I wouldn't have thought this would be happening. Some honest people are still out there. Great thanks to Ferdous.
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@knife re: distributed stability fund
This is not 'Core-tanium' But it is the wild version, do as you will and can, when you can. The DSF Revolution will not be televised!
But sorry, I have a small disagreement, when the market moves to 2 and then dumps back to 1, the market is not 1 for liquidity ... the mark has moved to +2 range. Volume can dry up a little as the spread goes wide, this is the natural cycle of markets, and is followed by a bang up or down.
My bets are for a bang UP UP.
@gustav re: 'increase sellresistance on pumps'
Strong disagreement.
Have your lines of resistance. But if the pumpers want to dance let'm have a run at it. Then back stop (when they eat through).
Keypoint ... Keep you reserves out of play. Segregated accounts.
Your hot wallet is for play ( and your can buy real things too with UN ) Habitually ship-out one or two kilograms to the cold storage.
Play at stabilizing price and reduce PnD. Learn as you go, don't panic, be cool calm and collected.
lol, sounds like 'trade as you like' is a thing that actually should work very well. (what a surprise) ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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guys, this can easy stick around at 0.02 to 0.03 easy! Low supply, you know ... the reason you bought it ... But if you dump in the buysupport like a tribe of apes it'll be a) not stable b) volatile and c) lower price Just put some supply on the books and chill out a little instead of causing volatility ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) "Sell in small pieces" +1 You better don't sell one large package but many small ones - this will also simulate a market with more participants and make for better trends and more relaxed trading experience. Bene has that right. Lol. Here's a thread from 11 months ago of Gustav and me talking about Uno. We both were -- and still are -- believers in Uno at .03. Uno is on it's way up, over the long term. Buy it at a good price, and if the pumpers step in and take us too far too fast, then sell it on them. I have a % of Uno that I play with. The rest is just scattered across multiple addresses and forgotten. I don't even see it my main wallet so that it's out of sight and not tempting. We'll keep slowly buying up the market, and if necessary we'll dump on the pumpers. We are the distributed stability fund. This is what the long timers are doing. We're here for the long term. Uno is going to go up. But if it tanks and goes really low, that's ok. The dumpers might be done but we're not. We don't have to prove anything by posting a buy wall for vampire/potatoes to dump into. Let them sell it to us cheap. We'll buy it back up eventually. No rush. We all know where Uno is going. Getting there is half the fun. If you want to vet the long timers here, just go back and read Blazr2's Uno launch thread. We are in this for the long haul. We operate in public, not in kiddie chat rooms. You don't need to pay me for access to a secret chat room to understand what's happening with Uno. All I ask is that we keep our top four markets semi-liquid. There should be coins to buy. This helps the outreach to bring in new community members. It just looks really bad when there are no coins for sale. I had been carrying some of the exchanges for months, but I need help with it. I lost 400+ Uno on Mintpal, and I think the risk should be a little more distributed than it has been. If you can help with 50 or more Uno on Trex/Bleu/Allcrypt, that would be tremendous. Edit: Yes its true. In that thread I linked to, I said: "One other suggestion: ... keep your UNOcoins off the market! Don't just roll them up to .02; keep them scarce!" I have evolved on that opinion since. 11 months later, I think there needs to be a reasonable supply of Uno on exchanges for trading (including Un-Ex). i have observed: every time you call for 'more supply' the price tends to go up. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) No supply at these prices? Not enough Uno liquidity? Maybe price is too low then ... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (kind of logical)
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guys, this can easy stick around at 0.02 to 0.03 easy! Low supply, you know ... the reason you bought it ... But if you dump in the buysupport like a tribe of apes it'll be a) not stable b) volatile and c) lower price Just put some supply on the books and chill out a little instead of causing volatility ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) "Sell in small pieces" +1 You better don't sell one large package but many small ones - this will also simulate a market with more participants and make for better trends and more relaxed trading experience. Bene has that right.
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hehe green candle ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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short comment:
you guys/ the community shouldn't advocate for 'dumping on pumps' - instead it would be a good idea to advocate for 'increase sellresistance on pumps'
What's the dumping about? Dumping just causes a low price and volatility. Why would you dump at no sellresistance (like last time)? Is a high price too much for you to handle? If you think it's a pump, just put up a sellwall instead of dumping on people. With dumping on your own progress and first signs of higher volume you're not going to get anywhere.
