Bitcoin Forum

Looking at its current price($128) it seems to be obvious but the way it works made me wonder if there is still x20-x30. Only 250.000 coins and valuable merchandise, this coin can easily hit $1000 to 2000. What are your thoughts about that?

what is is use of case?

It's used as a merchandise and it already made about x100 since January. It's very bullish and still increasing.

A $2000 price implies a $500M market cap. How realistic is that market cap quotation for a coin that is not well known and does not have popular features such as privacy, smart contracts or PoS minting?

Another issue is that chasing past performance often turns out to be a mixed outcome for investors in stocks or crypto. The fact that UNO did 100x in the past does not necessarily have any bearing on future returns, in fact prices may mean revert and investors may lose money. Also, there are large number of coins that market themselves as store of value coins so there is meaningful competition for this use case.

I think Prototanium (PR) may be a better bet at a $300K market cap. This coin PR is a testnet for UNO development and also has a limited coin supply.  

The very fact that it has gone up 100x already to me signals it is very much not a hidden gem. Also, the room for growth now isnt as big as it once was. I think hidden gems are usually before they go parabolic, not after.

I guess i didn't make it clear. It's my mistake, sorry about that.

The reason why i called it "Hidden Gem" is not because it made x100 so far. It's mainly because the purpose of the coin. As far as i understood, it can be exchanged as a merchandise. If you read the ANN, you'll see it better. It is like an investment and it has a purpose. Real life use i mean.

You are not helping your case, if a coin already pumped that hard there is not much of a case to invest in it, even if it went 200x its price in January that is only twice the amount invested for new investors, I can invest in more solid coins that could give me that amount with less risks.

If you read my post above, you may see what i meant better. I'm talking about the value of the coin.

We should wait for a proper speculation, this sudden rise in price doesn’t mean it would not stop. To be honest, altcoins normally seem very attractive as all the promotions in the start yield big profits but these promotions and everything else fail in the long run. So to make a proper speculation we should wait a little bit more.

Since March 2017, it's constantly growing. It's very organic though. I'm not saying it will keep growing but this is already big.

As from January the btc price were rising constantly so is this coin has being rising. I am curious to understand what is making this coin so popular that people are buying due to which its price is rising. Hope so it does not fall in one go else it would be huge loss to its investors if ever this happen.

Unobtanium crashed hard today. It dropped more than 50%. What is the reason for the drop?  ??? Good time to buy few of these?

I guess its wallet is offline in Bittrex and will be delisted. ı checked the ANN.