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

[rojan]

[1714071863]

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[1714071863]

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[1714071863]

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[rojan]

Revisiting the idea of daily maintenance cost for altcoins as one of many ways to help determine value.

"The calculation is simple = you multiply the coins issued per day, by the current value in dollars, to work out how much money needs to flow in that day just to maintain the current price."

http://altcointrading.weebly.com/1/post/2014/03/method-5-the-daily-maintenance-cost.html

How many UNO mined every day on average?

[voluntarist500]

Revisiting the idea of daily maintenance cost for altcoins as one of many ways to help determine value.

"The calculation is simple = you multiply the coins issued per day, by the current value in dollars, to work out how much money needs to flow in that day just to maintain the current price."

http://altcointrading.weebly.com/1/post/2014/03/method-5-the-daily-maintenance-cost.html

How many UNO mined every day on average?

60uno  (480 blocks per day at 0.125uno)

[Benefactor]

.. durrr this rock is valuable because it is shiny.

...while it will never be totally liquid, i think its positive features make it an excellent store of value.
some people would tell you not to invest in platinum.  ...

I just wouldn't say never on that one.  Realistically, we can assume your statement is correct, but this is open-ended.  There is nothing saying the BTC world doesn't switch over to UNO because evil people took over BTC and they wanted a fresh start.  

Ok, what if a SELF-SUFFICIENT community decided to use UNO?  That's a very easy thing to do.  Boom!  Total liquidity in that community!  If we can easily accomplish total liquidity in our minds, it can't be all that tough to manifest, if that's what we decide to do.

People have yet to use ANY crypto remotely close to it's potential.  Why not UNO?

-

How about this:  Unobtanium CAN be a store of value, if the community starts to 'cover' it by maintaining it's value.  Not selling below a point, and always keeping enough BTC (or fiat, or PM, or...etc.) on-hand to buy below that point.

With the limited quantity, this CAN be accomplished.

Members of the UNO community are already included in a 'Value Club', whether they know it or not.

Congratulations!

[FallingKnife]

.. durrr this rock is valuable because it is shiny.

...while it will never be totally liquid, i think its positive features make it an excellent store of value.
some people would tell you not to invest in platinum.  ...

-

How about this:  Unobtanium CAN be a store of value, if the community starts to 'cover' it by maintaining it's value.  Not selling below a point, and always keeping enough BTC (or fiat, or PM, or...etc.) on-hand to buy below that point.

Interesting thought. I'm open to new ideas.  How might this work, in theory? Create a transparent entity (non-profit org?) to hold a commodity that would stake UNO to it?  UNO staked to the value of the commodity?  
It's actually a quite interesting concept the more I think of it. You could NEVER do this with DOGE because of unlimited mintage, but because UNO is virtually minted out already, it creates new possibilities like this. I know we're a little "out there" with this theoretical discussion, but how might this work with UNO?

[voluntarist500]

now i get it - the community is about to take over. Nice developement.
I love that idea of that crypto for precious metal exchange. Could be some paperwork but also good buisiness for someone willing to take that up.
A real exchange of crypto to gold/silver/platin (contracts and/or physical shipped maybe even free market) would be great news. I would do it myself if i only had the time to do it. Might do it on a later stage if nobody else comes up. Exchange not webshop i am talking.  If that could be established uno would be the cryptochoice since such an exchange doesn't even exist for bitcoin (at least i did not see that so far).
Could also be a kind of ebay for precious metal without fiat involved. Lots of possibilities there.

[rojan]

Cup with handle forming?  

http://www.trending123.com/patterns/cup_and_handle.html

[FallingKnife]

Nice job, UNO community!

Mintpal support says they will be keeping UNO on for "a little while yet."   I'm optimistic we'll keep this market.

---
Hi FK,

We agree with you and acknowledge that we were a little hasty in announcing the UNO removal. We added the coin and it never really got any volume. However once we announced the de-listing, a surprising number of UNO supporters came forward to ask that we keep the coin. Whilst we haven't yet made a formal announcement to that affect, we will be keeping UNO on for a little while yet.

Thanks
--------------
Kind Regards,
MintPal Jason

[cryptapus]

I have created a provably fair dice game:

http://cryptap.us/uno/dice

Note that the bets are quite limited at the moment due to my limited reserves. If you feel like donating to raise the limits you can find my UNO address at the bottom of the page.

If it eats you coins, PM me and if we can verify in the block chain I will refund.

Feedback is welcome.

I've added a coinbomb game to the above link. Please let me know of any issues.

Edit:
More dice games opened, some limits raised.

[FallingKnife]

I have created a provably fair dice game:

http://cryptap.us/uno/dice

Note that the bets are quite limited at the moment due to my limited reserves. If you feel like donating to raise the limits you can find my UNO address at the bottom of the page.

If it eats you coins, PM me and if we can verify in the block chain I will refund.

