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Topic: [ANN] Xaurum [XAUR] - page 213. (Read 326990 times)

hero member
Activity: 1036
Merit: 504
July 20, 2016, 06:44:58 AM
I am going to send the Translation of Mandarin Chinese to my wife to send to you via pm as she was dealing with this project so then you can post it. I couldn't do the image stuff so we will send you the text is that alright by you? I like this project and we will most probably invest also here.
hero member
Activity: 550
Merit: 500
July 20, 2016, 06:32:48 AM
Ok this is simple method to register and deposit BTC and we shall get the xaurum once the ICO is over. Can anyone tell me is there any minimum limit or we can deposit any amount of BTC like 0.01 etc ?

There is no minimum limit (except the transaction fees of the cryptocurrency).
hero member
Activity: 798
Merit: 500
July 20, 2016, 06:00:25 AM
I don't understand how Xaurums' inflation can be profitable.
As I understand it most of the new coins goes to an organization which sells the coins to buy more gold. So as long as the coins are being traded above gold price the additional gold will be split among all holders.
So if 1 XAU is worth 1g of gold and they sell it for 1.1g of gold then the remaining 0.1g of gold will be added to the gold store. Now every coin would be worth 1.00000001g of gold instead of 1g.
This is ofcourse only an example.

Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

The prices are not fixed but are determined every 3 days.

To buy go here https://rico.xaurum.org
Create an account and deposit BTC, ETH, Lisk or XAU.
Once the Rico is over and the wallet is released you can withdraw them.

Ok this is simple method to register and deposit BTC and we shall get the xaurum once the ICO is over. Can anyone tell me is there any minimum limit or we can deposit any amount of BTC like 0.01 etc ?
hero member
Activity: 658
Merit: 500
July 20, 2016, 05:27:19 AM
I don't understand how Xaurums' inflation can be profitable.
As I understand it most of the new coins goes to an organization which sells the coins to buy more gold. So as long as the coins are being traded above gold price the additional gold will be split among all holders.
So if 1 XAU is worth 1g of gold and they sell it for 1.1g of gold then the remaining 0.1g of gold will be added to the gold store. Now every coin would be worth 1.00000001g of gold instead of 1g.
This is ofcourse only an example.

Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

The prices are not fixed but are determined every 3 days.

To buy go here https://rico.xaurum.org
Create an account and deposit BTC, ETH, Lisk or XAU.
Once the Rico is over and the wallet is released you can withdraw them.
full member
Activity: 243
Merit: 100
July 20, 2016, 05:24:38 AM

[/quote]
To get a hint on how much the price of a XAUR will be, you can divide the current price of a XAU by 8000.
[/quote]

That would be true only if 0 (zero) funds would be invested during RICO.
The price will moon when XAUR is available to trade. Especially if Bitrex or Poloniex add it.
hero member
Activity: 1344
Merit: 656
July 20, 2016, 05:16:33 AM
Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

Hi,

During the RICO, you mint XAURs (that's the only available operation), minting has a cost:

Xaurum RICO begins

At the moment xaurum price is 454,13$ , the average price from the announcement to today, that will be used for RICO minting was determined as 428,4$. This means, according to the Xaurum coinage formula, the minting price during the RICO would be 291,07$ for old XAU, considering the splitting, this means the minting price of new xaurum will be 0.03638375$ per XAUR.

So you deposit crypto (BTC, ETH and/or LSK) or fiat (USD, EUR, RUB and/or GBP) and tomorrow at 12:00 CET, the first mint will take place, afterwards, a mint will take place each 3 days. You'll get your share of XAURs from the mint depending on how much you invested (as I understood it).

You can also deposit XAU (the old) which will be directly converted to XAUR (1XAU = 8000XAUR).

Some additional information on the RICO:

We ask all old Xaurum users to use the rico.xaurum.org page to exchange the old Xaurum for the new. The new funds, that will be used for minting, will be collected and minted on 3 days (first mint will be Thursday, 21th of July at around 12.00 CET).
Once the RICO is over, minting will only be available to masternodes (you must have 8 000 000 XAURs to qualify for that), mining, buying and selling of XAUR will be available.

