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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946563 times)
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bumface (OP)
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June 20, 2014, 09:06:36 AM
 #15801

Let me be clear about POS.

When ziggy coded the coin, he and i both were under the assumption that pos was active.During the 3 phase wallet update i found out from the dev that POS was dormant (sleeping) and would be activated in 6 years after all mining was complete.

Then he found a way to give everybody the POS they had saved up into the past,so we could track who saved what ands still pay everybody....The reason we did not communicate this was becasue the old team was falling apart, and we could not take another reputational hit...So if all goes well, everybody will recieve all the pos they saved up.

If it goes wrong , blame me. dont blame the new guys.What they say is true, they have to start where we left off....they have to fix the issues of the last guy,just like in politics.

SInce they took over many great things have already happened, and its only been one week.I am fully behind my decision to give total control to them.This was the best thing to do for the coin.These are professional buisnessmen and entrepeneurs and they will treat the coin as if it was a real buisness...

Dont blame them for things in the past , and give them a chance and room to operate.Forget the past and focus on the future.

I apologise for things that have happened, although they were not completely my fault.im not going into who did what again since throwing sand in peoples eyes is not my style....

Lets all come together as a community and make this coin a succes.There are a group of people here with the same names,and i am very very proud of them.We have hit the bottom, and you guys never left!

I feel so proud to know a group of people that stuck with this coin , when everything failed.YOU are the guys that deserve to benefit from it....

I truly believe that after all the bad things that happened to this coin , it can now make a fresh start with the new team!

michael



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June 20, 2014, 09:23:12 AM
Last edit: June 20, 2014, 09:39:27 AM by utcminer
 #15802

Let me be clear about POS.

When ziggy coded the coin, he and i both were under the assumption that pos was active.During the 3 phase wallet update i found out from the dev that POS was dormant (sleeping) and would be activated in 6 years after all mining was complete.

Then he found a way to give everybody the POS they had saved up into the past,so we could track who saved what ands still pay everybody....The reason we did not communicate this was becasue the old team was falling apart, and we could not take another reputational hit...So if all goes well, everybody will recieve all the pos they saved up.

If it goes wrong , blame me. dont blame the new guys.What they say is true, they have to start where we left off....they have to fix the issues of the last guy,just like in politics.

SInce they took over many great things have already happened, and its only been one week.I am fully behind my decision to give total control to them.This was the best thing to do for the coin.These are professional buisnessmen and entrepeneurs and they will treat the coin as if it was a real buisness...

Dont blame them for things in the past , and give them a chance and room to operate.Forget the past and focus on the future.

I apologise for things that have happened, although they were not completely my fault.im not going into who did what again since throwing sand in peoples eyes is not my style....

Lets all come together as a community and make this coin a succes.There are a group of people here with the same names,and i am very very proud of them.We have hit the bottom, and you guys never left!

I feel so proud to know a group of people that stuck with this coin , when everything failed.YOU are the guys that deserve to benefit from it....

I truly believe that after all the bad things that happened to this coin , it can now make a fresh start with the new team!

michael



Then he found a way to give everybody the POS they had saved up into the past,so we could track who saved what ands still pay everybody....,,,.So if all goes well, everybody will recieve all the pos they saved up.

what does that mean?
 "the POS they had saved up into the past" if you have not activated the POS,then how can anybody save up the POS? does that mean " stake minting"or something else ?
"so we could track who saved what ands still pay everybody" how to track?
I'm confused

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool
bumface (OP)
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June 20, 2014, 09:51:28 AM
 #15803

utcminer : the dev told me the records are stored in the blockchain,so we should be able to backtrack the data...

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June 20, 2014, 09:56:37 AM
 #15804

utcminer : the dev told me the records are stored in the blockchain,so we should be able to backtrack the data...
ok
if POS is about minting,so i have opened my wallet and enable stake minting every time on system login,so i can receive my POS ?0.1% per week?

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool
bumface (OP)
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June 20, 2014, 10:02:53 AM
 #15805

utcminer : the dev told me the records are stored in the blockchain,so we should be able to backtrack the data...
ok
if POS is about minting,so i have opened my wallet and enable stake minting every time,so i can receive my POS ?0.1% per week?

yes, minting = making POS savings

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June 20, 2014, 10:04:41 AM
 #15806

Let me be clear about POS.

When ziggy coded the coin, he and i both were under the assumption that pos was active.During the 3 phase wallet update i found out from the dev that POS was dormant (sleeping) and would be activated in 6 years after all mining was complete.

