Decentralised-Liquidity Exchange -- 'D-L-Ex'

[IMZ]

Initially, I would believe so as well. Especially if we switch to the code which alleviates the block issues first.

I never trade after dark, therefore not on Friday after dark -- gawd!! Is Bitcoin always this slow?

And: gleefully struggling with the reality of trying to pick up 'stock' for the D L Ex without pushing up the price; but there's just less and less available. I just nudged the C-Cex price up to 0.003.

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[RDDRocket]

Some tons have been bought up to get us to where we're at and folks are scared to sell any more this low.

As long as you pay a priority fee in between medium-high (14-20 cents worth of BTC) for the tx I've noticed it's still the same as it was a few years ago. About one exact hour to get 6 confirms, give or take sometimes 15-20 minutes. I've noticed when I use low fees of around half that amount it can easily take a few hours. No tx fee and you may never get into a block. You can still currently get away with sending with no or very little tx fee on the UNO blockchain, until it's processing a lot more transactions.

[IMZ]

Uno-Ag Price-Tracker

D L Ex: Proud sponsors of Uno's Sydney node

Nearly had a trading-glitch. May I humbly suggest we refine our trading-protocol? Details to follow

Trade 100 Uno for Falling Knife: complete

Let's watch the price for a couple of days, but there are over 300 Uno in stock. [There's 100 for 0.281 Btc if any one wants them.]

[IMZ]

‘While designating this mechanism to only be used during extreme 'adverse conditions', the fact that the global financial and banking systems are teetering on another 'Lehman Moment' means that the government could co-opt your money at any time, and is a backdoor way into moving your retirement and pension assets into Treasury debt instruments to help fund the government.’

http://www.thedailyeconomist.com/2016/10/got-gold-today-new-sec-rule-goes-into.html

Forget the terms. The nitty gritty is that a range of new and global policies now mean that (a) fiat currencies will steadily buy you less bread for your buck, and (b) They can take that fiat away from at any time anyway.

This is a fine argument for an instrument like Unobtanium.

Here’s me, more than two years ago:

https://www.reddit.com/r/CryptoMarkets/comments/242i41/crypto_prices_and_the_global_financial_crisis

[RDDRocket]

Greetings, Mark! (Everyone else as well)

I've received the silver bar today in the mail. Interesting little bar. I don't have any XAG bars, so that's a plus. Let me know what spot you paid so I can send you the proper amount + shipping & Handling. Thanks again!

I will send, then you can post and mark the trade complete here. I don't know about trade number.

[IMZ]

Greetings, Mark! (Everyone else as well)

I've received the silver bar today in the mail. Interesting little bar. I don't have any XAG bars, so that's a plus. Let me know what spot you paid so I can send you the proper amount + shipping & Handling. Thanks again!

I will send, then you can post and mark the trade complete here. I don't know about trade number.

Morning, RDD! Don't worry about the postage. You can pay it on the next project.

13 Uno to my signature address, please.

[IMZ]

Uno-Ag Price-Tracker

D L Ex: Proud sponsors of Uno's Sydney node

Okay, I'm here. There are about 250 Uno available if you ask. [Still sizing up the market: a lot going on![

Falling Knife notes (on Unobtanium.uno chat) that Uno is on Bitsquare. I personally luuuurv the idea of dexchanges, but dislike Bitsquare. Must have another look. Please do offer reports of your own.

Check CBX, once the 'POS opposite number' to Uno. It's market cap has slipped under $100K, and its volume was six bucks yesterday. Sic transit.

I'm on deck today. Back later.

[RDDRocket]

I sent 14 UNO, Mark. You should have in the next minute or two with this hashrate. Just about sitting back on 2 Petahashes again.

International 1 OZT silver bullion trade from IMZ to RDDRocket for 14 UNO: Completed

Transaction ID:  cc359b05b0a6cdb379b3a23390758470b472998ea4b7b9e94b10d1c0854e8203

Also added positive feedback. Let's make sure we're adding our feedback when using the DLEx, we're working in trust here.

