UTRUST

[SEELE^^01]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

[sockpuppet1911]

The thing is, UTRUST is always being 100% compliant. Other ICOs which I won't mention here already have problems with this. Some of them may run into legal issues in the future, others have problems being accepted by any major exchanges. UTRUST is not about the ICO (yet, it is a vital part!). We are establishing a legal framework that will set out the base for a bright future and years to come.

Our entire team believes firmly in what we are building now and these goals can only be achieved if you do it the right way from the ground up.

Yes, this indeed puts some hurdles into our way in regards to excluding some investors, but in the end we want to be here for the next generation ("Web 3.0") which, in our opinion, is build with blockchain technology! 👏

PayPal's original vision was to replace paper money.

We're definitely onto something big. The need PayPal answers is monumental. Everyone in the world needs money – to get paid, to trade, to live. Paper money is an ancient technology and an inconvenient means of payment. You can run out of it. It wears out. It can get lost or stolen. In the twenty-first century, people need a form of money that's more convenient and secure, something that can be accessed from anywhere with a PDA or an Internet connection. Of course, what we're calling 'convenient' for American users will be revolutionary for the developing world. Many of these countries' governments play fast and loose with their currencies. They use inflation and sometimes wholesale currency devaluations, like we saw in Russia and several Southeast Asian countries last year [referring to the 1998 Russian and 1997 Asian financial crisis], to take wealth away from their citizens. Most of the ordinary people there never have an opportunity to open an offshore account or to get their hands on more than a few bills of a stable currency like U.S. dollars. Eventually PayPal will be able to change this. In the future, when we make our service available outside the U.S. and as Internet penetration continues to expand to all economic tiers of people, PayPal will give citizens worldwide more direct control over their currencies than they ever had before. It will be nearly impossible for corrupt governments to steal wealth from their people through their old means because if they try the people will switch to dollars or Pounds or Yen, in effect dumping the worthless local currency for something more secure.

https://en.wikipedia.org/wiki/Peter_Thiel#PayPal

Now PayPal has banking licenses necessary to process fiat. Both PayPal and their users are not allowed to touch cryptocurrencies.

According to the PayPal Acceptable Use Policy updated on July 1, 2015, using bitcoin to transfer or “top-up” Paypal is “illegal,” as it violates one of the terms of the official policy:

“You may not use the PayPal service for activities that relate to transactions that involve currency exchanges or check cashing businesses”

How can you ensure that the same will not happen to UTrust?

Damn. Paypal really is full of sht. If they said this, it would be really stupid. I think they have not heard the phrase "word of honor".
These guys do not deserve the trust given to them by people.

Now that you've mentioned it, i am starting to wonder already. This is pretty scary. Because if utrust does the same, it will really be bad for the crypto currencies. People will think utrust abandoned cryptos because they are not legitimate or just useless.

Imho speculation that utrust would do this is pretty far fetched, it's based on blockchain technology and got nearly all it's funding from heavy crypto users, that is going to be their userbase in the near future too. If they would lose the crypto payments, they would lose the whole edge on competition. That would be same as giving up, and wouldn't make any sense. So i highly doubt that they'll take the paypal route

[FIEX]

Actually, the bounty hunters will only have about 5% of the total token supply.
If the token's price is drop more than 5% , then its not only because of bounty hunters.
The thing is you wont prevent the dump if youre only thinking about bounty hunters.

Thats not correct.
If someone of the bounty hunters sell the tokens 3 times under the ico value price will drop a lot. It all depends on what the ask as price.

Lets hope after this ICO the price will go up instead of down

[sockpuppet1911]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

I don't think that this would work. I haven't seen it working in the past anyway. People will just wait for the bounty drop to come and won't invest without a dump happening before. Decent even tried to give bounties in batches after a month lock up, look how that went.

[magisterr]

What you say about? I partipiating in bounty and want to hold my tokens. But better distribute bounty asap, than people, who want to sell - sold tokens and price growing. If they hold our tokens, than people will wait bounty and investors also will selling their tokens cheaper in this 2 month.

[the_donald]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

wouldn't the dump happen then instead? the price decreasing would only be delayed.

