Yup the worlds officially gone mad.

I like the idea of comodity backed coins.

But this uro thing is stupid. Its backed by thin air, and a PR team that is making people believe the world is ready to trade $350 Urea stacks for coins that where put out into the ecosystem without any backing at the time.

Its currently backed by 0 metric tons of urea. How many coins does the team own, and how many metric tons are they willing to sell for others for a URO coin? Thats all I need to know. Until the supporters start selling UREA for the coins they promote. I know its all BS taking poor suckers money. They pray on the stupid people with belief others will trade a real asset for one with the hope of being accepted. Why not invest right? easy 100x money cause the coins will be = to a real metric ton of urea? Are people so eager for instant gains they can't see the BS?


I could say I am making a GOLD coin (GLD). And that my group supporters trading our GLD coins 1:1 for real ounces of gold. I put out a PR saying, Billybobs GOLD fund supports using 1:1 billybobs coins for your real gold! If I sell you that idea? Doesn't it sound stupid. Its exactly what the URO coin is doing now no?

A group of people came up with a idea to benefit themselves. And are running it well. The good news is. It looks like that has effected all alts in a negative wave as every day trader and momentum trader is pumping the PISS outta it! That should help us get to a near term bottom and flush out the rest of the day traders.