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Author Topic: [ANN] Xaurum [XAUR]  (Read 325376 times)
thepo1m
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September 28, 2016, 10:20:43 AM
 #1101

Wow! Congrats to Xaurum it is now listed on bittrex. Sad for me i already sold my Xaurum coins because i badly need miney during those times. But if I gain a lot of btc again, i will but Xaurum because I know that it has a bright future Wink

That is what I was also thinking I saw the news, great work by Xarum team, what prompt me to get out of the token initially was the low volume on C-cex, I don't like trading a token with low volume because it affect my trading plan. I will add Xaur to my portfolio soon because Bittrex seems to be liquid enough for me. Have never been stuck in any trade there.

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September 28, 2016, 11:20:16 AM
 #1102


I agree with anarh that demand is the problem. If you for example need 20btc which is aprox 12k usd, the demand is so weak you would need at least a week to get 20btc at avg price of 30% lower then mint price. If you need it like really fast you can expect if you are optimistic to get 20btc at 40% lower then the mint price. And 12k$ - 20btc is a drop in the sea comparing to market cap of 8mio usd..

Just please dont give me arguments of 80btc daily volume since 60btc is fake for sure on ccx. Been watching volume lately and its a fact that there is fake vol in ccex. Since Trex is open now for few days its hard to say if there is also fake volume, but also the daily vol is 20 btc which is quite emabarassing for 8mio cap coin.


XAUR was only launched a few months ago. Demand is currently a problem. The obvious solution for the demand is higher frequency and volume of minting and of course mining. Both processes directly influence trade volume on exchanges. There are additional constant demand opportunities on the market as well.
I believe XAUR team is working hard at these solutions.
When this is set up, you will be able to sell unlimited quantities at production price, but you will not be able to buy a lot of XAUR below production price.

For now XAUR is top opportunity for mid to long term investment (6-12 months).

BTW: Can you name 2 coins or tokens without fake volume.


I agree with anarh that demand is the problem. If you for example need 20btc which is aprox 12k usd, the demand is so weak you would need at least a week to get 20btc at avg price of 30% lower then mint price. If you need it like really fast you can expect if you are optimistic to get 20btc at 40% lower then the mint price. And 12k$ - 20btc is a drop in the sea comparing to market cap of 8mio usd..

Just please dont give me arguments of 80btc daily volume since 60btc is fake for sure on ccx. Been watching volume lately and its a fact that there is fake vol in ccex. Since Trex is open now for few days its hard to say if there is also fake volume, but also the daily vol is 20 btc which is quite emabarassing for 8mio cap coin.


XAUR was only launched a few months ago. Demand is currently a problem. The obvious solution for the demand is higher frequency and volume of minting and of course mining. Both processes directly influence trade volume on exchanges. There are additional constant demand opportunities on the market as well.
I believe XAUR team is working hard at these solutions.
When this is set up, you will be able to sell unlimited quantities at production price, but you will not be able to buy a lot of XAUR below production price.

For now XAUR is top opportunity for mid to long term investment (6-12 months).

BTW: Can you name 2 coins or tokens without fake volume.

@puhi
You are probably joking about 2 tokens without fake vol, but you know what Im talking about.. Lets say BTC and ETH and...
80% of vol is fake, how fakes it? We can asume, but we dont know for sure, I only know that I ve taken advantage few times of the guy doing it.

Xaurum is nr 26 on market cap value.
Now question for you: You name 2 tokens with market cap 8mio or more (since we are looking get bigger ) and has 80% of fake vol??

Hard to answer since we dont know the amount of fake vol on other coins but I think you got the point..

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September 28, 2016, 11:38:46 AM
 #1103

@Jure90 I agree, they should buy a lot more from the exchange. They bought lousy 27btc from exchange out of 200k usd which is big mistake from minters.
This would set an example for everyone to set the demand going and liquidity would improve drastically. Demand would also encourage the hodlers not to sell on first "god feeling" its going down, which is not and everybody will sell when they needed to. Sell pressure would dry up, demand will be going and will be much closer to next mint price as it is now.
Also keep in mind that at least 50% of current hodlers dont understand the economy behind the coin and once they do, the history of prices and mints will show them all xaurum team means real bussines.

I bet many more ppl would buy coin, if they could see the exit, since demand at reasonable prices is pretty weak and selling pressure is fcking enormous I guess it turns them away.


These are all valid points, however I believe in systemic solutions, it would of course be nice if mints a bought more from the exchange (in an attempt to kickstart a higher volume), but a lot better when they have to do it. This is the function of the production price, if the market price is not high enough they have to buy from the market, and how much depends on how low the market price is. Xaurum had more starting problems with volume, because it is designed to be a store of value, and as we have seen functions realtively well as such. From the beginning there was always a very high price, but low daily volumes, because of this we've made the split to 8000, this has worked significantly, but will work even better once trader userbase grows.

Because volume (both hidden and seen) is the lifeblood of a currency, the living capital, there really is no magic trick we could attempt to increase it over night, it is a day to day struggle, an incremented growth that could be accelerated by some larger events, but ultimately depends on the fate of the project as a whole.
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September 28, 2016, 11:41:49 AM
 #1104


Maybe, just maybe we need some kind of Plan with milestones and info graphic with all important parameters which clearly show growth of xaurum. All holders of xaurum are ambassadors, we need to "be baptized in our belief" , we need tools to share good words and get more attention to project.
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September 28, 2016, 12:30:58 PM
 #1105


Maybe, just maybe we need some kind of Plan with milestones and info graphic with all important parameters which clearly show growth of xaurum. All holders of xaurum are ambassadors, we need to "be baptized in our belief" , we need tools to share good words and get more attention to project.
It will be done.
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September 28, 2016, 02:09:30 PM
 #1106

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.


