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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.0  (Read 1039530 times)
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BitcoinNational
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November 14, 2014, 12:07:08 AM
Last edit: November 14, 2014, 06:57:21 AM by BitcoinNational
 #4041

Unobtanium 는 아기 에뮤를 마스코트로 두고 있습니다.:
http://www.backyardchickens.com/t/932818/lightbox/post/14309971/id/6626530
Our Favorite Aussie Korean speaking EMU ... some day soon The Supreme Leader shall point to you and smile with pride  Grin
----

moving up in the world ... cuz we're zero gravity inflation
 Grin



 
... who's NXT on our hit list ...
Quote
XC ... we can see you from here!
PTS ... what you doing down here?  oh yeah not so fair Sad
via
ix ... had you passed (but the TWin is past inflationary so light on gravity too!)
mona ... here kitty kitty
URO
CANN ... we did do it!
WORLD
MEGA
NOVA
VERT ... meet your inflationary fate
Anon
pot
mAx
Veri
naut
rZr ... ouch hit $20k
dev
mint
librex
ARCH
sync

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IMZ
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November 14, 2014, 05:04:09 AM
 #4042

And here's Uno the Chick ('Back Yard Chickens') struttin' his stuff in Korean:

http://bithub.co.kr/n_news/board/view.html?page_code=comu&board_code=20140823234933_9990&no=14
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November 14, 2014, 10:44:04 AM
Last edit: November 14, 2014, 11:27:17 AM by balu2
 #4043

will we get an ETF going in the distant future after btc has achieved that?
This should be top priority after bitcoin has paved the way imo.
What cap will we roughly need to apply?
Maybe good to bring up a little debate already?
Uno should be the first alt to follow btc in that direction. Would be great, wouldn't it?
I think that will be worth the paperwork  Wink

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November 14, 2014, 12:32:13 PM
 #4044

Hedges, Balu2, are specifically an experiment in this theoretical field -- but without the notorious problems. Study on this will be well rewarded. It's an open secret -- in exact psrallel with run-amuk Fractional Reserve Banking -- that there is as little as 5% of the issued-on-paper bullion actually in the vaults.

Google what happened when the German GOVERNMENT asked for its gold back.

I extend this wariness to any and every crypto that claims to be pegged -- same basic problems apply.

Now, Hedges are micro and complex and having trouble taking off because of low Ag and Btc prices, but the cote principle is fine: instead of 'them' holding the bullion -- centralised -- WE hold the bullion.

Feel free to hang out on Un-Ex, and help me advance the project!

M
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November 14, 2014, 12:53:23 PM
 #4045

@balu2 that's an interesting idea.  To dip our toe in the water, does anyone have any experience creating NXT asset classes? Perhaps we could tie up some Un in that manner and get Un listed on an NXT asset exchange.

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November 14, 2014, 01:32:01 PM
Last edit: November 14, 2014, 02:06:42 PM by BitcoinNational
 #4046

@balu2 ... good thinking, and IMZ was way ahead on this one.
The Hedges are exactly that ETF, and the F = .999 fine 2oz of shiny silver.
Get in on the game  Roll Eyes


---

Re: the bigger picture

We don't need to be on Wall St.
We create our own institution the P2P ETFs backed by UN Clearing House International.

Plus I can go from cash in my pocket to holding an UNHedge in about 1hr (really ... cash>btc>uno>UNhedge)
Can you do that with the big boys ETFs?


1.  Winkivoss twins couldn't be more pure blue blood WASP elitist ... they ARE the essence of the ivy league ... they stink of bloody old money and privilege. Wink Wink is highly connected to the powers that be.  AND they are stuck +18months in review/approval Huh

2.  We need to be about X5 bigger than LTC to even consider paying the legal cost of round 1 of discovery/filing.

3.  The old system is BROKEN, let it go.  It's (mostly very) dead Jim.

4.  You can back UNO with a Wall St. ETF // it's easy all you have to do is set up a peg clearly define that X uno = Y wall street trade certificates (and Honestly honor this promised price index // building trust in the p2p trust network).  UNO is the superblock of this new p2p trust network ... and it will expand to include peers in all well organized coin communities.  Welcome to the NEM Smiley  

5.  If we really, truly, desperately yearn to be "Listed and High Frequency Trade" ... go around the wall NOT through the wall.  We can buy control of an already listed (yet very small) company.  DING! ps ... doesn't even have to be a Yankee registered company.  


---
That said I am very interested in exploring an UNO backed 'asset'.
We should do them all >> NXT, BTSX, CP, and even a dogeparty.  
We need to keep some continuity (use the same formula) but different players can manage/back the assets.
(do this to prevent public confusion)  

BUT ... I'm not well informed (cuz I've avoid these 3rd Party coins) so guessing that the asset would be like the BitUSD or a NuBit?  1=1?  

