FLOT US-NBT Operations (sell side)

[masterOfDisaster]

The sell side has funds. 20,000 were deposited. 3,000 are on order at a time:

I’m more concerned about the buy side. The buy side gateway can’t run simultaneously due to lack of RAM and I have no time to move it to another device…
Let’s hope that the buy side survives for some hours…

You can check the liquidity with

nud getliquidityinfo B | grep BETwD8nSjtj9ADSvej2na34xmsMYwPRymv -A 2
        "BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
            "buy" : 23579.79,
            "sell" : 10963.0

Remember that the buy side funds on the sell side gateway won’t be put on order! It’s a gateway. You can just check whether there are still sell side funds left (9,000 of the 20,000 that were deposited have already been traded)!
See you later - hopefully with an intact peg!

[Dhume]

Just as a reminder I’m not a member of the NBT group.

[jooize]

@masterOfDisaster: Replace Dhume with dysconnect in the original post.

[masterOfDisaster]

Done. That might unnecessarily have pinged dysconnect, but was for the greater good

Maybe these threads dealing with FLOT liquidity operations (NBT, BTC, NSR related etc.) should have an OP in wiki mode.
Can some admin do that, please?

[jooize]

Says in unison with self: the greater good.

Maybe these threads dealing with FLOT liquidity operations (NBT, BTC, NSR related etc.) should have an OP in wiki mode.

Can specific people be granted access only? Might not matter, but I’m curious and it might be useful for other situations.

[jooize]

Former sell-side gateway:

"BETwD8nSjtj9ADSvej2na34xmsMYwPRymv" : {
"buy" : 13430.43,
"sell" : 4183.0751
},

Former buy-side gateway:

"BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP" : {
"buy" : 12722.58,
"sell" : 1679.2886
},

Buy: 13430+12722=26152 USD (in Bitcoin)
Sell: 4183+1679=5862 US-NBT
Total: 26152+5862=32014 USD

I suggest we refill with 15,000 12,000 US-NBT split across both dual-side gateways.

• BJUQAhZxXfiiTbG6eeG11L3fcZ25bf2Bmw is the address to refill former NBT EXIT (sell side) gateway dual-side NuBot. Broadcasts liquidity as BETwD8nSjtj9ADSvej2na34xmsMYwPRymv.

• BNCaRW9ZjSLeGkwCfMb48izHy2tXLAVR2i is the address to refill the former NBT entry (buy side) gateway dual-side NuBot. Broadcasts liquidity as BFGMPykfKxXZ1otrCZcsbnTwJjKHPP9dsP.

4183+5000=9183
1679+7000=8679

Agree, verify and sign.

Fee is 0.03 US-NBT because the transaction is already almost 2 kilobyte.

@masterOfDisaster: How did I do?

[cryptog]

Looks reasonable to me but you specified 12k instead of the announced 15k.

[masterOfDisaster]

How did I do?

You did well from my point of view!
You investigated the situation and derived measures from it.
I’m glad you took the initiative. I’m only slightly worried about depositing more funds to the NuBot accounts, because it will be hard to withdraw all, before I’m gone for at least two weeks, but I still appreciate your efforts!

Looking at the overall liquidity, 15,000 NBT might be too much deposit for Poloniex, but then again the transaction deals with 12,000 NBT.
If there’s another FLOT member signing the 12,000 deposit, I will sign it as well - if nobody beats me to it.

[jooize]

@cryptog: Oops, I just realized that. I’ll create a new transaction tomorrow if this one isn’t signed by then, or someone else creates a correct one.

@masterOfDisaster: Hurray! Yes, I kinda felt it may be a little much as you had expressed not wanting that while you’re gone, but it seemed it had been at around 50k in USD for several reports in that other thread so I went with that.

Edit: I’ll leave it at 12,000 US-NBT, unless requested otherwise.

[masterOfDisaster]

I was foreseeing problems with a timely withdrawal of all funds, before I need to leave for some time. I applied for verification level 3 on Poloniex.
The request has been granted and I feel comfortable to have another deposit there.

I signed @jooize’s transaction to deposit 12,000 NBT.