Then he found a way to give everybody the POS they had saved up into the past,so we could track who saved what ands still pay everybody....The reason we did not communicate this was becasue the old team was falling apart, and we could not take another reputational hit...So if all goes well, everybody will recieve all the pos they saved up.

If it goes wrong , blame me. dont blame the new guys.What they say is true, they have to start where we left off....they have to fix the issues of the last guy,just like in politics.

SInce they took over many great things have already happened, and its only been one week.I am fully behind my decision to give total control to them.This was the best thing to do for the coin.These are professional buisnessmen and entrepeneurs and they will treat the coin as if it was a real buisness...

Dont blame them for things in the past , and give them a chance and room to operate.Forget the past and focus on the future.

I apologise for things that have happened, although they were not completely my fault.im not going into who did what again since throwing sand in peoples eyes is not my style....

Lets all come together as a community and make this coin a succes.There are a group of people here with the same names,and i am very very proud of them.We have hit the bottom, and you guys never left!

I feel so proud to know a group of people that stuck with this coin , when everything failed.YOU are the guys that deserve to benefit from it....

I truly believe that after all the bad things that happened to this coin , it can now make a fresh start with the new team!

michael




Michael, thank you for clearing the air and setting the record straight.  Your apology is accepted and appreciated.  This demonstrates the kind of leadership that UTC needs and deserves and I wish you well going forward.
As to the other new community members that decided to attack me for my valid questions, I will not respond.  


utcminer
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June 20, 2014, 10:05:40 AM
 #15807

utcminer : the dev told me the records are stored in the blockchain,so we should be able to backtrack the data...
ok
if POS is about minting,so i have opened my wallet and enable stake minting every time,so i can receive my POS ?0.1% per week?

yes, minting = making POS savings

good news to me!


http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
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June 20, 2014, 10:52:59 AM
 #15808


Thank you for the announcement and the clearafying about proof of stake just now.

I see the last days the sun start shinning strongly with our new team !

Keep on going like this
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June 20, 2014, 10:54:14 AM
 #15809

PS love the new 2.0 banner
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June 20, 2014, 11:59:33 AM
 #15810

Ultracoin isnt appearing on coinmarketcap?
bumface (OP)
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June 20, 2014, 12:04:07 PM
 #15811

Guys, i just got word that dcgirl is getting nasty PM`s from some people ....although we had our disagreements this is not acceptable.

Please stop that, for whom it may concern......

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June 20, 2014, 01:07:50 PM
 #15812

Guys, i just got word that dcgirl is getting nasty PM`s from some people ....although we had our disagreements this is not acceptable.

Please stop that, for whom it may concern......
I think it's probably related to her FUDing utc whenever she gets a chance. (It's not me)
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June 20, 2014, 01:15:56 PM
 #15813

Hey All,

Calling on the support of the UTC community here. Currently our Multipool is doing great, we have good numbers with good profitability. but we are only moving roughly 0.5 - 0.8 BTC a day worth of UTC....

As you know, Thiago and I have just recently joined the development team and we really do hope to see this coin fly us past to moon and land on Mars! The moon we can have a luxurious pent house on for our holidays Tongue

Theres a few ways we could get more attention for UTC and for the pools we have, the first one obviously being to post more advertisements etc etc, but honestly, nobody reads them, and if they do read them, they go, oh thats nice then keep scrolling.
The approach I want to take is to simply add a discrete link in our profile signature on the forums we are signed up to, very simply and very plain, it will get people curious if they start to see it everywhere!!

For those who don't mind, if you could kindly just 3 links into your profile signatures, it would be greatly appreciated and hopefully we can take UTC to Mars much sooner than we expect!

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool

Thanks all!
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June 20, 2014, 01:33:37 PM
 #15814

Hey All,

Calling on the support of the UTC community here. Currently our Multipool is doing great, we have good numbers with good profitability. but we are only moving roughly 0.5 - 0.8 BTC a day worth of UTC....

As you know, Thiago and I have just recently joined the development team and we really do hope to see this coin fly us past to moon and land on Mars! The moon we can have a luxurious pent house on for our holidays Tongue

Theres a few ways we could get more attention for UTC and for the pools we have, the first one obviously being to post more advertisements etc etc, but honestly, nobody reads them, and if they do read them, they go, oh thats nice then keep scrolling.
The approach I want to take is to simply add a discrete link in our profile signature on the forums we are signed up to, very simply and very plain, it will get people curious if they start to see it everywhere!!

For those who don't mind, if you could kindly just 3 links into your profile signatures, it would be greatly appreciated and hopefully we can take UTC to Mars much sooner than we expect!

