FallingKnife (OP)
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keybase.io/fallingknife/
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July 30, 2014, 01:57:07 PM Last edit: July 30, 2014, 03:53:56 PM by FallingKnife |
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Since BW returned us to 3 minute blocks, there's been at least 1,700 LESS Un available to be sold on markets. This is based on the current block, subtracted from the height of an older wallet visible through "getpeerinfo" that has run off on their own chain, multiplied by the .065 block reward. No more CoinEx dumping. We've seen nearly 190k Uno created in the first year, nearly 10k of that amount stolen and dumped back on the market, and we've absorbed it all in a short time. Now Un creation has been slowed to a trickle, and we're approaching the next halving, which means even less Un. To mine the entire remaining 60k Un will take centuries. Very little Un will be created in 2015, just a small fraction of the production we experienced in the past year. All of this discussion around uRAN made me take stock of my position. When the uRAN speculation began, I pulled my market-making sell orders, like most of you did, and the price shot up. Basic supply & demand kicked in. I'm kicking myself now for not buying more in the .002's. We may never see that again. I said before it was a screaming buy below .005, and now suddenly it's breached .005 -- not because I said it would, but because the fundamentals were clear. Why wouldn't I be adding Un here, and trying to catch some of those inevitable dumps (I call them "gifts") that occur from time to time? It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner. This entire discussion woke me up. Whether this is the Return of Wolong (and wow! what series of coincidences) or BigVern keeping Un safe, it doesn't matter to me. Un is my major crypto holding for 2014 & especially for 2015. As long as there's an active and vibrant community and smart Devs around Un, the underlying fundamentals will continue drive the price up, imo. I don't see this community abandoning Un. You had your chance to leave after the last Wolong pump but you chose to stick with it and see what happened; why would you leave now just when things are about to get exciting? Hodl on! MaxCoin objective achieved. Anoncoin, you're in our spot!
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Nostr: npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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venlo
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July 30, 2014, 02:14:15 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon.
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FallingKnife (OP)
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keybase.io/fallingknife/
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July 30, 2014, 02:40:51 PM Last edit: July 30, 2014, 02:53:02 PM by FallingKnife |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual.
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Nostr: npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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venlo
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July 30, 2014, 02:53:48 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual. HOOOOLD!!!
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prominerone
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July 30, 2014, 03:14:53 PM |
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Maybe you see the big pic here. Wolong never sold off uno. He hold. This fucker got some plans for unobtanium. He wanna profit and he's smart . He probably gonna sell it on good price in private on some China investor/s and he play big. As he said many times UNO is going to be CRYPTO GOLD. I don't think he is going to dump it cheep........ He want big profit ....so me to..... Be smart guys if You desire to sell anyway....I personally don't think to sell any soon because i don't depend from it! I am here for very long long ride . I'm going nowhere .....are you guys ? Wolong can't do SHIT to UNOBTANIUM anymore !!! ......We are ready !
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BitcoinCharlie
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July 30, 2014, 03:15:07 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual. HOOOOLD!!! Speaking of MintPal, with Wolong possibly back in the game, it might not hurt to pick up a few of his PANDAs on MintPal. PANDA was his baby and I wouldn't be surprised if there weren't a bit of a comeback on that thing. PURELY a speculation play tho...only trades against LTC b/c value is so low, but just a thought https://www.mintpal.com/market/PANDA/LTC
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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BitcoinCharlie
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July 30, 2014, 03:16:18 PM |
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Maybe you see the big pic here. Wolong never sold off uno. He hold. This fucker got some plans for unobtanium. He wanna profit and he's smart . He probably gonna sell it on good price in private on some China investor/s and he play big. As he said many times UNO is going to be CRYPTO GOLD. I don't think he is going to dump it cheep........ He want big profit ....so me to..... Be smart guys if You desire to sell anyway....I personally don't think to sell any soon because i don't depend from it! I am here for very long long ride . I'm going no were .....are you guys ? Wolong can't do SHIT to UNOBTANIUM anymore !!! ......We are ready ! Be careful, Wolong has a lot of coin to do a lot of things...
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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venlo
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July 30, 2014, 03:55:28 PM |
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Maybe you see the big pic here. Wolong never sold off uno. He hold. This fucker got some plans for unobtanium. He wanna profit and he's smart . He probably gonna sell it on good price in private on some China investor/s and he play big. As he said many times UNO is going to be CRYPTO GOLD. I don't think he is going to dump it cheep........ He want big profit ....so me to..... Be smart guys if You desire to sell anyway....I personally don't think to sell any soon because i don't depend from it! I am here for very long long ride . I'm going no were .....are you guys ? Wolong can't do SHIT to UNOBTANIUM anymore !!! ......We are ready ! Be careful, Wolong has a lot of coin to do a lot of things... +1 shouldn't be underestimated. He's professional trader.
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BitcoinCharlie
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July 30, 2014, 04:22:28 PM |
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Maybe you see the big pic here. Wolong never sold off uno. He hold. This fucker got some plans for unobtanium. He wanna profit and he's smart . He probably gonna sell it on good price in private on some China investor/s and he play big. As he said many times UNO is going to be CRYPTO GOLD. I don't think he is going to dump it cheep........ He want big profit ....so me to..... Be smart guys if You desire to sell anyway....I personally don't think to sell any soon because i don't depend from it! I am here for very long long ride . I'm going no were .....are you guys ? Wolong can't do SHIT to UNOBTANIUM anymore !!! ......We are ready ! Be careful, Wolong has a lot of coin to do a lot of things... +1 shouldn't be underestimated. He's professional trader. Regardless of anyone's personal opinions, his power to move markets is to be respected.
