janggernaut
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January 24, 2018, 02:53:31 PM |
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according to the bounty thread the bounty pool is 50million tokens right? and divided into two, the random and specific bounty. so is this bounty pool have been adjust by the team? instead of 50M are they only giving out 25M? which will still be divided into two?
50 million tokens as bounty pool when UTK total supply was 1 billion token. After they reduced their supply to 500 million token, bounty pool also decreased a half to 25 million token (only if all 500 million token sold out). This amount still be divided by 2, 60% for spesific bounty and 40% for random bounty. It should be only approx 15 - 20 million token as bounty amount IMO.
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Jekwizor
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January 24, 2018, 06:03:56 PM |
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The vast majority of merchants are still afraid to accept cryptocurrencies.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F1%2AE-UJzamjwq5KbhAGJm2I3w.png&t=665&c=A56xzsDp0I38Pg) UTRUST is the first and only cryptocurrency payment platform offering buyer protection and crypto-to-cash settlements for merchants around the world. Let your business accept cryptocurrencies. Most of the world’s merchants in all industries are reluctant to accept cryptocurrency payments for a variety of reasons. Most likely, these merchants do not understand how the technology works and the few that do understand digital currency are almost always turned off by the volatility of coins such as Bitcoin, Ethereum, and Litecoin. If a merchant does not want to take on the enormous task of learning crypto, the team at UTRUST thinks they should not have to. There are many profitable ways to benefit from the class of people spending cryptocurrency, and it can be a totally “hands off” experience for the seller. In fact, UTRUST can enable sellers to significantly increase the potential sales in an instant — without any hassle or downtime. Instead of wasting time worrying about the intimidating new technology and the world of crypto, UTRUST will enable buyers to purchase what they want using cryptocurrency, and then the merchant gets paid in traditional fiat. This means that sellers do not need to change anything about their business at all, and they can still welcome the people who want to spend crypto — without ever touching it. https://medium.com/@UTRUST/why-the-vast-majority-of-merchants-are-afraid-to-accept-cryptocurrency-618cebaa82b8
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lennox_dan
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January 24, 2018, 06:21:01 PM |
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Investors won't be afraid of crypto in the nearest future, I'm sure.
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bradpeterson
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January 24, 2018, 07:05:30 PM |
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50 million tokens as bounty pool when UTK total supply was 1 billion token. After they reduced their supply to 500 million token, bounty pool also decreased a half to 25 million token (only if all 500 million token sold out). This amount still be divided by 2, 60% for spesific bounty and 40% for random bounty. It should be only approx 15 - 20 million token as bounty amount IMO.
Could you explain what is random bounty?
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jptrust
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January 24, 2018, 09:44:31 PM |
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https://imgur.com/a/tDhFaI just don't get it. What is there left to ask? The only question is how much was used for marketing. But the fact is the bounties are less than 25 mil.
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Diamond_Darrell
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♦♣♥♠
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January 25, 2018, 12:23:31 AM |
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I'm very sorry, but just in case, I'll ask here too - Friends and comrades, satisfy curiosity, answer to the question - for what was given an extra reward?
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Brattavito
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January 25, 2018, 01:00:25 AM |
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I'm very sorry, but just in case, I'll ask here too - Friends and comrades, satisfy curiosity, answer to the question - for what was given an extra reward?
I think those who are given extra reward are investors as a form of appreciation and I see UTK prices decline before the gift of bounties is distributed .
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kivo2004
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January 25, 2018, 01:01:15 AM |
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Utrust to the moon...
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_____ DSTRA (https://dstra.io) ▬ ● ▬ FROM COMMUNITY, COMES UNITY ▬ ● ▬ DSTRA (https://dstra.io) _____
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Avirunes
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January 25, 2018, 01:18:28 AM |
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50 million tokens as bounty pool when UTK total supply was 1 billion token. After they reduced their supply to 500 million token, bounty pool also decreased a half to 25 million token (only if all 500 million token sold out). This amount still be divided by 2, 60% for spesific bounty and 40% for random bounty. It should be only approx 15 - 20 million token as bounty amount IMO.
Could you explain what is random bounty? Random Bounty is the Bounty reserved for normal bounties like social bounty, signature, blog and media etc And specific Bounty was reserved for special purposes like local community management, short term social campaign's and facebook groups etc.
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EMS-007
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January 25, 2018, 08:47:06 AM |
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At current $0.47 price, i'm expecting this to go lower once the bounty is distributed and i'm waiting for that moment.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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purdie20
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January 25, 2018, 08:52:34 AM |
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A new website and news will come until the end of this month. So price will rise again. It is a great opportunity to buy it cheap now. Bounty will be distributed in batches so that it shouldn't influence the price too much.
