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Author Topic: [ANN] Xaurum [XAUR]  (Read 326990 times)
Aurum Project (OP)
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June 16, 2017, 03:03:53 PM
Last edit: June 16, 2017, 06:33:17 PM by Aurum Project
 #2381

Gold purchase review

In addition to our continuous audit process, we're publishing a document that reviews all the gold purchased so far by the Xaurum commonwealth represented by Auresco.
The 10146 g from the last mint are still pending and are not included in this review (as well as the 7371 g stored locally for minting).


... sic manet gloria mundi.
Aurum Project (OP)
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June 16, 2017, 06:52:47 PM
 #2382

Xaurum Mint XXV

Mint market-buy: 10.023 BTC

Gold increased: 5228.153846153843  g
Xaurum issued: 1468857.6993855352  XAUR
Xaurum Ratio: 0.0009992126878015045
1 g can be melted for: 1000.7879325474015  XAUR

Total Xaurum money supply: 126289588.04890688 XAUR
 Total Xaurum gold reserves: 126190.15871569302 g

New production price: 0.3151 $

... sic manet gloria mundi.
Ukov
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June 16, 2017, 07:59:49 PM
 #2383

People are realising the potential.
Time is on our side.
masstahcoiner
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June 16, 2017, 08:38:08 PM
 #2384

mint for 1000 btc's  and price will be 15k ? =)
Kovanec
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June 16, 2017, 09:11:43 PM
 #2385

We were waiting for 100kg of gold... Now we have 126kg allready...Good work xaurum team!
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June 16, 2017, 10:58:54 PM
 #2386

A picture of all the gold with the Xaurum logo at the back is all I need in order to convince my friends to invest thousands.... Is it too much to ask?
cryptoracle
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June 17, 2017, 09:18:40 AM
 #2387

Gold purchase review

In addition to our continuous audit process, we're publishing a document that reviews all the gold purchased so far by the Xaurum commonwealth represented by Auresco.
The 10146 g from the last mint are still pending and are not included in this review (as well as the 7371 g stored locally for minting).

https://i.imgur.com/QhWqOWz.png



This is a wery good post about legitimacy of the project.
hope-crypto
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June 17, 2017, 10:07:23 AM
 #2388

A picture of all the gold with the Xaurum logo at the back is all I need in order to convince my friends to invest thousands.... Is it too much to ask?


And why wouldn't confirmation be enough? If this papers would be fake, I guarantee you Nadir and Loomis would already sue Auresco Institute. I mean Xaurum team gave us I think two papers that prove they are legit and you want a picture of gold that it is far less convincing than this confirmations... If these papers cannot convince your friends I think nothing can, sorry...

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June 17, 2017, 01:11:23 PM
 #2389

A picture of all the gold with the Xaurum logo at the back is all I need in order to convince my friends to invest thousands.... Is it too much to ask?
Yeees, one photo like this would strengthen the confidence effect Cheesy
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June 17, 2017, 02:02:15 PM
 #2390

A picture of all the gold with the Xaurum logo at the back is all I need in order to convince my friends to invest thousands.... Is it too much to ask?


And why wouldn't confirmation be enough? If this papers would be fake, I guarantee you Nadir and Loomis would already sue Auresco Institute. I mean Xaurum team gave us I think two papers that prove they are legit and you want a picture of gold that it is far less convincing than this confirmations... If these papers cannot convince your friends I think nothing can, sorry...



Completely agree! +1

I also totally agree on this one! So +1 from my side also.

Xaurum team took step further in order to prove once more that they have legit gold. There was no need to ask Nadir for this kind of proof, but they did it anyway.

As said before, if this document cannot convience any of you, then I believe picture of ALL gold on one place with Xaurum logo behind it neither will. Period.
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June 17, 2017, 02:35:14 PM
 #2391

Please what is Xaurum gamma all about?

being added with another exchanges will widen the market and will be good for those doing the arbitrage trading like me, we'll have more exchanges to compare the prices and eventhough it's seems to go down now, the price will bounce back as i've seen the trading history of this coin.

Price is good now looks like Xaurum is headed to a bigger adoption by the community,yeah right we need more exchange,eth is on Yobit why not Xaurum,please dev  submit your coin to Yobit or cryptopia to widen our market,we need more exchange to add more volume.

we'll see any answers from dev?  or the community of investors shut up  and waiting for god?


We'll show results. We will not give you promises, that get you high.
The community of older investor has learnt to trust the project and hardworking people behind it.
We have delivered in past and will deliver in future.

We are working on multiple projects. They will improve Xaurum also in direction mentioned in previous posts.
Some of these projects (not ideas but deliverables) will be announced in near future.


