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Author Topic: [UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5  (Read 1046603 times)
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sirsmokesalot
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November 19, 2014, 03:57:33 PM
 #4121

Uno is where all the cool cats are at, you dig  Cool

We can't grow when we won't criticize ourselves!
-->>>Unobtanium - The crypto you keep!<<<--
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November 19, 2014, 08:47:55 PM
 #4122

Welcome Cool cat

Me here.  Gonna blow a fuse if not on new model today

M
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November 19, 2014, 10:24:29 PM
Last edit: November 19, 2014, 10:36:53 PM by FallingKnife
 #4123

Just made my first Uno purchase, interesting coin.  Looks like a great community, cohesive with control.  My first purchase was at 800k.  Now I have my first holding I will quietly acquire on the dips.  I intend to hold this coin and respect the communities rules for trading.

You must have been the buyer on Bittrex. There was a decent quantity there at .008 that is gone now. Not a lot of Un for sale right now.

It seems there's a standoff between buyers & sellers. Buyers are looking for dump.  Sellers are patient and not showing their hand.
Some of us are waiting to see if btc will drop before bringing in new fiat.  
Things have been quiet this week as the chess match slowly plays out.

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November 20, 2014, 12:44:53 AM
 #4124

Back on-line. Patiently catching up. Funds being sent.

Wrote this while waiting:

Elephant in The Room: Permanent ‘Low Volume’

We are overdue to discuss this issue:

‘low volume’ is Unobtanium’s Problem of Success.

As Uno’s rarity increases, as its price rises, volume will drop – “I’m not sellin’ mine! You’re not sellin’ yours – whose gonna sell any at all?”

The Answers:

One: explain to the crypto world that -- as a ‘commodity’ (except as ‘standard currency-function’) -- low volume is par for the course.

Two: trade DVC! This increases (blockchain) volume. It is part of the theory of the Hedges Project.

Three: set up and ‘mentor’ a merchant. The increase in volume here is small – but it will also bring funds into Uno.

Four: there is a fourth aspect. If anyone has read this far, ask me what it is.

Note: I think the next six months will be a little difficult. Forewarned is forearmed.
Personally, I am gonna pour funds into Uno, both to increase my stake, and to buoy the price.

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November 20, 2014, 01:57:55 AM
 #4125

Thanks everyone.   Yes I did take out the Bittrex order.  I feel like I have just taken a sip from the top shelf at a very private crypto club.

I found out about Uno after many, many hours of researching alt coins.  My sandbox is filled with dozens of unused wallets.  My interest in uno is the price stability (in a market where scammers and greed have left the market in ruins) underpinned by a coordinated, cooperative, smart, mature crypto community.

I will increase my stake as I go buying the dips and very respectfully selling fragments into the peaks.

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November 20, 2014, 02:29:54 AM
 #4126

I feel like I have just taken a sip from the top shelf at a very private crypto club.


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November 20, 2014, 02:47:58 AM
 #4127

Back on-line. Patiently catching up. Funds being sent.

Wrote this while waiting:

Elephant in The Room: Permanent ‘Low Volume’

We are overdue to discuss this issue:

‘low volume’ is Unobtanium’s Problem of Success.

As Uno’s rarity increases, as its price rises, volume will drop – “I’m not sellin’ mine! You’re not sellin’ yours – whose gonna sell any at all?”

I agree that this will be a short-term hurdle for our community

Four: there is a fourth aspect. If anyone has read this far, ask me what it is.

You baited me in, what is the fourth aspect?!

Note: I think the next six months will be a little difficult. Forewarned is forearmed.
Personally, I am gonna pour funds into Uno, both to increase my stake, and to buoy the price.

Agreed, I think we can all buoy the price with occasional buys. Also, in my mind it is evident that UNO is drawing more interest from everywhere in the cyrptosphere.  I think there is hesitancy to buy from some individuals because the price is higher than most coins and they just can't quite believe that it isn't a pump and dump coin.  As time rolls on, more people will decide to get on the train, and it won't slow down!



Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
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November 20, 2014, 03:07:44 AM
Last edit: November 20, 2014, 04:06:37 PM by FallingKnife
 #4128


Agreed, I think we can all buoy the price with occasional buys. Also, in my mind it is evident that UNO is drawing more interest from everywhere in the cyrptosphere.  I think there is hesitancy to buy from some individuals because the price is higher than most coins and they just can't quite believe that it isn't a pump and dump coin.  As time rolls on, more people will decide to get on the train, and it won't slow down!



The cryptosphere has only known pump & dumps in altcoins.  The idea that someone would hold a crypto long term has been an idea heretofor reserved for Bitcoin.
But now the cost of Bitcoin inflation is beginning to be better understood. I think Uno stands out in that regard, because it is largely through the inflationary period.

The whole idea of a cryptocommodity is playing out right here. The unique luster on Uno that makes it attractive may not have the apperance of gold; rather, it's the qualities of fairness, rarity, low inflation, an interesting history, longevity, among its other assets.  

The weird thing is that with current buy support, there are those of us here who could push it down to .0005 or lower in about 5 seconds.
But the weirder thing is, that would make many of us here very, very happy.



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November 20, 2014, 04:45:38 AM
 #4129

Pump and Dump us all the entire crypto scene has known. Bitcoin is not an exception in this regard. Recent discussions with Mark have led me to believe that 'UNO' is not immune to this behavior and should the right external factors arise might actually be more vulnerable due to the small tight community. It is important not to get caught off guard due to hubris.

A hypothetical scenario where a few high profile BTC trader names get their followings into UNO at the same time as we see a shift of 'free electricity' miners hitting the mining community. This presents a few problems.

Sudden buy pressure of such a low volume coin will skyrocket the price to such a point even the most loyal UNO core community member might be interested in a new car or paying off that house loan. Free electricity is free no matter how low the return on mining, viable. A significantly large mining force could take control of the block-chain. The argument that this can't happen was the same argument the Bitcoin community held, and is made more concerning when the core community is small. Unless there is a significantly different technical angle I am unaware off (this may well be the case).

Good news is a small core community is also the best suited to react to possible external 'attack'.The term attack can be unintentional or entirely intentional.

Side note though, it does feel like we should see a little upwards pressure today tomorrow. I might just be feeling optimistic to counter my recent pessimistic approach.

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November 20, 2014, 05:00:19 AM
Last edit: November 20, 2014, 07:04:52 AM by BitcoinNational
 #4130

I feel like I have just taken a sip from the top shelf at a very private crypto club.



For relaxing times, make it un-ob-tianee-tori time.

---------

And now all this worry has given me a headache.

1. I hope you've had enough to drink. It's gonna take courage.

2. The bearwhale issue ... we need to pony up some solid rock bottom support lines ... good thing is we are multiple exchange traded ... if one market flash crashes the others hold up ... bonus ... mtgox exposure is reduced when leaving BTC on deposit for long periods ... 'Distributed'.  Backing up that ... Un-Ex can issue LARGE contracts so if there is a massive dumper crash event ... big time arb guys know Un-Ex will provide LARGE order buy backs.  After the new year I can make a size-able (for me) cash underwriting public ... all persons of similar ability should work in unison on this.

3. The "free electric" attack ... yes problem (same problem for every POW coin) ... the merged mining project may need to be accelerated (but maybe better to go with a multiple algo ... DUO/TRINITY).   Right now good enough solution is having at least 6-7 established pool operations.  Mine operators need to speak up on this point ... they are lurking around and have the better insight & knowledge to speak on this matter.  Long term .. say UNO = +$50M in cap .. our argument that uno is a "secure" method of storing value is greatly enhanced if we can claim multiple algo.  There is no rush to fork, but it is wise to have a clear long term game plan.    Short term ... reaction to possible external 'attack' is on top of the agenda for the mining operations council, suggest some variation of a multi-pool.  Plus, were we not in talks with a big time Hash contracts company?  Let's keep that dialogue alive Wink Un-Mining needs a thread.

