Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 760. (Read 2085654 times)

Hey I agree. I'm behind this team that's why I've got 15 BTC worth of NAV right now and holding. (It was 11-12 BTC this morning when I woke up but gotta love the 33% increase 

But I still think until the NMG & CSG subchains are decentralized we won't see the moon yet. And this isn't a worry about "MEAGRE stake interest, if it exists", it's bigger than that! Do you understand how crypto works and doesn't break? It's not by traders, it's by code. So when I asked the guys what is securing the subchains (NMG & CSG) it's because I want to know that the crypto won't break. Without PoW (or something in it's place, ie: PoS) Bitcoin would fail. Miners won't mine if there is no reward and when miners don't mine then the blockchain stops working. And the same is true with every crypto forked off of it. That's 1/2 of the 2 Brilliant inventions Satoshi gave us; the blockchain.

So I could care less of the stake interest anybody is receiving, but I care greatly about what's securing it. That means it better damn well exist! So it sounds like PoS is what is securing it but it also sounds like there aren't any rewards for staking it. So I still want to know if this is a hybrid PoS system or different for the NMG & CSG subchains. It's ok if there aren't any rewards atm because on Monday there will only be 1 centralized node (the foundation) and they don't have any reason to hurt their hard work. But what about those of us who want to be nodes when it's decentralized. There has to be something that will secure the double encryption tech or it will break. Again, it sounds like it's PoS, which is great,but what are the rewards? 1%, 2%, 10% annually, per transaction, what? What is going to entice [hopefully] a whole bunch of us to operate nodes? <-- This is my whole point: a whole bunch of nodes so we're decentralized and unbreakable.

And I also will be very anxious for the decentralized model to be running ASAP. We all trust the Devs and the foundation whole-heartly, but true anonymity in the digital realm can't be controlled by one person/group.  Too much could happen to 1 entity and shut down the whole operation.
 

• What if the server goes down - will NAV ANON not be available until it's back online?
• What if the NSA or someone puts pressure on the ISP of their node - will NAV still work but not the ANON part of it?
• What if they open it up to other nodes and while they are getting nodes someone controls more than 51% of them and kills the coin - for example: say the Navajo Foundation owns 1 node and the first 2 new decentralized nodes are owned by a bad person and they control 66% of the NMG & CSG subchains all of a sudden?

I can't wait to be Navajo "Magic" Gateway node & Choctaw Star Gateway node. I'd like to know what the rewards for operating a node will be. Until then I won't worry about somebody taking over the double encrypted subchains because one group already has 100% control of it.

TL;DR
We won't see the moon until we have 100% Decentralized-Anonymity. It'll be fun to see how high we go in the meantime 

I see what you did there

Just a little correction

 

been waiting so long. Congrats to all of us who have stood by Soopy & team while we accumulated in the 300's I wish I had bought 10x the amount that I did but I'm still happy.

Let's also maintain our civility and not be callous towards those who did not stand with us then.

Always keep in mind that crypto is still in it's infancy and any coin with a team like that of navajo is a bargain under 5,000 sats.

The few coins that find their niche & survive the next few years will be because of strong, innovative and dedicated development & marketing teams.

A coin like Nav can easily reach the $1 - $10 mark in a couple years but patience and support of the team behind the coin is essential.

Mature trading styles go a long way as well. Major manipulation is short minded and only hurts a coins future as outsides do not see a stable investment. Big outside money will never invest in high volatility.

Hold, be patient, reap the rewards in the long run.

I like it- my predictions was right -quote  #9878 almost 4000 sat today- on cryptsy 3900 sat highest price:)

Hold you coins don't sell at cheap buy orders soon each NAV will at $10
just 2 Days remaining to get cheap NAV

i easily see it @ 300k sat  soon

I am glad to see how NAV is moving with DEVs AND community doing a terrific job, particularly answering questions from new folks and potential investors.

 Only thing I regret is not buying even more at 300 range than I did hehe(bought about 350 K then and now have 511K so I am very content).

Monday I will make donations to the DEVS and for the maintenance of the server... Keep it up!


Cheers
Robb79

yeah its last call under 4gs yo!

If you want cheap coins, don't set the buy order and waiting for someone eat your buy order.
Go and eat those sell orders.

my "im sorry" is provocative   , if you want cheap navajocoin buy this 0.00003730 - 29340 - 1.0944 btc

Yeah, totally agree with you.
There was best opportunity when price was at 200-300 for 5 months.
Now that opportunity has been changed to the dream, there is still last opportunity to buy at 3000+
Don't miss the train.

waiting indeed, trying the staking process now.
stay tough guys and hang tight.

We need to give the DEV team time, these are minor issues that can be sorted after NAV ANON release.

I am NOT SORRY, and I don't care. He should have bought coins 2 months ago, when some members were still spreading FUD.
He better get them now at 3000+ Sat, before this opportunity is gone also

We need to give the DEV community TIME and CREDIT for the GROUNDBREAKING TECHNOLOGY that already exists. There is room for improvement after NAV ANON - this will be done in stages. I do not feel that DEVs will put their credibility on the line by being dishonest with a MEAGRE stake interest, if it exists.

there are now over 58 million coins..........so your math is off

anyway, i  see a million $ market cap by monday, if not sooner

the price was low for months you must not complain, you could buy in january for 300 sat ! it's Too late now And I'm sorry

Just noticed the Poloniex market data shows up on my Linux QT and not the Windows one. so weird.

http://navajocoin.org/rich-list

What 50%?
1. 5,345,049
2. 4,302,140
3. 3,000,000

This is 50%? Your'r not correct. Please remind elementary school math
BTW these wallets are exchanges bittrex, cryptsy, etc.