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

[Benefactor]

We've caught footage of our recent pet visitor, as UNO's price took a dip:



I think his ankles have healed up by now.  I'm thinking by Aquarius, early next year, I think this will be all sorted out.  

(Mr. Obvious explains:  Aquarius rules the ankles.  Kim Jong Un was reported to have had broken both ankles, recently, but it was probably just a leg-lengthening operation.  Kim Jong Un jokes always follow Woolong references, as is the tradition.)

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[IMZ]

The speaker's gotta be sayin' something like, 'Thanks to the Infallible Wisdom of Our Indomitable Leader . . . '

Had noticed V500's absence!

m

[Benefactor]

I sent V500 a few PM's, no reply.  Last I heard, he was bummed about sub-0.01.

[Jelks]

guys, i am around btctalk and the same people on all the good coins. All the uno people in all the coins that are candidates for longterm surviving or success. It's quite interesting. People in Uno have some taste for good altcoins that's for sure.

What in your opinion are these other good altcoins?

[Jelks]

I sent V500 a few PM's, no reply.  Last I heard, he was bummed about sub-0.01.

No sense in being bummed out about any current price.  If a Wolong or a Wolong II takes the price up to .1 BTC then dumps it and the price drops to .001 BTC, do we really care?  That stuff only matters if one is looking for a quick buck.  And I really don't think there's anything wrong with a quick buck, let 'em make it.  That's just the day-trading mentality.  I think most of us here are in it for the long term.  Like years down the road.  Do we really care about the daily, weekly or even monthly charts?

Plus, when it gets dumped down to something super cheap, what better time to pick up lots of super cheap UNO and buy more, then hodl and coddle until the Big-O and beyond...

[smalltimer]

guys, i am around btctalk and the same people on all the good coins. All the uno people in all the coins that are candidates for longterm surviving or success. It's quite interesting. People in Uno have some taste for good altcoins that's for sure.

What in your opinion are these other good altcoins?

not as good as this one but coins that will likely be around for longer. Was reading the Joulecoin thread and many of the people in here appear on it too.

You read a shitcoin thread: you find some of the guys in here complain what a crap it is
You read a thread of a coin that's possible good investement for longterm: you find some of the guys in here talking on the thread about things

Finding people from uno in another altcoin seems to be an indicator for a decent coin is my personal impression. Kudos to the community.

[IMZ]

@ Benefactor: well done for keeping an eye out for V500.

@ Jelks: I shall answer a different question: are there different types of altcoins? Yes. Yes, there are!

The Basic Function of Cryptos is -- imho -- to store value. It's a no-brainer at this point: Unobtanium does that better than any other coin I can identify.

Why would Ian and I introduce Nxttycoin into the mix over at Un-Ex? Isn't that a bit rude? We don't think so. Nxtty is a little bit of high-falutin' tech. Fascinating. Would you put your kids' college funds in it? Say what? Never happen! It has 60% per annum inflation, no discernible marketing programme -- or any general community cohesion that I've noticed -- and it's (checks watch) about twenty minutes old.

So, 'good' is relative. A 'good' alt can be a money-storer, a tech experiment, an 'accelerator' of a culture (country coins or Doge or BDSM), or a 'sleeper' that you think will increase enormously in value later on.

m

[BitcoinNational]

Re: other coins

Smalltimer, your right I think almost every regular here has the ability to discover the good coins from the not so good ones.  The Jedi senses are sharp here, but mostly it's maturity and common sense in extra doses.  Still haven't found any that compete in the class of Uno.

I encourage everyone to seek out a couple other coins that they like too.  Watch them and even participate in helping them shape up into something.  In about 6-12 months we can compare notes and everyone will have tokens to trade  Then we discuss how an odd collection of coins can synergize with one super coin.
  

[smalltimer]

are there different types of altcoins? Yes. Yes, there are!

The Basic Function of Cryptos is -- imho -- to store value.

people around the forum are very focused on features and innovation and very often they miss the whole point of a coin to be medium of exchange and/or store of value
100% agree

they look for everything else but not for how or why the coin is an extraordinary good kind of money.
They are hyped about a roadmap which never becomes reality, a logo, a new algo, a new GUI but never look for no premine, fair framework, low inflation, sustainability and so on. Most people miss the point.

The good thing about uno is: it doesn't bleed like a pig all the time. What better 'innovative feature' can a coin have?  

So, 'good' is relative. A 'good' alt can be a money-storer, a tech experiment, an 'accelerator' of a culture (country coins or Doge or BDSM), or a 'sleeper' that you think will increase enormously in value later on.

+1

a 'good' coin per my definition is one that does not go to zero value in the near future and has some perspective to ROI

about BDSM/Fetish ... i feel a cryptsy listing and a little pump coming for that one  


@BN
make Uno the center of a Supercoin with useful and worthy coins collected from all over the altcoin world? Interesting idea.

On the other side i am not sure what benefits are to get from grouping coins to clusters. I am not sure if there are any at all. Merg mining coins can make sense to secure them but what else? I think that supernet-thing is hype and very unclear and blocknet is a scam or at least a very bad idea. The implementation of that will be a nightmare. I expect the whole thing to go downhill very fast. It already is a fail on my watch. Why glue coins to each other? Let them be individuals, or not?
Maybe i am missing something. I don't know.

What's the point of creating super coins? Does this not bring new risks? If a coin fails today it fails alone, not in groups. I think there are some risks to it and supercoins are still very, very experimental. Maybe you can show some other perspective on it? Why do you think supercoins are a good thing?

[BitcoinNational]

@ small ... supernet-thing has nothing to do with merging algos, think more a united kingdom of coins.  (or states if you prefer ... i dig the word common wealth personally).  Each independent and focused on individual case use/purpose ... uno is the juicy rare prime rib at a buffet of pretty good coins, the network social.   Newcomers come to the door looking for Un but delight in the discovery of many tasty side dishes. 

