Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
CoolSearch
on 28/09/2016, 08:16:47 UTC
just fake volume on Trex

Ccex has 80 btc yesterday, is it also fake volume? But i am not sure, i think this is a 8 million project, this volume is very normal.

Could be but i could tell XAUR would have much volume if its on bittrex. Most traders are on polo and trex, if its there chances is that we'd all be trading XAUR.

80btc in trading(volume) isnt this big... bittrex still smaller than polo but 80btc can be achieved easily.
yes it is easy to achieve there's a lots of big investors that can play with xaur as we seen good potential coming from this project.

Why should big investors play with xaur? It is not enough "to go on the street and show legs". Competition is high at the moment. We need news and medias.

Ok. Let's make this discussion a bit more interesting.
1. What do you think would happen to XAUR prices (base price, production price and exchange price) if new investors invest 5 million USD - through masternode mints for example.
2. What do you think would happen to XAUR prices (base price, production price and exchange price) if gold goes up 30% till the end of this year (probably after US elections).

You can guess or use the coinage formula...



OK. The price goes up, but it does not mean  also that demand on exchange goes up .

I agree with anarh that demand is the problem. If you for example need 20btc which is aprox 12k usd, the demand is so weak you would need at least a week to get 20btc at avg price of 30% lower then mint price. If you need it like really fast you can expect if you are optimistic to get 20btc at 40% lower then the mint price. And 12k$ - 20btc is a drop in the sea comparing to market cap of 8mio usd..

Just please dont give me arguments of 80btc daily volume since 60btc is fake for sure on ccx. Been watching volume lately and its a fact that there is fake vol in ccex. Since Trex is open now for few days its hard to say if there is also fake volume, but also the daily vol is 20 btc which is quite emabarassing for 8mio cap coin.