Topic: Unobtanium In-House Exchange - page 58. (Read 104917 times)

IMZ, as far as a first post goes, your 'daily update' could be just as simple as the one you're posting here in the thread every day. The advantage is that it's always easily located by stakeholders. The disadvantage is that overwriting it every day rather than progressively in the thread, there's no historical data to be gathered (though they're usually links and not numbers so this may not be much of a drawback?)...

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Also, cragv trade #004: WTB 0.25BTC for AUD$102 by bank transfer or (shudder) USD$82 by PayPal.
(Don't know if there'll be much interest at this point in time but I'm offering higher than market (AUD$385 vs AUD$405) if that helps. Cheers. (Ed. withdrawn for now; bought elsewhere).

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PS. IMZ, I've forgotten to verify in the BitcoinTalk Trust section after our trades, sorry! Will do that now.
PPS. cragv trade #003 w/IMZ: SUCCESSFUL. Ta.

I received some sunshine at the post today. Big Time Spaghetti's solid silver $UNO bar arrived! Merry Christmas to me! 

Another successful trade! Up his trust rating!

I hear ya, Benefactor! We're seeing conflicting theoretical possibilities -- DVC as store of value, and DVC as 'Hedge' -- plagued by the low low volume of the first days of the experiment. (I beg your pardon. I did miss one of your offers.)

Please hang in there. It's an experiment; we're learning -- and the last week or so, with successful P-WIPs -- has been a giant stride.

And have you noticed how many folk in the main thread have spoken of Un-Ex as an option for selling coin 'into' the community?

m

P.s.: got a big paper bag of sunshine for you Winter-time folk: Uno went for the first swim of his life today. (Emus love to swim). The sunshine is butter yellow; the sky is china blue; and I picked this season's very first cherry tomato.

I would, hypothetically, sell a DVC @ 18 UNO, today, but I'm concerned nobody would sell me one back if the price dropped to 16.  I keep tossing up buy offers, but nobody takes them.  There used to be a premium on my offers!  Ok, I know my current price is just a rock-bottom base for the DVC bid stack, but it's my highest offer ever!  

I guess I might just wait until I can sell one for 24 UNO to make my first DVC trade.  Surely, I can cash in on the whiplash after that one!

Un-Ex 18/12/2014 [Western Australia – a half a day ahead of the U.S.]

Unobtanium 'solid': .0067/.0055 – but check the exchanges!

https://www.cryptsy.com/markets/view/133
https://bittrex.com/Market/Index?MarketName=BTC-UNO
https://bleutrade.com/exchange/UNO/BTC
https://coinbroker.io/trade/?symbol=UNO.BTC;

Trusted Traders:

http://indiamikezulu.com.au/454/list-of-trusted-traders/

DVC: 17.383!!

Liquidity Pledges:

by March 2015, Australia IMZ Mark: $AU 250

Good idea. I shall work on a draft today. Give me pointers. (I shall be semi-off the air tomorrow. Gotta go to the doc's.)

m

While we're still using this clunky forum thread format to track things, there could be some value to having a section at the bottom of the first post (#1) where the current state of things is kept (log book, updates, etc.). Saves people trawling through the thread for current and relevant information, particularly as the page count continues to grow.

@ P-WIPping: woo hoo!! Checked my bank account. Payment has arrived for a P-WIP between cragv and I. So, the 'Australian national chapter' has managed a fiat-Uno P-WIP and a bullion-Uno P-WIP. Ian and I have been working on this for a year and a half!

Many thanks to cragv.

@ Experimental 'fiat-Uno Liquidity Engine': IMZ Mark will have $AU 250 available to buy Uno on Un-Ex in March, 2015.

Let's experiment with a sort of 'L.E. Order Book' that will look sorta like:

"# March 2015, Australia IMZ Mark: $AU 250"

and published at the bottom of each day's Un-Ex price-update

m

Offer Code BeneD0009:  I have 2.5 UNO to buy 0.2 DVC.  (12.5UNO/each)

* Offer NULLIFIED * By:  IanRidgwell

"With a solid and growing community of internal traders a 'kitty/pool' of UNO purchasing power can be rallied to accommodate my purchase (Any purchase) and create a nil impact on UNO overall price."

