[ANN] Xaurum [XAUR]

[Mp777]

I think there is no need for minting when the price is as low as it was recently. That means that there are enough xaurums created. With minting you create new xaurums and there is no need for new ones at the moment. If the market price goes close to the production price it means there is enough demand for new xaurums to be created with mint. That is how I see it.  I could be wrong...

You are correct since the demand is lower than the offer. But until now this was not stopping the mint, the mint happened, only new production price stayed the same. The solution would be a mint that buys everything from the market and produces no new coins.

But on the other hand, the coins are produced anyway and not only with mint. I get coins always 5 days after I pay regardless of the mint. Mint only calculates new production price and buys gold.

[Kovanec]

As far as I know only the last mint kept the same production price as previous. Since it was not that big. 3 kg of gold was bought. If you look the number of coins created you can see the number has not increased since then. The number is falling a litle bit because of transaction fees. If nobody would sell under production price than it would make more sense for new investors to buy via mint. The price and gold would keep rising.

[Kovanec]

Yes that mints were small and production price stays the same. I guess you can make mints all the time under certain circumstances. But you can make more harm than good with that.

[Mp777]

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

[Domenc]

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.

[ZoranGajic]

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.

Great news, ty

[akecheta_to]

We have a new 8M Xaurums holder, that's why yesterday the market cap was so high.

That mean new Masternode, new minter--> new mints.

Great news, ty

Sounds promising. It was a bit early in the game but expected sooner or later.

[gobbi]

It really looks like we have a new minter!If this is true it is a very good move, more minters we have more mints we can expect.

[Aurum Project]

Yesterday Xaurum reached its 24h trading volume record with more than 1.500.000 USD – most of the trading was made on Bittrex.

Since the cryptocurenncy market boomed, Bittrex became the biggest trading platform (https://coinmarketcap.com/exchanges/volume/24-hour/
). Bittrex was one of the first platforms that listed Xaurum. We are especially proud of that fact since their team made extensive compliance review of our token which also includes evaluation of the legal risk of each reviewed token. Only four currencies successfully passed this review, one of them was Xaurum.


BITTREX: “Our research consist of any combination of the following (and possibly more):

1) Background checks on the principle owners of a business launching a blockchain
2) Verifying that a company is registered; i.e. if you say you are registered in Dubai, we may check that you are
3) Understanding the business process; i.e. if you say you are handling gold and storing it securely, we're going to walk through every aspect of that process
4) Code reviews of technology that we're not readily familiar with; for instance, if you write a whole blockchain client in Erlang, we'll have to hire experts to help code review it with us
5) Applying the Howey test to your token to understand whether or not it is a security
6) Determining if the token violates any CFTC guidelines
7) Understanding how/if US laws apply to your token.”

[_jk_]

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD...

[Domenc]

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD...

We like that kind of buyers I guess. 😉

[andone3]

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.

[Mp777]

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.

Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?

[Domenc]

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.

Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?

I think that this is not masternode but bittrex address... but I am not sure..

[_jk_]

I am really wondering what will September bring? With new markets, new web page, increased promotion, new mints (hopefully on a weekly basis again,...), new projects... Since there is 3rd masternode I expect a lot more gold behind xaurums at the end of year and consequently price a lot higher. Fingers crossed.

Can somebody confirm the 3rd masternode, my information was only from etherscan where you can see the top holders. From where is he and which markets will he target?

I think that this is not masternode but bittrex address... but I am not sure..

It is exchange for sure and I believe it is Bittrex... The volume on other exchanges is way to small :-)

[gobbi]

Everyone me included thought it was a new minter but it really looks like it is Bittrex address. September is almost here and agents will be working out, new web coming, new countries coming too so i think we will breath much easier in september.

[aioc]

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD...

That's really interesting as long as many investors coming and buying compare to people dumping Xaurum is still a profitable coin to invest and only time can tell when we Xaurum become one of the top coin in the industry .

[skysun]

It is interesting to observe transactions on bittrex lately ... Someone is buying a loooot of Xaur... And someone is selling a loooot of Xaur Someone must be really interested in the project since he or maybe she is prepared to buy Xaur for 0,35 USD...

Everyone who understand the whole ''benefits'' around Xaurum want to buy Xaur at any cost till production price (or maybe some cents more)... 

[hope-crypto]

So if it's Bittrex they won't have masternode status? And also why more minters means more mints? Is not that based on how much money they get from production price and then minters decide when to mint, so the market is not manipulated?

[skysun]

So if it's Bittrex they won't have masternode status? And also why more minters means more mints? Is not that based on how much money they get from production price and then minters decide when to mint, so the market is not manipulated?

As I know only persons can become masternode, not companies.
Every minter can do action with mint, when he want. So more minters means more chances for new mint, when there is enough money for new mint. Correct me if I am wrong.