Reflections on a fun day:
1. Typical frenzy when coins were added to Cryptsy. UTC did pretty well, no evidence of pre-deposited coins. Then all of the new coins crashed, as expected. I expect a gradual uptrend over the next few days.
2. Crypto-trade came back! SO nice to have a trollbox.
3. I now have coins on four exchanges. Need to do some consolidation, leaning towards just being on crypto-trade and cryptsy.
4. The price went down and the fighting started here. That does not make me happy.
5. If the volume on mintpal were checked right now, I would win! But since there are still hours to go on the contest, someone else will.
6. Facebook contest winner is picked tonight - hope everyone liked the page.
7. Did some playing around today with UTC and exchange APIs to figure out how to do pricing on the utc store. Would be a lot easier if UTC was on coinpayments.net.
Hope everyone stays positive - the future of UTC is very bright.
+1
I consider today a very successful coin launch for Cryptsy and the UTC community. I'm sure all of us were dreaming about winning the crypto lotto, but most of knew what to expect. This went well. It's not uncommon to see a coin open on Cryptsy and dump to an all-time low. We opened at a reasonable price, had a steady decline and now we appear to be stabilizing somewhere right between the pre-CT shutdown and the all-time low on Mintpal. In the process we drew in an enormous amount of publicity and new mining/investing power.
Bottom line? The coin maintained composure which is a great sign of long-term stability. Remember, our focus isn't to be a pump-n-dump gimmick coin. We're here to make a better crypto currency that meets the demands of the this financial system revolution.
Great work everyone. We have much to be proud of.