|
Limited supply makes urocoin at the correct price around $300
It can only happen if everyone stops selling. HOLD HOLD HOLD
|
|
|
|
1million max coins - Minted Coins: 361,372 URO today
Importers are buying out the UROCOIN fast
international companies like GES will hold uro for at least 5yeas..
what happens with next 2months when all URO Coin is minited.
Max demand for Urocoin - Limited supply makes urocoin at the correct price around $300
I disagree. They're buying it out slowly, 50-100 coins at a time, at bargain basement prices. And has anyone even considered, if they are REALLY smart, that maybe they are MINING BITCOIN by contract or through their own equipment which would basically make the coins they buy with it FREE to them?? If they have access to a mainframe they can throw petaflops at the Bitcoin network with no problem. |
|
|
|
|
lowball buy orders all over cryptsy, but few sell orders, good job!
|
|
|
|
|
Still have doubts? Look at the order book- there are consistently orders for large amounts from 1-3 btc at 15% under current sell price. Can you see the pattern here in between the .01 btc hopefuls? I only looked at Bittrex, but I'd bet the other exchanges look the same.
|
|
|
|
|
Here's my last word. I've followed out several scenarios based upon available information.
Here is my chain of logic BASED UPON ALL OF THE INFORMATION AVAILABLE, BE IT TRUE OR FALSE.
WHY? tie the coin to urea, something most people have never even heard of?
Because you have a financial interest in that commodity, as a manufacturer, wholesaler, or retailer.
HOW? does this benefit you? (This was the toughest, and I may not be entirely correct here, but I'm certain that I'm close.)
By creating a network which allows you to bring your product to market faster and cheaper than your competitors. With Government contracts involved, this is a very heavy factor. You will wait some time for payment, but it is guaranteed by the full faith of the national treasury.
WHAT? is the process by which you attain that advantage? You create a system that allows you to avoid Government regulations which require involvement through several layers of Bureaucracy
WHERE? In a country with A. Great market demand OR B. Under-served or expanding markets. (India is still an agricultural economy and has the largest land area under cultivation in the world.) (Pakistan has tense relations with India, and is under-served due to this)
WHEN? The success of Bitcoin as an alternative to fiat currency and the massive influx of new cryptocoins make this the perfect time. There is ample proof if needed in a court of law to prove that cryptocoins are a viable payment method.
WHO? at this point, if the other questions have been answered- IT DOESN'T MATTER. You can be assured that whoever it is is playing their own angle and knows the game well.
STOP BEING A TOOL FOR THEM.
THEY WILL EXPLOIT YOUR GREED AND INSECURITY TO ADVANCE THEIR PROFITS. MAKE THEM PAY THEIR FAIR SHARE.
UROCOIN IS NOT A SCAM TO TAKE YOUR BITCOIN. IT IS A SMALL PART OF A MUCH LARGER SCHEME. GETTING THE COIN CHEAP IS ONLY A BONUS. STOP SELLING AND YOU'LL SEE. THEY ARE CREATING, STEP BY STEP, A MICRO-ECONOMY BASED ON THIS COIN, SPECIFIC TO THE INDUSTRY.
I'M TRYING TO UNIONIZE YOU AND GET YOU FAIR PAY HERE.
GIVE IT A TRY.
|
|
|
|
In India - the min. amount to import is 25,000MT UREA as stated by IPL. What the Importer RIVAA is doing is 100% correct and hence buying 25,000URO of the market for peanuts.
There was news on the IRC that Rivaa is buying again
It is also interesting that Rivaa brought Urocoin in small amounts and not just requested 25,000Urocoins on the buy. smart people.
It's not interesting, it's capitalism. buy low, sell high. we cannot know exactly what they are doing. If there is a scam here, it's perpetrated by those who are demanding proof in the form of letters and emails and interviews. Don't tell me about it- show me the money. If you want uro to equal one metric tonne per coin, then start paying at least close to that amount to buy them from the miners. I don't begrudge them a profit- that's how business works. There has to be a margin. If you want proof, make them pay market price. Simple. Once they gain control of enough coin to fulfill their contracts they don't have to buy any more, and it becomes worthless to anyone except them, can you understand this? STOP SELLING!!!! If a buy order for 25000 coins came on the market the price would jump to 300 usd per coin in 4 hours. |
|
|
|
In India - the min. amount to import is 25,000MT UREA as stated by IPL. What the Importer RIVAA is doing is 100% correct and hence buying 25,000URO of the market for peanuts.
