UTRUST - page 384. | Bitcointalksearch.org

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: SEELE^^01 on October 21, 2017, 12:51:08 PM

i am glad that paypal missed the opportunity to hop on the cryptohypetrain and implement it onto their system.

utrust can now take this opportunity and if they get more ppl to adapt it, it could happen, that they could rise like paypal did. but i think, that will take a long way.

The thing is, as soon as PayPal realizes that there is a huge demand for paying with cryptocurrencies, they will add an option for themselves. Let us hope UTrust will already have gained the trust of a huge user base when that happens.

SEELE^^01

full member

Activity: 952

Merit: 137

i am glad that paypal missed the opportunity to hop on the cryptohypetrain and implement it onto their system.

utrust can now take this opportunity and if they get more ppl to adapt it, it could happen, that they could rise like paypal did. but i think, that will take a long way.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: the_donald on October 21, 2017, 11:33:31 AM

Quote from: alphashotgun on October 21, 2017, 11:00:52 AM

Quote from: SEELE^^01 on October 21, 2017, 08:35:02 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

Not every coin in top10 is meant for payments btw, they're more "assets". After BTC, I see LTC, dash, XMR, IOTA, ADA, ZEC

imtiazmahmood

sr. member

Activity: 476

Merit: 250

Quote from: haxllega on October 21, 2017, 11:33:36 AM

Quote from: matjas on October 21, 2017, 11:00:43 AM

Quote from: Sozialtourist on October 21, 2017, 08:05:45 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

I think it's highly possible that some of the top 5 coins could be surpassed soon. There are so many ICOs recently that I think there should be at least one or two who have the potential.

in my point of view there is alot of top project in blockchain. i think blockchain technology can use various fields. and in a lot of project i think Utrust is uniqueness project. that can be beat online payment methods.

haxllega

full member

Activity: 392

Merit: 100

Quote from: matjas on October 21, 2017, 11:00:43 AM

Quote from: Sozialtourist on October 21, 2017, 08:05:45 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

I think it's highly possible that some of the top 5 coins could be surpassed soon. There are so many ICOs recently that I think there should be at least one or two who have the potential.

the_donald

full member

Activity: 588

Merit: 100

Quote from: alphashotgun on October 21, 2017, 11:00:52 AM

Quote from: SEELE^^01 on October 21, 2017, 08:35:02 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

I doubt they'll implement too many coins. top 10 sounds reasonable enough.

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: SEELE^^01 on October 21, 2017, 08:35:02 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

i think with ten different coins 85% of the market is covered

matjas

full member

Activity: 798

Merit: 115

Quote from: Sozialtourist on October 21, 2017, 08:05:45 AM

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

Definitely they will go with the flow of popular coins on which they should focus to avoid unnecessary work being done on the platform. Who knows, maybe in the future noone will be able to compete with top 5 coins and they will offer just those, or some new coins will surpass them.

viljy

hero member

Activity: 1736

Merit: 857

Quote from: cryptoriches13 on October 21, 2017, 06:34:28 AM

Quote from: viljy on October 21, 2017, 06:22:40 AM

Quote from: cantdecide on October 21, 2017, 06:15:20 AM

Quote from: Jay2408 on October 21, 2017, 05:02:46 AM

Quote from: redhondaxrm125 on October 21, 2017, 04:13:21 AM

Quote from: matjas on October 15, 2017, 04:11:55 PM

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used, they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

4-5 top coins this is not enough. I myself can exchange coins in exchange for fiat money and pay the seller. Why do I need UTRUST then? Need many more types of crypto currency, which you can pay through UTRUST. Of course, it will create difficulties for them, but there is no easy way. Although there is one easy way - after the ICO tell investors goodbye. This is unlikely. We will see how events will develop in the near future.

Are you insinuating that there's a risk of this project being a scam or redundant? Utrust is needed because it makes the process of exchanging coins for fiat to pay a seller so much simpler.

I'm not hinting. But I always allow different possibilities for the development of events. Why does UTRUST need to make an exception? If objectively, then I'm for 5 minutes of time to myself exchange the crypto currency for fiat money and pay the seller. So UTRUST will give me 5 minutes of time? And it's all? The only advantage so far is the partnership with SOMA. If I sell something through SOMA. But SOMA has not even been launched yet. UTRUST needs to look for partners urgently. Its system needs to be integrated into many markets and stores.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Pajulapoiss on October 21, 2017, 09:01:53 AM

Quote from: cantdecide on October 21, 2017, 08:50:34 AM

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

Ye I agree, the community should have a say, in which currencies get accepted. Maybe a voting mechanism, connected to the weight of a wallet?

The more options the better of course.

Like that idea!
Devs should take notes because great ideas here on this thread Wink

.

