I'm thinking of doing some kind of study between Uno and BTC. An interesting question would be how depended Uno is relative to the overall standard. Obviously, ALL altcoins are related in some way, shape or form to BTC now, but over time this relationship doesn't have to remain fixed. It would be nice to do some analysis using a correlation coefficient (possible Pearson's but not sure if this is adequate) to determine if these two are still in lock-step with each other or if over time they are becoming out of phase (tending closer towards 0). A direct OR inverse relationship would mean highly correlated over time.
Ideally, those invested or just curious in Uno would like to see a divergence from BTC. Why? Because it would make Uno have it's own market identity which over the long haul I think is feasible.
uh .. i saw 'correlation coefficient' and my mind detonated .. you might have to spoon feed that idea to me again .. UN has (or at least it's my hope) become less dependent on the BTC price.
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Uno have it's own market identity"
agree 1000%
I favor consensus pricing in LTC .. nice simple numbers and precise pricing .. like 0.36 LTC per kg UN .. currently 0.002xxxxx BTC is vague to gauge.
Doge is nice pricing too .. currently 5500 doges .. so have a stack of the doge handy.
A bit obscure but niffy is FTC ... currently holding value of $0.01 ... so pricing 1kg UN is dead simply ... 125 ftc ... ie .. $1.25There are 5-6 hands holding tonnage on rex, topia shows the distro as well.
3btc hits 300,000sato, and strong supporting bids lurk about at 150,000sato.
This is what I do with FTC. Try to snag FTC when it's lower than .01 (like now) and try to get some with UNO at a price of a few cents more. UNO $1.35, so try to get more than 135 FTC 140+ FTC, etc. I like that FTC is an old coin with the right amount of supply that it can feasibly stay in the $.01-$.25 cent range for years to come.