Lots of alts on their way up, unfortunately not UTC...
What a waste of a good opportunity to be a contender...could have so easily been you, with a bit more management and guidance...
What a waste of a good opportunity to be a contender...could have so easily been you, with a bit more management and guidance...
yeah - UTC used to be about the same as VTC - now VTC is 100 times one UTC in price.
Incidentally - I transferred a few coins around yesterday and speed of 6 confs was interesting.
UTC was approx 60 seconds - as was ETH (1-2 mins)
DOGE was 6-10 mins
PPC was about 20-25 mins
DEM - 2-3 mins
BTC was about 50 - 90 mins
So our poor old UTC is still functional and competitive on speed at least.
You probably just happen to send coins during a flash mining period, but the vast majority of times it takes hours to get 6 confirmations (see my previous post). And as much as I dislike Eth, it's pretty fast with its ~17 second block time.
Also, if it takes 50-90 mins for a bitcoin transaction to comfirm (3 transactions) you're either unlucky or you're not paying enough in fees (which is your fault) which is again, not representative.
It's a shame that this coin is slowly decaying due to such a stupid mistake that is the broken difficulty retarget. What's more stupid is that there isn't even a plan on fixing it - even though it should be somewhat easy to fix for people even remotely familiar with coin development - or so I heard.
If you hold any meaningful amount of UTC, I'd suggest spamming the devs to wake them up or organizing a takeover.
Full disclosure, I don't hold any meaningful amount even though I got a fair amount by only mining in flash mining periods but once I really loved this coin so I find it a shame to watch it slowly die.
