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

[majeis]

I realy wont to buy a ship with urea and hope the price go more down to get 12500uro more cheap

Well, don't worry about it, man. Obviously this is a totally legitimate enterprise.

Let's do some math.

http://www.yrc.com/shippers/ocean-container-specifications.html

A typical 45-foot ocean shipping container will carry a payload of about 20000 kg.

You need 12500 URO to secure a shipment of 12500 metric tonnes of urea.

12500 metric tonnes is 12500000 kg.

12500000 kg / 20000 kg = 625

That would be 625 45-foot shipping containers.

So to confirm any of this, you'd basically need to charter an entire ocean freighter or two depending on the vessel's net tonnage capacity and dimensions.

If you want to get even more technical, there are other containers that can carry a payload of 33,000 kg.

12500000 kg / 33000 kg = 378

You literally have to buy a boatload.

[bitbd83]

I don't know...is this really the same guy?  

Do you have EYES just under your forehead????or any other places?
I have doubt.
Are they taking cannabis........? They help to make a simple FUD plot.
After all I think you completely blind.

[bitcad4u]

https://www.youtube.com/watch?v=HsHF0C_gPck&feature=youtu.be


I need to go to work..  later fudders.

[dukeneptun]

I'm no facial recognition expert but....  

Left is a happy and proud Bohan, right is an exhausted Bohan that hasn't slept for 3 days, woke up to a crash and calmed the community after the bullshit FUD you posted about URO, his eyes are almost popping out.
You have no credibility anymore altcoinherald, GTFO.

Dude, if I can crash a 'multi-million dollar' coin with one blog post then I have more credibility than everyone else in the altcoin industry.

Think about that for a second.  

actually they look liek the same guy to me... honestly.

Right that is an exhausted Bohan that hasn't slept for 3 days. It seems legit.

[MindGrenade]

Left image exhibits wide angle distortion also. This is next level confirmation bias.

Its really funny if you think you caused it haha... Ohh dear. This whole steadfast "down = fud" biz is tiresome to say the least

[davisgreen]

Well very valid concerns.

M not too sure why people are thinking that the seller made a loss accepting 12500 uro for 12500 mt of urea now.
And they have to sit on this uro until it reaches 300$ on an exchange.
Ok u tell me..so now that seller sells that uro to a distribitor of theirs in person just now for 280$ each assuring him that he will get 1urea=1 uro when ever he wants in future.
M sure that distributor will happily take it right away..as urea price might increase to 350-450-600 in near future.
Now u will argue that the distributor can just buy uro on an exchange for7$.. but then it brings the point that when the distributors know that its the real deal then eventually the price of uro will b in parity with the real price of urea on an exchange as they flock in to buy uro.
So the theory that the seller of urea need to wait for uro to reach 300$ on an exchange to cash out isn't really valid

[T.Stuart]

...

Come on bitcad4u, I want to get to work. Please give me the number for CCL Pillay Group, South Africa.

call the companies... ask if u can speak to them.  I did what u did already.  Give them a call.  

Please give me the number for CCL Pillay Group. I cannot find evidence of this company.

Yes, I have already been making calls. And I did get through to GreenEarth. But I want to get through to the others, as for me confirming their existence and intentions is more important.

[chesthing]

Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 ....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

[raffern]

http://www.coinssource.com/interview-with-uros-development-team-urea-tonnes-nier-more/

Please take the time to read. Thank you.

[solid12345]

http://whois.domaintools.com/altcoinherald.com

Never trust a "journalist" who doesn't even reveal his identity or make phone calls to research.

He'd be thrown out of a 1st semester community college journalism course for the junk he writes on his site.

[sandor111]

I'm no facial recognition expert but....  

Left is a happy and proud Bohan, right is an exhausted Bohan that hasn't slept for 3 days, woke up to a crash and calmed the community after the bullshit FUD you posted about URO, his eyes are almost popping out.
You have no credibility anymore altcoinherald, GTFO.

Dude, if I can crash a 'multi-million dollar' coin with one blog post then I have more credibility than everyone else in the altcoin industry.

Think about that for a second.  

Think about what? Masses of sheep flocking to the herd leader?
Everyone already knows FUD is the killer of coins.

You better start apologizing now.

http://whois.domaintools.com/altcoinherald.com

Never trust a "journalist" who doesn't even reveal his identity or make phone calls to research.

He'd be thrown out of a 1st semester community college journalism course for the junk he writes on his site.

[altcoinherald]

I'm no facial recognition expert but....  

Left is a happy and proud Bohan, right is an exhausted Bohan that hasn't slept for 3 days, woke up to a crash and calmed the community after the bullshit FUD you posted about URO, his eyes are almost popping out.
You have no credibility anymore altcoinherald, GTFO.

Dude, if I can crash a 'multi-million dollar' coin with one blog post then I have more credibility than everyone else in the altcoin industry.

Think about that for a second.  

actually they look liek the same guy to me... honestly.

Right that is an exhausted Bohan that hasn't slept for 3 days. It seems legit.

Thank you for your honest opinion.  

That's all I was asking for.

I wasn't asking for attacks.

The performance by 'FoeRest' was incredible too. Damn, was he ANGRY. I'm not sure if he got much love from his parents or what his issue is, but calm down dude. This is a 'game-changing altcoin.' You need to sell it to the public so it can gain maximum value.

I've never seen a guy so mad as 'Bohan' was in a video chat before. It was really unnerving watching that.

People asked him questions and he responded that they were 'f**cking stupid.'

