UTRUST

[kraterion]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

[Sozialtourist]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

[SEELE^^01]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

[cantdecide]

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want  a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used,  they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

You would add BTC? I don't know, for micropayments is useless, miners fees are too high! For example I think verge xvg is great for payments but it's number 81 right now on coinmarketcap, so I think community choice would be the best way

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

[Pajulapoiss]

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want  a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used,  they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

You would add BTC? I don't know, for micropayments is useless, miners fees are too high! For example I think verge xvg is great for payments but it's number 81 right now on coinmarketcap, so I think community choice would be the best way

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

Ye I agree, the community should have a say, in which currencies get accepted. Maybe a voting mechanism, connected to the weight of a wallet?

The more options the better of course.

[FIEX]

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

Ye I agree, the community should have a say, in which currencies get accepted. Maybe a voting mechanism, connected to the weight of a wallet?

The more options the better of course.

Like that idea!
Devs should take notes because great ideas here on this thread .

UTRUST has a large userbase, so they can easily do a voting. I'm sure that the coins are chosen will also profit this and I'm sure the price of that altcoin will rise

[viljy]

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want  a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used,  they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

4-5 top coins this is not enough. I myself can exchange coins in exchange for fiat money and pay the seller. Why do I need UTRUST then? Need many more types of crypto currency, which you can pay through UTRUST. Of course, it will create difficulties for them, but there is no easy way. Although there is one easy way - after the ICO tell investors goodbye. This is unlikely. We will see how events will develop in the near future.

Are you insinuating that there's a risk of this project being a scam or redundant? Utrust is needed because it makes the process of exchanging coins for fiat to pay a seller so much simpler.

I'm not hinting. But I always allow different possibilities for the development of events. Why does UTRUST need to make an exception? If objectively, then I'm for 5 minutes of time to myself exchange the crypto currency for fiat money and pay the seller. So UTRUST will give me 5 minutes of time? And it's all? The only advantage so far is the partnership with SOMA. If I sell something through SOMA. But SOMA has not even been launched yet. UTRUST needs to look for partners urgently. Its system needs to be integrated into many markets and stores.

[matjas]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

[alphashotgun]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

[the_donald]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

[haxllega]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

I think it's highly possible that some of the top 5 coins could be surpassed soon. There are so many ICOs recently that I think there should be at least one or two who have the potential.

[imtiazmahmood]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

I think it's highly possible that some of the top 5 coins could be surpassed soon. There are so many ICOs recently that I think there should be at least one or two who have the potential.

in my point of view there is alot of top project in blockchain. i think blockchain technology can use various fields. and in a lot of project i think Utrust is uniqueness project. that can be beat online payment methods.

[kraterion]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

Not every coin in top10 is meant for payments btw, they're more "assets". After BTC, I see LTC, dash, XMR, IOTA, ADA, ZEC

[SEELE^^01]

i am glad that paypal missed the opportunity to hop on the cryptohypetrain and implement it onto their system.

utrust can now take this opportunity and if they get more ppl to adapt it, it could happen, that they could rise like paypal did. but i think, that will take a long way.

[Sozialtourist]

i am glad that paypal missed the opportunity to hop on the cryptohypetrain and implement it onto their system.

utrust can now take this opportunity and if they get more ppl to adapt it, it could happen, that they could rise like paypal did. but i think, that will take a long way.

The thing is, as soon as PayPal realizes that there is a huge demand for paying with cryptocurrencies, they will add an option for themselves. Let us hope UTrust will already have gained the trust of a huge user base when that happens.

[bitcoin-shark]

UTRUST WORLDWIDE ✈️

We are actively looking for ways to improve awareness and build new partnerships before and after our ICO on the 2nd of November. Therefore, we would like to let everyone know that some of our team members will be representing UTRUST in major blockchain events around the world. If you are attending any of the events below, come and say hi! 👋

They are confirmed at:

• 23rd October, London, United Kingdom | 🇬🇧 Long Finance — Digital Currencies Trade Fair
• 31–1st November, New York, U.S.A. | 🇺🇸 Blockchain Economic Forum 2017
• 6–9th November, Lisbon, Portugal | 🇵🇹 Web Summit 2017
• 11th November, Tokyo, Japan | 🇯🇵 Blockchain & Cryptocurrency Conference
• 15th November, Zug, Switzerland | 🇨🇭 Switzerland Wealth Innovation Tour
• 22nd November, Zug, Switzerland | 🇨🇭 Blockchain Summit
• 28th November, London, United Kingdom | 🇬🇧 Blockchain Summit London Olympia
• 29–30th November, Singapore | 🇸🇬 Blockshow Asia
• 1–2nd December, Warsaw, Poland | 🇵🇱 Cryptocurrency World Expo

They have a very busy schedule, it is clear that the team is trying to make utrust extremely popular and it seems like it succeeds!

a list of very busy and intense commitments, all of which increases the popularity of the project...

[Elkmar]

i am glad that paypal missed the opportunity to hop on the cryptohypetrain and implement it onto their system.

utrust can now take this opportunity and if they get more ppl to adapt it, it could happen, that they could rise like paypal did. but i think, that will take a long way.

If Elon musk was still the CEO, things could have been interesting.

I'm surprise he is not involved in blockchain projects right now.

[mike0182]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

I also think that if they add 100+ different shitcoins, it will be trash. 10-20 highly liquid coins will be enough.

[tiger5056]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

top 5 is good enough. BTC, ETH, LTC, DASH, NEO such as

[sarriyan]

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

top 5 is good enough. BTC, ETH, LTC, DASH, NEO such as

I think in this case, they should apply "Pareto rule" as known as "80/20 rule". They should list the coins which cover about 80% total market cap such as BTC, ETH, Ripple, BCH, LTC, DASH, and so on...