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Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 13. (Read 247330 times)

member
Activity: 112
Merit: 10
altcoinherald

he even called you out and you did not even have the nerve to speak up, straight up wuss.
full member
Activity: 224
Merit: 100
Crypto Enthusiast, BD
A lot of smart people have exited URO yesterday, today BUAN and his bag-holders are doing everything to get people to buy URO with their BTC. Truth URO will be dead in a few weeks, it has already experiencing a major crash less than 24 hours ago.

Does ur penus was crashedz?Huh
Lol how its crash?
lol shit eater----shameless fudster.
full member
Activity: 126
Merit: 100
altcoinherald

why do you think I was angry, we finally get the dev on cam, well on google+ chat where there was only 10 people allowed in the chat, there was some bugs and there was 180-200 people awaiting him on other youtube and google+ channels that just were not working, so I finally convinced him to come into a tinychat.com room so more of the community can see him and ask questions instead what happens, left right and center trolls upon trolls spamming videos and audio like goof balls, I already apologized for being angry in a post after the video call, I don`t even think there was more then 1 serious question really asked just people saying really stupid things I was just trying to get people to be quiet so they could ask some real questions... I am not sure why you are so proud of fud`ing about a coin... come work on my farm a day (or 20 years with no pay) and keep a few million people alive by hard honest work to support your family maybe that is something to be proud of, find a cure to cancer maybe that is something to be proud of, be a investigator and solve a murder case and give justice to a family maybe that is something to be proud of, create the worlds first cryptcoin backed by a real commodity for real use which will help many people in the future that is something to be proud of, but to be proud of being a fud slinger, get a life please.

I'm happy with my life and I'm not a 'FUD Slinger,' whatever the f**k that is.

I don't think in the same good/evil binary terms that 'true believers' who have 'faith' in a coin do.

You and Bohan both acted like complete a-holes in that chat. The evidence is there for anyone who wants to watch it.

This is an INVESTMENT. Not only that it's extremely high risk. After all, it's a whole new concept. That means the URO team is going to have spend lots of time educating people about the benefits of using the cryptocurrency. Telling people to 'Fink...use rational finking' and calling them stupid repeatedly is not going to help your mission.

The questions need to be asked and they need to be answered. This is people's MONEY we're dealing with after all.

member
Activity: 112
Merit: 10
so many people are interested in this coin the volume speaks for itself people.
full member
Activity: 224
Merit: 100
lmfao.

still the thread not dead and full of believers.

ITS OVER.

deal with it.
member
Activity: 112
Merit: 10
altcoinherald

why do you think I was angry, we finally get the dev on cam, well on google+ chat where there was only 10 people allowed in the chat, there was some bugs and there was 180-200 people awaiting him on other youtube and google+ channels that just were not working, so I finally convinced him to come into a tinychat.com room so more of the community can see him and ask questions instead what happens, left right and center trolls upon trolls spamming videos and audio like goof balls, I already apologized for being angry in a post after the video call, I don`t even think there was more then 1 serious question really asked just people saying really stupid things I was just trying to get people to be quiet so they could ask some real questions... I am not sure why you are so proud of fud`ing about a coin... come work on my farm a day (or 20 years with no pay) and keep a few million people alive by hard honest work to support your family maybe that is something to be proud of, find a cure to cancer maybe that is something to be proud of, be a investigator and solve a murder case and give justice to a family maybe that is something to be proud of, create the worlds first cryptcoin backed by a real commodity for real use which will help many people in the future that is something to be proud of, but to be proud of being a fud slinger, get a life please.
member
Activity: 84
Merit: 10
KryptoSenseiMaster = truthful hahah Cheesy please ignore this fcking loser
sr. member
Activity: 420
Merit: 250
I'm no facial recognition expert but....  Grin




what his glasses are off?

you can obv. see a mole on the dudes cheek (right pic)
hero member
Activity: 1218
Merit: 500
BintexFutures
Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 Smiley....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

I understand what you're saying for sure. They can pay the bills with the thousands of dollars that they save in broker fees, bank fees and all of the middlemen along the way. The buyer of urea would even be willing to pay a fiat surcharge under the table for the shipment if it stills saves them money at the end of the day. URO will allow for the transfer of wealth from the middle men to everyday people. They will have plenty of money to pay their bills. Most of these companies are sitting on millions of dollars of assets anyways.

