robelneo
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Bons.io Telegram Casino
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June 04, 2017, 12:40:43 PM |
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let's buy 100 btc's of xaur
and price after 5 years will be still 10.000 satoshis =)
I don't know if you are a newbie or just making fun,this is not the place to practice your price prediction skill if you have one,you have the coinmarketcap to look that Xaurum price is indeed increasing and the kgs of golds is increasing and I believe the confidence of the investors are also increasing. |
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hrbt
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Activity: 1414
Merit: 1005
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June 04, 2017, 06:01:58 PM |
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let's buy 100 btc's of xaur
and price after 5 years will be still 10.000 satoshis =)
WTF...I mean really WTF is wrong with people...with this nonsense about 'price will be still 10.000 satoshis after 5 years' and 'don't buy this coin' and 'where is profit here' and 'this coin is scam, nothing is happening no volume no exchanges'... I cannot believe how some folk is thinking. How can XAUR be worth same TODAY in comparison with RICO price almost 1 year ago. How is 0.03 USD/XAUR one year ago and 0.26 USD/XAUR today the same for you??? Really, if you cannot see the difference in value, please send me all your lets say 100000 XAURUMS and I will pay you back exactly what you have invested - let's say that you bought at 0.03 USD/XAUR a year ago. Please also send your bank account so I will send you back your 3000 USD of investment. Aaaaand becuase christmas will be soon, I will pay you additional 3000 USD, so in total 6000 USD. But I will keep your profit 20000 USD for myself, becausr as I can understand this is no value to you. Ahhh.. shushssssssss what's today price? 10k still? =) |
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LaBlanj
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June 04, 2017, 06:04:17 PM |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
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rehe
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Activity: 68
Merit: 10
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June 04, 2017, 06:21:17 PM |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
Today you can melt 1099.08 Xaur for 1g gold bar. But in the future you can get more gold for this xaurums. In october 2016 melting ratio was 2239.54 Xaur/1g. |
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masstahcoiner
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June 04, 2017, 06:22:49 PM |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
Today you can melt 1099.08 Xaur for 1g gold bar. But in the future you can get more gold for this xaurums. In october 2016 melting ratio was 2239.54 Xaur/1g. In 2030 we will get 1g gold for 1 xaur? |
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rehe
Member
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Activity: 68
Merit: 10
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June 04, 2017, 07:48:15 PM |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
Today you can melt 1099.08 Xaur for 1g gold bar. But in the future you can get more gold for this xaurums. In october 2016 melting ratio was 2239.54 Xaur/1g. In 2030 we will get 1g gold for 1 xaur? I don't know, what will be in year 2030, I'm telling you today situation and situation in 2016. You can see price chart after mint 23 how gold backing is growing: http://i3.imageban.ru/out/2017/06/03/1f23179ce83959dc671d5b4a2cc498fd.png |
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Habrnero
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June 04, 2017, 08:24:39 PM
Last edit: June 04, 2017, 08:37:58 PM by Habrnero |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
Today you can melt 1099.08 Xaur for 1g gold bar. But in the future you can get more gold for this xaurums. In october 2016 melting ratio was 2239.54 Xaur/1g. In 2030 we will get 1g gold for 1 xaur? Well, if the gold backing each xaur continues to increase at the same average pace that it has for the last 6 months, we should actually be able to get 1g gold for 1 xaur in just 5 years from now. THIS IS IS WHY THIS PROJECT IS SO AMAZING!!!! First of all, I feel like this project is starting to get noticed, and you can see that it is as the gold backing the token is accelerating. But, even if that weren't the case, if we just kept the current pace, that would mean that in today's dollars (and gold price), 1 xaur would be worth approximately $40! Considering the world is awash in debt and most fiat currencies are on the decline, it's highly unlikely the gold price in 5 years will not have at least doubled (VERY conservative in my opinion), which would mean a value of $80 for 1 xaur (assuming the same rate of increase in gold backing from the last 6 months and gold doubling in price (approximately $2560 USD). And as the gold price goes up and crypto currencies become more