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

[3r197]

To all you investors wanting a quick buck - remember things take time.
But I can help spell out what could be in the near future for BTC and the altcoin community.

First, see this chart for "possible!!!" analysis of what's to come within the next 2 months for BTC.
https://www.tradingview.com/v/ZkH7unSj/
Other charts are also indicating bull rally,

Next, remember or come to realization that the Winklevoss twins are close to listing BTC on Nasdaq!
Google subject or go here:
http://www.coindesk.com/winklevoss-twins-plan-nasdaq-listing-for-bitcoin-etf-in-new-sec-filing/
HEY, WE HAVE GOOD NEWS ABOUT CRYPTOCURRENCIES INSTEAD OF BAD NEWS!!! SCREW CHINA (I'd say another word for them but must refrain)!!

And finally, once this bull rally ensues. What better coin to own or trade with other than UTC??
This new influx of BTC investors will obviously get fixed on what the Altcoin community has to offer and will invest in it's future as well. Who want's to wait and hour to trade??
With UTC's ultra-arb.com website, UTC's ultrafast and proven safe transaction speed, UTC's strong community, UTC's ASIC proof algorithm, etc... (I could go on for a while ) - there is only a bright future ahead of us!

So please enjoy the show!
From now till July 15th will be interesting times ahead.
And for my sake, from a legal aspect, please invest wisely, and never invest more than you can afford to lose, bla, bla, bla...

Cheers!

[rapture333]

Tired of sifting endlessly through bitcointalk? Wish you could find specific topics and discussions in an organized place? Sick of spam and other distractions? Consider signing up for Ultracointalk, the only dedicated Ultracoin forum on the web.

UltraCoinTalk.org

[xwebnetwork]

Website Updates - Getting back into the groove of posting regular updates. Need to keep everybody informed.

INDEX:
Testing code for integrated arbitrage
Please excuse the ticker at the moment. I am tweaking the backend server configs and it broke PHP temporarily

SERVICES:
Added CoinCPA

FUSION:
Integrating a live support chat and ticketing system to replace the contact form to allow more efficient handling of requests

BLOG:
Template is being built to accompany primary site design

SERVERS:
Setting up a new server cluster within XWEB's datacenter to serve as UTC's new home. Transfer will occur this weekend, tentatively

UTC BLOCKCHAIN:
We will be taking over the UTC Blockchain and hosting it within the aforementioned server cluster. More details to follow shortly

==================

Additional updates:

So, its of no surprise that we are hard at work tweaking the POS parameters. Lots of number crunching involved here to protect everyone's assets, rewards, etc. But, the time spent researching and contemplating will be well worth it in the end.

[thaitunhi1606]

Team UTC is currently discussing the possibility of shortening the POS time to 3 months,with a percentage of 5.

We are now discussing the implications with the dev,and we will update you with following as soon as we can - changes that will be made, schedule of those changes and what that means to you..

I think need creat POS(1 month, 3 months, 6 months, 12 months like bank) or creat MASTERNODE (1 MASTERNODE = 10k UTC or 1 MASTERNODE = 50k UTC) or both(POS + MASTERNODE). It 'll help UTC go to da moon.

[teamlottowin]

Aid Campaign For Soma Mining Disaster Victims

Help Families Of Those Who Lost Their Lives In SOMA Mining Accident
Turkey coal mine explosion: Death toll hits 274, making Soma disaster the worst of its kind in country's history.

http://somaminingaccident.blogspot.com/2014/05/help-families-of-those-who-lost-their.html …

[Doging]

105K UTC order on mint.

[MisterCrypto]

105K UTC order on mint.

I can see that at 0.00006601

Is it anyone in here?

[Doging]

105K UTC order on mint.

I can see that at 0.00006601

Is it anyone in here?

Could be someone who cashed out of DRK. Been watching mint closely and haven't seen a buy wall this big. Good chance to get UTC price back to where it belongs, might be the confidence boost it needs.

[MisterCrypto]

105K UTC order on mint.

I can see that at 0.00006601

Is it anyone in here?

Could be someone who cashed out of DRK. Been watching mint closely and haven't seen a buy wall this big. Good chance to get UTC price back to where it belongs, might be the confidence boost it needs.

It is getting eaten away bit by bit. We need some buy walls to come before it as support. I only have 4 BTC on mintpal, most of my BTC was spent picking up LTC at a good price.

Im watching closely.

[Doging]

105K UTC order on mint.

I can see that at 0.00006601

Is it anyone in here?

Could be someone who cashed out of DRK. Been watching mint closely and haven't seen a buy wall this big. Good chance to get UTC price back to where it belongs, might be the confidence boost it needs.

It is getting eaten away bit by bit. We need some buy walls to come before it as support. I only have 4 BTC on mintpal, most of my BTC was spent picking up LTC at a good price.

