Quote from: kahir on May 25, 2014, 03:58:12 PM

Quote from: kahir on May 25, 2014, 01:20:29 PM

what is MIN stake time ... 1 month ?

Answer:

Quote from: bumface on May 23, 2014, 08:35:22 AM

Hello UCM`s! Grin

Last night we had a very productive IRC meeting and we say thank you to everybody who attended, a few things were discussed and the general consensus was that we should try to turn the yearly POS into a weekly POS and that this should be 0.1% per week.We are still talking to a dev about this.

The second thing people agreed upon is that we should lower the N factor and keep it there for 1 year,this is also being discussed.We are aware of the N factor change today,but dont worry,this will be rolled back so bare with us for now.

The dev has informed us that letting people update so quickly without time to prepare can create a hard fork and damage the coin,so the most responsibe thing for us to do is let this N factor happen for now.

I am very pleased with some of the posts in here, The dev team is working very hard behind the scenes, but we can only do so much, we need your help.....Dcgirl, xwebnetwork and Jakob have lives to live aswell, and i have told them on multiple occasions i dont want UTC to suck up their entire life.I am most gratefull for their efforts and commitments, but as somebody just mentionend,we are just 5 people....

I also see some comments from people who think "it will die forever".this is offcourse nonsense.This price point does not reflect the actual value of a coin.value is much more then a number. Value is the community ,the team,the developments,.Lets be honest,this price is not caused by the dev team.this price is caused by:

1:people selling at this rediculus price
a battle to undercut the seller above you,makes sure we are on a steady decline in price

2:the lack of proper demand
The coin needs an actual purpose to exist,and services like the minecraft plugin to tap into communitys unrelated to crypto,to create a vast userbase to create proper volume

To the doom & gloom people i would like to say : please find a way to redirect your energy into something uplifting and contructive.
Ask yourself : How can i contribute? How can i make a difference?

Complaining is very easy and anybody can do it,but you acomplish absolutely nothing,and this is not what Ultracoin represents,its about making a change , and making a difference,and having core values.This UTC community is not large, i will admit that.BUT the people we DO have are absolutely fantastic.They pull through for us at every voting event.They stick with us even on a downslope graph, and for this i think i can speak for the team when i say, we are deeply gratefull for that.

SO!

what are some things anybody could do to help UTC?

-Tell people about it (facebook,twitter,real life)
-Talk about ultracoin in chatboxes
-Prove the doubters wrong and show howmuch we have accomplished in just 4 months

making a coin,
getting on 20 exchanges (including mintpal and cryptsy) , ( http://ultracoin.net/exchanges.html )
getting spending places like altoutlet,pock.io ,
being invited to represent UTC at the swedish bitcoin conference 2014,
forging a wonderfull relationship with bitcoinwoman and Dcgirl becoming a regular writer with great articles.
launching the ultra-arb tool,
making our own pool,
getting physical coins,
getting physical aluminium wallets,
getting service websites on board like wealthico,coinCPA,whattomine,countmycrypto,cryptocoinrank, ( http://ultracoin.net/services.html )
mobile services like bitcoin checker,bitcoin profit and cryptocurrency converter ( http://ultracoin.net/apps.html )
sponsering Elsa Hammond in her amazing endevour
3 succesfull wallet updates and upgrades

This list is nothing to look down on!

And think about what is yet to come :

ultra-arb premium,
our own multipool,
in game minecraft economy,
mobile wallets,

So when you think about it,the coin should really be 1 dollar at least to represent what we have done as a group and what we are going to do.Its up to you guys what happens,i know we as the team are doing our very best,but we are indeed just 5 people.Look at the beautifull aluminium wallets,We did not ask him to make that,he did that all by himself. This is the model for the UCM (Ultracoin community member).proactive,innovative,intelligent.

we need you!