Dollar amounts represent BTC in USD.
BTC = 2,188.01 USD
Tier 1–2
Bittrex: $62,016.33
Cryptopia: $2,561.47
Cryptopia: $41,559.84
Alcurex: $2,579.71
Tier 3 (Not in effect)
Tier 4
Liquidity Operations*: $670.82
* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
Tier 5
Refer to parked amounts for current utilisation.
Tier 6
Monthly liquidity of NuShares: $212,075
Total Tier 1–4
$109,388.17
Circulating US-NBT: 196,178.0170
Reserve percentage: (50 - 196,178.0170 / (2,000,000 / 25)) / 100 = 0.4755
Equilibrium reserve: 0.4755 * 196,178.0170 = 93,283
Current tier 1–4 reserve: 109,388
Minimum tier 1–4 reserve: 0.20 * 93,283 = 18,657
Daily move to equilibrium: 0.01 * (93,283 - 109,388) = -161.05
Equilibrium is Nu having $93,283 in tier 1–4 reserves. We have $109,388. Buybacks for the amount $161 per day will begin.
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.
Someone sold a lot of NBT… wonder if they sold just before the BTC dump? They’ll either be very happy or very sad!
Most NuBits returned from circulation before BTC lost several hundred dollars in value.
Blockheight: 1,429,762
Existing: 839,648.5873
Parked: 27,188.2567
Liquidity Operations*: 288,324.6812
Liquidity Operations**: 71,919.7400
Bittrex: 37,477.7724
Cryptopia: 109,133.3681
NuLagoon Tube: 27,421.8698
Nu-owned: 534,277.4315
Circulating: 278,182.8991
* BJLmVRdGFi4q7Zidwzr4CPPsLT6pozR31a
** B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
Existing: 2,000,000
Parked: 0
Liquidity Operations*: 2,000,000
Circulating: 0
* YhSEw9AGBJ3KtqLrxeQrcsTVk5u57pA88m
Blockheight: 1,429,762
Existing: 3,317,183,982
Liquidity Operations*: 35,866,650
Liquidity Operations**: 58,240,000
FLOT 1***: 64,344,685
FLOT 2****: 5,940,000
Cryptopia: 41,175,737
Alcurex: 58,198,438
Nu-owned: 263,765,511
Circulating: 3,053,418,471
* SiyWZ1WCedKRXLg7u8fmVkUtF3JRC9QATv
** SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
*** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
**** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn
Dollar amounts represent BTC in USD.
BTC = 2,488.05 USD
Tier 1–2
Bittrex: $146,765.48
Cryptopia: $269.05
Cryptopia: $49,536.59
Alcurex: $1,831.29
Tier 3 (Not in effect)
Tier 4
Liquidity Operations*: $762.81
* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
Tier 5
Refer to parked amounts for current utilisation.
Tier 6
Monthly liquidity of NuShares: $188,021
Total Tier 1–4
$199,165.23
Circulating US-NBT: 278,182.8991
Reserve percentage: (50 - 278,182.8991 / (2,000,000 / 25)) / 100 = 0.4652
Equilibrium reserve: 0.4652 * 278,182.8991 = 129,411
Current tier 1–4 reserve: 199,165
Minimum tier 1–4 reserve: 0.20 * 129,411 = 25,882
Daily move to equilibrium: 0.01 * (129,411 - 199,165) = -698
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.
True, we really need to be introduced to a decentralized exchange where coin de-listings are not possible or at least improbable, what is people’s opinion about https://nvo.io/?
NVO looks like an interesting idea, though like Bitsquare, unfortunately users will need to remain online while offers are put in, so you can’t just fill up an order book and leave. This may be possible once decentralised computing ability is added to the Safe network / accessed via another channel.
I hope the team can pull it off, as more innovation is needed in this area.
Blockheight: 1,438,888
Existing: 839,679.7410
Parked: 29,904.9963
Liquidity Operations*: 0.0000
Liquidity Operations**: 290,244.4112
Bittrex: 96,942.0862
Cryptopia: 50,365.4620
NuLagoon Tube: 27,421.8698
Nu-owned: 464,973.8291
Circulating: 344,800.9156
* BJLmVRdGFi4q7Zidwzr4CPPsLT6pozR31a
** B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
Existing: 2,000,000
Parked: 0
Liquidity Operations*: 2,000,000
Circulating: 0
* YhSEw9AGBJ3KtqLrxeQrcsTVk5u57pA88m
Blockheight: 1,438,888
Existing: 3,317,547,814
Liquidity Operations*: 0
Liquidity Operations**: 58,240,000
FLOT 1***: 64,344,685
FLOT 2****: 5,940,000
Cryptopia: 39,747,822
Alcurex: 62,454,064
Nu-owned: 230,726,571
Circulating: 3,086,821,242
* SiyWZ1WCedKRXLg7u8fmVkUtF3JRC9QATv
** SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
*** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
**** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn
Dollar amounts represent BTC in USD.
