AlfaONE
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August 01, 2014, 09:32:17 PM |
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"Together we stand for a fairness and truth"
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hobopete
Member
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Activity: 196
Merit: 10
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August 01, 2014, 11:41:05 PM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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August 01, 2014, 11:50:11 PM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
Very Interesting comment. Basically traders and miners should not sell cheap. Remember 1 URO = 1 Metric Tonne of Urea = USD 300 People are being manipulated to sell USD 2.25 to 3.00, well atleast we try selling them at $10 or more!
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GaliX
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August 01, 2014, 11:58:33 PM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
Very Interesting comment. Basically traders and miners should not sell cheap. Remember 1 URO = 1 Metric Tonne of Urea = USD 300 People are being manipulated to sell USD 2.25 to 3.00, well atleast we try selling them at $10 or more! Untill several orders of Urea are actually made, the coin will never worth 300 USD. This is currently just speculations. As time moves on the prices will represent the amounts of orders. But untill then, I guess this price is ok.
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Trade: Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...) All with BTCitcoin only ----- https://1broker.com ----- up to 200x Leverage & since 2012 ---
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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August 02, 2014, 12:03:40 AM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
Very Interesting comment. Basically traders and miners should not sell cheap. Remember 1 URO = 1 Metric Tonne of Urea = USD 300 People are being manipulated to sell USD 2.25 to 3.00, well atleast we try selling them at $10 or more! Untill several orders of Urea are actually made, the coin will never worth 300 USD. This is currently just speculations. As time moves on the prices will represent the amounts of orders. But untill then, I guess this price is ok.I think GES already secured successfully 3 Business negotiations using URO for UREA http://greenearthsystems.com.au/ges-signs-supply-contract-for-urea-imports-into-pakistan-with-lakhani-enterprise/1 for RIVAA; 2 for Lakhani enterprises and more deals going on in the background.
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criptix
Legendary
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Activity: 2464
Merit: 1145
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August 02, 2014, 12:05:49 AM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
Very Interesting comment. Basically traders and miners should not sell cheap. Remember 1 URO = 1 Metric Tonne of Urea = USD 300 People are being manipulated to sell USD 2.25 to 3.00, well atleast we try selling them at $10 or more! Untill several orders of Urea are actually made, the coin will never worth 300 USD. This is currently just speculations. As time moves on the prices will represent the amounts of orders. But untill then, I guess this price is ok.I think GES already secured successfully 3 Business negotiations using URO for UREA http://greenearthsystems.com.au/ges-signs-supply-contract-for-urea-imports-into-pakistan-with-lakhani-enterprise/1 for RIVAA; 2 for Lakhani enterprises and more deals going on in the background. well if we see that urea was shipped then im sure the market will move
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hobopete
Member
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Activity: 196
Merit: 10
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August 02, 2014, 12:21:15 AM |
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It's a SALES TEAM, AND THEY ARE GOOD. The goal here is to sell 1,000,000 tonnes of fertilizer at a 10% or so margin. The Uro Foundation is just the security guard for the network. The bank fee savings are the selling point. Eventually, the money will even out to a 30 million usd profit, it's just a matter of how much time it's spread over. The higher the volume, the lower the margin, the higher the volume, etc, rinse and repeat ad infinitum. How do you lose 300 million usd? Spread the loss out over 3 billion USD worth of sales over 10 years. it's all in the accounting. Accounting does not require a positive or negative result, it only requires that the numbers all match. +/-, it don't matter. Any CPA's wanna explain how many ways they could cook in the short term while waiting to become profitable on paper? Some companies never do. And as for bankruptcy, it can be strategic. Credit beats cash every time! How many of you out there got 20 bucks in your pocket til payday, but 50k avilable of credit cards in your wallet? Anyone have a mortgage? This is no more of a scam than your mortgage.
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hobopete
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Activity: 196
Merit: 10
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August 02, 2014, 12:28:19 AM |
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but of course, as i stated previously, the exposure for ges is only about 3 million usd. mostly because you are chickenshits and won't stand up for your share..
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Bitcycle
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August 02, 2014, 12:34:23 AM |
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well if we see that urea was shipped then im sure the market will move
This is the most inane comment that comes up in this discussion. I'm curious what you imagine such proof would look like? How would that proof differ from what you've been shown so far?
