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Topic: UTRUST - page 350. (Read 314264 times)

full member
Activity: 588
Merit: 100
October 28, 2017, 01:43:58 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

yeah, but just remember to buy the right ones Smiley)
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
October 28, 2017, 01:22:22 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
sr. member
Activity: 630
Merit: 276
October 27, 2017, 11:59:19 PM
I just watched the YouTube video that explains the token burn.
https://www.youtube.com/watch?v=mGAaaV-aVGs&t=75s
Check it out guys. It helps to explain it better and further solidify the future value here.

I like there videos, always nice to see those comporate explainer videos Smiley. They are doing great things! Utrust will be the biggest ICO in november Wink
full member
Activity: 280
Merit: 106
October 27, 2017, 11:55:20 PM
I just watched the YouTube video that explains the token burn.
https://www.youtube.com/watch?v=mGAaaV-aVGs&t=75s
Check it out guys. It helps to explain it better and further solidify the future value here.
Thanks for this video my friend. Definitely worth to watch it Smiley
newbie
Activity: 84
Merit: 0
October 27, 2017, 11:36:00 PM
I just watched the YouTube video that explains the token burn.
https://www.youtube.com/watch?v=mGAaaV-aVGs&t=75s
Check it out guys. It helps to explain it better and further solidify the future value here.
hero member
Activity: 784
Merit: 1416
October 27, 2017, 11:27:35 PM
I just received an email in my junk folder that appears to be from Utrust, but I'm not sure if it's authentic or not. It's regarding the upcoming ICO and how Utrust will be conducting it according to strict KYC rules. It says that if you contribute to the ICO you will have to verify your identity by sending in "proof of ID and proof of address" before you can receive your tokens.

Can you guys confirm that this was sent by the actual Utrust team and not a scammer.

Thanks!

It was legitimate Smiley

Good morning everyone!
A lot of useful information you write in the branch, many thanks to all for this. Can you please tell us what is the minimum cap for the UTRUST project?
We look forward to ICO, there is not much time left! Many thanks to the developers!
To all who take part in the bounty I wish good luck.
Have a nice day, everyone!
I think there is no minimum cap anymore, they already sold 150 million tokens on pre-sale and private investor.

The minimal cap (softcap) for UTRUST is $10M. We already raised $3.5M so only need another $7.50M.

well the marketing is really topnotch, but when i read review like these:

i start to feel very uncomfortable about utrust T_T"

Well that's interesting and well written.

We'll see what Utrust will do keep the value of its token high.

well unfortunately seems to be true...

just checked the ppl and really most of them are working for that marketing design company subvisual...

utrust seems to be a side project by a couple of workers from there.

@devs we need a statement...

This is, unfortunately, a very common misconception. Subvisual (where I am writing you from right now!) is a successful online web design and development company founded in 2012. It has had clients like AT&T, Airtel, Betfair and others. A while ago we incorporated a new company (UTRUST Switzerland GmbH) and allocated a big share our staff to work full-time on UTRUST, a project that the entire team is very excited about. Over time, we have allocated more and more staff (mainly designers and developers) to UTRUST and plan to hire more dedicated staff after the ICO was successfully funded.

Our main engineering office will remain in Portugal though, we want to be as financially responsible as possible with the funds that our community provided to us. Living costs in Zug (Switzerland) are more than 300% higher than in Braga (Portugal). You can verify these costs here.

I hope this clarifies this situation, but if not, please don't hesitate again.


"Hey! The Product is progressing at a great speed and we plan to start private tests with our list of merchants before the end of the year" - by Roberto Machado (CPO of UTRUST)

Great news!!

That is correct! We are aiming to have some merchants implement UTRUST by the end of the year to slowly scale up our platform.

Newbie in action, to summarize:
Utrust Pre-sale price 0.0xx USD (private investors, familiy, friends, ...)
Utrust Pre-ico price 0,02 USD
Utrust Ico price 0,065 USD

I think is better to wait for the coin hits the exchange or no?  always the price falls when it comes first for the market.
Because everyone would pull something out (Pre-sale, Pre-ico buyers).

Tell me if I'm wrong, newbie question but we are all here for profit or no Tongue

We only sold $3.5M worth of tokens and sell $49M so even if they would all dump (which at least our private investors do not intend), it wouldn't affeect the market as much as you think. So personally, I wouldn't wait for the exchange. But of course, nobody knows what will happen!

