Topic: [Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea - page 88. (Read 227157 times)

Its not really belief imo, its more of an assessed risk regarding the information i have at hand, its just a risky project but still interesting enough to keep me connected for quite a long time now ,  if you want some more info drop by at #uro @freenode and i will gladly talk with you in depth.

All answers are in this thread, the biggest problem- you too lazy and don't want to search and read anything. You want your answers here and now.

broken link.. tried multiple different ways to type it....

Dont you think this is a question on everyones mind? No reason to direct it somewhere else?

Im going to bed but I guess Ill try the link in the morning if I dont get a response here.  Again this feels like a reasonable line of questioning all relatively about the same topic. A simple answer here I can link publicly would be great for everyones sake. Especially if its an actual answer

I thought I explained that already, do you even read bro?

Anyway. I'll explain it more clearly.

What will make the price rise? Demand. If there really are 4 firms signed up for this trading token and the spice is really flowing, despite the fact that won't make an official announcement, other companies will want to sign on to the URO protocol. They will find out through their business networks, word of mouth etc. As demand grows, free market supply shrinks, the order book is bought up because it will be a bargain for many days or weeks up until the market orders dry up. it may take longer, I don't know but there's a limited supply of coins on the most part and there's going to be demand IF this is legit. I don't see why this is so difficult to understand, it's basic economy not crypto spastic economy.

There are coins I don't understand.  I don't own any of them.  I moved on.

You don't understand this coin.  So don't own any of it. Move on.

There are other coins.  Perhaps one of them is a good fit for you. 

Please split your questions up into individual bite-sized chunks, then create the questions at https://answers.launchpad.net/nuro/+addquestion

This is the URO project's official Q & A management solution.

The reason why we have gone this way is to reduce repetition by having previous answers readily available to new members.

This forum thread is only for casual discussion within the community.

wow really did you guys even read my posts?! you are the people that i am talking about and trying to protect! Corather you are too! I cant believe how many people are following this coin and not seeing this.  I get the exact same responses from EVERY SINGLE URO SUPPORTER.

NOT A SINGLE ONE OF YOU HAS A REASONABLE EXPLANATION. NOT ONE.

Im going to bed now I hope I get a real response by the time I wake up. This is insanity. Its like reverse fud or something LOL.

WHAT MECHANICS ARE IN PLACE THAT WILL MAKE THE PRICE GO UP?!?!?!

This is my question?!?! WHERE will this demand you speak of come from?!?!?!

ALL REASONABLE QUESTIONS.

Now that corather knows im poor he thinks they shouldnt waste time answering my questions. I dont like speaking with people who scream racist slurs over frustration anyways (past events im not a part of but I do not support). You cant hold your cool and have no respect so you shouldn't be responding regardless. Your words are largely ignored due to your ignorance and I am never going to take your advice.

Can someone related to URO or with a reasonable answer regarding my question please step forward? Would be happy to converse about this I am not looking to be told "not to invest" or "go away if you dont like it". This is a place to ask these types of reasonable questions. Where else shall it be asked? Twitter? as you can see that didn't work out for me.

I agree, 1000 times already explained as everything works if you can't understand, pass by.

The mechanics are valid for this coin to work. Trading any kind of token for something tangible is not a new idea. The main thing that will cause URO to rise to parity is demand for URO itself. An official announcement may not be made but those who are in the know will get word through their business networks and once that cat is out of the bag the order book will look like an escape velocity trajectory.

Problem is people are fucknuggets and they want answers now and they go to great lengths bother people who have a business to run and no interest in talking to them. They aren't here to serve us as a crypto investor, we're not their target market and they're treating us as such. Is it any surprise?

N there are very good reason I think for the involved companies to not have the uro price skyrocket for the time being until 1 million uro are mined. ( I would leave it upto you to figure this out )

Hobo has done some great research trying to piece together all the connections and have taken a few u turns depending on his research.
Also asked me to reduce my uro holdings because of his research.

Its great to be skeptical.  Every one should be. But the fact that bohan has spent last 7 months on the project. I would rather trust him with my few $$$ ( which I can afford to loose) than ny1 else.  

My simple theory -

No urea - 1$ in uro invested now , I can still take out half of it out if thts the case.

Urea is there- 1$ invested in uro will be 280$ or more.

Another thing.. until now who for sure knows that urea is there- rivaa n lakhani! Did they buy uro!! Yes they did ( true-asset bought for rivaa)

I wud rather support uro to give it a great chance to succeed as fast as possible than fudding it.

