Bitcoin Forum
July 17, 2018, 02:03:05 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 [88] 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 ... 773 »
  Print  
Author Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC!  (Read 1007317 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
IMZ
Legendary
*
Offline Offline

Activity: 1484
Merit: 1000


View Profile
August 15, 2014, 03:31:30 AM
 #1741

Wheeeeee!!! Got blossoms on the plum tree.

@ sirsmomesalot: I am trying to sit quietly; but if you want an essayette on The Problems and Their Possible Solutions, I will write one. It's on the tip of my tongue.
PM me.

Mark (indiamikezulu), Western Australia
1531836185
Hero Member
*
Offline Offline

Posts: 1531836185

View Profile Personal Message (Offline)

Ignore
1531836185
Reply with quote  #2

1531836185
Report to moderator
1531836185
Hero Member
*
Offline Offline

Posts: 1531836185

View Profile Personal Message (Offline)

Ignore
1531836185
Reply with quote  #2

1531836185
Report to moderator
1531836185
Hero Member
*
Offline Offline

Posts: 1531836185

View Profile Personal Message (Offline)

Ignore
1531836185
Reply with quote  #2

1531836185
Report to moderator
MORE CRYPTO, LESS NOISE
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 15, 2014, 04:20:53 AM
 #1742



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?

don't confuse max coins with inflation-rate.

max coins btc: 21million
max coins uno: 250k
ok, we know that.

btc blockreward as far as i know: 25btc currently - blocktime 10 minutes - makes 3600 new btc each day. 13 million out now. So btc-supply get diluted with  new coins roughly 0.003% each day if i didn't calculate wrong - so that's the daily inflation of btc.

Uno will have 15 new coins a day after next halving - with 190k out that's a dilution with new coins of roughly 0.0015% a day (again if i didn't miscalculate) ... so the dilution of coinsupply with new coins is what we call the inflation. Uno has less dilution than btc has after its next halving if my numbers are correct. 208 days later it will halve again.

max supply of coins and inflationrate is two different things. Uno has lower inflation than BTC or LTC as a matter of fact. If not already then it'll be soon.

Don't confuse max coin-number with actual inflationrate

For comparison: they dilute fiat with a rate of at least 0,013% a day (5% annualy) - 4 times as much as btc and 8 times as much as Uno after next halving ... all those numbers calculated over the thumb in a few minutes. I could work out exact numbers if you guys needed that.
So those percentages of new coins is what your single coin looses in value when marketcap stays the same. If marketcap for btc was staying exactly the same for one day the coin you are holding will still loose value by 0.003% since new coins are minted. I hope you get the twist.

Uno is a perfect store of value since its inflation is minimal compared to every other store of value out there. Even better than gold.

I have really no understanding about what people think when dumping hundreds of Un on the market. I really do not understand what's going on in their heads. They lack information apparently about the thing they are trading. Holding Uno longterm makes more sense than holding any other commodity from my standpoint of view. What do you do? You exchange Uno for inflationary btc which you exchange for even more inflationary fiat. Everybody with halve a brain should run to uno, not to fiat to store their gains. But that's just my 2 cents obviously.

Maybe i do a nice write-up with exact numbers and some kind of table for people to see more easily what's the deal with Uno. I think not many have been able to work out the numbers for themselves from the specs.

Uno is THE go-to-coin when it comes to preserving value.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
Benefactor
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
August 15, 2014, 05:35:47 AM
 #1743


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.
Random giveaways to crypto people from other cryptos doesn't generally work, as I've noticed.  They do generally just convert to BTC then fiat, and try to pay their rent.

gustav - sounds like you are doing it right!  Good for you!

Last year, before wulong was a twinkle in Kim Jong Il's eye, there was a spike up to 0.02 BTC/UNO from waay below 0.001 when only CoinEx was trading UNO.  That was basically a few days after I did a giveaway of roughly 80++ UNO to about 40 people in [an undisclosed Internet group].  I definitely wanted to see UNO gain price, but I never expected this, plus it rode on a 10x price increase in BTC from $100/BTC to $1,000/BTC++.  Basically, within a few days, the amount of UNO I gave away was about $2,000.  [(...So pardon me for dumping $1,000/worth of UNO at times in the past. Sad )]

I don't actually know what those ~40+ people did in terms of buying more UNO, or even if the spike was from them, but because they were new to cryptos, and alts were still in a feel-good extremely rapid growth stage, I have an understanding that they tended to hold after obtaining the unattainable.

