Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!

Quote from: RichardMiner on July 07, 2014, 05:59:42 PM

What is wrong with all does ppl who are talking garbage and try to tell those things here as it are facts?

Now like this trogdorjw73, wtf is he talking about that the UTC team created and abandoned CAI and then switched to CAIx???

So this is another dude like flobdeth and kingpin who are making false accusations and telling lies !

And what about UTC is old news and nobody want it Angry

I am happy that you cashed out.
So what you are doing here now, telling fud and lies Huh

Quote from: trogdorjw73 on July 07, 2014, 04:40:01 PM

Considering this same team created Caishen (CAI) and then abandoned that and switched to CAIx (....)

..... Since UTC is basically old news, no one is really interested in it...

.....Since this same team did CAIx, I checked my interest so far and it does look as though scaling is not happening...

....Anyway, I gave up on Ultracoin last week and cashed out....

1) Hold on, wasn't the Caishen Project started by Ultracoin people? I know at least one of the CAI/CAIx major guys (Stuhlman) runs Nitro.org, and Ultra.Nitro.org was certainly one of the biggest UTC pools (though I haven't checked to see if that's still the case). I've been poking around trying to find an archived version of the CAI announcement thread but have not found one yet. Or is that what is meant by "the new managers"? If the original team is now gone (probably focusing on CAIx and their next great coin), that doesn't really change the fact that CAI was started by UTC people, then changed to 100% CAIx in the same way UTC is going to become 100% PoS. So at this stage, whether or not the UTC team is involved at all with CAI/CAIx is somewhat irrelevant, as the fact is the coin is basically being changed in a similar fashion: out with Scrypt-Jane, in with 100% PoS. (And as I said before: good riddance to Scrypt-Jane!)

2) If you don't think Ultracoin is old news, I'm sorry, but the coin was launched ages ago in Internet time. It's over six months old now, SJ has scaled N-Factor all the way up to 13 now, and rewards were changed from 50 to 15 UTC. Just reading the posts in this thread makes it pretty clear that the coin is languishing and people are trying to figure out how to make their UTC holdings actually have value again. If UTC had been increasing slowly in value over the past six months, sure, it would be exciting news; right now it's just continuing this slow downward spiral. Hence....

3) Cashing out is merely me pointing out that I don't have any stake one way or the other at this stage. If UTC goes "to the moon", I've missed that rocket -- just like I've missed the Vericoin rocket and many other so-called "rockets". But if they don't actually clear the gravitational well of Earth, rockets end up crashing into the ground, and I've missed a lot of those as well. I mined UTC for a solid two weeks I believe, and at the time it would have been worth around 10X the current value. I held onto it thinking at the time that the higher N-Factors would somehow increase the value of UTC, but obviously that was flawed thinking.

So why make a comment if I'm no longer involved? Why does anyone comment on the BCT forums? Hahaha.