[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[Zelig]

@FN: Will add my few bob to bittrex UNO volume. Thanks for the heads up.

Just purchased 1.6 and replaced on sell for 0.0059.   And, placed an order for 4.5 at 0.0056.

New to this, so...

Mostly, I just buy and hold. 

Z

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[cragv]

Mostly, I just buy and hold.

[IMZ]

@ Zelig: I am new to the trading part. Let's learn together.

My policy on this is clear: trade where it's profitable, and put the profits into Unobtanium.

And we have an in-house exchange (and the world's only in-house currency) Come and visit:

https://bitcointalk.org/index.php?topic=757232.0

Mark (IndiaMikeZulu) Australia

[Zelig]

Mostly, I just buy and hold.

Just checked... last time I sold was 10/9/14 1115, 0.3316126 UNO, Net; 0.00090304 BTC.

The time before that was 2/9/14... 1 UNO

But, I guess I'm small-time.  Main holding here; uMcNfnrRFXWLdgr4wLkeCd4SBNf91XrMvb   

And, tonight was the first time purchasing on Bittrex after reading the call to add to the volume.  So, that's all...

I'm on strict orders from, you know - the *boss* not to buy more crypto till next payday... and way down on BTC, but I guess, I too want to protect my UNO investment.  So, doing what I can.  

I am interested in the in-house exchange.  But, I guess right now it's about keeping us listed on Bittrex.  

I'm not experienced with active trading.  My current cost average is 0.0063, so selling at 0.0059 even after a 0.0056 purchase is a loss.  But, like I said, the focus now is helping to maintain Bittrex standing.  TMI?

Z

P.S.  Thank you to whoever sold me the 4.5... marked up and re-listed.

P.P.S.  IMZ, once we get past this Bittrex thing - whatever the outcome - I want to learn more about the in-house trading.  Especially if that avoids the commission fee.

[rojan]

All markets are thinly traded at this time of year - I don't know if that factors into the bittrex calculation for UNO trading??  I expect things to pick up over the next week or two as the month of December and the year 2014 are ending.  UNO market at bittrex and elsewhere should pick up as we roll into January 2015.  What will 2015 and beyond have in store for the small experiment that is Unobtanium?  

[BitcoinNational]

Mostly, I just buy and hold.

nice new UNO meme ... so say we ALL


---
RE: the market chart

I think the last month has been very bizarro with the wolong wanna be dumpino plus a flat market plus Xmas/NewYears.

Looking for alot less dumpage on the next cycle up up down flat [Repeat]

If we are at a very SOLID 0.025 in 12months I am more than happy to Buy&HodL.

by 2015 SOLID 0.006 (are we there yet?)
by 2016 SOLID 0.025
by 2017 SOLID 0.100 ... U-Nation's are forming in numbers and trust
by 2018 SOLID 0.400
in 2019 UNO is a true "ZERO" inflation crypto and can pass BTC [the mine will produce about 2kg / week]
4 year turtle game plan
Vision 2020 .... 0.0001kg/3min ... ONE Kilogram is 'Un-obtain-able'

This is not hyperbole ... $15-25M in market capital is all I think is need to make 1UNO=1BTC price wise.
Then UNO @ 0.000033kg/min vs. BTC @ 0.65/min ... you could see $Billions in a watershed BTC flight from 2020-2024.  

----
the TALKING point to this

1. Inflation

2. BTC is the VISA a big network handling 1000s of transactions it's already a multibillion dollar DAC.  It's function is liquidity NOT storing value.  It moves value in mass, just like VISA (which is a $165B company why BTC faithful think they can better that number is beyond me).  BTC is not scheduled to be a store of value network until 2040ish.

3. UNO is the gold bullion vault on a network technically equal to BTC in every line of code.  It was designed to be the STORE of VALUE coin.  A btc mining company can be a uno mining company in 1 minutes time.  

4.  BTC $12500 is this
     UNO $12500 is MATH

UNO shot up to about 80% in 2014 ... then takes 4 years to actually hit 80% ... then takes 300years to approach 99.9%

[ashane]

Unobtanium (UNO) - the closest to bullion retail in the crypto-market!