@ anyone that is familiar with NXT, BTSX, CP
What can we do?  And How?  

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November 14, 2014, 02:05:56 PM
 #4047

nooo guys, not little games. Forget betatesting NXT. I am talking wallstreet and other stockexchanges around the world. Winkelvoss-style. Apply for an ETF at the stockmarkets. You go there with a few tons Uno and that backs the ETF and the stockbrokers can trade uno like a stock without having to worry with all the technical stuff.
They can throw money at it without having to worry about backups, hardforks and scam-exchanges you know? If they like it, they want more coins. That's how you actually sell coins to wallstreet.

http://en.wikipedia.org/wiki/Exchange-traded_fund

http://cointelegraph.com/news/112890/the-winklevoss-brothers-say-their-etf-is-still-going-through-the-regulatory-process

first they get bitcoin, later they get uno in the exact same way.
Think big!

If they like bitcoin etf they will love uno etf!

They are going to buy tons and tons
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November 14, 2014, 02:08:25 PM
 #4048

@balu2 ... see point #5  Wink

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November 14, 2014, 02:11:17 PM
Last edit: November 14, 2014, 02:56:44 PM by balu2
 #4049

i don't care so much about homegrown, non-elitist and grassroots when we can get the most epic moneyinjection and blast uno to a billion marketcap, you know?  

Those little things are nice, sure. I am talking about opening uno up to real big money (give international stockmarkets easy access to uno).

We can still launch our private new rebelcoin later after we became filthy rich.  Wink (or just retire on the money and do the rest of your life charity only, make world better, what ever - once you have more money than you ever need things become a lot easier)

Just watch what happens with bitcoin etf once that goes live. Bitcoin will tripple in value in a week. Just wait for it and be prepared to send uno the same way.

All we need to do is read up on it, get a lawyer and apply. If btc can do it, uno can too. If it trades successfully they are going to want more. Why not sell 10% or 20% to the stockexchanges?  I have to read up on it. Maybe a single person can do it too. What you gonna do if i buy up 2% of supply and sell it to wallstreet? You going to be mad at me for that?  Cheesy  If Vikelfoss can do it, one of us can do it too.
Uno is perfect for an ETF. If the coin is going to be big and around for long time it is going to happen anyways.

(going to be off for a few hours. I'll be back later)


again in short: you apply for a license. The ETF is traded exactly like a stock of a company.  Stock-brokers buy shares in the ETF. The ETF is backed by x amount Uno. So x amount is bought and sold to the ETF so they can speculate on uno without getting their hands dirty in this crypto-mess. Will make uno go to the moon and also good PR.
If they like the performance of the uno commodity they are going to demand more.  It's potentially epic demand. Far more than what you could get from crypto-space which is dry anyways because of the scams.
We just keep doing our thing (trading it higher) and they can speculate on the price. Only difference will be Uno is not 3$ but maybe 200$ or more. I hope you get the spin  Cool

(done editing. See you in a bit.)
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November 14, 2014, 03:25:02 PM
 #4050

have just read your response BN, you're a smart guy too.

We can keep doing everything as before only difference: wallstreet gets a piece of the pie and in return uno gets pumped by them. Win-Win.
We just need to be one of the first alts to do so before that market is saturated.

$$$$$$$  ipuhafonagaspginseginaeginsgnelknpnnpnneegoinfoßpvsmbaiufbaoigne ! !!! 111!!! sgsgheahewzhhvaeufbeowbgoewb!!!!1


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$.....
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November 14, 2014, 03:55:20 PM
 #4051

I want to be a smart guy too! Where can i sign up?  Cheesy

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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November 14, 2014, 04:01:59 PM
 #4052

I want to be a smart guy too! Where can i sign up?  Cheesy

just send the fee of 0.5 btc to [1Shre.....] and you'll get the certificate

ok, now finally off Wink
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November 14, 2014, 07:18:45 PM
 #4053

I want to be a smart guy too! Where can i sign up?  Cheesy

just send the fee of 0.5 btc to [1Shre.....] and you'll get the certificate

ok, now finally off Wink

You are not accepting UNO?!!  What's this "btc" schtuff?  Now we've falled back into the 7's!   Sad
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November 14, 2014, 07:27:50 PM
 #4054

@balu2 ... good thinking, and IMZ was way ahead on this one.
The Hedges are exactly that ETF, and the F = .999 fine 2oz of shiny silver.
Get in on the game  Roll Eyes


---

Re: the bigger picture

We don't need to be on Wall St.
We create our own institution the P2P ETFs backed by UN Clearing House International.

Plus I can go from cash in my pocket to holding an UNHedge in about 1hr (really ... cash>btc>uno>UNhedge)
Can you do that with the big boys ETFs?


