Liquidity Operations

2018–02–27

Daily Move Toward Equilibrium:  23,162 USD
Amount of NuShares SOLD:  13,301,533.7259

2018–02–28

Daily Move Toward Equilibrium:  21,243 USD
Amount of NuShares SOLD:  19,355,884.3452

2018–03–05

Daily Move Toward Equilibrium:  5,550 USD
Amount of NuShares SOLD:  4,081,786.61723236

2018–03–06

Daily Move Toward Equilibrium:  7,180 USD
Amount of NuShares SOLD:  5,505,024.12

2018–03–07

Amount of NuShares SOLD: 10,165,221.32

Sell orders consumed.

0.31254664 BTC
1,953,416.5 NSR

1.39251680 BTC
8211804.82000000 NSR

2018–03–10

Amount of NuShares SOLD: 37,278,214.7734

1.99644
19431234.2

1.78112866
17846980.5734

2018–03–20

Amount of NuShares SOLD: 32,603,809.5658
BTC proceeds: 1.64521579

Sent to Bittrex.

0.03179984
318635.7494

0.42052643
8427383.3164

1.19288952
23857790.5

1 Like

1.64 btc liquidity on a 1k + volume is just a joke !! I think nubits can’t handle big volume and are in huge losses with there slow new automation sadly

2018–03–21

0.36627677
18350539.2936

0.03503858
1167952.82

0.52391328
26195664.0

0.63851196
31925598.3

What you think Jooize, you gonna throw in the towel and just say fuckit? Nubits was a good project, time to move on…

Not yet. There’s often some path forward if you manage to function in the surrounding negativity.

1 Like

Any update on this?

2018–03–22

15,000,000 NSR

15000000-4083333.33
0.12500

10,916,666.67-836249.0383
0.02503730

10,080,417.6317-4691151.9000
0.09363539

5,389,265.7317
0.10778531

0.351458 BTC

2018–03–23

0.5% of circulating NuShares: 0.005 * 3,083,850,000 = 15,419,250

15,419,250-1344330.5921
0.05366567

14,074,919.4079-3754705.90
0.15018

10,320,213.5079-1477302.1132
0.04423042

8,842,911.3947
0.26528734

https://twitter.com/OfficialNuBits/status/977022313836269568
https://twitter.com/OfficialNuBits/status/977362283780280321

2018–03–24

0.5% of circulating NuShares: 0.005 * 3,116,700,000 = 15,583,500

15,583,500-10886272.7
0.36208

4,697,227.3
0.09394454

2018–03–25

0.5% of circulating NuShares: 0.005 * 3,132,220,000 = 15,661,100

15,661,100-12602206.1
0.50408824

3,058,893.9-451490.9486
0.01351764

2,607,402.9514
0.07859258

2018–03–26

0.5% of circulating NuShares: 0.005 * 3,132,270,000 = 15,661,350

15,661,350-4510680.38
0.13629

11,150,669.62-2313203.1968
0.06925731

8,837,466.4232
2645.9374 USNBT

2018–03–27

0.5% of circulating NuShares: 0.005 * 3,124,001,886 = 15,620,009.43

15,620,009.43-7829200.2435
2344.0626 USNBT

7,790,809.1865
1555.0455 USNBT

Buy wall of NuShares are decreasing gradually and it seems really impossible to get Nubits peg back by just selling NuShares. Any plans other than just keep on selling NuShares?

I understand it seems hopeless, but we’ve backed almost the entire circulating supply via NuShare sales before. The buy walls for NuShares have in fact been increasing gradually and are higher than they’ve been for a long time.

We’re applying for listings on additional exchanges and pitching our liquidity model to investors.

1 Like