Off topic, what’s the ideal tool for future BKC liquid providing? Nubot or Nulagoon? I"ll practice this business before B&C released.
I suppose NuBot will be in use to sell BKC.
I can’t imagine relying solely on NuLagoon.
1 Like
[ANN]
In order to let the Bitcoin TX sending to Tube Users get confirmed faster by the blockchain, NuLagoon increased the tx fee paid to Bitcoin miners to 0.0001 BTC
I’ve been using double this. It’s about 0.02% of my minimum volumes, so I wasn’t worrying too much. You don’t have a minimum volume though, do you?
We had used 0.00004 BTC fee since the beginning. Most of the time the TX can get confirmed in short time. We think this fee increase do good to the confirm time further even when the Tube tx number goes up. However, it still need time to prove by observation.
We realized there are two BTC txs sent out by Tube are not confirmed for many hours. After investigation, the reason turn out to be a CashWithdraw TX which is set a fee much lower than 0.0001.
We are really sorry about that. We already raised the bitcoin fee for auto tx to 0.0001. that CashWithdraw is manually generated. It is a mistake to set a low fee like that in the TX.Now, it seems we have to wait the TX be confirmed. But we believe it woun’t happen in future. Thanks for using the tube
1 Like
So just to be clear, there are about 150 BTC of funds that are owed to people in the network that are waiting on BTC confirmations. That’s a shit ton of buy side liquidity. Not all of it will end up in the network, for sure, but it’s pretty rough that there are $70k buy side frozen that are owned by users of our network.
Where do you get that number (150 BTC) from?
Is that what derailed our liquidity and brings us close to activating NuSafe AND selling 5 million NSR?
@henry can you please confirm that 150 BTC sent from NuLagoon are pending confirmations?
Are the tx with question mark here pending confirmation?
If yes, that’s 143 BTC…
the 10 BTC is a withdraw, so it’s probably not going to come back to our network. The 107 could though, and the 27 is to the same address. So that’s 134 BTC all to one address, all unconfirmed. We can’t be sure it’ll stay in the network, but we can be absolutely sure that this person is someone who interacts with Nu and that they have 134 BTC sitting in limbo.
@henry, as the withdrawals are still not confirmed I need to ask:
have you considered sending the BTC again using the same inputs, but a higher fee?
That will help getting the withdrawal processed while canceling the one with the too small fee.
We are in a not very good situation liquidity wise and I’d like to know whether getting those withdrawals through can help - who knows what the receiver intends to do with them?
ninjaedit:
forget it, I just checked them on a blockexplorer.
They’ve been confirmed (NuLagoon still had a question mark, because I didn’t reload the browser tab)!
[ANN]
-
Untill Nu T4-6 Management balance NuLagoon Tube, The Tube’s Bitcoin out TX and the Pools’ Bitcoin withdraw will be delayed.
-
The Tube’s Bitcoin -> NuBits exchange and the Pools’s NuBits withdraw servies offered in normal.
Capital controls! 
It is remarkable though that i see only a single withdraw from the pool!
Very mature reaction from NuLagoon investors!
1 Like
There are additonal BTC withdrawal requests received and holding. But generally, NuLagoon Pools’s fund is very stable. We hope everything can back to normal asap.
hello I’m trying to withdraw my investment from Nulagoon too and havent been able to do it…
Already sent a PM to @henry I really dont know if I’m not sending the 0.0001 btc the appropiate way or what’s going on…
I just know I need my 2 k usd for personal needs and I have been for a week trying to withdraw it…
would appreciate some feedback.
thanks
1 Like
We are terribly sorry about this. Your bitcoin withdraw request is holding and can not be processed at the moment because there is no bitcoin in NuLagoon until T4 fund balance NuLagoon.
@FLOT, is it possible to send NuLagoon some BTC to let this gentleman’s withdrawal go through? It’s only a few thousands dollars. We donot want to lose our valuable investors. Thank you.
You’ve been heard:
2 Likes
Yes. We can manually trade with FLOT by using T3 address.
Flot send btc to 1NfmHm5RVTjkER2n3zGuMbRkeotJmkBrLj
we can manually send nbt to FLOT’s address. The price can be the set at the time btc tx sent
@henry I have no problem into accepting NAV USD value of my withdrawal sent in NBT at 1:1; I can send you a NBT address through PM and any further proof of BTC address ownership you may need.
I just would like to be able to withdraw my funds; I didnt planned to need them, but I actually need them…
thx
1 Like
@kimmel, please register your btc address with a Nbt address on Tube by sending register txs, we will send you money in NBT 1:1 of the value of your pool share under btc address. we will also refund your register fee. Thank you.
I will craft a tx to deposit 2k USD (almost 4 BTC) to this address as soon as I find the time.
Somebody might beat me to it 