Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 94. (Read 901856 times)

And see this is where I strongly disagree. BK has the connections and the experience to get this coin on a major exchange with REAL transparency and REAL liquidity, something Bitcoin has had a major issue overcoming with its market price being dictated by a few manipulating whales on shady broken toy exchanges. We keep hearing promises of Bitcoin "going to Wallstreet" so to speak but it still has yet to happen. I'd love to see NAUT beat the Winklevosses to the punch.

You can argue that BK shouldn't be a centralized force behind it, but everything has to start off centralized at some point, someone has to create the currency that could eventually be spread across many nations and thousands to millions of people. If someone is going to do this, I'd prefer it be a business professional than some 12 year-old kid in his parent's house.

If BK builds a truly transparent exchange with proven gold reserves and gets the pilot program going for NAUT in Greece, I think that is all he would ever need to do and could then step back, never touch NAUT again and it would be in great hands and the market forces would dictate where it goes from there.  

I'd like to think that is all NAUT bagholders ever wanted when we first invested in it last year, a basic digital currency built by a businessman for doing business and not a wishy washy science project. People forget what a currency is for, to buy and sell goods. Well let's make this a currency people will accept as something to conduct business with!

Lee,

Thank you for your professional attitude in handling the NAUTiluscoin!!!
Well I will not speak up from here, coz not worth it.

halinyo,

For nearly 2 months you have been speaking to me and I figured you out very very fast.

We are setting up a vote system on Drachmae and we will run it for a small period with different sections for people to vote.

Secondly I don't see why people make threats do you halinyo? Or in very case twist it all to there advantage halinyo?

With the views I am receiving and with the views of halinyo in private I think its best to just leave Nautilus as it is and not do anything with it as the groups seem to be happy where they are.

Secondly when I am talking about funds it is logical to make bounties to encourage people come into Nautilus and to do the work that the holders don't do as that would actually increase the value of Nautilus.

With BK is doing it would be more easier to hand over Nautilus to the community so they can run it as I see no way out for all people without it being just a mess.

As I said before to you halinyo you can lead the camel to the Oasis but you cant force it to drink.

Anyways for the Time being this can be used https://sprnt.slack.com/messages/nautilus/

As there is something that is being launched for community building that is not involving Bitcointalk Thread


quote author=halinyo link=topic=591114.msg12256197#msg12256197 date=1440674421]

That is my point. I think what Lee is trying to get is to set up a NO so that he can just do as he wishes and blame the community for it.
So dont fall for this. He is trying to fu.. the bagholders...

On the other hand, if you say YES, then he is trying to get the most he can from the bagholders...
To be honest, this is becoming an illegal joke soon. I can feel that.
He is trying to show this done with some legal-base and kinda steal our money...

Well, I hope I am not right and this will just be a 1:1 exchange or we will just stick with the usual NAUT.

If anything happens to usual NAUT, then it is not fair to bagholders, waiting this long something to happen.
If you cannot bear it Lee, then you should have collected more NAUT before making any announcements...

Again, please dont fuk the bagholders. Thank you.

PS-1: Anybody with a few thousands can drive the price up and down. That is so easy. But if there is more liquidity, then it wont be a problem.
PS-2: What do you want the bagholders to do? Please explain?
PS-3: And stop blaming the community or the bagholders. If there is something done wrong here, only responsible person for it is BK. He refused the community right at the beginning. Now he cannot rely on them (asking for donations, etc...). You just do what you gotta do.
[/quote]

That is my point. I think what Lee is trying to get is to set up a NO so that he can just do as he wishes and blame the community for it.
So dont fall for this. He is trying to fu.. the bagholders...

On the other hand, if you say YES, then he is trying to get the most he can from the bagholders...
To be honest, this is becoming an illegal joke soon. I can feel that.
He is trying to show this done with some legal-base and kinda steal our money...

Well, I hope I am not right and this will just be a 1:1 exchange or we will just stick with the usual NAUT.

If anything happens to usual NAUT, then it is not fair to bagholders, waiting this long something to happen.
If you cannot bear it Lee, then you should have collected more NAUT before making any announcements...

Again, please dont fuk the bagholders. Thank you.

PS-1: Anybody with a few thousands can drive the price up and down. That is so easy. But when there is more liquidity, then it wont be a problem.
PS-2: What do you want the bagholders to do? Please explain?
PS-3: And stop blaming the community or the bagholders. If there is something done wrong here, only responsible person for it is BK. He refused the community right at the beginning. Now he cannot rely on them (asking for donations, etc...). You just do what you gotta do.