[sebfl88]

Can someone tell me when the KYC process starts? How do I upload or send my personal data to get the coins later?

[alphashotgun]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

wouldn't the dump happen then instead? the price decreasing would only be delayed.

its a normal thing that there is something like a bounty dump and everybody knows that. its even appreciated by people who want a lil lower price than the icoprice. the time after that states the real price

[2012]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

wouldn't the dump happen then instead? the price decreasing would only be delayed.

its a normal thing that there is something like a bounty dump and everybody knows that. its even appreciated by people who want a lil lower price than the icoprice. the time after that states the real price

https://asktom.cf/index.php?topic=2078526

Please move this bounty related talk into relevant thread it doesn't make any sense to keep talking about bounty people will dump or not. Let this main thread clean for general discussion.

[magisterr]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

wouldn't the dump happen then instead? the price decreasing would only be delayed.

its a normal thing that there is something like a bounty dump and everybody knows that. its even appreciated by people who want a lil lower price than the icoprice. the time after that states the real price

https://asktom.cf/index.php?topic=2078526

Please move this bounty related talk into relevant thread it doesn't make any sense to keep talking about bounty people will dump or not. Let this main thread clean for general discussion.

Im absolutely agree! People write about bounty, but dont partipiciate in this bounty even. Its general thread for general question / discussion (about project, not for bounty).

[levyashin]

Ico is ending in two days. Isn't it short that only 1 weeks for ico?

Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.

[mroks]

just been ban from the telegram group, I just ask what people think about this revue https://cryptobriefing.com/utrust-ico-review-token-analysis/  I did not want to make mess on the ico. Just want some feedback and informations.  

thx for the censorship, you should worry

[Kakumei]

just been ban from the telegram group, I just ask what people think about this revue I did not want to make mess on the ico. Just want some feedback and informations.  

thx for the censorship, you should worry

I apologise, one of our mods must have overreacted. They're instructed to take care of FUD.

Yes, I’ve read it and I’ve also read the full chat between Nuno and him. Personally, it reads like it is written with a negative agenda as he specifically chose not to disclose a lot of information that Nuno provided him (school, university degree, companies he founded, skype, facebook, …). Instead, he chose to write an article that feels like an attack under the false pretenses.

Feel free to always hit me up on Telegram (@rebers) if you  have any problems.

You're unbanned now.

[loup]

Ico is ending in two days. Isn't it short that only 1 weeks for ico?

Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.

They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO.

[Trrrt]

Yes more than 40% of the token already sold, its pretty nice at the moment, it’s a sucess when you see how hard is the period. And i think it will continue, more money will be raised, investors really enjoy Utrust.

[loup]

just been ban from the telegram group, I just ask what people think about this revue I did not want to make mess on the ico. Just want some feedback and informations.  

thx for the censorship, you should worry

I apologise, one of our mods must have overreacted. They're instructed to take care of FUD.

Yes, I’ve read it and I’ve also read the full chat between Nuno and him. Personally, it reads like it is written with a negative agenda as he specifically chose not to disclose a lot of information that Nuno provided him (school, university degree, companies he founded, skype, facebook, …). Instead, he chose to write an article that feels like an attack under the false pretenses.

Feel free to always hit me up on Telegram (@rebers) if you  have any problems.

You're unbanned now.

Yhat's the right way to deal with things like this. I'm glad this project doesn't forget about the social media like others.

[Mercedes]

well, the dump of the bounty hunters will surely drop the price after the ico for sure. but if the bounty hunters tokens are locked for lets say 1-2 months, a dump would not affect the price very much.

are you bounty hunter? why did you say this , it's funny!

[magisterr]

KuCoin, first exchange supporting UTK — we have partnered up with KuCoin, one of the hottest Bitcoin exchanges on the market right now, and more exchanges coming soon

How about other exchanges? You have some arragements with biggest exchanges already? 

[matjas]

Ico is ending in two days. Isn't it short that only 1 weeks for ico?

Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.

They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO.

I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week.

[loup]

Ico is ending in two days. Isn't it short that only 1 weeks for ico?

Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.

They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO.

I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week.

this decision was probably taken before knowing about bitcoin fork