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Topic: UTRUST - page 349. (Read 314264 times)

sr. member
Activity: 616
Merit: 263
October 28, 2017, 06:08:37 AM
Another ICO review from one of the best imo reviewers :

https://crushcrypto.com/analysis-of-utrust/

Do check it out and any response is welcome Smiley
full member
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Become Part of the Mining Family
October 28, 2017, 06:07:42 AM
I just find, that Utrust company registered in Switzerland? I think in Portugal (because devs from Portugal)  Roll Eyes

Is there a reason behind registering in Switzerland? Why would they register in Switzerland if the devs are from Portugal, could it be tax related?
hero member
Activity: 2968
Merit: 605
October 28, 2017, 05:51:34 AM
Exactly,  But this applies to every coin / token with a value for example btc seems expensive right now but maybe in 5 years we will laugh at this price,  $6000.  
Agree, a few months ago, we called $4000 as the ATH of BTC.
But now we can even say that $5000-5500 is the dip/bottom.
i don t know, never hold a token so long time the average is 6 months if the project is valid,anyway i believe that utrust becomes a leader in online payments and replaces paypal at the top in about 2 years...
sr. member
Activity: 1372
Merit: 259
October 28, 2017, 05:50:42 AM
I just find, that Utrust company registered in Switzerland? I think in Portugal (because devs from Portugal)  Roll Eyes
full member
Activity: 210
Merit: 100
UTRUST Community Manager
October 28, 2017, 05:43:02 AM
I just read an article had a good review for utrust. I advise everybody to give it a ten minute Smiley

https://medium.com/@cointrackr/utrust-8e814a2dbedb

Very thorough review and in summary:

Scores
Idea: 10/10
Team: 9/10
Tangibility: 4/10
Marketing: 8/10
Branding: 7/10
Community: 10/10

We are therefore giving UTRUST a 8.0/10.


Nice score.

Interesting review indeed. Very well researched and fair. Thanks for sharing!
full member
Activity: 952
Merit: 137
October 28, 2017, 05:09:31 AM
i think utrust can kick paypal from the throne, within some years. i am really glad that elon musk sold paypal and did not try to implement cryptocurrencies Smiley
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October 28, 2017, 05:09:18 AM
I came across this article: https://smarticoinvestor.com/utrust-ico/

Here is the conclusion;
I was pretty excited for Monetha, but UTrust appears to have solved a lot of the issues which I didn’t even realize they had at their core. I had a really great interview with Nuno, he was very, very open about the project and answered all of my questions. I think the project actually has merit because of it’s applicability in the space. While I may wish that the token would have more use, its not a traditional ecosystem to have a token. I’m extremely interested to see how their token sale goes and will probably be taking part.

This is a review of someone that gave his vision about what he thinks of Utrust, so its not just a summary of the whitepaper
full member
Activity: 154
Merit: 100
October 28, 2017, 04:50:27 AM

Quote
Quote

Do you think Bitcoin will succeed as a currency? I think it is better as store of value, and let other faster/cheaper fee's coins take the currency role

I don't think it is a good idea use bitcoin as a currency due to high transfer fees. Yes, it can be used with large transactions but for smaller ones fees are huge.

Thats why I think store of value is a better function for Bitcoin. Like Gold is store of value too. Interesting blogpost about this is :
https://vinnylingham.com/bitcoin-commodity-store-of-value-or-digital-currency-93457cd27c9c
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Activity: 686
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October 28, 2017, 04:40:58 AM

I don't think it is a good idea use bitcoin as a currency due to high transfer fees. Yes, it can be used with large transactions but for smaller ones fees are huge.

The ratio between transaction fees and the amount you have to pay has to be reasonable. And, as you said, to pay small amounts in Bitcoin makes no sense because the transaction fees would be almost as much as the amount you pay. I still hope for IOTA in that matter.
sr. member
Activity: 658
Merit: 250
October 28, 2017, 04:37:51 AM
We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

Well bitcoin does not have a car use other than being a coin, but it has circulation, utrust can't be only a coin to trade, but according to the whitepaper is a token that will rise in price for the scarcity and for being backed by the platform, but i still don't know what to do with utrust once I have it, so I imaging that utrust will make some kind of discounts or give incentives to use utrust instead of other altcons.
Bitcoin is the father of crpyto that being used as a currency, the oldest so it has the biggest blockchain and the most trusted because almost everyone more know bitcoin than altcoin/token (BTC dominance : 56.9%)
So altcoin/token like utrust should have more value to be better known to people.

Do you think Bitcoin will succeed as a currency? I think it is better as store of value, and let other faster/cheaper fee's coins take the currency role

I don't think it is a good idea use bitcoin as a currency due to high transfer fees. Yes, it can be used with large transactions but for smaller ones fees are huge.
Bitcoin is already and more widely accepted in many stores/merchants, and one of them is steam.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 28, 2017, 04:28:12 AM
We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

Well bitcoin does not have a car use other than being a coin, but it has circulation, utrust can't be only a coin to trade, but according to the whitepaper is a token that will rise in price for the scarcity and for being backed by the platform, but i still don't know what to do with utrust once I have it, so I imaging that utrust will make some kind of discounts or give incentives to use utrust instead of other altcons.
Bitcoin is the father of crpyto that being used as a currency, the oldest so it has the biggest blockchain and the most trusted because almost everyone more know bitcoin than altcoin/token (BTC dominance : 56.9%)
So altcoin/token like utrust should have more value to be better known to people.

