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581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 09:21:07 PM
Update V1020 downloaded just now...

And WOW, still the start of the new wallet to open takes more then 10 minutes  Shocked Shocked

Is this normal Huh
Can this better Huh
Or do I do something wrong Huh

Any advice ...

wallet wil be made fast in the last update, v3
582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 07:13:27 PM
You know you have the ultimate faith in a particular crypto currency when its sitting up 65% and selling hasn't even crossed your mind...  cheers!  

what does that mean? only 13% of the total UTC is in circulation.....

I meant, selling hasn't crossed my mind.

Generally, as a trader of any sorts, 65% profit in 24 hours is a good day.  At 65% increase in 24 hours I have no intent to sell.  Moral of the story, I am walking away from my typical investment strategy on this one because I have the utmost faith in UTC.  Sorry for the confusion.  What I said was in fact retarded if you read it the way I wrote it!! haha

o lol, i thought, you thought somebody had 65% of the total coins ^_^
583  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 07:02:16 PM
UTC is number 2 in 24 hour % gain http://coinmarketcap.com/
584  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 06:50:25 PM
You know you have the ultimate faith in a particular crypto currency when its sitting up 65% and selling hasn't even crossed your mind...  cheers!  

what does that mean? only 13% of the total UTC is in circulation.....
585  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 05:05:11 PM


I could do much better, but I only have MS Paint at work haha!!  -just a thought.



that looks good for a banner , maybe we can advertise in the future Smiley
586  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 04:18:06 PM
What will happen after 6 years of mining when all coins are mined? Is it still going to be the same amount of UTC in circulation? Some coins/wallets may get lost and what then? Is POS mechanism the answer? Sorry for noob qestions.

10 or 15 million UTC wil be distributed at that time in a no mining- full POS period, at that time the pos reward will be 2%, this will last aproximatly 10 years,so 16 years from now.Then a mandatory fee will be enabled on every transaction, to reward nodes.
587  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 04:03:37 PM
MAC WALLET MANDATORY UPDATE!!!

https://www.dropbox.com/s/tj9nzvcd7enjb9d/Ultracoin-Qt-1.0.2.0-Mac.zip
588  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 10:57:41 AM
MANDATORY WALLET UPDATE!!!!

UPDATE YOUR WALLET,OR GET LEFT BEHIND ON THE OLD CHAIN!!



DOWNLOAD:

http://xwebhosting.org/utc/Ultracoin-release-1.0.2-qt.rar


MAC : https://www.dropbox.com/s/tj9nzvcd7enjb9d/Ultracoin-Qt-1.0.2.0-Mac.zip


HOW TO UPDATE THE WALLET:

Step 1 : Type %appdata% in the windows search box (you see it when you click the start button)

Step 2 : Find the ultracoin folder

Step 3 : Copy the wallet.dat into a backup folder, do NOT delete or cut it!

Step 4 : Delete everything in the appdata/ultracoin, but DO NOT DELETE THE WALLET.DAT

Step 5 : Download this file http://xwebhosting.org/utc/Ultracoin-release-1.0.2-qt.rar

Step 6 : Extract the folder from the download somewhere,now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the  
            appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks do you want to replace the file.

Step 8 : Start the wallet,it will now download the entire blockchain again (this will take some time).






-This update protects Ultracoin and its users from the recently discoverd heartbleed bug

-This update implements coincontrol so you can spend only the newest coins, and leave old coins alone for maximum POS rewards.

-This update changes the blockreward from 50 to 15 per block, this will start at block 240.000. This is because the old model turned out to be unsustainable.We are responsible devs, so we had to take action to prevent damage further down the road.

Slow loading of the wallet will be adressed in the v3 update (this is the v2 update).

