[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 368.

badon420

full member

Activity: 159

Merit: 100

abaddon

Quote from: BK_PHI on May 12, 2014, 01:20:58 PM

Want to buy something with your newly minted Nautiluscoin? Try this on for size....

In order to get the word out on NAUT we are putting together an order for these t-shirts. These can only be bought with NAUT and will allow us to show merchants how easy it is to accept NAUT.

Before I tweet it put to the general public I want to let the community know and offer you first dibs.

Send me a PM with your size and then 200 NAUT to NX3D6UVyr88iW4q9pVQsJtZha1FDC9aozy

Also will need your shipping address. It will take about a week to have these printed up and then we will ship them out to you.

-BK

EDIT: AND YES these are protected by Trademarks!!

BK! This is great. Nautilus is already on the road to more exposure and real world adoption.

ficklepickle

member

Activity: 70

Merit: 10

Looks like 4-5 multipools are at this coin hardcore Roll Eyes

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: BK_PHI on May 12, 2014, 01:20:58 PM

Want to buy something with your newly minted Nautiluscoin? Try this on for size....

In order to get the word out on NAUT we are putting together an order for these t-shirts. These can only be bought with NAUT and will allow us to show merchants how easy it is to accept NAUT.

Before I tweet it put to the general public I want to let the community know and offer you first dibs.

Send me a PM with your size and then 200 NAUT to NX3D6UVyr88iW4q9pVQsJtZha1FDC9aozy

Also will need your shipping address. It will take about a week to have these printed up and then we will ship them out to you.

-BK

EDIT: AND YES these are protected by Trademarks!!

These are great, will be ordering one shortly :-) should add this to first post

ltcjunky43

full member

Activity: 182

Merit: 100

Quote from: BK_PHI on May 12, 2014, 01:20:58 PM

Want to buy something with your newly minted Nautiluscoin? Try this on for size....

In order to get the word out on NAUT we are putting together an order for these t-shirts. These can only be bought with NAUT and will allow us to show merchants how easy it is to accept NAUT.

Before I tweet it put to the general public I want to let the community know and offer you first dibs.

Send me a PM with your size and then 200 NAUT to NX3D6UVyr88iW4q9pVQsJtZha1FDC9aozy

Also will need your shipping address. It will take about a week to have these printed up and then we will ship them out to you.

-BK

EDIT: AND YES these are protected by Trademarks!!

+1 this is great! I'll go ahead and purchase one when i get a chance. Nice job!

carloss

member

Activity: 64

Merit: 10

Hello all,

I have a problem with nautiluscoind (last version from github repo) - it failed after 30 mins of running:

Code:

2014-05-12 10:24:49 nActualTimespan = 313  before bounds
2014-05-12 10:24:49 GetNextWorkRequired nActualTimespan Limiting
2014-05-12 10:24:49 GetNextWorkRequired RETARGET
2014-05-12 10:24:49 nTargetTimespan = 60    nActualTimespan = 90
2014-05-12 10:24:49 Before: 1c010da2  00000000010da200000000000000000000000000000000000000000000000000
2014-05-12 10:24:49 After:  1c019473  0000000001947300000000000000000000000000000000000000000000000000
2014-05-12 10:24:49 UpdateTip: new best=54c9f2bf4c7ef93bd53ff78cfcdecb19199a9f1ae076f7467eb05b42c96f3b25  height=10807  log2_work=49.406987  tx=16669  date=2014-05-12 10:24:18 progress=0.000539
2014-05-12 10:24:49 ProcessBlock: ACCEPTED
2014-05-12 10:25:10 receive version message: /Nautiluscoin:1.1.0/: version 70002, blocks=10807, us=195.47.113.76:11161, them=79.136.10.173:11161, peer=79.136.10.173:55669
2014-05-12 10:25:10 Added time data, samples 13, offset -5 (+0 minutes)
2014-05-12 10:25:10 nTimeOffset = -1  (+0 minutes)
2014-05-12 10:27:34 ERROR: CAddrman::Write() : open failed
2014-05-12 10:29:52 receive version message: /Nautiluscoin:1.1.0/: version 70002, blocks=10807, us=195.47.113.76:11161, them=99.255.142.187:11161, peer=99.255.142.187:56135
2014-05-12 10:32:43 UPnP Port Mapping successful.
2014-05-12 10:32:50 receive version message: /Nautiluscoin:1.1.0/: version 70002, blocks=10797, us=195.47.113.76:11161, them=59.95.194.195:11161, peer=59.95.195.160:59970
2014-05-12 10:32:50 Added time data, samples 14, offset +4 (+0 minutes)
2014-05-12 10:33:43 nActualTimespan = 24  before bounds
2014-05-12 10:33:43 GetNextWorkRequired nActualTimespan Limiting
2014-05-12 10:33:43 GetNextWorkRequired RETARGET
2014-05-12 10:33:43 nTargetTimespan = 60    nActualTimespan = 45
2014-05-12 10:33:43 Before: 1c019473  0000000001947300000000000000000000000000000000000000000000000000
2014-05-12 10:33:43 After:  1c012f56  00000000012f5640000000000000000000000000000000000000000000000000
2014-05-12 10:33:43 *** System error: boost::filesystem::create_directories: Permission denied: "/home/carloss/.nautiluscoin"
2014-05-12 10:33:43 Error: System error: boost::filesystem::create_directories: Permission denied: "/home/carloss/.nautiluscoin"
2014-05-12 10:33:43 ERROR: ProcessBlock() : AcceptBlock FAILED
2014-05-12 10:33:43 msghand thread interrupt
2014-05-12 10:33:43 opencon thread interrupt
2014-05-12 10:33:43 dumpaddr thread stop
2014-05-12 10:33:43 addcon thread interrupt
2014-05-12 10:33:43 net thread interrupt
2014-05-12 10:33:43 Shutdown : In progress...
2014-05-12 10:33:43 StopNode()
2014-05-12 10:33:43 UPNP_DeletePortMapping() returned : 0
2014-05-12 10:33:43 upnp thread interrupt
2014-05-12 10:33:43 ERROR: CAddrman::Write() : open failed

