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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.0  (Read 1039539 times)
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IMZ
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November 15, 2014, 03:59:41 AM
 #4061

Hope I'm not pushing the point here:

if an Nxt asset backed by something, then . . .  backed by something (a technology, a business, an amount of bullion)

But otherwise, what would we be leveraging on?

But we're rarin' to go!

m
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November 15, 2014, 04:50:32 AM
Last edit: November 15, 2014, 07:45:22 AM by smalltimer
 #4062

VERY interesting things going on here.
I like the idea of getting an ETF in on Uno.
About NXT AE you need to be careful. They have now assets worth more than the marketcap of NXT. I have no idea how that could end. There is potential there for the whole NXT ecosystem to go belly up. We'd need to do some homework on it.
If a selloff occured on NXT all the assets would be worthless for example. Could cause a domino-effect and bankrun. NXT could vanish over night. Not saying it does but the possibilites are there. Once that bankrun occures it would be game over for NXT.


another thought. Seen this:
https://bitcointalk.org/index.php?topic=793502.0

can we merge that? Currently you get the coins essetially for free. Merging with Uno maybe possible? Blazr2? FK? BN? The others?

Right now a larger player seems to cash out. Maybe he's in a rush and we can get cheap coins. I surely would love to buy as many Uno as possible as cheap as possible right now for the longterm. I feel a lot of good things come to uno soon.
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November 15, 2014, 07:44:27 AM
 #4063

Yes guys! Like the way you thinking! Big vision for the future. If whole crypto  idea some day be mass adopted and accepted big time as freedom thing by people then UNOBTANIUM going to be top of the line no mather what: assets,currency,commodity art material ,powerful source for many things....endless.....
Rare coin is the KING of all cryptos  -it is in his DNA. Rare can hold  the biggest power than all by nature  Grin uno is created to by the biggest thing than all kinds of cryptos in existence! To be the sun for all types...to be The Lord Wink.  It is made to be bigger than anything evan than bitcoin  Grin
I feeling the magic in uno from long time. Special confidence that don't have with other coins. Cheesy that's why all my crypto life want to dump btc for Unobtanium  Grin
You guys The rare community offering great ideas! I like it  Smiley Smiley Smiley
You're the best!

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November 15, 2014, 07:49:11 AM
 #4064


I feeling the magic in uno from long time.

same here. This coin is special. It is done the right way. There is nothing that i dislike about it. There is no other coin where that applies. Should have a great future. It's just perfectly done. Genius work by Blazr2
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November 15, 2014, 08:04:10 AM
 #4065

Btw what happened with Uno android wallet  Huh I thing the guy who's was working on it also is China student.he maybe will help with China uno forum  translation....

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November 15, 2014, 08:11:27 AM
 #4066

'We have a very unique asset in Uno.' Ergo: proceed with caution.

Amass bullion and develop trust-network – thus creating a ‘distributed vault’ -- then jump to an asset. (The Original Plan)

And/or: create forthwith a tiny asset as an in-house experiment.

m
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November 15, 2014, 08:19:32 AM
Last edit: November 15, 2014, 09:23:10 AM by smalltimer
 #4067

everyone just keep doing what you are doing. This is working out nicely. Some very intelligent/competent people coming together in this coin.
I share BN's vision of uno being a strong pillow in altcoins economy. It has all it takes. Just keep it honest and clean and we'll be able to build many good things around it over time.

That dumper right now comes in handy for me.

edit: surppression is obvious - wonder what he has on his mind  Smiley
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November 15, 2014, 11:08:21 AM
 #4068

Hi,

Anyone think that 190k mined coins already is a problem?

thanks all
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November 15, 2014, 11:20:18 AM
Last edit: November 15, 2014, 11:42:27 AM by smalltimer
 #4069

Hi,

Anyone think that 190k mined coins already is a problem?

thanks all

no, it's a good thing. Base money emission over 1 year is pretty fair. Now it can go to the moon and hold price. It will not be sold down by the miners like bitcoin is. Not a problem at all. The value of those 190k will not be eroded very much now. Lucky man, who has some of those 190k.
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November 15, 2014, 11:47:41 AM
 #4070

What will it take for UNO market cap to reach and stabilize around $200,000,000 (~$1,000 per UNO)?  This can be achieved in what period of time (# of years)? 