Select sharing works.  A faucet with a few UNO - whatever.  No biggie.  ...But otherwise, it's best to share with those who aren't going to dump on the market, unless equal or greater buy orders are placed with the distribution, whether by stirring new demand, or by careful management.
IMZ
Legendary
*
Offline Offline

Activity: 1484
Merit: 1000


View Profile
August 15, 2014, 06:27:56 AM
 #1744

Struggling with comms, but lots of thoughts.

Coins available for giveaways are a marketing resource. I argue for a concerted 'facing outwards' strategy. Contact Ordinary People (details on request -- IndiaMikeZulu is bleeding-edge in this!); give THEM the coins (both btc and uno); offer to 'mentor' them.

@ My Mention of Monacoin: it is Japanese. Maybe they don't know of BETTER coins. We could bust our buns to bring into our community krypto hoomernz who speak other languages. (IMZ has been part of a South Korean coin-community for months.) Recall how much LTC was aided by chinese enthusiasm. YBcoin doin' well -- it is 'Chinese'

Mark
rojan
Sr. Member
****
Offline Offline

Activity: 324
Merit: 250


View Profile
August 15, 2014, 07:54:50 AM
 #1745

Pure Unobtanium has high potency.  A little can go a long way.  Very good for altcoin newbies testing crypto waters with small purchase.   

It's rare.  It's fair.  It's Unobtanium.
BitcoinNational
Legendary
*
Offline Offline

Activity: 1470
Merit: 1008


Join The Blockchain Revolution In Logistics


View Profile
August 15, 2014, 11:00:08 AM
 #1746

I argue for a concerted 'facing outwards' strategy. Contact Ordinary People
+2

A little PR work, maybe an annual hosted event, possibly some pseudo celeb promoters.
BUT that stuff is expensive and Un not at that level ... yet.

IMZ just showed you the target audience.  

1. Friends, and Family.  "Invest $10 wait 6 months and see what happens" (and they'll probably hate us at first but love us in the end) ... so that's a Amway approach of marketing.

@ My Mention of Monacoin: it is Japanese. Maybe they don't know of BETTER coins.

2.  International friends.  More and more nations are going to come 'online' with crypto.  Let's have a network of reps that focus on 'non English' speaking nations.  If we are going to spend money promoting I suggest it might be smarter doing a seminar on "getting wealth in the bitcoin age" in Mongolia rather than London.  

I know it sounds wild but if you get 100 of the influential class of a lesser know nation state hooked on UNO, they will sell it to others of like financial standing.  Traditional Western investor class is still skeptical.  But a promotional golf event at a minor country club in Dubai might bring $1 million in investment.  

Marketing Plan
strategy: concerted 'facing outwards' from the existing crypto marketplace (say 80%)

target audience A: Friends, and Family (soft sells)
target audience B: Rich buggers in nonWestern nations.
-----------------------------------------
target audience C: known crypto marketplace

We still have 20% of the budgets/time to target the known crypto marketplace AND we are uniquely focused there too!
target audience : crypto collectors who want rare and cool 'physical' collectables. (discrete ways to hold value just like gold)


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?

target audience D: the inner realm of crypto (I think I see some of you here already) but yes there ought be a special cookie jar for 'Heroes' just in case come next year they for some reason didn't pickup a few Uno already.


