[Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea

[true-asset]

Sorry guys but thats the end of URO i think....
I can bring it to 00015 with 1 click of a button, not 0015 00015....
URO is dead.... Where where all scammed.

I lost about 7k on URO, down maybe 10BTC, so if anyone was hurt more then me i ask you to come forward...
I dont blame anyone just need to use my descresion more next time. It looked legit turns out now way in fuck is it.

I dont wanna hurt anyones feelings and cry out accumulation all you want, i have 4years experiance doing this look at my profile and this URO is the most eleberate scam yet...

If you truly believe it's a scam, why continue holding on to your coins?  Why not sell them before the price goes even lower?

Cause im so fucken pissed off i would rather go down with the ship...
Also i almost have 12k URO, so who wants to add to mine to make 12k so we can collect delevery on this URO at least make these assholes pay for that...
Us claiming delevery will be proof this is real or a scam.
Im sorry to burst your bubble but the entire thing is a big fucken joke, think about it are they really going to send me 12,000 tons of urea??
i have 12k URO....  Of fucken course they will not, thats $6MILLION in UREA..... at 500 a ton...... lol seriously wake the fuck up and watch this,
im going to try get my 12k delivered according to the protocle i proposition bet you now 5k USD they wont do it.

If you really think they will give up 12,000 tons of urea at 500$ a ton in exchange for 12,000 "URO" worth $1 each your stupider then you look...
maths here $12,000 USD != $6,000,000.00, ROI just collecting delivery and reselling on ALIBABA as china urea at $200 a ton would still see ROI of 200%..
.. its not going to happen.... EVER.. mark my words...

Just a lurker here asking an honest question  

Can someone refute vual's statements w/ credible info? I've been following this thread for a while now and all I see is hype vs fud flaming. Someone explain to me in economic terms how pegging URO to UREA would work. Everything vual has said here is logical/rational and I want to see someone refute this in the same manner.

I'm just a curious college student

Please read the notes at http://urofoundation.wordpress.com, read the website at http://uro.io (including the Uro Protocol PDF, the new whitepaper PDF we just uploaded, and the instruments of ratification PDFs), and read the multiple instances of press coverage from respectable sites like CoinDesk.

Once you have done that, please form your own informed opinion based on the past history of our project, your own comprehension of what you have read, and your own beliefs.

A summary of some factors to consider:

* URO's economic credentials are supported by a recently published University research paper: Hayek Money: the Cryptocurrency Price Stability Solution by Ferdinando M. Ametrano (Milan Bicocca University - Department of Statistics and Quantitative Methods; QuantLib; Banca IMI - IntesaSanpaolo Group)

* URO is the first currency to have a true cross-platform mobile wallet working on all HTML5 compatible smartphone platforms (iOS, Android, Windows Phone, Blackberry, Tizen, Amazon Fire OS & Mozilla Firefox OS) that is optimized for low bandwidth, low processing power and low resolution <$50 devices like the ZTE Tango (https://www.youtube.com/watch?v=671dEpTfGdA) popular in the under-banked parts of the world where the real users benefiting from block chain digital payment technology reside (massive savings in monopolistic double digit percentage bank fees). The wallet has been demonstrated in multiple videos on the Uro Foundation YouTube channel, the code, hosted on github.com/uro-/nuro-intel-xdk and launchpad.net/nuro, is being submitted to app store queues this week.

* URO is the only community supported currency on BlockCypher, the most prestigious, fastest and most reliable cloud API platform for block chain networks that only supports BTC, LTC and URO so far.

* URO is one of only a few currencies on Melotic, a curated digital asset exchange that curates (vets out) all currencies before listing.

* URO has been covered on CoinDesk twice, International Business Times three times, and Crypto Articles numerous times, as well as having been featured on Crypto Analysts, Global Crypto News and Yahoo Finance.