We do not know what Gamma is about and a quote above was I think the biggest hint they gave us. So we need to wait and be patience. I think all future projects will be great, because you need to really believe in yourself that you aim to get investors with results and not with promises.
xiao2017
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June 18, 2017, 07:55:02 AM
 #2392

will xaur price be again 6000 satoshis? now is overpriced
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June 18, 2017, 09:21:34 AM
 #2393

Xaurum...decreasing and decreasing on market scale...that's not good xaurum team  🤔🤔🤔
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June 18, 2017, 10:20:41 AM
 #2394

will xaur price be again 6000 satoshis? now is overpriced

It is not overpriced. It is worth exactly $0.265232 at the moment of writing. It is in fact good time for buying some more.

1 XAUR is 11k satoshis at this moment. But it doesnt matter. It can be 50k or 500 satoshis...

You need to look the price in USD, not BITCOIN. Bitcoin is unstable in this days.  Wink
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June 18, 2017, 10:53:07 AM
 #2395

will xaur price be again 6000 satoshis? now is overpriced

If xaurum is overpriced than i Really don't know what are other coins?Could you explain me please what do you think about coins with value 50 usd + without any. special feature.
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June 19, 2017, 05:32:26 AM
 #2396

There is new price chart after mint 25. The only way is UP!  Smiley



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June 20, 2017, 01:08:02 AM
 #2397

Whaat again rank 75 they say that the only sky is the limit, but honestly it doesn't look that way  Undecided Undecided Undecided
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June 20, 2017, 03:51:10 AM
 #2398

A picture of all the gold with the Xaurum logo at the back is all I need in order to convince my friends to invest thousands.... Is it too much to ask?


And why wouldn't confirmation be enough? If this papers would be fake, I guarantee you Nadir and Loomis would already sue Auresco Institute. I mean Xaurum team gave us I think two papers that prove they are legit and you want a picture of gold that it is far less convincing than this confirmations... If these papers cannot convince your friends I think nothing can, sorry...


What you don't understand is that Nadir and Loomis don't care, Loomis doesn't care if the "gold" they hold is fake, they just have the obligation of keeping it safe and keeping documents that say a certain amount of gold (with no guarantee of authenticity) is available and stored. As for Nadir, the refinery is based in Istanbul, Turkey  Cheesy , (sarcasm) as we all know it is 100% incredibly easy (not) to sue over two different jurisdictions (sarcasm) Grin, let alone different countries. Since Xaurum/Auresco is based in Ljubljana, Slovenia in Europe and Nadir and Loomis are based separately in the middle east, specifically in Turkey (yes the gold is stored in Turkey, moment of silence please) it is almost impossible to sue from such far away. We are talking about suing from the middle east to central Europe, which would cost hundreds of thousands if not millions of dollars in legal fees from lawyers that can translate both laws of the different countries and international jurisdiction codes (not really in the best interest of both companies). But anyways, if you still trust this project so much put in all your life savings into it, and message me your bank statement screenshot. I am not bashing this project, I am simply stating some of the issues which must be fixed, I personally hold 1,000 Xaur (small), but by pointing out severe issues we can make this project better together, I believe it can really get to the top 20 currencies if the following is fixed.
1. Show some leadership around here, actual faces, there are tons of coins out there with faces (at least) of the development team, here we have nobody to really put our trust in other than "Auresco" which consists of a simple one page website with no faces of anyone nor names.
2. Better marketing, posts in social media shouldn't be have tons of punctuation that shouldn't be there stop with the "!!!", also better grammar.
3. Old social media accounts, it is obvious the "Xaurum team" has lost the password to these accounts, for example http://aurescoinstitute.tumblr.com/ which is filled with outdated nonsense. Also there should only be 1 social media account for every platform, there is 2 on twitter for Xaurum, one filled with nonsense in Latin, a dead language.
4. Dead links or irrelevant pages on Xaurum.org, go through your site, it only takes a second to fix!
5.  Explain to us why is there a Xaurum office https://pbs.twimg.com/media/C8AlIgzX0AA_wxO.jpg:large , when there is no document made with basic accounting principles stating the cost of this office nor a document stating the cost of the employees running the office. If they are simply Auresco Insitute volunteers, state why they would volunteer or what their interests are.
6. It doesn't make sense that the "Auresco Institute" is a nonprofit organization when its main objective is to raise the value of Xaurum and raise the quantity of gold in the Commonwealth, this indicates a for profit venture.
7. Mint images look like they were typed in a basic notepad software and screenshotted, no better ideas?
8. Why is there no images of the gold? Why do you need to put a google image on the XaurumOfficial twitter page when you can simply snap a photo of the physical gold you already have, is there a specific reason for this?
9. Explain what the Xaurum Goldmine means (nobody really knows they all just answer what they speculate) and explain why you have removed it from the Xaurum.org page, do you want to hide this?
10. I could go on forever really, but I'm getting ready to go to work right now. I urge the leadership to fix some of these problems, I don't even ask for everything to be fixed, but I assure you every problem you fix will in the long run each be worth 1 million extra in market cap.

