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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: September 15, 2017, 06:53:13 PM
1. Hiding behind usernames

Please introduce yourself with your name and your surname. If someone is writing on a forum just with a username and especially without any concrete arguments it is very hard to have an open discussion. I am Jure Ristic and I am not hiding behind the username. Regarding the movement away from my home town. Yes, it is true, I have moved from Horjul to Ljubljana, because my new location is 3min away from the office. You forgot to mention that also Gasper Kenda has moved from Bled to Ljubljana, because it is easier for us to work a few minutes from the office. You can find me in the office everyday if I am in Slovenia, so please, you are more than welcome. I will be very happy to have a meeting with you.

2.Pyramid schemes

I think that you do not know but you are involved in at least 2 pyramid schemes and none of them is Xaurum. First of them is your daily job and second of them is Republic of Slovenia. I don not know you in person (obviously you know me, so please introduce yourself) so I can not tell you for another pyramid schemes that you are also involved in. Xaurum works in a way of rectangle and it is quite the opposite of pyramid scheme. Licensed employees are working for the investors, not investors for the Xaurum. They do not need to recruit anyone. It is like a pension insurance like the biggest insurance company in Slovenia "zavarovalnica Triglav d.d." has it's own programs. The difference is that we have it in a fair way. The collected funds are actually stored in a gold.  The client can always sells its tokens on the market or exchange them directly for the gold behind even if the price of one token would be 0.00000000000000001 usd. That is called either melting or fairness, you decide.

3.Undependent financial experts for cryptocurrencies born in Slovenia

As we all know, Slovenia is the most advanced country per population regarding the crypto projects. Everything started with Bitstamp exchange. The founders of Bitstamp have seen the opportunity already in 2011, when all this selfmade cryptocurrencies experts did not even know what Bitcoin or what blockchain is. Nowadays they know 5% about Bitcoin and still 0% about the blockchain technology and it's ability. Xaurum was the first ICO in Slovenia - it was in March 2015. All the collected funds are still here and are presented in physical gold. There was no premine for developers as you see in other projects. Why? Because you can print new tokens, but you can NOT print new gold. Nowadays the standard is:  developers  reserve around 30% of tokens for themselves and the rest 70%  of tokens are distributed to investors. So actually they take 130% and it goes directly in their pockets. On that basis they print out new tokens which investors are more than happy to receive them, because they think that they will gain at least x4 in a few weeks. Remember: there is no such thing as easy money! The market goes like this: If someone is selling, the other one needs to buy it from the seller. You can not sell without a buyer, and you can not buy without a seller. That means that if you gain x4, you must know that somebody with the same trade just lost x4. There is no added value on a market. Period.

I remember approximately 10years ago everywhere  was a hype especially in Slovenia regarding forex trading companies. There was literally in every town a company which was "able" to make huge profits for the investors. Suddenly all of them collapsed around 2008-2010. Isn't it weird that there is NONE company like this now in Slovenia? Forex markets are even bigger than 10 years ago, but no one would like to have a forex trading company anymore? Guess why?

I strongly believe that it is just the matter of time that this will happen to ICO's in a very short period of time. The explanation why I think like that I will explain in the next article.

4.The flood of ICO's

As we all know in a last few months there is on a daily basis more ICO's than there is hours in a day. Seriously? Do you think that the world and the economy actually needs this? All the ICO's are presenting themselves as some kind of problem solvers. This is called pyramid scheme 2.0. Developers take millions of eur/btc/usd/eth to create something which has a production cost of maximum 5% of collected funds. Where does the rest of 95% funds go?
You know what is the fact that I do not know if I should smile or cry? The new age "developers" are literally competing with each other who will collect more funds and they do not actually care about the project, they just care about the fact that they would like to set a new milestone how much of money one ICO can collect and how fast it was. I would not like to offend anyone from the developers, but from the logical and economical point of view it actually is like this. I will not talk about the names, but there is a few ICO's that the developers actually have good intensions and they are working hard.

5.Inflation

First. My intension is not to talk against the BTC, I would just like to expose some facts. There is an inflation of 12.5BTC/10min. That means that there is 12.5 x 6 x 24= 1800 BTC of new inflation per day. Every day. Even on weekends and on holidays. If we take the today's price (3100usd) which is very low in comparison of two days ago (4000usd+) there is 5.500.000USD of daily inflation. That means that there MUST come at least 5.500.000USD of new fresh money in BTC market just to hold the same price with the assumption that NO ONE sells even 1 bitcoin. The same goes for ETH and all other inflation related cryptocurrencies. Once again, I am not talking against anyone, it is just a pure fact.

