Topic: [ANN] Xaurum [XAUR] - page 137. (Read 326990 times)

Staysecure you are writing articles for finance?

  If i would start to shout "staysecure" "staysecure" "staysecure" i would be in handcufs in 30 seconds

I wouldnt take a chance with Jaxx just yet regardless of the export/backup private key. https://github.com/kvhnuke/etherwallet or https://github.com/ryepdx/ethaddress.org are the best choice for cold storage.
Of course make shure you do it via a live linux usb and print them on the dumbest usb printer you can find. So for holding XAUR paper wallets are the no.1 choice.

In the future all this will be much easier when ethereum gets some proper mobile wallets with native ERC token watch support.

Well...if you will be in crystal palace please scream loud your nickname...that is how I will know who you are. 😀

Did you consider to use myetherwallet.com, print out private kay and hold xaurums offline/cold?
If I understand you right this is solution for you...very simple.

Tnx Domen but this week i am fully booked. Maybe just maybe on friday. So much going on but its all good and need to find time as well to drop a few lines for Finance.si regarding Xaurum (if i am not too late yet).

I am going to Crystal palace tommorow afternoon - 5.april . Maybe we can meet each other if you will be there! 🙂

Here is a "newbie" question about storing XAUR offline/cold preffered paper wallet.

I know and have setup already Mist-Wallet-Account-Deposit some Ether... Contracts/Watch contract/Watch token after withdraw XAUR from RICO to ETH address and then you see the XAUR balance on your ETH address.

How would one store XAUR on for example Jaxx. I understand i can sent XAUR to any ETH address but in Jaxx wallet case there is no option to watch a custom token and therefore use Jaxx to sent XAUR to another ETH address. As i understand XAUR are sitting on that Jaxx ETH address and if one reveals the private key for the Jaxx eth pub key and imports it to Mist (that has watch XAUR token setup) those XAUR would be visible on Mist.

If my previous assumptions on Jaxx (export PRV key / import to Mist) are correct is it safe to assume on can generate/print true offline paper wallets for ETH by grabing zips https://github.com/kvhnuke/etherwallet or https://github.com/ryepdx/ethaddress.org , deposit some ETH to those addresses and withdraw XAUR to ETH addresses on paper wallets. After while when ready so spent, trade, redeem gold or transact XAUR, import paper wallet private keys to Mist or whatever grandma friendly wallet that comes in the near future.

I am not a newbie in crypto but with all the frustrations with getting the f...g Mist to download the ETH blockchain i rather have my XAUR offline untill there is a more user friendly solution for ETH based tokens not to mention i have some friends that invested in XAUR RICO and they are counting on me to provide safe storage for the golden blockchain tokens.

Team @Xaurum should also consider keeping the RICO XAUR respository for their clients/investors/users and maybe charge some GAS or XAUR per month/year for the service as its already nicely safeguarded with 2FA and all withdrawals are manually verified before release.

To add i withdrew some XAUR from RICO account to Mist and i really dont feel comfortable having them Mist hot as the Mist is one of the worst gui crypto  wallets i ever used in half a decade.

Congrats to team Xaurum for a great RICO and a great coin and thanks to anyone willing to comment on my "best XAUR offline storage practice newbie type question".

Didnt come by the Xaurum thread for some time now. I see the sceptics and trolls  have vanished finally and folks finally get it that Xaurum is 100%  backed by physical gold.

Congrats team Xaurum keep it up. I really do feel Slovenia. Need to find time this month for a visit to the Crystal Palace 

Based on this data, price of one XAURUM will be higher. Why? beucase there is nothing behind others...pure speculation.

What are your plans for the future, how to expand xaurum ?

Option 1 is clearly the only option for every other coin except Xaurum. Xaurum is the only one with option 2.
More than 70k of demand is coming daily. Investments are being collected. Minting will be processed in a way which maximises the benefits  Xaurum holders.

Given the fact that option one seems very unlikely (unless you have some very strong arguments in its favor ), let's go with option two . Having said that, when do you think these 70k dollars of new demand will come?

More mathematics.


If you look at Xaurum on Bittrex exchange.
There is 72BTC on sell wall for Xaurum to reach the price of 0.03BTC per 1 Xaurum which is approx. 32usd / 1Xaurum.



So what do you want with next 70.00USD of new demand for Xaurum.

