Wall Observer - NuShares price movement tracking & discussion


#326

lol!


#327

Is there a specific place to discuss off-exchanges trades? – I am interested.


#328

Congrats! – thanks for sharing your situation. I am interested in knowing more how an early shareholder is financing his funds.
How much of your salary are you putting into Nu?


#329

Listen to this guy. He chose to buy load of Peercoins with his last quarters when no one cared what Peercoin was about and the price was dirt cheap.


#330

I’m about 90% sure that’s a picture of @desrever working on NuBot.


#331

I don’t think so. On-exchange trading is better for the visibility of Nu, but I can see why some shareholders prefer acquiring large amounts off-exchange given the low liquidity right now.


#332

great, a silent group of shareholders that wants to buy my shares? im willing to sell mine
pm me for offers


#333

I did not realize but these are rich shareholders purchasing 1 additional dozen of millions NSR, investing around 20kUSD right?


#334

which is which potential value?


#335

What do you expect the response to that to be? A number?

NSR was distributed at the current prices. The question is whether the total liability that has been generated in NBT is greater than or less than the total value of a year of keeping the best peg in the crypto world, in addition to several important institutional and infrastructural upgrades.

The real question is why we are not doing public, decentralized, verifiable auctions with these quiet groups of investors instead of behind the scenes escrow deals. Not that private escrow is bad, it’s just that it’s a little amateur compared to a seeded auction where shareholders are able to directly participate with NSR or NBT burns.


#336

The NSR buyback hasn’t begun, because the motion hasn’t passed (search for “7b4955e91781e0e32f1e0c0c974fd4a7a9f972a3”).

Still the order book at bter looks like this:

With this trade history:

and a daily volume of approximately 6 BTC!


#337

The buy back motion signaling ppl to buy?


#338

Coinmarketcap data shows some nsr performance that outperform the rest:
$ 1,819,610 $ 0.002172 837,564,893 NSR * $ 582 +17.26 % !!!


#339

It was $.0023 when polo hit 10 microbtc.


#340

NuShares currently $0.001682. You’d think people would be buying in anticipation of the buybacks.


#341

There’s barely 1 BTC of sell orders (on polo, bter and cryptsy put together) below 10 microBTC, and half of it is my sell order at 9.5 microbtc on polo. So lol at anyone selling their NSR for 8 microBTC (or less!) and good riddance.


#342

I can’t believe someone actually sold down to the buyback wall at 5.44 microbtc. Small volume, but surprising none the less.


#343

Yes, very small volume.
If that would have been a serious sale (with volume), the seller might have chosen bter, where the buy side of the order books currently looks like this:


#344

The spread on Polo has been crazy high these past couple days. However, I wouldn’t say it wasn’t a ‘serious sell’; I mean, it was still 200 kNSR (1.3 BTC) sold below 8 microBTC.


#345

Great news for shareholders though since our goal is to maximize the number of NSR burned. I’m happy to see a shareholder cashing out at such a low price.