To calculate the NuBits in circulation, I will start with all 3,215,406 blockchain NuBits:
date
Sat Jan 9 22:00:41 UTC 2016
nud -unit=B getinfo | grep supply
"moneysupply" : 3215406.0074,
I don’t know how to determine the moneysupply at end of Friday UTC so I take the moneysupply from now.
The following are tier 4 funds that should be excluded:
BhCnQrYrA5LZm871dtMQEXeU93gmqbhdrC: 2,000,000
B5Zi5XJ1sgS6mWGu7bWJqGVnuXwiMXi7qj: 150,000
BFTnCyMX1nsTNp6X7Bcm1qVocvShdbwtMi: 103,104
BqyRzFtWXDmjxrYpyJD42MLE5xc8FrB4js: 179,027
Using this method I arrive at 767,084 NBT in circulation.
15% of that sets the reserved tier 4 buy side funds at $115,062.
The BTC/USD exchange rate as of the end of Friday UTC was $454.11 (at Bitfinex).
Tier 4 buy side funds controlled by FLOT consisted of 150.03 BTC (20 BTC were transfered to the Poloniex gateway later).
Tier 4 buy side funds controlled by @JordanLee consisted of 442.7 BTC.
Tier 4 buy side funds total 592.73 BTC (valued $269,164).
$115,062 excluded from the share buyback calculation equals 253.38 BTC.
592.73 - 253.38 = 339.35 BTC sits in the share buyback pool.
10% of this (33.9 BTC) will be used for share buyback next week.
That is equivalent to approximately $15,410.
This will be the 16th weekly share buyback.
It is my understanding that FLOT will provide @NSRBuyback with the 33.9 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
23.9 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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
Before the signing continues, we need consent from @NSRBuyback.
FLOT members, please check the transaction thoroughly before signing it
Cross-posting at FLOT BTC Operations (buy side)