Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 525. (Read 1047042 times)

 
Not much UNO being sold below ~0.008 for the last few days and a lot of buying around this level.  I know I've been buying this week and I'm looking to maybe buy next week with lower BTC price.  Monthly 10 UNO buy was made and then some.  Been lurkin' and berserkin'.  

@ Core-tanium:

we're going to work it out together, B.N. The fiat part -- the 'liquidity engine' -- gets its first trial next week.

The Bitcoin buy-support part? It doesn't have to be formalised. (The bullion and Uno that back DVC have to be formally Verified. That's different.)

The important thing to understand is that this is part of 'The Mall' -- a community 'mechanism' that shows that we are way way bigger than 'just' a currency. So, to begin, we could do it as pledges.

Give me a month. Then, as a trial, I'll post a Btc address that contains (always at least) .5 Btc. That .5 sits there until Something Happens, and we all spontaneously call out, 'Buy support!!'

Again, B.N., it's about public perception, about demonstrating that this community has much bigger plans.

m

I went crazy one long drunken night buying UNO (Crazy for me, I mean).  I think it was the 29th or 30th.  I sold back a little less than half of that night's purchases over the next week at a nice, albeit small, profit.  My goal that night had been to lower my cost average.  But, you know - at the moment, I don't want to sell any UNO.  In fact, I wish I didn't make those sells!  Still, I'm just sitting here this evening looking at my excel spreadsheet thinking - I heart UNO.  

Z

re: Why mine UNO?

1. The UNOaux chain would offer you good range of coins to either hold or sell.  
2. The future value of the UNO you mine will be significantly worth more in the future.
3. It might be better to mine BTC and use the revenue to buy UNO, multipool method, check coinwarz to know more.
4. 1 TH/s added to the UNO network gives you about a 3% share on the rewards, on BTC 0.00000001% share.

re: coretanium / bitcoin reserves






1. Keen on the multi-sig idea, but know only that btc has the function.  How to make it work?
2. Yes to $reserves also.  Prefer cash reserves as the bulk reserve.

BTC is headed to $200 (without doubt) When? Don't know, tomorrow or mid-March.
But it will test below $200 ... that's a goodtime to stack some BTC earmarked to defend value in bear UNO markets.

Conceptually core-tanium should be positioned to buy-IN if UNO enters 30-60-90 day move average lows.  Or it is just one big lump that goes all in at X-price.  ie ... UNO has a rock bottom 'par' value ... the core-tanium reserve.

re:NuBits

UN-ex is well on the way to offer a similar product.  (Likely better)  Why?  Nubits are controlled by CCEDK exchange, UNO is traded on +5 exchanges.  I still do not know what network the nubit is on (just a sidechain of BTC?).  But the Nubit model does not seem much different than the DVC.  The pattern is out there ... basically coinA is the enterprise (takes the risk gets the reward) and coinB is the fixed/stable value.  I would say UNO is coinA is the enterprise coin (free to go up up up).  

why would I point my 1k+ terrahash at uno? for what reason would that make sense?

I agree with this approach.  UNO is asking other coins to take action that UNO itself is willing to take if it means adding value, survival, and long term success.

Is mining UNO currently profitable?

A bit of good news, the Cryptsy wallet got drained of another 800 or so $UNO

47,323.2 UNO   24.51 %

+9

---
Let's table the fork/AuxPOW into BTC.  (My hope is that we have +1 year before it needs to be addressed)
Let's get the AuxPOW into UNO first.

I think the offer to other coins will be:
1. You fork in the code (we help) [we create plug-n-play AuxPOW into UNO]
2. If our association of coins still is drawing too little Hash, then UNO will fork into Aux with BTC.  

Does that not make all players now too Linked-In with the Monster Hash Network?

Don't take a loss.  Sell higher than your buy plus commission, plus at least a little extra.  (I'm sure you know this, but I just wanted to say it out loud for some reason.)

A tip o'the hat to you, Sir!

