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Author Topic: [ANN] Xaurum [XAUR]  (Read 326986 times)
batfink68
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April 28, 2017, 01:19:01 PM
 #1861

Only thing that worries me, spelling on the website.  Roll Eyes  Just bought a bit.  Happy to. Siaynoq.

yes, the English in some of the explanations is mangled as well.

The dev's need to stop using the term 'melt' because it just confuses things when actual gold is being held. When we talk about mining in crypto all know that mining is a metaphor but when dealing with actual gold and talking about 'melting it', it just confuses people.

Language has to convey meaning- jargon isn't good communicating because it's designed to make newbs feel stupid.
leetcoiner
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April 28, 2017, 02:44:32 PM
 #1862



When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.


we understand this all 

but what have we from that investors of XAUR  which we boutght on market?

Where this golden dividend goes? how we feel that quantity of gold owned by every single Xaurum?

Or is there just price for us that matters?

thanks for answers!


Aurum Project (OP)
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April 28, 2017, 04:47:41 PM
 #1863

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR

Total Xaurum money supply: 103999646.952218 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price:  0.1856 $

... sic manet gloria mundi.
Bagwell
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April 28, 2017, 04:55:36 PM
 #1864

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR

Total Xaurum money supply: 103999646.952218 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price:  0.1856 $

OMG!?! production price is 0.1856 $  Cool nice job guys

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Puhi
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April 28, 2017, 05:22:36 PM
 #1865



When the gold is bought it goes in the same bag and increases the full amount of gold behind all Xaurum.
At every mint the quantity of gold bought is greater than the quantity of gold needed to back new issued Xaurum. The result is "golden dividend" which is given to all Xaurums (existing and newly issued) and this increases the quantity of gold owned by every single Xaurum.


we understand this all 

but what have we from that investors of XAUR  which we boutght on market?

Where this golden dividend goes? how we feel that quantity of gold owned by every single Xaurum?

Or is there just price for us that matters?

thanks for answers!

Again (please take some time to think and understand this):
All xaurum are equal.
The gold is owned by all xaurum holders. It does not matter how you buy your Xaurum.
The quantity of gold owned by every single Xaurum is equal per Xaurum.
When dividends are given they increase the quantity of gold for every single Xaurum on the market.

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April 28, 2017, 05:23:38 PM
 #1866

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR

Total Xaurum money supply: 103999646.952218 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price:  0.1856 $

Cool man good to see this moving forward, i see you got yourself some red trust along the way here, what the heck? Sad
reading it, that sux, i could have sworn i saw a vid last year or pics of you guys literally going to the vault there and showing "us our gold"
have to read up on that feedback more i will...

anyways, happy to see it not stopping you, Wish you good days moving forward! Smiley

~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~
~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~
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ampco
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April 28, 2017, 06:45:46 PM
 #1867

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR

Total Xaurum money supply: 103999646.952218 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price:  0.1856 $

Nice.. good work gays!!!
tiagosilva
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April 28, 2017, 07:04:24 PM
 #1868

Xaurum Mint XIX:

Mint market-buy: 0.749 BTC

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR

Total Xaurum money supply: 103999646.952218 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 66388.12545660192 g

New production price:  0.1856 $

Nice.. good work gays!!!

Hehehehe Smiley I don't know if I'm more surprised by the amount of new gold or if I'm more amused by the spelling of the word "guys" Smiley))))

Anyway, congratulations to the Xaurum team and to all Xarum holders!
Master mind
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April 28, 2017, 09:52:59 PM
 #1869

Where can I see gold reserves: 66388.12545660192 g of gold  ?
Aurum Project (OP)
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April 28, 2017, 10:39:58 PM
 #1870

Additional information about the last 9 mints:


Mint 11

Gold increased: 2745.192307692308  g
Xaurum issued: 1888230.3239786467  XAUR
Xaurum Ratio: 0.00046791763744366853
1 g can be melted for: 2137.1282464649294  XAUR
Total Xaurum money supply: 88898709.23123255 XAUR
Total Xaurum gold reserves: 41597.273995269985 g

