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Thanks for the update!
How can xaurum afford paying the team, commercials, administrations, webpages and office spaces all over the world since you dont have a cashflow?
I trust you having the gold, but do you also have a big stack of money from the ICO's? or do you take loans with gold as collateral?
No loans here in this project, they are all here with their own money for now, until new gold will come. Big stack from ICO went to GOLD! That is why this project is one of the best, with some real value, there was no pre-mine, and no extra xaurums for the team... Apparently people are more into greedy stage of crypto, but this will pass, but gold will stay. The project needs new investors, commercials etc, and this is the hardest thing right now, they need to focus on this. I hope the project will survive! GL So the xaurum team pay all costs with private money from their own pockets? For real? If true I wonder how long that can continue.. if false I wonder if the gold is still safe.. I really want to know this, xaurum is more like a "company" than a currency right now. They NEED new investors to keep everything going..people doesnt work for free right? (sorry for my bad english) |
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Thanks for the update!
How can xaurum afford paying the team, commercials, administrations, webpages and office spaces all over the world since you dont have a cashflow?
I trust you having the gold, but do you also have a big stack of money from the ICO's? or do you take loans with gold as collateral?
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I only bought XAUR at these levels because of the goldbacked melting price. But the team doesnt respond to any questions or melting requests... and the Postal Services they use doesnt even allow gold in parcels! Pošta Slovenije is entitled to refuse to accept as International Express Mail any shipment
Containing food products, live animals, gold, precious stones, jewellery, medicines (with the exception of EU Member States), cash and other means of payment, pressurized containers and lighters.https://en.posta.si/home/postal-services-/express-mail-/international-express-mail-Anyone? |
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The night is darkest just before the dawn.
And the dawn is coming? Right now is a golden opportunity to start hodling IMO. In worst case just melt and get cheap 1g bars  They have updated both twitter and facebook today, I really hope they post something here to. |
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Reading about the first court/police filings I wonder if the team feels any responsibility towards the owners/holders of Xaurum Coin?
I think the only way out of this is by selling Gamma project and investing into new exchanges for Xaurum.
Police? The article says they are working on refunding everyone who invested in the gamma project. Gamma is a different coin and have a different thread.. Read the bitins post... Dear BitIns users!
We inform you we are disabling our services with Xaurum Official due to an ongoing investigation.
We wil keep you posted on our future cooperation with Xaurum Official.
Stay tuned.
Doesnt say anything about a criminal investigation? |
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Reading about the first court/police filings I wonder if the team feels any responsibility towards the owners/holders of Xaurum Coin?
I think the only way out of this is by selling Gamma project and investing into new exchanges for Xaurum.
Police? The article says they are working on refunding everyone who invested in the gamma project. Gamma is a different coin and have a different thread.. |
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Xaurum is possible scam !!!!
Why and how? Xaurum is atleast backed by something and audited.. |
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Have someone here lately tried to burn xaurums and take a physical deliverment?
I am still wondering who pays for converting 1000g gold bars to small expensive 1g bars at deliverment.. is this cost pre-paid, where/how can I check thats true? the audit only says they have x amount of gold in 1kg bars...
When mint happens you get Xaurums via procuction price- the cost of melting in included in that price. They store 1kg goldbars becouse of less cost. Ok, just cant belive how cheap Xaurum really is for about 980 XAUR you get a 1g gold bar https://www.moneymetals.com/one-gram-gold-bar-9999-pure/1211 gold bar cost atleast $53 980 XAUR = 980 * 0,05 = $49 I dont think it ever will be this cheap again...just look at other goldbacked crypto coins, +200-300% from here could happend very fast when we have some bullish news. |
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Have someone here lately tried to burn xaurums and take a physical deliverment?
I am still wondering who pays for converting 1000g gold bars to small expensive 1g bars at deliverment.. is this cost pre-paid, where/how can I check thats true? the audit only says they have x amount of gold in 1kg bars...
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In the beginning you had only 1g bars like DigixDAO, but now you almost only have 1kgs bars ?
Who will pay the exchange from 1000g gold bars back to 1g bars?
For example if I would like to withdrawal 10x1g bars for about 9800 XAUR ?
This is a very valid question since 1g's bars cost about twice the price per g gold compared to 1000g bars.
It really looks you scammed your early investors which thought they could exchange the XAURs to 1g bars..
As long as I know, when mint happen, the price of 1g is calculated, but they store 1kg goldbars since store of 1kg bars is much more cheaper than 1g goldbars. But if you would like to melt your 9600 xaurums you will get 1g goldbars without any extra costs. Simple as that  thats very good, can someone from dev or admin team confirm? |
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In the beginning you had only 1g bars like DigixDAO, but now you almost only have 1kgs bars ?
Who will pay the exchange from 1000g gold bars back to 1g bars?
For example if I would like to withdrawal 10x1g bars for about 9800 XAUR ?
This is a very valid question since 1g's bars cost about twice the price per g gold compared to 1000g bars.
It really looks you scammed your early investors which thought they could exchange the XAURs to 1g bars..
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Where can I find more info about the "melting process" and who will pay all the fees? (insurance, shipping, administration etc.. ?)
Also wondering about the gold bars sizes.. since bigger gold bars (1kg) is valued around gold spot price and 1g gold bars way more expensive (50% +).
Who will pay all fee's when exchaning your 1kg bars to 1g shippable bars? From which country do you ship, do we need to pay tax,VA, duties etc?
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Where can I find more info about the "melting process" and who will pay all the fees? (insurance, shipping, administration etc.. ?)
Also wondering about the gold bars sizes.. since bigger gold bars (1kg) is valued around gold spot price and 1g gold bars way more expensive (50% +).
Who will pay all fee's when exchaning your 1kg bars to 1g bars?
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XAUR wallet?
POOL?
Xaurum is an ERC20 token. Goldmine is in development. It will be a pool for mining XAUR. any news on the Goldmine? Would love to mine XAUR.. |
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The graph "Total amount of gold" indicate a prediction of 200kg in May, about 3-4 month away. But your current base is only 120kg, and have been so for 1,5 month. If i am correct, the gold per token can only increase after a new mint, and a mint can only happend if the price increase. How much does it need to increase until a new mint is possible, 100%+ ?
I really like this project, but it also sounds to good to be true. Ponzi ?
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Missing about 15x1,2 coins on yobit..(mining rewards between 27-29 jan). Just created a ticked, hope they will help.
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What is safe to withdrawal, anyone tried ETH ?
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cant download (even in zip), win10 says its a virus...
What do you think? is it really safe?
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where can I find an api to the network difficulty? the block explorer doesnt seems to have it  |
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Too much attempts! Wait -1515141665 seconds. Ehh, what? cant login |
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