This coin was killed the first week it launched months ago trading on crypto-trade.com. I was trading it and it was pumped to oblivion in the first week or so to a point where IPO buyers were sitting on a 3000% profit. Ofcourse they dumped it all the way down, creating bagholders ever since. Ofcourse this won't be the only reason for current situation, but i think utc never recovered from this.
]] that happened indeed, but i did not pump , and i sold 0 utc.so im not to blame for that.if i sold at peak i would have 90000 dollar, but i dont dump on people,becasue i think its immoral. in fact i bought much more utc,and yet trolls want to make me out to be the bad guy, its really hurtfull.you keep pouring energy and time into the coin, and a handfull of people support the coin no matter what, I am gratefull for the support, but these trolls are wearing me out. utc also had other misfortunes, such as hacked exchanges and pools ddos, and things like that... still this coin is not dead.it will get better but i cant say when. Yes it was just bad luck that whales used the initial hype around the coin to P&D it. I'm not blaming you. In the end, a coins value is determined by the community, not just the dev. I respect your commitment to the coin and hope things get better soon. bumface, you never ever gave anything to support voting to reach the exchanges (esp. mintpal & cryptsy). You are always reluctant to put your money where your mouth is. I did, and more than once. Furthermore, do you think the asic you ordered (not yet delivered? how surprising) will sustain uTC the way you describe it? -I don't think so because we're at the eve of hashrate going exponential for scrypt* cryptos, meaning your investment will most likely never ever repay itself to begin with. Finally, I still do not know what happened with the IPO money. You did not give proper accounting as far as I am concerned. Care to prove me wrong on this one? -i always helpt with voting with what i could spare.if i spent more on the voting, i could not afford the asics,so its a long term decision in the best interrest of the coin. -i wil buy alot of UTC, but that is only a temporary solution, so the majority of spending will be focussed on developments. -ROI = 25 days. -IPO money was 80 btc, my share was 26 btc .the original plan was to have all participants help fund development,as you know im the only one left from that group so that budget is gone.we paid somebody 15 btc for promotion and a marketing campain, that was not deliverd and money not refunded. so instead of spending my share once (for example paying people to build something), the best long term solution was te re-invest, and that is what i did. |
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I've kept rather quite on here this week observing everything and think I can I have come to this conclusion.
Micheal is like the OWNER of a soccer team! He loves it, wants it to do well and his heart is in it and will spend the cash on new players!
But he isn't the MANAGER of the team but is trying to be it I think. As much as the Owner wants to be the manager the fans will not allow it and can see that his management style isn't working due to the performance of the team (the coin).
As the owner of the team he should for the good of the team (the coin) hold his hands up and say I ain't no manager I'm the owner! I'm gona hire the best manager there is and make my team the best!
We all don't doubt your dedication and love for UTC Micheal but take for example Groestlcoin's official twitter this week! They have been really marketing the hell out of their coin and it's worked! They are #1 on the vote. UTC official twitter had tweeted 2 Times this week! We all know you don't want to do daily updates and see them as been pointless, but this is what people want and investors are looking for! We all know your the creator and are there if anyone has any questions or concerns but if your not going to take a more active roll (daily involvement on threads, troll boxes, tweets, Facebook), then pass the Batton to someone/some people willing to do it. It doesn't mean your not the boss anymore it just shows you are willing to see areas where the coin can do better.
That's just the way I see it. It may sound wrong or stupid to some but that's the best I can explain it for what is worth.
Let's all stop this arguing guys it's getting us and UTC nowhere! We are forgetting what a great coin this is and the potential it has. We have one of the best coins there is yet it's nowhere near the value it should be. Miners are still making good money mining UTC so will continue to sell at these prices , so we need to attract more miners and more investors. This will not happen if we all continue to argue.
I think that comparison has some truth in it |
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let the world see how sick beave is
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let the world see how sick beave is
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This coin was killed the first week it launched months ago trading on crypto-trade.com. I was trading it and it was pumped to oblivion in the first week or so to a point where IPO buyers were sitting on a 3000% profit. Ofcourse they dumped it all the way down, creating bagholders ever since. Ofcourse this won't be the only reason for current situation, but i think utc never recovered from this.