Any idea? Folder /home/carloss/.nautiluscoin exists an its writable:

Code:

carloss@stakemaster:~$ ls -l -a | grep nautiluscoin
drwxrwxr-x  5 carloss carloss  4096 May 12 12:12 .nautiluscoin

Code:

drwxrwxr-x  5 carloss carloss    4096 May 12 12:12 .
drwx------ 25 carloss carloss    4096 May 12 12:15 ..
drwx------  3 carloss carloss    4096 May 12 11:58 blocks
drwx------  2 carloss carloss    4096 May 12 12:12 chainstate
drwx------  2 carloss carloss    4096 May 12 12:12 database
-rw-------  1 carloss carloss       0 May 12 11:58 db.log
-rw-------  1 carloss carloss 7324007 May 12 12:33 debug.log
-rw-------  1 carloss carloss       0 May 12 11:58 .lock
-rw-rw-r--  1 carloss carloss     131 May 12 12:00 nautiluscoin.conf
-rw-rw-r--  1 carloss carloss       6 May 12 12:12 nautiluscoind.pid
-rw-------  1 carloss carloss   26916 May 12 12:12 peers.dat
-rw-------  1 carloss carloss   61440 May 12 12:22 wallet.dat

OS: Ubuntu Server 14.04, boost 1.55
I have same issue with myriadcoind, will ask in their thread as well. I don't have this issue with other wallets...

Please help

kalashnikovski

member

Activity: 252

Merit: 10

BK good work on the tshirts.
Any update on getting on coinmarketcap?
I think we should try to get on asap before a massive pump as being on cmc and then having a pump will create awareness for the coin.

BK_PHI

full member

Activity: 210

Merit: 100

Want to buy something with your newly minted Nautiluscoin? Try this on for size....

In order to get the word out on NAUT we are putting together an order for these t-shirts. These can only be bought with NAUT and will allow us to show merchants how easy it is to accept NAUT.

Before I tweet it put to the general public I want to let the community know and offer you first dibs.

Send me a PM with your size and then 200 NAUT to NX3D6UVyr88iW4q9pVQsJtZha1FDC9aozy

Also will need your shipping address. It will take about a week to have these printed up and then we will ship them out to you.

-BK

EDIT: AND YES these are protected by Trademarks!!

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

Quote from: drumingspz on May 12, 2014, 11:12:42 AM

Quote from: ?? on ??

.--== MOOOPOOL http://Nautilus.mooo.coM MOOOPOOL ==--.

MoooPooL Congratulates drumingspz for finding 5 blocks, the most during our promotional period and gathering a total of 50 bonus NAUT on top of the 1% to all miners working.

We have ramped up to well over 100MH of miners, and are now solving blocks on a consistent basis.

You are welcome to join our recently upgraded and dedicated North American East Coast server out of NY State.

Dedicated american server, blazing fast stratum, PPS distribution at a fair 3% Fee.

Current 1% bonus payout ALL WEEK LONG

Thank you for the bonuses. Now that the promo is over, I'll bounce back to 0fee for - well - 0 fees Cool

that is of course your perogative

you are welcome back anytime!

10-4. Mining is getting less and less profitable - so I'm letting my leased rigs run their course and am not re-renting. You aren't missing that much hash anyway. It was fun while it lasted.

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: richiela on May 12, 2014, 11:47:31 AM

Hey all,

Got a bunch of requests so we've added you guys to bittrex.com as well!

https://www.bittrex.com/Market/Index?MarketName=BTC-NAUT

Happy trading!

