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Author Topic: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW!  (Read 164039 times)
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Mesterlovesz1974
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December 23, 2017, 01:32:04 AM
 #1641

the given address, to "check your fork balance"
0xc08b5542d177ac6686946920409741463a15dddb

isn't seen on any eth explorer...

When will it be "online"?

and on this address we will see our new created XGR public address, where we have to send the coins?

or did i get something wrong  Roll Eyes

The fork will be on february. When the contract will be on the ethereum blockchain, then you can check your balance with etherscan. The instructions are clear enough, you have to create your own ethereum address, recite the passphrase,, then you will be given an XGR address to send the coins. As many you send, you will get that on your newly created XGR address.
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Mesterlovesz1974
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December 23, 2017, 01:33:30 AM
 #1642

Weird question, and forgive me if i'm asking in the wrong section, but have you considered Xtrabytes instead of Eth? The tech will be up next week / soon and it's supposed to be able to work with many different programming languages compared to eth. It's supposed to be similar to eth, but far better.

https://xtrabytes.global/
https://bitcointalk.org/index.php?topic=1864397.6380
https://community.xtrabytes.global/threads/xtrabytes-development-update-december-21st.367/

Hi, new coins are always risky. Corion decided to be on the ethereum classic blockchain and see what happened to them. If the technic behind any competitor coin will be good enough, then we may consider to change to that platform. But not before.
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December 24, 2017, 09:11:46 PM
 #1643

XGR Richlist:

https://jsfiddle.net/uosbgc7p/


Learn.
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December 25, 2017, 02:43:49 AM
Last edit: December 25, 2017, 03:23:59 AM by MdbM
 #1644


Finally ! Thank you. It's been almost 1 year since i asked the dev in vain ...
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December 26, 2017, 03:16:38 AM
 #1645


Finally ! Thank you. It's been almost 1 year since i asked the dev in vain ...

Yup. The reason I did this is because I wanted to keep track of the coins sent for the token swap. I'm feeling like it's a little bit shifty, even though when I see other coins switching to tokens the same method is being used. The biggest red flag is that I don't see a token address. When I search etherscan I see this one: https://etherscan.io/token/0xa7a3de21f9505eaa8a4d34ae2d5497f8d5df35c2 which seems to correspond to the timing and amount. Dev, can you verify if this the correct contract?

There was also some talk about the coins that were supposed to be burned or are dev coins? Does anyone know that address? I can dig into the actual explorer if needed (only on local machine right now).

Learn.
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December 27, 2017, 02:18:34 AM
 #1646


Finally ! Thank you. It's been almost 1 year since i asked the dev in vain ...

Yup. The reason I did this is because I wanted to keep track of the coins sent for the token swap. I'm feeling like it's a little bit shifty, even though when I see other coins switching to tokens the same method is being used. The biggest red flag is that I don't see a token address. When I search etherscan I see this one: https://etherscan.io/token/0xa7a3de21f9505eaa8a4d34ae2d5497f8d5df35c2 which seems to correspond to the timing and amount. Dev, can you verify if this the correct contract?

There was also some talk about the coins that were supposed to be burned or are dev coins? Does anyone know that address? I can dig into the actual explorer if needed (only on local machine right now).

Old Premine wallet: GKYjhVaQFyXmQmvTnPJBp3G4imdLjTLUQh
Because of some issues with the block explorer I had to move the premine to another address
New Premine wallet: GRLspD83zqonHEZLicETwXbtcsUJynrC9n
I use this wallet to pay for bounties, marketing and to buy Gold so it will slowly depleting!
Premine stake wallet: GW2Bneyh2gaCkKfuBMY4TaLg9KcXAjeYvV
This wallet holds the majority of the premine, it is there for staking!
IPO1 wallet: GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi
IPO2 wallet: GeHLq23RxjTLLeLJDK7HX3MvGTkuQwyzHr
IPO3 wallet: GedqbJSeTi4afZmRxkP7RKUSd2tbQX6Uhi
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December 27, 2017, 02:50:45 AM
 #1647

1. How is XGR backed by gold?
2. For every ';x' amount of coins how much gold is there backing it?
3. Does price fluctuation affect the amount of gold being backed?
4. Is there constantly more gold being added to catch up with coins being created from PoS?
5. What proof is there that the gold is actually there? Can we 'audit' you at any time? Also what type of security is there in order to prevent theft of this gold?
6. Is there any possibility in the future to trade 'x' amount of coins for 'y' amount of gold?

