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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.0  (Read 1040075 times)
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FallingKnife
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May 02, 2015, 11:34:54 AM
 #7881

This latest dump was around 4,000 UNO or 2%+ available supply?

Too lazy to check the numbers ... and it will be hard to tell exactly ... How many coins just traded back and forth? ... but it looks like very little action has occurred after the fact of the large drop ... this is ABNORMAL ... normally when you get a volume spike that kicks off 3-7 days of high volume trading back and forth ... UNO was hit by 56BTC volume and now in less than 48hrs it is down to 1BTC.

So yes around 4,000 UNO or 2%+ Total supply got sloshed around and appears to have already solidified.  This is very remarkable feature of UNO.  Most coins would be in melt down mode.  UNO is looking cool and collected, it would be nice to refill the btc backing in the books.  But the sell pressure only ticked down from 11 to 10 and at that it is only a 200kg blockade.  

What is more boggling is that the dumper dropped 100% or more of the next 100,000 blocks of mining production.  That would sink most ships.  UNO is still a floating!  

The fact is UNO is racking up experience: CoinEx Hack, Mintpal Theft(and recovery!), Woolong fiasco, and now long spells of sell pressure coupled by heavy hard hits.  UNO is Battle-Hardened and field tested to the max!  

tldr;  Look at the 1 year chart and it was a Top 5 volume spike.

 
May have been a failed shakeout.  If the dumper was expecting to leverage Rojan's buy wall to incite panic selling and buy back cheaper for a pump, the panic didn't materialize.   Uno's core hodlers welcome dumps, and are not frightened by them.  If you want to incite panic, don't dump it --  instead buy it to .03.

This dump tactic would have worked well in virtually any other coin, including bitcoin.

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May 02, 2015, 11:39:48 AM
 #7882

Did anyone else notice other unusual dumps around the same time as the UNO dump?

ZET and - makes me LOL to even type this - Cryptsy Points dumped in a big way around the same time as UNO. Dash also a little but that wasn't nearly as dramatic. Coincidence?

Which would support the hacked account theory.
Yeah I'd agree except for he timing. I mean I was expecting a dump this weekend since back in march. I didn't think it would be this dramatic, I was expecting maybe a ton or two, not five+. But everything else fits my predictions so its hard to believe in a hack.

Except if it really was a communist hacker witch that broke into an old account and knew my TA. Wink

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May 02, 2015, 02:00:49 PM
 #7883

This wouldn't be the first hacking or theft dump.  
Remember CoinEx?

Shows again why it's risky to leave that many coins at exchange.


I'm looking at this dump as one giant beartrap. I know i bought from panicsellers   Grin
I think this dump especially was shaking out many sellers at once. I think we'll get it sorted next days to turn it back up north again.
It really trades like a commodity.
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May 02, 2015, 03:02:58 PM
 #7884

I saw this posted on reddit.com/r/unobtanium:
Purse.io has integrated Shapeshift.

From what I am reading, it should allow you now to spend your Unobtanium on Amazon.com.

"ShapeShift.io, an instant digital asset exchange service, has partnered with Purse.io through an integration of the ShapeShift Shifty Button. The integration allows Purse.io users to purchase from Amazon.com with leading digital currencies beyond Bitcoin."
Read more at http://www.virtual-strategy.com/2015/04/29/purseio-integrates-shapeshift-allowing-digital-asset-deposits#axzz3YiJpj5mx#O5E8XArvW6pdtIek.99

Who will be the first to try this and report back to the community?

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May 02, 2015, 09:57:18 PM
 #7885

Did anyone else notice other unusual dumps around the same time as the UNO dump?

ZET and - makes me LOL to even type this - Cryptsy Points dumped in a big way around the same time as UNO. Dash also a little but that wasn't nearly as dramatic. Coincidence?

Flappycoin (lol) exactly same dump. Also pretty big.


I think we handled the flashcrash pretty well. Shows how strong the Uno market is. Well done, guys.
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May 02, 2015, 10:30:36 PM
 #7886

In my mind Uno is nearly "dump proof". Due to the limited nature of the coins and such, every time it is dumped, the assumption made is that it is dumped into willing hands. People who want the same opportunity that the dumper just had. If everyone held for the same amount of time as the person they purchased from, as long as demand stayed constant, the price should rise. That is the simplistic beauty of Uno.

It is difficult to predict, if at all possible. We all have our own special voodoo about these things but when you look at the charts... which was something i found sorta ironic about the neucoin or whatever that ipo scam coin is called. Their claim was their distribution model was so different from everything out there. WRONG. Uno was the first with their distro model. Of course the first people to obtain Uno were the miners. Now if each miner sold to two people, and those two people each sold to two people. Boom, fair distro, no ipo, no bullshit.

Okay, i dunno about Uno's theme song, but all i thought of was blueman (anyone watch it's always sunny in philly? i always think of charlie doing 'green man' when i think of blueman lol) when i was listening to this song;


https://www.youtube.com/watch?v=68ugkg9RePc

We can't grow when we won't criticize ourselves!
-->>>Unobtanium - The crypto you keep!<<<--
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May 02, 2015, 11:14:50 PM
 #7887


Okay, i dunno about Uno's theme song, but all i thought of was blueman (anyone watch it's always sunny in philly? i always think of charlie doing 'green man'

 when i think of blueman lol) when i was listening to this song;


https://www.youtube.com/watch?v=68ugkg9RePc


or these guys:

https://youtu.be/fZ0wBrSjlI0
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May 03, 2015, 12:36:42 AM
 #7888

"Uno's core hodlers welcome dumps, and are not frightened by them."

