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Author Topic: [ANN] Xaurum [XAUR]  (Read 326518 times)
XaurumQA
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August 16, 2017, 10:13:29 AM
Last edit: August 16, 2017, 11:25:19 AM by XaurumQA
 #2961

What's going on guys? Are the developers running away and is this really dead coin? Sure looks like that!

No official information, Martin is allready on Krk in the villa or what? Martin should be answering our questions, but he is here less than average investor.

To my question:
I have a feeling that the price is dropped on purpose. Maybe developers want to buy big amounts and are letting the price drop. Otherwise I can not explain to myself why there are no mints. And no official information, like I explained.
Other possibility is, there is no money in the mint (or it was used for somethig else instead of gold). How can this be when new big markets are opening, I can not explain (or the markets are not so "big")... Can the money be used for something else instead of gold? Have the investors some protection here?

Either way it is bad. And the worst thing is that we have no real answers, just some believers saying "be patient". I can be patient, but you have to admit that the PR is really bad!

I'm still buying the coins because I still believe, but at least admit that the things smell really bad for average investor. Just words and the constant falling price...

I hope I'm not throwing away my money.




Hello!

I would like to open this report with news that Xaurum first time ever surpassed 1.000.000 USD 24h trading volume.

Secondly I would like to respond to accusations of not being present on forum and that the team does not deliver information to the public. Here are the dates of last 7 official announcements made by Aurum project or by XaurumQA on this forum (23.7., 27.7., 30.7., 1.8., 3.8., 4.8., 6.8.). Even more frequent communication is delivered via social media.

We are trying to answer all the questions directed to QA in 24hrs. Mp777, your question was posted yesterday at 06:43:26 pm and is being answered now:

Developers are not running anywhere, they are working hard as we speak. Regarding the PR and social media presence things are improving, it is not a promise it is a fact, you can check our social media profiles and see at least 400% increase of posts and other communication. PR team is also working hard, you can expect Xaurum and its projects being present on at least 7 web platforms in next 10 days.
Money gathered via production price buys is meant to be used in mints only. You are correct, new big markets are opening. They are not opened yet. Again it is not a promise, it is a fact. It is work in progress. Since we strive to conduct our business only on high legal standards and having best interest of Xaurum holders constantly in our mind, it takes some time before all the conditions to start trading in new markets are met.

Thank you for your concern.

Best,

XaurumQA
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Mp777
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August 16, 2017, 11:37:08 AM
 #2962


Hello!

I would like to open this report with news that Xaurum first time ever surpassed 1.000.000 USD 24h trading volume.

Secondly I would like to respond to accusations of not being present on forum and that the team does not deliver information to the public. Here are the dates of last 7 official announcements made by Aurum project or by XaurumQA on this forum (23.7., 27.7., 30.7., 1.8., 3.8., 4.8., 6.8.). Even more frequent communication is delivered via social media.

We are trying to answer all the questions directed to QA in 24hrs. Mp777, your question was posted yesterday at 06:43:26 pm and is being answered now:

Developers are not running anywhere, they are working hard as we speak. Regarding the PR and social media presence things are improving, it is not a promise it is a fact, you can check our social media profiles and see at least 400% increase of posts and other communication. PR team is also working hard, you can expect Xaurum and its projects being present on at least 7 web platforms in next 10 days.
Money gathered via production price buys is meant to be used in mints only. You are correct, new big markets are opening. They are not opened yet. Again it is not a promise, it is a fact. It is work in progress. Since we strive to conduct our business only on high legal standards and having best interest of Xaurum holders constantly in our mind, it takes some time before all the conditions to start trading in new markets are met.

Thank you for your concern.

Best,

XaurumQA

Thank you QA!
When price falls, no mints, no information "why no mints", people start to ask if developers are abandoning the project.

About the mints, is the process being changed or is there any other reason why we don't have them? I know the mints are not announced, just information if we can expect them in future (next months)? Mints are the difference between Xaurum and other cryptos, they make Xaurum at least to hold its price.

Thank you and keep the promising story living.

XaurumQA
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August 16, 2017, 11:54:30 AM
 #2963


Hello!

I would like to open this report with news that Xaurum first time ever surpassed 1.000.000 USD 24h trading volume.

Secondly I would like to respond to accusations of not being present on forum and that the team does not deliver information to the public. Here are the dates of last 7 official announcements made by Aurum project or by XaurumQA on this forum (23.7., 27.7., 30.7., 1.8., 3.8., 4.8., 6.8.). Even more frequent communication is delivered via social media.

We are trying to answer all the questions directed to QA in 24hrs. Mp777, your question was posted yesterday at 06:43:26 pm and is being answered now:

Developers are not running anywhere, they are working hard as we speak. Regarding the PR and social media presence things are improving, it is not a promise it is a fact, you can check our social media profiles and see at least 400% increase of posts and other communication. PR team is also working hard, you can expect Xaurum and its projects being present on at least 7 web platforms in next 10 days.
Money gathered via production price buys is meant to be used in mints only. You are correct, new big markets are opening. They are not opened yet. Again it is not a promise, it is a fact. It is work in progress. Since we strive to conduct our business only on high legal standards and having best interest of Xaurum holders constantly in our mind, it takes some time before all the conditions to start trading in new markets are met.

