Topic: [ANN] Xaurum [XAUR] - page 84. (Read 326990 times)
And when can we expect new mint?
Hello.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
Hi.
Xaurum has growing gold quantity backing it. If you bought 100g of gold today, you will have 100g of gold after one year.
If you buy Xaurum for the same money, your quantity of gold will grow with time and will eventually surpass 100g of gold.
Remember, for Xaurum the gold value represents the liquidation price (lowest possible price), market price is higher.
As you can see, your lowest possible price is covered with gold and it grows with time.
When new mint happens, new gold is bought and new Xaurums are issued at production price.
Xaurum is backed by gold inside the range of 20%-30%. Because of this fact, 20%-30% of new gold is spent for backing newly issued Xaurums. The rest of the gold is put in the same stock and increases the quantity of all Xaurum.
Example:
We mint (buy) 10kg of gold, 2-3kg is used for newly issued Xaurum, the rest 7-8kg given to all issued Xaurums and increases the quantity if gold owned by every Xaurum.
Hello,
Here is active link to Xaurum Slack channel
https://join.slack.com/t/xaurum-team/shared_invite/MjEyOTcwMDc3OTM3LTE1MDAyMzAyNjgtNzFiMWFiODJkYw
BR!
Here is active link to Xaurum Slack channel
https://join.slack.com/t/xaurum-team/shared_invite/MjEyOTcwMDc3OTM3LTE1MDAyMzAyNjgtNzFiMWFiODJkYw
BR!
Yes, I do understand "melting" process now, but this consist only of about 25% (roughly) of tokens value:
1 Xaurum = $0.20
(for 1g of gold, today only 983)
>> $0.20 * 983 = 196 USD = 1g of gold
On international exchanges physical gold costs about
39-40 USD per gram of pure gold.
Why anybody could want to pay 196 USD for 1g of gold plus shipping cost
instead of simply buying on local gold dealer and paying
about 45 USD per gram of gold?
I assume that remaining 75% of Xaurum circulating value is somehow derived from
this mystical process called "Golden dividend" to all (
) Xaurum holders – but I could be totally wrong. Please, explain it to me. Thank you.
p.s.
Please share a working slack invitation (old ones probably expired) . Thank you.
1 Xaurum = $0.20
(for 1g of gold, today only 983)
>> $0.20 * 983 = 196 USD = 1g of gold
On international exchanges physical gold costs about
39-40 USD per gram of pure gold.
Why anybody could want to pay 196 USD for 1g of gold plus shipping cost
instead of simply buying on local gold dealer and paying
about 45 USD per gram of gold?
I assume that remaining 75% of Xaurum circulating value is somehow derived from
this mystical process called "Golden dividend" to all (
) Xaurum holders – but I could be totally wrong. Please, explain it to me. Thank you. p.s.
Please share a working slack invitation (old ones probably expired) . Thank you.
One day Xaurums will be worth even more than 196 usd - with golden dividends. Please read the thread, written about hundred times on this topic. I would also like to ask you one q: why would somebody pay $2000 for 1 BTC backed by pure air if you can get it for free atm? But everybody's buying...
Yes, I do understand "melting" process now, but this consist only of about 25% (roughly) of tokens value:
1 Xaurum = $0.20
(for 1g of gold, today only 983)
>> $0.20 * 983 = 196 USD = 1g of gold
On international exchanges physical gold costs about
39-40 USD per gram of pure gold.
Why anybody could want to pay 196 USD for 1g of gold plus shipping cost
instead of simply buying on local gold dealer and paying
about 45 USD per gram of gold?
I assume that remaining 75% of Xaurum circulating value is somehow derived from
this mystical process called "Golden dividend" to all () Xaurum holders – but I could be totally wrong. Please, explain it to me. Thank you.
p.s.
Please share a working slack invitation (old ones probably expired) . Thank you.
1 Xaurum = $0.20
(for 1g of gold, today only 983)
>> $0.20 * 983 = 196 USD = 1g of gold
On international exchanges physical gold costs about
39-40 USD per gram of pure gold.
Why anybody could want to pay 196 USD for 1g of gold plus shipping cost
instead of simply buying on local gold dealer and paying
about 45 USD per gram of gold?
I assume that remaining 75% of Xaurum circulating value is somehow derived from
this mystical process called "Golden dividend" to all (
) Xaurum holders – but I could be totally wrong. Please, explain it to me. Thank you. p.s.
Please share a working slack invitation (old ones probably expired) . Thank you.
Hello.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
Hello!
