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Topic: UTRUST - page 581. (Read 314264 times)

newbie
Activity: 28
Merit: 0
September 22, 2017, 07:56:44 AM
The site have already change ?
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
September 22, 2017, 07:17:52 AM
Is there any reason between pre-ico and ico time gap? Most of the times it starts after pre-ico or 1-2 weeks.

28 August pre-ico and TBA ico (which will announce in the first week in October) is a large gap.
full member
Activity: 686
Merit: 101
September 22, 2017, 06:47:42 AM
I still got a question regarding the 1% fee for the buyer and I am still not sure how the convertion of cryptocurrency to fiat works in detail.

If I understand correctly these 1% fee includes, besides a commission for UTrust, the fee that is necessary to convert from crypto to fiat on an exchange. So what happens if I buy something very cheap, maybe only worth $! or something like that and I want to pay with Bitcoin. In this case the 1 % of such a tiny amount won't be enough to convert it to fiat, right?

Isn't this a general problem as long as cryptos got transaction fees? UTrust always has to send the crypto currency from its Escrow to the exchange partner in order to get it converted. Who pays for these transactions? Because as I stated above I guess the 1% fee wont be enough to cover that.

Well that's an interesting question, but the 1% don't implement the normal transaction fees if I get the answer of the dev right.

But if you see it real, you still have more fees in addition to the 1% or? Buyer and seller need to deal also with transaction costs of the crypto, or do I see it wrong?
You would likely be correct. I will clarify this for you and post it here in the next update, but the network fee is probably still to be paid by the users themselves. Given that this will become cheaper and cheaper (IOTA is free, Litecoin will soon be too, etc), this should only add insignificant overhead.

Yeah, I understand it the same way.
But as long as there are huge transaction fees (or network fees) that add up on top of the 1% fee I could understand everyone who wants to stick to traditional payment options instead of UTrust. Unforunately that's something UTrust can't do very much about for now, besides adding the option to pay with the tx-fee-free cryptos like IOTA.
full member
Activity: 336
Merit: 112
September 22, 2017, 06:15:46 AM
I still got a question regarding the 1% fee for the buyer and I am still not sure how the convertion of cryptocurrency to fiat works in detail.

If I understand correctly these 1% fee includes, besides a commission for UTrust, the fee that is necessary to convert from crypto to fiat on an exchange. So what happens if I buy something very cheap, maybe only worth $! or something like that and I want to pay with Bitcoin. In this case the 1 % of such a tiny amount won't be enough to convert it to fiat, right?

Isn't this a general problem as long as cryptos got transaction fees? UTrust always has to send the crypto currency from its Escrow to the exchange partner in order to get it converted. Who pays for these transactions? Because as I stated above I guess the 1% fee wont be enough to cover that.

Well that's an interesting question, but the 1% don't implement the normal transaction fees if I get the answer of the dev right.

But if you see it real, you still have more fees in addition to the 1% or? Buyer and seller need to deal also with transaction costs of the crypto, or do I see it wrong?
You would likely be correct. I will clarify this for you and post it here in the next update, but the network fee is probably still to be paid by the users themselves. Given that this will become cheaper and cheaper (IOTA is free, Litecoin will soon be too, etc), this should only add insignificant overhead.
sr. member
Activity: 935
Merit: 257
HAIL THE KING!
September 22, 2017, 05:24:18 AM
What are the accepted currencies to contribute in the token sale? Only ETH or is it also possible to buy in with Bitcoin?
According to the whitepaper you can participate in the token sale with Ethereum and Bitcoin.
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
September 22, 2017, 05:23:56 AM
What are the accepted currencies to contribute in the token sale? Only ETH or is it also possible to buy in with Bitcoin?

According to their whitepaper they accept both, ETH and Bitcoin.
sr. member
Activity: 476
Merit: 250
September 22, 2017, 05:20:48 AM
What are the accepted currencies to contribute in the token sale? Only ETH or is it also possible to buy in with Bitcoin?
full member
Activity: 490
Merit: 104
September 22, 2017, 04:54:49 AM
I read white paper. In principle, there are many similar payment aggregators. Here it is simply based on crypto currency. As I continue to think, the reliability of this system is based solely on trust in it. Since there is freedom of choice, anyone can use these services, if he so wishes. Perhaps even there will be a large customer base. Or maybe not. Since all the advantages of crypto-currency are offset by centralization through the payment aggregator. In return, the security of transactions is offered.
agree with you, the security of transactions decentralization, low commission and early action are the main advantages this future platform besides they have a great team with experience which waiting for success
full member
Activity: 364
Merit: 100
September 22, 2017, 04:22:12 AM
Utrust will bring a disruptive innovation in the digital payments world Smiley
full member
Activity: 686
Merit: 101
September 22, 2017, 04:02:26 AM
I still got a question regarding the 1% fee for the buyer and I am still not sure how the convertion of cryptocurrency to fiat works in detail.

