Topic: Unobtanium up 500% (Read 1052 times)

Well there is another 1/5th of the total suppy to be mined over +300 years, is that time enough to allow for people to gain a stake?
Also 3 full market cycles, nearing 3 years of trading, anyone that wanted to could have bought whatever percent stake they desired.


Well funny thing is BW hasn't even said 2 words since forever on the thread.  I am skeptic like all others, but to be fair he has implemented a gravity well and merge mining, successfully.  The original designer is more the lead dev, not BW.  And UNO has many people who can handle new wallet releases.  So disagree with the personality if you wish but UNO is a solid product, taking facts over opinions the tree is bearing fruit.


that's pretty much the UNO message, it is not trying to be bitcoin, it is trying to be a functional and secure (aka not a stake coin but SHA 256) ... store of value.  it will take time, but it slowly trots the line, increases market presence, gains more adopters, and acquires more hashing protection.

boring?  yes a little.  but the bottom line is the coin inflation issue is addressed by UNO.

Yeah, robust design so increased coin, sorry it had already drained to growth (

Damn....i sold all my coins so much time ago! 

Bryce doesn't get us a whole lot of fanfare but if it is any consolation he wasn't involved until a bit later. He did help straighten out issues with the wallet. I personally don't know why we tie his name to the coin instead of just paying recognition and moving on. He sends up a lot of red flags for people but his involvement in day to day has been near non existent due to his ignorance in hating btctalk.

That is the double edge. Even though it was mined fairly and 'fast' compared to a lot of coins out there, it would be the supply that limits the distribution more than anything. Then again btc is the crypto you spend, so it needs to have very high emissions to function as a currency. If Uno was focused on being more a commodity i feel it did it right. I have gold, i don't spend it like my cash though but that doesn't mean it holds any less value because it isn't as liquid.

I see it as that much more difficult to dump down. In the endless sea of crapcoin alts, many of them have volumes into the millions with stakes and ninja mining and many other things that just turn the coin to total shit.

Is Uno perfect, naw. Is it doing what i hoped it would, not crashing to nothingness, yeah, it is still above my entry point. The charts aren't stunning, they aren't hugely exciting, nothing the masses will show much interest in because the opportunity to gain isn't much. To completely ignore the other side of the coin, the opportunity for loss, isn't wholly beneficial because there hasn't been tons. Unless you were late to the limited number of pumps and bought in at the peak i can't see anyone doing that bad with Uno if they have just a little bit of patience. 

Null inflation basically means that the entire coin supply was emitted very rapidly giving a minimal chance for a broad distribution. I'm not calling it a ninjamine or instamine, but it isn't exactly a great way to allow the maximum number of people gain a stake in the system. Also, two words: Bryce Weiner.

Why thank you Sir! Hopefully more and more people will begin to catch onto what Uno really is.

When i first got into crypto i was thinking btc would function more the way uno functions. Btc is interesting for what it is but i was looking for a place to park something for a while. I lack trust in the established financial system and have no problem taking a bit of a risk here. So far i have very little to be disappointed with.
 

Hi MrSmith.  UNO has some solid supporters who watch over it. Their dedication has allowed UNO to overcome problems and thrive. It's been in the top 100 coins for nearly 3 years. 

With the community's help, UNO has survived MintPal, CoinEx, and Cryptsy. All 3 were major UNO exchanges. 
The number 1 wallet on the UNO richlist holds the 15k Un that are locked up at Cryptsy.  That wallet had been 50K Un at one point, but the community drained it over a several month period.  We're hoping that 15K will find its way through Cryptsy bankruptcy and back to its owners.  I think in the short term though, having that 15K locked up has created additional scarcity for an already scarce coin/token.

The community has also chipped in to purchase or build services that make Uno more useful and fun.

All the requirements to make it a very strong coins are all here that is the reason why they are now enjoying their success ..
very quiet coin but with a strong community ..

can lead the horse to the water ... but

hard to get any respect in these parts unless you ticker reads BTC, LTC, or ETH

just another bleepedee bleep coin

[never mind near null inflation and that it is basically bitcoin less the inflation and x2 faster and you can actually download the blockchain in under a fortnight ... the price of 1 btc would get you 1/2000^th share of the marketcap ... verses 1/21^millionth of the marketcap of btc ... naw naw ... not gonna take a small risk that will likely pay off big in a few years]


UNO ... we like symmetry and turtles

Thx for informations.

Unobtanium was traded hard on Bittrex and other exchanges yesterday, at one point was up 500%, as an investor took a major position in UNO. People have been asking a lot of questions about UNO as a result of the activity, and may people are discovering this venerable old coin for the first time. Here is a UNO primer to get you up to speed fast.

The price of UNO had been extremely low going into February, 2016 as a result of people using it to escape Cryptsy.  Since the Cryptsy dumping stopped, UNO had made a steady recovery from .0029 btc to .006 over the past 6 weeks or so.  Yesterday, someone put UNO on the board with nearly 200 BTC of trading.

If you're new to Crypto, you probably don't know UNO or why it's different. Here's some things you should know about Unobtanium

* UNO was fairly launched in 2013. There was no premine, no instamine, no stealth launch or any of the usual fakery. First 1k blocks were low reward to let miners set up their equipment.  In fact, the developer even paid miners for a few UNO for the faucet he set up. It is 100% open source and contributions to UNO are welcome.

* UNO is SHA256, 3 minute blocks (3x faster that bitcoin) with KGW difficulty adjustments every block. It is merge mined with Bitcoin, and has a solid hash rate that is often measured in Petahashes.

* UNO is rare. So far, 197,000 UNO out of the 250,000 UNO max has been mined. There are 53k more to go, but it will take 300 years to reach the 250k limit.  UNO is guaranteed to pay miners a reward for the next 300 years.

* UNO is low inflation. No worries about having your stake diluted with POS or a rapid supply curve.  

* UNO has a solid network with plenty of nodes.  No network issues here.

* UNO is well supported with lots of wallet options, including Electrum, JS Wallet, Copay, Android wallet, and is part of Uberpay multicoin wallet.

* UNO is a basecoin at Cryptopia exchange. You can directly exchange about 200 alts directly for Uno. It's also on Bittrex, C-Cex, SafeEx, and Bleutrade, among others. You can also get it on Shapeshift.

* UNO has a very active long term community that watches out for Unobtanium.  You can connect with them here on BTC,  and learn more here.