No sellresistance = easy priceincrease More sellresistance = less fast priceincrease Dumps = negative feedbackloops and a drop in price
So the community really shouldn't advocate for dumps on pumps but instead for increased sellresistance on pumps imo. We're wanting to move forward, don't we? With dumping on every price increase we're not going to get anywhere.
Exactly. Sell resistance works as well and feeds the hungry people with more coins. We need to drive the marketcap eventually to the moon and dumping is indeed negative for the whole community as it surpresses the price. Sell resistance on the other hand is excellent for the community (including the seller - he gets better price when his wall is taken eventually - the difference might be as much as dozens of percents!!!). The community should in no way advocate for dumping the coin!! (why would someone 'dump' Uno?) Putting up some supply on the market in events of fast price increase to cool market a little is a different thing. Dumping on price corrections to the upside is counterproductive and just causes volatility and bad sentiment. If a pumpgroup walks in the market, fine. Let them. Sell them coins for a high price and when they dump, buy them back cheaper. This way you get less volatility and better sentiment. But dumping yourself should not be advocated by the community! Selling high and buying low is fine, but 'dumping' isn't. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) #justsayin' ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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short comment:
you guys/ the community shouldn't advocate for 'dumping on pumps' - instead it would be a good idea to advocate for 'increase sellresistance on pumps'
What's the dumping about? Dumping just causes a low price and volatility. Why would you dump at no sellresistance (like last time)? Is a high price too much for you to handle? If you think it's a pump, just put up a sellwall instead of dumping on people. With dumping on your own progress and first signs of higher volume you're not going to get anywhere.
No sellresistance = easy priceincrease More sellresistance = less fast priceincrease Dumps = negative feedbackloops and a drop in price
So the community really shouldn't advocate for dumps on pumps but instead for increased sellresistance on pumps imo. We're wanting to move forward, don't we? With dumping on every price increase we're not going to get anywhere.
Not having supply on the market means price will rise, but then dumping on that is a shitty game. Better put some supply on the market with next priceincrease to prevent rollercoasters. Dumping just creates rollercoasters.
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What if it goes to 100 and everyone sells off of course the price will crash down again. It really doesnt make sense for people to hold all their UNO when its worth 100000. Wouldn't people want to spend that? Therefore when all the whales decide to sell the price will go crashing and burning down to 1 again?
It'll go to 60$ first and people will sell it back down to 40$ before it goes to 87$ and is sold back to 68$ before actually reaching 107$ and being sold back down to 87$ before going to 154$ and so on ... ahhh yes i see i see. two steps forward, one step back and two forward again ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (some possible growth pattern) ... and some random bubbles on the way maybe ... lol
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What if it goes to 100 and everyone sells off of course the price will crash down again. It really doesnt make sense for people to hold all their UNO when its worth 100000. Wouldn't people want to spend that? Therefore when all the whales decide to sell the price will go crashing and burning down to 1 again?
It'll go to 60$ first and people will sell it back down to 40$ before it goes to 87$ and is sold back to 68$ before actually reaching 107$ and being sold back down to 87$ before going to 154$ and so on ... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (at least that's the bigger plan, i think. Could work out.)
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My last call was shit again. Never listen to my calls. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Apparently people have a preference hodling bitcoin when the price of btc goes up, and the UNO buyers do not have preference to buy expensive bitcoin. It is a payday weekend so people spend some of their funds on bitcoin. It might very well be that on Sunday afternoon bitcoin drops. At least I am not planning to support this high bitcoin price. I have reserved 15 USD a day in exchange to buy bitcoins which are dedicated to Unobtanium specificially. I recommend also other community members looking for passive income streams that can be channeled towards supporting Unobtanium's price. The block reward drop will not significiantly affect on the selling pressure (it doesn't make much difference if the daily inflation is 7.5 UNO or 15 UNO - they both are very low and cost less than 100 USD to absorb). The fact that the block reward goes this low combined with the current low Unobtanium price cause problems for mining and thus challenges the network security in the coming months/years. Therefore it is important to get the price up. Exactly. Bitcoin needs Billions in money injected to double its price while Uno only needs few thousand $ injected to have the same return - and it's actually faster, less inflation and the brand is better too ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (among other advantages) To me it looks like the better investement, honestly.
