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Topic: [ANN] Xaurum [XAUR] - page 14. (Read 326990 times)

newbie
Activity: 10
Merit: 0
February 02, 2018, 02:53:48 AM
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?


You wrote: "...and a mint can only happend if the price increase."

This is not correct, the mint can happen regardless on the price. Maximum 30% of money will go to market buy the rest for new gold. New mints will happen as soon as new "payment ways" for Brazil and Australia will come to life.

I think the team will not wait anymore for the price to increase.

with their spread when buying gold, of course minting is to expensive...

Xaur team - maybe you should learn from this graph - this is how I believe Xaur should be acting when market is volatile...

http://shrani.si/f/1J/ZR/SczDR2E/dgd.jpg

maybe you shudln't concentrate so much on MLM (which I guess is profitable only for you and not token holders) but on smart PR and opening new exchanges

full member
Activity: 203
Merit: 100
newbie
Activity: 62
Merit: 0
February 01, 2018, 08:04:28 AM
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?


You wrote: "...and a mint can only happend if the price increase."

This is not correct, the mint can happen regardless on the price. Maximum 30% of money will go to market buy the rest for new gold. New mints will happen as soon as new "payment ways" for Brazil and Australia will come to life.

I think the team will not wait anymore for the price to increase.


The only concern is that it will only happen in September ...
member
Activity: 92
Merit: 10
February 01, 2018, 07:32:08 AM
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?


You wrote: "...and a mint can only happend if the price increase."

This is not correct, the mint can happen regardless on the price. Maximum 30% of money will go to market buy the rest for new gold. New mints will happen as soon as new "payment ways" for Brazil and Australia will come to life.

I think the team will not wait anymore for the price to increase.
sr. member
Activity: 429
Merit: 250
February 01, 2018, 06:55:32 AM
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?


Ponzi?What do you mean. I think xaurum is great project with increasing gold base, not just thin air, price will go up, just stupid people are selling xaurum now.
newbie
Activity: 53
Merit: 0
February 01, 2018, 06:01:22 AM
The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?

I really like this project, but it also sounds to good to be true. Ponzi ?

member
Activity: 109
Merit: 10
February 01, 2018, 05:45:15 AM
Thank you very much.
newbie
Activity: 18
Merit: 0
February 01, 2018, 05:22:41 AM
My question to XaurumQA, please answer it since I've been asking this question several times again and again?

Market price is below production price, we know that without a mint, market price will hardly go to production price. So no mint no price increase? How to cut this circle?

I guess mints need to start, there is for sure enough money. Why the team is waiting so long. Mints are the core of the project.

Please don't ignore those questions, please....

Hello!

Your questions have been answered just few pages ago on page 206.

Minting will start the moment we enable easier transactions (from Brazil and Australia). Since there was no mint for past few months and the price on the market was considerably lower we enabled the option of market price purchase. Via this type of orders we managed to sell more xaurum than we did in times when sales were made at the production price. But only when xaurum is sold at the production price that means there is money available for minting.

We are currently working on two possible solutions that will enable easier cash flow from other continents to Europe. We will keep you posted with the development. 
member
Activity: 90
Merit: 10
February 01, 2018, 04:15:58 AM
Very good plan for future but price is falling, falling and again falling.. hope mints start soon and we rise the price. Not fair that xaurum is so cheap.
full member
Activity: 203
Merit: 100
February 01, 2018, 02:55:28 AM
That's really good to hear so much development! I like Xaurum team since they work in silence and when they publish something, they publish real things.
It is true that there was a lack of information between team and investors, but I believe Xaurum team is trying to improve  communication announcements what is alredy been seen in last few weeks.
Yes that s very good...they know what they need to do better. Go Xaurum.
newbie
Activity: 27
Merit: 0
February 01, 2018, 01:24:50 AM
That's really good to hear so much development! I like Xaurum team since they work in silence and when they publish something, they publish real things.
It is true that there was a lack of information between team and investors, but I believe Xaurum team is trying to improve  communication announcements what is alredy been seen in last few weeks.
full member
Activity: 138
Merit: 100
January 31, 2018, 06:45:14 PM
So many news in a few days. Wink
But and you could, after all, have been publishing them for a long period of development, and not to unload the pack news, for one day.
sr. member
Activity: 429
Merit: 250
January 31, 2018, 05:06:03 PM
Nice development of the project. nice to see that things are moving in the right direction.
member
Activity: 92
Merit: 10
January 31, 2018, 01:50:53 PM

in February Xaurum team will get three new members: Project manager, PR manager and Social media manager


Can I say finally? Smiley

Good decision team and thank you for the report, I appreciate it.
member
Activity: 109
Merit: 10
January 31, 2018, 12:51:58 PM
My question to XaurumQA, please answer it since I've been asking this question several times again and again?

