Bitcoin Forum

Anything negative said about him is deleted from the self-moderated UTC forums. Please focus on the actions of bumface, which would have landed him in JAIL by now in a gov't regulated market. The people who have bought UTC have already suffered because of his actions, so leave coin bashing out of it please as much as possible.

1) He bought ASICs with IPO money??? Really?
2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.
3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

More will be added. Make no mistake... investors in UTC were SCAMMED! You can post DELETED posts from the UTC thread here as well.

Omg we are being OPPRESSED by Bumface! We need government regulation and to stop these scammers! How dare he stifle my freedumb of speech!

WE MUST RALLY THE TROLLS TO MAKE A POINT! Our voices must be heard! The peoples republic of Bitcointalk forums demands that we imprison Bumface for his crimes against butthurt trolls! For the greater good of the greater number!!

Actually, I think he's right...look at UTC's price!
The asic part is a clear scam, imho.

To be clear, I did not invest anything in UTC, so rapture, son, your defense of bumface is amusing. Also, he WOULD be in prison for the pump-and-dump scheme if he did that on say the stock market in the US. I am not saying government SHOULD put him in prison. Here is a freemarket option to save people from his scam attempts. I know that such a conversation is beyond your level of intelligent thought, so I am speaking more towards anyone else reading this thread. I hate to sound like I'm blaming the victim, but.... enjoy losing more and more of your money.

Ivan, it is fascinating logic, right? We can do it now for any coin.. I'll have a bunch of people give me btc for me to buy SCRYPT asics to prop up the YACoin price and create bounties? Oh my electric bill is $0.4 per kilowatt*hour, and I swear I'll only take enough to pay my electric mining a DIFFERENT coin. Everyone wins!

I don't defend bumface, and I think he's not doing too much these days for the coin but you are really obsessed with him. Who would start a thread to discredit another forum user or a coin founder? Why buying ASICs is such a bad idea? Would it be better to buy GPUs and mine his own coin and then dump it to pay electricity bills? Would that help UTC? I don't think so. If ASICs are scrypt coin killers so why not to kill some? ;)

BTW Yacoin is doing great, new peak every day, please give bumface some advice how to achieve that, you can help each other.

Yes it would. Yes it would. Yes it would.

More mining is a good thing. Get on YACoin and mine and dump it all you want. I beg of you. Mining and HOLDING is good for the short-term price (the idea is that people sell at SOME point, right?), but not necessarily for the volume. For me, YACoin has a volume issue right now, not a price issue. I'm amazed how people think making money from mining and selling is terrible yet trying to make money from speculating is perfectly fine. Mining takes valuable resources.

What happened to bitcoin when sha asics came out? The problem with asics is the corruption of the asic companies. If those companies were reputable and didn't break all kinds of promises, then asics are fine. What is the difference between buying an asic or buying a gpu farm? They both cost money. Some complaints against asics are simply based on people wanting their current hardware to continue to reap benefits from a particular coin.

Perhaps I should post private messages between me and that idiot. Most of the people he has scammed are not bright (nanoprobe and rapture are prime examples), but he has affected some good people too. I don't think this thread constitutes obsession considering his actions, but I had thought some people would find it useful. I'm surprised this thread hadn't already been created as the UTC thread is (very) self-moderated. I would never work with him. His incompetence and lack of understanding of so many things, to include basic human interaction, is unmatched.

the self moderated thing AGAIN: put on a new tune dude, we have stated at the top of the post that its self moderated,if you dont like it, dont go there, all places have rules, you dont go in a restorant and bring your own food,and then whine about it, respect the rules

1) He bought ASICs with IPO money??? Really?

yes really, why cant you be happy that i am re investing that money into the coin, i was well within my right to spend it on a new pc or a holiday to hawaii, since utc was an entrepeneurial endevour. out of all the people involved with starting the coin, i am the only person still involved and i am the only person who is spending his gain on the coin.Power is 29 cent here, and why would i want 10% in mh/s that i would have gotten in GPU`s that i now have in asics???

