[ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 675.

PaulR1

sr. member

Activity: 320

Merit: 250

Quote from: bumface on February 12, 2014, 08:20:32 AM

Quote from: PaulR1 on February 12, 2014, 08:06:13 AM

Quote from: ozkraut on February 12, 2014, 06:50:28 AM

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

we are stuck in no mans land on a couple of two bit exchanges which had no volume until UTC arrived. Which one has to be clear about. Right now nobody wants to transfer any btc of note onto the blockchain & there is the ongoing withdrawal issue. So we are stuck in a small pond that just had its access to the ocean cut off. Water is starting to warm and becoming stagnant. A bit like piss. Oxygen is getting lower. Idiots are selling cheap.

We have to get on a better exchange OR at least: how hard is it to create a LTC/UTC pair ? People might still be game moving LTC around which may help a bit. But ultimately we need to get on an exchange with volume - like right now. Or bumface pulls of the deal of the century and gets in on btc-e. Actually I vote for that.

And bloody hold. The miners be gone soon for a while. Then only the bagholders can fk it up

+1

Read my post here i placed yesterday and see the people who also agreed !

---> Again for Bumface a question, who probably sleeps or don't like to give answers:

Dear Bumface, can you give any sort of status update about what you spoke some time ago, that you where in contact with some different trading exchanges to get UTC at there exchange.

Please let everybody know on this forum if you see any seriuos possibility or change to get it at Cryptsy and BTC-E soon ?

Bumface, anyway a answer like "i am busy with it, will inform later" or "I dont know yet" or a "no" is also a answer and is better then keeping silent.

Or do i have to send you 5 UTC for getting a answer Grin

it is very unprofessional to disclose information when negotiations have not yet completed, and highly likely to endanger the very goal you are trying to achieve....

Thank you Bumface for this answer, it is better then silence...

So i "read between the lines" : You are busy with it and we al have to wait a little time.... that is oke for me.

ziggy909

newbie

Activity: 46

Merit: 0

windows wallet and github source updated to version 1.6

checkpoint has been added to secure the network.
get it at http://www.ultracoin.net/wallet.html

bumface

hero member

Activity: 728

Merit: 501

Quote from: PaulR1 on February 12, 2014, 08:06:13 AM

Quote from: ozkraut on February 12, 2014, 06:50:28 AM

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

we are stuck in no mans land on a couple of two bit exchanges which had no volume until UTC arrived. Which one has to be clear about. Right now nobody wants to transfer any btc of note onto the blockchain & there is the ongoing withdrawal issue. So we are stuck in a small pond that just had its access to the ocean cut off. Water is starting to warm and becoming stagnant. A bit like piss. Oxygen is getting lower. Idiots are selling cheap.

We have to get on a better exchange OR at least: how hard is it to create a LTC/UTC pair ? People might still be game moving LTC around which may help a bit. But ultimately we need to get on an exchange with volume - like right now. Or bumface pulls of the deal of the century and gets in on btc-e. Actually I vote for that.

And bloody hold. The miners be gone soon for a while. Then only the bagholders can fk it up

+1

Read my post here i placed yesterday and see the people who also agreed !

---> Again for Bumface a question, who probably sleeps or don't like to give answers:

Dear Bumface, can you give any sort of status update about what you spoke some time ago, that you where in contact with some different trading exchanges to get UTC at there exchange.

Please let everybody know on this forum if you see any seriuos possibility or change to get it at Cryptsy and BTC-E soon ?

Bumface, anyway a answer like "i am busy with it, will inform later" or "I dont know yet" or a "no" is also a answer and is better then keeping silent.

Or do i have to send you 5 UTC for getting a answer Grin

it is very unprofessional to disclose information when negotiations have not yet completed, and highly likely to endanger the very goal you are trying to achieve....

LISSIE

newbie

Activity: 12

Merit: 0

Done https://twitter.com/AlissGuz/status/433588537003212800

UinQjrDovJcZwm4JJBmy52nZxgEGJRDVLG

PaulR1

sr. member

Activity: 320

Merit: 250

Quote from: ozkraut on February 12, 2014, 06:50:28 AM

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

we are stuck in no mans land on a couple of two bit exchanges which had no volume until UTC arrived. Which one has to be clear about. Right now nobody wants to transfer any btc of note onto the blockchain & there is the ongoing withdrawal issue. So we are stuck in a small pond that just had its access to the ocean cut off. Water is starting to warm and becoming stagnant. A bit like piss. Oxygen is getting lower. Idiots are selling cheap.

We have to get on a better exchange OR at least: how hard is it to create a LTC/UTC pair ? People might still be game moving LTC around which may help a bit. But ultimately we need to get on an exchange with volume - like right now. Or bumface pulls of the deal of the century and gets in on btc-e. Actually I vote for that.

And bloody hold. The miners be gone soon for a while. Then only the bagholders can fk it up

+1

Read my post here i placed yesterday and see the people who also agreed !