Thanks,
Richie

Thanks! adding

ltcjunky43

full member

Activity: 182

Merit: 100

@BK_PHI

check your PM's. I have sent you a message.

richiela

hero member

Activity: 937

Merit: 1000

Hey all,

Got a bunch of requests so we've added you guys to bittrex.com as well!

https://www.bittrex.com/Market/Index?MarketName=BTC-NAUT

Happy trading!

Thanks,
Richie

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: BK_PHI on May 12, 2014, 11:39:28 AM

Quote from: FlyingMongoose on May 12, 2014, 11:29:50 AM

Quote from: BK_PHI on May 12, 2014, 11:21:42 AM

NSF Update

Just wanted to give everyone an update on the NSF. I have moved most of the NSF to cold storage and will transfer coins as needed to the exchanges that need it. Since the volume has been at Poloniex that is where we have been active. Over the last few hours we:

Bought 8961.69 NAUT an average price of 0.000216

and we

Sold 9324.012 NAUT at an average price of 0.00021

In this case we lost a little money, but sometimes we make money and those profits are recycled back into the NSF. We did lose a small amount of BTC at AGX, which were the profits from the first week in action.

The NSF is price agnostic, it does not seek to push the price up or down. The goal of the NSF is to create a stable coin, so as we sell coins we will bid for coins. At this point it is more art than science as each new exchange and development have a big impact on price.

A note of caution: I know there is a lot of excitement about this coin and I have been blown away by the response. However, you are all adults and know that this business is new and still very much the wild west. As we saw this weekend, unexpected developments can and do occur. I would encourage everyone to not only diversify, but also be aware that this is highly speculative.

Thanks for the update.

....and I am trying to get an estimate on MAC wallet...as promised Wink

Thanks again

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: FlyingMongoose on May 12, 2014, 11:29:50 AM

Quote from: BK_PHI on May 12, 2014, 11:21:42 AM

NSF Update

Just wanted to give everyone an update on the NSF. I have moved most of the NSF to cold storage and will transfer coins as needed to the exchanges that need it. Since the volume has been at Poloniex that is where we have been active. Over the last few hours we:

Bought 8961.69 NAUT an average price of 0.000216

and we

Sold 9324.012 NAUT at an average price of 0.00021

In this case we lost a little money, but sometimes we make money and those profits are recycled back into the NSF. We did lose a small amount of BTC at AGX, which were the profits from the first week in action.

The NSF is price agnostic, it does not seek to push the price up or down. The goal of the NSF is to create a stable coin, so as we sell coins we will bid for coins. At this point it is more art than science as each new exchange and development have a big impact on price.

A note of caution: I know there is a lot of excitement about this coin and I have been blown away by the response. However, you are all adults and know that this business is new and still very much the wild west. As we saw this weekend, unexpected developments can and do occur. I would encourage everyone to not only diversify, but also be aware that this is highly speculative.

Thanks for the update.

....and I am trying to get an estimate on MAC wallet...as promised Wink

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: BK_PHI on May 12, 2014, 11:21:42 AM

NSF Update

Just wanted to give everyone an update on the NSF. I have moved most of the NSF to cold storage and will transfer coins as needed to the exchanges that need it. Since the volume has been at Poloniex that is where we have been active. Over the last few hours we:

Bought 8961.69 NAUT an average price of 0.000216

and we

Sold 9324.012 NAUT at an average price of 0.00021

In this case we lost a little money, but sometimes we make money and those profits are recycled back into the NSF. We did lose a small amount of BTC at AGX, which were the profits from the first week in action.

The NSF is price agnostic, it does not seek to push the price up or down. The goal of the NSF is to create a stable coin, so as we sell coins we will bid for coins. At this point it is more art than science as each new exchange and development have a big impact on price.

A note of caution: I know there is a lot of excitement about this coin and I have been blown away by the response. However, you are all adults and know that this business is new and still very much the wild west. As we saw this weekend, unexpected developments can and do occur. I would encourage everyone to not only diversify, but also be aware that this is highly speculative.

Thanks for the update.

BK_PHI

full member

Activity: 210

Merit: 100

NSF Update

Just wanted to give everyone an update on the NSF. I have moved most of the NSF to cold storage and will transfer coins as needed to the exchanges that need it. Since the volume has been at Poloniex that is where we have been active. Over the last few hours we:

Bought 8961.69 NAUT an average price of 0.000216

and we

Sold 9324.012 NAUT at an average price of 0.00021

In this case we lost a little money, but sometimes we make money and those profits are recycled back into the NSF. We did lose a small amount of BTC at AGX, which were the profits from the first week in action.

The NSF is price agnostic, it does not seek to push the price up or down. The goal of the NSF is to create a stable coin, so as we sell coins we will bid for coins. At this point it is more art than science as each new exchange and development have a big impact on price.

