Well it's at least worth a small trade 
Is there some recent development? Charts are looking better!
Thanks for the chart and your analysis. I hope you'll be a regular here. Is there some recent development? Charts are looking better!I had not noticed that view. I chalk it up to patient long term accumulators, a slowly spreading understanding of UNO's basic fundamentals in a very cluttered and noisy market, solid devs, active core community, longevity, and next month's reward halving. Unobtanium has a lot going for it that set it apart from the scams, but it's taken it a year to earn that recognition.
The panic-sell you point out is interesting. It came around the time of the theft of a large % of existing UNO supply from Coinex. It could also be Wolong or a bagholder exiting after the massive pump. Around this time there was uncertainty and bad news (loss of JacobUx devs) which has since been overcome.
2014 saw a lot of Uno mined and sold on the market, as anticipated. The unanticipated Coinex dumping is over now, while the flow of new Uno from mining has been hugely reduced. There was a lot of downward pressure on UNO through the first half of 2014. I'm surprised it held us as well as it did.
Today the spreads on exchanges are wide, sell orders are thin, and there's a lot of holding. Since that dump, the Uno community/market has absorbed a lot of Uno, and the long term holders seem in no hurry to sell off.
Yeah it looks like the pessimism of investors in July has set a bottom for UNO price. I'm not heavily invested right now, but with the level of confidence rising on the crypto markets (voir dogecoin, blackcoin, vericoin, etc.), I think a solid survivor with a strong community could be an interesting play.
I'm not a fan of Bryce Weiner's history on these markets but if he is delivering with UNO that's fine for me.
