UTRUST - page 269. | Bitcointalksearch.org

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: banksy22 on November 09, 2017, 08:49:40 AM

As someone who is VERY new to Crypto I have to say I have mixed emotions regarding this decision from UTRUST but surely they do have a VERY easy solution for the people that are complaining - why not simply offer the money back to the investors who invested on the basis of the original terms and now are not happy with the new ones Huh

I invested the full $10K to take advantage of the bonus purely because I thought it was an excellent product that solved a big problem - however they choose to raise the money from my point of view doesn't detract from this - put simply I still love the idea.

However - in NO other financial arena could a company behave in this way - you couldn't raise money on the basis that you were selling x amount of shares then towards the end say actually it is now for more or less ??

I am in it for ( hopefully !!! ) the long term and as I say how they raise the money really makes no difference to me but I do have a lot of sympathy for those investors who are not happy - just offer them the choice of their money back UTRUST which I am sure would only go to add more credibility to both you as a company and the project itself Huh

Just out of interest, if you are "in it for ( hopefully !!! ) the long term". What does that "hopefully" include? If you really are new and investing 10k to ico... You should prepare yourself for anything. I would recommend investing less in a first try but you already did so good luck.

sportsman18

member

Activity: 76

Merit: 11

Quote from: Canuck21 on November 09, 2017, 09:39:26 AM

How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.

UTRUST is not a scam.. Do you read correctly the email? Btw, i don't think ICO will long until 20th, keep calm.

Quote from: isi93mlssirebel on November 09, 2017, 09:52:24 AM

This I see it very profitable, I do not know until when. How much do you think it would come in hitbtc when it hits the market? taking into account the max suply of 1 000 000 000

Max supply is 500.000.000.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: isi93mlssirebel on November 09, 2017, 09:52:24 AM

This I see it very profitable, I do not know until when. How much do you think it would come in hitbtc when it hits the market? taking into account the max suply of 1 000 000 000

its a popular token, and the product will come in 1 year, so if it takes too much time to get on excahnges, it will be trading on ED, and will eb easily manipulated, so whales will get it below ICO price to fill their bags, so it won't be that deep, considering the BTC drama is over.

isi93mlssirebel

newbie

Activity: 17

Merit: 0

This I see it very profitable, I do not know until when. How much do you think it would come in hitbtc when it hits the market? taking into account the max suply of 1 000 000 000

belechau

full member

Activity: 686

Merit: 100

Quote from: Canuck21 on November 09, 2017, 09:39:26 AM

How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.

Really complicated to say at this moment, I do not like such an extension, but despite launching a less positive image about the project, I believe for the potential, work and support made so far, Utrust holds its potential, and for him I'll be waiting. Surprise us with good news as you have done

Canuck21

newbie

Activity: 8

Merit: 0

How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.

DGulari

legendary

Activity: 1386

Merit: 1000

KawBet.com - Anonymous Bitcoin Casino & Sportsbook

Quote from: SEELE^^01 on November 09, 2017, 08:26:33 AM

thx for the informations utrust. i like them but maybe some ppl will think, that you guys got greedy... this announcement should have been made earlier and not at the end of the sale.

anyways, good to see that the sale is extended.

Because they thought all UTRUST tokens would be sold out within a week. That's why they choose to extend the ICO time to 2 weeks later, although i'm agree if they should make announcement earlier than now.

viljy

hero member

Activity: 1736

Merit: 857

Prolongation of the term of sale is possible and a good solution. Burning half of all the tokens is good. But despite this, the change in the rules in the sales process leaves an indefinite impression. I do not like when the rules are changed under the influence of external circumstances (canceling the fork). If there is a plan, it needs to be followed, otherwise there arises a precedent of uncertainty in the future.

tiger5056

hero member

Activity: 686

Merit: 500

it is time to buy more ERC tokens. What is going to happen to unsold tokens?

loup

full member

Activity: 462

Merit: 100

Quote from: haallloo on November 09, 2017, 08:55:39 AM

Quote from: belechau on November 08, 2017, 07:58:23 AM

Quote from: haallloo on November 08, 2017, 07:46:28 AM

Quote from: tiger5056 on November 08, 2017, 07:19:19 AM

Quote from: Jree247 on November 08, 2017, 07:09:38 AM

Hope UTrust does well at the exchanges!

