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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 481. (Read 946654 times)

hero member
Activity: 776
Merit: 557
Another OT post - anyone else trading aurora? Last night I thought the price would drop overnight and it ended up doubling. Wondering what to do tonight. It wouldn't surprise me to see it a .25 btc (or higher) - although it could as easily drop down to .025.

Yep, already tripled 2.5x the investment

Me too!  Like I said I tried to add buy support for utc, but re-thinking that strategy.  
I think we r in this limbo with the price until crypto-trade is back up. Then hopefully the buy support will be restored and we will go back up to at least 0.0004
full member
Activity: 238
Merit: 100
From the last few posts ziggy made.

good to see people getting the word out, don't forget to mention our asic-resistancy.
at this rate we're going to open at $5 on next exchange!(not disclosing which one of course)

Any news on this by chance?

Also,

gearing up for a wallet update tomorrow, and some giveaways.
i'm also happy to announce that a UTC-based gambling site is in the works.

Any news on the gambling site?
 I know that's been mentioned recently with promotional aspects.  I remembered that someone posted gambling coming.

This could be towards Ziggy or Bumface I suppose
member
Activity: 96
Merit: 10
Another OT post - anyone else trading aurora? Last night I thought the price would drop overnight and it ended up doubling. Wondering what to do tonight. It wouldn't surprise me to see it a .25 btc (or higher) - although it could as easily drop down to .025.

Yep, already tripled 2.5x the investment

Me too!  Like I said I tried to add buy support for utc, but re-thinking that strategy.  

It's a shame to, because other coins are getting destroyed by multipools.  Multipools drive out all of the small miners hoping for a decent payday.
UTC is one that the multipools will probably never mess with because of scrypt-jane and the changing nfactor.
This is definitely one of the things that separates UTC and needs to be shouted out.
I think there are plenty of miners that are really put off by the ever growing multipools.
hero member
Activity: 938
Merit: 1000
@halofirebtc
yep i almost doubled mine, then sold at wrong price due to stylus/tablet error. pretty much gained only 25% at this point.
member
Activity: 98
Merit: 10
Another OT post - anyone else trading aurora? Last night I thought the price would drop overnight and it ended up doubling. Wondering what to do tonight. It wouldn't surprise me to see it a .25 btc (or higher) - although it could as easily drop down to .025.

Yep, already tripled 2.5x the investment
sr. member
Activity: 448
Merit: 250
Another OT post - anyone else trading aurora? Last night I thought the price would drop overnight and it ended up doubling. Wondering what to do tonight. It wouldn't surprise me to see it a .25 btc (or higher) - although it could as easily drop down to .025.
member
Activity: 96
Merit: 10
Also, about UTC+Mintpal, I think the two whales/bots are doing us a favour and helping keep the price stable.
Still holding in the 0.00012-14 range.


Yesterday I also asked cdev from CT about re-opening date, there's nothing official atm, it could very well take 3 weeks

About MintPal - you might be right but they sure screwed things up for little traders like me Sad


Yeah, dcgirl I got screwed as well.  I've moved to mining other coins to try to provide buy support for UTC.  It started well this morning, the buy wall was being built, and then got dumped on and no more support came.  I know I wasn't the only one in the buy wall, but after getting dumped on, it sure felt like I was fighting an uphill battle by myself.  Starting to re-think continued buying of UTC for now.  Someone wants to play games and just manipulate the hell out of the price to make a few pennies.  I might as well go join a multipool and set it and forget it.   Sad
sr. member
Activity: 275
Merit: 250


Come on and wake up girl…[/b]

This one falls under "choose which battle to fight" and I am not in the mood to fight that battle tonight.

Face it - we're on our own here, guys.

...Do I understand you right.

Do you say we are on our own to make UTC successful and we cannot expect serious help from our  DEV Huh

You're trolling as you already know that's what's being said.  It's not that it can't be expected, it's that we're better off not expecting at this point in time.  

No trolling, just search for confirmation....

But anyway very sad to here what dcgirl tells, she is sombody who give so much time and help for UTC....
hero member
Activity: 938
Merit: 1000
@halofirebtc
dcgirl, perhaps making UTC wallet app is the first step? Idk if there is one, I doubt it, though. people will need mobile utc wallets to buy things Wink
full member
Activity: 238
Merit: 100

*On the stuff with a market.  I'm not sure what Doge has done;  but payment processing is the hardest part of a retail store utilizing any crypto.  Any store that uses BTC goes via coinbase, not an exchange.  We may first need a licensed payment processor.  


On this one, I'm trying to think it through. There may be a way to achieve payments without being a payment processor, and instead serving as an escrow agent, especially if the store is more of a "middleman". I'd be curious to hear what others think. If instituted this way, then price is determined at time of sale. I need to really think about it and draw something up. A lot depends on the kind of store - to be a retail store like dogestore, you would have to interact with suppliers. But if it were more of a "user sells his stuff" store, performing escrow might work well, as no fiat would ever have to be exchanged.


Yes, without a processor, some middleman (store front) will front the risk of any purchases.  For product acquisition, that could be tougher; depending on the method.  Any electronics, generally require quarterly purchasing agreements to get any price breaks.  Larger corporations or distributors of products look for similar requirements.  
   However, there may be products purchasable in smaller quantities via foreign sources or ebay (heh).  Also, as was mentioned (I believe by halofire).  Purchases could be done on a "per order" basis;  but again, may induce higher risk to the merchant.  