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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prominerone
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July 30, 2014, 05:51:01 PM Last edit: July 31, 2014, 12:00:58 AM by prominerone |
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jacklord
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July 30, 2014, 05:59:18 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual. SO what do you want to do now, hold or sell, better sell some and hold rest.
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Korlic
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July 30, 2014, 06:14:18 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual. SO what do you want to do now, hold or sell, better sell some and hold rest. It'll take much more than .006 to get me to part with any of my Un.
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#1 Hodler
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sirsmokesalot
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July 30, 2014, 06:21:01 PM |
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Welps, i am running low on btc now but i increased my holdings by at least 50%, and i dunno, does taking those 600 uno from the market help or hurt it? I don't plan on selling much of them any time soon but at the same time if ya don't put them back into the market no one is going to be able to obtain them, huehuehue Does anyone know if someone bought those 300+ uno that were for sale on cryptsy Just under the 5 range or did the people selling them pull them down?
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rojan
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Bons.io Telegram Casino
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July 30, 2014, 06:34:05 PM Last edit: August 24, 2022, 03:18:34 AM by rojan |
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I'm buying more.
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BitcoinCharlie
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July 30, 2014, 06:35:55 PM |
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Might want to hold onto them. Here's the chart of what went down last time when there was a ton more to mine: Also, check out this chart of a mining pool: Clearly someone is putting some serious horsepower behind getting the last few UNO...
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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FallingKnife (OP)
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keybase.io/fallingknife/
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July 30, 2014, 06:40:19 PM Last edit: August 01, 2014, 09:17:37 PM by FallingKnife |
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Welps, i am running low on btc now but i increased my holdings by at least 50%, and i dunno, does taking those 600 uno from the market help or hurt it? I don't plan on selling much of them any time soon but at the same time if ya don't put them back into the market no one is going to be able to obtain them, huehuehue I struggle with that same question. There needs to be a market, but I don't like making it. Clearly, no exchange will want to host a dead Uno market very long, and buyers will shy away from a dead market with a huge spread. I think its better to keep some coins out there, but also hold some back. The market needs some kg, but it doesn't break my heart if latecomers need to buy it up a bit to accumulate a quantity. I just try to fill in the gaps where I find them. Don't put up huge sell walls, unless you're really ready to lose those coins. Really good volume on Cryptsy today! 10.25 btc. Bittrex says they need at *least* .1 btc traded daily -- not a problem today. MintPal hasn't said what their minimum is, but I like to see at least 1 btc/day based on my experience watching them delist coins, and we're good there, too. Check http://unobtanium.uno for prices across Uno's major exchanges, and other Uno stats. Lookout, Potcoin! We're coming for you!
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Nostr: npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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sirsmokesalot
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July 30, 2014, 07:05:56 PM |
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Yeah, it is getting interesting. We have what, 300+ uno left to mine before the rewards are halved again? After that, who knows?!
I remember what happened last time uno got pumped up there. I mined uno when it first came out, have been holding a couple of them for a while now. Also sold a few, gotta give back to the community!
Uno is pretty tricky. I like it though. It appears someone likes it 56 times more than i do, i sure hope that is a good thing.
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venlo
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July 30, 2014, 07:27:32 PM |
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It's still low at .005, and I believe we'll soon see .01 in a month or two, if not sooner.
Can be that TOMORROW. FK, are you sleeping? Wake up! Wolong is in town! 0.01 within 24 hours! Un going to be 0.1 , no shit. Maybe higher. I have friends mailing me offering all kinds of deals for 100 Un, whining "i can't get that amount at the market" . The crazy is going to start soon. That's awesome! Bring on The Crazy! Just hit .006 on MintPal, so maybe I'm way off, as usual. SO what do you want to do now, hold or sell, better sell some and hold rest. newbie-accounts shouldn't talk FK out of holding Un i think. He's an asset for the coin. Don't ever tell that guy to sell coins! Give him some instead!
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venlo
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July 30, 2014, 07:28:55 PM Last edit: July 30, 2014, 07:51:12 PM by venlo |
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Welps, i am running low on btc now but i increased my holdings by at least 50%, and i dunno, does taking those 600 uno from the market help or hurt it? I don't plan on selling much of them any time soon but at the same time if ya don't put them back into the market no one is going to be able to obtain them, huehuehue Does anyone know if someone bought those 300+ uno that were for sale on cryptsy Just under the 5 range or did the people selling them pull them down? they were bought i think wolong possibly didn't even buy some last 36h hours. Could well be that was all the general folks. Don't know. But i think he is going to hold his Un for quite a while so we actually have 30% less coins at the market. Substract maybe another 40% (or even more) held by longterm-holders and you get 30% of coins up for sale. Price will rise, yes. Supply is even more limited than expected. Expect new ATH! Thinking you have to supply the market at these pricelevels is clearly an error. Price will move up and the supply will be there with higher prices. Supply/Demand. FK, your gut tells you right. You don't have to make that market now because if you do you will kick youself later. Can't buy them back cheaper and will sell out and afterwards price rises much more. Uno is low supply. Price needs to adapt to that. Currently i don't see any dangers of 'dead' markets. All i see is an oversold and undervalued Uno. Nothing is going to be delisted. It won't ever be an issue. Volume across exchanges can be 100btc tomorrow once all the daytraders and others see what's going down. Can be a surprise, who knows. As i said: time for people to go crazy for un... look at cryptsy ... someone buying again while i write here... i'll go to bed now and when i come back to morrow i expect it to be 0.008 btc ... see you in a few hours.
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BitcoinCharlie
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July 30, 2014, 07:53:35 PM |
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Venlo, I agree and for those of us still buying kgs of UNO. We should spread our purchasing out across various exchanges to keep the daily minimums up and show up in the activity lists...
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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