Wall Observer - NuShares price movement tracking & discussion

NuShares passed Namecoin on Coinmarketcap, climbing to #13 in market cap.

On a day when everything is down 15%, being flat is a win.

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today NSR is the only ā€œ+ā€ among the first 20 coins of CMC

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Over $0.01 again

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Will NuShares be entering the top 10 soon?

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.[quote=ā€œYurizhai, post:66, topic:757ā€]
Will NuShares be entering the top 10 soon?
[/quote]

I hope we have data feed functionality before then. I can imagine lots of people trying to buy NuShares and not realizing the responsibility that comes with it. Network paralysis is a concern as others have talked about. If they need to manually setup their votes or setup a data feed before they can use the wallet, then that should help matters I think. Iā€™m sure the team has thought about the best way to go about this.

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I think Jordan said beta will be available within a few days.

Either way, I just this Reddit post.

Maybe something similar should be stickied or posted here.

Your link isnā€™t working for me, but I assume you mean this threadā€¦

Yes, I think that should be a sticky here as well and in the NuShares section of the website, maybe even in the FAQ. Itā€™s very important that people know this.

Thatā€™s the link. I fixed mine, thanks. Here is Jordanā€™s comment about the data feeds by the way.

Upon rereading it, the data feeds probably wonā€™t be public, my mistake.

Iā€™m very new to the nu community, just joined, recently got some NSRā€¦ iā€™m keeping em locked til I know what Iā€™m doing!

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NuShares just passed Peercoin. :open_mouth:

Nu still needs time to mature the sudden price rise of NuShares may bring about unintended consequences.

Jordan Lee thankfully had the foresight of seeing the immediate need for data feeds. The excessive delays of purchasing undistributed NuShares are frustrating, but now I understand the importance of the matter at hand.

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It is of paramount importance to make newcomers in the Nu ecosystem aware of their responsibility when minting and to prevent them from unintentionally casting ā€œNO votesā€.
If the NSR volume (bter alone crossed 200 BTC daily volume!) is not only buying and selling back and forth, there might be some new shareholders in the Nu system - without feeds the danger of paralyzing the network is getting bigger and bigger.
I donā€™t want to sound like painting things too black, but I think the threat is real.

http://imgur.com/RpIjrqp

As the image is not displayed properly on my browser, hereā€™s the link: enter link description here

NuShares fights its way up - volume wise and price wise (you might need to click the links; discourse seems to crop the images from imgur.com).

bter:

http://imgur.com/VLtpkpe

coinmarketcap overview:

http://imgur.com/RguiqB1

coinmarketcap NSR charts:

http://imgur.com/R2fCwM0

Iā€™ve just started on the forums, and yes, it is a lot for noobs to absorb. also, I donā€™t have a lot of free time, so a feed on my phone would be ideal.

Today is NuShares First trade in Chinese Yuan ever, on Danish exchange CCEDK.com

A big whale has dumped large here:

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huge sell and then rebuy.

I believe that this guy is the buyer: http://8btc.com/thread-13322-1-1.html

NuShares (NSR)$ 0.008307 (-17.70 %)
0.00003612 BTC (-24.01 %)

Any good reason for such sell trend?

Speculators taking profits or maybe someone making a quick buck from shares they bought from JL.
Also the upward trend of Bitcoin doesnā€™t help I suppose.

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