I'm curious as to people's thoughts about this pump. Given the smaller community that UNO has, will it be more "loyal" to the coin? I.e. not participate as much as those do in a traditional pump of any ordinary $hitcoin thereby making it harder to pump? Especially since a lot of people have worked hard for the coin since there was no premine? Thoughts?
I hope the community stays together after this. I resisted selling, but eventually had to cash in today for a nearly 400% profit. It was just too good to pass up. I would love the chance to buy back 400% more uno when this is over. Maybe I sold too early, and I hope you earn 1000% in this pump, but as I'm watching now the pump seems to be coming apart. Who knows, maybe he'll pull it off and maybe he's the one benevolent pumper with a big heart and I'm a huge fool for not giving this mysterious anonymous pumper from China my unreserved trust. I guess We'll see how it goes. All I know is that I made some really good money today, and for once I didn't come out on the bad end of a pump. Thanks UNO. I hear ya, the 400% is hard to turn down. Saw on the chat that he's gonna try to get it to 0.1. In this crazy crypto world, I have always taken the viewpoint that any money I've put into this exercise had the potential to be completely lost. As a result, I'm a long-term holder of various alts in addition to BTC. I have tried to identify alts with a great community, a niche service or attribute and then consolidate some holdings for the long-term. I have had great success so far with LTC, PPC, QRK, and now UNO. I look at people that ditched their BTC at $12 back when we were mining with Radeon GPUs and wonder if they wish they'd held those 1,000 coins...I'm sure they do.
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I'm curious as to people's thoughts about this pump. Given the smaller community that UNO has, will it be more "loyal" to the coin? I.e. not participate as much as those do in a traditional pump of any ordinary $hitcoin thereby making it harder to pump? Especially since a lot of people have worked hard for the coin since there was no premine? Thoughts?
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Pumps come and go. I really do appreciate Wolong's efforts. My hope is that the pumps will bring some long-term attention to this coin as it has many great attributes which allow it to be a genuine store of value. Hopefully, others will see that as well and take the price up to beyond parity with BTC
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404 Not found, what was this about? Can you re-up? Thanks It was a running transcript of an IRC that the whale was involved in talking about the pump
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fallingknife,
wirds to live by:
"Pigs get fat and hogs get slaughtered"
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Pump on! Great to see some action on this coin, especially as other coins are tanking!
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Yeah, I don't get it. Anyone else know why / how this would happen?
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Did the block halve again? miners-point.com halved the reward...but it looks like they did it early?
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This sucks, sorry for your loss and thanks for the head's up!
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About 17.5 BTC buys 2500 UNO (1% total supply) on Cryptsy orderbook from 004 to 007. That's a "good" amount!
With Bitcoin I saw a lot of recommendations to just get one... and then one would lead to 2, 3, 4... I think Unobtanium is the same way, especially at under $4.00 per UNO.
I don't disagree with your analysis. However, the one current difference between BTC and UNO is its adoption rate. I don't see the excitement right now for UNO and it seems like us UNO enthusiasts are trading against ourselves? I have a nice position in UNO. It's not up to 1%. How do we get people to guy 1 , then 2, then 3, etc?
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May I ask how many UNO you guys have? Currently I have about 170 UNO. I'm doubtful if I should invest into it some more. There doesnt seem to be a big community for UNO yet, or am I wrong here?
You've got a great start. Keep going! :-) I'm curious as well what people think is a "good" amount? Is it .1% of the total coinage? .01% .0001%? Anyone's thoughts?
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The coin faucet says "N/A" where the donate UNO address used to be. Razzle - have you seen fyrstikken's videos on youtube? Especially the "Big Boy Cryptos" video - http://www.youtube.com/watch?v=Wk38ALRJPl0If only 1,000 people buy as much UNO as you, that would be more than half the total supply. 170 x 1,000 = 170,000 of 250,000 Whether you invest more or not, it is easy to understand how even a small UNO investment could pay off with higher demand and shrinking supply. I don't know about 1000 Uno's, but I'm trying to buy some more today to hopefully get to 200 With as low as the price has dropped today, it's a great time to buy!
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UNO is just another unknown alt coin clone, unless we get out and spread the news. It starts one person at a time. One tweet. One post. One like. One forward. One share. Give positive support to those who have something good to say about UNO, and find any opportunity to draw comparisons that flatter UNO (i/e Doge vs UNO). It has to build from there. If every one here bought a few coins every day, or posted one message, it will start adding up and hopefully encourage someone with time and energy to come forward and crank things up for the community. I don't condone SR-like services, but if you want any coin to move, I imagine sending messages to a service like that using Un would be a good start. That's what put BTC on the map in 2011. What is an SR-like service?
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What should the price of unobtanium be today?
"What happens when mining reward halves?"
"First of all currency supply from mining also halves, But it doesn’t mean that prices will always rise, because there are coins circulating which were mined before that date. However when market is stable reward halving causes increase in price. This is what happened in the end of 2013 with Bitcoin price, when for the first time Bitcoin mining reward halved from 50 to 25. Many people knew about that and begin purchase for that event and expected bubble."
You ask an interesting question. When the reward halves, of course, there will be fewer coins trickling onto the exchanges. There was post recently that showed that UNO has been producing coins faster than expected. https://bitcointalk.org/index.php?topic=313126.msg4808753#msg4808753 But certainly there will be fewer coins. A fair price for UNO is speculation, of course. It's worth what someone will pay for it. But given it's a SHA coin, limited issue, with a community, a valuable fair start, no premine... it just seems to me it should at *least* double the current price, to .01 or .15. I expect it to go much higher than that, but even in the short term it seems grossly under priced here. It's really just 20% above its recent lows. UNO just had a bit of a rally to around 0056 this past weekend. I watched some buyers tear down some walls (nothing too major, a wall in this market is only about 1 btc right now). When UNO first hit exchanges there was a price spike, and there were some buyers who got in high a month ago who probably want out, and I suspect some of them have been putting some downward pressure on UNO to get out from under those positions. We'll just have to work through that. Hopefully those positions aren't too substantial. I take heart knowing that there's nobody who pre-mined 10% of UNO waiting to drop a bomb. Everyone who owns it today either mined it fairly or bought it. The best situation would be larger investors continued to hold back their buy orders. Cryptsy has around 1.5% of minted UNO listed, as far as I can tell, so it's pretty thin availability. It doesn't take much BTC to rocket the UNO market right now. To get to .07 right now from .05 would only require about 13 btc. I'm content to sit on my coins for at least the next 6 months until this catches fire, will continue to buy up coins that drop below .05. What needs to happen, in addition to accumulation by believers, is some good old fashioned marketing, promotion, outreach to bloggers, differentiation of UNO, and continuing to show there's a UNO community. I retweet anything having to do with UNO to my followers, and just otherwise try to lend what support I can to the coin. We just need to sing the coins praises, and make sure it's good product overall. Fallingknife, I completely agree. It seems that the upswing on UNO may take some time, but in the long-term (for the reasons you outlined above) it should become quite an excellent store of value...especially for those who understand the technology or are developers. I have been acquiring UNO regularly on Cryptsy on dips. There are people selling it on Ebay for $37.5 / coin who have been selling some. I think, however, that the coin needs a bit more action and excitement on the boards. Not exactly sure how to get it there tho...
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you still have the doges?
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