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

[AlfaONE]

REAL  DEAL - Game Set Match    

READ the Latest GES    

https://twitter.com/GESystemsgroup

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[buneko]

Haters gonna hate.

http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/

[uaivj]

Well, the real FUD will start now. It's always the same. Just remember DRK's rise, full of FUD.

I have coins I'm, long. so I'm not FUDing.  The issue I have is that you have a bunch of people on this board who have no idea how physical or derivatives trading of commodities takes place, and all that is involved; from clearing, to delivery, to warehousing, and insuring ect...  You have people acting like experts who have no reason to be giving advice or making any claims

You have a bunch of people making claims they that they want to be true.  The fact of the matter is unless "someone" explicitly backs the value of the URO to 1 tonne Urea  there is no way the marketplace will take it there by itself.  

People can jawbone all they want but until someone pegs its value it means nothing.  

[AlfaONE]

im repeatedly asking the dev to tell us the value of the deal, but he does not, why?

Well no company is obligated to disclose their balance sheet to speculators.

Its their choice if they want to then they will tell u wht the deal is worth

are you high, a company which seeks investors, is obligated to tell us, we create value for the coin. its our money. ofcourse dev hard work is involved but if we didn't buy, it would not be worth much

A document as disclose a couple of days ago the demonstrates GES's capability of handling $25M in just a single transaction:

[jpouza]

OMG , look at the price now: almost 0.04 BTC per coin.

Amazing! Hystorical moment for sure.

Congrats to this community to innovate.

Cheers

[Relaxedsense]

Keep up the good work!

[whymine]

Let's all (whatever FUD) bygone and focus on future plan for URO.

[hashvillepool]

You are welcome to use new Uro pool - MPOS, PPLNS, 1% fee.
uro.hashville. tk

[izkolayzoy]

wow   http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/

[AlfaONE]

REAL importers Banking URO DEAL
Full details

VERY REAL

http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/

MR. HARIKISHAN S. VIRMANI, MANAGING DIRECTOR, RIVAA EXPORTS LTD, INDIA (TIN NO: VAT 24222101285 DT. 01/07/2002, CST 24722101285DT. 14/06/2002)  “Today signing the “World First” URO transaction for the importation of UREA into India this month with Green Earth Systems Limited Hong Kong. Mr Virmani, in signing the “World First URO contract” on 4th July 2014 (contract number: GES04072014UREAINRVE), conveyed that while Urea is the essential fertilizer for Indian farming, the hurdles for many Indian importers is huge bank fees for transactions and lack of effective communication between local and international banks to expedite the transaction and acceptance of payment instruments. This could result in deals being lost and orders being cancelled, extending to the loss of IPL bonds. I see URO as a breakthrough for getting over the on-going transaction issues without delays: instead allowing us to focus energy on developing the business. I believe many importers are not far behind in adopting the use of URO in the coming weeks.”

Mr Nair also explained that, although RIVAA Exports was the first to sign the contract on this day, 3 other IPL suppliers also have obtained the URO contracts from Green Earth Systems Limited Hong Kong and now wait for their IPL orders to be confirmed in the next few days, before submission. URO is simple and saves huge amounts of banking fees and time, there is absolutely no reason why any importer would not use URO as an Alternative Payment Method for UREA.

Currently URO can be purchased, at International Market Rates from bittrex.com  and mintpal.com (alternative currency trading platforms). For full details contact hk@gescommodity.com

[jpouza]

There is No exporter backing URO coin nor accepting it as a payment method go ahead contact them they only accepting FIAT money, when are people going to realise this is a elaborated scam on a grand scale? There has already been a massive dumping a few hours ago.

The people wanting you to buy this coin, just want your buy support so they dump their coins on you. The graph speaks for itself
The guy behind URO coin is not even a developer and use a coin clone service. Go ahead ask him. You getting sold dreams with uro coins .  

Jesus, stop posting this shit.

Giant Scam or not, just do the math:

If I had bought 2000 URO 36k satoshi per coin = 0.72 BTC invested

Sell 2000 x 0.03 = 60 BTC

Profit: 59.28 BTC * US$613 = 36,338  

Good enough for me.

