UTRUST

[Avirunes]

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.

You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...

You rather hold CMC's stats also as correct? I know what is selling and what is burning also it was mentioned that Utrust would be burning some coins every year but I don't think they reserved like 100M tokens to be burned.

Either way there wasn't any announcement as of burning coins so it is hard to believe that they did that.

[lennox_dan]

I'm so happy, bought it @60 cents! I guess the price will rise again after the S. Korean Ban be lifted off on this coming January 20..

Where did you get the information about South Korean ban?

[DynamQ]

I don't see how listing on hitbtc will increase price.  It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover.  I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.

You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...

You rather hold CMC's stats also as correct? I know what is selling and what is burning also it was mentioned that Utrust would be burning some coins every year but I don't think they reserved like 100M tokens to be burned.

Either way there wasn't any announcement as of burning coins so it is hard to believe that they did that.

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

[btcblockchain]

Well, I used to pay with credit card so can I pay with cryptocurrency using your tokens everywhere?

Still, we have wait announcement from the company because it will take sometime to get all the development happen. Already it is possible where ever the payment option is supported.

[lennox_dan]

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

[RonMank]

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

There will be no burning. 2 % for Bitcointalk bounties and 3 % for special bounties but no onw knows for what the special bounties  will be used. I guess for nothing:)

[Crypto privacy]

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

[foolishorient]

merchant form "call for merchants" is closed. I think they already have enough for testing.

[kidsupreme2216]

merchant form "call for merchants" is closed. I think they already have enough for testing.

merchants are very positive in their platform...Go UTrust! secure the online payments for our future!

[bradpeterson]

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

So what's wrong with market now?

[janggernaut]

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

There will be no burning. 2 % for Bitcointalk bounties and 3 % for special bounties but no onw knows for what the special bounties  will be used. I guess for nothing:)

Special bounties are reserved for future bounty and also for local moderator (the one who translated and updated any information on their each region).

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

So what's wrong with market now?

What he means is, UTK still cheap for now.

[mariner_southampton]

merchant form "call for merchants" is closed. I think they already have enough for testing.

what do you mean by this?

[Avirunes]

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

There will be no burning. 2 % for Bitcointalk bounties and 3 % for special bounties but no onw knows for what the special bounties  will be used. I guess for nothing:)

A full overview of special Bounty will be released at the end. We did used special bounties like about 60-70%(unsure about real figure tho) in special campaign's and also it did played an important role.

We still have to decide about the unused portion of special though. We probably might use for future airdrops but we need to decide it with Utrust team so that project's promotion on goes after the ICO as well.

[thomascr9695]

The only coin I'm holding in green atm 😀

[Jay2408]

The only coin I'm holding in green atm 😀

Yeah, same with me  . I'm glad I bought some more today when the price was very cheap.

[EMS-007]

By the way, is there any bounty campaign to participate in?

There was. But it has ended some months ago.

Okay, but they surely have to provide alternative promotions, haven't they?

No idea. Better ask them (UTRUST's dev) directly.

I'm so happy, bought it @60 cents! I guess the price will rise again after the S. Korean Ban be lifted off on this coming January 20..

Price will be rise again after bounty hunter dumping their token

You are right but the downfall price won't be as terrible today IMO..

[mariner_southampton]

Impressive recovery. Breaking the FUDs. Please hang in there. The price is still so juicy to buy! Imagine, it is yet to hit any major exchange yet so ENTER now so even if there is a correction in the future after hitting the bigger exchanges (read: after pumping), you are still in the money!

[Watanabe1505_]

Ignore FUDs we are being straight to the MOON.

[foolishorient]

merchant form "call for merchants" is closed. I think they already have enough for testing.

what do you mean by this?

actually i saw someone still. looking for the form to. sign up and asking on telegram. but it is already closed. there are other payment platforms but no merchant is interested. You dont imagine. merchants need utk, its real.

[jptrust]

Hi guys, holder here. If you are in from ico, no reason to do anything unless cash is needed. Currently there is lack of value in crypto for consumers. utrust is providing this which is truly helpful for mass adoption + there is huge value for businesses as of chargebacks. Very solid. Just my 2 cents.

I wanted to ask how are utrust tokens used inside the platform? When you connect your wallet you should first convert crypto to UTK tokens to have available balance for shopping or does it happen automatically so that it will pick the amount from one of your wallets and converts to UTK and then to fiat?

Also, utrust seeing increased usage, isn't there demand increasing for UTK within the platform? If there is 1 million $ payments through utrust on ecommerce, utrust volume would be 1 mil?

What happens when utrust converts tokens to fiat for the merchant. Do the tokens go back into circulation?

My apologies if it's explain within the whitepaper.

Thanks and keep waiting. We have been only on the market for some days.