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

[gustav]

TA on bitcoin:

All support has been borken aswell as the longterm growth-trend. Now it dumps.

From the perspective of pure technical analysis the next supportlevel for bitcoin is in the 80$ to 120$ -range

The bearmarket is after 1 full year still very much intact and seems to accelerate.

I think in case it sells off a little bigger (which is entirely possible) it should be considered to be an altcoin - and we actually know where it went wrong and uno provides a very real solution.

I have been bullish for btc for a long time but had to turn extremely bearish as we broke through the 320$ - level

@IMZ nice picture.

[IMZ]

@ Gustav: thanks for the TA. It helps noobies like me.

And "I have a dream of a 5 or 10 bitcoin buywall a decent bit below marketlevel. One can dream  Smiley
If everyone chucks in 0.5 btc at the high 6s or low 7s we would look pretty good. Not in a rush at all."

Check this:

http://indiamikezulu.com.au/491/coretanium/

m

[FallingKnife]

Hey guys, Bittrex could use some attention.

There's good orders on the buy side, but a very weak sell side.  

Doesn't anybody want to sell a little UNO??  Man alive, this not a problem very many cryptos face:  too many buyers, not enough sellers.  
It's a uniquely Unobtanium problem.

Anyway, if you could spare a few to sell on Bittrex, we could really use it.

How about it "Mr. 688 Uno Wallet?" Can you take a little profit here?

[IMZ]

.25 Btc-to-Uno me on Bittrex today

Will sell a few too

[gustav]

have to correct on TA. We bounced from 255$ of course.

@IMZ on the link: yes, always have something on the side. 'Always keep some in every basket'. Can't go all-in on a thing especially not on a cryptocoin. Potato-traders need to be factored in.

[IMZ]

@ Gustav: my thought, though, is to semi-formalise the practice as an aspect of 'The Mall.' It works the same way as the liquidity engine will. Investors and others can see a plan of action.

Cragv and I are going to put the Australian liquidity engine into motion (in a tiny way) next week.

m

[BitcoinCharlie]

Hey guys, Bittrex could use some attention.

There's good orders on the buy side, but a very weak sell side.  

Doesn't anybody want to sell a little UNO??  Man alive, this not a problem very many cryptos face:  too many buyers, not enough sellers.  
It's a uniquely Unobtanium problem.

Anyway, if you could spare a few to sell on Bittrex, we could really use it.

How about it "Mr. 688 Uno Wallet?" Can you take a little profit here?

I'm not Mr. 688, but I bought up enough $UNO to hit the daily minimum...

[FallingKnife]

Hey guys, Bittrex could use some attention.

There's good orders on the buy side, but a very weak sell side.  

Doesn't anybody want to sell a little UNO??  Man alive, this not a problem very many cryptos face:  too many buyers, not enough sellers.  
It's a uniquely Unobtanium problem.

Anyway, if you could spare a few to sell on Bittrex, we could really use it.

How about it "Mr. 688 Uno Wallet?" Can you take a little profit here?

I'm not Mr. 688, but I bought up enough $UNO to hit the daily minimum...

A tip o'the hat to you, Sir!

[Benefactor]

.25 Btc-to-Uno me on Bittrex today

Will sell a few too

Don't take a loss.  Sell higher than your buy plus commission, plus at least a little extra.  (I'm sure you know this, but I just wanted to say it out loud for some reason.)

[BitcoinNational]

we can still try to open backchannels to the devs and re explain the benefits of merging with uno

let's try our best now to get the small coins to auxpow with uno. That's a good thing and won't do any harm to anyone. I very much support that.

+9

---
Let's table the fork/AuxPOW into BTC.  (My hope is that we have +1 year before it needs to be addressed)
Let's get the AuxPOW into UNO first.

I think the offer to other coins will be:
1. You fork in the code (we help) [we create plug-n-play AuxPOW into UNO]
2. If our association of coins still is drawing too little Hash, then UNO will fork into Aux with BTC.  

Does that not make all players now too Linked-In with the Monster Hash Network?

[BitcoinCharlie]

A bit of good news, the Cryptsy wallet got drained of another 800 or so $UNO

47,323.2 UNO   24.51 %

[IanRidgwell]

Is mining UNO currently profitable?

[rojan]

---
Let's table the fork/AuthPOW into BTC.  (My hope is that we have +1 year before it needs to be addressed)
Let's get the AuthPOW into UNO first.

I think the offer to other coins will be:
1. You fork in the code (we help) [we create plug-n-play AuxPOW into UNO]
2. If our association of coins still is drawing too little Hash, then UNO will fork into Aux with BTC. 

I agree with this approach.  UNO is asking other coins to take action that UNO itself is willing to take if it means adding value, survival, and long term success.

[chaoman]

why would I point my 1k+ terrahash at uno? for what reason would that make sense?

[BitcoinNational]

re: Why mine UNO?

why would I point my 1k+ terrahash at uno? for what reason would that make sense?

1. The UNOaux chain would offer you good range of coins to either hold or sell.  
2. The future value of the UNO you mine will be significantly worth more in the future.
3. It might be better to mine BTC and use the revenue to buy UNO, multipool method, check coinwarz to know more.
4. 1 TH/s added to the UNO network gives you about a 3% share on the rewards, on BTC 0.00000001% share.

re: coretanium / bitcoin reserves

http://indiamikezulu.com.au/491/coretanium/

This is ‘The Mall,’ a model in which the community is ‘within’ the finances and energy of the coin’s community.
...
We have made a solid start on ‘U-nation’: Un-Ex/DVC/liquidity pledges, etc.

