Bitcoin Forum

The unique idea is its a 6week coin?

The power of innovation is unstoppable

No, rapidly decreasing supply, up to 20% per week.


lower supply = higher price



of course we will continue to maintain the coin after the 6 weeks, but the initial supply cut will last 6 weeks.

;D 6 week and he can move on that's very innovative

Why would anyone buy it if it has no use? It's just an admitted ponzi-coin.

I'm in.

I will buy 0.1 XUP coin.

as stated before we will still be maintaining the coin after the 6 weeks.

go take a peek at all the other new coins, devs leave after 4 days everytime. at least your guaranteed 6 weeks.



thanks for your support.



If you do not wish to invest, you are not obligated to.

i like the idea something new massive reduction in coin supply ponzi or not as long as it make me money im in :)

Interesting concept will keep an eye on it but now all in Steps.

DJM is here :-)

There are altcoin collectors that might want to collect this coin. (bagholders)

and i hope it does follow DCR in the price department to that was one of the best icos i have ever bought into  :) also does this mean every coin shamelessly copys BTC LOL

What happens to the coins left after 6 weeks? into the altcoin trashcan?

no, as stated previously we will continue to maintain the coin, and have some fresh ideas for the remaining holders and duration of the coin.


but by that stage there should be very little of the supply non burnt.

so if there are coins remaining after the 6 weeks will burning continue ?

just passing by  :)

It's already been proven with numerous coins that lower supply does not necessarily equal higher price.  A lower supply of something that's worth nothing is still just a lower supply of nothing.

let me rephrase, decreasing supply = rising price

if your point of reference are those coins, not sure you will even make it to the 6th weeks...

ah :) im positive ill make it way beyond 6 weeks, we have big ideas and plans for the future of UPcoin.

shun the non beleiver  :D

that's a little naïve... decreasing supply of something valuable might makes it a little more valuable.
decreasing the supply of some unknown shitcoin, won't do anything... except making it dead sooner...

(never heard that one before  ;D)
why not making your big ideas and plan in action now ?

Because hes trying to get you to buy his wolf tickets

https://en.wikipedia.org/wiki/Wolf_ticket

[quore/] --->as stated before we will still be maintaining the coin after the 6 weeks.

go take a peek at all the other new coins, devs leave after 4 days everytime. at least your guaranteed 6 weeks. <---

[/quote]

Why would you make a coin just to give a 6 week gaurentee to keep it up and running and then let it DIE ? Makes no sense to me .

And that is just a reason for everyone to say , Ok , I'll not touch this one since they are ADMITTING to leaving after 6 weeks .

I'll personally steer clear of that for sure . Regardless of how long other coins last or don't last . Its reasons like that that make Crypto so bad now a days .

But +1 for the heads up on ditching after so long of dealing with it instead of trying to keep it alive .

is that an all your btc back if/when we run off kinda guarantee? exactly who is liable if/when this happens?

you may well be genuine but personally I feel the same about a "guarantee" on a forum as I do about anyone I don't know who says "trust me"

look. im just running a coin, if you do not agree with the coins schematics, then move along, there are many more coins out there to choose. No one is being forced to invest.


This coin is non-profitable to me, its just an idea i had, and wanted to test it out.


literally the entire btc amount raised ends up getting used to buy up the order books of XUP over 6 weeks.

Then I wish you luck with your idea.

I guess we will take your word for it.

i will be investing sooner or later trying to flip a few coins to make it free for me ;p

I still have coins that with very low coin supplies and still worth  nothing. So, I am out for this idea.

I like the general idea with its twist on DCR stating a fixed life time, but even while rather new I can't help thinking it's a bit quickly cobbled together. For one buying, and selling, cloud hosted Antminer from nicehash.com? Then a 15% ROI per week with Antminer S5? Even with S7 and free electricity that sounds far to optimistic to me. Then with hardware already being sold again after each week this would apply to the first week only anyway. Plus, if the price actually would double you could buy back only half the amount of coins, could have been mentioned. Good idea in general but so far the numbers don't add up, but now there's the chance to clarify things.

