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

[The Koolio]

Hes deleting them cause they serve no purpose apart from your own hate of this coin. They are abusive at times by the looks of it too.

[blacklig]

Imagine all that time spent deleting posts could be spent on developing this coin and helping people out.

Instead he prefers to censor

you and you buddy want to promote another coin here, you dont go into mac donald and shout burger king, and then get upset when you are asked to leave.

Perhaps you 2 should do somethign productive??

I am not really promothing any other Coin here..
but you just copy pasted shit coin and are affraid as hell that it will go out
I just pointed out some facts about vert coin, which makes it much better than this premined coin.. that is all

if people see value behind this coin, they probably tell me I am dumbass and that UTC is just superb coin and that VTC is shit.. so please stop deleting everything I wrote or you will make it ever worse

[bumface]

Imagine all that time spent deleting posts could be spent on developing this coin and helping people out.

Instead he prefers to censor

you and you buddy want to promote another coin here, you dont go into mac donald and shout burger king, and then get upset when you are asked to leave.

Perhaps you 2 should do somethign productive??

I am not really promothing any other Coin here..
but you just copy pasted shit coin and are affraid as hell that it will go out
I just pointed out some facts about vert coin, which makes it much better than this premined coin.. that is all

if people see value behind this coin, they probably tell me I am dumbass and that UTC is just superb coin and that VTC is shit.. so please stop deleting everything I wrote or you will make it ever worse

thank you for your wonderfull submission about vertcoin (which has absolutely no relation to UTC at all). can you move on with your life now please?

[blacklig]

Ok, I am not posting anymore here for now, dev is just like censonr from communistic age, its useless..

other people please just do your work, look for another ASIC resistant coins here and make your mind.. I am 99% sure, you will find way better coins with no such pressure from dev... I am sad how dirty business this become

[jakiman]

Hes deleting them cause they serve no purpose apart from your own hate of this coin. They are abusive at times by the looks of it too.

Most posts serve a purpose. I was trying to reply back to those to try and explain/defend/inform about UTC.
But now that those posts disappear, I don't even get a chance to. This thread becomes TOO artificial.
It's doing more harm than good IMO. Let them say what they think. We might even win them over to UTC.

[lolobubu]

https://freshmarket.co.in/index.php?page=trade&market=135

most recent trade on freshmarket was 25utc for 1ltc  equivalent to 1000 utc for 1btc (approx) which is about 0.001 - of course its early yet

i sold 25 for ltc probably was my trade

[Andr3wKay]

Hes deleting them cause they serve no purpose apart from your own hate of this coin. They are abusive at times by the looks of it too.

Most posts serve a purpose. I was trying to reply back to those to try and explain/defend/inform about UTC.
But now that those posts disappear, I don't even get a chance to. This thread becomes TOO artificial.
It's doing more harm than good IMO. Let them say what they think. We might even win them over to UTC.

^^ this. all over

Censoring people never works out well in the western world

[JamesRussles]

Buying 1 BTC worth of UTC....PM me offers

[blacklig]

this one was deleted as well..

Quote
Quote from: jakiman on Today at 06:54:39 PM
Quote from: The Koolio on Today at 06:49:26 PM
Hes deleting them cause they serve no purpose apart from your own hate of this coin. They are abusive at times by the looks of it too.

Most posts serve a purpose. I was trying to reply back to those to try and explain/defend/inform about UTC.
But now that those posts disappear, I don't even get a chance to. This thread becomes TOO artificial.
It's doing more harm than good IMO. Let them say what they think. We might even win them over to UTC.

thank you.
You can now reply to my original overview UTC x VTC which I dont think is anything bad and everyone is doing overviews and comparisions.. so please discuss about both coins what each has good or bad about it.. in case my overview is already deleted by time I finish this post, here it is for 10th time:

PREMINE:
UTC: yes   VTC: no
IPO:
UTC: yes    VTC: no
ASIC resistant:
UTC: yes     VTC: yes
SMOOTH launch:
UTC: no    VTC: yes
DEVs behind:
UTC: not really   VTC: yes and professional
PUSHING to get on Exchanges soon:
UTC: yes     VTC: no

and dont think that I am assuming premine is bad etc.. it is just summary.. well used premine can be good for coin.. but from some reason dev is deleting such posts..

[noobyonekenobi]

@blacklig

Just create another thread your post is not helping this thread

[Gleason]

WTB some UTC. would prefer some sort of escrow for purchase unless highly reputable member.

PM me how much you have, and your price!

Thanks,
-Brian

[**D!ABLO**]

I've read checked on this thread today a few times out of curiosity towards the new coin.

I am completely impartial; however I find it very sad that a few people spend so much time with negative comments and outright abuse.

Yes there has been a few teething issues but what would you expect?

If you don't like it, move on or create your own coin and let the rest of the community judge you too.

Peace.

[blacklig]

@blacklig

Just create another thread your post is not helping this thread

no, I am leaving this playground.
I dont really care about UTC, I just wanted to know what makes it so attractive...
IPO or Premine?
ok.. whatever.

[SxC]

Why are ppl dumping this great coin so cheap and no1 wants to buy it

https://freshmarket.co.in/index.php?page=trade&market=135

I hope the value will rise soon i want to cover my electric bill

And also keep some in storage but i cant @ this price gonna be like 1 litoshi soon per UTC

[blacklig]

I've read checked on this thread today a few times out of curiosity towards the new coin.

I am completely impartial; however I find it very sad that a few people spend so much time with negative comments and outright abuse.

Yes there has been a few teething issues but what would you expect?

If you don't like it, move on or create your own coin and let the rest of the community judge you too.

Peace.

