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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.0  (Read 1039179 times)
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August 14, 2014, 05:20:14 PM
 #1721

Its like you guys can't read.

I don't even know why i bother.  I'll let you all argue against points I wasn't making while ignoring the issue I was concerned about.  I'll not feed you any longer.  Get back to posting cool pictures with UN pasted on it.

Hi,

I don't think anyone was ignoring your concerns as they are valid. Sometimes when posting, commentors do not see the other posts before posting. Perhaps a communication issue.

I as well am against POS, but believe that we have excellent developers who will find a great solution for this great store of value.


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Hate Inflation? You'll love $UNO
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August 14, 2014, 05:22:50 PM
 #1722



Jesus.  Show me where I said it was dying.  I didn't.  In fact, what I said was *MAYBE*, in a few months, when the reward lessens further, that MAYBE we IF the price hasn't increased that we MIGHT have to consider other alternatives to keep the coin rolling.  


that is right. But price will very likely increase. I agree on being watchful though.
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August 14, 2014, 05:33:48 PM
 #1723

price at cryptsy now: 0.0044 up from 0.0041 earlier


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August 14, 2014, 07:39:59 PM
 #1724

I'm really fed up with Cryptsy, having to withdraw 1-3 UNOs at a time. I have only used BTC-E for other trading. Any suggestions as to the next two best UNO exchanges?

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August 14, 2014, 07:42:58 PM
 #1725

I'm really fed up with Cryptsy, having to withdraw 1-3 UNOs at a time. I have only used BTC-E for other trading. Any suggestions as to the next two best UNO exchanges?

for buying Uno this very minute mintpal has the lowest prices.
Other than that there is bittrex.com and coinbroker.io is emerging (but doesn't have an awful lot on the book).
If you wanted to buy 100 Un today you'd probably go to mintpal or bittrex if you didn't want to use cryptsy

cryptsy is certainly bugging as usual today - can't even log in currently and have withdrawals pending for hours now.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
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August 14, 2014, 08:37:38 PM
 #1726

Its like you guys can't read.

I don't even know why i bother.  I'll let you all argue against points I wasn't making while ignoring the issue I was concerned about.  I'll not feed you any longer.  Get back to posting cool pictures with UN pasted on it.

Lol I have legitimate concerns about the future of the coin as well. Not that i have solutions, just concerns. Even 16Th/s is really nothing given the hardware that exists out there for mining sha. I have said, and will keep saying, rarity alone is not enough to sell the coin. No one gives a shit about how rare it is if it is worth nothing. To play devils advocate, even if the coin is worth a million dollars, why would someone want the coin, over a million dollars? Btc doesn't have inflation either, no coin with a fixed amount of coins has inflation, so it isn't something exclusive to uno.

I see the market as very competitive and ever growing when it comes to crypto. That reason alone should be enough to drive home the point i keep trying to make. I get it as well, no one really has anything of value to pony up for uno, yet we all want it to be worth a lot more than it is. Not gonna happen. This isn't fud, this is reality.

I see a lot of similarities between this coin and Potcoin, as both coins are just very generic coins. The hook for this coin being it's rarity, the hook for potcoin being pot. Neither one makes any contribution to new technologies. Not always a bad thing, it just depends on what the goals are.

The images are cool as they breathe some life into the forum and keep things looking active. Really though, nothing has happened with the coin since wolong, and nothing happened with it before wolong. Wolong is/was uno. It is the only time the coin ever saw any type of action. The coin didn't crash into oblivion after him, but without someone who appears to have large sums of money taking interest in the coin, i can't see many others doing so either.

Coins are becoming a dime a dozen, well literally a lot cheaper than that, the desirable technology behind the coin fad is the block chain. That is the bread and butter, the coin is just the carrot to keep people mining so the chain lives on.

There is a difference between spreading fud, and having rational discussions about where people would like to see the coin and what steps could be taken to get there.

I know someone has mentioned voting, that doesn't do anything for me. Totally disenfranchised with the way voting works to begin with. Although if people think it is worth while, pursue it. I don't like proof of stake. It directly negates the impact of decentralization. Which is a myth to begin with, right off the bat any network is either centralized to the people mining it, or staking it, how ever you wanna split the hair. That said, PoS only benefits early adopters and adds incentive for bag holding so others can dump.  At least with mining the coin you are presented with the option of buying a miner or buying the coin, with these wholly PoS coins, your only option is buying the coins, can't fuckin mine them. Oh i am sorry, that three day ninja launch window is usually more than enough time to get your hands into that pot ;P

So yeah, not a big fan of proof of stake. The merged mining is the best(only?) solution really. More so when the rewards next split. It just doesn't make sense to mine the coin, even if ya really like it, if ya make more mining btc and then buying uno with that. Or any other coin. Of course the circular logic people love to use then is that people will not sell for a loss and they will hold and eventually the coins will be traded at a fair market value. It also doesn't ask the question as to WHY?

