Decentralized long term USNBT purchase and burn program

Right now, there are only 106,000 NuBits for sale below $1. That is the least in the last two years. Most are for sale for $0.35. It may be the last chance to buy USNBT at such a deep discount to its $1 peg price.

Week 76/78
NBT purchased: 49475.15
BTC spent: 0.33493279
price/BTC: 0.00000677
price/USD: 0.256

burn txid ee41d3b0dcda99ebaba4d4cdc192aa9f5d1abe75f539b1377e55da1009fdb8ee

Since my last note in this thread less than a day ago, the number of USNBT available below $1 has dropped 18% to less than 83,000.

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In the last 7 days the number of USNBT for sale under $1 has dropped from 106,000 to 62,000, a 42% reduction. The peg may be very close to being restored. Most are for sale around $0.38. A 150% profit can still be had, plus 30% per year interest.

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High risk if you hold BTC in ATH time , let convert to USNBT and park it :heart_eyes:

Week 77/78
NBT purchased: 41074.77
BTC spent: 0.33493279
price/BTC: 0.00000815
price/USD: 0.295

burn txid aa11982444e45a479eebcd7e2c263986fcb2f2fcff77552790c982a8af86d18d

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Only 55,400 USNBT are for sale under $1 now, down from 106,000 eight days ago. While pricing is contingent on what market participants choose to do, if the trend continues we will reach $1 in a little over a week. While it is likely to dip down briefly after initially touching $1, this is just an opportunity for a quick profit as the supply will continue to contract so long as the price is under $1. Once it reaches $1, it will expand. We will use the proceeds to fill our reserve and build liquidity.

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Very interesting. Thanks :+1:

4 years?

Less than 9,000 USNBT remain for sale below $1.

I think this coin already dead . Not following market . You should sell , accept cut loss and forgot it .
I have a little usnbt , 2 thousand … that was a big money with me when i bought at 1$ on Bittrex then delisted , and store in Coinomi , now they was delisted also . At the time i bought Usnbt they only have about 2 million Nubit, now 14m right ? Now I cant send to market, i was created Southxchange account to get back my money.
Anybody know how to send usnbt from coinomi ?

Be more optimistic, friends;)

Really?? I have Nubit stored in Coinomi wallet. I can’t pull them out now, you’ve been saying this for more than a week, should I believe in this next plan? ok i will wait for Usnubit to return 1 $.

Edit :
Just checkcon Southxchange , more than 35k Nubit bellow 1$ :joy:

There are now only 10,000 USNBT for sale below $1. 16 days ago it was 106,000 USNBT. We may be close to restoring the peg.

Just 100$ Daily volume, how far we can go to 1$ ? Why don’t buy them ? Just 9k Nubit

Week 78/78
NBT purchased: 35107.99
BTC spent: 0.3323485
price/BTC: 0.00000947
price/USD: 0.302

burn txid 8ab869426573ed0b21d1a16e48f8ae8fc922aec2dbc020f4204bd466e4dfbcc3

We are finalizing a plan for the upcoming weeks.

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3m5 Nubits are parked…go ahead,…:hugs::hugs::hugs:

We are continuing the buy and burn program for another quarter, continuing at the same rate in BTC as last quarter. This represents an increase (due to BTC appreciation) of approximtely 170% of the previous rate in terms of USD.

Hopefully this should be sufficient to restore the peg, but we will see.

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There are now less than 7000 USNBT for sale below $1.

There are no USNBT available for under $0.70 right now. Buying at $0.70 is still a 40% plus profit if you sell at $1.

Great job . Respect!

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