                ▄██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
           ▄████▄▄▄▄▄██████████████▄
         ▄████████████████▄▄▄███████
       ▄█████████████████████████████
     ▄████████▀▀▀▀▀▀▀███████████████▄
   ▄████████▀█▀███▀        ███████████
 ▄████████▀███             ███████████
▄███████▀████                ██████████▄
███████████▀                  ██████████
 ██████▄████                   ██████▄███
  ██████▄████                 ▄█████████
   ██████▄████              ▄██████████
    ██████▄█████▄▄▄▄▄     ▄████████▀
     ██████▄████████████▄████████▀█▀██▀
      ██████████▄▄▄▄▄▄▄████████▀█▀██▀
       ██████████████████████▀█▀█▀
         ▀▀▀▀▀▀███████████▀▀▀▀
                      ▀██▀▀
─────────────────
Revolutionized.  ──


█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀





█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.WHITEPAPER.
ANN Thread
Reddit

█████
██
██ █
██ █
██ █
   █

  ─────────────  Join
SMARC token ICO

█████
   ██
 █ ██
 █ ██
 █ ██
 █
gustav
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
August 15, 2014, 02:20:36 PM
 #1747

1.5 Million$ worth of NXT have just been stolen from Bter.com
May i takes this oportunity to remind you again that it is vital for the success of uno that you don't store your coins at the exchange?
I repeat: don't store Uno at the exchanges
BitcoinNational
Legendary
*
Offline Offline

Activity: 1470
Merit: 1008


Join The Blockchain Revolution In Logistics


View Profile
August 15, 2014, 02:28:17 PM
 #1748

"The Fate Of The NXT Network Is Now Controlled By A Malicious Entity"

Blazr is this why you are not a fan of POS?

unobtanium : is the "don't store Uno at the exchanges" community

                ▄██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
           ▄████▄▄▄▄▄██████████████▄
         ▄████████████████▄▄▄███████
       ▄█████████████████████████████
     ▄████████▀▀▀▀▀▀▀███████████████▄
   ▄████████▀█▀███▀        ███████████
 ▄████████▀███             ███████████
▄███████▀████                ██████████▄
███████████▀                  ██████████
 ██████▄████                   ██████▄███
  ██████▄████                 ▄█████████
   ██████▄████              ▄██████████
    ██████▄█████▄▄▄▄▄     ▄████████▀
     ██████▄████████████▄████████▀█▀██▀
      ██████████▄▄▄▄▄▄▄████████▀█▀██▀
       ██████████████████████▀█▀█▀
         ▀▀▀▀▀▀███████████▀▀▀▀
                      ▀██▀▀
─────────────────
Revolutionized.  ──


█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀





█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.WHITEPAPER.
ANN Thread
Reddit

█████
██
██ █
██ █
██ █
   █

  ─────────────  Join
SMARC token ICO

█████
   ██
 █ ██
 █ ██
 █ ██
 █
V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 15, 2014, 02:43:48 PM
 #1749

https://twitter.com/btercom/status/500198658701135873

that's 5% of all nxt

quys, these 'accidents' happen far too often for you to store coins at the exchanges. Take the coins out of the exchanges and move them to your wallet where they are safe. Not kidding. Don't ignore this! Don't store more coins at the exchange than what you trade in a day.

You use exchanges in an in-and-out-fashion. They are not here to store coins.

here is the guide again how to store your coins safe at home:
https://bitcointalk.org/index.php?topic=527500.msg8178658#msg8178658

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 15, 2014, 02:48:06 PM
 #1750


unobtanium : is the "don't store Uno at the exchanges" community

lol apparently ... or the "5 people know it and keep reminding 150 people who keep ignoring the warnings-community"

*roll eyes*


uno is done when cryptsy gets hacked. DONE - FOREVER. GET IT? Move the coins out!

This is decentralized currency and you store it central and then you cry when things go wrong. Don't put the fate of a coin in the hands of an exchange. I'll repeat another million times until there is considerably less uno at cryptsy. Am i annoying? Maybe. But take the coins out.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
UNO_owner
Sr. Member
****
Offline Offline

Activity: 300
Merit: 250



View Profile
August 15, 2014, 02:53:18 PM
 #1751

"The Fate Of The NXT Network Is Now Controlled By A Malicious Entity"

Blazr is this why you are not a fan of POS?

unobtanium : is the "don't store Uno at the exchanges" community

Someone that owns a substantial percentage of staking coins can attack the network.  In NXT's case though, it is a small percentage and not a direct threat, but I'm reading this morning they have already released a fork to roll back the network and now its just about consensus (people upgrading to that fork).  I don't own any NXT, but wouldn't feel differently if I did.  This is total crap.  VRC opened Pandora's box.