Im watching closely.

It's getting bigger and moving up. I'm all in UTC but will be holding and watching. If nautilus recovers I'll dump mine and chip in.

[Grinny]

Team UTC is currently discussing the possibility of shortening the POS time to 3 months,with a percentage of 5.

We are now discussing the implications with the dev,and we will update you with following as soon as we can - changes that will be made, schedule of those changes and what that means to you..

+1
one year is too long in terms of internet/crypto

[dcgirl]

@DCgirl,

Just a thought...
In ultra-arb.com, would it be a good idea to create a projected transaction speed indicator for each coin being "arbbed".
Granted it seems that a straight coin arb transaction (example: VRT/crytpsy -> VRT/mintpal) is typically more profitable than say (example: VRT->BTC->UTC->BTC->VRT cryptsy to mintpal).
But if the investor had a projected transaction speed differential indicator shown. Would it help them realize what potential UTC has to help them get the order in the fastest?
Yet, I'm also still concerned with the exchanges. They seem to be the ones really slowing down the system. The other day I traded a coin from mintpal to cryptsy. It took about 20 minutes.
I heard cryptsy tweet a while back on their website that they were adding more nodes to speed up the transaction confirmations. Do you feel that they (all exchanges) will continue to increase their speed over time?


Thoughts?

yes - thats what that little gray box is for, I have that on my list of updates to make. It will be a guesstimate to be sure, but will factor in the confirmation time for the coin being moved (from bitinfocharts, i'm thinking), plus the daemon schedule for the exchange. I hope to have this change made soon.

[3r197]

@DCgirl,

Just a thought...
In ultra-arb.com, would it be a good idea to create a projected transaction speed indicator for each coin being "arbbed".
Granted it seems that a straight coin arb transaction (example: VRT/crytpsy -> VRT/mintpal) is typically more profitable than say (example: VRT->BTC->UTC->BTC->VRT mintpal to cryptsy).
But if the investor had a projected transaction speed differential indicator shown. Would it help them realize what potential UTC has to help them get the order in the fastest?
Yet, I'm also still concerned with the exchanges. They seem to be the ones really slowing down the system. The other day I traded a coin from mintpal to cryptsy. It took about 20 minutes.
I heard cryptsy tweet a while back on their website that they were adding more nodes to speed up the transaction confirmations. Do you feel that they (all exchanges) will continue to increase their speed over time?


Thoughts?

yes - thats what that little gray box is for, I have that on my list of updates to make. It will be a guesstimate to be sure, but will factor in the confirmation time for the coin being moved (from bitinfocharts, i'm thinking), plus the daemon schedule for the exchange. I hope to have this change made soon.

Okay, awesome, thanks. Sorry I deleted my post accidentally. I hit the wrong button!

[dygus]

multipool at once !!!!

[primouno]

multipool at once !!!!

Agree

Damn DRK, looks like it's going to 1 BTC When do we see UTC=DRK?

[nanoprobe]

Damn DRK, looks like it's going to 1 BTC When do we see UTC=DRK?

Where do you see DRK going to 1 BTC?

[primouno]

Damn DRK, looks like it's going to 1 BTC When do we see UTC=DRK?

Where do you see DRK going to 1 BTC?

Just kidding, but who knows? DRK is worth 3 times more than just a week ago and still going up.

[cointradero]

Damn DRK, looks like it's going to 1 BTC When do we see UTC=DRK?

Where do you see DRK going to 1 BTC?

Just kidding, but who knows? DRK is worth 3 times more than just a week ago and still going up.

I had 1 BTC of DRK because I liked the work they were doing on that coin, and held it for over a month and a half and all it did was go down 10%.  I traded it in to do some daytrading on other coins and literally the day later is started getting pumped to the moon.  It's worth 5x what it was when I dumped it.  Makes me sad. 

[primouno]

Damn DRK, looks like it's going to 1 BTC When do we see UTC=DRK?

Where do you see DRK going to 1 BTC?

Just kidding, but who knows? DRK is worth 3 times more than just a week ago and still going up.

I had 1 BTC of DRK because I liked the work they were doing on that coin, and held it for over a month and a half and all it did was go down 10%.  I traded it in to do some daytrading on other coins and literally the day later is started getting pumped to the moon.  It's worth 5x what it was when I dumped it.  Makes me sad.  

That is just my kind of investing I sold some DRK which I had mined (and now it's worth 2x more) and then I bought UTC (and lost about 20%) This must have taught you patience and long term investing Maybe UTC will change our (bad)luck. UTC is cheap and unfortunatelly is getting cheaper, but some day it has to go to where DRK is now.

[Beave162]

"it has to go to where DRK is now"
Why is that?