I was in some large margin trades on Bitfinex. It looks like the hack was at least $60,000,000 worth of bitcoin. Oh well, I will continue to forge ahead.
Damn, Prayers go out to your wallet, I hope for the best. Hopefully you are not affected. 
Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 128. (Read 1047081 times)
August 02, 2016, 07:38:41 PM
August 02, 2016, 07:23:14 PM
Oh shit btc got GOXED again??
http://www.zerohedge.com/news/2016-08-02/bitcoin-crashes-after-exchange-admits-security-breach
https://www.cryptocoinsnews.com/bitcoins-price-plummets-125k-bitcoins-may-stolen-bitfinex/
I can't help but wonder how many times these 'hacks' are nothing more than someone leaving something unsecured for their buddy to swoop in and hack things.
Which exchanges haven't been hacked yet? Just a matter of time.
http://www.zerohedge.com/news/2016-08-02/bitcoin-crashes-after-exchange-admits-security-breach
https://www.cryptocoinsnews.com/bitcoins-price-plummets-125k-bitcoins-may-stolen-bitfinex/
I can't help but wonder how many times these 'hacks' are nothing more than someone leaving something unsecured for their buddy to swoop in and hack things.
Which exchanges haven't been hacked yet? Just a matter of time.
August 02, 2016, 06:06:29 PM
I was in some large margin trades on Bitfinex. It looks like the hack was at least $60,000,000 worth of bitcoin. Oh well, I will continue to forge ahead.
August 02, 2016, 04:56:20 PM
Oh Shit boYS! Bitfinex hacked, BTC PRICE DOWN, You know what that means? CHEAP UNO if you are holding FIAT. :DD
August 01, 2016, 01:56:30 PM
August 01, 2016, 06:49:12 AM
nice additions
https://www.cryptopia.co.nz/Exchange?market=SC_UNO sia data storage
https://www.cryptopia.co.nz/Exchange?market=ETC_UNO anyone picked up cheap classic it's up 240% might be nice if you stored some of the gains
https://www.cryptopia.co.nz/Exchange?market=EXP_UNO
https://www.cryptopia.co.nz/Exchange?market=SC_UNO sia data storage
https://www.cryptopia.co.nz/Exchange?market=ETC_UNO anyone picked up cheap classic it's up 240% might be nice if you stored some of the gains
https://www.cryptopia.co.nz/Exchange?market=EXP_UNO
July 31, 2016, 01:03:52 PM
Don't forget to post/crosspost over at Cryptocointalk.com and Reddit.
Your help would be appreciated.
Your help would be appreciated.
July 30, 2016, 12:52:59 PM
July has never been very good to UNO. Summer outdoor activities occupy the time of us Northern Hemispherians.
i like the precedence.
UNO is a gentleman's coin (ladies you are free to join).
it is idle is Northern Hemispherians months of summer.
over-watched by the Southern Hemispherians.
has annual market cycles, timed; like clock work, or sun-dials.
and has null inflation to exspeculate, just a growing base pair volume.
UNO is the ultimate long cycle traders cash pool.
rake in profits between St. Valentine (perfectly mid-Feb) to Fat Tuesday.
build your war chest in the days between
watch the dollar chart https://www.coingecko.com/en/coins/unobtanium
buy when down too sharp
sell when up too sharp
---
@Z
Happy Friday back at ya!
@King
welcome to le'Club
but you need 56kg to match with your nickname@UNOverse
relax & cheers to all
July 30, 2016, 11:42:41 AM
Ayy, hit my first milestone thanks to this dump, now have 50 UNO. Keep this up you guys. 
July 30, 2016, 12:53:49 AM
July has never been very good to UNO. Summer outdoor activities occupy the time of us Northern Hemispherians.
Concur.
Happy Friday UNOverse. Aside from the doldrums, I'm beat. Spent 5 plus hours on the road today in SF Bay Area traffic. Attended a retirement ceremony for an old friend and then, checked out location of possible job... 43 miles from my house through the heart of the San Francisco Bay Area... there was an accident on the Bay Bridge and it took me about an hour just to cross the bridge. Coming home, I was caught in more traffic.
Hope everyone is doing better than me. UNO will prevail.
Z
P.S. I recall this time last year BTC was in the 200's.
July 29, 2016, 10:15:58 PM
There is a big, big shakeout under way.
That last whale that dumped 6000 Uno, and then Gekko's dump of (I don't know...) 4K? has taken out a lot of the buy depth. Add to that the 15,000 Uno from Cryptsy that might hit the market in August, and the fact that we are in the doldrum month of July, and factor in the rising BTC price, and we find ourselves in a UNO bear market.
That last whale that dumped 6000 Uno, and then Gekko's dump of (I don't know...) 4K? has taken out a lot of the buy depth. Add to that the 15,000 Uno from Cryptsy that might hit the market in August, and the fact that we are in the doldrum month of July, and factor in the rising BTC price, and we find ourselves in a UNO bear market.
Indeed. Although I think many new members see this bear as a good opportunity and a good way to teach and give new people unobtanium without hurting the pockets too much. I already gave a couple people i know a UNO each to hold for eternity, That's 2 uno out of that rat race at bittrex.
Also, maybe it is good in that we could advertise the price crash, as some people say all publicity is good publicity, as long as people hear about you.
July 29, 2016, 09:19:12 PM
There is a big, big shakeout under way.
