Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 152. (Read 247330 times)

well guys im lurking on this thread since i read about the GES news. and i cant take reading that truthful guy post anymore.

@truthful: i just want to ask you. why are you here? are you a hater of this coin? why are you keep on bringing your slow mind here? why are you askin a question 1000x even it answered already? is it because you cant buy URO in low price?  no offense dude but if you hate this coin.. the door is always open, you can leave anytime. but if you want to get some of this coin buy now, its not too late. dont make yourself a community clown here.  

alright i already said whats on my mind now.. ok back to lurking mode.

Uro is now live on Poloniex. having a second exchange adds redundancy to the Uro ecosystem. Thanks go to the Poloniex team. Poloniex also supports trading against gold.

https://poloniex.com/exchange/btc_uro

I'll keep an eye on this coin...

Hell we are actually LUCKY there is a vast trove of information proving GES is a legitimate company online, alot of real world companies around the world are really nothing more than an address and a phone number, at the end of the day we have to remember this is a very cut and dry industry, most of these websites are not even made for customers but investors just to have a basic web presence.

Truthful seems to be fudding GES looks like a low paid Indian contractor made it, well you know what, most likely one did. What do you expect, a commodity company to have a multi-million dollar Apple-esque clean website with Swiss design, this isn't Fossil.com selling you watches kids.  It's fertilizer. But it's what makes the world go around.

Most people of the Bittrex  have very little experience in trading.
So it is easy to take advantage of this.  Write a neg. comment on the forum "in red" and everyone starts to sell.
That's when these guys buy in.
The "red" comment is proven not to be true in a day, URO goes up.
That's when these guys sell.

Process is repeated. Only benefits the 1 person, not anyone else.

From now if you have any news to share. DO THAT, share the news that you have.  Show how we are getting screwed by the Dev. and prove the your case.
Not just BS.   The URO community will not stand for it. 

URO = long term growth

coin source's author tk808 just completed a followup interview with true asset in the irc channel #uro.  the review by coin cource will be updated with what tk808 got out of this interview.

You've been asking the same questions over and over again even when the answers are given to you.  If you don't like the answers get lost and don't invest in the coin.  No one will miss you.  I suggest everyone hit the ignore button like I am now on Truthful comments.  He's too slow and thick to have any common sense.  He's only here to FUD while claiming he's just asking questions.  The same questions he keeps asking over and over and over again mind you.

yo Dev.. is that u in the red shirt in that pic ?

Truthful: have your read these:

https://twitter.com/GESystemsgroup

http://greenearthsystems.com.au/ges-stands-behind-uro-alternative-payment-methods-for-urea/

http://128.199.204.45/UroProtocol.pdf

http://128.199.204.45/Uro%20Protocol%20GES%20Instrument%20of%20Ratification%20June%202014%20JPG90.jpg

http://128.199.204.45/Uro%20Protocol%20Crown%20Team%20Instrument%20of%20Ratification%20June%202014%20JPG90.jpg

Also Truthful: since you are insistent I will now answer your questions even though its is just repeating previous answers.

Please ask the questions in a list 1, 2, 3, etc... and I will answer each one.

Looking through all the threads as requested to date no valid information being provided other than a bunch of websites and pictures that look set up to make it all seem official. I note every time someone asks a legitimate question or provides information that is seen as negative to the supporters the community or person is labelled as a FUD or some other term. it would be better if more specific information is provided. There seems to be lots of hidden facts about this coin and I think this community should keep asking questions. I'm sure that the leaders of the coin, namely Nilesh C Nair and GES need to make sure this community is informed. Agree with the post that poor farmers should not be ripped off for the sake of others. Please provide this community with information instead of fobbing us off with posts that scream at us because we are asking relevant questions. If any product is going to be successful then people don't scream at buyers or customers when they are asking questions.

I take issue with coin source's review of URO particularly these


How is this negative? It's not even a coin so much as a digital proof of ownership. It only needs to do 1 thing and do it well unlike alot of these half-baked anon coins that are fly by night and don't actually work.



This is another lie, it's been made public for weeks Green Earth Systems is a primary backer along with the 3 other companies and the dev is not anonymous.


What does this even mean? "Non-existent"? Involved with what?


This is another silly reasoning for why the coin is poor in their book. This is not dogecoin where its worth is based on a meme and a fanclub, it's a financial instrument. Do all the currencies on Forex have a "community" cheerleading them on? No, it's strictly business. I wonder how big the "communities" for iron ore, zinc or soy beans are, we know how sexy those all are...

Uro in the Press

CoinDesk: http://www.coindesk.com/things-alt-dogecoin-wedding-ire-isracoin-crypto-commodities-go-wild/

CryptoArticles: http://www.cryptoarticles.com/crypto-news/uro-a-real-long-term-cryptocurrency-backed-by-urea-fertilizer

X-Labs: http://www.xlabstudio.com/analysis.html

CoinSource: http://www.coinssource.com/crypto-coins/uro/

I disagree, when the real value is proven and the first shipment made it will realize its market price fast. The kind of people buying into this coin are not kiddy dumpers who just want to make a few bucks for beer money. This will bring the REAL whales in (those with hundreds of thousands or millions to play with) who day trade Bitcoin and know what something is worth, this will be a great trade hedge against BTC being close in value. Also you do have big money guys like Peter Schiff who are skeptical of Bitcoin but love the technology and wish it were backed on a real-world asset like gold. This will bring in a whole new market of capital firms who may be fearful of Bitcoin but could buy into the idea of blockchain based "digital commodities".