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manusiakarton
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Your Data Belongs To You
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January 25, 2018, 08:55:31 AM |
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At current $0.47 price, i'm expecting this to go lower once the bounty is distributed and i'm waiting for that moment.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think it is very far if the UTK token drops lower if the bounty has been distributed, maybe just a little down because I see a very rapid development today.
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| | | | █████████████████ ███████████████████ █████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | WHITEPAPER AUDIO WP | | | ✓ Confidentiality ✓ Authenticity ✓ Integrity |
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Genesis07
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January 25, 2018, 10:25:00 AM |
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please drop to 1cent. i need to buy a chunkload of those tokens.
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solosergio
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January 25, 2018, 11:33:18 AM |
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The price since starting in the exchanges has fallen a lot! More than 60% loss. I think that is a big project but do not understand the reason for such a great fall!
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guydin
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www.fintropy.io
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January 25, 2018, 12:04:18 PM |
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It made me a great profit but i find waiting for bounties on bitcoin is safer for now.
After bounties, i would love to buy some cheap utrust's.
i think it is not gonna happend. most of hunters will hold this token. There is 25 million bounty token. Even %60 hold them (i think more will dump) 10 million will dump it. Kucoin can't handle that kind of dump. It may trigger a massive dump. I am waiting for it also. The bounty amount isn't fixed on 25 million token (i don't see dev saying about this on here). To all bounty hunter, ask your bounty question on UTRUST bounty thread, i saw on last 2 pages only full of bounty questions (most of them are about when the distrbution time). That is the fixed amount of the bounty 25ml...it has been confirmed by the dev and the bounty manager. No it isn't . Bounty pool shown in site or given by Nuno in telegram was a max total tokens to be distributed when tokens is fully issued. Otherwise I wouldn't have been waiting or have proceeded with 25M as token pool. Yesterday nuno gave me a rough figure of 19M as token pool but since it was not absolute/accurate count , I asked him to make it an accurate count and they are counting so. It will be out in few days. Just a little bit more..... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) according to these inaccurate data we can say that hunters for the bounty will receive about 7.4 million tokens. if this is so then this is a very generous bounty obtained... according to the bounty thread the bounty pool is 50million tokens right? and divided into two, the random and specific bounty. so is this bounty pool have been adjust by the team? instead of 50M are they only giving out 25M? which will still be divided into two? the real bounty pool is 2% wich is 10 million tokens.plus there is investors who did not pass kys. so number of sold tokens could be less than 500mln
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guavajelly
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January 25, 2018, 04:35:42 PM |
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We are at a good support level around 3900 satoshi. If it dips below who knows how far it can fall. The entire crypto market has been taking a beating lately, I am sure alot of this is FUD spread across the entire marketplace which is negatively impacting almost all tokens/coins. I bought in at the high and feel pretty negative about the direction of this price. I am hoping it can rebound to the 6000 satoshi level sooner than later. Anything more than that would be VERY optimistic. I don't see hitting the ATH until atleast april when their test api comes out OR july when they release their client API. Either way - this will be a long road back to recovery...unless big news comes out but that is only a hail mary. Im not gonna lie - I FOMO'd into this and regret it bigtime.
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captain8
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January 25, 2018, 04:40:57 PM |
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We are at a good support level around 3900 satoshi. If it dips below who knows how far it can fall. The entire crypto market has been taking a beating lately, I am sure alot of this is FUD spread across the entire marketplace which is negatively impacting almost all tokens/coins. I bought in at the high and feel pretty negative about the direction of this price. I am hoping it can rebound to the 6000 satoshi level sooner than later. Anything more than that would be VERY optimistic. I don't see hitting the ATH until atleast april when their test api comes out OR july when they release their client API. Either way - this will be a long road back to recovery...unless big news comes out but that is only a hail mary. Im not gonna lie - I FOMO'd into this and regret it bigtime.
I'm expecting UTK to see positive movements in Q2, hold tight until then!
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justdox
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January 25, 2018, 05:05:20 PM |
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I liked the project! Very much all is clear and it is accessible it is described in a white paper. A good idea of creating a payment gateway is really a new generation. Gradually, the number of tokens will decrease, increasing the value of the coin. I did not ignore the issue of resolving disputes, very productively thought out this issue. Good luck to the project, development and growth! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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lennox_dan
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January 25, 2018, 06:12:19 PM |
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I liked the project! Very much all is clear and it is accessible it is described in a white paper. A good idea of creating a payment gateway is really a new generation. Gradually, the number of tokens will decrease, increasing the value of the coin. I did not ignore the issue of resolving disputes, very productively thought out this issue. Good luck to the project, development and growth! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I'm sharing your opinion, good words by the way.
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