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1321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO on: July 21, 2016, 10:43:10 AM
BT
Xaurum RICO begins

At the moment xaurum price is 454,13$ , the average price from the announcement to today, that will be used for RICO minting was determined as 428,4$. This means, according to the Xaurum coinage formula, the minting price during the RICO would be 291,07$ for old XAU, considering the splitting, this means the minting price of new xaurum will be 0.03638375$ per XAUR.

According to this and the calculation tables, for every BTC I invest worth ~$650, I will get XAUR at the rate of $428.4 per 8000, so ~12138 XAUR/BTC.  This will be used to buy gold, but at the base rate, which is 2.26g/XAU.  This means I'm getting $123.85 worth of gold for every $428.4 invested.  Or ~$188 of physical gold backing each $650(1 BTC) worth of investment.  Is this true or is my math incorrect?

1g 999.9 GD Nadir goldbar costs 54,80$ (including storage and insurance),
BTC = 661$;

You get 2.27093139107 XAU * 8000 = 18167.4511286 XAUR and 661$ of gold is bought for the commonwealth (11.6 g) so the ratio of gold to xaurum increases.

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.
1322  Bitcoin / Bitcoin Wallet for Android / Unable to send bitcoins from my Android wallet on: July 21, 2016, 09:50:17 AM
Hi,

I am using https://f-droid.org/repository/browse/?fdfilter=bitcoin&fdid=de.schildbach.wallet and I am unable to send bitcoins.

For the moment I have 11674 microBTC, whichever amount I try to send, I am always missing some microbitcoins.

After some tests, here is what I got when trying to send :
- 11625 I am missing 1
- 11626 I am missing 2
- 11624 I am missing 643
- 11623 I am missing 642

I tried the same when I had much less, I thought that since my balance was low I couldn't send bitcoins, so I sent 1100 microBTC to my mobile wallet and still had the same exact issue, and finally sent 0.01 BTC and I'm still experiencing the issue.

FYI, I had used the same wallet to send smaller bitcoins' amounts and it worked, but now it seems I can not send bitcoins anymore.

My smart phone is not rooted and I am using the latest version of the wallet (4.61) from F-Droid.

Thank you.
1323  Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS] on: July 20, 2016, 10:09:37 PM
Le stockage de l'or

Les représentants de Xaurum ont finalisé un accord avec Loomis à Stockholm pour un stockage sûr avec une assurance multi-risques.

Loomis créera un accès web pour examiner la quantité d'or stocké, ça mettra probablement du temps mais une fois l'accès disponible, tout le monde y aura accès.

Le site web de Loomis pour plus d'infos : www.loomis.com/en/About-Loomis

La réserve d'or

Les représentants de Xaurum ont finalisé un accord avec Nadir pour des barres d'or 999,9 pur de 1g.

Plus d'infos sur Nadir ici : nadirmetal.com.tr/en/home.

La collecte de fonds


1324  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO [OPEN] on: July 20, 2016, 04:39:52 PM

Once the RICO is over, minting will only be available to masternodes (you must have 8 000 000 XAURs to qualify for that), mining, buying and selling of XAUR will be available.


8 000 000 XAURs for running a Masternode?  Isnt that a bit much? Smiley The total supply is just about ~50 million currently.

I don't know if they're gonna change that ...
According to http://www.xaurum.org/mint.html, a masternode should have 1000 XAUs (8 000 000 XAURs after the RICO) and yes that's 7 masternodes for the available supply (7487 XAUs).
1325  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO [OPEN] on: July 20, 2016, 10:16:33 AM
Hi, I want to buy Xaurum  in RICO.
Can you tell me the simple process for this and what is the price of Xaurum   in RICO?

Hi,

During the RICO, you mint XAURs (that's the only available operation), minting has a cost:

Xaurum RICO begins

At the moment xaurum price is 454,13$ , the average price from the announcement to today, that will be used for RICO minting was determined as 428,4$. This means, according to the Xaurum coinage formula, the minting price during the RICO would be 291,07$ for old XAU, considering the splitting, this means the minting price of new xaurum will be 0.03638375$ per XAUR.

So you deposit crypto (BTC, ETH and/or LSK) or fiat (USD, EUR, RUB and/or GBP) and tomorrow at 12:00 CET, the first mint will take place, afterwards, a mint will take place each 3 days. You'll get your share of XAURs from the mint depending on how much you invested (as I understood it).

You can also deposit XAU (the old) which will be directly converted to XAUR (1XAU = 8000XAUR).

