Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Last1212 on February 02, 2014, 11:38:14 AM



Title: [ANN] Unofficial UltraCoin (UTC) thread - without dev moderation
Post by: Last1212 on February 02, 2014, 11:38:14 AM
1. Developers premined >2000000 coins (more than 2%)
2. Bad start - without nodes and miner parameters.
3. No pools for more than 1.5 hours after launch
4. Selfmoderated thread for that coin.

I think devs made this coin for self profit only. They use their privileges on crypto-trade exchange to list it on 7 Feb 2014. I think that this coin is unfair and made for devs purposes only. Just want to let you know.

Here is some info about coin:

Public premine distribution ledger:
 
-1.600.000 UTC are available to purchase by any potential stakeholder (Please view stakeholders proposition below.) in an open bidding system with a minimum bid of 0.00005BTC (They started sell before launch!) - They received 80 BTC from that premine already!!!
 
 
-100.000 UTC go to partner 1:Ziggy (dev)                                                                                                                    
 
-100.000 UTC go to partner 2:bumface (founder)                                                                                                                
 
 
-100.000 UTC go to our professional external consultant. (as well as 5 btc)                        
 
-100.000 UTC go to rewards for jobs done by any capable developer, for example: making an android wallet, or making a working  
mining pool with real-time API data link to our main website. (also btc rewards)


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: MaGNeT on February 02, 2014, 11:41:45 AM
I agree, it's nothing more than a premined pump & dump scam.

My post was deleted from the original topic by the OP, I posted it 2 times more, they can't stop me :)




Stop this scamcoin from being listed on Crypto-Trade exchange!
They have pre-mined 2,000,000 UTC and will dump them at you at feb 7!

Post here to make sure UltraCoin doesn't get listed on this exchange!
https://crypto-trade.com/news/47




Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: MaGNeT on February 02, 2014, 11:42:45 AM
And imagine those guys (bumface / koolio) working at BTC-E... Says a lot about that exchange...


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: Last1212 on February 02, 2014, 11:46:10 AM
And imagine those guys (bumface / koolio) working at BTC-E... Says a lot about that exchange...

Well, they are moderators only. Btc-e is good exchange, maybe btc-e developers don't know about this guys and their coin.


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: MaGNeT on February 02, 2014, 11:47:02 AM
And imagine those guys (bumface / koolio) working at BTC-E... Says a lot about that exchange...

Well, they are moderators only. Btc-e is good exchange, maybe btc-e developers don't know about this guys and their coin.

I'll ask BTC-E about it. I know they don't respond very quick but I'll wait.


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: Last1212 on February 02, 2014, 12:12:24 PM
I have left this message in UTC thread and it was deleted:

Quote
Probably BTC-E don't know anything about this coin. This coin isn't connected with BTC-E in anyway. You may send them e-mail, give them a link and ask them about it. Devs use their positions on that exchange to advertise coin that is all.

That indirectly confirms that BTC-E don't know anything about that coin. Using BTC-E name for advertising coin is illegitimately. Will wait what BTC-E answer on the message of MaGNeT.


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: Del137 on February 02, 2014, 12:14:02 PM
Well, coin hard to respect, indeed, i prefer honest MRC


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: Last1212 on February 03, 2014, 11:22:01 AM
Devs moderate thread and delete all posts that have info about coin :D


Title: Re: [ANN] Unofficial UltraCoin (UTC) thread - without dev moderation
Post by: BitCoinNutJob on February 03, 2014, 11:39:26 AM

Complain to BTC-e.  Hopefully something gets done.


Title: Re: [ANN] Unofficial UltraCoin (UTC) thread - without dev moderation
Post by: Last1212 on February 06, 2014, 05:48:37 AM
Bump. Just want people to read this thread before buying UTC.


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: bumface on February 10, 2014, 02:04:57 PM
I have left this message in UTC thread and it was deleted:

Quote
Probably BTC-E don't know anything about this coin. This coin isn't connected with BTC-E in anyway. You may send them e-mail, give them a link and ask them about it. Devs use their positions on that exchange to advertise coin that is all.

