Discontinued, see NuBits.com/exchanges.
Trade NuShares via our manual order book.
Minimum order amount is 0.1 BTC.
Orders must be in steps of 0.1 BTC, e.g. 0.2, 0.6, 1.3, ….
Maximum number of orders may be enforced by my discretion. 4–10?
Orders will be filled in order of price, volume, date. Larger goes first.
New: When an order is filled, the remainder will remain on the order book in multiples of 0.1 BTC, but anything less than 0.1 BTC is cancelled.
New: Orders require deposit to escrow in order to avoid communication overhead when processing orders. You may at any time cancel your orders.
Identities will be kept confidential.
Place orders on manual exchange
Send a Bitmessage with:
NuShare Exchange Order
Withdrawal NSR: SaaP8P…
Withdrawal BTC: B71AkD…
0.7 BTC at 25 satoshi
0.2 BTC at 27 satoshi
0.4 BTC at 32 satoshi
Timestamp (optional): 2017-08-27 20:45 UTC
Timestamp ensures your place in the queue if I’m offline when two traders place an order. I will only use timestamp under those circumstances.
You may specify these conditions for what to do with proceeds:
Withdraw order proceeds (default).
Place BTC proceeds on new BUY order at 21.
Place NSR proceeds on new SELL order at 35.
Receive preliminary confirmation with your personal escrow addresses if you’re new.
Send NSR or BTC to your escrow address.
Receive order confirmation.
When your order is filled, you will receive the amount at your withdrawal address unless you specified a new order for your proceeds.
13 posts were split to a new topic:
Motion for manual exchange?
Updated the procedure for manual exchange trading. I believe it will turn out to be quite efficient.
Try it out and trade NuShares!
3 posts were merged into an existing topic:
Motion for manual exchange?
Split up the discussion about the questions whether a motion is required:
I think this deserves a motion instead of a dictate. I would much rather spend perhaps a day or so worth of the buybacks to get NSR listed on an exchange.
Rather than posting screen shots occasionally, might it be easier to do this as a Google sheet that can be published as read only so that people can see updates close to real time?
It’s a good initiative given the poor situation with exchanges - hope more people start using it so that there is sufficient liquidity.
Because of how I’ve structured it, keeping track of identities would become more error prone. I’m sure there’s a way. This is what I came up with spending the time I considered appropriate. If someone shows a practical example of how I could run the manual exchange better without much overhead, I’ll try to employ that technique.
I too hope we see more participants.
Alcurex is partially back up, thankfully. Deposits are online, but withdrawals seem not to process. We perform buybacks at the lowest available price.
Why not try to list on China’s exchanges
They have a good purchasing power
it would make a lot more sense to use Bisq for this “manual exchange” in true decentralized manner.
hm… but it would make front-running harder, wouldn’t it? Not sure if that’s the right way to go then.
I think you focus on the wrong part, There’s for sure some money to be had from front-running.
But the most money is to be made by the guys that had lots of NSR, filled the asset store with BTC buying NBT, who then dump the NSR in the NSR buybacks and dump the NBT as long as there’s enough BTC left leaving Nu with an empty reserve and another cycle of urgent NSR sale at insanely cheap rates.
I know, I sound boring. Nu already had that.
But apparently not enough of it.
Please show an example of how the procedure for an order book using Bisq would look.
There is more liquidity on Alcurex than in your escrow OTC exchange. What is the rationale for even having this manual option anymore?
Withdrawals of NSR at Alcurex are still not enabled. This means NSR at the Alcurex market remain temporarily isolated. The manual exchange should continue until that changes.