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

[Myththegod]

UTC has so much untapped potential the sky is the limit, I have been with UTC since the beginning as well. I don't understand why more people are not backing this coin ( to me it's a no brainer) with all the positives it has. I guess we will have to wait till the asics are out before people start to realize what UTC is all about

[utcminer]

@devs
we need turn the reward of each block from 15 to 5,which make the output from 15000 to 5000,and at this price ,we can buy more than  10000 utc from multipool's hashrate. the price will go up then.

if this does not work, we should turn to FULL POS.

consider it very carefully

[Ruckster2010]

Guy's and Girl's,

The Multipool was specially build to help Ultracoins price going up.

The concept of mining the most profitable scrypt/X11/Sha256 coin, then selling for BTC and buying back UTC is a beautiful concept.

But if there are to less miners on the Multipool it wil not work and the Multipool has to close his doors soon.

Please consider to put your rigs and hashrate for at least of 75% on the Multipool !

 
Ultracoin Multi Pool     : http://www.cryptotrain.net/  

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

[bret]

Guy's and Girl's,

The Multipool was specially build to help Ultracoins price going up.

The concept of mining the most profitable scrypt/X11/Sha256 coin, then selling for BTC and buying back UTC is a beautiful concept.

But if there are to less miners on the Multipool it wil not work and the Multipool has to close his doors soon.

Please consider to put your rigs and hashrate for at least of 75% on the Multipool !

 
Ultracoin Multi Pool     : http://www.cryptotrain.net/  

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

Simply outpacing daily supply with demand is not enough to make an impact. This would only work if there was not a massive supply built up from all of the previous days.

Obviously more demand is a good thing, but it's not going to work the way you think it will.

There are tons of people with tons of coins and not all of them are long term bag holders.

[Ruckster2010]

Guy's and Girl's,

The Multipool was specially build to help Ultracoins price going up.

The concept of mining the most profitable scrypt/X11/Sha256 coin, then selling for BTC and buying back UTC is a beautiful concept.

But if there are to less miners on the Multipool it wil not work and the Multipool has to close his doors soon.

Please consider to put your rigs and hashrate for at least of 75% on the Multipool !

 
Ultracoin Multi Pool     : http://www.cryptotrain.net/  

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

Simply outpacing daily supply with demand is not enough to make an impact. This would only work if there was not a massive supply built up from all of the previous days.

Obviously more demand is a good thing, but it's not going to work the way you think it will.

There are tons of people with tons of coins and not all of them are long term bag holders.

true, but if they know the coin value is going to go up, a good portion will hold for better pricing.

[funsponge]

What's the big news? Can we be told yet?

[rapture333]

Hey guys, btcpipeshop.com just started accepting Ultracoin for a month trial, browse their selections and see if their is anything you would like to purchase using Ultracoin! Looks like the pipes could make a great gift, remember, merchants will keep supporting Ultracoin as long as we promote them.

 I am going to suggest we change the way we interact with vendors from now on (it is much more effective if we write something personal instead of copy and paste). This could be from a single sentence to a few paragraphs, it is completely up to you! I will be updating the list tonight for the contact information of the next wave of businesses we will contact! Except this time we will have to get more creative! No more copy and paste, just a sentence or ten.  

[RichardMiner]

What's the big news? Can we be told yet?

Big news !?  ... I bet they announce going full pos  

[fabietech]

Hey guys, btcpipeshop.com just started accepting Ultracoin for a month trial, browse their selections and see if their is anything you would like to purchase using Ultracoin! Looks like the pipes could make a great gift, remember, merchants will keep supporting Ultracoin as long as we promote them.

 I am going to suggest we change the way we interact with vendors from now on (it is much more effective if we write something personal instead of copy and paste). This could be from a single sentence to a few paragraphs, it is completely up to you! I will be updating the list tonight for the contact information of the next wave of businesses we will contact! Except this time we will have to get more creative! No more copy and paste, just a sentence or ten.  

Great job Rapture
Lets try to get some more vendors joining Ultracoin!

[bret]

Guy's and Girl's,

The Multipool was specially build to help Ultracoins price going up.

The concept of mining the most profitable scrypt/X11/Sha256 coin, then selling for BTC and buying back UTC is a beautiful concept.

But if there are to less miners on the Multipool it wil not work and the Multipool has to close his doors soon.

Please consider to put your rigs and hashrate for at least of 75% on the Multipool !

 
Ultracoin Multi Pool     : http://www.cryptotrain.net/  

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

Simply outpacing daily supply with demand is not enough to make an impact. This would only work if there was not a massive supply built up from all of the previous days.

