Die
Difficult to walk every step
What the hell are we?

lol. I was just going to say the same thing.

I realize you're just trying to interpret, but there is an odd logical circle there.  Developers don't add value to the coin.... but we are to give them money to solve the problems we're having.... though they add no value. 

And I'm not going into the obvious statement of profit when most Devs take a chunk of it for themselves.  In this case, a very hefty chunk.  I don't care if it is supposedly going to be invested in the coin or not.  If UTC died tomorrow for some odd reason, He would still have ASICs worth a ton or potentially will make a ton of money with.  It's a win win.  If UTC doesn't die, he still has 100,000 UTC that was provisioned for himself.  That certainly seems like profit to me. 

The point of my original comment was, in the end, Bumface stands to profit one way or another, but seems unwilling to risk anything personally for it.  I don't think the statement was invalid and some don't see it as a problem.  From a technical standpoint it isn't, but it doesn't strike me as someone who really believes there is long term value as every nickel out of his pocket today seems to bankrupt him when he's sitting on a pile of premine gains that you all prop up through mining and trading.  You're already shouldering a ton of the work, I just get upset when I see something come up that, by every right, he should dip into his own funds to take care of, yet he asks again for your help. 

I'll give it to you all for dedication at this point, but don't completely be blind in your support just because you want to believe.  That's fanaticism. 

hi all,

Firstly I know nothing about mining and am an investor but trying to learn more and more as time goes by.

My question is with Scrypt asics coming and miners looking for alternate coins to mine such as Ultracoin, Vertcoin, Execoin etc etc, what % of coins will see gains from this? 5% - 40%??which coins are effected negatively

and When should we expect this to occur?

Your knowledge would be great to this computer novice.

Not sure why this is but it should be addressed. :/

As for your above questions, it is more or less impossible to give you an answer. There are way too many variable involved. I am sure we'll see a sharp shift in GPU mining allocation once the heavy hitting ASICs arrive, but for now, things seem stable.

That being said, we will have the answers to your questions and more in due time. I can assure you that.

All coins negatively effected.

Having a payment processor for any coin is a big deal, and in the long run is what will make the difference for any coin. Being able to use a coin to buy goods at a major retailer instead of having to trade it, move it around, wait for miners to dump and crash the price, etc. This is not blind faith, its legit.
 Why are you complaint about giving to a developer if you are not the one giving???

Why is the Reddit section private?

I'm skeptical because lets be realistic, at this point, this coin is not BTC, Doge, or LTC, and BTCx only takes BTC as far as I can tell.  Why in the world would they skip over coins that have 10 - 200 times the number of users for their next POS adoption?  You're damn right I'd expect to hear something positive out of their mouths about UTC publicly before they ever made a partnership.  Honestly, it just doesn't make sense to do it if I am them.

As for UTC, it makes all the sense in the world to court them, however impossible it may seem.  I'm not knocking the effort, just the viability of the tactic.  I don't like him asking for donations while dangling a carrot that I think is unobtainable.  I get responses like I got from the last guy that says how big of a deal this is. 

Lots of fantasies could be big deals, but it doesn't mean I have to give them any credence. 

I sincerely hope I'm wrong, I'd like to see any crypto be more widely accepted as a payment for good or services, especially one I own, but that doesn't mean I would invest in every crazy idea someone pitched that might get me there.

As for Bumface, I'd expect him to follow up on some of these pie-in-the-sky connections.  This is his baby, he should chase all the things more prudent investors should shun.  And it's great he has people backing him up doing it.  But coming back to my initial concern, he just seems unwilling to do any of it unless someone else is footing the bill.  That was the crux of every single post I made today, and that's the position I was arguing from.  I just don't like his tact in this situation.

Wow. There is not even a single coin on Coinwarz that is profitable to mine with a AMD GPU right now. LOL. 
However, if you have a nVidia 750 Ti, it's a different story as it uses half the electricity of equiv. AMD GPU.