Do you think Bitcoin will succeed as a currency? I think it is better as store of value, and let other faster/cheaper fee's coins take the currency role

I don't think it is a good idea use bitcoin as a currency due to high transfer fees. Yes, it can be used with large transactions but for smaller ones fees are huge.
sr. member
Activity: 658
Merit: 250
October 28, 2017, 04:09:01 AM
Exactly,  But this applies to every coin / token with a value for example btc seems expensive right now but maybe in 5 years we will laugh at this price,  $6000.  
Agree, a few months ago, we called $4000 as the ATH of BTC.
But now we can even say that $5000-5500 is the dip/bottom.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
October 28, 2017, 04:05:26 AM
Exactly,  But this applies to every coin / token with a value for example btc seems expensive right now but maybe in 5 years we will laugh at this price,  $6000. 
full member
Activity: 364
Merit: 100
October 28, 2017, 03:30:25 AM
Agreed, and i never understand why people are complaining of dumping... it's like distributing cheap tokens. Never complain if something is cheap.

Warren Buffett warned "You pay a very high price in the stock market for a cheery consensus." In other words, if everyone agrees with your investment decision, then it's probably not a good one.
Read more: http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp#ixzz4widZtgN5

So I agree, if Utrust tokens gets dumped after ICO, it doesn't mean this is bad, it is an opportunity.

Sell the hype, buy the despair is one of the best advices i've got in trading. So i kinda agree with Buffett

Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with saying that: "The time to buy is when there's blood in the streets."

This is another nice example of why cheap tokens are not bad

The fundamental challenge is that there is no way to know if a token is cheap or expensive. The price can be lower but still very expensive. The reason for this is the current state of the technology, adoption and ecosystem.
full member
Activity: 490
Merit: 101
October 28, 2017, 03:23:57 AM
UTRUST - How does it work?

UTRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism.

https://www.youtube.com/watch?v=J92W_0UpH-0#blockchain
full member
Activity: 154
Merit: 100
October 28, 2017, 03:13:17 AM
I just read an article had a good review for utrust. I advise everybody to give it a ten minute Smiley

https://medium.com/@cointrackr/utrust-8e814a2dbedb

Very thorough review and in summary:

Scores
Idea: 10/10
Team: 9/10
Tangibility: 4/10
Marketing: 8/10
Branding: 7/10
Community: 10/10

We are therefore giving UTRUST a 8.0/10.


Nice score.

That score works for me, its good to read about negatives sides also since as an investor, you have to know the whole story. I still believe, the positive beats the negative by a lot so this just made me feel more certain about Utrust.

I had to look up Tangibility since it scores 4/10

"A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset."

full member
Activity: 798
Merit: 115
October 28, 2017, 02:51:55 AM
I just read an article had a good review for utrust. I advise everybody to give it a ten minute Smiley

https://medium.com/@cointrackr/utrust-8e814a2dbedb

Very thorough review and in summary:

Scores
Idea: 10/10
Team: 9/10
Tangibility: 4/10
Marketing: 8/10
Branding: 7/10
Community: 10/10

We are therefore giving UTRUST a 8.0/10.


Nice score.

That score works for me, its good to read about negatives sides also since as an investor, you have to know the whole story. I still believe, the positive beats the negative by a lot so this just made me feel more certain about Utrust.
full member
Activity: 154
Merit: 100
October 28, 2017, 02:45:16 AM
We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

Well bitcoin does not have a car use other than being a coin, but it has circulation, utrust can't be only a coin to trade, but according to the whitepaper is a token that will rise in price for the scarcity and for being backed by the platform, but i still don't know what to do with utrust once I have it, so I imaging that utrust will make some kind of discounts or give incentives to use utrust instead of other altcons.
Bitcoin is the father of crpyto that being used as a currency, the oldest so it has the biggest blockchain and the most trusted because almost everyone more know bitcoin than altcoin/token (BTC dominance : 56.9%)
So altcoin/token like utrust should have more value to be better known to people.

Do you think Bitcoin will succeed as a currency? I think it is better as store of value, and let other faster/cheaper fee's coins take the currency role
full member
Activity: 490
Merit: 100
October 28, 2017, 02:35:03 AM
We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

Well bitcoin does not have a car use other than being a coin, but it has circulation, utrust can't be only a coin to trade, but according to the whitepaper is a token that will rise in price for the scarcity and for being backed by the platform, but i still don't know what to do with utrust once I have it, so I imaging that utrust will make some kind of discounts or give incentives to use utrust instead of other altcons.
Bitcoin is the father of crpyto that being used as a currency, the oldest so it has the biggest blockchain and the most trusted because almost everyone more know bitcoin than altcoin/token (BTC dominance : 56.9%)
So altcoin/token like utrust should have more value to be better known to people.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 28, 2017, 01:45:35 AM
I just read an article had a good review for utrust. I advise everybody to give it a ten minute Smiley

https://medium.com/@cointrackr/utrust-8e814a2dbedb

Very thorough review and in summary:

Scores
Idea: 10/10
Team: 9/10
Tangibility: 4/10
Marketing: 8/10
Branding: 7/10
Community: 10/10

We are therefore giving UTRUST a 8.0/10.


Nice score.
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