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

[CryptoCthulhu]

Bumface, as I'm no longer sure you technically know your coin, please bring Ziggy to answer these questions:

1) What is the idea behind so quick changes of nfactor. We do not have asics yet, this makes only confusion. Is it possible to change it? Are you willing to do that?
2) If I understand PoS well, it will fire after year. Again, what is the reason? Wouldn't it be more attractive to have monthly PoS? Is it possible to change it? Are you willing to do that?

If anything from above is part of the strategy of this coin, I'm ok with it. But please confirm it. Btw I'm not troll, I'm mining from the beginning and I'm bagholder from 90, 70, 50 and 25.

[1715209473]

1715209473

[1715209473]

1715209473

[mishax1]

Can't get systems to 120KHs with 280X..   switching to aurora..    shame..

I have mined UTC from first day but now i need more  ram to mine on my mashines then i have now and at this prices i dont see why would i upgrade my mashines..i did not sell single UTC for last 20 days and if i sell it now at this prices i want have a money and for electricity bill

My systems are 32bit with 4g ram..  I don't see myself upgrading..

[RunOrDie]

this price on mintpal is bullshit i dont sell a single coin on this prices..... and i hate this idiotes they sell @ this prices....

[mishax1]

this price on mintpal is bullshit i dont sell a single coin on this prices..... and i hate this idiotes they sell @ this prices....

Tell me about it, got over 11K while buying and mining.  pisses me off.  looks like this coin is going down..

[SxC]

Not looking good this could hit that 1 satoshi very soon

Hope you get them buy order's in @ 1 satoshi

[NickPortland]

The problem is Mintpal and CryptoRush have 0 buy support, and coinmarket.io is down (as usual).

Looks like the BTCTCs from CT never made it back on the exchanges..

[g-Gnome]

Ok first post, but I have been mining and following this coin for a few weeks now and through it all I have kept the faith selling a little to help the coin and banking the rest. Even after the price drop and n factor change I laughed and continued because I believed. However after the n change I went to bed woke this morning to find I made nothing should have woke to 20 coins and got 3, all the pools are taking 200%, 500%, 400% to crack blocks there is orphan's all over the place and half the pools are ether down or have no workers setting us up nicely for a 51% attack. I really wanted this coin to succeed but I feel like I just caught dad dressed as Santa punting presents under the tree, and after that it is hard to keep believing!

[LHM]

Bumface, as I'm no longer sure you technically know your coin, please bring Ziggy to answer these questions:

1) What is the idea behind so quick changes of nfactor. We do not have asics yes, this makes only confusion. Is it possible to change it? Are you willing to do that?
2) If I understand PoS well, it will fire after year. Again, what is the reason? Wouldn't it be more attractive to have monthly PoS? Is it possible to change it? Are you willing to do that?

If anything from above is part of the strategy of this coin, I'm ok with it. But please confirm it. Btw I'm not troll, I'm mining from the beginning and I'm bagholder from 90, 70, 50 and 25.

I can help a bit with the N-Factor, it is the "standard" timing for scrypt-jane coins that have been made. It could be changed, however a custom miner and or custom patch for cgminer, cudaminer, and any cpu miner from other coins that happen to work because their start time is close enough to ours. As for how the original timing for scrypt-jane N-factor changes was done, nobody knows other than the person that did it. The following blog post describes this fairly well http://www.holynerdvana.com/2014/02/everything-you-wanted-to-know-about.html

[idol]

greed is whats killing the price now

few people buy and keep selling to make small profit and price keep dropping cuz of that...

[RunOrDie]

Not looking good this could hit that 1 satoshi very soon

Hope you get them buy order's in @ 1 satoshi

1 Sat will never happen!

[longyenthanh]

keep mining and holding. Stop selling with shitty price for small profit. You guys are killing this coin

[cointradero]

Is anyone else getting a lot of rejects or is it just me?  No hardware errors now, but my rejects are at about 8%.

[SxC]

Not looking good this could hit that 1 satoshi very soon

Hope you get them buy order's in @ 1 satoshi

1 Sat will never happen!

Well i can take it to 103 satoshi on crypto rush

if we have no buyer's then the seller's(dumper's) will just eat the buy order's that remain and thats not much tbh

[RunOrDie]

keep mining and holding. Stop selling with shitty price for small profit. You guys are killing this coin

jep this guys have no balls

[NickPortland]

5k Utc buy wall @ 0.00017997 eaten in a few seconds!

[SxC]

5k Utc buy wall @ 0.00017997 eaten in a few seconds!

Any kind of wall that goes up will be eaten in seconds ppl are just waiting for them

so sad

[NickPortland]

5k Utc buy wall @ 0.00017997 eaten in a few seconds!

Any kind of wall that goes up will be eaten in seconds ppl are just waiting for them

so sad

All it would take to stabilize price is one piece of good news, like cryptsy listing or something.

As of right now, many people are just overwhelmed by all the bad news, seeing no hope for the future.

It is understandable.

[bumface]

0.00016512 what a joke

[SxC]

0.00016512 what a joke

not a funny one tho

[bumface]

been reading the last pages, seems like its point the finger to bumface time again......if there is one thing i cant control its price....i bought 3,7 btc of utc on 0.0007.....this negativity makes other people become negative, and worry and doubt....