Coinpayments.net create a checkout system that's easily intergratable. In the last round of votes to get added we only got 2. But next month we should all vote everyday so they create a ultracoin checkout system

Ye I saw we missed the voting for that.   Sad

Edit:


Gold is a store of wealth, you are saying crypto is more like gold as a commodity than as a currency.  ...... -snip-

Yes I'm one of those that believes crypto has more of a commodity future.  Even with stores, BTC still fits more of this definition.   But I do think, if crypto succeeds; that there will be more currency types.  
sr. member
Activity: 448
Merit: 250
You can hire someone if you want, or it could be community owned. I am capable of developing a store, but if I did, I would retain ownership of it (unless compensated for development). (I own a software development company)

Wow. I'm liking what I see! We are happy for you to create the store and own it.
or if you need/want donations, maybe it can be partially owned by those who invest. (like stocks)

Do you make mobile apps also?

Some ideas for the store:
1. Have an option to buy UTC at current exchange price with fiat within the store. (Makes UTC more accessible)
2. Buy/sell goods within the store is all done with UTC.
3. Escrow-like service would be good. But I wouldn't want it to be compulsory. An option to use it would be better.
4. Escrow-like service for buying other crypto would be good. (like a market to buy coins instead of using an exchange)

I do make mobile apps, ios and android.
full member
Activity: 224
Merit: 100


Come on and wake up girl…[/b]

This one falls under "choose which battle to fight" and I am not in the mood to fight that battle tonight.

Face it - we're on our own here, guys.

...Do I understand you right.

Do you say we are on our own to make UTC successful and we cannot expect serious help from our  DEV Huh

You're trolling as you already know that's what's being said.  It's not that it can't be expected, it's that we're better off not expecting at this point in time.  
sr. member
Activity: 448
Merit: 250


Come on and wake up girl…[/b]

This one falls under "choose which battle to fight" and I am not in the mood to fight that battle tonight.

Face it - we're on our own here, guys.

...Do I understand you right.

Do you say we are on our own to make UTC successful and we cannot expect serious help from our  DEV Huh

I'm not the person to ask that question. I'm just saying that I'm not expecting help from them.
legendary
Activity: 1638
Merit: 1011
jakiman is back!
You can hire someone if you want, or it could be community owned. I am capable of developing a store, but if I did, I would retain ownership of it (unless compensated for development). (I own a software development company)

Wow. I'm liking what I see! We are happy for you to create the store and own it.
or if you need/want donations, maybe it can be partially owned by those who invest. (like stocks)

Do you make mobile apps also?

Some ideas for the store:
1. Have an option to buy UTC at current exchange price with fiat within the store. (Makes UTC more accessible)
2. Buy/sell goods within the store is all done with UTC.
3. Escrow-like service would be good. But I wouldn't want it to be compulsory. An option to use it would be better.
4. Escrow-like service for buying other crypto would be good. (like a market to buy coins instead of using an exchange)
hero member
Activity: 776
Merit: 557

*On the stuff with a market.  I'm not sure what Doge has done;  but payment processing is the hardest part of a retail store utilizing any crypto.  Any store that uses BTC goes via coinbase, not an exchange.  We may first need a licensed payment processor.  


On this one, I'm trying to think it through. There may be a way to achieve payments without being a payment processor, and instead serving as an escrow agent, especially if the store is more of a "middleman". I'd be curious to hear what others think. If instituted this way, then price is determined at time of sale. I need to really think about it and draw something up. A lot depends on the kind of store - to be a retail store like dogestore, you would have to interact with suppliers. But if it were more of a "user sells his stuff" store, performing escrow might work well, as no fiat would ever have to be exchanged.
Coinpayments.net create a checkout system that's easily intergratable. In the last round of votes to get added we only got 2. But next month we should all vote everyday so they create a ultracoin checkout system
hero member
Activity: 938
Merit: 1000
@halofirebtc
*On the stuff with a market.  I'm not sure what Doge has done;  but payment processing is the hardest part of a retail store utilizing any crypto.  Any store that uses BTC goes via coinbase, not an exchange.  We may first need a licensed payment processor.  

*Some of the utility complaints we have here, still apply to LTC after 2 years though.  No place to spend, no payment processors, etc.  However, I'm with DCgirl in more promoting Crypto's as a store of value for a general function.  


Gold is a store of wealth, you are saying crypto is more like gold as a commodity than as a currency. Not too many people can afford to invest in themselves, let alone hock money up for a rainy day or nest egg. But people can spend money allllll day long and not think twice about it. There are more spenders than savers. UTC to spend as currency, or to invest as hedge. Both are correct. But if you only appeal to hedgers, crypto circulation slows down. Spending the coin keeps the economies going. where do ya draw the line?
sr. member
Activity: 275
Merit: 250


Come on and wake up girl…[/b]

This one falls under "choose which battle to fight" and I am not in the mood to fight that battle tonight.

Face it - we're on our own here, guys.

...Do I understand you right.

Do you say we are on our own to make UTC successful and we cannot expect serious help from our  DEV Huh
full member
Activity: 224
Merit: 100

A fellow research engineering comrade.  What area?

Well I've dealt in a few areas I suppose.  One of the companies I worked for had me bounce to all sorts of concepts.  typically have dealt in electronics, physics or chemistry.  Dealt with everything from closed marine ecosystems to chemical precious metal extraction.   Other arenas were related to propulsion and energy production.  Grin 

I started in alloy development but mainly do IP management and analytical characterization of said alloys now.   
full member
Activity: 238
Merit: 100

A fellow research engineering comrade.  What area?

Well I've dealt in a few areas I suppose.  One of the companies I worked for had me bounce to all sorts of concepts.  typically have dealt in electronics, physics or chemistry.  Dealt with everything from closed marine ecosystems to chemical precious metal extraction.   Other arenas were related to propulsion and energy production.  Grin 
sr. member
Activity: 448
Merit: 250


Come on and wake up girl…[/b]

This one falls under "choose which battle to fight" and I am not in the mood to fight that battle tonight.

Face it - we're on our own here, guys.
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