bitcoin exchanges

http://www.coindesk.com/companies/exchanges/

here's one for malaysia:
http://www.coindesk.com/bitx-opens-feature...hange-malaysia/

Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.

Is UFUN Legal?  Go do your homework and come back after CNY and lets see.
https://www.youtube.com/watch?v=9FKv0Hje9Xs

It's up to the people. If they believe in it, they will invest. If not, it's their right to do so.