* The highly respected news site CoinTelegraph publicly apologized on Twitter (https://twitter.com/CoinTelegraph/statuses/492328467921641472) after retracting an article which referenced libelous URO coverage from cryptocoinsnews.com. This potentially implicates both cryptocoinsnews.com and altcoinherald.com in defamation and points to the possible lack of journalistic neutrality/editorial independence on the part of these news agencies.

* My launchpad.net account was created in 2006 (launchpad.net/~bohan), and my Twitter account in 2010 (@bohan_h). I have one of the highest 6/7 TrustCloud ratings possible (https://trustcloud.com/!/bohan), and was one of the first to get 4 stars on Proof of Developer (http://cryptoasian.com/uro-urocoin/). I am currently waiting on the completion of physical address verification on TrustCloud, which will take me to the highest 7/7 trust rating possible and also completing a notarized national ID verification to get 5/5 stars on Proof of Developer.

* If you check the original ANN thread via the Wayback Machine/Web Archive, you will see that at launch, the Windows wallet was fully working, complete with thorough step-by-step instructions, with screen shots, on how to solo mine URO. There was no premine and no IPO. I have never solicited anybody to buy anything from me on this forum, nor have I made a single BTC or dollar from this project.

[MadGhost]

I have noticed that the FUDDERs are in FULL FORCE TODAY!
You get to thinking why they want so badly the price of URO to go down?

We might see a Huge PUMP coming for URO

There goes the small failed PUMP!

pump have failed as the dumpers dumped and now it will take more time to pump.

[AlfaONE]

http://uro.io/uro_whitepaper_agriculture_focused_v1.pdf

[Guglimugli]

Sorry guys but thats the end of URO i think....
I can bring it to 00015 with 1 click of a button, not 0015 00015....
URO is dead.... Where where all scammed.

I lost about 7k on URO, down maybe 10BTC, so if anyone was hurt more then me i ask you to come forward...
I dont blame anyone just need to use my descresion more next time. It looked legit turns out now way in fuck is it.

I dont wanna hurt anyones feelings and cry out accumulation all you want, i have 4years experiance doing this look at my profile and this URO is the most eleberate scam yet...

If you truly believe it's a scam, why continue holding on to your coins?  Why not sell them before the price goes even lower?

Cause im so fucken pissed off i would rather go down with the ship...
Also i almost have 12k URO, so who wants to add to mine to make 12k so we can collect delevery on this URO at least make these assholes pay for that...
Us claiming delevery will be proof this is real or a scam.
Im sorry to burst your bubble but the entire thing is a big fucken joke, think about it are they really going to send me 12,000 tons of urea??
i have 12k URO....  Of fucken course they will not, thats $6MILLION in UREA..... at 500 a ton...... lol seriously wake the fuck up and watch this,
im going to try get my 12k delivered according to the protocle i proposition bet you now 5k USD they wont do it.

If you really think they will give up 12,000 tons of urea at 500$ a ton in exchange for 12,000 "URO" worth $1 each your stupider then you look...
maths here $12,000 USD != $6,000,000.00, ROI just collecting delivery and reselling on ALIBABA as china urea at $200 a ton would still see ROI of 200%..
.. its not going to happen.... EVER.. mark my words...

Just a lurker here asking an honest question  

Can someone refute vual's statements w/ credible info? I've been following this thread for a while now and all I see is hype vs fud flaming. Someone explain to me in economic terms how pegging URO to UREA would work. Everything vual has said here is logical/rational and I want to see someone refute this in the same manner.

I'm just a curious college student

Please read the notes at http://urofoundation.wordpress.com, read the website at http://uro.io (including the Uro Protocol PDF, the new whitepaper PDF we just uploaded, and the instruments of ratification PDFs), and read the multiple instances of press coverage from respectable sites like CoinDesk.

Once you have done that, please form your own informed opinion based on the past history of our project, your own comprehension of what you have read, and your own beliefs.

