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Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer - page 178. (Read 247332 times)

full member
Activity: 152
Merit: 100


Any proof??

How can the dev make money...There is no IPO/Pre-mine. he will also have to mine this coin like everyone. Can you elaborate how this is a scam please.
member
Activity: 238
Merit: 10
Trust me guys, this is my first proper post and I found this image on twitter. I know dem stuffz and shitz
full member
Activity: 152
Merit: 100
So, where are the interviews being held finally. Hope to see the NIER board members talk about the most innovative and solid coin of the year soon.
sr. member
Activity: 252
Merit: 250
Uro: 1 URO = 1 metric tonne of Urea N46 fertilizer
This seems like a really interesting concept.
Will be paying close attention.

So who wants to set up vennd to get Urocoin on counterparty?

have a listen to http://cryptocoinvideos.com/video/jeremy-lam-vennd-io

We will setup Uro for vennd when it launches, which is 'soon' according to vennd.io.

Nuro mobile wallet development update:

Due to significant delays with the bitcoinjs port (partly from the lack of documentation) we ended up (successfully) porting other libraries. cryptocoin, bcoin and coined (high level API to bcoin) have been successfully ported to Uro and are generating valid brain wallet addresses. The Nuro UI currently takes user credentials, displays the current balance, displays past transactions, and can accept payments via QR code.

The current development task is client side signing of transactions, followed by transaction broadcasting. coined can do this already (feature under QA), but it requires a socket (coined was originally made for Node.js, and was tested mainly with net.Sockets available only on PCs) to send the transaction and we need to make sure it works reliably (with minimal battery drain) via WebSockets/other cross-browser socket alternative on at least Android, iOS, Windows and Firefox. As a second option we also started negotiations with blockcypher.com last week to get a Uro port running (they provide a transaction broadcast API and unsigned transaction generation API which will avoid the web wallet having the communicate directly with the Uro network and reduce battery drain and issues on slower internet links).

Screenshots of the Nuro, and hopefully an alpha release, will be made available later this week.
sr. member
Activity: 271
Merit: 254
This seems like a really interesting concept.
Will be paying close attention.

So who wants to set up vennd to get Urocoin on counterparty?

have a listen to http://cryptocoinvideos.com/video/jeremy-lam-vennd-io
hero member
Activity: 530
Merit: 500
Mining on the coin is really sad.
sr. member
Activity: 379
Merit: 250
Where's the dev? 4 days no posts.
I guess he is busy with the uro-exchange...seems he has been online during those 4 days though
hero member
Activity: 710
Merit: 500
Where's the dev? 4 days no posts.
legendary
Activity: 952
Merit: 1001
Adding Uro paid advertising. The increased interest on facebook about 200%. Today, max tomorrow I will try to add more ads promoting UroCoin on facebook ($ 100)
sr. member
Activity: 448
Merit: 250
How's this scam going so far? Any halfway legitimate-looking documents or pictures or significant market activity or official company announcements or non-syndicated press releases?
sr. member
Activity: 271
Merit: 254

“The intriguing question that will determine the shape of the world is ensuring that every country has access to a multiplicity of reserves [...] whether it’s bitcoin, O2 credit, Tesco credit. I suspect [the dominant currency of the future] will be backed by a large company that provides something of utility. A mobile phone company, or a supermarket chain,” he said."


Expensive?
No, this is expensive: http://www.bloomberg.com/news/2013-04-17/incitec-plans-850-million-u-s-ammonia-plant-on-gas-price.html

12,500 tons is 3 to 5 days of production from that plant (if it's making urea too)

Fair warning, I may start buying URO and do this myself if nobody else wants to play fertilizer poker.

Let me qualify that: I'll put some lowball orders in, unless I suddenly sell a whole lot of http://blockscan.com/assetInfo.aspx?q=SOYBEANS

All my assets are tied up in farmland, fertilizer, and seed right now.
sr. member
Activity: 271
Merit: 254

The reason URO is probably better than bitcoin is you can't hide the location of a fertilizer plant or storage warehouse like you can obfuscate the owner of a bitcoin wallet, so there's an incentive to play fair, at least until the feedstock for your fertilizer plant runs out. (see http://petrodollar.org/ ) The problem here is that in the US, a couple of big fertilizer plants are owned by the Koch brothers, and they are experts at manipulating markets and buying public opinion, and also obfuscate how much oil and natural gas is actually economically recoverable.