The fact that a central authority even CAN do this is total crap.  I only own one PoS coin...  and I only own it because the developer is working to make PoS far more secure than ever before and is removing checkpointing from the coin entirely.

V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 15, 2014, 02:55:12 PM
 #1752

we have seen the incredible downward-pressure that it can have when many percent of a coin get dumped on the market. I in no way want to relive this with uno. We are not the get-coins-stolen-and-buy-them-back-all-year-community. If a hack would happen at cryptsy i would vote against a rollback and for a hardfork to just remove the stolen coins from circulation so those people not being able to handle the coins in the right way would be left with nothing. Never have more than 1% of what you own at an exchange ever. If everybody would follow that rule we wouldn't have to discuss this all year long. Still 30% of all Uno at cryptsy - nothing changed. Please hear the warnings and store your coins secure at your own home. Be your own bank. Wink

sorry for loosing it a bit.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
BitcoinCharlie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1001



View Profile WWW
August 15, 2014, 08:37:59 PM
 #1753


unobtanium : is the "don't store Uno at the exchanges" community

lol apparently ... or the "5 people know it and keep reminding 150 people who keep ignoring the warnings-community"

*roll eyes*


uno is done when cryptsy gets hacked. DONE - FOREVER. GET IT? Move the coins out!

This is decentralized currency and you store it central and then you cry when things go wrong. Don't put the fate of a coin in the hands of an exchange. I'll repeat another million times until there is considerably less uno at cryptsy. Am i annoying? Maybe. But take the coins out.

It would be great to get coins out of Cryptsy, but the withdrawal sucks for UNO for some reason. I've tried different wallets, transferring to different exchanges, etc. Still cannot withdraw more than 2 UNOs at a time. I can transfer other coins no problem...

It's ridiculous!

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 15, 2014, 11:00:38 PM
 #1754


unobtanium : is the "don't store Uno at the exchanges" community

lol apparently ... or the "5 people know it and keep reminding 150 people who keep ignoring the warnings-community"

*roll eyes*


uno is done when cryptsy gets hacked. DONE - FOREVER. GET IT? Move the coins out!

This is decentralized currency and you store it central and then you cry when things go wrong. Don't put the fate of a coin in the hands of an exchange. I'll repeat another million times until there is considerably less uno at cryptsy. Am i annoying? Maybe. But take the coins out.

It would be great to get coins out of Cryptsy, but the withdrawal sucks for UNO for some reason. I've tried different wallets, transferring to different exchanges, etc. Still cannot withdraw more than 2 UNOs at a time. I can transfer other coins no problem...

It's ridiculous!

i am waiting for 2 days now for withdrawals - not even 2 anymore ... my guess would be: hot wallet dry

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
Philogus
Full Member
***
Offline Offline

Activity: 172
Merit: 100


View Profile
August 16, 2014, 12:11:14 AM
 #1755

Hey guys! I had to share this story with you. My wife works at a large international airport. I talk to her about Bitcoin and UNO all the time. At work the other day, she overheard two of her coworkers talking about some company now accepting BTC. My wife was surprised and she asked "you guys have heard of Bitcoin?' She told them that her husband is a Bitcoin nerd who talks about it all the time.  She got called away, so they didn't really have time to get into the conversation at that point. A few hours later, the two coworkers came up to her and asked her "can you please explain what Bitcoin is and how it works?" My wife gave them a basic explanation based on what I have taught her.

I think that a Bitcoin storm is going to slowly form as the general public learns more. I don't know how high Bitcoin price will go, but I think that it will be much higher than it is today.  I think that the rising interest and price will naturally propagate to UNO as well. I taught a coworker about UNO and BTC yesterday, and he had NO IDEA. He had heard of Bitcoin, but he was shocked when I showed him all of the crypto-currencies on Coinmarketcap. I spent a lot of time explaining UNO to him, its rarity, and why I invest in it. I read here yesterday where someone recommended getting our friends and family into UNO first. I think that that is going to be a HUGE part of getting UNO to the next level. People are REALLY curious about crypto-coins, but they are scared to ask questions out of fear of looking stupid (unless it's someone they trust).

