[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!

[RichardMiner]

People before where speaking about it, is it a good thing for UTC?

Sorry for my noob question

Any body actually know what full pos means? i know what pos is, but full?

It means you cannot mine any more, only POS minting.

[1714800393]

1714800393

[1714800393]

1714800393

[1714800393]

1714800393

[Martonmax]

Any body actually know what full pos means? i know what pos is, but full?

It means you cannot mine any more, only POS minting.

Indeed allot of coins that go Full pos will go 10x the value because you cant mine it anymore!!
So you dont have the daily dumps from all the miners.

Next to that you will creating a higher demant for the coin! so normally FULL poss is a good thing but you never know

[Marnie1976]

guys sombuddy is sayin ultracoin wil full pos

Where this rumor started, which irc chat? Which coin dev is the source ? Is there any serious confirmation?

Can our management team answer if this is just an rumor or that it is correct please?

[king_pin]

Has anyone mined successfully with a 5850 or 5870 or an 5XXX series??? 

[cointradero]

A few things:

1)  I highly doubt UTC is going full PoS anytime soon.  It was always the plan that it would at some point in time much later down the road after PoW ended, though.  

2)  The 10x gain from PoS being "unmineable" after the initial distribution stage has long since passed.  Most PoS only coins that have a short distribution stage peak about 2 days before PoW distribution ends and then they are dumped hard.  

3)  Switching a coin like this to full PoS would alienate everyone not in the community already.  If I don't have UTC, what is my incentive to buy it from you since there is no other way for me to get it?  What would differentiate you from the 50 other PoS only coins that exist now?  

4)  It's the trollbox.... I don't need to elaborate.  

[usukan]

Might I just suggest we change the word "bagholders"  (will be added to a directory where Ultracoin bagholders can look and see )

"investors" or just "holders" or maybe even "clients"?

bagholders has some very negative connotations and  bad emotional messages to some of us.

Thanks

Hello ladies and gentlemen! I have created the rough draft for the business letter we mass e-mail potential vendors to start accepting Ultracoin! Simply copy and paste this into an e-mail and send to the specified vendor, feel free to alter it any way you choose AND BE SURE TO CHANGE THE SIGNATURE TO YOUR NAME! Follow this thread on Ultracointalk.org to stay updated with the plan of attack. http://ultracointalk.org/index.php?topic=137.0

Code:

To whom it may concern,

As a business owner I am sure you can understand the need to listen to your customers while 

offering new products and services to stay ahead of the competition. I am a customer who 

uses the crypto-currency Ultracoin as my preffered method of payment. Ultracoin is an up 

and coming, extremely fast and supported currency with a large grass roots community behind 

it. There are currently thousands of users who are holding Ultracoin, users whom are 

already using Ultracoin as a legimitate form of exchange. Businesses that support Ultracoin 

will have the full support of the community, as well as future exposure as businesses who 

accept Ultracoin will be added to a directory where Ultracoin bagholders can look and see 

where they can spend their money. If you wish to learn more about Ultracoin, here are some 

resources that I am providing for your research:  

http://Ultracoin.net/ - Ultracoin Website
http://UltracoinTalk.org/ - Ultracoin Forum 
http://[Suspicious link removed]/Nz64Aw - Ultracoin Sponsors Elsa Hammond
http://ultracointalk.org/index.php?topic=126.0 - Ultracoin Acceptance Images

Thank you for your consideration of adding Ultracoin to your list of accepted payment 

methods. If you would like to start accepting Ultracoin, the communities preferred payment 

processor is coinpayments.net, which is an easy to setup payment processor for merchants:

https://www.coinpayments.net/home

If you have any further questions please feel free to post on our forum or submit a 

question here:

http://ultracoin.net/fusion/ - Community Help Desk
http://ultracointalk.org/index.php?board=13.0 - Ultracoin Marketplace

Sincerely,

Undersigned

Today's business we will be targeting is: http://btcpipeshop.com/

They accept a wide variety of crypto-currency so there is a high chance that they will accept Ultracoin with a little push.

