Unobtanium In-House Exchange - page 81.

Benefactor

hero member

Activity: 1260

Merit: 504

Quote from: FallingKnife on October 23, 2014, 01:16:00 PM

I'm buying up to 100 un at .00730. A bit below market, but well above market depth for the quantity. You'll get a higher average price than if you sold it all now on any exchange.

Prefer one chunk, but can buy in a few smaller pieces.

Offer good till withdrawn or 12 hours from posting, then I'm outa here for the weekend.

Offer: FK-141023-100

(This Ask set is only for FK in this situation.):

Offer Code: BeneU017-FK
I have 85 Un to sell for 0.73 BTC

-OR-

Offer Code: BeneU018-FK
I have 100 Un to sell for 0.871 BTC

FallingKnife

legendary

Activity: 2450

Merit: 1076

keybase.io/fallingknife/

I'm buying up to 100 un at .00730. A bit below market, but well above market depth for the quantity. You'll get a higher average price than if you sold it all now on any exchange.

Prefer one chunk, but can buy in a few smaller pieces.

Offer good till withdrawn or 12 hours from posting, then I'm outa here for the weekend.

~~Offer: FK-141023-100~~ Withdrawn

BitcoinCharlie

legendary

Activity: 1260

Merit: 1001

Quote from: IMZ on October 23, 2014, 06:13:14 AM

Hedges Register:

Hedge001/Sirsmokes
Hedge002/Sirsmokes
Hedge003/Repunza
Hedge004/IMZ
Hedge005/IMZ

Woo hoo! Three traders (and several more eager for Phase Two)

Confirmed

IMZ

legendary

Activity: 1498

Merit: 1000

Hedges Register:

Hedge001/Sirsmokes
Hedge002/Sirsmokes
Hedge003/Repunza
Hedge004/IMZ
Hedge005/IMZ

Woo hoo! Three traders (and several more eager for Phase Two)

IMZ

legendary

Activity: 1498

Merit: 1000

Un-Ex 23/10/2014 [Western Australia]

Price: 'solid': .0080/.0076

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

Trusted Traders:

# Wickedsick, two stars
# Mark (IMZ), two stars
# Edgar, two stars
# Falling Knife, one star
# Bitcoin Charlie, three stars
# Vector iso, one star
# Ian (IMZ), two stars
# Benefactor, two stars
# Layer1gfx, two stars
# Sirsmokesalot, two stars
# Philogus, one star
# Korlic, one star
# Repunza, one star -- welcome

Physical Bullion Planet Earth:

GFC weirdness is out there. Stock market moves = bullion moves

And here is BeneX

And Escrow V 500

Repunza

sr. member

Activity: 357

Merit: 250

Quote from: IMZ on October 22, 2014, 07:37:24 PM

Repunza, just to get you started, I will accept 10 Uno for a Hedge worth over 11. Send the 10 to the Uno address in my wallet.

@ Bitcoin National, Martin, and Repunza:

Repunza is about to score a TT rating by buying a Hedge (which involves him extending trust).

Bitcoin National, we must wangle a rating for you. I know perfectly well that you are an established community member -- but having a Rating let's other know that.

@ Martin: woo hoo! a genuine welcome -- and bear in mind that you have no rating yet. No offence meant. [People can trade with you. That's their business. But a rating is a fine thing to be a-workin' on. I am not in charge]

Could you do a couple of Btc/Uno trades to get a rating?

Did I get this episode right? Repunza and B.C. were both wise to post

10 UNO was just sent...

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

Re: paypal

I can do pay forward deals if trust is an issue.

EXAMPLE >> I pay $ via paypal for fixed amount of UNO. After XX days you issue delivery.

But I am 99% certain that if I pay via 'gift' then a chargeback is impossible. Must comb the PP rules, but logic is I can not claim goods undelivered because I granted a 'gift' payment. (also free if memory serves correct).

NOTE ... in a couple of hours I can't trade until Sunday (out of town I go) ... but offer above remains open.

