[ANN][U] UCoin丨X15丨Web, iOS, Android, Mac and WP wallets丨USnake | More features

[vagabondz]

How many total POW blocks are there?

max coin supply is ~10m (8m are left for POW), average block reward of 10, 1 block per minute.

So that's 800,000 blocks.

[1715066665]

1715066665

[Jookly]

How many total POW blocks are there?

max coin supply is ~10m (8m are left for POW), average block reward of 10, 1 block per minute.

So that's 800,000 blocks.

Ok thanks.  So this will be in POW phase for well over a year.

[vagabondz]

when does it become pure pos?
its a pos coin right? make it 1 week mining left so we can go to the moon. no need for pow.

You fail to make the connection between a coin's value and what gives it value.

Just because you take away POW and make a coin POS, doesn't mean it'll magically get a bigger mcap.

So tired of you "traders" who do no work, and don't study up. There's no such thing as easy money, stop looking. If you want to make money trading, then do research and hedge your risks.

POW going into POS is a stupid basis for a pump. Stop taking pumps for granted and expecting free money.

[Jookly]

when does it become pure pos?
its a pos coin right? make it 1 week mining left so we can go to the moon. no need for pow.

You fail to make the connection between a coin's value and what gives it value.

Just because you take away POW and make a coin POS, doesn't mean it'll magically get a bigger mcap.

So tired of you "traders" who do no work, and don't study up. There's no such thing as easy money, stop looking. If you want to make money trading, then do research and hedge your risks.

POW going into POS is a stupid basis for a pump. Stop taking pumps for granted and expecting free money.

I know I was not the one you were responding too and I think you make a good point but I also want to comment that when the mining price is immediately lower than the ICO price it seems like ideally the coins parameters would push this the other way.  I'm not asking for anything to change, but I am curious what you think about this.

[vagabondz]

when does it become pure pos?
its a pos coin right? make it 1 week mining left so we can go to the moon. no need for pow.

You fail to make the connection between a coin's value and what gives it value.

Just because you take away POW and make a coin POS, doesn't mean it'll magically get a bigger mcap.

So tired of you "traders" who do no work, and don't study up. There's no such thing as easy money, stop looking. If you want to make money trading, then do research and hedge your risks.

POW going into POS is a stupid basis for a pump. Stop taking pumps for granted and expecting free money.

I know I was not the one you were responding too and I think you make a good point but I also want to comment that when the mining price is immediately lower than the ICO price it seems like ideally the coins parameters would push this the other way.  I'm not asking for anything to change, but I am curious what you think about this.

Well, I'm in this coin simply as a high risk, high reward play. Took me 0.2 BTC to pick up like 20k coins, which is almost 5% of the current supply. If the coin dies, I'm out $60. If it picks up tractions, hits bittrex, and delivers a few goodies, then that 5% would be worth a few BTC. Pretty good gamble imo.

As for the mining, the amount of coins mined each day is already preset, so if there's only one person mining, he will get all those coins even if he only uses a little hashrate. Thus, the reason the mining price is so low, is because very few people are mining, thus less competition, meaning cheaper mining prices.

However, each day only 14k coins will be mined, which means that the supply will inflate relatively quickly for the first month or so (coin supply will  double to nearly 1 million supply, from currently 450k). After this first month, we'll see the mining inflation begin to fall off.

Basically, taking everything into account, the mcap is ridiculously low for the coin supply (~5btc mcap), and the mining won't add in nearly as much inflation as other coins out there. Seems to me that the dev has a course of action and a plan as well, so I'm more than happy to take this gamble.\

[Jookly]

when does it become pure pos?
its a pos coin right? make it 1 week mining left so we can go to the moon. no need for pow.

You fail to make the connection between a coin's value and what gives it value.

Just because you take away POW and make a coin POS, doesn't mean it'll magically get a bigger mcap.

So tired of you "traders" who do no work, and don't study up. There's no such thing as easy money, stop looking. If you want to make money trading, then do research and hedge your risks.