Some additional information on the RICO:

We ask all old Xaurum users to use the rico.xaurum.org page to exchange the old Xaurum for the new. The new funds, that will be used for minting, will be collected and minted on 3 days (first mint will be Thursday, 21th of July at around 12.00 CET).
Once the RICO is over, minting will only be available to masternodes (you must have 8 000 000 XAURs to qualify for that), mining, buying and selling of XAUR will be available.

To get a hint on how much the price of a XAUR will be, you can divide the current price of a XAU by 8000.
1326  Local / Annonces / Re: [ANN] RICO de Xaurum [EN COURS] on: July 19, 2016, 09:49:15 PM
L'équipe Xaurum annonce qu'elle a signé le contrat avec Loomis et que dès que Nadir enverra l'or à Loomis, tout le monde aura la possibilité de vérifier la quantité d'or disponible.

Voilà où en est la collecte de fonds :

1327  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Xaurum RICO on: July 19, 2016, 06:10:19 PM
Wish to have joined during the first week of the campaign. Where is their thread to the twitter campaign?

Here it is https://bitcointalk.org/index.php?topic=1554708.
1328  Local / Annonces / Re: [ANN] RICO de Xaurum on: July 19, 2016, 01:28:42 PM
Pour suivre l'actualité du RICO, en plus des fils de discussion sur le forum, voici :
- Le fil d'actualité Twitter : https://twitter.com/XaurumOfficial
et
- La page Facebook : https://www.facebook.com/xaurumofficial
1329  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BellaCoin [BELA] - scrypt coin - Annoucement on: July 19, 2016, 07:54:49 AM
Exactly, you are right if you choose the payout method at prohashing '' Bellacoin'' it doesnt work. You have to choose ''BTC'' payout so it pays off your rental fee.

The standard payout method is BTC at prohashing, i forgot it to change to bellacoin because of that my bellacoin tx was confirmed and i got btc for mining bellacoin. The platform directly exchanges your bella for btc if you leave it like that. After all tx are confirmed, strangely you cant mine anymore bella and it switches to the most profitable mode. İ think its due to the non existing tx thats why you cant move the blockchain.

Ah, that's the info I was missing, now it makes sense to me, thx for clearing that up.

We have these problems because no one mines bella...

Yes, once ChessCoin dropped backing BellCoin (dropped the Bela rate from 1k sats to 100 sats), it was no more profitable for anybody to get Belas to invest them ...
1330  Local / Annonces / Re: [ANN] RICO de Xaurum on: July 18, 2016, 09:58:53 PM
Et ben les dépôts ne s'arrêtent pas et ça ne fait que 12h ...



BTC : 34,12348794
ETH : 170,94931463
XAU : 3539,71611054
LSK : 1,9
USD : 241974,42

En prenant les prix de coinmarketcap, ça fait 34,12348794*673,44 + 170,94931463*11,21 + 3539,71611054*459,35 + 1,9*0,309416 + 241974,42 = 1892840,067$
1331  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲ 1 Xaurum ≥ 2,262g 999.9 gold ▲ on: July 18, 2016, 09:39:13 PM
Some additional information on the RICO:

We ask all old Xaurum users to use the rico.xaurum.org page to exchange the old Xaurum for the new. The new funds, that will be used for minting, will be collected and minted on 3 days (first mint will be Thursday, 21th of July at around 12.00 CET).
Could you please give a more detailed explanation about how to swap my XAU to XAUR?

I am holding my funds on CCex and registered on rico.xaurum.org. However, when I log in, neither does it show me a deposit address for my XAU (it just shows a deposit adress for Lisk), nor do I see any "swap feature" on the site.

Thanks a lot!

Well that's very odd, when I login, I see four deposit addresses: XAU, BTC, ETH and LISK; and four fiat balances: USD, EUR, RUB and GBP.

As I understand it, you just have to deposit your XAU on your address on http://rico.xaurum.org.

That might be hard if you don't see a XAU deposit address ...

Maybe try using another browser, emptying your cache and/or removing your cookies.
1332  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲ 1 Xaurum ≥ 2,262g 999.9 gold ▲ on: July 18, 2016, 09:31:18 PM
The only downside is that selling your coins quickly after the purchase would likely result in a small loss

Can you please elaborate more on why you think selling XAU quickly after purchasing would result in a small loss?

As you said you are buying them for more than the gold price. So it is possible for the value to drop without hitting the gold value floor. So maybe the correct word would be possibly instead of likely. By holding them long term you will have better chances of a profit as I see it.

