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Author Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield  (Read 901709 times)
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June 11, 2015, 07:41:38 PM
 #5901

I'm not affiliated with Brian or NAUT, so I have no additional information than what is public.  However, I  think the wording of "quiet period" isn't just a coincidence, as it is a term used in the financial realm often.  I can only assume there are legal details being worked out at this time.

Based on previous updates from BK, mainly the March update, he outlines 2 things he wishes to accomplish with NAUT:

"mining centralization and lack of a buyer of last resort"

I believe the "buyer of last resort" idea is the reason for legal details needing to be worked out, and the reason for the silence.  In later updates he says they are in talks with an identified partner. 

"The stability fund was our first answer to the buyer of last resort issue; however, we believe a better solution exists. We will be spending the next month in consultation with economists and academic partners to identify the best way to create a buyer of last resort that will be hard coded into Nautiluscoin."


I can't imagine how this will work, but that's the info we have to speculate on.   Kiss
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June 11, 2015, 07:58:22 PM
 #5902



"The stability fund was our first answer to the buyer of last resort issue; however, we believe a better solution exists. We will be spending the next month in consultation with economists and academic partners to identify the best way to create a buyer of last resort that will be hard coded into Nautiluscoin."


I can't imagine how this will work, but that's the info we have to speculate on.   Kiss

I know there has been some work in the field of anti-dumping mechanisms in other coins which may be something he is considering. I do remember that was one of the first primary reasons for Naut was to try and solve some of the volatility problems of Bitcoin.
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June 11, 2015, 11:51:37 PM
 #5903

This coin is getting stronger.
Must be some good news Wink
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June 13, 2015, 10:43:03 AM
 #5904

Possibly relevant, depending on the July news...

http://www.telegraph.co.uk/finance/currency/11672048/Is-Greece-at-risk-of-being-the-next-Zimbabwe.html
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June 13, 2015, 12:33:06 PM
Last edit: June 13, 2015, 12:53:33 PM by halinyo
 #5905


If NAUT is used for Drachmae project, then the price per NAUT can make at least a jump of x100 from here, and could go up to x500 range at the peak.
Therefore, it is so difficult to understand those sell walls at 6k-10k... LoL... We just need to buy and be patient... Coz as it seems from BK's tweet, he is long term in this and waiting for the right moment. Please place some more sell walls, so that I can buy more at cheap as possible. But dont worry, I will clean those sell walls when the time is right Cheesy

We all know this thing will fly in the end, patience will pay it off Wink

PS: Drachmae speech of LEE GRANT @payExpo 2015: https://www.youtube.com/watch?v=QVXL3XzubDQ
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June 13, 2015, 08:03:47 PM
 #5906

Found this on youtube: https://www.youtube.com/watch?v=Tp4QZw3J8rg  BK talks a little bit about digital currency and blockchain/investing.  A little dated, April 12, 2015, but still interesting to watch.
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June 16, 2015, 10:30:30 AM
Last edit: June 18, 2015, 11:17:58 AM by halinyo
 #5907

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT committee.

Best,
Halin
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June 18, 2015, 10:42:18 AM
 #5908

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT comittee.

Best,
Halin

Any response from your tweet to BK (if that was you)?
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June 18, 2015, 11:17:43 AM
 #5909

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT committee.

Best,
Halin

Any response from your tweet to BK (if that was you)?

There is no response directly from BK, but I got another update about creating a committee for NAUT, where we will have no overall supreme leader, in an equal manner, we will have votes and discussions internally and proceed for the faith of NAUT. Anybody would like to take a seat in the committee, contact me. Since, there are quite some interests, I might need to choose top 5 people with their level of interest and background with digital currency and NAUT. So you need to show your interest via PM,DM. Cheers.
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June 19, 2015, 10:17:54 AM
 #5910

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT committee.

Best,
Halin

Any response from your tweet to BK (if that was you)?

There is no response directly from BK, but I got another update about creating a committee for NAUT, where we will have no overall supreme leader, in an equal manner, we will have votes and discussions internally and proceed for the faith of NAUT. Anybody would like to take a seat in the committee, contact me. Since, there are quite some interests, I might need to choose top 5 people with their level of interest and background with digital currency and NAUT. So you need to show your interest via PM,DM. Cheers.

Sounds good, any idea when the hangout will happen?.

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WALLET




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June 19, 2015, 05:01:12 PM
Last edit: June 19, 2015, 05:52:35 PM by halinyo
 #5911

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT committee.

Best,
Halin

Any response from your tweet to BK (if that was you)?

There is no response directly from BK, but I got another update about creating a committee for NAUT, where we will have no overall supreme leader, in an equal manner, we will have votes and discussions internally and proceed for the faith of NAUT. Anybody would like to take a seat in the committee, contact me. Since, there are quite some interests, I might need to choose top 5 people with their level of interest and background with digital currency and NAUT. So you need to show your interest via PM,DM. Cheers.

Sounds good, any idea when the hangout will happen?.