[AlfaONE]

yip, thanks Uro, you don`t know how much this helps us farmers out and I hope it reaches other farmers in need to.

[Relaxedsense]

[/quote]

Jesus, stop posting this shit.

Giant Scam or not, just do the math:

If I had bought 2000 URO 36k satoshi per coin = 0.72 BTC invested

Sell 2000 x 0.03 = 60 BTC

Profit: 59.28 BTC * US$613 = 36,338  

Good enough for me.
[/quote]

Can we please not quote FUD content, thanks.

[true-asset]

GES makes history as world's first merchant to accept cryptocurrency for payment of an entire commodity shipment:

http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/

[bitcoinwonders010]

Everyone: Remember never to FUD on other communities and projects. They do not deserve to be attacked in the same cowardly ways the we have been and most likely continued to be.

dev can you tell us the value of the transaction

1 Uro = 1 metric tonne of Urea.

dev if you can just explain this for me. you say 1 uro = 1 metric tonne of urea worth $300

1 uro can only be worth that much if you have 1,000, 000 tonne of urea.

ok say you bought 12500 tonnes of urea for 12500 coins. that would mean you only of have 12500 tonnes of urea but you have currenty 322000 coins. so every coin mined you need a tonne of urea. as urea cost $300 and your coin is currently $20 so how can it be worth a metric tonne. if your implying you bought 12500  tonnes and because of that we should consider you having, 1,000,000 tonnes for your total coins then wouldn't that just be wrong. thats like me creating gold coin with max total of 1million coins. and saying 1 coin is worth 1 gold bar but i only have 100 gold bars, and do not have the gold bars to fulfill the remaining coins.

[suppersz]

I want to convince my boss to do the same thing,too simple to make money

[uaivj]

If this is for real it will be in the WSJ and on Bloomberg and CNBC.

[sadface]

Everyone: Remember never to FUD on other communities and projects. They do not deserve to be attacked in the same cowardly ways the we have been and most likely continued to be.

dev can you tell us the value of the transaction

1 Uro = 1 metric tonne of Urea.

dev if you can just explain this for me. you say 1 uro = 1 metric tonne of urea worth $300

1 uro can only be worth that much if you have 1,000, 000 tonne of urea.

ok say you bought 12500 tonnes of urea for 12500 coins. that would mean you only of have 12500 tonnes of urea but you have currenty 322000 coins. so every coin mined you need a tonne of urea. as urea cost $300 and your coin is currently $20 so how can it be worth a metric tonne. if your implying you bought 12500  tonnes and because of that we should consider you having, 1,000,000 tonnes for your total coins then wouldn't that just be wrong. thats like me creating gold coin with max total of 1million coins. and saying 1 coin is worth 1 gold bar but i only have 100 gold bars, and do not have the gold bars to fulfill the remaining coins.

if you have a supplier that gives you one metric tonne for 1 uro then 1 uro is worth one metric tonne (at that certain supplier ONLY). the supplier is at a loss at the moment.
this is the deal they made and till any shipment arrives you can make your mind up if you want to believe it or not.

now stop asking the same question over and over and over.

[Splatters]

who is out from the URO "scam" please stay out from this 3d!

[marquix]

Confirmed by a tweet. Awesome!

People, buy now! This is real. GES CEO is a philanthropist. They are willing to buy $200 to $300 Urea to sell to you for 1 uro.

To the mooooooooooooooooon!!!!!

I bought at .05 btc, now the price is .025 btc. Come on, thanks for the cheap coins!


DYOR Read my back posts.

Lol why lie, you have been fudding from the start, if you bought when you stated your fud, i am sure you would have been up atleast 5x lol

you wrote you bought at .05btc and price is now .025btc... you lost money or am i missing something here?

wow, you guys really don't get it. That which MinerP posted there was irony, in case you really needed that explanation. Are you all like not able to read and understand?? Then maybe I better stop wasting my time looking for any useable answers on that Urocoin thing here, the "official" and "great" source for information on that...

Ouch.