Do you think UNO will grow slowly in the future when cryptocurrencies are something mainstream and popular and UNO is still around and due rarity, it still keeps slowly growing as some sort of desirable asset to have? Im still deciding if I want to keep my UNO or dump.
Lol, have you read this forum at all? Of course the people here think the coin is going to continue to rise in value. I really would like to see some type of utility for uno though. One gram of uno = .5 grams of silver = .25 grams of gold. Some type of thing like that, i think it could help uno out. There isn't much to be done with the coin at the moment other than holding it and hoping other people want that which they cannot have. Value is something given to the coin by those who want it to succeed.
For instance, the person holding 30% of uno could very easily control the price of the coin. If they knew what they were doing. The top 100 wallets own 82% of all uno. So 99 wallets own almost half the uno out there. Setting the price on the uno is easy. How do you sustain that price? What makes people want an UNO for 100 bucks a coin? There has to be SOMETHING there. At the moment i feel the biggest desire in uno is day trading, buying it for the price it is now and hoping to sell it for the next leg up, buy at 48 sell at 58 sorta thing. In the never ending sea of crap coins which continues to flood the landscape, something has to make Uno some type of beacon people go towards. Lack of extreme volatility is not enough to do it. Rarity alone is not enough to do it. If you could obtain other rare items with uno, that would help to show what type of value it has.
People forget, gold, silver, iron, any precious metal really, has USE and that is what makes it worth something on top of it's limited supply. As it stands Uno is hard to come by. That is all it has going for it at the time though. Unless someone is willing to put their balls on the table and start exchanging some known commodity for uno, i don't see the price sky rocketing.
Easier said than done. I have no commodities to exchange for the coins at the time. I do like the coin, but i am also a logical person. Everything everyone is saying about the coin is true, but it has been the same issue since day one. The coin is rare, that is all it has so far. I can buy shit with my bitcoin, litecoin, and yes even uno is accepted at places thanks to coinpayments.net or what ever it is called. That still isn't a hook.
Something that people want and desire, that can only be obtained by obtaining unobtanium. In my minds eye, that is what needs to be done before anyone puts on any space helmets.