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Topic: [ANN] #3 [XUN] UltraNote is READY, Everyone is welcome to mine. - page 43. (Read 55874 times)

newbie
Activity: 7
Merit: 0
Seems like there are some folks that are super disappointed the initial exchange listing didn't have a huge price so they could dump - some points to remember

IMO the problem right now isn't the sell price, its that he buy/trade volume on the exchange is very small (less than .2 BTC, 2000 USD). That volume isn't going to magically go up by miners asking for higher price. I don't think the above is a flaw of this coin, but the coin is only 30 days old and needs promotion. The devs cannot do this alone - we need community help. Folks are going to need to have some patience and help on promo.
member
Activity: 70
Merit: 10
What do you think, how much will the price increase  after adding to the stock exchange? Some coins are several times higher in value after listing.
member
Activity: 154
Merit: 10
I think the devs team must do something to promote the development of the coins, especially the price.
Only if they meet the profitability of the miner, they want to mine your coins
newbie
Activity: 68
Merit: 0
Prove to us, miners, that higher reward per month is better, and you would get more happy miners.
First of all, I am a XUN miner and I do not need you to speak for me. So please do yourself a favour and dont presume the right to speak for all miners. Thank you.
Secondly, some of your concerns are valid but in my opinion the method of delivery could use some improvement to make your point more clear and credible.
Finally, investments are always risks. A coin is like a product and like any product I can choose to purchase/participate and accept the risk or not. Take it or leave it.

One thing I personally would not do is assume the arrogance of thinking that I would tell the producers of their product in how to make their product and expect that they are entitled to do what I say just because I say so - because that is the impression I have from your multiple comments.

Now if I do speak for myself, this adaptive reward is something that may work and may not. It could be something that sets this coin apart and prove successful. Who knows? Maybe people today frown upon it since it may be deemed as too disruptive and unorthodox but if it worked and proved a big success then it could be used as a showcase for future coins? I'm certainly giving XUN a chance and support it whilst hedging my bets so I invest in a diverse portfolio with the knowledge that some may work and some not. Such is life.

Heres to hoping XUN is the former Smiley
full member
Activity: 400
Merit: 100
I have already answered this question so please stop repeating yourself. You are now flooding and spamming the ANN post. If you have suggestions please post them to our forum at https://forum.ultranote.org

One last question...

Do you have any table and calculations that shows that price will go up or be the same if you increase the reward from 150 to 1500 ?

Why this you consider beeing a good feature, to increase reward ? You give more coins to the people. Do you have any supposition that number of the miners and diff is the same ? If I own now 150 and tomorrow I find a block of 1500 I could dump them asp for the day price. So the others. Then price would go down.

What calculations make you think that from 150 to 1500 makes more money to those who got them ?

Prove to us, miners, that higher reward per month is better, and you would get more happy miners.
full member
Activity: 400
Merit: 100
Thank you, We will keep it up and we will take this coin to higher limits.

For the Nicehash, We have notified pools owners that it's not allwed to support it and we are not supporting it on our pool.
Any pool will run Nicehash will be blocked from connecting to the seeds or the explorer.

You say dev team have dumped coins. I would like to tell you that devs don't have coins to dump. If we want to dump coins we could simply have started an ICO and sold the coins. As you can see on our explorer 99%+ of the coins are locked inside the network. http://explorer.ultranote.org/

The coin is only 1 month old and been listed on exchange for 3 days only. So it's not wise to valuate it from this corner only.
UltraNote is doing much better than other coins which have been in market since 2012 and we are happy to see this result.


Features and price attracts miners, not the count of the coins. I don't want 1500 coins worth less than 150 coins.
if the price don't increase over 100 satoshi you will see is because of reward increment and deceptive ann.

Eh, maybe I am wrong. I like your deposit feature and chat. Keep up your work and see you on the moon!
full member
Activity: 400
Merit: 100
Ok, you have made your point, Thank you for your advice.
You are free to hold your 30k coins or sell them and leave us. We will be sad to see you leaving.

Who says I am not happy with the other coins ? I am happy so far. For your coin I am not happy.

Make this 150 real constant and all 100+ miners would be happy. I may be one of them.

You don't like me beeing negative, I am just miner with an opinion and wanted to see this coin better. But, reading lately from you, I dont know. Price will show.

You know what you do with XUN ? Deceptive ANN. Your coin is like shaft. When dev dumped coins in november, the coin from 600 satoshi went to 25. And stays there.

Your coin is 35 (up to 50) because you intend to increase block reward. Just like a dump that will take 2 years.