EDIT: OK, OP updated. HashNest it is.

i will be investing tonight if everything goes to plan hope noone els does do i get a butt ton of coin

This idea has been done before i forget the name of the coin (it didn't work).It proposed it will purchase a miner and all profits  will go to the purchase of coins. Will be watching  good luck with your coin.

Dramatically decreasing is attracting me..... only 6 weeks is so short lifespan...

i trust masterchang so im in hard

be1fdbad5d9b8926ca0b447d9192f9be316f4c30cfc24b0863cc472bc6d1383a
first installment

The 6 weeks is just the lifespan of the decreasing supply, after this we will definitely continue with the project, but with an entire new fresh approach.



Thank you for your support.

nice to see a countdown timer cant wait for the exchange

1 day and 3 hour remaining on IPO - we have a total of 2 investors so far - totalling 0.33 BTC

most people invest towards the end anyway i just got in early

lol at escrow with 0 fame ;)

You are welcome to appoint your own trusted escrow, until you get your coins


MasterChangz is well trusted and known in the vanillacoin community, here is his twitter: https://twitter.com/MasterChangz

Totally "unique"  ;D
https://bitcointalk.org/index.php?topic=1155319.0

clearly didnt read before posting this i think this wins the worst fail troll award of the year! also DCR is like still 3 times above ico price what does that tell you everything is a copy in 1 way or another the dev just took a idea and made it 100x better and now it put in front of you to profit from

how is this 100 X better than what it was cpied from DCR?? is it because they claim it will have a 6 weeks cycle? which is obviously bullshit

there will be more buying of the book so should be funner

24 hours remaining on IPO - we have a total of 3 investors so far - totaling 1.63 BTC ($383 USD market cap)

some information outlining the details of the antminer s5

https://i.imgur.com/0M5G1aE.png

You are outlining a a quote from IRC. a conversation between John-connor and MasterChang.

A pleasure to see DCR's revolutionary concept being utilized by other coins. Good luck and all the best.

Lol man you must be really mad at me, i just stated that this wasn't original. This forum is full of FUD so much worse than this. And one of the strong points of DCR ico was the trust you could put in it. Wether you like it or not, gladimor is still there and it's working on it, while even if this developer doesn't look like a scammer he's not a Hero member.
But hey, best of luck with the project ;)

thank you for your support

this market cap is going to be crazy low if things dont pick up im loving it wish i had a few more investors to help me advertise after ico is over though

good luck

5 hours left hurrrry up

3 hours & 41 minutes remaining on IPO - we have a total of 3 investors so far - totaling 2.13 BTC


As always id expect the majority of the investors at the last moment. The coin will run regardless of btc raised.

will unsold coins be burned?

there will be no unsold coins


The initial value of each UPcoin will be set by how much BTC is raised in the initial public offering. For example, if 20 BTC is raised, the value per UPcoin will be 0.0001 BTC (divide the amount of BTC raised by 200,000).



the entire 200k coins will get divided up between the btc investors.

whoops misread, how many is dev/dev team investing?

just realized you had a twitter already https://twitter.com/UpCoinTeam

I missed Deltacredits and the decreasing supply.  Not long left on this one, worth a shot.

nice to see some people investing i might have to add a bit more btc at this rate to get a bigger share%

less then 3hour to invest

36 minutes remaining on IPO - we have a total of 11 investors so far - totaling 3.59 BTC

if we stay at this btc amount raised - we will start with an $837 market cap. which is perfect, lots of room to move!  ;)

how exciting cant wait for exchange

im about to send more to get more of a % hope it makes it

Go go go!!
Only 5 minutes!
https://blockchain.info/address/1E6CaNb647cDWZ2jLNZfvZJj4Q294pk7oJ

welcome fellow investor

Finally a new X13 coin (thumbs up). Will there be a Mac/Linux wallet released in the next time?