2) text book manipulation and pump-and-dump - idiotically claimed that decreasing the block reward by a factor of 3 would increase the price per coin by a factor of 3. He tried to ORDER people to remove sell orders until it reached that point.

i never pumpt in my life buddy,i ORDERD nobody to do anything , i simply asked people to stop  selling at a retardedly low price, which is a request that falls under common sense.If you dont know the difference between a request and a demand perhaps you should go back to the kiddie table and leave the grownups alone.

3) lies upon LIES - The title of UTC mentions ultra-fast 6 seconds! UltraCoin has a block confirmation time of 30 seconds (not even the fastest). He copied the YACoin feature of a stake minting checkbox, but he tried to say ULTRACOIN originated the idea.

we never said we invented that you oompaloompa, i even had one of their original devs.


so il add my own for now

4: your gonna make a boohoo i hate utc thread, really?

dont you know how sad this makes you look?

5: dont you have a better way to spend your time? get out of your troll dungeon and go on a date, buy a guitar and learn to play a song. go out there and smell the roses.

Well ain't this just SAD

I currently don't own any UTC but i will say this Bumface is still around and supporting UTC even at it's low
You don't get many Scam artists stick around when the job is done

I think him re-investing the IPO money he made is a good thing for the future of UTC and will bring great rewards

I have done my fair share of trolling in the past in the UTC thread which i regret and i have the up most respect for Bumface and what he will do for UTC

thank you, and you were right, do you think i would go to stockhold and show my face if i wasnt behind this coin, i would have just stayd anonimous

*facepalms* Just....oh dear.

We all know Karpeles, kncminer's and the BFL guy's faces too...

Who gives their money to a guy with the handle bumface… ::)

people who made 21x their investment  :D

Great analogy. Spoken like a true child-dictator. And what are your comments about the other threads not self-moderated?

Oh yea? Did you tell people in the beginning before they invested that you are entitled to spend the IPO all on yourself?

What was I thinking?

Way to ignore the first part. You 'had one of their orginal devs'. No you didn't. Wow, see the power and control complex of this delusional lowlife? I think I know what dev you are talking about, and no you didn't.

Funny thing is he's not trolling but discussing some serious points, without resorting to personal attacks.
How is that trolling?

Well maybe SOME personal attacks...

The only reason this thread exists is because UTC is self-moderated. I wasn't expecting even a handful of people to come on here with 'troll' accusations in defense of bumface. I mean, he is destroying the coin that I assume these losers have invested btc into at a much higher price! It really is a delusional cult with the one goal of preserving the cult. It was well said in personal message: this debacle would be perfect for a sociological study. I'm sure there are steps and symptoms of group-think or cult-like behavior that are perfectly exuded in that thread.

I have a couple of personal messages regarding bumface, but I think the overall consensus is to let the coin die and the idiots who invest in it continue to play into their own scam. It isn't worth the time and energy to even make one post calling out this cancer to society, who I can promise would land himself in jail (for something unrelated) at least in this country. I surely am wasting my time.

With all these people leaving the uTC dev team, there's little hope of recovery.
If only one people leaves, we can guess it's his fault.
This was what happened when ziggy left dev just after the launch.
Official reason was: "time needed to carry on his studies": honorable discharge...
Now we have dcgirl getting out of the team and telling in mild terms that bumface is not really negotiating, but rather imposing his views and not really putting confidence in her.
Then bumface replies and tells some blah blah about that.

I do a reply and question his methods.
Of course every post I send out gets deleted in the minute, so I post them again and again.
Then they say I am making personal attacks. What a joke, there was nothing personal to begin with.

To me the situation is now clear: everyone in the dev team will leave one by one and bumface will be alone pretending that everything's fine whereas it's not going to be the case.
So all the people who invested their money in this scheme are going to lose it. Sadly.

In between, the uTC dev finances go awol: from 100ks at the begining down to almost nothing now and without accountability.
Don't tell me that bumface has not indulged himself in the dev wallet.

How's about the joke of the asic miner he bought to mine "for the uTC"?
This remains to be seen, I'm wondering if he will not mine for himself.
We'll get the confirmation soon, or not.

