Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 588. (Read 1047203 times)

quite right. Maybe i should hold off for another 3 or so years  
Probably just the bitcoin pump got me and i thought i was smart for buying low cap coins  

This pump and dump in bitcoin is pretty epic on okcoin
https://bitcoinwisdom.com/markets/okcoin/btccny

18.4 million coins, 50% will be emitted in 6 years. They are 6 months old, so lots of coins yet to come, whereas Un has largely made it through the emission phase. I wish them well, but I don't see them as very rare, or comparable in inflation to Un for probably the next six years. I also like mining with cheap asics; Cpu mining just ticks me off.

charly asked what's special about it.
haha
I see. He wanted to know QCN

Special about QCN is its very, very low marketcap and still active community and running chain. If it doesn't die now it'll survive and make good bank
It's not as rare as uno but still has a good reward-shedule. I am not putting a lot of money in it but for a little gamble, why not? I think it's under value compared with the rest of the market.

Don't let yourself be too distracted by that  

Yes, we can't do much about pumpers, just anticipate them.

If btc comes down against USD it will be bullish for Uno. I have fiat waiting to enter btc > uno, but I'm not going to buy btc on this pump.

The last btc swoon was great for accumulating Uno. Buy Uno with new fiat on the Btc dips, hold Uno on the Btc pumps. That's how turtles climb stairs.

That's kind of what I was thinking. People are trying to copy UNO. The sincerest form of flattery! 

You just described UNO - that's great!

bitcoin is such an epic pump and dump right now. Just glad i did not sell any uno for that.  

Look at okcoin. They pumped it and now they dump it. Stamp is to follow.

Just focus on quality, and don't fret about it.  

-it can hold value   (low inflation/rising by design/rare)
-fair coin (no bad surprises)
-healthy network / solid blockchain (fast transactions and sync too, wallet  doesn't need lots of recources, good coding)
-good community of longterm supporters (coin 1 year old. Older than most and doing better than many older ones, essentially a winner)
-in-house trading bullion
-very cool brand
-low volatility - best coin for merchants
-marketleader in its main field of cryptocommodities (coin made especially to accomodate investors, focus on preservation of value)

soon: techsupport

(among a whole lot of other things)

i think the whole picture assembled from many little parts is what makes it really special. The killer feature: "store of wealth"

If you're not at least holding a few you are doing crypto wrong

 

Good job.  Exchanges are looking better this morning, as I see it.  There is a little more buy support in the 7's, (but this weekend, we still could use more in the mid-70's,) and there's buying in the low 8's, right where we need to be.

Keep in mind to keep looking great, it would be ideal to be solidly in the 8's next week.  If you are a cheepy, then low 8's, whatever.  Just got to look good against BTC for now, IMHO.  Don't sell below 0.008, and you can be an awesome person, too!

 

What's special about it?

hey guys, QCN (quazarcoin) - check that one out. I am accumulating that. Maybe you guys like that one too.  It's very cheap right now.

PROJECTIONz

you can find some here:
https://bitcointalk.org/index.php?topic=527500.msg8591298;topicseen#msg8591298

Regarding backup procedure.

Backup work load should be proportional to risk. Backing up after each transaction should not be an issue as long as your equipment is reliable. I'd hate to be running a point of sale running a backup process after each sale. It's dependent on individual usage and environment.

Step 1. Research and decide upon a backup procedure that adequately fits the situation at hand.
Crypto's are a new one for me and I'm only 90% happy with my current scenario (I have to many alts it can be a pain to keep up), though I'd still rather have them in my hands than a web wallet. Community is great, take advantage of that shared knowledge and experience. If you have the time, always lean towards more backup.

Step 2. Have reliable equipment.
I use SSD's in all my computers to eliminate shock damage, though the downside is a less recoverable media in case of equipment failure. I maintain regular hardware tests to compensate. The cost is higher but it lowers risks considerably. You wouldn't cross a desert in a 10 year old voltswagon which might die any moment. Don't store your wealth on a 10 year old ex government laptop which might die at any moment. If you don't have the cash to completely replace, consider always keeping your Hard Drives Fresh and never let them cook in overheating scenarios.

Step 3. Backup to alternate reliable equipment.
I have a double USB backup used alternatively. It's relatively cheap and easy, though the Bitcoin block chain might be a problem soon.

Step 4. Backup to alternate reliable equipment in an alternate physical location.
I have an external SSD for this part. This is intended to be my cold storage unit. Robust and shock proof it will stay in an alternate location. I also have a NAS which will when enough funds justify the effort and maintenance be part of a live backup system which can store the most precious of data live in cloud storage.

Step 5. Test your backup process.
No point doing all this work if your doing it wrong. Make sure it works. Test with small amounts.

As a side note some of my wallet backups are not encrypted. This is really bad, don't do this. Always encrypt. I saw it said earlier but it should be re-iterated. If someone gets hold of an old backup file (you throw out a computer, someone hacks drop box) they can unlock your new protected super secure encypted wallet (not really but they get access to the money and completely ignore your new better backup habits). If like me you think the risks are low and you don't hold a lot of coin remember when you do hold a lot of coin and the risks become greater to move to a new address. Send your coins to yourself at a new address. As a tech guy I am surprised by how much stuff people leave on old hardware. I'm surprised we haven't heard a story about how a tech guy found a cache of bitcoin son somebodies pc yet. Though they might not be so quick to brag about it

lots of support popping up out of nowhere 

bitcoin is pump and dump 

UNO as cryptocurrency still stays one of the favourite, surely. It was just a cry in vain for the lost coins

LOL Smalltimer, I now have 130.49 UNO.  I have been slowly buying up in an effort to maintain 1 BTC+ worth of UNO.  

Z

P.S.  How many posts do you have to have to break out of newbie status?

‘Called Bitcoin4Gold, the service allows verified users to . . . .
move between bitcoin and gold, and to receive cryptographic tokens that represent physical gold holdings.

http://www.coindesk.com/bitcoin4gold-mail-bitcoin-gold-service

That’s an interesting idea. We could do it in-house with Uno and physical silver. We could call it ‘Hedges’!!

m