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

[FallingKnife]

Hey y'all,

So, I am a little unclear on this, but if I possess a 60 GH/s Butterfly Labs ASIC, would I be able to set that up to run and mine a SHA-256 algorithm cryptography based currency like Unobtanium?

I was initially under the impression that an ASIC would only mine Bitcoin, but now there are other SHA-256 based coins such as Scotcoin and Unobtanium that I am interested in testing out as the profitability of Bitcoin mining on metered electric has reached a questionable status.

I'm sorry if this question has already been asked. I am relatively new to running a mining operation. I have a lot more experience as a technical analyst and day trader. I do have some computer programming and hacking experience, so what I really need are probably just some pointers to the right hotlinks with directions to follow or the simple answer "no that's not possible."

I have read that the ASICs will crunch any data, it doesn't matter what you throw at them. Is this just a matter of downloading cgminer and copying and pasting a .conf file to mine in a different pool?

Some assistance would be grand!

Thanks, in advance, for your time.

Edit: I'm doing some research for myself now to see if this is possible.

Double Edit: I guess I'm a little too late to join the party.

-mbiebel872
http://twitter.com/mbiebel872

don't forget that guy
I am not a miner but i think you can still mine Unobtanium on pools with ascis and you'll get some out of it. Just try it out. Pools are in the OP. Maybe someone else can help you a bit more than i can

With that BFL 60ghs rig, he can mine any Sha256 coin like Bitcoin, UNO, PetroDollars.... just go to Coinwarz.com and check the "SHa256" box.... he can mine any of those coins. 
Want to try solo-mining a sha256 shitcoin just for the experience and fun of feeling "rich?" Try Unicoin or Snowcoin.

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[Benefactor]

I'm 100% sure one of the 'dumps' you're talking about wasn't a bad guy.  In fact, I can even see a clear pattern on the blockchain where they donated money to support the community, not that that necessarily means much in the scope of this, but it's a contradiction in purported character.

I sure wish I'd get more community feedback on the question I already asked:

Where do you draw the line on what is a 'dump' or not?  How much $USD?  How much BTC?  How much UNO?

I'll repeat:  I don't think selling $1,000 is much.

-

Be careful with the witch-hunt, because you don't know who you might be hurting.

[FallingKnife]

I'm 100% sure one of the 'dumps' you're talking about wasn't a bad guy.  In fact, I can even see a clear pattern on the blockchain where they donated money to support the community, not that that necessarily means much in the scope of this, but it's a contradiction in purported character.

I sure wish I'd get more community feedback on the question I already asked:

Where do you draw the line on what is a 'dump' or not?  How much $USD?  How much BTC?  How much UNO?

I'll repeat:  I don't think selling $1,000 is much.

-

Be careful with the witch-hunt, because you don't know who you might be hurting.

Good point. Only the exchange knows who is selling.  Exchange activity will not map to the block chain.

Now that we've identified the wallets, only a willing Exchange Operator can trace a specific user's account back to Coinex as the source.

[voluntarist500]

so, yeah - i look at it as a fact that coinex dumped stolen coins on us during the last months. They could still have several thousand Un if you look at the inputs of different transactions but i am not sure about it.
I am tired and i don't want to do it all alone. Anybody can now go and bug cryptsy about the information which of the receiving adresses of the transactions of uffG-wallet belong to them and all the details. You can study that wallet and related wallets for days.
People can now if they want investigate this in depth and extract all they want. These informations should also be sufficient proof in a courtcase against coinex.
The exchanges know where the bitcoins went of the accounts that sold the Un at the market and they also know what these accounts did exactly.

It is now up to cryptsy and mintpal to help the case. I hope someone who was burned a lot at coinex takes up this case and brings them down. Crypto-community, go for it.

[voluntarist500]

Wow the transactions for your Coinex btc address lead to some really big wallets. I followed it to here...
https://blockchain.info/address/16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY

must be bitstamp

[venlo]

try to google 16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
there is coming up a lot of sick stuff! 

[voluntarist500]

try to google 16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
there is coming up a lot of sick stuff!  

too big for me. I am out. I am not the right guy for hunting those people... too big for me, sorry.

[FallingKnife]

try to google 16R14EH4v8A9GPXkAAP8gcMFBA8oxA8nbY
there is coming up a lot of sick stuff!  

too big for me. I am out. I am not the right guy for hunting those people... too big for me, sorry.

There will be others with more time and resources. They can take it from here.

And now we know.

The question is, what are we going to do?  As individual traders/investors, we will all act on this information however we want. I think its good it's 'out there' now.

I've considered the question carefully and come to this conclusion:  "I don't care."

I'm going to stick to accumulating Un, helping to make some markets (I both buy & sell on 5 exchanges, but I like to see a higher Uno total at the end of each month);   buy it up toward 0045; set some low orders to catch drops. But I'm not gonna sit around worrying that Erundook from CoinEx might try to sell me cheap Uno.

Uno is as much a hobby for me as an investment. I'm in it for the fun, the community, the challenge, the Uno, and -- yes -- I like it when Uno wins!  

