I agree with that list of priorities, except for the priority I’d like to introduce:
'0. Stop a bank run by placing BTC orders at huuuuge offset
'0. is being under construction
I see no reason to believe 1. isn’t under control at the moment.
That means we should care about 2.
This in turn means, care for
@henry, how can FLOT send BTC to NuLagoon without having them put to NuLagoon Tube?
Are withdrawals prioritized over trading on NuLagoon Tube?
Otherwise sending BTC to NuLagoon Tube wouldn’t help to get this issue resolved.
As the motion to change the Pybot spread from 1.4% to 1.0% has obtained more than 50 votes in the last 100 blocks, I’ve now updated the spread of both the Poloniex and Bittrex Pybots to 1% and going forward subject to FLOT approved changes.
Please consider use of PyBot.
Not very likely to kickstart itself, will need to get lower spreads in the market, which won’t be easy.
We might need to survive the weekend with NBT holder realising that their orders haven’t been executed and they can’t withdraw without paying a 5% ‘fine’.
As said in another thread we need to increase sales of NSR to obtain BTC, I accept that it means lowering NSR sell price in a similar way as the buybacks has been performed.
4 BTC to NuLagoon (not Tube, but 1NfmHm5RVTjkER2n3zGuMbRkeotJmkBrLj) to allow processing withdrawal
Please have a look here and the next posts, before signing it:
Is it ok, if @henry calculates the amount of NBT, that get transferred to FLOT NBT address at the time of the arrival of the BTC?
Or do we calculate it based on the time, when we broadcast the tx?
It’s surprisingly frustrating to copy the link and transaction from Cointoolkit in Safari on iOS. I fail to copy the link. I’d like to make Cointoolkit present them preformatted in Markdown, but I probably won’t get to that anytime soon.
@masterOfDisaster can you confirm this? If this is true, can FLOT and @JordanLee agree that the best thing to do for now is commiting 5 BTC to @zoro’s gateway which has run out of BTC and set at 1% spread (@zoro please confirm) and will report a trade history; and 5 BTC to @masterOfDisaster’s gateway set at 5% as a second line and for better PR. @Cybnate’s gateway will be a backup.