I'm not Mr. 688, but I bought up enough $UNO to hit the daily minimum...

@ Gustav: my thought, though, is to semi-formalise the practice as an aspect of 'The Mall.' It works the same way as the liquidity engine will. Investors and others can see a plan of action.

Cragv and I are going to put the Australian liquidity engine into motion (in a tiny way) next week.

m

have to correct on TA. We bounced from 255$ of course.

@IMZ on the link: yes, always have something on the side. 'Always keep some in every basket'. Can't go all-in on a thing especially not on a cryptocoin. Potato-traders need to be factored in.

.25 Btc-to-Uno me on Bittrex today

Will sell a few too

Hey guys, Bittrex could use some attention.

There's good orders on the buy side, but a very weak sell side.  

Doesn't anybody want to sell a little UNO??  Man alive, this not a problem very many cryptos face:  too many buyers, not enough sellers.  
It's a uniquely Unobtanium problem.

Anyway, if you could spare a few to sell on Bittrex, we could really use it.

How about it "Mr. 688 Uno Wallet?" Can you take a little profit here?

@ Gustav: thanks for the TA. It helps noobies like me.

And "I have a dream of a 5 or 10 bitcoin buywall a decent bit below marketlevel. One can dream  Smiley
If everyone chucks in 0.5 btc at the high 6s or low 7s we would look pretty good. Not in a rush at all."

Check this:

http://indiamikezulu.com.au/491/coretanium/

m

TA on bitcoin:

All support has been borken aswell as the longterm growth-trend. Now it dumps.

From the perspective of pure technical analysis the next supportlevel for bitcoin is in the 80$ to 120$ -range

The bearmarket is after 1 full year still very much intact and seems to accelerate.

I think in case it sells off a little bigger (which is entirely possible) it should be considered to be an altcoin - and we actually know where it went wrong and uno provides a very real solution.

I have been bullish for btc for a long time but had to turn extremely bearish as we broke through the 320$ - level

@IMZ nice picture.

" the Uno community knows how to disagree without being, well, you know."

Twenty-seven years in libertarian politics and theory, me; and I have been watching anxiously. This is just the moment at which a lesser community would have . . . well, you know.

@ Bitcoin Charlie: I analysed Mazacoin on Day One (It was perhaps the very first overtly political coin . . . ) PM me for an analysis. But I will set up comms this morning.

@ Gustav: my (modest) buy-Uno programme is comin' on line. .5 Btc yesterday. .5 today. Hopefully $100 AU a fortnight from now on.

From the bench in the garden:

@Bitcoincharlie, I posted earlier (way back there somewhere) that Bryce emailed me saying he thought the idea of AuthPow/Btc has merit. He had already given it some thought. He has experience doing this with his Blake256 coin Dirac.
He would like to hear what Blazr2 is thinking before proceeding.

Meanwhile, I'm extremely pleased and excited to see all of the constructive talk here.  This has turned into a wonderful educational opportunity for all of us.
If you don't agree with me, I'm totally fine with that. We can continue the discussion, and vet the idea. Maybe a better way will surface.

If you guys want to move ahead with contacting other devs to merge mine against Uno, go for it. I won't take the lead on it as I've already walked down that road without success, but neither will try to stop you. Maybe you'll fare better than I did. I'll try to help by leaving my previously mentioned bounty on the table.  I just have come to believe that AuthPow/Btc is the best option I've seen so far, but my mind is still open.

But I have to say, your interest and concern blow me away. You have taken ownership of Uno! It's YOUR coin.  That's so cool.  The worst thing that could have happened is to have this dicusion, but nobody cares.  I knew that wouldn't happen, though. I'm also very pleased the tone of the the discussion; the Uno community knows how to disagree without being, well, you know.

Btw, mazacoin was mentioned: I had not reached out to them.
My guess is that (whatever coin community you reach out to) you'll probably be met with a little bit of indignation and the suggestion that Uno should MM with them.