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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 734. (Read 946654 times)

full member
Activity: 140
Merit: 100
Rich rich rich, we be will rich on Feb 7 onward. Don't stop Mining Cheesy
member
Activity: 98
Merit: 10
This coin isnt even profitable to mine anymore. Congrats on that truly enormous premine.
It STILL is profitable, but I don't know for how long still, price is dropping pretty fast.




How much was the premine btw?
legendary
Activity: 896
Merit: 1000
This coin isnt even profitable to mine anymore. Congrats on that truly enormous premine.
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
Taken in a vacuum you would almost tend to sympathize with the crocodile tears being shed by the dev for his moderation efforts.

You have to realize however, for the ones complaining about the deleted posts, this is a mode of operation that they have become used to through the running of their own site. At Btc-e they host a chat that is strictly monitored. Any mention of specific coins that they dislike,  like Doge, or sites they dislike like Cryptsy most often leads to a ban of a week or more. They shroud this in not wanting talk of competing coins, but the moderation really only applies to the few pet peaves that they have, and an occasional 1 hour ban for others to add believability. Their default behavior is to censor so that their own propaganda can be heard above all else. It seems that the real solution would be to start other threads that they can't delete the posts on. Negative press is negative press, and if you have 100 threads screaming about the failure of the coin, its much more effective then posts 100 pages into the announcement.

The real irony is that they rail against Doge in particular for being premined, and a joke. Then at the same time they release a premined coin. Whatever the basis of that premine is. I don't really feel that a pre-mine is a horrible thing. All currency is pre-mined, I can't be mad that Joe Bob got ahead i the game, when he got there first. As long as there is 'enough' fairness, thats all there really needs to be. Still, there is some real hypocrisy involved here when they consistently deride other coins premine, and then one of their own releases a coin that so loudly touts its use of that tool.

Very well said. +1
member
Activity: 66
Merit: 10
Taken in a vacuum you would almost tend to sympathize with the crocodile tears being shed by the dev for his moderation efforts.

You have to realize however, for the ones complaining about the deleted posts, this is a mode of operation that they have become used to through the running of their own site. At Btc-e they host a chat that is strictly monitored. Any mention of specific coins that they dislike,  like Doge, or sites they dislike like Cryptsy most often leads to a ban of a week or more. They shroud this in not wanting talk of competing coins, but the moderation really only applies to the few pet peaves that they have, and an occasional 1 hour ban for others to add believability. Their default behavior is to censor so that their own propaganda can be heard above all else. It seems that the real solution would be to start other threads that they can't delete the posts on. Negative press is negative press, and if you have 100 threads screaming about the failure of the coin, its much more effective then posts 100 pages into the announcement.

The real irony is that they rail against Doge in particular for being premined, and a joke. Then at the same time they release a premined coin. Whatever the basis of that premine is. I don't really feel that a pre-mine is a horrible thing. All currency is pre-mined, I can't be mad that Joe Bob got ahead i the game, when he got there first. As long as there is 'enough' fairness, thats all there really needs to be. Still, there is some real hypocrisy involved here when they consistently deride other coins premine, and then one of their own releases a coin that so loudly touts its use of that tool.
sr. member
Activity: 522
Merit: 266
Good luck finding a 100MH/s rig lol

lol. And a powerpoint that doesnt blow your fuses at best...
member
Activity: 84
Merit: 10


http://ULTRA.Leetpools.NET

http://ultra.leetpools.com (WILL WORK SHORTLY IT IS PROPAGATING)

(We had to move the .com currently propogating, please access the site using the .net!!!)


We are sorry for the inconvenience, all pool functions and stratum are functioning, please update!!!

IS OPEN AND HUNGRY FOR HASHES!!


1% PROP VARDIFF!!!

Fully functional. No email confirmations required! Just register and start hashing!!!

Come chill in IRC #Leetpools on quakenet

@ 90MHS 100mhs 120Mhs 140mhs 150mhs AND GROWING!!


1.337 UTC BLOCK FINDER REWARDS ENABLED FOR NEXT 300++ BLOCKS!!! COME HASH!

Promo is over! Thanks everyone!

Mine like a Boss.