Inflation with Xaurum. Xaurum has NEVER had an "air" inflation. Even before the Ethereum. Nowadays all the tokens on the Ethereum does not have an inflation, because they do not need it for running a secure blockchain. Out team solved the inflation problem already in 2014 with the fork of Blackcoin 2.0 forging them into Guardians (heavy wallets that collects all the transaction fees and all the staking inflation).
But do not forget. Like I said. Xaurum does not have an inflation, but when it has it, it is profitable one. There is NO new Xaurum if there is no NEW gold. It is similar like with the companies such as Apple, Microsoft etc. They do not have an "air" inflation of new stocks, but they can do a recapitalisation. That means that newly generated shares are not  decreasing the value of already existing stocks. In Xaurum case it is even better. The inflation is always profitable, so the community is more than happy when there is a new inflation and Xaurum's inflation is actually rising the net value of Xaurum.


6.Market price of Xaurum in comparison with the quantity of the gold behind it


There is a lot of discussions regarding the quantity of the gold. I have seen that there is a lot of people who think that if there is for example 30% of golden backing in comparison with the market price, that Xaurum is overpriced. Seriously? How much are all the other cryptos worth because they do not have anything in behind? With this kind of thinking they are worth exactly nothing/zero. You have to realise that all the other cryptos have just one thing - supply and demand. If there is no more demand for the XYZ-coin, so no one is willing to buy it, then you have to know that no one can actually sell it. In our case like mentioned I think at least thousand times, you can always directly exchange it for the physical gold behind it. I still do not understand the mentality, if you put to XYZ-coin with the market price of 1usd for example 0.30usd of physical gold. Imagine that someone gives it for free. What is then the price of this coin? Still 1USD or it should drop to 0.30USD? Or it should rise, because someone just gave you gold for free, extra? The biggest sadness is that the majority would answer 0.30usd.

You have to know that the bigger the difference between the golden and the market price, the faster the backing grows.


7. The price growth in %

I am pretty sure that we all are very aware of fact if something comes quickly also goes quickly. Once again. If someone has just earned 10.000usd, the other one needs to lose it. Face it, this is how all markets work. It does not matter if it is an oil market, forex, stocks, bonds or cryptocurrencies. The only participants on the markets who are gaining no matter what is happening are the exchanges (through their trading fees). All the others are just playing. Xaurum is the only asset which has an added value through the golden dividends with every kind of movement. Trading, sending from wallet to wallet etc.

Like I mentioned above. All the other cryptos except the Xaurum have just a supply and demand. If the demand is higher then the supply, the market price grows. In Xaurum, the surplus of the demand goes in to the physical gold instead of making unnecessary bubble. The fact is that the surplus of demand will sooner or later disappear, but in Xaurum case, it stays FOREVER. The gold can not vanish.

That is why all the other cryptos made huge growth in market price. It is easier, faster and maybe even more fun if you go directly to the casino instead of buying and speculating on bubbles. But again it is up to you what excites you more. We are here not for fun, but we would like to actually change some things in the market and give people the opportunity.

Again, I would not like to expose the projects but I suggest you to take a screenshot and you will see the situation after one year.


8. Xaurum Gamma

This summer we have decided to go even further. We have started a sub-project called Xaurum Gamma. What Gamma actually is? On the ICO ( which is still open until the end of September) we are offering people the opportunity to participate in a business model which is normally reserved just for the wealthy people. If we are talking about resolving problems in crypto - this  actually is. We are closing the gap between rich and poor people. On the other hand we would like to prove that we are still the only project with a real value and with real assets. There is plenty of real estate ICOs and again you still get a shitty token and for the backing you get just a supply and demand - nothing real. We are stating that our funds are going into the real assets and  because we realise that the gold is hard to use on a daily basis, that is why you can swim, eat, sleep, cook, drink, have fun in our TOKEN. Beside all of this you still get the ownership of the Villa and all the dividends and features of Xaurum Gamma concept. Remember the inflation of BTC mentioned above? 5.500.000usd. The cap of Xaurum Gamma ICO is the same. Can you imagine, that every day there would be a new street of Villas out of this inflation? In a few years we would have a continent. Think about it.


I hope that I did not insult anyone, I just stated some facts.


Jure Ristic, Masternode














2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 11, 2017, 09:15:35 PM
I am not hyping anyone. Really, be ready. There comes an era of reality - Xaurum
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 11, 2017, 08:54:32 PM
Guys, just one thing. Get ready.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 09, 2017, 12:04:42 AM
It costs $20,000 in btc at current prices to get 4ish ounces of gold, unsure how people are supposed to want to trade for gold at this exchange rate.

