[ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer

[kalisto]

If you check their website GES still sells security systems. Hows diversity a scam?

He is either trying to spread fud to buy at lower prices or he does not understand what the coin is about. I too am wondering how can diversification be considered as scam. They are into many businesses.

Yup, our friend scambust only shows some background info, no signs of a scam.
It only shows the people behind URO are real persons.

Check for yourself how other people think about this company:
http://www.truelocal.com.au/business/green-earth-systems/rydalmere#reviews

[1714149835]

1714149835

[Changeispermanent]

the real buying price was at 9k but then he started doing this to push it

On what basis did you get to the price of 9k??. And yeah, thank you so much for registering only to tell that the price is being manipulated on bittrex.

[neutraLTC]

have suppliers agreed to the terms in the URO Protocol contract?

[Crypto_Enthusiast]

Scambust was also on MANY other decent coin threads spreading his bullshit, look through his post history. Ignore that punk.

[Changeispermanent]

have suppliers agreed to the terms in the URO Protocol contract?

Board members are suppliers/NIERs

[neutraLTC]

have suppliers agreed to the terms in the URO Protocol contract?

Board members are suppliers/NIERs

so the protocol here : http://128.199.204.45/UroProtocol.pdf

has been accepted and is already under way?

is there something I might be missing?

[wasobot]

Warning: Commodities Scammers may have invaded Crypto!

Before I decide to invest, I usually do extensive background checking and this takes a lot of time and effort. It pisses me off when I see a lot of red flags and I feel I wasted my time researching. That's why I share info for your guidance. At least, my wasted effort may help you.

An article dated 2003:
http://greenearthsystems.com.au/green-earth-systems-joins-with-ltg-to-become-one-of-6-major-importers-of-commodity-libya/

In 2008, Green Earth Systems were known as a CCTV seller:
https://web.archive.org/web/20081109034751/http://www.greenearthsystems.com.au/

https://web.archive.org/web/20091024025014/http://www.greenearthsystems.com.au/profile.html

Some reviews of buyers of CCTV systems:
http://www.truelocal.com.au/business/green-earth-systems/rydalmere

Nilesh Nair LinkedIn
http://au.linkedin.com/pub/nilesh-nair/40/6aa/554

Green Earth Systems also distribute pollution control systems in India:
http://chennai.yellowpages.co.in/green-earth-systems-pvt-ltd/choolaimedu/listing/67351718959

Dr. Vinny Pillay maybe more experienced as a cosmetic surgeon than a commodities broker:
https://web.archive.org/web/20130422123456/http://www.gescommodity.com/pages-L2/gessouthafrica.html

See pic on the wall:
https://web.archive.org/web/20131216174423/http://www.gescommodity.com/images/Adhir.JPG

Stephen Lo of Crown Team Corporation Limited:
https://twitter.com/jackfru1t/status/476566316472487936

is associated with money launderers:
http://www.thewhistleblowers.org/?p=32170

Wasted work hours studying this URO piss!


All three members of the board are very questionable: http://uro.io/

Maybe I would buy Uro coin if it was CCTVcoin and it was pegged to their CCTV products.

1.- Diversifying is not wrong, and by the way CCTV has good reviews, also expanding horizons and trying to expand a company is not wrong.
2.- Stephenson & Lo is the Law firm which REGISTERED the company!, not the owner, you gotta read the document right, and its not abnormal that lawyers are involved in money laundering, fuck that is why you hire them most of the time lol.
3.- Dr Pillay also has a company, big deal, im in informatics and also have an importing exporting company.

don't see anything wrong with your research, and if you did good research you would be pulling other documents.

[Crypto_Enthusiast]

^^ Don't even give Scambust the time of day, I have seen him come into many coin threads and spread shit. ^^

[zangokoon]

Wow, it seems a really big project, but i'm in total doubt that they can reach it, even if not a scam.
However, let's have a 10 times pump!!!

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[bitbd83]

If they successfully implement/reach their goal time to time then it will be a gold. I bought a little for long term. Who knows, what will happens? But their profile seems legit & strong.
BTW multiple corporations are involving in this project !!!

[Soul_eater_123]

If you check their website GES still sells security systems. Hows diversity a scam?

He is either trying to spread fud to buy at lower prices or he does not understand what the coin is about. I too am wondering how can diversification be considered as scam. They are into many businesses.

Go ahead and buy now! I have given you links TO DO YOUR OWN RESEARCH. The risks are too much for me, like I said too many red flags.

Yes I would agree.  May not be a scam but too many questions unanswered.  Also calling it URO show a lack of marketing nous.

[solid12345]

Also calling it URO show a lack of marketing nous.

Silk Coin had great marketing, and it was a fraud. The bland and to-the-point nature of this project actually boosts my confidence, this is not a product but a financial instrument and in the real world finance isn't sexy.

[AlfaONE]

Also calling it URO show a lack of marketing nous.

Silk Coin had great marketing, and it was a fraud. The bland and to-the-point nature of this project actually boosts my confidence, this is not a product but a financial instrument and in the real world finance isn't sexy.

Yes  I agree - URO getting straight to the point..

