Some days ago i had faced this error when i need to update my DNS. This error is very frustrating. For solve this error i had read many godaddy forums but not found the solution then i contact to godaddy support after long discussion and sent screenshots. I found this error because my DNS is not valid for connect with hosting. And then at the end i contact to my hosting provider and then they had given me right DNS and solve my problem.
For update DNS you can follow these steps:
1. Login into godaddy.com
2. Go to all domains section
3. Click on manage DNS button
4. Go to Nameservers section and click on change
5. There you can see input box for change name servers
6. Save it