timpeff
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Activity: 89
Merit: 10
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October 05, 2014, 09:09:42 PM |
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What exchange had the dump?
on cryptsy |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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gustav
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October 05, 2014, 09:14:47 PM |
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halving in 8 days
muhahaha
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BitcoinCharlie
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Activity: 1260
Merit: 1001
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October 05, 2014, 09:16:09 PM |
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we will be moonin so hard. Wake me up when you need the sellwall on 0.1 pulled
LOL
just buy it up already. Buysupport is overrated hahaha
full moon bebe, full moon
if you want to sell: micro-orders all the way
mintpal further delay. lol those guys.
mintpal's efforts are a business school case study on how to destroy your business along with your credibility! |
Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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gustav
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October 05, 2014, 09:23:36 PM |
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very true, Charlie
Uno is so hot on that 0.008
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gustav
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October 05, 2014, 09:31:43 PM |
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you in a few days:  just do no order bigger than 5 coins. Not in one place. Spread it out over the book. Best orders smaller than 1 coin all the way to 8 btc |
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BitcoinCharlie
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Activity: 1260
Merit: 1001
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October 05, 2014, 09:33:38 PM |
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you in a few days: Are you expecting a collapse of the US dollar as well?  |
Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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gustav
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October 05, 2014, 09:44:41 PM |
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you in a few days: Are you expecting a collapse of the US dollar as well? na, just selfaccelating panicbuys. I mean not a little but a lot. USD? Not my case. I like internetmoney |
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FallingKnife (OP)
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Activity: 2450
Merit: 1076
keybase.io/fallingknife/
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October 05, 2014, 10:14:19 PM |
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The day UNO begins gaining on USD will be an exciting day. BTC has been sliding against a strenghthening USD (obviously) while UNO has been essentially "pegged" by investors to USD. That makes our rise against BTC (now in it's 4th month) very noticeable in this altcoin market. I've said all along that UNO is not even at it's average marketcap of $500k. UNO is still below that level. I believe there's more room to run against USD, since UNO (IMO) was undervalued against USD even before BTC began it's decline. 009 btc is not a crazy price any more with Btc at $290.  I'm offering a friendly reminder that new people are rediscovering UNO and our community during these days. Lets all be on our best behavior, lest any new comers mistake some of our banter as a "pump and dump." It's not. It's also great to see some familiar and new names returning to the forum. Miner support is increasing. Trade volume is rising. Uno hasn't even started to run against USD yet. It's a good time to be a Uno fan. We're having some fun, doing some trading together, but most of the reason we're doing this is because we want to hold more UNO and less BTC right now. Holding BTC instead of UNO has been costly since July. Many, many of us in this forum have been in UNO since the beginning. Forgive us if we're a little giddy that others are beginning to discover why UNO is different than other crypto. |
Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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sirsmokesalot
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October 05, 2014, 10:27:26 PM |
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I was thinking about btc and why it is tanking so hard. I think on top of the inflation issue and miners dumping, you have a lot of the places who accept it "dumping" it as well. If they don't actually hold the coins and instead use a service to exchange the coins for fiat who is left to buy the coins? There are only so many potential buyers. Perhaps this has something to do with why btc is hurting so hard? Uno keeps doing well though because it hardly has any downward pressure from those forces. The only black mark uno really has against it is that stupid huge wallet. With the silver hedging, is that almost like pegging the price of uno to silver? It is pretty interesting, go for it  |
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Korlic
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Activity: 80
Merit: 10
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October 05, 2014, 10:36:06 PM |
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I was thinking about btc and why it is tanking so hard. I think on top of the inflation issue and miners dumping, you have a lot of the places who accept it "dumping" it as well. If they don't actually hold the coins and instead use a service to exchange the coins for fiat who is left to buy the coins? There are only so many potential buyers. Perhaps this has something to do with why btc is hurting so hard? Uno keeps doing well though because it hardly has any downward pressure from those forces. The only black mark uno really has against it is that stupid huge wallet. With the silver hedging, is that almost like pegging the price of uno to silver? It is pretty interesting, go for it To me, btc is tanking because of uncertainty surrounding the bitlicense and ETF (lots of money on the sidelines right now) and because of the recent news about PayPal and Bill Gates. From an outsider view, BTC looks like it's crashing big time; which makes average people who don't care much about risky investments, dismiss it. If you'll look at google trends, it looks like bitcoin searches are starting to go up. |
#1 Hodler
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gustav
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October 06, 2014, 12:18:57 AM |
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forget all i said. Was total nonsense. I am too much for myself right now. I'll be back with something good.
deleted few comments. Totally trippin. Lack of sleeps fucks my brain hard.
