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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: May 05, 2015, 08:12:10 PM
What mining software are you using?

No matter how I try to mine this. All I get is either nothing or HW errors.
This are my settings:
280X,280X,270,280X,280X
"rawintensity" : "1280,1280,960,1280,1280",
"vectors": "1,1,1,1,1",
"worksize" : "128,128,128,128,128",
"lookup-gap" : "8,8,8,8,8",
"gpu-threads" : "1,1,1,1,1",
"thread-concurrency" : "168192,172032,112640,172032,172032",
"gpu-engine" : "1035-1035,1035-1035,1030-1030,1020-1020,1035-1035",
"gpu-fan" : "30-87,30-87,0-87,30-87,30-87",
"gpu-memclock" : "1500,1500,1400,1500,1500",
"gpu-powertune" : "20,20,20,20,20",
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 23, 2015, 02:18:34 PM

   
Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions!
April 21, 2015, 07:42:50 PM
Reply with quote  #2380
Right now we're in talks for locking down the N-Factor, either revert back to N-Factor 14 or stay on 15 (the higher the N-Factor the better the power consumption/efficiency). We would also like to see a 1/3rd reduction in the inflation rate, by curbing inflation and keeping the coin minable and effecient for GPU miners, we will be locking in a very important niche in GPU mining, especially Scrypt-ChaCha mining. An ASIC reistant, established and energy effecient cryptocurrency with both investors (stake minting) and miners in mind. Economically, this will sustain the long term growth of the coin, not to mention stabilize the price. We were planning on doing an N-Factor stall for a long time, but hesitsted do to some negative feedback, however we are more confident then ever that now is the time to lock in the N-Factor, it is also the perfect opportunity to hit the brakes on inflation. Due to the next N-Factor increase taking place so soon (April 29th), we won't have enough time to implement the change, have it tested, and have all the exchanges updated in time. Instead we are going to have to endure the N-Factor update, make the necessary changes to the wallet, and then implement the change at a specific block height which should give us enough time to update all of our wallets as well as the ones on the exchanges. I believe this move will put Ultracoin in a very unique and well desired position compared to our closest competition.

Sincerely,

Steven "Rapture"
Management Director
Steven@Ultracoin.net

Any updates coming?
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 22, 2015, 07:50:54 PM
24h sales only on Cryptsy
UTC/BTC   UltraCoin   2.22 BTC   0.00000851   0.00001100 BTC   0.00000678 BTC

Yep its already starting  Cheesy

Another pump to 10k sats?!

That would be a beautiful thing.  I would take even 5,000 sat.
Gonna be no problem, it's already starting  Shocked
https://bittrex.com/Market/Index?MarketName=BTC-UTC

But anyone can still get in now  Cool

While it's nice to see the price rise there needs to be way more volume to sustain any appreciable uptrend. .34 BTC will not get the job done.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 22, 2015, 07:19:42 PM
buy now or buy later but you get more now!  Wink

Another pump to 10k sats?!

That would be a beautiful thing.  I would take even 5,000 sat.
Gonna be no problem, it's already starting  Shocked
https://bittrex.com/Market/Index?MarketName=BTC-UTC

But anyone can still get in now  Cool
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 22, 2015, 11:32:04 AM
Ohh You have UTC fever. OMG  Grin

Does anyone think that if the coin supply doubles that the price per UTC must half?
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 21, 2015, 10:08:12 PM
Agree, just my thought with better English  Grin

Dev team thanks for update. Now we are talking. UTC is back to business.  Cheesy

buy now or buy later but you get more now!

That sounds excellent.  I think it is obvious my vote is for NFactor15.  I think it's the sweet spot that uses minimal power and thus generates less heat in the house and it is still OK to mine with 2GB cards and excels with low end 4GB cards.  

A very nice niche!  
  • It is relatively affordable to get into for miners since equipment is much cheaper
  • It is less susceptible to the arms-race effect than algos that favour the best equipment create
  • The much lower amount of heat generated from your miners means MUCH less complaining from spouse
Grin
167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 21, 2015, 08:30:26 AM
Yes indeed this coin is going to be BIG  Cheesy
We are going to right way. Still dev team could wake up.

 Cheesy

This coin is going to be BIG Wink
Based on?
You'll see, if you don't know already
I've been here since the very beginning so please enlighten me as to what I'm not seeing.

Well the price is going up? Quite steadily.

Double in 2-3 weeks - thats not too bad.

Time will tell the story...................

Thats what I can see.


168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 13, 2015, 09:05:37 AM
You are rigth.  Cheesy

Well, who cares...now someone else got them instead  Smiley

Maybe pugman?

is Paul and that other guy still on the team? was the big dump paul? i cant think who else had 2 million UTC.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 12, 2015, 07:18:39 PM
Maybe pugman?

is Paul and that other guy still on the team? was the big dump paul? i cant think who else had 2 million UTC.
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 09, 2015, 12:50:03 PM
Mhh 4 weeks..just looking message before yours.

You are right daily updates are vital and dev team should look to mirror and learn something.

