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Topic: [Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea - page 172. (Read 227157 times)

newbie
Activity: 14
Merit: 0
For me this is the last piece of the puzzle. I now know who the end user of this commodity is and how it will be distributed. They are selling the urea to the Indian government agency, who then resells it to the farmers. In order to protect their domestic urea production, India requires that  the contracts be filled by an Indian company. An ESTABLISHED company, not just a start up made to circumvent the regulations. GES  has access to cheap chinese-made urea from the many new plants they are bringing online. India has the largest amount of land under cultivation in the world. Rivaa is an established and respected company. They are using uro as a tool to bypass the government regulations. Once the uro is circulating within their network, it will not come back onto the market except for a token amount needed to legally prove it to be a decentralized medium of exchange, should their use of it be challenged in court. Ever hear of time is money? In this case, it is so true. This will allow them to have their ship in port and unloaded before the competitors have gotten through the layers of approval from 3 sets of government regulators. Their actions will probably result in new regulations eventually, but politics takes time and I'm guessing that rivaa has plenty of lobbying power on hand already. In the mean time it's worth many millions to them to  deliver on these contracts. Any other company that wants to compete on even terms will have to buy uro on the open market at whatever price is asked. And the end users will probably get a little better price than they have been, so no lies here, they just didn't want to advertise finding a way to take advantage of government subsidies. I say again, it's brilliant. And perfectly legal, if not quite what I would consider ethical. The next few days might be the last chance to buy uro at any price. My advice- don't spend the rent money on it, but if you were planning on a new tv, might wanna wait a bit for that and grab some cheap uro while you can.

 finally people are beginning to see the big picture

editsssss*&
member
Activity: 70
Merit: 10
1 URO = $339USD

“First they ignore you, then they laugh at you, then they fight you, then you win.” Gandhi
member
Activity: 196
Merit: 10
For me this is the last piece of the puzzle. I now know who the end user of this commodity is and how it will be distributed. They are selling the urea to the Indian government agency, who then resells it to the farmers. In order to protect their domestic urea production, India requires that  the contracts be filled by an Indian company. An ESTABLISHED company, not just a start up made to circumvent the regulations. GES  has access to cheap chinese-made urea from the many new plants they are bringing online. India has the largest amount of land under cultivation in the world. Rivaa is an established and respected company. They are using uro as a tool to bypass the government regulations. Once the uro is circulating within their network, it will not come back onto the market except for a token amount needed to legally prove it to be a decentralized medium of exchange, should their use of it be challenged in court. Ever hear of time is money? In this case, it is so true. This will allow them to have their ship in port and unloaded before the competitors have gotten through the layers of approval from 3 sets of government regulators. Their actions will probably result in new regulations eventually, but politics takes time and I'm guessing that rivaa has plenty of lobbying power on hand already. In the mean time it's worth many millions to them to  deliver on these contracts. Any other company that wants to compete on even terms will have to buy uro on the open market at whatever price is asked. And the end users will probably get a little better price than they have been, so no lies here, they just didn't want to advertise finding a way to take advantage of government subsidies. I say again, it's brilliant. And perfectly legal, if not quite what I would consider ethical. The next few days might be the last chance to buy uro at any price. My advice- don't spend the rent money on it, but if you were planning on a new tv, might wanna wait a bit for that and grab some cheap uro while you can.
full member
Activity: 154
Merit: 100
Some Interesting Facts on Cryptocurrency Traders
1: average age is 20years
2: single male
3:speed trade (looking to make enough to pay rent)

I feel like a grandpa. here  Smiley


hero member
Activity: 868
Merit: 1000
This is the only URO thread?
the old one closed and this?

