if you theory is correct, and rivaa helps GES by paying them on the side (even thou contractually speaking they dont have to), then that is between the 2 of them.

 I no longer believe that is the case.
As someone else here pointed out, they are leveraging the urea market by creating a stored value token in an expanding market.
Ever get a starbucks gift card as a gift, forget about it for 6 months, and then one day find it and go out for coffee?
Same principle.
 

I won't name the companies because of all the FUD flying around. I trust myself not to misuse this information, and the future of uro is still uncertain.
If these companies withdraw their support due to bad publicity it will kill this coin.
Everyone still has to make their own decisions
I still say the urea is real and this will be proven.
That's enough.

And if I can identify the ship, I might even be able to trace the records back to the urea manufacturer, but for sure will determine country of origin.
Of course, I won't share that with you.
I respect the efforts of the major players to remain behind the scenes.
If you can't figure it out for yourself, you'll just have to trust me on this one.

Actually, I can. I know the location of the physical plant where they already receive regular shipments. There are 1 major and 4 minor ports nearby.
They will ship to the most cost effective one.
It is where the established supply chain is.

Raja ji
If you're still out there....
Can you access the Gujarat Maritime board website? The traffic statistics won't come up on the english site, I don't know if they have an alternate site in India that may work better?

Coinasaur, nobody involved is going to tell you anything, especially in response to accusations.
The group behind this is taking measures to remain in the background.
Call it a scam all you want, but when the urea lands, it's big.
Give me a couple hours, I'll bet I can tell you what port the shipment is coming to and possibly the name and registration of the vessel.
Don't know how long I can work on it, I just got out of the hospital a couple hours ago and I'm still very weak.
But I'll find it, if the port records are available online as I now know what I'm looking for.

I've done my own research, and uncovered some interesting interconnections. I won't publicize the results, but I will state this publicly-
 The urea shipments are legitimate and will be received. The supply chain is well established.
 I highly doubt that GES will sell urea to the community-at-large for the current price of urocoin, they will wait until the shipments arrive and uro is pegged to market value. There are several companies involved here which appear to have been created as public faces, but the proof will be in the urea, and the urea is real. Take it for what it's worth.
 If all it needs for this coin to succeed is for the fertilizer to flow, it's a winner.

corather- here is the 2778: 0   f4fce5d68f...:0   2778.998   UQ3BosPs5ZRynaWaeY3ncyMm1tzqhJbXZ2   71:3044...ed01 33:0290...5b06

and here the entire 12500:  db42072f86...   36314   2014-07-30 02:15:15   12500   12500   URO

and here the destination: UYoWCPdjsygTWejASj4FkMjV7c6g85gRZq

no UkTX anywhere in the blockchain.
 Block 36314.

Liars are so easy to check.

I believe the price comes from the trader culture. most coins are being held in anticipation of the urea shipment arriving and sufficient proof being shown, in hope for big gains.
I believe the current price is a result of bot trading from multipools, which accept a certain range of value. Uro is still one of the most profitable coins to mine.
The value is stable to market cap, so low risk. If it should all collapse, you are not out for big bucks, and if price rises you are in a strong position.
some traders are probably trying to manipulate the market for short gains also, while holding their coin and creating little spikes to slowly increase their holdings. I'm holding for long term, so I don't play those games, but I'm sure there are many traders who find a 10000 satoshi profit per transaction valuable.
The contracts have value as long as the urea flows.
Everyone wants proof of receipt of the shipment, as the manufacturers are not listed anywhere.
Urea production is generally sold in advance (i.e) made to order. If the urea is real, this coin wins.
This is a holding pattern, just mine and sell, with the difficulty being so high and rewards so low.
everyone is still thinking BITCOIN.
I'm thinking of Who and where is the market for this. Whose got the money?
It's a fact, you don't.
At parity 10% of true value would be 30,000,000usd
it's way bigger than bittrex or cryptsy, although cryptsy could become a major player if they use their existing infrastructure to create a fiat exchange, enabling fast movement in to and out of the market.

nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence.
I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months.  If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin.  when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked.  The timing is key here.  it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here.
1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure.
2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.)
THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.)
It would look something like this
 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now.

bump
bump
730 Urocoin

So they look at numbers. Numbers don't lie. But they can be manipulated by lying men. Politicians prove that everyday.

