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

[Benefactor]

How is quark doing these days?

QRK was always a scam, one of Max Keiser's most dubious involvements in recent times, IMHO.  Thankfully, I'm pretty sure the processing algorithms won't mix.

[Benefactor]

...But   ... I think we have enough smarts among us that we can whip up some rather intelligent algos, that just might provide a good supporting cast to make UNOs star light shine even brighter.

Time to turn on the crazy:  

Yeah, let's have a ridiculously rare coin called UU for UltraUnobtanium or URU for UltraRefinedUnobtanium or UltraRoyalUnobtanium, to go with the "Zin-URU" phrase that scares the Reptilians away.  It will have a total of ONE coin, and it will be used for community voting for all UNO decisions.  Control URU and you control UNO.

/the silly

Hmm,...maybe a new coin could be purely for donations generation, either for UNO projects or better for charity purposes.  What isn't used is cancelled in some way, so it can't be used for profit other than for the charity.

A built-in Jubilee! (Debt forgiveness/money cancellation)  Once a year on the winter solstice, (for the end of the Northern Hemisphere growing season.)

I like the idea of a charity that supports local organic farmers.  It's free money for them, and would be distributed as widely as there is interest in qualified farms per criteria that would be set up for it.  =/<3% would be allowed for administration of the program, with =/>1% (of the 3%) for advertising and other public outreach.  All criteria, submissions, and awards will be public for this full disclosure project.

We could even do a crowdfunding to get started and buy at least 7 distributed mining contracts.    Think big and beneficient~!


(No, this is not a complete proposal.  Just a new, silly, creative idea I just had, and it doesn't make sense in it's current proposal form.)

Does only the charity admin mine the coin?  Then, there is nothing in it for UNO miners.

How is speculation profit avoided on the open market?  Because 'donors', (URU investors) want all of their donation value to go to the farmers, of course.

How do you get an exchange to add this one?

Is using a crypto superfluous to the charity effort?  (Since it adds 'friction', value losses.)

Is it traded for UNO, BTC, or directly to fiat?

It doesn't make sense at all.  Feel free to complete the idea or drop it.    

-------

Seriously, I don't think we need a new crypto.  Let's focus on Buy-and-hold for UNO, and adding real commerce to it, like precious metals (PM's).  If each of us asks a few PM dealers to accept UNO, eventually we will spurn commerce and very positive UNO traffic in both volume and value!!!

Coinpayments.net is probably the easiest way for a business to set it up.  PM's will rise by the end of this year, so get started now!

[Benefactor]

What is important is that the UNO network takes the lead in allowing merged mining.

Please don't let my comments get in the way of progress.  Consider them all JIMHO.

Same goes for the UNO funding of charities.  Just know it needs to happen when there is BUY SUPPORT.

[learminer]

Sure. When we first launched Un, it was set up to make 6 halvings before hitting minimal reward, however as of version 0.9.1 that was revised to produce a meaningful number of coins until the 15th halving and then a minimal reward of .0001 that would persist for ever (or 51millionish blocks, whichever comes first). The breakdown is as so:



You can see Un will be mineable for a long time to come.

Thanks for clearing that up. That makes more sense that the numbers I remember from the old website.

[gustav]

That dump on Mintpal though, congrats to anyone with low bids down in the 2-3 range. Nice get.

well that guy will have problems rebuying lower.

[FallingKnife]

That dump on Mintpal though, congrats to anyone with low bids down in the 2-3 range. Nice get.

Yes, that was good. It wasn't much UNO, however (seems to be only a couple of hundred uno).   But if someone wants to give it away, you may as well take it.

You guys are just being mean, though.  Look at those spreads! You're just letting the weaklings die.
It's funny to watch, but bad PR.

This is UNO Darwinism.

It's as though you know something the dumper's don't....

[prominerone]

   

[prominerone]

 

 

[FallingKnife]

I'll give 30 UNO to the first person who gets a real UNO tatoo so I can live vicariously through you.  I wanted to, but my wife wouldn't let me ("If you're going to get a tatoo, why wouldn't you tatoo my name, instead of a stupid invisible coin! (I dozed off right about then)."  

Don't fake it! I can tell, probably.

