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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 27, 2017, 06:25:13 PM
The volume was exceptionally high on two days. One day was a major sell-off (October 10th), which is when Bittrex originally stated they would be delisting Unobtanium due to low volumes. Clearly people saw this as a weakness for the coin, and sold. Shortly after (October 20th), there was a major buy-in. FallingKnife (a rep of the Unobtanium team) claims this was one person buying in for 16,000 tokens; see original post from a week ago above.

But regardless, Bittrex removing the coin was totally within their guidelines as the coin was consistently below 5-BTC of volume / day. Link: https://ibb.co/mBvYqm
Of course this link is from Cryptopia's volume, but Bittrex volume wasn't actually much higher, tho it did break 5-BTC a number of times, Bittrex requires 5-BTC a day and consistently missing that is grounds for delisting.

Moving on... Simply people moving tokens from Bittrex to Cryptopia wouldn't raise the price or the value of Unobtanium. You need to have movement of funds, with new buyers entering while previous buyers hold; this in effect causes deflation (less supply available for trade) for the buying market and raises prices. The ways we will see an increase is by the Unobtanium team investing time/money in marketing and development. I have not personally seen any sign of this. To be totally honest, this coin seems to have some sort of community over the years, but the activity is not specifically high. The team has also shown no signs that there is much or even ANY development. This is certainly disappointing as I'm sure many people bought in at highs and are suffering substantial losses as the price widdled back down to where it started before the boom on the 20th.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 26, 2017, 05:27:46 PM
Just see, UNO was removed from Bittrex. Any reason for that? UNO was one of oldest serius coins, deseved to be trade there. Understand, trade volume was not bigest there, but still.


Bittrex is serious about volume. If a coin isn't consistently seeing 5+ BTC in trades daily, it will get removed.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 25, 2017, 10:08:57 PM

shallow minds

This is my last comment on this coin and matter.

Stupid people

Dummies.


You seem upset.
I grabbed 15 UNO after the crazy hype @ .0101, and moved my tokens to Cryptopia shortly thereafter. Of course some people probably still have their tokens on Bittrex, and they can remain there for another week or so. Bittrex allows 2 weeks for people to liquidate before they close the wallets of a delisted coin.

This info is posted by Bittrex here:https://support.bittrex.com/hc/en-us/articles/202583874-Bittrex-Market-Removal-Policy

Screenshot:

4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 24, 2017, 06:11:29 PM

Very interesting. I'll have to look into this more and see exactly where they get these numbers from and what determines the accuracy.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 24, 2017, 01:34:18 PM
The ridiculous pump and dump as you call it was nothing to do with uno,just Bittrex up to its old tricks of pumping a coin before delisting to sell off there wallet supply.Most old timers in crypto know that this happens and get a chance to sell a portion of their coins at a silly rate only to buy back later after the dump.
Proof?
d00d proof was what you just saw happen.
Delist notice.  Most withdraw deposits.  (ie Limited supply).
Then jack to 300 confirms (like 15hrs).
Next power dump.
Next power pump.
Laughable.  Even criminal.
UNO may take a while to stabilize after this wild ride.  (plus the BTC top needs to blow off)
But it is best to be no longer attached to such a shenanigans exchange house.


Bittrex still has the highest number of coins and volume offered, what alternative would you recommend ? They started as a very customer driven alternative to Polo, it would be a disastrous blow to all alternative currencies if Bittrex turns out to be an immoral organization...

Is there a logical explanation to why a coin would pump so high right before getting delisted ? It's not like an exchange would veto its own decision to delist if volume suddenly increases, and people who don't liquidate on time would lose all their coins, so if anything, an impending delisting should lead to the collapse in price, so the opposite pump  was really very strange behavior indeed...

It looks to me like someone wanted to get as much Uno as possible before the market closed. Support of that theory is that the #1 wallet added nearly 4K of uno after.




Where are those stats taken from?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 21, 2017, 06:54:54 PM
Of all the Alts out there, UNO has THE MOST LIMITED SUPPLY (Only 250,000 coins). It is unfortunate that Bittrex has played shenanigans and caused this 'bump in the road' that is causing you concern, but my plan, HOLD - long term !

Panic dumping is pointless and is the only guaranteed way of loosing money. There many people out there that would love to make money off of your fear, and they will try to increase your panic. Only the brave make make money in crypto.

250,000 is not the most limited circulating supply: https://ibb.co/bHZe86.
Limited circulating supply does not mean that a coin has value, it just means that the value is dispersed among less coins.
If this coin has no value, the price has no foreseeable reason to go up in the future.

I would love for the coin to go up as I picked up a couple for cheap, but I'm not delusional. Please show me some good reasons on why people should use this coin and I'll be psyched.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 21, 2017, 01:03:42 PM

UNO may take a while to stabilize after this wild ride.  (plus the BTC top needs to blow off)
But it is best to be no longer attached to such a shenanigans exchange house.


You see this coming back? The low supply is cool, but do people use this coin? I'm not sure that it has a user base, or if anywhere accepts this coin.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 20, 2017, 05:12:59 PM
The ridiculous pump and dump as you call it was nothing to do with uno,just Bittrex up to its old tricks of pumping a coin before delisting to sell off there wallet supply.Most old timers in crypto know that this happens and get a chance to sell a portion of their coins at a silly rate only to buy back later after the dump.

Proof?
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC! on: October 20, 2017, 02:16:28 PM
Haha, no one talking about the ridiculous price pump and dump?

I imagine we won't be getting any future development as the developers are probably busy buying their lambos with your bitcoin.
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