[IMZ]

@ BN: there is some essence of your idea that I agree with. 'Complementarity' The bottom line is that any association draws money into our coin

M

[smalltimer]

i think it's all about the question how exactly the coins should interact and what the dependencies are.

I like this minimalistic thing in uno. There is not much what can be exploited. That's a thing going for the security. That's what makes it good to be a moneytoken. It's also very much according to Zen. (look at Sia for more Zen, nice project too, still young but good thinking)
Think Feng Shui.
If you bring in bridges between coins there are potential new attack vectors created (see recent desaster with stellar).  

There is the risk of loosing that Zen character with too much hung at it just for the sake of making it bigger.

I think if you should attempt to make uno a supercoin it should be started from the minimalistic side and with very clear focus on security.

Uno could be a real powerful store of value and one should avoid anything that could negatively affect that. Uno should very much focus on being a secure store of value.

Instead of asking "how can we make it more important/big?" one could maybe be asking "how do we make it even more secure?"

I think uno can still improve on network security. Security should be priority if you want multimillion dollar in it for longterm. In case a supernet can help make uno even more secure and stable, then that's a good thing.

At this point people could start to treat uno a little bit like bitcoin: test new ideas on experimental coins first before implementing in the real thing, like extra careful. Investors of big money will like that trait too.  

(my 2 satoshi)

To make it short: uno supercoin is good if it helps the store of value aspect. If it undermines the store of value, then it will not be good. I think you might agree with that line too?

The supercoin needs to be very careful not to undermine the own security with too much bells and whistles.  

It's all about how and why things are done. If you do it: do it good.

Uno can be kind of a conservative coin too. And it would be the only one. Conservativism is not a thing you find in coins often. It can be a great strength of uno. (not too conservative of course)

[BitcoinNational]

Concept is simple and old fashion.  Let's use the example already mentioned ... Joule.

Long ago picking through the coin pile I noticed xjo and thought yeah sounds good.  Every once and a while I check its market and then the network. Things look better.  Next I move to skimming the thread.  Things community-wise look good.   Then I see knife is keen on it too, now I have confirmation that it probably is a good pick.  If you and knife both follow and recommend xjo then there is little need for me to track it but occasionally.  And I can put a couple of bucks into it with a degree of confidence.  I go scout for another good coin to focus on.  On the reverse the guys in xjo say hey who's this smalltimer and why does he like uno ... and so it goes .... the supercoin grows.      

M mentions 'Complementarity' ... and few can wrap their head around this ... in crypto there is plenty of room for many coins ... the old model of economics is scarcity and mortal combat ... I wager a new model is shaping up called abundance.  There can be coins that function only between 2 people or 2 billion people.  There can be a coin for every transactional niche you can dream of ... how many is that?  Now the kicker, there won't be more than 1000 coins ... NXT, BTSX signal the next platform but a different kettle of fish.  So the coins that are already functional, networks up and trading, stand a good chance of being something very big in 2-3 years.  Because the asset class lacks a coin like quality, and are more subject to 3rd party risks.      

[smalltimer]

Concept is simple and old fashion.  Let's use the example already mentioned ... Joule.

Long ago picking through the coin pile I noticed xjo and thought yeah sounds good.  Every once and a while I check its market and then the network. Things look better.  Next I move to skimming the thread.  Things community-wise & look good.   Then I see knife is keen on it too, now I have confirmation that it probably is a good pick.  If you and knife both follow and recommend xjo then there is little need for me to track it but occasionally.  And I can put a couple of bucks into it with a degree of confidence.  I go scout for another good coin to focus on.  On the reverse the guys in xjo say hey who's this smalltimer and why does he like uno ... and so it goes .... the supercoin grows.      

that's a good one

about joule: i was surprised to find a relatively good network too for a 6k$ cap. I don't know if i can go forward and move things. But i can certainly chat up the thread a bit and keep bumping it

uno already makes the impression of a central coin - the community makes that. Things are looking good here.

[IMZ]

Smaltimer, B.N. was too modest to mention another relevant fact. There is a wallop of talent in this community. So when other coiners cross the paths of crypto folk from here, and start checkin' Uno out, they not only see Uno's stats, they murmur, 'Gee, I have seen this guy before. And him. Gee -- him too !'

M

[smalltimer]

Smallminer, B.N. was too modest to mention another relevant fact. There is a wallop of talent in this community. So when other coiners cross the paths of crypto folk from here, and start checkin' Uno out, they not only see Uno's stats, they murmur, 'Gee, I have seen this guy before. And him. Gee -- him too !'

M

hehe. True. Eventually in the end everyone in altcoins ends up here more or less. 

[FallingKnife]

A little squeeze play going on at Cryptsy.

[julian071]

The buy order is mine. I should get together with that sell-order guy and cut a deal!

[BitcoinCharlie]

The buy order is mine. I should get together with that sell-order guy and cut a deal!

Welcome to UNO!

Hope your order fills..

What brings you to the UNO community?

[julian071]

The buy order is mine. I should get together with that sell-order guy and cut a deal!

Welcome to UNO!

Hope your order fills..

What brings you to the UNO community?

Thank you very much!!

Well, I believe in UNO as a good store of value. I'm relatively new to cryptocoins other then NLG which I have been mining since its very inception. I got into BTC recently and I started doing some daytrading because of its redicoulous price volatility, with UNO as the stable thing to trade with back and forth. I might save some kg's of it because I also believe it will be much more unobtainable and hence worth more in the (relatively distant) future.

Plus I like the community here, which Bitcoin Rush on youtube describes as 'fun loving'. I guess they ment this thread cause the German one is no fun at all =P