Quote from: coinmenace on March 30, 2017, 08:04:11 PM

Quote from: nmrcngrb on March 30, 2017, 06:08:31 AM

Quote from: Ivanovski on March 29, 2017, 08:30:42 PM

There is a connection. I will give you an example. 1xaur can be melted for 1g of pure gold. The price of 1g of gold is 40$ that means that minimum price of 1xaur is 40$ and no one would not sell it below that price. If gold increases to 80$ per 1g... after that we have bigger lowest price. That's why Xaurum is unique investment.

Probably you have put this 1xaur for 1g just as an example, since 1 g can be melted for: 2084.197630221019 XAUR.
It's a clear calculation: circulating supply approx. 90 MIO XAUR divided by ammount of gold approx. 43 kg and you get how many XAUR you need for 1g

1 XAUR = 1 gram of gold or even $40 is too much wishful thinking. If you give an example be more realistic newbie.
At current price: 1 XAUR = $0.094248 (0.00009217 BTC). Price needs to increase ~4000% to achieve $40 price per 1 XAUR. it will make me a millionaire. lol Grin

it's connection to gold is that dev team has a stash of gold hidden somewhere and you can request melting if you want to order it from them.

Dear sr.
Suggestion from newbie: First read, then comment.
And your calculation is wrong. You have forgot one 0 in the percentage

Anyway, as far as I understand the concept I don't see the reason why someday the price would not climb to $40, although nobody talked about this here.