Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
flobdeth
on 05/07/2014, 15:00:39 UTC
If you are against the idea of full POS, that is fine and that is your right.Make sure to build your case with logic and arguments,and dont make false acusations on a personal level.

You need to stop thinking about price.  Don't you dare tell me you don't care, it's in everything you write almost.
Forget about price, all of you in UTC.

How may times has it been forked now? 3-4?  Price has never moved, well, it's gone down, what does that tell you?

What about the other POS coins, there are few exceptions to the "price going down" what does that tell you?

There are only two ways to make UTC "profitable" (if $'s all you care about)

a) Change the Algo AGAIN, give it more to do than "money"

b) Instead of worrying about how changing it will affect price, maybe you should start worrying more about the support services, the infastructure?

I saw you guys were doing some email campaigns recently, good for you guys, that's what will give your "coin" value, REAL WORLD ADOPTION!

The only reason Bitcoin may survive is the services and business that's sprung up around it.  That is what the team AND the community need to work on.  Once that happens, the price will take care of itself! 

Don't you guys get it?  Price is irrelevant at this point, it's about getting acceptance, the ability to actually spend what you hold, what's the point in holding "money" forever?  It needs to be spent to create circulation, not stacked away as a POS (I still call it piece of s***) regardless  Tongue

Isn't the point of UTC as a "CURRENCY"?  Why turn full POS and stop people putting coins into circulation, it's like cutting off your nose to spite your face is it not?  Is this reasoned enough for now or would you like me to continue, I could go on all day typing nothing.  Yes, it does look that POS benefits no one except the large holders, explain to me how it doesn't? explain to me how it helps the circulation and spending of UTC to become an actual usable currency by going POS?

@Richardminer don't ever accuse me of running away, you can believe whatever the heck you want.  POS still only benefits the large holders of UTC if it is un-minable, but clearly logic isn't part of what you work with.  If I was "running away" you wouldn't have been writing that post!