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FallingKnife (OP)
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Activity: 2450
Merit: 1076
keybase.io/fallingknife/
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October 06, 2014, 12:42:54 AM |
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forget all i said. Was total nonsense. I am too much for myself right now. I'll be back with something good.
deleted few comments. Totally trippin. Lack of sleeps fucks my brain hard.
Been there!  |
Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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timpeff
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Activity: 89
Merit: 10
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October 06, 2014, 12:45:53 AM |
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bittrex just got bought up to .01
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IMZ
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Merit: 1000
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October 06, 2014, 01:27:26 AM |
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@ Sirsmokes: big difference between trading and pegging. Pegging always go wrong. It is a chest-thumping bluff undertaken by governments.
We are going to initiate Uno/silver-'token' trades. Think about how the Swiss Franc achieves its value on the markets each day. It is 'weighed' against a 'basket' of other currencies.
Well, by providing a Uno/Hedge facility, we are putting more things in the basket of currencies and commodities against which uno gets weighed.
Guys, there is no reason at all why this community couldn't 'leverage' itself a hundred million bucks in/through/around/on top of the 'mere' currency that is our unifier. Look up the words 'kongsi' and 'hawala.'
Think about this technical point:
all alts are valued against Bitcoin . . . but is Bitcoin weighed at all against any alt? No.
The more fingers we get in different pies, the more we can divorce ourselves from the shackles of Btc/Uno-pricing.
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FallingKnife (OP)
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Activity: 2450
Merit: 1076
keybase.io/fallingknife/
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October 06, 2014, 01:37:30 AM |
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Do you think UNO is too high right now? Go back and read my rant here. https://bitcointalk.org/index.php?topic=527500.msg8961322#msg8961322At that time, I calculated that the market cap at .006 would be $489,843. Right now at .082 (or whatever it is at this moment), CMC pegs Un's cap at $483,499.  In dollar terms, UNO has not made outrageous gains. My new money btc at .008-009 is buying about the same amount of Uno today as it did last week at 006. Pricing Uno in Btc is giving the illusion that it's more expensive than it really is. It's still a good time to accumulate imo, which is what I'm doing. Don't be surprised when people realize this and buy it up. At $300/btc, .009 gets us back to Un's traditional $500k marketcap. What will happen to Uno if Btc recovers and goes back to $1000/btc? Who knows. I hope it will retain these gains move up with Btc, but that's not the reality we're dealing with right now. Un broke with Btc and has gained steadily on it since July. Maybe Un will hook up with btc again later and follow in lockstep, but we don't know yet do we. If you can get new money into btc, do the math as I did in that first post and see if it makes sense for you to accumulate, but don't be put off by the price; it is not high in Usd terms. |
Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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Benefactor
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October 06, 2014, 01:49:05 AM |
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At this rate, AltMarket will be up before Mintpal. Ha! ...But seriously, does anyone have a link, so I can listen to the worldcryptonetwork audio/video pow-wow with Bryce Weiner, today? Also, what happened to Seaman? Did he just get his account kicked off of Twitster? Why? T.I.A. |
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gustav
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October 06, 2014, 01:51:06 AM |
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@FK uno is never too high about the price i would suggest:  |
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BitcoinCharlie
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October 06, 2014, 03:51:00 AM |
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Anybody around on here? Been a busy weekend, everybody's probably asleep!  |
Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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IMZ
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October 06, 2014, 04:26:35 AM |
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'The majority of coins are sold OTC. Anybody who does a lot of big trading knows this'
Need to understand this for an article -- is it true?
Me here on and off next ten hours, B.C.
m
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Benefactor
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October 06, 2014, 06:45:54 AM |
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'The majority of coins are sold OTC. Anybody who does a lot of big trading knows this'
Not sure what's referred-to, here; not even sure who wrote it. Was it in one of gustav's UNO berzerker rants? Anyway, it brings to mind the rumors that large orders of Bitcoins happen off of exchanges at much higher prices than on the exchanges. It's another inside job. Gets real ugly, when you start to consider the implications. Maybe the author of your snip was suggesting it applied to the visible in-house exchange??? -I'll be fascinated the first time two people make a real exchange on it outside of the fair-market value! lol. |
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