ICO OVER total BTC Raised: 7.45698355 BTC

why such a long wait for the wallet and source? normally uploaded within an hour of ico finishing or before

The IPO actually ended 24hours earlier than it was intended, but rather than extending it, which would be unfair to current investors, i had to honor it. the source and wallet were already lined up to be released after the 19th.

You will have your your coins long before coin is added to the first exchange.


Thank you all for your support, any questions please inbox.

did you not have it all ready to go before you started it? i thought that was generally the way it goes for an ico, no problem though

i dont mind the wait gives me somthing to look forward to

I did notice it said the 19th thought it was a typo so tomorrow  for the wallet, not that bad let's see where we can take this.

where is the wallet?

That 837btc wallet seems to belong to poloniex, not one backer. get your facts straight if you wish to attempt FUD.

Wallet?

I dont think your quite with it. just because i have been sent more than one transaction from poloniex, does not mean its the same person, poloniex is a very largely used exchange.



on its way.

whats the eta of release?

please add this to your upcoin.conf, and save it to your UpCoin roaming folder.




Source: https://github.com/upcointeam/upcoin (https://github.com/upcointeam/xupcoin)


Links in OP have been updated! all going smoothly, now onto the exchanges.

PMed.

when coin distributed?

coins have been distributed, could i please ask everyone to start solo mining to get the blocks moving faster before we kick over into pure POS.



and make sure your upcoin.conf contains addnode=107.170.156.17

I didn't received yet...
Any block explorer?

wont be too far away, hold in tight, just setting up for a smooth transition to POS

how long to recieve coin?

distributed coin maximum is 200,000. issued price must be large

0.00003728 satoshi per coin as decided by IPO BTC raised.

I am not quite sure price above satoshi 0.00003728 per coins after the release of the IPO. This is quite difficult to expect

this is only a $1,600 usd market cap. with the rapidly decreasing supply the price should rise significantly.


wallets are being modified due to a small bug, i want to get everything perfect before exchange. all coins should be distributed by today, and exchange to follow. Keep checking back to this thread, i will possibly need everyone to download a new version of the wallet and generate new addresses for distribution.

So just hold in tight and ill send out a message to all investors with new instructions.


we also have some positive news for upcoin.

Will wait then.  :)

old wallets arent functional, you will know if you have the new wallet as all addresses start with the letter U

thanks got my coin :)

looks like its all running smoothly! ive distributed all IPO coins except 2 holders in which im waiting on addresses.


all blocks confirming and running smoothly

zhanks too got my coin

good news!

now onto the exchanges!

This coin have no POW?

Pure POS, this way we can achieve a rapidly decreasing supply.

no mining pool ?

Its pure POS, this way we can achieve a rapidly decreasing supply.

selling 10,000 XUP for 0.9btc will use trusted escrow if anyone wants in before it hits exchange :)

small update on the OP design, tell us your thoughts.

terrible





whats about Pool mining ?

Please read up.

Are you special-needs or something?  He just said a few posts up that it is POS only.

Coins received, cheers

he ask for mining solo . to move the blockchain ... i ask for Pool ... they say POS only ^^


sry just joking around

Diff is very low, no need for pool.

of course need for pool

hello Placebo how are you ?

Someone somewhere is obviously moving the chain as people are reporting funds are arriving.

Whilst this is a POS coin all POS coins still need to be mined at the beginning to move the block chain until POS takes over, the Dev seems to have this under control and I guess shows he knows what he is doing.

can i get some free coins for mining the Zero blocks ?

RT me :) https://twitter.com/EmperorBaburr/status/645648551792373760
lets get this on the move

Third OP version is better :)

I like the current version, the second version was a bit hard on the eyes.

Cheers, got some tweaking to do here and there. it will most likely get a complete overhaul in the near future.


Thanks everyone for their support in making this IPO a success.


