Hello All -
Looks like sentiment has changed in both the price and this thread! Just wanted to give an update on where we stand:
Deep Liquid Market - Essential for Merchant Acceptance
NSF - still active, but has not made any trades in the last 12 hours - this means the price improvement is from other buyers and not artificially supported by the NSF. Ultimately this is what NAUT needs, a 1% pre-mine cannot prevent dumps, it can only act as a speed bump. With other active buyers we can now use the NSF to support the positive momentum. The last week we have been fighting a losing battle to keep the price stable.
PoS - Hopefully will have more info on PoS in the next 24 hrs. The reason for the switch is to create stability and the dividend will be designed to support the price.
Merchant Acceptance
I have contacted Coinpayments, Gocoin and Coinkite - I have several merchants who would like to accept NAUT, we just need an easy gateway. If anyone knows of other gateways or providers I should contact please PM me.
Sponsorship
I am working on a sponsorship opportunity that would get NAUT attention from Wall Street. I cannot make any promises as old ways are hard to change. If this sponsorship does not work out then I will continue to look for new opportunities. My goal is to have the major players on Wall Street actively using NAUT.
Most people on Wall Street don't know what to do with cryptocurrencies. My hope is that by having people use it NAUT they too will have the 'aha' moment I had.
-BK
thanks for the update BK, Your goals for wall street should be plenty of incentive to invest in this undervalued coin. I thought it was undervalued when it was being pumped.Hopefully we will see some steady growth with Proof of stake being implemented. I think the decent goal would be so people have a chance at minting coins while still getting in before wall street.
To me this is a solid investment for the long term on a highly undervalued coin with plenty of room to move. =)
by no means has anyone missed the boat on this one.