Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum RICO
by
watuba
on 21/07/2016, 10:38:38 UTC

1g 999.9 GD Nadir goldbar costs 54,80$ (including storage and insurance),
BTC = 661$;

You get 2.27093139107 XAU * 8000 = 18167.4511286 XAUR and 661$ of gold is bought for the commonwealth (11.6 g) so the ratio of gold to xaurum increases.

Okay, my math and understanding was way off!  So can you tell me what % of my BTC would be backed by real gold if the RICO ended right now, and I had invested BTC in it?