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

[bumface]

Please focus on this effort to index spending opportunitys,we well execute this in fases.If you know any webshops related or unrelated to crypto,please add to this thread. more spending places = more demand for UTC = price up

-index spending places

-prepare statement

-contact them

http://forum.ultracoin.net/viewtopic.php?f=8&t=26

[vizique]

A little clarity.

I was supportive from the outset. As an entrepreneur thats built a number of businesses, the last thing you need, especially in the early days, is naysayers and screaming banshees distracting you from the plan, hence the defense...I've been there and its bloody annoying. I still wish the coin and all people in it and around it well. I point no fingers as circumstance played its own part in the scenario. Luck plays its part no matter how carefully laid the plans are.

I have a business to run. The numbers were not adding up in the time frame I had allowed. I still hold and wont be dumping in the hope that the price recovers. As such the costs to get here are now written off so anything in the future will be a bonus. Should I catch any campaigns or pages that need a UTC upvote I'll add mine to the list. I've written off my costs, not the coin.

My business decision stands and I hunt the profit line. I'd be more than happy to come back to mining UTC if the numbers stack as the coin in itself has much about it I liked. Promoting those benefits is an essential part of any future success. As I dont know whats going on in the background I make no judgements about people and plans, that would be foolish of course. But experience shows that getting your product to market sucessfully is a lot of hard work and can get very expensive.

Again and I repeat, I point no fingers and bear no ill will to any of the UTC team. I just state that at this time, to continue to mine and hold coins is not in MY financial interests. As such I have moved over to a different coin...for now.

All the best for now and the future

Vizique

[sameev29]

Code:

"api-allow" : "W:127.0.0.1",
"api-listen" : true,
"api-port" : "4028",
"expiry" : "120",
"kernel" : "scrypt-jane",
"kernel-path" : "/usr/local/bin",
"log" : "5",
"queue" : "1",
"scrypt-jane" : true,
"sj-nfmin" : "4",
"sj-nfmax" : "30",
"sj-time" : "1388361600",
"shares" : "0",
"gpu-threads" : "2",
"gpu-fan" : "90",
"gpu-dyninterval" : "7",
"gpu-engine" : "1125",
"gpu-memclock" : "1725",
"gpu-memdiff" : "0",
"gpu-powertune" : "20",
"scan-time" : "30",
"intensity" : "12",
"temp-target" : "88",
"temp-overheat" : "90",
"temp-cutoff" : "95",
"temp-hysteresis" : "2",
"vectors" : "1",
"worksize" : "512",
"lookup-gap" : "2",
"shaders" : "2048",
"thread-concurrency" : "16384",
"no-pool-disable" : true
}

gives me 150kh/s on sapphire 280x dual x -> notice I = 12 and TC = 16384 and -g 2
So from before, the only thing u change is u double the TC value

cheers

UTC: Uk4LMLBwydzeCpb5iChiTZbCPGThdicMzx

When I increase TC it shows GPU error.

[Miesling]

then u've probably less than 8GB Memory in your Rig

[sameev29]

then u've probably less than 8GB Memory in your Rig

I only have 2GB DDR3 ram.Is this the only reason?

[Miesling]

im pretty sure, as far as i know, script-jane needs more memory as nfactor changes

[fabietech]

Come on LETS do together the same as we do @mintpool.

All go to cryptsy and like and add a message to be added!!!

we can do this as a community just like we did before

- https://cryptsy.freshdesk.com/support/discussions/topics/75770
- Cryptsy - Tweet to @crypsty to get UTC listed!

[red5standingby]

DONE!

[Uggle]

Come on LETS do together the same as we do @mintpool.

All go to cryptsy and like and add a message to be added!!!

we can do this as a community just like we did before

- https://cryptsy.freshdesk.com/support/discussions/topics/75770
- Cryptsy - Tweet to @crypsty to get UTC listed!

+1

[dwolfx]

We need a UTC give-away event.
Thats the only thing from a marketing stand-point to get people using UTC, put that pre-mine to work doing what it was intended to do.

It will instill more faith in the community.

[cointradero]

Please focus on this effort to index spending opportunitys,we well execute this in fases.If you know any webshops related or unrelated to crypto,please add to this thread. more spending places = more demand for UTC = price up

-index spending places

-prepare statement

-contact them

http://forum.ultracoin.net/viewtopic.php?f=8&t=26

At least you've touched on the largest part of the problem here.  What can you do with Ultracoin?  You can sell it on an exchange where there isn't much buy support so it continues to go down as long as the total volume on the exchanges is less than the amount being mined everyday.  

