Hello!
In this post we will address some issues pointed out by passenger13 and Mp777.
Firstly we would like to bring to your attention, that clients who buy Xaurum via masternodes have two options: one is production price and the second one is market buy. If clients decides to buy it via market price, we get their Xaurums from market.
All the money invested at production price is or is going to be spent for purchases of new gold and production of new Xaurums. Mint can happen when certain conditions are met, and when the mint is in best interest of Xaurum community. The similar situation (longer period without mint) happened around new year, and the results afterward showed that Xaurum team always works in best interest of community. Surely raising the market price for speculators is not teams priority.
Masternodes are people with the biggest number of Xaurum in the world, so it is wise that they operate in best interested of Xaurum. Auresco Institute pays close attention on how the business and other transactions inside Xaurum ecosystem are made. Regular revisions of all of our business subjects show that all procedures were and are conducted on the high moral, ethical and legal standards.
Since Xaurum is sold via registered companies all the bussines procedures and cashflow can be revised by legal entities and at the end of the year like any other company they will have to report the profit and turn in the tax report.
Once again we would like to point out that Xaurum is not a typical cryptocurrency, it combines best form two worlds: blockchain technology with reall asset (gold). It is presented like a long-term investment and should be evaluated as one.
Thank you for your time and comments,
Best,
XaurumQA
Thank you QA for the answer. You made my point even more plausible. Since the master nodes hold the most coins and they work for the best of the community they actually work for their own best. The masternodes are loaded with money and they don't care if the price drops for a year or two. What about regular people? People that need the money now? Are they not important? Apparently not...
We even had a FB chat for xaurum and they closed it down, because "it was to negative"... "People were complaining to much"... Ask yourself why! Complaining is not allowed. Ofcourse there were complaints, people were buying for 0.30 and the price now is 0.14... And masternodes are refusing to do the mint, for the good of the community. Was this really your statement? Rich should become even richer and the poor... They are just not important for the community...
I know I'm a bit exaggerating but you see my point. The result does not justify a way.
Even if I wanted to rewise all the cashflow of the company I couldn't track income for production of xaurum and other incomes the company has. There is simply no way to prove the whole money goes to buy gold. Your statement was only political... You can not prove it and I can not prove the opposite. It is again "trust us".
Can you give us more details on "long term investment"? One year, ten years, twenty years?
I hope one day I could shake your hand and appologize to be such a pain in the neck... But as far as I see it now, things will go from bad to worse. We get only promisses. Energy is lost for some not worth projects (xaurum buy on the petrol station with very high commission). Who will use that if you can transfer money to master node directly? ICO that will never get enough funding unless master nodes pay some millions into it...
Few pages back this forum was ful of "summer is bad", "just wait for September"... Today it is the 14th of September and the things are even worse... I hope I'm not ofending anyone but please take one step back and make a crytical assesment of the project and where it is now. I'm afraid you lost the compass.