There was news on the IRC that Rivaa is buying again
It is also interesting that Rivaa brought Urocoin in small amounts and not just requested 25,000Urocoins on the buy. smart people.
It's not interesting, it's capitalism. buy low, sell high. we cannot know exactly what they are doing. If there is a scam here, it's perpetrated by those who are demanding proof in the form of letters and emails and interviews. Don't tell me about it- show me the money. If you want uro to equal one metric tonne per coin, then start paying at least close to that amount to buy them from the miners. I don't begrudge them a profit- that's how business works. There has to be a margin. If you want proof, make them pay market price. Simple. Once they gain control of enough coin to fulfill their contracts they don't have to buy any more, and it becomes worthless to anyone except them, can you understand this? STOP SELLING!!!! |
|
|
|
|
Thanks for the support stormy!
|
|
|
|
Here's a simple experiment- stop selling it and see if the buy offers start going up. If they can get it cheap, they'll buy it cheap. If no one is selling they have to up the ante. Cancel all your sell orders, and see what offers begin coming out on the buy order side. Spread this to everyone you know. then we'll know if those corporations which need this for their plan are buying up the coin supply. CANCEL ALL SELL ORDERS, AND DON'T SELL EVEN IF IT GOES TO 2-3-4-10X CURRENT PRICE. IF THE OFFERS STEADILY RISE IT WILL BE A GOOD INDICATOR OF DEMAND FROM BUYERS OTHER THAN THE CRYPTOTRADERS, BUT CAN ONLY BE DONE IF THE COMMUNITY GETS INVOLVED.
Yup, if urea purchasers are smart they will be trying to accumulate it as cheap as possible. Which might also explain why they aren't rushing to provide publicity/validation of the Uro because then the price will shoot up. Trying to get the traders to drop this bone is like trying to get the American Congress to agree on something. If the traders will go play somewhere else, and the miners will hold for a few days, we will have proof that there is outside interest in this coin if the buy orders continue to stack up. And you'll make much more when you do sell. Time for talking is done, let's see some action. Lock down your wallets, or you really are making someone else rich. Like working for minimum wage. that's how business works. EXPLOITATION=PROFIT Been that way for centuries. |
|
|
|
|
Here's a simple experiment- stop selling it and see if the buy offers start going up. If they can get it cheap, they'll buy it cheap. If no one is selling they have to up the ante. Cancel all your sell orders, and see what offers begin coming out on the buy order side. Spread this to everyone you know. then we'll know if those corporations which need this for their plan are buying up the coin supply. CANCEL ALL SELL ORDERS, AND DON'T SELL EVEN IF IT GOES TO 2-3-4-10X CURRENT PRICE. IF THE OFFERS STEADILY RISE IT WILL BE A GOOD INDICATOR OF DEMAND FROM BUYERS OTHER THAN THE CRYPTOTRADERS, BUT CAN ONLY BE DONE IF THE COMMUNITY GETS INVOLVED.
|
|
|
|
|
Question for the scambusters....How, exactly, can anyone make money "scamming" on a coin with zero premine, with a hashrate so high that even the biggest pools take hours to find a block, with 12 coins per block, and collecting 12500 at a kick into the scam wallets, at 50,000 usd per each wallet, when the market price has already peaked hugely, and is now depressed? so you're saying the developer is paying out 50k at a flop to convince you to buy the coin at a slightly higher rate than it sells for now? The pump was caused by greedy traders who attempt to manipulate the market, most of the activity on the market is just traders pushing around coins to make pennies. so where and how does the dev make the big money? How many times does he have to spend 50k to fill a wallet for the so called fake order before he gets the payout?
|
|
|
|
There have been quite a few “Breakthrough” developments with URO (read the 1st page by Dev. Team.) It shows that Urocoin stands out in the world of Alt.coin.
