UTRUST is in a position to dominate the payments space.

btc78

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Quote from: Iconochron on March 11, 2022, 01:16:24 PM

1 low fees per transaction
2 All transaction risk is assumed by UTRUST, not the customer
3 Instant purchasing power for things like travel, sports cars and everything else using a wide variety of coins
4 Elrond is now at the helm and I see greatness ahead. I hope a variety of commodities like grain, gold, silver, oil just to name a few can also become seamlessly integrated into the party then we can spend like there is no end.

I am always having double thinking when the post of Shilling coming from a newly created account that only made a post for the project/token he was shilling for and then gone out of the forum.
this is a very suspicious activity for my experience here in forum.

Quote from: AB de Royse777 on March 12, 2022, 01:22:37 PM

Quote from: passwordnow on March 12, 2022, 04:27:00 AM

I think I've known this project in the past and quite familiar of it.

It's UTK. They had a successful ICO. It was hyped. I joined their ICO but never was able to make profit. I held the tokens and thought some day I will get some good return. If I look at my old wallets then I may find the tokens are still there :-D

Now i know why i doubt this the very moment i read the title because this is the ICO that have joined by my brother and yeah fails to even make a profit .

monineklutak

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UTRUST is one of the best old projects in my opinion, compared to old projects like NXT, IGNIS and XRP,
UTRUS is still a very profitable and very promising coin, I can call it GEM coin, but if you buy UTK at the current price it is very risky ,
because the UTK price has also increased by 4000% from the all time low, make sure that the strategy must be used in this investment

mdzahed134

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Quote from: Iconochron on March 15, 2022, 03:01:23 PM

https://www.coinspeaker.com/utrust-announces-partnership-germanys-largest-e-commerce-solution-gambio-enable-cryptocurrency-payments/
This link will be helpful in showing the latest partnerships with UTRUST. it is also a great idea to visit the UTRUST site for detailed information: https://utrust.com/
Thanks for all the replies.

This article was published in 2018, The latest news in their twitter UTRUST has received a licence from portuguese central bank as crypto online payment provider, It seems big news but i didn’t see an impact on the price after released this news. This project has a lot of big partnership but i don’t know why gradually decreasing the trading volume even after listed a several major exchanges.

Iconochron

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https://www.coinspeaker.com/utrust-announces-partnership-germanys-largest-e-commerce-solution-gambio-enable-cryptocurrency-payments/
This link will be helpful in showing the latest partnerships with UTRUST. it is also a great idea to visit the UTRUST site for detailed information: https://utrust.com/
Thanks for all the replies.

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Quote from: Nivia1st on March 13, 2022, 04:53:10 AM

would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

He said " in a position" and not already dominating. You just miss read it but it's true that the project is not really that popular compare to when they first announced it. If they are serious and they want to dominate the payment space then they can start in the marketing. They need to promote the coin heavily so that they can get a lot of investors.

I noticed that only few projects have survived and if they survived they are not being talked about a lot. Is this because people now focus on the newer trends? but except for the good old projects like btc and eth. Anyway I have this utrust coin before, I get in on a campaign I think? and I'm thankful because I sold the coin for a good profits.

ololajulo

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The OP should share the link to the source of the information on UTRUST

Farma

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Quote from: AB de Royse777 on March 12, 2022, 01:22:37 PM

Quote from: passwordnow on March 12, 2022, 04:27:00 AM

I think I've known this project in the past and quite familiar of it.

It's UTK. They had a successful ICO. It was hyped. I joined their ICO but never was able to make profit. I held the tokens and thought some day I will get some good return. If I look at my old wallets then I may find the tokens are still there :-D

I have also participated in the ICO of this project, I forgot maybe in 2017 or 2018, however I got quite a lot of profit from this project. well, knowing this is an old, still active project, that's a very good thing. in fact, I remember that I sold this asset when the price was still in the $0.15 to $0.2 range, well, I forgot what the fixed value was. currently the price has reached $ 0.4. some people may also support this project from the bounty. The ATH on this coin once reached $1.5 which is impressive.

if you want to find information about this coin, CMC might be quite helpful https://coinmarketcap.com/currencies/utrust/

Strongkored

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UTK make automatic swaps to new contract addresses last year and also last year they can reach ATH $1.49
Well, I have UTK on the exchange and lucky last year able to sell it and get good profit, unfortunately the price came back down.
Surprise UTK continues to develop their projects and from many ICOs in 2017 only a few still developing their project and one of them is UTK.

passwordnow

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Quote from: AB de Royse777 on March 13, 2022, 08:11:44 AM

Quote from: passwordnow on March 12, 2022, 06:27:41 PM

Thanks, that's why I think I'm familiar to them and they're one of those that has a very hype ICO way back then. Looking at its chart then I think that you're still at losses if you ever decide to sell it now. Their ATH was just during after their launching and after that, the price has slumped.

