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

[Viecoin]

Where do you think UNO will be in 6 months? Price wise? Lets get some predictions going

Did you put in that $200k yet?

[Blazin604]

Where do you think UNO will be in 6 months? Price wise? Lets get some predictions going

Did you put in that $200k yet?

No sir. March.


http://youtu.be/Flfk88FQPDY

[IMZ]

My price predictions would be with or before GFC Two. I think it's pivotal.

M

[coinmaster222]

right guys does anyone know where the post is that someone put up for me to display pictures of silver on here,searched but cant find it.

[BitcoinCharlie]

right guys does anyone know where the post is that someone put up for me to display pictures of silver on here,searched but cant find it.

That's over in UNO EX

www.tinyurl.com/UNO-EX

[TrueCryptonaire]

Is volatility a good thing?

UNO has very low inflation, but as price rises there should be a fair share of miners selling at market spot (say 5kg/day).

So that is the only real supply at any price.

The ASKS will be high. (hodlrs)
The wall/large BIDS will be conservative based on MA.

This leaves for a wide spread and constant volatility.
And this trend would likely widen as rewards drop to near zero.

UNO maybe perfect for both traders and investors.

In finances the risk is determined with volatility. The more volatility there is the riskier instrument. Funny that an investment that only goes up, let's say 1000 yrs. a row every single day with some high percentage, it is considered as a risky investement because it moves so much. So, volatility is not probably the best measure for risk, but it is "official" in the textbooks.

Volatility, if it is both up and down is not necessarily a good thing and it is a sign of immature markets. The traders who sells high and buys low make the market more mature ie less movements. In general despite some occasional pumps and dumps UNO looks very stable in pricewise (or stably growing I would say).

However, at some points there must be breakthroughs - even without pumps. It is due to the fact that there is only a few coins mined daily and there is more buying pressure than 15 coins a day. When there is more demand than supply, the price is forced to go up. And at some point the heat for sellers is so high that they need to give up and let it rise. This makes the large pumps... We need some bitcoins in sidelines to waite for dumps, too. To give support for the price whenever it is needed the most.

[coinmaster222]

right guys does anyone know where the post is that someone put up for me to display pictures of silver on here,searched but cant find it.

That's over in UNO EX

www.tinyurl.com/UNO-EX

Thanks need to get that done

[cragv]

We need some bitcoins in sidelines to waite for dumps, too. To give support for the price whenever it is needed the most.

Funny you should say that...

From the FAQs (the 'About' tab on same document):

'Coretanium' - this is a side-project alongside the Un-Ex, but is still important, particularly in these foundational months for Unobtanium. Core-tanium is reserved BTC that is pledged by Trusted Traderss then sent and held in a bursar's wallet for one purpose: this BTC is used to buy larger amounts of UNO that may be dumped on the trustless (automated) exchanges in one hit.

When one or more parties concurrently list a lot of any particular crypto coin on an exchange in the same short period of time, this is known as a 'dump'. Typically, the price of that dumped coin drops as supply outpaces demand - the bigger the Sell order, the bigger the negative impact to price. The function of Core-tanium is to buoy the buy price of UNO by absorbing large dumps (Sell orders) quickly, without allowing the price of UNO to slip too far.

Maintaining rarity is not usually a problem for Unobtanium so Core-tanium is something of a backup safety mechanism. Please feel free to pledge some BTCby clicking the Coretanium tab below. Questions and comments are welcomed in the Bitcointalk.org Un-Ex discussion thread (see Dashboard tab for link).

[erasmospunk]

Hey Unobtaniumers!!!

Wanna have the Unobtanium coin supported by Coinomi AKA the kick-ass lightweight super-secure open-source universal HD wallet?

Support our campaign and join the Unobtanium revolution!!

So what are you waiting for? Support Unobtanium today! You know you want to!!

[Blazin604]

What's the benifit of exchanging uno for bullion? Sorry I'm noon to all this...also will we see major volatility like bitcoin when the price is so high

[BitcoinNational]

What's the benifit of exchanging uno for bullion?

Why? >> Known good asset

Gold has 3000 yr.  written market history
(probably globally traded for +10,000 years)
There is hard daily trade data on gold and silver back to the 1800s.

It's shiny.

Exchanging uno for bullion and bullion for uno (via the UnEx DVCs) gives you very good ability to maintain stability in your portfolio.

[IMZ]

B.N. understands, Blazin. All eggs not in the same basket. Bullion-Uno trading pairs provide 'breadth' BEYOND fiat currencies.

M

[cragv]

What's the benifit of exchanging uno for bullion?

Why? >> Known good asset

Gold has 3000 yr.  written market history
(probably globally traded for +10,000 years)
There is hard daily trade data on gold and silver back to the 1800s.

It's shiny.

Exchanging uno for bullion and bullion for uno (via the UnEx DVCs) gives you very good ability to maintain stability in your portfolio.

All I read there was, "blah blah blah It's shiny blah".



(but seriously, that's a good, simple explanation. ta )

[BitcoinCharlie]

cragv, looks like that dude can use some gold teeth! 

[cragv]

cragv, looks like that dude can use some gold teeth! 

I brush every day but I just can't get on top of it. Dentists love me.

[gustav]

The Unobtanium material (Element 120 as part of the 'isle of stability') is about to reach critical mass (could potentially cause an explosion).    

Don't forget to put the sunglasses on

[balu2]

do we have our '1st' resident retard among us now?

Who? Gollum?

[cragv]

do we have our '1st' resident retard among us now?

Who?

Blazin604

Because he asked about the value of trading UNO for PMs? Presumably not because of this - I probably missed something a page or two back. Anyway, questions are encouraged in the UNO community, I like to think! Everyone learning and coming from different levels of experience and financial confidence and competence. We build each other up and everyone benefits!

(Plus we're hopefully a classy bunch who don't genuinely call folk 'retards'... right? I know you're just joking around :p )

[IMZ]

do we have our '1st' resident retard among us now?

Who?

Blazin604

Because he asked about the value of trading UNO for PMs? Presumably not because of this - I probably missed something a page or two back. Anyway, questions are encouraged in the UNO community, I like to think! Everyone learning and coming from different levels of experience and financial confidence and competence. We build each other up and everyone benefits!

(Plus we're hopefully a classy bunch who don't genuinely call folk 'retards'... right? I know you're just joking around :p )

+1

This community is a refuge to me because it lacks the snarkiness of so many other communities.

@ Blazin': I was away when I read your post. If you want a more thorough answer to your question, PM me. I would be delighted to pen it.

Mark

[IMZ]

And what I popped on to post about:

"A lot of people who buy bits of physical gold aren't looking to make a bracelet or ring. They buy gold because they believe disaster is imminent.
These investors are convinced gold will spike to $10,000 an ounce (it's currently around $1,225) when the U.S. government implodes, said Peter Hug, an executive at metals retailer Kitco.

Hug calls these people "crazies" "

http://money.cnn.com/2015/02/12/investing/buy-gold-market-fear/index.html

So, big e-hug to all my fellow crazies. I feel proud to be accepted by you!

m

P.s.: who noticed that Hug said 'when' not 'if'?