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

[IMZ]

I'm learning more and more about trading (buyin' the Project Hoover coin). Really enjoying it!

m

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[IMZ]

Global Google-Video-Hookup-Whatsit for The Halving

How many Uno folk could we get on line, around the world, at one time?

You? Me? Asia? Europe? the U.S.? Central America?

[Zelig]

good support and low sellresistance (look at bittrex orderbook)

... i write it off as 'noob trader' ...  


edit: it's end of month, true

Earlier today I was considering buying ten more UNO... that's when the price had dipped to around 0.011-something.  But, my wife wanted to get going on our bike ride.  After we return, I told myself.  Then, when I got home, naturally, I forgot... until I started my mid-term.  After I'm done with the mid-term, I told myself.  ...Three hours later and... what happened?

Oh well... I am happy for what I have.  Catch you on the next dip, UNO.  Anyway, I'm pretty sure Mr. Whale's wheels are turning. 

Z

[Zelig]

good support and low sellresistance (look at bittrex orderbook)

... i write it off as 'noob trader' ...  


edit: it's end of month, true

Earlier today I was considering buying ten more UNO... that's when the price had dipped to around 0.011-something.  But, my wife wanted to get going on our bike ride.  After we return, I told myself.  Then, when I got home, naturally, I forgot... until I started my mid-term.  After I'm done with the mid-term, I told myself.  ...Three hours later and... what happened?

Oh well... I am happy for what I have.  Catch you on the next dip, UNO.  Anyway, I'm pretty sure Mr. Whale's wheels are turning.  

Z

It's sure been quiet on here tonight... my last post must have been four or five hours ago.  Where has everyone gone?  Happy Friday, everyone!

Anyway... here are some happy approximations.

I've been in BTC for almost two years and in UNO for 1 year and two months.  Approximately, for every dollar I've put into BTC, I've put 25 cents into UNO.

After two years in BTC, I'm up approximately 18%.

After one year in UNO, I'm up approximately 53%.

Viva rockchain!!!

Z

[BitcoinNational]

Z

Whats the 1 year BTC approximation %?

[Zelig]

Z

Whats the 1 year BTC approximation %?

Ha Ha ~ !  My records are not that accurate... Only lifetime percentages (of my cryptocurrency portfolio).  Presently plus 18.25% BTC, plus 57% UNO.  Tell me what BTC was this time last year, and I can probably figure it out...

But... I'd say, the 1 year BTC approximation is not that great when compared to UNO.  

Stat ...

Seriously, where was BTC one year ago and where was UNO one year ago? Now, Imagine for every dollar you put into BTC over the past year you put 25 cents into UNO... Or, imagine you put equal amounts in - dollar per dollar - which would have made greater gains?  

If you guessed UNO - you guessed right. ... tell me I'm wrong... Where was UNO and BTC this time last year?  (I could be wrong - wouldn't be the first time)

Z
Business school graduate... MPM <wink>

P.S.  anyone want to hire a freshly minted Master of Project Management?  

P.P.S.  Disclaimer: Past results do not guarantee future performance.  

P.P.P.S.  Never forget that the value of UNO is tied to the value of BTC.  Support both.  

P.P.P.P.S.  I advocate that UNO is entirely dependent upon the community.  For every four quarters you put in for BTC, put in one for UNO.  (that's my strategy, at least... to minimize risk on the Mr. Whales and potato dumpers). 

[BitcoinNational]

How's the job title of Master Manager of the Crypto Global Monetary Project sound?

Basically self paid by equity gains.  Description: you help organize a gang of the wise to research and invest in the best crypto projects out there.

BTC was approx. $500 1yr ago (-50%) and moved up to $600 then has been rolling down since.
UNO was approx. $2.40 1 yr ago (+45%)

[Zelig]

How's the job title of Master Manager of the Crypto Global Monetary Project sound?

Basically self paid by equity gains.  Description: you help organize a gang of the wise to research and invest in the best crypto projects out there.

BTC was approx. $500 1yr ago (-50%) and moved up to $600 then has been rolling down since.
UNO was approx. $2.40 1 yr ago (+45%)

I concur.  However, what would UNO be worth if BTC went to 0?  0 X 0.0139 = 0

The value of UNO is derivative of the value of BTC.  

We must support both!

Or else, help me to understand how UNO can retain value if BTC significantly depreciates... Willing to listen!!!!

At present I advocate a 4 to 1 strategy. e.g. 80/20. 

Z

[BitcoinNational]

I concur.  However, what would UNO be worth if BTC went to 0?  0 X 0.0139 = 0

The value of UNO is derivative of the value of BTC. 