Go to this link and send an inquiry form: http://btcpipeshop.com/index.php?route=information/contact

[SxC]

going full pos would be bad news and no1 would touch UTC just like now

why you say well

ppl like a fair distribution and UTC has alot of big bagholders

[PaulR1]

Hello ladies and gentlemen! I have created the rough draft for the business letter we mass e-mail potential vendors to start accepting Ultracoin! Simply copy and paste this into an e-mail and send to the specified vendor, feel free to alter it any way you choose AND BE SURE TO CHANGE THE SIGNATURE TO YOUR NAME! Follow this thread on Ultracointalk.org to stay updated with the plan of attack. http://ultracointalk.org/index.php?topic=137.0

Code:

To whom it may concern,

As a business owner I am sure you can understand the need to listen to your customers while 

offering new products and services to stay ahead of the competition. I am a customer who 

uses the crypto-currency Ultracoin as my preffered method of payment. Ultracoin is an up 

and coming, extremely fast and supported currency with a large grass roots community behind 

it. There are currently thousands of users who are holding Ultracoin, users whom are 

already using Ultracoin as a legimitate form of exchange. Businesses that support Ultracoin 

will have the full support of the community, as well as future exposure as businesses who 

accept Ultracoin will be added to a directory where Ultracoin bagholders can look and see 

where they can spend their money. If you wish to learn more about Ultracoin, here are some 

resources that I am providing for your research:  

http://Ultracoin.net/ - Ultracoin Website
http://UltracoinTalk.org/ - Ultracoin Forum 
http://goo.gl/Nz64Aw - Ultracoin Sponsors Elsa Hammond
http://ultracointalk.org/index.php?topic=126.0 - Ultracoin Acceptance Images

Thank you for your consideration of adding Ultracoin to your list of accepted payment 

methods. If you would like to start accepting Ultracoin, the communities preferred payment 

processor is coinpayments.net, which is an easy to setup payment processor for merchants:

https://www.coinpayments.net/home

If you have any further questions please feel free to post on our forum or submit a 

question here:

http://ultracoin.net/fusion/ - Community Help Desk
http://ultracointalk.org/index.php?board=13.0 - Ultracoin Marketplace

Sincerely,

Undersigned

Today's business we will be targeting is: http://btcpipeshop.com/

They accept a wide variety of crypto-currency so there is a high chance that they will accept Ultracoin with a little push.

Go to this link and send an inquiry form: http://btcpipeshop.com/index.php?route=information/contact

....Great start for the mass e-mailing.
Lets al follow these steps rapture333 shows us.

We need everybody to help !

Can we count on you

[rapture333]

You're right, I like investor better. Changed. If anything is going to raise the price of Ultracoin in the long run, it is getting more people to spend it! We were able to get on coinpayments, now let's finish the job!

[barbados-fs]

You're right, I like investor better. Changed. If anything is going to raise the price of Ultracoin in the long run, it is getting more people to spend it! We were able to get on coinpayments, now let's finish the job!

Hello, can I explain the procedure of any store that accepts coins and crypto will take UTC?
For example, I paid for the items UTC, what will do next with these shopkeeper UTC? Sell ​​on the stock exchange? Or what? Thank you.

[rapture333]

You're right, I like investor better. Changed. If anything is going to raise the price of Ultracoin in the long run, it is getting more people to spend it! We were able to get on coinpayments, now let's finish the job!

Hello, can I explain the procedure of any store that accepts coins and crypto will take UTC?
For example, I paid for the items UTC, what will do next with these shopkeeper UTC? Sell ​​on the stock exchange? Or what? Thank you.

That is up to the discretion of the shopkeeper. The business can either sell on an exchange, or keep the coins in their wallet. But to my knowledge coinpayments doesn't automatically cash out in an exchange.

[PocketCrypto]

Hello UltraCoin Community!

We've just released PocketCrypto, a new Cryptocurrency Management App that will allow you to easily manage your UltraCoin investment.  Hope you guys will check out the app and Good Luck to All!

