Topic: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW! - page 44. (Read 164088 times)

Hi Dev,

Will you be purchasing some yellow metals this weekend? BTW, we are 23000 blocks away from POS mode, all my rigs are currently pointed to this coin.

This would also encourage investors and put the price up

What are the thoughts on publishing sub-miletsones. For instance....

When XGR worth ____ then ____ amount of premine XGR will be used to buy gold
When XGR worth ____ then ____ amount of premine XGR will be used to buy gold
When XGR worth ____ then ____ amount of premine XGR will be used to buy gold

Maybe it would illustrate easier for people how the price rises will be good for the backing

If you are refering the minimum buyback price, then just think about it, buyers and sellers create the price eventually, so if someone believe in XGR then they will buy the coins at a much higher price then the minimum buyback price because they invest for the future when XGR will have more gold then now, therefore the minimum price will be much higher so the market price will be higher too.

I do not see your concerns. If we have less then I predicted that is a good think, less supply means higher price! If you refer to the ratio of total supply at the end of POW and the premine, then yes it is a bit higher, but still, if I sell the premine slowly, then it won't change the market price...

Hi, I appreciate your enthusiasm, but we already done that! I made a promotion campaign on twitter, I hired professionals to do that, we had more then 7 BTC/day volume on allcoin.com, 1 mill XGR daily, I tweeted nice and funny pictures, just check @GoldReservecoin twitter account activity. The community tweeted a lot of messages to them.
They systematically deny all our efforts there. I do not want to kill your energy and I ask you to tweet them and send them messages, find them on irc (freenode, Bittrex), asked them directly to add us!

And of course I have plans if they do not add us, even if we make huge efforts to that direction!

I did get a reply back from Bittrex, nothing special just a standard response. Anyways the response suggests that all they need to see is some community interest in the form of tweets etc. This just needs some promotion and I think there would be a good chance to have them add it.

It's ok to have the concerns. But don't forget, in this case the premine is there to build the gold stock 100%. Even coins that have no premine could be dumped by the strongest miners and the dev could disappear, it's the same situation.

It may be possible to create a floor price, but how will that floor price ever increase?

There will be less than 17m coins mined from PoW, that definitely changes the percentages that were pre-mined.

Not trying to fud, I am actually mining, just have a few concerns, thanks!

Perfect!!! I Think litle bit more promo. Need twitter etc.
Iam 100% in. I need GOLD in my wallet

I've submitted a request to Bittrex to add XGR. I use Bittrex more than any other exchange to trade now. I included a small write up highlighting some of the best features of this coin, having a physical gold reserve account, active dev, and community. I hope this helps getting listed.

Now it is difficult to find a good coin.Looking forward to a better promotion.

Oh, didn't know that. Thank you for clarifying though.

Yes, please contact these exchanges. I appreciate your work.
 

thank you for keeping on top of this coin! when can we expect to see the second round of gold purchase?

Nothing wrong with those exchanges! People asked for Bittrex, that is all. I will contact them immediately, lets see what happens!

Hi, n2nshad0w, good to see you here. But I have to tell you that you are the minority here! Our Community believe in the system I created!

First of all, you are confused about how gold backup works! First of all, at the moment, there is no gold exchange where you can sell 1 XGR and get that low amount of Gold. But thank you for the idea, at a later stage, when XGR will be much more valuable, we will have a Gold Exchange where you can buy and sell XGR to gold, even a tiny fracture like 1 gramm! Great idea, thank you!

Second, yes, there was soo many scams around lately that I am fully understand your doubts! About the buyback program. I do not care who held the coins, and I do not have to know that. At the begining, there will be page on the website where anyone can offer any amount of XGR and I will pay the minimum buyback price for it. So why does it matter who held the coins?? I pay whoever offer me XGR. Simple, simple simple.

By SELLING the premine, I will have enough BTC to buy a big amount of Gold, yes that is the plan. That will give a huge price rise and I can provide further updates, upgrades to the coins, like merchants, smartphone apps, exchange and wide acceptance of the coin to get closer to became a real currency!

Please do say "community" they are real people, who trust me and I am gained their trust by staying here, transparent and pushing my idea further and further even against a neysayers like you!

Please fell free to comment any time, I am happy to answer any of your questions!

So, dev.

What is wrong with exchanges like Swisscex, Comkort and Alcrypt. They are good exchanges. If you ask me they are better than bittrex.

You should ask them to add XGR directly, now that is backed with real gold.

IF this coin was actually backed by gold, I'd be-able to trade the coin for real gold!  But it's not.. Instead you claim it is and hold the gold yourself.  You also claim that if something goes wrong you can buy back in and save us all?  Please explain how this would work: How do you know who holds coins?  How will they all be replaced to those individuals?  By dumping the premine you gain valueable gold, even more valuable the money, while your "community" gets nothing!    

hi

at this moment :NO   but in the futur  YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

more gold every week