I think a name change from URO to something like NITRO (for nitrogen) would greatly help with credibility. URO sounds too urological like "urine" and makes some people think it's a joke.
i honestly think nitro sounds way more like a joke than uro.
Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 126. (Read 247330 times)
July 08, 2014, 04:22:35 PM
i honestly think nitro sounds way more like a joke than uro.
July 08, 2014, 04:09:43 PM
I think a name change from URO to something like NITRO (for nitrogen) would greatly help with credibility. URO sounds too urological like "urine" and makes some people think it's a joke.
July 08, 2014, 04:06:21 PM
Seem very legitimate indeed. Excited to see how this plays out.
July 08, 2014, 03:58:01 PM
Here is a photo of Nilesh Nair in Fiji at a Sugar Cane farm
http://www.slideshare.net/NileshNair/nilesh-nair-fiji-sugar-cane-2007
Notice the publication date (and the date of the photo claimed)
Also here they are listed on Petro Finder as a commodity dealer
http://www.petrofinder.com/member_list/member_list_new.php?page=35
Also here is Niles Nair's personal homepage
http://www.nileshnair.info
http://whois.domaintools.com/nileshnair.info
Registered in Australia in 2013 by John Bergerson, the sales manager for Green Earth, here is his linkedin
http://www.linkedin.com/pub/john-bergerson/53/527/869
And finally look at the video of Nile's homepage, it's a youtube video and what logo do I see on a piece if equipment in a sewage process treatment plant?
http://www.youtube.com/watch?feature=player_embedded&v=FPigVHZgikw
6:02
What a forward thinking scam, even sneaking into a sewage processing plant and slapping their logo on it lol there is even more equipment shown later too with that logo
http://www.slideshare.net/NileshNair/nilesh-nair-fiji-sugar-cane-2007
Notice the publication date (and the date of the photo claimed)
Also here they are listed on Petro Finder as a commodity dealer
http://www.petrofinder.com/member_list/member_list_new.php?page=35
Also here is Niles Nair's personal homepage
http://www.nileshnair.info
http://whois.domaintools.com/nileshnair.info
Registered in Australia in 2013 by John Bergerson, the sales manager for Green Earth, here is his linkedin
http://www.linkedin.com/pub/john-bergerson/53/527/869
And finally look at the video of Nile's homepage, it's a youtube video and what logo do I see on a piece if equipment in a sewage process treatment plant?
http://www.youtube.com/watch?feature=player_embedded&v=FPigVHZgikw
6:02
What a forward thinking scam, even sneaking into a sewage processing plant and slapping their logo on it lol there is even more equipment shown later too with that logo
July 08, 2014, 03:49:33 PM
One should always be skeptical. I'm still skeptical but I've bought some because, as you point out, this appears far more legitimate than most coins. The reason one needs to be more skeptical in a case such as this is because of the magnitude of the claims and promises made. What this coin wants to do is a pretty momentous, far-out goal and it is hard to believe at first (especially because of how many scams do take place here) so of course it needs more substance than the usual coin to back it up.
Well I'm not naive to 100% think it is going to work but people seem to think having a grand idea or a business plan that may ultimate fail constitutes a scam now too. I'd rather invest in a failed idea than a successful con.
+10000MT urea
July 08, 2014, 03:46:27 PM
I think it's really great that these fertalizer companies are saying fuck their customers the farmers and giving millions of dollars to crypto miners and investors.
To create a crypto backed by shit they could have done an IPO and sold it for the price of shit.
If they wanted to create buzz they could have given URO out to their customers, the farmers, for free which would create adoption by the very people URO is intended for and allowed the poor farmers to profit
They could buy up all the vastly undervalued URO on the exchanges to cut the losses they are going to take giving out free Urea
Instead they are giving Urea away for pennies on the dollar and all so crypto miners and investors can get filthy rich. URO foundation are a bunch of swell guys for giving away all that wealth to strangers around the world that have nothing to do with their business. Fuck all those poor farmers, show me da money Uro foundation
To create a crypto backed by shit they could have done an IPO and sold it for the price of shit.
If they wanted to create buzz they could have given URO out to their customers, the farmers, for free which would create adoption by the very people URO is intended for and allowed the poor farmers to profit
They could buy up all the vastly undervalued URO on the exchanges to cut the losses they are going to take giving out free Urea
Instead they are giving Urea away for pennies on the dollar and all so crypto miners and investors can get filthy rich. URO foundation are a bunch of swell guys for giving away all that wealth to strangers around the world that have nothing to do with their business. Fuck all those poor farmers, show me da money Uro foundation
Clearly you have shit for brains too because feces is not even a component of Urea.
wow that really clears things up...this shit coin's scam isn't premised on feces. It all makes sense now
July 08, 2014, 03:42:17 PM
One should always be skeptical. I'm still skeptical but I've bought some because, as you point out, this appears far more legitimate than most coins. The reason one needs to be more skeptical in a case such as this is because of the magnitude of the claims and promises made. What this coin wants to do is a pretty momentous, far-out goal and it is hard to believe at first (especially because of how many scams do take place here) so of course it needs more substance than the usual coin to back it up.
Well I'm not naive to 100% think it is going to work but people seem to think having a grand idea or a business plan that may ultimate fail constitutes a scam now too. I'd rather invest in a failed idea than a successful con.
