Supply, Reserves, and Equilibrium (superseded by automation)

jooize · November 15, 2017, 4:58am

Reserves 2017–11–14

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $6856.87
Bitcoin Cash (BCH) = $1,272.95
Ethereum (ETH) = $335.13
BlockShares (BKS) = $0.60

Cryptoasset reserve (tier 1–4)

Alcurex (BTC): $6,753
Bittrex (BTC): $84,701
Novaexchange (BTC): $7,811
SouthXchange (BTC): $10,494

Liquidity Operations* (BTC): $851,274
Liquidity Operations** (BCH): $108,880
Liquidity Operations*** (BKS): $2,718

Bittrex (ETH): $38,337
SouthXchange (USD): $3,928

Total: $1,114,897

* 1NuYH8dyDhFYkWfvJ6mcQZ8sPbtF5n1Hct
** 1HFc93BLYkMXURWhbDmNXg8zjurv6aqPrZ
*** 8MxJYq49Hc3TuLohvBv3M2AHp2K5zX4Luk, 8Ge1xPU3N9j1uzq25W2ZhwYWk3Z5GFJJhx, 8Vzn57iqce6PWLrPTRXFubd4goyq37ZRRr

Park Rates (tier 5)

Parked US NuBits: 120,563.7875 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $192,776

Source: https://coinmarketcap.com/currencies/volume/monthly/

jooize · November 15, 2017, 4:59am

Equilibrium 2017–11–14

Circulating US-NBT: 801,375.6891
Reserve percentage: (50 - 801,375.6891 / (2,000,000 / 25)) / 100 = 0.3998
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 801,375.6891 = 320,550
Current cryptoasset reserve (tier 1–4): 1,114,897
Minimum cryptoasset reserve (tier 1–4): 0.20 * 320,550 = 64,110
Daily move to equilibrium: 0.006 * (320,550 - 1,114,897) = -4,766

Equilibrium is having $320,550 in the cryptoasset reserve.
Currently, the cryptoasset reserve is valued at $1,114,897.
NuShare buybacks for the amount $4,766 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.

MaVo · November 15, 2017, 6:08am

Does it mean that someone sold you a single BKS? I hope you used escrow!

Nagalim · November 15, 2017, 1:06pm

That’s more like 4500 bks.

MaVo · November 15, 2017, 2:11pm

Lol I didn’t pay attention and checked the wrong line. You deserve that like from the Chiefbird! the last one you got from Jordan is probably quite long ago…

Phoenix · November 15, 2017, 2:22pm

There were a lot of things I liked about the very sophisticated and technical content @Nagalim has posted here in the past.

MaVo · November 15, 2017, 6:28pm

Too sad he stopped posting.

jooize · November 21, 2017, 4:39am

Supply 2017–11–20

US NuBits (USNBT)

Block height: 1,676,805

Existing: 4,345,256.8711
Parked: 128,563.7875

Liquidity Operations*: 1,038,368.1378
Liquidity Operations**: 2,000,000.0000
Bittrex: 89,402.1964
SouthXchange: 23,750.6124
NuLagoon Tube: 27,421.8698
Nu-owned: 3,178,942.8164

Circulating: 1,037,750.2672

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CNNBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,676,819

Existing: 3,319,002,661

Liquidity Operations*: 215,066,622
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 0
Novaexchange: 5,398,158
SouthXchange: 2,012
Quarantined: 119,424,095
Nu-owned: 410,175,572

Circulating: 2,908,827,089

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

jooize · November 21, 2017, 4:39am

Reserves 2017–11–20

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $7807.28
Bitcoin Cash (BCH) = $1,166.64
Ethereum (ETH) = $354.27
BlockShares (BKS) = $0.60

Cryptoasset reserve (tier 1–4)

Alcurex (BTC): $5,429
Bittrex (BTC): $99,406
Novaexchange (BTC): $1,866
SouthXchange (BTC): $23,723

Liquidity Operations* (BTC): $1,161,372
Liquidity Operations* (BCH): $99,787
Liquidity Operations** (BKS): $2,718

