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

[prominerone]

[1715314224]

1715314224

[1715314224]

1715314224

[1715314224]

1715314224

[prominerone]

[prominerone]

[IMZ]

Always great colours, P.!

[FallingKnife]

idea: is it possible to enable merge mining with let's say only NMC and DVC but not with btc?

So to say give people the option to choose between uno or bitcoin to mine with their NMC and/or DVC?
...but not allow for merge mining uno with btc directly?

Is this an option?
Possible to do?
Possible Sideeeffects? Will it hurt decentralisation?

It would probably be posible to merge mine with NMC or DVC, but... why limit the miners? I don't understand why someone would want to choose between Uno or Bitcoin, when they could mine all four (Btc, Uno, Nmc and Dvc) simultaneously. merge mining increases the potential for producing a hash that will pay.  It's sort of like having a job that multiple employers will pay you to do. Or buying a lottery ticket where one number might pay off in multiple lotteries.

Someone put a similar question to Cex.io, this was their reply:


The question about decentralization if merge mining came to pass is less clear to me. Would Uno be more or less centralized on average? It's also unclear how much decentralization we currently have for Uno.  

The current extraction details are not very clear.  P2Pool could be one person, or 20 people. We don't really know, currently.


Ideally we would have find that there are many pools doing merged mining that would add Uno. Given that our hash runs 15-30 ths, it's easy to assume that we're probably already rather centralized, relatively speaking.  There are some guys here on the forum who I presume easily could put up 50% of our curent hashing power if they wanted to.

[BitcoinNational]

visual idea > written idea


The Value of Bitcoin

$50 yes that's the price for me.  Today.

BTC $50 needs $180,000 of new investment everyday until summer 2016
And in 2016 I will pay $100 because that is when the BTC network halves.
Now let's just call the in flowing capital $200k/day to make the math easy.
This is $73 Million dollars in capital gains per year.

Price if BTC can average $200k in new investor dollars EVERYDAY for 36 years.
2015 BTC $50  thus everyday $200k with coin inflation #3600/day
2016 BTC $100 thus everyday $200k with coin inflation #1800/day
2020 BTC $200 thus everyday $200k with coin inflation #0900/day
2024 BTC $400 thus everyday $200k with coin inflation #0450/day
2028 BTC $800 thus everyday $200k with coin inflation #0250/day
2032 BTC $1600 thus everyday $200k with coin inflation #0125/day
2036 BTC $3200 thus everyday $200k with coin inflation #0063/day
2040 BTC $6400 thus everyday $200k with coin inflation #0031/day
2044 BTC $12800 thus everyday $200k with coin inflation #0016/day <<--UNO today
2048 BTC $25600 thus everyday $200k with coin inflation #0008/day <<--UNO in May
2052 BTC $51200 thus everyday $200k with coin inflation #0004/day <<--UNO in 2017


Yes $2 invested today can be cashed out in 2050 for around $50k.
Yes BTC will probably be around $50k also but UNO coins will be nearly x100 more rare.

And this is just if UNO community sticks to being a 'crypto commodity' only!
If we create UNO enterprises (DACs that generates value ... like IBM, GE, or Microsoft) then the prices is much more.

Berkshire stocks are priced more than $100k each, UNO shares can accomplish this too.


^{1 if real value BTC is $50 today ... then real value UNO is 0.02 btc ... today}
_{2 uno = $2 ... if btc = $50 then what is the fair btc value of uno ... still $2 but adjusted to btc 0.02-0.04}


 

[balu2]

uno rising

no more sellers for Litecoin - next offer: 500 LTC for 1 Uno on bleutrade

[FallingKnife]

[FallingKnife]

I'm happy to see the "danger" warning removed from the UNO market at Bittrex. Thank you all for heeding the call to action.  We easily cleared that hurdle, but lets be vigilant and keep the market liquid and moving so we don't have that problem again.

There's some good trading on Trex today, check it at https://www.bittrex.com/Market/?MarketName=BTC-UNO

[prominerone]

*************************************************************************************************************************

       

[BitcoinCharlie]

Welcome CashFlow!

[smalltimer]

boom goes the dynamite 

[FallingKnife]

@prominerone right on the money with the commentary, as usual!

Get the buy orders ready for cheap BTC!!!  
Cheap btc means uno buy opportunity to me.  The bitcoin-fueled Un jet is ready for takeoff!

[IMZ]

@ Cashflow: welcome!

@ FK: the Bittrex thing is a group responsibility. Thanks for being on the ball.

And: me gonna try to make Un-Ex a bit more grown-up looking. I noticed what a great job you did of Page One of this thread. Will try to replicate it.

@ $$$: Yesterrday I got $AU 550 in funds to sink into Uno. Don't let Uno go to $10 before I get to the bank tomorrow.

m

[BitcoinCharlie]

Has anybody noticed the order on 'Trex that appears and disappears like it was doing the other day?  Today it is for 71.42744899. Is that due to a bot gone bad?

@IMZ Yay for more fiat!

[learminer]

Has anybody noticed the order on 'Trex that appears and disappears like it was doing the other day?  Today it is for 71.42744899. Is that due to a bot gone bad?

@IMZ Yay for more fiat!

Pretty much whenever I traded UNO on Bittrex there's been weird orders like this. Added, removed, added at a slightly different pricepoint, removed again, added again, often very quickly. This bot has been running for a while now, mostly on the buy side from what I remember.

[IMZ]

Price-Independence:

Now's the time, campers!! (I will pay a 5% premium for Uno from any Australian -- P-WIP.)

Wherever in the world you are, set someone up with an Uno wallet, and sell them some Uno for the Local Shekel or for bullion (or a second-hand bicycle)

[smalltimer]

uno really epic today.

Good correction

[balu2]

CMC RED

winner of the day:

[Benefactor]

4 a gud time, sell LTC for UNO on AllCrypt.  

DOGE, too!

Bleutrade, too!