When said to make people think instead of causing fud

almost, but with much less swearing, I'm Scots, I can't help it ffs 

Miners dumping coins on exchanges was never your problem.  That's the only thing this full PoS solution really solves.  

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 as far as the blockchain is concerned.  It will be fine... initially.  There are plenty of people with a whole lot of coins not doing anything with them.

 But at 30 second blocks (I'll review the code to see if your PoS implementation is on the same schedule as PoW), you're going to have 20,160 blocks in each PoS minimum age cycle.  I highly doubt you wrote new code that restricts the total number of coins that can be staked in each block, hence you'd need 20,160 separate instances of stakeable coins every week to keep the transactions times constant.  

If we make the assumption that the average wallet may have quite a few different coin ages in it at any given  time, I still wouldn't guess there would be more than 25 stakeable instances per wallet per period.  You'd need 806 wallets open 24/7 with stakeable coins to hit that number.  That's assuming none of them ever move them.

Which is the other problem with PoS.  The whole rise in price of most PoS coins was due to their limited distribution period where people bought and hoarded them because they felt like they were getting in on a limited time offer.  After the first few dumps that happened after the PoS phase started for coins, the dumps came earlier and earlier.  New PoS coins can't even sustain their pump to the end of their distribution stage anymore before being dumped as people try to get out while the getting is good.

Now you have a full PoS coin that basically does not allow people to get in on the limited distribution stage.  How are you going to market that?  

"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."

The point is that you still haven't created demand and now you've killed the only identity this coin has marketed for the past 5 months.  It's no longer a mineable asic-resistant coin, and there is a good chance transactions speeds are about to suffer.  You can't arb with it, you can't use it anywhere that other coins can't be used, and now you've shunned everyone that hadn't already been a part of the community.  The only way out is to cannibalize those within the community now as you buy and sell to one another.  

The statement's been put out there and I wouldn't take it back at this point, because looking flaky is only going to shake confidence even further.  But I really would have strongly advised against hopping on a bandwagon that has already passed.  

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?

Are the devs really thinking of going POS
POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!

History of all other POS coins that have all been pumped and dumped into oblivion.

The most successful alternative coins to litecoin are those that champion different algorithms.
Making ULT POS basically makes it abandon the algorithm market. It's strong point was the scrypt-jane algo.

POS is the end of UTC.

The last pump and dump before its end.

I really liked this coin and I thought it had a future right there next to DRK, VTC and BC.
But I guess the developers have other plans.

Can we have the wallet sources so linux users can build their own wallet?

Hello,

I've been doing a lot of research on bitcoin and its weaknesses. I realize that bitcoin is software and that anything about it can be changed. After using it for a few months, I think the greatest annoyance is the long transaction times. For large purchases such as transferring money or purchasing a house, the transaction times are fine, but if bitcoin is to really take off in day to day life, it needs much faster transaction times. No one will want to wait around for 15 minutes for confirmations.

My question is, since bitcoin is software, will the transaction times be decreased in the future? I think they absolutely must be or else another cryptocurrency will come along and do it.