Post
Topic
Board Altcoin Discussion
Re: 1 Uro coin = 1 tonne of urea
by
Guglimugli
on 27/10/2014, 20:08:10 UTC
Bohan Huang and Nilesh Nair loves to talk about URO as FIRST COMMODITY BACKED CRYPTOCURRENCY like it was their idea to do the COMMODITY BACKED COINS. How about XNF (NoFiatCoin)?

"Nofiatcoin | XNF is the first digital currency backed by precious metals, gold and silver. Launched in January 6, 2014 XNF has established a track-record of a steady growing ROI in the markets."

Looks like Bohan Huang is nothing but a copy-cat! Even the idea about UROEX... XNF is already running their own exchange. https://xnftrading.com/

Once again, there is no innovation in URO!

- based on Bitcoin technology
- the idea of first commodity backed cryptocurrency /digitalcurrency was not from URO Foundation
- there are no legal documents showing that URO was used between Rivaa Exports (India) and Green Earth System Ltd (Hong Kong) back in July 2014.
But without any proof UROCOIN Devs were able to get attention on this coin, thanks to their PONZI SCHEME campaign = LIES & ignoring all questions.
UROCOIN Devs are famous for ignoring questions in interviews but they also does not answer the questions to their traders/bag holders. Here just one of the examples of how Bohan Huang answers questions to URO traders.


XNF huh? guess you didnt get the memo that precious metals isnt commodity trading dink.
Also looked around the common exchanges, no XNF anywhere. its not even on bitcointalk. on their website it says i can wire them money or use a credit card. sounds legit.. also looks like the price has dropped from 8 to 6.70 since july, thats a great ROI.. So I guess you finally exposed yourself as just an XNF shill, pissed because you can only trade on their personal website.

*edit XNF is based on ripple it isnt even its own coin
**edit2 spelling

more comments about XNF?

http://globalcryptonews.com/2014/10/24/what-you-should-know-about-the-top-three-commodity-backed-cryptocurrencies/


nah its a decent writeup. Id point out that uro started at 10,000-20,000 satoshi and is currently at 500,000 a little better than XNF rise form 1 to 8. you cant convince me XNF is the first commodity backed, its just asset backed. and its not even its own coin just an asset on the ripple/nxt exchanges.

currently! are we forgetting URO history? One day pump and then constant price fall from July-September? is that what you call stable coin?

Lets see,
 XNF total number of coins: 25,000,000 market price $6,70
 URO total number of coins:  1,000,000 market price $1,75

A commodity is a type of asset! Thought you would know that.

Now i am curious about your next reply to defend UROCOIN being first commodity backed coin.


whats the point.. XNF is asset backed by precious metals which isnt a crypto coin, uro is asset backed by urea (commodity)  which is a crypto coin. I should go to the ripple and Nxt exchanges and create an asset backed by your incredible ammount of hot air. should I start with 1 billion coins or more? it will cost me 1 Nxt to create..

what? XNF is not cryptocoin? who said that? your imagination to defend UROCOIN?
and how does this look:
 XNF total number of coins: 25,000,000 market price $6,70
 URO total number of coins:  1,000,000 market price $1,75
oh come on, your telling me it has a marketcap of 167.5 million? backed by real gold and silver.  and this doesnt jingle your scam radar?  Im saying that coins created on the asset exchanges are not cryptocoins thats my opinion. there is no XNF wallet, or blockchain. its like BitUSD which runs on bitshares.

it is cryptocurrency and it was the first coin backed! FACT!
UROcoin is different because they have wallet but tell me, is crypto wallet innovation from Bohan?
so what is the real URO innovation?

edit: are you (UROCOIN bag holder and scam supporter) saying that XNF is SCAM?

Im not saying its a scam, I figure you would. 167 MILLION DOLLARS worth of Gold and silver! Urocoin is not a scam, and im a holder not a bagholder. my bag is full of profit with zero people extorted. my conscience is clean, is yours?

you figure lot of things..can you figure whats wrong with URO Protocol?

theres nothing wrong except your personal mental block. 1 uro = 1 metric ton of urea for orders over 12500. Thats all the protocol needs to say for uro to work. End of storytime.

oh thats how it works? i see! so why even write such a long protocol and let some people sign ratification if nothing matters? just make it look nice?