[ANN] Xaurum [XAUR] - page 123. | Bitcointalksearch.org

rehe

member

Activity: 68

Merit: 10

Quote from: nmrcngrb on May 10, 2017, 02:56:06 AM

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 $

That's awesome! Less than 2 weeks since last mint and 14kg of new gold. Great results!

I see that market price is always following the production price, but this time market price was even higher than production price.
Is that the reason why there was no market buy at this mint?

Yes, this is the reason.

nmrcngrb

full member

Activity: 197

Merit: 104

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 $

That's awesome! Less than 2 weeks since last mint and 14kg of new gold. Great results!

I see that market price is always following the production price, but this time market price was even higher than production price.
Is that the reason why there was no market buy at this mint?

rehe

member

Activity: 68

Merit: 10

There is new price chart after mint XX.
http://imgur.com/a/dYnpV
The only way is UP!!!

Domenc

sr. member

Activity: 434

Merit: 250

Quote from: megashira1 on May 09, 2017, 03:07:03 PM

Here is another ERC20 project attempting to back their currency with gold bullion : https://bitcointalksearch.org/topic/ann-dignity-dig-official-page-formerly-unity-ingot-1907361

Thoughts?

I didn't know for this project till today, but my lay opinion is that xaurum has more cahnces to become the best goldbased cryptocurrency, becouse ECOSYSEM of Xaurum is already working perfectly, everything is legitimize etc. So I don't see this project as a threat but as a small competition. This is just my opinion.

Maybe someone have a short explanation of this project above?

megashira1

legendary

Activity: 1146

Merit: 1000

Here is another ERC20 project attempting to back their currency with gold bullion : https://bitcointalksearch.org/topic/ann-dignity-dig-official-page-formerly-unity-ingot-1907361

Thoughts?

zrjawkn

full member

Activity: 203

Merit: 100

Quote from: Bagwell on May 09, 2017, 02:43:19 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 $

Woooooot?!?? Shocked

Xaurum reached 80kg! Crazy! Good job!

Whaaaat #Xaurum gold reserves doubled in last two months....from 42kg to 80kg....📈📈📈📈

Bagwell

full member

Activity: 139

Merit: 100

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 $

Woooooot?!?? Shocked

Xaurum reached 80kg! Crazy! Good job!

Ivanovski

member

Activity: 79

Merit: 10

I have never seen such an investment before. Lets buy some more!

ampco

newbie

Activity: 56

Merit: 0

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 $

Amaizing!!!

Puhi

full member

Activity: 243

Merit: 100

Quote from: megashira1 on May 09, 2017, 01:26:25 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 $

Wow, biggest minting yet! Over $550kusd worth of gold added to back Xaurum! Are these mints supposed to grow exponentially?

The growth of mints should follow the expansion of the project - it should be exponential. We have just started...

IMPORTANT:
The value of gold for Xaurum holders of this last mint is much more than 550k USD. Since we have all gold nominated in 1g bars, the value of last mint is approximately 14.000g x 50 USD/g = 700.000 USD.

Anarh

member

Activity: 78

Merit: 10

omg, thank you

Domenc

sr. member

Activity: 434

Merit: 250

Quote from: megashira1 on May 09, 2017, 01:26:25 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 $

Wow, biggest minting yet! Over $550kusd worth of gold added to back Xaurum! Are these mints supposed to grow exponentially?

It looks like that. 😁 I am ok with that. 😜

megashira1

legendary

Activity: 1146

Merit: 1000

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 $

Wow, biggest minting yet! Over $550kusd worth of gold added to back Xaurum! Are these mints supposed to grow exponentially?

Domenc

sr. member

Activity: 434

Merit: 250

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! 😀

Aurum Project

hero member

Activity: 550

Merit: 500

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 $

Bagwell

full member

Activity: 139

Merit: 100

Quote from: Domenc on May 09, 2017, 06:06:58 AM

Quote from: tiagosilva on May 09, 2017, 06:00:02 AM

Hey guys look at the coinmarket...90% of the cryptocurrencies are gowing down today (because of the unrealistic price growth in the last weeks). Xaurum on the other side is gowing up and we know why

GROWING GOLD BASE in each and every xaurum! The only way is up!!

Have a good day xaurum owners!

Unique concept! Unique constant (up) price!

Other cryptocurrencys have speculative value but Xaurum has real value! This is priority!

Domenc

sr. member

Activity: 434

Merit: 250

Quote from: tiagosilva on May 09, 2017, 06:00:02 AM

Hey guys look at the coinmarket...90% of the cryptocurrencies are gowing down today (because of the unrealistic price growth in the last weeks). Xaurum on the other side is gowing up and we know why

GROWING GOLD BASE in each and every xaurum! The only way is up!!

Have a good day xaurum owners!

Unique concept! Unique constant (up) price!

tiagosilva

newbie

Activity: 26

Merit: 0

Hey guys look at the coinmarket...90% of the cryptocurrencies are gowing down today (because of the unrealistic price growth in the last weeks). Xaurum on the other side is gowing up and we know why

GROWING GOLD BASE in each and every xaurum! The only way is up!!

Have a good day xaurum owners!

exemplaar

hero member

Activity: 978

Merit: 506

Welcome to the crypto world andone.

Never invest just in one project. A project can end in just overnight(devs abandoning project, closing contracts and disappearing with funds, etc...)

Right now in this season you have some good projects starting or already at the beginning so you can take advantage as early investor.
You can check Iconomi(price is quite low at the moment comparing to it's potential). I would also recommend to take a look at Janus project and Incent.
Also Mobile.go ico is running at the moment and Encryptotel, two quite promising projects.

I wish you a smart investment.

andone3

member

Activity: 109

Merit: 10

Hi,

I am considering investing in Xaurum, therefore I have quite a lot questions ready

I've been following the project for few weeks now and it looks awesome. The crypto currency market seems to have a great potential, many investors are expecting that it will hit the 100bln usd mark by the end of year. Since there is a great potential in both xaurum and overall crypto market what do you suggest: Invest in index fund (crypro market) and diversify risk, or going "all-in" on Xaurum? Or second option invest in some other promising crypto currencies?

Since I am asking such questions under Xaurum topic, I expect biased replies towards Xaurum. Grin

But anyway, I know that you have some price targets, so what are your predicition for the price to be by the end of year?

How about minting? If I understand the project correctly, production price can't fall, meaning that it grows by every mint? So for the investment to be profitable, the market price should be catching the production price? (Currently the production price is 0.18 usd, but the market price now is 0.16 usd)

What about the expansion (in terms of listing on new exchanges, opening offices around the world, frequency of minting etc.)?

Thank you for your answer!
regards

Topic: [ANN] Xaurum [XAUR] - page 123. (Read 326990 times)