Now back to work for me, currently working on the calculations for the decreasing supply fund, working out better than expected.


Dont forget to throw a few tweets out to @CryptoCurrEncyX and @bBittrexExchange - we might see a dual addition. and add & rt us on twitter: https://twitter.com/UpCoinTeam

good luck .  how much People are involved in your Team ?

Better graphics now on the OP :)

whens XUP getting added to an exchange?

In the works.

premium yobit addition is 0.1btc im sure no one would be complaining if you use 0.1btc from your 7.6btc ico to get it listed there

wonder what the price will start at on exchange

its based on dcr and is probably going to be more effective too, i reckon 15-20k starting price

im guessing yobit will come soon fingers crossed

staking is working nice is everyone staking?

morning all, yes transition to POS was successful, all running smoothly.

RT meow https://twitter.com/EmperorBaburr/status/645934601400004609

yes staking well

any word on an exchange?

UPcoin [XUP] is listed: https://yobit.net/en/trade/XUP/BTC
UPcoin Dice: https://yobit.net/en/dice/XUP

https://yobit.net/i/small_logo.png (https://yobit.net/en/trade/XUP/BTC)

An exchange happy days, agreed nice small orders :)

when are ico funds being released and when ais the strategy being implemented?

so excite when will the firs burn be

All Requirements are met, wallets are functional, all IPO holders have been distributed their coins, and and exchange has been met.


IPO funds should be released soon by MasterChangz, at this stage we will begin using the funds for mining.


Thank you for your support. This is just the start.

holy mother of god someone just brought the entire list from 3k to 25k


thats 10x ipo price, did you say crave?

off to a good start i see  8)


wait until the first burn, then the real fun begins  8)

XUP #giveaway here https://twitter.com/EmperorBaburr/status/646190976193572864

Yes its available for trade on YoBit:
https://yobit.net/en/trade/XUP/BTC (https://yobit.net/en/trade/XUP/BTC)


and id say bittrex within the week, if not, ill make it happen.

I retweet

https://twitter.com/Bitcoinmeister2

hell yeah thats what i like to hear 50ksat hear we come

morning guys.

#2 in volume on YoBit i see, excellent


I have received the IPO funds and we are in the process of purchasing some decent hash!


First burn will be around  24 hours from now. and the purchase will be any time from now until then, to prevent people placing walls the minute before buy up.

I think everyone will be pleasantly surprised at the supply reducing fund we have in store for you guys, its been tweaked for maximum profits. Just think, this time next week the supply will be cut from 200,000 to approx ~170,000. the following week ~140,000. We will have 25% of the current supply in no time at all, one would only guess this would boost the price/market cap ~75% also. Big things heading our way for XUP.



Thank you for your support.

Greetings,


as the requirements have been met.

1. Wallet functional.

2. Coins distributed.

3. XUP on exchange.


ICO funds have been released.


Thank you all for your trusting nature, if you wish to leave me positive trust rating i would be very greatfull.

thanks you did a great job bittrex hear we come

It would b nice if it does go to 50k

i think no problem at all hitting 50k we just warming up  8)

morning all.

good volume on bittrex again today, i see were about 50% above IPO price and solid, even before we have started the burning process, things about to get interesting.

 ??? Bittrex

bittrex is coming somtime this week i think but i feel that is a spelling mistake becasue his mind is on bittrex and getting it listed there

yeah i may have let the cat out of he bag  8)

So trex soon that is very good

Thought I missed the addition lol logged into Bittrex and couldn't find it :)

in the process of creating a block explorer. you guys ready for a burn of suppy?

yes ready

Go for it, interesting to see the supply after this first burn

wow only 1800$$ market cap at 5000 sat holy crap wish i had some btc to buy it up

Burn #001 Information

Morning all!

13445.328 XUP or the equivalent of 0.55 BTC burned to our burn address UPGXukXCjSMkqH2xBNVYtrHg9ZK6huA6xY


Txid: 631e73f619095177a03a14bb079a158fdf37cc06beca10fb591254207dec6329


nice little bonus for you all.