Why would people want uno, with everything else that is out there? After you answer the question with, it is rare, and there is no inflation, what is left?

To quote Dido;

But if I didn't say it, well I'd still have felt it
where's the sense in that?

I promise I'm not trying to make your life harder
Or return to where we were

I will go down with this ship
And I won't put my hands up and surrender
There will be no white flag above my door
I'm in love and always will be (with uno)

We can't grow when we won't criticize ourselves!
-->>>Unobtanium - The crypto you keep!<<<--
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August 14, 2014, 10:37:00 PM
 #1727

Thats fair Blazr and I'd certainly prefer it that way.  As long as we look at other solutions should the problem I described develop.

Our Devs are aware of the potential problem, and they have various merged mining options to consider.  I'm glad that Blazr2 told you guys about his work with DUO. I think it's an exciting option for Un.  

The solution I prefer, though, is within the community's influence. Let's raise the value of Uno so that it continues to be attractive to miners. Smiley

I keep 100 ghs on Un solo, all the time, profitable or not. I'm just odd that way -- I'm in this for the fun, not the money (I consistently find that money follows fun, but that's another post for a different topic). I haven't found a single block in three days now, and I'm discouraged. When I'm a discouraged Un miner, that's good news for Un. The fewer blocks I find, the healthier the network. Keep me sad.

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August 14, 2014, 11:20:40 PM
 #1728

Its like you guys can't read.

I don't even know why i bother.  I'll let you all argue against points I wasn't making while ignoring the issue I was concerned about.  I'll not feed you any longer.  Get back to posting cool pictures with UN pasted on it.

Lol I have legitimate concerns about the future of the coin as well. Not that i have solutions, just concerns. Even 16Th/s is really nothing given the hardware that exists out there for mining sha. I have said, and will keep saying, rarity alone is not enough to sell the coin. No one gives a shit about how rare it is if it is worth nothing. To play devils advocate, even if the coin is worth a million dollars, why would someone want the coin, over a million dollars? Btc doesn't have inflation either, no coin with a fixed amount of coins has inflation, so it isn't something exclusive to uno.

I see the market as very competitive and ever growing when it comes to crypto. That reason alone should be enough to drive home the point i keep trying to make. I get it as well, no one really has anything of value to pony up for uno, yet we all want it to be worth a lot more than it is. Not gonna happen. This isn't fud, this is reality.
...

Why would people want uno, with everything else that is out there? After you answer the question with, it is rare, and there is no inflation, what is left?

I really enjoy your posts, and you always raise some good points.
Yes, there's tons of crypto. I own millions of coins from more than 100 cryptocurrencies, most which are are absolutely worthless today.

You're right -- rare alone isn't cool.  Macrocoin (200k) is dead.  Arkenstone (200k max) is virtually dead and is being mined at extremely low hash. KashmirCoin (1000 max), essentially dead. Could it happen to Un?  Sure, I can envision doomsday situations that could bring that about.

I think part of what we're building here is the first successful crypto-commodity. We're already nearly a year into this experiment, and obviously many other rare cryptos have already failed where Un is succeeding (or at least surviving).  Un will never replace Btc, that's ok; I don't think it has to. It just needs to be a good commodity first, and a decent currency second.  There's a certain economy that is being built around Un, and you are part of it. This economy is predicated on the realization that Un has been so-far more successful in this space that other similar cryptos, that the value of Un has been relatively stable, and that there is a certain "gold standard" here.  As a group we're also well informed about how this coin works, it's production schedule and dwindling supply. We're more apt to hold Un long term because we understand this.  We all had our chance last March to let this coin die and sink into obscurity, just like 500 other coins, but you saw something in Un that was worth saving. What was it you saw?

I could be totally wrong about what is going to happen to Uno. I am often wrong (ask my wife, kids, employees).  It's my goal to own all of Un, so I very well may be the last person here, trading with myself.  Either I get rich with Uno, or I get to own all of it and say in my last post here, "I win!"



