It's returned to normal now. But, here's another screenshot:

NuBot wasn't involved on either side of these outlier trades. Someone had a manual order placed at at 10x the going rate (most likely to sucker someone into buying it who wasn't paying attention) and another trader erroneously bought those NBT during a wall shift.

I guess NuShares is up 300% because someone didn't realize NuBits is supposed to be at 1$ and thought it was a good thing that it's now trading at 9-10$? lol

Quote from: liondani on February 06, 2015, 03:58:17 PM

Quote from: liondani on February 06, 2015, 03:54:13 PM
Seems the bot has lost one digit and was buying nubits until it reach 10x the original price  :D
So probably one custodian is now out of the game  :'(


edit: I just saw your above message  :)

Quote from: yellowecho on February 06, 2015, 03:51:57 PM
It looks like someone screwed up a decimal place on the BTC price and the bot went bonkers lol

so a good tactic is to have open sell orders about 8 times the dollars price... it will happen again for sure  8)
(and maybe open buy orders at  8 times lower price)

If the bot overpaid for NuBits by 8x it's real price in BTC, doesn't that mean NuShares has opened itself up to a huge risk of insolvency since it's used as collateral?

Quote from: liondani on February 06, 2015, 03:54:13 PM
Seems the bot has lost one digit and was buying nubits until it reach 10x the original price  :D
So probably one custodian is now out of the game  :'(


edit: I just saw your above message  :)

Quote from: yellowecho on February 06, 2015, 03:51:57 PM
It looks like someone screwed up a decimal place on the BTC price and the bot went bonkers lol

so a good tactic is to have open sell orders about 8 times the dollars price... it will happen again for sure  8)
(and maybe open buy orders at  8 times lower price)

Seems the bot has lost one digit and was buying nubits until it reach 10x the original price  :D
So probably one custodian is now out of the game  :'(


edit: I just saw your above message  :)

Quote from: yellowecho on February 06, 2015, 03:51:57 PM
It looks like someone screwed up a decimal place on the BTC price and the bot went bonkers lol

Quote from: liondani on February 06, 2015, 03:43:16 PM

Quote from: yellowecho on February 06, 2015, 03:39:10 PM
LOL It looks like a bot went rogue or something.  Is there a way to short this???

buy on BTER then move to CCEDK... and sell  :P

No more buyers at that price  :-[
It looks like someone screwed up a decimal place on the BTC price and the bot went bonkers lol

Quote from: yellowecho on February 06, 2015, 03:39:10 PM
LOL It looks like a bot went rogue or something.  Is there a way to short this???

buy on BTER then move to CCEDK... and sell  :P

I am wondering what they are doing ! (?)

LOL It looks like a bot went rogue or something.  Is there a way to short this???

this is very strange,
nubits usually have better peg then bitusd, but when their peg fail it is catastrophic failure

this is huge plus for us   ;)

not CMC's fault: