Dear guy's and girls,

October 10th and 11th 2014 takes place in Las Vegas the largest global crypto mining event.

Look at: http://hashersunited.com/

Creators and Developers from various coins that operate under popular algorithms will speak frankly about:
- How their coin sits within the crypto currency landscape;
- Advancements in algorithms and future development updates;
- Predictions for the crypto currency sector
- And about much more

Among the presentations/speakers is also Charlie Lee of LiteCoin and a lot of more “big names” from crypto world.

The organization of the convention asked/invited Ultracoin/Bumface to take part and do a presentation about Ultracoin ChaCha algorithm.

We as management team think this is a big honor for our coin because there are only four other coin creators asked to do a presentation:
- Litecoin;
- Vertocoin;
- Mastercoin;
- Etherium;

We belief it is very important to take part at this convention and belief it can create big benefits for Ultracoin’s future by taking part of de exhibition, the network events and to do the presentation.

But as Bumface stated before; “Again the finances come into play since this trip would cost a few thousand dollars”.

If we want to take part with Ultracoin at the convention we need to do this professional and good. As mentioned by others before: We have only one chance to impress !

For taking part at the convention we calculated the following costs:
- Traveling
- Hotel
- Food and drinks
- Sponsorship at the exhibition includes space for a 6x3 ft table plus two chairs and incl. space for a pop up stand and listed as an exhibitor on the hashers united  
  website. Full conference pass for one staff member and 50% off for another staff member
- Making a new video and PowerPoint presentation about the UTC history and future and about the ChaCha scrypt benefits
- Printing flyers

It is quite simple, if we want to show and present UTC as an professional coin at this convention and we can impress the convention partners, the visitors and the media, UTC can benefit in the future of it. This is what we al do believe in. It can turn out in a big chance for UTC.

The cost will be at least around $ 3.500 to $ 4000,- (about 6,9 BTC).  This is a lot of money !!! Yes we know.

Our management team has a budget for taking part at this convention of 2,0 BTC.

This is the maximum budget at the moment because we have some other develop jobs going on which cost also some big BTC.

So now this is the moment we want to ask the community to step in.

We want to ask you to help the cause and do a donation.
Small or big, everything is welcome.

Please let us now if you are willing to help and donate, this so Ultracoin can take part at the largest global crypto mining event.

Total needed: 6,90 BTC to do everything professional and good.

Already available: 2,0 BTC from the UTC management team.

So rest us to find another 4,90 BTC by donations.

I am very curious to see if we can do this again as a community.
Together again for Ultracoin !

Warm regards,
Paul.


PS; if you want to help and donate then please replay and tell us for what amount of BTC we can count on you.

Next step will be that we open an BTC address and ask you to send your donation within a week to the address.  

.....I want to express that all that has been done in the past will stay that way. We won’t be inventing the wheel all over again......

.....A lot of the developments we doing are just going on from where the former UTC team got stuck or couldn’t get it done. Next to this we are working to bring new innovations and developments .....  

.....we must accept that not everything is possible as we like it to happen. In many cases or new developments we shall be depending on (selected) third parties....  

.....This we can only succeed in with the help of all you boys and girls!  Bottom line: We need you to help us ! .....  

.....Our active team can always use more people. If you feel you have something to add, or a specific task you want to do or are good at, let us know.....

If UTC team decides to participate at the convention and do the presentation it is very important that the team does it good prepared and professional.
Also the speaker must be very good prepared, must have some charisma and must have various promotional materials at his disposal.
I think to support the speaker there must be also a new video which tells everything about UTC in two minutes and there must be a story to tell with a powerpoint presentation.
Also there would be the need of flyers.
So I think the cost will be more than $3000,- and it needs to be prepared very careful and professional.
There is only one chance to impress.

Rapture, maybe an idea to do a voting if the community wants to help with donating ? Or just simple ask it the community ?

That's so they can mine with your prepaid miner. By the the time the miner gets to you, if ever, the ROI will be much much longer. All you have to do is look at the difficulty for LTC (over 21k the last time I looked) to know what's happening.

With al do respect Bumface....

How can you ask here again for money, for a conference in Las Vegas where is no certainty that this is good for UTC on the long term.

You ask here actually for a fund raising or an donation from the community of 5.2 BTC or an equal of 303,000 UTC.

That's quite something to ask the community ....

Your conference in Denmark was maybe good for your personal contacts but for UTC it did nothing on the long term.
So why we should raise and donate for you to go to Vegas this time ?
What is there to win for UTC with a certain guarantee ?

i have been asked to speak at a convention in las vegas, and we are now discussing the benefit.


It is a miners convention and the name is www.HashersUnited.com

but again the finances come into play since this trip would cost a few thousand dollars.

They have asked me to give a solo presentation on Ultracoin ,N factor and asic resistance and how this fits in the coin landscape.

 i am not familiar with giving solo presentations , I think i would get quite nervous, however the benefits are great ,just like last time in sweden its a great opportunity to meet new people and spread awareness.


this would cost at least 3000 dollars with a plane ticket and hotels so this is very tricky, i dont have a single asic yet, and alpha just moved the shipping from juli to september.