Indeed if you replace likely by possibly, it's more accurate Wink cuz I did understand it as probably and I wondered why ...

Well you never know what the market holds for the future, XAUR could plummet, gold could plummet (that's very unlikely, but you never know as this is controlled by forces far beyond our reach ...).

1333  Local / Annonces / Re: [ANN] RICO de Xaurum on: July 18, 2016, 09:12:53 PM
Le RICO de Xaurum vient de commencer

En ce moment 1XAU vaut 454,13$. Le prix moyen depuis la publication de l'annonce jusqu'à aujourdh'ui, et qui sera utilisé pour le monnayage est 428,4$. Par conséquent, et selon la formule de génération de monnaie, le prix (coût) du monnayage pendant le RICO sera 291,07$ pour un ancien XAU. En appliquant la division (par 8000), le coût du monnayage d'un nouveau XAU (un XAUR) sera 0,03638375$.


donc le XAU est bradé à 290 $ pour le RICO, cela semble intéressant, si je ne me trompe pas..en achetant 8000 XAUR j'investi 290 $ et peux les revendre au pris du marché à 454 $ à la fin du RICO ? ou le nouveau prix à la fin du RICO sera de 290$ pour 8000 XAUR ?

En termes de calcul j'ai compris la même chose. Un peu plus d'infos là-dessus (en gardant les valeurs de XAU (l'ancien)) : Tu paies 290$ pour pouvoir monnayer (mint) un XAU, et ce pendant les 3 premiers jours du RICO, le coût du monnayage augmentera tous les 3 jours d'après ce que j'ai compris. Aussi, le monnayage n'est d'habitude accessible qu'aux masternodes (pour être masternode, il faut avoir 1000 XAUs) or pendant le RICO tout le monde peut monnayer (c'est d'ailleurs la seule opération possible). Donc une fois que t'auras monnayé un XAU, tu pourras effectivement le vendre au prix du marché une fois le XAUR introduit sur les plateformes d'échange, qui peut être à 454$ ou plus ou moins (on ne sait pas vraiment vu qu'on aura des XAURs à la place).

Le monnayage est l'opération la plus intéressante dans Xaurum sauf qu'elle n'est d'habitude pas facilement accessible (car il faut avoir 1000 (anciens) XAUs). Pendant le RICO elle est accessible à tout le monde et en plus comme on monnaies des XAURs (et plus des XAUs) tu peux mettre moins de 290$ si tu veux.
1334  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BellaCoin [BELA] - scrypt coin - Annoucement on: July 18, 2016, 08:51:41 PM
so with 320 mh/s i got many coins but i dont know how many.. But in btc value i got my money back (renting fees) and my transaction went to poloniex so it was a good deal for me Smiley

Good for you then Wink. Does this mean Belas were directly credited on your poloniex address? I mean if you had to withdraw Belas, then somebody must have had to keep mining for the transaction to be confirmed ...

As i said i was the one mining to move the blockchain:) So i mined to get my transaction confirmed. İt was done in 5 or 10 minutes but i rented high hashing power maybe thats why it was confirmed so fast.

Do you have any unconfirmed tx ?

There still is something I don't uderstand. Let's name ktx a transaction of yours Smiley. As far as my understanding goes, here is how I see things:

ktx1 is stuck
k mines Belas to move the blockchain
ktx1 is confirmed (after 5 or 10 minutes)
k continues to mine Belas for 3 hours
k earns some additional Belas (because he mined for 3 hours)
k wants to send his earned Belas to poloniex in ktx2
ktx2 is stuck (cuz noone is mining)
unless k is still holding his mined Belas

Can you please point out what's not correct in my scenario?

And yes I do have one unconfirmed transaction.
1335  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲ 1 Xaurum ≥ 2,262g 999.9 gold ▲ on: July 18, 2016, 08:32:11 PM

Just wanted to point out that up until now, XAU price never went under its gold base value, so there doesn't seem to be any good reason (economically speaking) to exchange XAU for gold.
No but it does mean that the value wont drop lower than the value of gold. By not tying the value to the gold it does give it a bit more room for profits.
The only downside is that selling your coins quickly after the purchase would likely result in a small loss. And a crash in gold prices could also hurt the value.

As I see it the main value of this coin is storage of wealth. For long term investments this coin would most likely yield a decent profit. For short term investments I think there are better options out there.

