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

[tsjaar]

Another one bites the dust ....
https://twitter.com/Poloniex/status/440734781689446400

Poloniex is a fast, secure exchange
Well, at least he is clear and honest; https://bitcointalk.org/index.php?topic=499580.0

We need CT up n running for UTC to break walls

[1714570727]

1714570727

[1714570727]

1714570727

[1714570727]

1714570727

[1714570727]

1714570727

[PaulR1]

I was sitting in church last Sunday, and I came to the realization, that people just need to believe in something and follow things blindly to be a part of something.

I'm not religious, but I do respect religion, and those that believe in what they believe. However, this blind faith seems to very often carry over to many other things, and by nature, people are very easily scammed. They sign up in droves for someone to tell them the "SECRET" of life, they believe the unbelievable, just because they want to and others like-minded around them convince them that they cannot be mistaken. People are sheep in so many different realms.

Why was I in church on Sunday? Well, I was making the wife happy, as she is one that believes. My wife made me happy, so I returned the favor and agreed to go to church outside of my once a year visit for holiday-sake. Again, I think religion serves a useful purpose to help bring together community,  promote "family" and help those that need to believe in something to get through a rough time, but I sit there watching people in disbelief on how easy it is to convince people of things that cannot be proven true.

Which is why I spent Sunday thinking about Cryptos while standing up, sitting down, standing up, kneeling, standing, sitting down. I know why people get scammed so often in this realm, because the deadly mixture of greed, blind faith and wanting to believe in something to be a part of a "pack".

My intent is not to offend anyone's beliefs in the religious sector, again, I believe strongly in you should believe in whatever makes you happy, and those that want to try and tell you their beliefs are better than theirs is just not secure in their own beliefs, and needs to feel like theirs is the only correct one.

I suppose I'll take that as a lesson, live and let live, including in Cryptos when you see someone wanting to believe in something you don't believe in at all. Enjoy the community, as long as you don't mind the "pope" converting to a different religion. He doesn't care, he was out when he made his BTC, anyone not seeing that by now is blinded by one of the above mentioned human characteristics. However, if the "creator" doesn't believe, why do you? What is so unique, except for your vested interest?

Good luck to all.

+1 ...a very clear explanation !

Hope everybody's is waking up in this "Church" now

[bumface]

We welcome a new spending place for UTC!   

http://bitcoindeadsea.wordpress.com/other-altcoins-accepted/

[pieterjanvh]

We welcome a new spending place for UTC!   

http://bitcoindeadsea.wordpress.com/other-altcoins-accepted/

Cool! Maybe u can ask the website owner how he's implementing UTC? Wether it's manual or that he has a merchant tool?

[noobyonekenobi]

Does anyone have or tried mining with gtx 750ti?

[idol]

Please support this cause with UTC donations! http://www.againsthunger.org/

Bumface can you add tweeter feed to UTC home page?

[azerbaidjan]

As per latest news:

1- AUR is now the most hyped coin around. It's obviously another LTC recycling project that claims to replace the dying icelandic krona which does not have any official backing. With its revolutionary stance it makes it a better target than the dog, even with its staggering 50% premine that will never be entirely claimed by the icelandic population, making the original miner the biggest whale ever for any given coin.
And given its recent soaring that will reverse at some point we can guess a LOT of whales are around.
So it's obviously much better fairytale marketing than what we were thinking of, although it feels like an elaborate scam that will be short lived.

2- forget about promoting UTC on farcebook NOW. WAIT! because it will be entirely silenced by other news around AUR and the BTC recovery.
Please use your best judgement to organize a decent timing, i.e.: when news will be somewhat flat. Doing this promotion right now would be a waste of money: people would dump their freshly earned UTC to buy AUR and the effect would be much worse than doing nothing

3- stories about supporting charities like feeding poor third world countries little babies interest nobody. Sorry to be that cynical but this is the kind of strategy that people without brain or ideas follow. Of course it makes you feel honest and brave and whatever, but this will not motivate nayone besides you. What motivates people right now is different:

  o DOGE: cut dog and fun meme stuff

  o AUR: sort of revolutionary idea (even if it remains to be seen that it's really icelandic money)

So those coins work because marketing did not recycle lukewarm concepts, they rather made a breakthrough.

Finding a breakthrough niche is what takes time. It looks like a straightforward thing once you get it out, but it's not.

So go back to your blueprint and try to find THE nice idea that could be a meme, revolutionary, etc. Whatever makes a difference in the mind of crypto fanatics and women, because when women enter the game, this will increase the market by at least twice (non talking about their children that will enter later on).

