UTRUST - page 253. | Bitcointalksearch.org

Jree247

member

Activity: 70

Merit: 10

Quote from: toolucky98 on November 11, 2017, 06:11:36 PM

Quote from: FIEX on November 11, 2017, 06:00:18 PM

Cant wait to use UTRUST on e-commerce website.
Really hope they will get listed very soon on exchanges!

I also hope they can provide the MVP in Q2 2018, faster than planned (Q4 2018)

That’s a year after the ICO.

toolucky98

full member

Activity: 490

Merit: 100

Quote from: FIEX on November 11, 2017, 06:00:18 PM

Cant wait to use UTRUST on e-commerce website.
Really hope they will get listed very soon on exchanges!

I also hope they can provide the MVP in Q2 2018, faster than planned (Q4 2018)

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: greatteager on November 11, 2017, 05:56:03 PM

Quote from: Bambulee on November 11, 2017, 05:49:41 PM

Quote from: torry28 on November 11, 2017, 05:36:21 PM

Quote from: tiger5056 on November 11, 2017, 02:55:18 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

how long ICO is extended? what is total cap raised?

Until Nov 20th. It mean there are still 8 more days to invest on here.
Currently 429 mln UTRUST tokens have been sold.

yes end of the next weekend start the UTRUST ICO
Cant wait

Maybe before and immediately listing on the exchange Kukoin, don't miss, at the start you can make a good profit.

Cant wait to use UTRUST on e-commerce website.
Really hope they will get listed very soon on exchanges!

Bambulee

sr. member

Activity: 532

Merit: 297

Quote from: greatteager on November 11, 2017, 05:56:03 PM

Quote from: Bambulee on November 11, 2017, 05:49:41 PM

Quote from: torry28 on November 11, 2017, 05:36:21 PM

Quote from: tiger5056 on November 11, 2017, 02:55:18 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

how long ICO is extended? what is total cap raised?

Until Nov 20th. It mean there are still 8 more days to invest on here.
Currently 429 mln UTRUST tokens have been sold.

yes end of the next weekend start the UTRUST ICO
Cant wait

Maybe before and immediately listing on the exchange Kukoin, don't miss, at the start you can make a good profit.

maybe Kukcoin is a big exchange. Biance would be also great for a good Volume.

Rigorous

full member

Activity: 574

Merit: 115

I wonder where they are going to house all the staff for the dispute resolution. Do they have a separate office for that?

greatteager

sr. member

Activity: 420

Merit: 250

Quote from: Bambulee on November 11, 2017, 05:49:41 PM

Quote from: torry28 on November 11, 2017, 05:36:21 PM

Quote from: tiger5056 on November 11, 2017, 02:55:18 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

how long ICO is extended? what is total cap raised?

Until Nov 20th. It mean there are still 8 more days to invest on here.
Currently 429 mln UTRUST tokens have been sold.

yes end of the next weekend start the UTRUST ICO
Cant wait

Maybe before and immediately listing on the exchange Kukoin, don't miss, at the start you can make a good profit.

Bambulee

sr. member

Activity: 532

Merit: 297

Quote from: torry28 on November 11, 2017, 05:36:21 PM

Quote from: tiger5056 on November 11, 2017, 02:55:18 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

how long ICO is extended? what is total cap raised?

Until Nov 20th. It mean there are still 8 more days to invest on here.
Currently 429 mln UTRUST tokens have been sold.

yes end of the next weekend start the UTRUST ICO
Cant wait

Elkmar

full member

Activity: 294

Merit: 100

Quote from: kettenschutz on November 11, 2017, 05:27:14 PM

I have a suspicion that Utrust will collect the hard cap ahead of schedule. I bet that it will happen in 5 days.
And this platform seems to be No.1 of it's kind.

Let's hope you're right on this one. Projects that reach high hard cap attracts the interest of traders.

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: tiger5056 on November 11, 2017, 02:55:18 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

how long ICO is extended? what is total cap raised?

Until Nov 20th. It mean there are still 8 more days to invest on here.
Currently 429 mln UTRUST tokens have been sold.

greatteager

sr. member

Activity: 420

Merit: 250

Quote from: kettenschutz on November 11, 2017, 05:27:14 PM

I have a suspicion that Utrust will collect the hard cap ahead of schedule. I bet that it will happen in 5 days.
And this platform seems to be No.1 of it's kind.

Why argue? And it is so clear that in a few days all the tokens will be sold, by the way the Kucoin Exchange I like more and more, they play the iPhone top 30 people who trade Red Pulse and other.

kettenschutz

sr. member

Activity: 450

Merit: 251

I have a suspicion that Utrust will collect the hard cap ahead of schedule. I bet that it will happen in 5 days.
And this platform seems to be No.1 of it's kind.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: Elkmar on November 11, 2017, 03:44:22 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

I did not even know about this big burn. Should have a good impact on the market.