UTRUST already going to be on exchange from start so other will add soon. this is long term project

Do you have the full exchanges list?

HitBTC will be just the beginning, we will still see a lot of new developments and hopefully for new exchanges, the Team is really surprised to anticipate the steps and we will have the opportunity to negotiate in big markets with big volumes. We can expect exciting names Wink

will wait with impatience your victories;)

This project is looking better every day.

haallloo

newbie

Activity: 49

Merit: 0

Quote from: belechau on November 08, 2017, 07:58:23 AM

Quote from: haallloo on November 08, 2017, 07:46:28 AM

Quote from: tiger5056 on November 08, 2017, 07:19:19 AM

Quote from: Jree247 on November 08, 2017, 07:09:38 AM

Hope UTrust does well at the exchanges!

UTRUST already going to be on exchange from start so other will add soon. this is long term project

Do you have the full exchanges list?

HitBTC will be just the beginning, we will still see a lot of new developments and hopefully for new exchanges, the Team is really surprised to anticipate the steps and we will have the opportunity to negotiate in big markets with big volumes. We can expect exciting names Wink

will wait with impatience your victories;)

banksy22

newbie

Activity: 18

Merit: 0

As someone who is VERY new to Crypto I have to say I have mixed emotions regarding this decision from UTRUST but surely they do have a VERY easy solution for the people that are complaining - why not simply offer the money back to the investors who invested on the basis of the original terms and now are not happy with the new ones Huh

I invested the full $10K to take advantage of the bonus purely because I thought it was an excellent product that solved a big problem - however they choose to raise the money from my point of view doesn't detract from this - put simply I still love the idea.

However - in NO other financial arena could a company behave in this way - you couldn't raise money on the basis that you were selling x amount of shares then towards the end say actually it is now for more or less ??

I am in it for ( hopefully !!! ) the long term and as I say how they raise the money really makes no difference to me but I do have a lot of sympathy for those investors who are not happy - just offer them the choice of their money back UTRUST which I am sure would only go to add more credibility to both you as a company and the project itself Huh

TeraBite

legendary

Activity: 1876

Merit: 1003

Quote from: SEELE^^01 on November 09, 2017, 08:26:33 AM

thx for the informations utrust. i like them but maybe some ppl will think, that you guys got greedy... this announcement should have been made earlier and not at the end of the sale.

anyways, good to see that the sale is extended.

I hope so this will encourage more people to invest into this project the team has nice reputation and the marketing campaign is also very effective. I hope within new duration the team will get succeed to achieve the maximum cap.

Jree247

member

Activity: 70

Merit: 10

Reducing number of coins makes this project even more interesting.

SEELE^^01

full member

Activity: 952

Merit: 137

thx for the informations utrust. i like them but maybe some ppl will think, that you guys got greedy... this announcement should have been made earlier and not at the end of the sale.

anyways, good to see that the sale is extended.

Trrrt

full member

Activity: 448

Merit: 107

Yes the new communication from the team is reallly nice, especially the vested point, private investors will have token locked for 1 years. The circulating supply will be reduced during 12 mounth, it’s really nice.

lw75

newbie

Activity: 25

Merit: 0

Quote from: mrsaint on November 09, 2017, 07:43:53 AM

So now with their extended ICO they revised their white paper for the millionth time. Amongst the changes this paragraph was added regarding the ICO:

"It was expected to [sic] for the single round to run for a variable period no longer than 7 days or until all tokens were issued, whichever happened first. However, considering recent market developments and the acceptance of new countries in the ICO, the process will run until [DATE]."

That's convenient. Fill in the blank for whatever you see fit. Grin

First [DATE] was November 9 I suppose. Now [DATE] is November 20. And tomorrow... lies in the stars.

