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

[whymine]

Nice One.

http://uroexplorer.cryptocuttlefish.cc/tx/c8dd55528c8453e317b75b7631849229b7184ca0cc3c960807ef4e6ea20239a7

12,500 URO just entered a wallet

This looks like the first URO purchase ever. 1URO = $300

log on to IRC

[numbertech]

My wallet address not in the rich list. .

Network Difficulty/Hashrate Charts:

http://data.mycryptoco.in/#Uro
http://liteshack.com/?coin=uro
http://bitinfocharts.com/comparison/hashrate-uro.html

Rich List

http://www.cryptocuttlefish.cc/uro_rich_list.php

Uro in the Press

CoinDesk: http://www.coindesk.com/things-alt-dogecoin-wedding-ire-isracoin-crypto-commodities-go-wild/
CryptoArticles: http://www.cryptoarticles.com/crypto-news/uro-a-real-long-term-cryptocurrency-backed-by-urea-fertilizer
X-Labs: http://www.xlabstudio.com/analysis.html
CoinSource: http://www.coinssource.com/crypto-coins/uro/

The Uro Foundation (uro.io) Email: foundation@uro.io

At least the Dev. is real and with real people. ... so far so good

[jasemoney]

could be hype or manipulation, im sure the owner of that address wont be kiss and telling anytime soon

[numbertech]

I'm can almost certain majority of whale don't have so much URO on hand but in time they may accumulate that amount.

12,500 URO just entered a wallet

This looks like the first URO purchase ever. 1URO = $300

log on to IRC

Wouldn't it be possible for somebody (a whale perhaps?) to just send their own coin to another one of their wallets so it would create a buying frenzy and inflate the price before they dump? Really not trying to fud I am very curious if somebody could be trying to manipulate the market based on all of the hype.

[numbertech]

This one of the interesting alt coin after LTC/DRK. Waiting for CNN to report this.

[pineapples]

hahah nice poll

[ShibecoinSucks]

Why would anyone use this coin to make their UREA transactions and not use an established coin like Bitcoin?

I think this is just a well orchestrated scam....a lot of people could have made money, and i wish i had bought in last week......but i think alot of people are going to lose hard when this coin drops.

[FoeRest]

12,500 URO just entered a wallet

This looks like the first URO purchase ever. 1URO = $300

log on to IRC

that does not mean others do not have 12,500 uros in multiple wallets to protect themselves 

[Coinasaur]

so Ive got 1URO. where do I go to get my metric tonne of fertilizer?

[scambust]

Just to add to the conversation, alot of FUD has been thrown around about the look of GES or Urea Trading India's website, well to show just how silly this is, look up some Urea suppliers on Ali Baba

http://india.alibaba.com/country/suppliers_india-urea-trading.html

The number of Urea distributors on this list is just massive, and this is just in India! Now tell me how many of these companies on this list you think even have a website and if they do, how modern and slick do you think they are?

Also if you type in Urea on Linkedin, you will find tons of people swapping email addresses looking for someone to buy Urea off of. Now you tell me URO wouldn't be useful in these person-to-person deals where people trust one another to do business by email?

I think so many people here are clueless how the non-Western world operates, people in developing countries, they don't give a damn if you don't have a Pinterest page, or a twitter site, or 100k friends on a Facebook page, or whatever other frivolous things that 1st worlders love that btctalk teenagers think one needs to prove you are a real company. Most of these companies do their daily business by telephone correspondence, their customers are usually loyal and do repeat business every growing season, trying to say a company is not real because they have no website or it is poorly constructed is pure BS.

In the world of commodity trading, GES is probably on a 1st tier level just to even have a web presence period. I think they are very forward thinking to recognize the future of crypto technology, just like African nations are embracing the mobile money and commerce future before the West, they have the luxury of using the latest technology to solve problems that the West is stuck behind due to decades of infrastructure that is difficult to replace overnight.

Nice link. Maybe you could request the URO Foundation to accept 100-metric-ton shipments just like this  
http://www.alibaba.com/product-detail/Urea-Fertilizer-prilled_148871276.html

Instead of a whopping 12,500 metric ton order which is impossible to fill now.  With 100-metric-ton orders, that's 100 Uros, right? Shipments can start immediately. Or another excuse from them?

[numbertech]

Urea importer should take advantage of low price of URO to purchase more urea immediately.  No matter URO = $300 or not, Urea importer already can resale Urea to third party than immediately profit from it without even worrying the price of URO.

12500 URO at $4 per URO = US$ 50,000.

12500MT Urea at $280 per Urea (current market value) = US$ 3,500,000.

Total Profit = US$ 3,450,000 (3,500,000 - 50,000).

[mistersushi]

Just to add to the conversation, alot of FUD has been thrown around about the look of GES or Urea Trading India's website, well to show just how silly this is, look up some Urea suppliers on Ali Baba

http://india.alibaba.com/country/suppliers_india-urea-trading.html

The number of Urea distributors on this list is just massive, and this is just in India! Now tell me how many of these companies on this list you think even have a website and if they do, how modern and slick do you think they are?

Also if you type in Urea on Linkedin, you will find tons of people swapping email addresses looking for someone to buy Urea off of. Now you tell me URO wouldn't be useful in these person-to-person deals where people trust one another to do business by email?

I think so many people here are clueless how the non-Western world operates, people in developing countries, they don't give a damn if you don't have a Pinterest page, or a twitter site, or 100k friends on a Facebook page, or whatever other frivolous things that 1st worlders love that btctalk teenagers think one needs to prove you are a real company. Most of these companies do their daily business by telephone correspondence, their customers are usually loyal and do repeat business every growing season, trying to say a company is not real because they have no website or it is poorly constructed is pure BS.

