Current Liquidity

Liquidity
#1548

Ouch

#1549

Maybe NuLagoon Tube was missing again in the last 4 hours and the 15 minutes value looks better, because it’s in the report at the moment.
I don’t know.

All I know is that my gut tells me it’s either time for park rates or NSR sale very soon.

3 Likes
#1550

NuLagoon is liquidity info is back to normal again. Sorry for that.

#1551

TA minded folks are seeing a wedge e.g. https://twitter.com/TuurDemeester/status/721097155046297600
and expecting an upward move in btc.

Generally everybody loves seeing an uptrend in btc. Everybody profits, this includes nubits eventually.

#1552

[Liquidity; ALix T1 + gateways (poloniex dual side, numerous sell side)](https://gist.github.co

m/Lamz0rNewb/a76776a50fa8476667ea):

Gateway status at Poloniex (dual side), NuLagoon MLP at Poloniex and several sell side only exchanges

Sat Apr 16 16:31:11 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15783.94,
            "sell" : 15463.6728
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 13582.32,
            "sell" : 12839.0855
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 0.0,
            "sell" : 533.3333
status of Cybnate dual side PyBot at Bittrex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep bittrex -A 2
        "1:NBTBTC:bittrex:LiquidBits" : {
            "buy" : 2046.9378,
            "sell" : 1000.0
status of NuLagoon dual side NuBot at Poloniex:
nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 1000 | grep poloniex -A 2 | tail -n 1  | awk -F':' ... and some more stuff
        "1:NBTBTC:poloniex:0.3.2a_1460752058767_afc535" : {
            "buy" : 6000.0,
            "sell" : 5037.7579
--
        "2:NBTBTC:poloniex:0.3.2a_1460752058767_afc535" : {
            "buy" : 1602.31,
            "sell" : 0.0
status of huafei sell side only NuBot at bter
nud getliquidityinfo B | grep BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD -A 2
        "BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD" : {
            "buy" : 0.08,
            "sell" : 2025.0529
status of mOD single side NuBot at hitbtc:
nud getliquiditydetails B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 1000 | grep hitbtc | tail -n 1 | awk -F':' ...and some more stuff'
        "1:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.0,
            "sell" : 500.0
--
        "2:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.07,
            "sell" : 1499.936

@Nagalim already initiated a balancing:

2 Likes
[suspended] Cryptog's Nu data feeds - BETA
#1553

After having traded 48 BTC on NuLagoon Tube for 20,452 NBT:

Pasted image1188×334 25.9 KB

the situation is like this:

Liquidity; ALix T1 + gateways (poloniex dual side, numerous sell side):

Gateway status at Poloniex (dual side), NuLagoon MLP at Poloniex and several sell side only exchanges

Sun Apr 17 20:42:41 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15619.9,
            "sell" : 15463.6728
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 13464.74,
            "sell" : 12839.2008
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 0.0,
            "sell" : 1933.3333
status of Cybnate dual side PyBot at Bittrex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep bittrex -A 2
        "1:NBTBTC:bittrex:LiquidBits" : {
            "buy" : 2019.2821,
            "sell" : 1000.0
status of NuLagoon dual side NuBot at Poloniex:
nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 1000 | grep poloniex -A 2 | tail -n 1  | awk -F':' ... and some more stuff
        "1:NBTBTC:poloniex:0.3.2a_1460842180420_572d24" : {
            "buy" : 6000.0,
            "sell" : 6000.0
--
        "2:NBTBTC:poloniex:0.3.2a_1460842180420_572d24" : {
            "buy" : 1530.79,
            "sell" : 37.7579
status of huafei sell side only NuBot at bter
nud getliquidityinfo B | grep BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD -A 2
        "BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD" : {
            "buy" : 0.08,
            "sell" : 2025.0529
status of mOD single side NuBot at hitbtc:
nud getliquiditydetails B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 1000 | grep hitbtc | tail -n 1 | awk -F':' ...and some more stuff'
        "1:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.0,
            "sell" : 500.0
--
        "2:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.07,
            "sell" : 1499.936
1 Like
[Passed] NuDroid upgrade v5 (April 2016)
#1554

I need an advice. What do you consider as the maximum “safe” spread for buy walls in Poloniex gateways?
In order to avoid large sales of US-NBT due to BTC’s halvation and the speculation of its “increase?” in value?

#1555

Do you mean Tier 1 or Tier 2?

#1556

Tier 1

#1557

When the wall is highly imbalanced, do all pool operators agree that it’s profitable to Nu and fair to the trader/users to set the parametric order book so that most liquidity is provided at a large spread (e.g. 5%)?

@woolly_sammoth @willy @Henry @Cybnate @Nagalim

#1558

We think a large spread could be applied when BTC is of high volatility in short term. However, we don’t support using wide spread to handle an imbalanced wall situation. And it’s even worst for the profit purpose.

#1559

The spread of my Poloniex NuBot is already at approx 4% (offset 0.02 each side - exchange fees).
I’ll increase the offset to 0.025 during the next maintenance.

Timeline of events related to the peg break 2016
[Nubot Gateway] Poloniex @zoro (sell offset:0.25% , buy offset:5% ) - stand by
#1560

Why? We give nearly free liquidity for speculators to feast on. Taking a cut from their profit seems fine to me. It’s business. There are 120k nbt on the sell side. If in an price cycle 50% of them get traded with the wall twice, Nu will receive 6k profit from a 5% spread. Actually think how much sell side liquidity will be pulled if a 5% spread is applied – it would dull sharp wall imbalance.