---> Again for Bumface a question, who probably sleeps or don't like to give answers:

Dear Bumface, can you give any sort of status update about what you spoke some time ago, that you where in contact with some different trading exchanges to get UTC at there exchange.

Please let everybody know on this forum if you see any seriuos possibility or change to get it at Cryptsy and BTC-E soon ?

Bumface, anyway a answer like "i am busy with it, will inform later" or "I dont know yet" or a "no" is also a answer and is better then keeping silent.

Or do i have to send you 5 UTC for getting a answer Grin

derBruchpilotPro

sr. member

Activity: 322

Merit: 250

Can you hear the trolls coming?

MaGNeT comes back as our Captain Hindsight soon I guess.... Roll Eyes

So we should buy all coins up to 0.001 to leave the trolls outside. Wink

cointradero

full member

Activity: 224

Merit: 100

Sadly, you can't shake the fear of the premine until there are significantly more mined coins than premine coins.

Having said that, this is probably more of a combination of a lack of liquidity in moving BTC around right now, distrust of a small exchange for new buyers, a lack of promotion, and maybe a little bit of premine fear.

It's already unprofitable for me to dump it, so I'm not going anywhere for a bit, but most of those complaining need to realize that the hashrate, even with it lower, is still more than 80% of the coins on coinmarketcap. There is significant mining support right now, it is just going to take time to go anywhere else.

I can't stress this enough to the team behind this coin - Give people a compelling reason to invest here. Advertise why we need scrypt-Asic resistant coins for miners that don't have 10K to put down on a rig. Explain how the PoS works - not link to a Wikipedia page that gives you an overview of the concept and has absolutely zero to do with the implementation in this coin. The way you write your PoS explanation makes it sound like 20% of my balance will magically pop up in my wallet in one large lump sum at the end of this year if I just keep it on.

mikesbmw

sr. member

Activity: 338

Merit: 250

Quote from: hmachado on February 12, 2014, 07:05:05 AM

So you think 2 Million Pre-mined UTC's is not much?
Thats odd, since even 200K are enough to crush the market.
Everyone have their own points of view i guess.

If you look at it like that: EVERY pre-mine / stake is to much in an immature market.
That's what this is: immature. Let it mature for a bit and don't go panic selling.

MrMine

newbie

Activity: 7

Merit: 0

Tweet done!

https://twitter.com/HullettUK/status/433572918128160768

UW5ewS9xM4BkfTnnZiq2mCxLmzMzNp8D3u

Thanks :-)

noobyonekenobi

full member

Activity: 154

Merit: 100

inb4...

oops it already started

mikesbmw

sr. member

Activity: 338

Merit: 250

Ah, something else I noticed and this is not normal behaviour.

Look at buy/sell prices. Currently there is a 30%! price difference. Normally that would mean that there would be almost no trades happening or slowely going down on the sell side as well.
That doesn't happen here.

I coul be mistaken, but my guess is that a lot of this is due to people manipulating the market. Which is very easy with these low trade volumes.
My advice: hang in there Grin

hmachado

sr. member

Activity: 279

Merit: 250

Quote from: mikesbmw on February 12, 2014, 06:57:24 AM

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

Why would it die?
Don't be overdramatic.

I've been in crypto's a few months and have seen dozens of "crashes" in several coins.
Latest one I just noticed was Sexcoin. That one even dropped of Coinmarketcap and is now back at 41.

Some coins are really worth very little because they compete at coinwarz to be the easiest minable and have billions of coins with 100's of thousands per day being mined.

This coin really sticks out. It's not that easy to mine, not to many coins.
I think the pre-mine is very small and not a big deal.

So what causes the recent drop? For one there is the BTC problem, but that doesn't account for this huge drop.
There must be some people trying to scare the shit out of the weak handed (and they are pretty successful at it, congrats!).

I've been steadily buying since last night. Started at 87000 (ouch) but kept buying in the falling market, as I always do. Lowest buy was 47000.
And I'm planning on buying some more.

Unless I am VERY wrong about this, this coin will also recover!
If my strategy fails, this will be the very first coin I really lose on. Total invested now: 1,5BTC.

To break this downtrend: don't feed the buyers :-)

So you think 2 Million Pre-mined UTC's is not much?
Thats odd, since even 200K are enough to crush the market.
Everyone have their own points of view i guess.

mikesbmw

sr. member

Activity: 338

Merit: 250

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

Why would it die?
Don't be overdramatic.

I've been in crypto's a few months and have seen dozens of "crashes" in several coins.
Latest one I just noticed was Sexcoin. That one even dropped of Coinmarketcap and is now back at 41.

Some coins are really worth very little because they compete at coinwarz to be the easiest minable and have billions of coins with 100's of thousands per day being mined.

This coin really sticks out. It's not that easy to mine, not to many coins.
I think the pre-mine is very small and not a big deal.

