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RonMank
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January 17, 2018, 07:46:18 PM |
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What happen with the telegram channel? They changed their telegram channel?
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Pastrana044
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January 17, 2018, 08:00:47 PM |
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When will be distribution tokens for Bounty members?
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Partizant
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January 17, 2018, 08:19:00 PM |
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When will be distribution tokens for Bounty members?
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jptrust
Newbie
 Offline
Activity: 4
Merit: 0
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January 17, 2018, 11:55:56 PM |
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Hi guys, holder here. If you are in from ico, no reason to do anything unless cash is needed. Currently there is lack of value in crypto for consumers. utrust is providing this which is truly helpful for mass adoption + there is huge value for businesses as of chargebacks. Very solid. Just my 2 cents.
I wanted to ask how are utrust tokens used inside the platform? When you connect your wallet you should first convert crypto to UTK tokens to have available balance for shopping or does it happen automatically so that it will pick the amount from one of your wallets and converts to UTK and then to fiat?
Also, utrust seeing increased usage, isn't there demand increasing for UTK within the platform? If there is 1 million $ payments through utrust on ecommerce, utrust volume would be 1 mil?
What happens when utrust converts tokens to fiat for the merchant. Do the tokens go back into circulation?
My apologies if it's explain within the whitepaper.
Thanks and keep waiting. We have been only on the market for some days.
"Each time a buyer pays with any cryptocurrency via the UTRUST payment platform a percentage of the transactional fee will be used to buyback UTK and to remove them from the market. The removed tokens will be burned. This will reduce the amount of UTK supply further driving demand, the adoption of the platform and the value for contributors. The amount of UTK was projected to be reduced from the initial 1 billion to a minimum cap of 100 million, at a rate no faster than 50 million a year. Considering that the total amount of tokens was reduced upon the extension of the ICO, this reduction will be prorated. The higher the volume of transactions in the UTRUST platform, the higher the potential market value of the token. A percentage of the transaction fee will be removed from the pool in each market transaction, and the more the UTRUST platform is used (with any supported crypto-currency), the further the supply of UTK will decrease, a built-in adjustment that acts as our self-stabilization mechanism. " Thank you for pointing this out. Real value product, early investors trust it and get price higher, product updates and launches will drive it further and for the cherry on the top the usage of the product drives demand further. |
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DoctorTussin
Newbie
Offline
Activity: 29
Merit: 0
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January 18, 2018, 02:21:33 AM |
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Some one made probably his biggest mistake in cryptos by selling his utks to me at price 3000  **16.1.2018 10:14 utc, never forget ** |
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numanoid
Legendary
Offline
Activity: 1890
Merit: 1148
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January 18, 2018, 02:28:20 AM |
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Some one made probably his biggest mistake in cryptos by selling his utks to me at price 3000 **16.1.2018 10:14 utc, never forget ** It's obviously one of his biggest mistake. Why the heck people sell good token on cheap price like that? Because of panic sellling on yesterday? |
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DoctorTussin
Newbie
Offline
Activity: 29
Merit: 0
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January 18, 2018, 05:41:34 AM |
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Some one made probably his biggest mistake in cryptos by selling his utks to me at price 3000 **16.1.2018 10:14 utc, never forget ** It's obviously one of his biggest mistake. Why the heck people sell good token on cheap price like that? Because of panic sellling on yesterday? My evaluation is that we have approximately 20-50 million rookies out there, with no more than 1-2 months experience from the crypto investing. This makes the field so juicy at the moment. Feels like Im living the poker boom again. |
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foolishorient
Newbie
Offline
Activity: 86
Merit: 0
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January 18, 2018, 11:59:12 AM |
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Some one made probably his biggest mistake in cryptos by selling his utks to me at price 3000 **16.1.2018 10:14 utc, never forget ** It's obviously one of his biggest mistake. Why the heck people sell good token on cheap price like that? Because of panic sellling on yesterday? My evaluation is that we have approximately 20-50 million rookies out there, with no more than 1-2 months experience from the crypto investing. This makes the field so juicy at the moment. Feels like Im living the poker boom again. lets remember this quote on page 516  merchants are coming |
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DynamQ
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January 18, 2018, 12:07:47 PM |
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When will be distribution tokens for Bounty members?
good news, I hope everything will happen it just seems to me that this market decline will not last long... |
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Kuchiyose
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January 18, 2018, 01:23:39 PM |
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When will be distribution tokens for Bounty members?
