Are you aware that NuShares are up about 1200% since the beginning of the year?
NuShares haven’t missed the bull market, although they were pulled down a great deal in 2016 by the misconduct of several multisig signers.
NuShares have historically done well in Bitcoin bear markets, as Bitcoin owners seek refuge from losses in Bitcoin by converting to stable NuBits. Bitcoin bull markets tend to be short and Bitcoin bear markets tend to be long. We are currently in a mature Bitcoin bull market. No one can predict the future of NuShare pricing, but there is good reason to believe NuShares are in a better position to gain value than most cryptoassets.
As for B&C Exchange, shares remain mostly illiquid at the moment. Since several Nu multisig signers destroyed the B&C funding in June 2016 I have been saying that progress in B&C Exchange would need to wait until Nu was stabilized and growing well. That growth is now well underway with NuBit demand up around 800% and NuShares up around 1200% this year. I have spoken publicly about my support for granting B&C shareholders 237 million NuShares, currently valued at around $400,000. There are some implementation issues to work out, like who will take custody of those 237 million NSR. It won’t be me. I intend to propose a motion on the Nu blockchain that will authorize Liquidity Operations to fund a 237 million NSR transfer to BlockShare holders. BlockShare holders will need to determine who is to have custody of that. I will be recommending that we use a multisig team for Nu that is in the process of formation.
While NuShare volume is very thin and its price is quite volatile, we are quickly reaching a place where it makes sense to begin B&C development and marketing in earnest again. Specific plans for this are being discussed and I expect to say more about this soon.