Imagine, I was happy with this coin the day I found it. Bought, start mining. But when I heard it will got 1500 block rewards, pulled me back. Just me? Maybe. Maybe not. Wallet and deposit and msg. All nice. But block reward increase ? a 35 satoshi coin at such stage.

when NICEHASHers enter the game, no matter how much is reward, if your miners are not over 2MH is the same with any reward. But those NHers will get massive rewards. By the time blocks recover, they will enter the game again.

as higher is the reward, as much is the dump and price will go lower.
full member
Activity: 400
Merit: 100
I was reading your previus posts and you seem to be unhappy with the most coins you are invisting in. I would suggest you start your own coin and leave the other coins.

Please specially leave future price prediction.

This post is for meaningful comments and support.

You are free to sell your coins and leave because we don't need negative people.

Later on the road you won't be able to recover. You restarted already this coin few times. Introducing this reward increment, when logic says to decrease increment or keep it there, this coin will lose credibility.

With such thinking from devs this coin won't get pass of 0.00000050. When reach 50 I may sell mine, while in profit. This coin will die with all these 100+ miners.
full member
Activity: 400
Merit: 100
Typo is fixed, But as SkrillX said. We don't understand your concern.

Now we have 100 miners sharing 150 coins per block reward so each miner will receive 1.5 coins. After 1 year we have 1000 miners who also share a block reward of 1500 coins this will give each miner 1.5 coins

So if you think after 1 year miners will remain 100 miners and block reward will be 1500 coins, then I must say you have a limited thinking.


Made a poll for miners:

http://www.easypolls.net/poll.html?p=5a25423ae4b055c80d623add

REMOVE XUN REWARD INCREMENT TODAY

- make only 150 100%
- use 150+ and inflation 0%
- I don't care, I stopped mining 0%

Please vote if you mine this.
newbie
Activity: 13
Merit: 0

Question:

Block reward: 150 XUN constant or will increase ? If reward will increase that means difficulty will NOT increase and price will NEVER increase. Price will always be the same and you will mine just for the money and DUMP... seeing this ANN makes me understand that never can expect from speculation and price increment.

How it is after all, ann seems in the dark and deceptive. I bought, I would mine, but, but if you increase reward next month, this is wrong.

When there is difficulty and less coin, but there is demand, price increases, as I know. To mine this just for the money is not worth it.

If I knew that you are having in code reward increment which no other coins as I know has, this is making me dump this when double. And mine other coin with future.

REMOVE REWARD INCREMENT, CLEAR THE ANN.

Don't you think with reward higher sometimes, when there is low diff, the others will get more coins than previous and this is wrong.

I like deposit function, this is why I get this coin, but REWARD INCREMENT seriously pulls me back.  Undecided

You said 2 years.  This is too much. A coin can grow in 6 months or less, but with this ANN don't think so.

Do you consider remove REWARD INCREMENT this week ? This is maybe a community will. If you want to grow and get more miners you should listen to community.

Thank you for mining and also buying XUN.

I'm not sure I understand everything you are saying in your points.

We do appreciate interaction and input. Please remember UltraNote is in the very early days and have only just become listed on an exchange. We need to monitor carefully before making changes to approach.
newbie
Activity: 13
Merit: 0
Good sense when it comes for money ?  Huh

How many people in the dev team, how many devs and in the marketing ?

Hi, we have 8 in the dev team. All of us have input into development process in one way or another and we are all active in marketing and engagement.
newbie
Activity: 75
Merit: 0
3Dec 2017
2nd day on exchange
24hr Volume: 428,398 XUN
SELL ORDERS Total: 426,883 XUN
https://i.imgur.com/QZK6VKf.png
jr. member
Activity: 183
Merit: 2
Bounty and airdrops =  dumps and low prices.

I don't see ETN and ETH team giving away free! Why do you give people free coins to dump ? This is not advertisement, airdrop and bounty = death of the coin, price is going down now. Keep the price and pay for advertisement.

Increase the price and pay for more exchanges.

Dont worry we did not give too much.. we will be supporting the price and since this is  price situation is just short term it will pick up very soon Smiley

We believed in people and still believe in people good sense... Some awesome community members proved themselves to be loyal while others just said stuffs to please XUN members to get what they wanted. Since price is low load up and clear this sales book the price will pick up again and everybody who holds will be rewarded. Good stuffs are cooking for the future. patience is key some people do not have patience this is why they are short minded and do not go very far
Cheers and thanks again for believing in XUN and being part of this.
The Dev team is working as usual to match the best for the community.
full member
Activity: 210
Merit: 101
Does it suddenly become heavier when big hashpower user enters?
General users can not get coins.
we are mining in the meantime.
power consumption is wasted.
Will not it be environmentally friendly mining?
Fortunately it is using the least power algorithm(cryptonight).

