is there multiple round of sale? i saw $.0.065 per token till week. any price change after?
no. they say price will always be 0.065$ till the end of ICO
I'm eager to see the market behavior after the coin hits exchanges. The ROI should be quite interesting right from the start.
If I am correct UTRUST does not pay dividends nor do you get a stake in their company, right? Then I do not think the value will go beyond $0.065 in the first year. More likely to go down because 15% of the tokens were sold below that price.
It is a probability but not certain. They will burn some tokens as utrust works. Besides, there would be some interest on the market.
It is a good project and if it performs well, it will never fall below 0.065$. At least I'm acting like it is.
Valuation is a strange thing in the cryptosphere.
If we purely look at the hard numbers:
10% sold at $0.02, 5% at $0.03 and 70% at $0.065
5% issued to bounties and
5 x 2% issued per year "to support future steering of the project" (not sure if these are sold or given to partners)
Average price = $0.049
18 x max. 50M tokens burned each year. That is a 5% gain after the first year.
After one year = $0.051
After two years = $0.054
Will take some years of holding to see ROI.
But again, valuation is a strange thing in the cryptosphere. Bitcoin itself has no intrinsic value, like the dollar, nor is it backed by an army, unlike the dollar. Yet Bitcoin's market cap has surpassed that of Goldman Sachs.
As you said, the cryptoworld is quite unpredictable. Nevertheless you gave us reasonable arguments why we, with all the hype here, should stay rational here and have realistic expectations.
you can't really tell whats gonna happen tomorrow.. .
In traders perspective you must always stay sharp and smart regarding crypto its really a roller coaster ride, you can be having a millions now and be rekt tomorrow you must be prepared from the storm..
but from the perspective of investors they say if you can't handle my -20% you do not deserve the 700%..
I agree with the above comment, in addition no one can predict prices now, until there’s a chart where will become the guide for the traders from the chart you can now do technical analysis. But for Utrust based on fundamentals i think this will be sold out on ico launch.
The fundamentals say you do not own a part of UTRUST if you hold the tokens, you do not get dividends and you do not share in the profit UTRUST makes. The only technical force driving the price up is the burn rate, which takes more than two years to RoI. But if you sit out the 18 years minimum, sure, you are potentially looking at a 10x return on your investment.
So this is quite strange to me, since burn rate is the sole technical driver of the price, the performance of UTRUST could be considered more a risk than a boon to the price. I could program a coin or token to have a guaranteed burn rate of 10% per month, why wouldn't it be more valuable than UTRUST tokens?
