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

[Protagonus]

2 270x = 175 watts each
1 290 = 300 watts
mobo 100 watts

kill-a-watt confirms ~750 watts. i get 1.8MH/s in scrypt, 350KH/s for utc current n-factor level

I'm actually getting 100-125 utc/day, but I discount higher number when calculating. I do agree 25% more UTC can influence my numbers. Once I have 24 hours worth of deposits into my wallet, i can update my actuals. I was depositing directly to exchange, but I don't trust the exchange now since I see so many bogus orders. Worse than walls, fake little orders driving price down and with NO buyers.... I've been trying to offload 20% of my UTC to cash in and unless I sell direct to the buy side, forget it, it won't sell.

with 350 KH/s u get atm about 200 coins

Something is not right then. Based on March 1st AP withdrawals from leet, I'm getting 50 UTC every 9 hours. 130 utc per day on that calculation. Hashrate on leet is 285-400. I'm not donating. biiiiig difference from 200.

As usual,  that was pointed out right as difficulty was lowest since nfactor change.  One could say that at the nfactor change you would've gotten 500 coins;......but that was for about 20 minutes maybe.  You can always tell a trader from a miner.   If the difficulty goes down to 0.125 you would get 3200 coins!  Think of the profit then!  *facepalm

More coins per day is bad.  Lower difficulty is bad.  Higher profitability without buy support is bad.  I would MUCH rather be saying "we are ONLY getting 20 or 10 or 2 coins @ that hash"

FYI the average coins per day /  per 1 Khs (scrypt equivalent) over the life of the coin is about 80 /day.

I'm sorry to be a bit sarcastic in response.  Instantaneous coins / day don't really mean much.  It takes a longer period to determine actual coins netted.  What will be the difficulty by then?  What will be the price by then?  Will there be support to buy said coins at stated price?  

Miners, just have to look at things a different way.  Raise the price and hold it;  miners will come in droves.

Edit: to clarify, I'm not complaining or whining; just defending halofire's perspective on his profit / mining.

[dcgirl]

This ^^

[SxC]

UTC to da moon lets go boy's and girl's

Stay strong and get some BTC on them shitty exchange's

Dont be shy i know your mum wasn't

[Halofire]

I have seen the difference between the investors, traders, and miners. I am the latter two. Miners get their coins for 10-120% (yes some ppl mine silly coins over 100% in cost, like Extremecoin) of market price. Investors pay a full but always 100% of market price when they buy crypto with fiat. Traders are somewhere in between depending wher they get their coin from, mining or investing. But this is where 90% of all debates and conflicts come from, 3 different views of crypto of where it should be presently and in the future.

Main reason I was saying there was a problem from my 130 utc to what others get (200) is that I might have wrong settings if he was right and I'd like to figure out why I'm not getting 200.

[Crankys]

bought with 0,3 btc from 0.00014 to 0.00015 and now someone sell for 0.000138 
whats the problem with pushing the price a little bit higher? you need "nothing" to do that.
look at mint/btc 127btc/24h. buy a few coins to push the price and other people will buy too!

[YAdaminer]

bought with 0,3 btc from 0.00014 to 0.00015 and now someone sell for 0.000138 
whats the problem with pushing the price a little bit higher? you need "nothing" to do that.
look at mint/btc 127btc/24h. buy a few coins to push the price and other people will buy too!

I can't understand also, it seems some ppl are to stupid to earn little bit more. Or someone wants to keep price low.

[KingCole]

The value drop comes not unexpected after crypto-trade withdrawals...

Got now a mail back from poloniex, the giveaway should start soon.

Do you need any more coins to help out on this intiative?

KC

[Crankys]

bought with 0,3 btc from 0.00014 to 0.00015 and now someone sell for 0.000138 
whats the problem with pushing the price a little bit higher? you need "nothing" to do that.
look at mint/btc 127btc/24h. buy a few coins to push the price and other people will buy too!

I can't understand also, it seems some ppl are to stupid to earn little bit more. Or someone wants to keep price low.

nobody knows..
i mean i havn´t for example 10btc to throw it in, but if we buy together we can push the price!
buy low, sell high it´s so simple.. and actual you can buy low! 

[dwolfx]

Guys just spread this all over the place and we will be saved by the power of Samuel L Jackson.


Someone with better photoshop skills work on it and spread the word on how to defeat bad crypto luck.

your welcome

seriously I have to save this coin by-myself? lets do this...!

[funsponge]

I've been on here everyday reading what's going on etc etc & I have noticed a lot of "we should do . . . . " but there is no "I have done" or "I'm planning on doing this". Seems nobody is willing to do much themselves & expecting others (like bum face) to do all the hard work. & before you ask I have set up the @ultracoinnews twitter account & managed to get over 500 followers in 3 weeks.

It's not what Ultracoin can do for you, but what YOU can do for Ultracoin!

[dwolfx]

I've been on here everyday reading what's going on etc etc & I have noticed a lot of "we should do . . . . " but there is no "I have done" or "I'm planning on doing this". Seems nobody is willing to do much themselves & expecting others (like bum face) to do all the hard work. & before you ask I have set up the @ultracoinnews twitter account & managed to get over 500 followers in 3 weeks.

