UTRUST

[ubercool]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

I think the early buyers of pre sale will be the one who dump their coins for ICO price as they have got huge bonuses on the pre sale.

[addicto]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

I think the early buyers of pre sale will be the one who dump their coins for ICO price as they have got huge bonuses on the pre sale.

Indeed in every ICO this is happening the early always try to get advantage of the huge bonuses and low price what they got. It's game of profit but this is part of trading only strong hands remain for long term. There is nothing to be worry this project will awesome in long run.

[toolucky98]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

I think the early buyers of pre sale will be the one who dump their coins for ICO price as they have got huge bonuses on the pre sale.

Indeed in every ICO this is happening the early always try to get advantage of the huge bonuses and low price what they got. It's game of profit but this is part of trading only strong hands remain for long term. There is nothing to be worry this project will awesome in long run.

Yep, this project is a very good choice for long term investment.

[Sozialtourist]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

I think the early buyers of pre sale will be the one who dump their coins for ICO price as they have got huge bonuses on the pre sale.

Indeed in every ICO this is happening the early always try to get advantage of the huge bonuses and low price what they got. It's game of profit but this is part of trading only strong hands remain for long term. There is nothing to be worry this project will awesome in long run.

At least the tokens from the private round will be vested for 12 months. But I also think there could be a small dump from the pre-sale participants and bounty hunters.

[captainhera]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

I think the early buyers of pre sale will be the one who dump their coins for ICO price as they have got huge bonuses on the pre sale.

Indeed in every ICO this is happening the early always try to get advantage of the huge bonuses and low price what they got. It's game of profit but this is part of trading only strong hands remain for long term. There is nothing to be worry this project will awesome in long run.

Thats true!
This project will be great in the long run. This is an investment you do and you ignore it for a year.

You will see there will be a lot in return
Love this project

[Basicball]

UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. Team Tokens — REDUCED  ✅
We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

2. Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.
 
3. Private Investors — VESTED  ✅
We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year.
 

4. 500 Million Tokens — BURNED  ✅
We made the decision to burn 50% of all tokens today, prior to the end of our ICO, permanently reducing the total maximum supply by half. We now have a very limited number of tokens available for sale.

5. Public ICO — EXTENDED  ✅
Since all these structural changes will result in an improved value proposition, we would like to give everyone a fair chance to participate in our ICO. As a result, we have extended our ICO to end on 20 November 2017 at 2 PM UTC.

EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.

Seriously people, it's a great move.

For the people wondering if they'd given a reason why they extended: See 5

[sockpuppet1911]

there's always a dump at first. that's when you buy tokens cheaply.

It's not a written rule, there are a lot of projects that take off after ICO stage but usually they either hit hardcap fast or wait some time to launch in exchanges. Utrust already made a deal about exchanges if I'm not mistaken. So we see that in exchanges right after ICO. That may cause the dump from team and bounty participants.

Maybe bounty participants will dump their tokens, but team tokens are vested, along with the tokens of the private investors and US citizens.

The dump from bounty participants want be that big.
They still have a lot of backers who will buy at the dip. Think the value will only go up for this project.

I am not concedered about bounty dumps any more as much as presale quick flipping dumps. And actually with good projects like this, i'll just set up buys to pre ico prices from a start.

[Elkmar]

If nobody wants to buy from ICO then who do you think would buy this from market when it hit exchanges? I guess it will be straight dump after bounty payments. (Only if they pay to bounty participants though) I'm pretty skeptical about that.

What do you mean, did you watch how much was sold already ? Stop saying bullshit.

[Sozialtourist]

If nobody wants to buy from ICO then who do you think would buy this from market when it hit exchanges? I guess it will be straight dump after bounty payments. (Only if they pay to bounty participants though) I'm pretty skeptical about that.

What do you mean, did you watch how much was sold already ? Stop saying bullshit.

Well all he said is that there are still unsold tokens available during the ICO. And when these tokens don't get sold out, why should anyone be willing to pay even more than the ICO price on an exchange when he could have bought during the token sale?

I think the real increase in price will be when the first merchants successfully test the Utrust API and plan to implement UTrust in their shop.

