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661  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 27, 2014, 08:49:12 PM
UNO > BTC


HOLD! BUY!
AND KEEP HOLDING ONCE IT HITS 100$!
THEY WILL BE PANICBUYING IT WHEN IT IS AT 500$!
UNO WILL BE 1 MILLION A COIN!
ITS THE BITCOIN-KILLER!
BITCOIN CAN'T HOLD VALUE! UNO CAN!
662  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 27, 2014, 08:33:54 PM
Well, it is pretty lame if the post didn't violate any of the terms. I can see how bitcoiners might not wanna talk about that type of stuff on their bitcoin forum. As there is so much speculation in the crypto world, i dunno. Did you try posting that same thing in the speculation section, maybe with a less damning name? Something like "bitcoin & inflation" talking about the issues surrounding bitcoin and how other coins are poised to better handle the flow of new coins.

V500 did that and they got angry at 'speculation'. It was suggested to post in altcoins. Well, fuck btctalk. Taking to twitter where they can't censor me :



i learned:
don't talk about uno in depth on btctalk outside this thread to avoid problems. Uno really scares them.


Look at the poor performance of bitcoin. It's a drama. Uno would be making much more profit for everyone. They subconciously know uno has a better design than bitcoin when it comes to the inflation. Uno would be adopted much faster and would perform much better in the markets. They got their pants full because they know it.
663  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 27, 2014, 08:15:54 PM
another thread of interest:

https://bitcointalk.org/index.php?topic=799399.0

664  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 27, 2014, 07:24:44 PM
a little promo-thread of high quality of mine was just moved to the trashcan. https://bitcointalk.org/index.php?topic=800259.0
I think bitcoiners are scared.

So, i was censored now. Fine.

thread was posted in altcoins-section and content was of first class quality. Title was "Bitcoin collapses due to 10% inflation - here is the solution"

- was censored -

i still have the tab open. OP was this:

"Bitcoin can't hold value. It wasn't designed for that. It suffers from high inflation long time into the adoption.
The high inflation in fact slows down adoption because: who wants to buy that if it can't hold value?
The solution at hand is unobtanium along with some other low inflation alts.

If bitcoin bites the dust. Dump your coins in unobtanium because that can hold the value unlike bitcoin.

See thread here: https://bitcointalk.org/index.php?topic=527500.0

The solution to bitcoins inflation problem is unobtanium. Exit inflation matrix with uno."


people took interest, i was answering question, posting emission-plan and so on. Mod is quick to silence. Welcome to bitcoin-fascism ladies and gentlemen.

Just wanted to write the mod a message asking why, when i saw this on his profile:

"In a world of peaches, don't ask for apple sauce"

I think it's not even worth the effort writing a message.
665  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 27, 2014, 04:58:50 PM
stop trading uno like an altcoin. Start trading it like the better bitcoin.

Everyone is pissed by bitcoin performance and everyone is aware it's because of high inflation. People will need a bit of time to realize unos potential. I think it can get great traction over time.
If bitcoin keeps going down for months and months for no other reason than its inflation, this community can only grow.
666  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has reached the tipping point on: September 26, 2014, 07:48:57 PM
agree on op.
If bitcoin collapses it is in most parts because of a flawed halving schedule. It should have been halving quicker or gradual decrease. This halvings are just clumsy and too long.
Uno is the solution to bitcoins inflation problemm and dumping miners.
IF bitcoin tanks and you missed the opportunity to shortsell it: dump your bitcoin in uno because that will rise a lot when people realise what the problem was with bitcoin (the inflation). Just a heads up. It is rising already. In case bitcoin tanks uno will be the alt to be in - other low inflation coins aswell. Sick of miners dumping.

Uno?  This is the samething as that Uro?

I have twelve buckets of bat piss (Gauno Urea) in my living room, with open lids and the air is fulminating all over the place.  Who wants my Urea for Uro / Uno?   Huh

no, uno (unobtanium) got nothing to do with uro. Entirely different stories. Go here to check out: https://bitcointalk.org/index.php?topic=527500.0

uno is also way older than that strange ureacoin.
667  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has reached the tipping point on: September 26, 2014, 07:45:45 PM
agree on op.
If bitcoin collapses it is in most parts because of a flawed halving schedule. It should have been halving quicker or gradual decrease. This halvings are just clumsy and too long.
Uno is the solution to bitcoins inflation problemm and dumping miners.
IF bitcoin tanks and you missed the opportunity to shortsell it: dump your bitcoin in uno because that will rise a lot when people realise what the problem was with bitcoin (the inflation). Just a heads up. It is rising already. In case bitcoin tanks uno will be the alt to be in - other low inflation coins aswell. Sick of miners dumping.


