Topic: Positive outlooks for Unobtanium (promotional summary for quick education) (Read 1181 times)

True, but it is important to note that the $UNO community is chipping away at that wallet to decrease its size...

This is still good stuff. The distribution curve may appear more consolidated today because of Cryptsy. Since this was written, the Cryptsy established a long term storage wallet, which now skews the distro graph as the largest wallet. But if you allow for it, Uno is still a fairly distributed material.

Bump

to the moon!

Great read!!! 

updated

Sick of whales and multipools dumping on you?
Sick of hidden coins in the code, hidden premine, flashmine, instamine, fud?
Sick of holding a coin with no hashrate that is being delisted from exchanges?
Sick of bugs in the code?
Sick of the fast changes of fads?
Sick of chasing fads from countrycoins to pos-coins to anon-coins to the next shortlived thing?
Sick of devs running away?

Unobtanium is different.
Unobtanium is a solid coin for the longterm-thinker. It will be there for a long time. It has a layout for hundreds of years and it is less experimental than most other stuff.

The supply is capped to 250k but we won't see that number in our lifetimes. Right now 188k exist with 1k being added per month for the next 2 months. After that it will be 450 new coins a month (only 15 new coins per day). So that inflation is really low making holding this coin for the longterm a pleasure. Sellpressure from miners is going to be minimal in the future. And this is pure pow - high hashrate, low inflation. No coin-dilution of 1% to 100% additional per year through pos-interest.
Unobtanium is as scarce as possible in any way (low number of coins with lowest possible inflation while striking a very healthy balance between interest of miners and interest of investors). In 1 or 2 years from now Un will be very close to zero inflation.

We have seen some coins halving reward too fast, they died because people stoped mining it and distribution was also not fair. Other coins have been halving too late or not halving at all. Their network is still going but people don't want to invest into an inflationary coin. So in Unobtanium you'll find a very good balance and the nature of the coin attracts investors aswell as miners. This fact makes it a healthy coin.
Unobtanium was layed out from the start to be a long term plan. No bite and switch, no sad bagholders.

The community is also pretty nice i think - you'll have to check it out for yourself. I found the general mood in the thread to be constructive. I think that's a good sign. There is no need to make any pressure. Things develop at their own pace. There is always some progess. All is done in a voluntary fashion. We do things because we know they make sense and we have fun doing them. We like building it.
Uno is here to stay and you can always go there if you are sick of all the scams. It is a real store of wealth. No tricks and bad surprises. Extremely fair coin if you read up on the history. You'll find one thread in the ann-section and one thread in this section if you want to read up on it.

Take a look at the distribution compared to some random other coins (blue: Top 10 / Red: Top 100 / yellow: top 1000 / green: others):


how did Un achieve such a relatively good distribution?
Well, look at the curve for coincreation:


this curve was constructed by the dev to have the best possible outcome for the coin and NOT with personal quick gain in mind. There was no premine and no flashmine. It is an altruistic, intelligent and rooted coin and that is why you will come to love it. All the important points are there.

Halving of reward happens approx every 200 days which is not too long and not too quick.
This curve stands every criticism and i won't compare it to other coins here for obvious reasons. Do your own research on that topic. You'll very likely come to the same conclusion: Uno has one of the fairest distributions possible.

As a result the community is very healthy and aware of the fact that it is up to them to promote the coin and look for developing services and so on.
The community is active and taking care of adding services and new exchanges aswell as promoting it. It is no vapourware. There are lots of longterm-holders who intend to give this coin more and more value over time through building said services and reputation.
Currently we are looking to be added to bittrex. The Unobtanium cryptographic dreammaterial is already being traded at cryptsy and mintpal aswell as a number of smaller exchanges. The community aims for Unobtanium being available on all important exchanges and generally at as many exchanges as possible. That will not change. A new altcoin-exchange comes along that can develop some traction? Uno will very likely be traded there sooner or later.

Unobtanium will have its 1-year-anniversary soon. And i am pretty sure we will be celebrating the 2nd and 3rd year and many more years after that aswell. So, yes you can turn off your computer for 2 weeks and when you turn it on again Uno is still there, no worries.

And as a little bonus-information for people reading this all the way through and looking to get involved first time: a lot of stolen coins from coinex have been dumped on the uno-market over the past 3 to 4 months which also explains why it didn't rise a lot. So these coins are pretty cheap right now (details in the thread).
You'll find in the community many hardcore 'hodlers' like myself and others which also explains why the coin wasn't dumped to the abyss during the last months with up to 10% of supply or even more dumped on us from a thief over last few months. He should mostly be out now. Put it short: the price of that coin was artifically kept low over last few months by selling of incredible amounts of stolen coins from coinex. That is the past now. Sellingpressure on Un will decline drastically over next few weeks and months.

This thread is also an anomaly because it appears when price is low and you can board the train on ground-level - i didn't make this thread when price is high. Think about that.
 
Having a community of strong hands is something you want. You have that with Uno. You don't need to trade it like a hot potato like it is with many other coins. You can forget about your Unobtanium on an old harddrive and find it years later and you'll be very likely a happy man (or woman)

Check out Unobtanium if you haven't already. I bet it is still under the radar of many of you. Buy it when it is cheap - avoid buying on the top
Why not buy something worthwhile for a little change?

Unobtanium was intended as a real store of wealth as its primary function. That's why it can focus on security and does not need to compete so hard with all the currencies since it is a true commodity (measured in kg not coins). New features are nice, but security is more important. Unobtanium is aware of that. No halve baked experiments with our money. The main focus of Un is on being a reliable store for your wealth. I think it can hold that promise.

Promovideo:
https://www.facebook.com/photo.php?v=409247319213730&set=vb.402101039928358&type=2&theater

there would be a lot more positive things to say about Unobtanium. Go discover it for yourself. Currently active thread: https://bitcointalksearch.org/topic/uno-unobtanium-info-discussion-hardfork-block-1042000-merge-mine-wbtc-527500

(sorry for grammar and other errors)