[ANN] Xaurum [XAUR] - page 120. | Bitcointalksearch.org

Aurum Project

hero member

Activity: 550

Merit: 500

Xaurum Mint XXI:

Mint market-buy: 14.7 BTC

Gold increased: 3328.680688336519 g
Xaurum issued: 1357395.746032345 XAUR
Xaurum Ratio: 0.0007497726304879118
1 g can be melted for: 1333.7376683772168 XAUR

Total Xaurum money supply: 111656257.83173683 (total fees not subtracted)
Total Xaurum gold reserves: 83716.80614493783 g

New production price: 0.2135 $

rehe

member

Activity: 68

Merit: 10

There is chart of all Xaurum mints in year 2017. In orange there is new gold in kg and blue is new Xaurums (inflation) in millions.
Ratio new gold vs. new XAUR is higher and higher. This is very good to all Xaurum community.

http://imgur.com/a/DYrfF

exoras

member

Activity: 117

Merit: 10

Co-Founder at AlphaTradeZone.com

Thank you for those images and yes, this is a question that will be commonly asked among the potential users of Xaurum and deserves more visibility.

Furthermore i checked the website of Auresco Institute and was not able to find the Terms of Use as written in the first scanned document.

Could anyone assist on that, please? Thanks!

I would also think about adding this coin to more exchanges for visibility and trust.

Ivanovski

member

Activity: 79

Merit: 10

There will be more exchanges I think. We just need to wait that the devs complete the expansion of Xaurum in whole Europe and in some countrys outside of the Europe. Then we will se the real power of Xaurum.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: zrjawkn on May 16, 2017, 09:08:17 AM

Quote from: exoras on May 16, 2017, 08:29:27 AM

It doesnt go from Dev's pockets, this is nonsense, man.

I mean this is not a charity organization. Cheesy

They have lots of Xaurums in their pockets so it's in their favor to make this project work and increase it's price.

That's how they profit and that's how the project is working. If it happens that dev's give up on Xaurum, we'll be left at least with gold reserves.

I have one question though:

How are we guaranteed that whatever happens we will be able to receive the gold behind our Xaurum coins? Is it guaranteed by a contract? Who will be held responsible if someone refuses to do so, or the company just disappears?

How are we guaranteed actually that we will have the right to claim our gold no matter what happens to Xaurum?

Anyone knows? I am not being pesimistic, I am just trying to project and visualise the worst case scenario.

Here is the proof by the administrative unit of the Republic Slovenia

http://imgur.com/a/YnFBS
http://imgur.com/a/2RrND

READ IT.

We need a gallery for all these proofs and testimonials so people will see the transparency of Xaur team,the best the dev can do now is to add more exchange can we add this coin on Yobit or Novaexchange or Cryptopia

zrjawkn

full member

Activity: 203

Merit: 100

Quote from: exoras on May 16, 2017, 08:29:27 AM

It doesnt go from Dev's pockets, this is nonsense, man.

I mean this is not a charity organization. Cheesy

They have lots of Xaurums in their pockets so it's in their favor to make this project work and increase it's price.

That's how they profit and that's how the project is working. If it happens that dev's give up on Xaurum, we'll be left at least with gold reserves.

I have one question though:

How are we guaranteed that whatever happens we will be able to receive the gold behind our Xaurum coins? Is it guaranteed by a contract? Who will be held responsible if someone refuses to do so, or the company just disappears?

How are we guaranteed actually that we will have the right to claim our gold no matter what happens to Xaurum?

Anyone knows? I am not being pesimistic, I am just trying to project and visualise the worst case scenario.

Here is the proof by the administrative unit of the Republic Slovenia

http://imgur.com/a/YnFBS
http://imgur.com/a/2RrND

READ IT.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: exoras on May 16, 2017, 08:29:27 AM

It doesnt go from Dev's pockets, this is nonsense, man.

I mean this is not a charity organization. Cheesy

They have lots of Xaurums in their pockets so it's in their favor to make this project work and increase it's price.

That's how they profit and that's how the project is working. If it happens that dev's give up on Xaurum, we'll be left at least with gold reserves.

I have one question though:

How are we guaranteed that whatever happens we will be able to receive the gold behind our Xaurum coins? Is it guaranteed by a contract? Who will be held responsible if someone refuses to do so, or the company just disappears?

How are we guaranteed actually that we will have the right to claim our gold no matter what happens to Xaurum?

Anyone knows? I am not being pesimistic, I am just trying to project and visualise the worst case scenario.

All your questions are valid and I believe the dev team can come out with a solution to this ,so let's see what they have to offer,but compare to other crypto projects we have a tangible back up some of these coins are just make believe and empty promises so they have credible to offer to holders.

exoras

member

Activity: 117

Merit: 10

Co-Founder at AlphaTradeZone.com

It doesnt go from Dev's pockets, this is nonsense, man.

I mean this is not a charity organization. Cheesy

They have lots of Xaurums in their pockets so it's in their favor to make this project work and increase it's price.

That's how they profit and that's how the project is working. If it happens that dev's give up on Xaurum, we'll be left at least with gold reserves.

I have one question though:

How are we guaranteed that whatever happens we will be able to receive the gold behind our Xaurum coins? Is it guaranteed by a contract? Who will be held responsible if someone refuses to do so, or the company just disappears?

How are we guaranteed actually that we will have the right to claim our gold no matter what happens to Xaurum?