good news, I hope everything will happen it just seems to me that this market decline will not last long... This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again.  |
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lennox_dan
Newbie
Offline
Activity: 70
Merit: 0
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January 18, 2018, 03:01:29 PM |
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This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again. And it repeats again and again:) Still this is the part of important things to follow to be successful and get incomes in ICO projects. |
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Domp1
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January 18, 2018, 03:27:53 PM |
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Utrust is providing a very good strenghts here in these times. Yesterday the only green coin i got besides neblio. This is a very good sign for us, if people dont dump them even in corrections
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andlove99
Newbie
Offline
Activity: 1
Merit: 0
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January 18, 2018, 03:41:09 PM |
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good news, I hope everything will happen it just seems to me that this market decline will not last long... This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again. that's right ! We all need to calm down and hold UTRUST to die |
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bradpeterson
Newbie
Offline
Activity: 42
Merit: 0
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January 18, 2018, 09:47:38 PM |
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that's right ! We all need to calm down and hold UTRUST to die Yeah, the main idea is not to give up because growth is usually coming after fall |
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Nixeus
Full Member
Offline
Activity: 144
Merit: 100
Hello, i'm Nixeus :)
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January 19, 2018, 09:40:15 AM |
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Hello,
No Wallet for utrust ?
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ASICHEAD
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January 19, 2018, 10:42:53 AM |
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When will be distribution tokens for Bounty members?
good news, I hope everything will happen it just seems to me that this market decline will not last long... This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again. that's right ! We all need to calm down and hold UTRUST to die LOL ! I think we are just at begin of the story to dump the price of UTRUST by the whale. If my prediction is not wrong, in next time, after the bounty distribution completed, the price of UTRUST will below $0.3 soon, hehe. |
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maot4
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January 19, 2018, 10:54:57 AM |
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When will be distribution tokens for Bounty members?
good news, I hope everything will happen it just seems to me that this market decline will not last long... This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again. that's right ! We all need to calm down and hold UTRUST to die LOL ! I think we are just at begin of the story to dump the price of UTRUST by the whale. If my prediction is not wrong, in next time, after the bounty distribution completed, the price of UTRUST will below $0.3 soon, hehe. That would not be a good then, but then it will also be an opportunity to buy cheap again before the prices goes back above its ATH |
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quierx16
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January 19, 2018, 11:20:01 AM |
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When will be distribution tokens for Bounty members?
good news, I hope everything will happen it just seems to me that this market decline will not last long... This not only take a while if the price drops dramatically at this time. it's time we wait for the price to rise again. that's right ! We all need to calm down and hold UTRUST to die LOL ! I think we are just at begin of the story to dump the price of UTRUST by the whale. If my prediction is not wrong, in next time, after the bounty distribution completed, the price of UTRUST will below $0.3 soon, hehe. that will be a good time to buy if the price drop to $0.3. the ATH is $1.5 it will still surpass that we just need patience.. |
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Avirunes
Legendary
Offline
Activity: 3094
Merit: 1468
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January 19, 2018, 03:59:00 PM |
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Hey guys
Where is HITBTC listing? Its 19
Well it was announced like one week from 12th Jan I guess. Currently some of the tokens/coins listings have been moved to later date as HitBtc are having some system upgrade (as I heard from other project's chat) Though I may be wrong here as well. |
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AlexTheGreat
Newbie
Offline
Activity: 19
Merit: 0
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January 19, 2018, 04:54:48 PM |
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Hey guys,
I was not spread FUD but just surfing the SEA (Sceptical Educated Analysis; it is copyrighted by me);
As I mentionned, UTrust fooled Token holders; they released more token without altering the community or voting the thinf, that is a fact.
Thare was 170.000.000 tokens when I bought UTrust. When it went beyond 1.1, they just put additional tokens and guess what? We haven't benefited from it.
So that is a first argument right? Mistrust with Token management. Ripple can be subjected to this and many other Crypto Projects abuse of this. Not good to me.
Second point: they are active in the segment with THE MOST COMPETITION;
literally hundreds of coins brings such idea on the market. However, although they marketing team is excellent, they haven't more arguments than others.
And there is more to tell but yeah I won't spread the FUD.
Among the weak points, Token Management demotivated me; I sold, and I was lucky cause solding at a price > 1.1 was actually a winning bet.
Always trust your guts, and surf the SEA to warn crypto-buddies
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