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Main => General Discussion => Topic started by: NotSmart on November 04, 2015, 07:36:31 am

Title: failcoins
Post by: NotSmart on November 04, 2015, 07:36:31 am
NBT@poloniex

(http://oi68.tinypic.com/wh1eo9.jpg)

USD@DEX

(http://oi63.tinypic.com/2zgxnc8.jpg)

Let the excuses flow
Title: Re: failcoins
Post by: werneo on November 04, 2015, 04:47:43 pm
NBT is collapsing just like most other alt coins...

(https://dl.dropboxusercontent.com/u/38768040/misc/Screenshot%202015-11-04%2008.40.42.png)
Title: Re: failcoins
Post by: Empirical1.2 on November 04, 2015, 04:59:03 pm
Quote from: werneo on November 04, 2015, 04:47:43 pm
NBT is collapsing just like most other alt coins...

(https://dl.dropboxusercontent.com/u/38768040/misc/Screenshot%202015-11-04%2008.40.42.png)

NBT isn't collapsing. It's maintaing it's peg to USD. That's it's job

1 NBT = 1 USD
Title: Re: failcoins
Post by: Portabello75 on November 04, 2015, 05:19:34 pm
Quote from: werneo on November 04, 2015, 04:47:43 pm
NBT is collapsing just like most other alt coins...

(https://dl.dropboxusercontent.com/u/38768040/misc/Screenshot%202015-11-04%2008.40.42.png)

Prob shouldn't trade if you don't understand how the coins work.
Title: Re: failcoins
Post by: Helikopterben on November 04, 2015, 07:05:03 pm
I'm pretty sure you guys need a sarcasm detector
Title: Re: failcoins
Post by: Ander on November 04, 2015, 07:14:54 pm
Both of them are right at the 1 dollar peg.

Nubits has buywalls because the peg is enforced by a centralized entity.  BTS has a spread because the peg is driven by market forces.
Title: Re: failcoins
Post by: werneo on November 04, 2015, 07:51:00 pm
Quote from: Portabello75 on November 04, 2015, 05:19:34 pm
Quote from: werneo on November 04, 2015, 04:47:43 pm
NBT is collapsing just like most other alt coins...

(https://dl.dropboxusercontent.com/u/38768040/misc/Screenshot%202015-11-04%2008.40.42.png)

Prob shouldn't trade if you don't understand how the coins work.

Sorry... I really don't know anything about nubits. My point is that as measured by bitcoin, the bts price collapse is not out of line with other alt coins represented at poloniex.
Title: Re: failcoins
Post by: xeroc on November 05, 2015, 06:34:56 pm
Quote from: Ander on November 04, 2015, 07:14:54 pm
Both of them are right at the 1 dollar peg.

Nubits has buywalls because the peg is enforced by a centralized entity.  BTS has a spread because the peg is driven by market forces.
This!