Possibly this weekend, depending on if primarily I got my questions answered, which I will share with NAUT committee members. Cheers!
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June 19, 2015, 09:24:29 PM
 #5912



Possibly this weekend, depending on if primarily I got my questions answered, which I will share with NAUT committee members. Cheers!


Man, that's encouraging.  Thanks for the update.  Hopefully BK will have something solid regarding the drachmae project by the next deadline, July 1st.  By solid I mean real proof as in a real contract or some official government official from Greece expressing interest in this drachmae project.


Cheers!


iXcoin - Welcome to the F U T U R E!
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June 21, 2015, 10:48:15 PM
 #5913

Hello,

IMPORTANT:
If you think you love NAUT and you want to do something for it, yourself and the community, then please PM me.

PS: I would prefer to talk in person over skype. It would be great if someone with a long NAUT history gets in touch. It could be a few people, so PM me.

Update-1: A few community members have contacted and progressing.
Update-2: I am quite happy to see such great interest to help things out. I think we are getting our community back Wink
Update-3: I will arrange a hangout with all the respected NAUT members, who wanted to represent the NAUT community. Time: TBD

Update-4: We will create a NAUT committee.

Best,
Halin

Any response from your tweet to BK (if that was you)?

There is no response directly from BK, but I got another update about creating a committee for NAUT, where we will have no overall supreme leader, in an equal manner, we will have votes and discussions internally and proceed for the faith of NAUT. Anybody would like to take a seat in the committee, contact me. Since, there are quite some interests, I might need to choose top 5 people with their level of interest and background with digital currency and NAUT. So you need to show your interest via PM,DM. Cheers.

Sounds good, any idea when the hangout will happen?.

Possibly this weekend, depending on if primarily I got my questions answered, which I will share with NAUT committee members. Cheers!

Sorry guys, I have no further update from the person. Therefore, I cannot just arrange the hangout, yet. Bear with me.
Cheers,
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June 27, 2015, 03:22:04 PM
 #5914

Wow.... Are you guys still stuck with this dead coin??
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June 28, 2015, 11:06:31 AM
 #5915

I cant sync the wallet. It says "No blocksource available..."

I am using the 64bit wallet, with the following nodes in "Nautiluscoin.conf". Did I name it correctly? I did try "nautiluscoin.conf" also.

Quote
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=1161
port=11161
gen=0
server=1
addnode=54.186.223.183
addnode=54.187.101.97
addnode=74.208.230.160
addnode=184.155.218.183
addnode=71.227.74.98
addnode=188.194.8.82
addnode=109.201.154.157
addnode=184.155.218.183

Maybe it just needs more time?
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June 28, 2015, 12:44:39 PM
 #5916

I cant sync the wallet. It says "No blocksource available..."

I am using the 64bit wallet, with the following nodes in "Nautiluscoin.conf". Did I name it correctly? I did try "nautiluscoin.conf" also.

Quote
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=1161
port=11161
gen=0
server=1
addnode=54.186.223.183
addnode=54.187.101.97
addnode=74.208.230.160
addnode=184.155.218.183
addnode=71.227.74.98
addnode=188.194.8.82
addnode=109.201.154.157
addnode=184.155.218.183

Maybe it just needs more time?

Are you using version 2.0?

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WALLET




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costas90
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Activity: 18
Merit: 0


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June 28, 2015, 12:47:22 PM
 #5917

I cant sync the wallet. It says "No blocksource available..."

I am using the 64bit wallet, with the following nodes in "Nautiluscoin.conf". Did I name it correctly? I did try "nautiluscoin.conf" also.

Quote
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=1161
port=11161
gen=0
server=1
addnode=54.186.223.183
addnode=54.187.101.97
addnode=74.208.230.160
addnode=184.155.218.183
addnode=71.227.74.98
addnode=188.194.8.82
addnode=109.201.154.157
addnode=184.155.218.183

Maybe it just needs more time?

Are you using version 2.0?

No 1.2

I thought 2.0 is in beta?
costas90
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June 28, 2015, 01:00:33 PM
 #5918

I cant sync the wallet. It says "No blocksource available..."

I am using the 64bit wallet, with the following nodes in "Nautiluscoin.conf". Did I name it correctly? I did try "nautiluscoin.conf" also.

Quote
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=1161
port=11161
gen=0
server=1
addnode=54.186.223.183
addnode=54.187.101.97
addnode=74.208.230.160
addnode=184.155.218.183
addnode=71.227.74.98
addnode=188.194.8.82
addnode=109.201.154.157
addnode=184.155.218.183

Maybe it just needs more time?

Are you using version 2.0?

No 1.2

I thought 2.0 is in beta?

ok nvm. Got it synced by adding these 2 nodes

addnode=54.187.96.217
addnode=52.0.108.136
EssTee
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July 04, 2015, 11:18:49 AM
 #5919

Have I missed something?
HKBvM
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Activity: 398
Merit: 250


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July 04, 2015, 04:05:46 PM
 #5920

Have I missed something?

as long as you havent missed selling to whoever thinks he needs to buy at absurd prices: no.

omg its 30 days since the self imposed quiet period. buy buy buy.
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