I have pointed out quite a few pages ago that commercial invoices can ONLY be in FIAT.
Customs want a proof of the value of shipment on which to apply their duty taxes.
And it is even harder than this: usually (obligatory in my business) you need to have an international auditor inspecting the cargo to verify quality and value which needs to be verified to avoid any false declarations of value (over-priced to allow individuals to take out USD commissions or under-priced to avoid paying customs).
So any Urea Seller can only declare the proper USD value of the shipment. How the Seller collects payment is another matter. It can very well settle the payment in UROs and can even arrange for credit for as long as it wants.
With one minor detail: it will have to explain to the tax authorities where the difference between Commercial Invoice in USD and payment in URO has gone. Covering the loss between USD/URO is one thing, covering the tax man for millions of tax evasion is another (bad) thing.
Bottom line is that Invoices / Freight documents can NOT verify that any shipment is paid in URO (or any other coin for that matter) and that the seller has some VERY creative accounting to do.
Keeping an open mind and not being a know-it-all I leave a small probability that businessmen smarter than me have figured out brilliant, game-changer methods.
May be GES already figured this out?
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Update on Rivaa's first shipment paid with URO (please a couple of my very reasonable requests for active community participation): - "Port of Loading: Assaluyeh Port, Iran, as the shipment is on FOB basis the vessel is provided by IPL. Origin Of Goods, Iran"
- "The refinery of the urea is a trade secret. just like Sears/Kwikfit/Beaurepaires is not going to tell you which distributor they buy their tires from"
- "At this time, the urea is either being loaded into the vessel or has already left port"
- Further information regarding the shipment will be subject to this: https://bitcointalk.org/index.php?topic=684972.msg8321662#msg8321662
- Vote for #URO on https://hitbtc.com/ (please vote when logged in as it gives 10x votes)
- Leave a honest review at https://coinist.co/cryptocurrencies/uro
- I demand that everyone watches this video: Nuro Blackboard Series Part 3: Full Node to SPV to Cloud: Realization of Next Gen Internet Banking: https://www.youtube.com/watch?v=W90dWe7IRHI (failure to do so will result in complete excommunication)
How funny for a person who is trying to get people to pay money for his so-called Uro, which is supposed to be sure thing to say to people, " I demand that everyone watches this video" How NAZI like! Does he think that he 'owns' his supporters to the extent that he can act like a Hitler towards them?? Hope his followers aren't blindly following what he says! If they are then, help is needed for them! You have no argument, so you are invalid.
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Update on Rivaa's first shipment paid with URO (please a couple of my very reasonable requests for active community participation): - "Port of Loading: Assaluyeh Port, Iran, as the shipment is on FOB basis the vessel is provided by IPL. Origin Of Goods, Iran"
- "The refinery of the urea is a trade secret. just like Sears/Kwikfit/Beaurepaires is not going to tell you which distributor they buy their tires from"
- "At this time, the urea is either being loaded into the vessel or has already left port"
- Further information regarding the shipment will be subject to this: https://bitcointalk.org/index.php?topic=684972.msg8321662#msg8321662
- Vote for #URO on https://hitbtc.com/ (please vote when logged in as it gives 10x votes)
- Leave a honest review at https://coinist.co/cryptocurrencies/uro
- I demand that everyone watches this video: Nuro Blackboard Series Part 3: Full Node to SPV to Cloud: Realization of Next Gen Internet Banking: https://www.youtube.com/watch?v=W90dWe7IRHI (failure to do so will result in complete excommunication)
How funny for a person who is trying to get people to pay money for his so-called Uro, which is supposed to be sure thing to say to people, " I demand that everyone watches this video" How NAZI like! Does he think that he 'owns' his supporters to the extent that he can act like a Hitler towards them?? Hope his followers aren't blindly following what he says! If they are then, help is needed for them!
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Document from GES website shows exactly the document but you are not able to see if its URO or FIAT currency used. why? because URO is not used to buy UREA. edit. and I am sure they wont use the prypto scratch card here either.This document is created before the shipment. so how comes you did not see any other document so far? it's FIAT,you fucking idiot
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URO will never be pumped Not a whale with a right mind will SHARE half of our BTC wealth with you (URO Bag Holders), therefore there will never be any pump of URO by US.
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let me give you a HINT --why did I not FUD any other coin. Because so far I am not informed about Nilesh being behind any other coin. Because some of those scams are done within a day. Because there are too many coins to watch and I do have a job and life (believe it or not)...because I do not get paid for what I am doing...and most of all because you became my "bag holders" family. this is like watching a criminal minds knowing the ending. you can take your hint and put it in your ass as deep as you can, and after this satisfaction I recommend you to invite your imbecile crew into yours favorite unmoderated thread and leave as alone. or what? or I will find u with your ip and pee some urea in your shitty mouth lol
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let me give you a HINT --why did I not FUD any other coin. Because so far I am not informed about Nilesh being behind any other coin. Because some of those scams are done within a day. Because there are too many coins to watch and I do have a job and life (believe it or not)...because I do not get paid for what I am doing...and most of all because you became my "bag holders" family. this is like watching a criminal minds knowing the ending. you can take your hint and put it in your ass as deep as you can, and after this satisfaction I recommend you to invite your imbecile crew into yours favorite unmoderated thread and leave as alone.
