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What would happen if a processor puts in a BUY order for 12,500 URO for .3 BTC each. Guess where the price goes. How fast will people dump? Doesn't matter, the producer wants the URO to purchase Urea. If they get it at a discount, that's better for them.
All of a sudden the market becomes viable.
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You guys have any videos of Mr. Nilesh Nair? I would love to hear him speak. There must be about 100s of people interested to hear from him speak about his company's part in the URO Foundation.
I'm sure he would be able to grace his loyal investors some face time, even just a teeny weeny bit.
I believe the signatories to the URO protocol will stay away from this forum or for that matter any other activity that makes it appear like they are promoting URO in any way. Their job is simply to accept 1 URO as payment for 1 ton of urea. As soon as they start promoting the coin, people start assuming that they own a ton of URO and it starts looking kind of fishy. They have nothing to do with URO the same way Pepsi has nothing to do with dollars. Their job is to simply accept 1 URO as payment for 1 ton of urea and that's it. Exactly! And just like Pepsi pays their workers who produce Pepsi with the dollars they made selling it, the producers of Urea will get paid in URO. It's simple economic  I think the producers will sit on the Uro they are paid with till the price is equivalent to the Urea they sold. These companies are in a multibillion dollar industry and sitting on some coins for a while is not a hardship. They all signed the Uro Protocol knowing they would be paid in Uro. They are not getting cheated out of the value of their Urea like you seem to imply. Additionally Uro-Urea transactions will probably account for a very small percentage of their total Urea sales. commodity producers have huge  margins  , so I guess if you believe that it's plausible for them to sell Urea at a huge loss in the hopes of recouping that money at a later date. But even under that scenario once they sell the Uro on the exchange for a fair market value they owe more Urea to the buyer of the Uro so they don't recoup the losses. So no matter what they are losing millions of dollars since the minimum order is 12,500 tons and there is no way to recoup that money if they accept Uro and don't currently own Uro to profit from the price appreciation..in which case it's more likely to be a pump and dump anyway. The 10,000 Bitcorn pizza was also a risk. And it turned out it was a scam. |
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Isn't there an honorary position available for you Joely?  |
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Sent GES HK an e-mail and confirmed it to be legit for myself.  I wouldn't take just an e-mail as confirmation that it's legit but it's a start I guess.. It's a Hong Kong company, which means it might as well be British. That alone adds a genuine feel to it. |
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Are you sure your name isn't truthfuD?
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where you mining it?.. net hashrate ~100 Gh
and pools listed here ~1 Gh only all together
https://pool.trademybit.com has about 20 GH on it but it's a switcher pool and they don't have an option for direct mining. I'm on https://uro.suprnova.cc but it's under 1 GH. It's real slow mining there but meh, for now it'll do. Edit: website addy was incorrect. There's a direct port for every coin mined on TMB. Direct port for mining URO is 3458. Thank you! |
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Hey on a serious note, is there a mining pool with a decent hash rate for URO? I've been scouring the web but haven't really found what I'm looking for.
Getting 6 and change GH/s on Coinking. Usually averages between 6 and 7 but it is only when the multipool switches to URO although it is on URO about 75% of the time. Otherwise it is significantly lower. I want to know where the pool is that is making up the bulk of the mining. I went through like 10 others and all were sub-GH/s  I started on coinking and it's on as my backup pool. I should switch again. |
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where you mining it?.. net hashrate ~100 Gh
and pools listed here ~1 Gh only all together
https://pool.trademybit.com has about 20 GH on it but it's a switcher pool and they don't have an option for direct mining. I'm on https://uro.suprnova.cc but it's under 1 GH. It's real slow mining there but meh, for now it'll do. Edit: website addy was incorrect. |
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Hey on a serious note, is there a mining pool with a decent hash rate for URO? I've been scouring the web but haven't really found what I'm looking for.
Difficulty rate is mental, better to buy in my opinion. By the way if you join the irc, devs are working on that. I would but my cash is all tied up. I installed x11 software for my old GPU rig, I figure I can get a few more weeks out of her before she goes to the great mining pool in the cloud. |
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Hey on a serious note, is there a mining pool with a decent hash rate for URO? I've been scouring the web but haven't really found what I'm looking for.
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Discussion of incorporation, in which the following key points were raised:
Generator and Genesis Pools may need to be governed by different legal entities.
Possibility of dividing the Generator Pool to be governed by multiple legal entities in multiple countries.
Importance of flexibility to be able to change jurisdictions if necessary.
Need to consult with attorneys in jurisdictions of interest prior to establishing complex legal structures, e.g. multiple entities.
Importance of establishing legal existence of the SolarCoin Foundation in a simple way as soon as possible.
YES! Last two points important. First 3 points INCREDIBLE FREAKING IDEA! So in short, YES! |
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Truthful, you're just a complete tard aren't you.   |
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I just want to say sorry all I admit I lie to get cheap coin we all do it and i felt the temptation. Can you forgive me?  |
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Truthful: The contract that you read is being used by probably every single commodities trading company in the world.
In am sure you are correct and they are all wrong.
It was posted by GES.
How is it used by every single commodities trading company?? Have any evidence?
The ICC don't deal in this type of trade.
The UN Convention deals with international conventions signed by relevant companies Hong Kong is not one of them.
Who is going to go to Paris and have their concerns dealt with?
None of the questions raised in relation to the 'contract' has been responded to.
Where are the other names of the people in the photograph? corather: international trade that has nothing to do with the chicago board of trade? I don't possibly see why india must comply with american standards. They have their own economy. No country can trade without following some treaty or International Law....it's what protects all companies. It's not about other countries following other countries standards. |
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No constructive comments about the facts. Facts don't lie. If it's not true, then explain how it's not?
International law is more complicated than some coin.
We are talking about people losing their money for others to benefit.
Please present facts not low level talk.
All of your comments do nothing but degrade the very thing you are trying to promote as a good thing. Who is going to buy something when the supporters present a bad image for the coin?
There's no explanation for those unable to comprehend. Yeap...that's right. Those who can comprehend only need to make a response. If you can't comprehend do you really know what this coin is all about??? If you can't comprehend then...... Hmm, international trade that has nothing to do with the chicago board of trade? I don't possibly see why india must comply with american standards. They have their own economy. Pull thy noggin from thoust buttocks. |
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Oh hey truthful.. why you ddnt answer my question posted on page 86 of this thread? Why are you avoiding it and forcing to continue your pointless fud just to make the topic change. Hmm I smell somethings fishy..
I only read intelligent comments. Nothing fishy about that. Desperation is not a good thing. Won't help this coin. Don't comprehend them though. |
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No constructive comments about the facts. Facts don't lie. If it's not true, then explain how it's not?
International law is more complicated than some coin.
We are talking about people losing their money for others to benefit.
Please present facts not low level talk.
All of your comments do nothing but degrade the very thing you are trying to promote as a good thing. Who is going to buy something when the supporters present a bad image for the coin?
There's no explanation for those unable to comprehend. |
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@corather:  Good luck with your plan but don't quote their posts. @bitbd83: Noobs always lose money in crypto anyhow. Weak hands panic sell and believers buy. If you really believe in the project you need not worry about the current prices. You misunderstand. |
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Guys please don't feed the troll.He's getting his chuckles and being paid for it too. Don't raise your blood pressure.Sooner or Later the TRUTH will come out and the everyone will get their due. But if we do keep feeding him, he'll get diabetes and spend the rest of his life taking glucose readings and we can all have sympathy for him. |
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