Post
Topic
Board Announcements (Altcoins)
Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC!
by
rojan
on 30/05/2015, 05:34:36 UTC

Meanwhile, lets just pause a minute to let the adrenaline settle. We can make the wallet pretty again, don't worry. In the mean time, lets appreciate the added blockchain security that has come with the 100x increase in hash Uno is getting, with more on the way. 



Meanwhile on Comkort exchange https://comkort.com/trade/un_btc there's still bid to buy around 12.5 $UNO @ 0.0118 BTC.

Also on Let's Talk Bitcoin, there was an interesting speaker from Texas Bitcoin Conference named Adam Hayes featured on The Bitcoin Game Ep. #18.  The site is down for now, but the topic was "What Factors Give Cryptocurrencies Their Value:  An Empirical Analysis".  He concluded that around 85% of (66 commonly traded) coin's value comes from 1.) High hash rate 2.) Lower block reward 3.) Scrypt algorithm.  His statistical analysis revealed that total coin supply and coin age were insignificant.  He also touched on immeasurables that can give coins value like "brand/community loyalty" as in the case of Dogecoin where he would expect the fundamental value to be less (due to higher block reward, I assume).

Let's see if $UNO 100x price increase will follow $UNO 100x hash increase in the future.   Cool