[ANN] Xaurum [XAUR]

[Poza]

How come the market cap is $33,665,836 and 120 kg gold is $4,848,210?

Because Xaurum to Gold ratio is not 1:1 and never will be, otherwise there isn't a point of having a token, since it would be like Tether which is always worth approx. the same as 1 dollar. It has a growing gold base which means every Xaurum is worth more gold as time progresses and new gold purchases (mints) are made.

[1713910635]

1713910635

[1713910635]

1713910635

[1713910635]

1713910635

[1713910635]

1713910635

[1713910635]

1713910635

[leetcoiner]

price is still 10k ? =)

[Kastor]

Can someone explain to me Xaurum had 4 hours ago 32 million market cap. Then suddenly rises to 40 million market cap and in 30 minutes it falls again to 32 million market cap... Why this happens???

And the most important question if we look 24 hour trading with xaurum we see that the average is around $110,500. Why so little, i think because there is no interest buying xaurum coins. Which is a very big problem if you want to sell.
I looked at the first 100 currencies and the xaurum has the smallest 24 trading volume all the time

[nitja]

Can someone explain to me Xaurum had 4 hours ago 32 million market cap. Then suddenly rises to 40 million market cap and in 30 minutes it falls again to 32 million market cap... Why this happens???

And the most important question if we look 24 hour trading with xaurum we see that the average is around $110,500. Why so little, i think because there is no interest buying xaurum coins. Which is a very big problem if you want to sell.
I looked at the first 100 currencies and the xaurum has the smallest 24 trading volume all the time

Only few crypto have real trading volume. you'll soon figure it out that you can move almost any coin cap with $50 - 100k. you also have pumpdumpshtcoins. There's also not much interest in selling xaur in case you haven't noticed.
You have plenty of other crypto, why don't you buy them? It's a safe haven, they say.

[nitja]

price is still 10k ? =)

yes, with a lots of gold behind, and much more is coming 

[Avast12]

If Xaurum is tied to the price of gold, how it will be pumped? MM can't pump gold price.

[Kovanec]

If you read everything abour xaurum you will see it is not tied to the price of gold. It has a growing gold base. And I know that a lot of xaurum holders are not interested in selling them. Me included.

[dtacken]

If you read everything abour xaurum you will see it is not tied to the price of gold. It has a growing gold base. And I know that a lot of xaurum holders are not interested in selling them. Me included.

+1
I am also not interested in selling my Xaurums 😀

[andone3]

This is still early stage of the project that is why I hold Xaurum tokens. I don't consider Xaurum as a speculative crypto currency but as project with unique concept, and what is unique usually translates in to greater value. But of course nobody knows what will happen in the future, higher expected return brings higher risk as mentioned several times in my posts.

Nowadys it's hard to find the investment with low risk and high expected return. It was possible decades ago when markets were inefficient, but with internet, new technologies, globalisation,...markets have become extremely efficient (talking about developed countries), meaning without taking risks you can not make excessive returns. The same holds for every crypto currency.

So whoever invests in crypto market is taking relatively high risk. I my case the ratio between risk and return for Xaurum was the most favorable. I know the team behind, I know the concepts, I trust the team etc... Xaurum is buy and hold investment (or a project if you want) in my opinion. I don't know if I am correct or wrong since nobody knows what will the future bring. For now, I am satisfied with my investment. Looking forward for the bright/golden future.  

 

[nitja]

Some smart words from Peter Schiff, here you can see why Xaurum is one of the biggest potentials in crypto.

basic money + future = gold + crypto = xaurum


https://www.youtube.com/watch?v=viz1VRrIRnc

[hope-crypto]

New crypto backed by gold ICO started one month ago and from yesterday they sold almost 20% of their tokens... Site: https://onegram.org/
From the start they have 1g backed by gold tokens... Just a reminder that time it is not necessary on Xaurum side if you do not realize the potential when you should...

[Ukov]

Is there any correlation between ETH and XAUR price?

[gobbi]

New crypto backed by gold ICO started one month ago and from yesterday they sold almost 20% of their tokens... Site: https://onegram.org/
From the start they have 1g backed by gold tokens... Just a reminder that time it is not necessary on Xaurum side if you do not realize the potential when you should...

Both currencies are backed by gold but xaurum is differennt.We have competitors and xaurum foundation should not just watch our competitors but we must show to investors we are unique and first crypto backed by gold where investors get golden dividends.

[Mrbates]

New crypto backed by gold ICO started one month ago and from yesterday they sold almost 20% of their tokens... Site: https://onegram.org/
From the start they have 1g backed by gold tokens... Just a reminder that time it is not necessary on Xaurum side if you do not realize the potential when you should...

Xaurum is much much different than onegram.

Onegram is 1:1 per token, but won't really ever go up = Tether.

Xaurum is priced hire than its gold backing, because it can go up in price due to mintings at some point making xaur have an equal gold backing to onegram, and eventually higher.  You're investing in the minting/backing process here and that they will continue to be profitable for years to come //Safety net modified tether//

[coin-investor]

New crypto backed by gold ICO started one month ago and from yesterday they sold almost 20% of their tokens... Site: https://onegram.org/
From the start they have 1g backed by gold tokens... Just a reminder that time it is not necessary on Xaurum side if you do not realize the potential when you should...

I think this is expected people will imitate something that is a huge success, just like Bitcoin onegram is the first one we will see more coming and that's where the real competition begins but I still believe the one that started it all will always rule.

[Aurum Project]

Cars and Coffee Event
Xaurum promotion-fleet in connection with Xaurum Gamma had participated in the Cars and Coffee event, promoting Xaurum and the new big addon for Xaurum - Xaurum Gamma, that will be revealed shortly.

[Aurum Project]

Xaurum Mint XXVI

Mint market-buy:  29.12 BTC

Gold increased: 3060.945945945947  g
Xaurum issued: 822449.4340623721  XAUR
Xaurum Ratio: 0.0010168308948910736
1 g can be melted for: 983.4476952110346  XAUR

Total Xaurum money supply: 127111700.98296925 XAUR
Total Xaurum gold reserves:  129251.10466163918 g

Next production price: 0.3151$

[andone3]

Nice! Market buy was quite substantial because the market price was well below the production price, right? If market price had been very close to production price, the gold would have increased by approximately 1.7 kg more - in case of no market buy. Am I correct?

2nd question is: Would it be better to wait for price to increase and therefore mint more gold?

[Kovanec]

You are probably right about the gold but i believe they can not wait for higher market price all the time. Still 3 new kg of gold. And some nice pictures of xaurum cars...

[gobbi]

Yes I like pictures of nice cars too, I think it was good idea to get noticed by others. Soon alot of people in Slovenia will know what is xaurum, there are also adds on most popular Slovenian radio -Radio 1.