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

[jjj0923]

ok so where did they 2 million coins go?  I have yet to see them

And so you are doubting that they exist?

I'm hiding them in my basement... LOL

[BK_PHI]

NSF Update

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.  If BTC continues to rise AND miners sell indiscriminately the NSF can only do so much. 

What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.

FYI - I have also bought more NAUT last evening as high as 34k for my personal account.

-BK

[KimJongUn]

What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.

No, actually it's crystal clear if you have the slightest clue how all this works.

[andreibi]

NSF Update

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.  If BTC continues to rise AND miners sell indiscriminately the NSF can only do so much. 

What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.

FYI - I have also bought more NAUT last evening as high as 34k for my personal account.

-BK

Welcome to the world of Crypto

[KimJongUn]

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. 

The "stabalization fund" was created by premining NAUT.  So it is denominated in NAUT.  So how are you using it to buy NAUT?

[BK_PHI]

What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.

No, actually it's crystal clear if you have the slightest clue how all this works.

I am more than happy to update the community on what we are doing, but I will stop posting if all I get is negative responses. I have much better things to do with my time.

[HackaB321]

Can the community check if and when the NSF is used to stabilize the price?

[BK_PHI]

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. 

The "stabalization fund" was created by premining NAUT.  So it is denominated in NAUT.  So how are you using it to buy NAUT?

When we sell we use the proceeds to buy.

[BK_PHI]

Can the community check if and when the NSF is used to stabilize the price?

These are all our buys on Cryptsy for the last 24hrs

2014-05-22 12:59:06   Buy   0.00022000   100.00000000   0.02200000
2014-05-22 12:32:05   Buy   0.00022498   10.00000000   0.00224980
2014-05-22 12:32:05   Buy   0.00022498   1.27733299   0.00028737
2014-05-22 12:32:05   Buy   0.00022498   32.63932057   0.00734319
2014-05-22 12:30:56   Buy   0.00022497   84.92826440   0.01910631
2014-05-22 12:27:41   Buy   0.00022497   15.07173560   0.00339069
2014-05-22 12:26:00   Buy   0.00022497   0.30621695   0.00006889
2014-05-22 12:26:00   Buy   0.00022497   0.19494984   0.00004386
2014-05-22 11:24:04   Buy   0.00021050   8.07672214   0.00170015
2014-05-22 11:23:31   Buy   0.00021050   100.00000000   0.02105000
2014-05-22 11:21:27   Buy   0.00021350   100.00000000   0.02135000
2014-05-22 08:12:24   Buy   0.00022000   70.00000000   0.01540000
2014-05-22 08:12:24   Buy   0.00022000   39.99866049   0.00879971
2014-05-22 08:12:24   Buy   0.00022005   100.00000000   0.02200500
2014-05-22 07:40:45   Buy   0.00022000   50.00133951   0.01100029
2014-05-22 07:23:52   Buy   0.00021791   47.47678990   0.01034567
2014-05-22 07:22:16   Buy   0.00020000   83.98326172   0.01679665
2014-05-21 23:04:16   Buy   0.00044000   0.04150986   0.00001826
2014-05-21 23:04:16   Buy   0.00044000   0.61113922   0.00026890
2014-05-21 22:58:56   Buy   0.00045655   24.00000000   0.01095720
2014-05-21 22:57:07   Buy   0.00046988   9.50280807   0.00446518
2014-05-21 22:56:30   Buy   0.00045654   97.88260311   0.04468732
2014-05-21 22:55:37   Buy   0.00045654   2.11739689   0.00096668
2014-05-21 22:36:30   Buy   0.00045500   0.92268231   0.00041982
2014-05-21 22:28:47   Buy   0.00045500   60.00000000   0.02730000
2014-05-21 22:28:13   Sell   0.00045499   61.22940840   0.02785877
2014-05-21 22:22:28   Buy   0.00040986   3.46630131   0.00142070
2014-05-21 22:21:16   Buy   0.00041002   116.74160196   0.04786639
2014-05-21 22:21:16   Buy   0.00041005   123.00000000   0.05043615
2014-05-21 22:21:16   Buy   0.00041004   300.00000000   0.12301200
2014-05-21 22:21:00   Buy   0.00045000   70.00000000   0.03150000
2014-05-21 22:19:17   Buy   0.00046989   796.95860929   0.37448288
2014-05-21 22:18:31   Buy   0.00045989   19.00000000   0.00873791
2014-05-21 22:17:29   Buy   0.00045000   55.13463809   0.02481059
2014-05-21 22:08:07   Buy   0.00040000   0.14650265   0.00005860
2014-05-21 22:05:51   Buy   0.00039599   100.00000000   0.03959900
2014-05-21 22:02:43   Buy   0.00036000   100.00000000   0.03600000
2014-05-21 22:01:27   Buy   0.00035998   330.00000000   0.11879340
2014-05-21 22:01:00   Buy   0.00035997   32.60478310   0.01173674
2014-05-21 21:59:49   Buy   0.00034991   50.00000000   0.01749550
2014-05-21 21:56:56   Buy   0.00032985   4369.93849698   1.44142421
2014-05-21 21:54:23   Buy   0.00032985   6.37170149   0.00210171
2014-05-21 21:50:02   Buy   0.00032984   0.00065000   0.00000021
2014-05-21 21:36:36   Buy   0.00032983   0.35412498   0.00011680
2014-05-21 21:35:52   Buy   0.00032983   85.30386984   0.02813578
2014-05-21 21:21:10   Buy   0.00032983   182.50766876   0.06019650
2014-05-21 21:20:55   Buy   0.00032982   13.50747505   0.00445504
2014-05-21 21:20:31   Buy   0.00032930   0.62661916   0.00020635
2014-05-21 21:20:01   Buy   0.00032928   0.13040644   0.00004294
2014-05-21 21:19:43   Buy   0.00032490   1.53920147   0.00050009

