Nubits on Bittrex. complete shit

[Creasian]

why would you buy nbt @ $2 when they say one nubits will be worth $1?

jooizeVice Chief of Liquidity Operations32m
We peg US NuBits at $1.00, and that has not changed. Purchases of NuBits were made recently that consumed our large walls and more. A refill of sell-side liquidity took time, and Bittrex experienced a delay with deposits.

US NuBits will return to $1.00. Take the opportunity and sell high then buy from us for $1.00 later if you can. I understand the frustration of being locked in at Cryptopia.

[hosseinimr93]

I really can't understand what they claim about Nubits. How is the price fixed at 1 dollar while the prices are determined by supply and demand in exchanges?
The price can be manipulated easily by sellers and buyers.

[European Central Bank]

nothing pegged makes it in the long run, especially with a cockamamie setup like theirs. the only way to do it is how tether do it, but with, y'know, real dollars rather than bitfinex's empty assurances.

[Rune]

buy buy coins pegged at 1$ your taking all the risk of crypto by buying them but have no chance at any profit makes no sense.

[bustomi]

Well, that was the risk that we must take when doing some invesment on cryptocurrency, we should see price correction first before investing