Our burn address is UPGXukXCjSMkqH2xBNVYtrHg9ZK6huA6xY and has been generated then private keys been wiped 14times over with ccleaner. funds are non recoverable.

burns will be daily. much more to come guys.


Thank you for your support.

Nice one, great news and thanks for this cool idea and moving it forward as you said!

supply is now 186,554 out of 200,000 XUP, in just one burn.


i guess that says alot, where will we be in 1 week?  8)

Very interesting idea; for all investors, I hope price will go up eventually.

Where is block explorer  ???

If you read a few pages up, its in progress   :)

I'd like to point out that creating an address and deleting privkeys is in no way how you create a burn address. You just send the coins to an address that doesn't exist, and that doesn't materially have private keys, like
xxxxxBURNxxxADDRESSxxxxx (the length should obviously be like normal addresses.
Edit: sorry for dupe zebedee posted first.

its not just the length, it has to contain certain amount of upper and lower to be compliant, just sending to 1burnaddresforXUP394342394 will not work, the address bar will just go red and say unable to send. tomorrow i will create a new burn address and record it all for proof.

Its VERY easy to do!!! see http://cryptobe.com/address/DBurnAddressDELTACreditsDCR1MHEkpR

not a problem, will work on it for the next burn.

that was a huge burn

morning all  8)


working hard at the decreasing supply fund today, tweaking it for maximum burn.


thinking of using a portion of the funds for arb bot trades, to increase revenue.


also some very positive news,
we have been in touch with one of the largest crypto exchanges known: btc38  8)

wish somone would sell to me at 1450 i have a feeling XUP will do a big launch to 100k

everything takes time i like the dev he is active and has done everything he has said so far

http://188.166.101.91:3001/address/UPGXukXCjSMkqH2xBNVYtrHg9ZK6huA6xY
coins moved from burn address
address also staking so priv key never deleted

Terminator is BUSTED

He never really said he deleted the private keys. He said he was using Ccleaner to wipe them. Probably very clean and shiny after that....

so clean they are magically staking in his wallet

maybe he dont have any plan to realease explorer
or thinkin that those coin will not move when he send
its sad to say but this is a clearly scam
almost all the top in the richlist was her own address generated in the same wallet
http://188.166.101.91:3001/tx/b71145103d2b55a9f1522e3b98582d4e66d18f3157e5dcba8679e7e0ebb2f259 (http://188.166.101.91:3001/tx/b71145103d2b55a9f1522e3b98582d4e66d18f3157e5dcba8679e7e0ebb2f259)

now you can buy cheap coin

it is downcoin...

Update - Sept 24th

Morning all, i see we have a few fudsters here and there trying to bring the coin value down. what has happened was: i used ccleaner to wipe the wrong user/appdata folder, as the keys still exist, this is no problem, no coins were not spent, the coins will be sent to a burn address nominated by the public.


could someone provide a functional burn address.



thank you all for your support.


||UPCOIN||TEAM||2015
https://i.imgur.com/lIrltwc.gif                

you wiped wrong appdata, so coins moved out from burn address on their own :)
this is no fud never was only the truth
anyway, here you are unspendable burn address

http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses

Honest mistake, yeah right, trying to salvage what you can as you can dump all yr coins now!!!

i'LL be Back....

deleting my post is the proof that you are guilty
BTW i will post it again it again until i didnt get better explanation



i dont doubt anyone skill but i will not tolerate those lies

He deleted my post too.  Sketchy

dev could fix the problem and in return as a apology could burn a butt ton of coin properly like alot of the coin supply

Uh... Sorry if I'm horribly dumb, but if there's a decreasing supply, why is the coin going down? Shouldn't the price go up as it gets rarer?

somehow i dont think the Terminator will be back

he asked for a proper burn address why dont one of you guys link him to one and see what happens ? its a long shot but who knows might rectify its self

really?  :D


anyone willing to post a burn address?

you fudders and diehard DCR holders stop your shit and post a burn address, let dev do his thing.

the developer has asked 2 times now for the community to provide a burn address

If you want , you can send all burned coins to my wallet, i will disable the stake and this coins will never go to the market.

ecsrow to avoiding massive spam atack from fudders

I see ,that some devs like AltcoinSteps and his trolls use dirty methods by trolling other coins here and on the Yobit chat.

as a result of it many traders lost their money, market collapsed.

