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Author Topic: [ANN] Xaurum [XAUR]  (Read 226442 times)
geopolisch
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August 30, 2016, 07:06:12 AM
 #901

Price @CCEX is bellow the production price. What will happen next? Another Mint? Who will provide flat?

Thanks.
Only way is for the dev team to make a pump.

Pump from dev won't help it all at this time. because everyone from signature and other bounties bumping their coins now. these stupid don't know anything about a good project and its future. they only interested to get cash..
let them dump all their coins and when all coins come to serious holders and investor's hand the price will grow up after that..
this is game of patience guys.. more patience give you more profit.

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sunce33
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August 30, 2016, 07:58:07 AM
 #902

I Withdraw xaurum from rico.xaurum.org to c-cex.com few days ago but xaurum not arrived yet.Why?Whats problem?Why need so long to arrived?

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axxo
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August 30, 2016, 08:03:06 AM
 #903

I Withdraw xaurum from rico.xaurum.org to c-cex.com few days ago but xaurum not arrived yet.Why?Whats problem?Why need so long to arrived?

Perhaps there was a delay to prevent dumping issues among holders.

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August 30, 2016, 12:11:25 PM
 #904

Price @CCEX is bellow the production price. What will happen next? Another Mint? Who will provide flat?

Thanks.
Only way is for the dev team to make a pump.

Pump from dev won't help it all at this time. because everyone from signature and other bounties bumping their coins now. these stupid don't know anything about a good project and its future. they only interested to get cash..
let them dump all their coins and when all coins come to serious holders and investor's hand the price will grow up after that..
this is game of patience guys.. more patience give you more profit.


Production price? yes but that production price was calculated from a much higher last price..


1 g gold is worth 132000/31.1 = 4244 cent
2510 coins = 1g gold
4244 / 2510 = 1.69 cent

RICO price was 3.8 cent
the gold backing 1 coin is worth 1.69 cent
last price is now 8.4 cent


minting = buying coins between gold backing price and last price.

after each mint the gold/coin increase some, but since the minter also gets alot of cheap coins the last price will decrase if they sell/dump.


the gold/coin worth is like a baseline for the price, atm. 1.7 cent. in 1 year maybe 2-3 cent..


I dont think its worth buying when the gap between gold worth / coin and last price is big, like now.

RICO price was ok, I think it will go down to 4-5 cent. Maybe a fair price is 3x gold backing price.. atm. 1.7 x 3 = 5,1

I sold all my coins with massive profit, will buy if price reach 2x gold backing price = 3.4 cent atm.

Ivanovski
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August 30, 2016, 01:54:40 PM
 #905

And why do you think that the price will go down to 5cent? I honestly think that the fair price for this coin is the biggest off all coins! Every other coin is worth exactly 0$ when it comes to dump. So the gold backing one coin is worth 1.69 cent.... still much more then all others Wink
georgecheng81
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August 30, 2016, 02:02:16 PM
 #906

Anyone can assist me? My xuarum inside the xuarum contract under the etherum wallet , how to transfer to the Xuarum wallet? Any mistake i done, that, ended the xuarum inside the contract?

Thank
kaicrypzen
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August 30, 2016, 02:46:00 PM
 #907

Anyone can assist me? My xuarum inside the xuarum contract under the etherum wallet , how to transfer to the Xuarum wallet? Any mistake i done, that, ended the xuarum inside the contract?

Thank

Well maybe you mistakenly used the contract address instead of your address ... If that's the case, then I think the only way to recover your coins is to ask the dev team to return them to you ...

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keskerdark
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August 30, 2016, 06:51:48 PM
 #908

And why do you think that the price will go down to 5cent? I honestly think that the fair price for this coin is the biggest off all coins! Every other coin is worth exactly 0$ when it comes to dump. So the gold backing one coin is worth 1.69 cent.... still much more then all others Wink

biggest of all? XAUR is just a token on ethereum...

Aurum Project
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August 30, 2016, 07:14:42 PM
 #909

Coinmarketcap and cryptocompare now display the correct market supply directly from etherscan.


Please do not send XAUR to smart-contracts, they can not be retreived.

... sic manet gloria mundi.
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August 30, 2016, 07:37:51 PM
 #910

Price @CCEX is bellow the production price. What will happen next? Another Mint? Who will provide flat?

Thanks.
Only way is for the dev team to make a pump.

Pump from dev won't help it all at this time. because everyone from signature and other bounties bumping their coins now. these stupid don't know anything about a good project and its future. they only interested to get cash..
let them dump all their coins and when all coins come to serious holders and investor's hand the price will grow up after that..
this is game of patience guys.. more patience give you more profit.


Production price? yes but that production price was calculated from a much higher last price..


1 g gold is worth 132000/31.1 = 4244 cent
2510 coins = 1g gold
4244 / 2510 = 1.69 cent

RICO price was 3.8 cent
the gold backing 1 coin is worth 1.69 cent
last price is now 8.4 cent


minting = buying coins between gold backing price and last price.

after each mint the gold/coin increase some, but since the minter also gets alot of cheap coins the last price will decrase if they sell/dump.


the gold/coin worth is like a baseline for the price, atm. 1.7 cent. in 1 year maybe 2-3 cent..


I dont think its worth buying when the gap between gold worth / coin and last price is big, like now.

RICO price was ok, I think it will go down to 4-5 cent. Maybe a fair price is 3x gold backing price.. atm. 1.7 x 3 = 5,1

I sold all my coins with massive profit, will buy if price reach 2x gold backing price = 3.4 cent atm.