This event is on October 10th &11th , 2014 so there is no way i can mine 3000 dollars by then.

thankyou all for the messages. If I am to be honest we hold a considerable amount of UTC we want for a few reasons the coin to flourish. The biggest asset the coin has is the transaction speeds. We see this as a massive plus for the coin and in terms of acceptance. Paying via UTC is as quick as reaching for my wallet crabbing my cc card and typing the pin in. This should be one of its biggest marketing ploys. If in the future we do need to increase pool fees then we will always be open honest and upfront and give notice. We have set aside funds for the next 6 months minimum to pay for everyhing in term of the multipool. Allthough 6 months does not seem a long time it was only 6 months ago btc was around the 800-900 $ mark.... I / we welcome all ideas as to any feature or coins being minned on the multipool. I am currently on the move at the moment but will be able to update more this evening / tomorrow. But rest assured the multipool is coming and we are here to stay and to hopefully attract miners.

Thankyou for the quick reply. I have read the previous messgage and tbh it is a very vauge and understated e-mail / exscuse. But never mind. I will give you guys a little more info. The pool will up and runnig for beta this weekend. More details on that over our inital testing. I myself mined UTC from day one. But myself and paul ( business partner ) decided to sell most of our farm and we have concentrated solely on sha 256 asic machines and built it up at a steady and strong pace.we are now in a position allthough new members to bitcointalk we are not new to the crypto scene to help in the efforts of UTC, and help it to achieve its full potential. Our site tba will to start with not be the prettiest as we have worked on the backend more than front of shop :-) but it does what it says on the tin. We are also in the process of having it setup to auto payout unlike the cryptotrain pool that was done manually and at irregular times. We are aiming from the getgo to have a fully automated system. We will be following cryptotrains mehod to start with and having a ZERO pool fee, but wr have discussed and the maximum this will ever increase to will be 1.5% and one more thing we have started to discuss is the possibility of people donating as it does happen. If our miners start to do this we will eneter the donating miners into a sweepstake every week/fortnight/month whatever we think is best to win the pot. We are all here to make money but at the samr time we ALL can give a little something extra and this is our way :-)

Thanks craig (bigd)

Hahaha! No, my walls are always on the selling side. I only dump on crap coins and UTC is not one of them.
To be honest, I don't really understand why UTC doesn't have more support, it's a good coin.
I am not saying this to boost is value, since I doubt a post on a forum will affect its price, but 5 sec transaction time, Scrypt-Chacha algo?
I mean, from a practical point of view, it's better than most alt-coins, if anything, its place is up there next to VTC and Dark.

My only concern with UTC is the devs.

on the sell or the buy side?

FWIW I sent him a pm a week ago concerning another matter. No response so far.

TO ALL !!

THIS INVOLVES YOU ALSO !

WHY IS THE UTC WALLET AT CRYPTSY "UNDER MAINTENANCE" FOR A VIEW DAYS

THIS INVOLVES EVERYBODY, BUT CRYPTSY DONT ANSWER ON QUESTIONS !!!!

PLEASE LOOK AT YOUR OWN (under maintenance) UTC ACCOUNT AT CRYPTSY..... AND THEN ASK THE SUPPORT TEAM TO ANSWER YOU

As a community why don't we come up with ideas of things we want to see done with UTC maybe the Devs will listen and implement them just like when we made a fuss about going full POS and they stopped and listened so it's on all of us to do our part

Please don't insult my intelligence. There are only 12 X11 miners there now with highest hashrate of 54MH/s out of 240MH/s. You want us to believe they are there with 11 or 12 different wallet addresses. That would mean they are the only ones there. You need to do a little homework before you make yourself look any more clueless than you already have. I've supported this coin from day 1 but now I'm done. I sold off half my bag at 9000-8000. I will now unload the other half. Good luck, you're going to need lots of it.

Please, explain to me *HOW* going full POS is going to somehow take back all of the coins everyone has and put them into a secure vault where no one will sell. There are TONS of coins in circulation, going full POS will do NOTHING to stop dumping. Give me some sort of logical reason as to how this will stop people from selling coins already in their possession. People dump coins when they lose faith in the coin or feel the value is going down. It has NOTHING to do with the amount of coins generated in a given day.

Dear UTC Community Members,

We still have some serious bountys waiting for anybody who can do the job....

- Android Mobile Wallet                     15000 UTC
- iOS Mobile Wallet                           15000 UTC
- Android-Ultracoin Game                    5000 UTC
- iOS Game Ultracoin                           5000 UTC
- Windows Phone Ultracoin Game         5000 UTC
- Twitter Tipper Bot                             5000 UTC
- Google + Youtube Tipper Bot             5000 UTC

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. Anyway, 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.

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.

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.

@ RichardMiner, please be more polite and stop instigating irrational discussion. Everyone's words have value here, including your own, but you musn't deploy ad hominem attacks on other members, especially if you claim they are lying. You are only injecting hostility into the thread.

(...) I see UTC (which I once thought has great potential) has been used and abused by the owners (....)
.....POS does nothing but benefit large holders of a coin, which I guess suits the "new" owners just down to the ground, though I see no change in any leadership, merely his "mate" saying he's now in charge (convenient) it takes the small miners/investors out of the equation, well it takes miners out of the loop all together.  
You can't mine it, only way to make anything off it is to have mined it from the start and held.  
All they want right now is for mass buys so they can dump all over you's.  Not the first time, won't be the last

POS/POW together is a good idea, bot going 100% POS will be the end of UTC!!!
Obviously I have been mining longer then they have been developing!
Going full POS offers nothing new, it offers death.
.......
The dev team is not making enough money, and that is why they want to go POS.
They obviously have lots of UTC and no hashing power, that is why they want to go full POS.
They have been stealing shares from their new dev. pool since day one, now this.... OMFG

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....

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....