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I don't know what "experts" in the crypto field you spoke to, but you only heard what you wanted to or were fed bad advice. PoS with a 7 day minimum coin age is a disaster waiting to happen
The only thing able to save ANY coin now is the ability to SPEND it!
"Hey, we're full PoS! The only way you can get it is to buy some from us!"
"Why do I want to buy it?"
"Because you need to get it while the price is still low!"
"Why?"
"Because our multipool is going to be buying it all up!"
"What are they doing with the UTC they buy?"
"...selling it to you, dear investor!"
"Why do I want it again?"
"So you can hold and sell it to other investors."
"This sounds like a pyramid scheme."
Thankyou, that's (almost, but with much less swearing, I'm Scots, I can't help it ffs  ) the conversation I imagined. But that is exactly the problem. There is NO reason to buy UTC but none of you get it. Same as pretty much ALL the alts, so stop crying about UTC. Until there is wide merchant acceptance with someway for those merchants to be guaranteed their $ return on those coins, you can call me all the names under the sun, you can all put me on ignore, but the fact is, all you are doing is burying your heads in the sand. Guaranteed fail unless you grow some balls and take some man up pills and get out there and give merchants GOOD reason to use your product! There aint no magic pot of gold at the end of the rainbow nor are there any Unicorns........ This isn't primary school girls, this is real life, it's hard, deal with it @Bumface, if I can recall the names straight off the top of my head now from the Trollbox. I suggest you refrain from calling me a liar........... http://trollboxarchive.com/search/all/fabietech?http://trollboxarchive.com/search/all/Paulgr? |
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My post was directed to king_pin, as this was nothing but FUD and accusations without any arguments to manifest what he said. This king_pin sets himself completely sidelined with stupid accusations without any proof. King_pin shows here that he is 100% unreliable and just an enemy of UTC. People like that must been seen as dangerous trollers and must be put on the ignore list. And then about this mr. flobdeth. Also somebody who is unreliable. He put on is tread a view hours ago some hard accusations to the management team. Still he did dent come up with good arguments or proof. Another candidate troller to put on the ignore list. Who appointed you the thought police? I am so glad you're my judge jury and executioner, all hail and bow down, here take my sword to cut off my head. I'm such a bad troll asking questions about the future of your investment. Keep wandering about with your eyes shut. You may do us a favour and wander off a cliff. Hey, my money is safe elsewhere, all this shows me are BIG RED FLAGS when people can't even answer simple questions, so, I suggest you get back under your own pebble and come back at me once you've grown a few hairs. I invested heavily in this coin before, I sold upon lots of reasons I have kept an eye on it, that is no crime. To satiate Mr Marnie, who clearly has no mind of his own and can only regurgitate what other thought police tell him, this is commonly known as a " discussion" Quote: dis·cus·sion
noun
the action or process of talking about something, typically in order to reach a decision or to exchange ideas.
"the proposals are not a blueprint but ideas for discussion"
a conversation or debate about a certain topic.Red flag 1: Changing the block reward (though I agreed mostly with difficulty changes for longevity reasoning) Red flag 2: Hearing about secret emails involving 13(?) IPO members (how much truth there were in them, I don't know) so that is invalid, merely hearsay and conjecture, but that made me stop and think. I don't want to post what I heard here, but I'm sure the IPO holders may have an idea what I'm on about (6 months?) Red flag 3: Never are the team open to answering questions unless it's nonsensical or trivial or posting posts exactly as you have there! Red flag 4: Bumface, sold his IPO and bought asics!" (I understand your reasoning, I don't agree with it and that's my prerogative and made me think you were looking for ways out, which you have) IPO should never have been touched, mistake but now in the past! Red flag 5: Devs jumping ship, 3 of them was it? Red flag 6: The "Big boys" want to implement POS, that only suits the owners as they're the biggest holders....... Red flag 7: Bumfaces trollbox mate steps up and "takes over" (sorry guys, but I have a hard time believing anything has changed, prove me wrong) If it had been some random guys dog even, I would have found that easier to swallow for some reason. So, Mr Marnie continue to call for my head, but if you think for one minute I'd suggest anyone on this planet invest money in UTC without any answers to anything, running on "blind faith" or stupidity, take your pick, I insinuate nothing, draw your own conclusions! In this context, is it wrong to expect any answers before I'd even consider putting money back into UTC? @Richardminer, hopefully that puts to bed a couple of your questions also, though I know I missed a couple, apologies Bumface had a cracking little thing going, sure, there have been mistakes, I'm sure he's learned from those, but he's not in charge anymore. I don't want to see it die. I also am no idiot and if that makes me a troll and a Fudster for bringing up relevant questions, then OOOOH, scary stuff if that's the worst of your worries! Sure, I could post positive points, but I have questions that need answers first and I'm sure it'd be far easier just to TRY and address those first would it not? @ultraqar exactly what they expect from the troll box, blind obedience, this is reality, not a competition to see who can lose the most. I won't "STFU" and blindly throw money at people, what kind of ridiculous attitude is that, make much from trading doing that, or are you down since you started playing with crypto? Yours is exactly the "dumb money" attitude that is so easy to scam |
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big piece of text, very little content.....