The virtual currency is using too much electricity.
It will be a problem in the near future.


May be true, may be wrong
But majority will always be true
newbie
Activity: 75
Merit: 0
Deep Speculation – Monero (XMR) competitor Ultranote (XUN) listed on Stocks.Exchange

https://oracletimes.com/deep-speculation-monero-xmr-competitor-ultranote-xun-listed-on-stocks-exchange/
newbie
Activity: 68
Merit: 0
Does it suddenly become heavier when big hashpower user enters?
General users can not get coins.
we are mining in the meantime.
power consumption is wasted.
Will not it be environmentally friendly mining?
Fortunately it is using the least power algorithm(cryptonight).

The virtual currency is using too much electricity.
It will be a problem in the near future.
full member
Activity: 294
Merit: 100
The topic for now is quite in demand, but how long is it for?
newbie
Activity: 68
Merit: 0
Many thanks to all XUN supporters who trusted us and believed in the project. We do really appreciate your support.

The market is now open for you and there is no one competing you on your coins.

There is about 4M coins total in circulation to be traded, and as we promised the 18 billion coins will not reach the market and they will remain locked.

Take care of this baby and make it grow.

The only problem is that people are tripping over themselves to dump their mining profits at the lowest possible price, completely destroying the value of the currency in the process. I'll wait until a better exchange opens, since this one seems to be in its own little world with the prices of other currencies; not to mention the insane withdrawal fees. 200k Satoshis to withdraw BTC. So basically if you have 1000 XUN and sell them at the market price (currently ~50sat) you're 1/4 of the way to paying a withdrawal fee, and 1/10th of the way to the minimum withdrawal amount. My hopes for this project were higher than that. If this is a preview of what's to come, I might as well ready myself to be underwhelmed.
So you blame the devs of a project for the terms and conditions of one separately independent exchange? Like the project devs have influence over it? Get real. Instead of being glad that the coin is even listed for you to exchange on after such a short period (with surely more to come in terms of diversity), you get ready to be underwhelmed. Leaves much to be desired.
At what point did I assign blame to the devs for anything? I merely stated my views on the current situation as it exists.  Maybe you can put your fanboy flamethrower away for a while and allow an objective opinion that doesn't wear sunshine and rainbow blinders. I'm just saying that if the people who spent their time mining this coin from launch to listing could have a little more patience, then it would be worth way more than 50sats a piece. I'm more disappointed in the exchange and the community than the devs, by far.
Fair enough. I guess your previous statement of "My hopes for this project were higher than that." threw me off your apparent argument of the exchange and not the PROJECT ie devs. Maybe articulate that a bit better? One could say that I was also providing my own objective opinion. To each their own, eh? Nevermind. Otherwise on all remaining points we are in agreement.
An observation: Isnt it interesting that when one defends something then they are immediately labelled fanboys? Sigh.

I apologize for my failure to articulate my thoughts on the project more clearly. I had (and still do have) high hopes for this project as a global cryptocurrency solution that cannot be provided by Bitcoin (or any of it's 21M coin derivatives) in the future. I admit that my disappointment at the current situation does stem from a little bit of greed. It's always nice to make a quick buck at the launch of a project. I'll be mining this for the long-term benefits though.
Apology accepted and I share your disappointment at the way some early miners are reducing the price on the one exchange. My hopes are that with a second and third exchange that the initial dump would have played out somewhat. With the exchange diversity would come stabilization and, from there on, price increase and strength. I'm on a hold and also in it for the long run. I do have high hopes and I am a supporter of this coin (but it a blind sunshine and rainbows fanboy maketh me not ;-))
member
Activity: 79
Merit: 10
Rainbow Lite Dev
Wow already on exchange and 32 bit wallet way ahead of schedule tempted as i am to dump before holidays i believe this one has wings and am holding stong i see KRB prices in the next 6mo for XUN 1-2 USD. keep it up!

Xun3kNtPcTkAyBAf3uzsTrXRQLxeMNsYTVQ5YTTa7XSUNrMxKbrCa8EUG9Hq9x2yps7UkKC45aJok97 ESqDMsthn6PorZ99r4W

full member
Activity: 412
Merit: 100
Que sera sera
Added pool for Asia Pacific region:

http://ultranote.cryptonight.me/


Min payment 10XUN, starting with low fees.
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