It’s the same idea: Unobtanium is the core element of a project that is much bigger, and which pivots on our ability to work smart with Uno folk we trust

(Would you put some of this coin in a multi-sig wallet?)

1. Keen on the multi-sig idea, but know only that btc has the function.  How to make it work?
2. Yes to $reserves also.  Prefer cash reserves as the bulk reserve.

BTC is headed to $200 (without doubt) When? Don't know, tomorrow or mid-March.
But it will test below $200 ... that's a goodtime to stack some BTC earmarked to defend value in bear UNO markets.

Conceptually core-tanium should be positioned to buy-IN if UNO enters 30-60-90 day move average lows.  Or it is just one big lump that goes all in at X-price.  ie ... UNO has a rock bottom 'par' value ... the core-tanium reserve.

re:NuBits

UN-ex is well on the way to offer a similar product.  (Likely better)  Why?  Nubits are controlled by CCEDK exchange, UNO is traded on +5 exchanges.  I still do not know what network the nubit is on (just a sidechain of BTC?).  But the Nubit model does not seem much different than the DVC.  The pattern is out there ... basically coinA is the enterprise (takes the risk gets the reward) and coinB is the fixed/stable value.  I would say UNO is coinA is the enterprise coin (free to go up up up).  

[Zelig]

Hey guys, Bittrex could use some attention.

There's good orders on the buy side, but a very weak sell side.  

Doesn't anybody want to sell a little UNO??  Man alive, this not a problem very many cryptos face:  too many buyers, not enough sellers.  
It's a uniquely Unobtanium problem.

Anyway, if you could spare a few to sell on Bittrex, we could really use it.

How about it "Mr. 688 Uno Wallet?" Can you take a little profit here?

I went crazy one long drunken night buying UNO (Crazy for me, I mean).  I think it was the 29th or 30th.  I sold back a little less than half of that night's purchases over the next week at a nice, albeit small, profit.  My goal that night had been to lower my cost average.  But, you know - at the moment, I don't want to sell any UNO.  In fact, I wish I didn't make those sells!  Still, I'm just sitting here this evening looking at my excel spreadsheet thinking - I heart UNO.  

Z

[IMZ]

@ Core-tanium:

we're going to work it out together, B.N. The fiat part -- the 'liquidity engine' -- gets its first trial next week.

The Bitcoin buy-support part? It doesn't have to be formalised. (The bullion and Uno that back DVC have to be formally Verified. That's different.)

The important thing to understand is that this is part of 'The Mall' -- a community 'mechanism' that shows that we are way way bigger than 'just' a currency. So, to begin, we could do it as pledges.

Give me a month. Then, as a trial, I'll post a Btc address that contains (always at least) .5 Btc. That .5 sits there until Something Happens, and we all spontaneously call out, 'Buy support!!'

Again, B.N., it's about public perception, about demonstrating that this community has much bigger plans.

m

[rojan]

 
Not much UNO being sold below ~0.008 for the last few days and a lot of buying around this level.  I know I've been buying this week and I'm looking to maybe buy next week with lower BTC price.  Monthly 10 UNO buy was made and then some.  Been lurkin' and berserkin'.  

[Zelig]

@ Core-tanium:

we're going to work it out together, B.N. The fiat part -- the 'liquidity engine' -- gets its first trial next week.

The Bitcoin buy-support part? It doesn't have to be formalised. (The bullion and Uno that back DVC have to be formally Verified. That's different.)

The important thing to understand is that this is part of 'The Mall' -- a community 'mechanism' that shows that we are way way bigger than 'just' a currency. So, to begin, we could do it as pledges.

Give me a month. Then, as a trial, I'll post a Btc address that contains (always at least) .5 Btc. That .5 sits there until Something Happens, and we all spontaneously call out, 'Buy support!!'

Again, B.N., it's about public perception, about demonstrating that this community has much bigger plans.

m

IMZ, this sounds interesting.  But, I hope I don't have to piece together the information from this discussion board.  Will the information be posted to the UNO website or elsewhere?

Thanks,
Z

[BitcoinNational]

@ Core-tanium:
I'll post a Btc address that contains (always at least) .5 Btc. That .5 sits there until Something Happens, and we all spontaneously call out, 'Buy support!!'

I like the multi-sig tool/feature.  Then some elected community reps each have a key. We have some device (a simple as roll call vote) that triggers the buy. Elected community reps move 'reserve BTC' to the exchanges and return with 'reserve UNO'.  Yes this is just mostly a public demonstration that we are organized and have known trustworthy community reps.  Do the same on your own, holding your own keys is still the best method.  A communal price support pool is mostly for the fun of doing it.    

IMZ, this sounds interesting.  But, I hope I don't have to piece together the information from this discussion board.  Will the information be posted to the UNO website or elsewhere?

IMZ is keeping tidy records >> http://indiamikezulu.com.au
I am trying to organized a tumbler of complete articles ... tag solid material so it is easy to find again.
Anyone interested in the art and science of filing files get a blog and post whatever you think is good.
I encourage doing a UNO website (or Crypto blog) as you like it ... this makes UNO not dependent on anyone URL ... wow has that been a problem for crypto ... instead tons of twtters, tumblers, wordpress, facebooks, google docs, imgurs, youtube channels,  ... later I plan to help create a more professional website (and we already have 1 http://unobtanium.uno/) that showcases the good stuff.