Aurum Project (OP)
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June 20, 2017, 09:28:34 AM
Last edit: June 23, 2017, 12:21:59 PM by mprep
 #2399

What you don't understand is that Nadir and Loomis don't care, Loomis doesn't care if the "gold" they hold is fake, they just have the obligation of keeping it safe and keeping documents that say a certain amount of gold (with no guarantee of authenticity) is available and stored.
Loomis cares about the value of stored goods because it charges storage fees as a % of the value stored. Nadir is a good delivery refinery, it means that its been running its business for 10 years without any incidents, if it defrauds or behaves scammy in any way it loses its status, there is no way they would do something like that.

1. Show some leadership around here, actual faces, there are tons of coins out there with faces (at least) of the development team, here we have nobody to really put our trust in other than "Auresco" which consists of a simple one page website with no faces of anyone nor names.
This will be added to the xaurum.org , the Auresco members ( GaÅ¡per Kenda, Igor Cej, Matija PotoÄnik PriboÅ¡iÄ), the masternodes and their firms, Aragorn and Golden Node as well as the foreign representatives and ambassadors with the list of all open offices. Some of the team in Xaurum Foundation are already presented on their website.

2. Better marketing, posts in social media shouldn't be have tons of punctuation that shouldn't be there stop with the "!!!", also better grammar.
True, !!! capslocks and poor grammar should be avoided.

3. Old social media accounts, it is obvious the "Xaurum team" has lost the password to these accounts, for example http://aurescoinstitute.tumblr.com/ which is filled with outdated nonsense. Also there should only be 1 social media account for every platform, there is 2 on twitter for Xaurum, one filled with nonsense in Latin, a dead language.
There is only one twitter account, @urumproject, the XaurumOfficial is run by the Xaurum Foundation, there is also a Japanese one and we hope there will be many other. We don't see why that would bother anyone. We'll set the tumblr links to private, we have left it as a redirect from our former domains.

4. Dead links or irrelevant pages on Xaurum.org, go through your site, it only takes a second to fix!
There were some dead links recently removed, other than that we don't really know what do you mean.

5.  Explain to us why is there a Xaurum office https://pbs.twimg.com/media/C8AlIgzX0AA_wxO.jpg:large , when there is no document made with basic accounting principles stating the cost of this office nor a document stating the cost of the employees running the office. If they are simply Auresco Insitute volunteers, state why they would volunteer or what their interests are.
There is a Xaurum office as the seat of Xaurum Foundation consisting of masternodes, it has nothing to do with Auresco Institute other than its CEO is a board member in the Xaurum Foundation.

6. It doesn't make sense that the "Auresco Institute" is a nonprofit organization when its main objective is to raise the value of Xaurum and raise the quantity of gold in the Commonwealth, this indicates a for profit venture.
From wikipedia: ". In economic terms, a nonprofit organization uses its surplus revenues to further achieve its purpose or mission, rather than distributing its surplus income to the organization's shareholders (or equivalents) as profit or dividends. "


7. Mint images look like they were typed in a basic notepad software and screenshotted, no better ideas?
They are screenshots from the official announcements on this forum.

8. Why is there no images of the gold? Why do you need to put a google image on the XaurumOfficial twitter page when you can simply snap a photo of the physical gold you already have, is there a specific reason for this?
There are plenty of images of gold, just not of the 120kg we now have. You can check the gold ID numbers on the pictures we have published with the numbers on the documents that were published at the same time to get an additional check of authenticity of gold. The only reason why we haven't yet published the pictures of the whole gold reserves is that we will have to make time to travel to Loomis to photograph it, and we will, as soon as the CEO of Auresco, the only person that has access to gold, has time for it.

9. Explain what the Xaurum Goldmine means (nobody really knows they all just answer what they speculate) and explain why you have removed it from the Xaurum.org page, do you want to hide this?
Xaurum Goldmine was the mining pool for mining xaurum, everyone from before the RICO knows about it, it is currently offline and the link has been removed until it will be live again.

10. I could go on forever really, but I'm getting ready to go to work right now. I urge the leadership to fix some of these problems, I don't even ask for everything to be fixed, but I assure you every problem you fix will in the long run each be worth 1 million extra in market cap.
We appreciate all the feedback, thank you.



News

Xaurum has been added to Decentrex, a decentralized cryptocurrency exchange for Ethereum tokens.

... sic manet gloria mundi.
Kovanec
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June 20, 2017, 09:36:26 AM
 #2400

I personally do not need the picture of 120 kg gold to believe that there is gold. But for others it will be helpfull. Then milions of $ will be invested to xaurum.
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