How does a company with less than $500K of sales back trades of urea worth apparently $7.5 million? And they had shipments of leather and girls clothing about a year ago, which proves... um... what does it prove?
Best case I see for URO at this point is that it turns out you can buy 1 ton of urea with 1 URO... only to find that shipping of the urea will cost you $300 per ton and it's not part of the contract. LOL
But is this saying they do less than $500k sales as a company or just less than $500k with this particular bank? Big difference. I think though someone who was invited at the behest of the Fijian government probably does alot more than half a million in sales. |
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Dev explained why he came to bitcointalk on the google hangout- it's because miners are needed. no better place to find them.
Bingo. Miners are agnostic. A miner doesn't care whether he is a mining a scam coin or the next btc, either way they exist just to make a profit. You don't need much to convince them to mine something, and URO going on bittrex early was something of an unplanned occurrence. We are just FORTUNATE as lowly traders we have a chance to buy in this cheap, because at the end of the day we will eventually be ecliped by the big dogs. I just find it bizarre people beg and do tricks and rah rah a coin when an anonymous dev throws together a 9th grade level white paper that makes no sense yet people disregard the briefcase full of documentation for GES. |
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For the holders of the 12500 wallets to realize profit won't they eventually need to sell those coins? At the $300 price we keep hearing about that equates to over 6000 btc everyone will have to buy per 12500 deal. Doesn't seem possible.
I don't see why not, at $300 USD, a 12,500 order would be roughly $3.75 million. It's no skin off the back for a big company to come in and buy up $3.75 million in URO to trade for Urea to realize $300k in savings from bank and remitance fees and also speed up transactions. The problem is we are so stuck in little alt world where a coin trading for a nickel seems like a big thing to not notice the bigger picture of how this can effect day-to-day commerce on the international stage. Like it wasn't possible for 1 guy to buy all 29,000 silkroad btc?
+1 Only reason the Silk Coin auction was attractive to venture capitalists is just buying BTC through a buy order off bitfinex, bitstamp or wherever is someone pumping that much money into the market would possibly cause a bull run and they wanted in cheap. Honestly URO will be great for Bitcoin because it can bring in new big money and industries that might otherwise not looked into crypto. |
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As I have pointed out before, evidence of crappy web histories is not evidence of scam.
But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.
That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.
I think the issue is what is in it for Rivaa to tell the world? If anything they'd probably want to be quietly accumulating as evidenced by the 4 big fat 12,500 wallets and a few 10k wallets below that. Also you can't "make" a company give you documentation even if they are your partner. I remember some execs in my company was very resistant to one of our partners asking to see some of our finance books and we told them we don't give that out to just anyone as we are a private company. Anyway believe me I'd like to see it too, but I think we might be waiting for something that may never come. At the end of the day you have to take some leap off the cliff not knowing what is at the bottom as it is with any risky business investment and I think over the coming days if we see the supply dwindling and the wallets growing bigger that is proof enough something is up. |
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Teneria El Progreso, S.A. Freight Collect Clothing Big Girl Cherokee 100- Cotton Ss Ultimate Tee Target.Com Po No-5997251 Amc No- 01386243 Qtys- 534 Pcs BOL: APLU902117433 Quantity: 89 (pieces) 2013-08-31 Teneria El Progreso, S.A. Freight Collect Clothing Big Girl Cherokee 100- Cotton Ls Ultimate Tee. Target.Com Po No-5997281 Amc No- 01386255 Qtys- 864 Pcs BOL: APLU902117434 Quantity: 144 (pieces) 20 child clothers? wtf? I'm not a shipping expert but it might just be a courteousy and extra revenue opportunity to maximize space in some containers with some other products GES is usually not involved in. I don't know maybe someone can shed some light on this. |
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Ok, now that's looking a little more substantial.
How about something related to the shipment they say they are doing for Rivaa? Even a manifest would do.
I'd be curious to see what the 6 other entries in the report are, personally I though I have to say i've done so much research and stayed up so many late nights that so many people haven't wanted to do themselves for the last weeks, I'd prefer if some skeptics or other people committed to the project be willing to pay the 99 dollars to look at every shipping record on that site if they like. I think i've done more than enough (and will continue to do so but need some help here) |
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mike no offense but - you sound like a guy who put .1 btc in thinks he bought a lottery ticket.
many of us pro traders huge large amounts of capital and cant leave it tied up since march. march? are u kidding around here! thats an eternity.
Well if you're such a pro trader and can't wait around for your money to be tied up why are you still hung up on URO and haven't moved on to another coin thread to troll? |
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Third article is from March....a long time ago.
March, a LONG time ago  How long do you think it took Bitcoin or Litecoin to grow kid? Welcome to reality. You just proved yourself a weekly pump and dump king with no vested long-term interest in anything. |
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I have said this in the main forums also for a long time.
If one person or a group of persons can make a coin fail , even if it is Bitcoin , then that coin deserves to die.
Whatever I just proved though you are a liar. If you lie about something as basic as saying Mazacoin was "abandoned" then anything else you say has no credibility. Why should we keep listening to you with your sociopathic behavior? |
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And how did auroracoin turned out?
How did mazacoin?
They have been almost abandoned ,only crying bagholders left behind.
Of course this will happen with this one also.
Mazacoin has NOT been abandoned. As for AUR, well it was a valiant try but some people here like you exist only to ruin projects and make the dev lose faith and give up, you don't care about any "communities". |
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haha and you have credibility becuz you believe in uro aurocoin and mazacoin for their long term value? haha. this is just a pump and dump. i am a member of several large btc groups and this is just be traded on the dips to take newbs money. no one trading right now believes in uro at all.  And like some guy who puts a sexual position in his name and talks like a 14yo has anything meaningful to say either. |
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And how that turned out?
You can see the enthusiasm just like here , greed is making people turning into idiots sometimes.
I seem to remember you fudding Auroracoin and Mazacoin as scams even though the AUR dev came through with the airdrop and Payu Harris is STILL out there making the rounds in the media to try and make his vision work, what scam dev keeps travelling around giving interviews to save a dead 25 satoshi coin? http://www.argusleader.com/story/news/business-journal/2014/07/01/entrepreneurs-wade-bitcoin-world/11909093/Payu Harris hopes that his Oglala Lakota Nation in South Dakota adopts a cryptocurrency as its official currency, according to several media reports. Harris, a Native American activist, web developer and digital currency trader, is pushing for the tribe to adopt MazaCoin, a cryptocurrency that works similarly to Bitcoin.
"By having our own sovereign cryptocurrency, that helps build on a foundation to enhance the sovereignty we have –and just strengthen it for the future," Harris said in an interview with National Public Radio.You guys have a racket going on moving from project to project, FUDDing it, pump and dumping and moving on, you have absolutely no credibility. |
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okay devil. u r basing your investment decision based on 'hobnobbing?' Going down to do business with the president? Last time I checked you don't just get to walk up to a pseudo-military dictator on the beach and say, "Hey what's up, can I get a selfie!" |
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Ok devil's advocate, for everyone here wondering why there is no secondary press...
Tell me how is it this coin has pulled in MILLIONS in volume and been the talk of the crypto community for over a week now and it still hasn't even hit Coindesk, Max Kaiser or any other major Bitcoin news outlet?
If the big Bitcoin news world hasn't even been interested in touching it (at least not yet anyway) you think a REAL news agency cares about a small contract to install street lights in Cairo?
Also if GES is a small player or not real how is it Nilesh was able to go hob knob with the PM of Fiji?
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