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Showing 8 of 8 results by jjsum
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Topic
Board Altcoin Discussion
Re: what factor altcoin price depend ?
by
jjsum
on 13/04/2018, 06:46:26 UTC
The price depends on several factors, many.
For example, when it was announced that China would place restrictions, the price was negatively affected.
The same thing happened when it was said that South Korea would do the same.

Every time a large country, with a high number of transactions of any currency, announces restrictions, then the price decreases.

When it was announced that some reputable investors were investing in cryptos the price increase.
The same happens when a large company announces improvements or implementation of blockchain in its system.

For example microsfot includes support for blockchain in azure.

In short, when someone of weight speaks of support for crypto coins the price increases. When restrictions are announced, the price tends to fall.

Of course, there are other factors such as demand, acceptance, etc.



What factors can affect to price of altcoin? Can price of altcoin depend on world economic factors or economic occurrences?
Post
Topic
Board Tokens (Altcoins)
Re: UltraPoint Currency - Real Money for A Real World
by
jjsum
on 13/04/2018, 06:36:47 UTC
I would be interested in a more active participation in this process.

I find this project extremely interesting.



The idea  deserves attention. I will study the documents in more detail and , perhaps, I will support you on ICO, but even a cursory study it is clear that the project will be in demand among users.

Post
Topic
Board Speculation (Altcoins)
Re: Ethereum 2k in 2 months?
by
jjsum
on 12/04/2018, 10:03:33 UTC

It is highly unlikely to happen.

Do you think eth can reach 2k usd in 2 months time?
Post
Topic
Board Speculation (Altcoins)
Re: India does not ban Cryptocurrency
by
jjsum
on 12/04/2018, 09:50:48 UTC
Fake news or misinterpretations are very common and dangerous.
You should provide the links so as not to add more chaos to the existing one.



Yesterday, all the alarms were activated due to a public statement from the Reserve Bank Of India regarding new takeovers and actions related to cryptocurrency. In this statement, the bank recommends clients and customers not to trade in crypto currency and also prohibits institutions administered by them (financial institutions or banks in India) to deal with crypto currency, and with institutions that use crypto currency as part of their business model. Some people interpret this as a direct prohibition on all use of cryptocurrency within the borders of India. But interpretation is actually more pragmatic.
Post
Topic
Board Speculation (Altcoins)
Re: Which cryptocurrency has the best tech and team for year 2018 so far??
by
jjsum
on 12/04/2018, 09:42:25 UTC
Recently I was testing a Monero clone called Ultrapoint (UPX).

I tried mining, transactions, speed and buying and selling.
I think it deserves attention because it's a private and secure currency like Monero.

So I'd say together with monero they deserve a little attention.



Hello guys please can we  share  our comment on the best cryptocurrency team and technology for the year 2018 so far that we are sure of?? Wink
Post
Topic
Board Speculation (Altcoins)
Re: Would you recommend selling my Bitcoins now
by
jjsum
on 12/04/2018, 09:32:40 UTC
If you bought in December when the price was quite inflated, when you sell now you may lose a lot.

The price could keep falling, though it's unlikely. Either way, it is very likely that the price will recover and increase in the near future.


Hello guys please I need us to share our suggestions for those who joined crypto currency investment during the highest peak in November/December either  to sell their Bitcoins and other altcoin  portfolio now  and buy later in few weeks  at a lower price or just hold
Post
Topic
Board Speculation (Altcoins)
Re: Market will recover?
by
jjsum
on 12/04/2018, 09:21:47 UTC
The price of cryptos will continue to rise. That's inevitable.
Because they bring speed, security, ease and many other positive things.

Perhaps some cryptos will be more regulated as little-private coins such as Bitcoin and ethereum.

But that will only make way for more private currencies like Monero Ultrapoint, Zcash, dash and others.

The price will recover in a few months and then continue to grow more and more.




