Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
barbados-fs
on 26/05/2014, 22:13:03 UTC
Well I guess we could all buy and sell UTC between ourselves to bump the volume. Certainly noticed that a buy on MintPal of only a few cents can have a significant impact on the price. Maybe we need a BTC fund to just buy up when the price drops because of a few non-believers. A 1% increase each day for 10, 20 or 30 days would be very nice

KC

Your words - gold, but such a fund should be huge. As demonstrated by my observation in this thread really been actively involved less than 1% of all owners of UTC, moreover, many who comes here does not want to read more than one - the last visible page theme.

Once you start such a fund by redeeming coins that would raise the price, you will be wanting to sell Beaulieu UTC and eventually you will either be wasting the entire fund or you have to sell previously purchased coins that would be able to fly again.