Current Liquidity

Option 1) put them on order for sale and wait until the orders get filled. Can be automated by using NuBot and afaik you are able to run it; NuOwned operations rarely made NBT sale in the last 7 days, though.

Option 2) buy from the buy orders, that are on the orde books; the byuside offset can be significant - depending on where and how fast you want to get rid of the NBT

SouthXchange has some BTC on order at a not so big offset - the orders are within the spread within orders get reported by ALix:

“Every week, increase the target reserve by 0.25% of outstanding NBT until it reaches 30%.”

This I like.

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My NuBot with tight offsets sold 24 NBT!
Sellside balance went from 9,815 NBT to 9,791 NBT.
…maybe not worth mentioning it, but as it’s a kind of good news… :wink:

Fri Jun  3 17:12:46 UTC 2016
status of mOD NuBot session at hitbtc:
        "1:NBTBTC:hitbtc:0.4.1_1464952860644_29cdbc" : {
            "buy" : 0.0,
            "sell" : 500.0
        "2:NBTBTC:hitbtc:0.4.1_1464952860644_29cdbc" : {
            "buy" : 1413.66,
            "sell" : 418.263
status of mOD NuBot session at poloniex:
        "1:NBTBTC:poloniex:0.4.1_1464943832235_3ba051" : {
            "buy" : 500.0,
            "sell" : 2000.0
        "2:NBTBTC:poloniex:0.4.1_1464943832235_3ba051" : {
            "buy" : 20338.09,
            "sell" : 11160.2103
status of mOD NuBot session at poloniex:
        "1:NBTBTC:poloniex:0.4.1_1464903918569_e146d4" : {
            "buy" : 400.0,
            "sell" : 800.0
        "2:NBTBTC:poloniex:0.4.1_1464903918569_e146d4" : {
            "buy" : 61.78,
            "sell" : 9791.227
status of zoro NuBot session at poloniex:
        "1:NBTBTC:poloniex:0.3.2a_1464953175077_595d35" : {
            "buy" : 750.0,
            "sell" : 1500.0
        "2:NBTBTC:poloniex:0.3.2a_1464953175077_595d35" : {
            "buy" : 17172.37,
            "sell" : 17929.8288

btc price has just fallen from 590 to 565 on bitfinex.

on polo nbt price is
Polo NBT last : 0.00174088 lowestAsk : 0.00174556 highestBid : 0.00173214
polo nbt 574.422 572.882 577.321

that is 0.9% spread BEFORE fee

I see $1100 buy orders on nbt/btc. But why alix is giving 0 buyside? @willy

The buy offset should be a function of BTC’s increasing velocity!
But then again the speculation remains. Can this offset be covered with a future BTC increase?
That makes the function dynamic and very complicated!

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@zoro, it might be time to increase the buyside offset.
You start running out of BTC:

Mon Jun  6 08:11:54 UTC 2016
status of zoro dual side NuBot at Poloniex:
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
        "BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
            "buy" : 7204.24,
            "sell" : 30719.8262

I already did, now at 5%

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Eureka! Negative offsets work with NuBot!

08:18:14.482 INFO  - Computing USD prices with sellOffset:-0.0045$ and buyOffset:0.9  : buy @ 0.9959 buy @ 0.09989999999999999 - [c.n.n.t.PriceMonitor
08:18:14.486 INFO  - Converted price (using 1 BTC = 585.39 USD) : sell @ 0.00170126 BTC; buy @ 1.7066E-4 BTC - [c.n.n.t.PriceMonitorTriggerTask:169]

You can try to adjust the sellside to be competetive with the other offers.

@staff thanks whoever helped move the experiment post. I can’t find the new thread created. Could you point to where it is, and lastly move these ones, too?
Current Liquidity and 1913 to1921 thanks!

Can @staff please put these in a new thread "Experiment of trading volume at different spread using a gateway"
Current Liquidity to 1778
Current Liquidity to 1813
Current Liquidity
Current Liquidity to 1838
Current Liquidity to 1868
Current Liquidity to 1873
Current Liquidity
Current Liquidity - 1921

@Cybnate, any news with the 1% gateway?


Here you go. Please let me know if I missed anything…

Thanks a million !

what we can do at this situation ?

Poloniex BTC/US‑NBT

Wall at $0.85 will be raised incrementally.


It is exciting to see the recent improvements in liquidity and price. Let’s keep the momentum by taking action to grow currency demand. The best way to do this right now is help the development of Chinese and European NuBits along.

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The wall at $0.85 was decimated suddenly. Are there any more increments to be deployed? :slight_smile:

We should get an update from the Chief within 5 hours if he still has a plan…

As the entire wall (except the 5.36 BTC NuBot withheld) was consumed, no. The remaining 5.36 BTC will probably be used for the daily purchases we’ve been doing.