[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield

[badon420]

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.   

[solid12345]

"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.   

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.

[halinyo]

This coin is getting stronger.
Must be some good news

[worth]

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

[halinyo]

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

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

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

PS: Drachmae speech of LEE GRANT @payExpo 2015: https://www.youtube.com/watch?v=QVXL3XzubDQ

[prefontaine1982]

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.

[halinyo]

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
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

[EssTee]

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
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)?

[halinyo]

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
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.

[Doging]

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
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?.

[halinyo]

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
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!

[Vlad2Vlad]

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!

[halinyo]

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
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,

[pro-investor]

Wow.... Are you guys still stuck with this dead coin??

[costas90]

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.

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?

[Doging]

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.

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?

[costas90]

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.

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]

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.

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]

Have I missed something?

[HKBvM]

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.