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Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946620 times)
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xinyichao
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January 14, 2014, 01:58:49 AM
 #41

 premined coin means no future

2,000,000 premined ,lol

 if the coin luanch the trade platform , do you think how many BTC vs UTC ??

0.0000000000000001 or ......


just waste time
ziggy909
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January 14, 2014, 02:08:01 AM
 #42

you can mine with the windows-qt client? or how do i set up cpu mining?

just type 'setgenerate true' with the quotation marks removed and you're good!

zigz
mohammedfaiz143
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January 14, 2014, 02:49:04 AM
 #43

looking forward to this one... Grin

hope it does not goes like qubit or bullcoin...

            ▄▄████▄▄
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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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wanksta11
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January 14, 2014, 03:02:44 AM
 #44

remove the premine and this coin will wreck all the other alt coins, only because koolio is on it
jakiman
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January 14, 2014, 03:14:06 AM
 #45

This coin sounds interesting. More so due to the people involved.
I also like that it's Scrypt Jane. I want to see this on BTC-e.  Grin

Ruckster2010
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January 14, 2014, 03:20:30 AM
 #46

It takes hard work and guts to put and already good reputation on the line to create something for the betterment of the community.  Being paid for your efforts is not a crime (for those who think other people making money other than themselves is).  I wish you the best and will be there on mining day. Cheesy

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January 14, 2014, 03:22:43 AM
 #47

Just curious, is this a BTC-E fan coin? I have have little experience with BTC-E and do not know of the people involved with this coin, but it seems like more people are excited for the people involved rather than the coin itself.
Brilliantrocket
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January 14, 2014, 03:40:43 AM
 #48

I can't support any coin where the premine is not explicitly used for giveaways or to improve the coin. The presale is obvious developer profit taking. I'm not calling this a scam coin, but I don't see any real innovation or reason to support this over other altcoins.
wwtree
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January 14, 2014, 03:55:40 AM
 #49

0.1% premined  enough, 2% , woooo..................., seems scam

bumface (OP)
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January 14, 2014, 04:09:01 AM
 #50

remove the premine and this coin will wreck all the other alt coins, only because koolio is on it

premine has a reason

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January 14, 2014, 04:18:01 AM
 #51

As I see it, premine is OK if the developer works super hard to ensure its success. It gives them incentive.
The complainers just want to get rich themselves and don't want to make the developer rich in the process.

People don't realize that the very money that we use (fiat) is pre-mined a lot more than 2%.
Heck, nearly 1% of the world population owns more than 50% of the wealth. Unfair right?

usahero
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January 14, 2014, 04:22:59 AM
 #52

Sounds good. Proper launch. Explained and transparent premine. And scrypt jane is nice to gfx cards. Will mine on day 1. Cheesy
wanksta11
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January 14, 2014, 04:35:05 AM
 #53

Wouldnt it be better if it was cpu only? I don't understand how letting gpu farms get at this will help the distribution.
Grinny
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January 14, 2014, 05:04:40 AM
 #54

I'd rather be very sceptical about new altcoins, but really looking forward to this one! Smiley
David Pate and Koolio said a lot of good things about UTC via twitter and Neotrix (CT admin) wouldn't add the coin if it was scam.
so, as a shareholder of crypto-trade shares all i can say is "welcome! you're in the right place".

Crypto-Trade: Invest. Trade. Be free.
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The Koolio
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January 14, 2014, 05:17:45 AM
 #55

May I add I support this coin as I know the team well. Im buying coins in stakes like anyone else. Im quite happy for Bumface and Ziggy to be taking a small premine cut and the reasoning is simple. Firstly they will put a lot of time on the line for promotion, if working 9-5 this gets in the way, therefore a little cash helps pay for their time. Its pointless saying their time is paid for when prices increase, because unfortunately putting food on the table and bills do not wait for those periods. Secondly I doubt anyone could say their cut would be 'dump' levels, im actually impressed they hold such a low share, in comparison to the amounts devs from dodgecoin and NXT were paid they are being very fair.

I for one am pulling the stops out in promoting this. As the exchanges know good people are behind it with well known promoters they have safety in the future of the coin. All I can say this coin has a very bright future with its acceptance on exchanges....

1. Litecoin 2. Bitcoin 3. Any of the Anon coins
wing_hk
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January 14, 2014, 05:34:37 AM
 #56

Interested and will try mining
wing_hk
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January 14, 2014, 05:52:55 AM
 #57

I just have setup a scrypt-jane explorer last month. Will try as early as the source released. Grin
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January 14, 2014, 06:44:52 AM
Last edit: January 14, 2014, 07:46:33 AM by digit
 #58

Can it be confirmed that CT will really add this coin. I can only find it mentioned here and @official_utc on twitter.
There is nothing yet from CT/Neotrix to support this claim that they will add it
Huh

edit: admin confirmed it Smiley 
looking forward to a new coin on CT, its a rare thing that happens! Cheesy

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Flunder707
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January 14, 2014, 06:55:07 AM
 #59

The premine percent is bullshit and so is the innovation, because it has none.  It's another pump and dump coin for some programmers to get rich quick.
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January 14, 2014, 07:32:40 AM
 #60

Being paid for your efforts is not a crime
That's just because people tend to think that all work which happens on a computer is more like playing computer games than hard work. I hate this attitude. Just because someone is using his brain instead of a shovel to work does not mean he isn't doing anything.

Bumface, i wish you best luck. From what i read from you in trollbox, i'd say you're a honest guy and i'd like to see this coin succeed. Smiley

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