]] that happened indeed, but i did not pump , and i sold 0 utc.so im not to blame for that.if i sold at peak i would have 90000 dollar, but i dont dump on people,becasue i think its immoral. in fact i bought much more utc,and yet trolls want to make me out to be the bad guy, its really hurtfull.you keep pouring energy and time into the coin, and a handfull of people support the coin no matter what, I am gratefull for the support, but these trolls are wearing me out. utc also had other misfortunes, such as hacked exchanges and pools ddos, and things like that... still this coin is not dead.it will get better but i cant say when. |
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get the trollwax out of your troll ears i have invested my ipo gain into asic, to put into this coin, i have 370 mh/s coming my way.i could have just went on a vacation to japan or buy a 4k pc nmonitor for 2500, and yet im puting it into utc by CHOICE. you call having 790 dollar to spend per DAY, no budget? get an economics class for children, guy. its guys like you that make me think, why do i even bother with crypto, why dont i just use that money to start a buisness.Everybody always talks about how wonderfull crypto is and innovative,a new financial system without banks, the future, but do they talk about a disgusting sublayer of succubus troll sucking the life out of a person. if people want to see the extent of beaves sadness, look at this thread called "bumface - The Sad, Miserable Attempt at Scam Artistry" https://bitcointalk.org/index.php?topic=631114.0while some are attempting to make a difference in the world , other attack them like a succubus troll, very sad indeed |
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You have no budget!?!?! WTF does that mean? So you want people to pour more money into UTC because, if they do, you will have a budget to do what? Make more dumbass decisions after dumbass decisions? Oh poor bumface and the failed UTC dev 'team' (just the incompetent bumface now?) Oh but you made bank from the IPO right? What do you care? And idiots will probably still invest...
You are about the lowest form of a human being out there. Karma will destroy you in a way I don't want to imagine. Do not come to America my friend. You would have a steep learning curve... in jail.
Non-idiots just come to YACoin. I'm not saying it is better (it is) as much as I am saying how could it be worse? There isn't a 'budget' that devs expect before actually doing something. They develop things in hope that the price will go up of the stake they already have. What if the price doesn't go up? It still doesn't mean the difference between doing something or not. There is something called passion and curiosity and basic human intelligence that drives some people... it is amazing how innovation alone inspires some, while some are inspired by scamming others.
"You have no budget!?!?! WTF does that mean? So you want people to pour more money into UTC because, if they do you will have a budget" you dont seem to understand that its people selling to people on exchanges, how the hell would i get a budget if people spend money on utc on an exchange?  ? if you cant even understand that i dont get a single cent when a person buys utc on an exchange from a seller, then perhaps crypto is a bit to difficult for you go watch shark tank, it takes 1000`s of dollars to properly market an item, sometimes 100,`s of thousands..... Im the only original dev thats still in this coin, who never sold, and who reinvested all his IPO, into UTC, and yet, i am the only one who gets complaints, whats a matter with you? also the IPO was a buisnes sproposition, nobody was forced to buy, this is a service, also not illigal. "You are about the lowest form of a human being out there" I am a Christian, and i would not say that to my worst enemy, you are a very disturbed little boy, i have feelings to, if you talk about karma, be asured saying things like that will have justice reigh down on your own head. I get aproached to make a coin every moth , i always say no, my heart is in UTC, nothing i did is immoral. if i wanted to i could do an ipo coin every moth and make 300k per year,and yet i refuse to let people buy into something and then dump. i made a crypto currency which is now a free market item, i do not control price "a steep learning curve... in jail." you are so dilusional its not even funny. nothing i did is illigal,i made a crypto currency, an entrepeneurial endevour, your other favorit propaganda is how i asked people to stop selling low, making a request is also not illigal, and then you even made an anti utc thread......are you trying to win some kind of "worst troll in the universe" award we are not aware of? and turning your "comment" into a yacoin commercial isnt very classy buddy, hahaha why do you keep bothering with your childish trolling and baseless acusations, did i ban you for an hour on btc -e or something and you never got over it? |
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What I kept for myself was ultra-arb, and the architecture for minecraft, which was due to start June 1. That's all. But really, if you read my post, the work was getting to me, but wasn't the main reason I left.