Negative comment.. it depends on point of view..
if you feel that defending IPO and Premine is good and anathing against it is NEGATIVE, then OK..

but it is really useless.. as bumface is fastest censor ever..
hour later this thread will look again as freshly planted grass with blue sky..

[The Koolio]

I thought it might be useful to add my experience of mining UTC so people new to the thread can make up their own opinion

Disclosure
To start I am not a stakeholder, developer or have any links to UTC. I just decided to mine a new coin on top of those I've done in the past (LTC, MEC, WDC, FST, DOGE & BTC) I also have investments in MEOW, NXT and a sharehold of Crypto-trade

I started following the thread seriously on Thursday when the pre-registration was originally planned for announcement. Unfortunately this pre-registration came and went but Bumface updated the thread to inform followers.

Some confusion occurred on Saturday, 1st February due to the timezone that the coin was to be launched. Again Bumface setup a new site and confimed release time of 07:00PM GMT. During the day updates came and went from Bumface about problems continuing with the launch of an official pool. The miner software was made availabe around about midday, I have a download timestamp of 12:29PM (so well before launch time)

Before launch, 07:00PM GMT, Bumface made an announcement that it was unlikely the official pool would be available at launch but the Wallet would be available as reported and miners could go solo until pools became available.

I'm not sure exactly when Bumface made the announcement in the thread but it was around 07:00PM GMT, I refreshed the official site and followed the link to Wallets http://www.ultracoin.net/wallet.html Windows was available and I'm pretty sure so where clients for Mac, Linux and the source on Github. The Windows wallet downloaded from mega.co.nz I downloaded and have a timestamp of 07:06PM for the file.

Now I've never solo mined before and information was a bit hard to come by, especially considering this is Scrypt-Jane rather than Scrypt which is much more common for alt-coins. I did manage to figure out from posts in the thread the rpc conf settings for the wallet and the miner. I started to solo mine around 19:30 to 20:00. I was getting what I thought were "errors" but on reading the web were not and common when solo mining. I learnt, but should have found out earlier, how to solo mine for the first time. Solo-mining is all or nothing you find a block or you don't find a block so no accepts or rejects like you would get with a pool (something else I learnt). Even if you find a block it could still be orphaned which again is greater risk when solo mining because you could find a block just after someone else but before the network can confirm.

Soon after launching the wallet a couple of pools kept appearing, but also some "false" pool URLs were being posted. I signed up to utc.pool.pm and started pool mining successfully, it then crashed after a few minutes. The owner was posting in the thread so we knew what was going on. Shortly later another pool claimed stability, ultra.nitro.org so I signed up and mined with them. I'm guessing that was about 10:00PM, I then mined all night long although noted the hash rate was around 540 as opposed to scrypt mining on the same rig of about 570.

This morning it appeared lots had signed up to nitro.org and I'm accumulated 100 coins and received a pay-out to my wallet. The forums continued to indicate other pools becoming available and the owner of ultra.Leetpools.com was giving lots of helpful miner config info so I decided to sign-up and join this smaller pool as it seemed more friendly. I've now mined a further 50 UTC on ultra.leetpools.com with a four HIS 7970 card rig which is achieveing a stable hash of 540 per card or around 2,100 in total.

Observations

• The launch didn't go quite as smoothly as expected but this was mainly due to the official pool not becoming available
• Information provided by Bumface was accurate, timely and honest
• Every alt-coin has its committed followers and those who want to kill it
• The language some people were using on the threads was intolerable and unacceptable, I thought more of the crypto-community
• Lots of people were lazy and obviously hadn't read the first page of the thread or any subsequent posts as the same questions were being asked over and over again on the thread
• Some posters were posting mis-information (some genuine mistakes, some deliberate) and some "pools" were scams
• Ultracoin was pre-mined, it states this on page one, it had an IPO for a number of stakeholders, it states this on page one. The IPO appears to have been oversubcribed and many people missed out
• No-one knows for sure if the coin will make any money on 7th February, the 8th Feb. the summer, next year or ever. That is why all crypto's are high risk. But with high risk you also get high return if it proves to be successful

I hope this maybe useful as a balanced observation of my own experience and help others to make up their own minds about this coin

KC

Most sense spoken, this was a fair observation

[noobyonekenobi]

Why are ppl dumping this great coin so cheap and no1 wants to buy it

https://freshmarket.co.in/index.php?page=trade&market=135

I hope the value will rise soon i want to cover my electric bill

And also keep some in storage but i cant @ this price gonna be like 1 litoshi soon per UTC

Just ignore that exchange lol, activity on that exchange is low so dont worry now

[degenorate]

Join Now!

Ultra Coin Pool, 0% fee Pool!!!!! Finding blocks now.  ultra.minepools.us , #minepools

Join Now!

ultra.minepools.us , #minepools

[blacklig]

Why are ppl dumping this great coin so cheap and no1 wants to buy it

https://freshmarket.co.in/index.php?page=trade&market=135

I hope the value will rise soon i want to cover my electric bill

And also keep some in storage but i cant @ this price gonna be like 1 litoshi soon per UTC

sorry, but you have to realise this:

there were 1 600 000 coins for sale at price 0.00005BTC so people bought like 10 000 UTC for 0.5 btc... so what do you expect from them? They are dumping of course!

Miners would need price like 0.01 btc per coin.. this "share holders" are happy as hell do dump ar 0.001 or even 0.0001 ...

good luck

[SP4RK7]

Why are ppl dumping this great coin so cheap and no1 wants to buy it

https://freshmarket.co.in/index.php?page=trade&market=135

I hope the value will rise soon i want to cover my electric bill

And also keep some in storage but i cant @ this price gonna be like 1 litoshi soon per UTC

Not sure what you are expecting?

For a coin that has only been out for 24 hours, it's already being traded for $0.33-$0.50