He also said you either have 'faith' in URO or GTFO. That's generally not the most comforting thought for investors. This ain't religion, after all.

[KingKoing]

Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 ....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

My favorite quote from this.  I mean...obviously.  

[Bitcycle]

You literally have to buy a boatload.

More likely to be shipped in a bulk carrier.

http://en.wikipedia.org/wiki/Bulk_carrier

[altcoinherald]

http://whois.domaintools.com/altcoinherald.com

Never trust a "journalist" who doesn't even reveal his identity or make phone calls to research.

He'd be thrown out of a 1st semester community college journalism course for the junk he writes on his site.

LOL, keep talking. What's your name? PM your name and phone number and you and I will have a nice chat.

You seem like a great guy. I can't wait.  

[altcoinherald]

I don't know...is this really the same guy?  

Who are you and why do you hide your whois in Panama?

Who trusts a journalist who won't even give a real name.

Lots of people trust me. I've been dishing out accurate info for months.

Does that look like the same guy to you or not? Simple question. Answer it simply.

The 'angry man' from the video chat and the guy from the website don't really look all that similar.  

I think you are affected by the "other-race effect": http://www.livescience.com/14879-faces-races-alike.html

You can't recognise people from other races easily. It's a lack of life experience.

What 'race' am I? 

[sr.machado]

Time to buy!

VRC guys get close!

[chesthing]

Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 ....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

I understand what you're saying for sure. They can pay the bills with the thousands of dollars that they save in broker fees, bank fees and all of the middlemen along the way. The buyer of urea would even be willing to pay a fiat surcharge under the table for the shipment if it stills saves them money at the end of the day. URO will allow for the transfer of wealth from the middle men to everyday people. They will have plenty of money to pay their bills. Most of these companies are sitting on millions of dollars of assets anyways.

No successful business, including Urea sellers, give money away. Those who do don't survive long.
This thread has been entertaining to say the least, but the bottom line is a lot of people got swindled here and I don't like to see that.

[bitbd83]

I'm no facial recognition expert but....  

Left is a happy and proud Bohan, right is an exhausted Bohan that hasn't slept for 3 days, woke up to a crash and calmed the community after the bullshit FUD you posted about URO, his eyes are almost popping out.
You have no credibility anymore altcoinherald, GTFO.

Dude, if I can crash a 'multi-million dollar' coin with one blog post then I have more credibility than everyone else in the altcoin industry.

Think about that for a second.  

actually they look liek the same guy to me... honestly.

Right that is an exhausted Bohan that hasn't slept for 3 days. It seems legit.

+100 agree.

[KingKoing]

Here's an analogy that will help concerned people understand why a urea seller today would accept 12,500 URO for 12,500 tonnes or urea when the price of URO is so low...

It's simply a permanent store of wealth. Urea has a limited shelf life. The producer can't store urea for 5 years then sell it so what can they do to retain their value? Simple, accept 12,500 URO for equivalent purchase of urea today.

Take a look at gold in 1900, it was only $20 usd per ounce but is stable today well over $1000 usd per ounce. http://www.onlygold.com/coins/Gold-Double-Eagles.asp

In 1900 a lot of experts knew that the value of gold had the potential to reach over $1000 but they weren't willing to pay it because they can keep the gold for 100 years because gold will last 100 years. The is really no difference between gold and URO except for one major feature. URO protocol means that 1 URO = 1 tonne of urea. Obviously URO will last forever (like gold) and it's a store of wealth. Even if it takes 100 years to reach $300 per URO it's still a store of wealth. With URO you have the option of accepting it for urea and keeping it or you can go out any day in the future and get 1 tonne of urea or sit on URO for 100 years and watch it reach 300 usd. The interesting thing is though what happens if there is some world event that causes market price of 1 tonne of urea to reach $1000 per tonne? Simple, now 1 URO = $1000 ....

Look at what happened to the phosphate market (also a component of fertilizer). In the mid 2000's phosphate skyrocketed in price from $50 per tonne to almost $450 per tonne. This could happen to urea prices, there is no reason that they can't skyrocket to over $3,000 per tonne

http://www.infomine.com/investment/metal-prices/phosphate-rock/all/  

So in theory if you own only 10 URO and some earthquake or drought causes a lower worldwide supply of urea and send urea price to $3,000 per tonne your 10 URO are now worth $30,000 USD !!

This explanation completely flies in the face of the reality of business.
Urea sellers are not speculators, and if they were they wouldn't be stupid enough to take a risk on Uro anyway.
They have bills to pay on a daily basis that get paid by selling Uro that day. They may take profits but their margins are not anywhere near being able to give urea away for free for 5 years. Holy shit a 10 year old wouldn't buy this.
Every day they have bills to employees, utilities, taxes, many other expenses. They pay these with sales of urea that occur with an immediacy that does not allow for speculation. End of this ridiculous point.

I understand what you're saying for sure. They can pay the bills with the thousands of dollars that they save in broker fees, bank fees and all of the middlemen along the way. The buyer of urea would even be willing to pay a fiat surcharge under the table for the shipment if it stills saves them money at the end of the day. URO will allow for the transfer of wealth from the middle men to everyday people. They will have plenty of money to pay their bills. Most of these companies are sitting on millions of dollars of assets anyways.

Why does everyone keep talking about the $1000's in bank fees?!  Can someone show me a transaction where you pay THOUSANDS in bank fees?  AND, if they were this worried about bank fees, why not use Bitcoin?  You know, another crypto currency with a fairly stable value?  It makes NO sense why they would use URO over BTC, no sense at all.