If I understand correctly these 1% fee includes, besides a commission for UTrust, the fee that is necessary to convert from crypto to fiat on an exchange. So what happens if I buy something very cheap, maybe only worth $! or something like that and I want to pay with Bitcoin. In this case the 1 % of such a tiny amount won't be enough to convert it to fiat, right?

Isn't this a general problem as long as cryptos got transaction fees? UTrust always has to send the crypto currency from its Escrow to the exchange partner in order to get it converted. Who pays for these transactions? Because as I stated above I guess the 1% fee wont be enough to cover that.
hero member
Activity: 1036
Merit: 504
September 22, 2017, 03:50:59 AM
There is some healthy press and video material popping up around UTRUST, so I believe that this may be another one of those success story ICOS that have a good following and also an excellent service/product. I am confident that it will sell out quite fast, even in this bearish market and the China debacles looming over us. Nothing can stock blockchain development now and as a Chinese living abroad I embrace technological advancement as I am sure many of my Chinese countrymen will as well.
sr. member
Activity: 308
Merit: 250
September 22, 2017, 03:45:41 AM
I cant remeber Reading about dividends in the wp... Undecided

You are correct sir. They didn't mention the word dividend least when i searched it. And as far as i've read it, i can't see anything like that either.

Utrust don't give you dividends, they will raise the price or increase the value of utrust tokens by burning a percentage of the fees, which they ill convert to utrust tokens, so eventually the more people use the platform, the more utrust tokens are burnt, thus dropping the supply and increasing the value, but definitely they won't give you dividends.
Burning is very good thing for investors - it will boost price of tokens significantly, lower supply and you won't have any trouble with dividends (taxing, etc.)

This. Divindends are for projects interested in keeping the maximum amount of tokens. UTRUST needs the tokens to be used so that they are burned. That's the best way to earn with UTRUST - holding your tokens until burning increases their value.

yes, when you hold your token, it will be your devidends. so, UTRUST didn't pay any devidends.
For me I dont see any ICO pay devidend. They just try to complete project. make more people use their platform. and make toke price go up

There were some ICOs that do pay dividends, Bankera, DIMCOIN, TenX, Centra, worldcore, and perhaps some others i don't know more, but definitely there are, utrust is not one of them,  it has another way for increasing teh value of the token, so holding or trading the ups and downs will get you money Cheesy.

Would also be contra productive if they would give dividend to UTrust holder. They probably want that people use their tokens on the platform. If people would get dividend for it, they just would hodl and big investors would buy all the coins to get money from it. Also with such a small fee, they couldn't pay much, otherwise the company would not get enough to go on after the investments are used up.
hero member
Activity: 1736
Merit: 857
September 22, 2017, 03:45:09 AM
I read white paper. In principle, there are many similar payment aggregators. Here it is simply based on crypto currency. As I continue to think, the reliability of this system is based solely on trust in it. Since there is freedom of choice, anyone can use these services, if he so wishes. Perhaps even there will be a large customer base. Or maybe not. Since all the advantages of crypto-currency are offset by centralization through the payment aggregator. In return, the security of transactions is offered.
full member
Activity: 336
Merit: 112
September 22, 2017, 03:28:39 AM
I cant remeber Reading about dividends in the wp... Undecided

You are correct sir. They didn't mention the word dividend least when i searched it. And as far as i've read it, i can't see anything like that either.

Utrust don't give you dividends, they will raise the price or increase the value of utrust tokens by burning a percentage of the fees, which they ill convert to utrust tokens, so eventually the more people use the platform, the more utrust tokens are burnt, thus dropping the supply and increasing the value, but definitely they won't give you dividends.
Burning is very good thing for investors - it will boost price of tokens significantly, lower supply and you won't have any trouble with dividends (taxing, etc.)

yes, when you hold your token, it will be your devidends. so, UTRUST didn't pay any devidends.
For me I dont see any ICO pay devidend. They just try to complete project. make more people use their platform. and make toke price go up

There were some ICOs that do pay dividends, Bankera, DIMCOIN, TenX, Centra, worldcore, and perhaps some others i don't know more, but definitely there are, utrust is not one of them,  it has another way for increasing teh value of the token, so holding or trading the ups and downs will get you money Cheesy.