You would need to ask Brian Kelly for that.

But as it is not from your pockets I am not sure what you need to know for?

Brian Kelly is the Client of Coinstructors.

Nautilus Coin holders are not a client of Coinstructors.

Bitching and Double speak well I can answer for the project but I can not answer for Nautilus or it's holders.

At the moment I am trying establish what other work needs to be done around Nautilus to be successful which does not involve technology.

Please break down what the proposed required 150,000 USD investment will be spent on, and who it will be paid to.

Where does the constant bitching and double-speak fit in to your 'strategy consultation' for which you have been paid quite handsomly ?

I agreed with the Stability Fund coming down to BK.

But I do not see how BK is the main person as that would be going against the grain of Digital Currency as it would mean it's centralized.

My honest view after long conversation with Halinyo in private I understood everything is too reliant on BK which is the downfall of Nautilus.

A currency is only as good as its holders.

So if the holders are simply waiting on BK this is where this really goes wrong.

Holders need to be more active more encouraging to others to work with Nautilus.

And when I say this I mean PRO-Active to bring more into the loop as the same people holding Naut in bulk stops growth.

And somebody demonstrated that yesterday in private chat on how they dropped the price and can bring it up again.

This therefore counteracts the Stability fund.

So the reality its like hidden agenda of a set few like a Nautilus Bilderberg group.

Sorry to say this but I have been reading through the thread from page one and there seems to be no interest by people looking to come into nautilus or build it into services to expand its reach also it is only on a couple of exchanges which is also not very good.

It would be good if the Holders made input even if it wasn't financially but effort input into driving nautilus forward opposed to just complaining BK doesn't do anything to help Nautilus opposed deter people away as lack of confidence.

It was the first with a stability fund.

It had a low float and no inflation (after the PoW phase) although this isn't anything really special without demand.

And BK.

So really.  It all comes down to BK.  He was and is the driving force behind NAUT.

What has been the main drive for Nautilus other than the simple fact of it being founded by Brian Kelly?

Note:340146

I for one don't understand the implications of either vote.  The automatic answer would be yes but without knowing what the implications are for the YES or the NO it makes it very difficult to cast an educated vote.

Can you please give a detailed and honest explanation for each vote and outcome before we cast our votes?

Thank you.



Edit:  And yes, will the swap be 1:1 for the YES and 1:1 for the NO and if not then please explain why and what the swap will be for each vote.  Thanks!

Thats my question as well,
Will the swap be 1 to 1.

If we're bagholding the "wrong" NAUT and a new blockchain will be needed and blahblah, there BETTER be a coinswap 1:1.
Do NOT fuck the bagholders over

Just saw the other comment re BTC ATMs - as i understand it there is a stampede of BTC companies in to Greece to push PR that they are saving the whole country - none of which is actually getting used as typically the users of this are under 35 and aware of crypto. Not sure how many of you have been to Greece.. but that is a very small part of the population.  I would be very surprised if the bit coin ATMs are used and even if they are there would need to be a way to get Naut on to them.. More to the point how on earth does the average user actually use them???

From what i hear most users are depositing cash to buy Bitcoin.. pretty much like they are on Coinbase. so how does that help greeks, when they actually need to take cash out to buy things like food, petrol, etc.. Given the situation in the country they are not really spending much and cash is therefore limited, especially with capital controls.

All my mates are saying they need a mechanism to trade and at that point it is internal.. more like barter.

Well - just chucking my tuppence worth in there. New to Crypto, but been following the Drachmae / Greece situation with interest as I believe there is a real opportunity to put something in place that has a chance of being used. I have a lot of Greek friends and the biggest issue there is internal liquidity. Basically people just aren't spending due to the fear and current situation. A lot of people have talked about Bitcoin, but given what has been happening to that in the last few weeks it just proves that that could actually make things worse for users in Greece, given the drop / swings it is going through.

I do think there is a great opportunity and I see Drachmae as being more of a platform for delivery. the big issue with any of this is getting people to use it.. and as I understand it from friends in Greece Agistri is a beautiful island, but they as well as a lot of other places are really suffering from the drop in tourism.. of course there are a lot of places that are still doing well, but this is a huge part of their national and personal income.

so having a TV show could be a really good idea as a way to raise awareness for the project, but in order to make it work it needs to be real. I'm not sure nautilus is a good fit in some ways, because given the swing on it it would also have a negative impact on user acceptance and credibility. Maybe as everyone is saying if it was gold backed, but then perhaps having a new coin would help that so it isn't impacted.

