Yeah but if you look at the price in relation to a bunch of other cryptos in the top 50, they too have increased over the last 3 months. In fact, dogecoin which has no gold backing and is growing by a few billion coins every year has
tripled in value in the same period.
The reason doge has increased is because of Chinese, Indian and Japanese investors- I reckon that if you could find out who is buying the xaurum, you'd find it's the same people in Asia who are pushing the price up on other crypto.
Maybe the dev's can ask the exchanges where the buyers of xaur are coming from before patting themselves on the back for the price riseWe are not pushing the price up....we are buying a physical gold to backing all exsisting Xaurums...and than normaly gold backing pushing the price up.
Did you see "last two MINTs" in last two weeks( where money is used to buy new physical gold to backing old and new created Xaurums)
THERE WERE MORE THAN 1milion$.
Now go to Livecoin and Bittrex and find out where will be the Xaurum price, if that 1milion$ we used to buy "sell orders".
The price will be pumped to 20-30$ but there will be dump almost for shure...so 1milion$ made on exchange some very happy sellers but of course some very sad buyers.( I think that you also won t be happy if you pay Xaurums for 20-30$ TODAY)
BUT XAURUM IS DIFFERENT IS UNIQE AND IT'S ONLY ONE WHO HAS GROWING GOLD BASE.