[ANN] Xaurum [XAUR] - page 126. | Bitcointalksearch.org

Puhi

full member

Activity: 243

Merit: 100

Quote from: leetcoiner on April 28, 2017, 09:44:32 AM

When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.

we understand this all

but what have we from that investors of XAUR which we boutght on market?

Where this golden dividend goes? how we feel that quantity of gold owned by every single Xaurum?

Or is there just price for us that matters?

thanks for answers!

Again (please take some time to think and understand this):
All xaurum are equal.
The gold is owned by all xaurum holders. It does not matter how you buy your Xaurum.
The quantity of gold owned by every single Xaurum is equal per Xaurum.
When dividends are given they increase the quantity of gold for every single Xaurum on the market.

Bagwell

full member

Activity: 139

Merit: 100

Quote from: Aurum Project on April 28, 2017, 11:47:41 AM

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617 g
Xaurum issued: 5436349.875157679 XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202 XAUR

Total Xaurum money supply: 103999646.952218 XAUR (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price: 0.1856 $

OMG!?! production price is 0.1856 $ Cool

nice job guys

Aurum Project

hero member

Activity: 550

Merit: 500

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617 g
Xaurum issued: 5436349.875157679 XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202 XAUR

Total Xaurum money supply: 103999646.952218 XAUR (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price: 0.1856 $

leetcoiner

sr. member

Activity: 1056

Merit: 251

When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.

we understand this all

but what have we from that investors of XAUR which we boutght on market?

Where this golden dividend goes? how we feel that quantity of gold owned by every single Xaurum?

Or is there just price for us that matters?

thanks for answers!

batfink68

newbie

Activity: 29

Merit: 0

Quote from: siaynoq on April 28, 2017, 12:01:09 AM

Only thing that worries me, spelling on the website. Roll Eyes

Just bought a bit. Happy to. Siaynoq.

yes, the English in some of the explanations is mangled as well.

The dev's need to stop using the term 'melt' because it just confuses things when actual gold is being held. When we talk about mining in crypto all know that mining is a metaphor but when dealing with actual gold and talking about 'melting it', it just confuses people.

Language has to convey meaning- jargon isn't good communicating because it's designed to make newbs feel stupid.

Puhi

full member

Activity: 243

Merit: 100

Quote from: tiagosilva on April 27, 2017, 07:20:09 AM

Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.

Thank you for the answer already in advance😊

Simplest way to understand:
All Xaurum are equal. There are no new and old Xaurum. There is no split.
When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.

siaynoq

member

Activity: 124

Merit: 10

Only thing that worries me, spelling on the website. Roll Eyes

Just bought a bit. Happy to. Siaynoq.

rehe

member

Activity: 68

Merit: 10

Quote from: Anarh on April 27, 2017, 12:51:48 PM

Collect flat as much as possible an buy gold Wink

No, collect fiat as much as possible and buy Xaurum.

Anarh

member

Activity: 78

Merit: 10

Collect flat as much as possible an buy gold Wink

Bagwell

full member

Activity: 139

Merit: 100

Have anyone any informations about Xaurum, what is the next step? Big mint, open new office, some huge investments etc..? I will be very happy if anyone wants to share some info with community!

tiagosilva

newbie

Activity: 26

Merit: 0

Quote from: nihilnegativum on April 27, 2017, 09:09:24 AM

Quote from: tiagosilva on April 27, 2017, 07:20:09 AM

Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.

Thank you for the answer already in advance😊

The % are not fixed, it depends on the market price or production price. Creation of 1 new XAUR requires the gold that the existing XAUR already represent, and the additional gold is the value between this value and the production price of XAUR or market price, if it is higher than production price.

OK, I think I have to read it for a couple of times so that I will fully understand it, but thank you for the explanation Wink

nihilnegativum

sr. member

Activity: 432

Merit: 251

––Δ͘҉̀░░

Quote from: tiagosilva on April 27, 2017, 07:20:09 AM

Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.

