Current Liquidity

[masterOfDisaster]

Nubots need NBT now and not BTC!

Right! Your account is empty, mine has a bit over 5,000, but the ALP at Poloniex seems to have some thousand NBT as well.

On the whole we see once again how unreliable the liquidity provision of ALP is - especially during times of BTC volatility when liquidity is most needed!

I wouldn’t want to rely on ALP.
I’m going to craft an NBT deposit to @zoro’s account.

edit:
I tried to create a tx using Cointoolkit, but failed:
“Unexpected error, unable to retrieve unspent outputs! Is https://blockexplorer.nu/ down?”

[Cybnate]

Just like to mention that my dual-side PyBot on Poloniex is also still available. Just for up to 2000 NBT/day due to Poloniex account limitations.
Maybe worth activating and spreading the load and the risks?
See: [Passed] Dual-side PyBot gateway on Poloniex and Bittrex

[assistant]

Hi @huafei

The current total liquidity in the Nu network is:

Bid: 98584.9025 NBT (50.18%)
Ask: 97868.5457 NBT (49.82%)

It is broken down in the following manner:

Tier 1:
    Bid: 40258.1778 NBT
    Ask: 48941.8571 NBT

Tier 2:
    Bid: 32222.58 NBT
    Ask: 7447.5186 NBT

Tier 3:
    Bid: 26104.1447 NBT
    Ask: 41479.17 NBT

[masterOfDisaster]

Thank you for the reminder!
I crafted a tx to deposit 4,000 NBT to your Poloniex account:

FLOT US-NBT Operations (sell side)

4,000 NBT to @Cybnate’s dual-side PyBot at Poloniex, because the NBT sell side there is low (according to ALiX) and the risk (of failing bots) should better be spread across more providers. Signed 1 of 3/5 01000000cc29dd56027a3bd9ad323710b7bd4308a36abbc833a1e310abf1d56621043f9ff2d016005001000000f900483045022100c2afd8acdd7af20a87a8489a1bfa2e3ebb106fdeb35c3dbeba995a054ba8d91602202f1c53fdabf3ea95858841ced89b4988f91d7fafad2f68c0265ca082297acadd014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6…

2 days to withdraw seem no big deal and I think we should even ramp up the operation. The 4,000 might be a good start.

[masterOfDisaster]

The liquidity according to ALiX is not ideally balanced:

If you include the funds, that are available through @zoro’s and my NuBot, it looks differently and almost balanced:

2016-03-07	07:59		
exchange / value	nbt	btc	total
Tube BTC/NBT	41046	36	41082
Polo BTC/NBT	5621	20074	25695
CCEDK NBT/USD	7643	2813	10456
CCEDK NBT/EUR	5751	2997	8748
Bittrex BTC/NBT	3493	923	4416
Bter NBT/CNY	1020	1488	2508
Bter NBT/BTC	404	1233	1637
HitBTC NBT/BTC	500	500	1000
sthXchg BTC/NBT	37	462	499
CCEDK NBT/BTC	0	0	0
sthXchg NBT/USD	75	398	473
mod nubot	5695	14191	19886
zoro nubot	0	19283	19283
cybnate pybot	0	0	0
Total (NBT)	71285	64398	135683
Total (Percent)	53%	47%	100%

I see demand to put some NBT funds at the bot operations of @zoro and @Cybnate and provide the Tube with BTC.

A deposit of 4,000 NBT to @Cybnate’s PyBot at Poloniex has already been started.
I will craft a tx to deposit 6,000 at @zoro’s NuBot at Poloniex as well.
An exchange of $10,000 BTC to NBT via NuLagoo Tube will come next.

That will change the figures to (not icluding the changes of liquidity that happened in between, of course):

exchange / value	nbt	btc	total
Tube BTC/NBT	31046	10036	41082
Polo BTC/NBT	5621	20074	25695
CCEDK NBT/USD	7643	2813	10456
CCEDK NBT/EUR	5751	2997	8748
Bittrex BTC/NBT	3493	923	4416
Bter NBT/CNY	1020	1488	2508
Bter NBT/BTC	404	1233	1637
HitBTC NBT/BTC	500	500	1000
sthXchg BTC/NBT	37	462	499
CCEDK NBT/BTC	0	0	0
sthXchg NBT/USD	75	398	473
mod nubot	5695	14191	19886
zoro nubot	6000	19283	25283
cybnate pybot	4000	0	4000
Total (NBT)	71285	74398	145683
Total (Percent)	49%	51%	100%

This is a complex balancing and I will refer to this thread when creating the transactions to provide the FLOT members with an easy overview and the reasoning for it.