Re: Hedges / http://indiamikezulu.com.au/444/what-are-hedges/

Is this the correct understanding. UNO vs Silver? And UNO is up so the hedge is cheaper now?

Also just 5 Hedges on offer?

Hedges Register:

Hedge001/Sirsmokes
Hedge002/Sirsmokes
Hedge003/IMZ
Hedge004/IMZ
Hedge005/IMZ

That said, Smokes or IMZ, feel free to post a bid of the going rate.

martinw79

member

Activity: 94

Merit: 10

I hate PayPal as most of you too I'm sure, maybe even more so. I happen to have funds available there so it would be ideal. I understand I don't have a rating but I have to start somewhere. Looking to get into Uno for the long hodl.

BitcoinCharlie

legendary

Activity: 1260

Merit: 1001

Quote from: BitcoinNational on October 22, 2014, 08:25:12 PM

Regarding Paypal.

Yes in general do not because of chargebacks.

Exceptions

1. I will pay in paypal via "gift" ... charge backs are not allowed in that case.

2. This is an in-house exchange, I do not intend to junk my Sr. Member credentials and Uno reputation to scam a couple $100 ... ie ... Paypal buys would be a selective privileged and not commonly extended to new comers.

3. I can pledge a bond in crypto if needed

--

I am very keen on the paypal idea. I think the InHouse group shows smarts to be hesitant to exchange in the medium, but my hope is you see 'exceptions' are possible.

The benefit is that Paypal allows you to draw cash via ATM ... ie ... if I am paying you paypal then you can literally turn UNO into cash.

+1

All is caveat emptor. Personal responsibility and vetting. We are building a system of trust here.

I would not do a PayPal transaction with someone new to the forum with also a newbie rating on bitcointalk. However, I might do one with a member of the community that has been around for quite some time with or without TT status.

While I am not for PayPal transactions, I am more for the freedom to transact in any fashion that two parties are in agreement, whether that be crypto, cash, gift cards, labor, illicit substances, precious metals, PayPal, clothing, the list goes on...

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

Regarding Paypal.

Yes in general do not because of chargebacks.

Exceptions

1. I will pay in paypal via "gift" ... charge backs are not allowed in that case.

2. This is an in-house exchange, I do not intend to junk my Sr. Member credentials and Uno reputation to scam a couple $100 ... ie ... Paypal buys would be a selective privileged and not commonly extended to new comers.

3. I can pledge a bond in crypto if needed ... IMZ can you brief me on these hedges?? ... just send the link to the post where you lay it out

--

I am very keen on the paypal idea. I think the InHouse group shows smarts to be hesitant to exchange in the medium, but my hope is you see 'exceptions' are possible.

The benefit is that Paypal allows you to draw cash via ATM ... ie ... if I am paying you paypal then you can literally turn UNO into cash.

----------------
thus I adjust the offer
----------------
CANCELED

BitNational-Ex [trade 001]

OFFER to BUY
UNO with paypal

bid
10 UN @ $3.25

-------------------

IMZ

legendary

Activity: 1498

Merit: 1000

Thanks for that, Benefactor. I think I agree. So, long term, we wanna buy and sell the earth here on Un-Ex . . . but do it in cryptos and bullion (and arrange P2Ps!) (and branded gift cards and . . . )

Benefactor

hero member

Activity: 1260

Merit: 504

Quote from: BitcoinCharlie on October 22, 2014, 07:36:06 PM

Quote from: Repunza on October 22, 2014, 07:32:36 PM

Avoid using paypal for Crypto...People will do chargeback once they receive their coins.

In general, I agree with this position. However, in our UNO Trusted Trader realm, I believe that individuals can safely transact PayPal, Green Dot, Branded Gift Cards, etc. for UNO. However, it takes time to build up the trust with crypto trades prior to taking the PayPal plunge.