I think there is no need for a "No but" Smiley, I just said that melting a XAU is not profitable as the price of XAU is greater than the price of its gold value (the one corresponding to the amount of gold received when a XAU is melted). That's actually a fact Smiley.

Can you please elaborate more on why you think selling XAU quickly after purchasing would result in a small loss?
1336  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [🚀][ANN][Aurum Project] 💠 Xᴀᴜʀᴜᴍ 💠 ▲ 1 Xaurum ≥ 2,262g 999.9 gold ▲ on: July 18, 2016, 06:20:28 PM
how can we contact the XAURUM team ?

any email address ? cannot find on the website

it's for someone without bitcointalk account

In the RICO thread https://bitcointalk.org/index.php?topic=1546279, they provide their email address, here it is info@xaurum.org.

And if someone buys a coin which is representative of a "real physical gold" and orders that will be delivered, so if someone does order delivery of  for example 10 grams of gold (equivalent of a coin's value) will you take out that gold bar from the vault, melt it just to send out that 10 grams? And will it be shipped by post - no delivery charges?

Just wanted to point out that up until now, XAU price never went under its gold base value, so there doesn't seem to be any good reason (economically speaking) to exchange XAU for gold.
1337  Local / Annonces / Re: [ANN] RICO de Xaurum on: July 18, 2016, 05:55:20 PM
Une question me trotte dans la tête : ou sont les preuves de livraison des personnes qui ont voulu faire fondre leurs XAURUM ?

J'ai posé la question a Aurum Project, on m'a dit qu'à ce jour, il y a quand même eu deux échanges de XAUs contre leurs valeurs en or ...

Quelqu'un peut m'expliquer quelle va être la différence avec DigixDao ?

Je suis pas contre non plus. Merci d'avance

la diff semble être la preuve de participation..l'un est asset POA (dgd) et l'autre une monnaie POW (xau)..digix ne semble pas prendre de valeur alors que xaurum augmente à chaque création de nouveau token.

J'ai aussi demandé concernant les différences avec DigixDao, et ce qu'on m'a dit rejoint le commentaire de galaxiekyl et donc que DigixDAO est une représentation numérique d'un bien physique (l'or) (et donc sa valeur en or ne change pas) alors que la base or de Xaurum augmente.
1338  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BellaCoin [BELA] - scrypt coin - Annoucement on: July 18, 2016, 05:15:17 PM
so with 320 mh/s i got many coins but i dont know how many.. But in btc value i got my money back (renting fees) and my transaction went to poloniex so it was a good deal for me Smiley

Good for you then Wink. Does this mean Belas were directly credited on your poloniex address? I mean if you had to withdraw Belas, then somebody must have had to keep mining for the transaction to be confirmed ...
1339  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: XAURUM Signature Campaign [OPEN] on: July 18, 2016, 12:36:47 PM
hello OP. when will you updated the weekly post count in spread sheet. so that we now if we are qualified.

That would be very helpful for the participants to see if they're on a good track.

and if the member is join in second week. is the bounty is the same for those who joined in first week. thanks.

As yahoo62278 said, the rate will go down to 825XUAR:

Anyone who joins past 23:59 UTC tonight posts will be counted towards next week and the rate will go down to 825 XUAR.

Btctalk name: amaurismo
Post count: 84

The campaign seems to have ended:

This campaign is now full. Please make sure to meet weekly requirements if you expect to get paid, I will be checking.
1340  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BellaCoin [BELA] - scrypt coin - Annoucement on: July 18, 2016, 10:39:11 AM
İ rented the rig from miningrentals.com. You have to choose a scrypt rig and  the speed you want. The minimum amount renting time is 3 hours. İ dont know how much speed you need.. İ rented 350 mh i think it was too much Cheesy Dont know exactly how much hashing power you need to move the bella blockckain effectively.. İn my case all stucked transactions got through in 5 minutes. So less would be enough i think.

miningrentals.com is for sale ..., the name gave me a hint to find https://www.miningrigrentals.com/, thx Wink

then you have to go to https://prohashing.com/explorer/Bellacoin/, the only active pool for bella. Make an account.
How to mine   prohashing.com:3333, password "c=Bellacoin" put this in the pool options of the rented rig. so:

stratum: prohashing.com:3333
username: (the one you chosse at prohashing no worker name or somethimg)
password: c=Bellacoin

depending on the hashing power it should work very fast. And let your wallet open so you can see live that everthing works

Thx for the steps.
By the way, https://bella.suprnova.cc is another active pool.

So, how many Belas did you mine during those three hours?
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