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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5  (Read 1044106 times)
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natmccoy
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January 04, 2016, 11:50:11 AM
 #11421

before you create a 'brain wallet' for any coin I strongly suggest you research why brain wallets are no longer available for btc

Great point. It should be long and random. Save the phrase in an encrypted USB drive or on a piece of paper that is hidden very well, then memorize it in case you lose the paper.

blanketviolingrasspaintcoppersilencesoultentalgebramacaronistuffedwalrus, could be memorized with a little effort and would likely be safe for the next century (unless quantum computers become powerful and common). You can make it longer, use more obscure words, or add numbers to make it even more difficult, just be sure you never lose your backup, allow it to be compromised, or forget it.

A few months ago I left a small amount of UNO in brain wallets with very simple phrases, like UNOwallet1, supernova, etc. This was to check if anyone had a computer scanning and automatically extracting coins within simple brain addresses, none of them were taken after a few weeks (that reminds me, I still have some test addresses that I should check.) So the quote from your favorite Taylor Swift song or "MikesUNObrainwallet2016" would actually probably be safe for the next few years since nobody is scanning, but if UNO becomes much more valuable somebody would direct a computer toward the task and your coins would disappear eventually. If you make a bitcoin brain wallet "p4ssw0rd" or "correcthorsebatterystaple" it will literally be stolen in seconds. If you use a quote from The Great Gatsby or a popular song it will be gone in hours or weeks.

Using Tails to open the brain wallet page at Cryptap.us avoids any issues with keyloggers if your primary OS is infected. Disconnecting from the internet after opening the page avoids risk of the Tor exit node somehow seeing what you're doing (I'm not sure how likely that is but it's a good precaution)

http://xkcd.com/936/


In short:
Nobody is scanning for UNO brain wallets at the moment, but they might in the future. So make it long & random, write it down, memorize it, then hide the paper. If you're storing a large amount, open the page at cryptap.us using Tails then disconnect from the internet before typing your passphrase.


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January 04, 2016, 12:57:38 PM
 #11422

Good to see Cinnamon Carter here. Welcome.
Good analysis of Bittrex, Nat.

Point well take on the brain wallets. Not everyone's brain is to be trusted, especially mine.

There are many wallet options for Uno.  Running a node would be best for Uno, but if that's too much work, try these options:

Uno paper wallets, https://cryptap.us/uno/paperwallet.html
Co-Pay for Uno, http://hydra-uno.cryptap.us/#!/
JS Wallet, https://cryptap.us/uno/jswallet/

and my personal favorite, Uno Electrum, https://cryptap.us/uno/electrum/

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January 04, 2016, 01:28:40 PM
Last edit: January 04, 2016, 02:13:36 PM by BitcoinNational
 #11423

"a reminder not to use cryptocurrency exchanges as your personal coin vault."
"People should have learned by now that cryptocurrency exchanges are not a place to store your digital assets."
----

re: Which coin is your personal coin vault?

Crypto is in a constant state of evolution.   First and foremost the rule is 'Trust None', as in humanz, trust the numbers.  So you can learn to obtain in a secure manner a string of numbers ... then you are holding the only keys that unlock a 'Fort Knox' level vault.  

The above advice is great.  I've earmarked it for the future investor's FAQ/101 'What's UNO and How do I get it ... and keep it'.

---
Now in reality.  Cryptsy shoulda been a no worries place to store coins.  (same too with Mt.Gox)

The #1 guys never go bust, right?  So the logic behind storing coins on leading exchanges, can fail, there still is no 'too big too fail'.

Next problem is finding a reserve currency.  UNO is focused on being that product.  So if you can hold long term you'll find an exit point equal to or greater than your entry point.  STORE of VALUE.

All of us know that here.  But I also think it is the number one reason to invest in UNO, and that case needs to be presented often and repeatedly until the 'store of value' idea and the UNO brand are self identical.

2016-2017 is the next stage of evolution in crypto.  Before it was all launches and IPO funding rounds.  Now is the era of let's see what crypto can do.  

Conventional wisdom is that BTC is all there is and needs to be.  The shift is making the groupthink start to realize that Bitcoin, Litecoin, Ether are not designed to store value.  They are designed to be liquids and payment rails.  

It is starting to dawn on digital investors that they need a personalized reserve currency.  With just enough daily liquidity to enter or exit short market positions in 'chunks'.  So their coin needs to be attached to multiple markets.  They will also look for active community support, trading advice, and most of all an easy to manage blockchain.  (say under 2GB) ... or even easier ... Uno Electrum, https://cryptap.us/uno/electrum/

They will need and want only one wallet.dat to house 'capital gains'.

Hello UNO Wink

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January 04, 2016, 07:30:40 PM
 #11424

Hundreds of coins were just traded at 0.0029 on Bittrex and Bleutrade. I've gotten about 100 at low prices this week but I'm really regretting not having more bitcoin to buy with right now. Ugh, that poker downswing. I just hope these cheap-as-**** coins are going to someone who will take them off of the exchanges & hold them for a while, not just flip them at 0.004.