UNO has been around $500,000+/- market cap area for a while now which has been encouraging despite early challenges that could have smothered it in the cradle.  I'm looking forward to $1,000,000+ market cap and to continued solid performance. 

Hi,

Anyone think that 190k mined coins already is a problem?

thanks all

I'm not sure about this.  UNO is distributed by miners selling - I'm glad for it.  I will continue to buy from anyone willing to sell at current prices.

It's rare.  It's fair.  It's Unobtanium.
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November 15, 2014, 12:11:41 PM
 #4071

What will it take for UNO market cap to reach and stabilize around $200,000,000 (~$1,000 per UNO)?  This can be achieved in what period of time (# of years)? 


depends very much on crypto economy as a whole and bitcoin/altcoin adoption by the public aswell as on our work that will improve the value of the coin. Like what IMZ does and other things. 200 million cap. Can be 2015 already maybe it takes a bit longer. Give or take a year or two.

A mega-whale could be stepping in tomorrow and we are at 200 mil this year already. Who knows? Everything is possible.
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November 15, 2014, 01:44:09 PM
Last edit: November 15, 2014, 09:29:09 PM by FallingKnife
 #4072

In the short term, $5 Uno will get us close to a $1m cap, which is completely reasonable, imo.

Hodling gives Uno kind of odd market mechanics. That's why it tends to trade in spurts,  high volume one day, low the next. Sort of like Gold... you don't see all of the gold in the world on the market at the same time, but when prices go high enough then suddenly the  wedding rings and tooth fillings are on the counter.

Right now the market has a larger wallet with about 2k that is trying to move to btc. He's doing a nice job, setting Uno back up after sells, and trying not to completely erode buy support. He's is being patient. Who ever it is is a mature investor; good work. Smiley Come back soon.

The 2 basic ways to buy/sell Uno:  patient and impatient.
Impatient investors go out and buy it right now. Thin sell orders hold them back.
Patient investors wait for a whale to cash out and catch the drop.

Between the patient/impatient Uno investors is a chasm some days that buyers & sellers find difficult to cross.  The way in and out of this market is small trades. Small up, small down.  Patience is a virtue with Uno.

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November 15, 2014, 01:48:33 PM
Last edit: November 15, 2014, 02:18:36 PM by BitcoinNational
 #4073


I feeling the magic in uno from long time.

same here. This coin is special. It is done the right way. There is nothing that i dislike about it. There is no other coin where that applies. Should have a great future. It's just perfectly done. Genius work by Blazr2

Quote
dump btc for Unobtanium

Let the trend begin ... I've been following the similar mantra of "Turn cash into BTC, and BTC into UNO quick and fast".
*Impatient investor i must be


And for the genius work of Blazr (the true lead dev thinks i)
perhaps we should all start taking positions on OFF and Skidoos
this is for future tips to Blazr when you are feeling uno-good Smiley


Quote
Quote
Hodling gives Uno kind of odd market mechanics. That's why it tends to trade in spurts,  high volume one day, low the next. Sort of like Gold... you don't see all of the gold in the world on the market at the same time, but when prices go high enough then suddenly the  wedding rings and tooth fillings are on the counter.

My guess is that the low volume will switch to a faster money velocity once UNO reaches $5 / $1M mc

Those of you that trade often should look to trading in a more narrow (weekly) channel.  This will help generate volume while giving stability.  Long investors will still be coming in an putting upward pressure.  And bear whales testing the floor.  But thier price points will be a notch above and below.  So 2 separate markets simultaneously operating.   Eventually you'll see very short term fast markets (1Hr 6Hr) there will be bots making that market ... AI is getting cheaper by the day and UNO offers fair price stability for them to play in.  My quess is that the bots will be buzzing in top of the books in 12months.  

