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Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! - page 839. (Read 946658 times)

hero member
Activity: 546
Merit: 500
yeah but at 11 o clock 40 people came in and bought all the milk....then if the 1st customer comes back i cant just call the 11 o clock customer and ask for the milk back.And 98% of the milk will be available from milking on feb 1 , and pre milked milk will be for sale on the milk exchange

In that case you should have said that shop is open until you run out of milk, not that its open until 9pm.
Anyway, im not interested in buying. Im just saying that it was not a "fair play" from you and you dissapointed many who wanted to buy.
hero member
Activity: 728
Merit: 501
yeah but at 11 o clock 40 people came in and bought all the milk....then if the 1st customer comes back i cant just call the 11 o clock customer and ask for the milk back.And 98% of the milk will be available from milking on feb 1 , and pre milked milk will be for sale on the milk exchange
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.

+1

If something like that were to happen, all the current bidders would accuse him for being greedy. What's done is done, it was our fault that we weren't fast enough to bid. Now let's move..

So if you shopkeeper tells you that hes open until 9pm. You go to buy your milk at 2pm, but shop is already closed. Are you going to drink water now, because it was your fault that you didnt buy your milk in the morning or you go to another shop and buy your milk there?
 Cheesy

Nice example.  Cheesy But seriously, I'd also love to buy some coins but it's not possible now.
hero member
Activity: 938
Merit: 1001
what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.

+1

If something like that were to happen, all the current bidders would accuse him for being greedy. What's done is done, it was our fault that we weren't fast enough to bid. Now let's move..

+1

it's done. move on.
hero member
Activity: 546
Merit: 500
what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.

+1

If something like that were to happen, all the current bidders would accuse him for being greedy. What's done is done, it was our fault that we weren't fast enough to bid. Now let's move..

So if you shopkeeper tells you that hes open until 9pm. You go to buy your milk at 2pm, but shop is already closed. Are you going to drink water now, because it was your fault that you didnt buy your milk in the morning or you go to another shop and buy your milk there?
 Cheesy
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.

+1

If something like that were to happen, all the current bidders would accuse him for being greedy. What's done is done, it was our fault that we weren't fast enough to bid. Now let's move..
hero member
Activity: 714
Merit: 500
Skol!
what you should do is cancel all the orders and return everyone their bitcoins. then do it right. let everyone make their bids then on the 27th of January say bidding is closed. then sell the coins from highest price to lowest price untill the coins are gone.
make this right. this coin deserves it.

+1
newbie
Activity: 49
Merit: 0
If this coin does get on crytpsy. What do you guys think the price is going to be? I think it will be 10-25 cents.
full member
Activity: 426
Merit: 100
That is going to cause confusion which will end up hurting both coins.

This is a crypto currency, the other is software that provides a service


shame about that, well I guess free advertising Tongue
I'll have to watch that video clip now Tongue
hero member
Activity: 728
Merit: 501
Just saw this and wanted clarification on the following quote

Please note that every partner gets 0.1% of the total number of coins, we feel this is not unreasonable as a compensation for our time and investment.

If the total pre-mined is 2000 with
1600 for bid
100 to partner 1:Ziggy (dev)                                                                                                                      
100 to partner 2:bumface (founder)                                                                                                                
 
100 to professional consultant
100 to rewards to developer
 

So 100/2000 = 5% of the initial coins

So where is the 0.1% from? Are you saying that the partners get 0.1% of all future coins (both mined and staked) as well?


"Please note that every partner gets 0.1% of the total number of coins, "  quote from the announcement

total 100 million UTC, partner gets 100.000 UTC  = 0.1 % of the total number of coins
newbie
Activity: 40
Merit: 0
Just saw this and wanted clarification on the following quote

Please note that every partner gets 0.1% of the total number of coins, we feel this is not unreasonable as a compensation for our time and investment.

If the total pre-mined is 2000 with
1600 for bid
100 to partner 1:Ziggy (dev)                                                                                                                      
100 to partner 2:bumface (founder)                                                                                                                
 
100 to professional consultant
100 to rewards to developer
 

So 100/2000 = 5% of the initial coins

So where is the 0.1% from? Are you saying that the partners get 0.1% of all future coins (both mined and staked) as well?
hero member
Activity: 728
Merit: 501
Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.

I'm going to make a pizza place called McDonalds, is that a good idea if they agree to coexist with me? Smiley

i dont think so  Wink
hero member
Activity: 630
Merit: 500
Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.

I'm going to make a pizza place called McDonalds, is that a good idea if they agree to coexist with me? Smiley
hero member
Activity: 728
Merit: 501
Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.

yes i see your point ,but i cant change it now,that would mean recompiling code, changing wallets,logo, changing the website and so on....

I have spoken to the gentleman in question and we are both too invested in this name,so rather then follow the path of certain smartphone companys we have agree to peacefully coexist.

newbie
Activity: 22
Merit: 0
Scrypt-jane coin and N factor is not even mentioned?

Will this coin launch at N 4 and being raped by ATI/AMD in the beginning or will it start at a reasonable, higher N?

we don't want to be too gpu unfriendly in the beginning.
So N will be updated in the future? What's the mechanism/schedule for that--does it increase regularly in the same way block reward changes? 
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
Obviously, we know that. Tell that to anybody else who hears the name Ultracoin for the first time.
hero member
Activity: 728
Merit: 501
That is going to cause confusion which will end up hurting both coins.

This is a crypto currency, the other is software that provides a service
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
That is going to cause confusion which will end up hurting both coins.
hero member
Activity: 728
Merit: 501
http://www.zerohedge.com/contributed/2014-01-19/bitcoin-20-aka-ultra-coin-bitcoins-derivative-layer-allows-virtual-control-re


Now that is a sexy coin...


How can you not have an android dev yet its piss ez stuff
Id offer but to damn bsy atm

that other ultracoin is unrelated to us,we have agreed to co exist
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
we don't want to be too gpu unfriendly in the beginning.

I'd say with N 4 you're being GPU exclusive in the beginning.
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