[BK_PHI]

Can the community check if and when the NSF is used to stabilize the price?

and here is a bunch from MintPal

YZXY-23329365   BUY   KPKR-99927596   NAUT/BTC   2014-05-22 16:53:25   0.00022000   1000.00000000   0.22000000   0.00033000   0.22033000
BTXT-67441735   BUY   JDFU-97180239   NAUT/BTC   2014-05-22 16:48:58   0.00022380   136.00000000   0.03043680   0.00004565   0.03048245
LKYG-08663674   BUY   XYZK-29685306   NAUT/BTC   2014-05-22 16:48:47   0.00022370   631.34440000   0.14123174   0.00021184   0.14144358
JMOK-44050422   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:44:43   0.00020500   8.89944587   0.00182440   0.00000275   0.00182715
FKJV-73935227   BUY   IHDB-00952048   NAUT/BTC   2014-05-22 16:44:04   0.00021200   100.00000000   0.02120000   0.00003180   0.02123180
NMIQ-67973251   BUY   OTGP-44469857   NAUT/BTC   2014-05-22 16:36:10   0.00022200   100.00000000   0.02220000   0.00003330   0.02223330
QMJF-87414121   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:33:17   0.00020500   405.35682487   0.08309814   0.00012464   0.08322278
LJCJ-59497689   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:33:06   0.00021299   63.39967184   0.01350349   0.00002026   0.01352375
XZMI-58977413   BUY   KPGD-31539546   NAUT/BTC   2014-05-22 16:33:01   0.00021300   100.00000000   0.02130000   0.00003194   0.02133194
BEGA-47269279   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:32:23   0.00021299   22.02851474   0.00469185   0.00000703   0.00469888
VSFL-33190775   BUY   BENE-06990281   NAUT/BTC   2014-05-22 16:31:56   0.00022400   7.51508929   0.00168338   0.00000252   0.00168590
FXYA-08842487   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022400   192.48491071   0.04311662   0.00006468   0.04318130
RFTN-67425663   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022399   7.51546312   0.00168338   0.00000252   0.00168590
RTXM-54782330   BUY   XCRE-09633405   NAUT/BTC   2014-05-22 16:31:09   0.00021998   25.00000000   0.00549950   0.00000824   0.00550774
VZMG-84161736   BUY   EFPN-65146077   NAUT/BTC   2014-05-22 16:30:59   0.00021800   100.00000000   0.02180000   0.00003270   0.02183270
DUXK-05786698   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:30:49   0.00021299   373.43112708   0.07953710   0.00011930   0.07965640
JRSV-36939039   BUY   SFQS-58268172   NAUT/BTC   2014-05-22 16:30:33   0.00021300   130.00000000   0.02769000   0.00004153   0.02773153
VTRX-33592320   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:29:22   0.00020500   85.74372926   0.01757746   0.00002636   0.01760382
PJFU-86921927   BUY   JAXO-83776685   NAUT/BTC   2014-05-22 16:13:55   0.00020600   774.44240001   0.15953515   0.00023931   0.15977446
WVSA-73505109   BUY   ZLEP-84852801   NAUT/BTC   2014-05-22 15:52:02   0.00021003   100.00000000   0.02100300   0.00003150   0.02103450
UMYF-40197050   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:52:02   0.00021003   27.89642826   0.00585909   0.00000879   0.00586788
GUSD-81293541   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:41:55   0.00021003   72.10357174   0.01514391   0.00002271   0.01516662
EXWI-12063726   BUY   UOUQ-59574864   NAUT/BTC   2014-05-22 15:32:03   0.00020650   234.00000000   0.04832100   0.00007248   0.04839348
WNLC-67503456   BUY   AUPH-57833721   NAUT/BTC   2014-05-22 15:32:03   0.00020650   16.41698767   0.00339012   0.00000510   0.00339522

