Wall Observer - NuShares price movement tracking & discussion

[cryptog]

Just an speculation i admit. 5k trade volume around 0.0005 usd.

[willy]

wwwooooooooooh!

[DavidMc0]

Crazy price movement on NSR, especially while there’s a blind auction going on for 7m coins.

Does someone know something we don’t, or is this just another crazy crypto happening?

Hope NU can benefit from this spike to get some fuel into the engine to restore the peg, which has improved significantly up to $0.6327 for now.

[Sabreiib]

Those BTC from NSR buyback are coming back.

[crypto_coiner]

restore the peg, which has improved significantly up to $0.6327 for now.

The peg is still not restored and Nu in a catastrophic status, whether NBT goes up to 10USD or down to 0.10USD

[mhps]

Those BTC from NSR buyback are coming back.

Don’t know. I guess most are trading bots that smell blood. NBT and NSR markets are so small it only takes a small whale…

[MaVo]

yep, pure magic happening. No manipulation, thanks god (or @Phoenix)!

[backpacker]

I just hope those shares will vote in diverse ways

[jooize]

NuShares (NSR) price, charts, market cap, and other metrics | CoinMarketCap

[DavidMc0]

The peg is still not restored and Nu in a catastrophic status, whether NBT goes up to 10USD or down to 0.10USD

Indeed, but if the value of NSR stayed high for whatever reason, sales of NSR could provide enough liquidity to run NuBots and maintain the peg at $1 on exchanges, especially if there were a good level of demand for NBT.

I know this is incredibly unlikely - without significant re-thinking and re-designing of the model, people shouldn’t & probably won’t trust Nu to hold a peg, but I can dream

[mhps]

I just hope those shares will vote in diverse ways

@Phoenix’s motions will get a boost in support when there is a pump in NSR market which draws minting shares to the exchanges. Not surprised if they are not part of the plan.

[cryptog]

I think it s a new record:

$ 100,495 trade volume

[crypto_coiner]

$ 100,495 trade volume

impressive – due to?

[Cybnate]

impressive – due to?

Someone trying to make NSR an attractive liquid asset to buy…
Just my bet.

[irritant]

finally some good news

[Cybnate]

Interesting development, let’s see it can be sustained over the weekend. There will be a few sellers I suspect.

[Cybnate]

NBT going close to $0.99 on coinmarketcap. Can it stay there?

[huafei]

maybe not，still have less buy side

[Financisto]

When I first saw all those NSR (>$500k) and NBT (>$30k) liquidity I thought It was related to the B&C development fund being used.

But as we can see it’s still untouched here: https://blockexplorer.nu/address/BJLmVRdGFi4q7Zidwzr4CPPsLT6pozR31a/1/newest

So it seems someone (or a team) is stepping in first so see what happens next…

This is gonna be interesting to watch!

[Cybnate]

That was an interesting ride. NBT peg is holding for now. NSR volume in last 24h is phenomenal (600k+), a record.
Someone must have put in a lot of money and effort to prepare this and…

But as we can see it’s still untouched here: https://blockexplorer.nu/address/BJLmVRdGFi4q7Zidwzr4CPPsLT6pozR31a/1/newest

There are almost 300m NSR on Poloniex.