Oh, and the chart that follows right after still shows a total token pool of 1 billion. Common guys, you are collecting millions of dollars, and you cannot even concentrate on getting your lacking white paper right? It cannot be *that* difficult, and it's not just about writing pompous press releases, especially if you're planning to pioneer the world of cryptocoins in the future. Undecided

I'm with you. It's good to notice and publicize especially in a climate where so very little criticism is given. On the other hand have faith brother. Cut them some slag.

lw75

newbie

Activity: 25

Merit: 0

Quote from: mrsaint on November 09, 2017, 02:05:45 AM

Why am I not surprised. Huh

They keep changing their terms and conditions as they wish, while we, the real "investors" (not their "private investors" nobody here cares about) have absolutely no say in it. Extending the ICO? What is the point of soft- and hard cap targets if you ignore them? What a farce. I am tired of utrust talking about what an "awesome" "community" we are. This is not about being awesome or about being a fanboy. This about people who trusted them with real money in hope that they do something of value. Until now, it's been just talk and wishful thinking, and even then, when people raised critical questions, questions remained unanswered.

For me the important step will how to get rid of my tokens without having to agree on their new terms that I haven't agreed on to begin with.

Quote from: mrsaint on November 09, 2017, 05:05:50 AM

Isn't it ironic when they say that utrust is not about the ICO, yet literally every single e-mail and press release speaks exclusively of the ICO? Meanwhile, how much did they talk (and show) about their product and development besides spreading thin air?

So they decided to extend the ICO - even though they stated previously with a lot of furor that by having reached the softcap they gained "technical and operational viability" with a "solid foundation to work from".

Quote from: mrsaint on November 09, 2017, 05:26:01 AM

Quote from: o48o on November 09, 2017, 05:17:06 AM

Good point... I also don't understand what's with all the drama. It's not the first time an ICO got extended.

What drama? The issue is that they keep changing the rules that they have set for themselves and for their investors. This extension was never satisfactorily explained, while according to their own words, the ICO had been a blast and delivered sufficient funds for a successful operation. The way how they keep changing things around with apparent ease is a sign of neglectance, in the best case, and a sign of disregard for their investors in the worst.

Not hard to reach the conclusion Kakumei doens't seem to be bothered with responding to what I see as what must be responded to. Ignoring intentionally or uninentionally is not done. To debunk, refute, clear up and so forth are traits a community manager should show as much as possible, which is not the case. Without condemning you Kakumei and also the ones you answer to it's my advice to review the current approach.

As for me I'm holding on to the big picture while not tripping over UTRUST's learning curve that they still very much face in my opinion. You have my support!

mrsaint

newbie

Activity: 42

Merit: 0

So now with their extended ICO they revised their white paper for the millionth time. Amongst the changes this paragraph was added regarding the ICO:

"It was expected to [sic] for the single round to run for a variable period no longer than 7 days or until all tokens were issued, whichever happened first. However, considering recent market developments and the acceptance of new countries in the ICO, the process will run until [DATE]."

That's convenient. Fill in the blank for whatever you see fit. Grin

First [DATE] was November 9 I suppose. Now [DATE] is November 20. And tomorrow... lies in the stars.

Oh, and the chart that follows right after still shows a total token pool of 1 billion. Common guys, you are collecting millions of dollars, and you cannot even concentrate on getting your lacking white paper right? It cannot be *that* difficult, and it's not just about writing pompous press releases, especially if you're planning to pioneer the world of cryptocoins in the future. Undecided

lobat999

sr. member

Activity: 1078

Merit: 310

Quote from: clixcoin on November 09, 2017, 07:13:07 AM

Quote from: stormcleric on November 09, 2017, 07:00:28 AM

Definitely it is not a good idea to extend the ICO period. It does not mean it will be bad for Utrust, in fact I believe it will be a positive measure.

But as some others pointed out, a week is just too few time for an ICO. 2 weeks seem the rule to follow. If they have stated a 2 week ICO right from the beginning it would have been better.

I don't think there is problem to extend the date of this ICO there is good chance to attract more investors for this project. The more funds mean dev will get more resources to make the development process more faster and launch this platform much early than expected.

I agree with your point of view with regards to the extension of the ICO. I only hope it will be for the betterment of the UTRUST community.

Topic: UTRUST - page 269. (Read 314318 times)