Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 109. (Read 247330 times)
July 10, 2014, 02:06:17 AM
check out my post from yesterday...I hope you all read my calculation as to why huge sell wall was at 0.2 ! We have a ways to go before 0.2 !!!!! Check out my calculation and you will see that HODL is the way to go
July 10, 2014, 02:05:17 AM
Please someone tell me what's the exactly reason for rising URO?
July 10, 2014, 01:57:05 AM
Address Balance Percent of all URO Distribution Up to this Address
1. UkSmT2yNWcsWYVk8Y4MusZWKpqSRZdVTpT 72,397.100 22.42 22.42
72397X0.032=2317BTC
1. UkSmT2yNWcsWYVk8Y4MusZWKpqSRZdVTpT 72,397.100 22.42 22.42
72397X0.032=2317BTC
Top wallet has been confirmed bittrex... like just about every other coin, the top wallet is an exchange. Will post the pastebin which showed true_asset confirming this with bittrex if I can dig it up.
edit: here https://www.irccloud.com/pastebin/5B5pntrd
July 10, 2014, 01:56:50 AM
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July 10, 2014, 01:54:05 AM
just in case bought several URO 
July 10, 2014, 01:51:39 AM
Anyone that buys this shit is a total retard... I just want to go on the record saying that.
Yayayayaya thats what people were saying yesterday... I did my research yesterday and bought in, and now I am already up 300%! So retarded!
July 10, 2014, 01:49:46 AM
dev is online can you tell how much urea was bought with 12500 coins
1 URO Coins = 1MT UREA as stated in the Contract and confirmed by GES
It would be clear to assume, 12,500MT of UREA was purchased
can you give me a link to the contact i cannot find where it says that
July 10, 2014, 01:49:05 AM
Anyone that buys this shit is a total retard... I just want to go on the record saying that.
July 10, 2014, 01:48:11 AM
dev is online can you tell how much urea was bought with 12500 coins
1 URO Coins = 1MT UREA as stated in the Contract and confirmed by GES
It would be clear to assume, 12,500MT of UREA was purchased
July 10, 2014, 01:45:37 AM
omg dudes... hold... u sell now well below urea price!! we can finally peg a crypto to a commodity... and the price says it should be .5 before selling fools.
+1 if people are selling below $300 usd, its just stupid, imagine the possibilities with this coin, now that its backed by UREA, a physical commodity you are essentially buying 300 usd for 10 usd
Some people dont want to take on the risk...I would gladly take the uros off their hands!
Imagine bitcoin when it was 1 dollars! July 10, 2014, 01:44:26 AM
Keep in mind:
1) Big investors in Europe just woke up to this news.
2) Next comes big investors in the USA.
3) USA East Coast starts waking up in about 6 hours.
4) West Coast tech-savvy investors start waking up in about 9.
1) Big investors in Europe just woke up to this news.
2) Next comes big investors in the USA.
3) USA East Coast starts waking up in about 6 hours.
4) West Coast tech-savvy investors start waking up in about 9.
Won't be long before Coindesk and Keiser pick this up
The issue with the structure of the URO concept, acting as a future/forward contract, is that there is no clearinghouse to guarantee the trades (delivery), any seller could back out. For those who say well you could just take the seller to court, you are fools. Obviously you have never sued anyone or been sued and probably have little to no experience in the business world.
I'm long the coin for the pump. However, I can tell you from 15+ years in the commodity business (trader for one of the 3 largest global commodity firms) without a clearinghouse, large scale adoption will be unlikely. Smart contracts might be the answer, but adoption by the global powerhouses will still be unlikely, just do to the red tape that would be involved getting passed compliance and risk departments (you have no idea what a nightmare these people are).
If anyone from the URO team has an answer to the clearinghouse issue I've put forth, please respond.
Again, I'm long this coin for the short term and just wanted to post a big picture concern. I could go way deeper as to why the clearinghouse matters, but I hate typing and I'm sure it would bore most of you.
Regards
July 10, 2014, 01:43:00 AM
Obviously English is my first language as I answered the question you asked you mighty mental midget.
you are from a third world country LOL which one is it? peru? zimbabwe? where at bro?
Just look through your posts on this thread over the last hour.. does it make you feel good that you are a total ass?
July 10, 2014, 01:41:06 AM
dev is online can you tell how much urea was bought with 12500 coins
1 URO Coins = 1MT UREA as stated in the Contract and confirmed by GES
It would be clear to assume, 12,500MT of UREA was purchased
July 10, 2014, 01:40:32 AM
omg dudes... hold... u sell now well below urea price!! we can finally peg a crypto to a commodity... and the price says it should be .5 before selling fools.
July 10, 2014, 01:40:22 AM
Obviously English is my first language as I answered the question you asked you mighty mental midget.
you are from a third world country LOL which one is it? peru? zimbabwe? where at bro?
Just look through your posts on this thread over the last hour.. does it make you feel good that you are a total ass?
July 10, 2014, 01:39:48 AM
Obviously English is my first language as I answered the question you asked you mighty mental midget.
you are from a third world country LOL which one is it? peru? zimbabwe? where at bro?
UMADBRUH?
July 10, 2014, 01:38:07 AM
dev is online can you tell how much urea was bought with 12500 coins
July 10, 2014, 01:35:15 AM
Obviously English is my first language as I answered the question you asked you mighty mental midget.
you are from a third world country LOL which one is it? peru? zimbabwe? where at bro?
July 10, 2014, 01:34:25 AM
i will not be buying yet until dev tells us how much he bought with 12500, that is when i expect it too drop sharply, the future of the coin is good now, but details on the trade are needed
July 10, 2014, 01:32:48 AM
Keep in mind:
1) Big investors in Europe just woke up to this news.
2) Next comes big investors in the USA.
3) USA East Coast starts waking up in about 6 hours.
4) West Coast tech-savvy investors start waking up in about 9.
1) Big investors in Europe just woke up to this news.
2) Next comes big investors in the USA.
3) USA East Coast starts waking up in about 6 hours.
4) West Coast tech-savvy investors start waking up in about 9.
Won't be long before Coindesk and Keiser pick this up
Kudos, you called this after investigating it very aggressively - I will be following your comments everywhere, dude.
I've won some major battles in my life just because I read alot, literacy is your friend
It's one thing to read - it's another thing to infer, analyse, read between the lines, extrapolate and truly understand. Again, kudos.
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