Long story short, URO will be better than Bitcoin until the gas runs out. Then it collapses to zero overnight.

Meanwhile, I can always plant more http://blockscan.com/assetInfo.aspx?q=SOYBEANS and sell vegan soybean meal nitrogen fertilizer.

okay Harry Reid  Roll Eyes

Okay invoking the Koch brothers was a stupid argument. I have to have at least 3 stupid ideas before anything makes sense. But don't you think that URO/Petrodollars/SOYBEANS would be a very interesting set of trading pairs on a distributed exchange?
Yes it would be very interesting. I just have very serious doubts this URO is legit. Somebody should try cashing in a Uro for a ton of Urea..I don't think you're going to get a ton of Urea for 50 cents. I'd love to be wrong, but my money says this is another pump and dump scam and I'm staying away.

I will call this bluff. Who's willing to sell me 12,500 Uro for SOYBEANS? I will have physical soybeans for delivery in a few months, and for 50 cents a ton, I can find some farmers to charter a ship, or just cut some existing fertilizer company in for half the load.
12,500 Uro isn't 50 cents a ton  Huh Sell me one ton of Soybeans for one Uro, or one ton of Urea for one Uro

I need 12,500 Uro per the contract specifications to trade it for a shipload of Urea. If Uro is $0.50 each, that is in theory 50 cents/ton of Urea. But only if there's really a backer, so I'm taking a big risk cause it's going cost at least $50,000 USD in legal fees, insurance and whatever else to charter a ship to call that bluff.

However, if you can deliver 20 tons (20,000kg) of Urea in a dry-bulk-bags to the Manly Terminal in a shipping container, I'll send the container back with 10 tons of soybeans (10,000kg), based on the roughly 2 to 1 price ratio of Urea to soybeans

Do you have any idea how much press and attention we'd get in the worldwide commodities market if we actually executed this transaction instead of bullshitting about it on cryptocointalk? Go issue 'UREA' on counterparty with contract deliverable specifications for 1 ton of Urea in bulk bags (or 20tons in a container), and back it with URO, and then we can start trading fertilizer instead of BS. If you've got any ideas how to handle basis I'd love to hear them.

That is exactly the kind of stunt this needs. True-asset will need to pull off some expensive marketing strategies to make this happen. As soon as someone who lives near one of the NIER members calls his bluff it will be a very very expensive ordeal for the URO foundation if the price continues to stagnate.

There is an interesting article on Coindesk today. http://www.coindesk.com/british-mp-bitcoin-may-zx-spectrum-digital-currencies/

"It will be corporations or other providers of utility who are most likely to introduce a currency that would be used by the vast majority of people, he indicated. This would be driven in part by digital currencies like bitcoin, but also because of high inflation rates and a “doomed” post-Bretton Woods system.

“The intriguing question that will determine the shape of the world is ensuring that every country has access to a multiplicity of reserves [...] whether it’s bitcoin, O2 credit, Tesco credit. I suspect [the dominant currency of the future] will be backed by a large company that provides something of utility. A mobile phone company, or a supermarket chain,” he said."


Expensive?
No, this is expensive: http://www.bloomberg.com/news/2013-04-17/incitec-plans-850-million-u-s-ammonia-plant-on-gas-price.html

12,500 tons is 3 to 5 days of production from that plant (if it's making urea too)

Fair warning, I may start buying URO and do this myself if nobody else wants to play fertilizer poker.
hero member
Activity: 592
Merit: 500

The reason URO is probably better than bitcoin is you can't hide the location of a fertilizer plant or storage warehouse like you can obfuscate the owner of a bitcoin wallet, so there's an incentive to play fair, at least until the feedstock for your fertilizer plant runs out. (see http://petrodollar.org/ ) The problem here is that in the US, a couple of big fertilizer plants are owned by the Koch brothers, and they are experts at manipulating markets and buying public opinion, and also obfuscate how much oil and natural gas is actually economically recoverable.

Long story short, URO will be better than Bitcoin until the gas runs out. Then it collapses to zero overnight.