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you can access bitcointalk but not github, shut the front door. i have bitcoin wallet on my phone also btw
no, i am serious. Forum is not a problem, twitter is not a problem, hotmail, yahoo..but the rest must be done when i get home right, well theres videos on youtube of it running. if you dont have android just wait til it comes out on windows or apple, it was submitted to those stores. then again im not sure why youd test it i mean, you dont hold uro do you? there you go, i can not even test it...unless you send me few of yours? pm your urocoin address. I would be happy to send you 0.1 to test with. Thank me later when you made $30 with it. wait until i get home...Bittrex blocked at work I thought fudding here is your primary work lol
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what do you want to hear? i know you want to hear we are paid fudders..but sorry, not one of is. We wrote the reason so many times, so if you care go and search for it (this is a new one..i got it from URO community..go and search for it..its all there..)
Paid FUD is just one of the possibilities. I've also listed insanity, competition, and personal grudge. Now why are you so obsessed with this coin and not any other. For example, ROOTCoin has a website with only a countdown to launch, it's 50% premine and IPO collected over 100BTC. It's planned to run in PoW mode for only 3 weeks after launch and then go full PoS. Looks very strange to me. Why aren't you there trying to "save people's hard earned money"? And it's just one example out of dozens. Yet, you're here, putting too much time into it to appear altruistic. Why are you just HERE and not anywhere else? because they are bunch of trolls and fudsters with no life, money and girlfriend lol
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Just an observation.
FACT: There are dozens of coins with 25%+ premine, IPOs, and nothing else to show for it. FACT: Most of those coins are scams and devs will disappear into the night once they sell IPO or dump premine. FACT: There isn't nearly as much FUD on those coins' forums as there is on URO.
QUESTION: What's the reason for obsession with this specific coin? Is it insanity, personal grudge, competition, or paid job? Perhaps, all of the above?
Bohan does not even have the buyers to run away. if he would try to sell all those coins, he would need you to buy it you didn't answer the question what do you want to hear? i know you want to hear we are paid fudders..but sorry, not one of is. We wrote the reason so many times, so if you care go and search for it (this is a new one..i got it from URO community..go and search for it..its all there..) no answers? Ok, gtfo
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Just an observation.
FACT: There are dozens of coins with 25%+ premine, IPOs, and nothing else to show for it. FACT: Most of those coins are scams and devs will disappear into the night once they sell IPO or dump premine. FACT: There isn't nearly as much FUD on those coins' forums as there is on URO.
QUESTION: What's the reason for obsession with this specific coin? Is it insanity, personal grudge, competition, or paid job? Perhaps, all of the above?
Bohan does not even have the buyers to run away. if he would try to sell all those coins, he would need you to buy it you didn't answer the question
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yeah great, why because Bohan hashtagged #intel_XDK... you are such kids, getting excited about little thing LOL I think, if you will hashtagg #intel_XDK they won't retweet your BS, dear Guglimugli
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Urea purchase is bilateral agreement, which can be published only with the permission of both parties! So if you want your proofs make a deal with GES and publish the details.
I don't even need documents. Customs records are public domain. How do you think I verified Rivaa's import/export history? All I would need is the name of the ship, port of entry and a date range so I don't have to slog through 5000 entries. I think this is a reasonable request. bump bump [/quote] Send your request to GES or Rivaa. What do you want to hear in this thread?
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@hobo: the ship doesnt have to be loaded for another 20+ days, stop fudding yourself. @mastermind: tell us in another 3-4full pages of thread again how you have zero money to invest, yet clog this up with questions people have been answering all the time, cool story bro lastly this: I call it "Join us" *disclaimer hobo is not really as cool as luke, especially not these days.
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Urea purchase is bilateral agreement, which can be published only with the permission of both parties! So if you want your proofs make a deal with GES and publish the details.
I don't even need documents. Customs records are public domain. How do you think I verified Rivaa's import/export history? All I would need is the name of the ship, port of entry and a date range so I don't have to slog through 5000 entries. I think this is a reasonable request. If you want to get results please stop fudding my call for action. [/quote] But maybe, it not in interests of GES or the buyer! why they have to provide this information, on a place of the buyer I wouldn't provide it to you
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The price would go up 10 fold because an arbitrage would exist, a buyer can take advantage of the price difference between the two markets (real and imaginary).