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gustav
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November 15, 2014, 01:59:58 PM
 #4074

if the current seller reads this:

make less sellresistance, smaller walls and remove some from 81 to 83 for the moment, we'll buy you out within days.
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November 15, 2014, 02:00:38 PM
 #4075

Is Bryce the developer on this?

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November 15, 2014, 02:04:05 PM
Last edit: November 15, 2014, 02:24:25 PM by gustav
 #4076

Is Bryce the developer on this?

Blazr2 is
for purposes of whining use this thread: https://bitcointalk.org/index.php?topic=854092.0
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November 15, 2014, 02:33:17 PM
 #4077

Is Bryce the developer on this?

if you need bootcamp, let me know.  Grin
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November 15, 2014, 02:54:39 PM
 #4078

back on this



We don't need to be on Wall St.


can be any other stockexchange too. We can also sell it to china or japan.




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


Winkelvoss not matter. They won't do it for us. I am just an ordinary guy. Not elite at all. 18months+ is to be expected. I just hate wearing suits, that's my biggest issue.



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


that's why they need uno  Smiley


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.  



4: not backing uno with ETF - other way: backing ETF with uno. They need to buy before they can trade. ETF needs backing with uno. So no promises involved.
Superblock, i agree

5: forget the wall. Murica smells bad anyways. Currently i don't have the funds to buy 3rd grade companies. Maybe after Uno hit 500$ a piece Wink

Don't worry. Nothing will happen all too fast. I honestly would prefer someone else (whale) takes this up. Mainly because i hate suits and ties. But if nothing gets going i will have to get educated because this is the injection of money that uno needs. Real investing. Not pump and dump. If the fiat-money-system fails the brokers need something to dump their holdings into. Uno ETF would be ideal for that.

If it is not to expensive to get the papers done: why not? Won't hurt us. Nothing changes for the community other than the marketcap and the value of the coins they hold. ETF-traders will not have a say in uno or at least not more than anyone else. Either they like it or they don't. Uno is a DAC

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

I do take uno for certificates too. I hope it didn't drop because of me  Cheesy



---------

i honestly have no idea about all those things. I would have to do serious study. Best would be someone else who has experience with these things would do it. Nothing would change for community as far as i can think. Only uno is better known and traded at the stockexchanges. It's basically what everyone wants. Waiting for massadoption can take another decade. The masses come late but that's not a problem because there are coins for that like VTC, Myriad and others which are on purpose inflationary for a long time. Let the slow people buy franko. We want to moon as soon and hard as possible and not wait for another decade. If we wanted to wait for decades we would buy inflationcoins.  Wink
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November 15, 2014, 04:00:27 PM
 #4079

NXT Assets are easy technically, though convincing people of the value and legitimacy of holding behind each Asset is an entirely different scenario. The NXT Wallet has had the ability to create and trade in NXT Assets for some time.

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November 15, 2014, 06:17:38 PM
 #4080

NXT Assets are easy technically, though convincing people of the value and legitimacy of holding behind each Asset is an entirely different scenario. The NXT Wallet has had the ability to create and trade in NXT Assets for some time.
Ok, so making a Un asset on NXT would require trust in the issuer of the asset. That's easy to understand. It's not as though the NXT network can actually escrow the asset (although that would be killer if it could). 

The stuff I'm struggling to grasp is the mechanics of creating it, and the rules that can be applied. For example, can the asset be recalled?  How much of a network fee is applied to trading the asset.  How to list the asset on a nxt exchange.  Can an asset be "pegged" to the price of Un, or do you just declare that we are initially selling 1000 Un @ 150 NXT.

Also I'm unclear if there would be any benefit to the UNO community of issuing an asset on NXT, outside of locking up a quantity of Un.  It might draw trades from current exchanges; unless it's directly convertible for Un, I don't think you could arb any imbalances.  Am I missing something?
Only reason to try this that I can immediately see, would be to further our education in Crypto.  Maybe it goes nowhere, or maybe something unexpected happens.

Perhaps derivitive Un futures and hedges settled in NXT make more sense.

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