In short, I suspect bumface of having taken some liberties with his uTC project and uses it as his personal finance generator/piggybank.
For the wouldbe investor: nothing to see here. Please buy it will go up.
The only thing that goes up is the number of chinese who buy by the million a failed coin, which does not (yet) make complete sense to me.
There's something strange going on with this crapcoin.

he's removing comments and questions he wish not to answer and then carries on with his scheme that is to appear as a honorable coin dev.
Actually appearances played in his favor up until dcgirl left.
Then suddenly things started making sense and the crap under the carpet started to magically reappear.

Isn't this lovely when bumface repeatedly says that "uTC is going to rise next <whatever>"?
Always the same excuse, everytime.
And people keep on sleeping.

This bumface is really fit for politics. No doubt about this.

I agree, in fact I was talking about Beave's post, and not Bumface's remarks...he was accused of being a troll for pointing out these same concerns you have.
I mined and dumped the UTC I got long ago, price kept dropping and dropping, being a btc-e trollbox mod doesn't guarantee you can make a good coin...a good scam, maybe? xD

uTC was a disaster on my side, but fortunately it was money I could gamble with.
Now I wish we got all the details concerning bumface's shady behind the scene deals, because there must be quite a lot of them.
An example: his asic miner that should mine to get uTC price higher: do you think a guy who is so close to his money would mine for a community? -I can't picture this.
To me it sounds like he just bought the miner for himself.

All in one, I'm afraid we will never see the books for the uTC debacle and where did the IPO money get. Never.
I challenge bumface to produce an audit report of how the funds were utilized.
I know he won't. Never ever.

So now you admit that the whole idea with this shit coin was only to make ipo stakeholders rich? You are disgrace, man.

If you make the effort of posting something in this thread, this means that we may not be entirely wrong.
Thanks for confirming our suspicions.

That guy is 1000% troll...posts youtube links and random comments.

Whatever he says is completely void of substance and does not bring any element to the debate.
Anyway, people reading this thread will easily sort out by themselves who's a troll and who isn't.

+1111

I would say these guys are getting what the deserve with the way the UTC price is going. But sadly, how much money do you think these rejects had to invest in UTC anyway? Perhaps they are wasting their allowance from their parents

bumface is not a teenager though. He he a grown man. We know only because he has a video of him talking about ultracoin in some interview. I'm sure he could care less what happens to the price at this point.

"Whatever he says is completely void of substance and does not bring any element to the debate.
Anyway, people reading this thread will easily sort out by themselves who's a troll and who isn't."

Muh sides!!

http://puu.sh/99Bch/3ca510075d.png
http://puu.sh/99Bak/e49ebea1f8.png
http://puu.sh/99B89/d7cb3515a2.png
http://puu.sh/99B4r/33a9713f33.png
http://puu.sh/99B2X/80aa5272f1.png
http://puu.sh/99AVl/23b0d81c81.png
http://puu.sh/99ASS/eac03a1478.png

You're right, let the people decide. And honestly, some of you do have great points. But, the way you went about expressing them, is hilarious. I don't know if its because you're blinded by anger and can't make a coherent comment without bringing somebody down and sounding like a drunken sailor or if you just act this way by default, but it doesn't really help your cause...

ohhhhh I'm sorry. Do you think that was a threat to your life? I meant you would die like Darwin Awards style you idiot. I wouldn't even call to put you in jail--government regulation would do that; I wouldn't harm you if I could--you would do a better job doing that yourself. And yes, I imagine your future is very, very dim. It is called KARMA.

Far from embarrassing my poor self, this deserves an explanation and there you go:
Consider these were the days when I still had some trust in bumface.
After dcgirl's last message I felt like I had to reconsider things, and I did: bumface is a fraud.
Anything else you would like to know about my intimate life?

If this is true.. Why is he MOD?

I have no dog in this fight, but this is 100% a legitimate threat on his life. You saying "JK" afterwards doesn't change that fact. Any court of law would find you guilty of Penal Code 422, Criminal Threats - and charge you with a felony that supports a 3 year max sentence. You posted it on a public forum with witnesses, so you can't claim hearsay. Also, you could be hit with a civil libel suit, since you clearly meant to tarnish/defame his character, and you did it in writing.