We currently support all coins on Mintpal and Cryptsy. Polo and Bittrex will be added in approximately a week.



Pro Version (super awesome!) (no ads) (earlier updates)(no coin limit) (just because you love us )

Free Version (still awesome!)(10 coin limit)

Please check out our main post for additional info, Thanks!
https://bitcointalk.org/index.php?topic=660696.0

[utcminer]

2014-07-01 00:32:37   Sell   0.00003500   100.00000000   0.00350000
2014-07-01 00:32:37   Sell   0.00003549   6.50272731   0.00023078
2014-07-01 00:32:37   Sell   0.00003600   18571.53694166   0.66857533
2014-07-01 00:32:33   Sell   0.00003601   16.12540596   0.00058068
2014-07-01 00:32:33   Sell   0.00003600   1191.51093607   0.04289439
2014-07-01 00:30:48   Sell   0.00003600   183.87459404   0.00661949
2014-07-01 00:30:48   Sell   0.00003601   16.12540596   0.00058068
2014-07-01 00:27:35   Sell   0.00003600   100.00000000   0.00360000
2014-07-01 00:27:35   Sell   0.00003600   12.89510000   0.00046422
2014-07-01 00:26:39   Sell   0.00003600   983.85459404   0.03541877
2014-07-01 00:26:39   Sell   0.00003601   16.12540596   0.00058068
2014-07-01 00:25:31   Sell   0.00003600   200.00000000   0.00720000
2014-07-01 00:25:21   Sell   0.00003600   272.25241754   0.00980109
2014-07-01 00:24:04   Sell   0.00003600   223.93299972   0.00806159
2014-07-01 00:24:04   Sell   0.00003601   8.06700028   0.00029049
2014-07-01 00:23:59   Buy   0.00003601   8.05840568   0.00029018
2014-07-01 00:23:53   Sell   0.00003600   200.00000000   0.00720000
2014-07-01 00:23:15   Sell   0.00003600   4312.88582857   0.15526389
2014-07-01 00:23:04   Sell   0.00003600   4279.37221273   0.15405740
2014-07-01 00:23:03   Sell   0.00003600   950.00000000   0.03420000
2014-07-01 00:23:03   Buy   0.00003601   16.12540596   0.00058068
2014-07-01 00:22:19   Sell   0.00003600   471.70961485   0.01698155
2014-07-01 00:22:07   Sell   0.00003600   98.00000000   0.00352800
2014-07-01 00:21:47   Buy   0.00003601   16.12540596   0.00058068
2014-07-01 00:20:57   Buy   0.00003601   16.12540596   0.00058068
2014-07-01 00:20:01   Sell   0.00003601   16.12540596   0.00058068
2014-07-01 00:17:44   Sell   0.00003600   6.93461022   0.00024965
2014-07-01 00:17:14   Buy   0.00003600   100.00000000   0.00360000
2014-07-01 00:17:14   Buy   0.00003600   98.00000000   0.00352800
2014-07-01 00:17:14   Buy   0.00003598   488.60000000   0.01757983
2014-07-01 00:17:14   Buy   0.00003595   21.92348621   0.00078815
2014-07-01 00:17:14   Buy   0.00003595   265.58132400   0.00954765
2014-07-01 00:17:14   Buy   0.00003558   22.14990168   0.00078809
2014-07-01 00:17:14   Buy   0.00003541   6.21310966   0.00022001
2014-07-01 00:17:14   Buy   0.00003530   100.00000000   0.00353000

first step  ,set buy wall at 0.00003~0.00005

[tammuz]

Can't understand which N-factor Ultracoin has at the moment. According this page it has N=13, but miner says that N-factor is 15

[primouno]

Can't understand which N-factor Ultracoin has at the moment. According this page it has N=13, but miner says that N-factor is 15

I don't now why miner is showing n 15 but if you don't get any HW errors there is nothing to worry about

[tammuz]

I don't now why miner is showing n 15 but if you don't get any HW errors there is nothing to worry about

I worry about hashrate, miner have speed corresponding to nfactor 15 (I compared speed with YAC, this coin had nfactor 13 recently and changed to 15)

[derBruchpilotPro]

Hi all!