Ok so I import from China to the UK a lot, this is how it works.

I send a CHAPS payment from my bank to a forex agent for 25GBP this can be for any amount.

My forex agent gives me a price that is literally a couple of pips of interbank rate and charge me a 10GBP wire fee to send to the receivers bank.


I can send a million GBP to China and I get charges of 35GBP and get near enough interbank rate because my forex agent can buy straight off interbank markets, he takes about 0.01% as his cut

Not only that but I can book forwards of as much as I want so when GBP USD hits a high, I book it forwards and actually get much better rates than I would in future.

there is no thousands of dollars in bank and brokers fees.



Do you ever doing an LC order yet? I have doubt. If u did then this will be clear to you about bank fee. This is not about direct purchase- its different.

yeah I have used letter of credit before. generally LC is not necessary when dealing with well known suppliers within a closed industry

Also, if you feel the need for the security of a letter of credit. Why would you do a buy with crypto?

I don't understand how do u make big EXIM without LC? My personal experience as an importer I didn't see this except some little(below 10K USD) shipment. Without LC how do u clearing ur goods from customs....Huh Huh Huh

?

its simple. You send a wire payment to the receiver. They send the goods with a bill of lading and a commercial invoice. goods are cleared at customs based on the bill of lading. Customs send you a bill, you pay the bill, goods are released. If they don't like the look of the value they ask you for proof of the amount paid. This is fine for any value. LC is only needed for security for the purchaser, nothing to do with clearing customs. At least in the UK, can't speak for anywhere else

http://en.wikipedia.org/wiki/Bill_of_lading

commercial invoice

http://en.wikipedia.org/wiki/Commercial_invoice
newbie
Activity: 1
Merit: 0
hero member
Activity: 1218
Merit: 500
BintexFutures
Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 Smiley....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

I understand what you're saying for sure. They can pay the bills with the thousands of dollars that they save in broker fees, bank fees and all of the middlemen along the way. The buyer of urea would even be willing to pay a fiat surcharge under the table for the shipment if it stills saves them money at the end of the day. URO will allow for the transfer of wealth from the middle men to everyday people. They will have plenty of money to pay their bills. Most of these companies are sitting on millions of dollars of assets anyways.

Ok so I import from China to the UK a lot, this is how it works.

I send a CHAPS payment from my bank to a forex agent for 25GBP this can be for any amount.

My forex agent gives me a price that is literally a couple of pips of interbank rate and charge me a 10GBP wire fee to send to the receivers bank.


I can send a million GBP to China and I get charges of 35GBP and get near enough interbank rate because my forex agent can buy straight off interbank markets, he takes about 0.01% as his cut

Not only that but I can book forwards of as much as I want so when GBP USD hits a high, I book it forwards and actually get much better rates than I would in future.

there is no thousands of dollars in bank and brokers fees.



Do you ever doing an LC order yet? I have doubt. If u did then this will be clear to you about bank fee. This is not about direct purchase- its different.

yeah I have used letter of credit before. generally LC is not necessary when dealing with well known suppliers within a closed industry

Also, if you feel the need for the security of a letter of credit. Why would you do a buy with crypto?

I don't understand how do u make big EXIM without LC? My personal experience as an importer I didn't see this except some little(below 10K USD) shipment. Without LC how do u clearing ur goods from customs....Huh Huh Huh

?

its simple. You send a wire payment to the receiver. They send the goods with a bill of lading and a commercial invoice. goods are cleared at customs based on the bill of lading. Customs send you a bill, you pay the bill, goods are released. If they don't like the look of the value they ask you for proof of the amount paid. This is fine for any value. LC is only needed for security for the purchaser, nothing to do with clearing customs. At least in the UK, can't speak for anywhere else

http://en.wikipedia.org/wiki/Bill_of_lading
newbie
Activity: 42
Merit: 0
Biggest SCAM in crypto to date.

