What do you guys want Bumface to do, magically make the price jump to 0.0001 again. These things take time, the coin is still new. Everyone was expecting a quick profit. Dont get me wrong i wouldnt mind a nice profit now, but it doesnt work like that.
All that you are doing by complaining on this thread and saying your dumping and giving up on UTC, is making other people negative too. If you want to give up just quietly dissapear.
And for people that complain about losing money, never invest what you cannot afford to lose. Im gonna stay on UTC long term because i beleive this coin has a future.
And also if you complain about making a loss, its your own fault for selling at this crazy low prices.
As long as i have UTC in my wallet i have not made a loss
Here is my suggestion.
Miners are NOT the bad guys. You need Miners mining your coin or it turns to shit (no volume, no one buying, just dumping).
UTC is on enough "good" exchanges.
Now the thing with miners is that they don't give a shit about your coin. They only care about immediate profit. If their daily electricity cost is $1 and they make $1.10 mining your coin, they'll do it. Now, if another coin makes them $1.30 then guess what. They'll do it. Like I said, they do not care about your coin or community.
But like I said, miners are NOT the bad guys. It costs them money to mine and they are in turn part of the UTC network which keeps it nice and decentralized, provides proof of work so you get your nice confirmations... So you can get coins in the first place!
If you want UTC to rise, do the following:
- Point all your miners to UTC. Some big time miner whales need to do this. Be prepared to not make as much profit as you do mining other coins.
- Sell all your other coins and buy UTC.
- Offer me something at a good price that I can buy for UTC.
For example, someone offer this shirt for 50 UTC and I'll buy it (size large please):
http://www.51attack.com/shop/moon-t-shirt/Not a fair deal you say? Well at if UTC was $1 then I'm paying $50 for a $20 shirt. That's more than double. Still a bad deal? And you expect UTC to go back to $1 or reach $5 or $10? Well if you do, then get me a shirt. I'm totally serious. I have over 1000+ UTC sitting around doing nothing that I can't do anything with except watch it devalue because guess what?
Why is it devaluing? Because no one is mining and which means volume is low, and so on and so forth.
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