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

[Miesling]

what i don't understand is why is every shitcoin on Cryptsy and UTC is not?

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[YAdaminer]

what i don't understand is why is every shitcoin on Cryptsy and UTC is not?

I would like to know the reason too.

[SxC]

what i don't understand is why is every shitcoin on Cryptsy and UTC is not?

good question also some shitcoins on BTC-e

[Jacques21]

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

[noobyonekenobi]

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.

+1

[longyenthanh]

  Im still mining and holding for a while even though I have to pay over 700 bucks for electrical bill.

[SxC]

We need a UTC girls gone wild on reddit get the pervs tipping for tits

[Mikebeav3r]

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

+1Well said

[cace]

We need a UTC girls gone wild on reddit get the pervs tipping for tits

[sakiboj]

Hi, how to setup sapphire 280x oc dual-x on pc with 2gb ram?

[Eugen3]

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.

Thanks for speaking up.  I am sure there are more of us who hold this viewpoint and understand, but we are drowned out by those obsessed with play by play negativity.  As if anyone holding any amount of UTC is really going to sell it for a couple hundred satoshis....  Why even bother trolling us with this nonsense?

[dency45]

Can anyone help setting up config for sapphire r9 290 tri x? I am trying to config it for 2 hours now, no success getting past 135 without HW. :/

[YAdaminer]

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.

To 0.0001 I can bring it in few seconds, to 0.001 it would be hard.
The point is mining is even with this price more profitabile than most other coins, only few are more profitable atm and only because pump and dump.
Problem is that after CT hacked I don't see UTC volume on exchange and that pulls price down.

[Eugen3]

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.

To 0.0001 I can bring it in few seconds, to 0.001 it would be hard.
The point is mining is even with this price more profitabile than most other coins, only few are more profitable atm and only because pump and dump.
Problem is that after CT hacked I don't see UTC volume on exchange and that pulls price down.

Yes we are down on very low volume.  Try buying 20K UTC and see where the price ends up.

[NickPortland]

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.

[YAdaminer]

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.

To 0.0001 I can bring it in few seconds, to 0.001 it would be hard.
The point is mining is even with this price more profitabile than most other coins, only few are more profitable atm and only because pump and dump.
Problem is that after CT hacked I don't see UTC volume on exchange and that pulls price down.

Yes we are down on very low volume.  Try buying 20K UTC and see where the price ends up.

I'm mining with 22MH (scrypt) and buying 10-20pcs always from sell side, I was buying at 009, 007, 004, ... and I'm holding my 15K, I would buy more if I could  

[Eugen3]

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 the dev let alone a regular user.

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.  I can only imagine your comments now if he in fact did such a thing.

[NickPortland]

^Vizique 2.0^


Arrogant, rude, daft, intolerant, unsympathetic.

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

[CryptoCthulhu]

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?

1) Scrypt-Jane unlike regular Scrypt has a changing NFactor over time .  This basically means you get a lower hash rate and require more RAM over time.  It can't really be changed as it is part of the coins initial design.  When you design an Scrypt-Jane coin you define Start time and the initial NFactor.  The schedule is now on the first page of this thread.

With UTC it started with nFactor 4.  From the code:

Code:

minNfactor = 4
nChainStartTime = 1388361600 // This is Mon, 30 Dec 2013 00:00:00 GMT

2) Again this is by design.

From the code:

Code:

nStakeMinAge = 60 * 60 * 24 * 365; // This is 1 year is seconds for minimum PoS

NOW, to make any changes to initial settings is quite difficult.  It requires forking the code.  This is difficult as it requires coordination amongst parties so that every has an up to date UTC client PRIOR to any changes kicking off.

Did this information help?

Tip me: UWFtWk8caVDei8vCdMVuknFuTwsvn34Vex

Thanks for your explanation. Now I understand that change of this parameters is probably not going to happen. So I'll continue to mine and hope that everything will pay off at the end.
Small tip sent.

[bumface]

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......