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Topic: UTRUST - page 545. (Read 314264 times)

sr. member
Activity: 672
Merit: 251
September 27, 2017, 05:40:24 AM
many people around me who are bitcoin users said that UTRUST project is good, and some of them are interested in this project. I was curios with it and I try to read it. and apparently what they said is right. UTRUST has great strategy and management. I am interested in this project. and I am sure this project is gonna be success.
I would like to thank you for that. Thank you for seeing this project as great as it is. Well for those who haven't read their whitepaper, I think you should by now.
legendary
Activity: 1162
Merit: 1011
September 27, 2017, 05:35:30 AM
Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?

Joining the ICO is better rather than waiting it to be listed in an exchange. Since UTRUST is a good coin, it is better to participate in ICO because the token is much cheaper and their are bonuses to be distributed. And I am confident and I believe that after the ICO, UTRUST value will definitely increase. You won't regret investing on this kind of project.

Buy it before it hits EtherDelta to make small profit, buy it before it hits Poloniex to make a big profit!

Utrust already on ethyerdelta?
And its will be on Poloniex?  Shocked

I don't know if the participants of the private and the pre-sale already got their tokens. But why should they already dump their tokens? The main ICO hasn't even started.


I can't find this information about Etherdelta. I think it's a fake news.


full member
Activity: 574
Merit: 115
September 27, 2017, 05:34:39 AM

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.


Isn't it the case that the UTrust Tokens are not necessary for the fuctionality of the platform? The platform would also work when users only pay in other cryptos and hold their UTrust tokens. The Tokens are more a contribution stake and represent the value of the whole UTrust platform and can, as a bonus, be used to pay on the platform.
It reminds me ripple there is also no need to use tokens, but this does not prevent the project to develop.

Kakumei, Sozialtourist, mike0182, thanks for your responses. I have read a little bit about the opposing camps, the Neo-Keynesians and the Austrian School. That is indeed a subject that may derail this thread.

The reason I posted was because of UTRUST's projected burn rate:

The amount of UTRUST tokens is projected to be reduced from the initial 1 billion to a minimum cap of 100 million, at a rate no faster than 50 million a year.

I thought burning 90% of the tokens seemed excessive. But if we consider your point that UTRUST is an optional currency and that at the maximum burn rate it would take 18 years to reach the minimum cap, I concede that a deflationary spiral is unlikely to be a problem.
full member
Activity: 686
Merit: 101
September 27, 2017, 05:33:10 AM
Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?

Joining the ICO is better rather than waiting it to be listed in an exchange. Since UTRUST is a good coin, it is better to participate in ICO because the token is much cheaper and their are bonuses to be distributed. And I am confident and I believe that after the ICO, UTRUST value will definitely increase. You won't regret investing on this kind of project.

Buy it before it hits EtherDelta to make small profit, buy it before it hits Poloniex to make a big profit!

Utrust already on ethyerdelta?
And its will be on Poloniex?  Shocked

I don't know if the participants of the private and the pre-sale already got their tokens. But why should they already dump their tokens? The main ICO hasn't even started.

sr. member
Activity: 1372
Merit: 259
September 27, 2017, 05:25:04 AM
Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?

Joining the ICO is better rather than waiting it to be listed in an exchange. Since UTRUST is a good coin, it is better to participate in ICO because the token is much cheaper and their are bonuses to be distributed. And I am confident and I believe that after the ICO, UTRUST value will definitely increase. You won't regret investing on this kind of project.

Buy it before it hits EtherDelta to make small profit, buy it before it hits Poloniex to make a big profit!

Utrust already on ethyerdelta?
And its will be on Poloniex?  Shocked
full member
Activity: 560
Merit: 121
September 27, 2017, 05:23:32 AM
Kakumei makes his friends to write negative posts in the other topics competition. They did use black PR. The developers UTRUST unworthy people who mislead forum members. UTRUST SCAM PROJECT.

You really can't blame UTRUST if an another project you have invested in is bleeding. I understand that you are frustrated with monetha falling and scam accusations flying on their thread. But you should take responsibility for your own actions, no one told you to invest in anything. Yelling scam in here doesn't give you your money back.
DYOR.

Lol!! Cheesy. Exactly. They think if they try to destroy others their loss from other projects will be regained back. Sounds bitter no? It's ok. It's not because a similar project failed will mean that Utrust  will also fail. To be sure they are not 100% the same in feature so the better one wins.
full member
Activity: 644
Merit: 101
September 27, 2017, 05:23:16 AM
Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?

Joining the ICO is better rather than waiting it to be listed in an exchange. Since UTRUST is a good coin, it is better to participate in ICO because the token is much cheaper and their are bonuses to be distributed. And I am confident and I believe that after the ICO, UTRUST value will definitely increase. You won't regret investing on this kind of project.