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hobopete
Member
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Activity: 196
Merit: 10
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August 02, 2014, 12:50:02 AM |
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well if we see that urea was shipped then im sure the market will move
This is the most inane comment that comes up in this discussion. I'm curious what you imagine such proof would look like? How would that proof differ from what you've been shown so far? They don't HAVE to show you a damned thing. they already SOLD THE CONTRACTS! that's why I commend Bohan for giving us a chance to get in here. Yes, it helps to sell more faster if the coin is popular, but it's up to you to get paid. These guys are building their payday right now, with every contract. Get your share.
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hobopete
Member
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Activity: 196
Merit: 10
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August 02, 2014, 01:01:02 AM |
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if the urea doesn't ship then A. They scammed the Urea manufacturer, who just said, ok, i'll whip you up 25000 lbs of stuff to any clown who calls on the phone B. They scammed Rivaa C. They scammed Lakhani D. They scammed IPL E. They scammed the Government of India F. They scammed the Government of Pakistan G. They scammed the (communist) Government of China All to get 25000 coins worth 4(oops I mean 2) usd each. hell, I'd PAY that to see it. If that's what you think.... You're only gonna get what you make them give you. Better just sell everything you're holding for the current price. I can assure you the sell order will be picked up instantly.
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bitwarrior
Legendary
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Activity: 1764
Merit: 1000
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August 02, 2014, 01:21:46 AM |
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nobody is asking the right questions here. Any other coin with this much money pouring into it would see a price rise based on market cap. Due to all the worry and fud, every coin being mined is selling almost exactly at market cap value. This is why the price is static, as new coins are minted they are immediately bought at the current price, so the market cap remains at the exact same percentage based upon the number of coins in existence. I'm going to address something bryce wiener said in his article here. he stated that GES would be left with a 7 million dollar hole in it's books, just from the 1st shipment, and the longer the price takes to reach parity, the bigger this "black hole" gets.. This is not quite true. This is a variable in the equation. let me start by stating that GES is invested for approximately 3 million USD. I'm going to show you how this is a self- fulfilling prophecy. everyone is assuming that the strategy is to pump up the price, then sell the coins on the market to recover the money in fiat. It's not that simple. With 1 million coins in 6 months, you are thinking that GES could lose 300 million usd, and they don't have that kind of backing. In truth, however, all they are doing is deferring receivables for 6 months. If the price does not reach parity on the trading market, Uro Foundation will hold all of the coins. They have already sold contracts equal to 20% of the minted coins, to be paid in Urocoin. when the million is mined out, the entities under contract will then only be able to obtain Uro to fulfill their contract by buying it from the Uro Foundation. The buyers will pay market price because it still saves them bank fees. The foundation has already announced the intent to be their own exchange, in the Uro Protocol. what they've put together here is a high powered sales team. if you research these people, the common thread is they all come from sales backgrounds. They are selling the coin to the niche market. They are signing contracts which assure a future income stream, with room for growth. The contracts are very important, because the purchaser is bound to pay with urocoin. If the only way they can get enough Uro to meet the contract terms is to buy from the foundation, they will have to pay what is asked. The timing is key here. it doesn't matter whether the price reaches parity here or not. 1 Uro IS one metric ton of Urea to the companies who have signed the contracts. So I see 2 scenarios here. 1. You mine the Uro and sell them for an average price, including pumps, of 3 USD. ! million coins equal 3 million usd exposure. 2. The 1st shipment arrives and price reaches parity, but the buyer purchased cheap Uro. 1 shipment equals 3 million USD. (all shipments after that are paid for by reselling the coins from the first purchase.) THE PRICE OF THIS COIN ON THE MARKET SHOULD BE ARRIVED AT BY THIS EQUATION (conservatively) (price of one million metric tonnes Urea@ CMV x % of coins sold divided by number of coins in existence= value per coin.) It would look something like this 287,000,000 x .20 = 57,400,000 divided by 451,812 = 127.04 per coin true market value as of now. MINERS AND TRADERS HAVE TO SET THE PRICE HIGHER WHILE THEY ARE SELLING THE CONTRACTS IF YOU WANT TO PROFIT. ONCE THE CONTRACTS ARE SOLD, THEY DON'T NEED YOUR COINS. TRADING WILL BE LIKE TRYING TO SELL FOOD STAMPS AT 1/2 PRICE TO THE GUY AT THE LIQUOR STORE. This idea has already succeeded. It's good to go, with or without you. THE ONLY ONE SCAMMING YOU IS YOU.
