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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946638 times)
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tabnk
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February 10, 2014, 09:42:17 AM
 #3281

Diff @ 27. Good to MINE Cheesy
wing_hk
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February 10, 2014, 12:13:20 PM
 #3282


UTC is listed in this guy's midddle term watch list
http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html

It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Sure
grimoir
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February 10, 2014, 01:14:51 PM
 #3283


UTC is listed in this guy's midddle term watch list
http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html

It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Sure

UTC going to catch vertcoin @ $4
cointradero
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February 10, 2014, 02:12:33 PM
 #3284


UTC is listed in this guy's midddle term watch list
http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html

It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Sure

UTC going to catch vertcoin @ $4

Vertcoin has a 2.5 minute block time which means it's reward should be 5x UTC as payout/day for equivalent hashrates.  hence, at $0.80 cents, UTC will have caught up to Vertcoin.  I don't know Vertcoin's hashrate right now, so I don't know how the mining profit is comparatively, I do know they only get about half scrypt where this one gets 3/4th, so a little bit more conversion will be necessary. 

I'm not saying it has to stop at $0.80 right now, but that's all it would take to be equivalent to VTC in added market cap / day. 
wing_hk
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February 10, 2014, 02:33:22 PM
 #3285


UTC is listed in this guy's midddle term watch list
http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html

It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Sure

UTC going to catch vertcoin @ $4

Vertcoin has a 2.5 minute block time which means it's reward should be 5x UTC as payout/day for equivalent hashrates.  hence, at $0.80 cents, UTC will have caught up to Vertcoin.  I don't know Vertcoin's hashrate right now, so I don't know how the mining profit is comparatively, I do know they only get about half scrypt where this one gets 3/4th, so a little bit more conversion will be necessary. 

I'm not saying it has to stop at $0.80 right now, but that's all it would take to be equivalent to VTC in added market cap / day. 

VTC is not using scrypt-jane and first reward half time is much longer than UTC (4yr > 1yr i.e. 999,000 blocks).

And if we are to compare the total no. of coins. The expected prices are very close actually.
UTC: 100M     VTC: 84M


mpolci
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February 10, 2014, 02:35:05 PM
 #3286


I'm looking for a 32 bit linux version. I tried to compile it but with no success.
There is a precompiled 32 bit linux version?
bumface (OP)
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February 10, 2014, 02:40:00 PM
 #3287

NEW exchange: https://poloniex.com/exchange/btc_utc

dcgirl
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February 10, 2014, 02:44:46 PM
 #3288


UTC is listed in this guy's midddle term watch list
http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html

It just shows "Wallet is encrypted and currently unlocked".
Is it minting?

Sure

UTC going to catch vertcoin @ $4

Vertcoin has a 2.5 minute block time which means it's reward should be 5x UTC as payout/day for equivalent hashrates.  hence, at $0.80 cents, UTC will have caught up to Vertcoin.  I don't know Vertcoin's hashrate right now, so I don't know how the mining profit is comparatively, I do know they only get about half scrypt where this one gets 3/4th, so a little bit more conversion will be necessary. 

I'm not saying it has to stop at $0.80 right now, but that's all it would take to be equivalent to VTC in added market cap / day. 

It's a mistake to use logic to predict the price of coins. 90% of the people that end up buying a coin don't mine, and 75% of those people don't understand crypto. The coins that succeed have a strong community, and you build that by publicizing the "real world" benefits of the coin. For UTC, I'd be talking about fast transaction times and the possible 20% interest. People still won't really understand it, but will pay attention.
ziggy909
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February 10, 2014, 02:54:46 PM
 #3289

to people on nitro: please switch to other pools as nitro is way too big

http://utc.pool.pm
http://utc.CoinPl.com
http://Minepools.us
http://Hackshard.com
http://Idcray.com
http://utc.PoolTo.be
http://animusgs.co.in
http://CoinSnipers.com
bumface (OP)
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February 10, 2014, 03:27:00 PM
 #3290

difficulty from 38 to 9.4,nitro is down.Miners get more coins, more chance of dumps/price down.devide hash please http://bitgo.pw/utc/

mudshark79
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February 10, 2014, 03:29:01 PM
 #3291

difficulty from 38 to 9.4,nitro is down.Miners get more coins, more chance of dumps/price down.devide hash please http://bitgo.pw/utc/

Yeeha!
tabnk
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February 10, 2014, 03:33:00 PM
 #3292

ALL POOLs down :C
jmknapp80
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February 10, 2014, 03:34:14 PM
 #3293

ultra.Minepools.us is up, diff is 7
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February 10, 2014, 03:35:20 PM
 #3294

ALL POOLs down :C

yes i confirm nitro, leet, greek are down now!
AizenSou
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February 10, 2014, 03:35:54 PM
 #3295

Someone massive DDoSes all the pools so the diff goes down so fast. I can't connect to any pool again.
bumface (OP)
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February 10, 2014, 03:36:44 PM
 #3296

utc.pool.pm has DDOS protection!

ziggy909
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February 10, 2014, 03:39:03 PM
 #3297

utc.pool.pm has working ddos protection and is working fine, please switch at your earliest convenience.
skribnod
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February 10, 2014, 03:45:51 PM
 #3298

So if i switch to a smaller pool i will get more coins in a 24 hour period than i would get in a higher hash rate pool?

Thanks
laterbreh
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February 10, 2014, 03:50:04 PM
 #3299

http://ultra.leetpools.com is doing good Smiley

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February 10, 2014, 04:00:10 PM
 #3300

looks like all the pools back up.  Survived another daily ddos.

Make sure you have failover pools. 
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