Hi Dev just after an update, obviously we are all waiting anxiously after the recent drop in price, is there anything happening to back up the coin? not to be pedantic but as milestone 1 says approx 2-3 weeks premine will be sold, now i know we have only just passed the 3 week mark and we don't expect you to act bang on 3 weeks but if you could maybe give us some kind of update like if you have made arrangements on a set date to buy the gold, have you had any feedback from bittrex to say when we will be on etc, even you cashing the premine will give the market a gook kick up the ass, there are a lot of people backing this coin and it would be very disappointing to see it flop, thanks
Hi, for me to prepare the backing up process, it is crucial to get on a bigger exchange. Premine is a lot of XGR and I do not want to disturb the market when I sold them, so it should be a longer process, around a week while I can sell all of them. But of course as soon as I get a reasonable amount, lets say around 3 BTC I can start the backup process, which means I can buy the gold and give details on the gold account and minimal buyback price, etc., and that will be the point when GoldReserve will skyrocket!
About larger exchange: I have a solution how to get on a big exchange. I am working on that every day to reach that. I hope that in this week that will became a reality.
But while we are waiting to that, please don't forget to tweet something about XGR and Bittrex, and vote on Poloniex! Getting on more exchanges is crucial for the backup process!
About the price: Last week it was around 250 sat and 0,6 BTC volume, now it is over 400 sat and 1,9 BTC volume! We are more and more attractive to investors and daytraders which is at this point a very good thing!
I have to assure you that I am serious about this coin, I won't dissapear and I keep the interest of the investors in the first place!
