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101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: May 09, 2017, 06:55:36 PM
Xaurum Mint XX:

Mint market-buy: 0 BTC

Gold increased: 14000.00000000002  g
Xaurum issued: 6299582.133486496  XAUR
Xaurum Ratio: 0.0007288198894566714
1 g can be melted for: 1372.0811059993036  XAUR

Total Xaurum money supply: 110299028.08570445 (total fees not subtracted)
Total Xaurum gold reserves: 80388.12545660141 g

New production price:  0.2051 $

Wow, biggest minting yet! Over $550kusd worth of gold added to back Xaurum! Are these mints supposed to grow exponentially?


The growth of mints should follow the expansion of the project - it should be exponential. We have just started...

IMPORTANT:
The value of gold for Xaurum holders of this last mint is much more than 550k USD. Since we have all gold nominated in 1g bars, the value of last mint is approximately 14.000g x 50 USD/g = 700.000 USD.
102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: May 04, 2017, 03:47:26 PM
What is the current total dollar value of the gold currently backing your $18 million CAP.

I'm trying to ascertain if XAUR will be able to maintain something close to its current value even during a significant BTC correction. Thanks

Quote
Total Xaurum gold reserves: 66388.12545660192 g

$2632284.2usd


1g gold bar can never be valued the spot gold price. 1g gold bar is always more expensive.
All Xaurum gold is nominated in 1g 999,9 LBMA gold bars.

take a look at ebay prices: http://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR0.TRC0.H0.X1g+gold+bar.TRS0&_nkw=1g+gold+bar&_sacat=0
103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 28, 2017, 05:22:36 PM


When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.


we understand this all 

but what have we from that investors of XAUR  which we boutght on market?

Where this golden dividend goes? how we feel that quantity of gold owned by every single Xaurum?

Or is there just price for us that matters?

thanks for answers!

Again (please take some time to think and understand this):
All xaurum are equal.
The gold is owned by all xaurum holders. It does not matter how you buy your Xaurum.
The quantity of gold owned by every single Xaurum is equal per Xaurum.
When dividends are given they increase the quantity of gold for every single Xaurum on the market.

104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 28, 2017, 10:42:40 AM
Hello. I have one question...Does anybody know how is the new gold divided in gold for new xaurums and in gold for backing the existing xaurums? Is there any rule for this? For example...60% of gold goes for new xaurums and 40% of gold goes for existing xaurums.

Thank you for the answer already in advance😊

Simplest way to understand:
All Xaurum are equal. There are no new and old Xaurum. There is no split.
When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.
105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 11, 2017, 02:11:12 PM
Xaurum Mint XVII:

Mint market-buy: 14.2 BTC

Gold increased: 3643.1028037383207  g
Xaurum issued: 2515276.2074904656  XAUR
Xaurum Ratio: 0.0005095521631875713
1 g can be melted for: 1962.5076140279084  XAUR


Total Xaurum money supply: 92825563.71964474 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 47299.466792450716 g

New production price: 0.1309 $

Golden dividend at last mint was 2428 g of physical investment gold.

Translation of above statement:
At last mint we used 1215g out of 3643g of gold to back newly created Xaurum up to required level.
The rest of the gold (2428g) was rewarded to community of Xaurum holders.
Xaurum holders received 2428 g of gold in gold - Golden dividend (appr. 128684 USD in dollar value).
Golden dividend per 1000 XAUR was appr. 1,39 USD. This is more than 1,1% of dividend from just last mint.
106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 07, 2017, 09:19:23 AM
the Xaurum foundation video is too centred on "feel good" marketing and hardly any focus on how xaurum actually works. that video might help attract the casual investor who invests on emotion , but does little or nothing to attract the more rational tech-savvy investor. It's defo not something I can forward to any of the investors I know in fintech.

there needs to be a video that explains how it all works and how the xaurum enterprise is organized in more detail.
a tutorial style video that covers:
1. how to invest (whether buying on echanges or buying from masternodes  and how)
2. how the gold supply grows (must go into the specifics)
3. what legal guarantees protect the investor (show whatever documentation or relevant law or regulation might reassure the investor.)

btw I have a little investment in Xaurum. I've kept an eye on the project since day 1 and observed how the team conducted itself and their determination to grow the business . they could have sailed in the sunset long ago but they're instead opening new offices, sorting out all legalities, and always striving to improve.
Xaurum has enormous potential, lets make it happen!

First video is "image" video. It had to be done first.
In near future we will produce videos explaining Xaurum specifics including the questions you specified.
We have come a long way and built a strong foundation for future. Now its time to grow.
107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 06, 2017, 08:46:25 AM
Hey Guys!

I would like to know when can we expand the info about Xaurum on the Asian and Indian market?

I have a lot of people very interesting there to buy Xaurum through mint....Can they already send money to buy Xaurums??
 