We must support both!

Or else, help me to understand how UNO can retain value if BTC significantly depreciates... Willing to listen!!!!

I agree (some what).  BTC is the touchstone to fiat.

DRK-Dash and LTC can provide some fiat liquidity today too.

I am a proponent on linking UNO with alt trading pairs.  My suggestions are Dash, Doge, NXT, Black, and Quark.  Paycoin and BTS could come into play later, but my opinion is that they stand to shed some more capital still yet.

Hopefully within 2 years UNO can trade directly with fair liquidity with the dollar or another fiat pair.  But that will take (my guess) $10M in capital and $50k/vol/day.  We'll get there but not overnight.

[Zelig]

I concur.  However, what would UNO be worth if BTC went to 0?  0 X 0.0139 = 0

The value of UNO is derivative of the value of BTC.  

We must support both!

Or else, help me to understand how UNO can retain value if BTC significantly depreciates... Willing to listen!!!!

I agree (some what).  BTC is the touchstone to fiat.

DRK-Dash and LTC can provide some fiat liquidity today too.

I am a proponent on linking UNO with alt trading pairs.  My suggestions are Dash, Doge, NXT, Black, and Quark.  Paycoin and BTS could come into play later, but my opinion is that they stand to shed some more capital still yet.

Hopefully within 2 years UNO can trade directly with fair liquidity with the dollar or another fiat pair.  But that will take (my guess) $10M in capital and $50k/vol/day.  We'll get there but not overnight.

I really don't like Paycoin.  I think that coin is totally bogus and needs to go away.  Not a big fan of quark, either.  

Not sure about about Dash, Doge, NXT, and Black... Hate LTC....

I guess I get Doge... but don't really like it...  

Seriously, I get BTC, I get UNO... I like MZC... but sometimes, I think there are too many coins...   BTC, UNO, and MZC, I grok these coins...

LTC just seems like such a waste of time... literally, a nothing coin... completely bogus.


Z

[Zelig]

I concur.  However, what would UNO be worth if BTC went to 0?  0 X 0.0139 = 0

The value of UNO is derivative of the value of BTC.  

We must support both!

Or else, help me to understand how UNO can retain value if BTC significantly depreciates... Willing to listen!!!!

I agree (some what).  BTC is the touchstone to fiat.

DRK-Dash and LTC can provide some fiat liquidity today too.

I am a proponent on linking UNO with alt trading pairs.  My suggestions are Dash, Doge, NXT, Black, and Quark.  Paycoin and BTS could come into play later, but my opinion is that they stand to shed some more capital still yet.

Hopefully within 2 years UNO can trade directly with fair liquidity with the dollar or another fiat pair.  But that will take (my guess) $10M in capital and $50k/vol/day.  We'll get there but not overnight.

Seriously, no offense BitcoinNational... I'm all Bitcoin and UNO... a little bit MZC.... that's my three coins.  Don't care, don't want to hear about anything else... I mean, unless you got a really HOT tip on some coin action I should get in on NOW!  Then, tell me while it's current, but after the fact, don't care, too late...

Z

[BitcoinNational]

I am not a fan in any way with PAY.  They did manage to raise something like $150M in capital if that boils down to just $5M it is still among the top3 stake coins and should maintain that base line.  But this is crypto so UNO will likely over take XPY around $1.5M.  so i can only hope.

Black I think has reached a stability point but has less vol. than UNO (hey everyone give yourself a pat on the back UN betta than black).

I think Black is one of the better pairings options.  Doge, NXT, OPAL, Fibre, Quark, CANN, and even Zeta are on my list too.  

Quark has had a horrible record.  And I have stayed away from it after getting burned by what I thought was a bottom midsummer 2014.  But I gave it a second look and I think it may be a good move now.  Fast, Mature distro, low inflation, safe network, fair market listings, and the kicker is a great mobi wallet.  For that reason alone I like the idea of linking UNO to Quark since it can be the 'shopping' coin and UNO the investing/savings coin.  (But Black and many others listed could play that role too).

Key idea being investors can move into UNO to hold and then tradeout (without going to BTC) to a mobi/shopping coin to buy real stuff.

BTC absolutely sucks as a shopping coin (30min or more to make sufficient confirms whereas others can clear in under 2min or less).
LTC is BTC 2.0 and has the exact same inflation/speed problem plus x40 less hashes than UNO  ... it is backed by the MIT mafia and will likely remain top10 for the next 3 years, so it has that going for it.