They may buy all they can, if they understand cryptos, AND someone is paying attention to the market. If not, they just go by the contract and follow instructions on how to buy. When the foundation establishes their exchange, it's as simple as writing a check- when they get it, they just send an email with the wallet address and the transaction is done in minutes. business as usual, with a new name on the check. All the buyers have to understand is that the transaction fee is 100x less. You know what YOU would do. A corporation is a complex being, in which all parts do not fully co-ordinate, but rely upon communication from others. You do your part and don't concern yourself with what others are doing. That's why CEO'S make big bucks, they get the small parts of the big picture and have to puzzle them together. problem is, by the time it reaches them, the information is so highly condensed it is difficult to determine what all this actually MEANS.

another thought that occurs to me- if 5400 coins per day are mined and all of them are sold immediately, at the current price, that accounts for about 10k usd per 24 hrs, or about 17btc . Where is the other 83+ btc coming from? is that just traders pushing around that kind of volume for 20k sats per coin?
At this price it would take 270 btc worth of uro traded to make .27 bitcoin, or about 200 usd at 100k satoshis spread per transaction.
so where's the money coming from?
someone is buying.
or 200 traders are making a dollar a day.
 Fuck that shit.
.18 btc per coin until the usd market is launched..

if the urea doesn't ship then
A. They scammed the Urea manufacturer, who just said, ok, i'll whip you up 25000 lbs of stuff to any clown who calls on the phone
B. They scammed Rivaa
C. They scammed Lakhani
D. They scammed IPL
E. They scammed the Government of India
F. They scammed the Government of Pakistan
G. They scammed the (communist) Government of China
 All to get 25000 coins worth 4(oops I mean 2) usd each.
hell, I'd PAY that to see it.
If that's what you think....
You're only gonna get what you make them give you. Better just sell everything you're holding for the current price. I can assure you the sell order will be picked up instantly.

They don't HAVE to show you a damned thing. they already SOLD THE CONTRACTS! that's why I commend Bohan for giving us a chance to get in here. Yes, it helps to sell more faster if the coin is popular, but it's up to you to get paid. These guys are building their payday right now, with every contract. Get your share.

but of course, as i stated previously, the exposure for ges is only about 3 million usd. mostly because you are chickenshits and won't stand up for your share..

It's a SALES TEAM, AND THEY ARE GOOD. The goal here is to sell 1,000,000 tonnes of fertilizer at a 10% or so margin. The Uro Foundation is just the security guard for the network. The bank fee savings are the selling point. Eventually, the money will even out to a 30 million usd profit, it's just a matter of how much time it's spread over. The higher the volume, the lower the margin, the higher the volume, etc, rinse and repeat ad infinitum. How do you lose 300 million usd? Spread the loss out over 3 billion USD worth of sales over 10 years. it's all in the accounting. Accounting does not require a positive or negative result, it only requires that the numbers all match.  +/-, it don't matter. Any CPA's wanna explain how many ways they could cook in the short term while waiting to become profitable on paper? Some companies never do.
And as for bankruptcy, it can be strategic.
Credit beats cash every time!
How many of you out there got 20 bucks in your pocket til payday, but 50k avilable of credit cards in your wallet?
Anyone have a mortgage?
This is no more of a scam than your mortgage.

nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence.
I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months.  If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin.  when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked.  The timing is key here.  it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here.
1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure.
2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.)
THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.)
It would look something like this
 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now.
MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE.
This idea has already succeeded. It's good to go, with or without you.
THE ONLY ONE SCAMMING YOU IS YOU.

anyone notice that bittrex daily volume has almost doubled in the last 24 hrs? There's a lot of btc coming in from somewhere. Still, there's not enough free capital floating around all of the exchanges combined to come anywhere close to parity on this coin. does anyone really believe there are 250 million usd floating around in here? my concern is that once the uro foundation begins their own exchange, they can freeze out the small investor until such time as there are so many orders that they actually need the small amount of coins which are held outside of the NIERS and the uro foundation. This could be years. or never. this is why we really need a fiat/uro exchange platform. cryptsy is already set up with a fiat platform, we need to ask them to add a Uro/fiat market. It would drive volume to their exchange, and make it easy for traditional investors to analyze the market without having to do BTC conversions. make it easy to broaden the base and bring in market cap. EVERYONE IN THE COMMUNITY SHOULD E-MAIL CRYPTSY, TWEET AT THEM AND IF YOU KNOW OF ANY OTHER CRYPTO EXCHANGES SET UP FOR FIAT TRADING, PLEASE SEND THEM THIS MESSAGE. copy and paste is fine. i think Atomic trade may be set up for fiat, i know they had planned to, but don't know if it ever happened. This si another way we as a community can support the success of URO.