Is NAV Coin the most undervalued cyptocurrency? I think so!

in #cryptocurrencies8 years ago

Hi Steemers.

Let's talk about NAV today!

I started investing in crypto at the end of 2013. Having heard about Bitcoin for the first time in 2012. It was 100usd each! I thought: ''This might have a future'' Well... a few months later a friend told me: ''Hey, that Bitcoin thing you told me is about a grand!''
Oh man! I missed the ship! Dammit...

Anyways...he told me about mining the alternatives (Alts). So, I said to myself. "I will miss the train once...not twice''
And a Rig was born!!! 5 lovely Sapphire RX 280x got ordered from Spain! (I am in the UK and by then all the RX's were sold out)
Setting up, clocking up, mining!!! It took me like a month to have it up and running.

My original plan was to use crypto profits to buy recording equipment ( I am a sound engineer)

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I have mined so many shitcoins since then. Fluttercoin, ThorCoin, CitizenCoin, RightCoin, PandaCoin, Elite Coin, VertCoin, Cannabis Coin, DarkCoin (before they changed the name to Dash to hide their scam) ETC...

Then in the summer 2014 after the defeat of the world cup (I am Argentinian) I found ''SummerCoin V2'' Life are made up of coincidences and in this case what attract this coin to my rig was the fact that my wife's last name is ''Summers''

I caught the last stage of the mining process. That's when I discovered that ''SummerCoin'' was a PoS (Proof of Stake)
That meant, blocks validated/generated from the full node wallet! Nice! no more excessive electricity bills and peace of mind for my wife (She used to call ''That Ponzi scheme you are into'')

Anyways, then I started to get more involved in the project. I started with bitcointalk (as everyone here I guess)

The project got more interesting when the team decided to go the Anon path. And a vote to change the name was put in place. The way NAV approached anonymous transactions was taken from the NAVAJO code talkers and their involvement in the WWII.

A new name for a great project! By then I sold my rig and bought BTC (discounted 2015 price of $400 usd each) with the BTC straight into ''NAVAJOS'' Wallet open for stakes and let it be.

I got even more involved with translations and my wife started to help doing proof reading.

2016 came so fast! My baby growing up and me getting more involved in crypto! And NAV moving up the charts (It was the 3rd crypto with most % change that year!)

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It was time to short the name. We didn't want to have any links to the NAVAJO tribe so we decided to shorten the name to NAV!

By then team started to work on NAV Tech! The decentralisation of their anonymous double encrypted sub-chain! What a name dude!!!

And exponential growth started to happen! (I still remember when my portfolio was worth $10k usd! what a feeling!)

The communication channels started to grow. Slack, Telegram just as fast as it's community!

And community started to ask for development. SegWit was activated on NAV's network in 2 weeks of voting process!!! First PoS coin doing it! And NAV became more known!

Dev team brought some cool options like Android wallet through Coinomi and the NAVPi. An image for Raspberry Pi that allows users to generate blocks spending less than 5v!!!!!

Now the projects:

Polymorph: This projects hand in hand with the exchange Changelly will allow users to anonymise any alt coin in that exchange running through NAV's sub-chain.

NAV Tech Adapps: Imagine creating anon apps adapting ETH/ETC into NAV's subchain! So many possibilities, so much freedom!

They are also working in allowing users to run NAV Tech from their wallets in order to process anon sends and get rewards!

Let's Talk $$$$$$ now!

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A glimpse on that chart allows us to see the immense growth NAV has had in the past few months. Sitting around 15k sats or $0.45 usd nowadays the value is more likely to increase. In my projections I think it should be now around 45k sats at least! comparing it to other Anon coins. Bearing in mind a different approach since NAV is a PoS coin giving 5% annual return of the coins held for stake.

Dedicated Dev team in continuous growth with new ideas and a clear concept, Hard core community with a constant support and reaching to other languages (the Spanish speaking fans are getting bigger by the day) and a very attractive product makes NAV a highly undervalued currency.

Anyways,

I am now holding other coins long term too: STEEM (I love this platform) ETH, ETC, XMR (competitor but hey! this is $$$$) MAID (Scottish devs!) I even bought LTC!!!

And Yes!, I am buying recording equipment, paid my debt, moving houses...a LAMBO??? Nahhhhh I am classier than that! I want to travel the world instead!

Salud and thanks for reading!

NAVCoin

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Hey guys! Just wanted to share this. You can Earn while you Trade or Hodl at Btcpop.co!

If there are any lazy stakers out their Btcpop stakes deposits for you and gives you proportionate rewards

Great post!!
Me ha gustado y voy a reesteemit! :)
Mi nombre en Nav slack: cryptoup

Hola Greensmile, Gracias por el reesteem...
Hay una gran comunidad de NAV en castellano en Telegram, de vez en cuando sorteo/regalo unos NAVs ahi: https://t.me/NavCoinEs

Salute!

Interesting post.
I have a question about that NAV Rasperry Pi model.
So when you buy it - how complicated is the installation?
Or you just plug it into power and it starts mining?

How many NAV coins possible to mine monthly with it?
In what time the investment ($100) might return?

I'm thinking may be to buy, as I like PoS concept more than proof of work, etc.
But if the mining is hard to setup than there is no need in it

Hi bro.. Sorry I didn't check on your questions. If you buy the NAVPI from NAV's website the image will be pre installed. https://store.navcoin.org/product/navpi-stakebox/
Also you can buy your own PI and install the image. It's quite easy: https://github.com/NAVCoin/navpi/blob/master/README.md

Note: You can download the full node wallet as well. Rasp Pi is more secure but both run the same deamon.

for tutorials: https://navtechservers.com/video-tutorials/navpi/

Cost of electricity vs PI vs ROI: https://navtechservers.com/navtech-tools/staking-calculator/

Info how PoS work: https://steemit.com/cryptocurrency/@bocyaj/nav-coin-proof-of-stake-informational-guide

Join us in Telegram for more info:

https://t.me/navcoin