To get a hint on how much the price of a XAUR will be, you can divide the current price of a XAU by 8000.
hero member
Activity: 798
Merit: 500
July 20, 2016, 03:31:16 AM
Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?
legendary
Activity: 1146
Merit: 1000
July 19, 2016, 11:11:26 PM
I don't understand how Xaurums' inflation can be profitable.
hero member
Activity: 1974
Merit: 592
July 19, 2016, 06:17:41 PM
I like IT, i'm in I already oin twitter,blog post,signature,translate

 Wink Good Luck All
hero member
Activity: 550
Merit: 500
July 19, 2016, 03:57:38 PM
i see ETH & LSK are also accepted as crypto-currencies in the RICO - what is the exchange rate like to XAUR? is it first changed to the BTC/USD rate then then to XAUR?
We're selling all cryptocurrencies continuously, and will publish much each was worth in USD after each mint.


We're happy to announce that the contract with Loomis is signed, and the open digital account is now confirmed. As soon as Nadir relocates our gold reserves to Loomis, everyone will be able to check the quantity of gold, we hope this to be during the event.


So far, we have collected:

- 291,788.61 USD  in fiat currencies,
- 43.21553707 BTC
- 325.89454884 ETH
- 6054.96652511 LISK

and exchanged 5192.91343374 XAU for 41543307.4699 XAUR.
full member
Activity: 243
Merit: 100
July 19, 2016, 03:52:54 PM
Wondering how this one will process after a few failures

Failures?

yes other ICO failures, i mean... lets hope Xaurum will be a success

I guess people are getting tired of devs selling them air and empty promises. This ICO is already a success. Already cca. 6 new kilos of gold - after a good day. This gold is owned by investors - not devs - and is increasing the base price of the coin.
The price increase after first mint will be interesting. Can't wait.

... and 10 more days to go :-)
legendary
Activity: 1120
Merit: 1000
July 19, 2016, 03:48:02 PM
Wondering how this one will process after a few failures

Failures?

yes other ICO failures, i mean... lets hope Xaurum will be a success
full member
Activity: 243
Merit: 100
July 19, 2016, 03:46:10 PM
Wondering how this one will process after a few failures

Failures?
legendary
Activity: 1120
Merit: 1000
July 19, 2016, 03:43:38 PM
Wondering how this one will process after a few failures
hero member
Activity: 502
Merit: 500
"Highest ROI crypto infrastructure"
July 19, 2016, 03:28:18 PM
the price is perfect for a xaurum.i will have for the near future

yes the price is really good and XAU is also mooning, this will be exiting till rico end
hero member
Activity: 868
Merit: 501
July 19, 2016, 02:42:32 PM
the price is perfect for a xaurum.i will have for the near future
hero member
Activity: 882
Merit: 500
Everything you want, is everything you need.
July 19, 2016, 02:02:15 PM
i see ETH & LSK are also accepted as crypto-currencies in the RICO - what is the exchange rate like to XAUR? is it first changed to the BTC/USD rate then then to XAUR?
hero member
Activity: 1344
Merit: 656
July 19, 2016, 01:10:19 PM
Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

Here it is https://bitcointalksearch.org/topic/xaurum-twitter-campaignclosedbonuses-sent-1554708.
hero member
Activity: 658
Merit: 500
July 19, 2016, 11:00:36 AM


If a coin is backed by gold, does this mean that a whale can't drag the price down if they dump about thousands of it?

Interesting a coin backed by gold, count me in. And i join the twitter campaign later on.  Smiley

Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

It is usually trading above the gold price because it also grows in value. It can only be dumped untill it hits the gold price. If they dump the price lower than that they are giving money away, as they would have been better of taking the gold and selling it.
sr. member
Activity: 350
Merit: 250
July 19, 2016, 10:51:18 AM
Few questions

1) What's the benefit of buying now instead of last day of the RICO?
After minting, Xaurum ratio will increase, this means the base value of each xaurum will increase, and will consequently be more costly to create. Nobody can know how much more the cost will increase in advance, yet it is certain to increase, as it depends on the number of funds collected and number of new xaurum coined. After the first mint, a new minting price will be published.



Very informative.
i have some XAURUM and that was one of my main questions.
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