I have tested this on 2 PC`s and have updated my own wallet with succes without compromising the funds  Cheesy




The new reward schedule is as following:

-4 years blockreward 15

-2 years blockreward 10

-full POS (roughly 1 to 1,5 million coins will be distributed after full POS goes in effect, POS % will be 2% at this time)

So there will only be 6 years of mining in total.We are doing this to build a sustainable model and incoorporate an eco friendly strategy.After we have reached the total of 100 million coins in the final full POS stage, we will enable mandatory fees on every transaction to make sure people get rewarded for being an active node.





As a final point I wish to make : remove all sell orders and replace them at 0.003BTC if you refuse to sell for less then 0.003, this will become the new low, and everybody wins.The miners, the holders the traders.

With this price of 0.00007 nobody wins so stop dumping and let it rise.This pricepoint does not reflect the true value of Ultracoin.

the only reason we are this low is because of a defective supply model (whish has now been repaired) combined with hacked exchanges and DDOS.


I want to make it perfectly clear that Ultracoin is changing into a new better version of itsself.Weak players have been replaced by strong and capable individuals such as Dcgirl,xwebnetwork and Jakoblight.Mistakes were made but Lessons were learned.If i could go back in time i would do certain things differently,but im not a coingenerator making useless coins,so i made some mistakes.This is how we learn.

I made UTC and i am sticking with it for the rest of my life.I have been very fortunate to have people on board now who share this vision.Together we will emerge victorious in the altcoin market by continuously https://bitcointalk.org/index.php?topic=413978.msg6326450#msg632645 re-inventing ourselves.This active Team can always use more people so if you feel you have something to add, or a specific task you want to do or are good at, let us know at ultracoin@outlook.com.


Team UTC is working very hard every day, to bring new innovations, Dcgirl is finalising the arbitragetool that will expose many opportunitys for profit, we are developing in game payment plugins starting with Minecraft (30 million people community and 500.000 servers).

We are still in contact with a company discussing an online payment processor,if this deal follows through this would take place in the summer

There is no reason why this request can not be granted by everybody, what reason could somebody possibly have to sell this low.

Let us join forces and bring Ultracoin to a pricepoint that is reflecting the actual developements, Team dedication and true potential.

In the future we will do more marketing,but we will never be a coin that is 99% fluff and 1% content.We will always stand for something, and once people are done with fluff coins they will come to UTC,and we will welcome them with open arms into the Ultracoin family.

589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 10:03:38 AM
http://www.whattomine.com/coins

UTC numer 1 to mine again!
590  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 09:34:01 AM
Keep the positive momentum going guys!!

591  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 22, 2014, 09:14:07 AM
stop selling this low, nobody wins at this price!
592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 10:05:02 PM
remove all sells, replace at 0.003!
593  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 09:49:31 PM
MANDATORY WALLET UPDATE WITHIN 24 HOURS.

that means its NOT optional!

This update will feature :

-Heartbleed bug fix

-Coincontrol

-Blockreward goes from 50 to 15 in block 240.000



@DEV-team : Do we need first to download the update from one week ago, or can we directly update this update from today ?

U can update directly to the latest version from any version following bumface's steps.

OK thanks...

One more question, as a noob and a not native english speaker is step 6 still not clear for me. I have serious UTC in my wallet so dont want any risk.

You are Dutch or Belgium yes?

Please explain to me step 6 in Dutch, if not here then please in a PM...

 "Step 6 : Extract the folder from the download somewhere,now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the  
            appdata/ultracoin folder but your wallet folder)"




Wat ik gedaan hebt;

-download wallet
-extract wallet
-zet het ergens neer in je mappen (dit kan je buroblad zijn of ergens waar je de andere wallets hebt neergezet)
-bij de appdata ,bij mij is dat C:\Users\b\AppData\Roaming\Ultracoin (w8.1) , maak een copy van je wallet.dat en verwijder de overige bestanden, je originele wallet.dat niet verwijderen of verplaatsen
-wallet-qt opstarten en dan zal  ie gaan syncen, je coins gaan hierdoor niet verloren mits je de wallet.dat niet verwijdert hebt. Dus zorg dat je een backup hebt gemaakt.


je moet ook de ultracoin-qt.exe uit de nieuwe download in je wallet map doen (deze map heb je zelf ergens gezet), deze nieuwe vervangt de oude, daarna moet je het pas starten
594  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 09:34:12 PM
yes, you can skip the v1 update, if you havent done it, just take the latest Smiley
595  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 09:30:32 PM

thank you Smiley
596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 06:23:33 PM
MANDATORY WALLET UPDATE!!!!