A summary of some factors to consider:

* URO's economic credentials are supported by a recently published University research paper: Hayek Money: the Cryptocurrency Price Stability Solution by Ferdinando M. Ametrano (Milan Bicocca University - Department of Statistics and Quantitative Methods; QuantLib; Banca IMI - IntesaSanpaolo Group)

* URO is the first currency to have a true cross-platform mobile wallet working on all HTML5 compatible smartphone platforms (iOS, Android, Windows Phone, Blackberry, Tizen, Amazon Fire OS & Mozilla Firefox OS) that is optimized for low bandwidth, low processing power and low resolution <$50 devices like the ZTE Tango (https://www.youtube.com/watch?v=671dEpTfGdA) popular in the under-banked parts of the world where the real users benefiting from block chain digital payment technology reside (massive savings in monopolistic double digit percentage bank fees). The wallet has been demonstrated in multiple videos on the Uro Foundation YouTube channel, the code, hosted on github.com/uro-/nuro-intel-xdk and launchpad.net/nuro, is being submitted to app store queues this week.

* URO is the only community supported currency on BlockCypher, the most prestigious, fastest and most reliable cloud API platform for block chain networks that only supports BTC, LTC and URO so far.

* URO is one of only a few currencies on Melotic, a curated digital asset exchange that curates (vets out) all currencies before listing.

* URO has been covered on CoinDesk twice, International Business Times three times, and Crypto Articles numerous times, as well as having been featured on Crypto Analysts, Global Crypto News and Yahoo Finance.

* The highly respected news site CoinTelegraph publicly apologized on Twitter (https://twitter.com/CoinTelegraph/statuses/492328467921641472) after retracting an article which referenced libelous URO coverage from cryptocoinsnews.com. This potentially implicates both cryptocoinsnews.com and altcoinherald.com in defamation and points to the possible lack of journalistic neutrality/editorial independence on the part of these news agencies.

* My launchpad.net account was created in 2006 (launchpad.net/~bohan), and my Twitter account in 2010 (@bohan_h). I have one of the highest 6/7 TrustCloud ratings possible (https://trustcloud.com/!/bohan), and was one of the first to get 4 stars on Proof of Developer (http://cryptoasian.com/uro-urocoin/). I am currently waiting on the completion of physical address verification on TrustCloud, which will take me to the highest 7/7 trust rating possible and also completing a notarized national ID verification to get 5/5 stars on Proof of Developer.

* If you check the original ANN thread via the Wayback Machine/Web Archive, you will see that at launch, the Windows wallet was fully working, complete with thorough step-by-step instructions, with screen shots, on how to solo mine URO. There was no premine and no IPO. I have never solicited anybody to buy anything from me on this forum, nor have I made a single BTC or dollar from this project.

so the success of a crypto coins depends on how many times you have been covered on CoinDesk and Crypto Articles? You did not mention that yahoo feed, where everyone believes that yahoo is interested in UROCOIN but its only article uploaded by URO Foundation which would be easy to do for so many other coins.
nobody cares when was your account created, everyone keep asking the same questions which YOU do not want to answer. you simply ignore those questions and thats why people do not want to invest. and some investors are already leaving. If you do not care about people investing here, why do you even stay on this forum and on twitter? you do care about small investors. There will be no proof of shipment, which means people will have to trust you and your coins for a while. I am sceptical of the concept and since I never saw the answers I will stay sceptical.

[jasemoney]

Gugli, i applaud your use of the word sceptical over the word scam ive seen you type many time.  also I believe the moderator davisgreen is sleeping otherwise he would delete 5/6 or 6/6 of truthfuls posts as usual. and as usual this thread needs some major cleanup from the past 12 hours (who cares about opec you guys are mental). as a personal observation i think true-asset only generally replies to questions asking for more information about the coin/history, or to make announcements.  its been up to everyone in the thread & irc who are interested in daytrading to discuss the topics-du-jour. as usual ill mention that for this to succeed it only needs miners, not us speculators and traders. we are not the end users of this coin and in the future will not have a large impact ona mature UROcoin economy (unless you stock up to the roof now with uro). anyways dont invest anything you wouldnt want to see go POOF, i think everybody here has been very good at minimizing the hype and being realistic that although awesome it could go OVER9000%! it could easily not work out for a number or reasons unforeseeable like anything that has caused good ideas to fail in the past

[dickfever]

I think it's worth to point out at this point that even if there was a 298/300 chance this is a scam, buying/holding is still a +ev play.