i dont know what your agenda is,but its not pretty
Do you even bother to comprehend what you read or do you just post pathetic negative posts yourself with no content? I have no agenda, I am asking questions! is that a criminal offence? Are you unable to answer them? if not, don't, let someone else who does have a clue what's going on reply. Wow, WTS common sense! |
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bumface: when it comes down to money, people can become real dipsh!ts. They don't restrain from nothing, even accusing people of stealing, just to get their benefit (whichever that might be). Just like in the "big" financial world, just with the difference that we have a lot of kiddies running around here who aren't equipped with the resources which the "big boys" have, so they are left with swearing and trolling...
So you agree that centralization of capital and access is a good thing? POS brings nothing to the table, all it does is centralizes the market and liquidity. There is no "free market" it comes down to the biggest group, the only people able to make anything off POS are the ones with the control over the money flow, there is no way to mine it except by handing over cash in advance to buy from those people. It does not provide more services or opportunities to spend UTC making it "money" You have a multipool which pays out in UTC, great, good job (honestly Granng it's work well done), another POS downside, the pool has to buy from the holders who are able to dictate market prices.......... Yes you can try the pathetic argument that everyone is free to sell at whatever price they want, so free market competition is alive and well. Only to a point, if you don't understand how this works, I suggest you stop playing with crypto as you're nothing more than "dumb money" If pointing out reality makes me a troll, so be it, It's a HUGE bridge to sit under. I still see nothing anywhere or answers other than calling me a troll and FUDster over concerns over POS that would make me think otherwise? What does UTC want to even be, do you guys even know anymore? I'm not doing this as pure FUD. What's the problem taking your heads out of the sand for five minutes and dealing like stuff with the supposed "adults" that you are supposed to be? Ok my origional attitude sucked, yes I posted angry and I shouldn't have. Are these questions so hard to answer or is more moderation required as it's far easier to hide reality than explain it, is it? |
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If you are against the idea of full POS, that is fine and that is your right.Make sure to build your case with logic and arguments,and dont make false acusations on a personal level.
