UTRUST - page 11. | Bitcointalksearch.org

wwzsocki

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Quote from: o48o on November 16, 2019, 12:16:29 PM

Well it got listed on bithumb Oct.09, so that explain the wash trading volume spike there. I never before had to look about bithumb closer so i didn't realize before that they were so obviously wash trading. It's shame really. It makes the coinmarket chart unreadable as you can't look for the accumulation volume.

I think this is not good for any altcoin to be on an exchange which is boosting the volumes using wash trading or any other way to do this.

At some point, CoinmarketCap started to provide the reported and adjusted volumes for cryptocurrencies but this doesn't seem to work in this case.

As we can see there is totally no difference and faked Bithumb volumes are this same on both screens.

o48o

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Quote from: wwzsocki on November 15, 2019, 06:09:29 AM

Additionally, we can clearly see on the CMC price chart for Utrust that fake volumes from wash trading are added because this is just impossible that price hasn't reacted to such a volume change. Normally when volumes grow from 1 million to 25 million a day, then the price should go up also and as we can see this is not the case whit Utrust.

Death and almost flat price line, despite that the volume is exploding lately, this is obvious wash trading and fake volumes in play, watch out!!!

Well it got listed on bithumb Oct.09, so that explain the wash trading volume spike there. I never before had to look about bithumb closer so i didn't realize before that they were so obviously wash trading. It's shame really. It makes the coinmarket chart unreadable as you can't look for the accumulation volume.

wwzsocki

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Quote from: Diamond_Darrell on November 10, 2019, 04:37:07 PM

The price is now kept in the ICO price area, this indicates the seriousness of the project...

It's obvious that you have no idea what are you talking about. The ICO price for UTK was 0.0650 USD and the actual price for Utrust on CMC is $0.018709 USD.

Which is almost 3.5 times less as the ICO price.

Additionally, we can clearly see on the CMC price chart for Utrust that fake volumes from wash trading are added because this is just impossible that price hasn't reacted to such a volume change. Normally when volumes grow from 1 million to 25 million a day, then the price should go up also and as we can see this is not the case whit Utrust.

Death and almost flat price line, despite that the volume is exploding lately, this is obvious wash trading and fake volumes in play, watch out!!!

cryptothreads

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Quote from: kapalmabur on November 14, 2019, 07:21:18 AM

Quote from: o48o on November 13, 2019, 06:06:43 PM

Quote from: kaneki007 on November 13, 2019, 12:31:27 PM

Great news for UTRUST holder, there is a new merchant from Alternative Airlines. I increasingly want to buy more tokens for long-term investment Grin

https://twitter.com/UTRUST/status/1194555623620448256

Nice! Now this is something i could finally work with. Seems like i still have time to get back in on the price-wise. Thanks for sharing.
I have to check all the details first though because this is almost too good to be true.

I'm sure Utrust can follow the bull's when altcoin season comes !, Development of Utrust is already good,
Bithumb wants to provide a place for UTK and that's an interesting one, if Binance wants to give its place I'm sure UTK will go up

I think project should now focus more on project development because listing at another exchange is unnecessary because UTK is currently very stable. In my opinion, UTK needs to have a new plan in 2020 so that this coin can increase prices because I know that the UTK value is still much lower than in the beginning so I hope the value will improve.

I still follow this project every month and put a lot of faith in the development team because they have never left this project and have continued to work for the past few years.

kaneki007

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Quote from: kapalmabur on November 14, 2019, 07:21:18 AM

Quote from: o48o on November 13, 2019, 06:06:43 PM

Quote from: kaneki007 on November 13, 2019, 12:31:27 PM

Great news for UTRUST holder, there is a new merchant from Alternative Airlines. I increasingly want to buy more tokens for long-term investment Grin

https://twitter.com/UTRUST/status/1194555623620448256

Nice! Now this is something i could finally work with. Seems like i still have time to get back in on the price-wise. Thanks for sharing.
I have to check all the details first though because this is almost too good to be true.