I would be perfectly comfortable teaching my mom how to buy UNO as long as she kept it locked away in an encrypted wallet off of any exchange. I would also make sure that she only bought an amount that she could afford to lose.
BitcoinCharlie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1001



View Profile WWW
August 16, 2014, 12:18:12 AM
 #1756


unobtanium : is the "don't store Uno at the exchanges" community

lol apparently ... or the "5 people know it and keep reminding 150 people who keep ignoring the warnings-community"

*roll eyes*


uno is done when cryptsy gets hacked. DONE - FOREVER. GET IT? Move the coins out!

This is decentralized currency and you store it central and then you cry when things go wrong. Don't put the fate of a coin in the hands of an exchange. I'll repeat another million times until there is considerably less uno at cryptsy. Am i annoying? Maybe. But take the coins out.

It would be great to get coins out of Cryptsy, but the withdrawal sucks for UNO for some reason. I've tried different wallets, transferring to different exchanges, etc. Still cannot withdraw more than 2 UNOs at a time. I can transfer other coins no problem...

It's ridiculous!

i am waiting for 2 days now for withdrawals - not even 2 anymore ... my guess would be: hot wallet dry

My guess is that it's more asshattery at Cryptsy! I just send email after email bitchin' eventually the coins get released somehow or redeposited. I'm a bittrex man now...

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
V500
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 16, 2014, 12:34:21 AM
 #1757

Hey guys! I had to share this story with you. My wife works at a large international airport. I talk to her about Bitcoin and UNO all the time. At work the other day, she overheard two of her coworkers talking about some company now accepting BTC. My wife was surprised and she asked "you guys have heard of Bitcoin?' She told them that her husband is a Bitcoin nerd who talks about it all the time.  She got called away, so they didn't really have time to get into the conversation at that point. A few hours later, the two coworkers came up to her and asked her "can you please explain what Bitcoin is and how it works?" My wife gave them a basic explanation based on what I have taught her.

I think that a Bitcoin storm is going to slowly form as the general public learns more. I don't know how high Bitcoin price will go, but I think that it will be much higher than it is today.  I think that the rising interest and price will naturally propagate to UNO as well. I taught a coworker about UNO and BTC yesterday, and he had NO IDEA. He had heard of Bitcoin, but he was shocked when I showed him all of the crypto-currencies on Coinmarketcap. I spent a lot of time explaining UNO to him, its rarity, and why I invest in it. I read here yesterday where someone recommended getting our friends and family into UNO first. I think that that is going to be a HUGE part of getting UNO to the next level. People are REALLY curious about crypto-coins, but they are scared to ask questions out of fear of looking stupid (unless it's someone they trust).

I would be perfectly comfortable teaching my mom how to buy UNO as long as she kept it locked away in an encrypted wallet off of any exchange. I would also make sure that she only bought an amount that she could afford to lose.

thanks for sharing this. I made the experience aswell that most people only have heard about it but have actually no idea what it is. The most commen answer i get when i ask someone random "do you know bitcoin?" is "that's that internet-money, right?" ... when i go then on explaining a bit what it can do and how it works they usually get big eyes and say "oh, i think i have to look into that some more" ... so i can only confirm what you are saying there. The greater part of the population is slow to learn, most think it is going away the same way it came. More people will get educated. In the end of the day: when they look into altcoins many will want to buy Uno, i agree. The average Joe won't be interested in anon-coins. The average Joe wants something that he know works and he knows will apreciate in value over time. So that is Uno for him.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
FallingKnife
Legendary
*
Offline Offline

Activity: 1652
Merit: 1011


Unobtanium: Rare, Fair, Vetted.