The minter will only be profiting if he dumps were he never mint again, the last price won't decrease it will just be below coinage threshold and he would thus forfeit all his future profit. This with the fact that a mint requires a significant capital imput, works as a deterrant for it. What we'll hopefully see in the nar future are different mints and the Goldmine competing on the market at buying the cheap xaurum, as anything below the former production price will yield a profit, if there is a new coinage. When the gap is big, the profits for minting/mining are bigger, and the profits of the Xaurum commonwealth is bigger, so Xaurum grows fastest when this is the case. The base value is not there to determine value of xaurum on market, but to determine its minimal possible price, in a circumstance there were no demand at all for xaurum, there would only be a demand for cheap gold, yet when there is demand for xaurum, and new xaurum are being issued, this demand is transformed into a surplus of value that increases the whole. I don't think we'll see prices that low again, or at least not for a long period of time.
nezto77
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August 30, 2016, 08:23:01 PM
 #911

whether dev will not be happy if the price reaches xaurum 100k ?Well , perhaps the only people who understand and have a sense of anything about altcoin shape , and even xaurum himself in the gold backing , maybe people will hold on to this xaurum into something valuable in the future.
Aurum Project
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August 31, 2016, 03:51:10 PM
 #912

Explanation: Time Lock

In order to increase usefulness of Xaurum wallets, we have included a Time Lock function that serves as enchantment of security of your wallet funds, be it against other people, or yourself. This makes the function useful for either additional security of your funds or locking it as savings. You can Time Lock your funds for an arbitrary time (estimated in blocks, Ethereum current block time is 15 s), this means your funds will be impossible to access and transfer until the time, that only you know. The user can check whether the accounts is locked or not, but he can not easily determine for how long, this makes hacked accounts unusable for the period, that only the legitimate user should know. Please note that, if you time lock your account for too long (100 years or more) there is no way to retreive the funds as there is no possible way of reverting the lock, and that you should remember or write down the number of blocks until the time that your account becomes available, as you won't be able to check after you lock it. We recommend that you lock for a half of a year at maximum, as block times can change.

To access this function you can select "Contracts", click "Write to Contract" and "lockAccount".



... sic manet gloria mundi.
Sam123
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August 31, 2016, 04:37:28 PM
 #913

Explanation: Time Lock

In order to increase usefulness of Xaurum wallets, we have included a Time Lock function that serves as enchantment of security of your wallet funds, be it against other people, or yourself. This makes the function useful for either additional security of your funds or locking it as savings. You can Time Lock your funds for an arbitrary time (estimated in blocks, Ethereum current block time is 15 s), this means your funds will be impossible to access and transfer until the time, that only you know. The user can check whether the accounts is locked or not, but he can not easily determine for how long, this makes hacked accounts unusable for the period, that only the legitimate user should know. Please note that, if you time lock your account for too long (100 years or more) there is no way to retreive the funds as there is no possible way of reverting the lock, and that you should remember or write down the number of blocks until the time that your account becomes available, as you won't be able to check after you lock it. We recommend that you lock for a half of a year at maximum, as block times can change.

To access this function you can select "Contracts", click "Write to Contract" and "lockAccount".




Thanks for adding extra security layer. This will help

                                 
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August 31, 2016, 08:01:38 PM
 #914

Explanation: Time Lock

In order to increase usefulness of Xaurum wallets, we have included a Time Lock function that serves as enchantment of security of your wallet funds, be it against other people, or yourself. This makes the function useful for either additional security of your funds or locking it as savings. You can Time Lock your funds for an arbitrary time (estimated in blocks, Ethereum current block time is 15 s), this means your funds will be impossible to access and transfer until the time, that only you know. The user can check whether the accounts is locked or not, but he can not easily determine for how long, this makes hacked accounts unusable for the period, that only the legitimate user should know. Please note that, if you time lock your account for too long (100 years or more) there is no way to retreive the funds as there is no possible way of reverting the lock, and that you should remember or write down the number of blocks until the time that your account becomes available, as you won't be able to check after you lock it. We recommend that you lock for a half of a year at maximum, as block times can change.

To access this function you can select "Contracts", click "Write to Contract" and "lockAccount".



wow nice feature, now i just need to figure it out how to do it with myetherwallet lol good job.

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electronicash
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September 01, 2016, 12:58:27 AM
 #915

Is there any news about Xaurum getting listed on bittrex and polo?
Price isn't so attractive in C-cex maybe if its listed on some other exchange it would rise up. 50+ volume on C-cex seem good though. 

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September 01, 2016, 01:14:01 AM
 #916

I Withdraw xaurum from rico.xaurum.org to c-cex.com few days ago but xaurum not arrived yet.Why?Whats problem?Why need so long to arrived?

now c-cex having problem wit deposite or withdrawa, just wait and be patient bro  Smiley

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September 01, 2016, 01:23:43 AM
 #917

Is there any news about Xaurum getting listed on bittrex and polo?
Price isn't so attractive in C-cex maybe if its listed on some other exchange it would rise up. 50+ volume on C-cex seem good though. 

No news about it, let's make a move and send personal email request on bittrex or polo. The more request the better.




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Ivanovski
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September 01, 2016, 03:58:00 AM
 #918

They will add Xaurum.... We just need to be patient.
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September 01, 2016, 06:37:54 AM
 #919

Is there any news about Xaurum getting listed on bittrex and polo?
Price isn't so attractive in C-cex maybe if its listed on some other exchange it would rise up. 50+ volume on C-cex seem good though. 

No news about it, let's make a move and send personal email request on bittrex or polo. The more request the better.

Does it work that way? I am almost sure that the Xaurum Team is doing all that can be done.
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September 01, 2016, 07:10:50 AM
 #920

Yes it does. It helps if we send a lot of request's. And for sure the Xaurum team is doing evertything they can do.
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