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My last call was shit again. Never listen to my calls. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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example of bubble break pattern: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.imagesup.net%2F%3Fdi%3D12142373425516&t=663&c=4v0Y7wUrSQx7Dw) Uno this week (after rising and being bullish for 8 months+) : ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.imagesup.net%2F%3Fdi%3D114237374076&t=663&c=pNwJ-n9J_nlsJw) Unobtanium bubble incoming!!!
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Do you realize, that week graph show classic bubble break?
like this one? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.imagesup.net%2F%3Fdi%3D12142373425516&t=663&c=4v0Y7wUrSQx7Dw)
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We can set a date to fok on the road map.
i just said the same to FK. Let's draft a roadmap ( but without hard timeline, let's make it dependant on the trends) and then pin up the graphic for the future roadmap somewhere so people can see what's maybe coming down the road and discuss more leasurely so we can put this discussion more in leasure mode for now as it takes up a lot of space and has such an uncertain vibe to it (it's not neccessary to have that). Uno hashrate linear projected out with price indicates Uno is viable on any marketcap right now (and sufficiently secure so, around 100 Th/s for every 1.6mln $ cap has been projected which should be perfectly good). It is working very well. I can't identify any immediate need to take any action - especially not with the current trends. As soon trends change for btc or uno we likely want to proceed with the roadmap and make it a formidable altcoin store of value. But right now i see still a realistic possibility/scenario for it to become the maincoin. So all it takes is some flexibility in this actually. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .... just a proposal ...
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Also Uno needs always be able to be mined independantly in any case. Actually the opinion of miners would be interesting too.
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bottom line on SC for me is: i need to see a practical implementation on another coin and play around with it to be able to come to some kind of conclusion about it tbh.
I wouldn't want to agree on changes with SC on Uno before seeing a practical example.
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@cragv great comment "Thing is... you don't want to be waiting for a crisis to respond to. The merge pools wouldn't have much incentive to add a dying or troubled coin to their portfolio. Uno is obviously not dying, and I think locking in security should be done sooner than later. The time to strike is when there's max interest and momentum. I do not support waiting for problems to occur, or waiting to see what happens when we know there is a way to do this. This is my investment, and it needs a secure blockchain." i find myself in agreement with this a lot will be looking at your links tomorrow with a clear head. If uno is not required to hardfork it's maybe a different story. It will likely be a softfork nontheless. I would still want to see some practical example tbh. On the other hand: If we simply merge mine Uno with other coins (childcoins and maybe bitcoin aswell) network security could be achieved aswell. Uno overtaking the Btc chain can happen without sidechaining too as people just need to go on exchange and exchange their btc for uno - and that's it. So i don't see right now what more advantage Uno would have in 'overtaking' the btc chain than it already has. (some my comments might sound a little harshly but i really have an open mind on everything. What i don't like is being sold promises, vapourware or bullshit so that's why i use clear cut language most of the time. I like it straight forward ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Don't be irritated by that. People can still disagree with me, no problem at all. Discussions and communication is important on all matters. And everyone needs to know/understand what's going on or being planned imo.)
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The more there is selling pressure at these low prices and new fresh and strong hands entering to the market, the higher the coin will eventually go. Expect some FUD storm when the marketcap goes to 4-5 million USD. I do not care about the FUD but I am just warning beforehand the new guys. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) this is 100% correct I think it's true to say 'the free market works itself out' FUD will not come as a surprise and i don't think many will care a great deal about it.
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Dou think guys that is much better if next level of distributions appear on much better prices because the price now are total joke?. I personally I thing when we got more real prices then the real distribution start. then we can distribute to more wise responsible people . Unobtanium is concentrated wealth so I don't want teenagers play funny little games with UNO as this boy Gekko
lol Is good gekko had a chance to sell. 800!! Imagine he would have held. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Such volatility helps shaking some weak people from the tree. Is good too. Yes, better price is always appreciated. Below 10$ is a joke. Market is thin right now. I think we will see several up and down swings before actually reaching the 10$ We have time enough. Slow is better than too fast. What goes up fast, comes down fast as we have seen btw: i have seen gekkos wallet yesterday move on the explorer (what he says fits the wallet i saw) He held his coins since march 2014 ... just to dump them on the market in one go yesterday. Man, man, man ... (but it's good for distribution)
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