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1041  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 15, 2014, 09:11:08 PM
Never a dull moment on this forum, that's for sure. Somebody should make a documentary about bitcointalk.org.
1042  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 15, 2014, 08:41:55 PM


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.

I really think part of the issue is that a lot of the people here are from the US, and we have unrealistically high standards... we are a bunch of spoiled brats.
1043  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 15, 2014, 08:36:52 PM
Source document they copy pasted from



COME AT ME BROS

What kind of English is this?

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

That is an undoubtedly official document, brought here by somebody calling this a scam. The fact that it has poor English and spelling errors only excuses any poor english/spelling errors that occur in the documents that are being scrutinized.


I actually don't see many typos, though.
1044  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 15, 2014, 08:24:49 PM
Source document they copy pasted from



COME AT ME BROS

So they copied/forged this source document, and in the process put an "incorrect and suspicious" date on it  Huh
Seems like a rather foolish mistake, and something a scammer would have noticed.
Also the signatures, while clearly the same name, are not exactly the same. In other-words, the documents were signed at different times by the same person.

1045  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 15, 2014, 05:10:01 AM

Love it! Haha
1046  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 15, 2014, 04:39:56 AM
Can somebody please reply to this tweet from Bryce Weiner https://twitter.com/BryceWeiner/status/488813850331193344
with something along the lines of "Oh yeah, you're totally right- $4,000 is SOOOOO much more than $2,000,000 Roll Eyes"

I would but I don't have a twitter..
1047  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 04:33:16 PM
I purchased VRC daily. If done hardfork, my coins deleted before the hack ?

yup.

Your blatant lies discredit anything truthful you may say
1048  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 05:37:27 AM
All these people think it is somehow amusing and entertaining that other people lost money. I'm an atheist but sometimes I wish there was a place...
1049  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 02:16:58 AM
So, its a "gimmick" that actually saves you money! Huh, whatta gimmick!
Yup.  A lame centralized gimmick, like all of the other VRC 'features'.

When you start reverting back to insulting other aspects of the coin it becomes clear to people that your previous posts and "recommendations" are all given with similar ill intent. You are a troll who is happy to see VRC hurting, congrats..
1050  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 02:02:09 AM
Otherwise I'm cutting mint pal off my list of useable sites
You should probably do that no matter what.
1051  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 02:00:01 AM


Hey genius, guess what- in order for the rollback to happen the majority of users have to agree to this and switch over to the new wallet. It is not as though the devs are able to force this to happen or do it without telling people. They don't have centralized control over the blockchain, this move is dependent upon a majority consensus by the entire decentralized system.


Bullshit...  Mintpal is what percentage of the total stake weight and network?  A HUGE portion.  You need a hell of a lot less then a majority of users to cause the rollback to take affect.

What we've learned from this, is that apparently MintPal controls VRC...  How can you think anything else?

If I'm not mistaken, Mintpal doesn't have jack shit for coins anymore- they were stolen.. Right? So, that means the HUGE portion that were stolen would actually be working against the fork. Which would mean that an even more significant portion of individual users would have to agree to the fork for it to work.
1052  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 01:54:20 AM
All these people from darkcoin, blackcoin, etc coming here trying to tell vrc holders what they can and can't do with THEIR coin.. lol.. these fucks are scared, just like the person who pulled this heist off- trying to bring down a competing coin.
1053  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 14, 2014, 01:53:25 AM


Hey genius, guess what- in order for the rollback to happen the majority of users have to agree to this and switch over to the new wallet. It is not as though the devs are able to force this to happen or do it without telling people. They don't have centralized control over the blockchain, this move is dependent upon a majority consensus by the entire decentralized system.
1054  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 13, 2014, 10:59:52 PM
So riddle me this:  Which designer of URO thought it was a good idea to distribute URO to the mining public, which will theoretically entitle them to a vast amount of $ in urea?  Like if I'm Microsoft right, and I create a virtual currency (call it Xbox points), why would I give them to a bunch of random nobodies that have nothing to do with Xbox or Microsoft for free?

That's what I really can't get over, aside from the general lack of market demand for such a coin among probably anyone in the commodity trading ecosystem.

And by the way, I know that the average BCT member has a terrible background and no experience with anything remotely approaching any type of financial market, but the fees people pay to banks are for a reason, and in any case the fact that they use dollars or euros vs. URO is not the issue, and if there were a market opportunity to avoid the fees it would be taken completely irrespective of URO.

I don't think I've put anything unfair or hostile in this note, but it isn't cheerleading so will it be deleted...?

Why would Apple sell shares to samsung bobo's?

I guess this goes back to my point that BCT members don't know anything about finance; an URO coin is nothing like a share in apple; GES or whatever is not issuing equity and you are not buying equity in anything by owning URO.  Yikes.

Here: this is from the uro blog

Market creation and growth via “Earned Distribution”: to have a market – you need mass participation. What is the point of Uro if – when it reaches its proper value – that only a few hold it? There will be no point to such a currency – currency is something that is useful for exchange between people – especially strangers. The bigger the market the better – and we believe that the best way to create a large market is through what we call “Earned Distribution”: everyone that is holding Uro have earned them – by mining to keep the network operating, by contributing to the community via posting new information to strengthen its value, by buying some Uro. This is the free market at its best – mass participation with no freeloaders.

