[Passed] Proposal to be LPC for 1M NSR bonus

[desrever]

For the heavy-scrollwheeled guys

B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy ; 1 NBT

[seki]

voting, done

[Yurizhai]

Same here. My apologies for taking so long.

[dongshan]

Dear Nu community,

Nubots v0.1.4 is released. In this version, Allcoin Exchange is supported.
Now I am fully ready, I am running a test account on Allcoin at the moment, as you can see here:
https://www.allcoin.com/trade/NBT_BTC

I will start my operation in production in 12 hours.

Thanks.

[dongshan]

LPC SERVICE REPORT:
My service started at 12:30 PM December 14, 2014 GMT
In the AllCoin NBT/BTC market: [https://www.allcoin.com/trade/NBT_BTC][1]

The balance is: BTC:56.69064208 NBT:8.82214200

You can see the LiquidityInfo here:
“B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy” : {
“buy” : 19913.00090000,
“sell” : 9.82210000
},
UPDATE: Because there is a problem of updating liquidityinf, I turned off the automate update and set it manually. I have contacted desrever, this problem may be solved tomorrow.
Thank you every one.
[1]: https://www.allcoin.com/trade/NBT_BTC

[dongshan]

LPC SERVICE REPORT 19/12/2004

Congratulations! The NBT market supported by me now has the biggest trading volume in Allcoin exchange!. The last 24 hour trading volume is 39,878.5539 NBT.

Current balance is: BTC:12.78346422 NBT:13,865.38702771

I am running v0.1.4a RC2. liquidityinfo is updated automatically now
"B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy" : {
“buy” : 4002.37450000,
“sell” : 13865.38700000
},

Due to the drop of BTC price. The size of my fund shrink over 2k dollars now.

[desrever]

n1!

[Yurizhai]

NuBits - bringing mad volume to even the smallest of exchanges

[cryptog]

@dongshan This is one of the risks of being a custodian.
Since the 1M NSR are worth 5k right now you are still in the black.
Hopefully those NSR will be much more worth in the future and BTC/USD will recover to the price of the date you started the operations.

[beachlurker]

I know this can’t be governed at the protocol level, but wouldn’t it be prudent for custodians to hedge their exposure to BTC by shorting a combination of futures contracts on Okcoin, Bitvc, and 796?

[dongshan]

LPC SERVICE REPORT 28/12/2004

Current balance is: BTC:11.88351114 NBT:14,164.86311531

Liquidityinfo is like:
“B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy” : {
“buy” : 3764.9936,
“sell” : 14164.8631
},

@beachlurker, what you mentioned is very useful. But my exposure to BTC is passively changing from time to time because of nubots’ auto trading. Its too costly to hedge manually.

hedge their exposure to BTC by shorting a combination of futures contracts on Okcoin, Bitvc, and 796

[dongshan]

HAPPY NEW YEAR. Can I predict that 2015 is a Nu year?.

LPC SERVICE REPORT 3/1/2015
Current balance is: BTC:11.85749235 NBT:14,166.13612702

Liquidityinfo is like:
“B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy” : {
“buy” : 3626.551,
“sell” : 14166.1361
},

[dongshan]

Dear Nu community,

My 30 days operation of LPC came to the end at 12:30 PM Jan 13, 2015 GMT. Thank you for giving me this opportunity to provide service for Nu.

Is my participation and contribution coming to the end too?
No. Exactly the opposite. I am planning and implementing some thing interesting and exciting. Some critical services for NuBits are coming soon.

Stay tuned.

dongshan

LPC SERVICE REPORT 13/1/2015
Current balance is: BTC:0.00330776 NBT:17,373.62679842

Liquidityinfo is like:
“B5VFcW5FKpyrPMKCQxApcmpnikfMP8sMZy” : {
“buy” : 0.0,
“sell” : 17373.6268
},

[desrever]

Do you plan to keep providing liquidity on AllCoin? Can I ask other custodians whether if wish to take your place?

[dongshan]

I just tried to withdraw my NBT from Allcoin, Unexpectedly, got a failure.

I sent an email to mark@allcoin.com to report the issue, and hope to hear the reply soon.

[dongshan]

Yes. other custodian can take my place. But I suggest he or she wait for Allcoin’s response on my fund withdraw issue.

[dongshan]

My fund withdraw on Allcoin went through a few hours ago.
Thank you, Mark; Thank you, everyone.

[CoinGame]

Thank you for your service to support the network.

[cryptog]

Tks @dongshan for your services.

Can you reveal how much you lost at current btc price?

[seki]

From what i can see he provided an equivalent of 20k NBT and at the end he got back 17300 NBT.
The rest should be the lost NBT but 1M NSR can cover much more