I sent them ETH and I think at that time ETH price was $300 (more or less). You can do your math now :-P

Woopsie, it's way higher than now if it's for ETH and not on Utrust.

Quote from: AB de Royse777 on March 13, 2022, 08:11:44 AM

Quote

Well, maybe there could be one day that it will get a nice pump because it's on Binance and other exchanges too.

If that happen then main challenge for me will be to find the wallet LOL. Right now I am not even bother to look for it.

Well, I can feel you that there's no need to bother anymore because of what happened. A few hundreds might still be worth it if ever you're on it and want to spend some time selling it. Tongue

Reatim

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Quote from: Scripture on March 13, 2022, 04:58:15 PM

Quote from: Nivia1st on March 13, 2022, 04:53:10 AM

would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

Probably another hype on the project just like on their ICO, though the project is good but saying to dominate the payment system might be too much for UTK. The price is still down and was not able to make a new peak last bull trend so I think something is wrong about this project that needs to be improve, if this is a real big thing people will use this eventually, they have good partners already though.

they are not contented in what had happened in their ICO that is why now thay are having those new created account to spread their project?

I also have idea of how some project that has successful ICO only fooling their investors as they are also the one who bought high part so the project will look successful and there are small investors that will put their money in.

CaVO32

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Quote from: Vaskiy on March 13, 2022, 07:39:35 PM

Quote from: Scripture on March 13, 2022, 04:58:15 PM

Quote from: Nivia1st on March 13, 2022, 04:53:10 AM

would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

Probably another hype on the project just like on their ICO, though the project is good but saying to dominate the payment system might be too much for UTK. The price is still down and was not able to make a new peak last bull trend so I think something is wrong about this project that needs to be improve, if this is a real big thing people will use this eventually, they have good partners already though.

Whenever some update/partnering is being done, the same is being projected in the form of hype. This is why it looks like more of a hype to a good project. This has been in the market for a long and has got good volume. For all early investors through the ICO, now could've gained good out of the project. Apart there is no big price movements. Whenever something is promoted they used to make such competing statements to reach the common users.

Up until today, only few alts are known to be used by the payment sector. Usually, it is only BTC, ETH, DOGE, LTC or XRP. We can add TRX if you want. But UTRUST, haven't seen any merchant or shop or e-commerce accepting this payment method. So how can it dominate in the payment space when no one can recognize this alt as one of the most used coins in the payment sector? And as compared to most popular alts, they don't even have high liquidity in exchanges like in Binance. So don't know where the OP is coming from with his statement.

One thing that the OP can do though, is list all these merchants or shops accepting UTK at the moment. Maybe, we can determine if this alt is indeed being used as payment method.

Vaskiy

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Quote from: Scripture on March 13, 2022, 04:58:15 PM

Quote from: Nivia1st on March 13, 2022, 04:53:10 AM

would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

Probably another hype on the project just like on their ICO, though the project is good but saying to dominate the payment system might be too much for UTK. The price is still down and was not able to make a new peak last bull trend so I think something is wrong about this project that needs to be improve, if this is a real big thing people will use this eventually, they have good partners already though.

Whenever some update/partnering is being done, the same is being projected in the form of hype. This is why it looks like more of a hype to a good project. This has been in the market for a long and has got good volume. For all early investors through the ICO, now could've gained good out of the project. Apart there is no big price movements. Whenever something is promoted they used to make such competing statements to reach the common users.

TastyChillySauce00

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The good thing from this token is if it can still exist in the market while there are so many payment system tokens that already dead. I never use utrust but i do know how the performance of this token.
This is not doing so well nor bad too. The main concern is calling utrust will be dominating the cryptocurrency is a mislead. It has so many competitors that have better payment option like cryptodotcom and binance.
This will become the black horse in the payment system field to compete with another payment system that already developed by the big exchange sites like what i have mentioned above.
It's too early to say that if utrust will be dominating this field.

Scripture

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Quote from: Nivia1st on March 13, 2022, 04:53:10 AM

would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

Probably another hype on the project just like on their ICO, though the project is good but saying to dominate the payment system might be too much for UTK. The price is still down and was not able to make a new peak last bull trend so I think something is wrong about this project that needs to be improve, if this is a real big thing people will use this eventually, they have good partners already though.

masterrex

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Quote from: Iconochron on March 11, 2022, 01:16:24 PM

1 low fees per transaction
2 All transaction risk is assumed by UTRUST, not the customer
3 Instant purchasing power for things like travel, sports cars and everything else using a wide variety of coins
4 Elrond is now at the helm and I see greatness ahead. I hope a variety of commodities like grain, gold, silver, oil just to name a few can also become seamlessly integrated into the party then we can spend like there is no end.