Bittrex (ETH): $35,209
SouthXchange (USD): $9,227

Total: $1,438,736

* 1NuYH8dyDhFYkWfvJ6mcQZ8sPbtF5n1Hct
** 1HFc93BLYkMXURWhbDmNXg8zjurv6aqPrZ
*** 8MxJYq49Hc3TuLohvBv3M2AHp2K5zX4Luk, 8Ge1xPU3N9j1uzq25W2ZhwYWk3Z5GFJJhx, 8Vzn57iqce6PWLrPTRXFubd4goyq37ZRRr

Park Rates (tier 5)

Parked US NuBits: 128,563.7875 US-NBT
Parked Chinese NuBits: 0.0000 CN-NBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $216,029

Source: https://coinmarketcap.com/currencies/volume/monthly/

jooize · November 21, 2017, 4:39am

Equilibrium 2017–11–20

Circulating US-NBT: 1,037,750.2672
Reserve percentage: (50 - 1,037,750.2672 / (2,000,000 / 25)) / 100 = 0.3703
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 1,037,750.2672 = 415,100
Current cryptoasset reserve (tier 1–4): 1,438,736
Minimum cryptoasset reserve (tier 1–4): 0.20 * 415,100 = 83,020
Daily move to equilibrium: 0.006 * (415,100 - 1,438,736) = -6,142

Equilibrium is having $415,100 in the cryptoasset reserve.
Currently, the cryptoasset reserve is valued at $1,438,736.
NuShare buybacks for the amount $6,142 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.

jooize · November 29, 2017, 8:55am

Supply 2017–11–28

US NuBits (USNBT)

Block height: 1,689,189

Existing: 4,345,251.7211
Parked: 132,389.7875

Liquidity Operations*: 487,080.3900
Liquidity Operations**: 2,000,000.0000
Bittrex: 100,048.7085
SouthXchange: 34,449.7671
SouthXchange: 10,232.0475
NuLagoon Tube: 27,421.8698
Nu-owned: 2,659,232.7829

Circulating: 1,553,629.1507

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CNNBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,689,191

Existing: 3,319,490,858

Liquidity Operations*: 201,139,465
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 18,286,492
Novaexchange: 5,398,158
SouthXchange: 7,677,920
SouthXchange: 6,863,223
Quarantined: 119,424,095
Nu-owned: 429,074,038

Circulating: 2,890,416,820

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

jooize · November 29, 2017, 8:55am

Reserves 2017–11–28

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $10,723.80
Bitcoin Cash (BCH) = $1,579.57
Ethereum (ETH) = $478.46
BlockShares (BKS) = $1.00

Cryptoasset reserve (tier 1–4)

Alcurex (BTC): $9,247
Bittrex (BTC): $96,975
Novaexchange (BTC): $2,563
SouthXchange (BTC): $23,129
SouthXchange (BTC): $10,910

Liquidity Operations* (BTC): $2,201,852
Liquidity Operations* (BCH): $135,106
Liquidity Operations** (BKS): $4,529

Bittrex (ETH): $53,344
SouthXchange (USD): $9,240

Total: $2,546,895

* 1NuYH8dyDhFYkWfvJ6mcQZ8sPbtF5n1Hct
** 1HFc93BLYkMXURWhbDmNXg8zjurv6aqPrZ
*** 8MxJYq49Hc3TuLohvBv3M2AHp2K5zX4Luk, 8Ge1xPU3N9j1uzq25W2ZhwYWk3Z5GFJJhx, 8Vzn57iqce6PWLrPTRXFubd4goyq37ZRRr

Park Rates (tier 5)

Parked US NuBits: 132,389.7875 USNBT
Parked Chinese NuBits: 0.0000 CNNBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $216,555

