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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5  (Read 1046619 times)
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BitcoinCharlie
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August 03, 2014, 03:05:31 AM
 #1421

What about a meme with the world's most interesting man?

"I don't normally buy crypto-currencies, but when I do, I only buy Unobtanium..."

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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V500
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August 03, 2014, 03:26:28 AM
 #1422

What about a meme with the world's most interesting man?

"I don't normally buy crypto-currencies, but when I do, I only buy Unobtanium..."

have fun: http://memegenerator.net

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
prominerone
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August 03, 2014, 04:29:07 AM
 #1423

I did't see this match until now. haha-  Un = United Nations ... Damn it it's a good match  Cheesy Cheesy Cheesy

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August 03, 2014, 04:55:55 AM
 #1424

I did't see this match until now. haha-  Un = United Nations ... Damn it it's a good match  Cheesy Cheesy Cheesy

i just had a phone-call by Ban Ki-Moon

he said: all lights green, ready to liftoff  Wink

edit: currently withdrawing all coins from exchanges. Not selling this before 10x at the very least.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
prominerone
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August 03, 2014, 06:06:57 AM
 #1425



  Guys becomes too hot here  Grin

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August 03, 2014, 07:14:35 AM
 #1426

@prominer the nerds are soon going to be all over this thread  Cheesy

this way my buyorders never get filled  Cheesy

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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August 03, 2014, 02:05:50 PM
Last edit: August 03, 2014, 05:23:54 PM by BitcoinNational
 #1427

food for thought

It is very clear that UNO has a strong network today and for some time in the future.

No one knows what is in the distant future ... that's about spring 2015 in cryptoland time.

http://wiki.bitshares.org/index.php/DPOS

Delegated Stake / Pools might be a way to prevent the 51% issue.

UNO SHIELD

Ex.  the algo hard codes a list of 50 trusted pools (we can establish semiannual updates to the algo to edit if needed)

First the network would instruct the mining software to switch pools if one pool node gets too dominant.  
If that fails to balance the power?
Then the code would then ignore a pool if it can gain +29% of the hash power.

Hence, forking UNO is unobtainable. But forking BTC or LTC is still obtainable!

too be super extra redundant


The client could have a 'network' integrity feature.  If UNO is under attack it warns everyone automatically to halt trades/spending.  And the devs could have a VERI fair point in time to roll back the chain just in case the impossible did happen.





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prominerone
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August 03, 2014, 03:33:25 PM
 #1428



 I see the future  Cheesy

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August 03, 2014, 06:13:59 PM
 #1429

Steady buying, like Rojan's is what props up the stockmarkets.  People working like robots for these large corporations that strongly encourage them to buy into their retirement plans.

Except with UNO, it's real value that we actually support and believe in.

Something to think about....

A new, stabilizing sector for UNO?


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August 03, 2014, 06:48:55 PM
 #1430

 And the devs could have a VERI fair point in time to roll back the chain just in case the impossible did happen.



no rollback ever. the exchange eats the bill or we fork the thief out. But no rollback in time, sir. This is no pos. Rollback will not happen. 'rollback' lol. rollback is aids. Don't even think about that. Other than that there were some good ideas in there regarding 51%s.
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August 03, 2014, 07:07:39 PM
Last edit: August 03, 2014, 07:19:37 PM by gustav
 #1431

i was doing a bit of maths.

-Blockreward is now 0.0625
-30 new coins a day currently
-taking a sustainable average of 1000$ coming into uno per day makes 1 coin worth 33$ at these rewards given that 1000$ really come in - but 1k isn't much in crypto. If 2k$ come in per day for an extended period of time at these rewards the coin is 66$.

Well, and it is going to halve again to 15 coins a day. Not saying it makes it worth double the money instantly but surely in the mid/longterm given more money comes in than goes out. At these prices today sustaining the network costs 84$ (30 * 2,80$). That is a joke of course.

conclusion: Uno is still massively under value.

when looking at the trades of past 24h some people still dump like 40 coins in a trade. They seem to forget that the only real sellpressure is themselves. Most are probably used to trading coins with higher inflation.
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August 03, 2014, 08:36:59 PM
Last edit: August 03, 2014, 10:27:36 PM by FallingKnife
 #1432

Steady buying, like Rojan's is what props up the stockmarkets.  People working like robots for these large corporations that strongly encourage them to buy into their retirement plans.

Except with UNO, it's real value that we actually support and believe in.

Something to think about....

A new, stabilizing sector for UNO?

To me, UNO is desirable because Blazr2 has hit on a nearly perfect model for creating a store-of-value coin.

Rapid creation of the first 200k coins thru POW over a year is near perfect for a store of value coin. It's much more fair than the new "1 week POW" coins where big stakes can be accumulated before anyone has any idea what's going on.

