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
Given the scale of money flowing into Nu during the massive crypto bull market, the opportunity that presented, and the very difficult situation Nu is now in, is there any thought on tweaking the liquidity model, particularly in keeping far higher reserves to build up resilience during the good times?
Also, is there any serious thought going into seeking additional revenue and Nubits demand generating activities (e.g. lending) that would ensure continued demand during tougher times?