Arbitrages normally exist for a reason, there was a long running 20% arbitrage between MTgox and other bitcoin exchanges for example (reflecting bitcoin prices were higher because USD were effectively worth less on that exchange because of banking problems, causing people to buy up bitcoin to cash out!).
When the opportunity of a 99.5%+ arbitrage exists, within a multibillion dollar industry, for over a month, alarm bells should really ring to those that weren't dropped on their heads as young children, and less than 5 minutes of research should suffice to settle any doubt this is a scam.
Is it really so hard for people to get their heads around the fact that a new concept could be started for the sake of invention, and not for making money in the first place? That True-Asset in fact is an idealist that wants to make this world a better place? People like that actually do exist! Seriously, Nilesh Nair is a con man! He wants what is good for him while pretending he wants something good for others!! Wolf in sheeps clothing!>>>>Truthful is a FUDSTER! He wants what is good for him while pretending he wants something good for others!! Wolf in sheeps clothing! I see liars. Why don't you write your own thing instead of copying me!! Nilesh is a wolf in sheeps clothing. >>>"I see liars." LOL and i can see the future, can you believe me? . Your statements are proved by nothing, so why someone should listen to you?
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The price would go up 10 fold because an arbitrage would exist, a buyer can take advantage of the price difference between the two markets (real and imaginary).
Arbitrages normally exist for a reason, there was a long running 20% arbitrage between MTgox and other bitcoin exchanges for example (reflecting bitcoin prices were higher because USD were effectively worth less on that exchange because of banking problems, causing people to buy up bitcoin to cash out!).
When the opportunity of a 99.5%+ arbitrage exists, within a multibillion dollar industry, for over a month, alarm bells should really ring to those that weren't dropped on their heads as young children, and less than 5 minutes of research should suffice to settle any doubt this is a scam.
Is it really so hard for people to get their heads around the fact that a new concept could be started for the sake of invention, and not for making money in the first place? That True-Asset in fact is an idealist that wants to make this world a better place? People like that actually do exist! Seriously, Nilesh Nair is a con man! He wants what is good for him while pretending he wants something good for others!! Wolf in sheeps clothing!>>>>Truthful is a FUDSTER! He wants what is good for him while pretending he wants something good for others!! Wolf in sheeps clothing!
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You sound like another blind follower fueling my point.
LOL I do? Guess I am right to conclude that in fact you are here to FUD. My eyes are open to invention and creativity. And I think out of the box, I look for potential. That is what I see here. Bitcoin would not have existed if there would not have been early adopters. Lots of people said it was crazy and did not believe it could work. But see how that worked out. (Williams, a former commodities trading floor senior executive and Federal Reserve bank examiner, teaches finance at Boston University School of Management.) http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12#ixzz3AAtrhiJQ
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And this was Bohans last reply to me
true-asset Member ** Offline
Activity: 112
Uro: 1 URO = 1 metric tonne of Urea N46 fertilizer
View Profile WWW Personal Message (Offline) Trust: 0: -0 / +0(0) Re: GES Capability « Sent to: hobopete on: Today at 11:17:22 AM » Reply with quoteQuote ReplyReply Remove this messageDelete I have to say you lack of faith really hurts me to the core.
GES is a multibillion dollar company, and they have nothing to proof to you.
GES does business using many companies they own throughout the world, but none of this is going to be publicised, because they do not wish to publicise it.
There will never be "Proof of Shipment": this is nonsense. The deal is real, and was done.
If you have not faith, then just sell.
As people have said before, its going to be the commodities sector that will end up owning all the coins, because obviously you are all too short sighted and sceptical to understand the true scale of GES.
I tried to give the young people here a chance to get a piece of the pie - and it does not seem they care enough to want it.
If you want to now turn against me, then go for it.
5 years from now, you will look back and with embarrassing regret at the level of immaturity being displayed in this community.
All the statements in red are the 'emotionally' driven statements. Aimed at manipulating an investor. If you look up the 'tricks' a con man uses this is one of them. Fancy a Director of GES, namely Nilesh Nair sending this to someone who was just asking questions. Not a professional thing for any company director to do. Was Bohan Huang's level of maturity strong in his video? Didn't the supporters lash out at people who asked questions? Didn't the people who support Uro call people names and made racist comments. Giving young people a chance?? Is that Nilesh Nair's way of saying that young people are easier to con and it will be easier for him to fob them off when they lose their money?? The statements in black are false. GES is not a multi-billion dollar company. If it was, why is Nilesh Nair bankrupt? GES does not have companies around the world. The aggressive statement of saying they don't need to prove anything is a cover for the fact that they can't prove something that doesn't exist.
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how does that make the price go up more then ten-fold? how does that make the price go up more then ten-fold?how does that make the price go up more then ten-fold?how does that make the price go up more then ten-fold?how does that make the price go up more then ten-fold?
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