FLOT US-NBT Operations (sell side)

masterOfDisaster · March 31, 2016, 2:51pm

@jooize, thank you for tidying up the OP!
Was there a specific reason to remove the link to Cointoolkit, which included the redeem script?

jooize · March 31, 2016, 2:52pm

That?

masterOfDisaster · March 31, 2016, 2:56pm

Yeah, well… that!
I could blame my mobile phone, but I hadn’t even tried that link supposing it would lead to https://daology.org/articles/e2e9ddfca93039886bdcd4451bdc144fe1a0bfa7
So it was rather my bad

jooize · March 31, 2016, 2:57pm

Ahh!

Perhaps link the guide as well?

masterOfDisaster · March 31, 2016, 2:59pm

Of course!

masterOfDisaster · April 1, 2016, 10:58pm

TX to refill Poloniex gateways:

6,000 US-NBT to @zoro’s Poloniex gateway AND

6,200 NBT to @masterOfDisaster’s Poloniex gateway

Signed 2 of 3/5

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

In exchange for

and

## TX to send 2,000 US-NBT to Bter sell side gateway by huafei; signed 1 of 3/5

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

I verified it, but copy and paste on the mobile phone is a pain. I urge the next signer to check the NBT addresses again, although I’m quite confident they are right.

TX to activate masterOfDisaster’s sell-side gateway at Bter with 1,000 US-NBT; signed 1 of 3/4

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

Please look at this post before you consider signing the latter one!

jooize · April 1, 2016, 11:22pm

Signed 2 of 3-of-5

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

huafei · April 2, 2016, 2:43pm

@dysconnect, @ttutdxh, @jooize, @woodstockmerkle,

please consider to signe the transaction send to sell side gateway at bter

Nagalim · April 2, 2016, 3:06pm

To the 4 mentioned above, this is the 1-of-5 txn signed by MoD. I think it’s still using unique inputs. Of course please verify before signing.

01000000f41dfd5601eb0b8cff8510e8cf4f1bedfc3d3180e0815c0a3680d0015ec98275f495608d8001000000f8004730440220492aa83b91089e974aa9a0cd10391558ac9dba24c813953c8061ff62aba8fd650220175c159a1ae75ce8f8c70bacec2575402f9a63a61a59f77a68a2d20c11d975e4014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff02002d3101000000001976a9145ed8be272ee94003a69f2efe25f0e0cedba12b6e88ac9872b5030000000017a914f35b24f264597d66ba8c366a5005824bb6a06138870000000042

Bter has consistently been trading at high volumes recently, with a very volatile BTC/CNY market price. This is an opportunity for Nu to come in and save the day while risking very few funds (we can just do a few kNBT at a time, or less if you like) and directly increasing our reserves some. It is an opportunity for Nu to shine as a better trading vehicle than CNY.

masterOfDisaster · April 2, 2016, 4:19pm

I’ve combined all pending tx in FLOT US-NBT Operations (sell side).
All inputs are distinct and signing one of them doesn’t undermine signing another one.

Maybe it’s helpful to create a thread in which only the signing activity is handled while all discussions take place in different threads.
That would increase the overview and make it easier to prevent tx from getting lost.

Are you advocating putting Nu funds on the NBT/BTC pair at Bter?
huafei and me have NuBots there - one already approved by NSR holders, the other one can be activated by discretion of FLOT.

Nagalim · April 2, 2016, 4:26pm

Yah, sell side has been at 0 for a couple days now. Funds get gobbled up and we’re starting to develop high-offset ask walls. If we aren’t careful, people are going to start really trading on that pair when we don’t have support and we’ll start getting some tarnishes on our CMC history at say $1.04 or $1.05. Bter had more nbt volume than poloniex the other day.

