Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 142. (Read 247330 times)

Your statement is not correct.  Unless Mintpal has released their API version 2 to the public you can't trade with bots.  API version 1 only gives you information.  They only thing that mintpal did to hurt Uro is release it to the market on a Sunday, which is typically a down day for any coin. 

After reading every page of this thread, as well as everything else I could find online, as well as reading several IRC chats between the dev and some knowledgeable skeptics I have come to the conclusion that the dev is trustworthy, sincere, brilliant and absolutely NOT scamming us. In other words, this isn't some grand conspiracy to make everyone invest in URO so that the dev can sell his coins on July 8th and leave us holding the bag.

I am now convinced of that 99.99%

The dev came up with a brilliant concept, got a some legitimate big time players in the UREA industry to sign on and now together they are going to try to change the world of crypto for good.

The question is will they be able to?

That question I cannot answer. But for me that is now the only question before us.

Is this a risky investment? Yes.

Will you lose your money if you buy URO? Possibly.

Will you be rich next week if you buy a ton of URO right now? Possibly.

Are we being scammed by the dev? I am convinced beyond a reasonable doubt that the answer to this question is no we are not.

Again, that's not to say that URO will go as planned, because at this point anything can happen....but that IS to say the dev and the signatories to the URO protocol are sure as hell going to try.

I also now am convinced that the price of URO will skyrocket as the 9th approaches as people realize that the dev really is not scamming anyone and this actually might go as planned.

So I say hold your coins and let's all be excited that we are very possibly taking part in an experiement that could very well turn out to be the biggest thing to happen to crypto since bitcoin itself!

I have been keeping an eye on this coin for the last week after hearing about it in the polo trollbox and kind of wish I had got in much earlier. If this isn't a scam then it could be the start of something amazing.
I wish I understood why some coins pump when added to mintpal while others dump instead. Not complaining though, since I missed the original boat and was thinking I would have to buy in at 800k+.

From what I understand on July 9th 1 URO should be able to be exchanged with 1 MT Urea. However since shipments only occur in 12500 MT how soon after July 9th will 1 URO = 1 MT Urea be verified by an independent party? Additionally is there a need for the URO community here to reach out to urea wholesale suppliers and market the URO as a more stable way of guaranteeing future supplies? I figure the sooner this is done the sooner the price of the URO will reflect the value of 1 MT Urea.

Everything look and sound better now, can't wait for next 2 days to see what is the outcome ...

twitter whales FUDing URO hard. strong buy support. people are mad about missing the train, especially regarding the low volume being traded due to everyone holding.

True-asset I suggest u update the op (inthe beginning) by putting a link to the wordpress blog on the site..saying something like- welcome, please go through this where u will find most of the basic questions answered. Thanks

We are pursuing all media coverage opportunities. The poll was just for the purposes of setting targets and prioritisation.

Everyone, please avoid any hostility towards fans of other currencies - everyone deserves a fair go.

Supporters: do not take the bait from trolls attempting to make us the enemies of other communities, we are not here to face of with other communities. Avoid mention of other currencies whenever possible unless its praise or a technology matter.

Thank you for your support and cooperation.

Hi hobopete, welcome to the forum and thank you for your question.

Uro was specifically launched to deal with major problems in the current banking process for Urea trading.

Please read here for an explanation: http://greenearthsystems.com.au/ges-stands-behind-uro-alternative-payment-methods-for-urea/

I didn't keep the message but it doesn't matter now, it certainly wouldn't come under any of those points anyway.  It wasn't vitally important.  I was just making the point that deleting messages looks like censorship but let's move on now.

Soul_eater_123: do you mind letting us know which of your posts have been deleted? Because I did not do that.

Bare in mind that this bitcointalk.org has a policy against threats, swearing and certain other things - and any member can report such incidents to the global site moderators, who may choose to delete such posts at their discretion.

Agreed Bittrex are open to talking and listen to customers.  They still have bots and the like but I trust them a hell of a lot more than I trust Mintpal who don't give a stuff about their customers or the state of crypto and care only about money.


Yes basically "computer says no".  I'm just annoyed that it derailed the previous momentum (just impatient I suppose).  I hope people have learnt their lesson and even the noobs won't be clamouring for Mintpal in future.  Bittrex is the big exchange that matters and coins do just fine there without Mintpal.  

My strategy now will be to sell half my coins as soon as they get anounced by Mintpal, then wait for the inevitable fall in price and buy up from the noobs who are panic selling.

You're talking about LOGOS?
What I'd like to see here is some thinking about how this  BENEFITS anyone to actually USE this coin?
Who is going to trade with this coin?
How are they going to access it?
Where in all of this is there an INCENTIVE for the farmers who will supposedly be the support base of this coin?
I'm now going to answer my own questions
Those farmers who are already using urea, and have access to internet and supply chains and the banking system, are probably not going to find any convenience or value in using this coin, unless it somehow provides them a price advantage.
Therefore, I believe the advantage here lies in increasing the market penetration, through providing hardware and internet access, along with education on how to effectively use these tools, to remote farming communities who are generally excluded from the current financial system. The kind of people whose life savings are wrapped in a rag and buried under the dirt floor, and who have never even seen a bank.
This I believe may be accomplished by adding a charitable component, which would allow (compel?) miners and traders to donate to a general fund aimed at accomplishing these goals, by providing the necessary equipment and expertise, along with low interest loans.
This could drive an increase in food production worldwide, as well as support the future value of this coin. Something to think about, anyway. Make a REAL difference.

Mintpal is just a terrible exchange anymore, it's bot infested, the order book needs to show more to give an honest market valuation of a coin, I also think the owners manipulate things on the backend for their own benefit. Personally I hope Bittrex takes over because it is proving itself to be a solid and less toy-like exchange.

I think the reason there is no volume on URO on Mint is the day traders with their bots are finding themselves unable to exploit a coin that is scarce and that for the most part no one wants to dump. Some people find this lack of volume worrying but I think it's encouraging. I'd be fine with URO going sideways until the 9th.

Of course they can change it if everyone later agrees to change.  It's just not worth discussing right now because it will only cause confusion.  It's more important to rebuild the momentum lost when Mintpal listed it just to screw with everyone.  The price was rising very well on it's own before that but Mintpal do like to screw people and this way they screwed URO and VOOT.

You don't think agreements can't be revised months or years down the road? What do you think renegotiating a contract means?

It doesn't seem to be a scam.  Just a risky investment as is the case with all altcoins.  The problem today was the premature listing by Mintpal which caused the price to fall due to insufficient volume.  This then caused some people to panic sell which further added to the issues.

So, are the devs trust worthy, or is them a very sophisticated scam?

To be honest, I don't see this as an improvement over the original.  Just adding a bit of contrast to the original would work far better.

wow URO on mintpal! nioce!