That indirectly confirms that BTC-E don't know anything about that coin. Using BTC-E name for advertising coin is illegitimately. Will wait what BTC-E answer on the message of MaGNeT.


QUOTE from the original post

"You may know me (bumface) as a chat moderator on btc-e, however i would like to emphasize the fact that this coin is not an affiliate of btc-e, but a personal endeavour with a proper team. "

https://bitcointalk.org/index.php?topic=413978.0 (https://bitcointalk.org/index.php?topic=413978.0)

The launch was a bit rough, but now UTC is going strong...

after 10 days:

"difficulty"       : 30.91735021
coinmarketcap : 2139035.99 USD
Estimated network hashrate: 7904 MH/s
investors  have gainfactor 20,34 on their investment. (investores paid 0.00005, 1 utc is now 0.001017,)
Listed on http://coinmarketcap.com/ ,23rd place of ALL crypto currencys on earth ( price to low, becasue they are using coinmarket.io api)



Resources:

coinsupply:http://supply.ultracoin.net/ (http://supply.ultracoin.net/)
Blockexplorer: http://bitgo.pw:3731/chain/Ultracoin (http://bitgo.pw:3731/chain/Ultracoin)
announcement: https://bitcointalk.org/index.php?topic=413978.0 (https://bitcointalk.org/index.php?topic=413978.0)
twitter: https://twitter.com/official_utc (https://twitter.com/official_utc)
http://www.reddit.com/r/official_utc/ (http://www.reddit.com/r/official_utc/)
IRC: #ultracoin

Team UTC  :D


Title: Re: UltraCoin (UTC) and Crypto-trade tries to fool people
Post by: Last1212 on February 10, 2014, 04:43:05 PM
I have left this message in UTC thread and it was deleted:

Quote
Probably BTC-E don't know anything about this coin. This coin isn't connected with BTC-E in anyway. You may send them e-mail, give them a link and ask them about it. Devs use their positions on that exchange to advertise coin that is all.

That indirectly confirms that BTC-E don't know anything about that coin. Using BTC-E name for advertising coin is illegitimately. Will wait what BTC-E answer on the message of MaGNeT.


QUOTE from the original post

"You may know me (bumface) as a chat moderator on btc-e, however i would like to emphasize the fact that this coin is not an affiliate of btc-e, but a personal endeavour with a proper team. "

https://bitcointalk.org/index.php?topic=413978.0 (https://bitcointalk.org/index.php?topic=413978.0)

The launch was a bit rough, but now UTC is going strong...

after 10 days:

"difficulty"       : 30.91735021
coinmarketcap : 2139035.99 USD
Estimated network hashrate: 7904 MH/s
investors  have gainfactor 20,34 on their investment. (investores paid 0.00005, 1 utc is now 0.001017,)
Listed on http://coinmarketcap.com/ ,23rd place of ALL crypto currencys on earth ( price to low, becasue they are using coinmarket.io api)



Resources:

coinsupply:http://supply.ultracoin.net/ (http://supply.ultracoin.net/)
Blockexplorer: http://bitgo.pw:3731/chain/Ultracoin (http://bitgo.pw:3731/chain/Ultracoin)
announcement: https://bitcointalk.org/index.php?topic=413978.0 (https://bitcointalk.org/index.php?topic=413978.0)
twitter: https://twitter.com/official_utc (https://twitter.com/official_utc)
http://www.reddit.com/r/official_utc/ (http://www.reddit.com/r/official_utc/)
IRC: #ultracoin

Team UTC  :D


Oh, hello! Read OP! ;)


Title: Re: [ANN] Unofficial UltraCoin (UTC) thread - without dev moderation
Post by: AizenSou on February 10, 2014, 05:32:37 PM
Thanks for the info. I dumped all my UTCs.
I believe you guys saying the truth, but IMHO, whatever scam coin or 100% premined coin, as long as enough hype for the coin, they will go strong.
Look at Maxcoin, true pump and dump coin, but as long as people making profit, they don't care.

Just bad for some investors who jumped in too early.