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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946566 times)
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longyenthanh
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March 01, 2014, 11:32:20 AM
 #6481

diff is 2 now. Back to 1 till i get 100k utc  Grin


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Eugen3
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March 01, 2014, 11:32:49 AM
 #6482

^Vizique 2.0^


Arrogant, rude, daft, intolerant, unsympathetic.

Looking forward to the day you'll slam the door crying too.

If it is a sure thing, why are you still here?  Smells like troll breath....
drbars
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March 01, 2014, 11:35:12 AM
 #6483

What do you guys want Bumface to do, magically make the price jump to 0.0001 again. These things take time, the coin is still new. Everyone was expecting a quick profit. Dont get me wrong i wouldnt mind a nice profit now, but it doesnt work like that.

All that you are doing by complaining on this thread and saying your dumping and giving up on UTC, is making other people negative too. If you want to give up just quietly dissapear.

And for people that complain about losing money, never invest what you cannot afford to lose. Im gonna stay on UTC long term because i beleive this coin has a future.

And also if you complain about making a loss, its your own fault for selling at this crazy low prices.

As long as i have UTC in my wallet i have not made a loss

Here is my suggestion.

Miners are NOT the bad guys.  You need Miners mining your coin or it turns to shit (no volume, no one buying, just dumping).

UTC is on enough "good" exchanges.

Now the thing with miners is that they don't give a shit about your coin.  They only care about immediate profit.  If their daily electricity cost is $1 and they make $1.10 mining your coin, they'll do it.  Now, if another coin makes them $1.30 then guess what.  They'll do it.  Like I said, they do not care about your coin or community.

But like I said, miners are NOT the bad guys.  It costs them money to mine and they are in turn part of the UTC network which keeps it nice and decentralized, provides proof of work so you get your nice confirmations...  So you can get coins in the first place!

If you want UTC to rise, do the following:

  • Point all your miners to UTC.  Some big time miner whales need to do this.  Be prepared to not make as much profit as you do mining other coins.
  • Sell all your other coins and buy UTC.
  • Offer me something at a good price that I can buy for UTC.

For example, someone offer this shirt for 50 UTC and I'll buy it (size large please): http://www.51attack.com/shop/moon-t-shirt/

Not a fair deal you say?  Well at if UTC was $1 then I'm paying $50 for a $20 shirt.  That's more than double.  Still a bad deal?  And you expect UTC to go back to $1 or reach $5 or $10?  Well if you do, then get me a shirt.  I'm totally serious.  I have over 1000+ UTC sitting around doing nothing that I can't do anything with except watch it devalue because guess what?

Why is it devaluing?  Because no one is mining and which means volume is low, and so on and so forth.

Did this information help?

Tip me: UWFtWk8caVDei8vCdMVuknFuTwsvn34Vex
NickPortland
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March 01, 2014, 11:35:17 AM
 #6484



It's easy for bumface to be confident because he already made some money, which he already re-invested in unrelated activities, not so much for us peons who gotta pay bills.




the reason i invested in scrypt asics, is to have money monthly to develop services for UTC, so that is absolutely related.i could have bought a new pc,or a 4k screen or go on a vacation ( my last vacation was 9 years ago). i also bought a bed for 300 euro, because i was sleeping on the floor for 8 years......

Ok, I know that, but they're not direct Investments, and they would be profitable for you either way UTC goes, that was the point I was making.

Instead many of the people who're worried, as you can read in some comments, don't have any certainty and didn't make any money YET, so it's normal for them to want the coin to do well and freak out when price drops.

Official Ambassador for UTC-PND relations
*donations here*
 UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
bumface (OP)
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March 01, 2014, 11:36:33 AM
 #6485



It's easy for bumface to be confident because he already made some money, which he already re-invested in unrelated activities, not so much for us peons who gotta pay bills.




the reason i invested in scrypt asics, is to have money monthly to develop services for UTC, so that is absolutely related.i could have bought a new pc,or a 4k screen or go on a vacation ( my last vacation was 9 years ago). i also bought a bed for 300 euro, because i was sleeping on the floor for 8 years......

Ok, I know that, but they're not direct Investments, and they would be profitable for you either way UTC goes, that was the point I was making.

