FLOT BTC Operations (buy side)

[ttutdxh]

I guess you are signing with the wrong key or the wrong coin key?
When I click the signature list it is still only showing mine. Even your first tx was not showing your signature.

[masterOfDisaster]

I guess you are signing with the wrong key or the wrong coin key?

Nope. Right key, right coin… I’m clueless.

[cryptog]

Verified and signed. 2 of 5-8.

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[masterOfDisaster]

@ttutdxh, you were right. I found out, when I double checked. My password in my password data base got messed up.
Signed 3 of 5/8

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[jooize]

NSR FLOT members @masterofdisaster, @ttutdxh, @jooize, @mhps and @cryptog.

These are the members of FLOT NSR:

FLOT NSR Operations (buy side)

@Dhume, @ttutdxh, @cryptog, @mhps, @masterOfDisaster

[jooize]

65 BTC ($30,732) to NuLagoon Tube and 4.23 BTC ($2000) to Cybnate’s Bittrex PyBot account

Signed 4 of 5-of-8

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[Nagalim]

Any word on me and cybnate balancing nuowned operations outside of contract? I’ll be sure to add it to a future motion so this will have shareholdrr consensus in the future.

Note that no price feed is used for this procedure, simply mutual trust of cybnate and I and our respective operations by shareholders.

[masterOfDisaster]

What do you mean drained? @zoro hasn’t really been buying a whole lot, there are constantly ~3k at that spread and they aren’t being gobbled up. Why would increasing it to say 6k make it any more readily eaten?

I focussed on “close spread” when I was writing my answer and misinterpreted your suggestion in the way that @zoro should put more funds on order at a close® spread. Stupid me.

Any word on me and cybnate balancing nuowned operations outside of contract?

Yah:

Both @Cybnate and you are only allowed to trade with FLOT as far as I’m aware of your contracts (unless you consider the balancing with @Cybnate a T3 activity, which would give you green light for that ).As both operations are NuOwned, I wouldn’t care if you did that to speed up the balancing.

Making FLOT the middleman of that activity neither increases the security of the tx nor anything else.I say go for it.

[Nagalim]

I’d like more than just you to green light it.

So do you agree that doubling the bookwall might be a good idea?

[masterOfDisaster]

I’d like more than just you to green light it.

Of course. But my post was buried in the thread.
I made a post to get a place for a focused discussion: Bypassing FLOT for NuOwned operations

So do you agree that doubling the bookwall might be a good idea?

Without market awareness as a function of NuBot, we need to be market aware.
I say, increasing both the spread (slightly) and the volume on order (a bit more than slightly) are good measures to show that there’s liquidity on the order books.

[jooize]

Current FLOT considerations

Things for signers to do asap:
[…]
Signer consensus would allow any or all three of these actions to bring back the peg today.

• 65 BTC ($30,732) to NuLagoon Tube and 4.23 BTC ($2000) to Cybnate’s Bittrex PyBot account
• Can @Nagalim send money from T3 to @Cybnate’s account?
• Can @Cybnate balance Bittrex off of Poloniex?
• Double the bookwall parameter?

I don’t have everything loaded into my head, but I’m working on understanding it.

[masterOfDisaster]

re. bullet point 1: needs only one more signature.
re. bullet points 2 and 3: can be discussed here:

Bypassing FLOT for NuOwned operations

Continuing the discussion from FLOT BTC Operations (buy side): Because a discussion about that topic is hardly possible in one that deals with much more activity, I decided to spawn a new topic. It would be great to continue the discussion here. This sums up my position: @cryptog, @Dhume, @dysconnect, @jooize, @mhps, @ttutdxh, @woodstockmerkle, what do you say?

re. bullet point 4: makes sense for me.

[dysconnect]

Signed and broadcast: 5a65cb896f0dbfb3ee2e4fe22de3ae4331a8a8e3f1dce04ccc167e33006df8f8

[JordanLee]

We do indeed need to talk about how that happens. @JordanLee Would you be willing to hold a blind auction as you did last time?

I would prefer not to do that personally. I presumed we were headed toward selling them in a way similar to what was done with share buybacks. With buybacks, we started with a wall at 70% percent, then raised it to 80%, then 90% then 100%. With an NSR sale, we could start above the market price and move down. Because 100 / 70 = 143 we could start at 143% of the market price, then 100 / 80 = 125%, then 100 / 90 = 111%. I am not set on this method, but it seems like the method that is most consistent with established procedures. I realise there is an argument for keeping the trades off the exchanges, however. I don’t have strong opinion about which approach is best, and it doesn’t matter too much what I think. NSR FLOT signers are the decision makers here.

[Nagalim]

In the past we have used blind auction to sell. It’s also referred to in the standard motion:

[Passed] Standard and Core

The method of purchase and sale is at the discretion of FLOT, however it will be noted that in the past… dilutions were performed using a blind auction model.

I am concerned about making this seem like a bailout instead of a crowdfunding activity. We should advertise it as a crowdfund and do it off-exchange.

[masterOfDisaster]

Wanna revive seeded auctions?
For the record: that is my opinion as FLOT member.

[Nagalim]

I really don’t want to be auctioneer, I’m about to disappear for a couple months. I can open source what I have if you want and you can check it out.

[Cybnate]

Thread is all over the place.

Can @Cybnate balance Bittrex off of Poloniex?

I can if needed, a bit messy in keeping track of the books to mix up both operations.

4.23 BTC ($2000) to Cybnate’s Bittrex PyBot account

I understand the 4.23 BTC transfer haven’t been completed yet awaiting one other signer. I’m on standby to transfer the equivalent of NBT from Bittrex during the next 5 hours. BTC is still a quite jumpy. ($495 at time of writing)

Re Poloniex, I have already transferred 2000 NBT to FLOT and will transfer the remainder once Poloniex clears my 24h cap in about 5 hours time. Given the discussion I assume @nagalim will then transfer the BTC into the gateway’s Poloniex account. Correct?

[cryptog]

NSR FLOT signers are the decision makers here.

As a member of NSR FLOT i think that selling the right quantity of NSRs on Polo as opposed to the buybacks with the same kind of gradual price settings is straightforward. In this method, we need to determine:

• the quantity of NSRs
• the executor
  And then we can create the multisig tx.
  I do not think it will be perceived as a bail out. It is conforming to the price peg mechanism advocated by Nu, i believe.

[zoro]

To FLOT members:
if you don’t send BTC to my nubot gateway, i will increase spread to 4%, it is 2.8% right now.
Please advice.