Meanwhile, I can always plant more http://blockscan.com/assetInfo.aspx?q=SOYBEANS and sell vegan soybean meal nitrogen fertilizer.

okay Harry Reid  Roll Eyes

Okay invoking the Koch brothers was a stupid argument. I have to have at least 3 stupid ideas before anything makes sense. But don't you think that URO/Petrodollars/SOYBEANS would be a very interesting set of trading pairs on a distributed exchange?
Yes it would be very interesting. I just have very serious doubts this URO is legit. Somebody should try cashing in a Uro for a ton of Urea..I don't think you're going to get a ton of Urea for 50 cents. I'd love to be wrong, but my money says this is another pump and dump scam and I'm staying away.

I will call this bluff. Who's willing to sell me 12,500 Uro for SOYBEANS? I will have physical soybeans for delivery in a few months, and for 50 cents a ton, I can find some farmers to charter a ship, or just cut some existing fertilizer company in for half the load.
12,500 Uro isn't 50 cents a ton  Huh Sell me one ton of Soybeans for one Uro, or one ton of Urea for one Uro

I need 12,500 Uro per the contract specifications to trade it for a shipload of Urea. If Uro is $0.50 each, that is in theory 50 cents/ton of Urea. But only if there's really a backer, so I'm taking a big risk cause it's going cost at least $50,000 USD in legal fees, insurance and whatever else to charter a ship to call that bluff.

However, if you can deliver 20 tons (20,000kg) of Urea in a dry-bulk-bags to the Manly Terminal in a shipping container, I'll send the container back with 10 tons of soybeans (10,000kg), based on the roughly 2 to 1 price ratio of Urea to soybeans

Do you have any idea how much press and attention we'd get in the worldwide commodities market if we actually executed this transaction instead of bullshitting about it on cryptocointalk? Go issue 'UREA' on counterparty with contract deliverable specifications for 1 ton of Urea in bulk bags (or 20tons in a container), and back it with URO, and then we can start trading fertilizer instead of BS. If you've got any ideas how to handle basis I'd love to hear them.

That is exactly the kind of stunt this needs. True-asset will need to pull off some expensive marketing strategies to make this happen. As soon as someone who lives near one of the NIER members calls his bluff it will be a very very expensive ordeal for the URO foundation if the price continues to stagnate.

There is an interesting article on Coindesk today. http://www.coindesk.com/british-mp-bitcoin-may-zx-spectrum-digital-currencies/

"It will be corporations or other providers of utility who are most likely to introduce a currency that would be used by the vast majority of people, he indicated. This would be driven in part by digital currencies like bitcoin, but also because of high inflation rates and a “doomed” post-Bretton Woods system.

“The intriguing question that will determine the shape of the world is ensuring that every country has access to a multiplicity of reserves [...] whether it’s bitcoin, O2 credit, Tesco credit. I suspect [the dominant currency of the future] will be backed by a large company that provides something of utility. A mobile phone company, or a supermarket chain,” he said."


sr. member
Activity: 271
Merit: 254

The reason URO is probably better than bitcoin is you can't hide the location of a fertilizer plant or storage warehouse like you can obfuscate the owner of a bitcoin wallet, so there's an incentive to play fair, at least until the feedstock for your fertilizer plant runs out. (see http://petrodollar.org/ ) The problem here is that in the US, a couple of big fertilizer plants are owned by the Koch brothers, and they are experts at manipulating markets and buying public opinion, and also obfuscate how much oil and natural gas is actually economically recoverable.

Long story short, URO will be better than Bitcoin until the gas runs out. Then it collapses to zero overnight.

Meanwhile, I can always plant more http://blockscan.com/assetInfo.aspx?q=SOYBEANS and sell vegan soybean meal nitrogen fertilizer.

okay Harry Reid  Roll Eyes

Okay invoking the Koch brothers was a stupid argument. I have to have at least 3 stupid ideas before anything makes sense. But don't you think that URO/Petrodollars/SOYBEANS would be a very interesting set of trading pairs on a distributed exchange?
Yes it would be very interesting. I just have very serious doubts this URO is legit. Somebody should try cashing in a Uro for a ton of Urea..I don't think you're going to get a ton of Urea for 50 cents. I'd love to be wrong, but my money says this is another pump and dump scam and I'm staying away.

