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Nxtty Altcoin Composite Index (NxttyACCI) singapore
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Author Topic: Nxtty Altcoin Composite Index (NxttyACCI)  (Read 44443 times)

peggy2jj

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #80 on: February 08, 2016, 05:09:33 pm »

He has two computers sitting in front of him, one hit offer, the other hit buy. Executed exchange in 1/10 second. No one can beat him.
I thought I can get rich too, better go to work now. ;D
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landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #81 on: February 08, 2016, 08:33:55 pm »

i donĀ“t understand this ACCI ...

ACCI is simply an Index (i.e S&P 500) which is also tradeable.

The index itself, how & why it is tradeable and the trade process will be explained in a clear, concise manner before the distribution deadline date on February 16th.

landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #82 on: February 09, 2016, 08:17:10 pm »

NxttyACCI 101  -- Automated Market Maker



To make sure NxttyACCI is always in line with the market movements of 20 crypto's that make up the index, the ACCI price level must be published to the blockchain at regular intervals.  The publishing of the ACCI price level is a basic function and must be done whether there is trading of ACCI or not. 

To publish ACCI price levels to the blockchain the publishing account (Issuing account) must have Nxt balance to pay the fees....to maintain the continuous running of the publishing engine the nxt balance in the account must not fall below a certain level.  Publishing the ACCI price level is 50% of the process...to actually register the ACCI price level on the blockchain a buy or sell transaction must also take place.  Both the publishing & buy/sell transactions need to pay nxt fee. 

With the enabling of ACCI trading the automated market maker comes into play...its main function is to manage the buy/sell wall by monitoring liquidity levels in the account...for example:

We have a liquidity floor of 1000 nxt...below 1000 nxt the automated market maker will only maintain a maximum SELL wall of 1 ACCI for the publishing engine to sell into....once there is buying and the account balance has increased to 2000 nxt then the market maker will increase the size of the SELL wall.

New balance - liquidity floor = surplus liquidity

2000 - 1000 = 1000 Nxt

Surplus liquidity/ACCI price level = open SELL wall quantity

1000/100 = 10 ACCI   ....so the new SELL wall will be 11 ACCI (10 + 1)

The automated market maker monitors and adjusts the size of the BUY/SELL walls depending on what is happening in the market.

   

landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #83 on: February 12, 2016, 04:16:21 pm »

Nxtty Altcoin Composite Index is up 100% since start of 2016.

huafei

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #84 on: February 13, 2016, 12:09:31 am »

how can we receive ACCI with holding NXTTY?
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youandmeletsgo

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #85 on: February 13, 2016, 01:18:13 am »

how can we receive ACCI with holding NXTTY?

You must have nxttycoins on your NXT account at this site: http://localhost:7876/index.html

and that's it. just hold it there and wait patiently till 16th feb. i dunno if you will still qualify though. i mean...i don't know how it works because that's the only criteria told to us: have nxttycoins on there. im guessing as long as you have it BEFORE 16th feb, you should be in the Safe Zone (get ACCI).

lol....i'm still waiting for my share of ACCI ever since 19th/20th Jan 2016. 3-4 more days to 16th Feb!
« Last Edit: February 13, 2016, 01:20:56 am by youandmeletsgo »
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Nexxie

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #86 on: February 13, 2016, 06:06:22 am »

Nxtty Altcoin Composite Index is up 100% since start of 2016.

Keep up the good work!
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google98

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #87 on: February 13, 2016, 02:03:11 pm »

So in my account it shows several assets among which are the nxtty-assets. So I should get the ACCI until Feb 16 under "Monetary System", right? Or is there anything else I have to do with the assets?
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landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #88 on: February 13, 2016, 08:22:10 pm »

So in my account it shows several assets among which are the nxtty-assets. So I should get the ACCI until Feb 16 under "Monetary System", right? Or is there anything else I have to do with the assets?

That is correct....there is nothing else you have to do.

landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #89 on: February 13, 2016, 08:38:43 pm »

how can we receive ACCI with holding NXTTY?

Just keep the NXTTY in your account....that's all.

nigelyear88

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #90 on: February 16, 2016, 04:45:12 pm »

everybody got their ACCI? i got mine!!!  8)

i wonder whats next.
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landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #91 on: February 16, 2016, 08:37:32 pm »

Update


NxttyACCI distribution is now complete...

If you have not received your ACCI please send me a PM with your account details.

jasonlee

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #92 on: February 17, 2016, 06:25:48 am »



I have not received ACCI, My account is NXT-5746-PL2E-AZTT-22X68

Please check the validation

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jasonlee

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #93 on: February 17, 2016, 06:46:55 am »

Update


NxttyACCI distribution is now complete...

If you have not received your ACCI please send me a PM with your account details.


I have not received ACCI, My account is NXT-5746-PL2E-AZTT-22X68
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Nexxie

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #94 on: February 17, 2016, 05:07:10 pm »

Nice!

Where does it go from here?
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landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #95 on: February 18, 2016, 10:37:23 pm »

NxttyACCI has been sent to those who have PM me....

landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #96 on: February 18, 2016, 10:42:23 pm »

Nice!

Where does it go from here?

1) We are working on the initial phrase of our awareness strategy....NxttyACCI is 1st an index which is ahead of its time so we need to carefully build and communicate our story.

2) Completing further optimizations.

landomata

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #97 on: February 18, 2016, 10:56:21 pm »

NxttyACCI 101  -  Quick price calculation


To quickly calculate the USD price of NxttyACCI simply take the last published price of ACCI from inside the Nxt client or nxt block explorer:


(ACCI price quoted in Nxt) X (current per. nxt in usd) = USD price


132.634885510 x 0.008525 = 1.13 usd


Note...you can simply round the ACCI price in nxt to the nearest whole number 133 x .008525 = 1.13 usd



Same goes for the calculating the price in Bitcoin or any other currency.


jasonlee

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #98 on: February 19, 2016, 01:36:15 am »

NxttyACCI has been sent to those who have PM me....

Thank you very much, I have received NxttyACCI~!
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gck

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Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #99 on: February 19, 2016, 11:16:54 am »

Haven't had a chance to look yet (catching up)...but what was the conversion rate from Nxttycoin to NxttyACCI?  Something like 80% of your total Nxttycoin holdings?
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