Instead many of the people who're worried, as you can read in some comments, don't have any certainty and didn't make any money YET, so it's normal for them to want the coin to do well and freak out when price drops.

what is better? A: use the money once and its gone , or B: invest in something that wil create money every month.....im thinking long term

Miesling
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March 01, 2014, 11:40:00 AM
 #6486

atm i blame CT for the situation, there's still 100BTC worth  of UTC orders active :-( they fucked up and we pay
NickPortland
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March 01, 2014, 11:40:41 AM
 #6487

^Vizique 2.0^


Arrogant, rude, daft, intolerant, unsympathetic.

Looking forward to the day you'll slam the door crying too.

If it is a sure thing, why are you still here?  Smells like troll breath....

I bet 100 utc you're gonna end up like vizique. Hell, I'm certain you're still here and such an angry unpleasant aggressive individual vs anyone you perceive as "negative" only because you hold 40k UTC, you cannot dump (yet).

Anyway, I please ask you to keep the rudeness down, and stop with the witch hunts, you're just going to scare people away.

Thank you.

Official Ambassador for UTC-PND relations
*donations here*
 UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
Eugen3
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March 01, 2014, 11:42:16 AM
 #6488

^Vizique 2.0^


Arrogant, rude, daft, intolerant, unsympathetic.

Looking forward to the day you'll slam the door crying too.

If it is a sure thing, why are you still here?  Smells like troll breath....

I bet 100 utc you're gonna end up like vizique. Hell, I'm certain you're still here and such an angry unpleasant aggressive individual vs anyone you perceive as "negative" only because you hold 40k UTC, you cannot dump (yet).

Anyway, I please ask you to keep the rudeness down, and stop with the witch hunts, you're just going to scare people away.

Thank you.

Give me a timeline and I'll take your bet.  My 30k UTC is maturing for PoS minting.  Yes, I am that long term.
RunOrDie
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March 01, 2014, 11:43:24 AM
 #6489

atm i blame CT for the situation, there's still 100BTC worth  of UTC orders active :-( they fucked up and we pay

jep CT is the reason for our bad situation! Thats sure. This takes a lot of time to get the coin back to 0.001 and without a good exchange there is no way.

And exchanges like mintpal oder coinmarket r no good exchanges.....
NickPortland
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March 01, 2014, 11:44:52 AM
 #6490


what is better? A: use the money once and its gone , or B: invest in something that wil create money every month.....im thinking long term

I'm not judging, re-read my post, I'm just saying you have economic certainty vs desperate people who maybe mined for a month/bought lots, who got nothing, and therefore understandably worried and susceptible at the moment.


So, it's up to you to do something about it or not.

I'm not gonna repeat the same things we suggested yet again, there's tons of posts about it already.

Cheers.

Official Ambassador for UTC-PND relations
*donations here*
 UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
NickPortland
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March 01, 2014, 11:45:44 AM
 #6491

Give me a timeline and I'll take your bet.  My 30k UTC is maturing for PoS minting.  Yes, I am that long term.


First Pos payout, in 11 months?

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*donations here*
 UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
Eugen3
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March 01, 2014, 11:49:27 AM
 #6492

Give me a timeline and I'll take your bet.  My 30k UTC is maturing for PoS minting.  Yes, I am that long term.


<changing the subject>

Are you backing out on your bet?
bumface (OP)
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March 01, 2014, 11:51:08 AM
 #6493


what is better? A: use the money once and its gone , or B: invest in something that wil create money every month.....im thinking long term

I'm not judging, re-read my post, I'm just saying you have economic certainty vs desperate people who maybe mined for a month/bought lots, who got nothing, and therefore understandably worried and susceptible at the moment.


So, it's up to you to do something about it or not.

I'm not gonna repeat the same things we suggested yet again, there's tons of posts about it already.

Cheers.

i dont even know if i have enough btc to fulfill my alpha orders since btc went to shit after i had orderd,so i would not call that economic certainty....i also put 3,7 btc in utc when it was 0.0007, so thats also locked up now, so we are really in the same boat here.

red5standingby
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March 01, 2014, 11:51:34 AM
 #6494

I personally like the idea of some wet t-shirt contests. Show us them titties.
NickPortland
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March 01, 2014, 11:58:19 AM
 #6495

Give me a timeline and I'll take your bet.  My 30k UTC is maturing for PoS minting.  Yes, I am that long term.


<changing the subject>

Are you backing out on your bet?

I asked you if it was ok as a timeline 11 months for now when Pos pays out

Official Ambassador for UTC-PND relations
*donations here*
 UTC: Ujff1xrc8brmHkRaFG3BcG5nVScXdh5Wu1 BTC: 159uuxJCfUsG44N52NUsydi2bCNeFSYyTi
RunOrDie
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March 01, 2014, 11:59:18 AM
 #6496

atm i blame CT for the situation, there's still 100BTC worth  of UTC orders active :-( they fucked up and we pay

Don't blame CT.  I withdrew my UTC from CT today.