[Soul_eater_123]

Yeah guys you might be right.  It might just be business people not being too hot on the superficial side of things.  I just think it makes sense to ask questions and be suspicious.  We all need a bit more of that in crypto.  I would never have thought that SC was a scam.

[hozer]

Also calling it URO show a lack of marketing nous.

Silk Coin had great marketing, and it was a fraud. The bland and to-the-point nature of this project actually boosts my confidence, this is not a product but a financial instrument and in the real world finance isn't sexy.

The biggest problem with URO is that it's basically handing all the block rewards over to a couple of anonymous miners with between 500 and 1000 graphics cards each. I was running about 10 Mhash (4 7970's) overnight on p2pool, which has a pool rate of 80 Mhash, and not a single block has been found. This seems like exactly the same thing as what I'd seen going on with Catcoin (and probably most other smaller altcoins).

These anonymous miners are completely destroying the market value of URO because us farmers who **actually buy Urea** do not have a clue who they are. I have absolutely zero confidence in a blockchain that costs something like 5 or 10% of the value of Urea being traded when that cost goes to undisclosed mining farms that 95% attack the network whenever the price starts going towards $1.

But it is, however a very interesting toy that right now I might speculate on with a reasonable price of say $0.50 each. If the Uro foundation wants to pay miners too much, that's fine with me, but before this is going to be a serious asset-backed currency, the centralized fertilizer production backers of this coin have some explaining to do on why they think centralized mining is a good idea, and how they are going to insure farmers if a big miner halts trading or double-spends. I have not seen evidence the backers of this coin actually understand how much the mining overhead is going to cost them right now.

If the foundation and the fertilizer manufacturers actually want a distributed mining capacity, I have some software changes we can try, but if I'm going to fix someone's software and they are going to profit from it, I expect to get paid a retainer, by physical delivery of Urea first.

[scambust]

Warning: Commodities Scammers may have invaded Crypto!

Before I decide to invest, I usually do extensive background checking and this takes a lot of time and effort. It pisses me off when I see a lot of red flags and I feel I wasted my time researching. That's why I share info for your guidance. At least, my wasted effort may help you.

An article dated 2003:
http://greenearthsystems.com.au/green-earth-systems-joins-with-ltg-to-become-one-of-6-major-importers-of-commodity-libya/

In 2008, Green Earth Systems were known as a CCTV seller:
https://web.archive.org/web/20081109034751/http://www.greenearthsystems.com.au/

https://web.archive.org/web/20091024025014/http://www.greenearthsystems.com.au/profile.html

Some reviews of buyers of CCTV systems:
http://www.truelocal.com.au/business/green-earth-systems/rydalmere

Nilesh Nair LinkedIn
http://au.linkedin.com/pub/nilesh-nair/40/6aa/554

Green Earth Systems also distribute pollution control systems in India:
http://chennai.yellowpages.co.in/green-earth-systems-pvt-ltd/choolaimedu/listing/67351718959

Dr. Vinny Pillay maybe more experienced as a cosmetic surgeon than a commodities broker:
https://web.archive.org/web/20130422123456/http://www.gescommodity.com/pages-L2/gessouthafrica.html

See pic on the wall:
https://web.archive.org/web/20131216174423/http://www.gescommodity.com/images/Adhir.JPG

Stephen Lo of Crown Team Corporation Limited:
https://twitter.com/jackfru1t/status/476566316472487936

is associated with money launderers:
http://www.thewhistleblowers.org/?p=32170

Wasted work hours studying this URO piss!


All three members of the board are very questionable: http://uro.io/

Maybe I would buy Uro coin if it was CCTVcoin and it was pegged to their CCTV products.

If Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, the world's largest fertiliser cooperative federation based in India, signs on to this so-called Uro Protocol, go panic buy.
http://125.19.12.214/ifc/web.nsf/vwMain/6AE77307B7A0EC68652577BA00237023

[jdebunt]

I just did an article on URO, mentioning most of what is said in the ANN, and added the two documents I received today.

http://www.cryptoarticles.com/crypto-news/uro-a-real-long-term-cryptocurrency-backed-by-urea-fertilizer

I really wish I understood more of the subject, but I hope this article will at least bring a bit more attention to URO.

[traumschiff]

I just did an article on URO, mentioning most of what is said in the ANN, and added the two documents I received today.

http://www.cryptoarticles.com/crypto-news/uro-a-real-long-term-cryptocurrency-backed-by-urea-fertilizer

I really wish I understood more of the subject, but I hope this article will at least bring a bit more attention to URO.

Good job tho, keep up with the nice articles!

[resort]

I just did an article on URO, mentioning most of what is said in the ANN, and added the two documents I received today.

http://www.cryptoarticles.com/crypto-news/uro-a-real-long-term-cryptocurrency-backed-by-urea-fertilizer

I really wish I understood more of the subject, but I hope this article will at least bring a bit more attention to URO.

Why do your articles came up after some coin gets to a high price and volume ? Where do we find more sorted out info on coins that should get in the focus before they reach their highest price and volume ? Except 1000+ ann topics on this forum of course...