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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 515. (Read 946654 times)

member
Activity: 63
Merit: 10
should we collect some donation and hire some creative folks from fiverr to do some creative videos, i think some of them do it for 5 dollar ...

clearly we're not creative enough (sorry bout that)

i know i'm a newbie but i've been following this coin since before lauch . i hv a few utc (dont hv that crazy hashpower like you guys have) but im okay with that .  Smiley
newbie
Activity: 47
Merit: 0
Look at the order book, 0.58 BTC can drive the price back up to 0.00015, but nobody is doing it.
Seems like buying power is very exhausted in the UTC community. Some one that has a BTC please jump in the buy them all!

PRICE (BTC)    UTC    BTC
0.00012998   92.85960908   0.01206989
0.00012999   61.81759400   0.00803566
0.00013000   117.71925351   0.01530350
0.00013112   298.98740903   0.03920322
0.00014100   50.88230500   0.00717440
0.00014400   11.84134200   0.00170515
0.00014500   124.26835092   0.01801892
0.00014600   384.00000000   0.05606400
0.00014800   905.85532374   0.13406658
0.00014900   1675.71239183   0.24968114
0.00014910   16.28357500   0.00242788
0.00014990   20.00000000   0.00299800
0.00015000   226.78373100   0.03401755
hero member
Activity: 938
Merit: 1000
@halofirebtc
Either way, trade with caution on mintpal. There is money to be made, but ya gotta catch it juuuuuuust right, don't let your emotions get in the way, real cut-throat business here.
full member
Activity: 224
Merit: 100
Watching the MintPal order books is very interesting as well. I know its been pointed out, but somebody is definitely driving the price down, for what reason, I don't know. I can tell you its malicious in intent.

For example, a few buy orders were placed which brought the coin back up to 0.00013498, but you can see that someone was creating small sell orders in between to try and drive it further down as to negate the increase in price. I mean for what other reason would you sell low when the price is going up? There is none aside from primary goal of manipulation.

With that in mind, if this problem can be remedied, perhaps a natural fluctuation in price will resume, hopefully towards the bullish side.
The price manipulation will continue until the bots are banned and that will probably never happen.

I don't think it's bots, they react too slowly to be bots

On the bright side, if you are all right and there is price manipulation down, then there will be a push back up at some point in time.  I doubt they are pushing the price down just so people buy cheap coins. 

Having said that, I'm not sure it's true.  I think this is just people desperate to get out.  The volume isn't even really down since the day we opened, it just looks like it is because we are selling at 1/3 the BTC rate.  With 4 290x running, the coins I mine are worth a whopping 17 dollars a day.  I don't even know who would dump at this rate besides stakeholders as this is literally peanuts. 
member
Activity: 98
Merit: 10
Watching the MintPal order books is very interesting as well. I know its been pointed out, but somebody is definitely driving the price down, for what reason, I don't know. I can tell you its malicious in intent.

For example, a few buy orders were placed which brought the coin back up to 0.00013498, but you can see that someone was creating small sell orders in between to try and drive it further down as to negate the increase in price. I mean for what other reason would you sell low when the price is going up? There is none aside from primary goal of manipulation.

With that in mind, if this problem can be remedied, perhaps a natural fluctuation in price will resume, hopefully towards the bullish side.
The price manipulation will continue until the bots are banned and that will probably never happen.

I don't think it's bots, they react too slowly to be bots
hero member
Activity: 938
Merit: 1000
@halofirebtc
i pointed it out a few days ago. Now that's 4 confirmations that I am aware of.
legendary
Activity: 980
Merit: 1000
Traveling in subspace
Watching the MintPal order books is very interesting as well. I know its been pointed out, but somebody is definitely driving the price down, for what reason, I don't know. I can tell you its malicious in intent.

For example, a few buy orders were placed which brought the coin back up to 0.00013498, but you can see that someone was creating small sell orders in between to try and drive it further down as to negate the increase in price. I mean for what other reason would you sell low when the price is going up? There is none aside from primary goal of manipulation.

With that in mind, if this problem can be remedied, perhaps a natural fluctuation in price will resume, hopefully towards the bullish side.
The price manipulation will continue until the bots are banned and that will probably never happen.
member
Activity: 98
Merit: 10
Watching the MintPal order books is very interesting as well. I know its been pointed out, but somebody is definitely driving the price down, for what reason, I don't know. I can tell you its malicious in intent.

For example, a few buy orders were placed which brought the coin back up to 0.00013498, but you can see that someone was creating small sell orders in between to try and drive it further down as to negate the increase in price. I mean for what other reason would you sell low when the price is going up? There is none aside from primary goal of manipulation.

With that in mind, if this problem can be remedied, perhaps a natural fluctuation in price will resume, hopefully towards the bullish side.

Yes, it's two different players, I traded there a lot yesterday trying to keep the price up back when it was oscillating around 0.00016-8.

And I could see two different big players moving their buy orders around to match mine.

newbie
Activity: 5
Merit: 0
It seems we are at a crucial point for UTC right now.

Even though UTC prices may have been manipulated to the downside, they do reflect the current value of the coin. A big issue now, is the major unprofitability of mining UTC. There is no real incentive for miners to stay, and I predict miners will gradually depart. I am skeptical that once crypto-trade is up and running again, that we will immediately resume trading at .0004+ prices. If we do manage to get back to those historic levels, then I think UTC will be ok. However, if this is not the case, UTC without miners, will have a bleak outlook.

