Current volume

[cryptog]

NuBits $ 543,794 $ 0.997538 545,136 NBT * $ 51,120
I think we have not had more than 50k in a long time.

[Sentinelrv]

Good idea to start a thread to keep track of this. I usually check it every time I’m on CMC. It has been a while since we’ve seen numbers like these.

[woodstockmerkle]

Feb 17th was when things were trending down from the $1MM+ volume days, and crossed under $50k. There was a spike over $50k on April 29th.

[cryptog]

62.2k

[Sentinelrv]

Could this be due to the NuDroid advertising campaign that started today?

[mhps]

could also be the large ltc/ppc/btc price movement. can we check how many downloads has there been for NuDroid?

[Yurizhai]

More likely it’s just people moving in/out of LTC and Dash on Poloniex.

[cryptog]

77,591NBT now.

[Sentinelrv]

$31,256 today, mainly from Poloniex. Last couple days were around $20,000.

[Nagalim]

what are we doing so right on poloniex that we aren’t doing on other exchanges?

[nmei]

Polo is one of the most popular exchanges now thanks to ether.

The more action the exchange sees the more NBT will see.

[Sentinelrv]

Now $44,603.

We should have some kind of updating chart to keep track of this.

[tomjoad]

what are we doing so right on poloniex that we aren’t doing on other exchanges?

In addition to @nmei’s insights, I think Poloniex may attract more sophisticated traders because of its advanced features like margin trading. Those sophisticated traders may have higher awareness of NBT’s ability to be used as a hedging tool against BTC price depreciation.

We should have some kind of updating chart to keep track of this.

http://coinmarketcap.com/currencies/nubits/#charts shows the daily trading volume. If you set the window to look at the period after our exchange hackings (March 1, 2015 - Present), you can see that trading volume has been growing at a healthy clip since June 2015.

[nmei]

I agree also tom that polo’s advanced capabilities - like margin trading are a draw.
I know I use it for lending…Hey think it would be good to see if polo can add NBT to margin trading? It’d be more exposure.

[mhps]

what are we doing so right on poloniex that we aren’t doing on other exchanges?

It has the deepest liquidity and more pairs for arbitraging and speculating.

NBT/BTC LPCs are set to lose, though, even if BTC prices come back. The interest Nu pays hopefully will offset most of it.

[Sentinelrv]

http://coinmarketcap.com/currencies/nubits/#charts shows the daily trading volume. If you set the window to look at the period after our exchange hackings (March 1, 2015 - Present), you can see that trading volume has been growing at a healthy clip since June 2015

I can’t believe I never noticed that volume chart. I analyzed the chart and July 11th is the last day with the largest volume. I zoomed up on that day and the volume was around $77k. If we can somehow surpass that then it will be our highest volume day since February 16th, (around $125k) which is when it dropped off after the second exchange was hacked (BTER).

[nmei]

NBT/BTC LPCs are set to lose, though, [even if BTC prices come back.][1] The interest Nu pays hopefully will offset most of it.

True story… I’m sorta sad tonight…

[tomjoad]

I zoomed up on that day and the volume was around $77k.

$76,687 now. Another $1,000 or so and I think it will qualify as our highest volume day in almost half a year!

[Sentinelrv]

I zoomed up on that day and the volume was around $77k.

$76,687 now. Another $1,000 or so and I think it will qualify as our highest volume day in almost half a year!

I zoomed into the volume graph and the number we have to pass is $77,897. If we pass that then I think we should tweet it out.

[Sentinelrv]

Passed it! Currently $82,470!

Let’s wait until the day is over though to see what we can get to. $125k is the next level, which hasn’t been reached since February 16th.