I've already mentioned it, but the PoS implementation is too long for 90% of people mining these as they haven't even been in the game one year.  Asking them to hold their coins that long requires a very large leap of faith.  With a downward trend in price, those that sell first, sell highest.  Until there is a trend reversal or mining costs = price, this won't stop.  

I said I wouldn't bother commenting on this situation anymore, but I'm stuck somewhere between frustration at the situation and a desire to see this coin do something, both for my benefit and everyone else's.  

Despite what everyone else has said, it isn't impossible to change the N-factor implementation.  Lots of coins have a hard fork that requires that all miners update their wallet software by a given date.  Unless you actually plan on showing some results for the work you've been doing, the next N-factor change may make quite a few cards unmineable and it's only 36 days away.  I don't see anything good happening for this coin after that.

You've had a lot of good will and support for this coin, despite not really doing anything tangible for it.  You can complain about your long work day all you want, but the fact is, most coins would have been completely dead by now if 1 month after their release the only thing that had changed for the coin was it being listed on relatively minor exchanges.  No shops. No games. No faucets. Not one tangible thing you can do with this coin but sell it.  

You keep saying be positive, I can't control price.  That's all good, but why don't you give people something to be positive about by being more proactive on the things you can control.  You think we can write shops and ask them to accept the coin without giving them any good reason there is going to be long-term support for the existence of this coin?  It's like asking a bank to lend me money for a startup without showing them my business plan.  

The next N-factor change could very well kill quite a few miners.  It's kind of unknown territory.  You've made too many comments showing your relative ignorance about how this effects mining for me to believe you understood this N-factor implementation before you decided to use Scrypt-Jane.  I hope you at least look into the feasibility of changing your N-factor timings to be more inline with the ASICs you are trying to combat.  

[SkillRoad]

As I anticipated, legitimate criticism and suggestions were labeled as trolling and met with the usual "if you don't like UTC git out" / "burn the heretic" mentality.

I don't know if you noticed or cared, but many of the "negative trolls" who left were day-1 adopters, or at least what could be considered "veterans".

Vizique in particular was pretty much a vehement utc fanatic always labeling criticism as trolling just like you're doing now.

Having someone like him leave, would trigger an alarm in my head if I were a regular user let alone  the dev.

I also noticed many of the early most active members haven't posted in quite a few dozen pages.


You see trolls and negative-nancies, all I can see is worried, disillusioned people, and maybe rightly so.


Therefore, we can either, as a community, be constructive, organized and transparent (essentialy throughbumface's action though) and firm, or my guess is we're going to have  more and more "vizique" giving up.

You didn't make the 200 satoshi comment, so back off my nuts.  You are a perpetual negative nancy, though.  Come to think of it, you were adamant in pointing out that bumface didn't want to "invest" in bribing mintpal for votes. 





_______________________________________________________________________________ _________________________________
Next Coin Lite - Fair Distribution

[allyouracid]

Come on LETS do together the same as we do @mintpool.

All go to cryptsy and like and add a message to be added!!!

we can do this as a community just like we did before

- https://cryptsy.freshdesk.com/support/discussions/topics/75770
- Cryptsy - Tweet to @crypsty to get UTC listed!

Full ack! We have plenty of replies on cryptsy, and i guess if only half the people who posted there took the time to just read that bold printed "don't forget to click like" thingy, we would have exceeded the 300 votes by far, and thus a better price.

So please guys, stop complaining and press that freaking like-button. It's really not that hard.

[KingCole]

Hello, I'm new to Utc I have invested a small amount so I guess theres a chance that my comment won't be taken seriously nevertheless I feel I have to make a comment,

I have read through all the posts and feel I have acquired a understanding of how people are feeling, due to several problems that Utc has faced since its launch, to me it seems Utc has had various problems that I'm sure everyone is aware of, and so people are turning against each other and trying to find someone or something to blame for the coin's current predicament.

On a number of occasions  the word "Community" has been used, I don't doubt that there is a community, but there are also some people who have lost faith, there could be several reasons for this and I don't feel its for me to comment to the reasons why they feel that way.

What I would suggest is that the people who still do have faith in Utc come together and focus on the issues that will take this coin to the next level I'm sure it won't be easy but feel it is still possible given the benefits the coin has to offer.

I have noticed for example the official Utc forum is not being used, I'm not sure why that is. Its a place for the community to come together, with idea's and so on,  so it seems that resource is not utilized.


One member has suggested various promotions T-shirts etc which I feel is definitely a great idea, I"m sure with the amount of people involved other ideas can be brought to the table.

We are where we are, and complaining won't change that reality, so I feel we have to move forward in order to progress this coin.

As for mining I'm not experienced enough to comment, all I can say is we need miners, we need new buyers and we need to stay focused, as I said blaming each other or blaming exchanges will not help.