Would also be contra productive if they would give dividend to UTrust holder. They probably want that people use their tokens on the platform. If people would get dividend for it, they just would hodl and big investors would buy all the coins to get money from it. Also with such a small fee, they couldn't pay much, otherwise the company would not get enough to go on after the investments are used up.
full member
Activity: 448
Merit: 107
September 22, 2017, 03:20:49 AM
I also think that UTRUST will raise a lot of money, maybe they will sold out all the token. A lot of people want to join Utrust and like the concept, I hope we Will have the possibility to have a little bonus, very nice when you want to hold your token. And its a pretty good when a project has the a lot of possibility like UTRUST.
sr. member
Activity: 1792
Merit: 293
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 22, 2017, 03:08:50 AM
I cant remeber Reading about dividends in the wp... Undecided

You are correct sir. They didn't mention the word dividend least when i searched it. And as far as i've read it, i can't see anything like that either.

Utrust don't give you dividends, they will raise the price or increase the value of utrust tokens by burning a percentage of the fees, which they ill convert to utrust tokens, so eventually the more people use the platform, the more utrust tokens are burnt, thus dropping the supply and increasing the value, but definitely they won't give you dividends.
Burning is very good thing for investors - it will boost price of tokens significantly, lower supply and you won't have any trouble with dividends (taxing, etc.)

yes, when you hold your token, it will be your devidends. so, UTRUST didn't pay any devidends.
For me I dont see any ICO pay devidend. They just try to complete project. make more people use their platform. and make toke price go up

There were some ICOs that do pay dividends, Bankera, DIMCOIN, TenX, Centra, worldcore, and perhaps some others i don't know more, but definitely there are, utrust is not one of them,  it has another way for increasing teh value of the token, so holding or trading the ups and downs will get you money Cheesy.

devidends from UTRUST is when you bought coin during ICO and you will get some bonus.
after that, hold and trade it when price is go up, that the second devidends.
full member
Activity: 588
Merit: 100
September 22, 2017, 02:51:58 AM
Is this ICO over? You guys are touting "fluctuation protection" for your gateway payment. How are you going to do that without operating in fiat in large scale exclusively!

prices can be updated continuously. for instance if the price of the token increases, then the price for a service decrease proportionally. I don't know if that's the way they'll do it, but it's one way.
sr. member
Activity: 798
Merit: 262
September 22, 2017, 02:35:38 AM
Is this ICO over? You guys are touting "fluctuation protection" for your gateway payment. How are you going to do that without operating in fiat in large scale exclusively!

Presale and PreICO are over but Ico is yet to start and expect them to announce it in the first week of October.

are there dicounts at the beginning of the ICO?

They didn't announce the beginning of the ico and any bonuses with it. Actually, most of us missed pre-sale and pre-ico so at beginning a little discount would be nice.

be ready guys for ICO. this opportunity will not come again. i also invest some money more in this project. u trust project is promising project. i think we will not get chance again after ICO.

Yeah, It seems the best way to transact online without worrying about selling our crypto first into FIAT.
hero member
Activity: 742
Merit: 505
September 22, 2017, 02:25:19 AM
Lots of token supply on offer, if not sold 100% all token sisahnya whether to burning? if you see see token him quite a lot, but hopefully his token sold all and can run out
Please fix your post, it still containing with some words which didn't translated yet.
I doubt if UTRUST token will not sold out when they starting the  ICO, this is the best after monetha currently
sr. member
Activity: 476
Merit: 250
September 22, 2017, 02:21:17 AM
Is this ICO over? You guys are touting "fluctuation protection" for your gateway payment. How are you going to do that without operating in fiat in large scale exclusively!

Presale and PreICO are over but Ico is yet to start and expect them to announce it in the first week of October.

are there dicounts at the beginning of the ICO?

They didn't announce the beginning of the ico and any bonuses with it. Actually, most of us missed pre-sale and pre-ico so at beginning a little discount would be nice.

be ready guys for ICO. this opportunity will not come again. i also invest some money more in this project. u trust project is promising project. i think we will not get chance again after ICO.
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