If the pricing was more accurate/up to date I think this would be a great project though.

You do not understand the concept of Xaurum. I still do not understand why some of you still calculate the backing of Xaurum and constantly think that if the market price is over the quantity of the gold, that Xaurum is overpriced. So BTC, USD, EUR are 100% overpriced?

1. How much gold can you buy with 100usd worth in BTC, USD, Xaurum? The same amount.

2. For how much gold can you directly exchange 1BTC= 0g of gold;     1USD= 0g of gold;     1EUR= 0g of gold;   1Xaurum=  0.000483g of gold


If you would like to buy gold, buy it. Buy 100g of it and store it in your vault. Open the vault after 10 years and dont be surprised if there will be still 100g of gold.

If you would like to have a unit which has a gold growing base, then buy Xaurum. I guarantee you that you will have more gold behind this unit on a daily basis. Just in last year the quantity of physical gold per 1 unit grew 4times. That means that if you bought Xaurum with 100g of backing, now you have more than 400g of gold behind the same amount of Xaurums. And it is just a beginning.

Try do understand the concept of Xaurum. STORE OF A VALUE
My thing is, I don't want to wait x years for it to be an equivalent exchange; and then x years for possible appreciation/gains of gold.

If I spend 20k on gold I want 20k in gold, not 4k and then having to wait x+ years for it to be worth 20k/break even.
If I spend 20k on gold I want it to gain value/be worth more than 20k in 3+ years.



Once again. Try  to understand Xaurum and it's math. You don't even have a clue about the speed of the growth.

You know what they say. It's not everything for eveyone Smiley
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 08, 2017, 06:21:51 AM
It costs $20,000 in btc at current prices to get 4ish ounces of gold, unsure how people are supposed to want to trade for gold at this exchange rate.

If the pricing was more accurate/up to date I think this would be a great project though.

You do not understand the concept of Xaurum. I still do not understand why some of you still calculate the backing of Xaurum and constantly think that if the market price is over the quantity of the gold, that Xaurum is overpriced. So BTC, USD, EUR are 100% overpriced?

1. How much gold can you buy with 100usd worth in BTC, USD, Xaurum? The same amount.

2. For how much gold can you directly exchange 1BTC= 0g of gold;     1USD= 0g of gold;     1EUR= 0g of gold;   1Xaurum=  0.000483g of gold


If you would like to buy gold, buy it. Buy 100g of it and store it in your vault. Open the vault after 10 years and dont be surprised if there will be still 100g of gold.

If you would like to have a unit which has a gold growing base, then buy Xaurum. I guarantee you that you will have more gold behind this unit on a daily basis. Just in last year the quantity of physical gold per 1 unit grew 4times. That means that if you bought Xaurum with 100g of backing, now you have more than 400g of gold behind the same amount of Xaurums. And it is just a beginning.

Try do understand the concept of Xaurum. STORE OF A VALUE
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 06, 2017, 06:01:52 AM
Any clue why ICONOMI didn't invest in this project. It is their job to invest in great and perspective projects. Wonder if something has to do with it that both startups are from the same country. Village rioting Grin
(just kidding, sorry)

Can some official representative of xaurum or any xaurum fanboy comment this or give us any insight?

Thanks and good luck with your project.

Iconomi is just another ICO story. They collect money, they promise a lot, and they don't deliver what they should. Anyone who understands economy would prefer Xaurum over shitcoins.

I think they did not realise how Xaurum actually works, but now I am pretty sure that they will start to look at it deeper. One of the feedbacks if I am well awared was that Xaurum has less than 50.000usd of daily volume.

But once again. Xaurum is 100000% different than other crypto. Why? Because Xaurum uses crypto as a technology to move, not as an excuse why the price is up/down 30% daily.

Remember something. We have built a team now, who is willing to go to the end of the world to explain Xaurum to the people. The golden era is coming.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 03:11:24 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.

8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 02:32:09 PM
It is not over.

THE RATIO.

What is the ratio?

In mathematics, the ratio is an exact relationship between two numbers.

Xaurum is very simple. It has two variables. Total supply of all Xaurums in circulation and total suppy of gold stored in the vault. Out of this two variables you can get EXACT ratio how much gold there is behind of every Xaurum.

1. I can not stay calm when I see posts stating that Xaurum is not 100% backed by gold. It is not and it will never be. Whoever thinks that it can/will be 100% backed by gold, does not understand it right. What would the price of BTC be if there would be officially announced that there is 300usd of gold behind of every BTC. Still more than 1000usd?