[voluntarist500]

I'll give 30 UNO to the first person who gets a real UNO tatoo so I can live vicariously through you.  I wanted to, but my wife wouldn't let me ("If you're going to get a tatoo, why wouldn't you tatoo my name, instead of a stupid coin! (I dozed off right about then)."  

Don't fake it! I can tell, probably.

haha. ask me again when 1 uno is 500$
I'll probably do it then with no bounty

[RJF]

DOU

...So I believe the key to interesting miners is to have them vested in UNO long-term and to REALIZE the gains over BTC.  Mining network strength will come from consistent UNO valuation strength.  This is the secret to long-term success, IMHO.

Exactly! Please, don't destroy this coin by changing it simply because others are doing it. I hold UNO in my "long term" column and mine/buy on a regular but not constant basis. There's a very old and time tested, and right to the point saying, I was taught as a child:

"Good things come to those who wait"

So, keep and eye on the hash rate, keep some miner time devoted to UNO, seek out projects to place UNO in the public eye, and wait...

Miners: Just rotate in and out of UNO pools, its easy. I keep one rig doing this for 6 coins I plan to hold, 4 hours each for each 24h period. This keeps a steady flow of coins and helps the hash rate. If you choose well, it will pay off in the future. My second rig goes to the more instantly profitable coins but even some of those are long term holds.

So, please, any changes made should be to public relations, advertising, awareness and other means of getting UNO noticed, not the coin itself...

Just my opinion, your mileage may vary... 

[learminer]

Exactly! Please, don't destroy this coin by changing it simply because others are doing it.

I don't think anyone is even considering that, don't worry! AFAIK the only changes that are coming anytime soon are consmetic and/or security related, as announced by Bryce and Blazr2.
Nobody here is a fan of PoS and merged mining is only a thought experiment at this point. There's no reason to rush anything, the rumors of the death of PoW coins have been greatly exaggerated.

Just look at KARM, a straight scrypt litecoin clone with too high initial inflation. Was dumped almost to death, has no "special features" or anything, but a great community, dedicated devs and a vision. Up 1000% over the past 2 months, not a pump and dump. And you know what? The coin is still dirt cheap! Why? They're creating an ecosystem around their coin. Instead of spending their time following trends and building useless anonymous chat clients and other bling bling into their wallet, they create services that have the potential to *really* bring their coin to the masses. They're quietly and almost unnoticed going to blow the doors wide open for anyone to get and use their coin. That is really the holy grail for any crypto IMO. If people have to use an exchange to get and/or use your coin you're doing it wrong. That means we're all doing it wrong right now.

I have no single shred of inside information, but Bryce often talks about creating an economy in the context of NAUT, Dirac and the Blake256 coins. An ecosystem of coins that can each fill specific economic needs. Maybe UNO can/will be a part of this ecosystem of coins. That could give UNO a long-term purpose and add lots of value.

That is the easy way out though, waiting for others to add to UNO's value for us. What we really need to do is create value ourselves. How? If I had the answer I wouldn't be playing Mr. Smarty Pants here. I'm just stating the obvious and hoping one of you smart ladies and gentlemen has a suggestion.

[FallingKnife]

Unobtanium is now available for mining on Multipool.us port 3353.

Here are the current pool stats:
https://www.multipool.us/stats.php?curr=uno

[Benefactor]

If you love UNO, be sure to tip this motivated guy:

http://bitcoinmegaphone.com/13nenVsFW2KYBR5CoNPrmZNkUCskN57892/

One of the first posts ever on the soon to be world famous truly anonymous http://bitcoinmegaphone.com/ website!

[BitcoinNational]

Exactly! Please, don't destroy this coin by changing it simply because others are doing it.

I don't think anyone is even considering that, don't worry!
AFAIK the only changes that are coming anytime soon are cosmetic and/or security related, as announced by Bryce and Blazr2.

agree.

Nobody here is a fan of PoS

Yes.  This seems to be the consensus.  I would still not throw out the idea of a POS feature for security purposes only, but this would have to be a new feature not like the conventional POS and can not change the fundamentals of UNO.  Something that would allow a wide network of wallets to add an additional security layer, but there is a problem of giving rewards without change the fundamentals.  POS is something we should consider last-ly?  
 

Merged mining is only a thought experiment at this point. There's no reason to rush anything, the rumors of the death of PoW coins have been greatly exaggerated.

