Time to raise a bit the rates?
Is the recent drop in buy side liquidity due to pool’s issues? (here and here)
Till BCE is released we need as shareholders to make sure that pools are working.
But we can see once again the cruciality of a uncompromisable exchange for Nu because Nu’s life depends on how well the peg is kept.
That is why I regard BCE as an eternal, uncompromisable peg keeper.
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At current expenses pace, the buy side liquidity would be totally depleted within 6 months from now, it seems.
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The NuPool tllp server itself was not affected last night.
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Hi @cryptog
The current Liquidity in the Nu network is:
51626 NBT on the sell side and 27630 NBT on the buy side.
If you have a significant quantity of NuBits on the sell side at Poloniex and are willing to sell them for BTC and place them on the buy side, please contact me via PM or Bitmessage at BM-2cXS5ezep1jUqeu8CwC6M4aTmMSxcFEHNN.
Now that so many people are involved in providing liquidity, there isn’t a need for me to be involved in it any more. I’m hoping a group of community members will step up to manage tier 4 liquidity using multisig addresses. I will say more about this soon.
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I think there was a big shift in the last 2 days to BTC…I’m tapped out of BTC over all of the pools.
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btcusd seems to have just bounced off a support and many think its going up.
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So Bittrex is coming back.
Ho do we get polo back - that’s where the major trades happen right?
Did my best to shift everything into BTC positions to help support Bittrex and polo…
Shapeshift needs to use both Polo and Trex…there’s a whole lot more liquidity on Bittrex
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@woolly_sammoth I had to remove the bot as a moderator as it was breaking some moderation tools. Did this kill the bot?
Hi @CoinGame
The current Liquidity in the Nu network is:
38480 NBT on the sell side and 43591 NBT on the buy side.
The bot did stop but just needed a restart.
Thanks for the heads up. I’ll monitor the bot and see if it needs any tweaks.
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Hi @JordanLee
The current Liquidity in the Nu network is:
41733 NBT on the sell side and 48017 NBT on the buy side.
The BTC price crash has led to an increase in the demand for NuBits over the past 24 hours. Buy-side liquidity is at $38K and sell-side liquidity is at $29K. We should be monitoring the situation in case further BTC aftershocks lead to a further reduction in sell-side liquidity.
@assistant liquidity
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Hi @tomjoad
The current Liquidity in the Nu network is:
29122 NBT on the sell side and 39668 NBT on the buy side.