typical answer from URO trader when he does not have an answer. dumb!

whaaaat? I am dumb? why do you put RIVAA in this whole thing?
URO FOUNDATION wants the farmers to be able to buy UREA anytime they want, right?
They want to setup the exchance process for farmers to exchange Urea into URO.

Now, who is dumb??

and to you your question, where farmer gets hurt..read this article
http://altcoinplayer.com/if-urocoin-actually-were-a-scam/

 

aLTCOINPLAYER is the one who keeps saying this coin is LEGIT and its not SCAM but in his article he writes:
"Even if Urocoin is a scam, you can make a huge profit."  Meaning, who cares about UREA, who cares about farmers, we just want this coin to make profit.


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

great! so why not show it to URO traders, those who invest money into that coin.
Is twitter the only "legal document" URO Foundation will always share??

we have seen confirmation (twitter) about first shipment but never saw the payment (invoice/billing) which shows that the transaction was done in URO
Meaning if the order is fulfilled, there should be invoice, right?

the man is telling the truth, nothing but the truth.
He is providing facts and legit documents (if you do not believe, buy it..its there)

All you do is keep showing the URO Protocol which is standard contract (as somone from URO community said as I asked about bank information) and some website where it says we support Urocoin...oh yeah and show some old documents from 2012 and link your documents to Twitter account.

But did you ever see one payment document (invoice/billing) done with UROCOIN? No!!! How comes?

the man is telling the truth, nothing but the truth.
He is providing facts and legit documents (if you do not believe, buy it..its there)

All you do is keep showing the URO Protocol which is standard contract (as somone from URO community said as I asked about bank information) and some website where it says we support Urocoin...oh yeah and show some old documents from 2012 and link your documents to Twitter account.

But did you ever see one payment document (invoice/billing) done with UROCOIN? No!!! How comes?

Thanks, unlike you as someone who has invested in this scheme, I can look at look at it from a neutral perspective.

As the scam is still ongoing

Fuck news articles, I want to see a URO address on the blockchain with enough URO coins to equal that many tonnes. Let's see if you guys can prove this in reality as opposed to with words alone.

lets just get it out there in stereo lol


http://greenearthsystems.com.au/ges-signs-supply-contract-for-urea-imports-into-pakistan-with-lakhani-enterprise/

On July 9, 2014 URO was purchased from the market by Green Earth Systems in the amount of 88.242BTC at a price between 0.004BTC and 0.007BTC per URO. As the account already contained 2778.998URO, we can estimate no more than 17,000URO total could have been acquired for that amount of funds given a market buy. The total value of that URO at the prices stated above is $36,890. The total value of 17,000 tonns of urea at the prices state above is $5,063,960. The total profit from arbitrage is $5,027,070. Not a bad deal for Green Earth Systems, but where does that money come from?

Urea is a fundamental part of global food production. Farmers in the third world and emerging markets purchase it by the tonne so they might fertilize their crops and increase yields. I won’t bother to provide references or belabor the explanation since Google exists, however suffice it to say that that money is coming from the poorest people on earth.

Going back to the SLR concept of rewarding generators per MW....

The current system is to reward solar generators by monthly proof of generation.  This is a lot of work and the idea recently of linking the inverters / meters to the IoT (Internet of Things) with Eurethium or whatever is sound, but ...

I have done a fair bit of software for the ENASOLAR inverters that I use at home and even getting one inverter type to talk to the 'Net is hard enough, and finding common ground to align them all is going to be a nightmare, particularly with legacy inverters.  There is no way to easily / cheaply update all those already installed units to talk a common language - even if there was a standard agreed upon - and there is not AFAIK.

However, it occurred to me that perhaps a lateral step back could provide a solution.

I have had 24 x 190W panels (4.4 Kw through 2  Enasolar inverters - I have a NW and NE array) on my roof since 15 Nov 2011 - 986 days to be exact.  I keep a per day automated log of our all electric house's use and generation and the information is useful for forecasting and rapid feedback of problems on the use and generation side.    Although there are obviously quite large variations of day to day generation and month on month seasonal changes in solar output, the year on year by month is remarkably consistent and reliable.

I went into my spreadsheet this morning and jigged around a few aggregate numbers for the whole period of operation : (rounded sensibly for overview discussion rather than pedantic values)

Daily each panel produces 0.7 KWh
Annually each panel produces 244 KWh
Over 25 year lifetime a (190W) panel will produce 6.1 MWh

Panels nowadays are more like 235-250 per, so perhaps 7.5 MWh per panel would be nearer.  However variations in geographical and climatic conditions will produce a a greater range than pure panel specs, so for argument's sake, let us go with 7 MWh per panel over whole nominal life.

Where I live that would equate to a retail (inc taxes) spend of 7000 x 0.28NZ$ = $1960 = US$1666 (at today's rate).

My panels cost me around NZ$650 each (installed)  but now I would expect to pay nearer NZ$350.  Although the steepness of the price curve is leveling, there is no reason to doubt NZ$1.50/W installed in the near future.  But there are a lot of other soft and variable costs with getting those big flat shiny things onto the roof safely and making grid phased power, that the pure panel cost is just part of the cost - although a reducing segment.

My point is that you could actually allocate SLR not on an invoiced generation monthly rate as proposed, but on a forecast ability to produce.  The only leap of faith is that having brought a panel it would go into the sun and the output used.  I personally find it inconceivable that apart from the odd breakage / failure, which are replaced anyway, that a individual (as apart from a re-seller) having brought a panel(s), they would not use it.  The vision of a garage full of 2x1 meter glass and aluminium slabs stacked up as decoration just does not work.

If you can make that leap of concept then the solution is easy and much less administratively demanding.  On production of a retail installation invoice (or just a panel purchase invoice) you get a certificate of Generation Potential for the annual forecast output of your panels.  My average output over the installation comes to 1.28KWh per installed Watt per annum.   People living in sunnier climes than Auckland, may get more, others less.  But the radiance figures are available from NORA and I would guess that a sensible regional number could easily be allocated.

So rounding down to accommodate the lowest common generator, you could quite logically allocate 1 SLR per KW installed per annum in arrears.  Simple, easy to administer and relatively fair.  At the current SLR value, that is of course the square root of sod all, but at the possible price of $20, that would be well worth having.

I have spoken to my installer here in Auckland and they would have no objection to including the potential SLR Certificate as part of their advertising (it costs them nothing after all)  as it would be just another perceived benefit.  So why would that not be a common reaction?

So how would it work ?

On production of a solar installation invoice (from an approved supplier?),  the end user gets a certificate JPG every year (for 25 years) of a QR code that contains the block for X SLR.  Or, if they have a SLR wallet registered, then the transaction goes straight to that.  Simple to do.  The alternative of sending in monthly / annual certified generation certificates etc etc is a nightmare by comparison.

You need a change mechanism for when people move / die / sell houses etc, but that is normal practice anyway.

Just an idea.....

Ken