Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 53. (Read 381003 times)

there is no any pair for utc symbol on any market on cryptopia.any other exchange?

Well they can't exactly steal my coins or they will be sued. I'm sure if anyone misses the deadline you can just contact Bittrex and get your coins.

Yes - do it ASAP - Ryan Hentz at Bittrex says they will keep the wallets open for a few days past the 14 days - but when they shut them to the public - thats it.  You lost them.

I guess they will stake with what they are left with from non-withdraws (they seem to stake near the end of each month) then sell when we are listed on Cryptopia.

Of Course - depending on their States unclaimed property laws - they would likely need to report the unclaimed property - wait until the claim period expires - then they would have legal ownership of funds.  If you claim during the reporting period - you will likely get them back - but after that they become property of Bittrex IMO.  
https://bittrex.com/Home/Terms

10. UNCLAIMED PROPERTY
If for any reason Bittrex is holding Virtual Currency in your Hosted Wallet on your behalf, and we are unable to return your Virtual Currency to your designated External Virtual Currency Address after a period of inactivity, then we may report and remit such Virtual Currency in accordance with applicable state unclaimed property laws.

Bittrex LLC is a limited liability corporation formed and operated out of Las Vegas, Nevada.

Bittrex LLC
6077 S. Ft. Apache Rd
Suite 100
Las Vegas, NV 89148


http://www.bizfilings.com/toolkit/sbg/finance/basic-accounting/unclaimed-property/nevada-unclaimed-property-rules.aspx

If its under $2500 and because its crypto the Nevada Unclaimed Property Division of the Office of State Treasurer is unlikely to want to hold these UTC.  They can refuse to accept unclaimed property under a certain value or of a certain nature. Are UTC regarded as "property" in Nevada?  Interesting to note there are quite harsh penalties for failing to report unclaimed property.

Do it ASAP!

No I did not get an email about it, I just saw that I had some on bittrex with 0 btc value so I knew it was delisted. Is it safe to wait a few days for the blockchain to load and then transfer my coin? or should I do it right away?

Good stuff - did you get an email from Bittrex telling you to withdraw UTC?

thanks usukan I am downloading the wallet and it is syncing

Hi KidCrypto

Cryptopia do not have their wallets set up yet for UTC (a full sync takes about 4 days from scratch - I'm guessing they don't want to use the bootstrap for the blockchain) - as such there is no deposit address for UTC on Cryptopia yet.

You will have to withdraw to your own wallet address on a Windows machine.  If you are way behind on sync - it does not matter.  You can send to your wallet addresses without syncing (its not advised but if its an emergency its OK).  Just DONT SEND TO YOUR WALLET IF YOU ARE NOT ABSOLUTELY CERTAIN YOU KNOW YOUR PASSWORD and that you have your private keys backed up somewhere safe.

Alternatively - if you have no UTC wallet - install the new one and start syncing.  It will take 4-5 days.  But as soon as its installed only (and not fully synced) you can copy an address from it and send your Bittrex funds to that new wallet address.  Be sure to encrypt the wallet/add password - then back up the encrypted private keys in several safe places. MAKE SURE YOU RECORD THE PASSWORD on paper (a strong one with numbers, letters U and L case, symbols # @ $ % & * etc - more than 15 characters - hand written (not online anywhere) - in several different safe physical places. Triple check you record it correctly.




Just make sure you get the wallet address correct.  Send a small amount of UTC first - then check your address and TXID on Presstabs block explorer.  If it goes through - all good to send the rest to the same address.

http://www.presstab.pw/phpexplorer/UTC/index.php

http://www.presstab.pw/phpexplorer/UTC/address.php

http://www.presstab.pw/phpexplorer/UTC/tx.php





Cheers - usukan

Hi guys, I have coins on bittrex, what do I do, send them to cryptopia???

Edit: UTC is not traded anywhere???

Thank you

UTC should do well on Cryptopia.  It's a growing and innovative exchange.

I'll look forward to the trading the UTC/UNO pair.

https://bitcointalksearch.org/topic/m.17759677

any exchange?

Bittrex will not transfer unclaimed coins to an UltraCoin Community fund.

Ryan Hentz states that all holders of UltraCoin on Bittrex will be emailed and warned to withdraw before their wallets are closed down.

