Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 41. (Read 946599 times)

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

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.

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.

@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

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

I have been on it since day one, Come on Boys and maybe girls let's make the price rise !

why are miners leaving? Please dont close the multipool - it has only been open 3 weeks

I almost fully agree with you, but full PoS isn't a artificial mean of success. Its just the next step of the altcoin evolution IMHO.
And its really ASIC resistent

Yes chrome doesn't work - it didn't last week also. I had to use IE

Hello,

Let me know if more people have this problem!
In Chrome you can go to settings --> Advanced --> Protection phishing / malware then uncheck the box for the download

Regards,
Fabietech

You raise demand by increasing acceptance, without acceptance a currency is useless. Again, look at Doge Coin, it is worth almost nothing in dollar value yet it is widely accepted. Bitcoin is not a PoS coin, other coins are PoS which are successful. It is completely arbitrary to the long term success of the coin. The acceptance and the price of the coin relies completely on the community and businesses that support it. The USD has the advantage of being legal tender, which crypto-currency is against. Without this noone would accept USD by choice. Bitcoin is different as many people chose to use Bitcoin. Bitcoin has the luxury of being the first. What sets Ultracoin apart is going to be the amount of businesses that accept it + the inflation + features. We have many things to look forward to in features, I think the biggest features are ASIC resistance which increases decentralization, speed which should increase vendor and customer acceptance, and community which enables Ultracoin to be used in unique ways such as video game currency. I think right now the
community should focus on broadening the range of businesses that accept Ultracoin through e-mail. Full PoS and other artificial means of success are like trying to build a foundation out of sand. It is not a means to an end.

Had the same issue

it actually does download and saves a chrome extension file - just change the file extension back to .zip - and alls good

True, it will not rise the demand so much, but it will cut down the inflation. --> easier to get some value back

Liberty, WC, Mint etc. dont suffer from PoS, they have the same problem as UTC: no demand.

But I'm sure most of them would be already on LTC Market or just delisted if they would be mineable.

Going full pos isn't the solution, but a step into the right direction IMHO.

just wanted to let you know that chrome doesn't let me download your new wallet because of malware suspicion.

+1 so well articulated

A decade ago, some kid got famous for selling ad space (by the pixel) on his website with his goal of reaching a million dollars.  don't remember the site.  But once it got news tractions, he was able to reach his goal.  this is a dead ripoff of that.  I'm not hating, just kind of jealous someone did something so derivative, and so simple, yet is still making a shitload off of it.  

Just been having a browse and noticed BTER have a voting system for new coins to be added - https://bter.com/voting - are we participating? We need the chinese market. I have requested they add UTC to their list.

Also on bitcoinwisdom they have alot of altcoins now listed but no UTC - can we ask them to add us?

Finally any idea when the big 'super-duper' mining rigs are getting delivered?


EDIT: they have emailed me to say they have added UTC to the voting

I've been looking, but I probably don't know the correct terms. Is there a way to convert the current UTC Net Hashrate and Difficulty to "scrypt" numbers?

Indeed,  what or how you do.... it is never good enough.

Looks like my beloved girlfriend