Where are the dumpers? I expected a LOT more dumping. Instead there has been... let me count them... just that guy on Cryptsy on Sept. 27. That's about the only substantial dump I recall.
That suggests that UNO is in very strong hands right now.
That suggests that UNO is in very strong hands right now.
exactly what i say. I sense a group of different people that have been buying it up during its hard coinex-days and holding it very stong because they know: if they do hold it strong just long enough it'll be worth a lot.
Uno is a coin nearly independant of its demand to hold the price it already has. As long there is just a little demand (and there will be) the coin is going to rise further.
Sellpressure from miners is not even a tiny bit noticable since they actually hold it aswell instead of selling so it gives the coin additional upside.
I can see uno only go up - at one point (after the last profittakers are done) it could even go crazy high. We'll have one layer of the not so smallminded profittakers between 0.01 and 0.1
What's going to happen after that is anyones wildest guess.
The sellwalls on cryptsy and bittrex at 0.0085 for 300 coins each have been pulled by the way. The path up is clear again. I'd suggest to build more support in any case before attempting to move that high. No need to rush it. We could be leading it up slowly from here.