Source: https://coinmarketcap.com/currencies/volume/monthly/

jooize · November 29, 2017, 8:56am

Equilibrium 2017–11–28

Circulating USNBT: 1,553,629.1507
Reserve percentage: (50 - 1,553,629.1507 / (2,000,000 / 25)) / 100 = 0.3058
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 1,553,629.1507 = 621,452
Current cryptoasset reserve (tier 1–4): 2,546,895
Minimum cryptoasset reserve (tier 1–4): 0.20 * 621,452 = 124,290
Daily move to equilibrium: 0.007 * (621,452 - 2,546,895) = -13,478

Equilibrium is having $621,452 in the cryptoasset reserve.
Currently, the cryptoasset reserve is valued at $2,546,895.
NuShare buybacks for the amount $13,478 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.

jooize · December 5, 2017, 10:43am

Supply 2017–12–04

US NuBits (USNBT)

Block height: 1,697,844

Existing: 4,347,326.8914
Parked: 211,779.7875

Liquidity Operations*: 1,309,999.9400
Liquidity Operations**: 0.0000
Bittrex: 207,745.1493
SouthXchange: 46,818.2441
SouthXchange: 10,069.9055
NuLagoon Tube: 27,421.8698
Nu-owned: 1,602,055.1087

Circulating: 2,533,491.9952

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV
** BA82T18qnhtmAmJG3U5rcmzvqdUJ6YTd3d

Chinese NuBits (CNNBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,697,854

Existing: 3,319,837,137

Liquidity Operations*: 205,020,490
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 42,174,936
Novaexchange: 5,537,087
SouthXchange: 1,038,400
SouthXchange: 6,920,400
SouthXchange: 6,893,800
Quarantined: 119,424,095
Nu-owned: 457,293,893

Circulating: 2,862,543,244

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

jooize · December 5, 2017, 10:43am

Reserves 2017–12–04

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $11,907.40
Bitcoin Cash (BCH) = $1,597.04
Ethereum (ETH) = $471.15
BlockShares (BKS) = $1.00

Cryptoasset reserve (tier 1–4)

Alcurex (BTC): $7,488
Bittrex (BTC): $182,453
Novaexchange (BTC): $0
SouthXchange (BTC): $30,701
SouthXchange (BTC): $15,036

Liquidity Operations* (BTC): $3,368,213
Liquidity Operations* (BCH): $136,600
Liquidity Operations** (BKS): $4,529

Bittrex (ETH): $35,988
SouthXchange (ETH): $29,189
SouthXchange (USD): $9,226

Total: $3,819,423

* 1NuYH8dyDhFYkWfvJ6mcQZ8sPbtF5n1Hct
** 1HFc93BLYkMXURWhbDmNXg8zjurv6aqPrZ
*** 8MxJYq49Hc3TuLohvBv3M2AHp2K5zX4Luk, 8Ge1xPU3N9j1uzq25W2ZhwYWk3Z5GFJJhx, 8Vzn57iqce6PWLrPTRXFubd4goyq37ZRRr

Park Rates (tier 5)

Parked US NuBits: 211,779.7875 USNBT
Parked Chinese NuBits: 0.0000 CNNBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $310,097 + SouthXchange

Source: https://coinmarketcap.com/currencies/volume/monthly/

jooize · December 5, 2017, 10:44am

Equilibrium 2017–12–04

Circulating USNBT: 2,533,491.9952
Reserve percentage: (50 - 2,533,491.9952 / (2,000,000 / 25)) / 100 = 0.1833
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 2,533,491.9952 = 1,013,397
Current cryptoasset reserve (tier 1–4): 3,819,423
Minimum cryptoasset reserve (tier 1–4): 0.20 * 1,013,397 = 202,679
Daily move to equilibrium: 0.007 * (1,013,397 - 3,819,423) = -19,642

Equilibrium is having $1,013,397 in the cryptoasset reserve.
Currently, the cryptoasset reserve is valued at $3,819,423.
NuShare buybacks for the amount $19,642 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.

jooize · December 15, 2017, 8:54pm

Supply 2017–12–15

US NuBits (USNBT)

Block height: 1,712,681

Existing: 4,347,330.0620
Parked: 215,294.7875

Liquidity Operations*: 538,999.9400
Bittrex: 306,698.6200
SouthXchange: 85,268.0717
SouthXchange: 10,829.9422
NuLagoon Tube: 27,421.8698
Nu-owned: 969,218.4437

