Don't forget Bryce the Weiner.

If that didn't telegraph Kelly's next move then nothing will.

You will never leave us. Admit it already.

Also, there might be better options than Naut right now, and if your Naut investment stops you from buying those, sell by all means. But I have enough spare BTC to buy any coin I want, so I cant see what can go wrong with a few BTC in NAUT. Could drop to zero, but hey thats what most cryptos do sooner or later and this one still has the remote chance to take off.

Congrats on your move.  What did you buy, BTW?  And what are you buying now?

Cheers!

Does 2% make me a double moron?  lol

A $100 "volume bot" and the cooperation of one single exchange would easily fix the volume issue.

The bigger problem is the cost of marketing to raise awareness.  After they do a simple merge mine patch and add some security and other improvements to the code, of course.

The cost of marketing is the biggest reason BK needed to grab 50%+ of the outstanding coins.

Well, that and a deep seeded desire to have absolute control over your own coin, improve security, [and to make even more money].  lol

I could live with that!!

Did you guys see BK admitting today that PoS was a mistake and won't be secure?

Hahaaa, he blocked me 6 months ago for saying exactly that.

That's great news though - theyll merge mine NAUT and get a huge hash rate making NAUT good for a push into mainstream later this year.

Just like I expected!

hey u get my message?

He doesn't know shit about the crypto or tech but he knows how to make money on an illiquid [easily manipulated] asset.

I'll take that over a computer geek all day long.

Crypto is money more than it is technology.  And these money guys [BK and Keiser] will make the most out of their own coins.

Why do you think BK hired Bryce?  I even knew Bryce couldn't even compile a windows wallet and I warned BK AND HE blocked me for warning him.  lol

He purposely hired Bryce cause he knew Bryce was incompetent and would waste 3 months and then BK would look like he wasn't at fault while the price would get killed.

BRILLIANT!  Hahahaa!

Morning all -

Big day for NAUT!!!! 

A few updates:

PoS

On the PoS front, we found a bug yesterday when we were preparing for final implementation and beta testing - once we have it fixed I will let everyone know. 

I would still like to have PoS switch before the fight, but I am not sure that is feasible - I would like to get your thoughts on this.

In the mean time, I will keep the ASIC farms going so we have as few confirmation issues as possible. 

PoS Multipool

Going forward, I know we have at least one PoS multipool in the works and I was contacted by another today. As well I have talked to an owner of an ASIC rig about working together with the NAUT community to lease the rig for the multipool. 

Code Audit

Love that co-workers were talking about the Fitch fight!!!  hopefully the momentum is just beginning.

As for best/worst practices - I agree we need to look around and see what others are doing - but most important IMO is to compete with economics - that is our value proposition.   I have a few ideas that I am fleshing out right now - but mostly I am spending time today finishing my book on Bitcoin/alts.  Of course NAUT is a big part of the book!

I think the next steps are this:

1.) Test implement PoS
2.) Update website BEFORE fight so that it clearly shows how to buy NAUT
3.) Layout long term plan - 6 months + (which I am working on now)

-BK

Morning All -

just wanted to pass along the update on PoS from the dev team:

 "i think we will be able to test the implementation before 5th july.
sources are more or less finished. just some informational stuff like staking icon and staking stats + stake modifier in kernel need some adatpions. i am on it today. i ll give you n final update tonight/tomorrow morning."

-BK

This coin was suppose to have POS on July 4th 2014 during the Jon Fitch pump and dump.  BK never had the common courtesy to come in and say "sorry guys POS is on hold and it will be for a while"  Had I would have known that, I would have dumped my coin a long time ago.

The ONLY reason I held this coin as long as I did is because BK himself said POS was coming any day, even after they missed the July 4th target.

He wouldn't even come in the thread and have the common courtesy to post any updates.  I figured maybe he didn't want to post because there were so many trolls in the thread, so I started a moderated thread and deleted any troll post's.

Anyone that had a fair opinion without slandering, their post stayed.

So now here we are 6 months later, and still no updates from BK.  Not 1.

Sorry to hear that man.  This is Wall Street 101.  I expected these kinds of games from guys like Keiser and BK and I'm glad they didn't let me down.  MAX, START and NAUT were artificially pushed down so they can buy a controlling stake for cheap.  

Now we just wait and let them do all the work.  It's great if you know what's coming otherwise you're right, a lot of people lost their money.  I traded stocks for a long time so I learned how the game is played with heavy losses of my own.  Enough to pay for another 4 years at a good University.  That's the school of Hard Knocks.  

Good luck!