Bring on the cheap Uno Erundook! I know which way its headed, and you can't stop it for very long.

[rojan]

Let's see if I have this right.  For the last 100 days or so, Coinex sold upwards of 4% current UNO supply across various crypto exchange markets.  Coinex stole Unobtanium and other coins from it's customers and claimed there was a hack.  Comparisons of UNO richlist addresses over the time period before and after the claimed hack and subsequent examination of the UNO blockchain revealed a connection between a large "pre-hack" UNO wallet and a large "post-hack" UNO wallet.  Old transactions and addresses were reviewed by those who had dealings with Coinex and confirmed the large "pre-hack" UNO wallet on the richlist was, in fact, Coinex.

So UNO market has been influenced by some exchange thief/thieves exchanging their ill-gotten gains for whatever BTC they could get? 

No panic or hysteria with UNO.  4% UNO dump accounted for.  Set buy orders, set sell orders, and hold most UNO in wallets and/or offline.

For anyone not in UNO yet, getting some now is a good time because of all time price support around these levels.

[voluntarist500]

it is hard to pinpoint exactly but what you find if you compare uffG-wallet to marketactivity is that the transfers roughly match dumps on the market

http://cryptexplorer.com/address/uffGuBZtoJTP8f4nAQKRSCrxKWECzugXn3

one significant dump has occured on 28th of may with roughly 2100 Un dumped at cryptsy.

A few hours before that transactions occur in the uffG-wallet

8988d3b626...   393068   2014-05-27 01:10:09   (250)   4250   UNO
8988d3b626...   393068   2014-05-27 01:10:09   (250)   4000   UNO

to this adress:
http://cryptexplorer.com/address/ueTsSiRv7XGWVLD1msv7SyLD2wu8We93fZ

it contained around 1100 Un

i think there is a good chance that
ueTsSiRv7XGWVLD1msv7SyLD2wu8We93fZ
is one of their deposit adresses at cryptsy

 This is data everybody can extract with just a few mouseclicks. So that's the dump of the 28th of may which was hurting us big at that time and taking us from 0.006 back down to 0.004

[was edited later]

i have to correct this. A member of the community just came up with a screenshot of his uno-wallet telling me ueTsSiRv7XGWVLD1msv7SyLD2wu8We93fZ was his wallet and he bought the coins on cryptsy.
The only possible conclusion is uffGuBZtoJTP8f4nAQKRSCrxKWECzugXn3 is in fact a wallet at cryptsy and ueTsSiRv7XGWVLD1msv7SyLD2wu8We93fZ is already not coinex anymore but the wallet of someone who bought the coins at cryptsy.
So coins were sent directly from coinex-exchange-wallet (pre hack) to a cryptsyaccount (post-hack-wallet) and transferred out of the uffGu-wallet as they were bought on the market. This is very probably correct. So there must be an account at cryptsy with the deposit-adress uffGuBZ and it is the account of the thieve. We can proof this beyond doubt now. No missing links in the chain. We just followed coins without any gaps from coinexwallet to the private wallet of someone in the community who bought them at cryptsy that day. Just for the record: I sent cryptsy a ticket with uffGu-wallet yesterday telling them to look at the case. Got no reply till today. Maybe you bug them too? They also have his IP's and btc-adresses and email.

Good thing is: that coinex-account at cryptsy is now empty. The last ones were bought yesterday from that account. I think there is a good chance we bought all the stolen coins up now and none is left with the coinex-dumper. Can't be 100% sure but highly probable.

http://cryptexplorer.com/address/uffGuBZtoJTP8f4nAQKRSCrxKWECzugXn3

[editing should be finished]

[voluntarist500]

I'll step back from the case now. Nothing more to do for me here. It's solved. You please take this further if you like. Clearing this case up was almost too easy. Crypto is not good to steal, really. Especially not altcoins. If theft happens again in the future: just look at the blockchain and wait for the coins to be sold on one of the very few exchanges. Then make all associated adresses public and ask community who owns one of those adresses. People will come forward and can be asked where they bought them. That will tell you every time the exchange-account of the thieve. You can repeat this with every stolen altcoin and can find the thieves' exchange-account 100% of the times. Criminals have to watch out with stealing altcoin-crypto. This can be done for cases in the past also of course. It can be done even with small amounts of coins. Did someone steal an altcoin from you? Follow it through the chain a few steps and make all adresses public in that community asking who owns one of the adresses. If someone comes forward who bought your stolen coins on an exchange you can read the chain correct and find the exchange-account of the thieve. Just a heads-up. Go look for your stolen coins. You may not get them back but you can maybe find the thief

[learminer]

I'm 100% sure one of the 'dumps' you're talking about wasn't a bad guy.  In fact, I can even see a clear pattern on the blockchain where they donated money to support the community, not that that necessarily means much in the scope of this, but it's a contradiction in purported character.

I sure wish I'd get more community feedback on the question I already asked:

Where do you draw the line on what is a 'dump' or not?  How much $USD?  How much BTC?  How much UNO?