POW going into POS is a stupid basis for a pump. Stop taking pumps for granted and expecting free money.

I know I was not the one you were responding too and I think you make a good point but I also want to comment that when the mining price is immediately lower than the ICO price it seems like ideally the coins parameters would push this the other way.  I'm not asking for anything to change, but I am curious what you think about this.

Well, I'm in this coin simply as a high risk, high reward play. Took me 0.2 BTC to pick up like 20k coins, which is almost 5% of the current supply. If the coin dies, I'm out $60. If it picks up tractions, hits bittrex, and delivers a few goodies, then that 5% would be worth a few BTC. Pretty good gamble imo.

As for the mining, the amount of coins mined each day is already preset, so if there's only one person mining, he will get all those coins even if he only uses a little hashrate. Thus, the reason the mining price is so low, is because very few people are mining, thus less competition, meaning cheaper mining prices.

However, each day only 14k coins will be mined, which means that the supply will inflate relatively quickly for the first month or so (coin supply will  double to nearly 1 million supply, from currently 450k). After this first month, we'll see the mining inflation begin to fall off.

Basically, taking everything into account, the mcap is ridiculously low for the coin supply (~5btc mcap), and the mining won't add in nearly as much inflation as other coins out there. Seems to me that the dev has a course of action and a plan as well, so I'm more than happy to take this gamble.\

Thanks I appreciate your analysis!

[UCoinTeam]

USnake for iOS released. OP post updated.
Download IPA

Great work dev, but maybe you need a little more fanfare with your announcements...

Beta version:
USnake - snake-like game, playing in which you can earn UCoins. The more people who play the game, harder it is to earn coins.

USnake for iOS available now!!!

I'm not good at announcements. I will learn

[UCoinTeam]

UWallet is available in Google Play

[smackii]

Nicely done, this coin is for long term.

Low block reward, mining for more than a year, active development.

As long as the dev don't dump, it will be all better.

[silverduck]

how many coins got burned from ico?

[Jookly]

how many coins got burned from ico?

1291167.45384618 coins burned @ UmCCEXxCoinxBurningxServicexZxKCbz

[liulby]

very good!

how many coins got burned from ico?

1291167.45384618 coins burned @ UmCCEXxCoinxBurningxServicexZxKCbz

[3angle]

Our Snake was such a great idea that this dev had to copy it.

[qiwoman2]

the coin is showing wonderful developments, Chinese OP will be up tomorrow, sorry for delay.. 

[vagabondz]

Our Snake was such a great idea that this dev had to copy it.

this is coming from the guy going around creating a buncha ICO coins. The ICO funds which magically never get seen again.

I see you got a plan for another ICO coin. Whatever happened to Inkwaycoin? Spend all the ICO funds from that already?

[Jookly]

Our Snake was such a great idea that this dev had to copy it.

this is coming from the guy going around creating a buncha ICO coins. The ICO funds which magically never get seen again.

I see you got a plan for another ICO coin. Whatever happened to Inkwaycoin? Spend all the ICO funds from that already?

Let's try not to let this thread turn away from this coin.  If that guy wants to believe he came up with the idea for snake or rewarding game players with crypto then let him.

I'm curious if there are emulators out there that I can use to run the snake game.  I don't have access to an iOS device but would really like to try and play it.  Has anyone out there used any iOS emulators?

[cointhinkers]

we don't trust ICO .

[KingCaper]

UWallet is available in Google Play

Every few days something new, I'm beginning to like you more and more UCoinTeam!   

[vagabondz]

we don't trust ICO .

it was a 5 BTC ICO

that wouldn't even be enough to cover the costs of hosting an ICO if it were on Bittrex

[KingCaper]

we don't trust ICO .

it was a 5 BTC ICO

that wouldn't even be enough to cover the costs of hosting an ICO if it were on Bittrex

^ This. To complain about an ICO this small when things like BitBay reeled in more than 1000BTC is absolutely ludicrous.