---

Conceptually and as a community I like MAZA too.  I not a fan of the mining schedule and Think it will take 5years for MAZA to be ready to rock-n-roll.  That aside I hope MAZA and UNO communities can establish strong ties with eyes on any area of co-operation that makes sense.  (We are SHA256 bros).  I think Zeta and Tek are top on that shared community list, but we should look to help any sound SHA256 out there.  



  

[Zelig]

I am not a fan in any way with PAY.  They did manage to raise something like $150M in capital if that boils down to just $5M it is still among the top3 stake coins and should maintain that base line.  But this is crypto so UNO will likely over take XPY around $1.5M.  so i can only hope.

Black I think has reach a stability point but has less vol. than UNO (hey everyone give yourself a pat on the back).

So it I think Black is one of the better pairings.

Quark has had a horrible record.  And I have stayed away from it after getting burned by what I thought was a bottom midsummer 2014.  But I gave it a second look and I think it may be a good move now.  Fast, Mature distro, low inflation, safe network, fair market listings, and the kicker is a great mobi wallet.  For that reason alone I like the idea of linking UNO to Quark since it can be the 'shopping' coin and UNO the investing/savings coin.  (But Black and many others could play that role too).

Key idea being investors can move into UNO hold and then tradeout to a mobi/shopping coin to buy real stuff.

BTC absolutely sucks as a shopping coin (30min or more to make sufficient confirms whereas others can clear in under 2min or less).



  

If merchants use Coinbase, they don't have to wait 30 minutes.  It's instantaneous with the backing of  Coinbase.  Coinbase will take care of any cheaters - after the fact.  No worries for the merchant.  Instant.  Price posted, price received.  Forget your worries, merchant.  Accept bitcoin, no worries.  ... WTF is Quark?  Seriously, what the fuck is quark?  Nobody fucking knows or cares or backs that shitcoin.  UNO... Uno is an investment coin.  


Reading all those comments above... listen people, you need to put things into perspective and ... simplify things... for example, does it answer an unsolved problem or is it a copycat of something that already exists?

Listen:  Bitcoin is the first mover... Bitcoin has the network externalities.  Bitcoin has the installed base and complementary goods... Bitcoin has the dominant design.  Get it?  

It's not going to be any of these other shitcoins in the long run... UNO offers long-term store of value... it's been proven over many months.  These other coins have little to offer in the way of currency or store of value.

Z

A hundred mothafuckas can't tell me nothin'
I beez in the trap, be-beez in the trap
I beez in the trap, be-beez in the trap
Man, I been did that, man, I been popped off

Seriously... what the fuck is quark?

https://www.youtube.com/watch?v=EmZvOhHF85I#t=244

[BitcoinNational]

Sure Coinbase is a solution to the BTC speed problem.  
And bitfinex, cry, bittrex can all fill that role of off chain transactions.

But it is still a 'Gox' Counter Party centralization risk problem.  (Not withstanding that a large block of consumers have no problem with that)  ... but for me, nope.  

I want kilos of UNO (and some PMs) on cold storage, and some 'shopping' fast chain coin on a hot wallet.
[Savings/Checking accounts]

--
On Quark I agree with the WTF is that?  The name sucks, but I still think it might be on the verge of a turn around and is going to hang around the Top50 for some time.  UNO I plot and plan to get in the Top20


This is all just 'thinking out loud' not 'hey buy this'.  But again my opinion is that it might be best for UNO to target 1-2 fast chain / mature / low inflation / good market listing coins to act as the 'shopping coin' of suggestion and allow direct trading pair access.    

[Zelig]

Sure Coinbase is a solution to the BTC speed problem.  
And bitfinex, cry, bittrex can all fill that role of off chain transactions.

But it still a 'Gox' Counter Party centralization risk problem.  (Not withstanding that a large block of consumers have no problem with that)  ... but for me, nope.  

I want kilos of UNO (and some PMs) on cold storage, and some 'shopping' fast chain coin on a hot wallet.
[Savings/Checking accounts]

--
On Quark I agree with the WTF is that?  The name sucks, but I still think it might be on the verge of a turn around and is going to hang around the Top50 for some time.  UNO I plot and plan to get in the Top20

still a "Gox' counter party centralization risk problem...


Come on... Coinbase hasn't posed a risk to anyone...

Quark... name sucks... coin sucks... SO... SOME people adopted it.  So what?  It's useless.  Why?  Why did they adopt it?  Seriously, why did they adopt it after the fact that there was another coin out there?  Because, they wanted to make money.  That's why.   But, it doesn't have first mover advantage nor network externalities... fuck them... sorry.  But, fuck them... You can deal with this now, or you can deal with this later.  In the long run, Quark isn't going anywhere.  It offers nothing that isn't already on the table.  They can go f themselves.  

