[ANN][UVC] UniversityCoin | UniversityCoin.Org - Pure PoS | 9M coins mined - page 17.

Jahana

newbie

Activity: 10

Merit: 0

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.

Soul_eater_123

legendary

Activity: 952

Merit: 1000

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.

icess

full member

Activity: 168

Merit: 100

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

griffitsj

full member

Activity: 215

Merit: 100

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.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: Soul_eater_123 on May 18, 2014, 11:44:07 AM

The coin seems to be another scam. Lesson learnt:(

Unfortunately. The "long-term strategy" sounded so well. Now the dev doesn't even show up although he was active a few hours ago.

Soul_eater_123

legendary

Activity: 952

Merit: 1000

The coin seems to be another scam. Lesson learnt:(

SummerMiner

member

Activity: 109

Merit: 10

The total UVC is 9M, was only this price Shocked

SummerMiner

member

Activity: 109

Merit: 10

UVC price is too low, perhaps more suitable for long-term strategy
Cry

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: NurseWho on May 17, 2014, 10:54:13 AM

Quote from: Rainer4256 on May 16, 2014, 02:23:00 PM

Quote from: One Six on May 16, 2014, 01:20:54 PM

Is it very hard for Dev to get self-motivation, participate in forum discussion? Coin will not go anywhere if this situation continues

Just wondering if they have already given up. This coin is going nowhere. Sad!

when you say "they", you mean him right?

He was always talking from the third person but in reality, he had no team at all. He made some btcs, and now that fucker is gone.

If not gone he'll always come up with some bullshit.

Good luck guys.

How do you know he's all alone?

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: niothor on May 17, 2014, 11:27:18 AM

Quote from: Rainer4256 on May 17, 2014, 10:34:44 AM

Quote from: trafficolaa on May 17, 2014, 09:54:22 AM

Quote from: minedout on May 17, 2014, 09:47:02 AM

Quote from: niothor on May 17, 2014, 07:25:23 AM

Quote from: MadGhost on May 17, 2014, 06:19:53 AM

dev is not taking any steps for the improvement of UVC

He is thinking about his "long term strategy" , don't bother him

.

Notice how twitter giveaways all stopped. Guy probably just wants to dump his premine on mintpal.

agreed with you, price are now really cheap Roll Eyes

This "long-term strategy" put the coin to #187 at coinmarketcap.com.

Not bad , at least it made it to coinmarketcap.
There are 500 coins waiting for mintpal

UVC was in the top 100 earlier this week.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Rainer4256 on May 17, 2014, 10:34:44 AM

Quote from: trafficolaa on May 17, 2014, 09:54:22 AM

Quote from: minedout on May 17, 2014, 09:47:02 AM

Quote from: niothor on May 17, 2014, 07:25:23 AM

Quote from: MadGhost on May 17, 2014, 06:19:53 AM

dev is not taking any steps for the improvement of UVC

He is thinking about his "long term strategy" , don't bother him

.

Notice how twitter giveaways all stopped. Guy probably just wants to dump his premine on mintpal.

agreed with you, price are now really cheap Roll Eyes

This "long-term strategy" put the coin to #187 at coinmarketcap.com.

Not bad , at least it made it to coinmarketcap.
There are 500 coins waiting for mintpal

Mayuyu48

hero member

Activity: 644

Merit: 500

what happen with UVC
i see prices crash to 400
last week i saw the prices stiill 2000
so we dropped 80%?

NurseWho

newbie

Activity: 28

Merit: 0

Quote from: Rainer4256 on May 16, 2014, 02:23:00 PM

Quote from: One Six on May 16, 2014, 01:20:54 PM

Is it very hard for Dev to get self-motivation, participate in forum discussion? Coin will not go anywhere if this situation continues

Just wondering if they have already given up. This coin is going nowhere. Sad!

when you say "they", you mean him right?

He was always talking from the third person but in reality, he had no team at all. He made some btcs, and now that fucker is gone.

If not gone he'll always come up with some bullshit.

Good luck guys.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research