Nagalim · April 2, 2016, 4:42pm

Or store it publicly on cointoolkit or something?

woodstockmerkle · April 2, 2016, 4:56pm

Signed 3 of 3-of-5

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

Broadcasted. TX ID 7f0b959363df3884b49d250876dbcb93b9ed67fdbf6c5b2c9bada17955ae64ff

CoinPayments Explorer

dysconnect · April 5, 2016, 1:14pm

The input seems okay and the deposit address is verified.

verified and signed 2 of 3 of 5 2k deposit to huafei’s gateway
@jooize @ttutdxh @woodstockmerkle

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

woodstockmerkle · April 5, 2016, 4:39pm

Signed 3 of 3-of-5

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

Broadcasted tx: 7c8cd5cee74439f182df03fb87acafe0df02b52c9624eea806e1449d583fa6a0

CoinPayments Explorer

dysconnect · April 6, 2016, 4:11pm

1000 NBT to nmei’s gateway

signed once. verify

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

Remember to check the relevant threads:

masterOfDisaster · April 6, 2016, 4:39pm

I have 2,000 NBT on my gateway since 2016-03-23.

0.07 NBT have been sold so far:

nud getliquiditydetails B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 200 | grep hitbtc | tail -n 1 | awk -F':' ...and some more stuff'
0.4.1_1458757219123_4f225b
        "1:NBTBTC:hitbtc:0.4.1_1458757219123_4f225b" : {
            "buy" : 0.0,
            "sell" : 500.0
--
        "2:NBTBTC:hitbtc:0.4.1_1458757219123_4f225b" : {
            "buy" : 0.07,
            "sell" : 1499.936

NuBot is running. I check it regularly:

16:35:21.197 [priceTriggerTask] INFO  - Price Updated. bitfinex:1 BTC = 422.99 USD [com.nubits.nubot.tasks.PriceMonitorTriggerTask:359]
16:35:36.668 [checkNud] INFO  - Executing class com.nubits.nubot.tasks.CheckNudTask [com.nubits.nubot.tasks.CheckNudTask:37]
16:35:58.290 [Strategy Secondary Task] INFO  - Sell-Wall size :  : 500.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:539]
16:35:58.300 [Strategy Secondary Task] INFO  - Buy-Wall size :  : 0.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:544]
16:36:06.668 [checkNud] INFO  - Executing class com.nubits.nubot.tasks.CheckNudTask [com.nubits.nubot.tasks.CheckNudTask:37]
16:36:36.668 [checkNud] INFO  - Executing class com.nubits.nubot.tasks.CheckNudTask [com.nubits.nubot.tasks.CheckNudTask:37]
16:36:39.707 [Strategy Secondary Task] INFO  - Sell-Wall size :  : 500.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:539]
16:36:39.718 [Strategy Secondary Task] INFO  - Buy-Wall size :  : 0.0 NBT [com.nubits.nubot.strategy.Secondary.StrategySecondaryPegUtils:544]
16:36:42.176 [checkOrders] WARN  - Liquidity info submitted:
        tier=1 buy=0.0 sell=500.0 identifier=1:NBTBTC:hitbtc:0.4.1_1458757219123_4f225b response=true
        tier=2 buy=0.07 sell=1499.936 identifier=2:NBTBTC:hitbtc:0.4.1_1458757219123_4f225b response=true [c.n.n.t.CheckOrdersTask:142]

Based on the trading volume I don’t see a reason for sending another 1,000 NBT there.
But I’m a fan of redundancy.
Is that redundancy currently worth 100 NBT per 60 days? If yes, I’d withdraw 1,000 NBT to FLOT to keep the exchange default risk the same as it is now.
I’d like to hear opinions from other FLOT members before I’m going to sign it.

cryptog · April 6, 2016, 4:46pm

I think we d rather replenish a bit the buy side though it is not necessary.

masterOfDisaster · April 6, 2016, 4:52pm

Putting money on the buy side as well provides an incentive for using NBT as BTC volatility hedge.
Do we really want to provide incentives for that?
Or do we want to offer NBT for sale for people who want to actually use them (for more than just hedging BTC volatility risk…)?
From the trading volume on hitBTC you can make a guess what NBT traders are after!

In fact NBT on sell side only supported exchanges still can still be used to hedge BTC volatility, but not as convenient as at dual side supported exchanges: the NBT must be sent to an exchange with a supported buy side,

dysconnect · April 7, 2016, 4:20pm

Well, given the current situation it isn’t urgent but nmei’s gateway has also starved for a while. The formal activation is going to be triggered by FLOT deposit so there’s no hurry, but seeing no discussion on e.g. the amount of funds to send I had to raise this before start.