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August 14, 2014, 11:37:03 PM
 #1729

@ FK haha ... 'keep me sad' ... lol
and forget it: you will never own all uno ;P

@sirsmokesalot :
we don't need wolong. We don't need crazy pumps. We have a community and we can trade this leasurely up to its real value. If it takes 8 weeks or 8 months is of no importance. I haven't seen wolong at uno since. Maybe he is hiding maybe he's coming back, maybe not. Uno doesn't depend on him.

Uno is not a ripoffcoin - uno is a clean coin like litecoin and bitcoin thus it is fit for massadoption and no taint is holding it down. And that is what counts.

Look at bitcoin - it's all about the community. The community backs the coin. This community is solid. Unos' backing is solid. It can go places. It works reliably and did not experience any major bugs or things like that. There was never a hardfork. It is as clean as it gets.

merged mining: we only really need it if price wouldn't rise, but it does. We can have it to attract more hashrate. Merged mining makes sense to keep the miners happy because they can mine two or three coins at the same time.

generally speaking: since uno has no premine and is crypto there is no boss or something. It's original decentralized crypto. If you see a problem: fix it. If you think there is more promotion needed: do it. The coin is a community-effort, decentralized as it should be.

"Why would people want uno, with everything else that is out there? After you answer the question with, it is rare, and there is no inflation, what is left? "

everything else that is out there is tainted in some way - or at least the most of it. I hate to say that but that's the reality. So no1: uno is not tainted. No2: it is total minimal inflation. May i ask what crypto was originally designed for? Did someone read what Satoshi Nakamoto was writing? Cryptos first goal is to provide an alternative to a centralized and corrupt monetary system. Crypto shields your wealth against monetary inflation. Uno is a store of wealth. What else do you want? IRC-chat in the wallet and a hype about that or what? Crypto is not about chatting in the wallet - it's about low inflation, man. It's about protecting your wealth from the corrupt system. Uno does that. Unos' infaltion is lower than that of bitcoin or litecoin. So now you tell me why people would use bitcoin or litecoin before they use uno to protect their wealth, please  Cool
Uno has a place in the list of top-altcoins. It is here to stay. The only thing holding it down was coinex. But that's over now. So see you on the moon, i guess.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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August 14, 2014, 11:52:58 PM
 #1730

price at cryptsy now: 0.0044 up from 0.0041 earlier

Transition from UNderground to groUNd floor for Unobtanium?

It's rare.  It's fair.  It's Unobtanium.
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August 14, 2014, 11:54:37 PM
 #1731

i see. The Uno-saga is like lord of the rings - not a 75-minutes-flick  Wink
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August 14, 2014, 11:59:52 PM
 #1732

price at cryptsy now: 0.0044 up from 0.0041 earlier

Transition from UNderground to groUNd floor for Unobtanium?


slow and steady like the turtoise from the neverending story  Wink

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
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August 15, 2014, 12:06:13 AM
 #1733


Why would people want uno, with everything else that is out there? After you answer the question with, it is rare, and there is no inflation, what is left?


- Good developers.
- Good community that supports the coin.
- Good coin specs. balance of distribution / block reward / security etc.

Uno does what it says on the box. What more do you want?

Most coins are clones of bitcoin at their core and very few offer real innovation above and beyond gimmicks like pseudo anonymity etc. So for me what differentiates a good coin from a not so good coin at this stage in the game is the people behind it and the right specs both of which I would argue Uno has. Rarity is relative, and personally not a fundamental point in the value of Uno in my opinion.

As the altcoin landscape matures and more payment gateways emerge that reduce the barriers in using a coin like Uno for services and goods, then it will be just as useful / useable as any other altcoin out there. So again, the only thing that really differentiates any altcoin out there is simply the three points I outlined above.

Would be interested to hear your idea of what makes a coin worth wanting / using / owning?

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August 15, 2014, 01:11:22 AM
 #1734

i see. The Uno-saga is like lord of the rings - not a 75-minutes-flick  Wink

Haha! YES!  That's it. Lord of the Coins!  Indiana Jones and the Temple of Uno.  Star Wars: Uno strikes back!  Back To the Future of Uno!  The Bourne Unobtanium!    The good, the bad, and the Uno!  The matrix reloaded with Uno.  Evil dead iv: the army of Uno.

sorry, I get carried away. I'm vacation right now for the next week.  Allow me a little leeway here.

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August 15, 2014, 01:11:43 AM
 #1735

I have a question about growing a wider audience to automatically increase demand and thereby price and miners.