Feedback is welcome.

I've added a coinbomb game to the above link. Please let me know of any issues.

Edit:
More dice games opened, some limits raised.

Don't you have enough of my UNO yet?? Now you want the rest of it? :-)

[rojan]

Get Unobtanium listed on new altcoin ranking site.

https://bitcointalk.org/index.php?topic=561516.0

Hi folks,

Today we are proud to announce the launch of CoinGecko.com -  a website that aims to rank cryptocurrencies based on quantitative measures such as:

    Liquidity
    Developer Activity
    Community


Coins are evaluated using our Gecko algorithm with a methodology that incorporates all the above key aspects. Coins are given a Gecko Score to be benchmarked and ranked against other cryptocurrencies.

Your Favorite Altcoin Not Listed Here?

Each week we will be adding a few new altcoins to this ranking. If you want to see your coin on this ranking earlier, drop us an email at hello@coingecko.com with some comments and feedback.

[rojan]

One minute candles of UNO/BTC - Unobtanium (Live) on Cryptsy:

http://altcoinlive.com/?133

[voluntarist500]

Nice job, UNO community!

Mintpal support says they will be keeping UNO on for "a little while yet."   I'm optimistic we'll keep this market.

---
Hi FK,

We agree with you and acknowledge that we were a little hasty in announcing the UNO removal. We added the coin and it never really got any volume. However once we announced the de-listing, a surprising number of UNO supporters came forward to ask that we keep the coin. Whilst we haven't yet made a formal announcement to that affect, we will be keeping UNO on for a little while yet.

Thanks
--------------
Kind Regards,
MintPal Jason

very good. Let's bring some volume there. Also don't forget to fill the markets at https://comkort.com a little bit. There is not much on the books right now. Especially LTC/UN is pretty empty.

[FallingKnife]

Get Unobtanium listed on new altcoin ranking site.

https://bitcointalk.org/index.php?topic=561516.0

Hi folks,

Today we are proud to announce the launch of CoinGecko.com -  a website that aims to rank cryptocurrencies based on quantitative measures such as:

    Liquidity
    Developer Activity
    Community


Coins are evaluated using our Gecko algorithm with a methodology that incorporates all the above key aspects. Coins are given a Gecko Score to be benchmarked and ranked against other cryptocurrencies.

Your Favorite Altcoin Not Listed Here?

Each week we will be adding a few new altcoins to this ranking. If you want to see your coin on this ranking earlier, drop us an email at hello@coingecko.com with some comments and feedback.

Thanks, Rojan. We can also email them at "hello at coingecko.com," which I just did.

[FallingKnife]

Through you guys might enjoy this. Hear what a real expert thinks about UNO (and DOGE).  Feel free to share.



]

[cryptapus]

Dice, coinbomb games and paper wallet generator were down for a couple of hours, they are back up now. All transactions should have been processed. Please PM me if you notice any discrepancy. Apologies for the down time.

[rojan]

http://twitter.com/BryceWeiner

Bryce Weiner @ CryptoCurrency Convention 2014

http://youtu.be/22ToGW_dOFA

[rojan]

Enky Nakamura breaks down BTCs breakdown in his latest - Long Term Update: next stop $300

http://btctrading.wordpress.com/2014/04/10/long-term-update-next-stop-300/

https://twitter.com/Bitcoin_Trading

It's payday and I'd like to get some more Unobtanium.  BTC is $400 on Bitstamp though.  Looks like I'd better wait for BTC price to get closer to $300 before I buy.  It will be interesting to watch what UNO/BTC does in the meantime.

[criptix]

hey people,

im a uno believer for quite a while now.
but i must say that im kinda troubled about the bot-trading on cryptsy (not sure about mintpal, because im not really trading there).
i believe most of the volume on cryptsy come from trading-bots and that makes it really hard to figure out if new ppl get interested in uno or just old folks that dont wanna leave a sinking (?) ship :/

[FallingKnife]

hey people,

im a uno believer for quite a while now.
but i must say that im kinda troubled about the bot-trading on cryptsy (not sure about mintpal, because im not really trading there).
i believe most of the volume on cryptsy come from trading-bots and that makes it really hard to figure out if new ppl get interested in uno or just old folks that dont wanna leave a sinking (?) ship :/

I hear you, Bro. It sucks to try to and out maneuver a bot.  It's not just UNO. They operate on any worthwhile currency (including bitcoin), because the Bot Ops don't want to miss out on the action.
Pay attention to volume. Whales come and go.  People tend to hold UNO longer term. It can be difficult to pickup a quantity of UNO for that reason. The coin is rapidly mining out, so the most of the action comes from traders these days rather than miners dumping.  It's a unique coin, best traded over the long term (imo).

Give Mintpal a shot. It's not too bad, we're trying to grow the market there. I don't see the bots operating there (yet) like I do on cryptsy.