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January 04, 2016, 09:20:20 PM
 #11425

Hundreds of coins were just traded at 0.0029 on Bittrex and Bleutrade. I've gotten about 100 at low prices this week but I'm really regretting not having more bitcoin to buy with right now. Ugh, that poker downswing. I just hope these cheap-as-**** coins are going to someone who will take them off of the exchanges & hold them for a while, not just flip them at 0.004.
I saw that. I was surprised it didn't happen sooner, given the cryptsy event.



It  hurts, but these are historic times for Uno, unlikely to be repeated.

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January 04, 2016, 11:21:23 PM
 #11426

Welcome cmg777!

How did you come to know Unobtanium?

Have you been a holder of $UNO for awhile?

Or, did you use Unobtanium to exit your holdings from Cryptsy?

To answer your question, I research it and mine it from Genesis Mining. Also I've bought some from Cryptsy before the Altocalypse and the once again rise of the Almighty-Bitcoin. I've been a holder for awhile and am still surprised at how UNO has remained stable relative to fiat value. I hope this will change in the future. To answer your last question, no I did not use UNO in particular to exit Cryptsy but rather a basket of coins before they too could no longer be withdrawn as is the case right now.

I've heard a lot of talk about brain wallets, what about a wallet that encompasses 2FA authentication through a cell phone or email much like an exchange? Or perhaps make use of geolocation? The only possible issue with these solution would be a slight network slow down especially with geolocation I would imagine.

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January 05, 2016, 05:19:55 AM
 #11427

Bittrex market rebounded nicely, then someone bought up to $4 UNO on the Cryptsy XRP market. Lots of Cryptsy withdrawals today too, that means less coins on the risky exchange and more cheap coins on Bittrex, so set your buy orders up in the 0.003's if you want to collect more during this unique opportunity. I'm wrangling my bitcoin scraps (& playing 10 poker tables simultaneously to get back in the game for real)


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January 05, 2016, 05:46:16 AM
Last edit: January 05, 2016, 02:19:32 PM by BitcoinNational
 #11428

http://coingain.com/unobtanium/exchange

i'm have high hopes coingain is privy to some info that would be most exciting,
but likely just a typo


---------------
UNO fair, rare,
and square
Cool

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January 05, 2016, 05:57:35 AM
Last edit: January 05, 2016, 06:08:10 AM by lxxtikk
 #11429

proto is delisting at cryptopia, sad  Undecided  the wallet is broken and its impossible to send coins
lost money ,thanks
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January 05, 2016, 12:33:18 PM
 #11430

...

I've heard a lot of talk about brain wallets, what about a wallet that encompasses 2FA authentication through a cell phone or email much like an exchange? Or perhaps make use of geolocation? The only possible issue with these solution would be a slight network slow down especially with geolocation I would imagine.

I do warn users on the brainwallet site that use of a brainwallet is unsafe (humans are not sufficient sources of entropy). It's arguable that I'm not explicit enough in my warning... But at least more explicit than the original brainwallet site ever was Smiley

In my opinion, use an off-line generated paperwallet for long-term cold storage or multi-sig electrum with keys on a few different machines for warm wallet storage (say in a multi-sig 2of3 wallet: one machine can be compromised but if it takes 2 of 3 signatures to sign a transaction at least one more machine must be compromised to steal funds).

website | PGP fingerprint: 692C 0756 E57D 2FA1 7601 3729 010B 717F 231C E7AA | BTC Address: 1CrYPTB1o7QWc8hXqBMP2LtAJh1VMtTFBh
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January 05, 2016, 01:41:37 PM
Last edit: January 05, 2016, 03:05:27 PM by FallingKnife
 #11431

Whiplash as the Uno wallet at Cryptsy drains.

Now down to 16,272.6 UNO, 8.28 % of supply.


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January 05, 2016, 06:09:48 PM
 #11432

Scientists are getting closer and closer to discovering 120.



120 will always be Unobtanium to me.

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January 05, 2016, 08:06:09 PM
 #11433

http://coingain.com/unobtanium/exchange

i'm have high hopes coingain is privy to some info that would be most exciting,
but likely just a typo


---------------
UNO fair, rare,
and square
Cool

Is there any reason that CoinGain would have access to information from inside Poloniex? Getting on Poloniex would be fantastic (being listed for margin trading & lending would be phenomenal, but that's one step further). But ya, most likely an error   Cry

They also list Bittrex as having higher KYC/AML requirements than Poloniex which is not true, the ranking should be swapped for those two exchanges.

I did my part a few months ago and sent Poloniex a request to add UNO. If you are an UNO holder & haven't done that, do it now. I would send another one but I'm not sure it would help to receive multiple requests for the same coin from the same person. Maybe it wouldn't hurt though?


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January 05, 2016, 09:22:01 PM
 #11434

http://coingain.com/unobtanium/exchange

i'm have high hopes coingain is privy to some info that would be most exciting,
but likely just a typo


---------------
UNO fair, rare,
and square
Cool

I did my part a few months ago and sent Poloniex a request to add UNO. If you are an UNO holder & haven't done that, do it now. I would send another one but I'm not sure it would help to receive multiple requests for the same coin from the same person. Maybe it wouldn't hurt though?



