Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
derBruchpilotPro
on 02/07/2014, 06:24:33 UTC
If you guys go full POS, it will do nothing for demand.  I don't know why that is so hard to understand.  Why do I want UTC suddenly because you are PoS? Why do I want to buy a coin that changes it's mind as to what it is every other month?  

The problem is this thread is full of bagholders trying anything to artificially boost the value of the coin with no regards as to what the perception of those actions will be.  Go to the parent of this thread and count how many PoS coins are on the front page and ask yourselves how those are doing.  How's mint?  How's Liberty?  How's Minerals, Sat2, Guerilla, Fire, Nxt, etc.  There are probably 50 more of them.  

But I'm sure you're all stuck on Blackcoin's success.  How about Whitecoin?  It's down 90% from PoW phase.  

You're just going to look flaky and desperate going full PoS.  It will be seen as manipulative by those not involved in the coin as it effectively gives bagholders all the leverage.  I seriously doubt it will raise demand, but I can see it completely killing it.  

True, it will not rise the demand so much, but it will cut down the inflation. --> easier to get some value back

Liberty, WC, Mint etc. dont suffer from PoS, they have the same problem as UTC: no demand.

But I'm sure most of them would be already on LTC Market or just delisted if they would be mineable.

Going full pos isn't the solution, but a step into the right direction IMHO.