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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: March 07, 2014, 10:50:55 PM
Just a quick note: Crypto-Trade.com has created a 25,000 UTC Matching Challenge for the UTC Core Developing Fund!
Collect 7,500 UTC and we will donate 25,000 UTC on top of it to back future UTC developments.
Link: https://bitcointalk.org/index.php?topic=506047.msg5576837#msg5576837

Btw,

Thanks for adding the pair: UTC/LTC !!

Will be very useful in the long term. 

So folks LTC can be traded direct > UTC. Wink
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: March 01, 2014, 01:31:34 PM
Folks we mustn't forget that bitcoin is in depression modus at this stage and therefore most alts encounter down trends. have patience, when Btc go's up than the best alts will also move up again. is called market confidence. (same as for fiat)
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 27, 2014, 04:04:32 PM
I tried logging in 20mins ago and was getting a never ending spinning wheel which made me think they were working on it.. I tried to log in now after the new in green update and nothing loads for a sec and that is it..

They are very unclear about there statement.. are they allowing us to withdraw shortly or in a week? What happened to 24-48 hours as that has passed...

"Trading and API will be disabled during the auditing period.All the withdrawals will be processed manually."
Makes me think they withdrawals will only start in a week..

Looks like they're trying to gain time with something...

Fact is that Freshmarket was quicker and more clear with their actions, bt not to forget those chaps letting us pay a % for their hacked wallets/site.

Whats next we've to face?
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Newly Launched on: February 27, 2014, 12:43:18 PM
Lets take it easy 4now and have patience with crypto-trade. I hope but also think there is not anything lost for us jet.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 13, 2014, 03:25:49 PM
i might have to buy a new harddrive and windows  to use this wallet.


I've no problems with this wallet, using old machine here Wink
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 07, 2014, 01:47:31 AM
WHY WOULD YOU SELL ON THE FIRST DAY?? UTC GOING TO $2
how you know?

One way would be to compare parities (not party  Grin) with a similar established coin

LTC - 84m coin, 2:30 sec blocks, 50 coins, hashing factor Scrypt 1, current price $20.00 +/-
UTC- 100m coin, :30 sec blocks, 50 coins, hashing factor Scrypt Jane 0.75 +/-, current price $0.35 +/-,


So,  (1.19 more coins <multiplied by> 5 times faster blocks <multiplied by> 1 same reward <multiplied by> 0.75 hash factor) <divided by> current LTC price <=> parity of $4.48 for UTC (current price)
(1.19x5x1x0.75)/20=4.48

LTC peak of 50.00 +/- would approximate to a UTC  parity value of; $11.20 for UTC
(1.19x5x1x0.75)/50=11.20



If we are to assume acceptance of the coin UTC;  then $4.48 is entirely possible with LTC in 20 range.  If we are to assume LTC goes up (which is to assume BTC will go up); then we can actually exceed Bumfaces' stated $10.00 target.  His target is not unrealistic in any way.  Obviously UTC, still very new and would need some time to reach parity price;  so I'm not saying $4.48 UTC tomorrow or anything.

time will tell




To reach these numbers, this coin needs to be promoted (outside of the btc-e community). I haven't seen much of that. Devs and miners often underestimate the importance of community building and promotion. Case in point - @Vertcoin has 31,900 twitter followers. How many does Ultracoin have?

With twitter references one has to be careful > they can be bought Wink

(ps: fiverr)
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 06, 2014, 04:16:41 PM
You guys should vote UTC  here http://www.allcrypt.com/beta/voting.php just click the green up arrow 10 times. i already used mine cause utc was not there earlier ill wait another 24hr  Undecided

Push, push, push www.AllCrypt.com/beta/voting.php You can vote 10 times in a rolling 24 hour period

voted 10 times

me too

Yep, done!
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 06, 2014, 10:34:13 AM
any reputable member want to sell 10k for 115LTC / 3BTC? PM me



haha your that guy from silkroad/sheepmarket. Wink

actually i already got fucking scammed trying to buy ultracoin on freshco.in .. i was the victim of a "hack" where 25 of my LTC was taken out of the wallet after the site shut down. real professional.

openex.pw has been hacked before. I can hardly trust any exchange using the same framework.

I usually withdraw all balance after trading on exchanges with unprofessional looking.

Well, would be Nice if this info had reached us just a little earlier, now we've paid a price!

Any case if someone has good offer for UTC I'm still interested, thx.


Ps, cryptsy is becoming indeed more a craptsy with these bad gateway errors Sad
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 06, 2014, 01:46:24 AM
I need some $$

WTS 1000 UTC for 30ltc
PM me if interested, one time offer, have good rep so no worry

Just dump on exchange tomorrow ill buy em no worries then

there seems to be no SEO work been done as yet, such as reddit articles or crypto people on twitter following ultracoin or give-aways to people/competitions like Doge did to get popular/well known. I know its not even been released yet but thought i would suggest somethings to Bumface. Give some to celebrities so they tweet about it etc etc.

Your absolutely right, seo & marketing takes a lot more effort. I've seen little customer engagement until now.  Roll Eyes

Come on folks, don't lose it there!
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 10:29:53 PM
this is bs i have not got any of my coins back not a one and they will not even get back to me and im just a little guy was not worth much but it was mine and i want it back....  o and i do not have outlook express so you have my e-mail in pm so get back to me

For sure they'll get back to you, however wait until tomm> they went to sleep they said earlier.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 10:26:20 PM
How am I supposed to remember how much LTC I had? Huh
Is it in your database? Huh

Check from your last upload market or wallet which address you used for freshmarket and check the blockchain, like my sample here>

http://ltc.block-explorer.com/address/

good luck.


