Topic: [UNO] Unobtanium Info & Discussion - Hardfork block 1042000 - Merge Mine w/BTC! - page 701. (Read 1047039 times)

triple confirmation

cry is dry

sellers : DON'T DEPOSIT ON CRYPTSY
buyers: well this is looking goxish

As a business owner, the payment system structure is very attractive to me.  Getting an extra 3 to 5% on each sale instead of giving the money to the big banks through a credit card fee is a game changer.  I have run into two problems:

-explaining the benefits to fellow business owners (Many think it's too complicated and not worth saving the 3 to 5%)
-trying to start accepting it from customers (my own concern that they will think it is an eccentric / nerd position and hurt my various brands)

Small business owners should really be interested in BTC, UNO, etc.!

This is an interesting thought on the big tranches. In the past, I have attempted to build up a bit of a bitcointalk trust level on my account. I don't think many people have cared about doing that though...

@ NXT hack: my trader and I got a belly laugh out of how spontaneously we agreed that rollbacks are rubbish.

@ weaning ourselves off automated exchanges (Baby steps, Mark. Baby steps . . . ):

The key word is 'interlocking' -- a range of interlocking practices that produce the desired results. One 'Lego block' would be a THRIVING 'in-house exchange.' The problem to overcome is not to be left looking like a low-voloume currency -- but there are Lego blocks to deal with this.

IMZ has run one successful community coin-exchange. We call such stuff 'proto': clumsy, time-consuming, unprofitable at first; bleeding-edge.

One aspect: undertake the sale of large packets of UNO in-house rather than on Cryptsy. Thus, coins are being removed from Cryptsy, but the price will still hold or rise.

Mark (IndiaMikeZulu), Western Australia

Great story, and it echos what I am also seeing.  It's so common for us that often we're blind to how out ahead of the curve we were and still are.

Crypto is so huge that it's difficult for people to wrap their head around it.  Bitcoin as "Money" is probably the easiest concept to grasp.  Crypto as a decentralized "payment system" is a more difficult to grasp.  Crypto as a ledger imposing scarcity on plentiful resources (such as email) as a way to combat spam... or as a way to regulate network congestion and prioritize packets on a crowded internet, now you're starting to lose 'em.

thanks for sharing this. I made the experience aswell that most people only have heard about it but have actually no idea what it is. The most commen answer i get when i ask someone random "do you know bitcoin?" is "that's that internet-money, right?" ... when i go then on explaining a bit what it can do and how it works they usually get big eyes and say "oh, i think i have to look into that some more" ... so i can only confirm what you are saying there. The greater part of the population is slow to learn, most think it is going away the same way it came. More people will get educated. In the end of the day: when they look into altcoins many will want to buy Uno, i agree. The average Joe won't be interested in anon-coins. The average Joe wants something that he know works and he knows will apreciate in value over time. So that is Uno for him.

My guess is that it's more asshattery at Cryptsy! I just send email after email bitchin' eventually the coins get released somehow or redeposited. I'm a bittrex man now...

Hey guys! I had to share this story with you. My wife works at a large international airport. I talk to her about Bitcoin and UNO all the time. At work the other day, she overheard two of her coworkers talking about some company now accepting BTC. My wife was surprised and she asked "you guys have heard of Bitcoin?' She told them that her husband is a Bitcoin nerd who talks about it all the time.  She got called away, so they didn't really have time to get into the conversation at that point. A few hours later, the two coworkers came up to her and asked her "can you please explain what Bitcoin is and how it works?" My wife gave them a basic explanation based on what I have taught her.

I think that a Bitcoin storm is going to slowly form as the general public learns more. I don't know how high Bitcoin price will go, but I think that it will be much higher than it is today.  I think that the rising interest and price will naturally propagate to UNO as well. I taught a coworker about UNO and BTC yesterday, and he had NO IDEA. He had heard of Bitcoin, but he was shocked when I showed him all of the crypto-currencies on Coinmarketcap. I spent a lot of time explaining UNO to him, its rarity, and why I invest in it. I read here yesterday where someone recommended getting our friends and family into UNO first. I think that that is going to be a HUGE part of getting UNO to the next level. People are REALLY curious about crypto-coins, but they are scared to ask questions out of fear of looking stupid (unless it's someone they trust).

I would be perfectly comfortable teaching my mom how to buy UNO as long as she kept it locked away in an encrypted wallet off of any exchange. I would also make sure that she only bought an amount that she could afford to lose.

i am waiting for 2 days now for withdrawals - not even 2 anymore ... my guess would be: hot wallet dry

It would be great to get coins out of Cryptsy, but the withdrawal sucks for UNO for some reason. I've tried different wallets, transferring to different exchanges, etc. Still cannot withdraw more than 2 UNOs at a time. I can transfer other coins no problem...

It's ridiculous!

we have seen the incredible downward-pressure that it can have when many percent of a coin get dumped on the market. I in no way want to relive this with uno. We are not the get-coins-stolen-and-buy-them-back-all-year-community. If a hack would happen at cryptsy i would vote against a rollback and for a hardfork to just remove the stolen coins from circulation so those people not being able to handle the coins in the right way would be left with nothing. Never have more than 1% of what you own at an exchange ever. If everybody would follow that rule we wouldn't have to discuss this all year long. Still 30% of all Uno at cryptsy - nothing changed. Please hear the warnings and store your coins secure at your own home. Be your own bank.

sorry for loosing it a bit.