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September 28, 2016, 06:01:06 PM
 #1107


@puhi
You are probably joking about 2 tokens without fake vol, but you know what Im talking about.. Lets say BTC and ETH and...
80% of vol is fake, how fakes it? We can asume, but we dont know for sure, I only know that I ve taken advantage few times of the guy doing it.

Xaurum is nr 26 on market cap value.
Now question for you: You name 2 tokens with market cap 8mio or more (since we are looking get bigger ) and has 80% of fake vol??

Hard to answer since we dont know the amount of fake vol on other coins but I think you got the point..
I got it.
Well it was a joke with quite a bit of bitter crypto reality in it. You got it and know why I said that.
In the flood of air pumped coins and tokens, this real value - down to earth XAUR story has started.

My view on fake volume is a bit more radical than yours. I do not believe there is one coin or token that has 100% real volume. Fake range is from 5% to 100% depending on the coin. Pumps and daily volume are usually done by investors investments in "development and marketing" :-) or by friendly 0% fee traders on all exchanges.

But lets go back talking XAUR more...

 
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September 29, 2016, 12:02:25 PM
 #1108

Will Iconomi invest some money in Xaurum project?
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September 29, 2016, 12:21:27 PM
 #1109

Today we're begining to advertise our new bittrex markets on coinmarketcap, and continuing our efforts to get listed on as much exchanges as possible.

There is a new Ethereum wallet update, make sure to update if you're experiencing issues with syncing.

We're also happy to announce there was an article about Xaurum on Coincheck.

... sic manet gloria mundi.
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September 29, 2016, 12:30:52 PM
 #1110

Today we're begining to advertise our new bittrex markets on coinmarketcap, and continuing our efforts to get listed on as much exchanges as possible.

There is a new Ethereum wallet update, make sure to update if you're experiencing issues with syncing.

We're also happy to announce there was an article about Xaurum on Coincheck.


great news dev.
I am glad that the project is progressing.

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September 29, 2016, 12:55:19 PM
 #1111

Today we're begining to advertise our new bittrex markets on coinmarketcap, and continuing our efforts to get listed on as much exchanges as possible.

There is a new Ethereum wallet update, make sure to update if you're experiencing issues with syncing.

We're also happy to announce there was an article about Xaurum on Coincheck.
great article dev. Congrats, retweet @poloniex pls:
https://twitter.com/dandidanillo/status/781477034077851648

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September 29, 2016, 03:27:13 PM
 #1112

Nice daily volume over 20 BTC https://bittrex.com/Market/Index?MarketName=BTC-xaur

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September 29, 2016, 07:21:59 PM
 #1113

Today we're begining to advertise our new bittrex markets on coinmarketcap, and continuing our efforts to get listed on as much exchanges as possible.

There is a new Ethereum wallet update, make sure to update if you're experiencing issues with syncing.

We're also happy to announce there was an article about Xaurum on Coincheck.

Very great news!!!... keep working  Grin

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October 01, 2016, 07:35:48 AM
 #1114

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.




How the Goldmine will make a stronger demand for xaur, how it will empower buying force?
nihilnegativum
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October 01, 2016, 12:21:02 PM
 #1115

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.




How the Goldmine will make a stronger demand for xaur, how it will empower buying force?
Like minting, mining produces new XAUR only when the price is high enough, so until that point it buys from the market.
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October 01, 2016, 12:27:55 PM
 #1116

Did xaurum have can withdraw from exchange site.
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October 03, 2016, 12:23:28 PM
 #1117

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.




How the Goldmine will make a stronger demand for xaur, how it will empower buying force?
Like minting, mining produces new XAUR only when the price is high enough, so until that point it buys from the market.

For me mining is a source of higher supply not demand.
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October 03, 2016, 12:29:21 PM
 #1118

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.




How the Goldmine will make a stronger demand for xaur, how it will empower buying force?
Like minting, mining produces new XAUR only when the price is high enough, so until that point it buys from the market.

For me mining is a source of higher supply not demand.
But here mining will also increase the amount of gold backing the tokens. So mining will increase the value of each XAUR.

You wont be mining XAUR directly. You will be mining other coins which will be sold for gold to increase the XAUR gold base. In the process the miners will be awarded tokens at a conversionrate  similar to the minting price.

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October 03, 2016, 12:31:11 PM
 #1119

Now we have BiTTREX, but a miracle has not happened. Daily volume and a market price decreased. What is next? Any news, any strategy from any side?
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October 03, 2016, 12:33:58 PM
 #1120

Sounds like a Board Room in here. That's good. Do you realize that Xaurum is 1 of a few currency assets in the "World" backed by gold?
If the economy takes a dump...and it will...gold prices will rise expeditiously. I always hear the term "Bitcoin...the Gold of crypto" and I laugh.
When the Goldmine opens... crypto capital will flow into Xaurum and more gold will be purchased. Once this happens people will jump on the bandwagon again...however, that bandwagon ticket will cost a lot more this go around. Once the Goldmine is open...hold that thought.

Iconomi will have to make a Xaur buy....from the exchanges. I'll let you figure out the rest.

When the Goldmine opens the wheels can turn as planned. The Goldmine is like a vortex feeding the value of this coin. Don't think exchanges and trade volume...that's old news. Think Goldmine.




How the Goldmine will make a stronger demand for xaur, how it will empower buying force?
Like minting, mining produces new XAUR only when the price is high enough, so until that point it buys from the market.

For me mining is a source of higher supply not demand.
But here mining will also increase the amount of gold backing the tokens. So mining will increase the value of each XAUR.

You wont be mining XAUR directly. You will be mining other coins which will be sold for gold to increase the XAUR gold base. In the process the miners will be awarded tokens at a conversionrate  similar to the minting price.

Ok. Thank you.
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