Idont know rest of dev team but Kracko is working for UTC almost round a clock. So dont say something what is not true.
" Im out" I am so glad for you and I thanks cheap coins.   Cheesy

As PaulR1 said when he was ousting Bumface "daily updates are vital". The ultracoin team haven't wrote anythin for nearly 4 weeks!! And you want people to invest in your coin! Seriously! You haven't even done what you said in your statement when you took over the coin. Physical ultracoin creditcards!? "Pouring your heart and soul into UTC" I bet you don't even spend 2 hours week between the 6 of you into UTC. So glad im out. Such a shame for all the investors u fooled into buying UTC
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 07, 2015, 05:54:11 AM
Up about 50 % Cheesy  Shocked
start 465 to 696

UltraCoin is starting to move  Shocked


What, up 10%?  That's a mere burb in cryptoland.
It's moved more than that but more importantly it's a steal right now since it can easily rise WAY past that. Easy %%% on this one soon.
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: April 04, 2015, 06:28:25 AM
Its this UltraCoin.  Smiley


So there are 2 UltraCoins?

I saw a UltraCoin speaker at some big crypto/Bitcoin event, was that from this UltraCoin?  That's really the biggest reason I bought some UTC.  I hope I didn't buy the wrong UltraCoin.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 31, 2015, 04:18:44 PM
If that is the way handling you investing...good luck.

This coin is everyone coin. Do you think that dev team is working only for you. Do you pay them? This coin or any coin will not succeed anymore without community. If this community will just wait something happens, you can wait 100 year and nothing happend...

 
What did I do for their coin?  I bought $15000 worth. Isn't that enough?  If they got another 100  people to do the same UTC would have a much healthier marketcap. I'm an investor not a campaigner/blogger/innovator. My investment is more than enough.

I invested time, electric and resources mining the coin last year. That was more than enough for me too.


174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 31, 2015, 04:17:24 PM
Not so many days ago.

"
I am interested in starting an open discussion concerning lowering inflation while still rewarding miners for supporting the network, Kracko had also suggested suspending Ultracoin at our current N-Factor. This would set us a part from the rest of the Scrypt-ChaCha pack, while remaining ASIC resistant we can still attract GPU miners while remaining extremely energy efficient. One major concern with Scrypt-ChaCha has always been block size, and I do not believe any Scrypt-ChaCha coin has considered the logical conclusion of higher N-Factors and their effect on blockchain load time. One issue with our 30 second blocktime was the amount of time the headers took to load the blockchain on a fresh installation. Years from now, the blockchain bloat would be enormous, especially considering the blocktime, this played a major factor into the change to a 60 second blocktime. If we suspended at N15 with a lower inflation rate (translated lower block reward), we could potentially decrease supply, thus raising price while simultaneously making us unique by not having the ever increasing N-Factors which would result in less block chain bloat and GPU tweaking. We would still be in a favorable position to receive miners from other coins with increased ASIC presence while giving our current miners a break from tweaking miner settings.

The dev team will be holding a meeting this week on our plans moving forward, I believe that more frequent updates will be necessary. The truth is, Kracko has a lot of work on his hands and things have been progressing slower than previously planned, but they are progressing. With the impending release of the one click miner along with other updates, we are continuing our work on the development side of Ultracoin. I do ask the community to help step up to the plate with any ideas, suggestions and concerns. We are a small development team but we are doing everything we can to put the communities needs first, however we do ask for the community to become an active participant in the process as other great cryptocurrency communities have. Ultracoin can be a success, if you want it.

Sincerely,

Steven "Rapture"
Management Director
Steven@Ultracoin.net
Ultracoin "

Why this coin is so cheap?  Shocked

Is development still happening?  Roll Eyes

Nothing notable has happened for ages.

Anyone who says anything negative is labeled a troll and assigned a voodoo doll and then gets their posts deleted.  Anyone who asks what the dev team do/are doing, prompts a raft of replies telling us we should do more.

All bagholders can do now is hope the market conditions favour/invite a pump at some point in the future.




175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 30, 2015, 11:09:47 AM
You are so right.  Smiley


...all are wining and crying and only point to the Dev team.

But if you all look deep in the mirror and ask your self serious "what have i done lately for UTC Huh" Then probably you have to admit you did dent do anything serious to help UTC the last 6 months.

As follow;

You did dent promoot (enough) UTC arround in the wide world!
You did dent helped UTC in any professional way and did dent offer help to the dev team!
You did dent spent your UTC and shopped with it but act like you are Dagobert Duck and keep your UTC in your wallet!
You did expect that the dev team would do and arrange everything while you was sitting on your lacy bum!
You did nothing more then only wining, crying, talking negative and being a non helper !

So now you looked in the mirror seriously you still point at the dev team???

You had to ask yourself this before , but you did dent :

"Dont ask what UTC can do for you... but ask what you can do for UTC ".....


176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 18, 2015, 07:04:02 AM
Sorry to hear that but this coin is not dying. I see this as new good opportunity. This will lead to new begin for community and UTC. UTC have good dev team and something nice is coming .
This community will work harder.