[captainhera]

If nobody wants to buy from ICO then who do you think would buy this from market when it hit exchanges? I guess it will be straight dump after bounty payments. (Only if they pay to bounty participants though) I'm pretty skeptical about that.

What do you mean, did you watch how much was sold already ? Stop saying bullshit.

Well all he said is that there are still unsold tokens available during the ICO. And when these tokens don't get sold out, why should anyone be willing to pay even more than the ICO price on an exchange when he could have bought during the token sale?

I think the real increase in price will be when the first merchants successfully test the Utrust API and plan to implement UTrust in their shop.

Indeed!
As soon UTRUST release the payment system with the first merchants, price will increase.

Really hope they will have this ready really soon.
I heard they will be releasing something in December but not sure if this is true.

[pynetx]

Every ICO, people saying bounty dumpers will crush the price and i saw it never happen. Its just a small percentance who will dump their bounties. Mostly it will not affect the price and dumping also doesnt mean that they will sell to a low price.

Imho, in UTRUST's case, I think the dump would be minimal as this project could prosper sooner than expected.

a dump is always good for the people who somehow were not able to participate in the ICO.

[SEELE^^01]

some people should really start to read intensivly, start to think before writing an post.

anyways, ico is still running and hard cap will be reached.

[Jay2408]

If nobody wants to buy from ICO then who do you think would buy this from market when it hit exchanges? I guess it will be straight dump after bounty payments. (Only if they pay to bounty participants though) I'm pretty skeptical about that.

What do you mean, did you watch how much was sold already ? Stop saying bullshit.

Well all he said is that there are still unsold tokens available during the ICO. And when these tokens don't get sold out, why should anyone be willing to pay even more than the ICO price on an exchange when he could have bought during the token sale?

I think the real increase in price will be when the first merchants successfully test the Utrust API and plan to implement UTrust in their shop.

Indeed!
As soon UTRUST release the payment system with the first merchants, price will increase.

Really hope they will have this ready really soon.
I heard they will be releasing something in December but not sure if this is true.

Yes, seems they are a good deal ahead of schedule and plan first API tests  with selected merchants already in December.

[andriw]

there so much competitor that have same idea, so, what makes utrust different than the others and why we must choose utrust than the others?

[viljy]

Soon they will sell all 500 million. Another 7 days will continue selling. If you sell everything, then the team UTRUST tokens will not remain, as for bounty payments?

[haxllega]

there so much competitor that have same idea, so, what makes utrust different than the others and why we must choose utrust than the others?

That is a good question but I think there are not that many projects out there who aim to be like UTRUST.

[matjas]

If nobody wants to buy from ICO then who do you think would buy this from market when it hit exchanges? I guess it will be straight dump after bounty payments. (Only if they pay to bounty participants though) I'm pretty skeptical about that.

What do you mean, did you watch how much was sold already ? Stop saying bullshit.

Well all he said is that there are still unsold tokens available during the ICO. And when these tokens don't get sold out, why should anyone be willing to pay even more than the ICO price on an exchange when he could have bought during the token sale?

I think the real increase in price will be when the first merchants successfully test the Utrust API and plan to implement UTrust in their shop.

Well the value almost never raises rapidly after ICO, it will react to some announcements and they Utrust will catch an eye of future token buyers. Not everyone is willing to risk it with ICO but waits if the project actually evolves.

[the_donald]

Soon they will sell all 500 million. Another 7 days will continue selling. If you sell everything, then the team UTRUST tokens will not remain, as for bounty payments?

the team tokens will be set aside, same for bounty payments.

[s4mp1nt0]

Soon they will sell all 500 million. Another 7 days will continue selling. If you sell everything, then the team UTRUST tokens will not remain, as for bounty payments?

they only sell the allocated token to the ICO which is if im not mistaken is 70% of total token. the remaining 30% is dived to the team, marketing, bounty, etc.

[levyashin]

Evertime i check utrust page i saw that 3 million more token sold. I should check more i guess

By the way: 9988 backers and growing

Very little left for 10.000 milestone