Long time since my last post here... but I had always an eye on UTC and I have now more UTC than ever (unfortunately cause its cheap now).

Things are moving much faster than it was predictable at UTC start, sooo much shitcoins out there and we see the BTC floating from one coin to another, I think there are not much (not enough) new BTC flowing into the Altcoin scene to keep a coin-value UP.
Rat4 leaned this lesson and started Blackcoin as a full POS coin, but now ALL other new coins doing the same...

IMHO (almost) all mineable coins got milked for buying PoS coins, one big advantage of UTC is here that it uses Scrypt-Jane/Chacha which prevents the coin being raped by multipools, but this also make it harder to find new miners. (low diff, low price)

We're at a selection stage in the coin evolution, I don't know how long PoW coins can survive without a MAJOR-super-feature or whatever gimmick.

Too much has happened since January, I think UTC has to move to full PoS, better sooner than later.
I don't know if its possible to use the full PoS with 6s Blocktime but this should be tested.

[bumface]

Hello UltraCoin Community!

We've just released PocketCrypto, a new Cryptocurrency Management App that will allow you to easily manage your UltraCoin investment.  Hope you guys will check out the app and Good Luck to All!

We currently support all coins on Mintpal and Cryptsy. Polo and Bittrex will be added in approximately a week.



Pro Version (super awesome!) (no ads) (earlier updates) (just because you love us )

Free Version (still awesome!)

Please check out our main post for additional info, Thanks!
https://bitcointalk.org/index.php?topic=660696.0

Thanx man, that looks awesome!

[RichardMiner]

....
Too much has happened since January, I think UTC has to move to full PoS, better sooner than later.
I don't know if its possible to use the full PoS with 6s Blocktime but this should be tested.

@derBruchpilotPro

did you noticed this message in the tread?
I read on other treads and there are lovers and haters of full pos coins

You say UTC has to move to full pos. So you believe it will be good for UTC yes ?
For me this is like Abracadabra so can you or somebody else explain this in clear and simple one liners to me as nooby?
I believe more ppl would like to know and understand about the pros and cons

WTF.... what does full pos mean for my bag? is it good or bad news ?

guys sombuddy is sayin ultracoin wil full pos

What do you think!! if you have a bag thats great news if you dont!! like me it isnt!

[rapture333]

Guys, remember that the true value of a coin isn't measured in dollar value. Look at Doge Coin, it is worth a fraction of a fraction of a penny, yet hundreds of thousands of dollars are invested in it everyday. Don't lose sight of why we are in crypto. The bankers are playing a game with our money supply, and its time we abandon them. That's why the goal of nearly all crypto (with the exception of some) is primarily to be used as currency. If you had a currency that could tell time, walk your dog, make dinner and keep your wife happy, it still wouldn't be a successful currency if no one accepts it! Without acceptance, everything else is just a gimmick. Bitcoin itself is really just a plain coin, their are plenty of other cryptos that have much more to offer in terms of speed, security and features. Yet Bitcoin is favorited by all because it is the most accepted of all. Bitcoin had the luxury of being first, but in order for Ultracoin to be one of the best, and in order for an alt-coin to ensure its survival it will need a plan for long term acceptance. Simple economics 101, money is a medium of exchange, without that their is no accounting trick in the book that will make a greater return on your investment. All this talk about cutting block rewards, going full POS, etc, is all meaningless without mainstream acceptance.

Now, we all know what kind of community involvement it took to get accepted on coinpayments, the next step is to get accepted by as many vendors as we possibly can on coinpayments. Read this thread and copy and paste the message into the provided link in it just below. It will only take seconds, and this simple action could pave the way to the future, which of course involves our beloved Ultracoin.

http://ultracointalk.org/index.php?topic=137.0