Gold dividend total: 1902.06 g
Gold dividend per 1000 XAUR: 0.0214g
Percent of dividend: 4.57 %


Mint 12


Gold increased: 436.54296875 g
Xaurum issued: 294726.061261338  XAUR
Xaurum Ratio: 0.0004712693549322816
1 g can be melted for: 2121.928764376571  XAUR
Total Xaurum money supply: 89192765.29249388 XAUR
Total Xaurum gold reserves: 42033.816964019985 g


Gold dividend total: 298.64 g
Gold dividend per 1000 XAUR: 0.0033 g
Percent of dividend: 0.71%


Mint 13

Gold increased: 220.3529411764706  g
Xaurum issued: 148142.26239514825 XAUR
Xaurum Ratio: 0.00047295718474454825
1 g can be melted for: 2114.356293244844 XAUR
Total Xaurum money supply: 89340370.05488902 XAUR
Total Xaurum gold reserves: 42254.16990519645 g

Gold dividend total: 150.54g
Gold dividend per 1000 XAUR: 0.0017 g
Percent of dividend: 0.36%

Mint 14


Gold increased: 699.4716981132076 g
Xaurum issued: 483982.0445031547 XAUR
Xaurum Ratio: 0.00047819595242702895
1 g can be melted for: 2091.1929407277794 XAUR
Total Xaurum money supply: 89824352.09939218 XAUR
Total Xaurum gold reserves: 42953.64160330964 g

Gold dividend total: 470.57g
Gold dividend per 1000 XAUR: 0.0052g
Percent of dividend: 1.0955 %

Mint 15

Gold increased: 214.64761904761906 g
Xaurum issued: 147190.99854036327 XAUR
Xaurum Ratio: 0.00047980094857604975
1 g can be melted for: 2084.197630221019 XAUR
Total Xaurum money supply: 89971246.09793255 XAUR
Total Xaurum gold reserves: 43168.28922235725 g

Gold dividend total: 144.26g
Gold dividend per 1000 XAUR: 0.0016 g
Percent of dividend: 0.33%

Mint 16


Gold increased: 488.0747663551402  g
Xaurum issued: 339271.41422175406  XAUR
Xaurum Ratio: 0.00048340368257873397
1 g can be melted for: 2068.6644227976603  XAUR
Total Xaurum money supply: 90310367.01215428 XAUR
Total Xaurum gold reserves: 43656.36398871239 g

Gold dividend total: 325.29g
Gold dividend per 1000 XAUR: 0.0036 g
Percent of dividend: 0.75%

Mint 17

Gold increased: 3643.1028037383207  g
Xaurum issued: 2515276.2074904656  XAUR
Xaurum Ratio: 0.0005095521631875713
1 g can be melted for: 1962.5076140279084  XAUR
Total Xaurum money supply: 92825563.71964474 XAUR
Total Xaurum gold reserves: 47299.466792450716 g

Gold dividend total: 2427.21g
Gold dividend per 1000 XAUR: 0.0261 g
Percent of dividend: 5.13%

Mint 18


Gold increased: 8927.761467889915  g
Xaurum issued: 5737991.357415545  XAUR
Xaurum Ratio: 0.0005704672756172883
1 g can be melted for: 1752.9489293104941  XAUR
Total Xaurum money supply: 98563459.57706025 XAUR
Total Xaurum gold reserves: 56227.22826034028 g

Gold dividend total:  6003.96 g
Gold dividend per 1000 XAUR:  0.0609 g
Percent of dividend: 10.6%

Mint 19

Gold increased: 10160.8971962617  g
Xaurum issued: 5436349.875157679  XAUR
Xaurum Ratio: 0.0006383495271585252
1 g can be melted for: 1566.5398930446202  XAUR
Total Xaurum money supply: 103999646.952218 XAUR
Total Xaurum gold reserves: 66388.12545660192 g