Buy it before it hits EtherDelta to make small profit, buy it before it hits Poloniex to make a big profit!
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
September 27, 2017, 05:22:20 AM

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.


Isn't it the case that the UTrust Tokens are not necessary for the fuctionality of the platform? The platform would also work when users only pay in other cryptos and hold their UTrust tokens. The Tokens are more a contribution stake and represent the value of the whole UTrust platform and can, as a bonus, be used to pay on the platform.
It reminds me ripple there is also no need to use tokens, but this does not prevent the project to develop.

Exactly. You can't make a product in blockchain without making a token. It would be pointless. So don't overthink about the functionality of utrust.
full member
Activity: 448
Merit: 107
September 27, 2017, 05:07:49 AM
I am really glad when I see the activity on the thread, so much people enjoy the Utrust project, we are a lot to understand the potential of Utrust.
Its really important for the team to have a supportive community, and with that and the marketing argument UTRUST can show us, the project will skyrocket.
sr. member
Activity: 594
Merit: 253
September 27, 2017, 05:05:41 AM
Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?
The big chance is that the coin when entering the exchange will already be traded much more than the price of ICO, so people are in a hurry to buy tokens at ICO and pre-sale at a discount. And you can buy on the exchange after issuing coins for bounty.
Exactly, so if you invest now its really sure that you will get good profit once its entered the exchange. Invest now and gain profit later.
This is the best time to invest while the campaign is still going on, after the campaign you will say to your self that you did the right decisions.
I think you should look at the long term whit this one, at least wait for them to partner u with some ecommerce platform in the future, right now is more or less just an idea but the real value will come when their platform will be up and running.

It would be nice if Utrust can announce a nice ecommerce partner.
This would really help this project Smiley.

But I agree that this will be a long term investment, buy now go away for a year and see where the price is then Wink.

I agree that a very important key to success for UTRUST are e-commerce partners. The developers of UTRUST should be teaming up with huge e-commerce platforms and companies, those that have established themselves properly and which people are already very familiar with. Meaning, those that have already a name in the business.
full member
Activity: 420
Merit: 136
September 27, 2017, 04:53:08 AM

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.


Isn't it the case that the UTrust Tokens are not necessary for the fuctionality of the platform? The platform would also work when users only pay in other cryptos and hold their UTrust tokens. The Tokens are more a contribution stake and represent the value of the whole UTrust platform and can, as a bonus, be used to pay on the platform.
It reminds me ripple there is also no need to use tokens, but this does not prevent the project to develop.
member
Activity: 70
Merit: 10
September 27, 2017, 04:52:53 AM
DAMN!

how can you just filter out whats right and whats wrong in this thread by now? everything is getting more and more confused

What is so confused to you.?
Check out their website or their promo video. The system may be complicated but its not ambiguous.

i am confused about the differing post in here. there are people who declare it as scam and others who say that its will be the thing. in promo there wont be written anything bad

It´s for shure no scam, but nobody can tell you if it works or not, like every other business.
Simple as that Smiley

but you know - this is just the idea at the moment and youll never know if and how it works a prototype would be a thing

That was my point
full member
Activity: 154
Merit: 100
September 27, 2017, 04:50:29 AM
DAMN!

how can you just filter out whats right and whats wrong in this thread by now? everything is getting more and more confused

What is so confused to you.?
Check out their website or their promo video. The system may be complicated but its not ambiguous.

i am confused about the differing post in here. there are people who declare it as scam and others who say that its will be the thing. in promo there wont be written anything bad

It´s for shure no scam, but nobody can tell you if it works or not, like every other business.
Simple as that Smiley

but you know - this is just the idea at the moment and youll never know if and how it works a prototype would be a thing
full member
Activity: 210
Merit: 100
UTRUST Community Manager
September 27, 2017, 04:49:48 AM

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.


Isn't it the case that the UTrust Tokens are not necessary for the fuctionality of the platform? The platform would also work when users only pay in other cryptos and hold their UTrust tokens. The Tokens are more a contribution stake and represent the value of the whole UTrust platform and can, as a bonus, be used to pay on the platform.

That would be correct. However, and this is not officially confirmed or anything, I can imagine that UTRUST tokens will continue to develop use-cases, such as staking by merchants to provider more trust or similar.
hero member
Activity: 1078
Merit: 504
September 27, 2017, 04:46:25 AM
There are several online platforms that give businesses the great opportunity to engage potential clients. People are fond of online shopping and this online payment transactions play a vital role. It's a vital part of the every business on how to make a purchase of payments.

online all payments how work do you know. utrust payment system will work more efficiently, because UTRUST will accept alot of crypto currency and credit card ETC.  