IMO, I think Utrust has already proven its existence in the crypto market and it survived in the challenging times in this industry during 2018 the longest bearish period in the crypto industry so that makes sense to me that Utrust has its own capacity to remain competitive despite the unfriendly situation in the crypto market, but as I said always in crypto everything can happen and no platform or coins that can guarantee everything even Bitcoin has subjected to that so just hold and keep believing.

AB de Royse777

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Quote from: passwordnow on March 12, 2022, 06:27:41 PM

Thanks, that's why I think I'm familiar to them and they're one of those that has a very hype ICO way back then. Looking at its chart then I think that you're still at losses if you ever decide to sell it now. Their ATH was just during after their launching and after that, the price has slumped.

I sent them ETH and I think at that time ETH price was $300 (more or less). You can do your math now :-P

Quote from: GreatArkansas on March 12, 2022, 08:43:44 PM

I remember this project, I already heard this before around 2017 - 2018. When bear market before, there are a lot of altcoins on my watchlist including this one, but yeah, just like what happened to all altcoins around 2017-2018, most of them lost almost 90% of their value since ICO or initial price including this UTRUST (UTK).

Those crypto experts on Telegram (I am pretty sure they are still thriving). Those so called experts know which coins to trade, which ico to buy. All pump and dump schemes. The trap to invest in UTK as mainly a reason for me to join a telegram channel which I thought may provide some education back at that time.

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would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?

GreatArkansas

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I remember this project, I already heard this before around 2017 - 2018. When bear market before, there are a lot of altcoins on my watchlist including this one, but yeah, just like what happened to all altcoins around 2017-2018, most of them lost almost 90% of their value since ICO or initial price including this UTRUST (UTK).

Let's talk about the project now, yeah they are still delivering their project regardless of what happened to the price of their altcoins before and that's how I was amazed to them. They are focus on payment which one of the majors problem about crypto right now which is high transaction fees.

makishart

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For real? as a crypto payment users and i will be disagreed with your opinion. This is caused by the fact that i prefer to use the payment gateway that developed by the exchange site like binance.
You can also see how many people are using binance pay compared with this service. Your title was not true. Dominating the payment space is an impossible thing.
The exchange site is in a better position to do this caused by it has so many things that support to develop the payment system like integrating it with its exchange site. This will make people will be able spend their assets easily.

goaldigger

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UTK continues to improved and made a good partnership over the past years. I have this token before and was able to sold it last year when there was able to rise again, and now its down I see the opportunity again to buy back. They made a good run before attracting the investors, and they are able to stay even if there’s a huge competition with regards to online payment, this token will be big again they are meant to stay and compete with other tokens.

passwordnow

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Quote from: AB de Royse777 on March 12, 2022, 01:22:37 PM

Quote from: passwordnow on March 12, 2022, 04:27:00 AM

I think I've known this project in the past and quite familiar of it.

It's UTK. They had a successful ICO. It was hyped. I joined their ICO but never was able to make profit. I held the tokens and thought some day I will get some good return. If I look at my old wallets then I may find the tokens are still there :-D

Thanks, that's why I think I'm familiar to them and they're one of those that has a very hype ICO way back then. Looking at its chart then I think that you're still at losses if you ever decide to sell it now. Their ATH was just during after their launching and after that, the price has slumped.
Well, maybe there could be one day that it will get a nice pump because it's on Binance and other exchanges too.

AB de Royse777

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Quote from: passwordnow on March 12, 2022, 04:27:00 AM

I think I've known this project in the past and quite familiar of it.

It's UTK. They had a successful ICO. It was hyped. I joined their ICO but never was able to make profit. I held the tokens and thought some day I will get some good return. If I look at my old wallets then I may find the tokens are still there :-D

Ararbermas

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That name seems familiar, i think it is a platform and has token in the market as well like binance which BNB if i remember it correctly.

By the way good to see that such project offer low fees per transaction because its very rare nowaday, So surely it can get more attention and has potential.

passwordnow

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I think I've known this project in the past and quite familiar of it.

Quote from: Iconochron on March 11, 2022, 01:16:24 PM

2 All transaction risk is assumed by UTRUST, not the customer

What does this mean? All transactions being done through this crypto is going to have its risk bear by the project itself? I don't understand it so let me understand what it is all about. What could be the possible risk that the users can have and utrust itself has to shoulder it? Still got a lot of trading volumes happening for this coin as it's on binance and other known exchanges.

Iconochron

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1 low fees per transaction
2 All transaction risk is assumed by UTRUST, not the customer
3 Instant purchasing power for things like travel, sports cars and everything else using a wide variety of coins
4 Elrond is now at the helm and I see greatness ahead. I hope a variety of commodities like grain, gold, silver, oil just to name a few can also become seamlessly integrated into the party then we can spend like there is no end.

Topic: UTRUST is in a position to dominate the payments space. (Read 168 times)