Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 197. (Read 1047017 times)

That is awesome news, BitcoinFX! Thank you for your support!  The more Uno nodes, the merrier.  Post a Uno tip address.

im happy to buy from anyone that is happy to sell.

i'll double my support pledge.

I don't see how openly discussing a small buy up of UNO can be considered manipulation?


I agree with this ^

I prefer a coin with a community that looks to openly accumulate rather than openly (or covertly) dumping.

A testnet, towards a better mainnet ... 

Herewith, 2 x UNO and Prototanium (PR) dedicated nodes.

addnode=45.32.32.237

- Tokyo, JP

addnode=45.32.244.201

- Sydney, AU

Full daemon for both wallets running at each IP. Cheers!

Ok, based on the discussion, I will withdraw my public support for the project.

Christ guys, its just a $100.  Just the tiniest blip in a (currently) $300k economy. Its a simple statement of confidence in Uno's future, not a Wolong-style game of deception. But if showing confidence is so dangerous, I'll just take it underground. I'm always ready to buy cheap Uno, funds permitting.

Instead, I will collude privately with my co-conspirators via PM.  Shh. It's a secret.

+1

Could not have said it better!

I am not sure of the logic of hesitation.  Teams of community members jointly work towards hitting a price objective, or streamlining smoother rates of capital gains, this is a negative thing?

Last I checked in the universe I once came from ... Teams of community members (aka the executive employees in the old corporate structure) would release to the public data ... namely numbers ... returns and projections ... and thus investors had track records and performance results to guild them in the investment process.  

This is no more than making informed market calls by means of open bids and pledges to best judge what price points can be achieved and maintained in a decentralized and voluntary manner.

If you are not for overt then you are for covert.  

This.

This is what I really feel as well.  But when I say it...

Not a big fan of the idea of "overt community based price management" to be honest. If this is a one time event you feel you have to do then go and vent some steam, have fun. I'm staying out and please lets not make this a regular thing ok? 

Yeah it is a great comfort, I was up all night worried about whether you were gonna sell or not. Thanks, Napoleon! 

"
Hi BCN,

The stigma is not so much my concern as the effectiveness of the effort.

As to your "How is it any different than board of directors agree that there needs to be some company stock buy-back (reduction of the float) and coordinating a price target?" example, big difference.

We are not a board, and there will be no "legal" reduction in the float, as in your example.  When a company does a buyback, the shares are removed from the "issued and outstanding" portion of the balance sheet, and moved to the "treasury (issued, but not outstanding) portion of the balance sheet.  It would be like, if we had the foundation running saying "OK, the Foundation has done a buyback of 25,000 UNO and we are keeping them off the market forever to increase the rarity by 10%"

The current discussion is more akin to several members of the board saying "you know, we own a lot of this stock already, the price is down, let's individually buy up as much as we can to make the price go up".  Now, this wouldn't be announced in the newspapers, but it would eventually show up on "insider trading" reports.

A third scenario is those board members going "OK, let's set up anonymous off-shore corporate entities and anonymously buy and sell stock of our own company to skirt regulatory reporting requirements, and manipulate the price where we want it to be so we can collect our bonuses, exercise our stock options etc...then we can dump it..."

So three different scenarios.  Your example looks like my scenario 1.  What is being discussed here is more like scenario 2.  It could also be seen as being more like scenario 3 if you guys wanted to hide your hands and make these purchases through new wallets.

My advocacy of discussing it in private is to encourage you not to tip your hand to those who bought at .0029, will be thrilled to dump on you at .004, and then go buy back at .0029 again.

So again, I recommend you discuss this privately.  Your cards are showing.

G

I think there is less stigma in overt community based price management than convert pumps.
How is it any different than board of directors agree that there needs to be some company stock buy-back (reduction of the float) and coordinating a price target?  Is this common place in public stocks ... Company A has targeted price X for end of Q2.

If anything it shows the strength of the community to manage value, and ought be an attraction to the passive investor who is willing to hold short term because the community has a reputation for hitting price objective goals.

So I would suggest to keep it on board in public view.

May I politely suggest that if ya'll are going to manipulate the market that you get a private (IRC) room to coordinate that?

I pledge not to sell into this, if that's any comfort.

Cheers,

A certain "g"

ive used cryptsy, bittrex & cryptopia - found cryptsy the best by far.

nowadays i dont really trade, just accumulate and hold. selling only when absolutely necessary/obvious gains



still having trouble with PR wallet - and OFFerings wallet.

Good question and good point.  I've really only traded on Cryptsy and Bittrex.  Maybe Bleutrade a couple times last year.

Z

I'm in for $100 as well. To eliminate opportunities for arbitrage, should we organize which individuals will purchase on which markets? Or, just use a free for all?

Since a certain g gave the un market a little kick, the price has been pointed downwards. Then the cryptsy lifeboat shake-up action loaded on sell pressure combined with losing most active market. Trudging along in the darkness trying to find capitulation.

Market watching wise, I love times like these. I know at the end of the day that a coin's fundamentals are what investors will look at to value coins, and UN's are still excellent. Rare issuance, low inflation, huge alt-hashrate running at 1/1000th of BTC's hashrate. No doubt smart investors will see that the price has hit bottom, combine that with the fundamentals and recognize this obvious buying opportunity.

I'm in for $100.

@zelig

Why not just call a support line?
We can move it up after X days.
Conservatives stuff but just stacking walls.

The top has already crossed .004, and the baseline support might slowly step up to .00399999 by 26 Feb.


A natural pump is already starting to form, my guess would be that ask bids get lighter thus pushing the spot up takes less and less btc, if you rather have a team that charges forward you could do that, but there will be some fall back, so I suggest it is wise to have a 2nd solid wall that doesn't collapse at least all the way up to .00999999 and that the turtles take several months to get to that point, the rabbits can rush up fast, but the goal of the turtles is always have solid btc reserves and the baseline support.

I think any asset that has gone up 800%+ over a few weeks is a high risk investment obviously. That's hardly something a Bitcoiner can mock though, as BTC has done that many times over now.

Personally I am interested in and have held and traded ETH because I see potential there. I currently hold no position because I expect a little more pullback and consolidation, but I wouldn't even be surprised if it first goes up again before that happens. It really is one of the few contenders that might have a legitimate shot at growing to Bitcoin levels of popularity over time, mostly due to its technology but also due to its popularity (one of the few "altcoin projects" discussed in mainstream media). So while its current price surge might just be a huge pump and dump, it is in many ways deserving of its current #2 position in marketcap IMO.

Back on topic: Good to see some price action and volume in UNO. First time lately that an upwards action in price has stuck and not immediatly been dumped back down. Several long term indicators have started pointing back up again for the first time in over a year now, maybe all the weak hands have finally been bored out of their minds waiting for the UNO reversal and shaken out.