2017–05–10
Daily move to equilibrium this week: 108 USD in BTC
Move to equilibrium in BTC: 0.06076
NSR sold: 868000.00000000
1 Like
2017–05–11
Daily move to equilibrium this week: 108 USD in BTC
Move to equilibrium in BTC: 0.05944
NSR sold: 849142.85714286
2017–05–12
Daily move to equilibrium this week: 108 USD in BTC
Move to equilibrium in BTC: 0.06306
NSR sold: 1051000.00000000
2017–05–13
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02334
NSR sold: 389000.00000000
2017–05–14
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02224
NSR sold: 370666.66666667
2017–05–15
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02323
NSR sold: 387166.66666667
2017–05–16
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02283
NSR sold: 326142.85714286
2017–05–17
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02181
NSR sold: 311571.42857143
2017–05–18
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02128
NSR sold: 266000.00000000
2017–05–19
Daily move to equilibrium this week: 40 USD in BTC
Move to equilibrium in BTC: 0.02097
NSR sold: 262125.00000000
2017–05–20
Daily move to equilibrium this week: 116 USD in BTC
Move to equilibrium in BTC: 0.05664
NSR purchased: 404571.42857143
3 Likes
While the number of NSR we purchase each day will vary considerably over time, we can say that if this number of NSR were purchased each day, we would have around 4.5% fewer NuShares in circulation after one year. It is a substantial buyback rate.
We can say that at the moment, the inflation rate of NSR is -4.5%. Truly deflationary. Sometimes people say Bitcoin is deflationary, but actually it isn’t, though the rate of inflation does decrease over time. Is anyone aware of another crypto asset that is truly deflationary like NuShares are at this time? We may be the only ones with such an attractive offering, though I’m not sure.
It should be time to increase the market attraction of the NSR coin itself
For example, the CryptoNote technique mentioned earlier in the community
I prefer the addition of the zerocoin protocol
[quote=“lug, post:475, topic:4303”]
NSR coin[/quote]
Suppose you meant NBT. I agree, we should start planning for that and tag funding for that.
In general, a roadmap would do us good.
2 Likes
2017–05–21
Daily move to equilibrium this week: 116 USD in BTC
Move to equilibrium in BTC: 0.05659
NSR purchased: 377,266.66666667
2017–05–22
Daily move to equilibrium this week: 116 USD in BTC
Move to equilibrium in BTC: 0.05153
NSR purchased: 214708.33333333
2017–05–23
Daily move to equilibrium this week: 116 USD in BTC
Move to equilibrium in BTC: 0.05165
NSR purchased: 191296.29629630
2017–05–24
Daily move to equilibrium this week: 1,062 USD in BTC
Move to equilibrium in BTC: 0.44201
NSR purchased: 2,326,368.42105263
2 Likes
This is kind of good, though given the massive amount of NBT (Edit: not NSR) recently bought, I’d recommend caution against using too much of the inflow of funds from NBT sales for buybacks.
I’d be very happy if the reserve level were raised to a higher level (e.g. 75%) until the chances of a small number of potential attackers holding a significant quantity of NBT is reduced.
Great to see things moving in the right direction however!
1 Like