2. A lot of people think that swiss franc is backed by gold. Really? Can you please tell me exactly how much CHF there is and exact how many grams of gold is used for the backing.

3. The crypto world. All cryptos have just one variable and this is total supply of the coin.

Now you see why Xaurum has 0% of premine. Because you can not print gold.

NO GOLD --> NO NEW XAURUM

NOTHING --> NEW SHITCOIN
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 02:14:06 PM
I am not finished Smiley

Xaurum had 2 ICOs.

FIRST ICO - February 2015

- Xaurum was introduced
- 100% of collected money  was spent on buying physical gold for the backing


SECOND ICO - July 2016

- transition from POS 2.0 to Ethereum platform
- split of Xaurum by 8000 - community got for every 1 old XAU -> 8000 new Xaur
- 100% of collected money was again spent on buying gold for the backing

THIRD ICO - XXX YYY

You see the pattern? The money that comes in is used for the community not for the Dev's pockets.

What is the difference between Onecoin ponzi MLM or the shitcoin that can be printed out of nothing? There is NONE.

You know what are the most used techniques for selling Onecoin? WORDS/PROMISES. Platform, algorithm, anonymous, decentralisation, blockchain, smartcontract - nothing that you can touch or see in a real life. Do you maybe find any similarity with the shitcoins that are listed on top 50?

Xaurum uses blockchain technology and one of the most advanced smart contracts just for the easier usage of Xaurum itself, not for selling the stories. No one from the Devs did not mention advanced smart contract  even once. Why? Because it does not matter. Today Xaurum works on Ethereum, tomorrow maybe on something else. You are using paper with some ink on it and you call it money (eur, usd, jpy, aud, cad,...). In the cryptoworld, everyone is trying to sell some space-technology just to sell its own coin.


10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 01:43:02 PM
Ok, let go another one.

How much do you think that 100MIO usd actually is?

Total marketcap of all coins listed on coinmarketcap.com is USD26,877,877,231.

So:

1. 100MIO usd is 0.37% of all crypto listed

2. 20% of BTC daily trading volume


Xaurum's best positioning on coinmarketcap.com was on 23rd place - at that time the marketcap of Xaurum was 8mio USD. Today, if you would like to be on the same place, you need 28MIO USD of marketcap.

Is it just me, or is there anyone else too, that can not even pronounce all the names of coins listed around 23rd place? What happened that today we are listed on 49th place? Is there less gold behind of Xaurum? No, there is more of it. I call it a BUBBLE .

Do you really think, that you need trillions of different cryptos to live your life? First you need to buy a coffee- it is called Coffee coin, second you need to eat- it is called Food coin, third you need to sleep - it is called Bed coin and so on.

Come on guys?Huh Really???

Ask yourself if something that can be created out of thin air every few seconds/minutes (depends on a blocktime), how can this store value, and how can this be called either a currency or a money?

Would you really buy an Apple share, if they would print new shares every 10minutes?
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 01:24:46 PM
If you want we can go deeper.

The calculation above was made as an example what will happen when 100MIO USD will come on board.

Xaurum is so good that we do not need even 1USD to come in. Why? Because every move with the Xaurum is profitable for the whole community.

1. If you move Xaurum from point A to point B - 0.5 Xaurum is burned (the gold that was behind of this 0.5Xaur remains in the vault and it is automatically distributed among the whole Xaurum community).

2. If you pay a coffee with Xaurum. Again, same story.  0.5 Xaur is a transaction fee - the gold that was behind remains.

3. Number of daily transactions on Bitcoin's network is on average 300.000/day (https://blockchain.info/charts/n-transactions).


If the total amount of Xaurum remains the same (so not even 1usd will come in anymore) we just need to use it.

300.000 transactions / day = 9.000.000/month

So we need 20 months to move our Xaurums around and there will be just 1 Xaurum left with the 43656g of gold.

43656g x 50usd= 2.182.800USD. What would then price of Xaurum be? Do your math.


Bottom line - it does not matter which system of payment methods are you using; FIAT or CRYPTO. The creator of the system is a winner - like in a casino. But in Xaurum's case, the community is a winner.

Try to make millions and millions of transactions on any other crypto than Xaurum, and tell me the difference in a real value.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 12:58:34 PM
Hello guys,

Today I am full of thoughts. Have you ever did a calculation what will be when 100mio usd will come in to the project?

1. 100.000.000usd / 50usd (price of 1g gold card)= 2.000.000g (2tons new gold purchased for the backing)

2. 100.000.000usd / 5usd (average price of 1xaurum with this amount of backing) = 20.000.000 new Xaurum issued


If you divide total supply of gold by total supply of Xaurum you will be more than shocked.