I agree with Nat. I've also put in a request.  If you trade at Polo, submit a request to add Uno at https://poloniex.com/coinRequest

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January 05, 2016, 10:28:36 PM
 #11435

And so, Coinmarketcap.com has dropped Cryptsy.




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January 05, 2016, 10:47:56 PM
Last edit: January 05, 2016, 11:50:23 PM by BitcoinCharlie
 #11436

Polinex submission complete

EDIT:

As an aside, I checked my coins-e account today and the ten $UNO that I sent weeks ago still have not appeared in my account.

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
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January 06, 2016, 01:58:26 AM
 #11437

Polinex submission complete

EDIT:

As an aside, I checked my coins-e account today and the ten $UNO that I sent weeks ago still have not appeared in my account.

Same with Coinbroker.io.  Coins never arrived. No reply from support.

Coinbroker.io and Coins-e.com are zombie exchanges. Keep away.

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January 06, 2016, 05:04:35 AM
Last edit: January 06, 2016, 05:22:41 AM by natmccoy
 #11438

Coinmarketcap replied about their delisting of Cryptsy on Twitter: https://twitter.com/CoinMKTCap/status/684442293345103872


Today Cryptsy suspended their trade engine: http://www.coindesk.com/altcoin-exchange-cryptsy-takes-trade-engine-offline/

In the comments of the above link somebody mentions that there are $6,000,000 worth of Bitcoin in a Cryptsy cold wallet, if that's true, then: 1) That's insane that people have so much money in there & 2) They probably aren't running a fractional reserve & claims of technical issues could be true.

https://www.reddit.com/r/Bitcoin/comments/3zm3m7/cryptsy_halts_both_trade_engine_and_withdrawals/

https://www.reddit.com/r/dogecoin/comments/3znfd9/cryptsy_suspends_trading/


I'm not sure if withdrawals are working. We're down to 8.25% of UNO there, will that be the final figure or will we have a chance to reduce it further?

Either way, keep it up everyone! I've been using my margin trading funds, lending funds, & selling off other altcoins in order to buy UNO on Bittrex & move the coins to wallets.

EDIT: It seems that trades were just down for 3-4 hours but there have been some large trades on the UNO market in the last few hours. It could be bots, since some people mentioned bot activity while trading was disabled, but I don't think bots usually sell 200 UNO at a time.


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January 06, 2016, 07:56:43 AM
Last edit: January 06, 2016, 08:49:50 AM by BitcoinNational
 #11439

Polinex submission complete

EDIT:

As an aside, I checked my coins-e account today and the ten $UNO that I sent weeks ago still have not appeared in my account.

re: coins-e
Sorry to hear that.  I poked coins-e with a stick and in looks mostly dead.  But it is still up and the 'sign-up' is functional.  So dug deeper ... seems the prime time coins are still active (but really nothing is trading) the only exception was Doge seems to be trading daily in small chunks at fair value.  My best guess is they got frustrated maintaining wallets of crappy coins, so they just set the 'create address' feature to NO.  So you can't deposit on most of the still open markets if you can't generate an addie.  But a piss poor job of explaining that any where.

I think they plan to revamp (just guessing) once the actual alt market is clear, until then the lights are on but no one is home.

------------

re: POLO

We can keep knocking on their door.  But eventually they'll come knocking on our door Wink

There is an alternative way to get access to Polo, still working on it, but if we can discover a network of coins that span Polo_Rex_Cryptopia_Bleu(& cryptsy if they survive) ... then trading back and forth via "proxy" is possible and also potentially profitable.


-------------
RE: Cryptsy suspended their trade engine

Huh just been trading there ... so was i on the ghost ship that still works ... also withdrew a batch of multiple coins ... no problem Huh


------------
RE: EMC, emer coin

When I first saw EMC I thought joke.  But more and more it is starting to look like a solid access point to the BTC/$ markets ... specifically trading the dollar against RUR.  Now I am not really focused on forex, but things are looking good for UNO being part of the mix.  There is another pair SAK that gives access to Jubi Exchange where $ to CNY can be done.  And if I am reading the stars right, FTC is going to be a strong point of access to the GBP/$/Euro pairs.  If uno focuses exclusively just on acting as a SOV for the digital forex fortress ... we'll do alright Wink

But I'd like to think UNO can serve forex players and still find lots of other applications too!

ps ... is EMC tied to NameCoin?  The wallet has some special 'Name' feature.

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January 06, 2016, 12:11:15 PM
Last edit: January 06, 2016, 08:45:34 PM by FallingKnife
 #11440

Thanks for the additional info Nat, on Cryptsy.
I hope they really do have a $6m btc wallet, that they still control.

I'm impressed at how quickly the community was able to drain Uno from Cryptsy.

Lets keep a close watch on that Uno cold wallet.
It just moved and is now at 15,842.5 UNO, 8.06 % of supply.


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