The Question remains:
Do you buy Urocoin – when very little is known to the otside world, and we become the pioneers who came in First? or
Do you buy Urocoin – when the press is all over it, (from Max Keiser to newspapers) BTC is $650…when do you think it the correct time to buy?
URO = $329 Indian Gov. price as last sold to Rivaa Exports India
You see, your posts are starting to really unsettle me, you appear to have simply moved into the "just buy coins now before it's too late", mode of response without actually being willing to have a discussion related to some pretty important facets of what was asserted clashing with what is now being asserted. Nobody other than GES has released information about URO. There have not been any other mentions of it in trade journals or news outside of the crypto world. So all the reports we are getting that are claiming to be confirmation are, in fact, simply GES web-based announcements. Indian Potash did a deal with Rivaa for FIAT and, while Rivaa have apparently been willing to send an email to say that they will do a trade in URO, this would actually be them buying UREA with URO, meaning they get to agree to receive tons of UREA at a fraction of the equivalent FIAT price at this time, so there's little reason to question why they'd agree to it. Either way, there would be an immense amount of interest at trade-level for what is happening, yet there are not independent mentions of it anywhere. If you developed a method to gain a competetive advantage in your industry, would you broadcast it to your competitors? So they can copy it or manuever to block it? The 3 other NIERS are their competitors. Are they? or are they window dressing? Is there any evidence of any of these others having contracts with IPL? |
|
|
|
There have been quite a few “Breakthrough” developments with URO (read the 1st page by Dev. Team.) It shows that Urocoin stands out in the world of Alt.coin.
The Question remains:
Do you buy Urocoin – when very little is known to the otside world, and we become the pioneers who came in First? or
Do you buy Urocoin – when the press is all over it, (from Max Keiser to newspapers) BTC is $650…when do you think it the correct time to buy?
URO = $329 Indian Gov. price as last sold to Rivaa Exports India
You see, your posts are starting to really unsettle me, you appear to have simply moved into the "just buy coins now before it's too late", mode of response without actually being willing to have a discussion related to some pretty important facets of what was asserted clashing with what is now being asserted. Nobody other than GES has released information about URO. There have not been any other mentions of it in trade journals or news outside of the crypto world. So all the reports we are getting that are claiming to be confirmation are, in fact, simply GES web-based announcements. Indian Potash did a deal with Rivaa for FIAT and, while Rivaa have apparently been willing to send an email to say that they will do a trade in URO, this would actually be them buying UREA with URO, meaning they get to agree to receive tons of UREA at a fraction of the equivalent FIAT price at this time, so there's little reason to question why they'd agree to it. Either way, there would be an immense amount of interest at trade-level for what is happening, yet there are not independent mentions of it anywhere. If you developed a method to gain a competetive advantage in your industry, would you broadcast it to your competitors? So they can copy it or manuever to block it? to speculate further, is it possible that rivaa may have financed a urea production plant in china or elsewhere and are essentially selling their own product to themselves through a smokescreen? |
|
|
|
There have been quite a few “Breakthrough” developments with URO (read the 1st page by Dev. Team.) It shows that Urocoin stands out in the world of Alt.coin.
The Question remains:
Do you buy Urocoin – when very little is known to the otside world, and we become the pioneers who came in First? or
Do you buy Urocoin – when the press is all over it, (from Max Keiser to newspapers) BTC is $650…when do you think it the correct time to buy?
URO = $329 Indian Gov. price as last sold to Rivaa Exports India
You see, your posts are starting to really unsettle me, you appear to have simply moved into the "just buy coins now before it's too late", mode of response without actually being willing to have a discussion related to some pretty important facets of what was asserted clashing with what is now being asserted. Nobody other than GES has released information about URO. There have not been any other mentions of it in trade journals or news outside of the crypto world. So all the reports we are getting that are claiming to be confirmation are, in fact, simply GES web-based announcements. Indian Potash did a deal with Rivaa for FIAT and, while Rivaa have apparently been willing to send an email to say that they will do a trade in URO, this would actually be them buying UREA with URO, meaning they get to agree to receive tons of UREA at a fraction of the equivalent FIAT price at this time, so there's little reason to question why they'd agree to it. Either way, there would be an immense amount of interest at trade-level for what is happening, yet there are not independent mentions of it anywhere. If you developed a method to gain a competetive advantage in your industry, would you broadcast it to your competitors? So they can copy it or manuever to block it? |
|
|
|
Being familiar with margins, i'd venture an educated guess of 250-300 usd per coin depending on exchange rate for urea. There has to be some margin for profit. .4 btc would probably be market max.
