Decentralized long term USNBT purchase and burn program

If usnbt is priced at $ 1, can I trade back CNNBT or EUNBT with real currency rate? Currently I don’t see USnBT / CnNbt and Usnbt / EUNBT trading pairs. This also encourages investors in USnbt to convert to other currencies and park them.

Reduce the pressure on Nubits dola for a long time being sold off below $ 1.

I haven’t looked carefully but it was my understanding that CNNBT was working okay with a small supply.

Week 84/91
NBT purchased: 73159.44
BTC spent: 0.33493279
price/BTC: 0.0000458
price/USD: 0.213

burn txid 8d3069c048acf3d8cc3356ed016dc23a0fb04df52af5ada65b4f48d855291537

Note: we are still about a week ahead of pace for the buy and burn due to aggressive selling. Future buys will slow down to maintain the pace of the 13 week program

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Week 85/91
NBT purchased: 83779.58
BTC spent: 0.33493279
price/BTC: 0.0000400
price/USD: 0.202

burn txid ec65a92ac35b52730edbf9c9445ccb28c262f89ee9d7c82bcf8ab11a3fcaba0a

any news? its alts season again…

if btc will 1 million.

Week 86/91
NBT purchased: 83739.08
BTC spent: 0.33493279
price/BTC: 0.0000400
price/USD: 0.238

burn txid 02c9077be79296b57253ea4a49f8565e692b3a79f9b153a5c3f1caae3f442113

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maybe you forgot to write 86/91 instead of 85/91?

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Thank you, fixed.

Somebody who sold today is counting that btc will reach 310k. While few weeks ago you might sell at 40-80k. So it wasn’t a wise move.

Week 87/91
NBT purchased: 89925.12
BTC spent: 0.33493279
price/BTC: 0.0000388
price/USD: 0.218

burn txid 005f1c2c40e0b1a057ee5bc96a00d3c19d136a14f267cd460e2322c8635192f7

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This week has been delay sir?

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No delay, this week was one week after last week. Last week was done a bit more slowly because one or more of the earlier weeks went very fast, putting the buy and burn ahead of schedule. Back on schedule now.

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Week 88/91
NBT purchased: 145491.94
BTC spent: 0.33493279
price/BTC: 0.0000230
price/USD: 0.135

burn txid c5cbb06aafd830363dcde2ed8df6e31f313095e4046ad3ba9d50ccc9fb9d2173

2 Likes

Week 89/91
NBT purchased: 70980.70
BTC spent: 0.33493279
price/BTC: 0.0000471
price/USD: 0.284

burn txid fd1196ebea2da56080790ef5678fbe1b7ffbcdae3790fd557c44ead911c257ea

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How are NBT being purchased? Is it with newly printed NSR? And what are park rates?

Week 90/91
NBT purchased: 80771.51
BTC spent: 0.33493279
price/BTC: 0.0000415
price/USD: 0.267

burn txid 14b8517e8a93b9f9a68517e4f265d4661c519dd72bb7553ce1f266340f0e57f1

Week 91/91
NBT purchased: 72656.25
BTC spent: 0.32907352
price/BTC: 0.0000453
price/USD: 0.247

burn txid b1da5868a09ddbdd357026becde71cb509a06f03b5670e7d867d17c3aff913df

We will be proceeding next quarter with a budget of 2.57359187 BTC spread over 13 weeks. This is an intermediate amount in between the original budget of 50K USD/q and the previous quarter special continuation of a BTC-denominated amount.

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Weeks #92 and #93 are being performed in parallel and will be reported simultaneously.

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You will much sooner reach 1$ by buying any altcoin now than waiting any longer. Also you have chance that such altoin make bigger gain while with nubits 1$ is a max that might never happen.