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matjas
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November 06, 2017, 01:42:51 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. |
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loup
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November 06, 2017, 01:56:03 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. this decision was probably taken before knowing about bitcoin fork |
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toolucky98
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November 06, 2017, 02:09:29 PM
Last edit: November 06, 2017, 02:33:00 PM by toolucky98 |
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Actually, the bounty hunters will only have about 5% of the total token supply.
If the token's price is drop more than 5% , then its not only because of bounty hunters.
The thing is you wont prevent the dump if youre only thinking about bounty hunters.
Thats not correct. If someone of the bounty hunters sell the tokens 3 times under the ico value price will drop a lot. It all depends on what the ask as price. Lets hope after this ICO the price will go up instead of down  Nope, you really misunderstand it, that price should not last long. Let me help you to understand it : If the bounty hunters sell the tokens 3 times under the ico value, then they are the one who lose money, why? Because its like your boss gives you a lower salary than you should. And if maybe every bounty hunter wants to lose money that way, boom! that 5% of the total tokens are sold and the bounty hunters have lost their money. Then because its only 5% (small amount), the price will go up again according to the law of demand and supply. |
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alphashotgun
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November 06, 2017, 02:21:19 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. this decision was probably taken before knowing about bitcoin fork other projects announced to extend their ico during the ico too. its a little suspicious without any reason yeah but everybody who is aware of the fork issue will understand that- they could benefit from that for sure imho |
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viljy
Legendary
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Activity: 1932
Merit: 1223
Fully Regulated Crypto Casino
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November 06, 2017, 02:31:20 PM |
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All unsold tokens will be burned. This is undoubtedly very good. Then the tokens will be smaller, and the price should be normal. In addition, tokens will be constantly burned when the system is running, and this will also have a positive effect on the price.
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Piggy
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November 06, 2017, 02:43:59 PM |
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All unsold tokens will be burned. This is undoubtedly very good. Then the tokens will be smaller, and the price should be normal. In addition, tokens will be constantly burned when the system is running, and this will also have a positive effect on the price.
Yes when the system starts to be ised the more payments are made the more token are getting burned through the fees |
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SEELE^^01
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November 06, 2017, 03:25:57 PM |
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lol damn, this is really good news congratz and keep it up utrust team awww... need to buy more utrust tokens... |
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realknow
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November 06, 2017, 03:38:31 PM |
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lol damn, this is really good news congratz and keep it up utrust team awww... need to buy more utrust tokens... where can we buy untrust? |
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Kakumei (OP)
Full Member
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Activity: 210
Merit: 100
UTRUST Community Manager
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November 06, 2017, 03:44:36 PM |
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lol damn, this is really good news congratz and keep it up utrust team awww... need to buy more utrust tokens... where can we buy untrust? |
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Similificator
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November 06, 2017, 03:45:08 PM |
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maybe now is the right time to invest a little more bitcoin is pumping up due to the imminent segwit32x...
The price of bitcoin is already excessively high, I think after segwit2x correction is inevitable, then everyone will start to change to altcoins and here the Utrust will be waiting for success. I agree. A big correction on the price of bitcoin is bound to come after the segwit2x. There can be massive drops. Which in return will surely give way for altcoins to rise in price. This will really result in nothing but great for utrust. And i will be here sitting on my chair drinking whiskey counting profits. Lol |
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matjas
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November 06, 2017, 03:53:23 PM |
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Another great news by Utrust team, this exchange is one of the better small one and you made a right decision. |
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stormcleric
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November 06, 2017, 03:59:54 PM |
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Geez. These guys are taking the project very seriously. It's unvelievable not only the amount of partnerships they're building, but also their relevance. Congratulations! |
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Basicball
Member
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Activity: 188
Merit: 12
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November 06, 2017, 04:03:11 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration.
*They already hit soft cap, extending would only serve as a money grabbing move.
*if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
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Andre#
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November 06, 2017, 04:05:31 PM |
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Wow, although the crowdsale of Utrust still running but the devs worked hard and cooperated with exchanger website to list this token. I know Utrust project can not reach the hardcap until the end of crowdsale, but I still hope a miracle can happen  |
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Yasemin
Full Member
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Activity: 224
Merit: 100
Become Part of the Mining Family
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November 06, 2017, 04:08:15 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration.
*They already hit soft cap, extending would only serve as a money grabbing move.
*if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
Why would anyone suggest to extend ICO duration? It is bad for the token price and I agree it's a horrible idea. I hope they wont do it, it would hurt the trust of the people in utrust. |
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Jay2408
Full Member
Offline
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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November 06, 2017, 04:15:10 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration.
*They already hit soft cap, extending would only serve as a money grabbing move.
*if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
I agree with you, now extending the ICO wouldn't look good. They could have still done it just before the ICO started with the reason of segwit2x. But now, after hitting soft cap, it would look a bit greedy  After all, it was just an idea here in the thread and there's no reason to believe that they think about an extension. |
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pynetx
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November 06, 2017, 04:34:08 PM |
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Yes Utrust already announce a partnership with an exchanges, its pretty good, we will be able to trade token right after the ico. And i think that kucoin is a good exchanges, a nice hype on it, and Utrust has a pretty huge hype too.
I expect reputed projects like utrust to maintain a level and take time and efforts to decide about exchanges they want to list. They should avoid low volume and new exchanges at any cost . Rather than that, we have a new trend these days to lock the bounty token for a certain period of time so that they cannot dump them for cents. I think that will be better rather than holding off an exchange. Dumpers gonna dump. There's no point in forcing undeserving people to force to hold the tokens rather dump will create opportunity for the people who really trust in the project. |
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Mystic90
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November 06, 2017, 04:36:45 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration.
*They already hit soft cap, extending would only serve as a money grabbing move.
*if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
I agree with you, now extending the ICO wouldn't look good. They could have still done it just before the ICO started with the reason of segwit2x. But now, after hitting soft cap, it would look a bit greedy After all, it was just an idea here in the thread and there's no reason to believe that they think about an extension. Its super rigged if they extend ico after hitting softcap. I would loose all trust in utrust... |
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magisterr
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November 06, 2017, 04:47:33 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. people investing in 1-st days or in last day mainly. Good project raising money in short time, not necessary in long crowdsale. |
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