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1301
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲ 1 Xaurum ≥ 2,262g 999.9 gold ▲
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on: July 24, 2016, 02:29:29 PM
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Is there difference in ICO price of RICO mint I, II and III like early adopter bonus
Here you go: Sending XAU early or later on does not give any advantage as the rate will still be the same 1XAU = 8000XAUR.
However the advantage of investing fiat and other crypto early on, is the minting cost: Minting cost in RICO Mint I will be the lowest because for each mint the minting cost is greater or equal to the minting cost of the previous mint. For example here are the minting costs for Mint I and II:
RICO Mint I minting cost: 0.03638375$
RICO Mint II minting cost: 0.03812457009$
RICO Mint III minting cost will be greater or equal to RICO Mint II minting cost and so on. |
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1302
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Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS]
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on: July 24, 2016, 01:56:09 PM
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Le second monnayage (RICO Mint II) est en cours.
Les fonds utilisés pour ce second monnayage :
Fiduciaire : 31827,73 USD
Bitcoin : 41,13645 BTC
Ethereum : 104,74581 ETH
Lisk : 42,10614369 LISK
Dorénavant, tous les fonds reçus seront utilisés pour le troisième monnayage (RICO Mint III).
Les résultats du monnayage seront publiés dans quelques heures. Un rappel des fonds utilisés pour RICO Mint I : Fiduciaire : 511763,24 USD
Bitcoin : 125,01095652 BTC
Ethereum : 721,31485884 ETH
Lisk : 7788,57652511 LISK
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1304
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: CHESSCOIN - 32% POS - COIN FOR CHESS COMMUNITY
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on: July 24, 2016, 11:11:20 AM
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Hi, I run into an issue some minutes ago, my wallet lost some 40k to 50k coins. So I am running my wallet on my Windows laptop, I think the lost coins were in Stake. An error occurs (the Windows old bleu screen) and my laptop restarts, I run my wallet and I am missing lots of coins, I wait a little but they don't come back  . Lucky for me, I had a backup of AppData\Roaming\ChessCoin from three days ago, I ran my wallet using the backup files, my wallet synched and it seems I got all my coins back. Has anyone run into a similar issue before? Does anyone know of a way to prevent this from happening? Thank you. Hmm i never had such a problem. Does it always happen to you ? Well the Windows blue screen yes ^^ but the loss of Chess, that was the first time (and finally I didn't lose any). I keep a backup because I change laptops from time to time. |
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1305
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: CHESSCOIN - 32% POS - COIN FOR CHESS COMMUNITY
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on: July 23, 2016, 05:57:54 PM
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Hi, I run into an issue some minutes ago, my wallet lost some 40k to 50k coins. So I am running my wallet on my Windows laptop, I think the lost coins were in Stake. An error occurs (the Windows old bleu screen) and my laptop restarts, I run my wallet and I am missing lots of coins, I wait a little but they don't come back . Lucky for me, I had a backup of AppData\Roaming\ChessCoin from three days ago, I ran my wallet using the backup files, my wallet synched and it seems I got all my coins back. Has anyone run into a similar issue before? Does anyone know of a way to prevent this from happening? Thank you. |
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1306
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: XAURUM Signature Campaign [FULL]
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on: July 23, 2016, 07:53:39 AM
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As I understand it, either users completely left the campaign which means there are slots available (up to 100) or there are people who are disqualified but only for the previous week (week 1), meaning they still can qualify for week 2 and 3, the reward will just be less. For instance users who didn't qualify for week 1 (and qualify for week 2 and 3), will have 825XAUR as a reward: Anyone who joins past 23:59 UTC tonight posts will be counted towards next week and the rate will go down to 825 XUAR.
So, as far as I understand it, qualifications are per week and the rate is function of the number of week you qualify for. |
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1307
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Other / Meta / Re: Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
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on: July 22, 2016, 06:06:37 PM
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Hello,
I would like to create a new local board (for a language that still has no local board). Can anyone tell me how to proceed? (I might have missed the guidelines for that, if any were in the original post, and I'm sorry for that). Thank you.
They will only be created if there's demmand for one. Create a thread in Meta if you would like to further discuss your proposal. Thx for the reply, okay then I might create a topic in Meta to discuss that. So, there will be demand if users replied on the potentiel thread I'll create and said "Yes, it would be a good idea" or are there some other measures to quantifiy demand? |
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1308
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Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS]
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on: July 22, 2016, 05:41:00 PM
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Bien bien bien, merci pour les calculs kaicryptzen. Un autre Zen le grammage, ils peuvent l'obtenir au Xaurum près, donc, je vais te peser 0.00003 gr  Au plaisir ludbega  Espérons que personne n'essaie d'échanger qlqs XAURs contre de l'or, ils seront bien embêtés de devoir peser 0,0003g pour quelqu'un qui voudrait échanger un XAUR ... |
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1312
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO [OPEN]
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on: July 22, 2016, 09:21:18 AM
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I still do not understand how it is beneficial to buy earlier than later within the ICO. The following statements seem oppositional. If the conversion rate from XAU to XAUR stays the same, how does it make a difference when to buy? I guess I somehow still do not understand something here. Few questions
1) What's the benefit of buying now instead of last day of the RICO?