July 08, 2014, 03:38:30 PM
Am I the only one who finds it bizarre how people here on btctalk in general trust the word of a 1st post dev when they say they will be implementing a gimmicky anonymity feature in a coin in 2-3 weeks with absolutely no proof whatsoever yet we have seen in this thread copies of contracts, agreements, business licenses, employee names, linkedin profiles, a youtube page for Milesh Nair going back to 2009 that has videos about commodities in his playlist, GES listings on numerous 3rd party commodity sites, archive.org snapshots proving its existence at LEAST back to 2008, photo numbers, street address, a detailed analysis of the Urea and commodity industry...
....and yet many people STILL think Green Earth Systems is not even a real company!
Is this truly kookoo land? I know some are fudding but I'm disappointed how many other seemingly rational people with a decent posting history is so skeptical.
....and yet many people STILL think Green Earth Systems is not even a real company!
Is this truly kookoo land? I know some are fudding but I'm disappointed how many other seemingly rational people with a decent posting history is so skeptical.
One should always be skeptical. I'm still skeptical but I've bought some because, as you point out, this appears far more legitimate than most coins. The reason one needs to be more skeptical in a case such as this is because of the magnitude of the claims and promises made. What this coin wants to do is a pretty momentous, far-out goal and it is hard to believe at first (especially because of how many scams do take place here) so of course it needs more substance than the usual coin to back it up.
July 08, 2014, 03:31:15 PM
Am I the only one who finds it bizarre how people here on btctalk in general trust the word of a 1st post dev when they say they will be implementing a gimmicky anonymity feature in a coin in 2-3 weeks with absolutely no proof whatsoever yet we have seen in this thread copies of contracts, agreements, business licenses, signatures, unique company stamped seals, employee names, linkedin profiles, a youtube page for Milesh Nair going back to 2009 that has videos about commodities in his playlist, GES listings on numerous 3rd party commodity sites, archive.org snapshots proving its existence at LEAST back to 2008, photo numbers, street address, a detailed analysis of the Urea and commodity industry...
....and yet many people STILL think Green Earth Systems is not even a real company!
Is this truly kookoo land? I know some are fudding but I'm disappointed how many other seemingly rational people with a decent posting history is so skeptical.
....and yet many people STILL think Green Earth Systems is not even a real company!
Is this truly kookoo land? I know some are fudding but I'm disappointed how many other seemingly rational people with a decent posting history is so skeptical.
July 08, 2014, 03:22:47 PM
soooo, pretty big sell off. Has truthful caught on to something thats causing this big selloff? whats going on with the document that tru-asset posted and people saying in earlier posts thats its been edited. WHATS HAPPENING!
July 08, 2014, 03:07:14 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions 
What's the IRC channel?
IRC = internet relay chat
not quite "real life"
July 08, 2014, 03:06:22 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions This is all more convincing to me than that document, although I am sure there are ways this entire thing could be fabricated.
http://www.gescommodity.com/pages-L2/geshkong.html
https://twitter.com/GESystemsgroup
http://greenearthsystems.com.au/ges-stands-behind-uro-alternative-payment-methods-for-urea/
July 08, 2014, 03:06:08 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions What's the IRC channel?
July 08, 2014, 03:01:07 PM
#URO on freenode
July 08, 2014, 02:59:28 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions What's the IRC channel?
July 08, 2014, 02:58:18 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions July 08, 2014, 02:52:20 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
pretty much, contracts have been signed NDA class document released with watermark and some people still doubting. We have people answering every single question you have with patience on the IRC. swing by if you have any quetsions July 08, 2014, 02:39:02 PM
Love the green agricultural connection and an innovative way to use crypto Is this coin legit?
July 08, 2014, 02:20:54 PM
Huge sell wall at 0.2
somebody is anticipating something??
All these huge sell orders high up in the book (>0.01 btc) make it look like there is a lot of sell resistance, but below 0.01 btc there is hardly anything..
somebody is anticipating something??
All these huge sell orders high up in the book (>0.01 btc) make it look like there is a lot of sell resistance, but below 0.01 btc there is hardly anything..
0.2 btc is a very simple calculation
number of URO = 1,000,000
worldwide yearly production = 184,000,000 tonnes
Therefore world market is 184 times bigger than URO supply
take the lowest trading price ever on Bittrex since launch....say 0.0025 and multiply by 184 = 0.46 btc
so 0.46 btc is the potential price for each URO which makes sense because 1 tonne urea is approx $300.....at current bitcoin price of $625, 0.46 btc = $288 (close enough to the true price of 1 URO)
obviously this is a theoretical calculation. 100% of the world market will not be using URO for buying/selling urea in 6 months to a year....50% would be a conservative bet which is 0.23 bitcoin.......I'm putting my sell orders up at 0.2 bitcoin which 1 URO will hit before January 2015
In 5 to 10 years (once 100% of the world market uses URO) the price per URO will be 0.46 bitcoin assuming bitcoin price remains at $625 which it won't....you get the idea though
July 08, 2014, 02:15:16 PM
I really don't get this:
1URO=1 mtonne Urea=$300
1BTC=1000URO=$300000
Why would the companies involved simply not buy up URO?
1URO=1 mtonne Urea=$300
1BTC=1000URO=$300000
Why would the companies involved simply not buy up URO?
URO needs private investors like us to help establish a true price otherwise they wouldve just created a premine coin for themselves which they didn't
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