pynetx
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October 10, 2017, 08:04:09 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.
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sockpuppet1911
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October 10, 2017, 08:20:52 AM |
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I also think that UTRUST can grow enough to become a big platform. For exemple Paypie is enormous but not crypto friendly, so UTRUST have the features to take a lot of business, I think that utrust can easily become a huge paltform too.
For sure, there is not yet any noteworthy competitors that i am aware of, even though there is a demand of this kind of service. We have to give some credit to other projects with similar business concept like Bitpay and Monetha and not underestimate them. This would be a foolish thing to do and i am sure Utrust team has that in mind, that they have to offer some new solutions to be more attractive than their competition. Ah, i totally forgot those, ok i'll admit, there's competition. Still not sure if i should keep them as "noteworthy" tough
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Mystic90
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October 10, 2017, 08:22:08 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency
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Sozialtourist
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October 10, 2017, 08:33:31 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. And how do you think they could add a conversion mechanism for all of the zillion shitcoins that are out there!? That's just not possible. It's a good thing to just focus on the 10 major ones for the beginning.
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niklasmato
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October 10, 2017, 08:39:40 AM |
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The utrust coin can be exchanged for purchase or kept for long term and what is good is what will take value in time if this project keeps the same serious throughout its history.
i think it's better to keep it in long term as long as you have no good reason to buy things that you don't need. And yes, the value will increase. yes this is definitely a long term investment imo, integration and adoption will not happen overnight and they need more and more platform to use this payment system That's true. Look at how long it took Paypal to get a huge market cap. The good thing is that technology is moving faster and faster, so UTRUST could become the size of paypal in a much shorter time.
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Piggy
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October 10, 2017, 08:41:37 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency they are in fact KYC and AML compliant so no worries under that aspect, it's looking solid and following the laws
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alphashotgun
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October 10, 2017, 08:59:46 AM |
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The utrust coin can be exchanged for purchase or kept for long term and what is good is what will take value in time if this project keeps the same serious throughout its history.
i think it's better to keep it in long term as long as you have no good reason to buy things that you don't need. And yes, the value will increase. yes this is definitely a long term investment imo, integration and adoption will not happen overnight and they need more and more platform to use this payment system That's true. Look at how long it took Paypal to get a huge market cap. The good thing is that technology is moving faster and faster, so UTRUST could become the size of paypal in a much shorter time. utrust isquite nice imo but comparing it with the value of paypal is pretty early dont you think so?
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FIEX
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October 10, 2017, 09:00:10 AM |
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The utrust coin can be exchanged for purchase or kept for long term and what is good is what will take value in time if this project keeps the same serious throughout its history.
i think it's better to keep it in long term as long as you have no good reason to buy things that you don't need. And yes, the value will increase. yes this is definitely a long term investment imo, integration and adoption will not happen overnight and they need more and more platform to use this payment system That's true. Look at how long it took Paypal to get a huge market cap. The good thing is that technology is moving faster and faster, so UTRUST could become the size of paypal in a much shorter time. All project will take a while to succeed. Never been part of a project that had an extended userbase in no time. UTRUST will be small at first but will grow fast. It will be an option on a lot of e-commerce website in the following years. This is a great platform!
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telegdyd
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October 10, 2017, 09:05:13 AM |
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ico was conducted in several stages? before there was a start date ico the beginning of October, and now it's November
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Kakumei (OP)
Full Member
Offline
Activity: 210
Merit: 100
UTRUST Community Manager
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October 10, 2017, 09:08:58 AM |
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Dear community,
I am back at full capacity and am once again ready to take all of your questions.
At least once a day I will also be around to check the past few pages and see if I can clarify anything.
What a week it has been! Over 170 pages, this is just insane.
Thank you so very much for your support everybody!
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sockpuppet1911
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October 10, 2017, 09:09:13 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.
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levyashin
Sr. Member
Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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October 10, 2017, 09:21:28 AM |
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ico was conducted in several stages? before there was a start date ico the beginning of October, and now it's November
Nope, they had a presale and preico only and told that they will announce ico date first week of october. And they told like they said in first week of october that their ico will start at november 2nd,
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toolucky98
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October 10, 2017, 09:32:36 AM |
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Dear community,
I am back at full capacity and am once again ready to take all of your questions.
At least once a day I will also be around to check the past few pages and see if I can clarify anything.
What a week it has been! Over 170 pages, this is just insane.
Thank you so very much for your support everybody!
Finally, good luck with answering these dozens of new pages sir. Hopefully you can clarify everything
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niklasmato
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October 10, 2017, 09:36:06 AM |
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The utrust coin can be exchanged for purchase or kept for long term and what is good is what will take value in time if this project keeps the same serious throughout its history.
i think it's better to keep it in long term as long as you have no good reason to buy things that you don't need. And yes, the value will increase. yes this is definitely a long term investment imo, integration and adoption will not happen overnight and they need more and more platform to use this payment system That's true. Look at how long it took Paypal to get a huge market cap. The good thing is that technology is moving faster and faster, so UTRUST could become the size of paypal in a much shorter time. utrust isquite nice imo but comparing it with the value of paypal is pretty early dont you think so? I'm only saying that it won't take as long to reach the size of paypal due to the speed of which technolog is advancing. I'm not saying next month Remember that paypal started in 1998! It took them quite some time to grow until the company they are now. If Utrust can deliver what they are saying they can advance much more rapidly then paypal in the day
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matjas
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October 10, 2017, 09:50:00 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that. It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible.
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Sozialtourist
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October 10, 2017, 09:56:37 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that. It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible. Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already.
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matjas
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October 10, 2017, 10:04:23 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that. It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible. Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already. I'm not saying they should (they shouldn't, for that matter). I totally agree with you, we shouldn't mix these two worlds.
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Xenrise
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October 10, 2017, 10:35:12 AM |
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Am I right that the ICO would be on November? What particular date on November? I can search wide enough of information regarding UTRUSTs' ICo because I lost data on my internet.
They announces exact data already: ICO will be in November 2 2017. They preparing to ICO now. May be they will give to us some demo version Just opened my facebook account and I saw their ico date. Thanks for sharing this to me though. I am excited on their ico and on their platform.
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stormcleric
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October 10, 2017, 10:40:11 AM |
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I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.
I think that goes without saying, if you're planning to have payments in crypto and fiat. Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about. I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency Most people in the world use fiat. If you want to compete with other payment systems you need to target them first, and then introduce your coin/token system with advantages. Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that. It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible. Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already. I'm not saying they should (they shouldn't, for that matter). I totally agree with you, we shouldn't mix these two worlds.
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magisterr
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October 10, 2017, 10:45:57 AM |
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ico was conducted in several stages? before there was a start date ico the beginning of October, and now it's November
No, they had only pre-sale and private sale. Now they announced date of ICO - November 2. Also, they will have only one round of ICO with fixed price: 0,065$ per token.
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