i don't see how a huge spread turns off people. Maybe bigger players that want a lot, yes. But that spread is like an invitation for smaller players to trade their position up. In that spread is still room for some smaller fries
maybe just put a bot on it to close it? I don't have one. I am sure bots will come with higher price and more volume will close the spread.
but on the other hand: uno is so rare that the big spread is warranted - price can shoot up real fast.
it's not doge where there are billions of coins traded for single satoshi - quite the opposite
i think that big spread comes from two things
1) dumpers that didn't see the value in the coin (should be out of ammo soon) and smart buyers that want to buy as cheap as possible from those people
2) coin is oversold and most sellers know it so the sellorders don't come down
i would recommend build strong support on this level and lower and then move only small buyorders up to test hights. If dumpers are out of ammo we will surely gain ground some in price. That's how it works. Price stays low until all the dumpers are done with it. Then, when uno is in strong hands and the dumpers are out and didn't get a chance to rebuy back lower we move up.
There is one nasty breed of trader 'the evil shortseller'. We don't want him. We bought him out i think.
Uno has been steady between 0.003 and 0.006 for months now. This is the bottom from which we will very likely rise.
what about bittrex-market btw? Is that still on the table?
i informed
https://www.litebit.eu about uno just yesterday. They look at it. That platform gives people the option to buy crypto directly with fiat very fast and easy. Maybe they will add uno. They are looking into it right now. They are based in the netherlands and are aimed at Europe but working on handling usd too as far as i can see. Right now it's only Euro though.
