That's right. But I keep my UTC only in my wallet, I did't send them to any exchange. I think something must have happened after PoS started and nfactor changed.

do not worry everybody, i have 100 BTC and i will buy 10,000,000 UTC at 0.00001

One of the reasons we are seeing dumps is because Ultracoin has been top 3 on whattomine.com for months. Luckily I don't see any Scrypt-ChaCha multipools, but individual miners will mine UTC to liquidate. I don't see that as a problem, as if Ultracoin ever becomes unprofitable to mine these miners will leave and we will see a boost in price. The market has a way of self-correcting itself.

I don't agree with you.
The block reward is still to high (15).
Miners can mine a tremendous lot of UTC per day and then they just dump it because the have no feeling with UTC.
Their motto is: mine as much as possible per day and then dump a.s.a.p.
This is what we see every day. Again and again.
We see it also at the mulitpool. How can the multipool bring the price up if everyday the miners just dump and dump at the lowest prices.

Many before say it all ready here at the forum: Bring the blockreward down from 15 to 5 or even to 2 !!!
Or go the other way and full pos.

Too many dumpers... UTC is crashing.....

UTC Team react now while it's possible!
Go full POS or reduce the number of coin per block

Still need more hash power?

Sounds as if Thiagos end needs reset if he has all the hash power, something there sounds like it's causing a fork, screwing the rest of the network

BTW: UTC team nice decision to postpone POS, more facts you have at your fingertips the better, I still think the way it works just now is fine, increase block times maybe, but that would affect network speed?

Edit: Are there any P2P nodes I can hook up to, spread hash even more?

How "slightly" are we talking?  I was mining at ultracoinpool.info before switching from GPUs to scrypt asics at Cryptotrain.net.  I had set payouts to 20 UTC, but nearly every payout was 19.XXXXX.  After some digging, I found most it was for reaching a balance of 20.000XXXX and after the transaction fee was deducted, the total that actually arrived in my wallet was 19.XXXX (~20 - Tx Fee = ~19.9.....)

This happens more often and is more noticeable as your reward per block approaches the cost of Tx Fee-- the smaller your reward/block, the more noticeable it will be.

NO, I called in two friends to help out, but its not only us.
Somebody fixed something  
IDK whats going on, but yeah it seems to be normalizing.

I hope for some explanation soon  

P.S. Maybe they should stop the ultracoinpool for a few hours a day, till people learn to change pools, like we did with Ultra.Nitro a few months back!
I can't take those orphan losses forever.

+100

Okay, so the owner of the biggest pool for UTC back in the early days helped start CAI (with several other pool operators, though I'm not sure if any were related to UTC). Unfortunately, the editing and deleting of old posts makes it difficult to "check and investigate better". Stuhlman probably had a bunch of UTC, and he probably cashed out a long time ago as well. Such is life. But changing to 100% PoS is no panacea -- it just makes things messy and ultimately I don't think it's likely to do much other than allow all the GPU miners to quit supporting Ultra. That's fine I suppose -- let all the big bag holders continue to hold and try to figure out ways to get people to invest in UTC. But if you're trying to tell anyone that investing in UTC now is a good idea, I've got some beach front property in CA that I'll sell you for pennies on the dollar as well!

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.  

Please understand this;
You can be against full pos, but what some “members” are doing now is destroying UTC by constant putting fud on the tread.
So if UTC is going down it is not of changing in to full pos but because of those “members” who are fudding and attacking UTC.
It is as simple as that!

true, but if they know the coin value is going to go up, a good portion will hold for better pricing.

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

I agree completely, if we can get Ultracoin on BTC-E, that would be a huge boon to the coin. In other words, it's "talking to the customer" without actually having to talk to the customer. I think we should all try contacting BTC-E, I know they are a very exclusive exchange so it will be a long shot. I think we are better off creating a Bitpay type service, but I don't have the design knowledge.

Also, we have a 3000 UTC bounty for anyone who can create an Ultracoin Twitter Help Bot, if anyone is interested or knows anyone interested, please contact me!