This doesn't sound too unresonable, despite my strong position on the subject. DON'T WE HAVE ANY OTHER OPTIONS BESIDES PayPill? Trusted or not - let's stay away from PayPal. Wink

They are basically as bad as people who hacked exchanges or ran the ones that ran off with client funds! Are these the peole you really want to do business with, my dear Unobtanium community people?

Benefactor

hero member

Activity: 1260

Merit: 504

Quote from: martinw79 on October 22, 2014, 05:03:40 PM

Looking to buy $100 worth of UNO, paying via PayPal. Please PM.

If my reputation is worth anything, I strongly discourage anyone trade with PayPal. They've stolen my coins, before, and many others' and basically de facto condone people stealing cryptos with 'stolen' money, thus the notorious PayPal chargebacks. It's a repressive pattern against cryptocurrencies, their #1 forthcoming competition.

Let's keep UNO clean, please. PayPal is disgusting.

IMZ

legendary

Activity: 1498

Merit: 1000

Repunza, just to get you started, I will accept 10 Uno for a Hedge worth over 11. Send the 10 to the Uno address in my wallet.

@ Bitcoin National, Martin, and Repunza:

Repunza is about to score a TT rating by buying a Hedge (which involves him extending trust).

Bitcoin National, we must wangle a rating for you. I know perfectly well that you are an established community member -- but having a Rating let's other know that.

@ Martin: woo hoo! a genuine welcome -- and bear in mind that you have no rating yet. No offence meant. [People can trade with you. That's their business. But a rating is a fine thing to be a-workin' on. I am not in charge]

Could you do a couple of Btc/Uno trades to get a rating?

Did I get this episode right? Repunza and B.C. were both wise to post

BitcoinCharlie

legendary

Activity: 1260

Merit: 1001

Quote from: Repunza on October 22, 2014, 07:32:36 PM

Avoid using paypal for Crypto...People will do chargeback once they receive their coins.

In general, I agree with this position. However, in our UNO Trusted Trader realm, I believe that individuals can safely transact PayPal, Green Dot, Branded Gift Cards, etc. for UNO. However, it takes time to build up the trust with crypto trades prior to taking the PayPal plunge.

Repunza

sr. member

Activity: 357

Merit: 250

'Repunza Trade 003: I offer 10 for one Hedge.'

Repunza

sr. member

Activity: 357

Merit: 250

Avoid using paypal for Crypto...People will do chargeback once they receive their coins.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

also would like to by UNO with paypal

bid
50 UN @ $3.05 [0.00799999]

updated bid below

martinw79

member

Activity: 94

Merit: 10

Looking to buy $100 worth of UNO, paying via PayPal. Please PM.

IMZ

legendary

Activity: 1498

Merit: 1000

Hi, Repunza! Oh, that one Hedge at eight Uno was an Opening Special. I copped a loss of about four Uno to get the ball rolling. (That astute Sirsmokes did the maths, and snapped it up.)

But you are clearly up to try your hand, so I will help you:

each Hedge 'covers' two ounces of silver. Now check here: https://www.bullionvault.com/silver-price-chart.do Silver is $US 17.26 per oz. That's 3452 cents. Now divide 3452 by How Many Cents One Uno Is Worth Right Now -- 301. The answer is 11.468.

So, one Hedge is worth 11.468 Uno at this second. So, you would make an offer: 'Repunza Trade 001: I offer 11.468 for one Hedge.'

Then -- just the same as trading Uno for Btc on this exchange -- someone will accept your offer. Then you send the Uno. Then the Register is changed [and that Uno would be '~~Hedge 00?/Repunza~~']

And . . . relax. It will be dog-eat-dog here in a few months. If enough TTs figure out how it works, we'll have a hot little market here. [Two people, Bitcoin Charlie and Benefactor, are eager to trade; but they have to wait for Phase Two.]

But right now, we are learning the really rather complex principles involved.

m

Topic: Unobtanium In-House Exchange - page 81. (Read 104918 times)