Post
Topic
Board Announcements (Altcoins)
Re: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer
by
JTB800
on 11/07/2014, 12:48:56 UTC
I did little math and this coin might be reaching 1:1 ratio with BTC
Some of you may ask WHY??

Because I realized, that it's all crypto business, not fertilize business...

So far they did perfect job:

1) They (URO team) created well working crypto blockchain - no IPO, no premine, etc

2) Then they started to accumulate URO:


3) After accumulating decent amount (100000?) of URO they announced fertilize deal:
http://greenearthsystems.com.au/world-first-by-green-earth-uro-for-urea/

4) As expected price went up almost 10 x


5) Then, first cashout  -  amazing profit!

6) Initiated massive fud campain: price dropped almost 15 x:


7) Accumulating again

Future plans:

8] After accumulation process they will announce new UREA fertilizer deal and prices are going REALLY CRAZY

9) After URO price is over 0,5 BTC fertilize company can cash out

9B) If it's scam, then URO team can cash out all the money Cheesy

It's about time someone said the obvious. None of this happens without the whales being involved. And, whether or not that was in coordination with the devs or not doesn't matter. Nor does it matter if it is a "scam" or not. The pattern above is exactly what is happening (and has happened). Once the whales are in control, the "fundamentals" are irrelevant. Obviously for the longer term, it matters a great deal if the coin is a scam or not as the whales will swim away soon enough. But, for now, both sides are just playing the exact game they want you to play.