Thank you for your concern.

Best,

XaurumQA

Thank you QA!
When price falls, no mints, no information "why no mints", people start to ask if developers are abandoning the project.

About the mints, is the process being changed or is there any other reason why we don't have them? I know the mints are not announced, just information if we can expect them in future (next months)? Mints are the difference between Xaurum and other cryptos, they make Xaurum at least to hold its price.

Thank you and keep the promising story living.



Hello! You are welcome. Minting process was not changed. And mints will definitely happen in the future since this is one of the most important Xaurum features.

Best,

XaurumQA
Kovanec
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August 16, 2017, 12:20:56 PM
 #2964

I think there is no need for minting when the price is as low as it was recently. That means that there are enough xaurums created. With minting you create new xaurums and there is no need for new ones at the moment. If the market price goes close to the production price it means there is enough demand for new xaurums to be created with mint. That is how I see it.  I could be wrong...
Mp777
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August 16, 2017, 12:32:49 PM
 #2965

I think there is no need for minting when the price is as low as it was recently. That means that there are enough xaurums created. With minting you create new xaurums and there is no need for new ones at the moment. If the market price goes close to the production price it means there is enough demand for new xaurums to be created with mint. That is how I see it.  I could be wrong...

You are correct since the demand is lower than the offer. But until now this was not stopping the mint, the mint happened, only new production price stayed the same. The solution would be a mint that buys everything from the market and produces no new coins.

But on the other hand, the coins are produced anyway and not only with mint. I get coins always 5 days after I pay regardless of the mint. Mint only calculates new production price and buys gold.
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August 16, 2017, 01:12:23 PM
 #2966

As far as I know only the last mint kept the same production price as previous. Since it was not that big. 3 kg of gold was bought. If you look the number of coins created you can see the number has not increased since then. The number is falling a litle bit because of transaction fees. If nobody would sell under production price than it would make more sense for new investors to buy via mint. The price and gold would keep rising.
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August 16, 2017, 04:34:26 PM
 #2967

Yes that mints were small and production price stays the same. I guess you can make mints all the time under certain circumstances. But you can make more harm than good with that.
Mp777
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August 17, 2017, 05:47:53 AM
 #2968

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.
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August 17, 2017, 05:54:38 AM
 #2969

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.
ZoranGajic
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August 17, 2017, 07:32:02 AM
 #2970

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.

Great news, ty Wink
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August 17, 2017, 01:26:24 PM
 #2971

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.

Great news, ty Wink

Sounds promising. It was a bit early in the game but expected sooner or later.
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August 17, 2017, 02:07:28 PM
 #2972

It really looks like we have a new minter!If this is true it is a very good move, more minters we have more mints we can expect.
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August 17, 2017, 02:47:51 PM
 #2973

Yesterday Xaurum reached its 24h trading volume record with more than 1.500.000 USD – most of the trading was made on Bittrex.

Since the cryptocurenncy market boomed, Bittrex became the biggest trading platform (https://coinmarketcap.com/exchanges/volume/24-hour/
). Bittrex was one of the first platforms that listed Xaurum. We are especially proud of that fact since their team made extensive compliance review of our token which also includes evaluation of the legal risk of each reviewed token. Only four currencies successfully passed this review, one of them was Xaurum.


BITTREX: “Our research consist of any combination of the following (and possibly more):

1) Background checks on the principle owners of a business launching a blockchain
2) Verifying that a company is registered; i.e. if you say you are registered in Dubai, we may check that you are
3) Understanding the business process; i.e. if you say you are handling gold and storing it securely, we're going to walk through every aspect of that process
4) Code reviews of technology that we're not readily familiar with; for instance, if you write a whole blockchain client in Erlang, we'll have to hire experts to help code review it with us
5) Applying the Howey test to your token to understand whether or not it is a security
6) Determining if the token violates any CFTC guidelines
7) Understanding how/if US laws apply to your token.”


... sic manet gloria mundi.
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August 17, 2017, 05:34:49 PM
 #2974

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Cheesy Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD... Cheesy
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August 17, 2017, 06:48:34 PM
 #2975

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Cheesy Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD... Cheesy


We like that kind of buyers I guess. 😉
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August 18, 2017, 09:12:48 AM
 #2976

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.
Mp777
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August 18, 2017, 11:55:02 AM
 #2977

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.


Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?
Domenc
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August 18, 2017, 11:56:20 AM
 #2978

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.


Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?

I think that this is not masternode but bittrex address... but I am not sure..
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August 18, 2017, 12:01:25 PM
 #2979

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.


Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?

I think that this is not masternode but bittrex address... but I am not sure..

It is exchange for sure and I believe it is Bittrex... The volume on other exchanges is way to small :-)
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August 18, 2017, 12:09:32 PM
 #2980

Everyone me included thought it was a new minter but it really looks like it is Bittrex address. September is almost here and agents will be working out, new web coming, new countries coming too so i think we will breath much easier in september.
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