We must stop it

the developer deleted 2 posts that already told him, where he can get burn-adresses

you guys requested a 1BURNXUPADDRESS234 - i want to do it right this time, please nominate one.

you are also on ccex voting list https://c-cex.com/?id=vote

https://bitcointalk.org/index.php?topic=1182202.msg12511576#msg12511576

Here is the thread that goes along with the above link provided by AltcoinSteps

https://bitcointalk.org/index.php?topic=831042.0

you have right some coin owner dont want that xup success, in order to sell their shit coin

dirty method, why is a dirty method making block explorer and publishing that dev stakes burn address and moves coins from it?
many traders, over 90% of XUP is holded by dev, so not that many lol

Can't provide that, but as far as I can understand Earlz linked thread this

https://github.com/upcointeam/XUpCoin/blob/master/src/base58.h line 279

and this

http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses

might make UMz1xPGbHGWacUUtfXefyXWVoJX9Q2kNtF an unspendable address. Now if the chain would be moving...

OK, chain moved and no success in confirming that address for burning. Anyone knows if the Iquidus Explorer marks unspendable addresses?

nope sorry

The truth hurts

hi guys  ;)


hows it all going, im gearing up for the next burn, to the designated address.

nice to see it all running smooth i like your idea of the decreasing supply can i use it as one of my features on the coin im working on ?

your back great i already sold all mine lol

Here is a valid burn address and I have tested it:

Version: 68, Address: UMz1xPGbHGWacUUtfXefyXWVoJX9Q2kNtF

Taken from https://bitcointalk.org/index.php?topic=831042.0

wallet not sync , anybody has addnodes?

LOL no coins are actually getting burned here , was a SCAM from the start and he played you all for a bit more time when caught. Organising his next ICO for more pocket money now.

Terminator no life sign?????

xup is dead

It looks like that, wallet not syncing..

Update |  October 11th 2015
---------------

working on the small wallet issues. also working on the burn, should all be up an running within 48hours with a undependable burnt txid for the last few days of burn.



apologies for the lack of updates. we dedicate to the project from here on out, we have also hired another developer to join the team


big things ahead!  ;)

just noticed the price @300 sats = a 0.59btc market cap or $145 market cap  ;D sending over some btc now, might as well be invested in my own project!


as we only have 198k total coins.

Hope its still also working on thisproject but its nice to see mooving on this coin

The burn proof???

will we see tody a update to the wallet and burn txid

i was thinking about setting up masternodes to keep the network alive, POS nodes which run similar to other masternodes except your reward is based on your uptime/connectivity.


would this be a positive in the community?


|  Burn Information  |

https://i.imgur.com/0OXap0O.png


just burned 3880 coins out of 200,000k total, to the address UMz1xPGbHGWacUUtfXefyXWVoJX9Q2kNtF, i will update coinmarketcap to let them know


the burn address was retrieved from this post: https://bitcointalk.org/index.php?topic=1182202.msg12520608#msg12520608 (https://bitcointalk.org/index.php?topic=1182202.msg12520608#msg12520608)


alot more to come.

my wallet is not syncing , whats that for a shit?

as stated earlier thats being worked on, along with new integration of other features.

any new information to the wallet

Looks more like to was a ICO scam.

Last post of dev October 14, 2015

If there is not response of dev this will be RIP

Deadline -->December 20, 2015.

2 month of life for a coin? come on dev...with 7 btc you can work a little more