You need to stop thinking about price. Don't you dare tell me you don't care, it's in everything you write almost. Forget about price, all of you in UTC. How may times has it been forked now? 3-4? Price has never moved, well, it's gone down, what does that tell you? What about the other POS coins, there are few exceptions to the "price going down" what does that tell you? There are only two ways to make UTC "profitable" (if $'s all you care about) a) Change the Algo AGAIN, give it more to do than "money" b) Instead of worrying about how changing it will affect price, maybe you should start worrying more about the support services, the infastructure? I saw you guys were doing some email campaigns recently, good for you guys, that's what will give your "coin" value, REAL WORLD ADOPTION! The only reason Bitcoin may survive is the services and business that's sprung up around it. That is what the team AND the community need to work on. Once that happens, the price will take care of itself! Don't you guys get it? Price is irrelevant at this point, it's about getting acceptance, the ability to actually spend what you hold, what's the point in holding "money" forever? It needs to be spent to create circulation, not stacked away as a POS (I still call it piece of s***) regardless  Isn't the point of UTC as a "CURRENCY"? Why turn full POS and stop people putting coins into circulation, it's like cutting off your nose to spite your face is it not? Is this reasoned enough for now or would you like me to continue, I could go on all day typing nothing. Yes, it does look that POS benefits no one except the large holders, explain to me how it doesn't? explain to me how it helps the circulation and spending of UTC to become an actual usable currency by going POS? @Richardminer don't ever accuse me of running away, you can believe whatever the heck you want. POS still only benefits the large holders of UTC if it is un-minable, but clearly logic isn't part of what you work with. If I was "running away" you wouldn't have been writing that post! |
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POS does nothing but benefit large holders of a coin
This is simply not true.....Paul`r and fabietech have been mining utc since day 1 case closed |
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Well i remember flobdeth being quite positive in the beginning.. Obviously, he got frustrated by the bad management of this coin down the road.. And you cant blame him, given the history of UTC.. I dont agree with the way he expresses himself, but you can not disregard the frustration many have felt or are feeling...
I was very positive, very until recently. Yes, I should have worded it more "eloquently" but, I treat people/things with the respect they deserve and the way I see UTC (which I once thought has great potential) has been used and abused by the owners, they jump like ferrets after ideas to change this part of the algo or whatever because they think the price will magically shoot up overnight. It's stupid, impatient and childish to assume just by the fact they have produced a blockchain it magically and mysteriously manifests £/$/insert worthless paper currency here. There's a saying "More haste, less speed" learn from it. POS does nothing but benefit large holders of a coin, which I guess suits the "new" owners just down to the ground, though I see no change in any leadership, merely his "mate" saying he's now in charge (convenient) it takes the small miners/investors out of the equation, well it takes miners out of the loop all together. You can't mine it, only way to make anything off it is to have mined it from the start and held. All they want right now is for mass buys so they can dump all over you's. Not the first time, won't be the last |
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You guys are coming up with some pretty cool stuff over there, like the Feathercoin ATM based off of the Bitcoin ATM project.
If any coin is going to become a major player like BTC they will need innovation like this.
They have some epic stuff going on, they just get on with it. IMHO they leave most coins standing with what they're coming up with, bar BTC. Pity they can't get some proper funding from somewhere to help bring all this together, maybe the bitcoin foundation should look outside their clique for once? Feathercoin is a real player that everyone overlooks. I struggle to understand why, the community is the best I have come across, the ideas going on never stop coming. They don't just talk endlessly about getting the "coin" on sites that have a million other alts to contend with. It's worth taking the time to stop by the official forum to keep up with what's going on, or even this one https://bitcointalk.org/index.php?topic=649737.0Keep up the good work  |
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Sorry but this is inside information. About payments or privilege, that's only concerning to Bumface and the management team. Most important thing is : We are the new owners !
So you can actually *own* a coin? I find it highly amusing continuing to watch this thread. I found that statement to bother me the most. If everything is top secret, why on earth would you expect anyone to hand over any "money" into your "coin" Another bunch of amateurs, I won't be rebuying any UTC. Have fun believing a pile of bullshit bagholders, yeah, sure, you'll wave at me from the moon. Grow up |
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Feathercoin doesnt even have a active dev team and its become worthless, just another shit/scamcoin... nice try OP
I love how people don't even bother researching facts before proving themselves wrong, there's loads going on, more so than with many other "coins", they just don't shout about it |
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TO BUMFACE ; STOP ALSO... THINK SMARTER AND ACT WISER....AND ACT ABSOLUTE MORE PROFESSIONAL NOW.
Many ppl gave their trust to UTC and to the devteam... whit this stupid cat fight and unprofessional behavior this all is in danger and many ppl will loose big investments.
IF WE GO ON THIS WAY THEN UTC WILL BE INDEAD A DEAD COIN BEFORE THE END OF JUNE
QFT! This is why I sold my UTC You just can't see it |
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last two pages, yeah exactly what I was on about, complete unprofessionalism.
