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Author Topic: UTRUST  (Read 313899 times)
bircoin
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January 15, 2018, 11:53:10 AM
 #9881

Bounty sells 10% or 20% of hunters immediately. Now most of the hunters are medium long term holders.

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maot4
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January 15, 2018, 12:06:12 PM
 #9882

Is the speculation that the short term drop is due to bounty holders cashing in? I still thin UTK has  greater potential than some of the coins/tokens listed above, especially with the online payments niche UTK is focusing on.
duongdaiduong
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January 15, 2018, 01:52:56 PM
 #9883

Keep UTK because this altcoin actually has more potential than all other altcoin. Right now UTK prices are falling and I think if UTK drops to $ 0.5 I'll buy in bulk and keep UTK until the end of the year because I am very confident of their development team.
Onetrack
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January 15, 2018, 02:40:36 PM
 #9884

Just read two analysis on this project and neither looked very good.

I am nearly 10k tokens in @ 89c but I'd like for this project to gain traction.

Have the concerns below been addressed?

https://crushcrypto.com/analysis-of-utrust/

https://cryptobriefing.com/utrust-ico-review-token-analysis/


"There are other competitors in the cryptocurrency payment solutions space, such as Monetha, Request, Coinify, CoinPayments, BlockPay, Cryptonator, and BitPay. UTRUST may not be the winner in this industry."

Monetha: only accepts eth, no buyer or seller protection, can only leave bad review if someone scams you.

Request: no fiat conversion, no buyer or seller protection, can only leave bad review if someone scams you.

Coinify: fiat conversion, but EVERY single review is bad. People got their coins 7-30 days after payments, got hit by market volatility, terrible customer service, tickets unanswered, bank wires delayed without reason. No buyer or seller protection.

Coinpayments: I'll just leave this here https://bitcointalk.org/index.php?topic=2164985.0
No buyer or seller protection. Oh, let me leave this here: https://bitcointalk.org/index.php?topic=1694776.0
SCAMMERS, beware using this! No fiat conversion, no buyer or seller protection.

Blockpay: No fiat conversion, vulnerable to market volatility, no buyer or seller protection, can only leave bad review if scammed.

Cryptonator:Let me leave this here: https://bitcointalk.org/index.php?topic=1470842.0
SCAM, no customer service, lost funds, no buyer or seller protection, no fiat conversion.

Bitpay: The most rediculous fees to have ever graced the crypto payment world. Charge miner fee that they set that is not actually a mining fee, on top of the actual mining fee on the blockchain, no buyer seller protection, no fiat conversion.



you tell me if those articles did their homework.


This is what I was asking. If the articles are TRUE then we've all lost, if they FALSE, then they're easily defended and the articles should be taken down.
i'm invested in TRUST, but that being said with the falling prices I am losing trust.
josgandosbro
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January 15, 2018, 03:33:43 PM
 #9885

How much has been given to bounty hunters ? Just to estimate the future dump
That thing still being discussed by UTRUST dev.  From my opinion, approx total bounty amount should be around 20 million - 25 million UTK token (5% from total supply).

20 million is a huge amount but i dont think so that bounty hunters will just dump there tokens without even thinking. Bounty hunters nowadays know how to hodl their rewards. Unless if you are noob.
there may be some bounty hunters who will throw away their tokens and some will hold the tokens because they already understand for a good income always be patient for it

Vini100
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January 15, 2018, 04:32:18 PM
 #9886

Just read two analysis on this project and neither looked very good.

I am nearly 10k tokens in @ 89c but I'd like for this project to gain traction.

Have the concerns below been addressed?

https://crushcrypto.com/analysis-of-utrust/

https://cryptobriefing.com/utrust-ico-review-token-analysis/


My gut feeling says, utk is waiting for next pumping. Did they already listed in some big exchanges other than Kucoin? They mentioned about HitBTC soon.. Is that already done?
UTK will be listed on HITBTC at Jan 19th

5 more days to go for listing. Probably after listing in HitBTC, another pumping might come then. Looking foward for thatand holding my UTKs tight.