Yep.

@ Shape-shift thing: will talk to IMZ Ian tomorrow. Perhaps we can trial it.

@ Lime-Green Guy: I took a tab of that back in the Sixties; but a couple of days later I was okay again.

IMZ Mark
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May 03, 2015, 06:02:36 AM
 #7889

Of course the first people to obtain Uno were the miners. Now if each miner sold to two people, and those two people each sold to two people. Boom, fair distro, no ipo, no bullshit.

UNO is the X(as in NO) B.S. coin.

The first distro was a competitive mining epoch (already more than a year ago completed).
The next distro was to the committed miners (stick with it Hash guys) and the first round of serious investors.
The prices have been fairly stable in the $ ranges for 1 year, that gives more rounds of distro to new investors.

UNO has demonstrated the will to reach $5/kg once that is achieved this will bring on a whole new group of interested investors.  

A fair a wide distro all the way along.  Plus the occasional shake out to test ones faith.

Yeap that is the No B.S. 'fair' way to do it.

(ps ... Mr. Green might be the mascot of the 'ask' sellers and Mr. Blue the mascot of the 'bid' buyers Smiley )

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May 03, 2015, 07:19:55 AM
 #7890

"Now if each miner sold to two people, and those two people each sold to two people. Boom, fair distro, no ipo, no bullshit."

SirSmokes, this is an essence of IndiaMikeZulu's 'quaint' style. Ian and cragv and I are the core of 'IMZ,' but ten of us hold Unobtanium (and five hold silver bullion as well).

Dang! The woman who delivers my mail owns 350 Uno!

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May 03, 2015, 10:02:06 AM
 #7891

I wasn't planning on buying any UNO until next week and had no bids, but had to panic buy @ dump prices.  Support continues to HODL.



https://cryptrader.com/charts/cryptsy/uno/btc

Yes that is my kind of chart.
Would make it to my watchlist if UNO was not already on it  Tongue
Considering I limit myself to 3 issues hehe.
 , high volume spike, Long tail on a down slide, on a longer term uptrend.

Can you feel the wind a brewing?
get the spinnaker ready, just in case.
Sold a computer on the bay this weekend, have to tip it into BTC toot sweet.

insert witty signature here
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May 03, 2015, 10:13:57 AM
 #7892

or could be final chance to jump ship of course hehe but definately LOOKS like a stop raid.
Is why technical and charts is for want of a better word fun.
You see emotions, and bots reacting to them right on the screen. (typed paper but Im probably the only one reading this forum ever traced a line onto graph paper lol).
Thing is I think crypto is to come rather than , here and finished, to be traded daily.
Sure can make coin trading but the real game is use and acceptance of the ideas.
SO why sell? unless to buy again...or get out.
If buy again, not selling means higher price.
Getting out means you think it will fail...or want temp price dip, to buy again.
Tacktic.

insert witty signature here
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May 03, 2015, 11:40:18 PM
 #7893

Little Markie squirming in his seat. Wants to panic buy. Got no Btc. Btc incoming today. Squirming, squirming.

And haven't forgotten Edgar's merchandise. And gonna talk to Ian this morning about trialing Purse on Amazon.

m
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May 04, 2015, 12:01:04 AM
 #7894

Who will be the person to put us on the 400th page in this thread?

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May 04, 2015, 12:11:12 AM
 #7895




Oh shit yeah. Come over to our house.

We're ready.

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May 04, 2015, 12:28:16 AM
 #7896

Me! Send well-wisher donations of Unobtanium to OfficialInternationalChurchAndCharityofMe (Wallet address in my signature.)

EDIT: blast! Here I still am on Page 399!

m
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May 04, 2015, 01:29:34 AM
 #7897

Did you know that there are 35 wallets with at least 1000 Uno?

Did you also know that UNO now has 3 awesome richlist providers?

http://chainz.cryptoid.info/uno/#!rich
https://cryptap.us/uno/richlist/
http://blocktree.io/richlist/UNO

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May 04, 2015, 02:40:12 AM
 #7898

Did you know that there are 35 wallets with at least 1000 Uno?

Did you also know that UNO now has 3 awesome richlist providers?

http://chainz.cryptoid.info/uno/#!rich
https://cryptap.us/uno/richlist/
http://blocktree.io/richlist/UNO

Tres Bien!!
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May 04, 2015, 02:45:05 AM
 #7899

Did you know that there are 35 wallets with at least 1000 Uno?

Did you also know that UNO now has 3 awesome richlist providers?

http://chainz.cryptoid.info/uno/#!rich
https://cryptap.us/uno/richlist/
http://blocktree.io/richlist/UNO

Another reason for UNO.  We slowly but surely build up the nuts and bolts real infrastructure.  Much more dedicated to useful tools, merchant adoption, community hubs, and trade (exchange listings) and less so concerned with fancy websites and media hype. 

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May 04, 2015, 07:46:46 AM
 #7900

First trade on Cryptopia. Buy-sell split better than Cryptsy!

Mark
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