Thoughts on Nubits

[cshelswell]

Hi - was wondering what people thought of Nubits? I've got a good chunk of PPC and wondered if it might be a good time to dip my toes in the Nubits water while the prices are cheap.

Anybody got any thoughts?

[jertsy]

Does this sound a bit like nubits?

Did you hear the interview with vitalik where he mentioned a two tier coin?

Like a symbiotic secure coin and volatility coin pair, where the volatility coin would provide the needed liquidity to keep the price of the stable coin stable?

Also some stuff about hybrid pos/pow systems, and how the miners really have no power in the system at all. If the wallet holders, the people that run the full nodes and the core wallet software decide to fork, the miners are kinda out of luck... can't even mount an attack at that point if you were to change to something other than sha-256...

Was very interesting to me, and thought it might be interesting to you, as a fellow miner. Hang on one sec I'm get the link

Edit* https://epicenterbitcoin.com/podcast/058/

[tokeweed]

i wish an NBT/BTC pair was around when BTC was hovering around 1k USD, that's for sure.

[cshelswell]

At the moment the price seems to be down at 1.9 PPC per NuBit

[Yurizhai]

What exactly are you thinking about? The NuBits peg ( 1NBT = $1 ) has held near perfect since release, so does turning your PPC into the equivalent of U.S. dollars sound like a good idea? If so, do it! If not, hold onto the PPC.

[cshelswell]

well with PPC/USD going for 0.58USD on BTC-E I guess it sounds like an excellent idea...

[cshelswell]

Only trouble is how to get those USD to buy back PPC

[Agestorzrxx]

Hi - was wondering what people thought of Nubits? I've got a good chunk of PPC and wondered if it might be a good time to dip my toes in the Nubits water while the prices are cheap.

Anybody got any thoughts?

The idea of Nubits is great, but it connect to PPC which destiny is dead.

[Yurizhai]

Hi - was wondering what people thought of Nubits? I've got a good chunk of PPC and wondered if it might be a good time to dip my toes in the Nubits water while the prices are cheap.

Anybody got any thoughts?

The idea of Nubits is great, but it connect to PPC which destiny is dead.

The only connection between PPC and NuBits is that Nu dividends are paid in PPC.

[arieq]

Hi - was wondering what people thought of Nubits? I've got a good chunk of PPC and wondered if it might be a good time to dip my toes in the Nubits water while the prices are cheap.

Anybody got any thoughts?

The idea of Nubits is great, but it connect to PPC which destiny is dead.

The only connection between PPC and NuBits is that Nu dividends are paid in PPC.

I wonder if the nubits bots have been artificially deflating ppc, since they pay dividends in PPC it would be cheaper for them to acquire if they could hold the price down

[cshelswell]

Aren't the dividends for nushares?

I ended  going for nushares just for the trading.

[BitcoinNational]

Hi - was wondering what people thought of Nubits? I've got a good chunk of PPC and wondered if it might be a good time to dip my toes in the Nubits water while the prices are cheap.

Anybody got any thoughts?

The idea of Nubits is great, but it connect to PPC which destiny is dead.

The only connection between PPC and NuBits is that Nu dividends are paid in PPC.

And the major buy-in market is PPC, no?

[unusualfacts30]

most of my fund is stored in nubits. not much volatility

[stellar1]

I think they created NuShares to feed volatility