UPDATE YOUR WALLET,OR GET LEFT BEHIND ON THE OLD CHAIN!!



DOWNLOAD:

http://www.speedyshare.com/YUcJb/Ultracoin-release-1.0.2-qt.rar


MAC wallet coming soon!!


HOW TO UPDATE THE WALLET:

Step 1 : Type %appdata% in the windows search box (you see it when you click the start button)

Step 2 : Find the ultracoin folder

Step 3 : Copy the wallet.dat into a backup folder, do NOT delete or cut it!

Step 4 : Delete everything in the appdata/ultracoin, but DO NOT DELETE THE WALLET.DAT

Step 5 : Download this file http://speedy.sh/YUcJb/Ultracoin-release-1.0.2-qt.rar

Step 6 : Extract the folder from the download somewhere,now drag the Ultracoin-qt.exe from the new download into your normal wallet folder (not into the  
            appdata/ultracoin folder but your wallet folder)

Step 7 : Click yes when it asks do you want to replace the file.

Step 8 : Start the wallet,it will now download the entire blockchain again (this will take some time).






-This update protects Ultracoin and its users from the recently discoverd heartbleed bug

-This update implements coincontrol so you can spend only the newest coins, and leave old coins alone for maximum POS rewards.

-This update changes the blockreward from 50 to 15 per block, this will start at block 240.000. This is because the old model turned out to be unsustainable.We are responsible devs, so we had to take action to prevent damage further down the road.

Slow loading of the wallet will be adressed in the v3 update (this is the v2 update).

I have tested this on 2 PC`s and have updated my own wallet with succes without compromising the funds  Cheesy




The new reward schedule is as following:

-4 years blockreward 15

-2 years blockreward 10

-full POS (roughly 1 to 1,5 million coins will be distributed after full POS goes in effect, POS % will be 2% at this time)

So there will only be 6 years of mining in total.We are doing this to build a sustainable model and incoorporate an eco friendly strategy.After we have reached the total of 100 million coins in the final full POS stage, we will enable mandatory fees on every transaction to make sure people get rewarded for being an active node.





As a final point I wish to make : remove all sell orders and replace them at 0.003BTC if you refuse to sell for less then 0.003, this will become the new low, and everybody wins.The miners, the holders the traders.

With this price of 0.00007 nobody wins so stop dumping and let it rise.This pricepoint does not reflect the true value of Ultracoin.

the only reason we are this low is because of a defective supply model (whish has now been repaired) combined with hacked exchanges and DDOS.


I want to make it perfectly clear that Ultracoin is changing into a new better version of itsself.Weak players have been replaced by strong and capable individuals such as Dcgirl,xwebnetwork and Jakoblight.Mistakes were made but Lessons were learned.If i could go back in time i would do certain things differently,but im not a coingenerator making useless coins,so i made some mistakes.This is how we learn.

I made UTC and i am sticking with it for the rest of my life.I have been very fortunate to have people on board now who share this vision.Together we will emerge victorious in the altcoin market by continuously https://bitcointalk.org/index.php?topic=413978.msg6326450#msg632645 re-inventing ourselves.This active Team can always use more people so if you feel you have something to add, or a specific task you want to do or are good at, let us know at ultracoin@outlook.com.


Team UTC is working very hard every day, to bring new innovations, Dcgirl is finalising the arbitragetool that will expose many opportunitys for profit, we are developing in game payment plugins starting with Minecraft (30 million people community and 500.000 servers).

We are still in contact with a company discussing an online payment processor,if this deal follows through this would take place in the summer

There is no reason why this request can not be granted by everybody, what reason could somebody possibly have to sell this low.

