No more houses of cards and vision statements…
We need blueprints.
We need plans with risk vs rewards.
We need P&L projections for any venture undertook.
We didn’t have it before - blindly striking out. And that’s what got us here.
This is a “business.” Let’s start acting like it.
I can definitely envision a blue printed and highly successful strategy
I’m not stepping in here in any way, just watching and calling ppl out for their bs. Again, its a minor thing to achieve what you want, in the Nubot just get another float from the option parser and use it here to divide the prices:
Likewise, just hack another param into the pybot and divide the price here:
https://github.com/Nagalim/alp-collection/blob/master/python/utils.py#L231
But that ain’t solve your problems.
What good is a peg at any rate, if there’s no revenue with that the costs and debts can be countered?
Realize it: the peg is gone.
Use this opportunity.
You can make changes that would seem unthinkable with an intact peg!
You need to create reliable ways to generate revenue first.
Then you can try to figure out what peg can be afforded (at what level, how tight)
And for god’s sake, start with an accounting and get control over the financial situation!
That sounds like you are running after a shadow that’s called “liquidity engine”, although you don’t know how to fuel it.
Do you want to run a business or chase dreams?
What for?
Where’s the revenue from having any peg?
You need revenue, before you can have a peg that anyone believes in.
The motion re-establish the peg at $0.10 (a26f6661ced949166227019f0ee64afe98f7e6b0) already has 12% support among the last 100 blocks.
@Phoenix
I as a major LP before will not sign up to this insanity. This is how we dove off the deep end before.
Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein
We need a plan.
Thus far NBT/NSR debt equity swap is the only thing I will sign up to.
Wouldn’t the NSR sales (for NBT purchase) required by FLOT when the Standard is less than a certain threshold meet the definition of a debt/equity swap? That is a central part of my plan.
No. Because, no offense but NSR is no equity right now. There is no market - and we cannot build a future on a hope that there will be one.
Give us actual revenue first. Then we can talk about liquidity.
This multi-identity thing is really fascinating, I wonder how many JL alts there are around, I have several in suspicion. Speaking of which, how do prevent sybil attacks of those anonymous signers in B&C again?
Here is the deal: I modify both software packages for free, if you
Want this 10 cent Nubit? Tomorrow evening you have the software if above points are fulfilled by @JordanLee.
A 10 cent peg will destroy Nubits. Its literally like pouring gas on your burning house saying “well I can build it again” instead of salvaging the frame work.
Since the NuBit price is presently around 50 cents, why not re-set the peg at 50 cents?
“Why choose a low peg? We aren’t playing the market to our advantage by cutting the value short. Why don’t we wait and see where nbt stabilizes and work to support it there instead of cut its value by more than half to rush a pegged position immediately.” <-- Exactly, this was my point earlier.
@PoP who are you?
All I can tell is that Pop disagrees with Phoenix. This identity sleuthing had better not get more interesting than actually saving Nu. 
@ChrisS and @Chronos Im new here. Here is my OP w/ savior proposition 
: Burning Nubits via gambling, apps, and more
I enjoy saving projects. A contrarian investor if you will .
Can you elaborate your thoughts on this please?