New people will come to Utc if they feel it worth while and has a good community spirit.
We all want to make some sort of profit but I feel focusing entirely on profit won't help either, as it's been said Utc is a long term investment, so I feel making it a fun and enjoyable experience for the community/investor is the way forward.

Bumface is one of the devs, and its seems to me after reading several post that he's overwhelmed by the negativity, I would say for me at least he can be looked upon as our leader in a way, what he spends his money on is of no concern to me, I just would like him to continue to be proactive and do his best to promote Utc, which I'm sure he is.

So finally I would say, the community needs to focus all its available resources on promotion and try and make Utc an enjoyable experience for all.

Thanks for your time.

I think you have pretty much sumed it up. Lets but our energy into promotion rather than sitting are writing negative comments and getting drepressed at the current UTC price

KC

[Halofire]

warning: mintpal is ridiculously manipulated. watching these orders is making me laugh. 

What, because its going down -> manipulation?

I dont mind my UTC value dropping because I love that the people who bought the premine are down even worse than me. Its an awesome thought.

What, because price is falling --> you think I think price is manipulated? I made no mention of price being dragged down. I mentioned order activity, and i have posted my "fishy" findings earlier in the thread. I love me some cheap UTC, but this isn't good. Public opinion has decided UTC isn't worth what we all think it should be worth. Better find some real world applications for UTC......

[dwolfx]

People who complain are emo.
WAA WAA WAAA the price dropped .

No coin has been through what this coin has been through and come out this un-unscathed, what happened to UTC was worst than a fork or a "gox" because it happened at the on-set of the coins launch.

WHAT COIN HAD ITS EXCHANGE FAIL AND GO DOWN AT LAUNCH? AND MAINTAINED THAT MUCH MOMENTUM?
IT WAS BOUND TO HAPPEN THAT PEOPLE WHO HAD COINS TRAPPED IN THE EXCHANGE FOR A WEEK WERE GOING TO SELL.

All that is happening is that whales are coming in and taking advantage of miners who were stretched thin for cash for the week of the exchange being down, people needed to sell to cover electric bills and the like, when the exchange you are on has 30 coins worth of volume, be prepared to take a hit.

Once cryptsy takes this coin and puts it up for trading all the sellers will be crying while the holders will be laughing.

[Levole11]

People who complain are emo.
WAA WAA WAAA the price dropped .

No coin has been through what this coin has been through and come out this un-unscathed, what happened to UTC was worst than a fork or a "gox" because it happened at the on-set of the coins launch.

WHAT COIN HAD ITS EXCHANGE FAIL AND GO DOWN AT LAUNCH? AND MAINTAINED THAT MUCH MOMENTUM?
IT WAS BOUND TO HAPPEN THAT PEOPLE WHO HAD COINS TRAPPED IN THE EXCHANGE FOR A WEEK WERE GOING TO SELL.

All that is happening is that whales are coming in and taking advantage of miners who were stretched thin for cash for the week of the exchange being down, people needed to sell to cover electric bills and the like, when the exchange you are on has 30 coins worth of volume, be prepared to take a hit.

Once cryptsy takes this coin and puts it up for trading all the sellers will be crying while the holders will be laughing.

hey, whats wrong with being emo..

[SxC]

warning: mintpal is ridiculously manipulated. watching these orders is making me laugh. 

What, because its going down -> manipulation?

I dont mind my UTC value dropping because I love that the people who bought the premine are down even worse than me. Its an awesome thought.

What, because price is falling --> you think I think price is manipulated? I made no mention of price being dragged down. I mentioned order activity, and i have posted my "fishy" findings earlier in the thread. I love me some cheap UTC, but this isn't good. Public opinion has decided UTC isn't worth what we all think it should be worth. Better find some real world applications for UTC......

i see whats happening just a daylamer trying to increase his coin count

but if he keeps forcing the price down to feed his habit the coins he makes wont be worth shit

[CryptoCthulhu]

What i think can help and is quite easy to achieve.

1) Set new community target(s). Remember these good vibes here when we were voting to get to mintpal? We need to continue with this. Target can be for example some donations for charity fund. Would be nice if we can get some UTC promo in return for our donations. Target can be also Cryptsy, but for some reason I'm not sure if this is good idea.
2) Simple twitter giveaways. Let's make people retweet and give some utc to random.
3) Use title of this thread as a place for promo. "Newly launched" is actually quite old statement. There are a lot of inspiration over other threads. Let the community here to make new title.

[Levole11]

I suggest everyone takes a break, goes outside to drink beer and celebrate CARNAVAL!!!

http://www.youtube.com/watch?v=0iNq_mwJuwU