[FallingKnife]

All markets are thinly traded at this time of year - I don't know if that factors into the bittrex calculation for UNO trading??  I expect things to pick up over the next week or two as the month of December and the year 2014 are ending.  UNO market at bittrex and elsewhere should pick up as we roll into January 2015. 

Hi Rojan, I completely agree. Its a slow time of year.  If we all step up and do a little, we'll keep our Bittrex market and help it ride out this little down turn.

To keep a market, Bittrex needs at least .2 btc each day, averaged over a week, or about 1.5 btc per week. I think we should set our minimum at 2 btc/week.

Bittrex also wants to see that people are interested in the market. It would really help if everyone reading this could at least keep a few Uno on the books at Bittrex.  Put up a few buy or sell orders, make a few trades. It doesn't take much and we're over the minimum. 

But lets all get on it today, please. We don't want to lose Bittrex just because of a temporary volume dip on that exchange.

[BitcoinCharlie]

We hit the quota today

Bittrex Volumes today:

BTC Vol
1.12268385 BTC
UNO Vol
195.35801205 UNO

Anybody have any insight on the front-page Bittrex advertising? Would it be worth spending some UNO to put UNO on the front page? Might get some more traders? Might also get some unwanted pumps?

[IMZ]

@ B.C.: gotta say I'm not big on the idea of advertising. Let us develop a 'turning-away-from-the-screen' culture -- 'on-da-street': family, friends, colleagues, local merchants.

M

[BitcoinNational]

@ B.C.: gotta say I'm not big on the idea of advertising. Let us develop a 'turning-away-from-the-screen' culture -- 'on-da-street': family, friends, colleagues, local merchants.

M

Agree on this.  I think UNO is approaching (or at this very moment) a turn up flip ... in good faith and with strong confidence you can get family and friends in on the deal ... $100 6months and underwrite any losses ... No Brainer just Buy and Hold.

We want real social connections at the foundational price entry ... $2 - $5 - $10

Then we be in a position primed for ADVERTISING to select markets.  2016-18.

But the best AD is a nice graph that starts in July 2014 and keeps going up in regular intervals.  

Again push UNO on people you like and enjoy talking to FRIENDS.  Small amounts.  "This is bitcoin but ground level and without the inflation problem". 

Second market is the crypto community we like but need to encourage a little.

Third market is the rest of the crypto community going "Crap this UN thing is maybe a big deal maybe I better buy some"

Fourth market is the pumper dumpers ... at that point good luck dumper dudes you've yet to play with a rare coin with nano inflation.

Then we are to the point of advertising to select markets year 2016. 

[BitcoinCharlie]

@ B.C.: gotta say I'm not big on the idea of advertising. Let us develop a 'turning-away-from-the-screen' culture -- 'on-da-street': family, friends, colleagues, local merchants.

M

I agree. An organic approach is the best. I was just thinking it might help solve our constant, low-volume Bittrex trading issues...

I'll just keep some coin over there at Bittrex and buy and sell to myself if the volume is low on a given day.

[IMZ]

"Finally: my home-coin, Unobtanium:

It has recently been cheaper in price because the market has been ‘absorbing’ some big amounts of coin being sold; but (a) the price is just about at bottom now (we know this because it is a very rare coin: there are never a lot for sale); and (b) there is an important halving in May next year:
https://bitcointalk.org/index.php?topic=527500.4960 [The blue graph]

Don’t just accept my advice, readers. Watch Uno’s price. See if it starts steadily rising in January and February."

I have sat on my hands for too long in the articles for the South Korean community (been writing weekly for months now). Didn't want to seem to be upstaging Dokdo Coin. But it's time to encourage the Koreans -- they really have been having a hard time! So I included some info on Coins to Watch.

m

[FallingKnife]

@IMZ +1!

[rojan]

http://www.dc-charts.com/chart_uno.php?ex=2&cu=0&sw=0&tz=7&ar=1&dl=0&js=0&sc=1&re=0

Testing support ~ 0.005 continues, then... Should be a Happy Un Year.

[FallingKnife]

Congratulations, UNO community on the effective outreach effort.  BraveNewCoin has sided with you and has added support for UNO to their index.