Can we please get a video by Nilesh and his team staing their names and titles we can then put this to rest..
hero member
Activity: 1218
Merit: 500
BintexFutures
Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 Smiley....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

I understand what you're saying for sure. They can pay the bills with the thousands of dollars that they save in broker fees, bank fees and all of the middlemen along the way. The buyer of urea would even be willing to pay a fiat surcharge under the table for the shipment if it stills saves them money at the end of the day. URO will allow for the transfer of wealth from the middle men to everyday people. They will have plenty of money to pay their bills. Most of these companies are sitting on millions of dollars of assets anyways.

Ok so I import from China to the UK a lot, this is how it works.

I send a CHAPS payment from my bank to a forex agent for 25GBP this can be for any amount.

My forex agent gives me a price that is literally a couple of pips of interbank rate and charge me a 10GBP wire fee to send to the receivers bank.


I can send a million GBP to China and I get charges of 35GBP and get near enough interbank rate because my forex agent can buy straight off interbank markets, he takes about 0.01% as his cut

Not only that but I can book forwards of as much as I want so when GBP USD hits a high, I book it forwards and actually get much better rates than I would in future.

there is no thousands of dollars in bank and brokers fees.



Do you ever doing an LC order yet? I have doubt. If u did then this will be clear to you about bank fee. This is not about direct purchase- its different.

yeah I have used letter of credit before. generally LC is not necessary when dealing with well known suppliers within a closed industry

Also, if you feel the need for the security of a letter of credit. Why would you do a buy with crypto?

I don't understand how do u make big EXIM without LC? My personal experience as an importer I didn't see this except some little(below 10K USD) shipment. Without LC how do u clearing ur goods from customs....Huh Huh Huh

?

its simple. You send a wire payment to the receiver. They send the goods with a bill of lading and a commercial invoice. goods are cleared at customs based on the bill of lading. Customs send you a bill, you pay the bill, goods are released. If they don't like the look of the value they ask you for proof of the amount paid. This is fine for any value. LC is only needed for security for the purchaser, nothing to do with clearing customs. At least in the UK, can't speak for anywhere else
sr. member
Activity: 294
Merit: 250
full member
Activity: 152
Merit: 100
I'm no facial recognition expert but....  Grin




This is the worst fud ever  Cheesy Cheesy Cheesy
full member
Activity: 208
Merit: 100
Really? What else did you expect? He is getting asked the same stupid question a million times over, only a matter of time before he snaps, as any other human would.
I really wish you would grow a pair of balls and identify yourself by name altcoinherald. Grin

He never will. If it's a scam, he'll get 'taken out' quietly somewhere. If it's real, he is in so much fucking libel trouble he might as well kill himself.
sr. member
Activity: 462
Merit: 250
For those who are still influenced by this group of FUDERS you can watch yesterdays interview here :

https://www.youtube.com/watch?v=HsHF0C_gPck&feature=youtu.be
newbie
Activity: 13
Merit: 0
https://i.imgur.com/MDw6c3I.jpg
I'm no facial recognition expert but....  Grin

Left is a happy and proud Bohan, right is an exhausted Bohan that hasn't slept for 3 days, woke up to a crash and calmed the community after the bullshit FUD you posted about URO, his eyes are almost popping out.
You have no credibility anymore altcoinherald, GTFO.

Dude, if I can crash a 'multi-million dollar' coin with one blog post then I have more credibility than everyone else in the altcoin industry.

Think about that for a second.  Grin

actually they look liek the same guy to me... honestly.

Right that is an exhausted Bohan that hasn't slept for 3 days. It seems legit.
I've never seen a guy so mad as 'Bohan' was in a video chat before. It was really unnerving watching that.

People asked him questions and he responded that they were 'f**cking stupid.'

He also said you either have 'faith' in URO or GTFO. That's generally not the most comforting thought for investors. This ain't religion, after all.


Really? What else did you expect? He is getting asked the same stupid question a million times over, only a matter of time before he snaps, as any other human would.
I really wish you would grow a pair of balls and identify yourself by name altcoinherald. Grin

Haha if it is a legit deal he has no reason to snap at anyone as he could just sit back and watch it grow and profit.  Being so bitterly defensive didn't help his case IMO.
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