FLOT US-NBT Operations (sell side)

[Nagalim]

The outputs will be consumed with one txn or the other. Either way we’re fine.

[jooize]

Using the same inputs prevents that from happening as they will be unusable after the new transaction goes through.

[mhps]

right. it would be a slightly twisted double spend so it won’t work.

[masterOfDisaster]

1. Thank you again!
2. Verified and signed; 2 of 3/5

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

[dysconnect]

verified and signed

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

Can’t broadcast, probably because the old tx is still in my mempool.

[jooize]

sendrawtransaction <RawTransaction>

7b2e677b91f2b33a513ddf81d12416513305a5e89620518e633c5f70b426b18e

Success!

NuExplorer’s time appears to be 10 minutes ahead.

[dysconnect]

By getliquidityinfo there appears to be an 35k overflow in T3 buyside, on NuLagoon. It would be good to send 15k NBT to NuLagoon Tube, but only the old BTC address is registered with NuLagoon Tube.

@henry, if it’s not too much trouble, would you mind re-registering the new BTC address of FLOT 3HikFkS2Zinab1TJq7dqp6wSPyLu7i7bhe to the sell side address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js? If you prefer that FLOT re-register manually, could you confirm that BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js can be re-registered without any interference on your side? Thank you.

[henry]

We can manually re-register the following addresses:
3HikFkS2Zinab1TJq7dqp6wSPyLu7i7bhe
BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js

[dysconnect]

That would be great, thanks.

[henry]

Addr register done. Please check on “Live Addr Pairs” of http://nulagoon.com/

[dysconnect]

I propose to balance NuLagoon by 15k NBT. Alix wall shows ~15k buy side excess in tier 1, and about 35k excess in NuLagoon T3.

Transaction created (verify):

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

Will sign later.

@masterOfDisaster @jooize @woodstockmerkle @ttutdxh

[jooize]

(Verify link goes to making a new transaction, not the actual transaction.)

Verified NuLagoon Tube address, amount, and fee is 0.02 US-NBT.

Seems sensible!

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

Signed 1 of 3-of-5.

---

Hmm. Shouldn’t we send half to balance?

[masterOfDisaster]

Shouldn’t we send half to balance?

From a mathematical point of view I agree
But as you spent again efforts to create and sign a transaction, I preferred to sign it.
Can somebody please remind me why the sell side and buy side need to be balanced (without taking into regard absolute numbers)?

Signed 2 of 3/5

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

[Nagalim]

We want to take this opportunity to sell nbt for btc. Demand seems to be going up so we need to increase supply a little. Or is your question specifically about the tube?

[masterOfDisaster]

Demand seems to be going up so we need to increase supply a little.

It’s not specifically about the tube.
I understand why Nu wants to sell NBT.
I just don’t understand why the ratio is more important than absolute numbers.
The NBT sell side was down to approximately 40%, but there were still 45,000 NBT available (all exchanges combined).
Poloniex alone had 18,000 provided by ALP.

I know there’s a desire to keep the sides balanced.
But my question for the reason (without taking absolute numbers into consideration) was meant seriously.

[Nagalim]

ok, but the tube only has 8k sell side. I agree there’s not much we can do on polo right now, even if the sell side goes under 10k, but the tube we can easily balance. If I can switch perspectives, why not balance it? There’s something to be said about price and us buying at the top here, but I do think demand has increased and the Tube should be a reasonable way to put some nbt into circulation.

[masterOfDisaster]

I don’t find balancing bad.
I just don’t understand why a ratio is more important than looking at the absolute values as well…

[Nagalim]

The sell side has increased, indeed, but mostly it’s been a decrease of sell side. I think the absolute numbers also show that we should do a balance.

[dysconnect]

I explained that there’s over 30k overflow in T3, with 35k in NuLagoon. Also T1 would also have been roughly balanced after exchanging taking 15k NBT off NuLagoon Tube sell side. I hope that’s what you meant by absolute numbers.

Broadcast, txid: 13f69afea6a5dbe92ee8e014387cc97bc1b4716ba08eda5e9696f0c8545cf89c
Verify

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

[masterOfDisaster]

With absolute numbers I mean that as long as an absolute minimum of funds is available, I don’t see an immediate need to balance, even if the sides are 40/60.
Say there are $45,000 on a side with a majority in exchanges, which are considered important at that time (say, Poloniex, NuLagoon Tube).
Why should there be need for a balancing just because the other side is above $45,000?

Imagine people putting funds and removing funds to/from ALP (thousands odf USD value). Does that necessarily trigger a balancing?