Those of you on Twitter, please RT.
They also posted a comment on Uno's reddit; if you could add a message of support there, it would be appreciated. https:/reddit.com/r/unobtanium

[BitcoinNational]

How about that  They are smarter than I thought.

--------
Resolutions 2015

I.
More doge/UNO and $/UNO less btc/UNO trading
HOW?  If doge shows a steady price (it should fair better than btc so safer liquid store) then buy in on its dips, exit doge to UNO
Same with $ but you have to trust them 'stored' at the exchange (plus no $/btc liquid markets that have UNO listed too).  So doge looks better.

II.
Buy gold Buy silver Go DVC ... the pros say be 10% in metals (I think this crowd might feel comfortable at +20%)

III.
Build bridges with other smart coin communities.  

IV.
Smart storage solutions ... thinking on this will report back.

V.
Keep up the monthly stashing of kilos into cold storage.


Prediction 2015
BTC spent 9 months above the long moving average
Now already BTC is south of the long MA ... it will test the +500day MA lines ... and likely panic below them too.
18 month cycle half up half down ... and a hard spike down into double digits ... $200 is the 500day MA line

be prepared to pump UNO ... if we can be rock steady when the panic hits ... wow ... +0.25 ranges in just hours.
 

[FallingKnife]

ProminerOne and I have been in touch with a reporter who has been writing an article about UNO and it's low inflationary attributes.
It shouldbe featured in a forthcoming issue of Jyaps's  CryptoCurrencyWeekly newsletter.

If you would like to read the article as soon as it comes out (and not wait for the latent publishing of the newsletter to the web) signup to receive it by email at http://cryptocurrencyweekly.com/

If the article is published (and it seems like it will be) it will bring UNO to the attention of more than 500 crypto enthusiasts/traders/investors!
From what I have previewed of the article, it will serve as an excellent introduction (or re-introduction) of UNO and it's community to these investors.

[FallingKnife]

Uno was recently supported by cloud mining operation Genesis-Mining.
I've been mining with them about a month, and have had good results.
There seems to be a lot of Cloud Mining scams right now, and because Genesis is important to the Uno hash rate,  I thought I would offer a couple of links up to the community.

The first is a presentation given earlier this month by Genesis-Mining CEO Marco Streng. If you're still not sure what mining is, or how it works, Marco does a good job taking you through the basics.

http://bravenewcoin.com/news/marco-streng-at-bitcoin-south-bitcoin-mining-and-the-future/

The second link is all about vetting Cloud Miners.  This "Cloud Mining 101" thread ranks Genesis-Mining relatively favorably compared to others that are purported to be scams.

https://bitcointalk.org/index.php?topic=878387.0

The scary thing with cloud mining at Genesis or any other cloud miner is that your hash investment could quite literally disappear at the flip of an off switch in some far off land.  

I'm going to up my hash at Genesis and keep in on Uno, which isn't an enirely rational decision (but you should know by now I'm not totally rational).. If you are also thinking about getting into cloud mining, first consider whether it might be better to just spend that money to buy Uno, rather than wait a year or more to see it paid back.    If you still want to take the plunge, then check out Genesis for 2 reasons: a) because they support Uno and your hash can go to help secure our network, and b) Genesis scores high as a legit operator.

Uno is also very well served by some reliable pool operators. If you really want control and have a desire to learn, you can now buy a 2nd-hand 1THS miner on eBay for around us$500, and prices are still coming down. If you know what you're doing, and you don't mind the heat and noise, high electricity bils and fussing with software drivers, then mining Uno at home might be for you.  Uno can use whatever hash you're willing to throw at it, whether through a pool, from the cloud or soloing at home.

[IMZ]

@ B.N.: fine resolutions! I will bust my hump to support you in this.

 'Cold storage'? No muckin' around: if someone will show me how this works, I'll put up 100 Uno today to launch an 'equity DVC' experiment -- though I would like the blessing of FK and Benefactor and Everyone on the idea.

@ FK: go, publicity!

@ Genesis will be part of IndiaMikeZulu's 'model,' but I will hold off for three or four months, 'til Uno's price is clearly lifting.

m