yes you were not happy with my dedication. After stripping me of desicion making powers by implementing new management layers,combined with all the fighting behind closed doors,its really not so strange that my passion was reduced. Im all for democracy,but its not supposed to slow down the process or create a situation where people are fighting all the time. I value the input of every team member,but i need to have some control over what happens with my own creation.Its the potters right to paint the vase. All the new management layers clearly didnt work since it even caused your departure.... You know i was always pleased with your work, becasue it was excelent quality.but i rather have 1 thing functional and launched, then 5 half things. all the things you put on your plate was work for 4 people, not 1.and i told you multiple times.and now UTC took a hit because o this.peopl lost some confidence and thats the reason of this price, we promised things and now we look incompitent. Nobody wins in this situation.....i will never quit this coin but this does mean certain developments will be halted until there is a budget... what is your plan for the current version of ultra arb? are you going to keep it up or take it down? |
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Sweetie, since I was assigning everything to myself - apparently since so many people were volunteering to do things, like build a multipool and an android wallet, and I apparently blocked them from doing those things, now that I'm gone, you can let all those other people do all those things I was keeping them from doing.
the point is, you kept taking more work and i constantly told you its to much for 1 person and i kept advising you to get sub devs, you always said no im fine or this is not the time to talk about this, and then you quit because its to much work for 1 person..... where is the logic in that? |
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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.
We have no budget right now, we had dcgirl who had assigned al the work to herself and now she left, so the development has been pauzed for now.we will still release the weekly pos update soon. when we have a real budget , this coin will fly high.you cant do much without a budget,we used to be able to pay in utc, but that doesnt really work with this value. As for your suggestion to abandon utc, no thanks  |
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Hi Guys(and girls),
Can someone share the settings to mine this coin using an r9 290.
I have a few gigabyte cards which I was planning to point to UTC.
Also what Hash rate could i expect? Or if I Use the config generator then what n factor i should use
Hope someone can help.
BR
General
PS: is there a deadline for minecraft plugin. Right now the coins value is just falling
Nothing is been developed for at least 3-4 months and there is no dev team. The coin is broke and doesn't have cash until the founder uses all the pre-mine money to buy miners so he can mine LTC to sell to buy a dev team. From what I have read that about sums it up! No trolling just truths. error 1 : "Nothing is been developed for at least 3-4 months" hahahaha, the coin is 4 months old in total, EVERYTHING we EVER did was done in 4 months, error 2 : "until the founder uses all the pre-mine" i did not get all the premine, most of it was sold to investors, do your homework. error 3: "so he can mine LTC" im not going to mine ltc im going to mine in multipools so basicly everything you said was wrong..... |
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he just posts them again when you delete marnie, he has no life, and he presses f5 over and over again to see if his comment is deleted again so he can paste again with control v, meanwhile the entire world is trying to do something positive with their lives while he derives sick pleasure from hurting people.
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thread unlocked on request,Try to behave yourself
serious UTC community members please start using this dedicated forum http://ultracointalk.org/
After having cleaned up the thread to appear as a good boy you play the comedy again. Nice to see you won't change. You really deserve your pseudo. You should tatoo it. On your forehead. Bumface the uTC god... enough is enought troll, you are posting 3 pages full of the same crap, dont cal me utc god, dont project your blasphemy unto me troll. go away and leave utc alone if you dont like it.are you really so sick that you derive pleasure from trolling?? you need help friend,go get a life newsflash: nobody cares about your whining here,go spoil your sweet 16 party. |
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Who gives their money to a guy with the handle bumface…  people who made 21x their investment  |
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thread unlocked on request,Try to behave yourself
serious UTC community members please start using this dedicated forum http://ultracointalk.org/
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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 |
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guys i will make it real simple for you :
if you like UTC , stay
if you dont like UTC, leave
spending every day in here while you dont like utc is just plain pathetic, and its the same names over and over again, life is to short to focus on something you dont like!!
If this keeps up im locking this thread for ever, and we can all just move to ultracointalk, so at least i can ban the trolls.i dont have the time or the energy for this pathetic routine in my life,im trying to build greatness here
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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.
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. |
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So for the next 100+ days or so nothing is happening?
Is the multipool still in development? Multipool has to be the main project before a plug in for a game surly
nothing is in developement since dcgirl left, so its rethink and regroup for now... we will do the weekly POS update soon and go from there. |
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