The cryptocurrency market have experienced almost 5 months of decline.
And there is no clear sign of recovery.
 How do you predict the future of the market?
Please tell me your opinion.
Thank you

Post
Topic
Board Tokens (Altcoins)
Re: UltraPoint Currency - Real Money for A Real World
by
jjsum
on 12/04/2018, 09:07:21 UTC
I don't share your views.

I started to do ultrapoint mining to find out how this new cryptomoney works.

What I found out is this:
The mining is very easy and in one hour of work with a medium capacity computer (I used a pc, i5, 8 CPU threads) you can get several UPXs in one hour.

If your computer works all the time, you get rewards every hour, several if your pc/linux is one of the most recent.

The speed of sending to other accounts is incredible. Averages about 70 seconds.

You can use the same mining account on several computers.

The android app works on almost everything. Enough to send, receive, store, protect your UPXs, etc. (QR code reading needs to be improved.)

When I got around 5,000 I wanted to try using them to buy something or get a few dollars for coffee or electricity.

At first I couldn't find any exchanges, so I wrote to the developers.

After about 48 hours I received an answer. They told me where I could buy products and they put me in touch with three buyers.

The results:

I was able to buy a $47 product ($0.0497500 by UPX)
I was able to sell about 3,000 UPX with a buyer at the price of (0.042 per UPX)

I might have gotten a better price if I had negotiated better or found other buyers, but the guy offered me this.

Then I tried to buy some UPX and I had to buy 1000 at a price of $0.0604 per UPX.

The only drawback I found was that during the transfer of the UPX to my buyer, I could not send the 3,000 at one time, I had to make several transactions to complete the amount.

Is ultrapoint mining justified? I'd say yes. Definitely. Definitely.

I was able to get a product ($47) + $126 in cash easily.

I could never do this by mining Monero, Etehereun, litecoin, Bitcoin or any other crypto.

The price is sure to continue to rise as developers say they are working on several projects. So it's best to wait a couple of months to sell the UPXs you get.

This is my appreciation and my research.

I suggest that before you take my results as definitive evidence you do your own research.


The more I dig, the more it smells at SCAM, sorry, but if you really intend to do a respectful project and coin, it seems you are quite off of the reality.




Go straight to the site for more information, the forum is not something that is updated daily.
About the exchange sites it has already been written previously that this is in the process of registration. Check the answer above.

Examples of sites:
About sites that accept, here you have one (mentioned in the ecosystem)
http://www.corentt.info

sites that distribute coins:
https://www.ultrapoint.cash

There are more.

As mentioned earlier, in this first stage ULTRAPOINT  is distributed mostly face-to-face, because it is intended to be a daily coin, for shopping in the corner store.


We are working on several stages of the project, but we advise you to do so:

 * Start mining (Windows, linux, server)
 * Join to team (Enter the github repository)
 * Download the Playstore app

To sell your coins write to info@ultrapoint.org and there we give you a list of buyers/sellers according to your country.


If you want more information, check out the project site that is being updated.


The project is already operational, 100% functional. You can start mining with software for Windows, Linux and Mac.

An Android version is also available(http://www.ultrapoint.org/download-android-app-playstore.html). There is a web version http://web.ultrapoint.org/and a creator of paper wallets (cold storage) http://wallet.ultrapoint.org/.

Actual uses:
At the moment it is being distributed as bonus, gift points, etc.

It is being used to pay for goods and services on certain pages, and offline businesses (see the "ecosystem" page on the project site).

It is being bought and sold online, and face-to-face (UltraPoint is intended to be used as a daily currency).

The ecosystem continues to grow, currently the registration process is under way in several Exchanges.



Hello.  Is this project still in development?

I would like to know more from the developer about the real uses.

Can you show proof of some of your statements?

Which exchanges (proof, please)
I don´t see any merchants accepting this crypto, your site states some companies, but they do not exist...
The roadmap is quite vague, can you explain more in detail what is the plan for this year.
Where is the coin being distributed?
Who are the team members?