Yup. Let's figure this out.

m

Agreed... I always considered a long period of DVC's in a close circle sandbox style environment. Big idea's and long term analysis certainly but a close to home trusted proof of concept phase to hammer out the reality of price independance and what can be achieved with such a community.

Un-Ex 17/12/2014 [Western Australia – a half a day ahead of the U.S.]

Unobtanium 'solid': .0067/.0056

https://www.cryptsy.com/markets/view/133
https://bittrex.com/Market/Index?MarketName=BTC-UNO
https://bleutrade.com/exchange/UNO/BTC
https://coinbroker.io/trade/?symbol=UNO.BTC;

Trusted Traders:

http://indiamikezulu.com.au/454/list-of-trusted-traders/

DVC: 16.835 (up from 14 just 4 days ago)

I have omitted the ticker today because the bullion price is showing wrongly.

"I do think we need to trade DVCs hundreds of times and have tens of TT's before moving on."

Actually . . . I agree wholeheartedly. It was a concern about insufficient interest/trading that prompted the thoughts. But I see we're getting the volume.

m

DVC's are non divisible. No Decimals.

Offer Code BeneD0008:  I have 25 UNO to buy 2 DVC.  (12.5UNO/each)
May be purchased separately.

Offer Code BeneD0009:  I have 2.5 UNO to buy 0.2 DVC.  (12.5UNO/each)
Want to be the first in history to break up a DVC?

I don't know that I agree with the ideas for Phase III, but I have to say this doesn't work so well with wallets.  Wallets draw UNO by some magical algorithm from the addresses in the wallet, so you can still have the 10 UNO in good faith in your wallet, but the designated public address might still be empty when you use your wallet for anything else.

I'm cool with discussing Phase III, and am witholding my own comments at this time, but I do think we need to trade DVCs hundreds of times and have tens of TT's before moving on.  JIMHO.

With this kind of discussion,it sounds like you should join us on the $UNO conspiracy / catch-all thread! 

https://bitcointalk.org/index.php?topic=881433.new#new

Sorry to say, but he's still behind the scenes, machinations for his masters.  He recently 'visited Putin'.  (Just weeks ago; pretty positive he told him about the hyperinflation, not that I was there or heard anything.)  Sometimes he still does corporate media interviews when the powers that be need doublespeak spin on something.  He doesn't look like he's aged in decades.  Drinks the blood of children or something.  

Sure, Obama has people like Brzezinski to tell him what to do, but these vampires are all cut from the same cloth.  It's red and they still want more blood.

In regards to the potential for large purchases using UNO.

Next year I intend to spend 4K - 6K on a motor bike.

This presents a problem for me.

To do this I must save some money BUT I'd rather put my money into UNO which once Bitcoin gets its shit together I expect to appreciate.

Unfortunately as discussed earlier 6K might have a catastrophic smackdown on the UNO 'live value' should I dump on the exchange when I go to buy my Bike and its an almost nill chance my local bike retailer is going to see the light regarding Crypto's between now and then.

Choices#

1) I either don't invest my money in UNO and save it in traditional style with fiat
2)I risk dumping on the exchanges at point of purchase
3)There is a third option.

With a solid and growing community of internal traders a 'kitty/pool' of UNO purchasing power can be rallied to accommodate my purchase (Any purchase) and create a nil impact on UNO overall price.

This has several positive outcomes and the only negatives are the limiting factors of how much can be rallied for any purchase and the time between purchasing power rallies.

a) As someone who understands dumping all that UNO on the exchange will kill the price I am willing to lower my expected price per uno in full knowledge I will still come out on top in comparison to an exchange dump chasing the live price to oblivion.

b) The community gets access to a large amount of under the bar UNO that will have a negligible hit on the live UNO price.
              Of course we expect some of the community will cash in some uno so it is possible we will still get some live price shift we expect it will be negligible. Something we would iron out with details and relying on the internal trust group to be responsible.

c) We expose a merchant to the capability of a strong community supported crypto currency. Surely any serious merchant would be fascinated by the process and maybe even be tickled into the community.

DVC is a bit over 15 Uno -- the price ticker's price on silver is way wrong --  ?