[Pyramusx]

Can the community check if and when the NSF is used to stabilize the price?

These are all our buys on Cryptsy for the last 24hrs

Oh that makes sense, I had seen someone buy up to the mid40s last night and was wondering who or why.

[KimJongUn]

Can the community check if and when the NSF is used to stabilize the price?

These are all our buys on Cryptsy for the last 24hrs

2014-05-22 12:59:06   Buy   0.00022000   100.00000000   0.02200000
2014-05-22 12:32:05   Buy   0.00022498   10.00000000   0.00224980
...

Now that's the kind of involvement we need!  Great of you to make this public.  Thanks.

[jjj0923]

Can the community check if and when the NSF is used to stabilize the price?

and here is a bunch from MintPal

YZXY-23329365   BUY   KPKR-99927596   NAUT/BTC   2014-05-22 16:53:25   0.00022000   1000.00000000   0.22000000   0.00033000   0.22033000
BTXT-67441735   BUY   JDFU-97180239   NAUT/BTC   2014-05-22 16:48:58   0.00022380   136.00000000   0.03043680   0.00004565   0.03048245
LKYG-08663674   BUY   XYZK-29685306   NAUT/BTC   2014-05-22 16:48:47   0.00022370   631.34440000   0.14123174   0.00021184   0.14144358
JMOK-44050422   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:44:43   0.00020500   8.89944587   0.00182440   0.00000275   0.00182715
FKJV-73935227   BUY   IHDB-00952048   NAUT/BTC   2014-05-22 16:44:04   0.00021200   100.00000000   0.02120000   0.00003180   0.02123180
NMIQ-67973251   BUY   OTGP-44469857   NAUT/BTC   2014-05-22 16:36:10   0.00022200   100.00000000   0.02220000   0.00003330   0.02223330
QMJF-87414121   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:33:17   0.00020500   405.35682487   0.08309814   0.00012464   0.08322278
LJCJ-59497689   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:33:06   0.00021299   63.39967184   0.01350349   0.00002026   0.01352375
XZMI-58977413   BUY   KPGD-31539546   NAUT/BTC   2014-05-22 16:33:01   0.00021300   100.00000000   0.02130000   0.00003194   0.02133194
BEGA-47269279   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:32:23   0.00021299   22.02851474   0.00469185   0.00000703   0.00469888
VSFL-33190775   BUY   BENE-06990281   NAUT/BTC   2014-05-22 16:31:56   0.00022400   7.51508929   0.00168338   0.00000252   0.00168590
FXYA-08842487   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022400   192.48491071   0.04311662   0.00006468   0.04318130
RFTN-67425663   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022399   7.51546312   0.00168338   0.00000252   0.00168590
RTXM-54782330   BUY   XCRE-09633405   NAUT/BTC   2014-05-22 16:31:09   0.00021998   25.00000000   0.00549950   0.00000824   0.00550774
VZMG-84161736   BUY   EFPN-65146077   NAUT/BTC   2014-05-22 16:30:59   0.00021800   100.00000000   0.02180000   0.00003270   0.02183270
DUXK-05786698   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:30:49   0.00021299   373.43112708   0.07953710   0.00011930   0.07965640
JRSV-36939039   BUY   SFQS-58268172   NAUT/BTC   2014-05-22 16:30:33   0.00021300   130.00000000   0.02769000   0.00004153   0.02773153
VTRX-33592320   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:29:22   0.00020500   85.74372926   0.01757746   0.00002636   0.01760382
PJFU-86921927   BUY   JAXO-83776685   NAUT/BTC   2014-05-22 16:13:55   0.00020600   774.44240001   0.15953515   0.00023931   0.15977446
WVSA-73505109   BUY   ZLEP-84852801   NAUT/BTC   2014-05-22 15:52:02   0.00021003   100.00000000   0.02100300   0.00003150   0.02103450
UMYF-40197050   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:52:02   0.00021003   27.89642826   0.00585909   0.00000879   0.00586788
GUSD-81293541   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:41:55   0.00021003   72.10357174   0.01514391   0.00002271   0.01516662
EXWI-12063726   BUY   UOUQ-59574864   NAUT/BTC   2014-05-22 15:32:03   0.00020650   234.00000000   0.04832100   0.00007248   0.04839348
WNLC-67503456   BUY   AUPH-57833721   NAUT/BTC   2014-05-22 15:32:03   0.00020650   16.41698767   0.00339012   0.00000510   0.00339522