They are mind blowing by the concept of Xaurum.

Thanks for Info!!  Wink

You can contact the Masternodes (GoldenNode or Aragorn) and arrange the investment.
Contacts are on http://www.xaurumfoundation.com/
108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 03:54:26 PM
More mathematics.


If you look at Xaurum on Bittrex exchange.
There is 72BTC on sell wall for Xaurum to reach the price of 0.03BTC per 1 Xaurum which is approx. 32usd / 1Xaurum.



So what do you want with next 70.00USD of new demand for Xaurum.

1. Xaurum team buys 72BTC worth of Xaurums from Bittrex exchange. Therefore the marketcap of Xaurum will rise to:

90.000.000 Xaurums in circulation X 32USD = 2.880.000.000USD

This means that Xaurum would be listed on third place on coinmarketcap.com, right behind Ethereum.



2. Xaurum team buys for 70.000usd of new gold and create for 70.000usd of new Xaurums.

70.000 USD / 50usd - price of 1g golden card = 1400g of new gold that will be in a vault for LIFE.


Me? I prefer GOLD.

Given the fact that option one seems very unlikely (unless you have some very strong arguments in its favor Smiley), let's go with option two Wink. Having said that, when do you think these 70k dollars of new demand will come?

Option 1 is clearly the only option for every other coin except Xaurum. Xaurum is the only one with option 2.
More than 70k of demand is coming daily. Investments are being collected. Minting will be processed in a way which maximises the benefits  Xaurum holders.
109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 10:42:43 AM
Hello guys.

I have one interesting question. How much do you think bitcoin would be worth if every day you would own more pyshical gold? And I mean just to have it. I think 100k USD.

This is a very good point. Time is working for Xaurum. There are absolutely no limits for price growth, there are obviously gold insured limits to fall and this base price is growing every day.
110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: February 23, 2017, 09:56:41 PM
As promised the video - "image video" - is here.
The video is targeted to people outside Crypto world and please judge it as such.
Hope you like it.

This is the first in the series of video. Next ones will be explaining special Xaurum features and advantages.

Take a look at the video and Subscribe to our Youtube channel.
https://www.youtube.com/watch?v=Xy4mX9_iRvw&t=7s
111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: February 06, 2017, 03:07:56 PM
Almost no volume here, what is wrong? How can so tiny daily less than 50 BTC volume supports a 7 million market cap? Insider trading and massive premined, I can't find another reason to explain.

There was no premine.
Xaurum market cap is supported by physical gold owned by Xaurum holders. Most of the holders are not selling.
Please read more about the coin to understand it.
112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: February 02, 2017, 12:25:52 PM
a video explaining how it all works would be most helpful.


Is there any date when the videos come?
Image video is in production. Dead line is 3 week of February.
It will soon be followed with videos explaining important Xaurum features.


Can you please lay out the mathematical details about how these percentages affected the last mint (to which numbers was the 30% applied, to which was the 70%, etc.)? Thank you.

Every mint is split into merket-buy (max 30%) and gold purchase (min 70%). Market buy is smaller if there are not enough Xaur up to production price. If market price is bigger than production price there is no market buy (the whole amount goes into gold) and the minting price is market price.
Please calculate the exact numbers for different scenarios on your own.
113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 31, 2017, 10:00:24 PM
A nice project indeed! As far as I know it, it looks a pretty nice and promising cryptocurrency.

I just don't understand the minting. I have been reading posts from the beginning and I know how the system works. But how is it possible that new coins are minted if the demand for them is not reached - meaning that the price on markets hasn't reached the minting price, and yet there are new coins minted? Am I missing something? Shouldn't be coins below minting price bought before the new mint?

Masternodes are obligated to mint every investment they receive. In last two cases they minted the investments from people outside crypto. Minting process has 30% maximum market buy-in and 70% minimum of gold purchase. In last two cases 30% was not enough to reach Production price and this is also part of the reason that Production price did not change.
114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 31, 2017, 09:53:58 PM
I have a question to ask why XAUR has so big market cap which is over 8 million usd, but its trading volume is so tiny compared to the market cap, does the dev team hold the most part of total coins? If people hold most coins, they should trade it more often.

I don't think the developers have huge amount of tokens but my concern is that the project seems to have stalled in away, the excitement is not there again and has not been able to build on its community support it got during the last ICO. The team need to do something about this

We had to take some time and take the time to prepare for the next stage of Xaurum development - world wide expansion. We have established a stable, scalable and legal infrastructure (Xaurum foundation, 2 masternodes, Auresco verification, new representative offices).
Please check www.xaurumfoundation.com for more details.
We have also developed new products for Xaurum investors which will be announced shortly.
Xaurum is mostly happening outside crypto. It uses the best of crypto functionality (blockchain, smart contract, ...). Investors are people that usually know nothing about crypto but they understand gold and its growth per each Xaurum.
Masternodes are now set up and are starting to work 100%. Results will be seen soon also in crypto world as bigger volume and buy demand.

