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

[jacobshm]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...

[nanoprobe]

Hey All,

I've just made a lot of drastic changes to the website, Hopefully for the better. Let me know what you think

Looks good. Took me a few to figure out how to navigate. Thanks for all your hard work.

[cryptotrain-net]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...
http://nimg.sulekha.com/business/original700/french-guiana-rocket-launch-2009-10-30-6-11-20.jpg

Give it to me

[cryptotrain-net]

Hey All,

I've just made a lot of drastic changes to the website, Hopefully for the better. Let me know what you think

Looks good. Took me a few to figure out how to navigate. Thanks for all your hard work.

Yeah, I changed it all up a bit. It's hopefully much simpler now. But I've had to try and figure out a way to keep it all condensed for when I add more Algos, such as x13 or scrypt-n etc etc.

[foxkyu]

Hey All,

I've just made a lot of drastic changes to the website, Hopefully for the better. Let me know what you think

Looks good
the UI is very cool, i  like when i don't have to wait to open the other page.

[Navyman47]

have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week

So what happens for those of us who have been staking coins for the last 6 months?  That would equate to approximately a 10% loss of interest that was promised when the coin was started.
First you reduce block rewards from miners, who were the original supporters of the coin to appease the whiners.  Now you want to take away 10% of my stake interest.

[Uggle]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...

Well done, well done indeed 

[jacobshm]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...

Give it to me

come and get it at .015 and not a satoshi less bro

[RichardMiner]

have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week

So what happens for those of us who have been staking coins for the last 6 months?  That would equate to approximately a 10% loss of interest that was promised when the coin was started.
First you reduce block rewards from miners, who were the original supporters of the coin to appease the whiners.  Now you want to take away 10% of my stake interest.

Haha

1. The coin doesen't even excist for 6 months
2. It was known the pos was "under construction" and did dent work yet
3. The "old team" did dent make finall pos discisions and did dent realise it
4. No bank wil give you ever 5.2 interrest
5. A higher pos will be not in the final interrest of the lifetime cycle of the coin and thus for you and me
6. Reducing block rewards was needed and in the interrest of the coin and thus for everybody

My advice bro: dont look in the past....look at tommorow

[Navyman47]

have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week

So what happens for those of us who have been staking coins for the last 6 months?  That would equate to approximately a 10% loss of interest that was promised when the coin was started.
First you reduce block rewards from miners, who were the original supporters of the coin to appease the whiners.  Now you want to take away 10% of my stake interest.

Haha

1. The coin doesen't even excist for 6 months
2. It was known the pos was "under construction" and did dent work yet
3. The "old team" did dent make finall pos discisions and did dent realise it
4. No bank wil give you ever 5.2 interrest
5. A higher pos will be not in the final interrest of the lifetime cycle of the coin and thus for you and me
6. Reducing block rewards was needed and in the interrest of the coin and thus for everybody

My advice bro: dont look in the past....look at tommorow

I should have been more specific as to whom my question was directed.  It was directed to the leadership team and not some Johnny come lately.
The POS was not under construction from the beginning and has always been promised as long as the wallet was unlocked.
No one said anything about a bank, those were promises made by Michael at the introduction of this coin and throughout the life of this coin.
The last time I checked, he is/was the coin leader.
Please explain and show me the charts to prove that reducing block reward made this coin better.  A very short spike up and a fast downtrend as miners and volume went away.
Also, I said approximately 10%.  Look up the word approximate and stop attacking people.

My advice bro:  don't answer valid questions that you're not qualified to answer.

[funsponge]

have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week

0.1% per week is too little,0.25% is ok .

this number has been decided by the community in an IRC meeting  

Was 0.1% agreed on? that wouldn't attracted investors as they could just place there money in a high interest account at a bank to get 6-8% interest per year. We need to at least aim to beat this so investors would find it lucrative!?

I would be very interested to know the name of a bank that is paying 6-8% interest on anything. I have money standing by.

first listing on google i found by typing '6% interest bank account' - took 5 seconds

http://www1.firstdirect.com/1/2/savings/regular-savings-account

[jacobshm]

have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week

0.1% per week is too little,0.25% is ok .

this number has been decided by the community in an IRC meeting  

Was 0.1% agreed on? that wouldn't attracted investors as they could just place there money in a high interest account at a bank to get 6-8% interest per year. We need to at least aim to beat this so investors would find it lucrative!?

I would be very interested to know the name of a bank that is paying 6-8% interest on anything. I have money standing by.

first listing on google i found by typing '6% interest bank account' - took 5 seconds

http://www1.firstdirect.com/1/2/savings/regular-savings-account

i shouldnt be getting involved in this but read the fine print, thats only for the first year with a maximum of 3600 pounds. a more realistic "high interest" account is along the lines of .9% annually and even then its only promotional...

i do however agree with you that its problematic to lose your stake that you started in January, does anybody know if you get the interest on what you already staked?

20% doesnt seem feasible long term either, we should find some common ground that will make the most people happy

[utcminer]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...

so you have only 16666 utc

[jacobshm]

listen guys, this roller coaster of a coin is too much for my feeble heart, i set my sell order at .015 cuz im ready to cash out hehehe wat am i gonna do with my 250btc is gonna be my only problem...

so you have only 16666 utc

yup, i bought when it was too high and i have no clue how to mine

[Uggle]

Dat Buy support  

[barbados-fs]

Hey All,

I've just made a lot of drastic changes to the website, Hopefully for the better. Let me know what you think

Unfortunately all my ISP is blocking access to its site multipula: (((We have to go back through the proxies. This is not very convenient.

[NDW467]

https://i.imgur.com/OnCQo9a.jpg

Dat Buy support  

It's saying "come at me brah!"

[barbados-fs]

first listing on google i found by typing '6% interest bank account' - took 5 seconds

http://www1.firstdirect.com/1/2/savings/regular-savings-account

6% per year? This is ridiculous! I give my money to the bank for less than 9-12% per year. Now at 9%.

[rapture333]

first listing on google i found by typing '6% interest bank account' - took 5 seconds

http://www1.firstdirect.com/1/2/savings/regular-savings-account

6% per year? This is ridiculous! I give my money to the bank for less than 9-12% per year. Now at 9%.

"How can they pay such huge interest rates?
Often these accounts only last a year, and there are strict limits on the amount you can save. Banks commonly use them as advertising tools, promising eye-catching interest rates, in order to grab your custom in the hope of flogging or forcing you to have their other products too.

Once it ends, your cash sweeps into a bog-standard account. Note the date, then ditch 'n' switch to a better deal immediately.

How does the interest work?
One point to note is that the interest received will be around half the interest rate of the account as the money is being saved monthly rather than in one lump sum. To maximise your overall interest, use the dripfeeding technique below.

When are they worth using?
While for pure interest rates, the top regular savers are unbeatable, they are taxed, meaning basic rate taxpayers lose 20% of any interest earned, higher rate 40%. This means, for many, the returns won't be as good as putting the cash in a tax-free Cash ISA; plus, if you don't use your £5,940 ISA allowance in a tax-year, you lose it.

Usually the right strategy is first fill your ISA each year, and once that's done, plump for the best regular savers (for more info, see the Where to Start Saving guide). Yet occasionally a regular savings account will pay so much, it can beat even the top untaxed ISA. The calculator below will help you compare."

[rapture333]

Well in the US, the highest CD I've seen is 8% over the course of many years, and you can't access your cash. I call BS on 9% interest on a savings account. 5.2% interest for Ultracoin is very high, everyone is accepted, it is year after year, and you can use your funds whenever you want to.