I'm sure Utrust can follow the bull's when altcoin season comes !, Development of Utrust is already good,
Bithumb wants to provide a place for UTK and that's an interesting one, if Binance wants to give its place I'm sure UTK will go up

I think that bithumb has fake volume for utrust and i prefer other exchangers compared to bithumb, but i also hope that one day utrust will list on binance exchangers so that it can raise prices and more people know about utrust and add more partnership Grin

kapalmabur

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Quote from: o48o on November 13, 2019, 06:06:43 PM

Quote from: kaneki007 on November 13, 2019, 12:31:27 PM

Great news for UTRUST holder, there is a new merchant from Alternative Airlines. I increasingly want to buy more tokens for long-term investment Grin

https://twitter.com/UTRUST/status/1194555623620448256

Nice! Now this is something i could finally work with. Seems like i still have time to get back in on the price-wise. Thanks for sharing.
I have to check all the details first though because this is almost too good to be true.

I'm sure Utrust can follow the bull's when altcoin season comes !, Development of Utrust is already good,
Bithumb wants to provide a place for UTK and that's an interesting one, if Binance wants to give its place I'm sure UTK will go up

o48o

legendary

Activity: 3052

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Leading Crypto Sports Betting & Casino Platform

Quote from: kaneki007 on November 13, 2019, 12:31:27 PM

Great news for UTRUST holder, there is a new merchant from Alternative Airlines. I increasingly want to buy more tokens for long-term investment Grin

https://twitter.com/UTRUST/status/1194555623620448256

Nice! Now this is something i could finally work with. Seems like i still have time to get back in on the price-wise. Thanks for sharing.
I have to check all the details first though because this is almost too good to be true.

kaneki007

sr. member

Activity: 1204

Merit: 257

Great news for UTRUST holder, there is a new merchant from Alternative Airlines. I increasingly want to buy more tokens for long-term investment Grin

https://twitter.com/UTRUST/status/1194555623620448256

Apened

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Quote from: o48o on November 12, 2019, 08:51:46 PM

Quote from: Kriptobt1 on November 12, 2019, 10:09:17 AM

UTRUST will go to BlockShowAsia event in Singapore this week to bring together more than 200 blockchain experts

This is the first think i am actually impressed that utrust is doing. This event has huge players in it and it's the perfect place to do some networking.
I am just impressed, even though they don't seem to have a speaker there. My expectations have gone pretty low with this, even visiting at big conference gives me hope now.

Actually Utrust team is actively going to the big crypto events and maybe they are looking forward to meet new other people, investors and probably new business partners to collaborate with them. Even Utrust price was still low its time is not wasteful because the team keeps working although out the beat market.

o48o

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Quote from: Kriptobt1 on November 12, 2019, 10:09:17 AM

UTRUST will go to BlockShowAsia event in Singapore this week to bring together more than 200 blockchain experts

This is the first think i am actually impressed that utrust is doing. This event has huge players in it and it's the perfect place to do some networking.
I am just impressed, even though they don't seem to have a speaker there. My expectations have gone pretty low with this, even visiting at big conference gives me hope now.

Kriptobt1

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UTRUST will go to BlockShowAsia event in Singapore this week to bring together more than 200 blockchain experts

shinratensei_

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Quote from: Diamond_Darrell on November 10, 2019, 04:37:07 PM

Quote from: hush on November 09, 2019, 05:38:33 AM

It is very scary thing to look over the recent price especially when you bought at the top and still holding with the hope to get recover but it is not moving forward in that direction to see this happening soon.

The price is now kept in the ICO price area, this indicates the seriousness of the project. It will be scary when the price drops even lower. But it is very unlikely

How is it possible? So many icos are getting serious, and they are still trading above the ico price. But UTK is trading below the ico price, and this is a reliable source for that
https://icodrops.com/utrust/

I feel curious about where are you getting the ico price of UTK while some reliable sites are saying if this coin is under the ico price.

It's not likely utrust will go even higher than this level. I don't also see what product that has been made. The price of UTK will be affected by how good a product that has already created by the team. it can be a good indication rather than judge this one based on the opinion while there were the facts.

kaneki007

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Quote from: Diamond_Darrell on November 10, 2019, 04:37:07 PM

Quote from: hush on November 09, 2019, 05:38:33 AM

It is very scary thing to look over the recent price especially when you bought at the top and still holding with the hope to get recover but it is not moving forward in that direction to see this happening soon.