Just my 2 cents. I can add a lot more to all this after considering both sides of the uro story but this summarise my thoughts. When one of the agricultural organisations vouches for uro as a concept then u might believe in it and its up to u or to nyone else involved to help make this concept a reality. And I have seen many concepts which people found it impossible to wrap their heads around at the beginning became reality n would change the world for good.

I agree that all this would have been achieved much faster n easier if ges or others involved were more transparent about the whole thing.

Thanks

If you can't figure out how a particular coin works, don't own it.

It's that simple.  Goes for any coin.  If it doesn't make sense to you, don't buy it. Sell it if you already own it.

Then move on. 

Your problems are then all solved.

This is funny because this is probably the 5th person who supports URO that has said to me the SAME THINGS. Basically all supporters JUST BELIEVE.  Then they tell me well if your worried about it just dont invest.

I have 0 dollars to invest. I am not a investor, I am a poor miner who cant afford his power bill let alone the crypto to invest in. I missed out on every possibility of getting a big chunk (dogecoin, litecoin boom, most any profit i missed it by mining the wrong thing or saving the wrong time).  I am simply here as a concerned person who currently holds a massive 2 URO coin.

So do I matter? Probably not but the questions I ask matter if people like you who refuse to find the answers expect to ever get a return.

I seek truth and exploit it for absolutely NO monetary gains:
https://twitter.com/BitEXtra/status/495379812610211842

Me too because I see alot of true-assets posts and from what I see he barely believes in uro.  It seems a lot of his posts actually reflect negatively towards URO.  Maybe im crazy but the posts linked from UROfoundation in the tweets were not good and in no way supported the rate increases they are expecting.  Also did not explain the same relative question i asked repeatidly.

Also why no response after I stated I have more then a reasonable amount of economic knowledge (which is why they stopped speaking to me)?  Why beat around the bush like 20 times.  The length of how many replies were ridiculous considering I quite literally was asking 1 relative question just reworded differently in hopes that it would be understandable by them.

The question isn't as broad as they pretend it to be by shoving links at anyone who asks. There is absolutely no actual plan or reasoning shown that would suggest URO prices will increase or match UREA.  Nor that it will continue to stay at that said price within reason. Free market is not going to get it there on its own. Please show me some reasonable plans or reasoning and I will be in full support of URO.  Also some form of proof of shipment does not seem like an unreasonable request.

As URO continues to crash I keep asking why will it ever turn around? Wheres the answer to the question that matters?

So Mastermind, i will try to answer you according to my knowledge of the project, i am not Dev, nor in the Dev team, just a very active comunity member.


So, the answer to this question is no one knows, if it was known then price would be equal or the same as Urea in the market, the current price reflects uncertainty and lack of liquidity, however the important factor in my opinion is not within farmers or crypto traders, the price will be brought (if it happens) by importers and commodity traders, and the increase of importers demanding to use URO would keep the price up by buying the dump and sell walls as its convinient for them.

why hasn't it happened yet? well, because its been one month since the go live and the trade usually takes from 60 - 90 days furthermore most observing importers are waiting to see the first arrival in order to make their move.


The difference is that, URO is more complex than cann due to its price, i mean you cant UREA without several hundreds of thousands of dollars to pay for shipping for example, there is production time after the purchase to consider and many other details that accumulate into a pretty big coordination and expense effort.

does it mean its not happening ?

absolutely not, things are happening, they just happen at real world speed and not at crypto speed, you wont see a ship arriving anytime soon, rivaa probably wont publish its arrival considering the harassment they received when they published that they did the order, and for sure no one will publish it, price will just go up as in normal real life growth


this is my opinion, i can tell you things are happening, but if you are worried about your money, simply dont buy any and wait till the price starts raising.

PD: never expend more than you can afford to loose, always recover initial investment when is a good moment and if you want participate in the community

+1 I hope true-asset will comment on this valid points.

Generated a QR-code from my pcwallet and scanned it. Worked! Then have sent some money back from my Nuro wallet to pc. Worked! Showed received instantly on my pc 

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/499091979561480194

Now 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?

Well I downloaded the legacy and it's still doing the same thing so I'm going to just say my phone is retarded. Guess I'll just use the windows wallet, works okay for what I need it for. Thank you for the extra trouble though.

I have sent some uro from my wallet on pc to the Nuro-wallet on the phone and it appeared as amount pending instantly there. This is really great!

Wow you are fast! Thank you so much! Will download it and test