1.  Winkivoss twins couldn't be more pure blue blood WASP elitist ... they ARE the essence of the ivy league ... they stink of bloody old money and privilege. Wink Wink is highly connected to the powers that be.  AND they are stuck +18months in review/approval Huh

2.  We need to be about X5 bigger than LTC to even consider paying the legal cost of round 1 of discovery/filing.

3.  The old system is BROKEN, let it go.  It's (mostly very) dead Jim.

4.  You can back UNO with a Wall St. ETF // it's easy all you have to do is set up a peg clearly define that X uno = Y wall street trade certificates (and Honestly honor this promised price index // building trust in the p2p trust network).  UNO is the superblock of this new p2p trust network ... and it will expand to include peers in all well organized coin communities.  Welcome to the NEM Smiley  

5.  If we really, truly, desperately yearn to be "Listed and High Frequency Trade" ... go around the wall NOT through the wall.  We can buy control of an already listed (yet very small) company.  DING! ps ... doesn't even have to be a Yankee registered company.  


---
That said I am very interested in exploring an UNO backed 'asset'.
We should do them all >> NXT, BTSX, CP, and even a dogeparty.  
We need to keep some continuity (use the same formula) but different players can manage/back the assets.
(do this to prevent public confusion)  

BUT ... I'm not well informed (cuz I've avoid these 3rd Party coins) so guessing that the asset would be like the BitUSD or a NuBit?  1=1?  

@ anyone that is familiar with NXT, BTSX, CP
What can we do?  And How?  

I'm of the opinion to forget the ETF concept. That's Wall Street, I'm more ideological on the matter of UNO.  I prefer to do things "in house" as opposed to letting the entrenched interests dictate what UNO becomes.

However, as an open community, there's nothing stopping those that wish to go that route from heading there. I simply prefer IMZ's hedge model.

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Hate Inflation? You'll love $UNO
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November 14, 2014, 08:44:03 PM
 #4055

Reading as we speak: I theorised an NXT asset as the Hedges in the first place -- second place, after trials -- but was unsure how the community would react to the suggestion of bringing a POS coin into the fold.

m
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November 14, 2014, 09:30:18 PM
 #4056

i like in house

but for another route >> http://multigateway.org/

(still not sure what it is exactly)

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November 14, 2014, 10:23:07 PM
 #4057

[Got some Notes ready, but can't upload them. Will soon.]

Genially throwing down the gauntlet:

Would we really consider setting up as Masters without doing an apprenticeship?

Hedges are specifically designed to be infinitely scaleable. Phase Two is only six weeks away.

[I see in the wallet a ‘sign message/verify message’ function. What is it?]

So – assuming discussion and theorisation – any TT who buys and takes delivery of two ounces of bullion from another TT can hold that two ounces as backing for one Hedge.

Readers may not know that there are several would-be Hedge owners ‘standing neutral’ in Phase One, to avoid conflicts of interest. Once cleared to trade, they also will be able to hold bullion on which Hedges can be issued.

Note One: the trick with an Nxt asset is to get it listed on an exchange other than Nxt’s SAE – then the trading-pair can be UNO/UNO Asset – which is ‘the middle road’ between Wall Street (Balu2) and in-house (B.N. and others).

Note Two: a coloured coin can be numerically tiny. We set the parameters. This makes possible the idea of a one-oz-Ag-to-one-Un-asset coin. This makes possible an IPO involving only known community members.

Note Three: here is Nxt's SAE. https://trade.secureae.com/#4551058913252105307 -- SAE [IndiaMikeZulu owns a number of assets, and I am an assistan dev (Acting Third Class . . . ) for Nxttycoin.]

 Note the coin-list at left. Go to the bottom. Note 'inactive assets' -- that's dead coins, guys. The crypto terrain is littered with the corpses of coins that over-promised but under-delivered!
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November 15, 2014, 01:29:14 AM
 #4058

Note:

Coins and assets are quite different.

An asset is a cryptographic representation – ‘shares’ in the Wall-Street model – of an enterprise or technology (and there’s ‘structuralism’ – but that takes you back to a currency).
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November 15, 2014, 02:11:40 AM
 #4059

Correction: we could get Uno listed on Nxt's MGW (which I don't understand yet). But an 'outside' exchange listing would be optimal in the long run.

m
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November 15, 2014, 02:25:38 AM
Last edit: November 15, 2014, 02:47:32 AM by FallingKnife
 #4060

Reading as we speak: I theorised an NXT asset as the Hedges in the first place -- second place, after trials -- but was unsure how the community would react to the suggestion of bringing a POS coin into the fold.

m

Nobody really knows where this whole crypto thing is going. But I do know that we have a very unique asset in Uno.

If someone wants to setup up NXT hedges for Uno, or a Uno asset on Counterparty, I think it would be a very interesting experiment. I'd love to learn from it.  I think as a community we should understand these things and be able to leverage Uno's value across these decentralized exchanges.

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