Obviously more demand is a good thing, but it's not going to work the way you think it will.

There are tons of people with tons of coins and not all of them are long term bag holders.

true, but if they know the coin value is going to go up, a good portion will hold for better pricing.

Things sell for what people value them as. UTC price will go up when people value them more. There is no gimmick of trick that is going to make pricing go up. If it were that simple everyone would make all their coins PoS, setup multipools and *boom* forever rising prices. It's just not that simple.

You don't need a multipool, PoS or anything like that to force pricing to go up, you need people to value the coin, speculation or otherwise, if people do not perceive a high value in UTC it isn't going to rise in an significant way.

[mizultra]

Guy's and Girl's,

The Multipool was specially build to help Ultracoins price going up.

The concept of mining the most profitable scrypt/X11/Sha256 coin, then selling for BTC and buying back UTC is a beautiful concept.

But if there are to less miners on the Multipool it wil not work and the Multipool has to close his doors soon.

Please consider to put your rigs and hashrate for at least of 75% on the Multipool !

 
Ultracoin Multi Pool     : http://www.cryptotrain.net/  

PaulR1 and everyone else. I had mentioned this earlier and received no response.  UTC generates about 43,200 coins per 24 hour period.  If the multipool were to generate say double that, the coin would have no choice but to go up and supply would start to dwindle.  Having this kind of hashrate on the multipool ahead of any other 'big' action should only enhance the value of that action.

We have seen the multipool generate the ability to purchase 25K in coins, last purchase totalled almost 11K.  Crossing 43K is not insurmountable and everyone's coins go up in value.  This is not rocket science. this is supply and demand.

Ok, so basically we have a math problem here. Invest UTC/BTC/whatevercoin in the short-term to purchase enough scrypt/X11/Sha256 mining power on the multi-pool to surpass this 43k coin-output threshold. Assuming what you say is true it's a matter of investing in the most cost-effective mining equipment to meet those goals and then reaping the benefits of the price increase.

From a mining perspective, just figure out what the hardware investment is based on your 43k threshold and calculate the return on the UTC price increase -assuming it actually increases as you're suggesting.

How about using some kind of contract/cloud mining to do it?

[rapture333]

http://ultracointalk.org/index.php?topic=137.0


Hello ladies and gentlemen! Here is an updated list of businesses to send e-mails to requesting that they adopt Ultracoin. The goal is simple, increase the amount of businesses that accept Ultracoin, thus increasing the value of the coin as a currency and the price of the coin long term. In order to do this, we as a community need to contact businesses directly with a personal message, demanding that they begin accepting Ultracoin. Your message can be as simple as one sentence, to 10 paragraphs, it is completely up to you. Just the fact that you are saying anything at all is a huge step in its own. As a community we will be targeting each specific businesses based on their likeliness to accept Ultracoin, we will send each one a message letting them become aware of the potential business opportunities present by accepting our currency.

Here is an updated list of vendors which will be targeting, start sending your requests!

Newsbam - Stock Image Service - http://www.newsbam.com/contact/contact.htm

Bitezze.com - Precious Metals - Bitezze.com@gmail.com

Cryptogamekeys.com - Video Games - http://www.cryptogamekeys.com/contact/

Cryptovest.com - Physical Coins - https://cryptovest.com/contact-us/

Retrotowers.com - Retro Video Games - http://www.retrotowers.co.uk/contact

Waterido.com - Water Filtration - info@waterido.com

Wrol.com - Emergency Preparedness - http://wrol.info/contact-us/

Grkreations.com - Photography Set Supplies - http://grkreationsdirect.com/index.php?main_page=contact_us

51Attack.com - Crypto T-shirts - http://www.51attack.com/contact/

Citrusfit.com - Weight Loss & Detox Products - http://citrusfit.com/index.php?route=information/contact

Stickerzlab.us - Sticker Decals - https://www.stickerzlab.us/contacts

Tucsonsale.com - Vintage Items - trade4bitcoins@gmail.com

Fairdraw.co.uk - T-shirt Printing Service - http://shop.fairdraw.co.uk/index.php?route=information/contact

Ocularraindrop.net - Video Games - http://ocularraindrop.net/hexasale/contact_us.php/osCsid/5c35f51ea781209bf51f5b34014f8ec3

Briehost.com - Webhosting - -ACCEPTED- https://www.briehost.com/submitticket.php?step=2&deptid=1 -ACCEPTED-

Whipstergear.com - iPhone Cases - http://www.whipstergear.com/contact/

Aboveallhouseplans.com - Architecture Plans - http://www.aboveallhouseplans.com/contact.html?sid=i4tdnkahga0g7oikquq7k8dmg4

[rapture333]

Not even an hour after we started contacting businesses, https://www.briehost.com/  has started accepting Ultracoin! Check them out! They are a web hosting service that is now serving our community!

