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

Will the Nautiluscoin Stabilization Fund ever be used to suppress the price if it is growing too fast or is it just used for buy pressure?

From what I understand of the fund, it seems to try to enforce a floor when it buys or sells. And since the fund (and "Official" price) is based off of AGX, I'm sure the fund is automated, since AGX has a nice automation API.

BK has said the NSF is currently manual. He plans to automate it later.

In my honest opinion, the fund is better off at least semi-manual at the moment. Brian Kelley, the founder of NautilusCoin is a proven mind in the investment world; with legitimate trading credentials. An automation system fully fleshed out by the mind and intentions of Mr. Kelley would certainly be a boon to the community; but a rush to automation is ignoring and forgoing the fact that manual control is not a dirty word.