Where are the dumpers? I expected a LOT more dumping. Instead there has been... let me count them... just that guy on Cryptsy on Sept. 27. That's about the only substantial dump I recall.
That suggests that UNO is in very strong hands right now. Price going up without dumping is very bullish to me.
CONFESSION SESSION:I used to be a habitual dumper. One reason was your stupidly annoying doppleganger bots always one satoshi above/below, and I just got fed up. An experienced trader, sure, but not refined.
There were some other reasons, too, especially when I needed rent money, and we were starting to go down parabolically, the top of a funnel, if you will. (Etc....) Got to do what ya' gots to do. (I think I was in denial about my cyclical dumping habit, too.) (TP'ing as a bad habit from years of FX trading in billion-dollar liquid markets.)
...But now, UNO is too rare and precious, and overall, it's waay too awesome to do that, anymore. It is thoroughly undervalued, and 0.05 is quite a decent price for it at the present.
I'm a reformed dumper!! Hallelujah! Kin' ah git an a-men!*
I mean - NO CRYPTO, probably no asset class on the planet (except dirty $USD derivatives and maybe other dirty short derivatives, etc.) has had UNO's CONSISTENT performance over the last 4 months~!
Unobtanium has been the best performing CLEAN asset in the world over the last 4 months!!!
Even if UNO goes parabolic to 0.02, there isn't necessarily a reason for it to dump back below 0.01, etc. If it does, it's hypothetically a very temporary move, although I doubt the greater cryptocurrency community would necessarily be participating at that point to return it to 0.02, since P&D is so ingrained in trading habits. Slow & steady is waay better.
I mean, wouldn't it be perfect, if instead of a parabolic, then dump, we instead get a beautiful s-shaped curve upwards and it just stays up?!!
Tha'd be great!
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* Hey, right from the beginning, I've done a whole lot for this coin, including donations and hefty giveaways, and even heavy buying technicals. I was the one who bought up UNO on the 1st day it came out on coinex (back when coinex wasn't evil.) I didn't get a return on that for a long time. Bought to 0.007, if I recall correctly; there were others, too, of course, but I really made the graphs look good buying it up! Half of the multi-day pumps in the early days was from my buying, and I only benefitted from them half of the time~! (Buy @ 0.007 and sell @ 0.0006 - Yup! That's me contributing to UNO.)
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...And I don't have as many as I once did.