Good thing is: uno rises in any case. If bitcoin goes up or down doesn't matter.
668  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 26, 2014, 08:15:27 AM
TDI 24h 121 now

you traded 121 days of mining last 24h. Uno is insane.
669  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 26, 2014, 02:17:48 AM
Gotta give a quick shout out to coinbroker.io

Thanks for the 30 odd UNO picked up in a range from .0045 to .0049!

 Cool

lol. Coinbroker is EMPTY
670  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 26, 2014, 01:55:41 AM

@ Gustav's Law: could we give your Law a natty abbreviation? -- and there's a thing here from theory: the first member of a binary pair ('BTC/UNO') is usually seen as dominant. So, 'TDI'? and 'Uno/Btc TDI 5/1'?

m

"TDI" is good. Sure, let's use that.

@twitter pumpers:

i already do that  Grin Not having thousands of followers but i keep it honest and i think that provides some value too. Most of those guys start tweeting when it's up 3 times. They are really not that good. I was tweeting uno when it was 0.003
Better grow my twitter than paying off some random twitter whales.
I take tips too Wink
https://twitter.com/gustavowiz

i am a bit of a punk on twitter but i think people want that Wink


looks as if we are seeing some action now.
671  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 25, 2014, 03:23:50 PM
update:
"tradevolume devided by coins mined 24h" according to coinmarketcap:

btc: 20
ltc: 16.8
uno: 96 and more

uno beats bitcoin in 'tradevolume devided by inflation' by nearly 5 times. And LTC nealy 6 times today.
Arize! Wink

we had twice the volume of megacoin, more vol than qrk, more than 3 times what naut had, 10 times myriad.
It's picking up.
672  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 24, 2014, 02:16:49 AM
uno was one of the very few coins today that didn't take a considerable hit from the rising bitcoin.
Almost all other coins took hits of up to 20% from people dumping for bitcoin. I think that's another great thing today. Uno handled the sudden rise in bitcoin pretty nicely.

It also shows Uno hasn't many daytraders on board yet. Since it is pretty much confirmed now almost all Uno are still with longtermers it could maybe even evade the typical  pressure resulting from a rising bitcoin (if that was to become a reality). 

Uno looking strong.

by the way: has it been discussed here before? Uno is on mintpal v2 included and they want to be blazing fast now. Yay! High speed trading uno! Need tighter spread later! 


Agreed.  Uno is one of the fairest and most stable coins out there.  I could see Uno rising to the top 20 coins on Coinmarketcap in the next year or two as some of the other coins drop off of the radar.  Of the 400+ coins on CMC, I'm betting that only about 10% survive the next five years. As the market consolidates, UNO should eventually find itself in a very enviable position.

i am personally banking on it becoming number 3 after Litecoin. Hope we get out of this bullmarket in a few months in top Position. Talking about 0.1 to 1 btc for a coin. I fail to see why not.
673  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 24, 2014, 12:27:36 AM
uno was one of the very few coins today that didn't take a considerable hit from the rising bitcoin.
Almost all other coins took hits of up to 20% from people dumping for bitcoin. I think that's another great thing today. Uno handled the sudden rise in bitcoin pretty nicely.

It also shows Uno hasn't many daytraders on board yet. Since it is pretty much confirmed now almost all Uno are still with longtermers it could maybe even evade the typical  pressure resulting from a rising bitcoin (if that was to become a reality). 

Uno looking strong.

by the way: has it been discussed here before? Uno is on mintpal v2 included and they want to be blazing fast now. Yay! High speed trading uno! Need tighter spread later! 
674  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 23, 2014, 07:11:02 PM
breaking news: paypal integrating bitcoin official.

http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.html


dumped my fiat into btc, pulled all sellorders for uno and now i just chill the fuck out. Moonin' guys. Btc sky high - Uno will follow and make you many times the percent bitcoin will. Grab some litecoin too. See ya in outer space in a bit Wink
675  Economy / Speculation / Re: How to calculate supply vs demand very easy (inflation vs tradevolume) on: September 23, 2014, 04:43:07 PM
Very good thread (and idea), OP. Always happy to see some serious discussion of modeling the market other than bulls and bears going into shouting matches.