CHECK OUT OUR FRESH NEW LOOK! :DDDD
sr. member
Activity: 420
Merit: 250
Bayern
Good luck finding a 100MH/s rig lol
sr. member
Activity: 332
Merit: 250
@CollinCrypto [GAM]
(Long part of the message redacted)

The premine

-The premine: ALL coins in the premine and where they went were public from day 1,People have accused me of making up the existence of shareholders,but i assure you they are very real,and if there are stakeholders out there who want to come forth, please quote this post and say "I am a stakeholder"

As was visible from day 1,I get 100.000 UTC and i dont even have them yet, so i have not sold a single coin,i am still in the middle of distributing rewards, and stakeholders coin.I also made public is that my personal selling goal is 10 dollar,and we are not 10 dollar.


To conclude this statement i wish to assure you that many wonderfull things are in the pipeline for UTC,and will be rolled out in the future,we are discussing with various partys how we can make future partnerships.
I would also like to thank all the people who do see the potential and are trying to be an active community around UTC, we value this greatly! Grin

[/color]
 

I am a stakeholder, holding the majority long term.  I am also mining a little bit.
member
Activity: 78
Merit: 10
full member
Activity: 224
Merit: 100
To Bumface or any other Dev,

Thinking about the stakeholder thing again, explain to me how this isn't the equivalent of a giant premine dump, at least for you?  If you had premined the entire 2 million yourself, and then sold them as soon as we were all able to mine for .0005 to willing buyers, how is this any different, from the point of view of your profitability, as a premine dump? What good are stakeholders for the rest of the community?  

I was wondering what other people you had hired to help with this coin as you only list ziggy and yourself publicly.  You listed some other positions above, including your own and ziggy's. Supposedly you hired mediators, but I haven't seen them.  Marketing team isn't seemingly doing much marketing, or at least they didn't do a ton pre-launch.  I have no idea how effective the SEO guy has been.  

Considering the situation with the launch and the stakeholder position, which seems nothing more than a quick way to enrich yourself or others as they are not obligated to actually hold a stake, it would be good for the community if you articulated what advantage allowing people to buy, from you, a large position of the coins has for this coin.  Also, a better roadmap as to what all these people you say you've hired are actually doing would be nice.  You have no roadmap.  Giving a vague reference to "fast and wonderful developments" is not helpful to you or anyone else.  

And if you really want to help this coin out, give the first real explanation of how not only proof of stake works, but how it is accomplished using this coin.  That is the only thing you have setting yourself apart from at least 4 other scrypt-jane coins except a team that has no visible role in this coin.  You give a one line lip-service to proof of stake and expect it to suffice, but 99% of the people here have no idea what that is.  Also, a better explanation of scrypt-jane - it's purpose and the realities of mining it - is necessary to get more of the mining community involved.  The leetpools guy has already posted .bats for popular AMD cards, you'd be wise to include that in your initial post before people leave just because of the difficulty of getting set up.  

The die-hards aren't going anywhere, you don't have to preach to them.  You need to address the above concerns to win back the support of many that are swayed by the accusations and the troubled launch.  If you paid for a marketing team, they aren't doing their job.  
full member
Activity: 150
Merit: 100
True to Decentralization
anyone think 1 utc could be worth 1 dollar this weekend?
Yes, those two guys above you.

Hahahah
member
Activity: 98
Merit: 10
anyone think 1 utc could be worth 1 dollar this weekend?
Yes, those two guys above you.
member
Activity: 224
Merit: 10
anyone think 1 utc could be worth 1 dollar this weekend?
member
Activity: 98
Merit: 10
Ye, also isn't premined gonna be dumped on that exact date destroying the value of our coins?
full member
Activity: 224
Merit: 100
We will get rich this Feb 7 onward and at least few hundred thousand USD dollar $$$ to our bank account.

What are your plan to spend this money ?

I'm buying a 100MH/s rig Cheesy
What are you talking about?

Nothing wrong with dreaming big Cheesy

Go to 100 other alt coin threads and you'll see exactly the same post.  I've yet to see one of them be right yet.  
newbie
Activity: 55
Merit: 0
We will get rich this Feb 7 onward and at least few hundred thousand USD dollar $$$ to our bank account.

What are your plan to spend this money ?

I'm buying a 100MH/s rig Cheesy
What are you talking about?

Nothing wrong with dreaming big Cheesy
member
Activity: 98
Merit: 10
We will get rich this Feb 7 onward and at least few hundred thousand USD dollar $$$ to our bank account.

What are your plan to spend this money ?

I'm buying a 100MH/s rig Cheesy
What are you talking about?
full member
Activity: 140
Merit: 100
We will get rich this Feb 7 onward and at least few hundred thousand USD dollar $$$ to our bank account.

What are your plan to spend this money ?

I'm buying a 100MH/s rig Cheesy
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