Some tokens have sharply increase (pump) with a new exchange.
We can expect a good surprise on Friday.
I hold my UTK (from ICO) long term but I will still buy it before Friday on KUCOIN.
lennox_dan
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January 15, 2018, 04:47:47 PM
 #9887

Is it correct guys that the exchange rate of UTRUST tokens depends on the quantity and quality of operations in the payment system?
guavajelly
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January 15, 2018, 05:33:52 PM
 #9888

I am beginning to feel like a bag holder. Unfortunately I bought in at 1.36 thinking the okex and hitbtc listings would push the price higher.  I was completely wrong and see Every one is now dumping this token. It could just be weak hands afraid of losing more money.  I'll have to HODL and pray whales come in and scoop up tokens at major discount.
mariner_southampton
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January 15, 2018, 05:36:10 PM
 #9889

I am beginning to feel like a bag holder. Unfortunately I bought in at 1.36 thinking the okex and hitbtc listings would push the price higher.  I was completely wrong and see Every one is now dumping this token. It could just be weak hands afraid of losing more money.  I'll have to HODL and pray whales come in and scoop up tokens at major discount.

Volumes are very low. Dont worry for now!
Kirky
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January 15, 2018, 05:59:14 PM
 #9890

How much is token price right now?
Actually it's 0.59$/UTK. Also it's possible to track price 24/7 on https://coinmarketcap.com/currencies/utrust/
lennox_dan
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January 15, 2018, 06:00:08 PM
 #9891

I am beginning to feel like a bag holder. Unfortunately I bought in at 1.36 thinking the okex and hitbtc listings would push the price higher.  I was completely wrong and see Every one is now dumping this token. It could just be weak hands afraid of losing more money.  I'll have to HODL and pray whales come in and scoop up tokens at major discount.
I'm sure it'll be okay, just keep monitoring the situation. However, don't invest of you're not sure.
Kirky
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January 15, 2018, 06:04:02 PM
 #9892

Just read two analysis on this project and neither looked very good.

I am nearly 10k tokens in @ 89c but I'd like for this project to gain traction.

Have the concerns below been addressed?

https://crushcrypto.com/analysis-of-utrust/

https://cryptobriefing.com/utrust-ico-review-token-analysis/


My gut feeling says, utk is waiting for next pumping. Did they already listed in some big exchanges other than Kucoin? They mentioned about HitBTC soon.. Is that already done?
UTK will be listed on HITBTC at Jan 19th

5 more days to go for listing. Probably after listing in HitBTC, another pumping might come then. Looking foward for thatand holding my UTKs tight.
The most important that after hitbtc's pump, the price should fixe and shoudn't go down. Personally I hate pump because just after it there is a big dump and all these speculations don't let a coin to have the normal, organic growth Sad
Kirky
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January 15, 2018, 06:07:08 PM
 #9893

How much has been given to bounty hunters ? Just to estimate the future dump
That thing still being discussed by UTRUST dev.  From my opinion, approx total bounty amount should be around 20 million - 25 million UTK token (5% from total supply).
I have just visited the bounty thread, there is writting that Bounty Budget is: 5% of Total issued UTRUST Tokens- 50 MILLION UTRUST TOKENS. Nevertheless I don't think thath hunters will go directly sell all their coins...
guavajelly
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January 15, 2018, 06:15:11 PM
 #9894

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?
lennox_dan
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January 15, 2018, 06:30:48 PM
 #9895

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?
Are you sure you haven't missed up notions? Besides, not after each exchange the price of tokens can grow.
EarthshakerX
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January 15, 2018, 06:37:44 PM
 #9896

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

You are right, i have written don the supply from 2 days ago, it was 325M now it is 204M. They have reduced the supply somehow, to prevent the price loss, otherwise the price would now be 0.38$ instead of 0.61$
This is a scam coin, obviously, if they are doing this kind of manipulation.
Avirunes
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January 15, 2018, 06:38:28 PM
 #9897

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.
EarthshakerX
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January 15, 2018, 06:56:00 PM
 #9898

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.

You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...
kraterion
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January 15, 2018, 06:56:52 PM
 #9899

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

It will grow when they'll deliver, that's it. Short term maybe you'll see some pump and dump if a whale decide to pump it just before bounties distribution

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bandar
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January 15, 2018, 07:28:02 PM
 #9900

Why is the price sinking? Shocked
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