Completely agreed on your main point: don't just look at demand, but also supply. But also, as you already mentioned, mainly useful for alts (which I don't trade - I only buy a handful out of my long-term fundamental estimates), and not so directly applicable to Bitcoin for two reasons:

- reward halving happens rarely, so in effect, the supply side for a "price era" is more or less constant.

- difficulty estimating on-exchange volume across eras and exchanges. Across eras, because I don't think the base volume  stays constant as price increases, and across exchanges, because zero fee and non-zero fee volume are qualitatively different imo and shouldn't simply be added up. (I have a so far relatively crude method to normalize volume, but it still needs fine tuning and testing).

the good thing here is you have an indicator that is independant from the price of the coin and also from the $-worth of the tradevolume. All it does is compare supply to tradevolume - nothing more. How many dollars the tradevolume is worth or the costs for a  single coin are doesn't matter in that.

With a halving of blockreward that number jumps up by 100% if volume stays the same of course.
I think the indicator can also help with trading bitcoin since it will enable better estimates what a reasonable price is after a halving and where the dump from the halving-rally could settle.
It's also of great help to determine if a coin is over or undervalued.

Next thing is it can combine a lot of data and compress things into a single number. Data you would normally take up to 30 minutes to analyse and click between 10 tabs and still wouldn't have anything exact.

As i said: there are a ton of usecases. It's the first method i have seen so far that manages to actually put the supply in relation to the demand/tradevolume. The idea is new and could be useful. Currently people just look at tradevolume and that's it. The indicator shows more than just tradevolume. So people using that likely will have a little edge over people not using it... i mean, look how many are still supporting VTC when the indicator is on 3 when they could be just holding btc which has far better outlooks. Look for how long they have been doing it. They do it because they see others do it and they have no way of connecting the oversupply to their situation other than guessing. They are just surprised why it suddenly drops so low.The last big decline of VTC could have been totally predicted with this thing well in advance. Same goes for myriad decline or rise of uno. These things show up cristal clear days and weeks before price moves.

Can also be applied to bitcoin. You'll be able to compare action before and after halving to each other and determine if price is reasonable or not. I'd expect this indicator to always gravitate towards the same level over time (which one i will find out in the future). Because if price is too high and demand not great enough to sustain it, indicator will be low and rising with pricechange again until it reaches a certain point where inflation and demand keep each other in check.
If demand rises you see the indicator rise and once it has reached a critical point price will change to the upside until the indicator normalizes back to that level where inflation and demand keep each other in check. So, no matter what price. Indicator too low for some time: pricechange to downside and it settles around the correct level in the end. Indicator too high for some time: pricechange to the upside until indicator settles around the same level (normilized level) again. Just that point where inflation and demand keep each other in check.
Kind of like a wave on an axis. This is the axis. Yoyo back and forth. Once you know it, it'll be of tremendous help.
If widely used and tested this could lead to greater pricestability aswell since people would learn not to move against it in a big way. Just some thoughts. Well, feel free to play around with it and please report if you find something useful to do with it.
676  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 23, 2014, 01:25:22 PM
@smokesalot
internet outage will never be global and local only temporary. When there is electricity, there is internet normally.
Only exception to that would be huge solar flare/ solar storm but since that would lead to melt down of the nuclear reactors worldwide it would be extinction anyways.
I personally can not think of any scenario where the internet is globally and permanently defunct without an extinction level event - in which case money will be your smallest concern.
Well, i choose to see it positive: won't happen in my life and if it does i'll see then what to do. No need on planning on things that don't happen anyways. That's just distraction. A fail of the monetary fiat system is by far more likely than any of the other bad scenarios. That is real. So crypto does make sense. I do trust my internet connection more and i think it is more sustainable longterm than the debt driven inflation fiat system we have now. Wink

I am far more concerned about the financial system than i am about a functional internet or human extinction tbh. Internet, humanity or the financial system - which will fail first? I think the answer is quite obvious.  Roll Eyes
677  Economy / Speculation / Re: How to calculate supply vs demand very easy on: September 23, 2014, 12:24:33 PM
Take how many coins have been traded during that time and divide by the number of coins that have been minted in the same time.

