[ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 16.

koralon

full member

Activity: 185

Merit: 100

Quote from: Rainer4256 on May 21, 2014, 03:09:19 PM

Quote from: colin012 on May 21, 2014, 02:33:08 PM

I like the concept of having a team of grads and students all working together on a coin.

Where are they?

Yeah, the developer(s) are so active..

He is posting like once a week if even that.

I think this coin was doomed to fail from the start with this development rate.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: colin012 on May 21, 2014, 02:33:08 PM

I like the concept of having a team of grads and students all working together on a coin.

Where are they?

colin012

member

Activity: 87

Merit: 10

I like the concept of having a team of grads and students all working together on a coin.

amiryaqot

legendary

Activity: 1050

Merit: 1000

UVC is very cool coin, i like it much

ugofoscolo19

newbie

Activity: 49

Merit: 0

I'm staking a lot lolllllllll

icess

full member

Activity: 168

Merit: 100

Quote from: icess on May 19, 2014, 01:14:41 AM

Quote from: griffitsj on May 18, 2014, 04:03:03 PM

Quote from: UniversityCoin on May 15, 2014, 09:20:56 AM

Sorry for late updates!

There are few things we are working on,

1. We are testing Android and iOS wallet, the beta version will be released about next Wednesday.

2. 5 more universities ambassadors

3. The first restaurant with UVC payment

And thank you all for supporting UVC!

Details please about these university ambassadors, existing ones already in places, their names and at which universities. What plan are they following to promote the coin in Universities and how are they rewarded for their efforts?

I see 1 big problem at the moment - University term is pretty much ended already so there won't be any students to sell the ideas to.

This crypto currency is in crisis at the moment, price and market cap are crazily low. Regardless of get-rich quick mentality peoples investments are going down the toilet literally. If OP (not Developer I might add, who was just paid 0.2btc to create the coin) keeps stringing people along then a community takeover will be next on the agenda.

waiting for the Wednesday Grin

Wednesday is Coming !

Miraged

member

Activity: 87

Merit: 10

Has there been a site created where we can see the top 100 wallets?

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

I never new Id get new university debts

Soul_eater_123

legendary

Activity: 952

Merit: 1000

Quote

i think the dev Team are honest, let see their next post with any surprises for us

I hope you're right but the complete silence is not inspiring confidence.

Punktonic

newbie

Activity: 22

Merit: 0

Has anyone else gotten a virus alert about the UniversityCoin-qt.exe file?

Avast tells me it's infected with the Win32:Evo-gen virus.

http://www.im-infected.com/virus/win32evo-gen-susp.html

I downloaded the zip file from this thread, and from their webpage, both are infected. When I ran the program without the conf file, no virus warning came up. Once I used the conf file, Avast identifies it as infected.

This is something to be worried about. That virus opens backdoors for remote access. Glad I always disable remote access and the services it depends upon.

https://scontent-b-ord.xx.fbcdn.net/hphotos-frc3/t1.0-9/10402984_10154150263680543_6918078439325034416_n.jpg

tekke

legendary

Activity: 854

Merit: 1000

well this coin is going to the shitter, I had high hopes on this one , bought a but at 800Sat , about 0.1BTC. I guess with this prices I'll send the to my wallet to see if i can earn something using POS

Jahana

newbie

Activity: 10

Merit: 0

9 million were mined. Proof-Of-Stake will grow that to 100 million over time.

(src/main.h, line 35: static const int64 MAX_MONEY = 100000000 * COIN;)

bitcoinwonders010

hero member

Activity: 686

Merit: 500

guys does UVC have 9million coins or 40million coins

aleckloss

full member

Activity: 182

Merit: 100

Official BitFoundry Dev

I agree and with finals week just ending for United States universities I believe that this week will be the start of many projects for the coin.

ando0022

member

Activity: 98

Merit: 10

Quote from: Vann on May 19, 2014, 11:55:16 AM

Quote from: Jahana on May 19, 2014, 09:04:15 AM

Quote from: Soul_eater_123 on May 19, 2014, 08:48:00 AM

Quote from: Prominence on April 23, 2014, 07:59:09 PM

"The OP could dump a total of 141BTC worth on all markets this coin is traded on if the value is 2000 satoshi. (Expected value for this amount of total coins with such a reward)."