Has anyone, while on a crypto-exchange chat room, ever accepted free coins from someone promoting a new coin?

If so or if not, what was your impression of that technique?

If you did download the wallet and accept the coins, did you purchase anymore on the exchange?

Sorry for all of the questions...

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
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August 15, 2014, 01:28:19 AM
Last edit: August 15, 2014, 01:40:20 AM by prominerone
 #1736

@ FK haha ... 'keep me sad' ... lol
and forget it: you will never own all uno ;P

@sirsmokesalot :
we don't need wolong. We don't need crazy pumps. We have a community and we can trade this leasurely up to its real value. If it takes 8 weeks or 8 months is of no importance. I haven't seen wolong at uno since. Maybe he is hiding maybe he's coming back, maybe not. Uno doesn't depend on him.

Uno is not a ripoffcoin - uno is a clean coin like litecoin and bitcoin thus it is fit for massadoption and no taint is holding it down. And that is what counts.

Look at bitcoin - it's all about the community. The community backs the coin. This community is solid. Unos' backing is solid. It can go places. It works reliably and did not experience any major bugs or things like that. There was never a hardfork. It is as clean as it gets.

merged mining: we only really need it if price wouldn't rise, but it does. We can have it to attract more hashrate. Merged mining makes sense to keep the miners happy because they can mine two or three coins at the same time.

generally speaking: since uno has no premine and is crypto there is no boss or something. It's original decentralized crypto. If you see a problem: fix it. If you think there is more promotion needed: do it. The coin is a community-effort, decentralized as it should be.

"Why would people want uno, with everything else that is out there? After you answer the question with, it is rare, and there is no inflation, what is left? "

everything else that is out there is tainted in some way - or at least the most of it. I hate to say that but that's the reality. So no1: uno is not tainted. No2: it is total minimal inflation. May i ask what crypto was originally designed for? Did someone read what Satoshi Nakamoto was writing? Cryptos first goal is to provide an alternative to a centralized and corrupt monetary system. Crypto shields your wealth against monetary inflation. Uno is a store of wealth. What else do you want? IRC-chat in the wallet and a hype about that or what? Crypto is not about chatting in the wallet - it's about low inflation, man. It's about protecting your wealth from the corrupt system. Uno does that. Unos' infaltion is lower than that of bitcoin or litecoin. So now you tell me why people would use bitcoin or litecoin before they use uno to protect their wealth, please  Cool
Uno has a place in the list of top-altcoins. It is here to stay. The only thing holding it down was coinex. But that's over now. So see you on the moon, i guess.


+1000
V500 this is an accurate answer.   You nailed it !....    Who did not understand this can take  notes and reread them until understand it Cheesy...."Why would people want uno?"- i hope we don't need to discus this questions again !

@FK i want also the magic material.  Wink. Many people here are big investors  Wink.  Enjoy the vacation man Smiley

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August 15, 2014, 01:44:53 AM
 #1737

I have a question about growing a wider audience to automatically increase demand and thereby price and miners.

Has anyone, while on a crypto-exchange chat room, ever accepted free coins from someone promoting a new coin?

If so or if not, what was your impression of that technique?

If you did download the wallet and accept the coins, did you purchase anymore on the exchange?

Sorry for all of the questions...

I've seen numerous giveaways at poloinex. Generally people take the coins and put a sellorder up without buying more. Maybe some look the coin up - only few will support it further. I think random giveaways are not helping much. I think exclusive giveaways like i am doing them help way more. If i see a person that is intelligent or i think could be interested in the coin i give them one. I prefer giving one coin to one person where i think he/she will look into it and like it and possibly join the community ínstead of giving 10 random people 0.1 - maybe i am wrong on that one but i think giving away coins from person to person and having a little chat with it is better than just throwing them around at everybody unpersonally and anon.
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August 15, 2014, 02:30:27 AM
 #1738


I really enjoy your posts, and you always raise some good points.
Yes, there's tons of crypto. I own millions of coins from more than 100 cryptocurrencies, most which are are absolutely worthless today.

You're right -- rare alone isn't cool.  Macrocoin (200k) is dead.  Arkenstone (200k max) is virtually dead and is being mined at extremely low hash. KashmirCoin (1000 max), essentially dead. Could it happen to Un?  Sure, I can envision doomsday situations that could bring that about.

