Does anyone else miss the trusted traders exchange, Un-Ex?
No.
You should be able to hate me and still trade with me.
Off market dealing distorts the true economic value of the coin. If I think it is a piece of shit, the knowledge of my disgust needs to be reflected in the market price. Contrarily, if I have insider information that Fidelity or Magellen has decided to corner the market in UNO and tag index based mutual fund shares to each coin and benefit from the strong hash and distribution, my joy should be reflected in the free open market price.
Insider dealing distorts market prices. If I know something you do not know, I can dump overpriced assets on your stupid self, get away clean, leaving you and only you holding a big bag of shit, and the general market will never know what I know. Then they are holding big bags of shit because the news, never being reflected in the free open market price, never got delivered. So the public price is now wrong.
Free public market pricing mechanisms is an information distribution machine. Insider trading venues hide market knowledge.
When insider dealing markets exist, corruption flourishes.
FK, you and any other idiots calling for insider trading to shield the public from good or bad news is hereby banished to Economics 101 kindergarten.
I hear if this again, I dump again.
Stop it. Free fucking public markets. Stop trying to encourage insider corruption and the distortion of information transmission through the public pricing mechanism.
If there is a UNO market I can't trade in because one faggot is butt hurt about something I wrote, the market price means nothing to anyone ever. It will always be a fake price, because it does not contain every shred of buy/sell intelligence.
Seriously. Get a goddamned book on freshman economics and never, ever mention insider trading again aprapos this market. Nothing is slimier or more corrupt. Just stop it. Get an economics ELI5 guide. The importance of market transparency is on the first page.
You apply the term insider trading but there is no "free public market" like the stock exchange. At least that is the ONLY thing that comes to mind in all your bitching, what exactly is this free public market you speak of? You know martha fucking stewart got pinched for insider trading. It happens. You know nothing about technology, couldn't figure out how to get the wallet running, but some how we are supposed to trust that you are a wealth of knowledge and information on free markets and trading? Remove your head from your ass. I don't understand what the issue is. Can people not trade things among one another off the public ledger... oh but wait there is a public ledger, so you can see who owns the coins. You just never know if i sold them to someone else for half the price because i like them more than you? Is that what was upsetting you?
I don't think anyone was trying to collude on the un-exchange. The name alone represented that it was just something counter to all the privately run exchanges that exist to make bank off your coin. What ever. No one wanted to play with you. Do you need a safe space in which you can hug it out? Get offended, get the fuck over it, move on with life. It doesn't make it a bad thing because no one liked you enough to want to include you. Cry manipulation all you want but you played the doge market, or so you claim, which was hugely manipulated, like wtf is going on here. My heard hurts. You are upset because some people were getting discounts for who they were instead of what they were doing? It is okay to feel that way. Still though, get the fuck over it. There are only three paths. You either believe in Uno, believe you can cash in on Uno, or don't think it is worth it. Ya obviously are taking one of the first two, and i don't think it is the first.
Classic sign of a sociopath, takes some type of perceived slight and runs with it as a license for genocide. Since i can't trade on your exchange i will smear it and make it so no one can, HA! It was someone's privately run establishment and some jerk wanted membership but was denied. Then said person continues to provide evidence time after time about what a good choice excluding that person was.
Why would fidelity or vanguard or any of those run the risk in investing in any alt coin like Uno? There is no platform, there is no marketable good? Bundled debt has the caveat of being paid back at more than what was borrowed. So people can bundle that and sell it to other people who don't mind waiting for X amount of years for the debts to become good. Even something illogical like buying DEBT, you can sort of follow why people would still trade it. Why take risks in alt coin markets? What is being built on the back of Uno's awesome network that would pique the interest of someone at one of these investment firms?
Personally i don't mind the drama. It keeps the page fresh and might encourage more lurking.
All exchanges of Uno from this point forward shall now take place on the free public market exchanges that are privately owned by either cryptsy or bittrex. Perhaps he is just a shill for one of the exchange companies lol. That is all it is about, like the feds and their taxes, the exchanges are getting creative now to make sure they get their part lol.
The small portion of coins being traded on Un-ex represented very little of the market. The larger issue, still, is the cryptsy megawallet. The links on the main Uno page to a spreadsheet based exchange, okay, those are better buried. Having it here on a free public forum of discussion, shouldn't be an issue, but since someone couldn't play, no one could. That is what ever. To hide behind the shallow argument of bullshit? Meh. The internet really is a magical place.