Prominence seems to have been spot on.

Um, other than his math skills.

708000*.00002000=14.1, not 141.

The FUD about the dev dumping coins has no basis in fact. The premine was confirmed to be 0.5% of the 100M maximum total coins = 500,000 UVC

https://bitcointalksearch.org/topic/m.6546825

At the high of 2000 sat, the premine was the equivalent of 10 BTC, hardly an excessive amount. Part of it was also used for bounties, giveaways and to compensate people that rented rigs for the prior launch. The launch was fair and without any instamining with the 1 coin block reward for the first 200 blocks. While the current price of 350 sat is certainly low for those planing on a Pump and Dump coin to day trade, I don't think the short-term price should be the dev's primary focus and I await to hear his further developments.

+1

i think the dev Team are honest, let see their next post with any surprises for us

Vann

hero member

Activity: 1036

Merit: 606

Quote from: Jahana on May 19, 2014, 09:04:15 AM

Quote from: Soul_eater_123 on May 19, 2014, 08:48:00 AM

Quote from: Prominence on April 23, 2014, 07:59:09 PM

"The OP could dump a total of 141BTC worth on all markets this coin is traded on if the value is 2000 satoshi. (Expected value for this amount of total coins with such a reward)."

Prominence seems to have been spot on.

Um, other than his math skills.

708000*.00002000=14.1, not 141.

The FUD about the dev dumping coins has no basis in fact. The premine was confirmed to be 0.5% of the 100M maximum total coins = 500,000 UVC

https://bitcointalksearch.org/topic/m.6546825

At the high of 2000 sat, the premine was the equivalent of 10 BTC, hardly an excessive amount. Part of it was also used for bounties, giveaways and to compensate people that rented rigs for the prior launch. The launch was fair and without any instamining with the 1 coin block reward for the first 200 blocks. While the current price of 350 sat is certainly low for those planing on a Pump and Dump coin to day trade, I don't think the short-term price should be the dev's primary focus and I await to hear his further developments.

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: Jahana on May 19, 2014, 11:29:57 AM

Quote from: Miraged on May 19, 2014, 11:11:50 AM

Looks like chunypool's site is 502 Bad Gateway. I hope all is well!

Looks to be just the front page having an issue - https://chunkypools.com/uvc/ is up, for example, as are all the other pool pages. Mining seems to be working just fine there too.

are any other pools up and running?

Jahana

newbie

Activity: 10

Merit: 0

Quote from: Miraged on May 19, 2014, 11:11:50 AM

Looks like chunypool's site is 502 Bad Gateway. I hope all is well!

Looks to be just the front page having an issue - https://chunkypools.com/uvc/ is up, for example, as are all the other pool pages. Mining seems to be working just fine there too.

Miraged

member

Activity: 87

Merit: 10

Looks like chunypool's site is 502 Bad Gateway. I hope all is well!

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: Soul_eater_123 on May 19, 2014, 08:48:00 AM

Quote from: Prominence on April 23, 2014, 07:59:09 PM

"WATCH OUT!!

Block time: 1 minute
Difficulty retarget: every block
Total coins: 40,000,000 UVC
Coins per block: 80 UVC
Block reward halving: every year
Premine: 1.77% for bounties, future development, and merchants adoption

Considering the 1.77% premine, the OP instantly gets 708000 coins. The block rewards are so low that this is a big deal. The market price will start out relatively high. Think about 2000 satoshi as a minimum and (if the coin's popularity increases) the value could be above 10k satoshi. The OP is probably going to dump the moment there's a high buy order and will then stop supporting the coin since he's made a quick buck. Do not accept premines like this. The OP could dump a total of 141BTC worth on all markets this coin is traded on if the value is 2000 satoshi. (Expected value for this amount of total coins with such a reward)

If it wasn't for the premine this would be good. Stay away or demand OP only accept donations."

Prominence seems to have been spot on.

We are far away from 2000 satoshis. If you like to watch a coin dying go to https://bittrex.com/Market/Index?MarketName=BTC-UVC.

Topic: [ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 16. (Read 135331 times)