Please let me know if anyone has already got this email - or it comes in the future.

WITHDRAW UTC NOW


Thanks usukan

The more I think about this issue the more I am concerned.

I'm not at all happy about Bittrex getting to own all unclaimed UTC. With a lot of major holders only checking sporadically - I imagine there will be quite a lot of UTC left unclaimed.

This is not satisfactory.  14 days is not a big window to retrieve funds.


I have approached Bittrex and asked them to return "unclaimed UTC" to an UltraCoin Community fund.

UTC address   UNaWZYGxKR9quWdncigRMx3mWXX8LvszsA

From here we can work for however long it takes to return UTC to its rightful owners.

Of course adequate proof of ownership from Bittrex account info would be required to release and avoid any false claims.


Its unfortunate that they appear to store UTC in multiple deposit accounts - rather than centrally in an identifiable hot and cold wallet.  It makes it impossible to assess the current balance of unclaimed funds.

Anyhow - all I can do is approach them and see what they say.

I think that its rather unfair if they plan to profit from delisting coins - by selling off unclaimed funds.


I will advise any updates on this.

Meanwhile - best thing that you can do is withdraw all your UTC from Bittrex - as a matter of EXTREME urgency.


Cheers - usukan

IMPORTANT - COINS on BITTREX


As most of you know - Bittrex delisted UltraCoin 29 Jan 2017.

https://bittrex.zendesk.com/hc/en-us/articles/202583874-Bittrex-Market-Removal-Policy-Updated-12-01-16


As such - YOU MUST WITHDRAW ALL YOUR UTC from Bittrex wallets before 12 February 2017.

So - only 3 days left to withdraw.

https://twitter.com/official_utc


If you don't - Bittrex will keep them and sell them (dump) on another exchange when we list.

Cheers - usukan

Great news. I know I will regret not buying more UTC at those silly discount prices.

ANOTHER UPDATE

The UltraCoin application to List on Cryptopia has been completed and paid for.

Paytopia Payments
Search:
Id   Type   Amount    Coin                            Status           Begins           TransferId     RefundId      Timestamp   
327   ExchangeListing    500000.00000000    DOT   Pending   7/02/2017      Pending     N/A               2/6/2017 10:55 PM


I expect these guys to be pretty damn efficient.  They added WAVES and WAVES assets in a couple of days just recently.  Don't forget though - it will take them at least a couple of days to sync their UltraCoin wallets from scratch - even with the bootstrap.

I will update when there is any news.

Check your engines please...........






Cheers - usukan

Already we have significant donations from one of our esteemed Community members - who shall remain anonymous since its a PM contact.

The appropriate UltraCoin WAVES token reward has also been generously donated by this member to the UltraCoin WAVES Dev fund account and I shall advise Team @Cripto accordingly.

The support from the UltraCoin Community always impresses me - and its why I keep working for you.


Cheers - usukan

Update

Steven is working on the ANN and Website now - he should be finished by the end of weekend.

I have bought the 500k DOT (0.162 BTC - the DOT price just keeps going up unfortunately) on Cryptopia to pay for the listing - as soon as we have the ANN and Webpage sorted I will register and pay for the listing of UltraCoin on Cryptopia with these DOT coins.

If anyone wants to donate to the cause - you can send BTC to this Cryptopia address for BTC.
1J2kJ8jh94NNgCEmCCL7uYDXsH63h3TZ5W

I will use these funds to set up the market (on buy side) for UltraCoin when its listed (and pay for the UltraCoin WAVES Token listing on Cryptopia).  All proceeds (profit) from any trading will be returned to UltraCoin for development as and when its needed.

Any "donations" will be eligible for rewards from Team @Cripto in UltraCoin WAVES tokens - which I intend to list on Crytopia when the UltraCoin listing goes through. (I have confirmed with Team@ Cripto just now - they state)  Just PM me your WAVES address if you donate and I will pass to Team @Cripto (yes - and I know most of you - so any impostors will be thwarted).

Once we list and get everything organised - we can decide to pay for promotions if we want.  When Steven gets the social media and dev roadmap sorted - this is probably the best time to spend on Cryptopia exchange promotion.

Cheers - usukan