[IMZ]

I sent 14 UNO, Mark. You should have in the next minute or two with this hashrate. Just about sitting back on 2 Petahashes again.

International 1 OZT silver bullion trade from IMZ to RDDRocket for 14 UNO: Completed

Transaction ID:  cc359b05b0a6cdb379b3a23390758470b472998ea4b7b9e94b10d1c0854e8203

Also added positive feedback. Let's make sure we're adding our feedback when using the DLEx, we're working in trust here.

Woo hoo!

Trust? So far, I've been working off the original Trusted Traders list from Un-Ex, contacting the TTs one by one.

[IMZ]

Trade ABC123: will sell 100 Uno for 0.281 Btc (0.00281 per)

[BitcoinNational]

"dexchanges should be, IMHO, very carefully considered"

"Bitsquare provides is not at all the sort of 'Wall-Street price discovery' that has characterized cryptos since Mt. Gox? but rather a slow-motion reality, something more akin a village marketplace"

--
within those words are the core principles of 'D-L-Ex'
running on the old legacy 'trust' tech, of which is only granted via merit and time.

my point is 'D-L-Ex' is 'THE dexchange 1.0'
and the polar opposite are exchanges like Bitfinex, Cryptsy, and Polo

everything else will fall in between

[IMZ]

Hola, B.N. As usual, you dig it.

Now, assuming that lil 'ol me is still administering here in say, three, four, five years, what cheeky percentage of all Uno trading might be being undertaken here?

[BitcoinNational]

Hola!

10% trade ... because it is simple math.

"effect on Oct. 14 where investors and pension funds who do not have their money in a security can summarily have their cash reserves moved into U.S. Treasuries rather than money market funds."

done deal.  all $ held on account will be turned into T-bills ... game over folks.

[IMZ]

Uno-Ag Price-Tracker

D L Ex: Proud sponsors of Uno's Sydney node

Trade ABC123: will sell 100 Uno for 0.281 Btc (0.00281 per)

Policy at this second? Got about 350 Uno in the 'holding-tank,' and 100 or so keeping up volume on Bittrex. As interest strengthens, I will up the ante.

EDIT: Uno's price on Bittrex just crept over .003

[BitcoinNational]

Bittrex goes to .004 if 1 BTC goes to market.
Also UNO enters year 4, tomorrow, marking the 13th quarter of trading 24/7 on dozens of exchanges, and well beyond 100 markets.

[BitcoinNational]

"I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash."
   
Professor Milton Friedman, 1999

[IMZ]

Uno-Ag Price-Tracker

D L Ex: Proud sponsors of Uno's Sydney node

Trade ABC123: will sell 100 Uno for 0.281 Btc (0.00281 per)

[IMZ]

http://www.telegraph.co.uk/business/2016/10/16/euro-house-of-cards-to-collapse-warns-ecb-prophet/

The Bitsquare Thang -- dexchanges?

Bitsquare gave me a headache last time, but it is sweet to see that F.K. has tackled them. So, whether directly or indirectly, D L Ex will bust its hump to provide liquidity in a P2P/dexchange-friendly model.

[And ummm . . . yes: you can buy 100 Uno at this second for way under market price.]

[IMZ]

Uno-Ag Price-Tracker

D L Ex: Proud sponsors of Uno's Sydney node


Trade ABC123: will sell 100 Uno for 0.281 Btc (0.00281 per)

Firstly, Local Merchant swapped a box of groceries for Uno today. (Local Merchant actually already has a nice portfolio of cryptos, and is prepared to try a ‘light touch’ involvement.)

And Falling Knife has bids on Bitsquare. My vision-impairment makes B-square soooo hard for me – shite design, just sayin’ – but more to the point: the requirement that Bitsquare be running while you have trades up is logistically impossible for me.

So, the D L Ex/me is gonna 'run in parallel' to Bitsquare: anything we can do to develop dexchanges.

[IMZ]

John Rubino is always a good read:

http://www.zerohedge.com/news/2016-10-18/world-gone-mad-japanese-investors-edition