010000003d22ad560638440ee584eca536f6ca3959e8799ed22d9a4dd76fabd7181a2a1a119f11fc7401000000fd410100483045022100cd0187306b9447c9f52e412082c82717c155257bc1d3c5191f238e65183c50f302204e8219b17fb3dbcc186273a4497725a2877413d4972e3988f2155b41e79f1cdc0147304402205c8e87089b7703062c243ff4fa1c185d04a88a2f9ba5aa4a9da98209c55577770220136263b4b529c2c6907164b5405fdd7d5d122c2cc2469a59539bdf1bf0ba2468014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffffac4bdaa835b8b87441c06a02903d7b3a16116ac1a522389585356d6a1ff02e5a01000000fd400100473044022022343eeec8bcc29e4db9b5044b29d59db52fadc9f037df044e5f7f628178bab00220573295ed47841cdb72e906091a4b7f4b997c908d47f4bebd4eafd36e83681c7f0147304402200082f33855b1273fd1a348fae6d1d497bf55198f950d40f0d0bfd02385d0146a02201f9a3301e1bc2922738e5357e9bf5351228ac6f058d0f814b085156acbddd540014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff20771e89758932db4e21e0a73d037ae7809ea9c275bc54446059576c785fff0f01000000fd41010047304402200f3d6fdff502382fd5e90c43e0ec9ca52a09ff359c176ba0e506d6a18804364d0220391fc257e43e1f5616f8c4c34e8268f4067daa72c5029bf884e0f42d02004f2901483045022100f7d4b6dda8d3aa712544b8f28a8a6ea974e024a9a33bb0d645fabb8e51c333f002202a21236ac8ecb8e3d7d617ded95ffcceb63b060ac9cba26b4c961e2d0466958b014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff7864d87b3d6fb5f276aabb1ee625c79214ae481e9b0e431cd7682b6641882f5f01000000fd410100483045022100e7fa0fac6dfa6feb1ebac3754f397bb95d95a4ad81df951bb755943f26d05383022011342db5fb87d38a8582e3a72356961d26b10ab9a700920b57a4d97644b193b801473044022037b0a614f11fe62c78d1157fd81e6d79dea9af6023958f964c7415eae7a9780302203bee53fefaf7824e62b115e87328a79fa2e8a282d69b6c24a98074b08d47b8b9014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffffb32629d9bbbfe545419b952b6fae5c5639bff31e915e040210fa77cd32ec7ced02000000fd410100473044022078c8d65697e1e6cdc573be4446928762845f574cade132bdd4db5d8387ec8dcc02202748d0c3fcfc1d6a3fcf734e81d7075a200369d1d0506089084a062328df9329014830450221009fef85a187a18dcc84104163af7abd41d37aee6b39ac918ccd029b30c505ad080220040871074b71d76fb1a00e306b817244498a91981f657069c9b356d54b6ff8eb014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffffc0a82a6ad8a8263860c721932dfbf79934a5dfb34506908d72d2993b7d333aab01000000fd420100483045022100d7686042fec5278ba6e91e299a9e827d9fc9e74a1d1d599f7c96642a7449c364022050af7b6d2c6dd70a096b7d9a5b68db1ab339439743cd7901f9efa6cdc3a0139301483045022100cfb2e4b561ec3e2a483d0ba4469322ef6d4cfbfeae953786b6f33511474a8b850220790634c8b0546c6e4581ab2e517edc4cf0739f40c8e63ea4a1c61d85f1fff871014cad5321034b0bd0f653d4ac0a2e9e81eb1863bb8e5743f6cb1ea40d845b939c225a1a80ff2102a144af74d018501f03d76ead130433335f969772792ec39ce389c8a2341552592103661a4370dfcfbcea25d1800057220f4572b6eecab95bb0670e8676a9e34451dc210234139729dd413c84a71a0bfd6f236790be861b37311cef3240277c940e4b0c072102547427fc2ea3a0ab9ef70f5e1640ff5112b113f65696948f992bd0770b94257155aeffffffff0380f0fa02000000001976a91499d1a9b4c9d31c3b68c7f14810ca71e666be752088ac801d2c04000000001976a914c2b412403ce1ed0576eb2318b3ce027bb5a06b0a88aca41bc8590000000017a914f35b24f264597d66ba8c366a5005824bb6a06138870000000042

[masterOfDisaster]

It’s time to get some funds to the Poloniex NuBots:

Current Liquidity

NuBits (NBT)$ 1.02 (0.82 %) These figures do not look too good… [image]

@dysconnect, @ttutdxh, @woodstockmerkle, anybody who agrees?

[dysconnect]

There’s much more NBT on sell side on Polo. The effective spread is still less than 1% due to a rather low sell wall. The quirks of independent price feeds (or in general distributed systems) dictate that slightly higher or lower prices on CMC can occur just by randomness.

[masterOfDisaster]

And to whom were funds from the NuBot accounts traded to, if not traders accepting the big offset of the NuBot orders?
You are aware that the current dual side NuBot operation scheme has a minimum offset of 0.9% to keep ALP clients in the first line?
And due to parametric order book it gets even more expensive from there if somebody wants to buy NuBot orders…
If you think the current NuBot sell side funds are sufficient, it’s ok.

[dysconnect]

verified and signed because your gateways aren’t balanced (though I kept getting mixed messages about whether you approve of holding more funds), but I do not think CMC is a good indicator of whether we’re keeping the peg, just that it can make and break our image.

[masterOfDisaster]

Thank you for supporting the sell side with your action!

The last message regarding receiving more funds was that I’ve upgraded my verification level.
Only after this request was processed by Poloniex I felt comfortable to sign the transaction myself.

I doubt the quality of CMC in regard to peg quality.
Customers will likely look there.

edit:
I just realized that the transaction wasn’t broadcast (checked the NuBot accounts and missed the funds).
Done

[masterOfDisaster]

@CoinGame, can you please make the OP wiki style?

[jooize]

Transaction to provide @zoro’s gateway (motion) with 5000 US-NBT.

Signed 1 of 3-of-5.

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

Agree, verify and sign.

[masterOfDisaster]

Signed 2 of 3-of-5

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

[dysconnect]

verified and signed and broadcast - txid 8feedb437f4b3f2265cdbef07bf6f832195e15bcf5545ea05a84788f023f3ff0

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

[Nagalim]

Withdraw: $6094.9290 NBT
BTC Price ~379$/BTC
approx. current reserves: $2500 NBT | $3836.04 BTC