Succeed is near. We need hard work and positive thinking.  Cheesy




Someone explain this to me.  Nearly 30 million ultra coins out, which is a lot in my book.  Huge inflation [i think it should be cut back [ASAP], by a lot, a la darkcoin and many other successful alts].

Yet, when the price was around 3,000 sat about a month ago I could hardly find any Ultra coins to buy.

The supply was so tight, I actually had to pay 3,000 sat for about 25,000 coins, just to diversify, cause I liked some of what I was seeing in the dev team.

And I watched the coin for a couple weeks and it was rock solid.  All this huge inflation wasn't pushing the coin down at all, no coins for sale in any large blocks.

Then all of a sudden, about 2 weeks ago:  IMPLOSION!

So what happened there?  Did some insider call it quits and dump a few million ultra coins? Has there been a material change within the dev team and future plans?

Is this just more crypto manipulation so insiders can buy it all up before they pump huge amounts of resources, time and money into Ultra?

Why is Ultra so cheap all of a sudden and also tons of huge blocks for sale?  Any insight would be much appreciated!

Cheers!

Sorry to hear that. Unfortunately, the truth is that this coin is dying. It only had speed going for it, to begin with, and now speed is simply irrelevant, therefore there's no reason for it to survive. No one wants it and everyone that had (cheap or free -via mining-) coins, wants out. Therefore, what you call "IMPLOSION". iT IS MORE THAN ANYTHING LIQUIDATION, PEOPLE GETTING OUT AT ANY PRICE THEY CAN GET. I believe it is over for UTC and price will continue sliding down, with a remote possibility of maybe a hic up or two on way to oblivion.

Like NAUT.
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 18, 2015, 06:00:12 AM
We need positive drive.  Cheesy



Agree that we have to get the community working together again - its a bit thin on the ground lately.

When I say "community" I mean the general UTC holders, management team and devs.

Communication needs to ramp up a bit - we are all in the dark and its unnerving for most - one reason for the abysmal price slide.

There needs to be some updates on progress and regular communications again.  If Steven is too busy perhaps someone else in the management team give us updates for a while?

Sure we need use in commerce - but thats far off in the future at present - not many alts have this.  To get use we need useful and attractive features - and a reasonable price or we need to trade a mil to but a Vape kit on CoinPayments. We need to position UTC for future use - choose some target market uses - sell the vision and deliver.  Regular updates are required to keep the followers glued to the coin, the roadmap and the vision.

The dump of more than 2 mill has almost brought most holders to desperation stage - which I tend to think the reason for the dumps were. 

Somebody wants to destroy the price to own UTC.

The dumps are deliberate and staged. The visits from our favourite little voodoo dolls imply a rehearsed strategy to break the price.  They are not IMO someone trying to get BTC recovered (if they had that many UTC they would be a little smarter hopefully and extract BTC with a better strategy) - they are designed just to take the price down in steps. The dolls FUD just adds to the effect of the dumps.

Still consider one likely scenario - the dumper/s sold to themselves !! It happened before when the price was flying high.

I am never selling - and still buying on each step down. Hope some of you others are?  We might end up being the new "owners" if we are not too careful. Not all that bad.

So please keep the dumps up.  Its like an early Xmas.

But at some stage - one way or another - the phoenix will rise again.








Id like to know who had $2million Ultracoin which was dumped at the start of March? I find this rather alarming and it coincide with the last time the Ultracoin Team tweeted. Was it a member of the 'management team'? Who would own sooo much UTC? I own a lot but 2 million is am alarming number!!


Is there any good news coming soon or updates? Last year i spend 2 hours a night on Cryptsy for 3 months telling people about UTC and because of me and others doing this people became aware of UTC and joined the community and bought it! If we could coincide doing this again with some positive news we can attract new buyers easily. It just takes a little involvement and organisation.

178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 12, 2015, 12:37:57 PM
Ignore is your friend. Quoting them only makes them a more annoying troll.

I know. You're right.  It's like stepping in a pile of crap and tracking it into the house.  I decided to take your advice.   I now have my first troll added to ignore.

Same here. First troll added to ignore  Cheesy
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 10, 2015, 12:08:13 PM
Beave162 You have always be in this group "Its so strange here have been from start group of people who don't want anything than something bad to UTC, what they are fearing? "

I was fan of Yacoin at the past but not for the long time because of you. You have always talk bullshit of UTC. Stay a way from here. Go to yac forum.

I don't understand your broken English. Listen to me, and you might learn something. I honestly did not think you meant that 1 min block times translated to some sort of 'fast' or instant transaction through the blockchain? But apparently you do think that? If you do, YACoin is better off without you I promise. Lack of education and understanding is the best way to scare off real investors.

Yeah I am so sorry of my english.

Still this coin is fast enough for use like debit card, not too long waiting time.

"Lack of edu... " There just that what i mean..you just proved my words.

Of course I could visit Yac forum but I don't want to go so low like you are doing.
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! on: March 09, 2015, 06:53:24 PM
Beave162 You have always be in this group "Its so strange here have been from start group of people who don't want anything than something bad to UTC, what they are fearing? "

I was fan of Yacoin at the past but not for the long time because of you. You have always talk bullshit of UTC. Stay a way from here. Go to yac forum.
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