FLOT US-NBT Operations (sell side)

dysconnect 2016-03-04 16:55:54 UTC #151

@nagalim Perhaps you can send us about 2.5k worth of BTC and we’ll send you 5k NBT, a formality but makes consensus easier. I’m figuring out what to send to @zoro but it seems he’s not short of NBT

Nagalim 2016-03-04 16:58:28 UTC #152

My nubot doesn’t report liquidity. I don’t really have the time to figure that out yet, so I think we should take my nubot off the table during current negotiations.

@dysconnect I can send you BTC if you like, I’ve only held it for ~1 hour now though.

I’m not sure how to get more funds into ALP other than via T3 (or deals directly between FLOT and LPs, which we haven’t done in some time). NuLagoonTube doesn’t seem to be getting hit up for trades today, but maybe they’ll feel it later.

dysconnect 2016-03-04 17:14:52 UTC #153

4999.99 NBT to nagalim:

verify

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

masterOfDisaster 2016-03-04 17:56:03 UTC #154

Verified and signed 2 of 3/5

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

As this T3 custodianship is without collateral and rather based on trust, reputation and experience working with @Nagalim, I’d rather save Nagalim and FLOT some efforts by keeping some more funds under T3 custodian control.
Ideally the T3 custodian can trade back and forth instead of repeatedly withdrawing and receiving funds.
I’m aware that this increases the risk for Nu, but it has a benefit that is earned by taking that risk.

Nagalim 2016-03-04 18:02:44 UTC #155

After we get 1 more signer ill prolly be able to send back ~$7.5k in btc very soon after. I can do it in 2 txns if y’all want, but this is actually within my current terms to wait a day before sending back. Still, if the 3rd signer requires the 2.5k now ill send it.

masterOfDisaster 2016-03-04 18:09:57 UTC #156

As a reminder: my “for emergencies only” NuBot on Poloniex is still in active standby. I check it from time to time and did so a few minutes ago. It’s operational.
…just in case something goes pear-shaped…

Current Liquidity

Nagalim 2016-03-04 21:02:13 UTC #157

Withdraw: 5.9 BTC
approx. current reserves: $2514.15 BTC | $8.17 NBT

Also, the tube is starting to feel it finally.

masterOfDisaster 2016-03-04 21:18:15 UTC #158

NuLagoon Tube, Nu funded NuBots at Poloniex (or other MLP) are the only LP, with that Nu can reliably support the buy side or the sell side.

The ALP at Poloniex sell side was dry again for several hours today and was low before it was completely dry and is still low.

If the Tube starts to run dry on one side, FLOT can easily fix that.

I wish T3 custodians could do that as well (support NuLagoon Tube or Nu funded NuBots), but I’m aware that terms, which permit that, can be tricky.

woodstockmerkle 2016-03-05 01:38:59 UTC #159

Signed 3 of 3-of-5

0100000086b7d95601b10396be7151035f5e86371e7897fff1af873e3aa0f35ba452343e2288e1170501000000fd8a010047304402201e1af8526f1c1c6e2788c0a4ebd5684f1119f92c563cc6200cbf7fd4f682f95702200735eb68e1480f140639e1a59453463de2edb7b02c50d6998f0aaf774471855e01483045022100b6f8ebe8e6b45b18a7f36698b2fa08325be7a5ef122ab6d33aea4c2a0aab3b980220200424beca66f4cad7d253d70569928411a3f94771e68e60d72833caaa1430d001483045022100ece3e3e8b80b430e5917cbfde3608340345f26b96f96e0afb60db0946f756114022017423cd986aa7e38a2385a14a4ddd292097390b7ec2cceb68e3be2c6ba998378014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff011cf0fa02000000001976a914459f5fcd235199812dd7f196d0223fd78cbf6edd88ac0000000042

Broadcast; txid 17513c638e0fb76a2c61012dcdcfbb28b12fc51aee4e1bc479d0273e25951fd4

zoro 2016-03-05 09:38:07 UTC #160

My bot needs NBT asap.
BEDJCrAZA9P7cvUm2vvSgkmEebVtKhZZ5V
i will send back 25 btc asap.

jooize 2016-03-05 11:20:13 UTC #161

10k US-NBT to zoro

Address: BEDJCrAZA9P7cvUm2vvSgkmEebVtKhZZ5V
Amount: 10,000 US-NBT
Fee: 0.02 US-NBT (probably excessive, but speed)

Cointoolkit says “Fee is 0.0199 NBT”. JavaScript float rounding issue?

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

Signed 1 of 3-of-5.

masterOfDisaster 2016-03-05 11:47:03 UTC #162

Verified and signed 2 of 3/5

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

dysconnect 2016-03-05 12:23:35 UTC #163

verified and signed and broadcast: deb1c65fee569b1272b37f9c9c93112ba3a5c60f09a206903b0aa494deac00cd

I won’t bother too much about NBT transaction fees, burning too much NBT is a good excuse to print them back.

zoro 2016-03-05 12:44:46 UTC #164

25 BTC sent to FLOT
c1533f3c0904b124794f1f0ac5ec3c85f505af8eb4576542481ca5fb570400dc

zoro 2016-03-05 13:33:01 UTC #165

something is wrong?
I don’t see the funds yet!
http://blockexplorer.nu/address/BEDJCrAZA9P7cvUm2vvSgkmEebVtKhZZ5V/1/newest

jooize 2016-03-05 13:51:08 UTC #166

Rebroadcasted. Funds are there now anyhow.

Nagalim 2016-03-05 16:18:49 UTC #167

We should keep a list of the prices and volumes when T4 interacts with NuLagoonTube.

masterOfDisaster 2016-03-07 07:16:45 UTC #168

4,000 NBT to @Cybnate’s dual-side PyBot at Poloniex, because the NBT sell side there is low (according to ALiX) and the risk (of failing bots) should better be spread across more providers.

Signed 1 of 3/5

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

A detailed explanation can be found here:

Paging @dysconnect, @ttutdxh, @jooize, @woodstockmerkle to prevent this post from getting lost in the thread.

Current Liquidity

Cybnate 2016-03-07 07:31:50 UTC #169

Make it 2000 NBT as my account on Poloniex has still limitations!! Can do another 2000 NBT in 24h.
@masterOfDisaster

masterOfDisaster 2016-03-07 07:34:37 UTC #170

I thought that the 4,000 are far enough below the 15,000 you indicated here:

With

I calculated a limit for Poloniex at 10,000 and Bittrex at 5,000.
The limits you listed (2,000 USD at Poloniex, 1,000 USD at Bittrex) apply to withdrawals only and not to deposits, right?