The price is now kept in the ICO price area, this indicates the seriousness of the project. It will be scary when the price drops even lower. But it is very unlikely

The lowest utrust price touched 0.15$ so the possibility of a fall may still occur if the situation is still not recovering. I also don't want prices to go back down anytime soon, and it seems that the list of new exchangers doesn't give positive trend in utrust

Diamond_Darrell

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Quote from: hush on November 09, 2019, 05:38:33 AM

It is very scary thing to look over the recent price especially when you bought at the top and still holding with the hope to get recover but it is not moving forward in that direction to see this happening soon.

The price is now kept in the ICO price area, this indicates the seriousness of the project. It will be scary when the price drops even lower. But it is very unlikely

hush

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It is very scary thing to look over the recent price especially when you bought at the top and still holding with the hope to get recover but it is not moving forward in that direction to see this happening soon.

Diamond_Darrell

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Quote from: o48o on November 01, 2019, 07:31:55 PM

Quote from: Diamond_Darrell on November 01, 2019, 04:56:36 PM

*snip*
joke, actually the volumes speak for themselves, everything will be fine

Take a look at the orderbooks vs recent sales on bithumb UTK / ETH pair. Those utk buys happen between the walls thin as 2000 - 200 utk are sometimes more then hundred times over the actual market maker buy/sell orders, They are not even touching the buy/sell walls. It's classic wash trading.

Take a look :

Or go and take a look at yourself, walls are not even touched with that volume.

please, quieter, no need to create a panic, UTK holders will need to sell it to someone)) It is advisable for $ 1

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Diamond_Darrell on November 01, 2019, 04:56:36 PM

*snip*
joke, actually the volumes speak for themselves, everything will be fine

Take a look at the orderbooks vs recent sales on bithumb UTK / ETH pair. Those utk buys happen between the walls thin as 2000 - 200 utk are sometimes more then hundred times over the actual market maker buy/sell orders, They are not even touching the buy/sell walls. It's classic wash trading.

Take a look :

Or go and take a look at yourself, walls are not even touched with that volume.

Diamond_Darrell

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Quote from: ?? on ??

Quote from: lembang on October 31, 2019, 03:49:47 PM

yes that's right but with the increase in trades will further increase their volume and the possibility will increase investors who join this project but supported by the team by offering better projects and further enhance its development

I think the team has worked hard so that many utrust projects have been adopted and their tokens are listed on several exchangers. i think this is a good step because LBank exchangers have a high volume and today utrust can be traded

yes you're right, the more exchanges supported the better. but for now I see no impact on prices. because the price of UTK tokens to date has not changed. so I don't think this project needs another exchange. but partners, the more partners the faster the adoption of the Utrust Platform.

Partners of course it is healthy. But you need to patter more than ziggurats)))

joke, actually the volumes speak for themselves, everything will be fine

lembang

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Quote from: Laskoo on October 31, 2019, 12:55:25 PM

Quote from: caffu chino on October 31, 2019, 10:31:19 AM

Quote from: ?? on ??

Listing on LBank on November 1
https://coindar.org/en/event/utrust-utk-listing-on-lbank-24639

I hope this can be positive news. more exchanges can increase trading volume. it was a sign that the team did not say anything when they saw their tokens in their current state. we need positive updates like this, to make us believe that this project still has potential.

Utrust is listed on the best exchanges out there, and they are a lot: Bithumb, Huobi, Kucoin, Bitfinex, Bittrex, Hitbtc, okex, so not the exchanges is what the project needs right now. I agree another good exchange like LBank is a plus but what is needed (imo) is new partnerships and more use cases for the UTK token.

yes that's right but with the increase in trades will further increase their volume and the possibility will increase investors who join this project but supported by the team by offering better projects and further enhance its development

Laskoo

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Quote from: caffu chino on October 31, 2019, 10:31:19 AM

Quote from: ?? on ??

Listing on LBank on November 1
https://coindar.org/en/event/utrust-utk-listing-on-lbank-24639

I hope this can be positive news. more exchanges can increase trading volume. it was a sign that the team did not say anything when they saw their tokens in their current state. we need positive updates like this, to make us believe that this project still has potential.

Utrust is listed on the best exchanges out there, and they are a lot: Bithumb, Huobi, Kucoin, Bitfinex, Bittrex, Hitbtc, okex, so not the exchanges is what the project needs right now. I agree another good exchange like LBank is a plus but what is needed (imo) is new partnerships and more use cases for the UTK token.

Topic: UTRUST - page 11. (Read 314264 times)