Market price is below production price, we know that without a mint, market price will hardly go to production price. So no mint no price increase? How to cut this circle?

I guess mints need to start, there is for sure enough money. Why the team is waiting so long. Mints are the core of the project.

Please don't ignore those questions, please....
hero member
Activity: 550
Merit: 500
January 31, 2018, 11:05:28 AM
30 Days Overview

Here is the list of things that team worked on in January 2018 and some other important milestones. Some of projects have already been accomplished, others are still in development phase. Read the list below:



-   preparation of executive summary of the Xaurum project in a form of ONEPAGER including the ROADMAP 2018 (published previous week: https://xaurum.org/onepager.pdf),

-   preparation of a 5 YEAR XAURUM GROWTH PROJECTION (published previous week: https://xaurum.org/growth-projection.pdf),

-   FORBES pointed out Xaurum as one of top 5 cryptocurrencies to watch in 2018 (read the article: https://www.forbes.com/sites/julesschroeder/2018/01/09/millennials-heres-how-cryptocurrency-could-transform-your-future/#6181d5519b35),

-   Partnership with Bitins ltd is now official. Xaurum can be purchased on more than 300 new locations. (Read more: https://medium.com/@xaurumofficial/buy-xaurum-on-more-than-300-new-locations-31dd7ec1faf1),

-   For Bitins project there was a special webpage developed, that will have some additional cool features, that will make purchases of Xaurum all over the world even easier in the future (updates on this matter will be revealed at the end of Q1 of 2018),

-   in February Xaurum team will get three new members: Project manager, PR manager and Social media manager,

-   Xaurum is in contact with several opinion makers interested in promoting and writing about Xaurum project including journalist from another major magazin,

-   in last 30 days Xaurum posted over 100 posts on different social media including articles on Medium,

-   official webpage Xaurum.org was updated with audit section, where you can follow daily updates from Loomis International storage house,

-   official webpage was translated into Slovenian, Portuguese, Spanish. Translation into German and French are next to follow,

-   2 Xaurum official videos are in last stage of production and will be published as soon as they are finished,

-   in February news about Xaurum will be spread over more than 70 chat platforms and forums,

-   We are in the early stage of Xaurum dashboard development which will be great addition to the official site serving live data and calculations, first meeting with developers just ended,

-   next development project after the Dashboard is Goldmine,

-   video interview with leaders will be published in February,
 
-   Xaurum negotiated a listing od decentralized Idex exchange,

-   Xaurum team hosted events in Serbia, Croatia and of course Turkey where Xaurum leadership from all around the world gathered to be present at auditing of the physical gold stored in Loomis. Read the article here: https://medium.com/@xaurumofficial/xaurum-gold-gold-xaurum-69ea549fdcf8 , or check the video here: https://www.youtube.com/watch?v=BTuwPEXSpUY&t=1s,

-   phone app for android is in the last phase of final testing and if there will be no technical issues it will be released shortly,

-   Xaurum entered 2018 with new alliances in  Portugal, Brazil, France, Malta, Poland, Netherlands, Australia, Turkey …



Follow us on:

Twitter: https://twitter.com/XaurumOfficial
Facebook: https://www.facebook.com/xaurumofficial/
Instagram: https://www.instagram.com/xaurumofficial/
Medium: https://medium.com/@xaurumofficial


member
Activity: 142
Merit: 10
January 31, 2018, 10:39:27 AM
I have some questions about Xaurum. I see the gold reserve is audited and transparent, and that the project was mentioned in Forbes. I like the exponential growth of the gold reserve. However, are there technical details available on the minting of new Xaurum and the compensation of the members of the team or Auresco Institute? I'd like to see specifics so that every dollar can more or less be accounted for. The issue with the whitepaper is that it does not go into specifics or break down the minting process.

It would be nice if the process of minting could be fleshed out or at least be made easier to understand for the common investor. For gold investors, money supply is paramount.

What is Mint?
When an event Mint happens, new XAUR are issued and gold is bought for commonwealth, but there is significantly more new gold than new XAUR so all the "extra" value is divided between existing XAUR, therefore increasing the value of the whole currency.

Auresco Institute is covering all its economic activites by rebate on gold, like stated in whitepaper.

Hope I answered your questions. If you have some more, please ask.
full member
Activity: 392
Merit: 105
January 31, 2018, 07:40:32 AM
Yeah... but how can the price goes to 0 if there is around 6 cents of gold behind each xaurum. Only stupid people wolud sell their coins under this price. Correct me if I am wrong...

You are right but I can´t understand people selling xaurums so cheap 0,13 $
[/quote]

The price is stable at this level, but I think it will soar in the near future. And we are waiting for a great future.
hero member
Activity: 756
Merit: 505
January 31, 2018, 06:39:07 AM
XAURUM 5 YEAR GROWTH PROJECTION is seems to be a good project.  Good luck. Wink
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