Read my previous post.


lol

1. They need to much time to open withdraws
2. bad comunication with customers
3. 3 weeks to fix the problem?Huh
4. Open Orders on CT

CT is for sure the reason for this!!!

we have to go online on Cryptsy !! after this we have a chance
troicho
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March 01, 2014, 12:44:38 PM
 #6497

bumface, deleting posts doesn't help to save the coin...
bumface (OP)
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March 01, 2014, 12:47:28 PM
 #6498

bumface, deleting posts doesn't help to save the coin...

as i have stated earlyer, if many people start to sound like desperate children, this only reinforces the thing they are "observing".

stay positive,we dont need a sucking abyss of negativity here,this is not helping UTC, its damaging it,a.k.a the self fulfilling prophecy

thats why i delete posts who just spew negative energy without any real content.

things like "its over for ever!!!" add nothing.If you think every thing should be done for you without contributing anything, you should consider aplying for princess.

if 50 people stand around a lamborghini saying it sux, you can make people believe it sux.this is a simpel mechanism of group psychology, thats why we need to stay positive and wait for gox to go bancrupt oficcially, so all cryptos can go in a general uptrend again

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March 01, 2014, 01:08:02 PM
 #6499

bumface, deleting posts doesn't help to save the coin...

as i have stated earlyer, if many people start to sound like desperate children, this only reinforces the thing they are "observing".

stay positive,we dont need a sucking abyss of negativity here,this is not helping UTC, its damaging it,a.k.a the self fulfilling prophecy

thats why i delete posts who just spew negative energy without any real content.

things like "its over for ever!!!" add nothing.If you think every thing should be done for you without contributing anything, you should consider aplying for princess.

if 50 people stand around a lamborghini saying it sux, you can make people believe it sux.this is a simpel mechanism of group psychology, thats why we need to stay positive and wait for gox to go bancrupt oficcially, so all cryptos can go in a general uptrend again
+1000 i'm totally agree with you
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March 01, 2014, 01:08:09 PM
 #6500

For what it's worth. Here's my two utc (is that less than 2 cents?) It's tiring to read all the negativity. It's not productive at all. I have been mining and buying utc since the day the pools first opened. I am a small potatoes miner compared to what others here, and overall, have invested in equipment. At the end of the day, Bumface didn't put a gun to my head and say, Jeff, buy and mine utc now. I happened to read some of his comments in the trollbox about the upcoming release of utc. I remember seeing previous comments he posted and found his advice to be honest and simple. I was the one that decided to get on board. I was the one that decided to cash out of my other coins and buy into utc. I do not regret that decision now nor will I in the future. How can anyone lay the current price of utc at anyone's feet. I am thrilled that bitcoin is still trading at 540usd. Common. It's incredible that it is after all the news and recent events. It's amazing that the market is still as active as it is. Prices are down across the board for all coins. ltc is at 13usd. ltc/btc is .024 trending down to .023.  What am I too blame every coin creator and team for the depression of prices? I take responsibility for my own actions. You can flame me if you want and tell me to go fuck off, however that doesn't change anything.  We've become so used to seeing coins come to market, explode in price, make some folks money, then wither and die. Don't be duped There's so much installed hashing capacity and investment in hardware that it's necessary for all these crap cloned coins. Institutional miners need to justify their own bottom lines. It's a business folks. My monthly electric bill is 750usd. Those are my bills and the cost of doing business that I have incurred.

So what do I do now? Like many of you, I lost money in gox. shame on them and me. moving on. sites getting hacked. well there are many assholes out there and people that suck. moving on. At this point I don't have much to work with outside of the utc in my wallet. I will not sell at these prices, and the small amount of coin i mine outside of utc will provide little impact to help prop up the price. I am holding. That was my plan all along. Even trading at 0004 on CT I wasn't selling. I don't think any of us where. So what the fuck then. I continue to mine. I am not giving up now. I wish I had more coin to continue to buy in volume. It's only been a month since release. I am giving it time. That the coin has weathered this much turmoil shows the strength of the community behind it. That's what I believe in. It's the community behind the coin that will send it to the moon. It will go there too. I just want more utc before it does.

Keep on swimming, keep on swimming.
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