The more you know...

Oh yea? Exactly how is that a threat on his life? He got 'f*&*(#d' by me creating this thread. He cannot self-moderate like he did in the UTC thread. Does it make ANY sense to tell him he will be in jail if I don't harm him? If that was the case, I would be in jail before him you moron. UTC will die completely because of bumface. Do not interject when you know nothing about law. Look up what defamation means.. he is a scam-artist. Do you think I am making that up to 'defame' him?  BTW that was a private message, but I wouldn't expect you to understand that either although you have 462 posts? Unbelievable.

Check out the threats made to 'hunt me down' by other people btw. I will be contacting the appropriate authorities once they give me their information. Judging by their poor English, I imagine they are in a different country, but at least, it will be pointed out. I'm amazed how many people need to be taught right from wrong. I'm amazed how many uneducated people feel it necessary to interject on a subject they know nothing about.

Again, your intent doesn't matter. It's about what the victim feels.

Here's the criteria:
a.that person is thereby placed in a state of reasonably sustained fear for his/her safety or for the safety of his/her immediate family,
b.the threat is specific and unequivocal and
c.you communicate the threat verbally, in writing, or via an electronically transmitted device.

Yes, I do know a fair share about the law. I wouldn't be any good at what I do for a living if I didn't. Also, it being a private message does not matter one bit. Private messages are open to moderators and admins by default, and hackers/phishers by extension. Those constitute the needed witnesses stated above. You can lash out at me all you want, I was just trying to keep you from doing anything else stupid. I kind of feel I just wasted finger dexterity, but hopefully you prove me wrong.

Also, I have 11656 posts now!

lol you are a pathetic loser of a lawyer if that is what you are suggesting--I doubt that though. There are a lot of dumb lawyers out there btw. Didn't you already just waste hundreds of dollars of your time? Oh but thank you for looking out for me... really? Tell me about jurisdiction. Send me the ACTUAL code, and I will point it out clearly to you and TEACH YOU something. You clearly don't know defamation/libel--intent DOES matter with those. Just to play along a bit... I'm sorry, what specific threat did I make? "You will be in jail soon if you aren't dead"? Tell me, how is that specific at all? It mentioned the word dead? Besides, I've said multiple times already that it wasn't a threat to harm him before any moron like you suggested criminal threat. Give me a case somewhat similar. School is in session.

"You posted it on a public forum"--I did not. Now you say that it doesn't matter. Why did you say that to begin with? Do you say 'JK' now?

I like how you ignore the part about the threats against me, which were made before bumface posted the private message. If you have a career anyway related to any legal system, I suggest you keep that to yourself and save the embarrassment especially after I school you on the law. I am not a lawyer btw thank god. Give me the actual law and the case example.

EDIT: Forget everything I said about you being a lawyer. I just read you are a "family of estate auction hunters". Really? GTFO

EDIT2: You cited Penal Code 422, which is um California. Well done. Thanks for playing.

Let's do a quick recap:

 - so far at least 3 devs have left with or without explanations,

 - bumface seldom puts facts in my opinion. Whenever he says that he supported the introduction on exchanges by buying votes, I am slightly surprised because in my memories he did mention he wouldn't because he's got other "very important" things to do etc. etc. with dev money. I'd like someone to point out his contributions there.

Well actually he did put 0.06btc because his money was "locked up":
https://bitcointalk.org/index.php?topic=413978.msg5543411#msg5543411

That's enough to arise questions, if of suspicions on my side: bumface seems always willing to put himself in a good perspective after the fact (re-read the exchange with dcgirl leaving and you'll figure it out by yourselves). This kind of behavior is not really efficient economically speaking.

Meanwhile, uTC goes down the drain despite the victory hailed by the thread. Let's call it bad conjuncture and let's hope for the best.

...Kettle black... LOL

Yeah, whatever. I almost shitted my pants.
BTW, what's the uTC price today?

