Topic: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲1 XAUR = 0.000426686186 g gold▲ - page 14. (Read 111351 times)

Xaurum is quite a big invention as it is in my opinion. RICO is just one of the check points. An important one.
What I believe will happen during RICO:
1. money will be collected from different sources and 100% of it will be spent for gold.
2. because of no.1 the base (gold) value of all Xaurum will increase. A lot, if RICO will be successful.
3. technically they decided to switch the blockchain from Blackcoin fork to Ethereum. They will use this transition for much needed split as well. This is also good for the coin.
4. bigger exchanges will add new coin, so the trade volumes will be as the coin deserves them to be.

As for the roadmap, we need to wait.

15 hours to go before the rebirth.

Other than the splitting 1 XAU = 8000 XAUR, any other new innovations and updates being introduced? A roadmap?

@aetsen

First of all. Everything on this planet is worth exactly that much that someone is prepared to buy from you. For deeper understanding of Xaurum you have to know a few things.

Xaurum has three (3) prices.

1. Golden price - Golden price consists from quantity of gold (in this case 2.26g/Xau) X price of 1g golden card 999.9    Golden price will grow independently of market price of gold, because quantity of gold that represents each Xaurum is growing every single day because of mining, minting, burning, transaction fees,... I think that we do not need to discuss about price of Gold on the long term.

2. Market price - Market price consists from supply and demand like every other asset. If demand is higher than supply the price is growing and the opposite. This is happening on every markets that is why it is called market price.

3. Production price - For me personally, production price is the most important. If minters would like to mint you have to use current market price to put it in coinage formula. But if current market price is lower than last market price that was used for minting, it is considered that the new money supply is needed for demand on markets until the market price reach at least last market price used for minting. Therefore I know that there will never be created any new Xaurums at lower price than before. It the last price used for minting was for example 480$  I value my Xaurums at least 480$ and nothing less. For me golden price is not important for valuing my Xaurums. Golden price is important because it is lifting the "floor" to which can market price drop in worst case scenario if literally everyone would sell coins at the same time, but believe me this will never happen. Try to sell 1Xau on exchange for double of golden price and it will be sold in seconds, so the golden price is not important at all for valuing Xaurum.

If you would like to buy gold, go buy it in and store it in your closet. Open your closet after two years and I am 100% sure that there will be exactly the same amount of it as on the day that you put it in. If you would like that the gold that you have is growing in quantity, then buy Xaurum because I am also 100% sure that there will be more gold in this "closet".

Try to understand that in Xaurum we are not buying/selling gold  but we are buying cryptocurrency that is backed by gold.

  Scam the first time and scam now. The only way the coin holds any value is if people don't sell it. If you melt it you get pennies on the dollar back in small gram sized gold. What a rip off. Just go buy a gram of gold for about $46 and be happy actually having something tangible.

There is no better time to launch this RICO, when the price of gold is reaching new height. 80% increase this year so far.

If You've Get Gold, You've Got Money

Is there any social media bounty for newbies?

The signature campaign they are currently doing is sort of a bounty for those who promote them.  Xaurum has a good value really better than the rest apart from bitcoin.
I don't see why this coin have never been discussed everywhere in the forum.

bounty ?

How?

Join the signature campaign go go go xaurum
any plan to open twitter campaign,dev?

Our signature campaign is now live on https://bitcointalksearch.org/topic/xaurum-signature-campaign-closedbonuses-sent-1548488. If you would like to help us out with the promotion and earn some new xaurum join the signature campaign (1280 new Xaurum payment for 3 weeks, limited to 100 slots), or send us a pm or an email at [email protected], if you wish to contribute in any other way.

For anyone that wishes to help without payment, here are the codes for the signatures:

Here are some facts about Xaurum's first phase, while we prepare for the second.

As we are getting ready for RICO, we have updated our website to www.xaurum.org, we also have a new video, and a paper explaining Xaurum in more detail.

Thank you

The pool is currently closed, it will reopen for mining during the RICO ( Xaurum rebirth ICO), planned soon. There will be links here and on other Xaurum social accounts, both for the announcements regarding RICO and mining.

I would like to know too as in the project web site it says the mine is close until the completion of the RICO.

Is this coin still minable?