Of course nbt will be less attractive with a 5% spread. 5% is just an example number. My point is that it should be a tune’able parameter to find the best spot.

2 Likes
#1561

Just because that may reduce the demand of Nubits in long term.

First and foremost, do you agree on that the movement of Bitcoin price is unpredictable? If yes, speculators doesn’t always make profit against NuBits liquidity providers. They just make transactions, keeping buying and selling NBTs. if there is higher spread for them to sell NBT today, they will be less willing to buy NBT in future.

The reason for wide spread when BTC is in volatility is just because we don’t have a clear BTC price in US Dollars in consensus. Otherwise, that wouldn’t be the case neither.

#1562

This is a common mistake. Nu will inevitably lose

Nu must actively generate profit to survive.

1 Like
#1563

But at least we, as Nu LPs, are unable to predict the price of Bitcoin, right? Move to the same side of speculators or stand at the opposite side of them. We can’t say which one is right.

#1564

I did hold the belief that walls can’t really be gamed, up till some point there was empirical evidence suggesting otherwise. First there’s arbitrage; I often see big sales or purchases occurring after a big price change. Then there’s the fact that speculation can amount to self-fulfilling prophecy. Peerchemist’s example isn’t very suitable for illustrating this though. Walls are only part of the picture - we need various forms of taxes and fees.

1 Like
#1565

We might not be able to predict price movement, but we can predict the gain from trades at a certain spread!

Liquidity; ALix T1 + gateways (poloniex dual side, numerous sell side):

Gateway status at Poloniex (dual side), NuLagoon MLP at Poloniex and several sell side only exchanges

Mon Apr 18 20:44:15 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15674.65,
            "sell" : 15463.6728
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 12553.07,
            "sell" : 13801.8995
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 0.0,
            "sell" : 533.3333
status of Cybnate dual side PyBot at Bittrex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep bittrex -A 2
        "1:NBTBTC:bittrex:LiquidBits" : {
            "buy" : 2327.5,
            "sell" : 1000.0
status of NuLagoon dual side NuBot at Poloniex:
nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 1000 | grep poloniex -A 2 | tail -n 1  | awk -F':' ... and some more stuff
        "1:NBTBTC:poloniex:0.3.2a_1460931401770_91c641" : {
            "buy" : 6000.0,
            "sell" : 6000.0
--
        "2:NBTBTC:poloniex:0.3.2a_1460931401770_91c641" : {
            "buy" : 1455.25,
            "sell" : 120.6334
status of huafei sell side only NuBot at bter
nud getliquidityinfo B | grep BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD -A 2
        "BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD" : {
            "buy" : 0.08,
            "sell" : 2025.0529
status of mOD single side NuBot at hitbtc:
nud getliquiditydetails B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 1000 | grep hitbtc | tail -n 1 | awk -F':' ...and some more stuff'
        "1:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.0,
            "sell" : 500.0
--
        "2:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.07,
            "sell" : 1499.936
1 Like
#1566

The above quoted post showed that we can say in the end we are designed to be on the wrong side – BTC price rises because there are more active buys than active sells. And the wall is designed to sell to those buys. vice versa.

1 Like
#1567

Trading 47 BTC for NBT complete; sides are not perfectly balanced, but…

Liquidity; ALix T1 + gateways (poloniex dual side, numerous sell side):

Gateway status at Poloniex (dual side), NuLagoon MLP at Poloniex and several sell side only exchanges

Tue Apr 19 05:52:10 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP -A 2
        "BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
            "buy" : 15669.87,
            "sell" : 15463.6728
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 10644.53,
            "sell" : 15702.6386
status of Cybnate dual side PyBot at Poloniex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep poloniex -A 2
        "1:NBTBTC:poloniex:LiquidBits" : {
            "buy" : 0.0,
            "sell" : 2000.0
status of Cybnate dual side PyBot at Bittrex:
nud getliquiditydetails B | grep B954pkUEdkeT1G5Lq14Cisij5no3RVxHYe -A 20 | grep bittrex -A 2
        "1:NBTBTC:bittrex:LiquidBits" : {
            "buy" : 2560.3301,
            "sell" : 1000.0
status of NuLagoon dual side NuBot at Poloniex:
nud getliquiditydetails B | grep BTRnV9uLSPVJw4jn1JMV2Ki2cfFqPYip9o -A 1000 | grep poloniex -A 2 | tail -n 1  | awk -F':' ... and some more stuff
        "1:NBTBTC:poloniex:0.3.2a_1461035023578_7a2c26" : {
            "buy" : 12000.0,
            "sell" : 0.0
--
        "2:NBTBTC:poloniex:0.3.2a_1461035023578_7a2c26" : {
            "buy" : 1895.01,
            "sell" : 0.6334
status of huafei sell side only NuBot at bter
nud getliquidityinfo B | grep BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD -A 2
        "BRUuKfGur7CZSLy65gYUPJUQyQZeT1XQnD" : {
            "buy" : 0.08,
            "sell" : 2025.0529
status of mOD single side NuBot at hitbtc:
nud getliquiditydetails B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 1000 | grep hitbtc | tail -n 1 | awk -F':' ...and some more stuff'
        "1:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.0,
            "sell" : 500.0
--
        "2:NBTBTC:hitbtc:0.4.1_1460672310148_655c2c" : {
            "buy" : 0.07,
            "sell" : 1499.936
1 Like