And NO premine, while arguably unfair to Blazr2, sets Un apart from so many other coins that are subject to pre-mine pump & dumps. Investing in a coin with a 2%-10% premine, where that coin will take 6, 10, 30 years to mine out is a crazy investment in the long term fraught with risk.   Yes, I understand the advantages of a premine (and sometimes  I wish Un had one to play with), but again -- this is one way in which Un is different from other coins. Premines make coins inherently risky in the earliest days and effectively kill a coin (and your investment) if the dev team disappears or dumps the pre-mine. In the Un experiment there is no Pre-mine. The result is that Un is perceived to be a fairer coin.  

A fair-start is not a "feature,"; you can't just program that in later. If a coin doesn't have the fair start at the beginning, it will never be a fair start coin.

So what about all these coins that have cool features like privacy, or messaging, or distributed exchanges, or phone calling, or whatever, built right into the wallet?
Yes they're cool, but they are just features... a feature can be stapled on to virtually any coin after the fact. Cool features still won't make any coin a better store of value than UNO.

Crypto is fun and often innovative. There will continue to be lots of really interesting, worthy crypto experiments; we see a dozen launch every day now. The best cryptocurrencies from the past will be carried forward into the future, but the future is crowded and not all coins will be there. I am confident UNO will be there, because it has what so many other coins lack and is particularly suited to thrive as a store of value. UNO is the closest equivalent to gold that exists in the crypto world, imo.

Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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August 03, 2014, 09:53:24 PM
 #1433

How does one address have 56K UNO?  That can't be a good thing~!


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August 03, 2014, 09:55:27 PM
 #1434

   Exactly! FallingKnife - very well said my friend Smiley

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August 03, 2014, 10:01:12 PM
 #1435

How does one address have 56K UNO?  That can't be a good thing~!

probably wolong (if not cryptsy) ... but agree. In case it's wolong he's going to set the price to high level later. Pretty sure. If it's cryptsy: TAKE YOUR COINS TO YOUR LOCAL WALLET!!!

i would think it's wolong though. He must have bought on the down for last few months. Basically not his error but the error of the people dumping to him (including coinex). He fucked up Unos nice distribution, but which coin isn't fucked in that way? All of them are. You can't prevent a whale from buying large amounts at the open market.

We'll have to accept him as a player in Uno i guess. And honestly as long as he's raising the price it should be ok. I also don't feel too happy about that large wallet but what can we do?
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August 03, 2014, 10:34:44 PM
 #1436

How does one address have 56K UNO?  That can't be a good thing~!

this much you can buy in the past only .    ....with how much? ~ 300/500 BTC ore more ....this guy is going to profit big. to have that much means : you vanned to do something different than dumping, means a lot of faith in  uno and in the profit from it .... He goanna sell high..... leisurely...   I think so

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August 03, 2014, 10:36:22 PM
 #1437

this year: 30$ a coin
next year 100$ a coin
1000$ a coin in 2018 bitches!   Wink
... or maybe 2017 already...

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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August 03, 2014, 10:38:47 PM
Last edit: August 04, 2014, 12:25:40 AM by FallingKnife
 #1438

How does one address have 56K UNO?  That can't be a good thing~!

I've asked Cryptsy 3 times if they can comment on whether it's their cold storage wallet, but they have not responded.
There are some amazing coincidences that keep me for ruling out Wolong. His announcement of his pending ForEx service the same day after months of silence, and then there was that weird chatroom "leak" months ago where (presumably) Wolong said he would use Uno as an arbitrage instrument. Take it all with a grain of salt...

Maybe we should try this: pick a time, and everyone withdraw their Uno coins to their local wallets from cryptsy all the same time.  Then we'll see if they have to tap cold storage to honor the withdraw requests.
If we pull out 10k Un, maybe it might force Cryptsy to tap cold storage and we'd see it move.  Or... on the other hand, if Wolong is reading this all he needs to do is move some coins on that same day to screw with us. But maybe we would find some blockchain evidence... maybe not.  Smiley  I guess there's really no way to know for certain unless Cryptsy or Wolong offers an explanation.

If it's not Cryptsy's wallet, remember that all of the coins in that wallet were acquired on the market; they're not part of any premine scheme. While it skews the distribution on our Chainz explorer, they're still fairly acquired Un.

Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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August 03, 2014, 10:42:33 PM
 #1439

Yes, no premine whatsoever and fair launch with no instamine. Had we known where it would have gone, we'd have done it no other way.
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August 03, 2014, 10:46:49 PM
 #1440

@ FK, right. He didn't get those coins for free.

@Blazr2. Fair coins are the only ones that stand a chance to become widely adopted real money. (look at LTC - LTC with a premine would have gone nowhere). With Uno pretty much everything was done right.

@ the rest: don't forget to tip Blazr2 now and then some coins. He deserves some tips.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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