Someone that owns a substantial percentage of staking coins can attack the network.  In NXT's case though, it is a small percentage and not a direct threat, but I'm reading this morning they have already released a fork to roll back the network and now its just about consensus (people upgrading to that fork).  I don't own any NXT, but wouldn't feel differently if I did.  This is total crap.  VRC opened Pandora's box.

The fact that a central authority even CAN do this is total crap.  I only own one PoS coin...  and I only own it because the developer is working to make PoS far more secure than ever before and is removing checkpointing from the coin entirely.

lol apparently ... or the "5 people know it and keep reminding 150 people who keep ignoring the warnings-community"

*roll eyes*


uno is done when cryptsy gets hacked. DONE - FOREVER. GET IT? Move the coins out!

This is decentralized currency and you store it central and then you cry when things go wrong. Don't put the fate of a coin in the hands of an exchange. I'll repeat another million times until there is considerably less uno at cryptsy. Am i annoying? Maybe. But take the coins out.

https://twitter.com/btercom/status/500198658701135873

that's 5% of all nxt

quys, these 'accidents' happen far too often for you to store coins at the exchanges. Take the coins out of the exchanges and move them to your wallet where they are safe. Not kidding. Don't ignore this! Don't store more coins at the exchange than what you trade in a day.

You use exchanges in an in-and-out-fashion. They are not here to store coins.

here is the guide again how to store your coins safe at home:
https://bitcointalksearch.org/topic/m.8178658

"The Fate Of The NXT Network Is Now Controlled By A Malicious Entity"

Blazr is this why you are not a fan of POS?

unobtanium : is the "don't store Uno at the exchanges" community

1.5 Million$ worth of NXT have just been stolen from Bter.com
May i takes this oportunity to remind you again that it is vital for the success of uno that you don't store your coins at the exchange?
I repeat: don't store Uno at the exchanges

+2

A little PR work, maybe an annual hosted event, possibly some pseudo celeb promoters.
BUT that stuff is expensive and Un not at that level ... yet.

IMZ just showed you the target audience.  

1. Friends, and Family.  "Invest $10 wait 6 months and see what happens" (and they'll probably hate us at first but love us in the end) ... so that's a Amway approach of marketing.


2.  International friends.  More and more nations are going to come 'online' with crypto.  Let's have a network of reps that focus on 'non English' speaking nations.  If we are going to spend money promoting I suggest it might be smarter doing a seminar on "getting wealth in the bitcoin age" in Mongolia rather than London.  

I know it sounds wild but if you get 100 of the influential class of a lesser know nation state hooked on UNO, they will sell it to others of like financial standing.  Traditional Western investor class is still skeptical.  But a promotional golf event at a minor country club in Dubai might bring $1 million in investment.  

Marketing Plan
strategy: concerted 'facing outwards' from the existing crypto marketplace (say 80%)

target audience A: Friends, and Family (soft sells)
target audience B: Rich buggers in nonWestern nations.
-----------------------------------------
target audience C: known crypto marketplace

We still have 20% of the budgets/time to target the known crypto marketplace AND we are uniquely focused there too!
target audience : crypto collectors who want rare and cool 'physical' collectables. (discrete ways to hold value just like gold)



target audience D: the inner realm of crypto (I think I see some of you here already) but yes there ought be a special cookie jar for 'Heroes' just in case come next year they for some reason didn't pickup a few Uno already.

Pure Unobtanium has high potency.  A little can go a long way.  Very good for altcoin newbies testing crypto waters with small purchase.   

Struggling with comms, but lots of thoughts.

Coins available for giveaways are a marketing resource. I argue for a concerted 'facing outwards' strategy. Contact Ordinary People (details on request -- IndiaMikeZulu is bleeding-edge in this!); give THEM the coins (both btc and uno); offer to 'mentor' them.

@ My Mention of Monacoin: it is Japanese. Maybe they don't know of BETTER coins. We could bust our buns to bring into our community krypto hoomernz who speak other languages. (IMZ has been part of a South Korean coin-community for months.) Recall how much LTC was aided by chinese enthusiasm. YBcoin doin' well -- it is 'Chinese'

Mark

Random giveaways to crypto people from other cryptos doesn't generally work, as I've noticed.  They do generally just convert to BTC then fiat, and try to pay their rent.

gustav - sounds like you are doing it right!  Good for you!

Last year, before wulong was a twinkle in Kim Jong Il's eye, there was a spike up to 0.02 BTC/UNO from waay below 0.001 when only CoinEx was trading UNO.  That was basically a few days after I did a giveaway of roughly 80++ UNO to about 40 people in [an undisclosed Internet group].  I definitely wanted to see UNO gain price, but I never expected this, plus it rode on a 10x price increase in BTC from $100/BTC to $1,000/BTC++.  Basically, within a few days, the amount of UNO I gave away was about $2,000.  [(...So pardon me for dumping $1,000/worth of UNO at times in the past. )]

I don't actually know what those ~40+ people did in terms of buying more UNO, or even if the spike was from them, but because they were new to cryptos, and alts were still in a feel-good extremely rapid growth stage, I have an understanding that they tended to hold after obtaining the unattainable.

Select sharing works.  A faucet with a few UNO - whatever.  No biggie.  ...But otherwise, it's best to share with those who aren't going to dump on the market, unless equal or greater buy orders are placed with the distribution, whether by stirring new demand, or by careful management.