FYI, I respect Bumface and the UTC community, and I will keep on mining UTC until I see crypto-trade fully resume operations again.
hero member
Activity: 684
Merit: 500
Veni. Vidi. Vici.
Watching the MintPal order books is very interesting as well. I know its been pointed out, but somebody is definitely driving the price down, for what reason, I don't know. I can tell you its malicious in intent.

For example, a few buy orders were placed which brought the coin back up to 0.00013498, but you can see that someone was creating small sell orders in between to try and drive it further down as to negate the increase in price. I mean for what other reason would you sell low when the price is going up? There is none aside from primary goal of manipulation.

With that in mind, if this problem can be remedied, perhaps a natural fluctuation in price will resume, hopefully towards the bullish side.
full member
Activity: 174
Merit: 100
xwebnetwork nice site work.
hero member
Activity: 684
Merit: 500
Veni. Vidi. Vici.
will guiminer scrypt work for this?

If I recall correctly, GUIMiner Scrypt stores a copy of CGMINER in one of its folders that it uses to generate profiles to mine scrypt coins. If you simply replaced all of the files in that folder with the Scrypt Jane revision of CGMiner, then it technically should work.
newbie
Activity: 54
Merit: 0
if the coin wasn't completely in mintpal's hands and Crypto-Trade had not tanked the prices with their shit security then it would just be another exchange to do business.

unhappy utc holder atm.
member
Activity: 82
Merit: 10
Its an interesting dynamic to see such inspiring bursts of enthusiasm marred by periods of downtime such as these. We'll blast through nearly 10-15 pages and then things become stagnant, only to be reignited again. I'm wondering how we can keep this fire burning at a nice steady pace. That is the million dollar question for sure. But how? There have been several excellent suggestions but we need to collectively organize them and bring them into fruition.

For starters, I think dcgirl and anonblues hit the nail on the head. What is the coin really meant to do? What is it meant to be? What is its competitive advantage? How can it disrupt such a ecosystem where dedication and loyalty are few and far between?

Obviously the rapid transaction times and ASIC resistance are a huge benefit, but that is not enough. We have a seemingly strong community, but require more involvement from all. And that simply requires posting and sharing and educating the uneducated. Social media is a fantastic outlet for this. I mean, look at the Facebook page. That spurred a lot of excellent activity today. Why can't we emulate that from day to day? People are afraid of things they do not understand. They perceive it as a risk. And, of course, while any crypto is a risk, we can help mitigate that impression by passing on our collective understandings. There is potential here and that should not be put to waste.

Speak up and you shall be heard.

Yeah, ok, but what exactly could the blockchain be made to do, to really make this coin stand out?
member
Activity: 95
Merit: 10
Oh..almost forgot, while i was away i mined doge coin because of N factor change was coming and i would not be able to adjust my miners. My intention now is to turn those doges into UTC and keep my bagholding going. Not giving up yet since i don't mine for a living and have a "Real Job" in my real life...not my crypto life. Sorry for all the miners that do it for a living, even though that wouldnt be a bad job, just too unstable.
hero member
Activity: 684
Merit: 500
Veni. Vidi. Vici.
Its an interesting dynamic to see such inspiring bursts of enthusiasm marred by periods of downtime such as these. We'll blast through nearly 10-15 pages and then things become stagnant, only to be reignited again. I'm wondering how we can keep this fire burning at a nice steady pace. That is the million dollar question for sure. But how? There have been several excellent suggestions but we need to collectively organize them and bring them into fruition.

For starters, I think dcgirl and anonblues hit the nail on the head. What is the coin really meant to do? What is it meant to be? What is its competitive advantage? How can it disrupt such a ecosystem where dedication and loyalty are few and far between?

Obviously the rapid transaction times and ASIC resistance are a huge benefit, but that is not enough. We have a seemingly strong community, but require more involvement from all. And that simply requires posting and sharing and educating the uneducated. Social media is a fantastic outlet for this. I mean, look at the Facebook page. That spurred a lot of excellent activity today. Why can't we emulate that from day to day? People are afraid of things they do not understand. They perceive it as a risk. And, of course, while any crypto is a risk, we can help mitigate that impression by passing on our collective understandings. There is potential here and that should not be put to waste.

Speak up and you shall be heard.
member
Activity: 95
Merit: 10
WTF!!! I leave for vacation for 4 days and the coin went to #%€£¥!!
seriously though, i have been reading through the past post and don't see how Tee shirts or anything else besides a bigger exchange is gonna help this coin. It almost seems like someone (no names mentioned) may have pissed off someone and they are mining this coin just to dump and keep it from going anywhere. Only explanation as to why anyone would be sellng at this rediculously low price. It's not even profitable to mine at this point so someone has to be doing it at a loss. I do believe that if this coin doesn't hit a big exhange soon it will be lost forever since it is harder to mine (more issues on setup) and fewer coins looks less profitable per day to new miners.
newbie
Activity: 39
Merit: 0
Quote

Stop treating whales so bad, soon we gonna get Greenpeace chasing us LOL! These guys are nothing but scumbags, whales my ass...

The prices on this coin are so low at this point, theres really no point to even list it on the exchange, might as well just x out the qt client and ignore it.

i'm holding my coins since i bought them @ .0007, i would mine it but can't afford to buy the equipment at the moment, Nevertheless i am with everyone who supports the coin!

Prices are really stupid @ the moment *sigh*

And Mintpal really sux!
full member
Activity: 168
Merit: 100
Quote

Stop treating whales so bad, soon we gonna get Greenpeace chasing us LOL! These guys are nothing but scumbags, whales my ass...

The prices on this coin are so low at this point, theres really no point to even list it on the exchange, might as well just x out the qt client and ignore it.
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