Not being a hater, just common criticism questions I'm sure other investors are curious about. I'd love to know more about this coin before I invest properly into it thanks Smiley
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December 27, 2017, 01:13:34 PM
 #1648

I just want to check about the fork site as I created an account and sent 1000 XGR, which turned up fine :-)

I then used the same XGR send address and the coins have not turned up!

Can you only use the XGR send address once !?

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December 28, 2017, 03:19:39 AM
 #1649

Old Premine wallet: GKYjhVaQFyXmQmvTnPJBp3G4imdLjTLUQh
Because of some issues with the block explorer I had to move the premine to another address
New Premine wallet: GRLspD83zqonHEZLicETwXbtcsUJynrC9n
I use this wallet to pay for bounties, marketing and to buy Gold so it will slowly depleting!
Premine stake wallet: GW2Bneyh2gaCkKfuBMY4TaLg9KcXAjeYvV
This wallet holds the majority of the premine, it is there for staking!
IPO1 wallet: GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi
IPO2 wallet: GeHLq23RxjTLLeLJDK7HX3MvGTkuQwyzHr
IPO3 wallet: GedqbJSeTi4afZmRxkP7RKUSd2tbQX6Uhi

I'm assuming that's a quote from the dev. So that's like 2.5m coins, worth $50k if you could dump all at once. So with not seeing a dump by now that gives some credence to the dev I suppose. Good to know.

Is there an expiration date when coins cannot be swapped any longer? Are we going to be able to swap after the token gets created? If a bunch of people don't swap, there's going to be a lot of tokens held again by the dev (unless they are sent to a burn address).

Learn.
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December 28, 2017, 10:46:23 PM
Last edit: December 29, 2017, 03:35:45 PM by new24core
 #1650

Hi Dev,

Can you please provide an update as we are getting very worried !?

Many thanks

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December 29, 2017, 05:10:39 PM
 #1651

Old Premine wallet: GKYjhVaQFyXmQmvTnPJBp3G4imdLjTLUQh
Because of some issues with the block explorer I had to move the premine to another address
New Premine wallet: GRLspD83zqonHEZLicETwXbtcsUJynrC9n
I use this wallet to pay for bounties, marketing and to buy Gold so it will slowly depleting!
Premine stake wallet: GW2Bneyh2gaCkKfuBMY4TaLg9KcXAjeYvV
This wallet holds the majority of the premine, it is there for staking!
IPO1 wallet: GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi
IPO2 wallet: GeHLq23RxjTLLeLJDK7HX3MvGTkuQwyzHr
IPO3 wallet: GedqbJSeTi4afZmRxkP7RKUSd2tbQX6Uhi

I'm assuming that's a quote from the dev. So that's like 2.5m coins, worth $50k if you could dump all at once. So with not seeing a dump by now that gives some credence to the dev I suppose. Good to know.

Is there an expiration date when coins cannot be swapped any longer? Are we going to be able to swap after the token gets created? If a bunch of people don't swap, there's going to be a lot of tokens held again by the dev (unless they are sent to a burn address).

Is this all going south !?
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December 30, 2017, 06:29:28 PM
 #1652

does anyone care!
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December 31, 2017, 02:50:33 AM
 #1653

hmm i'm still keeping an eye on this project and have a small stake, but I am curious, has any major progressions been made since around october? i started my stake around the time of the corion ICO that would end up setting the floor price. I'm interested in investing a bit more in the future, but wondering about any tech advancements / how has the gold support been etc
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January 01, 2018, 09:01:43 PM
 #1654

I clicked on the Gold link and there seems to be no gold!!!!!!!!!!!!!!!!!!!!??

https://www.bullionvault.com/audit.do?startsWith=GOLDRESERVEFUND
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January 02, 2018, 07:22:04 AM
 #1655

Dev reads the thread but doesn't answer anymore.  Lips sealed

Name:    Mesterlovesz1974
Last Active:    Today at 05:57:19 AM

Looks like a empty Fort Knox here, so no guard necessary  Cheesy

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January 02, 2018, 03:17:37 PM
 #1656

Dev reads the thread but doesn't answer anymore.  Lips sealed

Name:    Mesterlovesz1974
Last Active:    Today at 05:57:19 AM

Looks like a empty Fort Knox here, so no guard necessary  Cheesy

It is true that the dev is not an arrow, he may be on vacation, he will probably answer or not. Grin
Mesterlovesz1974
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January 02, 2018, 08:45:41 PM
 #1657

the given address, to "check your fork balance"
0xc08b5542d177ac6686946920409741463a15dddb

isn't seen on any eth explorer...

