2016–12–12
BTC Poloniex @jooize → Poloniex Gateway @jooize
New policy applied.
I didn’t provide the latest money supply count yesterday, so @Phoenix hasn’t had time to do the latest calculation. I will use last week’s numbers for today (with today’s reserve numbers).
Circulation: 146,524.37
Reserve percentage: (50 - 146,524.37/80,000) / 100 = 0.4817
Equilibrium reserve: 0.4817 * 146,524.37 = 70,580.789029
Minimum reserve: 0.20 * 70,580.789029 = 14,116.1578058
Current Tier 1–4 reserve: 12716.7435 + 2475.2607 + 2372.88 = 17,564.8842
Move to equilibrium: 0.01 * (70,580.789029 - 17,564.8842) = 530.15904829
Minimum reserve is met.
530.1590 USD in BTC: 0.6703
NSR sold: 2792916.66666666
BTC acquired: 0.66862425
BTC Poloniex @jooize → Poloniex Gateway @jooize
Minimum reserve is met.
533.1382 USD in BTC: 0.6767
NSR sold: 2819583.33333333
BTC acquired: 0.67500824
BTC Poloniex @jooize → Poloniex Gateway @jooize
Minimum reserve is met.
533.1382 USD in BTC: 0.6734
NSR sold: 2927826.087
BTC acquired: 0.67337946
BTC Poloniex @jooize → Poloniex Gateway @jooize
Minimum reserve is met.
533.1382 USD in BTC: 0.6745
NSR sold: 3065909.09090909
BTC acquired: 0.68163453
BTC Poloniex @jooize → Poloniex Gateway @jooize
Circulation: 147,110.50
Reserve percentage: (50 - 147,110.50/80,000) / 100 = 0.4816111875
Equilibrium reserve: 0.4816111875 * 147,110.50 = 70,850.0625987188
Minimum reserve: 0.20 * 70,850.0625987188 = 14,170.0125197438
Current Tier 1–4 reserve: 17771.4940131 + 2524.80746219 + 2448.00 = 22,744.30147529
Move to equilibrium: 0.01 * (70,850.0625987188 - 22,744.30147529) = 481.0576112343
Minimum reserve is met.
Move to equilibrium in BTC: 0.5888
NSR sold: 2944000
BTC Poloniex @jooize → Poloniex Gateway @jooize
Circulation: 147,110.50
Reserve percentage: (50 - 147,110.50/80,000) / 100 = 0.4816111875
Equilibrium reserve: 0.4816111875 * 147,110.50 = 70,850.0625987188
Minimum reserve: 0.20 * 70,850.0625987188 = 14,170.0125197438
Current Tier 1–4 reserve: 14159.32733077 + 2711.11486764 + 2586.81 = 19,457.25219841
Move to equilibrium: 0.01 * (70,850.0625987188 - 19,457.25219841) = 513.9281040031
Minimum reserve is met.
Move to equilibrium in BTC: 0.5960
NSR sold: 3973333.333
BTC Poloniex @jooize → Poloniex Gateway @jooize
7,394 US-NBT @jooize → Bittrex Gateway @jooize
So where did the $3k go? Reserve went down and circulation stayed the same.
I used the weekly calculation of money supply, but current T1–4 reserve.
Move to equilibrium in BTC: 0.6328
NSR sold: 4520000
BTC Poloniex @jooize → Poloniex Gateway @jooize
Move to equilibrium in BTC: 0.5288
NSR sold: 3525333.33333333
BTC Poloniex @jooize → Poloniex Gateway @jooize
Move to equilibrium in BTC: 0.7548
NSR sold: 4440000
BTC Poloniex @jooize → Poloniex Gateway @jooize
Move to equilibrium in BTC: 0.5746
NSR sold: 3591250
BTC Poloniex @jooize → Poloniex Gateway @jooize
11465 US-NBT Poloniex @jooize → @jooize
Move to equilibrium in BTC: 0.5530
NSR sold: 3456250
BTC Poloniex @jooize → Poloniex Gateway @jooize
Move to equilibrium in BTC: 0.5600
NSR sold: 4000000
BTC Poloniex @jooize → Poloniex Gateway @jooize