Liquidity Operations

2016–12–03

BTC Poloniex @jooize → Poloniex Gateway @jooize

2016–12–04

BTC Poloniex @jooize → Poloniex Gateway @jooize

2016–12–05

BTC Poloniex @jooize → Poloniex Gateway @jooize

2016–12–06

BTC Poloniex @jooize → Bittrex Gateway @jooize
BTC Poloniex @jooize → Poloniex Gateway @jooize
US-NBT Bittrex Gateway @jooize@jooize
US-NBT Poloniex Gateway @jooize@jooize

Don’t get me wrong. I’m not trying to mock you.
But I seriously wonder what you want to report with these statements other than things have been moved from here to there.
There’s lack of numbers and in some cases accounts.

1 Like

I figured it signifies a Nu heartbeat. What do you mean by lack of accounts?

I wrote accounts, because that is a general term, but more specifically I meant addresses.
If you make tx on blockchain the movement of funds could be tracked, if blockchain addresses, tx IDs, amounts were provided.

Doesn’t serve that purpose.
There might be places where blockchain addresses related to those kind of transactions can be found.
Not listing the addresses together with the amounts (and preferably, but optionally the tx IDs) cloaks the activity, which serves only those who know what’s going on.
Does @Phoenix know more details about what you do (addresses, amounts, etc.)?

Accounting wise it’s not very useful and not much more than a heartbeat.

@Phoenix sets the policy and I work independently according to it. About my trading beyond what I write here he only knows policy and when I request more NuShares. The policy isn’t public with the rationale of avoiding disadvantaging Nu on the market. I hope we can work with a public policy in normal operations after recovery. Exchange logs will be published at a delay (not decided yet). All my Poloniex exchange logs up until 2016–10–27 are available at https://github.com/NuTrading. I failed to export from Bittrex.

I think all addresses I use on behalf of Nu are public, making BTC, NSR, and US-NBT movements in my Nu operations transparent except for those withdrawn from an exchange which you can not see until I publish logs unless it’s to a publicly identified address.

Trying to think of any transaction I’ve made from an exchange directly to an unidentified address. I now withdraw to Nu BTC @jooize for such transactions, but I may have not somewhere earlier. Checked logs. All withdrawals have been publicly accounted for. One payment was made from Nu Poloniex Gateway @jooize.

To somewhat verify the withdrawal logs, one could check whether the value withdrawn corresponds to approximate expected rates of traded deposits, but that seems like a lot of work.

Relevant


Hadn’t listed my US-NBT burn address and NuShare auction address there.

Nu Burn US-NBT @jooize

BAqV5y3mKoy8NbjP7aeBTE8AVTdUZLhbrX

Nu Blind Auction NSR Auctioneer @jooize

SWqGtyZvQoDVP8wV2HPMFcA5vK5pVBA3yh


The extra work of including amounts is something I’m trying to avoid.

2016–12–07

BTC Poloniex @jooizeBittrex Gateway @jooize
BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–08

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–09

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–10

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–11

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–12

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–13

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–14

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–15

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–16

BTC Poloniex @jooizePoloniex Gateway @jooize

2016–12–17

New policy applied.

I didn’t provide the latest money supply count yesterday, so @Phoenix hasn’t had time to do the latest calculation. I will use last week’s numbers for today (with today’s reserve numbers).

Circulation: 146,524.37
Reserve percentage: (50 - 146,524.37/80,000) / 100 = 0.4817
Equilibrium reserve: 0.4817 * 146,524.37 = 70,580.789029
Minimum reserve: 0.20 * 70,580.789029 = 14,116.1578058
Current Tier 1–4 reserve: 12716.7435 + 2475.2607 + 2372.88 = 17,564.8842
Move to equilibrium: 0.01 * (70,580.789029 - 17,564.8842) = 530.15904829

Minimum reserve is met.

530.1590 USD in BTC: 0.6703

NSR sold: 2792916.66666666
BTC acquired: 0.66862425

BTC Poloniex @jooizePoloniex Gateway @jooize

1 Like

2016–12–18

Minimum reserve is met.

533.1382 USD in BTC: 0.6767

NSR sold: 2819583.33333333
BTC acquired: 0.67500824

BTC Poloniex @jooizePoloniex Gateway @jooize