BK - Thanks for all your hard work.

NAUT will be back - in that regards I'm not worried. I tripled down this morning - 20 was too nice to ignore

[BK_PHI]

Can the community check if and when the NSF is used to stabilize the price?

and here is a bunch from MintPal

YZXY-23329365   BUY   KPKR-99927596   NAUT/BTC   2014-05-22 16:53:25   0.00022000   1000.00000000   0.22000000   0.00033000   0.22033000
BTXT-67441735   BUY   JDFU-97180239   NAUT/BTC   2014-05-22 16:48:58   0.00022380   136.00000000   0.03043680   0.00004565   0.03048245
LKYG-08663674   BUY   XYZK-29685306   NAUT/BTC   2014-05-22 16:48:47   0.00022370   631.34440000   0.14123174   0.00021184   0.14144358
JMOK-44050422   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:44:43   0.00020500   8.89944587   0.00182440   0.00000275   0.00182715
FKJV-73935227   BUY   IHDB-00952048   NAUT/BTC   2014-05-22 16:44:04   0.00021200   100.00000000   0.02120000   0.00003180   0.02123180
NMIQ-67973251   BUY   OTGP-44469857   NAUT/BTC   2014-05-22 16:36:10   0.00022200   100.00000000   0.02220000   0.00003330   0.02223330
QMJF-87414121   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:33:17   0.00020500   405.35682487   0.08309814   0.00012464   0.08322278
LJCJ-59497689   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:33:06   0.00021299   63.39967184   0.01350349   0.00002026   0.01352375
XZMI-58977413   BUY   KPGD-31539546   NAUT/BTC   2014-05-22 16:33:01   0.00021300   100.00000000   0.02130000   0.00003194   0.02133194
BEGA-47269279   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:32:23   0.00021299   22.02851474   0.00469185   0.00000703   0.00469888
VSFL-33190775   BUY   BENE-06990281   NAUT/BTC   2014-05-22 16:31:56   0.00022400   7.51508929   0.00168338   0.00000252   0.00168590
FXYA-08842487   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022400   192.48491071   0.04311662   0.00006468   0.04318130
RFTN-67425663   BUY   WTMI-31775932   NAUT/BTC   2014-05-22 16:31:30   0.00022399   7.51546312   0.00168338   0.00000252   0.00168590
RTXM-54782330   BUY   XCRE-09633405   NAUT/BTC   2014-05-22 16:31:09   0.00021998   25.00000000   0.00549950   0.00000824   0.00550774
VZMG-84161736   BUY   EFPN-65146077   NAUT/BTC   2014-05-22 16:30:59   0.00021800   100.00000000   0.02180000   0.00003270   0.02183270
DUXK-05786698   BUY   YUWL-27468408   NAUT/BTC   2014-05-22 16:30:49   0.00021299   373.43112708   0.07953710   0.00011930   0.07965640
JRSV-36939039   BUY   SFQS-58268172   NAUT/BTC   2014-05-22 16:30:33   0.00021300   130.00000000   0.02769000   0.00004153   0.02773153
VTRX-33592320   BUY   OBDV-29663408   NAUT/BTC   2014-05-22 16:29:22   0.00020500   85.74372926   0.01757746   0.00002636   0.01760382
PJFU-86921927   BUY   JAXO-83776685   NAUT/BTC   2014-05-22 16:13:55   0.00020600   774.44240001   0.15953515   0.00023931   0.15977446
WVSA-73505109   BUY   ZLEP-84852801   NAUT/BTC   2014-05-22 15:52:02   0.00021003   100.00000000   0.02100300   0.00003150   0.02103450
UMYF-40197050   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:52:02   0.00021003   27.89642826   0.00585909   0.00000879   0.00586788
GUSD-81293541   BUY   OKPG-17559034   NAUT/BTC   2014-05-22 15:41:55   0.00021003   72.10357174   0.01514391   0.00002271   0.01516662
EXWI-12063726   BUY   UOUQ-59574864   NAUT/BTC   2014-05-22 15:32:03   0.00020650   234.00000000   0.04832100   0.00007248   0.04839348
WNLC-67503456   BUY   AUPH-57833721   NAUT/BTC   2014-05-22 15:32:03   0.00020650   16.41698767   0.00339012   0.00000510   0.00339522