Thank you for the answer already in advance😊

The % are not fixed, it depends on the market price or production price. Creation of 1 new XAUR requires the gold that the existing XAUR already represent, and the additional gold is the value between this value and the production price of XAUR or market price, if it is higher than production price.

ampco

newbie

Activity: 56

Merit: 0

Quote from: Topknotbam on April 26, 2017, 06:02:14 PM

Quote from: rehe on April 26, 2017, 04:32:20 PM

I made a research. There is a picture of Xaurum price history from april 2015 until april 2017. All mints are included.
Golden price is calculated: Golden Price = Xaurum ratio * 50$; (average price of 1g gold bar is 50$).

Market price can never drop under the level of Golden price. And Golden price is higher and higher ...
This is uniqe in financial world. This is Xaurum is different.

The only way is UP!

http://i3.imageban.ru/out/2017/04/27/941c3c6b41aba720da154435bd648a51.png

Keep calm and wait. Wink

This is really a great product. I also have the coins for more than a year, and always get confirmation that it was one of my best investments. And we are just at the beginning.

tiagosilva

newbie

Activity: 26

Merit: 0

Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.

Thank you for the answer already in advance😊

Bagwell

full member

Activity: 139

Merit: 100

Quote from: kaicrypzen on April 26, 2017, 02:37:43 PM

Quote from: Master mind on April 26, 2017, 11:08:04 AM

Quote from: Master mind on April 22, 2017, 10:48:13 AM

Can I sell coins for gold ?

You can melt Xaurum for gold, you'll get the gold base of the melted Xaurs, however, given the fact that Xaurum's price is higher than its gold base's price, it's not worth it.

http://xaurum.org/melt.html

Bagwell

full member

Activity: 139

Merit: 100

Quote from: VALE1 on April 26, 2017, 06:41:20 AM

This is fuc*ing amazing project. Since I bought xaurums, I cant sleep anymore Grin

me too!

best project i ever seen

Domenc

sr. member

Activity: 434

Merit: 250

Quote from: Topknotbam on April 26, 2017, 06:02:14 PM

Quote from: rehe on April 26, 2017, 04:32:20 PM

I made a research. There is a picture of Xaurum price history from april 2015 until april 2017. All mints are included.
Golden price is calculated: Golden Price = Xaurum ratio * 50$; (average price of 1g gold bar is 50$).

Market price can never drop under the level of Golden price. And Golden price is higher and higher ...
This is uniqe in financial world. This is Xaurum is different.

The only way is UP!

Keep calm and wait. Wink

I Am waiting for year and a half. I am very happy. 👍

Topknotbam

legendary

Activity: 1938

Merit: 1014

Quote from: rehe on April 26, 2017, 04:32:20 PM

I made a research. There is a picture of Xaurum price history from april 2015 until april 2017. All mints are included.
Golden price is calculated: Golden Price = Xaurum ratio * 50$; (average price of 1g gold bar is 50$).

Market price can never drop under the level of Golden price. And Golden price is higher and higher ...
This is uniqe in financial world. This is Xaurum is different.

The only way is UP!

Keep calm and wait. Wink

Domenc

sr. member

Activity: 434

Merit: 250

Quote from: nmrcngrb on April 26, 2017, 04:30:50 PM

http://imgur.com/a/LdxnK

Nice picture! ☺

zrjawkn

full member

Activity: 203

Merit: 100

Quote from: rehe on April 26, 2017, 04:32:20 PM

I made a research. There is a picture of Xaurum price history from april 2015 until april 2017. All mints are included.
Golden price is calculated: Golden Price = Xaurum ratio * 50$; (average price of 1g gold bar is 50$).

Market price can never drop under the level of Golden price. And Golden price is higher and higher ...
This is uniqe in financial world. This is Xaurum is different.

The only way is UP!

http://imgur.com/JSGhLEF

I hope you gona make new analysis after 1 months....I THINK IT GONA BE MUCH HIGHER

Topic: [ANN] Xaurum [XAUR] - page 126. (Read 326990 times)