If you are actually interested in talking about URO, and I mean true conversation not accusations and name-calling, then go to the Freenode IRC #URO. It is usually pretty active in there.
hero member
Activity: 560
Merit: 500
This is the only URO thread?
the old one closed and this?
legendary
Activity: 1246
Merit: 1000
Just so we let anyone know who accuses the mods of censorship, Chang practically called someone a child molester, this is beyond trolling and doesn't belong here.
hero member
Activity: 868
Merit: 1000

I meant the other thread, I don't think scambuster is deleting your posts there. Davis is allowed to delete anything he wants from here. Thanks for the insults, I'm not your enemy and I figured we could keep this humane but I guess not...
full member
Activity: 159
Merit: 100
Chang/cryptofox you have a serious attitude problem. You need help.
hero member
Activity: 868
Merit: 1000
Chang please give it a rest here, you have an entire thread to yourself to speak your mind. If you don't want to keep receiving "spammy emails" then stop spamming this thread. He is the moderator and he is allowed to remove any message he wants to.
full member
Activity: 154
Merit: 100
Some Interesting Facts on Cryptocurrency Traders
1: average age is 20years
2: single male
3:speed trade (looking to make enough to pay rent)

I feel like a grandpa. here  Smiley

sr. member
Activity: 294
Merit: 250
@Davis why don't you delete the post where I'm unfairly Racist towards Americans instead of keep deleting the post where I briefly mention you as a scammy shitcunt scampusher. I think you're making major biases and abusing your power as admin.

Edit: Davis sorry I kept calling you David oh well you got who I meant right?

Ok MR. CHANG

We have had enough of you. I personally thought you deserve to be heard- but you have crossed all the boundaries.

If you have a tiny bit of self esteem- you will not post another post on this thread. ( and also please go back and look if you find urself if u were here)

P.S - I have also nominated you for the Noble Prize for your services to the crypto community as it looks like you can't go on with your life without stopping the whole world being scammed.
hero member
Activity: 560
Merit: 500
Never a dull moment on this forum, that's for sure. Somebody should make a documentary about bitcointalk.org.

Yes:) Documentary like from mental clinic LOL
full member
Activity: 154
Merit: 100
Well lets go by what is confirmed so far.
GES does trade in UREA - international sellers of Urea
Rivaa does Import Urea into India and sells to IPL - Indian Gov.
Indian Gov. does by Urea from Rivaa

Instead of Rivaa using normal LC to pay GES they have use URO
These are the facts so far.




Genuinely I have come to the conclusion this may not be a scam but it may well be some chancers actually trying to pull this off. Not convinced they will succeed and not convinced all they ha e said is legit but I think they probably are trying to actually do this.

So you believe they have $8million to cover todays order and another $4million to cover the next and it makes good business sense for the reasons less intelligent people then myself have explained over and over again?
full member
Activity: 154
Merit: 100
URO  Over 500BTC on the exchange - rating as No 1 traded
hero member
Activity: 1218
Merit: 500
BintexFutures
Genuinely I have come to the conclusion this may not be a scam but it may well be some chancers actually trying to pull this off. Not convinced they will succeed and not convinced all they ha e said is legit but I think they probably are trying to actually do this.
full member
Activity: 154
Merit: 100
YES this is confirmed by Indian Government IPL for UREA





http://greenearthsystems.com.au/uro-transaction-completed-25000urocoin/

URO Transaction Completed 25,000Urocoin

July 15, 2014News & Press
MR. HARIKISHAN S. VIRMANI, MANAGING DIRECTOR, RIVAA EXPORTS LTD, INDIA Confirms completion of IPL (India Potash Limited) Urea sale, 6 months after receiving the signed contract from India’s largest government fertiliser body for Urea importation. RIVAA, who purchased the Urea from GES in order to supply IPL, was delayed for months by banking compliance issues between RIVAA’s local banks and GES’s international banks. The use of Urocoin completed the transaction between GES and RIVAA within days.

“With no setup or banking fees and interest charges, RIVAA and GES are saving close to $300,000 USD on this transaction alone” said Mr Nair.

Currently, URO can be purchased at International Market Rates from most established exchanges, including:

URO is 100% real!!!

This proof should be enough:


hero member
Activity: 868
Merit: 1000
Never a dull moment on this forum, that's for sure. Somebody should make a documentary about bitcointalk.org.
legendary
Activity: 1246
Merit: 1000


What kind of English is this?

Also I have never seen an official document with so many typos.

The official IPL website is full of misspellings and links that don't work.

Go figure.

Clearly India Potash or the government of India is not real.
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