Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 487. (Read 946654 times)

But what are those more profitable coins?

changing the POS to a month's time versus a year with a sliding-scaled dividend or interest depending how long it's been staked and how much UTC in wallet for POS, would help dramatically. One setting (size) does not fit all.

ASIC resistance does nothing to promote the coin. So what if only CPU's can mine utc? The feature has same results as other scrypt coins as difficulty goes up, but with only CPU's mining, it hurts the coin even more, especially with the arguement people have "we need more miners". I believe n-factor and difficulty are the one and same, just two different ways of accomplishing the same thing. If an asic were to mine, diff goes up, less coins for all. If a million cpu's mine utc, diff goes up, less coins for all. Same thing, different duck, but they both quack. Either way, more coins = price drops. More buyers = price increase. But buyers need reasons to buy the coin.

More miners is not the answer. Basic supply and demand, 5th grade economics. Have you all been watching the FED's actions for the last 5 years? The attitude: just throw more money at the problem. Did it fix the problem? No, just paused it. It did save the world from financial collapse, but once the FED slowed pumping money into the banks, the economy's reacting negatively again. So by miners throwing more coins into the market, how is that ever going to help the price with the lack of demand? In that respect, this early n-factor crap is good for the coin to slow the production, but its not working.

Twitter, Facebook, promo's and giveaways help keep UTC being talked about, but it's not going to help move the coin where we all want it to be. we are just doing the same damn things every other coin is doing. WHAT CAN WE DO TO GET UTC ITS' UNIQUE-NESS?

Publicity isn't going to help. ACTION WILL HELP. maybe should give some of the premine to the Red Cross or ASPCA or meals on wheels or a million other organizations. Kidding of course, but my idea remains: let's do something with the coin that no one else has AND get merchants, before the other coins beat us to it, then we are out of options.

Reminder, there's still this song contest:
http://forum.ultracoin.net/viewtopic.php?f=3&t=22

U can earn 800 UTC by writing two songs, which for creative minds shouldn't take to long!
Easy money and spreading the music would be great for UTC.

I've been mining utc for a bout a week now and love utc as a coin.. However I think some of you with the idea of mining more profitable coins and then buying utc to help increase its value is great..

I would be happy to switch coins for a bit and dump another coin to buy utc..

I have (2) 280x cards and (3) 270 cards.. can anyone recommend what coin to mine?

hehe Cryptsy tweets just went mad on me  

I sent 100 UTC last night.. signed up just to say
Transaction iD

e580aaf9408d24a0c5247d3f97ff4f4c5fda5b91c82771edda64011ea0d9523a

Alright, so where do we stand on this Facebook promo? Have we all decided on the final specifications and terms regarding the giveaway? I've been experimenting with paid adverts ($20 here and there) and the value is pretty good. We could make the post and then promote it heavily.

Anyways, not going to do it until we are all ready and have confirmed the details.

@dcgirl

I would like to hear from them as well. It'd be Ziggy as he was the dev, though.

Any updates on this "good news"? We need some right now.

Also - still waiting on updates from Bumface/Ziggy about whether there is a reason we aren't on Cryptsy, and whether they would consider changing the POS/n-Factor scheme on UTC.

done!

Done!

+1
this could be great

This guy is writing a book about alt-coins. Let's vote for UTC to be mentioned.
You never know, it might be a best seller .
https://bitcointalksearch.org/topic/cryptocurrency-the-alt-ernative-beginners-reference-book-483187

Ok thanks.

Was wondering if there was a way to check and see if it accurately copied the coins along with the file.

One way I guess.  Load a new wallet onto another PC or a different user.  Put your backup .dat into the %appdata% ultracoin file and load the wallet.  It should show same balance.

not sure what u mean. it has time stamp like all other files on your computer.

Is there a way to check the .dat file for accuracy?
Thanks

copy your wallet.dat file to flash drive, or send it to yourself via email. you could set up an email account solely for wallet.dat files so no one would ever know.....

What is the best way to back up UTC wallet? How do you back it up? And what type of storage is best to put it on?
Putting mine in cold storage for a while.
Thanks

Fairpoint I'll open a new thread on the Ultracoin forum - http://forum.ultracoin.net/

KC