So, the period of intense internal organisation is ending. We are entering next stage very well prepared.
It would be great if we also get your support for all our activities.
115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 31, 2017, 10:36:21 AM
Xaurum Foundation

We are proud to announce the establishment of Xaurum Foundation.
We are fulfilling one of our new year’s promises by strengthening and improving our infrastructure for the expected increase in business activities.

Xaurum Foundation is an umbrella organization acting in the best interest of all Xaurum holders.
It is responsible for marketing, education, expansion and legal conformity of our project.
The team in Xaurum Foundation is experienced and dedicated to Xaurum success.
All of the members are also major Xaurum holders, so their interests are aligned with the interest of all Xaurum holders.

Hi everybody.
It is my privilege to be important part of Xaurum project. The role of Xaurum Foundation is clear and simple: let as many as possible smart people know about Xaurum and its advantages. We’ll do this by simplification and clarity of communication, extensive targeted marketing, expansion in many regions around the world by establishing representation offices and by kipping all operations of Xaurum project fully officially registered and legit.

Please visit www.xaurumfoundation.com for initial information on Xaurum. The contents of the site will be constantly added, updated and improved.
We are also talking to you through FB and Twitter as XaurumOfficial.
https://www.facebook.com/xaurumofficial/
https://twitter.com/XaurumOfficial

All the best to everybody,
Roman
116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 24, 2017, 11:48:08 AM
I sold my 7,000 xaurum last week at around 10.2 cents each... I'll buy them back when they drop to 7.4 cents each.

Hmm, when poloniex agrees to list xaurum there will be a price jump as investors race to get in before all the day traders of poloniex do.

But right now, there's a ceiling of 11.6 cents that xaur cannot break through.


The celling is not big at all. It takes just 180k USD mint to eat it all. Current market price is really low.
117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 17, 2017, 09:58:31 PM
I think that it might be a big problem in the future, that most of the exchanges operate on BTC-altercurr. pairings..

If you have a denomination like that, all currencies that aren't bitcoin automatically lose in value when BTC sell-off ocurres - my point being that money is being siphoned from the cryptoeconomy.

If you ask me, that caused the Xaur price fluctuation these days...




Yep, Ill just quote myself here in response to the link..

2nd - regarding my question - thnx for explaining that, however I have to ask: Isnt the commonwealth actually just gold reserve backing the whole thing?
I cannot see any other meaning of the word commonwealth - also, if you melt - shouldn't the commonwealth also increase, providing the profits go into buying more goldbars?
When you melt you receive the gold you own in your hands. There is no profit or any margin anywhere. Just a change of location.
Melted XAUR are destroyed and commonwealth gold is decreased for the quantity of gold you melt. 
118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 09, 2017, 09:38:50 AM
"If you are giving such claims (something needs to change), it would be appropriate to tell some solutions or improvements. without it, those are just empty worthless words written here."

1) Okay, for starters there needs to be some better worded English language press releases about the structure of Xaurum.

It doesn't worry me that the dev's first language isn't English but it does worry me that the English is being mangled in the start up phase when it needs to be exact- it needs to be written in a manner that all can understand and is not hidden behind crypto jargon. This is to entice newbs.

2) Second point is that there is no marketing/communicating of Xaurum to the investment sector. We need people selling Xaurum to the rich who seek investment advice and are willing to pay for investment advice.

That means the dev's need to figure out how a financial planner can get a financial cut when they 'sell xaurum' to investors. Financial planners are like insurance brokers or mortgage brokers in that they take a slice for themselves. We want rich Italians, Russians etc buying a few thousand dollars worth of xaurum in their investment portfolio.
Ideally, long term investors are better for price stability than Chinese speculators.

That's plenty for now.

# Xaurum is different because of the gold backing yet it isn't being pushed for that difference- waiting for poloniex to rescue it, cannot be the pinnacle of the xaurum plan.

Exactly. Well written.
119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 05, 2017, 01:49:32 PM
BTC bubble bursting! Happy new year Tongue

So I wonder how this will affect XAUR - I suspect BTC2XAur is positively correlated, hope I'm wrong.

your thoughts?
It was to be expected. Too much too fast. Air is not thick enough.

When the situation gets back to normal (after the hack), Xaurum will hold the value and increase it. I believe in short term it will jump to production price, maybe a bit more.
It should not be correlated to any air pumps on market. At least not more than common sense allows it to be. The only correlation should be bullion gold price.
Buy power and liquidity are coming back in very short timeframe. When this happens the true value will be obvious to the markets as well.
120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 05, 2017, 11:43:19 AM
When this hype of pumping air finishes people will start looking for real value.
Xaurum position is getting stronger every day.
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