Re: eUtopiumUPM ∞ Fair Distribution. Social Enterprise. Truth. Knowledge. Education.
when does the mining end .. is there a block explorer ?
its a whole year to mine 1 million coins.. lol. people are so dumb.. it is a great investment opportunity no doubt why they dump it like that is beyond me. maybe theyre really poor or something but whatever they dumped at if they waited couldve gotten 10 or 100x that if they were a bit more patient. after u dump and abuse a market like that investors get put off. utopium needs to figure out something exciting and new to take part in and gain some attention. the 1000 floor is pretty solid but we're just not getting any new investors atm and it seems old investors are also dumping at a loss losing faith in the coin. all in all id say things are looking pretty grim for utopia unless some new investors can be attracted.
Don't forget, the general state of the market is scaring away too many investors from most new coins... Being delayed to trex during the c-cex pump didn't help, either.
Looking back now, UPM would have obviously benefited from a more timely launch..... say, during the next wave of altcoin investors the market is clearly waiting for?
Until then, the future of UPM depends on whether those involved can provide something novel and genuine to the quickly shifting paradigm of the altcoin market. This means more than ideas.
Yeah, the market needs more philosophy. Period. Question is... will UPM be a competitor when the market is ready to indulge? It could definitely happen.
So, what's the next step.......?
...I think it's obvious.
The dev's want a strong community. Sure.
But to be an altcoin competitor with a strong community, it's becoming more and more clear every day that potential investors need to trust the dev's and we need to see some more useful code. If the dev's provide the trust and utility factors investors are now screaming for, the community can be built confidently for the next big wave and no one has to worry about the price...
Otherwise, I think UPM is unfortunately before its time.