[masterOfDisaster]

Liquidity according to ALix:

Liquidity based on ALix, amended by the bot funds:

2016-03-08	09:50		
exchange / value	nbt	btc,etc	total
Polo BTC/NBT	24967	19122	44089
Tube BTC/NBT	30824	10297	41121
CCEDK NBT/USD	8402	2813	11215
Bittrex BTC/NBT	3317	359	3676
Bter NBT/CNY	1156	1705	2861
Bter NBT/BTC	504	1147	1651
HitBTC NBT/BTC	500	500	1000
sthXchg NBT/USD	75	857	932
CCEDK NBT/BTC	500	307	807
sthXchg BTC/NBT	75	0	75
CCEDK NBT/EUR	0	0	0
mod nubot	5700	14382	20082
zoro nubot	6084	19457	25541
cybnate pybot	4000	0	4000
Total (NBT)	86104	70946	157050
Total (Percent)	55%	45%	100%

[masterOfDisaster]

Based on ALix and the broadcast liquidity from the gateways (@zoro’s currently has issues), here’s the current liquidity overview:

Wed Mar 9 15:06:33 UTC 2016

status of the ALP last 4 hours:
bid total 33625 USD, bid side ratio 30%
ask total 77650 USD, ask side ratio 69%

status of the gateways in total:
bid total 14271 USD, bid side ratio 71%
ask total 5809 USD, ask side ratio 28%

status of the total liquidity; gateways and ALP (last 4 hours):
bid total 47896 USD, bid side ratio 36%
ask total 83459 USD, ask side ratio 63%

I made a script that retrieves information, which is broadcast by gateways and combines it with data from ALix.
It’s ugly, quickly hacked together and has no error handling, but generated the output above:

https://gist.github.com/Lamz0rNewb/a76776a50fa8476667ea

[cryptog]

Very nice.
Can Alix easily include liquidity provided by gateways? @willy

Edit: raw gives 100k and 116k on buy and sell.
Does it include gateways?

[willy]

Can Alix easily include liquidity provided by gateways? @willy

If their price is < 1.5% away from the current ALix BTC/USD price, it will be included automatically.

Does it include gateways?

see above

[masterOfDisaster]

If their price is < 1.5% away from the current ALix BTC/USD price, it will be included automatically.

Oops - I hadn’t thought of that before.
That will mess with my idea to calculate the total liquidity situation by adding the gateway funds to what ALix reports.

…a good reason to keep the offset of Nu gateways high enough

[Nagalim]

@willy i think the question is more about T2 and T3 liquidity reported via custodial address and displaying it on ALIX.

[willy]

@willy i think the question is more about T2 and T3 liquidity reported via custodial address and displaying it on ALIX.

I’m not planning to include this into ALix Walls but I can track those liquidity numbers for sure in a separate product.

What information are you looking for? Total T2, T3? History? Charts?

[Nagalim]

I’d like to know total ALIX+reported(T2+T3). It doesn’t have to be a chart, but that is the number that I think we should be using when we activate FLOT for an emergency.

[willy]

mmh. I’ll not show this on ALix walls to draw a clear line between reported liquidity and liquidity gathered from exchanges.

But I guess I can import the ALix walls data into the liquidity product.

[masterOfDisaster]

Something like this to get an overview would be nice:

Mi 9. Mär 19:03:14 UTC 2016

status of the gateways in total:
bid total 33934 USD, bid side ratio 71%
ask total 13559 USD, ask side ratio 28%

status of the ALP last 15 minutes:
bid total 38153 USD, bid side ratio 32%
ask total 77632 USD, ask side ratio 67%

status of the ALP last 4 hours:
bid total 32870 USD, bid side ratio 30%
ask total 73724 USD, ask side ratio 69%

status of the total liquidity; gateways and ALP (last 15 minutes):
bid total 72087 USD, bid side ratio 44%
ask total 91191 USD, ask side ratio 55%

status of the total liquidity; gateways and ALP (last 4 hours):
bid total 66804 USD, bid side ratio 43%
ask total 87283 USD, ask side ratio 56%

Of course it’s important to distinguish between data from exchanges and data that is being broadcast - the latter one isn’t necessarily as reliable as the orders on the books.

[willy]

I’ll hide in my chamber for a bit and see what I can come up with.

[willy]

@masterOfDisaster @nagalim

I just realized that I’m gathering T2+T3 total already.

https://raw.coinerella.com/?liquidity

That data doesn’t go deep enough for you guys, right?

[Nagalim]

That’s excellent. Can that be all prettied up? I mean, more details would be nice to have, but just those numbers are pretty good. So If I add T2 and T3 to ALIX I get:
$97741 bid
$120675 ask
for 44.7% : 55.3%
Those are the numbers I want to see easily, without having to do a bunch of math in an excel sheet like I just did.

[willy]

Okay. Otherwise I would have to filter getliquiditydetails for known gateway addresses, which would require thorough maintenance work to keep the data precise.

[Nagalim]

yah, let’s avoid that. Just count reported T2 and T3.