250-300 usd for layman. I'd watch the market from .279 to.610 btc depending on spot urea price. .5 would be auto sell for me if I would sell at all. Figure a 20% discount of current market price of urea as a price guide for selling. |
|
|
|
|
Being familiar with margins, i'd venture an educated guess of 250-300 usd per coin depending on exchange rate for urea. There has to be some margin for profit. .4 btc would probably be market max.
|
|
|
|
Thank You! I never before considered how GOVERNMENT REGULATION OF THE MARKET IN INDIA might play into this. COMPETITIVE ADVANTAGE. This document is proof of nothing other than that the Indian Government protects their domestic market far better than does the American Government. We are small fish swimming in the big pond, and lucky to be here. This coin is not at all what you are used to. It is valuable to the companies selling the urea to the Indian Government. My only concern at this point , is if the companies can continually cycle the 25000 uro already in their system to avoid having to buy more on the market.( In other words, transfer it back and forth between companies like a juggler juggles balls.)
The market is too large to cycle 25,000 URO between a few hands. This coin was designed with just enough "coins" to accommodate the current market with a built in growth factor. ] I hope so. The only bright spot here is that other companies competing for those government contracts will have to buy uro at market vaue. |
|
|
|
OK HERE IS MY BOMBSHELL TO SHUT THIS SCAM UP INDEFINATELY: Here are the terms from India Potash Limited for dealing with them on buying UREA:  Shipment Terms : As per Annexure III. 9) Payment: a) Without prejudice to Buyer's right to recover the damages under terms of the Contract, payment less agency commission, if any, shall be made through an irrevocable, non transfer¬able divisible commercial letter of credit. The letter of credit shall be established for the full value of the shipment in favour of the Sellers on nomination and acceptance of vessel on receipt of P.G. Bond and shall be payable for 100% of the invoice value against presentation of the following documents: 1) Two of the three original negotiable copies of the clean ‘Bill of Lading’ in long form and three non-negotiable copies thereof showing “ TO ORDER/ MINISTRY OF CHEMICALS & FERTILIZERS” as consignee. Charter party Bills of Lading acceptable provided it bears an endorsement that all the terms and conditions of the relevant Charter Party are deemed to have been incorporated therein. 2) Three original and three copies of beneficiary's signed ‘COMMERCIAL INVOICE’ for 100% Shipment Value. The Commercial Invoice must also specify Contract No. & date, Origin of goods, Port of Loading, Bill of Lading No(s), Date of Sailing of Vessel. 3) One original and two copies of ‘Certificate of Origin’ duly issued either by the Local Chamber of Commerce or by Ministry of Trade/Industry/Commerce of the country of Origin of goods. Certificate of Origin issued by Manufacturer/ Supplier/Shipper/ Inspection Agency /Chamber of Commerce of third Country or any one else are not acceptable. 4) One Original + Two copies of ‘Certificate of Inspection’ issued by the Buyer’s inspecting agency showing results of analysis, method of analysis adopted and weight of the cargo shipped. The Certificate must certify that the goods conform to the contractual quality specifications. 5) One Original + Two copies of ‘Certificate of Quality’ issued by the Buyer’s inspecting agency showing results of analysis and method of analysis adopted. The Certificate must certify that the goods conform to the contractual quality specifications. 6) One Original + Two copies of ‘Certificate of Weight’ issued by the Buyer’s inspecting agency showing weight of the cargo shipped. 7) One Original + Two copies of Certificate from the seller, showing results of analysis, method of analysis, weight of the cargo shipped and certifying that the cargo conforms to the contractual quality specifications. This certificate should be countersigned by the Buyer’s inspecting agency. One Original + Two copies of Certificate from the seller confirming that the material supplied are correct as to quantity, rate, total value and the payment is due in accordance with the terms of the contract at the time of presentation. 