widely adopted, XAUR is of course going to continue it's acceleration, at least for a while. I own quite a few different cryptos, many of which have gained significantly more value then my XAUR holdings; however, if you ask me which one I would bet on being the mostly likely to retire me at an early age, I would tell you XAUR! By the way, if the current rate of increase (from the last 6 months) of gold backing the XAUR continues until 2030, each XAUR would be worth 30,506 grams of gold - LOL, we'd have to switch to measuring our XAUR in troy OZ - 1 XAUR = 1000 Ozt!!!! I know that's not likely to happen, but if the current pace (where the gold backing XAUR doubles every 6 months) continues, that is where we would be in 2030. And by the way, I know the pace can't continue like it has as there isn't even enough gold in the world to support the numbers I've thrown out. But just imagine, if even a tiny fraction of this calculation takes place, most of us (not the trolls) will be very happy. |
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dtacken
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Activity: 45
Merit: 0
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June 04, 2017, 08:33:55 PM |
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let's buy 100 btc's of xaur
and price after 5 years will be still 10.000 satoshis =)
WTF...I mean really WTF is wrong with people...with this nonsense about 'price will be still 10.000 satoshis after 5 years' and 'don't buy this coin' and 'where is profit here' and 'this coin is scam, nothing is happening no volume no exchanges'... I cannot believe how some folk is thinking. How can XAUR be worth same TODAY in comparison with RICO price almost 1 year ago. How is 0.03 USD/XAUR one year ago and 0.26 USD/XAUR today the same for you??? Really, if you cannot see the difference in value, please send me all your lets say 100000 XAURUMS and I will pay you back exactly what you have invested - let's say that you bought at 0.03 USD/XAUR a year ago. Please also send your bank account so I will send you back your 3000 USD of investment. Aaaaand becuase christmas will be soon, I will pay you additional 3000 USD, so in total 6000 USD. But I will keep your profit 20000 USD for myself, becausr as I can understand this is no value to you. Ahhh.. shushssssssss what's today price? 10k still? =) So, if bitcoin rises 100x in next 5 years and the price for 1 XAUR will be still 10,000 sats after 5 years, is this not a growth of XAUR to you? 0.26 USD/XAUR today vs 26 USD/XAUR after 5 years?  |
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ManOnTheMoon
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June 04, 2017, 09:39:48 PM |
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Hey guys, I lost my phone and cannot login to my RICO account due to 2FA.
Is there anyway to retrieve it? Who can I contact, from here or elsewhere?
Thanks.
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ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
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aioc
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June 05, 2017, 01:44:17 AM |
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Hi, if i bought some xaurs on exchanges, how many xaurs should i buy for want to physical one gram gold?
Today you can melt 1099.08 Xaur for 1g gold bar. But in the future you can get more gold for this xaurums. In october 2016 melting ratio was 2239.54 Xaur/1g. In 2030 we will get 1g gold for 1 xaur? In the real and virtual world everything moves fast,we don't know what will happen in the crypto currency a new innovation will emerge and Xaurum might and could adopt a new technology or adapt a new features or change the plan to benefit holders the most important thing is the reputation of the team behind it |
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excell
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June 05, 2017, 03:18:34 AM |
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Can anyone explain the following discrepancy?, I am new to Xaurum so I apologize if it is a simple question.
There was 8,092,484.2232 Xaurum coins issued on Mint 23 July 2, 2017. That means that the Auresco Institute received $2,307,167.25203 USD for purchasing gold, however the Gold increased proportion was only 21,868.49 grams, considering the price of gold floats around $40 USD and the price of refinery is maximum 10 extra that means each 1 gram gold bar should have costed 50$ maximum, and if Xaurum buys in high volume this means the price was probably lower. That being said if the Auresco institute received $2,307,167.25, and only 21,868.49 grams of gold were added to the common wealth, if we multiply times the price 21,868.49 x 50 USD per gram that means only $1,093,424.5 USD were used to buy more gold, $2,307,167.25203 - $1,093,424.5 = $1,213,742.75203 in unaccounted funds, another 24,274.8550406 grams of gold could have been added to the Commonwealth! Am I missing something, is there extra costs involved? Sorry I'm new to Xaurum it would be great if somebody could explain where the extra funds go....