[HappyHogan]

That's it. Too much FUD. I'm dumping my 3 million uros.

[HappyHogan]

I think it's worth to point out at this point that even if there was a 298/300 chance this is a scam, buying/holding is still a +ev play.

Hardly.... Probability of Uro success = Pr (Uro will succeed: given digital currency success and Uro is not a scam coin) * Pr (digital currency will succeed) *  Pr (Urocoin is not a scam).

This is more like it. Supposing the last term is 2/300. Let's say the second term is 9/10, as it's likely some digital currencies will succeed. Finally the first term is then probably not much higher than 1/50 given the fierce competition in the digital currency space. Even non-scam coins are going to have an extremely difficult time at achieving success. I'd say 1/50 is a very royal estimate. So, expected chance of Uro success = 1/50 * 9/10 * 2/300 =  18/150000 which equals about a 1/8333 chance.

This means with uro at a current price of $1.14, the average expected value taking into account the different possible success scenarios would have to average to at least a $9,500 price per Uro. I don't need to go through the possible scenarios to realize that this is not going to happen.

Lesson: if you're going to invest in an altcoin, at least invest in something which you're sure is not a scam. Succeeding for any altcoin will be difficult enough as it is.

[coolncalm]

Quite a number of Mother Fudders in this URO thread really deserve to be attached permanently into IDIOT COIN.

...
Here is another creative and cool idea in handling those Mother FUDders. There is someone in the cryptoland who plans to create a new coin called IDIOT COIN. Each coin (or each block?) will have a name. Guess what? Each coin (or each block?) will be named after a specific Mother FUDder name from across cryptoland. So, the Mother FUDder names will be attached permanently to IDIOT COINs as IDIOT [insert Mother Fudder name] COINs. There will be as many IDIOT [insert Mother FUDder name] COINs as the number of Mother FUDders across cryptoland. Those IDIOT [insert FUDder name] COINS will be traded across exchanges, will be dumped, and will be exposed permanently in the cryptoland. Furthermore, that guy plans to make an IDIOT COIN plaque and put all of those Mother FUDder names into the plaque and then expose it all across cryptoland.

From now on we will silently put all Uro Mother FUDder names into a Mother FUDder list and then we will submit that list to the guy who plans to create the IDIOT COIN. In the near future, Uro Mother FUDder names will be planted into IDIOT COIN names and into IDIOT COIN plaque permanently. Let the Mother FUDders be "proud" of their permanent presence in the IDIOT COIN names and in the IDIOT COIN plaque as well as in the Mother FUDder Hall Of Shame that will be exposed all across cryptoland.


PS: Stay cool and calm. Uro is too strong for those weak Mother FUDders.

[busywork]

busywork, as you seems to be genuinely interested in the "cryptocurrency backed by commodity"subject, I recommend you reading this neutral 3rd party academia research made on this specific matter.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2425270

Cheers.

Thanks this is the type of material I was looking for. Will take a look at this and the other links provided later tonight.

[codmaster]

cool  


https://github.com/uro-/coinutils-browserify

[Frigga77]

cool  


https://github.com/uro-/coinutils-browserify

Very nice! I like the way the Dev delivers everytime!

https://twitter.com/UroFoundation/status/497810591646359552

coinutils-browserify

A fully self-contained client side JavaScript library bundle for creating and using URO/LTC/BTC brain wallets to sign and verify blockchain currency transactions.

Originally designed to be used with the BlockCypher Transactions and Blockchain APIs, but can work with any cryptocurrency transactions workload based on hex string and Buffer formats.

All the cryptography is done using CryptoCoinJS.

