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Author Topic: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer  (Read 247320 times)
cryptoboard
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July 02, 2014, 02:45:38 PM
 #1021

We, Crypto Board is a online platform dedicated to crypto currency and relevant news.


An IOS app will be released in a week time. We will include URO as part of our initial launch article on crypto board.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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July 02, 2014, 02:58:29 PM
 #1022

We, Crypto Board is a online platform dedicated to crypto currency and relevant news.


An IOS app will be released in a week time. We will include URO as part of our initial launch article on crypto board.



1st post and where's the link?
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July 02, 2014, 03:41:05 PM
 #1023

I think they just did, Green Earth created it and it is by their own terms because they wrote the protocol and got 3 other companies to accept it, i'm sure ideally they intend for more to sign on if they can show it will work. Is there an element of risk to it? Of course, this is an uncharted world but someone has to start somewhere.  I could ask the very same question though about Bitcoin, why would big companies or Wallstreet adopt it when they could make their own coin and not have to buy out all the neckbeard millionaires who own the majority of the BTC?

Any proof of this? Is there a press release some where? AFAIK the creator of this coin has absolutely no ties with anyone in the fertilizer industry. It's just another random guy on the bitcointalk forums. They're more likely to use BTC for all the tangible benefits of cryptos over a altcoin simply labeled what they sell.

You don't need to buy out someone to use a currency. Currency doesn't need to be worth a certain amount per coin for you to use it.

As far as brands go, where do you think it comes from? It just appears out of thin air? There are manufacturers/chemical companies that make the stuff, that's how it's made in the first place. Like there is an entire side of this coin you guys don't seem to get, which is everything that takes place on the side of real life and that's why it wont be happening. Joe the farmer earlier in the thread also pointed it out.

15Gh of ghost hash is back BTW.

Wrong.  Please do your research.

In order to ship 12500 tones of urea the OP's Foundation and NIER's will be.on the hook.for over 3 million dollars.  This is their everyday work. Read the first 10-20 pages of the ANN.

And if the Uro foundation members are looking at a ~3 million cost for the first load, the farmer suggests it would be wise to publicly announce investing say $250,000 in a mining farm to secure the network.



Asfar as I can tell the dev Bohan is trying to be as ethical as possible. Owning a mining farm is a conflict of interest.  If the price matches 1:1 the network hash rate will rival ltc 's.

I bought $6500 of Urea this spring. I find it rather unethical that the Uro foundation is promoting a cryptographic coin without a sustainable business model for miners, and leaving the purchasers of Uro AND THEIR SUPPLIERS open to a very large risk of 51% attack if they do not have some dedicated, transparent, and publicly announced mining capacity.

It would be quite easy to document a particular Urocoin address as the 'Urocoin foundation dedicated pool'

Knowing that the foundation (and it's members) actually invested in cryptocoin mining hardware would show me it's not a pump and dump. The only evidence I've seen so far is some nice screenshots and a lot of mercenary miners and speculators who will leave when the block reward goes to 0.6, and then anyone offering Urea for Uro will be at a huge risk for a double spend once all the miners leave.
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July 02, 2014, 03:51:01 PM
 #1024


I bought $6500 of Urea this spring. I find it rather unethical that the Uro foundation is promoting a cryptographic coin without a sustainable business model for miners, and leaving the purchasers of Uro AND THEIR SUPPLIERS open to a very large risk of 51% attack if they do not have some dedicated, transparent, and publicly announced mining capacity.

It would be quite easy to document a particular Urocoin address as the 'Urocoin foundation dedicated pool'

Knowing that the foundation (and it's members) actually invested in cryptocoin mining hardware would show me it's not a pump and dump. The only evidence I've seen so far is some nice screenshots and a lot of mercenary miners and speculators who will leave when the block reward goes to 0.6, and then anyone offering Urea for Uro will be at a huge risk for a double spend once all the miners leave.

Isn't this though like saying miners should have left Bitcoin when it hit a few hundred dollars a coin?

Don't kid yourself if this thing takes off and all coins are valued at one ton of metric urea you're going to see a gold rush of miners turning their machines on to URO. The only reason anyone mines anything is to chase profit and this would be a huge money maker.
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July 02, 2014, 04:53:25 PM
 #1025

4 btc buy order @ 210k and noone will sell into it I guess. We have a winner here.

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July 02, 2014, 04:53:59 PM
 #1026

seems good uptrend today.