Gold dividend total:  7059.74 g
Gold dividend per 1000 XAUR:  0.0679 g
Percent of dividend: 10.6 %


... sic manet gloria mundi.
nihilnegativum
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April 29, 2017, 09:15:29 AM
 #1871

Where can I see gold reserves: 66388.12545660192 g of gold  ?
You can subscribe for a daily audit.
rehe
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April 29, 2017, 06:12:12 PM
 #1872

New Xaurum price history chart here: http://imgur.com/a/7n3Mx
The only way is up!
Bagwell
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April 29, 2017, 06:17:36 PM
 #1873

New Xaurum price history chart here: http://imgur.com/a/7n3Mx
The only way is up!


sky is the limit!  Grin

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tiagosilva
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April 30, 2017, 07:03:33 AM
 #1874

New Xaurum price history chart here: http://imgur.com/a/7n3Mx
The only way is up!


Thank you for this chart, please continue refreshing it in the next weeks, months.
batfink68
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April 30, 2017, 07:51:40 AM
 #1875

New Xaurum price history chart here: http://imgur.com/a/7n3Mx
The only way is up!


Yeah but if you look at the price in relation to a bunch of other cryptos in the top 50, they too have increased over the last 3 months. In fact, dogecoin which has no gold backing and is growing by a few billion coins every year has tripled in value in the same period.

The reason doge has increased is because of Chinese, Indian and Japanese investors- I reckon that if you could find out who is buying the xaurum, you'd find it's the same people in Asia who are pushing the price up on other crypto.

Maybe the dev's can ask the exchanges where the buyers of xaur are coming from before patting themselves on the back for the price rise
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April 30, 2017, 08:43:20 AM
 #1876

You have no idea what xaurum is and why it grows.
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April 30, 2017, 09:10:47 AM
 #1877

New Xaurum price history chart here: http://imgur.com/a/7n3Mx
The only way is up!


Yeah but if you look at the price in relation to a bunch of other cryptos in the top 50, they too have increased over the last 3 months. In fact, dogecoin which has no gold backing and is growing by a few billion coins every year has tripled in value in the same period.

The reason doge has increased is because of Chinese, Indian and Japanese investors- I reckon that if you could find out who is buying the xaurum, you'd find it's the same people in Asia who are pushing the price up on other crypto.

Maybe the dev's can ask the exchanges where the buyers of xaur are coming from before patting themselves on the back for the price rise

We are not pushing the price up....we are buying a physical gold to backing all exsisting Xaurums...and than normaly gold backing pushing the price up.

Did you see "last two MINTs" in last two weeks( where money is used to buy new physical gold to backing old and new created Xaurums)
 THERE WERE MORE THAN 1milion$.
Now go to Livecoin and Bittrex and find out where will be the Xaurum price, if that 1milion$ we used to buy "sell orders".

 The price will be pumped to 20-30$ but there will be dump almost for shure...so 1milion$ made on exchange some very happy  sellers but of course some very sad buyers.( I think that you also won t be happy if you pay Xaurums for 20-30$ TODAY)

BUT XAURUM IS DIFFERENT IS UNIQE  AND IT'S ONLY ONE WHO HAS GROWING GOLD BASE.
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April 30, 2017, 10:25:56 AM
 #1878

there are some other crypto that also said to be backed by gold but XAURUM is different, it is one of those stable coins today, there are some dumping and pumping but still the path is upward and stable.

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April 30, 2017, 12:49:28 PM
 #1879

Xaurum is very cheap @Bittrex, time to buy some more
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April 30, 2017, 01:06:40 PM
 #1880

there are some other crypto that also said to be backed by gold but XAURUM is different, it is one of those stable coins today, there are some dumping and pumping but still the path is upward and stable.
that's the difference of this project even we see downfall there's still a lots of support which is buying the coin back to its value
community is not letting the big drop down still allowing the project move slowly but surely to meet the progress and sole
purpose of why its been created, gold and xaurum combined.
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