So what causes the recent drop? For one there is the BTC problem, but that doesn't account for this huge drop.
There must be some people trying to scare the shit out of the weak handed (and they are pretty successful at it, congrats!).

I've been steadily buying since last night. Started at 87000 (ouch) but kept buying in the falling market, as I always do. Lowest buy was 47000.
And I'm planning on buying some more.

Unless I am VERY wrong about this, this coin will also recover!
If my strategy fails, this will be the very first coin I really lose on. Total invested now: 1,5BTC.

To break this downtrend: don't feed the buyers :-)

vizique

legendary

Activity: 2435

Merit: 1642

Quote from: bumface on February 12, 2014, 06:45:23 AM

Quote from: vizique on February 12, 2014, 06:41:39 AM

Spreading the love....

https://twitter.com/Vizique
UTC:UVMpmCiAaj3c6fzVbUtBjKz8qEukpkcXcT

your settings are private

Fixed

& retweeted

5 UTC recvd thx

ozkraut

sr. member

Activity: 522

Merit: 266

Quote from: Protagonus on February 12, 2014, 06:27:36 AM

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

we are stuck in no mans land on a couple of two bit exchanges which had no volume until UTC arrived. Which one has to be clear about. Right now nobody wants to transfer any btc of note onto the blockchain & there is the ongoing withdrawal issue. So we are stuck in a small pond that just had its access to the ocean cut off. Water is starting to warm and becoming stagnant. A bit like piss. Oxygen is getting lower. Idiots are selling cheap.

We have to get on a better exchange OR at least: how hard is it to create a LTC/UTC pair ? People might still be game moving LTC around which may help a bit. But ultimately we need to get on an exchange with volume - like right now. Or bumface pulls of the deal of the century and gets in on btc-e. Actually I vote for that.

And bloody hold. The miners be gone soon for a while. Then only the bagholders can fk it up

bumface

hero member

Activity: 728

Merit: 501

Quote from: vizique on February 12, 2014, 06:41:39 AM

Spreading the love....

https://twitter.com/Vizique
UTC:UVMpmCiAaj3c6fzVbUtBjKz8qEukpkcXcT

your settings are private

vizique

legendary

Activity: 2435

Merit: 1642

Spreading the love....

https://twitter.com/Vizique
UTC:UVMpmCiAaj3c6fzVbUtBjKz8qEukpkcXcT

vitadar

newbie

Activity: 7

Merit: 0

It is because serveral bitcoin exchanges have been hacked. And all withdrawals are temporarily disabled. Somebody is trying to crash bitcoin.

Protagonus

full member

Activity: 238

Merit: 100

nice to see the twitter giveaway! I don't do twitter, fb etc. though.

I'm a bit saddened for last 24hrs.

-Largest Drop in value of any coin listed on coinmarketcap
-Market Cap dropped 50% in a bit over a day
-Hash rate down 35%
-Cap now under copperlark? going by crypto-trade price.
-USD value down 60% from peak!?
-dropped 10 slots in marketcap

Average drop for all crypto last 24hrs 5-8%. 15% of coins listed on marketcap went up.

I hope this doesn't die as it seems.....

pieterjanvh

hero member

Activity: 668

Merit: 500

Quote from: ozkraut on February 12, 2014, 12:38:53 AM

For those on linux and that can't be bothered / can't patch & compile cgminer for scrypt-jane support:

I have done it last week, contails all the required libraries eg ATI etc. Works successfully, been stable for days. Running it on BAMT 1.3 from separate folder than sgminer. Just make sure you stop your mining sessions on bamt before kicking off cgminer from the commandline

1. download my compiled version (all source / libraries in the zip and no I haven't been malicious eg I am just trying to support the coin as much as I can)
https://mega.co.nz/#!A1YUCDCa!aI7DmQ-WEVwgsdHxc_h1Ewe2L9SloGuNMkpRpgAPRsI

2. unzip
3. Create account / workers / pool whatever you need to do
4. Execute the following shell commands (timings below etc for R9 280X +- 570kh - mining UTC ie mod as required) from within /cgminer-build/cgminer-3.7.2 folder (or write a script):

export DISPLAY=:0
export GPU_USE_SYNC_OBJECTS=1
export GPU_MAX_ALLOC_PERCENT=100
./cgminer --scrypt-jane --sj-nfmin 4 --sj-nfmax 30 --sj-time 1388361600 -o stratum+tcp://xxxx:3333 -u xxx.1 -p xxx -I 13 -w 256 -g 2 --lookup-gap 2 --gpu-fan 30-75 --temp-cutoff 90 --temp-target 72 --temp-overheat 85 --thread-concurrency 8191 -Q 0 -E 10 --no-submit-stale --gpu-engine 1065 --gpu-memclock 1500

6. Should be up and running hashing away on Scrypt-Jane (hopefully UTC)

I tested this and its working. Thanks a lot for this Wink

Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 675. (Read 946654 times)