Topic: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW! - page 61. (Read 164088 times)

I think XGR is undervalued and the low price is because people dont know about it. After some bigger exchange accepts it, the price should increase to totally new levels. Of course the dev has to work hard and community must help, but with hard work XGR can be one of the biggest.

so basically the growth of the coin has been over estimated and that only when it reaches a certain price you will sell and buy the gold??? what if it doesn't reach that goal price? 

Hey dadon!You've just missunderstood me! I do not intend to sell the premine right now!! I can assure you I have an exact price target and price is not near to that! I said I start selling the premine when we are in a bigger exchange (but I forget to add that I will sell over a certain price).

I do not want to share what my target price is because that will affect the market, but still have to say it is much much more higher then the price now at.

And about the 3 BTC, it will be only a fraction of the premine, but when I sold that much I will buy gold immediately.

Hope it cleared the air a bit!

What time can mint on the net?

well, on the one hand side when you put a large sell order (which would be the case) the market could not move up when there's not enough interest to buy the sell wall. on the other hand side when there is more Gold in the account this could boost the price upwards.

Difficult to say what will really happen at that point then ... we 'll see! 

why not stake the 80% therefore not only protecting but also giving the currency strength, the 10% stake interest you would earn on the 80% of the premine would be a massive amount, so why not sell the interest you earn from staking once a week, every transaction would boost the market, would it not?

dadon,

words to think about! Thanks

bro....forget about selling the premine right now..get some other shit happening..when people see you developing the price will go up, you will get more btc and more gold 3btc is going to get you like what..less then an oz..i'm a firm believer that gold will go to 10k an oz one day and silver 1k( and i hold almost 100k of silver so i'm right into the precious metals) develop man..forget about selling right now...the price is way low..a bit of development can can make it rise a lot..your a fool if you sell the pre mine now and you will kill your whole idea..and i just bought up 150k of your coin the last few days because i have faith and plan to buy another 200-300k over next week..so i' this coin..but do not sell the m just saying..i love the idea of this coin ..but do not sell the pre-mine yet..lets get promoting..developing..there is an exchange being built that is backed by gold..the first coin backed by gold should be the first coin accepted on the first crypto exchange backed by gold..don't you think?..3btc is a piss weak amount of gold..we at what?..300sat right now we can easy raise it 10x with a bit of promotion..a bit of promotion and some more development more..don't sell man..your shooting your self in the foot...but your the boss..this is just my opinion.

Hi, for me to prepare the backing up process, it is crucial to get on a bigger exchange. Premine is a lot of XGR and I do not want to disturb the market when I sold them, so it should be a longer process, around a week while I can sell all of them. But of course as soon as I get a reasonable amount, lets say around 3 BTC I can start the backup process, which means I can buy the gold and give details on the gold account and minimal buyback price, etc., and that will be the point when GoldReserve will skyrocket!

About larger exchange: I have a solution how to get on a big exchange. I am working on that every day to reach that. I hope that in this week that will became a reality.

But while we are waiting to that, please don't forget to tweet something about XGR and Bittrex, and vote on Poloniex! Getting on more exchanges is crucial for the backup process!

About the price: Last week it was around 250 sat and 0,6 BTC volume, now it is over 400 sat and 1,9 BTC volume! We are more and more attractive to investors and daytraders which is at this point a very good thing!

I have to assure you that I am serious about this coin, I won't dissapear and I keep the interest of the investors in the first place!

you must enter an additional percentage from operations to replenish the reserve, users will know that this percentage raises the price of the coin.

Hi Dev just after an update, obviously we are all waiting anxiously after the recent drop in price, is there anything happening to back up the coin? not to be pedantic  but as milestone 1 says approx 2-3 weeks premine will be sold, now i know we have only just passed the 3 week mark and we don't expect you to act bang on 3 weeks but if you could maybe give us some kind of update like if you have made arrangements on a set date to buy the gold, have you had any feedback from bittrex to say when we will be on etc, even you cashing the premine will give the market a gook kick up the ass, there are a lot of people backing this coin and it would be very disappointing to see it flop, thanks

Is it normal? in blockexplorer look like this:
Balance: 4343.3431877 XGR
Transactions in: 93
Received: 5805.89621825 XGR
Transactions out: 46
Sent: 1462.55303055 XGR

I think they come from staking! When coins are staking they are moved.

I never send a single xgr, but there's so many tx out when I check block explorer.
Could someone explain this. 

If you want on bittrex get tweeting!

+1
design is very poor

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