After minting, Xaurum ratio will increase, this means the base value of each xaurum will increase, and will consequently be more costly to create. Nobody can know how much more the cost will increase in advance, yet it is certain to increase, as it depends on the number of funds collected and number of new xaurum coined. After the first mint, a new minting price will be published. Are mint 2 transaction ratios different than mint #1? Can't believe I missed the first one, and I was saving all that XAU for this  Sorry Im at work & don't have time to check the site - thanks in advance. i don't understand it either. they should have give some bonuses for the first few people who bought XAUR in the first days and then bonuses gradually depreciates until the last days. This will give the pressure to buy earlier. i would assume however that people will still buy more in the last days. its 8 days left! Good luck to us. Sending XAU early or later on does not give any advantage as the rate will still be the same 1XAU = 8000XAUR. However the advantage of investing fiat and other crypto early on, is the minting cost: Minting cost in RICO Mint I will be the lowest because for each mint the minting cost is greater or equal to the minting cost of the previous mint. For example here are the minting costs for Mint I and II: RICO Mint I minting cost: 0.03638375$ RICO Mint II minting cost: 0.03812457009$ |
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1314
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO [OPEN]
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on: July 22, 2016, 09:07:34 AM
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I'm just curious, but need to throw some hypothetical situations out there:
Let's say I send 100,000 XAU to the RICO address.
What I receive in return....is 800,000,000 XAUR? What is the purpose of XAUR, and how much XAUR = 1oz gold?
Another hypothetical:
Let's say I send 100,000 XAU to the RICO address. While I get 800,000,000 XAUR (?) the XAUR devs will be selling this XAU and purchasing gold with the profit? Aren't we getting any of the shiny stuff? And how can you prove it...
...because that's a large amount of fiat received in Mint I, which is already over - but nothing to show for it....?
Yes, any sent XAU will be converted into XAUR immediately at the ratio of 1XAU = 8000XAUR. Now, the gold base for a XAUR is 0.00036835432g (see previous comment): 1 XAUR = 0.00036835432 g
This base value may change after each mint. It seems to me that one of the purposes of XAUR is to increase liquidity, XAU is relatively expensive and maybe difficult to exchange, by splitting it into 8000 XAUR, it will probably be easily exchangeable ... The XAU is not sold (it is exchanged for XAUR), only fiat and other crypto is sold to buy new gold and add it to the existing reserve. You can get gold only if you want to exchange XAU/XAUR for it (and you will get the base value), this is called melting. For the time being, it is not profitable at all to melt a XAU and in the near future it wouldn't be profitable to melt a XAUR unless the market price is under the price of the base value. This has never happened before. I hope we get some contract, some purchase order and some pictures to show for that ... |
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1315
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Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS]
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on: July 22, 2016, 08:49:58 AM
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Quelques statistiques concernant RICO Mint I :
Valeur des fonds utilisés pour le monnayage : 597755,8446 $
Xaurum généré : 15679018,6272 XAUR
Or correspondant aux fonds (acheté au prix de 54,8$/g) : 10907,95337 g
Réserve monétaire de Xaurum (XAUR généré + XAUR issu de XAU) : 75672214,5632 XAUR
Réserve d'or (or existant + or acheté avec les fonds) : 27874,1875 g
La base d'or d'1 XAUR est donc de 75672214,5632/27874,1875 = 0,00036835432 g
Le nouveau coût de minage (RICO Mint II) d'1 XAUR est donc (je n'ai pas vérifié avec la formule) 0.03812457009 $
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1318
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO
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on: July 21, 2016, 02:29:56 PM
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2.27093139107 XAU comes from 661/291.07 (BTC price divided by minting cost), minting cost is actually what costs an investor to mint a XAU (you invest 291,07$ and you get 1 XAU). If the price of 1g of gold is 54.80$ then 661$ would buy 661/54.8 = 12.06g. Can you please explain why you mentioned 11.6g? Can you also please elaborate more on: so the ratio of gold to xaurum increases.
Thx. Xaurum ratio is determined by gold reserves/Xaurum money supply, because the gold reserves increase more than the money supply, the base value of all xaurum grows. Does this mean that for the given example, the base value of a XAU will be 12.06/2.27093139107 = 5.31g ? (Whereas it was 2.26g before the RICO) No. the additional quantity is divided between all xaurum coins. OK, I just completely forgot about the XAU in circulation that will be exchanged for XAUR ... So we have XAUR from XAU, minted XAUR from invested crypto and fiat, and gold reserves bought using invested crypto and fiat. |
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1319
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Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS]
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on: July 21, 2016, 02:02:22 PM
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Le premier monnayage (RICO Mint I) est en cours.
Les fonds utilisés pour ce premier monnayage :
Fiduciaire : 511763,24 USD
Bitcoin : 125,01095652 BTC
Ethereum : 721,31485884 ETH
Lisk : 7788,57652511 LISK
Dorénavant, tous les fonds reçus seront utilisés pour le deuxième monnayage (RICO Mint II).
Les résultats du monnayage seront publiés dans quelques heures. |
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1320
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO
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on: July 21, 2016, 01:50:17 PM
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2.27093139107 XAU comes from 661/291.07 (BTC price divided by minting cost), minting cost is actually what costs an investor to mint a XAU (you invest 291,07$ and you get 1 XAU). If the price of 1g of gold is 54.80$ then 661$ would buy 661/54.8 = 12.06g. Can you please explain why you mentioned 11.6g? Can you also please elaborate more on: so the ratio of gold to xaurum increases.
Thx. Xaurum ratio is determined by gold reserves/Xaurum money supply, because the gold reserves increase more than the money supply, the base value of all xaurum grows. Does this mean that for the given example, the base value of a XAU will be 12.06/2.27093139107 = 5.31g ? (Whereas it was 2.26g before the RICO) |
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