1. Xaurum team buys 72BTC worth of Xaurums from Bittrex exchange. Therefore the marketcap of Xaurum will rise to:

90.000.000 Xaurums in circulation X 32USD = 2.880.000.000USD

This means that Xaurum would be listed on third place on coinmarketcap.com, right behind Ethereum.



2. Xaurum team buys for 70.000usd of new gold and create for 70.000usd of new Xaurums.

70.000 USD / 50usd - price of 1g golden card = 1400g of new gold that will be in a vault for LIFE.


Me? I prefer GOLD.

Would it not be better to migrate XAUR to ETC as its block-chain still retains the principles of immutability; which goes hand in hand in hand with the value proposition of gold?

It is not over.

THE RATIO.

What is the ratio?

In mathematics, the ratio is an exact relationship between two numbers.

Xaurum is very simple. It has two variables. Total supply of all Xaurums in circulation and total suppy of gold stored in the vault. Out of this two variables you can get EXACT ratio how much gold there is behind of every Xaurum.

1. I can not stay calm when I see posts stating that Xaurum is not 100% backed by gold. It is not and it will never be. Whoever thinks that it can/will be 100% backed by gold, does not understand it right. What would the price of BTC be if there would be officially announced that there is 300usd of gold behind of every BTC. Still more than 1000usd?

2. A lot of people think that swiss franc is backed by gold. Really? Can you please tell me exactly how much CHF there is and exact how many grams of gold is used for the backing.

3. The crypto world. All cryptos have just one variable and this is total supply of the coin.

Now you see why Xaurum has 0% of premine. Because you can not print gold.

NO GOLD --> NO NEW XAURUM

NOTHING --> NEW SHITCOIN

I am not finished

Xaurum had 2 ICOs.

FIRST ICO - February 2015

- Xaurum was introduced
- 100% of collected money  was spent on buying physical gold for the backing


SECOND ICO - July 2016

- transition from POS 2.0 to Ethereum platform
- split of Xaurum by 8000 - community got for every 1 old XAU -> 8000 new Xaur
- 100% of collected money was again spent on buying gold for the backing

THIRD ICO - XXX YYY

You see the pattern? The money that comes in is used for the community not for the Dev's pockets.

What is the difference between Onecoin ponzi MLM or the shitcoin that can be printed out of nothing? There is NONE.

You know what are the most used techniques for selling Onecoin? WORDS/PROMISES. Platform, algorithm, anonymous, decentralisation, blockchain, smartcontract - nothing that you can touch or see in a real life. Do you maybe find any similarity with the shitcoins that are listed on top 50?

Xaurum uses blockchain technology and one of the most advanced smart contracts just for the easier usage of Xaurum itself, not for selling the stories. No one from the Devs did not mention advanced smart contract  even once. Why? Because it does not matter. Today Xaurum works on Ethereum, tomorrow maybe on something else. You are using paper with some ink on it and you call it money (eur, usd, jpy, aud, cad,...). In the cryptoworld, everyone is trying to sell some space-technology just to sell its own coin.

Totally impressed with the Xaurum!! That's what I was looking for many, many time in the crypto world!! 

Ok, let go another one.

How much do you think that 100MIO usd actually is?

Total marketcap of all coins listed on coinmarketcap.com is USD26,877,877,231.

So:

1. 100MIO usd is 0.37% of all crypto listed

2. 20% of BTC daily trading volume


Xaurum's best positioning on coinmarketcap.com was on 23rd place - at that time the marketcap of Xaurum was 8mio USD. Today, if you would like to be on the same place, you need 28MIO USD of marketcap.

Is it just me, or is there anyone else too, that can not even pronounce all the names of coins listed around 23rd place? What happened that today we are listed on 49th place? Is there less gold behind of Xaurum? No, there is more of it. I call it a BUBBLE .

Do you really think, that you need trillions of different cryptos to live your life? First you need to buy a coffee- it is called Coffee coin, second you need to eat- it is called Food coin, third you need to sleep - it is called Bed coin and so on.

Come on guys? Really???

Ask yourself if something that can be created out of thin air every few seconds/minutes (depends on a blocktime), how can this store value, and how can this be called either a currency or a money?

Would you really buy an Apple share, if they would print new shares every 10minutes?

This is a very good point. Time is working for Xaurum. There are absolutely no limits for price growth, there are obviously gold insured limits to fall and this base price is growing every day.