Yes, the popularity and the spread of Utrust will definitely be more for a venture like this. The mixture has to be with the trust of customers and in return people may just stay with the service.
full member
Activity: 686
Merit: 101
September 27, 2017, 04:43:57 AM

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.


Isn't it the case that the UTrust Tokens are not necessary for the fuctionality of the platform? The platform would also work when users only pay in other cryptos and hold their UTrust tokens. The Tokens are more a contribution stake and represent the value of the whole UTrust platform and can, as a bonus, be used to pay on the platform.
full member
Activity: 196
Merit: 102
September 27, 2017, 04:38:54 AM
Glad to see things running smoothly. looking to use UTRUST as payment and incentives in their Business's ....can see this really happening. when all things are smooth everyone would be better

Yes, Looking forward to see UTRUST together with other online payment system. This project is a game changer. The success of this project will also be the success of the Crypto world.
full member
Activity: 210
Merit: 100
UTRUST Community Manager
September 27, 2017, 04:35:08 AM
Hi everybody,

Glad to see things running smoothly. looking to use UTRUST as payment and incentives in their Business's ....can see this really happening. when all things are smooth everyone would be better

As a developer myself, I honestly cannot wait to try out the MVP/SDK once released! I recently tried implementing crypto payments into one of my personal projects and I had to settle for Stripe. Unfortunately, Stripe does never give you access to the Bitcoins and instead immediately converts them at an unknown rate into USD. Not cool, but the most convenient I'm afraid. I also looked into BitPay and others, but they all feel half-baked.

All these things are a sign that project is doing great and it will be a success. Fudders gonna FUD though.

Please don't feed the trolls 🙃

Its a great strategy, lot of ICO's buy there tokens back to get more volume and the increase the price.
This can insure the investors they will get profit and can sell there tokens at a much higher price.

The more I now about Utrust the more I like it Smiley
Great work team

Thank you very much!

In other words keep hodling Smiley until you're the last guy left and sell the tokens for 1 mil USD

Hah, the dream ✨

Judging by the table, Utrast has a weighty advantage over paypal and bitpay.
Low fees for sellers - 1% of the transaction amount will be permanent or maybe a change in better or worse?

We definitely aim to disrupt the industry. That does not mean that other projects will not adapt. And this is the very reason why competition is good. If your business is threatened, you innovate (think Lufthansa to Eurowings/RyanAir (EU) or American Airlines > Jet Blue, for example). This is almost always in favor of the end-user and will further everybody's vision of mass adoption!

Have there been any simulations carried out regarding the liquidity of the tokens with such a deflationary money policy? In other words, will the hoarding of the UTRUST tokens not hinder the functioning of the platform?

I would have to refer this to the technical department, but generally and from an economic point of view this is definitely undecided and on-going discussion between people that think inflation is necessary and people that think deflation is good. I will not get into the arguments here, but a good starting point to see the different views is this article in which the author argues that inflation is necessary while the commenters strongly disagree.

Personally, I think holding the tokens is not an issue since a lot of payments will be done through other currencies.

DAMN!

how can you just filter out whats right and whats wrong in this thread by now? everything is getting more and more confused

What is so confused to you.?
Check out their website or their promo video. The system may be complicated but its not ambiguous.

i am confused about the differing post in here. there are people who declare it as scam and others who say that its will be the thing. in promo there wont be written anything bad

There is exactly 1 user in here that spreads fear and uncertainty and this one is a hardline supporter and investor of Monetha. Our community is actually pretty transparent and we're sharing all the information we have. I suggest you do your own research and if you have any questions, just ask! I'm coming here at least once a day to answer them all.

Hope this answers it! Smiley
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
September 27, 2017, 04:34:54 AM
DAMN!

how can you just filter out whats right and whats wrong in this thread by now? everything is getting more and more confused

What is so confused to you.?
Check out their website or their promo video. The system may be complicated but its not ambiguous.

i am confused about the differing post in here. there are people who declare it as scam and others who say that its will be the thing. in promo there wont be written anything bad

Actually, there has been only one person who declared it as scam. When you check his post history you can see that he's obviously a die hard (and maybe frustrated  Smiley ) monetha supporter. But with any project you think about investing the best course anyway is to do your own proper research.
sr. member
Activity: 476
Merit: 250
September 27, 2017, 04:31:00 AM
There are several online platforms that give businesses the great opportunity to engage potential clients. People are fond of online shopping and this online payment transactions play a vital role. It's a vital part of the every business on how to make a purchase of payments.

online all payments how work do you know. utrust payment system will work more efficiently, because UTRUST will accept alot of crypto currency and credit card ETC.  
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