Topic: UTRUST - page 249. (Read 314264 times)

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.

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?

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.

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

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.

I think at first they should concentrate on a demo which works smoothly. After that they should increase their marketing.