In my esteem, after 14  months of "experimentation" UNO has proven more than a safe store of value.   

Z

[BitcoinNational]

It's all levels of adoption/investment.

Personally for me, if the coin has more than $2M in cap then I'd rather not be the 2nd - 3rd - 4th - 5th wave investor.  I like risking at stage 1, and don't have the Hash power to really be on ground zero.

The BTC, LTC ships sailed long ago.  The Dash opportunity was open at >$2 I didn't bite, don't really care.

Other people are BTC only cuz the other coins are 'still experiments'.  For me I think they're foolish but then 99% of the planet has not a satosi yet.  Sucks to be them if this crypto thing ever catches on with big info tech

I have a great deal of faith that UNO is a prime mover in not being the BTC 'fiat liquity' coin, but the pure crypto 'reserve' coin of choice.  

Who will be the 'consumer/shopping' coin ... don't know ... but 80% of the planet seems to have a smart phone and I can't help but think ... whatever coin can move fast on all those phones is the next VISA.  It might be BTC+escrow (but as I rave inflation inflation inflation).  I'm willing to take a position on a coin that has properties like UNO just faster (and cheaper) ... it's a perception thing but I doubt the average guy can math 0.003 UNO for coffee.  But 30 black coins they get.

edit:
worth a quote

In my esteem, after 14  months of "experimentation" UNO has proven more than a safe store of value.  

Z

we need a "See what others are saying about UNO" page/tread

  

[Zelig]

It's all levels of adoption/investment.

Personally for me, if the coin has more than $2M in cap then I'd rather not be the 2nd - 3rd - 4th - 5th wave investor.  I like risking at stage 1, and don't have the Hash power to really be on ground zero.

The BTC, LTC ships sailed long ago.  The Dash opportunity was open at >$2 I didn't bite, don't really care.

Other people are BTC only cuz the other coins are 'still experiments'.  For me I think they're foolish but then 99% of the planet has not a satosi yet.  Sucks to be them if this crypto thing ever catches on with big info tech

I have a great deal of faith that UNO is a prime mover in not being the BTC 'fiat liquity' coin, but the pure crypto 'reserve' coin of choice.  

Who will be the 'consumer/shopping' coin ... don't know ... but 80% of the planet seems to have a smart phone and I can't help but think ... whatever coin can move fast on all those phones is the next VISA.  It might be BTC+escrow (but as I rave inflation inflation inflation).  I'm willing to take a position on a coin that has properties like UNO just faster (and cheaper) ... it's a perception thing but I doubt the average guy can math 0.003 UNO for coffee.  But 30 black coins they get.

  

Hells bells... I don't know the ultimate answer, either ... but that it is bound to confound us...  perhaps they will gravitate to the seemingly ridiculous... confounding, maddening... I don't know... I can only speak to what makes sense to me in the present.

[BitcoinNational]

@all

Sorry to clutter the thread with (side)thoughts.

Here's some new UNO stuff
https://chainz.cryptoid.info/uno/#!overview

Shows exactly how many kilos UN minted per 24hrs, block production and more.  This is some cool transparent rockchain info!  

*check  2015-03-02 Mon, wow, bigVern rearranging?

=====================
footnote to conversation above:

DOGE might be the best associate pairing with UNO.  I don't like entering investment positions at post $12M, but it has the liquidity and popular rank position and speed potential to make it this "shopping" coin that I speak of.    In return UNO offers the counter of 'store-of-value' to the DOGE community and in return DOGE offers fiat liquidity to the UNO holders.  Personally I'd prefer some of the lower market cap coins, but DOGE is very well positioned for the future.

Other "long shot" coins are Karma and Myriad.  Myraid in particular I think has the best potential and already is well represented by core members of the UNO community.

[sirsmokesalot]

It is hardly clutter, nice to see active discussions taking place. It deals with crypto and uno, i would say it has it's place here.

As far as pairings are concerned. You can trade uno for what ever you like. Does it even matter if we have established pairings? Of course there is btc/uno but after that, what difference does it make? If it is lucrative enough of a trade, it will take place. In my mind uno is already paired with any and every other crypto. Just a matter of finding two parties who have what each other wants and are willing to exchange them.

What the most important pairing to exist is, is the paring between uno/community.

[BitcoinCharlie]

@sirsmokes That's exactly right, trade $UNO for whatever you want. That's already going on at UN-EX 

Lot of cool stuff going on over here. Everybody should check it out:

https://bitcointalk.org/index.php?topic=757232.new#new