PROBABLE SCAM WARNING:
Beware of this coin. This coin may NOT be a scam, however there are MANY red flags with this coin. I am providing evidence and my personal opinion, but you should form your own and beware of all the risks below!
RED FLAG #1 & REASON #1 - NOT REGISTERED WITH MSB/SEC, DOES NOT FOLLOW KYC/AML AND IS SUBJECT TO INVESTIGATION / SEIZURE BY THE UNITED STATES SECURITIES EXCHANGE COMMISSION
RED FLAG #2 & REASON #2 - PREMINE is no good - what incentive do you have to finish the project beyond a copy / paste / search / replace of Bitcoin's source code? You already have the premine coins.only Pos now
Guys, i know most of you looking for coin to mine PoW but USC is not one of those coin. We have seen many coins die because not enough fund and dont have support . It is ok you can curse or say anything negative about our stail or premine , soon you will be amaze by our result. Remember that , ethereum also start with big chuck of premine and many people keep spreading fud about it, but now it is one of the most result oriented coin .
Premine will guarantee no investors -- or no smart investors anyways. Please refer to this thread - posting #3
https://bitcointalk.org/index.php?topic=1506161.msg15154970#msg15154970Also, you claim to have set yourself apart with "unique" features... But your feature list is basically empty... So it is an anon-coin, a secure coin, so what? Monero ZCash, and CloakCoin are already doing these things better and have been around longer. You never gave any example of a feature that sets your coin apart... You were not first to market, and so at a major disadvantage with a huge burden of proof that the project IS better than the first to market projects. You focus on replacing bitcoin when you can't even replace the coins in your genre, privacy coins. Before you attempt setting sights too high on bitcoin, how about you surpass Monero and ZCash first?
as post #5 states:
https://bitcointalk.org/index.php?topic=1506161.msg15155884#msg15155884For starters who ever issued the pre-mine will likely be an MSB under FinCEN regulations in the United States either as an Exchanger or Administrator.
https://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html. If the proceeds of the pre-mine are sold in whole or in part to fund development of the coin then there is a very good case for at least an Exchanger status for the devs who created the pre-mine. If these devs are not registered as an MSB within the required period (I believe it is 6 months) then they are in violation of the law. If they register as an MSB then they have to do AML/KNC. So as far as I can see they are scamming the users, scamming the government or both.
Edit: Ripple had to pay substantial fines because of this. The fact that Ripple acknowledged it was a pre-mine was part of the settlement.
https://www.fincen.gov/news_room/nr/pdf/Ripple_Facts.pdfAs this coin is premined, this coin is required to register with the MSB and perform KYC/AML within 6 months of its ICO/ITO otherwise this coin violates US Securities laws - I advise anyone who holds this coin to dump it until registration / KYC / AML is complete. Otherwise you are not protected and you risk losing your assets in the event of a lawsuit and/or asset freeze. Get ready to be either slapped REAL hard by the SEC, or worse, shut right down and prosecuted.
RED FLAG #3 & REASON #3 - Accuses people of "trolling" when they ask a simple question: "what is the 60% for?" No dev should do this to anyone.
40% distributed to our angel investors .
60% from premine is being keep in 3 address
What will this 60% serve?
60% serve for future dump.
40% distributed to our angel investors . I have seen better tries to scam.
60% from premine is being keep in 3 address What will this 60% serve?
lol trollers , is that all you got ? say whatever you want to say , right now USC is staying strong with 22btc Buy Wall support on Novaexchanger on its third day trading .
https://novaexchange.com/market/BTC_USC/ SO WHAT IS THE REAL REASON FOR HOLDING 60% OF COINS? You do realize that everyone agrees that 20% is the maximum coins the dev should hold right? So right off the bat, you ask for more than 60% of the ICO/ITO market cap value. Investors pay 10 million, you take 6 million and run off, project dies, investors lose 6 million market cap.
60% is insanely high... Are you narcissistic? It sure seems like you worship yourself when you take that much and cant even run a grammar check on your website and whitepaper.
HUGE RED FLAG #4: Further more, they asked you a legitimate question "what will this 60% serve?" and your response is not to answer the question, but to call them "trollers"?
BIG RED FLAG #5 & REASON #4 - IGNORES QUESTIONS & TELLS PEOPLE who disagree or question things to "GTFO". No developer should do this to anyone either.only fool like you will do that.. just watch us grow haters
Just tell me what is innovative in your coin?
- clone coin.
- 100% premined.
Nothing new, all you did is sent your premine to exchange for sell, so its obvious you are seeking for bitcoins by offering nothing.
It is already been state the development will be disclose as time goes by, if you cant wait then just GTFO
So this is how you debate , Anyone disagree with your 100% premined clone coin , you send him GTFO.
I guess everyone can see what kind of Dev you are.
Better to stay away from this coin.
Dev previous signature.
Does not answer anything and constantly tells people to GTFO when they ask a simple question. Even puts it in his signature because everyone does not like his project - I bet he was tired of telling people "I dont give a fcuk and GTFO" so he put in signature - shows how many people DISLIKE HIS PROJECT! He had to send a "mass-GTFO" bahahaha LMFAOROFLCOPTER
BIG RED FLAG #6 & REASON #5 - Calls everyone who questions / disagrees / complains / suggests something a "troll" as a last resort of defense. Yes I put "calls troll" as a reason twice but seems to extra like calling people trolls and to GTFO.yea, just stay away....we dont need trolls like you. go play somewhere else troll
BIG RED FLAG #7 & REASON #6 - DEVELOPER HAS NOT POSTED HERE SINCE May 12, 2017, 02:45:11 PM -- this is about 10 months ago as of this posting!!!
CONCLUSION: This coin has MANY red flags, and MANY of them are HUGE RED FLAGS - especially the first one. If this coin is still alive after 6 months without following KYC/AML I will be surprised!
It is not advised to risk your investment on this coin. The US SEC can come down hard on this coin at ANY time after 6 months should the developer not register with the SEC or other proper agencies and follow KYC/AML.Further more, the developer has abandoned his ANN thread on May 12, 2017 and has not posted at all for at least 10 months
RESPONSES TO OTHER POSTERS:This is the next Bitcoin, only better, it already has SegWit!
No it does not... Look at the roadmap on the website. If you think they can create a coin, and program segwit from scratch before even Bitcoin does, you are sadly mistaken. 1) Bitcoin has head start on segwit 2) No one will try to beat BTC devs to the punch, they would rather the BTC devs do the hard work, and then just pull the new segwit code into their crappy project. 3) Bitcoin invented segwit and was first to market with it. Nuff said. Furthermore, please explain how this is the "next" bitcoin and how the lack of unique features sets this coin apart ...
https://ultimatesecurecash.info/#roadmap -- Segwit is between May and July. It is only March. It is not yet implemented while BTC has been testing and running segwit on mainnet.
Total Coins: 200m
Yes, we are listing it with cheapest as possible
gorokill was not asking how much the project costs, he or she was asking WHY 200 Million coins? gorokill is implying that it is TOO MUCH compared to bitcoin's 21 Million. This coin will never hit more than $0.50 USD -- It has seen it's ATH at $0.35 USD and only touched it once.
TO BE CLEAR: I will NOT be investing in this coin. I am willing to risk hundreds of dollars on an legitimate project, but I am not willing to give hundreds of dollars away for free to a copy / paste / search / replacer.I wish that USC developer can and will prove me wrong, however it is HIGHLY unlikely. Message me when you pass $0.50 and I will congratulate you
Best of luck