Thank you for answering this i really appreciate the time you guys take to make the whole project as trasparent as possible
sr. member
Activity: 350
Merit: 250
October 27, 2017, 11:12:36 PM
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.
sr. member
Activity: 672
Merit: 261
October 27, 2017, 11:01:29 PM
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
full member
Activity: 336
Merit: 112
October 27, 2017, 09:30:31 PM
Will I be able to buy your tokens at the exchanges?

Sure you will, after the ICO is finished and the coins hit the first exchanges. But before not and no one know at what price they will be traded there.
sr. member
Activity: 546
Merit: 250
October 27, 2017, 09:08:03 PM
Will I be able to buy your tokens at the exchanges?

ICO not start yet, you can join in ICO ,not exchange
full member
Activity: 392
Merit: 100
October 27, 2017, 08:58:12 PM
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting


I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views

What is their track record when it comes to ICOs and crypto recommendations in general? Have they recommended anything that has performed really well? I'm interested in reading their analyses but I'd just like to know whether they are worth subscribing to.

I will read their analyses  but not complete trust them ,i will analyse by myself about project.

good reference, the risks and the growth potential analysis help me a lot.
copper member
Activity: 378
Merit: 100
October 27, 2017, 08:43:12 PM
Will I be able to buy your tokens at the exchanges?
full member
Activity: 353
Merit: 100
October 27, 2017, 08:16:33 PM
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting


I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views

What is their track record when it comes to ICOs and crypto recommendations in general? Have they recommended anything that has performed really well? I'm interested in reading their analyses but I'd just like to know whether they are worth subscribing to.

I will read their analyses  but not complete trust them ,i will analyse by myself about project.
full member
Activity: 574
Merit: 115
October 27, 2017, 08:15:38 PM

The whitepaper states that the platform converts cryptocurrency into fiat and holds it in escrow until it is released to the seller. However, no information on the escrow feature is provided. -1

Hey, I am not the only one who noticed there are no details about the implementation of UTrust's escrow in the whitepaper. And it is their main feature. Only a -1 for that is generous in my opinion.

I'm happy to answer any questions, just let me know what exactly are interested in! 🎓


That is the thing. I do not want to have to ask. I would have liked the whitepaper to cover the escrow in more detail. I am talking about the technique, the various situations and limitations, the different types of escrow and protocols, and the liabilities and guarantees. If UTrust showed that they have at least thought about those aspects, they would have earned MyTrust.
newbie
Activity: 20
Merit: 0
October 27, 2017, 07:41:27 PM
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting


I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views

What is their track record when it comes to ICOs and crypto recommendations in general? Have they recommended anything that has performed really well? I'm interested in reading their analyses but I'd just like to know whether they are worth subscribing to.
sr. member
Activity: 1372
Merit: 259
October 27, 2017, 07:36:20 PM
Quote
That is correct! We are aiming to have some merchants implement UTRUST by the end of the year to slowly scale up our platform.

You already have arragements wih some merchants? I understand correctly? Its a big merchants?  Roll Eyes

As far as I know the beta platform won't be released next year. So it would be doubtful to have already big merchants onboard.

We are actually onboarding the first merchants in the end of December 2018! Ahead of schedule!

What do you mean with onboarding the first merchants? Will they have a working platform to pay on their sites with UTrust at the end of next year?

I thought the first platform test for merchants is already planned for Q2 2018.



I think this is a mistake, its mean in December 2017 may be.
newbie
Activity: 15
Merit: 0
October 27, 2017, 07:00:27 PM
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting


I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views
hero member
Activity: 1736
Merit: 857
October 27, 2017, 06:49:50 PM
It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $
now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.

I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees

It is %90 percent in 20 years actually. They will burn %90 of the tokens in 20 years. It's a very long-term but a good vision. At least they won't burn them all 19 years later, they will burn each year 50 million of it. First-year even market cap comes %5 negative your token price will be same.

We will burn a MAX of 50 million each year. So the fastest possible time it can reach the min cap of 100 million is about 18 years. It could take longer

It's good that the tokens will be burned. This deflation will support the price of the tokens. Well, in the process of project development it is possible that the price of tokens will also increase. This will depend on the work of the developers.
hero member
Activity: 686
Merit: 500
October 27, 2017, 06:46:42 PM
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting
sr. member
Activity: 1078
Merit: 310
October 27, 2017, 05:23:56 PM
this project is awesome , It' s like the global version Alipay .
but look at the roadmap , the iOS and  Android  native APP will luanch on Q4 2018,  I think the progress is very slow .

It looks slow maybe but it's better to give long date to false promises. If they announce Q4 2018 and deliver it on time investors would be thankful.

Yeah. The platform needs enough time for testing in order to eliminate major issues which might be encountered during the roll out phase.
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