It would be great to see this project succeed as there really needs to be some good projects going on that are not just all about Bitcoin. This one has all the right hallmarks and could be really good if it doesn't implode with all the arguing i'm seeing on here.

Not sure of all the politics. I think there are enough of those everywhere else. Quite frankly I see a lot of people making shit loads of money out of pump and dump type of moves and that really puts a lot of people off of using crypto.. If something can be done to stabilise a currency then it can only be good for adoption. Not necessarily for "investors" but hopefully for "the People" which is what its all supposed to be about right?

What i don't really see is any crypto being used on a day to day basis to trade and use it to remove fraud and corruption - most people seem to be buying bitcoin to hold it for some long term upside.

Could someone tell me what Nautilus is actually used for?

I'm sorry but at this point I just can't trust anything Lee says, it changes from day to day

First he tells his supporters not to buy NAUT, that the current NAUT on exchanges is "the wrong naut" and will be replaced with a newer Naut currency on the NXT platform....then BK goes and buys a million of them off the exchange which raises the price, then he lashes out at "the community" for "pumping" it. If it is the wrong NAUT why is BK buying it? Why is the community being blamed when one guy injected at least 50 grand into bittrex?

First he says there are no gold reserves, that the gold will be collected thru tx fees by the network and drachmae. Now apparently he is asking "so who will pay for the gold to back the Naut in circulation"?

He also keeps saying Naut has no developer and makes a big negative issue about it, which is silly as Bitcoin hasn't changed much in most of its existence and in fact the current drama with the technology is over people NOT wanting it changed. Naut as a currency can exist fine without any development for at least a few years. Let us also not forget jyap graciously updated Naut to the latest Bitcoin core no less than a MONTH before Lee whined there is "no development."

I can understand frustrations with a lack of a thriving Naut community and no one helping but if I am expected to donate money I want to hear it from Brian Kelly's mouth and WHY specifically he need the money. General "We need it for development" pleas is lame because we are so used to ICOs around here from bigshot crypto "celebs" who ask for hundreds of BTC in donations for what in the end is a few hours or days of work. If I am donating I want a spreadsheet with detailed information about where the funds will be spent and how within reason.

Also I would appreciate if the drachmae camp would also accept reality that no project like Athena is going to raise $500k in a week, it is utterly absurd to lash out at anyone for such a momentous task, not even the biggest kickstarters with national media attention rarely achieve that in such a short time. I feel this fundraiser was set up just purposely to fail and point fingers at people.

Also this voting system is lame, a few people on a message board deciding the future of a big project like this?

The reason most Naut users are even here in the first place is we are buying the "dev", i.e the connections and economic skills of Brian Kelly. I generally consider Btctalk a cespool and haven't been thrilled with the amount of amateurism in crypto and letting a few teenagers and dopes "vote" on where this coin is going is the WRONG idea. I bought NAUT because I was hoping BK has the years of experience to guide this project successfully without worrying about mob rule.

Finally if my lone voice does matter then I will give my two cents. Instead of worrying about marketing or gimmicks like TV shows, focus on getting the currency actually used. I saw a tweet about 1,000 Bitcoin ATMs going in Greece and BK commented he was paying attention to it. To me 1,000 ATMs in Greece loaded up with Nautcoin will do more than $150k in marketing and promotion. If there is a story to be told, the media will find it on their own.

Same old bullshit.

"NAUT [holders] [community] [spokespeople] [whatever_label_currently_springs_to_mind] have to make a decision about XYZ"

Oh ? Ok then, furnish us with sufficient detail, in good time, to make such a decision.

"Ahhhhh you're all a bunch of twats who want to give nothing back and the decision needed to be made yesterday and anyway I've found someone else to stump up 15 million and ..... errrrrr ...... what was I wailing about ?"

Hmmm. I see. I think you said something similar not so long ago.

It is not a NO, but it is a conditional one.
I will share here later on what I think of being added to drachmae or not, if you share what is on the table.

If you say, if you dont donate for the development, then NAUT will be skipped, then I say it is a NO.
Because I know you will have to add NAUT in anyway, just dont ruin this, Lee. It is all about simply adding a coin.
That would not be any problem, if more money was paid for the project?

If you want people to donate, it is better to add NAUT first and see what happens.
If the project works and NAUT rocket to the sky, people will share some profit (MAYBE)...

Best,

Halinyo you voted No sorry it cant be changed

Big YES

Before I say NO, what is the deal? Can I learn?