12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 09:56:54 PM
They have refund me, think its about 84% Ltc.

Folks, don't worry to much if you need to wait until tomorrow, i think the guys keeping their promise Wink

Thanks!
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 08:41:16 PM
There seems to be no action anymore from them, or is there?
I have constant 502 error on btalk.
We are still processing withdraws, 226 done/204 left.
In ~hour we are going to pause it and go to sleep, will continue tomorrow.

Please check user Mikael before ending today.

Chrs,
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 08:34:49 PM
There seems to be no action anymore from them, or is there?

15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 06:41:55 PM
I lost a lot too ...
And I think 16 percent loss is not the end of the world.
I lost the same and even more with doge, and others crypto i'm in.
Also , they saved you ! you were going to buy UTC so anyway you will lose a lot haha. (humor)
This is wild-west.
I understand podizzle, you have the balance, you can verify wich users were affected. I was not !
a little shaddy, but fine for me.
i appreciate the effort.
Keep goin on.
>I lost the same and even more with doge, and others crypto i'm in.
No you not. If you mean our exchange, other currencies (other than leaf and ltc) are fully refunded.
I mean in my global portfolio , not your website lol
You are a little paranoid .
I think it is time for you to have a break and sleep ^^
good luck

Thanks,
>You are a little paranoid .
Yes, i am. Thanks for offer, but i will go sleep only after atleast 1/2 of all refunds will be processed.

UPD: 151 processed, 231 to go.

From most peoples replies i carefully judge your doing whatever u can to correct the mess. (except the above posts)

Anycase just send you my password to refund user Mikael.
Thanks,
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 05, 2014, 12:06:59 PM
how will our money be refunded? i deposited 150ltc there last night now i am supposed to accept it is all gone?

The fact is explanations are shadddy !

Funds were partialy hacked. Probably weak accounts, but if you don't have access to your account, how to know if you are concerned.
No server logs? history ? LTC adress to trace ? Mmmm

What ? some guys use '123' as password and we have to pay ?

I do agree with you, they are trying to let us pay for their bad security management. the hacker was actually on the forum mentioning the site owners account he did hack earlier.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 11:58:59 AM
I repeat so noone will be misunderstood.
We will refund all crypto by 100% , 64% of leaf and 84% LTC. So if you had 1 ltc we can only refund 0.84 to you, because if you will have all, someone will have nothing. If you disagree with this statement - write smth.

If Your account is hacked its your own responsibility to take care for the your site security! (hacker has mentioned it before)

Indeed, so why should I pay for your mistakes, I want 100% Ltc refund as you per email confirmed its still at untouched in the account.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 05, 2014, 11:30:18 AM
http://binaryfund.co.uk/  will take UTC. This exchange is brand new and will launch soon!!

i have gotten a sneak peak into the trading platform and it looks wonderfull!


They have spent a long time on developing and they are professionals.This exchange will be big.

I guess we've other worries now rather than putting our money on a brand new site Sad

Losing it again?? I don't think so...


(ps: I assume Ive to check the security settings of these sites myself)
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched on: February 05, 2014, 10:53:31 AM
i just got word freshmarket is being held hostage  Angry

this message was posted in the chatbox or coinex.pw

UTC_Ultracoin:

I'm really sorry to say this, but it seems that our security system wasn't enough. Just now i received a message from someone that he has hacked our exchange, and if we want to stop this, we have to pay 10 BTC. Obviously, we are not going to pay our users' money, and we temporarily closed the exchange. We have made an secutity audit to see what's missing, and found ~1200 LTC stolen (nearly 40% of all LTC), nearly ~50% of LEAFcoins, and ~20% NYANcoins. All other currencies remained nearly unchanged. Just now we deciding what refund can we make (dev team has nearly 200 LTC on their own, and i can give up some too). We will make a message after we have an agreement. We will 100% refund all other (not-leaf, nyan or LTC) currencies, and try to refund as much ltc as we can. As i see, it was sql-injection, but it doesn't helped him much - all passwords are stored as hashed ones. So he just brute-forced all low-security passwords to steal their money. So if you haven't got email auth - it is possible that your account was just jacked. I also have possible ideas about openex malware in source code, but without proofs i can't do anything.

I think im going to be physically sick... Lips sealed i transferred 90 litecoins there an hour before i went to sleep just to support bumface's new coin, bought over 2.5k UTC and had the rest on order, what the fucking hell. And no i haven't been holding them since they were a penny, those were a major part of my investments...

This is why cryptos are doomed to fail.

This is why the average joe should never touch BTC or anything like it. There is way too much risk for regular folks and way too much profit for some piece of shit hacker.

This grand experiment is a mistake.

For the exact same reason we're @the same page, I also put my Ltc there to prebuy utc.

I guess we are being frauded > unfortunately very bad rep marketing for this industry Sad


But now my next qst off course is, can we trust the other well known sides? whom we can trust anyway still?
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW EXCHANGE] | freshmarket.co.in - Temporarily closed on: February 05, 2014, 10:36:28 AM
36.64902892 Litecoins from my address were sent here:
http://ltc.block-explorer.com/tx/5050b8d57c7e1ef560ba19fcb48b4721b91d108dccd00db224507f2d44d17920

send me, please

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