[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC!

Tiny value.. until it isn't. With use and more markets and store of wealth, even if it takes a couple more years the price will increase naturally if it's used and the blockchain is strong.

You may be right, but predicting the future is notoriously difficult. My comment was about what I observe today with merge-mined coins in general (including UNO) and the apparent disconnect between difficulty/hash rate and price.

Hashrate = Security

Also: merge mining is the only known way to have a secure pow-network maintained LONGTERM on absolute minimal inflation

As a store of value (a coin you want to hold longterm) merge mining is the optimal choice.
The alternative to merge mining is unsecure pos or high inflation. Choose your poison.

I think merge mining and low inflation is actually a phantastic combination.

Uno will shine again, no doubt. Wink

Not sure I would agree with the merge mining comment, as you are basically saying the coin cannot survive on its own merits, and must depend on another chain, in his case Bitcoin's.

In any event my original comment was primarily about how I see merge mining as being a primary cause of the disconnect between the hash rate and the value - in general I do not think people are mining UNO because they want Unobtanium, they are mining because they want BTC and it is basically "free" to also merge mine, so why wouldn't you mine and then sell for any non-zero value, they were "free" after all?

Regarding the "store of value", well I know we see it mentioned a lot in this thread, but I cannot really see how a market cap of half a million dollars (or thereabouts, I haven't checked) less all the lost/dormant coins, can provide a meaningful "store of value" for more than a few enthusiasts.

Quoting this for the irc logs war chest. Cheesy

https://archive.is/9YtNP

I actually just started snapshotting all "self-moderated" threads because of deleted comments. Truth and sensibility have no expiration date.

I don't know what this means?

This means I have started saving a copy of the page before it is moderated, as this thread (amongst others) sometimes deletes comments that are viewed as unfavorable towards the "Dear Leader".

The Rules are posted in the 2nd OP. Very few posts are deleted by the thread moderator so far. Sometimes the BCT Board mods sweep through (probably with a script) and clean things up. I've even had some of my own posts removed from here. If it's really important, cross post to Cryptocointalk or Reddit.

The community has chided me in the past for not being more proactive on spam, personal attacks, off topic posts and blatant trolling, so... I guess it is what it is.

Hint: if someone posts something highly inflammatory that you know is probably going to get removed when I wake up, then please don't feed the trolls in kind, or quote the post.

We have a Uno community off topic thread linked from the OP where you can say anything you want. But this lightly moderated thread is the one place on BCT where we serve Unobtanium, all I ask for is a small bit of decorum.

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