Now bumface is getting his ROI for himself on the SCRYPT asics before even mining on UTC's SCRYPT multipool. Again, he could have taken the money and gone on vacation like the other IPO scams, so everyone who WILL LIKELY NEVER GET ROI BACK actually OWES him gratitude. Oh and they should point their miners toward the multipool which he won't even do.

When I walk down the street, I mean everyone owes me for not punching them in the face because I could very well do it and people have done it before, even if I specifically tell people I won't punch them, but then I slap them instead. I hope I made that analogy clear because it really is the same reasoning.

It is unbelievable. The cult coin will continue.

BTW bumface, you realize it will help UTC even if you mine and then dump for btc-->dollars? You will create volume and attention and support the multipools that your followers created because they believe in the coin you founded...

Boy, the bumface's got 150k uTC in his wallet: 100k from IPO and 50k he admittedly bought after the IPO. For what price we may never know, albeit possibly in the 0.0001-0.0002 range which seems already completely out of reach.
This said at the current price level this amounts to 3-3.5BTC overall (to be put in perspective with the 10BTC approx he might have invested in purchasing newer coins; we call this a sunken investment/net loss/etc.). Poor bumface. Sure as hell he'd like his coin to rise so he could dump. Instead he's going to have to wait quite a while for this to happen.

There are so many chinese who bought lower than him and in greater amounts that I don't see it happening next week or even next year. Strange as chinese seem to take over every other crypto by storm those days. I thought they had no more money left.

What was the name again? -Bagholder? these guys who believe in bumface are going to baghold for a while, a long long long while.
Because in the end what matters is adoption. And this coin is not going to make such a significant breakthrough that it would suddenly replace LTC or other newer coins like DRK, X11 etc. who are anyway going to have a lifecycle of their own.
In other terms, there is no significant chance that this coin rises again in the future and some people know it better than others...

...this tread is just a very bad two-man cabaret show without any audience  ;)

Please look in the mirror beave and azerbaidjan and see how pathetic you are !

LOL ...

Here a picture of beavy and azerbaidjan....

Look at their troll faces  :P

https://i.imgur.com/vDQ2QGi.gif

     <-- beavy                                                azerbaidjan --->

God I wish you would find me in person for real. Bumface is out of UTC now thank god. Rest assured he will mine with those scrypt asics allllll for his miserable self. I hope it does well now, but there are a handful of little worthless psychos like RichardMiner, nanoprobe, Thiago, utcminer, ultrasmart that still scare intelligent, wealthy people away. You should all get off on the fact that I mentioned you, really.

I have yet to hear from Rawted. What are you 60 yo? And you know so little about basic stuff like jurisdiction? It is so depressing that all of your life has been such a waste. I'm guessing your kids don't look at your help for homework. I hope for their sake they don't. Depressing.

Hmmmmm.
Spend the proceeds of a pre-sale on miners to bring in BTC to assist in the hyper-inflation of the market.
Now there's an idea.

I love the pics you sent out, and yes, I do really look like that. How did you guess?
And 2 sad cabaret dancers without audience? really? so what are you doing here poor little boy?
feeling lost or attracted to us?
Just go and ask the bumface if his personal business takes off decently.

Sorry....I have a crush on you dear, because you are a real Trailer Trash Troll ! (Just joking)

But I love it that you are so smart.... euhhhhh sorry, I mean that you are so dump that you not even se that nobody is following you.

You are alone with your twin troll brother Beavy Budhead. All alone.

Nobody is giving you any sort of respect.....

You make you're self just ridiculous dude. Again and again ...

Don't you get it smart troll ???

I am your only "follower"  hahahah

you're a good decerebrated buddy little boy.
I wouldn't believe you would do us this favor out of courtesy, but rather out of rage.
Rage is something that eats up your best judgement as well as your analytical capabilities.
And while you're raging like the frustrated chap you are, you just sorely miss on the opportunity to sell your uTC before it goes even lower.
Seriously, do you believe you will end up holding millions with this shitcoin?
Will you blame us for your fault after? -Would be funny.
ciao regazza.