I will call this bluff. Who's willing to sell me 12,500 Uro for SOYBEANS? I will have physical soybeans for delivery in a few months, and for 50 cents a ton, I can find some farmers to charter a ship, or just cut some existing fertilizer company in for half the load.
12,500 Uro isn't 50 cents a ton  Huh Sell me one ton of Soybeans for one Uro, or one ton of Urea for one Uro

I need 12,500 Uro per the contract specifications to trade it for a shipload of Urea. If Uro is $0.50 each, that is in theory 50 cents/ton of Urea. But only if there's really a backer, so I'm taking a big risk cause it's going cost at least $50,000 USD in legal fees, insurance and whatever else to charter a ship to call that bluff.

However, if you can deliver 20 tons (20,000kg) of Urea in a dry-bulk-bags to the Manly Terminal in a shipping container, I'll send the container back with 10 tons of soybeans (10,000kg), based on the roughly 2 to 1 price ratio of Urea to soybeans

Do you have any idea how much press and attention we'd get in the worldwide commodities market if we actually executed this transaction instead of bullshitting about it on cryptocointalk? Go issue 'UREA' on counterparty with contract deliverable specifications for 1 ton of Urea in bulk bags (or 20tons in a container), and back it with URO, and then we can start trading fertilizer instead of BS. If you've got any ideas how to handle basis I'd love to hear them.
newbie
Activity: 47
Merit: 0
This coin would be a great innovation if executed well. What are the next steps for the dev?
newbie
Activity: 41
Merit: 0
sr. member
Activity: 616
Merit: 321
hmm trying this to get working but i cant enable UPNP in wallet , even i have UPNP enable in router because all of our wallets running just fine on UPNP


enable map port using UP2Pis stil greyout ??



this is our wallets addres : UebSHmmXEgDbavqAYRr7F8ZYkQpAHZUHuW
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy

The reason URO is probably better than bitcoin is you can't hide the location of a fertilizer plant or storage warehouse like you can obfuscate the owner of a bitcoin wallet, so there's an incentive to play fair, at least until the feedstock for your fertilizer plant runs out. (see http://petrodollar.org/ ) The problem here is that in the US, a couple of big fertilizer plants are owned by the Koch brothers, and they are experts at manipulating markets and buying public opinion, and also obfuscate how much oil and natural gas is actually economically recoverable.

Long story short, URO will be better than Bitcoin until the gas runs out. Then it collapses to zero overnight.

Meanwhile, I can always plant more http://blockscan.com/assetInfo.aspx?q=SOYBEANS and sell vegan soybean meal nitrogen fertilizer.

okay Harry Reid  Roll Eyes

Okay invoking the Koch brothers was a stupid argument. I have to have at least 3 stupid ideas before anything makes sense. But don't you think that URO/Petrodollars/SOYBEANS would be a very interesting set of trading pairs on a distributed exchange?
Yes it would be very interesting. I just have very serious doubts this URO is legit. Somebody should try cashing in a Uro for a ton of Urea..I don't think you're going to get a ton of Urea for 50 cents. I'd love to be wrong, but my money says this is another pump and dump scam and I'm staying away.

I will call this bluff. Who's willing to sell me 12,500 Uro for SOYBEANS? I will have physical soybeans for delivery in a few months, and for 50 cents a ton, I can find some farmers to charter a ship, or just cut some existing fertilizer company in for half the load.
12,500 Uro isn't 50 cents a ton  Huh Sell me one ton of Soybeans for one Uro, or one ton of Urea for one Uro
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
There are way too many naive kids and guys so desperate to make a buck they will believe anything. A bunch of multinationals who sell to farmers are going to fork over hundreds of millions of dollars to make crypto miners and speculators rich.  Roll Eyes
I'd sell you a the Brooklyn bridge but one of you idiots would buy it and then I'd end up in prison for fraud. Shocked

True assets, you get an A for originality and effort on those dummy websites and fake companies

These companies have been around for awhile. Investigate,  you'll find they are legit.
So will any of these companies actually sell me a ton of Urea for one Uro? If so no need to wait on the exchange price, just buy Urea with Uro and sell Urea for USD. If none of these "legit" companies will actually sell and deliver a ton of Urea for one Uro then you're lying and this is just a scam pump and dump coin.
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