Valuations look so tempting but considering how the who market is tied to BTC not sure what the floor can be...any opinion?

Impressive recovery. Breaking the FUDs. Please hang in there. The price is still so juicy to buy! Imagine, it is yet to hit any major exchange yet so ENTER now so even if there is a correction in the future after hitting the bigger exchanges (read: after pumping), you are still in the money!

what do you mean by this?

Go and check the volumes on Coinmarketcap.com for UTRUST. Only 3m worth of coins traded in the last 24 hours. When price rose last week volumes were over 50 million. Once we hit more exchanges and the platforms becomes well known in the market, liquidity will improve driving up both volumes and prices. These trades on thinly traded volumes never justify the fundamentals of any assets. You should also keep in mind, the price is still over 10 times the ICO price for some of the early investors so may be some of the small investors are panicking and taking profit. This is my view.

If you hold the coins, stay put. The whole market is down. Some of the amazing coins are down 20-30% in the last 24 hrs. I am buying at every dip.

There are hardly any volumes, so weak hands selling the coins which they will regret. There is an impressive line up of industry events and API test in April. I am buying at every dip.

Volumes are very low. Dont worry for now!

Many thanks for sharing your experience. I had a seamless experience with them. In fact, I invested in an another ICO during that time and the other team were part of a big corporate project but they failed miserably to keep things in order during the ICO/KYC and during the distribution stage. This team may look inexperienced from the outside but they are group of hungry young professionals who, in my view, will surprise the market with their roll out soon.

Some data points to illustrate how HUGE the potential is for UTRUST. They will have the first movers advantage.

Worlds total retail Sales were about $23 trillion in 2017. Expected to reach over $27 trillion by 2020.

Total crypto market cap is around $800 billion expected to reach about $5 trillion by 2025 as per the World Bank. This would definitely be an understatement though.

Paypal had over $10 billion in revenues in 2017 and a current market cap of $80 billion.

EDIT: E commerce retail sales were around $2 trillion in 2017, expected to go over $4 trillion by 2020

Hi everyone, I am one of the long-term holders of the UTK coin, having bought them at the ICO stage. So yes, I have made a good amount of returns but this project hasnt even realised 5% of its true potential so I am no where selling.

I feel sad after reading the majority of the activity here and on Reddit so I am just giving out my opinion below. You may take it as whatever you want but I am 100% sure if you believed in this project when you put down your deposits at the ICO/pre ICO stage, you would agree with me too.

The majority of the talk on this sub has been on price, which may not be bad as it will only drive the interest in the project but the real deal is to talk about development, chase the team on what they have been working on, have discussions regarding the project, provide ideas. Basically have a dialogue as one serious community which believes in the project. This can go very far from the short term pump and dump that people are trying to create. Price appreciation driven my genuine increase in the number of users knowing and invested in the great potential in the coin will eventually create long-term value not short term manipulation.

Secondly, I would request everybody to have some patience before we all start booking our lambo and etc. The project has just finished its ICO. The best we could help the UTRUST is by marketing the potential of the project on social media and beyond. The market cap currently is nowwhere what the platform's true potential is.

Lets get together and drive the coin into as many exchanges as we can. Again, I agree this will bring speculators initially too as well but along with that will come genuine long-term and new investors.

I request people from the UTRUST to be active on the sub and drive discussion which goes far far away than any other marketing campaign.

I have seen people being SMART A*** and trying to diminish the credentials of the UTRUST Team to deliver what they set out to. I would humbly request to them to STOP the FUD. The team at UTRUST comprise of amazing group of professionals and if you look at their success rate until now. They have delivered on all counts. So STOP being an A****

There has been some criticism regarding the lack of resources in the team. I would agree with that considering the size and scale of what the ambition of this project is. But guys, the team has just raised capital and they are already hiring and I am sure will continue to hire the best talent available in the market. Just have some PATIENCE!

Lets start talking about the next item on the roadmap with the team and how are they delivering on them. Remember, price ($5/10/15 whatever) is the end result and will eventually come if each and everyone of us push this project to be a great success.

The team is representing the platform at some major events around the world including the recently concluded CES in Vegas. They are serious people with a serious vision so lets rally with them.

Thanks

Comments welcome!!

NOT so GREAT Alex THE.... spreading FUD!

Told you never time the market if you are here for long term. Else it is OK

I would think they are releasing them in batches. On the price though, I wont have the courage to time the market so HODL for me!

Have they released the bounties?

Further market cap of $132 million is nothing for a project like this. Considering more coins coming into supply with Bounties, marketcap would become more attractive. Dont see any reason why Bounties should sell at such low market cap.

Sorry do you mean MEW is safe enough? I dont have Nano S either.

If ICO holders with 275 million coins have not sold dramatically even after this rise, what makes you think that Bounty holders will sell it and that too in one go (everyone)?

Please provide the link for Binance where we can request the listing.

Alternatively- UTRUST Team- Please, we need to be proactive and get the coins listed on bigger exchanges. We cant just wait for Hitbtc only. We need Binance, Bittrex, Poloneix...... Has the UTRUST team approached the exchanges yet?

Do we know average number of coins held by Bounty participant? Admin?

Bounties should have a locking period until the coins are listed on good exchanges and trading volumes are higher. If Bounties are released after the coins lists on Hitbtc, not much correction may happen. 

People selling have no idea about the potential of this coin. Look at UTRUST' market cap, think of the market size and then glance over crazy coins on Coinmarketcap top 50 (with no use case). This coin should be at least $1 billion market cap.