Circulating: 3,162,816.8308

* B71AkDjzm4S24KoXGoq6W3hynexAyNb9FV

Chinese NuBits (CNNBT)

Existing: 1,999,999.0000
Parked: 0.0000

Liquidity Operations*: 1,999,999.0000

Circulating: 0.0000

* Yh4LvkkQQSEjQfPmqEYB6PkL2SqmC1W43E

NuShares (NSR)

Block height: 1,712,685

Existing: 3,248,101,073

Liquidity Operations*: 200,000,000
FLOT 1**: 64,344,685
FLOT 2***: 5,940,000
Alcurex: 0
Novaexchange: 5,537,087
SouthXchange: 15,012,300
SouthXchange: 7,125,600
SouthXchange: 6,829,473
Quarantined: 119,424,095
Nu-owned: 424,213,241

Circulating: 2,823,887,833

* SaaP8P3TH8HU27MBkhH6j8EhQ9AvAEY27J
** SvtGbNjWE49pTM2TiUZrYKSNkxTJx75mmC
*** Snvrc5q82wfe2NjEjaQAyStpPKseWrsNqn

jooize · December 15, 2017, 8:55pm

Reserves 2017–12–15

Dollar amounts represent assets’ value in USD.

Asset values

Bitcoin (BTC) = $17,920.50
Bitcoin Cash (BCH) = $1,747.80
Ethereum (ETH) = $688.93
BlockShares (BKS) = $1.00
Monero (XMR) = $315.05
Zcash (ZEC) = $466.30

Cryptoasset reserve (tier 1–4)

Alcurex (BTC): $42,396
Bittrex (BTC): $374,914
Novaexchange (BTC): $6,272
SouthXchange (BTC): $55,670
SouthXchange (BTC): $21,541

Liquidity Operations* (BTC): $4,874,149
Liquidity Operations* (BCH): $149,495
Liquidity Operations** (BKS): $4,529

Bittrex (ETH): $148,547
Bittrex (XMR): $101,028
Bittrex (ZEC): $126,282
SouthXchange (ETH): $42,627
SouthXchange (USD): $8,108

Total: $5,955,560

* 1NuYH8dyDhFYkWfvJ6mcQZ8sPbtF5n1Hct
** 1HFc93BLYkMXURWhbDmNXg8zjurv6aqPrZ
*** 8MxJYq49Hc3TuLohvBv3M2AHp2K5zX4Luk, 8Ge1xPU3N9j1uzq25W2ZhwYWk3Z5GFJJhx, 8Vzn57iqce6PWLrPTRXFubd4goyq37ZRRr

Park Rates (tier 5)

Parked US NuBits: 215,294.7875 USNBT
Parked Chinese NuBits: 0.0000 CNNBT

Backbone reserve (tier 6)

Monthly liquidity of NuShares: $471,414

Source: https://coinmarketcap.com/currencies/volume/monthly/

jooize · December 15, 2017, 8:55pm

Equilibrium 2017–12–15

Circulating USNBT: 3,162,816.8308
Reserve percentage: (50 - 3,162,816.8308 / (2,000,000 / 25)) / 100 = 0.1046
Temporary minimum reserve percentage: 0.40 (40%)
Equilibrium reserve: 0.40 * 3,162,816.8308 = 1,265,127
Current cryptoasset reserve (tier 1–4): 5,955,560
Minimum cryptoasset reserve (tier 1–4): 0.20 * 1,265,127 = 253,025
Daily move to equilibrium: 0.007 * (1,265,127 - 5,955,560) = -32,833

Equilibrium is having $1,265,127 in the cryptoasset reserve.
Currently, the cryptoasset reserve is valued at $5,955,560.
NuShare buybacks for the amount $32,833 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.

Nagalim · December 18, 2017, 9:34am

In september, this number changed to 0.006, then to 0.007 at the end of last month. Is there a strategy at play here, or is it chosen by feeling?