I think part of what we're building here is the first successful crypto-commodity. We're already nearly a year into this experiment, and obviously many other rare cryptos have already failed where Un is succeeding (or at least surviving).  Un will never replace Btc, that's ok; I don't think it has to. It just needs to be a good commodity first, and a decent currency second.  There's a certain economy that is being built around Un, and you are part of it. This economy is predicated on the realization that Un has been so-far more successful in this space that other similar cryptos, that the value of Un has been relatively stable, and that there is a certain "gold standard" here.  As a group we're also well informed about how this coin works, it's production schedule and dwindling supply. We're more apt to hold Un long term because we understand this.  We all had our chance last March to let this coin die and sink into obscurity, just like 500 other coins, but you saw something in Un that was worth saving. What was it you saw?

I could be totally wrong about what is going to happen to Uno. I am often wrong (ask my wife, kids, employees).  It's my goal to own all of Un, so I very well may be the last person here, trading with myself.  Either I get rich with Uno, or I get to own all of it and say in my last post here, "I win!"


Haha, thanks! They really do come from love Smiley


Would be interested to hear your idea of what makes a coin worth wanting / using / owning?


I struggle with this idea every time i consider a new coin. I don't really believe in propagating coins that i think to be scams. Even if i think i could make money on ipos and day trading, which i don't think i can, i doubt i would participate in them anyway. I think the space is far too new to even entertain the idea of an ipo type thing. Except for ether, that is the first ipo to have danced around my mind. It beckons me forth with it's siren song.

I think most of the coins coming out now, literally 99% of the coins coming out, are quick con jobs meant to rob people. Well that is a bit harsh, leave people holding bags, that sounds a bit nicer. My view point is rather pessimistic of the whole thing. I stay away from coins with ipos or what ever you wanna call them. Not my cup of tea.

How many coins out there exist solely for the purpose of adding life to the expensive gpu mining rigs people have? When i got started lurking around the crypto world last august things were a LOT different. The alt scene has become obscene in terms of volume of coins. I think the cycle happens to keep perpetuating due to all the new comers into crypto. They all want to catch the next btc. I really don't feel there will be another btc. It does what it does, and it does it well. Like the highlander, there can be only one! But maybe there will be a couple more.

Soooooo, there are some neat ideas out there. I am often at a loss trying to think of what would stand well next to btc. I am not invested in ethereum or anything but that looks pretty interesting even considering it's ipo status. It doesn't seem to want to be another coin as much as it does a platform or at least that is how they are billing it. It confuses me on how i am going to use the coins though, and i know(okay i don't really know but it seems to be the case in most of these types of coins as all the talked about features are usually miles down the road and no one has patience anymore because they could have used that money they spent to invest in a different coin that maybe would be the next btc but now they can't because they are trapped, trapped i say, in this failing scam coin, oh the humanity!) people are going to panic and drop the price eventually. That will be when i swoop in and gamble, or i miss the ship and my life is in no better or worse of a spot than it would have been, like i never heard of it.

I like xmr because it offers some features that btc doesn't offer, and the volume behind it is rather substantial at polo. The giant public ledger is awesome and all, but sometimes you don't want the world to know you are buying sex toys, sometimes. I feel like it is more of the hold i am looking for than ltc is. More volatile in that i think if it does catch on it will be a bit larger. It depends, everything is speculation. Potcoin, because check the name, duh! In my mind, all it will take is wider legalization. If enough people accept the coin to the point where a 10 potcoins are a gram, maybe, just maybe! They also have a good marketing team set up to promote the coin, i like that part. Plain coin, no confusion, efforts focused where they should be, imho. Also have my grimey fingers in cannacoin, looks like a more home grown approach to what potcoin is doing.

That leaves me with uno, the only other coin i hold any considerable amount of money in. Which has been around for almost a year! That is a long time for crypto! It hasn't been really volatile at all! Like if you stuck with it from the start and held it for a year, you weren't punished for doing so! That is pretty awesome now that i think about it as almost every other coin i have held for a while has eventually crapped out. It is my anniversary coin too, or at least i consider it as such. It came out as i was getting my miners set up, it was one of the first alt coins i mined! It was the first coin to offer the rarity thing, at least the first i was aware of. I dismissed it at first, but eventually the trollbox at coinex talked me into it. I have always just felt like things that are scarce for the purpose of creating an air of rarity about them to increase their value are meh. I think marketing has burned me out on that one though, everything is a limited edition any more. Cereal, soap, candy, trash bags. I really wanted to participate in the coin and see where it went.