That last whale that dumped 6000 Uno, and then Gekko's dump of (I don't know...) 4K? has taken out a lot of the buy depth. Add to that the 15,000 Uno from Cryptsy that might hit the market in August, and the fact that we are in the doldrum month of July, and factor in the rising BTC price, and we find ourselves in a UNO bear market.
That last whale that dumped 6000 Uno, and then Gekko's dump of (I don't know...) 4K? has taken out a lot of the buy depth. Add to that the 15,000 Uno from Cryptsy that might hit the market in August, and the fact that we are in the doldrum month of July, and factor in the rising BTC price, and we find ourselves in a UNO bear market.
July 29, 2016, 08:43:28 PM
July has never been very good to UNO. Summer outdoor activities occupy the time of us Northern Hemispherians.
i told , we need new movie avatar with unobtanium . People will buy more uno and hope will hold it
July 29, 2016, 05:52:04 PM
July has never been very good to UNO. Summer outdoor activities occupy the time of us Northern Hemispherians.
July 29, 2016, 03:37:03 PM
Get that price down a bit more so we can scoop it back up to $2.
Just got back from vacation and came here to say the same thing.
July 29, 2016, 09:01:52 AM
Get that price down a bit more so we can scoop it back up to $2.
July 27, 2016, 11:01:59 AM
The latest word on the 15K Cryptsy UNO wallet, received today from my legal contact in the office of the court conservator:
"I apologize for the delayed response. Still mulling the options, but we should have a recommendation and formal motion filed (my estimate) in mid to late August. It may make sense for you to reach back to me early next month. Thanks."
There you have it.
"I apologize for the delayed response. Still mulling the options, but we should have a recommendation and formal motion filed (my estimate) in mid to late August. It may make sense for you to reach back to me early next month. Thanks."
There you have it.
perhaps a high level solution
http://genesistrading.com/trading-with-genesis/
July 26, 2016, 06:19:55 PM
Unobtanium has been upgraded by kryptodoog from a Sell rating to a Neutral rating
July 26, 2016, 08:19:07 AM
of interest:
1. store value in UNO
2. shapeshift via XMR/UNO pair
3. mix at https://xmr.to/
4. pay anywhere accepting BTC
---
look what just washed up .. a whale dump?
well well ... we get the head you all get the tail ;[
(whale harvesting is a little Grizzly)
1. store value in UNO
2. shapeshift via XMR/UNO pair
3. mix at https://xmr.to/
4. pay anywhere accepting BTC
---
look what just washed up .. a whale dump?
well well ... we get the head you all get the tail ;[
(whale harvesting is a little Grizzly)
July 26, 2016, 01:51:56 AM
Firstly you seem to assume that I am expecting other crypto-currencies to become some immense power, replacing the current financial systems, well, I am afraid I do not. I think crypto is a fascinating technology, which will have a place in the future but I do not think it is going to replace fiat currency in my or my children's lifetime.
Secondly you may well be right about the past for Bitcoin, but that is not the situation TODAY, and the situation TODAY is what faces Unobtanium. Today there is little to no reason to use Uno over BTC in any real-world scenario. Indeed it is practically impossible to use Uno without also using BTC.
I wouldn't disagree with those two statements. I suppose i am a bit more cynical than most crypto enthusiast. I highly doubt and am fairly confident that if any type of crypto does replace fiat it will not be ANY of the cryptos we know today. No central banking authority can afford to give up control like that. The technology will be used and perverted by them into a stricter form of control.
I don't think we are contesting what Btc is doing. Btc is fine being btc. We don't need to, nor should we be looking to replace it. That is silly. Of course then why would someone use btc to buy uno to then buy what they want when they could just go straight from btc to desired item.
Why would anyone buy btc when they can go straight from fiat to desired item?
How do we then carve out a greater niche for Uno to make it stand out among the sea of alt clones. That is the million dollar question. It is fine for what it is but i can't help to think that the same reason some people love it, lots of stagnant top wallets, is the same reason people keep the fuck away from it.
In all honesty, if any one of us found the community today, what would be our motivation to buy into it? Spend a bitcoin so in a year it can turn into maybe 1.2 btc or maybe .8 btc. Sadly most people are coming into crypto to go to the moon. Moon shooting isn't really possible with Uno. Combine the stagnation with almost 10% of the coins supply being tied up in some bullshit legal matter, the picture becomes even more grim.
The fundamentals certainly exist for Uno to succeed but we really really really need someone with a ton of disposable income to back Uno to get it to ltc or doge level of acceptance. Still though, why even go ltc or doge and not just stick with btc? There is nothing exclusive about any coin really, everyone is just hedging bets trying to reap the early adopter rewards.
Let us assume Uno was designed for holding. What happens when all the Unos are mined and they are all being held?
If Uno crashes, is it that bad? A mass exodus might be what someone who is watching the coin is waiting for? The barrier for entry is a bit too much now for any whale to want to come in. I think the next big event in our community will be the fate of those +/-15k uno being held up right now. Legal matters can take years though.
So what is it that people want? What is the rush? We are we headed? With functionality and adoption comes demand. With demand comes an increase in value. Without functionality there is no need for adoption and there will be no demand and there will be no value.
Good post, I agree with most of it.
Re. The bit I bolded, I think there are a number of scenarios why one might want/choose to use a crypto of some sort, rather than fiat directly - e.g. international payments, where exchange and payment costs are (proportionately) very high; micro payments where fiat currency is fundamentally unsuited and I expect there are others but they are not obvious to me.
My general scepticism comes from the fact that by themselves those don't seem to really be enough so there need to be other use cases to drive adoption.
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