Thank you for doing that.
The FLOT already has started creating the transactions to deposit funds at the @NSRBuyback Poloniex and Bter account.
1 Like
Signed 5 of 5-of-8
Sent. https://blockchain.info/tx/b6fe52563f62cf6c146cb14cd01d977f39cf3b0fab2cee30c3f98ab28e0da61d
5 Likes
Darn it I was excited to sign again. 
2 Likes
I don’t have time at the moment to perform all the calculations. However, all the information needed to do so is publicly available, with the possible exception of how many shareholder Bitcoins I have in my possession. Because I always publicly report any use of these funds for liquidity operations, technically this is publicly available, although not easily accessible. I have 442.7 shareholder BTC in my possession. I’m curious to see if someone is willing to take the initiative to perform the calculations using the template I have provided in this thread. If not, I will publish the full figures like normal within a half day.
1 Like
To calculate the NuBits in circulation, I will start with all 3,199,120 blockchain NuBits.
date
Sat Dec 26 19:15:23 UTC 2015
nud -unit=B getinfo | grep supply
"moneysupply" : 3199120.7393,The following are tier 4 funds that should be excluded:
BhCnQrYrA5LZm871dtMQEXeU93gmqbhdrC: 2,000,000
B5Zi5XJ1sgS6mWGu7bWJqGVnuXwiMXi7qj: 150,000
BFTnCyMX1nsTNp6X7Bcm1qVocvShdbwtMi: 118,105
BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js: 170,201
Using this method I arrive at 760,814 NBT in circulation.
15% of that sets the reserved tier 4 buy side funds at $114,122.
The BTC/USD exchange rate as of the end of Friday UTC was $456.63 (at Bitfinex).
Tier 4 buy side funds controlled by FLOT consisted of 183.09 BTC.
Tier 4 buy side funds controlled by @JordanLee consisted of 442.7 BTC.
Tier 4 buy side funds total 625.79 BTC (valued $285,755).
$114,1229 excluded from the share buyback calculation equals 249.92 BTC.
625.79 - 249.92 = 375.87 BTC sits in the share buyback pool.
10% of this (37.5 BTC) will be used for share buyback next week.
That is equivalent to approximately $17,123.
This will be the 14th weekly share buyback.
It is my understanding that FLOT will provide @NSRBuyback with the 37.5 BTC.
I ran out of time doing the calculation, but will initiate the transfer from FLOT to @NSRBuyback later if nobody beats me to it.
5 Likes
It would actually be a bit tricky to sign right now unless we scrap the current pending transaction to your exit gateway. I couldn’t get cointoolkit to remove the top-most input, so it might need to be used in both transactions, which can’t be done.
Assuming that
1PbsU6RsQjueUgtx2jC9oKaN62kXMjo8u5 is the @NSRBuyback deposit address at BTER and
128nNY1hpeiJkWGNPow5K48Acpaf8fpFYL the @NSRBuyback deposit address at Poloniex
I want to ask whether a transaction to transfer
27.5 BTC to 1PbsU6RsQjueUgtx2jC9oKaN62kXMjo8u5 and
10.0 BTC to 128nNY1hpeiJkWGNPow5K48Acpaf8fpFYL is expected by @NSRBuyback.
@NSRBuyback please confirm that this is according to your expectations
The transaction to transfer funds from FLOT to @NSRBuyback has been created and signed by me.
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 the signing continues, we need consent from @NSRBuyback.
FLOT members, please check the transaction thoroughly before signing it - it’s the first one I created!
2 Likes
I am seeing this
to be 20 BTC less. But I think @masterOfDisaster’s snapshot number should be used, assuming the difference is from continuous FLOT’s balancing operations.
I have signed it. Verify.
1 Like
Thank you for checking it thoroughly!
The 20 BTC were transferred roughly 8 hours ago from the FLOT address to my Poloniex buy side gateway to be traded for NBT.
The calculation used numbers from end of Friday, 2015-12-25 (UTC).
Yes, please initiate the transfer.
2 Likes
signed and broadcast (tx id: 8872087dc2c37e6c538bfb2424a32432eaf01bcd871855d807f194edc90ad7af)
2 Likes
To calculate the NuBits in circulation, I will start with all 3,199,215 blockchain NuBits:
date
Sat Jan 2 01:01:07 UTC 2016
nud -unit=B getinfo | grep supply
"moneysupply" : 3199215.5905,The following are tier 4 funds that should be excluded:
BhCnQrYrA5LZm871dtMQEXeU93gmqbhdrC: 2,000,000
B5Zi5XJ1sgS6mWGu7bWJqGVnuXwiMXi7qj: 150,000
BFTnCyMX1nsTNp6X7Bcm1qVocvShdbwtMi: 103,104
BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js: 189,027
Using this method I arrive at 757,084 NBT in circulation.
15% of that sets the reserved tier 4 buy side funds at $113,562.
The BTC/USD exchange rate as of the end of Friday UTC was $433.88 (at Bitfinex).
Tier 4 buy side funds controlled by FLOT consisted of 160.93 BTC.
Tier 4 buy side funds controlled by @JordanLee consisted of 442.7 BTC.
Tier 4 buy side funds total 603.63 BTC (valued $261,902).
$113,562 excluded from the share buyback calculation equals 261.73 BTC.
603.63 - 261.73 = 341.90 BTC sits in the share buyback pool.
10% of this (34.1 BTC) will be used for share buyback next week.
That is equivalent to approximately $14,795.
This will be the 15th weekly share buyback.
It is my understanding that FLOT will provide @NSRBuyback with the 34.1 BTC.
Assuming that
1PbsU6RsQjueUgtx2jC9oKaN62kXMjo8u5 is the @NSRBuyback deposit address at BTER and
128nNY1hpeiJkWGNPow5K48Acpaf8fpFYL the @NSRBuyback deposit address at Poloniex
I want to ask whether a transaction to transfer
24.1 BTC to 1PbsU6RsQjueUgtx2jC9oKaN62kXMjo8u5 and
10.0 BTC to 128nNY1hpeiJkWGNPow5K48Acpaf8fpFYL is expected by @NSRBuyback.
@NSRBuyback please confirm that this is according to your expectations
The transaction to transfer funds from FLOT to @NSRBuyback has been created and signed by me.
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 the signing continues, we need consent from @NSRBuyback.
FLOT members, please check the transaction thoroughly before signing it
5 Likes