I hold the things i like in my life to a higher level of scrutiny than most other things. It helps me understand them a bit more, and i like to try to improve the things i like so that i can like them more and like the fact that i like liking them. Like, cha! I am glad FK and everyone else can see this! The community really is what has helped the coin along by supporting buying at the current prices. It is hard, almost against our nature, to buy at the price we want to see the coin at, instead of the lowest price we possibly can. I guess i am most frustrated that there isn't ONE simple thing to do to get a lot more people to see the potential behind the stability of the coin. I keep trying to think of a way to sustain the value of the coin. The "simple" one would be an uno multipool. Where people can mine scrypt coins, well hopefully any coins but scrypt makes the most sense, and then the pool sells them off for btc and uses the btc to buy uno. That lacks any originality though but it might help get a couple more uno into the hands of people who want it. I would like to think that people that mine on the multipools usually want the coin they are mining for, to hold for at least a little.

We can't grow when we won't criticize ourselves!
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sirsmokesalot
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August 15, 2014, 02:50:20 AM
 #1739



everything else that is out there is tainted in some way - or at least the most of it. I hate to say that but that's the reality. So no1: uno is not tainted. No2: it is total minimal inflation. May i ask what crypto was originally designed for? Did someone read what Satoshi Nakamoto was writing? Cryptos first goal is to provide an alternative to a centralized and corrupt monetary system. Crypto shields your wealth against monetary inflation. Uno is a store of wealth. What else do you want? IRC-chat in the wallet and a hype about that or what? Crypto is not about chatting in the wallet - it's about low inflation, man. It's about protecting your wealth from the corrupt system. Uno does that. Unos' infaltion is lower than that of bitcoin or litecoin. So now you tell me why people would use bitcoin or litecoin before they use uno to protect their wealth, please  Cool
Uno has a place in the list of top-altcoins. It is here to stay. The only thing holding it down was coinex. But that's over now. So see you on the moon, i guess.

Someone please correct me if i am wrong here, but i really thought the idea behind bitcoin was the block chain, or proof of work. The coins are only there to give motivation to people to continue the block chain. I don't understand a lot of it, but in my mind it will eventually work like a notary public, and i am not even sure how they work. I know they are usually involved with legal binding documents. But we could eventually enter a contract and use the block chain to document that we entered into a contract so that everyone can see we did so if one of us tries to flake on it or what ever it might be. The fact that neither one of us can then go back and alter the original document without being caught is what makes it so appealing as the chain would fork. Bitcoins are just the by product. They are a digital paycheck for your mining efforts on keeping the chain rolling. This whole decentralized currency thing, i dunno. There will ALWAYS be some form of centralization. Banks aren't bad. Having a place to go that will lend you money isn't a bad thing. Some of the shit they do, yeah, that can be messed up. The mere concept of a bank, at least in my eyes, is not a bad thing.

Why wouldn't btc, uno, and ltc all have the same inflation? There are going to be 21 million btc out there. The number of possible bitcoins that can ever exist is already known. How can there ever be inflation on that? It is already know there will be 21 million. It isn't like this year there is 1 billion dollar bills, next year they print another billion dollar bills, so now the total number of dollar bills is 2 billion. That is inflation. The issues with the current corrupt systems are far far greater than inflation, sadly. American dollars are back by debt, how can that even be? it makes no sense.. NONE. It is cool guys, i would pay you, but i invested in the fact that this guy owes a bunch of money + interest payments, when he pays it back, i will pay you! Now if i could just get someone to invest in me and my debts.. sorta sounds like a ponzi scheme. America is doomed, but i am getting a little preachy.

We can't grow when we won't criticize ourselves!
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August 15, 2014, 03:08:57 AM
 #1740

If you're as crazy as I am, go buy 1 or 5 of these.  Point them at Uno, let them go and forget about them. Sure, you could spend months on Multipool.us's  port8888 switching between "profitable" sha coins trying to earn a few extra dimes/%. Or, you could point them at Uno, learn a ton about mining, support your favorite coin, have a lot of fUN, and know that you are core to the Uno community. Sha equipment prices are falling rapidly. That's why I don't think we'll ever fall much farther than the inflation-adjusted Th/s that we are right now. I expect to have at least 1/ths pointed at Un in 6 months. 18 mos ago, 10 Ghs cost nearly $500. Now it's about $20 + shipping & handling.

http://bitcoin-shop.tumblr.com/post/94777543320/butterfly-labs-60-gh-s-bitcoin-miner-bfl-10

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