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool

Thanks all!

DONE. ....  If we could just put up some big buy walls.... daytraders putting price down every time the multipool buys it up. Big buy wall will prevent daytraders to sell and everybody will buy up

WARNING HIGH SPEED - UTC - Ultracoin
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June 20, 2014, 01:35:48 PM
 #15815

Hey All,

Calling on the support of the UTC community here. Currently our Multipool is doing great, we have good numbers with good profitability. but we are only moving roughly 0.5 - 0.8 BTC a day worth of UTC....

As you know, Thiago and I have just recently joined the development team and we really do hope to see this coin fly us past to moon and land on Mars! The moon we can have a luxurious pent house on for our holidays Tongue

Theres a few ways we could get more attention for UTC and for the pools we have, the first one obviously being to post more advertisements etc etc, but honestly, nobody reads them, and if they do read them, they go, oh thats nice then keep scrolling.
The approach I want to take is to simply add a discrete link in our profile signature on the forums we are signed up to, very simply and very plain, it will get people curious if they start to see it everywhere!!

For those who don't mind, if you could kindly just 3 links into your profile signatures, it would be greatly appreciated and hopefully we can take UTC to Mars much sooner than we expect!

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool

Thanks all!

DONE. ....  If we could just put up some big buy walls.... daytraders putting price down every time the multipool buys it up. Big buy wall will prevent daytraders to sell and everybody will buy up

Thank you!

I am currently rewriting the profit switcher to be much more aggressive with it's buying patterns. To buy UTC every 10 minutes. This should help get rid of those pesky day traders. But alternatively, A buy wall at 3500 would ensure the coin rises higher and also will get them a nice amount of UTC Cheesy
bumface (OP)
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June 20, 2014, 02:04:21 PM
 #15816

Hey All,

Calling on the support of the UTC community here. Currently our Multipool is doing great, we have good numbers with good profitability. but we are only moving roughly 0.5 - 0.8 BTC a day worth of UTC....

As you know, Thiago and I have just recently joined the development team and we really do hope to see this coin fly us past to moon and land on Mars! The moon we can have a luxurious pent house on for our holidays Tongue

Theres a few ways we could get more attention for UTC and for the pools we have, the first one obviously being to post more advertisements etc etc, but honestly, nobody reads them, and if they do read them, they go, oh thats nice then keep scrolling.
The approach I want to take is to simply add a discrete link in our profile signature on the forums we are signed up to, very simply and very plain, it will get people curious if they start to see it everywhere!!

For those who don't mind, if you could kindly just 3 links into your profile signatures, it would be greatly appreciated and hopefully we can take UTC to Mars much sooner than we expect!

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool

Thanks all!

thats an excellent idea

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June 20, 2014, 02:35:48 PM
 #15817

very exciting stuff, feels like january all over again Cheesy
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June 20, 2014, 02:41:46 PM
 #15818

Hey All,

Calling on the support of the UTC community here. Currently our Multipool is doing great, we have good numbers with good profitability. but we are only moving roughly 0.5 - 0.8 BTC a day worth of UTC....

As you know, Thiago and I have just recently joined the development team and we really do hope to see this coin fly us past to moon and land on Mars! The moon we can have a luxurious pent house on for our holidays Tongue

Theres a few ways we could get more attention for UTC and for the pools we have, the first one obviously being to post more advertisements etc etc, but honestly, nobody reads them, and if they do read them, they go, oh thats nice then keep scrolling.
The approach I want to take is to simply add a discrete link in our profile signature on the forums we are signed up to, very simply and very plain, it will get people curious if they start to see it everywhere!!

For those who don't mind, if you could kindly just 3 links into your profile signatures, it would be greatly appreciated and hopefully we can take UTC to Mars much sooner than we expect!

http://ultracoin.net/ - Ultracoin Website
http://cryptotrain.net/ - Ultracoin Multipool
http://ultracoinpool.info/ - Ultracoin Pool

Thanks all!
Done

You'll never know what you're living for until you know what you're willing to die for.
Never look back, something might be gaining on you.
tsjaar
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June 20, 2014, 03:19:21 PM
 #15819

very exciting stuff, feels like january all over again Cheesy

Wich means.... welcome back ??  Grin     Roll Eyes

WARNING HIGH SPEED - UTC - Ultracoin
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June 20, 2014, 03:28:43 PM
 #15820

Remember guys, dissent is always good for the coin, so don't label everyone who has questions as FUDsters. Bumface gave a great answer that never would have been given if he didn't receive a great question. Trolls are a different story...

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