coin, or might buy the coin, that they are ,well, idiots!
This is what kills a coins value.
I see it over and over again...people sink a chunk of money into a new coin, then the price moves down a little they get scared and dump or hold, then they qualify as angry bagholders.
Then they make it a point to come here and tell all the "idiots" that bought the coin, or might buy the coin, that they are ,well, idiots!
This is what kills a coins value.
May 22, 2014, 07:17:07 AM
And now NAUT is almost below 20K - the question is how low can you go ?
BUY TIME! - TIME TO TRIPLE DOWN!
May 22, 2014, 06:55:32 AM
stabilization fund never specified which price it would stabilize - I am guessing a low number
I think you missed the point of a stabilization fund...
I'll give you a hint.. it has something to do with mitigating the effects of volatility.
This "stabilization fund" was always an idiot trap and simple marketing trick. Dev never had enough BTC to keep sell pressure under control.
Anyone with even the very basic knowledge of trading knows that to have an effect on markets, one needs to have enough starting capital of both sides. He clearly does not.
He just hoped to generate enough hype to be able to sell hes premine and then perhaps buy back later, making profit from spread.
Unfortunately this plan didnt work or he just screwed all of you over by selling hes premine and never intending to buy back.
May 22, 2014, 06:14:09 AM
So far around 2,400,000 NAUT are mined. That means there is 13,780,000 NAUT left to be mined.
13,780,000/159= 86,666 minutes, that's roughly 60 days, I did not took in account the 1% reduction per week, so it would take a bit longer.
see specs:
* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine
13,780,000/159= 86,666 minutes, that's roughly 60 days, I did not took in account the 1% reduction per week, so it would take a bit longer.
see specs:
* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine
May 22, 2014, 06:05:30 AM
Is NAUT gonna be fully mined in about 2 more months?
That's a terrible way to get good distribution and a good way to ensure massive hoarding by just a few people.
Am I missing something here? This guy, Brian Kelly, is a banker, there's better ways to achieve liquidity and maturity, but this isn't it.
May 22, 2014, 05:51:43 AM
BK says: "The sale to a merchant is easy...would you rather pay Mastercard 2% or use NAUT for free"
Seams you got all this wrong. Your competition is not Mastercard, it's Bitcoin, Litecoin etc. Also your main selling point is you are going to offer a much less volatile currency than Bitcoin and that is complete nonsense. At this stage Bitcoin is much less volatile than anything you can do with NAUT. The whole NAUT idea seams like a bad experiment on your part and the real question here is how fast are you going to get bored of it.
Seams you got all this wrong. Your competition is not Mastercard, it's Bitcoin, Litecoin etc. Also your main selling point is you are going to offer a much less volatile currency than Bitcoin and that is complete nonsense. At this stage Bitcoin is much less volatile than anything you can do with NAUT. The whole NAUT idea seams like a bad experiment on your part and the real question here is how fast are you going to get bored of it.
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