2.043.656.g of gold/ 110.310.367xaur = 0.0185g/1xaur = 0.963 usd in gold per 1 Xaurum

That means the market price would be around 4x higher - approx. 4usd. With this we would have marketcap of 480.000.000usd. That means that we would be on top 10list on coinmarketcap.com and backed by 2tons!!! of physical gold.

Can you please tell me why would anyone believe in any crypto on top 10list on coinmarketcap.com if we are talking about money? Definition of money is storing a value, not playing a game.

Disclaimer: The calculation above is not exact and it has just an illustration purpose. I did not include any of burning transaction fees (0.5xaur per 1transaction) which are again profitable.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: April 04, 2017, 07:30:39 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.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: March 30, 2017, 07:14:40 AM
There is a connection. I will give you an example. 1xaur can be melted for 1g of pure gold. The price of 1g of gold is 40$ that means that minimum price of 1xaur is 40$ and no one would not sell it below that price. If gold increases to 80$ per 1g... after that we have bigger lowest price. That's why Xaurum is unique investment.

Probably you have put this 1xaur for 1g just as an example, since 1 g can be melted for: 2084.197630221019 XAUR.
It's a clear calculation: circulating supply approx. 90 MIO XAUR divided by ammount of gold approx. 43 kg and you get how many XAUR you need for 1g

It was just an example.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: March 29, 2017, 09:51:51 PM
There is a connection. I will give you an example. 1xaur can be melted for 1g of pure gold. The price of 1g of gold is 40$ that means that minimum price of 1xaur is 40$ and no one would not sell it below that price. If gold increases to 80$ per 1g... after that we have bigger lowest price. That's why Xaurum is unique investment.

But why can not I get gold for the tokens?

Of course you can. That is the point of Xaurum. You can whenever you want directly exchange Xaurum for gold. This procedure is called melting. There is more than 43kg of physical gold in total behind of all Xaurum.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 31, 2017, 10:10:27 PM
Hi everyone!

First I need to say, I am proud to be a part of this exciting journey. There are still countless features and gadgets on Xaurum that people need to realise and really get it. With Xaurum foundation we will try to make them easier to understand and make them closer to ordinary people. It is really important to understand that Xaurum is not just an ordinary pump&dump coin but it was made for the longest existence. Every day that is gone, there is just more and more gold behing every Xaurum, even if just a dust. Me personally, I am in negotiations with a few foreign countries and companies to start the business with us. We are talking here about different types of people, most of them are from investors sector. I can say that the communication and relations between people "in behind" and all the community will definitely be on a much higher level.

For more info and contact details please visit: www.xaurumfoundation.com

17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 07, 2017, 11:56:05 AM
What promises are you talking about? Did you actually understand the whole concept?
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 07, 2017, 09:02:42 AM
Your posting makes no sense. Xaurum is not 100% backed by gold and it will never be. It has its golden backing behind of it and it can only go up. The backing can never drop. But bigger the difference between golden and production price, faster the backing. The gold behind of xaurum is meant for knowing where the worst case scenario is and for measuring events that are happening on xaurum network. You can do the calculation how much the gold increased because of all transactions, mints, minings.

I suggest you to do the deeper study of the project because when you will understand it, you will fall in love with it. Do not feel odd if you will need a few weeks to really understand it, because even I needed this, even though I know devs in person. If you need any help let me know.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: January 06, 2017, 07:40:40 PM
sigh

I'm looking at coinmarketcap.com and I'm seeing only 8 out of 100 crypto's that is in the green and the rest are in the red thanks to bitcoin dropping like a stone, which is apparently due to the Chinese yuan fluctuation.

See, that means xaurum is just another speculative crypto at the moment when the whole point of being backed by gold was that it was underpinned by a real commodity and therefore wasn't a speculative crypto.

Obviously, the point of being or having a gold reserve is not being disseminated as it should be.  Embarrassed

If people comprehended that xaurum had a gold base then xaurum would have risen today.


What an idiotic thinking. Everything has supply and demand, therefore the price is going up or down. If something is "measured" in something volatile, do you really expect that the golden backing would stop the down fall? Everything lower more than 20% than production price is literally free. Why? The beauty of production price and golden backed currency is that is has NO inflation if the market shows that it does not need it, but when the market shows that it does need it than the mint (and new golden dividends for everyone) is done. Go buy shitcoins instead Wink
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum [XAUR] on: December 31, 2016, 01:13:25 PM
Who says that you can't ride a bike on 31st of December?



Happy new year guys!
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