Quote from: jure90 on January 07, 2017, 09:02:42 AM

Your posting makes no sense. Xaurum is not 100% backed by gold and it will never be. It has its golden backing behind of it and it can only go up. The backing can never drop. But bigger the difference between golden and production price, faster the backing. The gold behind of xaurum is meant for knowing where the worst case scenario is and for measuring events that are happening on xaurum network. You can do the calculation how much the gold increased because of all transactions, mints, minings.

I suggest you to do the deeper study of the project because when you will understand it, you will fall in love with it. Do not feel odd if you will need a few weeks to really understand it, because even I needed this, even though I know devs in person. If you need any help let me know.

Yeah, I know that there isn't anywhere near $80mn worth of gold in the current bullion holdings. My point however is that the current gold backing and even the promise of further increase in gold holdings is not making any difference in the way people perceive it as being different from other crypto.

See, with gold bonds, their value only massively drops when governments interfere with them.

A gold bond is backed with hard bullion in a vault and therefore it doesn't drop when regular bonds drop in price.

This last 2 weeks has seen some big volatility in xaurum's price- it's dropped by around 40% twice in 4 weeks.

Anyway, I don't really mind if the dev's want to censor me for saying what I'm saying so let me be perfectly clear here: Nothing is making xaur a safer crypto for investors or a more desirable crypto and something needs to change.