Well this is like saying what happens when someone decides to sell a few thousand Bitcoins. Most people with this kind of wealth don't just dump everything at once, they use it to play with, hold their wealth and trickle out into fiat slowly. Also in crypto world when people see whales dumping they assume it is panic based on the assumption this coin has problems or is not worth something and they are reacting quickly to recover their wealth from a major problem (Like Darkcoin's fork problems for instance). This is different because it is backed by a tangible asset, someone who dumps way below the tangible asset's worth is not only an idiot but people will quickly buy up his dumps to make huge profit. Remember Bitcoin's flash crash a few weeks ago? The only thing that did was make a few lucky SOB's with low buy orders very rich.

thanks for clearing the fud, so many people are just mad they sold at the wrong time, poor miners trying to cover there hydro dumping losing there mind watching it raise to the 300$ per metric tonne it will be worth when all is said and done.

UREA Industry View:

As a pool (whymine) owner, we have find what coin has potential to become the next BIG Thing. We been trying to understand how much potential does this coin have and finally begin to see it through the eye farmer (real one). URO wasn't mean for (Quick Cash, although it will be for WHALE), it is long term support for the farmer to own UREA without actually physical OWN it. URO Certificate (A URO Wallet) give farmer the confidence and necessary property and perhaps even a trust in UREA industry.  

So if URO protocol go well, it really does farmer in a long run and maybe they can change how to deal with transportation and managing of physical UREA and also cut cost down. Since 1 URO = Lot of UREA, the farmer don't have to physical KEPT the UREA from season to season and don't even have to take care of physical UREA and/or someone sabotaging their UREA.


Crypto Industry View:
In term of price, it definitely will not reach 0.5 BTC per 1 URO because in crypto industry they are too many whale and dumper which have their own agenda in it. If it going to reach 0.5 BTC than the market really cannot sustain itself or unless BTC break $6000 per BTC.



Lastly, if the 9 July is a success for URO, we shall expect more NEW backed-asset COIN pump up every week that where the fun really begin.   Ok back to mining.....

I asked this exact question a few weeks back - https://bitcointalksearch.org/topic/m.7235500 - and got a snooty one liner back about not understanding commodity markets.

I think the point is the value is inherent in the URO/Urea. As for their costs of manufacture, once they have URO in their possession they can sell it back directly as a future to purchasers.

Trading it on the crypto markets is a bit odd in my mind too because of the potential price fluctuations, but I guess it's only before shipments start and the URO is not mostly redistributed within the industry that there will the "cheap URO" problem.

It's still mildly baffling, yes.

Green Earth Systems Limited is a Hong Kong company so all FUD about GES Australia is irrelevant by definition.

The domain name of Green Earth Systems Limited is gescommodity.com. Currently this redirects to the greenearthsystems.com.au site because that is how the group of companies has organized itself deal with English PR.

Green Earth Systems Limited is the company that ratified the Uro Protocol. Examine the Instrument of Ratification and check the company seal for yourself.

"Green Earth Systems Pty Ltd" is an Australian company that is not involved with the Uro Protocol ratification. However GES Australia does handle some of the English PR and documentation services for the GES group due to the convenience of having an abundance of English literate staff in Australia.

Green Earth Systems Pty Ltd (Australia) has an active company registration according the the Australian government: http://www.abn.business.gov.au/SearchByAbn.aspx?abn=17132561132. In light of this I would like whoever claimed GES Australia is insolvent to publicly apologise on the forum for their false defamation.

The Instrument of Ratification for Green Earth Systems clearly shows a company seal for "Green Earth Systems Limited" in Hong Kong. If you make a request with the Hong Kong Companies Registry you can get a registered sample of this company seal to check for yourself.

Company Contact Details:

Green Earth Systems Limited
Registration Number: 1682761
Address: Suites 01-03, 16th Floor, Kinwick Centre, 32 Hollywood Road, Central Hong Kong
E-mail: [email protected]

I have made some sucessful investments into crypto todate. This coin openned up an interesting application for cryptos.
To me if anything this coin represents the future disruptive potential of cryptocurrencies. Im confident that even if this project runs into issues, we as a community can come together to make sure it succeds. If bitcoin took the first steps to show whats possible with decentralized currencies...URO is leading the way in a brave new direction. Just like sucess of bitcoin was never gaurenteed, no one can gaurentee the sucess of uro. How many people thought bitcoin will even reach $1?

There is no way it will instantly reach $300 per coin in a week. There'll always be profit takers, diluting of peoples holding into different hands, increase share of future distributors, manipulation, and wolong dumps for it to reach such this high market cap. Right now there are many profit takers who invested early who do want to be rewarded for their risk of starting early to realize profits of an increasing price and people being shaken out to manipulation and fud. I don't expect this to happen over night.

dev is in irc #uro
maybe he can sort this pissing contest