In the world of commodity trading, GES is probably on a 1st tier level just to even have a web presence period. I think they are very forward thinking to recognize the future of crypto technology, just like African nations are embracing the mobile money and commerce future before the West, they have the luxury of using the latest technology to solve problems that the West is stuck behind due to decades of infrastructure that is difficult to replace overnight.

Nice link. Maybe you could request the URO Foundation to accept 100-metric-ton shipments just like this  
http://www.alibaba.com/product-detail/Urea-Fertilizer-prilled_148871276.html

Instead of a whopping 12,500 metric ton order which is impossible to fill now.  With 100-metric-ton orders, that's 100 Uros, right? Shipments can start immediately. Or another excuse from them?

There's an old saying, Better to keep quiet and be thought a fool, than to open your mouth and remove all doubt.

You don't understand business or economics, do you?  The more you post the more obvious it is you're either a troll or have an IQ no higher than ~80.

[corather]

Why would anyone use this coin to make their UREA transactions and not use an established coin like Bitcoin?

I think this is just a well orchestrated scam....a lot of people could have made money, and i wish i had bought in last week......but i think alot of people are going to lose hard when this coin drops.

Bitcoin is backed by FUD. If you were controlling billions of dollars in assets, would you trust in FUD?

By creating their own blockchain, they get to control the supply of coins ultimately.

[scambust]

Urea importer should take advantage of low price of URO to purchase more urea immediately.  No matter URO = $300 or not, Urea importer already can resale Urea to third party than immediately profit from it without even worrying the price of URO.

12500 URO at $4 per URO = US$ 50,000.

12500MT Urea at $280 per Urea (current market value) = US$ 3,500,000.

Total Profit = US$ 3,450,000 (3,500,000 - 50,000).

If the URO foundation ships 12,500MT to you right now, you'll be paying them US$50,000

According to this page
http://www.alibaba.com/product-detail/Urea-Fertilizer-prilled_148871276.html

The price range per MT is $200 -500. So assuming, the foundation can get Urea for $100, that's $1.25 million they need to pay farmers and sell to you for $50,000.

The foundation is generous! God bless them. More power to you.

[mikelitoris]

Lol dev will be delivering yer metric tonne of fertilizer to ur front door

[corather]

Urea importer should take advantage of low price of URO to purchase more urea immediately.  No matter URO = $300 or not, Urea importer already can resale Urea to third party than immediately profit from it without even worrying the price of URO.

12500 URO at $4 per URO = US$ 50,000.

12500MT Urea at $280 per Urea (current market value) = US$ 3,500,000.

Total Profit = US$ 3,450,000 (3,500,000 - 50,000).

If the URO foundation ships 12,500MT to you right now, you'll be paying them US$50,000

According to this page
http://www.alibaba.com/product-detail/Urea-Fertilizer-prilled_148871276.html

The price range per MT is $200 -500. So assuming, the foundation can get Urea for $100, that's $1.25 million they need to pay farmers and sell to you for $50,000.

The foundation is generous! God bless them. More power to you.

Mental Midget Challenge!

No, you'll be paying them 12,500 URO.

As they accumulate URO the public supply goes down, what happens next?

[mistersushi]

Here we go!

https://twitter.com/GESystemsgroup

[jasemoney]

Just to add to the conversation, alot of FUD has been thrown around about the look of GES or Urea Trading India's website, well to show just how silly this is, look up some Urea suppliers on Ali Baba

http://india.alibaba.com/country/suppliers_india-urea-trading.html

The number of Urea distributors on this list is just massive, and this is just in India! Now tell me how many of these companies on this list you think even have a website and if they do, how modern and slick do you think they are?

Also if you type in Urea on Linkedin, you will find tons of people swapping email addresses looking for someone to buy Urea off of. Now you tell me URO wouldn't be useful in these person-to-person deals where people trust one another to do business by email?

I think so many people here are clueless how the non-Western world operates, people in developing countries, they don't give a damn if you don't have a Pinterest page, or a twitter site, or 100k friends on a Facebook page, or whatever other frivolous things that 1st worlders love that btctalk teenagers think one needs to prove you are a real company. Most of these companies do their daily business by telephone correspondence, their customers are usually loyal and do repeat business every growing season, trying to say a company is not real because they have no website or it is poorly constructed is pure BS.

In the world of commodity trading, GES is probably on a 1st tier level just to even have a web presence period. I think they are very forward thinking to recognize the future of crypto technology, just like African nations are embracing the mobile money and commerce future before the West, they have the luxury of using the latest technology to solve problems that the West is stuck behind due to decades of infrastructure that is difficult to replace overnight.

Nice link. Maybe you could request the URO Foundation to accept 100-metric-ton shipments just like this  
http://www.alibaba.com/product-detail/Urea-Fertilizer-prilled_148871276.html

Instead of a whopping 12,500 metric ton order which is impossible to fill now.  With 100-metric-ton orders, that's 100 Uros, right? Shipments can start immediately. Or another excuse from them?

the excuse for this is that these national import/exporters deal in ships.  the protocol calls for FOB.  the smallest ship they normally use can be filled with 12,500 metric tons...

on the latest post of yours if you pay them what you bought for 50k USD doesnt mean if they have to cash it out instantly at the same price.  if its proven to be real then the price will rise and they can dump when they want.  also i doubt they pay 300usd per metric ton. and they arent paying anyone for the urea except the manufacturer to get it to them and then onto your boat. from there the buyer deals with it

[AlfaONE]

https://twitter.com/GESystemsgroup

1URO = $300  as traded by GES

[mistersushi]

This deserves another post:

https://twitter.com/GESystemsgroup