Current Liquidity

[crypto_coiner]

The reserve ought to be big enough to handle any sales of NuBits over a two week period, after which sale of NSR for NBT and then burning the NBT could be used to deal with any reduction in demand for NuBits

Any specific event coming in the next 2 weeks that will make people sell NBT?

[cryptog]

@assistant liquidity

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

42020 NBT on the sell side and 34982 NBT on the buy side.

[cryptog]

buy side is getting lower than sell side, time to raise a bit the interest rates once again, i guess.

[Nagalim]

It’s totally health to have park rates now and again. If nothing else, it tells the community that the voters are still awake.

[dysconnect]

I tried to estimate the amount of NBT liabilities generated as park interest (including for current parked NBTs). There’s one particular transaction that cost us about 1k NBT. In total there seems to be about 3.3k NBT paid & to be paid as parking interest. The total number of parking transactions is than 300.

[crypto_coiner]

I tried to estimate the amount of NBT liabilities generated as park interest (

Can you elaborate why they are liabilities?

[crypto_coiner]

buy side is getting lower than sell side, time to raise a bit the interest rates once again, i guess.

What’s the reason for such drop of the buy side? people selling NBT because they are buying BTC?
Are we going to have to conduct NSR sale for NBT burning auction?

[dysconnect]

Because they’re NBT created from thin air.

[cryptog]

@assistant liquidity

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

35201 NBT on the sell side and 35909 NBT on the buy side.

[cryptog]

BTC and LTC crashed hard with the recent announcement of a third bailout package possible between Greece and Europe.
But NBT is stable so people have been buying back NBTs.

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

34637 NBT on the sell side and 36745 NBT on the buy side.

[crypto_coiner]

Nu has a use case here- how much money does it make?
Can we suspect that once BCEX is launched, Volumes of cryptos exchanged grow, say, 50 fold, calling upon an gigantic NBT demand?

[cryptog]

@assistant liquidity

[cryptog]

Can we suspect that once BCEX is launched,

This belongs to another thread but we can speculate that the fact that B&C will be offering plenty of relatively cheap, secure, NBT liquidity against your crypto would make you willing to use it for getting in/out of your orders, thus increasing drastically the exchange volume of NBT.

[cryptog]

@assistant liquidity

[cryptog]

buy side: 31k
sell side: 44k

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

47425 NBT on the sell side and 35924 NBT on the buy side.

[assistant]

Hi @cryptog

The current Liquidity in the Nu network is:

47425 NBT on the sell side and 35924 NBT on the buy side.