I don't believe the Wolong hype.
He's long gone.
There would be nothing in altcoin history that would suggest that Uno would survive after the Wolong pump; it would be incredibly risky for him to stay in. He simply would have continued to pump it until he was out. Even Doge looked finished after Wolong. And before he was done with Un, he was pumping... what was it... DevCoin? Or Digital Coin? Whatever it was.... even in the midst of the Uno pump he was already extracting money and moving into other coins. I don't think he left any money on the table. Some of the weird pastebin posts I read presumably from Fontas and others I think were fakes from bagholders.
Rule number 1 for pumping: don't start the pump until you already own the coin.
Here's how I think things went down:
His exit began shortly after the announcement, and was finished at the mark.
There may be other Wolongs lurking on this thread, but it makes no sense to me that this guy would leave so much money tied up in a single altcoin.
It may be that another Uno shakeout is at hand. It happens every few months.... long timers know this and don't sweat it. Short term hodler's often get tired or scared, or worried that they're in too deep, and they sell off cheap.
I'm here long term. I've been here since the old announce thread. I'm not going away. I post almost every day. I am not worried. I've seen this before, several times.
While I prefer a higher price for the good of the community, and because it's fun to see my Un investment continue to grow without having to do any work for it, I will certainly buy in for additional tonnes at cheap prices. It's been difficult for me to add at these .01/.009/.008 prices. But in the 005s or lower, with bitcoin as cheap as it is, this could become a major change of hands for Uno.
Don't kid yourself. Manipulation goes on in every altcoin market. Every single one. All of 'em. Even (especially) Bitcoin. It's pretty easy to force down the price of Uno if you own 2 or 3 or 4k of them; and if you could force the price down to try and scare weaker hands out of their Un cheap, you probably would.
It's going to be difficult to keep Un down long term, because you don't get any help from inflation, and eventually the market will absorb your cheap Un, and the turtle will win this race.
It's not Wolong. It's you guys. Wolong is long gone.