Bicker away, meanwhile the world looks on and laughs now at UTC, pity.
Dead coin
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I will soon be writing an article about Ultracoin's new payment processor, CoinPayments. This is a huge victory for the Ultracoin community and we need to make our success known to the crypto world. I am looking for suggestions for the upcoming Ultracoin article from the Ultracoin community. Any suggestions are appreciated  Specifically, any mining related expertise would be appreciated, as this is where my knowledge is most limited. Scrypt-Jane is one of Ultracoin's biggest selling points and I think it would be beneficial to explain the value of our hashing algorithm in a way that is easy to understand. See www.coingas.com and www.cryptosextoys.com for 2 services currently using UTC. Been taking UTC directly for ages. If writing an official article about UTC the algo is called scrypt-chacha and using cryptosextoys to publicly promote the coin is like sticking your finger up your own butt! Something better left undone. Promoting sex toys is retarded, great all you little 5 years olds think it's an epic idea.........fucknuts, seriously, grow a fucking brain, you think "sex toys" are something clever? different? look at every other shit coin out there. they all promote the same thing. Do any of you look at this as a proper "business" or is it a fuck about? I'm defo leaning towards the latter, if that's the best you can come up with. Just take a look at coin market, from 40 last week to, well, look for yourselves.............. 128 UltraCoin $ 187,230 $ 0.012044 15,546,112 UTC Does that look like what you are doing is working? No, thought not. Keep dropping that block reward, it didn't work the first time, all you calling for it don't have a clue wtf you are asking for. It damages more than helps, no miners want to work at a major loss So fucking what 2 miners have a high hash rate, whats up with that, jealousy? Count yourselves lucky guys with that much hash power are supporting your coin. For someone that claims to be a "UTCminer" you don't seem to know much about the process, maybe you should go read up on how mining actually works There's a lot I could put here, but seeing I have moved out of UTC. I will save you and I the bother of reading more. Take this as insult, take this as criticism, take it as help, tbh, I don't care anymore, 2 devs down, how long will the next one last, ask yourselves  |
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After the "drama" this week, I have dumped, out, finished. I will not invest my money in a coin that has the maturity of leadership it does. Most unprofessional behaviour, you can stamp your feet and lock threads or whatever, but grow up Bumface. This isn't nursery school!
People are trusting you with an investment, to be honest, I don't think anymore you would come from the shop with the correct change after buying milk.
Confidence in UTC is zero. A man with confidence in his product will be able to sell cow shit to a farmer, none of you have that. Get into some other projects over time. Take UTC as a lesson learnt.
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check profitability  SHHH let us work it some more before the others catch on |
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r9 270 config? , please !! color 6 ultracoinminer --scrypt-jane --worksize 128 -g 1 --lookup-gap 3 --thread-concurrency 81920 -I 14 -o stratum+tcp://xxx:3333 -u xxx -p xxx --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 --gpu-engine 1080 --gpu-memclock 1500 --no-submit-stale --expiry 20 --scan-time 5 What hashrate do you get? I have these settings does not run. Because you're using Yacminer FYI: the mining calc on the main page is an epic tool....use it I just added some extras to mine, works perfectly EDIT: if any of you miners don't have this page bookmarked, go stand in the corner and be ashamed of yourselves https://litecoin.info/Mining_hardware_comparison |
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Down from 49 this morning to 15, -I 18 no longer works, I needed to lower it, but 0 HW or rejects, will play around some more later you get 49 kh/s with r9 270 before nfactor ?? i guess you talk about r9 280x !! nope, Gigabyte 4 gig R270x |
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What hashrate do you get?
Down from 49 this morning to 15, -I 18 no longer works, I needed to lower it, but 0 HW or rejects, will play around some more later |
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r9 270 config? , please !! color 6 ultracoinminer --scrypt-jane --worksize 128 -g 1 --lookup-gap 3 --thread-concurrency 81920 -I 18 -o stratum+tcp://xxx:3333 -u xxx -p xxx --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 --gpu-engine 1080 --gpu-memclock 1500 --no-submit-stale --expiry 20 --scan-time 5 |
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