BTC = 2,846.94 USD
Tier 1–2
Bittrex: $130,358.34
Cryptopia: $3,761.65
Cryptopia: $55,335.19
Alcurex: $3,159.78
Tier 3 (Not in effect)
Tier 4
Liquidity Operations*: $105,325.93
* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
Tier 5
Refer to parked amounts for current utilisation.
Tier 6
Monthly liquidity of NuShares: $227,993
Total Tier 1–4
$297,940.90
Circulating US-NBT: 344,800.9156
Reserve percentage: (50 - 344,800.9156 / (2,000,000 / 25)) / 100 = 0.4569
Equilibrium reserve: 0.4569 * 344,800.9156 = 157,540
Current tier 1–4 reserve: 297,941
Minimum tier 1–4 reserve: 0.20 * 157,540 = 31,508
Daily move to equilibrium: 0.01 * (157,540 - 297,941) = -1,404
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.
I’m just curious to ask, what happens if we ever get de-listed from bittrex? Could it be the end?
Nu has survived many past problematic circumstances. We’re listed at Cryptopia in addition to Bittrex, and they’ve both been cooperative. The increases in trading volumes lately should make us attractive to keep around as one of the few stable digital currency projects, especially since our potential for even more is shown in history.
Yes I see that Nubits also is on cryptopia, however why is Nubits on cryptobia worth sometimes less than 1 USD, is there no buy walls there?
There are generally walls on Cryptopia but only a USNBT/BTC pair currently. Can I ask which pair you are looking at and how you determine the value of $1? We tend to look at “Coin market cap” to see the value of the US-NBT sold on the supported exchanges. Unfortunately it seems that the method CMC uses to determine the value of the trades is different to that presented in the various price feeds that NuBot uses (even those feeds provided by CMC themselves!). That can lead the price on exchange to differ to that shown in CMC. That said we do try to match prices with CMC as closely as possible.
Nu bot also suffers from occasional API connection issues which can prevent it from moving orders correctly. These are generally short lived though but could be another reason why the price seems to be out.
A third reason is that CMC uses the price of the last trade to calculate the value. If the BTC price alters but no trade is made, CMC will display a value that will be $1 even though that is the value that is available on exchange.
Yes, the reason was that I was looking at the coinmarketcap USNBT/UNO pair, not the USNBT/BTC pair, thank you for pointing that out. I remember that the market cap of Nubits used to be around $700,000, what happened to this figure, why is it only $197,929 now?
Blockheight: 1,450,093
Existing: 839,682.4488
Parked: 30,987.6494
Liquidity Operations*: 205,245.2312
Bittrex: 104,242.7734
Cryptopia: 100,286.2573
NuLagoon Tube: 27,421.8698
Nu-owned: 437,196.1317
Circulating: 371,498.6677
* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
Existing: 2,000,000
Parked: 0
Liquidity Operations*: 2,000,000
Circulating: 0
* YhSEw9AGBJ3KtqLrxeQrcsTVk5u57pA88m
Blockheight: 1,450,094
Existing: 3,317,994,990
Liquidity Operations*: 60,240,010
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Cryptopia: 53,526,645
Alcurex: 71,094,422
Nu-owned: 255,145,762
Circulating: 3,062,849,228
* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn
Dollar amounts represent BTC in USD.
BTC = 2,496.62 USD
Tier 1–2
Bittrex: $110,341.34
Cryptopia: $55.02
Cryptopia: $87,668.24
Alcurex: $1,863.71
Tier 3 (Not in effect)
Tier 4
Liquidity Operations*: $14,972.49
* 17owruzTRANDYwCq77bSABQLXBxx3QaCea
Tier 5
Refer to parked amounts for current utilisation.
Tier 6
Monthly liquidity of NuShares: $261,596
Total Tier 1–4
$214,900.81
Circulating US-NBT: 371,498.6677
Reserve percentage: (50 - 371,498.6677 / (2,000,000 / 25)) / 100 = 0.4536
Equilibrium reserve: 0.4536 * 371,498.6677 = 168,512
Current tier 1–4 reserve: 214,901
Minimum tier 1–4 reserve: 0.20 * 168,512 = 33,702
Daily move to equilibrium: 0.01 * (168,512 - 214,901) = -464
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.