Everyone who has Xaurums is part of the community and at any given time you can decide to exchange your Xaurums for gold, the process is called melting. So melting exchanges Xaurums for gold according to the coinage ratio at the time of melting. In April you needed 2068 Xaurums for 1g of gold, today only 983, because there is more gold behind each Xaurum after every Mint. The gold is delivered in 1g bars via mail and of course there are some costs of shipping, depends on your location and the amount of gold.
You can find more at this link http://www.xaurum.org/melt.html.
:-)
Hello.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
I have read this sentence:
"This surplus quantity of gold is given to the community as Golden dividend increasing the quantity of all Xaurum"
on xaurumfoundation.com and particularly I can't understand how "gold is given to the community"?
Could you be more specific who is "community" and how it is "given"?
If I hold 100 xaurum tokens - am I a community member?
Will I get this "given" gold somehow (e.g.) by mail?
Who will cover my gold shipping costs?
If actually I won't receive this my "given" gold - but only increase / decrease my/community token supply - this is not actually giving something and certainly not gold.
Thank you for an explanations.
I have some hopes that big volume of Xaurums exchanged recently could also result in different structure of holders. It is obvious that people who are not really into the concept of Xaurum but bought it only as a short term speculation are the ones that were selling. This could make Xaurum more stable and in next two weeks it should became clear if that is the case.
From my point of view, xaurum should try to gain most from August 1st.
If bitcoin owners would buy xaurum coins, that is a total win.
I didnt noticed any xaurum topic on bitcoin forum.. There is a lot of potential buyers..
If bitcoin owners would buy xaurum coins, that is a total win.
I didnt noticed any xaurum topic on bitcoin forum.. There is a lot of potential buyers..
When will the gamma start? How fast can we expect some profit from it?
Right now it is not good to start a project because of the coming bitcoin fork, there's a little bit of uncertainty and you can see it in Bitcoin's price I prefer that the Gamma start a week after August 1 so we can see if it will not hard Xaurum price and development.
When will the gamma start? How fast can we expect some profit from it?
Dear all,
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
We are still here! I guess people don't, have any further questions.... so I don't want to bother for no reason. ☺️
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
We are still here! I guess people don't, have any further questions.... so I don't want to bother for no reason. ☺️
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Where did everyone go? Did you all move to slack?
wre ars still here. Do you have any questions?
Dear all,
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
We are still here! I guess people don't, have any further questions.... so I don't want to bother for no reason. ☺️
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
We are still here! I guess people don't, have any further questions.... so I don't want to bother for no reason. ☺️
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Where did everyone go? Did you all move to slack?
Dear all,
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Where did everyone go? Did you all move to slack?
Dear all,
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Click on the link and join our Xaurum team channel.
There you will be getting all the info regarding Xaurum.
Slack is also perfect for get quick answers.
Join my Slack team! https://join.slack.com/t/xaurum-team/shared_invite/MjEyNDU2NjI5MDk1LTE0OTk4NTY0NDMtMjJmZTU1YjNiNg
All the best!
Hi everyone,
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
With every transaction 0,5 xaur gor to burning(go out of circulation for ever) . What that means? That means that more transactions is happening, less coins is in circulation. But there is still 129kg or more, for less coins. That means growing goldbase for each xaurum that is in circulation. Understand?
And from my point of view the most important thing is that every time new Xaurum is created the value of all existing Xaurum increases. When new Xaurums are created the quantity of gold being bought is greater than the quantity of gold needed for backing new Xaurum. That means before new Xaurums are issued, new gold must be bought. Rough example: In the beginning of april there were Around 90 million Xaurums issued and behind them were around 40 kilos of gold. Today there is around 127 millions Xaurums on the market and pile of gold is aproximatly 129 kilos heavy. In april you needed 2068 Xaurums for 1g of gold, today only 983.
Hi everyone,
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
With every transaction 0,5 xaur gor to burning(go out of circulation for ever) . What that means? That means that more transactions is happening, less coins is in circulation. But there is still 129kg or more, for less coins. That means growing goldbase for each xaurum that is in circulation. Understand?
Yes, Xaurum is in good hands. They only need a little better online presence. They are very strong in their offline marketing and promotions. They run regular weekly meetings and everything. If they push their online presence even more and attract more of the crypto community into investing this coin's price should flourish.
Well I haven't said anything new. This same goes with every altcoin. The ones with strong cooperation with the community always attract positive investors, even projects that aren't very promising. Xaurum is very well formed and an interesting unique concept. I like unique ideas :-)
Well I haven't said anything new. This same goes with every altcoin. The ones with strong cooperation with the community always attract positive investors, even projects that aren't very promising. Xaurum is very well formed and an interesting unique concept. I like unique ideas :-)
Hi everyone,
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?
Respect for price putting up with buy's
this is serious dev team and community
this is serious dev team and community
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