Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.
i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.
maybe by next year if there is a full blown community takeover.
And by "community" i mean 1 actually competent dev and a few bagholders.
At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.
But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.
Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.
You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.
I also agree, if coins like BC, PPC or NXT is plummeting, then NAUT is very normal to plummet, no regular updates, etc as I mentioned in the other thread.
Hoping that this price recovers, I still hold my 90k NAUT (bought back again for the hope to recover my loss) even though I lost my faith in BK, waiting for Miracle to happen or I lose it all.
Update: Price is 4.3-4.6k now. More dump will follow if no updates etc.. Not being negative, just being realistic.