Very Interesting comment. Basically traders and miners should not sell cheap. Remember 1 URO = 1 Metric Tonne of Urea = USD 300 People are being manipulated to sell USD 2.25 to 3.00, well atleast we try selling them at $10 or more! Untill several orders of Urea are actually made, the coin will never worth 300 USD. This is currently just speculations. As time moves on the prices will represent the amounts of orders. But untill then, I guess this price is ok.I think GES already secured successfully 3 Business negotiations using URO for UREA http://greenearthsystems.com.au/ges-signs-supply-contract-for-urea-imports-into-pakistan-with-lakhani-enterprise/1 for RIVAA; 2 for Lakhani enterprises and more deals going on in the background. well if we see that urea was shipped then im sure the market will moveWhat proof would you like? Are you in kindergarten still? Proofs were already shown if you just have the patience and diligence and the understanding to read through this thread and other pertinent references.
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Raja_ji
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Activity: 70
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August 02, 2014, 02:05:57 AM |
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Indian Gov. has very strict regulations when it comes to the suppliers for Urea. IPL will have done massive due diligence, otherwise it will not be listed.
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Jaago Bharat....
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hobopete
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Activity: 196
Merit: 10
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August 02, 2014, 02:06:53 AM |
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another thought that occurs to me- if 5400 coins per day are mined and all of them are sold immediately, at the current price, that accounts for about 10k usd per 24 hrs, or about 17btc . Where is the other 83+ btc coming from? is that just traders pushing around that kind of volume for 20k sats per coin? At this price it would take 270 btc worth of uro traded to make .27 bitcoin, or about 200 usd at 100k satoshis spread per transaction. so where's the money coming from? someone is buying. or 200 traders are making a dollar a day. Fuck that shit. .18 btc per coin until the usd market is launched..
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AlfaONE
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August 02, 2014, 02:09:54 AM |
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Theory would be - once all the coins are release 1Million companies like Rivaa and Lakhani would buy up as much as they can
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"Together we stand for a fairness and truth"
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hobopete
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August 02, 2014, 02:24:09 AM |
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Theory would be - once all the coins are release 1Million companies like Rivaa and Lakhani would buy up as much as they can
They may buy all they can, if they understand cryptos, AND someone is paying attention to the market. If not, they just go by the contract and follow instructions on how to buy. When the foundation establishes their exchange, it's as simple as writing a check- when they get it, they just send an email with the wallet address and the transaction is done in minutes. business as usual, with a new name on the check. All the buyers have to understand is that the transaction fee is 100x less. You know what YOU would do. A corporation is a complex being, in which all parts do not fully co-ordinate, but rely upon communication from others. You do your part and don't concern yourself with what others are doing. That's why CEO'S make big bucks, they get the small parts of the big picture and have to puzzle them together. problem is, by the time it reaches them, the information is so highly condensed it is difficult to determine what all this actually MEANS.
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hobopete
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August 02, 2014, 02:26:25 AM |
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So they look at numbers. Numbers don't lie. But they can be manipulated by lying men. Politicians prove that everyday.
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hobopete
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August 02, 2014, 02:40:21 AM |
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another thought that occurs to me- if 5400 coins per day are mined and all of them are sold immediately, at the current price, that accounts for about 10k usd per 24 hrs, or about 17btc . Where is the other 83+ btc coming from? is that just traders pushing around that kind of volume for 20k sats per coin? At this price it would take 270 btc worth of uro traded to make .27 bitcoin, or about 200 usd at 100k satoshis spread per transaction. so where's the money coming from? someone is buying. or 200 traders are making a dollar a day. Fuck that shit. .18 btc per coin until the usd market is launched..
bump bump 730 Urocoin
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averagedude
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August 02, 2014, 03:41:28 AM |
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sounds right Indian Gov. has very strict regulations when it comes to the suppliers for Urea. IPL will have done massive due diligence, otherwise it will not be listed.
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