I’ll await @NSRBuyback’s confirmation before I sign.
1 Like
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
I believe @cryptog meant 2 of 5 required signatures to transfer funds from the 5-of-8 multisig address.
1 Like
I ve edited my post.
I verified the transaction is 34.1 BTC with a fee of 0.00003 BTC. The designated addresses seem to be correct. I have signed and verified the transaction.
1 Like
If the fee for bitcoin changes rapidly, we may need to pay for priority because the signers will need time to sign.
Signed 5 of 5-of-8 by cryptog, Dhume, masterOfDisaster, disconnect, and maps and was broadcasted some time ago
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
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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 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)
2 Likes
Tks a lot for the calculation. I am fine with it. I will sign the tx.
1 Like
I thank @masterOfDisaster for producing the the details of the weekly buybacks the last two weeks. He has improved the readability of of them. However, the report of how many shareholder BTC I hold omits this post where I reported sending 25 BTC to the Poloniex gateway:
The number of shareholder BTC I hold is 417.7, exactly 25 less than @masterOfDisaster has reported above.
3 Likes
The buyback should be 31.4 btc then.
I will wait for the creation of a tx with the correct amount then unless i can create one in the mean time.
You can find it in your debug.log or in the blockexplorer e.g.: https://blockexplorer.nu/blocks/694455/1
1 Like