[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 384.

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: Berric on May 09, 2014, 08:50:08 PM

Now, we have a new NAUT server online. http://naut.0feepool.com/
Accounts have been synced. Just change to stratum+tcp://stratum.0feepool.com:3004 and mine.
Max vardiff set to 1024, it'll be faster for high hashrate rigs.
Support: 0feepool AT gmail

Awesome! Now we need to keep the hash spread evenly between the 2 0feepool's and bitember. This will avoid the 51% problem. Good work. I've moved my ~50MHs to the new 0feepool...

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: Berric on May 09, 2014, 08:50:08 PM

Now, we have a new NAUT server online. http://naut.0feepool.com/
Accounts have been synced. Just change to stratum+tcp://stratum.0feepool.com:3004 and mine.
Max vardiff set to 1024, it'll be faster for high hashrate rigs.
Support: 0feepool AT gmail

IS that address right? It's not naut.0feepool.com?

Berric

full member

Activity: 144

Merit: 100

Now, we have a new NAUT server online. http://naut.0feepool.com/
Accounts have been synced. Just change to stratum+tcp://stratum.0feepool.com:3004 and mine.
Max vardiff set to 1024, it'll be faster for high hashrate rigs.
Support: 0feepool AT gmail

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: bamsterdam on May 09, 2014, 08:21:34 PM

has there any proof of this brian kelly making this coin ?

The OP contains a link to the original CNBC story on me creating the coin

bamsterdam

sr. member

Activity: 453

Merit: 261

Look Morty magic internet money

has there any proof of this brian kelly making this coin ?

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: filipe3x on May 09, 2014, 05:34:27 PM

http://nau.bitember.com/ pool is working at 100%, just ignore the stats for now.

Let's spread that hash!!!! OP updated, website updated and I tweeted.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: BK_PHI on May 09, 2014, 07:31:35 PM

Quote from: creativecuriosity on May 09, 2014, 05:34:04 PM

Quote from: PilotofBTC on May 09, 2014, 04:39:24 PM

Quote from: FlyingMongoose on May 09, 2014, 04:36:02 PM

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.

In my honest opinion, the fund is better off at least semi-manual at the moment. Brian Kelley, the founder of NautilusCoin is a proven mind in the investment world; with legitimate trading credentials. An automation system fully fleshed out by the mind and intentions of Mr. Kelley would certainly be a boon to the community; but a rush to automation is ignoring and forgoing the fact that manual control is not a dirty word.

By manual operating the pool, I am trying to avoid trading bots gaming the buy and sell orders...once the market becomes more mature I will automate the NSF. The inspiration for the NSF Hayek's 'The Denationalization of Money' http://en.wikipedia.org/wiki/The_Denationalization_of_Money He advocated for private currencies and that consumers would gravitate to the most stable currency.

I have to say, I do enjoy the fact that you have a large, well, encyclopedia, of knowledge of these things for you to back up your methods and development of this coin, it's definitely helping the growth :-)

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: creativecuriosity on May 09, 2014, 05:34:04 PM

Quote from: PilotofBTC on May 09, 2014, 04:39:24 PM

Quote from: FlyingMongoose on May 09, 2014, 04:36:02 PM

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.

In my honest opinion, the fund is better off at least semi-manual at the moment. Brian Kelley, the founder of NautilusCoin is a proven mind in the investment world; with legitimate trading credentials. An automation system fully fleshed out by the mind and intentions of Mr. Kelley would certainly be a boon to the community; but a rush to automation is ignoring and forgoing the fact that manual control is not a dirty word.

By manual operating the pool, I am trying to avoid trading bots gaming the buy and sell orders...once the market becomes more mature I will automate the NSF. The inspiration for the NSF Hayek's 'The Denationalization of Money' http://en.wikipedia.org/wiki/The_Denationalization_of_Money He advocated for private currencies and that consumers would gravitate to the most stable currency.

BK_PHI

full member

Activity: 210

Merit: 100

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

The goal of the NSF is stable growth pattern so when merchants/users want to convert to BTC or fiat they have a reasonable expectation of a stable price. so YES the NSF will dampen upside and downside vol

foxy

sr. member

Activity: 476

Merit: 250

quick payment here earlier from 0feepool but spent most of the night afk mining on uber with 2 others whilst I was out of the house.

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: whatdidshedo on May 09, 2014, 01:50:54 PM

Quote from: PilotofBTC on May 09, 2014, 09:18:58 AM

I know several here have experience with BetaRigs... it is ok to make a payment right from an exchange? Or is it not advised?

i do it from mintpal, no issues and even if you sent from an exchange and it takes over 30 minutes and you don't receive work you just file a ticket with betarigs with tx id address and rigs you paid for and they send your btc back, happened to me once sending from polo cause the withdrawal was not processed on time, but mintpal always works well so far.

i did it from mintpal once and it worked fine just have to make sure you add the withdraw fee to the total for your rental

filipe3x

hero member

Activity: 1008

Merit: 500

http://nau.bitember.com/ pool is working at 100%, just ignore the stats for now.

creativecuriosity

full member

Activity: 182

Merit: 100

DGB.Get-By.com Admin

Quote from: PilotofBTC on May 09, 2014, 04:39:24 PM

Quote from: FlyingMongoose on May 09, 2014, 04:36:02 PM

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.

In my honest opinion, the fund is better off at least semi-manual at the moment. Brian Kelley, the founder of NautilusCoin is a proven mind in the investment world; with legitimate trading credentials. An automation system fully fleshed out by the mind and intentions of Mr. Kelley would certainly be a boon to the community; but a rush to automation is ignoring and forgoing the fact that manual control is not a dirty word.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: FlyingMongoose on May 09, 2014, 04:36:02 PM

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: CrypJ on May 09, 2014, 03:27:16 PM

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

FlyingMongoose

full member

Activity: 238

Merit: 100

Quote from: Cobra on May 09, 2014, 03:45:41 PM

Quote from: DigiByte on May 09, 2014, 03:21:50 PM

Great segment for Nautiluscoin today on CNBC!

http://video.c[Suspicious link removed]m/gallery/?video=3000274165

Very nice. It is worth including this link in the OP. Most people will arrive at the thread and may never see page 18.

There's been numerous existing articles on Nautiluscoin that BK has written at/for CNBC that I think should also be on the OP.

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: kskwerl on May 09, 2014, 03:53:37 PM

having trouble mining with my 16 gridseed blades at stratum+tcp://phi.0feepool.com:4005 do I need to use another port or manually set difficulty for 83MH?

Move over to bitember - nau.bitember.com:3369.

The stats show 0MHs for the site - this is wrong. There's over 60MHs currently mining. We could really use your help spreading the hash around!

kskwerl

full member

Activity: 322

Merit: 100

having trouble mining with my 16 gridseed blades at stratum+tcp://phi.0feepool.com:4005 do I need to use another port or manually set difficulty for 83MH?

Cobra

sr. member

Activity: 289

Merit: 250

Quote from: DigiByte on May 09, 2014, 03:21:50 PM

Great segment for Nautiluscoin today on CNBC!

http://video.cnbc.com/gallery/?video=3000274165

Very nice. It is worth including this link in the OP. Most people will arrive at the thread and may never see page 18.

Alan Jack783

newbie

Activity: 21

Merit: 0

This coin is certainly a period of time I have to keep it!

Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 384. (Read 901853 times)