 

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November 20, 2014, 06:22:02 AM
 #4131

I don't think its time to worry, and I don't think the end is near.

In a perfect world we could solve low volume with merchant to merchant transactions.

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November 20, 2014, 06:49:07 AM
 #4132

Crypto Celeb Gos

Uno the Chick escorted Helena Bonham-Carter to the Gala DVC Launch after-party. There is no truth to the rumours that he ate too many flaked lupins and pecked a photographer.

Photo here. Helena is out of frame to right
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November 20, 2014, 07:01:07 AM
 #4133

@ B.N.: 'we need to pony up some solid rock bottom support lines' Yeh, I agree.

It's gotta be informal, of course. I am always guilty -- and I mean repeatedly -- of having no fiat to buy Bitcoin when its price drops; and having no Bitcoin to buy Uno when its price drops.

Not gonna make that mistake anymore. Gonna have some Btc to hand.

m
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November 20, 2014, 01:57:46 PM
 #4134

It looks like  Uno is going to stay pegged to BTC for now. That's good news for Fiat>BTC>UNO   Uno could soon have the opportunity to move up as new money comes.

Last several hours of Btc



I don't cheer btc falling, but I am excited about cheap Uno.

Don't forget the new USD/UNO market on Bleutrade.  There may be some Un deals there.
There's also one getting started at Comkort.

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November 20, 2014, 03:15:41 PM
Last edit: November 20, 2014, 03:35:35 PM by BitcoinNational
 #4135

in the next 60 days my goal is to focus on the Bleutrade un/$ market
if we can show action/volume there I think uno gets much respecto from traders in general

plus it is a way for me to short BTC

still fuzz on this one but the DVC allows shorting $ to silver?

plus UNO acts as the middle instrument to transition $ to silver ... and some how nxt is involved  Cheesy

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November 20, 2014, 03:26:14 PM
Last edit: November 21, 2014, 09:09:20 AM by BitcoinNational
 #4136

to catch / to obtain / to capture
获得 to obtain / to receive / to get
取得 to acquire / to get / to obtain

未能 cannot / to fail to / unable to
not to have / no / none / not / to lack / un- / -less

maybe the winner
无取得 translates as >> NONE MADE

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November 20, 2014, 03:48:30 PM
 #4137

buyers not showing hands, sellers not showing hands (maybe) - wild guessing what could be lurking in either direction.

low volume on all alts, not only uno

bearwhale needs to go - see it as last opportunity to get coins below that price (0.008)

low level liquidity floor is nowhere to be seen. Is it 4s? 5s?, is it 6s? If you don't show low ball decent buysupport you encourage panicdumps like on bittrex yesterday (not that i would care very  much though).  
Now is 100 order at 6s in place is much better than before. Always look for good buysupport for up to couple of hundreds on the big markets is maybe a good idea.
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November 20, 2014, 04:03:09 PM
 #4138

bearwhale needs to go - see it as last opportunity to get coins below that price (0.008)


I've been casually tracking what I think is that bearwhale activity. 

I just happen to notice it because it was a large quantity that moved on the rockchain; i don't do this for a living. Smiley

I saw the richlist wallet empty, then the subsequent unloading of similar quantities. It all matches up pretty well.
He should be done now, or nearly.

Nostr:
npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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November 20, 2014, 05:12:27 PM
Last edit: November 20, 2014, 06:44:33 PM by gustav
 #4139


He should be done now, or nearly.

let's hope so


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November 20, 2014, 07:43:26 PM
 #4140

bearwhale doesn't know: we just tapped recently into some constant, close to infinite demand. (if you'd know it you'd shit bricks)

15 coins a day in demand is covert in any case.
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