View Profile WWW
August 16, 2014, 12:44:04 AM
 #1758

Hey guys! I had to share this story with you. My wife works at a large international airport. I talk to her about Bitcoin and UNO all the time. At work the other day, she overheard two of her coworkers talking about some company now accepting BTC. My wife was surprised and she asked "you guys have heard of Bitcoin?' She told them that her husband is a Bitcoin nerd who talks about it all the time.  She got called away, so they didn't really have time to get into the conversation at that point. A few hours later, the two coworkers came up to her and asked her "can you please explain what Bitcoin is and how it works?" My wife gave them a basic explanation based on what I have taught her.

I think that a Bitcoin storm is going to slowly form as the general public learns more. I don't know how high Bitcoin price will go, but I think that it will be much higher than it is today.  I think that the rising interest and price will naturally propagate to UNO as well. I taught a coworker about UNO and BTC yesterday, and he had NO IDEA. He had heard of Bitcoin, but he was shocked when I showed him all of the crypto-currencies on Coinmarketcap. I spent a lot of time explaining UNO to him, its rarity, and why I invest in it. I read here yesterday where someone recommended getting our friends and family into UNO first. I think that that is going to be a HUGE part of getting UNO to the next level. People are REALLY curious about crypto-coins, but they are scared to ask questions out of fear of looking stupid (unless it's someone they trust).

I would be perfectly comfortable teaching my mom how to buy UNO as long as she kept it locked away in an encrypted wallet off of any exchange. I would also make sure that she only bought an amount that she could afford to lose.
Great story, and it echos what I am also seeing.  It's so common for us that often we're blind to how out ahead of the curve we were and still are.

Crypto is so huge that it's difficult for people to wrap their head around it.  Bitcoin as "Money" is probably the easiest concept to grasp.  Crypto as a decentralized "payment system" is a more difficult to grasp.  Crypto as a ledger imposing scarcity on plentiful resources (such as email) as a way to combat spam... or as a way to regulate network congestion and prioritize packets on a crowded internet, now you're starting to lose 'em. Smiley

IMZ
Legendary
*
Offline Offline

Activity: 1484
Merit: 1000


View Profile
August 16, 2014, 01:14:29 AM
 #1759

@ NXT hack: my trader and I got a belly laugh out of how spontaneously we agreed that rollbacks are rubbish.

@ weaning ourselves off automated exchanges (Baby steps, Mark. Baby steps . . . ):

The key word is 'interlocking' -- a range of interlocking practices that produce the desired results. One 'Lego block' would be a THRIVING 'in-house exchange.' The problem to overcome is not to be left looking like a low-voloume currency -- but there are Lego blocks to deal with this.

IMZ has run one successful community coin-exchange. We call such stuff 'proto': clumsy, time-consuming, unprofitable at first; bleeding-edge.

One aspect: undertake the sale of large packets of UNO in-house rather than on Cryptsy. Thus, coins are being removed from Cryptsy, but the price will still hold or rise.

Mark (IndiaMikeZulu), Western Australia
BitcoinCharlie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1001



View Profile WWW
August 16, 2014, 01:45:18 AM
 #1760

@ NXT hack: my trader and I got a belly laugh out of how spontaneously we agreed that rollbacks are rubbish.

@ weaning ourselves off automated exchanges (Baby steps, Mark. Baby steps . . . ):

The key word is 'interlocking' -- a range of interlocking practices that produce the desired results. One 'Lego block' would be a THRIVING 'in-house exchange.' The problem to overcome is not to be left looking like a low-voloume currency -- but there are Lego blocks to deal with this.

IMZ has run one successful community coin-exchange. We call such stuff 'proto': clumsy, time-consuming, unprofitable at first; bleeding-edge.

One aspect: undertake the sale of large packets of UNO in-house rather than on Cryptsy. Thus, coins are being removed from Cryptsy, but the price will still hold or rise.

Mark (IndiaMikeZulu), Western Australia
This is an interesting thought on the big tranches. In the past, I have attempted to build up a bit of a bitcointalk trust level on my account. I don't think many people have cared about doing that though...

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
Pages: « 1 ... 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 [88] 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 ... 773 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!