Topic: [Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea - page 127. (Read 227157 times)

Try gathering 12500 coins and order a shipment of urea. See if you get empty bags. If you get full bags: Try selling them for 300 dollars. Then tell me what is the value of urocoin.

Uh yeah, I'm not even gonna click on that. 

Haters gon' hate.

fudders are now using child pornography in their efforts.....http://t.co/YjkNIphCjc

Look safe now. Price is constant for the past 1 week or so.

Is now a safe time to buy in... Looks like its been one helluva rollercoaster from the get...

Bryce Weiner's thinking is flawed to begin with. It is not the farmer who takes risk with Uro, it is the seller of the urea. The farmers won't buy or receive Uro to dump it on the market, rather they will buy it so they can trade it for urea. And since the Uro Protocol specifies that one Uro = 1 mt of urea, the actual market price does not affect the farmers. The distributors are the ones who need the market value to be on par with 1 mt of urea and for there to be adequate liquidity in order to cash out the Uro they received in payment.

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


To understand URO,you need to understand THIS^
enjoy.

i found it spot on. It addresses exactly what i keep pissing off the fudders with, the question they still haven't been able to answer even with all their lies and innuendo. how do these guys make any money if it's a scam? No premine, no IPO, everyone and their brother knows who they are, government contracts involved....

how do they slip away with any cash?
It's easier to promote it as a business venture, and follow through. and, you'll make much more than you would with a scam.

The_Prof, on 12 May 2014 - 2:19 PM, said:
I'm mining...Only due to the fact that the world needs food. I am not picky on how it is grown. Besides, all plans are good plans. Lets hope they pull through.
 
On a side note, wallet seems to sync fine.
 
Urea is what gives human urine its smell. In fact, 'urea' is where the word 'urine' comes from. Look at what he typed: "URO URO" (pee pee), "setup a Distributed Urea Exchange" (pee on people), "very poor liquidity" (liquid) "consistent, fast and efficient Urea Exchange" (A Steady Stream), "may shoot up then drop down again"  "cascades all finalists" "fixed quantity of real Urea" (totally gonna pee on you), "DES S/P-boxes" (A P-Box feeds output bits into the mouth of an S-Box), "demonstrate the ability" (on your face), "general public facing instruction" (according to court transcripts, R. Kelly gave detailed facing instructions to a minor before urinating on her), "swap Uro" (I think you get the point) "We will raise funds to provide secure trading PCs to farming communities that will introduce them to internet" (IPO SCAM)
 
These mockeries are why fiat currency still exists and harm us all in a real way. If up to me, this dev would be banned from crypto for life.

Interesting little tidbit. one of the Chang gang was fudding this coin right from the initial announcement, even before it launched. nice slapdown by BOHAN here, after They/it /he/she attacked the moderator.


WorkHorse, on 13 May 2014 - 1:45 PM, said:
You must be the dev. Sorry to ruin your scam.
 
I am the dev. When accusing people of scams, at least have the decency of attacking the right suspect.

It's out now in the major media outlets, If this were a scam, the authorities know every major player. Name, face, location.
does anyone really think these guys want to be the next bernie madoff publicly dragged away in chains? and to a chinese prison, which is bad, or an Indian prison, which is even worse? There is not enough money circulating in all of the exchanges to fund this coin at parity. The big money fiat traders will have to be involved. these guys sure as hell aren't after my couple of BTC.

No, the article tries to demonstrate how its not a scam by showing how it will be settled if it was a scam. But it's not so well writen and the ideas are badly tied together so it can end up as being confusing.

So you are saying Uro  is not a scam, ...........


good to have opinions I guess?

Where does the money come from?

The money comes from the early sellers.

They are subsidizing RIVAA's huge initial profit margins.

RIVAA gets to buy from the miners at a huge discount. Who do you think is selling the URO coin?

RIVVA then pays for Urea from GES with URO coin. GES has to float the loan and send the Urea to RIVAA. The minute RIVAA signs off on the shipment the price of URO climbs exponentially. GES can then sell their URO to the real buyers of the coin and get their fee.

Where does the farmers get hurt? If anything RIVAA can give them a huge discount because they bought cheap ass URO from dumb ass early dumpers, and auto switcher pools.

My god Gugli, you are so dumb.

New Read:

 http://altcoinplayer.com/if-urocoin-actually-were-a-scam/

http://www.12newsnow.com/story/26129304/uro-announces-worlds-first-order-fulfilled-using-commodity-backed-digital-currency

what do you mean ? that is a profit switching pool.... it hasnt had 50ghs pointed at URO for hours

treat uro as investment, it 100% is not a scam, they would not reach out and keep making videos of this was a scam, they would try and be as quiet as possible, heck they probably would of run by now instead of working on videos,apps and trying to get media pick up there new business and expanding there work,  I have seen it on about 10 news websites now and it keeps getting bigger don`t you think if it was a scam they would try and not get media attention instead of going out of there way to find some, it is a company that is going to make lots in the future and it will make it, loads actually think of this as when bitcoin was .01-2$ a piece, it will take time but not much to get it where it needs to be, ok it won`t go to 500$+ like btc since urea cost do not change that much but anywhere between $250-900 usd for a mt, but you can assume ges won`t want to take a loss on the urea and they at one point will hold or have all of the uro from people buying urea and will set the market relativity fair I assume enough to profit from the urea suppliers who chose to avoid all the harsh banking laws and need a product at a certain spot at a certain time, they made a coin backed by there product pretty much a GES giftcard for urea, right now it cost 2-3$ atm in the market for a product worth $250+, that is already being honored, that is like me going into subway and getting 100 subs for 2-3$, Ill buy that gift card anyday, thanks GES!

India confirmed using Urocoin
Pakistan confirmed using Urocoin
South Africa appears to be next.......


Green Earth Systems‏@GESystemsgroup
South Africa and Pakistan to follow in India's lead #Urocoin as payment UREA. Days of “World First” #Urocoin payment http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/ …

https://twitter.com/GESystemsgroup/status/487858340303613952

Yes, it is correct. Most of Urea imports in Pakistan is annual contracts, 12,500MT Urea  X 12months
As they appear to be supplying the TCP (Pakistan Government for urea imports) direct

The Lakhani Group is buying 12,500MT Urea every month  for 12months, they would use 12,500Urocoin every month

GES signs supply contract for urea imports into Pakistan with Lakhani Enterprise
July 28, 2014News & Press
GES has successfully concluded negotiations to supply and import 12,500 tons of urea per month into Pakistan starting from August 2014 and until September 2015. The form of payment used will be Urocoin.
http://greenearthsystems.com.au/ges-signs-supply-contract-for-urea-imports-into-pakistan-with-lakhani-enterprise/