Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield
Remember the 180k is how much they would have to spend at the current price, but there is no way someone could buy 1.6m naut for that.
Even when the volume was 1k BTC on mintpal, 1.6 was not being traded in 24 hours.
So in reality it's going to cost far more than 180k to acquire 30% of the coins, like 10 or 20 times that amount. Then after spending 2-10 million on naut coin your plan is to dump the price?
It doesn't make sense at all to even make an attempt at buying then all, cause once you get them now who do you dump then on?
Someone acquiring 30% by purchasing them is the last thing we need to worry about with naut.
Theft is the only real concern, the focus should be put security, as Charlie Lee said the strength of a coin is the security of the network.
Do you guys remember when someone stole those BTC and dumped them down to 102 on BTCE?
The order books filled right back up, trust me I wish I got some BTC for hundred bucks this year.
Anyone who has 2 million bucks isn't wasting their time trying to crash naut.
Even when the volume was 1k BTC on mintpal, 1.6 was not being traded in 24 hours.
So in reality it's going to cost far more than 180k to acquire 30% of the coins, like 10 or 20 times that amount. Then after spending 2-10 million on naut coin your plan is to dump the price?
It doesn't make sense at all to even make an attempt at buying then all, cause once you get them now who do you dump then on?
Someone acquiring 30% by purchasing them is the last thing we need to worry about with naut.
Theft is the only real concern, the focus should be put security, as Charlie Lee said the strength of a coin is the security of the network.
Do you guys remember when someone stole those BTC and dumped them down to 102 on BTCE?
The order books filled right back up, trust me I wish I got some BTC for hundred bucks this year.
Anyone who has 2 million bucks isn't wasting their time trying to crash naut.
On this moment my greatest fear are the exchanges. Every time again the BS comes from them. What I don't understand is why they can't or won't make their security up to the level where it should be.
There are so many exchanges for stocks, how come that they are secure and the crypto scene has all these problems? Are the exchanges scamming us? Are they really attacked by hackers? To be honest I don't believe that they are, it's an easy excuse and nobody really checks if they where really attacked.
Or am I not allowed to say this?