BK - Thanks for all your hard work.

NAUT will be back - in that regards I'm not worried. I tripled down this morning - 20 was too nice to ignore

If I remember correctly, you did that at 16k too and the NSF came in and bought at 19k just after you

[KimJongUn]

If you could make an announcement about how you plan to secure the blockchain when all coins are mined out in a few months, it would be a serious boost to the coin's credibility.

[jjj0923]

NSF Update

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine.  If BTC continues to rise AND miners sell indiscriminately the NSF can only do so much. 

What is fascinating to me is that the NSF will buy at any price, so why a miner would sell at these prices is unclear.

FYI - I have also bought more NAUT last evening as high as 34k for my personal account.

-BK

panic selling - plain and simple - defies logic...

but people are emotional creatures - that why professional investors exist - to protect people from themselves.

You guys - should read this book - it's great

www.jackassinvesting.com

[BK_PHI]

Can the community check if and when the NSF is used to stabilize the price?

These are all our buys on Cryptsy for the last 24hrs

2014-05-22 12:59:06   Buy   0.00022000   100.00000000   0.02200000
2014-05-22 12:32:05   Buy   0.00022498   10.00000000   0.00224980
...

Now that's the kind of involvement we need!  Great of you to make this public.  Thanks.

I will try to post about the NSF as much as I can...with all the exchanges it is a little more work than I anticipated, but I will put a team member on it and hopefully these updates can be more regular.

[Soul_eater_123]

It's still very early days for this coin.  As long as support for it continues it has a bright future.  People are dumping coins to buy BTC/DRK etc - whatever is up right now.  Those same people will be buying NAUT when it goes up.   The initial price explosion was artificial anyway and never sustainable.  Rather than panicking those of us who see a future for this coin should use the opportunity to buy it up cheaply.  There are no guarantees but the old rule of buy low and sell high generally works.

[Vlad2Vlad]

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. 

The "stabalization fund" was created by premining NAUT.  So it is denominated in NAUT.  So how are you using it to buy NAUT?

When we sell we use the proceeds to buy.

So you have to dump 160,000 coins to buy back 160,000 coins?

How is this a good idea?

You posted your buy orders.

Now, can you post your sell orders?

My guess is that your stabilization fund sunk the price in the first place; therefore, destabilizing the price so you can then step in and save it...from yourself.

Anybody expect anything less from a banker coin?

Haha!

[jjj0923]

FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. 

The "stabalization fund" was created by premining NAUT.  So it is denominated in NAUT.  So how are you using it to buy NAUT?

When we sell we use the proceeds to buy.

So you have to dump 160,000 coins to buy back 160,000 coins?

How is this a good idea?

You posted your buy orders.

Now, can you post your sell orders?

My guess is that your stabilization fund sunk the price in the first place; therefore, destabilizing the price so you can then step in and save it...from yourself.

Anybody expect anything less from a banker coin?

Haha!

you need to mine that Conspiracy coin -- LOL