[kingscrown]

Not even an hour after we started contacting businesses, https://www.briehost.com/  has started accepting Ultracoin! Check them out! They are a web hosting service that is now serving our community!

they dont ask for docus ?

[usukan]

Target this group - VoidSpace is a step-change in gaming.  They will use DOGE but UTC would be better!

http://www.universeprojects.com/new/index.jsp

Seriously look at this - it will be bigger than FB



Quote from: Steven on April 28, 2014, 07:37:20 AM
I was just talking to my buddy, could you imagine if Ultracoin was adopted as the official ingame currency of an MMO or other game? A developer could buy a large amount of Ultracoin, and use it ingame as a medium currency, and even let players withdraw or deposit Ultracoin into their game. Could be interesting. I know a Minecraft plugin is being made, I'm looking forward to incorporating that into my server. But what about other games like DayZ, Garrysmod, etc. Future devs might have this in mind, especially independant developers that make a lot of these popular games, the smaller studios and indies probably won't need as much convincing as the larger companies. Thoughts?

[usukan]

The primary Cyrptocurrency that will be used is Dogecoin, though Bitcoin, Litecoin and other forms of virtual money will be available to use.

Target this group - VoidSpace is a step-change in gaming.  They will use DOGE but UTC would be better!

http://www.universeprojects.com/new/index.jsp

Seriously look at this - it will be bigger than FB



Quote from: Steven on April 28, 2014, 07:37:20 AM
I was just talking to my buddy, could you imagine if Ultracoin was adopted as the official ingame currency of an MMO or other game? A developer could buy a large amount of Ultracoin, and use it ingame as a medium currency, and even let players withdraw or deposit Ultracoin into their game. Could be interesting. I know a Minecraft plugin is being made, I'm looking forward to incorporating that into my server. But what about other games like DayZ, Garrysmod, etc. Future devs might have this in mind, especially independant developers that make a lot of these popular games, the smaller studios and indies probably won't need as much convincing as the larger companies. Thoughts?

[usukan]

https://www.youtube.com/watch?v=uuqo3uoHgGE

The primary Cyrptocurrency that will be used is Dogecoin, though Bitcoin, Litecoin and other forms of virtual money will be available to use.

Target this group - VoidSpace is a step-change in gaming.  They will use DOGE but UTC would be better!

http://www.universeprojects.com/new/index.jsp

Seriously look at this - it will be bigger than FB



Quote from: Steven on April 28, 2014, 07:37:20 AM
I was just talking to my buddy, could you imagine if Ultracoin was adopted as the official ingame currency of an MMO or other game? A developer could buy a large amount of Ultracoin, and use it ingame as a medium currency, and even let players withdraw or deposit Ultracoin into their game. Could be interesting. I know a Minecraft plugin is being made, I'm looking forward to incorporating that into my server. But what about other games like DayZ, Garrysmod, etc. Future devs might have this in mind, especially independant developers that make a lot of these popular games, the smaller studios and indies probably won't need as much convincing as the larger companies. Thoughts?

[primouno]

Target this group - VoidSpace is a step-change in gaming.  They will use DOGE but UTC would be better!

http://www.universeprojects.com/new/index.jsp

Seriously look at this - it will be bigger than FB



Quote from: Steven on April 28, 2014, 07:37:20 AM
I was just talking to my buddy, could you imagine if Ultracoin was adopted as the official ingame currency of an MMO or other game? A developer could buy a large amount of Ultracoin, and use it ingame as a medium currency, and even let players withdraw or deposit Ultracoin into their game. Could be interesting. I know a Minecraft plugin is being made, I'm looking forward to incorporating that into my server. But what about other games like DayZ, Garrysmod, etc. Future devs might have this in mind, especially independant developers that make a lot of these popular games, the smaller studios and indies probably won't need as much convincing as the larger companies. Thoughts?

I think UTC should focus on micropayments availble in MMO's instead of online shops -> this could be stage two Maybe UTC could be associated with online games starting with Minecraft? UTC is so fast that payments could be almost instant. If we could convince players this would be huge. Unfortunatelly I'm not much of a player so I don't know where we can start announcing this

[SxC]

is it normal for the new wallet to take ages to open ?

[primouno]

is it normal for the new wallet to take ages to open ?

It's not the fastest wallet out there but I wouldn's say it takes ages to open It depends on your HDD or SSD. Maybe this issue could be fixed with the next update.