Please dont think that only the miners or day traders are on the exchanges- i got a few farmer friends in India and after speaking to them, i have bought some uro for them as well. And m not too sure if Rivaa Exports who placed the first order with 12500 uro were mining either.( here is the transaction http://uroexplorer.cryptocuttlefish.cc/address/UkTxkgTehxnrrmuUdx8hXre2GyUaeNasbW )

 Hope this solves your riddle.

Thanks

Let me ask my riddle then this way: if you insist on giving away URO in order to spur adoption, why not give them to people that own urea?  Why give such a valuable amount to miners / etc?  You are giving those parties a totally unreasonable amount of compensation that will massively turn off people that actually own urea.  OK?

It is like if (suppose for a moment I can create URO coins arbitrarily) I told all the owners of URO, who have something that currently has value, that I am creating a ton of new URO and giving them to other people for nothing.  You would scream that the price might crash as they get dumped, why are you doing that, those people don't deserve valuable URO for doing nothing, etc.  You see the issue?  This is what is being done to urea holders.  

Except in practice it will simply prevent urea holders from signing on to the system in the first place.

There are 3 parties involved in a commodities transaction. The producers, the processors and the traders. You can't have a free commodity market without traders.

Are you suggesting that the average URO holder has any ability to trade urea?  You are making my point.  Why give so many URO to miner and investors that have no connection to the urea market?
The network needs miners to maintain it, those miners need to be compensated. Nobody is giving anything to the miners, they earn it. Nobody is giving anything to investors either, they buy it from the miners...
1055  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 13, 2014, 10:10:37 PM
I just want to know why they targeted only VRC...
1056  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 13, 2014, 10:09:17 PM
here's the problem with a rollback: You sell me 100 oz. of GOLD, not fiat, not bitcoin, not pork bellies (tho the pork bellies wld be same as Au) for an equivalent amount of VRC.

You and I agree that VRC has value, so we agree to the exchange, I send you VRC, you ship me gold coins.

A bad man steals many VRC from MintPal. Blockchain gets rolled back. I get my VRC back.

*But I Still Have Your Gold.*

You win the arguments fight, end of discussion!



Uh, no.  If you have the gold and you gave another man the VRC for it, then HE gets his VRC back while you have the gold.  So everything is still even.

Not if the exchange of VRC for gold happened after the attack
1057  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 13, 2014, 09:57:13 PM
is pretty convinced that its real however i dont understand why ges would do this why shouldnt they just their product for a set price , why give away 2-3 shipments for a cheap price ? i dont see the benefit for the company

No one is giving anything away.

In the first 10 years there will only ever be 2,000,000 URO maximum. That's enough for 160 orders of product. Right now there's only about 300k floating about, that's enough for 24 orders. As Green Earth collects this URO into their wallets the supply of URO goes down, driving prices up. Eventually they will control most of the supply and they will have cornered the market. They then sell their URO at market prices and people who actually need the product who have the available cash will buy it in order to save on bank fees.

tl;dr

Green Earth collects URO, corners market.
Green Earth sells URO for market prices.
Buyers buy URO to trade for product.
Cycle repeats.

How hard is this to understand? It's not freaking rocket science. Why don't you use your head for something other than a hat rack?

Heyyy now no need to be offensive, It is a legitimate question and I don't think he was trying to troll.

I'm not trolling, I'm irritated. He's trolling. That same question has been asked over and over again by the trolls. No matter what response is given they keep asking it to spread FUD.

I think you are mistaken. I never said you were trolling, I said I didn't think he was. Looking at his post history, it doesn't look like he is one of the people spreading FUD on Uro. I don't think he is trolling. New people are going to ask questions that have already been asked before... It would better to not respond in an abrasive manner. There are people working on getting a wiki set up which should answer all these questions, so that people simply have to link new people there instead of having to repeat answers.
1058  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [Moderated] [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea on: July 13, 2014, 08:52:40 PM
is pretty convinced that its real however i dont understand why ges would do this why shouldnt they just their product for a set price , why give away 2-3 shipments for a cheap price ? i dont see the benefit for the company

No one is giving anything away.

In the first 10 years there will only ever be 2,000,000 URO maximum. That's enough for 160 orders of product. Right now there's only about 300k floating about, that's enough for 24 orders. As Green Earth collects this URO into their wallets the supply of URO goes down, driving prices up. Eventually they will control most of the supply and they will have cornered the market. They then sell their URO at market prices and people who actually need the product who have the available cash will buy it in order to save on bank fees.

tl;dr

Green Earth collects URO, corners market.
Green Earth sells URO for market prices.
Buyers buy URO to trade for product.
Cycle repeats.

How hard is this to understand? It's not freaking rocket science. Why don't you use your head for something other than a hat rack?

Heyyy now no need to be offensive, It is a legitimate question and I don't think he was trying to troll.
1059  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: July 13, 2014, 08:10:03 PM
I've been away for a while.. is it possible to exchange maidsafecoins for safecoins yet?
1060  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 13, 2014, 07:44:29 PM
It seems that VRC PoS vulnerabilities are not fixed yet so attacks like this are possible.

Somebody is about to make you feel really dumb. Will leave it up to that somebody to do that.
Why does it have to be about making someone feel dumb? Just offer the simple explanation: The security issue is with MintPal, and MintPal alone.

This time it was MintPal and too centralized VRC market structure. But VRC PoS vulnerabilities still remain. It's not safe to invest until PoS is fixed. I hope dev buys a working PoS (license) if they are not able to fix it by their own.

What are you talking about?
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