[bumface]

this coin is made not to be a useless hypecoin or meme.....its in the original post,we are aiming to be an actual currency when all these hypecoins have faded away

[azerbaidjan]

this coin is made not to be a useless hypecoin or meme.....its in the original post,we are aiming to be an actual currency when all these hypecoins have faded away

Yes but... YOU want to accrue some BTC value in it to make it steadily gain value without the whales that will play along.
SO you have to attract people in by proposing them a promise that holds value.

[longyenthanh]

somebody said the group is pumping aur coin is the group that hacked mtgox. idk 

[red5standingby]

100utc to feed the kids.

[cointradero]

this coin is made not to be a useless hypecoin or meme.....its in the original post,we are aiming to be an actual currency when all these hypecoins have faded away

Okay, tell me why I should buy or mine UTC today over Vertcoin, Microcoin, YACoin, YBCoin, Pandacoin, or any other Asic resistant coin right now?  Our value statement isn't clear.  That is everyone's point.

[SxC]

it's just a constant sell into the buy order's no1 is buying anymore

at the rate we dropping it will be 1 kid gets fed from 100 UTC

not 9 kids

[Mikebeav3r]

this coin is made not to be a useless hypecoin or meme.....its in the original post,we are aiming to be an actual currency when all these hypecoins have faded away

+1

[georgek]

Greate coin, i'll stick to it for mining

[NickPortland]

Since this is possibly the fastest crypto in existence, it should have been marketed as a means of payment first, Asic resistant second, and probably should have launched a little later when Asics were gonna be more common.

[azerbaidjan]

To bumface:

If think like you: you are right not to want your coin be pumped (and hyped) like the others. It will be through time and slow rise of its value that it will build up even more value. Cash should not come in too fast, but cash has to come in at a regular pace matching the mining. That's the root of the problem.

So maybe the best marketing is just not doing anything but attracting investors that play on the long term.
It is just frustrating for miners that are intent on dumping the very same day they mine because they do not trust anything but instant profits. Nothing wrong, this is just a strategy as good as any other. It all boils down to beliefs in the end.

In this sense the giveaway thing is not really interesting because that's a straw fire that will not represent what this coin is about. Better for instance give out by chunks of 100 or more to people understanding the POS and yearly interest. They would probably be more prepared to buy UTC right now and keep it through one entire year. Better make people understand before giving away, isn't it?

So I wonder if the marketing for this coin would not be to just let the time do its work while avoiding too much volatility by setting up pumps or dumps around this coin. I'm kind of mixed here. We should probably fix a decent value that would rise with time and would not justify any gold digger mining it but rather miners with long term agendas.

[Levole11]

80 % of the coins on coinmarketcap are in the green..UTC aint in it..

[TheStuhlman]

To bumface:

If think like you: you are right not to want your coin be pumped (and hyped) like the others. It will be through time and slow rise of its value that it will build up even more value. Cash should not come in too fast, but cash has to come in at a regular pace matching the mining. That's the root of the problem.

So maybe the best marketing is just not doing anything but attracting investors that play on the long term.
It is just frustrating for miners that are intent on dumping the very same day they mine because they do not trust anything but instant profits. Nothing wrong, this is just a strategy as good as any other. It all boils down to beliefs in the end.

In this sense the giveaway thing is not really interesting because that's a straw fire that will not represent what this coin is about. Better for instance give out by chunks of 100 or more to people understanding the POS and yearly interest. They would probably be more prepared to buy UTC right now and keep it through one entire year. Better make people understand before giving away, isn't it?

So I wonder if the marketing for this coin would not be to just let the time do its work while avoiding too much volatility by setting up pumps or dumps around this coin. I'm kind of mixed here. We should probably fix a decent value that would rise with time and would not justify any gold digger mining it but rather miners with long term agendas.

I have to agree with you on almost everything you said today. I have spoken with investors who were willing to invest heavily in UTC, however, they decided to ride the Aurora coin Hype first. I don't blame them. But we need to wait until the Aurora dump which is no doubt coming, to see some positive results for UTC. I think the price where it sits now will give us that opportunity soon. We will get that boost because UTC is calling for one. It's hard to maintain confidence when prices are falling, but when things clear a bit, it will be worth the wait.

[dukas93]

 I don't know your plan, bumface but look arround and I just think how can UTC survive with all the dumper. Do you think this coin can live until 2015?