NuShares are traded only at Poloniex at this moment. A priority is to expand its market so we’re not as reliant on one exchange. Liquidity Operations will begin placing walls of NSR and BTC at Cryptopia to initiate a market there.
The NuShare hit 47 satoshi today with 424 BTC volume.
Market Plan
- $10,000 total.
- $1,000 per satoshi.
- 2-satoshi spacing between walls.
- Poloniex as reference.
- Orders updated once a day, six days a week.
An important principle is that we aren’t trying to set the price, we are just following the market.
- Buy support at 15. → Place buy orders at 14, 13, 12, 11, 10.
- Sell pressure at 16. → Place sell orders at 17, 18, 19, 20, 21.
- Buy orders consumed at 14, 13. → Move highest sell orders down to 16, 15.
- Sell orders consumed at 17, 18. → Move lowest buy orders up to 15, 16.
