I beg to differ.
We are in an emergency situation.
T1.1 is no priority at the moment.
T1.2 is.
This is not to be confused with restricted network access that makes transferring NBT expensive or impossible at all.
This is a reduced quality for a synthetic peg.
While it reduces the availability of good trading options, itâs a different animal than RNA.
The NBT/USD peg wouldnât have suffered at all from a BTC price surge, if only we would be able to solve the collateral puzzle when dealing with fiat pairsâŠ
As long as these two operations arenât out of funds on buy side:
Sun May 29 08:57:38 UTC 2016
status of mOD dual side NuBot at Poloniex:
nud getliquidityinfo B | grep B9gXptkoqAApF3AFrQyhUbhSzvuEudxupt -A 2
"B9gXptkoqAApF3AFrQyhUbhSzvuEudxupt" : {
"buy" : 8661.99,
"sell" : 3421.9037
/home/pi/bin/poloinfo: line 8: status: command not found
nud getliquidityinfo B | grep BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo -A 2
"BJs4YbtaqCmxeHLiR6zzjnZEotYVFAPfMo" : {
"buy" : 9599.91,
"sell" : 20591.3383
the peg wonât fail completely.
It doesnât look perfect, but still remarkably good considering the situation:
This tx is almost complete:
and only needs one more signer.
We make preparations for a BTC downswing.
##This network is still working!