Agreed, it should have a good impact... Many of the traders in my feed are interested in coins with a low total supply.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Trrrt on November 11, 2017, 04:23:35 PM

Yes Utrust will have a burning system for the coin, to manage inflation I think. Its really interesting to see that kind of system and how it will working. Its great for the value of the open I think.

yes it's unusual, although I like this idea! this concept would lead that price of token will be more stable. UTRUST team is well thought all nuances and it's great

Trrrt

full member

Activity: 448

Merit: 107

Yes Utrust will have a burning system for the coin, to manage inflation I think. Its really interesting to see that kind of system and how it will working. Its great for the value of the open I think.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: Elkmar on November 11, 2017, 03:44:22 PM

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

I did not even know about this big burn. Should have a good impact on the market.

A month ago I calculated a projection of the impact of the token burn rate on the price of UTrust tokens and the Return on Investment.

Quote from: Rigorous on October 13, 2017, 02:29:00 PM

Valuation is a strange thing in the cryptosphere.

If we purely look at the hard numbers:

10% sold at $0.02, 5% at $0.03 and 70% at $0.065
5% issued to bounties and
5 x 2% issued per year "to support future steering of the project" (not sure if these are sold or given to partners)

Average price = $0.049

18 x max. 50M tokens burned each year. That is a 5% gain after the first year.

After one year = $0.051
After two years = $0.054

Will take some years of holding to see ROI.

But again, valuation is a strange thing in the cryptosphere. Bitcoin itself has no intrinsic value, like the dollar, nor is it backed by an army, unlike the dollar. Yet Bitcoin's market cap has surpassed that of Goldman Sachs.

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Rigorous on November 11, 2017, 02:37:37 PM

Quote from: Jay2408 on November 11, 2017, 02:34:34 PM

Originally, they planned to burn up to 50 m tokens per year, maybe now with the halving of token supply the maximum will be 25m tokens per year.

Good point, I forgot about that! That was not mentioned in the ICO extension announcement, right?

I did not even know about this big burn. Should have a good impact on the market.

slimypuppy54

newbie

Activity: 45

Merit: 0

Quote from: mrsaint on November 05, 2017, 10:22:34 AM

Quote from: Rigorous on November 05, 2017, 09:58:04 AM

Why of all possible KYC methods UTRUST has chosen to outsource it to a debt collector and one that looks to have a questionable reputation at that?

Their company in Switzerland, Zug, is a letterbox company, handled by a small local trust firm (eMBe Finanz GmbH). Perhaps the person running that company for them (Marc Brühwiler) is a friend with Intrum Justitia.

Marc Brühwiler can be found in the Swiss press, not exactly the best kind of press:

https://www.beobachter.ch/finanzen/vermogensverwaltung-kapitalfehler-inbegriffen

In short, it's about a scam financial firm. Lots of money got lost somewhere in Latinamerica. Firm was domciled in Panama. Only member of the board was Marc Brühwiler. He then moved on with another company with the slogan "the best for your money", again with Panama as domicile.

Btw, don't you find it strange that the only person of the board of utrust is someone who is not involved with the company?

Quote from: slimypuppy54 on November 11, 2017, 11:39:32 AM

Why is the director of UTRUST Switzerland AG, Marc Philipp Brühwiler [1], who apparently was involved in a financial scam in 2004 [2] not listed on your web site? What is his relation to your team?
Sadly my questions in the Telegram group remained unanswered and I was instructed to contact Marc personally for further information.

1: https://www.moneyhouse.ch/en/company/utrust-switzerland-ag-12191824201
2: https://www.beobachter.ch/finanzen/vermogensverwaltung-kapitalfehler-inbegriffen

Please exlpain your relationship to Marc.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: sportsman18 on November 11, 2017, 03:16:19 PM

Quote from: Krackerbush on November 11, 2017, 03:08:39 PM

New to UTrust kan u explain to me how the payment mechanism works in layman’s terms? Please

Read the Whitepaper. https://utrust.io/whitepaper

He said "In layman's terms". I suck at that so i'll leave it for someone who is better at explaining things. Maybe there should be Utrust for dummies A5 sized paper. Some kind of "how to cheat sheet".

sportsman18

member

Activity: 76

Merit: 11

Quote from: Krackerbush on November 11, 2017, 03:08:39 PM

New to UTrust kan u explain to me how the payment mechanism works in layman’s terms? Please

Read the Whitepaper. https://utrust.io/whitepaper

Krackerbush

jr. member

Activity: 46

Merit: 10

New to UTrust kan u explain to me how the payment mechanism works in layman’s terms? Please

Topic: UTRUST - page 253. (Read 314264 times)