Let us join forces and bring Ultracoin to a pricepoint that is reflecting the actual developements, Team dedication and true potential.

In the future we will do more marketing,but we will never be a coin that is 99% fluff and 1% content.We will always stand for something, and once people are done with fluff coins they will come to UTC,and we will welcome them with open arms into the Ultracoin family.

597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 03:35:18 PM
MANDATORY WALLET UPDATE WITHIN 24 HOURS.

that means its NOT optional!

This update will feature :

-Heartbleed bug fix

-Coincontrol

-Blockreward goes from 50 to 15 in block 240.000

598  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 02:34:31 PM
which are the innovations your coin brings?

Hi,

The ultracoin team is communicating and working on a daily basis on innovation.

The immediate rollout is about our custom arbitrage tool,which our appdev Dcgirl has been building.

here is a preview:

http://www.youtube.com/watch?v=TMMKyHJ_p98

It will allow people to spot arbitrage opportunitys to profit from, and use the amazing utc speed as an advantage in implementing it as a value vessel between exchanges.


The second point on our agenda is in game purchace plugins, the first game will be minecraft, and we are building a fully functional economy plugin where players and server owners can buy and sell items and ranks for real UTC.

Here is a sneak preview:



Team UTC is one of the most dedicated teams,its a shame the price does not reflect this,but while others pump up their balloon of hype, we are working hard to bring true innovations.

I hope that answers your question  Wink
599  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 21, 2014, 11:56:37 AM
MANDATORY WALLET UPDATE WITHIN 24 HOURS.

that means its NOT optional!

This update will feature :

-Heartbleed bug fix

-Coincontrol

-Blockreward goes from 50 to 15 in block 240.000
600  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: April 20, 2014, 01:51:18 PM
it should convert to 100% pos.
no need for more ultracoins

f instadump-miners, f asics, f litecoin, f the bs that huge moneysupply is needed, look at blackcoin.

just cut the supply of ultracoins, turn it to pos and make multipool.
i want my $50k back, i dont give a crap about miners making profit. if your a miner then go mine all the other coins that going to go to 1 satoshi


I know the feeling

I spent over $60k on R9 290's just to mine UTC

what I wish I did was NOT mine and just buy UTC direct from the exchange
even if I bought at the record high price i would be ahead in the amount of coins I still have

I held my launch date coin instead of dumping it at 90 cents
( wish I had dumped so I could buy back more cheap now )

I have been still scooping up all the coins that hit below 6

I pay over 50 cents per kw and UTC is not profitable for me to mine .. but still mining away in hope we hit the $1+ needed target to yield profits


dcgirl is keeping UTC alive
xwebnetwork brought professionalism
and Michael finally has faith in his own coin

I strongly believe bumbface was just too used to trolling that he believed his own story,
about his ScamCoin!! .
we all know he just wanted ASIC's to mine LTC. 


I liked UltraCoin so I stuck with it.
UltraCoin will be the Arbitrary Shuttle

Ultracoin has never been a scamcoin and it never will be,and i bought asics so team UTC has money for developements, like going to conventions. We went to sweeden and it was very good to meet people and get their contact information to make new ppartnerships, and this costs alot of mony. Airplane tickets,sleeping arangements, food. This time the community was kind enough to donate but we cant keep asking donations for every little thing.So instead using my ipo money once and it will be gone, i re invested it, this weas the smart thing to do.....

So im sorry , but you are wrong.and bumface and michael is the same person.....me
It was my own choice how i spend that money, i could have bought a new pc or maybe a 4k screen, but i chose to reinvest it into utc.This is the kind of dedication team UTC has.and this is what makes us different from some coins,we are thinking long term,years into the future.

You cannot say scamcoin and say i just wanted asics, i get emails every month about people who want me to do a coin with them,. i could do an IPO every month, but my focus is on UTC.

I hope this explenations changes your mind  Cheesy
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