NSR Buyback #13 - Week of December 21, 2015

This account will be conducting NSR buybacks in accordance with this motion. Each buyback week a new thread will be created for shareholders to monitor. At the conclusion of the week the final results will be posted here along with a confirmation link showing the NSR burn. The thread will then be locked.

The only goal of this account is to purchase as many NSR as possible each buyback week to be destroyed using the funds provided by shareholders. A successful NSR burn will result in all shareholders attaining a larger equity percentage of the Nu network than they held before the NSR burn.

If you would like to sell us your personal NSR for less than 70% of the market price each week, send a bitmessage to BM-2cVFzzfWwKkdxLmgZwhSFfGmKwqDrddDfv to negotiate a deal.

Most Recent Ten Buybacks:

Buyback #3: Week of October 12, 2015
Buyback #4: Week of October 19, 2015
Buyback #5: Week of October 26, 2015
Buyback #6: Week of November 2, 2015
Buyback #7: Week of November 9, 2015
Buyback #8: Week of November 16, 2015
Buyback #9: Week of November 23, 2015
Buyback #10: Week of November 30, 2015
Buyback #11: Week of December 7, 2015
Buyback #12: Week of December 14, 2015

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Monday, December 21, 2015

Beginning amount of buyback funds: 39 BTC (10 BTC on Poloniex, 29 BTC on BTER)

Market price: 0.00001001 BTC

Buyback price: 0.00000700 BTC (70% of market price)

Exchanges: Poloniex & BTER

Buy walls are set.

4 Likes

Tuesday, December 22, 2015

Beginning amount of buyback funds: 39 BTC (10 BTC on Poloniex, 29 BTC on BTER)

Market price: 0.00001018 BTC

Buyback price: 0.00000814 BTC (80% of market price)

Exchanges: Poloniex & BTER

Buy walls are set.

2 Likes

Wednesday, December 23, 2015

Beginning amount of buyback funds: 39 BTC (10 BTC on Poloniex, 29 BTC on BTER)

Market price: 0.00001002 BTC

Buyback price: 0.00000902 BTC (90% of market price)

Exchanges: Poloniex & BTER

Buy walls are set.

Thursday, December 24, 2015

Beginning amount of buyback funds: 1.985 BTC (BTER)

NSR Repurchased: 4,095,429 NSR

Market price: 0.0000988 BTC

Buyback price: 0.00000988 BTC (100% of market price)

Exchanges: BTER

Buy walls are set.

1 Like

Shares Supply ~ 841,150,660

OMG :rage:

20m are controlled by FLOT. They are frozen.

EDIT: Not 20 but 25m.

They come from [Passed] First deposit to FLOT NSR address

Those 25m are frozen and would be used only to protect the peg at the last resort.
Therefore they are not minting and they would be never used put into sales unless under extreme emergency in case Nushareholders need to tap into Tier6.

2 Likes

NSR Buyback #13 is complete. 4,295,948 NSR were burned.

Debit: 0.00 NSR
Credit: 0.00 NSR
Transaction fee: -4295948.00 NSR
Net amount: -4295948.00 NSR
Transaction ID: ece89425b865bd89662d34ab8a8a0eaa191573de42a091093623131752c6b61f

We have burned 30,890,668 NSR since buybacks began. The current circulating supply is 812,004,549 NSR, not counting FLOT funds. This week’s buyback was completed on Thursday at 100% of market price.

The BTC fund amount for NSR Buyback #14 next week will be announced when it is available.

Shareholders should consider electing a new executor if they would like share buybacks to continue past January 18, 2016.

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