UTRUST has a large userbase, so they can easily do a voting. I'm sure that the coins are chosen will also profit this and I'm sure the price of that altcoin will rise

Pajulapoiss

sr. member

Activity: 554

Merit: 251

Quote from: cantdecide on October 21, 2017, 08:50:34 AM

Quote from: kraterion on October 21, 2017, 06:43:57 AM

Quote from: cantdecide on October 21, 2017, 06:15:20 AM

Quote from: Jay2408 on October 21, 2017, 05:02:46 AM

Quote from: redhondaxrm125 on October 21, 2017, 04:13:21 AM

Quote from: matjas on October 15, 2017, 04:11:55 PM

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used, they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

You would add BTC? I don't know, for micropayments is useless, miners fees are too high! For example I think verge xvg is great for payments but it's number 81 right now on coinmarketcap, so I think community choice would be the best way

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

Ye I agree, the community should have a say, in which currencies get accepted. Maybe a voting mechanism, connected to the weight of a wallet?

The more options the better of course.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: kraterion on October 21, 2017, 06:43:57 AM

Quote from: cantdecide on October 21, 2017, 06:15:20 AM

Quote from: Jay2408 on October 21, 2017, 05:02:46 AM

Quote from: redhondaxrm125 on October 21, 2017, 04:13:21 AM

Quote from: matjas on October 15, 2017, 04:11:55 PM

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used, they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

You would add BTC? I don't know, for micropayments is useless, miners fees are too high! For example I think verge xvg is great for payments but it's number 81 right now on coinmarketcap, so I think community choice would be the best way

That's one of the points. There are coins more worth to be used then others, even if they are in a high rank position. So that's why I thought maybe make votes with a choise of around 4 or 5 between the community can choose then.

SEELE^^01

full member

Activity: 952

Merit: 137

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

and honestly, there are only a couple of coins which are very stable and have a good volume and wont hit hard due to the volatility of bitcoin very much, such as ltc and so on.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: kraterion on October 21, 2017, 08:00:02 AM

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

And no one said, they will stick to the 10 different cryptocurrencies forever. It's just a number of different options they want to offer at the beginning. Who knows, maybe a new promising altcoin will emerge in 2018. As soon as everything is working properly they can start to think about adding new ones.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: magisterr on October 21, 2017, 07:54:08 AM

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

Because it would be a mess maybe, the more coins they add the more resources they have to spend (money, time etc...). I think working, secure and stable platform = more users (not more coins)

magisterr

sr. member

Activity: 1372

Merit: 259

Why only 10? They can add at last top 50 coins... More coins - more users on their platform.

haxllega

full member

Activity: 392

Merit: 100

Quote from: Trrrt on October 21, 2017, 07:11:11 AM

Yes l also think that have the possibility tu use a lot of different coin and token is great for Utrust. You will be able to reach more people if you allow a lot of coin, and Utrust will do it. UTRUST can really become a big platform for online payment, even the biggest in crypto world.

I suggest adding the top 10 crypto payment coins like bitcoin, litecoin, dash and so on. I think this will be important to attract as many people as possible.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: Mystic90 on October 21, 2017, 06:59:35 AM

Quote

Ofcourse no stock prices compare to crypto. But Paypal vs SP500 is crushing, so uTrust vs Average crypto, what can they do? Cheesy

not sure if i got your hint right. sp500 grew by "just" about 37% over the past 2 years, compared to paypal's 120% (sorry 220 was wrong).

So what i mean is Paypal is outperforming sp500 by alot. Thats why paypal crushes SP500. Im speculating if uTrust can do the same vs other crypto

I hope it will. At least they will burn lots of tokens in process. Even market cap stays the same, utrust token will get some value.

Actually, because of they will burn approximately 50m tokens every year it makes utrust very promising token in long term.

heisenberg0000

member

Activity: 196

Merit: 10

This project will definitely be the focus of the ICO. hopefully the development will provide more accurate information for investors to participate in this project.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: kraterion on October 21, 2017, 06:43:57 AM

Quote from: cantdecide on October 21, 2017, 06:15:20 AM

Quote from: Jay2408 on October 21, 2017, 05:02:46 AM

Quote from: redhondaxrm125 on October 21, 2017, 04:13:21 AM

Quote from: matjas on October 15, 2017, 04:11:55 PM

I wonder how far they will go with adding different altcoins as a payment option. Will they leave them on the list no matter how popular they will be on the platform, or will they remove it if there wont be much traction.

They will go probably the farthest away they can. That i can assure you. Clearly, in a project like this(utrust), having a lot of variety altcoins is a must. Because people want a wide number of choices or options that can benefit everyone. Because not everyone uses the same altcoins. So i think it is just right to assume that rhey will add as much as they can.
And for how long will they be using every altcoin added to the list? Honestly I do not know. But i think as long as it is still being used, they will not remove it.

I think their choice of altcoins depends on various aspects, such as volume, transaction fee, community's preference.

I assume they will go by a mix out of volume etc. like the top coins and hopefully something like community vote. They could add some coins for example every two months or so, and let the community decide which they would favor out of for example 4 or 5 different top coins.

You would add BTC? I don't know, for micropayments is useless, miners fees are too high! For example I think verge xvg is great for payments but it's number 81 right now on coinmarketcap, so I think community choice would be the best way

I would definitely add Bitcoin. It's THE cryptocurrency and a payment option without BTC wouldn't feel right, even if I understand your point with the high transaction/miner fees.

Topic: UTRUST - page 384. (Read 314264 times)