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July 02, 2014, 04:58:54 PM
 #1027

Don't kid yourself if this thing takes off and all coins are valued at one ton of metric urea you're going to see a gold rush of miners turning their machines on to URO

I think this coin will take off soon Cheesy we will see 200$ per coin
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July 02, 2014, 06:25:43 PM
 #1028

HEY ! Cheesy i love you  urocoin to the moon
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July 02, 2014, 06:48:27 PM
 #1029

Don't kid yourself if this thing takes off and all coins are valued at one ton of metric urea you're going to see a gold rush of miners turning their machines on to URO

I think this coin will take off soon Cheesy we will see 200$ per coin

Well here is urea index price.

http://www.indexmundi.com/commodities/?commodity=urea

You must be kidding selling at that low price.
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July 02, 2014, 07:05:10 PM
 #1030

What usually effects the price of Urea? I know things are getting more hectic in the political sphere around the world and was curious whether tensions in the mideast and Europe are sending the price up. It could be in the short term a better investment than even Bitcoin.
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July 02, 2014, 08:28:14 PM
 #1031

M glad to be part of the UROCOIN revolution a few weeks back- the price is manipulated a lot as the orderbook is very thin.

M holding every single coin - dont want to risk selling it this low- in case it just shoots up now that 9th July the UROCOIN ratification comes into affect.

I saw on twitter some is going to place an order for 12500 mt of urea with them to see if its a real deal.

And if it is the real deal then the price will shoot up with all the hype and facts.

Either way- at least i can never baghold this coin Smiley)

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July 02, 2014, 08:42:01 PM
 #1032


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July 02, 2014, 11:09:07 PM
 #1033

Ok...am confused....can someone answer this question.

Is Greenearth connected to Impact Investigations as someone mentioned Impact Investigations previously.

What do the screenshots of the phones prove?

It was already  answered several times on on: June 12, 2014, 02:18:32 PM

can you repost the information here.
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July 02, 2014, 11:17:50 PM
 #1034

Does anybody know who the Director is of GES?
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July 02, 2014, 11:37:48 PM
 #1035

Look forward to 9 July URO Ratification, it is history in the making. 
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July 03, 2014, 01:09:40 AM
 #1036

Ok...am confused....can someone answer this question.

Is Greenearth connected to Impact Investigations as someone mentioned Impact Investigations previously.

What do the screenshots of the phones prove?

The wallet wil serve as the virtual uro exchange.
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July 03, 2014, 01:13:23 AM
 #1037

Ok...am confused....can someone answer this question.

Is Greenearth connected to Impact Investigations as someone mentioned Impact Investigations previously.

What do the screenshots of the phones prove?

The wallet wil serve as the virtual uro exchange.
True asset, consider setting a number of us up with a farmer ill gladly spend 25 URO. (If price is par that's significant) if enough of us pitch in to reach 12500. Donate it to a rural town/farmers in India. Once the uro arrives the press will make your FOB shipping costs worth it.
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July 03, 2014, 01:20:15 AM
 #1038

True asset, consider setting a number of us up with a farmer ill gladly spend 25 URO. (If price is par that's significant) if enough of us pitch in to reach 12500. Donate it to a rural town/farmers in India. Once the uro arrives the press will make your FOB shipping costs worth it.

or perhaps organise with a farmers co-op or such to accept a shipment.
i'll donate also Smiley



YEEE F*#KIN HA BIG RED TEXT !!!           

(\__/)    
(='.'=)   
(")_(")   










     BUMBA
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July 03, 2014, 01:26:23 AM
 #1039


I bought $6500 of Urea this spring. I find it rather unethical that the Uro foundation is promoting a cryptographic coin without a sustainable business model for miners, and leaving the purchasers of Uro AND THEIR SUPPLIERS open to a very large risk of 51% attack if they do not have some dedicated, transparent, and publicly announced mining capacity.

It would be quite easy to document a particular Urocoin address as the 'Urocoin foundation dedicated pool'

Knowing that the foundation (and it's members) actually invested in cryptocoin mining hardware would show me it's not a pump and dump. The only evidence I've seen so far is some nice screenshots and a lot of mercenary miners and speculators who will leave when the block reward goes to 0.6, and then anyone offering Urea for Uro will be at a huge risk for a double spend once all the miners leave.

assuming URO has hit some sort of parity with urea by that time. assuming about $300
what sort of difficulty/network hash will make mining the coin worthwhile for general miners ??



YEEE F*#KIN HA BIG RED TEXT !!!           

(\__/)    
(='.'=)   
(")_(")   










     BUMBA
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July 03, 2014, 01:33:53 AM
 #1040

True asset, consider setting a number of us up with a farmer ill gladly spend 25 URO. (If price is par that's significant) if enough of us pitch in to reach 12500. Donate it to a rural town/farmers in India. Once the uro arrives the press will make your FOB shipping costs worth it.

or perhaps organise with a farmers co-op or such to accept a shipment.
i'll donate also Smiley

Smiley a co-op would be perfect
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