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rehe
Member
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Activity: 68
Merit: 10
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June 05, 2017, 05:06:16 AM |
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Can anyone explain the following discrepancy?, I am new to Xaurum so I apologize if it is a simple question.
There was 8,092,484.2232 Xaurum coins issued on Mint 23 July 2, 2017. That means that the Auresco Institute received $2,307,167.25203 USD for purchasing gold, however the Gold increased proportion was only 21,868.49 grams, considering the price of gold floats around $40 USD and the price of refinery is maximum 10 extra that means each 1 gram gold bar should have costed 50$ maximum, and if Xaurum buys in high volume this means the price was probably lower. That being said if the Auresco institute received $2,307,167.25, and only 21,868.49 grams of gold were added to the common wealth, if we multiply times the price 21,868.49 x 50 USD per gram that means only $1,093,424.5 USD were used to buy more gold, $2,307,167.25203 - $1,093,424.5 = $1,213,742.75203 in unaccounted funds, another 24,274.8550406 grams of gold could have been added to the Commonwealth! Am I missing something, is there extra costs involved? Sorry I'm new to Xaurum it would be great if somebody could explain where the extra funds go....
I'm not a dev, but your matematics about Auresco Institute received money was wrong. They don't received 2,3 mio USD but about 1.093 mio USD (there your matematics is right). In Coinage formula there is "minting price", price with discount for minter. This price is not directly related to new production price. You must study coinage formula. Devs, please give as a link of Xaurum coinage spreadsheet. |
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exoras
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Co-Founder at AlphaTradeZone.com
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June 05, 2017, 06:36:16 AM |
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Where is the Xaurum coinage formula available?
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excell
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June 05, 2017, 07:50:53 AM
Last edit: June 05, 2017, 08:32:30 AM by excell |
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"I'm not a dev, but your matematics about Auresco Institute received money was wrong. They don't received 2,3 mio USD but about 1.093 mio USD (there your matematics is right). In Coinage formula there is "minting price", price with discount for minter. This price is not directly related to new production price. You must study coinage formula. Devs, please give as a link of Xaurum coinage spreadsheet. " Oh ok, where can I find the minting price? And also I based my calculation on the fact that it says in http://xaurum.org/production_price.html that "It is impossible to produce new XAUR, when the price lower than Production price.". Therefore it means that it is not entirely true since minters actually mint below the production price?? Or did I get something wrong? |
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Borut
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June 05, 2017, 08:03:27 PM |
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Next week 5000sat?
Maybe 5000. Could be more, could be less. Nobody knows. But let me ask you one question. What will you be able to afford with 1 Bitcoin in 2020? A new car? Or even a house? Or maybe a pizza? The answer is again nobody knows. But when we are speaking of a Xaurum, I can say for sure, that in 2020 I will get ET LEAST 0.0009098463901215395g of gold for 1 Xaurum (but most probably lot more). I am not talking against Bitcoin, I am just emphasizing the power of Xaurum. |
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hope-crypto
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June 05, 2017, 09:05:48 PM |
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Next week 5000sat?
Maybe 5000. Could be more, could be less. Nobody knows. But let me ask you one question. What will you be able to afford with 1 Bitcoin in 2020? A new car? Or even a house? Or maybe a pizza? The answer is again nobody knows. But when we are speaking of a Xaurum, I can say for sure, that in 2020 I will get ET LEAST 0.0009098463901215395g of gold for 1 Xaurum (but most probably lot more). I am not talking against Bitcoin, I am just emphasizing the power of Xaurum. Yeah we will see... Hardfork is coming for bitcoin so really nobody knows hot the community will react... |
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excell
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June 05, 2017, 10:08:22 PM |
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Anyone know where I can find a picture of all of the gold reserves in one single pile? I would surely invest a lot more having an image of all of the gold, but there is just simply only a couple of pictures of 1gram gold bars labeled with the Xaurum logo, I would like to see ALL of the gold, is this possible???
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