So how do you figure out how many coins have been traded?

Please don't say that you base that on exchanges. A large number of coins (perhaps the majority) are traded off-exchange.

tradevolume devided by average price if no more accurate data is accessible.
OTC-trades can't be fully included of course since we don't know about them. They are a grey zone. The demand by the general public will be 99% on exchanges, though. Is it known what parts are transaction is done off exchange? If you would know OTC-trades are around a certain percentage of the on-exchanges stuff you could include it in the calculation. But if you take it as a fixed metric you can aswell leave them out. Just forget about them. Not important if they aren't more than 50% of trades. They don't move the market. Satoshi could sell his 100k btc (or whatever he has) OTC to someone else who could be holding them for 10 years. You'd be noticing nothing. OTC isn't even relevant. Make it x. x can be averaged over time and thus left out.


The metric introduced here is mainly useful for comparing alts which aren't traded off exchange much.
It also helps to understand the impact of the inflation of the coin you are holding which seems to be a blind spot of people. Everyone looks for demand but pressure by supply is underestimated. So here you have probably the only way to make sense of supply and demand and even combine those two numbers into one. What else can you ask for? Please deliver a better approach if you can.
You got a new metric here that could be worth including in coinmarketcap or a similar page. Changes in this metric will be visible before pricechanges take place. So having that calculated in realtime can give you a considerable advantage. I hope someone can make a page with realtime tickers for this.

Again: this is useful in many cases. Just think about it. I am sure there are usecases i haven't thought of yet and i am also sure this can be developed and fine tuned further.
I found it very useful to determine the outlooks of different alts. Would you have guessed unobtanium with 5 btc volume strikes a higher number than bitcoin currently does with this metric? Would you have guessed vertcoin would take 50 times the tradevolume to achieve the same? There is a lot to discover there.
Price is set by supply and demand. Not only by demand. Please show a way how to better make supply vs demand visible if you can.

Again: tradevolume can be deceptive. Very good example Uno vs VTC. VTC is destined to decline further with a volume 10 times as big as uno while the later is rising on a tenth of the volume? Isn't it interesting LTC nearly strikes on the indicator twice as high as bitcoin does? Would you have guessed that from the volume alone? Now you can compare all the coins on the same level.
678  Economy / Speculation / Re: The "miners are dumping thousands of coins every day" argument on: September 23, 2014, 01:16:36 AM
this is a non-issue for people holding Unobtanium

inflation is a fact and can be pinned down exactly in coins.

See my other topic on this:
https://bitcointalk.org/index.php?topic=793049.msg8933157#msg8933157

fiat has inflation. Bitcoin  has lower inflation than fiat. Gold has inflation too. Unobtanium has the lowest inflation of them all.

Discussing if miners sell or hold the coins they mine is really useless. Expect them to sell now or later.

"Tradevolume divided by new coins minted" was bitcoin around 18 to 1 yesterday (globally). Uno was approx. 22 to 1 today on tiny volume compared to bitcoin. Other coins high on the "tradevolume divided by new coins" indicator are LTC and DRK.

just divide tradevolume by new coins minted to estimate how big the impact of that inflation is.

Demand vs supply.

Life can be so easy.
679  Economy / Speculation / How to calculate supply vs demand very easy (inflation vs tradevolume) on: September 23, 2014, 12:49:47 AM
Had an idea few days back. How to calculate supply/demand of a coin in minutes:

Take timeinterval x (1 day / 7 days / 30 days / ...)
Take how many coins have been traded during that time and divide by the number of coins that have been minted in the same time.

The number you get is how many times the network output of new coins was turned over in timeframe x
A rough indicator for supply/demand especially useful on larger timescales.
Very good for fundamental analysis of coins and also very good for direct comparison of very different coins.

Inflation vs tradevolume indicator. Almost too easy to believe this wasn't noticed by many people earlier.
As a serious longterm-trader and investor you will come to love it.

Enjoy your new tool.  







hint: look at Unobtanium to find the god-coin in the game of supply/demand indicator
680  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: September 23, 2014, 12:42:50 AM
got a meme for you Smiley

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