Anyone knows? I am not being pesimistic, I am just trying to project and visualise the worst case scenario.

zrjawkn

full member

Activity: 203

Merit: 100

Quote from: huanglui on May 16, 2017, 06:31:21 AM

team is big

everything is transparency everything is nice and leet

so why there is no wish from team to put up a real trading on markets with bigger volume&more investors?

Why don't u work on marketing and promoting xaur all over balkan countires, EU and US?

could u answer me?

Everythink will be in near future...but you should understand that hole money goes to buy new gold reserves....All promotion, offices and so on goes from devs private pocket, SO WE ALL KNOW HOW THEY BEALIVE IN XAURUM project.

Time is on Xaurum side...becouse devs don t want to pump the price but they want to buy new gold reserves constantly and that means also the price goes up.

von der

full member

Activity: 168

Merit: 100

Quote from: Domenc on May 09, 2017, 01:13:04 PM

Quote from: Aurum Project on May 09, 2017, 01:09:31 PM

Xaurum Mint XX:

Mint market-buy: 0 BTC

Gold increased: 14000.00000000002 g
Xaurum issued: 6299582.133486496 XAUR
Xaurum Ratio: 0.0007288198894566714
1 g can be melted for: 1372.0811059993036 XAUR

Total Xaurum money supply: 110299028.08570445 (total fees not subtracted)
Total Xaurum gold reserves: 80388.12545660141 g

New production price: 0.2051 $

Waaaaw...this is f****ng amazing! 😀

It's too much

huanglui

sr. member

Activity: 529

Merit: 250

team is big

everything is transparency everything is nice and leet

so why there is no wish from team to put up a real trading on markets with bigger volume&more investors?

Why don't u work on marketing and promoting xaur all over balkan countires, EU and US?

could u answer me?

exoras

member

Activity: 117

Merit: 10

Co-Founder at AlphaTradeZone.com

Once the system is done, sales will also go up pretty quickly.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Topknotbam on May 15, 2017, 12:40:48 PM

Quote from: skysun on May 15, 2017, 11:43:29 AM

Team of Xaurum representative working in Ljubljana Xaurum office on system which will reduce paper work.

New photos from the office - it's good)

I'm 100% sure this is real,Xaurum will not put their reputation in a bad light if this is not real,this should also be posted at the announcement thread and on their website I'm sure with all the transparency they are showing,they gain more supporters and investors.

zrjawkn

full member

Activity: 203

Merit: 100

Quote from: Topknotbam on May 15, 2017, 12:40:48 PM

Quote from: skysun on May 15, 2017, 11:43:29 AM

Team of Xaurum representative working in Ljubljana Xaurum office on system which will reduce paper work.

New photos from the office - it's good)

Yeee Xaurum holders and fans, great job...more and more people understand that this is a really really unique concept...safe, unique, potencial and profitable for hole community..#It s only beggining

andone3

member

Activity: 109

Merit: 10

Nice! What does it mean: less paperwork

?

Topknotbam

legendary

Activity: 1938

Merit: 1014

Quote from: skysun on May 15, 2017, 11:43:29 AM

Team of Xaurum representative working in Ljubljana Xaurum office on system which will reduce paper work.

New photos from the office - it's good)

skysun

jr. member

Activity: 55

Merit: 10

Team of Xaurum representative working in Ljubljana Xaurum office on system which will reduce paper work.

http://imgur.com/a/yH2Kj

andone3

member

Activity: 109

Merit: 10

Quote from: nmrcngrb on May 15, 2017, 08:35:12 AM

Quote from: andone3 on May 15, 2017, 06:58:10 AM

One question regarding the price. What is driving the price, because now the price dropped to 0.17 from 0.20 in just few days. What I am observing is that there is a price increase when new mint happens, and the price jumps up to the production price. Few days after the mint the price is below production price in the range of previous production price, let's say around 0.185 (current production price is 0.2051).

But overall the good thing is that the price is going up on avarage, with every mint the "floor" price is higher. This week is 0.17, week before was 0.15, and so on. I see that average daily volume is also increasing, which is good.

Market price is driven by demand and supply as in any other coin, but the reason the price goes up is of course the gold coverage price (price of gold behind every xaurum, where the ammount of gold is getting higher and higer).
Reason why mint pushes the price up to the production price is because mint must first buy on the market if the price is lower, since obviously the supply is sufficient if the price is lower. At last mint the market price was higher than production price and that resulted in no market buy.

So if I understand it right. If the production price is above market price, then dev team buys the coins on the market (increased demand) up to the production price? It the last mint market price was above the production price, meaning there was no market buy, which is actually great, beacuse more and more investors are recognizing the potential of xaurum and that is why price goes up.

But there is also selling happening on the market because the price decrease from 20 cents to 17 cents? But yes, price is gradually going up

exoras

member

Activity: 117

Merit: 10

Co-Founder at AlphaTradeZone.com

I see now that more people start getting it. Grin

dtacken

newbie

Activity: 45

Merit: 0

Production price from last 5 mints:

Mint 16: 0.1202$
Mint 17: 0.1309$ (increased 8.9%)
Mint 18: 0.1573$ (increased 20.1%)
Mint 19: 0.1856$ (increased 18%)
Mint 20: 0.2051$ (increased 10.5%)

See where this coin is going?

The only way is up up up!

Total increase from Mint 16: 70.6 % !!! Grin

I wonder where production price will be at the Mint 25? Grin

Topic: [ANN] Xaurum [XAUR] - page 120. (Read 326990 times)