It's not what Ultracoin can do for you, but what YOU can do for Ultracoin!

We need a mascot , someone everyone can get behind a symbol of strength and endurance and conviction.
I vote we use SLJ! http://s28.postimg.org/y6v8902yl/walletjack1.jpg   if anyone has any better ideas . . . please... by all means.
SLJ's image is in balance with "the corporate look" yet the "ridiculous and over-the top " "ultra" attitude. the boring "U" Logo just aint gona cut the cake.

Because right now people go to the Ultracoin site, and they see a boring ass "U" logo, it looks to boring and corporate yet it has "ultra" in it which is childish and strange.... the problem here is poor marketing compounded by low volume exchanges.

Sure if cryptsy took the coin the price would rise, and sure people would start to notice it.
but as it stands

1) Its not listed on coinwarz front page, so no one even knows this coin exists.
2) No major exchanges have it listed
3) Its got more people and resources behind it than a lot of other coins listed on cryptsy but you simply cant compete with stupid coins like "flappy bird"

Because of one simple reason, no mascot !

[Uggle]

We should use bad luck Brian as a mascot... 

[KingCole]

I've been on here everyday reading what's going on etc etc & I have noticed a lot of "we should do . . . . " but there is no "I have done" or "I'm planning on doing this". Seems nobody is willing to do much themselves & expecting others (like bum face) to do all the hard work. & before you ask I have set up the @ultracoinnews twitter account & managed to get over 500 followers in 3 weeks.

It's not what Ultracoin can do for you, but what YOU can do for Ultracoin!

We need a mascot , someone everyone can get behind a symbol of strength and endurance and conviction.
I vote we use SLJ! http://s28.postimg.org/y6v8902yl/walletjack1.jpg   if anyone has any better ideas . . . please... by all means.
SLJ's image is in balance with "the corporate look" yet the "ridiculous and over-the top " "ultra" attitude. the boring "U" Logo just aint gona cut the cake.

Because right now people go to the Ultracoin site, and they see a boring ass "U" logo, it looks to boring and corporate yet it has "ultra" in it which is childish and strange.... the problem here is poor marketing compounded by low volume exchanges.

Sure if cryptsy took the coin the price would rise, and sure people would start to notice it.
but as it stands

1) Its not listed on coinwarz front page, so no one even knows this coin exists.
2) No major exchanges have it listed
3) Its got more people and resources behind it than a lot of other coins listed on cryptsy but you simply cant compete with stupid coins like "flappy bird"

Because of one simple reason, no mascot !

I like the idea in principle of a mascot but we have to find one that isn't linked to a personality, don't want to get C&D like Kanye

KC

[Protagonus]

Because of one simple reason, no mascot !

Guys, made a lot of work aaaaand here's my logo version

This was done by someone;  waaaay back in pre-launch days     

[idol]

hmm.... For those guys who thinks this coin is dieing = just quietly sell you little stash and get fuck out , no need to cry like biach!!

all i see is by you idiots who's not Man enough to sell quietly (can't sell cuz it might go up? )all your crying is starting to get on my nerves

For those who think this coin is worth it... Keep posting positive and way to get this coin some momentum up up!!

and last but not least for Bumface

please read what the post say to you, most post are not critical of you

what i see is people screaming for some leadership and clarification so they can get a good night sleep without keeping on eye open to check the market..

since moving to minpal...my coin count it up another 35k

 

[SxC]

UTC to da moon lets go boy's and girl's

Stay strong and get some BTC on them shitty exchange's

Dont be shy i know your mum wasn't

[bumface]

I've been on here everyday reading what's going on etc etc & I have noticed a lot of "we should do . . . . " but there is no "I have done" or "I'm planning on doing this". Seems nobody is willing to do much themselves & expecting others (like bum face) to do all the hard work. & before you ask I have set up the @ultracoinnews twitter account & managed to get over 500 followers in 3 weeks.

It's not what Ultracoin can do for you, but what YOU can do for Ultracoin!

 

[red5standingby]

Protagonus, mind if I have your design tweaked and put on a t-shirt. I am going to have 100 made up. Not much. All I can afford. If nothing else, it'll be cool to wear. I road race a lot and will see what I can do about raising awareness via free giveaways and prizes at road races. They always hand out swag bags. Won't get the t's made up for about a week though. Now it's off to the basement to test out them nvidias.

[dwolfx]

Because of one simple reason, no mascot !

Guys, made a lot of work aaaaand here's my logo version

This was done by someone;  waaaay back in pre-launch days     

Im sorry but................
THIS IS FUCKING AMAZINGLY AWESOMENESS.

[Protagonus]

Protagonus, mind if I have your design tweaked and put on a t-shirt. I am going to have 100 made up. Not much. All I can afford. If nothing else, it'll be cool to wear. I road race a lot and will see what I can do about raising awareness via free giveaways and prizes at road races. They always hand out swag bags. Won't get the t's made up for about a week though. Now it's off to the basement to test out them nvidias.

Well that's not my art to say what to do with really.   The original poster "makemebeat"  I quoted his post.  I'm not sure if he's around or not to ask;  maybe he can reply about usage if so. 

I just had remembered him posting that during pre-launch;  after seeing the "we need a mascot" posed.