Merged mining does not require altering UNO.  It requires altering existing coins to attach (add value) to the UNO network.  Or the creation of new coins designed to merge with the UNO network.  On terms of public education we should highlight the fact that the SHA256 asic backed network is in FACT more secure (more Hashes) than any other network and that the UNO network itself is among the top10 most secure.

a great community, dedicated devs and a vision. Up 1000% over the past 2 months, not a pump and dump.  ... Creating an ecosystem around their coin. Instead of spending their time following trends and building useless anonymous chat clients and other bling bling into their wallet, they create services that have the potential to *really* bring their coin to the masses.

STAGE ONE :: a great community, dedicated devs, solid coin algo, and a vision ^check
STAGE TWO:: create services ^{open issue}

services?  What is UNO?  

1.0.0  A store of value coin on a very secure network ^{(not a currency webmoney see Litecoin/Blackcoin/doge)}
1.0.1  A digital wealth management product [DWMP]
1.1.0  The second strongest SHA256 network ^{not the case right now but is the GOAL}
2.  A part of the digital asset economy traded with other SoV pairs (like NAUT/Deric)^{note each are on a different network}
3.  The 'hard' wallet idea is cool and will be a great way for non-techie people to buy UNO  
4.  ??

I would lay out:  informative website(s), blockchain website(s), stabilization fund(s),  ecosystem of coins, multiple non-exchange coin retailers, multiple DAC projects / crowd funding (starting with the above mentioned projects).

Should we look at forming LLC like Karma?

I'm just stating the obvious and hoping one of you smart ladies and gentlemen has a suggestion.

well guess I've just stated the obvious too  

[bigtimespaghetti]

3.  The 'hard' wallet idea is cool and will be a great way for non-techie people to buy UNO  

I'm glad you like the idea. I am continuing work on this, but work is very hectic for me right now.

If I chose to I could have these manufactured within a few days, but I know the project deserves more care and time in terms of the design than just reeling off a bunch of half-assed ingots. I have been mulling over ideas for the finish and there will likely be two different types of finish to choose from.

I don't think I would require crowd funding, the initial strikes would only total probably 100 and I imagine that the community would be happy to purchase most, if not all of these.

But, if the community would want more/cheaper strikes of the hard wallet or very specific requests, preordering or pre-specifying preferences would be helpful.

[rojan]

I think implementing UNO merged mining is an attractive idea.

[RJF]

I think implementing UNO merged mining is an attractive idea.

I agree, with one exception, do not merge with any existing coins, create new ones. IMO, blending UNO with existing coins only dilutes its value. UNO may not seem unique on the service but, it is, and it should always maintain its "personality". Remember, people tend to label things according to their peer relationships. If UNO is merged wit, lets say "XCOIN" then if the public sentiment turns against XCOIN, it also turns against UNO. This can also work the other way but, in reality, how many times does that happen? If we created a new coin to merge mine with UNO we would retain control of both and help protect their reputation and value.

It's a shame that everyone (almost) wants a quick return and doesn't have the patience for the long haul. It seems that if there is no new news in a 24hr period, people go dump their coins for a stupid low price and then complain about how the coin was a loss and no one supported it and don't buy it, etc, etc...

I know this comes from the "me, me, me" generation and total loss of self control in today's society but, I would hope that serious investors, and I know your here, would speak up and help calm the waters when needed as I hope I'm doing now. I hold UNO for the long term, mine occasionally and buy when price dips. I continue to do so and urge others to as well.

As far as bumping the price up, time will do that if we all keep UNO in the public eye. Mention the coin in conversation, on other forums (carefully!) introduce it to your friends, put in a "plug" to merchants, and so on. I don't believe we need a "full court press" as such things are short lived and not very useful. As already mentioned, work behind the scenes to get UNO accepted by mainstream entities, merchants, payment services and traded funds. This is where the money is...

RJF
 

[Benefactor]

Easy to promote UNO:

Please click the word "Survey" and then choose "Other" and key-in "Unobtanium" in this link for the new BTC/DOGE exchange Expresscoin (soon to rival Coinbase in the US):

http://expresscoin.com/faq

It's really simple.


Thank you.

[Benefactor]

I sent requests to these reliable PM merchants to set something up.  Feel free to find more merchants and email them, too.

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