[busywork]

If you support Nazis you might as well be one.
Membership via association.

Guglimugli's been pretty neutral... He just pointed out some things (like Yahoo article being user submitted) and stated his opinions..

[true-asset]

Meet coinutils-browserify: our client JS library for dead easy development of #Urocoin & #Bitcoin @BlockCypher apps: https://twitter.com/UroFoundation/status/497810591646359552

coinutils-browserify is fully tested, fully documented & fully ready to power your #Urocoin, #Bitcoin & #Litecoin dreams in the cloud today: https://twitter.com/UroFoundation/status/497813175081771008

With the elegance of coinutils-browserify and @BlockCypher, any JavaScript novice can securely integrate #Urocoin into a website/app in mins: https://twitter.com/UroFoundation/status/497818076126007299

[1 1 0 0 1 1 1 0 0 0 1]

What purpose did it serve to have davisgreen create a moderated thread?  I understand letting people voice their concerns on urocoin but allowing people to call urocoin and outright scam every other post does nothing for the community and potential urocoin investors.  None of these FUDers have never provided proof of any scam.  It's all conjecture and opinion.  Davisgreen, if you're going to moderate the thread then moderate it.  It's really not that difficult.  If you can't do that then hand over the thread to someone else can.

[Flam]

Please delete corather too. Waking up this morning I was quite happy to see +5 pages on this thread only to watch a nonsense battle between Chang and Corather...

Thanks for the updates Bohan.

[true-asset]

Due to the frequent off-topic discussion, we are moving official technical support and questioning/FAQ systems onto launchpad.net, a structured, long term solution for source code control, bug tracking, question management and project planning platform created by the Ubuntu team.

https://answers.launchpad.net/uro/+addquestion is the official way to ask a question, the system automatically prevents duplicates.

Fortunately asked questions will be converted into FAQs and listed here: https://answers.launchpad.net/uro/+faqs

Our current, and future draft plans, are/will be listed as Blueprints here: https://blueprints.launchpad.net/uro, this provides increased transparency to the community, who can now glance into future achievements as they happen.

Technical support issues can be posted as a bug here: https://bugs.launchpad.net/uro

We will make a tutorial video later to help out new users.

[davisgreen]

Due to the frequent off-topic discussion, we are moving official technical support and questioning/FAQ systems onto launchpad.net, a structured, long term solution for source code control, bug tracking, question management and project planning platform created by the Ubuntu team.

https://answers.launchpad.net/uro/+addquestion is the official way to ask a question, the system automatically prevents duplicates.

Fortunately asked questions will be converted into FAQs and listed here: https://answers.launchpad.net/uro/+faqs

Our current, and future draft plans, are/will be listed as Blueprints here: https://blueprints.launchpad.net/uro, this provides increased transparency to the community, who can now glance into future achievements as they happen.

Technical support issues can be posted as a bug here: https://bugs.launchpad.net/uro

We will make a tutorial video later to help out new users.

Great solution for real productivity n transparency.

People who really want to contribute can do so very easily now.


Nice one true-asset. Uro keeps delivering.

Nuro is a hidden gem I must say.

[Bitcycle]

Due to the frequent off-topic discussion, we are moving official technical support and questioning/FAQ systems onto launchpad.net, a structured, long term solution for source code control, bug tracking, question management and project planning platform created by the Ubuntu team.

https://answers.launchpad.net/uro/+addquestion is the official way to ask a question, the system automatically prevents duplicates.

Fortunately asked questions will be converted into FAQs and listed here: https://answers.launchpad.net/uro/+faqs

Our current, and future draft plans, are/will be listed as Blueprints here: https://blueprints.launchpad.net/uro, this provides increased transparency to the community, who can now glance into future achievements as they happen.

Technical support issues can be posted as a bug here: https://bugs.launchpad.net/uro

We will make a tutorial video later to help out new users.

This should be copied to the top of OP.

[davisgreen]

Uro White Paper