I'll repeat:  I don't think selling $1,000 is much.

-

Be careful with the witch-hunt, because you don't know who you might be hurting.

I think nobody believes that all dumps and larger sells are due to these discovered circumstances. That would be naive.

As for what makes a dump, just using a $ value as reference is not going to cut it. More important are the BTC value and overall trading volume of the coin at that time, the timespan the sales occur in and the percentage of price movement it causes. Normal trading of a coin usually doesn't move the price very much in a short period of time (without outside influences like good/bad news or something like that).
Lets say ~100 UNO normally get traded in 24h and then someone sells several times that amount at once, taking price down significantly (like say >20%). That's an event I call a dump. It's certainly not "trading", as with some patience those coins could have been sold with considerably better BTC gains.
And dumps are certainly not only done by "bad guys". In fact I dumped a shitcoin just a few hours ago because price was going nowhere fast and I'm just impatient like that with coins I don't believe in.

To conclude:
* We now know that up to 5% of total UNO supply was stolen (either from or by CoinEx).
* And we now have pretty compelling evidence a big part of those coins has been sold already.
* UNO hit .005 again sometime in mid-March (~15th) and we have actually hovered around that price with swings up and down since then (such stability is almost an anomaly in crypto-world).
* The past few weeks have been the first prolongued move below that .005 "floor".
* Considering what we now know, that is remarkable!

I mean people are currently freaking out about the possible effect some 30k BTC from the FBI auction might have and that's only like 0.25% of the current supply. Imagine the effect it would have if an additional 650k BTC were to enter the liquid market. That's what happened to UNO, most other coins would have crumbled under the additional sell pressure.

[voluntarist500]

* We now know that up to 5% of total UNO supply was stolen (either from or by CoinEx).

possibly more across exchanges as the coinex-wallet contained more than 18k at one point in January. 5% sold on cryptsy alone! Maybe even more if he had more than that uffG-deposit-adress  [edited]

I personally have seen orders of more than 100Un up for sale at market-level just a few days ago at coins-e. It was up to 10% of total supply what was sold across exchanges PLUS the coins of other people! Supporters stomacked an incredible amount over last few months. Un is still in Top 60 altcoins! We should change that name from Unobtaniable to Undumpable.



Spartans win

... the thief was a terrible trader btw. Sure he must steal because he sucks at trading.

Right now i am looking for every last satoshi i can find to put on Un. Since the last conclusion came up it is pretty clear there is very likely very little left of stolen coins if any at all.
Keep in mind: we skipped two traditional halving-rallies
Network output per month now is less than 1000 new coins. In about 100 days that will only be around 500 new coins a month. Plus: we are in a btc-uptrend. And this is no pos!
This coin will very likely go through the roof coming weeks now that Erdundoockhead is out.

[FallingKnife]

Block 450000 has been reached, and KGW is now in effect.



Difficulty took a jump.

[learminer]

Its going to be interesting if KGW can finally achieve the an average of 3 minutes target block time. Right now it still seems to be racing along too fast. Average time of 1.7 minutes for the last 100 blocks...

[FallingKnife]

UNO is doing very well in voting at BetByCoin!  Can you guys & gals help push UNO over the edge? Voting ends tomorrow, so fast action would be helpful.  That damn VertCoin is on our tail!

http://www.betbycoin.com/coinvotes/

[gustav]

great work FK and V500!

Pull all sellorders. Train leaving. Cho, Cho!

[vector.iso]

hey, FK, can we get the tipping address for unobtanium.uno in the OP?



also, does anyone know any journalists who might be interested in this story?  headline:  Coinex thief steals 10% of all Unobtanium, Spartans buy it all back in 3 months.

[FallingKnife]

How would you like a UNO/USD pair?  Would you trade it?

C-cex contacted me today, and said they are looking over UNO. They like the community, the longevity, the consistency of Uno. They asked if we could do 10btc daily, and I was honest about that. That's a bit of a stretch for a low mintage, often hoarded coin that trades in fits and spurts. But the honesty didn't scare them off.

I don't know what they're going to decide, but if you'd like to see it happen, go to https://C-cex.com and send their support people a note of encouragement.

Also if you're a gambler and want to bet Uno on the world cup round of 16, don't forget to vote today at BetByCoin.com

[BitcoinNational]

UNO/USD pair = GOOD

UNO is almost like a 100% POS coin
but with MUCH more network security and almost no inflation
and this network can be widely decentralized because ASICs are cheap and easy to use. [also low energy consumption]

real money investors will soon see UNOs potential to store value [because stable base money+fair mining]
AND if
they can then measure UNO to usd fiat instead of having it tied to the rises and falls of BTC [wow!]

aka

when the dollar is weak big money will buy UNO, rather than BTC [minting 3600 coins/day]

FOREX 2.0 players will use a combo like UNO/NAUT <> UNO/USD <> euro,cny

this lets them shift between solid cryptos and fiat with no BTC in the middle
taking the game to a higher level of play