When will it be "online"?

and on this address we will see our new created XGR public address, where we have to send the coins?

or did i get something wrong  Roll Eyes

Hi everyone and HAPPY NEW YEAR!

Between Christmas and the New Year , I was on a tight schedule, visiting my family members.

So, first of all, the contract will be online only in February, so you will not see it on Etherscan before that date. The fork website is working now as a database. You send coins in properly and your new ether address and the coins sent in will be accounted. That will be uploaded to the contract when it will go online.
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January 02, 2018, 08:46:58 PM
 #1658


Thanks for the richlist. The first address as set on the first page on this thread is the Premine address.
Mesterlovesz1974
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January 02, 2018, 09:01:45 PM
 #1659

1. How is XGR backed by gold?
2. For every ';x' amount of coins how much gold is there backing it?
3. Does price fluctuation affect the amount of gold being backed?
4. Is there constantly more gold being added to catch up with coins being created from PoS?
5. What proof is there that the gold is actually there? Can we 'audit' you at any time? Also what type of security is there in order to prevent theft of this gold?
6. Is there any possibility in the future to trade 'x' amount of coins for 'y' amount of gold?

Not being a hater, just common criticism questions I'm sure other investors are curious about. I'd love to know more about this coin before I invest properly into it thanks Smiley

1. XGR is not backed by Gold at the moment. It is backed by 2000 USD equivalent of Corion tokens, 2010 USD equivalent in Bitconnect in active lending.
2. I will calculate the actual minimum price of 1 GoldReserve after the swap.
3. The amount (in any currency or asset) will grow over time, price fluctiuation does not affect it. Imagine it as the first coin which has a set (and ever growing) minimum price, which you can get any time you want to exit from the coin completely. Imagine the worst situation: XGR price on exchanges goes to 0. If it happens to any other coin, you are screwed, your investment is gone. With XGR, there will be a floor pice calculated according to the backup assets worth and the tokens in circulation. So even if the exchanges will give 0 for 1 XGR, you can get a certain amount if you are selling your coins to the floor price exchange. At the begining that will be through a website, but later, it will be smartcontract based, completely decentralized.
4. Yes
5. 3. answer
6. As I changed the asset backing a bit to be more uptodate and decentralized, Gold will be only part of the backup portfolio.

Mesterlovesz1974
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January 02, 2018, 09:08:48 PM
 #1660

Old Premine wallet: GKYjhVaQFyXmQmvTnPJBp3G4imdLjTLUQh
Because of some issues with the block explorer I had to move the premine to another address
New Premine wallet: GRLspD83zqonHEZLicETwXbtcsUJynrC9n
I use this wallet to pay for bounties, marketing and to buy Gold so it will slowly depleting!
Premine stake wallet: GW2Bneyh2gaCkKfuBMY4TaLg9KcXAjeYvV
This wallet holds the majority of the premine, it is there for staking!
IPO1 wallet: GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi
IPO2 wallet: GeHLq23RxjTLLeLJDK7HX3MvGTkuQwyzHr
IPO3 wallet: GedqbJSeTi4afZmRxkP7RKUSd2tbQX6Uhi

I'm assuming that's a quote from the dev. So that's like 2.5m coins, worth $50k if you could dump all at once. So with not seeing a dump by now that gives some credence to the dev I suppose. Good to know.

Is there an expiration date when coins cannot be swapped any longer? Are we going to be able to swap after the token gets created? If a bunch of people don't swap, there's going to be a lot of tokens held again by the dev (unless they are sent to a burn address).

I will keep up the fork webpage for long enough after February that everyone have a chance to make the swap. So XGR coins will be going to a burn address, and TOKENS will be created on the Ethereum blockchain. I will swap the premine and immediately deposit it to the longest (6months) period. I may sell the interest, but I am planning to sell the premine only if the decentralized floor price distribution will be possible. (around 2018 Q4)
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