I have tried and tried to believe. I can only tell people something is legit and they should invest if I feel I have intelligently looked at what is expected to happen and how its expected to get there. I feel I was ran around a bush like 100 times and ended up with no further knowledge.
https://twitter.com/UroFoundation/status/499091979561480194Now waiting for a response that must be calculated because its taking awhile. but I have a feeling this endless circle will end with them telling me nothing and me going to bed. This is not fud I want the truth. I want to believe. If this post is deleted it will be exposed.
WHAT is so hard about this question:
How will URO ever meet UREA prices. How will it possibly stay there? If say farmers want to buy more URO to hold onto but cant because the price would go up unreasonably how to keep the price down? Vice Versa how to even get the price up to begin with? How is this not a reasonable question? It may seem complicated but really its not I asked for just one real solution
The closest I got to an answer was pointing to protocols and ratifications as the reasoning.
Like I mentioned in the tweets the ratifications are not even notarized so what are there purpose? They are completely useless pieces of information.
The protocol is quite literally just a sales arrangement that in no way enforces that the price of uro will increase. Nor does it in any way benefit GES to sell UREA for URO at this time as even if the price were to match they would only even out, not gain profit. Even if they assume urea prices will increase how could the benefits possibly outway the risk? Theres no way! Unless they can afford to invest in uro themselves. Sell the urea themselves and completely control the market (making it centralized and pointless) I dont foresee URO EVER matching prices.
PLEASE someone explain to me how this will happen?
I have managed to have a smart discussion with CANN devs and got a reasonable answer as to how they plan to make weed backed currency (great plan by the way, I expect once its released URO will try to copy, making prediction now 1:13AM PST 8/12/2014 edit
). Why is URO so much more difficult? Why cant they come up with a reasonable plan that someone with a reasonable amount of intelligence can understand?
Right now I think people are just blind by the fact that they want to get rich. The reward possibility is high enough that its worth the risk to some. All I want is a reasonable answer to this question and I will be happy to support URO. You see me support CANN daily. Why cant I support URO? because I cant get a real answer. In fact the conversation ended with UROFOUNDATION pretending like I just dont get it by stating
"Uro Foundation @UroFoundation 34m
@BitEXtra a certain level of economic knowledge is needed to understand the peg. We will make more videos to explain each aspect."
I want to believe. Read the tweets and tell me if anything I stated was unreasonable questions?
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