Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 233. (Read 1047081 times)

@Nat

I have seen that as well. I believe people conclude that it is far better to lose 5% than 100%.

Hopefully, they will realise $UNO's low inflationary store of value nature and become HODLrs and accumulators.

I've made back 20% of my big November 6th poker losses over the last month. I'm also finally getting paid for the research I'm doing (Building DNA to research brain and eye diseases), so I'll be adding my buying power back into the UNO markets soon.

An interesting dynamic has developed between the Cryptsy and Bittrex exchanges due to the growing use of Unobtanium as an escape vessel. There is replenishing buy power at Cryptsy from 0.004-0.0042 then selling down to 0.0038 on Bittrex. It seems that some people are accepting a 5% loss to escape Cryptsy. I just checked the numbers though and only about 35% of the coins that have left Cryptsy since November 22nd have moved to Bittrex, with almost none going to Bleutrade and Cryptopia (Cryptsy -3,000, Bittrex +1,000). So either some of the Cryptsy refugees have decided to hold UNO or most of that is UNO supporters continuing their accumulation. It's hard to arbitrage the price difference between exchanges since none of us want bitcoin on Cryptsy right now, but we can still take advantage of the lower prices on Bittrex by buying there. Arbitrage may be possible by buying UNO on Bittrex, selling on Cryptsy then using DOGE to withdraw, but it may not be worth it and I think the Cryptsy DOGE price is also inflated.

Happy Saturday everyone, keep up the good work.

Edit: 1kg sent to Cryptapus for the contest, congrats. https://chainz.cryptoid.info/uno/tx.dws?876809.htm

@Z
Praise "BOB"

Buy orders are building up from the 0.002s.  Bitcoin rally may cause dump action into some of these levels.  $UNO has inflation under control AND the ability to be withdrawn from Cryptsy quickly?!  I want to go all in, but I'll stick to smaller periodic buys for now.    

I wanted to withdraw some of my MZC from Cryptsy last Friday, but the wallet was in "maintenance".  Just checked, and the MZC wallet is in "maintenance'.  

Z




















78
 

A few months ago I announced a 1 UNO giveaway to whoever could guess the price most accurately at a mystery time in December.

https://www.reddit.com/r/Unobtanium/comments/3kly31/brain_wallet_phrase_worth_1kg_awarded_to_whoever/

Well, that time was the halving. The winner is... Cryptapus with a guess of 0.005. Gekko463 was closer, and jonnyfram closest, unfortunately they both placed their guesses after the submission closing time. Congrats Cryptapus, I will send you your kilogram soon.

I think there's a strong possibility someone wanting to withdraw quickly from cryptsy will snap up the low hanging UN. As an aside the Megawallet broke 13% (25,433).

1.1 PH on UNO, and that could easily double or triple up with a price spike. From $10-20 a piece it could easily be at 3 PH, and from $20 if it jumped to $50-60 a piece I think it's no far stretch to see 15-30 some PH thrown onto the chain.

Exciting! Currently about 150~ UNO thrown right to the tops of the book at Cryptsy. Ooh, I wish I had some spare BTC to get 100 kilos right now.

RE: cryptsy

withdrew UNO 10kg (quick no issues) ... use UN 2 exit  


RE: Hash Rate

uno = 001 PH/s
btc = 536 PH/s  

well 1:500 may not seem like much it still makes UNO amongst the strongest hash protected networks ever.
it maths out to $10,776,526 if UNO achieves equivalent ratio in market capital ... not bad ... same tech, same net, less inflation, and x30 undervalue (at a minimum).

srry, does someone have the link for the wallet.  I still havent fixed mine 0.9.5

nevermind found it



updated very nicely and safely deposited some off of bittrex

Great work on that chart, BN.  Un Cycle 09 has begun.

re cryptsy: so sad to see this play out. I've been a long time user and their Uno market has been great. But one can't ignore the rising frustration on display every day now:
https://twitter.com/search?q=Cryptsy&src=typd

Hoping for the best for those with assets stuck there. Would like to see Cryptsy pull through and regain everyone's trust.

Happy halving.

The blocks are suddenly coming through really quickly. Every 1 minute the past 5-6 blocks.

Happy Half Day

Inflation Rate :: 3.5 Uno / day

(looks like my calculation was a few days off ... but did it back in 2014 if i recall correct ... so the network has proven consistent smooth production rate ... note coins like Peer have lockedup so the Uno preformance record is worthy of accolade)

_{(( only 4 years until 0.0001 sustain blocks which makes the current 0.0078 look BIG ... just 781kg to be produced in this new era))}


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also super awesome to see UNO being used to move funds out of cryptsy ... even if you're just buying UNO to exit perhaps you'll discover the value of a low inflation high hash powered POW, easy use store of value.

Happy Unobtanium Halving Day!

Hello block 700,000, right on time!



A mere 3.5 Uno produced each day now.  There are still about 54,000 Uno remaining to be mined, over the next 300 years.

I'm glad you are finding coins to buy, eddie13. 
Uno has held its value very well against USD, around $1.50, though its losing ground to BTC currently. I have watched it play out both ways over the years. Sometimes it locks to USD (like now) and other times if USD is gaining on BTC, we ride UNO to more Bitcoin. 
People who are BTC rich right now can find a bargain in UNO, but the downside is that new money tends to stay on the side.

By some miracle I was able to scoop 40+ UNO up on cryptsy at 412 and they all sold on trex last night at 429...

Miracle I say..

UNO is a great coin..

My cryptsy account was locked 2 months ago, when i want to buy some UNO. SInce this day i am not cryptsy customer anymore. They have no reason to doing this.

I had Bitcoin withdrawal problems weeks ago at Cryptsy, after a couple days I gave up waiting and converted to Uno. Uno withdrawal went through good. Its signs something is seriously wrong at Cryptsy. Time will tell, it always does.

It is locked down for everyone, they are locking accounts without notifying their users.  

I'm not aware of any new rumors, but for the last few weeks there has been daily discussion in Cryptsy chat about using altcoins to withdraw. There have been many mentions of UNO specifically, I believe that's mostly why we've seen more sell pressure on Bittrex. It's sort of a pleasant boost to our efforts to reduce the mega wallet. Sure, I'd rather have them in personal wallets than exchanges, but not all of the coins that leave Cryptsy are going to other exchanges, and for those that do, Bittrex at least seems safer than Cryptsy. Even if Bittrex isn't safer, the diversification is good.