A note of caution: I know there is a lot of excitement about this coin and I have been blown away by the response. However, you are all adults and know that this business is new and still very much the wild west. As we saw this weekend, unexpected developments can and do occur. I would encourage everyone to not only diversify, but also be aware that this is highly speculative.

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

.--== MOOOPOOL http://Nautilus.mooo.coM MOOOPOOL ==--.

MoooPooL Congratulates drumingspz for finding 5 blocks, the most during our promotional period and gathering a total of 50 bonus NAUT on top of the 1% to all miners working.

We have ramped up to well over 100MH of miners, and are now solving blocks on a consistent basis.

You are welcome to join our recently upgraded and dedicated North American East Coast server out of NY State.

Dedicated american server, blazing fast stratum, PPS distribution at a fair 3% Fee.

Current 1% bonus payout ALL WEEK LONG

Thank you for the bonuses. Now that the promo is over, I'll bounce back to 0fee for - well - 0 fees Cool

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: cryptocointools on May 12, 2014, 10:54:45 AM

Anybody read this article before investing into this coin? (http://www.c[Suspicious link removed]m/id/101573131)

"I went back to Coingen and created another coin called Nautiluscoin (www.nautiluscoin.com), so named because a nautilus grows at a steady, stable rate."

"the team at AGX found a flaw in my coin which would allow miners with powerful computers to hoard all my coins"

"Since the project began as a way to learn, I decided that the best use of Nautiluscoin was education."

Not saying this coin can't be successful. I have been mining it.. But, those just seem like some red flags to me, so I will be sure to keep a close eye on this one.

This was prior to the addition of Digishield, and other things implemented into Nautiluscoin. While he at first used it as a form of education for himself in the virtual currency world, he has since (in this thread) emphasized that he has (and will) support Nautiluscoin outright. He also has said (again in this thread), he's adding to the NSF out of his own pocket.

cryptocointools

full member

Activity: 224

Merit: 100

CryptocoinTools.com

Anybody read this article before investing into this coin? (http://www.cnbc.com/id/101573131)

"I went back to Coingen and created another coin called Nautiluscoin (www.nautiluscoin.com), so named because a nautilus grows at a steady, stable rate."

"the team at AGX found a flaw in my coin which would allow miners with powerful computers to hoard all my coins"

"Since the project began as a way to learn, I decided that the best use of Nautiluscoin was education."

Not saying this coin can't be successful. I have been mining it.. But, those just seem like some red flags to me, so I will be sure to keep a close eye on this one.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: jjj0923 on May 12, 2014, 08:56:07 AM

Quote from: SteadyAsSheGoes on May 12, 2014, 08:54:37 AM

Quote from: jjj0923 on May 12, 2014, 08:21:15 AM

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

Sounds like you don't exactly have a realistic expectation. It's not like a stabilization fund keeps the price up regardless of how high it goes.

how would you define a stabilization fund?

I'm just going off how it was defined originally.

Quote

Nautiluscoin Stabilization Fund:

Trading and Stabilization Operations

One percent of Nautiluscoin was pre-mined and partially used to establish the Nautilus Stabilization Fund (NSF). All proceeds from sales of the pre-mined coins allocated to the NSF will be used to place buy orders for Nautiluscoin. The NSF will actively make a market in Nautiluscoin to ensure a stable growth pattern. The goal of the NSF is to reduce price volatility while providing steady price appreciation. By allowing for price appreciation, the NSF will combat the effects of inflation on purchasing power.

so - how much of the premine has been used to stabilize the coin - doesn't look like a single coin if you ask me based on the volatility it professes to combat. Huh

I believe BK said he was using it last night. Ultimately the 45k satoshi was a push by people buying in due to the difficulty in mining (thanks to multipools pointing at this coin).
The majority of those people are in for long term (otherwise it'll be a loss for them). Also, looking at the block explorer: http://explorer.nautiluscoin.com/ total coins so far is 1887349.38148
At maximum coins of 16,800,000 one percent (1%) is only 168,000 coins.

The NSF needs to be managed carefully. We know that BK had the NSF on AGX while it was down (unfortunately, as it could have helped stabilize at the around 25-30k mark on Poloniex), the stabilization fund is not going to maintain a peak otherwise it would disappear, really fast. Also, if you look at the general trend, on both AGX and Poloniex, while it may be down 50% from within 24 hours, it's still up more than 200% from just a few days ago. (.0002 (current price)/0.000091 (price on Poloniex as of May 11) = 2.19 * 100 = 219)

I still have faith in the future of this coin, and expect it to go far beyond that 45k mark. Block explorer (as post above says) is up, and BK you did say you'd push for an estimate on Mac wallet once that was running Wink

. But coinmarketcap first.

BK_PHI

full member

Activity: 210

Merit: 100

working on coinmarketcap today

Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 368. (Read 901853 times)