Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!
by
bumface
on 05/07/2014, 16:39:59 UTC
bumface: when it comes down to money, people can become real dipsh!ts. They don't restrain from nothing, even accusing people of stealing, just to get their benefit (whichever that might be). Just like in the "big" financial world, just with the difference that we have a lot of kiddies running around here who aren't equipped with the resources which the "big boys" have, so they are left with swearing and trolling...

So you agree that centralization of capital and access is a good thing?

POS brings nothing to the table, all it does is centralizes the market and liquidity.  There is no "free market" it comes down to the biggest group, the only people able to make anything off POS are the ones with the control over the money flow, there is no way to mine it except by handing over cash in advance to buy from those people.  It does not provide more services or opportunities to spend UTC making it "money"

You have a multipool which pays out in UTC, great, good job (honestly Granng it's work well done), another POS downside, the pool has to buy from the holders who are able to dictate market prices.......... Yes you can try the pathetic argument that everyone is free to sell at whatever price they want, so free market competition is alive and well.  Only to a point, if you don't understand how this works, I suggest you stop playing with crypto as you're nothing more than "dumb money"

If pointing out reality makes me a troll, so be it, It's a HUGE bridge to sit under.  I still see nothing anywhere or answers other than calling me a troll and FUDster over concerns over POS that would make me think otherwise?

What does UTC want to even be, do you guys even know anymore?  

I'm not doing this as pure FUD.  What's the problem taking your heads out of the sand for five minutes and dealing like stuff with the supposed "adults" that you are supposed to be?  Ok my origional attitude sucked, yes I posted angry and I shouldn't have.

Are these questions so hard to answer or is more moderation required as it's far easier to hide reality than explain it, is it?


big piece of text, very little content.....

i dont know what your agenda is,but its not pretty.

i dont know about you guys, but i am done with this negativity .I am going to focus on the bright future of ultracoin,and im going to think about what i can do to contribute Cheesy

I have said this before, this full POS strategy is simply 1 step on the road,dont view it as an end goal.

We are talking to a java dev right now for the minecraft plugin,and he thought the idea was brilliant,this will make sure the demand goes up.


also you could have read this in the POS announcement "Our management team is now busy with our coin dev’s to finalize the investigation and the test to make Ultracoin a full PoS coin."

we are investigating,nothing is a 100% certain yet.What we do is in the best interrest of the coin and the community.We never make hasty decisions