9) Copy of the ‘Shipping Advice’ sent by the Sellers to Buyers, through Fax / E-mail within 48 hours of the sailing of the vessel giving details of shipment. the name of vessel, Bill of Lading No’s & date, Date of sailing, quantity shipped, Contract No & date, L/c No & date. 10)Certificate from the seller to the effect that the following documents have been dispatched by the seller to the buyer through an reputed courier or registered airmail within seven days of sailing of the vessel, along with Original Postal/Courier Receipt of such dispatch : - Two of the three original negotiable copies of the clean ‘Bill of Lading (s)’ in long form for full shipment quantity. - Two copies of beneficiary's signed ‘COMMERCIAL INVOICE’ for 100% Shipment Value. - Two copies of Certificate of Origin. 11) One Original + Two copies of ‘Stowage Plan’. Stowage Plan must be signed in ink by the Master of the vessel and must bear his seal. In case Stowage Plan is issued by Vessels Load Port Agents, original Letter of Authority issued by the Master of the vessel authorizing the issuance/signing of Stowage Plan by the Vessels Load Port Agents must be attached to such Stowage Plan. 12)One Original + two copies of Load Port ‘Draft Survey Report’, jointly signed by shippers agent, Vessel master/Agent and Buyer’s inspecting agency. 13) Original NOR (Notice of readiness) tendered at discharge port and received by IPL or its nominated agency (applicable in case of CNF Contracts with non-traditional suppliers only). The L/C shall be established only after receipt of PG Bond in the approved proforma, proof of stock, nomination and acceptance of vessel. The charges for establishing letter of credit and bank charges in the country of Buyers shall be to the Buyer's account. All bank charges in the sellers country shall be to the account of sellers. The letter of credit extension and amend¬ment charges will be to the account of the party responsible for occasioning the extension/amendment. 10. Proof of stock: Non-traditional Suppliers will be required to submit proof of stock attested by the Chamber of Commerce or Prime bank of the Country concerned through State Bank of India, New Delhi alongwith PG Bond at prescribed rates. PROVIDE THOSE DOCUMENTS AND I WILL SHUT UPThank You! I never before considered how GOVERNMENT REGULATION OF THE MARKET IN INDIA might play into this. COMPETITIVE ADVANTAGE. This document is proof of nothing other than that the Indian Government protects their domestic market far better than does the American Government. We are small fish swimming in the big pond, and lucky to be here. This coin is not at all what you are used to. It is valuable to the companies selling the urea to the Indian Government. My only concern at this point , is if the companies can continually cycle the 25000 uro already in their system to avoid having to buy more on the market.( In other words, transfer it back and forth between companies like a juggler juggles balls.) |
|
|
|
|
For me this is the last piece of the puzzle. I now know who the end user of this commodity is and how it will be distributed. They are selling the urea to the Indian government agency, who then resells it to the farmers. In order to protect their domestic urea production, India requires that the contracts be filled by an Indian company. An ESTABLISHED company, not just a start up made to circumvent the regulations. GES has access to cheap chinese-made urea from the many new plants they are bringing online. India has the largest amount of land under cultivation in the world. Rivaa is an established and respected company. They are using uro as a tool to bypass the government regulations. Once the uro is circulating within their network, it will not come back onto the market except for a token amount needed to legally prove it to be a decentralized medium of exchange, should their use of it be challenged in court. Ever hear of time is money? In this case, it is so true. This will allow them to have their ship in port and unloaded before the competitors have gotten through the layers of approval from 3 sets of government regulators. Their actions will probably result in new regulations eventually, but politics takes time and I'm guessing that rivaa has plenty of lobbying power on hand already. In the mean time it's worth many millions to them to deliver on these contracts. Any other company that wants to compete on even terms will have to buy uro on the open market at whatever price is asked. And the end users will probably get a little better price than they have been, so no lies here, they just didn't want to advertise finding a way to take advantage of government subsidies. I say again, it's brilliant. And perfectly legal, if not quite what I would consider ethical. The next few days might be the last chance to buy uro at any price. My advice- don't spend the rent money on it, but if you were planning on a new tv, might wanna wait a bit for that and grab some cheap uro while you can.
|
|
|
|
|
Show Posts
