FLOT US-NBT Operations (sell side)

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.

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Or store it publicly on cointoolkit or something?

Signed 3 of 3-of-5

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

Broadcasted. TX ID 7f0b959363df3884b49d250876dbcb93b9ed67fdbf6c5b2c9bada17955ae64ff

CoinPayments Explorer

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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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
1 Like

Signed 3 of 3-of-5

01000000f41dfd5601eb0b8cff8510e8cf4f1bedfc3d3180e0815c0a3680d0015ec98275f495608d8001000000fd890100483045022100c6a9eac8f6b31d764a57949a61df2d746b7869a047ddeb0834f2bfbd1498e742022024c0b78aad3dd1e3c58fe82fa633995922e9d288a3490857890761e5d60118df014730440220492aa83b91089e974aa9a0cd10391558ac9dba24c813953c8061ff62aba8fd650220175c159a1ae75ce8f8c70bacec2575402f9a63a61a59f77a68a2d20c11d975e401473044022028915c64bde7ce688fdebb76a599ff13af2a4063b023e564bddeae5c8cfae62f02200bb62bf3a74360b25780aa97b3263b5cd552d285d169b88a8e911fe5509a2176014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff02002d3101000000001976a9145ed8be272ee94003a69f2efe25f0e0cedba12b6e88ac9872b5030000000017a914f35b24f264597d66ba8c366a5005824bb6a06138870000000042

Broadcasted tx: 7c8cd5cee74439f182df03fb87acafe0df02b52c9624eea806e1449d583fa6a0

CoinPayments Explorer

1000 NBT to nmei’s gateway

signed once. verify

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

Remember to check the relevant threads:

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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.

1 Like

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

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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,

2 Likes

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.

1 Like

…you could have started a discussion without creating a tx…
Just sayin’ :wink:

Like this ?

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Right, but then @nmei put the operation on hold, because of absence and I took the liberty to step in with an offer that was accepted.
So currently there’s sell side liquidity at hitBTC:

Which leaves the question:

10,000 NBT from my Poloniex gateway account to FLOT multisig address BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js; tx ID 5cf7ccc3f856a4ccf786c1ad1bb95fddd79131c66bf37194944f21486a7b5809

8,354 NBT wait for the reset of the withdrawal limit to be withdrawn.

2 Likes

I’ve created a transaction to exchange 7000 NBT with NuLagoon

verify

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

Rationale: after sending FLOT funds to gateways, the liquidity will be more imbalanced towards the buy side

@masterofdisaster
@woodstockmerkle
@ttutdxh
@jooize

I’ll sign later when there is some form of agreement among FLOT

##1) A recent deposit to the FLOT NBT address

##2) Rationale for signing this tx
@zoro’s gateway has an empty buy side while a 13.2 BTC deposit (approx 6,000 NBT value) is withheld.
This tx helps moving BTC from NuLagoon to @zoro’s gateway without creating imbalance in the sides.
After this tx went through there’s little reason in the field of balancing that can stop from depositing 13.2 BTC to @zoro’s gateway.

7,000 NBT to NLT; verified and signed 1 of 3/5

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

I’ll sign the other one when this goes through

verified and signed 2-3-5:

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
1 Like

7,000 US-NBT to NLT

Signed 3 of 3-of-5

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

Txid: 6faad7bb11a5c6a307df2d2c0615c32854aa6266a835d15354e7eec6cc757a7e

1 Like

Exchanged BTC arrived; tx id fc0a7c99af371dae4e0ec2560197885ee4e6bcf9fcec0aae8e8f7a1c07d73aa0

New balance of 3HikFkS2Zinab1TJq7dqp6wSPyLu7i7bhe: 58 BTC

@dysconnect, it went through :wink:

3 Likes

only have 455NBT at my bter sell side.

please consider to balance the account to deposit address

BD6anJNUEvWuPEL7YWdid8dD3rar9C69Je

2 Likes