Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
Kiiro
on 27/05/2014, 00:45:27 UTC
exactly right paulr1. much much much to low. i really can not understand why people are selling at this price

The fact that you can not understand might be the reason why...

the dev team is not responsible for this price,the sellers are.This is not meant to be mean but its the truth....

We can not force people to stop selling, their UTC is their property, and they can do with it whatever they want,sell, hold, dump..

We do wish more people realised the value of Ultracoin,so the situation is very undesirable for us.Team utc is working hard but we have have said this many times before.

One thing the dev team can do is give out news. In the absence of news, the only thing driving the price of a coin is volume. With no volume there is no chance of price trend reversal. People would be crazy to buy in at this point, hence they don't and the price continues to sink.

Surely there must be something the team can put on the first page every now and then? Even just a status update, ETA updates on projects like the multipool, etc.